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<br />Lender's written agreement ar applicable law. Borrower shall pay the amount of ai3 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 tiaereon; shall become additional
<br />indebtedr=ess of Borrower secured by tkis Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amounts shalt be payable upon notice from Lender to Borrower requesting paytnent thereof, and shall bear interest from the
<br />dale of disbursement at the me payable from time to te,r:g ar .v~x~an„tt,.g •r : t ,.tt.~..ha N _~~
<br />- ,».. ,.:...c.pa. v x v u}xe u== t%dyluZl9t VI
<br />interest a3 stack rate would it` catttrary to applicable law, in which event such amounts skali bear interest st the highest rate
<br />j~I===;~ie u~d~ap-piieebia Iaw. iaYiting cantairted in fFtss paragraph 3 shat] require Lender to incur any expense ar Wke
<br />any action irereumler.
<br />S. lt~pecdtm. Lender may make ar cause to be made reatattatxk entries upon and inspectiatts of the Prtr~rty, provided
<br />that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interest in eke Prooertv.
<br />9. Caadema~5oa. eke proceeds of any award ar claim far damages, direct or consequential, in connection with any
<br />condemnation ar other taking a# the Property, or part thereof, or fur conveyance in lieu of condemnation, are hereby assigned
<br />and shat] be psis to Lender.
<br />In the event of a total taking of fhe Property, the proceeds shall be applied to the sums secured by this Mortgage,
<br />wIG Elie excess, if nay, paid Pa Borrower. Fn the event of a partial taking of the Property, unless Harrower and Lender
<br />athrrwise agree ir, writing, there skaii be applied to the sums secured by tkis Mortgage such proportion of the proxxeds
<br />`as is equal is that proportion which the amount of the eaters secured by this Mortgage immediately prior to the date of
<br />'°akir~ war3 to the fair raar;<ei value of the Property immediately prior to the date of taking, with tt~ balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the coademnar o$ers to make
<br />an award or settle s claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed. Lender is autkorized fo collect and apply the proceeds, at Leader's option, either to restoration ar repair of the
<br />Property or to the sums secured by tkn Mortgage.
<br />Unless Lender and Borrower otherwise agree in writing, any suck application of proceeds to principal shalt not extend
<br />or postpone the due date of the monthly installments referred to in paragrapks i and 2 ketxof or change the amount of
<br />suck instailmetrts.
<br />1B. Harrower Pict Rele~ed. Extension of the time far payment or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to any suxessar in interest of Borrower shad tsar. operate to release, in any maaaer,
<br />the ifabiiity of eke original Borrower and Borrower's successors ir, it:retest. Lender shat] net be required to commence
<br />proceedings against such successor or refuse is extend time for payment ar otherwise modify amortization of the sums
<br />secured by this Mortgage by reason of any demand made by The original Borrower and Borrower's successors in interest.
<br />l I. F©rbearance by lender I4tot a f?Vsiver. Any farbearanse Isy Lender in exerising any right or remedy hereunder, ar
<br />otherwise a$orded by applicable law, shall not be a waiver of or preclude the exercise of any such right or rernedy.
<br />the pracuretssent of insurance or the payment of taxes or other Irons or charges by Lender shalt not be a waiver of Leader's
<br />right to aeceterate the tstaturify of the indebtedness secuzd by this Morteage.
<br />I2. liesredies Caaaalative. Ait remedies provided in this Mortgage are distinct and cumu;ative to any oilier right ar
<br />remedy under this Mortgage or a$orded by Iaw ar equity. and may Ito exercised concurrently, independently or sa!cce~ively.
<br />i3. Ssccessttrs s~ Asas Hotrod; Yo#nt-aatd Ser-xraf 1.tY: Moos. :']te covenants and agreetrtents hclx....
<br />~atained shall bind, sad tier rights hereunder shall inure to, the respective sueeessa3 and assigns of lender and Borrower,
<br />subject to the provisions of paragraph I7 hereof. Ai] covenants and agreere-gnu of Burrower shah be joist and several.
<br />']'lee captions and headings of tree pa ~araphs of this ]!fartb,.ge are far canvenien,-•e ar,Ty and are net to 3a Used Yo
<br />interpret or deflae tke provisions hereof.
<br />`_#• IVotke. Percept far any rxstice required under applicable taw io be givaa in another manner, (a} any rtatsee to
<br />Borrower provided for in this Maitg~e shalt t'E given by maititrg sash nati.••€ by eertifled mail addressed to Harrower st
<br />the Property Address or at suck other address as Borrower tnaY designate by notice io Lender as provided herein, and
<br />fb3 any noti::e to Lender shat] be given ley certified mail. return receipt requested, to Lender's address stated herein or to
<br />such other address as Lender may designate by entice to Borrower ss provided tmrein. Any notice provided for in this
<br />Mortgage shall be deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />16, F;ulform :4#ortgsge; Governing Law; Severat~ity. 'Phis foras± of r»nrtg~~ -~mb3~~ ••nifartrt cc ~n:.t=~ few yati~.al
<br />use and non-uniform covenants witk limited variations by jurisdiction to constitute a uniform security instrument covering
<br />real property. 3'f;is Mortgage shalt be governed by the Iaw of the jurisdic#ioa in which-the Property is located. to the
<br />event that any prevision or clause of this Mortgage as ti*.a Azete conflicts •;nch applicable taw, stsal`t rnniIict shall not a$rxe
<br />other provisions of this Mortgage or eke Note wkick can Ise given e$ect without the conflicting provision, and to this
<br />em4 ~heiprovisions of the Mortgage and the Note ate declared to be severable.
<br />°~......s+er's €opp. Borrower shall be furnis'ned a conformed copy of the ;Vote and of this Mortgage at the Tune
<br />of execution or after recordation hereisf.
<br />17. Ttnasfa;r of the )Property; Assumption. if aN or any part of the Property ar an int.rest therein is sold or transferred
<br />by Borrower without Lender's prior written ronsent, excluding {al the creation of a }ten or eacvmbrance subordinate to
<br />this Mortgage, (t}} the creation of a purchase money security interest for hausehald appliances, (e} a transfer by devise,
<br />descant or by operation of law upon the death of a faint tenant or ]dl the grant of nay Ieasehold interest of three yeas or Less
<br />not containing art option to purcba~, Lender may, at Lender's option, declare alt the sums secured by this Mortgage tai be
<br />imatediateIy-due and payable. Lender shall ]rave warred suck option to accelerate if, prior to the sale ar transfer, Lender
<br />and the pcrsitn io whom the Property is to be- sold or transferred reach agreement in writing that the credet of such petsoa
<br />is stitisfaciaty to Lender and tkat tke interest payable an the sums sxurtd by this Mortgage shalt be at such rates as Leander
<br />shalt request If Lender ]sae waived the option ttt accelerate provided is tkis paragraph 17, and if Borrow~t:r's successor in
<br />iaierest-Tres executed a written assumption went acceptd in writing by Lander, Lender shall release Boaawcr from all
<br />abiigatotts under this Mortgage sad the Note.
<br />If Under exercises sash option to accelerate, Lender shall teat! Borrower notice of acceleration in accgrtlattce with
<br />~ragx'aph Ifi hereof: Sack rotate shaII prtwide a period of not less tkan 3D days from the date the rsotice is mailed kithin
<br />wkick Snrrawer may pay s_ke sums a~lared doe. ]f Harrower fails to pay suck sums prior to the expiration of such period,
<br />Leadzr may; syitharrt ftnttser notice ar demaatri on Harrower,. invoke any remedies permitted by Paragraph 18 hereof.
<br />".Fast-Lr*tr~*± Covoxeiirs. Borrower and Lettdar furtfier covetrant and agr~ as fottawa:
<br />13t, I-eceeeaati©n; ltstatcdtea. ='~'~pt art praeided h 11 hereof,
<br />,~~a~a;= of E..alltt~ ~ ~f, ir~isa[`fi~ the crive~te to °~0° t~ir+screr*s breareh of oay cavesaet or
<br />f~Y whose rise nay saw secreted by thin Maw.
<br />Leer prLsr !o accai~Qtair~r tom. rte hike to Borrower-» provided in patggcapA 14 beeMf (1) !Om bseacb;
<br />{2) the aaciivra req~.t+e6 to erl~ auek Ickt (;l} a tie, ant Lass' Wan 38 days from. the dste 1lte sa~lfee h mtdFed to HBrrereer,
<br />h±• ~lr~ eo .. {, h.e~;.a. m;~' ?;.^ :;^ f4~ tts~ fs~la: a Ea ~ sus;rt t~s va e~ before tl~ doh > 4rt .the ~1ue
<br />tut;y t=anlt en acrekratlaxt of itlt sooB satttrefi by iN~ar{ta. fared bY' att~ of ;i'topetlg.
<br />'S'he rtoiicv. stcall farther iafornt t~trotiet of Ibe tigkt Jo retnstxie after xedarat~a aapd eke t oa aaaKtt m tlpe {foresMeme
<br />prrceedtree tree tton-czis3sace of a debtrdt. or atsY ~tAer detc~e of ~arror+ee ~ srceterafiott sad fae®cls~Y. H the h
<br />f- .t05 r~ nn cr before thx d>~c sl+ec~sd ~ the Vie, Leks3er ~f ix.°.tier's apsk~n aatag ~ ate of ~ (tams secated
<br />Wm ,~,uz.~ iv ]rr immedit~ieEy due > ptt3Erbe6 whTtoat farther detested ,Tad tree} foreelo~ by Jsdicisi praeeediag. Lender
<br />ab~ ~ raf`dko Y,t coetert iu sncn adi sxpraus of Pus, inch,-bent so# ilmkttl to, ~•osts of &ocaexntpry
<br />- evidznee,, Abairaeb and L+tieti~p9rffi.:. - -- ~ -
<br />!~. iS~•msved's Right to Rcitutata IVotwKhstandissg Lamder's aateteattt'resn of tke sutras secured by this Mortgage,
<br />Ba3r€csvrer shall leave fltc•, ri~it to leave any proceed"tags hegun by Lender to enforce skis Mortgage discontinued at any time
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