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<br />Leader's written agreement or applicable law. Borrower shat[ pay the amount of al! mortgage insurance premiums in the
<br />manner pt'avided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to ibis paragraph ?, with interest thereon, shad become additional
<br />indebtedness of Harrower secured by this binrtgage. Unless Borrower and Lander agree 20 other tet'ms of payment, such
<br />amounts shall be payable upon notice frem Tinder m Borower requesting payment thereof, and strati bear interest from the
<br />date of disbursement ai the rate payable from time to time on otrtstanding principal under the Note unless payment o#-
<br />intertst at such rate would be contrary to applicable taw, in which event such amounts shall bear interest of the highest sate
<br />permissible ender applicable taw. Nothing contained in this paragraph 7 shall requite Lender to incur any expense or take
<br />any action hereunder.
<br />g. iespectiaa. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />chat Lender shall give Borrarver notice prior fo any such inspection specifying reasonable cause therefor related to Lender's-
<br />irteresi in the Property'.
<br />9. Cat~~emngtlon. The proceeds of any aw,.rd or claim far damages, direct or consequential, in connection with any.
<br />condemnation or other taking a£ the Property. or part thereof, or for conveyance in lieu of condemner"tan, are hereby assigned--
<br />and shall be paid to Lender.
<br />fn the event of a total taking of the Property. the proceeds shall be applied to the sums secured by this Mortgage.
<br />with the excess, if an}•, paid to Borrower. in the event of a partial taking of the Property, unless Borrower and Leader
<br />otherwise agree in writing, there shall he applied to 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 Mottgage immediately prior to the date of
<br />taking bears to the fair market valor of the Property immediatey prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower. ar if, after notice by finder to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Borrower faits to respond to Lender within 30 days after the date such notice is
<br />ma)IerL Yrnder is atxtitomPxl to sal4ect a._nd apply the proc~afa, at Lender's option. either to restorarlon ni t+-~ir a€ thy.
<br />Prapetn- cr to the sums secured tn' this hfongage.
<br />Unless I_cndtr and Borrower otherwise agree in writing. any such application of proceeds to prncipat shat[ not extend
<br />ar postpone thr due dart of the mantftly installments referred to in paragraphs 1 and 2 hereof or change the amount of
<br />SaClt )n5tallEr ~`m5.
<br />ifr. Borrower Not Released. Extension of the time for payment or mndincation of amortization of the sums secured
<br />by ;his Mangage granted by Lender to any successor in interest of 3arsower shat{ not operate to mlease, in any manner,
<br />the liability of the original Borrower and Eorsaw€r's successors in interest. Lender sha!i not be required to wmmence
<br />proceedings opal est such successor or refuse to extend time for payment ar otherwise modify amortization of the sums
<br />secured by this biertgage by reason of any demand made 6y the original Borrower and Borrower's successors in inteteest.
<br />? i. Farttrarxxs by f,eadtr Not a V9airrr. Any forbearance by Lender in exercising any right ar remedy Hereunder, or
<br />otherwise affonied by applicabfe law, shall not lre a waiver of ar preclude the exercise oP any etch right or remedy.
<br />The procurement of insvrarce or the ,rayment of taxes ar other !itns or charges by Lrnder shall not he a waiver of Lender's
<br />right ro accelerate the manirity of tfit indebtedness secured by this :4tartgage.
<br />i?. Remsdies Cum»iative. All rmedies provided in this Mortgage are distinct and cumulative to any other right or
<br />remedy under this ;bfongage ar atfrn:ed by !aw er rgvny. ,md may be exernsed cnncurr.:nt$'. independently ar successively.
<br />13. Surets!ars and Assigns Bound; Soint acrd Sxverat tasbiiEty; Captious. lltt covenants and agreements herein
<br />contained shalt hind, and the rights hereunder shall mute tu, the rrsptcuve successors and assigns of Lender and $orrower.
<br />sub;rct to the ; mvisicns cf parae.rapi3 tR bettor, ,41i covenants and agrcY mcnts of $armwcr shall tie faint and si;veral.
<br />--- °-- - - -° °°~ -- - _ `-----" .,+ .,.., '.4#^.ngaga° a:. .:,: .c;nver-.stove ant, s;n;1 are n_;t tc !x irs2d +.,
<br />inteepret~or°dcfint the°p: ovrs'sans~~htren{sg
<br />f~. 'tiatiee. irxttpt for any nonce rcyuirrd under applicable law to be given in another manner, ta} any notice to
<br />--- - ~ --.- -- err .r. t his ~ -rag€ -- n€ yiv€n h-> mailing, .--n na.iai- h- -cz;tied mail addressed e- - -.vet --
<br />Fl*.=1,P.r-.'?i _`np Addre> ~t _F`...:°r. - .a ,av 1;3rtt)*W~r tTTS:' dr:`.ik:'tat2 by tecFii_v `T I.. a5 r .i:l~d hw_rs ..+°;~"1
<br />lh) art? n+ ,-lnUCf -na,l „e glscn n) seret5sd mall. eteltil rt('e,pl -t'gllt\led, to lender- addrtt5•)tatt0 herCiii, [+r+i4)
<br />such otlter address as Lender rteav desiuiate by notice to Borrawtr ax orovidtd herein. Anv notice oruvided far in this
<br />hi7rigage shat[ f~ d€€mai to have t+~r, ytvcn to liorrowcr "r l.rndtr whrn gts°en to the manner designated herein.
<br />ts. itnar'ar~s ~©~age; iarrmirrg_ Isw; titveaaarir~r. ifiir form of mnrtuare cnmh[nea uniform covenants far natim7al
<br />ace and Wen-uniform. coutnnnts •a•ith limited variaUOns h}' tunsdiuipn to constitute a ttnifa; rt security instntment covering
<br />real property. `iltis Mc+rigagt shall tx governed by the law of the iurisdiction in which tfie Property is Itkattd. In the
<br />went the! any prevision or clxusc of this hiangagr er the 'dote cantlicts with appticabft law, such conflict shall net :dicer
<br />athee provisions of this Mortgab~ ur the ^iotr which con be given etiect without the conflicting provision. and to this
<br />end the provision, of the `tiiengaga and the tiote arc declared to ere sevrrab}e.
<br />f3. $tsrrc,:errs Capy. 4arrawrt sRafi f>c furnished a conform€d .opy of the iloee and cf this Mar)gag€ at the time
<br />cf exrtttdan or after recordation htr€af.
<br />t'S. "?'rarxsftr of ihr Property; :4uismptio»° 1( all or any part of the Properly or nn interest [herein is sold ,+r transftrrcd
<br />bi' Borrower without Lender's prier written censcnt. txehaiing (a) the cteatioa of a lien ar rncumbrat>`-r sufxa•dinatr ue
<br />this ~iongaga. Ib} the rrtation of a purvlt;at ~naney kcut'it}- interest for household appliances, fe) a iransfrr hp devise,
<br />dtscrnt er by operation ul' law upon the death of a )aint tenant cr tdt the grant of any itssehald utterest of three years ox less
<br />oat containh:g art option to purchase. Lender Wray, at l.rndcr's aptron, dcelart ail the coons scaurcd by this Murtgagt to be
<br />immediately dur and payable. l..ender shall hoe-c calved such upuon to xcccleratt ,f, pric+r w thr 4ae or trnnsfer, !.ender
<br />and the trtrsnn to whets thr Progeny is w br said .rr tranaterred reach agrretnent in writing fhst the credit of such person
<br />is satisfactory eta fender and that !fit intrstst payable un the sums secured by this 4lartsagr shat[ he at such rste ss t-ender
<br />stnsii rrdettst. Et I_ersttr his waived the option to aectierate providrd la !hr`s paragraph [?, atxd ii Boxrrawi:€'s su~eesscr to
<br />inferrer has txecutad s written usmnptian agreement accepted in writing by [.ender, Lender shall release Horrawtr (ram ati
<br />abtigatians under this ivdartgaga+ erx-1 thv hTazr,
<br />If Lendrr exercises sta~h aptiatt to as~~ekratr, Lro<kr .half mats Borrower native of svYtktration an a,.,curdatn:r wuh
<br />i ~i'agrapr: 5-s i°4rear. :s'.Y :~ fiViie'C strati priri'iile a fr~riiizt nit itc'i teat kflkti #fi dug3 Frehn tfic Bair ifiv iRittzY i. matieal i~Yintii
<br />wi7ieh Butn)wrr tray t'ay the sums declared due. ii i€arrvwrr faits ni pay such sums pror is the rspirmtinn +,f Sikh pcrnid,
<br />Lrnder may, k•itrs~ut further tiati Y or demand on ttorrt,wer, ~nvv+kt any retnedtes per'mnted by paragraph i'i hereof.
<br />tti aN•Ltii•tta*t <°ov~,:+kv-rs. Bc,trrwcr and t.rnber funhti•;r c+~venant eked agrtt as follows:
<br />18. ~}.trtirratiu»; ittmcdicr. Ftts°ept as prasirlyd to paragraph it ttrrraf, upon Borrawrr's brrarfi of ear rvivrnant oc
<br />agrortnerd ai Borrower in thbt \iurigage. iucfadlgg the cuvrnanis W pay when doe uuy sums s'r=r»rcvt by this Mortgage,
<br />i,radrr grriar to accttrrn shtafF ettaiE raotite to Narmwrr as provided In paragraph 14 tirrrwt spetifyl»g; f i} the breach;
<br />i2) tk~ att#o~ rtq~red to rsra rsrb brrarb; 431 a date, oat tee than 3t1 days trarn the date ttrr roller is trwikd to Rarnrwer,
<br />t?g wkk:h sorb breath mgt ba rurrdi amt t4) that fadwa to curt sorb brrurb an or befarc the date specitird is thr trntfrr
<br />spay rca»tf in arc'eleratkr» of lbtt snr~ rra•arrd by this Murtgagr, faristasure by juddcfai proceeding nod sate u1 the Pmprtty.
<br />Tda r„tfitire oft (brt4sxr laiarru Bimamer aS thr right ra rtirwtrie afirr arceteantian and ifnr rittbt to u+c.rrt in the fnrerfosaez
<br />Iaractrdi~ tPtr turaxafa8eais:e of a driaaft or a»y Whet tfelrtrse of Harrower to areekratiaa acrd forrrMm~urr. If the brrarh
<br />bi au?i r~3•r:.9 ern err bedtxe tip dente spee:~ret in fise tretira, [.trader at Lansirr's option may daclxrr a!! of thr Cutts snared by
<br />i4lc ILic»iaxsea to rte imrrasaiatr3r doe arui pavaltie wit€rrrat fatitttr demand and nta_s /arecbse ity jt»tiriat amrtrdittg. C.rtsdrr
<br />sisst6i t~ e~-^#~d £n crs#lect €n swb pre+ccasiisi~ .a[f est;•rm~s »t lurtrt.fas+rrr, isrriu, bpi out Eiattited ta, veers of daru»reutary
<br />¢rfdrucr, r~u»rts tout ttttt reperrYS.
<br />r-su`a~au~r&-i ° n~ i Tu w - - ..,.:rvil`tai~ttding- zrKi¢t`° it~:cE'r€r~t:i,n ,,, i;e , +o,s titiurcci i }' this ,;: tirtg.-,~e
<br />$utrascr ahn1S have thr riprht to hav;, map lat,x etriiu~ t:egart bs~ t-under to enfnrue tFe~e 'i urteeve ,tearonnnuetii at znv nnx•
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