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'Lender's wriiter. agreement ar applicable law. Borrower steal} an' +.he amount of atl trtortgage insurance premiums in the manner prav;d>_d under paragraph 2 hereef- Any amounts disbursed by :'-ene;er pursuant to This parag:ap3; '.. waft imertSt roe: ear.. s'tatt become additional indebtedness of Borrower secured by this Mortgage. L"nkss Srnrnwer end Lender agree to other terms of parnum. such amounts shall ire payable upon notice from Lender to Barrowe: reaoestinE payment thereof. and slrail bear itneresz Tram the date of disbursemen? at the rate payable from time to time on outstanding principal urt~r the Note unless payment of interest at such rate would be contrary to applicable law. in which ereni such amounts shall bear interest at the highest rate permissible under apphcable law. Nothing contained in this paragraph 'shall require Lender to loco: any expense or take any avian hereunder. _ ~ g. Inspection. Lender may make or cause m be made reasnnabte entries upon and inspections of the Property, provided ~ that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's interest in the Pmpert}'. ~ 9. Condemrratton. The proceeds of any award or claim for damages. direct or consequential. in connection with any condemnation or other caking of the Propatty. or part thereof. or for conce ranee in lieu of condemnation. are hereby assigned G and shall bz paid to i~.ader- G'+ In the event of a total taking of the Property. the proceeds shalt be applied to the sums secured by this Mortgage. with the excess, if env. paid to Borrower. In the event of a partial taking of the Property, unless Boroower and Lender otherwise agree ir, writing. there shall be applied to tfie sums secured by this Mortgage such proportiar, of the proceeds d as is equal [o that proportion which the amount of the sums Secured by *.his Mortgage immediately prior to the date of taking bears to the fair market value of the Property immediately prior to the dale of taking. with the balance of the proceeds paid to Borrower. If the Property is abandoned by Harrower. ar if, after notice by Lender to Borrower that tfie condemnor offers to make an award or settle a claim far damages, Borrower fails to respond to Lender within 30 days after the date such notice is mailed. Lender is authorized to collect and apply the proceeds, at Lenders option. either in restoration or repair of the Property or to the sums secured by this Mortgage. Unless Lender and Borrower otherwise agree in writing. an7 such application of proceeds to principal shall not extend or postpone the due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of- such installments. 10. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums secured by this Mortgage granted by Lender to any successor in interest of Borrower steal! not operate to release. in any manner. the liability of the original Borrower and Borrower's successors in interest. Lender shall not he required to commence proceedings against such successor or refuse to extend time fcr payment or otherwise modify amortization of the sums secured by this Mortgage by reason of any demand made by the original Borrower and Borrower's successors in interest. 11. Forbearance`try Lender Not a'R'aiver. Am• forbearance by i.ender in exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. The procurement of insurance. or the payment of taxes or other liens or charges by Lender shall not he a waiver of Lender's right to accelerate the-maturity of the indebtedness secured by this Mortgage. 12. Remedies Cumulative. .Ali remedies provided in this Mortgage are distinct and cumulative to any other right or ' remedy unu'cr this Mortgage or afforded isy law nr equity- and may he exercised concurrently. independently or successively. 13. Successors and Assigns Bound; Joint and Several Liability: Captions. Thz covenants and agreements herein contained shall bind, and the rights hereunder shall inure to. the respective successors and assigns of Lender and Borrower. subject [o the provisions of paragraph 17 hereof. All covenants and agreemems of Borrower shall be joint and several- T'he captions and headings of the paragraphs of this Mortgage are for convenience only and are not to be used to interpret or define the provisions hereof. 14. Notice. Except for any notice required under applicable law to be given in another manner. (a) any notice to Borrower provided for in this :Mortgage shall rte given by mailing such notice by certified mail addressed to Borrower at the Prapert±:.Address nr at such other address as Borrower may designate hs notice to i_ender as provided herein, and (b) any notice to Lender shall he giver. by certified mail, return receipt requested. ro Lender's address stated herein or to such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this hfertgagz shall be deemed to have been given to Borrower or Lender when given in ibe marner designated herein. 15. Uniform Wiartgagei Governing Law; Severability. This form of mortgage combines uniform ;:avenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering -- -real property. This Mortgage shall be governed by tfie law of the jurisdiction in which the Property is located- In the event that any provision or clause of this Mortgage or the Note conflicts with applicable taw, such conflict shall not affect other provisions of this Mortgage or the Nate which can be given effect without the conflicting provision, and to this end the provisions of the Mortgage and the Note are declared to he severable. 16. Borrower's Copy. Borrower shalt be furnished a conformed copy of the Note and of this Mortgage at the time of execution or after recordation hereof. 17. Transfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold or transferred by Borrower without Lender', prior written consent. excluding (a) the creation et a lien or encumbrance subordinate to this Mortgage. (h) the creation of a purchase money security interest far household appliances, (d a transfer by devise. descent or by operation of law upon the death of a join[ tenon[ or (d> the grant of an}' leasehold interest at three years ar less not containing :+n option to purchase, Lender may, at Lender's option, declare all the sums secured by this Mortgage to be immediately due and payable. Lender shall have waived such option to accelerate if. prior to the sale or transfer, Lender and the person m whom the Property is to be sold or transferred reach agreement in writing that the c2dit cf such person is satisfacton• to Lender and that the interest payable on the sums secured by this Mortgage shall be at such rate as Lender shall request If Lender has waived the option to accelerate provided in this paragraph 17, and if Borrower's successor in _ interest has executed a written assumption agreement accepted in writing by I-endeG Lender shall release Borrower from ail obligations under this Mortgage and the Nnte. If Lender exercises such option to accelerate. Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is malted within which Borrower may pay the sums declared due. If Borrower fails m pay such cams prior to the expiration of such period, _ Lender may'. without Further notion or demand on Harrower, invoke any remedies nernutted by paragraph (R hereof. NoN-Uxteottnt CovEr+nwrs. Borrower and Lender further covenant and agree as follows: lg. Acceleraiiou; Remedies. Except as provided in paragraph 17 hereof, upon Borrowers breach of any covenant or agreerrrent of Borrower in this Mortgage, irrciuding the covenaufs to pay when due any sums secored 4y this Mortgage, f,eader prior to acceleration shelf mail natece to Burrower as provided in paragraph 14 hereof specifying: (1) the breech; (E) the action eequlred to cure such breach; (3) a date, rrot less than 3U days from the date the notice is mailed to Borrower, by which such breach mwt be cured; and (4) that Failure to cure such breach on or before Lire date specified in the rroiice M...mm.. r..,e~l.,css~e I,c i.,A:..:ter .. ~vo.i:..a ~nA color .J fh_n P..arorfv_ :.ay .tea:t sn ae~~:a;iva of .:n ~a.:; -Wiz...- Y by :hW ...~.~_, The notice shall further inform Borrower of the right to reinstate after acceleration aml the right to~assert in the foreclosure proceedtog the rwo-exisience of a default or any other defense of Borrower to acceleration and Foreclosure. If the breach is cwt cured <rn or before fire date specified in the notice, Lender at Lender's option may declare all of the sums secured by bhia Mortgage fo be immediately due sad payable without further demand and rosy foreclose by judicial proceeding, [,ender shag be entltfed to collect in such proceeding aB expenses of foreclosure, including, bul not lindted to, costs of documentary evidence, absaracts aae9 title repoww 19, ;Inrrower's Right 2n Reinstate. Notwithstanding I..ender's acce{eration of the sums secured by this Mortgage. Bo; rower shall bare tb.. right :a have any proceuii:tgs tx;gun by Lender to enforce this Mortgage discominued at any time