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<br />~1®001728
<br />Lender's written agreemtet or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disburud by Lender pursuant to this paragraph 7, with interest thereon, shall become additional
<br />indebtedness of ~rtawer secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amounts shaft be payable upon notice from Lender to Borrower requesting payment thereof, and shall bear infertst from the
<br />date of diaburxtttrnt at the rate payable from time to time an autatanding principal under the Note unless payment of
<br />interest at such rate would be contrary to applicable taw, is which event such amounts shall bear interest at the highest rate
<br />psri_rt~wbk °'°`t== a,^rI ~==!+tt law. Tdath„sg cantaii~ in ibis r.,ragraph 7 shat' require Tends; to incur any expense or take
<br />arty action hereirtsder.
<br />S. [agee9aw. Lender map make or cause to be made rcaronable entries upon and inspections o€ the Property, provided
<br />that Lender shall give Borrower notice prior !o any such inspection specifying seasonable cause therefor relateei to Lender's
<br />interest in the Property.
<br />9. Condeas~n. "fhe proceeds of any award or claim €or damages, direct or cotrsegttenrial, in connection with any
<br />condemnation or other taking of the Property. or part thereof, or for conveyance in lira of condemnation, are hereby assigned
<br />and shall be paid to I.ens~r.
<br />In the event of a total taking of the Property. the proceeds shaft be applied to the sums secured by this Mortgage,
<br />with the excess, if any, paid to Harrower. Tn the event of a partial taking of the Property, unless Borrower and Tender
<br />otherwise agree in writing, there shall tx applied tc the sums secured Tsy this Mortgage such proportion of tht proceeds
<br />ac is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to the date of
<br />taking bears to the fair market vahte of the Property immediately prior to the date of taking, with the balansx of the pnoc~ds
<br />paid to Borrower.
<br />If the Property is abandoned by Borcawer, or if. after native by Lender to Bortower that the condemner offers to make
<br />an award ar settle a claim for damages. Harrower fails to rtspand to Lender within 30 days after fire date such notice is
<br />mailed, Lender is authorized to collect and apply the proceeds. at Lender's option, either to restoration or repair of the
<br />Proptrty er to the sums secured by this Mortgage.
<br />Unless Lender and Borrower otherwise agree in writing, env such application of proceeds to principaS shall not extrnd
<br />or postpone the due dale of the monthly installments referred to in paragraphs 1 and 2 hereof ar change the amount of
<br />such installments.
<br />19, Borrower Not Rekaxd. Extension of the 6me for payment ar modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to any successor in interest of $orrower shall not operate to release. in any manner.
<br />the liability of the original Borrower and Borrower's successors in interest. Lender shat} nor be required to commence
<br />proceedings against such successor ar refuse to extend time far payment or otherwise modify amortization of iht suite
<br />secured by this Mortgage by reason of any demand made by the original Borrower and Borrowers successors in interest.
<br />tJ. For$evsece by i,etsder Not a Waiter. .Any fartxarance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not be a waiver of ar preclude the exercise of any sveh right ar remedy.
<br />lie procurtmrnt of insurance or tfsc paymenC of taxes ar other liens ar charges by Lender shat] not be a waiver of Lender s
<br />right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />12. Rrtanedlea Caaaalsfhe. .411 remedies provided in this Mortgage are distinct and cumulative to any other right or
<br />,t--dv • ride: this Mortgage r ^ir.^_dtd .;v taw ;;, ry^uiiy..,,~ -- - -: -- ~ -c-- -- irdepcndzatiy or sc,c.-esi ply.
<br />•~I3. I Sarcasors sad Aasigas Bound: Joint sled Several LiaMBh•; Captioos. 'The :covenants and agreemtnu herein
<br />contained shall bind, and the rights hereunder shall mare o~. the ;esF-z~'i:4e su~cc+,x~n and assigns of Lrnder and Barrt,wer.
<br />subject to the provisions of paragraph 1? hereof. All covenants and agreements of Borrower shall be ;Dint and several.
<br />lilt captions and headings of the paragraphs of this Mortgage are for :.anvrnrRCe Doty and are ;rat to Tee used to
<br />interpret or define the provisions htrrnf.
<br />I4. Nefke. Except far any notice recuired under applicalx?r law tc, be ga,rn :n another manner. Ca'> any notice to
<br />Bartawer prcrvidtd for iR this Mortgage shah he given by ma:ling such Hance by certihtd mat`3 addressed to $ortawer at
<br />the Property Address or at such other address as Borrower ma} des,g;,air by notice to Lender as provided herein. and
<br />{b) am Holier to Lender she![ be groen by certified mail +ctr:rn tz.^eipt regtte5ted. to Lender's address stated herein or to
<br />such other address as Lcmier may designate by Hence to Borrower as pre,stded herein. Any notice provided for in this
<br />Mortgage shall 6e deemed to have been gives fa Barrcnver or i.rnder when given in the manner designated herein.
<br />15. UaHorv Moe~tge: Goverrdat Tarr: SererabWtq. Tits term of mortgage combines uniform covenants (or Rational
<br />use and Han-uniform covtnants wKh limited .ariations !+v }:nisd;ctian to xtistitute a uni€orm security instrument covering
<br />real property. 7iris Mortgage shall he governed by the few :,t rhr iurisdichon in which the Property is located. In the
<br />tvtnr that any provision ar douse of this Mongagz .,r liar \a'r°_ _on!?icta with applicabk law, such conflict shall oat affect
<br />athtr provrsroiss of th;s Mortgage .,r the 4.,ic w-hsr%t ,anrr ¢~ven efTect without the cantiicting prevision, and to this
<br />end the provisions of the Mortgage and the 'emote ar:: clcrtared n~ I+e ,cves~abie.
<br />i_f, Hwrowxt's CaePr. t?xsrrxawcr chair t,c *:irneci:nt a :::^ni:,rxrxri :-nrv r,r sfv_ V,zxa ~.,.! ~f rh_;z Lir,noa~e ar flat tiros
<br />of execution ar after recordation hestaf. • •
<br />t7. Traaefet of the Ptxepeety; Aswmpfioa. !f ati or any pan •,t the Fmperty or an mtercst therein is sold or transferred
<br />by Borrawzr without Ixtrdtrs prior written :anszRt. excluding *ai the crzation of a Lien ctt encumbrance subortiinatt to
<br />this Marigagr, (b) the creation of a purchase manly accents ;ntrrest for household appliances, tci a transfer by devise,
<br />descent or by` aptration of law• upon the draih of a ta.ni tenant or s,S ~ the grant of any leasettoldsnterest of ihrer yeah or Less
<br />not containing an option to purehase, Linder may, at Lender's ;~puott. declare all the sums secured }+y this Mortgage to be
<br />imtnediattly dtte attd payable. l.endtr <hali have waived such apttcm to accelerate if. prior to the sale or transfer. Lewder
<br />and flit person to whom the Property is to be sold ar tr::nsferrrd reach agrrxment to writing that the credit of such person
<br />is satisfactory to Lender acrd that the inierext payable on the sums. Etcut~td I,y this Mortgage short he at such rats as Lender
<br />shad rtgtxat. If Tender has waived the option to aeceterace provtded in this paragraph 17, and if Iorrower's successor in
<br />ititercat has exauted a written at>sumptiat agreement accepted in writing !,v Lender. Lender shat? reteast Harrower from all
<br />obligations wader this Mortgage sod the Note.
<br />Tf Linder exorcists =_ :Tt option * a::ct!-sste. i,e:t.+~r •h_1! :t:s:! Bc:rautr ra:i.^c of accexrafi^r, in accordance with
<br />paragraph 14 hereof. Such notice shalt provide a penal of oat less than .0 days from the dart the notice is mailed within
<br />which Borrower may pay the sums dceiared due. 3f Bartowcr faits :a pay such .ems prior to the expiration o1'' such period,
<br />Lender may, without further notice ar demand en Harrower, invc:kt any remedies permitted by paragraph !g hereof.
<br />AJOtt•Urtrwarit Caveraavrs. $orrawer and Lrnder turther eoceRant and agree as follows:
<br />li, AtniarMdottt Reseaies. Factpf m for ie raplx i7 hereof, stpass dorrower'a breach of soy roreaasf or
<br />of lierrowts is tblr Moshe, iociadiaa rise eoresamis to pay wisest die any saes sccorad by tb® Motf~e,
<br />f.eatiml~ to mecdsaafioo slsaB t t~fit: tar 4orrower as prseredtd is Pxsgr~9 Td barest r4aestfq~: (iT tie br¢ari:
<br />{a}fire aeBoa reSiaiaa to ewe sacs breath; f3i a thte, aot kas than 38 daps frets flee Rate the notice ~ mailed to liiorrawer,
<br />bar vrYitle ~1 bisaci mast is cared sad {4! tRaS [st]are to rare see6 txt~b rm ar bedarx the aam sp¢cif;sa la tie notice
<br />asag rasait M aeeEitxafitta W the saattr secartd by rids Mor#atK, foreelosare by $-~k~ P~~B! sad oak M fie Ptxsperty.
<br />'flea aaYtte aiaY tattier i~'ornt Barror.sY of Het riElet to tei~t aHer acrderatioa sort ftrt riEbt to aaaM is the fenciaare
<br />paoeN~ Has twaesileare of a deftraN or sop osier drfettae of Borrower to accekrtpioa anti fonsetowte._ ff t>K braseb
<br />~ treat ettssd oat m idatst tie axle spectlFed In tie aofke. [.cpdsr at Leader's oplba may declass su~of tie si-ri scented Ay
<br />~sTtlolf ~ be laltetsly lac sled payable witioat fnrtier deeeaad ono tray fwsxlneee by jotliriai proreeditt. I.taaer
<br />tirtlll M t:a~ai to caYeal M welt pracevditq aY eapatuas of forecbsore, inrladitnR, Twf twt tiiraied to, corm of docaseofary
<br />oriinsa alYgratu rid title repaetw
<br />i9, ~a RT~a to 14cieltsspa. istotwithstanding ixnxkr`s acccleratioR of thz sums se~urtd try this Mortgage.
<br />Bormvrar stroll liars the right ie have any pracetdrttgs bosun by Lender to enforce this Marxgagt ctucantimred at any rinse
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