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8. Inspectioa. Lei~d~~r u~K~' ?ui~ke or riu~,~~ to I?~~ ~nu~ii~ r~;~~uuuhl~• ~•nirie, u~~~~n ~u~~l ius{?ectiair oi the Prop-
erty, l,mvidecf ti?at I.ender shall Ki~~e HorroH•~~r noti~•~~ ~~riur to an~• ,u~•h i~~,~K~~•tic?u .y~ccif~•inK rcu,onable cause .
theretor related to I.ender's int~~rest is? tiic~ Yropcrl~~.
9. Condetnnatiob. Tlie ~~rocec~ls of any :?~~•ar~i or rlnin~ tnr ~I:una~;e~. ~1ireM or ~:a~sequcntial. in connection ;
~~•ith :~ny condeml~ation or other takin~ of the~ Prop~rl~•, or ~~:~N tl~ereoi, or for conroy:~ncc~ in lieu of condem»u- ~
tion, are hereb~ :~ssi~;nc~1 an~i shnll lm ~?sirl to~Leuder: , :
In thc e~~ent of A total ti~kinfi ot thc Yro~?~rt~~, th~ ~iro~~~~~+i~ ~hsll 1~~• a~~~?lie~l tn the ~um, sc~•~mcvl hy this ~fort- i
~;age, ~~•ith the excess, ii an~~. ~?~i~i to BorroH•er. ln c~•cnt of ~~artial takin~ of thc Pm~~~•rt~•, unless I3orrower
:u~d I.ender other~ei~e a~rce in wrifin~, them ~hnil I?e :?~?~~li~Kl to th~~ cuiu: •c~nm~l h~• this ~lort~a~c ~uch pmpor-
tion of the proceeds ax is equal to thnt pro~~ortion ~vhicli tL~~ a~uc~unt o[ tirc~ swus .ecured by this ~tortgage imme-
~liately prior to the ~iatc of t~king Lear to tii~ f:~ir roark~•t valu~~ of th~~ Yru~~ert~~ imme~cliately prior to th~ date of =
taking, with the balnuce of the pim~ecds ~?~irl to Borro~~•cr.
If the Nroperty is abandoned L~ 13orro~~•er or if after notic~r I?~• I.euder to Rorro~ver thAt, tl~e cuudemnor ot~er~
to make an n«Arci or settlc t? claim for dau»i~es, Rorro~.•er fnils tu m~poud to I.endcr ~rithin 30 ~tays of the date
uf.such notice, I.ender i. ~utl~orizecl to collect :u?~i a~?~?ly the ~?roc~•~yl~ :~t Lender'~ option eithcr to rc~stor?tion or ~
repair of the Property or to the ~ums securc~i h}~ thi~ \IortRa~c.
tlnlev tArnder and Borron•er othern•isc aRree in ~vriting, any such application of proeec~ds to ~?riucipal shall ~ ~
not extend or pos[pone tl~c due dAte of the montl?i~ installm~nts micrre~l ta in ~,:u~.i~rai?I~s 1:tnct 'l hereof or
change the umount of sucl~ instullments.
10. Borrower Not Released. rxtension of the tiu~c ior ~~a~ ment or ~nalification ot iimortization o[ the sums
.ecured by this ~rlortguge grnnted by Lender to Au} ~ucces.~or in intcrest of Borrower sLall not operate to release,
in any manner, the liahilit~~ oi thc original Bono~v~r nnd Aorro~~•er's succc.~or:~ in intere.st. I.ender shAll not be
requirecl to commence procecdings against. such succe.csoc or rciu~c to extend time for pnyment or othetwise modif~
:?mortiLntion oE thc sums secured I~y this \tort~;i~~l~}• reason of :?n~• ~Icmnnd ~nade b~• the ori~innl Rorro~~~er and
Borrower's suecessors in interest.
11. Forbearance by Lender Not a Waiver. :\n~• forbearauce b~ I.ender'in exercising uny right c,r remedy
i~ereunder, or ot.her~~•ise gf3'orded b~ applicaUle ln~~•, shalt uot Ife ~~•ai~er ot or prech~de the exercise o~ Any right
or remaly hercunder. Thc procurement of insurauce or the ~~ny~uent oi taac~ or otl?~r licns or charges by T.ender
~hall uot hc a~vai~er of I.ender's ri~ht to neccler.3te tl?c n~aturity oi tl~c indebte~lnes.~ secured by this ~tortgage.
12. Remedies Cumulative. Ail remeciee~ ~~mvidMi in thi~ \iortga~e are distinct and cumulative to any ~ther
right ur ?~emed~ umler fhis ~lort~a~e or a?f~'onic~l 1?~ 1:~~~• or c~uit~ , and niati• h~ exemisc~l concurrently, independ-
~~ntl~~ or successively.
13. Successors amd Assigns Bound: Joinl and Several Liability; Captions. Th~ corenant~ and agreementr>
herein containecl shall l~ind. and the ri~hts lierewider ~hall inure to. the respecti~~c ~ucce~~or. and assigns of Lender
:ind I3orro~~cr, ~iibjcct to thc pro~•ision~ of ~iara~ra~~h 1 i 1~~•r~~of. :\ll co~•~nants .?nd ~gn~n~ents of Bormwer shal)
he ioint• :md ~e~•ernl. Tl~c ~•:?~?tion~ arnl lieadin~s of tl~c ~+:11':1~171~1~1< <~i thi• \iortga~;c :ire for co~~enience only And '
are not to be used to interpret. cr ~icfine the ~~ro~•isian~ hercof.
1~. Notice. Any notice to Borro~~~er pm~•ide~t tor in thi~ \lort~u~~• ~{r?ll hr ~i~•en M mAil~u~ ~uch notice b~
~~ertifieci ninil .uidre`cvl to I3orro~~•er at thc P~~opcrt~• _1~idre~~ ~tat~~l hcio~+-, exrc~~t for ;?n}• noticc require~~ under t
~~ur.?graph 18 hereof to he gi~~en io Aorro~cer in thi~ ~uann~~r i?re~~ril~~~i b~• up~~licable la~~-. An~• noticc ~~rovided
for in this \(ortgage ~h~ll l,c deemc~i to ha~•c hecn gi~•~~n to I3orro~~-c~~ ~chen ~i~•~~n i~i the manner ~icsignateci herein. !
15. Uniform Mortgage; Governing Law; Severability. Thi~ forn~ of n~art~:~Ke combineG unitorm co~•enants '
for nationnl use nnd non-uni[onn corenant~ ~~-itl? limifed ~•ariatiot?s 1?~~ jarisdiction to con~titute a unitorm secu-
rity instrument co~•ering rcal pmpertr. This \tortga,e shall hc ~overne~l t~yb the la~~ of thc jurisdiction in ~vhich
~ the Yroperty i~ located. Iu the e~•ent th~t anS• ~~ro~•ision or ~lau~e of this ~iortgage or the \ote conftiets with
aj~plicable ln~~, such conflict shall not ut~eet other 2~rori~ion~ ~~f thi~ ~(ortgagr. or the \ote ~vhich can be given
ef~ect ~vithout the conflicting ~~rot•ision. an~1 to thic enrl the ~~rm•icion~ uf the \(ortgage and the 1~'ote are deelared
to be severable.
16. Boaowei
s Copy. Rorm~~•er ~t~al~ be furnishc~i c< <•onforn~cci co~~~- of this \Iortgage at the time of execu-
I t ion or after reconlation hereot. ~
; 17. Transfer of the Property; Assumption. If sll or am~ ~~art of the Property or an interest therein is sold ~
' or transferred hti~ I3orm«-cr «ithout t.encier'~ prior_~critten ~•on~ent, excludin~ 1:~1 the creation ot lien or encum- ~
~ hrance suhorilinate to tl~i~ \[ortga~e, i hl the cmation ~f :i ~mr~•ha~c~ n~one~• ~curit~- intemst for l~ousehold appli-
~ :u~ce~, (c) a tran~fer 1,~• ~ie~•ise. ~l~~~ent or h.• o~?c~~.Rti~?n ~f la~c u~run tLe :ic~ath of a joint icnsnt or (d) the grant of
:iny lea~el~old intere~t ~f threc ~•car~ ur Ic~~ ~~ot ~~ontniuin~; :u? optiou to pur~f~~se, Len~ler :na~•. at i.ender's option.
~teclare all the swu~ ~ecur2d f?~- thi~ ~Iorte.:ge to l~e inune~liltcl~- ~iu~ an<I ~>.i~'ahlc. I.rn~ler sl~sil have ~aited such ~y
option to uccelerate if. ~?rior to the ~ale or tran~icr. I.en~ier :iu~1 the ~~er~on to ~vhom the Yro~~erty is.to be sold or j
~ transierrecl rcach agreemeni iu ~vrit.ing tl~at the ~ralit ~?f ~uc•h ~~cr~on i~ ~.itisfactort• to I.en~ler and that the interest ~
~ ~~nynblc on the ~uu~~ ~ecure~i I~~- thi~ ~[ortga~c ~lutll lec at ~u~h r:~t~~ a~ T.en~ier ~l~sll rc~~uest. If T.ender has waived
~ the option to :iccelerste ~»~o~ide~i in thi~ ~~aragr:?i~l~ 17 .~nii if 13or~•o~~•cr'~ ~iicces~or i~i intere~t lia~ executed ~ writ- ~
ten assumption agrecment ucce~?te~l in ~~•ritin~ h~• Lender. Len~ler ~i?ail release Borrower from all obligations under ~
~ this ~4ortgage and the ~Tote. ~
~ If I.ender exercises ~uch option to acceteratc. l.ender sf~sil ~nail Rarro~ver notice of aeceleration in accordanee
~ ~citii ~?ar~tigra~?It 19 hercof. Sucl? notic•r ~6ali pm~•i~lc a ~?erial 01 not Ic:• than 30 da~•s fran the datc tl~e notice is
niailetl ~~'ithin ~rl~ich Borrotirer ~ua~• ~~a~• tl~c~ sun?~ ~leclsred ~hu•. Ii l3orro~~•er fail~ to pu~~ ~uch ~um~ prior to the
~ cx~uration ot ~uch ~?erial. T.endc~r ma~•. ~~•ithout furii~c~r n~~ti~•~~ ~~r ~tc~nuuui on Borro~rer. in~•okc am• remeciies ~ier i
~nitted l~y ~>aragraph 18 hereof. ;
~
~ \ox-['~itut;a~ (.'u~•r:x:~x~r;. liorr~?~~~~•r.uul L~•n~l~~r furth~~r ru~•~~n:int .ui~l a~rer si~ foll~~r~: i
~ 18. Acceleration; Remedies. F.xcc~~~t ~rro~-i~i~•~i iu ?;~ragt~a~h ,1? hemoi, n~?on Borro~~~c•r'~ breacls of am- ~
~ i•u~-en:int or a~reeu~ent of Rorroticer in thi~ \lort~:~t;~•. in~•lu~ine tl?~~ ~o~•~nxnt~ to ~~a}• ~~•hcn due an~ ~uins securecl ;
~ f?y this ~lorigage, I.en~ier-~~rior to ucceic•ration ~LaU n~.iil i?otic~c• to I3orro~~-er :i~ pro~~id~~cl in parngraph 14 i~ereof '
~ apecif~•ing: 1 thc brci~ch: ~2~ tlu• :i~tion rc~~uir~~~l to cur~~ ~ucli In-cacb: ~3~ a~{at~. not 1~~~ than tl~irt~' da~s from {
the ~1ate tlic noti~e is i~~sital tn Borra«-c•r. I~~• H-hirli ~urli hre.t~•h ?nu~t 1?c• cured; au~l ~4 ~ that fuilurc te cure such
~ ~
~ breach o~~ or bciore thc• cl:stc ~~~ecifi~~d iu thc~ notic•c uu~~' re~ult in :a~~el~~ration~oi tl~e swns scrured b~ this ~tortgage '
~ und sale of thc Propert~~. If thc hmx~•h i. not ~•urect on or hefor~• th~~ date ~~~ecificYl in tl~c notiCC, I,ender at I.ender's
z uption ~ua)• ~Iecl:?rc :tll of the ~~nn~ ~ecurcKl b}• thi~ ~IoM~;a~r to b~• intrn~cliatcly ~lue and payable Hithout further
~ ~emand .~nd u~ti~• forecfose thi~ ~tort~;r~~~~ L~ ju~li~i:~l ~~roce~etiiiue;. L~•n~ler ~J~nll Ix~ entitleci to collect in such proceecl-
~ ing all ex~?enses of foreclosure, including, hut ~~ot fi~uit~~l tu. reason~~btcJattQ~~t'~Ci'ecs,.~nd costs of documentarv
~ evidence, abstracts t?nd titic re~?ort~.
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