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t 84 - 002120
<br />Lender's written agreement nr apphcable law Horrower shall pay the amount of all mortgage insurance premiums in the
<br />manner provrdeu under paragraph ?hereof
<br />.Any amounts dtsbu rsed by Lender pursuant rn this paragraph '. wnh interest thereon. shall become additional
<br />indebtedness nF Horrower secured he !bra Mnnga¢c l'n!eas Horrower .: mi fender ..gree to other terms of payment. such
<br />aTptmts shall fte payable uIk n nonce Imm I roster r.+ Horn~acr reyuc,ung pacrt:c^t t hereof. and =hall hear irt,°rest from the
<br />date of dishurmment at the rate payable from time to nine nn outstanding princpal under the Note unless payment of
<br />interest at such rate wptdd he ttmtrarv m applicable i,:w. :n which event such amounts shall hear interest at the highest rate
<br />permissible under apphcable !aw Nothing contained in this paragraph 'shall require Lent'N,-r to incur any expense or take
<br />any action hereunder.
<br />g. htapeelfoe. tender may make or .ausar h, he made reasonable entries upon and mspectrnns of the Property, provided
<br />[hat 1 ender shall gees Bnrmwrr nonce poor rn .ms +,.rth inspection sFxrifcrng reasonable <auce therefor related to 1 ender's
<br />interest rn the Property
<br />9. CowdewwaMon. The nrrx~ceds ,~f .un~ .,.acrd ,=r , iamt for damaaes ,lirect „r annsequenual, in connection with any
<br />;nndemnatinn nr other takrne ..f the Pmpertv av part thereof nr for aanvcvance :n lieu of condemnation. are herchv assigned
<br />and shalt he pard In [ender.
<br />In the event o .. rota! takrne ,d ;hr Pmpem. the ;+ oceceis ,hall hr applied In the v.rma scarred by this Mortgage.
<br />with the etccas. if am•. pard m Anrr,+wrr Rn the evem ,,f e partial raking of the Properly. r:nless Horrower and Lender
<br />,*therwice agree in wntin¢. there sha!I F,e applied r,, the wins scarred s.v [hrs Mnrl¢age such proportion of the proceeds
<br />as n ryuai .o that pr.,ry,rUOn khrah [hr ..man:;[ of [he +um=. ..cur e:9 h: Th:a y1n.^.oage immediately prior to the date of
<br />raking heart to the fair market ; slue of the Pronem ,mmed,arch- rrnr rr+ the date of takm¢, with the balance of the proceeds
<br />raid to Borrower
<br />If the Properly rc ehandnned M Hnrrnw-rr ,v ~f after notice by f coder to Horrower that the condemnor offers to make
<br />an ,award .,r +eflte _, , farm h r damar:rs Hnrn.wrr t,rr!+ ,, csptmd r„ 1 ender wrthm t0 days after the date such nmice is
<br />mooed. Lender ... authnrizrd to eollea and apph the nrzxeeds st tender's option. rrther to restoration or repair of Lh0
<br />Propern ,+r an the +um+ aeturcd by rhr+ Mnneaet
<br />l'nless i ender and Hnrrnw rr othcrn iwr a{;rer m ~~+rrtrr,L am such ar+phc+tron of proceeds to principal shall not extend
<br />or pose pore rhr due :!arc .d the rnonthia •, •,v n!Ima•a!s referred h= v. ra racraph< .+nd '_ hereof or change the amount of
<br />++rch ~nstaltmcnts
<br />18. BOrrown Vol Rekaxd. f-.+tersarnn .•, 'he !~.mc !.rr p.nmeet ,~r ma..dificanon of amnrnlal+nn of the sums secured
<br />h, [hrs Mc+ngagc gin n!rai by ! rmic !, .arts ~ ~ s+, , -r m¢=rest rd Horrower +ha!1 not operate to rdeaxe. in any manner.
<br />re e
<br />the !:ahdtty ,~t the ~,ngsna! R<xrnw-er and Flormwer- s sac ..+ .o rrsters_+t I order chat! not he required to commence
<br />,~+saxcedmgs aearrsct such sucrees;=r :,. .rr,;~ ;~ cStenal rmcator pas mein r,r othenvrce modify amortitanon of the sums
<br />+ra::rrd by rho Mortaagr rn era+awa .•! r, r. ;Smand made ha :hr enema! Fkxrnwer ntd Horrnwer's successors in inlerMt.
<br />11. Forbrarawre hr Yoder \at a Waiver. ~~.~- "=mr.rranrr hs t cndrr rn rsercrsrn¢ any right nr remedy hercundtq nr
<br />~•therw.+r .il?„rfed he .,pplrcahle < ~ha!I a.+e "c ., war, er -,! ~ r prelude the c•xrrrrse of any such right cr remedy.
<br />T'he pnkuren.ent :,! rnsecranre ,v nc~ypnvmcnt .•t tss;•, .~r .,Thee Lcrn ~~r :har¢r+ t,v 1 coder shall not he a waiver of Lender's
<br />right r,, aaeirratc The mamma .+; The =ndahtedn<=~ <<a tired },s !his Mnr'gagr
<br />1:. Rewrdier ('amrMive. dl! amraisr, r.. ,,aid .~r r'+n Mc+rteagc arc dtsnnct and cumulative to any other right or
<br />xmeds :e.etrr rhw M;xtgagc ra ottnrck-d h; rr;. ,F .quip cad mss (.c exec; r+ed concurrently. independently ar successively.
<br />13. tioccesnorx awl \wdgos (bond: Joist and ~evesal 1 lability; ('options. Ihr covenants and agreetents herein
<br />,ante: ncsi s?talf bend. and .hr rtghrs hcrrr:ncfer afro;! :rtue :.. the rcapcctrec a,ncxssnrs and assigns of Lender and Bo[tower-
<br />,uhtea to rhr prnxrax~aa< nt paragraph t° herc~sat 4!! ,ovenaats and agreements of Borrower shall 6e joint and savant.
<br />ISx aaptu,ns anal {+eactsngs ,>: the paragrap?„ „t rhr+ Mortgage ere fnr ;nnvemence only ant! are not to 6e osed to
<br />,nterprrt nr define the prnrrstorxs hereof
<br />F+<. !!Mice. Pxcept fsr am• reoUS rec;nurd :+nder applicable law to be given rn attotfser manttar, Ia? artg [tatiCie m
<br />Hnnnu-rr nmrrded for rn ±hix Wcrtaape *i+aii hr ~.rven by marling su,h natrec by ;:erirfivd mail addressed to Borrower at
<br />the Property iddrrss nr at +uch €Nhrr adder++ as Borrower mas~ drsrgnatr by notice to Lender as provided hercio. aril
<br />ibi arts nc+tece t:? i exxdc-r shalt be gzva•n M ,+•rte(te^al marl :Nunn nrer#n rcq,atsled. to I-ender's address sated hertiw of to
<br />such +Hhrr addrexs .:a i ender mss drs:gnatc hx n++t rse ?•+ Horrc+wer as provrded herein. Any nnt~e providvti for in this
<br />M;utgage shall t,e deemed so ha*c l+tcn g,+~en to &,rmwer .-; I ender whrn green in the mantror dtsignated herein.
<br />t5- UwifMw R/ortErste: <:a.ertdnR t.aw: SerrraYYily. ihr+ term „t trrnrtgage combines uniform covenants fix natixmal
<br />use and mot-,m,fa,rm aovenants s.:±h limned sarrah„ns t+s- ;ur+at+cnnn n. ;onsntutr a uniform security instmmenA covering
<br />real property Ih.a S#on¢agr ,Ball hr gee+crnrd by 'fie la nt the ~r!rzsdsetron €n wha:h the Pi(tperty is located. /n the
<br />cyrnt that acs peas^esron ,u aa:+ae a:f ,lire Mortgage nr the Nave c,xnflh:rs with applieabic taw. such eonftiet shalt n(w a$eet
<br />rasher prnv,s,ons of [hrs Murtgxge :€r the Nntr .x h+c{t ;an br green effect withotu the arontlicting provision. and to this
<br />end rhr prnvtsictrn_ c*f the 'atnrtgagr tied the ~,vr are declared to he scvarabie-
<br />1~. ^artoacer's Copv. Hormw-rr shsil nc lurn:+hed ., cnnlormcd copy of the Note and of this Martgttge at the tim6
<br />:ai rsca-titian or uftrs racordatutn hercKxf. _
<br />17. Trrt(er of t-e propvey:.{y S t ala or anq part of the Prc,prtty ar an Cntarest therein is svM or iratt3te~'tsd-
<br />hy Boric*wrr w+thc>tn l.r ndvr'a prior wreitrn consent. excluding tat the crratinn of a lien or ettctunbhtttt snbnrdiAatC. to
<br />th€s Mcutgagc. tt+) the creation of a purchase money ,a-curita interest far hos~efwid applraoees, !cl a traMtat (1y dlGyiav.
<br />dexent nr by operation n! !aw upon the death of a m.nt tenant er cxU the grant a( any {CasehoM interest of three yetttl tN' leas
<br />nett cuntainmg an s,prier=, to put. base, 1 rrtder map, at 1 ender', nputn. dvci:tre sit the sums sa:ured by this Mortgage to:lfo
<br />rmmNaatesy due arni payable {.cndrr shall have warvrd +:nh optwn t,r accelerate if, prior to the sale or tratnfe[, I.ewtle-
<br />and the pera?n to w=bnnt the Properly r+ n, hr +aNd nr transferred reach agrcemen2 to writing that the credit of such pfwam
<br />~s satrsfacsnn. to i.em~r attd that the imrrcvt pas•ahle ++n the suers secured by this Mortgage shall fx at such me as I.ettder
<br />Shall tcxtuest If !under lux watveat the ;=puon sn a1elrratc pe wiled in !his paragraph 17. amt if Borrower's sttcemror in
<br />+cttcreat has executed a w-riven assumptson agreement accepted in wnnng by Lender, l.cndu Shall rckase 8ortower from aB
<br />nbltgatsans under sire Mortgage turd the Nete
<br />if I.vnder exrrctses stw<h option rn auelerate. 1 cndrr shall rnad &trrctwer notice of accekratian in aecotdance with
<br />.paragraph i3 herrnf Such nonce short prov.dc a per, tci of nor Sass than ?0 does Irnm the date the notice is mailed wiMin
<br />w h:eh Barrtwer mar pay zhr sums declared due If &trrn•..cr taxi, ro pay such sums prior In the expiration cif such period,
<br />[.ender may. wtttmut further ttoucr x demand nn tinrn>wer, rnxnkr any remedies permit red by paragraph IR hereof.
<br />Not~+-t Fvtroat!a f~tt+i,N.krs Hurrenrcr and L,xndrr further ceaenant a»d agree as fnlluws~
<br />11. AtreYttrrwtaw; Retwedies. F:xcepl as prwrided iw paragrstpY 17 hereof. opts iarrwwer'a YnweY of awy cwtawawl ar
<br />ayaatwrl ar Berrnvrer to this Wnrsgage, iwclwdiwg tYe cnvewws6 to pay wYew die awy awtws aecwrai lss IYis Maelgwga,
<br />I.awdse prir M arvlaragtw siaM rnwt7 notice ro Mwrower w provided iw pwragrapY li Yeraof speci(Jiwg; (1) tYe YnacY;
<br />(2) Nat arMww repitd to care arcY YteacYt i3f a Mle, net leas [Yaw J6 dwsa fraw the date tYe wWiee ik tttaBad a kaswiwRr,
<br />Mry rrYYt- twtrY YraarY wwt k cared: said NI flat faliwrv to rtwst snc- 6reavY w or 6etore Hie dale t9MS•liAsd iw tYe walks
<br />asap rwttM r• acsaierttttiow d tYe sews srcared Yy tYia itwtpge, ftwerlaawre br Mwiitiai ptnateediwg awl sale at IYe Pra~wq.
<br />TYe wtWt: altar fwrtYer iwtorw Memwer of tYr rfgYt b reiwstate after asreMrwWw awl the tigY1 b awterl i• tYe tasaclsaan
<br />prtteaaiits Mtt w~etdNewee of a tisiatdt ae air sN4r skfpw of rorrawer M acavelerwliww uti feraclwwe. tl lift MaweY
<br />it wY cwad aw M Ysdart IYe dwe partied iw the aotlce. I.vwder N t.ewder'a opliow nay tfaelare or d tYe swttM seewtod Yy
<br />HtY Mwrlgrt,a M M itwwradialdy dws ata/ payaYM t+itYtwt raet4r drwawd awl way foteclaae !r iwiieial proraedltlg. Lewder
<br />sYwr k ewtlrad w corset b sweY psoesallwg xrr vapewaes d rMr+lasssre, iwcltdlwg, ttaw sal BwiMd ta, coats tit davawsewtry
<br />exiiswea, rYa4rcttt awl the rrgarta.
<br />l1. RirrmaaPs Rri11 a RoYtatale. ir.twnhstandin{t i ender'. asccirrarrau+ „i rhr starer, srcesred M this Alortgaga.
<br />fYtrtovrvt shaft lave the right to Naar any prncecdrngt begun t+v i ender €+, cns,*rcr [hrs Mengspc etsscnntmstvd at ant note
<br />~a#:. ()sj ~~~
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