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' ' �I� ��Si�`�� � ., . �; <br /> , <br /> __� ' . <br /> � ' acco�nl Ar�r+�i�:P.an-•a���t►��u�vQe �" .,._ <br /> ���'.':-�� <br /> -�_- __ , ,_. _:_,� �w�n,9s,rnnce pnitcf�n�d r6r+aw�1�thuronl eMall tio in a turm acceptabt�ta l.oti�c�cr�.s��l o1��e!!ir1,�i►��^��a <br /> � '� n eta�cinrd ma�t��qa ctauae+In tavor at an�i In n tarm eccepiaqte to i.ender,Lender vh�Ji�C�+hm u`��F����a� �'- <br /> � '' , hot�i thA pofl�l�s and rsnstiv�le t Narap t��n d Qa►��w e r a f�a l l p r a r n p t ry h a r r�t o h b l en�es a11 r�rta�AN nAtNtn� <br /> � ar�d nil�oc�lpto ot pald prorniums,ln tha ovant ot loa�,8�rrowar ehall Blve prompt n�ttco tc►ths�In,suT�nn�r� <br /> ���'"'c �� eartt�r t�nd Lettdor.Lond�r may mnka qro�f af tos�i1 not mndo pramptiy Gy Qorra�ear <br /> ""�� '�' Unioaa Londor and Bor�ow�r olhonvfaa �proa In writi�p, Inaurat�co pr8eeeds eh�Jl b� n�+,�11�ra1 tc► - _ <br /> � re�ta�attan o��opnlr of thc+Praparty dnmAgad,provtslad such rontoratian or ropu�r ls oconamlc�.lry tv��lp�ic�, <br /> end th�t�ocurity a!tid9 Mortpaga Is not th�roby{mpalr�d.If such rastoratlon or�o�alr lo not ecoftt�m!r,r�ll� ,�_: <br /> � toasfblo at 11 tho secur�ry of thla Mpnge�no woultt Aa impalrod,tl�a InAUranaa pro�aQds shult b�e,�pif�fc+ , -- <br /> tho sum�socutod by tht�MqdQAat�,w it h t t ta ext�ess.I f nny,p A t d t o 8 o n a w e r.H t h o P►a p s r t y l e a b�n�l e+�e� __ <br /> by 80rrowor,or If Borrower talls tn rQapond to Lander wlthln thlRy(30)dnyo irom tho date n�tic�I�msli�id __ _ <br /> � � '�� , � by LOild9�t0 Btl�fOWB�ihat th81118UTt1t160 Cilffl0�OftOt9 40 ttBtilU 0 QIQIfY1 fo�Insurar,ce bonQtito.Lvn�d4r is r <br /> . aut�ori�ed to coilest anti appty tha lnsurana�pr�aor�do�t 6ander'o aptton elthor to rosror�tfom or�o�alr�1 ,�..- <br /> th�Proporty or to lho sttmt�saaumd by this MaKgAgo. ��� <br /> Unloas lender and Borrowat athonvise a�raa fn writinfl,such applicatlon af procsods ta pri��ipal t�h�ll <br /> � � �ot extdnd 0r pootpono tho dua datu of tht+paymante rufortod to in paragraph 1 hert�of or��en��t�v� <br /> �� emount of such pnymwnts.lt undor paregraph Et hareof th�Property ia acqulrad by Le�der,n�9 ri�h't�,ti�+� <br /> � and Interast of Hamaw�r In and to any lnsuranao poticles an�l in and to the procoed9 th�soof roqu�tlrr�irt�n� � <br /> • : �,� damngetothoPropertypr{a�totho8alQOraoqulslttonehallpasDtoLendortotheoxtont�llh�eumsac�c+urs►�d <br /> � � t�y tt�l�Moetgt�g��mmu�latoi�ptio�ta�uah eato or acquteltlan. <br /> � ''"- t�t�'ior partof thu Propady 19 damt►�od or dostroyod by athtui p�rty and oums aro d��ha�r►that�aaeiy <br /> '•��; �����' ����' oe tt�in�urer�s a��sutt.whathor dueta�udgment�settlomont or etherprocase,th�soaunns ott�!!I�p4��tUt�l <br /> i��"�� ` � � tn 1S�,�me mAnno�as Inss�rnnao proccroda under this alause, <br /> ; .. : +ti . <br /> Y:-`� .��:":c; 6. �ssivatlor� ��ad Matnta�anao of Pro�srty: L�s:�lrofd�: Canc�emle�t�+m��3 PI��►d !!nN <br /> �;.',:�,''•'.,��:'i' � p�a�i�pmant�►.Borro�ver shaii keep the Proporty In gaod repalr end ahall�ot Gommlt t+t�t�nr,permit <br /> ' �•-�.- , _-�• i�vPi��txii�!lt�P�t��tul9l�!! '�r�'lY+�lt����►talon�nittnVlB.3r�flttL�1►fpttgA9e <br /> � �' � te on R t�aset�ald,ff thl�Martpngo is an a unit in a condomintum or a p!An�ard un:t dovslopmont,Qarrower <br /> �`�`��'���*�,��<<'�' ehQ�t(�aRottn ali of 8artowoi'n abligntlana under the dacl�retton of cova��ta cre�,v,tinp or qove�ning the <br /> ` ; - . ' n.,ct��clr•; ; r <br /> , ___ �r�r�4u�nr o�annad unit dovetoQmont,tho bylaw9 nnd re�gutattons of tt�o condominfum o�ptanned <br /> ',`;.� u��+���etapmaitit��and oon�tituont do�umant�.N a e�n�±nlnl�m cu p�e►nnea imrt,�i�raiapmani ri�is -- <br /> �N+xK�� a <br /> a�'�-����2� �tgage,th4 covenant�And a <br /> .�t. �::, er�t.�ut�d 6y 8orrawsT nnd�ocardad tognlhor with tht�N� groomonts ot such <br /> _�.'�f�`_ �ider shail bo Inaorpo��ttod into and ahall�m�nd snd su�plomt�nt th�cavanant�and a8reament�of thta <br /> " �ix:;- : , Mortguga ao ti tHe rltior wer��1 pan hamttf, <br /> �.� �� <br /> �.:1 t r <br /> ,;. 7, t�►rotQaUan ot L.�ndpr'� �eau�lty. tf Dorrow�i fet,'�s to po�(orm the caee�rrts and ayreemants <br /> ;t*; oontafnad In thl�Madq�tgo,or if mnp aotlan ar�ra�coedl�is commenced whlch ma��etiaily attects I.ettdAr'a <br /> � , Intorest In tho P��rh�rry,Ir�fudinp�but �ot Ilmltc�d to,eminoM domain�InsoNanoy,code enio�oemeM, ar <br /> � aRan�ement�ar�atioco0dic�ga Inva��tn�a bankrupt o� decedent, the�Leoder, et Letrde�'a o�atbn,upon <br /> not�oto BeRCw�1,unay mAk�such a�apoa�anaas,dlaburse euch auma end take such aatlon as is necesae�ry <br /> <;;� . ta prateot Lender'e Into�Qsl,�Irichading,but not Iimitcd to, hlring en attorney to��ear In the actlan or <br /> � . pm�a�rtling and entry uppn,lP�r�Praperty to maka repaire. <br /> - Any amc►tanta,o!lsburagd by Lendar p�u�suant to ihls paragraph t�with intereat thereon,sheli became <br /> ' " RdditIanal Indebtodness o1 6orcower s���.�red by thie Mortgaq� �anlosa otherwtae provided 1►� the <br /> 4. , A�r�ment.Unieae Borrowar��ad I.ertder r�°ee to othar terms af ps+yment,euch amaunta shall ba peyable <br /> upar+notl�s fram Lendar to Ba�.;awer�eqti��linp paym�t a�ereof�and ehall bear Interest ttam the d�ta of <br /> dlsbu►�ement at the�ate pab,�t�trom tt�e to time c��n R'��outstanding prinalpat under th0 Agreement, <br /> . I unleas payment�at interest at suah rata w�nni�d ba vant�a�y to appltaaG�1�law,in whloh evant such amou�ts <br /> • shali bear inter�r�3 irom Ihal date oi d{�a�aement at the highesi r���,permisaibl�under ap�llcable law <br /> � �r� •^� otlon hereunder. <br /> Le dor to incur G.� ex �s�Or take A <br /> � Nothing containud In this par�graph 7 sh��"�requlre � y We <br /> - Any eatlan takan Dy Lender under thia paragraph 7 ehati not cure any breaoh Bor�awer may havocommitted <br /> .,-,, of any covannnt o�aqroemant under thl9 Mortgase. Borrower egree9 thEtt any s�dvartco notiHcatton to <br /> ' �';: Borrower requirit�l by�!aw botore Lender mny pertorm dutlas o1 the�irrr�cu�Hr�hnil bo eatl811ed N mniled to <br /> �� ¢:��.�: BorroHrer'e�ddrags ae provtded In thls Man�ago flvo (6) days ldatate�i,�nder porforms thp dultaa;c�r at _ <br /> - _:. •�". .�`. ; detl�ss�!ta Basra�r 1wa(8}deys bstora suat►��rtor�nnc�.�are��aa��u1�w agreas that eny notiti�atinn to <br /> �t;�, ,� �:� qdn�avrr�equlrad by law whom 1 on�ar poHorme dutifle of the�orrcwar shall be satl�iled if mallod to -� <br /> �.:, i�` � Bonm�+�er'o addresa a�provldod,tr��thim M�ttgage withlmal���+�(60)days�pito►I�andat porforms the dutles. _ <br /> 8. I��p�atlon.Lender may m�ke ar cauae to be mado reassonnbt��onMes upon�nd inappotiona of the � <br /> ��'`.�.� � Property, pravic�od thut Lander shall pivo Borrowe� notico priar�ta eny euoh inspeotion epealtying <br /> `r�-�. �" regsonable cauaa 4herotore retAted to lsrtder e interest in the Proporty. � -�a <br /> .:.''"'�# � <br /> 9. Cond�mnation. The proceeds of any award cr olaim tar da�mages� dlreot o� cansequentiaL In `�.`,i <br /> connection wlth any aondemnatlon or othor takinp o1 the Properly,or part thereoi,or for conveyanco In lieu _. <br /> • � �: of condamnation,are hareby assignod and shall be pald to Londer. -. <br /> � � in the ever�t of a total taking ot the PropeRy,the p�000ed9 eh�tp be epplled to the e�:�a sscured by this <br /> � Mortgaga�with ihe exceas,i1 any�paid to Borrower In tha evont of a partiai taking of the PropertyG unleas ,„ <br /> ,� ;,� '.. ,�,. Borrowe� and I.ender atherwise agree in w�lting� thera ahall be opplled to the eums secured by thla . <br /> 5 _ . _ Mortgaga o�ah propoRion of tho proceecis as Is equal to that proportlac►whlch tho emount of tho eums _ <br /> "��� ,: secured by thla Mortgage Immec�iatety prlor to tho dato of tekinp beara to the talr market vatue of the •_ <br /> '�' ���` Prope�ty Immediatety prlor ta tha date of takinp,with the balanoe of tha proceeda pald to 8or�owe► �� <br /> • . h• <br /> �y ., <br /> `�•' � _ Nfl-tAC MoAgapm T O�/Ot/89 Pege 3 ot 0 � <br /> �A �.: <br /> I � —��-- ...•.a.,,.-.- _ .... -- --- ,. ... „ ,,.. ,..-, -..—.�,,. , -- .. .,�,.,.... ... ,. ,. ;.._. . _ _ <br /> ; .r. ....�... ..�.. ..�\... .......n ry�r..��.�...: �...�..� ... ..r..:,��.��.. . .ef' 1'iCltt <br />