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79--~ $DO'?`24~ <br />Lender's writter. agreement or applicable taw. Borrower shall pay the amount of alt mortgage insurance premiums in the <br />manner ptvided under paragraph 2 hereof. <br />Any amounts disbursed by Lender pursuant to this paragraph ?. with interest thereon, shall become additions'. <br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such <br />amounts shall be payable upon notice from Lender [o Borrower requesting payment thereof, and shall bear interest from the <br />date of disbursement at the raze payable from time to time on outstanding principal under the Note unless payment of <br />interest at such rate wovid be contrary to applicable law, in which event such amounts shall hear interest at the highest rate <br />permissible under applicable ]aw. Nothing contained in :his paragraph ?shall require i.ender to incur any expense or take <br />any action hereunder. <br />S. fnspectioo. Lender may make or cause :o br made rtasonahie entries upon and inspections of the Property, provided <br />chat Lender shalt give Borrower nMice prior to any such inspection specifying reasonable cause tfierefor related to Lender's <br />eterest fn the Property. <br />4. Caademnatlon. The prxteds of any award or claim fee damages. direct or consequen[iat in connection with any <br />condemnation or ocher taking of the Property. or part thereof, or for conveyance in lieu of rnndemnation, arc hereby assigned <br />and shalt bt paid to Lender. <br />In the evens of a Mtai taking at the Property, the proceeds shalt he applied to the sums secured M' this Mortgage. <br />with the excess. if anc, paid to Borrower. In the event of a partial taking of the Property. tmiess Borrower and Lander <br />etherwist agree in writing, there shalt he applied to the sums secured bx' this Mortgage such pmponion of the proceeds <br />as is equal to that proportion which the amount of tfie sumo secured by this '.fortgage immediately prior ro tht date of <br />taking braes ro tht fair market valor of the Property immediately prior to the date of taking. with the balance of the proceeds <br />paid to Borrounr, <br />If the Property is abatadened by Bormuer, or i f, after notice by Lender to Borrower that the condemnor offers to make <br />an award or settle a claim for damages, Borrower faits to rtspond m tender withir. ;o days after the date such notice is <br />mailed, Lender is authorized io coTleci and apply' the proceeds. at Lender's optinn, either to restoration or repair of the <br />PNLrny or [n the sums stcured by this !lfangagt. <br />Ltnias ixnder and Borrower otherwise agree in writing, arc Sufi application of proceeds to principal shall not extend <br />or pastpoio the due date of the monthly installments referstd to in paraeraphs 1 and 2 hereof or changt [fie amount of <br />such instailmeiats. <br />18. Borrower Nat Rr}eased. Extension of the timt for payment ar modin'ca.ion of amortization c f tht sums secured <br />by this Mortgage granted by Lender to am' successu in interest of Borrower shall not operate to release, in anc maniatr. <br />the 3iabil#ty of the anginal Borroutr and Barrcwtr's succusors in interest. Lender shag not ht regvirtd to commence <br />prxes+~ings against such suecesu>r or rtfust to trttnd time for paymtnt or olhtru'ISt modify' amortiration of the sur~rs <br />secured b}• this Mortgage by season of anc' demand made b~' the original Bormwtr and B. nou•er s succcccon in interest. <br />lf• 3toritarmee iy Leader flat a Rairer, .4tH' ferbtaranct h}' Ltndtr in exercising am' right or remedy htttunder, or <br />c+therwisr. afforded by apptiublt law, shall Hat he a waicrr of or prtclvdc the exorcist of any such right or remedy. <br />Tlat pra,aremmt of instuance az zhe paymtnt of taxes or other liens or charges b}' Lender shall not be a waiver of Lender's <br />right to acatierait 2ht ma?Urih• of the indebtedness secured lay this '.mortgage. <br />72 Reex~ss G~mnhttFTe. All remedies provided ir. this ?mortgage are distinct and cumulative Aa am• other right or <br />re:nrdv under this Mortgage nr afforded by tau ar equiR•, and Tay lee exercised cancurrtnth', independently or sutt-essively. <br />13. Sarcesees seal Asslgas Bosad: 3e~t asd Severe! {-is6Bit3'; Captions. The covtnanis and agreements herein <br />conrnintxd shall bind, and the rights htrrundtr shall inure to, tl~e respective successars and assigns of Lender and Bermwer, <br />subject za the prosi4tons of paragraph i? he~tof. All covenant, and agreemenu of Borrower shall bt }Dint and stxtiral. <br />'2~ae Captions and loadings of liar paragraphs of this Mangagr are for com•erience anly and are not to he used to <br />inxerprei or de$oc the pmvisiaric hc.tt,_f. <br />I!. Votite. Ettctpt for any nonce ttquiresj under applicable law to bt given in another manner, tal any notitt to <br />$onoacr prrn'ided for in skis Martgagc shall bt giytn by mailing such netict by ctrtitied mail addressed to BarrouYr at <br />the Propem° Address ar at such other address as B.im>uer neat designatt by realise to Ltndtr as provided herein, and <br />tb1 an}' noact to Lender shall he given by ceni°rd matt, return receipt regtxsted, to Le-nder's address stated herein or to <br />sacra ether address as Leander may' dtsigtaate by Hoare to Be~'mavtr as psovidrd herein. An}' natitY provided far in this <br />MtBtgage shall hr drtmed to have ban given to Bsirmu•er or Lender when given in tht manner designatcxl herein. <br />15. Itaifere RiwxgaBe: Gomm Lan': St•'errt~t?- ~lltis form of tno;tgagt ~. mhines tmifcam cccenants for national <br />use act: nx-~-uniratxts rorenants xitlr limi€ad variaxions by }urisdiction to rnnszitute a unifamt srsunty instrumrtrt rnvering <br />rta3 properrv. This Mtxrtgagt shall be gavunrd by the Saw of the jurisdtCtion in u'hicfi the Pmprm• is located. In tree <br />event that any pn:visiort €x ..-lavst of [.Iris \4arxgsge or the Nett n>nfliCts with applicable law, such conflict shall Hat atfi"t <br />zKLaer pravisinns trf this Mortgage er the Noce which can be given effort without the conflicting pmviston, and to this <br />end the provisions of the Martgagt arsd the 'Vote alt drCiarnd to be sevtrabk. <br />1r6 ]tatrswer's C-tt~r. Barmtr'er shall bt furnis}ic3 3 rnn#armed cope' of the Nnte and of this ?~inrtgagt at the time <br />of ~e~a ar after ruu:datictz hereof. <br />17. Zkaad~ of fie 1Peayxety: fins. If all er an} ;.xan of the Pn~ptm• ar an tottrcst therein is sold or transferred <br />by Hcv*oraer without LtndC's prior aurittcn rnment, excluding {aa the crratian of a hen or enctunbnncx subordinate to <br />this Mortgage. (b) the citation of a puti:hast manly security inte.~'cst for houaehald applianixs, icl a transfer 6}' dtvist, <br />destxmx :Yr by operafioa cf law upcua flat death of a jamz xenant car tdt the gram of am leatthald intrrtst a# three years ar less <br />not :nHtaiaietg an ~~ption to purchase, Lender may, at l.endrr's npt;wa. dtrlarx a31 *,ht :urns soured by this 3iottgage to be <br />immediattly aloe and payable. Lendu shalt haxt uaivtd such oprcicr. to a:•Crlerate if, prior to the sale ar transfer. Letrder <br />asd tie pcssast to zcfiom the Prtspeny is to tt saki nr trattsfrrrrd mach agrrzatarnt in writing that the credit of such person <br />is tatrsfactor} to Ltnder and that ihr mttrest payable ore the sums se:"tared b}~ this bturtgage shall be a[ wch raze as Ltndtr <br />slssll ff Lem-lu has x°aivtd :~ r-pion t.> ac~ltraze p coxidrii ~a *,his par,~ra~ l?, and if Bcrrawtr's stt;xxsst r in <br />__" ty~~~t a avrit~ ~"`-°Ft-~ aegr~ttacnt ac<~pttd in wnung by Lender. L.~ider shad :eltast Borrower fratn al! <br />ahligatims asnder this mortgage aced tie Note., <br />]f Leerier a°.rtriscs sgasa., ~icm to ax_?c.~ze. Ltn.i~r st+.=11 mail Bttrrawer not=~ of atcekranan in accordance with <br />p~arap:pia 14 hettof. Suds r..%ice shal# pr:.vidr a peeled of n.~t Foss than .l@ dais fr>rn *.#x dau tM netict is mailed within <br />sc'hida $aemvvtr may pay the sums detiard due. If Barro>Arr feels re pay such coma prior to the txpiration of such period, <br />l:etadtc ~slr, veithoan further aniitt w demand c-n Barr'wxr, rnvolc any retzu+dits permitted by paragraph 18 hereof. <br />T;ort~,Jrnfrnest LbvErtsa~ts. Hturw~cr and Lendcx further Ct~x~enant and agree as foilc+svs- <br />]]f. Amiet>ba~ Reaeiiea. 1Faicepl s Pro+iied ire }~a~it I? iereof. rpof Borrauer's irati of any eoseaast nr <br />r d Bartureer is Hal Mme, isciaadisaR use cos-raaots to Pau sviee rise sus coax strautd iq tits Marijaee, <br />Iaatlet Pfior tb seerl~ alv8 ~ as>bce to liorro*•er rs provided is pargeaph 14 tiered sPatifyiag: (11 tic 6raeh: <br />fit lie altiliau reaPvaed is lie rei hrasda; iii a date. aoi iris t~ 3S Cay~ f~ ~ dot tit aottct ~ as~led to Borrower. <br />hy' ,•hlsi arsck hsatsti swi Tie erect: ad (iI nut f~ise ~ care asst hetath as or 6efare tie dau sper~ed is the aotke <br />guar uaadt b aadesaRos a# tie coca aeemfad bs tfiai MoefRa6e, forecioesre iy jadiciai ProceediK sad sate of the Proptrty. <br />71e r~ee ddi iafesr Brrswer d ~e r16lN ~ reiasllke after xcderatbs cad the rf;b[ to avert ~ tie foreclossae <br />PrrsuiaB fie ass~nce d a defash or asy Drier dr{eese sf Botrswer to att¢leraaoe acct faraecMsan. )tf tbt breath <br />k aaW erect a ar belste fie dsie lpeddod rs E6r aeace. Leader at Lesder'c nP6on axay declare a@ d alt states secured by <br />8is >o Tte d5 &K a~ le7~ s'Bhart furrier demasd asd may fortclass by jmllctd proems. Leader <br />lay Ye saliyad to pert i sat prod ai eapesa[s d fotecit+cerc, isclediag, Est sat limped to, coats d documentary <br />evliss:, ahaiac~ acrd tkie <br />ii Yltit b AeSrtstre. Notwithstanding Lender's acceleration of the sum: secured 6y this Mortgage, <br />Botrtra+et shall lure the right sn have any prnZe~in~ begun by Lender to enforrt this Mortgage discontinued at any time <br />