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_ , .ir. ~ i s n . ;;;~,, i ~ :, ! ir, i. cirr .PCmPI i_ u,, . C,i~ ~ m .,! r,'i p. i i r,: ,,i i L..r~u; i( is °i ui i °,' i ~r r U l'rr . .u initf :9' Pit. rir <1,1 drr
<br />kr~;,=r i d ..r.=aa. r ., hr F rill Fa^w•Tntlb~
<br />. - _. ~. ~' = .~.~~; <. -'f ~. :.,,., ,.. _ F ._. r-. -:rata .,~,? `~
<br />v_ i a..- .., :.a ~_:._ 1. -.,.~ .., . ......... - .._ -
<br />~.-:.' .> ...rr- ..e: ; .-..~s^a-~:[.g.- ::t,a,., . ... - . ~;:~. ,.... _...._. r 3 _~__ ...., ..:t~z £ » »?..-. or :ftstvrs~•tsst' sia~,`;`e• -
<br />_. iar`:ii.. P~.: ~~: ` -_ __,a~-= uYe`hr?-~ n .,.... d.,.^~,~e- '~t- -:•~: s: ~' ~ .~ -s,~r,~,.~ :~;~r.S~• ;; *;._ ir;~S .~'Y~rra~se7 ors
<br />I".nYr~~'Sr' -=,~3Ct'~^xcrarc ir, j.>nrr*=i.
<br />!I. Forbeazarsce by Lender Slot a +Yaieer. ~r.s• or~.arar,ee -,.• L en?r ;_. ex?rcising ar:y rig;~t or renrie*iy
<br />:sr,g !:-.d=r r,.- c '.e. a; ».:vrrs"e~ , , _a;.. :a. , ...» , .. ,. ~_ ~ .-ar. -- r,-r ;,r>_•+`'s&.. .ice e.,ere~*e of any rr~~"
<br />[?r -Y_°".":~=`.,_ ,.Y. _ -_. .. .. ~. s.f _.is ,. ~.. _ui....'.-Y ~'r +'f,v Sig: ii: _>= _aYc~''°: G!P.. ..:..~ L`-' f'iti5r~~ F1'r I~tfr-~
<br />steal, :;ct :,e a .~~i•: er of L?nder's -ig:-t to ac*e;crate t~.? r:,aS~;city ry...._ ,n ?irtedness secures riy Phis ~fortga£e.
<br />I2. Rezaedie~ Cumulcxtive. -lit r?:~.ecii=< .=ra. ide=i :,. ,.,_- 3f.^,,~age are 2istirrt ana ?ursu?stave to any ot$:e*
<br />sit. ,: .,..,`;E':` ., ._. ,.. ~. );art ka'~t sr. ..., :3: e;ty. ..., s, .t,~ _ ».... .. :'xcr#'; _. Cvnt..rtev?i=, ,rid=y~n~.~-
<br />~~ .-nil' ~ `SE,'rY-•1': +•?'i L'.
<br />' I~. •Snccessaxs and As~gns $ouad: Iaiat ~d Several Liability; Captions. l ~,t- ea;en.an*_, and agre?m?n?~
<br />R~ hereu, e_: .,_.__ > -:=;air `ssirs~+. ;end tf;e rigi.r l:errunder .t,ai± ir,rue to, tlic• rc:;peetiv~ ~ueeessars ::.sd assigns ai Leader
<br />and Ba sae r - t ~r to ti c pct s:io s" of paragr sp . D i trereo`. ail covenant- snri agretunerstn of Borrower shall
<br />t,= paint _{ .e,~:- P}te sp:san~ .:t.--i !:.adir=.g.; of t}.e i.aragr~i~}:. u: tht, 1iorgage are for ,•onvenience only and
<br />are na=.~ to be used to interpret or defame the provision- hereof.
<br />~ 14. Notice. arc notice to Borrower;rratided for iz: thi= _llartgage =real} be givers by mailing such notice by
<br />:.. an:..a...... ,
<br />l1 Certt;cKi tr:<itt .~d,.rr"sed to Barro::-er at ti:e Yropcrty :~ddre-- ntaied i;eiat~. ~,ec-},t ' ,. ,,,.~ ;<•:}!tired :.^.der
<br />araarsysis 18 hereai to be green to Borro~.ver ins tlae uiauner ;prescribed be app:icab!e i.iw. any notice provided
<br />~r its till- j!ortga%tr =tear} !+e sieenteri to have }peen given to Barrot~er whet. giten in the manner designated her?in.
<br />i5. IIniferm Mor#gage; Governing Law: Senerabilily. Tiai= form of mortgage combines uniform coy?nan*_s
<br />far nations! use, and non-uniform reverants tvitla !imitea.! variations by jurisdiction to eonstitate a uniform secu-
<br />rity instrrarenc catering real property. This Mortgage steal! be gorerned by the !att• of the jurisdiction in which
<br />the Prop?ry is- ocated. 1r. thr: event that. any provision or clause of this 3iortgage or 'the \oie conffic#s with
<br />applicable IaR", such conflict :;itall not aftect other pratisions of this lortgage or the emote which can be eiven
<br />effeat without the conflicting provision. and to this erd the pratisions of the 1ortgage and the Dlote are deciar?d
<br />i.........,.r-_t,r_
<br />w ~I6.Y$orrowez's dopy. Borrorcer shat! he furnished a conformed cop}- of this Mortgage at the time of execu-
<br />tion or after reeordatior_ hereof.
<br />11, Transfer of earn Property: Assumption. Ii ail or any part. of the Property ar au interest. therein is so!d
<br />or transferred i;y Borrower without Lender's prior written consent. excluding (a+ the creatior, of a lien or encum-
<br />brance subordinate to this \iortgage, ib} the creation of a purchase money security interest for household appli-
<br />ancer, (c; a tsansier by devise, descent or by operation of lay;- upon the death of a joint tenant or (d} the grant of
<br />any lease~:old i:aerest of three years or !ess not containing an option to purc!ase, Lender may. at Lender`s option,
<br />declare al's the sums secured by Phis Mort"gag? to be immediately due and oayab}e. Lender shalt have waived such
<br />option to accelerate if, prat to the sale or transfer, Lender and the person to whom the Property is to be sold or
<br />trar,sf?rr?d ° ^rla agreement in tvriting that. the credit of such person is satisfactory- to Lender and !tear the interest
<br />payable on the sums secured by ibis Mortgage shah ire at such rate as Lender shalt r?.Suest. If Lender tees waived
<br />the optior, to accelerate prcc•ided in this paragraph 17 and if Borrower s successor in interest- has executed a writ-
<br />ten assumption agreement accepted in writing Irv Lender, Lender shall release Borrower from al! obligations under
<br />this Martgsge and the ?ote.
<br />If Lender exercises such option to accelerate, Lender shat! mail Borrower notice of acceleration in accordance
<br />wills paragraphs 14 hereaf. Such notice shall provide a !reriod of not less than 30 days Pram the dare the notice is
<br />mailed u•iihir. t+hich Bcrrosver lnay pay the sums declared due. If Borroter rails to pay such sums prior tG the
<br />eApiratian of r„~., pe ad. Londe. lnay... ithout furthe, natir€ .,. t:en-,ar:• a n B'orrawer, nvake any ;-?medics per-
<br />rd;ti~1 by paragraph IS hereof.
<br />1!_~ T~__-~._____ f._-.~__-_ D ~~_•__..__ l x
<br />_-_.--_. Si_~~?cam .__-~_-__.~-ice. n~_•E.,Ster tnd i~t•alt=et' ~•lti -r,Yr r•31 f.;-131~~ aZ1d ~.~°"3`°t? ~~ ZC~:~?~`fi:
<br />i$. iicceleration; Remedies. I::xc•ept ss provided in parao :al:,}s It hereaf, upon Sorrow?r-s breach of any
<br />covenant nr agreement of Borrower in this iIortgagc, inriu:iing the covenants to pay when due any sums secured
<br />by this Mortgage, Lender prior to arse}eratian shop. ucail nonce to Borrower as provided in paragraph 14 hereaf
<br />sp?eiiying: tl} the breach; 121 the action reyuiresi to cure such breach: tai a date, not rev Hsan thirty days
<br />?rum the date the notice i> mailed to Borrower, in- which such breach roust be curt~i; end i4i that fsilurc to cure
<br />such breach on or ueiore tite date specified in the notice utay result in aree!erstion of the sums secured by this
<br />3iortgsge and sale of the Property. If the breach is not cured or. or before the date specified in the nonce, Lender
<br />at Lender's option may declare all of the stuns secured by this Mortgage to he immediately due and payable
<br />withoui fur+--?ter demand and may foreclose this \tortgagc by judicial proceeding. Lender shall be eniitled to collect
<br />in such proceeding air expenses of ioreelosure. including. tent not limited to, costs of docuutentan• evidence.
<br />abstracts and title report:.
<br />I9. $orrower's Right to Rsiastate. Notwithstanding Lender's acceleration of the sums secured by this
<br />~iottgage, Borrower shall have the right to have any proceedings begun by Lender to enforce this :Iortgage dis-
<br />continued at any rim? prior to emry of a judgment enforcing thi_- >forigage if: tai Borrower pays Lender all
<br />sums which would be then due under this Mortgage, the \Tote anct notes securing Furore advances, if any, had no
<br />acceleration acaurred; (b} Borrower cures all breanc~~ of anc other cotenants or agreements of Borrower con-
<br />*~=r:~' in this ;=r.:='z<h~n~~ (c} ;3o=;rn?r pays al. reasonablE exn~-nze~ incu=.?d br fender in enforcing t he toy?manta
<br />6°b">
<br />and agrc~menta of Harrower contained in this ifortgage and in enforcing Lender's remedies as !irovided in para-
<br />graph I8 hereof, including, but not limited to, reasonable attorney's tees: and id} Borrower takes such action as
<br />Lender may reasonably requue to a.~sirre that the lien of this Mortgage. ;_~nder's interest in the Property and
<br />Horrawer's ~}igation to pap the stuns secured hp this Mortgage shall continu? unimpaired. I?pan such payment
<br />and cure by Harrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
<br />no acxeieration had occurred.
<br />~. Asagamext $# ]; Appoffi6aestat ~ Raeeiwr; Leader is Possesrxion. 3s additional security here-
<br />,nnder; Borrower hereby assigns to Leader the rents of the Property. provided that Borrower shalt, prior to acceler-
<br />ation under paragraph i8 hereof or abandonment of the Property, have the right to collect and retain such rests
<br />as they become due and payable:
<br />- Upon seceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, tsy agent
<br />or by jib-_I_AIIy appointed rep-elver slie>1 h~-entit!~ ±a en*_.er ;:pop. take no,RSession of and :nonage the °roperty
<br />a t : eol!ect the rents of the Prr,~erty, ireludiag those P.a;ft due.:;ll rents collected by Lender or the receiver
<br />shall be applied Best to payreeni of the costs of m.~ssgement of fhe Pr~erty and call?Mion of r?nts• including, itut
<br />r,ot l ui`~r-d t r?cei-vcr'-a fcr;, prr~iiurrss on rc~;civer's bon:is and reasonable aitarnev's fee4. and then to the sums
<br />secured by this Mortgage- Lender and the receiver shall be liable to account onh~ for those rents actually a•?c?ived.
<br />
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