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Lender's written agreement ar applicable law: Borrower shall pay the amount of all mortgage insurance premiums in the -
<br />manner provided under paragraph 2 hetco€.
<br />Any amounts disbursed 6y Lender pursuant to this paragraph 7, with .jntetest thereon, shalt become additional
<br />irtdebtedtnws of Borrower secured 6y this Mortgage. unless Borrower and Lender agree to other tetras of payment, such
<br />amounts shalt be payable upon notice from Lender to Borrower requesting peyt±~^-i thereof, and shall bear interest from the
<br />date of disbursement at tlse rate payable frota time to time on outstanding p .cipal under the Note unless payment of
<br />interest at such rate would be contrary to applicable Taw, in which event such amounts shag hear interest at the highest rate
<br />porroissiote-under applicable Taw. RTothing contained in this paragraph ;shalt teyuire Caroler to incur any expense ar ta.'°e
<br />any action hcrecrtdcr:
<br />C77 8. Lender rosy make ar cause to be made reasonable entries upon and inspections of the Property, provided
<br />~„ than I.endcr shat] give Borrower notice prior ro any such inspection specifying reasonable cause therefor related to Lender's
<br />v interestia the Property.
<br />~ S; The proceeds of any award or claim for damages, direct or cottsegt~atial. in connection wilt any
<br />cartdcmnatson or otTter taking of the Property, or part thereof, or for conveyance in ilea o€ eandetstnatian, are hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a tote! taking of the property, the proceeds shall be applied to the sums secured icy this Mortgage,
<br />t>D with the excess, i€ any, paid to Borrower. Io the event of a partial. taking a€ the Property. unless Borrower and Lender
<br />t\ otherwise agree in writing, there shalt be applied to the sums secured by this Mortgage such proportion of the proceeds _
<br />as :s equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to the date of
<br />` taking bears to the fair market value of cite Property immediately prior to the date of taking w'sih tbe balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borzower., or if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Borrower fails to respond to Leader within 3Q days after the date such notice is
<br />mailed, Leader is authorized to coAect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured )Sy this Mortgage.
<br />17nless Lender and Borrower otherwsse agree in writing, any such application of proceeds to principal shall not extend
<br />or postpora: the due data of the monthly installments referred to in paragraphs l and 2 hereof or change the amount of
<br />such ivstalim+ents.
<br />I5. l~3arroxer Not )$etem4ed. Extension of the time €or payment or modsftcation of amortizafson of the sums secured
<br />bq this Mortgage granted by Lender to say successor in interest of 13orzawer shall not operate to release, in sap: manner,
<br />the tsabitrty of the original Borrower and Borrower's successors in interest. Lender shall not be reGttired to eotttntettce
<br />proceedings against such stccessor or refuse to extend time for paytttent or otherwise modify amortiza6an of-the sums
<br />secured by this Mortgage by reason o€ say demand made by the original Borrower. and Borrower's successors in itttcrest.
<br />ii. irorh~rrlaee Try Leader Not a 1rPaiver. Any forbearance lay Lender is exercising any right or remedy hereunder, or
<br />athervvise afforded by applicable taw, shall not be a waiver of or preclttde the. exeretse of any such-right or remedy. -
<br />Tfte procurement of itsurance ar the payment of taxes or other hems or charges by Lender shalt not be a waiver of Lender's
<br />rsghr°tcs accelerate the maturity of the indebtedness secured by this Mortgage. t
<br />12~ R~ledtea L~kmelaHre. ATt remedies provided sn this Mortgage are distinct and cumulative to any other right ar
<br />remedy-under this Mortgage or afforded by Taw at equity, and may be exerised concutTentiy, sndependentIyor suecesssvety.
<br />l3. sraee~s ~ Asalgas Hona11; 3oiat sad Several I3abBlty; Capttomc. The covenant and agreements herein
<br />eaatasbed shalt bind, and the rights Itereundtr shall inure to, the respective strccassors and assigns of Leader amt T3arnta~er,
<br />s;i$ject to the provisions of paragraph 1i hereof. Atl covenants and agreements of Borrower shalt be joint and severe.
<br />The eaations sad headina.. of the paragraphs of this Mortgage are for caavenieme only and are not to be u~i to
<br />interpret or define the provisions her~f.
<br />*: E"°~ fo---any ,.mice required wader apt %;c lam to be giv .. in ++other mamter, (a) any L~Ce *~.t
<br />Boaavrer provided for in this Mortgage shalt be given by waiting such nonce by certified mail addressed to Borrower at
<br />the Ptsaperty Address or at sash other address as Harrower may designate by narce to Lender as piavided herein, awl
<br />(b} any rtorce to Lender shalt be given by certified mail, return receipt requested, to Lender's address stated herein or ta-
<br />cosh-other address as Letrder may designate by horse to Borrower as provided herein.. Aay notice provided-foe in this
<br />Mortgage shall be deemed to have bean given to Borrower or Lender when given in the manner dessgnated herein.
<br />15. Ut~ore- itdortgage; Govetal~g Lax; Seva7it~ity. 'Reis €orm of mortgage combines uniform covenants Far rtaroaal
<br />use and non-uniforat covenants with limited variations by jurisdiction to constitute a uniforrtt security instrument covering
<br />-real ¢roprxty. Th[s Mortgage shall he governed by the law of the jurisdiction in which the ~Pertl' ~ located. la the-
<br />- event that -any provssian or clause o€ this Mortgage or rice Note conflicts with applicable. law, such conflict shalt -nest affect
<br />other provssions of this hfartgage or the Note which can be given effect- without the conftictitrg provision, and to thin
<br />end thx provisions of the Mortgage and the Note are declared to be severable:
<br />ib. &isruwer's Copy. Borrower shalt be furnished a conformed copy of the Note and of-this Mortgage at the time
<br />of execution or after.recordatioa hereof.
<br />`aT. `3'str~far of tree 3*y; Assaalpiimr. I€ aN ar any part of the Property or an interest theaeirt is sold- 6r traasfert>xl
<br />by Borrower witlusuY Lenders prior written consent, e;tcTudsn$ fa) the creation of a lien or eactrtttT}ra'nce sulatrtlmam W
<br />this Mortgage, {b) the creation of a purchase money security interes# far household apptiartces, {c} a transfer Iry devhe,
<br />descent ar by operation of law upon the death of a joint tenant or (d) the grant o€ arty leasehold interest of three years or less
<br />not containing as option to purchase, Long may, at Landers option, declare ail the sums secured try this Mortgage to be
<br />immediately titre and payable. Lender shat] have waived such option to accelerate if, prior to the sate or transfer, Letxkr
<br />artd the person to wham the Pta~rty is to tae said or transferred reach agreement is writing that the ctredi! of s:~is lierspn.
<br />is saxrsf'~tory to Leti~r and tfsat tF.e intermit psyal:te err flee-sutras sxura3 by this lyfort$agc else]] ]re at s ram as Leader
<br />shalt request. If Trader has waived rho option to accelerate provided in this paragraph l7, sad if Borrower's stuce»or in
<br />itrtoteat gas executed a written assumpri~ agreement accepter in writia$ by Lender, Lender shall release Borrower frmn alt
<br />alsTigatiotes ugaler this Mortgage and the Nate.
<br />Tf i.easder exazeises arch option to asceTcrate, Lender stroll mail Borrower notice a# asccteraroa is acettrdanea with
<br />paragraph t4 lureof. Such Horse shall provide a parsed of not Less than 3(3 days tram the date the ao#lce is mailed wilttsn
<br />which Harrower may pay rho surtw declared titre. Tf Borrower fain to pay sack sums prior to ttw expiration of sudi period,
<br />Lender-may, without-furtfser notice ox dmrand oa Hcsrroiver, irrvoke arty remedies pertniBed:by patatgrapTr 1$ hexeo&
<br />]Kona-I3arnt Gi~v¢xttr€s. _Borrower and Ltndor further. covenarti sad agree as faTtasrs:
<br />Bt3: Fscept gta .presfdtd t9 fltnof, a Eearower's 6/snseit ~ troy cavaalu~ ar
<br />+',~ :v~:v..e.ea~'.a ~'.:a:fie, ~~-~a.:a:~:5sz raczrs~ Y ~ ~ ~s M
<br />Ltd y93pr io cos s8sT1 ma9 notte¢ to Harrower >w ptroristed: to praph Y4 6eire@f mgt E1) ts~h;
<br />} a`irtESacliwt c to cure raci~ 3-c-eta; t3) a date. nos Ezra tl~a ~ ~s from tf3a is wed fo Dtcrrowss,
<br />h7 rr~c$'stech'Timeaeh tarot !se cored; and (~} riser faeurc to care asell 6rereh oe 9tr kirfee`e :the +datc.~ecBied in !!le notice
<br />eat r~ ~ atlen of tr.~ aa~ ae..tirsa br ttr;s M«~r, ~it~taa~ e~ aaa ~e ~` ~t >'~
<br />'iL we/~ .iLaR.1~-,e. tafnrvnltnrnpr~e of i~a_ r?e$!. to w3oc!atr ,t4atl thl-Fi~flt !!tt treert fe tl~ fa[OCt~4:.
<br />D the YPC•lStd6KY o[ ad`:faDll ar attyathfr defeaae $~ ~ 64 tiC~tCta7a~arh Yndfarttele~e, ~-Nfe hR~t
<br />.la fLt t~FEd-a9 YrSOf9r2 the ~" fC 6plti'~ad bi the 6lDf1Ct. A+CIIIlQ`t' ill TTs mZKy d0tltanC all of-~! S$~!~ lGCaioil l6y- -
<br />rhlaMorty~e 8o tie issweedratbtly dre smd paytrhte wp#aot-fsl'rtlertTSa#a~+T acid ~" fotreseigaa 6y ~ IEi• Laedm'
<br />- E~lt l$e. 4/1~TRCl •p COTICSr Tn 68Ctt ~-PMCi'tTIP$ SST E7[ ~ f@s~!_ s b~! OQt tas-C91M$ ~ t'y
<br />@+liw~rC2r -'' :~FrC n aad'dHe r2Fe .~
<br />- - lS. Bertvwxrr !ts t;:•rlaata'.c. Tdatwitlsstaadir~-£ea~`s aaeeTcration ' of the corns secured - by this Mortgage, -
<br />Ttcurower shall have. lira r~ri to have any pro~ediaga-begun tsy: l.ert~c to eoforco this Mortgage dnacttntinued at any rme
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