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<br />Lender's written agreement or applicable taw. Borrower shag pay the amount of alt mortgage insurance premiums in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursaant to this paragraph 7. with interest thereon, shag become additional
<br />intkbtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other Seems of payment, such
<br />amounts shalt be payable upon notice from Lender to Borrower requesting paymen4 thereof, and shall bear interest from the
<br />date of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment of
<br />interest ai such rate would be contrary to applicable law, in which event such amounts shall bear interest at the highest rate
<br />permissible under applicable law. Nothing contained in this paragraph 7 shalt require tender to incue any expense oc take
<br />any action hereunder.
<br />& iaffipectfon. Landes may make or cause to be made n asnnable entries upon and inspections of the Property, provided
<br />that Leader shall give Borrower notice prior to any such inspeclinn specifying reasonable cause therefor related to tender's
<br />i»terest in the Property.
<br />9. Condemnsilon. The proceeds of any award or claim for damages, direct or consequemiat, in connection with any
<br />condemnation or other taking of the Property, or part thereof. or for conveyance in lieu of condemnation, art hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a 4otal taking of the Property, the proceeds shall be applied to the sums secured by this Mortgage,
<br />with the excess, if any. paid to Burrower. Tn the event of a partial taking of the Properly, unless Borrower and Lender
<br />otherwise agree in writing, them sha21 be applied to the sums secured by this Mortgage such proportion of ibe proceeds
<br />as is equat to that proportion which the amount of the sum, secured be this Mortgage immediately prior to the date of
<br />taking bears to the fair market value of the Propem immediately prior to the date of taking, with the balance of the proceeds
<br />paid to :Borrower.
<br />If the Propsrry is abandoned by Borrower, or if. afar notice by Lender to Borrower Ghat the cotrdemnor offers to make
<br />an award or settle a claim for damages, Burrower fails to respond to Lender within 30 days after the date such notice is
<br />marled, Letnder is authorized to eutlect and apply the proceeds, at Ixnder's option, either to restoration or repair of the
<br />Property or to the sums secured by this Mr -:,rage.
<br />Unless Lender and Borrower otherwise agree in writing, an7 such application of proceeds to principal shall not extend
<br />ur postpone the due date of the raonthh• installments referred to in paragraphs 1 and 2 hereof or change the amount of
<br />such insrtatlments_
<br />Ili. Borrower Not Released. Extrusion of the time for payment or modificar"on of amortization of the sums secured
<br />by this Mortgage granted by Lender to any successor in interes: of Borrower shat] nut operate to release, in any manner,
<br />the liability of the crrigiaal $orrowcr and borrower's successors in interest. i_ender shall nut be required to commence
<br />proceedings against such successor nr refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by [his Mortgage by mason of any demand made by the original Borrower and Borrower's successors in interest.
<br />it. Farbaraaee try Lender Na a Wrwer. Any fnrbearancc by 1_ender in exercising any right or remedy hereunder. or
<br />otherwise afforded by applicable law, shall not he a waiver i:f nr preclude the exercise of any such right or remedy.
<br />The procurement of insurance or the paymeri of taxes or c+ther liens nr charges by Lender shall not be a waives of [.ender's
<br />right to accelerate the maturity of the indebtedness soured by this Mort¢agc.
<br />l2. Reme~es CtsntaMrifee. All remedr`es provided ;n this 'Llnrrgage am distinct and cumulative m any other right or
<br />remedy under this Mortgage or afforded by law car tenuity. and may he exercised concurrently. indrpendentiy ur successively.
<br />l~ ~ressora soul AsaiRrts Bound: Joimf sad Severe! taabllity: Captlor~. The cnvcnants and agreements herein
<br />eontaitnal shall bimd, and the rights hereunder shall mtare tn, the respective succeswrs and assigns of Tender and Borrower,
<br />cubjee! to iht provisions tsf paragraph t1 hereof. All cnvcnants and ;agreements ;r` Borrnwtr shat! he jtaint and several.
<br />?rte captions and headings of the paragrapls of this Mnrtgagt arc for convenirnct «nly :and err not to be used to
<br />imerpret or define the provisions Itercuf.
<br />R4. :Votive. 13xcept for any notice required9 under ;apph •abte i aw to be oven in anotfzer manner, (al any notice to
<br />lac+rrowcr pmvidrd for is this Mortgage shall tee raven by 3i7ing ~axt r.;rtiee bs rrrtrflcd mail addressed to Borrower ai
<br />!ht Praperfy Address or at such other address as Borrower nzeg desagnart by notices to t.rncler .rs prnvieled herein, sad
<br />tb} any native to 1_rnder shall hr: grvtra Ity certified mhit. rot+arn rtce:pt rrqursied. !o i ruler's address stated herein or to
<br />such ottacr address as Lender may lrsignatr by n ,tier ~o Rornw+rer as ,-rrovidtsl trcrcan. .4ny notice prcrvidtd for in Ehr`s
<br />Moctgagc steal{ !x €lermed to haver t+rtn given ±o 'Rot»awer a~ 1 enter whin gtvrnsn rhr manner designai~ herein.
<br />!~' C »iturm ;Dtarfps~e {"ovrtni~ Laic 5esrraf.~Iity. T'h ?nrzn !mortgage combines rniform cnvcnants for national
<br />au „ , trife ern v ~ enan?s .vtth d.rtn,ize,i tar a s i,~ r 3,cta:5n ?,, ,.:+nstiaxut a ranirnrm seiuraty ;nstraxrstrnt cowering
<br />c :;t 41, :^ .. _~~,: ~ ,,rn,, ~;,e;.,.. ~ tfx t:risdaetior. ~n •a.Ptic'+ t?tc property ;; kx:urtd. Tn the
<br />t ~ -.. c s 1 _~ the `~. c ndzv mirth app°icahie law su::h conYliei shall n.71 atftct,
<br />that ;~ as nt tt \,.art~sbv s~r rbu v i n ar he yen (fact without the cazntliCtinK prnvisictn_ suet 20 lists
<br />t.t • ,h~ .ioas t .. rtgagc ar,., ~ ~ ti.~. .err .:t,c,ary.<« .,. `.?c: ,rvrrahlr..
<br />i6 Miner<twrrs Capy.~ )3c>rrcawzr ehalJ ht icurushrd :z _c+n?a;rmcd _npy r,f t=zc Vn[r °naJ of :hfs 'titovtf;age at the time
<br />raj c'u ~, c or .;Flee re,:ardaua'*n httrof.
<br />1?, "Fraac(tr of the Prap~rty; As„urnpiiurr. 1f ~ 7 r ary psrz r~1 rkzt P'rcr~rty nr an cotters, therein is sold ar transfcrrrd
<br />try Borrower wi2hPttt l:enckrs prone .vriittn cc+nss,at. secluding ia, the crzatinn o', as iiesz or rncumbrancc str'bordinatt to
<br />this bfortgagr, ihr the errarznn taf a ,:urcha~~ m.~nry sccttrtr ~otrrest for Fou•.tehc3id applaanc~es, icy a trarafer by devise,
<br />drscxnt ur by aprtatrtrn of Saw upon thr death t?ti t ;,pmt tenaru ur #,# o the grazer c f .zm: (raschaid interest of thrtt years ar less
<br />not comaining an xntian, to purchase. 1 utdtr stay, at Lsndcr <, <,pt:or, declare a(t 'he %urrrs seezued by ?his ?wfartgage to be
<br />ammtdiataly due sled payable. t_cndr~r shall hav~c saved ?: .as nptic:n acecdcrete sf, prir>s to the sate css transfer. t_rnder
<br />sled the pc: u..n to wham the i'ropcri}• t~ s' ht sp ~! tr transtured reach ayrecntent in writing ear ?ht credit nE such person
<br />~~ aaticfa r w to Linder and that the is e. ~a par o e tan ,he, rns see red hi' this 3iortga~„c sh .tt n^ at such rate a~. t ender
<br />sh.e~% request. If l.endtr leas wasved the ~ ptitan t, s ieie.atc _.nvidtu r hi r?araeraph 17 amrl i* Rurrowcr s vu~cessor in
<br />+martst has txeeuted a written assume uon agrrcmtrt acc.rptcd i;z w r;zrr,g by i_ender. Ixndcr shall release Borrower !-tom uti
<br />ulrligaeirns under this Mortgage and '.he Noze
<br />ff Lender exe~rcists such cpt'it~i to acstteratt l.e»t7cr half coati Burro=sir .ct:c=? r*t r~t.,}erztrnn in .rccor$arzce with
<br />paragraph la hereof. Such nntzcr shat! provide : pvncad ;+f r a 3evs than ~0 dabv lento the date. the rnaticc i. mailed within
<br />which Borrower may ltay the sums declared dtsr_ f Borrower teats to ,ay s+rch s ,ms pr.nr to thae capfrution of such ptritxt,
<br />Len+lrr may, witlaont ft.rttttr ~tatitt or tttmand on Borrower .rvt,•sl;e a iv~ remtdits tnrm;tteci hp par,agraptt i!i hereof.
<br />?voH-Lt±,rtroa!s Cov~rstr~,. Borrower and Leader further cxa,.ca;,nr znd agree es f+zPoows:
<br />i8. Arctieraiian; Remedies. Except as provided to paragraph 1? herroi, upon Borrower s trreach of any covenant ar
<br />agxterraeat at Bsrrrawer in ibis ~lorigage, itrrluding the caverr:an2s to pay when due s»v sums secured try this ".'fortgage,
<br />Lender prior to arerkration shall coati rxrtkr ro t3arrowtr at, praairlyd i» paragraph t9 hereof specifying. ttj the breach;
<br />t2)ihe action required su tort web breach, {31 a daft. cur! less than 3{f days from the date tear »nrtict is matted to $trrrowtr,
<br />by tvliich such breech must ire cured; and t41 that failure eo curt ouch breath on nr before the daft specified in the natter
<br />roar reauk iu arcclrratiun of the some sernred iffy this yMaregagr, forettoxnre by judicial pracerding and sale of the Property,
<br />?fire »srt#ce shall further inform Borrower arf flat ri&ert to reinstate after acrelrratbn a»d the right to assert in fire torrrlosure
<br />proceetfiog the rwm-a%istentr of a drfw•nlt ar an} other tttfeme of Borrower to arcetreration and frreckrsure, tf the hraar.h
<br />ja not cured un oe before the date speci&td in the trotter, i.r»der at l.rnders optio» may declare all of the earns src~urrd by
<br />'afortgpCe to 6e immediately dot and payat~ withoat fnrtfrrr demand and may forerlosr by gudirial prtrrrrdeaag, f,rnder
<br />shall he eatifted 4a caBerd is such prottrdGrg aU expenses of tortctcrsarre, inctndirrg, trot not tixarritrd tn, costs of documrntarv
<br />ecidenre, abstracts a»d title reports.
<br />f$- lron'awrr's Righe to Rrirnxate. tiutwiths<,endfnt; ia~nder'«, eecrat+rsr f .hc ~e ~ - d E±- °zrs ~'1 r r;o.
<br />Be,xatica, shall lnavc ihr right to have an} pr,>;ttdtng; gun hp E.cndet rt tnron;. ,h-< ~.? ty p,c z;>s , nr oared ,+. a,~t..,rrrr
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