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<br />l.cs>tder's written a~rv+eeire(i[ of applicable law. Barrtzwer shall pay the amount of ail mortgage insurantt premiums in the
<br />tntssster pftxideci u#tx parngraplt 2 hereof.
<br />:any amcwnn disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional
<br />ittdeeta+ttttteJrs at Barrowec secured by this Mortgage CJn1t { Borrower and Lantkr agree to Mher terms of payment, sttCh
<br />ar[ststents det~ be payabk upon natise from Lender to Borrower requesting payment thereof, and shall bear interest from the
<br />e~ ~ hktn,rwwrre ;at tlx rate tsavabk from time to tune on otttstanding principal under the Note unless payment of
<br />;~ at such rate wotdd be esxrtra€y to applicabk law. is which event such amounts shall bear interest at tht highest rate
<br />psrTttiaaeuie uteeicr app-iioai~ law. iirrg conta;,rtd in t~ ~ragrayh 7 s`.aii rYUa[t Latt;~r to rotor any exp!ass=t or take
<br />arty action herevnder.
<br />>ir ~ Leader may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that I,a4tdar shalt give Borrower notice prior to any such inspection specifying reasanabte cause therefor related to Lender's
<br />inttr'esf in tht Property.
<br />9. Ca~rtitaaeaiftasr. The proceeds of any award or claim for dama¢ea, direct or constquentiai. in connection with any
<br />condemnaticm or otlxr taking of the PmpMy. or part thereof, or for conveyance in lieu of condemnation, arc hereby asstgtxd
<br />and shall be paid to Lender.
<br />In the event of a tMal taking of the Property. the proceeds shall be applied to the sums secured by this Mortgage.
<br />with the excess, if any. paid to Harrower. to the event of a partial taking of the Property, unless Borrower and Lender
<br />orherni+c agree in writing, them shall ht applied m the sums secured by this Mortgage such proportion of the proceeds
<br />as is equal to that prapnrtinn which the amotmt of the sums secured by this Mortgage immediately prior to the date of
<br />tslcing bears to the fair r[urke! value of the Property immediately prior to the dale of taking, with ehe balance of the proceeds
<br />paid m Borrower.
<br />if the Property is absttdoned by Harrower. or if, after notice by i.ender to Borrower that the condemnor offerer to makt
<br />an award or settle a claim far damages, Borrrrwer fails to r¢e~nd to Lender within 30 days after the date such notice is
<br />trolled. Lender is authorized to collect and apply the proceeds. at Lender's option, either to restoration or repair of fix
<br />Property or to the sums secured by this Mortgage.
<br />Unless Lenckr and Borrcnver othtrwise agree in writing. any such appiicarion of proceeds [o principal shall not extend
<br />or postpone iht dtx date of the monthly installments referred to in paragraphs 1 and Z hereof or change the amount of
<br />such installments.
<br />t8. earrower Not Released. Extension nt the time for payment ar modification of amortization of the sums savred
<br />by this Mortgage granted by Lender to any stucessor in interest of Battower shall oat operate to release, in any manner.
<br />the liability of the originat Borrower and Borrower's successors in interest. Lender shall nee tst required to comtnerrce
<br />proceedings against stub successor or refuse to extend time for payment ar otherwise modify amortization of the sums
<br />soured by this Mortgage by reason of any demand made by the; origins! Borrower and Aarrower`s successors in interest.
<br />Il. Atr®esmtce try Lewder Not a Waiver. .Any forbearance by Lender in exercising any right or remedy hereunder. ar
<br />othertrise aBrorded by applicable law, shad oat he a waiver of ar prechtde the exercise of any such right or rcmeely.
<br />The procurement of insurance or [he payttrent of rases or other liens or charges by Lender shall not be a waiver of Lender's
<br />right to acceltratC the nuturity of the indebtedness secured by this Mortgage.
<br />IY. Reaa~ea GeastaWbt. Atl remedies provided in this Mortgage are dutinct and cumulative ro any other right or
<br />retnedV utttler this Mortgage or afforded by law or equity. and may be exercised concurrently, independently or successively.
<br />13. Staceesaws teed .lwigea Hotwdt doMt rued Severot I.iabiHty; Capes. The covenants and agreements herein
<br />contairned shall bind, and the rights hereunder shall inure ta. the respectit•e suceessorx and assigns of Lender and Borrower,
<br />subject ro the provisions of paragraph t7 hereof. .0.11 cavenarts and agreements of Harrower shall be joint and several.
<br />The captions agai headings of the paragraphs of this Mortgage are far canveniertce only and ate not to be used to
<br />in.erpret or QtSttt else prnvisian5 hereof.
<br />li. Notice. f?xcept far any nMicx required under applicable law to be given irs another mariner, (a} any notice to
<br />Bortawer provided for in this Mortgage shalt ix green by mailing such notice by certitled mail addressed to Borrower aC
<br />the Property Atldresx ar at such other address as Borrower may designate by notice to I_ertder as provided herein. and
<br />fbi any narice to I_endtr shall Ix given by emitted mail, return recerpt requested. to 1 Pntki x address stated herein or to
<br />such other address as I_emder may designate by txxice to Borrower as provides! herein. Any notice provided far in this
<br />Mortgage sha.l{ be deemed to have beta given to Harrower or Lender when given in the manner designated herein.
<br />t3. Uttitaara M®sfgage: Goventia6 i.aw: Seveaal~[ty. This farm of mortgage combines uniform covenants for national
<br />um and nc>:s-uasftvm cavettants with limited variations by iurisdretian to canstittrtt a uniform security instrument covering
<br />tta3 property. This Mortgq;e shall be governed by the law of the jurisdiction in which the Property is located. In the
<br />event that any pravrsion nr clause of this Mortgage ur the Nate conflicts with applicable law, such conflict shall not affect
<br />other provisions of this Mortgage ar the Note which can he green etTect without the confiictirg provisiots, and to this
<br />end the ptavisiam aE the Mortgage amt the Mote are declared to t+e ceverabk.
<br />li. Maaesrea's Copy. Borrower shall be furnished a conformed copy of the Note and of this Mortgage at the time
<br />of erfa:rstion or after recatxiatimt hereorf.
<br />17. 3'rawdtx at rtes Pnapwfy; Aratsaapraw. if ail or any pan of the Property or an interest therein is sold or transferred
<br />by Borrower without Lender's prwr written consent. excluding fat the creation of a lien of encumbrance subordinate to
<br />this ]tiortgrge, fbi fix creation of a purchase money security interest for household appliances, fcl a tramfer by devise,
<br />dttacettt ar by operatitm of !aw open the death of a joint tenant ar td) the grant of any leaxhoid interest of three years ar less
<br />txte eet[taiaiag an option to purchase, Lerttkr may, at Lender's option, declare all the sums secured by this Mortgage to be
<br />tmxttedis€ely doe star pays. Leader shah have waived such option to aceelerate if, prior to the sale or transfer, Lender
<br />artd the parson to whom the Property is to be said ar transferred roach agreement in writing that the credit of stuh person
<br />ix satisfactory to Lerxkr and that the interest payable an the sums secured by this Mortgage shall be at such rate as Lender
<br />siuti regtatat. I[ I.tatier has waive) the option ro accekrate provided in this paragraph 17, and if Borrower's sttcctsaor in
<br />inttatat has executed a written assumption agreement aectpted in writing by [.ender, Lender shall release Borrower from all
<br />atiotts under this Mortgage and the Nett.
<br />ff I.®ttdar turcisos st+4h option fq accekrate, f.entkr shall mail Harrower notice of aecekration in accordance with
<br />par°tttraplt I4 hereof. Stub notice shall provide a period of rtat Tess than 34 days from the date the notice is mailed within
<br />w~ 8xtrnwtr may pay the sumo declared due. If Elareewer fails to pay such sums prior to the expiration of such period,
<br />Latdtr may, without ftuttser ntvect: nr demYnl'., an Borrawtr, invoke any remedies permitted by paragraph t g hertwf.
<br />Neu[-lttrtrtxra Covanetvrx. Borrower anti I_cntkr further covenant and agree as follows: ! 1
<br />#d. ~ ff_r>~r, pars:eait as pravlde! 19 pv'gr'!k ! 7 heraaf, ups elrersrec'a lsteseA ei my caversatr ter U
<br />al ietrasar !tit this ~i the eavsatsfs sa pay wtaaw titre say soma setatri tai' ttsie •'4ttaigrMt•
<br />f>~ ~ M artcaiimyiaw sfs~ arta~ arks r4 ~ r prrtidai its t4 l+wsai rtpaaBytargt ell Uaa Miaclr;
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<br />ftp with atlt artkr ftstara steer pie erassiii Waal tit uaa fa~aes to errs aaxlr Rseaak ag ar ttatan Hta ter apaeiiaA ~ tYa satke
<br />soup txiai eta strxrratgtt ai site aa. twaawai f~ era efaryaatfa tansfaarrs -y ttik'W psassesiia~ sri safe of tlr 19rpagr•
<br />rlta sngkrta a1taM leerier iafatan >tatwaseera d cis rldta m r~tatws ahn aKrsMsaairt art tea ~ ro asaatA M sit IMSCftaaPa
<br />~ tits ~ ei a d sr ray surer ifkkpass el ~ a ~ as0 fststdawr~ ~ tltr ttsxxarlt
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<br />[tfrt firtgrrftt m fie ltwrraiftMratr ttw ear Pagiit .MSYrsr fnrrtlrtr ~ ati ~ tanriar M )Ariairtl pesaartHeg. reader
<br />i ill r m tetr~ses as staf isttrttiitaH ~ ,fiats +;# aaasrkrrrrrtt. . ttrt saw tlttiNSl as, [tear sl irttaarrtsy
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<br />!!. fltirarMk t~li ar fYfaafaN,. i i ttarinf . ...csia~.-~8.:yr =~ +rw ~,.trs aas:w,s! r*t :ba. ~l.+etjayr.
<br />tFrrtr tales ttrw '-~ ~ mss[ ~ '-+i~ .E--. ~,-- ~t_ .a i:t:~ tl*~e taE ~t~r~~rl ._. xley tit
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