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<br />t.ender~ written agreement or applicable ta:a. Anrm•~er shah pay the amour. of ail more. ate insurance premiums it the
<br />manner provided underr paragraph ? he retrf.
<br />Arty amounts disbursed Fs- ?.er:uer pursuant to this paragrapr+ %, with :merest ihereoa, shall E,ecome addationai
<br />indebtedness of Harrower secured by this Mortgage. i?n}ess Borrower and I_endcs agree to other trm:s o€ payment. such
<br />amautsis s ail tae payable .=.pan noire from tend=_r ;o Burro^aer rey:x~sting payment thereof, and shah ricer interest from the
<br />date a€ disbursement ak the ratz payable from rims ka time on outstanding r.rrripal under the 'Fore unless payment of
<br />interest at such razz unuld be contrary to applicable law. in which even such amounts shall hear interest at the highest rate
<br />permissits}e tinder applica}s}e law. Nothing contained in this para¢raph 7 shat! requare i_ender to incur any cepense ar take
<br />any action heremrkr.
<br />g. Jrtspectien. tender may make or <-ause ice he made reasonable entriee upon and inspections nr ±t:e Property, provided
<br />that Lender shall gi v!^ Harrower noire prior to any such ;ncpectinn si,e-fsina reasonable cause therefor related io Lender's
<br />interest in the Pmperiy.
<br />4. Cxmdernrm#ton. The pr[useds aE any award ur claim for damaees. direct ar rnnsequential. in connection with any
<br />rnndemnaiier. n=rnher taking o£ the Prrperty. or part thereof.:+: Enr rnm~ev~ance in lieu of condemnation,~are hereby assigned
<br />and shall Y>e paid to Lender
<br />In the event of a rota'. taking of the Propertc~. the proceeds she':! he applied to the arms secured be this :'Mortgage.
<br />with the excess, if ant'. paid to Borrower. }n the event of a partial taking of the Property. unless Borrower and Lender
<br />otherwise ogre[: ir, w~r,tiag. Cher shat! he applied to the ~.rms securd he this 3tas2¢age such proportion of the proceeds
<br />as is w!eai to that proportion which the amount of the ssms :ec~rad by this Mortgage immediately prior to the date of
<br />fakir-g bears to the fair market value o£ fhe Property immediatey pri[,r to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />Yf the Prooerty is abandoned by Borrower, [x if. a€ter notirr try Lcrde* to Burrower *,hat the condemnor offers in make
<br />an award ar sett}c a claim for damages, Borrower fails to re,pnnd to [ender wiffiin i0 days alter the date such entice is
<br />mailed. Lender is a~rthorizea to collect and apply the ar[r_eeds. at Ler:dcr's option, zither to restoration nr repair of the
<br />Property nr to the sums secured by this Mcrteage.
<br />i'nL« I P..r_i._~ aryl Borr^`~er :. .. ,^, »_ _ __ _+~ _npi:C- an ni proc-eeu's v principal 5 a}I n-f exrerx6
<br />isr pos~~tpone thu due~aiale cif ftse rnonthly^~instaiimcros r: faired ~u+~i~n paraaeaphs I and 2 €rereo€ r,r change the amount o€
<br />Bach inslailments.
<br />1Q. Borrower Nat Released. Px[ensonn ,,f the tinee fr,r p.tiyment nc modification of amnrtizatian ^f the cams st.^rured
<br />by ihir: tviartg,tge grar:ted by Lender to any surce^ascr in into nest .sf Bvnrna:+wcr v.hall not operate to re}ease. in any manner.
<br />tt~re liability^ of the original Borrower anti Barrnwefs successors in in*.er[n~t. Gender ;hall nor. he required to commence
<br />}saoresdiatgs against Stich succe s~.nr ur re6rse to extenW time Pe+r pavmean or nahenvise rnodify ~;zntortization of the sums
<br />s~as-um~dtty fhi,~w r demr$auturueg,and made lti the rrpmail Barr[ [r and Borrower's succes~cesrs in interest.
<br />YY. Forlsea +aK n3G`a~tscr;-p fisr}*car ans:m M F, ndz~:r in a xx rc camp anc right or remedy hereunder, or
<br />oCh¢xwise affarc[t h ''eFault-n~_ts~ a wai e- r+f r Preclude olio exere,se of ary such right or rernedp.
<br />The procurement ^° ~. ~bf taxes or other i;ens nr char¢cs M i.ender shall not he n waiver of Lender's
<br />right to aa.:elerate the maturity of the indehicdnecs <ecured by this Mortsage.
<br />12. Remfdg„~ f'umulatlve. A!I remedies pn+s-,ded ,n thi+ A1ortgage arc distinct and cumulative tr, any oeher right nr
<br />remedy under th-is Mortgage ar afforded by lau nr cquin'. ,rod mar he ezerciud cencurrentle. ir,dependentiy ar vtccessivel4~.
<br />Y3. Strer~essors and Assigns Boum4 Joint and Several i.iabilllp: f'aptioos. The a,vcn:mts and agreements herein
<br />contained shalt hind, and the rights hereunder shall ~rure tc, the respecci,~e successors and sssigos of i.ender and Borrower,
<br />sabjeek to the provisions of paragraph t7 hereof- .III cvverxents nm: agreement. of Borrower shill he ioirt and several.
<br />"fhe captimu and headings of the paragraphs ni this Mortasic ore for c-onvemen-ce only ^nd ea r^ not to he used to
<br />inierprct or dt:fene the pro,^isians here[,f.
<br />4#. Na,l#er. ~.r€cept for- any notice rcquire[i under .applic.: tole iii^.v t;, he zuver^ :n ano[her manner. sal acv notice m
<br />Barrrow~r przsvi[Md fisr in this ~•lorigage shall .x: gaveo p,v niailine vurh !?n4,ce by rer ~ified mail addressed to Borrower at
<br />rite Preuerty h['}dress or a: such other adder;, as Borrower roes dcn,gnaaa: by notice r,o 1 ender us orocided herein- and
<br />fir} au}~ reotr~^ to F„enc~~er ~sha}t ±+e eevcu by errtified ~ntaE .urtt rea.c p[ rcilt.as?cd rc ! ~nt.vr: a,drea~s mated 7'erein ra fo
<br />s te"S :tt•.e - ~~-~~ as i.endrr m 4 dzs snare . • t olive tM, hcar~c+w ... .; pro,~sded herein. •i nv notice nrovided for :n ,iris
<br />ivloagage shall i,e deemed to bees boon g von to linrrrnoer ,ar (.e:.der when : ,rn in .he n;nnrcr .tesigt; ~eted herein.
<br />95, 1R~nent ldn~g,~e; ^.z.~eA,,~ e r a;.: .n,rr:'bilit- ~ , , , .~,,:- 3tst¢+: ~:++r- , ~-- rani€or~r; ti -nan,s ec,r natinnai
<br />at~se and matt-unifartn covenants with iimioed , nauom t v ;urvuN,ci r tc+ oonstif ae a uniterm secur.ty tn.+u ume _t -i+vering
<br />real pr[;per v. -ibis hinrtgage ,5- I hx 3x ~: - -t [i hq :ht .f th ~ i ui~ .[ r -r -t•t.h i, ,; Props t acated. In the
<br />event that any provision or da[ sr: +:f tbs. his rtgage . r the N[ t< a nfity is ^Nnh ~rpmrwnle law ;ueh conflict shall not affec[
<br />other provisions of this Ator[gagc cr the Note wh~eh feu be eiven eSect wkboui the .c+nflicting provision. and to this
<br />end the provisions of the Mortgage and the 'voae arc declared to h[: severable.
<br />tb. Borrower's Copy. Borrower shall be funushai a contnrmad cope ni the No[e ,mJ nC this blortgaec at the time
<br />of execirtiun or after r ~ordation hereof-
<br />Y7. Trau>zfer of tf;e Property: Assuntpfion. If ail ar env part of die Propem• or an interest ;herein is sold or tran,ferrcd
<br />by Barrewi~r without Lender's prier written convent, excluding r:,, the rreatinn of a lien ~r en.;umbrance uitxirdinate to
<br />khi+ totgage, (h) the cmarion of a purct:a~ money seccu~its mterznt [cr household appLanxs. fe? .t tranater b4 devise.
<br />descant ur by operation of law ^por. the death of a joint tenant or ids the erard of am~ Iraa:ho!d interest of tixree seers or less
<br />taut comatnr`ne an option to pu rchasc, Lender may, st }%ndc-r; .,ption. deci:ue ali tfie ,ums ,cared hs [hu 'ctnrtgagc m be
<br />immediately dui and payxbie. Lender shalt bare waived v-,^:h opton n~, ac_elerato if. prior to the ..ale :,r Iran .far. I e:xder
<br />and ifie person to whom the Property is to he soi[i ur lean>(errd reach agreentcnt in undng that the credit of suxh Ix rwn
<br />Ia satisfactory to ten[tar and th'rt the interest pa}-able on the sums secured bq thi, Mortgage shall he at su.h rota a, I ender
<br />s'tiall ruiuest- if Lender has waived the option to acecier:.tc p: ovided .r; this naragraplt i' !t Born,u-c[~. ~;. .-
<br />tratete~st has executed a written assumpti-~n agrer~nent nEev~pted in writing; by Condos l.ecdrr vha;S reiz;ase Bnrna e-r of runs all
<br />ul~Sigatiuns under (big ?14crigage and the Note.
<br />}f Lander ea[ercises such option to accelerate. i.cndcr shall malt Harrower n;3ticc of ac~eieraunn +n at.ordanc. u~th
<br />paragraph 14 hereo{. Susie noose shall provide a pound of not less than ?0 days irum the date the nt,ti~c i+ ,^.:ailed uith,n
<br />whi^ts Barrt:wer may pat the sums declared due. If &,rrc:u tr t,.;i, ~i: pas ,u.,k, ,unt:, pr,m t:. .-^ +cir at,:~r, ,:+ ,-.:, F. ~~r„~d.
<br />i„cn~r map. w°r:ra'rut fu tier naiiee or demand nn I°t•-,n~osvcr, rn•. <+ke :; n? remedies pcrrsiue.: by paragraph i hc-rx~++t
<br />pit'xv_U'-.^#€Gttti Gove`•i Bras. 8a*r[,wer srd 1_end~r further ~octraett gad :,,rc-e n, tctlnw-s
<br />1$. Attslaratioa; Remedies. Except as lsrovided is partl;xaplr 17 hereof, tipun Burrowers hrcac8 of aa} corcuaot ur
<br />aAtrza:ment of $arruwer fa flits atartgage, inctudtng the cueenants to pay ,chew due aus Sono s<cnred by ills: 44urtgage,
<br />t~.ewder pr3ru b acseter`etinn na'ratl mail entice is Borrower as pro efded is paragraph i7 hereof speeifyittg: iii the trrrach:
<br />tk) ire >~tkra requizod 4o sere »ueh lueach; (3t a dale, riot leas than ~ti dm,}s from the dots the nutise is mailed to $orrowet,
<br />~ w>rieb such bre~tr masf he cured; and (4) that faihtre !a rage such breach u rcr F_rr,.., rt4. ~rstr ~~,ho:t .., .e„ ns
<br />teary srsa# to scc~' retina at tits sums s¢ciued by this ~lurtgagr. forcriasure by jtn'ticiai prececding :and sate of the i'rapcrt}`.
<br />'fks afs4ice r$di frttthtr iafarnt Bocxosrar of one right to reiastute offer acceleratiou and the right fa assert in the Soreclustrre
<br />prheetd'unB the nus~atitstence of a default ar aeip usher defersc o€ Burrower to accelexa#ian xnd fureriosnre. 1f the breach
<br />%t not x-urtul on m' 9x:fere ilre dale spesifiad iu ibe nulice, Lender at txtnler`s option ma± declare ail of the wets secured b}
<br />t7~ ~e to he irnnxediat4aly duty and puyabk witAoal further dematnl and mac foreclose by jatlicial proceeding, fxrtdet
<br />ire cn~leti to ea#tret in stKA pro€etilinu nli eapeaues of fares-lusart, lint
<br />uxlito~+, btti nut iim~ed Pa. casts of docauttntaxy
<br />aYlrlErir€. aJi61t'l~tk arnf t3f~ rcaorta.
<br />l4. But3'~1sCr's ii~hf to tirSnvtate. Nrix ah nd. +_-- ~.r ~ t x
<br />fictre»•tr ±.ha?t Ytevc 4}~ Ylgfft ta; hatic, aSay p cr„Eetiing; t~kur. n} [ xn tr ,,. s -.<.s y~l r x.,.3e..r:sstnu.s.,.J .e t:,.,~
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