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: c>•~.ir~ ~ :.r~llcr!~ ,i~;!rc•~~ ~rr~t . .~G~~;i~;_a!~ c• .f •. ~: .. .;.~r~~ ;h.11~ G;dy !~ c. ~fmc~::nt O! ~!I e';+r~'~~~fi)~'in~~r~nccr ;:,r•, ,~, , n i~.e
rt~.in!~~E~i u~t~~i:1r.U l.n~~ei G,,~~:~yr~~.h ? riercJ~ -
Ar:y ,ftnvu'~IS iliSbu~Sc'~J t)y Le~iJc~r Fiu~SUerli tG 'hiS p~r~yr,i~r• i :~ith ifltf~re~r N~~•!e(:n SI'~~til t~t~Cuntt~ ~fUc~~L,~!;;f.
~nilebleclneSS ul Burruvrdr ~eCUreV t~y th~S ti~lurtg:iye Un,e~s Burru.:~r ar.d Lencfer ~iyier. ?ci c~ther I2rmS ut p~iyrngr~t 5uc.n
~~muunts snau be ~~yat~~F u~un n~t~~e trom Lenelet to Burrv:~er rtc#uf•s!~ng ~ayment tncreu' anU shdu U~:ar ~nter~;sl Irorn tr,e
cldie 01 ~1!sbu!Serncn~ ~~1 •.hE~ tdti' uifydU[@ 1fUfT1 l~fllf' 10 !~me on uulsta~~dmg pnncipai Ufl(1Nt the Note ur~c,•ss ;~a~~rnent at
~nterest at such ratr ~vc,uid ~e Cunlldry tU ~ip~!~C~.iVle I~fw ~n whiCh Evcni :,uch amounts sn~,~ t~ear,nterest at t~~r ~~~gnest r~r.e
Uermissit>>e unUe~ appi~cabii= ~~w (~;oTh~n_y COntdme~f in!hiS pa!a.~r;~ph 7 Sh~lll ~@q~iir~ ~ender to inCU~ any ~x~ense or ?~~~
,~ny aCliVn hereuntlet.
8. Inap~ction. Len~er r^a} m~~f.e or causcr',o Ue f~ldilE,' [f'dSUfl~biQ @MIIeS U(JUf1 dn(~ ~~15{JtC1tOi~S Ci1 lflt ~!U(1~~!y
pruv~ded!hal Lf-,l~d@~ Shall 9i~e HOrrUwr~ ~u1iCE p~i~i tv any SuCh ~+~spect~on s~ec~i~~ny r~~~sc,nable c:d~S~ int;ietor !e'atE~cf «~
! e:ic]p.r s mter~$t m tFle Property
~. ~ont~emna~ipn. The ~~oCee~:s ot ~iny ,iv,drC2 ur c'<iim !o! C:amayes. d~rect cr consey~ent~~: ~n cunnectcun wiTh 3r~y
condemnation or oingr (ak~ng ut the Property or parl t!~erei,t or tor i:onveyarice ~n I~eu ot Condemn~t,on -~eree,y ~ss~y~~ec]
~inil shaii t~~ ~d+d tO.L"er~iler
in the event ot a Cota! tak~ny ot the Pi;:~~erty. the pioceeds s!~ali Ue cp~~ie~ to the Sums securecf by th~s Mcrtyage
~v~th the excess, ~f any pa~d to Bo~ro.ver In !he event oi e parl~a~ taK~ng of the Property un~ess Borror~er an~ len~er
~ utr~e-w~se agree ~n wr~t~ny. there shai~ be appt:ed to tne sums se~u~ed c~y th~s Mo~tgage sucn p-oport~~n of tne prucrea~.
as ~s equai t0 iha( proptirhOn .vhiCh the amou'1l ot th@ SumS SeCU-ed bv th~s Mortgage ~mmed~ateiy pnor to !he date u+
tak~ng bears to the ta~r market v,,:ue :;t the Pro~eri~ ~mmed~ately pnur to the date ot tak~ng w~th the ba~ance o1 tr~e proceeus
na.d to t-~e Borrower
It tne Pro~e-ty ~s abandoned by Bo-rower o~ ~t atter nohce by Lender to Borrovre~ that tne condemnor olfers to make
~rl dtiYd/tl Of sett~e a cia~m tor ~am~c3es Borruv.er ta~+s to respond tu lendar vr~th~r, 30 days afte+ tne date such noGCe ~s
ma~ied Len~ler ~s author~zed to c~!iect and apply tne proceeds at LenUer s ophon e~ther to restorahon or reUa~r of ?he
Pro;~ert, c;r •~~ rnt sums secure~7 Uy th~s Mo-tyage
Untt~s ~ert:2e~ dnC2 B~~rr„r.e~ othervrtSe dyreE ,n .•.ntiny drry SuCh dp~liCahOn pf ~rOCeedS iG~ pnnC~pa! Shdii nG! extE~n!1
or pustpone tr~e due date o' ~~E' ~1O~~tr~y inStd~if"t'!~?S ~eterrec~ ro ~n paray+aphs i and 2 hereot or ct~ange the amount ot
SuCh mstatimenis
1 O. Borrower Not Released. E Y'.enson ot the t~me to~ payment or modit~caUOn ot amort~zahon ot the sums ~ecu+eU
c~•,• tms ',lortgaye yranted t3y LenUer to any successor ~n ~nterest of Bo~ro•.:er shall not operate to release ~n any manner
thc !i~3bi!~iy u~ lht Ot~~inu, BOfrOV1Et anc2 Bonpr.~r S SuCCeS5o~5 in ir[Qr@S( ~enc]er ;hai~ not Ge requ~~ed to commence
proceeci~nys r~ya~nst sucr~ sc,ccesscr o~ ref~se ~o extend ?~me tor payment cr otherw~se mo~~ty amert~2at~on ot tne sums
secureU by !h~s Mortyaye by reason o' ary c:emand made b, tne or~y~nal Borrower and Borro:ver s successors :n ~nterest
11. Fdrbearance by Len'der Not a Waivef. Any tort~earance by Lender in exerc~sing any r~gnt or remedy !~ereunc~er
C~~ u'ner::~se atforc;eo u~ aup::;dt~~E' ~a:: St~3!1 !!Ot De d~:ld~ver r~t pr p~E?C!uCe the exerc~;e ot any sucr: n~hl Ot remedy
?he prpc~,e'ntnt oi•+nsG~ance or;he N~,ymen± o` ?axes or utnNr ~~ens or Charges oy Le~~der Shd~~ not be d.ra~ver of Lender s
r:g~t te ac~e~erate ~he maturrty of tne ~~deb,e~r~ess secure~ by th~; Mortgaye .
12. Remedies Cumulative. .~•' remecl~es prov;ded ~n th~s Mortgage are d~sunct ar,ci cumu!at~ve [O dny O!hEr r~yn~ ~r
remedy ~nder m~s M~rty~3ge o~ afto+ese~ t~y ~av: or equ~ty iincl !ray be exerc~sed concurrenUy ;nde~encient!y or Success;ve+~
13. Successors and Assigns Bound; Joint and Several Liabiliry; Captions. The co;ena~;s ancs ay~eemen~s
'?E.!Etr' CU^t~3i!~e:l ~hd ~ U~n'~. ~in~J ':!`e '~C~h•.S hEtc~•L!1C~E:! Shd~~ ~~~Ufe t0 ihe respec!~~e ~uCCe.`.SO/5 d'1(3 355~~~`S ~J~
Le^JE'r ~i~d ~O~rpwe~ SUL;N!'f 1': !he G)rJ'nS!;jRS:~t pd'~1C3'<ipr, t' herect ~~! co'.'enants ana agreemen!s of Bor%ewe~ shan be
,;~~nt anu;r~.e~~i! Tr~e ca~:hc.~ns and nea~~~nys ot ;ne paragra~nc ~t t~~s ~~Ao~tyaye are tor coven,ence on~y~ anr, are not to oe
USE'd ~O ~'~~F'!~'et Uf ~Eft!lE ihe ~J.•u'vi~fOnS !~e~EUi
14. Notice. E rce~;T t!j~ ~fly fl:i(~! E ~4'Q:::!e~~ ~~l(~e' dpp~iCab:f' 'd~•: to Ge y~ven in anolhei R1iirlne~. i3) any f1G':~Ce !G
Bp'r~;ti•f~r a+U_;,VeV fQf in ?n;5 Dfpr?C~aC~t Shd~~ bfr C3~.'~n by IT'd~!~'1C~ ~UC~~ •~c.~t~ce by ce~i~f~ed ma~l adUressed i0 BO~fOVre- at
ine pf0~lerty i+ddre55 ur a! sucr oth~r address as Borrower may aesignate t~y notice to Lender as prov~cled he~em ard
:b; ary n~~~~ce to ~er.des ~~ai~ ~e given c;y ;:ert~!~e~: rra~~ return rece~p: requestecl. to Lender s address stated here~n or to
~::Ct1 GT:'~er adc~ress c3~ Lt'^der.may ~~eSicJ,!dtE b'y ~lO1tCB'O BU~~QW@T es pro,~ded here~n Any not~ce prov~ded ~o! trl IhiS
Me~tyage gha~; be deemed tf~ ~ave Leen q„en t~; Bo~ro~:rer or LenUe~ wher g~:-en ~~ the !~'~anner designafec: nere~n
15. Uniform Mortgage; Governing Law; Severability. T!~~s f~1~m ~+ m;;rtyage comb~nes u~:~ferT core^ant~ ?~,r
' . ' . . -~ . . ~ . . • ... . .. . .... .~~. . • ..-_a' . . .. ~.~(r-~tiC..~,. !~.. . ~'I~~11Ci(t~i1Ut?;}.;~' , --' .',~ . _ '" •
' . . ~ . :] _..:t- . ' . . . . ~ . ~7.. .. w ~.5:. ~ ~ . .... 'li i.3~. ~ ;jl' .:f.1f:., ;1.:~ 1~. Ih(•. . .... ~}'. . ' .~ . .
~~.i~• , . . , .~' . .. . , .. ~~~ ...... .. _ . ' . . ~ '~~'<~I-i ~~ .f:, . .f}~-'IC'~i~ ,/~... , ~' ~. ' ' ~.1-. :~' ; ~ . .. •
~ ..t' .. . . " . . . • . . • . " . . ' . . . . , . ., . .. ~ . , . .. . ,o.. r .. . ~ _ . ~ ' ~. '~' . . , ' ..
. . . ~ . .. . ' ' ~ .. . . ~ ~ . ' . . ~ ' . . . • •' .. ' . .. . ~ , . . • . . . . . ' , t ' . ~ . . _ . . .
16. BD«OWerg l~~py' a~.~~iJ:JtG~ ~~~~c1~~ ii~' v('?15~1~'.~ d~.C;r17J~fTC`i _ i~:,~ ,~f f~~E ~~~JtE c1!l:~ ~} i"IS ~~'~J'`~Qc1~3~ d~ TII~•' ~`{-
'x ~ _ . . Uf d:'E" '~C J'::c'. : ". he~~Gt
17. Transter oithe Property; Assumption. It ~~ o.• <3fty ~a/? O~'h~,' P10pe1?y G~ e~l'!:iC~C'S? t.'~~~E'i'• ;S SO~d U~ i!d!?~'Et~'eCS
.~r . ~.tn,. r µ,i~; - t... 'rr,.~ ~.~.~1~F'I'1 f~„ri - i tri rH-!i !1 O4 I '1 (? (!~JrcfflCe S::G:.i! if?~ 1~' `.(i
.,. :.C .. .... L C' ~'i~:J .,J _ uC: ~1C~ ~.d! E' C d O 8~e O~ G CU d.3
•n;5 ~v1t~ !l~(~e .. ~!le_ ~re~?~~!~ J` Ei Gi. C'~3S@ money ~ec~r~ty :nIe+est ?~r hGUSeno:d aJPi~anCeS. ~.. d~!~!15f@f O~ Cje'.~~@
.t ~C"'1? ~' G'1 ~~:e',ihU^ Of `dY: .:Uv« ~~~~ ~;ea?'~ ot a;u~ni tenant or ;d~ ,he g~ant r~f any :easeho'd iniCfeSt o! ?r,ree yea~s or iCSS
1~~' r~;n';~~nir::~ Jn %;+)'tGtl'(~ (;i:'_'io':E: Lc.•;C7E~ ? dy Ji ~e,•1:7@r ~ O~hGrl deCid~E3 31i 1h@ SJTS ~@Cu!@d by thi5 MOrtyage to :~e
'':v`~•~te!y (1UE' c3'~:j p~i~d:J't• ~E'+~~1H' ~' ~!! hd`.'E'::di.@<: SU(:fl c'~j~!i0~'O dCCEi@faTe If D~~O~ to tne sale or transfer Lerd~~
~. `~ f~'f' ':r'S'..'~ !r: ..~" }:.~. i=!~~~iC~~ _~r' ;}£ ~;.~IC; p. t.vll~lE,,t~pr} r~~r~~ i1J(Gt'f!1F•~1' !n wnr,~g tnatthe Credf± o` suCh pe'S~~"~
~ _
~~ ~U~~~iC~..~Ut'j 'o L~'!'.Clr.r ~r'U ?^di ?Fe •r~~._-resf ~ayab,e cn tne sums secured by th~~ Mo:tgage s^a!! ~e a! such ra?e as Lender
S.' ~f '~Ci].,t~f i! L~!?Je! !~d~ :~d~:ec~ tt?e r~~;r:on to acce:e~ate p'OVIUed t!1 lh;s parayrapn i i 8R~ if BOffO`,'le~ S SUCCeSSOf !~~
~„+r_rF'SI ~.~ ,•~rE-~::ie;~ d'.ti'i•!c`r: a»~'^iJ'~%,'~ 3~~Ieefl:Et'i? <iCCE:J(C`~ ~rl ~Yl,hng by Lende* Lender cna!~ re~ease Borro.verfrom a;;
.._ ~~~~di~r~'~., ..i~i~e~ iFli~ ~v~!~'~il~:,~h: i~!1C~ '^r i\i(~1E
1+ ~<.,.,Jr_r t,rrtr ~~CS ~i.C," ~(~!~Ort ?t~ ~.r.Nie~a!E: LenCe~ Shdll fr~d~: BURG'::@' r1011Ce O} dCC@le'dt:3n !f1 ~3CC0'daRCe :.,i!~,
:;~raUrd~;~~ ': nerec~t Suc!~ ~~~~~~ce ~r.a~~ ;,~ev~de a pe~~ad uf not less !hat 3U Uays from the date !he not~ce ~s maited w~th~n
:.!;.~`~ d ~"~.:r,~ •r~ r Hdy '!?e ,,rnS C7F~r: d~e:': i7ue If BprrOVY@~ t2~:~ fC I)dy S~Ch Sums pt~0! ~o the exp~rat~cn of s:;ch penoU
~~, .:~: ~~; r,,~• .. .,~. .__ r1r,r~ an~ o~, Bvrrr;h~e~ nvr~Ke dr~y reme;~ies perm~;ted by c~aragraph 18 ~°rect
t:Ct~; U':IFOR'~1 COvE': ..'S B~^~:1er and ~e~der f~rtner cuve^ant and agree as !o~tows.
18. Acceteration; Remedies. Except as provided in paragraph 17 hereof, upon Bonower's breach of any
covenant or agreement of Borrowe~ in this Mortgage, including the covenants to pay when due any sums secured
by this Mo~tgage. Lender prior to acceleration shall mail notice to Borrower as provided in paragraph 14 hereoi
specifying: (1) the breach; (2) the action required to cure such breach; j3) a date, not less than 30 days from the
date the notice is mailed to Borrower, by which such breach must be cured; and (4) that failure to cure such breach
on or betore !he date specified in the notice may ~esult in acceleration of !he sums secured by this Mortgage,
forectosure by judicial proceeding and sale of the Property. The notice shali furthe~inform Borroweroithe rightto
reinstate after acceleration and the right to assert in the toreclosure proceeding the non-existence of a default or
any other defense of Borrower to acceleration and foreclosure. If the breach is not cured on or before the date
specified in the notice, Lender at Lender's option may declare all of the sums secured by this Mortgage to be
Immediately due and payable without turther demand and may toreclose this Mo-tgage by judicial proceeding.
Lender shall be entitled to collect in such proceeding all expenses of foreclosure, including, but not fimited to,
reasonable attorney's fees. and costs of documentary evidence, abstracts and title reports.
19. Borrower's Right to Reinstate. ~~otw~tn;tandmy Le~de~ s accelerat~on ot the sums secured by th~~ MorEya~3e 1~
~3~,rr~:~ve~ s~~e:! r~~i~N'he nynt ~o hale a~ w pro~eeeS~f,gs begun Dy Len~~e~ ?o e~force th~s Frto~tyaye d~scc+~t.nued at any t.me
~~ `,:7~ il'J~ 1 ~ ~~