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<br />Lender's wrotten agreement ar applicable taw. Harrower shall pay the amount of al} mortgage insurance piremiums in the
<br />manner pr'owided under paragraph 2 hereof.
<br />Any amounts disbuesed by Lender pursuant to this paragraph ',, with interest thereon, shall become additianal
<br />indrh?iciness of Borrower secured by this Mortgage. Unless Borower and Lender agree to other Lerms of payment, such
<br />amoteMs shall br payable upon notice from Lender to Borrower requesting payment thereof, and shall liar interest from the
<br />date of disbursement at the rate payable from time to time on outstanding principal under the Note unless pa}mtent of
<br />interest at such rate would be contrary to applicable law, in which 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 />d, faspec.an. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that Lender shall give Borrower notice prior to any such inspection specifying 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 consequential, in connection with any
<br />candomnatian or ather taking of the Property, ar part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall he paid to Lender.
<br />In the event of a mtal taking of the Property. the proceeds shall be applied to the sums secured by this Mortgage.
<br />with the cYCess, if any, paid to Borrower. In the event of a partial taking of the Property, unless torrower and Lender
<br />otherwise agree Sn writing, there shall be applied to the sums secured by this Mortgage such praportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately priar to the date of taking, with the balance of the proceeds
<br />paid tr, Bermsawe..
<br />If the Froperty is abandoned by Borrower, ar if, after naticr by Lender to Borrower that the condemnor afters to make
<br />an award or set@. a claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed, Lender is authorized to coacct and apply the proceeds. at Lender's option, either to restoration or repair of the
<br />Property or ro the sums secured by this Mortgage.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />ar pastpone the duo date of [hi monthly installments referred to in paragraphs 1 and 2 hereof ar charge the amount of
<br />such installments.
<br />f0. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Mortgage granted t-y Lender to any successor in interest of Bottowrr shall not operate to release. in atm~ manner.
<br />the liability of the original Aorrower and Borrower's successors in interest. Lender shall not he required to c:tn[mrnce
<br />proceedings against such successor or refuse to extend time far payment or otherwise modify amortization of ehr sums
<br />secured by ibis Mortgage by reason of any demand made by the original Borrower and Aorrower's successors in in~'=-~~ci.
<br />I i. Forbearance try Ltndes Not a Waiver. Any forbearance by Tender in exercising an} right or ttmedy hereundrt. ar
<br />otherwise ;'larded by zpplicable law, shat; not be a waiver of or preclude the exercise of any such right ar remedy.
<br />The procu-~ lent . f i+~surancr v-r the payment of fuse, or other liens or charges by Lender shall not be a waiver of Lendez s
<br />righe to acc_leratr the maturity of the indebtedness secured by this Mortgage.
<br />I2. Remedies Camolativt. A!1 remedies provided in this Mortgage are distinct and cumulative to say other right or
<br />rmrd under this Mortgage or afforded by taw or equity, and may he exercised concurrently, independently or succrssivriy.
<br />13. Saccessttra and Asaigrts Bound; Joint and Several T.iability; Capdotas. The covenants and agreements henein
<br />cantaim!d shall hind, and the rights hereunder shall inure to. the resozctive successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph 17 hereof. All covrnanu and agreements of Borrower shall be joint and several.
<br />The cagtians and headings of the paragraphs of this Mortgage are far convenience only and are not to 6r used to
<br />interpret or definr the provisions herraf.
<br />14. Notice. Except for any notice required under applicable law to be given in another manner. (a! any notice to
<br />Barra?wrr pravidrd far it this Mortgage shall t±e given 6y mailsng such naticr by crniftrd mail addreasrd tc Bs±rrawcr a±
<br />the Property Address or st such athrr address as Born~tvrr may drsignatt by naticr to Lender as preavtdtd herein, and
<br />(.h1 any na?ice to Lender shall be kivrn by certit>td mail, return receipt requested. to I-endti s address stated herein or to
<br />such other addt+css us Lrndtr may designate by notice to Borrower as provided herein. Any notice ptnvidrd far in this
<br />Morrgagr shall ix deemed to have been given to Harrower or [.ender when given in the manner aesignated herein.
<br />fS. t?zttfoestr "r9rrrtgagr, Gcvzraing Law; SererabBlty. This form of mortgage combirxs uniform cavtnanss fur national
<br />F;~,. ° .., .:-,._ .-.- ~ _ .:. a.;._ -;.h ...teed .ire be ttrtSd f° - t ono ,iti« ':if3r"' - HRtreE[r[Cr:! ir'G~~rS.w
<br />rmalR a ,`~ ss.+.~z-a ~~ ~ t~,3+ a kYr .~.~;<: fa + ;{ ,eJ :. tit » '.t.}fs the ~~~[i i.. Ire
<br />nrd _ hr taw the ~urisdic?:~ in white Preg~*'t,• io~a,~f. t
<br />torn[ [nut anv orol!igli[n er l_'iattgt 4[ ?big 24iOr[ffa~C nr tilt t`+ate Can[`IiC is with appilcahtr laasr, gtaCh tnn~iCY xh$Ii ni'n' afirci
<br />netRr ._... _ ,t h~. 3~ _ = t, lV nt h' .h a~ ere. ~ rM~.t eM inn,^eing ~mvisi[sn_ nit u~ the
<br />tad the tarovisixsns of the Mortgage and rite htulr are dtclurtd l., t,e srvtrablt.
<br />:~. Botzrs~sr's f°~.y. Borrower shalt be furnished a caafarmtd copy of eft,: Note and rat this Morgage at the firs:;
<br />of execution ar after rccerdatian htrtof.
<br />i7. Twasirr of the Properly; Aatarnption. if till or any part of the Praptrry ar an interese therein is said or transferred
<br />by Bo;nrwtr without l..rndrr's prior wriuert cvrsent, zxcludtng fat the crcatiau of a fire or encuntbrame subordinate to
<br />then Mottgsgt, ter) the crtatian ;,f a purchase money security interrat fur haugrhald appliances. (c) a trans€er 6y devise,
<br />draerat or fiy ol~ra?tt.;: sa [.xt: upon the atratlt of a ;tint tenant or tdi the grant tsf ;ins l:~settold interrat txf three years or
<br />not containing tilt opti:en to purchase, Lrndrr may. ai l.endrr's i+ption, declare oil the sums secured t+y this hlartgagr ro be
<br />immediately due and payable, t.endrr shalt have waived sui•h option x, acreierate if, priar to the sak or rcanaftr, I.emkr
<br />and the person to wham the Property is to be sold ar transferred reach agreement in writing that tttt credit of su.:h prr3E,re
<br />is aatisfaci•~ ry ter I,cnder acrd that the intrre~ar payable on she sums xtearrd by Ibis Martgagr shall be at stkh nta as Lender
<br />r:ha;E rrqu:;t. if l ~-^,z?; l:as wi;-~:rar sh; ;:ixio,^, tt::;..rler..tr provi<!.-d in this [~rayrx~; !? ;;1 :t u„rsnwar's oL_s;x
<br />interest has rxes:utrd x wnttsu assutaptton agrrrmrtet accepted in writing by 1_rndrr. Lender shall rrfeasr Borrownt from all
<br />ohligationt uttdrr this Rtt:rtgagr and the Ntue.
<br />If i.rndrr exercise= Stich option to arcrlrran-, i.etrdrr . ;all mail Brurawer ngtier of acceiaratinu s:r accordarrcr with
<br />paragraph l~t hrrraf, Suci: actece shall arovidr a periutl of no+ lrza !ban 34 days from the date the na€ic-, E. ?[taiird wifhut
<br />which Borrower may pay the sums dtciared der. 13 BorrawLr tails to pay sects sums prier so the cYpirat.,+ts „` ssxh prr[txt,
<br />L.rndrr may, without further notice ar demand on t3orrowrr, invai.r any rrmrd?ra prrnt:t!ad by paragraph tg `aerra,f.
<br />tti,[:~-rt[r[;iE st =:'iia<<.A~-.3 isr,r,~:~~ snit t.eniter iurri-~zr crrsen~,nt auci ~.gt,~ ~ f=3li.`svs'
<br />td, sr•e~,..too; g ~_.~~;.~~^~e r.+ ~ ~"=v +.n ; aer~h ! 7 ~=sstt. n srtr'3 ~~eh +t[ try sovt't}t~~ w_.
<br />s~re¢asant of Harrower to th1,t Mortgagee, Inritrdiux the rrsettaaftat to ~y whoa due say tatara aectrrert by this Mort~c,
<br />[.cedar pry to a~tat&so t no[iEt to Harrower ~ proved is paradraph id hareeC aptrtfyi~t tiI Tr~'hs
<br />{~} ~ d ka rare aamh br*achr f~'r a dtttte. alai ktarc ihaa :~ dugs team Use data tip wottre bt m~iad to isarrawtr.
<br />by whle- each brasrh maul be carat; sad f4} that faBare to cure such breach oa or betora tba data aperiBed ie ilre eotke
<br />~+riy reach tit atcaderr~on of tt[rt taxis aecared by this ft3oe, forertaaare by ptdiclat proraatBa~ sad aa~ wT tht f'r~trty.
<br />'t'he t trha8 fmt3tsa' ipfsma l~rrnwe; al 49~ right to relaetaltt alter atcekrKt[aa asst six rfq;ht to aesart iR the foreetaaara
<br />~ the ttnn-axit4e~a ai m deltttalt ox nay af6er defrmar of 8orrowar to eccaiarattna and [orecbssre. B the lttrath
<br />b pat cnr+t9 00 os befotr the data Sped to /he ttottca, Leader d L,ender's ogittra easy declare tdl txf the tw~6 sacsared by
<br />this Moat}tage to tit taa±r!~irttety drat atN# prtyalda wtthtrar farther detaand sad tiny farecioae by jadtriat prxrceedieg. bander
<br />~ en~dad to eaLk~tt !n teach ~ aH exge~ tilt foreelasare, Tnclttdlpg. bat not ltaaked to, raette of dora~tntary
<br />avtd€srtP, abstracx sad eiNa repast,.
<br />t9. isorrawet=a IcfB6i is i'eaittat~e. Noewithsianding Lender's acetierarion of lire sums secured by this iriortgage,
<br />Avrrowrr slaail have fist tight to ;aa• a any prctc:aedings begun by T.rnder to enforce this Mortgage discon!inued a[ any rime
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