<br />
<br />Lender's written agreement or applicable law. Borrower shall pay the amount of all mon5sge insurance premiums in the
<br />msnner 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 secured by this Mortgage. Unless Borrower an Lender agree to other terms of payment, such
<br />amaun2s shall be pa}'able upon notice from Lender in Borrower requesting payment thereof, and shall hear interest from the
<br />date of disbursement at the rate payable from time to time on mustandine principal under the Note unless payment of
<br />interest at such rate would be contrary to applicable law, in avhich event such amounts shalt bear interest at the highest rate
<br />permissible under applicab]e law. Nothing contained in this paragraph 7 shalt require Lender to incur any expense or take
<br />any action hereunder.
<br />&. Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property, pmvide:i
<br />chat Lender shall Give Borrow-er notice prior ro any such inspection sprcih'ing esasonablr cause therefor related to L.ender's
<br />interrst in the Property.
<br />9. Cottdetnaation. 7?te proceeds c€ an}' award ar Maim far damages, direr at a,nsrquential, in conne;:tion with any
<br />condemnation or other ;along of tlx Pmpert}', or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shat; I+r paid to Lender.
<br />lr. **^he event of a total taking of the Property, the p.rkreds shall be applied to the sums secured by this MangaGe.
<br />with the .~ ss, :f any, raid to Bairn>wer. ]n the event of a partial taking of the Property, unless Borrower and L.encfer
<br />otherwise agree in writing, there shall he applied to the sums secured by this Mortgage such pmpanian of the proceeds
<br />ss r; equal to that pmp..rtion which ihr amount of the sumo secured h~~ this Mortgage immediately p.rinr to the date of
<br />caking hears to the fair market ~•alt;e of the Pr>pem~ immediately prior to the date of taking, «-ith the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by $orraw•rr. ar if, after notice by Lender to Borro war the[ the condemnor offers to make
<br />an award ar senle a claim for damages. Borrower fails to respond to Lender within 30 days afies the date such notice is
<br />ma-ikd, Lender is authorized to ca>Ilect and apply the proceeds, at Lender's option, either to restoration or repsir of the
<br />Prapcry or to the sums secured ?+}~ this Manage.
<br />Unless Lender and Borrower otherwise agree in writing. any such application of pnxreeds to principal shalt net eitend
<br />or postpotx the due dale of the monthh' instalimerts refetnd to in paraeraphs ] and '_ hereof or change the amount of
<br />such instaPmrnts.
<br />IQ. Borrow•rr Not Aekaxd. Extension of the time for payment or modification of amortization of the stems secured
<br />by this Mortgage grartrd be Lender tc sm sua-rssor in imerest of Borrower shalt not operate m release, in any manner,
<br />the liahi}ity ,>f the uiginai Born>wrr and Born woe's su~.rssor. in interest. Lender shad not I+e rouired to cpmmonce
<br />prtx>cedirgs againsa such su:~rssor ar refuse =,a rctend time for payment or othervvisc modii~• amortization of the sums
<br />scoured h}' this Mangage hi• roes.>n nt any demand made b} the original Rorr~wer and R„rrower's successors in interest.
<br />ll. Foti,araerx b}' i.endrr'toi a R'airrr. .gym' fort~taranrr by Lender in esrttisinC sm rieht or rrmedr hrrundu. or
<br />~tberasc sffardrd h} applicah3r law, shall no*. hr ,* w;2iarr :~f or pmlude the esrrcisr of any such right or comedy.
<br />T]~r prt3 urrmem at insumncY or the payment cf coxes o~ other liens or charges b}' Lender shall not '..e a waiver of Ixndei s
<br />right a acaxkraic the mazurirv of ihr indcbtrdnres sr.-urrd by thi; Mortgage.
<br />72 Ret®et6es C®uiatfse. Ali remedies provided ;n this Mangage are distinct and cumulative to am other right or
<br />remedy node: this Morzga,e or atfordrd by law e r equity, and ;r,~: he rcercisrd rnncurrrath', independently or sucerssivrly.
<br />13. Seccerasasr and Assig.'s ;sound: lo8ett aad Se+rra) I.iabaily: Captions. T7tr covenants and agreements herein
<br />coatair~d shall hied, and the rights hereurtder shall inure ro. the rspective sum-rssors and assigns of Lrn3rr and Bor,:~w~er.
<br />sub;trt is ehr prasisicst¢s of paragraph !? hermf. Al! ra>.•rnants and agrrrme^[s nt Sormwzr shall br joint and srveral-
<br />7t¢c ca;stiotts sod hrading_s of the psrsgr~phs of this Mortgage are tnr canvenieace nh and are ao*, to br used to
<br />intrrptrs nr drtmr the prm~isa,ns hcsra,~.
<br />i1. !Veliec. Eicxpt for any rxuice ergot-ed under appli.-sbk Isw to be given in another manner, {al am notitt rii
<br />R>r;owrr pmvidtd for in tttis M.ngage shall br given b}~ rnaitin¢ such no•~cr br' certified m>il addrcsced to Borrewtr at
<br />rise P:?pcm• .Adders.. er at such other address as Harrower may designate by rsctice to Lender as pmvidd herein, aad
<br />(t*? any tx>ri:e to Lender shall hr given t+v .xrtifi,:i mail, return receipt requested, to Lrndrr's address stated herein ar it+
<br />su,~tt atlter a3dtrss as Lcr¢drr ma} drsignstr b} not-~e to Borrower as pmaided herein. .im' notire provided for in ¢his
<br />Ma`-~gagr sltaii it to have l+cer. g:aen to Ba-ro wrr nr i_r;,der whin given in the manner desigttaied herein.
<br />IS- L`at'fora ~$~: t^,oseraiag Law; $rirrabeli~c. "I7¢is farm of mongaer combines uniform cmenants far national
<br />use any n~uniiam n>t~ssants with liti+;;et vartatKet¢s b}' jttriscictiart io ranstiiute a uniform sn-unty instrvmeni cnvcrine
<br />rrtl prc+per't}~. 71:is Mongage shall hr goveracd he the law o f the jurisdiction in which the Proprm• is located. In the
<br />esrnt that ary prcvisi,.n or clause a# t!¢is Mr•ngage or the \ott conflicts cairn applicably law-, such confli.-t shall pat aftres
<br />o2I¢er pmvtsiaas ni zhis ifotigagr Rr the fete w!;zch an be given effect wit}tput ihr rarflicting provision. and to Phis
<br />eed the provisirn*.s of the Ma>rtgagr and the `~otr err declared to be uxrable.
<br />ii. llonrowcr'•s Csg}: Barrt*wet shall be furaishr+f a co~ormyd cop}• of r7•• Natr an~+ of shin '4?v;tgagr a, tl:r t:r,:;.
<br />of r<zt~a±a=-+r- >?r sftrt ~-_mi3a; 1~-+f
<br />iT• Tersstt: of lie Itrogeatr: !iampties. li sli or ear part of the Przp:m_• ar an interai thexin is sold pr innsfetred
<br />b}' Htxsntirr withou Lender's prone wrinrzt .a,rzscnt rxcludirtg tar the crrati.a of a litn ar yncumbrance suhordmatr to
<br />this Idartgttgc, ('bl ttx crrxtaon of a p .reha;r m.>nr} srcuritt ;nterrst for household applinncrs, (c) a [ransfrr by devise.
<br />r~seeni cv h}' operatinm of taw. up,>n ehr ;~atb of a y.,~nr rr snr .'r ;d~ the grant of an}~ lraseln~id interest of rhre vrar~ or Ies~
<br />trot xataiaing an option to pur°hasr. tender mac, at Lrnder'> +,~puan. declare al! the rims enured by this htangage to be
<br />immediately due and payafilc. Lender shall ha+y uatvcd such optixt to accelerate if, prier to the sak or rransfrr, lender
<br />atsd flx person fo w'hnrn ehr Prapem is to hr sold ate *,rs.~siyrrrd roach agreement in w-riung that the credit of stab perssm
<br />is saris.°a~-tnn to I.rndrr aad tl•,at the x-t-errs: parnbk ..n iix .urns savored by this Mongage shall he at ouch rate as Lender
<br />s~'1 rst:}1xsL I# Lender has >;•aia-rd ib:.>pti_,:s to ac~irrstz p:~,vid~d in this paragraph ]?. and if 8orrautr's successor in
<br />izrtetrsl Itas zxtxuted a tvrittrn aacurnpnt~+ a~>•r~ r~-•egt~{ in uri*_ing 3-y Lrndar. Leader shat; rrlea~ Borrower tram al3
<br />oldtgaLicros under this Mattgase and the ?:ate.
<br />U L.vat~ e'tzr~s ~'-tor, to s.;-rate, Ixndzr c`ail mail Barr+wzi ncxice of acceleration in accordance with
<br />paragraph li heKrnf- Such nntirx shall p-ravrdt a peeled of ant arcs than to da}•s from the dart the notice is mailed within
<br />'ta"hirb Bcsrotsyr may pay ehr samx declared due- if Barrourr fails ?a pay such sums prior to ehr expiration of such period,
<br />Lestder may. wstAont ftirfhar taeiix nr demand on Bnrraw•cr. invoke any retaedics perm;tted fi}• aaragraph I R hereof.
<br />ltiari~-U~7t=taut Cw~Na+•r5,. Bcsrrewcr axed I..mdrr fuaher covensni and agrce as foilrnvs:
<br />18. Aaeiaardn~ its+med3es. Earept as prarided a pmrgrygrh 17 hereof, epos Eorrower's broach of any cavenani or
<br />> of )ortowri if tl~ iel~K the eoveuatc Eo pay w)een doe any calm seenrcd by this Mortgage,
<br />I.ere~r gmiar M acedesaNian a1aH team antler !e lbarrowa ac prorided in pv>tgear6 14 hereof speeifyiag: (1) the breach;
<br />~' >~r a~ ~ ~ tract ; i~t r rye, sat )ese tics io dryc from rye ,cafe the entice is tast7ed to Borrowee,
<br />~ net atarq Ile creed; asd Ij) fiat before !o care snob breach os or before tie date spcritied is the trance
<br />X49 ca¢At a ~ M tie nuns aeearr~ b} ~ Mme, foreclerwre by jedit:d proceeding aad sale of the Property.
<br />Tie aetlrz tdtrp hnri6v infata >tarearrcr of the rtgit to ecLch4t after atteleratioe and the tight to ar~ert is the foreclosure
<br />? rie aaa-eodelearx d a deiarit or awy o~et detcaar M isrrvwer to acce)eratioe and fotec/ostrre. if the breach
<br />i art rated ors ae bdwe ~r daae vpedird ~ tie notice. Leader of t.eader'c option our deYtare rS of fhe some --cured by
<br />tiiE b he ine aad payaitk >,rrirheat ftanier dttireasd aad awry foreclose by judkia! proceeding. Lender
<br />ttisH lac ea5tied ito caiett L ~¢ peoceedeag sti eapestxs td foree~snre, inclu~, bpi not litniied fin, coats of doeumeataey
<br />atiiiace , airL3atEr and fl;te tspor>i.
<br />19. >fmrro~a'r Riot b ti~~*~• Ntetwithstanding Lender's acceleration of [he sums secured by this Mortgage,
<br />Sortawe+r stall bane the right to hex any proceedings begun by Ixnder [e enforce this Mangagr discontinued at any time
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