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Home My WebLink About1893~s:-: ~ `i ` ~.~'t~1 1 r• ~+cr's written ~g~ccmrnt or apFl,:ah!c '.:~. ";r:.+ur; :t.,.,: ~,s~ th~ ,,in.~unt ~f all m~:ta,,be :a~.ur:~n.c prc::: ums :n thr mai~ner providtd under paragraph 2 hercot Any amounts disbi:rt~d by I.rn.lrr f.,:~:..:n1 ::~ this F:~:a~~aph 7. Nilh int~lCS[ 1httCun. Shal) be~untc sdditi~~n~l indtbtedness of Burrc•.~« sctured hy th~~ ~lu:~~,,gr i'~~~c•.. IIuno•.~c~ :,nJ I ~n~i« .~grer tu uthcr ternu u! p~yment, tc.~ amounts shall be payable up.~n :~oti~e fr.,~n 1~nJ~~ t~, (iu::,~~.~ ~ry~r.~in~; p.,~mrn~ thrrru!. an~l ,h:,tl txar int~•:cst fr.,m the Aate of ditburxmcnt at the rate paya!~Ii it.~ni timr t.~ tirnr un uutstandinR pr.ncipal undtr Ihc ~ute unles~ paymtnt of ir.terest at such rate u•ou1J be contrary t.: .,ppli.;,hlc IdN, ~11 which ~ver.t tuch amou~ts ~h.~ll txar intrrett at thc h:ghest rate pertnissible under appli:ablt l~w. Nuthi~g ci•nl~ieed ~n thi~ E~aragraph 7 shall require ! radtr te- incur any e~penu ~r take any action hercun~er. 8• IuipecNoa. Lender may make or ~euse 1~ he madc rCru~nablc cntrie~ uFwn ~nd inspCCtiu~iti ol ihe Propefl)~, providCd that I.ent~r sha!! givt BLre~~~~r ;::•tec: ,^,-:_: !c, a~~~ ~in:h ~^~:~:.:c'i: ^ ~~~i[y:ng reatcx~ah!t _.....r !h.r.r.~r •^~~ce,+ ±e• ! e~der's interest in the Property. 9. Coademaatbn. The pr.x;eedc a~ .~m :,..:~rd or ~•la~m tor damages. direci ~~r c.~:i.cyuential. in connection with any condtmnation or other t:king of the Pr~~prrt>•. ~~r parl thereoL ~~r fcx c~~nveyanre in liru o( iund~mnetiun. are hereby assigned and shall be paid to Lender. • In tite event of a total takinq of ~he Pr~~t~en~• the ~roceeds shall be applied t~~ the cumc sccured by thic Mortgage. with the e~ccess, if any paid to Borrawrr In ihc evrnl uf a partial tal.ing ut the Pn,~.ertv unlecc Borrower and 1_tnder otherwix agree in writing. therc shall he appl~ed to the wms ~ecu~cd hv th~s Morrea~te cuch pro~wrtion ~f the preceeds as is tqua) to Iha! proportiun which thr :~m~~~~nt i.( the sums uc~~red hv this M~~r~Faec immediately pnor ~~~ the date of -akina bears to fht fa~r markel valuc of the Pr~~F+crl~• ~mmediately prior 1~ the dale ~( ~akmg. w~ith tht halance of the procetds paid to Borrower. lf ihe Prope-ty is abandoned hv Borrc.wer o~ if a(tcr notice hv ~endr~ tu Aorrowcr that the rnndemnor oRen to make an award or setde a claim for damaee. R~~rmwer fads ~~~ re~~~nd t~ l~nd~r wi~hin 3(1 da~c a(~er the date such notice is mailed, I.ender is authorized ~o rnllect and applv th~ prcucedc. at Lender's op~ion. either to rectoration or repair of the Properly or to the sums cecured bp th~c Mc~!tgage ~ L'nltss Lender and B~rr.~~e~ olherv-i.c agrcc in wriling :,ny wrh appli.at~~~n nf p~~kee~is to prin`ipal thal~ zot extmd or postpone the due date of the monthl~ in~!allmentc rcferrcd t~ in ~ara¢raphc 1 and 2 h~rc~f ~r chanRe the amount of such installments • 10. Eorrovrer Not Reltased. F~tenv~n ~~( the timr (~~r ~.avmrnt ur m~~difii~t~on ~.f am~rtitation of the :,~m~ xcurcd by this Mortgage granted b~~ I cr.ter t.~ ai~~ .uc~~.~.~~ ~n inlrrr~l uf 8orr~~wcr ahall nor.>~xrale ~~~ t~leasc. in an}~ manncr. :hc liability of thc orieinal Burr~~wcr ,~nd S.~n.~wcr'. ,u..r.~~~r~ in ~ntcrc.t LrnJcr ~t~rt~ m~t Ix rcyuired t.. commen~c proeeedings againct cuch tiuccess~~r .~r ;if~,r ;u calrnd tiuir ~.u ~~avni~rt ~t ~~thriwi.r m~~.lift am~~stizat~,:n .•~f 2he SUf11i ~eeured b}• thit Mongag~ b) fCa~~~n ~~i ~n~ ~inia:~d m.rlr hy ihr ~~i~~nal Rurru~r~ .~n~1 8~~rruN~r'~ ~;~..~ti~, ;~ i.^. iilt•_r~t~ 11. ForbeJratlcr by I.ender \ol a~~'ai~rr. 1~~r f~nc~.,r~:i,r L} Lrncl~: in r~r~.,•.:::b .,n~ tiEhi ~~: iernee}~ ;:c:~.~nJet ,; vlhMwise aftorded b} ~~pu~;,n~~ f~~t:•,ha11 ir~t iti':•'w.~i~~er ,~! ,_. E,~c.i~~.~~ '1i~ r..cr.+~c :f ~n. „~.h ;;~':: . ~c~ned~• T}1C procurcment of imuran.r u: :11e ~~r'.:t,~•.i .. ..:~:i ~: ..:.C~ :.~~i.~ ~~~ .a~a'~c. ~J ~.~:ttt: .':,.:i! n:.: i;c ., .ra~,_, ~ i rr.~cr~S right to accelerate the m:,turit~ .~f t-~r ir.irbtr.lnr» ,rcurr~i by afi~~ \1~~rtE.~St )2. Remedies Cumulali~~e. :~1! f~I11~~~IC~ ~~ . .~t~Cl~ .ii i~ :~ ~ft~f:ln~C a:C .....~ta,( ... .1 . .7:1'.t:~?~~c It` .~ :~:Cf ..E;l,~ ~r -enze~y under this Murt~.,gr ~~r a(Tuc1~~i '~~ :.~~t . . ryu::•. .:i.! r.z.~y Fn r~.rr.:~r~i .,~~;...,:r~:t'•~, .::dc~~cr.~*_t:'•: . . ~.c-,i•.: 13. Suctesson and A~si~n~ BuimJ: ]uinl at~d Serrtel Ciability: ( aplium. i? :.,~1~..:;-nt< .:nd .:t-:rr,~. -:t. ~c.e'n contained shall binJ. .ti~d thr ~iyh~~ t:cl:..n~::. ;i~.;tt ...:ac !~. , c , _pr. ..r ~u:~cs,, . . :,r.,: .,,,z.,~~ ,~` t cn.(e: ..~~.! B. ...~•ae.* ,u~~~ea.[ [v ii-c ptuvitiiunti ~_~i pa;..~:.,~~t~ _ :c::,~t \.. .. ....~~u~ .~:i~ .,~;+-cmr~:ti . . ts~:~ ~ ...c: ~r.::• rc .. ~r..: ~Ler~i 7Tte ~ap[ions and hea~ling. ~•( [Flc F>ai.:~;~ar}., . . t1~~~ \~,.;ibag: ...: '~t ..~ii•.r~~~rr~.c . ni~ .~:~~! ..;r .. , . ~.~ :.ces to interpret or definc the pro~ icie~n~ here~( ~~. Notice. E~~ept ~~•f 3R) Il:~.... ~cy::~ir.~ ,.n.~c'~ aYVa;.~°.:: 1.,, .. ~~; ~i-.:i~ .~t .Stl.-~i~7i'! RI~:1Rif i,~; , f.t' A:~tl:C t0 8.~rrower pro~•ided far .n thi, ~i~;~~:~.~ ,~..~;. ~.r e~.r:. cy ~.,~.:i~~ ,...}: .,, .. `,,~ ~.;c ~, ' . _. ~ .c .r .~'.i t:i.~:l a~lilrrn~ru R: rr~ ..•• ~l :C' StcSi 3. r -~~.v n thc Property Addre.. ~~r at ,u:h , tl ..:1 F3~ n r, .:~.~y !r>:~:~.+~~ ~y .. .~.. ., Lrt„!c: .,ti ~ r, .i.i~.'. },~rci:~. ~n.4 (b! an} notice to ~_CIi(~tf ;hai1 he l ~t,~` ~`• ..:fi}:Ci: n;e.~ 'r~:f• . ~.. . ~ .rc c ,' ~ - c.e.,•i :ry:. ;Ir~I t~c-: !e±' ~.I'. ~ :e~~ ';°:~,n ~~: to ~uch other address .,, [.~•:ider n~,:~ ;3, _ h~ ~, ~.. [~,~, .. . . .. ., .. ( ... {' .1'l I •I ~V '.VC! •1\ ~ ~ .~'.li ~ltl ~. '~11~ ~1• ~1.C [~{• ~', ~ {\~: ~IS~1 ~tortgage shal( be Jecr~,:d '~~ ...,~.. h,~~;. _ , t, .., • ~ . L.r~~1:. -,'sr~~,~..r~, i• t! _ maiirer ~i~~ii~:.,!:,.' _ _... 1S. Uniform ~1ortKaKe: Gu~rrniuL L~«: Sc•cr~bitity. 'r` , r:•, ti. `! :ri~'i!p.is2 , ,.~f,in:, ..,.,~ . n: .. . ... . .`, . ...., . . ai ~ISC and non-unifurm .~:«:t:f+lt. ul~~' ~~t~ ~ ~ ....~..,t~ t~. i~:~ ..;[...~ .. .~r !., , .. .. .. . ., ...~,t~:`fTl; ~t~. ,~[t\...Itri'. _.:~i ..,~.~•: -• _ . :c re~l properly. Thi~ ~1~~r!gage s~i.i?! '~e• ~ .r~ ...'. !~. It:. ,.. . ~ r~~r ,..... .._ .. . „ . , ..~ tt,e Prc ~i:rt• . ~ -..:.5 :.~ •`,:e e:ent that any~ prc~~;.;. n.~r .l.~,~~. ... . ~S . t~~ rhr `o!_• c;~nfl~cts ^atlti~ .,~~+~ i,,~i•;, .~~1 .~~ u~~.fl~~_t .... s1T~:! i~I}1C~ PfOVtS10Rt C~~ :~li• ~~C~flb:i~~. i.i ft~~. ~.~~, •~~.v~,,:4,, ..ir . dn~t~ C!iC:' '..i[~1t~~~j r~,~ ..~,~-.n~,..'!~ +',~'.t - . ..~i1 t•~• '~?!S erd the provislons of !hc M~rig,~~e~ .~~:i~ 'hi• ^.~•tr .~r~ ~'.rt:arcc' ;., hc ye•;er:~Mr ~6. gOROMPf S ~~OPI. QUff~ ~.~. _'~. ~~: -: ~..' . ~::f,! ~ ~. ~. .~ ii^::l ~,. ~~ . . .... ~~'[C ~. .~~ :~•'~ ~~:"', :_ .~` .... :~f]Sl' ef t~ec~~tion or afte: re~ordation herc,~f 17. Transfer of the Prupert~: :~~,tunjiliun l' .e" ~ , . ~•` : P.. ~~ . • r ' . _.~, .. .. ._ 'rs.' 'ir';,:' h. Rorrower witF~:,;,± :_.ndco's ~..;~~- .,:..._ . _ . ~ :..~ ~ .:,. ..c... . . . { ~ .,. .. It :.,•:.. _ti .. . ~!C t~, - thi< <inrtgage. !h) fh•~ ;!ca'i~m ~•! .i (~:'_ .. . ,r; ~,_ ,rle• .~t ~-~i . ,:..:, . ..~~',.,~:. ~. ~ .r.~ ':•:se. _ ~~L~.iMt ~`: h}' O~fflflll~l, i~f teu L~~i+r: i~r.' .:r.~[~'~ _ c ~.~~+~f ?r ..:n' rr ,i .~~c i',~~„ .~~ .. . '.Y.:~C~:;~~~ _. , ~~.f ~~t ... _ .... . ~~! iC~S l70~ ~OR~31111f1g 3f1 0~1t~~f1 in j~;~r_h:tSt', iCt•..~c; lu.~'~. :ef Lc'~~~_"~~. •'{~1~~.,{~,. ~~c.;.~=c .r~ ?hc ;~tt,- ,i~,.,~•.~~ `>> .. ~. ~~ ..` OC ,' e, i•~ . , , . ~, c s.,fr .,lc. ( ,• f, -- m:-~e.iiatel~• t~~c and ~a~~hlr 1 LnJrr -.},.~il ,.~ ...,~. ~~..F ~t~,~r~ . .~:~~.~r :tr , rF, , ~~~ ~~, . . . _..! _ anc thc pcrson ~O R'fl~~fTl i}1C P(~~~`E1:\ i~ {~. }.~. r,~~ . . !f.i[;• 1 }~ - ~ ~. ' . ... i !., ~C'!Ci. ~C.1. AP.'CCtfl~,-IIi .Y[ ' ';~.~` 'IIC :i•• • ~ i. . ~~ ~atisfaclory to Lender .,nd that ti~r intcfr-! ~~JS,IhIC ~~n :!:r ~:~nis sr<<~rc.1 h} rhi, :t~~r!s;,,g~'~hall In• a: su.h :~t~ e, L:rider shall request. If I.ender has waneJ 1h~ ~y t~.~i~ t;~ a:cr!rr~~tr pr~~~iJc~! ui th~~ pni:~:'.:ph 1?. an~ if Brrr:~wcr~, ~u~cc,5or ;r, ~merut ha~ executeJ a Kriuen :,s~um~i.~~n .,~:.•~n~~•n~ arcr~tcJ ie wn~ing h~ L~nJrr. l.rnc'ei >h:~lt relc.,.~ Finrr~+Hrr from 31t c~oligations under ihis ]Nortgage and th~ \ot~. if I_ender exerci~eti SUC}1 U(~I~Or? t~~ .~_~:cic!e!f i rn~~c' ~hi~~ In.~t~ Ri~!rc~~tiC! •~~~t~.i' .~? ...c~Crlit~~in t~~ .~.~ui~3it:~ µ'i'h paragraph 14 herro~ Such nut~ce chsll rr.w;Jr n prrsc,~t ,+1 nr~ !r~~ th,,n 3n J.~y~ fr„m the datr ihr ie:,ti~c i, m.uied with:n v~hich $~~rr~tiaer ma~ pa~ th~ ~um~ declare:' ~7ur I! R~~t~~~tvrr •`n~i~ t~. ~ ey ~uch ti:im, pr.~~~ t~; thr rxpir.~tie~n ~~f ~,::ih prti:xl LenJer may. witha~u~ (ur~her ni~iiir i~r ,~~~:iand i.n Rrrr~.~wr~_ :nli~kr e~~y rr~t~di~ti pcrm;!1~:1 3~c p~r;t~~:~ph !~ her~uf NON-UNIFOR~1 COYEti~NiS Borrower and 1 rndet further co~enent .-nd agrce a~ foll~~w;. 18. Acceleration; Remedies. Ftcept 2ti pro~ided in para~raph 17 hercof, upun Borrowers breach of an~ c~.enant or agreement of Borrower in this Moriga~;e, includinK li~e covenants lo pay when due am sum~ secured b)• Ibis ~turtgagt, Lender prior to aeetkralion shall mail nutice to Borruwer a, pru.ided in para~;raph 14 hercuf ~pecif~in~: I1) Ihe brtach; (2) Ihe acfion required to curt such bte~ch; (3) a d.te, no! lew 1h~n 30 d~~s fn,m Ihe date the notice it mailed fo Borro~-er, b~ which suth breach must be cured: aod (4) Ihat (ailure to cure such breach un or beture ihe dale specifie$ in the notice may result 1n accelerotion of the sums se~urrd b~ thi. ~1~~rtX:~ge, toreclo~ure b~ judicial pruceeding ~nd sale of the Propert~. 'Il~e nolice sh~ll (urlhcr inform Borrower ot t~c ri~;M lo rrinsl~te .fier accdentiun and the ri~hl to ~sseA in Ihe foreclosure proceeding the non•saistence of a default or any olhpr defense of Borruv+er to acccleration and foreclosure. It Ihe breach is not cured on or before 1he date speci6ed in th~ sulice, I.ender ~t Lender's opti~sn ma~ declare a0 of thc sums secured b} fhis Nortgqt to be immediately due and pa}able Nithout tu~lher dema~d and ma~ foreclose fhis !Nortgage b~ judicia! procetding. Lender shpil be cotided to co1kN in such procecdine a0 e:peoses ot t4recknure. includins, bu1 aot 3smilcd to, teasonab{e sttornt~'s fees, snd cotls d docu~ntary erldence, abst~acts and titk reports. 19. Sorrowers Ri~bt to Reiostate. Notwithstanding L_en.fer's acccleration uf the sums secured by this Mori=age, Borrower shall have tht right t~ have any proceedings hegun by 1_endu to enforce this Mortgage discontinued at any timr ~~»K35~ PdGE~889 ; ~ - _ - ;~ - -- ~^~.