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<br /> <br />Lr'a rritxetrs amt !x sQpi~able taw. Barrow.tr shall pay the arrspunt of a6 mortgage insurance premiums in the <br />enatarser ptbvided utxkr paragraph 2 hareaf. <br />Any asatarrus disirttrsed hy' [.order pursuant to ibis paragraph 7, with interest thermn. shall become additional <br />ittexs crf Borrower satin by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such <br />.sx..:.rers tltait he ~yafsle ttprct ttmice tram Lend ra Barrawer rcquestfpg payment thereof, and shall hear interest from the <br />:late of ~ Ehe rare payttbk from ritsre to tetra an outatattdiag principal corder the Nate unless paysruxtt of <br />itttereat at such rnaa wntnd ~ °.ti;::trary to apQliaable law, in which avant sorb arrtattota shill bear irrtezest a4 the highe3t rate <br />permist3bte order apptlcahle few. Nothing cmttaitred in (his paragraph 7 shall require [.ender to inctm any expense or take <br />~ eerier harm. <br />t!<, Hppectlaa. Lender may make ar cause to he made reasonable entries upon and inspeMions of the Property, provided <br />that Lender aha6 give Borrower notice prior to any such inspection specifying reasonable cause therefor related to tender's <br />intSre3t in the Ptepnty. <br />9 Cariartttwtfbr. "The proceeds of any award or claim for damages, direct or consequential, in connection with any <br />condatttnation or other taking of the Property. or part thereof. or far canxeyance in lieu of condemnation, are hereby assigned <br />and shill be paid to Lender. <br />In the evam of a cacti taking of the Property, the procaeda shall be applied to the stoma secured by this Mortgage. <br />witlt the sxtxst, if any, paid to etorrawcr. In the event of a partial taking of the Property, unless Borrower and Lander _ <br />otherwise agree in writing, them shaft 6t applied to the sums secured by this Mortgage such proportion of the proceeds <br />as is squat to that proportion which the amount at the sums secured by this Mortgage immediately prior to the date of <br />taking bears to the fair market value of the Property immediately prier to the date of taking, with the balance of the proceeds <br />paid to Borrows. <br />Tf the Property is abattdarted by Borrower. or if, after notice by Lender to Harrower that the condemnor afters to make <br />an award ur settle a claim for damages, Borrower fails to respond to Leader within 30 days after the date such notice is <br />trailed, Lender » attthttsiud to collect acrd apply the proceeds, at Ixttder's option, either to restoration or repair of the <br />Peppery or to the sums secured firy this Mortgage. <br />Tlnless Lander and Borrower otherwise agree in writing, am' such application of procceds to principal shall not extend <br />ar postpone the due dart of the monthly instailmmts referred to in paragraphs t and 2 hereof or change the amount of <br />sucfi instaiimems. <br />I!. liosrower Nat Reload. Extension of the time for payment or modification of amortization of the sums seared <br />by this Martgagt granted by Lender m any successor m interest of Harrower shall not operate to release, in any manner, <br />ehe liability of the angina! Borrower and Barrowar's successors in interest. Lender shall not be required to commence <br />proceedings again% such successor or refrssa to extend time far payment or otherwise modify amortization of the sums <br />seettttd by this Martgagt by reason of any demand made by the anginal Borrower and Borrower's successors in interest. <br />t Y. IRot~sraree by I,eoier Not a silver. Any forbearance by Lender in exercising any right or remedy hereumitr, of <br />rnheravise aRotdai by applicable taw, shaA rat he a waiver of ar prec}ude the exercise of any such right ar rettiedy. <br />Tfte procurement of inuurance ar the payment of taxes ar other liens or charges by Lender shall not be a waiver of Lender's <br />right to accelerate the maturity of the irzdehtedness secured by this Mortgage. <br />ii ANrdir Cmsr~e. All remedies provided in this Mortgage are distinct and cumulative to any other right or <br />remedy under this Mortgage or afforded by taw r:r equny. and may he exercised canatrrently, independently or successively. <br />t4, Seeteasasa t~ Aselgas Howsd: Ja~t sari Sauced Llab~ty; Captiors. "the covenants and agreetnestts herein <br />contained shall bind, and the rights hercumler shall inure to. the respective successors and assigns of t-ender and Borrower. <br />sub}tx( to the pravisiotts of paragraph t7 hereof. Ap covenants and agreements of Borrower shall be join( and several. <br />iSte captions and (readings of the paragraphs of this Mortgage are far convenience only and are not to be used to <br />interpret ar dcfirte the proviaians Mrea(. <br />t4. NaRea. Except far any notice required under applicatrle law t:a he giverz in another manner, {a) any notice to <br />liatmwsr pmvid~ for in ±hia Mortgage shall tae give.. by mailing ,uch notice by certified mail addressed to Borrower at <br />the ProQcrtp Address ar a! such allot address as Borrower may designate by native m Lender as provided herein, and <br />!b1 any riatiae to Lander shall he given by cenifled mail, return recrtpt requested. to Lender's address stated herein or to <br />such ether address as Lender may designate by notice to Barnnver as provided herein. Any notice provided for in this <br />Martgagc shall he deemed to have hem gives to Borrower or Lander when given in the manner designated herein. <br />es. Ltet•~_=_. : Gsvexrsl~ fat; S<vvert,4y. This form of mortgage cambittes uniform covenants for national <br />we and taut-uniform covenants with limited variatiafls by iunxdtctian to rnnstihrte a uniform security instrument txtvtring <br />real property. "Th» Mortgage shall be governed try the taw of the junsdicuan in which the Property is Ioc:red. In the <br />event that any pmv»ian or ciattse of this Martgagc ar the Hare canflittx with applicable law. such conflict shall not affect <br />other prarisiszrs of this Mortgage ar the Note which can rte groan effect without the conflicting ptovisian. and to this <br />tau{ tlx provisiops of the Mortgage acrd the 'late arc declared to be severable. <br />tt3, iifmsasaw~'a t^.ttgry. torrower shelf hs furnished a canfurttsed copy of the Note and of this Mortgage at the titre <br />of exerutitxt or attar recordatrAti hereof. <br />t3. 7'raatRha a[ tYa pasgaAy; Attr~pdOr. 4f all or any part of the Property or an intert~t therein is sold or transferred <br />by Harrower without f.en~t`s prior written consent, excluding cal the creation of n lien ar mcumbratice subonlinate to <br />this Alortgaga, (bl the creation of a purchax mcmey security interest for househpid appliances, {c) a ttarrifer by devise, <br />dtaoatt ur bq operation of law upon the death of a }x>int tenant or tdl the grant of any teaxtmld interest of three years or less <br />tsar containing art aQtion to purchace, Letxkr ttray, at Lender's option, declare all the sums secured by th» Mortgage to he <br />imaaxlutely due and payable. Lender shill have waived such option to accelerate if, pear to the sale or trtttisfer, Lender <br />and the parypn to whom tl~ Propriety is to tx sold or transferred Mach agreement in writing that the credit of such person <br />is trai~factary to t.arrdat and that the interest prynhle an the sums secured by this Mortgage shill Fx at Birch rate as Lender <br />spilt t~mt. tf t.emler bar waived the option to accelerate provided in this paragraph 17, and if Borrower's sircccasor in <br />itusaK bu azacu~ a writteat atmetmptHStt a~racntent accepted in writing by txrider, Lender shaft release Harrower from all <br />o uadea tlsis fr€ortgsp and the Nast. <br />tf Loader ezarcises such optiisn to a.Yeekrate. Lerxkr sfspil mail Harrower notice of acceleration in accordance with <br />Para t4 trer~t. Such native sttdl provide a peeled of tort teas than 3b daYs from the dare the nWice is mailed within <br />seeiMrh tttirnrater may pay rite stoma daefarad due. It Barrawer farts to pay such sums prior to the expiration of such period, <br />i.aani~x may. wiiepgt ft.rtfrer nattaxi. ~x ciaastand =ra tkrrrawct, invoke any ramadtes permuted try paragraph iR hereof. <br />I~ar•L"swtntaaa'C'.avatw,sara 1#~rr~~rr matt f,an,:lar carper <crvenam acrd agroa as ttrlloars: <br />31E, Aria !a¢agtf ar fpa's~ ~ paraegrttgAt e 7 beater, llaaeoaras'a braasi of awy eavprri a <br />sr.+u..i.r r 4; ~ ~ dr ti~~v°.xffi is Sa'i wisaa daa troy twist i7 tech <br />tetatiir gate ate iralarteir siaH sti testae ~ #assssrar ar eumrvtiai M pawMraQA e4 ttaseaf ttyadtyeaaF (I- 16a bssacik <br />#Ab title wATaw sargttiaa! fa seta trade feeaaa-t t }i a itsrw east ~ Rrtr J!! fags t»s Rea ~ Ma raRaa M trrYei rst Iitmraaarar. <br />is ~itid- parr itsarai- a» lea stts# sari !4/ Met talpars t. saw setter fsrataeA ant « laltaaa Mr tiro apaaMYii tw tfsa retie: <br />asp- ettatail is ~ s# Oa star esasrai lay teYi MaagtyMa, aasrtallarsett IYy ~ -M+aiiaa tai Sala a/ tie Pt~airsatt, <br />Ai ataMea attaM ItatAnt iaAseete Lresaras ai i0e nirMt as +staattrrr attHr ~ tai pp ~ sa attar its Rea <br />tawitrMats tws eiwafiwiroa d . MtMwia « era .Mrs +darsa d fllaa+saear as aat~iseseiir tri Rtaastrera H t~Yi Yearei <br />seat ttiwr! ar as tlaf.ia tar 9itfa ii ttw sreawaa. reeler r t.raelse^r r*Aeetta +ra'4 lasian ar of Aa star trasrall b <br />ili`atllYa+i is tae le,tte~wt~ +tlss a# f +atlrsr Issauati srl{ astR tr~aaaeasr it;r etetitriae 1_iaasaa~le~. tale <br />s!t! lba attttial as reieatsl ies are# ~ aM .alaaree rf ~. ~S. tea eat liripa{ as swm a# tFretsreaiarq <br />saigeiua. tYWartM are! ttiia a.nra- <br />ills ~ elt~ t• ii~telr•sa r retire s ..t:riaeaeo+w i «,w ..asr +w<wiagl trs 14..eegys. <br />gsa+~aaaw rirfRft trrrr +ia ~ aw.a rrwui ~' xN~ t«. ~ a,- e+~.r. r :t,-, ~ r~,, +srrwasci <br />:. ifRE 3fi? P33Rt~r <br />