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<br />8I -- t)(r~ti ~2 <br />Lender's written asroemant or applkatAe law. eorrnwer shalt pay the amount of all mortgage ianurance premiums in the <br />Wtsastar provided ;ruder paragraph ?hereof. <br />Any atiwtents disburxd by !.ender pursuant to this paragraph ?, with interest thereon, shad become atidiHonal <br />indebtedness of Borrower stxured by tins Mortgage. Unless tiottower and I_ettder agree to other terms of paymem, such <br />amounts shall be payahk upon notice from Lender to Burrower requesNag payment thereof, and shall bear interest from the <br />data ref rtiau._....~..,t of the t~ payable frosn tirrte to lilac on ot~nstatsdiag priasipai undkr *.he Ntrte uW!t~ paytWeett o€ <br />interest a! stxh rte-wotrM 1x contrary to applicable law, in which event sucfi amotmfs shall bear interest at the highest rtu <br />pczmista~rie under applicable law. Nothing cantair!ed in this paragraph 7 shall require Lender to incur any expeaso or takt <br />any action htsreuwdor. <br />>i. >- Lewder [nay mane or cause to tx made reaumabk entries upon and inspeMions of the Prop¢rty, provided <br />that I.erukr shaii give Borrower trotice prior to any such inspection specifying rrasonable coax therefor related to Letttfa'a <br />in[eees4 in the 1'7opaty. - -, <br />~• Ceeslaraw. The proceeds of any award or claim for damages. direct or consequential, in connection with any <br />condemnation or other taking o! the ikoperty, er part thereof, or fur canveyancr in lieu of condemnation, are hereby assigned <br />and sFtait be paid to Lattdu. <br />Ln the event of a total taking of [fie Property, the proceeds shall be applied to the sums secured by this Mortgage. <br />with the excess. if any, paid to Borrower Tn the cvrnt of a partial taking of the Property, unless Borrower and Lerner <br />otherwise agree in writing, there shalt ht applied to the stems secured by this Mortgage such propcrrtitnr of the proceeds <br />as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to fhe date of <br />taking facers io fire fair market value of the Pmperty immediateW prior in the date of taking, with the balance of fife proceeds <br />paid to Borrower. <br />Lf the Property is abanidonxd by Borrower, or if, after novice by Lender to Harrower that the condemnor offers to make <br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 da}s after the date such notice is <br />mailed. Lender is autlwrized to calker and apply the proceeds, at i.ertder's option, either to restoration or repair of the <br />Property ar to the sums secured by this Mortgage. <br />Unless Lender and Borrower otherwix agree in writing. any such applicarien of proceeds to principal shall na! extend <br />or pastpotre the due date of the month!}' instailmrnts referred to in paragraphs 1 and 2 hereof or change the amount of <br />sactr inatallmemts. <br />IH. lisrrtasrer Nat Released. Extension of the r'me for payment or mtdification of amortization of the sums secured <br />by this Mortgage granted by f_ander to eery successor in interest of Herroaer shaii not operate to releau, in any [Wanner. <br />the liability of the original Sottower and Borrower`s successors in imerat. Linder shalt not Ix required to cormsxttce <br />proceedmgs against such successor nr refux to extend tune fur payment ur othetwse modify amortization of the sums <br />secured by this Mortgagt try reason of any demand made by the original Borrower and Borrower's successors in interest. <br />11, por6~ce ti Lewder lVat a Waiver. Any farfxarance b}• i.cnder in exercising env right or remedy hereunder, or <br />otherwise ar'forded oy applicable taw, shall not tre a waiver of nr preclude the exercise of any such right or nrrrredy. <br />The prsxtrremmt of iastrraace or the payment of taxes or other liens nr chazges bs Lender shall trot he a waiver of Lender's <br />right to aceekrate the maturity of the indebtedness secured by this Mortgage. <br />12 Brt C~dss. All tmxdies provided in this Mortgage are distinct and cumulative to any other right ar <br />remedy under this Mortgage nr afforded try law or equity, and may t+c exen:tsed concurrently. independently ar successively. <br />I3. Stsceesaon awd Aasit;m ilouad; lobo and Several I,id~y; Caplbm. The covenants and agreements herein <br />contained shaii bind, and the rights hereunder shat} inure to, tfre respttitive succt;sars and assigns of i_ender and Bornasrer, <br />subject to the previsions of paragraph t7 hereof. .#ii covenants and agrcerteents of Borrower shat) ire joint and sererat. <br />The eaptiarrs attd headings of the paragraphs of this Mortgage are far convemrncr only and are oat to ire used to <br />interpret or deftne cite provisions hereof. <br />10. Notke. Except for any twii~x required under applicable law to be ¢ivtn in artotlter rnarmcr, fal any notice to <br />Horrovrer provided for in this Mortgage stroll ire given try mailing such unfree by certified mail addresstd fo Borrower at <br />tlx Property Address ar at such ether addrr=ss as Bnrrowee may cfestgnate by notice ro i..rttder as provickd hereiW, aWd <br />Fb) any nattce to Lender shaii be given by certified mail, return receipt requested, to Lenders address stated herein ar to <br />such other addreaa as Lander may designate by notice to Harrower as provided heron. .Any notice provided for in this <br />Mortgage shalt he deemed to have bin given tp Harrower nr t Winder when given in the mantic designated herein, <br />I3. UaYarr• Motrtprlt; GoverrdsR Law; Sevrrab~ty. "this form of mortgage combines uniform covenants for national <br />ea: and turn-uniform cmattattts with limited vat-iations in jurisdtrtion to cnastihne a uniform socurity inafrumtnt covering <br />real property. This Martg:ge shaii ire govtrrted by the law nt the jarisdretton ir: which the Property is located In the <br />event that any provision or clause of this Mortgage or the Nate conflicts with applicable taw, such conflict shell not affxt <br />otter provisitrrts of this Mortgage or the Note which can ix green effect without the conflicting provision, and to this <br />ertd the proviseom of fix Mortgage and the b7ote arc Declared to be severable. <br />iii. Baeoswsr's Copy. Borrower shall be furnished a conformed copy of the Note and of this Mortgage at the time <br />of eaecutart or after recordation hereof. <br />iy. 'IYattetar of tie I"+'~y; Asswptltsa. if ail or any part of the Property or an interest therein is sold er transfetrerl <br />by Borrower without Lender's prior written consent, excluding tai the creation of a lien or encumbtaace subordinate to <br />this Mortgage, rbl fix creafitur of a purchase nrtaney security interest for household appliances, fc) a transfer by devise, <br />descent or by operation of law upon the death of a joint retool or fdi the grant of any leasehold interest of truce years or less <br />cwt containing aW option to purchase, Leader may, at Lenrder's_ option, declare ail the stems secured by thin Mortgage to be <br />imraadiaialy due and payable. Letxkr she!! have waives such option to accelerate if, prior to the sale or tramfer, Lert~r <br />sad the puson to when fix Property is to be solo or transferred reach agreement i•r writing that the credit of sash person <br />s; satisfactory to Lender and that the interest payable oa the sums secured by this Mortgage shalt tx at ouch rate as Lender <br />shaii rsaqusst. Lf C_endar has waived the option to accelerate provided in this wragrapb 17, and if Borrower's successor in <br />interest has eaectrted a written assumption agreenxnt accepted in writing by Leader, Lender shall release Borrower from ail <br />otrB~tttaas under itr%s Mortgag® sad the Nrrlt. <br />if Lender exercises such option to accelerate, Lender shaii mail Borrower notice of accekratioa in accordance with ~ <br />paragraph Id hereof. Such online shaii provide a peritrd of na lea than 30 days from the date ttx notice is mailed within <br />which )l¢arower [nay pay the sums declared slue. If Horrowzr fails to pay such soma prior to the expiration of such period, <br />L.aadm [way, without further notice oe demand an &xrower, invoke any remedies permitted by paragraph 18 hereof. <br />Nan-(3rtrt+w-t Cotntteatrts, Borrower and [.ender furthtr covenant amt agrce as fallowa: <br />~ ~~ ~ iAssi iw psasKsapls t7 irersai, apes Bortowas's breuctr of awy ravewW or <br />6tsdistg aYs rarvwaWs to pay witsas des nary stars sscrrod by tilts Motfgtrga, <br />d ptAros ~ s dtaY wash notice to f$answar ss ptoviAaA Es pssrttgrap(s 19 6ssssA trpeeifyitsg: (IL tMe bssaelr; <br />tg} l!a wallow trstyartd a own arch Mnatrhy f3) a ArM, alai rasa t4aa >• eiy. free ttse dws tYs astlce k roritsA N Basrawer, <br />b slid rat3t Mrtadt tttttast Ma urrru4 anti f4l ~ tagssa w Ctrs aeacir bs~lt oa a< bdasrr t!e agMe spatiEsd ~ the wseka <br />uiMs stall 1siiiasu barssewytt at Msyi~p W~i.irtate sdssr wcasNasa~ iaaastf awti o4a ai e6a leaparty. <br />rift to sassrt is tfss /attscis~rs <br />parass~YrB tits ~ ei a AtNawll ar ray srt6tttr drtarre n< tlartnsas as aers~atlsa arA loradgws. R Ne bssstel <br />1. asA ssaad as rs ledrs s4 AtsMe s*asiBaA w trs asoka t.saAsr « I.saAa's spiaw trV dselaes wit ai tM saws sassraA b <br />file ~oet>q~a t. rte ~ Awe seat ptyalin .risr.w hnaw Asraawll alai «~ t~sscl.w by pnasagsB. t.atrttsr <br />Le awt>t~tsi bt ter ~ ~ d sue. ,si ~, . ~ asi tiaaBai txr, .,.stiA of tatsrrawiwry <br />>~> <br />Il. loaaaatars ~ sa llatrtr., "rsrr..~ i.ewsFp , aresisfiaataa r~ ter wnr +acwed br flits MtXtjays, <br />lisssiatnrat altaA tram Aa resat m lava rwy )FSwssias~p t+y I ertdrr tr, eatexcrt ttrx ?dxxtayv :htywttnuad at say trine <br />