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<br />3. ~~ -"" Qdle~06 <br />to Lender's interest in the Property. <br />9. Condemuagan. The proceeds of any award ar claim far damagts, direr[ or cunsrquential, in connection with <br />any condemnation nr other taking of the Property, or part thereof, ar for conveyance in lieu of condemnation, are <br />hereby assigned and shall be paid to Lender, subject to the terms of any mortgage, deed of trust or other security <br />agreement with a lien which has priority over this Mortgage. <br />10. Burrower Not Released; F'arbearaace By Lender tint a Waiver. Extension of the time for payment or <br />modiHcruion of atttortiaatian of the sums secured by this Mortgage granted by Lender to any successor in interest of <br />Borrower and a!i other parties who are ar [hereafter became secondarily liable shall not operate to release, in any <br />matttrer, the iiabihty of the anginal Harrower and Barrawer's successors in interest. Lender shall not be required to <br />commence proceedings against such successor ar refuse to extend time for payment or otherwise modify amortization of <br />the sums secured by this Martgaer by reason al any demand made by Ure originaF Borrower and Borrower's successors in <br />interest. Any farbearance t?y Lrnder in esrrasing any right ur remedy hereunder, or atherwise afford,xl by apphcablr <br />caw, sha1F not be a waiver ut' ur preclude the exercise of any such right or remedy. ` <br />#f. Saccrssors aad Assigns Bovad: Joint and 4evenl Liability; Co-signers. "f`he covenants and agreements herein <br />contained shalt bind, and rhr rights hereunder shat! inure to, the respective successors and. assigns of Lender and <br />Borrower, subject to the prnnsrons at paragraph l6 hereaf. All covenants and agreements of Boreower shalt be joint and <br />sevrrai. Any $aorrawer who co-signs this Mortgage, but does not execute the Moir, (a) is co-signing this Mortgage only to <br />mortgage, grant and ~onveg• chat &?rrocver'~ ;ntrrtst m the Property to Lrnder under the terms of this Mortgage. (b) is <br />not perumalF} hablr an the :Nate ur under !tlta Mrrtgagr, and IcF agrees that Lender and any other Borrower hereunder <br />may agree to extend. madtfy, forbear, ur make any uttler acratnmodations with regard to the terms of this Mortgage or <br />the Nc+te wrth,xn that Burruwtr`s ionsrnt acrd wnh4ui rrlcasing that Harrower ar modifying tl»s Mnrrgage as to that <br />Borrower's lntertst in tht Praprrt}, <br />t2. Noficr. Except for any nosier required under apphcablr !aw to hr given in anather manner, 1a) any ntyti@e to <br />Borrowe[ prauided form than Mortgagr s?+aIF hr givrn by do"Itvermg n or 6y mailing such notice 6y certified mail <br />addressed to Barruwrr at the Prat?en} Address t?r at sorb other address as t#cnnlwer may designate by notice to Lender <br />as pravldrd herein, and !bF any nonce to Lrnder shall br givrn t•y cernficd mad w Lender's address stated herein or to <br />such uihs`r address es Lrnder may drstgnatr by Hoare to Harrower as provided 6errm_ tiny Hoare provided far in this <br />Martgagt shuts br dremr°.i r+1 Maur been givrn r,e Botrc~wer ur t.rncier ,.hart givrn to the tnnnner designated brrcin. <br />lt, GovernieR Law: SerrrabHBy. I'hr ~tatc and locus i.[ws of the jurisdirhon ui which the Property is located shall <br />apply cxeet(rt +vlitrr such taw..antlin wnh F=ederal ia1+; :n lchich 4ase. Federal law applies. In the event [hat any <br />pct?vtston cu ;;laasr -~t this tita;agaec or 'hr Y„rr ,entlicn wah apphcablr law. tiuch a?uflict shall nut affect ather <br />{>ravtsions of this Ma>rtte vv ihr tieatr which eau be gr.en efFrct wuhaw the cunliictulg peavtsiun, and to this end the <br />nrorisions ,ii phis Mortgc,r;e .u1d !tit N.,tr .ire deciarrti to hr teverahlr. -is used herein, "casts", "expenses" and <br />"ntt;arncys' fern" metudc alt .ants ra the extent nut peohibtted 4y appiuable Faw or innitrtf herein. <br />N. Barroxer`s Copy- rre?wrr shaiF 6e f uxnished a conformed copy of the ~atr and of this Murtgag@. if reyttextad, <br />at tht timt of rxrru€tc~n or after P;curcialian hrreaf. <br />i5. NebaYNirlt#oa Loaa AK~~et. F3arrow~ sF,ali iu{tilt aFF of Barrowrr's obtigatiuns under any home <br />Ctliai?dFPta2 t+Jn, FmpraYrme[tt, frpalF ,r +,37-t[ ~t1ar1 a,}`,[relt1ent wtdch BEy7rU WYP rntrr< 3Plta wltll l.,cndtF. LendeF, at <br />F._endef'~ a~rifC?n. tT58y Fi'gUkY> BQffiLwrr its tt^iUiY 2#i S7 dCYIY`CF €a L-rrldCr, 1dt a fCii"rn HCCCpt86f(' lf! LfndC9, an aS$dgitmCltt <br />of any rrghta, aarm> Cxt sizttnsea xlncn Barr,+wrr tnay '1a1~r agauist ptutir, who supply labor, mate=cuss oP srevicrs in <br />canneenorl wars imprcr~remrrrrs made it, the F'r~pee;v <br />i&. 'franstrr ut the Praputy. tf fiorrvwrr sr`s7s +=r uau+trrs all fir any paFt of the Ptaprrty ur an mtrrrst therein, <br />rxrlsdulg, iaF tha crnatrc7n :.l al~n +,s enetuubranrexulx>n#rnate rn thss A#ortaage<(h) a transfer 11y, dL"YPSC, drssrtzl, nr b4° <br />apK[aisott o-t taw u~;n ihr ~9eath ,.t a ~oatt renaflt, Iki tftr pram .~t any leascFrold ;nrerest of three a-ears ur less nut <br />:antauritrg an stpitun to piirchasr, td1 the .reatnsn of a Fwratast ntaney sec2tr,ty ttrtcrv~ss ft:e hoaschoW appliances, (e) a <br />trurlsttr to a rriatrvr rrau3t.»r~g from slit death ,si a Borrelw-cr, tt~ a tranafeP where the spouse or c~llttdren of tttr Barruwrr <br />bev^irmt an ow-net of tht PPapertr. tgl a traasiKr rirsuFttng from a decry of dissulutwn trt marring@, legal separntion <br />a(lretment, ur frm an incydrncal proper€y scttkemrnt agrttrucnt, by which the slyt»tse of the Harrower tttsxrmes an owner <br />of the pt'aa(xray, (hi a transfer intrt ant inter vlva~s trust in which the Hoaraw°er is ant! rrmaini a bentficiary and wHieh lots <br />nut relate to a transfer ut nghrs al ,n~eupanc} an the prapeny, or iii any other tranafer or dispuaruon described m <br />rrgulauans press:ribrd hs the federal i#r?mt Loan Hank Hosed. Barrawr=r shall cause to be >ubmiued ur[utntauuu <br />required by L~udor to evaluate the uanxltret as if a clew !clan sacra btitrg nwde tt> the t ranafcrre. Barruwrr will continue <br />to be trbtlgated uadtr the Note aPxi this Mart$age nrtiess lrndt[ reieases Borrtrwrr ~n wnting- <br />If Lender des rtat aprre tt> aurtr sale or uaaater, !_rtldcr nlay deviate all n!' the sums aecwcd by this Mortgagr n1 br <br />immedus't~y dot ancf payabFe_ It Lrnder r><,rctses m6t1 optwa ttr a.cetetatr. Lrnder .hall read Harrower nsuts:e of <br />acetFrration its aceardance with paragraph F2 Fltreclf. Ouch rti?ttrr shag px,vtde a prriud 1,f oat less than 3U days from the <br />dart the notice ra ma3trct ar ttelivrrtd wuhin winch Borrnwer may {.*ay the .ums dtwlarrd slue. If Fdt>rruwer fails to per <br />such sums prier to =. ht expirations of such periad. Lender may. x~tehom further nnnce of deinand ou Bon-crwer, m+akr <br />any' remrdits ~rrrnaitted by paragraph t? hrreut. <br />?~C)StF•US+Y7}`"fyRM C°t)YE;NAN73- Barruwrr and Lrnder further cavrnant and agree a, f:111ows: <br />17, Arcekratfan: Remedies. Except ax provided in paragraph Id hrreaf, or as otherwise required by law, upon <br />Barruttttr's tr,reaci of awy cnvenaat to attretaaral of Barruwrr in Ibis Monttaae, includia>; the Corrna6ls to pay when due <br />arty stlttkt sec*rad cry tits dNnrfRaFte, Cruder poor to aetekragaw .!tall ~ixe notice ur Harrower as prrstribed by apphkablr <br />tutu yiar*: (fl fie braces: fit for action rrgakrd to curt sac6 breath: tJ) a date, ntn teat than !It days frotu rite date <br />tltr wises i~t ttraikd to Bamowtr, by w-irh such breach mist be cured: and I~t that faNure kr cure smh breath on ur <br />i!eF'aRt' cis IktlS .~reo#[tiaif #a toe ttatitr may recap in acrekafton at qtr sums r+erured b5 Ibis Mortttake, Frrrctasure by <br />jtttdi[fM 1~FM~ aiN sqa of tbe'Property. TUrr uatix~r .ball further inform Harrower of the right ur reinstate after <br />e~lrraliaw-dfad fair tigiN, to a'aaert #a lire furevlt_.aarr prucrrdiat} the nuarxistenre ut a defauil ur any nihrr drfeax of <br />•urrarvr ter sand twttw'lasnfe. tf the b-earb #a cot auM oft or brfine the date sprrified in ibr aafirr, i.rnder, <br />N' iRtw~ a+n/dMrtf. ~ aN of the .ants „ec'ttred by tfiis Manpttite to be immediately due and payable without <br />tw!#Atf titttittttd spi tam fa(rntiNtss Nkia SNorigafir br ~adkirt prutrediag. [:ender shah he entiged ter eaNrct is such <br />ttacpetrsett ut ~tttF+tefeitt-rir, ~tlr but aaf limilrl ta, reasaaabk attternrys' ftrx, aad costs trf <br />~ ~^vWsnctt, aiNttaela atfd flue repart~. <br />lk ~nfibat'f f~l{i tl ~(~: 1Vt~r ~ttlp;lmgr(trn~ t Tne'!er't a~'rtr±"atia~rn ir!' ifre 'r c•E:? 'P.1 h.: rEi tx ~Ltrrlq;>tir d.rc~ <br />fir 8orr~,vea'"s brraw)r. Htxrrtavker fltrati base the rigftt tv ha+'e any prxa:erdint§a t+rftun hy° i endtr io ruforre this !tilartgagr <br />t~~v'.#ter.9.~n as any ri~tF tea dntry cxf a }us.at2~ct~t rufcn'sr+r~g chti; a4isara~~&ge :t`. ir) f3a,r r.,wt. 1>~+p-s t trr.I~s at3 nn:u~. <br />