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<br />79-€~11~~5`?5
<br />Lender's writtan 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 disbersed by Lender 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 thereat. and shall bear interest from the
<br />date of disbursement at the rate payable from time to time on outstanding principal under the Nate unless payment of
<br />interest at such rate would be contrary to applicable law. in which evens such amounts shall bear interest at the highest rate
<br />permissib}e under applicable law. Nothing rnn[ained in this paragraph 7 shall require Lender to incur any expense nr take
<br />any action hereunder.
<br />S. Insp°etiatr. Lender may make or cause [e be made reasonable entries upan and inspections of the Property, provided
<br />that Lender shall give Borrower notice prior to any such inspection specifyin¢ 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 consequentiah in connection with any
<br />condemnation or other taking of the Prapert}•, or part themof, or far com•eyance in lieu of candemnaNon, arc hereby assigned
<br />and shalt be paid ro Lender.
<br />Tn the event of a total taking of the Property, the proceeds shall br applied to the sums secured by this Ivlon_eage.
<br />with the excess, ff amt paid to Borrower- In the ex•ent of a partial taking of the Property, unless 8ormwtr and Lendtr
<br />otherwise agree in writing. there shall be applied to the wms secured bs this Mortgage such pmpenion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Dtartgage immediately priar m the date of
<br />taking bears to the fsir market valve of the Propern~ immediately pr for to the date of taking. with the balance of the proceeds
<br />said [o Barmu'er.
<br />If tt:e Fropert}• is abandoned by Borrower, ar if, after natice M• 1_ender to Borrower that the rnndemnor offers to make
<br />an award or settle a claim for damages, Borrower fairs to respond to Lender withir. ?l days after the date such natice is
<br />mai}ed. Lender is authorized to calku and apply the nraceeds. at Lender's option, either m restoration ar repair of the
<br />Pre ports or m the sotto secured be this Riorteage.
<br />Unless Lendtr and Harrower otherwise agrce in writing, am- such app!icatioo of proceeds to principal shall not extend
<br />er postpone the due date of the monthly installments referred to in paraeraphs ] and '_ hereof ar change the amount of
<br />such instaflmtnIS.
<br />r,..~.~;.... .~ , j~fi-3:;._-,~ „_t a ~ti~3t,.v~ ,~f th_ a sums stcurtd
<br />la. ;>w ~ 1 ~ R-moo. ~....,~.,,., a= ,,,. .,,.. r~r .,~.,.,,,A„, .~~ _nt.-------- --
<br />Sy this llfortgage granted by Lendtr to am' successor in Enter^v of Bam'wer shall not operate at release, in any manntr.
<br />the liabi]in' of the original Batraw~er and Borrower's successa in Enterer[. Lender shall not he reyuirrd to commence
<br />practedings against such successor ar refuse [o extend time for payment or athttw-ire m:difi' amartixation of th; sums
<br />stcutrd bs this !.fottgage b}• rracon of any demand made M the original Borrower and $errawrr s stuctssors in interest.
<br />11. Forbtseaaee br Lender Not a Waiver. .An}- forheasance b} Ltndtr in exercising an}' right ar rcmcdy hereunder, ar
<br />a=3tet,Rst afforded bt• applicable ]aw-_ shop, nai he a R'a39tT of ar precludt the exercise of any such right or remedy.
<br />The ptu~ttement of iasuransre or the pa}mttnt of races or other ?lens ar charges h}' Lender shall not l+e a waiver of Lender's
<br />right to arctlrratt the maturin' of the indebtedness stcun-3 by :his 1{engaee.
<br />1Z Reaedies C®ahti~e. _All nmtdits prodded in this ifortgage are distin.-t and cumutativt to any athtr right or
<br />;r~necs under this Mangage or afforded by law or equip', and ma}• l+e exercised concurrentl}'. indeptndenily or successively.
<br />13. Ssrrtsems mad Ada Found: Sant and Serrral I.iabOkr: Captiotns. The rnstnants and agreements herein
<br />contained shall bind, acrd the tights htre:,nder sha77 imrre to, tfte respective st><^cesscrs and assigns of Lender and Borrower.
<br />zubirct m the pmsrsions of paragraph t' nrre~~f. _Ali covenants and agt~ements of Bor;awrr shall be yeiM and several.
<br />The captions and headings of the pazagraphs of this Mortgage arc for camenirncr only and are not t:~ be used to
<br />i-nitrptes ar defitu the pratisians Mm~f.
<br />14. !4oliee. Fzcept far anc notix tt:qused under applicable ]au to hr givrn in soother manntr, ta) an}' natice to
<br />Batsaw•er provided far in orris Mortgage steal! Ix _.gitrn ny mailing such natice h}' cenifud mail addrrsstd to Borrawrr at
<br />the Pmprm- Address ar at stash atlr_r addrrxs u B+irrow•er cosy designate by nnti•_r to i_endtr as prox•id~ herein. end
<br />#bt an}~ mice to Lender zhall be gixrn by tt,.ificd mail, return t'ectipt requested. *.o Lender's address stated herein or to
<br />sta~h other addttss as Lendtr ma} denier?ate ht notce to Harrower as pmtided htrrin. Any notice prosidetl far in this
<br />Mangage steal] Ise dyxntrd to belt f+etrt eft°rn to Harrower ar I.rt>ber when given zn the manner designated htrtin.
<br />1S. L'taHoz,o MwtpRe: GpvrtnisZ Law: $exrrabiity. This tarm of mart¢aee camhines uniform ::~vrnanta for national
<br />use and tu+n-unifartn ~ venanis with limier.', sanatians h}' ;urisdectian to ;anstin*,e a uniform stew^;~ instrumtitt cayrring
<br />lr-~rm~. 'Iltis Mi.:g_ge shall §t governed by the ?as; .~` the ~urizdictian in which the Prapem' is }ocatrd. In tht
<br />ova:: that anc provision tv clause of orris I+fongnge rr the \ott confli.ts with applicabk law, swell conflict shah no[ affect
<br />der ;srarisicws of this Marteaee ar the Natt uh~ch can be cix'rn offer without the mnflicdng provision. and to ibis
<br />~ uY pro+•;~stis of the R!;xiltagr s3 flu 4.~tr are .~:lartd to hr cevtrab?c.
<br />1L JOartvwers (~v_ Bertvwtx~ shall tx fttrna_hed a conformed cops of the \otr and of thin. Mangnge at the time
<br />of rxa-orlon ar eftrr recordation htrtnf.
<br />1?. Traadax et cbc Ptotern°: Asewpdoet. It all +v any pan ,~f the Pmprm or ar. antttrst ihrrrin is sold . r transfrrted
<br />bt H,araurr without Lrtndtr's pray writtrn a assent- rxcl:z}int ia? the oration of a tiro ar encumbraner zutardirau to
<br />this Mangagt. ibE the ereatstm of a nor=bast mono} xdu=;t} ~rtr*rst s.~: R.auseb.~3d appliances. lc1 a ttansftr bs deuise,
<br />dtsaexsi ar by aperatian of law upan xtx death of a to-rot tenant c' :d ~ the grynr of an} kasdu.ld interrat of there years or less
<br />na txantaiairtg an ,ap[i'+a tE, putt:Itasr. Lender mat. at Lrrdri_; , p:,:vr. dectam al! :At sums secured b+~ this Mangage to he
<br />rtttamediatrt} due aril payable. Lendtr shall ha+-t was+t.-.si !.u,h opt,.m t:+ a:crirrxte ii. priar to the lair ar irattzfrr. Lendtr
<br />axad the pesstx: to wlxxn ibe Prc>}-+rrr} is a bt sa;d x irasssi:r.;3 :r:: h agrrt°<rn; m w:Rt:nc :hat the credit of s:tch persarr
<br />a satisfa~-ton- to Lender axed tha! ~x intact pa}-able .~n the sum. sr.ucrd h? the, Mortgage sha!f i+c at su^.h eau as Lender
<br />shall n:guest. if Lmdcr has r'aiva/ the option to aaxirrate p.-,~,;i.ie3 :n thts pa.-agraph 1?. n~ if ~rm~'er'a sta-.~-t'ssar in
<br />iatettst has exerrud a urirttn ascimcnion agrctmtatt ncxptcd in uric+'•g b}- l.rnder. Ltndtr shaE1 release Borrower from all
<br />abiipaia~ns uzxder dzis Martynst sari the Natl.
<br />Lf Leo~r rxersaes stt:h option xo ar..cricratc. Lrzdcr ~~:all mail g+irrowt: nx~tr of aa-ekratinrt in accordance with
<br />paragaph 74 frrref. Stich natix shall pmvrdt x periled of ru'~t Eels than ?0 da}s from tlx date the notitt iz marled within
<br />..hi:h ;?ic8tcw2r may pa} the sums de>_ a-ia_*r.-t, dot. if Borr_,.rr fa33s ro px; s;;.h sumz pr~,r to tbt r'rpirat;an ~ su.b ptsiod.
<br />Lang may. witbcvn ftttitttr rxrrcicr or dtmaad nn Bc+rmwu, tnx~~c am :eencdxs pertni[ud bs paragsaph I"s hereof.
<br />Nast-L`xtp[iase Crn*eyav^s. Borrower and Leader funkier ca+enant attd scree as falloa^s:
<br />lft At~sieta2iaK RraeStst. Fseept as bra*idsi ai p~rapl 17 6rrtof, o~em Eerrowrr's breach of ae; rovesant ax
<br />> of 3otee:er is chi Nome. u~adlaE the cparaaats to pay oleo rise any soma secaxed b}~ this Moue.
<br />Leader priar b aeeelxa0ea ahaB coati mtgrr to 6arsnwtr as praaided is para6taph iJ hereof specihie~: (11 the breach:
<br />{2I t!e arffaa regaled ~ tae aaeh t31 a due, not Fete rhos 3Q dais from the date the aofice a mailed io forrower,
<br />h! tehirh anti hrtadt oat ie erre# sari i4) i6ra fa8aur to core such breach on a 6dote the dare specified in tht arotice
<br />a~ surd i, artderatlart of ~e alas atxtared bs- t6b Mottptse, [aredosan ~ Arai pitoreediap and sale ad the Property.
<br />Tae aartiu slot ftstlkr 6ano~rrv d the rte N reLauae after acrderatioa sari the right is assert in the forecloame
<br />pteeae~itg Y~ sta~etdaMeare d a defaait ar aarv other drfe~se # Eorrowrr w aeceler'atioe sari foreclaaate. R the breach
<br />Ie eat elated as s b~ ffie ~ is t!u ague, l.tndrr ru Lta~'s option may dectete a9l of the anal secured by
<br />fiia NaatlEape b fir haaktratdy doe aai M3+~ tr}thioaa furAer drmaad sad axay Foreclose by jadiriai proeeediag. Leer
<br />shall k aatlUei a eeYeet 1• oeY pncxed~ aft tspraas d faeeiosure, iadadiog, bat anx ticked to, corm of docamenMry
<br />~ ahatxataa acrd tltie repet4
<br />}~, agrrawea+a !lfght ~ Retaaau. Notwithstanding Lender's acctltratien of the sums sei weed by this Mortgage,
<br />Baa'tvurer shall have the righ[ io have any precrndiays begun b}' Ltndtr to tnforce this Mortgage discontinued a[ any time
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