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<br />Lender's written agreement or apoiicable taw. Borrower shall pay the amount of all martgage insurance premiums in lire
<br />manner provided under paragzaaEt 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shah ixcome additiagaI
<br />indebtedness of Borrower secured by dhis Mortgage. Unless Borrower and Lender agree to other iertns of paymtmt, such
<br />amounts shall be payable upon notice from Under to Borrower regttaring payment thereof, and shall bear interest from the
<br />daze 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 appiirzble law, in which event such amatmts shall beaz interest at the highest.~te
<br />permissible under applicable law. Nothing wntained in this paragraph 7 ,hail require Lender to incur any expense or tdke
<br />any actian hereunder -
<br />S. hrspectioo. Lender may make or cattle to 6e made ressonabie entries upon and inspections of the Property, provided
<br />that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interest in the Property.
<br />9. Condemitat3an. The proceeds of any award or claim for damages. direct or consequentiah ipcanntxtion with any
<br />condemnation or other taking of the Propemr, or part thereof, or far conveyance in lieu of condemnation, are hereby assigned
<br />and shalt be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shalt be applied to the sums secured by this Mortgage.
<br />with the excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing. there shall be applied to the sums secured 6y this Mortgage such propartior. 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 Propem• immediately prior ro the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If !fie Property is abandoned by Sorrawer, or if. afier 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 Lender within 30 days afier the date such notice is
<br />mailed. Lender is authorized to collect and apply ;he proceeds. at Lender's option, either to restoration or repair o€ the
<br />Praperty ar :o the sums secured by this Mortgage.
<br />Lrnie.s L°^der 'nd Bor:,;wez r.. ° ~•ise a to :sting. any > --., aapiicatian of prat cods io p aeips', shall not u~iorz'a
<br />or poupane the due~dare of the monthly instailmenrs referred to in paragraphs 1 and ?hereof or change the amOtmt of
<br />such mstaiimenu.
<br />10. Borrower tint Released. cztensron of the ume for payment or modification of amortization of the sums secured
<br />by [his Martgage granted rv Lender to any successor m interest of $orrower shalt nor operate to release, in any manner,
<br />the ;iabdiry of [he original Borrower and Sor-,ower's successars m interest. Lender shall not be required to commence
<br />proceedings against such successor nr r=fuse to extend tame ter payment or otherwise modify amortization of the sums
<br />,ecused by this ~lnrtgage by reason e! any demand made 6y the erginal Borrower and Borrower's successors in interest.
<br />I1. Forbearance by Lender riot a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder. or
<br />otherwise atlorded by appticabk !aw. shall not '^e a waiver of yr preclude the rxercise of any such right or remedy.
<br />The procu»ment of insurance or ri;e payment of taxes er u[her liens or charges by Lender shall not be a waiver of Lender's
<br />right m acrlerate the maturing of ;he Indebtedness secured 6y this Mortgage.
<br />12. Remxdies Cnmuiatise. .All remedies provided in this ~Sort¢age arc distinct and cumulative to any other right or
<br />remedy under fhts Mortgage or atTorded by law yr eyutty. and may br exeresed concurrently. independenNy or successively.
<br />13. Successors and AssitDrs Bound: Joint and Several Liablity: Captions. The covenants and agreements herein
<br />contatneci ;hail 'wind, and lire-eigtt~.-hereunder shall inure ro, the respective successors and assigns of Linder and Borrower,
<br />subject to the provisions vt paragraph 17 hereof. All covenants and agreements of Borrower ,hall be joint and several.
<br />The rapnon< and headings of the naragraphs of thi3 tilo^gagr are for :cnvrmcnce only and are ne€ to to used to
<br />mterpmt or define the provrsinns itereai-
<br />i3, calico. Except fur any notice required under appiicabie law ca he giver. ~n another manner, rat a. v notice tv
<br />Bosrewer pray:drd form :his Siengage shall 6e t;tven by mailing >uch ..^.oucr 'ry .cruficd mail addrrssed tc Borrower at
<br />the Property .Address or at such outer address as Borrosw•rr may devenate by rpn;:r to Lr-odor ac t~rrvilad hrrcin. aad
<br />ib) any nonce to Under -nail !+e gr.rn ^. aentt;ed rha:i. return fecc!pr .-rquested. to Lcnde*'> address stated herein :+r to
<br />+ucft ether au'dtr<4, e ! --- - ~ -__ ..__ .. R ... .. ........ ,,... ?ny ^~t ~-e v;de:3 , .. .t,
<br />ylortgage ;:131: ;5L dee.T.°.d "C havr 'Peen z:.'rn l.3 iiOr: i'~wrr „r t.rnder '.v hrn 4 men m f tie rtianner dc)iCflaled tie PCm.
<br />t., r ~.x. c3~ ~ - - - _ . ,y -
<br />_~ of^rnr i-igtY°-s ..: ._ «i, ~ .- ~-~YL:.:t: ~ .,. ,... .., s. F,a..~°y~~a~? =.-r , r~ '.,1,[tr,_. _a S-trl3n_3 for n ~,
<br />JSL' and nU.. t...tt4E.:. r.. u,,.-. '* ~~ •afi~~':%~ t _ -~Rr<< - -.-_,^~ :v^.: ~t'F"t ._~~.:-: ....._...='t. ~3.~ftP,~
<br />rra7 property. T'n:s 'slvrtgage <naii be ;vvrrred i•v 'hr aw -•t 'hr ::rtsd:cuor. :n wn:cn ;hc Property ~s located. In the
<br />event that any prowstvr. or :iausr of :hs aartgage or the =o+~ s:nduts wnh avplicahir. law. such ~ontlie[ ,hafi not a:feet
<br />other vrovsions of this tifOrt^.age or 'hr `ate which can h<'e!ven cdect --Huhout :hr contiicung proviaoo. and ro this
<br />end the previsions et .he 47er.2age and the `.,>tr aro Jrciared ~,~ ~r ceverabre
<br />16. Borrowers Copy. Bur^twer :call ~< G,:rnahcd a c:..uernrd copy ci 'he Vote and of !fin ~tongage at ihr ume
<br />of rxrcurian or af[rr rrcvrdatioo cereof.
<br />17. Fm4tsfer of the Proprrty; Assumpdon. If ail or any ^sn ct ~txe ?rt~penv -•r ar.:ntrrest therein s ,.;id or trarsfcrrri
<br />by BOrruwer wrtheut i..enrier's poor u~rtstcn s:ersrnt. ecdudinx -. .. _rca[;ou of .t Lzn or encumbrance subordma[e ;o
<br />this hlongaye. ~bt the Creahan of a purr.".ale money secunry ~nrerest fx,r housrhoid appi:ances. ~.: a trsrs[er by douse.
<br />descent or by op»reaon of law upon the .1ra>h era ;a+~nt tenant •`. +. ~ ,hr ~tr3nt ~, .n+: icasrtroid interest of three yes: rz „r less
<br />oat containing an option m purchase. Lender nray. at Landes ,,pu~on. Jrciare a:i ~he sum, .ecured M• the ~lottguge ro '.+e
<br />:mmed:atedy dun and payabir. 1_ender ,hall have waived ,urn opuvn •+~~ accete'a[e 't "i nor :n she gale or transfer. i rndrr
<br />and Lhr petal+n :o whom the Property s :o be sold or :ransferrcd resuf; agreemeni : •vnnnk chat :nr .redo of wch rrnan
<br />is sanstac[ory to Lrn+inr and that the mrerrst paystr:r en the sane ,e .:red ~~r= 4tenyage -n u!1 r !t n:,n rare ~„ ~~:.du
<br />si-aIi request. if i~ndcr has waived the oouen tc 3ccr!erate prav~.ied .n -h,s t: nfagraph ! .end :t B.,rrow-rrs succrsaar ~,r
<br />interest h.u exrcutrd a written assuntptren agreement accep[rd ~t. w...: [x~ by ;.cn.?sr ,_~..+,_, :hall rriez->c B:~rr+,wer :~ o,.t oil
<br />cbii$atacn: under tits Maftgage and the Note.
<br />if Leader rxrretses such opton to acceEriate. Lrndcr ,hail mini Borrower -ro[:cr os ac<derauvn -•! nccerdarce ~.~iih
<br />oaraQraph `+ htfrvf. Sucn nonce shall nruvtde z prnod t n,_:.e•:o ...,r ':1 ,t4 .. r.. '^:r ~ .a ;he .~..~_ , massed .e t';~n
<br />.. .~•.4~. ,>~§ . .• .. ... ...: .... t+.. c. .if uCT^ait., ' >r (, w.~ ., n~ i ..e.. e -rl.a~f 1. t, ~ r :i _:.. .,.
<br />\fsr«-L`s::Fax+r C c,:•ev v<rs. Hot sower an.t t.e:,der t,rr: nor ., ,..:.,~i: ,::3 , _ _.. . ,...ws
<br />l li. a\CCrieAalrOit: P.emedtrs. ~.%Crpt ;)~ prrlY idrd In parattfupir t' flrfw+,f~rtrprlrr BUtnnr ef) trtial.h Ot a[t r' a()4 rttailt t,r
<br />agtreenseuf wf Burr~uwsr in [ht3 \iorfeagr, including ihr .uwruents to tray whro der art+ ,) c•..urrA h. tires \iarty;ny,r.
<br />I.t!sdrr prior to acrsierarion shat! rttuil notice to Borrower as pruwtdrd to p.rra~,raph li hrrruf ,prtifvut;;::It the hrs:ach:
<br />r2) t#te acting eegrtired to core sucft breach::?l a data. nut Irsx titan iU dews truer the dear the nonce tw utarird cu dfur newer.
<br />by rthl+_•b loth brrrn?t ntus[ be voted; aril 1ao that faifurr to ,err urwts hre:tch ++u ur trc^f nrr the date +pra tried ur the nun~r
<br />rrtay remit in xcceieratitrn wi ihr sumo vecurrd be this LlortgaKr, forerhrsuru bf ptdiw tat pru.redrok anrt ale .d the Pn,prrn.
<br />-f At na;ttcr attatti further infann Borro»er vt the riytht to reaminte af[rr au efer atrun and :he tight to a,srn :u dye iurra to+ure
<br />ptytt;tdi.-g* ttH aum•saisfrure aE a 6efartlt ur ani udrrt dcfeusr ,d $:,u n,n rr [u au rtcrataon a::d ter r. insure. If ihr bronco
<br />is owl cur+ril nn ur txiwr Ihr da4r tipecflird isr qtr notice, Lend¢-r .u feudrr\ uptnm n drelarc• aH tit rtu• „ens xcurrd he
<br />this '.Un_ttgarr~ to hr itttrrireiiatsl} ano and pa}ablr wxthuut further rirnwnd aad rue. u,recfine b, }udecia{ f•r, ~f79mM. ! +=ualer
<br />sh~i Ile enti#led to collect In w:at pewerehirt~ ail r>pemrs ut turx,7o5urs.:ua ttnfiua. gut out ^rnrted t: x. , us ~+,t der uuwntan
<br />r*ecttnf-a. sbsirasas artfi iifkp ra•~utrs.
<br />i7, Botruwrr'w Aiylhi to Aeltralair. :a#w 4hnt.inm ~:g Imo. . . ...__.. .:-. -~ ..-, ~_. _,. r - ! ~ ;
<br />i?Grua. ~: w.. „3-.. a _ .., - a.e .ten, , we Ctx,rig~. v z ._ r Uv i, -. ~ ~ .~. ...I .. i,.
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