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<br />78-'~ €3f~~~~P/
<br />Leader's written agreement or applicable taw. Borrower shalt 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 y, with imeresi thereon, shalt become addikional
<br />indebtedness of Borrower severed by this Mortgage. i7nless Harrower and Lender agree to other tertris of paytnent, such
<br />amounts shall he payable upon notice from Lender to Borrower requesting payment thereof, and shall bear interest fran the
<br />dw.t° of .t.tt.:..~mn~ sa ttu use nstiat.to frivn rtzn.. fn Limo- ntttstandin~ nrincenat Wider fhe Ngt€ unless aaytrtettk of
<br />f...)..v.w. ......: ,,.,.a
<br />int~rsst at such rate woultl be cotttraty to applicable law, in which e.°ent sueh amounts shall lxsr itttetxst at the !tigltest rate
<br />pernt#ssible under applseabls taw. Notfiing contained in this paragraph ~ shalt require `Lender to incur any expense ar tolls
<br />any action herettoder.
<br />S. Itisp=cti~a. Lertder may make ar cause tti be made reasanab[e entries upon and inspectivess of t~ Pralxny, provided
<br />shat Lender shall. give Borrower native gror to any such inspection specifying reasonable vatt.~ ihsrefar related to Gender's
<br />interest is tke P;it~rt*.
<br />9. toadernffatloa. The proceeds of any award ar claim for damages, direct or cansegttsntial, in connection with any
<br />condemnation ai other taking of the Property, or park thereof, or for conveyance in lieu of condemnation, ors hereby assigned
<br />and shall be paid ra Linder.
<br />In the event of a total taking of the Property. 4he proceeds shall be applied to the sterns secured by this Mortgage,
<br />with the ezeesa, if any, paid to Harrower. In the evens of a partial taking of khe Property. unless Borrower attd Lender
<br />otherwise agree in writing, there shah tre applied to the stuns secttred by this Mortgage such prnpttrtiort of the proveeds
<br />as is equal Ea that proportion which the amount of the sums secured by this Mortgage immediately prior to the daft of
<br />taking bears to the fear market value of ilia Property immediately prior to the date of taking, with th-balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abartdonsd by Harrower, or if. after pollee 6y Lender to Borrower that the candemnoe olfecs to make
<br />an award or settle a claim for damages, Harrower fails to respond to Lender witfiin 30 des}s after the date sttclt notice is
<br />rnailat, lender is autttariaed to collect attd apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Property or to the sums secttred by this Mortgage.
<br />t3ntess Lender and Borrower othenvix agree in writing, any such application of proceeds to ptine'rpal shall trot extend
<br />ar postpone the due date of the manlhly installments referred to in paragraphs 1 and 2 hereof or change the amount of
<br />sueh instatttnents.
<br />20, Harrower Not Released. fixtertsion of the time for payment or modification of amortization of the sums secured
<br />ty this Mortgage granted by Lander to any sttccessor in interest of Horower shalt not operate to release, in any manner,
<br />the liability of the original $orrower and Horrawer's successor, in interest Lender shall not be required to rnmmsttce
<br />pratedings against such successor or refuse to extend time for payment or otherwise modify atttartization of the sums
<br />secured by this Mortgage by reasor. of any demand made by the original Borrower and Borrowers sttccessors in interest.
<br />31, ~ by I.estkr Not a R'slver. Any forbearance by Lender in exercising any right or remedy heretmdet, or
<br />otherwise afto^ded by applicable law, shalt not be a waiver of or preclude the exercise of any such right or remedy.
<br />The paoettremsnt of insurance or the payment of razes or other 1'retts ar charges by Lender shall ntst be a waiver of Cinder's
<br />right to aexlerate the maturity. of the indebtedness secured by this 7!fortgage.
<br />I2, Re®edies Ctmtaiative. All remedies provided in this Mvttgage ors distinct and cumulative to any other right or
<br />remedy under this Mortgage or afforded. by law or equity, and may be exercised concurrenity, independetttly ar successively.
<br />13. Saes~oas end Assigrts Honed; dolat asd Several I~lahi~ity; t:aptiorts. ":he covenants and agreements it. ".
<br />.-.oa€a3ned shall bind, amI <~~ rights hereunder shalt inure to, the respective scres~,sors and as~sigtts of Leader and'Horrower,
<br />subject to ttrt> provisions of paragraph 27 hereof. Alt covenants and agreements of Borrower shall be joint and several.
<br />The vaptiatts and 1',sadiub, of the paragraphs of this Mortgage acv for vanvenienve aaly asd at. net t^_ ]x .,~ to
<br />interpret or deSne the provisions-hereof,
<br />i4. Noticr. Except far any notice regtdred under applicable taw to be given in another rnantter, (a) any notice to
<br />Barraw~r pro:°id~ #ar in this A4artgagz shall be givvtt b's mailing such notice bs .ertified mail addressed tv Borrower at
<br />the Property Address ar ai such gtlter address as Harrower may designate try notice io Lender as provided herein, and
<br />(b) any notice to Lender shall ire given by certified -mail, carom receipt requested, to Lender's address stated herein or to
<br />sueh outer addre~ as Lender -may designate by Mice to Hortower as provided herein. Aay ttat~c provided fat- in this
<br />Mortgage shall he deemed to have biett given to Harrower or Lender when given in the mantter designated here'vt.
<br />Fg> Ek~g~ Mrt+~,~s; n_ q.~~~ i~~ ~vr3v, "I?tic form of utvrx~aae cvmbs.~ urti€nrm covenants far national
<br />u~ end non-ttrtifomt covenants with litnized variations by jtarisdktioa to cottstitute a uniform s~urity instmment eoveriag
<br />real properly. This Mortgage shall be goeerned 6y the law of tits jurisdiction in which the Proptrri is located. Ili the
<br />°-mot th- any prvvisio ~ yr vlauss of u'tis Marigage ar the .vats cenfiivts with apptivabls law, s•,tvh conflict shat] clot atle~
<br />other provisions of this Mortgage ar the ]vote which can be given effect bvithaut-the conflicting provi~an, and to this
<br />end the grovisians of the Mortgage and the Hots are declared to be sevembls.
<br />26. I~rt'Ower'S copy. Horrower shall be fum'rshed a conformed copy of the Note and of this Mortgage at the time
<br />of ezeeutian or after recordation hereof.
<br />29. Trattsl'er of the Property; Assaatptioa. If al! or any part of the Property or an interest therein is sold or traffiferred
<br />by Borrower without Lender's prior written vonsent, excluding (a) the czeation of a lien or eacumbrance subordinate to
<br />this Mortgage, {b) the ereatian of a purchase money security intetese far househaId appliances, {v} a transfer by device,
<br />dement or by operation of law upon the death of a joint tenant or {d) the grant of any leasehold interest of three years or kss
<br />rot catnainirtg an option to purchase, Lender may, at Lender's option, declatx all the sums seczred by tbi$ Mortgage to be
<br />imtttediatsly due and payable. Lender shall hays waived such option to accelerate if, prior to the sail or transfer, Lender
<br />and ttis person tv whom the Property is to be sold yr transferred leech agreetrtent in writing that fi+e vrediY of such person
<br />is sa~sfactary to Leader atxt that the ir~t=rest payable on the scans secured by this Mortgage shall be at such rate as Lender
<br />shell aregt~st. T# Leader ltas waived the aptior.-to accelerate provided in this paragraph t7, and if Borrower's suaeesattr in
<br />iaterese has sxevuted a xritten assttntptian ag<eetnsnt a:.,°e~°°~' in writing by Lender. Lender shall release Borrower from-all
<br />obligations under this Mortgage and site Note.
<br />I# Lender exercises such option to accelerate, Lender shall rnaii Borrower pollee of acceleration in avrnrdanco with
<br />paragraph I4 hereof. Suvh native s1ta1l provide a period of pat less than 3fl days from the date the notice is mailed within
<br />which Horrawer nta+ pay tiro sttrns declatred dt~. 1f Borrower #;:ils to pay sueh sttrr~ pttiar to the iapiration o° such period,
<br />Lrendtr rosy, without further notix or demami on Borrower. invoke any remedies permitted by paragraph 28 hereof.
<br />Note-Urtrt~atY.t Covexerrrs. Horrvwer and leader furtber rnvenant cad-agree as follows:
<br />28, _ Tiiaca~ ma ~ ~ tT hereof, Horrowe~s ~ of spy eor or
<br />sgrieesnetd ~ nnirswer itt lids Mottle, the coret~sMa let pay vrhee d~-any aecrosd by thga Mme.
<br />tar pt~r to s3trler~lon s4r~ tas8 t+tt 13orroseer as prevlded ~ 1 i4 hereof apecUylag: (2) ties 6raseh6
<br />i~lhe action ='=fi° do cpaa h trh: t3} s d#e, aoi kas 39 days Ero~at tract date r3oBce ~ sred b
<br />icy ereuth siren irirsets moat ao tareit; ~i #4i ia~ue ip case ~§ iesetteit tta or or+s ttaa dsie ~ the ao~se
<br />ray tr_.pxir is acceleration n€ the s.taas serarad kY Mo+ fem. Icy jadlclal procee~aH cad ~ tAe Psaperb.
<br />tto2ica shalt futfktr+ infotad 11;BrfOwidr o[ the r~r to relsat4te a€tstr cad EAe ;iBitt is assert 1D ~ fosedana~e
<br />the o©s-cxi~ties e~ a defa~t or sag' otE~r defemr o€ Borrower to aeraHea a~ ice. I# the t~aeh
<br />fs cwt cur-~.i an a::.eiore #l:z dt#e ~ t~ aWtc~, li.ett~r ~ I:ersder's opera toad ~ a8 of ttte s~ stemmed hY
<br />th;s'49artarge to he iettattllately dtxt sad pays tt<NltrisN 2art5er demnsd cad-may foreduse by j®dielat Prnreedtag. I.smler
<br />shalJi be entitled-fu c&tkct #n sgch aH txpeases o2 ioretr,-tacttt~ng, loll a®rlitafied to, cosh of docamealary
<br />evldrnce, asd N~ ttpoa~
<br />29. Ignrrosrets 2tight to AeltiRate. Notwithstanding Lerf~r's acceleration of -the sums secured by this Mortgage,
<br />tlortmver shall have rite light to-have any proceed'engs hegun 6y Lender to enforce this Mortgage discontinued at any time
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