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79-' Ut)71~;~ <br />Lender's written agreement or applicable law. Borrower shall 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 7, with interest thereon, shall bernme additional <br />indebtedness of Borrower secured by this Mortgage. L?nlas_s Harrower and Lender agret to other tams of payment. such <br />amounts shall be payable upon notice from Lender to Borrower requesting payment thereof. and shall bear interest from the <br />d..ie of disbursement at the rate payable from time to time on outstanding principal under the Note unless pa}mtent of <br />interest at such rate would ere contrary to applicable law. in which event such amounts shall treat interest at the highest rate <br />permissible under applicable law. Nothing contained in this paragraph 'shall require Lendez to incur any expense or take <br />any action hereunder. <br />3. Inspection. Lander may make or cause to be made reasonable entries upon and inspections of the Property. provided <br />that Lander shall give Borrowu noflce prior to anv sock inspection sptcift'irg reasonable cause therefor related to Lender's <br />aaeresi iu the Property. <br />4. Coademnation. The proceeds ~f any award or claim for damages, direct or consequential, in connection with any <br />Condemnation or other taking of the Property, or part thereof, or for con+•eyanee in Lieu of condemnation, are hereby assigned <br />and shall bt paid to Lender. <br />In the t+ent of a total taking of the Ptvperty, the proceeds shalt be applied to the sums stcurtd by this Mortgage, <br />wi&'s tht excess, if any, paid to Harrower. In the event of a partial taking of the Property, unless Bam~wer and Lender <br />Otherwise agree in writing, ifrere shalt be applied to the sums secured by this Mortgagt such proportion of the proceeds <br />as is equal to [hat proportion which the amount of the sums secured be this Mortgage immediatet}• prnr tO the date of <br />taking bears fo the fair marktt value Of the Property' immediatei7 prior to the date of takirg• with tht balance of the pmceeds <br />paid to Born+wer. <br />If the Property is abattdotxd by Borrower, or if, after notice by Lender to Bot•mwrer that the condemnor offers to make <br />an award or settle a claim for damages. Borrower fails tO respond to Lender within 3C1 da}'s after the date such notice is <br />mailed, Lendrr is atrthorved to collect artd agph' *.ix pr+•>l~eeds at Lender's option, either m restoration or repair of the <br />I'ropem• ar to tits sutits severed b}' this Mangage. <br />TJnlw Lendu and Borrower ather++ise agree in writing. anv °u:h appticavon of proceeds tO principal shall not exEend <br />or pOStp~'ae the Sue date of ttcz monthlc installments rcirrtrd to in paraeraphc I and '? hereof nr change the amount of <br />aleck ittstallmertts- <br />I9. )sprrotvH Not Reltysrd. Eximsinn Of tht time for payment or m:v'iificatinn of amortization Of the sums securtd <br />by r~ M~rrQ~ ~raat~ by Leadu to an}' su^cessor in intemt of BOrmwrr shall nn; operate in release. in any manner, <br />the liability of the arigirtal Borrower and I3orroweis successors in interest. Lender shall net 6e required to comrtuttce <br />prttexdengs agaiasi stick suecessar or refuse to extrnd time for pa}•ment Or Mhen+ise mndif}' amortization of the autos <br />smired by this Mortgage by rcascvt of any de:riand made b} the original Barmwer and Bortaw•tr•s successors in interest. <br />i1. Fo+be~ce bS I.esder Not a Wailer. .4nc fartxaranCr b}' Lendrr in exercising any eight or tternedy hereundtr, or <br />othersti~ adardad by applicable taw. shall not trt a waiver of Or prtchxle the exercise Of any such right Or remedy. <br />The procurcmerii of iristtrantz or the pavmeni of taxes or other liens nr charges be Lender shalt oat be a waiver Of Lender's <br />rag}ti to aCCrleraie the maturity of the iadelxedrress secured h+' this ~{ortgagt. <br />;j, Reme~ea Ctrmadad:r. All remedies provided in this Mortgagt ate distinct and cumulative to any other right or <br />tetrttdy tinder this Mortgagt or afforded by law nr equity, and t~av rte cxtrCised cancurrtnih•, ittdeper+denti}' ar ntcttssiveh'. <br />y~,, Seeettsats ati AmTigas lbosad: Joist sad Se+eral tiab~ty: Capfiipns The covenants and agreements herein <br />cxtmtait:ttl shall tread. and the rights hereun~r Sha21 inure to, the :espectivr suwessnrs acrd as<igns of Leader and B.i-rowtr. <br />sidrjott tt+ tttr ptcr+•isioos of paragraph 1' :,errof. Alf Cavertanu and agreements Of Sc:rrOwer shall br joint and several. <br />The tap~o,vs ntwf beadiags of the patagrapM Of this Mortgage are for convtnience nab' and art tint to be used to <br />or ddae the prtsvisioas hereof. <br />JL Nark: Extxpt for any pixix Irgvired under applicable law to be given ir, another manner, fal anv trotter to <br />Horrasver provitkd f~ is ibis Mortgage shall bt gives b}' mat&eg such tx'ticr b}' certi&e.+ mail addressed to Enrrower at <br />the PtoperTy Address or st such oher address as Hormwrr may designate by notice tO Lender a: provided berets, amf <br />tb7 any noliee to Linder shall tee givers tn' srtifw7 trail, return receipt reqursttd, to Lender's addttss Hated hrreett or to <br />such outer address as Lsntier may designate try n<~.ro to Harrawrr ac provided herein- ~ng~ n< pri vided for is this <br />MtutgRge shall tar dtxrsetd to ha+'r been g:+en to Snrrc+wer m Lender w~hcn given in tlx manrxr drsignatei' hterc9rt. <br />25. Uadorm Mealtp!!r. Garetwitq I~++: Se+s. This farm of tnattgagt Cotnbitxs uniform rnsr_,ants ft~ national <br />sue :tail p~_~¢i„rat cavettaats wide Iitnittd +zriattuts by jurisdiCti+ii to cottatituu a unif.'utrt strttrtty tastruttten[ covering <br />teal ptvgserts'- This Mortgagt stta$ tx governed be Iht taw of the juris3i.-tiov in which the I*rapert.~ i< In::tc+cl- in the <br />eveart rlvz say pr+OVi~an ar Ciarxre td this M.ntgagc :x ttte ?+tale conflicts wiita apptitatde law. suit Ccnftia shall tern a~a4 <br />ether patrvisi~s d Chia MtxtEtige or the Nast which fir are gi+ra e$A^r without the ronfliCrrtg ptxr+•eaiort. and to this <br />fad ~ p~vis~s :~`: tGt M., ~ ihr ':.r*~r a*e ,~I=_rt~ to be crYtralale- <br />JC iaraas.ersit Cgtr. 6m'srraPe•r alas!! Ire fern+s;xtd a ~ usformtai teps° of iht .~Iatr a~ ~t +.bis '+3+~{tagr ~i tM tiros <br />c~ tea ter after ~ h~crcd_ <br />I i. "ikaattiis at Ebt Ptatrst,P, Asgssraiaa• If all ar any part of the Property nr an iritarcst therein is u*id or transferred <br />bq Hervtaatr vitlrwa Leadtr'a prior written crutseat. exciudeag tai tM gyration of a li*rt or ettctimbrantt sitbotdinate m <br />dais K ("bt der statist r_*f a purchase moues sn-'utit}' interest for househo'td appliance. (c) a tnttsftr b!f devise. <br />detatnt orlty opesatiam of law up~ott rite death of a joist tenant or id) iht grant Od as}~ 3eastltald interest of three )tars to kss <br />pot meRaiOietg as optiosi ip pxaebse, Lendrr may. a Ltnder's option, declare ail the stuns sa`itr~ by this Mortgage to lx <br />ii5' thse and ptl-alae. Lzesder shag have rFivrd such t+ptinH to aCCrlerate if, prior iO the sak ar transfer. Lender <br />ttgd she parson ~ a$aam ~ Pm~perv is to b- ta+id or trariafrrttcl teach agtetmrnt in writing that the cteuit of such peasOn <br />is satidacfcr}• to L,eadtx apd drat the •= arrest pCarabk Op the sums snored h} this Mortgage shell bt aE such rate a-s Lttxlts <br />sh:H rapatxt. If ieadtx has It:ae~ad tree ~. to :c~tleratt Ixavided in =.his ~=~raplt I~. and if Sorzvwer's stsccrssor ,r <br />i bas a nritaeat apatt~tim i acsitd m waiting try Leatder. Lender shall release Bartowu from all <br />mader into bltrrfya~ and for Irate. <br />]f Lesdra txerciaes web cgtiora to aaxierate, Linder shall mail Harrower nt#ice of aCCekratitm in aCCOrdance with <br />psapaph I< berpof. 3t~ rtikitr shaTi pttavide a period of not Icss than 3D days ftarn the date the aocicr k mailed within <br />w>veh 13t spy pav tltt ratans deciartal due. if Baa'trw'tr faits to pay such sums prior to the expiration of such period, <br />Leander may, fta~v tatHice c>t demand ixri $artowrr, iti+'akt av}' rrsv.dies permiittd by paragraph I g hereof. <br />?soot-Lfitartgteta CovExaxrs. Btaxnwer std Leader further ~venant a_*id agrtt a folkrws: <br />It Aeedsa8am ltmfeiea ~ ~ ! ~ t+mir'~ I7 Tttrts#, trpae tiarra~s bttac# sf asp aoveaas! art <br />> d ssnaws d tits Moel~, fie aatrteaaala M pay srbes doe oar ~ sttsed by tlili Mattfsatee, <br />I,esirr !~ N aeodsa4i® its tfiul ttiel{iee aia tlatrawer ac paotrlded %e !mlraPk ;+i ksrtol t~etlf;t f1) tiu bstath: <br />~ ie atlite t>e~aLad M csee troth !sneer (3? a dale, mol Its thae 3t1 a~ys laps rig date rite sttfke is mired to Doraower. <br />iy attest asei imstit toast #te csaeetk !tart (;I lltat Mere t$ a9tt toast breach oa or bdeut Ae date spee~red is doe ao8ee <br />mad trpgMt Y attdmliae et the atlas rstmed try fie. Met+tE,ttEr, fatetloaere b! jedlebil ptna sad oak of tree Prplterty. <br />4ia ata6te aid basis ktMeet iaaaa+rsr d lit tS~it b tetafga/t atlas' aecdtrafiaa sad the ri=ht far attatnt is the foreetoaee <br />gaseertlY~ ~ tteFeaiaiesot d a ieGtit ar nary other ddeyae of lieaaower m scdermbs sad toreelioswe. H ibe 6ttaeb <br />6 art treed ae ae !diem lit daltt >~ is fire tasters, tester >a I.eatlv'a option my dethue rd of fit vein ttttnred 6y <br />Ala M 6e ~eiiaMel! isa aai !eJ'~ rrkiaat ferlber destsd aed sissy foreclose by jadkld p~oceedkg• Leander <br />list >k st>dei M eailatt i aetit ag atpeatn et teaedasare, kaei, imf sot Oadted to, eases art dpesmeetary <br />aritksre, aY~taam nisi bit tte}s~. <br />~-, 3atae'~aa"s ~ ~'@+deatede. Notwithstanding Lavider's acceleration of the sums secured try this Mortgage, <br />Bmtower tdufl have the tight to have avy pracmdhigs begun isy Lander to enforce this Mortgagt discontinued at any time <br />