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Forts 808 B Leptkr i written agreement or applicable taw. Borrower rtes!! pay the aerwunt of ill trwrtgege insurarta pranitmu in the maarser provided under paragraph 2 hereof. Aay arttounts disbursed by Lender purswnt to this paragraph 7, with interest !hereon. shag become additional indebtedness of Borrower cured by this Mortgage. links Borrower and Lender agree to otter terms o€ paytnem, sttclt amwna shat) be paya!>ie upon tuKice from Lender to Harrower requeuing payment thereof, and shalt bear imertat from the date of disburxrnent at ehe raze payable from time to tune on outstarrdmg principal trader the Nora upkss paptneat of interest at such rate wa[dd be cordrary to applicable taw. in which event such amotrah tduB bear itstereat at the higltat ttu permissible under applicable law. Nothing co;ttaitted in this paragraph 7 shall regain Leader to irtcur any czpttme or take arty action hereunder. 8. leepectbe. C_ender may make or cause to be made reasonable rntries upon and inspections of the Property, provided that Lender shall give Borrower notitt prior to any such irtspection specifying ttasortable cause therefor related to Lender's interest in tfie Property. 9. CoedeersNbp. The proceeds of any award or claim for damages, dinar or cottsegtrrntial. in connection with any corsdcmnuion yr othr. taking of the Property. or part thereof, or for conveyance in lieu of condemnation. arrbereby assigned and shall '.+e paid to I.etrder. 1n the event of a total takin¢ of the Property, the proceeds shall tie applied to the sums sanred by this Mortgage, with the excess, if any. paid to Borrower In the evrnt of a partial taking of the Property, unless Borrower and Lender other ise agree in writing, there shall be applied to the sums sanred by this Mortgage such proportion of the protxeds as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to the date of taking bears to the fair market val[re of the Propetn• immediauly prior to the date of taking, with the balance of the proceeds paid to Borrower. If the Propem is abandoned by Borrower, ar if. after notice by Lender to Borrower that the condemnor otters to ttralce an award or settle a claim for damages. Borrower faits to respond to Ixnder within 30 days after the date such ttmice is mailed. Ixnder is authorized to collect and apply the proceeds, at Lender's option. either to restoration or repair of the Property or to the sums secured by this Mortgage. Unless Lender and Borrower otherwise scree in wt9ting. any such application of proreeds to principal shall not extend or postpone [he due daze of the monthly installments reftrred ro in paragraphs I and Z hereof or change the amount of SUCK install[ttents. 10. Borrower Noi Released. Extenstvn n£ the time for payment or modification of amortization of the Sums secured by this Mortgage granted h_v Lender to any successor in interest of Borrower shall not operate to release, in any maecer, the liability of the original Borrower and )3o'rrawpr's successors in interest. Lender shall not be required to commence prerc~eedings against such sucressor or refuse to extend time for payment or otherwise modify amortiration of the sums secured by this Mortgage by reason of :my demand made by the arigmal Borrower and Borrowers wccessors in imereat. 11. Parbearaace ray [xttder Nat a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, ur otherwise affard~ed by applicable law, shall not he a waiver of or preclude the ezerci~u of any such right ar remedy. The procurement of insurance or the payment of taxes ar other liens yr charges by I-ender shalt not be a waiver of Lender's right ro accelerate the maturity of the indebtedness secured by this Mortgage. i2. Remedies Cumata8ve. All remedies provided in this Mortgage are Distinct and cumulative to any other right or remedy under this Mortgage or afforded by law or equity. anD may he exernsed concurrently, independently or successively. 13. 5ncceswrs aed Assigns Board; Joist and Severe! LisbBity; Capfio[g. The covenants and agreements herein contained shall bind, and the rights hereunder shall inure to. the respective successors and assigns of Lender and Borrower. subject to the provisions of paragraph 17 hereof. A!I covenants and agreements of Borrower shall be joint and several. 'the captions and headings of the paragraphs of this Mortgage are for convenience only anJ are not to be used to interpret or define the provisions hereof. 14. Norio. Except for any notice required under applicable taw to be given in another manner, (a) any notice [o Barra~Rz€ provided for in .his Mortgage shall he given by mailing such notice by certified mail addressed to Borrower at the Property Address or at such other address as Borrower may designate by no»ee to Lender as provided herein, and fb) any notice 2a L.enJer shah be given by certified mail, remm receipt requested. to Lender's address stated herein or to .uch giber address as Lender may designate by notice io Borrower as provider herein. Any notice provided for in this Mortgage^.:hall tx deemed to hove her^.n given to Burrower or Lender when. given in the manner designated herein. Is. Fi eifartp Ntort(;a3e; Govcrpipg Lnw: 5rverabilitY. "Chu farm of mortgage combines uniform covenants tar natiana{ use and rum-und~Corm azvennrtts with limited vanatians by iuris<lictian to constitute a uniform security instrumrnt covering rest property. 73tis Mortgage shah tae; govermd by the taw of the unscirctian in which the Property is located. In the evc~! that ant ~-rnvisr~a er clause at this ',tortgagr: or the Nvte canfiicts with applicable taw, s.tch contaict shah oat sffctt other provisions of this Mortgage ac the Note which can he given effect without the contiicting provision, and to this end the provisions of the Mortgage and the Note are Declared to be uverable. 16. Borrowers Copy. Borrower shall be furnished a u+nformed copy of the Note anJ of this Mortgage at the time of execution ar after recordation hereof. 11. 'fraesier of the Property; Assumption. If all or guy part of the Property or zn interest therein is sold or transferred by Borrower without Lenders prior written carrsent, excluding tai the creation of a lien or encumbrance subordinate [o the Mortgage. (b) the creation of a purchase money security inures[ foe household appliances, (c) a transfer by devise, descent or by operation v[ law upon the Death o€ a tome tenam or tdt the gram of any houehold interest o[ three years or less nW containing an option ro purchase, Lender may, at Lender's opuan. declare all the sums secured by this Mortgage to be imrtrcdtately doe anD payable. Lender shall have waived such apuon m accelerate rf. prior na the sale or vansCer. Lender ar.J the person ;o whom the Property is tv be so1J ar transferred reach agreement m writing that the :relit of such person is sn;isfaca?ty to IPnJer and that the interest payable an the Sums secured by this Mortgage shall he at such eau as Lender shall raquest. If Lender has waived the option to accelerate provided ui the paragraph 17. and if borrower's successor in interns[ has executed a written assumption agreement accepted in ~s riling by Lender. 1_ender shall release Borrower from all abligaLians under this :Mortgage and the Note. If Lender exercises such option to accelerate. Lrn.ler shall mail Borrower notice of acceleration in accordance with paragraph 14 h:;reof. Sus:h notice shall provide a penoJ of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared due. If Boaawer fails to pay such sums prior to the ezpiratian a[ Such period, Lertder may, without further nonce or Demand nn Harrower, ;evoke any remedies permuted by paragraph Ig hereof. 'a~a-st-'_i^ttrunti f'ovr~~uvs. B;Srr:;wrt a€:J Leutcr :w-trier _u;enavl anJ agtez as :oi;ows: fg. Acceieratiau; tic[sedks. Except as provided ip paragraph t7 Aereof, upop Borrower's breach of any roveeauf or aBratptem of Borrower is ibis Nortgpge, ipdtdigl ibe coaemals to pay when due spy supffi secured by this Mortgage, ilsrder prior to acceleration shell rwY7 twlice to Borrower as provided ip paragraph 14 hereof spccifyittg: (1) the breach: i2) the attiaa required to core atx6 breach: iii a dilq rot seas rhos J8 days from the dme the notice is mailed to Borrower, by whkb such breach sag! Cre curod; sad (91 that faBure to cure such Irreacb op or before the dote speci4M ip the retire rosy eesuh is accekratiua of Ilia snag secured by tb& NorlBagc, forecaawre 6y jtrdkiW procetdieg and sale of 16e Property. The notice sba8 earthen ietor® aiturower at tar right to reiaslile stun att-eieratian sad the right to assert ip the foreclosure prarcet~l{ it`s lase-t•Y®wci as` a a`;faair w asy orfrir ae[ca6e of Borrower ro aCCeilratN/p apd fotCl'laaarc. if th! brcpflt 'b aw cured na or before the dote specified in the notice, I.cpder al Leader's optioa may lecture alt of the sums secured by fhb Mpryape W & Fmmediateay dot arul payable without farther detatapti aed may forecbse by judceiai prucadieg. [,ceder shell bet cafkied to collect in such proccediag all rxpeasec of foreciown, irrcladieg, but not limned to, costs of docamcalary i~ "idesce, ahe(FaC&i sad titre report. iq. Bwrrawsr's ft3gAt to Rciniate. '~otwtthstartdrng Lenders acceierau.tn oaf the ,ems inured by this Mnngzgc. Harrower sbal4 have tine right :~a ha-rc any pmuedmgs begun b} Cruder the enforce tins Mangege discantrn[kd at any :.m..