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<br />Lzndzr's written agreement or appiiraiate taw. Borrowe: sba6 par the aasouax of aB mortgage it;wranrt ptmtitutts is tx
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Ixrder pursuam to this paragraph 7. Witt: interest ia4ereon, chaff become atiditionat
<br />indebtedness of Bcsrrevetr securtd by this Mongage. Unless Borrower a=sd Lender agrce to attrer tortes of paymem, stris
<br />amatinis shalt be payable upon notice from f.rnder to Borrower req°,tenirsg payrttent tfsereaf. and shalt hear "smerest front tic
<br />date of dis;sursernent at the Cale payable from time to time on outstarrderg principal ~mder the Nate unless paymem of
<br />interest. at such rate would be comzary to applicable taw, in which evem such amottms shag bear interest at the higiust rate
<br />,permisaibtc under applicable taw. Nothing cortaitted in this paragraph 7 shall reQit{re Lrnder to incur anY expense err take
<br />atiq action berent~er.
<br />8. Impsetloo. Lentfer may make or cattst to tse made reasoreabk rntries upon and inspections of thr: Property. praeidad
<br />that Lettdtr shalt give $orrower notice prior to any such inspection specifring reasonable cause therefor related to T_endts's
<br />interest in the Property.
<br />9. Coademaffibn. The proceeds of any award or claim for damages. d:'rect or cottsequemiat. in connection with am
<br />condemnation or other taking of thz Pr~•petty, or part thereof, err for conveyance in lieu of condemnation, err;, hereby assigned
<br />and shat! be paid to Ir_nder.
<br />Tn 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 tix event of a partial taking of the Property, unless 8orro.ver eras Lender
<br />othzrx;se agree in writing, there shall be applied to the sums secured be this Mortgage such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secures by this Mortgage immediately prior to the dart of
<br />inking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Harrower.
<br />3f the Property is abandoned by Borrower. or if, after notice by Tinder to Borrower that the condemnor offers to make
<br />an award or set*.M a claim ter damages, Borrower fails to respond to Lender within 30 says after the date such aotice is
<br />mailed. Lender is autfiorized to collect and apply the proceeds. at Lender's option. either to restoration or repair of the
<br />Pro~:t: cr thz s.. :.. ::art age.
<br />Unless Lender and Borrower Yotherwise agree in writing, any such app!icalion of proceeds to orineipal shall not extend
<br />or postpone the due date a£ the monthly installments referred io in paragraphs ! and 2 hereof or change the amount of
<br />such instalimzms.
<br />IB. Borrower Not $eleased. Extension of thz time for payment or modification of amariiZaiion of the sums secured
<br />lay this Mortgage granted by Lender to any successor in interest of Borrower shat! not operate to release, in any mantter.
<br />the liability of the original Borrower and Borrower's successors en interest. Lender shall nM be rege[red to commence
<br />~proceedin$s against such successor or refu::e to extend time for {rayment ur otherwise modify amortization of the sums
<br />secured by this Mortgage by reason of any demand made try the triginal Burrower and Borrowers successaxs in interest.
<br />21. Forbearsaee by Lender NW a Waivtr. Any forbearancz i.+y Lender'in exercising am' right or remedy hereunder, or
<br />ofhetwise afl'arded by applicable law. shall riot .x a waiver of err preclude the exercise of any such right or remedy.
<br />The procurement of insurance or the payment of taxes or other tiers or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate rise maturih cf the indebtedness secured by this Mortgage.
<br />IZ. Remedies Ctrmnlatfve. All remedies provided in this Dortgage are distinct and cumulative to any other right or
<br />remedy ender this Mortgagc or afforded by taw er equity. and may he exercised concurrently. independently or successively.
<br />T3. Saccessor+e and Assigns Boned; ]Dint and Several t.iatn7ity; Captions. The covenants and agreements herein
<br />contained shall brad, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower.
<br />subject to the provisions o:` paragraph i'+ hereof. All covenants and agreements of Borrower shall be joint and several-
<br />The captions and headings of the paragraphs of this Mortgage are far convenience only and are not to ix used to
<br />interpret ,^-.* defrnr *he p visionx hc?xaf-
<br />14, Notke. Except for any notitt required under applicab{e taw to be giwen in another manner, fa) any notice to
<br />Borrower provided for in this Morgage shall ~ given by mailing such notice by cert:f7ed merit addressed to Borrower at
<br />the Prape:-ty Address ^ such athzr address as Banawer may riesignate by notice to Lender as p.avSdzd hzrzin, and
<br />ib) eery rtatice ?a under shalt }~ given by certified mail return receipt toques*.ed. to Lender's address stated he-:;=in nr to
<br />such ether addizss as T,eader rag; designate by oat ~z to Barr: a~rr as prov,id~! hcr•~; ,. ~- -c prcri3ed r-- :r thie
<br />Mortgage shalt be sstmed to have been green to Borrower or lender when given in the tnanner designated herein.
<br />^. iiarzarrra ~•iage; +€,t>rerai~ iawi Severalnftty. 'This form err mortgage combines uniform Bowe»a»ts firr »atiaoal
<br />., sr~' ata~z:riforan covenants xith Limited vatic?ions fy ;urisditiior. to canstituie a uniform seen^ty instrutnent severing
<br />real property. This Mortgagc shall hre governed by the taw of the jurisdiction in which the Properly is located. In the
<br />event that any provision or clause of this Mortgage or the Note conflicts with applicable law, such conflict shall not affect
<br />other provisions of this Mcrigage or the Note which can be given effect without the ctmflictiag provision, and to this
<br />end the provisions of the Mortgage and the Nate are declared to be severable.
<br />t6. Borrower's Copy. Borrowzr shall bz furnished a conformed copy of the Note and cf this Mortgage at the time
<br />of execution or alter recordaeion hereof.
<br />19. Traerfer of rice PruperiY: Atanmpteon. If ail or any part of the Property or an interest therein is sold or tracer .o;:~
<br />by Borrower without t8nder's prior written consent, excluding (aI the creation of a lien or encumbrance subordinate to
<br />tftis Mortgage, fb) t}x creation of a purchase money security interest for household appliances, {c) a transfer by devise,
<br />descent or by operation of !aw upon the death of a joint tenant or (dy the grant of any leasehold interest of three years or less
<br />oat containing an option to purchase, Lender may, at tender's option, declare sit the sums secured by this Mortgage to be
<br />immrediateiy due and payabir. Linder shall have waiveu' snob option to accelerate if, prior w thz sale err transfer, Lender
<br />sal the person to whom the Property is to tx sold or transferred reach agreetnert in writing that the credit of such person
<br />is satisfactory to Iznder and the[ the interest payable an the sums secured by this Mortgage shall be at such rate as Lender
<br />shalt regwst. [f I..rnder has waived the option to accelerate provided io this paragraph f7, and if Borrower's successor in
<br />interest has executed a wrnen assitmptieron ag<-eement accepted in writing by Lender. Leader shall reteasz Borrower from alt
<br />obligations under tbi, Mortgage sad the Note.
<br />if Lear exercises such option to accelerate. ixnder shaft mail Harrower notice of acceleration in accordance with
<br />paragraph 3. hertof. Such notice shall provide a period of not less titan 30 days from the date the notice is mailed within
<br />which Burrower may pay the sums dectargd dzte. li Borrower faits ro pay such sums prwr to the extrication of such portal,
<br />Lender may, witttaut further notice ar demattd on Borrower, invoke any remzdies permitted by paragraph 7 S hereof.
<br />Max-U*ttraa r.s L:ovan.sr+as. Bcrrawer oaf Lender fvrtiter cuveaart and agree as follows:
<br />i8. Acrot 13¢saedita. )r[rept as prosidsd in parr~raph 27 Eearaof, apten Borrower's beeaich of any coreaaret or
<br />agr~meat of Borrower in this Sortgage, ieuladieeg the rnreeanta to paY when tine arer sagas secnir~ by this Mortgage,
<br />teadar prior to asreSeztatian shall ma7 twttre to Iorrower ~ provided in paragraph lA 4ereaf spacifyiet;: fll the breach;
<br />t23 t!e setters regtdsod to rare snob brseteh; (3} a data, not leas than 30 days froret the date the erotice is retailed fo Barroaer,
<br />fry wblclr sash braarh mast Its caradg rued t4) that fsiBarz to true sack breach oa err helots the dNt sperltkd in the srotice
<br />may reanH to aer~ertttfoa rrf tilde strrec. seetued by this iNoragage, f«erkanre by jrsdkhl prareedht~ and oak al the Property.
<br />'lie nadisa shag fnsitesr ialorm Bnrruwsr ~ the right to n:fnthete after sr~dtratina sad the tigiw to aneH in the fnrerioeor+e
<br />,proa'eed~g iht rtes-exors of a &fatdJ er say other dsteaae of Borrower to acrekratfon an+d fareckaara> B the breath
<br />{a tear :. on err below titer 9atr a+pec2Hed is lice twtht, I.cndar at f,rader's option may tkrlare ail rrf the sagas serarad by
<br />t6ia f?sgrgle w he imtaaedadaly der amd payadrie withoat fa[ibar demand read may foreekse by fndiciai proca+rdirrg. i,eaa«
<br />shod! ~ satltleP to roiled la sack prss:eadimg atl tixpamsw e f fwneeianre, lsaindtt~, bat as Bruited ta, cos(a rr! dort+tnentary
<br />avldrar€, a4Wrasht anti ikk reports.
<br />#4, #enttarwef''e ter l~ trratwithstandttta Ir»du'z au;~eleratx>n of rho ct,tm. secured by the. MurtQage,
<br />B+;rrcrwer altaft havo the right to have any pr<.aletdings !xeb;utt kry t erdor sn c»ioc,:e th+s 4tor:gtge disruntia:eti at a ,y umc
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