|
<br />r
<br />
<br />83- iJ05622
<br />
<br />Lender's writien agreement or applicable law. Borrower. shall. pay the amount of all monga!!" lnsuomce PremlUI1lll in tbe
<br />manner pro\'ided under paragraph 2 benJo[,
<br />Any amounts disllImed..by Lender pu...uant to thill paragraph 7, with interest thereon. shaU bec:orm!.a4diti<lJ:lal
<br />indebtedne$s of Borrow.... seeuml bytbis Monga!!", Unless Borrower and tender agree. to otber;temsot.paymel\tj'SIl!llI"
<br />al\19WtlS llhallbe payable uponnorice from Lender klllinroWer requestingpaymenHhereof, andahaU beaJ'~.~tl)e
<br />d!lle ofms~at tberate payable- from time to time on o.utstll11ding.principal ullder..theNl\leunless;.~iDf'
<br />intereot.ataucll rale would beeontnuy to applicable.law, in which evem SlJ<;!UlIDounlS slWIboe ~t,.at.tbeJll"',~,
<br />:;n==icab1e law. NOthing contained in this par!1gl1lph 7 shall require I.ender,toincurfY~~D'rtakC
<br />
<br />8. ~ Lender may make or cauoe to be made nla_ableenlriet upon andjll$peCtiOnsafthe~,~
<br />that Lender shall give Borrower notice prior 10 any such impeetion specityingreasoDllblol;a~ therefor,rclaleltilO;E;~'a
<br />in1lercst in the Property. . .... ," '<.
<br />9. C.....'II ..' The pr<JC<'leds of any awaro or ~Iaim f(lt' damages., dinlct or cOIlSeCluentlal, in~j"'~~.
<br />rottdemnation Or other taking of.he Pmperty; or part thereof. or for conveya.-.in lieu of~~heieby:~'
<br />and ,hall 1>0 paid ta Lender. . .............>>
<br />I" the event of a total taking of the Pmperty. the pl'Ol:eClls shall be applied kl. the sums _.ttfldA'YJhjs~
<br />with the ",,,,,,.... if any. paid ,a Bom'Wl>r, In ,he event of a partial lllking of the Property. unless.~..art4;.~ '
<br />othent<ioe .,ree in writing. then-: ,hall be applicd to the .ums secun:d by Ihis Mongqesucl1 pi'opclrtioftoMbe.pi'oceedI.
<br />as i. _I to .t-..t propotti<>n whieh .Ile .mount of the gums S<<Ured by this MOJ1ga!!". immediately-priOrlO/llIe,datll;,.Qf
<br />tal<i", """'" to tn" fair matIcet vahle af the Property immediately.prior 10 IIle dale of taking. with tlttbltfam:e ofthe,~
<br />paid !a Borrower.
<br />If the J>ropoonv i. abandoned hy Bo.....ower. or if. .ft"" _lee hy tender !o Borrower that tbeccondetmlor ofl'erll-ll:>c1Dlli:6
<br />an award M _'" a claim for dama!!"s. Bormwer fails to nrapond to lemkr wilmn 30 daJSatte:r the,dalelUCh 1Il)tke i$
<br />maIled. Lender " iWthorittd '" collect and apply the proceeds. at Lender', option. either to restonotion.OI' tfIplIlr of. tile
<br />Propeny or !o .he .u.... ......n:d hY thi!< MOrlp",.
<br />Unleb Lender >nd ~r otherw'l... af""" m ",.ritm~. an. .och appiiea!i<m of proceeds !oprincipal sbaUnot extend
<br />oOf pt'Mfpone r~ dot: daf~ of the monthly imtallments r~f'('rred to in parag.raph~ t and 2 hereof or chanp ~"- \t-J\\ount pf
<br />\uch mlt..Ufnenl~
<br />Ut 1IonoW'ff Not ReIeeed. F xleni-wn .;)f th€ orne [;.)T pa-~"me:nt or mooification of amortization_ of the sums secu-rcd
<br />t'lv thf~ M\''JnJage granted h'\' I entler H~ an\' <;'U{,;''M..~_>r in i!1tcrrst (..f Borrower finaU nN operate tCl re1ease~ in any manner.
<br />the flab-tlif), i'f the ;.rirma! 8orrftw~r lind 8~_\rrower'.. \\I'..".('tuOr'i in interest Lend~r ~han nut be required to- cornrntmCe
<br />proccxdinits ~i..Hn'Sof ~~1Ch ~~~ pr f!:fH~ h'" c"(!('nd ! It'M' (-(1r r>t\'rne"~ "f mherwl~C' modify amortization of the sums
<br />~U~ h-or fhi\ M{~",. hv ~\On Hf all~' demand made b,:' the or1'lf'lai Rofr0\fo"ef and Borrower's- ~ltcccuon in interesl.
<br />,t. p~ by JARCIlrr Npt. Wwivn. ,"In f(',rhf:.r.nCC' h\' I coder in \~'ercI5tnJ any right or remedy hereunder. or
<br />'.....Inc-rw1-!oe -lIifortkd ,,~' apphc-ahk: 1;4:"'. ;h.::tH n(H he ,"i WiUVcr ;:'ti ;\-! Ncdude the c.'\crcise of an\' such right or remedy,
<br />The- p-rocufc:ment j')f' in.ufance or- tM r--:,,'nncnt of ;~\,'" f"r other h("n~ N -.;haql~ h\' Lender ,hail not be 1~ waive-r of Lender's-
<br />nabt Ii.l ac,--einuc- the: marl..lnty .'( the :niJebted:ot''\'I; '>.c-.;ufltd k ~hl'\ \h'rrJ:~Y'f:'
<br />t2.. ReatecMet e........... ,\n rf'_m-t'd~e," NP'.ld("d ,,', ,hi", \f;:~ngili!t.' .BY' diqm;t .md ,,;umuiative 1(\ any Nher riJhf or
<br />:rmc.l," l.ndc1 ftH\ M()rtg..~~ m ~ff,'rdt-d h..- 1;}.... ,'! \'q~ijn :;od mit\ h<- {"e-(\.-:'q~;J ,-itf'K\-Jfrt'fttt,., Imk~ndentlv or succcuivcly.
<br />13. Su<.- ....t"..... IIotmd: lola! ....t s....... I iablJln: Captioo& !lle ,<wenln" and .,re."""tll' herein
<br />,:OfUaH\.t'l,f ih..U h~nd_ ;j,nd the n~t'lt\ hereunder ...~.H t!llH{' fn !",C rnrllt'...:~!'\,'C ....t;-;:i.:(",\'-l)~ and .:\'1I-ns iA Lc:ndeT and Borrower.
<br />q~h!<,-,t h' !he rrp,\.t\-j()fh .-,( ;'Ma~r~r'lh ; - \~cr~d ~\:j ,"\~'d;'ft.lnn ;).u.! :;;gft't"mCn!'t ,1f Borfi~we-r ~h;tH be joint and several.
<br />f'hc -;.'-.'iplk'ltl~ and hc-&dm.~ pf lht- pa-rafLit'1;'i. ,,! ;1\i'\ \-L'r1if:.ti::\:" ;He t>~ "lfl:'\itruc-nn: nMl\ ,HlJ ;ire not to he u~d to
<br />.rHef'nrf't \--r defiM' the Pf~'\VtUiltl'\ h~rn~f
<br />]4. S~~ Ex..::-e:pt h~ iln\ tk~J"e n::4>,llfn1 ~Jih.kt J:p-t'lh\:<.lhk b"" h' N- !l,vrn ;n ,Hwthtr man~f- la:J any notice to
<br />Bonowrr f'r-L'l\-:1df:"d for Hi tt.j", \k~n~-il~ ,-nail 1'-< *~V(".~ h, m~,hng "-,,~,,,-n '~c~ll,--t' r,,, ,--~'r~lfied m<.d .i-ddre~sed to Borrower At
<br />J;hc flropc--!'1v -"ddrc"". <if ;d "-uch i~ht-r :~ddr~'\ ,n Ri..r-rnu..:r 'n~\. de'\~,niltt" l:'-\ fl\.11ic<- Hl Lender- 31 provided herein. and
<br />!hi ;;to) nt)!l:h;(' !~'1. L~~.t~f ~h..Jn t~ ~,~t'n t>'!- ",>:'sf,tic-d ;~~,Hl -'("1mr: I <;",:-e'r'1 "i;"qt.'c-\.tc-do to' i ~nd-et'" addre~' ~natt'd herein (\f to
<br />><;Hch ,::;r~f .'#oote',,,, ,u Lender nt'-l\ Jt:'\.f~n3.u t-.. !V~,,-t.~ Il,-'n."..'l':~ ,,1\ f\n:'H,-de-J ~r:'tt"fn \nv !hltlc-e f'ro,,'itkd for in this
<br />Mt~n.t:;J:,-c- 'ih).!l he \kc-m~d a" h.;:'i-t' ~n ~,H'n I("- k~'lrtu"'~, I ::,,'.irr ,>;- 'H~" ~.\'cn In the manner ,ies_,na-tod here-in
<br />15, t 'atfonn \'tOl'tprp: (;ou'nliuc I..w: Scr-'lirntbllth. p,. ;,1('n.aee- CNJwinel uniform c('vcnanlS for natifln:.\i
<br />,jll.(' ~nJ (j-{ltl l~ruf{\m' U1'~-n.nl" '~nth iimite'd \an,1;f,,,-"ni. h'l; ,,![-'<,.,!...;.'.',n, t,' ~';\n~tl!n:~ a 1111!torm ~untv lnMrumenr (,we-nng
<br />~.aj pn~.rt'l rh~ \t.-)ft~a:e ~h~il ~ g-\~"it~t~d h'l, t~t:' -he -,\".<h~t:f..:m Ffl ",.htch the Pro~rty iilj 1<X'1tted In the
<br />I;"VelU ;h~l ;;i;t";\' pf'~"JS,ll.)n ll'f ,;,'hw"oC ,~! rh;." \tlV'iii',j~\' " ''''i;~ '.,'l~- ~ "\1\,,;, ,-\.Hh .ipplH.",thlr Lt~ "~h:h ;.::{'oflic! "half ON aflcet
<br />~.tbe,r r"rn"'l~)(tft\ vd' !t-H~ ;\4{,-nga#-c ,'I !..~ ....~.l~. ~.hH?'; ':'1~ ""~ .: ,<-'!~ .:!tC-Lt ,,,nh<"tl~ the "Int)!;.__tmjl r'ro""<;.Jon, ;wd tf~ this
<br />rod lht' P.h'Vl.\.loni '-'f t~ \t(~rtga.tc ,m.J ~ht' ".te- <,;(' Jc,,;.l!n1 ''< ",J:\(':ra"-k
<br />I.. 1lort1J...,', ('up,. &\fH"\'\'Cf -..r-u!l !n:-~'\<~'1t',1 ,'n~i.';!~,-=-d. .'f''\ ,.\t !':t~ '\'h~ .tlh~ ;\! ,hi.. '-fortgaK~ ~11 !he time
<br />,~!' t"'e~ut){'Hl ,~r ~itd r-t,"(\.\fdattorl r,cf('('d
<br />t7. T.....,~-nfthf Prepatt: ,:\..mp.don.!' ," .1"\ '; ih-i;' Pf,~pt:'r~'\ .\11 ~rH~rt..-.t l~iC'r('ln 1-; "",Ill nr rran,ferred
<br />h,:, fk')fft)wer iqtt\(l-Uf I_~n.:kr'~ t.'rIHf \t; fl~t-c<-l _;'ll'\',,'r.'~ ,''-~ h;Jll'ill: ,~w . n"',Hil"fl ,.f ~,...~n .\~ t:fh':llrnhnul\.'c \\lhordm,ltc h't
<br />fh~" Mt.'")u.., fP.1 iTle d(,<3Ht\n -lIt' .f t'un,h.l\t: m..~\1(,\ ~._,...l..lnl\' :l;..'ft<,,' ""tl~h'-'ld ,"pphMh:(.'-' !~'1 ., Iran,h'r hv Jevi'Sc.
<br />...tq: ~~t \.If hv \'f~fi.\tfi.m ;,-t !;I!'o\, UPoClf) tht death "t ,I "',(;1 :C,Unt :'1 'p J ~ " , ;.. 11 nunl'f I~ru .' _if f hit F~'
<br />; l.... .. . r J I . r ... i \:'n\k-r m.J,\ J; I 'i.':~det-" .'ptlt.('I JC,--!.HC' "t:I !h~ "-urn\: \t';,__ned h thIS \'1ort1!:age to ~('
<br />, H'nrneUtAtety due. arK! Jla.Yllbie_ l {:ndt'r '-hi.tl1 h..~__\t.~ .....,)'\c\l ...,;..-!" .'1't;,'l1 ,h:___-def-lt(' if print 1,\ the ...de l~{ lran,.f~r: Lender
<br />.;;,ncl tr~ p<:.tii.~'i'i ~fl ~.-h~ lhe P'r-~~~' ~'. '''.' ~ ....."!t' c~t ~':!t~~~'trr!;'<J ,'_';L;' .-'E:n'('m.-nt H1 .'HlHtlp: th:lI Ihe i.'n~dlr \.[ 'lh:h pcrsC\n
<br />l~ J.tjsf~ttiJr" !.1 Lender ..u'lQ !h.:J,1 :fw ttHer(:',,1 p.l\'~!:'k ,'n ~1;-c ~U-:-'l\ ~~t.l.~ed f.\ (r'f\, \ff';tg~i.~e ,h:.ti! ho(' i.lt ~t!...:h r;tte ;,:"- Lender
<br />'thai! requcsc U t coder h-b 'A!<lI~W the ,_~pttt'f;- ;:~., .!lc-;;ekrate- ;:rrm ;.;kd .. rh,,, p..~f:t~r;lrh 1"" :wd j~ B,'rrower\ \IKC!:',''i-Or m
<br />iOtC're!t hu t':,'tccufed a .HUlen a~\tmpt~--m agf~nt ,J,....".:-f!~cd 1'1 -.. n,U!jl: (tv I ~ntkr. I :co.ler ,_hat! r-dea'l-C' Bnrrnwn i rom :dl
<br />''''',gal'''''' urnkr 'hll MonllllJlt' o.nd 'k :-;ott
<br />If Lender e:t:e-r~ li.-K:h Optl1--m It-' ~~-ekr-illt. ! ;-:;Hkf ..~"t!i m~li. R,,'1.rn:'\\t'.f notlCl' ,,~ ~h_...-elc!'atH~n 'p .h:~'ordani,-e ~--llh
<br />pafalf'aph i-i he-J'a){ Suci't nO(Ke ~ftaH p~-~"'''tde ,) pefllx' <'f n,", h...",... d;~n ;0 ,bv-. ~rnm rhe d.ne the n.__,ti~e 1\ mailed '.\'lthm
<br />..d'l~h ~~r f1:1JV pa)" the ..u~ dee-bred du~ It BpnT!"At'r TiPi.. ,..--.. p.t\' ~i:.:h '~;;mJ rrh'r !(' lht~ ("\;p!l'"iHl(m ,,{ '-llch ~n<l{1.
<br />I ~ rn.". WJl",-'tUl further t\o,~1{,(, t.'H 'kmand p~ BN!l.""wer '!1\'n~t' ,if;'. ;Tml:'Xllc!tt pcrm:tted h. ;~ar~graf'th f S hereof
<br />
<br />
<br />N(J!(~lJN'lFOa-M CCWl'NAS1S Bou\"W'er anU 1 cod-c-r turther (,>\en.inl dnti ~1~r<< a~ 1i.,it(lW'
<br />II. ,,~................. F.s.. _ _.... i.. _f1lIJh t7 iM'r..,{. upon 1Iurm.....' b"",,b of .ny ..........! ....
<br />..-- 01 ............ .. tllis ...........,. ............. !M (''''._ It, ...., ,.he.. d.... an> ,..'"' ",.ured by .h.. M"....lItl..
<br />1_ """" to _I liulo..... _ -., ... ........... .. pn,._ in _..pit 14 MROf 'l'Kifyl"ll:: ill Ih. breacb;
<br />tIU_..................1II e_.... ~ ill...... _ '""" ,...... 3!1 <tan frum .he dat. .he _... .. mailt'd to Bono.....
<br />toy ......... - ....... _ ... ....... ....t .4' _ 1_... .0 ...... """It ........... .... Of bet..", .... date .~ in tbe noll<<
<br />-,. ........ .. _.....eiooa 01 .... _ _""" by tllis'\,~, I..............., by juclkQol p.........ll... ..... .... <>I I"" p""""rty.
<br />n......... .... ....... 1tII_ ......._ '" I'" ril'" '" _ alltr accdenotiutY and !.... ...b. ... _rt i.. !M '"...d.....'''
<br />............. doe ___ '" a........ -t....... ~ '" ..........., t.. ....dc_lott ....t ,........""'_. If I.... _b
<br />.. - ..... - ... ....... ..... .... ___ Iu !... ...,;""'. I.,...... at Ifltder'. ope,,", """. dfflat-c all "" 1M ._ "K1Jftd b.
<br />lWt ~ ... ... ~t .... and paS'" ....._ f_1M< --.. and _. fo,...."'" ... judklal pn><...m...' 1.<"tIdff
<br />..... lie .......... to ......,. ltt ... ,..~ aD ......_ <>I t..........,... ,~. ..... ..... Ilmlcctl ro. <_ ..f """.._..I...,
<br />............. ........... .. ......
<br />.... ................... ........., !\iNw~tt\hlHjlft.! c.nder<" ~ii;~',;('.icHl.flnh {11' tht' ,Hm~ ....:.:we---ll h.. t!H~ ~,jnn;;<'t.gc
<br />tklf~' ~..P h-.,,~ fhe r.,b.t w, h.ol~ ~.fl~' !H'~X~m~" ~'le,~U.fi to.v {i:'nUef h~< t-n1r:<t'\-'>t trot;' \f;;:'nJ.!"~(,- dr;,\:otthnucu 41 ;,H':\- (,me
<br />
|