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<br />i.tnder's watt n agreement or applicable law. Borrower shall pay the amount of=all mortgage insurance premiums in the-
<br />manner pravidrai under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with- interest thereon,-shall--Ixeomc additiond
<br />indebtedness of Harrower secured by [his Mortgage. Unless Borrower and Lender _agtee- to other`terms- of payment, such
<br />amonnts_shail he payable upim natice from Lender to Borrower rtquesfing-paymenE fhereof, and--shall^Cxarirrrerest from the
<br />dale of disbetrsement at the rate payable from rime-tn time ort-outstanding pr'mcipaLvnder theNbtc unless payment of
<br />interest at such cart would be contrary to applicable taw. in which evenr'such- amounts shah bear~interest at the hi6hest me
<br />permissitrlt sailer appttcabk taw. Nothing captained in this paragraph 7 shall tequin-Lender ta-incur any ezpettsc ortake
<br />any action hereunder.
<br />B, Lepeeflou. Lender may make or cause to he made. reasonable entries tipan~and ipspections of the Prnpeny, prmideii
<br />that Lender shall give Borrower natice prior to any such inspection speeify'sng reasonable-cause-therefor rclamd to Lender's
<br />iattrest in the-Property. -
<br />9. Coademnatioa. The praeecds of any award or claim for damages, direM or cansequentiah in connection with any
<br />condemnation ar other taking of the Propert}. or part thereat: or for conveyanceen lieu of condemnation, are hcrcby assigned
<br />artd sbal! be paid [o Linder. -'
<br />Cn the event of a total taking of the Prnperry, the proceeds shall be appCied to the+sitms secured by this Aorgage.
<br />with thz tsctes, if any. raid to Borrnwtr. In the event of a parfeal--kakeng of thcProperty trnkssAorrower and Lender
<br />otherwise agrce rn writing, there shalt ix applied ra-ihe sums secured Liy this Mortgage= xuch`-proportion of the proceeds
<br />as ix aqua} to that proportion which the amount of the sums secured by this Mangage -iitttttediately prior to the date of
<br />taking bears to the fsir market valste of the Progeny immediately prior to the date-afYaking..with the balance of the proceeds
<br />paid to Borrower. -
<br />lf the Prope»y is abandoned by Barrowtr..ar if. after natice by Lender to Borrower thaCthe condemnor tillers to make
<br />an award ar xtutt a claim for damages. Borrower tails to respond to Lender within 30 days after-the date ouch notice is
<br />mailed. I.endtr is authorized to colter[ and apply the proceeds, at I.endtr`s option, tither ro rdr6ntion orTepair of the
<br />Property ar to the sums secured by th[s Mon gage. ~ -
<br />Lh>Itss Lender and Barn>wcr otherwise agree in wretina, ant such applecarion at proceeds to prioeipaC slratli'not extend
<br />er postpone the due date of the: ritonthlp enstatlments referred to in paragraphs ! and 2 htrent or-t:hailge--[h'e'~:am_ Dupe _pf
<br />such instsiimenis.
<br />10. Hwrower Nat Released. E..rtenxintt of the time far payment w modification of amortization-af the sums-.secured--.
<br />by this Mortgage granted by Lender to any suecessar in interest of Harrower shag not operate to release, in any manner.
<br />the !iahi}'try of the original Harrower and Aorrowcr's successors in interest. Lender shall not be required tncommepce
<br />prarccdings against s;ich euctxssar nr refuse to txttnd time fnr payment or otherwise modify amortization of the sums -
<br />securtd t>y this lfartgaee by reason o[ auy demand made h}• the original Borrower and Borrower's successors in interest.
<br />11. Pnrbeantrct by Leader':rM a Waiver. ~4nr inrixaranrt t>v I.endtr in ezercising any right or remedy hereunder, or
<br />otherwise aifnrdtd by appticabic 'aw. ;half n:mot he a watvtr of ar preclude the tzerrese of any- such reghf or remedy.
<br />7Ttt pracuremcnt of insurance or the pavmtnt of talcs nr other Dens nr chat¢es by L.endtr shall oat bt a waiver of Ltndtr$
<br />right to acctlerart the maturin• of the =ndthttdnc'•.s c~cured by this Afangage.
<br />i2. Remedies Cumulatire. A?? rcmtdres pros--riled .~a tens tfnrtgagt are distinct and cumulative to any other right or
<br />remedy under this Mortgage or atTordtd by taw r:r equnv ,,nil may he exere~std concwmntty. independently or successively.
<br />13. 5arcessars sad Asagtns Bound; Jain awl 5everof t.inbilih•: Capdons. 1'ht covenants and agreemrnts herein
<br />ramaine:l shat! hind. and the rights ~terci:ndtr shaft :nurc ta. the respectrvc srrrctssars and assigns of Lender-and $prrawtr,
<br />subjttt to the praiisiaas of paragraph t' htrcaf. ,ill covcnams and agreements of Borrnwtr shalC bt joint and several:
<br />The captions and headings of *.ht pangraphs of this Aiorieagc are tar convenience only and see not to be used. to
<br />imerpret or dtfrut the provision; hereof. -
<br />IJ. Notkc. Except for anv natice rspuired a.nder appiicab?e ?aw to he given in soother manner. (a) any potica to
<br />$arrawer provided for rr. ;hit Afurtgagt s~hai{ ?x: erven by marline such rnauce by ccrtifitd wait addressed to Aorrower at -
<br />tht Prop¢ny .address nr such other address as Aorr7wtr may dts:gnate b}• noreet ro Lender as provided herein. artd
<br />ib`r any nntrce to Lender shat] he e+.vtn h~~ cert,tt-d maxi. return tact=pt rtouesttd, to C_endtr's address stated herein ar to
<br />such other address as Lender ma}~ dtsrgnatt b,• . oticc t;. Borrower as nravidtd herein. ~l.ny notice provided far in this
<br />Mart.gagt snail he dettntd to have been given to Aorrawar nr 1 ender when given in the manner dexignartd }itrcin.
<br />fS. L7ni(orm 6(anRage: Governirtt Law; 5ererabAety. ?his form :*f mongagt towboats uniform covenants far national
<br />use sad t>oa•uniforrr[ eavtnams with timued vxristtans by ;urisdcctean to eanstitittt a uniform security enstnrmen[ covering
<br />teat propcny 'ibis Mortgage st,aiI C>e gcvcrntd 6v the taw of thesurisdirtion in which lire Property is Itxated. In the
<br />tvcm that any proveswn :.+r riaux of [hss tfcngagt =~r~ the tiote conr7icts uitb applicable law,. such conflict shaiC not affect
<br />other pravisetuts of this ?sfongagt nr the tintt ;v!>sh can tx g:vtn ttftct without the randirtirg provisean, and to this
<br />end the provisions of the ~inrtgagt and the '~~+te art c'eciartd to ht severable,
<br />lb. Hormwer's Copy. Harrower shah be furnished a cr>nformcd logy of the Mott and of this hfortgagt at the time
<br />nF txautian nr after recardateon nercnf.
<br />11. Trader of the Property: Asaumptioa. If ail ar anv part ut the Property nr an interest therein is sold nr transferred
<br />by $orrawtr without L.endtr's prior wrrutn zaasrnt. ezcludeng ;at the cttvrean of a lien nr tncumbnnct subordinate to
<br />this-Mongage, !hl the creation of a purchase ntonty ucurity ,nttrest for household appiianees, icy a rransfcr 6y deVIYQ
<br />dtsuent ar t>y nperatinn of taw upon the death or` a joutt renant or
<br />Lander may, at Lender's opann. declare sal ;fie sums secured 6y this l4attgage to be
<br />imtnediattly dot atxl payable. Lender shall Nava :+a:vtd si:cl± npuon to arcekratt if. pilot to Hie sale or transfer. Lender
<br />anti the person to whom the Property is m ht sold or transferred reach agreement in writing that the credit of such person
<br />is satisfactory t,a Lrndtr an3 that tht intarett payable nn the saws secured 6y this Dfongagc shall 6t at lucre rate as Lender
<br />shall request. Cf Lender has waived the opuan x~ acceieratc provided en this paragraph li, and if Borrower's successor in
<br />intertxt has ez~uttd a wretttn assumption ugrtement accepted in wriare 6y Lender. l ender shah release Borrower from alt
<br />a}rlrgations under ibis Mortgage and the Note.
<br />CP Lmder exercises such option to areelerate. Ltn;lcr shs?? mail Sorrawer nonce of ac:xtentian :n accordance with
<br />aarpgtapn i•# t~~rcat. Sigh aortae shag prowdt a pencil ,mot not less than ?Lt d~evs from the date the aortae is mailed within
<br />which Borrower may pay the sums dtrfartd dot. Ii Barrowtr ta,ls ,o gay such~,ums prior to the tzptntion of such period.
<br />- Lender may, without further noartt zrr demand on Borrawer.:arokt anv rernedics ptrmttted by paragrph 13 6ereaf.
<br />v''FOtr-flNtFOast C'ovatan^trs, Batrt>wsr artd Lender tunhtr cavtnar>[ and agrce as fa?lows:
<br />1B. Accidetatto~a; ItsreedW. iaeept av prorkkd Co paragnpb 7T hereof, upon Borrower's breach of any cotenant or
<br />' ugreetat[tN, of Horrower hr this Nartggte, i~ludin$ rbe tovrenants to pay when due any sums seewed by this ~tortserte,
<br />.°Ltnrlsrf+itsr Na areeieealiwn shalt moil notice to Borrower ax provided In paraRnpb li pereof spectfyi[~: tt) the breech;
<br />. (1) tha atUee retgdrd t9_ettn writ breaebt 13i a dine, oat leas than 3t/ days from the deue tha rtartice is mailed to Borrower.
<br />b} teY:iels wch 6seach ateao be eared sad i+l that faBwe to care such breach uo or baton the date spttilted ie ibe ttotke
<br />in ar=telentdtra of tier tyres trecured Ay this ttarq}aite, farecbsnn by judicial proceeditgt and sate of the Property,
<br />71e orrice sltteH #iMlsee Infarrrt Burrewcr of flu rigiH to niaatate after atceleralioa and the right to axxrt in the foreclatue
<br />p+sewl4~ rite woe:et~tapee ~ ti dettwlt or anv Whet dtteastt at Harrower to atcthrratioa and fonebsan, tf the btrath
<br />is awe card as or AstMe rite dW wpeciRetl ht iSe mrtkr, L.crrder at Lemter's option tnay deelan ate of the soww secured by
<br />tlti ifael~ate to peiaaaw,rdLrfrlyaftis sent paxabit ^•ttharrt farttaet detttaad and ttttrt~ farcelose by judicial prwaseding. Lender
<br />.iteU ie~+rirti[tad to trslMvt {n varh prutedieyt aB rrpetrses ref fotetkMSnn. itxiudiaa, but not limbed to, casts of datumeatery
<br />+r+isle9ritt,.tdrtte'#is Yroattitk rrp@r11,
<br />i~= HM)'nP1~fE ILldtl ru Brira~le, i'~4H?vithBtaatFtng i-~t7r~r$ s4~ek rata.+.u of eh¢ burn-s s~s"aec`if bk thik kf~rtgtt7te,.
<br />itstrxsswrx~it haa'c xtu ; igh• :art tsarre afi3 ptxdtngs i>ffigetn ay 1_nadtr to ertf> cr tihis .-4fcrte tlsec+nteriat~ st aaty r: me
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