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<br />Lender's, written agtseteeenr or applicable law; Barrower:shaltpaytheamvunt ofallnrortgage insurance'..premiums in the
<br />manner Prodded urtder paragraph 2 hereof.
<br />.4ny amounts disbursed by Lender gursuant to this paragraph 7,with::incerest thereon;:shalt become additional
<br />indeb!edness of Aorrower secured bythis Mortgage.:..Unless Harrower andLender'agree to other terms: of. payment such
<br />amounts shat] be payable upon notice from Lender to-Borrower requestingpavmenfthereo#, andshall bear`iuterest from the
<br />date of disbursement at the rate payable from time to time ott oitstanding; principal under the Note unless payment of
<br />interat at such rate would iec cortraty to apphcabie law, in which event'sochamounts shall bear interest at'the highest rate
<br />permissible under applicable law. bathing contained in this-paragraph ?shall require Lender to incur anye>;pense or take
<br />any action hereuft~r.
<br />d. Itss~eclisa, Lender may make or Cate to be made reasonable entries upon and inspections of the Property, provided
<br />that Leader shall give Bortowtr notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interestin the'Property:,
<br />4. Coademaadme.=The proceeds of any award or claim for"damages, direct ar consequential, in connection with coy
<br />condemnation-or athertaking of the Praperiy;-or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and-shalt be paid to I:ender.
<br />In the event of a total aking of the.. Property, the proceeds shall lx applied to the sums secured bV this Mortgage,
<br />with the excess, if any,."paid to Borrower: In the event of a partial taking'af the Property; pntess Borrower and I:ender
<br />.otherwise agree in writing; thtte shall be' applied to the sums secured by this 'Mortgage such proportion of the. proceeds
<br />az is exlttal to-:[hat propottiorc which the amount bf the sums secured by this :Mortgage imtnediatetq .prior to the: date of
<br />caking bears to the fair-markefvalue of the Property immediately prior to the date of taking, wit`: he 6alance:of the proceeds
<br />paid to Borrower.
<br />If the Irroprrty is abaftdotrod by Borrower, or if. after notice by Lender to Borrower that3he condemnor offers to make
<br />an award orsettle a claim for damages, Harrower. Calls ro respond: to tender within' 30 days after the date such notice. is
<br />[nailed, Lender is antharized to collect and apply the proceeds. at Lender's-option, either to restoration or repair of the
<br />property ar to the suttts secured by this Mortgage.
<br />Unless-Lender attd Bortttwtratherwisa agree in writing, any such application of proceeds to principal shall not extend
<br />or posfpane the due. date of tht tt~ttthly installmtnts`rtferred to in paragraphs t' and 2 hereof or change'. [he amount nP
<br />such Iftstallrneftts.
<br />is. lorrower Plot ldeaaar. Fxtrnsion of tAa time for paymem or rnodification of amortization of the sums secured
<br />by this Mortgage granted by Lcitder ta'any successocin interest of Borrower'shall not operate to release, in any manner;
<br />the' liability of'the original Borower and Borrower's successors in interest. Lender shall not 1>e required to commence
<br />proceed"mgs against sacfi suxersor ar rrfvse to exxcnd time for payment or otherwise modify amortization of the stems
<br />secured by this Mortgage by teteson of any demand made by the original Borrower and Borrower's successors in interest;
<br />'11, F«<ietltres -f heavier ?Wit a Walter. Ang forbearance fiy :bender in exercising any right ar remedy hereunder,' or
<br />otherwise aifa[ded 6y appl'tcabte taw, shag lent he a waiver of ~~r preclude the exercise of any such .right or i•crncdy:
<br />The procteretnent of insurance or the :payment of axes or other Iicns or charges by Lender shall not be a waiver of Letrder s
<br />rfghc to accelcrate [he maturity ef`tht indebttdrrcsa sccurcd by th;S Mttgage:
<br />1Z Rsc~ea'CaasaLtlwe._ AB rexrredies provided en this Mortgage are distinct and cumulative to any other right. pr
<br />remedy utrder this Morgage ar attorded Erv law or equity: and may he exercised concurrently. independently or successively.
<br />73. 9raeee'an aai:, A~ig~s foaa$s Jaiat ad Srvml.I.ia6BYy; Cartioas The covenants and agreements'-herein
<br />contaitxd shatf'bind. and the rights lrcrcund~r shaltrnurc to, the respective successors and. assigns: of [;ender and'Borrower,
<br />subject to the proeroioas of paragraph i7 }tcreof.- All covcnanu and agreements of Harrower shall be joint and several.
<br />The° captions and headings of thG paragraphs aC this Martaage are far canvtniencc only and arc not to he used Yo
<br />interpret or define the. provisions hereof.
<br />ld. Piatlce. Except for any uraiae required undeir applicable law to lx given in another manner, '{a) any;: notice to
<br />Borrower provided tot in this Mortgage shat! be givrn by mailing:: such. native tsy certified mail addressed to Borrower a;
<br />the' protxrtyAddrtsti or at such:othtr addtcss as 8arrawer may desir:rte,by notice to ],ender as provided herein, and'
<br />(b} my notice to Lender shall be givrn }ri ctrtiftcd mail; return receipt requested, to Lender s address stated 'herein or to
<br />s~c!t other addrm as Lender may desi6rtatt by rroticc to Borrower as provided. betel[[. 4ny notice provided far in this
<br />Mortgage shall bcdeemod to have heete gtvcn to Barmwer ar ],ender when givrn in the manner. designated herein.'
<br />1S. tiaifot~ MorlpgG Gweniat I,awtSererahiilty. This form of mortgage combines erniform covenants for national
<br />oar and twn•nnifortn coyarams with limited variauorus by jurisdiction to canstitutc a uniform secunty:instrument covering
<br />txal property. This Mortgage shalt be gaverrted by the: taw of the jurixlictian in vrhich the Pmpeny, is' 3ocattd. In the
<br />.event that arty, provision or clatuc of this Mortgage or the Note conflicts with applicable Iaw; such conflict shall not affect
<br />other: provisions of this Mortgage or the *lrrte which. can be .given effect without .the conflicting provision. and to this
<br />sod the provisions of the Mimgage anti the Note art declared to be uversble,
<br />1~. •onowe s Ceq. Boraowu shalt be furnished a caufornred copy of the Note and of this Mortgage at the time
<br />of execution oc after rccotdatiatt hereof.
<br />t7. 7'ratrrltr of the Prgpfy; - If alt or any part of the Property ar an intcrtst therein is Bald or transtcrted
<br />by Bono,.cr without Larder's prior written consent, excluding ta) the creation of a Iitn or enctimbrarce su'uordnate to
<br />this Mortgage, (b} the createon of" a purchase money security- intcresr far household, appliances; fc) a transfer by devise,
<br />descctrt ar by operation of law upon the death of a }faint. tenant or {di the grant of any leasehold interest of three years or less
<br />not containing as option to purchase, L=~tder may, at [.endet's option, declare all the stems secured by this Mortgage to be
<br />immediately due and payable.: Lender shall Have waived. such option to accelerate if, prior to the sale ar transfer, Lender
<br />once the persoe: to whomtht Propaly is to lx. sold ar transferredreach:agroementn:writing;that the credit of such.:person
<br />is satisfactory to Letrderatxl tharthe mterest.:payable onthe sums se~n.-cd;:bythis.Mongageshall be ai such rate..as Lender
<br />shall requeu. tf Leftder has waived. the option xa aarelerate,pravided in ibis. paragraph 37, and if Bonower'.s successor in
<br />intuest hu axccuted a wrrtteft aaumption agreeftxnt accepted. in writing. by Ixnder, Lender sttall.reteasc Borrower from all
<br />obligations uedcr this Mortgagt and the Noe.
<br />If Lender cserciaes such option to ac~leraie, lxnder shall loci] Borrower notice of acceleration in accordance with
<br />paragraph t4 hettof :. Such notice shall provide a pexiod;af real less than-30 days from the date the notice is mailed within
<br />which liormwcr may pay the sutfts declared due. if Borrower toffs ro pay. such sums. prior to the expiration, o€ such period,
<br />Lender may, withovY further notice ar dtmacal as 8armwer, rnvole any retttedies permitted by paragraph 7£ hereof.
<br />tvav-Lr+tFOast COYEhANTS. BOrrawer and I.rrtder further covenant and: agree asfotCows:
<br />ti. Acarirratlea; Aeredies. Except as proriied La pantgrspb 17 beraaf, upon Borrower's breach of say covenant or
<br />ajreereat of /orrowu ire [Air htortgrtga isctadiagfhecovtftaa4. to tay:.rvheo dat`aav samsaecuredby. thisMortgage,
<br />header *rior to accckralioa shall mad eeuttcc to ilorrowu ~ provided is paragraph; t4 hereof spec%Eyiftg: tiD 16e Meech;
<br />(2) ebe scfSna rslaired to cots srech bcesclK t3) a date, mt Oeas than 3U days from the date the reotlce is ma8ed to Borrower,
<br />hp [[bleb sack breach [else k erred; and ;i) that failare to cure such breach act or helots the dale speeibed in the notkt
<br />sap resah le atxelrratba of the yams secured by tfeis Hoett{aae, foreclosttr~ by jndiclalproceedleq aad:sa~.ot the.1'raperty.
<br />lire caller deal! farthex inform liwrawer of flex rig,4r to reia+ctale after accclcrati+ra and the right o asssrt In the forerbsrtre
<br />practedi~ ttre rwn-cxiattrecr of a detaWt or arty other defrpsr of Bprrawtt to actekratioa cad` fotetto~re. tf the breach
<br />is oat sand oa sr before tart date specified is the notice, leader at I,cnder's nptian Wray dei:larcaE1 of the tiuars 5tcwred by.
<br />tltia ~faRr to 6t imsedirMrly doe and payab4 aittrout fartfrer Armand aw6 may toscxla ce by ~dlcial pmrteditr~.: I .todcr
<br />+Irdi iR tatilttd to co$ert to strcb teroctrdlnR off expenars n( Corrck~ure, ieclodiaa, imt:rwt timittaT to, costs afdoetemeatary'
<br />tv iAerece, ~arstricls cad title rrprjTts.
<br />l~. ~.erawrrs iiF~-+ to ReiRCtau. tic~tw;thstttnd~ng Lender ~ce;ara :- n c; :Fee stuns ~eurcd by this 3lorigage.
<br />fiL;nvrNer chaff haw tPr_ right iz ha,- ax;} ~rxe~iugs b•-~c~a 4y~ L=,;,der t,~ cc ~, .~ ft,~, Llvrri[a&a disccn~tsnue~' as clay. Jttre
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