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<br />B3__ '006327
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<br />I etHI...'/", "q:;...-.i ;lgfc\.'mCOI or ;~ppli..;IOlc law. Hnrrmvcr shull pay. the nmotlnt of alllllflrtgag:c in<;ur.mcc prcnulIOlIi ill "the
<br />Hlanner pnwidl.:d l.U1UCf paragraph 2 hereof.
<br />Any amonn:l.~ disr>llrst'd fly Lenlicr -pU-fSIJHnt to Ihis paragraph 7. with intere~t thereon, ..hall become - 34ditional
<br />If'/dcl.Hcdn~~\ {l!, B~'rrowl:'r -~-t:ttred h\ lhi~ MOf/!!age.. 1 'nJe<;s Borrower <Inti I.ender agree -to other terms of payment. such
<br />an1onnt!\"shaILh,,-' rav;lbh.~ upon notice from Llmder w Borrower rcque..ring payment thereof. and s.hall bear imereSot from ,the
<br />date of dhhmsement a.cthe r~lfC_ paynhtc from time to lime 011 mU'Sfanding principal under the Note unles.s payment of
<br />inte-rcst a( ~i"lK:h rute. would he contrary H) applicable l:tw. ill which -event l:illch amounts shaH hear interest at the highest rate
<br />permissible un&..'r applicable-law, Nothing contained in this paragraph 1 shall require Lender to incur any expense or-t~e
<br />anv action hereunder.
<br />. 8., - Jn~tjon. l..coder may m:ike or cause to he made reasonahle cntrie" upon Hod 'in~pectiom of the Property. provided
<br />that Lender !<.h.lll-~ive Borrower tlCirice prior lo any 'i'tH.:n impcction ~pccifying reasonable cau~ therefor related to- Lender's
<br />intcfe'\f-In the Property.
<br />9. Citmrernnaticm. The pn"cccd~ of any aw.ud Uf claim for damages, direct or con~equcntial. in connection wilh any
<br />.:nndcmnation Of other t"kin-~ of the Property, .lr part thereof, Of for conveyance in lieu of condemnation. are herehy assigned
<br />;mlf ..haH he- paid fn l_-ender.
<br />In the t.'vent of .1 rotal takin!!- of the Property. fhe prn<.:ccds ..,hall he applic-d to. the c,urns secured by this Mortgage.
<br />\\ ith lhe l'\C'~"", II' ;tlrl,-'_ r,lid fl' Rnnpwcr_ In the ':Vent lit :l p:lrtit\! t<-lking'i.'1" the PrOp1:fry. ~m)ess ,Borrower and-' Lender
<br />dth\"'rwi"-'.,' agree in wrifinf!' there' "h:dl he applied 10 lhe ,U01S "ccured hy rhi'\: Mortgage <\uch proportion 'of the proceeds.
<br />,t; '<' ':-qu,rl {n 11-1;" prpp('1r!!<:'H '~'hil.h the nnh'1(JN ;If :he ...um'> o;.ccurcd h-y th;" ~f(lrtgagc immediarely prior tl) the da1e_- of
<br />r;-lking hc~u." in :ht' fair market l.-alHl!' 1.11 the- Pn"\pC'r1\ inl!l1Cdi:llelv prinr u-, the date of U\king, v,,-ith the balance-of the -proceeds
<br />raid fH Iklrw-wer
<br />ff the Prope-rty i.. A~and(\n~',j hv Bi.lrr(l\V~r. \.r if. Atef o0!icc hy LL~nder 10 Borrower that the condemnor offers to make-
<br />:lll award nf ".calc " daim fnr {brn[J~c<;", Borrm-~:cc LId.., It. rrsIX1lld '(' Lender \\'ilhin .W days after the date such notice is
<br />mailed. Lender I;; .J.\lth(1ri7~d to ,~..llccl and applv Ihe rn.cr~ds, at Lender',; option. either ~o restoration Of repair of the
<br />Profk'rt\- flf In lhi> "om... 'J.:-..:urtd h~ :hi", \1nn!.:'.:t!!e
<br />Ullk..., I t'IH.ier- .ind Borr,.\.\:er (,thenq..,.' :lgrcl' in \,,-ritirl!!. ;lny o.uch :iprh~.itil)n of prflceeds to principal-shall nor extend
<br />\)r fl'i-htp\)l\l... rh.... Juc dale- of th,-' monlhl\' insf.d!mc-nts ft'il'ff(:d 10 in rilfagrarh.... ! and 2. hereof or change the amount of
<br />"ollch in!i:laliment<;,
<br />10. Borrow..-r ;"'-\01 Rt'lea!ied, EXlcosion pf the llmc 1(.( pavmcnI or rrwd'ifi-cltiofl of amo-rriZ3tlOn of the :-;tlms secured
<br />hy thi, M(litgag-c gfi.1nl(~d i-1y I.emler t~l any "ucces.;,;,! in inH.'n.:"'1 ~.lf B,'rrower <,h_all 001 {'Iperarc to release. in any manner,
<br />the liahility l,f the l'rigin,1! Rono\\'cr ~lnd Borrf'\w~r., s-n.....:c:;...or, in intcre~l f J,'oJer ~.hall 1101 he required tn commence
<br />procccJing'\ a~ilm\t ';nch ",h:CCS$(~r PC rt~fuse W i.''\lend i:n1l' t\'f j\;n-'mCnf ~., l)lherwisc fD()dify amortization tlf fhe sums
<br /><,cc-t:rcd hv rhi.. Mili1~a.l;!~ h\- fcasnn {,f _In\' dcmand made b\ Ihe ('r!\>inal Rnrrnwer and H0rrowcr's :',Ilcces.-~ors in Interest.
<br />11. .Forbt'arane~~ i;". Lender ~Uf a \\'~i\'i.'r. '\n\' inrhear;uh.'\? t->\'l,t'nd('> in c\crci<;.in,-! Zit1\' rii!hl or remedy hereunder. or
<br />.Hhc-rwi\c ,dTnrdcd hy a~prli;:,lhk law ~h.~jJ ;1;1( 1'-\' d Waiq'f \11 "f preclude rhe cWf~i:\c (If :\nv such right or remedy.
<br />The- prOCllfl'm~nt or insuram:!.' Ilf lh!.' r,i\H1Z'nf IIi' L,\\.'" l'f "dh'r !It'n, ,lr ~'haq.!l'''' hv f \"'nder <;!Lt!l no! he a waiver (If I,ender's
<br />rrchT ill .1\....-ekrah' the.,' nntnrit\ II: frll' :n~j,.:h~Ldn{'"'' ,,';..:[. ,'d h' \hi... \1c,nC,Il,e
<br />. 12. RenlC"di~ {"umul:alh-'\', \11 rL'nh'd!c~ rh1.,;Jed ~,l !h:___ 'L1ftg;!,;,,;l~ :If\.' ,!l'<_!in'::l Jnt! ~:lllnulathl' to al!\' Pfhcf right or
<br />remedy uliJ.:r rhi" MI.'-rti.::.lg>: t,l ,ltff-,rd"d t \~ hw ,---1' ",ll;lt\ '1111 111,1\ 1-1", ,.\l:r....i,,~,~II..,';H:urr\.~I1II'.- Illdcp,,'ndenily nr slIccccssivelv.
<br />13. Sn-rccs.,un. and --\1l.~~n., BHlJlld: Joint and St" i.'ral Jj:lbilih: Caruioll\-. rhe c' 1\ ~'n3nh ;.\nd :igrl'Cmcnt<:; herein
<br />'h"omaincd "hall hind, ,~nd thl' ,ir.hh bU~'dlHjcr \l:dJl inll;l' h" the r;,...p;:'d!\\' :>-lh.:..,_'......lIf... iind ,Is...lj!n;:;. ,>I I cnder ~\rld Borrower,
<br />"ubject h' ~lH: rfp\hi,m<; f1t r;lr.l~rJflh ~- h-eJt:~\: \~; ~-Y.i'tunh .Ind ,,{ BOrr,l\h'r \h.IU be inim ilnd s.c\'ernL
<br />Thc_ ..:apti,,'n\ ;mJ heading... ,"It IDe i';H,I~f:Jrh" ,,~ ';'1<; \ltlni!;l~\." ;\~-(- "','[l\Loien'-..t' ,'nh ;!nd ;\fC 11('1 10 he llsed to
<br />lfilerpret or defme th,-~ Pf\" !"lc~;b ben_., 'f
<br />14. .....otke. F.\;\,:CrH fl" an\ rh~!ld. :T~l:!:" d un,kr .,,~;,hi.-.ihj~. Lh :_\ b,,' 'fl ;tn,~lhcr mann.::r. ,\tl Il\-' nmice to
<br />BlH'fPwer pn1vil.kd [,'If ,n !!l,", \1~\!!\Z;!;!C .n;!H \1\ :n<ldin:..: "u~!~ ;l,"lti..C ,~rtdll'd nUll .l(ldr1.'~)lZ'd to Borrower :It
<br />the Property A.ddn'.,<; .'f ....(l(-h l'th:.'~ ."fdre..'> ,~ H"l ~-;,\,~', ck-';,~f':if~' h\ ,lillK(' 1,1 I cndCi ,l'i pr(widcd herein, .lnd
<br />(h) :IllY nO[l:';\.~ 111 t,l.~ntkr \h:iH ~. ~:\,-'n t'\ ~cr!~t~cd '~j ,-; ,;!,,'. :~.\.pi>lcd. [I' I e!,\kr" ;!ddrc~'i sfated herein (lr to
<br />..uen other ~\ddr-C'<;... ,l\ ! t.'~d...~f P1:1\ ik,,!!.!r,;l(t h\ '1.,I;"C ; 1 B, IdCe1 ht.'rl.."Jl1 '\m lll.'11ict: J1f(yvided for in this
<br />~1f\rtgag\." shaH he decmnl I'Ll"\.' "":\..'P ~i'<cn to Hi\n','.~\.~r ,or I i.:mh'r gi\t'n in the manner de<;,.ignakd herein.
<br />IS. ()nifnnn ,to"J:~C'; G~t\t'",in~ l,a",; SeH'rahiJit~, 1 \1;... "'r;ll ,;! tlhl!'ft!3.!!:':: "omhine<; tlnifnrn1 C0wnant<.; fnr national
<br />Hse an-J n-i.'lO-t!niform c\'v{'rHH1!'; ~.,-ilh lmllt<.'d \ ,,[;,It!nJ'h f'\' .:'li->,1:;u,.n f;j -...(1;1)1;;';1\..' ;\ uniform ,,,e..:tlritv instrun1cm covering
<br />real propcH\' ll1i" ~-h'lrl~,lf-C ~11;ln be !!~'\t..'!n;.'J [IV !ht,' Ll\~ ,,( lht' i:,n"dt,-~Ik;n in \l.:hkn the Prol'~crt\. I' located, In the
<br />~ve-nl th:.n J.n~' rm.~vis!~)n (~r ,:L.-nh~ \'f J!-'h .\ton:-:,lg-r.' ,'1' rile ";1;(' d'iHl1<,::h 'llth :_I!:-orhcahle bw. :<;u~h cl..)rHlitt shall not affect
<br />other pnWI"ff"O-. ,~f !lH'~ \h)-il~af:'" \If th.. '\i''>h' Wt--tlL h C\B r.~' :_'1\'':0 elk,:! ',\. lihi'lH rh-r: <.'(Hlr1kting pr{\\,j~jon, and !C this.
<br />end 'fhe provi-s.i...tn'l t~f !he ~'l('ft~a~t' ,md lh,~ 'd<: .Ire ,:~~-LH,,;d t,. ~ ~":','~raHe
<br />16~ Bo-ml"'t'r-'-~ C-op~-, BOrrl)',~er "h;,~li h' {IlD1i-.h-ctl :t ,,~mr,'rmcd "npy t,i j.hc l\;oft' :tnd of lh!." ~fortgagc at the time
<br />,)1 execution l'lr ither rccord,Hi{"In hcrt:'of.
<br />17. Traasf.r of tbt- Propert,,~ Assumption. If ilU ,.If ~ln\ tun nf !he- Prl)pc-ny (\r :m tnlert:'<l;l therein i" ""Id or !ran.sferrcd
<br />hy Borrower wilht.'tlt Lt'tldt'r's prit'r Wflncn ('tHlWiH_ (.'\duding (.Ii the ,,'reaUf'iH 01' a lit:'n or eocumhrancc subordinate h"l
<br />this Mortgage, ih} the \..'fe-allon d' J rUfr..has(' Ohme}' ...i......~Uflt\ mten'il {llf htluseh01d appli::mccs, ((;:) a trzmsfer by devise.
<br />descent or hy o~ratjon of !j,\ upon the death of ,l ~,)ItH len;wt ,It ' j- '~'!lr ... "-! J 111..-:-~i 'flU-fOGl f. f Huu :)flJ~ur JII!i!....
<br />~_. ":,' fR 1'8 IR IT <r t r T RaDI Lender may. at Lender's ~,plion, ded~rc "ill the '$u'~,:.i.F~IL~t,hih-~1ftllMll t be 1
<br />,.mmediatctv due and payable. Lender., "h;tll ha\'~ \'-<med ),th::h option to a-CC\:"k-.farc-_ d. p:ii.rt~. _. lI~r. L r i
<br />and the person h') whoI'n the Prfi~ny Ii tn he ~ofJ or tran~tcrrcd it~-a(h ag.ree-men! 10 wnt,'} ....... .~ :
<br />lS satisf.ili::tory' w- Lender and thal the mtercSl payahle on the :.ums sco;tlfcd 0'" thi... MNlga~' . -
<br />shall request. If Lender has waived the i\rtfOn to a.ccdcr?ite provided in this pa!.lgruph 17. Jno if Borrower\; successor in
<br />interest has executed a wriUen a$iUmp-UOn agrcem1tnl a{:t.'eptcd in \>.-rifing hy LenJer. l.ender shall release Borrower flOrn all
<br />obligatmns un<kr this Mortgage and the Note.
<br />If Lender e-.xerd'$C;!ii such ('pHOn to ac,,-'Cler-alc. Lendi.,,:r ..hall rnnil HOfrov..cr notice- of al.:celeration in accordance with
<br />paragraph 14 he-ftC,t. Such neti-ce ,'\haH pr<-t\'i-d~ it per}()(J nf n0:: k~s ~han 30 da~\ fn.m the date the ",-nice i<; mailed w'ithin
<br />which -Borrower may pay the MIO'_lIi declared due, If BOITo""er faih !o ray 'SlIch "urns pnor tn the expiration {If :o.llch period,
<br />L~ Dla)', without runner noti-ce or demand on BoITftWer. invoke any remedies pe-rmitted hy paragraph is hereof.
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<br />No.-~....UN-I:FO.M COVENANTS. Borrower :mti Lender further I..'t.wenant and agree a'i follows:
<br />II. A~ a-.Iles. E1ce,. as _itIed I.. pa_r""h 17 b......r. upOD 8<orr...."r.. brtach ..r any <0......... or
<br />............ of. ........... in IIIls M"",-e. I..dudi... 1M ...'..n...... to pay when tit.. an) s...... ..,cured by Ibis MorftItIlI..
<br />......... ...... Ie ..~ .slId. mall netic. 10 Borrow.r ... "",sitled lit _"'ph 14 b.reof 'pecifylng: (I) lhe bruch;
<br />W................... to <Oft __ br-r. lJ) a dlde. ""I kM 1_ JO day. from the dill. Ih. nolice is mailed to 8<orro_.
<br />1l1~ ......... _ .. c""'" ....... (4) that fan- I.. <!Jr. _h bnal:h on Of bel..... lhe dale specified In the DOlke
<br />..... ","",-,.~ofthe .__.......1>) this :\1........... f_,.by judiclal p_......lq and'" of th. \'ropelty.
<br />n. ......,....~W_au.-... of.!tIe riPlto n:lMlM. _ ~.. and tho rlabtlo _It m lho fol'K'-ro
<br />............ !tie ___ of .. diofIwIf Of "" 01..... den- of __Of '" ..".1010110.. and fore<:i<>ollro. If .Iho bnoch
<br />ill.. ~......lIof_llle..... ~ m.... l>Oliff. I....... all~mIer'. optloa ...., docl.... all of lhe ...... oearred by
<br />... Moolpp ..lle~)'''' ....... poy__..ilhwI '0.1'- de........ may I"....h)so 10)- lutlklAl proeeedl... I......
<br />......lle~ Ie ~I '" OlIdIpr""........ all.._ of f_............ 11l<1!tdIIIfI. l>ut ..... ll~ to. c_ 01 doc_ry
<br />.~"'_"""'ll:tIe~
<br />t.';,' ~~.... .0 RriMtak~ Nt)h,,'tth,",littdifl,# L~Jtdct's. ;'.~;.;d~f'ftlh"n ni lhc ~Hm,'i. :j,eo:::ure-d hy lh." Mt,)rtga.~c
<br />iktr,h~i111t.hiitit btaltt tbe r.~ 1~~ k.~t;: ~WT r-to(.'i;I~-th-fJi!~' h't~<<ft h) 1 <:-n:tk;,f tp ~njo-fj.:-t: i1w~ ~h)f!got~(: ..hs,.:ollW'iUcd: ..l~ an~. lunc'
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