r --�
<br /> �� . � ' �� �� .
<br /> twt e;tead or }wetpaue the due dste of tiie inas�t6ly iuruiUiuents referreci w in paragrapUs 1 and 'l hereof or
<br /> phspte t�ao atno�tnt o! cuoli instsllrae�Gs.
<br /> 1p, /asary�sl�Wt �d. Extension of tl�c ticne for >>ayment, or �nodification of ainortiaation of the eume
<br /> �ee�d b�r t� Mprk�e, g�ranted Uy I.ender W any suceeasor in interesc of Borrower shall not operate to release,
<br /> ` ytp say tpq�4qR', t�tles ii116blity of tUe original Borrwwer and F3arrow-cr'a succescors in interest. I.ender shall not be
<br /> �1 r�q�uiad t�p oop�Aleoee prnpe�+diu�s s�sin�t eucli wyece�sar or refuxe to eztend time tor payment or othera�ise modify
<br /> �I} s
<br /> �! awa!Eis�tio�t o( t6e waw s�eccured wy this 11artP,a�e ��y re.asoe� of uny demand made by the original Sorrower and
<br /> , � �aeeaws'a woo� ia ioterert.
<br /> � l4 � !sY L,�sd�s ltot a Waiwr. Any f,orbeersnce by Lender in exercieing any right or re�nady
<br /> he�wo�der, at othenviae alForded by applieable lau-, ehall not be a waiver of or preclude the exerciee of any rieht
<br /> � ps ree3edy heretander. The procurement of incurarice or the payntent of taxes or other liens or charges by Lender
<br /> � �4atl apt I�e a waives of Lender's rieht to aceelerate the maturity of the indebtednes� eecurad by this Mort�ge.
<br /> �
<br /> ]_, R��diM Cu�w{atiw�. All reu�edies �rovided in tl�is iiortgage are distinet and cumuletive to aay other
<br /> _ � ri�6f� tu rerqedy under thie \tortgage or uffordcvi Irv luN• ��r c��uity . and �ua�� t,e exerciaed concurt+ently , independ-
<br /> n estiy or ruoo�mwiv�ly.
<br /> �� Id. �uaowess md Aaaigss found: Joist aud Stvw�al Liability: Captioos. The co�•ena�nts and sgzeemeats
<br /> 6ea�eia eon4ie�.id ehsll biud , und the rights Lereunder rlialJ inure to, thc respective successors �nd assi�ts of I.eader
<br /> ttac! Bortower, subject to the provisiona oJ' ��aragru��li 77 her�ol. All cuvenantr un�i agreernents nl Borrower ehall
<br /> be joint at�d +zevrral . The captions and I�exdingn of die paragru� �h� ot � hi, \lortguga: ssre for com•enience oniy and
<br /> ase nqt tp be ured to interpret or definr tl�e ��rovitiion� I �ereof. '
<br /> 14 Neti�. Any ncutica+ t,o Horrouer +�rovided for in tlii� \lortgage ahnll I�r gi �•er� by mailing xuch notioe by
<br /> cestified �nail a�ree;ced to Borro��•er at thi• Yro�xrt�� Addres� stated betoH� . cxce��t fur au}� notice required under ".
<br /> prragraph 18 hereof to Le given tu Borrower in tlic i��xnn��r presc+ribed b}� ap��licahlc luw . Any notice }'�rovided ;� `
<br /> f�r in this !blort:s;e ehall Ix deeiued to ha�•r I�ceu gi�'eu to Burrow•er wheu gi��cn in tJic innnn'er designated herein. ; ,-:
<br /> 15, paifses Mpr1y}�q�; Go��tnmq I.aw; $�v�rability. "Chin torm uf mottgage co�nbinee uniform covenante 3a
<br /> far aataona� uce and non-uniforru covenantn witdi limited ��ariations by jurisdictiou to constitute a unifarm seou-
<br /> r�y itutntment covering re�l pro4�ert�•. 1'his \Iortgage shall Lc governev by the laK• of the juriseiiction in which
<br /> the Propeety ia tocat�ed. In tl�e event that any provision ur clause oi this �14ortgsge or the Note cvnflicte with
<br /> ap{ftieable law, euch canflict ehsll not affect other prorision� o( thi, \lortgage or the Note which csn be given
<br /> eEeet witi�out ttae conRictiog rirovision , and to thir end the ��rovision, uf the �iortgage und the NoLe are deelsred
<br /> to be Mv�erbie.
<br /> li. 1etl��wir'a C3opq. Borrower shalt be furnisLed u eonFormed copy of this Afortgage aL the time of execu-
<br /> tion or �ftse reoordation hereof.
<br /> 19. Ti�w�irs e! ib Drsp�rlq: Aawmptim. If all or any � �urt of the Property or an intereet therein ia wM
<br /> os tt+�arfaered by Barosver without Leuder'a prior written cor�sent . eYcluding Is ) the creation of a liea or emoum- �
<br /> 6ranee sutwrdieTate to this �fortgage, 16 ) ttie cre�tion of u ��urcl�a�c mu�ey eecurity intereat for houaelwld appli- `
<br /> at�eer, (e) t trsasfer by devive, der•cent or by o{�erxtion of lu�� u�wn the desth of a joint tanapt or (d ) the grapt of
<br /> aay 1eaMbold ieuttreat of tliree yesrs Ur lesr not rantainiug an o��tia� t<> rurcl�ase, I.ender may , at Lender's optioa,
<br /> deoiare sti tke sume eecured 4y thie Mortguge co w iu�mediacely �iuc an�i payable. I,ender shall heve waived aueh
<br /> qlRina t� aoeelerate it, ptior to t6e sale or transfer, I.ender and the ��erson to whom the Property ie to be rold or
<br /> fa�n�t�tesd e�eaal� sgroetuent in writiag Gliat tlle credit of sucl� person ia eatiatactory to Lender and that the iatere�t
<br /> payabk op tJ�e rume eecurrai by this :4lortgage chall Ix at eucli rate ua I.ender sl�al! reyue�t. If Lender har rvaived
<br /> tLo uptiap to aceelerste pt+ovided iu bkais ��urngrap�i 17 snd ii Borrower's euccessor in interexti has executed a writ-
<br /> tee aMtey�Eim a�t accepted in writing by I .ender, Lencier sha!! rniesee Borrower from �ll ob�i�ations und�
<br /> i this A[atp`e sad t6e Nate.
<br /> It Iwad�t e�xo�teaer suct� option to accelerate , Lender shall euail Borrower notic�e of acceleration in socoed�noe
<br /> ' wafl� prra�rsph 14 hereof. Buch notice shall }aroa�ide a ��eria! of not less Uian 30 dsys Troai the dste tl�e notic+e is
<br /> m�i1�d Witbin which BorroM�er may {�ay the su��u deelanvl due . lf Borrou•er fail� tu pay suc1� nume� ptior to the
<br /> enqaiasstiain of euch perio�, Leader tnay . e�ithout furtlier noticr or c�ettiapd uU Borrower, invoke aay remedies per-
<br /> � �'J' WtiihFh 18 hereof.
<br /> Iv'oer-L' xirosn (;uv� xwxa�. Fiorrow�er and I.ender furtl�t�r wvenant r�nc� ugree ak tollowti :
<br /> i�. �oorl�awr �di�a. Eace� n �,e ��cv�� i�i��cl in � ,aragra� �h 17 liereot , Wwn Borro�ver'c Mreseh of any
<br /> oonew�elt ot a�reemeat of Borroa•cr in this :�lott{�gc , including [6u covenantec W psy w•Len duc any suauz �eeured
<br /> by thir aiortgr�+e, I.endrr ��riur to aec�elersstion slinll uu�il noticc t� Aorro+cer �n ��rovid�Yi ia J�aragraph 14 l�erc�f
<br /> epeeilyitta : ( 1 ) the breaeh : � 2i t}� aeuon rcyuinwi t� cun� ;urh breach : 131 a datc. nOL less tLan thirty day�
<br /> from the date tlse notice ie nwileci to Burro�srr . 1 ��• �cliirl� .ucl � I � rcacli n�ust Ix curecl ; and i4 ) that failurc to eum
<br /> rneh breach oa or before tl�e date e�cified in thr notice uiay ree;ult in acceleratiun of the s�me �ecuted by this
<br /> �iort�e and r�le o[ the Pro�wrty. If the bmacl� �s not c�areci on or before thc date specified in tl�e notice, Lender
<br /> st Lender'e opEion inry cleclsm all of the sutne; secured liv thia �tortgage to t�e imrnediatety due and �iayable
<br /> wit�out furtlier de�ncl anci msy foreeloee thia �tortgxRe b�� j wiirisl proceedinq. I,ender shall tx� entitlecl to collect
<br /> ' in stioh prax+editsg all ezpenae� of forc�c•losurc , inclaling, hut uot liwitc�i to, c:osts ot docwuentary e��idenee,
<br /> �6rtraob aod title �poe�tc.
<br /> K M�w��r's �1 N i�i�M. 1`otwitlietanciing I.ender'� a�celeration of the �un�F �recure� by Lhia
<br /> I�iaipM, Brsw�er �Il hava fA�e ritht to h�ve any �woeeedin�tt: i�eKun by� l,rnder to enfome thia Wortga�e dia-
<br /> eAti�ne�i aL awy tirwe �srioe to ewtry of a jwignrent enfqreirag thi� \fort�;age it : lai Borro�ver payr I.ender aU
<br /> rr�rs w6�1e6 s►eMld be td�ea dwe ue$er t�� 11oet,Ra�a� U�c \ote aixl uotee� aieeuring k'utum Ad�•wocee, if uny . haii n�
<br /> a�eai�rti�a aeertsed ; ( b ) Bernawer uum all bremcl+c�e of uny other cu� enanis ur ngn�en�entr uf Borrower oor+-
<br /> 6aur ie t�11s d[Mtp{e : (c ) Bor�+o�ver paya ail reaxonable ex}aen� ineurrrd by Ixnder ia �nfarciqg the oovenante
<br /> �, 41r� �Ils �II[ B+eew�ree aaMaser ia thi� �t�c+�ge aind m eniorcin�q I.c ncler's ren�edier aa� pmvided in Ewrs-
<br /> � �e11�i li �E. iedudi�i. bYt aet, li�i6ed ts, ra�rooewble attomey 'c fre. : aiad � d 1 �3ormwer talcee sutli action ue
<br /> j L,wIiM� 1oy rweMbly ��equiee ta rewre thrt tl�e iien of rhsn \lortqa{„e, Lender'� intereRt in the Property nnd
<br /> i lMwl�e�s e�ll�a k� ya+� ti�e wrps I�M�wed ly► thia Mw►rt;pr�e shall continue unampaired. C�pan euch psymeat `
<br /> t e
<br /> » ,-^-:
<br /> tllii +eYme �r �rr, il1�r ]�t�r� w�! Yd�e �ti� yecurad hereby shall rewain in fu11 force and etfect as if .n
<br /> , .� a� riwii�airt �ec�wi. „ " :
<br /> �. � � `� ��t �f fra�M�w�t Iri�r i� lrw��ir. Aa additions4 eeeurity here- t s;
<br /> �rir. 8�wwrlri�is a.r1�� it Zrdrr tie a�ls ei tie P�s�y. r►roatid�d thst Ho�+nver shali, prior to seeekr- �^, ,,
<br /> ` ', '�iyMt trr�Ylt � � laeeee[ or � of tEe ProperLy, ha�•e thc right to calleet aad retsia surh reate ` `
<br /> � ilM� I�M�1rM+i�►i�ipr�Wr. { ;,�.. �
<br /> t �IIr �41M�Ii[Mins +r�irr � q ires�t or �rodarrmt of ti:e Ymperty, LeAder. in peraon, bv ageat �,, ;?�`
<br /> ; �I' � ;j�qi1�' a�I�Mi/ri f�eMF�er a� �Mr e�i�d W arter upoo. tske pa�eeasion of and ntanspce the Property �"
<br /> Mil i�1 e�i9L I�M �4�Is w� 1h� Ptw�Mip�. iMt+�i+� tlwr� i+wM. �+�. Ali neuie uulk+ctkai Ly Le�uier ur f.Lr �tweiver
<br /> � i+� appMYli'�t 6s �f�rriMllt of ttie aei� ot �ea�t o# the Property sad cwllertion at' rents, including, b�t
<br /> eaR i�d b, t�elei�etlR f�w, pie�pl�s�Yt eh rceeiv�er"� t>onkle sad rnasonable sttornep'�+ feeer . areci then to tfie eums
<br /> � tM�M ►! � l�D, Iawile � �e f+meeivsr rhait fie iiahle to aocwant onty for thoee rrnti actually received - !
<br /> � J
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