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<br />84- <br /> <br />006270 <br /> <br />r <br /> <br />I ;:ntk'r'" \-\;:il...il .Jgr.c-enu:nr Of .J.ppli~'.ibie la'lAo. Borrower shall pay the amount of all mortgage insurance premiums in the <br />manner Pfl'\'!t-kJ under pilra,gr~tph 2 nertX1.f. <br />..;.ft" amoul1l' dishtll'sed by Lender pun;"am !O [his plU".aph 7, wlIh interest thereon, mall become additional <br />,ndelll"ib"ss pj florrn,",cr secured by thIS Mortgage Unless SorTO"",r and Lender agree 10 other tenns of pa,~ sucil <br />amounls ,iJ..1I he pa'-abk ..pon nOliee from lender 10 Borrower reGue,t;.,!! payment Ilteroof. &nd sltlllJ bear imerest ff'Olll me <br />dale 01 t!i,b"r.c-menl at the ralC payable from lime to time 00 outsl~ principellllllhr me N<* unIe$s ~ of <br />inlereSl at such ralC w(>',lId be "ontrary to applicabk law, in ....hich event litIcll ~ mall '- inten!St at me ~ '* <br />permi!l8iblc under "pl'lieable law, Nothing contained in Ihis paragraph 7 mall Te.(;!wre Lender to iftCUi' lUlfex~ or_e <br />"nyaction hereunder, <br />S, ~1iMI. Lender may mue or cause to be made reasonable entries upon aM i~ of me Property. ~ <br />[hl.t Lemler ,hall ip,'e ikJrrower notice prior to lInysuch inspecliOl'1 Specifying t'el1!!ifinable Clluse t~fe>r mated ICI ~1I <br />,Olere,t '" lhe Property. <br />If. C..ooe...~ The proceoos of any .ward or clllim far daImt~. oilee, Of cm.,.-~illl. ill ~ with uy <br />eor..demllatinn nr olh.:r taking of the Propel'tr, or par1lhereof, Of for conveyance in lieu (,f ~lMtiM, are ~ ~ <br />;uhl shaH he ~ald tp Lender. <br />In fhe ""'enl pf . INal ,akin" ,0( ,he Property, lhe pnx'eeds .hail he "",plied to the - lIllC1l1'ed by - ~ <br />",ith the e'ocT" If ;;11' p~,d I" llo,""Aer In the evenl of a partial taking of the Property. unkst; ~ ami ~ <br />"thc'rwi,e a~re" in wrillng, there ,hall he applied 10 the ,urns !lecnred h'vlhi.. ~!iltcl1 ~ of_~ <br />as "equ,d ie' Ihal pWp"l'l;on which 'he amOUi'lt of the s"ms 'lectlf-ed !'IV this MOrlit. i~ pritIr to thI .. fI <br />'aKmg \le"r" h' lhe t." market val"" o[ the ?rope..\ mllnediatelv prior lD the dAte oltakinjl. with me bakm<:e fIf the ~ <br />pato TO Borrower <br />11 Iht, Prnperl\' i-, ,lhand0flt'd hv B,.c; ('wer or if af!er m'l;et' tw Lender 10 Bo!'f(\we!' that me ~ oI'en SO" <br />.In ~ward (If ...eftk !j ..:!a~rn f('ir damagelli. Bnrrc,wer fails h"') ~pctnd to Lender wifhin 3-0 days after the date stach eoticc is <br />m"ded. lender" ""then/ed '" cellect and "pplv Ihe proceech, at Lender', OjXioo, eitber to ~ or l1IpIIir · - <br />Prnpcn, ,.If ~\., the <,urn... \-C(:ured hy rhi, !\,fr~rlg.a,e <br />1.:0:'"", I "nJe, "nd B,."\rwwer nlht'rw"r agree in wriring, anv ,uch applicalion of pf'Oceeas 10 p~ lIbd not RtelId' <br />or ;h.........lP,\;lC ih{" dUt' da.fC ,)f (he m(:~mhh: inst....llmen1s referred ~0 in ~;ITi'.i.fTaph5. 1 and 2 hereof O'f ell.. the amount of <br />"IU:+ :n<.,lJ.llments <br />HI. ............. 'at a~. Extent",,, (,I the "me lor p"v",enl y rnodifklll>on of amorlization of lbe sums ~ <br />hv rh<:'!. '\1'(\rt~a~e g!'":J.ilte.'.t "'V l..ende-,r i(l any ,U",es.SOf In imen,'st of Borrower 'ShaH not ope-rate to rcle:-de. in any ~. <br />the hdhili\ 'Ii :!'w i;r~f.Hud &....HT;:y"--'Cr a;}d Borrpwe-r\ :ilJ(:ceSsnf\ In interesl Lender shaH not he required to ~ <br />prnc.c(;"_l.lm~!!. a!t;~In'it ',m:'n "iu;i,~t......~or :~, !t;HI~ !n c\:H.~'nu l.Ifnc for -pa...-mcnT c-.r mnr~"IM; mouuy ,wlWHtLS-UUn '-1!lI iLHiiiP _ceo <br />-..ccur..:-u. rn 1hi~, Mpr!~~a!K' ~, re-3....:m of .IOY d-t.mand made hv the ~~riR'mai !k-"ITOlAler and Bv-rrower.s ~ in ~. <br />11, F~'t' ~ i~. NoI "W..h.... An; fnrt1earance low LCTl(\e, in e.ercliinlil an" ri,hl or remedy h...~. or <br />othe-m'n"t" :11f'.,Tded h'\ ;!pri\c~hlt law, ...h~,dt o;.! he (.;l waiver of or predudc the cKeTCiH of Bft'Y $\JCh: riP! .-~. <br />'The rF'll:Wf'!llt"nl ('.f ms;uran;.-r Pi' the- p.n--menl (~f la,C's. or lIther hem.. or ~~haTfC'5: hy Lender shalt Tl-O@ he a waiver of ~ <br />q~h! 1\' .IL~-t'k:r;j.!t' ,~ht. maTun!\- ,,1 lh~ indektedneli"s ...e:-i.lfl.'d h-v ;tn"- Morn,a~c <br />12. Re--.... ('.......llIll..e. ";1 r"medie. rn" ,ded ,n Ih;\ M"rI~"~~ act' j",i"Cl ;md cumul"tive to an". rnNir npt or <br />:-emedy ~;Tidrr :tH~ \-tCtn~llg-I~' 0: .affrwded ''''V bw (ll ~:-.{wt\ .IOl! m~-J\' h.:: ('1l.Cr'c;<',f'd ~~rmcurTen!l\' in-eJ,cpe:ndendyOT~. <br />.:\, Sac""""",", ami 4101ri1:... h......; .I....., _ S.,rmI ,~; C~, Th.. eO\,,,,,.."I. and "liIfe<l'~ ~ <br />:..:onuun<::~1 "hdli ~qnd :Oind ~h{" r1!lhh hcr,,:uodcr ..hall mnH' to. the :-co;,t't"-('!fl.-e r;uccc.....'ilnr~ .and a.ssign") of l.ender litnd ~. <br />...tl~'lH.:.~-l [p 'b: ;)~i1"'~<'iOtl" n! ;"'al :1~r;1ph I: h-ercoi .'\11 f~wcnunt~ lAnd o!greCtl1Cnh of B,')rrD\\-:er s.hli.tJ he !Otnl aDd ~" <br />fhe ,-'ilir~n~n" iJn~! h-ead:n~1i, 1.'1t the parag.r;lph\ of ~hi... M"\rt~d~e are tnr (ll'!'l\'eOlerh.---:e (l-nn: and :,\U"e not U'lI be uted to <br />,ntr-rrret i'!" define :,hr fH'Pt:\ICdl" hc!'{"~)f <br />14. 'otK.-e. Ex..C'fl! fr>r 3n\ ~lofli..~r ;eqd:n~d :\mier aprhc~hlf.~ hi\-t :~-, he- given in another manner. (a.) aoay ~ -10 <br />S,'rr;,w-cr ;>fP\.'llJed fDr ;:0 fhi... Mnr1gafte ..hail N' i.'!V('j-j tl\ m~Jhng ~.u,"~h oolu:.:e h1- .:enified ffil:f.tl ~d to ~ at <br />the Pr('rc~\' .'\Jdn,.!'I~. (IT .%f ~ll:n <.)ther ;uidrT''>', ..:!} B-\.nr-f\wrr ma\ deo;.l!:n4<l-!C hv n{'l~i",'c If' Len&T .. provided hIroiD. -- <br />(~~_;;H" nNh.l' ~I-' r ;:c~dc!' 'i.h~li; h-(' ~,'d::;j i>-)'. ......r1!f}C'...1 mad. rt-tllrf1 re";'~l'!t-"l ~'~"'qIJe!-i,led, 1r' Lender', address &tated ~ or to <br />suen ether :lchh-t""-,,, ." it'r>-:1e: n).J\ d~",~:l,..!.;:: hI, ~wH~.:t' i{~ fk1rrp"wt'T It'> p-nn:de:d h'n~'m /\Tl\' notlcC' provtdcd form this. <br />M('l!1galc ),h.i4i] ll(:' Jeemed h) ha){'!'tcen ~n--c-n ~o B-orro'n'er (l-r lender \linen giVf'fl in the.~ deMpated beTeift. <br />IS, ,;~ M...q;qe; (;o~..mme L...w: SeH'f'1IhIiif)', T!'", tnrm ,'I mOf!f,a~e ~ tmiform cpveRllnts for ~ <br />U8e an,,;,] nnn"u:r'ilf"fi"'fn C-P'.(.fia.n!~. \\i~h lImIted ',..lr;.A~ton~ hv ii!fl'!,dl~:tH"tn !{"I ;;nnsH*'c.-.. l.uUi-tll.Tn !ilCCurity irnd:f'u-mmt c~ <br />relll ~rc<r<en\ T'h,,, "'nTlg>!:" ,h~i: be govcrnei! tn 'Me l.w "f the mnMhclltlR-iJ! ...~ l~ ~' i. loc~, In me <br />event 1h;;.r dT1\, ;"=1P'd1;iH'n or da.ll"(~ ',If 'hhM"r1g~_~~e (~I rhr 'nIt" ~'(~rJftic~\. lJI,it!-l .pf~"abk law. lS-uc:h -ecmfl!c1 sMlJ not a8ccC <br />nlhe-r pr')\I'lH,n., ,-If Ihli. '!\1Dfiga~t' or tht~ ~{ltc V.hh.:h (all O-c ~~p"c-n dfe:(iW~rhf\ul the cooflieti~ provi!rion. ldKi to this <br />end ;he ~rOVl"'H.~n~ nf rht- M()rt~a:ge ;and the ',~1e ;HC declillred {p be "c-ve,ralie. <br />D6~ ~fl"s Cop~i. Borrower \hall he fnfUl"..hed .) ~~mfprmed .:npv ot the Note and \.f this, Mortl. at the time <br />lllf e'-.K'u!ion CH' ~fter recordlttinn hereof. <br />11, TtlIIIIIfC'l'M l1ae ~': ,\~. If an Gr am' par> d the Property n! 3n i_resl t~ is ...1kI Of' ~ <br />h, ikJH'{~Wer i,.l,dth-PU~ I ,t'nder'~ pflor writt'en '~0n-:..er:L C''l:.cluding (01 1.1'11: cn::,ltHln {>> a lien or enc-umhnnce ~DMe to <br />!b~\ M{l:-1gJi~< it'll the ,~reatw-n . '.If ,~ p~~n:_h;it'-'A; m~;ne} ~.c\:unt\ -:ntG'e~1 f(~T hnu~-hlj)l-d ~1.~. H:) 3. nander b)' dev$se. <br />~ent lrf~' i!peri:.\HOn of ia\\ UPUf! the (kath nf a !0':l!H ten-am ;n ....~l [lu, mnnH l~' Il1IliJ' h nOl.....ie' ...... gf nun ~ fiN"''' <br />~PS --... 11 III I 'j 11 ~ _W~ Lender 01 (i)- , :~t L~T;der.~ ~~pii("n, declare all rhe s-um~, secured by this MOf"tJ. to be <br />Imine1jilal'C~'; ctu-c .i$.nd pw.Y.il.hk, T cn,der \~~tll ~>1ve ~dl't't"d <;tkM n-r~H.]!i r~) acceitn~tc 11- prior 'f' ~he ~3te aT trans,fer. l~ <br />~nd rhe ref~n-n 1-p wh'~m rt;.,e Pn:j:'ieH\ I':> \{1 he -:..old I_-lf ~rdn'Sterred reli~:h ;!@T~e.meni m wnfmg that the credit o( ~uch penon <br />1'\ -sa-tuJa.ctor', H7' i,nder ~nd thaI the mterr::q j"'ii\!,\'itl:1k on [he' ~,l:m" ">t'...dted t-n \hn Mnngage l,naB he at ~u\.:h r-ate as lender <br />~ll reQut':,>'l it t_cnJ-cr h~!1i W.ii\ti.l the ('PIH-'Tl '-, ,li.-(,-ek-r~tte p,(wlded !r; ~iv, raragraph ~7, and: if !fktrrOWt<t:r't ~u~~r in <br />ifi1erCil'it h~~ exe-O;:Dted a wlitten iIUis;mn~~!{.m .a~reement iKcer,c-d H"j wf1img h'lr' lender. Lender \oaB re!ea~ Bnn:ll\Ver from aH <br />~'~<!lHO'''' ".n;kr lll't MNlgal!t) llnd tht' ,"",:lte <br />if Le.nck.f t;\eH:lV:!; "u,.;;~h opHon 10 .u:ce!c-ralt", I f~';1de1 d)"lI! 7YHui B~'rrpwet rH'lt!~!' df ac>.:_der.at.am in K-cordaw:::e with <br />1..:J herenf S-tlJ;,~h nf.'4u;:e ~.hail pH~vlde penl.l-d :,t :'Hr: 1,e!;1, jhan ~o d:.'j\" hi_'n'! the date 1he notice is mailed within <br />mal; P-3Y (he \U-nl'll dedJ1cd ii',lt I j BorrnlA.eT f~il" !(1 Pin 'illch "'lirnt f'-T!P[ to the t'll.rpir.8tl-rm of ~uch period. <br />L.e-rlder M&!:)', -wlthu't,rt further H-4lIKC f'T Je-rnand ,:<I) i{pr1(lVter n\;n~,r ~H1\ rcnu--alC'll l~fmltted h~ ranr;n$ph lK ~'tf, <br /> <br /> <br />l <br /> <br />~~"Ij'Nu'nf1M C'}Vf_NAN1~ f)orf{t\\'4~r and I_coder funh-er (p'.-t'nanl ?ind .:.i~fef' a~ fdl,n'w~ <br />fa 44'~ ~....,..", EJinpl "" "'"v..la 1'''''''. 17~...- ..........fi'.. ~1iI M ay ~ IW <br />~Ullltell'l M ~ io IWIl ~1Iil"''' w~ ,Irl.- ''''''.._. 1<> 1"'0/ w""," ... ....~ - -~ by liBIs ~. <br />eAlll6w ,.. fO ...~... .. ~ 111*'" la hn_... ... F'''~ ,,, ~.. 14 ~ lIF'df}_: ~ II l1ae ~; <br />f~fIIlI~f~"~__:1s !lmil<:io: 431 ~~". _ ~I"- ~\tl_y.I.......!hI: ~ 1M ~'t) "" ~ to~, <br />~ ~ I!lI<'h !ImiI<:!o JlHtIOt ~ <,~ aadl 141 1!iJ<04 r~.., ,.. "\tit' ....11 liil'<<<I"" .... <H WCift l1ae ~ """"rihtI ill 1M ~ <br />~ io 1K.~..f ltMr....... _,....-..1 ~, 1M '"-1II11:1l'" 1.......'-...... ~ i~dllll ,.....~ - .... ... l1ae ~. <br />~.. .. hlnlom' ilIIf..,. ~,......".... 1M ,~ ,,, ~_ ~ ...'.'............ ...... II><? ,.1 ,.. - iRlM f~ <br />Ilo1t _flI~...... ... ~ ~ ... ....~ ..',",1 ~_ ,4 ~"i" l<> ....,~ .....:I ''''''''..........,. If I.... ~ <br />_ ,.., I>>ri_ IIrl.- MI4i I.. I"" _flu, L...... ... I..~f,. _~ .."~ .. ," !hi: - ~ by <br />... '- ;.......~I,... '''"'~llWr''~ fwt"'" 1Wm.~ MM1_. i>~ ",...'~. I~ <br />,.. ,....1 ,.. _'II 1"''''''''''''hlllOl'! ~.",,_ ,of r,,,.,.I-<......., ."'~~" """ _ '''. ,_. ",f ""',,-Il1O') <br />....,... "" ~ ,lrif' <br />~t~ltff~ fI.M :1,\_: l:'c-d :',\, ~hl<' ~1,"~~;cilef' <br /> <br /> <br /> <br />~I-'! '~t->ti\' ~p., <br /> <br />, \'~H <br /> <br />, ~,~ <br /> <br /> <br />4 <br /> <br />~ <br /> <br />