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<br />Crafter°s w;iti;;s! agr~r~:€n[ or <rpt:cabe t~_. Morro°~zr 4i?a'=.i pa}~ rte ;,r•;o..,,. o* al= ano;tgaq_ t._sue-.°ce prerri-_...~ i~ ?hf
<br />ntitnner ptvided under paragraph 2 hereaf~
<br />Any aaraent~: disbursed cy Lender puruant fo tnis pargrapt[ ? :,~itit interest thereon. sna€€ veco~ne additiana't
<br />in~;bif1:<?r- of tea. ° ~a~r~ by chic *to:-:gage. 1n€r-_s Borrcue; an?I l~d~r K,e~ tc ,ib,:,° tert.s c` ~.ag~Rnt. soh
<br />amounts site€1 €k payable upon notice tram Lender to Borro-~ver r~uesting payn~tent thereof, and shal€ bear interest from the
<br />date of ds'sbca.*sement at tl:a rate paya°~le from Limo t<, t±me on ou,star.-ding pTM*oipal undue Lhe `i:ct~ urf,es rayn~nt of
<br />interest a# such raft would ce corira[y fa applicable law, 3n which event such amounts shah bear "rrterest at the highest rail
<br />nermis~tsie [.nder applicable law. Nattving coniairsed iri this paragrapl: ?shall require Lender tasnc-ssr any expense ar take
<br />any astian hereunder.
<br />fl. inspeetton. Lender may make or cause to be made ,-easonable entries upon and irspeMians of the Property, provided
<br />that Lender shall give Borrower notice prior is any such inspection specifg•ing rcasanablc cause therefor related to Lender's
<br />interest in file Property,
<br />9. Coedeaufation. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation ar other faking of the Property, or part thereof, ar for conveyance in lieu of condemnation, are hereby assign«~
<br />and shal€ ice paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shah be applied to the sums secured by this Mortgage.
<br />with the excess, if any. paid to Borrower. In the event of a partial taking of the Proc+erty, unless Borrower and Lender
<br />otherwise agree in writing, there shall be app€ied to the sums secured by this Mortgage sttch prnpa-titan of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of *,aking, with the balance of the proceeds
<br />paid Ya Borrower.
<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 settle a claim for damages, Borrower fails to respond to Lender within 3t3 days after the date such notice is
<br />mailed, Lender is authorized to collect and apply the proceeds. at Lender's option, either to restoration or repair of the
<br />Property or to ±he sums secured by this Mortgage.
<br />Llniess Lender and Horrower otherwise agree in writing. any such application of proceeds to principal shall not extend
<br />or postpone the due date of the monthty installments referred to ir. paragraphs 1 and 2 hereof or change the amount of
<br />such installments.
<br />10. Harrower Not Released. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to any successor in interest of Borrower shat! not op.:rate to releasW. in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. Lender shat; not be required to commence
<br />proceedings against sack successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by this Mortrcaxe by tsason of env demand made by the ori>inal Borrower and Borrower's successors in interest.
<br />11. Forbeawnce by tinder Nat a lYalver. Any forbearance by Lender in exercising any right ar remedy hereunder, of
<br />a[iterwise ariorded by applicable iasv, shall [tot be a waiver of or preclude rite exorcise of any such rig'ttf at rcmetly.
<br />The procurement of insuranrx or the payment of taxes or other liens ar charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />1? Remedies ~tntztria33ra. AIf remedies 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 concurrently, independently or saccessivety.
<br />13. 5~ccrssors s~ e-ssig® Huan :; Fit aml Seven L~a!~*.Y; l;ap#ierts. 'the covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower,
<br />subjerx to the provisions of paragraph 17 hereof. Al! covenants and agreements of Harrower shall be joint and severak
<br />'life captions and headings of the paragraphs of this Mortgage are for convenience vnly and are not to be used to
<br />interprot or donne the provisions hereof.
<br />14. Nate. Bxcept for any notice required under applicable law to be given in another manner. fa) any rtatice to
<br />Borrower provided for in this Mortgage shall be given by mailing such notice by certified mail addressed to Harrower at
<br />the Property Address or at such other address as Horrower may designate by notice to Lender as provided herein, and
<br />{b) any rtotice 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 tmtice to Harrower as provided herein. Any notice provided for in this
<br />Murtg`agc shall be c~.~t~dd tv haeo men giscr. to ,3orrowar or Lord-er w;ten givort is tr`,e t~tannor dnsignac~d b~r~in.
<br />1;. Uar'forat Morigage; Governing Law; Sevsraitility. This form of mortgage combims uniform covenants for national
<br />ttse and rsan-uniform covenants with Limited variations by jurisdiction to conskitnte a uniform security instrument cavetYttg
<br />real propetcy. This Mortgage stsali Ise governed by the law of tale jurisdiction in which the Property is ited. In the
<br />alu,a• .. t ~i.e i8..~ aL s{. a ~t'._~ t~ ~L ,. ehetl s. _
<br />E : _ ter.=J ~ro=,~ .; :: c:R_-~ Lf ,ag°~- ~ . ~ Na.a ~flt_ ~- wf_. ~ __ =;6 _ lax tr^ntt~ . ~_ . at a
<br />offier provisions ofithis Mortgage or the.Note which scan be given effect without the conflicting provision, and fo this
<br />end the prav};ians ot" :tom Mortgage and the tiate era declared to be sovorab`te.
<br />ice: Harrawer's copy. Borrower stsall Ise furnished a i:aitfo~iied copy of fete b+afe and of this Mortgage at the ti$tr:
<br />of execution or after recordation hereof.
<br />17. Transfer of the Property; Assumption. If all or any part of the Property ur as interest therein is sold or transferred
<br />uy narrower without Lenders prior written consent, excluding fa) the creation of a lien or encumbrance sabardinate to
<br />this Mortgage, (b) the creation of a purchase money security intent for household appliances, {c) a transfer by devise,
<br />descent or by operation of law upon the death of a joint tenant or (d) the grant of any leasehold interest of three years ar less
<br />not containing an option to purchase, Lender may, at Lender's option, declare all the sums secured by thin Mortgage to be
<br />immediately due and payable. Lender shall have waived such option to accelerate if, prior to the sale or transfer, Lender
<br />and the perm to wham the Property is to be sold err transferred roach agreetrtent in writing that the credit of s.tch petters
<br />is satisfactory to Lender and that the interest payable on the sums secured by this Mortgage shall be at such rate as Leger
<br />shaft request. If Lender has waived the option *o accelerate provided in this Y..ragraph 1?, and if Borrower's s ~~sax i^
<br />interest has executed a written asstunpCion agreement accepted in writing by Lander, Lender shall release Borrower from ail
<br />obligations under this Mortgage and the Note.
<br />If Letrder exercises such option to accelerate, Lender shall mail Borrower notice of accekratian in accordance wins
<br />paragraph Id hereof.. Such notice shat! provide a period of not less than 30 days from the date the notice is mailed within
<br />which Borrower mxy pay the sums declared due. tf Borrower fails to pay such sums prior to the expiretioa of such period,
<br />Lender may, without furtber notice or demand on Borrower, invoke any remedies petvnitted 6y paragraph t8 hereof.
<br />ivox-~.TNIFORtN t:.ovetastv'rs. Horrower and tender further covenant and agree as follows:
<br />1S. Ateaarta'ia~t ~e~2 ass provided t® part§gr~r`e :7 eteresi!e, upset Hvrrerovrer=e Lr~eh st any euvanart sr
<br />agraeetaxt of Barrswer m the Mottgst6e, lnclud{ng the covenants to pay whsn due soy sums sesared 6y this Mortg~r,
<br />header pn`tec to a1taB snaH aeHCe ria Horrower as lrcovided in paragt~lt 14 fiercof ~ (1) the b=each;
<br />{2j-life action rdgsdeei3 is ewe tmac~ t7) * dale, net ksa thrice Sit days from the des tLe settee is masdied to Horroder,
<br />-itf`-sv#h.-b eoe~ bt~ach na~uat-he eared; And (dl l~?t failure io awe- saris- 6reseb a~ or laetore t~ date s #a tie rattce
<br />~Y rrauti la ~n of the sums ~ h} ~ Mortge> ttureclt>~uae qty Juttiri~d ~nad ara4e of else Prapccty.
<br />'i`hc no{icr shall faet&ar irda °,v: Hotrawer ~'. the sigh! m reianliate otter aeceieratisn sad the right to asuet in the Fsreclesare
<br />Proceeding the eon-erYgesce-ot a ts~lt ~ spy stiller d ~ Bo~orer` to secai~ration ~ torero, IL tl~ bresrc5
<br />rea# enrat an ter hstare the: dom. t~ee>dad.ta-lire aotit~e, i.emtkr at Lendw's optloa taaay declare aB at the ttaman secured by
<br />tfsia A3iast~gs ttir8e ` dt~A`pnysA~ +vNi~at f~attiter d s~ saw' tareciosa by ~adieiai @roceeding- Lender -
<br />.. bt erii+Ittd }'o c+stet ifs afl ester at fsteeiiswrc, sec, bxd not iitmited t0. coatis of dscamentary
<br />>av1+c+s; ah.'t~d rgnorfs.
<br />i9, g R__ ~! t~_ ZZY ~e~ Nx~#c+ifth~sndixg 1 rttelrr'gs~r~'lerai6en of the corns s~t~red by this M~_rtga_osee.
<br />Harrower shalt !save the rlstht to have anw cstacCedinSS begun by i.etuter to enforce this Mortgage disrnntinued at any time
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