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<br />Lender's written agreement or applicable law. Barrov.er shall pay the amount of all rnartgage insurance premiums in the
<br />manner pt'ovided under paragraph 2 h€,rcaf.
<br />Any amounts disbursed by Lender pursuant to ibis paragraph. 7, with interest ttserean, shall become additional
<br />indebtedness of L~orrawer Reared by this tifartgage. Usiless Borrower and Lender agree to other te;nes of payment. such
<br />amnxmts shall t>e payable upon notice from Ls:nder to Harrower requesting payment thereof, and shall hear interest from the
<br />date of disbursement at t#se rate payable from time Yo time on ouestanding principal under thx Nate unless payment of
<br />interest at such rate would L-e contrary to appliealsle lase, in which event such amounts shall bear interest at the highest rate
<br />_ ,., =ethic ,,,,de: anpticabte taw, ?8othing contained in this paragraph ?shall require Lender to incur any expt;rse or take
<br />ary action here-arr3er.
<br />pa pr` .., ~~.y, pr..
<br />s3. lt~speetlon. Lancer may make or cause to oe made reasona'-vle enerics a nand ins- _~tians of ti , Prr. -' ^vided
<br />that Lender shalt give Borrower notice prior to any such inspection specif}'ing reasonable cause therefor related is Lender's
<br />interest in the Property,
<br />9. Comdetatnstlon. The praezeds of any award or claim for damages, direct ar consequential, in connection with any
<br />candemnatian ar ether taking of the Property. a. a» thereof, or frr conveyance in lieu of condemnation, are Isettmy assigned
<br />~~_._
<br />and shall tee paid #o Lender.
<br />In the event of a #etal faking of the Property, the proceeds shall ire applied to the sums secured hp this Mortgage,
<br />with tl:e excess, if any, paid to Borrower. In the event of a partial taking of the Property, untess Borrower and i.ender
<br />otherwise agree in writing, there shall 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 6y this Mortgage immediately prior to the date of
<br />Yakang bears to the fair market valise of the Property immediately prior to the dale of taking, with the balance of rite proceeds
<br />paid to Borrower.
<br />A~._..~ ait~~ 4e
<br />It the Property is abancionea by torrower. or if, after notice by I-ender Ya Barrvwcr Yhai tic ean.,~.uuv. to ma..
<br />an award or setite a claim for damages, Borrower fails Yo respond en Lender within ?J days after the date such notice is
<br />mailed. Lender is authorszed to collect and apply the proceeds, at Lender's option. either to restoration or repair of t}te
<br />Property or to the sums secured by this h{origage.
<br />Unless Lender and Borrower aaherwise agree in writing, any such appticatian of proceeds to principal shall noE extend
<br />ar gastpanc the due date of the monthly installments referred to in paragraphs 7 and 2 hereof or change the amount of
<br />SUCK 7n5taiiments.
<br />10. Borrower Plot Released. extension of the time for payment nr modification of amartizatian of #Ite sums secured
<br />by this Mortgage granted by Lender to any successor in interest of Harrower shalt not operate to release, in any manner,
<br />the liabiiiry of the original Horrawer and Horrower's successors in interwar. Lender =hall not he requimd to commence
<br />pra+_ecdings against such successor or refuse to extend time far paymen± or otherwise modify amortitation of the sums
<br />secured by this Mortgage by mason of any demand made by the original Horrower and Borrowers successors in intermit.
<br />21. Forbeara€tce by Leader Not a Weever, Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />i;tnerwise afforded oy applicable law, shall not be a waiver of or preclude the exercise of any such right ar remedy.
<br />'I'he procurement of insurance or the payment of ta:ces ar ether liens or charges by bender shall oat tee a waiver of Leader's
<br />r'sght to accelerate tine maturity of the indebtedness secured by this Mortgage.
<br />2?. Remetties Cumolatire. All remedies prav'sded in this ?Mortgage are distinct and cumulative to any other right or
<br />remedy under this Mortgage or aftarded b_Y law or equity, and may be exercised concur runtl}', `sndependently or successively.
<br />13. Smcessars and Assigns Rennd; Joint and Several l.iabillts°. ~aptiuns. The covenants and agreements isen:in
<br />eantained shall bind, and the rights hereunder shall inure to, the respec±ive successors and assigns a£ Lender and Harrower,
<br />subject #o the provisions o:` paragraph i7 hereof. Ali covenants and agreensene. of Harrov.wr shall be join and °~•"~-rat.
<br />`;;~ ca~tians anti lse~=tin:', of €he paragraphs of this Isfortgage are €ar conveni~nsn only and arE oat to be used to
<br />interpt~t ar defEne the provisions hereof.
<br />Ia. N~z except far ~ notice required under applicable law za ex. given in aaather wanner, fal any native to
<br />Barra°cer provided for in 6his Mortgage shall be given by mailing such native by certified mail addressed to Borrower at
<br />rise Property Address or at such other addres-s as Borrower may designate try notice to Lender as provided hereto, and
<br />?;} a = - Lct usc€ shall t~ b von by certified mail, return receipt requested, to Lender's address stated herein or to
<br />such other.address as Lender !nay designate by notice Yo Harrower as orovided herein. Aay notice provided #or in This
<br />Mortgage shall he deemed to have been given to Borrower or Lender when given in rise manner designated harem.
<br />t5. iita3fnrm'R~Iartgage; Governing Law; Saverability. This form of mortgage combines unifatrn covenants for narianat
<br />use and eon-uniform covenants with limited variations by juristiicren to constitute a uniform security insmtment covering
<br />rP~l nr~ss,-rtv- Thi-c k9nrt~as4 shall be aavarned by the law of tlsQ jurisdiction in which the Property Ss located. In the
<br />everi# titer any provision ar clause of this Liortgage ar the Note eonHicts with applicable taw, such conflict shah oar affect
<br />ether pravissnns of this I tertgage or the Note which can be given erTect w~Ctwut the conHicrting provision, and to tier;
<br />u,.u `_ _- .:: __ - .ae Ra ~~a~E,P ~~d rite Nat._ a7 d~ ;gyred to ~ sr=verable.
<br />if6.vBorroarcr=s Copy. VBorawer shall be furnished a conformed cagy of the itIote and of this Mortgage at the ti:t~
<br />at exectnicas or otter recardatian herer_-f.
<br />I9, : rm~s€er at t~ I?stsps€tg; Ar~atnpsitrn. if all er any part of the Pro}~Y-.y er an inmrest therein is sold ar #racsferrstl
<br />by '~s,rrower +vithaut Lender`s prior writtctt consent. excluding {al the creation of a lien or encumbrance subordinate to
<br />this Iv4artgage. (}t) ttte creation of a purchase money security interest for household appliances, (c) a transfer by devise,
<br />i?=<sc~nt ar by op~raticn of law upon the acerb of a taint tenazst or (dt the grant of any leasehold interest of three years or Tess
<br />asst containing an t,p°ptian Y5 purchase, Lender may, at Lender's option. declare all the sums secured t;y this Mortgage to he
<br />immediately due and payable. Lender shell have waived such option ?o accelerate if, prior to the sak ar transfer. Lender
<br />and Coe person to x•ham the Pra}~rty i-. =.o de sold or er-ansfe.:td reach agreetnent n writing that tl~ credit o€ such person
<br />is satisfactar}• to Lends:r and that rite irzerest payab'te an rise sums secured by this Itiortgagc shall be at such rate as Lender
<br />shaft request, If Lender has waived rte option to accelerate pro4tisied in this paragraph t?, and if >3xirrawtr's sur~~+r in
<br />interest has executed a written assuta°;~zi::n agreeaaent attempted in exiting by Lender. Lender shall release Baerawer from all
<br />obligations under this Mortgage and the iJote.
<br />if Lender exercises soh option +a accelerate, Lenu~t shall mail Harrower native of aettkratian ir, accordance with
<br />paragraph l~ Fareof. Such notice slt2lt provide a per'ac3 <, s oat l~s than 30 days from the date rite notice is ntat'ted within
<br />which Barraw~r mat pay the sums declared due. If Borrov:cr fails to pay such sums prior to the expiration of such period,
<br />Under may, without further notice or demand on Harrower, invoke any remedies pzmtitted Fey paragraph 1g harLaf.
<br />Nax-G~ t1ttYt Ct'rvEraatv~. Harrower and Cruder furtixr covenant and a$tee as follows:
<br />Yg. AccEterationt ~ernedles. exeept ss prtevlded in psragrap#t l7 hereof, 63post P.orroerets brase4 of saty erereaaat e~d
<br />rse'taent o€ 13orrovrer In ffi%s (fore, ia+chtdltrg the covenants to pay when doe any saw aerared by tSft ~*
<br />£.etttlsr ~lor to acctkratlan suit mall notice to ~orrovrer a5 provided in paragraph 14 beeeaf speclfylrag: (fD rim ,
<br />( the ~f~a regitlred to care freaeh; (3j a date, twt ice' smut Sit days from tt~c date tt~ cxr~'ree ~ std ;~ F.tn~rrz=',
<br />try alt snob breech wnst ba cured; and {d) that failure to case such itr~eacb au ar before Ute date speclSed lea t~ tsoBre
<br />may rexolt ~ aeeetaratian of 8be snnuAS severed Sty !Iris Meaztgage, foreclasnre by jndirlal Proceeding asd sale of the ?rc~perty,
<br />a x rEmt-`see 3; ~ ufer ;;~+:over ;~ ttte rat to ~i.-ss#wti sft~ peceler~Yna ~d t~+ sight to X34 ~ t f
<br />the nmtt-oreaae~e a#' a default or mr~ other dcf~t~e of Borrower to acceleraYton attd fot+ectosars. If tba breech
<br />• L+t !tat cured on ar before the date specified lss rite nattce; Lestder at Lender'~e optkiin Wray dertace sQ of the terms secured by
<br />t9sss iiFortgaga to tee itnmeala:ely doe and payable witltoitt fortber demand sad itray foreclose by jatd6ctat proceeding. Lender
<br />see l~ enter to Wi=t is Ott ~ s sIl ax~t~es of forectc+snre, inslnding, 4emt not lltuhed to. crests of docamesEery
<br />evidee?rcee Srsetg a¢d tale reports.
<br />f§, ffiurrower's Ri~ttt to Reinstate. Notwithstanding Lender's acceleration of ilia sums secured by this Mortgage,
<br />Borrower shall have the right to have any proceedings begun by Lender to enforce this Marigage discontinued at any time
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