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<br />Lender's wrtten agreement or applicable taw. Borrower steal{ pay the amuunt of all mortgage insurance premiums in the <br />manner provided under paragraph 2 hereof. <br />Atsy amounts disbursed by Lender pursuant to ibis paragraph 7, with interest thereon, shall became additional <br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such <br />;,_ amouots shall be payable upon notice from Lender to Borrower requesting payment thereof, and shall tzar interest from She <br />date of disbursement at zhe rste payable from time to time cn outstanding principal under the Nate unless payment of <br />interest at such rate would be coot:sty to applicable la~e•, in which event such amounts shall liar interest at [he highest rate <br />!'~ permisstbk under spplicabie law. Nothing contained in this paragraph 7 shall requite Lender to incur any expense or take <br />any action hereunder. <br />~` & 7tapeetios. Lender map make or cause to be made reasonable entries upon and inspections of the Property, provided <br />tt 3t Lendtr shall give Borrower native prier ie anF' etch iaspectian specih'ing reasonable cause therefor related to Lender's <br />-{ interest in the Property. <br />p 9. Condesrotttbn. The praceeds of any awsrd or Maim for damages, direct ar consequen[iaF, in cannectian with any <br />~ rondemna[ion or other taking of the Property, or part ihereal, as far conveyance in lieu of condemnation, are hereby assigned <br />r. and shalt be paid is Lttider. <br />in the evtni of s fetal taking of [he Propertg, the pr<xY~eds shall be applied to the sums secured by this Mortgage. <br />with iht excess, if any, paid to Barrawer. In the event of a partial taking of the Properh', unless Borrower and Lender <br />atlrem.•ise agm in writing, them shell be spplied to the sums secured bs^ this Dfortgage such pmpartian of the proceeds <br />' as is equal to thst proporthn which the amount of the sums severed by this \iartgage immediateh• prior to the dare of <br />taki^g bears to the fai€ marke! valor of thr Propem~ immtdiateiv prier to the date of taking, with the balance of the proceeds <br />paid to Harrower. <br />If the Property is abattdiined by Barrow•er, ar if. ahtr nonce by Lender to Borrower that the condemnor effete to make <br />an axxrd ar settle a claim for damages, Borrower fails to respond to Lender within i0 da}s after the date such notitt is <br />mailed Lender is suthorixd to caBect and appl,: the pra.^ecds, at Lender's option, either Lo restoration or repair of the <br />Property or to the sirens stLrired h}• this 1.{artgage. <br />I;nkss Lender and Barraxtr athetwise agree ir. writing, a.^.r such appli:atien of praceetLc to principal shall not a:tend <br />or posipo:tt the dix dart of the taamhiy instaItments referred to in paragraphs i and ? hereof or change the amount of <br />such installmeats_ <br />ll~ )garrtttrer Not Released. Exrtnsian at the time for pa}'mtnt or medificatian of amortization of the sums secured <br />by this Mortgage grantrd bv' Lender to any succtca~r in interest of Barmw°er shall oat operate Lc. rGieaSZ. in any ma,°: ter, <br />the liability of the original Bom+wtr and Barraw'ti s successors in interest. Lender shall oat M requirrd to commence <br />pineeedings agaitsst strth stucessty or refuel to extend time for payment ar othtncise madifi' amortization of tht seine <br />securer by this Mortgage by ira_sorr of any demand made be the original Bornwer and Borrowers suressars in interest. <br />lI. 1?orbeea:aaee hf Leader Nat a Raista. .4nt farl+earance hi' Lendtr in exercising env right ar remedy hereunder, or <br />other'evise atFts€'dtd by applicable law, shall not be a waictr of ar preclude the exorcist of any such right or rtmedv. <br />llrt ptoprrement of imtvaoce tx the pavtneni of taxes ar other liens ar charges by Lender shall net be a waiver of Lender s <br />tig,M Lo accelerate the maittrity of the indeb2edrres seaurtd by this Mortgage_ <br />12 I C.msaWlre. AB remedies provided in this /.fartgaee are distinct and cumulative to any other right or <br />semed}• tinder this Martgagt or affonicd by law ar tquit,•, and may he ezerclse6 mnrttrrenth•, indrpendenth• ar successively. <br />33, 9artesars aad Eoaad; 3aiai sad Several i_is9iBiw: Cairdoos. The covenanzs and agrrements heron <br />atxttained shall bind, amd the rights hereutt~r shall inure to, the respective succesrors and assigns of T_tndtr and Bormw•er. <br />subject to the proxisions of pat'a_¢raph 17 heteot. 111 ctrverants and agreements of Harrower shall tae joint and several. <br />The captioas and ittadings of the paragraphs of this Mortgage are fat rnnvtnitntt ooh' and ate trai to t+e used to <br />intrrpiM or defiae the provmons hetta`_ <br />3L Native. 13ampt far any notict rta7uitxd under applicable law to be given ir, another manner, (a) any notitt tc <br />Horsaxer ptx+xided for in ills Mivtgage sha13 bt givers 1n' mailing such natioc by certified mail addressed to Borrower at <br />ilx Prapetty Adtitesx or ai sta-h ether address as Btxtower may designate by rn~tix to Lender as provided herein, and <br />ib} arty trttaitx to Lrtrde€ shalt 6e gixrn bs ceYrified mail, mum retxipa regtresttd, to Lender's address stated herein or to <br />such arlxr adtitess as Ltxtder ma}' designee b}. ttatice to Barrowtr as prmidal herein. .4m• tr~atice provided far in this <br />Mar2gast strait bt deemed to haul Lxm given to Harrower of Lender when qiv~ in the: msnittr dc~ignaied herein. <br />3S, LlaiFarw Law; Serxr~h• This farm of mortgage rnmbinrs uniform cas'enants for nationsi <br />use and ttaruitifatm covenanes xith limited variaiituu by jurisdiction to constitute a unifarm security insmimtnt crovering <br />teal pragrrttt•. This Idottgargt shall lx goverad by the law° of the jurisdiction in which the Property is located. In the <br />evts+i that any psovisian :x clatrse of this Mortgage at the Natt ~-,trfticts with applicable law, elute Ct>tlflkei shag oat afftct <br />e$iti nrovisioas of this Mortgage or the NorC which can be givttt tff~t withattt 23rt cort8icting provision, srrd to rtes <br />e~ tae Irvvis~s c€ il~ Mizt~ge aad'd'x Here are deflated to >x severable. <br />1L Rar:awer's Cogs. $tatowu shall be furnished a rnnformtd caps of the Note and of this Mortgage ar tlx time <br />~ t:xutiott ar after tectvdatiaer hereof. <br />37_ Traraer et tie 14e~syt boa. If ale ar any pan of the Property ar an interest thereia is sold or ttattsferred <br />l+ty Htamv+cr ,+ithtxtt Lesulc's print written canseat, excluding ial the aeatioa of a lien or encumbmiut sulsordinate to <br />tins Marrgage, )b) the crueia® of a putthase money stcuri2y interest for ltousrirold appiianets, {c) a transfer by devise, <br />descent s by opvatitm of taw upon the death of a iaini tenant ar id! the grant of any ItaaehaM interest of three years or less <br />not sg atr ~stian Fe purchase, Lender may, at Ltndd's apuan, tlcniatr all the sums secured by zhi: Mortgage to be <br />tnrdediateiy chic acct' payahk_ Leader sitsll haxY xaived such option ., accelerate if, prsor to the sale or transfer, Lender <br />atgi sex presort za wlxrm rite Pttapert, is to tx Bald t~ transferred teach agtettntttt ir. writing that *,he credit of stub person <br />s t~on• io I.euder attd that the uxtnest pa}•ahie nn the sums enured b}• this Mortgage shall ire at such rate as Lendtr <br />' shag tegtest, i Leader has waived the oprian as aaxkratt pn„•ided in this paragraph 17, and if Bottxrwcr's sucrzssor in <br />ieaertat ;~, escc~f a wrir~ smart-mss t acxprtd in x7irirtg b}• Under. Lender shall rt3case Harrower from aB <br />otsli,Eatraes trs~drr rtes I+iort~pe sad the F3att <br />i€ Leer a such optiao to ac»t3era€t, Ltihier shall mail Borrow•tr si~ice of acukration in accordance with <br />Qr•Rgt7g+h 7.1 htaee:f_ Srad: noriu shag prrnidt a polled of oat ]tss than 30 da}'s tram tttt date the notice is maned within <br />sr~ich Hc3rawer may pay the sites declared dtte_ If Honoxxtr Eels to pay sirrb sums prior to the expiration of suds period. <br />Lmiid~ stay, witltnpt froths tsa'ice ~ demand ern Hornaxrr, invoke any rernedia permitted by paragraph i g hereof. <br />Nib-U~€it'tat;a Ctn'€.~a*tas. Btrrower and Lendtr iurthar covtttam and agrce as follows: <br />If. AccderaNar,1 Etrtgtt w lrrevideri ie paaF~ 7? baeof, y.Pow 3nrrow~s ireach of trey coreaaat m <br />aRatwatw ai ~riasrtaFee i~ ~ . ; tkt tastsasfs Irr pay seAes dse sav srsss stct:red by rile i~3oriE'+~= <br />Lewiv gldrr L ambadw td-a# art satire as Eorrewer ~, presided is parapaglt 14 hernrF apetifYlggt (i- tlae tareacb; <br />!~ $e acRs aerpLd M ewe oral heaati; 3t a date. cast irw dram Mt days Eras the dau the eietitY 6 mailed m lt<orrower, <br />ig uelit!- seer iaeaelr acct life ewd, sad Ni mar Mare w tare sash 6esae! ea a 6efare the dare aptti5ed hs the sotke <br />erg wadi i. acesiraBw olr lie ass soc.aed S3 uis MartHa;e, forttdosare by iadkid proteediat and sde of the rropert}'. <br />I3e sttdke Y 3taArt¢ iaiasw lgaes~ of ~e rS~ to nice afrtr accdaauoa aed fir right w swat im fie Fore faeL,sart <br />~ssoapiilg tae arasideaoe of a ila&ala sr arty dater deleaae of lirsaw~er b aetdenalaa sad Eaxciawre. U tfse b:eaeT! <br />i eat tetra! as w Mfass ~e dsae s~diad i tiro aaticx, Leader st Lesder's c~[iao ssy declare ~ of the tt~ secured ~` <br />dtis to ie dw ad Pal's wYiad twfier tileraad sad tsay Eorecktse M P~~oL• itader <br />rCaB Tr eadl6ed >e ra8eet i seer gsseeettoq aY r•~eeaea at iateeloeuee. , itit oot IHe#ed tt,, coda of docamsatas)' <br />rrldsu, a1lWtaeM std tWs re¢aeLL <br />~ lls[tsaes'a ~ fa '7~fdt Natw~satanding Lender's acceleration of the sums secured by this Mortgage, <br />Hox7aw~ret shall have lire tilt to have any pinaeedings ifGgtrn by Ltrtder to enfarcc this Mortgage diuontinutd at avy time <br />