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<br />Lender's written agreement or applicable taw. Borrower shall pay the amount of all mortgage insurance premitmis in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts dishutsed by Lender pursuant to this paragraph 7, with interest thereon, shalt biome additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment. such
<br />-amounts shall in payable upon notice from Lender to 13orzower rtgvesting payment thereof. and shall bear interest from the
<br />date of disbursement at the rate payable from time to time on outstanding principal under the Noce unless payment of
<br />interest at such rate would be contrary to applicable taw, in which event such amotmis shalt beaz interest at the highest rate
<br />permissible under applicable law. Noshing contained in this paragraph 7 shall require Lender to incur any expense or take
<br />any action herevttdet
<br />8. itavpectioa. Lender may make or cause to be made reasanabic entries upon and inspections of the Properly, provided
<br />chat Lender shaft give Harrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interest in the Property.
<br />9, Condemtmtion. Tile proceeds of any award ar claim fur damages, direct or consequential, in connection with any
<br />condemnation or other caking of the Property, or part thereof, or far conveyance in lieu of condemnation. are hereby assigned
<br />and shall be paid to Lender.
<br />In 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 any, paid to Borrower. in the event of a partial taking of the Property, amass Borrower and Lender
<br />mherwise agree in writing, there shall be applied to the sums secured by this Mortgage such praportioa 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 valise of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />if the Property is abandoned by Barzower, or if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages. Borrower failx'to respond to Lender within 30 days after the date such notice is
<br />mailed. Lender is au[l;orfzed to col€ect and apply the proceeds, at Lender's option, either to restoration or repot; of the
<br />Property or to the sums secured by this !dnrtgage.
<br />Unless Lender and Borrower 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 installments.
<br />10= Borrower Not Reteasod. Extension of the time for payment or mod"rfication of amortization of the sums secured
<br />6y this Mortgage granted by Lender to any successor in interest of Horrnwer shall not operate to release, in any manner,
<br />the lizbility of the original Harrower and Borrower's successors in interest. Lender shall not he required to commence
<br />proaeeding~ against such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by this Martgage by reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />t-. Poelreaeanse Fly Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by appiicabie law, shall not he a waiver of or preclude the exercise of any such right ar remedy.
<br />The procurement of insurance ar the payment of taxes or ether liens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Martgage.
<br />i2. Remedies Cumulative. All remedies provided in this Mortgage are distinct and cumulative to any ether right or
<br />remedy under the I+4artgage or atfnrded F.y law ar equity. and may he exercised cancurrcntly, independently or successively.
<br />-3. Successors and Assfgns F-oand; Joint and Several T.iabBlfy; Captions. The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure ta, the respective successors and assigns of Lender and Bormwer,
<br />subject io the prot~siors of paragraph t7 hereof. Ric covenants and agreements of Borrower shall be joint and several.
<br />Ttte rsp<ians and headings of the paragraphs of ihts Mengagc are for cnavenrence only and are not to t>e used to
<br />interpret or define the previsions hereof.
<br />14. Nottce. Except for any notice required under applicable law m be given in another manner, (a) any notice to
<br />Bormwer pravided tar in this h'tortgage stall he given by mailing such notice 6y certified mail addressed to Borrower at
<br />the Pra~ri}° Addr~ ; ;>r a ,ucb other adcr€ss as Bormwer may designate cy uat'rct to lender rs provided 'potato, and
<br />i:a) any natice to Lender shalt tm green by certified mail. return roccipt requested, to Lender's address staled herein ar to
<br />such ether address as Lender may designate by natice to Barrow€r as pravided hr••.in. Any pollee pravided for in chi;
<br />Mortgage shalt lee deemed to nave been given to Harrower ar I.endcr when given in the manner designated hn~ein.
<br />is. f.inaarm iviangage; z:avernirrg Law; ~everab7fty, This term of mortgage comb rtes uniform covenants far national
<br />use and non-uniform rnvenants with limited variations by iurisdiction to rntutiuue a uniiomr security instrumem .evening
<br />real property. This Mortgage shall be governed by the law of the iurisdiction in which the. Property is lucstcd. In the
<br />event that any provision ar clause of This Mongage ar the Vote conflicts with applicable taw, such conflict obeli no[ affect
<br />other provisions of this Martgage ur the Nate which can he gluon effect without the conflicting prevision, and u, this
<br />end the provisions of the '<Rartgage and the Natc are deciarzd to he severable.
<br />76. Borrowers Cupy. Borrower .hail tn: furnished a conformed copq of the :'Jose and of this 4tertgugc at the time
<br />of execution ar after recordation hereof.
<br />Y7. Trssnsfrr of the Property: :'R5samption, it all or any part of the Property nr an mterest therein is sold nr rzansterr€ci
<br />by Borrower without herder's prior wriet€n causetu. excluding (ai the creation of a lien nr encumbrance subordinate to
<br />this Martgage, rbl the creation of a purchase money sa;urity ~ntcrest fnr household appliances, icl s transfer by devise.
<br />descent or by opetvtion of taw upon the eieath of a stint tenant nr rdt the gram of any Irasehold interest of three gars or less
<br />not axuainfng an optfan to purC'ttase. Lender may, at Lender's opnon. declare all the alms secured by this Mongsgr to be
<br />immediately due and oayabfe. i.end¢r shall stave u~uived rich option iu acerlerate if. prior ti: fnr vale or transfer, t coder
<br />end the person to whom the Property i. to be sold or transferred tench agrcemem m wrrtmg !hat the credit n( <uch )aerson
<br />is satisfaetary to lend€r and that the interest payable on dte rams secured h} this Mortgage shall be at such rate as i.ender
<br />shall request. (f lender has wsiv€d the option to accelerate aravide.i m this paragraph ! 7. and if Borrower's successor in
<br />interest has exeeuttd a written assvatpnon agreement anep[ed in writing by Lender. [.ender shall release Borrower from all
<br />ebtigauans under this M1{ortgage and the Note.
<br />if Linder exercises sorb apiiott to acnierute, i.eadcr <nafl moil 8nrrawer noun of acceleration m accardanc€ with
<br />_ aft !4 !:e_uxf, S:-_h _.___ .- alt vide . ~iad of r;<_ t.~ _ than i0 :~;;~ frcvnt ib~ :?alt he nti::~ .;ithi:,
<br />whrchrBarros ~ may nay th .yms'dectared Clue Ir Biarrowci +_,!. !i= pa} such ,j:ms prior to the vsprrai:on ~ .- v.nh +rrr++*d,
<br />Leitdzr say, without further no-ice ar ,icmand nn liorrawer, invoke any nmcdies pennnted hs paragraph t tl hcreet.
<br />Nov-IiNIFURM Ccvz~+rtr: rs- Barrowu ansi 1_cnslcr further U'.,,•rneni and u.*r€c its follows
<br />:/''~. Acc€/crafiaa; Rt<m€di€s. S:xeept as pravided in paragraph t7 Irarea€, atom Borrower's breach of any covenant ar
<br />agreerea€nt of Baerower in this Mortgage, irrcivdirtg the covruanty to pay when due any suers recurrd by this ~~tortf;age.
<br />f a.suMr pr3ei tax xv-ce~rni~a sitsli peril tsaticu to Borrower as provid€d in paragraph 14 herrrrf sprcefyinQ: 41) 4he Hrear6;
<br />f2)t~ aciiGa r€=;alred era core each bsea€h; i3j a date, mri i€5> than W clays frown 36€ dale ib€ trotter is tnaiitd io Barrssrvc•e,
<br />by whleh su€h breach must la: toted; arsd f4) fhw fmdurx [a cure such breath on or before Otte date specified in the notice
<br />tray. result in acc€-aratlon of tb€ sums encored by this :titartkage, for€etasrrre ty judicial pea€e~ediwg and sate of fire Properly.
<br />'7'ii+r ttathe stall totther inform Barxawer xrf the rlt#fit to reinstate after anrterntutn end the right fo assert in nc~ foreclosure
<br />preceetlltig fee nasx.ezist€nee of a default ar any ether detrnse wf Boxruwrr to acerteraliaw and torecMaure. F[ ih€ hreacir
<br />is n4i ewe€d ore nr betwre the Jett sp€cifisd io the natice, 1.€nder al F.rmte{a apl-an may declare :dl of the soma secured by
<br />YID Aflorig~a to ix -ma:edsstely doe and payable rv-tbtwt turiher detnaad awd play tntY€loae by judicial prace€d-ttg. t.eodzr
<br />a',~",. ~ _ - .= s::e,`. pt'.;c¢edf-~-, °~" e.p-r: s6s o€ €arerkt3;:.-t, ;ncindiFgt, but wssf twtlta3 fa, mix ni documrwinry
<br />flR#FT.xrawer's R~6t to ittlnefatE. 1<iutwfthsfancitng lender's accetcrauon a.} the >ums x ;ed by thr> ~9arteaec.
<br />13artau'€r •ottaFi have the right ?u hav€ ng' prn;:ced::ig<_ begun by Lvnticr ts; ents,rce Ihrs .'~tat(Etage .fts..:nu uue6 a.. tau.:
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