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<br /> - Loilli NO' • --.--, . .. . -. .. . •..I-- . '—.'-retilifl'aln.-.•-•- - VOL: -13-3■00158 •-PAGE.- 14-----:---::.-••--.-'-----'L.-- —__
<br /> . .
<br /> . ..-' '. Oranolid Mar Agareeterd.-My•beach-by Grantor under the tame of.eny otherapeement between en Grantor and Lender that ranot relheded
<br /> ._.... •
<br /> .. . . . .
<br /> neat any gram period providadthwein,Mebane WNW linadon any egrearrod concerning any indebtednese or other obligation of Greyer to
<br /> . . .. • • Lander,whether eating now or Mar . •
<br /> • liesels MINIM,Guerantet. My el the preceding evenb oceum nth respect to any Guarantor of any of the lettlebtettneas or such Mastator . . .....
<br /> dies or becomes inconastent. Lender,al Its optlon,may,but ehal not be required to pewit the Guarantors estate to assume emanational/the • . . . - ..
<br /> • eiggratitos geeing under theguerenty In a wanner adataebry to Lender,and,In doing so,cure the Event of Default.
<br /> •
<br /> Wailia A/10 MEWS ON 011PAI/LT. Upon the Coceterence of any Event of Odra and at any time thenrater.Lender,at Sc option.may exercise •
<br /> any one or nore 01 the teeming rights and remedies,in addition to any other rtghb or remedies provided by law:
<br /> .....
<br /> •
<br /> Aseetwele Ind/Wildness.Lander shall have the right a its option without notice to Grantor to declare the enema indebtedness moderato due ...
<br /> end payable,Including any prepayment penal!,which Groner would be required to pay.
<br /> WC ROMOIOL With respect to all or any pal of the Personal Property,•lender shall hive all the rights and remedes of a secured piny under
<br /> ,
<br /> ...
<br /> ow Crane Conmerdel Code.
<br /> t /,-...,, \
<br /> belied Rads. Lender 5110*hove the right,without notice to Grantor,lemon poweselon of the Property end coiled the Rents,including 01110Ale
<br /> past due and unpaid,and suds the net proceeds,over end above Lender's caste,,against the Indebtedness. In furtherance of Ws right,Lender
<br /> may require any tenant or other user of the Papery to mike perm*of rent or use tees directly to Lander. If the Rents ere collected by Leader,
<br /> then Grantor irrevocably deeignates Lender es Grantor's atiornepWritect-to-endoree bletrumente received In payment thereof in the noire of
<br /> • .. .. . ..
<br /> Grantor wale negotiate the sans and ailed the proceeds.Payment.by tenants or Warmers to Lender in response to Imam*demand shag
<br /> edify the edlOIMPIrs Me elicit tile Wrenn We made,wlidh rff....eattLnysffonejgragae for the demand exited. LaMar may operas°an
<br /> ..
<br /> . nolo,under OW araperagreph either In person.by agent or through"a receiver.
<br /> F . . -. .. . .
<br /> Omelet Reselves Lander chat have The riga to have OfOCOVOI appointed to wire possession of Mer any part of the Properly,with the pour,to
<br /> petal endemism the Property,to opendethe Property preceding foreclosure or sate,antteiMWM the Rents from Me Property and apply the •
<br /> ..1.--.... ' proceeds,over and above the cod of the mosivership(against the Indebtratness. The reeelver)hey serve without bond It pemitted by law.
<br /> Lender's nod in the appoiremem al a mother shell wistivitother or not tertgrent wadi of the Properly woods the Indebtedness by a
<br /> • 'etiolated arriorat Deployment by WU.'shell not diseseitle apemen-eons es a receiver.
<br /> MIMI Forecloses.,Lender may obtain a piddle decree foreclosing Granto'h Midget In el or any pan of the Property.
<br /> • •
<br /> Deadency Judgment, If pernated by applicable leo,Lena may Ob$n a odgeiwit tor any deficiency remaining or the indebtedness then te . .
<br /> Lander after application of al amounts received from therecerche of the rightsrarandid In this section.
<br /> I Toomey at Suftwanos. If Grantor remains In possession of the-Property atter irePtriperM is sold es provided above or Lender othenvise
<br /> becomes waged to possession of the Prepare/upon default of Grantor.Grantor Mali become a tenant at sufferance of Lender or the purchwer of
<br /> the Property and Mal,at Lender's option,either raypirr a reasonable rental for the use of the Property,or(0 vacate the Property imrnedatety
<br /> • upon the demand of Lends. ___ • •.. ,
<br /> ),'
<br /> Other Reseadles.Lender shad have all other Nettle, ,andresitidleeprovired In this Mortgage or the Note or available at law or In wildly.
<br /> . I' . •, ,
<br /> Side d the IheperW To the extort pennitled by applicable law,Gproari:— hereby waives any and ati right to have tile property moshatira. In
<br /> exercising its rights rata remedies,Lander shall be free fir sell all or Part of the Property together or separately,m one sale or by separate
<br /> seem Lender shd be sidled b bid at any public seb on all or any of the Property.
<br /> F Hodes al Salo Lender shall give Grantor reasonable' g
<br /> of the me/and place 01 any public sale of the Personal Property or of the tins attar
<br /> • I Mich any private sale or other Intended dierasearai of die P1aenin Property a to be made, Reasonable notice shell mean notice given at least
<br /> Ian(10)days before the time of the sate ordepositioh.
<br /> L.--'
<br /> Waiver;Elsolles d Remedisa A mivra by any party of a rawh of a protection of this Mortgage shall not constitute a waiver of or prejudice the
<br /> party's right*otherwise to demand did ftrpftence with that WWWon or any other provision. Election by Lender to pursue any remedy altell not
<br /> •
<br /> exclude prasult of any other retneW(and an election Make-expender=or take action to pertain an obligation of Grantor under Mb Mortgage
<br /> after leansol Grantor to perform WWI not Oiled Lenders rigid to dedere a debut(and exercise Re remedies under this Mortgage. ... . .
<br /> ,
<br /> -• • • -- . —.... ..._ ... ... .Attetneyie Fame glypensee.If Lender institute-9-am suit of action to enforce any of the terms of this Mortgage,Lender Mall be entitled to mover
<br /> such sum as the coral may adjudge Miedettite as alleniatr•lees at Mid end on any speed. •Whether or not any court-action.in involved.at . .. .._
<br /> reasonable expenses buffed by Lender that in Lender's opinion are necessary at any time for the protection of Sc Interest or the enforcernent of
<br /> Os rights shall beoome a part a the Indebtedness payable on demand and shall beer interest from the date el expenditure una repaid at the Note
<br /> , rate. Baseness covered by this paragraph latitude,without Imitation,however subject to any Mats under applicable law,Lenders attorneys'tees
<br /> 1 ' and legal expenses whether or not there le a lawsuit,Including attorneys'fees for bankruptcy proceedings(Including efforts to modify or vacate
<br /> • i any sulonatio any or indiction),appears and any anticipated poet-judgmere collection services,the cost of searching records,obtaining She
<br /> reports(actual%foreclosure remote),surrayers repots,end appraisal fees,and the insurance, to the extent permitted by applicable law.
<br /> •Grantor 0110 Wilda any court costa In Melon teat other sums provided by leer.
<br /> NOTICES TO GRANTOR AND OTHER MAME Any notice under this Mortgage,including without limitation any notice of default and any nurse of
<br /> • •
<br /> •
<br /> It ode to Granter,ehd be In wring aid shall be effusive when actually defeated or,if malted,shell be dawned elute when deposited in the tinned
<br /> States mai first Moe,registered melt postage prepaid,directed to the addresses shown near the beginning 00 dm Mortgage. Any party may change •
<br /> its address for Mao under this Mortgage by gang formal mitten notice to the other parties,specifying that the purpose of the notice late charge the
<br /> party's address Al copies of notices of biscloeure from the holder of any len which has priority over thle Mortgage shall be sent to Lender's address, .
<br /> • as shown new the beginning dells Marasco For notice purposes,Grantor agrees to keep Lander Wormed at all dines of Grantor's current aelteess.
<br /> .•
<br /> • MISCOLLAREOUS PROVIGIONS.The following misaleneous provisions are a part of this Mortgage:
<br /> • Amendments This Magog"together with any Related Documents.constitutes the entire understanding and agreement of the polies alto the
<br /> maws eel forth in Stile Mortgage. No alteration of or amendment to this Mortgage shall be effective unites given in writing and signed by the
<br /> party or puttee sought to be ehwged or bound by the alteration or amendment.
<br /> • -- I - -- *wool Repeal. If the Property is used Is purposes other than Grantor's residence,Grantor shall furnish to Lander,upon request.a certified
<br /> . Named of net operatlng Income received from the Property during Grantor's previous twat year in=oh tam and ramie es Lender Maltrapare. • • • .. . .
<br /> •
<br /> • Net operating Income*shad mean all cash receipts bun the Property lees at cash expenditures made in connection with the operation of the
<br /> • Properly. .
<br /> . Appliedde Ma UM has been Wavered to Lender and by Lender In the elate of Ohio. Title Mortgage shalt be
<br /> •
<br /> gmernedbyeadeenalwedMwreessordenee with Me andel the Wets oll=id
<br /> • •
<br /> !Wan Ception headings in this Mortgage se for convenience purposes only and are not to be used to interpret or deline the •
<br /> ,...r.__-, ... • .: - .: • • wevistonstaf diilsitagep.
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