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<br />79- "~iD69C~`3
<br />Lender's written agreement or applicable law. Borrower shall pay the amount of ail mortgage insurance premiums in the
<br />mstsner provided under paragraph 2 hereof.
<br />Any amaunts disbursed by Lender pursuant to this paragraph 7, with interest [hereon, shalt become additional
<br />indebtedness of Borrower ~cirred by this Martgage. Unless Harrower and Lender agree to other terms of payment, such
<br />amounts shalt be payable upon notice from Lender to Borrower requesting payment thtrenf, and shall tzar interest from the
<br />date of disbursement at the rate payable from time ro time on outstanding principal under the Note unless payment of
<br />mterest at su:'? rate would be contrary to applicable taw, in which event such amounts shall bear interest aY the highest race
<br />permissible under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take
<br />soy Sxrian hereunder.
<br />& IaspKttia+. Lender may make or cause to be made reasonable entries apse and inspections of the Propetty, provided
<br />that Lender shalt gia*t Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />vt[erest in the Propert}°.
<br />9. Coadeaaeatioa The proceeds of any award or claim for dama¢es, direct nr consequential, in connection with any
<br />eoader2tnatian ne other taking of the Property, or part thtrenf, or far cnm•eyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lettder.
<br />In the tarn[ of a fatal takittg of ibe Property, the oraceeds shall bt applied to the sums secured by this Afortgage,
<br />ui[h ehe excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing. there shall be applied m the sums secured by this Atnttgage such proportion of the proceeds
<br />as n equal to that proportion which the amount of the sum: ,ecured by this ?tinrt¢agt immediately prier in the date of
<br />rating bears to the fair market cauue of the Property immediaitly° prior to the date of raking, with the balance of the proceeds
<br />paid m Borrower.
<br />?f the Proptrn' is abandoned by 13nrrowtr, or if, after notice by Fender m Harrower that the condemnor offers to make
<br />an award ar settle a claim for damages. Borrower fails ro rtsp.~nd in Ltnder within 30 days after the daft snot Holier is
<br />titaikd. Lender is atstho[7ztd to collect and spph- the prtx-teds. at Lenders option, tither to restoratiim or repair of the
<br />Pi'aptrty or to flu sums saatred be this Mortgage.
<br />Unless Ltnder sad Burrower otherv~se agrtr in wiring, arv such application of proceeds to principal shall oat extend
<br />u A~"x the due date of the mattthh' installments referred to in psragraphs 7 and 2 heleaf ar change the amount of
<br />such iitstatlmenis_
<br />I@. Harrower IWt Released. Exitnsian of the time for payment or modification of amortization of the sums secured
<br />leis hiQrcgagc ~rared tax i..trrdcr m anx sus~tir n i- irk ,f intiu ~-r Bali rn ~ ay~.`ai< t~: ~'...K.. _° a ',' :::an.°t;.
<br />the liabtlin• of the original Bormw+er and Barrawcr's suxasnrsfin inxrest. Lender shall not be~requited to°commence
<br />praxedings against srsrit stns:r nr refux to extend Iimt for paytnrnt er otheraise modify amartizatian of the sates
<br />aecttred by this Mortgage br reason of any demand made by the original Born~wer and Bnrmwtis sttcccssars in toreros'.
<br />11. Rwieataace bS Leader tint a Sfaiver. Am' farbearantx by Ltnder in examining any right or remedy hereunder. or
<br />tthetvrise nffaaded by app5cable taw, shall rsot iu~ a waiver of nr preclude the exercise of am' such right ar temady.
<br />TTte prncurtasenR of iastaraa~re or iht paymtni of lasts or other 3icns ar t:hargrs by Lender shall not tz a waiver of Lender's
<br />tight m acrzberatt 21x mamrilp of the indeE>tedttess secured by this Mortgage.
<br />12 R~+Ca~tr. Ali remedies provided in this Mortgage are distin.-t and cumnlatiae to any other right or
<br />r~.zdy under this Mortgage or afford by taw ar tquin~, and mac he exercised rnncurrentlp. independently or sucttssivch•.
<br />i3. Stiecceaea and Asia Booed; )a®t aei 5rserai I.iaoiJity, Captfees. The rnvtnanu and agrtemetttc herein
<br />.xmtataed snail bind, and the rights hereunder shnB inure ro, zhe rspectia°t successors and assigns of Leodtr and Barraaez,
<br />stxbjett is the ptavisietas of paragraph 37 bereaf. All cavenanzs and agtetmrnts of Borrower sha8 bt joint and stverat.
<br />Tiu and headings of the paragraphs of this Mortgage art for ronvrnienec only noel are trot to ere used to
<br />~taptrx or ddioee the proaisioac hetenf,
<br />14. Nettle. 1;arxpt for any rtotiex regttirtd trader applicable Isw to be glum in another tnannrr, tai xns• notice m
<br />Botroaer provided i~ is ibis Mortgage shall bt given by mailing such rroticc by certified mail addrtsstd to Hor;owrr at
<br />the Prz+t,arc Add ar a1 stscit salter addre~s as Bar2tmer may designate ey mice to itndtr as provided btrein, and
<br />sbl any notice ea Lender shag be gixen by ctrtificd mail return rxeipt trqucsted. to Letder's addtts stated herein ar to
<br />Sufi other addrra u Lender may designate be tsotice m Barmwer as provided htrcin. Auy rr.~iice provided for in this
<br />Martgagc slssl; bt decenrd to htve born gives io Bormwtr cu Ltnder when given in the matron dtsignattd nettle.
<br />15. Lttslfotr Meter. Lew; Sts. This form of mortgage combines uniform .ovenants tar *tational
<br />use sad mo-tmBorm mvasanrs with lirnitcd rariaiitess ba jurisdiction m cottrilnte a uniform sncurta° insis~rmeat soverittg
<br />real pn~pertp. 7ltis Mortgage shag be !row by tbe #aw of the junsdutioa in whsh the Prapem is la-steer. In the
<br />taut[ that nay prrnziuan cv clause of chin ltartgage ar the Nott conflicts Aiah spplicalsk taw, wch roaflict shag not affat
<br />oihtr pinvisioas of this Morrgag; ar flu Nate which ~n be givctt tl€tc1 wiihatt', the ~~rtRs~-ting pravisian, and to this
<br />and the previsirnu of the Aiottgagt acrd the ?`sat are declared to be stvetablt.
<br />li Bataewet°s Catpy. Btxrawer shall be furnished a rnnfotttttd espy of the Noit amt of this Mangage rat fix time
<br />of tzetaaiott ar steer teenrdatioe frcrrc+f.
<br />IT. of the Praprt:; A~17ea. If ell or sty part of the Proptm• a- as interest therein is said or xransferrad
<br />b¢ Bomoyar withastx Ltsrdrrs }ar}ar rrintn nxtsgent, cxdtrdmg ia3 the sreatioa of a lien x mcttmbrattet stthordinate to
<br />this Itlortgage, tbt the crrstiao :Sf a purctsasr itstxrey ser:uity :merest for hotwxselsald appliaacts, ice a transfer by devise.
<br />amt or by apetatim of jaw stl+nn tbe aeatla tsf a }slot tenant tsr td; the grant trf any teastdtaid iatttes[ of three years ar less
<br />atx ~cmtaiaetg m option x putrhaac, Ls~ may. at Lxndtr's option, declare all the stuns sts:ttred by this Mortgage to be
<br />imy dtre altd pnyabk. L,attder shall have u-aiartl such npiiaYt to acctteratt if, prior to the sale ar transfer. Ltnder
<br />ant! the pasatm to risen t4se Ptape~tyv h ter br siild ar transfcrmt reach agxettatnt is wsitittg that the credit of such pctsort
<br />is aatidac;~rry to 1_tmtier sad [)Sat the irr'ercrd payable tm the sums zectrrad by this Idortgagt shall be at srsa'.It rail as Lender
<br />siaB rte,. tf Laodv Ina tvaivad the optitm to acxitratt provided is this paragraph 1?. and if Barrvwcr's successor in
<br />int~t Isis eaecteat a crritten aaaumptica't ;greeanrat acxpred in *xriting by Lander, Lcadu shall rtleast Becrowcr from all
<br />under the Ido~e and the Ntaec.
<br />Lf Lander r=r~*•~ atrh aptiao to acceiuatt. LrardZr shall i+aaiS Borrawrr trotice of :crekraticns in ~cordaace with
<br />patairttpit 1{ hatwf, ~Clt crater shag paovidr a period aF Hai Etas than 3ti day's frotttt the date the notice is ma8ed within
<br />wiir3t Brax~t tatty ~Y fire stua€ daec}arui dttt. If Garroter tails to pay suet[ sums prier is tbe espiratiao of such ptriad,
<br />l.esder aaay. withant further aoiiot m demand o"n Borrower. invoke any remed'su pertattted by paragraph 7 S hcrxxrf.
<br />lrissts-Ufa Gbvexxizirs. Barra+ver and Lander furrlur roveaant and ages ns fotlo+vs:
<br />1;4 AeeeleowsaK Iteradies 1$ceept s praelded 'r patrapaph iT 6neaf, stem Borrawav'c breach of sat coseayat or
<br />asg d Burr i• 9da Ilisalp~e, i?x tit eo+,eetn~ io pay wW else nay aatar tretrt5d by thk Mme=
<br />imitr ptiar b accdral3aa alai awl aeffiea ~ B as paovidad ~ paragApis 14 heroat ~: 111 dte bleach:
<br />tl!3111rr taRre sgsitad M use ata¢i #asdG 13} a drk, neat ter tiara 31A days frog the dam the as4ice i spelled tts iortawer.
<br />~ atliti arc! lraaei aarrt IMe eaatedi art (y :tat faire to elate fret ireaci ea ar 6dare the alrpe apae~ed is tie atNlce
<br />awl teaatlt b aattelattlw at Mee sorts snored ~ ti's Mr'98rRe. laea+deare i9 jadicLt precea~ noel rile of the Property.
<br />Ztsp aa6ae iisai faaliar ihd'ttar Baawsau of ICE rigif M tvittpate ~ ara+ataatisa sad the riot to are[! i the feaala~ae
<br />paatnaadhl[ tie aareslelnrast at a dwaek a: ag env defeaaa of Beeawrsr to accilee~ atad ferecbam~e. M the breach
<br />is aw tatai tar at iaftpe ~a drie ttpet>~i io Bee awiee. i.arder a indtp'a optim ref derhts allf ~ cis sawn scented by
<br />ills Iiieafpje #s in hatre~irldy else sat! pnttaiie wiitberl ftther t9c~rrd noel ~ foreciese by 3 ptoteodhtg. Leader
<br />shat ie erBiai to eeBnd ~ welt prate all tngeaacs of faaeclswe, insiat3~, bed not ihrdeea to cows of doeamentary
<br />e+ldeace, a~lart<ses sad ti8e l~
<br />M. Besseara'a Ri~w !a IRdnEtrla Notwithstandeng Cuukr's acccleratian of the stunt secured try this Mortgage.
<br />HEmosaer shalt hm tie r~ io hays any pttxeedirags begun by Lender to enforce this Mortgage distsmtinued at any time
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