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80--~ 0 ~~~~7 Leader's wriaea agreement or applis:abk law. Botrtrwer shall pay the amount of a6 mortgage ;r=~..,-.,,.~ premiums in 21se mamter provided under paragraph Z hereof. Arty amaunu disbursed by Lender pursuant [o this paragraph i. with interest thereon. shag became additional indebtedness of Borrower steered by this Mortgage. Unless Borrower and Lrndsr agree to other terms of paytneat, stafit amounts shall be payablt upon notice from Lender to Botrawer requesting payment thermf, arsd shah Sear interest from tilt date of dubursttn=nt at the razz payable from time to tint oa outstand"mg prineipat wader the Nutt ttn[ess ps9meat of intntst at snch rats would be contrsry to applicable taw, in which ecem such atrtoanq shah bee imerest at the highest rate permistible leader applicable law. Nothing contaitttd in this paragraph 7 shah require Leader [o inatr any expense or take say actiaa hereunder. 8. Lrr>$eetion. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided that Leader shall give Borrower notice prior to any suck inspection specifying reaxonable catrse therefor related to Lender's interest in the Property. 9. CondemttaNoo. The proceeds of any award or claim for damages, direct or consequential, in conneetinn with any condemnation or after taking of the Property. or part thereof. or for conveyance in lieu of condemnation, are hereby assigned and ;halt to paid to Lender. In the event of a total tatting of the Property. the proceeds shall be applied to the sates stxured by this Mottgage, with the excess, if any, paid to Harrower. In the event of a partial taking of the Proem, unless Borrower sad Lender otherwise agree in writing, there shall be applied to the sums secured by this Mortgage such proportion of theproceeds as is equal to chat proportion which the amount of the sums secured by this Mortgage immediatety grin[ to the date of taking hears to the fair market value of the Property immediatey prior to the dace of taking, with the balance of the proceeds paid to Borrower. If the Proaem is abandoned by Borrower, or if. after notice by Lender to Borrower that the condemnor o9eta to matte an award or settle a claim for damages, Borrower faits torespond to Lender within 30 days after the date snch notice is mailed, Lender is authorized to collect and apply the proceeds, a[ Lender's optiaa. either to restoration or repair of tfx Property or to thx sums secured by this Mortgage. Unless Lender and Horrawer otherwise agree in writing, any such application of proceeds to principal shall not eztend- or postpone the due date of the monthly instalimrnts referred to in paragraphs 7 and ?hereof or change the amount of such insiallmens. 10. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums secured by this Mortgage granted by Leader to any successor in interest of Borrower shall not operate to release. in any manner. the liability of the original Borrower and Homawer's successors in interest. Lender shall not 6e required to commence proceedings a¢ainst such successor or refuse to extend time for payment or otherwise modify amortizaton of the sums secured by this Mortgage by reason of any demand made by the original Borrower and Borrowers successors in interest. 21. Fotfiearaoce by Cinder Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder. of otherwise afforded by applicable law, shall not be a waiver of or preclude [he exercise of any such right or remedy. T-ru procurement of instiraact. or the payment of taxes or other Gens or charges by Lender shall not be a waiver of Lender's right.toaccelerate she mtitnriht of the indebtedness secured by this Mottgage. 12. Ramedks'Cd®dti1E-e. All remedies provided in this Mortgage are distinct and cumulative to any other right or rerned}~trrtder thisAKottglge~or°afforded by law or equity'. and may be exercised concurrently. indeprndmtly yr successively. Y3: 5ncesstirs - and :iss3sas Boandt Joint and Several LlabBity; Caption. The covenants and agretmrnts herein contained shall bind and the rights hereunder shall inure to. the respective successors and assigns of Lender and Borrower. subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shall lie joint and several. T'fse capxions and headings of the paragraphs of this .1otgage are t'or convenience only and see eat to be used to interpret or define the provisions hereof. ld. Notice. Except for any notice required under applicable law [v be given in another manner. ia) any notice 20 Borrcwer pravidtd tot in this Mortgage. shall bt gi:•en by mailin¢ Such notice by .:ettified mail addressed to Dorrower at the Prapem Address or a[ such other address as Borrower may desienam Sy notice to Ltnder as orovided hereue. and (?+) any entice w Lcndtr shall be given Sy ctriifitd mail, strum rtet~p[ requested, ro Ltndtrs address stand hereir. ar to such other address as Leader may designate by notice m Borrower as provided herein. Any notice provided for in this Martgagt shat' ht dezmed ro ha+°e hart. given to Barawer ar t-ender whey given in the marmtr dtstgnated herein. 15. Ltnfform Liore~~e; G,~verairtg Law: Sererabtiity. This fora[ of mortgage combines v^.iform c^veaams far nations! zest and non-uniform covenants with Iimite~d variations 6y jurisdiction to constitute a uniform security instrument covering real property. Phis Mortgage shalt be governed 6y the law of the urisdicbon in which the Property is located. In the event that say provision or clause of this Mortgage or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Mottgage yr the No[e which can he given effect without the conflicting provision. and ro this end the provisions of the Morteage and the Vote are declared to be severable. 16. Borrower's Copy. borrower shall be furnished a wnfotmed copy of the Vote and of this Mortgage at the~time of execution or alter recordation hereof. 11. Transfer of the Property; Assumption. If all or any patt of the Property or an interest therein is sold or transferred 6y Borrower without Lender's prior written consent, excluding (a1 the creation of a lien or encumbrance subordinate to this Mottgage. (b; the creation of a ourchase money security interest for household appliances, tc) a tmnsfer by devise. descent or by operation of law upon the death of a joint tenant or id) the grant ot" any leasehold interest of three years or less not comaining an option to purchase. Lender may, at Lender's option, declare all the sums secured by this '.vottgage-ty be immediately due and payable. Lender shall have waived such option tv accelerate if, prior ro the =.ate or transfer. Lender and the person to whom the Property is to 6e sold or transferred reach agreement in writing that the creuit of such person in salisfactory to Leader and that the interest payable on the sums secured by this Mortgage hail he at such rate as Lender shall request. if Lender has waived the option to accelerate provided m this paragraph i7, and :f Bortower's successor in interest has executed a written assumption agreement accepted in writing by Lender. Lender shalt release Borrower from all ob}igations under this Mortgage and the Noee. If Lender exercises such option to accelerate. Lender shall mail Borrower noun of acceleration inaccordance with paragraph IJ hereof. Such notice shall provide a period of nut less than 30 days from the dare the notice is mailed within .ahx Borrw~r may pay the sur:.s declared due. ti Borrower :ails ro psy such sum; privy tr, :he expiration of such period. Lander may. •+-ithout Yvriher nonce or sitmand en Borrower. invoke any remedies permuted by paragraph 13 hereof. Nox-UYttoast Covatia;vrs. Borrower and Lender furher cusenant trod agree as ioilows: i$, Aeceferatfon; Remedies. Except as provided iu paragraph 17 htrtnf, upon Borrower's breach of nny covenant or agtxrtment of Borrower in this .~'iortgage, including the covenants to pay when due any sure secure) Sy this Mortaaar. Lender prwr to acceleratlon shall mail notice to Borrower as provided in paragraph ld htreoF specifyinga t U the breath: (2) the netiun rtquirrd to cure sash breach; 13) a date, rent Its.- than 30 days from the date the twtice is mailed to Borrower, by which such breach must br eueed; and f4) that failure to cure such breach on or before Ihr date sprcifed in the notice may result in accelerauon of the luau secured by this Mortgage. foreclosure by jndicia{ proceeding and sole of the Propem~. The nonce sha0 further inform Borrower of the right to reinstate after acceleration and the right to assert in the foreclosure proceeding the nan~existrnce of a default or any other defenxr of Borrower to acceleration sad forecWsurr. if the breach is rout cured on or before Ure date speciSed in the notice, Lender at Lender's optlan may drrlare all uF the smtu secured by Ueis Mortgage to be immedeatriy due and payable without turiher demand and mar turechue by judicial proceeding. Lender shall br entitlxd m collect in such proceeding aB expenses of foreriosure, ireduding, but na limited tu, costs of docuaeentury rvidance, a. iraczs and utlr rrpurts. 1°. ~:ruwrts Rigltt to Reirotatt. tiottri[hstardi rig Ltnder; acce!araumt of the sums scoured hs -his Mortgage. Borrower shall have the right to have airy proceedings Fxgun cy Lender to enforce the ~torgage dis.onr. r, _+ed it am r,me