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d. Insprction. t.ender ma>• make ur cause w be made reasunahte rntrirs u~~n and inspectioi:s uf ihe pruperty, prorided that l.endrr shall
Ki~r BorroN•er notice prior t~ any such inspection sprcifyinK rrason~-ble .ausr thrrefor related to l.ender's interrst in the Proprrty.
9. Condemnation. Thr prcx~reds of am• aw•urd or claim for dnmuges, direct ur cunsryurntial. in connecuun with any c~ndemuation oT
~ther talcing of the ampcrt~•, ~~r part therw,f, or fur cunvr>•ance in liru of eondemmtUon, um herrbp ~i+Yigncri and shxll br paid to lmndrr.
ln thr r~~ent uf a Wt:+l taking ~~f the I'roprri)'. the pnx~rds sha~~~ be <iPPI-ec1 ~u the sums securrd b>• this Nortkage, v-~th the excess, i[nn~.
paid w 13orruwer. l~ the event of a pariial t~~kinK ~~f the PropertY. unlr~s $onuw•rr and 1.~•nder otherwise uKrre in writing, there aha11 t-r
;~pplird to ihe sums ~ecured b}• th~s ~lortgakr such pro~~rtiun of the pr~x•c~rds as is equal to th~t pn~purtion which the amount of the sums
.c:vr~-d h>• this ~tort~;agr immrdiately prior tu the date of takinK txars G~ the fa-ir market ~•alue oithe 1'tuFert>' immrdiatrly prior tu thedate of
takinK. N~th the haian:r of the ~nx-ccKis paid to f3orruwer.
1 f the Pru}~rty is abandunrd b~• F3orrow-er, or if, ~tfte~ notice hy I.ender to Burruv-•er that the a~ndeennur uffers tu makr an award or settle a
,;ai;n fur ua:n<+Ke~, I~^c'N'e' fa-1~ to m:~fx~nd to Ixnder M•ithin :i0 dc-~ ~ after !he date such notice is mailyd, I.ender i~ authorizeci to collect and
,~pp1y the pnK~eeds. at I.en~er's option, either W resWratiun or ra~pair of the pruperty ur to the sums sErund i~p thi~ ~iurtK.iK~.
l'nir~s i.ender and f3~rruw'er otherwi~ 3Kree in writinK, an>• such aprlicaliun of proceeds to principal shall nut extend or post{x>ne thrdue
iate uf :he monthh• installmrnts rrfrrred tu in paraKr~~phs i and 'L herruf or ch:Fage the umount of such instullments.
'~~ Borrow-er \ot Heleased. F:~trn~i~~n uf the tim~• for pa>'m ~nt or m~xlifi~•:itiun ~~f aniurtiz.ition of the ~ums securcd b~• this ~1ortK.-Kt•
;-Tant~•d F>>• l.rndrr t~~ an~ ~uc'c~-~~~r in interr~t uf 1{~~rn~~ver ~hall nut uperate to rc~lc• -.e. ir. an~• m~-nnrr, ta~• liahilit~~ of the ~~riRinal Rorruw'rr
,n~ };,,n,~wrr'~ ~uccr~~~~r~ in interr.t. I~[~ndrr ~hall n~~t -n• n•yuinri t~~ a~mmenc~• pnK•ri~liuy;~ .+t;xin.t .uch succe.sor ~~r rrfnse tu extrnd timr
,r ~~..~ r.~rnt ~~r ~~lhrnvi:.• m~~dlic um~~rtit:~t~~:n ~~f thr ~um. s~Y•un•d h~~ thi~ ~1urtRa~;~• b~• rra:un ut cin)• drm:+nd mudr hy theuri~%in.ll }~UCfUNPr
:~,d i;~,r*,~~ee•i~ ~u~.r.~~~r~ in :ntrrr:t.
; Fort-earancr by I.endFr tiot a Hai~•er. an> fort,earance h~• Iw nder in rxerc~sinK :~n>' ri~:ht or remed>' hereunder, c~r otherw•isr
,:+~ ~rd~d h~- applicable la~+~, sh:sll nut 1x• a~•aiver uf ur prcY~lude thr exercisc• of a~y ~uch ri~;ht ur n•m~r1y. Thr pr~KUrrmrnt uf insurance ur the
;~.~~ mrnt ~~i taxrs ur uther ii-rns or chxrkes by (w~nder sh:-11 not t~r a K•ai~•er of I.~ nder's riKht to zcceler.ite thr maturit~ of thr indr6teaness
~h urrd t,~ this \1urtKaKe.
i_. Nemedies ('umalative. all rrmedi~s pr~~~•idt~d in :hic ~1urt};aKe are di,tinct .+nd cumulati~-e tu an~- othrr riKht ur remed}• under this
~l~~rt:•x~;r ~~r affurdrd b>' ?a~' or ryuity, and mxy b~ exerc~:r~1 ~~ncurrrntl~~, ~ndrprndentl~ ur successiti•eh•.
'::. ~UCCessors and :~ssi~ns E~und; Joint t~nd Sevrral l.iability; Captions• Th~ rn~'en:~nts anci a~;rcwmrnt. her~ in c~~rtaincd shull
r..n.?. :~nd t~:r ri~;ht~ hrrk•under shall inure tu. the• reapc~•ti~•e .uccc•sw,ra .~nd u.sikns of Iw•nder an~} }i~,rrower. subjrct tu ih ~pru~=i~ns uf
:.ir.iK-.~ph i.- hf•rev~f. ~ll cucrnants and a~rc~emrqt:: ~~f }i~~rn,~ser .hali tx j~~int and se~•t'rai. The c.+ptiuns and hr.idinKs of the iri ~ hs uf
-h.~ ~1~~rtk:i~:~- .+zr f~~r r+~~~~nirncc• nnl~• and :+re 6ut t~~ hc w~d to interpret ur de•fine the pru~-~siunti hereuf.
;\nticr. F:~~~e•~~t 2~~r an}~ nutu-r r~~~uimd unde•r:-pplicah~r IaK t~~ tx• ki~~a~ iin am~th ~r in:+nnrr. ~a~ ati~- n~~ticet~~ }t~~rr~~.~•r~ pr~~~-idt d f~~risi
;'•:~, ~l• ~: tfiaRr ~h:+t!'s~c- Ki~ rr. hy mailit~k ~u~•h ttuttcr ht• cert:fic~ mail •addre•st•~i tn tiurruw•er:~t the Propc•m• ~ddr'•~~ ur at ::uch other address as
;;.,r,:,~~, r In,it ,3c•,1Rt.:::; b}• n:~t~.•c• t>> Iw•ndrr as prc~~'~.icKi hrrrin, ai~d :1+i ctnt' nutice t~~ (w•nder sh:ill he• ki~~rn by rertifird m:~il. return receipt
--~; ;,,.-tt-~?_ :,, ie•.^.der~~ ;id<ir~•~s ~tatrd hf•rein or t~~ .uch uthrr addrrss as Ih~nder may dt•~iKn:ite b~• notice iu l~C~:ru~ce* ~ix provided herrin. An>•
:.;:, .• ,~rt,. i~rd fv. n thi~ \1~~rt~;:~Kr =h:~11 ~x• de~m.r! t~~ h~~~'r Fxti•n kecc•n t~~ f~~rr~~~.•~* yr 1.~•ndc•r ~~~her ~i~-en in the manner drs~~;natcd here~r.
:- l~nifurm~turtKaKe;Go~-ern:ngLaw;tirverrbilit>--~1'hi;f~~rm~~fm~~rtk.+Kec+~mF~ine~unifurni~Y~cenant~f~~rnatiunalu;randnun-
,`„r:•; ,•, ~•r._~nt- ~~ ith ;:m:t<~ ~~anati~~ns h~• juri~dictiun t~~ iy~nstitu[t• a un~t~~rm ~~n uritc instrumc•nt r~•~~ern~; rr:-1 pr~~prtt}-_ Thi. ~1urtKaKe
,~,!; '._~.t~~rncK! h~~ t;r ia~+ u2'h~• jun~d~ctiun in ~+~hich the {'ruprrt~- i~ LK•ut~d. i~ :h~•<•~ r~t •.hai an~• pr„~-i~;~,n ~~rclause uf thic ~lortgagevr
,• \~.t~• e••_:?~ic.~ L~ith .+p~~;~, .,`~1~~ l;.v. ~uch cuntlict :h:-tl nut afftr•i ~~thrr pnrvi~ion~ nf th~s tit~~rt~;:iKf' ~~r thr \~,tr which can t~r ti~~~en effect
+:tn~,at tnr r~~n;i;~~:in:: ,,nn:;i:~n. :end t~~ ihi~ rnd th~• pru~~.i~~n: ~+I thr \tuRka~;r :ind the \ute arr dcK~larrd tn Fk• •~~t•rahir.
;r; ~~rrow~er'~ ('op~. }~~rr~~~ez ~lu+ll br furnishcd a.•~~r.funncKi cY~p~' uf chr \~~t.• and ~~f thi:: \1~~rtg.iye at the time ~~f t~xecuUun ur aftrr
r•-~ urJ: t;~~ii hrrr+~f.
-. Transfer of the Yropert~ ;~~ss~!mption. if .+Il ++i cim part ~~f tht• I'ruperh- ~~r an interc•st then•in is ~~~i~i ~fr tr.insferred h>' Kunuw'c•r
-a ;th`~:vt I.~•ndrr : pn~~r ~vTittE•n c~~n~rnt. r~~•]udinK ~n ~ thc• crt•ai:~rn »f a lirn +~r e•ncumnr:tr.ce ~uh~~rdinxtr to thi. 11urt~aKe, ~h~ the rreati~rn ~~f <~
: uri~h.iw m~,ney ;r~•unt}• intt•r•:t fnr huuseh~~ld appli.iacr.. +~'~ ~- tranaf~~r hy ciecisr. d~ ~c•rnt e~r b~• o~eratir~n uf laa upun thr drath uf a}uint
~. nanf u- ;d ~ thc• ~:rant nf ~in~ lt•a~c•huld interc•~t uf thr«~- ~•~~ar~ ~~r !~•:s nnt c~~ntaininK an optiun tu pur:h.+se_ Iw~nder mci ~, at l.c~nder's option.
i.•. iarE• ali :nr ~ur..~ ~rcurc-i! h}- Lh3- ~t+~rt~:i~:~• tu t~c' immc•diatt•~~~ du~ and p.-S.ible. 1.~•nder shaU ha~~e w ai~-«i .uch upti~~n tu acceferste if, prior
-. th~• >.ile ~,r tran.frr. l.~•nder .inc? thf• ~•rn~ m i~ ~ w h~ ~m th~• !'r~ ~pert>' ~~ t~ ~ hc' ~~ ~Id ur tr.in~frrrc~i r~•ach .-Krremrnt in w•ritinK thxt ehe crcdit ~~f tiuch
_.~<~;n i, .at;.iar,~~•~ t~. ~..•ndc•r .in~1 th:~t th~• inti•rr•t y:+~ ahit• ~~n th~• ;u~n~ :~•curwl h~• thi. \i~ut-;.~y~r ~hall }~• at :uch ratc• a. Ixndrr ~hall
..yu~-~t IT Lri~~?.•r t~.~~ t..inr~3 *.h~• ~~pti~m t" acr.•irr.<«- pr„~ ~d~•~i in th~~ pan~kr.~F~h !,-. :ind if I~~~rru~~t~r'• :uccr;,~rr in ~ntrr~•st hx: exrcutc~cl a
::t!c-n .+•~ ump;:, ~n :,:~-re•rn:rn: :i~ ~ r{~te~ii i,i ~• nUn~; i~~ (~•mie•r. L~•ndrr ~h:+il rrlc•:t:t~ K::rr~~.. c-r fr~ ~m alI nhlikah~ m; un~it•r thi~ ~l~~rt-;ake ar.d the
~, t~.
If I.c~ndrr r~e-zr:•t•- ~~~ch "pti~,n t~~ :u ~ r:rr.ite•. !.~•r.~it~r ~h.~tt ma~! li~~r.~~~c~•r n~,tice ~~f arcelrr:~t~nn in ae•curd.+ncr with paraKraph i 1 hereof.
~~ h~~„t~i.,••h,,ll l~r~~~ i~:~ ;i {x•n~,~ ~~f n~~t lr~~ than i~~ ~i.~c~ fr~~m th~•d:+t.•th~• n,~ti~ r~~ n.nil~~i «~i*.hin whi~-t~ fi~~rr~,~t•r ma~• {~a~~ thesum~decl:~rcd
`i:;e~ I' I~~,r.•~:•rr f.iil. t~~ ~~.+~. :u~ h-u~r~~ pru~r t~, ti~~ e•~,,~*:~tu,n ~,f ;u~~l~ {:rri~•tl. Lrrnl.•r sn:+>. t.~eh~~ut furth~•r rn~ti~~r ur drmand ~,n l:~,rr~,~crr.
^~t~.i;r,+n~7~•me-~iir> prr;:utt~.l t~~ para~*rau~: :~ h~•sr~~f ,
]tt. _~cceleration; Remedies. h:xcept ac pro~•ided in parf~graph 17 hereof. u~n 8orrow•er's breach of xn~• ~~~'ent~nt or
aKreement o: BOC~ON'f'I' 1(1 I~I15 ~~01'1~,il~.f, including the co~'rnants to pa~~ w•hen due am• sums serured b~• this ~1ort~age. Lender
prior to acceleratio~ shall mail notice to Borrow•er ~ provid~•d in paragr~ph 14 herEV~f specifyinR:l l-the breach;l2lthe action
rc•yuired to cure such brraich: 131 a date, not Iess thAn 30 ~ta~•~ from the date the notice is mailed to Burro~a•er, b~~ w•hich 4LCh
'~rrach must t-c~ curecl: and 1•ll that failure to cure such breach ~~n or before the c!ate specified ~n the notice ma~ result in
.fi'C( Ieratian of the sum. secured hy this ~tortRa~;~~. foreclusure b~- judicial proceec3in~ and sale of the Property.The notice shxll
furthrr inform Korrv-w-er otthe ri~ht to rrinstate after acceleration xnd the right to assect in the foreclosure proceeding the
n~~n-~•xistence of a default or xn~• other defense uf Rurruw•er to aeceleration end toreclosure. If the breach is not cured on or
!x~for~• the date specified in thr nutice, i.ender flt Lender's option ma~• declare all of the sums securrd by ihic ~fortKaKr to be•
i mmt~ciiatrh due ard payable~ w-ithuut furtherde•mnnd and ma~~ foreclusethis Nortgage b~• judicial pr~~ceedin~. Lender shall t-e
. ntitlyd tu rollec•t in .uch pruce•~dinK all expens~w of fore~closure, includin~, but not limited tu, re:~+onable attorn~•>•'s fee~. and
~~~st• of documentary t•vidcnc~•, abstracts and titl~~ rcports.
':t+. f3rurow•er's NiQht to Keinstate. \~~t~-~thst.-nd~nK Ixnder~~ ac~ cieratiu~nf the ~um~secu.rd b>'this ~torx~aKe• i3orr"~"ershall hare
:nc• n~;ht t~~ h:i~ r an}• pr~K•<~•din~;s hc•t;un b~• I.ender t~~ enf~~n~e thi. ~1r~rt~xKP discuntinucr~ at an~ time prior t~ entn ~~f a ju~Kment enfi~rcin~
t~i5 ~1urt~aKr if: ~.i~ 1~~~rr.~N•c•r pa>•- I.rnder all •um~ s~~hich K~:~uld !~ then due unde- this ~1ort~aKe. !he \ote a~d nr~tr~ scKUrinK Futurc•
,1d~ anc~s. it ai~y. had nn s~celeraUun ~x'currc~c~. ~ h1 R~irruw~rr cures all brf•ache~ ~f an~• othereocenants or agreements of Fiurm~•er r-untaincd in
~hi~ ~t~~rt~::ikt~: ~ci H,~~rr~~N-er pa~. <+11 rea~~,n:ilile r~pen,rs incurred b>' I.ender in enforcinK the co~•enants and aKreements of Korn~w'er
.Y,nt~incd ~n thi. ~t~~rt~a~e and ir~ Fnfurcink l.ender's rrmedies x~ pnr~•ide~l in paraKraph 1 R hereof, includinR. but not l:mited to. reasonahle
.~tt~~rne~-'~ fre=: and ~<! ~ B. ~rr~ ~v~~er iake"uch acti~~n a, I.rnder m:~~~ rrasunabh• reyuirr tu assure that the lien of this ~lortKaKe. I.ender's interest
;n the Yrnperic <+r.d ii~ ~rr~ ~wer~~ ~~hliKatinn tu pa~~ the ~um~ ~trurEY1 h~- this ~lorttiaKe shall cont~nue unimpaired. t'pan such pa~•ment and cure
ti:- }~~rruwNr. thi~ ~1urt~.+~;e :~nd the nbliKatiuns secureci hereb>' sh.~ll rrmain in full forcr and effect as if n~ accelerxtion had occur:ed.
'i ~~ssignment ot Kents: appointment ot Necei~ er. As ad~iit~una~l securit~- hereLnder. Borrnwer hereb>• as,~igns to l.ender the rents
~f the Yr~~prrt~~. pro~•idrd that F~~rr~~w~rr.hall, priur to acreleratiun under paraRraph I H herc~~f or abandunment ~f the I'rupem . hatie the riKht
!n cnlic•ct and retain such rrn~ti ac thec t~cume due and pa~able.
L pc,n acceleration under paraKraph 1R hereof or abandunment ~.f the F'ropert~. I.ender shall be entitlcrl to ha~•e a recei~er appointed by a
:uurt to enter upun, take pus.ses.~ion of and rnanaKP the E'rupert~• and to cullect the rents of the Yropert>~. inciudinK thuse past due. All rents
._ ~,liecud h~• the receiv~~r sh~~ll be apaiied first to pa~•ment of the r3sts of manaKement of the Yropem• :~nd nrllectiun of rents, including, but not
i~mited t~~. recei~ er's fee~. premiums un receiver's honds and reasunable att~~rne>•'s fee~, and then to the sum. secured by this ~iort~aKe. The
rf-cei~er sha:l he liahlr tu accti~unt unly f~~r thux ren~~ aetuall~• recei~-ed.
~:'.x35i t~~,~ 420