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<br />80= i`,T~t~:~2:~
<br />Lender's written agreement or applicable law. Borrower shall pay [he amount of al( moRgage 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 tae payable upon notice from L ender to Bormwer requesting pa}•ment thereof, and shalt liar 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 spplicabte law, in which event such amounts shall bear interest at the higfiest rate
<br />permissible under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take
<br />anv action hereunder.
<br />8. istipectIor. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that Ltrtder shag give $otrower notice prior to anv such inspection specifying reasonable cause therefor related to Lender s
<br />interest in the Property.
<br />9. Cordemration. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other taking of the Pmpertv, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In rite 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, geld to Borrower. In the event of a partial taking of the Properry•, unless Bormwer and Lender
<br />othet~s°ise agree in w•eiting, there shall be applied to the sums secured by this Mortgage such proportion of the proceeds
<br />as is equal to Lhat proportion which the amount of the sums secured by this 'vlarigage immediately prior to the date of
<br />taking bears to the fair market vahre of the Pmpem~ immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />1f tlx Property is abartdotred by Borrower, or if. after notice be Lender to Borrower that the condemnor offers to make
<br />an award ar settle a claim for damages, Borrower fails to res{xnd to Lender within 30 da}s after the date such notice is
<br />mailed Lender is atrthorized to collets and app13• the proceeds, at Lenders option, either to restoration or repair of the
<br />Propem' or to ttK sums soured by this tifongage
<br />Utzkss Lender and Borrow-er otitzrwise agtrt in writing, ant such application of prctieeds to principal shall not extend
<br />ar pctctpone the due derv of the monthly installtrrents rrferted to in paragraphs I and ?hereof or change the amount of
<br />such itutallmeats.
<br />lf. llorraa-er Na Rtkafed. Extensian of tbt time for payment or rraxificaxinn of amnrti?atian of the sur?m~ sear-d
<br />by this Morigirge granted by Lender to any succcxwv in interest of Harrower shall not operate to release, in any manner,
<br />the iiabilii}• of the ariginat Borrower and Bormwer s stumsars in interest. Lender shalt not tae required to commence
<br />ptotxedmgs against such strmessor or refuse to txtend time for pavment or otherwise modify atnartization of the sums
<br />secured by chic Mortgage by ttasmt of any demand made b}' the ariginat Borrower and Borrowers suceessors in interest.
<br />11. Ferinraece by Leader 1\W a Waiver. An}' forttearance ray Lender in exercising am' right or remedy hereunder, or
<br />athetvrise affarded by applicable taw, shall tint tae a waiver of car pmlude the exercise of any such right or remedy.
<br />The pranrremerrt of insuraritt or the payment of rates or ether liens nr charges by Lender shall not tae a waiver of Lender's
<br />r'tRht ro acxlerate the maturity of Ure indebtdness tatted by this Aforieage.
<br />12. IRemedra CamdaHve. All temtdics provided in this ?t*.ortgage are distinct and cumulative to any other right or
<br />remedy virder this Mortgage or affoaded try iaw er equity, and ma~~ ere exercised concurrently, independently or successivth•.
<br />13. Ssceessofs trsd Assi~ 16orad; lout sad Seaetal I.iabBita•; Captions. The rn:•enanis and agreements herein
<br />.xzatairred shall hied, and Use rights tiereundcr siaall ;Wore ro, the respectise s~-•cessors and assigns cf Lender and $armw•er,
<br />stfb}a-t to lire pmvisrons of paragraph t' hereof. .411 t~venants and agreements of Bormwer shall ire joint and several.
<br />The cagtions acrd headings of t}x paragraphs of this Mortgage are for convenience anly and are n, t to be axed to
<br />interl+fet or defitre tix pmvisiotss ;xrmf.
<br />li, r_~osite. Facept far anv trotter required under applicabte law to t•= given in another tnanncr, (a) any no[itt to
<br />Botrawer provided for in !iris Mortgage shall tar given h}- mailing such varies by certified matt addressed to Borrower at
<br />dfe Pmpem• Address :ar at stub atlrer address as B,irmwer may designate by riotitt to Lender as provided heroin. and
<br />ib1 an}' miicct to Lender shag be gixrn by certified mail. return recript requested. to Lenders address stated turein or to
<br />strtlr atha address as Lsrader may designzic !ay noiiee to Harrower a3 provided fierein. Am' notice provided for in tins
<br />Mortgage she#i Ice deemed to ha:r been given m $otmau tx i_zndrr when given in the manner rlesignatcd herein.
<br />13. Urddatfrt Matja~ God Law; SeaeraiiiBty. This form of mortgage rnmbirses uniform covenants for naiionat
<br />use alai n~-uniforta a'avgiants with limimi vanaiicuis by jurisdiction ro eoruinne a uniform security insuumcnt rnvering
<br />real prcapes:y. This Mortgage strati ix goserned ta}• tht taw of the jutisdieiian in which the Pmpem• is Ia-ated_ {n the
<br />event char any prnvisian or clause of this Mortgage ar the Note con8icu Kith applicabte taw. such conflict shall not affect
<br />sash psovisinrzs ~ tt s M<~ .^.ga~ ar ties Iti'r~zc sti•hi~~r .:an I,c gin zf`~-t wit~-+ut thz ~asfticting procirian. and to this
<br />sad tht proaisitas of List Mortgage and the '.gate ate declar•~ to i>,e severable.
<br />lf. liafosvs'a Copp. Ilortnwtr shall bt furnish a u-.nfnmted ropy of zhe Nee acrd of this Martgage at ttte rune
<br />of execution ce a#trs reeordarion haenf.
<br />i7. YYaattier a#!ie lra~paty; if alt ar an}' part of the Pry>pcrt}• or an inters! therein is sold or transferred
<br />by $ett+osrtt x~imut Ltader8 prior wriztcn cansani, excltrdierg (af t}sc cR`atR'1rr ai a Tien or arrcumhram-r sviaordinate to
<br />skis 1~t+rt6rtYz, ibd the creatisxt of a purchase mtusey strurity interest for housthald appliattacs, Icl a transfer be devise.
<br />desc~t ~ by opraatioo of law rtpcat tix death of a joint tenant ar Idi zhe grant of any kasrhoid intetpt of three }•ears or Icss
<br />tot 8 as to parchaae, Leader may, at 1.cotkr's option, declare alt the sums securted by this Mortgage to tx
<br />'~ ~ ahte tfa Lenderrshsll~ avid ar traasferr~ tescha acceleratt if. prior to the sale or transfer. Leader
<br />I ~}' ~ agreement in writing that the credit of such persan
<br />is seii>£a~t3r.' tv L~ and that rise itnertst pa}~hk [m Ute sums scoured by this Mortgage shah be at such rate as Leger
<br />idtaH I# Linder has waived the option to aexkrate ptaaided ~n this paragraph 17. and if Harmwer's successor in
<br />iatesefs ices eaeettted a wr%ti~ aasumptioa sigteemmt .accepted in writing ray Lender, Lender shall release Bnrrow•er Tram all
<br />tides seder ~ lliongue and rtes Nttoe.
<br />if Lads e:tscises sasdt opticm m arxlaatc. Lsndcr steal! mail Borrawtr notix of acceleration in accordance with
<br />paaa~ li ixaeof, Stroh notion shalt provide a petitd of not itss than 3t} days from the dare the naticc is mar7td within
<br />whidr Hotfx+taer may pay the tax daelated dal. Ii Borrawser• faits to pay such sums prior to rho expiration of such period,
<br />lrnds may. w'ethota fztrther notice s dyad ~ t3osrower. im•oke any remedies permitted by paragraph 1 g hereof.
<br />I~t-17itrt>tttta Crwaxstras. Harrower a~ Le.-tdtr further covenant anti agree as follows
<br />li Aoedaatla~ Rtatoiim. lEmptt as pa*ided 5 psra8rapi i7 hereof. irpar Rarroarv's 6rgcb of say roveaaat or
<br />t~tatd<.ast a/ 1ver~raz t• ~ INw~e, 3aclrri'istg she covcaarrtc to pay whey doe rray cans scarred 6y this Montage,
<br />Leader peiv f• aeeaisafiatt fitrll id rsHce m iaarewa ss provided m pratrapb 14 beteof specifpirtt: (li the hreseb;
<br />iZ) Nee sdia sttsptiN M rise srci irese~ t31 a dale, set flee dun 38 days from tie dNe the aaHce k mailed to Iorrower,
<br />#s saltiti arei iseati drat k awrd; sad iiI Hut fatless b eve srr6 brtacb oa or hdore the date sptxl8ad in the aotiet
<br />a4 tarts 1. scedetaLr d Me ems seed by flat MorisaRe. toreebmre by jrdieial proceelirt sad sale of the Property.
<br />7]r anfioe fid ftrfir ittaa' larfwter d else riot to nisute aftN accderatioa and the right w tresert m lie foreeloaure
<br />pttaraaiirt Pie am.et3afatce rid a ddanli v any sHrfr de#ease of Eorrvarer to arcelentina sad foreclasore. Zf the breach
<br />i sd sad sa v ledtre tie dads speeiiei la the aotire. Leader at Ltadrrr's optbn may derhre a0 of the sums secured by
<br />flit is itt ibs~Lldy ire asi payaiie wiliest trrlier demand sad avy foreclose by prdkial praeeedirt. Leader
<br />sit ie ea/Mled to seise! it nt3 pfrrediat aB eztpeaxs of Fweclowre, iecladfot, bat not IimNed to, casts of docrmeatary
<br />eviisrte, airdsca staff HHe eeparh.
<br />1!. Ttsrzrwr~'a ~t a Rrietafat~ Notwithstanding Leader's acceleration of the sums secured h}° this Mortgage,
<br />Borrows shall !rave tie tight to have any proceedings begun 6y Lender to enforce this Afongage discontinued at any time
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