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Leader's written agtrement or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the
<br />manner ptoovided 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 shall be payable upon notice from Ixnder to Borrower requesting payment thereof, and shalt hear interest from the
<br />date of disbursement at the rate payable from time to time an aa[s[anding principal under the No[e 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. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take
<br />aap aMion hereunder.
<br />$. Inspection. Lender may make or cause to 6e made reasonable entries upon and inspections of the Property, provided
<br />ghat Lender shall give Harrower notice prior to snv such inspection specifying reasonable caace therefor related to Lender's
<br />ini~res2 in the Pnperty.
<br />9. Cetndernation. 77te proceeds of any award or claim for damages, direct or consequential, in wnnectian with any
<br />condemnation or other taking at the Property, or part thereof, ar far conveyance in lieu of condemnation, arc hereby assigned
<br />and shall Ix paid to Lender.
<br />In the evtint of a total taking of the Properly. the proceeds shall be applied to the sums secured by this Mortgage.
<br />wish the excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Harrower and Lender
<br />atherwist agree in wrtiag, there shall be applied to the sums secured by [his Mortgage such proportion of the proceeds
<br />as is equal to that pnportion which the amount of the sums secured by this Mortgage immediately prior to the date of
<br />taking bears to the fair market value of the Propert}° immediatey priar to the date of taking, with the balance of the proceeds
<br />paid to Hotrower.
<br />If the Pmpem• is abandoned by Borrower, ar if. afrer ratite by Lender to Borrower that the condemnor afters to make
<br />an award u settle a claim far damagcc, Harrower fails is respond m Lender within ?0 days after the date such natitt is
<br />mai}ed, Lender is atitltoti`ed to collect and apnh• the praceds, at Lender's option, either to restoration ar repair of the
<br />Property ar to the sums settirtd by this Mortgage.
<br />Urleg Lender and Borrower otherwise agree in writing. an}• such application of proceeds to pnncioat shalt not extend
<br />ar pustpotte ttx due date of the moathty installments referred to in paragraphs 1 and ? hereof ar change the amount of
<br />such inst~'.lmtuits.
<br />2{t. borrower Na Released. £xttnsion of the time far payment ar madificstian of amortization of the sums secured
<br />by xhis Mortgage granted by Leaatr to any six^cssty in irterrst of Bam~wer shall not operate to release, ir. any manner,
<br />the liahr7ity of the anginal Horn wmr and Harrawet's successc!rs in inierat. Lender shall not l+e required is commentt
<br />praceedittgs against suds successtu ar refuse to eaerd time for payment ar otherwise modify amartizatian of the sums
<br />stscitrtsd by this Mortgage by teasatt of anv demand made by the anginal Borrower and Barraw•eis sucrssnrs in interest.
<br />II_ Fw'bearsee 6s Leader Net a Waha. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded M appticaltk law. shall not t+e a wsivtr of or prei;.tde the exercise of any such right ar remedy.
<br />7lae pmcurrmerix of ittsuraace ar the paytnrnt of taxes ar other liens ar charges by Lender shall not be a waiver of Lender s
<br />rigla =a atxxlcraie tlx matunh• of the itidrbtrdttess secured b3• this Rtartgage.
<br />u fterie3es Ca~'ee. AU remedies proxided in this Mortgage are distinct and cumulative to any other right or
<br />trtxitdr trnrlQ this ?do>zgagr or affot>ied icy law or wiry, and mar be cxerciscd cancurirnHy, independently o- successively.
<br />f3. S~tetaaaas atoll ~ baurd; 3ois! asd Seartal Liab~t;; Capiiaas. The covenants and agrectttents heroin
<br />contai>xd shalt h'rtd, and the rights hercundrr shall inure m, the rcspectixe sucttssors and assigns of tender and Harmwer.
<br />std+~xt to the proxisiaas of paragraph 37 her~+f. All covenants and agtecmenis of Borrower shall be joint and several.
<br />Tlx capriares atxl htxditsgs a# the parngrapi,s of this Morigagt are far convenience only and are clot m be used to
<br />ititerptet or theme 8tr provisions ficreaf.
<br />It Aietiioe. Fatcr]tt far nay nutter required ttndcr applicable Iaw• 1n be given in another manner, {a} am- noiitt to
<br />Boauaav provided far is this Mangage shag be given by mailing such notice by certified mail addressed to Borrower at
<br />xlte Ptx+pctty #dr$ess or az such other atldirss as $arrow•er may desigratc by trotice to Lrtider as provided herein, and
<br />fhI any ttatice to Loader shall be given by atotiF°d mail, return rc~eipt raluested, to Lender's address stated herein ar to
<br />tau3t other address as irndcr may tiesignatr by rtatice to Harrower u provided herein. An} ne lice provided #or in thQ
<br />M~LaI'e stall Ix domed to have Ixso given to Iiarxrwtr ar lsttdcr when given in the manner designated herein.
<br />IS. LitilFersa 11(art~c; Gontala; Law; SrvrrabiRti. This farm of raattgage a~mbirtes uniform covenants far national
<br />use .sad isoa-uriftum ix~t•eoants with limited vanaiicxis by jurisdiction to constitme a uniform securil}• instrument covrnag
<br />era: praQesty. This Ititatgage shall be gm^erned l+y the law of abe junsdictiaa in which the Pmpertr is located. In the
<br />event rho*. oar pravisian or ,-Ittuuar of this iNa;tkeage ar the tiate canflius with appGrabk law, suds canBict shag not affect
<br />othv vxovisitsts of this Mnrigage ar the Nate which can be given effea:t without the conflicting pmcision, and io this
<br />enKt the pra+isi~ of the htatipge a~ ilat itiatt arc declared to be srxerable.
<br />Ii. l~Orsswer'c Cape. Sorrsutr Basalt let fum:slyd a cxztifottnrd copy of tls; Nate and of this Idortgagt at the time
<br />of e*~••~~ or after rati~a hereof_
<br />I]. Ttar[tr of fie 114a~}eef3; AaspGaa. If all ar any part of the Pmprm~ ar an intrust thtrreia is sold ar tratisfrrrrd
<br />by 13ortoaer w•ithwtt Ltrtda's priar as•nart•, catiseat, rxeludiag tai tbe rreatiaa of a lien or encumlatsts~ro sutwrdinatt to
<br />dais htlttxttttbse, fbl the ctrstiws txf a purchase minev snunta iatetrst #.x ltiusrhald siaplianecs, lcl a uansfes by devise,
<br />~t or by. apesalioa of law upon the death a# a jaim tttum tv (dt the grant of and' leasehold imemt of three years or less
<br />ttea txria~ia; as optirm m ptuchase, Leader aua', u Lender's optivt. dnlarr all the vats snared by this Mortgage to tx
<br />tfae and paYabk. Leader shall have waived such E~ttitet to accelerate if, priar zo t4u sale ar tnasfer. Lender
<br />arsd the person so whom xbe Frc*prrty o to he scald or itaasferrrd reach agtretnent iv writing that the credit of such person
<br />k sa~sc9tv'y xa Lennra an8 teat fhe s*tttre~ payable an the atfms severed ?~} this 3intii;agr shall be at €~~h rate as Leader
<br />~3t =agseS. If L l~ >~»rd +!ffi t+pti.~a x±+ ~x3ezats provided ;n this paragraph !7, and if Bcvrower's successor in
<br />iirerast4 hat taecteal a wr•ittea amasmptim agrremertt atxrpted in w-.itiktg by Lrndrr. Lrndtr shall relcagt Harrower from all
<br />ttada chit hfmtfs$e sad the Noe..
<br />Ii Lessder esereises sxrh aptitm to accelaatt., Lender shall mail Borrower natitx of acceleration in accordaatt with
<br />parapatplt Ii betas#_ S~tt3s tstititx shall provide a period a.° not less tixirt 30 days from the dart the nati+,e is mat7ed w%tfiin
<br />whi~tt brrra vc asay pay The sums declared tftte. if boTT+ow+er fails to pay such sums priar to the expitarion of such period,
<br />fs9dea may, wi~ots #U+ ihCS atNice ar etsmasd an Btarnew~r, iasxakc any tratidies permitted 6y paragraph 1 g hereof.
<br />Nra+t-IJw'snasr ~Seiarati'ts l~amcwver and i.em3er furthu mvenani and app as faila+vs:
<br />13. Amlat~iae 1~aswier. Ettespt s pra+ridd Ire paa;tapb i4 beraaf, ups berrewer~s 6reae6 of asy ravenaat 'x
<br />ataaswelt sf ihatsstrv L chi hfsartp~,e, ~e cpvr~ to pay when dtx twy ears seemed by fhia fiferltafce.
<br />I.~iar 1»aT tr aecsia~w till ash uasice btr iittrserty r previded is paean 33 hetaef ~: tli the hrracht
<br />W Sts acfaa tttgrisad it tae ttadf ianc~ f3! a dose. eta teat thou 3$ days fraat the date the notice 4 ttrtilled r bormtirer,
<br />~ t+tiiei web i~sach goat he teak acrd (~ that fstbwe is ewe catch hrtarh sn ar bdon the date spec36ed is the tatttke
<br />attq oleic 1a saerthaaUaa d tie ass ttrnroi h7 fits SSorlppt0. farotiasmr by jisdichrl ptoeeediaK and Buie of the Ptapecty.
<br />Sin tellies riMb 6tnMtur hthse bantswrr of bet: rijYt m reiaatast afar acederatian turd tit titM b awett qw the fortxlttswt
<br />itaanuit{ IRs traa•ealaette of a daGtoi ar try olio' dtdeaae of bortetinsr M srcdaatioa trod foreciosee. lif the breach
<br />i tttk @sad act a- bsisre iYe dYtae ~ hs fie aabcr. Lrnder at I.eaiet's optiea ray tkclatr a9 ~ the attms secured by
<br />tilia > Y ie isttteisidy' dtae ai pryaik wlfltwd further deend atsd ~ foreeiate by }adkL1 proceedfsg. I.esder
<br />tMi ie ettdlltd >4 ttttiad 1st tell pttaeeadlae aM at tarsdmose, iadot>Vq. btN eta limbed to, tests of documentary
<br />e+riirtao4 aiaatfra aai tlfie taepaala.
<br />7!. Rift 4 bile. Notwithstardina Loader's scce{cration of the sums secured by rho Mortgage,
<br />borrotra shall here the tijbx to have nay proceedings begun try Lender zo enforce this Mortgage discontinued at any time
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