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<br />Lender's written agreement ar applicable taw, Borrower shall pay the amount of ail mattgage insurance premiums in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Ixnder pursuant to this paragraph 7. with interest thereon, shall become additional
<br />indebtedness of Harrower secured h}' this Mnrtgage. Unless Harrower and Lender agree to other terms of payment, such
<br />amounts shalt be payable upon notice from (.ender to Borrower requesting payment thereof, and shall bear interest frvxn the
<br />date of disbursement at the rate payable from time to time on outstanding principal under the No[e unless payment of -
<br />interest at such rate would be contrary to applicable law.'in which event such amoums shall hear interest a[ the highest rate
<br />permissible under applicable taw. Nothing contained in this paragraph 7 shalt require Lender to incur any expense or take
<br />any action hereunder.
<br />8. Inspection. Lender may make nr cause to he made reasonable entries upon and inspections of the Property. provided
<br />that Lender shalt give Borrower native prior to an}• such inspection specifying reasonable cause therefor related to 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, nr part thereof, or for conveyance in lieu of condemnation, arc hereby assigned
<br />and shall be paid ro Lender.
<br />In the event of a total taking of the Property, the proceeds shall br applied to the sums secured by this Mortgage.
<br />with the excess, if any, paid to Borrower in the even[ of a partial taking of the Property. unless Harrower a-td Lender
<br />otherwise agree in writing, there shall he applied to the sums secured by this Mortgage such proportion of the procceds
<br />., as is equal to that propartion which tF.e amount of the sums secured by this Mortgage immediately prior to the date of
<br />taking bears to the fair market value of rhr 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 1_ender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Borrower fails to respond to tender within 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and apply the praureds, at Lender's aption. either to restoration or repair of the
<br />Property or to the sums secured by this Mnrtgage.
<br />Unless Lender and Borrower o[hrnvise agree in wrong, any such application of proceeds to principa{ shall not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs i and 2 hereof ar change the amoum of
<br />such installments.
<br />10. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender_ to any successor in interest of Borrower shall not operate to release. in any manner,
<br />the light tt~t e.,pt}gt~y&yd borrower's successors in interest. Lender shall oat he required to commence
<br />procecditigs gem nst sq~tftirer~~r fuse to extend time for payment nr otherwise modify amortization of Ehe sums
<br />secured h} th+s-M{(ctg~gg..lyro~~tWi m}' demand made by the original Borrower and Borrower's successors in interest.
<br />tl. Fortreararree Vainer. Any fnrbrarancc by i.endrr in exercising nnv right or remedy hereunder, ar
<br />otherwise afforded by npp!icablc law, shall not he a waiver of or preclude the exercise of anp such right or remedy.
<br />The procurement oI insurance or Ihr payment of taxes nr other liens sir charges by Lender shall not he a waiver of Lender's
<br />,. ..:......,~..,... ..:~:. ............ ,. .,.,,,tea ,,,
<br />12. 8emedies Cumulative. all remedies pnn riled m live. Mnrtgage arc disinct and nrmu;ative to env other right or
<br />remedy under this Mortgage or afforded he Inw or ryuin'..rnd mac be axerris¢d rnncurrentlc, independently or sueecssivel}'.
<br />13. Successors and :ltsfgns n,:vnd: 1ai~d and Srsrral LiahiBtr: Captions. The c vcnants and agreements herein
<br />cantained shall hind, and the rights hereunder shall none to+, the rcsprruve successors and sascigns of Lender and Borrower.
<br />subject to the provisions of paragraph I7 herml :III <ovcnants -sod agreement. oC Borrower shall be joint and several.
<br />Thr captions and headings at the paragraphs n( this Mortgage err for a,m~enience Doty and arc not to ht usi:d to
<br />inter;sret or dc5ne ills previsions hrreo€.
<br />14. Notice. Except for any notice rcyuin•d under upplicxbic tax m he given in ;mother manner. Cr) any Duties to
<br />Bnr-rower provided Far in this Mortgage shall he gren by moiling ,urh noucc he rcrutied mail uddresud to Borrower at
<br />the Pro~rty Address er at such other address as Bcuroucr ma}' designate by rxxicr to ! ena4!r es lxrovink'd he; tin, :aril
<br />ih) ary native ro Center sh;dl F±e given h} verb ficd mad. rca:rn receipt requeaced, to t enders address stated 'herein nr to
<br />such u!her address as Lender eta} designate he notice to Borrower as provided he. tin. -env notice pnn•rded ?,.r ~n ?his
<br />Mnr!g' =,t:a31 !~ deco+r+.t *.a kav-. !+ern e ra ;~, Br;rrswv-r or .ender aheri :: cn u. chi i anncr d signaled h,-- r
<br />15h~Uniform !M1tatYgage; Governin[s Lsw; Sevrrabilify, This form of mnrtgagc• aomt?ires uniform arcenant,rfnr naunnal
<br />ese and non-uniform covcr;ants with timiteai vnnauons by juris,hrtion to eonsl:urtr a uniform scrum}- insu i.ntrtu can-eying
<br />real properp~. This Mortgage shall he governai by the law of the iu risdiau,n in which the Property is lo. aced. In the
<br />event that anp provision nr clatse .,f [his Mnrtgage or the lots conflicts with upplieahle lain, such ronllict shall not ntiect
<br />orbs[ pro, tsinns of this Monbagc nr the Nntc whteh can 6c uivrn cifcq unhout the asetlicting pruvisi.m. and to this
<br />end the pmvisiorx of the Mortgage and the \~otr arc dcrlared n, be ,everahlc.
<br />fti. Borrawer's Cop}-. 8cx n,ss cr ,hull he furnished a coniarmcd :opy ,.i the tiorr .roil of chi. ~t orl.!agc ar nc~ vine
<br />of cxecmion or alter rrconlatiurt hereof
<br />i7. Transfer of the Property; Assumption. tl nil sir any p.nt of the Pn,pem i•r .m :ntvrest therein is ,.,Ict ,•r ~, au,!ci red
<br />by Borrower withom I_cnder's prior wi ntvn consent, euluding ter ;hc rrcatu,n „f a .ic:v .+i rrrumhr•;aar ,uh,xdm.ttc to
<br />this Mortgage, tb) ttxe creatinie „f .; ry.rrr h..u mruey uauny uttcrest for hoiuchuid apphan. es. lit s u;ux(cs Lv dr,ise.
<br />descent or by uperntw^ of lax open rhr. dec~h a(a louu tenant or
<br />_- f.rndcr niay, at La'ndcr•s apuon. declare ,di nc~ sum. sc. urrd hs etas ii:nrgngc r: isc
<br />itnmcdiatcly due :md~payah}r I ender shall hove x.uvrd such upuon le usrelri.de rt poor r., nc~ ,.:, nr rr;uistcr I ender
<br />and Ihr person to whom the Prnl><'.nc is to he .old or transferred reach ecra•rntcnr m -., riving ;bar the .rr,hr „! xr.h I,c non
<br />is satisf:.etary tr, L.encter and that the ina•rest payable nn the won secured by iiu- xlongagr ~:ntl he .n ,.:.h r ce as i ender
<br />shaft request. if Lender has waved nc~ option to irccclenuc provided in :h:, !<: r.i6ruph I 1 ~:end it Bot a,xor-. ,a.. „a..
<br />interest has exeeutrif a u-ritfen assampnon agreement accepted in wr'iong b}' i ender Lrndet shall rrte:ue Bon ower ai rom ah
<br />obligations under this Mortgage and the Natr.
<br />if Lender exercises sarh option to acaelerve. !cndrr shall mail Ronox cr noires .n .c .eierauon sir u«ordan~r xuh
<br />n;tragraph 14 h rrof ° -s : __ -h..:, .-.:- ~ t - -.! r -.; c, ..te t tt• ,la.. r.:,~, Gr -',- tt4 .r,d ra. ,+ ~:;>si a._h:..
<br />which Borr svu nta}' pa} the sums del tar ai rl+a'.. ll Ik,rrs.x cr Luis ~ ,+ny vi, h ,o. t...n r ;hr rspira ., t .. ,.:.1• h. :aa
<br />Lender may. wirhum furthor notrcr ar demand rnt Barrnxer- mrake any ranxid:cs penn:nrd h} I,aragrgth . S hcrrel
<br />htnH-Utairot«t Cov€xw~i s- Hsu rower and Ix°ndrr turtker ca, rr,,: rt anJ .,}aa~ .r, Inllox s.
<br />I6. Accelrratlon: ften+edies. ISz rcpt ns proviilril in paragraph it hrreut, apart ftarrux er's hrrach aE guy r sena:.t or
<br />agreement of Borrower in chi tk+rtgaf:r, inrludiug rttr ens cam+ts to pay xhrn <hrr any sums secured by this \Inrtguge.
<br />Lender priar to acreleratfnn shalt matt notice to Borrawrr as pros tiled in paragraph iJ hereat specifying: Il} Ute breach:
<br />II) rhr at•tinn mqufrrd to cure sarh hrrach; t3) a date, not Iris than .lU Aays from the date the nutter ix mailed to Borrower,
<br />h}• which sarh breach must ter cured, and 1J) that tailors to cure such breach nn or below the date -speciticd in the notice
<br />may result in aeeelrrafian of rhr soots srcurrd by chi, llorlg,rgr, F.rwclosurr by judicial provca.liuy; nod sale of rhr Property.
<br />'fhr notice shah further inform ltormnrr of the right m reinstate a[tcr aaeclcrutenu :uni the right to :uscrt in ihv lorrdusun•
<br />~prnereding Ihr non•rxlstence of a defmdl ar ens udtrr Aefrnsc sit Sornn*er m accrieration and fua'clusttrc. ^ the hrrach
<br />is not cured nn nr brfare the date specified iu Ihr native, Lender at Lenilcr'n optlwn may devtare ail of rhr soon srruwrl by
<br />Ihls Marl„age Ut tee immrdiatetg due anti pat able witbuut further airntand :rod one; fu«•cluu• h} judicial pracaviliny:. t a•nalrr
<br />shall hr +atitirtl to eollert in such prnercdbrg nU rxpettses of Eorecla aurr, including, but nut limited tu, +usts of ducrun.-sitar
<br />evidence, abstracts and title reports.
<br />: Borrxrwcr's t2rghi io Sirinstate. 4nts ithstami:ug ieadr: ~, ...a.....,. .: u:c ,:: rrs ,~ .,ad is Nn, \i.:r,earir.
<br />Harrower shnii have the right .o h.»e am pruaecdmg, i,rkun ht I rpdri :~~~ ,r,~i, ,_~ :hn xi: i:t..:,~ ~in.nn: n:, ,.i .~ .::. ~, inn:..
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