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<br />VV+-' Wa`fV~
<br />Lender's written agreement or applicable law_ Borrower shall pap 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 became additional
<br />indebtedness of Borrower secured by this Mortgage. [)mess Borrower and Gender agree to other terms of payment. such
<br />amounts shall be payable hpon 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 ontstanding principal under the Note unless payment of
<br />interest at such rate would be contrary to applicable law, in which event such amounts shall bear interest at the highest rate
<br />permissible under applicable law. Nothing contained in this paragraph 7 shall require i.ender to incur any expense or take
<br />any action hereunder.
<br />8. Irtspectfon. i_ender may make or cause to be made reasonable entries upon and inspections of [he Property, provided
<br />that 1_ender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related ?o Lender's
<br />interest in the Property.
<br />9. Condemnation. The proceeds of any award or claim for damages. direct or consequential. in connection with any
<br />condemnation or other taking of the Property. or part thereof, or for conveyance in lieu of condemnation. are hereby assigned
<br />and shall he paid to Lender.
<br />in the event of a total taking of the. Property, the proceeds shall bC applied [o the sums secured by this Mortgage,
<br />with the excess. if any. paid to Borrower. In the event of a partial taking of the Property. unless Borrower and Lender
<br />otherwise agree in writing. there shall be applied ro 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 to the date of
<br />taking bests to the tau market value of the Property immediately prior to the date of taking, with [he baiance of the proceeds
<br />paid to Borrower.
<br />if the Property is abandoned by Borrower, or if. after notice by i.ender to Borrower that the condemnor offers m make
<br />an award or settle a claim for damages, Borrower fails to respond to Lendet within 30 days after the date such notice is
<br />mailed. Lender is authorized to rnllect and apply the proceeds. at Lender's option. either to restoration or repair of the
<br />Property or tot the sums secured by this Mortgage.
<br />l;nless Lender and Burrower otherwise agree in writing, any such application of proceeds to principal shell not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs t and 2 hereof or change the amount of
<br />such installments.
<br />Lfr. Borrower Not Released. F..xtension of the time for pavment or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to am successor in interest of Borrower shall not operate to release. in any manner,
<br />the liability of the original Borrower and Borrower's succesmrs in interest. Lender shall not be reyuired to commence
<br />proceedings a¢ainst such successor or refuse to extend time for payment ar otherwise modify amortization of the sums
<br />secured be this Mortgage by reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />I t. Forbearance by [,ender Not a Waiver. .4ny forbearance by Lender in exercising am' right nr remedy hereunder, or
<br />otherwise afforded by applicable law. shall not he a waiver of or preclude the exercise of any such right or remedy.
<br />The procurement of insurance or the"pagtriztrrn(rars ;r,-.a;~ar-•:'.:;~:~:~-:~b:,r^~hat.l cn~-.hall not hC a waiver of Lender's
<br />rieht u+ aca•lerate the mamrin~ of the indehfednecs secured by this Mortgage. ~~ ~~~~~ -"
<br />12. Remedies Cumulathe. .411 remedies prodded to this MortgagC arc dtstina ;uui ttnrn~i..lirc ;c a.^s ~ficr r;~rtr ar
<br />remade under this Mortgage nr afforded by taw or eyuin~. and may' he exrmserl enocurrcntly. indeprndemh• ar successively.
<br />13. Successors and :assigns Bound; Jeitrt and Several Liability; Captions. Thc .covenants and agreements herein
<br />contameti .hail bind, and the rights hereunder shall inure to, the respective successors anti assigns of f.enrier and Borrower,
<br />subject to the pmvisiom of paragraph 1? hereof. All covenants and agreements of Borrower shall he iomt and several.
<br />The captions and headings of the paragraphs of this Mortgage are for convenience only and arc hat to he used to
<br />ntterpret or define the pmtrsinns hereof.
<br />]4. '.Notice. Except (or any notice reyuired under applicable law tp bC given ut another manner, ia) any notice to
<br />Hormwrr provided tar .n :his Mortgage shall he given h} nruling .uch notice by ~crnfied mad addressed t,+ Borrower al
<br />the Propene A.idress or tt a:ch other address as Borrower mat des,enatC M' notice to Lender as provided herein, and
<br />±b! anv notice to Lender shall he given by cCnrfied mad. return rccrq,t requested, to Lender's address stated herein ar to
<br />.uch voter :idilress s Lender nti,y drvgrtate h} noUCe to Batr n,.ver as amvtdcd bream. Anv natter amvhirri for Br this
<br />Murt~age shall he deemed to hate bran gtvrn to Bprn,wcr or I ender wilco grvzn in the manner rtesignatcd herein.
<br />i5. Cniform 1lortgage: Governing T.aw; Severabldh. ihr+ (arm nt mortgage .nntbinrs umfontt c„vc•nanl+ i.u national
<br />use and ^an-uuifonn covenants with limited variaui,ns ht j!n t+Jictiun to cnnsuiute a unifnnn sreuntt insinuncnt covering
<br />real properlt. llus Mortgage-shall hr .a,srnced by the law of the wu+shctnm in which rftc Proprrtv n b,ceted In the
<br />rvrm that :ur) prnvrsion ,rt noose ,rt thi+ Mortgage ,v the Vote contliac with apphe:+hle law. ,uch :,+nlLe! ,hall oat :riTect
<br />other pruv,tom of Ihn Mortgage ar the Vote which ..en he eaten c6ect withaul Ihr ~:oulllctine prosisiun. an.l to this
<br />end the pt otlsion+of the Mortgage and the. Vote art JalareJ m he severtMe.
<br />16. Bomtwerx Copy. Borrower .hall hr (unnshrJ a ;anlormrd copy a! the Vntc .ur,i of Ihts Mortgage at the time
<br />aI rxceution or alter recordation hereof.
<br />17. Transfer of the Properly; A>tsumptiat. If .di ar any part of the I'mpem ar an mtere.l Ihrnm is .oid or transfrrretl
<br />by Borrower without l.rndet's ptiar written c.atsrm. cxJ udint ..n the .rraGan al :~ 'yen „r cnu+mbrm:e suhordinatr w
<br />this Mellgage, th) the c'rcahon of _, purchase motley srnuite mtrrca far hartsahold applrtncc+. (cl .~ lean+Icr M dottsr.
<br />dC+cant „r by oprruion of lau upon the Death of .~ :amt !roam ,tl
<br />f ender m.ty..u I rode(. „peon, drrlare ell the ,um+ stn ui•d M this \lougugr m hr
<br />immc.liatrty due and payable. 1 ender .hall hate u.med +ush „pn,,o n, uea•Ieretc it. prior t„ the salt ar uansrt•r. f ruder
<br />and the person to whom the Property tc I,~ he +ol.l ,•: tran+t rt red :each ,tgreemm~l m untmg tha! the .I r,ln ~'I such pe non
<br />is satisfactort tr, Lendet .end th..r the infrte+t p,rtahlr .n; ;he sans scrotal h. Ihts Mortgage ~hnll hr et +uch talc .~, t ender
<br />shall «yuest If 1 order has waived the npu,m rn .,aaicr,ar , loo nirJ .n tht+ i' rags ph !? ;urJ it B.rtn•w:t~. ,uctrsxor m
<br />interest has executed a wooers assumpuon agreemrm accepted in .ennetg M I ruler, 1 rndrt .hall Irlrase Borrower Intro all
<br />obligauans utnler Ihls Mortgage and the Vote.
<br />If LCndzr esercisrs .uch option tv ac.rirt.rte. t tulle ,h„ll In.ul Hon.,.+ct notice .•I ..crkt,it:,,n m .~,canlan, e wnh
<br />paragrtph i.i natant Such mgtir .hat! ptottde .~ ~cra~.+. r1 n,•i R rt-i,,:: N),iat •-'naa !hr d.aa the o,at, .. :, ~. n.uled twhm
<br />uh,ch 8orr,,ucr may pat tRe - s Vt.-, _~ d,td [! Ho[n.,.,,~ „t. ; as ~. .:!n, ~ . - L..,r:. t,r-.t::, , i,_h ,nd
<br />Lrndcr tnu}. a,[htgn '!u thcr not ., r Demand , n Rot I,~uu ato6 ~ .en,a cbas {„ uu Ie,f I~t 1,..- t,, .tph '~ ti , ~„ I ~
<br />Vun~C~u.,a at (ew~sal~ Bot[rwe+,,~il lruJct huihci .,ncn.ui[.a,l :,;ter u+h•Ilow+
<br />I(t, AacelerWbo; kr+trrdfes. }:xaept as provided in paragraph 17 hrrrot, nlx,u Iturrower's breach of any rutcuant of
<br />a@rrcutrnt at Burrower iu tftp ~torlgagr. inr:luding the cu+euauts to pay when dux any +wus .toured by thin xturtkat{r,
<br />Lender prior to aerrkrwiun ;1wB mail rwtice to Burrower as prat toed in par arerapit tJ hrrrot +praify ing. IU the beano h;
<br />12) the nation rryuired to .ore wrh breach; (31 a date, nut IrYS thou 3U day. from Ihr dale the nutter i. mailed to Bunuwcr,
<br />Dy which sorb breach roust br cured: and l41 that faiiore to tore wch Mcach un or before the data sprrifird in the notiar
<br />may result ie w~crkratwn of for sut¢s .crated by this Stuctgagr, futrclosurr t{f judicial prvarrding and sale of the 1"n,prrn.
<br />Ihr notice sfwtl ftirlArr inform Burrower of the rptht lu reinstate after aaavkra[iun anti the right to sssert in tlw torrclnsurr
<br />prira'erdgg the uomrxfstenar of ^ debuh or any other defrost of Burro»rr k, aaarlrratirw acrd tonvdmurr. If the hrrar6
<br />w mN cured un or ba'fure the date specified in the notice, l.rnder al I rnder'v nlNion mar deaTarr all ut the sums u•cwvrl by
<br />tills alwtgarr to hr ironardfatrly our and pa}able wllhout Farther drnrar+d and may fure.lrav~ by judir ia} prucerdittg. tender
<br />shall ba retitled ru snikct in vwh prucvedhtg all eapr n>.rs ref fureclasrur, includirtg, but cwt iiruitrd ta, rosP „f d+x~umeutary
<br />cs~a.r, abnhacta cad tgiv rcparta.
<br />t?. Burn,wer`s 1RiKbt W Ilriudate. ~~,+w,tttst.rt-v •¢ . cub. ~ ... ,, . ..,, ..,t., .. xt.,~~;;.,a~
<br />lit+: r,~.. c, ,ha't h.nr !na right •.; tta'.c anb I;:..a r.:dmi:-. nfu,f F , a . -qcr ~ ,., •t,,. ( ., .,, ~ ,.~ c,,. ,., .. ~.
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