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<br />Lender's written agreement or applicable law. Borrower shalt pay the amount of al3 mortgage insurance premiums in the
<br />manner ptavided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional
<br />indebtedness of Borrower secured by ittis Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amourtis shall be payable upon notice from Lender to Borrower requesting payment thereof, and shall hear interest from the
<br />dace of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment of
<br />interest at such rate would be contrary to appticable law; in which event such atnnunts shah bear interes# at the highest rate
<br />ptrmis~ble onset applicable iaw_ Nothing contained in ibis paragraph 7 shall require Lender to incur any expense ar take
<br />any actiaa hereunder.
<br />& Inspectats, Lender may make ar cause to be made reasonable entries upon and ins¢ettioas of the Property, provided
<br />that Lender shalt give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interest in the t'roparry.
<br />9. Cot~emnatmn. Tht proceeds of any award ar claim for damages. direct nr consequential, in connection with any
<br />condemnation or other taking of the Property, ar part thereof, or for conveyance 'tn lien of condemnation, are hereby assigned
<br />and shall ~ 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 live excess, if any, paid to Borrower. In the event of a partia€ caking of the Praptrty. unless $orrower and Lender
<br />otherwise agree in writing, there shall be applied ro the sums secured by this Mortgage such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this 3+fortgage immediate)}• prior to the date of
<br />taking bears to the fair market vattat of the Prnptrty imtntdiately prier in it+P d_ytt of taking. with the balance of the proceeas
<br />pain to Harrower. "
<br />7f the Property is abandoned by Borrower. or if, after notice he Lender to Borrower that the cattdemnor offers to make
<br />an award or settle a claim €or damages, Btvrrawer tails to respond to Lender within 3tt days after the date scats notice is
<br />maiiea, Lender is authorized to collect and apply the ¢rocttds, ai Ixtxdtr`s aptian. either to restaratian or repair of the
<br />I'ro¢erry or to the sums secured by this Mortgage.
<br />Unless Lender and Borrower otherwise agree in writing. an}' such application of practtds to prin.;ipat shad not extend
<br />nr postpone iht due date af. the monthly installment3 referred io its paragraphs € and 2 htreaf ar change .ht amount of
<br />such installments.
<br />1A. Borrower Nat Released. Extension of the time far Payment or madifaatian of artaartizatian of the autos secured
<br />by this Mortgage granted 6y Ltndtr to any successor in interest of Borrower shat} nn*, operate tki mtease, in any rnanntr.
<br />else liability of the orsginat Borrower and borrower's successors in interest. Linder staali oat be rtxiuired to iamnraaerux
<br />proceedings against such successor or refuse to extend time for payment ae otherwise madifr amortization of the sums
<br />secured lay this Mortgage by reason of any demand made by the original Borrower and Berrawet=s sttccessnrs in interest.
<br />11. Farbesraste dp Lender Nat a @t'slvtr. Any forbearance by Lender in eztrcising any righ€ ar retttetfy her^uackr, ar
<br />otherwise atlarded b}' applicable law, shall oat be a waiver of or prectttde the exercise of any such right ar r..medy.
<br />The procurement of insurance or the psymeni of tales or other liens or charges by Lender shalt net be a waivez of Leach's
<br />right to accelerate the maturity of the indebtedness secured lay this Mortgage.
<br />12. Rea>edla Csrnslative. A€i rtmedits provided in this Mortgage are distinct and ctunuiativt io any other right ar
<br />remedy under this Mortgage or afforded by taw ar equity and ma}• tae exercised concurrently. indepttndaatty w succeseivcly.
<br />13. 3acctaeors and AsBgffi Baoaali 7atat sad Severd t_ia#~ity; Captlotas. The caveaanis and agreeaneafs herein
<br />contained strati bind, and tla rights hereunder snail inure to, the respective succ~'°ssars and assigns of ixtu#tt' an$ tgoritttisxr,
<br />su:ject to the ¢rovisioas of paragraph i7 harlot. Alt covtnasrts and agreements of Borrower shaft be jtvint and sevtra:.
<br />The captions and headings of tf:e paragraphs of ibis :*iartgaage are for conveaitrtce Doty and arc sot to be ustt) ,.
<br />SnttsPl^ct ~ deSxst fht pravs~ns ;,crest.
<br />14. Notlee. Except far any ncnitt requited ttts~r a¢pticabk taw to bt given in anther mattrver, (a) ally ".office to
<br />Borrower pravideaf for in th's Mortgage shall be given lac malting such notice by cert'sfttd mail addressed to &xrawer tK
<br />the Propcm Address ar at such other address as 8otrowtr may designate by notice to Lender as provided herata, and
<br />fb) any notice tc Ltrtdtr shai3 be givers b'r` ~tifzd malt, return receipt rtxttxsitd, to Ltade~s address stated laertira or m
<br />such other address as Lender may designate tap notice fn Harrower as provided herein. Any nnrice ptovidtd f~ in this
<br />Mortgage shall trt dxantd ea have betvt given to Harrower or Leander whir. given in the mantntr designated hernia.
<br />1S, Usifa~ hear, Gov'erafmt# tiw; Sesty. Tisis farm of mortgage combines uniform covenants for natiaaal
<br />use and ncm-uniform covenants with limited variaticros by jurisdict'san to cottuitute a uniform sxurity itvstruirrcat cavtsisg
<br />teat ¢sogeriy. This Martgagt strati be gavtrtaed by tare Iaw of xhe iurisdictiott in which the Property is tocattd. In tltt
<br />tv~tt that asy provision or ciaust of tftis Mortga¢t or fhw 'cart cnnfiicts ct~itia appticable law, such cfmtSict shall oat aHaR
<br />other provisions of this Mortgage or the 'volt tYhicia .:an be given t€tttt wittsaut the confttctittg prvisian. and to i3tia
<br />end the provisaaas of the. Mattgagt aatd flat '.writ art: declared Tn. tat severable.
<br />td. 'Irs.-aswtr's Capp. Bar€a::er shalt l~ fa,.,i;i`,ti::. cu;,fartr~d spy of iht Natty aan; at the Mortgage at €lx tstue
<br />of cxtcution or after rccordaiion hereof.
<br />1T. 't'ra~tw at the Peopesty; Ash, if all cr any ¢art of the Property or as imatest therein Ls sold or iraasfeirtli
<br />by 8:rrawtr without Lettakr`s prior written consent. excluding ;a} the creation of a ilea or etsctmttnaiact subordinart to
<br />this Martgagt, fb) the creation of a purcha~ anonev securit}' interest for household appiiancxs, (c) a transfer by dtviee,
<br />descent or by operation of taw upon the death of a joint tenant or fd) the grant of any kasettoid intones of thrrx years or Tess
<br />tact toarta;rting an option tzs purchase, Leader may, at Lender's option. detfart all the stuns secured icy this Mortgs~ W be
<br />imraediatety dtu and payable. Lender shaft have waived such option to accelerate if, prior to the sale or transfer, Lender
<br />and the ¢ersan to wham the Property is to be sold or transftrrtd reach agrtxment in writing that the credit of such ptrsoa
<br />is satisfactaty to Lender and that the interest payable an ttx sotto secured by this tafortgagt shall ~ at such rate as 1.ettder
<br />shalt request. If Linder has waived the option to acctitratt provided to this paragraph I7, sad if Borrower's sucteswr in
<br />iattrest has eatcuted a written asstrtts¢tton ageeeraert accc¢ta! in writing by Lender, Lender shaft release Borrower from aB
<br />obtigatioaa ttasder this Mortgage and the Hatt.
<br />If Lender exercises such option to acctttrait, Lender shah maa't Harrower notice of acceleration in aecordattce with
<br />paragraph iv hereof. Such notice snail pravidt a peritxi o€ nnz itss than 3II days from the Batt the notice is ma#1ed within
<br />which Borrower may pay the stmss d~tared 3.te. It Botrawer faits to pay such susm prior to ttte expiration of salt ptritad,
<br />Lender may, without further notice or dernaaa on tiorrover, invoke any retntdies petmitttd by paragraph tg htitnof.
<br />Nowt-U::t~anat t.,avarrarrra. Horrawer amt Leader further covenant and agree as foikvws:
<br />1E. Aceelerattoa: Rev. F.stept as provitkd m pk 1? >Krmf, spas Borrower's toreuL oe mp caves ~
<br />apvemmt oe Borrower fs this More, iat1 eke eovcaasfs t4 pap wCen dm any sseesred bry tMa Mortgage,
<br />Leadter prior ~ ~ s~ msB notie:e to Borroww as p[oviddt !m par+~rsgfh 14 berme spetByiec (1) tbs iadaetr,
<br />(Z} the nrfloa.regn6ed to emesatA tarsat6; (3i a dc~, spat teas than ~ days feum the dots-the tote ~ ~ Borrower,
<br />h9' irisittt ttrtes~ >~ estnrds t (d~ eaBisre to tare tata~ oo x 6e[ore the dsde ~ far tAs >sotit+o-
<br />~' sett f~ atgt~: s= ~ ~-e:,-~ !tp' fEt~ 3t~~a+ f+~n:'t'.o~'s ~ i~ ~ rift ~ ;;~ ;yrrip.
<br />Tine rsotlee sls~ ttsttlter iii Barr+owa ae the ritEht b atria stew attekraNata and the atght tq assert to the earotlosnre
<br />the o~dtbtwcs of a defaal! or say offer' rl~tmse of Butrawsrr' is ~ and foreclose. If iLe trreath
<br />is $oi coed oa er trataire else daft spaci$td in the a®ftee; i,,ender :t~ IaradtY's egfios- qty ~ aB ~ ttae asuass seeartd b9
<br />~ IlLa~ m be doe and ¢aytstrtewit_4cvut flvrNart desnfnd asel-i>~! t'oratlttse by jadit}ai Frotsertteg. Ixadw
<br />be estiildd tkt cai3ett'tn loch procetding_ aH escpesaes of fnreetaesrs; tnebtd~. trot not limited to, tarts. of deesrmeatrlry
<br />evtts, sttsh7le~ asd t~ tsrpoYst. -
<br />19. 11~r+oYretr's B to ~ IsFaiwithstaraditsg iendea's accettratian of the sums sxured by This Mortgage,
<br />Harrower snail Gave-the right to have any procetd_:~gs mints ray Lendti tt? cnfvree this Mortgage- discoatinutd at any time
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