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<br />79-i (~~7~1.N
<br />Lender's written agreement or appiicable law. Borrower shalt 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, shad 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 Lender to Borrower requesting payment thereof, and shall bear interest from the
<br />date of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment of
<br />interest at such rate would be coatroty to applicable law, in which event such amounts shall bear interest at the highnt rate
<br />permissi6te tinder applicable ]aw. Nothing wntained in this paragraph 7 shalt require Lender to incur any expense or take
<br />env action hereunder.
<br />8. Laspeetion Lender may make ar cause to be made reasana6tt entries upon and inspections of the Property, provided
<br />that Lender shad give Borrower aotix prier to any such inspection spe:.ifying reasonable cause thtmfor related to Lender's
<br />:Merest in the Property.
<br />4. Coadetaaatbn. TTie prxetds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other taking of the Praptrty, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In t1x e\ettt of a inlet taking of iht Pmptriy, the proceeds shall be applied to the sums secured by this Mortgage.
<br />with the excess, rf any, paid fo Borrower. In the event of a partial taking of the Pmpertc, unless Harrower and Lender
<br />otherwise agree m writing, there shall be applied to the sums secured by this Mortgage such proportion of the proceeds
<br />u is equal m that prclxtrtien which the amount of the sums secured by this Mortgage immediatth• prior to the date of
<br />[akirig bears to the fair market value of the Pmpem' immtdistely prier to the dste of taking, with the balanx of the proceeds
<br />pawl to $ornower.
<br />If the Property is abantfotted by tiorrewer, ar if, after nntix by Lender to Borrower that the condemnor offers to make
<br />an award M settle a claim far damages, Borrower fails to respond to Ltnder within 3{t dsys after the date such notice is
<br />tnai{ed, Lender is aistfrarized to collect arm apply the prtuetds, at Lender's optinn, either to ratorotion ar repair of the
<br />Prvpett}' or to ilte sutras secured by this Mortgage.
<br />IJnkss Lender arm Bamoxer otherwise egret in waiting, am' such application of proceeds to principal shad not extend
<br />or poapone the dire date of the manihh• installments refe-retl to in paragraphs t and 2 hereof or changt the amount of
<br />tech ietsbtttrsatis.
<br />10. Evngwa Net Rekatsed. Extension of the tithe for pa~'ment ar modification of amertiration of the sums stcurcd
<br />by this Martgagt granted by Letmtr m any suc,essor in interest of Borrower shad mgt operott to release, in eny manner.
<br />[lie tiabitiity of the original Borrower and Borrower's successor in interest. Linder shall not he required to commtncc
<br />pmcard'engs agaitast such sutttssor ar refuse to extend runt for pa}•mrnt ~ otherwise mtdif}' amortintian of the ntms
<br />stxurrtl by this Martg>tge by reason of ang demand made M• ih~ ariginnl $om~wer and Borrower's su.-ctsxors in interat.
<br />li_ Forbearaece ey Leader Not a Waiver'. .4ny forixarorx~t by Lender in exercising env right or remedy hereunder, or
<br />atiaawue a$ortbd by applicablt taw, shalt not be a waiver of or prtcitme ttx txercix of ant such right ar rerrtcdy.
<br />The procurement of itisarrsrtx ar the papmcnt of tads or other liens ar charges by Lender shall net be a waiver of Lender's
<br />right to accelerate the tttattrritp of the indebtexlrtess stcumi by this Mortgage.
<br />12 Rem tlrrafafiva Ali remedies provided in this'fartgage are distinct and cumulative to anp ether right or
<br />rangy ;order this ?Miartyragt or atfarded by taw ar tquih•, and may he ecercised cartcurrentty, indepttttdenitc or suc~^essiveiy.
<br />13. S~cx'aaatts ttri Aaaigas toned: iota: nerd Sevm1 I_ia6i~ly; Cr~Roa. The covenants and sgreements herein
<br />contained shalt bind, and lire rights l+etx:ttndtr shad inure to, the rapeati+e successors and assigm of Leader and Borrower,
<br />stsbjett to the pmrrsirxts of ptragraph 17 hereof. Alt to\enanu and agreements of Bartawu shall be taint and several.
<br />The team and heauti~s of rice paragraphs of thu Mortgage arc far convrnirnce onl}• and are tut to t+r used to
<br />iaterpitt or tlt:6at the provisitras hereof.
<br />li NaKee. Escept #or any trtxitt trqutred undo appiicable taw to he given in soother manner, sal am notice to
<br />Barrnwer provided fare in this Motgagt steal! be gi+en by mailing such notice by certified mail addressed to Harrower at
<br />the Property Address ar at ~r}t tearer a~itesx :.~ Hortxrwer may designau be rxxitx to Lender as provided heron, and
<br />fb) any helix to Leatkr shag bt given by aertifitxi mail, raum receipt requested. to Leader's address stated herein ar to
<br />such ether address as Ltroder may desigratt by rn~tite to Bartawer u provided txrtin. .4ay twtice pmvide3 far in this
<br />Mar;gage sha#1 be tlecstred to haul been given to $errawer or Lender when gi+rn in the manner tiesignattd herein.
<br />15. 1]aiiera liloatgatt; Govenatt Law; Severat>•itt, This farm of mart_eage combines uniform covenants flu national
<br />uac at>3 rnx-tutifcvm mvenartts w>;h limited variations hp jurisdiction tsi constitute a uniform security itrstrument cavcrittg
<br />teal propettp. ibis Mattgage shall be governed by the taw of the jurisdiction in which the Property is to:aitd. In the
<br />event teat any proeis3an ar datse of this Mortgage ar the Nast rnnflicts with applicabk taw, such cotiitict shag not aifeu
<br />oar pt*_~ria.'seas ^t' tlris Ilse er +?~ Note \+`hi:h ~n w si+rri tff~± witht:~=_ the tx~Ricestig pro+~sian, sad to th+~
<br />end slit pro\ of tax Mrntg#Se and the Nate are dcstiarcd to be stverabie_
<br />K laassrear's Capy_ $wrowar shall he #m~sislsa9 s ~afarts>zd of the Na€e and of €his Mortgage at the tiaje
<br />of ~_~*~ or after savt}arlm ItGrmf_
<br />17. 7`ra~afv at the psapa~: 3-aorrnrptioa, If ail or nay part of the Pit+pert}° su an iatetest therein is said or tranderrcd
<br />by ilttttnxvrr witboirI Leodfs's prier written consent, es:ttmiag tai the crratian of a lien or eracumbrott« subordinait to
<br />t#ris HottZage, ib1 the creation of a purchase tonne}• sc>.^urit}' inurrst flu hituse6tad appiisaces.. (c1 a tnasfrr by de+ise,
<br />deso®t to t±ry opctatian of taw upon the death of a ioint tenant ar {di the grant of any 3easelrold inrcrest of three }Pars or less
<br />rant matai~{ se to putshase, Leader itsay, at Lender's apti[xi, declare ail the si>Yns secured by this Mortgage to be
<br />iasa~taady clot and payable. Linder shall have wai+ad su:ie t+i~'~ to accelerate if. prxu to the sak or transfer. Leader
<br />anti thte persao to whom ~ Yrvperty s: to lx ta}d ar uattsfesrei res:ii agreement in writing that the credit of such person
<br />'s asrv.`a;tt~ tss I.aadtr as3 that six =dcttst pa,ab~ as rite sut€s ~vrr3 by tie's Mastggt snail be at str-h nit as L.ertdrr
<br />titaH tom. i# 11!ns waived the :+ptitm to artrkrate pro\ided in this paragraph 17, arm if tia:tower's sucxssor in
<br />i Itas aaeetttecl a w» aruriptitra agreement atxxptod in writing try I~nder, Lender shall release Borrower from all
<br />tinder ibis Mme amd the Nofr.
<br />Lf Lestder try stat$t optitu+ to aecekrate, Ltndc shall ma7 Borrower atrtice of atxeieratian in accordance with
<br />pta~gtap6 !4 hteea#. Ssa3r rrt>aaee shall ~ovrde a pttirxl of rot Irss than 3D da}Y from the date the irotice is tnaiied within
<br />shitii Perrtsacr may pay the dxdatcd due. If Batrower faits to pay strfi stms prior to the expiratiras of such period,
<br />L,t~ may. ttailborR fttrthc ntrriae ai demand ~ Borrower. invoke any trrtrtdiec permitted by paragraph 1 g hereof.
<br />~ Ctrv#xatvxS- iiartxwrer and L~dn further cavtriaat arm agree as fotitwts:
<br />IR AsedenM9am ieaaaiae. ~ r pa~vided L paratgrrgdr 17 besea~t, aloe ierrawu"s beeacb of nay mveaaat ar
<br />aia[aareal at >easawer >` tFi ~i Rte toverants to pay srbea dot asy w~ aecaed by toot Motrfgage,
<br />t:aadQ pdar M aemMatlar alai art aadce N)terrarrer ai provited is patsrrallt 14 iriea# e~yhg: {1) dre btreacb;
<br />{~ 1!a RRai ate~iai Y sw aarcit baac~ Iii a late. net leas clan 1t! daps #raar dre dNe the antk'r k aa8rd fs Eor'rower,
<br />ity +e)Ve>r wet bauelr not is e'ak anti tsl Rat retire to care attrt~ btteac- aa: or brlore tie dm specified iA the aodee
<br />atyy slit i acoaiea~ar ad tie sera aeemd ig fbi Meefgage, #aredatrre b' jttiaiehl need teak d tie haperty.
<br />Tie arait'e ail i~ iattrrr iaeatttaeQ ad gee ri)dM to reirtaie sdtcr aceeiraadoa amd der rigk3 fo aaaat k tie fotecloaare
<br />pannttp~ tie woe d # deparlt ar nay e~ dtl®e o/ )lars'ower m •csde>rr~ tad foredowr+e. R Rte breae6
<br />i eat acct w ar lialaae tar tale ttpeci4i i lie entice. [.eadr+ at I.eadn'r epdoe stay declare all of the teas aeeuted by
<br />die rs 3e dine art patyaide railiart lactiiCr dwarf card asay #orecloar by ~dieW preceedbrg. Leader
<br />alai be aatlRed r wiet: is a.dt pnraetirti ai ae laeeci~ee. Lclatdtae, bat sot Broiled a. coats or decumeatary
<br />ealiaaoa, siat<aeh ctrl doe iepea6.
<br />19. itrrertu4 iRl~bt b Relr[Mate. Notwithstanding Leader's aoctlcrai"son of the sums secured by this Mortgage,
<br />Bartamer a6aS brn the tilt to have mY ~acadings begun by Lender to enforce this Mortgage discaniinued at any time
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