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<br /> � COM��►RED
<br /> 77' ( ! ("r � 432
<br /> I.euder'� writtee sjceement or applicabie law. Borrower shall pay the amount of all mortgage insurance prcn�ium� in the
<br /> maseer provided under parasraph 2 hmeof.
<br /> MY amo�q di�bur�ed by Leader pursuant to this paraQraph 7. with ioterest thereon. ahall become a�itanal
<br /> it�debtedoas of Borrower secured by thie Mort�age. Unless Borrower and Lender agra to other terms nf paymmt, wch
<br /> � ae�o�ts dul! bo payable upon notice from Len�r to Borrower roquesting payment tfiereof, and shall beai intereat froe� d+e
<br /> date o( �unamant at the nte p�Yable from time W time oe ountandins principal under the Note unlen psyment ot
<br /> inleewt aR ruch nte woutd be contrary to applitable Irw, in which event euch amouots shail beu intereK at the 6ishat raRe
<br /> pwn�ibie �der �pplicable Iaw. Noth"sag contained in thes para�rsph 7 shatl require Lender to incur any e�cpeme or t�ke
<br /> �ay adioa herauedac.
<br /> �. i�elfr, Lender may make or cauu to be made nasonable rntries upon and inepections of the Property, provided
<br /> tlqt L.ender � �ive Horrower nMice prior to any such inspection spocifying rcaaonable cause theretor rclated to L.endet's
<br /> ieteteN ia the Propetty.
<br /> !. GN�Wb�. 71�e proceeds of any award or claim for damagec, direct or consequentisl . in conneetion wiW any
<br /> condiannstion or other talciu� ot tf�e ProQerty, or part thereof, or for conveyance in lieu of condmnnation, aro hereby afd�ned
<br /> and slutl 6e paid W Lender.
<br /> ' In the evewt of a total talcin` of the Property, the proceeds shap be applied to tfie aums �ecurad by thia Mortsye.
<br /> with the excess, if any, paid to Borrower. In thc evrnt of a partial taking of the Property, unless Borrower and La�der
<br /> oelverwi+e ssr+e�e in writeeg, there chal! be applied to the sums secured by ihis Mortgage such proportion of tLe praoeeds
<br /> u it equat to Naat proportion which the amount of the sums secured by this Mortgage immediacely prior to the date o[
<br /> taiciq� bean to tMe fair market value of the Property immediately prior to the date of taking, with tfie balance of Uu proeeed�
<br /> paid to Dort�ow��x.
<br /> I[ dfe *mp�mty is abandoned by Borrower, or if, after notice by I.ender to Borcower that the condemnor oRen to nfake
<br /> an award or cettk a claim for damages. Borrower fails to respond to Lender within 30 days after the date auch notite is
<br /> maibd, Lender is auttwrized to co0ect and apply the proceeds, at LendeYs option, either to reswration or iepair o[ the
<br /> praperry or W t�e wmc cxured by thic Mortgage.
<br /> Unku Leeder and Horrower otfierwise agree in writing, any such application of proceeds to principal shall not autend
<br /> o[ postpone the due drte of the monthly inatallmente referred to in paragraphs 1 and 2 hereof or chanQe the amount o[
<br /> wch imtalMwrts.
<br /> 1�. laerswer Not Releared. Exteneion of the time for payment or modiAcation of amortization of the sums tecurod
<br /> by d►ic Mortsare granted by Lender to any successor in interest of Bortower shall not operate to rcleue, in any msnner,
<br /> [he Fiabitity of the oriQinal Borcower and Borrower's successors in inttrest Lender shtll not be required to commence
<br /> proroedin;s a`tiast such eucces4or or rofuse to extend time for payment or otherwise mod9fy amortization of t6e sums
<br /> cxurod by this ldort`aee by reason of any demand made by the original Borrower and 8orcower's successoes in Interest.
<br /> It. Feeiareree Yy [.eaier Not a R'dver. Any forbearance by [xnder in ezercising any riQht or remedy hereunder, or I
<br /> otherwice alforded by appticable law, shall not be a waiver of or preclude the exercise of any such riQht or re+nedy- �
<br /> 'i1�e pra�cure�eM of insuraace or the payment of taxes or other liens or charges by. L.ender shall not be a waiver of Laeders �
<br /> ri�ht tA �coeknte the maturity of the indebtedness cecured by this Mortgage. ,
<br /> 1S. te�� CMddlve. All reinediec provided in this Mortgage are dietinct and cumulative W any other ri�l+t or
<br /> � romuty under this MortYa�e or aftorded by law or equity, and may be exercised concurrently, independently or aucceuevely. �
<br /> !S. �eaw�a�s aw/ A��s isu�d; J�f�t ari Several I.i�b9hy: CaplMos. 'll+e covenann and a�reemenb F�eeeiw t
<br /> � contained ahall bind, and the rights hercunder shall inure to, [he respective successors and assigns of Lender and Horrnwet. �
<br /> wbj�ct W the provisione of puasraph 17 hereoL All covenants and agrxments of Sorrower aha11 be joint and eeveral. ;
<br /> 7Le captionc and headines of the paraQraphs of this Mortgage ere for coavenience enly and are not to be u�ed to
<br /> iMetpnet or de8nt the provicions hereof.
<br /> i1. NMice. Except for any twtice requircd under applicabin law to be Qiven in another manner, (a) any notioe to
<br /> BorroWer provided for +n tHis M�rt�age ahall be given by mailiag such noticc by certifled mail addreased to Borrower at '
<br /> tl�e hoptety Address or at such other address as Borrower may designate by notice to Lender as provided herein, affd
<br /> (b) any nutict to Lender chall fx givrn by certified mail, return receipt requested, to Cender's address uated hercin or to
<br /> tucA other address as Lender may desianate by notice to Borrower as provided hercin. Any notice providad fd' in d�is
<br /> Mort�ase chall 6e deemed to have been given to Borrower or Lender when given in the manner desi�nated Foerein.
<br /> 1S. Udl� 1Neee��e; GoveewYK Law; SeveraMtlty. This form af mortgage combinec uniform covenantc for natiooal
<br /> we aed aon-uniform cov�nants with limited variations by jurisdiction to constitute a unifoim security inatru*mm�t coverins
<br /> rcal propetty. This Mort�sse shall be �overned My the law of the jurisdiction in which the Property is located. ia d�e
<br /> event thet any provi�ion or clruse of this Mortgage or the Note conflicts with applicaWe law, such conAict shall not asect
<br /> otiier provicions of thic Mort�aee or the Note which can be given eHect without tFse conflicting provision, and to thit
<br /> end tf�e provisioec of the MortgaQe and the Note are Jeclared to be severable.
<br /> lf. �aw�a°s Ce�y. Borrower sR�all be furnished a coaformed copy of the Note and of this Mort�ase at the time
<br /> of executioo or after rocc+rd:tion hereof.
<br /> ' 11. !'n�ter �f 1re l�1y; A�. If all or any part of the ProQerty or an intercst thenin is aold or traeatereed
<br /> by Hurrower without Lender'c prior wri[ten consent, excluding lal the creation of a lien or eecumbranee wbardiaste to
<br /> this ![ort�a�e, (b) the creation of a purchrse money security interest for household appliances, (c) a transfer by deviae.
<br /> desoaN or by operation of law upon the death of a joint tenant or (d) the grant of any kasehold intetest of throe years or le�s
<br /> rot eoetainia� an option to purcha�e. Lender may, at Lender's option, declare all the sums cecured by this Mottp�e to be
<br /> itefeedietely due and payable. Lender shall have waived such option to accelerate if. prior to the sale or transter, I.ender
<br /> and tlfe pena� M whom the Property is to be sold or transferred roach aareement in writing that tfie credit of such persoe�
<br /> ic ptisfactory to Leruler and that the intsrest payabk on the sums secured by this Mortga�e shatl lx at :uch rate as Lender
<br /> �Yfll eequeu. Ii Lender lus waived the option to accelerate provided in thic pangraph 17, and if Borrower's suo�eror i+s
<br /> iwteest b�c erecutod a writoea us�ption agreement accepted ia writing by tender, Leader shaH rcleace Borrower from aN
<br /> oblipcions uede� tl�is Mott�a�e and tfie Note.
<br /> If Leader exercises suei+ option to uceleraec, Lender sha11 mail Borrower naice of accekration in accordance with
<br /> p�r�aph 1 � I�eaeof. �ch ewtice shall provide a period of not less than 30 days from tfie dau the notice is maled within
<br /> r �iei lorcowa may pay the cunn Ascl:rod due. If Borrower faiis to pay such sume prior to the expiratia+ of sucl+ period,
<br /> r Lewder fty, witl�a�t [wtha eotice or demud on Norrower, invoke any ren+edia permitted by paragraph 18 heroof•
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<br /> ; NoN-U�usraa�[ Covex�rs. Hormrer and Lmfdet� furtl+er covcnant a�+d aQree as follows :
<br /> i
<br /> y' 1L +1�e.d...li.�1 �. s�.rM .. p�.a+rri i� �a�6 17 r..wr. aw a.rto�..ar. b.+eaer ot aq ee�e...t er
<br /> I �tf f�www� i� wi M�. de1� frc esvemwu ts My �r1Ma Are swy �w� ree�red by 1w Ms�{e. I.e�Mr
<br /> �I.r �.a..i.rN.. iw w ..w. b �M.�..« .s �..ab�a 1� /.e.�r ls Ynwr .�.d[yi�: tq �e ro..ers [s) w .ell.. ' �,
<br /> �� �!�M f!� ��� i�� �! 1�r �r � �i �r1O YI� �! rC MIIC! 1i Yrl� �O �OAMwVf. � !� � " .
<br /> ��� � �� � � � �'� b a� rL"� M�fl�l� M� K Y�M�! Mt � �OC� � IYf MIkM �' l� ` •= .���� S
<br /> � � � � 40�� � � �+ /M�C�Nr/�! �' }�C� � �� W! � 1�t �7�lAf. ly! MV!'!
<br /> �� �r1e �w iMwwe d re d�l M srlrhr �lYrr �ca+�ewtlN ari tYe �f�t 1� a�eat i� IYe MnelMr�s �
<br /> �t Nl�ee M f �l11�# K w�► MMer ilia�s e! Mer�..er 1� #� f� tere�iNwe. M /re MwA i �t ewi M
<br /> � w i�r�� ir� �db� i� IM ��, I.�wi�r r�r Meiw ai �f We �w� rc�w� Yv Yiis h1�e�ye M ie 4w�tdy ie .
<br /> �i ��i �MM��! �w01�r Mrl�rl i�i ��11' fweiir� Iii M�Ip� r!' � l�r� [�r ii M �MIMi � � ,�
<br /> � M M/1r! Is �� i #+�rrM �t fwrMwew 1�i�. M�t �er i�YN M aw�i� �q�weri !w� ri c��
<br /> �t � �,�a�nl�lle�an/ Mw .��M.
<br /> � �!. iaw�w"c �l �o ��LrIW. Na�tW'«� LenJer:► u;�elecatiou ut the sums secured by this Mort�ase.
<br /> � �1[awMr tMN 1Mw �Ye t'1�t b IVMs a�y pnepe�bi�yt bepa� by Lender to enforce tAis Mortpse dccoetieued at any time
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