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owe. ._Ir .. u~i~u,•~r',aituo~i ~ ~r ~ia~~~s~ a Apr, sii~' -~,11 ii ini-icts~,i.ii i i,~lU~inw nil3i ~to-u~r•~ ~ ia. iL^.t ~:~i~q~sal.i;~ ~~~«!..I. 1 ~t,~sc+l' ~ti~ir
<br />r~lV~sf.~, E; .c ~U:llf 1i~~ ~l _i. :WrS"J:l~l-,~Ci-. ~~hlir
<br />i7 $o:ra~sver Nar. ~. _ X'..-__,.- - __ ___ _. _, ,.ws,_.-___. -.:- - .--.,.._. .... ~. .t-.,-. r..-: t. sr ~ .„-
<br />,u 3 ~ ....:. t ,,,_ _..x ,. e.. ,. ,,-3. Y»~- a ."A.i'-: :.'L~..a iii.. v5. i•• + - :'fi'b.; ~''Y s.~.Cr4~',. l: ~'n:.Y` 4,if213I ri~i'* =i~
<br />, ,rf=. i : ra-.. _ ;v r .~3~£'f'~.S3a~..; ~ga..s- - -.. ~. ?~~3! yr r.. _- _~s f']Cte_... _~~ f4r pYS'T,}er:-: O. ~t.s>s."~~s_` :3.dY~:t,. _
<br />ar_.o,.ization ~t ...~ ~sna se°ct~etl ir_,• :...- 1fo-tgar?s ^rt• rea°;~ c x ...a~ar~r; near{e v, ..e o gran Borrrr+re* sr~
<br />i3c:~,ae:'sa -.;_e:-.,rss ^tPre°:.
<br />11, £arbearance by Lender Not a Waiver, ?~t+~ :vrb~ran~ Say 'x~n?~r_* in c~er_ ~3ng a=• rig*.'= or re~~*p
<br />"_;erea_t'--:rjer- c;* rt'?e.'°si "iSL' aiTlCt~,e3 :1i -7L'.:C9 '~ n=5~, -~ ~d `. r13' 'sN i `A"HI": £"' r~_ .._ _~'~.,~-,e ?,hg eX£rCi~ 73 ar :' right
<br />OI reri':fn~ rrf:rfU t; if r. rl'.E r>rQC'1 re?L'etit Df iT.-3T2~tiY f•^ ri;f y?a','.7sYr;t r~i ?axe Ur OtLEr 33en£ Or Cnarge3 61" I~£L+Qer
<br />>ilaft :- tom', a .e _.'.'er O: Lender 3 r2g'.t t0 ai':'eerat-°_ L ? ;natilr;iti Oi t!;2 Sn~aastFdne_v 32CUrefS ha' fih23 ~S©rt~BgF.
<br />12. Remedies Cumtalatine. ~3 retraciies provided ir: t,,,= ~irrtgage are di_ctinct and eumi2lative to env other
<br />;~ ::gltt ur n~.^.,e,y ur.•i;>r t:.a; \iongage ur aflorrieri :7•,- a;~ or +.::.;izr. grad n=.ay- Ix exercised eos?currently. independ-
<br /><~ntiy ~r suece~siveiy.
<br />i3. Successors end Asst Bauadr Ioint and Several LiabfIft
<br />gas y; Captions. The covenants and agreements
<br />herein .orta2ner~ riaSt inr -s~ =Ssv r;grts hereunder ra`S inure to. list res_neetivc successors and assigns of Lender
<br />snd I3ar:e++"Qr t c*-° tr tt e 1 r ~. asson_ of :>aragrapl i hereof. _~ii co.•enant- an,i ogre mcnt; of Borrower 3nall
<br />ire jotrt sn ~ -r. -a'. Th aprtc ,~ an•.i head2ngs o! t Ott paragraph of tiu< \Iortgagc are for convenience only snd
<br />! a:•c rot t!~ b? tt.s~+' -rs tnteraret or define the provisions hereof.
<br />1 2~. iVotiee. .env nutic, to I3orroaer provided for in this ~Iurtgage -hail S>e given by tnaiiing goes; 2;otice by
<br />~ cenri_cd =nail a+lrire~xd t _~ 3orro:rer at the Proper}- 3ddre~s stated beimv. except for guy mice required under
<br />para2*;:;'.`. 18 i.,>reci tc ;,{. given ttt Borrower to the manner prescritted by applitable law. ?,m• t2<uiie =ra:•ided
<br />for in ti.i~ _`.lurtgagc ~l:ai; t,e deemetS to have Sree2; given to Borrower when given in the manger de=igratci .-..sin.
<br />I5. Uniform Mortgage, Governing Law: Severability. T't2is fortst rf snot-tgage combines uniform cover.~nts
<br />far national rue and rso-s-uniform covenants with limited +•ariations hr jurisdiction to constitute a uniform sees
<br />city instn.:::.ent ;•ovc-ri::t? real property. This Mortgage shall be governed Srv the Saw of t32e jurisdiction in wii:,lt
<br />the Props=.--: := S*u:sted In the event that any provision or clause of this Mortgage or the Note conP.icts with
<br />applicabSe iatY, Luc;, conflict shall not affect other provisions of this 3lortgag? or the emote which can be given
<br />e~reg- w•i*_nrn_r. the ccnRieting provicint7, and to fhig and the nrna~icinnc ni t.ha \tnrFeaga atg:l thn lgfp aro riw~slnral
<br />tU 13e severable. - - _ -
<br />1S. Banowei s Copy. Borrower shalt be furnished a <:onforn;ed copy of this _lortgage at the time of execu-
<br />lion or offer recordation hereof.
<br />17. Transfer of the Property; Assumption. If aIS or spy part of tSte Property or an interest therein is sold
<br />or transferred by Borrower without Lenders prier written consent, excluding (a} the creation of a ]fen or eneum-
<br />braaee subordinate to this Mortgage, b i the creation of a purchase money security interest for household appli-
<br />ances, (cj a transfer by devise, descent or by operation of Ian- upon the death of a joint tenant or (d) the grant of
<br />any IfasehoId interest of three years or less not containing an option to purchase, Lender may. at Lender's option,
<br />declare a1S the sums secured by this :4iort'gage to he inunediateh• riue and payable. Lender shall have waived such
<br />opr;nr, rn , _fterRre ;: prier to the sai9 • t- ..^.sier, Lender ...:d tl;~ _ _~., ,.S;a^: the Prope-'~ - t^ b° sold or
<br />transferredrreael:^agreement in writing that the credit of such person is satisfactory to Lender and that the interest
<br />payable on the sums secured by this \4ortgage shall be at suds rate as Lender shall request. If Lender ha: waited
<br />the option to accelerate provided in this paragrapis i7 and ii Borrower's saccessor in interest has executed a writ-
<br />ten aszumption agreement accepted in writing by Lender, Lender shall release Borrower from al! obligations under
<br />this Mcrtgage and the Note.
<br />If i.ender exercises suds option to aeeeleraie, Lender shah *naiS Borrower notice of acceierstion iu accordance
<br />with narsgraph 3€ hereof. Such notice shall provide a period of not less than 30 days from the date the notice is
<br />mailed w=thin wbiclt Borrower may pay the sum: declaraci sue. If I3ormwer fails =_n laa~• uch sun=. prior to the
<br />expi7°dtiore of such net~od; bender may, without further notice or dentand on Borrower, invoke any remedies per-
<br />tnit by paragraph i~ hereof"
<br />\os-C~vr~oaat t;ovE*;a~•rs. Borrower and Lender further em-ettant and agree as follows;
<br />18. Acceleration; Remed"acs. Except as provided in paragraph li hereof. upon Borrower's breach of env
<br />covenant or agreement of Harrower in this Mortgage. inducting the covenants to pay when due any sums secured
<br />•oy ibis 1ortgage, bender prior to acceleratiat shall mail notice to Borrower as provided in paragraph 14 S:ereoi
<br />specifying: (li the breach; [21 the action required to cure 5udt'breaeftY'#31 ~ date, not less than thirty days
<br />frmn the ds±s the notice is tuailed to Borrow°er, by +vbich audrhreaMh plug b,:-e4trcd: and t~l that failure to cure
<br />such breach on or before the date specified in the notice may resutt in acceleration of the sums secured by this
<br />3lortgage and sate of the Property. If the breach is not cured oa or before the date specified in tSse notice, Lender
<br />at Lender's option may declare all of the autos secured by this ~Icrtgage to he immediately due and payable
<br />wiii2uut further demand and may foreclose this Mortgage by judicial proceeding. bender shs+ll be cntiiled to collect
<br />in such proceeding alt expense: of foreclosure, including, but not limited to. costs of docwurntatl• evidence,
<br />abstracts and title report`.
<br />i$. 33orrowsr`s Right to $einsta-e. Votwitltstanding 7,enders xeceleration of the sums secured by this
<br />Mortgage, Borrower shalt have the right to have any proceedings begun by Lender to enforce this _lfortgage dis-
<br />eontiaued at any time prior to entry of a judgment enforcing this Mortgage if: !a} Borrower pays Lender all
<br />sut~ which would be then due tender this Mortgage, f he Note oral notes securing Future Ada-ances, if any, had no
<br />seePlerStion nr_rurred; !t?t Borrnwe* cure* all broaches of any ether covenants or agmemenL: of Borrower son-
<br />F~in~± is rhjg 14lortgage; Tel Horrower pay, alt reasonable expenses incurred by Lender in enforcing the covenants
<br />gad agreetnenta of Borrower cotstained in this Mortgage and in enforcing Lender's remedies as provided in para-
<br />graph 18 hereof, including, but not limited to, reasonable attorney's fee.: and fell Borrower takes such action ss
<br />Lender rosy reasonably rewire to assure t~tat the lien of this:liortgage, Lender's interest in the Property and
<br />Borrower's obligation to pay the sums securerl by this Mortgage shalt continue unimpaired. Upon such payment
<br />sncl e° by Burrower, this 3€ortgage and the obligations secured hereby shall remain in full force and effect as if
<br />no sceeie*ation had occurred.
<br />20. A ~ Rests::fit of 13eeeiver; Lender is Po~easfoa. As additional security here-
<br />• under, Borrower hereby assigns to Lender the rentn of the Property, provided that Borrower shall, prior to aceeler-
<br />ation under paragraph i8 hereof or abandonment of the Property, have the right w rnileet snd retain such rents
<br />sa they became due and payable.
<br />Tipctn acceleration under paragraph I$ hereof or abandonment of the Property, Lender, in person, by agent
<br />or trd jtzditiaUy appointed rneeiver shat! be entitled to enter upon. take possessior. of and manage the Property
<br />and to eoll_ect the rents of the Property, including Those past due_ r11t rents eottected by Lender or the receiver
<br />shall he applied first to pay ,sit of the c~~ of !rsrznggamrrt of the Prope*.•ty and collectio.^. of rents, inetuding. S;ut
<br />not 3imsted to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees. and then to the sums
<br />secured by this :4iortgsge. Lender and the receiver shalt tre liable to account orl; ,or those rents actually received.
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