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<br />Lender'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 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 Lender to Borrower requesting payment thereof, and shall hear 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 contrary m appticabte taw. in which event such amounts shall bear interest at the highesf rate
<br />pumissrbk under applicable law. Nothing rnntained in this paragraph 7 shall require Lender to incur any expense or take
<br />goy action hereunder.
<br />8. Tsspection. Leader may make or cause to be made reasonable entries open and inspections of the Property, provided
<br />that Lender shag give Borrower notice prior to an}• such inspection specifying reasonable cause therefor related to Lender's
<br />interen in tfie Property.
<br />9, Cotidem[uifon. The proceeds of any award or claim far damages, direct or consequential, in connection with any
<br />condattnatian or other taking of the Property, or part thereof, or for conveyance in Lieu of condemna[ioa. are hereby assigned
<br />and shalt be paid m Lender.
<br />Ia the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Mortgage.
<br />with the excess, if any, paid to Harrower. in the event of a partial taking of the Property, unless Harrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured 6y this Mottgage such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Afortgage immediately prior to the date of
<br />taking bean to the .air market value of the Property immediately prior to the date of taking, with [he balance of the proceeds
<br />paid to $orrower.
<br />If the Property is abattdaired b_y Borrower, or if, after native by Lender to Borrower that the condemnor otters to make
<br />an award ar se8k a claim for damages, Borrower fails to respond to Lender within 30 days afer the date such notice is
<br />mailed, Lender is atitltorized to coikct and apply the proceeds, at Lender's option, either to restoration ar repair of the
<br />Propertn or M the slims secured by this Mortgage.
<br />Ualas Lender and Borrower otherwise agree in writing. am• such application of proceeds to principal shalt not extend
<br />or postpone tbe due date of the tttonihly iratallmenrs rxfer-ed to in paragraphs t and 2 hereof or change the amount of
<br />su.-tr itistaltrttents.
<br />16. lenower Not Rdeaaed. ~xiension of iM lima far pa}-ment or madificadon of amcttixation of rite mitts ~cuica'
<br />by this Mottgage granted by Lender to aa}' sttccessar ir, intemt of Borrower shall not operate to release, in any manner,
<br />the liab33ity of the ot~inal Borrower and Borrawei s slices-scorn in interest. Lender shall not be required to eommtntt
<br />psooeedutgs against Stith successor to refuse to ezund titnt for paariient or othet~vise modify amartizatian of the s.tms
<br />senired by this Mortgage by rtasm of any demand made b} the original Borrower and Borrower's sucoessars in inrcrest.
<br />il. Farieaste i7 I.endrr 1Vat a t}atvrr. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />auievise afforded by applicable law, alialt clot be a waiver of nr preclude the exercise of any such light or remedy.
<br />The jactcurement of iastiraace ~ the pa}tiient of taxes ar other Item or charges by Lender shall not be a waiver of Lender's
<br />right m accelerate ills maturity of the indC1+2¢!difG6 secured by this Mortgage.
<br />12 Rssdies lV5sw66ve. All remedies provided in this Mortgage are distinct and cumulative io any other right or
<br />remedy under this Mortgage or affoi~.d by law ter equit}•. and ma}' be exercised rnncurrcnily, independently or suaxssively.
<br />13. $occeasais aA Asdgrs lotat+~ Jovt gad Several Iiai~ltyt Capaions The cornantS and agtsemenu herein
<br />matsitxd ahaB Lund, aril the tight hemrader shalt inure 4a, the respective successors and assigru of Lender and Borrower,
<br />tatbjett io the proci~oro of paragraph ] 7 berry#. All cavenaots and agreements of Borrower shall be joint and several.
<br />'iLe raid headings of the paragraphs of the Mottgage are fer rnnvenientt onh• and arc rmt to be rued to
<br />in~rpset os doe the proeisioas Itettaf.
<br />ii. Nmgee. 1?seept for any naive requited ender applicable law to be given in anotixr tnaniter, (a} am notice m
<br />Botrotver provided for in this Mortgage Shall Ire given by mailing such rtaria try certitkd mail addressed to Brower at
<br />the Frcyiert} Address or st stick other address as Borrower may designate by ttorice to I.ertder as provided herein, and
<br />Rt) any notice: m Lender shag 6e given by certified mail, mum receipt requested. to Lenders address stated Herein or to
<br />arde either address as Lender may designate by noii.-e to Borrower u proc:ded herein. Any nonce provided for in this
<br />IuftvYgalle shaft be deemed to have bean given to Harrower w Lender w3teri given in the matttter designated ttetsia.
<br />15, Utdtma 4dat~ I,a.r; Srveru611fv. 7Tiis farm of mangage combines uniform covenants for national
<br />rase gad ttoe-uniform cavrsiants wNh limised variatttuts by jurisdiction to corts[itute a uniform security iitsirument covering
<br />teal pttt}iettr. 'Iles Mottgage tthaB be governed by the law of tbe jurisdictitm in which tbe Property is ]neared. In the
<br />tveat that gay provicioii ter r}arzse afi the Mortgage or the Nato conflicts with applicable }aw, such txxtflicY sfiaB not affect
<br />oohs prrivisoes ~ this Mottgage or the Note which can be given effect without the conRicting provision, gird to this
<br />rod the pttwisieas of tie Mortgage gad rite Nate ors deraarod to be sevetabk.
<br />!f. laarawu*a C'afh'- Bea'rotrer shag be furnished a n~afnrnted copy of the Note amt of this Mortgage at the time
<br />t~ esectrtioa w~ afret t+sa:ardtdiaa ltraenf.
<br />!7 !><anafer of !ie I'ltsgisly; Ase~ifisn. If ail ar any part of zhe Propcity ar an intt~ therein is sold or transferred
<br />by $tutoaxer aitiostt Lestder': prmr tvrittrai ctmsent, eadudiag (al the cteatnon of a lien oa sncumbraztce subordinate to
<br />ih"s image, !bl the eeatim of a pttttarase martcy security interest for household appiiatvices, (c) a transfer by devise.
<br />descent ar by tae ttf law opal the deatit of a joint tenant ar (d# tM grant of any ieasehald interest n# three years or less
<br />>ta as optim m ptrmhase, Lender may, at i.rnder's optiwt, dtxlarc all the simts secured by this Mottgage to be
<br />i~edizaety dm sad paya6de # shat! have waived stilt ~ttion to accelerate i#, prior zo the sale er tratsfer, Loader
<br />gad tie pesos m whom the Property k to be sold or transfrrrsd reach agieemea4 in writing that zhe ct•edit of such person
<br />is >Y m Leader gad that tie intetssi payable as the sums secarsd by this Mottgage shall be at stick rate as Lender
<br />adtaS If Leader Ls aaivM the zptioa m atxeierate provided in this paragraph 17, and if Borrower's successor in
<br />Las eaacuted a w[itt~ raorrmptioa agtamart arxepted in writing by Leader, Lender shag release Borrower from all
<br />oL~aioais under ti's M gad t>x Nate.
<br />H L~ eat~eisa sudt option m accelerate, Linder shall mail Borrower notice of acceleration in accordance with
<br />p:th 3d hereof. Sveh nesice shag provide a period of not leas than 30 days from the date tine notice iS ma$ad within
<br />t learerwv may pay rise s~ declared due. If liatrowsr fails ro pay sack sums prior to the expiration of such period.
<br />Leader map, rtritiotR troths mtiee or demand tin $cnrower, invoke any retnediet permitted try paragraph t8 hereof.
<br />skis[-13xtt=asitas fb~ut~ns. Smrower gad f alder ftirthci mvcnan[ and agrce as follows:
<br />1#. ~ lltatneals. as pa~oviie~ Lt ~ 13 ice, npos 1lorrotvs~'s 6eexh of any covesuet a
<br />agaamoeaa of Danstasr M ~ Lseba$tg Ara tweaaab to pay wlaa ties aey sane aeearad by rile Macgagc,
<br />leaiar pains N aca~doaiNar first s[sai aaNsar m la[sosrer s prmvnlal M pratgrapi l4 6ereat ~yML: (I) tbe M•ryci;
<br />~ HG aalisw ~ it t7ra anr~ iosesc#5 AI a data. vat ins tlrs 3! iq•s Eros Hie iah tM: aodct k sfBed to lorrawar,
<br />iv wilds srteil iras[dt aatat Me sssadl and H3 ityat filar s eaxe >asrit breach ew or Mtfere tie date ~ tie antlce
<br />~ arsrak fn amaiwiaBsa ad tie awtar aaessoi i! tits M'aasjats, fareeisaare by f and tit d t4r Property.
<br />Tice ataRlps tiaai itdaaA Jlasaowa d !is >a sate tdtar ~niaadaa and flee ~ to asset la the fotrulasaae
<br />pa~eaaAi~ tie der of a as asy otie Aefeatae of lorsgw•u tai acedarr~os gad foraciasers. K the Meacb
<br />i tsar sans ar ar MrEsa rigs tw ftleelisa it Ae wdice. Lenin d Lvaars option aaay declare al of fie ta®s aec9red 6y
<br />>iia >fliaftpl~a fa ie inneti4/t$ d~a anti paxaile tt>l~rs ftw9tea dmusd and m.y foreclase iY jo~cLl proceeding. I.eoder
<br />sill irr swAded t. aMet to ands )lrocsntiK >i et[pers of fasedoanre, Met aoa lirdted to. cosh of docn®eatary
<br />eaidanea, sirlraeis anti t11Bia reports.
<br />}!, lttsaaws+s ~ fn itaitrtfas. NdwidrNattdi[[g Leader's acceleration of [he sums secured by this Marrgage.
<br />ZiotTDaru i$qA Lave tie rfgitt !n have gay pntexdia#s begues by Lender to enforce this Mortgage discontinued at any time
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