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<br /> � �� t;== . Me�ton Eaaept as set forth betow.all Ctaims�shaIl be MEDIATED prior to the fiCmg of a�►Iegai Pmae�ng
<br /> : r_ ;=.. �.;;,: retated w anyr di�pute retadng to t1�'IYan�ioa If Borrower and Lender cannot agree on the seteaion of a mediator ��- �
<br /> •'� `'�•° �' r��" -i;" for a dis u the medi�wr shaIl be setcc�d as foIIows:witi�m S.bus�ss af the notic�that eitf�er Boirawer or Ien�eer - °-_.
<br /> � <,�.�.`',
<br /> -;F'�..� '--`,,��'�.::: imve de��u►me�iate.Borrowcr aad Lender shaU each name a mediat�or and aotify that mediator and the otts,er party ,� ,�"
<br /> ,.�� �;� �..�� of the seIeet�n Withia 5 busiaess `
<br /> -� �: � j-.� us darys of tl�a sel�tioa the mediato�s shaII lointl5►$elect an iudependent mediator w ;.
<br /> 4:�« �� ���' ��tIIC t�ISp11t�.�iS�St�OA$�DOCUI DOt TaICt 11l8ri 3Q�IS 8ftef t$C�t0!L4 SC1CCtCf1 SL 8 tlmC�Q120C
<br />:�;�;,.-:�;;:` %:'^';�;; m}�uaUy caav�u►ajl gartirs wlsh"v�a£�y-m�Te r�s of Boaowcr"a�sidecue. �'�-....
<br /> K _- ` ;._�- Bo:mwet and Leader ag�ee to p�te ia the mediation iA goad faith with the intention of resuh+ing the d�pule, s� �;
<br /> �,: . s<' � •t' - if poss�ble. Legal wuaset may,but is not required to regiesent Boirower or Lender ai the medi8tion All�diatioa ..�_�•
<br /> � sessioffi wU be private and aU informetion disc�ed dusing tfl8 mediation wiD be oonfidential. 7'he mediator may prescdbe
<br /> ' �� , other niles for the tnediation. Eapeaseg of the mediatian in�duding the mediato�s fee si�be shared equalty between �'
<br />_ -�'� ieader aad Bomawer. Attomeys'f�s ami reffited eapeases are eadt P�Y'S='�Po��J►• a �
<br />- '-c;'� -�: ".i. .r- This Ag[Cemeat W medistc Ls spec�rat�r enforceable. � `y.
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<br /> ,;4`.,.Y'L-i;:..,S:,";. a;�.�_.
<br /> � j *s-�=�;• If far atty seasoa the mediativa is not comgtetec!auiihin 45 days a8er tbe mediater is selecte4,or ff a8er ttie .
<br /> '. < 4 ;. m+ediatian,a�►Cla�is sml uaresolved,sucdi eaaffi shan be rasotvea solety ana escIusively by azbsaation in accoraance `;
<br /> t.,,...
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<br /> h � r` •n� � Arbtb�To ffie eateat aitawed hY�PP���.�3►�,�Pt those se�fc�tth bdqar,�be r��:� . `i`
<br /> � ' � '�-�`� bq biading arbitration ia aaoordaaae witb(1)the Fedezai Atbit�ation A,et,9 U.S.G§$!���ie�jr�ited Pnoo� • `'.`._.�.
<br /> -��f-�r� ..�s.q:�;
<br />- - -- •,:F r�=��- of tl�e Commcrci�l Arbivatioa Rvies of the Ameri�aa Atbitrat�an Assod�inn(the"�R�"j�.]II�°2Il�• , . :`�.'
<br /> ,:•, {3) thi4 Agreement. If tha terms af ti�s Agreeme�aad the Arbitr�ion Ru3es az+e imoaas�Gent, tbe'sem�.s of tl�is
<br /> �, `� u<:�� Ag�eement slmll oontroL A copy of the Arbitration Ru1cs.free of chatp,�maq be��tai�ed bY�aS{8Il0)778.'f879 �7ne . �`
<br /> .4 ,, � Iaws applicable to ti�e arbit�atian pmaeed�g afiaIl be the laws of tlse atate ii#�ich the pi+operty a�idi seeuies ttie. �<�
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<br /> '` i � t,��� Trac�as�on is Incated. T6e pazties agcee t H a i t h e az buratot s h a i!h a v e a l l•�awets piavi d c d��a w,t h i s�,a n d. E,.-
<br /> �'� tite Loan Agresments.How�ie�the arbiir�tos shall bave no pawer to vasy or maddy aag of�se provis�ms of the 1,�osi�.� ���f=
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<br /> � �} w t h i s brin an a c t i o n i n aaq w u t t 6 a v i n -
<br /> '•n =,F. ��An3+PartY A�ment maY � �J����$�� � � :
<br /> j��' � ` �:.�: espediteA prooe�djng, to spec�fic�2y enforae this A,greement, or to oampel arbitratIon of auyr Ctaita: An acdan to ,�,. .•
<br /> ��` �- :�-.. speaficatl�►.e�forve this Agreemeni,ar a motion E�r..�ernapel arbivatIoa maq be bTOUght at sug tQae,even�after a Claina. t�` ��=_
<br /> � ,�-r°�- 6as bee�tz�`sed ia s wurt of!aw or a Tr�oa�saa becn eo�pleted:di�ed►or Paid m�; • � ,' . ' . `
<br /> , , 'y � �' p�dt I,f6S�0A.�IC�OII B}t81�bC mIIdilCtEd m tZiC C�UAtSf�BOJ[OW6t'S[fSi�1CCs 07 8t SII�i Ol�IEF.• �+s "
<br /> �r'�' � place mtatttatly 8coeptab2�W the I�aud t6e Boiroarc� . �,� r °
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<br /> i�?� ,; ' - ' lyming of SeadAg. The'�isivation Hearh�g ahaII commanee a+ithin fo five 4 of ��lemaad t
<br /> x��f.'..;.s ,,,,;°,�-.��;:'s, . arbitration. . ,;. �. . �� ,�,_.
<br /> .,.r� �'.°; . . . . 1�0 CL�S9=AC�`iE3NS3-1�(D.dOHVDFA-OF PAH'FIIh�j W�IVFdt OR BI6Hg.1�1� �D$�=�'BiAL•3� -
<br /> �" ,- 2;:;�; ARBITRATION W1LL TAI�'iH��LACE OF ANY�OURT PROCE�INCi INCLZJD�+fG�3'Rt11L BEFORE A ` <'
<br /> . " :. �=, -�f� 3UD(3�OR A JUDL�E EkND.JUR'�:-ANY S[JCH ARBITRATION SHAId.BE CONDUC�'�D ON AN 3NDIVIDUAL �=?-;
<br /> � �.:_ .
<br /> = � ' � +.;�: HAStS.AND N01'AS�PART OB A COMMON OR CLI�SS AGTtON 1T IS EJJ�RESSLY ACKNOWt�DQED AND �
<br /> f .' �; .AC�RE�D HY�ORROWEIi AND LENDER TAAT ANY PiJRpORTED CaMMON ISSUES OF I:s�W O�i FACt ' ���_
<br /> _ � i : ;:SHALL BE RESOI.VED ON SETCH AN INQ1VmUAL BASIS. IF'I�APPOII�1't�B ARBTTRA����OULD .
<br /> ,:,-�..: : ,�:_.y�,,,c:� , �AWARD ANY'DAMAF3E�'F.SUCFI DAMAdES SHALL BE I.III�TED'I'O AGTUALRNDDIItEGTi3 . AND � '-
<br /> •: ,;: .;. SHAId.IN'NO EVENT INCLUDE CONSEQIIEI�YT�AL,PIJNII'lNE,EXEINPLARY OAit"T�tEBLE�}'1�,MAEiES�bS
<br /> �,....:-'._. .: :..;: . � . 'qp.WHLB'�$ORROVfIER AND LENDER EXP1tFSSLY WA?�VP ANY.RItiF1�TO.C�Vi'i�D�P[Ad�+S'�'_. � ��.+�'
<br /> - � �: �° BY LAW. �. .. . E
<br /> �� " F � ent'�he savard readered hy the�nr sball be fiaat.aonapg�a3able and jadgmeat mey i�'eniered upoa
<br /> : '; � � it Jn aornidanae cvttb apphc�bte 1aw fu auy court I�ving j�ls�tfon tlseieo� " � � �
<br /> '� ; u ; � CvmBdeutta�tfi�►.Harrower and I�ender�agree that the medisdun aad'arb3tratton pmc�e�ag�a�e ao�ideattaL �e K. _.
<br /> ; -.v�;%;..,. :.�;� iAforanati�.:�i.actase�3n sueb prao�c�anot be.used:for an3r Purpose ia a�►ai$er pra�g' - a_ -.
<br /> ��'� • . C9�3a�a Eaclnd�tiram.Me6taHon and Acblteation NotwIthstaudiag We foregoing,neitfrer Bonaave�os Lender
<br /> :. ,..
<br /> ;..:� �t requ�te the other to medfiate ur atbiirate'(�foreclos�re prac�e�.whether pwsuaat to judidal actioA,Pawer of , .
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<br /> �;:'�f��-;:,;;::��`:..`;;�:;; . sete, aaseat m � decrcis or ot�twise, Proo�ing&�`pws�ant to arhich I�ender seeks a d�+ludgme?u,.ot saY .� __-
<br /> :r � {"„' '. oomya:eDle pmoedures attowed under apptfcabie Iaw putsuaai to wbich a lten holdet may aoquite Btle to or poss�sion =
<br /> �,:'�. of aaY P�P�►9�b is seauity�'or thi�'hansaedon aad mnq relate�gessc�aal proPertY(tach�dfmg an asslgnmeat nf rems .
<br /> ,..._.:.�;. . .�or epPoFu�ent of a reoeIver).ng+�m deEavh by the'Bonower oit the TYansactton or(�j an app�catton isp or on b�aif. .
<br /> - �`�'�'.� �. � o�Qie Bossawerfor r�lief a�det'the fedese!bangcupuy lacvs or�aag oiher sim�s Iaws of genneral sppHs�tton for tte r�'�.. �� -
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<br /> .. ,. .€ .,�.�#-�. � of debto�s,throuBh the�on of ayprcPriate Pxooeedi��:os f��aay Claim where Leader seeta Qa�ages or ather • . _
<br /> :,;i� � .. retief becauae uf BorroweiPa default aad�the terms of a''IYaatactioa,F�forc�ament of tlifs aeaioa wi�naZ�?air+e the r�gbt.
<br /> , , �
<br /> w arbivate aay other C.Iaim,iactuding a Ctaim assetted as a wum t e r c d a i m in a laara u i t bm u g�t u a d e r t�i s's e c c lo�.
<br /> , � � Eft�ct oi 8esdssloa. If Bottowet Las tbe rlgM w resc3ad ti�s'lraasaqion,r�clu�d� ft wi71 aut res�ah�.�.' _
<br /> _ , . r�j` �No Other Aifiitrattoa A�enis. 7his Agceement is-the.onty a�t beiw�en I�ader and Bouow�lr = -
<br /> __ >'.. � ��:; �:`'.:`f . regard�ag altcmative d�ute resolu8on,.and supeise�es a�+ Prlor agreements to mediate or arbma�4Ramu. lkis . --
<br /> :;�;;'::.'';-:'�';:;:�`�;.:' .;. pgreeme�at may oa�y be mad3&ed lyy a wdtten agrecment between Leuder aad Boacwer. . •:... � . . —
<br /> '=-'=��.�:=:�.'�:;:�;..r�T . . �. BQRfldWER.iWD IbrNDER AGRE�+Tty WAIVL ANY RIGSTS�Q TRiAL BY dURY OF�Y�iY AND A1d. _-
<br /> � : CLfIIViS..., • • � '.
<br /> .• . • s., �
<br /> _::_�, �. ..;:,,.;.�;:: ' . �9���ide�s to!We Seaulty Insh�ament. If one os m�se rlders are�aecutetl by Barc4wes ead rewcded wgec9t� �. :`
<br /> �• '{ L� with t�is Seciuitq insw�lteat,the ooveaants.and agreementn of e�ac�aucb rider sbaU be Iccarporated�nto aad shall emea� � ���.�
<br /> ' �} :.: i � and su�plement the covcaants anA a�eetacnts of thi9 SecurIty Instrmmearzs�tlie rider(s)wete a part of.this Sec�ulty. � . � �F r:
<br /> '. Iasuumen� [t%ek applicable baa(es)] . . . ' � �ttE -
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<br /> � � � Q aajustaule Rate Riaer �O roncom�um Riaer . �p t-a Fam�s►:R�er � � .. � �:.
<br /> , ;7 � . 0 c�raavatea peyment E� ❑ PraQaea Unit Devebopmeut Rider Q��p.pay�enl Rid� ,. , .
<br /> � . .. ;�� , � �'Baltoon Rider " ❑ Rate IatpsovemeaE Rider � Q �bai!Iiome�Aider� .,: � 3 � .
<br /> •" Q ather(B)t$i�f►l , : . . . . . ��,�...
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<br /> , Fortn 8�8 8/88 (Page 8 af l Csges)
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