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$2-~ti}020
<br />L,ene)tr's written a$tcetttettt or applicable law. Borrower shall pay the amount of ail mangage insurance premiums in the
<br />manner. provided under-. paragrnph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph ', with interest thereon, shat! lxcome additional
<br />indebtcfln~s of Borrawer secured by this Mangagz. Unless Borrower and Lender agree to other terms of payment, such.
<br />amounts sitaiLlx pajaiafe upon notice tram E,emier to Nonower requesting paymena thereof, and shall bear interest from the
<br />daie'of dis6ursemtnt; a; the rate payable from lime to time on outstanding principal under the Nate unless payment of
<br />interest at sucG rate wtautd be conerary to applicable taw. in which event such amounts shall bear interest. at the highest. rate
<br />permissible umier applicable law. NatEring curtained in this paragraph 7 shall require Lender to incur any expense or take
<br />aoy action hereuRdu;.:
<br />B. las~etiam. Lender may make ar cause to be made reasonable eutrizs upon and inspections of the Property, provided.
<br />that l.er:der shahgive•:Borrower notice prior to any su:h inspection specifying reasonable cause fherefor related to Lender's
<br />ntet~st in the. Property;
<br />9. Coademnatiors< The proceeds of any award or claim for damages, direct or consequentiah in connection with any
<br />condemnation or otha~ taking of the property, or pan thereof, or fvr conveyance in Iieu of condemnation, are hereby assigned
<br />and shall! be paid m Sender.
<br />7n the event of a total taking of the P»peny. the proceeds shall be applie3 to the Burns secured by this Mortgage,
<br />with ilia excess, if any, paid to Borrawer. In ilia event of a partial taking of the progeny, unless Borrower and .Lender
<br />otherwise- agree in writing, there shalt be apglied is the sums secured by this Mongage such proportion of the proceeds
<br />as is egraal to that proportion which the amount of ihz sums secured by this '.viangage imrnediatety prior to the date of
<br />[akingbears to the fair market value of the Property immediately prior to the date of liking, with the balance of the proceeds
<br />paid to ;Borrawer
<br />ff the Property is abandoned by Borrower, ar if. after Halite by Lander to Borrower that the condemnor offers to make
<br />an award or settle a ilaim far damages, Borrower fails to respond to Lender withia 30 days after the date such notice is
<br />mailed: Lender is autitarized to callecY and apply the proceeds, st Lender's apHen, either to restoration or repair of the
<br />progeny ar to the sums secured by this Ivfongage.
<br />finless Lender and Borrower otherwise agree nn wrieing, any such application of proceeds to principal she![ not extend
<br />or postpone xhe due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amnune of
<br />such instalhitents.
<br />less Borrower Not Iteleastd. Extension of the time for payment ar madificatian of amortization of the sums secured
<br />by this Mongage granted by Lender to any successor in interest of Borrawer shall not operate to release,. in any manner,
<br />ilia liability aE ilia original Borrower and Barrawzr's successors in interest. Lender shall not be required to commence
<br />proceedings agaiasf such successor ar refuse to extend time far payment or ather+vise modify amonizaeian of the sums
<br />secured by this. Afangage !ry reason of any demand made by the original Borrawer and Barrnwer's successors in interest.
<br />11. Forbearance by Leader ~'ot a Witiver. .4ny forbearance by Lender in exercising any right or remedy hereunder, ar
<br />otherwise afforded L+v applicable law, shall not be a waiver of ar preclude the exercise a' any such right or remedy.
<br />The procurement of insurance or the°payment of taxes or other liens ar Charges by Lander shalt nor be a waiver of Lender's
<br />right to accelerate the maturity df tfse indebtedntsa szcurzd by this'sfongage.
<br />t1. itemedies Cuasnhtive. Afl remedies. provided in this bortgage are distinct and cumulative [a any other right or
<br />remedy under this Mortgage ar afforded by law rr equity, and may hi exirciscd canCUrrcntfy, independently or successively.
<br />f'3. Srccesaors and Asaiges Booed; Joint and ;several t.iabitity; Captions. 71ie covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns at' 1_inder and Borrower,
<br />subject to the pravisiotts of paragraph i? hereof All covenants and agreements of Borrawer shalt be jaittt and several.
<br />The: captions and headings of the paragraphs of this 'tortgage are for canvenienci only and are not to be wised to
<br />interpret ar defit~ the prtrvisiotts hereof.
<br />t4. NtiNce. E%cept foe any ttaiiCe required antler applicable taw to he given in another mantter, ta} any notice to
<br />Borrawer pmvzded for in this Mongage shall be given by marling Buell notice by certified mail addressxd to Borrawer at
<br />the Property Address or nt such other address as Borrower may designate h}• notice to Lender as provided herein. and
<br />(b) any notice ta-Littler shah. he given by Certified mail. return receipt requested, to Lender"s addtesa sated herein. ar ',o
<br />such other address as Lender may desirnaec by notice to Bermwir as provided herein. Any notice provided for in this
<br />Mongage shall bi deemed. to have been given to Borrawer or I ender when given in the manner designated herein..
<br />I5. LtaHOrm i-ortga$e; GstrertriaE; I.aw; Severabt7ite•. Tt+is farm of mortgage combines uniform covenants far national.
<br />ttse and non-uniform covenants w~iih limited variations by jurisdiction to canstiutse a uniform security instrument Cavering
<br />real: property: I1tis Mortgage shall be governed by the Iau• of the iurisdicrion i^ which the Property is located. in the
<br />event eharany pravisian or clause of this 4lortgage ar the Nore canttCts with a¢pliaable taw, such conflict shall not affect
<br />ether provi`sians of this Mongage or the '.vote which ran bi given effect without the confiictirtg provision. and to this
<br />end ilia provisions of rho Mortgage and the Nate are decfarcd to be severable.
<br />I6. Barrotaer's Capy. Bortvwer shall. be furnished a confortrted copy of thz Note and of this Rfongage at the time
<br />of execution or after rcCardat5on hereof.
<br />I?. Tnesfer of the P-operty; A~mptan. If all or any pan of the-l'raperty or an interest therein is said or transferred
<br />Sty Borrower withaut2;ender's prior written consent. rzcluding !a the ct~eation of a Iizn or cneumbrance subordinate to
<br />this: Mortgage, tb? the creatiran of a purchase money security interest for household appliances, fci s transfer by devise.
<br />descent er by operation of taw upar. the death of a joint tenant ar fdt the. grant of any lzasihold interest of thrre years. or less
<br />notcontaining anaptian to pur~haseW L,cttder may, at Lender`saptnoo.. declare all the sums secured 6y this Mortgage to be
<br />immediatcty due and payable. Lender ,.hall have waived such option to accelerate if, prior to the sale or aransfer: Lender
<br />wad the parser, to wham the Property is to besold or transferred reach agreement in writing the[ the credit of such person
<br />is satisfacton to Len3cr and that the i~uest payable as the sums secured liy this hfiartgage shale be at such rate as Lender
<br />shall. request. if l_erder has xaived the option to accelerate provided in this paragraph 17, and if Borrower's successor in
<br />interest has executed a written. asstzttptianagreemcittacccpted in westing by Linder. Lender shelf refcase Borrawer from all
<br />obligatiam under this'vfongagt and;theNett.
<br />if Lendtr ezircises such apLton to acceluate, Lender shall .mail. Borrowez native of acCeterariaa in accordance with
<br />paragraph 13 hereof. Stich notttx,shall provide a period of car less than 3t3 days from ¢he date the nonce is mailed'withih
<br />which Bonowec may pay the sitms declared dtte. if Borrawer farts *o pay such sums prior ur theexpiravon of such period,
<br />Tender may. •x•ithout f:;rthez eerier ar derrthnd on Borrower, invoke any remedies ~rmiLted by paragraph l $ hereof.
<br />p:rru_L`t::FOn.. Covsin•:TS: Borrawer atsd SWensi~ 3ttrtlrzr covcrs:ie and .sgiee as faElaus:
<br />16. Accdrretba; Remedies. Fatctpt ys prnrided in paraftrapb: l 7 hereof: upon Butrower's 6reaeh of any covenant ar
<br />sRroe~rcat of Borrower ie this ifortgs~, dnciudiug the cat+ettatat. to pap wh¢n duo:atry suttts.secstred bq thi& itiffot•fRape,
<br />4_esiee I~* ae atideeatiaw shall mail ttutike to Horrdtver :ss:;pensided in paragraph' 14ttcrcoF spedfyfrt$:: fr) eke bneacb;
<br />i~. the settee rrpered to ewe satck breseis: (3l a d>itc. not less rhea 3(t des;s tram ;he-dote the nMire ins mailed to$armwer.
<br />b) wldch sect hrmrcY trtBq bt rend; and N) that fitiiurr Eo cute such hrrseh an c3['-before Ihtr dxtc sprdfietl in tftc mNiee
<br />Teary reaa!i[ in acesrteraticas of ttte seen secured Ly ttve ~Yartaage, fnreckesure ter jccdiciaaflpmt~'diteg ;end:.Sale-of-tlee..Propetty..
<br />ILt asutk6i rrirY fretLRt hd~rrn Eorrvwer of ttxe right to rrimYair after s.•crlrraticn aied Itie rit;lrt t~s sr,:rcrt is the. foreclasurc
<br />#roueaae6irK !ko e>RSesirfencn of w defwlt ur aoy athrr defense of Barrowty is a:celerrtirtn and fosceioxttre, If'~tlsH~lKkerki
<br />is net erred ow or fxtorr Ctse daft spacffted in the rtaLUe, 1 xnder gt I.endrr's <+pt~ es noa'v rteclare aft t9f nc~sruns steered by
<br />tldr tea ter baaradiardy der end paYalSMe withnnt fuetfeer ek mend and mu. fisncl<a:e by ;nitic3sE ttrpretd37~,.. !.cede!
<br />+~! tsa , 4ts rnlFeat fir slack pror•eedia; a0 expsr±rwt. ax fr:reclac~urr, incl•,xdittp, fsn't exst firnitrd to, coals nl-doetsmeWary
<br />ari/eecq aia ae~i ttt9t retwrat~
<br />3c9_ ~'>t tc>+ R~ -?stwrhs.:+ndr»~! cox~r~. -cc+cz.rsw~-c scf r rrt ~, i :c. this Iyfartga;gr,.
<br />Jiorsxs+u~ ahatd ha.~o4hcri~he try h~vt+ n t)' pnx'+~Crntzv H~ ,.- Lecs3tr t_ cr:~t. r.t `i>r 'R tr.e.ug~r ~_' _¢c,..,:.ucd ut aaty ileac
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