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<br /> no4 extet�d or �>ost.pone th+e due daW of thc ttsos�thly in.tn lliu�°nt:� referrecl t� in naragraphs 1 und 2 E�ereof ar
<br /> change t6e �movnt of sucl� mstallme�rts:
<br /> 30. Boetowaes Not Reletaaad lixt�k:nsiorr of tiic time for pa�•�uent qr modification nf :unue-Eizntion of the eums
<br /> ' secuzed by thSe;,Zortgn:ge �rnntecl by L.entier Go a�.ny ruccessorin interest of }3orro�.vca whall nv�, operate ta releaee,
<br /> +<' i in u,ny manner, thc' liab':lity of the orBginAl $orrawer and Borrocver'S successors "sn urterest. 3.ender shait not be
<br /> � rerq�ited tb �rammence riraCeedin�a agninsE sueh suceeasor or �efuse, ta extend time for payment ac otl�erwise modify
<br /> � � au�mrti�atiom of the su�s securE+ci by tt�is '\iortga.�e lay reasan of nny c3ema�id ma��c by ttxe or=_qinut Borrower and
<br /> � �i -. �QTEOW83"�SS1tCQP,.580PB1II ���Y31�[281..�. ., , . . . . . . . . . �
<br /> ' ' I1. Fnrbeearaaee ksy Lendez Nat a Waivex. . = Any forbenrance by Lender ir� exercising �ny right or reraedy
<br /> ` � he�reunder, or ot�er�vise aFEorded by aixplioabie la.iv, stimll not be �s rvai-rer of or preciude Lhe esercise of a.ny ,right '
<br /> ,� �� ar remedy here�nder. 'Phe proeui•emen� of insurasice or tiie ��nyrrzent of t�xea or atlier liens or ehsrges by Lender
<br /> � ' sisa%l not tre a w�iiver of' Lender's righ� to acceter:ite the m�.turity af tha indebtedness secured t�y this NFortgage.
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<br /> �ti ,'`a �2; Hemeclaes CutaulQ3ive. t�ll renyedios' provided in ,t�7is \�fortgaga nre distixict an�Y cumaalativ� -ta a.ny abher
<br /> ,, t ;� righ� or remedy vrnder ttiia _1forGgsge ar �ffordect f>y lai+- �r kquity , r�nd iz�av be exercised can�urrentlg, independ- �
<br /> _, en�l� ar'successi�rely. , � '` ;
<br /> ,� ' 13: Successors aad Rssiqas BQuad: J�iat easd SevezaL Liabi2ity: Captions. The ctavena..nts and; agreements
<br /> �' � here.in' oontaineri sha}I bind, und the rie;��ts IiereunelersPiali itzure to, tlic resneetivc siiccessars ur�d aesi�ns o£ I.ender
<br /> ," � �nd Aorrower; sctbject io t13e provi:aions of pf�ragzarl� 17 hereof. e�il cr�venani.s anc� agrec�tient� of Bnrrawer 9ha11
<br /> be joint and. �everal. The et�ptions snci headings c>f tlie �>aragrnphfi of t3�is \ Iortgu�e are fqr co.nvehienee only and
<br /> �u `� �re not to be used to interpret or define tlie provisions f�ereof. >: '.
<br /> r t � 14. Notiea : Any notic.e to i3orrorc er proc�ideci for 'ir� this \tortgage sliall }.ru �iven by niaaling such notice` by � ,
<br /> � t cez�ified Liiail aiiclressed to �orro�ver at the Yro;aetty rlddre5s scatecl balo�v, except f<rr an}� noticc requ3red under '
<br /> Fa"P �a,ra��aph 18 }�ereof to be �iven to Bc�ri�ower <in Zlie manner prescribed b}� t�pl�lictible Inw. -A.ny n�tice Fsrovided ; ,` ` . ' -
<br /> $ for izi this l�Iottgage skiall be deeined to liat�c been givcn to Borrowei^ �rhen givem ia th� mar�ner clesignatett lterein. ' .
<br /> � a 15. Unifozm Mortgege ; Governing Law; : Severability. 'I'hic, forn� of inortgr�ge comk�ines uniforsn aovenants
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<br /> �,�-.;� foa national use and non-uniform covenants witL limited vaa•intions by jtn•isdiction to constitr.ate u uniforrn seeu- ` � � '
<br /> "?° `. e ' rity instruu�ent `,covering real pi•operty_ This 3iortgage shal! be gaverned bv the la�d of the jurisdiction in �vhieh �
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<br /> >g the 1'roperty ie 3ocnted� Tn tlie event Ehat . any provisiom or clause of this i��Iortgage or the Note ' conflicts= with
<br /> � � ° � appl3ce}ble lu�v, such .confli�t shall not ' uffect other provisions of this _ltortgnge or the Note cvhiel� can be given �.
<br /> y«-K r effeat without tl�e conHiciing provision, nnd to this end tfie provisions of the ti'Iortgage and the Note are dealared ;' � ;
<br /> � .;� to be severable. f T
<br /> T 16. Bozrower's Copy. Borrowei shall be iurnislied a coniormec9 eopy of this R�Iortgage a� tLe time of execu- '
<br /> � tion or after recordation l�er.eof, �
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<br /> , ' 17. Tran,sier of the Property; Assumption. - It all or uny purt of tl�e Property or am interest therein is sold �
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<br /> " � or tran5ferred 6y Borrower zvithout Lender's pTior �vritten nonsent; excEuding (u ) tlie creation '<�af a lien or encum- " " '
<br /> ,r � ;, bran�e subordina.te to tFiis �lortga�e, ( �) the creation of t� �zurchase maiey, security interest; f�or househoid appli- > . 1 ' ^
<br /> " � :�nces, (c) a transSer by dev�se, descent uc; 6y operatiar �f lu«• upun-the det�th of a� ; oint ,tenant or (d ) the, grant of ` ` ,
<br /> ' , '- un 3easehnld interest of three ears or le�s not cantssinin� an o �tion tq �urchase Lender ma at Lender's o 6ion " °'
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<br /> " � ' declare nll the su3ns secured by this ��IorEgage to be irninediatcly due anci �iayable. I.ender shaLl hnve, �vaived such , I t, „
<br /> "� o tion-to Accelerate if iior to tl�e sale or transfer Lender a.nd the �ersoti.to whoni the Prq ert is to be sold-or � �
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<br /> " transferred resclt agreement iu �eiiting ihat tlie credit of sucli person. is s;ttisfactory to Lender u.nd that t12e int�rest '
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<br /> � payr�6le on the sums Eectired by tkiis lbior�gage shall ba at :sucli rnte �.s 3.eiider shali 1•equest. If Lender has �vaived '
<br /> >y �� the o�ption to aaeelerate provided in this7�nragrapgi 17 snd if Borrol+�er's successor in interest;hus executed a tv;it- % '
<br /> � '` ten s.ssumption agreement a�ecepted in �vriting b,y Lender, I.ender shall releuse Borrorver from a31 obligatioas under `
<br /> ��� ' � � this Pvlortgage and the Note. � �� � � �� � � � ��� � � � ��� � �� ` '
<br /> �ti„ -„�r IfiLender exercises suc�� option to accelerate, Lender shall �uail Borrower notice oI accelemtion in accordauce � ' '
<br /> ' ' wi£h paragxaph 14 hereo£. �ueh �zat L� shal; pruYitle u period of n�t le�s ihatl 30 ciaya from fh:e date tlxe nc�tice is
<br /> ; mx�,iled ,within ���ftich 13orrower �nav }7ny the surns deel�red duc. If Borrower faiis to puy aueh sums prior to the �
<br /> �� �� ex�irntion of sucl� Period , Lender �nay; �eitliout furtlier natice or cieixxand on I3'orro�ver, iixvoke un,y ramedies �er-
<br /> r , °�. mitted by parsgi�ph 18'hereof. '
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<br /> � �< < iV'ox-Uz. iNoitns CovErTerTs. Bo-ri�o�ver and Lender Pui•tl�er coveiiz�nt �nd xgree a5 £oila�v� :
<br /> , �, I6. Aecalec�ation; Remeedies: E�cept xs E�rovicleci in laarr��;raj�le 17 hcreof, upou 13orrower's breacli of uny
<br /> 7 , �.; covea�unt or sgreementbf B�+orroa�er in t6is \toit�;�ngc, iuclucling tl�e coven:�titti to pay` �+�hen due sny sums secured
<br /> < 6y tt�is kinrtgage, Lender p �'ior to acce3eratiou slixil] me�i[ naticc to ]3orr���'CA' SS ps•ut•ided in �rau•agr;i�>h 14 hcreof
<br /> �E , � specafying : ( 1 ) Ithe breacI� ; (`l) the :i�tion rec�uired to cw•c eueh i >rerscli ; (3 ) a da�tc, not less than #hirty dnys
<br /> , r -�.' ` frQnl � the date tlte noticc is �m�nileci� t�.a 13carco�rer, i >� f�l�icL �itrii'6re:xcL �nust l;ic curecl ; � iund 141 � that f�tilure �� to � cure �
<br /> , f , , euch Greach on or before tlre dtite specified an tlie nuticc »ia.y result iri ucceler:�ticsn ot t.he susu; seoured bY this
<br /> " ` � '_�Iortgage and. sa3e of t:he Proj>ci•ty. If t�ie breur.li zs ijat. curec� un or before the date specified i�z tl�e noticz, Lender
<br /> , ; ut S:ender'� option may i3eeiare ali Ut thc suius secureci by this �3orkgagc to be immediateis,� due and puyaUle
<br /> ' " � without further demand anc{ ma,Y ��reclose tl�is �Sortga�e 1>r jiidicial proceeding. I.e.nder sliall tre entitled to caUec4
<br /> �� , . t in s:3eh' proceedia�g a.11 ,eyFseiises of ioreclosure , including, hu4 uot limited zo, easts oC documentr�xy e4-icle�ce,
<br /> , < nbstracts and titl�e reports.
<br />�, � � ]9. Bonowsis Right �o Reinstate. ti'otwitl�stunding ].epcier'a acceleratiun of the ,urc�s seiiured i>y t.his
<br />�\ ",� Mort,gage, Borrower ahall have the rigtft to laati�e any proceec3ings be�uri Uy Lendec- to enforce this 1'(ortga.ge dis-
<br />� ,, cocatisaucd at any time prior to entry al a judgrn�ent enfoxcing this ; �lo� tgage if : {n l }3orr�w�r pays' Lender sll
<br />; ;.,:� sums wi�ich would be, then due under tliis ,1lortg�.F,,.a, the '_�'ote and tzates: sccurin�; Future r�d�^ac�ces, if aiiy, t�ad no
<br />�" ` . � aece}+eration ncetsxred ; ( i� ? Borrpwer ciaree aU Irrc arl�es c�f any otliex• c^�vcnante �r xgreett�ent= of 'Y,orrower con-
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<br /> � , taine.3in this �.iw�tgaga : (a%) 13orrc�u;er �>avn x111�Lis.;ottat,l� k�x� �cuaee ii+c��rr�d ti}� 7.rc��lur iri .;nforcin�; tlia �oa enauts
<br />'" "' " and "agreemeuLs, of Borrox:er oontained �n tl3is \�Ia�•t�;nge snd in enicai�cia� I;cn�ier'� reniedie� zz.� provided in para-
<br />�3 " y grapla i8 hereof, includ'aag, but not limited ta; r�asonable attr�rney '� t"ee�; auil ( �il 13orrowcr tr:kes sueh SGl`]O[1 us
<br />� ,,. ,z Lesaci�et msy teas�opably ;req�,tire to asaure lhut the lien o5 ttnis :11ori�;:i.�c , Le�i�ie�'c interest ii3 the Propert�� und
<br /> „ , ' Soarc�Ner's obiigstion .to }�ssp the sums securad bv xhi: '_11ozt�a�rst�all continuc u:rinxpaircc�, iF7�on such ��a.yment t
<br />� A ' ' a:sd eUre by BarrWwer, this Mnrt�;a�e ar:d tlie obligationr �ecuied lxetrin= sli�ll reinea.i�i in full fox�ce nnd efTect xs if ,� � , . :,�-w
<br />�`ns ;` no ac:roeleretion :had.oecurrecL ;;y4Nr , a � �"".
<br />`� �0: Fisw��arni <sk :�L'iva�i�: Fsp�asta�nora3 �i �aea:var: -7,enda; ia &'ossession. ?:s ad3:ticnal secti.itw here- :�
<br /> k;�s � � undeae, Borrowerl�ereby sesi�;ns tw. I.ender t,he re�tt�='of the Pro�ei�t��: �rovided that BUrrower shu31, prior to aoceler- ��"' ; '�� ; "
<br />�,,ti�,;� aiac+[r�q under pazagrsp� IS ��reof or abundonmeat of the 1'ro{serty, k�s��e tl�e ri�l�t to colleci and retain sue3r rents ;, � °
<br /> , � , �: 'ss t�e°y.#�ecom� :du�e and :pa�aabte. - ` ° ` .
<br /> � . . .. . . � .., af ' :
<br /> * - �Jpon-acaeleration �andcr �aragrs}i�+ it3 iae�^e.c�f �a• s#��n�icsnment ai �che Yrol�ert?rr, Lenrier. ira ��erson, L� agent �- r.
<br /> k � � : or �y� judieial�y iuppaix�#.e� t+eeeixer s�a� ioe entitl� ko t:aacer u��on, r:xkr �wsse��iU�€ oi soci iu�ia�age iku. Yr�uperi.y �
<br /> � ` ' $u+c3 tru cotl�t �lie rents a�f k�e Pro�+erty, ,includi��. khose past due. AII �rnts colleetccl !�v Lender �r t.he r�ceive.r � ` � �
<br /> �:
<br /> i aha�l �e apgliecl fi�st ta psy�eat of t�he c�osts of nas�agCment csi the Yro�rerty mn<i co3lectiun of rPntn, inelucii3ag. but
<br /> a, :. � . . . . ... �110� IL=113'kCti tP.� SCCCIX'S.'7�3 �. �G'.:�� �JI',C-*S11U2T1::� .USI I'CCC3Z'C7'�S t:b21.C�:` n � n � . f ' - 'n .c• : .. . .
<br /> .:�d re�.,on:bic st _orac� s 1 . �_ . �nc? thcn to th� ::,:;�s
<br /> � seC�r+eri by tl3is 31�ort,gage. i.�nder atid thte reeeiver:slisl3 tu• 13nble to acecrunt onl�° for tl�ose rer.tt xctuallV rcc<ived.
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