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<br />Leader's written agreement ar applicable law. Borrower shalt pay [he amount of a!1 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 Ehis Mortgage. Clnless Borcower and Lender agree to other terms of payment. such
<br />amounts shall be payable upon notice from Lender to Borrower requesting payment thereaf. and shall bear inU~rest from the
<br />date of disbursemrnt at the rate payable from time to time on outstanding principal under the Note unless payment of
<br />interest ai 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 Lender to incur any expense or take
<br />any action hereunder.
<br />>!. hupectlor. Lender may make or cause to he made reasana6lt entries upon and inspections of the Property, provided
<br />that Lender shall give Borrower notice prior to any such inspection specifying reasonabke caum therefor related to Lender's
<br />interest in the Property.
<br />9. CordemnaNon. The proceeds of any award ar claim for damages, direct ar constquential, in aronnection with aay
<br />condemnation nr Mher taking of the Property, ar part thereaf, or for conveyance in lieu of condemnation, are hereby assigned
<br />ar.d shall be paid to Ixnder.
<br />In the event of a mtal taking of the Pmperty. Ffie proceeds shall }re applied to the sums secured by this Mortgage.
<br />with the exczss, if any, paid to Borrower. In the event of a partial taking of the Property, unless Barron _, and Lender
<br />otherwise agrce in writing, there shall be applied to the sums secured by this Mortgage such proportion of the proceeds
<br />as is equal to that protrortion which the amount of the sums secured by this Aiartga¢e immediately prior to the date of
<br />taking bears *.a the fair market value of the Property immtdixteiy prior to the date of taking, with the balance of the proceeds
<br />paid to BormwYr.
<br />if the Property is abandoned by Barrower, or if, after entice by (,ender to Aorrower that the condemnor offers to make
<br />an award or .v_ttle a claim for damages. Borrower fails to rtspand to Lender within' 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and appiv .4, ornceeds, at Lender's ogtion. either to restoration or repair of the
<br />Property or to the sums secured by this Mortgage.
<br />Unless Lender and Borrower otherwise agree in writiua, any each application of proceeds to principal shalt not extend
<br />ar pastpane the due date of the monthly installments referred tc in paragraphs i and '? hemsf ar chance the amount of
<br />such insiall[ttents
<br />19. Reeriatwt7 Vol Rths-red. Exrtn~;an of rl,a ,its for paymtnt cr ,^:~3i8oati;,n of amartization of the ,ems srnured
<br />by this Mortgage granttd by Lender to any succtssor to interest of Borrower shat! not opera:c to release. in any manner,
<br />the liability of the anginal Barrower and Horraw-er's ntccessots in interest. Le,:der shah net he required to commence
<br />proceedings against such succtssor or refitst to extend time for payment or otherwise modify amartization of the sums
<br />secured by this Martgage by mason of any demand made by the unglue( Barrower and Borrowers successors in interest.
<br />ri. Wnrieararce sq [.ender Not a'liafver. Ann forbearance by Lender in exercising any right or rcmtdy hereunder. ur
<br />atherwist afforded by applicable law, shalt oat he a waiver of or preclude the exercise of any such right or remedy.
<br />The procurement of insuran¢ or the paFTrsent of razes ar other !:ens ur charges by Lender shall not he a waiver of Lender's
<br />right to accelttate the maturirv of the indebtedness ctettred by thts .Ltortgaee.
<br />IL Rerredia C~dad-e. A11 remedies provrded rn this titott¢age ate distinct and vmutativt to any other right or
<br />remedy under this Martgage ar aHorded by law ar tgntty. and roan be ezetcistd concurnenth+. independently ar successively.
<br />13. Steeeearra and 4>~ss dorrd; Joipt tied Several i.iabiify: CaOdoes. i3re covtnants and agreements herein
<br />~rontainea shall bind, and the rights hereunder shall inure ta, the rtspectn e succtssarrs and assigns of Lender and Borrower.
<br />subject to the gmyisians of paragraph i? htrtat. :lll covenants and agrtements of Borrower chap t>e joint and several.
<br />The captiam aad trtadings of the paragraphs of this \lortgage are for .anventence „niv .and ire not to he used to
<br />interpret ar define the provisiotn hereof.
<br />I{. 'tiotien Except for any nutter required under applicable taw to Fre given rn artather manner, ial env notice [o
<br />Borrower provided ,far in this Mortgage shalt lee gtvtn by mailing vets nonce by czrttfied mail addressed to Borrower at
<br />the Property .4ddrtss or at such ether address as ~orrawer may designate I,}' zmtice to Lender as provided herein, and
<br />thl any notice to Lender shalt ht given fry eerufied marl, trtum rtt~tipt t*tquested. to Lender's address stated herein nr to
<br />such other address as Leader may designate by neuter tc: Barn+wtr as r+mvided htmn. Ann aptict provided for in this
<br />IMnrtgagt shalt be deemed to ha4•e been gis•en to 13armwtr or isndcr when. grvtn in tht manner designxied herein.
<br />IS. Urlors ~iorl;aRe; GarernirR iaw: Sewerabiiily. Thrs term c*f martgagt combints unifarm cavenanis for natienai
<br />use and non-unifarm eovtnants with ismtted variations t;v iurtsdtctn3n to canSt}tutt a unifarm secvniy instrument covering
<br />real properly. :his !Mortgage shall Ire gavtrtxd My the law au the :unsdicuan :n which tht Property is faceted. In the
<br />event that any pravisiar, ar clause of this Martgage or the Natt cautdicts •xith applicable law, such conflict cite(( rot a#fect
<br />tither gmvisians of this Mortgage or the Nate whaEtt can C~ _vtn tffta:t wi,=Itnut tilt etnflicting prpvisian_ and to this
<br />rnd the gravisians of the Mcrr4gage and the tiott ate .leclatrd to C,t sererabie_
<br />1i, lrrfewer's Cary. Borrower sitali he furntshed a .antotnred ropy of the Nott and ^{ this Mortgage at the time
<br />of execution ar afar tseeardaarnt hereof.
<br />1'I' 7Frrefa o[ t-e 7::ltwsrMier• If a33 or aay part et the Frapeny or an tnttrest thtrein is ,old or transferred
<br />by Borrower without Ltrrdeis otter written csra~nt, excluding tar zht creation o(a lien ur ena-umbrance xulwrdmate to
<br />this Martgage, tb5 the crea[ian of a purchase money ses:urity interest for hoessehttld appliances, te} a transfer by dtvise,
<br />descent or by aptratioa of law upon the attath of n iasnt ttnart e,r +dt tttt grant :.f any #tasehold interest of three nears or lees
<br />not couiaininy an option is purehast, Larder may, at Lrndei v apttan. dtilart ail the soots secured fiy This 4tortgage to be
<br />imtecd€ately due and payr~}t. Lender ;ltyll bent •aatved cucis c>ptran ro acarizrztz rf. prier to tht ,ate or transfer. L,znder
<br />anal the ptt•aolt to,r:hegt iht Property is t~, bt stal<9.y transtured ,teach agrt=mtnt .n wrrttrg that the credit of such pet~n
<br />is satisfy ;arty is Lender acid drat tht interest payable x itse sums "trursd by thi+ il.artgage shat! fit at such tart as Lender
<br />shall regtaest_ If Ltxrder has waictd ztet optia?n to a-:.ctlrrate pn:vi-3ed ir: this paragraph 13, and i! Barrawes's sucttssor in
<br />tnieaest bas exauted a writtrn a~umptian agttetnont acetpted in venting by Lender, under shah rtltase Borrower Pram alt
<br />ohiigatiaos utzKler this Mongagt attd the Vote.
<br />if Lender exercises such option to ac ~Itrate. I~enaitr shat, mail Barrower notrce of accelerate on in accordance with
<br />garayt'aph 1S hereof, Suds ikstiit 'shall pravtdt a gtrrod •^t t7at less than 3U days tram tIre date the ratio is nrailed w•itl:m
<br />which Borraaset may pay the sums declared dye. If Hanover felts sa pay sash wms prior to the e>,pirauon .;f stitch pencxt,
<br />Lender may, without #.trtbtr tta(ict ox dtmytrd on Borraa~er, ~nyalt any retrseditx pcrmrtt-d by paragraph i g htreof.
<br />Vnt+-Uxrwat.rCnvfttarrrs. 8anuwet and i.eo.ler #urthtr coaenarst and agree es follows:
<br />IB+ ieeelelallar; Re~atGta. Excep ac rroriied it i~raLralti 17 hereof, opus Borrower's breach of aay coverapi or
<br />~t+rt of Mcrrattr fr tits MerlRaRe, irclriiag tie cowepyots to pay when dnerry sums snared by ihix ~tor/Rtyte,
<br />I.elMle+ ~ h acc,eleaalisr sitlr rvatl notice to tbrrotwer ys rrovideaf it iaraRryri 14 ietwf specifyirgl: tlt tie breach;
<br />tx) tis actlrr t!aryrits~ b rrre; fitsY hrarrit tJi a dale, not lets ilea JO days [raver tht dale tttc [rrtiee is rtraikd [v Borrawtt,
<br />iY ~ srici trraci alrY 4 crre~ ats~ {ss tint fallrte to acre xpci beeyci op or before tine darn speciSrA in the reotiee
<br />iwsy raastM it aaxdersteer o/ lie arrre secured by this WorlRyge, forethrmrs by irdkid pro.eediryl anti yak of the Prarpsriy,
<br />7is rseiGse sir( frsier lrfwsr lrtrower ut fle rifer io rsirslats after aceskratirra and the rittit to assert in live fnreeclowre
<br />~'»~ lYtt rorratiMeres +at a defaril qtr ar}' Drier akferre of Borrower to accileratNrp and forsclosrrs. !f the ]rrsash
<br />i rrl creel ar w trdws tie dale aMecitid it tie wake, t,srlkr at Leniler'.s orliwi may declare rU u[ the xupi. r+ecarod b}
<br />WY 3l(rrlBahg b ie ltewraMlr/ety dre ad rrsahie wilMwt frrlier deaurd sad ntag Porectaass by jadktal groccedlar. [rpder
<br />sYiM Its etetiYel to crrilset ~ sssri r+ocs~g alai expanrts eat forerhssure, itnirdirX, Iwt rco[ tinraed w, roatx art darcuntrntary
<br />er~ilearr, rrlMlrsr'u awl fUs reror4.
<br />tAf. ~IN'spwta'ti Rf[il t@ Nsawafs. ":a.twittixtending txrtaiex's a~.'zlet ata.'.n .~i t#ae +2;nas ,c.:ur># i+v thty !rlori~,agc.
<br />Hertasiwer shall have ilic ci;ht to have any prxetdirlgy itcgur, #ry 1 ca:dtr tt, .nrr,r~r sizes ~lortgaga- ,itsa{murua,ad at .aay :roc
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