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~~ <br />t <br />t'Tt <br />i~ <br />Lender's written agreement or applicable law. Borrower shalt pay the amount of all mortgage insurance premiums in the <br />manner provided under paragraph 2 hereof. <br />Any amounts disbursed by Lender pursuant to this paragraph 1, with interest thereon, shall become additional <br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of pa}mrnt, such <br />amounts shall be payable open notice from Lender to Barrawer requesting payment thereof, and shaft bear interest from the <br />date 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, fn 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 eo incur any expense or take <br />a~* action hereunder. <br />8. Iaspeceion. Lender may make or cause to be made reasonable entries upon and inspectians of the Property, provided <br />that Lender shall give Borrower native prior io any such inspection specifying reasonable cause therefor related to Lender's <br />interest in the Property. <br />4- Contletnttat#es. T:te pracieds of any award or claim for damages. direct ar cansequen`iai, in ct~nnection with any <br />condemnation or ocher taking of the Property, or part thereaf, or for conveyance in lieu of condemnation, are hereby assigned <br />and shall be paid to Lender. <br />In the event of a total taking at 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 the Property, unless Borrower and Lender <br />otherwise agree in w"riling, there shall be applied to the sums secured by this Mortgage such propartion of the proceeds <br />as is equal to that pmportian which the amount of the sums secured by this Aiartgage immediately prior to the date of <br />takirtg beats to the fair ma_*ket value of the Propcrfy immediately prior to the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />If the ProperR' is atsandoned by Borrower, or if. after native by Lender to Bamswer that the rnndemnor offers to make <br />an award or settle a claim for damages, Borrower fails to respond to Lender within i0 da}^s after the date such notice is <br />tttaikd. Lender is authorized to cailect and appt}• the pra~eeds. at Lender's option, eitF.er to restoration or repair of the <br />PrapGrt}" OF 20 the Sttrri5 5ECUred by thss Aiortgage. <br />iTttless Corselet and Borrower athetwise agree in writing. am• such appiicatian of proceeds to principal shall not extrnd <br />or pastpotte the due date of the monthly instaltmrnts referred to in paragraphs ]and 2 htrcaf or change the amount of <br />such installments. <br />1®- Eorrower Nat Rekasni, Extrnsiar. oa the Same far payment or madificatian of amorti~[ion of the sums secured <br />by this Martgage granted by Lender is any strctitxsor in interest of Barrawer shall oat operate to release. in any mantxr, <br />the r;al.n;w. nr ~ .~.~,n:ant ]t.~,,,~ ~a n„^~,,.,,. s. z. <br />.-._ ....$.,.,.. ....,..,--~., ~,.., ,,..n.~.-z, ~ ~~~t n~ ,., nnc,or. L'cr,a c, Si'ail zit cc ~oyui~cu t'v win~ncc t <br />pt•ttcYOdiogs against such successor ar rcfvse m extend time for payment or othenvise~modify amottizatian of the sums <br />stzurtd by this Mortgage by ttascut of any demand madr by the ori¢inal Borrower and Barrawer's successars in imerest. <br />12. Fa~aaratere try Costley tat a R'ttiser. .tray far{srarans by Lender in exr^dsing am• right ar rctttedy hereunder, or <br />atherwise afforded by applicable law', shall nat tae a waiver o` or preclude the exercise of an}• such right or remedy. <br />The pris^urtYne:st of ittsurattce or the payment of taxes ar arbor liens ar charges by Lender shall not be a waiver of Lend.-r's <br />rigist to acslGrate the maturity of the indebtedtess sn-ured be this Mortgage. <br />12. Acfe~ex CraiafIve. AI! remedies provided in zhis Martgage are distinct and cumulative to any arbor right or <br />r'emedy' tmdti the Mm•tgage or n$arded by law 4v equit}•. and tray ht exercised concurrently, independently or succest'svety. <br />2A Stseeeeoss ad ~ Both Iait awl Several i.iah~ty; Capdows. Thy covenants and agreements tsetein <br />a~atained shall bind, and the rights hetYUttdes shall inure to, the iespectisY staccessors and assigtLS of Lender and Borrowu, <br />adsject to the {unvisians of paragraph l? lxreof- AI! caverans and agreements of BonowYr shall be joint and scvrral. <br />The and headings ~ the paragraphs of rhrs Mortgage arc far canvrnietsce only and ate not za he used to <br />initvprtet or define the provisions hetYOt. <br />!L Notice. Ezespt for any tsotite rcgztirtd under applicable law to be given in another manner, tat any netts to <br />Bomt,rngr provided far i:t Zhh Mongttge shag be grows b} malting such notice b}' certiftrd mail addressed to Harrower at <br />ter Pmpesry Addtrn ar at such other address as Barmwer may designazc by testis m Lender as pravided herein, and <br />fts) say notitt to Lender shall be given h+} srtiftied mail_ mum receipt regtresicd. to Lrndrt's address stated herein ar to <br />such wiser athlreas as Leader may designate by rxdice za Borrtwer as pt+evided herein. Aay rsaxi<e provided for in this <br />A(artgage sLa#l be de~xd to hasY btxn gnrn to $arrowu ar Lender when gig in the manner du'sgnated herein. <br />15. [?atEst>• tlfar Ga+ Lawr; Serc:a6lSts_ This farm ai mo~ragr cazttl~txs uriforzt• cas~nantt for national <br />me sad ttm-unifoatn ttsvenants with limited variatians by jurisdiction ze constitute a uniform secunty insc*trment covering <br />rest pa>:vpem'. This MMStgaae atoll be governed by the law o; the jutisdi:tirns in vehi~t tht Fraprrts is lacated. In the <br />event that arty pmvrsion m clause of this Mortgage ar thr No;t canfiicts with applicable lac". such ccutllict shall not affect <br />~ ptnvisiaas of this Mortgage ar the Nutt wizich can be given effect withaut the .-aafiicting provision, and to this <br />Gad the arari^.ions of the Mtu•igagG and the Nate alt decia2d to ~ .w <br />K. Borssa~s t:.opg. Borrower shall be firrn~shed a cc nfo:tisrd cam of the Note and of this Mortgage :t the titrse <br />of t=arrtian or after z~tudatjan hez~r:~f. <br />t7- 'Fraesfer ~ the tts~erty; Asta Ii all ar any part of the Ftapertc ar an inttttst lltettin is sold or transferred <br />by Bart^owrs v~"itAout Isnds's pti;tr wr`tzen canxnt. Gxdttdimg {at thr cmticmt of a fire ar tutcumbrassce subordinate to <br />this Mongagr, fill the ~eatituS of a purchase muter s~uritt interest for tnusehoid appliances. {e) a transfer by devise, <br />dmoeat or by o)set•atiat of law upmt tit death of a jaint tenans ar id> the grant aS any leasehold interest of theree }^ears or less <br />nett ~irsg an aptim to ptstchase, Ltasd~ may. sz Lender's. apt:ast, dalsne all the stain soured by this Mortgage to be <br />tLtr a»d payable. Lender shag tour waived wcls ~tsan ra attxkratt if. prior to the sale or transfer, Lender <br />and the prnm io wnam the Proprxt}° is to be rdd cuu transferred reads agtument in w:itittg that the credit of such person <br />a aatesfacscan' to i_eatder and trot the interest payable an Sat[ sutra secured by this Martgage shall be at srt<~ tart as Lendt:r <br />~.l If Leader Las waic~d ~ opxices to a.ratG praridea in this paragnpit ;7, amt :f Barrower's s•,ucessor in <br />it~t Las eacetued a writaea aasastnp ~aea agreetaast aaxptal in writing t»• Lender. Lender sha71 rcirasr Harrower from all <br />trodrr this aiangatge card the Nae. <br />If Ldtdrr eztreera sucL aption is acreirratc: LYndGr shall moil Barrawer native of acslrration in aceorclsnce with <br />parayatpFs la hereof. JUOL iMiti'Y sisall ptavide a persad of nest less Share }6 days from the date the itatiCC ii mailed within <br />svttieL 8~erarewtaz t~~ pay 2Le slams d>Yiarrd d;x_ if Earraurr fails to pay itu,:h struts prior xo the expiratian of stub periad, <br />Leasd~ , aim ft tmtttz or d~ nn Bortw•~, :nvakc any remedies pernsitted by paragraph f B hereof. <br />Nsxc-Uutr~rtEta Czavrrt~tawss. BarravsGr and Leader futtbrr ceataaat and agree as €ai)rnrs: <br />l! A~iattK iRs~ ~ r tier prsEra/h 27 -~taf. sapew Botwwt~s hreaHs of amy covasad or <br />tt~tata~ttrt of B ie lit : fta tfia ta+t m AaY !vlsr t doe ~v ~t+ss xss~ Fay ~s ~, <br />iwi~iv !ir b sit s1 ^sYra sa io<rosv a ptroviided ~ psea~ap6 14 lereaf ~YyK: {!) tLe : <br />~ ter saltier ~ ea ssae s~ ietaeh: t3) : d~ test bras ties 3i +6q•a frame toe daae fhs radee i ®teBed ro Borrower, <br />i9 ssiiti- s~eeh iwcl ~ 14 case# ad t+i} tlas ihtii&ee es ~ sari ieear} ~ ~ 6eton the daft is tie aotire <br />~ sasatlt tr aaraitesatls~ ai tie soccer atoned by this ttseriawue by jsti;clai preeaedlatg a>dl sale of tie Peo?erty. <br />The. taMMe tdei iltrBan• Irslas ltaeswtrQ d tie t~ ea tsirtaNe ~ arctislatriea grad the riRlr m aasest ®Hte fganriaorc <br />~esetm~ ~ sow wt a itefatit w say effier defsaae ~ Borrssrer ~ aoa assd farrxisssre. H t1e breae6 <br />i aM ~rrd rte ar'ataarae i$ss rite is t~ > irri~ ~ ir. o*tiea ~ dtriasr a6 of lie rtt®s secvrvd fly <br />ere b lye iwe tas+i pat/aiie w ltRther detsael trod opts foretisse by ) P ~+ <br />aApt3l ie t>aefiet sea naiisd r ~ gnree~ilr; aQ etctemes of fwrdeasce, Lot not tirarhed tn, Goats o[ wry <br />rsli3eaee, airhads ai tfge - <br />19i. )ee=srree'tr 18fiR1t m Nondiag Lender's acceieratioe of the sums cured by this Mortgage. <br />Bo:rtosrer aLall haze tLe ti$Lt to have arty proceedings beg® by Lender to enfarce this Mortgage discontinued at any Time <br />