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<br />84- 004409
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<br />Lender's written agreement or appJicable Jaw. Borrower shall pay the amount of all mortgage insurance premiums in 'the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7. with interest thereon, shall become additional
<br />indehtedness of Borrower secured by this Mortgage. Unless Borrower and Lender' agree to other terms of paymen.t';-'such
<br />amounts shan be payable upon notice from Lender to Borrower requesting payment rhereof. and ,shall bear inte~estJ~,Q_iti. the-
<br />date of disbursemc-nt at the rate payable from time to time on outstanding principal under the Note unless 'payment' -of
<br />interest at such rate would be contrary to applicable law, in which event such amounts shall bear interest 'at: thifhighe~t':ratf?i~
<br />permissible under applicable law. Nothing contained in this paragraph 7 shall require Lender 'to incur:any-expensl.r:of:,tak<<f
<br />any action hereunder, _ " __, ,,_,:
<br />8. Inspection. Lender may make or cause to he made reasonable entries upon and inspections of the:Ptoperty.'-pro:vi(!e~_
<br />that Lender shall give Borrower notice pri0f to any stich in:c;pection ~pecifying reasonable cailse therefor'relaled--to-Lender's--.
<br />inlerc5t in the- Property.
<br />9. C(',~"i~mfiHrrOft. The proceed... of ailY aWf:rd Qr daim fur damages, J!ieCf 0, cm,:r.eqi.l.~ntiaL in e{?onn€.cti-~~-",wit~--~'~~J'
<br />condemnation or other taking of the Property, or part thereof. or for conveyance in lieu of 'condemnation.- are-hereby' assigned'
<br />llnd shall be paid to Lender,
<br />In lhe event of a total taking of the Property, the proceeds shall be applied to the sums se,c~lied,by- thjs>-Mortgage~
<br />with the C";:CCI:;S. if any. paid to Borrower. In the event (\f a partial taking of the Property, Hnle.;s: Borrower.,~nd ~ei1:~et
<br />olhcrwisc agree in writing. there shall be applied to the sums secured by this Mortgage sllch proportion _ of, the _~pr~eeds,
<br />as is equal to that pro-portion which the amollnt of the sums .;ecured by this !\-fortgage immediately prior to the,,'date-~ot
<br />taking bears to the fair market value (if the Property immediately pri0r to the date of taking, with the balan'ce of the- proceeds
<br />paid to Borrower.
<br />If the Property is nhandoned by Borrower. or if. after notice hy Lender to Borrower that the condemnor o1fe'rs:to m,;..ke
<br />an award or settle:l claim for damages, Borrower fails to rc~p()nd to Lender within 30 days after the- date such'-notice':is
<br />mailed. Lender is authori7-t.~d to ('ol1e-et and apply the proceeds, at Lender's option. either to restoration or repair, Cr"'tlre-'
<br />Property or to the sums secured hy this i\-'fort!!age.
<br />Unless. I ,ender ~md Borrower other.....isc a!!rec in writing, any 'Ouch application (If proceeds to principal -shaH-not extend
<br />0r pl.."\stpone the due date of [he monthly in'\taJimcflt" rderred to in r3ragraph~ 1 and 2 hereof or change the - ~mount -Of-
<br />"lIch insf:lllmeng.
<br />10. Borrower Not Relea.tred~ Extension <'r the time for paymenl or mo_ "'cation of amortization of the sums secured
<br />hy this Mortgage granted hy Lender in any \w.'ccs,<;or In intcrc,t t,r B.~'-OW( hall not operate to release., in- any -manner;
<br />lhe lia.bility nf the origin:!.1 Borrower and 80rr,:y,.;:a\ SU~::l.'s.sers in i -::s1. Lender ..hall not be required to commence
<br />proceedings ~Ig.ajnst sllch suc;ces.sor ('~r refuse tn extend ti:ne fllr payment or otherv,+..e modify amortization of the smns
<br />;;_ccured ,"",':' thi.. M~"'H.g<!~e /:ly rea,,('Ip <'If :'!1\: .-k.m:JI1(l mad>:' hv the tui!!inal Rorrower :md Borrower's slIccessors in interest,
<br />11, "Forbe8r-anc~ bll..ender !\;ot a W~i\'t"f". :\ny f,)rbearancc by Ixnder in exercising any right or remedy hereunder. or
<br />(){hCf\VISC ,df('lrded DY 3pplicabk iaw_ "tull not he ;l waIver I'\" PI" preclude the exercise of any such right or remedy.
<br />The pn_)clIfcment of insurance or lhe pa\'mcnt ~'If t.ne'. ,1r nther lltms N (harccs by Lender shall n01 he a waiver of Lender~s'
<br />ri~ht ill aC\,,'derale the maturity of the mdd"llcdnn'\ 'I.',;,'ured I'\' fhl'<. Mnnc:age'.
<br />12, Remt'dies Cumulative_ A.1l fCOlCdiC'\ r'flWldcd in thi.;, Mort~a!!-~ ;rt" distinct ilnd cumulative to any olher right or
<br />n:mcdv under !hi... ~-hlrtga!,!I..' t.'f alTorut;'d r-\' hw 1'1 eytlll\'. .Int! may h~ ...'\crc!sl..'d conl.'urrcntly_ independently or successively.
<br />13. Sucn"ssors and As..~i2ns Bound: .Julul :md S"'\t'nd Liability: Captions, The \:ovenants and agreements herein
<br />('(\nlain~d o:,na1i HtH-L ,;nd In-\,' rig~I', hnt.'U!ltkr ..k~H ~nllH: It" jh..., r<'.;pt'cU\!C ,;u,,'ce<;,<;prs .illJ a<;"igns of Lender and Borrower.
<br />..ubjc.:! h_"I the- pr.~'I\'i"!l,m' \,( raL1!!rapn 1 -: h're~)l \I! n-'Vl.>nants :lnd :lgrccITIl;nh of Rorn'lwer shall be j0int and several.
<br />llw ,..;~ptinn\; )11'-.; h~aJ!!:g" '-"( (hI.: \'J.!:l~'J.t'lh, A fI~i~, \1~~n;.=.;:,;:t' :lrt' f\>r -,:.~n\'~:1iem,'e ~1n!v ;-md ~re net te he used to
<br />Ifl!errn:l tl[ define th~ l-~rn\'l~Hl!l' 'wn."'!
<br />14. :\:otic~. Ex('C'rt f('r an\' n~lf1,"-T 't.'qtatt:tl :mdl:f .:pp!i':-:lb!C' h\\ hI hC' ~;\-'CI1 l!l another manner. (a) any notice to
<br />Hnrr~)"\-'t'r rrp\'H:!cd f('r )'1 thi... \-1~'rt~~1~1.' .."all h.. ;:'\cn 1'\ '~Ll!hn~ 'Deh 11\'tlt:t.." h-- \.'crtified mail addressed to Borrower at
<br />tht: Pr~~pc'r:[\ Addn...... ,If ;d ..ut'h "ll\,,'~ ,llhin-..' l~ R'fl<'\~n 'n:\\ dt..'-;I~!E\[t' hv notice trl Lender :lS pr(lvided herein, and
<br />d.,,:1 ,jH~ !':('lll.:": i,l I t.'!)d~l "!':..Ji he ~'\l'P h, ,Oid~t'd :'L\,; ":i,;[';\ ;\',__c'PI r,-'llu-.:.,;ti:J_ (1) f Crider"'; address stated herein or to
<br />__u\;n "ther ,l\jdrc!'.., .l:'i 1 t:nJ\-'r fH,\\ .!.:..!t;n.tlX r,\ r-'I'ild: I,' H'1lf,'\\\T ,I" pf'o\-'ld..~J hl'rCHl \rlV notice provided fOf in this
<br />\1l'\ng,\~~ S.h~lU l......' det';n,,'d h' ;-:.1'" ;---~'\,'n ;..::: ....il h' ih1l'f'_'''\"; j 1..;H,.!cl ,dl1."H j:1\1..'1l in the manner dc~ignated herein,
<br />IS. t'niform 'tort~..~t': (;U-\\:fni.u~ 13\\: '('H.".hi1it\, 'll,' ~"Jm "f !nl,rl!:!_;lg\! ,,-,-Inlbines uniform \..,wcnanh (('II' nalion~tl
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<br />IS. ..\.t:{eleration; Rt-tH,:di~ F:\u'pt -l"o pro\ Hll'd ill pat~l~r;lph 17 hl'H'U!. Up-oll HurnnH."r'., hh'adl ui <1lI~ ~~)\ UI;U\1 Hr
<br />~greemeni of I\(.uo\\('r in th~ \lu("l~a~t.. illdudiu~ lilt. .o\\'I1;.Hlh I" p.l.' \\tH:n litH: <111,\ ,nm., 'ot.\..un.d h,\ lhi~ \lut1t:.:ll.(.t:.
<br />L~nd~r priur 1.0 :ll',:t"lctaliuu ~haJl mall nulin' In ROrhl\\l'r .1\ prmidnl HI par:.lc,hivh I.. 1\\'1'1..'1)1 "'fl~l.__iJ)in.:, ill lh" hn-:lt'h:
<br />~1) th-'f :!d~-!n .requh:~d hi nH~ !<och b~~a~.:h; \3! ~ :!~k. HHI !::,~~ :ha:: .lH d~h !;vm th~' d:Jt\: :t..." :;;It:U~ i.. :m,~kd in !.!n;nnq':.
<br />h, "'bicb s.u('h breat:h mu~1 be ...."red; Hnd 1-tl th.H t:dihHt' to ~tHt' ~tllh br'l'~hh lilt ,It hd."rt' Ow dOlt\.' ~pt'dhl'd ill Ih~' nuth.T
<br />IU3,' R.sult in .1u:n.'at"fiuiun t~f tht' ",um\ ...t"l:uH'd In lhi... 'll1f f~.lC,t:. 1IIIl'l..-lm,llft. b\ iudi...i.d IHHl.:l'cdiul::. ltlld ..ah' ut the '~rup('rt).
<br />"be nolk~ ,baU furtht'1 infutlll BOffU\o\t.-t uf Iht. tit.:t\l IH f\.jU..hth: aUt.'1 ,ludl'li:lhHll ,HId tht' ri:.:hl It. ,h"'t'll 1.11 thl.: tUH't.h}"'Uh.
<br />pnxcC'ditli:, Iht:: non-["\bh'IH.C nf it ,:h' fault ui ltll~ {illu:.- tidt'U""' of >>'_Hn)\\l'l 'I, .hTd\'I;1ti.lu and iolfl..(-lw\I.H\<, If thl' hr\:adl
<br />t<;t ,,(1.1 ,-"n'd (~11 (It bdt.Jn' lh(' ,tall' 'p'tI.:Uil'ij ill Hw nulh t', I older .!t l \'mh:,'.. lIVltH<l lH~I.,' lkd-iH\' Hil jll' ltw "'UUl~ ).('\"un.,tl 1n
<br />tbh "lurt~act, to be- lrlllncdbtt",l~ dQt. ;and pa,\ahh. \'\UhHUi flluh"J th'llI~nd ;-tn~t lItot,' llll\'dtl'w tn iudlt'llJI Vll.lnt'(Hn~, I Nldu
<br />'\baU M t"nlided In t'ull\"d in ~~u:h .In.lHt;dIU~ .-11 l'\.pt.lht..... Hf fHf..:du.. II H.', mdU{iin~. hUI .Hlt limih.>d Ill, I I)",t.. ~,f dU-('UlUI'uhu.\
<br />Nidt'nn. a~h*:t.. und Hilf: fifpurt.l.
<br />19. hnv"'t"r'>t Ricbe tu R~in.~latr. ",,\~;th"L,[ ,.l;i,~ 1 ('Hi-h
<br />Hork'l'<n '-,h;t;~ hd'-" th-c right \i' h~,,\' ~,Il\ <'i.l'"h', "\ ! c
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