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84 -0014"59
<br />Lender's written agreement or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in 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. Unless Barrmver and Lender agree to other terms of payment, such
<br />amounts shall he parable upon notice from Lender «a 6arrnwer requesting payment thzreaf, and shalt bear interest from-the
<br />date of dist+ursement ai the rate payable from time to time on outstanding principal under the Note unless paymenbof
<br />interest at such rate would he contrary to applicable taw. in which event such amounts shall bear interest at tfie higl}est.rate~-
<br />permissihtr under applicable law, Nathing contained in this paragraph 1 shall require Lender to incur any expense oc take
<br />any action hereunder.
<br />B. -nspectlon. Lender may make or cause to he made reasonable entries upon and inspectionsof theP~operty, provided- -:
<br />that Lender shall gins Borrower notice prior to any etch inspenion specifying reasonable cause tfierefor related:tb Lender-'s--.
<br />+merest in the Property. -
<br />9. Condemnation. i"lte praceeds of any award ar claim far damages, direct ar consequential, in contieetionwith`~ty-~
<br />condemnation ar other taking of thz Prnpeny, or part thereof. or far conveyance in tieuof condemnation, are herehyassi}sned'..
<br />and shag be paid [n Lender. _
<br />In the event of a rota) taking of the Prapi:rty. the pr,aeeeds shaft tae applied to fhe sums secured by this MoYlgagc:_
<br />with the excess. if an}'. paid to Born>wtr In the event of a partial taking of ttte Property, unless Borrower and:I:cnder
<br />otherwise agree in writing, there shelf hr apphrd to the sums secured by this Mort¢age such proportion of -the pritceeds
<br />as is egtcal to Ihu pmpaninn which the amount of the s,tms secured by this Mortgage immediately prior-ta-:the: date-af
<br />taking hears to ttte fair market value of file Property immediately prior to the date of taking, with the bal8nce offhe proceeds..-
<br />paid to Barrawer.
<br />If the Peeper" is ahundnnrd t+y Harrower, nr if, after notice by Lender to Borrawer that the condemnor oflera to rnAkt:-
<br />an award nr settle a claim }ar damages. Barrnwrr ftu}s to respand et l..ender within 39 days after the_date such not'ece. is
<br />malted. Ixnder is authorized to coi!zct and apply the prea;.eeds. at Lenders option, either to restorafion or repair-af ttte~
<br />Prapeny rr io thz sums srrurrd by tfiia ltarteage-
<br />Lnlrss }-ender and Harrower nthcrwisc agree is an-sting, any such apphcatian of praceeds to principalshall-itof.extend
<br />nr pc~tpene_ the due date e#' the ntanthiv iastallmcnss referred to in paragraph-s 1 and ? hemaf or change the: amognt=pf:
<br />such instaifinents.
<br />10. Borrower Nof Rrltased. Fstensian n# the time far parmeutt er ntodificatirm of amortiza[ian of the sutnssetured --
<br />bv this Mnttgagt grante-c3 by Lender t;t anz <uectbvor in imis; eu of Harrower sh:ali not operate to ra?fease, in-any tpagnitr:
<br />the liability of ihr angina! BarroueF sad }}orrouer's <t§a-cssors ,n interest. I..endrr shall oat hz rzquired- to Cpmtnenee:
<br />pn>ceedings .against such sstccessc,r ,+r reittsr to extend trmc`ar pavntenc nr otherwise madify amortizafion of the:sutrts
<br />stcurcd by this hinrtgaga by reapan n( ,ens demand "facie he ttu• ariginat Barrawer and Borrower's svccessons in interest; :
<br />} 1. Irarbrarance 6y L.ender \ot a Waiver. ,4ny f.,rtsearanrc h}- Louder in exercising anY right or remedy fieretrniien or-
<br />otherwise a+-Tordeai by tappiirahle i~w. .hsii not he .; waiver of or trreetode thz exercise of env such right of rcmEdy
<br />T"he pr§x urtment of insurance nr the parr„ear },t taxes ^r other liens err charges- by Lender shard not br a waiver ttf Lender's
<br />righe t,+ ace°elerate ttte trtarunty ,>[ Ihr ~ndeFta-doers ^x~cun•d hs this A-1,rtgspe.
<br />i2. 12rmedies Camutafivr. .43i rrmed.e, erns,+:Irci sr, this Moricagr err distinct and cumvtative to any ether eight or
<br />remade under Bus Marrgage „r atlontod Rr ixw .•: cq•a:n~ sod ntaa~ h: ese ,~+sed concurrently, indepzndently ter successively.
<br />13, lucressortc and Assiitns B:vend: Joint and ter rruF Liabttity; ('aptiom. l'he covenants and agreements herein
<br />,.""tamed shag hind, ..nd the right, here,:}"der dsil more ta- the res(~cuvt suc.-ezsnrs and a-signs at Lender and Borcower,
<br />sabirc; n§ ttse provisiun+ „f paragraph .' hrrrn# 13i a,vrnnnts and agnrrntnis of BOrrasver shall tr< jant and several.
<br />1'he captions and hcadangs of the t?artr¢r;fphc .,i this Marretge arc for etravznitme only and aro oat to_ffr: used.ttt-.
<br />tnirrpret or define the prca~'setars here nf_
<br />id. ".Aofice. 1?xcept for any nataca reU=tirczl unakr app!ienbk }su «, hr ziv-en in another-manner, tat any-notice=to
<br />Barrowes nruvrdtd fur m this Aiorigage aha't; i~i gcvcn #ty madlrtg curb zteticz by cextiCted mail Addressed to Harrownrrit
<br />the Property .4ddross or at such <xbrr addrers ax Hnrrrartr may dcwrgnate by nutlet to l.endcr as prnvided.fierain, arid= -
<br />tb} any Hance to t_rnskr ahail ;~ g,va-r; by cer,rfs~i rta,i rr<tnn§ tc't~-e;.pt requested. to lender's address stated-herein-er_te
<br />sorb other address as t.~ender ma}~ desi¢nafe ha ¢rnriw t=, Harrouvrr a, pravddect beast"- Any ntaGec. provided for in Chis
<br />Mortga}tt shai3 L~ dtrmrd tc~ haas^ been green is lfzsrr€twer ,^-r 1 snder w hsn given in the manner designated herein.
<br />15. t`niform ;4funcagt: Guvrrniag (.aw: Serrrahitih~. this I.+rm at mortgage cambirres t§nifarm cavatants for national
<br />use :end "can-rtnifarm cnscaants uith iimiic•d .:vrata.:ns F=t° u,ris+#,ction to ,:onsrittttr a uniform s~tcttrit5` iastntment covering
<br />rca} property This ~lartgb~ atasli be go;emed '' the h,w e,t the ,urixdtshon i^ which the Prnpttty is located. in the
<br />event ittat env prcrvsron .,: ~iausc of this Mart>rage ,.r thz• .`ear cautlicts +ei,h applicahic (aw, arch conflict shai} not affect
<br />t*ther pr,.vsx;onn of .h,~ Mortgage ,u tPe: Nat;- a~h;cPa c,n+ be ;;:van rtftz=e withexut fttt ccanflieting provision, and to Chis
<br />znd the, prcvisiona rt the Mortgage and ihr 'vote »§re ,§t~L,rmd to t~ <es~erat+lr.
<br />t6. Barmw'ers Cupy- Horrtuee si:a#i t*e Curmche.f a cnnfonraed espy of the tti''ate and of this Mortgage at tfie Nme
<br />of rxecrriion :,r alter recordation itzreo=.
<br />11. Transfer of the f'rv}xrty: Assnmpilon- if aPt ur anY oar: of iEtc Property ur an interact therein is said or transferred
<br />h} Botrnvaer u-tthaut l.rndtr'a poet scnur,a consent. csclatdinyt +.r} flee crtstian of a titer or encumhixmcr sntx>aiinaie nr
<br />thin \M1ortgag¢.. tb} :hr reran"" of c§ purti§ase nuxter sa3:rsrnp +mcrast fs,r hausr}tald appliances. tul a transfer by devise.
<br />dcu;ent a'+r by operation cf taw upon the- Bradt of ., §;nrtt truant er hi} t4c grant of any leasehold tnrcresi of three years pr Tess
<br />rem containing an optic" t., purchase, t.endrr coati. ,at t cndcfs opttnn. dcr.}are. off the sums stn§red by this hiartgage io be
<br />Framer{rarely due and parable. 1 znder snai3 h:t.c uarFCd v;u it npuon to accelerate if. ;nice ice the sate ear transfer, Ltlnder
<br />and the arson m xh<xtt the Prnpertr §c En be xsld ar rrannttFred reach agreement ^t venting that thz credit of such ptrscxt
<br />+s satrsfactorv to Isnder and that the Entere.t paaab}e c,a the sums ,ecured by this Mart$age shalt be at such rate as Lecxier
<br />sttith rrqutat- !f 1 tndrr has w-arced the optstn t...,c~eizr:rte prnvideet }n_ ibis p±;uugr-aph !1, atnd it Borrower's suceessvr in
<br />rafei~s: has executed a wrttien <sss+mpnan agrrx:me+tt arse; led in uriteng hp' Lender. Lender aha8 release Barrawer from ail
<br />abligattans under thi. Mart,gage and the latte_
<br />if Lender eseretses ssFCh „poor! to ae Yier atz. 3 cadre ssafl "earl Bnrraxrr "cure of a4a rtcration in acaardanee with
<br />paragraph iM fi,errot Such m>rec chni} prev,de peen^a9 „t n,a Ice, rhmr; zti d.;vr tr,,m lac date the rnai:e a mailed within
<br />witrc,h Boreowtt :na}° i*ay ihr tunas drelarrri dtta i! 13nrtuwer ta,i, !n par c.uch st§m3 pr,,,r to tttd cxpiruaon :,# svc11 pcrtod.
<br />Lender may. w§thaui tnrther notnr nF ,ie}nand ern £}txn+aer. ~.+re:}.c n} re;nedtrs pcrm,nrd by paragFaph t;< hzreaf.
<br />;"itt>r-Cxirsasat C<tv€eanm~rs t3arzawer arcd 1 enstcr huthtt cr.--en;cnt and :+rrce ,a foit.,ws-
<br />itl, Arezhntiaa: Remedies. Except as provided in parttgrapb #7 htrcvaf, upon 6arruwtr's breath of any eavenant or
<br />axneesrient of Burrower In this >Itttrgagr, inciadirtit ihr tureaaut< to pay r+hen due ana sums secured 6y this Marit•,aKt.
<br />l,,eardrr prier fo acctttration shall mall uutire to Borrower a„ provided in paragraph li htrrof a'prcifyittq; tl} fhe brtath;
<br />+~t ihr action rrgairtd to curt such breach; !3} a data. nut irsA }ban 3U days from rite date the Warier iv "railed to Borrower,
<br />by .Bleb curb breach tto-ast rte cured: and tot fhaf taittnt to tore rash breath rto m he(ure ihr daft cprriiitd in ihr entire
<br />mttJ` erauM-ia arrtkrntkm of ihr crease sttartd br thk Atortgagr, (orrclusaxr by judicial procreditsit and sate of the Proptrfy.
<br />"l'6a auilre r;Nttii farther inform Burrerwtr of fhe right to reinstart a(ier acrtFeration and fhe rtghi in assert in the fonviosurr
<br />;rr4Ctrdkt~ the loan-rttisfratt of a dr(aalt ar am auihrr defense :rt BurroNtr to actrkra(iun attd (arecluturr. if the brrxch
<br />k not crreeA ao err hr(urr ihr date sprtlfird In ihr rnrrife, I.tttdrr at Lender's option may declare all n( the sums vecured by
<br />thla Aimee to be rramrdiattly due atKl patnblr wittrswf (tutirtr demand and may forrriast l+v )udieia} pntcredinK, i,rnt)rr
<br />s1raB tar tutaltid to eo{kCt in sac4 ptocrcd(nq, all tsptetsez* rf fnre€imurr, including, bur rmr ilentted ur, caste t*t dotumentar>
<br />rsldACa« alatftarft anal title rrprtr.
<br />19+, 1lnrruwrisx RkMt to RtriArlatr, !~€,xtwythsb+txK9ra,g 1 eucftr'? .a.ccGeriifron .?! th[ ,trans +c urCd h5 thi< 4lartgztyx.
<br />1ROrrowar :Ttaii hxsr the tight to lt~tvr an9~ prasercitn;,°+ t*aeus !^v ; rndst .,- ertfe~•rcc iliac Slrart,>;agc ,Siat:cart§nt,rd at xnp tnt,r
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