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7~° t~i723~ <br />Lender's written agreement or agplicable law. Burrower shall pap 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 become additional <br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such <br />amounts shalt be payable upon natice from Lender to Borrower requesting payment thereof, and shall bear interest Erom the <br />date of disbursement at *,he rate payable from time to time on outstanding principal under the Nate unless payment of <br />interest at such rate would be wntrary to applicsble law, in which event such amnunts shall tzar interest at the highest rate <br />permissibk under applicable law. Nothing contained .n this paragraph 7 shall require Lender to incur any expense or take <br />any action hereuadu. <br />& IaspeeHos. Lender may make or cause to he made reasonable entries upon and inspectior:< of the Pmpem•, provided <br />that Lender shall give Borrow-er natter prior to any- such inspection specif}'ing reasonable cause therefor related to Lender's <br />z.~terest in the Progeny. <br />9. Ceade®astlon. 'I7te pri3teds o.° any award c claim for damages. direct ar consequential, in connecticr. with any <br />condemnatior, or other taking of the Fropem'. or part thereof. or far conveyance in lieu of condemnation, are hereby asdgned <br />artd shall be paid to Lendez. <br />Fn the went of a total taking of the Fmnerty. the proceeds shaii be applied to the sums secured be this Mortgage. <br />wiL't L'tr ex`^ess. if any, paid to Borr.^xyr. I+x the event .~t a partial taking of the Prepem•, antecs Borrower and Lender <br />otherwise agree in writing, then shall be appSird to the cams secured b} this lfortgage such proportion of the proceeds <br />' as is equal to that prapartioa u'hirh the am<~unt of the some secured by this \lartgage immediateh~ prior to the date of <br />?along bears to the fair market caltx of the Pmt~+em immediately prior tc the date of taking. with the balance of the proceeds <br />paid to Borrowtr. <br />Ff the Property' is abandoned by Sarsower. ar if. after notice by Lender to Harrower thst ?he condemnor offers to make <br />sn awatxF ar settk a claim far damages, Borrower faits to respond to Leader within ip days after the date such natice is <br />mailed, Lcttder is autharized to a~l}ec? and apply the proceeds at Lender's option, either Io restaratian or repair of the <br />Propem or to the sutiss secured by this Merteage. <br />Unless Leztder attd Bortvw•er aiherxvise agree in x-ritirg. any' such app!iration of proceeds to principal shall not extend <br />ar P'stR~ix the due date of the rtx+nthh' installmenu referred to in paragraphs 1 and 2 hereof or change the amount of <br />such installments. <br />16. )seriotree!' NW Ltt3asi. Exict>sian of the time far payment ar midification of amortization of the sums secured <br />by this Me;igage grslr[tt~, by Leader to env su+:cresor in interest of Borrower shall pat opernte to release. in an}' manner. <br />tlx liability c+f t3x.wigiad i}arwxer and Borrower's successors in intrust. Lender shall not be required to commence <br />pn,c~d'mgs against such saccessnr or ufuse to extend time far payment or atherx~ise modify amortization aF the sums <br />secured by this hlartgege by reason of any demand made by the original Harrower and Borrower's successors in int*_rest. <br />I f. Foabeartuce by Leader tat a R'dvrr. Any fat•teatarcr h}' Lrndrr in exercising am' right ar remedy heuunder, or <br />cuhrrwise afforded by applirahk lax-, shat! not lrr a waiver of or p,-erlude the exercise of am' such right or remrd}'. <br />The praruteturnt a# irrsuratttx ar tht payment of iazts or other liens or charges by Lender shall pat t+e a waiver of Lender s <br />raghi to acxhrate the taaturity of the indebiedrtecs secured I+y zhis Mortgage. <br />12. iRewediG4 C®railafire. A]3 umedirs provided ir, this Mortgage ate distinct and cvmuiative to any e[lur right or <br />remedy nodes this Mortgage ar afforded by lax or equity, and „ay he exercised concurrently, independently or successively. <br />33. Ssctestcars sad Ash Booaak lost astl Sexual I.iaMBty? Captious. lltr covenants and sgreemenm herein <br />amtained shag hind, and Lhr rights hereurdtr shaii inure to. tlx tt_cpertire successors and ascigtts of Fxndrr attd Borrower, <br />subject to the prorisiaas of paragraph i"' hermf. Ali rnvYnants and agreements of Borrower shall be joint and several. <br />Tht captiaas and btadiags of ihr paragraphs of chi: Mortgage are for canvrnirnce only and are net to be used to <br />ittterluet ar define ibr procisis,ns trt~,f_ <br />Id. Notice. Fsu~ for nay tsatice required under appticabk law to be given in another manner, !sl any tmtitt to <br />Ha:rawsr provided far i3t this Mottgsge shall be given by matting such ~•atice by crrti5rd maid addmsed N Harrower at <br />iFx Pmpem Address or at stxh other address ss B. mower may designate by natice in Lender as grovidcd huein, and <br />Chi any [sobs to Lender shall k gixett by cer;.5rd mad, rctum receipt uquessrd. m Lender's address stated herein ar to <br />sttcti other address is Ltixler ma}' designate by notice to H~irmw~tr as pm+'ided herein. Any rx lice provided far in this <br />Mortgage shag be dnttned to have bertr gix^ett to ]iarn,a~er ar Lrttder whoa given in the manner designated herein. <br />It. L'dLr~w Law; Sexerabi~s. TFzis tatm o€ mortgage ~-imbirrrs uniform ce~tnants far aatiana! <br />txse and aaa-utifatm r,vennats v.ith limitrzi xariati.~-ts by jur'ssdirxian to ti*nstzture a unifattn Bunn' Instrument courting <br />itxl propem- Tats ldartgage shall be governed t+y ihr law of the jurisdirrirn in which the Property is located. to the <br />rwrxrx tltnt any provision a' clause of this Mortgage rr file Nate conflicts with appliuhk law, such conflict shall oat affect <br />Miser provisions ~ this k6ottga~ge ar the Natr which ran be gix'ut c1la:t witlh,ut the conflicting pro'ision, and to this <br />end tIx pravisicuts at the Mortgage artd 8+c '`zur are declared to be sevtrahle. <br />It6. iorrawer`s Copy. Barsawra shall Se fttraistxd a canfarttud .agy of ilx '.vote and of this Mortgage at the time <br />of rz~t ~ after t~asds~ lxreaf. <br />14. Ttawl~ of lie If al9 or env part of the Property' ar as interest z]trtein is sold ar transferred <br />by' Horrcaser without Lender's prior a~rittrn cottseat. exrSuding tat ihr rrraiion of a lien ar encumhratn-e sulroniinntt to <br />this IdatafrµY. lhi the creatiatt c~ n purchase taatzrv snuri[y interest tar household app?lances. {c1 a ttansfer by dtvise, <br />desxnt ar by operation at law upon the death of a }oral trttan? . r tdf the great of any leasehold interest of three years nr less <br />ttM aoatsiniag an oP~+ to purx3tase, Lender may, at Lender's aptia,n, declare ail the sums secured by this Mortgage to tx <br />immtdiatelp due and pays6k. tender shall have w-atved sz;rh oprian to a~•-.-rkrntt if, prior to the ssk or transfer, Lender <br />t~ the perx~n to wham the Prt•+grert*- is to hr Bald ~ trar_sferred isach agtrrr~m in wrong that the ct~tdit of such person <br />is satidactare to Lanier sad t3snt ter. interett payabk an Lhr sums rrcured by ?his Mortgage shall be a: such rate as Lendu <br />shall z- 1# Leers has vaisru3 ibc aptiaa to aracleratr provided in tins paragraph 17, a~ if Bartawer's surct3sz,e in <br />i isss rxecttted a wrirsra aaSiffitpti~t agtx>txtxnt sftrgtcd in x~riting by Lrndrr, Lender shall telrase Harrower from aB <br />abbyatiaes uad~ ibis Mc>txpge and the Nom.. <br />If F-rider ettr'rcisrs sa<h o}siaa w au~e"at~. Lrndrr shall mail Barraxe•cr zzot:,~ of actrkrattan in accordance with <br />psta~ds 14 iserr~of. Such parts shag provide a period of tau las than 30 daps felon the date the notice u mailed within <br />w4ti.-h Ito¢ttnsrr may pay tlx sxtas declartd dtae. Ff Barraw^er faits to pay such sofas guar to the expiration of such period. <br />Leadex loop, withar7t further natice ter deataad ar. Harrower, invoke any rrmtdits gcrmittrd 6v paragraph 18 hereof. <br />?Itttt-L'xtwax Cavfnisxrs $wxx„c~r a=~ai Lender furthtr wvennnt and ague as faitaws: <br />Ii. Acod > 1~s~ as peosided is paragraph f 7 6ereef, apoa ltortow•er's breath of nay roveaart or <br />tspwewraa at toaeorrer is ~ . iasela~ dse coseasots to pay whoa doe nay snm saxtrxd by thin Mortgage, <br />ldnr pallor M asxeiaatlao tai adl rsoice to tormser s provided is paragtr}It li 6creof speeIfyirg: fl) the bxeacb; <br />+Ig3 ~ trial ~. e~ ~ itaat•~ %;i a done, cad in>6 sea 3t daps lrow €br date the notice i s~iied to Bortrs*.rer, <br />try ssi4i ttaA 6aata3 teat be care, and #Ol IYat Lariwe fa ewe tarc6 fasac6 a+a or bdore t4 date sprcl6ed la the sotlee <br />~4 rwtsit i! aoedt:riisr al lie saws secwrd by ~ , farecloaare by jnditiW paocesdiag and tide of the Property. <br />1'he aatBee tint Liadiar liaLsaw trrrsv+rer d tlse rigY re erg ally arcelrratios and tie right to assert is tie torerlosare <br />. M~o+>~t tYe as•eaYRnse at a defait or nay other defense of terrorrer ~ aecekratioa sad Lorsxlosotr. )!f the breach <br />i trot ewal or ae !alone the dNe tpeciied is tl6r srrdcY. ietrdes at Leader's optioe rssy derbx i of tbs soma secured by <br />its ti k iarre~ately doe art parable erikiaat finrtber detasand [tad may foreclose by jttiirtal pnteeedirg. Leader <br />fiat Lae ea9lliei to catect Y tech pasreseryarg i txpeeara of fotetlrsnre, iadodFng. fret not Gssited to, cods o[ doenmerttesy <br />wiierne. ristract and the ~ <br />1!. toaradresas ~ M Ytitaltc NMwNltstanding Letxkr's acceleration of the sums secured by this Mortgage, <br />iLot'ts7si+a• shaii haul Ebe riight to have any proceedings btgtm by Lender to enforce this Mortgage discontinued at any time <br />