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<br />84,......,
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<br />005117
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<br />I.cnch;r\ V.;fJU",1l agrc~ment Of applicable Ia.w. Borrower shall pay the amount of all mortgage insurance premiums in the
<br />m(lp:~ier pruvidcJ Linder paragraph 2 hereof.
<br />./' Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional
<br />mdeblcdne". of Borrower secured by this Mortgage, Unless Borrower and Lender agree to other terms of payment. such
<br />amounts "h.1l he payahle upon notice from Lender to Borrower requesting payment thereof. and shall bear interest from the
<br />dale of di,borsement .t the rate payahle from time to time on olllstanding principal under the Note unle", payment of
<br />interesl at such rate w<'uld bc contrary to app!icable law, in which event such amounts .hall beaT interest at Ihe highest rate
<br />permissible under applicable law, Nothing contained in this paragraph 7 shall require Lender 10 incur any expense or talce
<br />any actjon hereunder.
<br />8. llispfflion. Lender may make or cause to be made reasonable enlrie., upon and inspections of the ProperlY, provided
<br />Ihnl Lender shall give Borrower notice prior to any sllch inspection specifying reasonable cause therefor related to Lender's
<br />interest in thc Property, '
<br />9, Cundemnation, Thc proceeds of any award or claim faT damages, direct or con.<equential, in connection with any
<br />ccmdemnatinn or other taking of the Property, Dr part thereof. or for conveyance in lieu of condemnation. are hereby assigned
<br />Jnd shall he p.;ud to. I,ender.
<br />In ,he even' of a rotal iaking "r ,he Property, the proceeds shall he applied to the sums secured by this Mortgage.
<br />\..ith the C-\,-'l''';~. if any. r~lld I,) BOff(lWer. In the event of a partial taktng of the Property. unless 1;iorrower and Lebder
<br />,)thCTWi"C' agree in \vriring, there sn.1U he applied to the sums secured by this. Mortgage such proportion' of the,',proceeds
<br />~l<; IS cqu.ll 10 {hat f"lf(\portion which the amount of the sums ~ecltre-d hy this Mortgage immediately prior to the date .of
<br />tJ:king hc:u<; to the Lur market vallie of the Pre'pert\' immediately priDr to the date of taking. with the balance of the proceeds'
<br />raid f() Borrowe,.
<br />If the Property i" .-,b:,wd0f)cd to\' B{~rfow{>r. or if. after nmice- hv Lender tn Borrower that the condemnor offers to make
<br />,; n award or <;ettk :l daim for dam~ges, Borrower hits to respond" fo Lender within 30 days after the' date such notice is
<br />m:ufed. Lcnch.::r i\ ~-Hrth0rilcd h) coHect and apply the proceeds, al Lender's option. either to restoration or repair of the
<br />Propert\' or t,) the ...urns. Clo~cured hv this MortQaJ(e,
<br />t.n!c....... lender J.nd Borrnwer 'Nherwi...c agr~ in writing. any ,",uch apphcation of proceeds to principal shan not extend'
<br />t\f j.).n'itp,pflC ;he due date ()f the month~\' instaHmC'na referred to in paragraphs 1 and 2 hereof or change the amount of
<br />"lien Installment...
<br />10. Borro",'er !'\ot Reteawd. E\ten'\ion ni the tlfne for payment l)r modification of amortization of the sums secured
<br />hy thiS ~-fflrtgage granted hy Lender to any "iUl:ceSSOf l!) interclil of Borrower shaH not operate to release, in any manner.
<br />the hahilif\" ,)t the nri!!InJI Borrower ;lad BOrrOYler's successors in intere~t._ ~__~kn~:_~:_:h~_~~~~, ~_::~:~~~~:~~ t~.!'C?~~~~~
<br />:;fi',;::~("~;i~k~" "",,<,. i",: ";;":" ... H~'.'~ ,~~.-. _ ", _.. '~"""': '....,....._. __;.,._".", .,..,~...;.,'""~g, <-"'; <~ "'''-'':"..''''
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<br />secured oy thi, Mnr12:3C-C f-.... r~a..t'n Of ;ul\-" demand made lw the t)f;s;. ' Borrower and Borrower's successors in interest.
<br />1 1. Forbt-2ranc~ .;" l..eudef 1'Iot OJ WIuVt"f, .\nv fo{hearat1.:,~ ~\'! -';.J~r in cxerds: 1~ any right or re,medy hereunder. or
<br />lllhe-nn"il' .ltTnrded rw applicahle ;:!"J,' "~D:H nd! he' '-! w<l,i\'~;, l' prt:;dude the exercise of any such right or remedy.
<br />The pT(~urcml.'nt (1f insurance "U th~ paymeot ,)f 1.1\...." \lr t\thcr iil'ns pr thargc~ hv I.ender shan not be a waiver of Le-nder's
<br />right t<' ;~":;,'rkratt if"" ma.!Urit\" ,1r thr mdehtC'dnc"... "'<.Tlln:d tw lhi\ Mnrt~a~c.
<br />12. Remt'di", Cumuh.th'e. \ll rcmei.lIc\ pnn'u.icd in thi<;. r..f()ftg;l!:!l~ are di,aiOi.:t and cumulative to any other right or
<br />remedy llntkr {hi"i lI.ft1rt.C.tlg..: pi ~dfor..tl"ti bv IJ\\ .'1" l:quip.,', ;Ind nl,l\' hi.: e\CFcJ"cd cnncurrently. i.ldepcndently or successively,
<br />]3. SUCf.'b~n and '\~n" B()und~ Joint .and Se~eraJ Liability: Captions. The covenants and agleements herein
<br />contallle,j d1~~1l bind. .10-d the I i~tH" htrt'uluJer \hall H\Ure to. the r\'''pcctfl.:e ':>UI;Ct'S\OfS and a'isigns nf Lender and Borrower,
<br />"uhjc\..:! !.\ \11;: ~""\r~IYhI0n'" u! ;':E _H~r.1ph j' hef(.nl ,\Ii <.'l'IH'(1,ln{<; :.tnd ,li~fl'emefl!<; l)f Borrower shaH be .loint and several.
<br />rile .;;:pt:!'m. .~n~~ he.admg... ,-"1 !nl.:' p;~r.j~f.l~~h~ '.'! lhis \t~Hlga!h.. ,l'T ('>f' Ci).nY~nien-.:e only and are not to be u~ to
<br />mte-rpre( C'r Jennl' !tv' ')-n'\'J"I~Hl' hert:pi
<br />J4~ "iotke-. F:\~.:;p! r,'r ::tH\" notKl': '-"~lFnred undn ,IPplic..:hlt: !.lV. 1t1 be given in another manner. (a) any notice to
<br />Bonl~we!" pro\"lGrJ f~1r ;0 :f,j\ \h1r1l.!<ttC 1,l't;lH tx- "::l'l.l.'"H by rn~lllin~ "uch IHJllCe bv rcrtified mail addressed to B"rrower at
<br />the Prop<i1v \.dure..;;" ~~f ,~:; "tKh \'t;H:r ~\ddr::"\ ;1'\ H,)rr(~~a fl!,"~ de-".,gnalt." OV ~otke to Lender as provided herein. and
<br />!h) an\' no{)((' In i t~ndcr ...}ull he ,~~n.cn t"-\. '..:crtlfieJ m.llL relWO rt.'(~1l)1 n~qlte~ted. hl I ender\ address stated herein or to
<br />'i.U'CO ..1[ht:"r :ddrt'.... " ! t:nde-r n'"!" ;.h..,.!>.:n;tt~ r-..'- !1t\licc td Hc,rr\l\\-cr ;"... prOVided herein. ~\ny notke provided for in this
<br />Mr-rtga,!:~ sha.n be Jt"t:'med h1 r:I\(' bt:~n ~,\{~n II) B{urower flf lender \l,'hen !!IVen in the manner designated herein.
<br />J5. l'ni(orm l\torts:axe; GOH,~rnill' 1 a"'~ Sf:'\-~rabHit)... Tl11'~ f\\rm of m{"'lrtgage ~'\1mhine5 uniform covenants for national
<br />~l~ and nOi'H.~:nii;..;'lm .....,~ye-n~n!'\ ~~ lih hm:!bJ ".lrij!h!!lS. tw lUfi:-;dkti,)!1 11..' .,:~msHtlltt a untfnrm s.e4:u!ilv instrument covering
<br />rc.':3! prOfX"r!\ rhh \t\)rtg,l~t" '\h.dl ht." :.?'1\.~:rned bv lhc'Iii" pf the iunsdiction in which the Prope;ty is located. In the
<br />event that ,il"1\' ~"I\'VISll)n \'1 ...-i.Hh~' '..11 tin.. \t,H1g,j~;: t'f the ~('h.' Ct)otllcl.., v.ith <lpplkahle law, sut::h conflict shall not affect
<br />nthef prl'\,!"'l(10'\ \.t' (11;'.. ."t,)ng4:t' ,'11' ;hr..' .....tlll;: whH.."11 <.',In t->i.' !;\vt."O I.'!t"t."\.:t without the conflicting provision. and to this
<br />end .hlt pfon.'>,,-'!', ~'f :h( \fort~a~f ,lnJ th(' ....,'!(" :lre di.'..:blrJ It, he \t'\teranlc.
<br />16. BOfTt.n\;~r's Copy. 8('rr,y."'~r ,h,lil ~~ tUflli..heJ i.t (""nh)rm~d L'(1PY nt the NOle ;lOd of this Mortgage at the time
<br />(1f t.".\C.."t'1i0n ~lr ..1fH'r rCCI.)rdall\'11 heH~\,f
<br />J1, l'r:msle-r of the Pt~pe-rt~; ASStlmpl!O!!. !! ~di ~.lf O!ny r.1r1 cd' the Pnlpcrty or.an interest therein is sold or transferred
<br />hy Borrt'~..cr V.Uh"lli i.rru:kr's rflcr wrinca ~'l'lhnlt c.'h'iw..img I.ll lh~ \~rl"<lilOn ~\f a iit'fI 01 ~iic\imhr..;iCC ~;ubcr-J:ne.te h."
<br />thiS ~tl.)rtg.1~t'. in} !he .,:re,1tll...n nf ,\ pllr~haS-t.: nli,lney \(';,.:url!\ IHI(~re~r !j,)f ht1lf,\cholJ appliances, tc) it trao'\fcr by de-viae.
<br />dC'M:cnt \'r hy l'f~r.Jtiofl \)( Ll..\ Urh1!l lilt': Jeafh ,-',t ;l 1\11H! tenant N i JI tklll 3m 11 or MIl._ I UntRoh. IR.or..' at tAnlll }'I8M1 'F 1.1lI.
<br />~. Iil~'~ d f' r" Ii T7,tUl'id I :"'Dlkr may, Jt L~!l(.h:r', \1ptH.'n, dedare all the ~ums secured by this Mortgage to be
<br />lmlneJia!dy due .~H{j ra).1bk, J t.'nJ..:! "-lull h.i\"(~ \\.il\-ed ,qh....h \lptH.)!1 10 atcl'krate It. prior h" the \ille {If transfer. Lender
<br />and the pt'IMl!1 h\ WhL"ll11 the PTt~rt"t~ 1:- (,. be- '>l,hl l1{ IHt!Fdt'[Ic-J n:adl :tgrecmcnt HI W1'ltl{l~ thilt the ~redit of such person
<br />i'J $ati~L~...hW" h'" l.t.:ndC'r ,Hld HUt !he 111(t"fe..! pa...iblc l\n th..:- ",U!ih ...<...lJr~d lw lilt..; MtUig<igC shall he at such rate as. lender
<br />!ihall fn.,UC.!,! !t l.ender ha.\ \",.-i;\'e.J the <"r{il~n f<) _h:l.:ekLth.' rrO'o:dect H) !hi.. p.Hi.igraph 17, Jnd if Bi..')rrower's ~uccessor in
<br />lOle.rest ha' e\eGHed a \,I.'nUl'n ,~s.,.tlmpllOn .lg.rCt:ment ac(:~r!ed in \Hitlllg t:w f.t'nJer. Lender ..hall release Borrower front an
<br />obIigauolH ..mder thl:" M~)rtgage aHu the !\;I..."tc.
<br />If I (ndCf e-'cf~l..l'", >..lh:h "P[I{\!1 fn .l...:..:ekLiI t.". [cw.h:r ,h;lll m.Hl fklff"t1Vtl:f lH'O'::C of a~:(:elerall(1n In ;!("t\lrdance with
<br />p.atagr.lpn :4 hen."H;' S.uth IhHi"'-:~ ,h<ti! ;:.'!~\VIJe .'l. r....ri\\-d \,1 ih~{ k"'i rh:tn y, d~l~-'" {fI'm [he date the notitt. i'i fnailed within
<br />wh<<.:h Borh'!\\.cr rnay p.l} the "um~ dCI..'idred due J! .Bonil""':, f,ld.... h' PJ.\" <.;th.:h ...!llth pnpr h) the (',\piralJOn lIt' '\uch p~riod,
<br />I tnJt:-f may, ',l.,thuut further n~lhCt' \If ,kmand (HI Hl1tH1V,';r, :j\,,~~ ttll\ r'-'IlH.."dJes pt'lfllltled hv rar~igraph 11\ hereof.
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<br />NQN.U"sn.nIi:M ('O~E:-';.4'1~ HOi'!ower ,mJ 1 enJt'r turthef l..o\"".n.:nt .Hh.J j~fe-~ <-l~ !\'!Ih'!ws.
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<br />18. '\u'mradoo; R:e~ f:u:epl ~ pro\'id~ in par-aupb 11 herC'oL upon 8orrower'~ brellu.'h of Itny f.'o.'ena..t or
<br />1tCfte1lWu:1 of Bonu""tf in this \lort&aat'4 indudina Ihr nuenallh to Pit"" "ht"n dtM' Ilny \UutS .w,.urt.~ by this ~lof.I"t!,
<br />lAAdc:r prior to llCi'eier.doa shaJl nUlil "oliet' to Bono~'t'1" 9., pro\rited 111 parMlrapl' 14 h~rt'C)t spn'iilJlIg; 0) ihe bfe4Kh~
<br />III tlM lIrtioo roqulred 10 ~..... s",'b b...ach; 01 .. d...., not ...... tba" _'0 da), Ir..", !~ date lb. Ilotice l!. mailed 10 8orro......
<br />10) ...1Ik.. _h "...ach ...... to.. ,'.....d; ...d HI th"t lalI.... 10 "u,. ,u"h b,..."b 00 0' hofo,. lho dot. .,.~Ui.-d In lho nutl,'.
<br />..,. ,uuit in iKf'C'iftltdou of ,he- ill"" ~e....'urM D) .ita 7liorj~..c;. fOf'~'dn3ure by jmli~Qd pf-u("f.o1iiiii dud ~~ nf the P~!1,.."
<br />1'.. notice- d..d turtiMf lnittfm 8OtTU~tf of dl-~ riah. to ffin~i..t~ after W1f.:,'ekntiwlt liind iht" tia:hi to ~;JK-tl in the fortt!otiurf
<br />IM~ the fMJIo.-..iWea<e ()( . iJ..thulItc ur lIn)' olher .fem.e or 8orro"\!'I' 10 ."'t'tl'lnatintt and fo~lo&un'. If tlM bread.
<br />It: ROt uut.'d 0" (W' bt-ftl.ft Hi. da(e ~dne-d in 1M nudct" ': I t>>del' at I -e..d~f.JS opt..... IfUlI", d<<'lar... aU of tltfo !loUQllII wcurC'd by
<br />thk ~tool" to lte' tmVt-f'dtMd, d!M' .ad pa}8tJh ""itnou.t 'uunit' ri~Dulnd and nUlJ fm"~do\4" by judi.~'itll proeml.., 1 -tude..
<br />'Ii..... b<t t'utifk4 to \'o,lk\'. tn uk:h pHMo: <<-ding aU ",'i.pt:'n~.' (if fUh'.d{it!fun". huJudJ-nl. hut not limited '0, ('t)sb uJ d(~'unJe"t.r)'
<br />H.M~~ .bW,-.::t~ ami Ihk ft'po-rt",.
<br />!9', e;.::-::-~::::'~ !!:!:h~ !..,~ ~-e'~~~~ '...:..,,..~,-dH.l ,n"!',,~ j '-Htl.:'"',, .'h'~""f.;;n ,~l !tW ,dllh "-t"<~Hi:d \1\ ihl" \i\~it.t:j~j,1l'
<br />~n...~\\-e'i -;hi:!jl h~'''f !h~' nghJ ;'U\l,' ;,nOI !'r....;. ,.-d.;,...:, hi,:gu;! {C-r.J('i ;-.' \"nl"h~' d1P, '1uH~.l.g!.:' dj~"'\..'jit~f!lH;d .;: ,tIn l:flH.'
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<br />N 1 r';\ H, a 4
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