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<br />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 />Any -amounts disbursed by Lender pursuant to this paragraph 7, with ~nterest thereon, shall become additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Barcower and Lender agree to other terms of payment, such
<br />amauats shall be payable upon notice frm:t 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 outstand'mg principal tinder the Note unless payment of
<br />interest at such rate wrwid be contrary to applicable taw, irfwhich event such amounts shall bear interest at the highest rate
<br />permissible under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any experne or take
<br />any actioa hereunder.
<br />8. Iaspecliaa. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that Lender shalt givs Borrower notice prior io any such inspection specifying reasonable cause therefor related to Lender's
<br />interest in the Property.
<br />4. Coodtmattion. The proceeds of arty award or claim for damages, direct or consequential, in connecteon with any
<br />condemtation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In the evens 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 Borcower. In the event of a partial taking of the Property, 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 />~ 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 taking, with the balance of the proceeds
<br />paid to Harrower.
<br />}:f the Propvty is abandoned by Borrower, or if, after notice by Lender so Borrower that the condemnor offer to make
<br />an award ar settle a claim for damages, Borrower faits to respond to Lender within 30 days after the dare such notice is
<br />mailed, Lender is authorized to co[lec[ and apply the proceeds. at Lender's option, either to restoration or repair of the
<br />Property ar 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 postpone the dire date of the monthly installments refetrrti to in paragraphs 1 and 2 hereof or change the amount of
<br />sua:h ittstalhneats.
<br />ti. loremrcr Not Rellearei. Extension of the time for payment or modi5cation of amortization of the sums secured
<br />by ibis Mort°,~. granted b_y Lender to any_ successor in interest of Borrower shall rat operate to release. in any manner,
<br />the liability of the original Borrower and Borrowee s successors in intemt, Lender shall not be required to commence
<br />praxed'mgs agar such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by this Mortgage by reamrt of any demand made by the original Borrower and Borrowers successors in interest.
<br />;;, Foriearrree h7 Later Not a Wearer. Any forbearance by Leader in exercising any right or remedy hereunder, or
<br />otherwise afforded by aQF+licabk law, shall clot be a waiver of or preclude the exercise of any such right or remedy.
<br />Tlee procurement of ittxurence or the payment of taxes ar ether liens or charges by Lender shaft not be a waiver of Lendefa
<br />right to amkrate the maturity of the indebtedness secured by this Mortgage.
<br />;;, Rem tire. Afl remedies provided in this Mortgage are distinct and cumulativt to any other right or
<br />r~dy under the Mortgage or afforded by taw or equity. and may rte exercised cotacurrently, independently or successively.
<br />13. 3ttreaaocs aei A'ilas 3oaatd; Joitse aoi Secet~ Liab~tyt The covenants and agreements herein
<br />ooataiaed snail hind, and the rights herttsrtdersitall inure to, the respective successors and assigru of Leader and Borrower.
<br />sttltjeet to rite provisions of psaragraph I7 hereof. All covenants and agreements of Borrower shall lrc joint and several.
<br />The pptiom and hadings of the paragnphs of this Mortgage are for convenirnce only and are not to tse used to
<br />ink or defhte the provimons hereof.
<br />Ia. Notiitw Ezaxpt ft~ any Mice required tinder applicable !aw to be given in another manner, lal any rwtice to
<br />Hortotrv provided for is dtis Mortgage anal} lee given by mailing, such notice by certified mail addressed to Borrower at
<br />ffie Property Address ar at suadt other address as Borrower may designate by notice to Lender as provided herein, and
<br />{b) say oo6a a Leader shag be given by certihtd mail, carom receipt rrgttested, to Lender's address stated herein or to
<br />sxteh othu addttxs u Lender may designate by notice to Borrower ss provided herein. Any notice provided for in this
<br />MaxMale tatafl lx aixnte~l to have born given to Horrawwer or Lender aficra given m the manner detigttated bandit.
<br />IS. T[leiaef.l I~+rt Seresaiiiq. This farm of mortgage combines uniform covenanrt for tnttotsal
<br />ttse sad aoo-uniform covenants wiRh liatitad variatiorss by jurisdictian to rnmtituts a unifarm security in~rument covering
<br />rem property. This Mortgage shaft be goxrrted by the taw taf the jurisdactson in wtitch the Property is located. In the
<br />c+wmt tlnt say prvrisioa ar clause of this Mortgage or the Nee conflicts with applicable taw, such conflict shall not affect
<br />other provftioas ~ dtdr Msrt;rtgz or the ;':~ ~si:~-h ~n be gis~tn effz;t w-i!!xtL~ !lx roteflTCting pmvisinn, a~ to the:
<br />and the prtrv'rsioes of the Moatgase and the Note are declared to be seaerabie.
<br />IG laaswser'a C.o~. lorrawer shat! be ftrrnislted a canttmned ropy of the Naze and of this Mortgage at tits time
<br />of acscxrtiart or after rxtr~anioat lsereof.
<br />i7. 'iYaaEtot of the ~'ol~YYt Aacrapdoa. If ill or any part of the Property or an interest therein is sold or transferred
<br />1rS Borto+ves aritltntrt Lettcler's prior written somettt. exdttding tat the creation of a lien or encumbrance subordinate to
<br />!leis lltortEaBe, fb) the crd2ioat of a purchase rrtoney securin interest far household xpptiances. {c1 a transfer by devise,
<br />afevtxai or lsy operaticm a# law anQon the deaxh of a joint tenant or td~ the gram of any leaseho~ interest of three years or less
<br />not 6 as opdoo to pun^ls»e, I..eader may', at Lender's opt:art. declare all the sums secured by this Mortgage to lee
<br />dtse and pay~dc_ Linder shalt hex waived wrh optiots rn ax*lerate if, prier to the tale or transfer. Lsndtt
<br />.acid the per~aettt to wham the Property L to bt soJd ar transferred teach agreement ir. writing that the reedit of larch person
<br />is satisfaeusy^ tat Lender and that the haetest payable on the sums sa-ttred by this Mortgage shall be at such rate as Leader
<br />• I# Lead hu rae~vetl rite o'3t, 3c~ to aettlerxtt provided in this paragraph I?, and 'af Barmwer's successor in
<br />is has eaecutad a vnitten eastrenptioa a~ment accepted in arising by Leader. Lender shall release Harrower from all
<br />Lhis Mortgag+c sad the Nave.
<br /># I.oadrr ems stt~ aption to acxxieiate. Lender shalt rrtait Borrower ttatttce of aece)aation in accartfartee with
<br />pare l4 Isetrxtf Bereft notix snail provide a ported of sent less than 30 days frrnrs the date the notice is mat7ed within
<br />Erstoarr:r any pay tltc rrttris declared due. if Btmroaer faits ro pee' such sums prior to the expiration of such period,
<br />Lesdrg ~, vrithcnR further nttsiee or denaad cat Btxrrctwer, revoke any resrredies permitted tri' paragraph I S hereof.
<br />3alaet-Ut~s~aant CnvEwtxrs. Bnnotuer and Lratder fnrtlter eovenant and agree as falkrws~
<br />il. eemlawlieac ltetoetiei. ~ as p.oe}+ei i. perrgrtq~h f7 teartcof, ~ lieectswet's itaeh of say covwaet or
<br />ttpaaseet alt liaesatrar Fa tlic . Faeielitct; ~ cerrctarts ~ i,.y whoa ice ry ~ aee~ad by !ib 1-i~e+[e.
<br />I,eetlar !sirs is socd~as girl sal :.ace k lrrssser ac pnarlici in ! is hexsi ti) the hreadr
<br />~ tents actitrr +~ rr ate weir htreia; t3- a ante. eot lac thrr 3! isy,t fearr the tare the etatlee k trilled ro lorrsttrer.
<br />lIg rrlbitfi welt srarrK lilt sauei3 aoi to tigrt fain fo see wilt liettaeh a• or deters Se ante trleeiita b the e+aace
<br />#illpt sttt~te awry !~ ass + f~darsrer b ~1 at+i ask of tMe Pra;tettr.
<br />7itisw~ilreiir~t~sictlrtnrtlioetpoacerat tlee tfi$t ~ etrieerr~t atfhu aced ate tdaht ~ aaert ~ the iaee
<br />lie ~ alt a aet+rit +or aqy sAeer islestre of lacsnsgt+ to •ee. aril #oralrroe. H ffie bison
<br />it,aMt ~wei ttt- er l ~ sore tgactR.+ Fr tlee raKca i-~' ~ L,adec's ~ .ay aeeeire ai at tie earns secaraed by
<br />fiiy;. tie am aei i~ vvideatt taeAtet aasawa red try toaclare br ;tom proeee~. >i.rade*
<br />ilti lie aiei tq is aaei pestae~{ ai tatataes of iianeMtwa+e, Frig. hr rest to, tors of aioeareatuy
<br />eciir~r.airrseef3 tredtlie aeRetAc.
<br />1f1 lrrrrwrt`a ~ it lirinct~lr. Nail Leader's accekratian of rite sums serural by this Mortgage,
<br />Has'>ow~ ei~'hs++e tFte ri~rr to Lave atty. proaedY>rg4 tfegun hY Ltttder to enforce this Mortgage discontinued at any time
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