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79-~3t3.5~ m , ~~~
<br />Lender's written agreement or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the
<br />manner pCOVided 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 abet terms of payment, such
<br />~~ amounts shag 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 :tom time to time on outstanding principal under the Note unless payment of
<br />'Q interest at such rate would be contrary to applicable law, is which event such amaunis shall bear interest at the highest rate
<br />j. permissible under applicable law•. Nothing contained in this paragraph 7 shad require Lender to incur any expense or take
<br />a aay action hereunder
<br />g. Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that Lender shall give Harrower notice prior to any such inspection specifying reasonable entice therefor related to Lender's
<br />interest in the Property.
<br />~ 9. Condemtaatioa. The proceeds of any award or claim for damages, direct ar consenuentiai, in rnnnrction with any
<br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, arc hereby assigned
<br />and shall be paid to Lender.
<br />Q ~ In the event of a total taking of fhe Property, the proceeds shall be applied to the sums secured by this Mortgage,
<br />(~ with the recess, if any, paid to Borrower. in the event of a partial taking of the Property, unless Harrower and Lander
<br />otlxrwise agree in writing, there shall be applied to the sums secured by this Mortgage such proportion of the proceeds
<br />' as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior ro the date of
<br />taking bears io the fair market value of the Property immediately prior is the date of taking, with the balantt of the proceeds
<br />paid to Borrower.
<br />If the Property a abandoned by Borrower, or if. after notice by Lender to Borrower that the condemnor afters to make
<br />an award or uttk a claim for damages, Harrower fails to respond to Lender within 3l1 da}s after the dare such notice is
<br />mailed, Lender is atrthorined to rnUtx:i and apply the proceeds. at Lender's option, either io restoration ar repair of the
<br />Property or m :he sums secured b}• the Mortgage.
<br />Unless Lender and Borrowv othetwist agree in writing, am• such application of proceeds to principal shall cot extend
<br />or posiporx the due date of 6'>= mortthty installments mfetnd to in paragraphs 1 and ?hereof ar change the amount of
<br />such instal}truau
<br />10. Daestavrer Nm ]Reiesed. Eriensicm of iht lime far payment ar modification of amortization of the sums ucured
<br />~, ~ M~ a..s. r
<br />-s-R a~-a ~ ~` ~" ~* * Suu~~r i» i~r~r of °oar~awzr shah tent operate to tnieass, in any mantur,
<br />fhe IiaMlity of the original Brxtower and Borrower's sttctxssars in interest. Lender shalt oat be reyuired to commentt
<br />promafhsgs agai~t such staccestor or refuse to extrnd time far payment ar utherxise modify amortization of the sums
<br />secured by this Mortgage by ttxson of env demarsd made by rase original Harrower and Borrower's successors in interest,
<br />iI. P'atitearantr ig letades Nat a R'aiver. Any farbeannc. by Lender in exercising any right or remedy hrreundu, or
<br />othtxsvix afforded 6y applicable #aw, shall not be a waiver of ar preclude [be exercise of anp such right ar remedy.
<br />The penctuettxmr of imstnaaa or the payment of razes or aiher liens or charges b7 Lender shall no[ be a waiver of Leader's
<br />tight to ataterate the maturity of the indebtedness secured by this Morsgage.
<br />12 ]R Cattataia,A-e. A8 reaactties provided in this Mortgage are distinct and cumutativr to am c*_'.::r rich or
<br />rtmredy under this Mortgage +x afforded by Iaw or equity, and rttny be exercised roncurrrntly, independently or successively.
<br />ii Staessoaa ad Arigws 1Roantilr JoiF and Several Liab~ty; Captbas. The covenants and agreements t:erein
<br />~tvouinud shall bitxd., and the righh hereutrdtr shall inure to, the respective successors and assigns of Lender and Borrower,
<br />smbjeta m the proveions of paragnph 17 hereof. Ali rnveaants and agrremenu of Borrower shai3 be joint and several.
<br />lit t and findings of the paragraphs of the Mortgage are far rnnvrniencr only and are not to he used to
<br />in&syeet tx dt4nae the pravisiaas hereof,
<br />la. ]Vatlce. Exoept far aay raatiCe required tender applicable law [o be given in aootfier manner, (al env notir to
<br />HoravRU provided for ~ this Mortgage shall lac giver by mailing such no•~~t by certitied mail addressed to Borrower at
<br />the Propeaty Address ar u such otlxr address as Hatmwtr may designate by naticx to Lrndrr as provided herein, and
<br />fla) arty nonce m Ltd shall be given by cati;ie~ mail. return receipt rrgtxsted. to Leader's address stated txrein or to
<br />sins otters address as Z.eader' racy designate by rKatlCe to Hottowei at provided herein. Amy native provided. for in the
<br />1lwigagc shall be dxmed m have latxst given to Horrawcr or Lender when given sn rare maarxr designated herein.
<br />i5. ItltttaEaea Martt~ t.,esex~g Ln.r StweraiiifEy. psis farm of trrongage comlriaes uniform covenants for national
<br />teas and raon-uaH'orm rnvenaois whh limited variations b}- jurisdsctitue za constitute a uniform socurity instrument rnvZring
<br />resl ptapety_ This Mor•lgage shall be gavtmed bq the law of tlae jurisdiction in which the Property is located. In the
<br />event rfiat arty },ravisiao m clause of this Mortgage ar the Nate cart8i¢ts with applicabk It ~•. such tronflict shall no: at7ttt
<br />after prorisinms of this Mortgage ar tbe Note w~-la un be givrn rftect without the coafticting provision. and to tfie
<br />~ tree ~ass'sass of the iv4art~z amt the tmz are dared m br severable.
<br />K. lfi~s~ Copy. Borsoarcr shall br furnished a ccwfatnted Copp of [ttt Note and of this Mortgage at the time
<br />of esucraitrs c,! afxr rowrdtffian .
<br />IT, lfaadex all ~ 19apeety; .tlsae~aa, if all or aay pan of the Pusperty or an interest therein a sold ar transferred
<br />by 8ev*osce witban ll.codta's prior written caesent, eac)tadiag sal the crt~tiart of a lien or eacumbtantt subordinate to
<br />Meetga)F. lb~crratiott of a pw-chasr rmvney so:trtity interest far ha+nrhold appliances. lc) a transfer by devils,
<br />tptm the cloth of a ,joint tetsant or fdt the gram of any leaxhold ineerest of throe years ar kws
<br />oat m option to ptuclatte, gem taay, u Lendcx's option, declare all the sums stxured by this Mortgage to be
<br />imp dart and payaNt. Leader sfiad have waived sraclt option to atxrlerate if, prior to the sak w trataafer, Ltndcr
<br />atxl tau peasm m tvfioarr ibe Pmpsty is w lac sold ar transferral reach agreeramt in writing that the creriit of such person
<br />e satisfaeory m Lender nerd that tLe intrust payatslc on the sums secured by this Mortgage shall 6e u atxh rue as Leader
<br />afia$ H Iamdm bas anaivc$ tfit t;grion to atteieratt provided in this paragraph 17, and if Borrower's sucerssor in
<br />iat>aau has eaaatataad a tvristn at[snmption atgreenoaat in writing by Lender. Lender shall teltase Barowtr from all
<br />abC~oa~a sadrl• ibe ihorr;age atitf the Iio~
<br />~ Letader eaetcisrs such +opsiaa fo r~vate, Lender shaA mail Borrower notice of acoelt:ratitm in accardantt with
<br />P la her+m#.. Stroh xltall provide a period of oat krs than 3D days from the darn the aotrct is mait~ within
<br />9acr Wray Pay ifit Wrenn tltdared ~. if Botiasvrr folk ro }ray such wens pricer to the expiration of such period,
<br />L,m~ may, wiifiar8 froths Dories or damatad as Sortawer. invoke aay remedies permitted by paragraph I B hereof.
<br />7tkat-L7t+ti t+atat C[-vit+;v+sa. Harrovar and Ltmd[r tunher rnv[nant antl agrtx a;< follows:
<br />1tL 3teaeiet. s pttwiitd i 1 17 bareeG t~aa lanrower'a breach of soy covenant a
<br />aptte~wl aA lwrasMr L tbla rie cevratarru W pay wla~ doe .ay ands aeraa,cd by thh Mortpgs.
<br />I.,.ittr 11~ to srxaiatratiieat trier ..~ antiet to 1Roaerwer as prertrided r patta~tpb Ice be:aof w«~s~Mlt tI) t-e r~[b;
<br />W eaa atti4n a+lAiaad •a raaaa wt>, iaDa~ t31 a data, nu loan tar. 3Y ~ Erato tlae t~ ta:e Works b ttata0ed to Dar.a.rer,
<br />b +litlb tatdt itnasi tttttttt fa a+ttttk arf !a1 that Eairtce ~ art anti beaaeb on or blare the rue geciAed ~ the notlce
<br />>~ atetlt bt w# Aar nttaaa ntutntroi !,y stir ~ fsraelotm~e i9' ft~N proeetad~ aai uk of the Pia~perty.
<br />At atiirrr eiatl fattiaar irtatttt itnrewnr ai the sib tlo taaiaWla tlttx acadeitatitan sad the tight m arart rs the foataeiasare
<br />)ltattglitt~ !1s 4M•agllAeMp al n tialndt x ~!' e+tJerr aielgrtE aI ~atea+we Ace aecddtatlret cad tar+edoanrc. lg flee 6reac6
<br />fa ttrt 41111 fan twf b~N! Ala datit in tiro aat~t['~ I tq I.ptlt~a aplkA eaty drrlere aM of ~e stoma secured by
<br />taWlt ~ i• it ibnatttiwbr~ clot tali }tsabit wllbaert 1rrA-ar Jaetrti atti tray iorecltae lay Jadleiu )Aroctedlad. t.emkr
<br />rrdl lM atgrd a. arallset r taxb [ nib + tI tarecltnnm, taelnti~, bW nu to. caett of dactamaatary
<br />..l+tttttr, ttbtbaaetr ttni tl11a tar.a.
<br />~~ iititawrart ~ ta~'Rtit11a1a. N~ Leader's acceleration of the sums ':R'ured bg this Marigagr,
<br />rat atry Plop bog+aa a+Y Letrder w enforce this Mongaye discontinued at any rtmc
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