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<br />83-fJ06313 <br /> <br />lend..'! ':, -c\ r~!.~:, dt::f(,;t,'nlCn1 Of .jprll~'-lhle I,IW. Borro....."'[ sIwH p.ay the nmount of :111 ll1ort~.lge in"Ur,lIh':c pn:rfUum" 1t1 the <br />tll<lJlIll;f pwvldl:d tillder p.an.lfJ aph 2 hereof. <br />Any amOllnL-; dishllf~l..tl hy Lender JHtf:->lli1nt to this par1\graph 7, wirh interest tht'reon. \haJl become additlonal <br />ilKl.l.:hl~Jf\l''>'~ {If Ht'lrr(H\'1:r -.cCHr.:J by lhi~ .Mon~a-ge. I !;Jle<i... B()rrfIWCr ;md l.cnder ;lgrec 10 other tcrm~ ()r pa,'menL SllCh <br />alnOtints ",hail h~' p;lvabk llpvn nOfice: from [_~ndcr In BorrowL'r rt't.jlle:'.ling'paymcnllhcreof. .and (;hnll hear interest from:the <br />..i<tk, (\t di...I1tlf<;erriCI11- at-the faW p~tY;lh1c from time h~ time nn (ltu'/(tanding principal under the Note uoles... payment-of <br />imert::st .it such ride. wotltd be :.:(~n{ran' 11.\ applicable law, in \\ hri..'h event -;;uch amounts shall 'hc&J:' interest at the big.hest' rate <br />rermis~ihlc lJrtdn appli<.:ab1c, law. N0thing contained 1H thi.. paragraph 7 shall require Lender In incur any cxpense:-or take <br />;1l1V action hereunder. <br />, 8. Impet'lion~ I .cndcr ma\' make ('r cause tn he madc--reus-onable cotrie<; upon and inspections of the_ Property. provided <br />lh:H l.ender ,hdU gr\'c 'BnrrOWt~t fJnficc pritlT ft) <In:-. 'iucn in"fICcli('1!1 .-,pccifying reasonable ('alt~ therefor rclated-to'-Umder's <br />H1{crco,;! in lhe Pro-perty. <br />9. ()md@-mna.t-w-n. The prnlccd-,;, nf ,HIli ;l\I,:;lrd ~J.r duim (('lr d;unaj!cs. direct nr cnnseqLlenliat. in -connection wlrh- any <br />,:nndemn,l!jofl or Dth(~f' 1.lkin? nr the- Pn'peny "'" part Ihcrecit- (tf fnr -(,:onvcyao(,'e In lieH of L'flOdemnation. ;.\rr hereby assigned <br />tnd ..hill; k paid to I.ender. <br />In the l:"-CrH ~1f ;: wt;..! l;;kin~! rlf thL Pr'-'\;.(~n\'" th.: pr",-'c-cd;;: ;:,haH he applied to lhe- <;\lms secured by thi...; Mortgage. <br />\\ith the 'I ;~n\' !'1,ild BtH-L'Fi'r- In (he ,'\,..?tH \~{ ~I partial taking \'f the Property, unless Borrower a-nd- Lender <br />dlh-cfWI"-C ;q~fC<: in \-"'ntln~. tht'ff' \h;,ll he ,l.l1plicd r,' In\.... <;\101" 'it.'-CI!l1.'..l hy thi-.. '\'{()flgagc I.;uch proportion of the proceeds <br />,'" 1'-'; I.;'\.iU;;;! I,'; !h:u NI-'por1i,:\n '., fF:'h lh~' ;dnourH .'f rne .;urn" ',c':'.\lri"d hv th;" Mnrtg:lgc immediately prior to the date -of <br />l:j~:IH~ hc,\l" In rh,' hur li'farke! ~.illte <'f th~' Pf\lr.:-rl\ immediatei\" priM:n rhe ~b.te of taking. \\ith the hal.:rm.:c of the proceeds <br />p;~jd Ii} Hnrrnwer. <br />if th(. Pr\!f1clt\' j, ,lh,lndnl~(:,.l h\, B"rrh\'N. .'f !f. ,dIn nNici.' hv render I,... R-MrPWCf that the condemnor offers to'make <br />>0 '-IW~I;'{t ;-'f :-cn{<..' :1 ..j~Hn; !(,-r R,~\rnn\il..'r r:lli.... rio' ;-,~'iPOlld tp I c:ndc-r ....-ilhin VI dav<; after the date such notice is <br />m::t: li:d , I cnd..::r i, ,..irhmili:d ,i) M'ld :IPP!\ dw rl'ncn."d~L aT 1 ('ndcr." ort1on, dther to restoration- or repair of'the <br />Prnpc-rt\' ,If ~\" !he .,am... ,<c\.:llft'd ..., ,hi.. \1<.H11'1l1!l' <br />t;n!..,:\ J ,,-Ildf'f ;Hl-d nr.fr._."A....~1 t'r!wn'l"-i.' <br />,'r f'th!p<!l~~- ;h.' due .t.il(" ,,1' :!!;.: rnon!hh <br />-~\li;h ill,>l.d!;n-tnh <br /> <br />in ,~riiin('. .w\' \th:h appli~,_'ili(1fl ~lf pnx:ced~ 1(" principal shall not extend <br />:derrcd II' 111 f!ara~faph", I ~lfld ? hereof- (.,r change the amount of <br /> <br />10. Bono,,",..'r 'Of Rdt'a~_ F\.f"!i-<";l'fl ,'I !he 1,fn..~ le'[' f1~!\fIH:P; nwditk:llion r,f ~lm(lrtjJ:lt!On of the ;;ulnl:, secured <br />r.v tht'; \-1ur"lg,\gc r:r~lnfl'd by 1_;2nd~:- :" ":Un' ',;;>..;,'''''1t'' ,.\ liHt'l,'\! ,,;' Bi.;;'l'In""'tT ,full not ('rcrat~ to fI..'leas.c. in any manner, <br />!ht:' !i.lh!!i!\ "r Hl\." ,'ne.nu! n'-1r;(~'~~f ",H.i H,Yf'W"l'r"" <,(~,-"''.'.,,,'f\ q~ intern! I ~.ndt.'r ...hal! nOI he requin:d tn ~ommence <br />;,rf'!,..-c~-djn;.:... -;i~:.h ~,k";-\.'"-';-';"-f Id~;,,,,,' 1,~ ,,-',-;,'1',1 ~:!l'\: ;", :..l..rn....!~! ,'I tllhrf\',bC !lh1dif\' :al1tlrTlzatinn of the slims <br />,,<:cUf'L'd h... \11'n~i1~(' h' ft':''','!] <'i ih lknund l\laj,;:- ;'\ 1'1<: ."rit:n"-lI Hnr.L1\\Cr .u)-c! B.:\!Tf)-wer's ~HC~~'S"(lt,, in interest. <br />fl. Fortw-artUlI.:e- b:,' l.--t'ttdrr "It il \\'ahN. \'h l.,r!-'>-(.'~l.t.Hk' i ,'fHkr i:l (".;(.'rChH)I! an\' ri~h! or f('medv hereunder. or <br />\'lherwl"'~: ,dLw(kd h\ .~fI>,,~j...,d";1r ", \-t"d~,:r P"-CdllCk lhe nt'f~J'l' ()t ~m\. .;;uch right or remedy. <br />1'1,,(' r\'"f;..~Ulj.-:m(T1f ,'1 !1''-lir.;n...-,,' 1 ;,:)ltkl ,j1.11l nOI be ;1 W;'iiVt'f of Lender's <br />l'ietH h' ;;..:;~'k~,\!c j!~,ll,'r,r\ <br /> <br />12_ Rf'nkdtt"'i Cunmi31h.~' c <br /> <br /> <br />in,.: _.:!PUPi1-, .,1J-.~ h<:_atLnl". <br />rHen~rel l"r def!".,' ,11:.: P~y, <br />,.... :"nfic('" f \~ <.::1~ <br />lk'lni.u..-~:r r;,'''-,-kd <br />lb.,.;. Pr,'r'.:-rn: .\dJf{~., <br />It;.! It',, n,'!~';",- <br />",Jet; ,Ah~! ;lJdr:.'\~ <br />\10::C:;:H:'~ <;h..dl ~~~" ,k".:'~,:,;J k' f-, ,', <br /> <br />;i'f'-c <br /> <br />',I <br />\1'H!;-';l~", <br /> <br />,.nd "lTnHi:J1iv\-' it' ~ln\- ,tiller right Of <br />\ \,dcp\:~1Ji:'nll ,- ,'f "1 \ccc\sivel~'. <br />J 1><.' ,\., ,',l;tnh 'ui _1~'lTment<; herein <br />.In,; ,i,,'\.i~n'-. ,'! ll:nd~r .ind Borrower. <br />At'! 1 ,,\\,,'f ,.h.l!l !l~' '\ \jn{ and <;("vcr;il. <br />,-,\)1\ in.! :1fL" lJ'.l! ,n he u<;l'd ~o <br /> <br />'nOl.',t\ 1,r~(kr rhi-, \1,_,;t;,~ <br />13. Stu..".c-....or.... :~nd \~.,ttt", flnund: lnitU ~U1d wll'ral 1 bhilih: (.:'Plion... <br /> <br />'--llnLilm~,i ,h-Jil hn _,nd <br /> <br />'."b,~" ,. <br /> <br />(,t'",-, ~'inn'- <br /> <br /> <br />lHot: ~~nd nr''' l!li:{"t:n ,,-,',en:;fj!' -j-; 'lfn'i(,; <br />rc;tt prt'i'"c:n\ rh,... \'.--.n,:-~,~"''-' ,':,;.Ii: f<>,,' :.;,'H"" <br />,,'vent lh~! any ....f;:'\~~"'_..,n ,., , \!;\~L:.l~\.' <br />nIne-I' pn:>\!'>.h.'ll,>- c'; :h:-i. '\ik\fl',;,t~'; "r 1 'h' ,\':~. '...h:. <br />en-J the rTl_,\j~I...~i\' d (1:1.: \h\ffi.!;ig.; HilJ :ilt: '..,'l" <br />t6.. Bt.lrro,"'t"r~" ('oP).. Bon,},;"';'! ~;~J;i b~ <br />('1 (''I\('Cwlr1H ('r .1ff~r rt....~I...rd"t\~'n hefef,1 <br />17. l>nuufn of tM Propt!'r1~: .'\~\-umptjufl. t, ;\;)", ;,_:rt "j t!1t: Pr-q:}t,-ny \If ~!n imere-'\f !heretn I... -,-,!d or lransferred <br />hy Botr(~\"\'r 'A11hl\;::t L,:nd(;'('.;, fHh\f lo,.ntt(':-; ,--;>:~,,:..'i,l ,- h,!i.;Jln~ i ,l the ~ !"('-Jli(,t1 ,A ;1 hen or em.:un1hn.l!l((: ,>uhtH'dm:He 1(\ <br />Ihl' ~oftg:.sge. ikt the .,:rC3tHltJ \'! ~'Lir;.h.n:--c !~i-."nq ,,';:WiH :n\(::f\:,,-I IN h":l<;ehold ,1pptl-<H1'~~. Ii.__} it tran"fcr hv dev;lc, <br />dest---ent <t.'lei hv !.\~r:tut.-,)I\ (~t lJ.\\ llpNl tnoC death <\1., !,.'i:'! ~dl~1l1i ,'f - j' ti...I: !Hn-t <t ,IJ'1rrril1 i llJfUfll if throcr 'J Tn llr lace <br />.. '1'1 '.;17 -j! Y' 1, 1-. l cntler Hl5)'_ ,;1 J.l.':~dcr 'I t'piiil-n. d-ediirc- un the f,.wm ..,'C.;.l!r('d hv IhlS \krtgajlc 10 be <br />anm<<halcly dae ;..nd p3.~C3bk_ I cmkr '.hAil hJ\~" \',;il\~'d ,th:h <ip~ron w ~~c\:deratc if. prior II) the ',1k. \'f transfer, Lender <br />and the per-son t('1 wh0-m the Prnp.erty i~ 1>:1 ~-: w,ht ,,'l' ll'an"\icrr,~d fl?ach agreemen~ HI w'nnng: th.u thY: credIt "f \uch person <br />IS. siol-hsfat:rory I(\ i ~rll.ier .md thai ,he in!('rt:'~t r.!\,i;t"dc ~\n the ";:~;li<o >;.e-elled h~' l:hi" Mortga~-( "hail b~ Jl ~u;.;h rart ..0; Lender <br />shaH reque:sL If tender has W:l:\'e.d ~he ()PH('H h~ .:l~-c-der~H{" rrfJ\dJcd in this paragraph 17_ ~md it R\lrrnu'er\ '1licce:-<.sor in <br />il\ICteJ.I has. cxeC'ute-.d a written a&~umr"W)n af!rc~ment a-cl...~eptcd in ;~ ri(w-~ hy f coder. l.ender ..hall t'de3.~ RorroWt"f from an <br />obliganons umkr this. Mort~aJle and !h~ NNc. <br />H L-tnder exefd~ "I.uch uf'Hon fI,) a,;:.::-eh:r;w:. l.~ndt:r "h.d! m,llt Fklrr(1~'<\:t nol1~": "f' .'I>'::I.:dt~rJtion m ,h..'<.:ordance with <br />pa:rag.reph i4 h-e,f'tD( Such n~)tiC'~ shaU pro-v.de ;1 r>:r~('d ,:-11 n~'~ it''''_, !h~lll 30 .ia\',- ffl"m t;H': dale the nod.:..' i... nUlled within <br />wtuch Bormwer may pay the ...urn.... de(+<~red au,,". Ii R'>HrO'A~r fJ-/I.., If' pal' "i!Cn -,~lm" rni'( t" the- npiraliNl .,j' '\ilCh pef/od, <br />Lender may, without further fl()tlce o-r dcmfind t>H lk.'-rro\l,.~,- ;r1\i~'J...~ <-ill\ rt"rncdii.'s perm.ocd by paragraph I ~ hereof. <br /> <br /> <br />I) ;oIk'~~H'f nnnnt."r (;t! 110uce to <br />cjJit'd 1"\1,111 "jdl~'-.",'d t.-, ,orrower at <br />;" I ~'~\dl'r ~"pr~j\ hkd herein. and <br />,dda.".... ~[,I!~.d !It.'ft.'in nr to <br />","11~-~' flc'Ytded tor ,n thi" <br />,\ fH'n 1"'-\';, 1'1 (1;(' rn;Jiln<i,', dt'"i~!nt~d h.'rein <br />"\J)11hlnt~.. ,1l1:jfiHm ;-,- \("n~Ip.I" fiH' n:itiorlal <br /> <br />:;1 "",' <br /> <br />,.:f' <br /> <br />'i;!n,'nn ')e....li,;l\ Il,,,I(UiHl.'rH -lol.'cring <br />"1 <\hidl [h.' P-rnrwrty 1'- j,lf,::lted. in the <br />;,-1\,,"'. "u,:h' ~{\n!1!~~! _"hall no! affect <br />_. (1Dtl;,-,nnl' prn\ i..j.ln ~lnd to this <br /> <br />,;,'...~j,-d'cd 1 -, <br /> <br />"-,,t,.r;ihk <br /> <br />.n,;'.! <br /> <br />,'!If. <br /> <br />(p~nl <br /> <br />i'/,\ of lhe 'Ole <br /> <br />Hld Pt <br /> <br />\h"rrr~agC' ~!t the time <br /> <br />L <br /> <br />Nf>>i-llS:fR>>lM CQVF.NAN1K Borrower ~H\.d i.t::nder tunh~r !,:,{ivcnam ;jl1J it~re-c a~ f-t1l!OW$: <br />II. A~ RflMttitI:~ EXffpt h provided in p.lltllluph .7 hf'reot, upon Botrower!s- b<<"9:dt of an)' ('ov~aaAt or <br />......... of _.Ilon'uwfl" in this l\Jun&1lP'", iH.I-aclina the t'o\o"efUlnb 10 pa) whf'tt due an~. 'nUns secured b~' lbb ~loJ1lale, <br />~ prior. Ie. .............. .MII mil _ 10 a.........~r .... p",oidtd in p._noplt 14 b.....f 'p"<ih-l...: I n lbe bmu:b; <br />(1) tlw IICIMIo """""" ..._ .""111 "'-hllJj . date. ....t '- lbaa Jll daY" from lb. date lb. "",k. is moile<l 10 a......."...,. <br />.., wWtII....... "-111 _ be ,..red> ..... (41Ilt.. f:ollurr 10 '''''' ....10 Im..b on ... beforr lbe d.... 'p"rllietl in 110" ....Iire <br />__ R'fiIII1 ill ""i__ of I.... ..._ ...._ b)' Ibill .\1__. f..."",..."", by jodirla1 pro...,Une and <ale of lb. p""",riy. <br />Tlle..........flI.ntlorrlllf_............ of I.... riCbt ,,, "'.Iot. .fRr .....Ic..."'" ...d lb. ril;hl ... .....,ri I.. tbe fon.d'Mw" <br />~ lW.........____ of . drf1IUIl Of ..y ........ def_ of 110.......... to .c,_"'" ami fo..d'....... If lbe b.....h <br />'" ........ _ .........,..... '1M dala .....iiit<! t.. lbe ,,_.. 1,_, .. bnda.', <lptlon mar d..-la.. 01. of ,.... .ums _d by <br />_ ~........ to 1M ~..,. """ ..... pay..w. ..ithoof fnnbe. _ ..... ..... f,,<<<_ Iw jndk'ial p"",.odIIrt- Lender <br />......IM......... "" ......f iIo .....10 ............lIli .._ ,,' '''....1_.. i..dUll'fntr. but ....t __"" h.. <_ '" d...u......tary <br />.............~_tiffl,....pmto. <br />..~ ~ -R~ fa R~f.. ~;;'1!.t,*tth$..t~Hidmg L~nder'~ ,!\_"t::-htf:tuon "f !he '_!lm" !'i~i.-\J:n:.'l h\~ Hl!';. \1pn~;H!l' <br />~~::<~J'~'!".i -<;P:i!H ~'Hn'~ t~ J':!.gttf iu k::;.\'~ -:}1!~ procl:.'ediop f'..o::!!vn b;. t 01tk.. 11' f.n1,-',,:;:: Hw.. :\h,ngilj.;\'.' dj,,'-,H~llm~('d ~.! ~,'}\' I,nl,' <br />