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<br />�. , APR—Ol-98 td�D l0.31 AH GEFYfRAI. BA11K B �ItUS1' C0. FAlI N0. 3166630804 P. 12
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<br /> _ .C` ,(��'•.��It� •I • • ��� ��a�Y�� . t� .
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<br /> � ; '� Lettde:wtt?►wltatercl ot at te�c equa!'valuo to tha Ptug�ty aeautG Ey tbl�Seauig►T�st:umeat wWtaut pnejudtce
<br /> .< �. ` 5 ta�aY oi Lea�at'a dgt�ta wadet t�6os+uiry�+ ' �'-s;,.
<br /> `�. t.}, L. Notwlthatan6iag cny oY�e lu�uage eoaufned Ia iLft Sanricy�e to�hs wntrary.tha terms ot this s�edan �
<br /> e�11 su:vtve nay iotecicssm os satisfasttoa of tLis Seeutity inattaama�cegur�ess of aqy►pss�ag°of cido to Leader
<br /> " t � ��� or aqy diapoeittcA Dy Lender o8 aay or ell oY�he�icope�qt•.�Y��+�det�as°s co tha eoncr�►rry aro tierchy ''«
<br /> .,. . ,q
<br /> `�� waiVd.
<br /> or tbteateaed sct3na.bY Qrtvau or pnDttc - -
<br /> - �# 2p.CpTipffi�TATION.It+iortj{ogoi wtU give LaaQet ptompt aoHoe of u�y►pandln8
<br /> ' rt i4 tLmu condesanation. amtneet dom�� or any other�. �
<br /> � . �t� • an�ttes to p�aal�sse ar take iuY or aU ot t�PcapenY 8t► �
<br /> iu
<br /> ' . . 4 MOrtg�+D!udthOt�'Ees LmIlde!to LAtENede!�MOlt�8g0i'e IIet�le ia eIIy o�tbC BboYe ddTCtlbed ENt0�l9 oi Clalml.Mortgagar ',:�,
<br /> �= •� ,..,. a�i�a to Iccdar the p m c e e d s ot eay awud os cteim for dsma�w ooaaeaced wttb a eondecmnadoa or other talcta8 of a11 or
<br /> .S1�D proesed��hntl ba coaa3 d a�e d pa l N i e a t s�w i 1 1 b e a p p l i e d a a p m v i d e d i n t b i a 8 e�u c i t Y
<br /> °''�'. � I�n s�n mant.'i�ie�of pr000ed�f�enbJxt co ehe eeema of any pitor moscgag0.aee�oY wat�a�aurlty a�a►t or _
<br /> � . otte�lten Qecvmrnt. =
<br /> " �'��: 21.II�TSUXtAPtC�.Mart�gor s8rw tn aQaintain�asatmce as folIaws: 'F��
<br /> '"��..�;� .� �, A. Mort�or aLa�J�P�a�9 Wsuaed a8sinst[oss bY t'm�Qand,theit aad othes haxarda and sislce ceasanably :..
<br /> L � gsrty :�;.
<br /> , r. '�.��. assaei�teQ crith the PcogeKy►due to its type and t�mtloa.26b inatuanre aha11 ba mafnt�taeG in Q►e amoau�s aad for t
<br /> j� ut
<br /> ' ' . the ptxlflds tDat Lendet sequis�m.Ttte fasucaucx caMet pmvtdiag tAe lnautanoe eha11�e ohosen hy Mongegor :+:�'�_�
<br /> .. .�:.: : � or�Es to matateia tlie oovaraSo ;"...
<br /> _,�.:�' - ': � . �: sub,�ect co Lendor e apDrovai.afiieh a1►all aot be unnasonably witbheld.If MoRg88 .
<br />'_�::r�.�`�f:._ °� _ ; desMbed abava.Land�may. at i.�det's ogtion. a6t�in eavqaga t��aeeet 1�en�ef°s dghts ta the Pmgecq► ,
<br /> ,�t ,��`;r �� ',; secorA�og to the�s of diia Saurtry ln�sa� r
<br /> . .�r, �. .
<br /> . . , .: Ail is�sure�ce Poltcfes and cm�aels e�aU be a+ooeptabta m�der aad�a11 iaeluda a ssand�td'atartga a clau.te, ;
<br /> aa �;.
<br /> �_.. . ,.�;,"; aad. where eppllee�le. 'Wsa paye0 elause.' Mort�og s�at,t immsdiately notifjl U2ndat of tadon oe
<br /> ceemiaation oi IAa iaatuanae. Lender a1�11 bave th�riBht�8mtd tha�iataa and nax�rats.if Lender ce�aties.
<br /> � or sha11 ImmedIatetY B�ve to Leads: a1! m�ipcs oP pald prea�ua� and r�newal aotice9. tlpoa los.+.
<br /> _ ;-,�,:, '. •,;..f r ' Mort�$�mmaliateI���or�t�oe to thg Ia�uu�ca�ier u�d Lcadet.Leader may make praoi of tosa it aot
<br /> , ,;:s � Y b�►�S . .
<br /> s�a11 be. liea so�scorazton or repair ot iha Ptaperty..
<br /> ' aFniess mA�avlse agceed la wsltlag��11 in�aace psoc�s � oa o to rtndpal ahal!
<br /> �' ��;t a�s c�gho Saured Debt,w'9e�het btaot�han due;at Lendet'a opt�oa.Aa�►aPpl�att e�� � e�cass wi a -
<br /> han
<br /> . .. ; rtr�t+�stead or posipone the Qut date oYscitaduled psymmt uor cbsmge�a uaount oY apy►P�ymmat• Y -
<br /> . � h��aid t�the R�iortpgor.It tDie Pc�oPeriy►is aequtre4 by Lendor.Moitga,gor's dgt�t w amy ivaurance pa1icte�art , _
<br /> •:' h� befom drs�qutsition aheU pass to f,�der to the oxeau of th�
<br /> � ,:,; �accecda re�ulldng flrotn damage to�a FraPeztY
<br /> r
<br /> � S�¢d Debt tmmedisset!►befom the acguiaition. �=
<br /> „ � fr,�. . 8: L�c�or agna eo matataia rehen�ive geaera1lfaDD�t lnauraaca�adag LanBcc,#s an ad0ittonal.iasure�In -
<br /> r.,� t l,� �j elaims�Iag fm�►�any ea;Ideat'os ocauranoe io or oa tIIa r�: :
<br /> �. ,. � ,:... ,,�,:�. . �,�vat noceptable to Ltadec. nauelt�8�a�t . -
<br /> ����.• ` , ��. , � :, , �Y� . d Leadu,[a an amouat _
<br /> � � • � C. Morcgagor�ree�oo m�insa�n rental to�e es bnsineaa 4ucemiptlon Msutado0.aa reqain bY
<br /> rcg eseeaw arso�nt d osita t w aeperaeeiy
<br /> ,. ., :�,�.� eqnal to u ic�caverage of ona yea�•a Qebt ssrvtce.and r�sed � �D � �d _.
<br /> ' ,..�,;,�" ' ia wetcinng)��mder a foma of poliay aceeptabla to LatQer. �_
<br /> , �mder
<br /> ��:, . � ::�,��',., . .�.{�� L _
<br /> ����AS�� H Ol W W AOL YQ
<br /> , . �.P�CYEOQi►�OR TAXES AND�CE.Vatee�othaalse prevfded�a aeDa�ce agreamqat,MostB S _
<br /> . �41�ii��0 Qa3►LO Ll71QCC�11II�fOf t�[Ca aIId�U13IICG�11 ESCNW. . __
<br /> . ..: •.;Y. ; S3.SINANC�AL R�&�AND ASa1�ONAY•DOCI�NCB.Morcgigo:ar1li ptovide tq�T�dEt c�+sast.$N► �='-
<br /> uyoa N
<br /> � � " ;,<<� .flnaada!�ttmeat o=tnfotmatton ir�ad�t may deaa�easoaably�soitat�►�MoRgagor esree�to:stgn.Qefiver.aad ttie ac►�►^�, , �`:;_
<br /> . � ,�;.t T p g� ��...,
<br /> � :.. �t.,'� . a a G i�i o n a i r fl 2�.v m e a t s o r o e rt i�c i o..�r�a a I�a Q e r m a Y o a z u l E s e m a c e�t a ry to perPeeR ooatiaaa,aad reservo Mari goPa .
<br /> . .,�. :.�.
<br /> 'obligas�ons undes ehis Sei�iry faams�qaat�nd Lznder•a tieo ataacs aa�&e Firop�r. �.�_
<br /> . � '' s �PA.JOlN1C AND II�TDNIDUAL LIA�IY.ITYi Ca-.�Y�_�'�,�iS:SUCCESSORS AND ABSIGNS BO�1ND.Alt duttes uaQer ���:`
<br /> " .` � ` Uut does not aign
<br /> , " . , tAt9 Sec�ss�.i�sw�nt am3otnt aad iadlvIdual.jf 1�tostgaSo=aiAn�tl�s Seeorlry Ins�uaeAt aa evtQeme �•.
<br /> • ` '�:� � ��`�- � of Qe6t.Q�,!f�,.agor dow ao onty to mortgaQe Mangagor's ffi•�fa�he Ft�to ascure payment ot tho Se�ured Debt
<br /> . �.. . �' ;' . aad Mo�s does aot ag�ee to 6o pe�aomlty 1itb�a oa t�e S�noaaad Debt.I Securit�►Instnimwt sccures a guarna���, :
<br /> �, :.� . �,�� � 6etweea Lendu aad 1Vlortgagos;Mosigsgoc agreev to w�Ive aaq rtghtd that snsY Pravent Leuder from 6rlAging aay aut�_�
<br /> . ,�. a � �sQebt�wtdet t�e obligattion.?htse tlg�ts may tasi�cde�6su erc not limtud te�
<br /> -� . � ; : �er elatm aga�nat Morc�ag s or anY P rtS► to tbV Seeurtg► �ast�umsat et�y
<br />— . • aa y a:uMlefidea ry a:onaaaion lawi, MangaBor agc� Q�s Leadec�nd a�r g a:t y
<br /> e
<br /> . .,.:.,.,'; • extend.resdtly or ma�e�qy thsng�In�te tetms of t�f�Secnrity Tustmmm t or ao}►a v l d e A e e o t d e b i w l t 2 l o u t M o rt�.a'a. _
<br /> tetm
<br /> , � .i�, :..�, consens.�B a chsaBa witl not retease Mmt�gor fcosn the tttm:of tbls SxaiitY Insttutnea�9'Do dutIes and batefits�u4'..
<br /> , .. , thts Se�+t�au�meai r,�aU bind aud 6eaafit mo sueceasara a a�ass i�a o f M o rt g a g o r a a d L e s d e r :. �'.:-,;.
<br /> ,� . . �{�m�
<br /> '1� 1 . fl�„AI`PLICABLE LA�;;S�VLRABILYPY:II�1P�'A7!'ION.?h1s Seausd�►Imtcmm�se�S gove:aed.�r the t;wi o!�e
<br /> � . '` , ju�lstiiMatma M cdLtch 1;erider i�loeatcA��xceAt ta v�ea xxtant ath�vJ�e tequ�tl.by the lawa of tho judtalGio�t M►ere.tfte. :
<br />--:S:' '. . '[6U Soatti InsWntcttt mr� ttot:0i� �
<br /> - � ; � Frone�r i� to�ted. fiia Sea�aiey �aatnunent�S rrapleto a���16y i�t�gsmtrs. ry � Y ,;{';
<br /> '. �. ,; • amsnded er modifIed Dy otal a�n.Aay�r.s�.in th3s�H'�m�i�anacLmanh.ox e,r�►a8�eemeat reIate�lt tn'
<br /> � � � che Secund Dcb��u ooafl3c�a wiCt��a�l�s f�os^�11 nac be�'�a.ua9�s th�►t t�w�cpnaaly o:lm�ltedly peYantca�he ,:,,i;;,.
<br /> , ��� • vatlatioa9 by wtitton tgcament.If xny seai�rmff c�3da Seeuriry p��*�+*��n9-r�uot be enfo�aaeoldtng to itt te�.thnt �-;"
<br /> '. •� � aectioa wili be sevee�A aad v�ll nos af�t the���1iry of tDa rafaaiadm o�thfe Seerutry Jastruntent:Wheaaver uaed,
<br /> . ::�i:�:�. � �ho slr�guls iLalt laalude�e y1nra13nd thv ylur�i the'�in�t•'Di�a eaysiw�and headings oi tbe sections of thts Se.eur1ty
<br /> al
<br /> � � � Inau�ens are for eoaventeace an8gr and are aot co ba uscd a���+rs or.QetLu the te�m.+of tf�la Sca�iry Inswtaeet.
<br /> - ?i�a!s ot the essatse ln ibls SowrltY Inat�umen� . . � .
<br /> � . Z6.NO�'10E„Untess ot�aiwlae saNi�ed bY!aa►�csY aoilce eha11 be givtn bY delive:ing it or by�n�tt by flrat aiase m�t
<br /> , .� � " to�he�ropriate�any's adQresa on page 1 ot�+ls See�utty tastnmaent,or tv any othe:ad&as�eeslgnated in writing. .
<br /> .. . No�tce co ene�ortgaYor wIU bo deamed to 6o nodee w eU mo�t8s�om•
<br /> � � � �'!�VIiAI{IP14�. �cept to the eatoat pro�lted by lawt Moetgpgor waives a11 appratsamsat. homestead exmnptlon. aad
<br /> _ . , :edemptioa rf�►ts �latiag to the Property. However, the waiver o!rcQempUoa Is aatapplieable to that po:tion oP the :
<br />-_ � � ` ptoperty thnt covers agdcutnuallaad or a stngte or taraYamUy dwelliag own�by or hetd fa[rust for a natural peraoa. ,
<br /> � . ,:�:.:.__ :.�_ t. . t•• �
<br /> . . • .� 1�n9.serdi -
<br />�..• . � .
<br />— . . .. o�aaaacwasv�wn6b�a.Ecetoue,uw u•aooaffasaU�ErmaareoeeTG�acs tolf7/Oe .r�.
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