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<br />81- UtE{J~ tU <br />Leveler's wri3en agreement a :~t:a~ taw. Borrower shall pay the amount of aB mortgage insurance premiums in the <br />taaeeter prorided under paragraph 2 hereof. <br />Any attattursts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional <br />ittdabtertfress of Harrower aerated by this Mortgage. Unless Borrower and Lender agree to other temrs of payment, such <br />. ~- y~ rsat~ fi~ I.stder to R+rrower g payment thereof, sad shah bear interest frtnn the <br />ds~ of ~ the r~ papa6k from time to time on outstandhtg pri>nipal under the Note tmless pttyaaent of <br />itx~ nt each nee watdd 6r cotttrtnp to applicable law, in which event such amotmts shag bear interest at the highest ran <br />pie under applicabe law, iVothing eontained in this paragraph 7 shall rte±ire Lender to incur any experw or take <br />amy hetetmdet. <br />B. I.tader may make or cause to be meek reasonable entries upon and inspections of the Property, provided <br />tl~ Les>der shag glut Borrower notice prior to anq such inspection specifying reasonable cause thtrrfor related to f.ender'a <br />interest in the Pmpaty. <br />4 Cariar The procads a€ any award or claim for damages. direct or consequential, in rntinectian with any <br />ccmdpnnatiar a other taking of the Property, or part thereof. or for conveyance in lieu of condemnation, arc hereby assigned <br />seat shall be paid tcs Lender. <br />In the event of s tots! takitrg of the Properly, the prod siiait 6e applied to the soma aeeerred by this Mortgage. <br />with the excess, if arty, paid io Borrower. in the event of a partial taking of the Property, unless Borrower and Lender <br />otherwise agree in writing, there shall be applied to the saws secured by this Mortgage such proportion of the proceeds <br />as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to the dare of <br />`taking beanRO the fair marks vattx of the Property immediately prior to the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />If fhr Property is abandoned by Borrower. or if. after nonce by Lender to Borrower that the rnndetttnor offers to make <br />an award ~ settle a claim for darnagts, Borrower fails to respond to Lender within 30 days after the date such notice is <br />raaiMd. Lender is authoraed to calker and apply the pracecda. at Lender's option, either fo restoration or repair of the <br />Property or to llte avers sttured by this Mortgage. <br />Unless tender artd Bocrasver t~lteravise agree in writing. anv such application of proceeds to principal shall not extend <br />or postpone the due date of the ntonthly installments referred to in paragraphs 1 and 2 hereof or change the amount of <br />such installments. <br />It). Bertrnter Net Reteoed. Extension of the time far payment or modification of amortization of the sums secured <br />by this Mortgage granted bq Leader to arty successor in interest of 8orrosver shall not operate to release, in any manner, <br />the liability o€ the original Harrower and Borrowers sucttssors in interest. i,ender shall not he required to commence <br />proep agait~ such ssxce~or err re€ir~ to extend time fns payrnent or aherwise modify amortizatian of the sums <br />seetued by th& Martga~ by reasat of any demand made by the original Borrower and Borcowe~s successors in interest. <br />Il. Pariweaaee Isy [.adet Nut a Wntrer. Any forbearance by Lender in exercising any right or rctnedy hereunder. or <br />otherwise atfarded by applicable law, shat! riot be a waiver of err prtttude the exercise of any such right or remedy. <br />Tlu proCtpaaltilt o! itnarance err the payment of taxes err other liens err charges by Lender shall nest he a waiver of Lender's <br />tigtn to aceelente the maturity of the indebtedness secured by this Mortgage. <br />t3 1Retast>ks Catstdatlve. All remedies provided in this Mortgage art distinct and cumulative to any other right err <br />retntdy under this Mortgage err afforded lay law err equity. and may he exercised cancurrcntlp. independently or sttectssively. <br />13, 9rtaxssoes sad Attti~s 7oaad: fort asd 9eresai tJaidkr; Capliaes. The covenants artd agreemrnts herein <br />`u.,-~i. cd shall .`-....d. sad tl~ .~r,~ hztxrrr>~r siisll innz ter. t R r~,pr-live successo.~ and ar~ig. of Lends. alai Bo:r~xx:. <br />subject to the provisions of paragraph 17 hereof. All covrnams and agreements of Borrower shall be joint and several. <br />Tire captirnu ate headings of the paragraphs of this Mortgage arc for canveniertce aniy and arc not to be used to <br />itrnrpser a deBrte the provttions hereof. <br />2!. Nlaa6ee. Percept for any narce required uteder appixabk law :a be given ir. a~tter martntr, fa) any naive to <br />Borrwrer provided for is this Mortgage shall he given by mailing such nonce by certified mail addressed to Borrower at <br />the Property Address or at etch after addma as Borrower relay designate by notice to Lender as provided herein. and <br />tbl any rtotise to Lender shalt be given by certified mad. serum recctpr regtteried. ao [xnders addr~ stated herein err to <br />such other tttidtne as I.rteder may designate by noticee to Bortvwer as provided herein. ,4ny notice pravi~d for in this <br />Morin shat) be deetewd to have bare given to Borrower err 1_nt~r when given in the manner designates herein. <br />16. Ildtaert Afaeegge; Gevera>ing I~s-: Severa6ifYy. This Form of trrartgage combine: uniform covenants for national <br />use alai ttotrutt~omt covenaots with limited variatisuts by jurisdiuicat to Erosutitute a uniform securely irtstrtamtn[ covering <br />reel property. this Mortgage shall be governed hY the law of the jurisdielion in which the Property is located. In the <br />arena tint any ptavision err clause of this Mortgage err the Note conflicts with applleable law, such conflict shall nor affect <br />Wltex provisions of this Mom of fire Nae 'rhich can 've gives effeet without the conflicting provision. and to fhu <br />end the ptov;~tsns of the Mme attd the Sate are deeiared to be severable. <br />2& twwwara Capt. Borrower shall Ix furnished a canfortned copy of the Nate and of this Mortgage at the tune <br />of eaecutimt a after texordsion hereof. <br />IY. 7ratetiar eft tie ~t'3 Aasaaapfow If a0 or anp part of the Pmperty err an innrrit theses is sold or transferred <br />by Borrower without Leader's prior wrettrn rotese+st, excluding {at the creation of a list a encemtbtxirce sttbordioate to <br />t1~ , {b} the creation ~ a purchase :Honey security interest far household app-lences. (c} a tractafer by wise. <br />daxmt or by opeeatiw of law upon the death of a joint tenant a !d1 the grant of any leasehold interest of three years or less <br />not r'n option to prtrcheat, Erodes nuY• at Lender's aptian, declare art the sums secured by tlvs Mortgage to 6e <br />immstfiately date and. pnyahie. Lender stun have waived stack s~ttion to accelerate if, prior to the sale or tratsder, Leger <br />and tier pessate so wtsona the Prapnty is to be sold or trartsferned reach agreement in writing that the credit of such person <br />is aatliactaty to Leader anal list the interest payable on the arenas secutnd by this Mortgage shall be at such ran u Lender <br />shall tf Lender ha waived the optiat to attelerate provided in this paragraph 17, attd if Harrowers setxesuor in <br />iat+eaatlm eaecund a written wsWaption agmnsast atxepted in writing by Leader, Lends shall release Borrower from all <br />else u~tx tint Ie2oreQsigte and the Na:ee. <br />U leader assess retch option to srcalsax. Lends shaft mail Borrower notice of accekrration in accordance with <br />paa~agirepi lA hereof'. Such ttoaiee shag provide a period of mn less thaw 30 days foam the don the notice is mailed within <br />+tlaei Baerormt may pay the stems declared able. If Bemmvrr faits ro pay sluts watts prior tc the expiration of astir period, <br />tTw.t ~. = f nom rr =...~~.: at ~.~_--, :nv~e any :.:~.......~.. p~;n.~tyd tr; par lei t~f. <br />i~fgacasas Cwra- B sad I.er3der farther covenant acrd agree sa follows: <br />lt. f Baa~t r praridai is pvrtgrapi f8 trewf, ttpw Bors'a isaaeh d eras swwtaal err <br />aBrawtast sr2 ifaetaeua M Ale ~/aP+ tie covsaaaM to pal wi6o ills sass tttttra sadaetl try Nis lltaeegtePr. <br />lealiaf at9ttt M aeeaiwailw shatsaaB notice M irarrrar r psoriiad it p 14 iaoa[ gtrdtyfagt p) ttYe htgacttt <br />C~iht YtBaa a~iwi tier saasseds lsaacht (H a dae4 eat Isar star St sfera paws Oe MM tier aMke Y aralfed N Saeeaeaer. <br />4 tttllifittlaat gritettt twf M assail art ~ Atat iaYreaa w were sail tassel er w iehse the sle6a t>saci0ai is tie ststYee <br />sop NeeIB 2s raeail~er st[ tier avers aaastsad it ids Maar•IBe, fwaciaswst i! !! art sale eg tier ~V. <br />"Nee roblte>illtt~ linatw Yates ^aRww sd lie stgltt M rafarWa titer sw+eiarrdaat sad Bra cfditl ~ stalest 4 the tae:iaeae! <br />rile ~ a ere arq etBret deletes ~ tltataewes nt ere trei tendae~ ~' Bee <br />irtollhaawi naeslksdant lira dtsa ttpadiai M tle aria, lorries w heaiet~a tsar fasfitana si et lie stare eacsned-ley <br />ilYi!~i fee M- tar sari pgsMa willtart taeuw dererrtl sad arras lenalaea i!' jrdleLl 6* [sde: <br />eYlltr tatNliptle aelN4ti Y tatth taawail4g t~ rtrpaarn rat irawsiteaatr, batiadrt. ia/ sera lists e., caOa or daesrrraeatr <br />ttsiilteteeee>Etlllwenlaa~dNfe rt~ea4. <br />1~e ~ ~ a lAYtiuiWe. PloavlBCtes~adiag i.eredra`s nos of tits stt®a sacttred Isy this Mortgage, <br />15~ t htrrat ~ r!~ CA wY lKgtar- by l..ender tar entoree this Morapge diseosainseed at avy Bette <br />~~ <br /> <br /> <br />