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<br />83-003731
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<br />Lender's written agRement 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 dilbuned by Lender pursuanl to this paragraph 7, with interest thereon. shall become additional
<br />indebtedness of Borrower secured by Ihis Mongage. Unless Borrower and Lender agree to other terms of Jl*YInent, such
<br />amoontsshallhe payable upon notice from Lender to Borrower requesting payment thereof. and shall bear interest from the
<br />date of disbursement.t the rate payable from time to time on outstanding principal under the Note unlt:ss paymetttof
<br />interest at such rate would he contrary to applicable law. in which event such amounts shaU bear interest at the highest rate
<br />~ under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any e~ onu.
<br />any aetWn here\JJlder.
<br />8. ~ Lender may make or came to be made reasonable entries upon and inspections of the Property, provided
<br />IlI..t Lender shall give Borrower ootiee prior to any such inspection specifying reasonable cause therefor related to Lender'.
<br />interest in the Property.
<br />9. C................ l11e proceeds "i any award or claim for damages. direct or consequential. in connection with any
<br />condemnation or other taking of the Propeny. or part thereof. or for conv<oyanee in lieu of condemnation. are hereby assigned
<br />and shall he paid to Lender.
<br />In rhe event of . tolal taking of the Propertv. the pr<><:eeds shall he applied to ,he sums secured by this Mortgage.
<br />with the e-xccu. if any, paid rn Borrower. in the t~vent (If a partial laking of i.he Property. untess. Borrower and '.Lender
<br />otflerwis<: agree in wriling. ,here shall be apphed '0 the ,um, ",cured lw Ihis Mortgage mch proportion of the proceed.
<br />as h equal to that propo,rtion which the amount <'It the sum.. ~cur-ed by thi,~ ~fortgage immediately prior to the date of
<br />taking bears h") the- fa~r market value of the Pmperty jmmediately prior to. the -dale of taking. with the balance of the.-proceeds
<br />paid 10 Borrower,
<br />If lhe Property is .bat>dollN hy Jk,rro".r. '" if. aftrr no,ice hv Lender 10 Borrower that the condemnor ofti::rt to make
<br />an -aW3rd .or setde h claim f.."!f oamagn. BnTro.wef f;1ih h) re'P'i-1nd to Lender within 30 da)"S after the date such, notice is
<br />maded. tender [-<;, authorit.ed t~ colie.:t and ti-pply The rroct:Cd~. at f...endef'~ option. either to restoration or repair of the
<br />Property -nf tf'l- the ",um~ \\tcur-ed t->v thi:s M\)Tt~~
<br />UnJes-~ Le-ndcr and &1-rrn......er (\fhef"\\-'i~ ng:ree: m wrltin~. ;1!1Y such .:lpplicatkm \')! pnx'eed~ to pri-ncipal shall not extend
<br />(1'( pl'lStp..lne the. due da.te {1f the mo-n,hh' in.5-hlHrrrl:'nr" fdern.~d H~ in r3fag:r'aphl., i and 2 hereof or change the amount of
<br />such instaUnumh
<br />tO~ Borrow", Not Rf'~. Extefl'\lon .l)! the time f,)-f pa\'ment (~t modifh:--adon ~tf amortization of the sums secured
<br />try thi"i M('\rt-gAJr gFo'lnt~d hy L.enrler In .al'l"" 'iUi:C,(;'I;.1OHr In rmcrc'II"t l If (lorn1w~r ..hOlt! nflt ope-rate to reJeue~ in any manner.
<br />the liability ~,f the c1cri'fn~t Borrower and Bnrn...wer\ 'l,uCCn-s",')f, in intere,st lender "i-hllJl fiN bC': required to commence
<br />pr-ocee:,djn&.~ 3$.lUn!\t \~h UKCC\'lK!.f or rdu">(' 1(t e~tt:nJ !lll'l:~' (."It pillvTT1cnt or ~Anef'\-\'i'C modify anlOftizadM of the sums
<br />~ut<<f'by.Jhis MonlRP' b)' R'-UOfl :(~f :;.:1..... dem~!1d m~Jt.: t'-\' lh~~ \lrj~lf1al &r-rnwer :tnd Rorn.lwer's s.uc(:~rs in interest.
<br />11___ Fo~"'~' N. a Wahl;"f, ,\ ~n' lnrhc'iuan..::.:: hy I ender in ("'\ef'\':<;;:II1~ .HW rij!ht or remedy here.under, or
<br />.l-tMrWd-c "t~ by iippiw;abk ~.W, "h.'ll! fH"l j',{, .,t WRilq'f ,'of "T rj~,:'!ud~ the ~-.\t.'rci\e of an\-' ituch right or re-rnedy.
<br />~ f't'OClJrttnt"nt ~f i~\}1".n'K,"'f: Of lfHo J"<lVfN,"m 'ilt h\:C"'\ N ,'trn"r l~('fa Cif ('haritc"" hv tcn--der "haft nt'll he, il waiver (If Lender's
<br />right ti~ 3,;,,'~d('r'1t( the- m:iUu;Ii\" of the' !~1d-('~tedn(''\~ '.~Yl{n'd hv tnt.., \tortg'~JlC'
<br />11. R~ e~lf. AU f""mrJ,c'\ rr>", ,{kd ;n th.. \tnr1~~llt\' an: ,h..,md ~ind l.'Unllllalivt to an~' ('lfher right ~r
<br />;'t:m(''l"fy under thi.'f. MCflt;a-"" ....1' alfnrGed h' Lll..~' ;'! '~'lUl1Y ,wd mZJv tX' t"t'r';:t~"d ('tl!KUfrentJv. independentt\' or N.uccessiveJy.
<br />13. Sutt_.... ,'...... .....1hI, .!<>inl .1hI s..-..nol I .ahlUty, C"l'tIoM. llw ,'\wen.nlS and >jlfrcmenn he...,in
<br />':HuUunc:d ..n,aU Nnd, ;ind the r1#hH. l~rt'HrH,kr ~hidl ,'Hm: !i.-'. lht~ tC,;~!l\"(, "\i(;.'C'i~'-n and a~"i~n~ (If I t'noer ~nd B-omlwer,
<br />...ub~t to f~ p-n"...~itm... ,}( p.af;1g.r~rh !:' h;:n~ot .\H ("l"l~tl~nB .\fhi ,'H~n~~mt:'rH" or 80rf(..\\tN ~hllH No j(1int and ~verat
<br />~ ('..lpht1-n~ ;j,nd heaUtD$~ .-:'1 the f\~nr~r<.!ph., \"! !hi, \f(l-n~il?{, i;t!.'(' fl.'f ,:nnv('n!en~::c nni\" ,lnd M~ not to he used to
<br />intefptd ,''-f detlnt" the rtoVf~);'')ll'' h~fltot
<br />14. Sorirt!. P'-"--CiH !,'-r ;:mY ftotKC rl;'"~wn_"d wH.la 'If'Phc,Jt-k b\l; h' ~ P"'t'r1 If; >Hwther manneL (~) any notke to
<br />"tkW'i(\WCf rfn'\'~de-d fot l{~ iht~ MOftKage ~h;tH ~""'<' ;,;!'.'~}n ~;.' f'-1-:\thTl~. ,\\N,.-h f\(l.tK~ ",- <;'('r1!ftcd rn;i!l Jddr~~d t(l B()r-ro~"er at
<br />tn-.t Pr~r1\- i'\ddrt'1>'\ nr ~!. "'!i\.:h t\tn...Jf ci,,--l<,h~.....'o 4". B,~-f\'-n"l-{'J ,;\~'-; Jt..~'t,1it"<iH' f-\O !1,-;th:e h, f coder ."l:!l: provided herein, and
<br />{M Anv not.fC'lt ~o t .c~1' ",h.:iU t~ t;tH:'.n ~\' d.~:r-.tdk'd P,1,)!! f("f\Jrn !("I.<nfl! ;~._qHC""t:cd If' I f.:'tliier\ :dddres., stated herein t)-f to
<br />"'Hen (~[hc:r ....dt.1no-s~ ..~ I_>:ndcr ;tt:t\ d~,gn3h: h\ ,~\\tl,-,-l.~ tlnrt{\wl:t .v:. t~fl'''''l-\.kJ hl."r"t"1n !\n\' nCttJee pf'l.w.jded for in thi1i
<br />Mnn~a~ s:hl.'lii h( d<<n~d td lu-,,'l;' tx'e~\ ',..:.n~(;n u' ~kHrc.v..t'{ ,'f ! .,'~Hk: ~h:'n ~--;;-""{'n in the manner dt"!iignated herein,
<br />IS. Vtdlona M~; (;uv\"f'ltjtllll....: SlitH'ntNlifl. n'f~, '1;,qn ,;.f mnf1ga~e ,-,)rnhtlles lJlHform ~'(lVenants for natlonal
<br />uSC' .i.fid f~o1l-u"itnn'U "'~'1'\'e-n;.!m.. ""lth hmHed '"_in~tl~~r,~ !,v l~lf,';..di~'ll\)!\ l,\ ,"nHlt(~!e;j un,f,Jrm \.CCUflt~. jn~lrUJnent \;overinB
<br />~*l proreny 'Ill;", MO';"fF~t' ~ha!i }">t' ~o\t'nt{"'-J ~'\ ~h(" :.lW IIx' '\lli"thchnn i'l \,'hich !ht' Prt-.pcrrv j" h"Clt.tw. In lhe
<br />('''''-ern th),t ;;Ut\' fH'OVl!.liH\ ~'f \.'t..iU!<'c ~..j ;\H., \-tnn~dJ~t' ,'~ !he 'Oh':" ;.i~nth"::h ""nh :lj'rli-r.lhk :;l~, ~ul;h \.'ontlicl 1ihall not affect
<br />tltbe! provl,..i(.m-,;. ('f ~hl'1! Mt~:rt,age ,'f rhe '\;,)k \~h,...-h ':.;U1 r-..: ~n.'1,.'11 dk,;r ',~i!hnH! the ,:~lnHktmg pr(\vi~ion, and to this
<br />end dre rto..-j-"d".'-1lc\ d' iht;< ~f-Nt~:asrc Ji1~j the ....(>1(- ,,:'\:' d<..',:brc-d I.' l).l.~ ...~\'t~f,\hk
<br />16.. ~K" ("up)', ROfft"'We-f ,h:i!i hf rmm.",htd ,I 1;,.H!k'rlTI('d ,:np\' \\1 the "'0(('" ~nd o( {hj~ Mortgage at rhe time
<br />n,f t:;\.C\;'t,lU()n ,\t .,het' r\;-\.'t~rdiUKm hefeof
<br />1,. T.....", o.f dw Propen,': .\...,.uon.. it ,'lill,lf ::U}\ fUrl \,j lht' Pwpertv nr ao tnterc\t tht:rein lS !\<,)Id or transferred
<br />hy Born",w--er ""Hhou! Litlldcl"" roor 'I'H'Hi'cn ..''.H\'<.('OI_ t:\I,\;'a:hnJ{ ~,l! lh..." .,re,;tlinn (If _\ lien or em:umhralKc .\ubordioale 10
<br />,ht..; Mt..\f1f&1t, (h) the (r~:dl\.'\fl ~,t J p,uf'1..'h<t<,;(' rnt.~.<\^ "'t"CHIn'\- '!llt~re~f L'f nnH"",hu!d -appliances. tel a transfer hy devise_
<br />deic.enc (!If hy \:-.ptf"3.tlOO (,It lit" up(tf) ttl<! l.ie.af.n oj 'J h~wt le'Oanf w ;d~ the ~I;;.m ,-,f Ml\' ka'Sehnld fntt'resr t.lf three year... or lets
<br />ilOt COn.Amin, 3.n opti(~ 1'.' pun:h:ase, t ttu.kr m;}~., :~~ Lendt~r'\ '.lpth1f1. dC....j~lfC ,'t~l lnl,;' \um'.J. 'i.~'(Hrcd hy thl!. Mortgage to be
<br />lmmcdlatet~. due and payahie_ tender "ha.t! h:1\'t' ''"' ,HH;,,-d 1<,..;!1 ~"rB,)n f;:" :..:,denuc d, prior tel the "';;lle or trandcf. i ~n-der
<br />.\00 ~ pcr"m [~) ",'hom the Propcny ;1\. hl ~ .s,('lfd {)f ti'.Hl$fltff\:d fca\:h ,t,gre:'t"m;;::m !~'~ '.....nung that the credit d :'iuch pef1i<\n
<br />1\ uti1factury to L~~}Jet And thai tM in1tr6~ r.:l):ah~('. ~m the 'l'-;iH\ s.-:cured hv !hi'l, \'!ortgagt' \haH he at ~uch rate :i\-~ I endrr
<br />ibaU ~t, HI ernKr has Wlil'''ed the {'f\,i.;~t1 f,) .<tc~elef;'h~ pn\vlde-1.1 !n lhi\ para~nlJ}h 17. and if Uorrower's "UCCC.)SI.1T in
<br />~ntereit hM: execu(~ a wr~-ucn ~tiumpnon as;n.."etw:'.nt "~"t'f'fcd ~f' ~~rHing by f ,cnOer. Lender \halt relea\e 8()rrowtf from aU
<br />oblltlahoo. undellhi. Mortgage and lhe 1<1<>1e,
<br />If Lendc-r t''-erc~ ~t.Kh t~ptt{)n t.;'1 a~cekfOite. Ll:lh:k-r "hall mail Borrower noti;.:.:,.' d .'.cl.'eleratIon m ac-cordancc with
<br />paragraph 14, hereof. Such fi(lt.f.t:t !>!l.aH f-H'U\"1-dc ::1 pen('.d vf f'i".Jt !e!, than 1;0 dz\\.. lrnm !he date the n,nlrt' i~ mailed within
<br />whft;;h &ant"....Vl may ray tl'\(; ,-um!> rleo,ebred th.."t'" It -Borr0\.\.-CC hrh. !('l r~)' ~~Kh ~"m~ fWinr fn ~he cxpiratl\1n ,it ....n;:h -penod.
<br />l.~ ma)'. "'I.bout hi1'thc-l m,'t~ 0r <.kmand nn tl<:HTO\i\-CL mvole (in\ femedfe... ~rnJ>tte-d hv parafrap-h iH hereof,
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<br />N~'O-\JN'f~W Cf(,,~.}rt"NT~ 3of!'t~~r ~tnu Lcmkr tunhcr ())\t'o;Hll ~Hld ;t~rec a\ toi)iklWS
<br />IlL .4cc....lOliolol.____ E....,... l'",.i0k4 In ~r""" t1 h......I. ,,_ 1Io....".r'. b.u.1I ..f ..." "..n...... Of
<br />..- M ............. ... .... ~. md........ tm- ",,,.......'" ." pay ..ken ~ any '''- ......"'d by Ihb MOl1ll....
<br />t.....,.,.. ~... mall _ In Borrow., a. "......d in .........pI> 14 h.~ .pcdfyiOC: iii 1m- ......10:
<br />f2)....... ~ 10._ __ ttreKlI: l3'a.... _ '-Ill...m d.,,, fm", Ih. date 1M nolit'... tnailed I.. 1Io....._r.
<br />by ....tlldo .. ...... _ ... ..... .... (41 tIuot ,...... 10 ...... ....It .....",,11 .... U, bet..", I.... d.... s......,",d in 'M _
<br />.., ............ "',... _ _...... by tkls MOflCIIIe. f......~ by Iudit'w P~'" .1hI sale '" 1M Prope",.
<br />"..... .... ..... itif_ .......... '" 0.. riPf tu ...-. alter .........._ ,,1hI the ....Itt 10 -.1 in I.... loroclotI....
<br />.............. .. _~ ... ....... or ""f ...... def.._ of Bor........ 10 .<<.."',1ItlItn aad f",oclooorotn. If rhe .......h
<br />to .......... _ .. ...,..., no. ... .,.,..... It:Illw _.... I....... at t._., O1'tion ....., tiff"'''' all o( tM ....... ......<fll by
<br />............. "'-I '''I, ..... ...... ....noWt "llhoel furt..... ....aad and .....y. r......m... h, 'nclit'lal ~i.... ,........
<br />................ ... ~ 101 _..,............. all ..._ ." f....n......... i............. ..... _ limIlH to. c_ ." c1.....~,
<br />................... .... tidl! .....
<br />1... ~ ___ to............. N'(~wi-dnt~.nd"~. t .cn.det';. ii:,:(dcfAh,}n cd lh(" "'nft-l:~ l.-ifl,'Uffd h\. lhh Mt"-rtg,l~(;.
<br />~:r u.K _~ t~ tiJht to\-) h-1.:tT 11ft)' pr~jl'lJ:ft ~.un -"y J Nlt1et ~J" \..nh'J>.h':~ thl'\. M"lH~;.J:f\" {'li'\,,,::~)nhfHKd Jl .Am' tll1W
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