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<br /> <br />83-Q03969 <br /> <br />\. <br />i <br />1 <br />;" <br /> <br /> <br />L.mcJer'swritt...~t or applicable law. Borrower shall pay the amount of all mll'rtgage insurance premiul1\$ in the <br />mlllln\Or p~urider ptlrapph2 hereof. <br />Atty ~d&bursedl>ytender pursuant to this paragraph 7. with interest themm. shall hecomeadditional' <br />indeblllldneu.,f ~ ""::llml'by this Mortgage. Unless Borrower and Lender agree to other tenns of paymentsucll <br />a_ttl5;llIiltflibepayableuponnocice from tender tll' Bll'rrower requesting payment thereof, and shall hear interesrfmm.the <br />dIItiIQf~<atthe l'ilte})*yable frontttllleta timeOfl otltstandingprincipal undertheNoteunl.mpaYlMntOf <br />in~af.ucihratewoUidbjn:Ontnlry loappliC1lblc 10"" in wmch eventsueh amounts shalFhearinterest.tthehigbestrat~ <br />1 ~~aI'Pllcab&daw. Nothing conudntld in thisparagntph7 shilllrequire Lender to incur any expl!l1SC01'take <br />lltty.lil:ltOIl.~, <br />~; ~. ...Lender maymtkeor Cll_to he made reasonahle entries upoll and inspections ofihe.Property,previded <br />thaf'~)in.ll gi'oe .11'<>_ Mllel:prior Ii:> any s"dl inspeetl<m <""dfying "''''ll'n.I>''' cause therefotrelated tll' I.ender's <br />mterest. ilnl\e.~, <br />9, C lJ I 1Si,. The pf<'l<:tleds of any a",ard or da,m for d.m.~.. direct or consequential. in tonneeiionwith any <br />~km or other taking oflhe Pr"l'Cfl'l'. or part th,,_r. or fM convcyan~ in lieu of <:oodemn.tion. are hereby ..-.lgl)<!d <br />md '>lWl... he paid to Lender. <br />In the event of a total t.king of the ProperlY. the proceedo. .hall he aPIIIi<:d to the sums '.":lll"d hy this. Mortgage, <br />willnhe .""......, if any, paid t.' ll<>rn-.", I.. lhe cvenl of a partial ta\::i..!! of the Property. unless BOl"l'O'illc, and Lender <br />t:tt1lerwtSeqntl> in writing, then; _h:lll be a!'l'licd H' lI\e >urn_ <CC\,re:! Iw this MoJ'tgoge ,ueb l'~ of the proceeds <br />lIS is equti 10 fha. Pl'Ol'<'rtion whieh lhe .moon! of the '<'m. ""'''',....<1 hy ,hi. Mol'tJllfllC immediately pdOT to the dale of <br />t~ *1'$10 tM fair mvltM vall", of the Prope";, ,mmedialely J'flnf to tn., dale of taking. with the balance of the proceed$ <br />paid. 10 BOrrower, <br />Rme Propertyi. ~ by Borrow.r. or if. afler Mli<:e ,'" Lender 10 Borrower ,hat the c..",dem.nor ofters to make <br />.......llt'd or <ett'" . cbum lOt' da""'ll"'. Borw_r fad, '" ''''I'''rnl '0 Lender wi,hin JO day. afler Ih<odale ""c:b notice is <br />mailed. 1.."i\dcT it ~ '" <:oilect and apply the proceeds, at tender', ofilion. either [() re1lfOration or "'l'm "f thtl <br />J.'mperty or It, tile """'" _UrW hv Ibis Mortl1a!", <br />u.... Lemler and Bor_ <>therw..., agree in "rili..~, 'u'" ",eh .pph,,,,,,,,n of prO<.:ecds '0 "rindpal shall not ".tend <br />or ~ the dur. ilfaU~_ .,f- the monthly in-sullf!N':nts. rcfern:-d fn 'In naragraph\ 1 and.2 h~t"el.,f or chan~- the amount of <br />"",IT imtallmetm. <br />1.~ ........... NoI ~ Ed_en,ion of Iht:!: mm ft-~r p.lvme~t tV rnodifle-ation of ;UUt)rt.ilation of the sums secured <br />by t.:hn- Mort... gnmted t'i'\' LC'1l:der to lUll" ,i.tK:CC:.\'SOl' m inte-rest of 'R()f'Towcr ~h;~H Hf'lt operate to ~ltue. in any manner. <br />the. -liability vf thft orituu:t Ik4'mwc:r 1I00 Bofn}w"\":r~!:. HK",:~:!I;!MJr'\ m intt':~t Lend~r fihaH not be: rnquired to commence <br />~. .~ !'ouch ~ f~r ~efH'iiC h<~ l:"'tcnd tttlK' f~lr paYm~nt t)f otht'rwio;.c modifv a.mortjt:ation of the .umt <br />;~..b,\_.~':_-byc~ (tf any dc.mand mll-~ h\ ttJc '''-f'tJln:&t nmf'l~wer,and Borrower', ll'ucce1~;'O interat. <br />'".<,.'"1"",, "ili._...'\IY~ NoI. W....... Am' (,'"",",a""c h' lender In c,e"""..t. an\' rigl>! or remedy hereunder. or <br />;tll~ne, ~ t'f_~,Jitw. !i';t'ltU f~.ot_ h(' .l WAiV('\" nt .-'if r~1't"Cludc the ('l..cr-ctu' .....,1 3nv 'Iuch nght i..'f remody. <br />,~,:",~~.,*,t'!!t JM~ Of f.he rilVff!:('fliOf f;Ht'\ (!{ f'tht-f hcn!i j.-,'of ....ll;\ffil('"!!l hy l_c-nder \tulH "Of be it waiver of Lender.! <br />fftltt 10 k\.-~te the- maturity td 1~ Hide-btNm:\~ ~nH'\~d h\ t"'to;. "'h"H'1gaJ.tt_ <br />11.. R~ C~. ,-\H temN-,~ pn!, Hkd In th!'\ Mi_'f'ft:;>tJC ,Il!'\: dlSt1rtLt it-ll(t \,'Hmuf.ttvt: (('f any Nh.cr ri,M Qr <br />~y hDdt:t tnt' M-orta. ~\f 4if,..,,\kd hy fj'\a;- t't ~:~UJl\-' ,1m.! mM' 11(" t'''t(:'!\::',-('d 1.:~>t'H.'H(t('-ttdr> Hlt~nde"dy -or luc\..'f:S$ivcly, <br />13. s.u-...... ANiIaM ....... ,...... ..... s.~..... l.ial>Illly; C......... I'he ",........t. and .,r""......,1'4 herein <br />~ !hall bind,.iiDd tbe rilhn he:rciJnd.n ~h~H !trHf~ w, iM~ n.''\I~''l\''t' "~k,~<<",,).r~ and .a,.."i't1~ ltf tender and 8()rrower. <br />-s~ to t~ r'~ oj p.iI.t*ltaph i 7 n-f:tro! -\li ...~\"i"rn;'mb iHHJ ii~f('('mct!h {,( Jk"fTnv.,'ef dl!di he If''wt and w-~n.J. <br />'llw:- 'C'Aptk'lM {lad hatdt~ L-.J the: fqf~t,':lph~ ,tf thb Mfif~'.;1.c .:tt'l~ [.'of \'nfWeft~flt~1t ~ml'r .H'hJ arc not to he- u~ tQ <br />,~ ". <klmc. tn.J'ro"...._ "",..>f <br />t.... NGIke.. E;lCcept fi'! an)' ml1a-:-c: H;,quirlXi utlikr ,~ppik"hte f~~ tn be ~1'VC-n l;l <1lWitlet man:"~r. ia} any n()(h.~ to <br />Bon-ower- Pf'-wU;kd fer ft; thio\ M~"HIAJC ..hitH N,' tH'\"-1:1 h\ m':H!i11~ \u-d~ nOI!t:~ ~,\" '-ttt~fled m.41i addres.wd fU Bi.'VTfiWC:f at <br />the Ptc;......, A-ddre->> \,V a1 ~h ~,.~r ~~ddr(-"';, ,t'\. n..'iU'U'dfl."'t n)a~ .tt.;,.;~n:Jtc h,"' H"W.:C tr1 I-cn..kf :,)$ rf\wtd,,-d herein. iI.nd <br />{t-\ an}- ~~ -tc) L~ tl-hlllf ~ #t"'i.'il h\; ,,-,N'ft~ M_ll, n~t~!rf~ :frl,':-t"1!~{ re't.4H<'M<<i., {(I r -c'f't"le.f, addreu ,t.ted he:f"ctn Of to <br />~ (~ ~ 4.$ 1..e:n4H rh"iJ.)- ~.n.\1.~ h\ I~~t&;t" L' fH'j.n\~~<t' a\ pftrndf:d hcf-c;.ln An\' notil;:'C rr-..:.vtded f'Of' In t.his <br />MOrt.. ".U 'be ~_ t~) hii\t .N.t'll ~'~"''(,~!'\; t-n a._J'H~H.e-t' ~H t.{'fi~,f .....heft ~~~(:!\ It\: t~- I'~htnnef tiflittnated herein, <br />1$, lJ........~.:. (;.n-~ Lw-. Se,.~......,... n;i~ h,.nn .:.-.1 m(..-ngil# ~~:~tl:\btne>t uwfonH ~\w~nanis (or natioMI <br />u.te aM non...Ufl:ifMm C(l\'ef'Uitl(~ ';i.,uh hmih;~ \An:Ahn"-,, r:.~ g'h:...jj~'Ii{>n !:" ,,'~~tnhhl1e it ~mj(Otrrl ~'urity it.}!!Itrum~ot \-'ty'/crinS <br />~ ~)'" 'ft'm. .Mof1-,__ 1b~>> ~ ~~~~tTn:d t.t 'Int- }~'*. "t the nJr-i~1:H;:THm H1 "~hli;:h th< Pr-()P~.rty 1'\ !(x:-.tcd. 1-0 the <br />,yal:&' that AU)' pnlVKu.m ~)f d~J-W of !1U\ Mf.'lf'tl.j#.'t ~.,t too. Now I. ;.:;fitlkf~ ..hh :applt.;.ahle 18.'14-, ~ui.:h ,:'o.oftJ(:l 'i.hlll. n-t.)( affect <br />otbct pr(W~ t\f' thflti M.offg..~ t.~j tht- "(He \A,'hs::h .::.itO, ~ ,gn'cu -l~ttt"\71 '.,a,'Uh:OUI {he ~;(l>t'ltl.Ctill~ pfo\;'i~i(){l, and tfl thi. <br />Cf\d- the' pt\l\'-~ vf l~ MOT." -.lfk.l th..1 ....{~(: -"rt' ,$..k(:'li,if~d H\ he \4~ver4hl.-e <br />.... ~ C-Glf1~ lkat'f\"d 1;n-liU he t'~Hn!-.h<d. .,\ 'I,'I."nk.nneJ ~;C~f'," ,-~t !M Nmc .mJ i,}f ihi., M<''JftLl'*J'C ..t the- t~mc <br />of "",<<.won 0' aher l1Korolali<m ""f~'t, <br />17, 1'I1olIIfwof..............,; "'--'ilea If all <,'r .n.y r.rt ,,/ In., Propon~ ", all 'n'.'c,t .".,oi.. h rold or lr"".ferred <br />by 8orr~ \4tt.hvut t.c.....'S pt'i"-:lf' .tIUe.,.} ..:nU1.("l\(, ~':\.\.Judi,nfl Cl) ~hc ..:rc"&ltm {~t il he-it ~'lr tnf.:u-mbrat\4:(: ntbordinate lo <br />ltbs Mortp&ir;\ fit} t-ht -c1'eattOfl of a ~f\;b..\C :)wM)- -\.I:t..:ufir~-' inh.:t'C\l f()l !tflt~M~d appbaw..:~. fe-) a tuul...-d~r tw dc\ille:. <br />~ nr,~ gptrMioA ot l.t.. upon the death -(,It it }\')tut tt:NnJ. ~'!f 1\1.1 tM ~rilnt ~.,lf i4J\) !e,a~hold intere$t or fhr<<. )'c.n Of' ~1i, <br />AOI t.~ -I,A \.'flrion to pu~h-... te>td1 n1.1l)". J;t h:nde(~ ~-~~*~)if\, rfCdOi'U': a.il tht:- !auns ~i;:lH'ed by thi&- Mortgag:e to be- <br />~- _ lad pay"', Lcndct ~l h-."" >/HiJ\>oc.d MJd~ ~;"1opuon fo ~i;dt'talc: if. ~)O\")f' (.(\. the. \/.tIe Of tfanUer, l,cnder <br />.M_ tM ~ to; ~.tIium dM p~}' iio 10 ~ 5-\::~~~J t" tfan~i(t~d KA<:h 04$,C<<-mciH in Wtlttq. thit? the: creJil of ,.l,K;h pc::non <br />it,~'1Ur)' to l~ <UI<llhllllhe inlelc,", P4)dltk "" '"" 'un\> ",,,,,rod by Ihi> M"rt~ ,hllll he at fucb fale a. Let.de, <br />~3q_" If I~. bat wroi~ l"""plitm W ","'c"',... pr,,,'KJt;d '" .h.. pl!fagr.ph 17. and if Bo,,,,,,,,"s .u<c...." i.. <br />i~ baa t_~ a WY\U'" a~ alf"","",,1 ""apt;:<! in ",..ti"l!>Y t.l\u"r. Leflu"r ,!lal! ..le..., Bor..,wcr from all <br />~~ uudcr~s w.~ lltld the. Nooo. <br />If t..~. ,C~~~, ~h- {lpt.klQ t,t> ~ekl~c,. L-t'udcr- 1D;\U mait Bonowcl nvtke- uf a..-:~deralioo in <K'co.rd~c Wllh <br />~. 14 hereof, SI>c:b.tl(>li.,,<: >liall pr",i. J l'<~'<l ,,( n<~, I.... Ih:lft 10d.y, (Win:"" <l0l. the ootkc i< ",ailed wilbin <br />~ ~:IDAl ~' the_ ~Uftl$, ~laf.ed due. If fk,ft(~'I!'--er ! J_:Is lV pay ~lKh .<;Umi rno! ll.l the c,tpinutOtl of s.w.:.h pcflOO. <br />LcmlCtIlN)', wi~ f\Itt1lcf' .l'Wll"'" ,,.. .~ ,I" lk>< fI)'WCI. ""~>K. on, ,.medic; permilled Ill' par...' aph ! R her.v{, <br /> <br />~~1>4 CQ'o'~n. 8or"""o, and tende, ,.."n.f c,.),,,,..,,, and .~r'" :L' foUl)W,' <br />1". ~~ ~pt" pm".... In.......... l1 Mnot, "poa ............... ~h of ...y (0_ ... <br />~,ot~Ia....,~,~tlK ,..v.......,. to,..) "IIea'....y .._!Ie(....... h, thll Modpa.. <br />, . . .........'1OIlClcc to. ~ "" lKO~ldctIlll ~ 14 "-' .,mfylac: (I) the hmoclt; <br />~.~()t....., ~ '- ,_ ,llI tlat- f_ lilt ... the ..... Is ...... .... Ilorrowof, <br />...~ ....(ilj... t...., 10 am _I> itnoI<'l> ...'" Mfme the ...... >Pl<1W In lhe DOtk. <br />lilt~~ 111"'~' f~ by ju4kllll ~Iac .... .. '" tho ~, <br />. ,...10.......,.... ~ .....'ho riPllo _Ill the f~~ <br />.., ....... .~ of ~ In ~ ..... f~. If lho itnoI<'h <br />... .Ili/tm" . (A""'- .. u...... optjQe.. mas. 4ft."'" .. of IlK _ ~'" <br />....~ ....... .... .-.r fortdlM It) )uI.tkW,......... ,.......... <br />,,~~of f_......... ~ hili _ lIatitt4 'll>, c. of ......._lIf) <br /> <br /> <br />~,.;llWtln<n.... l..cntkl", ""~ekr;;.t"''tl of lhe ",m. """l!N by 0'" M"tt.~ll~, <br />t$-~W i&y Pf~J<:~ hqur\ If)' f,;CrwKf h.l cnf.~ct 'ni~ MUfl,,-itgc ~jtM.'-"uHtH.ted {Jt i\tl)' tin~ <br />