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9. It~pection. [.ender mn}• niak~• or ~•:?u:~• to IK~ mu~l~• rea,uuui?le ~•nlrie~ ~~pou iuul inrpections oi tiie Yrop-
etty, pro~~ideci thnt Leu~1~~r .liall ~;ive l3orro~~•rr noti~~e ~?ri~n• to :im• .u~li inspectioi~ .~~~~cityin~ re:ison~?ble rause
therefor telate~i to J.ender's intemst in tl~e Nropertv.
9. Cond~maution. 'Che ~irocec~eic of sny :?~~•an! ~~r Y•lsin~ iar ~l.uu:~ke~. dirert or~ consequential, in conneetion
«~ith any condemnnt.ion or other takinfi of thc~ Pru~?er1}•, ur ~~art thernof, or for ~om•eyance in lieu ot condemna-
tion, are hereby n~~i~ncY1 and shall I~e pnid to I.ender. '
In the e~•eot of a totnl taking o! tf~e Yropert~~, tlm ~~roc~~~+1s ~hall I?~• :t~~~~licvi to the ~e~ms secureci by Ei~is \iort-
~;uge, ~~•ith the exc~ss, if ~n~•, ~~»i~1 to Borro~~rr. In th~• c~•ent of ~~nrtinl t:~kin~ of thc Yro~x~rty. unlecs Borrower
und I.ender othern•ise n~rcr in ~vritin~, them shiill h~> :~~~~?Iiev! to thc• •um. :~~urc~+l I,y this ~IortRuge such propor-
t.ion of the proceeds as is ec~uAl to thut. proportion ~~•hich tlic xmount of Ihe sums ~ecureci b~~ this ~[ortgage imme-
~liately prior to thc dnte of tnkin~; bean to tl~c f:tir u~Hrk~~t ~•alu~ of th~• 1'm~~ert~ immrclintely ~irior to the date of
taking, with thc balancc of thc ~?rocee~f~ ~~:~i~l ta i3orro~vcr.
If the Propert,v is abandoued hy I3orro~~•cr or if :tftcr uotiee b~• i.cudcr to Rorro~~•cr that the condeit~nor offet~ ~
tn make an a~~•ani or settle a ciaim for dam:tfie,, Borron•rr fails to respond to I.ender ~sithin 30 days of the date ~
of such notice, I.ender i~ sutl~orixed to collect an~l t?p~~h• tlic ~,roc~tixl: at I.endcr'. option eithcr ta restorntion or ~
repair of the Propert,~• or to th~ ~wns seeun~cl 1?~ thi. \lort~u~e. • ~
iJnieS~ i.ender anci Rorrower othet~vise agree i» ~vriting, nny sucl~ application of procecxis to principai shall
uot extcnd or post{wnc tlie due dAte ot tl~c 2na~ithh• inst:~lln~ent. reierrc~i t~ in ~?ara~rai?l?s 1~nd 2 hereof oc ;
change the nmount of suci~ instalin~ents.
I0. Boaower Not Released. F.xtension of N~c tirue for i~zvnict~t or modificatioii of .in~ort.ization of the sums
~eeured hy this \~iortgagc grnnteci b~~ I.ender to znti ~urcessor in intcrnst of Aorro~vcr s]~all not o~~erate to release, ~
in an,y mnnner, the liahilit~ of th~ originul Rorm~ver and Rorro~~~cr'~ succe~sor~ in interest. T.ender shall not be
requirc~ci to commenee procreding. agninst .ucl? cucc~~or or m[usr to extend time for pn~ ment or othenvise modify ~
:?mortization of the sums secttrect h~~ thi~ \tort~;a~e h~• reasou o~ :u~y ~1emF?n~i roade h~- the original Borrocver and
Borrower's successois in interest. {
I1. Forbearance by Lender Not a Waiver, an~• forbcar:tiecc b~• I.ender in exercisin~ an~ right or remedy ~
I~creunder, or otl~en~•isc .itTonleci ;~pplicnble lni~•, shall not. b~ ~~•:?i~•cr of or ~?recladc the exercise of An} right ' 4
or reinedy here~iuder. Thc procurement of insur~nce or thc ~~ayment of tax~: or oth~r lien, or charges by i.ender ~
sh,~ll uot ix~ a~~•ai~•er of T.ender'~ right. to accelernte the mnturi'c}~ of tiie inde6te~ltm.< ~ecureci hy this \iortgage. ~
12. Remedies Cumulative. AH remeciies ~~roviclcrl in ihis ~lort~n~e nre ~listinet and cumulative to any other l
right ur mmech• ?nder tl?i~ \Iart~nk~~ or af~orclc~l f?~- In~~- cfr ~~quit~•, a~n~t may b~ exerciseci canrurrent~y. independ- °
~•ntl~~ or succes~ivel~ .
13. Successors mid Assigns Bound; Joint and Several Liability; Captions. '1'hr ca~•en;u~ts nn~1 ~greements !
hereir~ containeel slanl! bind, :~nd thc rights hcre~uidcr ~hall inurc• [o. the res~~cetiv~• •uecessm~ aml ~c~igns of T.ender
:~nd Rorro~~~er. ~ui?ject to the ~~rot•ision• of ~?:u•aK~:~~~h 17 hercyif. _\li co~•enAnt~ .tnd :~~ree~n~ents of Botroner shall
I~e joint :u~d <~~•eral. TLe ~~aptiou~ a~ul headin~~ of tl?c ~~:irugra~~{i< oi thi~ ~~ort~a~;e are for con~~enience oniy and
are not to be useci to interpret or definc t hc !?rnrision~ hereof.
14. Notice. 3n~• notice to Borro~ver ~~m~•ideci ior in ti~i~ ~lortga~;c ~liali l,e ~;ir~~n b~~ mnilii~g ~ucli notice b~•
~•crtifiect uiait :ui~~m~scxl to I3arroi~•er .it thc Y-ro~lert~• :1~l~lre:~:: •ta~ic~l h~1o1r. ~~xce~~t ior an~• notice requireti under
~~cu:i~rzph 18 ]~ereof to he gi~~~~n to Borro~~•er in tl~~ mam~er ~n•~~.:~•riht~l h~• a~~~~licahle la~~-. :1n~• noti~e pro~~ided
for in thi~ \[ortga~;e ~hal1 1?e ~leenu~l to h:~~•e heen gi~•en tc~ Aorm~~-~~r ~~•fu•n gi~•~n in the ~uanner desi~nateci hereiu. ~
15. Uniiorm Mortgaqe; Goveraiag I.aw: Severability. 'Chi~ tonu o1 n~ortgage ~on~bines i~niforn~ co~~ennnts ;
ior national ~ise ~inrl nun-uniforn~ co~•en;~nt~ ~~itl~ limite~i ~•ariation: b~- jnri~diction to constitute a«niform secu- ;
rity instnunent cavering real ~~mpert~~. This ~[ortg~~e shall !?e ~o~•erncKf h}~ the la~~• of the j~~risc~iction in ~vhich
the Pro~~erty i. lacatc~i. In the eretit thzk ~?ro~•ision a• r!<zu~c ol' thi~ ~Iort~a~e or the \otc conflicts ~vith
applicable laic, such conflict shall not affect other ~~ro~-i~ion~ oi thi~ \iort~a~c or the \ote ~vhich can i~e given
~~'ect ~eithout ~he conflictin~ ~?rot•ision. an~! tn this cn~l the }~ro~•i~iom of the \[ortKa~e :in~l the Note ute declared
to be severable.
16. Borrowei
s Copy. Borm~~•cr ~l~:~ll hc iurni~lir~i a~•onform~d ~~o~~~- of fhi~ ~iort~age at thc time of execii- ~
rion or after reconlation l~ercoi. .
17. Transfez of the Property; Assumptian. If ;ill or am• ~~a?~t of the Yropert~y or an intcrest therein is sold
rzr tr.tnsferrect 1,}~ Borron•er ~~~ithout I.encler'~ ~irior crritten ~~on~ent, ex~luding ial fl?c creation of a lien or encum-
hrance ~uhorrlin3te to thi~ \Iort~aKe, ~1,~ tl~e cm:~tiun ~f ~~iurl~u~c• i~~onc}- ~ecurit~- interest for household appli-
:?~ice~, I c) a tra~i>iet• ii~• ~ie~•ise, de.~r~ut or h~• o~~~•r;iti~»> ot l:t~c u~~~~n th~ ~l~ath ~f :i joinf ten~nt or ~dl the grant of
.iu~• Ieasehold intere~t of threc ~•ear or le.:• not ~•ontaii~in~; :u~ u~?ti~~u ~o p~u•cl~:~~c~. i.ender rr~a~~. at. I.ender's option, -
~leclare zll thc sum~ ~c~iire~t h~- thi~ ~Iortgage t~~ i?c~ inuiic~liAf(~\" 1IliP ;ui~i ~~a~•a}?te. T.en~ier ~~IR~I ~lAVC ~Y91V~ 3UCIl .
option to c~rc•eter.itc if. ~+rior tu the ~tilc or tran~fe~r. I.~r~~ler :uu! tl~e ~~rr~on to uhom tl~e YroE~ert•y is to be sol~-or
trans[erre<1 rexch agrecment in +~-riting tliat the ~•r~~iit ~f :ucl~ ~x rson i~ ,ati~iscton• to I.ender and that the~'~ = ~~j; ;
,~;q
payable on the ~nms ;c~urc~l b}• thi~ ~[ort~uRc ~hall hc at =u~•h ~at~• a• I.en~ler shzll rc~uest. If I.eud~r-;I~P~si~edl?3":."- :
the option to :u~~•elerate ~irovideel iu tl!i~ ~r,u•agr:~~?h 17 arnl iti R~?rro~~-er'~ ~ucce~.or in interest has exe~tt~e~'8 ` ?•~i. '
tcn as.sumption agreeu?ent .tr~e~~te~l in ~rriting I~~- 1.~~n~i~r. L~~n~lcr ~I~ail rclease Borro~ti•cr froni a11 ob~t~$ 1• ;z '
this ~iort a e and thc Note. _ . ~ ~ ' k
g ~ . ~ ~ 3
If l.ender exercises .uch optio~~ to ,scceler.ite, l.ender •I~all ~uail I3orro~rer notiec of accelerutioq il~:~ ~e s~~C~',',~ 2
~?~itl> >ar.~~ra ?h 14 hereof. ~iteli noti~•r ~ii:~il ?r~~~~i~ie .i ?erial of uot 1~~:• th:tn 30 ~ia~•; iroin the dat,~~ ~ ' •'~~~1'" = ~ t
~ . . ~
1 n 1 1 { ~ibe , t.-'.~.~. .
niailed «~ithin «-hich Borro~~•cr uia~• ~,u~- thc ~u~u• ~leclar~~d ~lu~•. If Rorro~+-er fail• to ~r,i~ ~uch sums; .f~4~, .'•'•1
~~x~~iration of ~uch ~?erial, t.en~ler u~a~•, n~ith~?i~t t"~~rth~r nuti~•~• ~r ~I~~iuan~l on Rorm~c•er. im•ok~ any re +~'~-'.~'~%J~
wittctl b?ata ra ~h l8 hcrcof. p~~;•
Y i ~ 1 • •
\~,x-[":~irux~i ('u~~r;~:~~T•. Ii~?rr~n~•~~r .uul L~~n~l~~r f~n•th~~r ~•~?~•rns~nt auul a~;ree a• follo~s:
18. Acceleraiion: Aemedies. i•:x~•c~~t :i~ ~~r~~~-i~i~Yl in ~~:u•a~;r:til~li 17 hc~rc~ui. i~~+uu Borm~crr'• breaeh of an~ j
,•~?~~enant or agrc~e•nu~nt oi Rurrc?~~~~•r in thi~ \lort~;aKe•. in~•Iw(in~,: tlu• ro~•en:int~ to ~~a~• ~~•l~~n ~iuc anr •ums secured
by this ~lortga~e, I.enr[er ~irior to acceicr,?tion ~hsii n~ail notirr to Burru~r~•r .s~ ~~rori~le~! in ~>arngraph l4 hereof
s~?eeii~inc;: ~ i 1 the trre~teh: +2? the:i~tic?n re~~~~ir~~~1 to eure• su~~L I,r~~a~•!~: c3~ a~late. not lc~•: than thirty days fro~u
ihc ~latc tl~r. noti~c• i~ iuailctil to I3ori•u~r~•r, 1~~• ~~•hi~•li :~~ch hr~~~u•li nn~~t !,c• ~•urc~1; :u~~i 14 ~ tl?at failar~~ to cum such i
brcach ou or tx•fore th~• ~iut~• ~~?e~iti~•~l in th~~ noti~•~~ n~u~~ r~~.nlt in ac~~•c•I~•r:?tion ot ti~e •wu~ <ecurcd b}• thi. \tortgage ~
,uui s:?le of the Yrope~rt~. If th~• hreacl~ i~ i~ot ~~ureu on cn• I?~~for~• thr ~I:~t~• ~~?ce•ifie~{ in ti~e notice, i,ender at I.ender'~ f
o~~tion niut- ~iecl~ir~• alt of the ~~~m• •~~cure~i h~• thi~ \Iort~a~;e t~~ hc ii~iuu~~liat~it• ~lue :~n~l ~~a~'ablr ~~-ithout further ~
de~uand an~l ina~y foreclo;c thi• llort~;a~;c• I,~• jenii~ial ~?ro~•e~~~~iinK. L~•n~1er -hal1 I,e entitle~l to collect in such proceecl-
ing .tl! ex~?er~se~ ~?f foreclo;urc. in~•leidin;,~. I,ut not li~uit~~~l t~?. rcasonuhl~• aUorn~~~•'~ iecs. ar.~l cost~ of documentat}•
evidence, .tibstracts an~l title• rc~~?ort~.
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_ aoo~~`~39 Pac~2400
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