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HomeMy WebLinkAbout0645 i ~.n,i~ . ~~r.ti~n .~~n•rnt.nt ~~i .~r~~i:,.~l•!r I,,~~y uy?~c~..~i~.~li ~~4{~t~ .~m, ~int „t ,~ll ni~•ti~.~__r ;i~.iu.~n.~• E~ri•iniuiu. in tlir i~~.~n~;,-r ~ • ~~:J::i ui•.lrt ~ .i:.~L~.i~ih hr?~ul~ r ~ ~ . . ~n~ .~:.~.~:in;. ~"r~4~ :t~r~~ h~ ~ i•n.1~1 ~~ut.~~.~nt I~~ ih~~ F~.if n!t.~~~f~ ''.~.•I, .~ili?i~f ihi•li~~n. ~I~.il{ hr~.~ni: :~~1~liti~~n:~~ rtl~~C~~li~~~li'., ~~1 ~{~~Il.~l\i: ~iillii'l~ }!1~. ~~,~f~1.~L'. ~ '1~~'.. ~3~~1: ~`.~•.'r .~Ii~) ~ "t1~~i ~ .r':CC 1~~ ~~l~lt'1 ll'f'll~ ~~I ~~.~`,~Illl'lll. ~U~FI 0 f .~n~~~~inl. ~h.~ll hr ...~~.~hlr u{',~n n,~ti. ~ fr. 1•_•t~,iri t,~ Ii „~.~c~ iiy.•r.~in~ j~. ~ rrt• t~hrtS~~E: dl?l~ ~h:tll l~:.~t ir.trtr,t frrnt Ihi• ,t.~tr .li.hni~~•ntrnt :i! th: r.~tr ~~.~~.,?~Ir ,,n~ ?itn~• i~~ t~mr .~n .uutit.~n:line {,i,,,:i~~:il urd~r th~ \~~li unlc.• {•:l~•ntcnt c~( int~rr.t .it ~u:h ~::1: ,~,~u!J hr ..~ntr.~r~ .~~,,,t~.:~hlr 1.~~~. ui ~.hi.h ~~rnt .uih .~m ~nn1. tih:ifl h~.~r ~nt~ra,t at Ihr hiih~.t ratc n~rr.i~.tihlr ;imlrr .~t~~~li~.~hl. I.~~. \,~t1~in~_ ~~~nt.~inc~1 in fhi. ~~.u:~.r:~E~h ?.h:ill rry~rr~ 1 rntlrr t~~ in~ur :~n~ ~~~x;n.~ ~~r takc ~n~• a.! rn Mr~rundcr. ti. In+pcclion. 1 rn~lrr ni:~~ ni.~l.~ ~u..~u~e tr h~ rn:ulr ii•:n~~n:~h~~• rntrir. if~•,~n .~nd ~n.~~r.-h.~n. ~~i thr Pr:~~~ri~y. rn•~i~ir~i th.it I rn~1~f ~h.ill ~~t~ $i~tii~~.~~ nul~«• }~fi~~r lu .~ti~' ~u~h im.~~e~~•:~n .~~~:il~uit~ l~.~~~~n:?Mi' i:~~~ti~ thcrc'.•r ?~L~ti•J f~~ I Cndcr'~ ~I'lili~l t~l (~lt' ~~f~~~~~fl\'. . 9. ('ondemn•atiun. Thr prr~rcd? ~~t :111~' :IN:1fC1 i~i :~a~m i.~r .!.~ma~r.. ,lircii rr r~,n.r~~ucnti~l. in :~~nnc:tic~n Nith :~m~ :.~nJrmn.~ti~~ir ~~r •~t`irr ta{~in~ .~f ~hr Pr,.E,rn~ ~,r na~t th:~r.~f. ~~r t~~r ~~~nvr~:~n.r ~n IKa cnnd~mnation. .~rr hrrrh~• :~..icn~d .~n.l ,1:.~11 hc ~~a~d t~, I cndrr. ln thr c~cti! t~f :i ~~~I:?1 Ia{,in~ i~f th~ Prc~rrn~~. th~ r~,•:~r~lc .h;tll t+~ ;~~~~~lie~l G~ tht ~tim~ ~«~irid M Ihi~ \1nrtF;~C~. ~~ith thr z~c~.~. if am•. ~~.rd tr R~~rrr~~rr. In thc r~~rM c~f :i p:~~ti.~l r.~F,ir.,~ thc i'r~,txrt~ ,i~l«~ f3~~rn~~~r• :~nd I.cnJcr .~th~n~i.r agrrr in ~~ritii~_. !hr-~ .h:~ll h.• a~~piii~l ti~ thr .umc .c:un~l h~ ?hi, \I,~rtc:iur ,u.•h ;~r~~~+~+~ti~~n ,~1 thr E~r+krrdc .~t i. tyt~.~l t~~ th:it n~,~r~~rt~:,n ~~hi:h th~ :uu~~~ut~ .~f th~ tum~ .~:urrJ h~ Ih ~\1~~rt~ iti~e i~~ini~~.liat~l~~ ~~n~~r t.~ Ihr d:itc nf t:~kine F?~:?r. to th~ fair markrt ~:~lur ot thr ProExrt~ ~mmcdiatcl~ ~+n~•r 1~• th< <I:ur ~•f t:~~.in~. ~.iih ihc hal:mrr ~•f thr ~~rckre~lc ~~:u.i t~, Burro~cr. 11 lhe Yn~~rt~ i~ .~h;indc~ncJ h~ B~~rrr~?rr. ~i if_ aftrr n~~tirr hr 1 rn~lrr I~~ R~~r;~~~~r~ thal thr ri~ndemn~~r ~~fTrre tt~ make ~n .iw:~rd uttlr a rlain~ 'c~r ~::~~t.~,r.. B•~rr~~~~•cr fa~l. t~• rr•~•~n.l I~• t r:uirr ~~ith~n ~1~ ~i;i~~ :~ftrr thr .iat~ w:h .u,ti:~• ic m.ulcil. :.r~.lr~ i~ aulh~ri~~d u~ r~~llert anJ ap~,h- ~h~ ~rc~~~~~d.. ,:~i I~nJ~r'. u~,ti~,n. ~ithc~. ec~tora~i~,n ~~r rr~.~ir „f thc Pr~,~,:r~~ rr t~• thr ~um..~:nrr~1 h~ tLi. ~i~~:t_~:~ge . ('n!r.. 1 rml~~: :~nd B~~rr.,~~rr r!h~~~~i.r acr~~ n~~ritin•~ :,M`li~:h a{~~~li.:i?i,~n ~ f Ezt.~:«~1. t,~ r~ir.:in.il .h.Jt n~~I ~~trn.i ,.i ~t~~~tE~~~n.• t~;~ ilur .1.~t~ c~f utc m, nthl~ i:t,t.illil~~•nn r~fr~r.•J i~~ ;~.ir~~~ranh~ !+nd hrriri .~r ~h:ui_~: th~ ant~~nnt rf .,~rh ~n~t:~llm~nh 10. Rorro~?er \ut Rclr~~rd !'~trn,i~~n ~f ~hr timr f,~r ~~:~t r.~rn! ,~r fm~~lifi~:~ri:•,• ,•2 :un.~rti~ati~~n ~,f thr .um. ~riurcd h~' Ih~, \1~~•t~,.:z.• erantrd h~ 1 rrnlei t~~ an.~ ~i :ic..u: in intrrr.t ~~t R~~rtu~.~rr ~h.all ~i~,t ,~~~~r:~tr tn r~ii:~c~. in am~ mannrr. !~ll' ~I:;~~'~il\ iFl~ I~fi••lll.l~ {3:~fli~'.+t`~ :t~ll~ fl~~~l~~l\~f~~ \lfi:t'~~:~f~ Ili Iflh..'fi~I. ~ ~n~~Cl ~F`;~~~ R~`t ht R~~lutt'~~ 1~~ it~lll~lll'11Ct (~'.~CCtt~~If~Y? :~C.- :1~I ?Ul~l ~IIi~C~~I~I i~l" f~l!hl' 1~~ lCl~tl~~ IIIIIC ~t~f ~~:1\~I~1Ct)f ~~f ~~ltll'f.~l~i Rl(4~1f\' am~~rtii:ll~~~I1 i~( thr cums .i_ur«1 thi. ~1i~r1,'a~~ h~ r~:i.~+n i~f .i~~~' .~im:~n~1 m:~dr i•~ Ihr ~~r~,•,.e.il It~r.~•~~~rr au,.~ I~orr~.~c.r', ~tti:i~.~~r~ inl~re~l. 11. Nurbc•rrancc b~ I.cndcr \ot a~?~•ri.er. f,,rF.~:,~an~r h~ 1 rnclrr ir. c~c+,~•i~~ ~:r~~. ~i,•ht ,~r rrm~~l~ }~.~rr~in~lrr. ~~r ~!h~•rw•i.~ :~fT:,tdr~i h~ a~pf::~Mc t:t~~. ~h.eil n,~t I,r a~~;~i~rr ~~i rr ~~C.lii~l~ lh~ ~~:r,i.r r~ :~ne .u.h rishl ~~r r~!nCd~ fh~.• ~:~kt~rrm;nt ~,f in,ur:in~r c~r thr ~.a~nu~it ~~1 ~~r uthrr lirn..,r _h;~rg~. h. I rn:t~r .h.ill not In •.t:u~rr ~~f I ~n.kr'~ ri_•hc t~~ ar.-~t~r.~tc thr maturin .~f thc indrhtr~lnr•• •~::~~~•(1 M th~. \1~~n~_a!~r 12. Rem.•dies ('~unulaliv~. All r~mc~i~r. ~r~~~i~l~d in thi. \I ~r!_•;t~~c :~r. •.li:tin:t anil cuntul:iti~•~ t~~ .:~n rthi•r ~i~~ht cme-1~ ~inckr th~• 11rt:s.i~~_ ~ r a~T~a~1rJ laa ~~~lui;~ ,~r.i ria~ ik ~~crri.r„ _~~r~urr.•~Ih incl~~knckn;?~ •n.__i••i~r!~ 11. Succe.cun and ~~~i~m Boi~nd: Jnint :mtl tic~rral I.iabilih; ('rption.. ~i hr <<~~r::ant, and .i~r.•rmrnt~ hcrcin .~~n~:~:nc~i .hall his?.i. Ih~ ri~_ht. hrrcu~idc- .h:~!I in,~rr tr. ?h~• rr.;•c.t:~c :~~i~l a„i_~m .~f 1 rn.lrr .u~~1 Rnrmti~er. ~,ihir.t ti~ th~ ~~~,,~i •~~n. ~.~t ~~:ir:~~_r:iph i ~ hrt~t~f. :\!I ~.~~~.n:~i~~. .in,i ,i_~rrntrnt. R,~r•.~~~rr .h:~l! hc !,~iut :u~d .r~cr,~l. 1-h,. :.~~ti~~r. ~ll'.l.Zif:~~ .~t itll ~~:1~.!_i:~(~}h i~R l~lh ~}~~fl~d~_~' :1fC C~~17C1'ii:C11~C ~~IIT\ :tll~l :!(i' (l~~! h' f~C It~t'l~ t(~ 'e'ir{~rrl .~t ~1~Rth l.i~ !`r~~c;~l~~+l~ i;CfC.=f l~l. \ulicc. F~~er? f.~r :~nc nu•i~~ r~yt!irrd iii~~l~~r :i~~E,t:_:~i-'~ 1.~:~ h,~ Li~i•t~ t~ ar~~ilFli•f manner. fal :~i~~~ ni~[icc t~~ 1~~~!r~,~~~•r }`r~~~:.1ii' '.~~t n thi. ~1~,rI,:~~_e ~h.~ll ha ei<<n h~. ni.ii!i~• ~.r..~t ~t,~lii~ f•~ ~•r~;fi,~~i .,~i~i«.,:i1 t~~ Bur:;~u~r .?1 !!,r Pn~F,rrt~ 1.ii'.: , . a• ,~~iF ,+ih;r .~~!:',r.•., K~,rr~ ~.~.r ~,~.r ,1i~~•.~r:~ti h~. ~::r I .~~~i~r .i; ~~r.~~i.lr~1 hrr~in. anii ~ .un r~,~I~:: i r~~,!~•r ,h.~l! ~~~~~i~ h~ ~rrt~fi.•.I nt.::l. •rt,ir:~ ~~:r~,•t :~~~~:~~~1:.1. t;• I i~n,'~t', ad~ir~~. :t eI~•d hrr~iit ~~r to ~ .h .,iiir: :~d~?•r,~. . 1 rnd~~ ni,~~ ~i~,iEt~.~te ht rn~': r 1~~ ti,~~:, a• ; .:.1:•.1 '~,r_:., in~ m•ti._• ~r,~ci~1r:~ f,,r in thi~ ~ '.1.,•~_,~er ~h:s11 '~r ~lr.ni:cl ~ ~ F~.rr h~rn ~~itrr~ 1~~ R~~:r ~.~.r ~~r ~ .r~.i~~ .,t~,,i _ , th: :n.~nnc~ .i~~i~~n:~tcil hrrrin. . S 15. l~nifurm 1lnrttat;c• Gu~crninL I.aN• Sc~~•r:ihilil•. :4 . n1,~r;_~a_,• ,~nZh~r~r, ~:nif.~rm :~~~•r•~:int~ ti~,r n.~tic.n:il ~ :sn~i r~ ~u-;:~:it~~:! . ,,~r:~::.:~. .,:Ih I~nlit~~) ~:fri:~li~~t.. ~ur~.~t ,,..~n i~, ~-,i!~::Uii~_ ti :~~~~!e~rm ~i;~!rilt imtr~~fi~~~iY i~n~finj~ ~ . _ :i }~n~Ekrt~'. I~hi. \i~~rt~~,i_r ~h.~li ht ^r~rrnc'i1 h~ Ihr I.~~~ !!tr ~~~s~~,+r.U:~n , •.~l:i;'~ t};r Prnprrl~ Ir~.~tcd In thc ~ • , _~:~nt th:~f .~n~ ;•r~~~~~~~n ~•t il:~;;•: ~~f tlii~ \1~~r~,.~~~ ,~r •hi \:~ti ,i~t~l~t_:~ •.~ill~ :~I~t•li:.+hl~• f.~~~ •.i.h <<~nflirt .h_•li ^~~t afT~rl . ,•I~ICt {'l~~t~~t.•t~~ ~•~f •~•i• »~•r{~•;IL': .~T eili' ~~~I: ~~fl:~til :.U1 _ '.ii~ ~;~C.' ~~l~~I~~~t( f~1C ..~t~ll'.t111Z (~R~t~l.l~~tl :tllt~ 1}11S ~ ,~~~,i ~1..: ~~C~~t~il+~ti? ~~1 '~l;' ~~.`fl~!.1~.._ .~Iii7 [Fll' ~i~1~' ..!i .'_.~.ir~'~1 : •.t' ~~:I~~ii - ~ 16. Rurru~~cr'~ ('up~. Br;r•,u,_•; ,h ~li r•,_ l~~r~~~.}, . ..~nt,~n~ir,l th: \~~tc ,~f thi, \t~~rt ~ag~ :iI tht timr ; r•<<~;li~,•. ~~r e;r,~r :r•.,~nlati„n hrr~~~f. i7. 1r:~n~icr nf Ihc {'rupcrlJ: t~~umptiun. I~ ..P ~~r ~~t ?h~ P~,~rrrt~ :~n intr~r,r tt,crcin i~ .,•fd :,r Iran.fcrred 13~~rr~~~.rr ~..,~ii~~~it 1:nJ~r'~ ~+r~.~~ ~~~i~tc i .~~i~.rnt ~•..lu•.ini_ thc .~c.~~i~~;~ ,r '.i;~• .~r ~n:umhran~~• ~uh~~nl:nat~ tr \~~vl~~,~,'c. 'i~t tr,~ it~:~it~„~ ~e1 a f'~'r:h.~.r ~n.~n,... ~.u~~ . ~niiri.t !~~i h~~~i~rl~,~i~1 :iP~~li.~;l:.~. ~.:1 tr:~it~lrr h~ ~1e~~is~. ~ .ir~«n! ~~n c~ ~~F~rc,ili~~n ~~f l.,~~ i~4i~m t;it .i::ith trnani ~~r ~itr _r:rit .:n~ !r.~~i h~~icl intrre.t ~~t Ihric ~••e~, ~u 1C~ti ~ .~t _~~nt:~ininz an ~~rti~~n t~~ rur:h:t<~~. 1 ~•if~'.•i r.i.i~. .it i _n~fri~~ ~~{~u:,~.. ,1r.i.~rr ,~!I !hr ~un;. ~~:~i;~~~1 h~ th~~ \1~~rt~a~:r t~~ tx ~ n•.~n~,l~.it~h dti~• :~rul {~:i•..~hl~. 1 .niir; ,l, ~l! t~:r,: :,:~:~r.l ~~~,t~~~n .i:.rl~~.~t: if. ;~r~~•r tn ti~~ ..:I~ tr.inef~r. I rn~ler ~ iR.~ titC ~~~t~~•*i t~~ ttft~~~tl Il~i• Pr~~~tii•r~•, i. hi• L',u?~!i'ri.~ ri.i:~i .i,]i"«'tt:i~tt !~t ~~tt?in_~ t}t:il :~~i :ft~~it .~f ,urh ~kr.~,n a~. ~:tlt~!:til~~f\ 1~~ ~!'11.~CI :lll(~ I~l.i` illC Illfi.'i.I f~:l'..n~ii ~~1: Sf•~~ •.ii`~.~ •~'~~It~l~ f`\ :}'•1• »~~(l_':1L1' ~t~:,:i hc :~t ?Ilifl f:lll :l~ 1 rndcr ~ .h.~ll rryur~l. If I ~n~let t~;ii~::i thr ~+{~ti,~n e,:~1~r.~'r pn•~iJr~1 ~hi. ~.ir.~~r:i~h 1?. :~ni1 if I;,~rn~~~er', ~ucc~tiu~r in . :n!~r~til i;.n r~crut~~l ~+nltcn .s:.~iin~ti~~n .icrrrnlrnt :~:.~E~tr~i in ~~ntn~ t,~ I rn.Err. I~n~t~r ,h:~ll rclr:i~e Brrm«rr front al1 ~ ,~hli~at,~~n~ un~lrr thi. ~t~,rtt.~~;r ~nd thr \~~tc. ~ l'lll~l'f l\l'fII~C~ ?R:FI ~~~If~~f? I~~ :t:~i{l'iJtC. ~ ill~~il ~il:t~~ Ill;tl~ H1~(f~~'.\~! 11UU:t' ~~E .~C:l'~Cf:i11~~f1 Ifl :li:t~(l~:lfl~i \\'II~I ~ i,ara~raE,l: IJ hrrc~,f. S~~~h n„u:~ ,h.~ll ~xrvutc c~rri~~.i ~,i n~,! 4r~• th:ui 2(1 ~le•:. fr~~nt thc cLi~r Ihc n<~ti:c i: mailcd ~+ithin ~ ,.~hi~h B~•r•~,~~cr m:ic F~:~c the ,~nn. clu l.,<<.1 ~liir It R,~r~.~«<~r ~.~~1. ~,a~ ,~~.h ,~~m. rrin~ t~~ thr .~pir.~tirr ~~f .u:h rrr~ud. ~ I~n~lir m:~~. «ith~~ut furtfirr n~•ti.r ~,r ~i~:n.~nd ~~ii li,~rn~~~rr. ~n~~~l.~ .~n~ n•ntcdir, E~~;nutlr:i h~ F~ar:~tira~h hcrci~f. ` ti~~-l~x~tntc~~ (~irrt~~~Iti. R~rmH~r ~nd I rnder furthcr c~~~~nant and agrce .is f~ll~,ws~ 18. Acceleration: Remediec. F.~cept :a pro~ided in paraKraph 17 hereof, upun Borrowers breach of am co~enant or :~rrement of BorroNer in this ~furt~ake, includin}~ Ihe co~enanfc tn pa~ when due enc sumti secured by thic 11ort~aRe. I.ender ~ prior fo acceleration shall mail notice to Borrower a~ pn?~ided in paraRraph 14 hereof specif)in~;: (1) fhe breach: 12) the action = required to cure cuch breach: (3) a date, not les~ Ihan 30 da~ti from Ihe dale the notice is mailed tn Borrower, b~ which such breach muct be rured: and (4) that failure to core such breach on or 1?efore the date specified in the notice may result in acceleration nf Ihe sums cecured b} Ihiti ~1orlRa~e, foreclutiure bc judicial pmceedinR and ,ale of the Prupert~~. 7'he notice shall further inform Borruwer of thc rikht to reinstate after acceleratiun and the riRht to acsert in the foreclasure proceedin~; - Ihe noo-exi~tenc•. of a default or •rn~ other defense of Rorruw•er to acieleration and foreclosure. If fhe breach is nnf cured on = or before th~ date specified in the notice, Lender at Lrnder's opfion ma~ declare all of the Sunis secured b}• thic ~iort~~~e to be - immediateh• due and pa~able Nilhout further demaud and ma~ foreclose this ~tortka~e b}• judicial proceedinR. Lender shalt be entiNed to collect in tuch proceedin~ all expenses of forcclo~ure, includinR, but not limited to. reau~nable attorne~~'s fees. and costs of documentarv evidence, atntracls and Ii11e reports. s~~ 19. Borrowers Ri~ht to Reinstate. \~~tHith~t:mdine 1_en.t~r'. accrlrratu~n nf the ~umti ucureJ h~• this ~tortgage. Borrower shall ha~~e the right to h.ive am pnx:eedings hcLUn h~ l ender t~T cnf~~rcc thi, ~lnrtgage diticontinued at am~ time - - ~ ~t~ ° ~ 2~ fi43 = ao~