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<br />79-~ t3k)f~'7
<br />Lender's written agreement or applicable law. Boaower shall pay the amount of all morgage insurance premiums in the
<br />manner provided under pazagraph 2 hereof.
<br />Any amounts disbursed by Linder pursuant to this paragraph 7. with interest thereon. shall become additional
<br />indebtedness of Borrow=er secured 6y this Mortgage. Unizss Bortowzr and Lender agree io other terms of payment, such
<br />amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and shall bear interest from the
<br />date of disbursement at the rate payable from time to time on outstanding principal under the 1VMe unless payment of
<br />interest at such rate would be contras- to applicable law, in which event such amounts shat! bear interest ai the highest rate
<br />permissible under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take
<br />anv action hereunder.
<br />8. Inspecting. Lender may make nr causz h, he made reasonable entries upon and inspections of the Property. provided
<br />that Lertdtr shall give Borrower notice prior to any such insrection specifying masonable cause therefor related to Lender's
<br />interest in rice Prtspem.
<br />9. Coedegtttalbn, The proceeds of any award ur claim fee damages, direr, or consequential, in connection with any
<br />condemnation or other taking of the Frnpzrt}'. or part thereof or for convevanee in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In The event of a total caking of the Property, the proceeds shall he applied In the ntms secured by this '•fongage.
<br />with the zY,zss, if any, paid to Barrowzr, in thz event of a partial Iakitrz of the Prapern•, unless Borrower and Lender
<br />athzrw•isz ague in writing, thzre shall be applied to the sums secured by ehis ;`iortgage such proportion of the ptviceeds
<br />as is equal to that proportion which the amount of the sum= strured M' this ~fongage immediately prior to the date of
<br />taking bears to the fair market vahrz of tfie Propznv ~mmediatzly prior to the datz of raking. with the balance of the proceeds
<br />paid to Borrower.
<br />If rte Property is abandoned by Bc:tTOwer, or if, after native h}• Lender to Borrower that the condemnor offer to make
<br />an away or sink a claim far damages, Borrow=er fails m reslx.nd to Lender within ?0 da}z after the datz such notice is
<br />mailed, Lender tc authorized to coHzci and apph° thz proceeds, a[ Lenders option, either to restoration or repair of the
<br />Pmpem- or in tht sums secured by this Mottgage.
<br />I;niess Linder and Barrow•er otherv=ise agree in writing. any such application of proceeds to principal shsll not extend
<br />or pastpotx 4he due dace of thz monthly insialimznts rrfzrred to in paragraphs ] and ?hereof or change ahr amount of
<br />such insaallmrntc.
<br />76. Barz+awer 1Va[ Rek~ed. Extznsion of thz time fa: papmenr or modification of amortization of the arms secured
<br />xakasa.. ~~ ~ x,~~ t a~ z~ zn~~ ~_,.~r,.t~.u ,n ;n~,.trs ,3 R,rr.,w.•r ch337 nv operate to release. in am' manmr.
<br />the liatitTiry of [hc original ]iormuzr attd~Bormwcis successors in interest. I_rnder shall not ice required to rnmmence
<br />pr~+cetdincs against n~h suct°~°rr or refuse to extend time for pa}mznt or orhetyvisc modify amortization of the sums
<br />xcured by this Mortgage b}• reac.~n of -..ny demand made h} the original &,rmwer and Bortower's successors in interest.
<br />71. Foriteataett bi' Lender 'Vat a R'alr-er. An} fortaearance h}' I ender in exzn icing an}' right or remedy hereunder, or
<br />otla-re~•ist atfiitdc+d b}~ applicable 13A', st1311 not he 3 waiver .,f or preclude the exercise of any such right or remedy.
<br />The procurea+tnt of insurance or the pa}meem of tayzc or other liens or charges h}• Lender shalt not he a waiver of Lender's
<br />74dtt to az~crkrare the rtaamri$ of the indebtrdreecs cra:rzd by this \3ott¢agz-
<br />2= R®rdta C~wwiaHte. ;111 remzdies pro.idrd in this Tortgage are dininct and cumulativz to any other right or
<br />:rarte.•tc wader this Mortgage or afford.-d by law or zquity- and ma} t+e ..ercisz~i concurrentlc, indzpzndenti} or suecessivrly.
<br />I3. Sseensots aed Eoan~ 3o'rat acid Se.trad LiabFiiitr: Captions. The svenants and a¢rmments herein
<br />rnaiai.tted shall bind and fix tigttu hzreurdtr shsll inure to. the r-~spectivz suc:zcsarc and aasigns c+f Lender and Borrawtr,
<br />std+~st to thz provisicxis of paragraph 17 hereof. All ea+•znanr and aereemetits o f Borrower shall be joint and several.
<br />Tilt cs~nMS and hudings of the paragraphs of this linrtgage are for convzniznce onl}' and are not to l+z used to
<br />in[srptti iu de5ne the prtxisiorts hctmf.
<br />IL '~. Ecru for anv antis required under applicable law to be given in anothtr manner, cal any notice to
<br />Porrwrt pmyided for in this Mortgage shall l+r given M' mailing such noitce b} certified mail addressed to Borrower at
<br />the Ptnnt*n Address or ai such other address as $ormwrr ma} dcsignstz :+y reoticr Io t.eader as peculated herein, and
<br />;'hl nay tau3s m Leader shall be girerr h} xrtifird mail. rcaum mrrpt requesitd. to l.endci s address stand herein or to
<br />sac}; ctth~ address as Lender rosy drsignazt b}~ xn lice to Borrower as provided herein. Any notice pmvvided for in this
<br />Mo,[gitft shsil lx d~tred to hour 3+rcr! etvrn to Bcvmwer or I.ertder u;4en given in the manner designated herein.
<br />2{. L`tdlars 11So[tga~e: Go:-et~rg Law: Srj+tta6t"Gh-. ~l"'!i ;,,rm of m. rigaee cfim'tartes uniform ~overants for national
<br />uae arr3 n.~tas-uaiforn .:avcnaaas with limixtd variati~.rts h_+~ urisdi:ti,n to c.,nsti€utz a uniferxn szcurity ins:rtrmznf cnvzring
<br />teal prxt~errty. This Mortgage shall bt g~.vertsed by al+r law of ihz jurisuictioa in which xhe Propzny is located. In the
<br />tx'ei'rt that an}' I.n~siston or tlaust of this Mortgage or tier \rne conflicts uitli appiicai»e lave, such cont3ict shall not affe.-t
<br />other' iaroxrzsitfnb oS this Mangage .+r ttu '.Vote w-h;~h .:aa ?+z gtvra etit~t without the rnnt~i:-ring pmvidon. asfd to this
<br />erg rite pt~-isiorrs- ~: the :9or~ga~ the .,tr ate ,x ;sa'o ;o to sz=rraine.
<br />ii #atttt>nres`s Cape. 8orrowtr shalt be harr;ishtd a ronf~•rttizd oep} of lase Notz amt ot` chi;Liongage at rlx time
<br />,od txecaritxt nr suer rxxx~r,Iaticxs hermf.
<br />77. Ttt~ftr of for ?; A~atttptioa. 1 f ail or an} pan of the Pmmn} >r an interest tleerein is sold or transferred
<br />t+p Barr~cr wailic~art Itntlex's prior wriuen .r--nscrt- excluding 1a! tlx ;aestion of a 3ier, or encum6rancz suhardinatz to
<br />[iris Martgagr. tbl *,?ie crraik-rn of a purchase mane} ,ertrrin mterrv fa,r housz'tnld appiianczs, ic) a transfer by devise.
<br />3escttnt-or b}~ cpex~aticat .flow upon tier ,math t i s. rot Lena^t , r tdt the grant .+f am leasehold inierzst of there years or less
<br />rata ec~.aining sn captive to aurchau, Lenckr ma}. at l.rndzr', .,ptton. de:iarc all thz sums secured by this htongage to ba
<br />igtt[tediattty due and payable. irndcr hull l;a:r •.a:.•zd arch option Io axeleratr if, pricer to the uk or Transfer. I_eneler
<br />attd i2r patxw to w•levn tlx Propert} as to be soli :+r' transi~rred ;each s=,rernient in venting that thz credit of such petsen
<br />is satisfactory 7.'t Ixxtdtr acrd tba.t rice lase: rest pat able c+n th~» st;m, sr.urcd t+s~ this 'Ftangagr sha)1 l+z at such ratz as Lrndtx
<br />shalt rr-p#.st. if I..tadtr has saiued the -~.r?rza to accelerate p*nvadea+ in chi, pan_graph i?. and if B, rrowcr's succzssor in
<br />i~eresf bas rstacut~ a xrtittea assumpt+^rt 'agt'ozmrnt accepted in writing by i_rnrltr. Len,ier shall releasz Borrnwzr from a8
<br />nndu this Mortgt~t and ihe'.Vtxe
<br />If Ltttdcr exercises such optlnn to ac~°rlernxr- Center :lta!1 mail &rrowzr notice .~:` acczkratinn in accordance with
<br />psi•agraph 3d hert:of Such ttttis shall pr~y7dr a pttzad of na,t lzss char. 30 d>}, fr.,m thz dace the notice is ma'tell within
<br />A•Iticii Barrrvwc' trxay ~}' tlx s;..s d~larr,? -Lt_~. if Bc+rro>=er *arl~ r. pa_+~ =trc'± ,;ems prsar :o the expiration o: ;uch pzriod,
<br />Ltttd~ a3eg, w-it}+e+itt futslxx teat=.rY or Sad an l?s r*owzr. ~n>ole an; remrdus perm:ned la} paragraph 1 r herref.
<br />1+ioat-13h~~uttu CasE~er.-rs. Bcurrcnvcr ara3 Lender Surther rc~znant and acres s5 tallow>-
<br />ii. AccslreKatc I Ettrept a provided ~ gurnr~+apb 17 bertof, apace Bartnwer'F 6rtacb of aat• ceveeaot ar
<br />d !at•emrer v ~ t,HotlgsEt, iatiwdi~ the cosouants to pa? wttea dal nap wets serared bt this \iortgage,
<br />Loier Itner so sitR twat entice to 9otrow as prorided is pan~vap4 IJ beteot yecifyitg: lil tbt 6rescb;
<br />the ttettlaa to rmx wth betati~ i31 a dais, not ktrs thou 3d dap^, itxtsi the duo rim entice b ntaited to Borrower»
<br />iF'w3ridt awcit 1wnrb acct k tom; awd f+N that faitut't to ewe sulfa breticb ow or btfure the dste taieti6ed is the itotke
<br />~¢ teawk iw aateieaBaw al the siren aeceted bI tb~ i4i,m~gie, tarstigcwre by ptdiciil ptaeecdfwg wd stmt o[ the PropeA}'.
<br />71w watlee mat Itwtfer lttleta of the xi~bt m sr~ttu alto aecsleratba ate the rigbr to aa+ett ie tlrc forsckunrc
<br />p:aae~ tike aw.tideltsce eI a ddatit of alas otbsr defeeae of Rormwsr to arstierafion aed foretlnsure. II the breacg
<br />6 net t+n as bei3mr ~ ds4e ~ ~ aotlet, Lratde-r u Lcadtr's option oaav~ declare a6 of fiat rwms secured by
<br />tlis to Fe Ltwie~hiy dwe aed payable y4jtiloYt Itirtber dtwtand and ntly tatvclnt,.s try jwiieid proceeditiR. (.ender
<br />~ta>i be ewer/ b taiee iu swch prate ~ e><peattts of fottalnavrc, iaciad~, bat not smued tax, casts of ducwateatary
<br />esideme. alsRewets loci t18e ta~wAC.
<br />19. latttrwsPs Aid!! ~ Notw=ithstanding Lender's ..~ezteratron of the sums secured b} this Mortgage.
<br />Borravc~r shall have the tight [a have arty gt+ocxdings begun by Lender to enforce this Mongagr discontinued sf any timz
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