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<br />Lender's written agreement or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shalt become additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to ocher ttrtats of paymeot. such
<br />amuxaL< shall be payable upon notice from Lender to i3artawer requesting paytnent thereof, and shad bear interest from she
<br />daft of duburstmtnt at the rats payable from tittle to time on outstanding principal under the Nate unless payment of
<br />interest at such raft would be rnatrary zo applicable taw, in which event such amounts shall bear interest at xhe highest rats
<br />pernrissible under applicable taw. Nothing contained in this paragraph 7 shall require Linder to incur any expense or take
<br />uy a~:aw Rr°.t.~.'L~°
<br />E. Lencler may crake or court to t~ made reasonable entries upon and inspections of else Property, provided
<br />that Linder shall give Borrower notice prior ro any such inspection specifying reasonable cause therefor related to Lender's
<br />interest in the Property.
<br />9. C n, T'he proceeds o€ any award or claim far damages, direct air consequen#iai, in connection with any
<br />condemnation or other taking of the Property. or part thereof, or for canveyanct in lieu of condemnation, art hereby assigned
<br />and shah be paid is Lender.
<br />In the event of a fatal taking of the Pmptrty, the proc~ds shall be applied to the Bruns secured by this Mortgage.
<br />with the excess, if ary, paid to Borrower. In the event of a partial caking- of the Property, unto Borrower and Lender
<br />otherwise agree in writing, tbere shalt be applied to the sums secured by this Mortgage such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to the data of
<br />taking brats So the fair market value of the Property immediately prior to the date of taking, with the balance of the Prceceds
<br />paid to Bartawer,
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the rnrtdttanor offer to make
<br />an award or settle a claim far damages, Borrower fails ko respond to Leader within 30 days after the daft such natict is
<br />mailed, Lender is authorized to rnllect and apply the proceeds, at Lender's option, eether to restoration or legate of the
<br />Pro~rty or to the sums secured by this Mortgage.
<br />Unl~as Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shalt rat extend
<br />or postpone the due date of rite monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of
<br />such installttsents.
<br />10. i8oreowee Not Released. Extension of the time for pa•~;stent or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to any successor in intere3°z of Borrower shall rat operate zo release, in any manner,
<br />the liability of the oieginat Borrower and Borrower's anccessars in interest. Lender shalt not be requited to catzam?nse
<br />practtdings against such successor or refuse to extend time for payment ar otherwise modify amortization of the sums
<br />secured by this Mortgage by reason of any demand made by the ariginat Borrower and Borrower's atctessors in mteresE.
<br />31. Forbesrsate tag Lettdtr Plot a Wafver. Any forbearance by Lender in exercising any right ar remedy hereunder, or
<br />otherwise afforded by applicable taw, shalt not be a waiver of or preclude the t;tercisc of any such right ar remedy.
<br />Tire pracuretnenz of insurance or flee-payment of taxes ar other liens ar charges by Lender shalt not be a waiver of Lender`s
<br />right to accelerate the mahtriky of the indebtedness secured by this Mortgage.
<br />12. Rtmedles Ctimaladve. Ail remedies provided in this Mortgage are distinct and cumulative to any other right ar
<br />remedy under this Mortgage or afforded by taw ar equity, and may be exercised earscurrtntly, indtgtndenliy or attectssively.
<br />13. 3ace~ors red Assiges Boaad; 7olnt sad 9eveml I.iabBlty; Captaaats. The covenants oral agreemrnts herein
<br />conkained shall bind, and the rights bereund"er shall inure ta, the respective successors and assigns of Linder and Botts„wtr,
<br />subject to the provisiasss of paragraph i7 hereof. Ali covenants and agreements of Barrowar shah ht jdint and several.
<br />The captions and headings of the paragraphs of this Mortgage are for convenience only and ate rat to be used io
<br />interpret or define t3st provisions hereof.
<br />1Q. Pletke. Except for any notice required -under applicable law to be given in soother tttanner, (a) any notice to
<br />Borrower provided for in this Mortgage shall be given by mailing such notice 6y eerzifted resit addressed to Borrower az
<br />the Property Address or at such other address as Borrower may designate by notice to Lender as provided herein: and
<br />(b? any notice to Lender shalt be given by certifttd mail, return receipt regtresied, ko Lender's address stated herein or to
<br />such otber address as Lender may designate Icy tsatice ko Borrower as provided herein. Anp notice provided ft,r in then
<br />Mortgage shah be deemed to-have been given to Borrower ar Lender when given in the manner drsignated herein.
<br />3~. `vaRo~ 1R'Iort~e; ^vavtr;sirig Lap; BtverabiBty, This form of mortgage combines ttnifarm covenaits for national
<br />rase and non-uniform covenants viith 1tmited variations by jurisdiction to constitute a uniform s~urity inszrumtnt covarin$
<br />real property. Tieis Mortgage shall be governed by the law of the jurisdiction en which the Property is located: in the
<br />event that any provision or cause of this Mortgage or the Note conftieL wiL'r applicable taw, such cotsftict shall sot affect
<br />other provisions of this Mortgage or the Nott winch can be given effect without the canflicteng provision, and to this
<br />end else pravisiorvs of the Mortgage and the Note ate deelated to be severable.
<br />16. &trrower's Clapp. Borrower shall bt furnished a conformed rnny of the Noze and of this Mortgage at the time
<br />of ext~utu,ra or after rec~arda*=an htreef.
<br />17. Transfer of the Property; AarpNon. If alt ar any part of the Property or an interest therein es sold or transferred
<br />by Borrower without Lender's prior written consent, ezeluding (al the creation of a litn or encumbrsace subordinate to
<br />this Mortgage, Eb) the creation of a purchase money security ineerest for household agptiancts, (^? a transfer by devise,
<br />descent or by operation of taw upon the death cf a jo'snt tenant ar fd; tic grant of anp itasehold interest of three years or less
<br />rat cantaineng an option to purchase, Lender may, at Lender's option, dretare ail the sums secured by this Mortgage to be
<br />immediately due serif payable. Leader shall have waived such onion to accelerate if, prior to the sale or Transfer, Lender
<br />and the parson to w'ttom the Property is to be said or transferred reach agreement in writing that the credit of such persmt
<br />is sarisfac±ary tc Lenwr and that the interest payable an the sums secured by this Mortgage shall be st such rate as Lender
<br />shalt rtgtxst. If Ixrtdtr has ptaivtd the option to accelerate groyided in this paragraph 27, sad if Bor~awer's successor in
<br />interest has executed a written assumption agreement accepted in writing by Lender, Lender shag re Borrower from all
<br />abBgatioos under thes Mortgage and tl~ Note.
<br />If Lender exercises such option to accelerate, Lender shalt mail Borrower notice of acceleration in accordaact wiffi
<br />paragraph lb hereof. march notice shall pioviae a period of rat Teri than 30 days from zht daze the ixatlee is mailed within
<br />which Borra;rver may pay the sums declared def. If Borrasver fails to pay such sums- prior to the expiration of such period,
<br />Leader may, wetht,ttt further notice or demoted on ltonower. invoke say remedies permitted by Paragraph I$ hereof,
<br />Nox-iSxit:~artii Cov~hms. Borrower and Lerx3er further covenant sad agrc~ as €al3+iws:
<br />IB; ?,,Eel-rte; a '~accpt ~ gs4vidtd itt l7 7aaaetrf, - l~isasrtr'e Lsesch eL any caras>.at ur
<br />sgi-~e of Aurrowtr lot tltR i4tar a--s~t, 3sdia3iffg else enccrraan~ to,Fsy vrlteu dge aay sums secaereA by t1~ 1Vit;rt~ge,
<br />:mad. ~r ~ ~t:~:~!~.~ .~~i r,y== E3 >~r w ~wvf~ ~ p~ta 14 Tst:rt~f ~Y~ q1). ibe >t
<br />(2J P.tx act3os r+rq ~ cwt ssth breach; {3} a dais, pM leas tbiea 30 days-frost the daft dot .gotfce ds tmHtd to ~srnmrtr,
<br />bg witch much brrazrt crust Dc cmut; sad (4; that fa3iure to extre s fxeach as or befors the t era b} the notice
<br />may xxrett In aeealerateoa of thz sung secured by tt~ Mrprtra~, fsrt~~Eer<ace by jmlicial proeeet~ and srde of else 1?'mfrtrdy
<br />'Ihe coffee s6R9 ixrthcr i~ora Bmrrarwer o[ the rfgist to re}estate sfber ttteeleratios aed Ike ri~kt to Baser! a~ #lte fertc(osme
<br />prxeeditsg fife noaa~tieteace o£ a de£aalt or any otLtr defense of $snrewtr to atcakratHin ~mdi`sa~e. It thtr Ikrae6
<br />'ia-ntk carte a~ or before the date spece6ed v ttx radar, Leader n Leaders nptlpe aaay declare siB ~ fhe Beans aetarea by
<br />the ASortgzge to Tie httmedtattly doe a+ad payable withaat fnrihc[ dttngsd t®sy fat+ec'fos_e Gy jadlclsl @~. Leader
<br />elf ~ ~s b' x~ss6ir ae:.h preen at} ezgtce~ of fertcir~, fr+ best fltnBsd to, cosh of doteinentary
<br />*G alscts ~ ttpoata:
<br />A9 )gonroveer~ Rf$Ett to Reintkate. Notwithstanding Lender's acceleration of-the-sums secured by This Mortgage,
<br />Botrowtr shalt'have the right to have-any proceedings -begun by Lender to enforce this Mortgage discontinued at any time
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