Lender's written agreement or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the
<br />~ manner provided under paragraph 2 hereof.
<br />a''° Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional
<br />r~i indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and shall bear interest from the
<br />~ date of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment of
<br />t interest at such rate would be contrary to applicable taw, in which event such amounts shaft bear inures*. at the highest raft
<br />1 pormissibte under applicable law. Nothing captained in this paragraph 7 shalt requite Lender to incur any expense or take
<br />~ any action hereunder.
<br />$. htspetdon. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lendei s
<br />interest in the Property.
<br />9. Coademnatba. The proceeds of any award er claim for damages, direct or rnnsequentisl, in connection with any
<br />cattdemnation or Mher taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall 6e paid to Lender.
<br />In the went of a total taking of the Property, the proceeds shall 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 Froperty, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Mortgage such proportion of the proceeds
<br />as is equal io that proportion which the amount of the sums secured by this >Irtgage immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />Yf the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or setNe a claim for damages, Borrower fails to respond to Lender within ?t) days after the date such notice is
<br />trailed. Ltnder is authorized to collect and apply the proceeds. at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured by this Mortgage.
<br />Unless Lender and Borrower otherwise agree in writing. any such application of proceeds to principal shall not extend
<br />or ptkstpone the dire date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of
<br />such imtallmcats.
<br />10. Eerrower 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 shall not operate to release. in any manner,
<br />ttx liabt7iT}' of the original Borrower and Borrowers successors in interest- Ltnder shall not be required to comrtettce
<br />procetdrngs sgai~ such successor or refuse to extrnd time for paymtrt or oitxrxvise modify amariiiaiiui, of ~ su, w
<br />sscutcK! by this Mortgage by reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />Ip. Forheareree b Lewder Not t Wai~tr. Any Forbearance by Lender in exercising any right or remedy herctmder, of
<br />otlter+rise aAatied by applicable law, shalt not be a waiver of or preclude the exercise of any such right or remedy.
<br />'floe proctmmerst of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's
<br />right to scctlerate the maturity of the itttlelHedttess secured by this Mortgage.
<br />IY. 1Rstsiitx Casaiwdx. AB retntdics provided in this Mortgage are distinct and cumulative to any other right or
<br />ratredv under the Alortgagt or afforded by law w equity. and may be exercised concurrently, independently or successively.
<br />13. 9rteessora awl Ausppat Iltoawd; ;o®t sad Sevtrap I~ty; Caption 'ilte covenants and agreements herein
<br />coxstsincd sfsaB hind, and the rights heramtler shall inure io, the respectcve stttxessors and assigns of trndtr and Borrower.
<br />subject to ttx peovismas of paragraph 17 herof. All covenants and agreements of Borrower shall be joint and several.
<br />ih t and headings d the paragraph of this Mortgage are far convenirntt only and are not ro be used to
<br />interpret or dtefirse the provisions hereof.
<br />li. ATsRiet. FT.ue{t for any rwtict required tinder applicable tau- to bt given in another manner, {a) any ttotitt to
<br />Harroewrr provided for is dtis Mortgage shall tae given by mailing such notice by ttrti5ed mad addressed to Borrower at
<br />flat property Addttss or at such other address as Borrowv tray designate by notice to Lender as provided herein, sod
<br />{b) any aortae to l.~rsd~ shall be given try ttr[i$ed mail, mum rtript ttgttestai, to Lenders address stated hereto or to
<br />code other adihe+s as Lender may designate lri• notice to Borrower r provided herein. Any notice provided for in this
<br />MtMtgttge shall is droned to hart been given to Borrower a tender whrn given in the manner tlesignattd herein.
<br />13, ~~~ ; Gwrux~ liiw: Seveeai~ty. This form of mongage combines uniform covenants for natioaai
<br />use rsd tsoa-ttnifarm ~venanfs with taaittd variatioen t'Y jurisdiction to constitute a uniform socurity iostrumear covering
<br />rtsl prapaty- -this Mortgage shag tx gavt:tated by the law of the jurisdiction in wfiich the Property is located. In the
<br />eseot that any proviion a ct:tese of this Matgagt cx the Note confticu ><~ih applicable las, such catftia shaft not afiec!
<br />taller provitioas of this Mortgage or tfie Nat w•ttich can be given effect without the conflicting provision. and to this
<br />as3 flue ~ :.f the M~^-sg~ ~-~ ter lc~s a^• declared tc he ssvctabk.
<br />lit. •rrsrstaar~ Capes. lptamawer shall tae furnished a conformed ctsgy of the Noe and of this Mottgagt at the tittle
<br />tat eztacvtioa a afar tsrordatim heteof_
<br />I7. iY~awster a# the Tnxrrt}: Astatrtpaiar tf all ar any part of the Property or an interest theein is sold ar transferred
<br />ley $oirrow~ witiatrt I.tesder's prig wsittrn coerseat, a:cludiag (a) the crtatiaa of a lien or encumbrance subtatdinate to
<br />Mtx~e, tbA the citation of a ptrtchart motet} sa:urir interest far household appliances, (c) a trsttsftr by tpevire,
<br />tpeaRrft nr' h!9 apexatioo tff ;sav nppn the Beath a(a !Durst tenam M {dl the grant of turY leasehold intti'ELt of three VCaR x less
<br />ant as optiaa m putchwe, Leader ttaay, u Lendti s option. dtxlare ill t>7e snots secured by this Mortgage to be
<br />atteiy due and payable. Larder s1taB have waived such aptiaes to atxekratt if. prior to tfrc sale or trsmfa, Leader
<br />.' the ptraoa m selxtEn the larnpetty ~ re tr toi;l as trat~ttrted reach agrcerrtcat in writing that the crulit of stash petsmt
<br />is satidae~aty ~ Leader amd that the ianr2st Pa}able on the sums scented by this Mortgage shall )x at such rate as lender
<br />siz$ regetert- It L~ tin rraic4l ~ opttine xo acxeierate provided in tills paragraph l7, and if Harrowers attcttasorsn
<br />~ a +trri~ta t accepted in writing b}' Lrnder. Leader shalt release llonower from aB
<br />ai~tiaes smiler thir MastyaDe sad tit 1'~lopa.
<br />H Issper tttsrcasa raa:3e optxtst ~ aestdtxatt_ LmtSrs ;!tall mail Ilrxrawer notitt of acttlevation in accor~daact with
<br />parsdrttpl3 Id lsaaorL !3aee~tt asarire privvitle a period d nest lets than 30 days from the daft the notice is mailed within
<br />ta*i~ ~!" pay the tam tpsiasod dste. If Iparra+-~ fails to pay such stuns pricer to ttx expiration of such period,
<br />7~dri caul, s~tert tsatber aotiee tar d®ard on Borrower. invoit any rexnediec permitttd by paragraph I$ hereof.
<br />I3~-i3anu~c~ ~at+st- $ancrrtr sad Lander ftrr$ttr covenant sad agree ~ fates:
<br />li. Aa.•desrdswK Il~t as pasupiad Y pttn6rt*i i7 iseaaat. ~ Yaerewee's Crewels of ary aw~f ar
<br />I.~ewrit ~11R~ aminliaw isBh ~ atwYoe 1w llwrrw+rer r-+vided la p.rrKrapfr >Jyirrtwi apecRyks{: (11 ~e trade;
<br />~ ie tsetiar ttgtrlrstl ti c>tr awei isewt'iC tat a dare. stM pert ttiar 3i days later fete tall the tasticc fs aaaisd a iorrosrer.
<br />1r~ stile! sad Mat; twee tk eawu~ si (~ tAst laiBssr !r rse tell irracY a r bdorr tttee ~ ~ ~I~y
<br />~ aurtY !V wcs+arrwlMw at tM tamer rncrretl i9 cite + Iwrrtlaarre lal 1~ 1~~6
<br />~itr taaiee iii tlttAptse lYiresw fisnreetx et trite tdar we rdwtlaes alper tctdmadss art lie ai~rt ~ street ie tie foreclosure
<br />~itB tie war.~irawee rf w titttert0. ar ~f aloe dsdawe ~ lltne~ ~ aetrparwtlor awd tore~+r, R tie Itreueh
<br />Y tMr erruii ~ as haloes Acs rlrie apue.~ad is Ate wadce, Leerier at Leusia's optlww oral iecpge aB of the news seerrui by
<br />tlPti iMaulAtRte M pee ismaiaMub epue asst }wyaile wltlwt tarsier dtatawi art tows' fmutloee M' ~ p4 ~
<br />elect its etdlietp ss a+aieet f. uwels IrrewedprA i at tort[derre:. ioelodlw6. bet not IMYed to, hosts of docerrewtary
<br />ariitret. aisprseeit at Ade ttopups.
<br />iy, Aresrrs'a pip pa 1Lepseh~le. iVoiwrthftanding It€+dra's autieratinri of the colas stwrM by this Moregagt.
<br />Bes7oster aba$ Lave: ffie t3jit to Itax nay paooeedings itegtm by Ltnder to enforce this Mortgage disctmtintted at any time
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