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<br /> <br />Lsstdr`s wratma M or atppiicabie law. Btxmx+er shalt pay rtre rmwrurt r7f aB arongar instuantx prcmiuata in the <br />ataWlK pibsridotl tntdltr para~ 2 htgecaf. <br />fi#y ilaeaA7Ut t%tboersed ~ Letader ptssatrant to ihia p~arapaph 7, with iruereu thtKepat. shall irecotrre additivtsal <br />irrdshtedatw of Barprer atscesed by thin Mortgage. Llnicsa Harower and I.sreder sjrre is adrer tams of payrtsem, atxh <br />ataatrtb dtts# ht ptyahie ~ atxits fran [.essder to Borrower nsluexing iugmettt thcrarf, and sha12 6a~r 'sntereu from the <br />tha6 e( # the rate ptsyabk from time to bane on wtstan~reg principal undo the Noss tmisss payment of <br />isseatistt ~ fach rasa troald be teeRruy W appt'rxbie law. in which event such a:eeotratt shag bear interest aT the highest rate <br />ptstaaiaa$le trader applitnbie kw. Aloiltins sorrtaacd in the para;raph 7 shag require Lewder to incur any espurae ar take <br />tttsy setiea htxetasda. <br />fR 6spteiaa. Leader may mate or catae to be trtade rtnaoreahk entries upon and inapCdiorts of the Propcny. provided <br />that Ltasder s}aq give Bpttoseer >mtiee prior to any such inspection sptxrfying reasonable cause therefor relued io Lender's <br />iataxep in the Proptxty. <br />to The prtxeeM of any award or claim for dsmates, direct m catsegtrertial, in connection with any <br />condr~sitxt or o~rer taking of tlx Araperty. ar part thertof, er far convsyarsct in liar of cotukmtraziar. arc isesetrn asaigaed <br />anti be paid to Laaackr. <br />Ie the tver# of a ztttstl talierg of rise Progeny, the procseAs shall 6e applied ro the euma stcvred by this Mortgage. <br />with the ctteda. if aar, amid to Borrower. In tic event of a partial rating of ttre Progeny. unless tioripwer anti Lender <br />atfrerwiae ages to arritirtg, there shalt )x apptied to the soars saurtd try this Mortgage such proportion of the proceeds <br />as is s+9tral to tint proportion which she amount of the sums saurcti) by this 4tanttage immcdiazely pear to the date of <br />tteltir~ bears to the fair ttarirtt value at tfse Property tmmattatefy prrar to the date of talons. with the inlua of the ptoctxds <br />paid to Bprmsrp. <br />If dr Property is ~ by Borrower, nr if. aher ttatice My !.ender to Borrower that the candeatrror after: to matte <br />:a award er tseltk a ctairrs for damages, Borrower fails to respond to I.t:nder within 3~ days after ttte date such nonce is <br />tseaiied. Leader ri atti4hetrimd io collect turd apply the proceeds. at tcrrder's option. eithtt to reataratitm or repair o[ [Ire <br />Ptttporty or zo the stem setare~d tw this t#onfrage. <br />t3tNes Letrkr sad Bbrrosver ~a'snise agar in writing, any such appltcatian of procteds to principal shall not extend <br />a pnerpope the due dale of ifre tttpnthty itutalimrnts r:ferted ro in paragraphs t and ? hettxf or change tht amount of <br />stseh imtsgerx~s. <br />t4 iWt Raigaati, F~ttenaean at the trrpt tar garment or mr+dificatian of attxxtiratoan of the sums secured <br />by thm Mortgage granted Hy Letsefet to any successor to interest of &srrowcr shall not t'petate to release, on any manner. <br />:~ r~ .sr t!+s :'ern! t4,•aa~• a~ - :,~_..- c:s~ :-s ... o:::tra:. !.se,~ ;:ta:l 'n r~s.~+ . cara:E::m <br />protxrrdgtgs agairua wch stacs-csaor err rtfust to csttnd~tirtrc far payrtsent cx athersvitt modify amortization=af the sums <br />saeurasl by this Mcrtt~e try reason of any demand made by the ++rog+nal Borrower and Borrower s strt:cesatsrs in interest. <br />s i. RtaAtaraaae M9 I,+tsier :Vee a Wainer. nnc forl+earanre tw t ruder in c:erasing env right err remedy hemmder, or <br />odsetsr+ae arTntrded ~ applieable law, shaft oat he a waiver .tt or prechtde the exercise of any such right err rcrtttxfy. <br />The ~ of is»aramee err the payrr>cttt of axes c*r other tans err charges ray t.endcr :hap oat tx a waiver of Lender s <br />ruts to sttebgasa the maturity of the +ndetrtedtress securtd 1+t' this Mortgage <br />i1. 1Rnraiiq ~wstta!-f Afl rcmcs#ies prov+dcd .n this !Nart$age stt distinct sod cumuutstovt to env other right or <br />t$erttaty under this Moth rrr aflordtd 1w taw or tquity. and may he exercaxed tancnmmtiv, inaeptedently or strccesaivtly. <br />IS. 9~aeeatataa atttti Awlgtw lgeeartfa )siwt oast 5evertei I.tabipq; ('apAaaa. "tht covenants and sgrctments herein <br />cs~siraod shat! bipd. aced the rit}th htrettrder steal! +nurc to. she rcxprctivt strccessars and assigns of Lender and borrower. <br />sufsjec'3 to tfc provts4ons of ^aragraph l7 hcrcat. ~lii covenants end agrcctuents rrf 13anower shalt tx jo,tu and several. <br />T'he captiati a~ tssadinss of thr puagraphs <rf this INan;age ors tar c,xtvenience ~>niy and are oat to l+e treed to <br />itztsrpret or dtdese the provrsauns Ftetsaf. <br />i+i. !YaUt~ Eatcst,>~ far any taarce req:r~:d a_~Sr ;:pplsaMc laX t-t 1w grver, :n another manner. tsl any notice to <br />Borrower ptovded for in this Mort;agt shalt Rt gtvrn by nsatiin; such natrcc by ccm&d mail addressrd to tlarrawtr at <br />the Pttsptrty Addresrs err at t~I± whet address ss Barre er may deugn,rtt by tuxn+r t.r I~rrdtr as prrwl herein, and <br />tbl any tsoticr to Lreeder .Rail tee $rren by crrtifled marl, rttum rtestpt ttslueszcd. to I endei s address stand heron nr to <br />sstch other tddeetet u lender may dnrgnau he natter tv 8atawver as prstvideif fttre+n Artn notice ,._rvided far in this <br />Ivfart;age tttall tie da~mterd to ha*c t+etn gtven to drawer ~ lrredcr evlserr gtvtfl in the tasanp designated hertitr. <br />!~ Ls'~ [ f.swt Sarssai~fy- ?4:;s ~°rrtn f .:.-:tigsae za°sbitiea etrrfat;r. ~~vtnattts fe: national <br />ma a~ etas-irrzif'c~t c€~s~rrt~ ,aM~4 l?itr_ :a_riati l?y ,=1€=#€,ci+trn ~~ crtuis a =~~zfcrm ~:tuzzY it~surnRnt ttr=ng <br />Tgai petsty. T ar'Fga~ s`rt-sla he tcsri2d 7n t?~ iasv a( Plte urisd~r;an in wtti~tt the Property i4 located- In tits <br />ttYbat that any ptm iseon oar cLrrsc of zhes Mnzt~~ ,?r tle yUt; c.xnA~r. witty T~-~~ law, =<~h :~..,sA;c: c_e,~g ~ yNert <br />oti~s prtrlisicsns of shit i1a>tMagt ru the wort +rhich .ao tit green rgect without the corsrlictin; provosoop,_artd to this <br />sad Iltia pt~±si4ea of ~a[ hia~ apeI the yet atr ,~-=d hr ~ scnera~e. <br />iris Maaawrv"a CM!', Borrower shalt be furmshtd ., tcmformod rapt' of the IJatc and of this Mortgage at the tune <br />of etesxtnipn err after recardatitra hereof. <br />t;T_ T>raaetittr e! tiro !!seieatyt Aawenptlaa. If aU to any part of the Property m an intsteat tfrersin h sold at iraasferred <br />by 8arroemr wittawrt Letedar'a prior writtgr :anseat. estttdiltg tat the ctwtitm of a lien err arwmbnrrce subordinate so <br />that Iriptt;a[}a, fbt ih0 creation of : punhase enoerey security inttreft for ftatrtelrotd appiiancn, tct a transfer by dtw6e. <br />dttstani or Qt' upetstiaat of law upon the death of a jaunt tempt err id1 rtes grant of any isasrJeoid irNareat of three years m less <br />east as optipa m pzr++cltttaa. Leadr may. at f.epder's option. decfue a!t the sums steurtd isy thin Afort;tege to ix <br />t>sd5r tine and payable. t,eader shag have waived such option to a~derete tf, pt~r tp the sale er trawfer, !.ender <br />sad tAtt prraott to wham tht Property is to ire sokf err ttapaferred tench agreement in writing that the credit of such person <br />ds s~aetuty to Latadea aai that the ipurast payable an the attms securexl fit' this Mortgage shall rte at such rats as tender <br />shag tagttass. if Larderr hart wxtvad the optiotr to x-cekrats provided in this paragraph 11, and if Borrower's strccertsr in <br />iAtarwt has aaecutad a writtrr srtstnpiipa agreenscpt atxrpted in writing by Lendea, [.entkr stag release Borrtnver from all <br />~t trader' t~ sad the Noat <br />If Lorain tatartiaea o fry :cerkrus, Leader shall tnaii Btmawtr notice ~ acceleratitm in accrrrdanet with <br />pgph l# hrrepf. Bnch tsutice drag provide a period of nw lea than 34 days tram t~ dtrm the notits is rnailed within <br />winch Hara+ssr tatty pity tiro ttatns dxittred titre, If Botwwcr fails to pay wch sturu prior to the espintian of such period. <br />Lsndta arty, nridfag fW~er atrtice of demand an Bprtxewer, rnsrole any terteedoea pertnitttid try paragraph tg herptaf. <br />t+fppar+Utg1!ustaa ~.tsvrstatttni. Barawer anti Ltsnder fwtixrr csrvenxnt anti ogress as folbws' <br />ills ~ ~traNw. ~ tM pawiiai 4s ptrtpapM IT Maeeaf. spas iaarswatrr lhaeartle ~ try arrwwgaM ea <br />ts*wet~a~ d ltaestsaair ;ee tYa lYlaaspp, ~e~++•s tf-e ea.eaaais is -r nn;ei doe oar ata~ aaewrd it' sh4 1-lsaspiRa, <br />tasetttistrriir sa ataafisolitrte tt4tei teB taasita sa lwa.wer ere pte«riiM h ptsttaBtapi 11 tttareet r fl) ere lltte.srt <br />!~ toe wMaia erw~i M rtre oral Maaeiea (3j a riatr, teat seta Naa ~ slept ftrnaa tM Mee Uea wake b tsttdld a ryarssrrer: <br />it iMidt,tsettlt MsatNi tttrtt is eaa!at1F rat fA trN hoarse u cotes ,trei 6tseri w err fittthee tla- Mite geeelMi !! tits tsaNce <br />tsts>r truttlt~~+jE 1!a ataaas aaeseai h9 nitro ~ fattaelearre by i~'W Phi wti ante ed ties lrapaser. <br />'i'git aattrtst aBsi 1Yrl~Me iaNets lgtrttssrtr ar< tin tWtt Ma atrirWsMit atl7er recdeaalMa sari tYe tnigll M tattwr! its dM fateeiaaae <br />gi site ~ art a iaEastM at atq a+Aw dataiae of Mnww tis aeseittweiate ttttai [tseadtrstse. B slier 1Yeaaest <br />is tnN stwd ors aK tlaraao pr isle t M rir arKtte. I.traiae w t aseir's ~ ~ Metre ~ d tiYe tar trctteai 1!t' <br />tltis#!tMa~tBit 1s Mt ipttrtNOlrgegr tiw a.ti M~ taltlwert Pestler tiaaaaai ttrseti rtnr ineeiaae b 1nRcii jltwrwiitR. I.eMae <br />aitltiti Ba trstlM4i sa aBaat is tttaM grtraaaiYtB tale e~atrsa et fawc#ewate. . 4rt oat liaritat! tea, eettts of itseawoasttry <br />ttBt7s~t tisaL ills egaast. <br />>~ ~ Bests # #dMtlah= Nut~ag L.atder"s .asoe)eratrtan of ttea swm stxured hY ttsis !Nsxtt,eµt. <br />~ieaatsadt ttatsm Ma bight hs hws nary ~ ~w Ay t..stdc~r to enforce this Mortgage dtssamimted at any titmt <br />