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<br />f?e..rfe(!ortlul ~/
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<br />lender', wrlH"n agreement o( applicable law. Borrower shall pay the amount of aU mortgage insurance prcmiluus' in the-
<br />manner prlwldell under paragraph 2 hereof,
<br />Any amOilnls disb"r<ed by Lender pu(snant lothi. paragraph 7, with interest thereon. ,shallbetome,ad!filibnal'
<br />indeblednc" of Borrower secured by this Mortgage, Unless Borrower and Lender agree to,othertel'J'l\!<ot1'8Yll"lnti':~
<br />amOtmlll .hall he payable "pon nolice from Lender 10 Borrower requesting paymenllMreof. andshallbilal'il'lfe~,tri:lll\'~l!ll'
<br />date (l-f dldmrsement at the fate paya.ble frenTi dn"'~, t~ tim:---oo -ffitt$tandmg<ptmcipal'--~ the:_-~_O_-\~:'~~;;,~':::'
<br />interesl al such ralC would be conlrary to applicable law, in whiche"ent such amounta.hllI1beatimerestat"tIliFhi~:~';
<br />permi..ihle undcr applicable law, Notbing contained in this paragraph 7 shall require Lender 10 itleut"'!inyexpomse"lWlllke.
<br />any aclion hereunder, -
<br />8. Inspection. Lender may make or cause to be made reasonable cntr~ upon and in~iOll$oftb'fPropCmy!;;'
<br />that Lender shall give Borrower notice prior 10 any such inspeclionspecif'ying reasonable cause' therefOr,
<br />intere~r in the Property, . - ,---'-,<-:.,::' :,~',,-:,<->,~,-,:~:,:(-,',~-~
<br />9. Conde.....ation. The proceeds of any award or claim for damage&. direclOl' con5e(!uential. jnco~~'~!lt<
<br />condemnation or other taking of the Property, N part thereof, or for con""yance in lieu of condemnation. arll:heret;ly"ajSj~"
<br />and shall be paid to Lender, ' '
<br />In ,he cv~nt of a total taking of the Property. the prOCt.-eds shall be applied tOlllllsllmssecllred,by 'llrii".
<br />wirh the ('~ccss_ if any. paid tfl Bnrrnwer. in the event (1( j p.artial taking- .i.tt tHe -PrO-pert"'f. un~"-eo~
<br />otberwi,e agree in wriling, Ihere ,hall he applied to the ,ums secnred by this Mortgagesnc!l 'propotiilltr,'~f'llie"'[l., ..,,"
<br />," i, equal to that proportion which the amount ,)f the ,urns secured by this Mortgage immediately 'I'rlOl".t01lie.:~te;:~f'
<br />taking bear< to the f.,'r m.rkel ,'alue of the Propertv immediately prior to tbe dale of taking, with lbe bal.nee of tlie''[l~:,
<br />l1a id h'l Borrower.
<br />H !hl? Property i.. ;,tJ~nd~nC'd hv R{)rrOW{:>L or if. after notice hv Lender to Botrower'that the condeinnQr:'-o<<eriL~:~'
<br />dn award or sellle '. claim for dam~ge', Borrower fails to re.pond- to Lender witllin 30 days after tliedate-'mclHlotil;e i~
<br />mailed, Lender is allthOli7Cd to colleel and apply .he proceeds, al Lender's option, either 10 restorationorrep.ilir.of;'llle
<br />Pro~rf\' '_Jf tn the sum<.; '..ecured hy {hi., ~{orrgage,
<br />Unks\ t t:nder and Borrower 0therwi..e agree in writing. any such application of proceeds to priilCijial shaJl,.'~_-~:'-
<br />or p{}~tpnnc the due date (If the- monthly instaHments referred to in paragraphs 1 and 2 hereof' or cba-nge--the--aMount-,--of
<br />qJ(;h installments
<br />10, Borrower "'01 R~letied, E,lenSlon of ,he lime for pavment "r mCHiiliealion of amortization of the surmseeured
<br />hy thiS M..\rtgage granted hy Lender w any l...ucce-s.S()f in interest of Borrower shaH not ope-rate to release. in any- manner,
<br />the liability of the original Borrower ~lOd Borrower'" Sllccessors in interest. Lender shall not be required to commence
<br />pH'\CceJing'l. against \Hch 'il1ccc<;sor ~'lr refu'\.e Ii) e~tend time for payment '1T otherwise modify amortization of tm)-:$umJ-
<br />\ccu(('d hy thf~ Mortgag.e h' reaqnn {\t ;IOY demand made hy the 1.,ri?in~J l rrower and ~'rroweT"s successors in inUirest,.
<br />J 1. FortJe.aralK'f' by {.end-rr ~ot a W-ah'er. Any fornearanJ.:e ~~.- 1C-cf In ~xerciSlng ...iJY rigbt or remedy hereunc:tefl Ot;
<br />otherv.'isc ,If-Tf'rded hv appli....able ;'iW. 'ih;tli fHlt he ~ waiver ('If ('Ir ,.jrecJude the ex.ercise of any such right, or remedy.
<br />+The pr<x:urement ~lt imur.aOl.:c or the payment 01 t,;nl.':" or l'other lien$. or charge~ by Lender "hall not be a waiver of Lenders
<br />right 11) ;'H:\.Tk'ratl;' !hc maturity A the lrllkhlcdnc'.. q~~;ured bv thi... Mort!!.age
<br />12. RemC'di~ Cumulatiye-. AH remedies pr(luded Hl tht... Mortga~l~ :uc distinct and cumulative to any other right or
<br />({"mcdy Illldn thl" M\~ntr~;i~(" ,)f ;ltfo;dcd f'\' la\.'" nj' \~qultr .md may ht.~ t.'l;.t~rcl"cd c.-mc\.lrrentl\'. independently or successively.
<br />13, Soce........rs and .\s..ijtn. Bound; Joint and !Ie..",1 tiabit/ly; Caplio"", The coven.nlJi and agreements herein
<br />contained ...haH bind. .1f''!d thl" rii!!1h nt.'rL't:mje-r ~haH IflHre tn, lhC' n.'"pe..:-tj\,c ~IICCC~S()rs and as'iigns of Lender and Borrower,
<br />'iubie~-t h'l :h.: PHlyi...a.-m'i pf r,;Ha~t.'lph 17 herc\'d All ((\\'t,'n;.uHs. .-Hld agreement'> of Borrower shall be joint and severa1.
<br />The -.:;!rn{.;n~ <:!fHi hca\.hng.... {'of !ne paL~~Dph.., uf ihi... \lortgif~\~ ilf\' r0i' ,:onVt;rjlt;-li-ce ..,illy ~nd ;H"~ :h?T. !0 toe jj~ to
<br />interpref 0r definl.': the' rrl"- .,ii-'n" ht'r\:,-lf
<br />14. ~otkt. F_x\.'cpt ftH anv mHlce rCl{tlir~'d under "lpplkabk law tt~ be given in another manner. (a) any notice to
<br />B1.....rrowet prt'\-'Idt"d for m rn-j~ Mmt!la~e shaH he ~lv<.:n ny maliing ..ucn fwill;C by -.:enified mail addressed to Borrcwer at
<br />the Pf\.)pen" -\ddrC',:\ ,~r ,il ..m:h ;:n.hcr ;H.idre...,' .i\- Bl~rrp'l,"cr nuy de"ll.!.natc Mv notke to Lender as provided. herein. and
<br />fh) an! noli:.:", 1(\ I ~!1JJ.:r "hall ~. ~!\t,:fl ~\' ..:entfie;J rn;HL rett!m 'rc(t..'"q",~ f-e-qut~ted. to Lender'..; address stated herein or to
<br />-;,.:~h ,-)~h.::r ;.d.d;~~\-." ~,<;, L;:l~:!ef ;:;:1\ j~~;::,U~:1!::' ~., ~._,!tc': 1.-, R.(1~WU.(<!' "'.:: ru'o-.,,-ide-ti ht'"ft:'m Anv notice provided for in this
<br />~fOttgagt" ~haH he Jeemed h.' h,)\(: h,,;-t."ft - ~J\Ct~ l() BOfft1WCr ,'lr 1 cnder wh~n gtven tn the manner designated herein,
<br />15, llniform !\1nneate. (;.on-mine 1.-3,": ~u't'abHit~. Thh iNm nf mortgage \-'omhine-s uniform covenants for national
<br />US'C and Ilo!l+ufuh_\rm ";l-t\Cllanh "..th IHUlt\:.J \,lrt.itwn'!> tw llt[l~dil..,tlon t.) .;onslltute a uniform securit)' instrument covering
<br />reai rl(~r,<,r!\ !"hi", \10ftgagc ...tuB he ~l)\..:med !--\ 1he b.w ,)f the lUn,(.itcfion In whtch rhe Property is located. In the
<br />event ~h>.i.! Ml\ r!i.'''!~!l'!1 ,'r ~'L!u,t' dt t~1!... \fl1:-1~..igC l'! the '\H~ ,-'.lnHi.:;h \.\.ith i.tpphcahle taw. such conflict shall not affect
<br />\)lheJ i"!I\\ l't\)lh ~\i rfl/', \1orq~,,~(" ,1;' !flt' :'\'''1': wnp...:h uH1 t',-: t:l~-cn dfc"t \1.,ithOtll the c(''Oftictlng pro\'i!\ion. a.nd to this
<br />end the pf\l\h.il111\ ill 1m.- \il'rtgage .wd !he '..AI.;." .I.r~ i.kdalt"d U he ,(vc-rahle
<br />16. Bornl\\'er'!j; Cop~. BOrrf"\\.:r ...h~dl roe forlll...hed a <i.\f1fllH1wd l.l'I"Y l1t the Note ~i.nd l.)f thi5- Mortgage at the time
<br />l~( ('\(.'\:ulion ('of ,dlt.'l n."l,'rdatll)n hcrei..,f
<br />17. Tramff'r of the Pro-pertl: As.."io.umplion. It :.IIi IX ~W) t'clrl ;)f the Pr\)perty 01' an interest therein h sold or transFerred
<br />hy Borro",'.er with(lut Lender'~ rrHlf wntte'l ,-'t.1n\,t:nL ex..:1Hdil1~ Ln thi: (ft'Jti-On l1t ;} lien or encumbranl:c !tubordinatc to
<br />lhi" Mong~g-c. !~) the ,,:,rei\ti\.f! ll! ,\ rllr~h,J",l'" :tw-ney "(:~:urH\ !!ltt:fC\I for hnusehold appliancco;., tel .t trans.fer hy devise.
<br />~ent ~H' by ()pt'j~itll,)O ,-.1' b~ upon the death ,If ., !\'IfH tenant tlf illlH tin tf;r T I f H~: I r Ill.. hi inti"., at lRU' :"ilR1O Sf I.,
<br />ill Jul" -~' 4. HI ,,'i , fl~ l-enJer !Hot;', ,It lender'" opllon. decl.are ail !hc ;;;unh <;;ecllred by thi$ Mortgage to be
<br />'m~i,i1atdy du~ ;mJ ra)4~k- 1 cnder --.;hail h~\-c \\-.dl\-t:d ....th"h ,_'poon t" i'li.~'l..'elenUe if. prior to the ...ale nr transfer. Lender
<br />JO'" the per:\on ft.' w:wm the Prt1f't'rt\ h !,~ be \\lIJ \,(' lrj:f\~h::rn,,'d rcadl '-'gr~ement in wriung that the ~re(.ht of such person
<br />j~ salisfadi.)f) {;J I t.'"nJcr .ino th.1.t the mtefc..t Pi)..tbk ,om th~ ...wn.. ~t:"'lIred hy fhis Mortgage '\hall he- at ~uch rate as Lender
<br /><;.h.H re-l.{U<~L !!! t'lldtr ha~ W3IVe-J the ~;ptlt,'n !{, JC~eleL-lh: prOVided In thi.. paragraph 17, and if Borrower's successor in
<br />mteT<<t ha... e},;e~u{ed a wnHetl dSs.umpHQil agrc-COtt:nt at:I.:e-pted in \t,rittng h~' I t!nder, Lender s.han release Borrower from all
<br />,,::bhg~icn~ t:nJer :hg ~t0-rtgage and !h~ Note
<br />If Lender e:\er...:i"c~ >;.u~h ,)plH_'ln 10 aCI.'elcr.Hl.:, t (,;oJef ....tull !ilJ:Jl t~{)rhW'''l..cr notice nf ;ll.:'..'eieratiun in a';"l.."tlr-,tau~c with
<br />paragraph !~ n:erc\.l! ,~~~Kh fh:-'>lICC '..;hali r'r(w,Je ;1 penn..! l'I n\.1[ ks.... dUI, ~o Ja~~ jfl1rn [he date th~~ O~iik-c i... mailed within
<br />",-hlCh !kllf\")wer ma) pa~ the ,-um\ -decLlred du<. It BOH(HIo.-cr t_J.1i" rl' p"!'\ .,u..'!1 ;~:lm~ l"fh)!' h' the C''\pirath'Hl ~\f ;;uch pt:riod.
<br />Lender may. without further notice' nr d~mitnd f\~ MOl ft'....cr. j:l\'tl~C dn~ rc-rrH.'(hes i)C{ Ilitued by f';:uagraph i ~ hereof,
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<br />NoN~li:Nlf{)M.M CO\fl: r-<A..... rs. UOff('","'cr ~wJ l,cndl"l fuither ..'\'\<<:0,\111 ,IOJ .l!!(C'c a~ wllows:
<br />11. Ac~ioR; Re-~dies. I-:X(;t!pf ib p-ru..kkd in p~rll&faph 17 herf'U{. upon Borro"'efls breach of Dn} ro\'cnant or
<br />.~ of Ikvrowe-r io this ~'firtg"et indudina. tM l'O\t"lumb to .l8) ~ht'n due an~ '--\1m... .w,"und by lhis ~torIC.e.
<br />l:.elodoN- prior 10 1K'<~"'ratioa sbaU m.il nutke t" 8ono>..r .. pl'O.id~d in parlll.l'.p" 14 hereof opedfyi...: i/llh. "....,h:
<br />(1) tM adloot rO<fWM 10 t..... .""" .....lKh: (31lt d.I., ....t I... tha.. 30 d.y' fro... lh. date lhe noUt. .. mailed to Borrow~r,
<br />by ..lIkh !ilKh hft.d. _t be t..JflI; and (4) thaI lalI..,~ 10 ,'Uft .uch b..ach .... or befo,. lhe date .ped/led in lilt: .....ke
<br />->' .....wt '" JK,'..t.rltlloot of lIw .0,," ....tuJfll b. th" ,\lor'~aa.. f....eel<..u.. by jud.",..1 proe,""dillll and...... of Ihe Propert".
<br />-'-M ~ Iihall f..nber "",,1m Borro....' "f the rillhl to r.i....l...e ..fie' ..enleralion and lilt: ,Ighl 10 _rt in the for<<......'.
<br />1'<<"'.... 11M _........ of . deI...1t 0' an. olhe, "..r~_ ..I Borm..., tn .,,,,eleralion and fo'nl....."'. If Ib, br..."h
<br />.. ..... cllftld "n Of "",.... the _ "",<Iii"" in t"" lIt.llu, I."".. a.. I..nde,'. "plio.. ma) tI.el... .11 "f I"" ....... ""cu....d by
<br />tWo ~ 10 "" irnllK'd"''''I, d... and ,.y""'" wilhout lu,ther .......""" and may I..reel.... b.iutliclal proc.",tli.... I.end..
<br />~ .... f'adUtd to t:oU",'f in ~w:h pr--oc~...dl.. aU t"'lpt'n~ of rou:du,"un. tftl;IQdina~ huc nut limited to. l'Ofol-b ul dtlcunu~tlt.l}
<br />~..Wetst:#~ ~nK't;f aoo thk ",",.n...
<br />t.. aonuwert- JtlCb. to kf..'tIl..... '\;~'-t.....'Hh~t,.H.d\qF I ,,-'otkt-.,. :H.,~'dc_;d.l(tm !h( ,;'m... ~t",,'U!l~d hI,' \'n... M,\!I~,\~t'
<br />!'k~rhJ'A't,'f ..hail ~Jl~'1;~ Hit' dgrH 1>' h.'t\,~- .lll} l"(i'-4;;-';':UIIli-!'> h(,~I._;l1 h, I ,;,-~',J{:t ~.' (",.,;"-~hl" \"If,- \1,>I!j?:"-tit.' .ji'>",:I.H1IHH_!.::J .;1 .J'~\
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