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~2 ~iG2~72
<br />Lender's wTi=rep agrcemeat ar applicable law. Borrower shall pay the amount of all' mortgage insurance pttmiums inthe
<br />manner provided under: paragraph 2 hereof_
<br />Any amounts disbttised by Lender pursuant. to this paragraph 7, with interest thereon; shall become additional
<br />indebtedrtess of Horrower'secttred<by this Mortgage. Unless Borrower and Lender: agree m other terms of payment;. such
<br />arttottnts shall be pagableupon notice from,Lender to Borrowerrequestingpayment thereat, and shall bearnterest from the
<br />date of disburxmenrat-the ntt;paya6le from time to time oa outstanding; principal under tite Note unless payment of
<br />interest at such me would be contrary to applicable lawi in which event such amasser shall bearinterest-at the highest rate
<br />permissible under applicable law: Nothingcontained i4 this paragraph 7shatl requireLenderto:.incur'any eitpertse or take
<br />any action her_under.
<br />s. Iaatectla~. Lender may make or cause to be made reasonable entries upon and:inspections of efie Property; provided
<br />that Lettder shall glut Borrower notirx prior to any such inspection specifyiitg tasonable cause-4herefor related to Lender's
<br />interest m the 'roperfy. "
<br />9. CodsasraalMr+. 'The proceeds. of any. award or claim for damages, direct or consequential, in connection with am'
<br />condemnation yr otfiertaking of tfie Propetty; ar part thereof, or for cortvevance in lieu of condetnation. artj hereby assigned
<br />and shalt bepaid to Letider.
<br />In the everts of a: total taking. of she lsroperty..thepraceeds shall be applied tothe sums secured by tfiis Mortgage.
<br />with the caress, if any; paid to Horrowet. In the event of a partial taking of the I'ropemi: unless' Bomawer and Lender
<br />otherwise agree in writing, theft shall: be applied to the. sums secttred by this Mortgage such proportion of the proceeds
<br />as ~s equal to that proportion which xhe amount oP 2tte sums secured by this Mortgage immedeateiy; prior to the date of
<br />taking heals to the fairmarkca value of the Property. immediately prior to the date of taking, with the balance of the proceeds
<br />paid m Borrower.
<br />It the 1!ropMy is abaadooed by Borrower, or if, after notice: by Lender to Borrower that the condemner affen to make
<br />art award or settle a claim for damages; Borrower.. fails to respond to Lender .within 30 days: after the date such notice is
<br />mailed, Lrnder is authorised to collect axed apply the proceeds; at Leader's option, eitfier to restatafion or repair of the
<br />Property or 2a the sums secured by this. Mortgage.
<br />Llnless Leveler and Borrower otherwisst agree in writing, any such application of proceeds to principal shall not extend
<br />or postpwte the dtte date of the rnanthly imtallments referred'to in paragraphs l arn! 2 hereof. or change;,the atpaunt of
<br />such mstaAnte[ita.
<br />)i. Mnower NtM Reltasa~ F.xttenaion of the time for payment or modification of smortiTation of the sums secured
<br />by this Mortfage goosed by Lettdu to any successor in interest of Borrower shall not operate to release. in any manner,
<br />the liability of tfie original Borrower and Borrower's successors in intcrat. Lender shall nut lx required to commence'
<br />proroedinpr agaitnu such steccessor ar rcftrsc to erctrnd time for pavmenr or otherwise modify atnortisation of the sums
<br />secured by this Misrtgagt by reason of any demand made by the anginal Borrower and'Bormwer's successors in it+t+•resr.
<br />I1. iRmitnrree ly ieariec P7of a Wainer. Arty forttcarance by tender in exercising :rns right nr remedy henenrdtr, ar
<br />mheexeisc afforded by' applicable law, shall. tint he a waiver of ar preclude the exercise of any such right or remedy.
<br />The proctuemem of insurance or xhe paymenrof taxes or a[her liens or Charges by I;ertdcr shall not be a waiver of Lender's
<br />right to accelerate tfie mattuity of the ndebtedntcs secured by zhis,Martgage;
<br />IZ. RaweM Cawtt~iall.a A11 remcdia,pmvided in this..llfortgage are distinct and cumulative to an} other right or
<br />rcmedv under this Mortgage or aRorded Isy law ar equity; and init. he exercised concurrently. iodependently.:.or successively.
<br />I~• 9reewo s! A~a low;..Ides. atti Several 1.3~6i11fy; Cs'ftows. The tavcnanls and agreements herein
<br />contained shaA bind, attd the rights herettrtder shall enure: to, the rrespective:sucsessars and assigns of [.ender and Borrower.
<br />subject to the provisions of paragraph 17 hcrectf, Ali covenanu and agreements,af Borrower shall be js?int and xveral.
<br />The captions and hadngs of tfee: paragraphss:f this Mnrtgagr art far convenrencc only and arc not is he used to
<br />interpre[ or define the provisions hereof.
<br />ld- VNfee. Except far any:tttttrce regtiircd under: applicable law to he given in anathor manner, fa) any notice to
<br />Borrnwtr prmided for in this Mortgrtge shalihe givenl» mailingsticti notrce hy: cettifitaf tnailad&essed'tt? BOrrOWCr at
<br />the Ptaprny Addrns ar et such other address as Birrrow¢r mss dntgnate by notice to bender as provided herein. and
<br />th1 arty ri~iac to l.rnder shall he given ley ceMifkd marl. ,store receipt regitexted, ro l:.ender's address stated herein or to
<br />strch rxher address at tender may dcsignate;hs- nntvice r„ llnrr~~wcr as ;,rovtded herein. Any notice provided far in this
<br />Mortga;e shall he dcertted to havr'heen given to llotmwer t+r t ender .Then given in zhc monster designated hereto:
<br />15. L'ttY«w Ma,IRafe; Cctsrerairtg I.av-; SeverakRNy, n,,s norm „f mrrtgagc crrntbirss ttnifarm caven3nts far. national
<br />ux and mm-uniform ca~ertant<vlith timrra.i ,,~anatums by ,rr«1r~+i, n m ~onstrtirte a`unifottn securityinsirumont covcnng
<br />real propetty. Tltn Mertga¢c shat( liegpvertted hv- .~ !aw ,,? ±tx ~unsctictinn inwhich thcpropettyis located, In the
<br />evert that am' pruvrtten ,rr ,3aux of the >lortga~ ~~r +he 'Jere ;:nnfliirv u-irh apr(icahle ra'w_ such cr,nflicl ~Fa1l noi' atfec;
<br />ether p!nursrr»ta of rhit Sir, rr4bg: or the `.+te wh+~ch tan tx c~vcr. vilest ~., i; hair the cnn'!ictin~ trrr+~'ision, andr (o this
<br />end the ;tr:n~isions of the bkx[gage and sh.r `crux are ~.tcclared ~.,•. ~`te ~rcrats}e
<br />lf. Berruwers Cry. Bprrrnver +hal7 h~ furnivhed a unttrrmm .<xaytyf fheh'ofc ..n~i of ihis.Mongagcur the lime
<br />of cxecwirm or after recerdatidrt hcr>wwf.
<br />17_ Trader of fkL holMY; -#earaptiow. It ,tit n: nr,s tart .,f ihr Property rri an irisent therein is sold nr transferred
<br />by Born,wer w,tlxvut Lenders prior wrincn concrnt excluding :~~ :etc ~rsatiun of a iron ~ r encurrl+rane;t xubordinate to
<br />thrs Mortgage. ibt the crrattan ~$a ;turchase mrnr•, ,ec~ar:t•. ,nteresr `'orhovxhoPd:.appftan~ev. ~c, atransfer l+v de"isc.
<br />descent or by operation of taw ;tppn the death rt .~ level tenant -..•r ~ •I- -hc urant of any .leasehold intem,+s[ of f:hteevearti nr less
<br />not cantainiog an option to ~t:rchase. LTOder max..xr l.ender~•, ,~pa~nn_ -i„v;lare as •Fe. sums uaztired by thts.'Mortgagc ;n be
<br />immedtatcty due and pa}'able. t_erader <haS; hake+~aivcdsstch optrm .n acceierazt ;i. orar rn rhr. salear 3ransfer. i_cndcr
<br />and the peraoe ;e svhrnn the Prop<rr. is to tic sold ar innsftr~ed r'Cach agreemem ~n ~x~nnng that rht creditof such pe rem,
<br />is satnfactary ro ixnder and shat therntercvr~yahlc-~ thesums ~ccercd r•y this ~lartgxge shallbc at svch`rateas la;nder
<br />stall requcsi. if !.ender has waived the aperan: to atcelerare pravrCC~'.:n ibis paragraph I7. and if BOrrawer'ssvccessor in
<br />interest has executed a written asaiamptirm agrrcmont accegted:ir ~.vri;irg h9 l.s.nder. L::ndet shallreiease:Borrower :from a1I
<br />otsiigattarts under thrs Mortgage atttl.the Note::
<br />If Lender escnixes such option irsacselerate, Ixndcr ~hetl mail 6crrrpwer nMicenf accelcra:ron in accardance'witft
<br />paragraph 1~ hereof. S^cb notrceshalt prstvide a pe~<~of nn• ies< than ?0'diays !rrrm the datrihc niatiec-is mailedwit3tin.
<br />4fiicS Bnrmwer may par ;hc suers dcctattd'dix. If Borro vcr ~;,~`s ~ .:,ay strch cv[ns print to the expiratiani~f <ochperwd,
<br />i_cnckr nay_ witbeut furst,er notice car demand rn Borrower. rSwe.:,.: an~% rsinedses.pertnittcd b}' paragraph 1H hescof.
<br />Nor-L'trFaa+tCrsvetisaaT•,- Borro+verandI.tndrrfurthCttcrvenat•t,,ndagret;rtifaiiarwx~ :
<br />If. Accdarttia~; ttrrtre~fea.:.lFaxe}r as. peevliied iurartrgraek 27 kcreof. upon..Bonower's becacb of any covenant or
<br />apcemed of Mrewer iw t1~r ;Nw~ftfC..lecitdittt{.xkecoeenanfs;to par w~ben durstaty sntr~ veenrcd by: this WaN.gage,
<br />Leerier ~viar M acseMatisa +IeaBaui rtosictla Mrto.re- as pmvicledin parttanAit f4 hereofspecifyiag:::(II thekre~eb:
<br />f33 eke attiaa rvprfrei to care satelt kreacb: !31 a Baia reel kxv than 3U days !none tkc date the tsmice is tttaBed to Borrower,
<br />let wrieY sank ke~aek tt~ lee owed; arty tLl ikai faikne./o rere'srek beach tvaor fiefore rf~e: date speciftdf inthe: notice
<br />~ reaaM i• scrdn,.siar. o! eke vaaw sex7Kd ley tltis AtotlRatfc. forerloswr•. by )nilcia! procteditsf sad sale of tke Prupesly.
<br />Tke sailer fM fsrtteer nt(orra fsrrrown rd eke rifles to reittetale after aceelt[artiaa aed the rfflu'fo a~eM in the fortclasote
<br />~eocoeMaf else rroweaieteace ref a delaaH ur airy oNer defcaae of l<rxrxtwer-tit acec#etnriat and fartclasure; If the:hrtuh
<br />w era! rtwai ow rtr brfare eke date gec/kd is tltt rtoricr,.Ltrrier:at Lerdetsct~tiot+ may rteclare-all of the savusecnrtd by
<br />skit MtllpRs to be irwwdiYldr drat. acrd Parakle srllkoat furlker demawi. and ma}~ f+rreclnre h.' jrtdjeial
<br />tkaf br ewii4i to safest iw sacA oc ab tx PrandMa• Lender
<br />F ~tl Ar~res of fareria®ac. inckuMa~., hm nsri timkedra. cstata. i# dorttenertary.
<br />.riieacs. airerarte aai title re~rxe.
<br />t~. )Lera.vash tipi i~ Rsirwaie.. ?v.-ewnbssand;R~ rs-rukr'i uc-~t on ,~! wm:4 secnretl ~ ihas td+xrty age.
<br />Bcrrrtvrr shah h.i~e the riyS~t tt< have a»y pre ~cd.ngs '`e^t t-i. '...r.k. t,, e,... ... .,, 'ttz~rtga$e ciist.rttiinied a:.. ..^,e.
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