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<br />Ll!od~r\ wnth.:n agreement or applica.ble law. Borrower ~hall pay the amount of all mortgage insurance premiums in the
<br />manner pnwidcJ under parngraph 2 hereof.
<br />Any amOll!\ts dishursed by Lender pursuant fO this paragraph 7. with interest thereon. shan become additional
<br />indeh'ednc~s of Borrower secured by this. Mortgage. Cnless Borrower and Lender agree to other terms of payment. such
<br />amounts shall he payable upon notice from Lender to Borrower requesting payment thereof. and shall bear interest from the
<br />date -of \H:<;btlnement at I he rafe payable from lime to time on outstanding principal under the Note unless payment of
<br />interest at such rate' wouid be contrary to applicahle law. in which event such amounts shan bear interest at the highest rate
<br />permissible under applicable law. Nothing contained in rhis paragraph 7 shall require Lender to incur any expense- or tak.e
<br />any action hereunder.
<br />8. JnsptctiotJ. Lender may make or cause tt.-l be m;)de reasonable entries upon and inspections of the Property, provided
<br />that Lender shall give Borrower notice prior to any stich inspection specifying reasonable cause therefor related to Lender"s
<br />)ntere~t in the Property.
<br />9_ Condemnation, The proceed!' of any award or claim for damages. direct or con~equenriat. in connection with any
<br />condemnation or other taking of the Property. \.:'l.r part thereof. Of for conveyance in lieu of condemnation, are hereby assigned
<br />;ln~f ~hall be paid to Lender.
<br />Tn the event of a tom.! raking of The Pr0per!y. the proceeds "hull he applied 10 the slims secured by thi~ Mortgage.
<br />with the exec,s. if any. p.lid I,) Borrpwef_ Tn lhe event ,11' ~l partial taking .A The Property, llnles.s Borrower and lender
<br />~J!hcrwise ltgrce in writioft, there sh:t11 he applied h' the ~ums 'i.ccnred by thi.. Mortg.;tge <;.uch proportion of the proceeds
<br />as is. equal h' that rrnportion which the amount of the "-urn" ,ecured hy thi" t\.fortg-nge immediately prior to the date of
<br />taking bc;tr... 10 the f;ur market value (if the Pr()periv 1IT~rnedlalely prior to the date of raking. \virh the halance of the proceeds
<br />raid tn Borro-wer.
<br />If the Property is :thandoncd hy B,_'rt"OW-CL ~"'T if .lher notice lw Lender i() Borrower that the t"ondemnor nffeiS to make
<br />~n award or s-eulc :l chum fn-r Jamage5. Borrower f::uh. f0 rC';,;pend fo Lender within 10 dav... :!fter the date such notice is
<br />mailed. Lender is authorized to collect and apply fhe proceeds. at l.ender'$ option. either to re~(Oration or repair of the
<br />Property or 10' the ...um~ ~ecured !-Iv rr.!;. Morlga!:e
<br />Unks... Lender an.d Rorr~)wer othefwi~ agree in writin~. any "Itch Jpp!ic.1fion ,"f proceeds to principal shall not extend
<br />or postpone the due dafe ()f thl' ITu'lnthlv insfailmenb -referred to in paragraph>.: 1 and .2 hereof ('Ir change the amount of
<br /><;uch insraltment$.
<br />to. Borrowe-r Nn-t Releastd. ExtC't'l'ilOn ,)( the tlme for paymenf \'!' ffindincation of 3monizatJon of the sums secured
<br />hy thi'i MClf1gage granted l:>v Lender 10 any "Hcc-e.',<;~)r !n interc-;t (If Borrower ~ha!l not operate to release. in any manner.
<br />the liability ;11 the \)rigm;l1 Borro.....'er ~lnd Bnrwwer'" S.Uc;,;c-s"-or,, in In!ere~l ~ coder .;;haH nor he required to commence
<br />pnx~ee:dings agaznst such ",ncceS50f ,'f ~efuse h) e,tcnd rime felf pa..-ment.. ther.o.'i~e mndjfy amortizaticm of the sums
<br /><;ecurcd oy thi~ \fortga~e r.v le..lson "t .,ny demand :nad':' the ~1;.1l!m.al Borrower .1nd Rnrrower's ~nlcces,..or<.; in interest.
<br />11. F()rb~luliln('e bv l.tnder 'Of a Wai'V~f. .\ rn f..}rhea. MK.(, t--v I t~nder in e'ercJ~mi!: an\' right N remedy hereunder. or
<br />IHherwlS-C ::fff..rde-d hv ,j"p-pb.-uble law_ "tull tl\'I.' he ~ war"!:'T ,,! ,if preclude !he c_\ef~ise of 'any 'mch right or remedy,
<br />The procurement (,t inmt3ncc {'If the r;1vnH"nt M Ll'!;C\ l....r tither h;:~n~ nr chfir~n hv f ~ild~r- ~1)a" n('lt he ;l waiver ("if Lender'!!
<br />right f0 .K~dt'f;]:te ;he mJ.WfTfv ('>f ihe ,ndeb!ednc"", ~,~.;~~,,--d t->\ :;11'.. \10nj.!ac:e
<br />12. Remedie$ Cumulati"r. '\!l r.:meJll."'i prf"ldcd :'1 tl,i.. \1;)n~;:HIe Jfl.: dl\tincl ;l:"l(.i cumulalive It; .1nv (){her right or
<br />;emedv under lhl') ~1{lng.lgc Of ;)H('Jrd~d r'\' 1:1''\ "r ,'q\J)!\. ,!'It! m,l~' h~ :.'-\er,.:!""..-d (',~m.:mn:ntl\ i'~dct.-"'cndenrly [~r "l!cce~sive!v.
<br />13. Suc~ and Assittns Buund: Jotnl ;Iud St-H'rnl U.;lbiUf~: Capriom., Th~ L(WenJfl.ts and ,tgrc-ements herein
<br />contained "hall t-.ind, ;\flU :he rig-hl') r.e-reund-cr "'<h.1H '1Hlf<: I,' rhe n;"flCCir\'c succc.:;,,()r; ':Htd a5~lgll5 ,l( Lender and Rorrower,
<br />...ubtt'ct to :he pr-()...i"lOn~ ~;.f p.u;}t;:r,tph i -; hen~~-,t \.il ,-,l)H~fUfit" ..11111 \~n.-cmei~r\ <.;i ROficl'I.\-er "hJ.lI be .i,~lIlt ,-\nd several
<br />The .:aptiQns .:.Ind headm~s (It the ;~-;lf'-\l'-r:wt'.. ~~-t :hl~ ~1,'p.Q~gt.' :~n: r""",, ~-nnn:ment~ ,_)l'dv -md ,He nN t('l he ll,ed to
<br />mterprei or define th~~ prt)n.."lOO'< ~e:r('pr
<br />14. Sntke. E'cept C0r Jny nntl';:C e>:-Q;nn~d :;:1.;.kr d;"l"pih..::r-k L;'.\ :,1 !."I~~ ~IVen 'n another manner. fa) an\' notlce to
<br />fk,rrower pn'''\dtled for ;fl :hi", \-hHtgO!!!e ...had \'(~ _~lH'f~ !'\ .'l.\;lln>.;: ~u:...h netl(;\: ~\ ..:.:ndied m;lll addre'iSl~d !n Borrow'er aT
<br />the Property AJdre-s.s. t'tr .1\ ,>w.:.h ~~ther .id-dre:'" .!.:\ B"rn'....Tf '~1,!\ ,h::'d~n,Ht' r.\" n(l{lU; fi' I.t.'t1der :15 provH..ied herein, 1nd
<br />(hI an\' notice lp l_~n\kr "!;i.!l! ~ ;':'\.('11 h ,.t.'n!ti~J '{~_!'_;rn IZ'Cl.:'r>l r~~i.lue~lcu. :(, Lender"., .u.idrcs\ 'j.!il.fed herein or to
<br />'l-lich ('lth~f .lddre..... ,i~ Ler>oer rn;H Jt:'>Hwal\:' )-.,.. .-'11:,;;- B~'fnl""i:'I X", prov!de!..! h:re!n \nv l1otil:e pr(wldeti for in !ht~
<br />\'I('rtgagt 'ih4il he aet:nlcd !n h.~q:- t"Ct:l'1 gl\'Cn {~~ B'\{-".!vO\.;t c--:r i ....,lIjcr ",hen ~!\'('"n In the manner d~5Iignlttt:d herein.
<br />IS. Vnifo-rM .;\1oft&alr; Go\;~miD-2 Law. S~\~ntbitit,,-. rri!_~ h\rr~l I'f mnfl~:tgl: ,-.~~mhU\C!~ ur\l(orm iJ"'~nant, for nati0nal
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<br />~~l a;~~;;~:un~~~ \ ~~;~;a~:~:~~!li\h ~n~.!::r ~::; a~: ,n'~1~''; <.!;~!: ~~j !~f~::'~ \ ,[r'~'~~:::~i~~: l t: ~ :, ~ :~l~~)~~~ ~~(~i;;~Vint:t r!~~:{:~.~~';~~~:
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<br />~Vent thlH ;ln~- PH1'\'ISH..1n ,1f .:hw~ "t tn,,, \ton~;!e:o;: ,-,,- :ht: 'p!~~ ",-'tHl!<.'h '.utn ~prjh:;thie law. \U.:h i.:ontb:t ...hall not affect
<br />mher pf(}vj~on~ ~1i lhl!l ~h1-ngage '_"f lhe :"':Ph:" ,..hi\.!' '-,w h.' ,~l\cn ('T'k..:i W!!h'-'ll!t rne \"\_mflICHn~ rmvt'\ion, ~\nd tn ihis
<br />too. {he rro"l$;\')n~ (\1 ~hc \-fongagc and lhe ")1~ ,HI;; ,_\e;.:L1r~,j I,' h~ ...'-'I.i,=tah!e
<br />16.. Bonu~'s Cop,-. Born..''Acr ...hall h~ hrn,,,,hed ,I ~ \'n!'.'rr~l~J ,:('I-'Y ..'r (he S(lte ;1f\J ...>1' !I'll" \1ort-gage ,1t lhe time
<br />\1f ~"ecU(k)fl \""'r .-ilter r~OfdatiQn he:f<:d
<br />17. Traaslff nf the Propeny; ~\.t.!Almpl:ion. H .1\1 .'f .HI\" ~'.\It 1'[ the Pr0p~ItV '\f an H1tr:-fl.::i1 fh~rein i, ~oTd 0r trans.ferred
<br />by Bo-H\.'wer v".'UhOt.lt I endcr.s pri('or \-..-nnen ~.,~o\enl. ~>\.....'itj1jll"\g. '"I [ht: t'li,',.tfli-'n ~-,f .\ lIen ,'>; t'"n~llmorano,;e "ubon.llnate h'
<br />thl$. Mortgage. it" \he ...-relltion (It ,\ }"'ll.Jrt.:'nJ.').C' rn'l~r~t'\ "<."":ufll\ ~!Ht"rc;;,l :,"f hou"eholJ appll.tl1ces. i;.::) .! tram,fef by devise,
<br />descent or hy l..\p.e:nhoo t.-'i la.... :}I.-'~m. the ,-~a{h ('{ .1 ;"rnl !("!Hn,_ ~'r 1 lRJ !Jr- r' .- un, 11. J(j f1tHl1t Llf t~roll . iI1I.H r lJlir
<br />. rI'..r 174 r~, I I , r-" Lender may ,It [,(;"hlef... ~'ptl\\fL \.kdar..: .111 Ihe "urn... "c.-C\lf~d hv ttns. \1ortgage to he
<br />:mrne..Jiateh- Jue .'too plty.;t.blt. 1 cnd('r ,haH ~ave '0\ ...H\t:'d "lh.h- I.lptiun Ii' i1<:cehm.tte if, prh)f to the ..>il~ or transfer, Lender
<br />and (he per~)n 10 wh{\m the Pft'lp<n)-' j~ h' be "01\..1 .'T if.fo-,fl'rrt:d reii.;,;h ,'.greernent in wnrmg that the credit of 'iu;,,;h person
<br />1\ s.ati~Jac{;,)0' 10 Lender .\nd fhat the m(en:~! r~:--Jt'k >'fl the "<.lITh -.e1.ur<:o h} !hi'i \1ortgagoc '$hall he at such rate .i'l; Lender
<br />~hill reqUC::SL ff Lender ha.> wal\'N !he ~'ptl(\I~ tl' _u.::cder.tlt' rfl.J\\Jeli in [hi'\. patJ:graph 1:, ;lnd if B('rrower.s !,.tIC~"t:SS...)f in
<br />mu~~t has executed A wnU:n ,'l),$.umpuon agii;-emem J~-':'rptt.J i.. '~f!tlflg bv L~nJe-r. Lc-nJer "hall relca~ Bnrrowt:"r {rom ail
<br />\lbligHlons under thrs Moftg.age and the ;'\iote
<br />If lender c:.\cn:iscs 5uch ,.:--ptlon tn ;.l..:-ccler.4H.'. ! i..'fh..ki ,JL![1 m<-lll B..Jrr\..'I~\,:l' notl(e d- a..:..::defalll..'n In ,'h'::":I..,rJ.am.::e ....lth
<br />pAragraph 1-.1 hereof. Such llOhCC' ..hall pr\wlde .<l pt"fh'c.1 d n,'t ieSi than 30 da7s frc\m the uatt' tnt" n\)tice is mailed within
<br />whK:h Bo-HO'W1:f ma)" pa" the ;,;ums declared due. jl. Borw'>\.e:r !"ld'i ;..) p.:j SUl..h -.ums pnor h' fhe expiration ~'f '\.uch peri~x:1,
<br />~der m~)'. wfthoUl fUl1her n~ucc .>r demand -on B-0rr~)"'cr. :,n"t.'Ike Ml~ !..:rneJlt:"~ !~rrnl{ted hv para~raph \ 8 hef~1f.
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<br />SQN-UNU'OJtM COV1NANfS 8orrowc.r ,:md l.ender luIther (~-'\-efl,HH ;.Iud dgr<< d). (.")I!ows
<br />.1.. A~; RefM4ies. F..J:_<c-q1 as ptG,,'tded in p*nliraph 17 b~r~f. upon Borro-Yo.er'~ brea.:h of any ~f}\'c-oant nt
<br />......... of 8or,~ -ia t_ MOft&8I:-I', iftclu4ia& tM ('o~-tnallb fo pay ~h.~o due .ny SURt sec.:uRd by lb. :\1o......e.
<br />~.......... ~Ioo....... mall ftOIk~.o Bonu,,,.. .. plO.idod in PlUlllIrap!l 14 hereof '....ifyin&: 0) Ih~ b......,lI;
<br />(lJ tloelldiM ~ to ._ ....... bcu<:h; iJ) . ...... not """ 'h.n 30 day. 110m .h. dat. Ih. notiu io mailod to Borrow..,
<br />ltof ..... _b ........ ...... be curo<l; ..... (4) ...... 1,011.... '0 c..n ,,,,,b hrucb on ." bolo", .be dale .....ififll in lhe 00110.
<br />..."........ ""~ ", the _ __ by 'h.. \Iort....., lor<<k...... by judicial p",,'.ed).. and """ ..I I.... r""""",
<br />TIle ~ olooII 'IIft_ ,Itf_ .......".r of ..... ritlbt "' ....inolat. .ltcr ,""cckrotio.. ...d ''''' ritlht to _" in ,.... 10....dOll"""
<br />......... 1M -...n__... of a "'''WI .... .ny nt.... d.'._ ..I Borrow.r I.. llC..kratioa ..... forrc\ooun, If lb. br...h
<br />.. _ ........ ... '" bef_ 1M dark ~ In ."" _Ie., I.._r .. undor'. option moy d.do.... llII 01 "'" ....... ..cu...d h.
<br />ltIt\I "'''"-- to "" ~Y. d... .ad payable ..itlo..... lurlMr _ond ....d "'0' '......d.... by judicial pr....'...II..., t.n.r
<br />tJutU lie ~ to toU<<t ilt ....h P'<<K~ aft t"'~Mfi of 1(N"~'kM.uf.~ jndudiot.. but nul: limitc(f 10, ~ o,t~ of dncuftWntary
<br />nidollou. ....r.."" ..... title ...........
<br />.'- Ion......." It.. to R~, ....!:l-t'hl~h-s.~.HH.Li'>~ ! t,'jH.le(;, _h~,~:kfitIIPH ,.f the ~~j;ll' ~-edJI"'-.Q h\' l1;..\ \i(\rfll<lS:~'.
<br />~ro'*'ef ~baU hi~C: ihc 'llnt ;.:.} nli\'c afli rhlove<'UtH);"!> r"'~'t\m : r:f,-.:k:l' h' 1..'\'li..-"lI',:t> ii\;, \f,...n&.It;c dl....'('Ullnlll,..'J ,d .l1l\ t,:ut..
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