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<br />Lender's wrinen agreement or applicable law. Borrower shalt pay the amount of all mongage 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. LJntess Borrower and Lender agree to other terms of psymem. such
<br />-. amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, acrd shall bear interest ffom the-
<br />date of disbursement at the rate payable from time to time on outstanding principal under the Nnts unless payment of-
<br />interest at such rate would be contrary to applicable law. in which event such amounts shall hear interest at the highest rate
<br />permissible under applicable law. Nothing contained in this paragraph 7 shall require [.ender to incur any expmrse a take.
<br />any action hereunder.
<br />8. Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property, pirwidat
<br />that Lender shall give Bnrrowrr notice prior to any such inspection specifying reasonable cause therefor related fo Lenrfer's-
<br />interest in the Property.
<br />9. Condemnatbn. The proceeds of am• award ar claim for damages. direct or consequential, in connection with any
<br />condemnation or ether taking nt the Properly, or pan thereof, or For conveyance in lieu of condemnation, are herchy assigned.
<br />and shall he paid to Lender.
<br />In the event of a coral taking of the Property. the proceeds shall be applied to the sums secured by this Mortgage.
<br />with the excess, if am'. {,aid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />olherwtsc agree in writing, there shall he applied to the sums secured by this Mortgage such proportion of the proeeeds-
<br />as is equal to that proportion which ;he amount of the sums secured by this Mortgage immediately prior to the date of
<br />raking bears m [he fair market valor of the Property immediately prior to the date of taking, with the baiantt of the ptotteds
<br />paid to Borrower.
<br />If the Pnperty is abandoned by Borrower, nr if, after notice by Lender to Borrower that the condemnor offers to tttaka
<br />an award or nettle a claim for damages. Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed. Lender is authorized rn collect and apply the pra:eeds, at Lender's option, either to restoration or rt:paic of the
<br />Property or to the sums secured be this Mortgage.
<br />Unless Lender and Hnrrow'er orhena•ise agree in writing, any such application of proceeds eo principal shall nor eztrnd
<br />or postpone the due date of nc~ monthly installments referred to in paragraphs t and Z hereof or change the amount of
<br />such installments.
<br />10. Borrower Nat Released. Extension of the tidte for payment nr modification of amonization of the sums seeurcd-
<br />by [hrs MnngaoP vrar,r,.,i i,x. 1 P.,na to any successor in interest of Borrower shall not operate to release, in any manner,
<br />nc~-I (1~abfCyM~ar~rllrtF rand Borrower's successors in interest Lender shall not be required to commence
<br />prnce~ togs .!~p~fc/tg~or -x rcfust to extend lime for payment or Mhcrwise modify amortization of the sums
<br />recur tt~llgs~lN-M!!!/ftl of any demand made by the original Borrower and Borrowers successors in interest.
<br />a2r Vrat a Waiver. Any forhearance by Lender in exercising any right or remedy heretnder. nr
<br />otherwise afforded t,y applicabc law. shall nor he o waiver of or preclude the exercise of any such right nr remedy.
<br />The procurement of insurance or the payment of taxes or other liens or charges by i.ender shall not he a waiver of 1_enderi
<br />right to accelerate the maturity of the mdrhrednecs secured by this Mortgage.
<br />72. Remedies Cumulalise. All remedies pmsidrd in this hfortgage arc distinct anti cumulative to any other right or
<br />remcde under this Mortgage or afforded by law or cquin~, :rod may he exercised coricurmntly, independently or successively.
<br />13. Successors and --lssigns 'nwnd: Jairu and Several Liab{Hty; Captians. The covenants and agreements herein
<br />cnntauted shall bind, and the rights aereunder shall inure to, The respective successnn and assign. of i.ender and Borrower,
<br />subject to the provisions o: paragraph 17 hereof. All covenants and agreements of Borrower shall be joint and several
<br />The captions and headings of the paragraphs of this Mortgage are Fnr convenience only anti are not In he used ~n
<br />interpret or drhne the provsiom hereof.
<br />/4. Notice. Except (nr any nonce required under applicable law to he given in artothrr manner, (ai any notice to
<br />Borrower prnvrded Inc in this Mortgage shall he green by mailing weh nonce M een,fied moil addressed to Borrower at
<br />the Prnprnv' Address or .,t n:ch or her adders. us B:+rn+wer rose des,gn:ue ht notice to Lender as provided herein, and
<br />thl any nonce to Lender shall he ercen by crrtiHed matt. return receipt requtstcd, io t endci s address stated herein .u to
<br />such ether address as Lender may decigna[e by notice m Borrower as proe,dal herein. 4nv notice provided !:,r in this
<br />Mortgage shall he dzemed ro have been grsrn rn Bnrrowrr nr f ceder when given in lac manner aicsignatcd f±tre!n,
<br />15. Uniform M1fosgage; <:avemina ha..: Seven611kr. ~Rris form of mnnga>zc von?hinrs unrform .ovenants Fnr nuunnal
<br />use anJ non-uniform awenants with limited vanauons by lunsdrerinn to consuurtt a uniform security instrument covering
<br />real propene. Phis Mortgage shall he governed by the I:rw •d the ,urea@chon is which the Proprrn' „located. In the
<br />event that any provaton or clause of thrs Mortgage nr the Note aaNlicrs with applicable law', Sufi nsnllict shall not affect
<br />other proauions of this Mortgage or the Nate wh,ch c:m hr green clttct =a ithrnu the conflicting provision, and u+ this
<br />coil the pmvzinns of the Mnrlgage and the 'tote are Jrclarrd !u I+r ,evrrahlr
<br />16, Borrower's Cop}'. Bnrrowrr shall hr funusheJ ., con6+rmrd a,pv at the Note :rod of chi, Mnrtgagt at the hint
<br />of cxccwion or ,rftrr rrccrrdalion hcrcoi.
<br />?. Transfer of the Properly; Axsumptbn. if :dV or any pert of the Property or an rmtrest therein is s„Id or transfer red
<br />hy' Borrow cr wrthow Lender's poor written .onstm. excluding far the .tendon o(a hen nr rncumbrante suhordinatt to
<br />thu Mnrlgage, fb) the creauan .,f .: purrh:tsr money .ecuruy uucre+l for household appliances. ,cl :. transfer by des isr.
<br />dtscem or by operation .J law upon the death of ., ~,auu tenant or
<br />I,cntirr m:q. at i coda`, opium. decl arc eII nc~ sums sccmtd by this Mnrlgage t.~ ht
<br />rmmed,atcly dot :rod payuhlr I ender shall have ,, ,,,.eJ su.n opu.m a, .uaderatc ,I. prior ro the ,.de ,~r transfer. ! endtt
<br />anJ fhr I><nun to whom nc~ Pn,lxeny is to M' sand ,n transtrr red rca.h .g,srmm~r m wntmg thot nc~ sreJ,t of smh person
<br />is satis(actnrv u, l.cnder and rte a, the inurtsl pay, hIc an the ,,.ns scsun•d by ;i,is !N nnguge ~-hall t,t• at w.h rate .,s 1 ender
<br />shall request. It Lender has wward nc~ npuon to accelerate ptovrdrd ,n thu {+,u'agrtrph U..md d tiro rower's sus a•s,oi w
<br />interest has executed a wnnen aswmpr.an agrcrmtnt accepted m +snnng by Lcndcr. Leader shall release Bon ow tr fnnn all
<br />obligaoons under this Mortgage and the Nt:t.
<br />1f Lender exerticcs such npuon h+ ucreler,de. I ardtr ,h„~I mad Bonowrr not,cr ni celer,a;an confaua' wuh
<br />,araggrph :-1 t+. rrnF tiuch nnutc ,hall pre=a~,dc s t?ernd -•( +:-_ :css .hare 3ti a;aa Ir.=ny xhr „ate I'.e n.=: ic. r_ +rtiitd ;, i:hra
<br />which &n a,w er rem} pay the w:m .Ire Ln ed dac 1=, Burenwe, :e:;; •., pas such ~ttns pr r, :; ,•, the vap,rau~,n ~+t -n.h I.vnnd.
<br />I ender may, wrthour hu'ther nonce or Jtmand au Banvwcr, unokC an} remedies pe.rnnne,l fu paragraph IA hrrtnf.
<br />Nrrv+~UNrtoxnt luvennti t s. Bnn ow•rr .end 1 coder funhrr cuvmtuu and agree as Lriinw-n-
<br />Ig. Aece{erWiou; Iltrmedies. Except as provided in patrq{raph 17 hereof, upon Borrower's hrrrrtlr nl say covenant nr
<br />rrgreenrenl of Burrower in this Mort{{agr, includinr{ the cot earmx lu pay whrx due any wins secured by thu ylortKaKr,
<br />leader prior to rceekratwa shell mxil rwtiee to Bnrrowrr as pro. idrd in parartrapb I4 Attar{ specifying: rIi the hreach:
<br />t21 fhr retina reyuked ru cure swh Ixrwhi 131 a date, not less than 3a drtys from ti;r drte the ostler {s ntaikd to Bnrrowrr.
<br />by which srrh hreach must be eared; sad 141 tArl fadare to cure such brraa9r ua or 6efuee the date sprufird in nc~ outlet
<br />may rew{r in actrkrrtion of the twos xcurrd by tpix '`tortyrge, fweclr»urr by judicial pnicerdirgt and sett nt nc~ Pn.pcrry.
<br />'fhr notce shall ton her iatorm liutruwer of rhv ri{{M to reinststt after utcrtrratlux and fhr riKtrt to uwsrn in the l.xa br+.urr
<br />pfxaxrdlap, fhr rwa-rxisrmrr of a ekfaatl ar axy other rkfrwe of Iturruwer to rccrkraliua sad Grnduwrr. If Ihr breach
<br />h aW cured on or hrtorr fhr Aarr sprr'ilieJ ip Ihr rwtuc, l.rader at l.rxdeis op[Mtu pray dealrrt aft of nc~ wars secured 1>y
<br />thh htuttkretyr w hr immrdirtrly due arM payable without further rkmaad sad may farrxiusr by judicial prw•redirrg. Lender
<br />shr{I he totaled ro calkct rn such pruarrdiag aB expewrs td fw'rthrsure, iatludhrg, but nut lunllr6 ttw aril. or dtw~urutorary
<br />evWrncr, ahslracrx and fwk repass.
<br />i9. Barrawzrs €tigtri io {leiastate. s:,+twuirst.,r;.l:ng ;lode:': .a.... e....,, :-,r ;., ..,;;e, -.~. red r~s iP:r: 41,+:..
<br />i"sour-,. s. ., hers :n: rigiv ~. re .c u,) {s:.necd:nj,, hcgmr iy i .-~ ,-,i t~~,., in, St, •...~nr r„~sa .. ~ .r ~n,..
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