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7~-- 1'',~.1. ~~~i4 <br />I.endcr`s wrtten age c:crosnr ur applicablt lau Borrowu shall pay slit atnaunt c++( all race gage insurance per. rr;,,;r:`s ~! flit <br />maneesr pYUVided undtr paragraph 2 hertof. <br />.•.^; amounts disbursed by Lender pursuant to this paragraph '. wrth tntercst thereon, shall t,ecnn,e additional <br />indeatedneu ;,f Borrower scored by this Mortgage. ilnless Borrower aid [.ender agree tr, other terms of pa}•meni. such <br />amounts shall be payable upar. notice from Lender to Borrower requesting payment thereof. and shall bear interest from the <br />date of disbursement at the me payabk from time to time on outstanding p~ncipal under the Nrte tmkss payrnertt of <br />interest at such me would be contrary to applicable iaw, in which event such amounts shall bur imereat at the highest rate <br />perminibk under applicstbk taw Nothing contained in this paragraph "shall require Lender to inner any txpene or take <br />any utioa hereunder. <br />g. Tnpecyiea. i,tndtr may make or cause to be made reasonable entries upon and inspections of the Property. provided <br />that Lender shall grvt Borrower nMice prior to any such mspectinn specifying rcasonabk cause therefor related to Lender's <br />interest in the Property. <br />9, C•ndewwdbw. The prexeeds of any award ar claim fnr damages, direct tx consequential, in connectan with any <br />condtmnation or other taking of the Property, or part thereat or for conveyance in lieu of condemnation, are hereby assigned <br />and shall l+e paid to Lender. <br />in the tvtnt of a total taking of the Property, the proceeds shall 6c applir•:i t, the sums secured by this Mortgage. <br />with the excess, if any: paid to Borrower In the event of a partial taking of the Property. unkss Borrower and Lender <br />ahetwise agree in writing, there shall be applied to the stuns secured by this Mortgage such oror+or.ion of t.te proceeds <br />as rs egwl to the! proportion which the emaunt of the sums secured by this Mortgage immediately prior to the date d <br />taking bean to the fair market vahre of slit Property immediately prise to the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />I[ the Property is abartdortsxl by Borrower, or if, after notice by Lertder to Borrowu thu the txasdsmnor rrQas ro make <br />an award or settk a claim for damages, Borrower fails to respond to Lert.ler within 30 days after the date sttch noticer <br />mailed, Lender u awborimd m cotlea acrd apply the proceeds. at Larder's option. either to restoration a repair d rife <br />Property or to the susm secured by this Martgsge <br />Unless Lender and borrower othenviae agree in writing, any such application d protee6 ro principal doll cot a:geed <br />a partporr the due date of the monthly irMallmenta referred m in paragnpM I atsd 2 hereof a sdaarye tM rrsstourtt d <br />such intallrrrerns. <br />1g. Bsrnwee NN blwwt. Extrnsion of the time for payment or modibcation d asnortiatian d the suns second <br />by this Mortgye granmd by Lender to any stsccsasor m inmreu of Borrower shall eta aptnte to release. in sup mmata. <br />the IiabiBry d the origitul Borrower and burros v successors in interest. Leader shag not bt reosdrad to coeteseaw <br />proeseditegs itgaiast stteh tasccersx a rxsfttae w extend lime fa parrnent or otherwise ttsadity atrrestiration d the wens <br />aecunad by this Mortgrtge by reason of any detnartd made by the original 8ortower and borrowet'a atrcceasora in inrses. <br />11. R•sie~ence b !eater Net • tllaiase. Any forbearut« by I.errder in exercising any right a restrdy Ireeaseeder, ro <br />otherwise afforded by applicable lase, alts!! rant he a waiver of or prechtde the ptssrcpe of any stsch right a reap. <br />i'!re procurtesaset d itwtraerce a the payrrtcnt d axes rx other Hero a chases by Lender shag not be a tvaivsr d Laedes's <br />riglst ro ssxelente the statutiry of the indebtedtsesr secured by this Mortgage. <br />It blewaiw C~aYrso All remedies provided in this Mortgage arc distinct and cumulative to arty other [tight err <br />rctnedy undo the Mortgage a aRorded by law ~ equity. and may be exercised concurrently. indepatdently a sracoadply. <br />1}. beceemew r rtl~na beets laid eel leveael 1~7 C~a 71fe coverrnfa awd aparetae4 1a•® <br />eontainrd shah bind, and the rlgleb hereunder shall enure to, the respective nsccesson and ntsigraa of Lender and btsrroxva. <br />subject to the provbioro of psvagnph 17 hereof. All nrvenarns and agreemenb of borrower shall be joau and erases!. <br />'ilea caption and Mediags of the psrragnphs of flirt Mortgage arc fnr cnnvmrmcc only and arc nv to bt tread !O <br />interpret n riegne the provision hereof. <br />1~. Na11cs. F,xcept for any notice roquired under applicable law to be even to soother wsamer fa) any nodes b <br />harrower provided for to this Mortgage shall he given by mailing sus-h nsNiee by certiJsd marl addressed to burrs+ws,r su <br />the Property Address or at such slier address n &xn>wer may designate by notice to Lender as provided herein. std <br />ib! wY esotice ro Ltasdes ahs6 be givers by certified rtsiil. carom rxeipt rte. to Laasder`s addrea eased h~ m so <br />Reach attrer addsats as I-ender may dexigaate by raain to borrower a pmvidni herein day notk.= pttwiAeri few 'n rtw <br />Mort;age shat! be deatttted to have been given to borrower or Ltttdrr when gtvtn In the manner dttsigeard !acacia. <br />1g. Ue%ef M•syage: Gwweirg Lstwi lrveralrrfy. Thu form of mortgage combirses tmiftxm n>aenwwta for natiowal <br />use anal nc~+-smiferm cavrnertts with limited variations l+t lurisdictitx! tt` CtatUt!!L•tt a sniferrs steurrty irtsrr,.`rtsent cnverissj <br />tas1 pri;perty TAr. Mcuigepr d+ali he gaxv,rr.tisl M rice iaw of the iurisshchm !n which tine Prapertr n iacated In tl.e <br />svrrnt that any provisanrs ax :lasrse of this Mortgage sx slit Hare canllicts with apptrsaMc law. aars'A ,:aesflic-t shr~ Reset at><act <br />~.fhes ~,v_ -_s of thrx i<tonsgF c. .fiar Nam wt:rch can be given ts7e+:r w.ttx:x: the c~sxdik.;ir; prtwisi~. sasd m i#ss <br />end the proviaiuru n! the Mart;age and the Puts ors declared to tsc severs~ltle- <br />If- bwwwas's Capt. borrower shag be rurntahed a canfortned copy of tree Note and M Uu Matgye a tlrr times <br />of exeeertiost or after rocorddion hereof. <br />17. 'IYneslar et 1M feepesy; Aaaewptl•e. If all or any part of the Property ax an mtenttt therein it attW a tr•ra/rtrrad <br />by borroww without Lender's prior wrttlen ce+naent. excltading sal the creatioe of a lien a anetrrtbraace wbwdinate b <br />rhea Manpgs 'bl rite creatwxt of a purchax rtxxsey security mterest tar hutsehuW appliaetaroa, icl a tramter by devise. <br />descant or by trpantpn of law uprx, the death of s I+»ut tenant or td1 the grant of any kesalrold tnrnat of three years ax less <br />not coataiwing an optim to purchase, Leader may, at l Oeedlr'a optrun. declare all the auras awured by the Martpge to 6t <br />rraaershgely due and payable. Larder shag have warved wch option u. awrolerate tf. prior to the ask nr tratrtsu. Lender <br />surd Mt persae to whore the Property b to he asld tx transferred reach agrssertsent m wnnng that the cr+sdt of such parasw <br />n atiafrctory w lender and tMt the tntereat payable un the sums ascurwd by Mis Mortgage shall be at wch nee a Lslatdu <br />sisal! rayons ti 1 ender has warwd the oplnxt to acceknte provrsled !n tuts pangnph 1' and if Barrower'a strctrornr m <br />,arrest has easlcvted • wrttlat aesutnpetcxt agrcemsm aitepsed in wrung hY t ender. 1 ender shall release bsxnvwer from aB <br />nbligations urKkr rhea Nartgago and the Vase <br />if lender exercises such upstart to swsekratc, len,kr shall marl &xrowcr txxrce Uf aeceieratuM rn twtvudaerce with <br />Ij rKttirf SiICII natKlE 3taafi pl`a4tdC a pFIWd at AW k!a llW1 jO days frOei tree dam the twnce u mailed witlstn <br />bttesnxear trap pp the wer declard Ise I( basrowr faik ro par wdr suers prior to eM at~a d welt Pwio1, <br />Lamdrr snap, trkhoeu Antler tsatica a demand ors harrower. tnvnka any renasdfes paatapd bl' punlgr•pA It Meant. <br />Floss-IIHtTOert t"ove rraarn baxnwver and [.ender furtMr covenant and apse a fattawa <br />tb. Aeseisrad~t 1~ ibteept tr pewYM r t7 Mn•f. taper beswwers aeentir N aq c•reaaat e- <br />agpasMttM sat base•wer r rY Maetbttge, icinsbng b e•eseeer w pay wltre tae ..y saws rnew•d b sYs M•s+rabs. <br />Lender !~ ~ aaalesaYw Aab tn.tl twee. t• b•sssrwer r ~.•.It.d 1. p.ntgm~lt 1d bseet rg•citytagr ti) ttr ~w•ait <br />p/ w tttttM ttibiet r cases accts tr..aat t~1 • dstar w taw stow ~b stsg~a t4ese tb rttsfa ra ssatk• t. w.d r banwes, <br />M atrttW eeN lteeae~ tta.et M ets•dt scat EN Aar tttBtw w ae. reef lsaaA .. rte ~efre tls tale ttgaeib•t t^ t4 artkr <br />.tai' rr.b a nealeeadMe et lie cares ,~ -y OYt '-~~ teraciostwe ~' l.dkw pe.e«as aed .ie d tlse neperp. <br />n.,.Mee tlsll tita0er tote, :. Brrrere. -~ the .rote r wttsdsrs .R•r .ccstr.Yaa a.t tr. algY r .r«x ~ ia. tteei..tee <br />ge...aiStg ra aae•.trYtew at . dNlaalt err ~ •lbr rwt....t b«a•.aar r aeewtntlae scat t«.eiresa. r ire ba.nA <br />k w e.t.t w .- brtese Nr tale rtPaelbad r t11r ntaMn, IseMe d tester's ttMl...•Y rkclase i d ~. sear .accred by <br />ter tN.ngMg. w r Yawetid.ly rl.. sad gaptalL w1r•at tnettr riswasrd art satq f•saetaes -Y )trslkid pwawtbeg. Lende• <br />sieB b saibkd r eabset b sae- gs•seediag ab rrapsasss rrl tas•dasae•r l.cArdy. cwt ees bnrYed ew cars d decawe•try <br />•eitrate, retewri cwt rNs ~w <br />1!. •avsxrsw's RIbMt r bl•fedttMt. NMwNhstaawkng Lender's xxekrattan of the sums stcurrsf by this Mtmgage. <br />bwroaver shall [rave the right to have spy proceetBpgs begun by Lender to enfortt rhea Mortgage diu, ntin:,a) at env time <br />