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<br />f .en(h.'r\ wrHh..11 .tgrecmcnt or appli..:ablc taw. Borrower shaH pay the amount of all mortgage insurance premiums in the
<br />manner provided under paragraph 2 hereof.
<br />,"ny amounts disbursed by Lender purse.nt to this paragraph 7, with interest thereon, shall become additional
<br />indeh!cdnc'is of Borrower ",ccured by ~his Mortgage. Unless Borrowe-r and Lender agree to. other tenns nf P&)'iii€iit. 5tich
<br />amount!; shaH be payable upon notice from Lender to Borrower requesting payment thereof, and shall bear interest from the
<br />date of disbursement at !he rate payable from rime to time on outstanding principal under the Note unless payment of
<br />interest at such rate would he contrary to applicable law, in which event such amounts shall bear interest 01 the highest rate
<br />permissihlc under applicable law. Nothing contained in this paragraph 7 shall require Lender (0 incur any expense or take
<br />any act~on hereunder.
<br />8, Inspection. Lender may make or calIse to he made reasonable entri", upon and inspections of tbe Property, provided
<br />that Lender shaH give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interef;lt in the Property.
<br />9. Condemnation. The pn'Cceds of any award or claim for damages. direct or consequential. in connection with any
<br />(ondemnarifm or other taking of the Property. ()r part thereof. or for conveyance in lieu of condemnation. are hereby as.~~gned
<br />;md "ihaf! N:- paid fn Lender.
<br />In fhe event of a total taking iJf the Pr{"lperty. tne pHJ(;ttd~ shaH hi; apphad to the sums secured by thi~ Mortgage.
<br />with thi.' l'\CC"'-"_ if any. raid 111 B,"'\rrn,..ver. In the event of a partial taking t1f the Property. unl~~ Borrower and Lender
<br /><'lhcrwi<e agree in writ mg. Ihere shan h-e applied to the sum, ,,,,,ured by thi, Mortgage ,uch proportion of the proceeds
<br />;IS l'i e-qual to that r>fofX'TtiNl which the amount (\f the sum" '\ecured by Ihis Mortgage immediately prior to the date of
<br />t;:tking hear.;; to [he fair market value l)f the PrClpert\" immediately prior to the date of taking. with the balance of the proceeds
<br />raid to- Borrower.
<br />If the Pn"\pen~' i\ ,1b~:.ndf'n("J hy Borrower. or if. after notice hy Lender to Borrower that the cnndemnor offers to make
<br />an award fir ~enlc ;) daim for damages" Borrower f3iJ~ to respf~nJ to Lender within 30 days. after the date such notice is
<br />mailed. Lender i, duthorilcd to ,-',Jltcet and apply the proceeds. at Lender's option. either to restoration or repair of -the
<br />Property {If tn The 'i.ums 'i-c\.:"1.1re-d hy lhis !\fon~age
<br />t~lllcs\ I ender ~lOd Borrl1wcr otherwi"e agree in \\-'riting. any such application of proceeds to principal shall not eJC.tend
<br />or pO'itp\lne the due date of the monthly installments referred to in paragr-aphs 1 and 2 hereof or change the amount of
<br />'llch lno;;tallment<;_
<br />10. Borrower Not Released. F\tcmi!on 0f the time for pavrne-nr or modification of amortization of the sums secured
<br />hv [hl'i ~f{)r1gage granted l1v Lender h' any \ut:ces~(\r in interest {)f Bnrrower shan not operate to release. in any manner.
<br />the liahility ot the {.rigin'-ll Borrov.'.er and Borr('Iwcr'" Sllcce~"'Of~ In iorer"""L Lender shall not be required to commence
<br />prelCceJjngs again~t o;n~h <it!c-ceSiOf nr rcruse m e'tc(IJ i;lil\: ~',-., pJ-O-',;-r;:;~ .j" c:h:-:""."df.t' ~'"X!!fy &J!1{\ni7.~tki-ij. nf ~f-.e :;.:::"'2i
<br />'\ocurcd hy this M0rtgage h-- reas.nn ~}t ~1f'lY demand made b~' {he'- 'i~i gorrower <:md oorrower's successors in interest.
<br />11. Forbroaranc~ by I..endt'f ~ot a "'sherr, An. fnd1earanl.'~ b\ Lender in ex.ercising any right or remedy hereunder. or
<br />orherwi...e ;itTr'lrJcd hV appliL.:aHe Llw, "hall oN he ,1 waiver {1f or preclude the exercise of any such right or remedy.
<br />The procurell1ent or insuran(C' (l-r the [):!VOlt"'flf '.'11' t;\\e" ('( ntncr lien", {'r cha.r.f.:e-~ ny Lender shaH not be II waiver of It..nder's
<br />right to ;i(cl.'l\.'rah..' !hc ma.rurit\" ,If nll' ;ndl..'hf(~dn\.'"'' "'I.'~~lr~d hy thl., ~1ort~age-.
<br />12. Rt'medies CumulaUvl'. -\11 remcdie, pn.nldt"d in ill!'<. M(}rt~~l!!:e ;m: dj~rim.~t ,wd \,:umuhltive to any other right or
<br />remedy under thl' ~.1~'rt~~I~l' (1.-1" atl,1rd~d b\ 1<1\\. ,It \,'qUlI\, ,lIh.l mav ht.. l."\cf(:i"i(~d L'of1currentlv. independenll)' or suc~ively.
<br />13. Succ~,,>r, and A"iJ:'" ll"'IRd: Join. and Sneral UahUlty: Captions. The covenants and agreements herein
<br />~:pnlaineJ sh..!.li hind. ,1I\d the righ!.s hert:undc,r ,hall ll1t1re h'l. the tt:"'pe-ciive ...m':-~cs...ors and as.~igns of Lender and Borrower.
<br />'wblt:ct h' !he pn..lVl'i-1l.Jn'" pt p<iragrJph 1-; her~t'L .i"il -.:..nTIl<1nl:) >lll~: ....~,>:c;';..;;:~:.~ ~~f 2Grrt~w~r ~~t!.H he jOint and Sf!veral
<br />The "'-"ptj(~n~ and ht:'admg~ i"!f :ht: paLl~r.trh.. ,"1f thi\ ~i{irt~agc aie f(li' (l'fiVemcncr f~r:iy and are not !o t:;;g l~d to
<br />interpret nr define the prm l'..j..__'!ll' hC'r~l\t
<br />14~ ~otice" Ex..:ep! kr 30;: Ih)h.::e r...qlliri.~d unde-r ;lpp!i"""I~"le !a~ I,) be given in another manner, (a) any notice_to
<br />BOfH'wer pn.n Hied fOf ;" ~ki..; MOrlgagc ...hall he p\l:n hy rn;llling 'lH:h notice: by certified mail addressed to BOtrower at
<br />~he Prorerty Addres.. "f .H ,u(h i,the!" .iddn..~,.. .JS n\~l rl\...."'r 1l1,\y d-t--<iI!':n:HC' hy notice tn. Le:nd~r as provided herein~ and
<br />(h) any HI..'lK\,'" to I_cnder ..Ttd1i ~: gl\'cn hv (,t"rli!lcd rn.lll.. feturn fi,.'l"ClPl requested, to Lem.ic:r', addfe33 st.ted he-R-iii ,,'Or tc
<br />'lIch Gtner .lddn..~... ,~;\ 1.ender mil" d~'iI~l',1!'" 1-'>\ n'.'th:l" I,' Rnrrl)Wer as rnwldcd htrein. Any n01ic~ provided for in this
<br />M0rtg~1&e s.h,J!l he ..J~t:med !;.) h~l\l,.' {'t;((1 ~I\cn 10 ROffl1'A-t.'f t)f ll'nder when gIven in th~ manner designtlted herein.
<br />IS. Unifo-rm 'toncact'; (;o''t'min~ La.; Se'loerabilU). l~H... h'rm fIt mortga~e ....omhines uniform covenants for national
<br />ll_o,.c .1nd n\..n..~H1if\),m ...,~q:'n.:H:!'"' ..,ith llmit~d \ .1r,.'ttIOlh h\ !Ul'I~dl"'lion tfl con'i-tiwte a uniform security instrument coverin.
<br />real prnpert\, fhh ~k\r;~Jg.: ,Tu!1 he !!:(n.':I"Hcd f1\' the I3w ,,( :he IUf"lsdiction in which the Pr~y is located, In the
<br />c"'cn! In;,;1 :.H1\ rf()'\~I$h.\n ,'11 ...L.\\he .,f thl'" ,"h'r1S>1~t: _1(. tht., ~Il!(' l....'nf1icf~ \\ lth :.tpplicahle law. such conflict shall not ailed
<br />;-'ther pn'\-i\h)O' ,'f Ill:" \hln~,-1~t' ..,r {hI.' '-pt\., .."hl....h "'-"'0 hI..' ~l\"en clled \\'ilho\lt the conflicting pro\'ision. and to this
<br />('no the Plil\ "l~lns ,,,, the ~'lf~rt~age ,md tne "..;"lle ,1rc d<.~\:I.lf~d hl he o,cvcrabic-
<br />16. B4.lrro"~f'S COP}. Borr~"l\o\!"'r ...hall h: fHrnl'hed a ;,'I.'nf..1tllled n.....py of the Note and of this Mortgage 301 the time
<br />\)1 e''''~tjtlon 1."f .llter tl">.'{}rd;ttion ht:fc..~f
<br />11. -rra.hr of rite Properi~~ A~umpilun. It all iJr nO'll pgt ,'t! the Property rH' an intere"t th~rein is sold or transferred
<br />hy Borh1wcr ~jthOl.lt lender"s prwr wrlHcn ,:r..n....ent. e\~luding (.11 fht.'" ("r\,'ation of a lien or encumbram.~e subordinate to
<br />ihis ~iortgag;:. in) ~he ;.,:n:~tH"'n c'( ;, pl.li..:h'i......" nwne~ ~c\:urit!'" mlen:S! fllf household appliances. te) a transfer by devise.
<br />Jcxent \If ~y 0pcrallon c"tf !a~ upo,n the death of J .hllf1l lenanl or Ii' ti<l t BfaM1 tli Il"~ '. 1 i- 't 1"\1.-" i'~-UlfU } un If !:u
<br />~ TJ~' i-.' J 11F1 J'f( fA. ~ , r:'" 't i _i.~nder IndY" a1 l endc(\ ,,'puon. dec.lare all (he sums secured by this Martgaae to be
<br />'mmedlatdy due .llH1 paY.Jt'lie I t'l1der ,hall ha..,c \.\.H\cd ,u~r ('pilOn h1 accelerate if. prior to (he ~ale or transfer. Lender
<br />.;in...! tht: pcf~"'ll h"t \\-hurn ~h~ Pf\lpe-l t~ 1'\ h) ~ s,-~ld l)r rrao..tcrred rca..:h Jgreement in writing that the credit of such person
<br />:s. 'Sat1sfa\.:'h.\f\ tll 1 endcr ;md flul lht.~ intt'r..:...t ra~..Iblc l'n the \um'i .r.e.;ured h~ this Mortgage shall he at such rate as. Lender
<br />s.naB requcs,t If 1 ender ha~ w.u\.eJ rhe- l\pth)fl t,) .\;':i,.'elefdh: pnwlde-\l II) this paragraph 11. and if Borrower's s.uccessor in
<br />iOtel'('~a ha~ e~ct.:llh;J oi ;""fiHen ~i;;--;;.;.mr;-:0n .:.greca~~rH ::i..:....cp!-:d in \.I..riflrl~ by Lender. I.ender shall release Borrower from aU
<br />o.bhg*ihonlJi under fhi~ M0rIg.Jge and the N(ll~.
<br />If Lender e\e:r(:!:oc~ "-ul.-"h l'ptlOn t\.' a..:celer,ilC. I ~nJcr ,hJ:H mdil B0rro\o\-cr notKe ("tf ac,;elenujoo in accordance with
<br />pafli~raph 14 L..ertt,L St~h n>tHh;e .,hili! pr,,-wide ;~ ~fllhi ()f OlH k~... fhan ::\0 da\', fr~lm the date the notke ios mailed wiihin
<br />which Borm....er may p.a.~- thl~ 'iUfll'I dedared due. If BOrHl\H'f Luh '0 r-d.)' <,;u..:h "llOlS pnnr tll the ~xplration ()f s1.K:h -penod.
<br />Lender m.ty, WlIh..HH further n-l'fl":C nf dc-manu nn &)ffl'l\'" ct. ~!l"'l)"'(" an" rC"ml'die~ pcrrllltted hy paragraph l~ heft~of.
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<br />NO~",U:"oU-'{}RM CO\-'l'S.'!I.Ol~ ~fhw,,'{'r ;tilJ 1 elldt'r {unClel ":iy"t'I1~HH ,loll .1).;n:.:.Il~ i\)!Jows.
<br />II. Atl'd..ratlnn; R"",,,dk-s. F'.x<~pt'" provitkd In p~,...uph 17 hu....r, upon Borm...,'s b....ch of ..ny 1.'0'._ or
<br />lIJIne...u of Borruw", ia tbis \tort.8lf'. indudiq ttK- \."olornanb 10 pa, ",lttn dut' an~ IlfiUnas .~('ured by Ibis Ma......."
<br />t..-adt, prior to .t....d<<ahon ~.." maii noUct' tu oor.-unfi a~ p-nn idt:d In par..:-=ph ! -4 heROf sp<<i:tyi"ll; (i) ine breacil-;
<br />i)) I_ ....Inn rC<lulnd 10 cu.. s....b hr.....'h; iJi . date. ""I ""'" .b..n ,\0 d..~o fron. th~ dlll~ tbe nom.. b RUIikd 10 Bonuwu.
<br />.., .....11 ...h bftll<'b III'" Iw <or.d, and i4i Ihal fallore 10 ,'ur. ,u<h brnd. on 01' befo.... tho d..t. .peel/led in tlw notice
<br />_, fftOIIt ia a<c..k,.tlnn ..f lbe oun.. ..,..u...... b) Ihi> \tol'lll"lC~. r..red....u.. b, judi<lal pfU('..,dIRll ..nd oak of lbe PI'OJI"r1y,
<br />"'" ROlle, >hall hIr1be, ltIfonn Boc".ftff ur t.... riah' H. rrinst.'.. .tlor an"I<>",'I<.n and t.... .il!bt In -.1 In lbe f_1uIuft
<br />......~ ttw ........."lot."". of . ....f....1l or an, otber <k-f...", ..f Bocro.... '0 1K"flel'1ltlon and '..redooure. If lbe bftacb
<br />k ~ cw-nd {It.. 01 Mfuli' the date ~",UiflJ ill 1M nutict". t-f'tt<<kt 81 J.4."ndil'l')Ii option ms, d<<"tllN' all of the tunu $t~ by
<br />,.... '\Iorta_ 10 ilt: .n.m<<iia'd, ,j..., ....d pay.1m ..ilk",.. '..rl....r denl..Ad and """ ,,,,..d.,,,, b, judklall'"",'""dIRll' l.oder
<br />dud! bit I'fttitkd; It, t~olJtod 1ft ~uc:h fUOlMdb.tl :dl f'..prl~~ tif fOff"t.l..un. indu-di..... bU1 nol timiced to. costs nf dtKUfJWutaf}
<br />C'\o*tKi'" ....h'iKI... ;t.fM.Ilitk- t('j)(~tt".
<br />ii, iiorru...r_ iUtJilt ~I;. .uual,..... ...~d~Hh~;&...._h<~ 1 ,;.i.i"L'i',-
<br />Hp,:lTl"Jt-{'f ~h-i_~f h~v..... ~h:t, djh~ ~" h:'H .H,~ f'1(_\tI.<i'dlOg\ i-'>t~;;Vfl h I d'H..k-t
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