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<br />r <br /> <br />~e_re.tU:Jrt/~tf <br />84 - 004258 <br /> <br />84~""'00423t <br /> <br /> <br />C_. _::, ,.' - ':", '_,:~,_, <br />;-~::;::_::?/J?:'/~~~::: <br />-. - ~- ",'- - - - , <br />~'!::~_:;~.!; :;).-A:~}~~': <br /> <br /> <br />-- -~_.- '::, :--;'-'-~ -'-'- ::'::. <br /> <br />-.. ";~.-,;; <br /> <br />r-: <br />I <br /> <br />I cnd....r':. \\ nll__U agrcemcnl or <.lppJii.':-lbrc I;\w, Horrowcr shall -pay -thc-' amOunt of- ull: rrlOiTg:.ig'c': jn~ur',-tricC- -p(enlllLm~'-'t'r'-th~; <br />manner pmvid(;J-undcl,' paragr:lph 2 hcreoL .- ___ ____ _'__' _ .- ,.'- _, ",-_-_',,-__ .- <br />Any amollnt,s, disbflfscd- by Lender pur~llant to -this'_: paragraph 7, w-i,th.-' interest, t~~_~eb~__: ~lja!t::-hc~(1r'l~- '-iddm:6~al <br />indcb'-cdncs~ of H(lr[~wcr secllred hy ~his ,Mongage,.- _.1 !nte-:~'_Borrowet: ,~lOd Lend~r, 3F, ',!n_',:ot~ci':.tc~s <br />;tn~(lllniS- shaH he- payabk:tlp(ifl notice- _from I~cfidcr ',t.o BOriT~We_r','-i-eqUcsti~g J:3'ym~-nt- the_r,~?~,;_,~od~~n~lI,~ <br />d.lte,:of dishur-..ement aLthe rate ,paya~Ic-, fronl_ tin:c '.to _lfme'--o~, olltsta~ding-"prin~ipat:unde.r-__t~e'_'N()(e~r <br />interest at such -fate would _hc,-contrary to. applicable: '-aw;-ifl Vihjch'cveflt-such-am?~ts~ishalr~~ar'>'i!,~~_r~f; <br />pennissihlc und~'r arplicable law, Nothing contained' in this ,paragraph 7 shaH rC,~\'ip~ I,;~~d_~,,:t"~'_:~j~Ct~~: ~ <br />:lny action hereunder. - _ ~, :__ ~-,' '~:_ _- _,_~__ __:,_' <br />8~- InspecljoDi-, Lender- may make or causc' to b-c m~d(Heasonable -cnt-riei;';U'~o,ri,'_a~4"hfs~ct'~_n~Af"tJ1e~ <br />~hat. Lender shall: give Bt.'rrower notice prior to any sw:=h ;in~mcction' specifyjn~~~renson~_~1e"cal~s~-t~ere_fo:r" <br />mterest, in the Propertye ' . _' _ _" ' ;__, _ <,' <br />9~ Condcmn~tio~. _ The pr0cccds of any- award-:or claim,'for- damag~s_~ .direCt o:(con-s(!~~n~_i,~h:--:.tg:::c, " <br />c<\ndcmnation or, other taking of the Property. Or part thereof.-or'-for conveyance-in lieu'oh:{')nd~tn.n.~t.io~.~- <br />;10,1 ..hall he paid to Lender, . <br />In thc-event -of ~[ total laking: of the Pr(tperty. 1h~ -proceeds '~han be"--appllc~- to:--_th~:~sn_ft1~;-'sec'~j <br />with the c'\cC"'. if any,. r~lid II) Rorrnwer-. Tn {he event of n paTtin1 takjn$--of-the:J)roperty~-y , <br />Illhcrwisc agree in wrirm~. there snaIl he applied to the ...ums secured' by -this- ?v~or~?age -S~IC,~~~.pr~'pq:n!,n~-gt <br />as i.. 'cqu;d ti~ lhat !1f(\pClrtion v,;hich the- amount of. the 'iHm., <;.ecured -hv thi;;.., Mortgage-: in:~edi-a;t,e!Y;-'Br~?__~'-J <br />l:lking henr" t(1 the fair market \'JllIC of the Propcrry ltl1mcdi<ltcly prior to -the dare of-.taking.--wi~h:'the;_bala.t1~~, .._:'_,: _ _ , _;, " <br />paid -hi Borrower. _ ,__ _ _ ,- _ . ,,' -':, ,~_ :~'__, :::~_; ;': _":: _:--'::-::~->:f,:: ,\:,:,_~ <br />Tf the PropCr!v I, :thandoncd hv Borrnwer, t\f if. nfter-noricc hv Lender ~o Borr-ower-,that-,the--cond~_~n~?,_61X~~;;:;t(t-~,~,,~\:,- <br />:lll .:lward ('f ~cflk .<} claim for damages. Borrower fails to respond' to Lender 'wir-hin' -30 ?ays after~:Jhe: d_at~:'__~~-:~_B~.~f_~<'J~;';~ <br />matlcd, Lender j,;; authoriud to collect and apply the proceeds. at - Lender's option, -either-, to restor3tio~-;:or'_ 're~~dr::-;,~f::,1h:e:_' <br />Properl\' or ft. tne :-.urn:-. "1..'t.:uH"d h~' this Mongagc. , _ _ _ _'_ _' ,; ,<,-:~,,::,;__, ::>::. <br />Unk"., I.t:ndcr and Borrnwer othcr,"'I~c agree in writing. any stich appJic-n-tion of proceeds--t~_"princi~Lshall;:__~_~t-,~?.te:~_(t;', <br />or p,-~"rrl~nc (he due date (If the monthly insIai1mcnrs referred to in paragraphs I and--1 hereof or change,.,the_ 3flloonvuf:c'- <br /><;tlch imf3I1ment\, <br />10. Borrower Not Relea...ed. F~tt..~(l"!on ~"f ~hc !ime for p:lymem < '" :~_icatinn o-f. amortiz<itlorr-of the sums.:securtd-- <br />hy this M(lrtgagc granted by Lender h> any succe~:-:~lf in il1~t.:~cst pf Bo. 'Ner shall n01 operate to release.,in_~-any-mallner-, <br />the liability of the nrig.inal Borrower and BorrO\\'N'" sncct~.."nr~ in jn!J.:~res!. Le~der ~h~H :1ot ~ required -H}:-ccm'm~T"ice-: <br />proceedings against sllch ...aCCl'ssor N rcfu.;;e to ex-lend time for p.lymcnt or orhe'f\\'ise modify amortization, of. the: $uQ'lS <br />,ct.:"llfcd hy this t\-1\lllgaeC h' rca"on \1f ;m\' demand made by the odginal Borrower and Bi)rrower's sucl:('.ssors'-in-~interesh" <br />11. 'Forbearanc~ hy I.cnder l"ot a ",'~h'er_ Any f~irhearancc or i _coder in exercising any right or remedy,hereunder;~-Qr <br />nlherwi~c :dfordcd hy applil.:ahlc law, ::;h;iH BPI he 01 'Naiver (If Of preclude the exercise of any such right. -or -remedy. <br />.Tl1e nrOCUf('me-m of in<;urancc llf lhi..' [1a\'m~;111 {,t l:l'C" .'r (Ither liens ,\r (har~c':l tw l.ender "hall nOl he a waiver of Lenders <br />ri~hr' w at'l'.....krJh~ the m~ll'ilrit\. {\f tOL"' :nJchlt;dn\',"" """i.:ii!":d \1\" thi,., ~-1nrt(!a!:!c~ - <br />, 12. Remedies ("u111uhlth-'C'" \H rcmcdlc-s rr,",J,h:d (.1 thi, \fori~ag~ ~;rc di...!incr .!lld {:Ilmulativc to <iny other right-or <br />remedy HfH.kr thi" \'fl~n~:~g(: III ~IITllr{kd h' b\..' ,11' l''1Ul!'\'_ )lhl !1),!\' h;;- t'\L':r\.'i'-l.'"d ....."lfh.:urn:nlly, independently or successively. <br />13. SUt.'CCSSON and As.'\icns BeHInd: ,Ioint ~nd St~\'t'r:d Liahili(y: Caption~. The ((I\'cnants <lnd agreeme-nts herein <br />i.:omainc-d "hall hind. A!d th... right'- hen:llndcr ,klil !lHli"l' il'_ the n:,,-pcdl\'(' ~Ui.:(:...'''~NS ,tnd ;J.<,;sic:ns :of ,Lender and Borrower~ <br />'lIbic-c-t It' tit.: n[()\ i""m... ,It !",l{ a~r .!jm ~ i her..',,; -\!! '-L)\ (n,lm~ ;t;,d ij.;n:~nh..nh l)f B{lrr\}\-\'~~ s:luli be ioirH and several. <br />fhc .:aptiplh ,~il,i h~aJm~\. (~i the pJr.H~':lph" ,'f ''''1'- \ L"fll!al.:\' ;,r~' "i';~r '-'l'n\'e-nicnct.' oniy amI :Irc n~t to be lIsed -'to <br />Interpret -;:"\1' dcfint.~ !ne pr.wl,i"ll" h("f\>"t <br />14. :'\otl"'''', F\'-'i':;'!1 [,1'- ;jj]'-. ;ll)!tn' :-..:qui:'l'd un;.!!.'; ,Jl'pij\.-,d'k !:Iv.. 1\1 b\.' ?iven in :uH\lhcr mam~er. (a), uny notice~.to <br />B(~rnl\\--er rr,~" ldcd j;~f ,r) (lli" \1..rt-t!.;ti!C ...hall h.. ).',\ ~'I: 1'\\' nLli!iJ:;~ ,>u-.:h mHi.:(' hy \"crtified mail addre~sed to Borrower at <br />the Prl1j-">-t-rT\" -\dare_..." ", ;1: ""!h.:h ~\[hC"; dddn.'''~ ,," B,'l fP\\CT nl.l\ Jt'>lf,m;lll' n\- nnllo,~ tl' 1 ender- '-IS provided herein. and <br />fh) an\' noth.'C i~' I ,:nd<':f "h:1H j'T ::i'd.:n !---\ ct'n~tlcd ~;,H!. r-,:Ipr:l ll'-~-~'(P! n:qu-c....tcd, In LCfn:.ier'<; ad-urc~') 5tatcd herein or to <br /> <br />~;~,~t~:::::I~i~~~~r!~~'d~:1l11~~'\!~:f !1~::;:-~ ~,~~_~~:l~~~:~~"! l;~~ ~~::~lr~~~~:\" ,f:;)f/:,'~\,~:r ::~ h~~~~:~'~:: i~c'~~;~'x:~:~~n~~:~;~~n~~~~j~~(:er~.r in this <br /> <br />15. Vnifonn 'h'f1~a~t:; (~tl\l,.tn'n~'I ~"; St'\t'rahUirl. Ihl' (()1\H;1I m,'~-f~~t~~ 1:\.'mbint'S llnif0rOl !"'('\'enant"i: (..-w national <br />H.;C .to...! ml-n",m;f~'rm ~'~-''.cn:iflr~- ,'i!h 11l11H-t:\l ,.(1 (,!lidO' h\ dh\.L~ linll \;'1 ,-','n'f1!;<(t: .1 UIHform 'il'!.;'urit\' itl's.1nUl1C 11 I co\'ering <br />real pn\f1en\ Inh !\h....n,p~l. ,han h.. !2',n-",-,p",j h lho: LI\\ A !f1.1: !Un<;dl('lft\fl iq which the Pfope~ty i<: located, In the <br />;':'.''';-:-"\1 rh:n ..m: rn'\";:'ii'l"< pr ,idl'~>': \jil;-I~~,t~~: ,'" lrjL' ',\1,: \.l'nlh::~ \~uh :lppili..\lhic bw, "uch conniel <;haII not affect <br />['".ther !'W'r'..l\'>!l.... l'( Ull' \1z)rl).:.I~\.. \'f !fw 'Ilk \\hl~-h ...',in t'w ~'I\l..'n ~!h.'-.:t \\ill)l.)ul the ('ontlicting pnwt,-ion. and to this <br />~nJ the I'hH,i.,idn" ~~f rile \h..,tt~.I.o::C ,lilt! the '\" h" ,trt' dCI..'l'll't:d I,' hl' ~'-"d~ral1h; <br />16. Bnml\\'tf"S CnpJ. R~)n"'\l.'r ....klH 1'1..' !~'rn"ll1.'d :1 ":-"ilt,'f1lh:d .:.:c'py \)1 the ,'\Jorc dTH.l ~,f thi., ~h"\rtgage at lhe time <br />Iii ~'t."\.:lltion ,"f ~ljl\,'1 ft.'....-:ord:IIIOll here,lt. <br />11. Transftr of t~ Prt\pet1.'-'~ As!\oumplion. I! ,di ,,:, c~n~ p"n ,:d {he Prl)~k'rty .'f- an inl~rcSI ther~Jn j" ':,dld or transferred <br />hv ROfh\\\....r \.qlht1tJt 1 t"nucr\ nfl\\f \\ffl!~n ,-'~'n7>t.';\l, ~'\;,:iuJin\l L\J th-I.' d1.';l!ion ,d .'i hen N Cnl..:lllllhran.....e suhonhn.tle to <br />t)u~ :\h'lrtg;tgc, n....} the d~atl('ll\ ',,( d Pill....h.l".c nh'll.e", ",-'\.-ill/I\ 'iilh.'r':'H t',)f h.:lu~\.':h\lld applian\.-'cs, Ie) a transfer by devise. <br />d~ent (~r hy oj:"'<,'ratlt."l.ll ,If Ln i.:ri'f! th:: t,!eath ,'f ,; j,Hi1i r,'ll.lnl .'\, ' ".\.. !if I 'f - n. '] u.ah'Il' '''(Jut ni thrijiJ ~'t1iirE'u 111[( <br />'-" ---~..~-;..:; -- -~-;.~ b ;-..--':...---. t cnJer md)_ "I I ~nJ,-'r'" ..'pthNi, Je<.:i<m,: all tht '-:um\ ',!;?cun:d hy t!ns Mortgage to tl-~ <br />!mmedr3ldy due ..1m.! p.a)-'ablc. L('nJ~r ,h.\il hzne ~l, ,li"-cJ ..II.,:-h option 10 accelerate if.. prior to (he sale -or lransfer. Lender <br />and the per_~i."l.n h' whom !hc Prupcny " ti) bi: sold I.r If:tnq~n\:d rea-t.'h ;ign~Cl11tin~ in \vritfrig tha_l the l'fedil (.f s.uch persnll <br />j.. .salI:'tfa';;lor:- t\~ Lender .lnd !h:l~ i~e int~r('...t ~~;:ij.1hk ,'n tiw ..,'m...._ ~l;:u5ed hy rhis. '!\:1~)~l,g,~\~1.:' _shall he,';i! _~lt\:h laIc ;\<,; Lcnder <br />-,"hall r~ut:s.L If 1 ,coder ha~ WJ;I\-Cl1 iht: i.'t'Ill)Jl hl .l\.'-l;clcult.' pru\ tJcd ,In thl"i. P<H::.U~.r.ilPh. 17, and if Borro\\'~r'" ;su~ce,~s(\r in <br />tnleh~il ha'i. c_,ecuted a ...,-rtHen ,ls).urnpU('lo ~g(C~ln'ClH a~.:ertcJ in \\riting hy l.enJer, Lender ,hall fe-least: Brlt'rower from ail <br />obligations UfH.K,r ,his Mortgage: and the Note. <br />H Lender e\.er\,~i,e:'o "l.l~h I'ptlon to :a..;;.:clcr.tlt'_ ! ..;n....kr ~h.tli !nall ROflO\\.:r lWtj,-'C I'f ;\..:cclcT;.1.tion l!1 aCl...'~"rJance wirh <br />p,aragrolph t4 hcre\\f Such notu:e "haU pr<:wlde ,1 t'~ n, ~ ;~;.Fl lU d,I~'" r'~"'m lilt' date: th\.' lhlli(t~ i, mailed within <br />WhKh Borruwcr may pay [he _')urns d~d~l.fi...'''d J\l~ l:hHitn\I.:r :,ld_, i\-' p.tY <"u....n ~~Jrn_.. Pfl(,[ I,) lhe ""pir~\tll'n ~.,f ,uch pc-nod, <br />l.ender mclY. w,fhdut further n\JHce or demand ("H Bmn......-cr. dl\\li.,c il!l\- rl'lllcJ!e-~ pcrnhut.'d hy pMagn.lph J~ here-of, <br /> <br />',;-- '~ <br />"' -~"~ <br /> <br /> <br />L <br /> <br />NON-UNIFORl\.t COVf.NAST$_ Borrower and Le!lJi.'f further cn\cHanl and ag.r1.-~ ,-h f\.lll\)w~ <br />III Ac('.ratioA~ RflDedies. F.:xt:tpt as pJ"oliided in pwntlraph 11 hereof, upon 8orrowu~s breach of all}' l~UVen8"t or <br />..reemau of htro..-u.io lhis M-ong;age~ induding Ihf' cOlenanl~ 10 pu,) ",h~n dUt" 116:" ~unt..... s{'(ured b~' this ~-tortaa&e. <br />t..e.det-_prier to a<<:etefatioa ~haU mall nUIii:t' 10 Borrower ai plo\ided in ptulttC;fUph 14 hewuf ,"lop~dfying~ (1) the breach; <br />(1) ta.: _Ad_ nquind to {"Uft 5\t~h br~.('h, tJ) '* dale, nQf le-f6 than 3U daJ.lt from tbe date the lIoti'"'~ is mailed to Borro"'er. <br />b)'..hklo ..,n., bna<lt ""'"' boo curcd; .nd (-I) Ih., fallure 10 cllre such br.",,'" "" lIr beforo tbe dale ,,,,,,,,Ii.d i.. (h. nolke <br />1RIf1' mult bt-~(''''.tion u-f tbe .sUltl'!i _w(~un-d b~ tbi~ \lOJ'f&age. forrtlosure b) judidal pW\,t;"edi~ and ~>>Ie of tht't Prop~rty. <br />11M: 8Olk~:JdIaH t1ll11w1 h&forDt .8or.rOtlrff of tilt' flath' h. rdn'!d-$Jte aftel a("~~~ter"tion and tht' rilht to l.Is-..er1 in Ute fOl'1:-\'losure <br />IN''O'f;ft4t8ttlw JW.Hl-eu,uft(e of a delalli)-I ,po.. a_D) other dde-~ uf' Borrower io at;;cekra1ion and ffir-edQSure. If the bl'\!acb <br />'" __ -f;'-uRlG on Of bdOft lite dale. iptU.-iti-ed in tbf' nutkt, Lende_f at Le-Rdff's option pm)- dedill'C aU or the ~ums MH:u.r~d hy <br />lIlia~. '0 bo Imm.dJatel) due ...d pay.bIe "I;h",,' funb<<r dem"..d ...d may I..",d.... by iu,Udal pwce.dl"ll' l..lId.. <br />.... M t'PtJt.kd tu ('ulkt'. in \u<:h Pft)(l't-uiaK; illl ~\pt'I\~~ of fHlnh~ute~ hldudlnu.. but no. hhlited to, ~.'~b of dUCUUH-.'utitf) <br />.,,~..-* <l:bsdltKi!li: .Jmdlidt r"p<1,-rt~ <br />t.~ 8oftc)~tr', Rigtd t.i' Rd-Mf.tt~ '(*"I_thi,l;qt,-Ln~ J end!:'t '" _1< \ dcr J.!hlf\ "f Ih'i.: \':HT;~ 'e~ \lI't'd hi- \ !"" \tt\! tg,tgt,', <br />Iit,-o-';.\\o..,"--1 '>.-1'.,,;\ hJ""~ lr..:: dtth,t {,~ ~1;l'>:,"~ _"~';.- rf,,!"'\,~,JHti~-'- bi:.,li-!\H'l h" I I.;nd','1 j" c'Hf':'f~~ ;!ih \f,_'H,g<lJ,::~' .1, ,un I'!ll.;: <br />