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<br /> <br />83- uO 1960 <br /> <br />Lender's writlcn 8Jl1lCll1ent or appli1::ablc law, Bor'ower. shall pay the amnunt of all mnrtgageinsurance premiums in the <br />tnlltIller provided under paragt;aph 2 hereof. <br />Atri...llII)OUnts. dishursedbyLender pursuant tn this paragraph 7, with interest thereon. shall becnme additinnal <br />indebtedDess.of BOIYower sccmedbythis M.ortgage, Unle5$ Borrower and Lender agree to atber terms .of payment, such <br />~nls:sltallbe.~upoll notice from Lender to Borrower reqi!eS!ing paymen. thereof, and shall. bear interest from the <br />datll::.,f dlsbu~at tberatepaYJIblcfromtim<! tn time on outstanding pnncipalunder tbe Note unless payment of <br />in!erestatsucll rate. Would"" eontrarylo applieahlelaw, in wbieb event sucl1amounts sball bear interest at the highest rale' <br />~UlIderapplicablclaw, Nothing contained in this paragraph 7 shall require Lender ta incur any expense <l1'tne <br />lUfYaWonhl>reundCt, <br />II; . .t~, Lender may maIr;", or cause to be made reasonable cnln'" upon and inspections aftheProperty, provided <br />Ilmt t~malls.>-.ellorrower notice prior to any .ncb inspection specifying reasonable cause therefor related to Lender". <br />int"reSt in the Property. <br />9: Co'" T 11\ 'ft The proceeds <.f any award or daim for damages. direet or consequential. in connectionw!tb uny <br />~llJ' other taking of the Pl'opeffy. or part thereof, or for conveyance in lieu of cnndemnation. are hereby llS$lgned <br />andsball ""flliid to I.Mder, <br />tn the e""m of II 10t.1 taking of the Pl'opel'lY. the proceeds ,haU he applied tt> the sums secured hy this Mortmc. <br />with the ex_, if any, paid t<l Bor"""~t, In ,he evenl "f a partial taking of the Property, unle5$Borrower and Lender <br />.'olhetw.... agree in writing, there shall be applied ,<> the sum, secured fw thi, Mortgage ,"ch propOrtion of the proCeeds <br />a. -i. equal l<> tlmt l'fO!.'Ortion whkh ,he amount of the sum. ...""ul'd hy this ~f"rtg.l!': immediately prior to. the. date of <br />,akiat! beaT> to the fairw.ark<'t vatue of the Proj>erty ,mmediately pr.nr to the date of l.king, wi,hthe balance <>f the proceeds <br />paid to 80tr0wt'r, <br />If ther Property .. abandoned by iku'ro""f, or if, afte, notice or Lender", Borro_r that thecondeml1or olfen to maIao <br />an awanl or ..ellll: a d.im tor damage>, lk...rower fait. to rr.5l'tmd H' Lende1' wilhin :10 da;-.. afterlhe date sucllnoliceis. <br />maUe<!, t...end<>r is .utMrized to .;oflect and .pply lhe proc..",,!.. .1 tender', option, eitller to restonllion or ,."poil' of the <br />Pml"'rty".. In ther ..",ts $<CUred lw ,his Mortg",. <br />Un'- I-J,nder and Bomt",,,r olhe,,,,i... .grre '" wnhnjl, an" 'Hch .pl'lie."o" of procee<U to principal ,lmllnol extend <br />or pool"""" tbr due da'" "I ,be monthly lO't.llmenlS rdrrn:d to in "aragraph. 1 .nd 2 hereof or change the amount of <br />"",It lOlltall:mnts. <br />10. ............ ~ RfteaIed. Exttn\iOn 01 ihe {frne f,'!f pa"nR:n~ nr mCtdifk:.atif:m of a-mnrtttal<<m of- the ~ums secured <br />by 1hil- Mort.. JJ'ante'd h,.. L-e~r to i\ny Slli:C~'!iQT ,:~ tnh':Te''it ,'~f R(")rrowe-r ",hail not opoe-rat-c m rdease. in any -manner, <br />the liability ot rhe- (~gin.al Borr-o,,"-er- ;'l'nd Ht)rt'n~--("-(\. ~t.~..:n~<1-:'!'- Wi in-ternt Lender ~hJtU n(}t he :required to- commence- <br />ptoceedinfS ~.mt _~ucb s~,.("u()r (~t rduw h"t ~,te--nd t!!11e for ~ymcnt or mhe_n.\;~ rnodify amorti_:lation (It the, sums <br />~":PLJbil_,~O'~-,'~ -('tf ';-H1Y demand J>>-ade hv the ~ert~loal Bt1fTOWer ~nd R(1fTo-w~r~$ ~tl<cesrol"$ in intel'e$t. <br />_~:fIt;;,-.-"'ll _ rt~.:"""""~"Not. w......, A.'fV fc'~aanc~ hv Lemfer in t'xerci~m~ ;:my right or remedy hereundef~ or <br />(}t~ .li.)t'dl!d(~-' ~ ~w ..htiU n(H he ~ w:ai'lt'f ,\t _no;" p.tt'!Cf-u-dt the- <;x(:n:t'1C' of a.ny 'iuch -ri--!!,'bt or- .remedy, <br />T'he ~llf;-~'-Or-tk r-anlwnt f',f 1.:t\C" ':'f M~-r ~'e-n.'il (}-r (-ha.r-ges hv Lender --.:haU not ~ a w:aive-r of Lenderts <br />ri~m ~nftrrtte-tnUilrif\' i\fU~~ irnkhtedf\e'-'j ~u~d h,- thl'\ M{H1,agt: <br />11- It...... C~1 ,..4;.11 ren'lCd~ p-tt~"-Hk-d H1 Itd" \,ffj.:t1,a,_t' ~rt' diltln\:t lnd ~'umtllativ~ to- any ot.her right or <br />f~ umkt ~hh Mi..'JftJ&-gt:- or J1ff{''lf''dcd M' ~aw .H'- e-qurt';o' ,tfid rn.:.tv h< f',er';"!'\.M c\m\7lH'-re-nHv, mdependtmf"~ or :,;tfCCeMi-vely, <br />1:~ ~:L~~~__.,;. ~ _~~ ~~ !:~: ~ ~Tvi-lii: I,;"'~~~ f'~ for- COVe-fl:tnlJ ana al.reemen.u nCtel-n <br />1.,':t;~i.M~ ~:h~)i b-md. #.n4: !~ ri:b-!~ ~t~~ ~h~H i-n~:>;-{ h~_ ~r~ ~e~~tn-{' 'HJu"e\i'\lJB. llftd .~i:ti:m ef Ltftd<::r and Borrower, <br />\.ubje<< to d~ pr-ov-kwn~ fit p.4i-a$:ntph ! ";' he-T\"1.1_f \li ",,)\:'t"nann_ jnd ~lgf-ecment' ,--.f tldrrnv.'cr ~halt be i~)ttl:t and several. <br />'J'lle ,aptu"''mj il.M headmp \.11 the ~u'faph."-. ,If thi~ M(~r!;il~~ 3ft' (n:r ',"'ltO,"'ctUcnCe .,-olv ~tnd ;\irt" not to he uled to <br />t~ ~~ ~ dt:e p-rov~-.m ~~f~~)f. <br />., ~ t!~cqM' (f}f .-nV tlOtive_ r-e-q~m'e..-J uH,-1er ,1.i1-prt..:.-:.tb<k !;.i~ L' h< ~T""~-n m a:not.t-.er manner, {ill any notice to <br />tkJ;f-y~t rm;w~ fQir m thito M.('rt_~--e "l.hilH 1"!(! ~~~>!"n hy f'fHthn}t ".H{'h mlH~t' t>-~, ,;r.nr1red mait ~ddf~ tl~ Borrower at <br />tM PtOfIeflv Adc!1"nS Of ~t :\u.:h Q,~h<r :itW_fec\1:. A!io. ik~ffr~~("f min dC_~ign.::t!1,'" -f,\' Iv.tkt H1: h:::~Je-r at provided he-~in. and <br />fb) an)" nocla- t(~ Lender- d~.n bc ,tt"n'n ~y (eruOOi f'ft-a.l. H'_h:m !IT'CW4 t("qH~l(d, h1 Lcnder\ -Midn:u ,It.~ herein -Of to <br />~ud\ -O{Mf' add~ a$ tcnde1' "t.;l:\' dn.~te hv r-";)tk,, t (, B>:::;rr"-~-'t"f ;tS rt~'--'t(1cd herein Afi~' notice: provided (o-r in thi.. <br />M-('tllPfC ll'ulU N ~ t{,) .h-<:E';,~--t' hc~ ~1V-t'-ff h1 lkW,,'j-~--t~f n( t 'C'~<<-t ~hcn ~.'>ef\ in the manner de$i[t.nat:ed hemm. <br />i$_ U....~; ~ ......: s.-,-~'. rh;-.. hry-m ~~t ~n;~e- !..'ommnn unifornl '':'-Oliena_n~ for national <br />tHlt and i'tOft~WlifOt-m (,.,(.WC-fi.nlh" \Htn hmneJ ,--un'Jn"'W!\ rn. ~unsdH.:h~~t f,.). ~'t)"-uHutc 3 unH'orm ~unty i-nstf-ument eOV\i!'nna <br />mlJ ~yTht\ MOrtJ. ,h"ll he: g''''''.mrn hv in" ie,,, cd ,he !umd"I,,'" '" which '!Ie Property i, located., In the <br />~~t tbat ~u'ty p.n't\'"J:$.i.t.'tn (..1!" dlU!iot i-;.t rhi-s. M-o-r1!lag(" nr !~ N('!1e ;;'dofikt-s with .,,~'pftcahle law, \uch c:oflft-kt \haU !'tot .tf<<t <br />~ ~"'~'\ ot ffli! A-t-on,. P-!'" !~ N~~ wh~\b ",.-,aft n.e ~T"--ffi: ..-:ff~t wi:tTh.."l{Jt 1~ ....ih-~rt-ictini pro-vkKm.. and. 1\') this <br />eM the p<<..w~ or the Mon~ -$00 the ~~~'>((' ~;~ ~!e<-b,l'~ tfl- ht- \C'-\!'erable' <br />t6.. ............ C..".~ 8on-l~~t dud! ~ !mn~hcd ~ -t(ltlhHn-le<J ((~y \.)( rh-t- NOh,~ and of fht~ MortttfiCC' at. the time <br />.... ~utjon "" .00 'ff~ h~ <br />1'.. ~ 01:.. Propwty; ~ If ai.! \~r any riotrt ..-:!f ~he Prope-It)' fif an tn-te:fell therein i~ .oId or tran_derred <br />by Born'NIf:'f wlthout under~, pmlf wnrfe-t) i.,'\ft~tH, !:::-\t:h_Kfltl}: Ld the l.--f~atKlf\ 01 fI- hen \"1t mcumbram."e subordinate: tt') <br />thK MMJ:a,p" tb)- ,the ~~ioo ('~f a pun:-hil'ioC fil(\fic."\' $l",,",un'\' IrHcfnt Mt hOt.~-,iJ appha.ncct.. kt .l.!j transfer by devi$e, <br />~ Of -by -operliUOO (), l-i1'a- -upon the t.ath u'- a Wtnt {en ant (\of f J I tM )tu,ni cf an" ka.M:hold: interest ot three y(!'an. (}r le:ss <br />_not \':untainina *-ft. opt1;un h_' purenue--. t ende:t m..-y. :.u f entkc \ oi':-ph-{ln, d<<bre ~H the "urn, ~'-urcd hy thil Mort-glge to be-, <br />H1\n'lC..tety due: and: paYl:bkt. t..-:mk.- ~i1n h-a"e '\4.at\'oo SUd1 upHoo to 3\.'"\:'def~le if. priot" io the 'Sale .or transfer. Lender <br />and the ~ 10 whom lhe Pr<l\lCf1r i, hi' t>e IK>ld ,... l'3ntierrtd "''"''" _gree""'''' '" w"hng that the credit ..If such perron <br />is ..,IiflWory 1" l.."ndet .tld tMt tn., ink",>! rily"blc 0" t!w ,un" ""tired Iw ,hk "'mtga,. ,hall be at ouch rate as Lender <br />-~ RqUe$t. Jr Lender- has waIved the 9f'11Qfl tv ~~cekn:!e pnwided ~li fhi.. para8nlpb l1. and tf Bnm~r's 'lK':C~ in <br />~. bli:l ct_....leo!l a writm! -..._ ~t ""''''.I',e<l in "rltinl by I,ender. Lender shall relea.se Borrower from all <br />~iot>t.~IU~ aad IIle N<>l'l- <br />tf teater' Cl.ct-ciic$- 5UCh t.1ptWn U.l iK~leriik. f_l1tWer ,tutU mad Borfo~er nQtt~ ()f a"mrtukm in actord3nc-e wlth <br />~llfBplt. 14~, s..eb noti<< .!mil pmvlde a perk>d oj lli)\ 'e", lhan ,0 day,,; iwm the date Ihe "mice is m1liled within <br />.."'-Bottowa:,-__y ,." the- iUn'iS d<<:iar-ro dut-_ It Borro-_-cr f;sa$- h,) p-it), ~U<.:h 'imn)i pnof to the c-.:.pifation f'it ,w:h period. <br />~_y, witMut tUrtiR:lr llt>ti<:e N ,f<o.mand ,", ik'ln"'er, i'",\l.;e ""} reniedies pe<m'Ul!d bv p;ua;;raph 18 bel'('O(. <br /> <br />~t~ C~~4.Nt~~ ~~ and L~r further .:,tv-eniint .uld -a~r<< it.'l tr'<lkj'-\<"ic~ <br />." AoC>..'~! " . I........ "'ftpI.. ~ In ...... 11lterfltf, ..,.... ao.-'s "'-ll '" ..y e........ Of <br />~.r~ IndllJ~. ~ tile eo.._ to "", ........ title ...y __ _....... by ehlo 1\.......... <br />..........~...... ..... --. ... ........ .. ",,"i4M In ~ 14 lmMf ..-<<Ylaal III 1M ___, <br />~_....,............fa:tIdot($I....... _... ..... J9 ~ 'rem 1M dale w 1lOti<<. Is mdM to Bw_. <br />............,.. ..lie.... .... {4l.1hM ,...... to tlH't. sa __h ... ... befote the due ~ let w tlOt/tt <br />....~.q(ff f........dw____hy_.~ '___by joottkbI ~......... eft.~. <br />. . , . ........ W-.........'" 1M riIllt.... ......... ...... ~ .... 1lIe..... to _ ltlllle ,--.- <br />II!t!lU_~II.,..... .....,.......w-...--...- .._..1&0....... _HDIft...... If the....a <br />..... . .. .... _~"_""".I"'.~ ,~..... ~. o(lIloa DUlY' ...... .u of the _ -""'" by <br />........'lQflfbll.'lr ___..,.....-. ~ ............ .., '_10M by .iatlkW ~t__ <br />........_altlct. tIli.'lI\ ...............- <If "".a..-~. hod...... '*_ .lktiIbtI .... ,_ '" """-" <br />~~-....... <br />a .-.-....... ............ N~~ I~'. ~,.."leut..'" (>f ihe ,,~ ""ured b\' Ih.. M<.rlll.,., <br />~"~tlle'fch<<l<\.""...,. pt~.l>>l.... by' l~ 'f' cnl""", Inn M""'l~ diK'll,ti""e<l al '''1t'_ <br /> <br /> <br /> <br />