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F s d+Fr"= ,i ~ li¢t't ~rd~:tre.*at ;,. ^Ytiicatt',4 ire. B r ~v r ~, p! . ,?;~ a~tn:f^° ,: ,t n.a!2ga?„~t :nn ararce prep , m. i-e the
<br />tY}.d1c97'1 s':r 'w.lj0i s~b'ilCi~'.;I:J ';: k9~Jer tR3".:*.'a!?ra~i";4 ? tyr~t.
<br />.~.n• arrtcfuruits dislsur+>r~d ;- I~:ntler !starsrtzat ts,; ~,it: garEgraplt 7. wi,h inttr~'.! tH~res;n, six: #'t ~°c~~me a3ditiaaal
<br />(Y:~~-tJ'.'Ed':25s ^.i i',?!"raC6er $.~Cllr°:i (7} t^i4 [':'!alit aft:- I.. ni°3i ~airiiwC'r en~u i.cS2Ci~C cf^Z'~ to vIF3CT t2.T,3i ," rayrn.E:i2, Salcit
<br />- ~ ~t"- - '?'- j- ---°.~ -:~; r-r'" - --- ~-_m,fn_ -^ Bnrrn ~- . n~ p=ymeng - ,sre~`f-ate el;all ham, int?.,.~ fraT the
<br />d fe of disburs:r.-ee;xt^atpthe :a?a pay2b?~ :*otrs tuna to tir.~e <~n cu*standin~2 IIrincilai und~* tif~ 1~%etz t~nlr>s'paytr,~nt of
<br />in*e,^t~st at such rats wand b contract to applica~= law. in which Fyne se-rh arn~•_nts slam? czar interest aT the higltesg rage
<br />pef-missib:t tft;~itr applicable law. ;tiotrin¢ tantaintd in ibis pasagrapif 7 shad require Lender to incur any expense or take
<br />any a=-tion hereunder,
<br />it, InspeCtiott. Lender may melee ar ea,fse to bt made reasonable entries upon and inspections of the Properly, gravided
<br />that Lender stroll give Harrower notice prier to any swell inspection sped"tying reasonable cai.s:: Ytftrefar related to Leader's
<br />interest in the PrapCrta.
<br />4. €'onderanalion. The proceeds of ang~ award or claim for damages, direct ar consequential, in Cannectian with any
<br />Candetn.~atian ar athi;. taking of rite Proper y, ar pea t thereof, cr foi sanveyaf;~ in ii=_c o` ccndeennatian. art hereby a~.;~ignpd
<br />and Sltalf v~ pafd to L eider.
<br />I^ tl^ri, event of a total °'king of tl`n: Pr^_;erti', the proceeds shall be applied to the sums secured by this Mortgage,
<br />with the excess, if any, paid to Borrower. In the steal of a partial taking of the Property. untess Bar rawer and Lender
<br />otherwise agree in writing, 'here shall txa applied to the sums secured by ibis Mortgage such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums seCU:ed by this Tstartgage immedi~telJ gear to rite date of
<br />taz:irg bears to the fair market valets of The Property immediately prier to ti;e date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is alfandened by Borrower. or if, after notice by Lender to Borrower thaT the condemnor offers to make
<br />an award a tttlC a claim for damages. Harrower fails to respitnd to Lender within 3Q days after the date Bach notice is
<br />mailed, €,ender is authorized to taliect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured by this Mortgage.
<br />Unless Lender and Borrower otherwise agree in writing. any such application of proceeds ±o principal shall not extend
<br />ar postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change the amotant of
<br />such installments.
<br />#ED. laueerawer Not ;gelx~ed. Extension of the rme far payment or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to any successor in interest of Borrower shall net operate to release. in any manner,
<br />the liability of ells original Harrower and Borrower's successors 'tn interest. Leader she"_ _.at be required to camtnence
<br />gr~zedings against such successor or refuse co extend time for payment or otherwise f.:adity amartizatior. of the sums
<br />sectfree by this irloitgage by reason of arty tlernand r-rude by rite original Br3r~o-•vcr anti nu~ra;,-ci s s-,+t~~,s ~ - ~,.
<br />iL Foeiite;aaraeece by Leeedtr Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not be a wairver of or preclude the exercise of any such right-or remedy.
<br />'T'ire procuretn-nt of irsts.~nce or !~!te asrrent of r:~es ar ether liens or charges by Lender shall not i~ a waiver of Lender's
<br />right to ateettratt the maturity of the indebtedness secured by Yhis Mortgage.
<br />12. Reeteedles Cumulative. All remedies provided in Phis Mortgage are distinct and cumutative to any other right or
<br />remedy under this Mortgage or afforded by law or equity, and may be exercised concurrently, independently or successively.
<br />#3, Successors and Anus Bnueetl; Joint and Several I.iabOkp; Captfwes. T::e covenants and agreements herein
<br />contained shalt bind, and the rights hereunder shelf inane to, the respective successors and assigns of Lender and Borrower,
<br />subject to the provisions of. paragraph 17 hereof. AlI covenants and agreements of Borrower shall Lie joint and several.
<br />The captions and headings of the paragraphs of this Mortgage are for convenience only and are not to be used to
<br />interpret or-define the provisions hereof.
<br />i4. Natite. Except for any notice required under applicable law to be given in another manner. (a) any notice to
<br />Borrower provided for in Phis Mortgage shall be given by ma(ling such notice by Certified mail addressed to Borrower at
<br />the Property Address ar of such other address as Borrower may designate by notice to Lender as provided herein, and
<br />fb} any notice to Linder shall bt given by certified mail, return receipt requested, to Lender's address stated herein or to
<br />such other address as Leefder may designate by notice to Borrower as provided herein. Any notice provided far in this
<br />Mortgage shalt be deemed to have beta given to Borrower or Lender when given in the manner aesignated herein.
<br />13. Y;nifornt ~?oe`~r~e; ~vtmiug Law; geverab~Iity. "this farm of mortgage Comisines uniform eovenanu far naSot:al
<br />Usti and „~-uniform utv~ants ~ ° h itmited variatia,~s S ;arisdittioa to to nstittKe a u ~ ar :t s..~v.ity inst,~x::ert Co:~rin4
<br />real pro~rlw. 'T`his Mcrtgagt shall ~ go;~rned by the la;R of the ;urisdiCtian in which ti3e Property is '~;tted-. I rr~
<br />vent t?tat arty gravtsfott or clsuse at thisYlart9age ar the !gate Canr3tts with app!fta?~!t law, sutra Can!tfet shall „i,e a
<br />e
<br />. L.....
<br />~.i~ ~_ '-' R~ i,it 1t_~__~ Crr at_ at,-at2 4 _L _ _ vu~t 4~ ....«a~4. .. ..d ~itf+
<br />e, lvs-SSi_xr_- 2T2Lri#KaQC tic w,li,a 5~alx ~ EIF2n G n°itSlV61s f x,113 t u5~ _V[vr ~a~rjs, a+,- t.^ss
<br />end t_he crsvisians of ttte ;l4artasee and the Note are declared to ;+e sews-table-
<br />- _ - -_~
<br />iii. Borrower's t;opp. Borrower shall be furnished a conformed copy of the Note and of this Mortgage at the titres
<br />of execution or after retardation hereof.
<br />11. Tra~fer oP the Fraprzty; Assetenption. If all or any part of the Property ar an interest theeein is sold or transferred
<br />by Borrower without Lender's prior written Consent, excluding (a) the creation of a lien ar encumbrance subordinate to
<br />this Mortgage, (b) the creatfan of a purchase money security interest for household appliances, (c) a trans€er by devise.
<br />descent ar 6y operation of lacy upon the death of a joint tenant ar (d} the grant of any leusehdd interest of threw years oe less
<br />net containing art ogtfon to gurthase, Lender may, at Lender's option, declare af{ the sums secured by This Mortgage to ~
<br />immediately due and payable. Lender shall have waived such option to accelerate if, prior to the sale ar transfer, Lender
<br />and the per=an to whom fire Property is to be sold ar transferred reach agreemnnt in writing that the Credit of such person
<br />is satisfactory to Lender and that the interest payable an the sums secured by this Mortgage shall be at such rate as Lander
<br />Shall request. If Lender has waived rite option to acteierate provided in this paragraph 17, and if Borrower's successor in
<br />interest has executed a written assumption agreement accepted in writing by Lender, Lender shall release Borrower from all
<br />obligations under this Mortgage attd fife ]Vote.
<br />If Lauder exercises such apt'rar, to atcelsrate, Lender shall mail Borrower nati:,e of aceeleration in aCCerdante with
<br />paragraph I4 Ixereo#. Such notice shall provide a period of not less than ~0 days from the date- the native is maned within
<br />which Serrawer may pay the sums declared due. if Borrower fails ro pay such sums prior to the expiration of such period,
<br />Lender may, withoctt further notice ar demand an Borrower, invoke any remedies permitted by paragraph 18 hereof.
<br />N^*:el?:~sYt:~~ :~:a~urs P.orrows. and Lender ffsrtlftr Covenant and egret as falla+r_s:
<br />dS. Aceeke°atioa; Remesdks. Percept ~ pravl~d in paragraph 17 hereof, eepon ~rtrrowesse hraafcA of any tnveuaut or
<br />~estt ~ Sssri~r itt the ~iortga~, i€stsd#r~ the coveuants to ,may wbca d~ app spate setrrefed by ibk ~,
<br />i,~d=s s io a~talett~&tn •r7 to Sentsorer as ~d 'ere is sg~c'tpl: {4) 4~ >>tra63t;
<br />q2j the aeiinn rz4ral~d to ruse sttc6 bretsrh; (3; a dst&, sat leer rhos 38 days from the dme the etotin to mailed to Borrower,
<br />hp ~rizfc s,;_7 i5.~:ach ~->~~ tf f~stcc t€r ~tb -SCJt nu ~ before tf~- ~ in the nstFen
<br />ttm$f rat: in aca:~ ~ ~ assets setatued by t>a~ A3,1#oretbaure lap ~dic~l pmceecihfg a»d axle of tine I'roperty-
<br />'lfTte atntice shaJi furttx-r i~oz~ Baaa~ower of the right to reht~e aceetern sad the light to assert iu lire foretlle$are
<br />. gtos~dlug tI>,c non-ettc4 tf d tl~rtult ~ auv o +kfehtse of Hbrrhti-er to rceettirattutn sad fotreclosure, If file breach
<br />fs_ fisted on ur Deiot'rt-the Jets ttsien ~c uotireE t,eader ar Lsndor'a oiftfigs snap declare aB of Phe sums secaeed by
<br />-~~°dr io i+e !>xn Jere aced ps„vttbitf without irtrtiaer ~!rretand tmd map foreclose br jsdiclal proeeediug. Lender
<br />~#~ ~ to t~ stxeb ex ~-€~; ~; #~ ifm ~ casts nf-d~umestary
<br />e~ce amtrscis a~ title r~a~.
<br />#7. r'rot~vs = to - - ;vonvi:i{standing Latuter`s ac~eietation of rite sums secured $y this Marfgage,
<br />_. °~ --.~._ ..._ ~x ~e ~~~-~', ~ '- - ~- p by ~~ -E.°~ ms's M~.,.~a~~ di~,1 ,~.. ~ ~. ti'f
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