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Lender's written agreement or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the <br />mas[ner p~avided under paragraph 2 hereof. <br />Any amot~~ts disbursed 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 thereof, and shall bear interest from the <br />date of disbursement at the sere payable from time to time on outstanding principal under the Noie unless payment of <br />interest at such rate would be contrary to applicable law, in which event such smounts shall bear interest at the highest rate <br />pzrmissibie under applicable law. Nothing contained in this paragraph ?shall require Lender to incur any expense or take <br />$d~+ any action hereunder. <br />3. Ynspectloet. Lander may make or cause fu be made reasonable entries upon and inspections of [he Propetty, provided <br />f that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's <br />~ interest in [he Property. <br />!\ 9. Condemnation. The proceeds of any award ar claim for damages, direct or rnnsequtntial, in connection with any <br />condemnation or other taking of the Property, ar oast thereof. or for conveyance in lieu of condemnation, are herehy assigned <br />and shalt be paid to Lender. <br />In the event of a Yule! taking of the Property, the proceeds shall be applied to the sums secured by this Mortgage. <br />with the excess, if any, paid to Borrower. [n the event of z. partiol taking of the Property, unless Borrower and Lender <br />otherwise agree in writing, there shall be applied to the corns secured by this Mortgage such eroporiion of the proceeds <br />as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior ro the date of <br />taking tzars to the fair tnarket value of the Property immediately prior to the date of taking, with the balance of the proceeds <br />paid in Borrower. <br />If the Property is abandoned by Harrower, or if, after notice by Lender to Borewer that the condemnor ewers to tnakt <br />an award or settle a claim for damages. Borrower faits to respond to Lender within i0 days after the date such notice is <br />mailed, Leader is authorized to collect and apply the proceeds. at Lender's option, either to restoration or repair sf the <br />Property or to the sums secured by this Mortgage. <br />Unless i_ender and Harrower otherwise agree in writing, any such application of proceeds to principal shall not extend <br />or postpone the due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the atnotn;: of <br />such installments. <br />1t1. iI<,rrower :"tot 12eMased. Fx[ensian of the lima far payment ar modification of amortization of the sums secured <br />by [his Moog.+ge granted by 1_cnder to any successor in interest of Horrower shall nor operate to release, in any manner, <br />the liability i;f the: origins( Borrower and Borrower's successors in interest. T.eader snail not be required to commence <br />proceedings against such successor or refuse to extend time tar payment or otherwise modify amortization of the soma <br />secured by this *".ort2sge ::^,y resson o[ any demsnd made by the original Borrower and Borrowers successors in interest. <br />I I. Y%orlr_ararct by Ixe#r No! a Waiver. Any forbearance by Lender in exercising any right ar remedy hereuntlrr, or <br />erthtrwise afforded by applicable law, shaft not be a waiver of or preclude the exercise of any such right or remedy. <br />The prosuremeni of insurance ar the payment of taxes or other liens or charges by Lender shall not 6t a waiver of Lender's <br />right to aecelertt the maturity of the indebtedness secured lay [his Mortgage. <br />l7.. Btmedies Cmm~latlve. All remedies provided in this Mortgage are distinct and cumulative to any other right or <br />remedy under this Mortgage or afforded by law or cyuity, and may he exercised concurrently. independently er successively. <br />13. Saceessas wad Assns Boand; loin[ and Several Lia6itity; Captions. The covenants and agreements herein <br />contained shall hind, and the rights hereunder shall inure io, the respective successors and assigns of Lender and Harrower, <br />strbjcci to the provisions of paragraph 17 hereof. All covenants and agrtemen[s of Harrower shall be joint and several. <br />Tht captions and headings of the paragraphs of this Mortgage are for a nvenience only and are not to be tread to <br />interpret or define the provisions hereof. <br />l3. 1Voiice. Exttp[ for any notice required under applicable Isw to be given in another marnte, ta) any nutlet to <br />Burrower provided for in this- Mortgage shall be given by mailing such notice by cettified mail addressed to Borrower at <br />the Property Address or set such other address as Borrower may designate by notice to Lender as provided herein, and <br />{h) an}^ nn[ice to Lender shall be givers by certiSed snail, return rtccipt regtnsted. to Lender's address stated herein or to <br />sttchvthtr address as Linde; may dt,igna[e b}° ntstieF: to Barrawtr as provided httcin. Anv nattce prt,vidtd for in thin <br />1v$ortgFtge shall hx dxemed to hav:. t+rn given to Harrower or Lender when given in the manner dtsigtrstzci herein. <br />l~. Linltorat 4#or{gagt; Coveralag L,awt Stverab~ty. This fortn of martgagt caml,irtts uniform covenants far ttsti>-snal <br />oar, any non-:3nifornt -avenan€s w^ith limned varia:i;sna h}' itlrisdictian to _an~titt,t€ a ur,:rA~,,, 4r-_ ~rtty in3tr=_?==?~r?t ia•:tri:rg <br />t;.•at pr`s'~r~ty. ;7 rs 4t :`team stall bC gr-rvtrnr€t hti~ the law tsf [itt una~tistic5n in which the Irrop~*iv is 3~3te~l, (n t?~ <br />a...e~rt .~_, ~ za -..T - .,_ ~, , . - 5 - - --- <br />...~. .~. ::- E,r. .~ .. .. .. ......... ~.. I..^.rS ..,....~~E.: ... ,.,~ ,.,:I.°, r.%ni i~tr "w iir~ y4 tri aiFi2 p.r ~ukli k r5.r F54i xitRt`{ n4>1 0RC42 <br />(ithtr Pis+`. 1••IS~1'r+ aYf Il,.s 1lf urt$a~e Ur the l`1ale M'irlCh l'an t}e yt wCn tflt(:t withau€ [ht CantliL'[1rtf2 nff2S'I!lilaii and to thin <br />cttu~ it3e pr t;eisn5ns n t~~ tfzrR?t~ and iht Nc,[t arm c#e~lared a~ oe severable. --- ---- --------_P `-- -- -"_ . __ ~_ ~-, <br />.. .. e _ - _ . ~_ - .. _ <br />ra, r~urrcwrrx s_trp*, t3ar ~awtr vn=€r r*e (urnsStlt[t a ct+ntatm~ copy of €ht ~T,si? and c+i then ~!i.:.gage at the €i:~ <br />of exccutian or afrer rc.ardati~at hereof <br />1?. 't"raae~er of t~ if'reQaerts: Arsampli€sn. it ail or any part of the Property ar an rn[arest thenrin is Bald or [ratssftrred <br />bw Borrower wuhc~ut l.r+teltr's pru,r ,s;.:utn .vnacrtt, excluding ta) [fix creation of a lien ;,: en-.umbranca sulrordinutt t:, <br />this Mortgage, Ibl the _xestion 5+f a purr:hase mc?ncy security rnterest for household appliances, €c) a transfer by devise, <br />descent or by operation ~f la.s rrlx,n the death of a iornt tenant or Ida the grant of any leasti:Gsld inrerut ref thtet vrars+_v ass <br />not con[ainutg an optisxt t,+ put>:i,aac, i..endtr may. ai l.cndtr's option, du:lure all the sums secured by thee Mortgage, to Fe <br />imnxdiattly due ;end payee+te. l-etcdrr shall havt :.awed such .,spree+n to accelerate if, prior to the sak .+ t€;inafet. I.orxier <br />and dtta person to whanr [Ile Psapcrt} is to ere salt[ .?s tranxferrrd reaih agrternent in writing thaE the crett,t f Koch pcrsut <br />is satisfaeti+ry to i sander asd that the interest payahlc on the sums st: used by this Mortgage shall 6e at su.:t. rite ~. Ixtader <br />aitait request. If !.ender has watvrd rite upt;tsu to accelerate provided in this paragrapl± 1?, and if ~,.~owtr'..u_°eesuse,r in <br />ir'tieresi liras exccuts;d a wntttn asturnption agreement accepted in writing by (.ruder. Lender shall release Borxawr:r from aq <br />oirligations under this Mottgagt and (rte Natc <br />if I,cnder cxcrci~s xuelr : r:tevsa t<: a:4el;,ratr, I enders shall mail Iisrtrnw~e nafiE~ ~;f a.:ealeeatistn in itct'i+tttr.r with <br />paragraph i~# httruf. Such n;ttrct shall pruvedt a peeled of ;u+t leas than 3u days trtxtt the date tIx rt_.uica is ntattetl writtn <br />which Harrower may pay tee sums dta:iarad dire. !f Borrower iatla ra pay such -sums pesos to the expiraiiun of such ptnad, <br />Lender may, without tartlets notice ar ckmand an Barrrwtr, utvokt any rtntedies permitted by paragraph l3 herto#. <br />„~e~ -....~_...,-- _._, ~_.~,.-.~- ~•~;--~~= s~~ ~ ~-; zi;€.~° k~.e~.ara ar~° ngF~ .t,iK' <br />I3. acce,Lrrsa[i+stc; ~rvmedtrs. iratctpt as pr[sviaizd is paragraph t? 6ereoi, udtta ilorrew+rr'a br~h of »y aav:fit ter <br />t+grrearreaf set Borrower in thltr !1'lsrr$ase, i~ the s:aveaanea to pay whip due twy aaata ser;wtd br thla Moriglrrge, <br />Iartader prior t>a x}_._r.,.._ > malt aaNrt ttf grower ac gavsvittxdd is paraEr+t~k 11 her apecit}r: It} ~€ brearht <br />(s3 thx ~ rsrt;s~ed t$ sloe trwh brraeb; {33 a dolt, ~i lets shag :1B d~rya from ~t date aerie hr rnalkd ~ Borrower, <br />by whie6 each breath stmt bet cored; and 4A) thu tallare to ewe aaeA toreact+ oa tw before the due alect~ad is the aoNca <br />~t~y reaalt Ia ~~ rt# t~ sa;~ arrared 9y t#h r #$rcriaenrt By )adlcta! prctca~~ sad ~a set t#a ~y. <br />,~ aotieet allele #eather Dorm Sore, wee al !be rltht ~ reiarmaa roar acceterattoa and [he right to assert ~ Net forerkrrrret <br />proeerdlag the aoa~raiitteact of a de#aah or way otttter de#eatre of Borrower so aceetontkrrt wad #areeioenro, B the breach <br />1gt aof eared as or lecture the due apaci8ad is the atstke, ti,tadtr ai #madet'a opitian mar declare aA a( tlar teepee accused by <br />6BIa 1-lortgagt to bt lmaatdtLttely doe a~ payable without turi~tr demand wad easy tnreeimt by jatdicisl ~• [,ceder <br />bt ealkitd to toilttY is ttwc6 proceedhyt aB axptttaea et toretbwrt, ioche~ng, 6ai trot Wnked to, soda of dosamtatary <br />srtdeaEVe, rdNtlraC~ wad Nile <br />:°. Q..;a': ~'-o ~ Br„:~~ Id.^twnl:`tatxling Le,~r'° a ~leraiion he str.zis seettrcd by [his MocYga3e, <br />"nari't.F•'er shall have the ;g.`,t to have= any pry-~,':ttgs bun I+y I_rni~r to rotors-evthis ~rlvrtgage dis~ontintttd at any lime <br />