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<br />Fore! 808 B
<br />Lerakr's written agreement ar appGcabke law. Borrower steal! gay the amount of aE3 mortgage instrance premiums in the
<br />- mamrtr pro+nded under paragraph 2 hetmf.
<br />Any amounts disbursed by Len~r pursuant to thss paragraph 7, wit}; interest thereon, shall become additional
<br />indebtedness of Sarrowrr secured by this Mortgage. Unless liorcaw'er and Lender agrre io other Terms of paymert, such
<br />amounts shalt be payable open notice front Lender to Harrower req[xsting payrnen€ thereof. and shall bear interest from the
<br />date of disbursetttrnt at the rate payable from time to time an outstanding principal untkr the Note unless payment of
<br />in(arest at atxh rate wffuld be coo€rary [a applirabk law, in which event stxh amounu shalt brat interest at the highest rate
<br />permiasibtr under apphcabk taw. Nothing contained in this paragraph 7 shall require Lender to incur soy expense oe take
<br />- any action hereustder.
<br />il. faapectioa, [radar may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that Lander sha13 give $orower notioe prior to any such inspection specifying reasanabte coax therefor related to Lender's
<br />interest in the Property.
<br />S. CendenmaNloa. The proceeds of any award or claim for damages, direct or consegtrc[ttiaL in ~eonrtection with any
<br />cortdemnatian ar other asking of the Frapeny, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />- and shall be paid to Lender.
<br />_ In the event of s total taking of tfie PraperEy. the proceeds shall be applied to the sums secured by this Mortgage,
<br />with the excess, if any, paid io Boroower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />- otherwix agree in writing, there shall tee applied to the sums serrated by tfiis Mongage such proportion of the proceeds
<br />• as n equal Yo tF.at proportion wfiich the amount of the sums ,oared by this Mortgage immediately prior to the date of
<br />taking tzars io the fair market value of rho Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Horrowtr.
<br />If the Property is abandoned by Borrower, nr if. steer notice by Lender to Borrower that the condemnor offers [o make
<br />- an award or setae a claim for damages, Borrower faits ±o respond to Lender within 30 da}s after the date such notice is
<br />mai3ed, Lenckr is antharized to collect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Prnpeny~ , z to ehr <.utns :teed h„ this ?~c.^,
<br />Lrniess l...^nder and Borrowerotherwise agree in writing, any such application of proceeds to principal shalt not extend
<br />or ptxtporx the due date of the monthly installments rr{erred to in paragraphs I and 2 hereof or change the amount of
<br />such anstal?ments.
<br />1B. Borrower ?4ot Released. Extension of the trme for payment or modficadon of amortization of the sums secured
<br />by this Mortgage granted by Lerdet to any cuccessar in interest of Harrower shall oat operate to release. in any manner,
<br />- the Iia6iIi[y of the original Horcower and Barcowee's successors m interest. tender steal! not Lie required to commence
<br />proceedings against such successor cr refuse to extend time far payment or otherwise modify amortization o£ the sums
<br />secured by this Mortgage by reason of any demand made by the erigmaf Earrower tmd Borrower's successors in interest.
<br />21. Forbearance h!' [xnder Not a R'uis~rr. .Any farbearancc by Lender in exercising any right or remedy hereunder, or
<br />nthenvise afforded by applicable law. shall not he a waiver of or preclude the exercise of any such righ[ or remedy.
<br />The procurement of insurance or the payment of tares err other hens ar charges by Lender shall not he a waiver of Lender's
<br />: right to accelerate the maturity of the indebtedness secured try this Mort,age.
<br />ii. Remeaies Caarufati-t. AEI rentedies prov:ded in this Mortgage are distinct and cumulative to any ether right or
<br />remedy under this Mortgage ar afforded by law ar eymty. end may he exercESed concurrently. irdependentty or successively.
<br />13. Seeeer>&ors aad .4adgos 8otrnd; Joint and Several f.iafaBtyt Captions. '13e covenants and -agreements herein
<br />contained shall hind, and the rights hereunder s6aH inure to, the respective successors and assigns of C-enckr and Borrower,
<br />subject to the provisions of garagrapfi 1? hereof. All covrnam[s and agrermems of Borrowu shall be joint and severah
<br />7fx cap¢inm and ixadiogs of the paragraph; of this Mortgage are f,er convenience on?y and are not to 3x used to
<br />~a~e€ rA- -r i{Frt€g t- - -= - eaions 3:trrrf
<br />14. Notice. Ez rgtYfor any notice restuired under applicahte i:rw to ba given in another manner. (a) any notice io
<br />B~>rrenrer provided far m rttis Mortgage shall tx givrn h~~ maEVing .urh n<ruce by t~ertified mail addressed to Borrower at
<br />ihr lt^rap<;#y Addri-,x .:r r .r c-h otiicr - ss as tsornrwer may des:gr:at~• by notice to Lcneier as provided herein. and
<br />- thi arty -rtctt_e t= Lt:e:~r =teal?rim arson hddR-i;n,;,~ ... ,., rece;yt rvq uestrd. ;,y [ zr,Jcrz ad:lr~ss stated herein or to
<br />r ~ a
<br />n atl;e u R .ender tnati designate its ace t narrnwe~r as prondei h?tern. A.^.v erotica provided for En this
<br />Montage shall 6e deemed to have been given to Harrower or 1 ender when gluon in rho ,.;~~.ytr .ate:.,.....e,r s.e.a:.,
<br />- i 5. littifasnrEt :fa~age; GoveraloR Law: ;ie+eraCtii3ty. ~3fias form of mortgage ~nmbines uniform covenants for national
<br />use aad rtort-unifrtrm wvcnams wish limited variations by Enrsr',ictian to ceastitute a unrfarnt scxunty instrument covering
<br />real property. This Mongage shall be governed by the !aw of rtes jurisdtctinn .n which the Property is located. to the
<br />event that any provision or clause of this Mortgage ar the Note cnnfticts with applicable law, su fi conflict shaFl oat affect
<br />ether provisions of this Mortgage or the Note which can he given rftect without the conflicting provision. and to this
<br />- end rtes provisions of the Mortgage and the Note ar declared to rte severable.
<br />ld. Homwer's Copy- Harrower shall he furntshr;d a conformed copy of the Hare and of this Mortgage at the time
<br />of t7xecution ar after roc-sedation hereof.
<br />17. Transfer of the Peoprrty; .tssumptinn. 3f aH or an} pact of the Progerry w an interest therein is sold or transferred
<br />by Borrower without Lender's prior written consent. excluding t,q [he cnatian of a Tien ar encumbrance sulxtnimate n,
<br />this Mongage, tb) the creation of a purchase money security Enterer[ for household appliances, Ec) a transfer by devise.
<br />- descent ar by operaaan of law upon the death of a }Dint tenant or [d! the grant of any leasehold interest of threw nears ur less
<br />not captaining an apiian to purchase, Lender may, at Lender's opuun- declare aI! the sums secured by this ~-loci gage to be
<br />im~mediateiy due and „ayah3e. Lender shall have uaE Veei such option En accelerate if, prior to the Bale or transfer. t_erdrr
<br />and the person to wham the Property i!, to he sold or trauierred reach agreement in writing that the credit of such person
<br />is saeisfactory to 1~ader and that the interest payable en the st!ms secued by this Mongage ;hall he at such talc as I ender
<br />shai3 request. If Letxier 3rats waived the option to accelerate ptayidrd in khis paragraph ! r, and if Harrower', succe. set Er
<br />mttres€ has executed a written assumption agreement accepted in writing by Leader, Lender shalt release Borrower from atE
<br />obtig&sions uoc.4r ibis Mortgage and the Note.
<br />- 3f Lendar exercises such option m aca:eierate. Lender shall mail Harrower notice of acceleration in accordance wrth
<br />- patagragtt !A hereof. Stich notice shall provide a perird of oat less than 30 days from the dace the notice is mailed wiah:n
<br />- °` °"_+~-cr ~.ay pay :rte sums dularr` due. f Hrrt`rower i.- a pay such sums pn,tr tr, the czpiraron ,?f autih p<r,,.;d.
<br />Lender may, without futYhet noiitx; or demand oa iBurrou=_:, En4uEee any rearzt;di~ti nermttteG by n:traoraph I R h€rtseL
<br />LV'o]i-UhiFOa~t CbYEr+Ati TS. BUrrgwer and Lender further c.>tenant and dgtce as tailows.
<br />ld. Aecelert63un; Ttamedies. Facepf as provided is par-aaraph 77 lcereaf, upon Hwruwrr's trreach of any covenant ar
<br />'.: agreement of 1orrower !a this Mortg~e, iwcludleg rtes ca+enan[s to pay when dce say sums seenrrd by that 4lortgrEge,
<br />teodsr prior to accckrat3on s>>td! mail raitice is Borrower as provided is pawgruph la hereof specifying: tit ihr 3rreach:
<br />-t3)lire aclktn respr6red t® sure such tttrach; t3) a date. nos rasa rhea .l4 days from the data the aaflre is mailed to Harrower.
<br />by whack satc$ breach sdtss2 [K cored; aad (9l that fatlnra to Barr sstcb 4reruh oa nr lsrtarr Ehe daft specified in the troHee
<br />" ma}' rasalt is actelarstittts of trio rams secured by this ;11orlgagr, fareebsure by jtrd3ci~ prarcedlok acrd sale of the P+rupent.
<br />- Ile notice s ftQllaer 3afotm $nrrawer of alto tfgtst to rrinzfatr after acceleration artd the right fn assert in tfm foreclosure
<br />' -.yrcxexAiayg i1x tra~axis~#aurr rat a defaWt rte any attest tkfrase of Borrower to accrferutian and farreb~tsrv, l1 the brtsah
<br />k spat eared on err 'xfafa the d~c speal(ni in iha aut+ke, ixrxkr as l.rrtdet's aptiaa may derlasre ail cwt tfx rasa srcared by
<br />Mla Jrlarlgaga is lee iruasrrfaarly flee and papatrCe withonY further demand aad sass foceel~t by judicial pracrrdlstfl. 1,ender
<br />_ shag fse e4l6led Fri rriBecs in such pr+xesdinLt aLl osmoses of forrefasarr, Imlr: lf;Y~, bas n._u ltmhed ta. ias3n~ of d;r_-u.^seatart
<br />evcv. afxstraxts-trod e#€fr rrpuxrs. -
<br />!$, barruwer's lttSht try !tt{,htyta#. .'+!uiwstFsSt'stEChag t eau'yr s -.:;,tiytsratrou ,.: V+e „ims see a,rcJ !+p deEC h4nrtgn~,
<br />f~«yr =.-..,.= x-„ve rh2 r~ftt to ;.a.e arr. „a-eti:nFS . _`- _, -,- I.er,>„e, ,,.- n.. ..._ r:e+; `•l.~rtbagr ,i.+c~..raur!!~c•? .,t alts u:tr•
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