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<br />Lsnekr's written agreement ar applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the
<br />mantas provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additrortal
<br />indebtedrress of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment; such
<br />amoutts shalt be payable upon notice from Lender to Borrower requesting payment thereof, and shall bear inftrca frotrs the
<br />date of dtalnusemeat at the rate payable from time to titm ors outstanding principal tinder tha Mote unless paymeat of
<br />iahreat at such rate wastid tx contrary to applicable law. in which event such amounts shaft hear interest et rtes highest rate
<br />taxkr applicable taw. NrMhing contained in this paragraph 7 shall require Lender to incur any expense oe ttske
<br />any aMiaa hereuraser.
<br />B. Eatapeetion. Lender may males or catrse to be made reasonable entries upon acid ittspcctions of the Property, ptovidal
<br />that Lender shaft give- Borrower natitt prior to any such inspection specifying reasonable cause therefor related to tattler's
<br />interest in the Property,
<br />9. Cisa, The proceeds of any award or claim frx damages, direct or coraequentiai, [n cpnacction with airy
<br />condemnation or other taking of the Property, or part thereof, or for conveyance in lien of condemnation: are hereby ttaipte6
<br />sad shalt be paid to Lender.
<br />in tlx evtatt of a total taking of the Property, the proceeds shall I+e applied to the sums setnrtd by this Mortgage.
<br />with the cocas, if arty, paid to Harrower. In the event of a partiaF taking of the Property, unless Borrower and Leader
<br />otherwise agree in writing, there shall lx applied to the soma secured by this Mortgage such proportion of the protxeda
<br />as is egos! ta that proportion which the amount of the sums secured by this Mortgage immediately-prior ta the date of
<br />:9icing bean to the fair market value of the Property immediately prior ro the date of taking, with the balance of tha p
<br />paid to Harrower.
<br />Tf the Property is abandoned by Borrower, or if, after notice by Tender to 13orrawer that the canderutror o![eea to make
<br />an award or settle a claim for damages. Borrower fails to respond to Lender within 30 days afar the date atoll rrMisx is
<br />matted, tender is aufttorized to collect and appfy the- prtaseeds. at Lender's option. either to restoration or repair of ttfe
<br />Property or to the sums secured bc' this Mortgage.
<br />Unless Lender and Borrower otherwise agree in writing. any such application of proceeds to principal shalt not extend
<br />or pmtpnne the dire date of the monthly installments referred to in paragraphs I and ?. hereof or change the amount of
<br />such installments.
<br />t0. Borrower Not Rttetrsed. Extension of the nmt for payment or modification of amortization of the sums secured
<br />try this Mortgage granted by Lender to any successor in interest of Borrower shall not operate to release, in any manrrer.
<br />the liability of the original Borrower and Itorrawer's successors in interest. Lender shalt no[ ht required to comtrtence
<br />proceedings againu sucFr successor or refuse to extend time fur payment or otherwise modify amortization of the sums
<br />secured by this Mortgage by reason of any demand made by the original Borrower and Borrower's successor in interest.
<br />11, Forlsevaace sJ' Leader NW a Waive. Ann fnrtrtarancc by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not ere a waiver of rr preclude the exercise of any such right or remedy.
<br />The procurcmertt of insurance or the payment of tares ,rr other Liens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indek:tedness secured Fry this 1lnrtgage. .
<br />12. Retae~es C~tulaadlrc. AlI rcmedits pmv+ded in this 'vorgage are distinct and cumulative to any other right or
<br />remedy under this Mortgage or afforded tn• taw c+r egt:its. and may ht exercised .oncurrentiy, indspendentty or successively.
<br />1S. $acee»oes sold Astttgas Botmd: Joist aqd Several T.iabillly: Caption. I3re covenants and agreements herein
<br />contained shall bind, and the rights 9ereunder =.hall inure to. the respccnuc suueswrs and assigns of T-ender and Borrower,
<br />subje~'t to €ht provisions of paragraph 17 Is~tof. All covenants anal agreements of Borrower shall be joint and several.
<br />"The captions and headings of the paragraphs of this Murtgagv art for konvenittne rely and are not to tx useu to
<br />interpret of define the provision herea.f.
<br />L4. 'tlatke. Pxcspt for any Waite requited under applicable law ace be ~tven in another manreer, t::) any notice to
<br />Borrower provided for in this Mortgage shall !+e given by neatline such nonce by certified mail addressed to Borrower at
<br />the Property Address or si stxh other address as Born+wer me}~ dessgna;e by notice to Lender as provided herein, and
<br />ib) any notice to Lender shalt he given by certified marl. reaum reccrpt rryutsttd. to I.cnder's address stated herein or to
<br />such other address as bender may designate hy~ not+ce to Horn+wer as pruvrded herein. _?f9l _,_ this
<br />Mengage shall be deenced to have txen Banco to Borrower :v !.ender when given in t1te,4Mt~14F
<br />t5, UtaRorm AtariQtr~e; Govemiq~ I.aw: StrerabNtty. i??~s ter m ref morteage tx+mbines uniform eopayl~ lions!
<br />use and tton~uniform covenants with limited vananons by Iunxlrennn to consruue a tmiP~im . eying
<br />real property. This .3fartgage shat! !~ t;.rvzctsed h} the ia:s r:t the iurisd.ett~Ka t:r which the Property is located. In the
<br />event that any provision ar clause urf this Mortgage ar the tiatL amflias with apphrahle law. such conflict shall not affect
<br />otltsr provisions of this Mortgage ar the Vr~te which pan i>ti e~sen elfcct without the arnflicting prevision. and to this
<br />end the provisions of she Mortgage and the yc+tt .arc .Jec!arcd tz. ere .evzreble.
<br />t6, iotrorveis Copy, Borrower .bola lx: furnished e c.•nfarmed :opy of the Volt and of this ktortgage at t}se time
<br />of execution ux after recordatirm hereof.
<br />17. Tttaaafu at tae lroperiy: Assataptioa. If ail ~+r any part of the Pn~perty nr an interest therein is sold or transferred
<br />by Borrower without Lender's pr+er wrinen c.>asent. exctudittg ;a'~ the .session of a teen ar encumbranc:e subordinate to
<br />this Mortgage, (b) the crest+on of a purelta-+tr~, mor+ey xeurits~ interest for hcusehald appliances. fe) a transfer by devise,
<br />descent or by operation ut taw upon rht :itazh of a joint sensor or
<br />!..ender ma}-, at Lender's +rpuon. declare ail the sums secured by this Mortgage io be
<br />immediately dot and payable. Lender shall hate aatyed such optaan to accelerate if. prior tc the salt ar transfer. Lender
<br />and [he ~rsan to whom the Property is to he: ~; Id or trnsferred €vach agreement in writing that zht credit of such person
<br />is satisfactory to Lertckr attd that the interest ravatrlt .m iht struts secured by this !startgage shalt tfe at such rate as bender
<br />shalt ragtaest. if (.ender has waved the ++paion try .fcceleratt provided =^ +hts paragraph 1'. and it Borrower's successor in
<br />interest has executed a written assumption areet,xrat ar:oepted in •hriting by Lender. Lender ,hail release Borrower from all
<br />obligations under this Mortgage and the .`date.
<br />Tf Lender exercises such apt+an is accelerate. L<ndet shall t-, i'; Harrower nonce of seccleratirrn ~n accordance with
<br />pxagragh li hereof. Such notice shall provade a period of n+V iessathar. 30 day, from [he date the notice is mailed within
<br />which Borrower may ;ray the sums dalared due. if Harrower +.ad 'c+ pay such .uma poor to the expiration of each period,
<br />Ltatrkr tray, witTtaut ttatther rKXKC ar demand ~~t: ftOrrewer, :u.nke any reined+c6 f+t emoted by paragraph i t; hereof.
<br />Ntftt-Ltsrtroat~e C'ovF:ranr+rs Bcirruwer .cud I ender further cavcnant and :agree as ',oi(ows:
<br />38. AeeatuaKias; Rtaatdica. Eattp4 as provided is paragrapb 17 tcercuf, upon t3orrawer's breach of say coregaol or
<br />attteitaaaaA M Horrewa' iw tit+is Mortgage, iaciudiag iht careaaats to pay wbcn doe an. sagti s~a~d by t6~ Sior:gags.
<br />[wraar ~ actaleratim staaH remit entice to Harrower as pruridtd is paragraph f4 hereof specltyieg: tl) the breub;
<br />f2J ~s acttea rtalatted w case each hreacb: {Jt a date, rwt leas thaq ig days lease (tar date the entice is mailed to Borrower.
<br />by olNeh Wes bleach tldatt se tared; rind {it that iaBare to ewe lath brexh on ar ftefare the dolt sprrifud iq the ttofke
<br />ti1rP r Nt ~ of the satts3s solaced by ti+is ltarigrtge, tamlowre by ladkial prvrecdhtg sad sob; W' tine P,opsrty.
<br />'E#;s;~ EurFIW iat~ Betcasver of t~ ri}fW let stiaslalr tdtar accekratiaq s~ the right ra aseer4 is tbs tareeinsrtcc
<br />prttraaliMr !Ise eaa-tat~aatt rd a dafaatt ur aa~ Whey akftase of Sorrowrr to accetcrntioq sari forectowrr. It tAa 6rea+:h
<br />la sat saaad as or baforc tha daft spesNitd k the aoriee, l,tadct tl Leader'+ optiaq any declare all, of the suns scearcd try
<br />dri0 ~ ~ bin Taaastdistaay dot sad pay.hit r:filnaf tarihcr tfenaad cad eaar fon^cimx by j+a.3kiai ptartedl~, Leader
<br />eta d b c-utles±. to saer6 praceadlgg all captgsts of farectasart. facia, bat sot tisr&ed tn, cotes of dacaaataewy
<br />a~a^i6astca, tiatrsttbt sad tiBe rtparts,
<br />t>i, €~acrrrtws't t to Rs~triat. -"tcxwrthst>lnirag Lndsr'r. a.:;etcranr;n ::. ;ht sumx +ev.:red by this "rlnrtgaite.
<br />tiorrtgwtr steal! have tt€t right to halve a,ry prtt,:ucdnrags begun ht- Lender a=, a+fnree this 'vtut tgage eatrconuruned .t€ any nmt
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