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Ots...... 1 U;j 'I 5 t:: 12, ~. Except for any notice required under applicable law to be given in another manner, (a) any notice to Borrower provided for in this Hortgage shall be given by delivering it or by mailing such notice by certified mail addressed LO Borrower at the Property address or at such other address as Borrower may designate by notice to Lender as provided herein, and (b) any notice to Lender shall be given by certified mail to Lender's address stated herein or to such other address as Lender may designate by notice to Borrower 8S provided herein, Any notice provided for in this Mortgage shall be deemed to have been given to Borrower or Lender when given in the manner designated herein. 13. Governinl!: Law: Severability, The state and local laws applicable to this Mortgage shall be the laws of the jurisdiction in which the Property is located. The foregoing sentence shall not limit the applicability of Federal law to this Hortgage. In the event that any provision or clause of this Hortgage or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Hortgage or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Hortgage and the Note are declared to be severable. As used herein, ncosts," nexpenses" and "attorneys' fees" include all sums to the extent not prohibited by applicable law or limited herein. 14. Borrower's Coyy. Borrower shall be furnished a conformed copy of the Note and of this Hortgage at the time of execution or after recordation hereof. 15. Rehabilitation Loan Alreement. Borrower shall fulfill all of Borrower's obligations under any home rehabilitation, improvement, repair, or other loan agreement which Borrower enters into with Lender. Lender, at Lender's option, may require Borrower to execute and deliver to Lender, in a form acceptable to Lender. an assignment of any rights, claims or defenses which Borrower may have against parties who supply labor, materials or services in connection with improvements made to the Property. 16, \rfnsfer of the PrODertv or a Beneficial Interest in Borrower. If all or any part of the Property or any interest 1n it 1s sold or transferred (or if a beneficial interest in Borrower is mold or transferred and Borrower is not a natural person) without Lender'. prior ~ritten consent, Lender may, at ita option, require immediate payment in full of all suas secured by this Mortgage. However, this option shall not be exercised by Lender if exercise is prohibited by federal or state law .s of the date of this Hortgage. Lender may invoke any remedies permitted by this Hortgage without notice or demand on Borrower. 17. Acceleration: Remedies. Except 4S provided in paragraph 16 hereof (unless applicable law provides otherwise), upon Borrower's breach of any covenant or agreement of Borrower in this Hortgage, including the covenants to pay when due any SUlllS secured by this Mortgage, Lender may accelerate all sums secured by this Mortgage. Lender shall give notice to Borrower prior to acceleration, The notice shall specify (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from ~he date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice will result in acceleration of the SUIIIS secured by this Mortgage and the Sale of the Property. If the default is not cured on or before the date specified in the notice, Lender, at its option, may require immediate payment in full of all sums secured by this Mortgage without further demand and may invoke the pover of sale and any other remedies permitted by applicable law. Lender shall be entitled t.o collect all costs and expenses incurred in pursuing the rem.dies provided in this paragraph 17, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the Lender invokes the power of sale, Lender shall give notice in the manner required by applicable law to Borrower and any other persons prescribed by applicable law. Lender shall also publish the notice of sale, and the Property Ihall be sold, as prescribed by applicable law, I~nder or its designee may purchase the Property at any 9ale, The proceeds of the sale shall be applied in the manner prescribed by applicable law, lE, WsuuLI.. Upon payment of all SUIIIS secured by this Mortgage, Lender shall release this Kortg5ge without charge to Borrower other than all costs of recordation, if any. 19. W.lv.r. of ADDraL.ement. Appraisement of the Property is hereby waLved or not "aLved at Lender's option, which sh.ll be eX(!l'cised al the time judglHnt is entered in any forDclolJlure hereof or nt any time pr I. \H' thl"reto, 20. tuI~u.JJuLfiJl.. If there III /In 6!11lUJllpllon pursuant to pnrngl.aph If, h.reof. Lender llI.11Y charge an lIssumption ftu. or lJ S $100 00