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<br />II under paragraph 78 hereof the Proper[}~ is sold or the i'rnpert}• is othen;'isc acgt:ireri be Lender, Lender
<br />shsll apply, no Inter than immediatelc prior io the sa!c of the Yropert~' or ita acquisition b~ Lender. any Funds
<br />held by Lender at the time of application as a credit again,[ t6c sums secured by this Atongagc.
<br />3. Application of Payments. Unless applicable la;v provides othenvisc, siI pscments received b}• Lender
<br />under the Mote and paragraphs 1 and 2 hereof shall he applied by Lcudcr first in pavn,cnt of amounts payable to
<br />Lender b} Borrower under paragrapb'2 hereof, then to interest payable on the Sate and on I-uhur Advances, if
<br />any, and then to the principal of the Fate and to tl:c principal of Futur<~ A,lvanres, if anv.
<br />4. Chmges; Liens. Borrower shall pap all taxes. assessments :u3d other charges. fines ailtl impositions xttrib-
<br />utsble to the Propert}• which relay attain a priority aver this \Iortgagc. and grntuni rents. if snv. at Lender's
<br />option in the manner provided under paragraph _~ hrrzof or b}~ Borrower making pavn.ent. ;then due. directly fo
<br />the payee thereof. Borrower shall prompth' funlish to Lender all notices of smmmts due under this paragraph,
<br />and in the event Borrower stall tnakc pa}"nlent direct;}~. Borrower shah nro3uptly :ureic!: to lender receipts eci-
<br />deneing such payments. Borrot'.er shah promptly discharge sn}~ lien which has prioritc over this Mortgage; nro-
<br />~•ided, that BorroA-ershail not be required to dischsrge an} such lien so Irnlg cls Borro;er steal! sgree in writing to
<br />the paymer' of the obligation secured be such lien in a manner acceprll?le to Lender, or shall in good frith contest
<br />such lien bc, or defend enforcement of such lien in, iega! ivoceedings w hie6 operate to prevent the enforcement of
<br />the Len a iarieiture of the Propertc or an}" ll:.r1 thereof
<br />5. Hazard Insurance. Borrower shat! keen ti3c in3!n~ovements now ecising nr i:ereaftcr erected ou the Prop-
<br />erty i1>,;ured sgaiust loss by fire. 13azards included;citiun the term °estended eorerage". ;Ind wch other hazards as
<br />Lender msy :Yquire and in wch amou[[[r and for such }+eriads ;,s Leiner mu}' reyuir<,: provided, that Lender shall
<br />not require ti3st the smaut;t of wch cm~erage emceed that amom,t of rocersge required to pas chc sums secured'by
<br />this Mortgage.
<br />The i Icursnce csri;er pravidin2 * e inwrsucc shsil be chosen be Borro;er ,ub~ect to approcsl b~' I-ender:
<br />pmcided. tilt wei, spprocsi shat! not ~be tu3reasonsbi} withheld. AP_ premiums o1; insurance noiicit's shsl? be psid
<br />st Lender's option is _..<~ manner nm;•iacd m:,-'ter }:ara~r3hi: '? hereof or i>; Bon,m~er m:;king Payment. when due.
<br />directly *_o the irsurance csrrer.
<br />In the event any police is not renewed on or before ten days of its expiration, the Lender, to protect
<br />its interest, mac procure insurance on the imprmemenfa, pay the premiums and such sum shall become
<br />immediately due and payable w?th intermit a# the rate vet fr,rth ;_, -9}d note , ^*il , ~id end _Ilall
<br />secured be this \longage. Failure by Borrower to comph' may, at option of Lender, constitute a default
<br />under the terms of this \lortgage.
<br />Sllinsursnre nalirizs sod renewals the ~~.i .ha<i be i11 Torn; acerntshh' a, Lro:,irr :nisi sha ' incLn;c a stsr:dxrd
<br />martgsge eiau_~e in favor of sod in Tenn sece7,tabie to Lender Le13~-lee :hall ha;~< rise ri_ht to ho;d the noLci<: arnl
<br />renewals thereof, sod Bermwer ;hail pmn3p*.Sc furni_1 u. Lende+.~ all renews] notic+'s and ail receipts of asid pre-
<br />miuins. ir. the eieni o: lo;;. Bormwer sisii ^vr nromnt nat_ce u~ ;..< ...~:rsrr~ carrier ani land<•r. snd hender
<br />mar mske proof of loss if not msde prompt+~- in' Borrower.
<br />I;niess Leader and Borrower ot'ner;ee agree i.. ,.ritiu. is wrancr }+rucecds -teal': i <~ sphlicci to restoration or
<br />repsir o.:he Pn,r`er2y ,iamsgt•:i, rrnvidr:] sa;c6 rrs*,orat7o:I .-. rconra:,.,~sth- *.' ...i..!e :,rid the securitc of
<br />this ~lor•tgage'_ rat tieereln' impsired. Ii Dupl. restor:aio:. sir'- -. ~ . . ,lea ._sih:e or if the se
<br />of ibis \iortgage A-auld he ::paired. L..... ui:ir. l.ro<• ._ shat 6r 3+ ~,i<:n`. of _ curity
<br />~,~ • s er e< „p :o ti:r curls ,eeurec; h.- this Mortgage.
<br />witL the eaves`, if soy. nsid~te Bormw-er.-I th<~ Pmperrc ~a.,andoneu ilv~ Sorro•,;-,~; or ii Borro<er fails to respond
<br />~.
<br />to Lender within 3Q daps liter notice b~- Lender to Borrower tl;at zhe insurance c..rrier oilers to s .;le a clsim for
<br />instvanee ?,eneiits- Lender is su*_honzed to colect and spplc ti:e insurance proeeed> at Lender', eptiei^. either to
<br />restoration or repsir of the Propert} or tc: the sums secarell by ti3i> \longage.
<br />L:tlless Lender and Borrower otherwise agree in aritil,~-. s13~ =uri: ap}~licst;o: a },rece<~is to principal shall
<br />not z~.~end or post},one rile due date of the :nonth!c installn;enzs referee+; to in l~srsgrsphs } srd ° hereof ar change
<br />the smovnt of such instaliments_
<br />II under psrserapl: 1~ hereof the Prenert}- is sequireu b~- Lender, a'.i ^ _ ti4e sod irteres=, of Harrower in
<br />sod to any m=ursnce t~.,iicfes : rd i : sod to the proceeds r,,,c.rro; *.o •.. e~te::: •r. .., s,3ns sec~~r be this \iort-
<br />gage Imalediateic nna <uc~i: na~r i+r :, ,u;si?3on i >t - ,ing ::.,, Ian 7, ,~ ...+ Yropenv , to the safe ar
<br />scquiition snail psv to Linder.
<br />6. Preservation and Maintenance o1 Praperty; Leasehold-.. i:anc..miniums Bo-rower snail keep the Pmp-
<br />2rty In g~±od ;r}lase ~. _ 135:1 t. }'.27nll~, ter ,'i.mlrilt iti `set,. llllt`ain';ci::- .,. ., .+-. _~L10`; ;-. ...~ PTO ~ " ;3^,Ct SlIS;1
<br />camplr ~. It.^.'Ile ;:r^: '.0:._ J: ., _.,_,.. -h._ ~i-. ;s~•t .. .. a. , ... ~~36r ta, 9:;e~}.. Pis s COnaamlmllm
<br />tm?L, BO_*rOA'ef Ena-t jam. 0-.~- :. O: BOT7J`i - '1:,:3; ~.~.. 1-:+1P ... ..n"Y' .~... i_ ,7.mmL'111 Or Insstei aced.
<br />LhC ;+y-laA'F srd 7t'gil:at.~7.: ~ l:r a .!:101 1 !, 1 m '... P .~.., , - 1-r..._-
<br />7. Pratectian of Lenders SeGUrity. Ii Borrower iy.. ~.... ,.: arr. ~•,d agre<:mrnt? cantsined in
<br />this \iaYga¢r or i= sec acuon o: t mrs'rdi .t:n : w, , ._ :i s',.. 1 .der.:nterr,r in the Pre},-
<br />erty.:r,cludi;:g. 't,ut ^ot i._irted to. e•nnnrnt dmi;•,1;=. ~..> .. -at•c..«l,`,<...~n•rnlr+.~:..: .<rr ugenlents or prxee,i-
<br />ings Inyoh-ing s bsnn-ruct or ,tccrdent- tt;en Lender at 1 ~•nd<-r , c}+r,c1:. uro^.:-Drive w Soc..*o;ver. mac maize such
<br />appearance .,ur4. uc ..,._ - y ;~ take ~~T.ini , .- .. , ._ar~ ti otect I.eed•~r'> v3tere~t. including. but
<br />- e-e - ,.
<br />not lstn';etl 'c. C;`i.ur~e-3 -, p- x.on:i;,~. ~-,o•re1 .,~n :: n' ':^ut: '. ? Y. en•. zu make repairs. .~ln~-
<br />ssattssts dv:t3urse-.3 bti' Lender par>,_~^t t, t t;3.:,arsgrx,=i=- .-_..: in:err_z ther~oa. ,hsii become addiuonai indebt-
<br />eanese of Bonuwer secured be -.....`.Ior:gsE;e. L-n;r;= BorroA'e-1} 3:3. Lander agi-a• to other tennis of psyment, such
<br />amour» ~,si? be payable L}car: _lot3cr ;ro^., i.rn~ier *.i, $orroijt-r =ryuesri^g }'slment ti:erroi. and shall bear inter-
<br />est-f:vm the date ei dis};ur_-eme ~: s: ti3e rst_~ -tstrd zn the Sore urie~ psrn:er.t of interest at such rate would 6e
<br />eantrare to appiicsba ':s-;, ,.: whie'rs el<,^.• .uc:: sn;azzr> .,,,,.': l,es, interest s*, the highest rate permissible by
<br />sppiizabie ,aA~- Scii:n:r ,_ve:tsine,i :_. .,3- l -_ g_ryT.i- ;...-.. .- , .c Lender : Incur anc etiperse or do any act
<br />i3`reunder. -
<br />& Inejxe;ias. Londe; n,sy nsakc- or -n,~=e to i>i- 3r:ar':,~ rz~asorabh. f•r,trie.'ipon and ir,-spertiors of the Prop-
<br />erty, pmrided that Lender -nEi: give Hor-aAer -.~,., r (~r1ur .<, :u:v sus is inalertinc ,!,i~cif?•in~ ra-enable cause
<br />therefor trlaied to Lender= 1?+ter<~st in the P/z,r,e:zi'}7
<br />9. C®de~a!$on. The proceeds of are" wear. or clairzt for dsmag~, di_r~_t or cans~tltiential. in tannection
<br />with any ronde~ataon ar other tak3ne of the Yrnl.-^iv~ i.r hart th,~rroi. ur for con;~eca^ce• in lieu of eondemna-
<br />tian, are LereLr- ss=lgnrd and mall t~• };a;d to I_er;:3er.
<br />In the Brent of a total ta'n-inq of ti,e Yrapem•. rife l,rocrei ,lial! I,c sl,plie,.i to zhe =wn> secured be this \fott-
<br />gage, A-itil the e~ce:-<, if anc, }raid ;a $orrawer in t:;c <•tent of s t,srt.ai t:~1:i1;g ~i the Yropc•n~', ur:lc~s <3orrower
<br />and Lender otherA-tse agree in A'ritiug, there ei:sli Fn- xpl;bed to *i3e w:us secured h.• thi- \Iongage such propor-
<br />tion a# the prrnceds as is equal to?hat pmporxian A"hirh the amount of the snail seen.*ed bi• thisllartgage imme-
<br />dieieiv prior to the date of taking beam to the fair nlsrket ,-slue of the Proprnt- immediately prior to the date of
<br />takng, with the tulance of the proeeede ;aid to Boring er.
<br />If the Pzopet•tis; is abandoned hr $orroA-er or if niter nonce fit I.ei:~.ier to Bormn er that the condemnor offers
<br />to make an award or settle a claim for damage=, Borrower fail> ,o resl,nn~I to Lender ~.vi[hir, 3U dac=. of the date
<br />of such nafi~, Lender is authorized to ealleet anti apply the }+rocc•ed• +t Lender= option either ti. restoration or
<br />repair of the Propertq or to the stains secured by this \longage.
<br />Ltnless Lender and $orrowar at}3ern'ise agree in writing, any such application of proceeds to primipal shall
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