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<br /> y �r,�trviae,.d�. t�,��c ,�s�,�l� s��{�rprcaval ��i��tl uat flre � : sirt+�donub}V as�ichhel,r7. .�ll F�nemiun�s ca�n ans��a•ikric�e }u�lios¢;a n4�a�4I ' �u �sirY- � � �
<br /> a'G Ltindec'y ��t5,k�ra in R�he- �t'tau,nrset�r � rrpe'i�deE} itu����e�, � ��ermK�ra'F' i� �' hfa�raat qr� bv �3prri7w�er ttamYkCn {; ��)'aym�eak�,� wh¢�z duze, �
<br /> � �lircctlt^ ter th�e arisu�hEtrMre ..arti�rr. � , , � , � � " � �
<br /> In the evrnL any �wli1•y ia not ren�wed on or Irefare be�i daya of ity expiratzon, f;he Lenel4r, t�n p:atect
<br /> its �reCerw�c , mu,y Uzocvra� insuranec on the irnpsuv��ments, pay the premiutns anri yu�h surn :;hull becbrne
<br /> �mcaiecliately due ancl �aayaule with .ix� tQrrst r�t the rute set forth in said note unti.l puid �nd ah�li Ue
<br /> secured; ��y this :�i�rtKa�e. Paalure t�y Bori`ower ta ' comply may, xt option rif I.�t�der, conStitute a clefault
<br /> under the terans of ihi� Ntortgage. ' ' ,
<br /> ' _111 ir�sursnce E�olicies �uncl rcnewtilti t }�ereo2 �hali be in f�ria � ,�ecr} �t.�L�lc t � i,curfer .Liu1 s[i�.il incleicic; a st,aindart!
<br /> �nortgr�ge i�lause in iuti•<>r u�' :�ziei in iurin . .re;e�ptuble tti I,eniiF�i . [.e:nuer 5hall hai•e tha ri�l�t tt� ]iolrl Cl�e p�lioies <end
<br /> renewyls thereof, and H�,aroFcer shali proiii�tly furn 'rsh Ta Y.�n�cie;r xZP rene�uail noCicras iziid itiI reeeiE>t:s oi paid �re-
<br /> rniuizas, in the e��c:ni ot l:ass, 13orr�tivei• sii�11 �;i�°e F;rcnnF�i .iotice� to tii� instirauce etiz•rier nnd I,encier, nad Lerbder
<br /> m�y cnake vraof o�' lusc iz not mAde jaxomptiy �y S�rrotis�er. >,
<br /> ` Unless :.ender and Borrower Utherwisc agree in �vriting, icisas•,�ne+e pr�zc;e:eds shall �� ur�}11ied te? resio�nbion or
<br /> ra�ptci�x af �h� Pro,�etty �aina�g�cl , P�okir�eci �s���o}i restoeai��orf oi• "rt�puir i�.� �ounnr�iaa6�i}• zonsi�tal� and � t�ie �aeeur�i� crf �
<br /> this �I�rV;gage ie no� Llieseby impttired. It Sucli r�estonitioii oa� aeFrarr is ii�t e���>numi�:ii�y fUasi:ble or iE {,he se¢�irity
<br /> � � o� t�i�e llort��go� vvoul� kre i�m�p�aired, tl�he in� iirnnee Frrocze�� � s�halt h��c s�,�N�lie<1 Lo hPu: snuts se�cure�3 � trv thY� �i'LYartga,�e, � � �
<br /> with the excess, if any, pa�ti to E3ori•ower. lf i,lie: Y:•o��erty is a�nn�loned L� .F3orrocver or ii F3orruwer fails ta xes�onei
<br /> to l;cader �vitl::n 3Q ciftys after nc+t,ce by I.ende�• to Borro�ver tlint ttic ins�3r�nce cF�rrier uffers tc� settle a claim £or
<br /> ine��iBne.e benefits, Lender �s authoriced cu T;ullect uncl �pply tlte insure�nce proaceds �.b Lender's option either to
<br /> ' resGorsstion or repair uf t,lne Pro�erty or to tk�e sums secureci b,y t.lris \Iortba�e.
<br /> Unless I,ender snei T3orrower otlierwise ngree ir� wriiing, sny such a,rpiicntion of proceeds to principnl shall
<br /> not extend or postpone the due datc of the nionthly iristallments referred to in paragruphs 1 and 2 hereof or changc
<br /> the ama���� of such instnlLments.
<br /> If under �aragraph } $ hereof the Nroperty is ucquired b,y Iaender, rtll right, title �nd interest bf Borrower in
<br /> snc� tn ssny insurance poticies nnd in und to tlie proceeds tIierc�of ( Go the e�tent of the sums secured by this b1o*f,-
<br /> gage_ immediately prior t� such sa�le or ztcquisit.innf resulting from d:�i�i�ige to tl�e Yroperty prior to ttte siile or
<br /> aequisition shall pass Lo Lender.
<br /> 6. Preseroation cnd Yricaateaance of Pzoperty; i.easeholds; Condominiums, Borrower sfiaill kee� tke Yrop-
<br /> erty in good repair �.nd shall not permit or commit w�nsic, iinpa, irinent, or deCerioratioiz ot Lhe Properby arid slsail
<br /> comply with t:he provisions of tiny lease, if this llortgnge is ou a lcasehoid. If this i�lortgnge is on a condaminium
<br /> unit, Borrower shsll pertorm all of Borrower's obiig3timis iinder the declara 'tion of cocadorniniucn or rs.aster deed ,
<br /> the by-laws and reguluLions of the condominiucii project ;�,z�d constituent docutnents.
<br /> 7. Protection of I.ender's Seeurity. If F3orrower [nils to perform the coveriants c;racl :ioceeixienfs canta.ined in
<br /> 4 this l�Tartgage, or if any actioti or proceeding is coiruz�enced tivhicti materitilly alFects Lender's interest in the 1'rop-
<br /> c�rty, including, I�ut not lin�ited to, cminent domain , insot�•ency, code e.uforcement, ar :u•run�;ements or �3roceeai-
<br /> ings involving u bAnkrupt or decedent, then Lender at Lendei•', option, upon notice to 13orroi�.-er, may ma�ce suc't�
<br /> appenrances, diaburse sucix sums and tnke such �etian ;is i � �iccessary to ��rotc:ct Leiider's i�iLereSi, includsng, but
<br /> nat limited to,: disbursen2ent of reasonable attorney's fees and entry upon the 1'raperLy to m�ke repairs, Aar,y
<br /> umpunts disoursed l�y Lender �ursuunvto this paragi-upla 7 , �viL13 interest thex•con , shall became n,dditiont�l indebt-
<br /> edness of Borrower secured by this �4axtgc��e. U7iless Dorra�ver and I.ender a�ree to other ierms of pay�zient, sucl�
<br /> � amounts shaU be payable upon notice froin Lender to Borrower raquesting payznent t42eroof, and shall bear inter-
<br /> eat from the date of c9isbursement at the rate si,nted in the Notc �mless pnyn�ent nt interest st snch rttte would be
<br /> contrary to ap�licable lat�r, in whicti event such ataiounts shall bestr inierest :xt tlze leigl�est rate pe.rmiesible by
<br /> , . applicable ]sw. Notlling contfliiied in this paragraply 7 slistl re<�uire I.ender to incur �. ny e`,peiise or do r.�n,y eset
<br /> hereunder:
<br /> 8. Inspectiou. 3.ender rnay inake or cuu,e iu i>�• iusu}� reasonuFaIe entries upoii ancl ins��reti�ns oT t.he ProF'-
<br /> .. . . CCt.V. TITOVI('IE('I '-��Iftt� ��.i'tl(�E'I" �iiall gi.•c �OT�OR'f:!' nf�fi [`P � ��•v at� ! <� ;i.i � <i� pi . i1. .. �?.. L !7CI .: � �. PCif�•rT��7i C�~FU..:L�; �.^, .^(LL' S't: . .
<br /> therefor relateti to Lender's interest in t.he Propert��.
<br /> 9. Cond�mn¢tioa. The proceeds of uny� uward ar cluim ior dana�e�;es, ciirect or cansequeatial , in connection
<br /> � with � any �-condextznatinn� or other tuking � of the Yroper6� , or part thcreof, ur fa- con�•c,yanec in liei.� of conde�nnt�- �
<br /> ti��, are Herebq t�ssi�ned and ehall Ue �aid t.o I�e�der.
<br /> „ ` In the event of a kotai taking bf the Property, tYie �n•oaeeda shall t>e a��plied to tlie surns secured Uy t}iis b�orL- �
<br /> aage, }viCh the excess, ituny-, }�Kid t,o Borro�ver. Iit i.he evetnt vf a Nr�rtial zaking vi ine z'rUpertp, unless $orrower ; , ,�„4�; �'
<br /> and Lender otherwise agree in ivriting, ther4 s1�a11 be n{ipliezi to the �umb seeured by tkais \iortgaga such propar- �y ,;,..
<br /> �
<br /> tiqn of Lhe grqceedr ea:s is rqas} to that proportian �c•hich tl�e �niount of ihe sumc b�curer� bv chi� \lortgage imms-
<br /> diatel� priox ta the date o£ tuking beara to ihe Sair iusrket value oi ti�c I'roperty iinmediat,ely� r,rior t,� i:he cis#.e vi
<br /> � • � , taking, with tlae i�alance of the proceeds, paxd t-o IIorraurai•.
<br /> ' . . � 1� #•�1£ PTQI?pS+37 .=. '�;�:[�QAE'd �Jj' �CSS'C �C�: . QZ ls .. � �i.C � .Sl;. .C� ii� il:IiGL.'. Lu y:ulS'G�ti �t � u�si, i,sit. �ua�uctiiu /i ui1Ct'a . .
<br /> � "�
<br /> f011:ltlYCB St1 S1WAM(� (1C cl,'tt�Q fl C�21L1?2! fp" � (�i3ri19�'@?� ' ��UY_ 9R. C1' {. "-�.�� t.9 � ..�r�..P.'? .... f...�.RaC �. �.��:1R .:.� :.�u;jS u� � - i; �:±�w � .
<br /> of such xtutir_e, Lendea is authorized ta colteci xzici a}�;�iy thc iyroceeds at Lender 's o��t�an c�tther tu restoracion or �
<br /> repair pf the Praperty or to the suuss secureci Yay thi, \iortgu ge.
<br /> LTnless Lender :end, Borrower other���ise agree in svritin�, uuy such apQiicaiioxi oi proc.eeds to nrinc�isiai tii,nii
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