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<br />L <br /> <br />84 - 006522 <br /> <br />r <br /> <br />I,~r', wrlll~" 4~1 Of ;q>pli<-ab!e 1_. ikuT"..-er shall pay aile _ of all maltPF insurAnCe pn:miums in 1M <br />manner p'""ilk.l undtt paragraph 2 ile>nrof. <br />.\ny _ ~,rscd by leader ~I to litis pa~ 7, wilh ~ ~ sMIi become IolWilielW <br />indrt>t~ N '","owe!' ~red by Ihi" Mcm~.. Unless I\lorrowcr and Lmda' agm: toOlMr tenia or pII~.. sum <br />amotom. ~ tie l'a".bk "poo _ice from Under to ~ req~ par-<< lhmlof. MId sMIi.... ~ ~..~ <br />,late 0{ <!~~ at lhe rate payable from rime to aime on _~ ~ ___ dIoNote ... . iI1I <br />iftlft'nl al 1NdIl'al<: would be cooklIfy to appticailk IlIw. ill whidt eveat sum __ MIll beaT.,..... <br />~ uOOcr .lPf'lical* law. Nothing cootained in this ~ 7 IhlIl! m;viTc LndDr to incur <br />3m' IlCtiioo Ile~. <br />. I. f ! l*-. i~maymakeoraMCto"'madI!~am."'lImH ll,l floHiI1I <br />111M i...-m- ~ live ~ _ice prior to 1m}' sum ~ion Ipeci~ --... aMC .~ <br />.~iftt!le~, <br />9. ('~ II The proceeds of HiY Ilwe1'l1 or claim for ~ ~ .. ClIllulI_ IilIL in <br />,:~ or ol!ler mbnr of !be F1'Opefty, Of peI1 1Mmlf. 01' for ClQI!l""~ iil in of Dllil dlm~ <br />:...<1 mall be l"l'id 10 f~. <br />I.. abe e''ml <'f a a~a! faltin{l N lbe Propeny. the ~ "'-all be ~ to dIo _ <br />..im lhe e~c~'. if lIny. 1'."0 h' Jlorr.'_r, In lhe event of a parrilli ~ of !be ~. <br />."hen>'foe agree in writ;",. then- shall he __ to 1_ _ lIKmN by flm ~ liUdt <br />as io; equal I" lhat ~ which 1m: lIMi:MIt of lhe _ ~ by flm . <br />t:o"int! bean; 10 lhe fair martet value of lhe Property immediately l'ri<'r 10 rhe dMe of takmc. with <br />l'lIid 10 B.Yrm>'eT, <br />If lhe Propeny is abandoned hy &rrower. or if. after notice toy Lender to ~ diet_ aJIl'llIIInn <br />..n award N' settle a claim fOl' dalN!~. ~ fam to ~ to ~ within 3t cia" after..__ <br />mailed. Lender is aulhorized 10 ce>ll<<t ami apply the ~ at f~'s ~ cidler to ...... fll'R _ <br />Pm;>ert\' or 10 I!w, ,,11m secured hv 11m Mon~, <br />l'nlt". I ,endtt and 8om""'!:r (l(nerw~ a,rec in ~ IIn~ !IUdJ ~riI:m 0{ proceccIs to principIlI <br />or post"""" the due dale of the _hi)' iMtal~ referred ,,, in paracrallhs I ami 2 !lenof 01' dtaep <br />"oc" installment,- <br />111. ~ Net...... Eltlenllion "f the lime for payment Of ~ of ~ or die <br />I>v IlIis M""'g. granted LemleT 10 any ~ in i..- of Borrower IhlIl! not operate to rdeue. in <br />the liability of the and Borrmo<er's ~~ in inlerat. ~ shall not be ~ to . II <br />_tizatioft. ef dIo.._ <br /> <br /> <br /> <br /> <br />try.' rea""" of ..ny demand mad'. <br />l.ftIftr Net II WlIiTeT. ,... ny forbearance <br />~ 31forde.j 1", law. ~lIall 00'l he a waiver of (II' ~ die ~ of lIftJ' <br />The proclITemenl N insurance or the pavmenl of taltcs or nri>er liem or c~ by lcn<<r IhlIl! not be II <br />rip! to Kc-.-lerllt.- lhe m.al"ri~' of lhe lIldeMedne<:s ""'U1~d by this M<"M'.. <br />1%. ft~ C~. ....11 remedies pro\'idedn Ihio; Mong. are dKlmel and c~ative to 1m}' ~ riPt ., <br />~. undrr IlIi, MOflit. or a!forded tw law or equity', "nd may tie e1en;Lsed ro<>cum:ntly. i~"deM1y or -"".41,. <br />U. lhK~e_'" AlIlIiI:- IIouaot: JeieoI ... Sr>'ft'IIiI 1.iaIlBy; C..... The e~ aml.u J n __ <br />e\mtamW ,hall hind, and 1m: righl~ hereumle. .hall ,"\Ire 10. the re1>peclM: ~n ami ~ of l.cn<<r and ~, <br />''';oct f,' lhe 1'<0\1"'-' of paragraph 17 hereof. All cm-",al'lti and ~ts of Borrower shall be joint .. ...... <br />1lle captlOm and headings of lhe paragntpm of Ill;" M<>npp: ".~ ~iV c~ om)' and are not to be uIlIlI .. <br />~ "" define lhe provISions hereof, <br />J4, ~. Excel''' fOT an)' tIDlice requi.ed under aw1ical>le la,.. Ii' be ,iven in IInct11er m_. (a) lIftJ' ~ 18 <br />lkwnmoer p<<'Hded for In this M<>ngaj!e .hall he gIven by mailing such l'IOIicc: by certified mail ~ to IIor...- .. <br />the !>ropel'l\'o\ddres.o ('Ir al such other lIddrrs, ai Bor~l:r may des.gnale by noricc 10 teatkr lIS ~ hcreia. .. <br />~ MY nOf"'C ", Lender shall he g,,"cn hy cert,fic:d mali. ,eturn '='1" requested. 10 Lender's addn:a Jt3teltblm:in_ .. <br />s""h other adOre" .s l,,'nder ma\ design ale I", OO'lice '" Borrower as pl"t'vtded herein, Any nOfice ~ for 1ft mis <br />MoTt,. shlil! he deemed to have hee" given 10 o..:.rro-r (It' lemler when "YeIl in rile _ .h~w.l1lInin. <br />15. l'..... ~e: ~ Law: Sn~. This f('ll'fn o.f roon,. ~~ umf_ ~ fer ~ <br />UK and non.uniform ,<"enanl' with limiled .'arial."", h;' jUTisdicfion In cOf1Slirule II tmiform HCllrity i~ ~ <br />real prorl:1'l" This Mortga,e ,h..ll be governed h" lbe I,"" of lhe iumdicli<m ill whidt lhe Propeny ill Ioc::lmIl 1ft die <br />event thaI an" "",...-;s,on or dauo;c "f .Im Me>ng..ge <'f the NOle ..."nfliclS "ilh applicaWe law. stICh I"~ shall net ... <br />oIber pnwfSions of lhis Mon'llj!e or the N,lIe which elln he ~IVen e!fe..., without 1M confticting ~, MId to dlh <br />em! tbe prm'illKms (>f lhe Morll'al" "nd the N<'le are decl..red 10 he ><t:ver..ble, <br />16. .......b'" Copy. ~r shall "" furnished II c<mlornw:.:! C"f')' of the Note and of Ihis Monpp: at rile time <br />of PCc:U1ion "" aner recom..tion hereof. <br />17. TnItIlIIfu of _ Property: AIi<t;.II,f.lIn. If..U or any pan "I the Propel1}: or.aft iMmlS1lllemn is sold or "......t'Ctl~ <br />'" !km-f'_r wl1lwul lemler's l'tt"0l' wri1tten eOO~nl. exdudinl! la) the c!'Clltion of II lien 01' etlCumlmlncc ~ to <br />1""- M<wlg., (hi ,he ~re..l"'" of . J"U,,;hl"" m(>n"y <.ecuril\ 'nler<<l for ,~'.appliances. (c) .. lransfer '" .., <br />~ ('It" by operation of la'6\ upon the death of a ,(unt renant or f lf~ 1L I ,";I.pt ." ..,.. W . T L Tit i 11 IIt.f .lfnl 1'" ..... <br />,. .' 'rll III I,. 'r fl r L___ Lender may. at Lender', i'pI,...,,,~ail'tbe sums secured by Ihis M~ to be <br />!~_h. due and payable I ende, ,hall have ",a"oo ,ueh "1'1'<1'1 1IB~lcIr:lIle if. prior 10 lhe sale or tl'llllsm, ~ <br />afid 1m: FfllOO '" ....llnm the Pmp"f1Y j, 10 he ,old or transferred ~ ~t in ....nling Ihat the credil of !IUdJ peI"5OR <br />~ satmil<.li''''' ,.., I,ender .nd .hal the inler..'1 payahle ()fl .he >lOrn' !ot'CUrM ...~' this MOMgage shall be al such rale as Lender <br />_I' ~"'t II I emler has ....."'00 tbe '''p1Ii'n '0 accelerart' provKloo in Inis !'IIrallnph 17, and if Borrower's s~ in <br />iOIerat w ellk...ted a wrillm aswmplion acreemen! accepled in "ri'mg by Lender, Lender shall releue Borrower from all <br />oWiph"". ~T Ill" M<>ngltl" and lhe 1'<(1(<: <br />If I.f:*r el"C'''''' "lCh '1pIioo to acceleratc. Lender ,h.11 m.,; 8Ofro....er notICe of accelentloo in accordance ""im <br />;cM~faph 14 ~f :'>tIC" noltCe _lIaU l'fOvlde . renod "I ""I Ie" than ,0 day~ from ,he date lhe OO'lke i. mailed witflin <br />",,~h ~r~r may pay' Ihe ,,_ declared d"e if Borin"", f.d, In p,y ,u"h '"m. I'TlM to ,he e.pir.tion (>f ouch period, <br />I ~ ma~', "'.lt~ fU!1her ""lice ot' d<,mand on 8"'1I'''''er. :"vol.e .m remedies re.m.ued hy parsllfa!'h 13 he.-eof. <br /> <br />~.U"tf'OSl" Covt:",.,ns Borr",,'er and I ""de. t"nlle. ,"veoan' .nd .~ree a. lolkwti' <br /> <br />,I. 411.,......... ~ F...~ I!Il!I ......~ ... ..-r. 17 1tffMf, ..- 1kono_'1 Iwnth M lItIy ~ - <br />.IiIl'I4UI.4"'. ef ~ ... ttm M<mc~, ~ ttw l''''~_' ,.. p.Y ........ eI_ ....y _ iW<'1OfttI II, tIMB ~. <br />~ ..... su:.~~ ~ mM f~ I. ~ .. l'ft',idH '" ~ 14 Im'Nf .-ifrlooil: m ttw ~: <br />(Ja IiIIMt ~ ~.. C'lm' -" ~..; 131 " ~, _ '-' I... ~ .,. ,,...,, lbe M1~ 11M RMk4r k ~ fe ~. <br />." ....11 -" ""'-dI _ loot ..... ...... 1411tuot ,....., ... ._ .....11 ~.. .... M bcf...... ttw ~ op<<'" '" !be DlI>lkt <br />...., ................~..,!t.I' _ _'..~ lily 1M Mm1I~. f~ ~ ~W ~ -.I .. ." !t.I' ..~, <br />n.. DlI>lkt ~ f~ ~_ ~_ of 11M 'i8:1ot '" ~.. afte. ......~at..... afid 1M ~ fe _ '" 11M f_!<mono <br />~a.__..J-:...." _~t'''''' tId..... IM....~ ..tMt ~_ of ~..."." ectriH............ f_"""",". It 1M- ~ <br />10 _ .~ _ ... bcf...... <M ~ .....'~ ... 1M- RMk... I....... lOt I ~....'. "f'!- _~ ...,.'''""' I0I\l of 11M ._ ~ ... <br />~ ~ fe M 1!Ol",,~d', .... afid fil'lIflllMP..~ f~"""'" ...... ..... t.......''"- ... ~W ,......~. I~. <br />oWl h ~... "''',IIR ..,10 .......~ I0I\l "'lM'''''" of f_"-'". ~. i>m ..... ~ I.., .._. of ~__, <br />.........., ""'*- ...... ,- '.l"-. <br />'9. ~...... liiI;p.1 ." liiI__. '-I"'..~h".,,,!"'~ I ('fllk,' <br />~r$m~-t 't~'<iH It_vi;' ~ht f~h? '" h,'ilbe ,'!iqV fi~f'N;,l"f'd!n~,'i Iot'~w~ f ~"'f4r' <br /> <br /> <br /> <br />.~';lflH. ,.c~ ,1?l:"d b.. 'h~.. <br />'~"f'~il~'> ,ll'hil/'llt"'\'.'f"d <br /> <br />M\~f1~~~(" <br /> <br /><!lll\ 1;!'1H"" <br /> <br />NU'^ <br /> <br />, <br />-.J <br /> <br />4 <br />