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<br />Lender's written agreement or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the
<br />manner arovided under paragraph 2 hereof.
<br />Any atttaunts disbursed by Lender pursuant to this paragraph 7, with interest therton, shall become additional
<br />imkbtedncss of Borrower secured by this Mortgage. Unless Harrower and Lender agree to other terms of payment, such
<br />amounts shad be payable upon notice from Lender to Bormwer reytresting payment thereof, and shall bear interest from the
<br />date of disbntsement at the rate payable from time to turn on outststrding principal under the Nott unless payment of
<br />itttsrtst at such rate would be contrary to ap(,:esabte law, in which event such amounts shall bear interest at the highest rate
<br />pertniasettle under applicable law. Nothing crontained in this paragraph 7 shall require Lender [o incur any expellee or take
<br />any action hereunder.
<br />>!. Irapectior. Lender may make or cattle to be made reasonable entries upon and inspections of the Property, provided
<br />that Lender shalt give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lendtr'a
<br />interest in the Property.
<br />9. Catsieet The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation oe other taking of the Property, or part thereof, or far conveyance in lieu of condemnation, are hereby assigned
<br />and shall tx paid to Lender.
<br />In the event of a total taking of tln Preperiy, the procceds shall be applied to the sums xcured by this Mortgage,
<br />with the cxttss, if any, paid to Borrower In the evrnt of a partial taking o[ the Property, unless Boerower and Leader
<br />otherwise egret in writing, there shall !x applied to the soma soured by this Mortgage sttclt proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Mortgage imrrtedsately prior to the date of
<br />taking hears to the fair market value of the Property immediately prior to the date of taking, with the halantt of the proceeds
<br />paid to Borrower.
<br />If the Property is abafldoned by Honower, or if, after notict by Lender to Borcow-er that the condemnor offers to make
<br />an award or settle a claim far damages, Harrower fails to respond to Lender within 3Q days after the date such notitt is
<br />mailed, Lender is authorized to cnikct and apply the proceeds, at Lendtt's nptvon. either to restoration or repair of the
<br />Property or to !fie sumx secured by this Mongsge.
<br />Unless Lender and Bormwer otherwise egret in writing, any such application of proceeds to principal shalt not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of
<br />such installments.
<br />I0, Norrosrer Not RekaaW. Ettension of the time for payment or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner,
<br />the liability of the original Borrower arsd Borrower's successors in interest. t.cnder shalt not he required to commence
<br />pr~dings agaitsat st~.h st.~eaaor or refuse to extend tirsty for payment or otherwise modify amortization of the sums
<br />secures by this Mortgage by reason of any demand made by the original Bormwer and Borrower's successors in interest.
<br />!I. Feereaarrte b Easier Nat a writer. Any forbearance by Ixnder in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable taw, shat! not be a waiver of ar preclude the exercise of any such right or remedy.
<br />The procurement of itauntue or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />12. lterstNes Cttnrbtise. All remedies provided in this Mortgage are riistinct and cnmutative to any other right or
<br />remedy umkr this Mortgage or afforded by law or equity. and may Fx exercised concurrently, independently or successively.
<br />I3. Sreeeeaea red Aaaigrs Qorrd; lairs aaa Screed I.labiaiq; Captlous. The covenants and agreements herein
<br />rorrtairred shall bind, and itn rights hereunder shall inure to, She respective successors and assigns of Lender and Borrowtr,
<br />subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shall be joint and several.
<br />The captions and headings of the paragraphs of this Mortgage arc far eonveniettce only and are not to he used r-
<br />intetpret ar deAne the provisions hereof.
<br />I4. Notlce. Except for any notice required under applicable law [o be given in another manner, (s) any notice to
<br />Borrower provided for in [his Mortgage shall be given by mailing stxh notict by cerifkd mail addressed to Borrower aY
<br />the Property Address or at such other address as Harrower may designate by notice to Lender as provided herein, and
<br />(b) any ttotitt to Lender shalt be given by certifnd mail, return receipt reytscsted. to Lender's address stated herein or to
<br />such other address as Larder may designate by native to Borrower as provideil herein. Any notice provided for in this
<br />Mortgagt shall be deemed to have been given to Borrower or txrrder w,~,,,; given in the n.anner designated herein.
<br />13. Uttifartts Meafpgr; Govertsirg Laws SareraWlky. This farm of mortgage combines uniform covenants for national
<br />oat and non-uniform covenants with limited variations by jutted+ction to constitute a uniform sootily instrument covering
<br />real property. This Mortgage shaft bt goverrnd by the law of the jurisdiction in which the Property is located. In the
<br />e+ntxtt that any provision of clause of then Mortgage or the Note conflkts with applecahk law, such con@ict shall not affect
<br />ottrcr provisions of this Mortgage or the Note which can be given effect without the conflicting provision, and to thin
<br />teed the provisiaat of the Mortgage and the Nate arc declared t
<br />IS. Baasoaer's Copy. Borrower than 6t furnished a conf ~ t is Mortgage at the time
<br />of caseation or after rccardation hereof. t_sa; u
<br />17. Ttranletr at t-e Pt+opssfy; If all or any pa thtt~retsywr~aeristitxn in is sold or transferred
<br />by Borrower without Leader's prior wriucn rnnsent. exchtding (a! flit creation of a lien ar encumbrance subordinate to
<br />!his Mortgage, (b; stn creation of a purchase money security interest for household appliances. (c) a transfer by devise,
<br />dexent or h}' operation of taw upon the death of a joins tenant nr
<br />L.etsder may, at Lender s option, declare all the sums secured by this Mortgage to ix
<br />immediately due and payable. Lersder shall have warval sutfi option to accelerate if, prior to the sale or transfer. Lender
<br />and tine perwn to whom cite Progeny is to be saki or transferred teach agreement in writing that the credit of such person
<br />is tutia[actory to Lender and that the interest payable ore the sums secured 6y this Mortgage shall be a2 such rate as Lender
<br />shall rogtsmt. If Lanier has waived the optton to accelerate provided in this paragraph 17, arA if Borrower's successor in
<br />itHerect has ettecuswl a written anttmption agreement accepted in writing by Ixnder. Lender shall release Borrower from all
<br />abiigatiana tstidtr this Mortgage attd the Note.
<br />u Lander exercise sur:h option to accekratt. Ixnder xhatl mail Borrower native of acrroieration ir- accordance with
<br />paragraph t4 hettitof. Such notitt steal! provide a period of net less than ?0 days from the date the notice is'mailtd within
<br />wave ffisx-rowtr may pay the sums declared dtce. If Bortower fails to pay such sorts prior to the expiration of such period,
<br />I.eadtr tasty, witlsttH furtlnr tmtitt or detttattd on Bormwer, rnvoke any remedies permitted by paragraph 1 R herrnf.
<br />hioas-Uwtwoass Cevenstrts. Borrower and Leader further covenant and agra as follows:
<br />li. ~ Rart~tiiaa, 1tluept r ptuariiad ~ paaa(Srgh 17 hereof, apor Borrower's 6rwcb of any covewal oe
<br />rE prrrwrtr a tri Mesipge, iatlrifrg lee eorerttrri is ply w(aea doe ary amts secxrea by tests !4iortgsge,
<br />I.arOat pdar w atcdMratior artsi rsrA notict to lerrower as provided ht ptuttl;raph It beeeof specifying: tI) the btesxb;
<br />~ 1ra a+s9iatt +~i ~ ern ttrtds tearer; f3- a elate, ttwt im slur 30 ittys freer ere daft the notice is mrika to Borrower.
<br />14 ttetlidt ttra6 iaraer tour ba tsrdf ..a i4- ttsN [ai6tee n aloe tree 6reacr os or beforo ere date atpaeifsed Is ebe statlce
<br />tray Hard! ~ accaiaratlrr of ere atsta aectuma by tfsfs Mtarlgags, /asclaarra by lydicirl ptroceeai~t and sale of the tPsoperty.
<br />'ern asWea WttY tsttttrer irfa:tr a.rsoara of ere right to rule attea .ccaftntirt. era ere ~M to asacrt is the foctclaawe
<br />procaaNaig ire tsrp-tarNaecs ai a aefawr or arsy aver defcese ~ llf~Oxer m rtceeMratba ~ fot~fnwre. It the 6reaeh
<br />rti arrt cwai oat ax bdan tee ode gecilka a ere settee, G.epiar a l.rraera optitsr nay dechrc aY of the awns secrred by
<br />tilts b'gaaW~ a k IrrMaif[tMfy art era p~ayaRda ss&ramt ftsrtlsar dawtord ass rosy foreclose by jttdiclaf P+atteaiat. [.erect
<br />tirY 6a taYtlsi so ealfaef M tttteb prorardrrs aM saperres d fereclerrre. ltsciratsg, bet tsar Uasited to. ceNs at dscaatatWry
<br />~ artt~acta era Mtla eaprsN.
<br />lr. lAsaaspr#s ~ a4 Notwithuanding Lertdti r aeerkration of the sums secured by this Mortgage.
<br />Bo+rowts ~t have tAe rfght to bav+s ao} pr~xecdiogs baguet by l.ctukr u, enteral tMs Mortgage discuaunutd at any t+me
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