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<br />Lender's written agrcernent or applicable law. Borrower shall pay the amoum of all mortgage imura»ce prmtiurtts in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts di>hursed by bender pursuant to this paragraph 7, with intesesi thereon, span btsoene additional
<br />irtdtNedrtess of Borrower seuured by this Mortgage. Ueless Bonowtr and Lender agile m other terms of payment. such
<br />arnotrnis shag be payable upon trice from Candle to Borrower requesting payment thereof, and shall bear interest from the
<br />date of disburstmem at the rate payable from time to time on otmtanding prinefpaf under the Note utrks pay»tatt of
<br />interest at such rest would bt contrary to applicable law- in which event strch amounts shell bear interest at the highest rate
<br />permissible under applicable law. Nothing contained in this paragraph 7 span regtdre Lender to inwr any expetae or take
<br />airy action herevtttkr.
<br />8. Fnapsctiao, Lender may make or cause to be made reasonatsk entries upon and inspections of the Properly, provided
<br />that fxttder shall give Borrower trotter prior to any such inspection sperifying rarwnabk cause therefor related to Lenders
<br />interest in the Property.
<br />v. Cademtntlott. The proceeds of any award or claim for damages, direct or comegtrerrtial, in connection with app
<br />condemnation or other taking of [he Property, or part tMreof. or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />{n the event of a total taking of the Properly, the proceeds shall be applied to the slims seettred by this Mortgage,
<br />with the excess, if any, paid to Borrower. In skit event of a partial taking of the Property, unless Borrower and Lends
<br />otherwise agree in writing, there shall be applied to the sums secureA by this Mortgage such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums sxured by this Mortgage immediately prior to the daft of
<br />taking btars to the fair market value of the Propem immediatey prior to the date of taking, with the balantt of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower. or if, aher notice by [.coder to Bartnwer that the condemnor offers to make
<br />an award or seHie a claim for damages. Borrower fails to respond ro Lender within 30 days aher the date such notice is
<br />maifd. Lender is atrthorired to conect and apply tbe proceeds, at Lettdcr's option, either to restoration or repair of the
<br />r'-roperty or to ?ht sums secured by this Mortgage. -
<br />itnless I_encler and Bormwtr otherwise agree in writing. any such application of pnxteds to principal shall not extend
<br />ear pastpont the due dart of fhe monthly installments referred to in paragraphs t and 2 hereof or change the amount of
<br />such irvstalYments.
<br />10. Harrower Not Releutd. Extension of the rims for payment or madincation of amortization of the sums secured
<br />by fhi~s Marleage granted by Lender to any successor in inmrest rd Borrower shall not operate to release. ut any manner,
<br />the Liability of the original Borrower and Borrower's successors in interest [xndtr shalt not be required to commence
<br />prrxetdings against such successor or rtfust to extend time €er pavmeot +ar ot!herwise modify amanizatian of site sums
<br />secured ray this Mortgage by reason of any demand made by nc~ original Borrower and Harrowers suctessars in interest.
<br />I t. Forbearsnes by l<adsr Not a'Wdver. Any farlearanct by lznder m exercising any right ar remedy hereunder, or
<br />orhemise afforded by applicable law. span not F+e a waiver of or preclude the exercise of any such right or rem~y.
<br />17te prceuremtnt of insurance or the payment of taxes or other liens or charges by Lender shalt nm be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />12. Remedies CmtslaHve. Al! remedies provided in this Mongage are distinct and cumulative to any other right or
<br />remedy under this Mortgagt or afforded by law nr equity. and may he exercised concurrently. independently or successively.
<br />13. Sneeessors ants Atsig,,s $oand; .lout and ~cerd [dabntty; Captions. The covenants and agrcements herein
<br />captained shall bind, and ;he rights hereunder shall inure ro, the respective successors and assigns of Lender and Borrower.
<br />subject to the provisions of paragraph '.7 hereof. Ali covenants and agreements of Borrower shall be joint and several.
<br />T7te captions and headings of the paragraphs ni this Mortgage are for convenience only and art not to tx used to
<br />inleraret or defittt fhe pmvisians i±trea€.
<br />14. Nofite. Cxcept €ar any notice required under applicable !aw to bt given in another manner. ra) any notitt to
<br />Barrnwtr provided for rn this Mortgage shall he ~tiven by maifiog F,ac6 nonce by terrified mnit addrtsstd ha Borrower at
<br />!ht Praptny Address or at ,uch <_refrer address as Borrower may designate c+v nnrire to t zndt; as provided herein, and
<br />tbi any notice to !.,test-.f shall he given !zy certified mail. return rereipC rtgttzsted, to Ltndtr's address stated hzrein or to
<br />s+v_h other address as L~^rti<r may de-:egr..ate ry' notice to Btsrtovrtr aw tro: <svitieci herein. .Any Warier provided for in this
<br />Mattgags shai€ hz teemed to have butt green to Borrower ar Lender when given in the manner designated herein.
<br />`- 'tt~torrrt "'f>ags* L~avgr»iag Lew: §sst€aifl3fy. ~ pis fnrrn <rf rrtongage combines uniform covenants for national
<br />use and non-unirarot covenants with limited variate~ss by jur:.v3:ciic;n to coastieute a uni€otsn szcunty insftvment covering
<br />rte! property. T7is Mortgagt shall be governed by the taw of the jurisdiction in which the Property is located. in the
<br />event that any provision nr c:ause of *.his Mortgage or the Note conflicts with applicable law. such conflict shalt not affect
<br />arher provisions of this Mortgage or the Mote which can be given effect without the conflicting provision. and to this
<br />end the provisions of the Mortgage and skit Notc arc declared to be severable.
<br />16- borrower's Copy. Borrower shat! be furnished a cunforrrred copy of the Note and a€ this Mortgage aY the time
<br />of exzcution or after recordation hereot.
<br />i7. Yrans[er of cis Property, Assusnptios. It all or any parE of the Properly or an interest therein is sold or transferred
<br />by Borrower without Lender's prior written consent excluding fat the citation of a lien or encumbrance subordinate to
<br />this Mongage, Ih) the creation of a purchase money security interest for household appliances, [c) a transfer by devise,
<br />descent or by operation of law upon the death of a joint tenant or (dt the grant of any leasehold interest of three years or less
<br />na? containing an option to purchase, Lender :nay, at Lender's option, declare all the sums secured by thin Mongage to he
<br />immediately dot and payablz. Ixnder shat! have waived sus:h ap[ian ro acteletate if, prior to tltr sale or transfer, f.zndzt
<br />and the person Io whom the Property is to be said or transferred reach agreement in writing that the credit of sue[ person
<br />is satistactoryy to Lender and that the interest payable an the sums ~xcured by this Mortgage shall be at such rate us Linder
<br />shisii request. If N..ettder has waived the option to accelerate provide; in then paragraph l7, atM rf Borrower's successor in
<br />iol:trtst has executed a written assume[ion agreement accepted in wn[ing by Leader. Lender Shan reease Borrawtr (ram alt
<br />obiigxtioos under this Mortgagt and the Nott.
<br />if Lender exercises such option to acceerats, Lender shall mail Borrower notice of acceleration in accwdsnee uith
<br />paragraph 14 hereot. Such twtiee Shan provide a ptriodl of oat less than 30 days from the dart the notice is mailed within
<br />which Borrower may pay the sums dalared dot. If Bonower fails to pay such sums prior to the expiration of such period,
<br />L€=~?? msy w~t3;`:4,.- .:a,. _ ,es:3et>: cr urn-.arm na arrUwcr. irt.cie an7 rmudies pernritied by paragraph 1 g hereof.
<br />N~<-Uutrcrast Cr>rt:s?sts. Hart.,wer amt fender funkier cevtnans and agree as follows:
<br />f& Rccm7ara#lwa; Retaedks, Eaaxpt m prorided ~ paraEapi 17 btreof, upon borrower's breatA of asy roveauat a
<br />~ of barrs•~ver is tbfrs 's'lopMags, hstladit,g tie covearts to pay wish doe any strata sat,rad by tih Noetaage,
<br />l.enitr pttks ~ twa~krdir sing mat) ttogce to borravrer as frrwided d paragraph 14 terser
<br />{2) tM ae1lga rs~aHeed to can arci b,naciy f3} a date. ^at lei tier 30 dqs from tie dos cis sodas is maned Matta rws ,
<br />bb ssbki resell 4rereh east be rtsre~ sad {A} tMn [anus to rots sect bteati m ar before tie date spstiid is rte rtotke
<br />m,.. '_sa Q..r __ ___
<br />_ -• -s .e.e ~.-d __~~W oT ~ ~s~`~g, faretiwnte iy its~tial ptoeaWitg and sate d Me Peaperty.
<br />Tit aatkae akdi fa[-isr Inftam burawtr of fle ri`ia N retnetrYS aher ssrelerados wd tie tiglt In assert is cis foencb»ars
<br />f ~e nas.exietsaee drf a dsfaaN or r7 atltar Aafesee of burowst to sx:esleratipw std tareciamre li tie irsati
<br />is test twsd en u bettors fie date spacilid i• tM sotie~s, I.ea4tes N f<ndtr'c option ratty decinre ab of cis stsas sesnrcd iy
<br />tisb ireire msslYk[d~ta ee~y dse and payable wifiats tarthsr dewed sad ants foraeiasa by l M'aeuViat- tender
<br />ssi~,sett. t,battaats aced tMk repent ~ espeasw d tarcebteese, iaetndhp, t>rt set nwhs8 eq eaYS d d.t,-arratnry
<br />i4. ~--- _'_ Ht.~ ~ Lu.rm.. ~l~vut .tar.Crrg f.erdcv't ac..tlera&on n; rise +um> secured by risis ltasr'_;aan.
<br />$errCPb~tr sF,stt leave tip rl~ttt to tavs sty pr,gs fsgts: §} I.esedxr :c> eriorct t§;; t#,xtaafe .~estiar-lroUxti ae an} t.mr
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