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<br />maoncr~s tootled undtrtunt or applicable law. narrower short pay ~ amottrn of all tttortgage iraxrrance preminma in the
<br />p paragraph 2 6treof.
<br />Any amounts disbursed by Lender pursuam to thin paragraph 7, with interest thereon. Shan becorete additional
<br />inlet?ttdn~s of Borrower secured by this Mortgage. Lrnless Borrower zttd Lender zgree to oihtr terms of Payment, atreh
<br />amounts shalt bt payable uptvt rtMict from I.ertder to Borrower requesting payment thereof. and shah bear interest front the
<br />date of dfabur~mrnt at the tart payable frarn time to time on otnatard£ng pritcipal under the Platt [inks payraeM of
<br />inttrtal at such rate would be contrary to applicable taw, in which event srrtde aaroams shall bear interest at the higfrest rate
<br />permisabk under applicable law. Nothing crnttained in this ParaBr/Mh 7 shag rexprire [.errder to incur arty eapage er tales
<br />any action hereunder.
<br />8. Iaryeetlon. Lender may make or catrse to be made reasarable entries upon and inspxtions of the Pr
<br />that Lender shad give Ha:rower notice prior to any such in tons ~~' praveded
<br />interest in the Pro slit patfymE reaaanabk cosec therefor related to Lenders
<br />Petty
<br />9, C+rrrderrsnatloa. The proceeds of any award or claim for damages. direct or cottsegrrential, in connection will[ any
<br />condemnation or other taking of the Property. or parr thereof, or for conveyance in lira of condemnation, are hereby atadgned
<br />and shall be paid to Lender.
<br />in the event of a rota{ taking of the Property, the proceeds shalt be applied to the sums. secured 6y this Mortgage.
<br />with tht excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and I_eteder
<br />otherwise ogre[ in writing, there shall be applied to the stints sxuted by this Mortgage such proportion of the proms
<br />as is equal to that proportion which the amount of the sums srnured by this Mortgage imntedeately prior to the date Of
<br />taking bears to the fair market value of the Isroptrty immediately prior to the date of takirrg, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if. after notice by Lender to Borrower that the condemnor olfen to make
<br />an award or settle a claim for damages, Borrower fails ro respond to Gender within 30 days after the date such rtotiCe is
<br />mailed, Lender is authoriud to collect attd apply the proceeds. at Lender's option, either to restoratitxt or repair of rise
<br />Property or to the sums secured by this Mortgage.
<br />Unless Lender and Honawer otherwise ogre[ in writing. anq• such appBcation of proceedn to principal shalt trot extend
<br />or postpone the dot date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amotmt of
<br />such ittaraltments.
<br />i0. Barratrer Not Released. Extension of the time for payment ar modifjcation of anrortiution of the sums secured
<br />by this Mortgage granted by Lender to any successor in interest of Borrower shall not operate to rtlease, in any manner,
<br />tht liability of the original Bonawer and Borrower's successors in interest. finder shall not be required to commence
<br />procectlings against such successor ar rcfvse to extend [lint far paymrnt or otherwist modify amortization of the soma
<br />secured by this Mortgage by reason at' any demand malt by the original Borrower and Bonower's successors in interest.
<br />I I. Faritaamce by Leader Not s Wa3rtr. Any forbtarance by Lender in exercising any right or remedy hereunder, or
<br />otheasrist affordtd fry applicable law, shall not be a waiver of or prelude the exercise of any such right or remedy.
<br />7Tte procuremtnt of insurance or the payment of taxes or other liens or charges by Lender shalt not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness cecured by this Mortgage.
<br />12. Remedka CttannWive. All remedies provided in this Mortgage are distinct and cumulative to any ocher right or
<br />remedy antler this Mortgage or afforded by law or equity, and may F?e exeresed concurrently. independently or successively.
<br />13. Succesois and Assigns Igsmrd; Joins sad Severtd ISabtBty; Ca
<br />pdoas. The covenants and agreements herein
<br />contained she{i bind, and the rights M_reurtder shall inure to, the respective successors and assigns of Lender and Borrower,
<br />subject to the previsions of paragraph 17 hereof All covtnants and agreements of Borrower shall be joint and several.
<br />The ceptians and headings of tht paragraphs of this Mortgage art for cosvtniexrce only and arc net to he used to
<br />tntzrp. tar dtfine tht provisions hertof.
<br />I4, Nrrlsce, Except tar arty notict rtquired under applicable law- to be ~verz in another manner. la) any notice to
<br />Borrower provided for in this Mortgage sfiafl be given by mailing such notice by certifred mail addressed to Borrower at
<br />the Proptrty Address or ai such other address as Bormwcr may designate by notict m Lender as provided htreie, and
<br />lit) an)-' no[i~ ''-' Ltnd=r sh=;I h: giv;.n by certir5td mail. recurre rer:eipt rtquested. to Lender's address staled herein or to
<br />sttuh athtr address as Lender stay dtsigrtate b}' notict to Harrower as provided herein. Any notice providt-d for in this
<br />f°f`""''art'`°"- ``~ ~~=t === t=- ^a'+t ter, givzr. to oorrowcr or Lendtr wteen g:vtn in the manntr ;esignattd herein.
<br />I4 vnrform 3ftrr{gage GovetniaR Law: 9tver:itlRNy. 'Th=s rr,.rrz Est rte.; tgagt ~ambints vn~forrn covcnanr` *rtr natanal
<br />u._ _••,. ,^~••• u^.,,,_-„ t-=,.Fnanss wit}[ timikd variaums M• jurisdiction to canstitum a uniform secunn inatnamtnt covering
<br />rraf pro_ererty_ The biorta~e ~-.halE bV govtrtted by tare law of rite jurisdiction in which the Property is located. In the
<br />Tani [tai any prevision or clause of this Mortgage or the Note conflicts with applicable law, such conflict shall not affect
<br />other previsions of tf:is Mortgage or the Nott which can be given tffect without the conflicting provision, and to this
<br />ctrl the provisions of the Mortgage and the Note are declared m be >everable.
<br />1& Oatrewer's Copy. Borrower shall be furnished a conformed copy of the Note and of this Mortgage at the time
<br />of tztY`.ution or after rtcordation hereof.
<br />Y7. 'I~astafsr of the 1roperty; Assemptlsa- If all or any par of the Property or as interest therein is setd or transferred
<br />by Borrower without Lemkr's prior written consent, excluding Ial the creation of a lien or encumbrance subordinate to
<br />this Mortgage. 16) the creation of a purchase money security interest for household appliances, (~) a transfer by devise,
<br />descant or by oPerziion of law upon the death of a juror [roan[ or (d. the grant of any leasehold interest of three years or less
<br />not containing an option to Purchase, Lender may, at Lentkr's aptron. dtciart al! the sums secured by tt:is Mortgage to be
<br />:mmxdiattly disc and payzblt. Lender shall hoot waived such option to acctitrate if, prior to the sale or transfer, i.ender
<br />aruf tilt person to whom the I'rapPrty is ro be sold or transferrtd reach agreement in writing that the credit of such person
<br />is satrsfactery ¢a I.etxfer sad that t!n interest payable on the sums secured M phis Mortgage shall be at such rate as Lendtr
<br />shall ra{rata. If l.trtder has waived the option to acc.eleratt provided ~n this paragraph 17, attd if Ronawer's successor in
<br />inttrsat has exes:attd a writtrn aasumotion agreement accepted in writing try l.cnder. linnet shall rtkase $rtrrower tram all
<br />aidigpttions under this Mrntgage artd tote Note.
<br />If Le+tdtr extrcists sxnh option to acceiereee, Ltader shalt ma8 Borrower ttatece of acceferauon m accordance with
<br />paragraph I4 htreof. Stxh notice shall pravidt a ptriod o£ rxtt leas titan 30 days from flee date tht notict is nttrifed within
<br />which Borrower may pzy the sums ltclared due. if Borrower fails ro pay such sums prior to tM_ expiration of such penod,
<br />Lender may. without furihtr native or demand on Borrower, Invoke any rernedip permrtted by paragraph '8 t;=_rta€.
<br />Nttw•Uwtrottrs Cbvt,t.twrs. Barresver and i.tnder furttvtr covenant artd setts as foitows:
<br />i8, aceaidaaiiaa; Raarredks, Brtaept ss ProviQt¢ fs paeagryh 17 hertof, upon 8orrowtr's hrtaci of say caveaant W
<br />aegeeaent ~ librrowsr le itds MertgaRt. iacladl~ the envensors to ~y when dot env a»ms aeew~ed by tMa Morfga(te,
<br />I.tadet 9dnt ~ aStelarlYion aiaB maB aatke to 6arrowtt as proviled is preragnrpi 10 irst0f a@ecifybrt: il) tie brwch;
<br />~ tie aeBss raya~al to true spck irtatlk (3) a dtlt, say tetw tlw JQ days frem tie date tiro notict fe raalkd !o Borrower.
<br />i! srhk'i sax! beach Haan[ bt cored; cud (d) fiat Isdlara to Hate errth baaci ttn ar frsfare the dace spaciped fa tie nutlet
<br />~ r is ~tsAraatfan of tit saris atraaed by tits Metftads. foratloanre _ _ _ _
<br />za.. ~,.~.~ ~a .~-- _ _ b7 iadkid croartdi~ [tart ,ran. ar ra. a -
<br />~r®w ionowu ai tit •iiW N nahlefaae day acrekruiaa Had tie right io mssert In lie fWece
<br />floe ~ of a defaaR W +Ry Wier datare d Harrower to acceteratfoa sad forac}esrae. If tit [[react
<br />6 sot owed as w bdorv tit dart spte~ad h tie nttsicq Leader at [.vest.-r'a apkiwr eanY derive di of tie argmc aecasad by
<br />@Its is it isaareditaly dse cud pavai4 ritioot fsrsier drmaad and +mry faaeefase by ;Dial
<br />tiW is a~ad m t:ot&at la aaci psactadigt aq ea proetetflrr~. t.ader
<br />aalifM:t, aisera+cra anti t(flr rlpcsm. ~'~ d forar:lcoart, 1aa371d1agr fan ttgt IWM oar esAS of daeaaeawary
<br />if. ~earawora Bigler 1o Roltretrde. Nwwghstattling Ixrukr'r :a:eekratn?n of the soma secured by ehis Mangagt.
<br />$ais[=a*.fr~tl t~s~. t!~:re.., i prczr•~.iin s
<br />'a'^ ts' ,`.a`vz au g. [[[;tors try t,trtder to enforce tttvs Martgzgt disr;oattntttsi at an}~ t,ttte
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