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<br />83--004046 <br /> <br />Lender's wrillen agreement or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the <br />mannt'r provided under paragraph 2 hereof. <br />Any amounts disbursed by Lender pllrsu8nt 10 this paragraph 7. with interest thereon, shall become additional <br />indebfedues.s of Borrower secured by Ibis Mortgage, Unless Borrower and Lender agree 10 olber lelTlls of paymenl, such <br />amotlnlS snail be payable up<iI1 notke from Lender to Borrower requesting payment thereof. and shall bear interest from the <br />date of disblltsetm!ot al the rate payable from lime to time ('R outstanding principal under the Note unless payment of <br />intemi af_brate would be contrary to applicable law. in which event such amounts shall bear interest at the highest rate <br />pen'iliS$ible: under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take <br />any I\<:tKm berel.Jtldu. <br />lL f~fkIlt. Lender may make or cause to he made reasonahle entries upon and inspecti<,u. of the Property. provided <br />lha!t~;:hall give 8o""""",r notice prior to any such inspeclloP specifying re...'oahle C.lIW therefor related to Lender's <br />interest in the Property, <br />9~ C~~ The pr.oc<<m of any award or da~m for Jama~es, direct e.r ('(\ns.equen1iaJ. in conne-etion with any <br />condemuatiort or other takinll of the Property. or "art thereof. or fM conveYance in lieu of condemnation. are herehy assigned <br />and .hIlllhepaid 10 [Ander, <br />In lhe evenl <>t a InIal lakinll "f lhe Propertv, the proceeds shall he applied 10 the s"m~ '<<!C"red hy this Mortgage, <br />with lhe ex=. if any, paid 10 8orro""" In the evenl ,'I 3 partial takio~ or the Pn'perrv. lInl= Borrower and l.ender <br />OI.herwi"", "!fee in writing. lhere ,hIlll be applied to the sums <cclIred hv this Mongage ",ch proportion 01 Ihe proceed. <br />as i~ equal 10 that l'ropl>rtlnn v.1\k:n the amount <1f the "'ms sC('ured hv this Mortg"ge immedialel\' prior It, fhe date of <br />taking hean 10 ,Ire fair llUIJic"l Val"" of ,he Property im,,~diatel\" I'"'" !(, the d;He "I f.klng, with the h.lance 01 the proceeds <br />paid tn 1Jorrowu. <br />If tile Property i. ahllndoned iw BNrower. "r ,f. after nntice Iw Lcnder '" Bormwer fhal the condemnor olfers to make <br />an award or 'SettJe 3 claiM tor datnag.es.. BOJ1"r\-wer fails Jl'l rC':'Opclfld in t endcf within iO davs after the dare such notit.-e is <br />mailed, Lender is 31tthorh,ed I" colltcl and apply the rr"~"."j.. :>1 lender'~ opti,," , eilher fo re<toration or repair ot tile <br />Propen)' <>r to the 'urns "",..red ,,,' lhi< Mortgall< <br />Unleu. Lender and Borrower othe!Wt-\e' agree in ~-nrtn~, 30',' ~uch anrtii(.;u!('O (1-f rrocttd~ to rrindp:d shall not e1O:rend <br />-Of' -poltp(lM the due date nf fhe nm-nthly In-g:t~lHfnC'nt\ rderrcd 1.' -"I p':H'a~rarh, I and :2 hereof pr change the amonnt of <br /><lICit fIlltallment. <br />Ie. ~ Net R~ E:\ten$i(Jn t-:,>f fhe Hm~ tdf f'<:nmcn! pt mooificauoo \-..f amortization of the !iium~ secured <br />by t-h~ Mcngap grant.ed bv Lendt:f to 1mv ~"K~ce~~:~r [!1 Infeft'''' i;.',j' B.('"rr()~'Cf ,h,;tH n{..t nperatc to ~~ase> in any manner. <br />the hahifuy fit' the tlriginal Borrower ;:000 Barn1wN'~ ~IK~e,..-..:)n In ~mcrc."! lender ....haU rw.t ~ n~quirt'd :0 l'ommen~e <br />pflX.-udinp .l'tpmst ~ucl1 tUc.c:tS1.or pr r-efu~ fn C'(tt:fH.1 tmlc t,"f pi!\--mt"m <'l' l)theT\loof~ modifv :um'lrtfzaiinn of the sums <br />"--eC"u:rw hy- thn Mp"~ hy rea~m (''If ';:U1.r deman.d rnade by thf.' tHi~HH\f f,,()-U''t''WCf :It}d 8nrr.:nll,'er's "n-ccess,t'lrs lit in1erest. <br />11.. ..-.......aat...,. l...ettder.Not a Waivt'r. Anv fl)f"he-afilm:c f.\ lender m e-'t'r'CT';un~ iU1\' rt~ht pr r-cmedv hereunder. or <br />i.1t~ affcrdcd Py 3ppheabk- bw_ ,naB not he ~! warv(."r .~l 'i1r rn~';,;:h;Hje lh~ e\efCl'!>~ ,-,f <iii'. <;;tJch right pr remedy <br />Tlu: pt'OCuremcnf. t"iot huuraoce 'Or the raVnl:e'f1t {)f !.He.., Ilf ,~thcr- hen~ p, I",harll~' t..v 1 enon '\hall not he .J \'~HVef of Lender., <br />r'iJhf tt.-" .~h:rnt~ the maturity (tf thr' mdeftf-e.dm-...,. ...,:,."\.:ur(d h'\" ~h.., \tnn~a~ <br />It. ~ {~'" An ~m('d.~e'\ pnl->qtkd H1 1tH'> \-f\)rtS;j~e ",rr ,h'l;utll.:'t and (Unlnlatt\'(': I,,) any \'lht'T nght 0r <br />ret~dy under tnill M-(.t('.a~ Of ~ffftrt;kd ~'V I~Yt of f"quHY .mJ m;:, h: t'\~t!c..l"'\;~'d ",-n:h.:urfcn,iv. Hllkpc-odentJy or sU:..~\.>e'\iNi\-'eh' <br />13. ~ aed A..... ......Ild; 10ml ...... s...~r.ol I n.billly; C........ 11"1< 0"<:>3"1, ,.xI "grt'Cmenl' herein <br />cont~ ~h^n bind. and ~he rieht., ~tH\dcr \.haH lnull" t,) fh~ t'\'''pcdn.'e "'H-C~r:""~'f... dfH1 a'\-...'-gn~ ~Jj' t e-nder iU1d Horft)wer. <br />~ubloct I()- t~ ptov~'"J (~f p.gtA81aph Ii' hen:v! ;\g ;.nVeliM\h .Jq,l a~f{"t."m("nh pf fk~tr(l\\'Cl" shaJ! he- j~"'l-UH and "c""'craL <br />1m ~-llfttiolU- .and ~:itdinp Of trne pafjl.gtitf'th'\o d' th~ -"lnn~-.ittt i~r(,'" fl>! t "n"'\"-'O"l"Cfke imh.- ~md .He not (,) he- tt~d to <br />lru-eq,ret (n' de6nt$ ~ PfoV'ls.iun~ ~.,.e()t <br />14... Notte.. Ex\.-ert f<~f any f~~f.:C n~'qHHf'ii ~!rHkr '~Pi'h,,--ahk tJ\1, 1,- f1e lo't'H"n ,n ~fwth-er f!htn{l("r, ell any fl(\liee to <br />8onowei' pt(t-\f~ tQf H1 th~ MOft,~ "hail he ~n,'ef\ hv 'n>*dH'i.& -;,u..:h n~)H(;\: h~ ,-;;:"!'btkd In.HI ,'tdJ(e~"t"d In B.,Jn('I\H:r &t <br />the Pfi~rty ,;\ddfeM, i~f ~f 'it}{h fl{her ,"t-\.Wn:"",,,, i\'1 B-{trrV\;l.\'f f~l~"\ d.'~-'H~fhth.~ hv '1{tltt.'t' hl I ('Thier ~t.:';; prov,ded he~io. and <br />tbt l3n~i fiotk;-(' h,~ Lcndt.rt ~h#U ~ g~O;~~!\ b",- !;.'erHtk-d m~HI t;:hn-n n:~f;"lr"~ {f.'i.luc"l....~l h1 f ~rhJ.ct\ ..ddres:i s.I:.ued hercJn or to <br />"uc.h ('~hel add.reM u l,ltnc:kr ma; d~tJ-;UHC ~'\: !hi-lkC f.> fh~ff"N.cr 3~ r-r\.~~'ltk-d hff(:-fH "1)) IW1K-C pnw,U'eJ (('If in thf~ <br />M<Jf'tg* ~ti~. ~ in h3:\'C h<<:-.t1 gJ..'t..~,f\ tn fk~(:t.~-.-.-!Z~ t~f i ;;"ft.;kt ,",h~ti ~;'i~!l If'; JtM: manneT de,i~nd.[c.u hcrein. <br />15-. l}aK-... ~~ (";0..."... t.a*; ,M-"~' i h,... f>~ITti -d n-f.}r1.~agc u'mhtnl'"S IH'Hforn\ ..:"venanb fOf oati\tnal <br />~~ anJ 1'kJt1..~.\.tn-dQftn Ci;.We-fijjUh wt~h ttmli~1.~ \';:ln4lE.~~ h... ~;H,.....<.b,.-~k'!i {...-, ,,',-,n.-ihhHt" d i-I'l.tl~IiT' ~~.l.It'1t! ift:lilfUfitCut ..'i)VCftilS <br />re:oI\l ptope-t1~ Th" M<ut8~' ]t.r~l1 he: g.U\'cr-H-cd r..... :~ i...~ pt tht,< !>1n.....:tH_.t!l.n whid1 lne Property i" hx.tlcd. In the <br />(.vent tb~lltny rhw'iilQrt (tf daulj,(' Ht thi'\l, Mt.'lrt,~.S:t: ~-,j" iht: :--"Ph;;: "ddh,,'f\ .\ lih .Af"ph~ah-Ie: f..."l:\l';., '!,u..::h l.:ont1Kt ,h;;tll not ;~fft'{:t <br />("!Jtbcf !)f"\:"\.i~-m~ of fMn, ~h.ltig,.B-{' d' tilt; '\;n{~ ~htl".h ,-.in ~ p"t::~ (tr't~\..t .~ Hh"ltH {ttc \..'t..nfh{'.tmg pru-. i"i.nn. a.nd h"! this <br />end fbe pn.wtUt.'ft'Nlo ~},,- the M(lfl.S~~ ..n11 tile '~I;t(" .Ht: d(~d~f';;-.j h' he ,,<"'o'cli!h1c <br />1'" hno....*s Cop)'.. Bofn)il,-("f \.h.a.H b-c fUrftl",he..J -4 ..onl\\tfiH,-:d .:\\.p,\- .:'If {he '~ltl~ ;Hh.l nf rht~ ~Jon~age ,;H the time- <br />\)f eti4"Cut'on (~r alter n;o,..:.-l;udafIDn he--fC-1.lL <br />1'. Tl'aNif...- 01 1M Propaty: A.~io& If a.il .'1 aHI. f'",n ~11 lhe: Prq'fk:rt\ .U Ml lfl:lc-rc-st th(rcm 1>'; \old ,or tr-an\-fened <br />by 8on:,,'l-w'(T wltR\mt l.endc.r'~ pnOt "-.nfkn ..'i'ih"'~IlL c\duding LH ilk- ... n;-atls1H ~!: J t!("ft ;'!'f -c.ncumbraui.c ..u~m;.hn.{ltc to <br />tht$ M.i)ftl..ate. (b,i the \:tealu.1t, .~f ~~ pi,..h;.h4~ llh.\if-C"}. 'i.\.'",-Wd\' ,nh.:n::\.t f:)r hHti;M~tH.JIJ apphalllo.-CS. 1':.1 .j tnUl,)f-Cf by devi$e, <br />d~.;:ent Of b)' I.Ypcr:;lhWl of law up...,n t~ -deaih ,<"i 4t. 1\"1Hl' kn.vu ~'r tdl the ittf...nt ~,f dn} ie-<.1.sc,ho!d intt:::rc$-t (;1~ thrc-e j't:ar~ or le-!..~ <br />not -containing an t..1ptU,Xl h.) pur-~h..3(, t.en..dtr tH4;. ;H I.cnds:t'... ~~ptH,,)'n-. ~dan: ilH the 'i.um., ioc..:mc\! by thrs. .\1u-rtgage to be <br />jI:'1WledH,i~ty due. ~nd paJllbk< I.,-~-rnk~,' ~\-h~l hJi,.., "..u;.-'C'~ ."'-ti, h oprh.m 1\. :fl{,-.\.....knHe ;L rriiir i~) the ...~tie or transfer. l.ender <br />and tM- per\l1t\. t:o whom. lbe Prupctty i-~ fl..:.. h-e s,u,i;J or h.u.b.!t'H~d f'\:ad~ J;gti:"-cm~rll in \A r-ding th-at ~he 'i,;n~du pf s.u.,;.h pcr'lton <br />is J.,a~1h;to'}' t\\ tcnUcr and lh3! t~ int("fe~f p;t}~h.k ...~ the ..uHh x~ur~d t~y th~.s Mortg.~c ~hgU tx- ill su~:h rai.e ,H. Lendu <br />lhitU roqUCSJ., If t~nde.r hal "'ai~'ed the (,'-p.ti-tm to ,j....~'ekrdI" ~'i"\'HjC'-d m !hi, raragfdph 17, and ,f Borrnw~f's StH.ce:).~or JO <br />tn~ hAs e~:uk'd Ii, wnlt.ctl au.un\ption agr~"(:mtfit a-':-t:c-pu:d ll1 "' ritHlg OJ' r enJ.ef. '.ender ,halt release Bonnwer 1 ron"i aU <br />,tblIaatiotls under 11m M~ ..nd tho: NQl", <br />tf Le-n4cr eA~...n;~ such {'ptt(m fo a>C-"e~d;t\~. tcn-Jcs' \haH fl\.,jii ik1uower nt,.-~tl\:'t: of a.;.:..:t:\cnHion in J,(('(,1ru;uwc with <br />pat'~ 14 ~~f. Such n(n~'C, .s.h3H pfOV~dc 4 pe,fKl\i (;{ n-\.\i l~~ than JO cia}'" fl'1,:;'flj the, diltt the nn-llee is ma,iled withm <br />wl\kh Jk.tin~et fila)' pa~- t-htl $Wn." d<<hued due It' IkUn.:l*t>t Lid'i, fp pay "i-uo;:h -.;um,\i, prK-jf h"! tn-c- .;\ptrdb,.n ~)f 'I;~Kh pl;;'t'l\,ld. <br />~ ma)'~ \\'~thout further not<<:t" \~ demand: t.'>-il Iknf("f~<Cf. ;rn,-k>lc a>1~ n.--rncd.ies, perm.th:J h.j para.gtaph l~ h-cr~-Qf <br /> <br />:N4.~,...llNtFQM-M CO-Vf:NA.""ls. -Butr(Wr~f and Leuckr fiJtd\CI \.'u..1..'n~*,1t ..tnJ ~gfC't; J.' tuH(1w~ <br /> <br />t" ~l~ bUJII'" pro.iGM ia pattlC!1IfPh 11 ftt!fwf. UJ1<U' ....n....u'. hna"b"r &Oy ",..'tMltlor <br />~.,"~ia."~,.iftdlolIiRtl.I" '''''tea!>!s t<, I"l~ ;OMit dw...., .u...., ..,,;urtd by Ihltl ;I;lurta., <br />~.~ ~~"'ltIllIII~ 10 Itcmowtr... pro.ickll ill ......t1Iph 14 hllrwf "I'<<lfyl"ll: (1) 1M bre~ll; <br />f~~~d!!lt~.lOfttOlilIdlltuch; (3)a dale, _!nil thl\ll3tl day. frum !be! dat. the tl..tI,~ '" -.u.d 10 .........wllf. <br />_~_ ~ ~_t" uti (4~ .... ~ 10 ,'utt sucll m<lll<ta .... "" btl'llr" 1M date .dl.le<l ill Ih<l _Ic. <br />lIli!!l~iIt,~.ltll"'. ....... *~ '-" .... Mor....." f...m...lIr<l by jwlklal pro.-..dillll aM ....., of lh<ll'...,..rty. <br />~~~_ ,. ..... ~... of !be! ..... tu reU-tak 11m ac:~ and 11M ...Ill I... _ III 11M fond......"" <br />.... ....... II of.~. Qt I\Il) ~ <krf_ ofa"rrcl..... to acet:wratlcu! lICId t"rmo.all>. If IIw breac:h <br />-l\i!'., .........llltlllltt.d1i<<4 lit .~lIOfkc, I.c:JMhot a11"'1ldfl'. ciflliotl mil) *...... "U of lhe _ ..,(~ hy <br />.. ~~l~"-':_ .~..ltllolll '........_tuI..... .Wll.'-'-' It). jlldkW p.....~, t~et <br />, ....JJIO<:t...llIIu~ of r~. I~, b... _ ~ ..... .~. ",t doc:um.-, <br />'.~ <br />..~. NQI...!tIlU"rnlu11 t.......,r" ....ek..aIKlff ,,f the ,,"'.. <<,.",.d by th" M'''lg~g'', <br />'-~fl\(. k. ~il'"V MYP"""~~ 1"'$'"'' h., I...~; HJ ~"IN'''e tll" M"'(\llalle "~on,,"\!"d .t ""., wne <br /> <br /> <br />f''l''~ <br />