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<br />84,-.,' 002298
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<br />Lcnd.::r\, '^'rtU..;.n ag~men( or .lpplic.'.lble law, Horrower shall pay the amount of all mnrtgal'C insurance premiums in the
<br />manner provided urukr "araaraph 2 hereof.
<br />,o\ny amolln,. di.bursed by Lender pursuan. '0 this paraaraph 7, wilh inleml Ihereon, shall become addiliona'
<br />indeb,ednc.. or BoTro",.r secured by ,his Mortg.ae, Unl.... Borrower and lender a.- 10 other ,_ of pay_. ....
<br />amounts sh.lI he pavablc llpon notice rrom lender to Bormwer reque<tin. paymenllhereof, and .hall bear in_ fftllit'the
<br />dale of disbursemenl al ,he rate payable from time to time on ouutaftdinl!' principal under lhe Note UIIlI!ss ~I 'of
<br />Interest al.uch rale would be contrary to .pplicable law. in which evenl.ueh _ shall bear1"- altlilt.~......:
<br />penni.lible undcr applicable law. NOlhing conlained in ~hi. para.raph 7 shall require lender 10 incur'a",~~'''',
<br />any action hereunder, . ." .
<br />.. ~ Lender may make or c.u"" 10 be made reasonable entries upon andinspeicliclM of'tM.~.lI(__"
<br />,hal Lender .ha" Ii'" Borrower nOlice prior to any such inspection specifyi", reasonable cllU!elherefOr nIllilild.ttjlA",
<br />intere~ j n the Propeny. " '
<br />9. C.a'lI.llI.nalka. The proceeds of any award or claim for darn-ItS. direct or co~uentiat~ in':con~"~;;-.nr'
<br />c'ondemualion or o<<her takinl!' of the Property. or part Ihereof, or for conveyance in lieu of e~ion.a""lle~~,
<br />,"J shall be paid 10 I.ender. ..' ...:""'..
<br />In the evenl. of a 'otal taking or ,he Property. Ihe proceeds sh.1l he .pplied 10 lhe .u_oecured '''''II\iS''M~
<br />with the e'\:ce~s_ If any. p:ud to Borr{lwer. In the event of 3. pa.rtia' takin! <..If the -Property. lInteis ,1'-70, .
<br />",herwise .gree in .....iting, there <hall he applied to ,he <urns "",,,red by this Monpae sudfpropol1iiln'
<br />as l~ equ<l1 to that pr.opol1Mn which the amount ofrhe !ium~ ~lfred by this MonpF i~~--~:,~cJ..-
<br />.aking be.~r< to the fa" m.rket value of .he Propertv Immedialely prior to lhe dare of takinl' withihe ht_,of!
<br />paid to Bonower,
<br />If the Property is abandoned by Borrower. or If. afler notice by lender 10 Borrower Ihat the ~I:
<br />an award or <ellte a c1.,m for damages, Borrower faits to respond to lender within 30 days .rm 'he-da.'
<br />m.iled. Lender is aUlhorized '0 collect and apply the proceed.. 31 Lender's option, either '0 .-.ion. or
<br />Pro-peny or to the s.um~ secured hv thiJ MortPIe
<br />Unles.. Lcnder and Borrower otherwtSC .gree in wri'ing, any <uch application of proceeds 10 pritldpal,IhIlIt.....,:.~:;;
<br />'" """pone the due <late of ,be monlhly lRslallmenlS ,eferred 10 in paragraphs 1 and 2 hereof or challtJ,'-........'~,..
<br />..uch in5'aHmenu.
<br />'0. ~ Not Rett.ed. E:\tension of the lime for payment or modification of amortization of the-'sutM--IICUIIII:
<br />by thiS MO-ngage granted by lender to a.ny c;ucc:essor in interest of Borrower shan not operate to releae~ in .,_ ~
<br />the liability of (he origmal 8orro..-er and Borrowlfr'.; successors In interest. Lender shan not he required to ~'-
<br />proceedings against ~uc-h ~uccessor (lr refuse to exrend ttme for payment or otherwise modify amortization of- the-"....'
<br />~ur{"d by this \fonp.gc hy reason or ,In} demand made by Ihe ori-gmaJ Borrower and Borrower~s Slu:ceaors in ........
<br />11. F""'"'-e hy I.e.... NO!. Walnr, o\nv rorbe.r.nce by Lender in c..en:ising .ny ri,lll or retMdy bereundIr.or
<br />{'"llherwlse :Itf('lrded hy applicable law_ 'lhail !lot he ;] w.ilIi't'er of or preclude the exercise of any such riaIrt W._-~
<br />The procurement of insurance or the pavmen! of I::;'~ or other hens or charges by Lender shall not be a waiver- of t.endet'1
<br />right to acceicrate the maturi~' ~-,f the mde"'tedn~s ~curct.i bv Ihi~ Mon,qe.
<br />11. ...... CUt"""". .1,,11 remedies pr(l'\l!dcd In thl" Mortgage are distinct ar.1 cumulative to any other rilM or
<br />remedy under this M('Irtgagc or afforded hv law nr ('q:Ulfy .md may he e-\erclsed concurrently. independently or succeslivelyw
<br />13, s.u- _ .~..... Bo.IIII, leissl ..... Se..ra1 l.iaIIIIJIy: C........ The covenanu and .,reemets henIin
<br />conclUneJ (,hall hind, dnd Ihe rights hereunder ..hall !nure' to. the i'eospecllve successors and assigns of lender and 1Iorroww.
<br />'MAbject ro the Pfovistons l..)( paragraph n hereOf All covenants and a,reements of Borrower shalt be jOtnl aod: sewraI;.
<br />The caprlOns and headings or the p-aragraph, of tht-li ~ortgale a.re f(1r convenience o-nly and are not to he- uted- to
<br />Interpret or detine the p-ro\'~ion~ he-reof
<br />14. 'SaIice. Except for any notlCt reqUIred under ~ppiicabt~ law to be- given in another manner. (a) aftY lIOticas.to
<br />Borrower prOVided for In ihis Mongage ...hall l'lC' given hy mailing \uch notice by ccnjfied mail addressed to 8cwrower- at
<br />the Propeny AddteS$ (If 3t '.Hlch o-tMr addrc-s, as 8orro-.'cr may desIgnate by notice to Lender as provided herein4 _._
<br />fbl an'\' notlCC ~G lender snail he gl\.-en ~y ~ertlfieO mall. rewm recelflt requested. to Lender'~ address stated- hereirt or to
<br />'iuch other addrns as Lende-r ma) desjgnate j)\> m"ti..:-c !(l Borrower as prOVIded he-re-in, Any notkc provided for in this
<br />MortgiIJe t.hail be ~ to h3H~ been glvren fO Borrower or I ..:onder when gl'ven in the manner daipated herein.,
<br />IS. U...... 1\1........: Go........ La.: Se..raWllly, Thl> fo,m of mortgage combi.... uniform covenants for national
<br />use and non-unifonn covenants \\ith limlh:d ",tn-aCtons by lunrolCrJOn to constiwte a uniform s<<urity instrument c:0YerinI-
<br />real propeny_ This Mortgage "hall be governed hv the law {If the Jurisdiction in which the Property is loeateIL Tn the
<br />cvan thaI any provis-ton or dau'lC ,)-1 rht<" Mortgage r-r rhe ~('>te .;:onrHct'i. wilh applicabie law. such conftict shall not atrtct
<br />other prOVIStoM of thIS Mon.,Age o-r lhe ~Ne ",'hlch can be gJven etfec( wllhollt the conftictinl provision. aDd to thil
<br />end lhe pro\lislon5 of the Mortgage dnti the '\i.t'le arc declared h) he ~everabl~,
<br />.6. ..........5 Copy. Borrowa shaH be fUfm~.hed a ..:ontormed copy of the Note and of thiS Mon... at the time
<br />of execution or after ru;ordation hereof.
<br />1'7. Y.........,...........,; ".......... i' all '>r any part of .he Property or an inlercsllherein is .oId or transferred
<br />by Borrower without: Lender's pnor written ....ootent. (',eluding 1 al the aealion of il lien or encumbrance subordinate to
<br />tbts Mona.... (b-l the ere.lIon ()f a purchase money 'i.eCUrif" interest for household appliances. (c) a transfer by devile.
<br />descent or by operation of !a-. upon lhe death ~}f a )Oml tenant or hI... ~ 1 1 L u' 1 I ~.L II U TIT 1111_
<br />. '1 ~' 1 lender may. at Lender", option, declare ail the sums secured by this Mona.. to be
<br />Immediately due and payable. lender shall ha'o'e >loal'w'ed 'iou..:h opuon to accelerate if. prior to the sale or traMIer. Lender
<br />and the penon to whom the Property is to ~ sold or tran.st'erred reach agreement in writi-nl that (he credit of such penon
<br />fS sarisfactory 10 Lender and Ihal lhe intere'3-c payable on t~ ~ums secured toty this Mongaae shall be at -such rate as Lender
<br />!ban request. If Lender has wal~ tn~ [>~~o-n If' :t,-'.:e!er;,ue pfC\'ldc-d on this para.g(l;iph i7, anu ii Borrower's slKcessor in
<br />Interest hu Co~C(;uted a wntten assumpuon agreement accepted in "'riling by Lender. Lender shall release Borrower from all
<br />oWiplions under Ihi. Mortga...nd the NOle.
<br />If lender exucises such option to accelerare, LcnJ('r "hill! mad Borrower notlc~ of accelerarion in accordance with
<br />pah.raph 14 hereof. ~h no(u:-e ~haU pro\o'tde J pcnod t)-f no! leSs. than }O d3~"'" from the date the notice is mailed wirhin
<br />whICh Borrower may pay the ",urns declared due It 8orrov.er fails to pay wch ':'llm1i prior to the e:\pirauon of 'i-uch pertod.
<br />Lender may. Without further notu:-e or demand on Borro,""cr. in\iOh.t an) remedies permmeJ by paralTaph 18 hereof.
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<br />NoJIlt..-VJ'riiU'oaw COVENAfHS. Borrower and Lender further ":O\ienant and a!iZrlee as follows:
<br />I&. ~ --...... Ell.,."'. ---.. Iso ~ ,7 ........,. _ .......ee'. ....... n' ..y c....... ...
<br />...- ., ......... ;" ... M....... _I..... ,... ......_ 10 pay w.... d_ ..y .._ _""'" by ," i\hItpee.
<br />...... ... .. ..nl...... ... .... ..... '0 ........ . ,...._ I. ,........ I. ....... SflIdIr.., I1l ,''' ........,
<br />(i)................ ._.... ......111: Il) a -. _ ... ,.... JO day. ,_ ,,,, ..... .... _10:. io ........ ,. ___...
<br />.., ..... .... IIInaeII _ ... cwMI .... ,.)1.... ,..... ,. c... _.. ........ DO or lsof_ .... daIr _11M I. IIIe ......
<br />... ...... ;" ..~.......... "'ite _ _""'" "y 'Il1o ~. ,--.... by jtolIIo:iaI ..-....... .... .. of ,Ite ......."
<br />11Ilo ...... .... ,.... 101_ ....... .. .... riI'" ,. ......... alter ""........... .... I'" riIIM I. _ ;" lite ,........
<br />.......... ... ___ -... a dofllllll ... ..y _ do'- of ......... I. __ .... ,_......... If ,''' ......
<br />.. _ cwwoI_ ... ..... .... .... ___ Iso ,Ite _10:.. 1,0'" at ........ ....... _y doda... all of ,''' _ -""'" hy
<br />.... ~ .. lie ~y .... _ ..,... .llIIooot f_.... *- .... _y f__ by jtMIkiIoI _...... 1,0...
<br />... lie ....... .. <OIIId la.." ............. all n.._ of ,_........, I""...... hot _ 11_ '0. e_ of doe_ary
<br />........... ........ .... tIIlo ........
<br />.t.. ................ 10 ........ ~N..iln!ildfHhn. I ,~rHicf-_~ ,h"...C'IC'tahOn ~!t :h-e \\lm" ...e~\Jrt"d bv Ih1:~ \1~'rIlJa~e
<br />8orrQ'*f"". wi! ftl-V-C the rith! 1\:, haYe ;In)' pr.x('t:'dmg-~ belon t'l\ lo:nde-r Il' e'nton:-e !lw. \h"rti<aj'C ~lL'.;ontHlucd ..It any 11mI.'
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