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Lender's written agreement or applicable taw. Borrower shall pay 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 addi(ionat
<br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and [_ender agree to other terms of payment, ouch
<br />amounts shall be payable upon notice from Lender to Harrower requesting payment thereof, and shall bear interest from the
<br />date of disbursement at the rate payahie from time to 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 shall bear interest at the highest rate
<br />permissible under applicable law. Noshing contained in this paragraph 7 shalt enquire Lender to incur any expense or take
<br />any action hercundcr.
<br />g. Iuepecdon. Lender may make or cause to be made reasonable entries neon and inspections of the Property, provided
<br />that Lender shaft give Harrower notice prier to any such inspection specifi•ing reasonable cause therefor related !a L.ender's
<br />interest in the Propeny.
<br />9. Condemnation. The proceeds of any award or claim fnr damages, direct or consequential, in connection with any
<br />.~ondemnatian or other taking of the Property, er pan there, f, or far conveyance in !feu of condemnation. arc hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall he applied ro the sums secured by this Mortgage,
<br />with the excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />atherw~ise agree in writing, there shalt be applied to the sums secured by this Mortgage such nroportian of the proceeds
<br />as is equal to that proportion which the amount of the sums secured M' this Dortgage immr~iately prior to the date of
<br />taking brans to the fir market value of the Property immediateh• prior to rtes date of taking, with the halance of the proceeds
<br />paw to Borrower.
<br />If the Property is abandoned by Borrower, er if. after native by Lender to Rarrawxr that the condemnor offers to make
<br />an award or unto a claim for damages, Borrower faits to respond to Lender withi^ ±~ da}~s afiter the date such notice is
<br />mailed, Ltttder is authorizett to collect and apply the proceeds, at Lenders option. either M resroratian nr rcpair of the
<br />Proptrrv ar to the sums secured by this Mortgage.
<br />Unless Lender and Bomwxr otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />ar postpone the due date of the tnanthly installnems refuted in is paragraphs l and . hereaC ar change the amount of
<br />SaCtl instalimrnts,
<br />Iii. Borrower Not fittieased. £xiensian of the time for payment or modification of amortization of the sums secured
<br />hg this Mortgage granted by Linder to any successor in interest of Borrower shat: oat operate to release, in any manner,
<br />the liabzlity of the original Hotrowxr and &-mower's succes:.ars in intuest. Linder shall not he required to commentt
<br />pracredings against such successor a: refuse to extend time Cer payment ar otherwise mndify amanizatien of t}x sums
<br />sa-ured b}• this Mongagt by trasan of any demand made by the o,^:ginai Borrower and Borrower's successors in interesr.
<br />if. Forhearaoce by Leader Not a Waivx. Atrv forhearaacr by l.endrr in exercising any ri¢ht ar remedy Ixrcundtr, or
<br />athtrax^se affatrled hS applicable law, steal! net ht a waiver of ar ptxcizadt the extrcise of am such right or remdy.
<br />The proctirrnttni of insnrantx or the pa~•mtnr of tails or other liens or charges h}' Lender chat! nest be a waiver of Lender's
<br />right to ac.Ylerale the maturiig of the indebtedness cecutxd by this Mortgage.
<br />7? Remedies CashtBve. rV} remedies pmxided in this !ltortgagt are distinct and cumulativx to as}' other right or
<br />rx~aedx• seeder this Mottgagc or a$arded by law ar tquin-, and may he exercised concurrenih•, indet-etndenth~ or sttcctssiveN.
<br />13. Sreetssses trod As~gss Berard: tutee ad Secxtal [.iahi6tyt Captious. The covenants and agreements herein
<br />taxttainrat stroll hind., and the rights httxutxitr shag inure to, ti.t rapcv-ti.x sza-cessors and ascigas of Lender and Borrower,
<br />subjtaG to the prov"zsians of paragnph 1' trrcaf. All covenants and agrrtrntnts of Harrower shall be tutor and sevenT.
<br />7be tapSiotis sad headings of the paragraphs of this Mangagr arc for convenience onto and are not to be used M
<br />irstetpret cx dc5ne the provisis~us hereof.
<br />I1. NaRice. Esxpi fix any aorta rrgatired tutder applkahlr !aw to ht given in another manner. tat any notice fo
<br />°cxrtvscer provided for in this Mattgage shall he givrn by malting such notice by certified mail addressed to Bonxtwer at
<br />ilre Property Address or at such oiiscr address s Bartx,xxxr ma}' designate b}~ notice to Lender as provided herein. amt
<br />fit) nay trtuitt io Lander shag tae given be cet-tifitd mail rrtum receipt requested, to Lenders address stated herein or to
<br />stitch other adtitrss as Lender rosy designate by noticr to Borrower as proxidrd herein. .4n}• notice provided #ar in this
<br />Martgsge shall itie derstttd to itaxx born given tr Harrower to i ender when given in the manner designated herein.
<br />f3. L;aifars• C,orsrmatg Laxr; $entrsai~y. This form of mangage combitxs uniform eavenants tar national
<br />use atsd tmn-unifa.:trt covenants with 3isrrted xaritLitvts by jurisdicti.•ue to c~astitute a uniform seruritx' itmrunxnt coveting
<br />t[ad ~ '13iis Mortgage shaft bt governed by the !xw of the jurisdi~~iaat in u-hich the Prepenv is located. In the
<br />exrerrt that any provision ar datzst of this Martga$e ar the 1:we ccxtfitcts with applicable law, such cartlict shall tent affect
<br />o~ pt~cisions cd lists 3Jlottgags ar the '.+:tm wits=fa an be givrn ttfr.t without the rnnflicting provision- attd to this
<br />coat tilt prox;"siaas of the Mottgagt and the ti.•xe art dulared to he sxverabk-
<br />fi. lietsewwer4 Capy. Bttrmwer shaft M furnished a . anfarmed copy of ter Narc and of this Mortgage at the tiau
<br />~ trm.:n ~ afs~ _*ecctx[ata~+ h~xf.
<br />I?. 3'taadet of tt# lf'rapatj: . If alt .sr any loan of tlx Ps:~re:ay cr an inu*cst therti_n is sold of transferred
<br />Borraurr withxtu Lerttier': prior wziurn ctutseot. ezcrlarding tai the trra*Y+~* of a testa ar etrctunbrattct sutxudinate to
<br />this Mort;age, i2+) i#ae cttiatitm of s purchase moue}• stn-trrit} interest fnr In usthoid appliances, tot a transfer by devise,
<br />destxtrit or iy apcrarian of !aw opal [ht death of a j^.int tttsaat ax idt the gran; of an} Iessehold interest ai three }rats or less
<br />tsa tranYainhtg nit v-grt~t to ptttthaar, Lender ntay, at Lrttder's t~ptiavz, dtciarc a!I thn sums saurcd by this Mortgage to ire
<br />iefraediatcly due artd payal+k. Leader shall havx waived retch ivpzim to acxkrate if, prior to the salt ar transfer, Lender
<br />and tine ; tit whtxn the Prtgtcnv is to be sold or tramfrrtrd -ra:h agrxtmtnr in writing that the credit of sztch person
<br />is satiafacu+:'y to Lender sad that the irrtrrtu payable an tint sum: soured h} t!zis M: ngage shalt be at such rate as Lender
<br />shall tcetttest. 1f I..mdtr Isis waived the nptinrt to a;•t'~kr„tt pmxided m taus paragraph l7, and if B.irmwer s ~sccesxtt in
<br />ie~H iuec taA'atttd a rriRitrt aasurt.}+ti~ ageersent asepted in waiting iw Lander. fender shall rxfeast Batrower from all
<br />sahligatir~ tmt3er tlrss Mrrasgag a~ t~ Noe.
<br />L` Lesdtx eaerc'sses wash c~psi©ar w acxxlQata, L.crrder shall mail B.~rrowxr notice of acceleration in accordance with
<br />f ii les+dsi_ Stmt saline sha19 pravit#c a period of az,t Kss than 3D da}~ from the date the notice is mailed within
<br />tw~§t liattow~ may pay the sleets dalated due ]f $otrawxr faits to pay su:h sums p-iar to tilt expiration of such period.
<br />Leerier esy, wttiawi frrrtlrer nLttrre ar demartd .ut ~-rr. wen. mvt,i:e an} remedies permrsied br paragraph ; B hereof.
<br />iti~iont-L€Ntt~t~un Ca~v~taaa'ts. 9at'rets'rr sad Lender Turther caa~enazt oral agree as tollau~.~
<br />fi Aotdesaalast; fdteaetim. lEasept a pntiid is parasrap`Y 17 hereof, ttpas $orrowds hrtach of any coveaaot ar
<br />>perasatt of ltarewer is ewe's me ooceeasrg W pay when doe sac tares ttcarcd hJ' this Montage,
<br />Catalan R~ Y t+r'edeat~ae dtsB seat sat"see >e'errsrrer ac prowidtd H panterapit Ii htusof ttpceifyia~t: iii the breath:
<br />(~ she treeless K a,.se ear'h haeseLs tai a ire. sst teas theses 3o days cram the doer the soli c~css ma0ed W liarmrrer,
<br />hs atitiiei ash iaNai ant Is sad: ttati 1+f- r3tt €aiea u see ttsrh 6resris mil ar before i1e dst+e r~te+eihed is lice tastier
<br />atttry salt alt si it aws acted b tlhb . foraciasen h' pwiicial pnateedittt sad aaie of the Property.
<br />7Le wrtlice tltfl AsslMer ieTaarrt)Aaassrrrs sf rtes dRk as reiastale after aeedermima attd the right !o assert ie die Eeteclosee
<br />ptteaataflttt. Ae ~a # s drdaaR a as! actor drfaae sf Roroswer m >.teeieratiea atsd torecbsure. If the breach
<br />i axes bead am a ia>Ettrtr tlae its >~ i! the aetice. Looter as Lesdn's aptaso may declare sB of the set8s second by
<br />titer #aAa ataatRartiy de asd p~alrir w'hhasi Esrtite: demad and may foreclose by jrtdiciai pmteedfeg. Leader
<br />y~ he ettBNed a rsilhtt# is aas#t trA t>epesres of forsttosare, aacit.~at, hat as limited t0. costs of documentary
<br />aviietace, airWncMt sat title rapele
<br />1i 1•aaaaar~a ~ M Ntatwithstandirag Lenders acceleration a( the sums secured by this Mortgage.
<br />Hrrrarrwer sistsH )salt the light to have any prcxsedittgs htgun b} L ender to enforce this Mortgage discantin.ted a[ any time.
<br />KSB-Form to, Page 3
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