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<br /> � It uncier paragrs,pt� 18 herecr# the YruErr. rtw ia :�oE�f or tl,c� t'roz,,erty i; oth.. rui-�• _scc� ::imd by I,ezxder. ;:endes �
<br /> ; shr�Yk a�yrl�, :�uo 4s¢�c� �aaa isnuxtu��ittel?v �rriesr ter lda�t �reEc �i x, lxn !'rrs:}�crclr nr ie� ar���ii�irinn F:.3� I .e�r2�3ez-. r�ttk F�wnc3�
<br /> � he�d by T�tl��er �mt� ch� irmr a# �r�ralir�t.iQn as .0 crvdit u�asu.ia�t thc: c�runh >cc��� reci bti� th"a.� J�to�cgs;n:. �
<br /> 3, Rpplicatioa of: Paysttente: Unless a.gi@lieablr tn51• liroctci�s otfiersa-i.�ca , :�ll psvments recc<ive<3 �ry I,ezider.
<br /> Uaades tlxe '�'�TofB and [r,�tagF�i�is� 1 arul 2 h�erce�f �hull iYe a�>{�lieii iwv �,euder iir.c in j,sy:nEnt af nmounr..5 �rsvable to
<br /> � Lender b� �tottas�er �nder. Waaa�rapli 2 lie�eof, tl�en La interest iva��atife or� t )s,e :�oce+ anci on Future ,�,c3vances, i€
<br /> � � �� ' s�nyr, an� �1tew �r .�h� �rz�e:pa� wt ihe D:oGc asad zo �t�he ;�r`ar��r,ip�l of �uture �d�-ancca, if any. � � �
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<br /> 4., 4�earcJeaul:iesss. ; Botanwer slrall Sys3y� ali �aacest sa�se9sirrten�.� wnd atl�er s�7ar�e� , fii7as :tiad irng�os�tians attrib-
<br /> p " l uf„�ble #+a �hc� Pm�erty rvhieh ma,y .uttaizn :a �rrioraty cwer lt�is Liccxrt�nge, an+�' ground re�t�, z£ ttny,� at Lender'� "
<br /> j � opEiost�isn +iCh�' tn�t'ua�r '��rtl'�'iuled ua#ler parsy,�'�pfi 2 here��. or trr f3oszower ixzsslcing pay�ssexFt, �vhen c3u�e, directly #a
<br /> ,�� r the payeer thereoCu 8�xrrovacr si��1 prampt3y, iuxni�li to Z.eneler aiT noficr,,w of smounis du� under thi� 'parngrapis ., ' �`. ,
<br /> k r mud. +�s 'ti��. �venE �or�avuer sl�ait apa�:o pa�qi,�n�, di�ct&yY, I3nsratcer .trull prani;atib iurnish ta I,ender receipts avi- ",
<br /> �;fi >s� , d��sea� s�eIa. l�Yt�er�S.-Harrowes�,s3�ali �araJsai�t3y aiiacl��gesan5 ]iem iwuicch hrus prionty nuer t,his *utcyrt�age : Prn- s
<br /> "r £ ,vi+ie,d,�.�ta� �iozzopr�er.s�tatf ncki k�e zec;uizcc# !ra disetzai�e a:�p suek� 9ie:n su 3pss� as Borroarer shall ��ree in writitag �ca , " ` `
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<br /> 7 , ' the pagsnea� oi ilt� a�s3ip,�atiou se�re�! �y �uc� liCn i�ti zt naannzr uce�tsrUie w I;.,ender, ox shaalF in gaai iaath eontest "> ' "
<br /> <,� f� snch 1iea� by; ar defan�d anfarceme�rit oE such 3ien in, le�a.� ;>roceedings �vlaich ap�xate to �arevent tI�e snaoicemer�C oa ' , , � ,
<br /> " � the liea ,br�arf�z�u� aF tlie P'roperty nr aaxy �art t3yereui_ � � :
<br /> ` ' S: Hrizard:Insasremaa. Borrrower slia3t l,,ee�i k§ae inz�arove�enc.y nou• ex�t•ia�� ar iiemaf�:r eree�ed ffin the Prop- �" ' ' ^` �
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<br /> �, � ' `crG� iustired u�sitts� la�s by frre, �:tszsrds ineluded within the tercn ` •eatendc�% r.csverage"�; ax�cl suGl� atlzar :hazart3s m� � ',
<br /> � rLL� �z��3er i»r�y �qu'u� a��d in gu�ch aaseaunts �raci fornuc,�i I�e�riocis xt� L�nder ansy;require ; providec�, Chat I.ender �h�l� I � ,
<br /> ,� � noG.ri�turae that tae �naouut mf such aouerage e�ceet� t��aL au7oun�, o: coverage _r,equirecl to }�sy ttie suu� secured 'byT ' �
<br /> ;r i� � tius �kiar�a�e. � ' � � � � � ;
<br /> � ; � Tfie� insur�nee r..aa.rrien praviciing tFzs insurancc� shadf be� �cho�erc �Gg £iorracr-er suniect xo appravtti hv Lender.�. a �,
<br /> zJ` i ' provided;�haL suePi approua9 shal's not be unr�usonabiy Eri�hiield � :��2 premiu�s on i�surnn�e paticies shalf be gaic� ; ;;
<br /> ��, at Lender $ optian in aUs marxzier �ro�-ider3 nnder para�spi� 2 hereoi or fi�v F3aacon^er rz�atLing payzne�t, �vhen due, ' � ' �
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<br /> `�S �, direG�ly ta the insuratgee cazr�er. , j
<br /> �� ,�� In tt�e event agy poLcy is . nat aenew�ed on or before ten days of its .expiration; the Lend�r, to prot+ect ',4
<br /> �3' d its intieres-t, may procure insara.nce on the improvements; pay the preuuums and such sum shall beco� , t �
<br /> ��r � z�nedrak,e]y dne and pupahle v�ith interest ut the rate ; set fmrth xn said note unti3 paid ,�nd shsil b� , - �
<br />�;n secured b�* tkas Ivfortgage. Failure by Bo-irawer - to compl� may, ut aption of �.ender, constitute a defanat-� �
<br /> � � uttdez the� terazs of �his Mortgage. v. ' �
<br /> '���` '� �l t insurance po i aeies 'an d renewr�is t her�oi s hs l l iia "sn ionn sc�epca t s ie r.a �.en der rsn d s lra l i inc 3ude a s tan dt�r d ' '
<br /> 3° � �nnstgage +cisuse in favor oi und iaa iorm acce�isble to I.ender. Lent�er ahali 1aa�e tl�e right to lioPd tlie �aoiicies :inc1 F
<br /> ' � renewais G�ereo#,;an� Bnrrawer c�iall pramgc3y turnish Yo Lender a..31'renews�,l rxotiews �nd al2 receipts of paid gre- , , , �
<br /> �',y� a, rniums. ;im the event �[ loss, Borrower sizali �ic�e protnps. noiice to the izasurar�ce carrier and Lender, snd Lender s`� , , ," 4,
<br /> ;,' � may mske praof;,o# ic�ss ii ao� msde prom�tiy L,v Borrower. , '.� r :
<br /> `� ,,. IInle� Ler_der aa$ Boarocaer othersvisse agree sn �-riti:ag; insur�:nce proceecis shali t�e applie[1 to r.esioration. b$
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<br /> f�� � repais. ot she Pro�rf� damsged, pravided sucln restorst:on ar rep�ir is ecanoza�ic:sl)y ie�sik�le and tk� ;seearit}� 03` `
<br /> '`^� � this 1�3oftgage is'not �hereby impaire� Ii such restor.�tion or repai= .is nat economically fe:isiUle or iE tho securitiy `
<br /> +„'- « of this _ll+�tgage caou�d Ue iY�:paired, ta�e :rasurance pruceeds shail 3>c-: ui�piied tu the sua3ss secuzeii by tlg3s' fiiortgagr, : � '
<br /> �}�" , with the;excess, ii �nt , paid ta Bor�n�ser. If t�e Yro��ercy is nbandaned bu Bor-s�wer or ii Boraou*er #ak3s io sespoa�
<br /> la Lender �athin 34 �:sys rsfi�r sia�iice by Lencler to Borrcan�er chas c��e insurance carr3�r o�ers Go settl+a a� claim io� I
<br /> '� � " ' insurance i�es�efits Lender is auihorued to: aoliect anc't rs i� t2Ye irisurance roceeci� at Lender's o �ion eithex ;te�, ' ' ,," ' y^
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<br /> �r restoratSon,or rep2air c�i the Prope�Ey or i�cw i}2� sums secus� i�v 'Ghis \3ortgage; . , , �
<br /> ' � Unies� Lendes aud Borra�ner oti�enc"see �gree in �vriting, any =ucL applieation oi }�raceeds to p^ineipai shsl� �
<br /> �n,� � not �cteifc�. or �Sost}�an� the due d�te uf ihe rnonthlc instalsnents re£erred ?o sn parm�phs i and 2 hereo€ or change �
<br /> �, � Lhe amouaEt of suc� insE�llmenas.
<br /> Yy � I£ �inder parsgrsc�h 18 hereo# ti�e �?rope�y is acquised 6y I.ender, all rigi�t, title snd itsterest uf $orra�ver ir� '
<br /> ,F° :� ai�t! #,� ansr,iusura�ee policiee �nd;in and _to t3�e proceerls zliereof ( t,� i3�e exeznt of Ehe rum.� sQcured tr� ihes I�ior�-
<br /> ,��,, � gage immgdiately priar to sucli sate nr �eq�isiiioaJ reszs[rin�; irorr� damage z.o t3ye Progerty prioa� to the �e ot ''
<br /> r � _.� acguisitionshall F+ass io,Lendai. `
<br /> i� ; &. Preservatioa �sd M�ntenmice of Property:Lecsehaids: Cattdomiaiuxns. Barro�er. slaail k�+ep,the Prap- � ' `
<br /> �,r � tr�y in go�od re�+air azatl sha11 uot g�ermxL t>r comxniE tivaste. , impairnzent, or cete�rioration oi the ;Praperty and shal� `
<br />��4p =� .� ensnQ2�.,iya"zh che pzovasiaiis oP anylease, iS ft��is \tort.g�ge is nn a leaselio2d. Ii �.liis :�Ior6gage is on s �ouflom":niun� +
<br />� ,�f} 5 unit� Serrtswer slisll }aer#orm all of 33ozrawer's obiigatioxss uader t3:e decInrzs�ian af condamaniuut or anester deed ,
<br />�u;a ' � 'bhe by-Iavcs and iegufations oi ft��e condozninaurn ��roject anci eonsc"siuen 't dacv�ent..
<br />�;� G =� 7. Prolectiaa ofE.andeis �ecurity. Zf Bortocy'er f3 'sis to periaam the covensnt; and agreeu�ents cantained i�
<br /> � #his �3ortg,�ge, or "sf s�y ac�ion Qr proceeding is coa�mer�cex� cwhiei� rrasfer:aIlti* a4�ect�s Lende�'E int,erest iu, the Prop-
<br />����� � erty, inelt�dis�g, but rl-0t limited �; eminexati rlomaia, in�oi��e�aiy�. e�rle enforcc��ent. vr araa�geme�xt� oi pzoc�eed-
<br />�� � � ings in�oi3.zng a' bsn3crupt. ar decedent, Lk�n $.endez at F.�nder's np�ion, upvn asotice io Borraiver, icxa�. ma3ce suci�-
<br />�� '.,t� >appearan�aes; diebua�se �uch sums �nd c.akre such aeiioa rs` is neces.�r,y ta praierk i.znder's interest, irsclvding, 6u�
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<br /> not lisnifes3 io, di�bursezuent Qi ressousais:e sttorne;• 5 fte- snci er_ii7• ug�or t'�e Frcr�sertw t�o m� ke �^epsSrs. �ay
<br />� ' " �' amou�fs:�s�ursed bs- Let�cier pur�uant t,a tktf� paragrx��3 7, n^iil� izi�erest tt�iere�n, shail be�tvrne additiansl indebt-
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<br />�' � � edaesa of �3orrower s�umci i�v thas liortgage_ I3nle�s Borrower anri ;Lender sgr�e Lo oiher teams of gaymenc; suelx
<br />� � amounts s33a1! ba ps�y�ble upozx notice izam ,Lendes to $orra��,-er rs .�=uestins }�ayTmsnt ttzereof, anti sha�l bear ixster-
<br />�` � . � est #rom t.�ne date z�i �asbuises�enc ai the rafe stsiad in ti�e '_�oze nu3e.s }sa�-anerat oi snt.erest at sueh ratie ti�auld be
<br /> � , ennLrar� i.sa spp3scabTi�e las��, iri ic�ieI� evernt: sucti aa�oura%s sFasft i�ear inter�c at the �.i��s•:� rate pe�rui�ibie bi
<br /> w � � applica�le law. �utltsng contzsSn�d in aitiis �i�nigrr��i� : sP�.ill reryui :e Lender tv incur any- a�c(�ens� os do ans� �ct.
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<br /> F� .. , �. 8. Inspection.. Le�3des t;ssy �nake os ca�uee to tre iraacdc s•ea�o�sblr ent:rie4 u}�on a�<z sna��ection» 01 Ehe Pra�-
<br />.0 ert�, p��-�ded z��3 Lea�°er .�3�a12 gire Bo�ro��tr n�fic•c , y,�aor ;U :ar;�• auc:i :ns�ce�iar� �3>ecifrin,� reasoaiable cause
<br />,� x��ior re�.at�i tv 3�eascier� iut�re�t in thE �'rc�}�er�y,
<br /> , , 9. Goundamaatiozt. -The �roceeds of an?: aevarci �r cfairu ior <aar,�uges; aircrt or rsor3sec�ventiaj , i� cAnnectior
<br />���,�� ; wi3ti s3sy, r.acsder�rn:a#�icaFu o3� ot.�aer �:aking aa'atxe Prc,#3ert.z� . �3• ;aart tlasreuf. or' iar cunl•e�aziee in ;3ieu o�' condemxuz-
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<br /> �{ � dioe, areh�reL}+ a�agrsKciu�sd �kral3:be ��ai�sso �e�ader: �
<br />��, � In �ta� eaaenL cs: a :atal ta3ang uf the Fro�r�•y= the ;ar�acccecla c-7ia;:� 1,e �a��}�;i�� ta fih� �u�x� �curc:t� b�- this 3gori-
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<br /> gage. Zvitla the cxce.*..-�-. if an�, 4�aici to Banro�rer. Tr� #iae ec•en[ a{ a �r.ackia? tsksrzg oi ihe Pr�3�erty . �nl�ss Borrower �� :t• �� :
<br /> > � ; atsd��s�c+ihezs��c agree is3 wriiss�g, t2�ere alsaii 'i�e a}��lieii tv t3a,z sua�e seeuseti b+r ihi,� liorlgr�e �uch prc,pcs_ ," ',
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<br /> � xisrn tR£. �e p�as ss-s is equai tv- timt �r.xgaz�fi�n �inicn i3yz �t��ua�� nf [�e =u�s �ec-u�,: :� tft:s 3acr'�,ga8e ira�ae- ,
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<br /> F� ` � ' disi�p ,gr�eer i0 t�se da�te of �a,king beaas crs t3�me Exir xn�r�c�et B�aiue vi the i'ao�erc�� imcnesi�as�l; pricar ta� the date a€ � j
<br />�;� a �= !i�dkt�it.?��e�.ce oT � proceeds psid � u BorFonvar_ -
<br />� ri, :. '� Y� #„� �'t� is �,L- andonerl-by B�orraa;er oi� si xa#er a�otaee i�c Lenc�+er tA �iorinu�es thsi the ean�i�a�nns o$er� ,;;x";�»
<br />� Y �� to tn�;�a�s� �r setitie a tlas�+i #or dasna�9ges, l3+arrnwrer fai��? ta s�e��csnca, xa l.enrier a��xsii� 3� c�a��� of i,he ciace ,7•�.r«o :
<br /> t * oi sut�-;ntt�ice, s�nrier i�s su�stiaris�ea tn ecsiteca snd a�t�r�� c�e q�rose�is ur i.eu�er � o�sion �i�hes ca re.ccore;.�,i�n or W �;h,�
<br />�E re�ttir e�f,�ae I'r�p�er�g ur t� the si�a �escux�cl �a3r Eiiss �forzgagg. _ °�'
<br /> h '(7n�eae L�' �ss+� �orsxawier: at�iems��"sre sgnee iu nri�u+g. suy �e3� sP�a3ficstiou of presceexls z�x �r"sncSpaI sl�sll
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