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<br />$~"""~Q~~~7 <br />Letder's written agreement or apgiicsblc iaw.. Borrower shall pay the amount of aR mortgage insurance premiums in the <br />manner provided under paragraph y hereof. <br />Any amounts disbursed by Lendet gursuant to this paragraph 7, with interest thereon, shai} become additional <br />indehtednsss of Borrower secured by this Mortgage. Gn[ess Borrower and I-ender agree to other terms of payment, snch <br />amossnts:JtalC be payable ixpat: notice from Lender to Borrower requesting payment thereof, and shall bear interest fmm the <br />date of dittbursetntnt at the rate payaltle from time to time on outstanding principal under the Note unless payment of <br />it[tetnt at such sate wnttd 6e contrary. to applicable law; in which event such amoants shall bear interest arYhe highest rate <br />peimtissiblt: under: applicable law: Nothing contained in this paragraph 7 shalt tequrre Lender to incur any expense ar take <br />arty action laert>artder.' <br />$.: l~eetfoe. Een~r may,tnake or cause to be made reasanaliie entries upon and inspections of the Prtnperty, provided <br />thaF Lender shall give: Borrower entice prior to any such inspection specifying reasonable cause therefor related to Lender's <br />interest in the Property: <br />9. C~ The proceeds of any award or claim for damages, direct or consequential, in connection with any <br />condetnnatian ar other taking of the Prapecty; or part thcreaf, ar for conveyance in lieu of condemnation, are hereby assigned <br />and shat! be paid to Lentkr. <br />In the. event of a total taking of the Progeny. the proceeds shalt be applied.. to the sums secured by this lfartgage, <br />with. the t,tcesa, zf an}•. paid ro Borrower. In the event of a partial taking. of the Property, unless Borrower and Lender <br />a[licr><-ise agree in wTiring, :ltr steal! ',•z applied to the sums secured by this Ivfprtgage such proportion of Fite proceeds <br />as is equaltothat propc+rtion whicfi the amount. of the sums secured by this 4lottgage immediately prior to the dateof <br />taking bears to fhe fair market value of the Pmpcrty immediately gene to the date of taking. with the balance of the proceeds <br />paid to Borrower. <br />If the C'IOperty is abaitdaned by Barrowar, ar if: after neticc by Lender to Borrawtr thst the condemnor offers to teaks <br />an award or xttk a elaitn far damages, Bc+rrawer fails to respond td Lender wiihin ~0 doss after the date such notice is <br />mailed, Lender. is authorized to caiitzr and apply the proceeds, at Lender's spline. either to restoration ar regale of the <br />Property onto the sums secured by this Mortgage. <br />Unless-Lender and Bermiver ntherwise agree in writing. ang• such application of pracceds to principal shall sat extend <br />orpouporxihedue.dateof fhemonthly instalimentsreferred to in paragraphs I and ~ hottefor change the amotmt of <br />Resell installments. - <br />111. /atnower lslat: Relerci. >actensittn c,f zhe isms for paymanz or modification of amortization of the sums secured <br />by this Mortgage granted by Lemur to sexy s,tccerccnr in intereu of Bt+rrnw~er shah not operate to release. in any manner, <br />the liabi3itp c>f the origna3 Borrower axed Barrowor's succeasars in interest. Lender shall eat be requiced to commence <br />proceeditlgs agarrtst such svcceswrnr refuse to czlrnd time for payment or atherwsr modify amanizatian of the sums <br />saurod try ibis Martgasc by rrasau[ of any demand made by the original Bormss•er and Barrowcrs auccessars in interest. <br />li. Forlbpra~ertey ltsdaa:;~ot a 1Yaha. Ant fdrtxannce t,y Icnder in rscn:isiag any right or remed+• hereunder, ar <br />tit!`enrisc siTarded i'iy appticabe .taw, shah eat he a waiver of ar .preclude the ezcrcise of am such right or remedy: <br />The procuretnertt of irtFtnraeieo arthp payment al taxes art?lhcr licnx or charges ba i,ender shalE hat be a waiver of Lender's <br />riRltt to acrcierate the maturity aC the tndch»cdt[css sccttred trv this Martgagc. <br />11 >R,tersiiaa Cttttartlatl~t, All retncdics pmvaded in this aitxxga~c ale distinct and cumulative to any. ether right ar <br />remedy under this Motfgagc ar aRordcd Ioy law ar ctifurty, and ma-.- M c,crr:sal cancurmntly, independently or successively. <br />13. Meeasasa tttsd Aad~rra la[tted: taint and:Sc.rral [iaAilits: »'aPtbnrs.' The :ovenams and agreements herein <br />contained shaft hind, need the tights herettoder shad inure to, the rt.prri,e c„cccsst.rs and assigns <ef !-trnter and Harrower, <br />subject to the provjsians.z~f paragraph 17 barest All cavcnants an•i .~krrcments of Bt+rrexwee shad he joint :end several. <br />The gptis,rs ami hrtdinZs of the paragraphs of tfiia 1v1~rtRn~c sec 1•~r .:~~nvcnience only a»d :etc not io he used la <br />i[ttrr~frct or define the prcv~sic+ns barest <br />11. 1a11te_ Facccpt for arty tu+titir requited underapptica!+Ic !aw ;n err given in another manner. taT any notice to <br />.Borrower provided tar rn this MonRage shai! !x^ g~vcn M rna,F~g ,u.:~ +nhtc h, ,-ertibcd mail addressed to Barro;*cr at <br />the Prapeny Addrns or at such cxhct addrns as Birrrrrwcr ma} dn~xnatr, ~v nr+~ice t,i I antler as ,provided herein, and <br />feed anp n:xste to Lender s'.tall ht Rrvrn by xrt[fied mail, rertim rc:einr ;evucvted, to I,ender'c address elated herein ar to <br />sttrlF.aathtr address as Ixndcrma> drsrgnaUC:.b~. noti~r v~ lsormwmr .,. nrm~,dtd ltercin:, Any native'provided for:inatiis' <br />Mnrtga6r sluki he deemed 'd haKC tsceti given to Barr„wcr ,v i ender w her. a,een in ;he tnanncr designated harem. <br />1S. (fulfaasi Carvetfits~ Idtr-s 5e.,trahlfity. ihn t:~rm ni me,rt{taite .ambrae unifnrtn crivenahts for notional. <br />tncaad exxi-uniform ~venanss with tiraitad varian;.r.~'`v ,,ir;ru,ct,nn t., ,<mst,rute a unifatm uxuraty instrument covering <br />real prtipartx• Thra bttmaaZe shall be gt?wtrried l.y :t,e law ,,i :hc ~ir.,,irc!rr,n .:r which else Property is ln+:ated. In the <br />cventthat any pr~vrsion nr elausc of this Mortgage .•r rhr `:,ne ~c+ntlic:+ with appticahla iaw. such canllict shall not affect <br />cMl'tetgrovisiuns d this MortgaYebrthc*itsu xh,ch awn ire t±,v.•n ctfrct ~,thtnu the coniticrihg groviseop.and'ta this. <br />atd:he Cravnions of the Mattgagearidshe Nmc Yrr declared ta> tse se,+erabk. <br />li. Mrrra.-er'r ('.off. Bttrmwer shalt tr f;rnrrhed a eonfomxd ,npv of the (dote and of thix Mortgage ai iris time <br />of earcatian dr niter recurdatuin hers^af. <br />C7. Trader a[ tie -esprt7t +ka~laa. i f all ar :any past. of the Propcm• rrc an tntcrest therein is wld ar transferred <br />bl' Borrower wuhoui Lender's priflr written etassent; cxrltvditxg (x3 the creation of a lien nr encumbretsce subordihate to <br />thin Martg+y"e. ibj tha cteatiott of a purrttase motley sectattty intetat fore household at>pliaatees, tai a Fransfer by devise. <br />dasentt or br ops:ratiars of law ixpon the death'ot a loins reissue ar fell the gram of any leaselroid interest of thrtx years tfr less <br />eat ctm[ainirts an upti0tt to purctiaae, Lender'may. at I:tader's optiatt: desists al! the sutrFS :secured by this lwlortgago td be <br />itmttaliateiy due aryl payable. [.ender shall ha^~e watveti sue3i option to aacclerau if. pt9or to the safe or transfer. lender <br />ar[d ilia patine to whotal tlfe Praptrty i5 w be sold or ttansferrcd reaeh agreement in svttiting that the credit of Koch person <br />is satisfactory to C.cnsier'aad that ahc itterest payable an the sums secuued by this'.tilttrtgage shall be at such rate as .Lender <br />shall roqucsF. if i_eteder hsa warred ['.et option to acrcittate provided in this paragraph 17, and if Borrtnver's .successor in <br />interest has ctecusrd a written amsutptipn agraesneat accepted ir, writing ~ Leader: Lender shall telease 'Borrower from. all <br />abLgatioas ureter this 1,[orig>se and the Nate. <br />if Lersder cierrises such opteon to asxrletate_ Cxndcr shall mail Barraaver notice o[ acceleration in accordance w•iih <br />paragraph td tterarf: Ssrch notx~e shall prnsridea periadof eat less than:~ltldays frt±m thedaYethe notice rs maiicdwithn <br />sYh,ch 14xrrywert•.mxttypay ilea ,tr'TAS &siartddtx. ifBorrawer failsrd paytueh sores pride to tlie'expirationrd such period; <br />Lender may. •xithottt fstrtlstr nailer or danand on Bartower: znvolte any !emedies permitted by paragraph ! K hereof.. <br />!Jul-I'srts~ortss Ctsvtwatrl'a. Harrower nerd Letsder further cavenanF atld agree as fallaas: <br />i>t, AeYYiara~ia~ lbace~s as }asviici ~ paragr>~k 17 barest, tyros Botrowet's brmh of nay cevctrsnt or <br />rRerawewt .( flsesss~er;6t tldri ~, lwciriitstC tbe: eoveamat ro par..rltrn doe say swu+i sreared by'shk ~urtlRT~. <br />l.aaiirr ~rEar Fa accelsrarlu arYB.wta7:tsotkcRU ieasa+fetr as preriAed itrpantSrs~k tdtsenof +tpccifyiu>;: t13. thebreach,. <br />fZl elan acsiaa ~ M stein slid beaaeli: ft4 a dace. net kes these 39 days,Crota the t~ iestitr ~ ensiled fo Burrower, <br />bt wliei sae[ tteaaci aet~t-t1R csae~ aadt41 tint tallarttg cvesucr;breaeh.tssor txforethttdatespeci8ed In kluttso ktkre: <br />'>wf resale lw aeceMratlon of rtes sneers seccrrd by L1sFs Mortgage. tw?trfestrru by judicial pmeces9h~ and sale elf ilea $tteprrty. <br />Ile Mlice nYai lietlter tatfaat /Mre~ert of tine rllbt to r~iserFaflc al~ler aN~ap sad fhe ri~6E to assert L[ the #txerf~bbwe <br />p-ocaeliq, tMr aaaresiatrat•r of a Mash w swv sister rtrfeaar afllmrxawcr toaeee4eratio®andfnsr~fa~xt-, If the breath.. <br />4s wet cored tie er beltve r4 die xparilkJ ie the sneers, 1.<atlat at.:l.eadat's. ceptsus. »ral".-@eelsre alt rrt the saitas seCUared lrv <br />[bi M+k'tptlte w Ee iaswseilftet7 dar :w4 asr~bie «itbuet fartAet dcmamff and ttaaiy loarec$twe by j:esllciai praecerlieyt.' .l.,ewder <br />riwM ~ eefMM M c~tc! !a sweet ~ocetliwr eA kc~ee,veauf. foeecMicute. iz~,rtttadirgt, woe lirwited ta,. crab [at tl+ttcwauwtary <br />e+3Mwtx. siatrarM ~ tJt{c rrrpars+F- <br />11. tMrPew¢t•w 1[tg6t M tteiuaale 'vcxi •+•rthst;~nr}sn~ i-xndei a ~zck'mr ~•>n ~t 4tee xfxazCr. strkired by eYskv ;ti„~sF.,«^=, <br />$atr~cr chx31 ?rhvr the riatrt -~ l+ra'e ai,7 p,~,~ii~,cs bc~uz try . I„ez:dcr to ct~r y ~ shis Atc>r~age s4istan»inucd nr Axry '~n~~ <br />