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<br />Lender's written agreement or applicable law. Borrower shall pay [he amount of all mortgage insurance premiums in ?he
<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 seared b}' this Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amounts shall be payable upon notice from Lender to Harrower reque<_ting payment thereof, and shat! bear interest from the
<br />date of disbursement at the rate payable fram time io time on outstanding principal under the Note unless payment of
<br />interest at such rate would be contrary to applicable law, in which event such amounts shalt bear interest at the highest rate
<br />permissible tinder applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take
<br />any a„^tion hereunder.
<br />8. laspection. Lender may make or cause in be made reasonable entries upon and inspections of the Property, provided
<br />that Lender shall give Harrower notice pricer to any such inspec?ion cpecif}•ing reasonable sauce therefor related to Lender's
<br />:vterest in the Properh•.
<br />9. CoaaMrrtna8oa. The proceeds of any award nr claim for damages, direct or consequential, in connection with any
<br />condemttatiar. or other taking of the Propem•, or part thereof, or for conveyance in lieu of condemeation, are hereby assigned
<br />and sbatt be paid to Lender.
<br />In the event of a total taking of the Propene, the pra-eeds shall be applied to the sums secured by this 34tortgage.
<br />wish Ehe extras, if any. paid ?n Borrower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />athertvise agree in writing, them shall be applied in the sums secured h}• this iliortgage such pmportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this 3fortgagt immediately prior to the dale of
<br />taking bears to the fair market value of the Pmpertp immediately prior to the date of takine, with the balance of the proceeds
<br />paid to Harrower.
<br />If the Property is abandoned b}'^.orrower, or if. after petite h}• Lender to Borrower that the condemnor offers fo make
<br />an award or settle a claim for damages, Bnrmwer fails tc respond m Lender within 30 da}5 after the date such notice is
<br />mailal, Lender is a»ihor'¢td to collect and apply the proceeds, at Lender's option. either to restoration or repair of the
<br />Pmpttn• cr to the sums secured by this 11inrt¢a~e.
<br />Utiless Lender and Bnrtow-er otherwise agree in w riling. an}' such application of proceeds to principal shall not extend
<br />or pt>stpone tht due da?e of the incsnihly installments referred [o in paragraphs 1 sod ?hereof or change the amount of
<br />str<h instalh:tents.
<br />I8. Borraxvc Nat Released. Extrnsian of the tune for payment or mndificatinn of smnrtizatinn of the sums secured
<br />by this Martgagc granted by Lender to env srrc:~cs~ s in interest of Borrower shall not operate to release. in any manner,
<br />~ lia§r7it}° of L'te atiginai Borrower and &~rrwer's svteessars =:n lateral. Lender shall not be required to eomtttettce
<br />prit~.iTttgs agaiitsa such sutti~~r nr refuse to exirnd time for payment nr atlterwise mndit}• amonizatinn of t'tte sums
<br />secured by this ]kortgage by mason of any demand made b}' the original Bnrmwer and Borrower's successors in interest.
<br />ll. Forhnrarte Dv Leader Net a Waiver. .fin}, forbearance by lender in exercising an}' right nr reined}' hereunder, or
<br />otltuxrisa affatdtd by applicable taw, shall oat bt a waiver of or pretitidt the exercise of any such right or remtd}•.
<br />i}te procureanertt of insurance ar the pa}'ment of taxes or other liens or charges by Lender shall not be a waiver of Lender s
<br />rigfat to atxelerstr the taatutity of the indeb*.edtress secured h± tht< Mangage.
<br />12. Rt~ea&a ['~~~~ :U! rertudies provided in this !!ort¢age arc distintf and cumulative to any other right nr
<br />teme3s uttrlet' this Marigage er afforded by law nr equir}'. an3 ~tav be exrn:. iced concurrently, independently or succtssivet}•.
<br />13. Sresmas era Aa~ss Forced; laiat aced Seven! l.is+b~ty: Captiaas, The rnvenants and agreetrtmts heroin
<br />contained shag bier!. and the rights hereunder shaA iaurc to, the respective svtcessnn and assigns of Lender and Borrower,
<br />s:rbjeci to the provisions a# paragraph 1'. Ize.w:f. All covenants and agreetnents of Bormw•er shall br joint and several.
<br />The ~gtions and hatdiags of the paragraph of this Mongape are far convenience anh• and att° not to he used to
<br />iafterprrt ar dcPme the pmtnstt+res hereof.
<br />Id. Nattke. Eacept for any ts~ee t~vircd raider applicable law ro be given in another manner. ts) am' notice to
<br />l3orrea~ prxw-ided for is this ldongage shall be given by tnai!ing such tmtice by certified mail addressed [n 3nrrowtr at
<br />the Pn;perty Address or at Birch other address as Borrower may designate by notix to Lender as provided herein, and
<br />!bl anq noii>x is Lender anal! be given b}' xrti~ed mail, return rer-cipi regttesicd. to Lender's address stated herein or to
<br />such oHtes address as Ltadet may desienatr M notice to ?3tirniwer as pr.-+•ided herein. Any rnvice pmvidi for in this
<br />Morxg~gr shall be deemed to here been given to Barrawrr nr Lender when given in the manner designated herein.
<br />IS, C*ait~m l~ett~e; Goserai~ I~w; Sevesalti~h. This form of rnongagt cambittes uniform ces~nants far natiooaf
<br />taae atx° trtaa-ttrsifatm .x»mttattts with limiird vatiativts he juriuiictinn to constitute a uniform serunty insttv[rtent caverittg
<br />real praperty. This Iwlortga!e shall be gaverncd tw the law of the jurisdictitn? in which the Ptrpeny is located In the
<br />t'.Cnt that nay ptavisit*n ~ clause of this Mangage nr the Note cnnflitts wath appli^abk law, such cattflict shall ntu affetY
<br />palate prm'isitras of this Mortgage ar the ':ntc which ~n be given effect w•itham the conflicting pmxisian, and to this
<br />cad rht provisions of the Mart;age and the tiotz are declared to bt snuatsle_
<br />li. laerower's Ctrpy. Hortatw~tr shalt be fu: nixhed a uafnimed copy a{ t?te Nate and of this Mortgage at the taint
<br />oaf r~ecartit~ ar aftr-r mrrudatiott ht`_[cc+f,
<br />11. Trattder atf ttse : Aaarmpien. If cell or any part of the Property or an interest therein is sold nr transferred
<br />by $cvrotver t~#hout Lcnda's painr writtrn consent, esciudiitg ia1 the treativ'+a of a lien ar tncumbrartce subor3inatz to
<br />this Idor[Itage, (b) the creation of a purchase tacmcy sec-uriry mtera[ far hnusehaid appliances, ic) a transfer bg' dex-iro,
<br />descent ar by nprsation nI iew~ upon tttt dtath of a jeiat icnant v fdt the grant of any ~lcasehold interest of three years or less
<br />not atxitai$irg an o}ttiprr to ptnchase. Lrttdu may, at Lender's oprinn, datare tIl the sums sauced h}• this Mortgage to be
<br />iratnediaK3}* ~e acrd pa,}°ahh. Ltrrder shag ha.K waivod such nptian to a~z--tluate if, prier to the sale ar transfer. Lender
<br />cad the plasm to witttett the Pttgserty is m Pe sold nr ttansfernsi reach agreement in writing that the credit of such petsan
<br />is sarisfactpay us lender aced that the irsterest payable on the suns sxured by ibis Mortgage shall be at such rate as Lender
<br />slrsa$ ; If Isvder aaa waived tbe ap~'m to ataYierate pravaded in this paragrapl[ 3T, aced if Botreareis suc^xssar in
<br />iaLaest has ettaactaed a writma aastmrpzion agrtt ac:,~-pied in writing In Leasdtr. Linder shag rcleate Harrower front all
<br />under tins Maw amd tat Nate.
<br />3f LmJer .v...rv..~ Blear option to stxrlaate, Leader shall mul Borrower rto[itx of acceleratitxr in arcardattce w•itit
<br />paragraph 23 tteroof. Stteh notice shalt ptaxide a aeriod of ix+: less than 30 da}'s from the date the trotite is mailed within
<br />at'i>r§ Borrc~scr atay pay the auras dstared dare. t# Barrawrs folk ro pay such sums prior to the expsration of such period.
<br />Laatdet may, aiti>~t ftether tsatice ar denatid cell Barrowtt invoie any rt'nxdies permitted by paragraph l3 hereof.
<br />Neat-Lfi~tciax Ct~.vt+~•s. Harrower ate Lersder furt_tt4r covenant and agrtx as follows:
<br />li AsodenNa~ lilssais t6~ >6 prasiieiat paragtagth l3 lsersad, t~ Earrower's Ixsach of aces eovenaat or
<br />t cell 1 B tiJa Bad the eovessets m pry .+tsra d~ acs seas xetsred h7' dal9 Mett~a,
<br />Lanier pttBa B aee~aalitta cell!! awl aeakx M Rerrewa sr pmvitled is paragraph t4 faereof specUyitsg: fl) the breach;
<br />tlla asgaa !a ssa sari . !3y a date, net ~ µ°~ 39 days Iteta tlfs dt~ the aMke Is ra8ed b &errower,
<br />-y ataiel aaaL tfteaacl taaat !t caaeatq aced Nl its iaiara ~ sate teas! faaeax•1r m ~ taeltut the date specked in @.e rotlce
<br />iq ceadls aeatrt d Re aaara aeavrasi bg t1siF Mare, Eateeiaa®e tas pesrt and s`aie e< the Paeperty.
<br />2tte aatira alati tastier ittors iaesazrrer of ilte ~ m ts~ta afher atcelertttloa aced flat right to atrert B the foretkrrro
<br />jtwa'aeiq tlae art-~iiaaoa o~F a dda~[ et• arts MLer dew of Bnraawer to acceleration cad foteciueare. H toe Areaeh
<br />B eat etaeatt as s< taebx tae Date apes3Rei is iYa atstim, Isaiv ~ Lender's eptdaa may declare >~ of the recce ttectnad by
<br />111a B 1k Jae and paQaLk wiila~ fmWer iemaad ate taay ftircrleae by jtbdlelal proeeedirg. Leader
<br />ahatil (ae atsJt3ed B ax~ieet ri attd[ ptataatihq aH espt?tsas of feraeiesare, iaclodutg, bm not tm>hed t0. casts of doeataeatary
<br />asiietaoe, attt~attir art tt®e repas4.
<br />I!, tiaeeaHeda >ii<Yt B lideaFafe, Natwithswading Cinder's acceleration of tlfe sutras scoured b}' this Mortgage,
<br />Barvasr abet! have the right to have nay proceedings begun by Lender to er_force this Mongage discontinued at any time
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