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<br />Lender's written agreement or applicable law. Borrower shall pay the amount of aL` mortgage insurance premiums ir, the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon. shall become additional
<br />indebtedness of Borrower secured by this Mortgage. Flntess Borrower and Lender agree to other terms of payment, such
<br />amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and shall bear interest from the
<br />date of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment of
<br />interest at such rate would be contrary to applicable law, in w=hich event such amounts shall bear interest at the highest rate
<br />permissible under applicable taw. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take
<br />any action hereunder.
<br />8. Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that Lender shall give Harrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interest in the Property.
<br />4. Condemnation. The proceeds of any award ar claim far damages. direct or consequential, in cannec#ion with any
<br />condemnation car biker taking of the Property, ar part thereof, or fear conveyance in Iieu of condemnation, are hereby assigned
<br />and shalt be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall be applied to the sums secured lay this Mortgage,
<br />with the excess, if any, paid to Harrower. In the event of a partial taking caf the Property, unless Borrower and Lander
<br />otherwise agree in writing, there shall be applied to the sums secured by this Mortgage such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prier to the dater of
<br />taking bears fo the fair market value of the Property immediately prier to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Harrower, or i€, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Horrower fails to respond to 'L,ender within 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and :apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured by this Ivlortttage.
<br />L7nless Lender and Borrower t~thersvise afire; in writing, any such application of proceeds to principal shall not extend
<br />or postpone ifie due elate of the monthly installments referred to in paragraphs t and 2 hereof' ot• change the amount of
<br />such installments.
<br />!~. Borrower Not Ftele3sed. f:xtensian of the time for payment or madificatsan of amortization of the sums secured
<br />by this Mortgage ,granted by Lender to env successor itt inicrest a€ Borrower she'll oat operate to release, in any manner,
<br />the liability of thr~. arig~intrl Borrower and Barrowe{s successors in interest. f.ettder shall not be required in commens:e
<br />proccec{ings against such successor or refuse to extend time for payment ar othcnvise rnadify amortization of the sums
<br />secured by this Mortgage by reason of any de.mtand rtaadc by the cariginaal Harrower :and Borrower's successors in interest.
<br />11. Fnrt-eanrnce by Lender Not a PFaiver. Any forbearance by l.e;nder in exert;sing ens right or remedy hereunder, or
<br />otherwise ;affardc'.d Ihy applicable paw. shall oat fie rt waiver arot or prcchtde the t.xercise tiff any such right or remedy.
<br />The procurement irrf instrance ar the payment of t•txes trot other hens ar charzcs by Lender shall not he a v.•aiver roof Lender's
<br />right to ac•~deratc the maturity of the indebtedness secured by this 'tilorta;a:ze.
<br />t2. i2emedies Cumulative. All remedies prc+ridtd in this 'sftart~age :arc distinct anti cumttiatiye to any ether right tTr
<br />nmecly tmdcr this Nlartg:age or afforded by 1ass~ c,r egtait5`, and inav he cxercisetl eoaaca.rrrently, in<9ependcmly or successively.
<br />13. Successors and Assigns Bannd; Joint and Several l,iabrhiti, C'aphorts. ~f"he covetaants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure. ?o, .he rcipcetivc S~ro4cessars and assigns taf 1_eadcr lnd Horrower.
<br />subject tea the prc7visians of paragraph 1 ; hereof. :•~11 cavenatats anti zrgreemcnts crof Harrower shall be joint send Several.
<br />The captiirons and headings of the paragraphs cal this M artga~c arc sot convcnit~tace oaaly :;nil arc nc?t to Sze tastd to
<br />interpret or define the provisions hereo€. ~~
<br />Id. \nfice. Except for any notice required :antler nppliiaaie l:tw tea `ac ttive.n it, srnother manner, (a} env trance to
<br />l3orrcawcr pr<as`idctl .'or n this 39origage ina11 he t,roven 1,~, mailink ;uc't; natrocc t+v certified :nail t,ddres~ed ta> 13orrr~wer :rot
<br />riot Property Address car at inch other :address as Borrcawtr n-ay des+gnate hti native tc, i.ender ::ss pr<>yitleci tercin, anti
<br />{hj env notice to l..cnder shall he file=en by certificcl rnaii. etum rccerpt rcgt~ested. taro i tinder's address stated hcrcir3 ar to
<br />~tac;ta other ,ddress as l ender rte ay design etc by totiee tc~+ f3orrc>w>r as prosid+»u itcreitt. -ins ~otics: provided fc?r era this
<br />1lortga~c shall he deemed to ilttsc been ; even to ilurrowcr car l enact ~s)aen ~ivcn sat the manner riesignated herein.
<br />;H, L'nifarna j~turtgage; Governing Law: Severability 'lei:; ','a~rna cif rn~>=rgaga c°e+mbtrrocs tar.ifarm c=a r<.:.rutty far rational
<br />rorose anti non-unifo~~rm cose.naats with ;imitetl variatac<ns ¢,~,• ,i,'~chctro,>n tt'+ c~s~nstin,te a uatri'tarnro s•~rtrr:ta ~~nent c<?verin~
<br />,•r1 prc?pe.-t~. 1?a is ',9ort;ea~;e s~.t:l °ae ;;o~erned +>~ the '.,tiv .. ;ia~ rro';sti 4iia?n i:t t~iaac;, tilt :'rope, ., ., h .h~~
<br />.clot c .,, ...m~ ,•rtavisian c * , i.a+.atie car feels vtnrtcaa;e ce~ t^t '.:,rc c:>n3;ict; ',: r 1'r aaapsi~~trc `aw. ;tech c .,,. ct ~n.r;k nc,t atfctt
<br />t+t":ct ra, :sic;ars cat the; RrSl7rtga~t ~r rlroc ~~r~tc ~stroi~h ~a ~ `<rr y,i~.tn a^i~stc tanhoe~s `rc cc~n ~t;rn„; , rs~w- :: ~r. ..,:.t =,n tells
<br />e.ttd :hc •=r~`iian5 ; the ~forteas;e ar,d the 'vote re excel„acd !<• 'I . ;cvCrai7lt',.
<br />;l#i, Borraawtr's4 f"<bfilt, a3oarcaett~.* .'ro alt 1~,: ,.;rn:slted :ro cc>~rofnrraxd c.c~:• =,r ;nr` :•c,te ;epee }t .~i~; s~lorteagr e, hc: ,.tr;e
<br />v ~ ;transfer of the lProperty:.~s nmptron :# ' ; , an art ut the Pea. per€<. c3r rv intertwt 'herein as sc3id t a.eierred
<br />oy Bo,ro s•cr wsthcaut Lender's ltnor writtc.. ~onstn,. excl=lotto ~';ta =hu ceatican cal s +en ~;>r enctamtx,anec suharc`.inate to
<br />ghee ~~artgage, {b} the c~rc.ation c>f ;s purchase trouaney ~ccurity ia-,terest tear household appliances, ie) r, transtcr by devise.
<br />uescent ar icy operation of iota upon the death, cat .ro oitat tenant car Giro the s>rauat of ant leasehold interest ,of three 1~ears or'ess
<br />not. eontroainang an option to purchase, lvender ma: :aa l.cnder'~ e°pti~r t cieclar~ -:il ?hc sums secured by *,his ~5nrt age c; he
<br />immediately deae and payable. Lender shall have waived saacn ,:tpti=n ao accelerate if, prior to the laic or transfer. z_ender
<br />and the person to wham the Property is to be s.^,Id ar t,°ansierred each agree:meat in tc~riting that the credit of such t3arsen
<br />is satisfactaa-y to Lender and that the into est payable on the ;sc;tas seetrored nc, ibis i'vtart,agr: shall be :st such rate a .ender
<br />shall request. if 1'_ender has waived the option tt~ <tcceierate ,rrravided in this paragraph '7. and it' Borrower"s successor ;*;
<br />interest has executed a written assumption agreement accepted in w=riting l>v (.enc;er, Lender inaai release Borrower from all
<br />obligations under this Mortgage and the Ntate_
<br />.r t ..der ......._..._ ch .,trop .., ....,,glee,.... l_ .,~ ,~.. 1 .,,~.., ;?;~., , .. ., .~»~ . . .... ............. r~la~ x>h
<br />paragraph~l4 he,eot:~Sueh notice snail provide a pgrocl of not less than ~t7 ;ai,i item t•hg date the +.xatact as~matled ~.sithin
<br />which I3orrowgr may pay the sums declared due. if BarrowLr *ails rc aay such nt3ms prior tc~ the. exprrati*a=n ai suvh periea.
<br />Lender may, without further notice 4~r demand an a3orrowgr, in•aoltc any reiredies pernaitteti by paragraph l ~ hereof.
<br />NoN-L7~rrrcaxn=a C~(aVF,NANT.S. Borrowea- and Lender further co.enant :,nu ;:tee ;rs faiiowsa
<br />L$. ~icceiera#iuar; Remed'aes. ~xeelat as praavideat in paragraph t7 herearf, trgon $tarrnwer's breach of anY covenant or
<br />agreemen# of Borrower err this Mortgage, rrclucling the carverrarrts tea lacy o+-hen aiue an} sums secured lay dais Mortgage,
<br />Lender_prior to. ae€claration shall..mail notice tea t3oxrower as provided err paragraph 84 hereof specifying; (29 flee tareacln;
<br />{2)`tlae,actiun required 8o cure sweet k9reach; (3D a date, not lesw than 30 alay:s frnna the date the partite xis mailed to iorrower,
<br />by which snett krreacia:mu:st he cured; and f4) that failure to a are such breach on or before the date specified in the notice
<br />mav-result en acceleration of the sutras secured hy- the.'; ~'[azrtgage, foreclosure lay jrrdic.ial proceeding and sale of the Property.
<br />'I'he notice shall further infurrn Borrower of the right to reinstate after accteleration and the right tea assert in flea forecleasurc
<br />prucceding the nurn-exister~ace of a default ear any other defense of Bgrrnvaer to acceleration and foreclosure. of file breach
<br />i~ nut cured un ur erefure the elate specified in the naatice, Lender at Lender`s option may declare rail aaf the sums secured Say
<br />tfiis l~lairrtgage to b~c ininactliately due and payable without further dcnaa:rd .and an.r~ foreelaase by judicial prua:eeding. l,erader
<br />shall be entitled ttr ctollest 'in stacla pruceedinK ;a19 e+cprrnses of faareclusure, inclualing, hrr# not lima'tcri #o< costs of ducurnentarv
<br />evidence, abstracts and title relratrts. '
<br />I~. Barruwer's etigett to fteiatstat~, "+,tatwith5taridi;ag i uradct' ,i~:d~lrralit>a of site straps rcuccd lay the. y.tari~_:~>~,
<br />l3axrrasver .hail hay+e the riight to have anti larescecdrra~,~ %~awD?urro 'ay i ~ srodt'r tc, tr ,_rc:e -nr, 'wl«rt, r~_ ,'isc~>n¢utucgl st °. j, ti i:.
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