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<br />If under paragraph 18 petrol the I'ropert~' is ~[~i+l :~:' the I'm;teric is othertcice acquin'd Gt~ Lender, Lender <br />shall apply, no later ti,au innucdiarel~' prior m tLt- sslc of du Yruperty~ or ns sequisitiun 6t• Leader, ;u?}~ Fronds <br />held by Lender at the time of application as a credit against t6c ~tnm <ceurc+I ht~ this AIorigaFC. <br />3. Applieatfon of Payments IInlzss applicabh• late provides otl:er'sise. ;ii pa~~ments rereirr,l ir: Leader <br />under the Ao±e and parag?:tphs 1 and 2 hereof shall be applied he Lender tits[ iu ~scux'r,t of aruount= pat•able to <br />Lender by Borrotcer under paragraph ~ horeoi, thou to intcre~t pacaldo un the A„ir an,i rn Futtn,_' :A[lratnes, ii <br />soy, and then to the principal ei the \otc :md to rite priucil+al of I'uutn~ :1,iynn,'cs. ti ;w}~. <br />4. Ch~ges; Liens. BorroA•er shall psi all taus. assessments turd other rharFC<, [foes and impositions attrib- <br />utable %o the Properi-y tshich mar sctain a i,rioriic over this \tortga>;e, au,i mat:n,' rents, ii sn}, nt Lender's <br />option in the manner provided under paragraph 3 ! ; eoi or ln' 13orrcncer :nakit>z; na~~nlear. t~ hen duo_ directly Lo <br />Lhe psyee thzreof. Borrotcer shsli ;trom$xl~' fitrtas!e n, Lcmicr all ao±ices t. , ..[Doors .,.., .:i~ier this paragraph, <br />and Sn the -Pair Borrotcer shsli mal.a psv n:•ent direcay. Rorroarr shs1l promptir ier!ti~ .:o Leu,ier rereit,t,~ ect- <br />dsncing such psyn?eats. Serro:cer st?si' ^n:u}ttic discLsr~e car ,- uhieh has , ... ,. ,.:h•,s \$or';;age; pro- <br />vided, thrt Borrot~~zr snali :?o=, 6r recuired to cis['harer an~• ~tn•h ]fort ~u ions :is liorrott'.•r >ha?; serve in retiring to <br />thin pay=nient ei the oliiigatior, ,crated b~' ,nch Tier il: ~ mamter ;irerptaitir to Lender: or <i±s! i:t t;oo ; laid[ contest <br />such ilea itr, or deierid enfarrement of s,.,.. _....:.. tl nroceediae~ tt'i::e!1 o}'er:ue to nr-rent tiro enforcement of <br />the lien or iorfeitur: t\i the Yrett -tr or . ar „ . urz,~. <br />5. Hazazdlnsurslce. F~.-[t;er .- „_; . .. . c. .. ,.tt t~<it:=_:_ aitdr erected mt the Prop- <br />lrt\- Z7:silree: aoattiM }\,sG i,c ~_'. 1`.'313rd~ !.. ':ntl ei. tt ., the ierll` "e\t<'1:•;'Zl c`a\'t'Fagr~ t:illd <nCi'i t,[~ic:- 17:12arde :1~ <br />r x., , -[ ..r. .. r., ., } 1. ' <br />i.zndz, mac require ...... ..... .. ..:au:.,.._....or sne! rio,i< s> Lam! ..t..: ac ti: afro. l:ro•nde~ that Lender .hall <br />not rz~uirz that t. c srnacnt tti s,.t,: cocorar'~ e~. _eti ;.._t atnaunt .i eorera~a rryair_d to pad the some secured bt• <br />:his :\iortgage. <br />The insuranez r,.r^z;' ,:n:rLam~ `- ......_._, ... ,. ruo;e:: !>} Borrocer sunect to sphsoral by Lender: <br />,,-e-tide:i. fiat > . is si?prat:~S :!:a}i no; i ....rraa:v~si,t}y tcithhcdd.:>,li rrz?niums on instiranee noiieits :hail be paid <br />,,?.tndz: sops ~'~..: _ ...i:,aer;:rc:t.t.t : -.. ... . _ .,c.tt'. ar i'~' Borrower makm~ parmen:, tthzn due, <br />irecti\- to tae irsarsnre rsr.*ier. <br />In the gent aany' Iwlicy' is not rene\red on nr bolero ter, darn of its expiration, the Lender, to protect <br />it_s Interest, m:;} procure in.~urance nn the impn,rement.a, pa}' the premiums and such >um shall become <br />ir.~mediatel~' due and pa~'shle \rith interest at the rate ,er forth in said note until paid and shall be <br />se\°ured by L'nis iirutgage- r9iiure its n:~rro\..•r io crtmpiti tna.', s: zt$,iion cif lender, citnsiiiute a deiauiY <br />under the terms of this \iortga,e. <br />_aiI iaauraure poiu•Sr> a..d n•netcal> t==.:rr:-td . ._.` i,r :?, i,t°u, :,rrrp,.a»4~ to Lcu.„_ and shay i^.a?::dr a stsnderd <br />uiortgagt' cisusr it:acor of sa,i ir: form <:crrp;a.•_t ; . l.r^.tdrr t.r;;::r sisii i-:a~r t,c n:;rt to hoLi the noiicirs and <br />res:ztrals thereof. and Borm>a~et shsi }~ron;$,ti~ i.....:_. ,o Le n~te::. 1 renetca; n~n_e, our :Gi receint~ of paid nre- <br />miizns In the ;eta .foss, Bornnr _ ..:->. _ nott:_ .... .._.,rs=.~,~ ;,[rat: xud Lender. snd Lender <br />rose .nskz praei a }oa • of ._,_,dz prep _ tip' - Borrotcc.. <br />FTr~:es. L: n':c._ n_. ~tl*.O _ ~..Z2. ... ..... .... .. ... . t_.u. .3,. .. ..t :J ies`.Oratlon or <br />1'e. 9;t t. ..,e IroU ^;r I:ni - ... t,.t, i:. ., ..... ... .. ... 71i .-.c. ihr ~rt'llnt\' {,t <br />Lt:25 ~Iuitgage ;? not There[ at"h _-t:;;. ~ ._. .:r : .:. .: ~ .., .. .t.,..:..;{ er rite -ecurit~~ <br />of tai _l?ertgsce ,, old t,_• : i?r,~, ; __, t. t .,... i ,. - . _ •rureu ::~' ti•:ic \loragage. <br />vriLh tVae zst~ss. ii ant, mid *.o Iiorroa r: ~_ ,..c I'ropettl :> ah„r_,ir~ te.i i,r Ii~,rro;; rr e_ ~: Borron zr iatls to rzspond <br />Ltl Lrnazr x'ithtr. 30 :fart silt. sot :.t i+y ..t.,drr ..~ hwrotcer ..::a t:,t ns<t,..:ant ,. : _ t+tirrs r+ .rttr a elsint for <br />L^.S1I'84C?.~2_*1_nt_, -- ... _ .... u.._c -. ,+.-_ i:::; 3}+i '\ ~ :Il -1 s::i:e l,f~•~c~rrra r.ii Lcn~ii~r. ppi301? 21Lh2I TO <br />r~-TOratitln o^ ter+,ir o. -rr Yroi,r.^.r , .t ...c . _.. _ _t•rurrd ,r t',i> \lun~agc <br />L'^le~: Lt.__t: ~..: Rarmtcer _:..r:,t:_- s,;rr,~ :_ ..tang. st:c ..,,.. - . :;inou of .ec'<:• to principal shs}l <br />:.rot exT.end er' -st}'ri:ne t',z Lae care cu t._z r.;oral:h' ::_>ailn:e;;*..:r•iern'•_' ,` .. grap!~< 1 a,. ? i;zreoi or change <br />t.ile tffii?':nt Di snti: i*.stall;nenL. <br />if under _tarsgr~rh }_+ ereoi the' a _ 'ertr ;= seyw=xi br 7-~•°nacc ...: n~:u, nee :;nd intens=, of &orronzr in <br />'r <br />- s',~ :-,r..{,r -~ -.: at.i L•, t'+e - ~crrtia t-: -..,: ~t-., ::~ .\.r:?1 r:: t.. -•,:m _t :...: b; T?:i \lo.**,- <br />:_. „t~,s,f,a ,.. ~o . .. _s:,. z _...... .z. _. _ .,::. .:it ;c,' Yn*lk ~ ,,r:-. t. *hc sale or <br />;a: ti)'SiC;:Yt=II ~II~:. ; a. .i. irniler. <br />C PreaerecxYzoa amd MMaianteaance of Property: Leaseholds; Candomituu:rs Barr~,;eer slut;] kzr{> the Ytop- <br />rr4} _• _ri::r_,8.. i. 1 _..; . ~. ,•rrn _ ,tt:.: ~ t a-t:= .; :t:.::e.... .. . .. ±,a:: t. ...r Yruprni snd shall <br />_ ,_ <br />,,,,t, Be ._a ~_ . ~ lc , ._ ci Bc.'3; -.. t ,... -` -._. ,. ,, ._t ..:. ___ , . :caster tleeci. <br />the Jc-iaA': 9': ~~~R t,-..:1._..: c t.: .,..r i.7Z ,.-.:._.ii..l .--i ~. '. ~..:. . ]r `U['.: -c':-:I:, <br />Z. Proteciiost of Leader's Security. l i Bar]+;tr- .. ' ,,: .. r i c:,, •. ,y, : ••. r _.... _ ..x:;rreturuL cortsit;cd in <br />., <br />: <br />the Ier°e~r ,: .:\ set .n t , ,o'r ., . :. ... . .... ... .. .. ..... .:..le. .,..ere,t ... tiro YroP_ <br />n. , <br />e7'1S. 'ut - L~ 1- t:.: , 7,I ~7t,r .::.. .: ~...: - ,,,.'1' :::t .;~,' .- .. ,:r 7. .,Ce.,[;;?. i1" 1 R}Ceed- <br />irtgs lnroit'ing1 * ar~r~:: cr .r.,z-_ent_ ,i:r_: L.•:.ar, ,,t t ~,..:< '.; :,t : t :. :.: :...:.. :', 1?[.:otrr:. n:ar make such <br />at.~?•st,[rs ,. s+ _ ,. _. _ >z a-ic tal.r ~, t ,. ~_ _t , t_ t-..< 1.,,~.a ,..rtes[ ,u:•ludiu>;. !~u*. <br />329[ ;at?'....1 .ti'~it,et4 . .. rr~;.J...... s:'.,•a.r\ - _ , _ . . ~'. .. :..al:i "enaire~ _a rc <br />~,c t c - -, :. , : ~ _ : <br />amcurs;_ at°'tnsr~ iv L ,a! ~ l.u ~c . _ r at ,lt'~ _:.. :r_...:trt, _.,s!::n~-,tort addtt?onsi indebt- <br />adtrz;s o; fio..~ar ure;~ '\ 1- :.. ~~5t--t~ s k:,rn+tt ..,. ,.~:.,..* aGr~•r ;+r, other lets,- ai pacment. curl: <br />wm=C'i~.~ '.i:.... .' i3\5 ._ _ _tu _ ._ ._... ! _...__. -t ~ ±.^_ dt. P,. _-'.:i\ ._..I ..., ~....:, ,..:I'fa:l Goa: rt.CT_ <br />_. <br />ir€+rrl u.: dntr ... _.- c.lrt.', s: _ .... .._ ... ,_., \i,. ..... _ , >\.!,t-., t :r;reres :,t curt: rate Would be <br />, <br />~trarc tc stt•!:<s.., ::au .:,t*. , _..t .Lr: .t..:.,..: .:a. *,es: ir.rrrest :tights[ ..*ate pznniz:cibk hr <br />~TM;?;.r~``'e >ati l _ _. __...... .. _. _., .... _ _.,..,.c. _ .. ,,,. .~;pet„t or do at.\ .... <br />!iC77aatrx~2r. <br />3. tbcu. 1 ..,.. .,tsi: z.-+ ,t, isr ..> .:~ ,,:st .r -..*rie ,. s..'i a _ *Fr Yrt,n- <br />~rtr• p;s:,\iSt+: ,':4 I .,1e_ - ~~-: _ _ F3 ,a r. .. .. .-- .::\ .. .. .,... .. _. ....a!~;< <'3;: r <br />the^efar relat~3 t~ Lender's .-:arrest tr; the Yn,net^\ <br />~ C-a±*o;s. Tr ,-rc,~.. . _ Y.. ~... ::.:..,, :.,.:uFe_ ..irz.. - .,: :7r~..e::,i:;...., ..,:.ne[:..or. <br />[can am r~a,i~r.,.~LOC, %: [t*t2-= .~~st ~- •: ?t:r Y.~$+r-n r. r } :,:; r,,<.to: , : t r ,1.', -;:,,: - tr, lir•- <. ,•at:drn,na- <br />tion, Are nereG}° ms::gne:i se±± sl:a!1 $,e psicl ?<, Le::der <br />Irv[}iee,enTOf atotaltstkizy;c+i int~Y*o.+env it!c-i,ro i~I -~,;,il i ,.,}:p{i:,i t„ the =any =r:'t.tre,d b~~ ihi; ]~Ion- <br />gage, ncit3i the rxr;~, if as_ ,;,aid to KarrcurC. In ;I,r erect ni s n:trtiai Lakmg of tt:r Yr!,}.rnt~. unie-, Bnrrow~er <br />snd Lender atitert~ir~ agef is mritlnE. ti:err _h:,ii t>i• al~l;it<~d ti+ t:tc -utus -r, un.] t,y ti,ir ~I.;rti;aer -uc}: praltur- <br />tion of f;;e rxu-srt~d;. ~ is equal *_o =,1;-at pt„tw; , ;',~iti{•la t.._ snow;, of ,hr _._.:= -ecurzd l,c >l:i< Mortgage imtne- <br />,aiistelp prior to the dale of islring bears to ti:z~fsv tuarket slur of the Ym¢,e?a}' i?mt:edia±rh- poor m the date of <br />1S}I3II~, R'l~.ll t~1E tlalsnte of Lhe LirOeee.`la psld ?c ${,rron-el'. <br />If t3taPmperty is shandoned b}• Borroner er ii atiter nou;•r ;,c Lender to Barroa'er tha*. the ccn{icuwor offers <br />to make an at€ard or se[r]e a clain3 for dst:ttsgzs. Borraa er fail- * , re-;,or,i :a I.e??der t\'it i:i?. 3fi ,iu~•s of tl:e date <br />of sn€h notice. L,tstder i= autl;orized to crollect su<1 spph t';e l,rcw{•c~,i- ,: hc•r.,lor'- o;r' r, .^tht•r ?n restoration or <br />r~ir of the P*opertg ar to the sums ratvred he this llortt;5gr. <br />Unless Lender and Borrower othent•se agzee in retiring, any sucl; spplicatior, of proeeed~ to principal ~-ilali <br /> <br />_~ <br />~~ <br />+~-' <br />~'. <br />