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<br />Lender's written agreement or applicabte law. Borrower shall pay the amount of all mortgage insurance prcmiunss in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to *.his paragraph '. with imerst tfiereon, shall become addizionai
<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 ray Westing payment thereof. and shalt 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 applicabte taw,-in which event such amounts shall bear interest at the highest rate
<br />permissible under applicabte law. Nothing contained in this paragraph 7 shat! require i.ender to incur any expense or take-
<br />any action hereunder.
<br />8. inspection. Lender may make or cause to he made reasonable entries upon and inspections of the Property, prvvided _
<br />that Lender shat! give Borrower notice prior to any such inspection specifying, reasonable ca!ise therefor related.-[o-Lender's
<br />-interest in the Property. - - - -
<br />9. Condemnation, The proceeds of any award or claim for damages. direct or consequentiah ir, connection wi[h~ang
<br />condemnation nr other taking of the Property. or part thereof, nr for cnnveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />Ln tfie event of a roml taking of the Property, the proceeds shall 6e applied In the cams secured by this Mortgage. ~_
<br />with the excess, if any. paid In Borrower In the event of a partial taking of the Property, unless Borrower and-Lender
<br />otherwise agree in writing, there shalt he applied m 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 bears to the fair 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 Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages. Borrower fails to respond to Tinder within ail days after the date such notice is
<br />mailed, Lender is authorised to wltect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured by this Mortgage.
<br />Unless Lender and Borrower othenwise agree in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs ! and 2 hereof or change the amount of
<br />Bach installmenK.
<br />ER. Borrower Not Released. F..xtension of the time for payment or modification of amortization n£ the sums secured
<br />by this Mortgage granted by Lender to any successor in interest of Borrower shalt not operate to release. in any manner.
<br />the liability of the original Borrower and Bormwer's successors in interest- Lender shall not he regttircd to commence
<br />proceedings against such successor or reRtsc [n extend time for payment or otherwise modify amortization of the sums
<br />secured by this Mortgage by reason of :,ny demand made by the original Borrower and Borrower's suceessors in interest.
<br />i t. Forbearance by Isnder ant a Wniver. Inc fonc~arancc by Lender in exercising anv right or remedy hereunder, or
<br />otherwise afforded by applicabte law, shat) not he a waiver of or preclude the exercise of any such right or remedy.
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's
<br />_.-.-_.~ss„-;a-~_ tf-~•_.•h ,at: ~-dtl~~(_the m¢ebtedness <etured by this \1nrtgage.
<br />... _
<br />_• 72: Remedies Ctrmutntire--A!I remedies pm~idc'd ~n tFzis Mork i~c are "listin'cr'anti ca::~al.,ifae - ga.^..!h=r nfkt_Q_L_.~...~
<br />remedy under-Ihis_Mnrtgage or atforded by law nr equity, and may he exercised cnncurrent(v, independently or successively.
<br />~i3..:Successors and _issCgn"s Houndt Joint and Sevrrai Liabitttyt Captions. The covenants and agreements herein
<br />contained shall-6ihd. and the, rights iseunder shall inure to, the respective mccescors and assiens a,f Lender and Borrower,
<br />xtbject to the provisions of paragraph I? hcrrnf. 411 covenants and agreements of Borrower shall he I+?irn and several.
<br />The captions and headings of the paragraphs of this Mortgage are fa- convenience Doty and are not ro he used to
<br />intcraret or define the provision, hereof.
<br />?,3. Notice. ><xcept fns an;~ ncsice rewired under app;icabic Iaa to be given :n anoit?er manner, tai ssasv rtuwz to
<br />Borrower provided :-"or in this Mongagr sh:dl he y,tven b}° mailing ,uch nonce by ccrJiflrd mail addressed ao Barroaw.r at
<br />the Proprrty Address or at sueh other ~rddress as Aormw•rr ma:- designate h} notice ro Lender as provided herein. and
<br />f6> an ttotice to C..cnder sfiail he ?;n~en by ezriified mail, rzhrrn ra c:pt rcgoesicd. n, i en~icr, ncidrrss staa•ai herein . r to
<br />sueh other addre<..<. as I~nxr rosy dc'<i.^.~ie F:~ n.*fir i:~ Nairrouer as pracrded i:rrc;a ~l v:v ;:once proe.dcct f.:r :r. tF.is
<br />Mortgage shat? bz 3eernrd io h, hri:o gn rn io Ri?rn,wcr or i ender +. hen grvcn m the manner :icsigaatctl iicrno.
<br />iS. L_'nifortn Aionva~e; Cuvrr.ring ~.»_; SsvrrahiiiSS~. fh,• !='!!n ,:l r..-- -., .- ±sfy,?_,<:. „ri±nn •~ -- .._._. 1,,, r--.. ,oat
<br />use and non-uniform covenants with timitcri v:uraaons ha iunsd:cnr t to u,nsm tc~a und'nmi Baca nti instrumutt ,vering
<br />nevi property. 'L9iis ~{oricace vi?a!i ,c w erred by the taw :,f ;hc :umJr. t:on : :vhish ,hr Property i} :oa•atcd, in the
<br />evens that any provision or clause of this Mortgage or thr Mute amFlict. With applicable law. ,uch amllict shah not abed
<br />o{her prmisions of this MorlgartC or the Vnir sabred can t?c erven cbrrt without the conflicting prnvi+ion, and to this
<br />cnJ ihr provisions of the Mortgage and the Vote ,nr dretared to he sever.:h{r
<br />ih. $urrxrwer's Copy. Bw rower shall hr fiirn:shcd .« ..~nh+:mnl copy nt the Vote .u?J :,f the, M1k?rigagc at the nine
<br />of txcartion or after recordation hereof.
<br />17. Transfer of thr Property: A, sumpiion. It all „r and part of the Proper t:~ ::r .m mtrr~ t thrum n wed or tran,fit red
<br />by Norrowcr without Lender's prior wntirn ei;nsc nt ancluding '.r! the .rcaha+n of e hen nr cncumhraua• udxttdin,nc to
<br />thin Mnrtgagr, (h) the creation of a purch:ur money ,ca urin mturcct for houuhuld npplramrs- tcl .: trinslcr hV dca isr,
<br />descent or by aprrsuon of law upon ttte death aF :+ ;Dolt :errant or -
<br />Lrnder may..d Lender'. ,gwon. declare aII nc~ won ,oared hw this R1origage ^~ he
<br />rtnmediatcly dire ;?tat{ payable. I ender ,halt 7?a+e ...«~ved vn h npt!on to .u rricr.ae :i .u .. ,:!, ::. .,, r?sler. I ceder
<br />:rod the Pc non m whom the Property is to be sold „r !ruaier red traeh age ecu?cnr m ., ntr: q; ri,;,rt nc~• ,- e.in of .~:, i ,,. n„u
<br />:5 sahcfactory to l.endrr and that the inter r,t payable .,n the ,um. secured b~ ihia \Inugagc ,hall hr at sun sate .r, I ruder
<br />shut! reyuest. If Lender hoc waived the nptron to acceter ats 1?; ovrded ::r thn p:+. r.: ~r.r pet + • r~,J ~! it:urr;s-c' . ,uace,-,.~~ r.
<br />interesi hoc executed a u~t ittrn assumption agreement aceeptett in writing by 1 ender. 1 ender ;hall relrasr R,xro;a c: Ir, n:: all
<br />obtigations under ibis .r.4ortgage and the Note.
<br />]f Lender cxen'ises sueh option h: a rcleratu. Lender .halt mai3 Aorruw«„r notru of aeeclerau,m ....ic..,.niance wtrf;
<br />pnregr:iph 14 hereof. Such noose .hall provide ., nanod of nn1 ley-+_ than ;Q dac. fr:,m the date thu nauia'c i. ni.iitcd audio
<br />=.whtch Rnrrnuer may pa} the gums des hued due It Borrower earls ~o p.,_ u.h .inn, pn„ .~~ :hr c nu.rbr,•, , .. «,h ~,a!
<br />i.ender ma}', without further nouac or dzmanil c,n Borrower.:nvokc ;im rrntrdirs pcrnunc,! b+ nnranph !:~ t,u cart iv
<br />Nov-t;Ntroast Cravt::rxti: s. Rtxrewrr and I.znder ratchet cosenani and .agree a:• t,rlt.rva.
<br />fig, 54ccelrrutiun; Renerdira, Except as pruvidrd in paragraph 17 hrreuf, upmi liorruwcr'a hrruch of ant .uvenaut ni
<br />agreement ut $t>rru»er in tpit 4teRgage, inclading the cavrnaute to pa) when due an} Bruns secured hr this 1lortpa{;r,
<br />!.ender prior to arrelerntken shat! maiC notice to $urro»rr as pots itlyd in paragraph 10 hrrcol sprcif)ing: tI! the breach:
<br />42) [hr acl[un retinired to curt sorb drench: 111 a date, nut frnti_s than 1U dn)s franc the dolt the uutire i. utaiird to Bur ru,. et.
<br />by ;rbkh such breach n:usi be curedf acid {a) brat Caitnre to aura such breach un ar before ;hr da{r spec tried ur the rubca-
<br />ma}' rrsail in acceirraliun of tier runts secured h) idh ltorigagr, furrelosure b) judicial pn,arcding and yak a[ nc~ Pn,prrl}.
<br />•fbe ttulkr shall farther inform $orrawrr of Ihr right to miruWh• after aa:rrlrralion and the right !u a+errl in rim furtriu.wr
<br />prw•erdhig the nun-exirterecr of a default nr an) athrr drfrasr uP &xro»rr ru uccrlrr orlon and lorech,vw e. 11 the h nab
<br />i~ nut cured nn nr brCurr fire dote sprcihrd in th*• nufic2, l.radrr ui I,rndrr s capture +i»r) deel:r?r alt of ihr suuu ..~, acrd by
<br />this ~tortgagr to be immrdiatrly dar and payable witboai turthcr detuand and nisi) fureckosr bs judwial prua ending. fcndrr
<br />idol} ter rntilird to collect in sucA procrzdhlg alt expenses of foreclossrrr, including, but not bruited k:, rude of dr.w uaia•mar)
<br />er'idrncr.:thstracty and rifia rrl,arts.
<br />ty aorruwcr`s Right ip lieinstatr. 'votwtthai,indrng i coact . .,,. c•i<:r.,.:.=rr _.+. 'nr .:,:n, ~ :.,i I, :.in, : ,
<br />!ic?erowci s_h€It have ih= right ro h~ r a- . •ra,~ cd?i?g. tvrgt~n ~, t ~ i t ,.r, ., w., xt, r-.s -::,, car.,: ..- - -,,.
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