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<br />Lenders written agreement ar applicable law Harrower shalt pay the amount of a6 mortgage insvrana pentiums in flee
<br />manner pfavided under paragraph Z hereof.
<br />Any amounts disbursed Lry Lender pursuant to this paragraph 7_ with imerest thereon. shall become additional
<br />indebtedness of Borruw^er secured by this Mortgage. Unless Bortawer and Lender agree to other terms of payrrfem, sack
<br />amounts shall be pay°abk span notice from I.rnder to Bortmver requestin8 paymrnt thereof. and shall bear interest from the
<br />daft of disbursement at tht rate payable from tuns to time on aartstarsding priruipat under the Note ankle payment of
<br />interest at such rats would be contrary to appticabte law.~in which event such atnatnts shag Ixar interest at tM highest me
<br />permissible under applicable law. Nothird contained in this paragraph 7 shag require Lender to incur any expense or tales
<br />a~ action hereunder.
<br />& taapecdoa. Lender may males or cause to be made reasonable entries upon and inapeRions of the Property, provided
<br />that [,ender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br />interest in the Property.
<br />9. Cettdemttatton. Tht proceeds of any award or claim for damages, direct or corrsegtrential, in connection with any
<br />candemration or other taking of the Property, or pan thereof, or for conveyance in lieu of condemnation. are hereby assigned
<br />and shall be paid [n Lrnder.
<br />In the evrnt of a tMa! taking of the Property, the proceeds shall be applied to the sums secured by this Mortgage,
<br />with the excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower amt Ixrtdsr
<br />otherwise agree in writing, there shag be 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 try this Mortgage immediately prior to the date of
<br />taking heats to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid io Borrower.
<br />If the Property is abandoned by Borrower, or if, oiler notice by Ixnder to Borrower that the condemnor oHera to make
<br />an award or settle a claim for damages, Borrower fails to respond is ixnder within 90 days after the date such notice is
<br />mailed. Lender is atrthorized to cmlleci and apply the proceeds. at L.en~r's option. either to restontiors or repair of the
<br />Property ar to the sums secured by this Morteatte.
<br />Unless I~ndcr and Aorrawsr otherwise agree in writing, any such application of proceeds to principal shall ntx extend
<br />or pantisone the due date of the mmnthly instailmrnu referred to in paragraphs 1 and 2 hereof or change the amount of
<br />such dnstatlmen:s.
<br />JQ. Barrowtr Nat RMsased. Extension of the time far payment ar madiflcatian of amortization of the sums secured
<br />by this Mortgage granted by Lender to any successor in interest of $nrrower shall not operate to release, in any manner,
<br />the liabilit}' of the original Harrower and Bnrrawer's successors in interest. [xnder shall not be required to commrnce
<br />pracstdings against such succersor or refuse to extend time for payment or otherwise modif!I amortization of the sums
<br />sstaanrd by shin Mangagt by reason of any demand made by the original Borrower and Barrowels sucressors in interest.
<br />J~L Furibtaraace by t.essder Nat a wdrer. Any forbearance by Lender Sn exercising any right or reniody hereunder. or
<br />otherwise afforded by applicable law, shall not tre a waiver of or preclude the exerrise of any such right or remedy.
<br />17:e procurement of insurance or the payment of taxes ar other liens ar charges by Lender shall not be a waiver of Lenders
<br />right to accelerate the maturity of ehe indebtedness secured by this Mortgage.
<br />12 Rstntdfa Ct®aWiee. Ail retnsdies provided in this Mortgage arc distinct and cumulative to any other right or
<br />remedy under this Mortgage or afforded by law or equi±y. and may be exercised concurmntly. independently or successively.
<br />13. Saeeewors aed Assigns Boaad; Jofnf and Several [.iabi~y; Captiorm. The covenants and agreements herein
<br />contairrzd shall hind. and the rights hereunder shall inure eo, the respective successors and assigns of i,ender end Borrower,
<br />subject tc the provtsions of paragraph t' hereof. All covenants and agreements of Borrower shall he joint and several.
<br />Ttte captions and headings of ttr_ paragraphs of this Mortgage are for convenience only and are not to he lased to
<br />interpret ar define the provisions treswf.
<br />d:. '.4otSte. Except far any rmtict required under applicable law to he given in another manner. fa} any notice to
<br />Borrower provided For in this Mortgage shall be given by malting such notice by c~nifted mail addressed to Borrower at
<br />the Property Address or at such other address as Borrower ma}' designate by notice to i..ender as provided herein, and
<br />th.; any aohv~e is LerFder shah ht 3;ven by certified mail, return race+pr requesaed, to Lender's address stated herein or to
<br />s'-xh other ;:ddrss<_ as Lender may designate by native to Besrrnwer as provided herein. Any notice provided for in this
<br />ht::rtgwge she i~; dstmtr-I to ;rev-e t+zcn given to Borrower car i.cndsr wixn given ±n iht manner 3esignated herein.
<br />IR. UnNorm Morrgaee: Governiae law; Sevetalt7iJty, "Ift;s farm o€ mertgagt combines f r --at
<br />t:Ri arsm CGVF:n'anta fm: r e'
<br />acct and nom-uniform covenants with limited variations by juri,adiction [n corntirute a uniform cleanly instrument covering
<br />:..~ r at= z`=}. T. `tis .'wlangagc strait he gave=nod icy rite law of tyre jurisdictwn in which the Proptriy is la:ated. In ttte
<br />event that any provision or clause of .his Mortgage ar the Note conflicts with applicable law, such conflict shall not affeM
<br />other provisions oC this Mortgage ar the dots which wn tx given effect without the conflicting provision, and to this
<br />end the provisions of the Mortgage and the tiote ors declared to f>e severable.
<br />15. 13oaaewers Copy. Borrower shall he furnished a confomted ropy at the Note and of this Mortgagt at the time
<br />of execution or after recixdation hereof.
<br />I7. Trtswter of the Property; Aatuaystlpa, If a9 er any pan of the Property or an interest therein is sold or transftrred
<br />by Borrower wdhout Lender's prior wntte^ ::onsent, excluding tal the creation of a Tien or eocumbranee subordinate to
<br />this Mortgage, (b) the creation of a ourehase money security interest for household appliances, {ci a transfer by devise,
<br />dtscent or by operation of law upon the death a€ a jo+nt tenon[ ar .di the grant of any leasehold interest of three years or less
<br />not cantaiming an option m purchase. Lender may, az Ixnder's option, declare alt the sums secured by this .*-mrtgage to bs
<br />immtdiattly due aryl payable. L.errder shat) hays warved such option ro accelerate if, prior w the sale or transfer. Lender
<br />and`the person to wham the !'raperty is to bz sold or transferred reach agreenxnt in writing that the credit of stxfi person
<br />is satisfactory to Lender nrtd that the interest payable on the sums secured by Ibis Rortgage sha8 be at such rats :u Lender
<br />shall request. if Lender has waived the option fo accelerate provided in this Iaragraph 17, and if Borrower's successor In
<br />lateral has executed a writitn aswmphon agreemtni accepted in writing }iy: izrder, Lender shall release Borrower from all
<br />obligations under t}ils Mnngage sad the Nate.
<br />If Lender exercises su+:h option to accelerate, Lender shall malt Borrower erotica of acukratian in accordance with
<br />paragraph SA hereof. Such notice shall provide a period of not tens than 30 days from the date the notice is mailed within
<br />which Borrower may pay the sums doctored due. If Borrower faits to pay such sums prior to the expiration of such period,
<br />Lsnsler may. without further notice or demand on Borrower, invoke any remedies permitted by paragraph 1 g hereof.
<br />New-UxaFtxst Ctfr2s,st"s. Harrower tired Lender furtioer covenant and agree as foltowa:
<br />t8. Ascaleratitsa; #eraedias. Except as prprlded in P7 hereof,
<br />paragrapi apps Borrowers breach of any cevsa6ai or
<br />ryrsecetd d 6e+rrpwer fo tlds lstprtgags, iasiadiag [tic mreuaaU to pay wlxn doe say scats secured by tbY Aforl);aee,
<br />I.ett~r plate Ra actdesWiae sia6 usail notice Yp Bprrawrr as proridd is pwagrapb 14 bared systifyitgp; ItJ the bane!:
<br />(23 tie aetloa rrgplred [o care racy 6sncb; !3} a data, aqt teas tiaa 3t/ days trees rise date tie notice b maYsd to Borrewu,
<br />by w7sirh sari bxath tarot 6s cured; sad idt titM fadian w ctw sack brreacb pa a baton tie dtth apasl9ed is t1u tsptice
<br />~ rataiii is aeealetatiea of Ns aortas second try this MortgaRsr ttxacloetve by jtsdiclal praceediay sad sale d the Ptasertr.
<br />sal nt+sies atoll farrier iaterw iarrawer d the rl~h! to nlwiitate trttsn xcelerat3tra sad tie eigit to asaerl i4 tie tonefasurs
<br />~ tie aoa•e:b[sacc d a dalwd! or say sky defetrse d ^orrnwer to accelerapttn sad fortciawtte. If the beach
<br />it oat cared oa ar haloes fir dtia spreiisd to the mike, I.sadar at Lr„r}tr's ppfiea aw.Y daiara af@ d tM awes atcwred by
<br />tilt ~ to be ~mrdiedsiy dos sad payable wltboat fttrtbr :lrmsrtd sad any fwartase by fudktal pes><eediag. 4sder
<br />afafR he teathkd tae rsYtct 3a ~t~ precssdhtg aB ezpsasm of loncMraen. fasiadiatt, Eta apt ilrsibd tp, epsb d dpcawsatary
<br />ova, ahpYeasva sad tlgs est.vs5a,
<br />J4. Aonwwar"a Itigiti fs Rate. Nptwithasatxting [ eater's sccekratxera cs iht gums secured try thee Mortgage.
<br />~t"x..R.er sia'si hart t'tr a rigs'n sc have any praccxdiegs hrgpa br Candor to enfwc-e th+x Mortgage ~tisconynued at env t+nts
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