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Home My WebLink About2580K. Inxpection. l.~•nd~•r muy mukt• ur cuus~• tu tx• mad~• re:-K~m:~hlr rn: n~•x upun:ind inw{x-~•ti„nc: uf the pro{x•rty, pruvid~r! thiit 1 A•ndrr aht~ll ~;iv~~ lk~rtuw•rr nutice pnur tu uny such in~Fx•cti~~n ,~aY•if>•in}; n•.~,un:ible cau+r tht•r.~fur n•luti•d tu la•nder', intrn•rt in the 1'ru~rtv. 5~. ('ondemnxtiun. Th~~ pr~x•rt~1s ut.~n~' :-ward ur cl.iim fur dx~n.~Kerc, dire~~t ur c~~uw~~urntial, in ~•unu~~-tinn with :~ny ~.~ndemnatiun ~~r ~~thf~r takinK uf the pniEx~rty. ur p.;rt thrrr.~f, ur G~r cunve•y.~m•e in lii•u uf cundemn:+tiun. am hrn•i~~• :~s,~~;n~•d ,~nd sh.+U Iri• paid tu l.e•nd~•r. In the rvrnt ol u tut:~l takink ~,f the Pru{x•rty, the prix~tr•d~ tih:ill iK• appli~•d ti~ th~~ ~wn~ vt~vn~1 hy this Murt~u~e, w•i~h thr excrss, if :u~y, p:~id tu liurn~wt~r. In thc• rv~~nt uf t~ p:-rti.il takinti ~~f ti~~~ 1'n~Ex•zty~. ut~lrtiti IiorruN•~•r :+nd I.c•nder uthrrw•i~~• :iKny in writinK, then• Kht~ll tx• :~ppli~~l t~~ th~• .um. si~•un~i by this MurtK:-tic~ ~urh prup<~rliun i~f th~• Fu~~c~~e~1. a~ i~ ~~~u:-I tu thut propurtiun wv~i~•h the :~muunt uf the sum. .t•currd t,y this ;1?o•t~;a~;r immt~iiutrly priur tu th~• d.~t~~ of takinK 1,~~;-r. tu th~• fair mark~•t ~•alw• uf th~• !'tuEx•rt>• imnu•di:~tel}• pri~~rtu thedute uf r.ikin~;, w•ith the t~:~lancr uf thc pn~ccrdti p:-id tu Rurmw•c•r. If th~• Pn~Ek•rt~• i+ abundun~•d by IiurruN•~~r. ~~r if, .~fti•r nutic~• b~• I.c•ndrr tt~ iiurru~~~~r th.~t th~• cund~•rnn~~r uffrr~ t~~ m.-ke.~n :iw~ird ur wrttie t+ r~aim f~~r d,~mn~~•~, Korruwer failn tu rrs{wnd tu I.rndi•r ~~ithin :i11 d~~y:; ~~Cii•r th~~ datc• suc•h nuti~•~~ iti mail~~i, 14•nd~•r is authuriz~ri wculle~•t .ind :~ppl>• th~~ pnK•c~vis, at l,~•nder's uptiun, rithrr tu r~•tit~~r.uiun ~~r n•Fr.~ir ~~f th~• pruprrh• ~~r to tht~ sums v~~•uny! by thi~ :1turtK:-Ke•. l'nli~~s I A•nder .~nd li~irruwrr utherwise aKn~~ in w ritinK, any sui~h ap~~ticxti~ ~n uf pnK•~~v1s to prinripal ~hatl nut ext~•nd oe Ex~st{Nme thr duc• ~i.~tr uf the m~inthh• instullment~; refrrrcvl Gi in para~;ra~S~h~ 1 and '~ h~•r~~uf nr ~•h~~nKr th~• amuunt uf tiuch in~t:~llnt~•ntK. 1~~. Rurru~+•er `ut Kel~•as~•d. E~t~~n.iun ~~f thi• tim~• G~r p:~>•m ~nt ur ~nudifu~:~tiun uf:~m~~r;izati~~n ~~f thi•.wn.,~~•ur~~cl b~~ thiti ~1urtK:~~~• Rr..nt~•d b~• 1~•n~:rr U~ :mt• .u~•~~~•~sur ~n int~•n•.t ~~f l~nrr:~wi•~ sh:+ll nut ~~~~~•r.ilr t~~ n•li• ~.t•. in :~n~~ mann~•r. th~• liahilit} uf the ~~ritiinal kurruw•er :uul fi~~rr~~~.~•r'. w~•c~~;s~~r. ~n intrrrxt. I.~ nd~•r ~l~:~ll n~it h~• n~~wreri tn ~•i~~n~n~yu•i• pruc~7til~n~;~ :+R:~intit .w~h wci-~•s~~~i ur rrfu~~• tur~tt•nd tim~• t~~rE~a~m~•nt~~r~~th~•r~~i~~•m~~~1~£~.~a~,~rti::ih~~u~~fth~•.,um.;~~,•~~r~•~Ih~ thi.Jl~~rtk:~~rh}•n:~:•~n~.t:~ny~l~~m:~n~lrn:ul~•hvth~•~,ri~;~nallt~~rr~nv~•r :.nd It~:rnncrr~. .:u~ ~-~~.s,~r. ~n ~ntrr~•.t. . 11. h'orb~•arunce by Lrnd~•r \ut t- H'.-ivt•r. :~n~ f~~rtK:~r.uu•r h~~ Ik•nd~•r in rx~•re~~sinK an~~ r~;ht nr mm~ti1~~ hrr~•un:lrr. ~~r ~~tLerwisr :~ff~~rd~v1 h~• :~ppli~ :~bl~• la~v, .hall n~~t iN~ <~ ~c.ii~ ~•r uf ur {~n•~~lu~l~• th~• ~•xerci~~• nf an} su.•h ri~;ht ~~r rr~n~v1~'. 'I'hr pn~~•urr~n~•~u nf ~nsur.~n~•t• ur thr 4~a~•mi•nt uf tax<•s i~r uth~~r li~~ns ~~r chur~;e~ hy IA n~i~•r ~hull n~~t iK• .~ waicrr ~~f lA•nder~s n~;ht tu :~r~rieratr thi~ en:~turit~• uf th~• indrbtiYinetis .~r•urrd t~~~ thiti '11urtK•~R~~. i'_'. R~~m~~diey ('umultitiv~•. :111 r~•mi•dir. un,~ :drd in thi~ \turt~;:~y~~• arr di~tin~•t und ~•wnul:-ti~•E• t+~ :~~i~• uthrr ri~;ht ~~r rc~midy und~~r thia \turtr,~~;i• ~,r .-fford~•d b}• law• ~~r cti~uity. .~nd v~a~• tx~ ex~•rcis~~~i cuncurrrnth•. ~ndc~x•n:lrnth• nr ~cui•c~•.xi~~~•ly. i:t. tiuc~•e•s~urs t+ncl Ati.i~nti Buund:.luint t-nd ti~•vt-rs-1 I.is~bility: ('aptiuns.'fl~r~•~~~~rnants :~nd a~rt~•mrnt~ hrr~•in ~•~mtu~nrd tihall '~ind. :~nd th, ri~;htv hi•mundi~r ~h:ill ~nun• t~~, thi• r~•.p~~i~U~~r tiuc~ ~•~ticrn :ind .is,tii~;n~ nf I~•ndrr :uid li~~rru~~rr. ~uh~~•i•t tu tni• pru~~isiunx uf ;~:~r.~~;ruph 1~ hrPw~f. :111 c~~v~•nant~ :~nd n~;rrt•~m•nt. ~~f fiurr~~~vrr shull i~~• ji~int and ~~~ve•r.~l. "1'h~• i:~pti~~n.:~n~1 h~ :ulin~s nf ti~r para~raph~ uf tl2i. \1~~rt~;aR~• :~r~• fur ru~•~•ni~•nc~• unly :~nd :~m rn~t t:, 1~t~ us~d tn interpn•t nr dt•fine th~• pr~i~isi~~n~c h~•r~~uf. . : 1 \~~ti~•~•. !~:zi•~•~~t ti~r an~~ nnticr rryuin•~I un~lrr.~~~pii~ .~1~!~• I:~~~ t~~ h~• y~6c~~n ~n :~n~>!li •r n~:~nn.•r. +:~~ :ui~ n~~rirr t~~ li~~rr,~~~+•r pn~~ :d~ ~1 l~~r in ;t~i~ \l, ~rt~;.,~:r:h:+ll br~;i~~~•n Itit~ ma~i~nk,w•h nutic~• h~• i•~•rt~t:~~1 nuut ud~lr~•~;r~i t~~ li~~rr,~k~~•r at thi~ 1'n~E,~~rt~• :~d~1rr~~ ~~r:it ~uc•h nth~~r.~~i~ir~•.~ ;. li+~rn~~crr ni:~} iir.i~;nat~~ h~ nuti~•i• tu Le~id~~r :iti pn~~ i~ity! h~•n•in. :~nci ~ h~ ~~n~• n~~tir~• tu I.~•n~i~•r .t::il~ ~N' k1Vf•I] I1~' !'f•!!ICIlYj Ill:il~, fNLU~fI ~('t'k•1~~ n,~ u~•:t~•d, t~~ L~•n~t~•r'. a~l~lre•s, ,t:~tevl hrre~in ~~r t~~ surh utHi~r uddr~•., a~ 1~•n~:~•r m:~c d~•~i~;n.it~• h}• nnt~.•~• tu it~,: n,~-~•r :~. pru~~idiYi h~~n•in. Am• n~rtu-~• E~n~~ [de~d t~~r ~n th~: ~1~~rt~;:~~i• ~h:~l1 t~r de•r~n.~l G• lia~ r t~t•rn ~;iee-~~ t,~ Ft~~rr„~ci•r ~~r I.c•n~l~•r ~ch~•n ~;i~•~•n !n the• manne~r ci~•tit~n:itfrl he•min. i;~. t~nifur~n ~1urt~;aK~;Guvernin~I.ai«•:ti~~~•t~rt+bilit~.~1'hi:f,~rm~~f~:;utty;:~~;~•~•~m~lr~nr~unif~~r~n~u~t•n:~nt.,f~~rnati~,n.~luseundn~~n~ uciiti~nn i•,~~~•n:~n[. ~cith I~tni:r~~ c:innliu:~. h} suris~li~~tu:n tn rnnsUti:tr:: uiufnrm.~•i~untt in,trunirnt ~~~.~~•r:n~; rr:~! pn~p.•ri~•.'I~hi. ~~~irtkuK~• :}~:ill t~r ~;~~errm-~3 f,~~ thr l:i~~ nf tnt• juri,di~~li~~n in ~~•hii~l~ the• f'r~~E~,•rt~ i. j~~~ ;~ter1. In th~• t~~~t•:~t th;~! :~ii~' {~r~~ci~:nn ~•rrl:~u.t•<,i thi. 11urt~;aR~•ur tha• \ntr r~~t~tlt~ t. ~~ ~th :~l~Fil~enf~l~• 1:~ti~.,.ui•ii ~•~infli~~e ~h:ill n~~t a;fr~~t ~~thrr pt~~~ isi~~n~ ~~f t~~~~ \lurtk:+~;~• ~~r thr \~~te• ~chi~ 1: ~:tn h~ ~;icen rffc~-t ..;:h~~ut ti~r r~~,~t1i~ tinR pr~~~~i~~n. :~n~i t~~ thi~ t•nd th~• pr~~~ixi~n~~ .~f ttu• V~~rtR;~k~ .~n~l th,• ti~~t~• :~re• ~IF~~•lanvl t~~ h~• .~•e~•r.~hi•~ If~ Rorruwt•r'z ('up}•. li~~rr~~~~.-r ~h.~;l hr furni~h,r1 u r~~nf~~ruu•~~ ~vp~' ~~C ihr \,~t~• :~nd ~~f thi~ 31~~rt-;a~;i~:~. thr t~mr uf t~~e~•utiun ~~r aftrr n~e~~rdatiun he•rt•+~f. '~.-~, ~ I;'1'runtifi•r crf th~~ 1'ropcrt~~; :1+.~~mptiun. 1( all nr :i:i~' p:irt ~~f th~~ !'n~p••rt~ ~~r:~n int~•rf•,t tfit•r~•in i~ :~~ld ~~rtr;~nxf~•rr~~d h~• lturruH~rr ,-~, .ti~ith~~ut 1.~•nd~•r~:- pn~~r ;ti nttt•n ~~un~~•nt. ~•x~•Iuclin~; ~:~t :h~• i•ri :ih~~r~ ~~i :~ Itrn ;~r ~•nt~umhr.~r.rr.uh~~rciin:~tt• G~ th~~ \t<~rt~:a~;~•, ~hi thrrn•.thun ~~f a " ~~urcha.i~ m~~nf•~~ nc•i•urit}• intrre•.t f~~r h~~us~•h~~1~9 u{~plian~ ~•s, ~i•i :~ tr.~n.f~•r h~ ~ircisr, d:•.c~•s~t ~,r iit' ~~p~•r,.tum uf ~.~w upun thc• d~~ath ~~(:~ j~~int •rn:~nt ur ±:l~ thr kr:~nt ~:f .in}• le•as~•h~~1~1 intrn•~± ~~f ti:e~•e• }t•:~rs ur l~••. n~~t i~~intain~n~ c~n ~~pti~,n t~~ pur:•hast•. [.~•n~i~~r n;;~. at 1 A•ndi•r~~ upti~~n. ~1r~~!.irt~ all thr:~um.:e•c•ur.•~1 t,y~ thi, \t~~rt~;:~~:t• t~> in• ~inmrd~:~tf•~~ ~iu~•:~+u1 p:i~•ahle~ !~•t~~i~~r .h:~ll h:~vr tiv:i~~trl .uch u}ruun t~: ae•crlrr:+te• if. pri~~r r~~ the•.:~1~•~~rtr:insfrr.l.e•ndrrand ihrpi r~~~r. t~~ «hum thr 1'r~~p~•rt~ i.t~~h<•.~~1~! nrtrni:.ft•rr~rl rt~.li ?::~~;r.•~•inrnt in ~entir~ th:~t tht•~ r~riit~,fsu~•h p~•nun ~c ~:~ti.fa;~t~~r} tu l.~•n~l~•r :~n~l ~h:it ~L~ iut+•n•~t Er,i~;~i,I~• „n thc ~um~ .~•~ un•~1 hc tiu: ~l~~rtk.i~:~• sh.~~l ht :~t ~u~~l: r.ar a. Lz•ndt~r =h:~l; -~y~u~:.t. {f I.rn~it~r h:~~ i+.aie~•~1 tlu~ ~~piu~~i t~~ m~.•I~•r:~t~• E~r~~~ir.~~,i in ;ti~. E~.~r:~Rrsph f-. .~n~1 :£ li~~rr~,~re•r •~u~ ~ r.•~~r ,n ~tit~•rr.r }~.~„•~e~riit~•d :~ •.~ntt~•n :i~•ump:i~~n :i~:r••f•cn~~n! ,~r~ e•},t~•~1 i~~ «r~tink !,>' I.rr.~i~•r. I~•~i~i~•r.tc:~ll r~~i~•,i.~• ii~;rn,H~~rfr~~n~;~ll~~k~?i~;:~t~~,n, und~•rtha. ~turi~;:~~r:~r~~3th~• \ ~ ~t~•. If Lenii~•r ~•x~•r~ i>~•. w~~h ~~~rti~~n t:~ .i~•, .•i~•r.~t~•. i.~•nri~•r ~h,~if tn:>>! l:,~rr,~e•r n~~t~~-.•~~fa~•rt.{r•r:~ti~~n in :~~ ~~~rrl:in~ r~vith p;~ra~:r:ipti 1 1 ht•ri.~f. ~u~ h ~~+~tir~• .h:il1 pr~~ei~i~• :~ ~~~•n~~i~ ~~f nnt i;-.., th.~n .:~ ~ ~i:+~. tn ~m th~ ~i,~t~ t h~~ n„tlre~ n ~t,;ui~•~i ~e~th;n ~chirh 1{~ ~rr~ ~~e~•r n::ie 4~:~~• t}u•~um. ~}ri~lanY1 ~lut•. If f~~~rr~~~~rr f.itl~ .~~ yr.sc ~urh ~iui~~ p::~~r tu tfia• r~~~ir;~ti,•r~ ~~,u~ h p~•rc~„i. (.~•n~i~•r n~,~c. ~c:th~~ut furthrr n~~t~~ ,• nr ~!.•tn.fn~! ~~n l~nrru~ct~r. ~tia~ukt•:~n} n•in~•~i~~•~ p~•nnit[r~i I~~ ~~:~r,~~rai~h i~ hrre•~,{ 1K. :~c~•t~l~~r.itiun: ft~•me•dii~s. F.xcepl :t~ pru~•id~•d in pn~ru~ra~ph 17 h~~nr-f, u~-un Rurruw•rr's br~•ai•h uf any ru~•enunt ur :i~re~•m~~nt ~-f Burru~s~~r in this ~1~~rtkaKe, includin~; the cuv:•~unt~c t~~ pti~ when.lue any- tiumstit•cvr~~ci b~• thiti ~lurtkaKr, Lender priur tu r~cet•I~•ratiun shall mail n~-tic~~ tu Kurn~w~•r ax pr~n~idi•d in p.~raKraph ! f he~~~uf ~perifyin~:l l) thc breach;121the actiun r~•quired to cure~ ~uch br~•a~•h; I:t1 a dati•, not It•ss than :i(1 da~•ti frum th~• dat~• th~~ nutice is mailed to RurruH~er, by .ti~hich Such hr~•a~•h mu~t h~~ curt•d; unci 141 th.~t f.iilur~• tv cur~• .uch br~~:ich un ~~r tx•for~• the dtite sprcifi~~d in the nutice may result in :-i•~•~•I~~ratiun of tht• ~umti ~~~curi•d i-y this Jturt~:+y;~~, for~•clu~ur~~ 1»~ judic•ial proc~~c~dinK and ti~l~~oCth~• I'rup~•rt~•. The notic~• tih.ill furth~•r infurm fi~irruw ~v ~-f ih~• rikht tu n~in~tat~~ a+ft~~r :~c•~•i~lrr:~tion s~nd thc riKht to ai~:~•rt in th~• fur~~clusurc prcx•e~•dink th~• nun-~~xict~~nce• uf a default c~r unc uth~•r d~~f~•ns~• of l3orruw~~r tu acc~•I~•rati~in and f~~reclutinr~•. If the iireach is not curtKf on or fn•fur~• thi• dat~~ sp~~cifie•d in 1h~• nutic~•. L~~nder :~t 1.~•nd~•r'~ ~~ptiun rna~y d~~rlare all of the sumti siY•ur~~d by this Nurt~t~Ke t~~ tx~ ~ mm~~di:~t~•h~ du~• und p.~~ .tbl~• ~~~it hout fu rt h~•r di•m.ind and ma~- fur~~~•lus~• t hi~ \1~-rt~age b~• judii•ial pruc~•~•dinK. I.~•nd~•r ~hall be ~~r.titl~•d tu ~•ulli•i•1 in ~uc•h pr~-c~•i•din~ .~11 i~~p~~n,~•~ of f~rr~•~•I~~tiur~~. ini•ludin~;. but nnl limited t~-. r~•:itiunabl~•:iU~~rn~~y'. f~~~•ti, and ~•~~.t~; ~!f ducum~~nt:~r~• ~~vidc•ncv•. :~btiirai•tti und litlt• ri~purts_ f'~. fiorru~cer'ti Ri~ht t~- lteinst.~tE~. \ntw~thst:~nrlin~; l.e•n~li•r~~ :u~~ rlt•r.+tinn ~~f t~ir,um. ~~~~ urt•d hy thi. Jtnrt~a~;~•. IfurrnHrr.h:~U h:n~r thr n~;ht t~~ h:~c~~ an~~ pr~~~•~r~~inkz h~•kun hy I~•nd~~r tn~•nfnr<v• thi~ ~turt~;;f/;P (II~CUI]LlfIUkYI :~t :~nc um~~ pri~~rt~, ~~ntr}-of:+ jud~;nu~ntrnfurc~ny: th~~ ~lnrtkake~ if: ~ai ltnrr+~K•t~r p:~~~ I~•ndrr :~~1 sum. «~hi~ h~v:~uld he th~•n r1uF• undt~- th~~ 11~~rt~;ay;c-, the \ute• and nutt•s .e•~vrinK Future• Ad~•ancrS, if :~n~•, had nu:~c•r~•Irr:iti~m ~rcc~urr~~l: ~h~ Kurrn~~~~•r ivrt~~ :+ll br~•:irhr~ nf:~n}~ nthf•r r~~~~~~nants or ~i~{rF»•m~•nt~ uf flnrr~~w~~~rc•~mtainf~l in this ~lurtRa+~;F~: +ri li~~rruwer {~a}~; :ill n•:~~~~n:ihlt~ i~x{H•n~e~~ inc•urnyl M• I~•ndt~r in ~•ni~~rc•in~; thc• cnaenanG~ .~nd ay,rer•~nc•nt~ uf I;nrn~w•e•r cunt.~~ni•d in this ~1urtR:~ke an~i in ~•nfurcin~ IA~nde•r', rrm~~di~•::+ti prn~id~~d in paray;raph 1'+h~•nvrf, includin~;. hu! nut I:rni!ey1 tii, rt:~tiunablr :~tt~~ruF•~ ~~ f~~~~s, and ~d ~ finrr~~~•~•r t:~k~•s w~•h :ict~nn as I A•ndt•r may n•n~nnabh• rt•yuir~• t~~ a~surc th:-t th~• lirn ~~f thi~ ~turt~;:i~;t•, I~•nder'~ intrrest in :hi~ ('r~~{rt•r[~~ anrl !{~~rr~~w~~r's ~~hli~::~tiun tu pay tht• ~um. .~•~ ~~r~~~! ht• thi. ~turt~;t~~;e• ~h:~ll i•~~ntinut• ummpaisrd. ('pnn w~•h payment .~nd cur.e h~• FS~,rn~u~t•r. this ~f~~rt~;:~~;~• and th~• nbli~;:ih~mv ~f~e~un•d ht•r~•h~~ ~hatl n~ma~n in full f~~rci• and e•ffect av if n~~ ac~•e•li•r.itiun h.~d ~~c•urr~d. ''n. ~-.~si~nmt•nt of Hents; Ap~x~intm~•nt ot K~~ceivi•r. A. :~~l~iin~~n:il ti~•~•urit~• ht~r~•undf•r. Kerruwer h~•reby ;~~~iKnti b~ 1~•nd~•r tFe rent~~ „f th~• 1'n~{H~rt}~, pru~-:ded that liurrna~c~r.h:+ll, prinr tu a~•ci~l~•r.ttiun under parakraph I:+h~•re~d~~rali.ind~~nrn~•nt iif the f'rupt•rt~•_ ha~~etheriKht tn ~•nllect and retain such rents :~~ th~•q he•i~~rmt• du~• and pa~~ahl~•. ('EN,n ac~•~~leration under para{~r.iph 3 ~ h~•re~rf ~~r ah:indunm~~nt u.` th~> F'rn{~>rt~•. (.~•nde~r sh:ill !x• rnhtl~~c! t~~ h:iv~~ .i m~~ei~•c~r ap~w~intcd by a i uurt tn ~•nter up~n, tak~ pucsi•SSinn uf and m:inaKr th~~ 1'n~pF•ri~• and tu i•~rliect th~ rrnts uf the 1'ropf~rt~•, ~nclLdink thuse past due. All rent~ rnll~rt~r1 tn• thc~ receiver ~hal) fN• applie•d first tu p:~yment ~~f the c~~~t~ of mana~;ement ~rf the Pn~pert~• and c~~llc~ctiun of rentv, includinK, but nut iimite~cl tu, reri~i~~e~r's G•t•., premium~ ~m nrc~i~•~•r~s hond~ and masun:i!~It• att~~rnf•~-'s fi~i•s, and th~~n t~~ the sumti ncrurE~cl hy this i~lnrtkaKe. Thr~ r•~•eirer tihall tx• li:ibl~• tu a~•rount r~nl~~ fur th~~sf• rentc a~-tualh- rc~c•f•i~•~~i. ~ ~ ', 351 ~~~~ . . .~ ~.~E~..