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~~r~~_ .all - . _.._ . r. ~FF-~ .~.d_ %',7- _ _` , _, ._._ _ .. ...-... _ ., _. ~ ._,.._ _ - ..... ,.. ---
<br />' arnrtr-.a .yis27~.'rsaa ins Lent.,, y..r>;!arr ;iris paraeray,- ,_, _,. - sn~,: _,c~me add.±;r~ ;ai
<br />..,.,eb~ w. ,...., 4, nr.;ra~.. `ewureG` I3'• ~'c 'tcaa€. pi::;'ec: #?nr- .. "- '' '_. __ _ ~.F: -. .. ..... :'!' pt;'r:~,^.,.
<br />`aetr;= - srs ,._ u~°.an no'.i_e r cr•t amender tc %arrewer r :.=ue+tis:; ; ~^- r i _ -. at,7 s;;a`I ~ er itt~*.,t from the
<br />;tarn ai ~`i5l>`49'~'_~rYt at-t tfe rat:; aya~'•'-~., frG,n - `O f1?ri? a`ut5tar.dir°'jii;=s~ij~„; Zy tt7cr t~ '-. atC -„-_ ~a9rna"3? of
<br />interest rtt st3szi etc ~v.viti~ t~:. contrary to appiitableVlaw, in which e•aent such an.~^;snts shad bear interestLat~tY;e highest rate
<br />t °r.^iissibl-° under applicable lace. ?+Iafh ng contained ... ~,,. r aph r sliali recta=._ I
<br />_ _ender to in~~r any e=qtr-~ o• =glee
<br />anc aciia iiereurid~ . 'S n2 a„ ~ ~;-
<br />` 8. Irrspectlan. Lender may make; ar cause to be made reasonable ertrie, upon and inspzc#ians of the Property. provided
<br />-_- that Lender shall aeve Barrawer notice prior to env such inspection -tfvtng reasonable rzu < therefor related to Lenders
<br />_- intone in the Pra~rty. <p~ ~ -
<br />~~, >. Candetttnafiotr. i ne proceeds of any av.ard ar claim Tar damages. direct or consequential, in cannectioz< with any
<br />~> cendemnatian ar otlter taking of the Properr°. or part Thereof. ar for convwance in lieu of candemnatien, are hereby ~,.ssigned
<br />and shad be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds sha#1 be applied to the se :ms secttred by this Marigage.
<br />u`ith ttte excess. if any. paid to Barrawer. Ir. the event of a partial taking of t're Property. unless Borrower and Lender
<br />~ otherwise agree in writing, there shall be applied to the sums ses:ured Iry this Mortgage such proportion of the proceeds
<br />~., as is eoual to that proportion which the arnaunt of the sums secured Icy this Yfortgage immediately prim to the date of
<br />ta3cing bears to the #air market valite of the Property immed;ately prior to the date of taking, wirh the balance of the proceeds
<br />r>id to Barrawer.
<br />If rite Property is abandoned by Borrower, or if. after notice by Lender to Bormwzr that the condemnor offers to make
<br />an award ar settIe a claim far damages. Borrower fails fo responC to 7_ender within 30 days after the date such notice is
<br />mailed, Lender is authorized io collect and apply the proceeds. at Lenders option, either to restoration or repair of tht
<br />Property or fo the sums secured by this Mortgage.
<br />Unless Lender and Borrower otherwise agree in writing, any such application er prxeeds is princ'spai shall not extend
<br />ar postpone the due date of the monthly installments referred to ir. paragraphs 1 and 2 hereof or change the amount of
<br />such installments.
<br />I6. Eorrawer Not Released. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender io any successor in imerest of Borrower shall not operate to release, in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest Lender shall not be required to catnmence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secur!•d by this Mortgage by reason of any demand made by the original Harrower and Borrower's successors in interest.
<br />I;. ~rrebeart~e 6y ~ Riot a -raiver, Any forbearance by Lender in exercising any .*ight or remedy hereunder. or
<br />athetwls~ afforded by applicable law, shall nai be a waiver of or preclude the exercise of any such right or remedy.
<br />?'hr pro..--ttFem;;n# of irstuance ur the payment of taxes or other liens ar charges by Lender shaft not be a u-aiver of Ltnder's
<br />right to at:s.~lerate the maturity of the indebtedness secured by this Mortgage.
<br />f2. Retnedfes CumulaPlva All remedies provided in this Ivfartgage are distinct and cumulative to any other right or
<br />remedy under this Mortgage ar afforded by law or equity, and may be exercised concurrently', i--:lependently or successively.
<br />I3. Ssceessors astl A~ ~inttd; 3aiat gad Several Liaht'Hty; CaptioBS. T'fte covenanzs and agreements hi'roin
<br />contained shall bind, and Lhe rights hereunder shall inure to, the respective successors and assigns of Lendtr and Borrower,
<br />subject to the provisions of paragraph 17 hereof. Ail covenants and agreements of Barrawer shall iw jaiti± and ~vtral.
<br />The captions and headings of the paragraphs of this Mortgage are for convenience only and are not to bt used to
<br />int4rpret err define t,u. provisions htr sf.
<br />f4. Notice. E?xcept for any notice required under applicable law to be given in another manner. Ca} any notice to
<br />Borrower provided for in this Mortgage shall 6e given by mailing such notice b}• certified mail addressed to Borrower at
<br />rile Frnperty Address or at such other address as Borrower may designate by native to Lender as provided herein, and
<br />(b) any notice to Lender shall be given by certified mail, return receipt requested, to Lenders address stated herein or fo
<br />su~°li otlt`r scldress ss Lender may designate by aatiee to Ifarrauer as ptvvided herein. Arty nattce provided for in this
<br />Mnr°gage s_t*¢II he dKt'nAa ±-^_- Isavo ?~^^ 8 „n to Barra~•er or Le^~er when givrn in tilt °°~nner d~ignat~, nr~s'n,
<br />f6. Clnifotm Morse; Governing Law: Severah~ty. Ttsis farm of mortgage combines uniform covenants for national
<br />use and non-uniform covenants with limited variations by iurisdictian to constitute a uniform security instrument covering
<br />real property. 'l~i' its i:iartgage shall to geverttad Ery the lah° a€ the jnrfslfctiu in wltiah the i"rapetty is la~tttl, In the
<br />evein the. any nrnvisian nr ela•icn of rhi. A9a~Lage_ nr the ?slots canfl3cts with o^plicahle 14ti• ucfi c~a~ct rhail ~,,. aff.~=
<br />ether provisions a` this M.artgage or fire Nate which can be. given etTect without the canfliefing provision, and to this
<br />..,. t,. ~ix.;r~ " tfsG Ms~o i~zsgc-at'ad Tice Nat2 sic dom.#de-s=u icy `ac severab'fe.
<br />=s =;=~~w~ Qf Cap;. ~ ~c~r sh all be fttrnislied a canfar~rtcd ~npy of ehe Fdisi; grid of tins Mar~gag,r ~ the _t
<br />of execution or after recordation hereof.
<br />f7. 1't~sfer o€ the Property; Ara$amlalloa, If al! or any part of the Property or an interest therein is said or transferred
<br />by Borrower without Lender's prior written consent, excluding (a} the creation of a lien ar encumbrance subordinatt to
<br />this Martgag:, (b) the ceeatian of a purchase money security interest for household appliances, (c) a transfer by devise,
<br />descent or 6y operation of law upon the dtath of a joint tenant or (d} the grant of any leasehold interest of three years or less
<br />not containing an option So purchase, Lender may, at Lender's option, declare all the sums secured by this Mortgage to ne
<br />immediately due and payable_ Lender shad have waived such option in accelerate if, prior to the sale oe transfer, Leader
<br />and the person to whom the Property is to be sold nr transferred reach agreement in writing that the credit of such person
<br />is satisfactory to Lender and that the interest payable on the sums secured by this Mortgage shall ~ ai such rate a_s Lender
<br />shalt request. If Lender has waived tht option to accelerate provided in this paragraph 17, and iF Harrnwe_r'c ciusc~enr in
<br />inttrest has executed a written assumption agreement accepted in writing by Lender, Lender shall release Borrower from all
<br />obligalians under this Martgago and the Nate.
<br />If Let~,t~r excraises such option to accelerate, Lender shall mail Harrower notiCC' of ac-ceteraticn in accordance with
<br />paragraph Iv licreaf. Saich notice snail provide a period of eat less than 3Ci days from the dais the notice is mailed within
<br />which Borrower may pay the sums declared due. if Borrower fails to par such sums prior in the cxpiratiar: of Bitch period,
<br />Ixnder may, without furthtr notice or demand an iforrower, invoke any remedies permitted by paragraph 18 hereof.
<br />.~~_ -~-:r=~M ~~ ~s=n~aa.:3arr-and L+ader fut5itat cirveuant and agree as fa'itaws:
<br />Ill. 1 R~ ~rt'ept rs prsvd ~ . a"~sa~ ; 7 L"r~f, B..~a't:'3 w:,.tth cf ~ cavs~:at ae:
<br />ssgrreeateat of Suaoxer iu th& IMncigage, ittrftt+A~g rite covenatNs to pay when doe env soma secm~dl 9y this Mortgage,
<br />> ~- t asitiee to ftoi'€otver ~ pmvitltd in ld hcreir# sari#,i~: {2} the trreach;
<br />{~, ~ alt; {3} ~ dste~ not.fees ttaira 3B days-Frost rite t the tt8tfee is atarTed is Borroweq
<br />~?.w>bich spch-~va~h tta [x cared; sod {4):that FirOetrc to 5uc4_breach oft or 4t:Yttre t>tt daft sper36ed to the rootlet
<br />ttln of ttit sn»~ +stcnrefd ~y this tfurti#age, foirectosure ty jsdiclsl proreedt itttd smfe of the f'ro~erty:
<br />']I~ rssffre r ft~ther ~ess+ If~rzasrei• sF' the rfgtii to rktiiutate a#~,r aec€letration attd the right to asstrt in ttte fortclasore
<br />ete~saq the re~iate>ate f a dtf>:ult cut any' other deFenx efBorroiier:to ratftot+ and fot~3QSrra. IF t~ i`reaeh
<br />is..at eurrJ v- v: 9efar€ ~ data sr, cif:ail rn 3hx ttaiire, I.erdEr at Lender's optfaa ~y declare elf of the su®s seeuetd by
<br />8ltis Marte,*age taint.-. doe sad. payable veit3tuut further demand and y fareclnse by jadielsl prtueeding. Lender
<br />,.wyy b;. rrw!{ct3 tt: t'a]Ixet ~_~:.~ rr:.:.e:wl~ ~ 2s~.r~, of ft;rzelosnrzf iaeitttBytg, het eat ifed to, eos4t; of dcearattttsr~t°
<br />evEdencc, attr9tratts- fide rEpa[~.
<br />19. laerrswcr*s t ~ I2eli~tale. Nutwilhstandipg-.L.ettder's acceleration of the- sums secured by this Marteaae,
<br />Borra•.ver shall Have-the-tight to Gave. any pr.>ceerlings hcgitn by l.ciader to t.iforce this Mortgage discontinued at any time
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