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Lender's written agreement or applicable law. Borrower short pay the amount of all mortgage insurance premiums in the
<br />manner provided tinder paragraph 2 fiereo£
<br />Arty amounts disbursed by .Lender pursuant to this paragraph 7, with interest thereon, shall become additionat
<br />indebtedness of Iiorrowtr secured by this Mortgage. Unless Borrower and Lender agree to other tetras of payment, ouch
<br />amounts shatt.bs payabit upon ttot-ce from-Lender to Borrower requesting payment thereof, and shaft bear interest from the
<br />date of disbuTSErt~ent- ai-the tale payable from time to €ims oft outstanding piinctpat -under the Note unless payment of
<br />mter~;-at such rate` would tse contrary to agptieable law, in which event such amounts shall bear interest at the highest rate
<br />perm-ase'•?~ under-applicable-taw, Nothing cuntaintd in this paragraph 7 shall rzqu-re Lender to incur any expense or take
<br />o~'~ , hci~•t.
<br />~. Iuspettioo. Lentkrmay make or caLSe to be-made reasonable entr-es upon and insgedions ofthe Propertj+, provided
<br />CJ • shat Lender shall give Bo_ rrower notice- prioe t4 any such inspection specifying x+easonabte cause therefor related. to Letider°s
<br />~ lntereaC in-the Property.
<br />~;, ~, Cnade®asd4o. 7lee proceeds of any award or claim fo; damages, direct or eonsegtrent-al, in connection with-any
<br />,,,. condemnation or other taking of the Prope*fy; or pact thereof. or for canvtyance in lieu of condemnation, arekereby a~ign~
<br />and strati be paid to f,eader.
<br />ID t1:G event of a total taking of the Property, the proceeds shalt be applied to the sums secured- by this Mortgage.
<br />~ with ilia excess, if any, paid to Borrower. In t}ie event of a partial taking of the Property, unless borrower and Lender
<br />f~ otherwise agree in writing, there shalt-lie applied to the sums secured by this Mortgage such proportion of the geoceeds
<br />as is equal to that proportion which the amotmt of the sums secured by this Mortgage immediately prior to the date- of
<br />inking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid fo $orrower.
<br />If die Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settte a cla-m for damages, Borrower fails to respond to Lender within 30 days after the date such -notice is
<br />maitezt, Leader is atrtltorized to collect and apply the proceeds. at Lender's option, eith„-r to t~.stnmtion 4r repair of ttac
<br />Property or m the Burns secured 6y this Mortgage.
<br />Unless Lender and torrower otherwise agree in writing, any such application of proceeds to principal shaft not extend
<br />or postpone the due dart of the monthly instal-tnents referred to -n paragraphs t and 2 hereof or change the amount of
<br />such ;astatltrttnts.
<br />ifi. Barraw~ Not Itelraed. Extension of the time for payment or modiScation of amortization of the sums scented
<br />by this Mortgage granted by Lender to any successor in interest of Borrower shall not operate fa release; in any maane-,
<br />the liability of the original Borrower and Borrower's successors in interest. Linder shall not be required w commence
<br />procKdings against such successor or refuse to extend time for payment or otherwise modify amortizatitsn of the sums _
<br />secured by this Mortgage hY reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />E 1. Por{~earffiee by lttt~r Not a '9Vtdver. Any forbearance by Lender in exercising any right or rerreedy herxundtr, or
<br />otherwise afforded by- applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy.
<br />'Che grocnretneM of insurance or the payment of taxes or other liens or charges by Lender shaft trot be a waivtr of Lender's -
<br />right to accefemte the maturity of the indebtedness secured bi+ this Mortgage.
<br />12. Rtsaediea Cemalative. Alt remedies provided in this Mortgage are distinct and cumulative to any other right or
<br />eemedy under this Mortgage or afforded by law o; equity, and may be exercised concurrently. independently or successively.
<br />t3. Seceestws sad Asatges Soaasd: ?oiot and 3evend Liatt~tg; Capt[otas, The covenants and agreements herein
<br />contained shall-bind, and tine rights hereunder shall inure to, the respect-ve successors and assigns of Larder and Bore.
<br />subjtxt to the provisions of paragraph t7 hereof, A-I covenants and agreements of Borrower shall be joint .and several. _
<br />Tltx capiiorss sad bead-ngs of the paragraphs of this Mortgage are for convenience only and are trot to be used to
<br />inttrprtt ar de6ceE the gmvisions hereof:
<br />Y4. Notice. Ertcxpt for any a4tice tequ-red under applicable taw to be given in another manner. (a) arty rn..Rn ~ is
<br />Borrower provided for in this Mortgage shalt be given by malting such notice by certified ma-1 addressed to Borrower at
<br />the Property Address or at :such other address as Borrower may designate by notice to Ixader as provided herein, aril
<br />(bJ arty notice to Lender shaft tee given-try certified mail, return receipt requested, to Lender's address armed herein ar to
<br />st~h otter address as tsender -may designate by notice to Borrower as provided herein. Any notice provided fist in this
<br />Mortgage shall be decried io have been given to Borrower or i.ender when given in the manner designated hexeio,
<br />1tS. Uofform Mortgtgt; CovttnL~ tarty; Severatsi8ty. This form of mortgage comitittes uniform covenants for aationai
<br />use and non-uniform covenams with Iiaeited variations by jurisdiction to constitute a uniform sceurity ins¢rumeat covering
<br />teat property. This Mortgage shaft tse governed by the taw of rite jurisd'ectioasn which the Property is located: fn the
<br />event that arty provis-on or clause of this Mortgage or the Note con6-cts with applicable taw, such rxtsftict sfral[ not affect
<br />ocher provisions of this Mortgage ar the Note which can be given efftet without the conflicting provision. aiid to-this
<br />cod the provisions of rite Mortgage and the Note are declared to be severable
<br />Y6. itiorrosrer's Copy. Borrower shalt be furnished a rnnformed copy of tree Note and of ffi-s Mortgage at the tineC
<br />of execution or after recordation hereof.
<br />27. Trao~er of tfit Property; Assempti4n• If 81l Or any part Af the Properly 6r err iII€CTESt there-n rs sold IIr traDaferred
<br />by Borrower without Lender's prior written consent, excluding (a) the oration of a Lien or encumbrance subordinate to
<br />this Mortgage, (bT the creation of a purchase morsey security interest for household appliances, tc) a transfer by devise, _
<br />descent or by opecatinn 4f isw upon the death of a joint tenant or (d) the grant of any leauteoldsMerest of three years or less
<br />txx containing an option to purettase, Lender may, at Letsdec's option, declare all the sums secured by this Mortgage to be
<br />immediately due-and payable. Lender shaft have waived such option to aceelerate if, prior to the sale or ttatnfer, Ltttdtr
<br />and rite person to wtxtm rite Property is to be cord or transfe~ted teach agreement is wrii-trg that the credit of sceh petsrsn
<br />~ saiiafactory t4 Lender and that the interest payable on the sums secured by this Mortgage shalt be at such rate as Lender-
<br />shall rzgeest. 7f Lender has waived ilia option to accetetate prov-dtd in this paragraph 17, sad if Borrower's suamanr in
<br />irtieresi has eaectrted a written assumption agreement accepted in writing b'i Ltndtr, I-trader shall release Borrower from-all
<br />obtiLtat-orss under this Mattgage and the Note.
<br />3f Lender ez$re'tsts such ogtiort tes accele att. Lender shall malt 13orrotver notitt of acceleration in aocardance -with.
<br />t~Itit F4 herrRf. S<.;.t _a.•~.:.. sis-~lt Yro:~ a r:.,'--~.... of °.~ l°°° ti:.n 3'3 da,;~'..,ar ~ w the ~-'--z ;s ~,:zfl r.,-~'u
<br />wleieh Borrower may paY the sums dexlartd dui, If Borrower fails ra pay such sums prior to the expiration of such period,-
<br />Ltt:d~ rimy, w-titout ftnthasr Dotter or ~mattd an i?orrower, invoke aDy remedies permitted by paragraph l8 [~xaof;
<br />ir-Utratroezt CovexerrTS. borrower and Lender. further covenant and agree as foilowa:
<br />BS. ~ Swept sit ptorided ~ pstsgrapk I'9 beeeof, tspoe Biitrotem's IStaacA M ~y esve~f
<br />M'Br ~ this ~. the eoveeatatcs to Pay wiaea tae mtp antes :eta ir9 #r'~t ~:
<br />prk~r to ~ ~! tta~ e®tiet w trarsnn,r as provided ~ per !# a € (l) ttae
<br />t31 rite ~yinc > ~ carte sir-braeeha t~ s ate, aoe k~s 3B-days frem rise aa~ the .tie ~ tom. ~ ]f~
<br />By srlektt .tense! n+eaf !ta sect-(4y aw fsNnrc to cure brittcL uu or ba4ote tlrt date is We aaiiee
<br />teary rtaseN is acctierstlaw ef`~a stcuet~ by dtta Mort~e, Forme 1-y Icttl ~ ~ tttde of t6a atty.
<br />- i oe ~~a. zitaif iirti;~r 6sa~f `u~ad~s~ 6i me mat :. iii ~tY'-R c2~' ~ ,:r.2' td:- 6~1' to ~rf ~s ~ f
<br />greeabdl~ t!!e sae-ex3rteme eR a drab rx say otlsr Oerttate M Borrus~r to acct>le~stion ind fet~o~e. II :16e 6rat~
<br />Ie not taml on or isrlort the. dstt specl9ed in the noibet, iesdee n L,xadet's agidoa drrfare ~ o[ tl-e saipw eeneared by
<br />~fr tlfottgcge to 1R taeroxdt~r dot acct psysbie wHhom fttrtiser ckmand! smd my toteeloee b3 3odleld ptese Ter
<br />_ sal be ~Htfr~d !a eoffcet -a Lek prQrecdir3g ati ¢xpeas~ cst fareelanure; inei; b®t oot lirntttd to, e~ of di~mesttbty
<br />cYidt4fce, aitintrscia trod Htk >rpaty.
<br />1~. 18mxorrer's ~t to ittdnstatz Notwitnacaadotr t.eay3et't-ascr;tetstian of the sums securest by this IrYortgage,
<br />If4rrower strrtl have the right to have any prnceediags btgwt tsy Lender to ertfrirce this Rfortgage discontinued at anY time
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