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<br />Lender's written agreement or applicable Jaw. Borrower shall pay the 3mount of all mortgage insurance premiums in the
<br />manner provided under paragraph 2 hereoL
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amounts shall be payable upon notice from Lenn<< to Borrower requesting payment thereof. and shall bear interest from the
<br />date of disbursement al the rate payahle from time to time on outstanding principal under the Note unle" payment of
<br />interesl at such rate would be contrary to applicable law. in which event such amounts shall bear interest at the highest rale
<br />permissible under applicahle law, NOlhing contained in this paragraph 7 shall require Lender to incur any expense or take
<br />any action hereunder.
<br />8, Inspection. l.ender may make or cause to he made reasonahle entries upon and inspections of the Property, provided
<br />that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interest in the Property.
<br />9. Condemnation. The proceeds of any award or claim for damages. direct or consequential. in connection with any
<br />condemnation or other taking of the Property, or part thereof. or for conveyance in lieu of condemnation, are herehy assigned
<br />and shall be paid to l.ender,
<br />In the event of a total taking "f the Property, the proceeds shall be applied to the sums secured by Ihis Mortgage.
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<br />w~th :~,e excess. .if <l~r'. pai~.lo .B~rr~":e~,.. In.!h~ .cv~~t_ ~f_~~p~~~~~~a~i.~~~~! ~~~..:..r..o.!:e~t.~~\..l1~I'::':I'o!~~~o~~r.~~d",~
<br />otner\.\lsc agree In wrlnng. (nen: :<i:nall Ot: appllt:o Hl tilt: ~UHJ:'lo ~""l.Ul"'U 1I.v U"'" "'TV"SqS'" ~U,",H .....""yv.u....-n ...... ...... yn.....___
<br />as is equal 10 that proportion which the amount or lhe sum, secured hy lhis Mortgage immediately prior to Ihe date of
<br />taking hears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid 10 Borrower,
<br />If the Property is .abandoned by Borrower, or if. after notice hy Lender tv Borrower that the condemnor offers to make
<br />an award Or ~etife d claim for damages. Borrower f;iils to n:-sr..ond k1 Lende~ within 30 days after the date such notice is
<br />mailed. l.ender is. authorized to collect and apply the proceeds, ut Lender's option. either to restoration or repair of the
<br />Property or to the sums secured hy this Mortgage,
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceed... to principal shall not extend
<br />or pt,jsrpone the due date nf the monthly installments referred to in paragraphs t and 2 hereof or change the amount of
<br />such installments.
<br />to. Borrower Not Re-kased. Extens.ion of the !lrne for payment or modific:ltion of amortization of the sums secured
<br />by this Mortgage granted by Lender to any successor in interest of Borrower shaH not operate to release. in any manner~
<br />the liability of the original Borrower and Borrower's Sllccessors in interest. lender shall not be required to commence
<br />proceedings. against such successor or rduse to extend time for payment or otherwise modify amortization of the sums
<br />secured hy this ~1ortgage hy reason or any dcm~md madt: by lhe orh';naJ Borrower and Borrower's successors in interest.
<br />:1. Fm-:*.....{:~ t;y Lzmk. Nr,.~;: W~h{'r. :\;1;' f~1:-he~:-a~':e to)' '.' '..ie-r in ~v:{"r{"i~illg ~~JlY right or rem~dy hereunder, fif'
<br />('Icherwise afforded hy applicable law. sh:lll not he J. waiver ,-.. (" t..redude the e\~.dse of any. such right or remedy.
<br />The procurement of insurance or the paymem ()~ 1:~1.\f'" l'r ,.ther t 1i:oi or charges hy Le!'!der shall not be a waiver of Lender.,
<br />right f;,) accelerate the maturity of the indebtcdnc"\,s. '\ccurcd hy thi'\ Mortgage.
<br />12, Remedies Cumulative. All remedies pn",ided in this Mortgage are dislinct and cumulative to any other right or
<br />remcJy under fhis Mortgag~.OI afforded hv la"'- or equity. :lOU may "he ~xcrciscd concurrently, independently or successively.
<br />13. Successon and Assigns Bomld: Joinl and s....ra1 I.iability; Captio..., lbe <,ovenanls and agreements herein
<br />contained shall hind. and the rights: hereunder ...hall inul'c h"1, th~ r~spcctivc s.lIl':CC'isors and assigns of Lender and ~orrower.
<br />subject to {he provisions of paragraph 17 here-of -\11 L'QVCri3mS and agreements of Borrower shaH be joint and several.
<br />The caplion~ and headings of the paragraphs pf thi" Mortgage arc for convenience only and are not to be used to
<br />i:-H~rp:-ct G. define tn-c p!"OYis~ns here~'i.
<br />14. N6tke. EAcepi for ~ny n~:c; req-1.:~re..-J under ::pp!k:~h-h: b.~ !D he given in RfH)thef' manner. fa} any notice- to-
<br />Borruwer provided for in this- Mortgage s.hall oe given hy mailing such nOlice oy l'crlified mail addressed to. Borro.wer at
<br />the Property Address or at such other addres.~ as Borr(}wer may designate by notice to Lender as provided herein. and
<br />(b) any notice 10 tender shaU be- given hy certified nlHil. reHlrn rccl.'lpl requested. 10 Lcnder's address stated herein or 10
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<br />~l~ch other..ad,~~ss ,as Le~er. ~"?.d~ig~at:_ ~~ ~~~~i+~~_,t~~ ~~l~r~~~~.. ~~h~~~i;~~~ ~e:~i:"rn~:!Arn~~n~=i~~!~r in this
<br />;\-1ungage snaIl De occnlt:"u to II;lVt: P'C'l:n ~IV~(t IV D\.JlI'i.'''to\-\':t ....\ ......""..... ........... 5..~.. ... ...~ H........~. ......~.I!).....~w_ .....~_..~.
<br />15. Uniform l\tort~age; (;o\>C!ming Law; St-H~'rabilU)'. fill'. form of mortgage combines uniform covenants for national
<br />lIS.': and nOI1kuniform -';1.)Venant'\ .....ith limi[~d variatwm, hy Jun'\l.h.:llon to l:onstlttHc a uniform sC~lIrity jn$trument covering
<br />real property. Thi.. '\tongage ,hall he gl.h~rncJ tw the bw p! the jurl'l-diction in which the Property is located. In the
<br />event lhai ;lilY rr\JVlsl;.~n ,'1r da\l~ .,i lhi~ ~h"1rtgagc Ill' the Note u'nflict" with .tpplicahle law. such connict shall not affect
<br />('!ther Phl\ISi'i.)n~ I.lf lhl"'\. Mortgage ~lr the ~()tc W-hh.:h .;:m h~ given effec! withutli the coni1il:"iing pfoyisioii. and to thti
<br />end. the prlJ\<l"it.'ln~ t\t" loe Mnngagc .1IlU tht' 'Ole .Ift' dcdared 10 he severahle.
<br />16. Borrul\tr's Cop,.. Borrnwcf "h~\lI t'1t: !Ullll,hcd ,\ I:t\flf,\rmcu copy of the Note <lnd of this f\.1ortgage al the time
<br />,~f ~M.';.:ull;)n ~'r -If!er r-;'("~\n.h!~"-H~ heft!~\t
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<br />17. Transfer uf tM Itropert~; Assumpliou. It .!ll Of any p~Ht or rhe Property (.>f an interest 'herein is sold or transferred
<br />h~ BOH\)\-I,~T \\i1hClllt l.:m.!t:r\ rri\.'f written 1,.1.'11"1.:111. t'\(hJdin~ tal Ihe t..'n:atioll of a lien or encumbrance subordinate to
<br />thl" \h'flg.i~e. !n~ the I..'rt:a(hll1 'l! .: pur.....ha~ nh'f}C~ 'L'.....mih mh:f~st for htlllSchold appliances, (c) a tran~fer hy devise.
<br />Jc~ent nr ~~ t'l't.'rJ.llon I,.\f Lt.\\- i1Pl..'O the death \11'.1 jl.ll II I h::n,;:ml t)r ldl lht.~ grant l\f ;IllY h.'<1scht)ld interest of three years or less
<br />!~vt \,.'lmt.timng ..ill llptiofl h'l pur\.'hasc. Lcm.icr fHa~'. .It Ll:IHlci"" Ilptlllft. ~h:d~lrc all the \umS secllred hy this ".'ortgage to be
<br />l:nmcJl;Jtdy due ;Jnd pa~'a\1lc. ! I.'nJcr shall ha\~ ,;"tl\<eJ "'1;..0 t-,plum {p .u:cckr;ltc If. prior !('l lhe ..ale or transfer, lender
<br />.mJ the f~r\lm h' \\00111 Ih~ Pro~X'rt) h hl he ~\)ld l)l" H.tH:-I1..'rr..:J n::a(:h agrt:CH!t:.flt in writing thai tht: credit of such ~rson
<br />;, satisfa~!ory to l.cnJcr .:mtJ that lhc inlerc~{ payable t'll Ihe ...unh )l.'CUfCU hy lhi~ ~'10rlgagc shall be at su\.:h rate a.s. Lender
<br />~haH r~quest. If l enuer has \I,:al..eJ the ,-'ption to ~h.:..:clcr.Jtc provided in thi\ paragraph 17, and if Borrower's successor in
<br />interest ha.. ~\ccuh:t.1 a written ~~).umrtion agreement ;,li..'ccplcd in ,~rit111g hy I ('IHief. I enJcr shall release Borrower froOl all
<br />obligalion~ unJer this Mortgage and the Note.
<br />If L~nder n.er":hCs, "u;,:h i..'lptil.m to J.i:..:der;ite, L~nda ...h,lJl mall Horrtlwcr notice of acceleration in accordance with
<br />r~ragraph J4 ht:"fCQf. Such t~l)lH.:e ...hall provu.lc .1 pcnnd i...;f not it's.. [h;.m .30 days from (he dau: ihc Ill)ii~c i~ l1laiitu ....,iihin
<br />\Aohlch BOrr('I\lil"f il'.~tY pJ.; the "urns Jecl;u~d duc. 1i BOrrtn"t.'f Lll!.. lj) l';IY ~u(h ...urns prior ft) the expiration of SIKh period.
<br />Lender may. \\:thOUI further n!.Hice or demand on BorrQwcr. lll\okc; .I!iY remedies pCimJttcd hy paragraph IS hercuf,
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<br />NON-l]NI'fORM COV€NASTS. Borwwer ~!nJ 1 ender fUflhcr Cf'\t:1I.1Il1 ami .qHCC;j~ fnl!ows'
<br />18. ..\.ccteratioa; R~ledie-s.. Except ~ pro\-i-de,t in par-aa:r-aph 17 henof. upon 8orro'wer's breach of any (ovelJaat or
<br />:q.ftIln)('nt of Burrowt! in this :\-tortkiICt"~ in':i.~lud.inl Ihe nt\ t'n;&Ht,\ tu ll~) "hl'u due 311) SIlins ~\..urt:d by this :\-Iortgaae.
<br />LelMkf prior 10 ac--ceknllon "lulU nI;ail notict' to fl.o.rro"~r a~ l'rn\ided in pafMgnil-lh 14 ht'feuf spedf.)'iua; (1) the breach;
<br />(2) the cKtioca ft1l,"h'd to cure- &u-~h bread,: (J) a date, not I"," Ihltn JH da.~1\ frum the (hUe th~ notke is madt'd to Bonower.
<br />by __hkh ~lJ\:"b bre.uh must be ~ured: aud (4) that fallutt' io ":Uft.' !ouch brt"lU:h .111 0.- bt."foft:, the date :-.twcifi~d in Ihe- notic,,"
<br />nUl). result in ...~('~kra.iun of the sum., .......':urt'd by Ih.... "o(t~H1t_~. fun'du;.urf' b) judiduJ prof,..-.:edint:, aud SIde- of the Pr(tpert~.
<br />'fbt nutino ihalt fUI1tw:r infonn BUffO\\t::r ~jl Iht' fiftht h~ fl';u'tah: idt~( ",u'cJf,.'rati-uu anti cht' rllht h. a:\M:rl in tht." foredoillure
<br />pfUC'rtdinc tbe nun--n;blt'uc:e of iI tid..,,1t or- .aU} othn tlch:nM: ~)f Borru\o\ef 10 au:deua.Ciou and fOf(-do~lUe. If th~ brt->>di
<br />is not cured un 'Or bdOll." the: dah~ spe:dt1ed in tbt' uoliu~. Ixnd...r .-1 Ll'lttk-r's uptiun mu~ dedart- aU of the- !l.unUo M;\"ur-ed b~
<br />tlUs ~tot1...e to ~ i1llm~ial('l) dUt' and p>>yabk ....ithuut furthel' demand and nUl' forc..:h~ b)' judi,..ial proc~diUl. tendet
<br />\baU M filtit~ 10 tulit''''1 in !tu1.'h pro(tf:dlng aU "pen"J.e' of fOf~..'It~Un.'. induding. hut nol lindtt:d to, ('osb ut d1J('umell'>>r~
<br />~,kIfl>.., alio.traci. and llt~ '"pom,
<br />J9~ 1Oonowcr" RJa.h.t tu RtiftState. '1,}~wl,h~t..;IH.bl\g I ~n(kf -\- ,\~~(:i~'ftltlPll ,If iht.: "um~ ".~dH"'ll t,y tht'i- M,-lrl~a~c.
<br />HOfh:).wtf '$.hll.I1 ha.y'c the. tight h\ hAve :my pr;,~~'(,'dnl~\ t.'>t;~UIl hy i. "\ld~f t" l;1l!t'hX lh,,, ~hH~<<:.\~C ,1l~('(lntHHled .It .UIY Hllh:
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