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<br />84 - 006165
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<br />to Lender'~ intereSI in the Property.
<br />9, Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with
<br />any .:ondemnation or other taking of the Property. or part thereof, Of for conveyance in Heu of condemnation, are
<br />hereby assigned and shall be paid to Lender, subject to the terms of any mortgage, deed of Imst or other security
<br />agreement with a hen which has priority over this Mortgage,
<br />Ill, Borrower Nol Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or
<br />modification of amortization of the sums secured by this Mortgage granted by Lender to any successor in interest of
<br />Borrower and aH other panies who are or thereafter become secondarily liable shall not operate to release, iT! any
<br />manner, the liabtlity of the onginal Borrower and Borrower's successors in interest. Lender shall not be required to
<br />commence proceedings against such sUl.:cessor or refuse to c~...tend time for payment or otherwise modify amortization of
<br />the .sum; secured by this Mortgage bv reason of any demand made by the original Borrower and Borrower's successors in
<br />irnerest. Any forbearance by Lender 1I1 exercISing any right or remedy hereunder, or otherwise afforded by applicable
<br />:<3:;,',', ~;haH :1:.::-t h:: 2. '}.'~ii'd..r Df (~~ p:edudr ~he ~XeTC!"'(' (If an~' "-l1('h right or rt'medy.
<br />11. Successors and Assigns Bound; Joinl Blld Several I.iability; Co-signers, The covenants and agreemenls herein
<br />(ontained s.haH btnd, and (he rights hereunder shall inure to. the respective successors and assigns of Lender and
<br />HOffowcr, :;jub,ect !(} ! he prOYi5ioflS of raragraph 16 hereof An covenants and agreements of Borrower shall be joint and
<br />~c"erJ:l. Any Borrower \l,-<tlO co-.>;i.~_n5 this 1Vfongagt. but docs not c.xecute the Note, (a) is co-signing this Mortgage only to
<br />i'non~age. gran I and cOlivey that Bnrrower'~ imerest in the Property to Lender under the terms of this Mortgage, (b) is
<br />nOI per!:.onaHv liahle ,H! the' N'J1t~ ~~r under [hIS Mon~age. and (c) .agrees that Lender and any other Borrower hereunder
<br />may agree to ~'.'\!end, fnLHj:t\, f;Jrbe.H. (;1 make any uther accoiiHllodatlOns \v!lh regard to the terms of this Mortgage or
<br />lhe N:)IC \\ :!lh)uf that B,-"Hrnwer'~ ...'C'n.'\.ciH and \\'ithout reIeaslIlg that Borrower Oi modifying this !v!ortgage as (0 that
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<br />Bnrr-f)....e-r.-; IH\t:i-t:,1 ir; the Propen\.'
<br />12. 'otif:e. E\cepr t(\r any ndtH:e r('qu~red unde 'lrpk';1-:"~'. ;.....~.,.' ;(J be givep 'j> another manner. (a.) any notice to
<br />HDfriJWt':f ptD'dded fGf Hl rhi,,- \1(\r;~;'lg(' ;-.i1a!i }'r- FJve" J(,llvC'ring it or by mailing such notice by certified mail
<br />,hiJH;"'~{'U l() ~.h_,rr'-.~w~'r -2~ iil<' Pruperty ,-\ddH'::.~ ur ai "iuch other address as Borrower may designale by notice to Le.nder
<br />:t,,, prG\Jded hnt~m, and ib} any nntt.:t' l() L;;.'"IHjer s.hall be given by cenified mal! 10 Lender's address stated herein or to
<br />"uel: ~)ther a.dJrf"~" ~1~ l.tndt'l' may dCs.if!-nat~ b\' D-citice !o Borrower as provided herein. Any notice provided for in this
<br />~""lof1g:agc ~hall bt' deemed !;J na\{' been ttt\-'cn fu Borrower or Lender when given in the manner designated herein.
<br />tJ, (';nh~rntnJ: !,l.lW; S("\-t>rabiUn-. lhe -;;iak and JOI.~allaws of rhe jurisdiction in \vhich the Property is located shall
<br />dpply t.!...((;'pt VI hc--re ',tlCh b\\-'I-- (onnirl v~Hh Federal law: in wfw.:h case, Federal }aw applies. in the event that any
<br />jHi.'!\'lSHJIl dau:-.c ;,If [hn \-i\~rtga~c or the !\jute ,,-nnnkt~ wilh applicable law. such "Conflict shall not affect other
<br />prO\'lsjon~ I.'!' ~hjs \h)rl~age ;t1c ~\'1lt: ~\!Ii;.:h (""all be g1\'tn effeCT \.\..itholl! [he conflicting provision, and to this end the
<br />prOY1~lc"rh \)~ H~is ~'1nn!-';:i!le and the- ~ntt; arl..~ dt'darcd !() h..:- "t"verabi(~. As Hsed herein. Hcosts", "expenses" and
<br />'Jth.'rncv,,' tc-e\' u\..:iw.k ;ji! "Hm~ i\" !hl'" t:'\lt:tll nol prohIbited by a.pplicable law or limited herein.
<br />14, lJorrowt'r'~ ('Hp~. B(J!"i(lWtr "Deii! be rUt nl:>-.hc-d a ((Jl1t~,rm{'d copy ()f the Note and of this !'v1ortgage, if requested
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<br />Jt tile imH'" ,..I C\<,';':Ulldf! df atrcf ~(":.,.<~~rd~H}-C'n jH~rCf.l!
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<br />IS, Rt'babUHation LHan o\gn'citH'fJi. BU!!'~h..-t:r ,hall fulfill all ()f Borrower'!) obligations under any home
<br />Il."tJaPlliiJiIOfl. ;n~prUverrH.'l1!, It'paH ',)[ tH!1rr tl,\an agH..t:merH \\'hich Borrower enters into vdth Lender. Lender, at
<br />! t'lh.1cr\ Urli\~n, may requllt' tk'fr..n>"t:'f L' t'\ectHc and (kli\-'(~r 10 Lender, 1.l1 a form acceptable to Lender~ ar. assignment
<br />~,t ;Ul;.. n~hh. ",.".nn' ..\) i.kli;.-"U"\t'~ \\-nl(n B!,.Irro\'~'l":r fila\" ha\c' d!lainst parties who supp-Iy tabur. materials or services in
<br />,--'nn!lct:~1\HI \\ :!Jl pr. n -(ment... m;dt ~ he PI'. "p('n y
<br />16. lnms-fer (If the Propr-rl.\ if ({"if,_'..\-;:r 'odl.... lH lr<U1,,,kr~ an or an, part of the Property or an interest rherein~
<br />\:\dudl!:~ ~al \J'.(' ,-:-('~HH.;~j J. hen ,~! l~lh.:umbLHKt" "ubordlll~Ht.'- tQ thi~ \-1ortgage, (0.) a transfer by de-vise. descent, or by
<br />:!p-trau"n ~" ;,.n.\ upon (h:d.th ,l \\'U:l ~tnan!t {I.,-) the pdnl df any lC'ast~hoki intert'st of three years or iess not
<br />,-~,nUHtlin~ J,H ,)pl\l.ln ~;' PU:...:td'-,>:. U.l \flC ..ri.'a[['-.~ii \~.f .1 ptH\:hJ....,e money ~-ci.:urtly interest for household appliances, (c) a
<br />: 1 au\!('r !l', :.i ~t:;a[i\ 1;.' ; nUf~:n!Z, I! ,)in d;"',Hh \1\ :1 H-".lff(l\\-'Cf, (f) a !.ransfer \\-"here the spouse or chiidre-n of the Borrower
<br />t~(,,\,:\lmf,.t ,in \\,; :~\.'l ;ht, pq'pen.\, ;:i ~fan~ft"l ft:"..,ulling trc;m ;'1. J~\':n::c i)f Ji~solu{ion of marriage, legal separation
<br />J~te-eml;"n(, "'1 !: ~,(1) ;W il1\.::\.h.'i!L.tl j'll'P':'C, :--t;U-t'lnt'li! .tgr("cm~llt. by \vhi('h the :o.pnuse of the Borrower becomes an owner
<br />\H !ht.' p!-l~Pt'll\". I h! a :r.m....h,'f 1l!1,' ..Ui ml-c:' vi'di'i !! u"-,l HI whio...:-h !he H()f[l...J\%'er is and remains a beneficiary and which does
<br />ih'lt rd;:i 1 'i." ,l :r.Ul't<.'f pf r1~thh \k\.'UpMh.'Y Hi the propeny, ur (1} any other transkr or dispo~iijon described in
<br />rq:uia1!di.... pr:;.~1.:flP~d t,> f;--\(" F,~dt:r;jl I.j,'!!l/;' t l'ctt\ g,wk Board, BI,JrrO\\'-er shall \.'3U:it' to be subluitted information
<br />;~'q~~:!('''J h\.. I "'Hdt"1 ~,\ >.:\-..ilu~uL' 'ht !LtH\!;:-it't' d> Ii a !le'\\.' klan Heft' being made t\) {he transferee. BI,)rrowcr wHt continue
<br />.,; t)(. ,lhhg~He\J under lh\.-' :-':.,1 "t' .mJ ;h!\ \tnrlgage unjt"~s t.xih:ki' ,\.+=~~~~ B-;]-rrnu'~r in \vritinll,
<br />!: I tT:dt'f i1-",C-.., lh",j .1grt.'t' [~1 "tJ;..:h 5Jk' Of HatPifer, l.cnJer may declare all of the sums ~r(ured by this fvt0rtgage to be
<br />lmnH:J!iJ!cl\ ,.h~e ;.tiltl p.i\~tbk, ;! 1 ;:::dCf ('\('f(l'l-l"'''' "\u(h qHll.l!l (0 ~h:CelC!a!c, LI."nder shall rnad Borrower llotkc of
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<br />'~'\>..<ej";-;:Hh~n In a\.'-;'"jj J;Hh'1.,' \\.11:-1 P:,H agr aph 1': hCfl.:(,\t, Sth:h nul h.T ':>ha!i PI'," ilk a rerwd of flOI irss Ihan 30 Jays from the
<br />j,;tiC tnc ;h~Ln' :~ m..1;kJ ,'" JctlH:'ft"d ~nhw \\~jh.'h Hi..Jrt\,\l..l.'( nu) pay tl\~ ')U!n') declared Ju..:. if Borrower fails to pay
<br />qj{.'h ;.;tEll"; P!IPf t~; ~i:e t'\p-HJ.th.Hl t\! _~Ul..t1 renvd. i....~nd.,(:r m~~y. 'Wlihout fUrIher nntic~ or (h,'mand Oil Borro\\'er, invoke
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<br />,'W t ,-;::ncJi..... p-t-rmnted t-y p;'ir'.lJ".:r;lr~i j.... ~jcrcof.
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<br />'Ol'..l.'~'H-'OR\.i ('()Vf:NA0\ rs, B,JffPWt>f' rtfld L.'nder further cP\"t.'nanl and agree as follows:
<br />n. ."c<~ktlllion; Rem..lie" t\t'epl '" pro.ided in Pllrll)o:raph HI hereot', or "' otherwise required b) 11IW, upon
<br />8ono~(,f'~ brf'acn of an.) ..:OH'nant (~r a~ree'lJ1en( 0'- 8orro~er in fhi~ MortJ(.li)fe. indudina. the- covemmts to pay b)' the
<br />t-.~ii'd uf iO- i~'iiifiiG.f rlli)~ iiJtt'-f lh~!' jHi~ djjif~ ioif)' ~iim5. 5t"\~urf"d b)- {his i\.1iHii;iij;;,:'~ l.t'iHh."; prioi :0 a('cd~ration shail ;tiTr:
<br />rWh,,'f' to Bornu~t(-r a~ prt~.~rit>>-d h,., .ppt-icab-le ial\- ~pedf}inK: t.l) the brt"H('h~ (2J the action re(luired to (ure su~h breach;
<br />i Jl it d.r.... "\Jll-e--s.'\ than 2U d.,... fnun the dut-t the Ht......'t" is maUed to Borro~rr. h) 1i\hich such breach tnu~( be ('ured: and
<br />141 that faihut' 10 nlft' \-uen bft:'ilch fin Of tufors: the datf ~p....ciHed In .he uoljt..'C ma) rC!o,ult in St'c-eJt"rahon or the ~ums
<br />~(llrt:d hy tUb MOfl~:a.(. fnrt'd:o~ur~ b} judi--d>>1 prt)(,'-eed'n~. and sale ul the- t..f"oJ.....~rty_ fht' notke sh~H !'!!!'tht'f :n!nrm
<br />itOffi.tW'i'f HI th.. r-i-nkt 10 h'jh",hUt ilftttr a(,t:{'.~raHon and the rt~ht to 3.Sc~t'r( in tbe foredu!i.ure prtH."t'edinl( ihe nnnt'\j~h.~ncf'
<br />of 1I d("fault in An, oUt-tt dt'ft'ttMf of Ronowiff to "iKu"ierahon and fOH'".iusure, if I,he hreach is not c:ured on dt ht~for... tbe
<br />If.l. spt'dfiflj '" III, no...., Lt'nuer, .t L.nd.r', oplion. mo, ded"re all of lhe ,,,n,, ".,,<<'d II, this Mortu~t. IU b.
<br />~mmfliisief; 8tt.f' j!uui ~a,-.hk .-ttbolU lurib,", de-Mand and mal t'urr--elo-s.t Ihi, !\-tnrf)taat' u~ judkiaJ prot""-e-dlnM;. tl'nde-r
<br />"haN fk f'IUiU~d hJ ('UU..d in- M,u::b pnttkdfug .n e\pt'n!f:t)'~ of foredo:\-ure, in('iudiflfl. bUI lint Umifed tHo rt'3\onah't'
<br />au-un",],,,' fn~. ItlUO i-i,!t--h 0.( thJ('ttme-Dblr~ ~'f:de"n', 3h-~(nlch .and title ff'p-orh.
<br />.l8~ !tt:U'fO..-f",', R-i_ht tu Rt'in1thUt':. N\:!l'"QH:hllliH.hnll L)~nrh:f'<., .il..,.,:;l<:~iHH);1 ~j'!(' ~Hl!}., >~\'nut,...1 t"\ \.lnn}!il.!;t(. dUt.'
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