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<br />Lender's unu.,n ;,grecment or applicable law Borrower shall pay the amount of all mangage insurance premn[ms m the
<br />manner provided under paragraph ?hereof.
<br />Any amounts disbursed by Lender pursuan[ to this paragraph ?, vent interest thereon, shall hecome additional
<br />indebtedness of Bnrrowcr secured by this Mortgage. t bless Harrower and Lender agree to other [arms of payment, su[h
<br />amounts shall he payahic upon notice from [.ender to Borrower reQUesting payment thereof. and shall bear interest from the
<br />data of disbursement at the rate payable from time to ume on amstanding principal under the Note unless payment of
<br />interest at such rate would he cnn[ran• io appticable law, an which event such amounts shall bear interest at the highest rate
<br />permissible under applicable law Nothing contained in this paragraph 7 shalt regmre Lender tv incur any expense or take
<br />:mv sction hereunder.
<br />& Inspecfion. tender ntay mako nr cause to he made reasonable entries upon and inspeMions of the Property, provided
<br />that Lender coal! glee Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interest m the Property.
<br />9. Condrmortion. T7tr proceeds of any award or claim fur damages. direct or consequentiah in connection with any
<br />sndemnntion or other taking of the Property. nr pan thereof. or for wnveyance in lieu of condemnation. are hereby assigned
<br />:mr! shall he paid tv [.ender.
<br />In the roam of a Iota! taking of the Pmnerty ihr proceeds shag be applied to [he sums secured by this Mortgage.
<br />wiffi the exice~s. if env, pmd n, Anrrcwcr. (n the event of a partial [along of the Property, unless Borrower and Lender
<br />„rherw ise agree in venting. there snot! he apphrd to the wms setttred h}• this Mortgage such proportion of the proceeds
<br />as is equal to that prcipartian ~.vhach the amount of the sums secured by this ?tiartgage immediately prior to the date of
<br />taking heart to the fair market solos of the Fmperrv immediately prior to the date of taking. with the balance of the prvcoeds
<br />paid to Borrower.
<br />tf [he Propem• is .,bartdonri by &rrrowrr. or if. a€ter nmicr by tender ra Borrower that the condemner offers to make
<br />an award or settle a claim ter damages. Harrower fa r!s to respond m Lender within 30 days after the date such notice is
<br />marled, I_rndcr is authnrixcd to caltect and apply the proceeds. at [.ender's option. either to rostoration ar repair of the
<br />Prapeny ar to the cum: secured M1v this 14ongagr.
<br />Unless Lender and Borrower otherwise agree in writing. any such application of proceeds to ptincipa) shalt not extend
<br />or postpone she tine dale of !hc monthly irstaltments referred is in paragraphs ]and ?hereof ar change the amoum of
<br />ouch insrailments.
<br />10. Borrower tint Rekasrd. Extrnston of the ume for payment ar madificatiun of amortization of rho sums secured
<br />by this Martga¢e granted by Lender to any successor .n interest of Borrower shat[ oat operate to release, in any manner,
<br />the Gabiiity of tfic original Borrower and Borrower', successors .n imerest Lender shall not ne reryuired to commence
<br />proceedings against each saCCessar sr rrh~se to extend time for payment ar oihe:utise modify amortization of the ~sUms
<br />secured 67 this Mangage by reason of :any demand made h}• ;he original Borrower and Borrower"s successors in imerest.
<br />i 1. Fnrbrrrrnce by [xndar 'Vot a waiver. Anq fasixarance by tender is exerdsing any right or remedy hereunder, or
<br />otherwise :tdarded by aophcabts taw :hall oat he a waiver cf ar practude the exercise of any such tight or remedy.
<br />'I12e prexurement of insurance nr the payment rat tares or ,,thrr liens :u charges 6}• Lender shalt oat tie a waiver of Lender's
<br />right m acr!crate the maturity of the :ndebtadness v~aircd by this Mongsge_
<br />f 2. Remedies Cumufative. All rcnted[es pmvided in [tic h4anga¢r arc siistinct and cumulative to any other right or
<br />remedy under :his Mnngagr or afforded by law ;:r equnv.:~nd may Ile. rirrc,sed concurrently, independently or Successively,
<br />IJ. Sucressars and Assigns Bound; loin[ amt Several I.irbilih; Captions. The covenants and agreements herein
<br />comained shat! bind. sod the rights hereunder shall inure ta. the rrspactrve sucerssors and assigns of Lender and-$otroaer,
<br />subject to the provisions of paragraph i? tartar Atl cayrnants and agreements of Bctrrowcr shall-tie_joinr-and--seventy
<br />The Captions a.nJ headings of [ne paragraphs of °-his Mo.*tgagr arc €or convenioncr only and arc. not to lx used- to
<br />interpret or define the pravisians herrnf. -
<br />13, Notke. Except far anp nonce required under appiicabia law [ta hr given in another--manrere fa) any notico to
<br />Borrower pmetded tar ~n this Martgagr shstt he p[vrn by mailing sacra nptice by certified-mail.-addtcsscd ro Borrower at
<br />the Property Addtrss or at such tither address :is Burrtwcr may drs,gnata by notice ta- Lender ;is provided heroin, and
<br />ib? any notice to t_rndar nhaA hr g:vrn ray corufird star!, rr[urn rctcip't rcquestad. to ti'endec's address stated herein or to
<br />such other address as Lender may designate by Honer e.t Hormwer as provided hrrrin. An}• nritice pmvided for in this
<br />Mortgage shat! be deemed is have been given tr. Borrower ar !.radar when givers-ip --the- manner dcsi¢nated herein.
<br />tS. Uniform MortgaEt; Guvrrniag I.aw; Severoitility. This form at mongagr cvm)}itirs uniform covcnann Cor nrtional
<br />use and non~unifarm covenants with limitod veers[tons by }urisdietian iq.eonsti[tter a Unifom} security instrument. covering
<br />real prvgrrry this Martgagr .halt br governed by [ho taw of the jutisdieiagn- in wnigh~ the Property is located. In the
<br />evsnt shat anp provision or clause of th[s Sfortg~age rr the Nr~ta eantlse~ts with appiieabi€-4a~, such conflict shall oat afTret
<br />other pmvtsians of this Mortgage or the Nntr which sera be given effect without tot rontticting provision, and to [hit
<br />end the provisions of iha Mnrtgagr a[sd the Nt~ta see dreiarad to ha xavacabla,
<br />I6. Eotmwer"s Copy, Bgrrawer shalt he furnrsnad a confnrmrd copy of the Nora,-and ~f thi, Mnngagc at the time
<br />of execution ar after recvrdatiun hereof,
<br />17. Traarfer of the Property; Amtmptioat. Tf art nr arty part of Chr Prapeny-ot an interest Therein is sold nr transferred
<br />by $orrowrr without Lender's prior written consent. axeluding fat tna croblion of a iiari ar:encumbnnce sulwrdina[e to
<br />this Mortgage, fb1 rho Creation of a purchase martay security iptarest for household :appliances, (cl a transfer by device,
<br />daseent ar tic operstian of isw upon the death of a j[unt tenant or -
<br />- Linder may. at Lenders option, dectate atithe-sums secured by this Morlpge to he
<br />rmmediatoly data and payable. Lender shat! have watvrd such option to accderatt it, prior to -the sale or tnnafer, tender
<br />and the prtsan to wham the Property is to be so}d ar transferred reach agr~tntit-in-tdriting that rho credit of such person
<br />is satisfacton• tv Lender sad that the interest payable an the sums secured by'ihti_S:Irl6ttgage abaiLl-ix at such rate as Lender
<br />shad regfir5t. Fi f ender has waived the option to acceteratr pmvided- in.this ps~graph-~-.t.7, and~it.Bcrrgwer'S successor in
<br />interest nos executed a written asstunptian agreemrm aceep[ed in writing by Lender, t.rndee shall. rete9x B'ot?'ower from all
<br />obligations undo; this Marigage and the Note.
<br />if Landet exercises s[nh ogtian to acerlara[e. Lander shag mat! Bgrrower narice of aeeeleratian in accOrdan~ with
<br />paragraph IT horrof. Such notice shaft prvvidr a prriad of na[ less than 30 days from the data the notice is mat~ed:withln-
<br />whien Borrower may pay the sums declsrecf dui- it Borrower fails to pay such sums prior to Xhe cxpimtion of-sueh~-period;--
<br />t.ertder pray, without futthar notice ru damaud on Borrower, tnvpke any remedial permtttrd by paragraph l3 hareot:
<br />Nor[-[?r+ttrrttar CovE!vvtrgs- 8vtxvwer and Linder further covenant and agree a-s follows;
<br />f/: Actakratiaa; Remedinr: iti-.#cept as proridcd-In puugr~ph t7 hereof, uppn Borrawee+s,breacA of troy eoswrt-or
<br />atralateM ~oC flaaowet is thk Aiortgrge. ineittdittg the raranaaia to pry -when tiro-_aay •-sutras scerred DX thir Mertgagr.
<br />T.ratirr -~ to act.^daratinat slug mail mrfica to Borrower rs pmvided is paragraph 14 6areaf s~eedyftq: 11) tM hr~acY;
<br />f2} flu trctira requMei m care sort 1>terch; {~1 r date, mat fair than ~0 drys from the dais the nolke is ataiird to brtower,
<br />by whk}<sr¢A Utatth rotas! t» cured; sad t4) Chu faBare-lo tore such Meech ua or tiefonthe~data-rpaciied in the nalke
<br />ma!' terrdt is acctderatfrtt off ilk lams seaurrd by this ~iortgaga. foreahatare bX jttdkLf proteaditgl and ale. rat the t'arprrty:
<br />Tot rsdiasshap Rather itdarm Borrower o[ the right to reiarute affer:aecektatiaa and the right to araert is Ilea foseclarttn:
<br />ptatwdhtt iM.nos_ .exipfrrr at a default or rqY otiur tkfense of lotrrower to aartlrr~bo and foteclnaart, it tAr Mtdtlf:
<br />ia[ taw• tared oft ar iterate tM date sper7lied In fete tsutirr, L~etader at 1,amkr*s optiaa map dechro rli at the 'sort- tacared-.br
<br />thin nlotatgtyt to ire immad6tstely doe sad pryahk without farther demand sad may Poreriase hx, jtwdia!ial procccdip. Gettdrr
<br />etaail tar satfUed to ruttier is oath pratecdfag tit rx petuteu ut faretlosurr„ iticfudhpt, trot [sqt tlmitad to, roses ut dotntaetthry
<br />eridrtaea, ahatra.ts and title rrparts,
<br />i9, M4rnawer`s Right fu Rretarate, sitrtwttlta[andtng Cruder"a a°€eirsan.+n of the trims >rznzed by this 14Sor[gagc.
<br />Iittrn'ttaet zhall hai•>k thz ,lght te? 3tavc oral prs;crcdtrrf,!s irrqun tsy d.:tndcr t:+ rntcstuc rhts Mart~syc ttiscen[tncead as any Irma
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