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<br />Lender's writtrrre agreement or applicable law. Borrowtr shall pay the amount of all mortgage insurance pnemiums in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shalt become additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amounts shaii ix payable upcm nuiiCB fro Lrndcr Sa B.~rro:ver regulating ^ Ate! !htrcof. and shall hear interest fmm the
<br />date of disbursement at the rate payable from time to time on outstandingjprincipal under the Note unless payment of
<br />interest at such rate would be contrary to applicable taw, 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 />8. Fnspeclion. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that T..endtr shall give Borrowtr notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interest in lice Properly.
<br />9. C~mdrmnation. The proceeds of any award or claim far damages, direct or consequential. in connection with any
<br />condemnation ar other taking of the Property, or part thereof, ar for conveyance in lieu of condemnation, are herehy assigned
<br />and shall be paid to Lender.
<br />In the evrni of a tote[ taking of She Property. the proceeds shaii be applied to the sums secured by this Mortgage.
<br />with the exec<s. if any, paid to Borrower. In the event of a partial taking of the Property. unless Borro•,ver and Lender
<br />atlterwise agree in carting, then shall be applied to the sums secured by this Mortgage ;uch proportion of the proceeds
<br />as is equal to that proportion which She amount of the sums secured by this Mortgage immediately prior to the date of
<br />caking bears ro the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid 2n Borrower.
<br />If the Property is abandoned by Borrower, or if. after notice by Lender to Borrower that the condemnor offers to make
<br />an award ar settle a claim for damages, Borrower faits to respond to Lender within 30 days after the date such notice is
<br />mailed. Lender is authorized to called and apply the proceeds. at Lender's option, either to restoration or repair of the
<br />Property ar to the sums secured by this Mortgage.
<br />Unless t-ender and Borrowrr otherwise agree in writing, any such application of proceeds to principal shalt not extrnd
<br />ar p€-,stponz the due date .~f the manihly installments referred to in paragraphs 7 and ?hereof ar change ihz amo,;nt of
<br />such installments.
<br />10. Borrower Nct Released. Extension of the time far payment or modification of amortization of the sums secur~•d
<br />by this Mortgage granted by Lender to any successor in interest of Borrower shall not optratc to release, in any manner.
<br />the liability „f the original Borrower and Borrower's successors in interest Lender shall not be required to commence
<br />proceedings .,~ainst such successor or refuse to extend time far payment or otherwise modify amortization of the sums
<br />secured by tt,is Mortgage by reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />IL Fabearanre by lender Not a R'aiver. Any forl+earance by Lender in exercising any right or remedy hereunder, or
<br />otherwise atfordtd by applicable low, shall not be a waiver of or preclude the exercise of any such right or remedy.
<br />The pry i:rtrreni of it=.suranec or the payment of taxz:s or other liens or charges by Linder shat! not bt a waiver of I~endtr's
<br />right io accrlera:e the tnanrrit}• of the indeh:edness secured by this Mortgage.
<br />12. Remedies Cumulative. A)1 remedies provided in this Mortgage are distinct and cumulative to any other rightor
<br />remedy under this Mortgage or afforded by law ar equity, and may be exercised concurrently, indrpendently or successivriy.
<br />13. Successors and Assigns Bound: •loint and Several Liability; Captions. "Rte covenants and agreements heron
<br />contained shall hind, and the rights hereunder shall inure to, the respective successors and assigns of Lrnder and Borrower.
<br />subject to the prmisions of paragraph i7 htrcof. All covenants and agreements of Borrowrr shalt be joint and several.
<br />The captions and hradit:gs of the paragraphs of this Mortgage are far convenience only and are net to be used to
<br />interpret or define the provisions hereof.
<br />Id. Notice. Except for any notice required under applicable law to be given in another manner, (a) any notice to
<br />Borrowtr pravideci far in this A9urtgagr shell tx given by mailing such notice by certified mail addressed ti, Borrowrr at
<br />the Property Addrts or at such other address as Borrower may designate ny notice to Lender as provided herein, and
<br />ib) any notice io Lender ;hat! be given by certified mail, rttum receipt rtgttesttd. to i.endrr's address staled herein ar €a
<br />su•=h =?thtr address 3s Lender may dtstgnate nv nr.ticr to i?.,,iv»c+ ~.~ p.:.F;.;t~'`- „- .",^.. v~~R~ for in this
<br />Mortgage shall f~ decreed to Faye bran giv.r, to Borrower ar t.ender whin given in the manner dtsignattd htttin.
<br />f3. Uniform ATurtgage; Covrroing Law; Severabllity. This form of rnonguge camhinea uniform covenants far national
<br />t:~ anci non-unife=rr ~c14tr:artts with limited vstriattans by jurisdiction to consti!utr a unitartn srrurty instrumzn! sourcing
<br />trot property. Ttus Mortgage shat! ht governed by the law of the jurisdiction in which the Property is k,cattd. In the
<br />event th;ri any provisiau ar ~iause of chic Mortgage or the Note coniti::ts with xppticablr law, such eanPtct stroll eat aBecr
<br />cthrr ;,rovisons of t... .- ortga=u r, ...: *ate wt;ich can t+z given ztTrct without St:z eanfiictirg pravisian, and to this
<br />end ttr:• pe viiatt; of She A4arig age and~ihr Ncut are dtslare~i to he severabir.
<br />Ih, Ct;rrower's ropy, ticreawtr ;hall br furnished ;t roufarmtd copy of Sht Natt and of this Mi;rtgagt at the time
<br />of txeauUOn or after r~.ordafian htrcof.
<br />17. Transfer of the Proprrtr; Assumptlon. If all or any part of the Property or an interest [herein is sold ar transferred
<br />by Baerower without Lender's prior writttn causrnt, excluding cal the crratian of a lien ar rncumbrancr suM,rdi:tatr S€~
<br />this Mortpagr, (h) the creation of a purchase money security inieres[ far household appliances, ic) a transfer by drvisr,
<br />descent or by operestiot: of law upon the desah of a joint tenant ar (dt the grant of any leasehalci in!errst of three years or less
<br />not containing an option to purchase, 1_endtr may, «tt l.rndtr's option, declare all the cams secured by this Mongagr co ht
<br />immediately due and iia'rae`,iL. i.cnitCi ;Felt Favi: °.vaived ;ucF option to acceietare if, prier t€, the sate ar transfer, Lcnt',2r
<br />and the person to whom tFr Property is to Ix soul ,u [ransftrrcd reach agreement in writing that the recht of such person
<br />is satisfarluty to Ixnder and that the interest payable on the sums secured by This Martgagr shall br at such raft as Lender
<br />shall rtyuest. ;f Lender has waived the option to accrieratt provided in this p;aagraph 17, and if &~rrawer's xucttssar in
<br />inttrtst has executed a written assumption abn•erm€ant accepted in writing by ?.ender, Lender shall release Borrower Pram ail
<br />ckhgrtiaus :ruder chi, ".artgage attd the Note.
<br />of L° - -.srt'f~c."s +Cfi Yip: ~u~ dtiw, i.2ridci .hull mail n , ' wr~i naiirc "v 2i aiir.n ii1 „"'iaiiii wiiii
<br />paragraph ,1~ hereof. Such notice shall provide a period of eat ICS; than 30 da}'s from the date the notice is malted within
<br />+vhich Borrower may pay the sums dtrlared dot. If Burrower fails to pay such sums prier to the expirntian u[ such prriixi.
<br />I.rndtr may, without htrehte notice ur demand an Borrowrr, mvokr any rtmedits pttm,tted by paragraph 18 hertot,
<br />ntoM_It~,tvoe~ t:'^,~._..,...~. Ro,.,-n}. ~^,i,t .-~,.•d~~r fu,ihf..s .~..F,...,nzt -~ ~a t:,itow..
<br />t8. Art.'rirralioa: Remedies. Except as provided in paragraph I7 hereof, upon Borrower's breach of any covenant or
<br />agreement of Borrower In this Murigage, including the cotenants to pay whin due any sums secured by this Mortgage,
<br />lradrr prior to arrekratiun shall ma8 notice to t~orrower as provided ig paragraph fA hereof specifying: lt) for brracb:
<br />(2) for action requited to curt such breach; i3) a date, eat tee !ban 30 days featn the daft the rwNrr is mailed to Borrower,
<br />by wlrirh such irrtarh mus# be catedt and id) that fa)!urc to cure such breach on or before the date speciSed in the notke
<br />may rtaarlt in arcrleratian of the sumis secartd by this it4artggte, foreriasurc by Judicial promdir~ and sale of the Property.
<br />"~ t°.ctire sha'v Surtle2r la#oar.. Ilorrovrrr of the right to rr}a®iatr after arrrltrat}oa acrd the right to assrK in !hr torsslosurr
<br />proceeding the non-ssbtenre trf a default or nay other defr~r of Banwwer to arcrirrat~n acrd forecl~ure. If the breach
<br />is not cured on or brtare for daft sp:rified is the notke, Leodtr ai Lender's opiien may declare a8 of the sums secured by
<br />this Mortgage to be immediately due amt payable without further demand sad may foreclose by Judicial proceeding. Lender
<br />shell hr entitled to collect in curb proceeding all expenses of foreclosure, including, but not linrlted to, casts of documentary
<br />rvitenrr, a0~traris and iiAr relnr~s.
<br />14. Barrower'a Right M Aelr~ate. Notwithstanding Lrndrr's accrirraiion of the sums secured by this Mortgage,
<br />Borrower shall have the right to have any proceodings begun 6y Lender to enforce this Mortgage discontinued at any time
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