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<br />I ender'.. a ni:. t. ,utFcrntunt ur applx~ah;c law. }{cx'nnvcr shall pap the amount :xf all uuartgugc ir;cur.ntcc premiums in ffic - -
<br />rnanner,puav+d4 Loader paragraph-3.ht;rcoC_ -
<br />'ttnv ~amtxtttt& dishur rd.hv I,en,ter. (xurcuant hi this pangr'aph 7, with interett thereon, shall become additional
<br />i ndchmdm'+s oi': Bax`re>;~er ~securnd by lhisMonp;tge. 1 `utCU Burmwur :met Lender agree to other terms of payment. such -
<br />antrttrnts=shall #:..~ p:avntalr npcm ttexico from Lcrtdar to-Burrawrr rique:+tingp-aymcnt thereof, and shall Mcar intercct from the - _
<br />doll-tat .¢ictan rcentenk at the rate. payable front time to time can ntnctanding principal under the ;dote unless payment of
<br />interest qtr-such.rato.wutrW 1.e centrary to appfiica6le Inw, in which event st[ch amnnnts shall hear inrerast at the highest rate -
<br />nermissihic un t - ,nnlicaht._+aw_-. ilnrh.nn rant;;r+ed ,n rht~ paragraph 7 cha}I n'riur7e r-enter to lnct.r "v rzp+ense nr take
<br />:my action hereunder:
<br />& - ftrsptriian: -3.ender may make nr cause m tse matte raasonahlc rrtriex unnn and inspections of the Prnperty, provided
<br />that [.cutler khan give-Basrower nano: prior in any such inspection. spccifving reasonable cause therefor related tr) Lender's _
<br />intrsect-.in the Propce{v.
<br />9. -Contitmnatkan. 'Ilte proceeds of any :sward or claim for d'amagts. direct or cnncequenfiaL in connection with any ,
<br />t~andenvsatic.n car other taking of the Property. „r part thereof. ar fee mnaegantc in lieu of condemnation. are hereby assigned
<br />and-shdtt-I*c-paid -to I_endtr,~ - -
<br />-itt the e<rr3t of a torn: taking of the Pm(?x-.rty. the prx~eeds shall he annlicd t.~ the sums secured 6y thes Rfor[gage.
<br />with ;hc e:cr-s;. if any. t,aui t:, Barr:,wcr. ht the went of :! partial tukine of [fie Progeny. unluss Borrower and fender
<br />,ahcrwisi agrm in wrirhre. there shall be applied :o the arms sectrcd h*: Chic lvfangage such proportion of the proceeds
<br />tts k aqua!-".., ;hat pmpnrtinn :rha,h the ;tmeunf ni the sums +ecr, red fib' rhi, ~iortga¢e immediately priortn the date of
<br />taking tom: rs t;: the: fair market value ,+f the Prnperr}~ iu,mcefiatcly prier to the date of taking, with the balance of the proceeds
<br />paid to B<~rr<twer. -
<br />tf the Pmpenv is :ctxandanc°d h•.• B;?rrovicer, or ii_ after notice 6v Lender to Borrower ffiat [he condemnor offers to make
<br />_,n at-xxrd ,v settiz ~ cFaim ;nr d,r;nace,. Barrcwcr faif> t;, ra;pond to tender within 3t) days after the datz such nofiee is
<br />mailed. Lcudcr is a:;[herixed u, collect ;md anPly th= prik: gads. at Lender'; option. either to -restoration or repair of the
<br />Pr< pine u x the .nm+ ~ xi t Pn~ th;_ 'ti eaa.e.
<br />t. a:c~. L u -cr and Bu. :, ca-u~ tahG r +<< .tgrec rn u-riti~n,~. ire}` sne#t -t r,pti;:ztion of pmceedr< to prinei{tal shall not extend -
<br />nr p<>stprne ih=~ clog da[c at [lac mo~tb;v inst.+ttm:nts rcferrad to in paragraphs } :end 3 hereof or change the amount of
<br />:orb instalimentc.
<br />tD. Borrnwer Vot Beteasti'd. F stenston of the urr;e for pavnxm a: m Klification of antornzadaa of the sums secured
<br />by this hinng;{go granted b_}° loader t„ any successor ;r; in[er~ of B=,rrower ;h;1R niat npcrau to release. in any manner.
<br />the Istli;s~ nr rho ^ricin.d f3nmower and Berrour r': srrecetvnrs :n intcreu 1 enact shelf not he required t<, commence
<br />pn?cralings against a!:h c;=cecssar ;~r n•ftsc u, cocnd time t,-,r ptr+maa; .,r other+•i<r nt,ulifc amarti~ation at rite sums
<br />,ceurc:,t by thin ~ienga¢a h} rc-ason a; ant drm.ntcl nmdc !rc she nrictnai r~evrascr ;end Bcxrmver's auccessars in interest.
<br />It. Forbearance by [.ender K~nt a OF`aiver. Aar ?erhrarvu: 1++ i cedar 9n e,ercrsine arc right or remedy Fxreender, ar
<br />utherwik ~eTorded hr app±icahlc iw. ,h :l; „-,° he s wntver „t ar }uec(ods i1:_- c<er,:ise of anv ,sorb right or remedy.
<br />"T7te pmcrveutent ;~i insurance „r th~~ pac,u.,vn .,. tzsr, or ,~thcr be r ;hr~r~cs i,c t ender ~kall nni he a waiver of Lenders
<br />rtettt to act c!rr;itc the matur,.r+ .: t`h` :.:,I:: htCd n:::, -~. - ,i M !h:,'\lnrts•~n2C.
<br />12. Remedies Cumulalivr~ Vt remc:La t;-~ r..d :-~, ,i,.~ ilort:,:r L+. - 'd .#nt.nci :url .umuLUtvc ~n any other right or
<br />rem:`cty _;ndcr Ibis \k,n~`s i`r ,n >:ltord. d ..c a:, .,:. .:u. : _. :,: },~ ;; ,,.-rc+,_.3 .-onc;n~rc°ndv_ urdeh.•ndendv nr successively.
<br />!3. Surrtxsars grad ,tssiXns Brunel: .faint and tie+crni ILiahtlifc: f'aptinn.. fhe i:=u nanLs acid av cements herein
<br />eootaiaeci shat! I+ind_ and the riei_t; beret; rdcr =t dl sutra t. _ ,nc •r,}*t, - _-.. _,. ,r, and ris i>~ns ,~? tcxier c+nd 1Sarrou'cr_
<br />snttjc,.t . ns arc;, isreans ,. ..ra_-a ph r' bettor. ,Alt ,.. .,_uet~ a~.J _ _ :...- i Bv,na =,~r sh:;I ha Icnnt and several.
<br />The .~txi+.~.- ar,.f ltcadan,- c' ti°c ~-,,nr,. rf .hrv r•1 t~acr .;ri ~ ..'n cc.n~r ce Wait ;n,i ~r.c n„t ts+ hr used to
<br />interpret a; ckfine the t_ra~.-,<i,:ISS hern~t~
<br />t4, tinHCe. Fwep:.::.u,+ as uu .:dn _. .r ! :+ - he ~• * ,, :mother manner, ;a! am' native to
<br />harrower r•ro::ded '~ - _ ...t. \}, .t : _ ..tats, a -;.r_ -.:.... .. r ~ ai(ic+{ :na;t :.ddres,cd to Borrr!uer al
<br />[:;c Propcm~ Aadre,. nr a, a .. _.osc~ .:.fun'„ .. at -, ._~. .i+: .:- ~ a:,iia ;: 3 rider as Pr,rided herein, and
<br />tb) ar, nuaac to 1 ran?~• ~r.,r . -`+, ~:.~: , , e:, r ~ _: ... .,__ .- y,.c*ted, t., Lc idcr s ,;c6tres. sta~';d herein nr in
<br />;tech other ado ease ,. Lsr+a.r rata; 4. ,t„c;r.t- !^ ._+ -.= 8, :-. -.:.: .- r r -„clad h ,. lr- ~ r trice provided for ir, this
<br />>iorrgagr she}[ },r: +leemed to fsas-y "'oar cars: +,, Finrz.~s+cr +:r I ender ~.. 1=cn even i;, the manner designated herein,
<br />..,...._,..... ..~,.._,.. _n .,r ..ter
<br />iS. f'sdfnrm 1tottrage: r:e,•••rnirs;< t.a++; het€,•..hSiiix. !1::-- t•r:•-::+~ •^:,.,~_•~,.. ,.,•»t,:.:..< :, ,rr,.m ,,versant=, t_.....,i^aal
<br />use and Wan-waif;,=rm co.an:tnts ,, ab limited ,., :. he ::__:,~[,.n.=^ to c Want::,,; ., unrnirm secunt~° instrument covering
<br />n.d°. o
<br />real proper[v l`ttis 'ticr=~s;tcv^ -hsil ih ;Y sern:~.l h+ rhr f.,u +; the tr+rr,dret;nn in ,~~hich ;hc Propert+' is located" In the
<br />event !fia* nut` pr,arisscm <r ; .c,-,e : ! .ht, Aloes _. r rsrc ''~- t . - .~. ~.+i;h spp:ic,thle law, str;h cantlkt shall not affect
<br />ntfier ; rr+vtvtam ++i the A9 nrlLaec ur the r,0.• a°u:n s c i=: -_+;c~, r,.. .h,+ut the rnn!li.-itn>» prttvisian. and to this
<br />end [he prnrtsians of th< Afortcage nttd rite ~: c t -I ud r.. t + ~r-rfi!,t:
<br />f6. Borrowers Crpv, Borrc,ucr ,h<dt he ~ r..,-heel :r ~,nrou.tei sc ay nt the ~.,tr and of rhi; Montage at the time
<br />_,f ex~uiion ur after rea?rdatirm here.,f.
<br />37. Teansftr of the Froptriy; ~Ua+mpdnn. It a4 „r ;ny l~,rt ++f the Pmpertc a- an interest therein is sold nr transferred
<br />by BWrow~.r withata tinders prn~r u-riucn can,etal, exchrdittg ::a the creation of a lien .u encumbrance suiiariiinrde m
<br />this Mortgage, ;hI the treat[, n cst a parcl:asc mangy ;aunt. :merest far hotrschald appliances. tcl a transfer Fxp devise:
<br />dtxcmt ar by opt~ratian of law upon the death of a local tenant r=r ~ , _
<br />tender may. at Lender's optkan. denture all the sums secured ny this Aortgage to 6c
<br />immediately clot and papahle. tinder shall bare a,t;v-eel ,nth option to aa-elerate if, prier to [Pte vale er transfer. I-ender
<br />and the peruin to wham the Property is to he sold ctr transferrced rrsch agrec.menr in wririne that the erectit of such person
<br />i_rsatisfactan° to tinder and that the Snterut payable an the onmv secatred h.• lhic Starteagr shall he at seuh race sts Lender
<br />shalt request. if t envier has waived rhr option xt accriaratr praa•ided !n this parngra ph 1".=. and if Borrower's successor in
<br />loterest-his ezeeutcd a wgirttn assumption agreement accepted in writin, by l ender, tender shall release Borrower tram all
<br />obtigarions under this Mortgage and the date.
<br />if Linder exercises arch option to accelerate, t_e ndrr aft.:li mat? Bo;ro++~^r notf~z i~f acce1eration in accotrlance with
<br />patagtaph 1~ hertaf. Such notice shall provide n period of reel less than 3ti day, tram the date the naive is mailed within
<br />which Barrrrwer may pay mt snms decfarad due- Z f &?rrouer fa4}s u> pai° sorb a:rmx prioa~ to tfic tspiretian ref ±uch pttricxi, ,
<br />Cradle may, without furtltet notice tx demand i±n Borrcuer. ;nvnkc an} remedies permmed t+v paragraph ! N hereof.
<br />fi3txedttvtt=c~Rnt Cavt^u~;.TS, Borrower ;utd Lettdcr further an•enam and agree as follows:
<br />f& Ask Rte. Except ~ provided to paragraph 47 hereof, upon Borrower's breach of anp covenant w
<br />> aR Bartowtr ~kn.tlrb ~fiortRaRe, irreiudiotk the covrnarats to pap whin doe anv sums secured by this hiprigaRa
<br />;€:e.priot to ~ ~-taaii makite ko Btarrovser as provided in paraaraph to htrtof specifpittp: (tj the hrtach;
<br />(~.{-~.acfiaft tegnined is trora.snclt At+rachk tai a dart. not Its thew 36 daps €rom the date rhr notice b mailed. to Borrower,
<br />b}•.-+v4klraacit:brvatgcb trunyk 6t-enredt attd~{4i that faihrre to cure such Ere^rh o0 or befarc the date spceifitd in the ewtlce
<br />raztAt hx atedetrtt(iak at fht ann+s stcnrtd bq skits Afortg>age, foreelnsnre hp jndiciai_ prm:eedtng cad sett of rhr Pavaptrtp.
<br />»tokkeshdi taethssr~tefiar~Botrovrer of the right to reirWate after acreieraiion sod the rlRhk to a~5strt in the foreciosarc
<br />ptt+atestBaltdta antsaizittNrpct of a defaadk or-any ortrer dtftgzt of $trmawer in arctltration era} faredusare, if rhr 6rcuh
<br />b out ctttad nn nr t[troltc khe~datespccifFad ter kht matkce, [xmtar at: [:tndetr?s option may dtriare nit of the sums secured by
<br />BrM M1trXt~re to bt-.iaune>StaKttY:diwtr.aml.papa~bik vvittaeeiE ErrrrMtr ekman8 and ms*• f3rrtetose trp jndieral prgtetding. finder
<br />ebaH ht ttaehlM to.+:erN+rcr hr strch proreedhaR aN tzptttwnt of iortct~ure, ftaciudtoR. but oot iimittd w, c(abyts cal daeuntrnhry
<br />avidt'wea. akazleaetz sad.HtAt-rtpwrts.
<br />t$: fJtFrrm•tY'-a Ift$hk-tva $LtlrAfdNE, NcNwittrsr'isndang- r.cndrr`s •+~':cFeratx<+so ," the sarms sccan'vd 4;y' ffss 'M CartTaBe.
<br />~r )Ixrt; hssz 1F#c fi~iat rc+ h~~'t sttta ptraeccdsngs~ tK~nn by i_._ndtt - cs,4cu~c: - th,} Ai a,rtgtga di.i*?an ttttrc*d at an}' U€ne
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