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1 of, C"7C4e Dd ,'., r3't,;€:rrr€~ I~- ~.{:]r, .tat+° •;t [dir. '.i ... ::Ills. i..... ~~~'i °r•,: Y+: _- 'w ,
<br />-~ { y--u:{rain, s. I a''. ..r r*•tn1 rj-
<br />r!°;ara~,t thi t+tr:o.tr:t ttl. s~ucf :~-Iwt.a`s,n:x.*~1',.
<br />Ifl~. Borrower No+ Cleiecra+ed. Ext+:ru»iu'~I r.~l' tt:a„ tntH~ ittit t,~ ,E:~:,t ter irstµl¢fir,~ar~,u.r:: of .~rutarrL,r.atiCx; zsi' ti~rr auras
<br />;eruriw~d by this h~tisat:gsyge graotecl :ay ?,ender to arty -;t+~craaou~ rn apt;urea of Borro~."a r slz€.i1 not et;rerat,c to retie.
<br />in any trtanner, the tisbilit}- of the original liorrowcr and Bottmxer- surce_~sors m irteresz- Lender shall not be
<br />required to commence proceedings against such suce+>bsur ~; •civsc to txtend tirnc for payment or otherwise modify
<br />amortisstmn of ttte sums secured by this \lortga~e icy censor: of any demartd made b3' the orgirat Botr!wer and
<br />Borcow~•'s succ~aors in itstereat.
<br />It. Ferbe~ee by leodar Not a Wadvar. any forbearance by T.ecrder in exercising any right or remedy
<br />h•eteurtder, or otherwise afforded icy applicable law, shall not lie a waiver of or preclude the exercise of any right
<br />~ or remedy hereunder. The procurement of insurance or the payment of taxer: or other liens or etrarg~ by Lender
<br />..j aha11 not be a waiver of Lender's right to acee!erate the maturity of the indehtzaness secured by tut;, Aiotigage.
<br />~, I2. Rarae+liwr Camulative. Alt remedies provided in this Mortgage are dist.inrt and cumulatire to any other
<br />~ right or retriedy urder this Mortgage or uftorricd by law or cquny. and may br exercised rorcuttently, itdeptrttd-
<br />etrtty ~ attaceasiveiy.
<br />~ 13. $txarssers sad Arraigns Bound: Iaiat and Several Liability: Captions, The covenants ant! agreeme>na
<br />herein eantsirred shall bmd, and lire right: !:ereunder shalt inure to, ttte t•espertivc sueceasarb and a~rgas of Leader
<br />~ and Borrower, annjert w the provisions of paragraph I; hernof. All covenants and agreements of Borrower shaft
<br />~ be joint and several. The raptioir., and headings of t!.+• par•agrsph~ of this \lortgage are for convenience anly and
<br />1e are tmi to be ttited im interpret. or drSne the nroviaions hereof. •
<br />14. Notice. Any notice to Borrower provt+ii~ci for m thr \lortgagr .hall tx• given by marling such troller by
<br />rectified rtrail addressed ttr Borrower at the Prot.erty Address .tats! tx•low. except fa un}• notirr required under
<br />paragraph IS hereof to be given to Borrower ur thr manner pt~cecntxrt by apirhrahlc law .ny notice provided
<br />for in thin Mortgage shall t+e deeme+f to hayc hceu gn•en to Bon•awer wiu•n ytiven m the manner destRnated herein.
<br />t5. tfaifsem Dtestyage: Cwvoraing Law: Severabilitp. Ttur< forn~ of mort-gar:, rambitter< trnifarm covenants
<br />Gu rrtt+ti~al tae and non-uniform coveeanW with limitri vansUOns by turiadictior. to co~st:tute a tmiiorm tis>w-
<br />rity iarrEniment covericg rest property. This Mortgage shall Ire governed by the law of the jtrrisdietioo in wbieb
<br />the I'ropatty m located. In the scent that any provision ar clause of thrs »ortgsge or the Noes eor-6iets with
<br />appiiadde Iaw, such eon(fict shall not affect other provisions of this Mortgage or the !Vote which can be Ova
<br />tsafttst witthetrt the rnaflictiug provision, and to this end rue pioviaiona of the \fattgayr and the No6e are declared
<br />to b! etrtraeaMe.
<br />N. Sanv~'a Copp. Harrower shs11 be furnished s conformed copy of thss Mortgage at the rims of ~-
<br />taoo oe rtrfRar ttecordation hereof.
<br />I7. i5rasssler d the Properf>': Attnrmptiete. It a!I or any part of the Property or an interest thet~rio ie etttld
<br />~ ttaosftnrad by t3sugowrr without Lender's prior written consent. excluding tat the creation of a lien sr etttrta-
<br />baeee arbordinate to this kiortgage, ! b) the creation of a ptrreharr money security intstest far hotteabeid appti-
<br />trasas, (el a transfer by devias, d+!acent or by operation of tan upon thr death of a joint traraat or fdt the grant ~
<br />aapz Ittaasheld interest of th. ce yearn or less not contsiniog an option to pur+ciraac, L.-rider reap, st l.wdar's apGiw,
<br />deetve alt the strmit si!rured by this Mortgitige to be irruuodiatety due aMt pryablc Lender shall have warred suelt
<br />option to aerelerate if, prior tr the sale or transfer, bender acrd the irerson to whom thr t'rnper!v a to be soft} ar
<br />trartsfermf reach agreemeni in writing that the credit of such lrerson is satafacton• to Ixnder aril thet the interest
<br />payable tro the soma secured by this lfortgsge shall be at such rate as Ixttder steal! m+tuest If Ixnder tras waived
<br />the to sccelrrats provided in this paragraph 17 and if Borrower s sueressar in rntervst teas ertectrttri a wtit-
<br />tea assumptioc agresmertt accepted in venting by Lender, Lender strati release Burrower from ail obliYyatiooa under
<br />this 1./ost~agrr and the !Vote.
<br />N I.ttiitttss ~ ra~tr optiait to ae6alrrate, I.eeder sl'.att conic Borrower tiratire of a~ratwa m atxet>~inee
<br />s, I t...-; -a: r
<br />~ragrap+. 4 ,~ ~c+. 5s;rs. n::tr~e s:ra;i prticide a la•~iai of ni.+ icy ti.~e 3U days try ttrr date the nutli@ is
<br />rtwHed tv~itia whrrh t3orrvaer may pay the alma declared due. If Borrow€~r farffi eo !utv ~.urh .un>. prior to the
<br />of slt~ pit~il, Isrufer may. wrttrarrt furtlrrr ncrtu•e er +lrrnsry+i .+zr -to-..,ter, t^vt3~ir s.^•y i~ pt}r-
<br />stii~sd trr Ill hireat
<br />!3na_I ~YfIY'\YY t'ngs rpK~. ~ort`o ~'€r A ;:-1 I,: tril€r ft; rt h~-r +°+. :+trA~rt anti r•~ ,,. S'4ClL'~~:
<br />lit. ~ IrrvfN rr,r {+rasi'1+lt"+l in l+r~ragrty.<; 17 i~•trot. ut~:±: 8vrrr-tcrr'x brEaeh of snv
<br />twtreaaat or agrsesaettt of Bortoower in thrs \tortga{tc. inr!udtnA the corenantx to pay wtrett dtr+• any sums secured
<br />by ibis :tlortgagc, I.eneier pear to acreteratron .bait nuul notirc to Borrow+•r ai. I+rovr+itri m iurragnfrh 14 hereof
<br />specifying: (11 rue breach: r2t the urtwn re+twiY.1 tb etttk I~t';'1J1 a!!;'clatr. rat less ttran thirty days
<br />front the date the nauce r:< ursile+i to ltorrowrr. !rv ++!rirh sttClAch'iiTiBt ire ttiR~„ amt ~ i ~ ttrat [allure to cure
<br />.~_ ,
<br />such ut~ch on or betare the date sprriftetl iu the uotiec n+riy resuT in 'sen+~eretiwi of th+• sums se+•ured by this
<br />Wortgage trtul sate at the Yrgwrty If the breach is nut rUR`d en ur tn•fwr the date apecttief ur Urc notice, I.eu+ier
<br />st Lender's o#rtion uuy declare all of the rtunu secured by taus ~ortgagc to trr imrtrediately dta and payable
<br />without furtherdenrand and may forertttr+• thu ilnrtgage b}' }tr.iiria! prtx•eidinK Len+lrr shall I.e cntrtlyd to collect
<br />m such l~roceedrng a!I ex{+et:.'<es nr uree!sraun` ::rr!t:<lma. but n:rt !n:rttr„ ter. .'ont+ of doeuurcntary r'vidrrree,
<br />abatraets and title reports.
<br />t!. Iksr'awer's YIig51 m ReiaslaU. \'utwittratarr+itrrg Letxfers accet+•ratuw of the sirrru areutY+d by thrs
<br />Tortgage, Boatower steal! have the right tc? hac= au: proeeedityt. trgun by t.ctxicr to cnfarce ihh+ 1lartgage dis-
<br />rtoYtiatNd #t nay rims pttiar ~ celery ad a Itrdgtaent eatptenig for afortgagr if: lal llorretrer {taus I.ttadst tiB
<br />rtrtraw~tt ttttw)bd 6e Urea tkse trader thin hiortttagr, the Note sad natter tieeneiag Ftrture Ad*nrrors, if aeT, had tat-
<br />~t eeetvred; (bl lerevtrer cuter all br~rher at any other reretattts or ware«rnertts of Betttrtrer tmrr-
<br />tsimad is this Moitpge; (e) Borrower pays all reasorwbic exl+enres ieeurre+i by f rndrr in enfotring tut' rarensnta
<br />slid -of )i`r eantained in thin kfotiftage srxi in rrifatring f,rtnler•r+ rrmediea ss praridtd in para-
<br />~ 1f it~t[ttt, iaelttd~, lw6 riot tiztrited to, roasonabk auort-ey's Et~ea: ami tdt Bortoater taken such stltimr ra
<br />L~fit` ~ reaeaatkly rogtttrs tQ assure that the ilea of Lhb Jlortgage, I.ecrder~s Interest In the 1Property sad
<br />)~et"'+ ottt~stooa #o py~ tote stints sseumt Ay thin ~Yo!f1~e »hall tmntintte uaiatpait+ed. T?pmt suoh payment
<br />gad Abet ~ ~stt•+tyndt+ ti3is lf~lt~catxt ibe attTtonrt t~actrred htrteby shalt remain in ir1l torte acrd elfrct as if
<br />maa~rtioiq IW.t oeoulsed.
<br />'~' ~'~ ~ ~ ~ leraiar is >tesaeadea. Ae uiditiatrst aectrrity here-
<br />t,'~OSlplls.r hterrby attune to )rat tae rer~ta ot'the Ptttrperty, provided that Borrower shall,
<br />rtitssa tmdi6r ~ 1B hereof m' ~ d the Prior to strelrr-
<br />Y bee0etze tYue ~ ~~~ Fraytarty, !rave the right to collect stn! retain such rents
<br />or ~ tW1i'aaoateratiwt antNr paragit#plt 1~ !!t~rt~t~ or of the Yropelty, Ixrttter, m txraim, by agent
<br />Icy tttett receiver atutlt ht' atRtitttd to t~tttrr tgxetr, take fxrseesaion ai anci manage tut Property
<br />sad to ootlsct the ronta of rite >?relterty, irtetludag tlatrse Irttrt dve..~ti rents eolleeted !ry Lender or the receiver
<br />steal! be spptia! ftTSt to payment of the eostrr of Cna[rat(en5ent of the Prirlu•rtv and cofleM ton o1 rent.., inriudrnK. tart
<br />cwt limitRd to, rcreiver's f. ~, premiums ~n receiver's fronds and rcatsonaMc attorney'. fec~ :u:d thin trr the ~wn~
<br />sect»ed 5y this iortgage. bender and tt,e receiver s'iall lw Gatrle to xccaum un h• for those n•nt> yr`Inally rp,=q;yp,i
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