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<br />7..au . ~d~;'~P
<br />Leader`s written agrzemr,nt ox applicable law.. Borrower slxall pay the amount of alt mortgage insurance pn;miunts In tha:
<br />manner p:'ovidrd [order paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shad become additional
<br />indebtedness of Borrower secured 6y this Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amounts shxil be payablr upon notice from Lender to Borrower requesting payment thereof, and shall bear interest from the
<br />dale of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment 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 taw. Nothing contained in this paragraph 7 shalt require Lender to incur any expense or take
<br />any action hereon='Pr.
<br />8. Cnspeetion. 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 [he Property.
<br />4~ Condemnatlor.. '1`tte proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In the evert of a total 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. In the event of a partial taking of [he Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall 6e applied to the sums secured by this Mortgage such proportion of the proceeds
<br />as is equal to that proportion which the amount of rtes sums secured by this Mortgage immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Propert}• is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim far damages, Borrower fails to res}+~ nd to Lender within 36 days after the date such notice is
<br />mailed, Lender is authorized to collect and apply the proceeds. at Lender's option, eitl€er to res!_vrr,tion ar repair of the
<br />Property or to the sums secured by this t4tortgage.
<br />Unless Lender and Borrower 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 amount of
<br />uch installments.
<br />1Q. 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 Borrower shall not operate ro release. in a[r~' to=tenor,
<br />the liability of the original Borrower and Borrower's successors in interest. Lt:ndcr shat! not be required to cirtrmenLe
<br />pr.,,.,~..:,.~, against s,s. ~czs..r -- -- -- rare far gaycnt:ni ire oihcr~visr mc.a'iry amuniza[ion of tDe ~.;
<br />secured by this Mortgage Eby rcason~of rant' demandcmade by the original Boreawer and Borrower's successors in inr•:est~
<br />I1. Forbearance Dg' Ixnder Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder. or
<br />otherwise aporded h}' applicable law, shalt not he a waiver of ar preclude the exercise of any such right or remedy,
<br />'i7te procurcatet€s of insurance or th_ payment of taxes or other liens or charges by Lender shall not br a waiver of Lenc~r's
<br />right to acre}era#e the maturity of the indebtedness secured by this Mortgage.
<br />12. Remedies Ctnnulative. 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 equity, and may t?e exercised concurrently, independently ar sa:ccessively.
<br />F3. Saccessors and Assigns Bound; Jgint aid Several [.iaDillty; Captions. The covenants and agreements herein
<br />contained shah bind, and the rights Drreundrr shall inure to, the respective successors and assigns of Lender and Borrower.
<br />subject to the provisions of paragraph 17 hereof. AU covenants and agreements of Borrower shall 6c joint andxtveral.
<br />T-nc captions and headings of the paragraphs of this Mortgage are for convenicrkc only and are not to br used to
<br />interpret or define the provisions hereof.
<br />14. Natke. 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 shell be given by mailing such notice by certified mail addressed to Borrower at
<br />the. Property Address or at such other address as Borrower may designate by notice to Lender as provided herein, and
<br />(b1 env notice to Lender shah l±r giver. i:y certi?ed mail, return receipt requested, to I.cndei s address stated herein nr to
<br />att::l€ i-,. addr~ a -° -.., ° ~igr. tz by :~rticz to I'wrr~-?.:zr as pr. ~°i,it<zf herein. Any n~sti.°z y r~vi io. :E this
<br />Mungage£snal! be deemed to nave tscen given Eo Borrower or f,rndrr when g€vct€ in rtes manner designated herein.
<br />I5. Clni4otm 1lfiortgage; Governing Cstw; Sevrtnbll[fy. This faun of mnrtRage combines uniform :avenants far national
<br />ttst anvil nc=:t-ut5ifvrri ~,s.-zflant~ kith limited rariatiUnS 13r jurisdicrirr, tr c, nxtrttitz a unifariri se~~€trty inx€rtl€~ni ec.vrriug
<br />rxtsl n_~rrrv "This T4Tnrtun~g ~h~t! by ~ _. sva~ S3v rtw, tom- :_~ t~ ._.•;~di~.'.-`Et i "'i:i;'ti es_v it~',~.~::tu €~ ~a~i t~ zF.g
<br />event that any ;„av€s,c•n err ~,ause of tn,s Asoitgagr or rtes Note cnni=?icis with applicable law, such ttrnfiict shah noiiaffce'C
<br />~- ° _. - ~,_ `- .- ° ;;,age ~ _ c~ic ion€cn e:a:t ~ gtvtsn cried witnec€[ tDe contiiciing pTavismn, arxi [fl i `is
<br />i6, borrosrrr's~Copy~ Bormwes shall br•furmsheci+a conformed copy of the Note and of this Mortgage at the time
<br />of rxczvtlon or aster rz.tsrdati.n hrrroL
<br />[7. Truer of the Property-; Asantnption. If alt or any pan of the Property ar an internt therein is sold or transferred
<br />by Borrower without Lender's prior written consznt. rxcltrding tat the creation i)f a lien or rneumbrancr su[xsrdinate to
<br />this Mortggr. tb} tttr .'restion of :t purchast money security interest for hcntstho',d appliansti:s, le} a transfer by devise,
<br />dcst~rnt or by nlxratia+~ : f taw upon the death of a jn€nt tenant or fdt the grant of any Irasehold irtrrest of that years or kss
<br />t?at rantainmg an option to purchase, I.rndrr ma}'. at Lender's option, declare al! ;hr sums secured by #Dis Mortgage to br
<br />€tTitntJixtrh• d;;r and payablr. 1_cndrr shalt hour waived such opE€i?n to aci~rlrrate if, prior to rtes sale or tran3fcr, I.rndrr
<br />amt tlrc perzcrn io u;hont !hr Propztty is to sir}d or transferred reach agrermcut in writing that the credit of stta'~h pe5, n
<br />i. satisfa~tar? tc~ l.rndrr and that the interest pa}'atrir on rtes wets secured by this hfurti;agr steal} tr at such rite ax Letsdrr
<br />aha}t regtacxt if t tttder has waived the option to ;,cc:rlrrate provided €n this paragrapD 17, and if Norrcrwet's successor in
<br />interest has executed is ?anttan asuutrtption agrertncnt acrrptrd in writing by Lrn.kr, Lender shalt soloist i+,?rrowrr from all
<br />oh[sgi<t=ons +-€t;lsr !iris Al4rrtgagz and tt~ Note.
<br />!s Itetd?[ e. c.:.-~c s~e•h notion taz stictetate. ? ersJe: ,trait rear; Borrarvsec entire of a;;extera[icsn rn ~.;sr:laucr with
<br />pxicngraph €.a hereof. Such nosier xhal3 provide a gxricxt :sf ?x*: teas than 3f} da4s from the daft the ttoti~r >: t..ai;ad within
<br />yr-tit;h tinrr~c?wrr may pa}' the soma dtxfared dot. it liorrtswcr faits ro pav st€ch vttms prior to rite rxpiratica? =.t ;t€.'h peritxl,
<br />i.sndrr may, w€tl;~uit futttter €tuucc ur dztnand ire B:?rrowrr, invotr anY remedies permitted try paragrapD tg ;;.sec>f.
<br />lvs;,.t.LlNtl%c)ttt4t t"+?vFriANt3- Borrower 1ltd l~ndrr flittt~r ~nYtrl3rtt and syrre ~~ tc?ltowt'
<br />ie, :~~k~t: Rem Irai~rgt ~ pt'avided [s ptutgtra E7 hvraazf. uPoa Borrower's Drrarh of say ecvewattt or
<br />agraemcat aC >dsrrawet' Ira D#~rttia~e. ~ tDe tuvearaAs to pay +thea due any sttttasr vetartd by th6s tkinrtBsase,
<br />I[.aaalnr polar to ztt`alaratti~ sit ttotii'st t4 i~errowt!r as prtsrided is para~nph 14 harsrut ~~ (11 the DrpacD;
<br />(3) Wr actions rrgmNed da clue artsD lataxh; tJ} a data, oat brae tisaa :10 days from tDe date ettc ntukr 4 uta[Isd na tRorrnwer,
<br />fxp vfhlt@r wrrb besseD a?~t 6x eared; ate t41 tffiae fit to ~ s?arD DrearD as tv Datara tlx data ~ ~ tlt+E atttice
<br />scroll [tt ~ aS ~ sates ~etr~ by tDi'r = , PIaa:ttre Dy Jsulk~ ~ try ~' ibe Witty.
<br />77ta tsotirc sDab lartDer iafoasss Itorwwer ai the r*ht to mitrtah otitis sece}iaratiaa aid tDa right to assort is the forerluanro
<br />~ fire aum-eal~t:ars of p d¢{ytptt ~ taa}• afDer defs~t: of borrower to aea~cratiu» and tontcDwure. N tDa brsacD
<br />it? toot rtunr+d oft or DlHOrt /ba dNe ~ ht tht aotko, Loader rt Letder's opebn essay dreDtre all o! tDe satatt secured by
<br />t[sir lk~ae to 6e [®ra~ed3altEy trio €atrd pwyt vrltAtwt turtltrt denwttd attd star torecWae Dy Juditid proceedi~. leader
<br />s[}tnli Der ssttttiad to cattier la such -traceedluti ~ aaptasea o! i',oreclosare, lurlud~, Det Wort IDaNed to, cot#y of dorameatan
<br />evSdaaca. aDstracta aid title rematta,
<br />19. 1tl~rr~w:fr's ?~h~ to R~ Nc_xwit_t~t2nding Le±?der't aeceleratien cf [De stems ses:us±d by tDia l~iatrgage,
<br />Bortow-zr shall Dave tDt sigh[ to hour any prrxczdingx tregun b}° Lender to enforce this MartgaLte discvmimtrd at any time
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