79004472 - Laserfiche WebLink

Browse

_.,_~_ ~ ~~ __ ! not. extend or postomte the due laic of the monthic installments referred to in ],aragraphs 1 and 2 hereof or change the amount of such instalhne»ts. 10. Barrower Not Released. Exiansion of the tiuto for psrment m- modification of amortization of the sutras secured by this. Mortgage granted b}• bender to any successor in interest of Borrower shall not aperate to release, in any manner, the liability of the et•iginal Borrower :tad Borroavcr's succzssot•s i^ interest. Lender shall not be required to commence proceedings against such suc•cessm' or refuse tv extend lime ivy pa~anent or otherwise modify amart.isation of the sums secured by this \lorfgage ht reason of any demand made izv the original Borrower and Barrawer's successor in interest. II. Forbeazance by Lender Not a Waiver. .Lt}- furbearancc h}- Lender in exercising any right. or remedy Itereuttder, ar ot.herwise afforded by applicable lan . sha}! nut he a acaiaer et or preclude the exercise of any right or remedy hereunder. The procurement. of insurance ur rite paa'ntent of taxes or other Liens or charges b}• Lender steals not be a tt-aiaer of Lender's. righi tv accelerate the vlanzritc of the indebtedness secured b}' this Mortgage. 12. Remedies Cumulative. ~ll remedies prorided in this Mortgage arc distinct and cumulatia•e io ant- other righi or remeda under this \lortgaee or aifonc,i in- ?aw or ,•quin-, :utd may be exercised conrurrentl}•, independ- entdt- ar sacressiteh'. 1 • 13. Successors and Assigns Bound: Joint and Severai Liability; Captions. The coccnanis snd agreements ~, herein contained shall bind, and tits rights iterewt,ier sisli inure m, the respectit•e successors and assigns of Lender and Borrower. suoiect to the racatsions ut paragrgti: 1; iu~mot..1Ii rotenants and agreements at Borrower shall tT be joint and searral. T?te captions and headings of rite ;,:u'agrti,hs of this .llortgagc see for cona'cnicnce only and ~ see not to b2 used to interpret or define the pratision, stereo? 19. Notice. :1ny notice tv Berrrncer i,ror;ded tar i:: tht~ AIvrtgsgr shsii be ~iaen in' mailing such notice 6}' certirrd utaii addressed to Borrvacer at (hc Pn,• ern- .ad+ire<..,... ~n•hnc. except for spa- uvtice required under tzsragraph 15 hereof to be given tv Bormw~°r ir~ ti:e :nanncr ;,reserihed h}' a1,l,lit:.hic sane Ana roti,a~ procidetl iar in this \lortgs,e shaP. he deetnt-ti : ::;a ~ ,c: ;: _,: to $on utcrr ,.;s,n e , t ; i*: t.., manner ,ie~itjrate,i herein. 13. t3nifozm Modgage; Governing Lmv: $everabiHty. Tlr> iorn: of mort~a,c t~onil+iuc~ an,iiarm covenants for national use and ran-uniiortt catenarts whit I4utite.i tsristions ba ._adietiau tv constitute a uniform secu- rity instrutuettt catering real prouerty. This \fongage shat: i c ~overcrdyht tLc ;aw of the i .isriiction ht n'hich the Ptrpet•iy is lacsted. In the ca'ent that anc 11n+cision nr clause n tla< Mort_•agc or the`\otc conflicts with applicable Ise-, such coniiiet shsi? nut affect other ],ma~!sions of titi> Mortgage or the Aotr which can be given ea'eet without the conflicting gnats=ion, and tv this ,.,d the ;avctslots ti the Alort,_agr ant? the- Aote are .ieelared to be setersble. 16. Borrawez's Copy. Barmwer shay. tae iurnisi!e,:l ~nriormad copy of this \iortgage at the time of execu- tian or aitEr t•erordstian iterecf. 17. Transfer of the Property; Assumption. Ii .t?. or ar.}' Hart ai the Progeny or at: irierest therein is sold or tra~ferred br $arroe'er wit'.'.^.aat Leader's rriar writte;: rnnsent. exciudirg ,s, tl;e t°restion of a lien or eneum- branre suhordinsti to this \fongsge. ~ 1„ the creation n. nttrcbasr nlonit secueh}• interest for househohi appli- s>;t•~, tci a trsnsier by dense, descei:t o: he iperation n. '::tv upon the death of s saint tenant ur ,d, tltc Brant of any Ieasehcld interest of ;scree rear or -.::at contair.n-_ ~t aptiutl ra purchase. Lettder arse. ai Lender-s option. declare ali the sun>; secured by this \Inn~ige to Ste imr..~~iateh: due nerd pa}-aiale. 1-ender steals bane waia~3 sueis option to accelerate ii. prior to the :sic v *-ransier, I_cn.;er anti rile pet±un to aclton: the Prtir eery i. . a be :old ar tr`snsierred reach agreement in wrtine thsr t.,t crrdi*, of =uch l,etson is satisfactory to Lender and that ti:e interest parable en the sums securev he this \ior[gage steal; i,e st sues: t:ttr ss Lender steals request. If I-ender ins waittti the option to accelerate i!nn-idrd in th_s nsrsgrapl: 1 ~ uad ii Borrower', wcressor :t: interest stns executed a atrit- ten asuanptiatl sgrrentent accepted in nrittng in- 3.encier. Lenrirr si;all release $orron't-r from a':i oi,ligatior.: under rtes ~ittnga~re and the \ate- H Lender exerci-~ nevi: opvor. ±e a~ceie;~te. Lender _lts'si <uai? Barn,n-er noticz~ o: accelerafian ir: sccordanee with paragrapi: ld hereof- . ~c=; rut„ _.... . r rci.ic :. j,eriua , . .ot , >. ,.:ar. 30 flans ;rota ti:c ,Late :he notice is tnsi_]ed wiiizin u'l,ici: $=_arrotver t.lsv ~,at t.. ~v:n~ .it,cian•d ~..t. li $or.a;cer t ..: tc nav' ;uc:~ >uni< prase tt, the ettpiration vi such I,e:;cni. Lender :rasa. w:ti~.t,; ~ ,ur.i:e:~ ::ut;c,~ o. ._,,.,an,l u!: $orroater, invol~_ ..nv rentH:iie_'I~r- nutted by pars~pit IS Ilerroi. \O~-'I_-\YFf+Y `.i t (+1'E~.a,\7ti. }i,:+l'3't,l~t°t' :-Y ti:1 l.rll,lt•t- 7131'L1it-r ctlt't'l:Zilit anti :l~Tt't• .t~ lolltlil-~: I8. Axeleratioa: Remedies t=t. ~_ . _t ~,. 33: .1~„., ,: '.t .t~- ., oar ;z>,u i. an}- cotenant ar sgr-eznert a: 8orr~,.:r:.u V. ..t , .:,i, ,., .aa,.l:an., , t. tc~,.~;'t ins :.r:r ,um, .rct;rc•,i u ,. i . r iL;_= \latt;age. Leudtr j'r,v + ~ an•<.,._..... .~a .......... ... ... iii .o,+~." rrl•t,-i :u ..~. a1.!; IQ ?:rrto7 >perifytng: ,T! Ule crrarh- ~P: ti,r :: ,._... ~~~.ucril *. * r:t;r sth'i, i,tt~sr•]i:-:3I a ,._,,~. rant ir-•• tl.at: taint .says ... ~: .$.r a.a. tt:e notirt• i, .. silr,i tc B. navy-. .i;-, -rat . i-ta :ch a:u-t ; e~e~::_, .tn,l }' t!lst ;'aslu,c to cure ••.:C i? i,reatlt an :lr i=i-Lace' .-.' fiat a' > -~If3Nv ':1' t., .,~,,,i i::Yt' ir:nlt 111 ae-i•Ylrt'aIl„!. „I :.. ~n!1=< ~er•llttli bt tills ?~fcrtG~r snd safe ai ti;r Prol>f•n}-- lit . . ,tsci: a :,:+z cured or_ c:r briars t-,: date -nr-c!fic,i tr:- tlr.- native. Len td~er ht Lrnder'e aptlari ]ndl- ,li'e1-`1Fi' a!1 Vt itilt'1~t:'lL- ~Ct~:]R-ti i=1' 1111- >lattt;a~f- to bt~ Jn:n:°i''llatila' tint' and par8l)lr >t-lti,aut iuaher drntanu snd mat =rate"-elase c;ts Mo?-tt;;.~r t1t- _su,itriai nrncc<~:+._r_- Le-n,t,-r -t,i1? z1t ,•tltnir~i to collect In sue}; ;=rocct~-ding al's rapx•tr~- :,. ..•reciosur vtc;mir.!_. tent not liu!6tr.t to+- ,,._.- ,.; ~toru:uentan~ etidenre, alarm-*aPts. a_nd t *le ,, .r,.3t*_. - 1Q B~rossr's Bight to Reioalate. tivtwltlytandin~ I-ender' aerrlerat!or: of the sums secured by :his \Sortgage, Borrower shall hate the right to tsar arty iarareedmg~ i;<;tun by Lrn,icr tv rnivrrc• tl!i> \longage dis- etxtti:ir~ st any r~ t.t:ar to rain- of a td.;tnent tr:ia:'rtn~ t.. ~ Morresee ii ~ ..,= Bcrroavrr ! ay: Lender all sutras whieti trauld be rhea flue under this \iongscr t11'r mate an,i note- securint F-a*.un' -~dt:tnre.. if any, had no aeeelerstion aecur7ed; ib; $artvxer cure= ali !uesri:e-- c .- ether ro°;enanr, or ::creementa ei Barroaer con- tained in this 9fortga°e; <a t 3nrtroaer pat; al? rt-a:y±ristlr*rs ~,,.n,t.~ !r,c..tr^:,+, l,y ?-. ads r u: , t:forc:::t; the cca-en;anto and agreemesita of Bomox-er rontained ir: tln, Alart=uue and m enfun~tng Lrn,Icr - rrtue:'iie- a> prna'idcv in parr s:~ 19Ise.^e;:i, i~•iav'..ir~, but ttm Iintit~' to- rea~nshic a.. , ;;e.'> rr-. an+i ,, Yorruwt-r t- - ;uc-1: artio.t as Lmxfe4 tnsy reasonably rettuim to an.-urr that the lien ai tt,3- \it,nXagr Lc•n,irr- lrterc,t in the Proi,rn}• and Borrower's obiigatirn to gay the soma x~eum3 ht tt1i- Mongscr Arai! , ~:Sttt:ue u:utu!,alrf-+i. I'}+an ,uch pa}:nent and tote 11y Borrower, thin Aortgage rend the ob_ligat,orr~~ .eeurni 1!errtn rlaall r-main to soli i orce snd effect as it` no aeexleraLion had ocrnrred- 2Q. 1lm9nmmt d Ber+fc Jlppomlm~t d Ssceiver: Leader is Po:+eesaioa .a- additional security ilere- under, Borranver hereby asaigne to Lender the rent€ of zhr Prtaperty, proairit~i ti;at Borrower shall. prior to acceler- atama under paragraph 18 hereof or abandonment of the Prolaer[y, hate the right to coller•t and retain such recta as they ~Ome dne sad payable_ Upcm aeeeleration antler paragraph IS laetrai or at:andnnment of the Property. I_rnder, in l.er;on, by agent tar by jtsdic-sally appointed mEicer gha13 to entitled to enter u}wn. take parr,-iar. of and ,uanaRe the Property and to cot3cet the teats of the Pmpesty, including those past due..\Il rents collerttni hr Linder or the receiver stall be applied first to paytaent of the rosin ai management of the Property any? collertior, of rent, inrluriing, h,.tt not limited to, rer_•eiteis sees, premiums on receiter'? laonds and reasonable attorne}• -ire=- and then to the sung secured by this Mortgage. Lender and the ret~eiver shall lac liable to account only for rhox rents actually rerrited.