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rn.itv~, tttntrn agrrrntrnt +.r ;Ippll,ahle LI.t If+•nt+ttrs ,hall ha) Utr :um•unt t,f :111 nnatea~r in••ut,ut,r prentiun;, ht tltr
m.,nnt•r I,1•+tuk•i under i~:uaelaph heret,l
•\m :unta;nt, +li,hutx•ti ht' I rndrr Ian,uant t+• Ihi, par.,Lt,,ph «:Ih +tttrrr,t thrre.at. ,hall ht•;+aur .aldltitvt;ll
in.kh'r+lnr„ ••f It.+t r.+ttrr ,r:urrtl h\ thl, \Itatcagr I nlr„ Itnn++,trr .utJ 1 rn,lt•t .,,Ire t•+ t,thrr Iran, ut ~ a\ntrnt. ,urh
.Int••lnn, ,h•,II I,t• patahlr nl,,al nn!i,r tr+an 1 rndrr It,~tr•ntrt reartt•,tinc {+.,tnn•nt thrn•••t.:uttl ,h.tll h, .u inh•re,t fr+~m Ihr•
d.Itr Ut dl,I,III,CniCnl :Il Ihr (:Ill- (~,\.,I,It• tr++llt lllltr Ilnte ~+It t,lll\I:1ltlhnL' pllrt:lp;ll :In(ler Ihr ~+~tl• Iltlll.•„ pat•Ittenl of
intrr.,t ,It ,a:h sett ttuuld hr iuntrar\ t+• appli:ahlr tart. m :thi;h eeem ,urh :umauth ,h;111 I?l•1r interest et the hiehr,t rdr
prrmis\ihlr under a}~ph~ahlr lath \,Hhing t•tattaincd to thl, I,aracr:y,h 7 ,hall require I ender lu inclrr an\ e\pen,e t,r take
.ult~ artic,n hrrrurider
tt. Inspection. 1 ender neat make +v ~:u~,r tt, hr made rra,tatahlr rntrir, up+,n and in,priti,,n, t,f the Pr.ga•rt~•. pet+tidrd
th.11 I ruder ,hall ~itr R•+rnnsrr mui:r I,rity h, :utt ,urh in,ikrtiun ,het:ifying rra\+atahle :auu• Iherrt+•r rrl:Irt•d t„ Lender's
uttrlr,I m the 1'n+prrt\.
9. Condcnmation. •Ihr is+•.rcd, +,f .ut\ att.lyd ul rLlim ft,r d;unacr,. tlire:t +.r rtanryurnhal. in iunne:ti+at with :Im'
:andrmnati+at rr t+ther takutz .+1 the I'n~l,rrh•. t,t part thrrr+~f. t,r ft+r r+altr\.Inie in lira t,f .++ndrnutaiitat.:Irr hrreh\ :I„iencd
and ,hall hr p:lid tt+ I rndrr. ~
In tlu e\ent t,f a tta:d takinL .~f the Yrt~prrt\. the pr+,~erd, ,h;dl (x• al,I,lirJ h~ the ,ant, ,e:ured h\• thi•. \tt~rtgaee.
,tith the r\:r,,. if am•. p:Iid n, Rtan•ttrr In the tutor I,f a partial rlkine t~f tt~e 1'n,ncrtt. Imle,, Rl,rrutser and 1 rndrr
+,Ihenti,r egret in ttrihn~. thrrr ,hall-l,e applied t+~ th; ,um, ,r~ured M thi. \tllttiagr ,n:l? pr+•p++ni+at +~f the prut:eed,
ac i\ eau.d In That pr.+p+,rti+~tl tthiih the antuunt t,f Ihr ,not, ,r~urrd h\ Ihi, \t„rt~a±•r inuttrdi:Itrlt lau•r n, the date t,f
Taking hr.u~ h+thr fair m:ukrt talus td• Ihr 1'rt,pen~ nnntrtli:Itett psi+,r tt, the date t,f ?aking. with the I,,d:utcr Ilf the prt>,•ecd\
paid t., &~rn,tser.
If the Prt+pcrh• i, :Ihandncm.i h\ K+,rmtter. +~r if. .,ltrr m•tiie L\ 1 rndrr t+~ &,rn~srr ?h;d the r~ndemnt,r rlTrrs tt, make
an attard ++r .rltle .I .laim f+~r t1:Int:,_•r,. R.•rrt+wrr fail, t.. •r,l,.•nd t.+ I seder ttithin to dat, :Iftrr the d.,tr ,n,h m•tirr i+
mauled. Lender i.:uphttri/ed a, rt+llert and applt the pr+>irrdc. at 1 rndrr'. uptil,n. tither tt, re,lrr:?Iitat .a repair t,f the
I'nq,rn~ .,r 1+• Ihr cunt, ,r:ured ht Ihi, \1t,neaer.
l'nle., (cudrr and Bt,rmttrr ttthrnt•i,r egret in ttritin~•.:ut\ .u:h ;yq,ti.ati+a, I,f pn~reed. t+~ prin.-i}+.II ,hall n+,l evend
ur pt„tp,atr the due .late ++f the nu~nthh intt;lllntrnh refrrrrd tt, in p:Iragr.Il~h, 1 and ' heret,f •,r rh:ul~•e the am+aint I,f
\uch in.t:dlntcnt\.
10. Borrower \ot Released. 1'\trn\it,n ttf the tints f+~r patmrnt I,r m+xlifi;ati+at t+f :unt,rti/atit,n t,f the Bunn \e~ured
M• thl. '.11t~rt_•a~•e enntrd ht' 1 ender t„ ant- wr~e,v,r nI intrrr,t +11 Bt•rrrttrr ,hall nt,t tq,rrate tl, relra,e. in an\ ?nanner.
Ihr G;Ihllin t,t the Iai~_in;Il Rt,rnnter :uul R.~rrt,urr•, ,ll.rr,,,.r, in inlrre,t. 1 en+lcr .hall nl,t he rrtluirrd h• rt~mmcnre
pl+~:rrdln_? :IL'.Ilrl,t ,ltlh ?IIi~C"t,r t+f fefll,r It, l•\lend Iirnr ftY p:IClttl•Ill t,f l,lherttl,r nt„dlf\' :1m+~rll/:III++n t~f Ihr tillmC
,e:ured hr thi, \tt~rtgage hr rea,.,n +~1 :ut\ den?:utd m;ldr ht the +~ri•_inal It+,rn,tmr ,ut.1 Brrn,tcer'. weir„rr, in interest
I1. Forhearance M• Lender \ot a Kaiser. \rtt f++rht•ar;arts ht (rndrr in e\rrt r,ln_• ;utt ri~•ht ,~r rcntrdt hrreundrr. t,r
.•thrnci,e .Iti+,rdeJ h\ ;Ippliclhlr late. ,hall nl+t hr a realists :•s .•r preriude the r\erci,e .~f ant ,u,h ri_•ht ++r rcmedt.
fhr pm:urrment of imur:ut.r t,r the p;l\ntrnt of t:I\r, +,r +,thrr fern, .a ;bergs, h\ I rndrr ,h:Ill not I,e tt:,i.rr +•f 1 ender',
right t+~ ar:rlrr.Ite the nrlturitt +,f the indehn•dnr„ ,r:urrd h\ thi, \1t,rtc:ILr
12. Rcmcdicc ('emulative. All rem~.lir, pr+~:ulrtl in thi, ~turtgage art di,tint't anti cunnll:dit•r k~ ::m •~thrr ricfit ter
rrlttrd\ lllldrr 1h1? ,I,,rlg.Igr t+r :1IT+Vdrll h\~ tart +,r rtI1111\. ,,ntl m:1\ I,r l•\l.•r~l,ed ~+Iniurrentl\. indepcndrntlt ,[li~r"1\'rl,-.
1 i. tiucccswrsrnd :1»igns Bountl: Joint and Se+~*ra) Liabilih: ('aption+. Ihr rt•trn:?nh :Ind •I>•rrrmrnt, hrrcin
;,ntl:unrd ,hall hind..nul the ri_•ht, hereunder ,h:dl inure t+•. the rr,pe:tite ulrce„ur, and a\,in, rf I ender :old 13,~rn,t+rr.
,abject tt~ the pn•ti,it~n, r( par:Igr.Iph f? here+~l ~\II :,,t'rn;uth :u1J :It•rermrut, +,f Rurnntrr ,hall F,e i+•int :uul ,rectal
The c:Il•h+~n, .uni hra+irm_, ,,f the par.Igr:Iph, t+f Ihi. ~lurtgagr art f+~r ~tatt•enirn.e ta?h- :ntl arc net t•+ hr u,ed tt,
uttrrprrt +,r define the prlttt,i++n, herct•f.
1~1. \utice. F\:rltt fl~r :utt• nrUce reynired under apt+licahle I:nt t+• h. git•rn in any+thrr manner. r:u ;un• rit,ticc t~
Bt•rrt+t+rr nn•\Lird ft~l In thi. ~it~rtgagr shall he ~,i\rn ht ntailin4_ ,u:h n.+trcr ht ~rrtitirt! mail addrr„rd tI, Rt,rrt„+er at
' the Pr,+prrtt :Wdre,~ .,r ;I? ,uch t,thcr addre" a, B++r r.•ttrr etas dr,i~•n;,tr h, rn•ti~r t+• 1 rndrr pn~ti+trtl herein. :md
I Ihr :un nrtt:r to I ender ,hall I,e enen ht t'ertiiird nt.ui. rrtunt rr_r~{•; rrtlur,tr.l. t.• I rn+hr•, addrr\, ctatrd herein ter to
~ ,nth ,uhrr adder„ 1 rndrr man dr,ignate ht n.ui_r t++ B+~rr,•ttrr a, (,r.~•.ldr+l herein \nt n++ti~r pr,,t•idrd tt+r in this
\7,v:;~.Igr ,h.Il1 fir tlkesnrd t+~ bane been ~~itra to Bt,fr,••.tcr ter I rr:drr •.,hcn into in the m:Inner dc,ien:drd herein.
f (5. l~nifnrm ~1orY~!a>~e: Gn~ernin~ LaN: Se+erabilih. lhl. !,,rm .,t nu,rt~•a~•r _,•Inhinr, rlnift,rm ,,,,rnanl, tl~r n:,ut,nal
lnr :InJ rn•n unif.am :,•trn;Ins, t:ith !inrtr,l tariatit•r, „ f;, ti, at t.• ~,+:,titutr ;1 unit. rm ,r.lirit\ in,tnnnrttt t ,t•ering
! t I I•rr„+ t
real prt,prrn. lhl, \Lat,•:,gr ,h:Ill hr ~_tarntrd ht the I;,tt .,f the iuri„!1,?,.m :;t :thi.•Il the Pn,prrh t~ h,.:drd. let the
ecrnt that ales' pn,t•i,r•m +•r clall,r t,f thi, \Inrt~zagr .•r the \,ar ~,•ntli;t, Stith apldi~ahltt I:Itt. ,ugh .tatthct ,hall nt/t attest
+~thrr iv+~tt,i,m, +,f tlii, ~1++rtg;IZr .•r the ~+~h• t+hl,h ::ut hr _nrn rRr.t •.+i•h+•nt Ihr amtL.ting ~r+~ti,i+at. aunt tt+ this
end the pt+~tt,i+at, +~t ?hr \lrrtg:l_r and Ihr \•qr :Ire .Ir:Lurd t+• hr ,rt'erah!r-
I 16. Born?wer's Cups,. Rt,rnntrs ,t,ali hr fllrn~.hr+i ~.•nt••nnrd :++i~t the \+~tr .utd +,f thi, \1+,rtgagr at the time
~+t e\rittli+,n +~r assts rrrt~tdallun hrrc++f.
17. 't'ramfcr of the Pn?perty: 1~snmptiun. It :Ili rr {,,ut ,+t the Pn,prrtc +•r :,n intrre\t therein i, ,+~IJ Ihr Iran\fcrred
h\ Ht,rn,ttrr •.+ith+,nt 1 rndrr•, pn,,r ttnttra ;,,n,rn?. r~.rlutlin,• :hr crrati+,n +,f a lien t,r en.•umhran.x ,uht~nhnatc tt,
~ thl, ~1rr+ga~tc. Ihr the .station t,f .I pur:h.,,r nn+nr, ~r:+uttt nttrn,t t.+r h+al,eht,hi appliance,. t,t :I trunfer ht• dcvisr.
dc,cent ,•r ht „prratitut +,f lat. up+•n Ihr +Ir:Ith +•t .I i••nrt trn:ult rt 1+11 the tr:utt +•i anc iracehnld interrtt t,f tltrre cean t,r Ict\
nt,t c.,ntaining an <+pti+m t+~ pn.rh;I\r. I rndrr m.,t..,t I rndrr-- ••p?l~•n. dr.larr ail the wm, \e:urrd h\ this ~tt,rtgaec tI, he
unnlriGatrh :hte and patahlr 1 rndrr ,hall bans •.t.,;crti ,n;h .+pti+at t~• arcrlcralr if. prier h+ the .ale t,r trtn+fcr. I.rnder
utd the prr,t+n n, tthl•m the Pn•prrn i, tt• hr ,+,ld .•r trut,trrrrd rc,I:h .,,•rrrntrns In ttntntg that the credit t,f wih pcr\t,n
,:Iti,fa:n~n a. I en+irr and that Ihr intrn,t pat.,hlr nn the ,llm, ~r;ured h, this \tl,rtzage +hall he at tn:h rate a\ Lender
,hall ret!!sr,t. If I ender ha, w:n\ed the I,pti:+n t„ ar~clrrate pm\ided in Ihi, p.lraeraph 17. and if BI•rrtnver•, uteeesst,r in '
K
rntt•re,t he, r\erutetl a tvrinrn :Iti,umpu++n aerrrment arrrpted in ttririrg ht' 1 ender. Lender tih:dl relea,e Rnrr.ntrr from all
1 .+hligaUt,n, under thi\ ~tl,rlg:ILe and the tit,te.
If I ender r\erii,r, ,nth t+ptital t+• ar:elcr;,tr. I rndrr ,h.Iil m,,il B,~rn,t+er n+Hirr I,f acceleration in :Irrl,nlanre With
p;lr•Igraph IJ hereof. Such nutlce ,hall pruvldr e l,rr;rd +•f rn•t Ir+, than 211 da\, fn,m the date the notice i\ mailed within
uhic:I $orrot?rr mat It the ,ante de.larr.l due It R~•n~+~•.~•: feil, 'o ,urh „lm, riot tt-: the e\ trltion of ,uch rit,d.
p• 1 • p p• I1e
ender m:I\. ttithnttt f?Irthr: notice or demand on Itorn•urr. ulcokr ant rrntcdie, pernttttr.l ht' paragraph IS hereof.
1nV-('\111?k\( Ct?t'F\+tiTti. 13ormwer :Ind 1 ender tt?rther cuvcnant and a¢ree as follows-
18. Acceleration: Remedies. Except a< pmcided in paragraph 17 hereof, upon Borrowers breach of an}• covenant or
agreement of Borrower in this-Mortgage, including the covenants to pad when due am~ sums secured by this Mortgage, Lender
prior to acceleration shall mail nMice to Borrower as provided in paragraph 14 hereof specifying: (1) the breach; 12) the action
required to cure such breach: (31 a date, not less than i0 days from the date the notice is mailed to Borrower, by which such
`sf breach must be cured: and 141 that failure to cure such breach on or before the dale specified in the notice may result in
~ acceleration of the sums secured M' this ~tnrtgage, foreclosure by judicial proceeding and sale of the Property. 771e notice
shall further inform Borrower of the right to reinstate after acceleration and the right to assert in the foreclosure proceeding
~ the non-existence of a default or any other defense of Borrower to acceleration and foreclosure. if the breach is not cured on
ur before the date specified in the notice. Lender at Lender's option may declare all of the sums secured by this Mortgage to be
immediate)}• due-and payable without further demand and may foreclose this Mortgage by judicial proceeding. Lender shall
be entitled to collect in such proceeding all expenses of foreclosure. including, but not limited to, reasonable attorney's fees.
and costs of documentary evidence. abstracts and title reports.
19. Bormwer'r Right to Reinstate. Notwith\tanding I.ender•\ at:eclcraUtsrt of the sums secured bt,• this Mortgage.
Horrower shat! have the right to have am pnneedmgs he_un h\ Lender to enforce Ihi. Mortgage dlscontinucd at any time
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~ BG~K 343 F~~E 379