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<br />t-_,= y~,~s,~~.a t b u 1, t'...rA,~;:u r.ra3,s prv tx._ arta.~.nt c,t sl,....;~~[,~;alE's~r iitir ..ox.r.~ ¢t:~~.,f~rr:u i,ss e_7;er
<br />:ides^r+_r ¢.o„~_,. ,~.uyce ..
<br />.~^•. amo_dris disbvrstzi b+ Lender pursuant ro Shia par_gr~=p?; - v,rt .~..,,, ,-troop shat: come ~diT.., ^i
<br />,..c_w•ttr~.s ^` Bert=~;s~er ~,--z;red b• t?:is ~1ot?gage. Unitas ~rru~er a.; Lt°::~r agr~*to =finer Terms ,,f payrntat. sts~,h
<br />amaz:nts shaif be nayai±ie .span notice tram Lender to Borrower requesting pa}°ment [hereof. and zhaii ~w_ar interest from t;^r.
<br />dolt of disbu,xmtnt at the rate payable from rime to time an cu=standing prinetpai under the Note units payment of
<br />interest at su~'t talc would bt con•,rry to anphcabie Saw, in which evert such arnaunTs shah bear interest at the higir_st rata
<br />pttrr:issibie urser appiicablt Saw. Nothing contained fir, this paragraph ? shaif »quire Lender to incur any expense or take
<br />any action hereunder.
<br />$. Ynspecriort. Lender may make or cause to be made reasonaofe entries upon and inspections of the Property, provided
<br />that Lender shah gi°ve Borrow°er notict prior to any such inspection specifying reasonab3e cause therefor relatui to Lende,'s
<br />interest in the Property.
<br />9. Co==rdZmrtstion. ;rho pr need; of any award or claim far da,-nares, direct or cnnstgt=entiai, in connection with any
<br />condemnatie^ ar ether fakir-a of the Property. or cart ther_of, or for conveyance in lieu of condemnation. are hereby assigned
<br />and shat be paid to Lender.
<br />In the event of a toiai faking of the Property, the proceeds shah be appiitd to the arms secured by this Mortgage.
<br />with the excess, fir" any. paid to Borrower. In the event of a partial taking of the Prapttty, unless Borrower and Lender
<br />athervise agree in writing, them shall bt applied to the sums secured by ibis Mortgage such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secu*ed by this Mortgage immediately prior to the date of
<br />taking bears to the fair market vahte of the Property immedia[eiv prior to the date of taking, with tfie oatance of the proceeds
<br />paid to Borrower.
<br />if lire Property is abaadooed by Borrower, or if. after notice by Lender to Borrower chat she condemnor offeta to make
<br />an award ar settle a claim for damages, Borrower fails ro respond to Lender within 30 days after the dart such notice is
<br />mailed, Lender is author+.zed to collect and apuiy the proceeds, a[ Lender's opi;uu, e„„_- .:, ,;,,,~ o,,,,.. ,.. ^'- ^f the
<br />w~..... v
<br />Property or to the sums secured by tisis Mortgage-
<br />Uniess Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shaft not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs i and Z hereof ar change ±he amount of
<br />such installments.
<br />it). Borrower Not Released. Extension of the time for payment or modification of amortization of the sum s ,coated
<br />by this Mortgage granted by Lender to any suwessor in interest of $orrower shall not operate to release, in any r:: - ,Rtr,
<br />the liability of the original Borrower and Borrower's successors in interest. Lender shall not be required to com:ncnct
<br />proceedings against sz.c?r successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />x:.ured b - ~..--teage by ttase)n of any demand made by the original Borrower and Borrower's successors in interest.
<br />ii. `_ u:°t-rtnra~tt isy s,t=tder PSat a R'aiver. Any forbearance by Lender in axer~ising am• right or remedy hereunder, ar
<br />e*.herwise at?erdtd 6y agpiicabie law, shaif not be a waiver of or precludz the exercise of any such right or remedy.
<br />The prycur^,;,nt of tnsnrance or the payment of taxes or other liens or charges by Lender shad not bt a waiver of Lender s
<br />right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />Id, $trtedies Cumulative. All remedies provided in this Mortgage are distinct and cumulative fo any other right or
<br />remedy under this Mortgage or afforded by Saw or equity, and may be exercised concurrently, independently or successively.
<br />13. Successota and Assigvs Bound; Joint and Several T.iabt'fity; Captions. The covenants and agreements herein
<br />contained shaif bind, and the rights hereunder shall inure tn, the respective successors and assigns of Lender and Borrower,
<br />-u`vjc:,t i- ,.e p:~:isioas of paragraph !? hereof. Ai! covenants and agreements of Harrower shall be joint and several.
<br />The captions and headings of the paragraphs of this Mortgage art for convenience oriy and are not to be used to
<br />interpm_t or define the provisions hereof.
<br />i4. Piotiee. Except for any notice required under applicable law to be given in another manner. (a) any notice to
<br />Borrower provided for in this Mortgage shall be given by mailing such notice by certified mail addressed fo Borrower aY
<br />the Property Address or at such other address as Borrower may designate by notice to Lender as provided herein, and
<br />(o} any ttotiee to Lender shall be given 6y certified mail, return receipt requested, to Lender's address stated herein or to
<br />such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided far in this
<br />Mortgage shaif oe deemed to have been given fo Borrower or Lender when given in rite manner designated ttettin.
<br />ic, Llnifordn Morgue; i',avernirtg Lrvr; Severability, This form of mortgage combines uniform covenants for naiionai
<br />=~ and n_.. -Rifer _.._nts with limited variations by jurisd°^iion to consiitutz a :,-r.""c°- ;;rig = st,°t:° „ve ..g
<br />=_al proptrt •} This Pr`tortgage sfiall ham: gaderned by the izw of the jurisdicTi^^. fir. w)sich the Prapr:?:,r3 ls~>~~ In ibe
<br />ev t s.-,ai a,-~y prv:ision ur eiause of ibis iriortgagt or the Nutt convicts with applicable Saw, suc*t canfiict sRaii pat at*ect
<br />other amvisinns of this hinrtuxop n* rhr Nor.. ,.,t,~-V, ~ ., t,a ., »a..,., ,,,:rt,.,.,r at,a ,.n„n:,..:.,.. ,. .,a ,r.;.
<br />_____ _ ___~-a_ _. .-._ _._._ _..._.. .._ ~...... .,, to ,,.,a
<br />end the provisions of the iY.ortgage and the Note are declared to be severable.
<br />?~= Berrorver'a C.spy. Borrower shaif be furnished a conformed copy of the Nott and of this Mortgage at the Time
<br />of execution ar after recordatinr. hereof.
<br />i9. Trana€er of the Property; rsstuuption. If ail or any part o£ the Pmgerty or an interest therein is sold or transferred
<br />by Borrower without Lender's prior written consent, excluding (a) the emotion of a lien or encumbrahce subordinate to
<br />this Mortgage, (b) the creation of a parehast money security interest for household appliances, tc} a transfer by devise,
<br />descent or by operation of Saw upon the death of a joint tenant or (dl the grant of any leasehold interest of three years or Seas
<br />nai containing an option to purchase, Leader may, ae Lender's option, declare all the sums secured by this Mortgage is be
<br />immediately due and payable. Lender shalt have waived such option to accelerate if, prior to the sale or transfer, Lender
<br />and the person to whom the Pra~rty is to be sold or transferred reach agreement in writing that the credit of such person
<br />fs satisfactory to Lender and that the interest payable on the sums secured by this Mortgage shall be at such rate as Lender
<br />snail request. If Lender has w•aivP~ *he option to accelerate provided in this paragraph ,'., and if Brrro•.ver's successor in
<br />interest leas executed a wriiien assumption agretmene accepted in writing by Lender, Lender shaif reiea~:e B~~rtower`rom ail
<br />obligations un~er ihi; Mortgage and the Note.
<br />if Lender axtrciscs such option fo accelerate, Lender shall mail Borrower notice of acceleration in accordance with
<br />paragraph l~ het~tof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within
<br />which Borrower may pay the sums declared due. If Borrower faits to pay such sums prior to the expiration of such period,
<br />Linder may, without further notict or demand on Borrower, invoke any remedies permitted by paragraph 18 hereof.
<br />==E:-'t-`I~t=`~n;~ ~f _.-~,-=s. $ rriwcr need Lzn:ie; furic2r covenant and agree as follows:
<br />iTs, ~cceieratioo;'~etttsd~ kept ~ provided tp pas~ra; b i7 berrof, u,:,,s r!^rrowtr'a b.-~€b of spy ;cvsaant Yr
<br />agreerttea! of iarrower in this Mortgage, including the covenants to pay when due any sums secured 6y the Niortg~e,
<br />I.et~er grist tfa aseeiz~ion nsail nati~ to Borrower as provided is paragrsTa4 lid berettf specifyirag: (i) the breach;
<br />(~} tI~ action r~uired to core such breach; I~} a date, rwt kss than 3iE days from the date the not@ce ~ mailed to Borrower,
<br />by wttirb stmh breach mast 6e cured; and (A) that failure to core such breach on or before the date speci&M in the notice
<br />may r~-tsft is ~erafiou of the surr~ aerated by this Mortg~e, for~ciosure by jndiciaf proceeding and sate of the 13rruperty.
<br />Tire notice abali farther inform Borrower of the right to rtzinstate after acceleration sod the right to assert in the foreclosure
<br />ptocetdtag the non-existence of a dtfard4 or any other defense of Borrower to acceeratioa and foreclosure. If the breach
<br />h rte[ cared oa or before the date specked in the notice, teades at tender's ogtbn may declare a1! of the sums se~vred by
<br />tiua Martpage to be imarediateiy due aad payable without further demand sod rosy foreclose by judkis! proceeditrg. tender
<br />ahaii ;re eatlit~d to collect in such pn.eeedireg all exptt>ses of foreetoaure, iuciudbtg, but tint limited to, eo5t9 of documentary
<br />evfd~ce, amts a~ IBle reports.
<br />fig. ;ware-owe~i's :c'r~at to icei-te. Notwithstanding Le>der's acceleration of the sums stxured by this Mortgage.
<br />awrr~iwer shaif Stave ihi right io have any proceedings organ by Lender io enforce this Mortgage disconfinued at any time
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