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<br />Lender's written agreement or applicable law. $arrower shad gay the amount of aft mortgage insurance premiums in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to Phis paragraph 7, with interest thereon, shalt become additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree Yo other terms of payment, such
<br />amounisshail be payable-upon notice from Lender to Borrower requesting payment thereof, and shalt bear interest from-the
<br />date of disbutset~ieni ai the Talc payable :,~~~ # ; uu,., ondia~:g princ4pal un~r rt,n i+lets n*tloss p?y~sent of
<br />interest at sueEt rate wquTd be contrary to appiicable Saw in which event such amounts shall bear interest at the highest rata
<br />p=rstalssiL•ig under zpptisabla law. Notlt6ng contained in this isaragraplt 7 shall require Lender to incur any expense or-tape
<br />any action hereunder.
<br />B. I~ec#~t. Lender may matte or cause to be made reasonable entries upon and inspections of the Property, Provided
<br />rhni r~rdar tltali give Harrower notice prior to any such inspectior. specifying reasonable cause therefor related to Lender's
<br />.interest is the Property.
<br />9. The proceeds of any award or claim for damages, direct or consequential, in connection 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 to Lender.
<br />In the event of a total fairing of rho Property, the proceeds shah be applied to the sums- secured by this Mortgage.
<br />with the excess, if nay. paid to Borrower. In rho event of a partial taking of the Property, finless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Mortgage such proportion of The proceoda
<br />as is count to that proportion which the amount of the sums secured by this Mortgage immediately pr'sor to the daft of
<br />taking bears to the fair market value of the Properly immediately prior to the date of taking, with the balance of the proceeds
<br />pain to Harrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or sable a claim foe damages, Harrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and apply the proceeds. at Lender's option, either io restoration or repair a€ the
<br />Property or to the sums secured by this Mortgage.
<br />Unless Lender and $orrowor otherwise agree in writing, any such application of proceeds *.o principa} shaft not extend
<br />or postpone the due date of the monthly inataitments referred to in paragraphs I and 2 hereof or change the amount of
<br />such installments.
<br />10. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Mortgage granted 6y Lender to any sucsessar in interest of Borrower shall not operate to release. in any manner,
<br />the liability of the original Borrower arrd Borrower's successors in interest. Leader shall not be required to commerce
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortiration of the sums
<br />secured by this Mortgage ley reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />tt, ~ hg Leader N~ a'iS'slve=-, Any farl~arance by Lender *.n exercising any right or remedy hereunder, or
<br />otherwise affartied,by applicable law, shall not be a waiver of or preclude the exercise of any such right or zemedy.
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shalt not be a waiver of Lender's
<br />right is accelerate the maturity of the indebtedness secured by this Mortgage.
<br />IZ, Re®edies Cematatlve. Ali =atnadies provided in this Mortgage are distinct and cumulative to any other right or
<br />remedy under this Mortgage or afforded by law or equity. and may be exercised ccneurrenUy. independently or successively.
<br />t3. ssssa~ trod Assigns 3oand; 7olmt and Soverd Liability; Captiot~. "lYte covenants and agreements hr `
<br />caniaired shall bind, and ; ~ rights hereunder dfall inure to, the respective successcrs and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph i7 hereof. Ati covenants and agreements of Harrower shall be joint and several.
<br />Tee captions and headings of ti?e paragraphs of this Mortgage are fcr ccr 4nietxe orgy and a*e not a be t>aod fa
<br />interpret ar define the provisions hereof.
<br />2d. Alot:st. Except foe any notice required under applicable Iaw to be given in another mancer, (a} any notice to
<br />Borrower provided far in this Mortgage shah be given by matting strh ncf-ire by certified mail addressed to Borrower at
<br />the Property Address or at such other address as Borrower may designate by notice to Lender as provided herein, attd
<br />(b} any notice to Lender shall be given by certified mail, return receipt requested. to Lender's address stated herein or to
<br />such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this
<br />Mortgage shall be domed to have been given to Borrower ar Lender when given in the manner designated herein.
<br />A * • ~YS-aa~~y, ?his fog of ?±eortgag~ ~?mbinas uniform covenants for natioaat
<br />use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering
<br />real property. This Mortgage shalt be governed by the taw of the jurisdiction in which the Property is located. In rite
<br />event that any prcrZSion or clause of this h3ongage or the ivate ccrf€ists w'sth appliuab~ law, such ^ontiicf slra! not affect
<br />other provisions of this Mortgage or the Nate which can be given effect without the cenflicting provisooo, and to this
<br />end the provisions of the Mortgage and the Note are declared to be severable.
<br />16. Borrower's Copy. Harrower shalt be furnished a caniormed copy of the Note and of this Mortgage at the time
<br />of execution or after recordation hereof.
<br />17, Trier at the PraPxtty; Ataannptton. If all or any part of the Property or an interest therein is saki or transferred
<br />by Borrower without I.endet's prior written consent, excluding ta) the creation of a lien or encumbrance subordinate to
<br />this Mortgago, (b} the creation of a purchase moray security interest for household appliances, (c) a transfer by devise,
<br />descent or by operation of Iaw upon the death of a joint tenant cr (d) tits grant of any teasohold interest of thtce years or kss
<br />„;n:„,~,it;,; an optiv.. to p=.~rshase, Condor may, at Lender's option, det:Iare ail the sums cured by this Mortgage to be
<br />imnssdiateiy due and payable. Lender shall have waieed such option to accelerate if, prior to the sale or transfer, Lender
<br />and the perm fo sham rho Property is to be sold or transferred reach agreement in writing t,'tat t R :.relit of s-~°h person
<br />is satisxfactory fo Leader and that the int~Evst payable oa the sums secured by thss Mortgage shall be at such rate as Lender
<br />shall request. if Leader has waivod thq option to accek:rate provided in this paragraph l7, and if Borrower's successor in
<br />interest h~ exa:trtsd a writterf assumption agt'eerrteat arxeptad in writing by Lender. Lender shalt tek~rs Borrower from all
<br />o4sligatiors under this Mortgage and the Note.
<br />it Lst~* exer~±s~ sash option is accelerate, Lander sheik mail Borrower notice of accek:ration in accordance wilt
<br />paragraph 14 hereof. Such notice shtfB provide a period of riot less than 30 days from rho date fire notice is mat7sd within
<br />which ilarrowcr ma, pat the sums declared sue, if Harrower fails to pay suelt sums prior to U'ix expiration of such period,
<br />Lsndor may, without further aoti;:e or demand on Borrower. invoke any retttedies permitted by paragraph i 8 hereof.
<br />Nrua-Utatroat s CovmnAat'rs. Borrower and Condor farther covenant and agree as follows:
<br />3A. RsmetHes. Lraes~ ~ pretvidad m paragrapk i7 hereof; neon Rorrower'a 6rsach a+t anq covenant ~
<br />of Sotraarer ht 16tortgagx, ~ covenants to pay when doe may sates arxared ~ ~
<br />I.e~sr l tg shat ru+tRs to Soraowee x 1-rovklad in ~ I4 boreal : (3) ffie brexit;
<br />1be s to end bczseh; (33 a date, set lean >tlrea 3U days froer the data ~ notice is tented to Eoere-wsr,
<br />hY sG'If$r~ attch 11reAteh asset ke timed' anti ~~ that itp"iarrfo ears each b~rlr +rn arr bafare tie :'~ #Ite cc
<br />a"t yg sff 6h+e s seeer+ed by this ~+ fstri~invuae 6y juddsiat pig and ode ~` the pr arty.
<br />'iflte 8e~to " ht[erat i9+~sawer ~ the tlgEd W ieina€ate otter aeesi=_r8tbn anti the ~t to aasrrt ~ the toreclasnre
<br />4he anri sahtssee of s{ detsedt or nay sec dofetrse of Borrower to acceiirruti~i anti toaedo':we. ~ Elm breach
<br />set erred utr 4? bet+sre ffac date t~ecified fa €he ~tatiee, zuder Rt Lersikr's option may dertars aB e~ the sew aecr~A by
<br />~ he etcdy tine i pugslrte wirbout forlher demand sad miry Poreeiose by pmca~ug. 3.eader
<br />dn~ be eked ~ collaet in aoe6 afis etcpttaes of fnr~closare, fncittd[.'+g, bpi not lirsiteil cos cow of dotnmenttty
<br />evie^s, ,off Wle rCp9ttlk -
<br />1!!, gertwwa~a 3 ~ ReFe~ate. Nottvith~tanding Lead@r's acceleration of the soma secures by this Mortgage,
<br />Borrower shall have rho right to have-any proceedings begun by Lefider to enforce this Mortgage. discontinued at any time
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