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<br />1.„e~iad„r ~ s~YiTt~9:, ,-~,rc~.na~~.nt or appl'tt.~bl~a av+. )go ~•fyvra rh~ p~,~f .~~~e a~ntou~*nt ~ci Eutl -nwrtxugt =n,~r~.-~~:~: ti3,,=~i~~~ it s~hs
<br />o~~i~aaiarar~.~er lvr'a:~ES~iil~e~i era€Yti~a;r l~rta:grapitl ~? h~e~reo~f.
<br />~.ntt an~nY~rt, i,.. tE~~;~:burrvecl Iby Lw~il~der frxt~aon,nt t„ ~t.I~its ~~r~itlioa~~zp'Ih ' , rm.,~t[a, ia~rterc~t ~thearegxs..,a~a}~!t bea..oina. altti,itaemna!
<br />irrt9lz.lt~r~t~,os.s~:=~i ~:f~F Par~uQa~rwe~r 9ea;u~,red 1a, t~~a,~ ',lh,forygage. 'C'l,n-ewa, Brr~rrrw:a~.r aced ir±,~tadVv ai;rce to ~a2hsr re:n~n~s of 19ay~~nt, siwch
<br />aritt3?1sitL' S:rail (N:: payable tappn5 n=~tiCC frplet Lender is 'e1p.iCfrFer rc~eesting pay~,eeni rhercpf, and Shall i~ieNr inte. cif frf~ it file
<br />date of din ,~rsement at ti:e rate *=aval±le frarr, tuna to iirne an outstanding ptinsipal carder the ",fate s,n'se<; na~rent of
<br />interest at 3ush rate would be contrary to applicabSe law, in which event svclr amounts shad bear inreresz at the bigbest ra*e
<br />permissible under ap9lisable law. Nothing contained in this paragraph 7 shat require Lender to incur any expense or take
<br />airy entice hereur't'r.
<br />6. fnsetiotr, Leander may make or cause to ]s~ made reasonable entries uppn and inspections p€ the Pre~erzy, provided
<br />that i.erder shad g"rve Borrc•,wer notice prior to any such inspectipn specifying reasonable cau:x therefor related to Lender`s
<br />rntere~t fn the 1=raperty.
<br />#. Condernant?an. Tarn proceeds pf any award or claim far damages„ direct or c_onsegnoniial, in sonneczfon with any
<br />conderrtnation or other taking of the `Property, or past thereof, or far conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a rata] taking pf the ProF~rzy, ti;e prpceeds shall Le applied to the scams secured by this Mortgage.
<br />with the excess, if any, paid to Borrower. In the event pf a partial taking o€ the Property, unless Borrower and Ladder
<br />atlterwisc agree in writing, there shat] be applied to the sums secured by this Mortgage noel proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior ro the date of
<br />taking bears to the fair market value of the Property immediatety prier to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If ilte Progeny is abandoned by Borcower, pr if, after notice by Lender to $orcower that the conde2nor offers to make
<br />an a=~-ard or settle a claim far damages, Bprrower faits to respond to Lender within 30 days after the date such notice is
<br />mat _d, Lender is auLhariz_•d to collect and apply the praceer3s, at Lender's option, Dither to restoration or repair of the
<br />Property ar to the sums se;.ured by th'ns Mortgage.
<br />Unless Lender and Boreawer otherwise agree in writing, any s:rch application of proceeds to principal shall not extend
<br />ar postpone the due da€e of the mcsnthiy installments referred Fa in paragraphs 1 and 2 hereof ar change the amount of
<br />rush irf$talfrYieattS.
<br />20. )Borrower Not Itrteased. Extension of the time for payment or rrrodi$cation of amortization of the soma secured
<br />by this Mortgage granted by Lender to any successor in interest of Sarcower shall not operate tp release, in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. Lender shall not be required to commence
<br />proceedings against such successor or refuse to extend time far payment or otherwise modify amortization of the sums
<br />sn*ured by this i.3oatgage by reason o€ any demand made by the priginal Borrower and Borrower's s.rccessars in interest.
<br />_ _ __ _ ;_~. _ w.~.a.. r,e,.e.,..ae,. ,..
<br />~y aQ.~w.»~F. o `.:~®~ w. _ s..~_ ._ ~~_~_~ ~_.: ~L_ ~ __v...~ing n°-• - - ,.a.~..
<br />othettvise afforded by applisatrletlaw$shall npt be~a waiverttpf or precludetthetexersise of~any such right orsremedy.
<br />The pracuremene of insurance or the payment of taxes or other liens or charges by Lender shall not ba a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />iZ. Ctmtult4elre. Ali remedies provided sn this Mortgage are distinct and cumulative to any other right or
<br />remedy under this Mortgage or afforded by taw or equity, and may be exercised concurrently, independently ar sucsessivety.
<br />I3. Saeeesears amt Aa~as Boaml; Joht1 and $everai Liahii3ty; Captloas. The wvenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Harrower,
<br />subject to the grovisians of paragraph 1? hereof. All cavensnu and agreements of Borrower shall ~ joint and several.
<br />The captions and headings of the paragraphs of this Mortgage are for cenveniense only and are net to be rased to
<br />interpret or define the provisions hereof.
<br />IA, Notice. Bxsept for any notice required under applicable law to be given in another manner. (a) any notice to
<br />Borrower provided far in this Mortgage shall lx given by mailing such notice by certified mail addressed to Harrower at
<br />the Property Addrese or at sash other address as Bprrower may designate by notice to Lender as provided herein, and
<br />(h? any aotise to Larder shall be given by certified mail, return receipt requested. ap Lender's addres stated ht7ern or to
<br />Stroh other addre~ as I~nder may designate by notice to Harrower as provided her;in, Any notice prsavided for in this
<br />Rinrigage shelf be deemed to have been given to Harrower ar Lender when gi,~tn in tree manner designated herein.
<br />ig. v>t~ors Martgagr; (;o®etxtfeg Law; 3evera6Btty. This form of mprtgage combines uniform covenants far national
<br />t;~ and norrunifazm ccrvenanrs with limited variatiaras ley jurisdi€~tion io sir .stitut€ a urifar°; sec'rity it~rrrtszertt ~,t~
<br />reel t+rif~~aiF ills ma3tGlrt~a~c `Baal aa~c ~a'+~c"~~ ~~ r..F`c. i6w ~r as - + _ - - a i- -~ii~.ii ir-~ as a~irfek'rii° r'trr lr ti's.
<br />=:.e ° ~,: ~,Yi~s: : ~r t<]4>z~. ,p,~ th.z k: ~,g~. r'~ ';# _.. t~.7'~'t ~ ~th ; .ai.~ lam='.: ~i~.~'~ ~a~,31! ;_~~..~t'--
<br />ntia.: eamp~zu~_ng at ttt3a t!?urtaaae '.u,' twn ]tinr~ w?:r ?: tan e,e °- 't etTeit ~-ithnyt inn e2!'!?i»(i~~ nmw?sinr±, ar!a3 ra rss
<br />~a _ ~ ~ yf t~ i .. -'d_ ts~ u~.a _.... ~r;~ a ': ~ .~a~~i.
<br />~~>~r~eser's C~ BarroW~~ral! ?+e furn~sr,rd cc,Hr„rrn~ ca>sv =f ah~ t,l and of th:< A4orr?an~ at the t°rtre
<br />-- - -° - - -
<br />ar' execu[itrr or after recordation hereof. - - _
<br />1?. 'Prt~er of the Property; Asramaption. if all or any part of the Pnperty or an intere~ therein i5 sold or transferred
<br />by Borrmvcr without Lender's prier written consent, exetuding (a) the creation of a hen or encumbrance suboMirsate tp
<br />this Mortgage, (b) the creation of a purchase money security interest for household appliancer, (c) a transfer by devise,
<br />descant ar b5' eperazian of law open the death of a joint tenant ar (d? the. grant rf any ka~haid inicresi of thtYe years or }ens
<br />eat containing an option to purchase, Lecrdtr may, at Lender's option, declare all the sums secured by this Mortgage to be
<br />immediately titre aml payable. Lender shall have waived such option to accelerate if, prior to the sale or tra:tafet Linder
<br />apd the pe.~t+t to wit the PralertY is to be sold o.* iratrafer red reach agreesr_nE in writing that *.he cr<dit of sessl: parson
<br />is satisfaccury to Lender aiul that the interest payaiale an the sums secured by this Mortgage shall ~ at such rate as Lender
<br />shat] request. if l.erxler has waived the option to accelerate provided in this paragraph t?, and if Horroa+er's srn:cessor in
<br />inleresf has executed a written assumption agreement asrepted in writing by Lender, Lender shall ralea~ Bnrcawer from sit
<br />obligations under this Mortgage acrd fire Aloic.
<br />Lr exercises st~h agtian z4 accelerate, Leader shall creel] Horrawer notice of acceleration in acearclance wish
<br />pataaph 14 Frottiaf. h na:ice shall provide a p=cad of :tot lass than 30 clays from the date the notice is nailed within
<br />whisit ]Harrower maY pay the sums declarssd due. if Harrower fails to pay such sums prior to the expiration of such period,
<br />Lander may, without further notice dr clrmarnl an Bprrower, invoke any remedies permitted by paragraph 16 hcnsaf.
<br />,~ ~ . r~nam.. {_.....,.,_~.~.;, rte--=-='°" sr~'-- L --A= 6 ~=-'e~' r, - - - ~ e t=f_a!a'Yu
<br />ills ~arcep3t ~ ptrnvrties tat awn t r )ier~•ir upon iSct~s €a ai ~ :_
<br />~ ~ ~vrroarisrr ~ ~, i the rnvetrutt~ Ea pay when deli aay suaan t~ by tA~ Mat~age,
<br />fer lam` ~ eta . t a~a~e m der as @mvi its rr~tt i4 fennel apea~~t t11 Ptrt~cht
<br />€~} t ~ (3} a +. ~t 0 Sys ftgm the Awe ~Bce is ~ E+s >~~t
<br />by-which soc6 Frrulrh mQaf ~ ear. attd (d) t~ t#Hree to cafe spch Aresch oa ~ kietore 8se a special hs f~ notlcc
<br />t;ai~y reams,. Lt- ttf _ fry . by ~ aaf3 ~ [ ~.
<br />T~ >spttet Ierlliset ~a l~srrosrmr ~ ~ t~ht ~ t:+~s~e after and flee rat ttr ea~erd ea tiro ~
<br />j~itag the ~o-+eeace +~ A ~ an„v ®tl~s deCert~ of -~ Eo tseeson atsd torectewsr. It ~ Areate6
<br />~ met cared a4 tx ketete the dais ogee ~ tEte aeLke, Fader of iswdee+s obtt3an stay etteclare ~ ~ t!u stnaat socwed h3'
<br />.tom to:he dtte xad _~t Further ddaamaed cud Wray feeeete~ iby jadk~ ~, [~3.tler
<br />o>~' '-:.!.aril t~ ..t is ;~b,p,~ ''H ns~ ~ fst~_>~sarc, ice. ~ tintkted Ss, ~ st ~ry
<br />~vldt°ti~ a~tta`~ rra~t9s.
<br />1y. "--~u2rrutr 'mss to ~;it~ iVatwu~3taCxsiing_ Lenticr's acceicratian of the cams secured by this Mortgage.
<br />Bort~tswer shailTaave the iigitt to haae aril pCUeeedings begun by tender to enforce this A~Fortgage disrontinucd at auY time
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