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<br />79-- Uci29F'~
<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 />A.ny amounts disbursed by tender pursuant to this paragraph 7, with interest thereon, shall become additional
<br />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 />interest at such rate would be contrary to applicable law, in which 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 expense or take
<br />any action hereunder.
<br />8. inspection. Lender may make or cause to he made reasotra6le entries upon and inspections 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 Property.
<br />9. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, arc herehy assigned
<br />and shall be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall be applied to the sums secared by this Mortgage.
<br />with the excess, if any, paid to Borrower. Tn the event of a partial taking of the Property, roles; Bo: row;;: and Lender
<br />otherwise agree in writing, them shall be applied 20 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 priar to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />I£ the Property is ahatrdoned by Borrower, or if, after notice by Lender fa Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Borrower fails ro respond to Lender within 30 days after the date such notice is
<br />mailed, Lender 's authorised to collect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Propem• or to the sums secured by this Mcngage.
<br />Unless Lender and Borrower otherwise agree in writing, any such appliratian of proceeds N principal shall nM extend
<br />or postpone the due dale of ibe monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of
<br />such installments.
<br />19. Eorrovrer 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 in[crest of Borrower shall not operate to release, in any manner.
<br />the liability of the original Borrower and Borrower's successors in interest. tender shall not be required to commence
<br />proceedings against such successor or refure to extend time for payment or otherwise modify amortization of the sums
<br />sa't[red by this Mortgage by reason of any demand made by the original Borrower and Borrowers successors in interest.
<br />11. Foaiesrate by Leader Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otlrezw~ce afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy.
<br />The prtx-urement of insurance ar the payment of taxes or other hens ar charges by Lender shall not be a waiver of Lender's
<br />right to acce]erate the maturity of the indebtedness secured by this Mottgage.
<br />12. Resseaics C®~e. All remedies provided in this Mortgage are distinct and cumulative to any ether right or
<br />remedy under this Mortgage or afforded by taw or equity. and may be exercised concurrently. independently or successively.
<br />i3. Saecesscrs ~d Aasigas Eoaad; Jaief asd Severs! Lials~ty; Captioss. The covenants and agreements heroin
<br />tnatained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph 17 hereof. All covenants and agreements of Harrower shall be joint and several.
<br />The captions and headings of the paragraphs et this Mortgage are for convenience aniy and are net to be used to
<br />interpret or define the provisions hereof.
<br />11. Nstlte. Except for any native required under applicable law to be given in another manner, (a) any notice to
<br />Borrows provided for in this Morigage shall be given by mailing such notice by certified mail addressed to Borrower at
<br />the Property Address or at such otber address as Borrower may designate by notice to Lender as provided herein, and
<br />(b) any native to Lender shall be given by certified mail, return r0.'eip! requested, to Lender's address stated herein or to
<br />sutdt other address as Leer may designate by erotica to Borrower as provided herein. Any rratice provided for in this
<br />Mottgage shall be deemed to have beer given to Harrower or Lender when given in the manner designated berein.
<br />25, UsRors Me*t'isLe: Gorern~ Larw, Sevetr~y. This form of mortgage combirta uniform covenants for national
<br />use and inn-utriform covenants w=ith littsited variatiov[s by jurisdiction to constitute a uniform sc*~nrity 'tnstrument coveting
<br />real proptrn=. This ?.fatxnags shall be governed by the law of the jurisdiction in which the Propem is located. In the
<br />Ott that any prorsian ar clause of this Mortgage ar the Note mntlicts with applicable law, such conflict shall not affect
<br />athtr previsions of this Mortgage ar the Nora whitlt can be given effect without the conflicting provision, and to this
<br />and t`.te pro>,~siorts of the Mortgage and the Vote are declared to be severable.
<br />Ili 3mrower's Copy. Borrower shall he furnished a mnfartned rnpy of [he NMe and of this Mortgage at the tittle
<br />of execution ar after recordation hereo£.
<br />17. ?render o£ flat Property; Astm~tioa. If all or any part of the Property or an interest therein is sold or transferred
<br />by Borrower without Ler>8eis prior written consem, ezcltrding ta) the creation of a lien or encttmbrarux subordinate to
<br />this Mortgage, (b) the creation of a purchase looney securin• interest for household appliances, to) a tntufer by devise.
<br />dessert or try operation of law upon the death of a joint tenant ar (di the grant of any teaxbold interest of three years or less
<br />rot cootaiaing alt option to purrl[ase, Lends may, at Lender's option, declare all rht sums secured by this Mortgage to be
<br />imnft:diattly due and payable. Leader shall ha~ro waives sttzh option to secelerate if, prior to the sets or transfer, Letrder
<br />and the pesson to wham the Property is to lse sold or transferred reach agreement in writing that the credit of such person
<br />is satisfadary to Lender a~ that the interest payable on the sums secured b;• phis Mortgage shall be at such rate az Lender
<br />shalt tegttest_ 3£ Linder bas waived lire option to acttierate provided in this paragraph 17, and if Borrower's successor in
<br />itliarRt Iran ertecuted a written aesassnption agreement accepted in writing by Leader, Leader shalt relrxse Borrower from all
<br />obligations under this Mortgage and the Note.
<br />If Lender exercises sttcb option to accelerate, Lender shall mail Borrower notice of acctkratratt in accordance with
<br />pntrtgraph 14 Hereof. Such notice stroll ptovitk a peri~t of rrot Less than 30 days from the date the notice is mar'{ed within
<br />wlicb Borrower may ~y the sums e>.eslaral due. if Borrower fails to pay such sums prior to the expiration of such period,
<br />Linda troy, without further twtioe or demand on Borrower, invoke any remedees permitted by paragraph I8 hereof.
<br />Noaa-Ltxrtmare Covext[~ss. Bormtver and Lender futtber covenant and agree az follows:
<br />Ji. ~ Retae6os. Fseepd s pssn8dei is paragraph i7 6ereoF, upon 13wrotrsr's isenci of any covesant er
<br />>~M d losra+rrr i firY + iac~t~ lie tovenaats to pay w6es doe say stns secared iy tttY Morlpge,
<br />l~etfdv pater M atodxetlaar aW sot notice w iortavrer as provided is para)(ttyh 14 iereot spectfyis~: (1) tie teasel;
<br />(,2) tit. attioe re~}eai a ~ wet trnaNr: ts~ a date, sot bo ties 3o says fears me one tie aotbe b malted w tttorrewer,
<br />~J' allot aee(r lasatti eaei !s are$ aei (d} 4ttat talon w tare sari t[rnci eta w trtfort tie da& Ia tic notice
<br />mq fesWt M aceeiesaNsa sd tint eons setwei ty tits Mp'~ta foredsrare it jadlel.t protmdirg aml sob at tie property.
<br />'Yie attire tttsi ftat~a isfstt• lscsaasr of fit rift m reirsfaEe attar actdetatiat asd tie rlglst to asset in tie foroclwnn
<br />peoeaaisK tie of a detreit ss• asy otitr defeast a! lorrowtx to atceltraNoa ~ foretlossre. >< tie txeari
<br />)w set tmai oa or ttdme ltte date apa:ad i We aoNee, tEaitt st Latda"s option ®ap declare aB of fix sans secared try
<br />lib to Ibt dstr atsi prpyeile wittioai fnetitr desasad a^d may foretbee by jsdkial proeeedlag. Lender
<br />siel >k setYiei is Wise w sari prrteaiisg ai espeasa at foretiewre, htchalog, bat rot limked to, coats of docnmeetsry
<br />arlisrate. ahtwettsssd brie rgatts.
<br />lp, lorso+-sa's ~ b s ' " - Natvvitlstanding Lender's acceleration of the sums secured by this Mortgage,
<br />;ar~ivta:;r ~ isa.c fie ~ ro ~-sue aIIy ~s~ ~.:n b'r Lts.-,de: to ~fa.ce chi, Margage discontintnc: a. ary lime
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