�
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<br /> � � � � � ; � �
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<br /> � q� , nut qctend or pvstpone the. cit� c�A¢e ai t6c� ira�nthl�� tueWthtlanent4 r«•f�zxred exr an nsra�ra,�rtrw 1 nrad '.' h�reoC or
<br /> r +��, chan�e Lhe amount of auch �ns'tallmcnt�.
<br /> Lti. BossawezNot R�3ea.Bed. ]:xtensiora ai tlae tiiixe tor {�uvn�enc c>r inodsfierition o# arsaortiaation of t�e suma
<br /> •
<br /> 1 � ' seeared by this-:;�or�gage gra,nted bv Lendcr t�s aclv suex���or Sn interetit �t' I�a�rrotver shalE not operacc to relea�se.
<br /> � 1 Q . in an� ena�ner;: t�e 'li�bi£it,y' ot- tlfe original Barrc��ver anri Bc�rroN°� r'� �succesaorre�.. in interee�. L.ender dhall not be
<br /> y � rec�tiisc�f to eox�mence �ra�ceaclings egaar=sG aucli successor or r�iuse to cxtencf tixne fur pay'n�ent car othetvriese anodify
<br /> ;" . " (�' t�znqr�iastion ot t�e sums gea�re�! by th� \Iart�a�e ��y reasoty of any ciernnnd ma�ie by tt�e origiaal Borrower and
<br /> t � ,+�, $osro^zver�a s4ctessora in intez�at:
<br /> � .� � ' . i ;l.`Pozbeqraace hy Leasdet Not sc Wa'sver. : Any fochearance by Leodrr in exercisin� a�ay right or remee�yy
<br /> r7� hereu��ler, or +�thenvise aflorxled by a�pticab3c lak��, sliall not t�e a waiver of or pseelude the exerc'ue of an3+ right
<br /> � �'� or rcra?edy }xer�eunrler, Tlt� proeurement of insurse�ce or the psyiuenc of �axes a: �tF�er liens or chargm by Zender
<br /> �'+' „ ; ' shaT2;iio"t be a waiver of Lenrler`e right to acceterste the mAturiLy ot stye in�le�btedraess seeured k�y this ?�fartgege.
<br /> `�`� � '; k2, 'lieznadies Cumulcxii *+e. " ?Sll re�aedi�s prawvided in this .l-lortgsg� arc c3istinet and cumc�Tative to ar►y other
<br /> z
<br /> � ., right +eir semedy.under tltis :��origage or nfforcicc� l-�y lacs- ar cc�uity; ur+c3 n7sv tse exereised cone�rrently, in�egend-
<br /> �r ;�� ' entiy �ii sueeessiv�ly_
<br /> 2�: � 5t[ccesaozs and �3ssigas Bouad; .Joiat aa=d 5everal E.iabitity: Captio�. Tire cavenants and agre,emeats
<br /> � � hereiu contained s3�a11 bincl , s��d the rights l�ereunder shu71 iaure ta; zhe r�spective successors anci aseigns o£ �ender
<br /> ~ `� and Srorrower� ,s�cbject to: sl�e pro��ssions �t paragr�n3r 1 r tiereaf: :i13 covenants unii agreeuients of Borrc,w�r she�ll
<br /> � < � Fae 3oi�'it snd seuerttl. T'he ca}�'tions snd lzendings o€ 4he }�:zragrapfis of tiii� llort�;age �re ior: cpnvenience only: and
<br /> z ,r �re naE to be used to interprec or define t2ie pravssians l�ereof.
<br /> � ,� 19[: Notice.: �ny notacc zo Itoxrawer j�io;•ic3<� for �:� i(E�s 3lortgssne sh:�ll i�e �;i�>en bv inas�iitg :;ucd� no�.ice by
<br /> �, x eercifteil mail addresse�f to t3€>rro�5�er �t tlie Yrn�e=t} Acieli•es� statecl hePow, exee�t ior um� no�ies required under
<br /> �- :i; ,� �3aragrgph 28 tiereof to be gi�•en ie� Borron-er in z..l�� ic;n,;iii:j� �ii w;crilxrcf b}� �i��pe 'scxbie iativ_ ;iny noiice prorided
<br /> ""� � for in �his llot#gage sttsll F�e deeiired ta �ave 3aeen �iren ;o BorroN�er w�h�n giti-en in zlie rxaAuner dssigiiated �erein.
<br /> l t�, 15. Uniform Mo:lgage. Governmg ,Law, 5evcrability: This ioran of mortga�e cumbznes uniform covectants , ° �
<br /> � for nt��iana€ use and non-uni�ornrcovensnts �svitix 3imitect' variarions l,y � urisdiction to constitutc a uniforxn secu-
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<br /> `�;� rity iiaskaumeni covering;real propertg:- This llartgage shall t�c governc� by t3�e 3a3y� of the jurisdiction in whieh
<br /> ` ` � the Pro�aerty is 7acated: In t�ne event thai nziy pro�ision or cluuse oi t�is \�or 'cgage or the �ote con$icts with
<br /> { ';�
<br /> � :,'� app3ic�ble Iaw;' such con8ict shalt not afCect otl�er provisionn- oi this \f�i�tg¢ge or 'tlie i�Tote whieh can be �iven
<br /> ;�"� e$eet �viihout ciie confTicting provision , and ko ti�i= end ihe �3rovisians of tfie \ iort,gage and the Note are dectared.
<br /> ° �:- ` to be severable_
<br /> 16: Borzower's Copy. Bnrrower stasl! I�e f:irnished 1 coniormed co�iv of tl�is i�Ioriguge a% the iime oT execu-
<br /> ` ,;, tiou or nfter recorc3atiou heremi.
<br /> Y �' 1?: Traasfer. of #he Pzop�rty; Assumptian. if sli or �n,v,- part of ik�e Prapert5. or an interest therein is ' soid 5 �
<br /> �%� or trazasferred by BorrQ`ver �vithout Lender's g�rior written consent; exciudiog (a) the creation of a lien or encum-
<br /> F,*�••c> =_�hn„�;natY• t4 ttie ���rt-gage, ! b ) t.he ergs�ion of H. pa� rehase-mnac+., securst.y inter�.�i for housetaoid a�apli-
<br /> , '� suces, (e j n f.ra:nsfer by devis�, descent as by operation oi lab• apon the deaih oi a jaint 'tenant or {d) the {;rant of
<br /> any leasehoZd interestpf ttnree y:ears or les.� nat confainiz�g xn ol�tion to 7��rchuse, Lender may; at I.ender's option,
<br /> ` � deaisre u11 the surtas secure�d lzv this �Sottgage to be imimediatelt� due and payable_' Lettder shalI have 3vaived such
<br /> � op�ion :to aeeelera€e if, prior co tlie snie or transfer; Lender �u�«3 i6e l�erson io �3hom the 3'roperty is fi�o be snld,or , " ' :
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<br /> ` a '� tramf�rred reacli sgreement iai svriEing t13at tlze ered�t oi sucU ��erson is sa=isfuctoryto Lender:and t6rs,t ihe iz7terest
<br /> � � . .' �sayn�B 911 217P�.SLe�+;c c�r�.jror�1 FJ)!�LhlS �'TO�t^�3�v` S}:5�� �7C f'..L� SL'C�� r�^+iC ' IIS � i.L�ilC�i21' Sfin�i T2Cilc5'u. � �I � 1�CLC1Ci� �l'6S S�'8]VC(1 . . � ' ', ''
<br /> ' '� t�e �g�io� to accelarate pmvi�ed ir €h:s .;�arx�rapix l: a�d ii 33oarower's �uccessor ixz infesesr, naa e�eeuted a wriu- " . ',:'
<br /> � ` � ten assamption agri;ement sccepted in writing by Lender; Lender shall release Borron er irom sli obligations under ��
<br /> °t ` this 312+orGgage and the Note. `
<br /> is.� If'Lender exe3cises such optiou to accelerate, .€..ender, sha13 �nuil Borro�ver no'tice oi accelerstion in accosdance f '
<br /> cvit}a parsgrapFi 14 hereoi; ;3uch nociee s4a�tll �5roz-ic€e a ��erio�i c�f not len� 2han 30 da3-s iram thc date ttie nc�tiee' is `
<br /> � , mailecs. avithin ci�hich i�orrow�r rnag ��ay �iu sums uecl� reci �iue. li I�orrower iaiis io pity �ucn sums prior ta the
<br /> c�cpira�ian oi sueh period; I.erider'�nay, cviihout iu;-tlier nozice or detnand on }3'orrower, in�•oke any reinedies per-
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<br /> ;� � � � miE�3� by paragrag�h 18 iiereo�. �
<br /> � {� �b�-L�xrFo�ar Cov�x�x�;; Bor�•�awe3• arsci Lender sui•t;laer covenant a3ad agree as fo3lo�cs :
<br /> `r ��; 18. Acceleration;;Rerne+diesi �xcept ns 7z3•o ��icied in � >sxragrit3�L 1T 6ereof, up�on Bnrro�v�r'a txreacii Qf anti�
<br /> �,� ecrven�nt or agreer�ient of Borrosver in ft�is \tart �rt;c. incicsding tiic cave�anCs io ��ztv u•hen ciut uF�,Y -�iims ==ecured
<br /> z by this 13ortga;ge, Lender ��riar to seceieration s3�a11 m;iil notice to Borran•cr a5 r �rovideci m �aragra{�ls 14 I�ereaf
<br /> Epecif}�ing: ( i } ,the breacfi : t 2) tlie Exetion requireri to cifrc 4ach hmsr3i ; i3) a dafe, nat Icvs tl�an i:hirt.; dsys
<br /> : 3"'� frotn t3�e date the notice is mailed'to I3arrol+rx-, ij�� �c1�ie1� �i�cfi l�re;ieli iiiu.5t 1�c rua-ed t anci {� ) t3iat faiturc tu cure
<br /> `� such b-reach on or 6etore tflae �Ikiu speci�ed ica tl�e nutice ruay resu#t in acceleratiory oi Ci�e su:i�s secured by- tlsis
<br /> �,� j .1Sortg�ge aad sz�le oI the Pro�ee�ty. It tlxe t�rerycli i= not cured on ar l�eiore thc c9:ite �pecifieci in tl�e notice, Lender
<br /> ' ;tf: ; s�t Lera��ter's option uaay cieclarc a13 oi t?�e ausns s�eurec� kav t, i�i.� �Iorig:sgr, to be imme�iiatety duc ar.ci ;��}�able
<br /> � wittsou#, furt,hsr aezna�nd arnd �ay foreclase thi� �io�tgarge h5° Suilielal prc�ceedin�. Lender ski�,Ii bc eniitleii ta colleet
<br /> ` � in suc� prnceeding alt expenses; of forec3o,ure, anciuclii�g, hvt iiot !iinited to, rosts of docu�uentssn� evia�ence,
<br /> '{ abstx��ts and tiLle reports:
<br /> � 13. Borzavrer s iiight . Ro Reiastate_ .Nt>tw- itfsscandinK I_ender'� acceleratian c�f the �vns� secused Fs�v thi�
<br /> . , .,
<br /> � :kiortg�ge, $orrowershall havetl�e right t:o liave az�y ��rnceednng� begun �ay l;endei• zo cn#urec tliis \?ortga�;e ais-
<br /> ' " can�3n�ed at auy sime pritrr co entry oi a judgnaenk e�iipz^cin� ti�is .ltor€gnge if : f. a l F3orrc�s3•ez t�ays Lent�er ali
<br /> ' ,,, ; ; aunas �hich �cuuld �ae theti dae under tiaiE �iort�;:3 ��; tLe �'ote xanc3 notes seoixrin� Fururc Adraiscr�, if sn�� , tfad no
<br /> aceraeraii�n oe�urred : t.s�l �@rrox�er cur+eti aii i>rercixes oi :in�- oiher co�-enanG� or s: �rceri�enis oi $orroic•er con-
<br />� . � . taiaecl �n shis l��ott�agc ' le ) l�orrower �
<br /> pfs;�-;s atl rea�onablt� e��x�nees incurr�d b�� !�n�ex in cn€orr-in� k.he cavenAnts
<br /> ; ; � - az►d :s�ents of :$orrnw�r c7on#air�ed in ihis Jiorag3ge xnd in eniu�ria� Lenc3er's r�ane�ties as ��rovicied in p�rn-
<br /> � gra�rh 3$ hereo#, irrcludiug; bu� r.ot iimated tq, res�cc�nable aticri-ney;r, iee� : nnci id '! $arrox•er taizes sueh action ns
<br /> rc
<br /> e �a Lender raay reasooably y�e,qui�e tn assvr+e th�ea thc tien oi tlti� 11nrt�agc> , Leuder's i»terest in the Y'ropert� anci
<br /> �" Tiorrower's obligatior+ tn nsy the c�uxus seaared b�- $.his �liort��.�e ,<i�aii rantinu� uni:sapaireci_ I?}�ma snch r�a�meni
<br /> , r �� a�+d •eua� by �vrroaver, t�is '.�iorGgage and the t3bligali�ns serused hereb3- r-i�al! remaisa in full S'arce and effeet as if � . .
<br /> 3 P . . . � r �.� : �
<br /> Z lii7 &CC�CffittUh ;�YH[� UCCLLItO€�. . � � . . . � ¢a� � ,. x; � �� '
<br /> 2f'�: As�gamaat vf ii�tac: Apgoiaimen! af R�c�ivsa Leader xn Possessiou. As udditiona! security l�ere- � ' " '
<br /> �' � :ut3der, �aatas�er hemby ss�'sgrms to I,en,aer the rraf�s �f the Propert�•. �arox•icaeci t6sx Barron•er s:�ad�. �rior to aeceler- 'y � °
<br /> `"> at,iom te�aidergarRgr,spta �8 ttereflt or abasxc3onnrtnt v4 ti�e Pro��estv, ttx��e i�e ri�rt �o r.oileet snd retain Hueh rents ��F
<br /> �� � � �� ' � � tbxey°,�ome�iteaudpa�ralr3e. � � � � � � � �
<br /> � ��=ti.
<br /> r
<br />� �. ,i 7x�r a�r9arasicm xin*.i!�r nnr8�3?�}e 18 IaPreK�f nr ni*anrtar*�r:eM «+ +.h-� Yro;•e�-? p , LQr�?e. . ,,, j,e••nn , h�. �gon* �'r �.
<br /> r� - - ar 7aw i+uds'nia�iv .apwuainced tx�i�ver cho:3d be rratit�wcl cm �r�tp� �s�x+n, taicr �rroc�i;.cinTi <�( aiit�i eaixr�aee t iit� i'nr��Pcfv rr
<br />� sud �o:=collec.�. at�e rents +of #,he Fro�ser�y,, iaelt�dirag� -tluase pa�t ¢lue: ?�i2 ma�t� cvllectcici #.�r Leitaer or tt�e recci��er x �V
<br />` � skasIi #�-app2�ed firs� toprsysnen46 otthe co�Gs o€ u��sa�eanenc oi tl�e Prof�erty auc3 eull�ction oz rr:xzts , incluc�in�. but
<br />� ., , ncrt iam�al,ed t,s�. �ver's fees, �ceaiiutns �t mcris:er 's bonxl�< ssr.d mascri��t��e �itora�er `� fee„ �:ici ihen #c+ ckae sums
<br /> ,
<br /> secul� bgtts� �4Soatgsge• �,ender atsd t.�e recei��er ��sll he ?iahdc to nccouzxt on!?:- for a,hose :erats vctusilv me�i�-cd .
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