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Lender's written agreement or applicable law. Borrower shall pay the amount of ail mortgage insurance premiums in the
<br />manner piovided under paragraph 2 hereof.
<br />Any.amaunts disbursed by Lander pursuant to this paragraph 7, with interest thereon, shall become additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Harrower and Lander agree to other terms of payment, such
<br />amomnts, shag be payable upon notice from Lender to Borrower requesting payment thereof, and shah bear interest from the
<br />date- of disbur~tneni at the rate payable .from tune to time an outstantFiitg principal under the Nate tmlcss payment of
<br />'u:-~ crc-st rat ~.,~;h eta woi;ld K w„tm.~ to a~ieablr law, i:i :v?::fh Pvent ~3ch a_*_toznts shat! tsar inter~sG at the highest rate
<br />perrttissibk uncle applicable law. ltilothiag caniaisted in-this paragraph 7 "shall requite Lender to irseur any expets~ ar take
<br />-any actioa hereunder.
<br />H:- Iapet:floa: Lender-may make or cause to bemade-reasonable entries-upon and inspections of the Property; provided
<br />that ,fi.endcr sha12 give Bsaower notice prior to any such inspection specifying .*easanabte cause therefor related to Lender's
<br />interest in the Prxtgerty.
<br />4. ~s~ees---~itl~s, sae proceeds of any award or claim fa> damages, dErsct ar consequential,- in conrsection with any
<br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shah be paid fa Lender:
<br />in the event of a total -taking of the Property, the groceeds shaII be applied to the sums secured by this Mortgage.
<br />~ -with the excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower sad Lender
<br />otherwise agree in wri@itig„there shalt be applied to the sums secured by this Mortgage such proportion of the proceeds
<br />.~„t as is equal fo Yhat proportion which the amount of the sums secure8 by this Mortgage immediately prior to flee date of
<br />,, taking" bears to the fair market value of the Property immediately prior to the date of taking, with the balancx of the proceeds
<br />f paid tm Borrower.
<br />~ if the Properiy is abandoned ty Borrower, or if, after notice by Lender to Harrower that the condemnor offers to make
<br />r` an award or settle a claim far damages, Borrower fails to respond to Lender within 30 days after the date smch notice is
<br />mailed; Lender is authorized to collect and apply the proceeds, at Lender's option, either ro restoration or repair of rite
<br />Property or to the- sums secured bj' this Mortgage.
<br />€3nless Lender add Borrower otherwise ague in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date a# the monthly installments referred to in paragraphs t and 2 hereof ar change 4he amount of
<br />suds installments.
<br />18. Borrnrrer Riot Reiea~. Pxtension of the time for payment or modification of amortization of the sums secured
<br />by this Mortgage granted by Leader to any successor in interest of Borrower shall not operate to release, in airy manner.
<br />the liabil'sty of the ariginaf Borrower and Borrower's successors in interest. Lender shall not be required to commence
<br />proceedings against such successor ar refuse to extend time for payment or otberwise modify amortization of the sums
<br />secured by this Mortgage by realms of any demadd made by the original Harrower and Borrower's successors in interest.
<br />Zi. Rorhesrtmce by ieerdu Not a Waiver. Any Forbearance by Lender in exercising any right or remedy hereunder, ar
<br />otherwise afforded by applicable law, slap not be a waiver of or preclude the exercise of any such right or remedy,
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall noe be a waiver of Leader's
<br />right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />12." itemediea Ctmtala•Fe. All remedies provided in this Mortgage are distinct and cumtstative to any other right or
<br />remedy under this Mortgage or aiforded by law ar equity, and may be exercised conettt-rently, inde;setsdemtly or succesF-°ty.
<br />13. 9accessars yeti Asa~ds 14oamd; ,Tofit and Several iaalx"tity; Captfoms. The covenants and agreements herein
<br />contained"shall bind, any- the rights hereutsdtsr slap inure ta, the respective successors and assigns of .Leader and Borrower,
<br />subject fa the provisions of paragraph- 17 hereof- AI! covenants and agreements of Borrower slap be joint and several.
<br />The captiods and headings of ate paragraphs of .this Mortgage ors for convenience- only. aqd are not to be used to
<br />intcrp~e or-utiu~c u~cpiu.'~aas.hereof.~ - - - - -
<br />14, PTotke. Except ,`ar any aolice required under applicable law to be given In soother meaner, (a) any notice to
<br />Borrower provided. for is this. Mortgage slap be given by mailing suds notice by certified mazy addressed to Borrower at
<br />the Property Address ar at sueft other address as Borrower may designate by notice to Lender as provided herein: and
<br />(b) any notice to Lender shalt ~ given key erti&ed mail, return receipt regt~sted, to Lender's address stated ixrein or to
<br />such other address as Lender itmay designate by notice to Borrower as provided herein. Any notice provided for its Ntis
<br />Mortgage-shall be deemed to have bean given to Borrower or Lemler when given id the manner designated herehs.
<br />15, iJnlfsrm Mortgage; Governing Law; SeverabRitg, This form of mortgage combines uniform covenants far aatIanal
<br />us: artd non-uniform covenant with lihsit:d variations by jnrisdiction to constitute a smuarm security instrument caver9o8
<br />real property. This Mortgage shall be governed by the 1_w of fhe jurisdiction in which the Property is located. in the
<br />event that any grovisiad or clause of this Mortgage or the Note confriets sr'tth applicable law, such con#lict shall not affect
<br />otlser pravisior- c# this Mortgage or tbe Nate which car. be given effect withatrt the conflicting provision, attd to thm
<br />erid the provisions of the Mortgage and the Note are declared to be severable.
<br />26. Bonrosrer's Cdpy. Borrower shall be furnis`~ed a conformed copy of the Note and of this Mortgage at the time
<br />of"execution ar after recordation hereof.
<br />17: 2raaafer of the Ptropsty; Astvaraptioa. If alt or any part of the Property or an interest therein is soli or transferred
<br />by Borrower without Lender's prior written carrsent, excluding (a) the creation of a lien or encumbrahce auhotdiaate to
<br />this Mortgage, (b) the creation of a purchase money security interesf for household appliances, (c) a transfer by devire,
<br />descent ar by operation of law upon the death of a jaim tenant or (d} the grant of say leasehold interest of three years or tee
<br />not camaining an option to purchase, Leader may, at Lender's option, declare all the sums secured by this Mortgage to tee
<br />immediately dos artd payable. Ixnder slsall har-e waived such option to accelerate if, prior to the safe or"transfer, iettdcr
<br />add the person-to whom the Property is to be sold or transferred reach agreement in writing that the credit of such person
<br />satisfacto:; to Lender a_~d that tlse in*_erest payable en the sums secured by this Mortgv;e slap be P±auch tote as under
<br />s>talt request. if Leralcr has waived the option -ta sccelerate provided in this paragraph 17, and if Bormwee's sucttazor in
<br />ipterest has exacutcd a written asauatption agreement accepted in writing by Leader. Leader shall s'eleax Harrower frorttall
<br />alsligatiods u,~der this Mortgage antl the Note.
<br />If Lender exercises such option to auxlerate, Lender shah mail Borrower dWice of acceleration in ac~cdance will
<br />paragraph Y4 hereo€. Such m+tice slap provide a period of not las rhea 30 days from the date the notice is mailer within
<br />wltielr Borrower tmay-pay ile, sums dared due. If Borrower faits- to pay such sums- prior to she expiration of such period,
<br />Leader may'; wittsout further motive or demaul an Horrosver, invoke any remrdres permitted by paragraph 18 hereof,
<br />Norr-Uivtt~sz Co*rHxew'rs. Borrower and Lender further rnvenaat oral agree as faltows:
<br />18. ,~eceicraNa!t? Remetiks. tztept as previakd fun pars~graph l9 hereof, Ar~rosrer's beeaeh of atfq euvanaat ~
<br />agreei~at uf` Aotra m this f~4nstg#ge, iasEatLiaR_ #Ge cawea:Ms to @ay w8oa doe say saga secaeed by tlds Mme,
<br />I.a>ra4r lattor to xcelsratlan-shall ttmii aotiee to hwsosrer as pmvkied m pnr~rap6 i4 hnaef apeelfyla(;t (1; the 8»ette6;
<br />(tl the action req> to care each br?xacht (~ a unt less thae 3t1 days from ~ dmc dha e~o~e la aarife~ to Barro+ier,
<br />by wisuh aoc6 brew most be cured; sad (4) ever taHure to emre such 7ireacfi on ®r before tlrc date m Flee aof&e
<br />cosy esgra"ci ie tcs~r3~s,tiiun of flke sum sceared 6yr slsls 26for•.q~te, tarecloanre by judldai- t®d ~. ~ ~.
<br />'t'he natlce shtrfl farther inform Harrower of tine algbt to relastate after acceteratiott sad the rlglrt as assert m ~ ~e
<br />proceedit~ the m,sr•estsieaee of a defasstt ar any Qtber defense of Hmrower to ~ sad tot'ZdoeRe. H tIre iKeasb
<br />is nai cared on arhe4'ote rote date specideti<, hs [br modce, Lender at Lender's option map dEC~re 11~ a( flra senna seeared lay
<br />this ;iifart~e to bt smatedfiatery $tx and QayBla` vrifheuE tssrthee' remand asd mar: foreehrsC hY , Lender
<br />ahaN be entitled to collect in stop grog a$ expeatss ~ forectosare; iadttditrg; isnf ~ d to, colds of docnmentarq
<br />evidence, absitwct>. and tiE~ separN.
<br />1fL igorf[owa~s to ltels~ate. NatmrithstaadiAg I.endet`s acceleration of the sums secured by this Mortgage,
<br />Harrower shall have ttm "tom to hove any piarceed'etsgs begun- by Lender to enforce this Mortgage discontinued at any time
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