. . . . . . . . dfim . . . �
<br /> . . . . � �'� . 4
<br /> �w..... . . . . . . . . . . . � . �. �
<br /> �a� �acten� ar �3oatpone the c�ue dat,� ai t�a� t�aont �nty inxe�li �rvitnt �; r�•ewrs�+�al cn � n }��r.y�zasphw S saiyd :: laur�rag as
<br /> chan�,ra Che amourst ot cuch tinsC�Yu�¢nc�.
<br /> 30- BoaowarNlol �at�awd. I;actes�ians at t3ne> ti�s� far � >�iyrn�,er�e r�r msccNlFflr�tz��a� ��f a�nnM�s�c�orm �f t}u� �w�tiewb
<br /> u �
<br /> �ecuced bY this :�fartgng� $ran#,eei lfv� L,ender to aqy s�«cce�or m irster�^st ca£ F3orrowr�r �hat� n�c �,�sr�t� to re��+r.
<br /> in ar� niazyyy�r; t3se. lia�ilit� of it�e Qriginn� $nrraaver and 13c,rrower Q �.�c•ces�rn irx inttirc�.st. t.ct�ui�r eL�uAl nak #�
<br /> p requi:red ta� cotnxn�nc�a �>raceecisugs aga�nyt �ucl� �r��cea�or u+ rees�.,e eo exunci ticne for �;aym�ent ur utnerar^isr. mafif�
<br /> 0 auzae�tizution of Lkae sums secured by tliis �llortgaRe lry reasui� of uny d�ananet m�de bv thrs ori;r,insi Basrower ax� ;
<br /> � .,� , $orrc�wer's auviceasors in anGereet.
<br /> I1. Fos�searae�sce b'Y Lestdes. Not c Waivar.- An� forbesrance by I.�nder in exercinisag nny r'xght or xem+e+dy
<br /> 'r � � heretandex, or athsrwis¢ afforded by Applica.ble Tn�w , ahr�ll aroc be a waiver 8f or prec►ude thc exercise of any xight
<br /> � ur retne<ly here�nder. 't"lYe proc�u•em�nt of insuianee or the payme�t o€ tates or other lieiss ur rharge�a by Lender
<br /> ''� , � � ,shail yiot'be a wttiver of' Lend�r'a right to �ccefernte ttie mntiiritv of th� indebtPdress aecaired by this Nfortgsga.
<br /> ' ��� `� �2: .Rerae3ie� Cum�ulati��e. "A1C remer3ies provided in tiiia �Ioxtgsge are iiistinet and eumuiative to any other
<br /> � • np,itS qr e�me�iy�tu�der t�ais �Iortgnge nr affordc�t by la-�r nx e<�uicy: �nd .na�� F�e exercSscNi concurrenG!Y, in�epend-
<br /> � �'r'► �ntiy orsacee5a�ve�y. '
<br /> : � s ' x
<br /> , , q � ' ` i3: Sticeesso�s mtd As�ic�ss Bound: f+�iut anc3 Several LaabiFity: Captioas. 'The covenants and �greements
<br /> x r; ° tierei� conta's�ed s3�s1! t�ind , and the s'i�.;hLs lYerrunaer blzall inure to, khc resgective succes<ox-� und ussi�ns of Lender ;
<br /> �'• � zsnti �orrower, sutrjeat �a tl�e pra�risians'of 7�ara�r:�i�t� I7 laereaf. ?i31 covenants anrf ��reemen2s of Bqrrower skcaTl '
<br /> " � be joant and seueral. The r.uptions ancl l�eadings of thc t�uragr:at�Yrs aC tl �i� �ta=_-t�a�e sre fcsr conwEnience onfy snd
<br /> f "� �� tsrenot ta be used to iz�terpreG or defini Che �n�ovisirsx2a he.reof. "
<br /> re
<br /> r' T9i Notice. - r'�ny� nt�tire to $orrawrr �a1•o��tc9ecP . ior in tlu> �turt�a�e r�tiall t�r. gi•��exn bv yuailing nt�rFa noEice b�� „ !
<br /> a �
<br /> Y ` ;,s`" �� � cert��ea utail s�ddres5ed �� to Barrnwer at che Yropert�� :3ddi•ees stated be;o�;•, exeept ivr .�n�,� srnCice req�ired un�er � �� . ^ ��
<br /> � `, ; � � j�ttragraph 1S tFereaof ta bo givven� to Boi•roscer in � tI�e �x�mnncr ;�rescrit�e��! tay^ .�.��pliauUle iu�.v. �:4tty 3lotice pro��icied ,�, '��
<br /> ' ' zar in this vforCga�e al9ti11 l�ee deeinact to has¢ I�cen £;ivc�n toBcirru�i-er �vYian giveu iu tt�� insx.nnor dPsigivated htlrein. x , ;,
<br /> "� '�. i5� .Uaifozaa Mortgage; Gawarning Law; Sevezability. This form o: mort�age combines unifori� covenants `
<br /> � -„� � for naEio�al use aard nori-uniforni cavenants �vith limiGed ��ariations 9ry jurisdictior, t� canstitute a uniform seeu- �,;; ` '
<br /> JF � riby;in8trunient ct�verin� real ;aroperty. This �fortgage shall be gUverned uy the larv of thc jurisdiction in which f; r
<br /> tlie Property is `Iocated . ,:In the event tiiat ony Iirovision oi clause ot this illort�age or tl�e Noie cqrsflists vrith r' ` � � '
<br /> s � � � � � � �
<br /> ,` � �,pplicable Iaw, ;s�xaty conflict shnll not affect c�tlier provisions of this �Iorigu�e oa• the Note �vhich can be given r`' ' ", '
<br /> � � effect tvithout ,the conflictin� provis:c�n � aiid to Ehis end the F�rovisic�ns af iExc ��Iartgiige and the Note axe deelared i„' ` + ; t � "
<br /> x � �i to l�e severable. ; ;.
<br /> � �6. Borsower"s Copy. Borro«�er slialt be furnislied a eonformcd copy of tliis �Iort�;age at the t.im� af execu- c`�. ; ' � �,
<br /> '+" �` bion or,sfter recordation :hereof. ' ' `rt '< �"
<br /> 'Sa' f I7, Tras�sfer of the Property; Assumption. If �li or any part, of the Fmprrty or an iaterest tlierein is sold 4 '
<br /> a or transferted by Borrower cviihout Lentier s prioi• written consent, e;:eiud"u�g (a} the creation of a lien or encixm- G� : i > ' .
<br /> �"" k�ranee subardinate to thiG Z�Iartgnge; Cb) the creatian of ;s purchase money securiCy interesc for HouseTnold .ssppIi- .
<br /> °�{ w� anees, (c) a iransfer by devisP, descent oi� Fiy o�erntion at ]a��• utron the deatli of n joint tennnt or ( dl the "grant of ,',.: ✓ `
<br /> ,,, , � auy leasehold inteTest of three y _um �r less not contain3�xg an ontion to purchrmse , Lender naay; at I.,ende:'s optic3n; � �
<br /> �' � ' iieclase all t4ae sums secured bv Ghis ?bLartgage to be iiixineiiiately dair and payai�le. Lender si�all liavc x-aived such � ;
<br /> �> „ opti� to accelerw�e if, ,prior to tl�c saTe Qi trausier, Lender an� tl�e ��er:an to �vhocn'ftie Y�•operty is to be sold or :' ' : , < "
<br /> � � �
<br /> ; +` ' - trans#erredseacli agreement in �vriting that tlie credit af such person'is satisfactory to Lenc3tr und that '�lie interest �, I; �
<br /> ., , �� �stya.ble on theburns seaurnd i�y this Nloztgage shuIl be at sucli rat� as Leudes ehul! reques-i. If; 7.ender_;��as wai�zed i ; " r
<br /> � ; � , < the o-ption tn acce�erata provi3ed in fhis parugraplx 17 aud if Borra�ver's stxccessor in 'snterest l�as eXecuted a �vrit- � " ` '
<br /> ,��x", • ' ten assumption agxeement accepted in writing by I.ender, Lender shall release Iiorrox�er fram s�ll obligations.under i � ` ' �", �
<br /> , � this JSriortgage and the Note. ; � ' ,
<br /> ' ,t If'lender exercises such option to acceleratc, Lender st�all nnail Borrower notice oi acceieration in. acoordauce y� � � '
<br /> h n•itfi , pardgra��h,.l� hereoi. 8ucli notice sliail pro�•ide a period of noL le,s ttxan 30 days fron� tlie dste the notice ia t� ` � �;
<br /> rk, �, mailed w�ithin whiCh Borro�ver �nay pny the �ums'declared auc. Ii Borro�vei• inils ta pay such suma = prior to the f ; � r � °,
<br /> ^ `� ' ` expiration .oi suoh period, .Lender mxy , «�ithout , furti�er nociee or r�eTnand on �3arro�ver, invoke any retnediea per- ` ° ' ` r
<br /> i ,.
<br /> °�� ' E znitLedb xra r h 18 lSereof_ °
<br /> ' YP � � fi
<br /> � . �, � � , , .
<br /> �" � a: „'`.
<br /> �, "�. � Nux-I3xiNo�n1 Covf:v.ixTs. 73arrawer uncl Lende�• furiher cc�venant atid agrec as follorv� :
<br /> , � .:� I8. Aceelerafion; Remedies. Exce��t. as pro>�ided in pa3•agr-.ij�ti 17 lacreuf, upon E3orrotver'� breae}i of any � T`''
<br /> i, ,;;,� covenant or agree�nent +of Borrower in tliis \fortgaige . inclucting thc coven�nts to �>ny ' �;�he� ciuc any e�ms secuxed
<br /> � ,:,a by tf3is i�lortgag�> Lender i �rior to accelera.tiou sliall niuil notice to Borcut+�ei ets �n•ovided in p�a•agrap�� 14 laereof ,
<br /> ,�` �!�y , speci�ying:.. ( 1 ) , tl�e breach ; ( 2)' ilie :� ction rec�uirect to cui°c aucla .lirear. ls ; 131 �l daLc; not icss Y1�Hn ' thirty days
<br /> � ftom tlie date thc notice' ia m�ileci to 13orrvti��cr, li�• ��•I�ich �ui�l� l �re:�r1� ii�ust t�e cure�i ; : anci (41 theit (ailure xo cure
<br /> rR ' % ` such lireach an or before ilie date specified in tLc noticc muy result in r�ccc3erc�tion of tl �e sums secured by tl�is � .
<br /> 4 �� ! tilvi�iga�e and sale of #he Fro�erty. If tl�e brench i� not cured on c�a• i�efore tlze d.ttc specifiFd in tl�e notice, Le�der ' `
<br /> ,u+' ,� ti at, 7.�:nder's option xnay< decls3rc all of ti�c swns secured 1ty ti>>s �Sortgage tca be immecii,niely 3ue ur�d pay�ble
<br /> ,
<br /> � . . � , ts�ittuout furt�aer demand and �nay f�reclose tlris 1lorign�,e by auilicial }>roceeclir�g. I.ender sl;s�ll be erstiGic=cl to coliect ,
<br /> ; � in s�uc}� praceeding adl ` expenses oi foreelosure, inrl�iding, tsul iaot ]i�nited cu , cocz : of docunxentar� evidence,
<br />�"' ,� abstz'scts and title reports.
<br />�' � 18. Bozroweis Right fo Reinstate. - �ottriina�.uaiuicig i_ender � .�cc.-lzrat:on a: the sut� � ae^,urad h}� this
<br />�£'�a � Mortga�e, Borroverer ahali have tl�c right to ha��e any �roceedinge ��e�un k�y I .�ixler [o e�faroe chi� :�7ortgage dis-
<br />� ,� ` aonti�ued at any time �rior tv eqiry of � judgnient enfo)rcing tUas _llor"t�tige ii : (:t.l Barrox•cr pavs Lender sll
<br />� ¥ �
<br /> sa�m� whieh would be then due under this tloii �;a�;e, ti� c :dote rind notes �ecurix�g h'uturc Advx�nces, if aa�y, had no
<br /> ; ; aceet�eratian ocenrred ; {!� ) Iivrrower cures all breuche� of 'anv oinei• co�•cn:��ts or ��;reer7csrite af 33arsqkver ct�.:�- '
<br />` , tuisse.�i in Lhis� 3Sortgxge� i+� ) Borron-�r }�ay's s�l :ra�nn.: ulc• et��t�a_e- �z�curred h�� l .vnder Sn unforcing the ccrvetrxntH . .
<br />^� ` � ' ` . - 4lcirtga�c und in enforcin�; T.ender'a remedits as provideci in paxzt-
<br /> aud agreem�xats; o# Borrower eontaaned in , tlii� _
<br />� ...,_ „ . .. : ...:
<br />,,�rv,� ,� ' �'. �I'A.p,�31$ j]e2'2QIj UZ7Clllq131�� U323� IIOL 13I1]]LEIX T-O� rCS,r,eOS1Y;Jitl � &LLVi'tWY �s� ler.n _ .ttitii icii ii3a4vi�: ci` �:i<aov,— � � � .s � .`. ... •"'.
<br />'r , � , I.enc�.er n�ny reasanably.: require to assure tliut the lies� of tius _\fvrtga�;e . r1�•nd�r's interest in the Pro�acrty and
<br />�^s Bt�El�wer's a3aligaziqn Go }�ay the: �ums sec+ured t�,y ;thic �tortga�;e slial! cont,in�.0 uninxj�airerL iJi�on su¢ii ptty��enZ ;
<br /> b+� .�.� ' atid cuire iry $orrs�wer, this Mortgege and t�l�e obli�ativrxs secumd lat�reby �hall remaiAa in faall torec- and effeet as if `
<br />��nr n f , nu acaeeleration ;h�.d accurred. �,� � ' ��
<br />�,x�$ ; ; ' �O. 'A�BRi�#ilftl6l� O�':;R6IIZ$1'APp03Rlt�BII1 04 R6CP3i'BX; LG'3iCIBt.JI1 PASSB&felDA. .�& additionai sec�raty I�ere- �` . ' �
<br />�� � � u,c�3e�s,BDrroawsr i�reb}* assigus t�o Itender t,�e t'�nfsro£ t;�ic P'roperty_ Pa•arida.'ri t4�ut ]3orrower shall, 3>rior to acceler- � °�' ._ .
<br /> � � �� �F
<br />�,, ,, � ?, �}aoc: und�r psrag�aph 3$ .�Sereof oe sband+cancuent of ttse Property . ha�•e thc rigirt to coilect and retaip euch renis ,� � �
<br />,� �� s�:tJ�ey�;#}�eoo�n,e��� aud,�agabl�. , � � � � �
<br /> ,� . Y.{ . .. �' . � . � .� .1
<br />� � � � {J:p4tr ac+ceie�u��n� ura�r ��a�s�»p➢t �ltti i�ur�i u�• �I,n+�dc�r,��i�� �i tl�,,: Yropertr'�, .�•.cr.dcr. . in ,;arsors, t�}�. ��m� , ;,,�„� � . . �
<br /> n , 2 :or by�.judi��;� a�3?+ainied x�niv�r�a��a�� 1,,� ����iblcrl t,a �:nte+• u;aa�,� takt ;�osr�.�.�ia�: a' sn� .yx� aa=�:,e t�he YroPert3' � �' ,„
<br /> p�t� ; �ad a�o'�ollec'E tlie xents sa#, tlte P.ta��, i�oludi�g �hc�se t�ast due. �11 r�ts solleet,ed b�� Lender or L•3�e receiver :�.� :: m
<br />��` ` •. s#�t,1L, }fc app�=fiast �o payme�trof t.he es3s�s �E wasagtanet�L af thr YxoCaercy a.�a�l Coilcriion o3 rent�, including, Ftut
<br />'A , . . naL 3:ztutcd 'i.o, SC�Cires'< feeW, �'remiter�ag er+ mr�i+�rr'a i�nii= w++�i i�^er:ot��h�e x�iorney's feew. atid then to the sums
<br /> z�ss�sr+�d by �ia: z'Lf+carEgagQ- �ets�de� ant'1 'the s-eceiver slaai� be lixbfe io accoun# r�nh• for tfia�e rents xrf:uali3� recei��c�ci .
<br /> �w�, � � � � �.�. � � _....� � �
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