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.yl~,~ik.~a~~~w ~..~ ~,~ ~~ ,~ F,:~a ~:~
<br />t..i.€,ii.u s ..kitten ..,Iict.erw~-ir,t rr, ,~~~i.._atas' 1'.- ~ r. ,; '. .. 5~~1 ':. ., .ant c. ::1 ..,., v~5- r:„>, .~z _:,:~~.. ~~,_,~.,,_ tP,e
<br />€~t or€rii,4r err t,, } .u 3 [t, p,~r~f ullsC~ z I'rrre3~=
<br />~tr~, am€.,7n11s d.L,+.u~i.rl ~J,i l,.entti.r pursua;rt to E4F~ ,,,~~ri,.hh - a;r~l.^- P.,^:-su 3:k=>.re~r~. shad ~;a~~~a, za~id7l.~ce*usai
<br />u3rcVa.illa~t&.dns.~_ poi'' rrJinin-. ,-,.c•utirve~,d~. by fluor 3sSirn.garcte. C]'ndes~s B~arrrr~aver .€nd t.~ander aigner,,y irF tathe~ xer~n, c, Nairir_t,ant„ such
<br />r~T.:atr;;s s - ~ ~ payab, ttgr,- ,,,_,., ., _-; I~.n-I°..a as ,.,.;t, re« ,. art sherz„r hd ~_ Est !mar interest gra>, .
<br />date tat sis'suracrnert at~tiso rate payafiie from time tc time an autstandi~g~tsrincipal under ihe~'.vaic unless payment of
<br />interest a: sztch rate would ~ contrarc• tt+ app'sica}t3~ '.aw. +n ~~hich Brant such a:?tac;nts al?ai? mar i:~ _r€~t at tl~~• higher.. rate
<br />permis,ilal-: under applicable law. Nothing contained in this paragraph ? sfi:a!! regaire Lender to incur any expense ar take
<br />any aetion hereundet•.
<br />H. Jnsltcctlan. I_t c'•z= .-:fay :.lake or cause to be made reas:?nable enares upon, and ins~iiors of t}te Property. provided
<br />that Ixnder shall give Fnrrower notice pror to any such inspection specifying reasanabie cause therefor related to Lender's
<br />in=erz->. i~t zhe Pro~rty.
<br />r3. Coasderrraatlua. Thi, proceeds of any ;:~sard ar claim fps damages, direct ar ccm~uen~ial, in connection with any
<br />condemnation or other taking of the Property, or pare thereof, or for conveyance in teen of condemnation, are hereby assigned
<br />and shat: b2 paid to t.~ ndzr.
<br />In the event of a t+~tal takieq of the Property. tfie proceeds shah be applied to the sums secured by this Mortgage.
<br />with ttte excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Hormwer and Le^.der
<br />afitera=ise agree in writing, theta shall ce appt;ed to the sums secured by this 2rlortgage such proportion of the proceeds
<br />as is zqua! to that proportion which the amannt of the sums secured lay this Mortgage immediately prior to the date of
<br />Qrslting bears to the fair market va}rte of t?:. Property immediately prior to fire date of taking, w°!th the balance of the prexeeds
<br />paid to Borrower.
<br />If the Property is ahandaned by Borrower, or if, after notice by fender to Borrower that the condemnor afters to make
<br />an award or settle a claim for damages, Borrower faits to respond to Lander within 30 da;•s after the date such notice is
<br />mail: I.zrder is authorized to collect and apply the proceeds, at Lender's option, either to restora'ior: or repair of the
<br />Property ar to the sums secured by this Mortgage.
<br />Unless Lender and Berroever otherwise agree in writing, any such application of proceeds to principal shat! oat extend
<br />ar postpone the due date of the monthiv instailtrents referred is in paragraphs i and 2 hereof ar change the amannt of
<br />such insiailments.
<br />Ili. Borrower Ntod Released. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to any successor in interest of Borrower shat! not operate to release, in any spanner,
<br />the liability of She arigenai Harrower and Borrower`s successors in interest. Lender shall oat be regained to rnmtnsnce
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by this Mortgage by reason of any demand made by the original Borrower and Borrowers successsms !n interest.
<br />11 P ~...s,.e ~ ~~ N°t ° w«~ e;., any r~~ a, o tie r et,tte.. ,_._ ny right nr remedy hereunder, ar
<br />otherwise afforded by applicable law6sha11 net be a waiver~af or prec:lt3de the exercise of any such right or remedy.
<br />The procurement of insurance ar ttte payment of taxes or other liens or charges by Lender shat! oat be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />12. Remedies Co~ulsttae. All remediez provided in this Mortgage are distinct and cumulative to any other right at
<br />remedy under this Mortgage ar afforded by law or equiry, and may be exercised concurrently, independently ar successively.
<br />13. 3neze~ors and Assigns Bound; Joint amt ~veral i,iabillty; Captions. The covenants and agr.etrtents herein
<br />contained shat} bind, and the rights hereunder shall inure fo, the trspective successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph I7 hereof. Al! covenants and agreements of Borrower shalt be joint and several.
<br />'Pile captions and headings of the paragraphs of this Mortgage are far convenience only and an oat to be ttsezl to
<br />interpret or define the provisions hereof.
<br />ld. Noose. Except far any notice required under applicable law io be given in another manner, (a) any narice to
<br />Harrower provided for in this Mortgage shalt be giver. by malting such notice by certified mail addressed to Borrower at
<br />the Property Address a: at such other address as Borrower may designate by notice to Lender as provlded herein, and
<br />(b) any notice to Lender shat be given by certified mail, return receipt requested, to Lender's address stated herein ar to
<br />such other address as Lender may designate by notice to Harrower as provided herein. Any noti~-e provided for in this
<br />Mortgage shall be dammed to leave been given to Harrower ar Ixnder when gh•zn in the maneer designated herein.
<br />iS. Uniform ;Mortgage; f;oveming Law; $eteralttlity. T`nis form of margage combines uniform covenants far nateotsa
<br />u~ and non-uniform revenants n•ith limited variations by jurisdiction to constitute s unifarnt security instrument eavcreng
<br />-~_ _.-.x,_.~. 'r?-:- na_,.;_-ate ~-ss cw g::e'e¢:•ted c_t, ts.s taw ~f the ,e•-rigdi~tinr. n which fife i~rnperty is located. In tip
<br />1 ~, 2....,. ..,.., ...~..,E_.~., N..a. .. _
<br />.,.nt, :..a env ,.ro°}wion or ~t=flee of tl~~- Martgag€ ?r th° ?;Tot - canfltets with kQplical?le law. such Lanfiirt shall nr?t afft
<br />ntner nrnutsaane of ears Marasa~e ar ine rvote wni~il can be ¢lven ciie~? witnt=ui iiic tintii~iir~ r.r3:i~:v'n. a,:., .., =...w
<br />°,:l u~ _° .~~.. _zF ~~ wed-e~~a o~;A st;_ T~.vv arm A~largei rn hu, cn._-ahle_
<br />i8, ~oravx~,'s Cegg, Harrower shall be furnished a conformed copy of the plate and et' this ivtartgage at the temp
<br />vI executtan ar after rci:aedatian hereof.
<br />17. 7fraaa£er o£ the Property; Asaumptfon. If al! or any part of the Property ar an interest therein is sold ar transferred
<br />by Borrower without Lender's prior written consent, excluding (a) the creation of a lien ar eneumbrahre subordinate to
<br />this Mortgage, tb) the creation of a purchase money security interest for household appliances, (c) a transfer by devise,
<br />descent or by operation of law upon the death of a joint tenant or fd} the grant of any leasehold interest of three years or leers
<br />not eantaining an option to purchase, Lender may, at Leader's option, declare a!! the sums secured by this Mortgage to be
<br />immediately due and payable. Ixnder steal! have waived such option to accelerate if, prior to the sale or transfer, bender
<br />and the person to wham fife Property !s to be said ar transferred reach agreement in writing that the credit of such prtsan
<br />is satisfactory to Lender and that the interest payable on the sums secured by this Martgaga shalt Fs at such rate as Lauder
<br />stroll request. If i.endsr has waived the option to accelerate provided in this paragraph t7, and if Borrower's successor in
<br />interest has executed a written assumption agreement accepted in writing by Lender, Lender shall release Harrower fzom ail
<br />obligatiana under this hlortgags and the Note.
<br />If Lender cxereise~ stt,:h option tc accelerate, Lender shat! mail Harrower notice ci ac;.-eicration in accordance with
<br />paragraph !~ hereof. Such naticc shall provide a period of oat less than 3tl days from the date the notice is malted within
<br />which Harrower Wray pay tits sums declared due, If Borrower fails to pay such sums prior to the expiration of such pars`ad,
<br />Lender tray, without further naticc or demand nn Borrower, invoke any remedies permitted by paragraph 18 hereof.
<br />Neu.Lilo;sera l`nvr+nlial~a- Lrarrnwar and L enter iurthrr raygn;nt ~nd_ ~l~_r4'~ a± follows:
<br />;tp, Aa`.~slc~tz; ~~:~:~. ~ ~ ~ prev In r~4~'`h 1? ~-re.^.g, t;t >a.°t'r:.'wer'a b;'eash o£ Win; rsscsa!t nr
<br />~ne~srt o! llorr++wer In ! l+iorte, tacltuiitsg tilt covenants to pa}• »,vheo doe arty auras seeartd by tats Mortgage,
<br />6 smler prism tts r~selxt`~>;s~n atsa~ sxiuce to l~sgwrr as provided in paragrpp~t lA hereof spaclfyt~g: (1} t6a breach,
<br />(~} the-oe!!oB r+td Es-rareer;th t#4 (3} n dss4e, nst [~ t 3H days from t~ dtde tht naticc is m~led to Ytorntw~r.
<br />try irhiri+ each brsaclt moat be rtared•, and (4} that [attare M acre sucb breaeb on or before floe date spect8ed to the naEtce
<br />r in ~ stzu~ ~ bi a ~ €9€~ure by ~ ~!~+~*_-_!}i_,~ stall ~ tlm Pras}zsrty.
<br />` nott>ce tali £nrtirer imform ilansroxer of the to safe after ar~taa aad the to aase€t tu.:,a tor~l~are
<br />prsoataadlt~ iRe per-eat~te o€ a de~aelt ar tmy otter tied of Bornrwar to aecekratfon asut tarectaaure. 14 the breach
<br />ke not rt4red an or before the date ~ In-the notice, laadr-r at Lrrxter'e aetion may declare all of ties mss reared by
<br />tls~ Mocigags to be ~raee£lafe#J' dare sad payat~ xidseut fartlcer derrntnd sad ropy forecio~ by judicial proreediag. Lender
<br />!r ~ to ~t it; aB ea~rsra tit forerlK :ere, Indus, twt-tint Nmited to. coats of daenrmntary
<br />ss; ~~ anal iitla rpe Wis.
<br />19. 6Qr3+t'rraYB li~Or W #cEx#tt. Nis ,`iiihStarta'ing l.vsid"cr'S as'.~`clcruiivr~ of 2ho =u5 nuii.c-"aa by 'lti3 .u•nrtga~..,
<br />13prrartsr sltail ltsVe the rlgitt to ltsve soy pror:ings %rgun by lender is eniarce this Moeigage dlsevatinusd ci any limn;
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