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84 --- +,i;o5g4 Lender's wnu.:n agteemen[ ur applicable law. Borrower shall pay the amount of ati mnngage insurance premiums in the manner provided utidec paragraph 2 hereof. Any amounts disbursed by tender pur•sirant to this paragraph 7, with inttrcst thereon. shall bernme additional indebtedness of Barrowcr secured by this Mortgage. Unless Aorrtswer and Lender agree io ether terms of payment: such amamfs shalt be payable span notice from Lender to Borrower requesting payment thereof. and shall bear interest fram~the date of disbursement at the ram payable from time to tune on outstanding principal under the Note unless payment of inttrcst ai such rate would be contrary ro applicable law. in which event such amnunis shall bear interest at the highest-rate permiaaihle under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any expetnr ar take any action hereunder. g. Inaprctlaw: tender may make or cause to be made rcasanable entries upon and inspections of the Property, provided that Lender shad give Borcower notice prior to any such inspection specifying reasonable cause therefor related to Lendeds- interest in the Property. 9. Coadewtrmtiaa. The proceeds of env award or claim for damages. direct or consequetuial, in canneetion-with any cnndemnntian nr other taking of the Property, nr part thereof. or far conveyance in lieu of condemnation. are herby assigned sad shad he paid [n Lender. Fn the event of a total taking of the Property. the proceeds shsli be applied to the sums secured by this Mortgage. with the excccs. if any, paid to Borrower- In the event of a partial taking of the Property, unless Borrower and- Lender ,>therwise agree in writing. there shalt he apphed to the cams secured by this Mortgage such proportion of the proceeds as is equal to that proportion which nc~ amoum of the sums secured by tfiis Morteage immediately prior m the data of taking bears in the fair mazket value of fie Prnperry immediateh prier ro 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 candemnaroflers to make an award nr settle a claim far damages, Borrower fails to rrspcn[d to Lender within 30 days afar the date -such notice is matted, Lender is authorized to collect and apph• the proceeds. at tender's option. either to restoration or repair of the Aropenv nr to the Burn secured by rhi~s Mortgage. L.'oie5s Lender and Bamrwer utherw,se agree in wrirna. angv -h appticauan cf prxecds eo principal shall not extend' or postpone the due date of the manthly_ instatiments referred to in paragraphs 1 and 2 hereof or change [he amount of such insrallmetns. l0. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums secured by this Mnngage granted by Lender m any successor in inrerest of Borrower shall not operate to releases in any manner, the liability of the original Borrower and Borrower's successors in interest. tender shall not be required to commence proceedings against such cuceessar nr refuse ro cxrend rime far payment or otherwise modify amortization of the soma secured }rl this Mortgage by reawn of env demand made by :he original Borrower and Borrower's ntccessors in interpt. I1. Forbearance by Lender Nat a Waiver. Any forbearance by Lender in exercising any right ar remedy hereunder, or otherwise afforded by applicable law shalt not be a warner of ar preclude the exercise of any such right ar remedy. The procuremem of insurance or the pavmem of raves ar other bens or charees be Lender shat) not he a waiver of Lenders right in accelerate the maturity of the mdehtednexs tecurcd by this Mortgage. 12. Renrodies CumuiatFre. AI! remedies nrov~ded in thrs Mortgage are distinc[ and cumulative to any ether right ar remedy under this Mortgage or afforded by law nr eetuuc..ind may be everctsed concurrcntiy, independemly or successively. 13. Successors and Assigns Bound: Joint sad Several Liability: ('aptans. me covenants and aareemen[s herein contained shalt bind, and the rights hereunder shat! :Wore ro. the respective stu:crssars and assigns of LencLer and Borrower. subject fa she previsions of paragraph 17 hereof. A;t covenants and agreements of Borrower shalt be joint and several. The captions and headings ai the paragraphs of this !tinneaec are for canyenrence only and are not to be used to interpret or define the previsions hereof. t4. Notice. Except far any notice required under applicable law ro M: given m another manner. fa) any notice !o Burrower provided for in this Mortgage shall tae given tr}• marling such notice by certified mail addrtssed to Borrower at the Property Address ar at such ocher address as Bnrrnuer may desrgnate by notice to Lander as provided herein. and t6) any notice to Lender shalt he g,en by ecru fled mail, return :-r,e,et rcquesttd, to Lender's address stated herein or to such other address as Lender mar designate by oat fee to Borrower as provided hereto. Any notice provided for in this Mortgage shall be deemed to have been given to Borrower or t ender when given in the manner designated herein. 15. LnNorm Mortgage: GoveroixxR Law: 4evenbilily. 7'±is form of mortgage combines uniform covenants for national use and tton-uniform covenams wish limited v.}na[tons by jurrsdictian to a:nshtttte a umfonn security instrument covering real property. This Marigage shalt be governed by the law of the junsdictian in which the Property is located. In the event that any provision ar clause of this Mfortgagr or the '`late conflicts with applicable taw, such conflict shat) oat offer[ artier provisions of this Mortgage or the tiate which can be given effect withMrt the rorfticting prevision, and to this end the previsions of the Mortgage and the 'cote atC declared to he severable. l6. Borrower's Copy. Borrower shal3 6e fu;mshed a coot:+rmed copy or the tiote and of this Mortgage at the time of exect:tian or after recordation hereof. 17. Trarfv of the TropeAy; Asgmpioa. If al! ur any pan of =.hc Properly or an interest therein is sold or transferred by Borrower without Lender's prior written mnsenL excluding tai the creation of a tier or encumbrance subordinate to this Mortgage, tb) the creation of a purchase money security interest for household appliances. Ic) a transfer 6y devise, descent ar by operation of law upon the death of a joint ranant ar ~'. ~ " Lender may. at Lender's option, declare a(! the sums settrred by this Mortgage to be imtaediattly drre and payable. Lender shad have warned such option in accelerate if, attar to the sate ar transfer. Lender and the patron to wham the Property is w be sold ar transferred reach agreement in writing that the credit of such person is satiafxtary ro Lender and that the interest payable on the sums secured by this Mortgage shall he a[ such rate as Lender shall request. tf Lender has waived the option to accelerate provided in this paragraph 17, and iE Borrower's successor in iatarmthas executed a written assumption agreement accepted in wviting by Lender. Lender shall release Borrower from elf obligations under this Mortgage- and the Now. $ [.under exetcisa such option to armlerate. Lender shall mad BorroweF notice of acceleration in aec:ordance with paragtap'h iL hereoL Such notice shalt pravrde a perod of ant less than 30 days from the dale the notice is mailed within which Burrower may pay the sums declared due. If Burrower farts ra pay such sums prror to the expiration of such period; Leader max wihou: f.~tfter nonce or demand nn Borrower. ,nvake env remedies permitted by paragraph I S hereof. Nuts-UtttratM CAYPNANTS. Borrower and Lender further covenant and agree as fellows: 1g; AcaefNnlient"Reaeeifea. Exeepl as prorirhd in parsltraph I7 hereof, opus Borrower's breac- of any corewanl a rBgnaarr oI Borrosree is-this Moelage, iaclniing the torenaots ro pay wheo due any sum aecnrod by thh Mortgga. [wa~lrpriae N-acceitnUaa:ahaB-.toaY sake to Boerowv as provided in paragnrplr 14 bereaf speeHyiag: (t) the breach; f2~ tB..aetiaa re~airai to em:fatch benelst (3t a dale, not kae than 30 days from the date rile ttatice is mailed to Borrower. lsgarkialt;tmahhnaelr.tattaf be-curek ant (A> that faBrre fo cure wrY breach an or before tiro daro speeifiM is the aodre aei4":arwlLln:~ nf-Uro wets secured by tit's MorigaBe, foreciorure by judidal prxeedlag sad sale of the Property. '!'tile.)aafita-aiaB,hlrihe+-~forYr-Ba»werat the riltM- to rcieaiats ait+r acerleration and the rfRM ro assert iu the fer+n.ioaaee '~iaea~iaB=NR i,aceYiriatroo of a iafanh a say artist Mfesro of Borrowq 16 aeceieralion sad furecfaeure. U the breach k-11M~::eNN-;M or In6trru Ms-YN: apaciYUd- i.-the aotlas. Levier N Center's option maF dtclra sB of tM sues securer Iry thYs~ltR~.M M'YaeaaiiNetY"#ne aa! payabkwithonl fuMber demmtd aai only forerhrre by l~im proceeihaf. l.ettder sbaB'.hrsstlffMM b osMaci is saeh preaesiYtt aB eapetuax of foreriosars, ineltribtR, but oat ltmtled to, rash of docnarontary evhhusre, e4Mracnt rri Wht nepeNa. f},- >sarssnorr'a. RfglrC to lteiaaule= (v.eztwithstandrng La:ndet's aU:et4r8t}tin sat she coma scs.ured by this Mortgage, lfurrowa_r sisefi hpive fire si~tt tsa have any proareadings lit:gera br L*sttder to culotte ttzes Mortgage eitw:,yntruued at ar=.y tmte