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~ Lender's written agreement of applicable law. Borrower shall pay the amount of all mortgage insurance prem~ :ms in the
<br />jti. manner provided under paragraph 2 hereof.
<br />r-•! My amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional
<br />_ indebtedness of Borrower secured by this Mortgage. Unless Borcower and i,ender agree to other terms of payment, such
<br />amounts shall be payable upon notice from Lender to Borrower requesting payment tfiereof, and shall bear interest from the
<br />1 date of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment of
<br />~ intetsst at such rate would be contrary to applicable law, in which event such amounts shalt bear interest at the highest rate
<br />~ permiauble under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any exptmse or take
<br />aay action hereunder.
<br />& Iespettioo. 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 Lender's
<br />interest is the Property.
<br />4: t;edemt+misut. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other taking of tbe Property, or part thereof, or for cronveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to L.enckr.
<br />In the event of s total taking of the Property, the proctx~ds shall be applied to the sums secured by this Mortgage.
<br />with ttte excess, if any, paid to Borrower. 7n the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shalt be applied to 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 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 Borrower.
<br />If the Property is abandoned ty Borrower, or if, aker notice by Lender to Borrower that the condemnor otters to make
<br />an award ur settle a claim for damages, Borrower fails to respond to tender within 30 days after the date attch notice is
<br />tssiied, gender s attiborized to collect and apply the proceeds. at Lender's option, either to restoration or repair of the
<br />Property or to [he sums secured by thh Mortgage.
<br />Uttless Lender and Borrower otherwi:e agree in writing, any such application of proceeds to principal shall not extend
<br />or posiptxte the due date of the monthly iasta!lmrnts referred to in paragraphs i and 2 hereof or change the amount of
<br />such iastaHmatts.
<br />l11. Berratru Not 1Reieaaei. &xtrnsion of the time for payment or modification of amortization of the sums secured
<br />~ uris M,,,~{ 8; ~ by z ~ v a°.7 r~:ttr in •n?P•~~+ •~f Anrt+~wtr shall not operate ro release. in any manner.
<br />the Liability of the original Borrower and Borrower's succtscors in irtterat. Lender shall not be required to commence
<br />proca+i'mgs agaia~ suds successor ar refuse to extend time for payment or otfterwix modify amortization of the runt:
<br />stscured by this Mortgage by eeasort of any demand made by the original Borrower and Borrower's successors in interat.
<br />11. Ferreaeste i8 Lester Not a Waiver. Any forbearance by under in exercising any right or remedy hereunder, or
<br />othenrise aftosdal by applicable law, shall not be a waiver of or preclude the exercix of any such right or remedy.
<br />'LLe pttrevrement of itr:usartee or else payment of taxes or other liens or charges by Lender shall not be a waiver of LendePs
<br />ri~rt to atxdera~te the maturity of the indebtedness secuttd by this Mortgage.
<br />12, littaaeies CttwtsNve. AB temedsts provided in this Mortgage arr. distinct and cumulative to any other right or
<br />remedy under this Mortgage or afforded by law or equity. and may lee exercised concurrently, independemly ar attecessivdy
<br />33, g asi ~ 1 Jeiet sad Several l,iabiBty; Ca~tlom. The covenants and agreements herein
<br />trmsaintd shall bid, and the rights herexrnder shat! inure to, the mptctivt successors and assigns of tender and Borrower,
<br />artrject ro the provisions of paragraph 17 hetmf. ALI covenants and agreernertts of Borrower shall be joint and several.
<br />lire astd his of the paragraphs of this Mortgage are for convrniertce only and art not to be used to
<br />iattipret or de5ne the provisiiees hereof.
<br />14. NeAta Brinept far soy notice required under applicable taw to be given in another msrtrtet. fa) any notice to
<br />$ort+orser pawidt~ for in this Moatgagc shat' be gisrn by mailing such rtotite by certified mat! addressed to Horcower at
<br />tie Property Adiress or at such other address as Borrower may designate by notice to Lender as provided herein. and
<br />(h) aey antics to lratler shag fie giver by certified mail. return receipt requested, to Lendu's address stated herein oc to
<br />sttdt other addreta as Lender may designate by notice 2a Borrower as provided herein. Any notice provided for in this
<br />ltdosigage ,lull Lte deetaad to havr btrea given to Harrower ~ tender when givrn in tLte manner designated herele.
<br />13. ILaAwrs ltRerl~rget tiovessir; Law; Sevaaiiply. This form of mortgage carrtbirtrs tmifotm covenants for stational
<br />use ancL son-tssil'oam cvvettants with Limited variattorts by jurisdictron to rnrtrtitute a uniform security itntrurrrcnt rnvering
<br />rtai propvty. "this Mortgage attaB fie goveruad by the law of the jurisdictim in which tin Property is hxated. In the
<br />evesi that any provisittsr m douse of this Ldartgttgt ar the Mott caeflic[s w~h applicable law. such conflict shalt not afEact
<br />otlur provisions of this or the Nate w$iclt can b+e Siven etfui wifttrnrt the rnttfli~ing provision. send W thg
<br />essd tlse pt of the Mortgage and the Nair are declarod to be seera6le.
<br />lkf. saarawa"s G!7• Borrower shall be furnished a rnnfomted rnpy of the Note and of this Mortgage u the time
<br />of ecacut+on or afro recordation lsere~.
<br />17. 'li"rrtslee afi the lhs~erty: Aas~!~wr- If all or any part of the ProQertY or an intere~ therein is sold ar transferred
<br />by Barrawet without Leader's prior written ccatseat. txcludittg £a) the creatro» of a lien ar ertcutabrattee subordinate to
<br />tits M~tdaVfFw !b) the ueeaaiott of a purchase rtttvm• sectrity interest far hotrseltold appliances. tc) a transfer by devise.
<br />detaxtts or by operation of law upon the death of x joint tenant ar £dt the grant of any ltasefiold interest of three years or Less
<br />rot an option to purchae, Letidu ma*•. at Lender`s opiiat. declare all the sums secured by this Mortgage to be
<br />iassrtet$sr3y due and payable Larder sttaB have waived such option ra acrrluate i#. Prior to the aa:e a3rr transfer, L;r~tr
<br />asp the person to whc~ the Property is to be or irasrsfcrrad reach at;tresrM1nt in writing that thr credit of such person
<br />is satiafsc3nry w irtxter and ihu the ia€etxst payable on the sums secured by this Aiortgagr shall be at stn-h rats as Lender
<br />sbaR tegaat- 1f f-ender bas w~ivtd the opric+rt to acttkrate provided in this paragraph ;7. and if Barrewrtr's successor in
<br />bas eraenxed a w•rititn aaasaptioa agraaatnt acreptd in writing by Lrnder. Lender sha[I rekax Sonowu from all
<br />abii~atiam under leis Iirntgage sad Cho Nare.
<br />X Leader es such optiaa as arcrltrast. Lender shall mail Bartowtr rtatice of acceleration in accordancr with
<br />pat~taph ld hraetd'. Sach rroFite shall provide a period of n.:n less than ?0 days from the dau thr native h mailed within
<br />arch Ili asay pay Yie sums dociaaed thee. if Harrower fai#s ro pas Bach wens prior to the expiration of such period,
<br />Lesdrrr ts=ar, warhoas ftatlxa notice ar destasrd ore Harrower, invole any remedies permittrd by paragraph 1 R hereof.
<br />Ness-i 1t~^eass ['~++~!+±'a. $mroorer and Lmdtr tttrthcr a~~tnant and egret as fallow i s
<br />Yi. F.seaFt s Pis f~t'N~ 17 rarenf, spout Emrewer's breacr ed ray cavesaet or
<br />~tttsstat d >rseaeatat ie this lMsat@p, iatiMrila~ the eavewtsK b yq' wires dse also sacra ascared 1st' tlsis l~rlgri¢a,
<br />Lsiar Hsi.. is aeedimeAas isi stet artAee r. iaerswcr as ~ra.idd i. 1 ti ltertetd tisg: 11L tee bracer;
<br />C71 tlrs atliea ~ le esa aaei irtateis; t3l s tole, aN lass t6ss 3i ~ Erns ere isao tie aatlce k esilei t+a harrower,
<br />ftlr telikit tarsi lassrit rrsR lea eaeei: alai taA tfntt iairrre to rtre ardt breast as ar before the isle b era sotiee
<br />i'~R' ..flirt bawt+aF Acs snrs aecser+d iR aria 1Miwrtgttge, ia~etie®e 4! Jsiic3sl peeee~ ttad Bala d tie 1tialer'tl'.
<br />~iis asfisesfYri i)attiar iYftttst ieeasasea aJ Ile ~ to rtdatsVrte alilsr sRderstles sad tie right ie arM is tie ter
<br />Rasax~tile trai~titltstts ri s istsAt « a.! eAtar iadeaape at 1Caarower a secdsratlea aed forede0ee. lY Hre bnaeh
<br />is wrtl snot #. tie Ittf[we Ala Isle sMeiriai is tie .mire, Lesistr >t Lsade+4 sgtlM r~ iecrrre ae et Ae scars accord by
<br />ifritlF~titl~L,~fsie '-iota art f~ sdAtetit tastier irosad sad ass toredore eg ~ f16• L~r
<br />ttitalE 1>tssryid a~ tatfleetle ride ai .d iaxxlewee, i~ rat sot trailed te, taAa d iaeeasstuY
<br />stilisee~tiirterrssttsd Alfa apsllr.
<br />)~, ilt~rf 1e lfaiatlala. Nawag Lsnder's acceluation of the sums sscured by this Mortgage,
<br />8oerasrer t~eH ls~re ~t ~ m bsvD aay praC 1xgttn by Lender to enfora this Mortgage discontinued at any time
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