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<br />84~ 004857
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<br />, emkr', Wnll.1I agreement or applicable law, Borrower shall pay tbe amount of all mortgage insurance premiums ill the
<br />manner provided under paragraph 2 hereof,
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become ad.dltiona'i
<br />indeh'ednc" of Borrower s<.'Cured by this MOrlgage. Unless Borrower and Lender agree to. othertemtllof paymem;.ttdt
<br />amounts shaH he payable up<ln noti<< from Lender ICl Borrower requesting payment thereof. and shall bear interest from the
<br />date of Ji1l'",,,ement at the rate payable from time to time on outstanding principal under the Note. un1eu~'.li:,l.
<br />;nte..,..t a. sueh mte would he contrary to applicable law, in which c"""t .ueh amout'ltswll heal" interest at the.higllest...fttC.
<br />permissible under applicable law. Nothiog contained in this paragraph 7 shall require lender to incur any.eXpeBSe"OI'.1W
<br />:1 tW action hereu.nder.
<br />- 8. InspedIoa, Lender may make or cause to be made rea.'IOtlable entries up<ln and jn.pections of tMProperty.~'
<br />that Lender .half gi\'e Borrower notice prior to any such inspection specifying reasonable cause therefol"related;to~s.
<br />mtere'<l in the Properly_
<br />9. COD<lemD8fion, The prn<.-eeds of any ,wud or claim for dllffia!!C$. direct or consequential. in coMecti6nwlm'lll)Y
<br />,'ondemll:tliM or other t.king of the Property, '" part thereof. or for conveyance in lieu of condemnation, are hereby~
<br />;lod ..,hall he pa-id to Lender.
<br />In the ,'ven! of . total taking 1'( the Property, the proceeds shall he applied to the .umssecuredby this.Morta..
<br />",-.jth the exec"'.;. If any. pard h"l Jlorrowcr. in the event of a partial laking (If the Property, unless Borrower':amf.'-';.;endet-
<br />",herw,,,, a~ree ;" >'vriri"!,, there shall he apphed to the <urn. secnred by Ihi~ Mortga8C mchpropntticmofIMPnx:eedS;
<br />'" is eq""I I" Ih,! proporti,," ....hid' Ihe amounl "f the '\lm, secured hy this MortVge irrttnediately I'rlorto 1M d'llte;<If.
<br />laking he;", 10 tho f.ir markel val\le l'f the !'mpert\' immediately prior to the date of taking, with the balance-of thCiproceeds:
<br />p-,iid 1(" B-orrnwer
<br />H rhe PrnpC'rtv 1\ ;io:.mdnncd h~.i Borrower. (\r if. after notice hy Lender to Borrower that the condemnor offeft---kr1l1.-
<br />;Hi awa.rd nr ~efth:" :i \:iaim for damage:\. U0'rrower fails to ti"spo-nd to 1~l:nder within 30 days. aft-er the_,-dale 1tk:h,-notb-:,js
<br />nude-d, I.emkt v,. amh,)ri1ed tel' ,:(,Ucct ~nd ;lppfy rh.:: proceeds, ~tt Lender's option. either to restoration -o'r- repair- of:::t~
<br />Propcrt\ or to the M.ml~ ~ccured t'ty this Mn.ngJge.
<br />Unk-.t,... J cfHier ~i.nd B-orr~)Ult:r otncN,'it,e agree in writing. any ';.uch appHcafion of proc,eeds to principaJsMH --not extend .
<br />or pO\frnn-e th~ due tb-tt of ,he ffifWfhiv ino;1a.llrnenfs rderred to in p:uagra-phs. 1 and 2 he<<Of --or change_ the amount.: of
<br />'<lICh lNitallment_"
<br />10. Borro-vlier Not Rf"k-aw6. F~u,~n~ion ,__d the time for payment ,:'If modification of amcm:iz4tion of the sums secured
<br />hv 1hl?:> Mortg;Jgl' grsnted r-v I..t:nder /,\ ;w\-' .-.m:ce-s-snr in interesl of Borrower 'l:;haU " o~f1lte t-o release, in any rnanne:r~
<br />~hc 11ahl!it) pf {he od~:Hlj,1 Bnnov.,,'cr ,and lwrrnwef'~ ~\'K(;e!$~.3l~ fn interest > ,;!1-d....r ~~1aH ,r,'.,,- l:1e required,to -commence
<br />pn...;:eedingl'i f-.lg.;'i\n\l 'ouch "'-.H::-tt""',,<;.nr (\;- .-'efu'S-e H' ::;xrcnd ~imf. f'jf !1~i.Vmc-nt (, ~herv.'he modify amortiution of the'$OftUi
<br />\et:t:u:d 'h~' ~hi\ ~.o''f(l-!1:g.ag~ t';\., r~a"(\11 :nt ::;nv demand m'.'B.te t1y lne nriginai 8orrower and B(lrr-ower~s successors i.n intcrest~
<br />11, Forbelli'lIl""" by I..,..., "'... a Wllhn,'\nv (orhe.rance hv Lemler in exercising any right or remedy hereunder. or
<br />,_Hh-t'rw!~C ;-IH{\p-,i{~1 hv i!rpli.;~_ahle bw ,));"H !H"It he ;i waiv{...r of (~r preclude- the _exercise of any such right -(If -:remedy~
<br />The- pffl(,:urCm(:nt ,tl iWllJrant>c nt the p.IV!i'H,"nt f~f r., "ell or ~-'\!h('r hem, or charge~ hy L~nd-er 'ihall not be II waiver of LenderJ.s
<br />rifh't {;1 ,~,;,;-:'df.'r:;1!t' l.ht..~ mawnfv n~ frH~ ;ndl'htt'dne,,~ "-,-~ct1n:d by ,hI"; M~\rt~a~e.
<br />J2, Rf'm-t>die~ Cumuhttivt>. .\jj f.~mt'"Jie'\ rnp.ldcd li'l n-w~ \h\rf!!~\~;C .m:: drSfinct ;:l.Od (urnulative 10 any other right_or
<br />rcm.r-d~ UOdN rh;<' M.__,n~_(~Jl!t:~ ':'t ..lffflfd('d la\A 1.'1 ;.;qudV-, :41;(1 may j--.,;':; ('''~.r('i..;:d (:nnCl.lrrcnth'. inUept."'uden1Iy or sHccessively,
<br />l3~ SfK('t:~s.o-r~ aDd A~lfn:' Bound: JUIU! and St-\^t't"'.d Liahiti~; CapriO-M~ The C()VCf'tants: and ,lgreemen~ herein
<br />t;nntamcd "h~'tH hind. ;md the li~hh h,,"n:nnder d\;lll lnur-c tr._ (he rt."\rlf.....:ll\(.~ ~H....ce'<,s.{;n and ..{s-s-igns of Lender and Borrower~
<br />\'ubJ-t:u It, 1hc f1fryyj\-I{!{b, \It ! 7 heH.'o~ .\n ,:J.1\"'tH:!nh ;md iJgn'emt-rth of Borro~-er ~hail be joint -and severaL
<br />fhe- ,:~pt~o-r;.:>- ,md }K~_Jlng~, ('" jl'.~;,;~:;.-:rh", !l-:l". M!)-n~;J1t.: ;\:f~' hr nlrn'enicn,,:'e- ('Otv and are not to he used. to
<br />.(\..~;~": (lr I.kfine the r'fp\-""h'fI'\. h~rt",-,i
<br />14. Sotia'. F'f;.;;ept t{1r al'lY ~.;(~~!.(.t :--l'\~ulr'('-d 'inLltf ,;ppb.. .Jr<!e i:!\\- be glVi.'"n m ~lo{'Hher marmer, {,H any nutit:-e tv
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<br />;~~r~~~;~el:j::~:~~:~~~;" :;{,,~;';2"~:~~;,e :,i~~~:;;:;~::;;:: ;, ",,:~~!:;::~:,~:~~::ft::,~~:,~:t~io~F:~:~:<~~J~:l~:E~~;; :~:::~
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<br />such ;.>thc-t" !gJdr~~s ,j" 1 i:nd\:t m,~\ \~t''''hUl::jte t--\ '~nt:,:~: \" H,tl'r~'j~"-C'f :'i:\ riOVH.-k'd !H~'f\..W A.ny notice provided for in this
<br />Mnngitg-t,?" shall h~ d-tf:::me-d !,1 ki\t' t-"!:cn gl\-(';1 f(: ROfTtHJ;,-er ('If J t'n-der "",hen f!lven in the manner desig-nated herein.
<br />t!L rnitorm \tortgage: GO~'t"rn~ I.a__: 5en'r.bitiry-, fh:i,. f(}rnl ('if mortgage. ';"(Hnhines uniform \.:ovenants for national
<br />n~ :CH1'.j nt~nA;-nfr.:-,nn ..~,;'\'{'lU,n;... ,"Hh l1ffit!o:'.t -',,!fH'thHl~ hv H,tfl-.di\,.'fkon to __wfl-\ilnlh.'" ~ uniform ~-cur!ty io~tr!Jment covering
<br />f"eal pn"ipen\ llwJo \1(1-T!~a~C "h.'1i1 he i;\~...',~rr~t:d h-,. the h"A- ,'.f the IUr!"AlltOon In "vhich the Property i~ located. In the
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<br />~;~;; ~~~,!\ ~:~~n:f::~'!~~::) ~;{~':f;~'~~: Pi the ~~':::~~,:~,~:;, l~:n ~~~c ~~:^~~:_~1!~:~,:~ 1i~'i;~c~~~c~~~e ~~:ft1~~!~:~ c;~~i~~~~al.:n~ott:~~:
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<br />end th(' pn:n'l,,--wn~ ct rh-t' Mnn~;j~( .10<1 the '''<('le ,H't' d,.;,\"-fMed {,', he "{;,>.erJ~k
<br />to.. Bu-rroWf-t"s ('t-liJ~'. }'h)fh-,'v.'\?r ""half h~ !::rnt'\.ht'"J :t ;,.',_'rd.,rme_d ~.l}PY ,of the ~01e and (\f thi';. Mortgage at the time
<br />\-t{ e-\e(utit~!1 Of ;~fte( rt~n:~r-d:.Hh:m herr-of
<br />17. Tt'WI5fe-r vf tlw p~,,~ A~mption. !/ aU ,'r iill\' l~;-Hi (If Ihe Prftpt"rty or ;HI intere!l.t therein is '-,wid or transferred
<br />Oy ROHow-cr \!d!nmH l.ender's pnor wtiUt;n ,;nttwW ,-'"dL:Jm~ i.ll th-t ~:n.~afll\n j)f :t lien or encumbrance ,t1bordinate to
<br />Hu\ I...h~n':;<-'\.g'C, n~) (he ~ft~-l{I':_~n (~( Hh'ney ',,,~,,n('" "j,,%nC'H f;,>r h(luseh(--,ld apphances. lei a tratl's.f-er by devise,
<br />d~"t'nt or h\' C,ft('f.lh('\.11 i.~f r:\".ol, tl~'H'l.n \Jcaih ill' J. jl'H\t l("fUft! ,\f t i tlit' ~H ~\1 --::~o HR.. lnmr '1 i'6at8~1I!'f tRrn :'II'IR' Af l...
<br />r11'1 irJr~1f1'~. lJ ITFI - i l' 1 -, N ~1Ui. l.enUet" may. ;.{ 1 emlcr\ \lp!\-()H. de_flare all tht~ sums. ~~cured by this Mortgage to he
<br />,rnmed~ate'y dl.>"f' -iH1d i-'l4yahle ! <:ntl/;:'r ~h;lH ha',.-c ~ Jived ",;:l-ch ~)p-!H,)n ~l'l ac{:ticrate it prior to the \ate or transfer, Lender
<br />and rhe per~"l:'tf'! h' Y. ~h}fr: ~h~ Prc.rt'T1Y 1', \~, he ~c~ld ,)r tr31'l'dent'd rx--Iti..:h .,~re..~ment HI wnrtng that the lJcdit of ~uch per:.mn
<br />1\ ntida-:':h1{)' '.I.. 1 ehd--a ::tnt! tlu! The mkft'<l f'M.\ able i.'11 th{~ .;~:m,~ ,......c;_~;ed r.\ thi_, Mortgage- "hall he at ;;UCt1 fate a'li Lender
<br />:-.h-aU f'Ctfut:-~t ff Lef\-d-er h3S W31\<-tU the- "p!l-C'11 h' .h'\.'der_::nf pn'\'i-de-J tr~ lhl~ paragraph t 7 and If Bono\\'er"" ~tk:ce$sor in
<br />"n:terest nfcs. C'-,~ct1t~d a ;,1,ntten ~l!i.~lJ:mptlon agreewent :K>.:t'f.H.ed il~ H f~fing hy fender. Lender "hall relea_\C BOffrtwCr from all
<br />,,"<bhg::atioo~ -under- this MOf1gage, and the Note.
<br />!f L-t:nder e\e-fC,~~ ~,~~..;;h .;."rH0-:1 u.~ a~c~kr4-!;;. 1_ ::nd,,~r .,h.111 m;id H(HlU....iCf fH.HH':t' Gf :H:cder.1tHln 10 ~ct.:ordanc-c with
<br />p.a.fAJraph 14 ht~re-o!. Such r,oh.:e "hail .rlnvid~ J P\?rH.\J "f n;;:H h>~~ !h,':/l ~n dav~ hem the date tni.' nmi{.:e ." mailed within
<br />....'hKh &rrftVw-ef t'mw ra\' {he "wn~ decLireJ dt;c {( Horf"{t'J..'tr Lih ~\' pay .,nd~ ~ums pn;:;r u\ the c'-pir.ltHln pf :\ui.:h penod.
<br />Ltnoo may, wirh(~ut fUMhc-r nOHC';: <~f.' dcm:and ('r~ B-c.nH'9\-er, 'H,,-oi~ ~W\ r.:mcdies penniued r-y paragraph I H hereof.
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<br />N-~*-iJNH'-{JkM C(,)Vf'~"'Nl'S Borrow~r .j,nd I endn further \..'(_"'.--'!:n~wl ~_Hxi ,l:~ree &\ fnli-tJWs.
<br />,I. Ae~ims.; Re_~ Enepl'" pr".id.d I.. pllrIl!l"'ph 17 hert'"I, upon Borm,,'er'. b..".tb tlf any co.......t or
<br />~ of Ilott'(tWff in tit. '1-n"a_t'~ indud.tna the- {fi,".rnaPl" tu va." \'\Mn du~ any SURb iKllr-e-d by this. MDrtrace_
<br />,....... ,...... ." !Otcdenllio.. "'all mall ....lkt' 10 H..rf<>..~' a. l'",>idfll In "a,...r.," ! 4 b~reof ."""lfyi.,.: 1 II th~ bt'fllCb:
<br />{ZIIM lIdlmo ~ C.. <4.ft .... bnltd.; Ill.. d.t.. "0' ""'" thau lO da,. 'rom .he dm.. tbe noli<< is n.ailtod to Bono_r.
<br />'" ........ ......b ___ __ be cUttth and 141 tbat (allur~ t.. .....e .....'h b",,,,,1l on 0' bf'for.. tM dalo 5l"'dmd in tilt notk~
<br />-r """"'10 "'''''...,.._." tbe ....... .........."y Ibis \1.....1I_~. (ot<<it........ by ludidal !,mcffdiflll and .HI. of the P~l'ty,
<br />"'" ~ -" f~ w_ ............. .,f tM 'icllt '0 ...I....t... 1Il1t'r ",'<duation "nd 'M rij:ht to _rt in 'M 1"_""'",,,
<br />fI"e<<........ ... -...Uoim<... of " 4......' ", ....y "II.." de"'- 0' 8<........... to ......oI.....lon oDd I"",dOllurt, II tlu """....b
<br />.. _ ........ .... ,.. bd..... tbe .....e .,..,1lI04 In lIMo _tlet'. L._r .. l..nd...'. opl..... may de....... aU of the s....... ""....... by
<br />!Woo ~... Iot.~, ..... and pay-.a.:.. ..<tho..t r"..""r _and ..cod ....., """,'k_ b.imlidaf p~Irttl, 1,.,_,
<br />.W _ if'~ to t~-t ia- -Ht'h lU'iW~ llM f'~-pr~ tn hU't'f'h"",,,",, im;i-udinc. nut tN. timitlf"d to~ n~t1i of d6("u~lttar~
<br />t'.......... _,""'''' ""'" f>I'" ...._
<br />:i9, I.ontnttr"~ M"...ttt ki' R~_. -..;~.,,!....-~t-h,\;~Jil-HrlP'~M'_ ! ;.:nd~",'" .<.~~ ~._t~'.L,'lhpn d ~he -.;;Hh ',(",:'uf-C"d h\ !bi\; 1\--1nn~'I~l;'-
<br />~J.i}i-f~.~'-\tf 1;.-t\a;H h.;~iI-tt Hw n,fn t,' h~\,-'tt ,')nr ~l,r._~~t.:~at!'l~ h;,\a:~.l'~ 1 '.'nd.q t" \1~1t"f~tff4-(^ ~h~..'pnlH~<ti::,-t ;;1 ,F!\ ,nm:
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<br />~_;-t1-t: i."~s~ .~ ~j04t'l,
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