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<br />Lear-r"'s written agreement or applicable law. Borrower shall pay the amaum of all mortgage insurance premiums in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with toreros? thereon, sha}I become additional
<br />i»debtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other ferrns of payment, stxts
<br />amounts shad be payable upon ^atiu from Lender to Bormwer regtaesting payment thereof. and shalt bear interest from the
<br />date of disbursement at the rate payable from time to time on outstanding principal under the Note unless pttymant of
<br />inures[ at such rate would be contrary to applicable taw, in which event such amounts shalt bear interest at the highest rata
<br />permissible under applicable ]aw. Nothing contaited in this paragraph 7 shalt require Lander to incur any ezpwrse or teke
<br />any action hereunder.
<br />8. inspection. Leader may make or cause [o be made reasonable entrts 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 />;merest in the Property.
<br />4. Cogdemrmtbn. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or shoe taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigtsod
<br />and shat! tx paid to Lender.
<br />In the event of a tmal taking of the Property, the proceeds shall be applied to the sums secured by this Mortgage.
<br />with the ¢xcess, if any, paid ra Borrower. 7n the event of a partial taking of the Property, unless Burrower attd Lander
<br />otherwise agree in writing, there shalt be applied to the sums secured by this Mortgage soch proportion 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 Property immediately prior to the date of taking, with the balance of rise proceeds
<br />paid to Borrower.
<br />Tf the Property is abandoned 6y Borrower. or if, after notice by Lender m 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 />mailsd. Lender is au[_hari=ed ?o callee[ and apply the proceeds. a[ Lsnder'c_ option. Either to restoration er repair of iha
<br />Property or to the sums secured by this Martgage.
<br />Linless Lender and Bmtowtr otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of
<br />such instali»tents.
<br />20. Borrows Not Released. Extension cf the time far payment or mndiflcatian of Bmortiration of the sums secured
<br />by this Mortgage granted by Lender to any successor in interest of Borrower shall not operate ro release, in any manner,
<br />the liability of the original Borrower and Borrowers sacs-ssors in interest. Lender shalt not he required to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by this Martgage by reasor, of any demand made by the original Harrower and Borrowers successors in interest.
<br />il. Forbearance by txadrr Nnf a Walver. Any fcrhearanc¢ by Lender to exercising any right ar remedy hereunder, or
<br />otherwise atfarded by applicable law, shat) oat he a waiver of ar preclude the exercise of any such right ar remedy.
<br />The procurement of insurance or the payment of [axes ar ether liens or charges by Lender shalt not M a waiver of Lender s
<br />right to accelerate [he maturity of the indebtedtress secured by this Mortgage.
<br />t2. Remedks Crrmgisttve. All remedies provided in this Mortgage are distinct and cumulative to any other right or
<br />remedy under this Mortgage ar aRnrded by law ar ¢quity. and may he exerc+sed wncurrently, independently or successively.
<br />i3. Saecr:reortr and Asaigas Booted; Joint and Several LiabBfty; Captions. lire covenants and agreements herein
<br />contained shall hind, and the rights hereundr~ shat) mart to, the respective successorc and assigns of Lender and Borrower.
<br />subjtet to the provisions ~.; paragraph €" hereat. .4St rovenants anct agreements of Barrawtr shad be jaini and several.
<br />The captions soil headings of the paragraphs of this Martgage are Coe convemencr only and are not to l±e used to
<br />tote: prr_t ar define the provisions hereof.
<br />24. Notke. Except for any notice required under applicable taw to be given in anorh¢r manner, tai any notice m
<br />Harrower nmasded far i this Mcrtgage shalt •rsr n by marling =. rch r`auct by crruficd mask addressed tc Berrawer at
<br />the Praprm .4ddrtss groat cuc:h other address •s ~rBnrmwer may designate by nonce to l.emier as provided herein, arxi
<br />[,i- c.u~ > ._ ,d4:. F. k_ - g¢: crrtiF~d nra:!- :¢ r-r terrsyt -ty.,.Vatr,+, - 1.. ,ire': add: eau stated butte. nr to
<br />such <i[htr address es Lender may designate Fv .-tattle va Borrower as (,eravttk~] herein. :1ny netts-r provided far in this
<br />.-, artgagr s;;Hl: ht ?°•-........,? ha:..,~=k : given t,a H;s; r^•-er or f ender :=-F=~.tr, 4teu •. ,.,¢ maurrr esignated htrcin-
<br />IS, t_!~nroa '1?iar#~ert {;n?verttsrrg t-.ast Se*rra~ir?~. i~sss t-,r_ , rzi m.,rt~.~r ~„tnixirsrs onitnrm Lovtnants fr_,r natior;al
<br />us¢ and nonuniform rovenanw with limited vunauonc by µursdmuun u, n?nstinnr a wsafnrm secunt}• instrumem covering
<br />real property. 'this Mortgage shall h¢ gov¢rnrd by the law ;,; the iunsdretion .n which th¢ Property rs faceted. In the
<br />tutor that any pn,v¢u?n or clause +~f this Martgage ar the time wnfltcts with applicable law, such conflict shuts not atleri
<br />other pravrsiarn of this hksrtgagc or the tiote which can hr given effect witlmut the conflicting provision, and to this
<br />end tlta previsions of the Mortgrge and the Note are declared to he severable.
<br />Sti. Borrower's Copy. Barn?wer shall br furnished a conformed copy of the Notr and of this Mortgage at the time
<br />of execution ix after nwordation hereof.
<br />17. Tran~'er of the Property; A>bumptiao. if all or any part of the Pm}xnY or an interest therein iv sold er transferred
<br />by Burrower wr!haut Lender's prior wriurn consent, excluding tat the rrratian o[ a lien nr encumbrane¢ sulx>rdmute to
<br />this Martgage, thi the crraiion of .+ punhut money security interest for hcusehald appliances, tc) a transfer by devise,
<br />atastent or by operation of !aw upon the .Math of a lomr tensor or idr the grant of ,rny leasehold interest of three years or lest
<br />not c<„»taitsiog era ;-:r.tK:r, :.r H.:r~,`,as:, =-e .:a t n+ay. at 1,¢adtr`s .,puoB. ;t .Mare at; the n:uars ;:~ar:.d by ::^.vs Martgage to ?-r
<br />immediately due, and paynblc. Lender ,halt hove wurved such opuon n, accelerate d, prior to the caI¢ r,r transfer. Lertdtr
<br />and the person to whom the Proprrt} is to bt saW ar transfer rcd trash agreement or wrung that the erodrt of such person
<br />is sattsfattarr~ ter l.enatef and that th¢ iu!rrest payahh on the +ums -vn:-tuc-d hT this Martgage shall he ar suah rata a+ 1-er!drr
<br />shall reyu¢at. If Lender has wa+veci ;etc option to as:.rl¢rat¢ provided m this t+aragraph t?. and it Borrower's aucrtsxsr in
<br />interest has executed a written assumption agreement arcept¢d in sarinng by t.enskr, Lcnrlcr chaff rcleau Borrower tram all
<br />obligations under this Martgage acrd the Nara.
<br />If 1_ender txerc iszs such opuon to accelerate, i.eudrr shall mail Burrower nutter of acrclewuon in ac.nniance with
<br />paragraptr i.1 titers>f. Such notice shall provide a p¢riod of n.n Its. char, lt) days ;tom the date the nsxirr is maii¢d wuhm
<br />which Hoe row¢r may pa} the <ums c'atlartd due. tf Bornswrr farES to pay sash ,urns i+rna ts, the cspirauor. ,•t such ia~rnxi.
<br />I ~nLtrf mh}~. w-tti?izut further relics sir detnaad :,n Borrower. +uv.,ae an} rrm.~ 1tc= Ix•rt»rtted hti ,,araorap:s 1 x hereof.
<br />Ncrti-IIwlf~oaM Covr•'rvhN'is, Burrower an+i t.;:oder further ins rrant and agree. ay t.,uows-.
<br />IB. Atcekratirsa: itemediea. Fscept as provideA in prrrRraph !7 hrrruf, upon Borrower's txrwh of any coveaan[ or
<br />af{seeaseal of Burrower in this '.blortg.~(r, inrludistg the cuveaawts to pay whin due any snots srrurtd by thfB h-tortRryte,
<br />I.awdar prior w atrekratioe shs8 eutrit rwfkr to Burrower as pruv Wed to pi*rragraph iJ Aerrtef spsiv lfying: (l) the hrewh;
<br />EI} fRr settee ttgtsiced io cure such breach; 13i a data, not tesv Ihau H/ days tram thr dWe flee aotke Ia mailed to Boraawer,
<br />by wbkh such brtat:k ttwM be lured; sad Ca} that faBure w cure st[eh breath on ur before tbt date sprcttkd to the rrufire
<br />nsay crswH Eta aretisratioa et Ilx soma wonted 6y the Mortgage, toreclosnrr 6y judicial prarcedirt[t and sale sN' the Pwperty.
<br />T'ba seller aha# farther inturm Borrawar of the right to rtbrtilrts aHu accrAetatiun sled the right to Basrrt iw the foreckwure
<br />Wt+er'a~IS tiro rwn-rrxistsnte of a daisuit ar any otbtr dafarece of 8grrowcr to arr¢kratiuq ;urd fureaehwurc. H the lcrr~h
<br />6 r[iW caerd oa or before the tints rprciNed iq tbt narks, Lender at Cradle's option may declare aU of the soma stvurtd by
<br />this Airrttgage la err imttaedirtefy dot and pW,yable wNbpu! turibtr deawad sad qwy furtrhtar by judicial prorstdfag. 1 ender
<br />xt ba ratklad to collect is sorb praseedigs[ a8 espetwes of fortctosurc, inctaditrg. but nett timlted ro, casts ut doeunrentsrs
<br />avis~ase~ tdrsir-ac#a sad tkk rtaaaia.
<br />_ __-_ - ~ sa. need F} this Mari a
<br />ip. Eurrower's itid6t In Rtim4alr. Natwr[hsurnditrg L¢ndtr`s acc¢Icr aus.» of .tic sumx g gc.
<br />Itaf fleece ifta[i nBVe "alai right ,i. »aYe era}' pi €Ys'.r'Yifingl iA°•gU» by =-rndEi ... ¢ri [c,...c th„ ~i..rt~,gNe .,.s...anii<rUasl ,:, an} Ie:riC
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