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Leader's written agreement or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the manner provided under paragraph 2 hereof. Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment. such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and shall bear interest from the data of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment of in" Mt at such rate would be contrary to applicable law, in which event such amounts shall oeir interest at the highest rue under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take any anion hereunder. >R hospec400. Candler may make or cause to be made reasonable entries upon and inapectibns of the Property, provided that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's insist we in the Property. 9. Cooiarttudous. The proceeds of any award or claim for damages, direct or consequential, in contraction with any condemnation or other taking of the Property, or part thereof. or for conveyance in lieu of condemnation, are hereby assigned and shelf be paid to Lender. In this event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Mortgage. with the excess, if any. paid to Borrower. In the event of a partial taking of the Property, union Borrower and Lender otherwise agree in writing, there shall be applied to the sums secured by this Mortgage such proportion of the proceeds as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to the due of taking bars to the fair market value of the Property immediately prior to the date of taking, with the- balance of the proceeds paid to Borrower. If the Property is abandoned by Borrower• or if, after notice by Lender to Borrower that the condemnor offers to make an award or sank a claim for damages, Borrower fails to respond to Lender within 30 days after the duo such notice is nailed. Leader is audwrhod to collect and apply the proceeds. at Leader's option, either to restoration or repair of the Property or to the sores secured by this Mortgage. Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend or postpone the due due of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of such installments. _ It Berrowar Not Relased. Extension of the time for payment or modification of amortization of the sums secured by this Mortgage granted by Leger to any successor in interest of Borrower shall not operate to release. in any manner, the liability of the original Borrower and Borrower's successors in interest. Lender shall not be required to commence proceedings agsitst such successor or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Mortgage by reason of any demand made by the original Borrower and Borrower's successors in interest. 11. Ferbsnsee by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or 'a otherwise affords by applicable law, shall not be waiver of or preclude the exercise of any such right or remedy. The procurement of insurance or the payment of taxes or other liens or charges by Lender shall be Lender's not a waiver of right to accelerate the maturity of the indebtedness secured by this Mortgage. 12 osn4iMh All remedies provided in this Mortgage ads distinct and cumulative to any other right or under equity, and may be exercised concurrently. independently or successively. 1ss sad Ssverd Llab�ty; Capstaae The covenants and agreements herein contained shod I inure to. the respective successors and assigns of Lender and Borrower. p subject to the Ali covenante and agreements of Borrower shall be joint and several. T1e saptioes and lendi�s the paragraphs of this Mortgage are for convenience only and are not to be used to � interpret or die the provisions hereof. 14. Notion. Except for any no&:e squired under applicable law to be given in another manner. (a) any notice to Borrower provided for in this Mortgage shall be given by mailing such notice by certified mail addressed to 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. return receipt requested. to Lender's address stated herein or to such odor address as Lender may eaalgnae by notice to Bortowrot• at provided herein. Any notice provided for in this Mortgage dull be doomed to have been given to Borrower or Lender when given in the manner designated herein. IL USKaOm Ste"@ , Govataisg Law; SevernblN/y. This form of mortgage combines uniform covenants for national use and Iron- uni(or n covenants with limited variations by jurisdiction to constitute a uniform security instrument covering mal property. This Mortgage shall be governed by the law of the ju6%Cktit n in which the Property is located. in the ' event that any provision or clause of this Mortgage or the Note conflicts with applicable law, such conflict shall not affect other p roviwoes of this Mortgage or the Note which can be giver[ effect without the conflicting provision. and to this and the prOvisitnts of the Mortgage and the vote are declared to be severable. lade. San 801 Copy. Borrower shall be furnished a conformed copy of the Note and of this Mortgage at the time of execution or attar recordation hereof. 17. Transfer of ors Property; Assumption. If all or any part of the Property or an interest therein is sold or transferred by Borrower without Lender's prior written consent. excluding tai the ration of a lien or encumbrance subordinate to this Mortgage, (b) the creation of a purchase money security interest for household appliances. (c) a transfer by devise. descent or by operationi of law upon the death of a joint tenant or (d) the of leaadrold grant any interne of three ,years or less not containing an option to purchase. Lender may, at Lender's option, declare all the sums secured by this Mortgage to be itmnadiatedy due and payable. Lender shall have waived such option to accelerate if, prior to the sale or trutsfcr. Lender and the pan ro whom the Property is to be sold of transferred reach agreement in writing that the credit of such person is satisfactory to Linder and that the interest payable on the sums secured by !his Mortgage shall be at such rate as Lender shaft request. If Lamer ban waived the option to accelerate provided in this Paragraph 17. and if Borrower's successor in IBM has executed a written assumption agreement accepted in writing by Lender. Lender shall release Borrower from 311 Obligation under this Mortgage and the Note. If Lender exercises such option to accelerate. Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared due. If Borrower fails to pay such sums prior to :he expiration of such period. Lander may, without further twice or demand an Borrower. invoke any remedies permitted by paragraph 19 hereof. Noe- UtrttOSM COvt;seanrs. Borrower orb Lender further covenant and agree as follows: It Aftelloredson ResaRes. Eager an provided in insinpslydr 17 hereof. upon Bnrrowerrs breach of any covenant or _..__.. apeesenl of am aver a Nds Storaagt,'*do& t the covenants ft pay when due env sums secured by this Morttage, Landes Pd*t M aeee1 110n SW Fall notes to Borrewer = provided in paragraph li hereof specifying: (1) the breach: M 11141 ae11 r Raitsdl to come suth breach; 13f a daft. not leas them 3o days from the date the notice is mailed to Borrower. by wrM end Imeno# S M use con and NI tW fabrme to cure seek breach on or before the date specified in the notice OMY fes k M ascebn ko of she suns secured by this Mortgage. foreclosure by judicial proceeding and sale of the Property. The aaYce AM hrabes hiferse Borrower ef the right to "Three after acceleration and the ritht to inert In the forecb,re l0000athtg gee non eaiMrete ef a default or aw,v outer defense of Borrower to accekratba and foreclosure, If the breach I ant eased as or before the daft speciYtd in the notice. Lender at Lenndires Option may declare all of the sums secured hr flab MOOBW N rte immdaMly dot and Payable, wkhoat renter demand and may foreclose by judicial proceeding. Lviider stall be omMod to collect a watt proceeding d expenses ul forecMsure. includhg. but !tot Ilmfted to, costs Of tiara umrnrary MMa, abObUft oN rde epees It. hlosrareda RW to Robinson. Notwithstanding Lender'; acceiernuon of the sums secured bV thll %lertaafe, Borrower shall have the night to have any proccedings t+egun :•% '.ender to enforce :hi, `foriti,ge dis.ununucd at rn: t me h.