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<br /> �. SUCC�BR�619qfl ASSS�Ri3.�This Df.artgFg�� �!���inure to th�bsneflt ot Martgagor and lanQer end theU respe�. ;
<br /> suar�°_crs,esstqn�,trusiees.roeelvars.admtnisRratois,ParSOnal tepresentatives,tegatees and deviseea �.r��-T,..
<br /> , `�, �, NtOYICES. 6ccrpt as oth�rwtsa nqul�ed�y law.any notiae or otAer communlcauon to�o provided undsr this Mortgags shall be In arrt�i^g and ,:.��;,�:;:�.:
<br /> .` svrK tp t1i�przrNes cst ths aQdwssea deseti�ed in thl3 N�rtgaga or auch ather aridress as tfi�paNes may de�ta In wsi�a�from tFme to Ume. Rny S .. ..... .
<br /> suah noSla so p(van r�nd pM 6y first ctess mrJt,pc�C�q e prepsld,shall ba daemed ptven the earltnr o7 thrce(3 dayn after such notice ts soRt or crhfla � ��
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<br /> ceca{vad by the person to arhom sucA nottce Is da1n� g gfven.
<br />--- S3. S�6''e:.�lL!'iY �.'hanavsr pas�ihia.eaeA pra:�tars o!!h!g N�Rffsge sh�Ea I n t ergro t e�s o a 3 t o be ettecUva enA ve1i4 undet a p plicab�e stato ---_
<br /> . . G; 1aw. B any provislan ot thts NSartQege vtotates ths I�x►oi t9 uneMorc�aabt�,ths rest o!ttio Martgape shail coMinue to Ga valid and etKorceaEfa. , n�. •
<br /> � 31.A�ALiC�IdtE t,AW. itiis Matgege shaU!ea govamad by tha la�rd of the state where tna roal praperry is lacated. Unt�ss siopfleable iaw pravMes =n�._ . .�
<br /> • aSherxriao.Qramor consenis to the jurisdictlan and venae at any court selectad Eyr Lender,tn its cote dtsc�etion,tncated in that sfate. '�'"'-�
<br /> 32 HO 4HIRD PAfiTY R[til8Y8. �b Rerson is ar si�atl be a third party Eaneftciary of any provision ot the ktartgage.Atl pmvlsions of tAo MA�qcgs in �,``�•.,r:-`
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<br /> ' tavar o!Lander are intended sotety for th�Toenefit ot tsnder,and no th(rd Qarty stiell�e eritWed to assume m eupect 4hat Lender w[il noi wutve ar • :.;�.rt=�
<br /> con�nttoths rttpdi4ica�on o!any provisfan oT the�Rartgage,in lender's sate discreUon. " �
<br /> " 33. PRESEFlYA71�H OF llABlLiY AA[D PR[t1R17Y. Without atte�ting tAe liahtlity of Barrawer.Martgagor.or any gusrantor of the obifgs�flons,er '�:�-;:.::` �-
<br />�'f� arty othet peraon(oxeept a petsan expresatyr eeleasad in writing)for the paymarn and performance af the ObRpatiUOtis.and ed9r1ou4 afieeUng ttt$�gttts :_.�=;`_:"---
<br /> of LenBar vriYl�tespect to any Rroperty nat expressly rolaased(n writing,and�vdhaut Impairing in any way tho pdorfry of thfa Mortgage over the �.��_-:�.::_� :
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<br /> � (nLarost ot eny person acqutred or fitst evidenced by recording subsaquem to tho recorditag of fhis Mcrtgago.L$ndet may,etther before or aRer ths -��•�.-;S-._
<br /> � maturtty of the ODllgaUona,and without natica or consent re!e�a eny persan IiaE[e tar payrteent or pertorr.�.a;�of a!I ar any part otthe ObllgatIcns; ..��_.=
<br /> ' make any agreement attadng tAe terms af payment orµertarmance at atl or any part of the Obugatlon�ez�sa or reiraEn fram oxercisir:g or watve •E��_
<br /> any dght a romedy tP�at Lender may hava under tha N4ortgaae•a.eap2 adst'ittanal seeuri.y of an;t kir.d!'�any►of tha Qt:Egatte�;cs zieass or .�.;,;�;4.-:-
<br /> otherwlse deal w(th any ren!or persanat pmpa•ny cecxutt�g the ObHgallona My person acqutBng or reco�::g evldencs at s.,.{interost of a:.�y nawrs �r-r�-�-.
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<br /> � in the F4vpeRy shaRi be deemed,by aequtrfng suefi intecest or rer,ardirtg any evldartea thereof,to have�nserrted to s'��any sueh e�inr►9 by -�-=:,�
<br /> • Lender. _.__
<br /> 9!. O�eFEASA1tCE Upen 4tts payme*.�i ertd pMormanca in tull of a4 af ihe Obiigxtions,Lendor wilt axacuts and delNer to Mor�r,�nr thase r`��T ---
<br /> documeMStttat may be cequirodto reie�a�-'i�s Mortgage ot record. Ma�ar eha1�be responsibfe to pay anycosb of cecotda6on. ----
<br /> 33, C�i< « CTiQti Lt9&4!.Q This Ma�+gage is a ccc��ction mortgagB undsr the Unfform Commercial Cade to secure en obiigatian irtcurted
<br /> i�t ths ccs�..�'�.:Gtio»art ees i.:�vuemaM on Iana,Inctud��a:tl�ra ncquisition costa of tand. Thia Martgege securea a eonstn.ctl�n foan,and it witl he ��.
<br /> : usejin the cc�a�ttuc8on,deve�eat,�o oF�ara�o�t�Ae+tY.wh�etRer�storetl on o ofl�Pra���shallnaiso bYe sui�je�the I�iendo�f 1!►is Y-...�-—
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<br /> - 36.WAIYF�t OF H03SESTEAD.N'.artgagx�by�vatvss a1!homestead exempUons in fhe Proportyta+�r�a�l�3ut9a9arwoutd otherwlsa Ao enUtted «-�-•-�• �
<br /> unQer�nY apPiicabSe taw. . ���(
<br /> � mer��,nq�pyg, t� agor and Lender e�qree tilx�ti:na te ot the essance. Mcr�ar waives presa�trnarn.d=��tcr paym�nt,rroiice a! .Y .
<br /> - disfionor end pmt�t vxa-,�s�roqutrod�y law.All ref�:�ce3 to Mar�a�ar in tht�Ma�e shaf!Inc!ude e!!patsons s�yn�g below. B them is mnre . •�' %_.___
<br /> - than one Mottgegar,tlttir, �ligntfons sha31 be Jotnt�S several. `fi�Ta ARortgage rep[esenis the compleM integratad unda�stanNng between �
<br /> • Mortgagor end lender pertrai�ing to the terms and condi�orrs hareof. '� �
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<br /> �. 3R JUEiY TRtlLL WAIYHA. INOATGAl�tlR NE6iEBV LYAtVE�i A�',1V RtGaOT YO YRIAl.BY JU�if 1!J Ql3V CENil.ACliOta ARISit�3 OIJY OF.O�1 `��`'.n
<br /> . B�SED IIPa,Y.THiS I[OAYQAGE. �
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<br /> .: Al�Rgagorocimowl�dQaathatMortqayorhtsr�ad,understands.andegree9tothotcrmaandconditlonac9f�isMortgage,andaclmowNdg�ereaalptof �;,�.zl��-•.•
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<br /> o�at�t� 24--eayot SePtember 1996 _ , �•��:±;
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<br /> , a�oRrc�cox MoRrc�ao� Care Reill �`�{,•,`::�-
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<br /> . • MORT(iA[iOH: TERRY G:�1YES �1-`?••
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<br /> ' MASTSOID ��FormAtton TeWro!ogC�14r..(5l10/8Q) (�)837-3789 PAge 4 015 �••��'��.
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