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<br />84.- 002306
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<br />Lender's written agreement or applicable law. Borrower shall pay [he amount of all mongage insurance premiums in the
<br />manner provjded under paragraph 2 hereof
<br />Any amounts disbursed by Lender pursuant lU i.hii pilf.1graph 7. with intcre..;t thereon. shan become additional
<br />indeb~ednes" of Borrower ~C'l1Ted t'ty thi~ Mortgage. l.!nle"", Borrower and Lender a:~ree to other terms of payment, such
<br />amounts shan tte payable upon notice from Lender to Borrower requesting payment thereof. and shall ilear interest from the
<br />date of di~bur!loement at the rate payable from time to time on outstanding prlncipal under the Note unless payment of
<br />inte~t at such ratt.: would he contrary fo awhcable law. in which event such amounts shall bear interest at the highest rate
<br />permissible under applicable law. Nothing conta.ined in this paragraph 7 shall require Lender to incur any expense or tate
<br />any action hereunder,
<br />8. I~. Lender may make or cause to he made reasonahle entries upon and inspections of the Property. provided
<br />that tender shan give Borrower notice prIor to any stlch ins-peetlon specifying reasonable calise therefor related to (..ender's
<br />mterest in the Property.
<br />9. CGIMk II .'hll. The proceeds of an" award or claim for damages. direct or consequential. in connection-with 'my
<br />condemnation or other taking of the Property. or pan thereof. or f('r conveyance in lieu of condemnation. are hereby assitnect
<br />3nd shall be paid to Lender.
<br />Tn the event of a lotal takin~ of the Property. the proceeds shan he applied to the sums secured by this' Mort.....
<br />with thc c)(,c;ess. if any. paid to Horrower ! n the event oi a partial taking of the Property, unless BofTOwer and 'l.encIer
<br />[)fherwise agree in writing, there ~hall he applied to- the ..urns ~cHrcd by this Mortgage such proportion of the- "tQCeIICk;
<br />as i~ equal to that prop<tnlon which the amount of the sum.. secured by this Mortgage immediately prior to the -date-a
<br />laking hears. to the fair market value l,f the Prof'Cnv immediately prior I" the date of taking. with the balance of tblq)rac:eeck-
<br />[laid In Borrower.
<br />If the Propenv h: abandoned hv Borrower. or If. atter "Nice "V Lender- to Borrower that the condeamm'~cJtfen-!O'man-
<br />.10 award or settle a claim for damages, Borrower fails tf! respond to Lender within 30 days after the date sucb,'notic:e,-is
<br />maIled, Lender i<; authorized to Collt'Cl and apply the proceeds. at Lender's option. either to restoration or repair of' tile;
<br />Propenv flr 10 the !iiiums secured hv this Ml"'n~a~e
<br />l'n}ess Lender and BOfTDWer otherwue a~rec In writing. an\' '\uch application of proceeds to principal- shall: not extead.
<br />or postpone the due date of Ihe monthly installments referred to in rara~raphs I and 2 hereof or chanae the amounf.C)(
<br /><"uch IOstaltments.
<br />10. Borrower Not R..... E~tens.tnn of rhe time for payment or modification of amortization of the sums-MelJlell-.
<br />bv this Mortgage- granted bv I endt:r H' anY ~ucce!i.wr In inter~t {)f Borrower s.hall nO-t operate to release.- in any IllIInfttl"",
<br />the habllil'Y o-f the (\-riginal Borrower and Borrower", successor" In interest, Lender shall not be required to conuneoce:
<br />proceedin!!s against ~uch succes.sor ,1r refuse 10 e'{tend time fpr payment or otherwi~ modify amonization of the suma
<br /><;ecured by thi." Mortgaec by rew"," of any demand made hv the o-rl1tlOal Borrower and Borrower's suCcestlOfS in intereSt.
<br />I'. F~ by IA'tIdrr Not . Wlli,,~r. Ao\ forhcarance hv i ender in c'-crclsing any right or remedy hereunder. or
<br />,'therwl..e .afh\rded h... apphcabh..- law, ....hall BPt he 3 w;uvl"r i,t N preclude the exercise of any such right or- remedy-...
<br />me procurement ni insurance or the payment of ta,e>; llr {'ther hens pr char1!cs: hy I.ender shan not be a waiver of Lender'.'
<br />n~ht f(l acc~lcrate the mamnt" {1f the m'dchre-dne".... "~~ttn.'d lw tt\l~ Mongage-
<br />12. RnaetIia C..........~. All remedle-i. rrfn-ll,kd In !h!\ Mortg:a~e are di-stind and cumulative to any other right or
<br />It'mea\' under Ihl\ Mortgage or ath.rdcd tw !a\\ "If c-qu!!y <In;.! m~lv he t~\t'f'c'sl~d l'l'lOcurrenti;.:, independently or SUC<:CSIively~
<br />13, Su<.- ami "...... 10_: Join' ami So...,..1 liability: (' ap....... me covenanlS and .l!fcements herein
<br />u1t1famed shall hind. and the ri~ht.. he,...:uodcr 'ihall ll1urc In. the n.....pet...tIH. 'IllCC~SOrs and assigns of lender and Borrower.
<br />"Ubft::ct to the proviSIons ot paragraph j'7 here.....,t .\11 ':I.wcnant$ and agre-_crne:nts of Borrower shall be joint and several.
<br />fhe captions a.nd headmp:s of the f-l<ua~r...ph... t\r lhi, M(\rtgagc an.' for convenience only and are not to be used- to
<br />lnte-rp-rer or define the prOVIsions hcfe{'l!.
<br />14. Sotim. Except for any noU\:c reQUIred under applicable hi\\- to be ~.IVen in anolher manner, (a) any notice- ~
<br />llnffower pn.wnied for m thi.,. Mongage ..h~H he )lIven t,v n1alhn~ ~t.H:h nOnce ~)' certified mail addrCMed to BOJTOWeI' at
<br />lhe Property Addn-s.s 0, ;,11 'Hlt.~ {,ther addrc,l'o 4S 8nrro.....ct ma\' destgnatc by notice to lender as provided herein~ and
<br />tn! any notil..c to Lender sholi! he g!'.'en t'J\ I..'ertlfied mall. r~h1rn rec'Clpt rcqueMed. to Lender's address stated. herein or to
<br />..neh other addre.~ d'S Lender m~1\ de..t~natt': h 11('!fKC hI BnrrOWCf l!$ pnwuied hereIn. Any nOIKe provided for in this
<br />Mong-agc- shali be deemed to ha'Vit been gP.'Cfl w Bf\-fwwer or 1 endcr when given in the manner dmpa.ted -herein.
<br />15. t;niforwI M.......-: (;o"ef1l" I.JI_~ Se-,'erahility. 1'"h\-<' fl~rm (It' mortgage combines uniform covenants' for national
<br />t1~ and non-uniform co\<1:"nant'l; ".ith !imH~d V;HlatlOn... hv t\lft~h:tll.m HI .::onstHute a umform security instrument coverint
<br />real propenv TIll" Mort~age 'i.hall he ~\l-\-cmeti hv Ihe 1,\\>0" (,{ the ltlrl'i\hchon 111 which the Prtlpc-rty is located. In the
<br />'(vent that an,! rrnV1SI~lJl or dau~ ~~l Ihl'i Mr~ft~age Pf Int.. NOfe ;,'nnftiCls .....ith apphcable law. s.uch contliet shall nor affect
<br />{llher rH.....I~ions of thl'S- M()ng~c <'i ,he ~{\-h: whll:h ...;\1" ot': glven e-ftect wilhollt lhe contlicting provi\liion. and to this
<br />end the provlsi,")ns llt lhe M()rlg~ and th.r ....."\te art" ,i-eclarcd h' he \everable
<br />16. BotYow~"'5 (~op)'. Bcrrow(,f ....h,~1I hf.' hlnH...heu .1 "T"fl[(~mle-d copy of the Note and of this Mortgage at the ti-me
<br />,)1 e,.;,ccuHOfl Oi .:tl1er r(;..,'ord-ati-ol'1 heft'i.'If
<br />'7. TraMhr of tk PI"OpIIty: ..\..""'Wlptioft. I tall (1[ anv f'~ift (It the Pf{l-pertv or an mterest therein is sold or transferred
<br />by 8on{'WCr ",.,thout 1 t'oder\ prU,\f wnHen l..-pf\wnl, e\cludm~ 1~'1 tt\c creation (If a lien Qf encumbrance subordinate to
<br />this. Ml~rtgag(", {~, the dC'atlon ~\f .-l l'un.~h.-l-..c flwnc\' 't:'\.unt\' 101crc'Sf for household appliances. (c) a lrander by devise..
<br />de~l.:enl or ~y opnaHoo lit lay, upon !he death (\j ,! 1,-'lfH tCrllHH \.lr hll !he ~fant (\f any leasehold inlerest of three years or less
<br />n(\( l.:onta.uung an l'puon h.~ ptlf\,'hase. ( t'nde-r ma\', ,II I cndCf ... \lpHon. declar~ ~lJ !he !'oum! secured by this Mortgage to be
<br />'mmeJiiitely due and payable. r cndt~r ,h~lll h.al-C ,""cllH~'d ..th.'h Pptll.Jn hi a.c_u=kr<ltc if. prior to the ..ale or transfer, Lender
<br />.'AmI. tM person h' ,,,horn the Proper!)- I'" fl.' he ...ulJ \.)r I ran~lcrrCli rea(-h <Igreemenl In INTllmg that the credit of s.uch person
<br />:-;, sausJactory 10 Lender ilnd Ih~lt the Ulteft""lc\ p~~J.ble un Ow ,,>\ln1" ~cl..'ure-d fl\ lhl'> Mortgage shall be al such rate 3$ Lender
<br />'i.hall reqUC$l. If I ender has \o\"t1vai thc ('ptll'lfl h~ ;ii.:ctd"r.tt..:- pnw,dc-o in lhi'> paragraph 17, and if So-rrower's successor in
<br />,merest ha.\ eu:cuted a wrnten ;'tSl!-Umptlon agfe1:me-n1 dl.:;..'erlCd in \...rillng h,,' l.t.'olh:r. J coder ..hall release Borrower from aU
<br />\\bhgabOfi-s under thJi Mortgage and the Note
<br />If Lender -t\en':IS("r.,. ~Ilch nptlt\fl hl a-.;....e(ef .:ilt.' I.:: qdcr ,,1"J-!!I rn~lll g..rrower t'WllCC' "t 3t.:\..'cieraIH1n In accordance with
<br />raragra.ph 14- hereof '\vch notu:e ..hall rnnak .) ~n.lJ ,01 r;.'~ k.;., lh-an ~o till\''' fri'm the date the 11{\tke i.. mailed within
<br />v.hteh Borf'l.,,,.,er may p,,' the ...um., ded;ln:-d Jue 11 Bnrf\\'o'\t'r !,;,I.. '.' Nt" "-!l..h q~m'i prl{'f!Cl th\': C'\piratlon lIt ....ul.:h penod.
<br />t t:n<<r ma~. wlthdut funner m~th:e (~r ,krnand ,\1\ k~-'rn","\t:r "\I''''C '-In\- r('m~~dle~ ~fmltled t>v paragraph IX hereof.
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<br />~ON.UNn--oIitM C(WFN.~' r.. ijOrfower ;;nJ I entlef !Uf!h~'f \'p"..'n,!!l! .lfid .tgre..:: it... tlllk\w~
<br />18. Ac~ Ilelllf'die:t.. t:s:cept _ pro.-.... in panel.ph '7 bereof. upoII Bonower's bRae" of any ,,'o,.-e_t Of
<br />....... of 1Iar,0.., Nt this 'lo....lII<<~ ioel...... 1iM' (.tn ~fta..b 10 ,.~' ~hftt due- .ft~ !!JUIM ~(:UR4 by thil Mo......-e.
<br />,........... to ~ ..... mail nol-':'C' 1-0 Bon()w~' .." pHHHk4 in pan.rap&. 14 here.,c r.1W~if)'ina; (I) the mach;
<br />(1) tilt........... 10 C.R wch tweait; (J) Ii dale~ nol ~ Ih... Jet cIa)tl from .he date thr IIOIM:C' i.~ ntaiIed 10 Bc.rrowe-r.
<br />by wIHda MIdt .... .... .. ('YR. .. (4) dlat: htilurlr to l'"r~ "ucb bR'.'b OP Of .fort" the date ~i:IWd i. the notice
<br />_ ...... ......_ of ,.... ..._ _..rflI by .1Wi~1.._. 1...".-1........ by j..dicial _"""'intt _ ""'" of .h" .."""",,
<br />l'1w ...... ... ....... iIIf___ 1Ionuwt:, ....- 1M 'icht 10 n:i....r ilf1C'1 al.':"........... !lnd dw ",-ht 1(1 ...".rt ill the fo~kMu..e
<br />............ .. .......,....... of . .,.... Of ao) of.. (w.c.... uf BfttTuw~, to Kcclt'nttio. and foredo,".t-e-. If tM bnjK'h
<br />.. _~..... _ fHI _ ........" "".lIiM In ."" .....lce, 1.,_, .. 1.._', option 1Ila.. M<'.... all of ."" ..._ --.... by
<br />,"'" ~....... ~y .... _ pay...... ..it_, I",.""., ....__ .mI 1Ila., 1..""..1<_ by l...."'ial _........, 1._.
<br />........ ...... 10 cuIed ill ..cil ~ ... "..~ of fn"doo.,",~. ..'H..,........ bur fttlt Umkflt to. cosh uf docunwnhf)
<br />~. _.......1ilIe ........
<br />t.. ...........,. It.... to .e......... .....'Q:wdhll--t-6ndI!'i2 Il'odel-'" .h.'..i:ferafh>n ,.1 !!~1,: ..qf'n" \.{,Pln'--ci \'1.. lhl' M'.'f11\!:;\},t(.
<br />~')ft'Q"ltlj~l1i.n..U QYl'i t~ fl,ht i-(~ ha\-"e ..fl.'\: p""l-4.-~mg," ~,!(:~Ufl h\ t cntkf (d c;flhnu: Ini" M'-lrlJ,)'..t#C dh;.\mWHleJ ..II ,un- '!!;lK
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