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<br />Leadee'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 6y Lender pursuant to this paragraph 7, with intemst thereon, shalt become additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amamts 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 gayable from time to time on outstanding principal under the Note unless payment of
<br />interest ai such rate would be coniran• to applicable law, in which event such amounts shall bear interest at the highest rate
<br />ptrmissibk under applicable law. Nothing contained in this para¢raph 7 shall requim Lender to incur any expense or take
<br />aay action hereunder
<br />8. h~spection. Leader may make or cause to be made reasonable entries upon and inspectiors of [he Fropetty, provided
<br />that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause [here for related to Lender's
<br />ir,~erest in Lht Fraperty.
<br />9. Coedemnatian. The prorneds of am' award or claim for damages, direct or consequential, in connect'son with am•
<br />rondemnation er other taking of the Property, or oatt thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In the tutor of a total taking of the Property, the nrxttds shsil tae applied ro the sums secured by this Mortgage,
<br />with the excess, if any, paid to Bar=owtr. In the event of a partial taking of the Property, unless Borrower and Lendtr
<br />cuherw•ise agree in wrivng. there shall F+e applied to the sums secured by this Mortgaee such proportion of the rroceeds
<br />as is equal io that proportuon which the amount of the sums secured b}- this Dortgage immediately prior to the date of
<br />takittg bears to the fair market value of the Propem• immediately prior to the dart of taking, with the balance of the proceeds
<br />paid is Borrcwtr.
<br />If the Propem• is abandoned by Borrower. or if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for aamages, Boorrower faits to texpcmd to Lender within ?U da}s after the date such notice is
<br />mailed. Lender is authorized to collect and spgh• the ercw,etds, at Lender c aption. tither to restoration or repair of the
<br />Pnpem• tar to the sums secured by this Afortgage-
<br />Lrnless Lender and Borrower otherwise agree in writing. any such application of precteds to principal shall not extend
<br />ar pastpisrx the due date of the manthfy installmerv referred to in paragraphs 1 and ?hereof or .change the amount of
<br />such instaRtnents.
<br />28. Errtoure~ Not Released. Extension of the time for payment ar modification of amortization of the sums secured
<br />by this Mengage granted b}• Ltrtdrr to any succnsa>r in intemst of &>ttowrr shall not operate to rcleast, in any manner,
<br />the liabrli[y of the original Harrower and Berravvrr's sucetssors in interest. Lendtr shall not be required to comrntnce
<br />proceedings agai>tss such successor ar refuse to attend time for payment er othervist modiR• amartization of the sums
<br />stcur~ by this Martgage by teasan of an}• drmsnd made h}' the original Bermwtr and Bcrrow•er's sucYScars in interest.
<br />Ii. Ferigrapee by Leader Not a Walisrr. -4m' fartaeazsnce by Lendtr in exercising any right or rcmedc 6ettunder, ar
<br />orhtrnist afforded by applicable law, shall not tat a waiver of or ptrclude the exercise of any such right or remedy.
<br />The procerremtnt taf insuranat ar the payment of taxes or ether liens or charges by Lendtr shalt oat tat a waiver of Lender's
<br />right to acceltnu the maturity of the indebtedness sa-cured by this }tartgagt.
<br />Ii Rea C"®aWlre. All ttmtdits provided ir, this Mortgage arc distinct and cumulative to am other right or
<br />rttttedy under this Mortgage or af€ardt3 by law ar Cquity, and may be exercised concur:rnih, independently or successive[y.
<br />I3. sad At$gas Eorad: 7o®t cad Several :.iabrTity; Captions The ceytnanu attd agreements herein
<br />avratairrcd shag bind, and the tights hereunder shall inure fo, the respective su~~rssets and assigns of Lendtr and Bar. owtr,
<br />subject io ilte provisions of paragraph 17 taere.~f- Ail covenants and agreements of Bormwrr shall be joint and severat.
<br />The taFrsauss and headings of the paragnptrs of this Mortgage art for convenience ooh- sod are nai to 6e used to
<br />inttrpr» or dt5tx the provisions lxrtaf. -
<br />Ii. Nstkn Excelvt for any rta2ict required um9er applicable law to be given in arHIther mariner, tat any nMitt to
<br />Barr~>wtr provided far in this Mortgage shall tae gives by mailing such notice ity certified mail addressed m Bc.rrowtr at
<br />the Prr,}xrty Address or at such otfxr address as Borrower may dtsigrate by nabs to Ltnder ss provided heron, and
<br />[hl any a'atitx ro Lendtr shuts be given ray certifiNi msil. rttum receipt requested, to Lender's address stated htrtin ar to
<br />such other addisss as Ltnder may iksicnate by rroti^t to BorTawrr as ptanidcd herein. ,4ny truster pnvidal for in [his
<br />Mortga>:t shag be dneenxad to have beta given to &vrrcwatr or Loader when given in the manner desugnattd herein.
<br />15. L'aiFwia hier~a~ t;nn I,aw; SeaPera6ih. TTus's fum of mortgage ccurrbirres uniform myt-°ants far national
<br />rant and Wont-uaifarn covtarants vvith [united vatiatiaas by jursdi.-rian to cotrstimxe a uniform saurity irstcutntat rnvering
<br />tta•2 graperty. TAi:s Mangagt shall tx governed tau the taco of flat Sutisdictian in wharf: cat Proptm• is located. in tbt
<br />event that aay prtvicucm or clwst of the Mertgagt ar zlx Sort tx>rtflias with :pglica[slc law, such cottflact shall not affect
<br />other pror:isioms ~ this Mortgage ar the Nrut x~hirla can he gtyrn etTect witlaotri tlx conflicting provision. attd to this
<br />rnd the p[•c»•~uores of the Mtvttgagt and the Ncue air dtclarrd to he trvarablt.
<br />Its lEa Copy. H~taaw_e shun be f,3.,t; e~ s ~>itfcarmts[ enpy f tax lalc~t arxt : f this ?«Sa: tga~ ax the tittx
<br />cvf execsrtian cv after ra>~datiom hereof.
<br />27. 7}aafer o{ lie lnspeaty; Aaraaptiae. If all or an} part of the Ftapert}• ar an imtrest ihtrtin is sold or transferred
<br />by 8orrnvrer withairz Lender"s }tr'uor w~itttn consent, excI,iding Iai the crtatian of a Tien ox encunbt•anet subordinate to
<br />this Mzxt;ags, [bl the caeatuan of a gurhasc m:ataey sacurit} anitr~t fcr hotLSeh4id ippliancts. {c) a transfer by devise,
<br />drnrimt ar by operation of law rspcxr the death raf s jainx ttnanr or ads alit grant of any lease[aald interest of then years ar less
<br />got as opnm w purchase, Lender may, at Lesadcr's aptian, declare ail the sums sa-ured by this Martgage to be
<br />lately due and payable' Ltnder shall have watvcd such captkztt to atxxleratr if. priar to the sale or transfer. Lendtr
<br />and the person to tvhe~ar the Prtgren} is to bt scld .x ttansfered trash agrexment un writing that the credit of such ptzscxz
<br />s ssiisfa.-tarp xo LrBder atsd that flat iattsext payable t~ the turns strurrd by this Mortgage sisall be at stub me as Lcttdcr
<br />>~ >.. If Lemdes bu trinxd itu olxiaxz to at:~tlesate pravidtd in this paragraph I7, and if Borms-tr"s successor in
<br />ira;a~ leas esterrTe:d a aa7itits ~~•*•ap*~v+ agtrrntxst a~epttd in avriting by Ltnder. Lendtr shall rdeast Sonowtr fran alt
<br />abligatiaet under this Martgage arsd alit Notes
<br />if Lesada tstrases st3ctt option to acctit-rate. Ltndu shall mai3 Borrower notice of acrekration in acrnrdance with
<br />pr'ai:raph la htreaf- Such tsc~ix sbaIl provide a periaf of oat lass itran ?0 da}s from the date ilia nsxict us mailed within
<br />wbida Bt'rfpvweY may pay the suns thrciar•td due- If Bcrrawer fails to pay sueh sums Brier to tax expiration of such period,
<br />Leader taay, stiihiosa feather or demand can lSa:rcwrr, iavDke aay rtmrdi.-a ptrmiutd b}' pasatgraph I& htreaf.
<br />Naas-IJrs't~fa Cetrxt_ Bart~tvutr ats8 I.eadcr ftrrthtr cavenana and ag[e as follncrs:
<br />Ifi ;tL E><ecgi as preasided a prutgra~b i7 ieraeaf, open 6wtower'e breach of asy ct»ea>mt or
<br />t of ieatatnrer i ~ Morfgttge, Sstindtq tie cpseaaats to pay asiea dye a.y sums sttarod b} this Afart=tsPe,
<br />"~ >~ is ab~ ~ sts~e ~ Larrsv~r ~ ~:dtd ~ ii iatut y-:ugc i2; t1>E 6rtaci;
<br />f~ Ae acttw aepfreii !a ease art isddq f32 a Ale. art k~rr t~ J8 days amen tie Ate due entice is ataAed Uo ianower,
<br />~ *Uids naci iaaati ~~[ ie esai; aai fit firs hire ire ere suet brrat6 a tv 6etrre rls: ~ tapeeified le tfx ardss
<br />tstsg usual i aetaera6aia of fie apes sacred by !h's 11iss~e. farecfosyre iy jedield paoceedbas and ulr arI fie Property.
<br />'Ilse calks Aai faslYer lafaem Rorrawer of tlse afiM as eebWte after acedaatiaa cad tie ~ to assert ie the foxd~osere
<br />psacaaisi tic aaaodsleaex d a tlelarN a apg elder Aefepat of Eorrossea N xrekraioa cad foreelowse. U the bread
<br />is cat earsi ors ar bntme ~e rlht~ apes~ied a tale aadce. Laurier r Leader's opdoa may deelare ai of dse sums aecuesd by
<br />ails m ie tae cad payaiie wiitiesrt frrtiee deaaod cad essay foreeiosr by jtadltl.I proceeding. LtaAr
<br />aitafi 4 omNed to eaieet fa asci prseaedbt >R a:peaers of #otscbwrt, indadieg, ben a~ timkcd ta, emra of docameatary
<br />rvideaae, atirESac6 apt tide repents.
<br />U. aaraa~tra's Rigit ~ IRetieshle. Idxatwithsiarading [.trader's aceeleration of the sums secured by this Mortgage,
<br />$tarrasret shall have the rf~tt to bane any proceedings begun by Lender [e enforce this Martgage discontinued at any time
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