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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 <br />