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~D~AO~~OR. L~IdK af~ ~W 0[ C~ifN bD ~ m~lM~OO~bM ~~L~M ~I~OR ~O~C~OR! 0~~1 Q[+C~l~1. p!'6~Y~~ Y~L IAD~R ~I~ ~
~1~ BOtt'O~1'~ DOttO~ ~O! ~0 ~1~1? AYt~I ~i~OII /~~lf~ lM~IOOa~ 4~qM ~Oi l~a~ t0 t.~Ot~~ ~l1~Mt ~LI ~ pt0~~. ~
Caade~naiioa.'Ib~ p[oa~ of ~?aJ? award c~ claim Lor dRm~fs+. ditect or ca~pwn~ial. ia odot~toa wlil~ ap condrsn~tloa at
otMe ~ ol t~ ~opaty. ar paet th~no4 or fae aonwyaua in li~ o~ ooad~mt~aboa. ar~ 1~ae~by ~d aad ~hall bs p~id Qo 3wnd~e a
Ia tb~ ev~nt oi a total takit~ o~ We Pe~op~atp~ ~ pe~d~ ~ha11 be aapiied ~o tls~ w~e~ ~ntr~d by t~io 1~loe~~ with tbs it W. =
pa{d to Boroaw~. In ~ Nnnt d a pertial takini ot I~w Propeeyr. ~e~ baROw~ a~d Iwed~e ~iar ~r~a S~ weitia~. tlr~n ~ltall b~ k
applied 1o th~ wm~ ~d bp this Meefs~ wcb propoctioe ad tbf proaed~ ~ ia pwl b fhat ~o~p~oetiaa whieb t~ a~rnt d tl» n~
Noserd b~r this ~lae~~ ia~iatelY P~ to tb~ dat~ d iaktns bwr~ 1o tl~ tair m~k~t ralo~ of tLt ~'opKt~? immdta~b ~ioe to tL~d~ d ~
suldni. witb tbt balaaw ot ths proc~ed,s paid to Boero~r.
U du Pt~op~? ir abandor~d b~? Baerow~r. a i~ aitrr nedos bY Iwnde~ to Aoee~ow~ t~t ~ht ooe~damnat olbn to mak~ ~e ~ward o: ~tL s
elaim for da~syw. Bo~eow~r faib b re~po~nd to I~eod~r wi~in 9Q daY~ ~ tbe dai~ ~och Qotlor ii maibd, I.~d~ L wtlwzi~d b ooWa! aed
•pp~r, tlae Deaow~b. at I.end~l~ optioa. eith~r to rMtoration a repau of tbt g~o~rqr ae to t~ ~om~ weur~d b~? ih~e lidatts~ ;
Uni~ Iwodrr and Bo~owK otMev~fN ~i~ ~.V w~h appliatton oipeooNd~ to prin~p~l shall aot estw~d o~ post~os~ th~ dw
dat~ d t!a moa@ily inrtaltm~ad ert~eeed b ia para~rapbs 1 at~d 4 l~eeaf or chaap t1a amuanL od n~ i~b. ;
10. Borrower Not R~leaaed. E:lesdon af tb,e tim~ for paym~tt ar ~ of amo~iisa~ca ot t!?~ rams ~eatrd b~ t6i~ Moei~~a
~rane~d by I.eadar to any •uooeaor in int.re.t of Bo:e~o~wer s6id1 noc op~rav co rst...., in any maaaar~ @,e l;abiliq+ a[ tbe aeisin.l Bo~ro..~ ~
and Boteorrer's w~ooerwrs in interert LeAder s1?all not be raqnired to oammanos R+oadia~s aninst auh ~acMeor or retw+to tataad tim~
for paym~t or ot6~vrise asodifY amortization of the ~na~ ~scured bY tbi~ l~arts+~e hy na~on ot as~ d~m~!~ ~d~ bY t~l~s oti~inal Bo~ro~ra
and Borrowd~ succe~ois in interest. `
11. Forbear~noe M? I.ender Not a ~Vair~r. Aay forb~aranae by La~d~e: ia e~cacid~ aaY t~ht a~ rsa~dy bu~aude~. a~ othawiK
afforded by appticabk is~r~ shall aot be ~ w~ivar of or pereJnd~ the eueeel~s of aap ~wsh ~bt or ruasdy.'ILs penwramat d inwrano~ a~ tM
paymeflt o! taxes ar othe: li~u or ehar`e~ by I.end~ rhall not bs a w~~iwr of Lnder'~ ri~ht to ~ax~eest~ tM mat~ui~jr ottht iod~biedntN
seeveed by thia Moet~a~e. ~
12 Remedie~ (~a~elative. All remedia pcovided in thi~ Meetsa~s e~re disbact ~nd Gamalatiw to aay oth~e ni~ht o~ rsmsd~y ondR tl~
Moet~aRe or afloTded by law or equity~ aad may be ~ecci~ caieurrmtly?. i~adeattY or ~ooosedvtly. ~ _
la suooeawrs ana A..i~,. Eo~nd: Jotnc ana sever.l I.tabitth: C,~tbeu.'1l~e oowaana aod a~r.ea~enh heran «,ntaiaed.baU _
bind. and the right~ ha~ennda ~haDl ianre to. the e+espective onooeaon and a~si~cn~ of Lend~r and 8orrow~r. soblrct to t!~ ysov~aoas d
ParaB*aPh 17 ben+oL All oovenants and aareements of Borrower ~hall bs jair?i and wveeal. T!~ oap~ions atd he~np of th~ para~rap~ a[
this Mort~aQe are for ooveaienoe only and are rwt to be ~ued to inte~peet or det~as the pcovi~doo~ hereo~ _
1~. Notioe. E:cept fos any notioe requind unde: spplicable l,iw b ba sivm in aewiher mannar, (a) any noaoe ~o Bors~o.~?er Rovided f~ in
tnis Mortgage shall be given by mailin~ snch notice by ae~RiSed mail eddre~~ai to Barower at the Property AddeeM or ~t sa~ ot~er ad~rar ~ ;
Barrowes maY ae~iSnete by notioe to Leader eu p~ovided he~ein. aad (b) any noec~s to Lesder.bali bs Qivas by oattised mai1, retnrn rsoeipt -
req~ated, to Lendez'~ addrew rtased hee+ein ~ to snch other addras a4 I~es~de: m~? ds~aate by notioe to Boirower as provid~d bee+edn. Mp ~
~ notioe provided fo: in this Mort~agc shall be deemed to have been given to Bo~ro~ver o: Le~?der when ~iven in t~e m~ desisnatad l~ia.
15. Uniform liortgase; Governin~ I.sw; Severability.'l~i~ form of mo~tgase oombinea nniform ooveaant~ for natiooal nse aad no~-
~ uaiforr~ covenanta with limited vesiations by juriidiction to conatatute s uuifotm ~ecurity inrtrument aoverins nal prop~rty,'l1~s A~Lost~ap
shall be goveraed by~ the law of the juriediction ia which the Property is located. In the event that any provision or clauas of thia Morqts~ear
~ the Note conflict~ vsith applicable law, iuch conflict shai! not affect other proviaioaa of tbia Morigs~s os the Note which can bs ~ven e[Ese.t
~withont the conflictin~ provision, and to this ~d the proviaions of the Mortgags and the Note arb declued to be ~everable.
, 1& Borrower'~ Cop~+. Borrower shall be fnrniahed a caafocused copy of We NoR~ and nf this 1ltortsa~e at the time of taecutioa or at'ter
recordation hereof.
Q,n ~ 17. Transfer ot the Property; At~umptiow If all or any part of the Propaty or an intEee~t Weeein is wld or traaiferi~ed by Boero~r
'""~.withont Iendefs prior written coasent, excluding (e} the creation of a lien or ~camb~ranoe subordinate to this Mort~eje, (b) t~e cr~t~a d a
purchase money sec~rity interat for ho~ehold appliances, (c) a tranafer by devi~e, de~cent or by operadon of laa npon tlie de~?ih of a joint ~
tenant or (d) the ~rant of aay leasehold iatere~t of three yean or lea~ not caatainia~ an option b pnrche~e, Leade~ may. at i.eoder'~ optian, ~
declare all thc ~ums ~ecared by thia Martgage to be immediately due and payabk. Lenda ~hall have aaived wch op~on to aooekrate i!', Priat ~
ta the_sak or traaafer, Lender and the persoa to whom the Property is to be soW or transfsrred reach agreemeAt in wrritia~ tbat the crsdit oiwch '
persoa is satiafactory to Lender and thet the inter~st payable on the suma secured by thu Mortgage shatl be at ~nch rate a~ I.eader shal! ~
request. If Lender hes waived the optian W eooelerate provided in this paragraph 17, and if Borrowd~ anoces~a: in iaterat has esecvted a _
III r ~ writteA assumptioa agreement acoepted in w+riting by Laides. Letider ahall relesie Bonower from all obli¢ationa under thi~ MottsaQe aad tLe
~ Note.
If I.ender euercieea such option to accelerate, l.enda shall mait Borrower noRice of scoeleratioa in accotdanse writh para~raph 14 hereoL
~ Such aotice ahall provide a period of not leee than 30 daya ~om the date the notice is aaailed within which Borrower may pay the rums decland ~
[`~¢ue_ If Borrower faila to pay such rums prior to the expiration of such ptriod, [.ender may, withouS futther noticx or dtmand on Borrower~
invoke any remedies permitted by paragreuh IS hereof.
18. AcceleratloA; Rea~ediea. E:cept as provided in pars~raph 17 hereof, npon Borrower'~ breacb ot ~a~? oovenant a
s~reement of Borrower in t6i~ Mort~~e. includin~ the oovenanta to pay wben dae any wnts ~ea~red by this ltort;a~e, I.esndee
prior to woceleration sball mail notice to Borrower a~ provided in p~rasrap6l~ hereotspecityin~: ll) the brewcb; (2? ~ sd~ .
required to cure such breach: l3) a dste, not lesa than 30 days trom the date the notioe b mailed to Borrower. bp M?h1c6 wds
breach must be cnred; wad (4) that faiture to cnre wch breac6 on or beton the date apecitied ia the notkx ma~r rewlt ia
~coeteration of the sams kcured by W is Mortaa~e. foreclwure by jndicial prooeedins and sale ottbe Property. The notice shall
tnrther infora~ Borrower of t6e ri~l~t to reinstate alter acoelerstion a~ the ri~bt to as~ert In the forecloa~re prooeedfas the
non•e:iatence of a defanlt or aqy other detense ot Borrower to aoceleration and toreclowse. If tLe brei?c6 is not cured o~ or ~
before t6e date specitied ia the notice. Lender at Lender's optlon may d~clare sll oi tbe ~ sea~red bp this Mort~ase to bs ~
immedlately due sud payable witho~t furt6er demand and may forectose t6L ~iost~~e by judlcial prooeedins. Leuder shaU be ;
entltled to oollect in snch proceedin~ all e:peQSea ot foreclo~un, Ineindins, bat aot limited to, reawaable aRtorney'~ tees, ~ad -
cosis ot docvmentary evidence. ab~tracts aad tftle reporta. ~
18. Borrow~~'~irht to Reinatate. Not.vithscandinQ I.ender'• aoceleraaon of t},e sum..ecnred by ehi. Mort~a~e. Barnwer shall baw ~
the right to have any pmceedinp be~un by Lenda to enforce thie Mort~age di~oontinued at any timm prior to eat~r of a jadsm~at eafonaa~ ~
thia Mortsa~e if: (a) Borev~er pays Lenda all auau whech ~roaZd be tbea due nnder this Most~a~e, the Note aad aotN Mcurins Pht~ ~
Advanoa, it any. had no acoetetation occurred: (b) Borrower curea all bnaclus of any other ooveaants a asre~m~nts of Borrowsr oontaind ia ;
this Morsaege; (c) Borrowrs paya all rea~sonable ezpensea incurred by I.eader in enforcing tbe ooveeaate and a~reemeat~ ot Soerowre
oontained in t}~is M~age and in entoerins L~?dei ~ remedi~ w provided in para~raph 18 hereof, inclndins. but aot timited to. tewoo~bl~ ~
eKarney's fea: and fd) Borm~ver take~ wsh adion as I.ender may reaaonably require to as~nre that the lien of thia Mos~aa~e, I.aidat'i iat~s+rt ;
in tbe Propaty and Barrower'~ obli~atiot? to paY the ~nms iecured bY thi~ Mortga~e aha11 coatinoe unimpaired. Upoa wch ps~mrnt and can
by Borrowa. thi~ Mort~a~e and the obli~ationi secured hereby ~hall remain in full foroe aad dfect u if ao a~al~alion 6ad ooca:r~d.
20. Assipuwent of Renta; Appointment ot Reoeiver. A~ additional secnritY he:eander~ Borrowe~ hec~bY a~u to LeadK tl~e evnt+
of tbe Propaty, Psovided that Borro~ves shall. Prior to eeooek~ation ander para~raph 18 hereotor ab~ndonment of tbe Propaty. bav~ tM ~ht
to collect and retain snch rer~ts aa tbey become due and paqabla.
Upon aoakration aada gazagraph 18 bereot or abandona~ent ot ehe Property, Lender shall be antitled to hnve a receives apgoiated bp a
oonrt to enternpon, take po~n of end manage the Property and to collect the reats of tbe Property. inclndinQ thwe p~sE dw. All reoh
oollected by the aaoeiver ~hatl be applied firaL to payment of the ooah of mana~ement of th~ Propecty and colkctioa ate+snts. indudins, bat nd
timited to. reoav~'s fee~, premiams on reoeiver's bonds and reuo~able attotae~s fee~, and tbea to the ~nm~ ~eeored by thia Ma~.'1L~ -
reoeiver ahall be liable to scoonnt only for eho~e raat~ utnally reoe~ived.
~4 p~ 921