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S. l~tios. Is~dK m,1- mak~ o: auw b b~ m~ ~won~bb ~atria~ upoa and in~p~ction~ ott1~ y~op~rty. P~ovided Wat lwod~ ~h~l1
~iw BoRVw~ ootio~ Peia b W wd- insD~ction ~p~dbriet ee~onabM auM tMnta~ nlated to La~dR's iaterat ia d~ Pe~op~t~r.
A Cced~oadoa.'1!w pooNd~ of aa~- ~w~d a~ ci~im fos damase~. direct o~ uon~epwatial, ia ooan~tioa ~tb aqq oood~moation a
otMr taido~ d eh~ pop~y. a~ p~t tLwro[. or tcr oonw~aao~ ia ti~a ot ooad~mnatioa. aer b~nby aMi~wd and ~hall M paid Lo Iwad~.
Io t~ wrnt ot a 1oh1 takio~ ct t!w Pe~opRt,~r. tl~ woad~ ~hall b~ appli~d to ti~ wnw Mcund by thi~ 1[atsa~ wi W tbe
paid w Bon~owrt. In t~ ~nat d a predal tatin~ oi tbt Pevp~rt~r. nniw Bae~ow~ aad I.end~ otM~wiM ~0~• it W.
appL'd 1o t~ ~amr Ne~d b~ thi~ Ma~ap soch p~opastion d tlw p~oa~d~ ~ u nal to tbat ~~ ia writlnt. th~ ~hall b~
~V pe~opostioa Mhich th~ amount ot t6s ~uo~
~d b!- tl~ ya~i~ i~m~iat~- Rio~ to fb~ dab d takins bwes m th~ ta~ mark~t valw orth~ ProqrtY immediaWy prior to t1~ dat~ ot
taldot. with tbt b~lana a~ t6~ peoa~d~ p~id b Harow~.
If ~ Propaqr i~ abandoo~d b~r Haeow~. a i~ aMr noeioe b~r I.~nds to Hoerowr~ that ttM owudemaor oQa~ to mak~ an award os NtW a
dai~ b~ d~my~ Boerowr~ fails to s~ond b L~nd~r witbis 30 dqn ~it~ the daa sucb nodo~ iu maii~d. Le~d~ b aut6ori~d ~o oalbet ~ad
~apb t~ ~tooNds. at Iwnd~r'• optioo. ~it~ ~ rMtor~tion o~ npais ot t~ propRqr or to tb~ ~nm~ Ncared by thia Mart~~
Unlw LodR aod Hoee~ ot~wiN yt+~ ia w~itini. ao~- wch ~pplicatioa of peocyed~ eo principal ~hall aot ~tend o~ po~tpon~ tM dw
daa d tb. mooehb- iadal}m~nt~ reL~rd eo in pan~r.ph. l aad Z b.nof or chanp th. amount ot.nch in.Wimenb.
la Boee~ow-er Not Eielea~ed: Estaaeioa d t~e time tor psymant a~ moditicatioa of amortiution of tbe ~nms ~scnred by tl~i~ Moits~
~r.nr~.d by La~d.~ w an~- •tioo...or ia in~er.a ot Borro..a aha11 noc op.ra~e ~o rele..e. in any ma~ne~. the liabiliqr oi the oriQinal Hor:~ower
and Baerowu'~ woos»as in iatawt Iwad~r ~h~ll aot b~ req~ured to o~mmenoe Prooeedin~s ~ain~t ~nch ~uoce~or or rsfws to estend time
for paymmt or otherwi~e modi~- ~ma~tisation oltbe sum~ ~ec~red by this MatQ+~e bi- reawn of any demand made by the a~iad Boarrower
and Ho~rowR'~ snoceMO» in iut~rest. ' . ~
11. Foebe~rano~ b~ I.end~r Nd a ~f-d~~r. An~r iorbar~nce by Lendar in ~aasin~ +mY r~h~ a nmedY heraander. or othuwiN
aRaded b~ applieabl~ law, a6~11 eot be a waiwe of or psclude tbe Qerci~e oi any ~neh ri~bt a~ remedy.lLe p:ocur~ment of in~nraaw o~ th~
paYm~t oi tazes a~ othR Wo~ or char~e~ by I~~ sball aot be a wiire= oi I.end~~r ri~ht to aoce~ate t2u maeurity oi the iad~b~ednew
~ecured b~ ebis llatsan.
12 Be~edie~ Gl~saladw. All r~dies pe~o~ided in this Matsa~e ~re di~tinct and cumolativa to any other risht oe semedy nader tbi~
Mortran ot alrad~l b~r law or ~Qoiq. aod ma,p b tt~rciMrl aoncorreatly. indepaade~dy or snooMSivel,y.
13 8uooswoes ~od I-Kip~ Eo~d: Joint and 8e.er~1 Liabilitp; Caption~. T6e oovenaAb and a~raeme~b herein oontain4d duU
bind. and the ri~hts l~e:etinde~ ~hall iaar~ to. t6e rerpectiw snooeaor~ aad a~n~ ot Iwadrr and Borro~ret. ~nbject to the peovi~doa~ at
para~r~pb 17 ~+eo~ Ail ooveoaab and asree~t~ ot Borrowe~ ~hall be joint and wee:al.'Ib~ c~ptiau and 6e~din~ of the para~raph~ et
thia Ma~a`e are for oo~r~aieno~ a~r aud ar~ not ~o be wed to interpcet ar d~En~ t~ yeovirioa~ bereot.
14. Nodoe. Eseept fo: aay nodo~ reqaieed unda applicabk law to be ~ivea in aaother manne~. (y aty- notice to Botrower provided fa~ in
thii ltoct~a~e shall be pvea by ma~in~ soch notioe b~r ~ed mail ~ddreNed W Bae~owez at the Property Addra~ or at ~uch othe~ addrew ~u
Borrower may ddi~nate bl- aotioe W I.endes ~s provided h~in. snd (b) aay aotice to I.eadat ~hail be ~ivaa by oerti5ed mail. return reoeipt
*e4o~ted. to Lsnder's sd~dnw stated b~ein o~ w soeh oth~ adde~ew u Leader may dui~nate by notioe to Horrower a~ provided hareia. Any
notioe pcovided tor ia thi~ Mat~a~e ~ball be de~med to have beea ~ivea to Borrower or Leader whea ~ivea in the manna~ deti~naLed he:ein.
15. Uniform ltorts~~ Gorerdn~ Lwr. Se~renbilit~-.'lbi~ form of ma:t~~e oombine~ nai[~m ooveaeat~ for national n~s and non-
uaifocm oovmanb with timited v~riatioas b~- jmi~d'ution to oonWitnee a unifo~rm ~ecnrity inrtrumeat ooverin~ rsal property.'t'hia Mort~+~s
shall be ~m~erned by obe law oitl~e jasisdiction in which tbe Prope~Ry u located. In the eveat that any provision or clao~e of this Mart~aQs a~
the Nos. aooti~ ~ritb applicable law, ~nch oonttict shall aat aSect other provision~ oi thia Mo~a~e or the Note whicb can bs ~ive~ etfed
,vit6out t6e ao~ilictins pevvisan. aad to thia end the provision~ ot the Mort~a~e ~nd the Note ara declared b be ~sv~able.
16~ Borrower'~ Copy. Boaowa ~hall be fnrnisbed ~ ooniormed papy of the Note ~nd of tbir Mort~ase at tbe time of ezecatioa or aiter
~~ ~ ~~~~ ~ R ~ ;~
17. 'handee ot the don. Ii all any part of the Property oz an interert therein i~ wM or tran~ferred by Borrower
.ritboat I.emders prie~ weittai oon~eat, eicindin~ (a) the aeati~ of a liea o~ encnmbrance aabocdinate to tLi~ M~a~e, (b) tbe creation of a
Pnnhaae mooeY ~ecurity interest for h~oid appliaooe~, (c) a tsandar by devi~e, de~osnt or by operation of !aw apon tbe death of a jaint
uaaat ar (d) tbe p~ant of anp ka~eboid iatenst ot thne yean or k~s not oont~inin~ an optioa to pnrcha~e, Lead~ may. at L~-dee'~ option,
daclare all t6e rums ~ec~ren bp thia Ma~a~e to be immediately dne and payable. Lender shall have waived tach option to acoelerate if, prioz
w the ~ale e~ orandrr. I.eader ~ad tbe pason to wham the Pt+ope:ty is w be ~oW or draiuferced resch a~reemsnt in wrritia~ thet tbe rredit of ~uch
P~ ~~ariatactory to I.eader and tbat the iaterest psyable on the ~u~n~ .enired by this Most~a~e ~hall be at snch rate a~ L,ender ~hall
reqaat. Ii Leader ba~ waived the option w aooelerate qrovided in this paraQraph 17, aad if Borrowd~.~uooe~w: in intesest ha~ ezecueed a
writtea arnmption a~reemeat aooepted in w-riting by Lender, Leader st~all ydease Borrowez firom all obligedons under thu Mort~aQe and the
\ ote.
If Laider Qe:cise~ snch option w accde:ats. Lende~ shalI mail Borrower notics of aoceleration in aooordance with Pare~raPh l4 heraoL
Such notice ahall provide a periad of not lws than 30 dsys ~om the date the notice iu ~ailed within which Borrower may pay the snms declared
due. I! BorrowQ {~ ~ pay. ~~ w~ ~~ ~~e e:piration of such periQd, I,ender may, writhont furtha aotice or deanand on Borrowret,
invoke aay remedies prsmitted by paragraoh 18 hereot
18- Aooeleratba: Remedie~- Pa[tept a~ provided in para~raph 17 6ereot, npon Borrorver'~ breac6 ot aqy oovenant or
a,~reememt ot 8orrow~er in t6is Mortsa~e. inclndins t6e ooveaants w pa~ wrh~ due aap snms secnred br thi~ 1[ort~ase. Lendsr
prbr to aece4ratiou ~hall mail noti~e to Borrow-er ~ provided in patasrap614 hereof ~pedtyin~: (1) t6e breac6; (2) the adion
reqnired to aise a~ br~ac~ t3) a date, aot le~s t6aa 30 da,ys trom the date the notkx b mailed to Borrower. bp w+hich ~ac6
breacb an~t be Wred; and (4) that tailnre to c~ae such bnac~ on or befon the daea ~peciBed ia the nodoe may sewlt !n
aooeleratbn of tLe wms ~ecnred by t6L Mortsate. foreclowre by jndicial prooeedlnt aad ~ale of the Property. The notice ~hall
furtber inlorm Borro~ver ot t6e rl~ht to reinstate aRer accelerattoa and the ri~t to a~~ert in tbe foreclowre prooeediu~ the
non-e:iNenoe of a defanlt or any ot~er deteose ot Barrowrer w acceleration and toreclowre. Ii tbe breach i~ not enred on or
betore the date sped8ed in the notioe. I.ender at Leader'~ option may declare all ot the wm~ secared by thb Mort~~e to be
immediately due and payable ~vit6out fnrtherdemsnd and may toreclose thi~ ~lort~a~e by judicial proceedin~. Lender ~hall be
e°tiued W oopect in ~acl~ Proo~d~t all e:penses otforeclosnre, includins. but not limited to, reasonable attorney'~ fees. and
oosis ot doeumentar~r evidence. ab~trart~ and title reports.
19. Borrnwe:'~ Bi~t w Reinstate. Notwrithst:nding I.eades's aocekration of the ~ums ~ecured by this Mort~+~e. Borrorver ~hall have
the ri~ht to have any Deooeedin~s be~un bY [.ender to eatoroe this Martgage discoatianed at any time prio~ to eatry of a jud~meat enforcin~
shis Mo~ase i~ ta) Bor~vwer Peri Lmda aU ~ums which wouW be th~ dne under this MortQeBe. t6e Note and note~ ~scnrin~ F4tars
Advanoa. if any. had ao aecderatioa occare+ed: (b) Bormwer cIIrea all breaches of any othrr covenants or aareemeata of Borrower wntained in
this Mort;a~e: (c) Bor~a..er p~~n all rra~onabk ~spenses incurred by Y~ender in eaforcing the aovenants and a~reement~ of Borrower
o~ntained in thi~ blart~sse aad io eafoeicing I.eader'~ ~emediea a~ provided in paragraph 18 hereof, incladin~, bnt not limited Lo, eeuonabb
atto~aer's feer, and ldl Ba:rowa take~ wch adion as Lesder may rea~a~aWy reqaire to arnre that the lien of ttu~ Mo~t6a~e.I.eader'~ interert
in tbe Peoperty and Boreower's u~!:~ation to pay the suiau eecvred by this Mortgage ~hall continne nnimyaired. Upon ~ach paymeat and core
bY Borrowa. ~i. l~o~a~e and ~he obli~ations .avred hereby shall Kmain in full toroe and dtect as if no aooeler.don had oocarred.
20. As~isn'ent of Reota; Appointment ot Recriver. A~ additionel secnrity herennder. Borrower hertby as~igns to Lender the renta
of the Propertf, pcovided that Bor:ower shall, prio~ w aooekration under paragraph 18 hereof ar nbandonmwt of the ,
to oolted and retain ~och ieat~ as tbey beaome due and payable. ~P~Y havetheright
Upa~ aoodention under para~rwph 18 bereof or abar-donment of the Pro~erty, Lender shall be entided to have a reaeiver appoiated by a
oourt to wternpon. take po~se~aioo ot and manage ehe Property and to ooUect the rait~ ot tbe Property, incladia~ tha~e put deu. AU reata
rnllected by the receivu ~hall be apptied 6»t to paymcat of the owb of mana~emeat of the Property and oollection of renta, inclndin~, but not
Waif~ed to. receivds feer, premiam~ on reodver's bonds and reasonable attoroey i feeo, and thm to the ~~wu ~ecvred by thi~ Mwrt~a~a'!be
receiva ~hall be liab{e to aoo~ount only for tlwre rea4 actually reoaved.
s.~~4? P~~21~
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