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��. r,.w . . . . . . . . . � � �
<br /> � � ,..^+. �..,q� � . .
<br /> uri e� ot pantpone the dwa dste of tlie montlily iustslLnents referred to in paragrsphs 1 and 2 hereof or
<br /> � Lir sinow�C af ruek in�Wr�lp�ents.
<br /> ; 'l� � l�of�d. �bewion ot the tiine for �wyroer�t or iuodification of amortization of Lhe sums ; t'
<br /> ' M� b,� #� � �r4t�t.d by Lender to any suceessor in interest of Borrower ahall not operate to releat�e, ,�
<br /> 1 9s �r �e, #tl�e lf�titg at t#ie o�igina! Baerower and $arrower'� euccessore in interest. Lender ahatl not be ; '
<br /> .� ;�e�+�rrf fr► «rw�ene� oe+m�dieiss�oain,,rC cuelt �cc�esrar or refuse to extend time fa�r psyment or otLerwise qaadify r ���, � � �`'
<br /> ; �'ipl�"�1e �q�1 pewwd by ti�i+s :14ortgage I�y reaea� of any demancl inade by the onginal 13arrower &sul �
<br /> � �si11�1 is a1N4L"!�E= s"v ��
<br /> t�. 14siMrwsimn i!� l.�ad�s 1bt a Wmwr. As+y foe�be4rance by Lender in exeroieiag any �qht or r�metiy y, :�
<br /> 6�mdar, ar ot�erwi�e sl[orded by spplicable taw, shall not be a wai-rer of or preclude the exereise aY auy ri�ht � �-
<br /> j �. oe �►ady he�a�wder. 17te procureroent of i�ursnce or the payment of taxes or other liena or chargea by I.ender + `
<br /> � �L3 11MI� bot be a raiver ot I.ender'a right to aoeelerate the �natu�ity of the indebtedneea eecured by thle Mortgage. F
<br /> � f.� 13, ��r �. Al! remedies provided in tUis �lortgage are distinct and cumulstive to any ot2►�r �,
<br /> �,Q ei�bt or r�edy ttnder this liarl�age or ntTordeci by IaN• or ��uitY, and may tae exeroised eoncurrentlY, iadepend- k.
<br /> � eat� ar s�cwawiy.
<br /> f � 1?. �re� �e! 11�ri�pss 8ouoe3: Jae+t �d S�veral Liability: Captions. The covenants and agreements �. ; ' `;?
<br /> : M�erie dootwped dul! bind. r�ui the rights hereunder �lisl! inure to, the reapectivc xuecessore and aseigae ot L.ender
<br /> i � r�d Aaero�►ar, Rt�fjeot to the proviQione of �wragrnp}t 17 herrof. Ali covenante an�i agreement� of Bonower shatl
<br /> `' � be jointsnd sev+e�Rl. The es}�tionn� acxi headings of tlie paragmph. of thie \ Iortgage are for conveaience o�ly snd ;
<br /> � ub wOb fe �s tued to iaterpcet or defioe the provi�ions Leirof. ,.`,
<br /> !4. l�lelior. Any notice to Borrower procided for in thi� \lortgagr �hall Ix �iven hy inailing euch twtice by t;,
<br /> i oestifled te�sii xddee�aed to Borrower at tlie Yroperty Addrere rt�ted below , except for uny uokice requinad �ndet
<br /> j par�l�pb li herenf to be Biven to Borrou•ec in thr inamirr prescriLed by xpplicable law. Any nukiee provided
<br /> " Iqs � Lhie I1�oef�e ehall be deer�i�d to liave �een given to $orrow•er when given in tl�e manner dee�ignate� herein. �;+ � k`
<br /> 15. i�ile�s �feelp�tt Gor�ena�q Law: S�v�rability. "fhis fo�'tu of inortgage combinee uniform covensnts � '
<br /> ; f4t a�tiQ9�1 Yee sAd nan-uniforc►� covenants witl� lirnitc�ci variations by jurisdiction to constitute a uniform aecu-
<br /> tii�r itrf�euatient oeverin� reat prq�erty. This \iortgage shn11 be governed by the lsw of the juriadiction in whieh �;;
<br /> tir i'ropeety is loosted. In the event that any provision or clsuse of this Mortgsge or the Note conflicta with " e'
<br /> applioa6J�s Is�v, ruCh con8iet ahAl! nvt aPfect other provisions of this �fortgage or the Note whieh can be given �� fi
<br /> eEMt vifbout the conflictia� provision , and to thie end the ��rovisions of the 1lortgage und the Note nre dxlared "�;
<br /> ' tw M �evrnbte. ��' ` Y
<br /> ' l�. 1�frows"s CopY. Barrawer shall be furnished a confornied copy of this Mortgage at the time of exeou- Y;i ' ��`
<br /> ' ti�s a atf�r rea�w�atiaai hereof. " y',
<br /> tia �
<br /> � 17. �y�ir et tl►e lsap�ely; A�sumpion. If all or any part of the Property or an intereat therein is soki �
<br /> or terpdssred by Borto�ver without I.ender's prior written consent , excluding (a ) the creation of a lien or eneum- � " " °
<br /> bra�roe rube[die�Ge to ttiis Mortga�e, lb1 the creation of a �urchase money secuzity intenest for lwurehold appli- t' ,a
<br /> ��iw, (q) a t�['�safer by devire, descenL or by o}�eration of la��• u�wn tl�e deeth of a joiat tenant or (d ) the grant of � ;,�
<br /> w�y loYei�old iateeest of three yearc or leaz� not containing an option to purchase, I.ender may, at Lender'o optioa, '"` $
<br /> d�eLt� a�11 tLs �ue� yeeut+ed by tYiie Meutsa,ge to iHe iii��uediately due and payable. I.ender shall have weived �uoh 5 � ,F `�:
<br /> : e�Mills 6� secelee^ate if, prior to the ealc or tranefer, Lender and thc person to whom the Propeety ia to be aold or '
<br /> � f�l�fecea�i nweh ipre�ueiet ia writinp, tt�at the etedit of euch ��ereon is eatisfactory to Lender and thst the interest ,:
<br /> p�abl� �w tUe sua�e recared by tlsis Martgage ehall Ue at suel� rate as I.ender ehall request . Ii I.e�er has waived '�, '
<br /> # � � �
<br /> tM a�lEiyn te �easlerate p�novid�d it� tl�is parugraph 17 and if Borrower's euccessor in interest has executed s �vrit- �;
<br /> t � :.
<br /> ' f�w � a,�emeut. aeeepted ia writine by I.en�ier, Ixnder ehall release Borrower from all obligstionr under '
<br /> } t� a[oefpe �ad t4s Nat�se. � A':
<br /> F If Ieod�t emptoi� wu�a apRion to accelerate, Lender shall �uail Borm�ver notice of acceleratioa in aeoordamet rt-
<br /> � a'ik� pae�p�kt 1� hae�eof. Sucis notice ehall pro�•ide a ��eriod of not le� than 30 cisys from the date the notice i� `: ':4''
<br /> � ar�ii�d �vet�4ia ++6ich Boeaiower msy pay the surns declared due. If Borrower fails to pay such surru� prior to t,lie `=
<br /> � � ot sueb perio4i�f et may, witl�out further notice or deinand on Borrawer, invoke anv remedias per- �
<br /> $
<br /> b9 P�
<br /> N�x-Ilrn+os� Corernxs�. Borrower anci Leuder furtl�er covenant �nd agree a�, follows :
<br /> ° l�. AOOriMrMr�t �rMdl�s. Exce�t xs ptn�•icicvt in � �aragru� .i� 17 hereof, u#wn Borzower's breaeh o[ sny
<br /> x
<br /> � esrMlat or a�e�eea�eat af Borrovicer in N�iR �iort�xge. in�ludi!ig tlic eovenants to pay wtien due any sums seeurnd
<br /> � by tM�t �iort�p�e, Lender �u1ot to acc,elertttion r6ai1 niuil tiutice to Borro�ver ab pro��ided in paragraph 14 laeteof
<br /> ". �yy�; ( 1 ► tlre M�eaeh ; (Z ) Lhe xction rc•yuired to cw•c� aucli hnescL ; 131 a dstr. not leus t6an thirty dsys
<br /> ' it+eR� tJie dstt the natiCe is msiled to l3orroe•rr, b�� w liicl� ruc•1� bmiiel� �uust tx eur�v� ; and ( 41 that failum to cure
<br /> � � bnweh as or bciw+e tl�e date speci5ed in the noticc uyay i�esult in acceien►tioc� of tl�e �ums secured by thie
<br /> : # af�rt�ye wel r�le o1 the Property. If �he breac4 i� not eure�i on or l�eforc tiie date epecitied in the notice, Lender
<br /> at I.ender'r apEioa tasy deetst�e all of the suins aecured by tiiir �fortgage to 1�e imme�iistely due snd �syable
<br /> i � tueE�l�er deewad sed msq foreclore tl�is !liortgsqc hy judicial proceeding. Lcoder shall be entitleci to collect.
<br /> � is s�d► proeeediot sU e�tpeoaer of fomelobum, inclu�iinq, hut not limited to, coete of docuutentary evidence,
<br /> :I aiwb'�'�RM a�i t�ii�{e repsr6a.
<br /> � K �'"� y*i M �ivlsb. NotK�ithetanding I.ender'e aceeieration of the awi� riecured by this
<br /> ¢ 1/�l�, � �iutt hsve t1�e riiht to have ar�y j�rocc�eclin}�cc hegun by I.erxier to enforce thia 3iortga,ge d'u-
<br /> � MII�u�IM/ at aq' 'i�pe peior 4o eaMtry of s judtrnent emfqteiag this \Sortga�e if : ( a ) Borrower pays Geeder sl!
<br /> ,. ,, � a4�q► � wrMiW bt t�Atlo dae uoder this �1orf,�uge, t!u Note $n�9 noier eecuring Future Advuoceic, if any, t►ad no
<br /> ;� �M4� �re�l ; (1�► Wrr�r curer a!i breacFae� of any other cove�antr or aQmementa of Boeroaer can-
<br /> � tii�lidia L�i . (c ) Borrars�er �ys rll reueuuaLl< <^x� k•uua incurit.l b�' I.ru..i�r iu .�u[w•�iu� 61�e wrnwwtw
<br /> #M ���awe! eoa�ined ir� tbis �tortgtsge atsd in enfarcinK I.enser's remedies sa provided in para-
<br /> �,/�� MlMrwrl. iriai�, bwt a�rt lisited W, ew�enal�le attornev'e fees : acui i d 1 Borrower talces suoh aetioa as
<br /> , #1� �I aeq4�t+e t� � tJu►t ttye liea of thii \iortgagr, l.e�der'�c interest in the Property awd
<br /> 1� '60 ��liqls �oeYrad by this ltartgsfie �i�atl continue unimnaired. U{wn such nayment � `'
<br /> MMM � '�I��Ir, 11i� f� 1fie obtipt'seae wectfred here�b� ehaii remain in futl forcc aad ePPect as if "`
<br /> � �� �MI�a�Ni1Ww1�. ' •. �
<br /> �'� k�,�I�M' �1�M�rw�t at M�Ms i�MMe is Pw��iew. As sddiEioaal seouritp here- ,
<br /> I��IM�IMMiiM ��M►�Y�eIr+1Ui► � a! 1de Phnepierly. pnovided t�at Bdemiver shail. lu'ior to �eoeler- � � .
<br /> � �iN�'�� � ��II�"�I t�e Prope�ty. have the rigist to aol3eet and retaia sueh rent� � mw
<br /> " ���
<br /> � , ���l�Miwilr t�ir i4 iiwwf ee a�aest oi the Y�epert.p . i.endtr. se ��eeaon, bq sgent
<br /> W x '(�R. � �s tiMl� +iw wiM�d i� eabea^ +upa�, take ��ina oL and �w►nsge shc Ynopertq ���"�•w�•
<br /> �: �M��t �Aillwlt � l�IR �Igr, �i ,R1MI�M :pMMt +�at. At� reula col�taofsd fiy I.ender or the reoeiver
<br /> '� �+��ii � 111! � li�sii � ottAe PRrpertp snd c+oll�ection of rente, including, but
<br /> �' t !�6 � 1b, l�e�`e lltE�lr, an retefstr'� tronils and reasanable s#torne3-'s feca . and thcn to thc sums
<br /> � M�1�1� rih �: �11��q1s �Ybai�ver �hialt be Yirb{e ts ar+eount oady for tho�ee mnts actusllv rceeived .
<br /> 4 �
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