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HomeMy WebLinkAbout0481 I n, . . ~~~;tt~"~ ~ir.;~: ~ , .~t ~~~E~I~ .~f~i~• i.<<~ It,•.~~~~.i! .~~.ii' !h~ :e~ :;n! .~11 ~it.,~,_ ,._~r ic,ui.u~.r ;n~u:u. ~n lh~• ,!:.~tr . ~ni~irr i~.:~.~~i.~~.~, iir~rut ~ .ai,,~,,,~~t. .hi~i,r~l 1 rn.lrc , :.~.i~ itil t,• i. ;~.~t ' •~.cti :n'. •i..,t ?ir,;.,a~ .hnll hi.,,in: .~.1.Ltu•nal ~~!.Ir~"r ln.•.. , i 1{ ~ii,~t~.r .~:~~t:~~ h•. '!)i5 11~~r1c.,,~. .'•1'~1~~, li.,,i, ..ri .~i~.' i rtr ::~~ir t,• ~~tiM~ tc:tus ~~I E~ytrttrtii .u.h u;?r trii..h.~ll Ik~ ~~.,t.~hlc t~E~,.i~ r~,~•;,:• f~~~~1t 1 rn~lc•t I~~Cllurli~'.~~t ~c'u~i:••.~i~~c •.'.iltr:~r .~•,~t .~:~J ~?i:~ll hi':~r trtirti.t if:~rtl I;ir :~.ftt' ~jl~hiff.t'(11~'llf :fl C~.~Ic ~`.i~.ii~~~ ~1~~`Il~ I~fil~' 1~~ 'IIl1C • ~l ~r:il't.tlll~lfl? (~t"~~'~~.~~ ,11?t~~f I~K ~~~[i' ilil~i`,~ ~1,f\'111C111 l~f i:~rr;i.t .it .~~:h r.~tr ~~~,til.1 hr,,..~tr,.r~. .iE.~~li,.~hir 1.~~.~. m.~h~~i: .••rnl .t~:h .un,~~:i;t. .h.~tl hrar ~ntcr~,l at Ihc hi~~hc~t r:~R nr~ri~.~ihi: un~irt :~{~E,I~:ah4~ 1,,,~. \,~~4ii;~~ :.~•.t,~inc.# ~n ;fii~ ~,:ua~ia; h 7,hatl rry~:,.~ I rrtl~r t.~ ~tt.~~r ..nt ~t~~ett,e nr !~ke u~~ .i, ~ ,+n hcr.•~~ncirr R. In~pt•clion. LCn:lr: ii;a~ ni.,~.~ ,•r ,.r I.~ h~ ma~lc r•:.~.,~t~.~h!r rnt~ir, ii~~~~n ~ricl in.~~i.'ti.~n. Ih~ Pn ~+rr~~'. rn~~iJ~~l ihat I trnl~r .l~:~II ~;~~r R.~:i~~~t:r n,,ti.c ;~in+r t~~ .u~•. ~u:h ~n.~,r, t~,~i~ ,t•.'.il~in~ r~ ~.unahlr :.~u-: thrrrt~~r ~~latr.l t~, I cndcr'~ ~n~r~r.i in ttir Ymprrtv 9. fundem~~:~liun. ~ihr ~~r.~,•,eJ. :u:~ a~~,~re! r~ ~ta~m f~~r ~i:una~c~. :lirect ~~r :~~n.ryuential, in c~~rn~rli~~n ~vith .~nt• :untlcmnali.~n rr ,•1'trr tal.in~ thc Pi~~r~rt). i~r rart ~h~r~~~f. ~•r fur :~~~~~•~~.tn~~ in I~~u ~~I :.~nil~mn:~U~~h. .ir~ h~:th~' :~:~ienid .~nJ .1..:1! hi ~:~t.' ~t~ ~.~n~~t~. In Ih; r~rht of a l~~l;~! !::4.inc , f ~h~ 1'r~~{v~r~~. thr ~n~:cr~h ~h:ill h~ .cl~F~licil t~~ thc .~+~nc ce~•~~rrd M• thi, \1,utfi:~~:~. ~~ith ~hr r«r.± if :~m•- i'.~i~ 13~~r~~~~~L•r )n Ih~ r~~nl rl p:~~tial t.~I.~rL Pm{•~rt~•. unl~.. R~~rn,~~rr :ind 1 rn~lrr ,~thcn~i.r a~rir in •,~r:•:~~i. th:n~ ;h.~ll h. :,~+rli~.i t~~ ihr .um~ ~r~urr:l h; thi. ~l,,ne.?~e .~~~h ~.r~~prrii~~n th~ }~m~~cd~ .,s i. ryu.~1 t~~ that ~r,~r,~rti„n ~.h~:h thr :i~n ~:~~~t ~.f thr ~um• .r:urrJ h~. Ihi, ~1~~it~~,L~ immr,li:,trt~ ~•r~rr n• ~h~~ datr cif tak!n!~ he:uc to Ihr fair markrt v:.i•.:r :,t tti~ ~'r:,prric imnmcT:~tcl~ F,ric~r tc. Ihr .latc ~,f ral.:nr. ~tith th~ h:il:~nic ~~f thr ~nkcrJ~ ~~aid 1~~ Bnrrr~rer. ~f 1f1C rfu~Cfl~' 1? :~h;1I1(~i~~t.~~ ~;~~fY,tq~f. a~~ i~. 11R•f (l~~ll~t 1~\' ~ i'~?~jCf It~ ~~~i ft~~~~~ 1~!;li l~~i• ~.~ndemn~.r ~,f3CfS tc. makc an a~~ar~1 ,~r .rlt~~ :i ~I:~,m inr ~1..n~:~,r~. B,~rn,w~r f:,il, T.`~;A~~i~1 1 r~ .l,~r ~~i!f:~n ~11 ~i:i~. :~Ftrr th~ Litc ~~~.h rt,~ii;-i iti n:.~,?c~1. I.rn~icr i~ auth~rii.d ~~,Ifc~t :~nd :s~rl~ rhr ~,r~~~r~~d. ;~t ! rnurr'. ~~i,ti ~n. rithcr t~• rc~t.~ratic,n ~~r rr}~air ,•f thc "F'ri~p.rt~ ~~r tc~ th~ wm~. •r:urr,! h~, :!r. ~1c.nti iec. ~'nl~~, f ii~~l~t .~nd B~~rr~,~~r•.,,:i~_•r•.~~.r agr~r in ~~riti,~~• ;~ir~ ,~;:h :.,•~•L. ;t~~~•~ ,~t }~r.~;r~.l. :~ri~t:i~,,:l ,h:~ll ~;.~t ~~ICr.d ~lf Fl~.~~(~l~~Ill` lf'L' ~~Ut ~~.t(C ~a) I~tt L .+Lt:l{\ tll:l:f~~RlCt11~ fi'tc': 1~~ I~~ ~~:~I.tL'f.ti~~l~ ~ t1`l~ ~ ~l~!l'•'~` ~Y ~}1.t~TL't' (~lc' :Iltt~~ll!ll (~f ~l{~_~1 tIAQY~IR1CAt~. . 10. BorroNCr \M Rclca~.•(1. ~ Cll'll~lt•fl t~~ ~~ll ~1llll ~~~f ~~:I~.t?b•I.I ~~i Ill~~(~1l1:.t,'~~!} 1'~ :I'11.~f117:t~11~l1 i~f 111C ~llfll? ~liUfC(~ ti\' l~11~ ~~~-~Ci~~a~t ~ranlr~i h~ ~ CI1~~lI i.~ :illl' ~tl~~l~~~~f tl? It)li'tc'~l ~;t~ifl~\\~f ~[l.i~~ (1~~! (+~~~~:1I~ l~~ fi~~:fCl'. 111 :IM Ol:lll~ll'f. . thr Ii.~IT~!it~ .,I Ihi vri~~~i;al B~~ni~~~er .~nd FSi~rn~•.~~r~. ~u:c.•.•~,n in int~r~:t 1 inclcr .}ial! n,~t hc rry+~irr.! t~~ i~,mmcn~c ~~'~~~CttlIRL;+ :tL:tlil~[ ~tl4ji ?1lCil'~ti~`7 .~l !~~ll~i 11~ ~\Ill)~~ I1l~l~ ~~~f +l:i':';11~`ill ~~T 1~1~1CCNl~I Illlh~l~\' :1111~~f117:t11~~h 1}ll' ~IIfI1S .C:Ilfl'i{ hl~ (fll~ ~~~~~1~_:1!!t i~~ rr:i,~n~ ~~t .t+i~~ d~ir.:,•1~} m:i.~t' ti•. 1{l~ .+fl~_.e1:1~ {;~~~f.~~~~f :Itlt~ ~;~~ff~~1\~;`tC \UiiC~~~~f~ 1!1 Iflll`Tl~l 11. Furfir:uancc h~ I.cntlcr \ut ~~':~i~cr. f~,rl.~•:~r:~>>: 1.•r.irr in ~~cr: i~ir,• .~n~ ris`~t ~~r n•m~:i~~ iirrivir.~lrr. ~~r ~•ti~rt~~i.~ :~t!~~i~fi;f h~ ar, ti~eh(r i.r~~ •i, ~'f n~~t u.~i<<r <~r ~~rc.-Icu1~ ttrc ~ter~i.c <,t .~m tit1,-h ri~~hl „r r~mtdt. ~~1,' ~"~Ai17t`l17C71f lit IR~l11.lill'C ~~r ~f1C J~.1~'!))i•nt ~~1 I:f\c? .~I lii'~i~ iN C~1dfLC~. ~.CP(j!'1~ ~~13~~ Illll ~t .1 `.~.~~~~~f ~ l'll~~tf ~ i iCh[ :Ii.CI~".~tC tFlt` f11.liUflh~ 2i~i• I~l~Ct~I~l1i11~? .i ;•1!~'.~ h\ t~!~. \~~~ft~':IL'Y. 12- Rcmcdice ('umufali~~c. 1!! rrmc.iie~ ~r.~.~~!~~I in t~~i. \t~,~h~:,_~~• :~r. :~..t~n_t .u•~1 ~u~n:~iativ~ ti, .u~~ ,~:h~r ~ich; ,~r ~rmr~i~ „r.d~r ~tii. 1t~~r:._.ier ni aSf.~~i1_ ! t*~ lau ~~r ~•.~uit~. .~n~l rn,+~ ht' <<i!'Ct~c'~! :uitc~iri:ntl~•. irt~irp~ndcnll~ n~ ,_.~..:•,i~.l•:. I3. Sae~•ectinr~ and 1~,i~nc Ru~ind: JoiM :ind Seeeral I.iabilih: ('apfit?n+. Th~ c~~cr::: nt~ and .izrt~m~nt. hrrein ,ri~~:~iur.l ~h.iil hinii. an.l ~:ir ~i~~-t, i~~r~undc~ .h.:!t ~~i.~r~ t~~ t!ic tr.~•~~ticr ~tc~~~,.i~n :u~d :~~.is:n..~f I rn~l~r :~n.l B~.rr.~.tirr. ,uhtrct }h; ~~n~':i.iuri. ;~i tti~r:~~r.~~h 17 hCrr~~~. :\ll :r:~ ;:.~m~ :~s~~l :~_'rrrntrnl~ :•f R~~c~~~~rr ~h:~ll hc ;.++nt .utd ~c'.~r:?1. ;.~pti.•n-. hc.~~i~.,_. ,,f t~;: j~:,r.~er.:rFT, ~~f rhi, \1~~r[z:ai< :~~r f~~r ~~,in~n~cn:r ~ml~ .~n~i :~rr n~~t tk u~cd 1~~ ~tt ~ j r.•t ,.r dc•tin: i.i,~n~ i<<.rr~~` la. ~oticc. F~~c;~: f:~r ,~rt~ n~~tii~ ~r.~~!irr~i ~ir..!~t :~~~;~+i..,F~"_• I:i~.~ h~ ~*iti~~~ .~n,~th~t m:iimcr. I:~I an~- ni~tic~ tn ~ il~,i~~~~.~rr i~r;~~iitr~l t~~: ~i, shi. \l~ ~:_;~L~ ~h.~{1 hr ~i~~;i F~~ nt:ii(in_ .sl.it n,~ti:~ h~ .~~ntit~i m.~it a~ldrr,•.~cl tu Rurrr~cer :tt ; t'ir Yr.~~nrt~ \.li~rr-. ~~r .~!~iT .~~it~ r ~~'<!r~•.. R~~rr,~•.i~r nt:r~ .Ir. _!,:air i~~. r~t~~i:r I c~~Jrr :i: ~~r,~ci~{,~I h~rrin. an~1 ~ +h• :nr. n.~t:ii S,~n,.'ir ,f~:iil h•: _•~~ri~ in c<<t~ti:•J ni:~t!. r.•i ~:n s_•:r~.•; ~r.i:,:,t~.i. 1 ri~,l~r. :id~i~r.~ <.t:~tr~1 hrr~in ~~r to ~ ~ : ~_h ~~•hr~ ad,~r_.. 1 ir~.l~•t ~[r.icr,,tc h~ rn~;i_~ t~ lS -r. .+rr y~:~~~~~1~•J `~~•r~~n \m n.~ti:r rr,•~•ic'~,I f.~r in thi~ 3 ~•*ts ,!i fi ii~~~u. ~rc , :r~ •..~•c 1 ~n.i:r ..i~ ~n :n . .1,. i::.~nnr- - - { 1 _r ~'ii ::~c~~ h: ~ .i' fic~ ~ ~li.t~.~t:~t«? hc•rc~tt~. ~ ~ O(~ftfOt ~111~}~:t~C: ~.fll~tffilll~~'~.:IN: tl`1CfJ~7l~71~. ~i)~~~ i~•~!)~ ,•t t.tUrt_':1_t` ~_.~Illhllli~ lltt!~.'•F471 :1~~i1';:.Itlh 1~~!" 1?:tl:~~l1l~ i :n~l ~~,~n-iciii~,r~:? .:,.r:.~ 1~ :~it4; !imitr.i •.:~na;i~v,~~. h~ ~~r:..t~:h~•r t,~ _."i,t;tntc a ~~~~ifrrm ~rcnrit~ in.+,~nm~nt ~~~cennk .~~al ~!,~tcrt~. lhi. ~lrrt~~:~:t ~h:~l! h:~ ~~~~ci•ritie~l h~ th~ I.i~+ ~~f t}~: iuri,:~~:li~~n •.~hi:'s~ th~ Pri~r~rt~ i. I~.,atr~i. in ihc ~ ~t~nt !l~.,t :~i,~ nn~:iti:,,n ~~r :C~;!~r ~~i thi. ~i~~rt_:i_~ ,~r !h~ \ ::~~~f'i:t. ~.~it!~ :~;~rii;.~E~1~ l.i~+ ,~r:h «fnfl::t .'i.~ll . ~~i :tlTccf ~~ihc'r ~~r:nni~~,•~ .~f t`~t. ~1~~ti_~.~~,i• ~~t !}tc• \~~i~' t~:~r.it h~ ~i~~c~ i•i},.! ~~i'h~ .:l *h~ c~~~~~1~.'it~_ ~r.ti;~i~•~ . ,~ml l~~ lhit '.~('~:i if,. 1'i~~~l,~.~;!• '~li t~i~f1L':1~. .~:i~~ i~~C ~~~If :Il~i .:~~:i'~iu l,.~ ~~~~t~,~4~~i. . i 16. B~?rrn~~~•r'~ ('up~. l3.~rr,~"c~ .h,:?! h: f~~rr.:.i~i.i _,,ni,~;:rc:i thr ~rti ..,~.t ,~f th:, ~f~~tt~_,~~_r at thr tintc ~~f ~~r::;ti.fn .~i~rr r~~.;~~d.:iii~n ~~rc~~f. . . i !7. 7~r.~n~frr uf thc {'rupert): :1~+oin~~tion. :ili ~r ::n~ ,,t rh~ Pr~~nert~ .,r .,r. ;nlcr~~r thrrcin i. id ~~r tran~f~rrcd ; . r~~ 13~vr~~~~rr ~,:th,~.,t I r~id~r'. t,r,.,r •.~rit~,~t c~~:~.r~~t ~..fi~~ii~!_ ~hr :rr_~ti,~n a lii,~ ~~r en.utnhr:~n:i ,uh~~r~iinat~ tr• , ~ ;lu. ~1~~rt_,~,•.•. ihr th~ ;rraLr.~ .;';~r.h:~~r s,i,v~:•t ~i,;.~"~ in'rrc•.t f.~r h~,~i.~'i.~f~1 a~~.~li:in:~~. fcl :i tr.~mfrr ht- ~ICt•isC. ~le,c~m ~,r I~~ ~~~,rr.~tr.~i~ I.~~.~ uE,n~: ;h~ .i:;~;?~ ,~t _ ~;t ?~,r..~n? ~~r t,?E ;hc :~r,uit .~tzr !r:~scir,>Id intcrest ~~t thrrr ~~:~r. rr It« :hV i~~~l1t<flf?If!L' ,ff? ~~f~li~.~r) r~:!f:}l.l.•.'. ~ t'I~i{i' "1.~`.. ,i? i ~f~~~~''., .~i,_~,Ifi :t~i I}li ?Illli~ 1i~Ufi o• u• r ~ . ' ! ' d h~ thi, ~t~,rt,.i,~ hc i i~~nir,ti:~tr~~. ~l;ir :,n~l ~~,~~;ihlr I~nd~r ,!;.~li h.~~,~ ...~:.:,i .,n~~,~c, t,~ :,:,~•Ic*.~t~ i~ rri~~r t,~ tF~ ~.~lc rr tr,tn~fcr. 1~n~lcr ; ` ; ;n.` thr ~r:.~ ~?h~~~,i thr P~~~~~~t~ i, t~~ hi• t:.~n.~~iri•.! ;~a.I~ .~_rc~~rn~nt in ~~ni!~~~~ tF:~t thc :rc~ti~ ~tif ~u~h ~cr~~m ; ~:~t;,f,~.t~~r~ t~~ t cr..i~r .,~~~I tf~.~c tl~r i: t~~r.•~t E~.~~.,hlr rh~ .~rirr~ .e~~3r~d '~c tfii, ~1~~rt_•:is~`•hall hc at c~!.h ra'r a~ Lrndcr j ~ tih.t1; ;c~~t!~•~L If 1 cn.lcr h:i. •.~ai~c~i th: :~~'n~~t .~_:c'~~t.~Ir ~~r,~~i~1r~f 't~ Ihi, ~~:~ta_f.~~h 1~. ant! i( R~~rr~~~tier~. ~UCCC~.oi in ;nterr,t ha. r~ecu?c~1 a~lrittcn .i~.tnnrti~~r, .~_rr~m~;~i :u:ir~tc~l ir. ~.~rir~~,~, h~ I rnJrr. I rn.ler ,hall r~lca.e B~~rr~~~~cr from all rhti~.,t~rn. un~lrr thi. \I.•rtc:~c~ ard tF~ \~~tc ` if 1 cndcr ~~~rii~~. .ti:h ~~~~tr~~n t~~ :~:«Irr,cre. ! crl:icr .h.~l~ r.t:~i! 8i~rrr:~~~r n~~Uc~~ ~~f :i:r~l~r.~ti~~n in :t,~~~nlanr~ ~;iih ,,ar:»;r.~~h 1-i h~r~,~i. tiu.h n~~ticr ~hail ~,r~+vi:1~• t~~ri,~~l rf n,~t I~•;. th:,n ?f) :I.~~, fr,~m thc d:~tr thr ni~tirc i: mailcd ~?ilfiin t~hiih B~xr~~~~cr m.~~ E,:,t thc ~~~m~ i1C.l:it,•.! ~I,tr. It R~~r~.+•.~~r I.iil~ tv F~::t ~u~h ,tttn. pri~~r t~~ Ih~ t~rir.+t!~~n rf tittih (xniK1. Lcn~icr m:~~.. •.~i~h~•ut fiirl4~rr n~~ti:r rr ,1rit;and ~•n ti,~rr~~~.tirr. u~t:,F.~ :in~ r~medi~, E•crmittt.l h~- ~.:ir.i~r,i~~h t~ h~r«~f. `n~-l'~iF~~k~t ('o~•F~~v1. B,,rri.~~er ;ir.~! I cn.lcr t~irthrr rr~cnant :~n~ aerec :i~ foll~~u~s: 18. :~rceleration; Remrdies. F.xcept :K pro~idcd in parrkraph 17 hereof, upon Borrowers b~each of an~~ co~-enaM or a~rrement oF Rorrower in ihis ~iort};aur, includin~ the cn~enants to pa} Khen due an~ cums cecured b~• this ltortRa~e. T,ender prior tu acceferalinn shall mai! notice t~ Borroxer as pro~ided in para~!r~pb ld hereoi specifcin~: (1) fhe breach; (2) the action reqoired to cure such breacb; (3) a date, not Ies. than 30 da~~ from the date the nutire is mailed to Borrower, b}~ µhich such breach must be cured: and (4) fh~t failure to core such bre•rch on or trefore Ihe date speci6ed in the notice may resulf in acceleration of Ihe sums sec~nd b~ thic ~tort~;a~e, forrcluwre b~ judicial proceedinK and wle of the Properh•. The notire st~all f+~rther inform BorroNer of the ri~ht to rcinst•rtc afler arcclcratiun and the ri~hl to a~ser! in the forecl~sure pr~ceedin~ the nnn-eristene•, of a default nr an~ nther deFener oi 8orrower to acceleration and foreclosure. if !he breach is not cured on nr before the date specified in the nutice, I.ender at Lender'~ option ma~ declare all of Ihe sum~ secured 6~~ thi. ~tort~;a~e to be immrdiateh due and ~a~able without furii~er demand and mac forcctusc this Sfort~:~~e by judicial proceedinA. I.ender shall be enfitled to c+?llect in si~ch proceedin~ all expemc~ uf foreclmun, includink, but nof limited to, reaconable attornev's fees, and costs of documentan~ e~~idence, abtitracts and tiQe reports. 19. BorroHer's Ri~ht to Reimtate. i~~taith~tandin_~ Lemi~r~. ;,~celrratirn ~~f the ~um~ ~ecure~i b} thic !~i~•rtgage. ~ Horrower sha(t have the n¢ht m h:~~•e :~m prc~~eedinti+ hc~un h~ 1_~nder s,~ enf<Tr~e th~. ~tnrtgace discontim~rd at an}• time ft P. . ~~~K28o p~~E 4g0 ~ - - _ _ . „ _ ~ .._.F _ ~ . C - . _ . - - k`-.j~.