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<br /> ` � MedFatian.E�cept ag set forth below,all Claims�sball be 1VYEDIATID prior to We 6ting of a�r legal pmoeeding 4:.
<br />-°"°.;`{' �'_ ���t related to a�t�putc relating to this'I�amscxion. If Sorrowet and l.ender cannot agiee on the seleqiaa of a m�ator �., :•
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<br /> � �-;�-=::.: _-Z; far a d'apute,tlse�:sit�!be s�lected as foIIm�+s:with€n 5 busia�days of the notioc that either Eorrawer or�er •E�:�`�`
<br /> ;�'";�`.,�4�,:�r.o-:� have d�ided to mediate,Bor�+awer and Leader si�aD eacfl name a medistor aad norify that mediator and the ottuer party :'-.;:�
<br /> '.: i;�n'.;:�� '`:e`•t`� Qf t21C 6CtCCL�OD. VU1t11�II S�CSS dSy9 OPUffi�T SCICCifOA thC tnCdiStOlS S58A jfliRtlS!SC�CCt 8il 1ridCpCILdCAt mCd18WI W ��''`•
<br /> _:�:,. mediate th�a�spvi�1he me�ation sbaIl oaau ant later'than 30 days aRer the ntediator i�aelected at$time and place -
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<br /> ` �. �1t1LU8�j1�AVCIIICIIt LO S1I�CS WIt�II S�J'd{�NS OI BOJ[ONfC['�ICRI�CBDC• `-'
<br /> `` �omawer and Lender agraee to garticipate in the mediatlon ia gaod fsith with ihe iatentioa of scsoIvnng the disput�,
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<br /> - - - if g�Ie. Legat eaunse�may,but 's aat requaed to�epresent Bolrower or Lender at the mr�ation. Ail mc�adon _
<br /> `.`:`:'..,.,�� sessioas sv�71 he grivate aad aD inSotamtion d'ucIosed during ttte me�atioa wID be ooaSdential. Th,e mediawr may prescnbe
<br /> � ' .��;,�:=7,�k'. ethsr rWes for the medlation. Fapenses of the mediarion inciuding the me�ator's fee shaD be shared eqaaliy becweea -
<br /> �''��-_ Leadcaa and Barrawer. Atwrneys'fie�s aad related eapenses are each party's mspons�b�ity. .
<br /> °��: � 'ILis pgreernent to mediate s speafisalt�►eaforoeab�
<br /> s -``;,� ' ff far sup�eason the mediation is not oompleted witlua 45 days a8er t�e mediawr is setecxed�or if after the _
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<br /> - � ��--, �`4�.��: � mediatfon.aaY Claim is st�unreaotved►such(]aim shaU 6e resolved solely anel exrluaively by arbitra�ion in aaouidaaoe
<br /> � �„:;, c�nth tluts AgteemenL �
<br /> � � .�� `� �.� Arbi4rst[oa. To the e�teat sUuwed by applicable?aw,suy Claim,e�oept thase set forth beIaw,shaII be resolved
<br /> ��� '�'r,, �Y b�8 arDmatioa fn aaoor�noe vrith(1)the Federal A:bitratiun AG,9 U,S�C�1-9:(2)the F�dited Pmo�cu� �-�
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<br /> = < ,-<�_.�:�,`�:Y �f the Comanercaal Arbitrativa d�tes of the A�i�n Arb�atifln ASSOC�tioa(ttie"Arbitratioa Rutes°j thea in effect;an�i 't;;.. `
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<br /> . '�: ��:.:_�4j�;. � (3) thi� A�eement. If tiLe terms of this A�ee,ment aad tlt�Arbivatinn ItuIes are irtaens�steaa; the terms of this . , ��-.
<br /> ':' ,� " q,g�eement shaq msusoL A oopy of the Arhitratioa Rales,free of drarge.maY be obtain�d by ca�ing(800)77&7879� 'Ihe � `
<br /> , L. `- `` ��= lazvs applicable w the arbivativa prac�eeding ahaH be th�e laws of the state ui which the property wl�ch secures the ' �j :
<br /> `'�.�,:�:° • T�an.saction�S tocated Ti6e paraes agcae tbat the.aibit�ator shaA have a0 powets Qravided by�.�Ins Agreement,and r-F;'
<br /> „��-i:.:�::� par'e.s
<br /> k K,� tllC 1A82!A�CII1S.HOWCYiCff thB 8Ib11?'dtOt ShSD 118YC 110 QdWC[tQ itdij►Oi IDUdlfS►aIIjt Of•t�1�T.0US1Dffi Of IT1C 1.08A r ��
<br /> � pg�mcnts,pi►3►FariY to ttr's A�ement ma9 bring an aetion in auy court lraviag j�rLsdicnoa.i�tudia8 a su�mazY or
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<br /> .`� � �,� �P��P��� � �P��Y enforoe tlus A�t, or ta aom�el arbitratian of an�g Otaim. Aa acobon to `' '
<br /> '�`' spea6c�lyr enforoe this Agreema►t,or a mouan w aompel arbitrattoa may be brought at aay mr.�.ev�n aRer e Gyaim r �
<br /> =��` `:� - -='� bas beeln sa�.ia a court of 1aw or a TYat�IaA has b�a aom�pleted,d�scba=ge,d�or paid m f� ;.y�:
<br /> , �'; •., Pla�ot Arbltea�om'ibe arbivation sLal16�conducied u�the couaty of Bormwe�'s res�aee.o;.at anY othet ' f
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<br /> y��;s plaoe aiutuady aa�ptab2e w the I�ender and tLe Bormwer. � �
<br /> ;,<<�_.•�,; � 'I3ming uf SearW� �he arbiteation heasiug shall oommenae wlthin fo�tg�ve (4� daqs of the d�titaad far � } 3�
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<br /> . _. . �,-� � xQ c�.�►ss ncrtot+tsf xo aonvn� oa r�tc�s; wnnrn.e o� �acar To � Tnw. � � _
<br /> ' ` `;`; ARBYrRA1Y0N VNIIa.TARE THE BLA�E OF ANY G�OURT PROCE�ING Ih'Q..UDA�ii��TRIAI.HEF�ORE A
<br /> .�...���: .;,.::,�;�• .1UD(iE OR A JUDdE AND JL�AY. ANY SIJCH ARBITRA�ION SHALL BE t7�NDUCT�D 4�1 AN INDMDUAL � , r
<br /> - - -:�. �r� • BASIS.AND NQI'AS PART OF A OOMMON OR CLASS AClYQI� 1T IS E�LY At�IOWi.�SiED AND , ��'=:=-
<br /> ` �� AliREED BY BORRO�VER AND LENDER'I�A'I'ANY PURPORTED CO�N ISSUES�F LAW.OR FACT � , ,� ..
<br /> , ,,:'� � � . SHALL HE RESOLVED ON SUCFI AN INDNIDUAI.HASIS.. II�THE AF����1R�1TRA'POR�l30ULD �` -;•
<br /> � /y.WARU ANY DAMAQ�E9.SUCI�D�14�'a'd�.Y#ESSHALL HE L[M11��0 ACY'[IAL D4�I�CT_DAMA�3E4�kND�
<br /> . �' :� , , ;�"��, � SHALt.IN I�i$SVENT WCl.LJDB�.�flUEN77�►I.,pL11N1TNE,EX6l4II�iJ1RY OR 13�LE DAMAt3FS�6S • �".:�
<br /> : ,"- ,>: :_.;.,'.� 'PO WFIICH$ORR�W,ER AND LFd�7DER EXPRFSSLY WANE ANY RI(�HT.1�'1 CLAIl4T'1�0 THE FULLFST 6,�.��
<br /> r`�'F; � EI�I�NT PERMITI'�.�Y�.AW. � . . . . � ;
<br /> �, ,����` ' '.r�t: `'. dQdg�en�The a�;,.,*�et�d hl►We atbittatar r�haU be fiaa1.aonappealable aad jud�nent may 6e e�upon -
<br /> . .�.�`:: it in saoordaaoc arith app��e law in aap vourt havtng jwisdicHoa t�ereo�
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<br /> . '":,: COIIfId@Af�B�I�BOf[OWCf�L�DdC!S�C thSt thC IDCdIStIOII 8IId STb3tf8t�0A�C�'jyS 8l�C 0011�CIIt�. �JC �.`
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<br /> �'::'�'.`.: -=t;, infor�tioa d�eIvsed� . sucA �c�nuot be usec!for aaq pucpose In a�other praoeedia� . ---
<br /> Gaims Ex�de�fram Me�dtatton�d ArDitrattaa.Notarithstaading the for�gc►3ng aeither Borrawr.t ar Lendet. -_
<br /> �v�': ..• . � :-:-
<br /> : ��!�. . . ;M;� , eaa reqi�ire the otherso m�ate nr arbivate(�farectosure praweding�,�ether pwauaat w judisial action,Power oY -
<br /> =;;':�ff,-� ::�.'::�X-�-. � sale, asseat w a deaee or athe�sc, Prooeedi�8s Ourauaat W which l�uder seeks a deSs�eas.9 3��Bm�•� �' •--- -
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<br /> ..,. .�� . � wmpsuable prooedures ailawed uader applica6le Iaav pursuam to vvhicah a lieen holder inay utse tttte w or� _.--
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<br /> .,<: -::;;`,'.�:;,���%� .:�• � wl�icb'is securiry for ti�s Tisaasactfiott and auy retated e�sorial P�P�Y tiaclu aa assig�m�4t of tems .
<br /> �. . ,. .,. of a�r AnapertY D .
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<br /> �r...: . , . . or apgointmeat of a rece�ver).aPan�utt 6y tt�e Homawer on the 3�aqtoa or(iij a�t appfisatioa by or oa belmif .
<br /> ..�:��;..;.. .. ..: ed
<br /> : . .:... :::::.��-. ` of the Borrower for selief w�der the fedeialbackr�ptoy 1as�s ar aayothet sim�?ar tawa of geaeral applicatioa fot there}Ief . _
<br /> `� ��,�_� ,,.. � o�debtoss,Wtoug6 the institut�on of appropriate prooc.�6n�:or(�aayt�a cvliere L�eudet seeka damages or other. . . _
<br /> ,��,(„, s; ... , rr�ief beceuse dP Bonow�r's default wiCer tt�e ter�s of a'1lraase�toa Ec�oraem�ate��tMs sectioa wDl aot waive t h e c l�l tt __
<br /> �� t�a t b�t r e t e a a y o i h e r C t a i m,t n e t u d'n a$a d a i m a s s e�R e d a s,a o o u n t e c�l a t m in a tan+�uit b r o u g h t uader fl�s s�aion.
<br /> :�� ��.,_;,��� . ffie�R d�Racissian. If Bonawer has ehc rtght to rescdnd tvls'�ransactian,�essi�ng it wID nnt resdnd tWs .
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<br /> �rl� � • ` ` �14'Otli�Arbitraston Ag�ments. �his AgTeealeat i� the�on1y a�eat between Lender aad Borrower . °_
<br /> �'��'�: �'. ;; � ,�,�rding atterqattve� zeaotutioa,aasf aup�sede4 any prlar ag�ee�eata to mediate or srbitrate Ctatm9:�9'h�s
<br /> . ��;�'��'.�:. ,:�';; . rAgrcement may onty be'�ed by a wrlttett a bet�veea Iander bnd Boavwer. ' �r..:,
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<br /> � ��:��•��•.' � � BORHOW�itt ANU LENDEQ AGREE wnn►�nrnr sic�a To�s�r aUmr o8�rnr n�va a�a. .
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<br /> ' , :,;.�t;�°'t � �, Ridess.to tWs Secartt�►Iastrnmea� IP one or more ride�are e�cuted by Borrower and reearded together :`�z:
<br /> �>>�I' � - ..;�i,. ix:vi.
<br /> �,� ' " -, ' aitb ti�s Se��uity Inswmeat,the oovenants and agieemeats of each sa�h rlder sLaU be iao�rposateA iato sad shaU amend ;
<br /> ',.{t�'�;`� .. `` � aad supplement the oov¢amats aad a�reements of tbtv Securlty Insuumcnt aa if t�rlder(a)were a part of thfi�Sea�riry
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<br /> '�' ��,,=:�:.:" . Ia4Watea��[C4�eck applFS�bie boa(es)j
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<br /> �: , ,;�'` ['j Adjustable Rate Rider ❑ Candominium Rider ❑ !-4 Fam�y Rfider �
<br /> .�4 :: ❑ GraQuateQ Paqment Ridet ❑ Piamted Unit Developraent Rider ❑ BiweeWq Psymen!Rtder ,� � :
<br /> ��s,tt�,�� , ,,'.,� � ❑ Ballaoa Rides . • ❑ Rate Ia�psovemeat Rider ❑ Second Home Ridct :�f.,:
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