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H Inr{xctiun. (rnJrr mN> me?kr ~~r ~~auee tu Fk mede renwneblr ~ntnr~ upon and ~n~pe~c•uune utth~ pn~prrty. ~~r~~v~~1rd thxt I.•nder shi~ll
~::ve ii~~rr~~Ner not~:~ pn~~r b~ any eurh ~nepectiun sfxr~fying rraN~~naAle c~xu~e therefur rrlauyi tu I,endrr's ~nt~•mst in the 14~~~w•rty
('und~mnatiun. Th~ pnK~ewcle ~~f any ewxnf ~~t CItlIIi1 ~O~ Ai1f11Nf(Pe, (~I~MI O~ CupM'(,UPf1I1t/I, 1(1 ('~~Ilf1Pl'U~~h w•ith tiny rnndenznc~t~on ur
,~ther UikinK of thr pn~perty, :~r part therruf, or fur r~~nv~yance ~n lieu of condemnatiun, are hrrrt~y aner~KneY1 and MtIHII MP ~Nll~ GI Irnder
in th~ r~ ~•nt nf G~t:~l tak~nK ~~f ihe• F'ru{x•rty, thN pryK•rPCie Nhnll hr,~ppl~rci tu tht~ 8Ufi1!1 M~'('U~t~j I~IIN MUf~~(ti~(P, M'1lFl LF1P PXCPNM, 1~ HIl)',
;~ru~1 t~~ li~~rn~~•rr In thP r~•~•nt ~~f a pt~rtial tak~nK the 1'm~•rty. unl~nN Iturruw•~•r ~nd I~•nder utt~~•rvriN~• +~Krcr in wntinK, lhrrr ehall tH•
~ppl?~~i t~~ thr vuma ~uvunvl by th~a MortKaKe xu~h pru~~rti~~n uI I~1P ~)~I~l'Wti~N NM IM fv~Uill lu that prup~~rU~~n whirh th~• ann~~nt :~f the• ~um~
~~r•ured by th~e 11urtKaKr immrdiately pnur tu thr duG~ uf lt~k?nK tw~~~K G~ th~• f:ur rt~nrk~•t v:ilur of th~• }'ru~x•rty ~mmrd~~it~•ly pnur t~~ thrdatr ~~f
!.,kinK, with the b;~lanrr uf the pruceedx pa~d to liormw~er
lf the~ f'm~~rty iR ahf~ndoned hy fiornlwer, ur if, i?fter nohce by I.ender tu tiorrower thut the cnndemnnr uffere tu mak~•.in ~+wnnl ~~r ef~ttlf• t~
~ i:~im fur dxmaKc~s, F~~rruw~r faila tc~ reepond to l.endFr within :it? deyR iifter the di~te~ auch n~~t~~-r ~r ma~ltd. 1 rnclrr ~N siuth~~ntc~1 t~~ ~~~~llPCt and
~~~ply the proceede, at l.ender'e optiun, either u~ restoratiun or n~p:+~r ~~f thP propeny ~~r a~ thf~ HumN securtd hy th~H ~1nrtK~?K~'
t'nleHd I.c•nder and E~rrower otherv?iee agree in w~ritinR, nny euch appliratiun of pnki~c•de t~~ princ~pal shell nut extrnd or ~~Nt~~n~• the due
i,~t~ uf thf~ munthl~~ ins;allmc•ntx referrecl tn in parnKrnphN 1 und 2 herer~f or chan~t~ thr amuttnt~of euch inatallmFnte.
!U Burruwer'Vut 1{eI~~H!ik•d. F:xt~•ntiu~n ~~t thi~ ttim~ f~~r pa~}•m •nt ~~r m~~i~fi~~:~h~~n ~~f .~~m~rtizatiun uf the• ~ums.~ti~ur~~! h~• thiti \1urtK;~~;~~
:;r.intf•ci h~• I.ender tu :~n>• su~•~•~~.s~~r in ~nte•n•,t ~~f fi~~rmw~~r ~hull nut up~~r:?/~• tn n~l~ ~n ;~n~• m:~nnrr. th~• h.~h~Gt}• ~~f th~~ ~~nKin~i! f4nrruH•E•r
.+n~1 I~urn~w•i•r's nuri•~~.+~~rK ~n ~ntrrest Iwmdi•r.h:~ll nut ik• nr~u?rF~1 t~~ c~~mm~•nce pr~~• ~•wf~ri~;v:~~;;i~n~t tiu~•h yuccrK:;~~rur rrfurF• tn~•xt~•nd tim~•
t. ~r pt?cme~nt nr ~~then+ive m«1~f~• :~nu~rtif:ih~~n uf thr ~um. sfti•unvl b~• this ~1urtK:i~~~ L~ rv•a..~~n nf :~n}• d~•m,~nd m:+dr h~' thr~~n~;~n:+l finrru..~rr
~nd ;i~~rr~~~+•rr's ~uc~~rtis~~r~ ~n intt•rc:tit
1 l ForbearHnce by I.endPr h'ot a Vb'i?i~•er. !~nc furtx•ar.incc~ b~• I.c•nd~r in rxerci~:irK un~• nKht ur remed~• h~~n~undf•r, ~~r uthPrw~~se
~ ff~~rded by E~pplicable law, shall not br .i w~.ucc~r nf ur pnvlude~ the rzer~~~ge ~~f um• .u~ h n~;ht nr re•m~dr•. 'Th~• pr~~c~uremrnt „f in4ur.?n~~• ~~r the
,~~~r•mrnt uf txxes or other lieny or char~;es by I,ender sh.?ll nut be ~i w•,~i~~c•r of I.c~nder'v r~Kht t~~ .~~~ce~lerate the m~turiiy nf thr ~ndrhU-~lnryH
:~~•ured by thia Mort~aRe.
1'L. Remediee Cumulative. All remedirs pru~•ided ~n thia ~1ortKaKF are dixtinct .ind cumulat~ve to ~~ny other nRht ~~r rrmc~cip under th~e
ti1~,rtraKe or afforded by law ur eyuity, and may t~e exerc~arri ~~,ncurrentl}•, inde~•ndf~ntty or suc~•t•44;vi•ly
i:t. 5uccese~orH xnd Ayaignx Bound; Joint and Several l,iability; CaptionH.'f'h~• c~~ci~nants und :~~;rermerits hrn•tn ~~unt.unr~i Khall
h:nd, and thF riKhtx hereunde~ ahall inure tu, the rr4p~~-tive yuccesa~~rx and aysiKne ~~t l.~•nder and Fiurr~~wrr, suhj~7•t tu thr• pru~i~~unR ~~f
~~xraKraph 1 ~ hert~~f. All cu~•enant~ and aKrc~•mentr, ~~f Eiorruwer shall be joint and we~~eral. Thf• ~~.ipt~~~nw and hr<?dinKti ~d thc• p.ira~;raphy of
;tiu: 11urt~aKe are f~~r cuc~•nit•nc-r unlt~ :~nd are nut tu br usc~ to interpret ~~r define• thr pn~viti~~~ns hc•re•t~f.
t t'Vuticr. M:ri~~•pt fur :~n}• n~~licr rryuir~•d undrr .~pplic:~bl~• lavv tu t~~ ~~~•f•n ~n anotht~r m:inn~•r. ~:~1 :~n~• n+~ti~ t• t~~ li~.rr~~w~•r ~~n~~ ~d~•,1 f„r in
;h~. tit~~rt~;xKe ~h:iil tx•K~~rn b}• m.ulinK such nut~c•eh~• ~•f~rtifiecl ma~l addre;se~d t~~ F{~rrrc~wrr<it the f'rnEx•rtc Ad~irt•~ti„r:~t tiuch ~~th~•r:~~i<i~E~He ay
+i~ ~rruwer m<?~• drtiiKnate by nr,tice to I.ender ns provided herein, and Ibl anr ni~u~e~ tu I.c~nder shall be Ki~•en by certifird mail. rrturn receipt
r~-caueated, tu 1.~•nder'v ,:ddress statcv~ herein nr to auch uther addrevs aH l,ender ma~• desiKnate b~• notice tu ft~~rruwer ay pro~•~ded herf•in. Any
n~tu~c• pru~•idE~ci fur in thi~ 11ort~a~r sh:~ll tk• dermc~c! tu hn~•e t~ec•o Ki~•en tu 13~~rruw-rr nr 1 A•ndF•r wh~•n Ki~•F~n in thr ~n.inner de~siKnata~ herrin
l: l'niform NortK:tge; (;overninK I.aw; Sc•verability. 7'his fnrm ~~f murtKa~;~~ c~imh~ni•~ unifurm ~•+~si•nantr fur na+tiunal and nun-
ir,;furm cn~•c•nants with Iim~ttYi ~•anati~~nti tr}• ~untidu•tinn t~~ ~~~~nst~tutf• a un~form sc•~ ur.ty in~trururnt c•~•~•t•nn~ rt•.~I pn,pF•rt~• 7'h~ti \1urtKaKe
~hall tx~ Kuvern~~ci hy the law ~~tth~~ jun~dic•ti~~n in whii•h tht• Prnpe•rty i. kH-at~Y1. In thr t~c~•nt that am~ prn~•~~inn ~~rc~l~iuse ~,f th~s ~1nrtKaKe nr
t h«~ \ute c•i~nflicts w•ith applic:iblr 1.~~+. such cunt3t~t sh:ill nut ~iffiY-t utht~r pr~ra~i~~nns nf th~~ \t~,rtKa~;r ~~r tht• \utr Kh~ch t an tk• Kn•Pn Pffect
.t ~th~~ut lhr ronfl~~•tinu prr~~~isi~~n, and t~~ thi~ e•nd thr yrn~~itii~~nti of thc• titurt~;:~K~• and the• \iitt• are :!t•cl~irrd t~~ hr vr~'rr:~h1~•
I h. Borrov?•rr't+ ('upy. I~rrr~~w~rr shall bc• furntvht~l a c~~nf~~rmc•ci c~~p~~ ~~f thF tiutF• and uf thi~ ~1~~rc~;aKe at thf• t~mt• uf t~xcKVhnn ur :tfter
r~•r~~rtlation hereuf
Transfer uf the Property; AyHUmption. [f .ill or any p.+rt of the Yru~•rtc ~~r an ~nt~~re~st thc•rrin is suld ~~r tranr+~~rrrd b~• liurrowrr
•~,thout l,rnder's priur wntten conxent, excludinK ~a~ the ~~reatiun uf a hc~n ur encumhranc~• vutN~rdinatN U~ th~s 11urtKaKe. ~b~ thecreahun uf a
',~urrhae~ money eerurity interret f~,r hougehnld applinncPe, Ic~ a tranefer by drvi»e, d: scent or by ~~per~tinn uf law• ~p~n the death of a joint
t.~nxnt or fd 1 thr Krar.t uf anp Irasehuld intPrest of three years ~~r lesr nut cuntainin{C :in ~~ptu~n to purchase, I.ender m:+y. at [.ender'a option,
i~~~ lare all thF sum~ securrc7 h~ thi~ !N~~rt~;aKr tn t~ immc•diatc~h• duc~ and payable. l.endrr shall hi1~'P K':1R'fYI SUCFI upti~rn tu accrlFr:+tF~ if. priur
thE~ sale ~~r transfer, l.~~nder and thr FH~rs~~n t~~ w~h~~m the ['r~~perty~ is t~~ tk• tiuld nr Uansfertrd rra~~h akrw~mrnt in writ~n~; that thecrcdit ~~f such
.~~•rsnn is satisfactun~ t~~ 1.~•ndrr and th:it tht• ~nterc•at p.i~~.~hlt• un tht~ ~umti ~ce~vrrd hy th~s \t~~rt~;a~;e ,h:ill trt• .~t .uch r;itr as 1.~•nde~r shall
r~,~ue.t. if ixnder h.+~ w•a~~rd th~~ upti~m t~~ 41C1'PIk•f:1lY pr~~~•idrd in thia paraKraph I~. and ~C finrn~wE•r~ti ,~c•res~ur in ~nterc•st hati t~xr~~utt~1 a
nttc~n a~tiutnpt~nr, :i~;n•~~m~•nt r~r~•~~ptr~d in w~rit~n~; h4• I.~•n~lE•r. I.~•n~1!•r tihall rr•I~•ase Fiurn~w•rr fr~~m :~Il ~~hl~k:it~un: ~~rzde•rthis ~1nrt~aKF anri the•
V~, ,e•
If Lrnd~~r rx~•r~ ist•s su~ h~,p[iun tu :~r~~ri~•r,~te•. Lt•nci~•r sh.Jl m:ul fi~~rn~K~•r n~~t~ce uf arr~•le~r.~ti~~n in :~~•n~r~an~ M•ith para~tr:~ph : 3 hereof.
i -.i:hnntir~•shallprv~~~ide•:~p~•n~~d~~ft:.~tl~•vsthnn ~~~r1:~tvfr~~mthrd,~te~thrnuti~•r•i~n~:~~l~•~1«tth~nwhi~•hfi~~rrmv~•rm,icp:~~•th~•sum,r~ei•larc~:~
(f Fi~~m~~ti•r f:~il. t~~ p:n sui~h .um.~ prv~r t~~ th~• ~•xp~r;iU~~n ~,f :urh pi•n~~~i. L~•n~1F•r rr.,i~. x~th~,ut furth~•r n~rtir, ~~r ~i~•m~~nd :~n fi~~rrow~•r.
r~~~~kr ~~n~ n•mr~l~~~ti pe•rrlutt~Yi h~' s~.~r.,~;r:~z~h :r h~~r~•~~f
~ I ti. ~~ccei~ration: Rt~medit~ti. Ex~•t•pt xK pr~~vided in pareQrxph 17 hem~~f, upon Rorr~~w ~•r`ti breach of Hm- co~•E•nant or
; ~sKreF~mc~nt of Borrower in thiK NortQaKe, includinK the~ rnv~~naoty t~i pa~~ w~hc~n due any yum~ y~•cur~~d b}• thiy 11~~rtRaKe, l.ender
y ~~ric~r to acceleration yhell mail notice to Borrow•er Hx provicled in paraQraph 14 hereof Hpecif~•inQ: (11 th!• breach; l'll the action
' r~~yuired to cure auch brexch: 13? a date, not IeKq then 3(1 day~ from thF~ dat~~ the notice ix meilc~d to R~~rruvrer, by w•hich euch
hrt~xc•h must bc~ cured; and 1~~1 that feilure to cur~• 4uch br~~ach on ~?r bt~fort~ th~• date r+pc•cified in the notic~• mey reNUlt in
~~~•c elrration of the Kume s~cured by thiq NortRa~e, foreclosurc• hy judicial proceedinaand salc~ofthe 1'rnperty.The n~~tict>yhall
furthe•r inform Rorrower of the ri~ht t~~ reinytate after i~ecel~•ration find the right to ayaert in tht~ f~~rt•cluyure prcu~eedinK the
n~~n-existence of a default or any other defense of Borrower to acceleretion and foreclc>sure. !'the breach ie not cured on or
hrCure the date apecified in the notice, LPnder at Lender'q optic~n ma~• declere all of the sums •:ecured by this 11ortQa~e to tx~
i rnmedixtt~l~• due and payable~ w•ithuut furtherdemand end may fc?recl~we thiri 11t?rtRage hy judicii+l pr~~~•t~i~dinK. l.~~ndi•r ~hxll fi~~
~•nt itled t~? collc~ct in ~+uch proce~dinQ all c~xpc~nkF~!; uf fure•clo~ur~•, includinK, but not limited t~?, rrtt4un~htr att~~rne~y~'s f~•~•ti, and
~~~~tw uf d~~cumente?y evidence, abytrertx and titl~~ repnrtx.
14. E3~~rrower'w Right to Reinatate. tiotwithetandinK I,~~nd~r's a~cF•Irrat~c~n~f the ~:um~+gecured by thiK MortKaKc~. Fi~,rr~s:+e~r tihafl h:+~•e
! hf• nKht tn ha~•c~ an~• prnceedinKs Fx•Kun hy [,e~nder tu enfur~~~• th~~ :~1nrtKaKe discnntinucKl at any time pnor to entr)• nf a judKment rnfurcinK
•`:i~ tit~utK;iKe if: tai ES~~rn~w•er pa}•s Ik•nder all yum~ which K•~~uld he then ~1ue un~ler th~w 1ir~rt~aKe, the tic~te~ .~n~ n~~trti tirrunnQ I~~uture
i ~~1~•<tnct•s.ifany,h:idn~~a~cFler.~tiun~x~c•urrEd;ib~lirirr+~v~•F•rcun~~sillhrc~:tt•hrvi~f.in~•~~thc•re•~~~•c•nanLyorapCreNmrnt~nff3~~rn~ •c•r~~~nta~ncd~n
'~1~irtKaKN; t~•~ f;~~rr~~v~~er pays all :easunable exp~nties ~nc~urrcKl h~• [.ender in enf~~re•inR the covenar.tr+ and ~KrE~mi~nt~ r~f Fi~~rr~~wer
~,ntained in thiF :11nrtKaK~ and in enfor~inQ l.ender's remedies a4 pr~n•idrd in paraytraph 1 H hrrc~~f, includinR, but nnt 1:m~teK1 t~~, reaA~,nahlP
~tt~~rnc•~•'4 fef•~: .ind ~ d~ Rurrnwer takex suc~h act~~~n as I.ender ma~• rF•acunahl}• rc•yuire t~~ a~sure th:~t thc• fie•n nf this ~L~rtKaK~•. ( k•ndc~r~s ~nter~et
the Prupert~• o-ind Hnrr~~w~t~r's ohliKat~nn to pay the 4um~ sf~c•ured by this :~lvrtKaK~• shall runUnur unimpairc~d p~in ~cuch pa}•mrnt and curr
Rorrowrr, this MnrtKaKe and thr ubl~Katinn9 secured herebp yhxll remain in fulf fur~e and c•ffF~ct ar+ if n~~ ac~c~~l~•rati~~n had ~rcrurred
_ 10. Aeeignment of Rentr~; Appointment of Receiver. As add~tinnal Rec'urity hereunder. R~xrow•er hereby asAiRne u~ [,ender the rente
,f the F'rc:perty, pro~•idrd that Borrr,w•er ahall, pnor tr, acceleret~on under paraKraph I h hereuf or abandnnment ~f the Prnpert~~, have the riKht
',~~rlleot and retain such rentx ax they become due and payable.
l?~n acceleratic~n ~nd~r paraKraph 1K herec~f nr ab,indonmrnt ~~f th~ Pr~~pc•rt~•, l.ender,hall t~~ ~rntitle~i a~ ha~•e:~ rf~ce~ce•r ap~x»nttvl tr~ a
,~urt to enter u~xm, take pnHaeeAion ~~f und manaKe the Property and to collect the rentr. rif the Yroperty. includinQ those pHet duP. All rente+
_ ~•llFCted by the re~•Fiver yhall he appG~d fir»t trr p~t~ment of th~• cY,sGs uf manaKF~rnent nf the Pr~~p~rty and r~a~llecti~n ~~f rente. includ~nK, but nut
' rnited tu, receiver'!+ frf•~, prf~miums r,n r~ei~~Fr'g bondg Hnd r~.~s~~nablF attnrne~~'s fre~a, and thFn li~ the yume qecured t,y thiP ti1~~rt~aKe The
~•~vyr xh~il tw It:~}~Ir G~ r~rc~ount unl~' fnr th~IRP fPntt+ actuallv rec~eivFd
z~:'~ 40i P~~~ 913
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