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<br />Gender's writfen sgreetttent or applicabtt law. Borrower shag pay the amount of all mortgage insurance premiums in the
<br />manner prov}dtd under paragraph Z hereof.
<br />Any amrninfs disbusscd by Leodtr pursuant to this paragraph 7, with interest thereon, shall become additional
<br />indebtedness of Borrower steered by this Mortgage. Unless 1orrower and Lender agree to other terms of payment, such
<br />amnt[nss shall be payable upon notice from Lender to Borrower requesting payment thereof, and shall bear interest from the
<br />dots of disbursement at tfie rate papablt from lime to tune on outstanding principal under the Note unless paympit of
<br />inttrtai at such rate wtxsld be contrary to at+plica6le law, ir, which event such amounts shall hear interest ai the highest rats
<br />permissible under applicable law. Nothing comaitted in this paragraph 7 shall require Lender to incur any expense or take
<br />ally action hereunder.
<br />8. Ir~pecHen. Lender may make er cause to be made reasonable lorries upon and inspections of the Property, provided
<br />that l.tt?der sha}} glut Borrower nonce prior to any such inspection specifying reasonable cause therefor related t~ Gender's
<br />interest in the Property.
<br />9. Carrdtmnetlnn. The prateeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation ar other taking of the Froperrv, or part thereof, or for annveyance in lieu of condemnation, are hereby assigned
<br />and shalt be p_^;d to Leodtr.
<br />Tn the event of a tats} taking of the Property, the proceeds shall 6e applied to the sums secured by this Mortgage.
<br />with d[e ezctss, if anp, paid to Borrower. in the event of a partial taking of the Property, unless Burrower and Lender
<br />otherise egret in writing, thtre sha!! F?e applied to the sums secured by this Mortgage such proportion 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 I#ears to the fair market vah[e of the Property immediately prior to the date of taking, with the balance of the prc?ceeds
<br />paid to Borrower
<br />If the Property }s abandoned by Bnrrawer, or if, after notice by T-ender io Borrower that the condemnor oHets to make
<br />an award er settle a claim for damages, Borrower fails to respond to Gender within it) days after the date such notice is
<br />t~~, iPnder ;s atnb.,r:~e.t to -oIIMt and ~ppty rltt pro~~eds. at Larder's option, either to resaar_*ian n. *epair of the
<br />Praptr[y ar to the sums secured by this Mortgage.
<br />C3n}tss Ltndtr and Boreowtr othervist agree in writing, any such o[ppiication of prncteds 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 Insttllmtnts.
<br />8Q, iBaratxtr Nat ittt8saud. I?.xttnsian of the time for payment car mndiflcation of amortization of the sums steered
<br />by this Mortgage granted by l;.ender to any successor in interest of Borrower shall not aptraie to refe~sse. in any manner,
<br />d4tt liability of the original Borrower and Borrower's successors in interest. Leodtr shall not he required to commence
<br />proeetditigs against such staeetssor ar refuse it extend time far payment or otherwise modify amortization of rho sums
<br />steered 9?y this Mortgage by reason of any demand malt by the original Borrower amd Borrower"s successors in interest.
<br />J2. Forbssrsaee by lender Not a Waiver. Any forbearance by Gender in exercising amp right ar remedy hereunder, or
<br />otherwise afforded by applicable law, shall not be a waiver of nr preclude the exercise of any such right or remedy.
<br />The pracurtntertt of insurance or the paymem of razes ar other liens or charges by Lender shall not be a ,valuer of Lender's
<br />right to accelerate the :na..:rity of the indebtedness secured by this Mortgage.
<br />t2. Remedisa CttmnFatire. Ali remedies provided in this Mortgage am distinct and cumulative to any other right ar
<br />remedy under this Mortgage or afforded by law er equity. aad may be exercised concurrently, independently or successively.
<br />T3. Statersson and A~tts Boaad; Joint sod Severe! I.febBlty; Captions. The covenants and agreements herein
<br />contained shall bind, and tluu rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower,
<br />swbjcct to tttc previsions of paragraph i7 hereof. All cavenams earl ;sgretcnents of Borrower shalt be joint and several.
<br />Tt~ r:a.pteo=rs and htaa'ings of t'nr paragraphs of this Mortgage art for ronvtnienct only and are not to bt used to
<br />interpret or define the previsions hereof.
<br />HW. Nakt. Except for any natice reyvired under applicable taw to be given in annther ntenner, (a) any notice to
<br />Burro?n~er praviaed far in ibis hSOngage shall 'ere given 6y m:#iliag such notice by certiETtd alai} addrtsstd is Bnrrowcr at
<br />t}vx Pmperfy Aadr2ss or a.t such other address as Borrawtr may designate by nati-r to Leodtr .,s p€i?vidtd herein, and
<br />(b) any ~atcr. to i~ncitr sha}t he given by •xrtifled mail. rttarrtt rettiy?t regirt~sttd, to }.tttcltr"s address stand herein or fa
<br />,rh tetl[er adderrq ,y L:~n,vr _ •tts:gnsr• by ~ mice to Barnaw^_r as p^:;vic!td !:actin. Any natice provided f^~ in this
<br />Mortgage sluali be deemed to }reel! beta given io fstxrowtr or i~endm• when given }n the man:rev designated herein
<br />fs, t_7ttfiEarm i~artgagt; +GarerM~, Law; StveraltBity. "This form of mortgage combines uniform revenants for national
<br />use and non-uniform covenants with limited variations by juriuliction to constitute a uniform security instrument covering
<br />real property. This Mortgage shalt he governed by the law of the jurisdiction in which the Prnpeny is Ixated. in the
<br />event that any prnv}sian ar clause of this Mortgage er the NMe roof}iris with applicable law, such conflict shall not afitct
<br />other provisions of this Mortgage or the Nott which can he given effect without the conflicting provision, and to this
<br />end the provisions of the Mortgage and the ?store art dee;iared to be severable.
<br />Jd. ~Borrowrr's Capy, Borrower shall tx finmshed a conformed copy of the Note and of tfiis Morigagt at the time
<br />of execution ur afer recordation hereof.
<br />17. `i'ttaaafer of ells IRoperfy; Aasampldon. If all or any part of the Property or an interest therein is said or transferred
<br />by Boerowtr without Gender's prmr writttn ronsent, excluding (a) the creation of a lied or encumbrance subordinate to
<br />this Martgagt, (h) the creation of a purchase money security interest for househgld appliances, (c) a transfer by devise,
<br />dsscentt ar by optrutior[ a: law t;pnn test dtaJ? of .t iaiet ttnani e±r id) the- gr_t[! of any feasthoid inttreest of the^_t years er less
<br />t*crt rnutaining an option to purci+ase, l.endtr may. at Lender's option, deduce all the sums secured by this Mortgage to be
<br />inameetiate}y duct atat pnyablt. Crazier shall have waived such option to actdtrate if, prior to the safe or transfer. T.coder
<br />stud thgc person to wliWn the Prafacrty is to ht sole: ~+€ transetrt><d mach agretmem in writing that the credit of such ptcson
<br />is satisfactory to L~nsier and thee the interest payable an the stints stcurtd by this Mongagt shall !x az such rate as Leodtr
<br />sha}i ncv~trst, tf I ender has waived the option to ate-elevate provided in this paragraph 17, mod i( Barmwer's succ~snr in
<br />}ntsrtst has exceuttd a writttn assutttption agretmem acctpttd in writing by I..tndtr, lender ahali release Borrower from all
<br />abligatiats under this Martgagt and the Noce.
<br />Tf Tsndsr exercises such option io aeetltrale, Tinder shaft mat} Bnrrowcr natice of acsekration in accordance with
<br />paragrap}# }# }tertuf. ueit ttretict shall provide a period nF not less than 3d c+ays from the date tht notice is n:siled within
<br />wTutla Borrc+wtr may pay tl[s E~rt+* der}~~ lets. Tf Bc.rrewtr fails to pay such soma t+rior to !tat expirativt•. of such peri[xl,
<br />Lender may, without further rotict or dttnnnd an Borrower, invoke any remedies ptmlined by paragraph t3 hmtaf.
<br />Non-U;J[E<oatt Covarvna~rs. Borrower and Lender further covenant and agree as fol}owe:
<br />38. Acee}staaieaf ~aaradsss. Tdataept ea praridW iA paragraph i7 hereof, upon Borrowsr's breacp of any cocetwel or
<br />~reetrtxee of Serrawsr in tb~ !4teaegngs: Tattutl;:6~ the caveaante to pay wbea des anp sure. axtnra{ by thk[ 14Evrtgatte,
<br />I-3 etrla4 to at--t`-t~ura xheli emit evaeFic. L. trarrotxer as uvWed in nartaeraoh id hescwtt .~itvts,r" (Il she hecn.~h~
<br />{2) fbe att~?o aegntred to coca sx#sk ttseacb; €J) a date, rent teas tin 38 days from the date tttt oaks is meBed to Borrower,
<br />h"S +rltislt 4 hrstrch rarest bs leered; and {;} that faBaes to ruse sash Mew! an or be#ors the date speciYfad in the notice
<br />reay scud' an accaltxasFra r,: test sstcffi sxerv+t by tlsk tlrutgage, farsetmurs by jt~iad pracroetTlt~ elect sale of itaa eraptrty.
<br />`l As a~fise eYe~ fer!ttarr iefaaer Borrosrsr aI tba r~bt to rritutats after accekratkaq aad the rig61 to twsert ie tba tateclatsare
<br />~ [ba ttaa~eAiaeets uI a dehadt ar aer olber deieep+t of Bararwet fo acacisralioa aad farstlasnrs, [f the trrsaeb
<br />k oaf tam rsn sr Aasfore tba date Marl is alga nr#ke. C.tedsr ar I.ewdrv'a aptisa ttu~ declass eB a[ flu same :xsesrtst by
<br />.° ~ =-.- ~~ rF~ wlt;;a~t :arty d ash ~ fa~lr~ mr ; pr-~T~. i ->;dsr
<br />t,a ~..,ax~a :a ~Are~..r cs ~.,T ~ Aoe saw et_* Sa~kas~, ?~., eta ~r ::..~,.d ts, c~ c; rlas_-- _ ;;
<br />tsSfta~r, ahtltrarta asd title rr~rta.
<br />['L ~nrsawze`a ~ ass ~tsis~xde. 'vatwit,Mtand}ng t,errrl«r's .cctitranon +f rht :±smv xaurcd try this Mosigngr.
<br />E15rsrvv~-w. er ~sd?a4! Ivsvs the, rig`i[# sc• Fsa[vt are} prx#t;rt~dmga taagun Ay E.endet to c:?Is~r.e this 4tarcgag:? .its:.oruurtect s[ >rty tmtr
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