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Lendet's wntten agrermrnt or appli::~hlc L~w Hc~rroN~r ~hail ~,a~ th~ni of all MdK~e incur~nre prcmiumc m the
:~:rr,e; p;ov~ucd uiiu'cr paragraph ? hereoi
Any amounts ditbursrd by 1 cnJer punu~nt i~~ th~c ~~r.,gr~ph 7 u~th ui~ercct thercon ~hall f+ec~~me additional
indcbtedness u( Borruwcr serured b~ th~. ~1~„~~;,,gr l•nlr,. H~,rr~+.~rr ,,n,! t rn,lrr :~~r~r to othrr termc ~f payment, wch
amo?ints shall ht pa}'ablc upun n~~ti.r (n~m 1 rndci A~~rr~~urr rcyuc.iin,~ ~~,~~mrnt thcrr~~( an~l chall haar intcrcct (rom the
Ja1e af ditbursement at the ratc p~~•aMe fr~~m timr t~~ t~mr ~~n uutct:indin~ ~+~rn~i~al under thc Note unle« payment o(
i~terest at such rate w~ou1.7 be cuntrar} i.~ a~phcahle L,~. ,n..h~rh ~~eni .uch am~~unt~ ,h,ll txxar intere~t at thc highest rate
ptrmissible under appLcable law Nuthing ~~mtaineJ ~n thi, ~~ar,~graph 7 thall requirr 1 ender to incur any expense or takt
any ~ction hertunder.
Isspeetion. Len~er ma~~ mal~r ur.ausc ti~ he ma~ir rra~c.r.ahlc rn~ric. ~~~.,,n ~nd ~n~pc;h~~n~ ~t the Pro~crtp. provided
that I.tnder shall give Aorrower nuti.r pri~~r to any .uch m~{~r~tu+n ~~,~~"(~~ng r~a«nablc c~ucc therrfc~r rclatcd to I_ender's
interest in the Propcrty.
9. CondemoaHon. Tht pr..ceedc of any award ~r rtaim for clamaeec direct or c~~n.cyuential. in conneciion with any
condemnation or other laking of ~he Pr~~~.er1y, ar p~rt thcre~~f, i~r ~ur c~~m~r~•an~e in licu o( r~•ndcmnation, are hereby atsigned
and shall be paid to I.ender.
Tn the evem of a total t~king of the Pru~e~ iy ihe E~ro~er~ic ~hall he ,~~Ge~l tn th~ ~umt cecured by thic Mortgage.
with the eKCess, if any p;~~d t~. B~~rr~~~rr Ir. s?i~ c~c^t t~~ a partial t:+F,inF ~~f thc Pr~~~cr~~ unlcz: BorroM•er an~ I.tndcr
oiherwiu agrec in writing. thcre shall bc a~pl~r,l t~~ chr ~um~ .e.nre.l h~ tFn~ '~t~~nca~~ au.h propartion ~f the procteds
as is equa) to that pmporti~~n .+hich thr :~m~~u~H ~+f thr ~um. .r; v~rrd M th~~ \1rrt~.,er immcdiatel~• pri~r t~~ the date of
hkir.~ bears to the fair market valur uf thr Pr~~p~~r~~ ~mme,i~,,~el~ ~n~~~ u• thc ,la~r ~~f iakin~;. H ith the halance of the proceeds
paid to Sorrower.
If the Proptrty is ahand~ned h~ B~~rr~~urr. ~~r if. :~ftrr n~•tic~ h~• I rndcr t~~ Bi~rr~.wer that the condemnor ofTers to make
an ~ward or settlr a claim for Jam;~~~. R~~rravver (aJ. t.• rr,p.~nd t<~ I rnder ~ithin z0 days a(ter the d~te tuch notice is
mailed. Lender ia authorited 1o rnlltct and ap~l} ihe pn~c~rdc. at l rn.irr'. ~~ption. either to rcctoration or re~+air of the
Propeny or to the sums secured thic Me~rieaec
Vnlesc I_ender and Borro~er other.+;.~• agrcr ~n ~aritin, an~ ~~i,h ;i~~~lic.iti~~n c.( pnti-cedc t~~ princir~l shall not extend
Or postpont thC duC d~te c~f th~ m~~nthh intilellmrrth rrf~rr:d t~~ in ~~,~r:i~r,c~~h. I and herc~~( ~~r ch:tn~C the amount of
such installmentc.
10. Borrowe~ Nof Rekaced. F~trnc,~.n ~~f the i~mr f~~r racmrnt nr m~~d:fira~i~n ~~t :~m~rh~ation of the cumc seeurtd
by this MortFagr qrantr~l h~ Lc~.frr t~• ~n~ .uc.r.,,~r ,n ir.tcrr.t ,~f Brrrr~~cr .h.iU nc•t ~~~,rratc 1~ rcleasc. in any manner.
the liabilit~~ c.t the orieinal Burri~KCr ;ind R~~rri~WCr', tiu;~~~.;~r. in intcre~t 1 en~ler ~hal! nnt he reoiiired tn eommence
proceeding~ against such tiuc~e~sur rr re(u.r t~, r~~cn,l ~,mr f~~r ~~vrn~n1 ~~r otherwi~~ m~~.fif~ :~m.~rtization nf the sums
secured b~• thic Mortgage hv rca~~~n rf :im dtm.?n~l medr h~ the e~ri~inal R~~rr~~uer ;~nd B~rn~w~er's cucc~Stor~ in intert5l.
11. ~'orbe~rance b~ l.ender \~d a K'ai~er. .~m f~~rhriran:c ht I.cndCr t~ e~er~ic~ne am• right .-~r rcmedy hercunder, or
otherwfse affor~lcJ hy :s~~li:.~hlr I.~w .h,,ll r,~.+t h~ u.iic~r ~~t ~reilude Ihc c~rr~i~c ~~f am ~uch riRht nr rCmtdV.
The pro~nrrment c~f insuranic or thr ~~tim~nt t.~~,. ,~r ~~Ihcr I~cn. ,~r ~h~r.:~ ht 1 rndcr .h:ill n~H he a~~:ii~er ~f Ltndcr's
right t~~ ac~rler.~rt the matutiR i~( thi~ in~lrhtc~tnr.. ~r_ nr~t1 h~ th~. \1~,r1E.~er
12. Remedirs C'umulali~r. Ali rrmr~l+r. ~r,,~. Jcd :n th~~ \1~~rte:~,r :ir< <!i.t~n.t ,~n,! ,;imulalivr to em~ ~~ther right or
reme.i~ under thi, Mixt~tagr ~~r :~f~~~rdi~1 h~ I.r., ,~i ryi~~t~, .~n.l m.~~ h~ i~~r.,.r,i .~~n,;irrrntl~ inde~rndenlh ~r succecsively.
13. Succrsson and'AsslRn~ 8u~md: Joint and Se.cral 1 iahilih; ('aptiun.. Th~: ~n~cnants :ind aerrementc herein
conta~ne~ shall hind. and ~he ri¢ht. hcrcunt~er,h.,ll ~n~nr te,. t'~r r~.~,r,i~•,~ .~~.,r.•:,r, :~n,l a.,icn. i.f 1 enilrr .~nJ Borrouer.
sub}eCf lu IhC p'o~•icion~ (lf F/i![:ll(J~1F1 17 hrri•~~! A!I cu~en.inh .~n~i ,~~~cem~n~~ n( Burn~kcr Sh:~l! he ~~,int and stveral.
The captions and head~ng. i~f tfic p,~r.,,•r.,;.',. .~i ~h„ ~t,,rt,:.,,~~ f,~; ;,.m~mcnr< <~nl~ .~n~! ,,rr n,~t t,~ hc uted to
interprct or define Ihc rm~ici~~n. herc~~f
~a. ~,~iOUCG FCCCQI fPf an~' n~~ti:r rry~.nri~~ un~i,•, ~.r.~ h: s~ni'n in :ln.~ificr mannrr. 1~1 :in~' n~tice t0
Bu~ruvver ~rc~~'ided f~~r ~n thi~ t1:~rl~:~ec ~t,.~ll Fk' Lrin h~ ni.ulin,• .u.h n.,t~~i h: ,i•rt~fiitt nt.iil .~ddri"~d f~~ Bi.rr.iwer af
Ihe Propcny A~idr~~~ :tt ~u~h iHhrr .~i1dr~,. R~rr,~~~~•r n~.~~ ilr~~~n.~ti h~ ~,~ti,: 1~~ 1 ~n~1~r ,~t ~r~~~i.trd hcrein. and
(b) am notice to 1 ender shall hr ei~rn h~ ~ert~fi~,) nti.~:l rrt~~n, ~i.i:E•r riycr.t„i t~~ I cn~~er', ad~lrr~~ statrd herein or to
' cn,-h ..~1,0~ 0.~.1. ~....,t.. .t. ~
___.t".. .,..i-:~.~t: tt.~~~.~ i;...~, ,.c~ ~,~.~+~~i:~i ~,crc~~~ ~~n~ n~~n:C ~f~~~•iOC~i ti~f itl Ifllc I
;1lortgage shall he dcCmed tu h.i~r hr~n~t~~i~n t~~ f1,.~rr~,•.~~r rr I ~r~;!~•r .•h~•n ~,~ri+ in t?ir manncr ~1c.ignated hcrcin. '
l5. Unifor~ Atorl~a~t; Co~erninL' 1 aw: ~c~crabilit~. 1~ r~ ,~f.rnrrt~•.i~r .~~mhir~~~ iir.i'c~rm cc~ti~enant~ fc.r national
~ use and non-unif~,rm Ci~~Cnanl~ ~~iih iir~itr.! ~.~n.~t~~~.r~. h•, i~r. .~f~.1;,,,^ ,~,n,1itiitc ,l uniti~rnt ~c~urit} in~trumcM rn~~ering
~ real propert}~ This !1lorlg:,ge Sh.~!I br e~~tc+ur~l thc !.i•.~ ,~f tf~c i~.ri,~n :n .~tn~h Ih~ Propert~' i. li~~ated IT? the
` event ~hat any ~rovisii~n ~r cla~~.e rf thi, \1~~r,"~:: ,~r rhr ~~~~r ;:~nrl~;r. ith ~+'i~.~hle IaH .n,h ic~nftict ~hall not affect
S olher pmvisi~~m of this A1~rtr.igc .,r ih~• \~~r_ ..h, t, .~r.• , , .ti.. ,,..n. ,~r . „ ~d t~ ihis
~ end the prmisi~,n~ ~~f thc 11:~rteacr .init thc `..~1r .iri . Lri~1 t~ F~r ~~~~_r,:h!, . . , . ~ • . \
° 16. Borrower's Co Borr.~~~r ~h;ill h; fi~rn~~h~~l c.~n(,~rmrc :,t t,,• ti,t, e ~
5 P. ! ~ ~.~nJ th~~ ~1~rtg:tgc a, the timc
~ of execution or afttr re~urdati~in hcrr~~f
~ 17. Transfer of the Propert~::1«ump~iun. 1! a!I ,,r ,~.~r~ ,~f ~hc Pr~~~,rrt~ ~~r an mtrr~.r ~!~;;c:n i~ ,rld rr (ranc(erred
by Borruwer Hithnui I.ender's pn~~r uri;t~~f „~n~rn: ~~~1,~,1in~ thc ,r~.~h+~n !~~n t+r em +irnhr,ince .~ih~vJ~nate to
- _ lhis Mortgage. (bt lht crcat~un i~f ~uriha~r m.~nc~ ~:~urft~ inlcric~ (~~r h~~u.rh,~!,+, :i~{,li,~n:r, I~i tran,fcr h~ de~~ist.
=L descent or b}• uperation ~~f lat+ u~c~n Ihr ~~rsth t~n.in! ~~r i~l, th, c•e;i~ .,f .u~~ ir.~~rh~~ld ~ntere~t nf fhri•~ t~ar~ itt ICSS
t__- not containing an opti~n t~~ purch~se. 1 en~icr n~.~} .,r I ~~~.1_•~'~ ,i~•.!.~r~ .~`t ~t,; ~um, ~c.ur~d h~ th~; ~1~,rtgaRC to bt
' immed~atel}• duc and pa}ahlr Lrndrr tih,,ll h.,.c ~..~~~~J .~~;h ,~p;~.,,, f., .,~~~Icr.~tr ~1 ~ri~~r i,~ thc ..~Ic nr trans(er Lender
i
i-`~~' a~d the pcrsen to wh~m thc p<<)~tfl~ i~ t~+ hi ~~~I~I ~ir li~r~l~friii r~_.i.l~ .:Z•rii'r~cni ,r~ .at:t:':~ iFl~i lh~' .~c;.lit ~u:h person
is satisfactor} to 1_endcr ~nd th.,r the ~ntcre~t pa}.~hl< <~n thr •;~ni. .,ci~rc~1 t.~ thi, ~t~,r~c.~cr •hali bc at such ratr a5 l.endet
shal! requrst. )f l_endcr has wai~eJ thc op~i,~n t,. ,~;i~•!;r.,tc pr~~.~.ic~~l th~. ~.~~.,e:,,~h t?. aud B~~rr~,.+cr\ ~.~iccc,~or in
interest ha~ erecuteJ a wnurn astium~t~~~n .~~;rcrrnrnt a,.~;u:d ~n ~,~~r~~,;~ t;~ I en,lrr I rn,1~r shall refea~e B~~rru~~er from ali
~ obiigariions uncier tht~ MortF:~qc and th~'~~te.
r: Ff Lender CtffC1~CS such npti~~n f(~ .1:iC~Cf.iiC. ~Cns?~¦ fi~:~~~ {;:~t~~~~~C/ rN~h:C .r::C~tf.lhi~fl lil ~ccordance WI~~t
P R P p prri,~~l ~~t n~~±
~ ara ra h 14 here~f Such noticr shall roti•,de a Ies~ ~ha~, Zfl ~1a}~ frnm the date the r~otirc is mailed within
~ wh~ch Borrower may pa}~ Ihe ~ums de:l.,re~t dn~ If R;~rr~~.~~r'.~~I~ i,~ v~:h .;~m: rn~~r t~~ thc c~~iratinn ~~f ~~i:h period.
~ 1_ender ma~•. kith~~ut further nntice or d~n~and un ti,~rn~~~~r. in<<~1.~ ,~n~ r:m~Jirc ~:rrm~ltc,i h~ E~.~rati:.+~h 1R hcreof.
NoN-l%ti1F~)R?1 Co~En~vTS Borrower and Len~er furthrr „~.rn.,iit ,ind aFr~e ati fnllrw~: ~
_ 18. Acctler~tion; Remediec. F.xcept ac pro~ided in p~rst;raph 17 here~f, upun BorroNer'~ bre~ch of ~n~ co~enaM or ~
c: a~reement of BorruKer in thiti ~fort~a~c. includinR the cn~enant, lo pa~ ~~hen due an~ tume senired by this':Nortgagt, Lender a
" yrior to ~ccderatian chall mail notice to Borrowrr a~ prn.ided in paraR~~ph 14 hercof specifyinR: (1) the breach; (2) tht aetiun '
~ requfred to cure such bre~ch; (3) a date, not lew than 30 da~c fr~~m Ihr date the nolice is mailed to Borro~+er. by which toeh
k br~ac6 masl bt ctxed; aod (4) that fsifurc to cure wch bre~ch on or before the d~tt speci6ed in Ihe nofic~ may rtsult In
= sccdenfion of tht sums stcured by thi. '~1nrtRa~e, fnreclo.ure by judicial proceedin~ ~nd sale of tbe Property. The nof~ce
shall turiher inform Borro~er ~t thr ri~;ht lo rcimt~fe after zcceleratian and Ihe riQht to ~ueh in the foreclosure procetdin~
~ Ihe non-taisfence of a de(aull or any other defense uf Bonower b acceler~tion and forcclosurt. If the breach is not enrtd on
~ or betore the date specified in the notice, I.ender ~t I.ender's option ma~ decl~re all of the sums secured b~ fhis vtortga~e to be
immedial.ly due and pa}aDie without turther demand and m~~ ioreclou this ~lortgage by judicid proceeding. Lendtr ~ill
~ be eatitled to colltct in such p~oceeding all expenses of forcclnsure, inchiding. but not limited to, reason~Wt attornty't fets,
~ and costs of documentary evidence, abstmcts and title reports.
„ 19. Borrower's Ri~h1 to Reio~tate. Notwithct~rding l.en~er's accelerat~on of the sums cecurcd by this Mortaa~e.
~ Borrower shall have the right to have any proceedings hegun hy Lender tn enforce this Mortgage discontinued ~t any tirm
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