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<br />Levdcr's written agreentrnt or app(icabk law. Borrower shsB pal the amovm of ail mortgage insurance premiums in the
<br />manner provided under paragraph 2 hereof.
<br />.Any asrwunix disbursed by Lender pursuant to this paragraph 7. witfi in[er~st thtreon, shaft become additional
<br />indtbtedtxss n€ Borrower setured by ehis Mortgage. Cinkss Borrower and I,ertder agree to other terms of paymenn, such
<br />amounts shall he payable upon }}Drive frttm i_ender to Bttrrowcr requesting paytnen[ thereof, and shall bear interest from the
<br />date of disbursement at the rate payabk from time to time on anstarditg ptirtcipal under the Nok trrness pa)mettt o[
<br />eMCrtet at such rete would be contrary to appiis:abk taw, in which event such amotmis shag }sear interca! at the highest }sae
<br />permisa'bie under applicabk taw. Nothing com:ined in this paragraph 7 shag rcga{rc Lender to incur arty expense or }aloe
<br />any action hettutxler.
<br />2L bender may make or caux to be made reasonable entries upon arts ittgttxtions of the Property, provided
<br />that Lender shall give Harrower rtoiice prior to any such inspection specifying rcasonabk carcee therefor related to Lender's
<br />intereu in the Property.
<br />4. Cam, The proceeds of any award or claim for damages. direct or consegmntial, in-conrtetKbn whit any
<br />condemnation ar other taking of the Property, or part [hermf, or far conveyance in lieu of condemnation, are hereby assigned
<br />and shad be paid to Lender.
<br />in the event of a total taking of tM Property. the proeeeda shag be applied to the sums secured by this Mortgage.
<br />with the excess, if any. paid m Borrower. In the evrnt of a partial takin¢ of the Property, nnkss )lorrowtr and I.ettder
<br />otherwise agree in writinG, there shad be applied to the sums secured by this Mortgage such proportion of the piatxeds
<br />as is equal m that pmportion which the amount of the sums secured by this Mortgage imrrtediate{y prior to the date of
<br />taking 3uars to the fair marks value of the I'rapem• immediatety prear to the date of taking, with the balance of the proceeds
<br />paid m Borrower.
<br />if the Property is abandoned by Borrower, or if. after nonce by Lender to Harrower that the condemnor often to make
<br />an award or settle a claim For damages. Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and apply the proceeds, at Lender's option, either to restoration or repair of tM
<br />Pre7Yny o t tl>r sums srAa: zG F tfrs 4;artgage.
<br />Lniesx Lender and Botrawer~otherwise agree in writing. any ouch application of proceeds to principal shalt not extend
<br />or pasrysane the due date Hof the monthly installments referred to in paragraphs t and 2 hereof or change [he amount of
<br />such installmems.
<br />14. Borrower '.Vol Rekased. Pxtension of the time far payment ar madif#cation of amortization of the sums. secured
<br />by this Mortgage granted by Lender to uny successor in interest of Harrower shalF not operate to release. in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. 1_ander shall not he required io commentx
<br />proceedings against such successor or rofux to extend time Eor payment ar otrerwise modify amortization of the sums
<br />secured by this Mortgage by reason of any demand made by the s7reginal Borrower and Bcrrrowe~s succeators in interest.
<br />I1. Farbearaace r~ Lessner Not a Waiver. Any farhearance by Ixnder in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law. shag not rte a waiver of or preclude the exercix of any such right or remedy.
<br />77te procurement of insurance or the payment of taxes or other liens or charges 6y Lender shall not be a waiver of i.enrkr's
<br />^g.§t tc arc='°'"tc the maturity of the indebtedness cecurcd by this Mortgage.
<br />22. Remedies Crtmolalive. All remedies provided in this Mortgage are distinct and cumulative to any other right or
<br />remedy tinder this Mortgage or aforded by law ar equity. and may t+e exercised concurrently. independently ar successively.
<br />13. Soccesson sad Amigvrs Bound; Yoini and 3evera! I.ia68ky; Captbtq. The covenants and agreements herein
<br />contained Shall bind, and the rights hereunder shall inure to. the respective successors and assigns of Lender and Borrower.
<br />subject to the provisions of paragraph i' hereof. All covenants and agreements of Borrower shalt be joim and several.
<br />Tht captions sad headings of the paragraphs of this Mortgage ate far convenience arty and arc not to he used to
<br />interpret or define the provisions hereof.
<br />t4. 3lotice. Except for arty ttauce required under applicable law to ha given in another manner, (ai say notice to
<br />Borrower provided fur in this Mortgage shall he g,ivcn by mailing such native ny certifial mail addres'.z3 t+~ Borrower at
<br />the Prnlx.rty Address or at such other address as Horrowe: may dtsagnate by nrrit:e rn Leader as provided tteteic. and
<br />qty} ;nny suttee [a Lender hxif Iz: gn-an by certifud mail, return receipt requested, to lender address stated herein er to
<br />suds utitar address as Lender may designtete hr :iattiec to Harrower as Moulded l:ercra. Auy -txtice provided f:sr ir. this
<br />is4artgag:r. shalt i?e r%eemed so have been gio:en to Barmwer ar i.enner when givenrn the manner <ICSignated herein.
<br />1'g i'.-:f~ as h'!o. govt
<br />• •~~* rairReg I.ts«; Beverai~ity. ~Tltis tarsi: of mangage ccnrtbenas uniform cs+v,,aranrs for national
<br />use and Wan-unitonn covenants went Limited variations by Yurisdictiwt to corrstttule a unifa_rm secunty instrument coveting
<br />teat property. '1'ftis Mortgage shall be goverrred by the law of the jurisdiction in which the Property is located. in the
<br />event :hat any pravisian or clause of this Mortgage or the Nate conflicts with applicable law, such conflict shall oat affttt
<br />other provisions of this Mortgage ar the Note which can bt given effect without the conflicting provision, and to this
<br />eml the provisions of the Mortgage and the Note are declared to ire severable.
<br />15. Borrower's Copy. Borrower shalt he furnished a conformed copy of the Note and of this Mortgage at the time
<br />of eze. orlon or after recordation hereof.
<br />t7. Trtsasfer of ire PrepeAy; Aesatoptioa If alt or aay pan of the Property er as interest therein is sold ar transferred
<br />by Borrower widraut Lender's prior wrtten consent excluding tai the creation of a lien or encumbrance subordinate to
<br />this Mortgage, (b) the creation of a purchase money security interest for household appliances, tcl a transfer by devise,
<br />descent ar by operation of taw upon ttte death o(a joint tenant or (d) the grant of any leasehold interest of three years er less
<br />,,-,at carttaineng a^. optutn so purchase, Iznder may, a[ Lender's option, declare ail the sums secured by this Mortgage to be
<br />immecii;4tcly due arts payable. Lender shall have waived such option to accelerate if, prior to the sale or transfer. !.ender
<br />arts the pd:rson to w~heas the Property is to be sold or transferred reach agn:ement in writeng that the credit of such person
<br />is satisYacUtry to Lemkr and that the interest payable an the sums secured by this Mortgage shalt be at such rate as Ixnder
<br />shall ray nest. If l.ctxier has waived the option ro ::ctelerate provided in this paragraph 17, and if Iorrower's successor in
<br />intexesi has execu§eei a wntten assumption agreement accepted in writing try Lender. Lender shall release Borrower from ail
<br />oWigatians under shin Mortgage and the Note.
<br />ii Lerukr exercises such option ro accelerate, Ixnder shall mail Borrower notice of acuekration in accordance wuh
<br />paragraph 14 hereof. Such notice shaft provide a period of not less than 30 days from the date the notice is mailed within
<br />which Ik7rrawer may pay the runts declared due. !f Bortower fads to pay such sums prior to the expiration of such period,
<br />Lcrtder troy, without futthsr :.Dries ar de.~nsnd on Slarrowcr::nvu>€ soy reu>rdies ~.-}nitre:: Fy paragraph i o herw:.
<br />iron}-Blnfsuast C'nvc_Nar; rs. Harrower at•.d Hader furthc: ccven:at a:-td a>;r~ as foetawa:
<br />Sri. AceslerYirta; iikmrdies. Essept to provided is paragrtytr 17 hereof, upon Borrower's rreac6 0[ say caveattat or
<br />agmeraeati d Barrowee ~ }trig liorlaage, including ire cuvesaosa to pay wieo dos say solos seci~ed try tkk 'Nartgaye.
<br />Leader prior to nce..t....a..., spaB marl notice to liorravrer ae provided io pncaglnpr 14 ltereo[ apceifyiag: fll ilst 6rsacr;
<br />(2) tie neNon rrgatrcd to cars sac6 lower; (31 a data, not kra tine J8 days from arc date t4 Welke k tootled to 2!a•rowtr,
<br />rY +arki ~cr rs:aci mane 6r cared; assn (4t tlwt faYttes is core.aecr 6reur ml ar 6dxe fYe t a}ceiSed k tre entice
<br />rosy matt la acce~raSioa of tic ruses seeurcd hr t~w'•- ' :.. ~ ~e~..=_ << :s.,..__. ~--"- _-' -.
<br />,•-°•~ '~ r~~ w~~R oa rak ai tie i=roperry.
<br />Tlse notice 4taS partner iattww Borrower ~' rte right to rtJasiate after ucakrrtira sad tie r`.nlt:::, a:aen is ire forettasora
<br />js'aesat4yttg gre soa.ettLfsprt of a dettah or ray other deleartr nt tlasroxer to acnkratiors sad fsrsc{osart; Q ire )freacr
<br />k not rated m ru 2rtfwt ire AY4 specifud k Ire }voice. Laadri; a! Ltada's nptioa tray tlesirrt ad of ire twos ssctusd M
<br />lris 11$art;rege b ix irara~ktY dstr aed payubk witront llsriier dereaed told maY forechae rY }Idbcial ptocsrdly, Leader
<br />skr6 rr «at~rn to taBeci i+a tart praeeediag a6 eapt°ears td fatrctarars, iociailag, ipd asst Bat}1zd to, costa of t4ocuereatsry
<br />nitarc+r, rrgraca sad dtle rspartr.
<br />t3, 1iarreerra~r Right to RskaaaNt. Notwitha[artdrng t.e-u~r'a avert} aLU:n ::d rte =:ums s:a:w°~,' ('Y thi„'.(aragage.
<br />Brusxrxet rluli bout ire right *.c have any prrx.aedir+gs begun ht 2.cndtr t<: rofcrcc ?hu Ytar.;fsgc .iis::cat:atscd a, ens am:e
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