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I <br />$0- 0~~~ <br />Leader's written agreement or applicable law. 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 [o this paragraph 7, with interest thereon, shall become additional <br />indebtedness of Borrower secured 6y 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 ontstandmg principal under the Noce unless payment of <br />interest at such rate would be contrary to applicable law, in which event such amounts shall bear interest ai the highest rate <br />permisss'62e under apphcable law. Nothing contained in this paragraph 7 shall require tender to incur any expense or take <br />any action heeunder. <br />& ftsspectiotr. Lender may make ar cause to be made reasonable entries upon and inspections of the Property, provided <br />that Lrnder shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's <br />intermit in the Property. <br />Y. Coedestnados. Tbe proceeds of any award or claim for damag~°s, direct or consequential, in connection with any <br />candeirtrtation or other taking of the Property, or part thereof, or far conveyance in lieu of condemnation, are hereby assigned <br />and shall be paid to Lender, <br />In the event of a tptai taking of the Property, the proceeds shall be applied to the sums secured by this Mortgage, <br />with the excess, if any, paid to Borrower. In the evem of a partial taking of the Property, unless Borrower and Lender <br />tatherwise agree in writing, there shall be applied to rite sums secured by [his Mortgage such proportion of the proceeds <br />as is equal M that proportion which the amount of the sums secured by this Mortgage immediately print to the date of <br />taking beats to the Lair market value of the Property immediately prior to the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />If the Property is abandoned by Harrower, or if, after natim by Lender to Borrower that the condemnor ofkrs to make <br />alt award or settle a claim for damages, Borrowtr fails to respond in Lender within 30 days after the date such notice is <br />mailed, Loader ss atrthwized to cotltxt and apply the proceeds, at Lenders option, either to restoration or repair of the <br />Property or to the sums secured by this Mort_aage. <br />Unless Lt~#r artd Borrower atltetwisr: agra in w•ri[ing, any such application of procteds to principal shall not extend <br />or postpone the due date of the tnonxfily instailmrnu referred to in paragraphs I and 2 hereof or change the amount of <br />Binh iastaBmmts. <br />_±~ ' . ~ ;Jtt~maa ~r the lime far payment or mtxiincation of amortization of the sums scented <br />by this Mortgage granted by Leader to nay successor in interest of Harrower shall not operate to release, in any mantter, <br />the liability of the original Botrpwa nail BOrrowrr s successmrs in interat. Lender shag not be required to commence <br />ptneeedings a8aiast such atrtxersor or refuse to exirnd bate far paymrent or othtrw-rsc modify amortization of the sums <br />secured by this Mortgage by reason of any demand made by the original Borrower and Burrowers successors in interest. <br />11. Retheestt ~ Lester Not a Weiser Anv forhearanc.: by Lender in exercising any right err remedy hereunder, or <br />otherwise afforded hY applicable taw, shall not be a waiver of or preclude the ecercise of any such rsght or remedy. <br />The ptaaaaarn2 of iastaaoce or ~ payment n# taxes or ot3~r hems or charges by Linder snail not be a waiver of Lender's <br />right m acceleteZt the maatrity of tlae ihdebtedttest secured lay this Morlgagc. <br />1Z Raaeiee tleda6ne. Alt rtanetlics provided in this Mortgage are distinct and cumulative to aM' other right or <br />retaedy rinds [iris 361ortgage or a$ortded by !aw err egmry, and may be exercised concurrently, indepmdrnity of sirecessivdy. <br />f3~ 9ateeieaaa tatti Aatigrs Eared 3oatt red ~ttt>d L'o~ty; t: The corenants and agreements `xran <br />rxeiained shag blind, and the rights hawadtr sltaii iatae to, the respective successors and assigns of Lender and Horrower, <br />mbjeci Tfl the provisioes of pat•~raph 17 hereof. Ali wveaants and agret:atcnu of Horrower shag be joint and several. <br />The aml badrogx of the paragraphs of this Mortgage are for convtxtience only and are not to lie used to <br />in err deAne the pravisibas l+etcof_ <br />1i NlaAte. $s,-eQt for any aorta requires tinder applicable kvt• to be glum is another manner. (al any notice to <br />Bortvwer provided for in this bfrufgttge shall be givia by mat7t'ng Birch rtotu:e by certified mail addtesstxl to Borrower at <br />the Prtspaty Address tv at srreh other address u BamnwYr may designate by twda to Leader as provided herein, and <br />R+1 asq ntrtsee to I shall bt given by cxtit$tu awl. talon raTjPt requested. to Leatder's address stated herein a to <br />ands oOcr addrea as Lradtx map designate by notice m Horrower as provided herein. Any notice provided fm in this <br />Mcatgage t be datnad to have ban Saa°ta to Httrtower IX i.ender when given In the manner designated hereut. <br />1S. llrtArlas Mletp~ L=w; Severabioty. This form a# rttaregage ~trtbina uniform rnvenants for national <br />use nail tma-rt~ttrm ooveoaats w~itla lilrtieed variations by jttrrsdictian to txnstitute a uniform security insxtumrnt covering <br />told pt~opaty. This Mortgage shall lac governed by the law of the jurisdiction in which the Property is lOCaitd. In the <br />csem thu nay prrnisioa or rlatrse of the Mat~age or floe Note mn8icts with appFrcabk law, such conflict shag not affect <br />ember ptursiaos ffi this Mortgage IX tee Nate w;•tidt can be given ef6eu w~thaut the tnndic[iag pmvuion, and is [iris <br />roil ffie paovisions of the M and the Nine ate declared to be st:verahle.. <br />K ianrwers [~ i9orrtasner shalt be fttraished a ctmfomtffi copy of the Note and of this Mortgage ai the bate <br />of tx~ttiaa m after :ecasdatioe baeof <br />f7_ lksaaFa ffi 8se fle~etty; A~Itiaat. If all oz nay part of ebe <br />Property tar an interest therein is sold or transferred <br />by Bostoser wiahotti Leadc's priIX written consent, eselisFtag {al the creation of a nett or encumbntt~e strbardinate to <br />him, (by the aral'aer td a patrshase mmeg security interest #w htwrselaold appliances, (c) a ttaasfa by dcvia, <br />deame ~ h3 of law upon tee death of a joint tenant or till tin grant of nay leasehold intete~ of three years or less <br />tics an trplios m prachase, L~ troy, ai Letder's aptiwt, declare alt the sums securod by this Mortgage to be <br />;ttree~ly ttse era pa'ralae. Loader sba8 have wwived such .o~;m to mate if, prior to the Bak or transfer, Letada <br />ad the perm to trhom ~ ~' is to he add a inaafernd reach agrxment in writing that the credit of such person <br />is sey to i.eader ssd that the intes~t payable on the auras sxured by this Mortgage shall be at atk:h rat[ as Lander <br />aha8 te9aest. 8 Loader bas waised the option m atxtelerate provided in this pttsagraph 73, end if Borrower's suta"essor io <br />imasait bas etseatkd a wt~ aasasopuoa agtt~t acoegted k writitrg by Lender. Lmdrr shall release Borrower from all <br />tski'~uotu miler this nail the Nate. <br />If T.asdm estacsa Bach oplier m ate, Trader shalt ~ Borrower notice of acceleration in accordanrx with <br />p l4 hamL sb~ prsvide a period ~ not ~ than 34 days from the dom u e aatice ~ nta'ut~ within <br />t Illeamssts eery pry the xtam declared tttra If Borrower fails ro pay stub sttms prior to the expiratimt of such period, <br />Ltsda ma3 w fnrtber aatitx or did as Hcarawer, invoke any r permitted by paragraph ; g hereof, <br />Itlas-idttttrastet Cavfltatrts• 9at~ sad Leader frutitra mvaaant aril a~ae as follrnvs: <br />atseaaar~ ffi))fasnrwerss~ 8scagt as pw.liett >t t7 hrtxtf, rspea l~wr~s hreste6 of .ay ceveaaat or <br />lYiaa~ajR. haeJbtRatt the cartrtatRa Po >!a9 vhm aaK nary swss aecsted by thk Merlgttee, <br />fiat fA~ !s aeaaisaHsr tthrfd ttrai se0te is ttlarsrwer a prasiied is t 14 huoef s~ettifyitA: ltI the beteach; <br />i=1>fdla at>wit~ Y arw tardt fraaa'k ~ a ink, srt lean t~tr D6 days free the date rho Bodes is au3led to Dotsesrer, <br />i! veiitfit a~ei 1asaNt eak he carrell art l4I Oat[ f!aiea M cue aril @asach a err htd'ate the isle t*ee~ai fr the ttotke <br />~;egtttifrsmdetttfttrffiOsaalr.aeearai h7 tlds . fasclawee ti jaata•Frtf ptrecae~eg era sade d the Pmpaty. <br />tie ssfoe afoot i~rt~ar fatarrt Iretearr ffi Ate ~a sQ sLSM+ak ttNer setxiatdoa sad tie etgltt to a®trt lit the frredawre <br />}~4tA 91e aasr~ksa ffi a it6f8 err srgy goer the ffi tetrarrar ~ seoderadm ass faree3rame. H dx trench <br />i tl~t trtnili to s iaf8ate Ate sale tgtetliei tlr tse tsMke, Larder at Lntaet'a ottdos rosy decree tin at ~ ~ at:rrred by <br />t#Ift far Ise ilwaOs/dy ate asti P41'~ srddttta faseher aaeted atsd troy fateeleae by jstBeid Preceedh.g. Leader <br />tilt ire aAlMea fr autaA ht asei f tail d faudatrer, igdsdaR+ brt rM trtltea to, cats of doeaeeataty <br />eviisea, tdtttaaeY ad iftk t[apislt. <br />111. Asatrwa'h ~ 4 O+sislfrfe. K.x+zridaaaadtgg Lender's acceleration of the sums secured by [his Mortgage, <br />Barmtva 3l>ai bay the ~ to have nay pmoeedioyts begin by Lender to enforce this Mortgage discontinued ai any time <br />, ~:_: `.: <br />