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<br />83-004725
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<br />f I..'mkr"', wnu...n i1grcc:mcnt Of .\pplk':tble taw, Horrm<\.-cr 'ihaH pay the amount of 1.111 rnorfgag.e insurance prenlium~ in-.'the
<br />manner pr{wid~d under parag.raph 2 hereof.
<br />A.ny am(\Imts' dls~ur!;.cd by Lender ptI-fS.u-ant to this fklragraph' 7, with intemt thereOh~- _'\haU :becomb' 'additional
<br />jn:clehtc-dflc'\~ of Borrower ~ecurcd-by thi.. Mortgage. Lfnless -at:>rrower and Lender agree to flrher terms of payment :such
<br />.J.fnOnnf-s ~haH he pa.Yllbk- upon notfce from tender to Borrower requ~ring payment thereof. al1d. shaH hear-inreresffrom -the
<br />Jl'ite of tn..hhrsement.-at -the rat_c payahle from time to t~me on outstanding principal under -the---,Note: unless -pa~~nt"_of
<br />interest at such rare would he -contrary to applicable -law. m -whic-h event ~uch amounts shall bear- interest- at the_ higwestc .rate
<br />permiss:ih-tc under applkabk lilw. No-thing contained in this paragraph 7 shaH require lender-to incur- any- ex-pe:nse---or.take
<br />afW actfon- hereunder.
<br />" 8.. Jn~tioft. Lender may make or cause t\l he made- r~a.~orHlbte cntrie.; llpOR' and in~pec:tion-s- of the P-ropertY. provided
<br />thM Lender shaH give lk}rrow~r nOfice prior to any 'iuch in~pectinn specifying reasonable catll>e therefor related' to -Lender's
<br />interc~f in the Property,.
<br />-I}. COJNtemnf&don~ The prnc~eds ()f any award ~1r (.'laim for damages. direct or con!;cquen-tial. in conn~tion with_' any
<br />,-~ondemHilfj{1n t-,r of~r t;\king (,.'f the Pre;ptny. t)f part rherC(1f. or for c\)nveyance in lieu (\f condemnation, are hereby- tlS!Oigned
<br />:md ",hall he paid h" Lender.
<br />In the even! nf a total t-aking t~f the- Property. ih~ pn_1oCe~ds ;;nnlI he- :lpplicd 10 the sums secured' by thIs MQrtgage.
<br />,-,ith the- e,I.'t,'l,,;,'i_ If ;lny. f',1Id Il' R""rf>Uier, In Ihe ('vent Of;l partial laking ,,[ the Property. lInles~ Borrower and-Lender-
<br />..11hC'fwi..e agree to -\".l"if;n~. fhere "hat! he ;tpphed to the ...um.. \c,-'ureJ hy thi~ MI."lrrgage '\ouch proportion of -the proceeds
<br />;,~~ \"- Cifliitl {t1, th;lf rrop.nrtirlO V.'hll:h rh~ amOl!nt t,f The .;,urn" ...ecured hv thi.. \-tortg-age immediately prior (0 the dale-_-af
<br />{.:Akin!:' heZlf<;. 1(; the (,\If' market ..alue 1..\( the f'r,'l-f'l(,"rtv immC'ltlatelv prior to the-- dalt: of faking, with the bai3nce of the proceeds
<br />paid h'l Bhrrf'r\.\-.er,
<br />ff the Pn~~rty j" ;,h3nd<:n..:d t1'i/ H,\rtO\\iN. "f if. ,dIcr n,Hki.... hv L~nder t(l Borr0wer that the condemnor offers to make
<br />;,0 <)~'ard '" "ettk ;l dllm !l...,r dam~ige..._ Borr{'\l,~r f.)ih If' 'C'\p0lhl h) I cnder within JO d-a-v'i after the dnte such notice -is
<br />m::iiled.. Lender i, J.lttt'h,rl7.:-d to (:(~lIect llnd ~IPr'\' thi.... rrocccd,_ in L('nder'" f1ption. either to:' re~torntion or repair of the
<br />Propen~: t,r It. the "um... "":"':1:(('0 n-\' !ht, 'f0f'H!3Ce
<br />L1r,h.;-g., Li:nder and 8-orr;l~Vl;"r fl-tht~n"."e ~t'~r~c In wri~fl1e, ~iOV 'inch ;Ipphcatinn t"f proceeds tf'l flrindpaf shaH not extend
<br />\" ~"fpOl'lC {he due ~bfe I~i th..... monrnh' in'i!ollml'nrs. r.:-f('"n"l~d rn in r;:rJ~r;}!"h" , ;111d :! hereof ('rr change the amount of
<br />'~nch !f'l4it."lllme-n!<:.
<br />10. Borrowtor '\;~Jf Rf'..r:s.~d. F'\lt'n,\~()f' <'If th,~ 1l1'n~ for [".ivme-or <'II' "1c-.dif1Gltlorl ni :imorti7alfon ('If the ,>urns ~ecured
<br />h~.' !hl't \1nrt,l.i!age ~nnH:li h... Lcr;~ter !,_~ ,it1\' <;;lK~l.'\"\\f l!1fl:rt'\t "f B,'lH'Th\'t"; 'dl:1H nt'! l.")perate tl"l release. in any manner,
<br />the- li;;h-jlit~ ": lhe "ri~m;:l Bnrr"\H'r .tnd RNw....'a... ,ill;..'""."'"',1;--.... '!l inien:sl I ,;.~ndcr ...hall ntH he required t{) commence
<br />rn(1,,:.:~Jtn,g':S ;-'tl4J.ln_'\.t 'o~h <:'HCC~"S-,,!1r Pr' icfu"-e (;;1 c\!\'nd i;i1lt" l\'f f'X'd1,,"nt ,'f ('therVil';<:' P1ndifv ~lm0-nildllon ('If rhe sums
<br />,t:,.tJfC'd n\' lhi~ \1"r!~a~c h: :{"j"{';'l \If "V.' ,j~~l);Jl1d '~l.:H.k '",v Ul(' ,'rtQ1n-a1 H(\rTClWCr .Hid R.)rrower's \;u.c<:cs~{)r' III interest.
<br />f1. Fur~anuu'~ bv L...,nder "0-';1 \\-'uhf". \'l\ ,..th:--..l.T.1:!"',-. h ! .:ndcr:" "..\!.'rt:l..lOL: .\il\' ri>;!hl fir remedy hereunder. or
<br />;'Thep"'.l"-t: ,lIT(,njed h.,. :q1p"....':1r.h... :.lW, ,h_I;1 1"'1! ;""; l W,-Il\'I:~ ,q ,H' rn,'(:lIlJc :he \:\cn.:i'$e f,f ~uw \U\.:h right or remedy.
<br />'01C pnx:un:tTH~n! of jl)\-Ht:WG; '_if ,he 0~tHrtf.'fH ,,! :;,\;."-\ ,,'r ,'lhcr ~~(';h ,'f ,_'hart?t''- r,y t ,:nd-:r ...hall not b~:\ )~-:lIvt'r nf Lender's
<br />nghf hI ;h.-..'d-i:-r:lh." !h;: ffi:J:Hlnl\ ,\~ ti~e- 'n{,_h..h:~dne"-" ,~"C'~".i h\ :1''1['" \1(\n~:.J~',.'
<br />12. Rf'~ Cumui:ad-.<<" \1: !l'rnc,.h::'i p"".-alcd it !h,,, \1.'rr~',H:\.' _iT,' ..i:~!l!l";; ,lnd '-,llmllLltiv(' i..... ;If\V i,ther right or
<br />r-cm{,.~"tv ,mdCf :h", \h"nr::!t:i.' \'t ,d{;'fd:.:d ~~. !_,,^ ." -l,:d'. ,;,d m,ll. ;'~,-' ,-,\.:r...oC'hl '>,1I1~'nrr,,'!l!J\', ~ndcrendcntlv ~,r !o>ucce'isivelv.
<br />J3. StK~~n .::md \w;:m Boitnd: JuiUf ~nd wlt'r:u I,i;drilih': C;,Ip-fious. rht.' ,~-\''''-t:nanh .lnd .l~r~-cments herein
<br />.:(!iH;a.Hx=-d ...hid! hind ~,,1-d th.: :td'lh ~l::f\'\,fl{kf 'f'lll :\'if>:' ,.,'''Pc~l~'... -"',-,--':"''';~:-''' ,md ;h).i~n-'\ (,r LcmJcr .md Borrower.
<br />'lIh!-{:".:t :~~ ~h~ fl~,,\iqnfh ,"I f~:l<_;1:t lr~'. \1; _".'-i:~unh . :.' ~~~~,~.t'nh'f't.... R~lfr,~\\~'r ",!nn he h,)~tH and o;everal
<br />.~t;::;:~:_:;\\~~~~ /!~~.3~;::~~...;::~..,~i~:f~:'~lr.~:;:r. ph" ;>-'p" \1,"t::;I~:<": '-In"'l"n~...;l";'t' ,'111\ .;l1d .Ire lpt il) !-'C J!sed to
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<br />14. ~otkr. r'!,<,;::-r! fnr :1H\ :li.;!!~T ,,-,::;; ~nd,-'r 'iT'}":--"'': Ln,~ t~(' ~';\''''1l -~1 ,nh~!ht:r nl.:lllnef. fal ;..In\' notice to
<br />Horn,wC'f P/F"'lticd f.-H ,~~.... \-tdftCa!o,"t:' "n,!)l ~,<,' .ldln~ 'll~n 'k'!h::~' h.. d:nJtied f!l,ul .iJdre..",d :,:, Rn:-rower at
<br />th\" Pmtx'n\' .-\..~dre-"li ,.1 _il ,,>u,,-h _'ttll:-r -l.ldf"'~'\" .f'" .I~t\.lt;. h\ '11\!h:t." ll' l..-:nJcr .\5 1'f'<WltkJ. h~rein. J.nd
<br />~hl .lnv n{}h....:-.:- i,; L'-'I~\j';f "h,~\l ~ :;\I.T i,,- ~::j!,:--i-i.:d ", -'1 ''--'qu!:.,!~.;j, " 1_I.'(hk(, ,idJrt""') 'Hufl.."d hert:'in Of to
<br />"u~h {,\ther adda-.-<;.", ",,< i,-Cl,,Jt"f m.~'. '\c"Jl:;lLdt; >" ",,~,~.: H,;f~ .,... ~1r.'\:tk-,j ) 'l.'r>.'Hl \rn !h1ticr..' prl\\ilded f,1r In this
<br />"fnrq:.q:.-: Sh.lii h' ,j::-c~l~d ;~, fl.l'>~' ~~'<n ~i\-tl! l.., B{i1f,''\\,'f ,'f ! \-"1d>.:.'f ,\h....-n ~t\cn In the o')alH"'ler .1e'li~n~1ed hcrcoin
<br />15, enifot'm 'rO:l1t~~ Gu\crnt<<-J: 1,;1-"-: ""t'r-ahUih, [h.... ','rt'H ,II 011.");;::1:';'-= ,\~mhlliC''\ \Ullform ..:nVenantlii for national
<br />(J:\c: ;ifh.f 'ti)rt-Hnifnrm '-"'H;:'fl:tP.h '~l!h ~HtHll.:d " ~rl,l!I'_lIn b~ '''rn.L~-;!i'~ :.1 ..:.'n'\!:t;'h. ,t \.l!lIf.1rm "iCUIO\V I!1Slfllfll-t:nl cC1vt:nng
<br />r('a~ }1:op.tnv H"" \hlt{g~g;: ...h_d! h: ~t"...,:rncd '-\ h~ :':~.. .1, rhc '::n....JkhHl ~..hil.'h [he Pr(\~rtv I" h'ICatcd_ In the-
<br />-c-verH !h~lt :Ul'J. ;"'r~'\THI,m .If di1U~ ,-,I lhl'- \lig'!;4,t:(!". ," U'W''-'\I' ,'n1h..!<,. '.;nh ~lr-r!l\.'ahlt.' i;lW. ',u.:h (-I.'nrlit:f "hall not affect
<br />..)th~r pn.l\l~h}fh ,..J( !hl' \h)~-1~..,~~ ,'I lhc '\,'k -\t,n..h ,-,.\!"' ,. ''';/\ c~!fn;r ,..d1l\ul lhe ";iHlilinin,~ pnn'l..,lt'n. ,md to lhis
<br />~nd t~ rruvl'ioh."n... ..f ,he '''nrtca~<, "lOti ~ht: "-...\~C- ,l!'t," ,:':"';~..Il('d ~,' f"e '<.'''t'f,lhk
<br />., Bontt_'~r's Ct)py. R~U~'\\l."f --..rhiil r"c r\lrl1l'.hnl 1 ,."\;\ !7~h:d ~'~i'\' "1~ !tre, 't-crfr~~<t'~f ,~t'H" ~.1_ortg3re- :n the time
<br />,)( ~'C~Ufll\n ....If ~f!t:r fe('I.'ltO>.l(K)f\ h~l'e(1j i ,!~'"._c_ ":1 "',' - ".,
<br />.,. Traasl. uf ,a. PTOpert~: '\M-iu","iun. !1 ,dl "f I' It! \\1 [he Pnlfh:ny ,l[ .to interest ther.:in is ::ould, or trnn\[erred
<br />hy Borr<.)\\-Cf ',\,ltk1\lt L~nQers- pf~()r ',.\,rHh~!i \-_-;\fhl.;l1t ,;> ~ht: \.f;":llaH1 \'i :t lien \'t encllmbrance subordinate to
<br />thi\ .\iof(,a~, ;ht the ..:r'(-o\[KlI1 ,'f .\ pU!'l.h;j,~ IiWr'l'\.~\ "':dlrJ!,. 'fHt.fi.;5.f r.\r ~klUSCh-t)lJ. ~~rplhlnn~'" Ie) ,I Inllh(cr by devil\!:':,
<br />de\.;;~m nr by \.}~ntl()n ,-'f l.l\.. up,..n fh~ ,le-.un III .~ ,,~;ql l~n~ltll '-'f I' J ~1 - 1 ,f '. j. , I j '111 J DIl. f tkrJ j ,'he' ~r laU'
<br />:' fl'. -r J. .' r tender mol.) _ .H L~nJ\."f ~ ,lV1a<IL dcd.:..t..; _lit ,h:":' -.1..01" "~cun..tl n\ thIs \fortgage te be
<br />-m-mcJi.ucJy do~ Jnd p-a~j,bk, l....nder -;.h-aH f;..1\C" '.....l,...~d q_h.:h "P1H)fl k' ~1..'L>:kr,1Ie jf. prif\f rl~ ,he .,;,tle or transfer. L~nder
<br />Jnd the pe:t"M>n t". ..-.hl1m the PWPtHt,! i., k~ i"'t: .,,,"lid ,,~r 11'";Jns.f~m:d. rca...h ,It:fCl.''tllcnl IH ....nilng !h;tt (hc (fedit t1f mch p<:f'S,(I.n
<br />::"0( 't~!,..f~u~:". !rt l.;.n~r ;;~1:01 t~3; !he !::.~t:':-='.~ ;~~"',::-:::; .'r~ r!1~ ';~;f::~ ,~t:"::F-t-l h'-. ,-hE \htfb~,.:-.:-c ~t~,:l;l! ~;; .,~ ~,::\.'!-: r;.:.:~ j,~ L-.:nder
<br />,,-naB reqtK$tz it Lender h_a~ "-a.i\~ the "r-fj-..:,~\ t'''1 l.";i.:ekr;~le Pn.hli.kt.i 'P lhH. paragraph :-7, :lnu ff H,nro.....cr\. 'iW;CeSSOf in
<br />mtcfest tuu.~'t<<uted a wrHten .lSf,.Umpt!()n .lgr-e-l!mt':nt d..;~e-pl.:d in ."rillng hy I.l;'nJer. L.:nJer ~hJ.n r~i~.1'SC Bt'ifr..:'1wer from all
<br />..~t{"..-u. unJti this_ Mvrtj:iige artd the ?-.h,)ie
<br />if Len<ior exerCI!>d: ~lxh ~Jp'~i...)n tu ....ci;c-1er.ue. LcnJ...-r "_1-\..;11 m.id BOrfO",Cf !loh:..: .If ;H...~d~r<Jii~m in J'cl..~rdance with
<br />l~r-aph i,. heit'-l"l(. SlI\:h nO{lce ,,_h!lH provide ;. pCn\lJ '""o( rk', !~'ii lhJ.n .'l() lj,n.. fh}m {he datI;': rh(' O(lllCC i5- mailed .....ithw
<br />~h!Ch _browu mil)' p.l:l}' the "ums Jec!areJ due fr B...'1fHh"'\."t f.~:h ~,1 p.i\' ...Hcll "urns prwf tt' the ':'\pjr~'1tIon ,\( 'iw:h l-')('rkld.
<br />t.e:ndct,tni;,.y. without funhe-r n-c)hC-i€ t<f ~"'ma,,;j nn a(lH...~""'....r ,nv,'\l...: .In_\ ~~m('dlc'S r~rm'Jft'\1 h' P;'Hf\g:f3ph 1 S hereof,
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<br />NOS"':UNtFm'-f COVllN"Nl\~. &orrowcr ..nd Leoocr hmhcl' ,,;)\cnant ,Ino ~g.rtc ,1~ h~liow~.
<br />II. Ac~ ~ F..ucpf: as pm"'''' in plU'acn.ph 17 Mreu{~ upuu BOffO\',U'!l bnacb of uny co__eUAI or
<br />~,'" ~ III 1M :\I........" l..d....lIfll .... e"'~m..... '0 pay ..b.n .1.... ""~. 'u.... '~(UM b~. .hIs Morte...
<br />"........... Ie ~ l!>Nl ..... """". '0 Bom>..... '" pru,i<ied in p"r"arapb 14 ..not .pecilyina: (1\ I.... bft""b;
<br />,j.l) .. .............. ..,- SKIt bmM:b; tJl . dal.. no' I.... 'b.... .lII day. frum lb. dal~ .... ootk. is _d ,.. 8or",...r.
<br />1IJ ...... -.JI......... _ ... .ure_ and 14, lhat faliaft I.. e.... "Kit. brta<b on or bdur. ,''' d.,. specilled in ,be ........
<br />.., NlIlIIllo _......... of ,........... _..... by ,blo .'......_.loft.."...... by indi<i'" pru':H,Una ""d ....... uf lbe Pruporty.
<br />TIlt ..... ...... ,..._ W_ ........... of .... rill'" lu "'_.,. alt.. .cukr_ and ,be rillb' lu _rt in .be fo_looute
<br />~ .... _...... I>t a ........, Qt ...y ......~ <Ief...... ..I Bon"..... ... "'..~lHa.lu<t ....d I....d......... If.... bnao:h
<br />...... <1lIII!I...... bot_.... .........lfIIIlIIla ,............ t.""'r., tender', uplloa....,. dKIan! all uf I.... ,...... ......M by
<br />-Mootwe I... ~y_ and l'l'f...... ....-. rnnli<< 010_ _ may r......_ hy judidaJ _-na. t......
<br />.-......... Ie ......d lot ...... pr~ utI up"..... ut 1__. ,..,,","_, but ..... IImlf.. I... ,..... n( dtKu_..ta.}
<br />........., ~..lltIlIl"'''' Nl/fIl"'"
<br />,It,. ~. ... ... ~<<'" Sl)t~Hh'td!')difl~ L..:oot';\ o~;;;.~:d~rii.IH'n di ,h\l' ',uli1\ <:'~(HH."d hv lnl,~ MOHg,igC.
<br />iiQtn~tr ..~..t~ h41tt d-w ..isM !t~ h~"1~:\" .:in;,: pft>\.'1td~fill"; ~~u_n h.. ~ l:tH.kt ti' '.::-;1.'1,::: 1h~" \{(\-ng';l!i:;.. di"H.~(>i\HnlleJ .d ,,\1\)" {rf\i€.
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