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<br />Lender's written agreement or applicable law. Borsower shah pay the amount of al[ mortgage Insurance premiums in the
<br />manner provided under pazagraph 2 hereof.
<br />Any amounts disbursed by header 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 />amounu shalt be payable upon notice from Lender to Borrower requesting payment thereaf, 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 contrary to applicable taw, in which event such amounts shzli bear interest at the highest rate
<br />permissible under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take
<br />any action hereunder.
<br />8. Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Froperty, provided
<br />that Ltnder shall give Borrower entice prior to am such inspection specifying masonable cause therefor related to Lender's
<br />interest in the Property,
<br />9. Coadsmaafbn. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other taking of [he Property, or part thereaf, or far conveyance in lieu of condemnation, are hereby assigned
<br />and shag be paid to Lender.
<br />In the event of a total taking of the Property, the pe:~ceeds shall be applied to the sums xcured by this Mortgage.
<br />with the excess, if any, paid to Borrower. In the event of a partial taking of the Property, unlesc Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Mortgage such proportion of the proceeds
<br />as is equal is that proportion which the amount of the sums secured by this Mortgage immediately prior to the date of
<br />taking beats to the fair market vatue of the Properth° immediately prior to the date of taking, with the balance of the proceeds
<br />paid Io Borrower.
<br />If the Property is abandoned by Bortowtr, or if, after notice by Lender to Borrower that the condemnor otters to make
<br />ten award or xttk a claim far damages, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />trtait~, Lrnder is authorised to collect and apply tht proceeds, at Lender's option, either to restoration or repair of the
<br />Prt>perty or to the sutras secured by this Mortgage.
<br />Lratess LeMkr artd Borrower otherwix egret in writing, any such application of prtw-eeds to principal shall not extend
<br />tx postpone the due date of ilae monthly ittstaliments refereed to in paragraphs 1 and ? hereof or change the amount of
<br />leach instatlmertu.
<br />IS. 16etsowsr Nat Rdensed. Fxirnsian of the time far payment or modification of amortization of the sums xcured
<br />by this Mortgage granted by Lender to any succesur in interest of Borrower shag not operate to releax. in any manner,
<br />the liatat7iiy of the original Borrower and Borrower's successors in intemt. Ltnder shall not be required to commence
<br />proceedings against such stscttv^ar or refuse to extend time for paymwt ar otherw•ix modify amartixatian of the sums
<br />stctued by this Mortgage by Wesson of any demand made by the original Bom~wer and Borrowers successors in interest.
<br />Il. Fsebcaaeee by header Not a Raiva. Any farhearantt by Lender in exercising am• right or remedy hereunder, or
<br />otberwise afftarded by and Ticalsle law, shalt not be a waiver of or prerltxle the ecercix of any stub right ar romedy.
<br />The psacurtaaeat of ituuraaee or the pavmerti of taxes or other liens or charges by Lender shall not be a waiver of Lender s
<br />right io aexe}eratt the maturity of flx itxkt~tedtaess secured by this Mortgage.
<br />fi Rttaeciks Cie. Alt rtmaedies gros•idtd in this Mortgage are distinct and cumulative !o any other right or
<br />rrsaedy tr.~kr this Mortgage or afrorded by law er equity. and may ht exercised coruunenUy, independently or snecessively_
<br />13. Sat~sst a>afl !~tsigta Itiotaa~ joint sad Several i.i: bdlty; CapBma. Tlu covtnann and agreements herein
<br />oontaiaed s}aatl hind, and tax tights hereunder shall inure tn, the xtsptctive successors and assigns of Lender and Borrower,
<br />srabjK't 2a leer grorsiaae of paragraph 17 hereof. Ail covenants and agreements of Iorrower shall be joint and xveral.
<br />The taptioos and taeadisgs td the paragraphs of this Mortgage arc for convenience only and are not to bt used to
<br />interpaet at ddnw the ptovisiaos hereof.
<br />DL NaEice. Fscept far any notice required under apptiuble law to be given in another manner, fa) any notitt to
<br />Battvwer grovidxl fns is ihit Marigare shall be given by mailing such taotice by certified mail addressed to Borrower at
<br />the Prog~erfy Address or as sttrh txhtr address as Batitrow•tr may designate by notice to Ltnrlcr as provided herein, and
<br />13+) any ruatite M Lender shall tae ,given by rxrtifiexj mail, relum rereipt t•equested. to Lenders address stated herein or to
<br />stxh cxhm' ati<Ittss as Ltnder may designate by twtiY to Borrower as provided herein. Roy native pttavidal for in this
<br />Meattpge slosh he elmrned m have been given to Horrower or Lender whta given in ilw manner designated herein.
<br />15. Ladferra Goverdag Law; SeveraTsiih`. This form of mortgage c.•mrt»rtes unifatin rnvet+ants For national
<br />use and txxf-uaifarcm covraaats witt+ ]imire3 sariatirms by jurisdiction m canstitutC a uniform security lose utnent covering
<br />real pmga'ty. This Marigage sbaB be governed lay the law of the jurisdictiem in which the Property is located. In the
<br />t:vrTat that aey }rtwisitm of clause of this Mortgage or the Nate eottflie~s with applicabk law, stub caaflict shag reel affect
<br />atbv ptroviseaos ~ this Mortgage or tilt Nair which ran lx givga efttet without the ronflirtiag provision. artd to this
<br />and the }uevi nl the Mcar~age and the ticvt eta declared to >x severa>~e.
<br />lf. lianawat Cars. Harrwver shall be #utnished a conformed copy of the Note and of this Mortgage a[ the tittle
<br />of t:rcecuiitat oar after recotdarian Iterxd.
<br />i7. 3kada• of Se ltMapesfy; Aatrstr4oe. If alt ar say pan of the Property or an itterest therein is sold or transferred
<br />by 5omaveffi witbatai Leader's ptinr written consent exrlt~iag ia) tM creation ai a lien at aacumbratace subatdinate to
<br />this Mattt;+'6e• tbl the cmvtm of a purchase money scrtttin intettst for household appliances, (c) a transfer lay devils,
<br />destatt err b'9 operation of law upon the dpth of a joint tenant er id) the grant of any teasthold intstest of three years ar leas
<br />sot caar: an to >• Ltad~ may, u Lender's option, dn:tare all the seats seruttd by this Mortgage to lx
<br />trmtaeitiaidy doe and gayalAe. Lender shall have waived such option to aocc3erate if, prior [o the sak or transfer, Condos
<br />at~l the pew io wbaat taw Y s to Ix said ~ trmsttrred reach agreemtni in writing than tlw credit of stub person
<br />is ' to Credos and that the .iattttsY gavabk an the sutras sectrrcd lay this Mortgage shall bt at such rats as Lender
<br />s6a$ - if Isoder lm sraivad the option w ttextltrate provided in this paragraph 17, and if Borrower's successor in
<br />iattaffi hat ewnr~d a w3ii#tm ateuenption agtrtmeat tuxepted in w7iting bY' Lender. Mader shall reksse Borrower from all
<br />uhtiBatioes ttetlrg' this Mottaa(ce a~ the Note.
<br />H header t roach option fo areekrate, lxader shall mail Harrower notice of aceekratian in areatdance with
<br />ptaz~faptt Ii btreof. Stadr notice shag paovide a period of oat less than 34 days from the date the notice is mar7t~ within
<br />+vho<ib IiLotroabr ~Y pay tine sans declared dew. If Brurower faits to gay such sums prior to the eagiration of such period,
<br />Lmdc may, witbara further notice ar tltatand an Batrower, invoke any rertaedies permitted by paragraph i fi hcremf.
<br />IVax-Lltarrttitt,r CbvEttatn's, 8ort•awtr arm Lender further covenant and agrse as falkrws:
<br />If. Retawtin. Fatsegt r prviiei i P'w[~ t] }wrsof, crew Iderrewsts breach 01 aey coveaaat rte
<br />d It~aua ~ tbts , lxl'nd>t~ ti+s toss-oaths b ray wksa dos any tattats ss+reasd by thk Morfpga
<br />i.eaier pier M snedenliett t~ aul aeries M Iserrswsr a paerlded is L~~ H hsrwt specifyitt=: Ili eke bleach:
<br />~ fYr sreYw srtleitei 1v crate each isee~a tai a d>tia. oaf Iles ihm 3D obeys Rase tlts dds eke eaHce !s aasilsd a Eorraetr,
<br />lYy wilclY tuck isreatit awl ie erak ttwl N1 that flare b na+e each btrouh oa or bdure the [late cpeci8ed in the ttotke
<br />tsep rsaar is aeeaiteaAett of cis neett sstweet by thta lNeafp,Ea, feseclowte by JodkW ptocerdias aed ale of the Ptopetty.
<br />1}s aa6sa t~trR feuMer fafoea l6taswa of Acs r1lMt to te>satete ar~sr acceJsratioa artd the right to ataevt is the forecloeare
<br />fr~saeeedi-~ the art tt ietadt x tats ether tlefease ~ Harrower a scceJarNioa astd foraeloaare. Ir the breech
<br />oat naafi set err iebre Sts tfitfs is Ate teaAcc, heeatler w hstrrdaa"a ortioa cony lectors ~ o[ ~ saws setared by
<br />flilt7thrs4t>Oe M>u iuasifttlsiy oleo ttati pryaYe arYfteta trrlisr destad strsd they torselose by Jadklat peocudlag. Lender
<br />sit is tralMirA #a t~et,t is aoaci fttutesiYtR sr! et•agrartee of fetrtxlesate. iteete~, bW aot Ilafttsd to. civets o[ docatneatary
<br />srlrlutaa, tritsteatb ttei tide sepe4.
<br />I3. lMtarss~e )l~tt b Rdselgtta. Nawittsataadittj Lender's accekration oC iht sums secured by this Mortgage,
<br />9o[tgrer sill have for riEla to have say =ince~dittgs bsgtm 6y Ltnder to enfano this Mortgage discontinued at any time
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