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<br /> :ire not to be used tci icverpra�x ur � 3�rfiiia r uc + �rvii-�„ � ,i., i , ;,,i �roi ; ,;:,
<br /> 14. Notace 1n : t�ut� r�� tw f3o �cm����� � ito a, i� � u � � n [I � C� oa � ,.� R� • 't � s � l l ���� y. tteu t �v xvrwiianpy n4a ��n uvtirr i�r�
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<br /> �Y1 ch�r ��dt>rt�a�e :: f�,�:el � t �e ��ea n [ �I [� t ,�z e < <���,��� t � ti i.c� L�, : u�4' c . .v , ;a•¢� �,iti � e a�u r f � r ier;atvit I" � 1�^,i�u.�e�vi 'r�crmn . �
<br /> 15. jTaifazm A'Iortgas,�e; �io�vuerning Lawx $everability. I ii �n iun'��� u,f rii� rr �:t;�a� c��rn6y�ti��c. uo� i�5�7rn� cacetaunt�; �
<br /> for nfltionai +.ise anci non- uuiYorrn r. ��ve�.iaint� ��� � c �i � i��urer} � i •,ar ;on I,�• , �� ��i,� itct�rn� to ci�n:;titut.e el uaifosrn secu- � �
<br /> rit� 3nstrstt7le�t cm��a•i�ia� reul }���to��erk}T, "1 h,= \ [r�i�t �;ig�; ,y�h .tu b� �;ca� rrnecl t7v tloc 1'�;�;dv ��i �ttac, � ur�sG9�iction in whi�ut� � � � �
<br /> Che I'roperty is locate�l. In fhe evetrt t }zat nn }• ��ru� isi�n m c : aac�e ��i t ',is \I�rt �,i�;e �r the �Tote corzNicts with
<br /> appfabable ]a��a', su�k�� esorifli�t sha�il ra�bt :l2fcc [ �ytl �pr pyrovi�mai�rh uf tinz �Cnck��;agr du� �kLe ���yt;a hvhiCl�i ciin '�b �ave,h �
<br /> 0 , I e �Ic�rt�;a�e unci ttie \'oGe, ire cfeclare�i
<br /> ' � to beseverable� ��e conf�ir,tiiy �r� � isiQn„�ncl t� � tii� ena � fic > � o -i.i
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<br /> 16. Borrowar's Copy. F3t�rro�cer atcal ( I>c f�rnis�,cr) a: a�ntcir�t�ed � �p 'y �� [ this �li�r[g:;�;e at the time of execu-
<br /> t�on or afGer recordatiox� ]iereof. i , , ,
<br /> 7,7. Transfer of Eke Prog�erTy; Assumption. If ail c,r` .tny r �ari. ��f tlu; Yr�p�rt.y� ur an interest thereir. is sold
<br /> vr transferred by Borrower with�ut 1,,encier:� ��ri�i• ti� ritxr..ii cc;nsent . excludi:��. { t� ) the �reation Uf :z tien or �ncurn-
<br /> f� bx�n�ce subordinate tcr thia �Zurtgrig�, (bj thc ei•ention Evf ;m purcFe��y� ruou�r ser,u�rity int��rwst ,t�y±� h�usc�hatcl � a�p�li- �
<br /> un¢e�, t,�) a� trsnsier b�y� detiibe, dEsc�nt,��or by �r�eratlon of P <n�� u���i>m th.� �le��h uY � �, jo3nt ttrsiaa��t or �d )� t:re g�aaG o# �
<br /> ' ; any 3 ��asehold intere5t of tnree t�c:�r„ or le.s not. caut�inir���' :w uc� ti�u to �>urah.ise , I.a:nder in.at•. tit l:.enc{er's o;++i^s; -
<br /> , d��lare all t,hesua,ns yecured b;r this l�iortgagc to k�c� i��iine� antai�- cfue nTlc� pa;�•af�lc: d.endcr �hali liave. su•ai�,^c�d �u�h
<br /> option to nceelerate ii, }�rior �� ti�E �xle �i� tr.tin;icr, l.eneier snci tl�e � ,t r5on t�� wt;o:�:� fhe I'ru��erty is to br sotd or
<br /> transferr�d re�ch abi�er.ment in �vnting tltctt che credii �f eucti p��iscin i� s�mtisiactory- io I.eri�lAr and ttisti the int�rest
<br /> � � �- � � pax.a��ble oa tl�e �ui��is seaured �xy YY,�ns \fo:rtiK � �_ �l�all i�e �t �uct, rate� ;�.s� ;C,enc�er ,.➢�� l1 r•ec��i�es.t. Ii I,tiader hzs v���,ived � �
<br /> � - the option to ucceieraie provided in ti}iis �S.ira�;ruph 17 und it 13orrower's sitecessor in interest hus ¢xecuted �, wrzt-
<br /> ' ten assumption agreetnent aecepied in writing Ly t.eizder, Lender shiill rclease Borrower from all obligations undei�
<br /> � r' this 14*artgage and the Note.
<br /> If Lender exercises sucl� option to uccelerate, I.ender shn11 *fzai! Borrower notice o2 accelerntion in aecordanoe
<br /> ' tisith �aragraph 14 hereof. 5uch noticc sliall pro�•ide a J�erio� ui not li.s;, Lhan 30 clays iroru the; ciate the notice �is �
<br /> { � � mt�iled wi 'thin� whicl'z i3orro�ver rn�,y p;ty tl�e itim� acclaare� i�1ue_ � IP 13orro��•er� fuil's to psly �uch suius ��rior � to � the
<br /> ' expiration of such Iieriod, Lender may, ��• ithant iu�•tt�er noticc or dernand on H'orrower, im� nke an,y remedies per- .
<br /> ' �
<br /> mitted by paragra�h 18 hereof.
<br /> � \T�>:�;-T3xiaoiz:+z Gc>�•�::va.�rs. i3iirrowc�i• .:ind Lender 1'urtUc��� covenant •rnd a�'re�� as :Yollo�vs :
<br /> ' i8. Accelezaflon: Remedies T�.xccpc as pro��idccl iu p:u .�gr.�pli 17 hcreoi' : upon :13orro�ver', Irreaclz ot' .xn�•
<br /> covenit�rt or agreement of Borro«�er ii� thia \(oi•t�:i�o , inclucliuG tLe coveiT:L��ts to ��ay �F•hen dur_ ;anti• ctams sr�ciired
<br /> I�y fhis 11ort�age, Lender � �rior to •rccclirutio�i aliiilt niail r�oiicc Lci I3orra��rcr nw ��ro��id�ii iri � �,tra�;rat�i� 1 -� t�ereof
<br /> spccif_ymg : I1 ) the 'bre:scii ; 12i the itctiun rcquirc�i tc� cuac ,ucli brcacL ; ! J ) a cintt:. nob Icss tlinn ttiirt�� da,ys
<br /> fron'� she dute tl�e noticc i5 uitiiled to 13orro�.cr. L}� �� Licii st� ch lirc.ieh n � u,t be curc�d ; :tnit (� 1 that f'ail�n•e to eure
<br /> �uch bieach on oz• before tlie dacc 5}3ecifien �n the t�ocice �r3aty iesalt in ucceleration ni tlie suu�s vecured i�y itiis
<br /> � otorz,�a6e snd sale �oi the YroF>crY,y 1 � tt�c brez� fi .z� roi currcf ou or befot•c tlic. datc sE>ccif�iccf in thar � notiue, Lcncler �
<br /> tat Lender's ontion itii�v declare all ot the �wn; secure� 1��� ihi� 1lort�.��c to lie imrnedincely dr�e and r�iyable
<br /> �sitkiout furtlYer dentvnd and rriay i'orcclose this �Iort�a�c (i�- ,judici;sl proccedirig. Lcndc°r slr ;ili bc ent.iiled to collcct
<br /> � in suel: prc�cecding .tll � expenses of fmcr_ losurc�, i �� rlu� lin�; . biiL nok� ! iwitrd to, cost � ul de�cuuientary e�idet��ce,
<br /> abstracGs and tiile report.s.
<br /> 29, $ozrower's Right So Reinstate. \oiccithst�andiug I:eudea', accelerution oi khe xu�u� securi:d b�� this
<br /> ?vIortgsge, $orro�t•eT shall have tl�e riglit to have zt��y proceeding. be�;wi bp Lendc+r to cnforce x {t�, �fortgngcr dis-
<br /> continued �.t any timc prior to ent.n- of y �udgi�ienc enioxcxnK t}nis �Iortgi�Ke if : la ) Burro���er pava Z,cnder ail
<br /> .ums w•}rich wouId tie then due under tl�is � 'ton:�;at�e, the \ote an�! notes scciirin� E'uturc Aci��«nc�s , i{ snti� , }�ad no
<br /> rxecelerstion oeeurred ; 41? ) Borro�ver taire:c •31 ! lsreacl �es uf c�ny utner �•uveriants or :e �rcrenrent� nt Borrawc•r ron-
<br /> taiac� in th;s 1.artg�;� : (cl Burrowcrpay� xu i•ea;unat�i� ��pense.� irzr, urred b� 1 enc4er m enioreinh rhe coeenanta
<br /> :xnd agreeiments of Borro�ver conts»c�3 iu thi. \1c�rtRl�;e anci vi enroicsnn I,en�1c , ', i-c�nedies a� provic9ed in F�ara- �
<br /> graph 3R hereof; inr,luding, krut not limited to , rea�onable artorncc- '� tee, . anc9 Idj (3orrow� er iakrs suet� aciion ns
<br /> .,; ; I:ender ma� reusonabl,y require to u,sure iicui, tlie lien x�i ti�is �# nrt��sge , Lender's ir.tere5c in tl�� Properi:y asi�d = '
<br /> Borrotivet's obiigaEion to 7>sy the ,uu�� secured h_y t !n �lorr. � ��c �.iali cr�ntinue ununt� �ired . i?por� ;uch lisy-ment
<br /> � und c�ure by� Borrower, thi� 1�Cortgage ind the oblig�u tons �.•ecwcd herel» .��hall . �riziin iri fui ; forre und eti'ect xis ii � �� ' ` `
<br /> no seceleratioii had oecurred. ' �y°
<br /> 2t1. Assisns+sent of Ftents: A. �"^
<br /> pFwuttmeat, oi ReceiVer; j.c,ndtyr in possession. _�; :additianal security here- ' � x�
<br /> under, Borrovvec here6y a,ssigns iq Lencier tha �•ent� of tlie Pmperi�- , ;,roti�tde�i that i3orro�r•er shtzll , i�rior to acceler- j '
<br /> atipn uz�der parngra�ih i$ i,ereoi or abandonment of the i'ropert,y, huvr rlse rini� t to coileci and retain such rentc �„��^:
<br /> as they become due anri payable_
<br /> - u#:+un acceieracion uncfer para�;raph 18 hi�reof or �hsndonraxuz uf ihe Yrout riv , i,,•ncie�r in i���r• �� , bti� s��r.t �
<br /> v, L5� y �lwie�iIy :i}�poinxed receiver shall he ent �tted fo � enter u�>on , tnke ��o5se.sio;� oi :inc? na �inaRe tl�e I'ro�crty �
<br /> and to �pllec"t thu rents qf fhe Propertti �ncludin�* iho�t �ra�t c�ue_ .� 11 renc� colluctr.cl t,�� Z,ericier oc thc rccei��cr
<br /> shxl! be apptied firaC to gatymeni Uf #he ws�s oi manx�emetit �t : lic I'rofaert}• un�l c�lIer. tion oi s•cnt ,. includ.n� , hut
<br /> n.,r l;m�{�j .., ,..�,.r. �� r i�c : I;rcr.: s :m , .,i < < r '> uuuu. zsmi rrs.c�naUte :attorrze}-s ir � i :u then to thc . att:s
<br /> Secured by Lhis Mort�age. I,ender and _he receiver shz�ll ba h.� tile ta acrount only lor rho. c rc ni � actusaliti- iet•en-ed .
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