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<br />Lender's written agreement or applicable law. Boaower shad 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 interest thereon, shall become addi?tonal
<br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amounts shalt Ix payable upon notice from Lender to Borrower requesting payment thereof. and shall bear interest from the
<br />dale of disbursement at the rate payable from lime to time nn outstanding principal under the Nate unless payment of
<br />interest at such rate would be contrary to applicable law, in x'hich 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 />g. {nspeetic.t. Lender may make or cause to be made reasonable en?rtes upon and inspeciians of the Properly, provided
<br />that Lender shall give Borrower notice prior to any such inspection specifcing reasonable cause therefor related to Lender s
<br />interest in the Property.
<br />9. Condemnation -the proceeds of any award ar claim for damages direct or consequential, in connection with any
<br />eendemnaiion oc other taking of the Propene, or part tt:ereef, or for cnmeyance in lieu of wndemnatien. are herehy assigned
<br />and shat{ he paid to Lender.
<br />In the event of a total taking of the Propert7, the proceeds shall be applied to the cams centred by this ;•tortgage.
<br />with [he excess, if any, paid to 8nrmwer. In the event of a partial taking of the Properly. unless Bormw~er and Lender
<br />otherrise agree in writing, there shall 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 be this Mortgage immediate{} prior m the date of
<br />taking bears to the fair market value nt the Pmpertc immediatelc prier to the date of taking, with the halan:e of the prnreeds
<br />gaid to Bor~wer-
<br />If the Proyterh• is abandoned M Borrower. nr if, afar notice by Lender to 8ormxer that the rnndemnar offers to make
<br />an award ar xttle s claim for damages, Borrower fails to respond io 1_endrr within ?0 dais after ;he date such notiu is
<br />motto{, Lender is authorized to collect and apply the prncceds. at Lender's option. either to restoration ar repair of the
<br />Ropetn` nr m the sums secured by this Atangage.
<br />L'n}ess Lender and Bot:ower otherx•isr agrYe in ur.;;ng, env carte application of prn.~erds to principal shall not extend
<br />or pactpnne the due date of the monthly installments referred to in paragraphs t and ?hereof or change the amount of
<br />carte instatlmenL.
<br />~- u.~'--- - - ~.r,. ors a, „z. --. pa -, ,,.:v't,.z ., of ......~,._..,. - -' el,g _-.._. ___utYd
<br />by this Mortgage granted b} Lender to any successor in izmrrest of Borrower ~shal]`nnt overate tn> release. in anyc manner.
<br />the liahilin- of tht original Borrower and Bnrrawrr's su::ezcan in interest. Lender shall not M required to cnmmenre
<br />prncee:.ings against such strcre~ascr or refuse. to extrnd time far payment or nthtrwisz modify amortization of the sums
<br />sa'urtd ba' this Mnrtgape b}• rcasan of an}' demand made h~ the nri¢ical Bnm war and Borrower s sut:essnrc in interest.
<br />II, ~FottwFSraece bF Trader Not a Weiser. .4n} fori+earsa:e M~ Lender in exercising a;r}' right nr remedy hereunder, nr
<br />adtetwise afforded be applicable taw, she?I not M a x~a-~~er o? nr pre:lode the exercise of am' such right nr seined}'.
<br />13re procurement of iruttrance or t'Lr payment of razes or .thee liens nr tharces be Lender shall oat he a w-niece of Lender's
<br />right fn az~xlcta4e the maturity of Lhc indrhtedtre~s :scored by tlaic ~tnngage.
<br />12. tteme~ec Camalafise- Ali isms-dies prrn~idrd in This ',iongage arc distinct and wmulatice to am' other rittht nr
<br />retarfi• under rtes Mnn¢age nr afforded by lsw nr equitt~. and msz EY rzrrtisrd rnncurrently, iadeprndemi°: ar stxxssivrly.
<br />{3. Socee~wrs >md As®ges Boead; Ioiai and Several T3abilir.; Captions. lltr :ovenants and aereemrats hrreirs
<br />tt*ataixd s_itaB hind, and the rigists he::utrder steal! inure tn. t'1e respnnvr surcrescr~ and assigns n£ L.rrtder and Borrower.
<br />subject to the proa-isinas of paragraph :' hrrea£ .411 :oarnants and aerremrnts of Bnrsox`rr shall be joint anal several.
<br />Tlae raptiorts and hadiagc of the paragrsphc of this ltnngage arc for :anvrnirn:e ante' and -are rot t.~ hr used to
<br />interpret cur define the provisions tremf.
<br />14. Wotice. £xspt far my rx>ti:e required under applitabtc law to !sr given in another manner. tai env rratire to
<br />8nrmxrr provided far in this Mnngagt shall he given h} mailing su:h norite hti scorned mail addressed in 13.ormxrr at
<br />[lx I'mFcm' Ad3ress or at carte Diner atidtess as & rrowrr may devgnatr 6v- mui:e to Lender as presided herein, and
<br />(bl any notice to Lender shall be given bx x.ttified mail. rrurn m-r~pt trquesied. to Lenders address stated heron nr to
<br />such other address as Lender may dedenate by rtatitr to Bo; rower az provided 'arc:n. Ana- noti:r provided far in this
<br />?.tsriga~+e shah :+e 3cetised Ea have been geese, to 8armwrr or t smite whcr. given in the tnanncz dtsignated het-in.
<br />t5. C"w~araa "~ioitpge: Gossrwias ti~.r; SrseraSitn• flats form of mangagc :omhirxs unif.•rm : ~vxnants ins national
<br />use and ne`n-uniform rnvxnaars x-ith limited variations h}~ jursd~:t.nn to :. rtstitute a uniform s..ur:r. instrutnrnt covering
<br />tea; ~ivy+ezty. ';h:s Mangagr st.ali be gnvtttxd by *,hr !aw ,,f rlx iurisdit?ion in which the Properly is located. In tM
<br />event that any proa;sien nr clause of this Mnr,¢agt or the \ote ronfliru uith applicable iax~, such tanftirt shall ncu affect
<br />stti!•r pmvisio?+s of this 1Nartgage ar the Nntr wh:h :an l+t gt yen t$r:t without rhr ~ nflicting D .vision. and m this
<br />tad the pravi~as of ts'~ Mn.-tF-age and t!~ *~ate ate d<.!a^rd tam !~ srrera!elr.-
<br />Ift ilorxoaer`s C~pc. Benawer shat] hr furmshcd _ Ynfarmtd :apt' of the Note amj of this Mortgage at tree time
<br />of ettentatintt nr after rero!dadan t»a~~.
<br />I?. Ttaefisr of t!e Phapats; Aatteaptioo. If al] or an} oaarz of the Pmprny ar an interest t'trerrin iz sold nr transferred
<br />be II,•rrr.•awer x~ithout Lender's prier x•ritirn :aasrar, excluding ia~ the rreatinn of a lien or encumbrance subordinate m
<br />this Idanpge, ibl the treatixt of a purchase irrotxy s~ttutit. interest f. r household applisn:ts, ill a transfer b}' devise.
<br />descant or b}` tyaeratitut of lax upmt the death o£ a }asnt tr:tsm nr ids the grant of an}' Iraseha;d inures! of three years or less
<br />net cant:ming an Sian to purrhasr. Lender ma}, a: Lrndrr'+ .~pu.~n. drtlarc ail the stuns secured h}' this 'sinngagc to 6e
<br />imtaedisteh' der and pay°at1c. Linder slrali Itavc waived su:h option r•.-~ a:relrrate if, prior to the sale or transfer. Lender
<br />and the pricier to w}h')81 the Propem is to t>e s.~ld to transferud :rack agreerttrn::a wrong char the reedit of such person
<br />is sarisfaezor}` to Lrndez and ffiat rx interest pay-ai+lc zn the >ums sr:urcxi hy- this Mortgage shall be at sttrh rate a; Lender
<br />thad request. tf Leader has x•aive: rtes aiRi.tt to a.-.:elrratr prrn'id~ in this pargraph 1', and ii Bnrmx•er's su:.cessnr in
<br />i+ttetest Iaas ertcuted a x-riata ea:astptirsn agte~meat accepted in w Tiring by Lcndtr. Lender shalt release Bartox-er from af]
<br />ohligatitms under this Ma^tgttge a~ the Nits.
<br />3f I..en3er eserrises sum i+ptic+rs to a:.ceceleratc, Lender zhaP. mail Borrower notice e£ acetlerar_inn is arcnrdance with
<br />para~nph ]d Ittrto#. Such n.~ti.-t sha~'1 }>ravi3t a Pend of n.=t less than 3L1 days from t!tr dart the onti:r is mat7ed within
<br />wysirh Bartnxnr may pea' tae sins d~iared due. If Borrower isiis +o pay su:h cams prior m the expiraaan of such period,
<br />I.eadts loop, withnta #urther notice oc ,xtnat+d on Bannx cr, invair our rtmedies permirud tvy paragraph Y g hereof.
<br />13nv-Uts'[ratta Cov>=sst~'s. Barrcwses and Lander funhtr .nzrnant andagrez as fnllcwvs-
<br />IL Aectttle~iaa; liter. F~cept as praliied is par`rgraph IJ laeteof, ape iorrower'a brac6 ai nay taveeaat or
<br />d 1 !s ~ L~cet!#ge; iwc'Itad"~ the tovtmaels M pat who dtk act} anal aeeattd by [foie Mort£sEe.
<br />Ider prise to atrdraatYioe tint ant mdCx to 16e~rre+rer >m prodded ba p I4 6sreof arerif.'isg: lty for lurxh:
<br />(Z) the att~ke ~ tins sateb ~; (3l a ttl~r, rot kas Chao 36 days floe 16c date the ^otTrt is awled to borrower,
<br />by tatdeL aat3 bteac>! oriel rte eta ad try tfkat flints to care sack beach ea ce beftrrr Ilse date trpeeif'ted ~ the corks
<br />^qg teadi fa amdeetaiaa of the ratans ttettarred M' this M~• fareciiotmre tYy jtrdlcid preceeda~ and sak of the Peoperfy.
<br />'[Le aaKce tai IatrAty Ltfem l~~rtawsr aF Ibr ri<!t so tswatate after rctdvsttea and ttre riC~ to ataert is tfae foreciosare
<br />. piwcweia~ 6e niece of a tidail ce see atber tkfsisss of isoreow~ to aeceieratioa ad fortct>aors. }i the Meaeh
<br />ti net tweed se ce btfets the tiL~ ~ the atsfice, i.eatlss st lxadet's eptiea may ti~•yaze ~ of f13e sums srcnred by
<br />t~ lylaatppe !o be ivoet~ddy tae aad }syabie witbaW fiinhs ttemmd and sane fortciosc by jvdkid pscerediag. Leafier
<br />tats Iae t b t~ is anti px^=adiatj ti ert#eeaa ~ foeerlmors, iodtatliot. bot not 8mitcd to> swti of dceomeatary
<br />ttsiieate, tttbtd3wcb sled Utie rsptuK
<br />}~, Ifiaet~ ~ ffi ;Qeiaftle, Notwithstanding Leridtr's acrekration of the sums secured by `his Mortgage,
<br />Bari'ower shag tenet tht tigbt to have any proctsdiags begun by Linder w enforce this Mortgage discontinued at any time
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