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<br />rl.~rg,p. C~t~k: .~.~, -. ~ ., ii ;na.: ~:nttr• <br />Itt. Bormvwer l"bot ltel~sect. !^; err a,r-- ~ -;~,1~ -.rh i+~ ,:~ n-~=:; .. ~.. ,,, ~.~~^+..,,•~ _,,,t;rv;r +Irs; ~-,, *r e ss ~.ttr~r <br />~eeured by tlrie Finrtgage grsrred !,. I•errcter to xr,~= ~ur~<e~urr m ,ntrrr.r r,i Csorr„u,~r =unlf n,i! operate u, release. <br />ro uny ,canner. the iiai,tiih: of t<:c originsi i5or~r.,-; anrt 6orraa~cr < =urc~sers eri ;ntereR- Lader ~hati ,ot be <br />required t.o rnmrnrrce t+rocee+itngs aga,rKr .;:.-i, vr+~r•.rar or rriuk• ro extrmi time for payment or r+:herwise modify <br />amortizatron ni :he ,_.ars secured by th,> `tnngsRc ~:e rras<m of um demand made by the origrnal borrower ar:d <br />Borrower`s succesrsore i!, lnterest- <br />11. Forbettrrmrca by Larder Not a Wmva. :1ny forbearance by ;.enuer m exercising any t•igi3t or remedy <br />hereunder, or otherwise afforded by :.ppIicablc law. shall not he a water of or Preclude the exerciee of any right <br />ox remedy hereunder The procuretnrnk of insuranre or tLe Payment of taxen or other liens or charges by Lender <br />shall nog t,e a waiver of bender's right to accelerate, the maturity of the indebtednc~ts secured by this Mortgage. <br />11 Bamedies Cumulative. rtil rer:reciies providtt! in this liortgage a^e distinct atxl cumulative to aay other <br />right rx remedy under this \lortgagc or atinrdcd by lee or rqurn•. and may Ire a:ercised concurrently. itulepend- <br />Prttly br tit;CCe~°1VCIY. <br />iS. 9oceopora and /tari~n tSotmd: Joint and $everal Liability; Captiaea. The covenant, and agreements <br />hareia contained shall bind, and the rights hereunder ehal! more to, the respective succeseora and asigts of Ir,Ader <br />atul Hottower, subject to the provisions cf l+aral;raph 1 i hereof.:t!! covenants and agreements of Borrower Mall <br />t'x joint and several. The captions and hesdinRs of the paragraphs of this \tortRa~ are for convenience only and <br />are Trot to he seed Lo interpret or define the nroviaions hereof. <br />li, Notioa. Any notice to Borrower providedi for in this ylortgagc• shall be gtvrn by tnaihrtg Pueh ruA.iee by <br />certrfied rnai! sddresse+i to Borrower at tl:r Prnlwrty Addn~ rtnterl tx•low. c-xcrlrt for any notice required under <br />paragrapl. 18 hereof u~ ire given to Borronrr in the nrannrr lrrcscnbecf by a}rync~able Iaw.:tny notice provided <br />for in this \[ortgage Thal! ire deemtvi to have been given to Borrower wh•~n t;i+cu m the taanner tieat6nated herein. <br />lb, lmiloar liostynye: t;sotresniay Law: s..rrabisty. 'Chi, fonn of :rtortgage combines uniform eovcASnts <br />tof aatiaoal rue and non-uniform covenants with limited variations by jurisdiction to conatitttte a ttsiform aaas- <br />~r iaststraaaat covering real property. This \tort6age shall be governed by the law of the jurisdiatios iA rrhidt <br />the Peaparty is boated. In the event that any provision or clause of this MottgaRe or the Noce eeAeiets tills <br />ttp~i law, rw¢6 casHict shall not affect other provisions of this \1ort~e or the Noce rrhioh can be ~irit <br />s~et~kwiRlNttt tJtn oootiieLing provision, and to this end the provisions of the lfortsa>;e sad the Note are deeaaead <br />N be w.aesHs. <br />li. lirrtwos"e Cely. Btmower aha11 lee furnidted a confornsetl Dopy of this ltfurtgage at the bass of saw- <br />ties or after reeerdatimr hmeof. <br />it. !l~elier ai fie TroWsAT: It all or soy part of the Property of sn itttarast theettia ie naN <br />~ tratrstot:ad by Borrower without Lender's prior written coruent, excluding (a) the creaties of a lies ter ~- <br />brauoa wtboedioate a this a#ortgt~e, tb) tJm erration of a purohase mosey aectrritg irsterraet for hoaaaheid appit- <br />aaotts, (el a ttatufer by devise, deaoatt or by operation of law tywn the Beath of a joust tewast or (dt the pMt st <br />asi teaaeiesW it>tereet of Lhne years er las not, cantaiairrg an option to P-, Leasier roar, ai Lwsder'i tiMtitea. <br />dechre al! the euoss secured by this bfortptc to ire ittutxdiatrly d»e and psytable. [.mdea shall haw staled rtes <br />optios to accelerate d, Prior t.o the sale c+r tramter, Lender and the person to when the Property w to be add a <br />transferred teach agreement it writing that the credit of such lrerson is wtistactory to Lender acrd that the intaeet <br />payable otr the sums scented by this liortgage shall Ire wt such rate :•.e Ixrder stall request. li [.muter hrs waived <br />the option to accelerate provided in this paragraph I i and if Bottower's weeessor in mWrcat has exaeuted a writ- <br />ten asetrrAption agreeiueAt accepted in waiting by l.eAder, Leader rhafl trlesse Borrower from al! ~lisatioar ardor <br />thin Mosfptge sd tlx+ Note. <br />If Lt~er etauei~ ptoh optaren to acatsletata, Lteader shalt €ruil Bartv+rer ntusea of siar:st ~eoedsaaa <br />wii~ lr+~ li t,~r~ir=- ~ue;..,:t;:.~ s.:ar! =rovi~ a }~ric,r: trf :sue ! ?Ran ~! c±ay= f-csat the qtr t3~ tea is <br />taailed wither wlrxb btprrotver may pry tltr sttser deelataxi due. if Bot+vwer fa+ls to }cry such suNa prier M tlra <br />tutniratian .i# eurh t?atlarl. Lcaeder tnay. wtthwt ttu±her ttotttr nr <(etttwn+l un Hat7owcr, rBvghr 4Ay rang~dios Pt-- <br />ts~ted trT oa[at 1B Ixrwt <br />Mina-1'ertxust t:istst~!ttx. I;ornewer earl Lxntier #ur•tltrr txrvrwAt anti arrt*r ere folltrws: <br />Irk A~ ~ as provrthxi e,~ 1'ar~RT~f't; l I l~sr~. ~_;»~ l~rra*r~'• L:r~t*IC ~ a~ <br />ttotrasant a a*rbe+mest of Borrower rn this ~IortRaRe. roctudueg the covot+urru to }tap when true my sunur secured <br />by this lloApge, Leader l,rror to aer•eierwtttrt+ >ball nrati awttw ~ ~' ltra~rir3=yt m }tarrgrapis ti tuereo# <br />epeetfyug: fli Use brtNU•A: tYl the aMton retturre.! to cure .orb bstrreje; rYl a i~iatr, twt Iwar than thtrtY ds}rs <br />.sewn the date the rw[ree a+ mailr+i to lorrower r,r ~ hteh wteh 4rrreM twrs Ire ettrat(. arui tie treat laehs+•c to cure <br />sorb bratch on or l+~•{ote the state s}rtvrtitM! ;tt the ruH U•c may result ru accrlerltitut of tlu• sutn~ xerureai by thre <br />Mar6p~e cad sak of the l'roprrty if the breach is na eurc•ki rw or trrfort• ilu• date xfraY•ttied en tier tatisr, Linder <br />rt Larder's eptMn nay tistbtr alt of the sums secured try this Mortgatc to be rmmedtateiy due and payabte <br />withtttK further detrrand writ! may lonriosc• thr+ ~lurtgnge In Iudietal },tueteditrg Lrndtr ehwli ha entttlal rte Eie~est <br />rn werh proeeetltng s,il expenses. of forecSr,FUa tnrtu,ltrx. but Wert Irmtttrl to crMt+ of docur:eentary evidence, <br />atrtrtneL atxt title reports <br />itl. lweweri ~S~tt to ^wiaatlstM. \uturthstreuirtyt 1-r^ruMrs acrelrratrwr ut the suuee seeurtaf by thin <br />Mme, Bwrasrer erltrli have the rylttt to ire.+• any pnreeedinks tre}ttr^ by l,rex#rr to cnton•v this lloetga(te da~ <br />tvrrtiouad at out ttsu Pr~ar to antn• of ~ ludauxvnt enf~crtrg rhea ~lontcatte tf !a! Itorroa~er pays hander all <br />twltlt~lilf~e0t~! Y1~ets t~se ttleietr eltie Ateet~ye, rise I~p1e as# nalae aa+lt~ Fleltrro ~nrMllrrt, ~ tMt Mi•tt~r <br />tltttt~ad; (!) Aan~aveer t~tr all branches of asy oNter eeweaturea or afptt~alNStM of Ihel~ieset' tlfrls- <br />#a let tltfs __-- (et ~ - v? all =~a~•~••••••• •ttr~+erwt M l_et:~r ~ ~ th± t~s <br />sAt2 ~~ taa<tatr>~:~'.r. t":, "ort~sgr ;;ndr:cr -nforrmg l.t~sder'4 r~n~lies as pravid~ us ~era- <br />~1B A~e+st, ~, brit Ant httaked to, rcasortatr~lr attorne,y•r ttw+, and !dl Borrower talft~r suds at+tiotr as <br />iHilftJ twtte>.aia?ijr tttgeloh tlo aerrae ihd the Irea d the \forE~r, Lttatkr's intat+eet to the Prnporty std <br />IIetsatasls~ ti_p the /Ilpe iteae3d tlge Matgeyle shat) eoatmlw aatatpatted. ll'.lan e4eeh psytsest <br />frpNi sdte lr~'>1~oIPr tr`Idi~ and t,hs ally olaF wr~ered dtaN reaaalrt in fall fo-ee asd olfsot as N <br />tits aaaei~iwieR h~ ~. <br />~`tl~.~ iN ~~tla >taeedse !s i4eesaaisa Aa at~iontti seattefty herrr- <br />uraelpr; ~ ~ ~-rii M Iwsds- thtr ed file Prept~r. ptrwltfad that ~oeeawer shag, prior to aeoeler- <br />atblawade p !8 hooead ~ ahae tsttoerat d the Ptwgettr. have the eight to collect and retain each rents <br />as I rites odd paysr~. <br />bias trader (r~!-t~t i; hsueed or rbaCerrt of the PropeAy. l.etuter, m l.ctnott. by agent <br />os• by j~ly ~afpded reetitrex aktdl he I+e stxar e~tt, tulEC exare_>,eiat of anti tnaaalte the Property <br />and tr+ etelleat the rents of the fig. ir~Iud~t tftote past dtu•. At2 runts t~ligeted Ry Ikndrr er the receiver <br />shall he s{rplkxl flrrst to payAtwt d the etts~ ~ tt~rragssrrntt of the Property and collect inn of n•nt. ~nrlud, nK, i,ur <br />notlimitod to, receiver's fete. Preraiutwr on receiver•srvrr+I~ anti rea~trnablr :tttorttr+ - i+ - . ~,,, ~h. •..~~ - <br />nc~ured by this ~lurfgnge I,ernfer amt the receiver shall t~> liable err se,•ounr o~l.~ for kh,..~ „~~,t. , .. i. ~~~~, r.,,. <br />