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1 ~" [~ t~~r~~ <br />Loader's written ag[ee~att or applicable law. Harrower :hall pay the amount of ail mortgage ii; ' ums in the <br />moaner provided utsder pnagraph 2 hereof, <br />Atsy emavnta diabutxd by I,ertdtr pursuant to this paragraph 7, with itterest thereon, shalt become additions[ <br />intia~tedreess of Borrower sttcured by this Mortgage. [inks Borrower and Lender agree to antes terms of peymtM, such <br />atttantrb shaft be payaide upon notice from Lender to Bomrwer requesting payment thereof. at[c shalt bear interett tram the <br />date crf disdttraerrterti at the raft payairk fr~xrt time to tirrte on outstartdhtg principal under the Note unless paymatl of <br />iatttte~ at raxh ['ate would be contrary to appiictrttk law, in which event such amounts shad bear interest at the highest rate <br />ra clot ay;Yii.~hit: iaw. i~.~;~rg c-snu~rrod in this piira~aph 1 s:.ali .„ire Lr;rsdirr to im-•ttr a[ty txpcu~ ar taste <br />any action herettn8a. <br />A Gender may make- ar reuse to be made reasonable cnttks upon snd itsspecNorts of the Property, provtd~ <br />that Lender short give Borrower [[atice prior to any such inspection spxifying reasonable cause therefor related to Lettde>+'a <br />inhr~ in rite 3`. <br />1. The proceeds of any award or claim for damages, direct or corest:quential, in connectioet with e.~;y <br />txQtdaennation ar attar feting at the Property, or part thereat, or far conveyance in ficu of condemnation, are hereby assigned <br />ana sr:>rii bE paid za Leader. <br />7n dte event of a -total taking of the Property, the proceeds sha)I be applied to the sums secured by this Mortgage, <br />w#Be-tint estxss. if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender <br />otherwise agrce in writing, thtrc steal) be applied to the sums secnred by this Mortgage such proportion of the proceeds <br />as is egt[al to that propottintt which the amount of the sums secured by this Mortgage imrrsediateiy prior to the date of <br />takit:g bears to the "air retorter value of the Propertq immediately prior to the date c[f taking, with the balance of the pracee~e <br />paid to Borrower. <br />Tf the P-oparty 3s abandoned by Borrower. or if, after notice by Lender to Borrower that the condetanor often to make <br />an award of settle a claim tar damages, Borrower faits to respond to Lender within 30 days after the date such notice is <br />mailed, Lender is authorised to collect and apply the proceeds, at l~ttder's option, either to restoration or repair of ttg <br />Property or to the sums secured by this Mortgage_ <br />Unless Lender and Borrower ofitrwtse agree in writing, any such appticatian of prerceede to principal shall not extend <br />or postpone the due date of the r»oothly installmcn[s referred to in paragraphs I and 2 hereof or change the amat[nt of <br />such inataltmeats. <br />te. Bersower Nat Rekasei. Extension of the time for payment or modification of amortization of the sums secured <br />by this Mortgage granttad by Lender io any successor in interest of Aortower shall not operate ro release. in any manner, <br />the tiabiliry of the original Borrower and Borrower's successors in interest. Lender shalt not be required to commence <br />ptoaxdittgs against such successor er refuse to extend time far payment nr nfierwise modify amortization of the sums <br />secured by fits Martga;e by reason of any demand made by the original Harrower and Borrowers successors in intettxt. <br />ii. lParittrwsee b!' i.eedet Not a t?Palver. Any forirearance by Lender in exercising any right or remedy hereunder, or <br />otheswest afforded by applicable Inw, shall not be a waiver of err preciudt the exercise of any such right or remedy. <br />Tlx pracuretnttu of insuraact or the payment of taxes or other liens nr charges by I.e»der shad not be a waiver of Lender's <br />right to scmkrate the maturity of the indebtedness secured by this Mortgage. <br />12. Re!me~as Crnms~sr. Ail remedies prcvidtd in this Mortgage arc distinct and cumulative to any ether right or <br />remedy under this Mortgage or afforded by iaw or equity. and may !re exercised concurrently, independently or successively. <br />13. Saecesson aad Aasiges Boaad: dohs[ and Seret~ i.ia'~ty; Capffoas. The covenants and agreements herein <br />comairxd shat] bind, and the rights turettnder shall inure tn, the respective successors and assigns of Lender and Borrower. <br />strbKc# to the provisions of paragraph t 7 hueof. Ail covenants and agreermnts of tlorzower shall Ire joint and several. <br />The captions and headings of the paragraphs of this Mortgage are tar convenience only and arc not to he used to <br />interpret or define the previsions hereof. <br />14. Netite. Erccept far any notice required uncle! applicable law to be given in another manner. ter) any notice to <br />Borrower provided far in this Mortgage shall tx given try mailing such notiu by certified mail addressed to Borrower at <br />the Property Address err at such other address as Borrower may designate by notice to ).ender as provided herein, and <br />fbl any notice to Ltnder shad fx given by certified road. rttum recsrpt rcgtxated. to Lender's address stated herein or to <br />such other addrtsx as istidcr t:tay designate by native to Bormwtr as pmvtded herein. Any notice provided for in this <br />Mortgage shalt be deertttd to have been given !o Borrower u I ztrdtr whin given M the mantxr designated herein. <br />15. Uatfwm i E;averatetR lacy: 3trerafriYiy. This form of tnartgagt ctutsbieees uniform covaratrts for national <br />u~ and uott-uniform covenants with limited variations try iur:sdiction in cazxstirste a uniform security instrument eovtring <br />tea! property. This Mortgage shall ere governed by ?ere iaw .rf ?rte iurisdicuen in which the Property is located. In the <br />event that any provision of ciaust of this Mortgage err the `dote candicts with apptica`trle iaw. such confi3ct shaft not affect <br />odor provisions of this Mortgage err the Note wfiech .an tx g?yen etftct witfinu[ the canfiicting provision, and to this <br />etrd ttre provisions of the Mnrtgagt and the *iate are deviated to tK severable. <br />16. tiaererrm's Copy, Borrower stsalf k+e furnished a canfnrme+l copy of the 'Vatr and of this Mortgage at the time <br />of exectrtsen or after recordation hereof. <br />17. Teaashr of tie TropeRy; Ara>sptlore. if ail or any part of she Property ur an interest therein is sold or transferred <br />by Bmrcwer triittaut Lender's print written cotrsen[. excluding !si the creaticro of a lien or rneumbrattce sutwrdinatt to <br />then Mortgsgt, fbi the creation of a purchase money security interest for household appliances. (c) a transfer by devise. <br />derzent err by operation of law upon the death ai a ;v-..~t tenant err <br />Lender may, at ] endtr's apt?an. declare all the sums secured by tMs Mortgage to be <br />itnmediatety due and payaiek_ i.ender shaft have waived such option to accelerate if. prior to the sale or transfer. Lender <br />and the person [o wham the Property is to ere sold or transferred reach agretmtnt in writing that tht credit of such person <br />i# satYSfxtoty to Leat~r and [hat the i¢rt:rest payable c*n [ere sums seeurtd t>p [his Mortgage stsa3i be nt such cart as Lender <br />shit regtrai. tf Lender bas waived the npticm to accelerate pravidtd in this paragraph 17. and if Borrower's st~ceasor in <br />itNpett has executed a wn[ien assumption agreement acsaepted in venting by (xnder. Lender shall release Borrower from alt <br />utffltr tPtis Martgagt attd the Note. <br />Tf i.ettder exescisea such option to asxektntt, 1_trdtr shall mat! Harrnwtr notice of accekraticn in accordance with <br />34 t#_ Stich notice shah pravidt a peri«i :rf not lass_ than ;~ days from the date the notice is mailed within <br />wh~hlttprow:er tttay pay test sums da4ared due. if Borrower faits <o pay such sums prior to the expiration of such period; <br />i.6ad!! any, witttaat further notice or tkimand an Bnrrcrwcr. revoke any rcrnedies permitted by paragraph I'd hereof. <br />tdpts-114ttr^altkt Ctnrr!tnrtitt. Barrawtr and Lernicr further covenant attd egret as tatlaws: ~ <br />i!. k+editeratlaest feet ifstetst as prarided tar ptsnslt:sph t7 hereof, open ftorrarrrr's b[xtach of ray coreteaat or <br />gtrrwat at llsetraaras !A this ~, {aelerihrR the cnreaaa/s m par whra doe nay sums scented b}' this Mahe. <br />t.arilts>~ a su+defs~aa s4aB nail auslre to Berrorrer as provided is panaRrgh t4 hereof rpecilytagt: fil the bserteh; <br />f]t Ni! sAins taKaips[l 1a etua snd- itnaechi f3) s doh. tear tear than 30 mere trots the dtth tMe stoke is osaBed to ttarrawer, <br />bit wlrbdf srdr beeaeie rata[ ba tam ~ t4} that faHnrr to true ratte broach as w betorr the date spaci8ed ht the aaUea <br />M) saa9dl la rttaa+dsea[iaee of tt~ rsaa scented by this hl, foreelewse by ~dirid #rorsediag sad sale nt the Prrrperty. <br />T!s aeeiiea tis/ feathrs Mtrsrrs i~aeearsns~ of the riRbt to teltetttah styes araeleratbrr sad t~ riglei to aassrt h the 4oredswre <br />~ of a as ~i oAar drtwrt of Barr~asrer fo atcdeaattort and force If the bmeach <br />k ads sspast as w !start Ufa testa gMrtfRQd h the aotlte, t.awdter at l.etede~s a}rtiaa rosy daxlare eB of the srfrt neared br <br />tttfs to be 6aratr + sad p~rahk rrtthret tattleer deauard ated ssav Eartcloee br jadkid proeeadhelg. Lester <br />~~ (N ase~ai sa eafteet tar each tenet ail estee[easa of ferrdarre~r, its. bee ass thrdttd to, coM.s of dotrarrasrry <br />~ alaatsee4s and tlds raPssh: <br />ib. Ida tbit#tsi m frat[eYtt. ticrvritt[a[a±xdirtg t.ttnftx's 5scttcrat[an cn fist eratns +~urtd try this Mortgage, <br />Rrsrasrea shalt [taut rRe right [si ieavse any #+rocaedings trtgtm tsy i ender tc eretarr~ th?s Atartgagt discantmtrtd at any unit <br />