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<br />79-. f)C168ffi;t~ <br />Leaders written agreement or applicable taw. Borrower shall pay the amount of all mortgage insurance premiums in the <br />manner provided under paragraph 2 hereof. <br />Aay amounts disbursed by Lender pursuant to this paragraph 7, with intemst thereon, shall become additional <br />indcbtedttess of Borrower secured by this Martgage. Unless Harrower and Lender agree to other terms of payment, such <br />atrtounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and shat! bear interest from the <br />dart of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment of <br />interest at such iat£ would be contrary to applicable taw, ir, which evrrt such amounts sha31 bear interest at the highest rate <br />permissible tmtier applicable Saw. Nothing contained in tF.ic paragraph 7 shall require Lender to incur any expense or take <br />any action hetett»der. <br />8. Iaspectlon. Lender may make or cause to be made reasanahle enttits odor, and inspections of the Property. provided <br />*_hat Lrtrdtr shaft give Batrawer notice Brier to any such inspection sptcifi-ing rrasanable caus€ therefor related to Lender's <br />intetes; in thr Property. <br />4. Coademmtdon. The proceeds of any award or claim far damages. direct ar rnnscqucntial, in conneotion with any <br />condemnation ar other taking of the Property, or part therrnf, or for conveyance in lieu of condemnation, are hereby assigned <br />and shalt br paid to Leader, <br />Ice the event of a total taking of the Property. the proceeds shalt be applied to the sums secured by this Mortgage. <br />with iht exams, if any. paid to Hormwer. In the event of a partial taking of the Pmptrt~'. unless Borrower and Lender <br />attreraise agier in ari[ing, there shall be applied to the sums secured M• this Mortgage such proportion of the proceeds <br />as is equal to that prepat'tian which the amount of the sums secured h}' this Mortgage immtdiatel}~ prier to [he date of <br />taking bears to the fair market value of the Pmpert}' imtttediattly prier to the date of taking. with the balance of the proceeds <br />paid to Borrower. <br />If ilrt Pmpttt}' is abandoned be Borrower, ar if. after naticY by t.rnder to Borrower that the mndemnor offers to make <br />an award or settle a claim for damages, Berrcwer fails ;o respond to Lendrr within 30 da}s after the date such notice is <br />mailed, L.ertder is authorized to rnBat ant! apply the pmceeds, at Lender's option, Tither to restoration ar repair of the <br />Prxapetxy or m the sums sa-trted h}• this M~rtgage- <br />Unless Leader sad ilarmw•er aihtnvisc agree in a7iting, and such appiicatien of prt~^eeds io principal shalt not ezttttd <br />er p[tstpone the t1tG daft of iht monthly itsstaTimens referred m in paragraphs ]and 2 hereof or change [he amount of <br />noels instaIlmtnts_ <br />1tk Daso~ter Not Aeiltased. Extansian of the time far pa}'meat or madificattt~n of amortization of the sums secured <br />bV the Martgage grartted by Sander to any succtsw'+r in interest of Harrower strait nni operate to reirast, in any manner, <br />ti+e liatailiiv of the original 1arrower and Bormwcr's sucti^essors :n interns,. Lender shall oat tx •equireai to commetur <br />Ixaceodittgs against such srrocessor ar refiisc to cctend tittx far pa}'ment'or otherwise modif}• an,artization af' the sums <br />xaw^td by this Mongage be ttason of any titarand made b} the original Barmwer and Barrow•er's xua~esson in intctGt. <br />ll. FaaiRaraee iy Y.eeder Not a Wsim. Are' farixarance by Linder in exercising any right or remedy hereunder. or <br />arScrctisr afforded by applicable law, shall trot br a wai~.xr of ar preclt~e the ecercise of ant such tight or remedy. <br />lire ptzxgrrttttatx of insurance or tlit payttxni of taxes nr other liens or charges by Lendrr shall not M a waivts of i~nder's <br />right to atx:derate the i~ttrrity of lire irtdebtettness saS^.uned by this Mortgage. <br />I. D.e~r~as All remedies pmvided in this Martgage ate distiller and cumulative to any other right or <br />rratedg under this Mortgage or affottled Lsy law or tquit7, and na}• be exercised cencurrentty, independcntty ar suecessively. <br />13. Sa[re~ aatd Aastgas Dosed; So®t aed 5eaYral I..iaM'Bts; CatpHoas. 'Rte rnvrnaats and agreetrterts herein <br />txsaraint7d shall bind, and Ltre reghts hertunde,- shall inure to, rite respective successors attd assigns of Lender anal Barrow•er, <br />subjeG to the }uovisons of paragraph 17 lter`af. Ail covenants and agreements of Borrower shall be joint and several. <br />7be rapairtats sad headings be ills paragraphs of this Martgage are far canvenierrce onl}• and are net m be trstd to <br />ittterorC to de~ite the pravisioos heneof. <br />11. Naliee. Except for airy tt~ice requited under applicable law to ire given in another manner. tai any rmtitt to <br />Dorrawer pivvided for is this Martgage shall Lte given b}• mailing such entice by ccrtifttd malt addressed to Bartawer at <br />tiro Pr~ttrty Address ar at such other address as Bcxnawxr may tlrsignntt lay natict to l.rnder as pmv~ded herein, and <br />1'b) nay sutler to Cradle shad ix given by crrtifrd mail mum meld[ requested, to Lenders address stated brain or to <br />sttt~ trilxr addtras as l.cttdrs mac do igaate b}• rnstict ±a Borrtwer as provided heroin. Aac notice provided tar in thix <br />Mt rtgrgr shall be darned to bane been giant to Borrower ar Leader whin >RVtn in rite manner designated herein. <br />13. Ur7a~ 1Nat~r; I.a+r; Seveaaii"it}'. Tftis farm of martgttge camLeaes uniform ces•t=*ants for rAtioaal <br />ust sad ncm-uaif.•+rm .^j+~+=^ts w°itla limited variations by jurisdt:tian xa coastiiute a uniform purity ittstrutnrat rnx+ering <br />Toni property. This Mtvtgage sfia.9 Ile goarrned by Tier law of the jurisdiction in whxlt the Proprrt}• is located. In the <br />cveat Shat nay ptvviaiart or clause of This Martgage ~ the Nate cattfticu with applicable law, such conflict shall trot affect <br />other prcvisioas of this Mortgage tat tilt Nate w$tit~It tan he given effect withaui the roaftictit~ pmvisian, and to this <br />errd the provisii+ns of lire hltagr and tits lsitsic arc dtxlarexl za Lsc atvaai~r- <br />K Dreswer`s 1kFs. Bornawer shall ie furnished a cartfc+rrnrd copy of the tiott and or ibis Mortgage at the tirru <br />od tsutaioti ~ afxr rocmdaiaes Itcrmf, <br />i7- 'ttaaaEv sd tic T3aFesty; A~ytiea. Lf all ar nay part of the Ptopem' ar an irtttrs3t tltt:eia is said or transferred <br />l+y Dctrraaer without i.eader`s ptiw ozinea a.Xaascnt. excluding cal the crtatsoa of a lien ar encumbrance subordinate to <br />Hats Moatg~, tbl the tantioa ce€ a purhasr iflaae\• securin~ inttmt far }tauscha'±ld applirux:es, (t:l a transfer by devise, <br />tleamet ar by a{teratican of law upm the death trf a joim iertaar or tdt rise grant of any leaaehaid inttresi of three years or less <br />not t ae c+{+>zat ;o purchaat, leader may, at Lender's aptian. declare at', the sums secured by this Mortgagt to 6t <br />imtrrmdiatrd!i rl"s and pa}~ic. Ltmder shall have waived sucLt option [a accelerate if. prier to the sale or trandtr, Ltttder <br />earl 33ie per's to o-'$~ the Property h xa be sa#3 ar ttaasfezted reach agi-reattnt in writing that tlx crrdii of su,:h prtsaai <br />is aatiafacaarv v> l.eodet sod riot the nortrest payable as lire sums stxured bt' this Ai msxge shall ix at sack raxe as Lrttder <br />shall rerQtata. If Linder l.o araitred t~ aptian tai aazderte provided in this paragraph i7, sad if Bo:'tmetr's successor in <br />i~aete~ iu ~..e..t a +ti~ ~staptisffi egret a~eptrd is writing by Leader. Lersder shalt release Borrower from ail <br />oi6ptiaan i7adlr lira Mott;t~e aed Lhc Aioet <br />If leader er.cca% etch op+tioat m s~aalesate, Lendee shat! utaH Sarrower naritt trf acotlcation is accotdeaec with <br />parrryrtpis i+t itueaf- t shall }arx+vide s peru+d of lint less thin .x4 da}s from rite date the notice is mat7~ within <br />tviit:it Dottavwc may pay rite Batts declared .. if Bottxawer fails to pay such sums pricer to the expitatioa of such period, <br />I.®dea say, trititrsast ftrrthu eotioe ar demand on Btarraww, invoke an} rrtacdies pa'tnined by paragraph t $ hereof. <br />Ntsst~*~~.at C~'~*ia~t? $eno4ra €ad i.r-ndtr furtt~ :~ttvtnaaa and agree as felkrset•: <br />It Acoaialira, Daaaeatier. FseeRt as I.ersitlei is ! 17 ie-eat. apw lorroarer's iaeari of nay cercaaf « <br />>li ~ 'si Atls lam. itta ~r~asrfi is ~3 sv$te tiro ar_. ~ aerrsed' ~ lid. llloxsgaDe. <br />tartar piitr M aerriaafaa siai ant eatlte ~ Daerawar s prtn'i3ed ®prr[gn~pi 10 cereal al~u3~ 113 tie irrrti: <br />W tie arliata ~ Y +a~r sari ftaereltc {33 a dram, rant leas How SO days f:aar tisa ~ err eetlce k ewfitd to Bareotrsr, <br />Ire srYei atttdt lteatrri twr is eatsail art 1;3 t®utt ~ 6a era a.cr 6reaei alt « bdrae tie dre i. tie entice <br />tarns await la realartMaet aI lie awe aac>trri A7 lib httr+i~aEe, teaeciaaee by jtwirlsi peotaed~ sad oak d tie Prapetty. <br />11r roMee alai IteAat iilthar DattaraKr d ire rigid ib teiraws t~ acxei sad tie :igYa to sweat i Hte teracbw~e <br />~araaii;le nri•raitiarce at . lefartt ar soy .~ dNteae ~ iexaearea b ~ aatA feredawrt. IC tic 6eeaci <br />it art tartar r ae itttEeae Se hits a~acifiai ~ Nee tantirc, 1®der at Lert3ePs opdeia aaay declare i e( the ataas aerated by <br />date ~ is k lrttratiaeiT lire taxi FaYaila aiietK fwaier deuaei ,®d ewy toracissr iy ~ prrcee~.g. Leader <br />iv is ndlW tlr t,aiart is aadt w+~+b+s ail ea}eaaea at fsaedrtaarc, laela~as, brat sat lladtti es, cones of docameahry <br />s+Ysae,a-srarr nag l0a seFoetr. <br />13 lanwrtr'a it Datrataia NatwiHistaading Lender's acceleration of the sutra stcrtred bg this Mortgage, <br />Bortaaer siaH }nnK the rlsit to haul nay proceedings hegira by Linder to enforce this Mortgage discontinued at any time <br />