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Forth 808 B $1'~ ~~ ~~ ~ 4 ~ L~der's written agnetoent or applicable law. Borrower shall pay the amount of all mortgage insuratttx Premiums in tlro manner provtded under puagraph 2 ' tsuant to this paragraph 7. with interest thereon, shall become additional Arty amouma disbtrrud by lender Pu Unfelt Borrower and [.ender agree to other farms of payment, srtcit iadebtedrre:a of Borrower sectued by this Mortgage. amounm shill-Ire pagaMe uposr ttotke fresh Lender to Borrower requesting payrtknt thereof, and shall bear interest from dare of dlsbnroarrent at the ram payable from time to time on outusnding Principal -under Cho Note unless paytnettt of iiatrxeat at atrch rate would tw contrary' ro applicable law, in which event such atrtonnts shall bear interest at the highest rate perreisdble feeder applicable yaw. Nothirrg ctuttaitted in this paragraph 7 shalt ttegtrirc;_ettder to incur airy expense-or-take any action hereuttda. g, Lender may make or cause to be made reasonalate entries upon and inspections of the Property. PTOV'~ that Lender s~aaB-give Borrower [[once prior to any such insptxtion specifying teaaonable cause therefor elated to Lender's interest in-the ProPertY. direst or consequential, in,connectlon with -any 4. Co>,dewaMrn. The proceeds of any award or claim for dartragea. rnrrdemnation or othu taking of the Property, or part thereof, or for conveyanx in 1"feu of condemnation, are hercbY aligned and shall be paid to Lender. the proceeds shall be applied to the sums secured by this Mortgage. In the event of a total taking of the Property. with the excess. if any. paid to Bortower. In the event of a partial taking of the Property. unless Boorrowfrthc proceeds otherwise agree in writing, them shall 6e applied to the sums secured by this Mortgage;mm ataroport pot to the date of as is equal to that proportion which the amount of the sums secured by this Mortgage • taksng bears to the fair market value of the Property immediately prior to taro date of taking, with the batatece of the proceeds paid to Borrower. If the Property is abandoned by Borrower. or if. after notice by Lender to Borrower that the condemnor offers to e an award m settle a claim fnr damages. Bortow'r f~s 'o~~dp4 na Cordell option, either toafrzatorationaorstepair oflte mailed, [seeder is authotizcd to rnlkct and aPP Y P Property nr to the sums xcurai by this tvlortgage. Unieas Lender seed Borrower otherwise agree in writing, any such application of proceeds to principal shall net eaten or postpone the ills dale of the monthly installments referred to in paragraphs) and 2 hereof or change the amount of such installments. 10. 1Mrrrovrtt !riot Ileleased• F.xtemwn of the ume fnr payment or modification of amortization of the sums ucuted by [hts Mortgage granted by Letrder to any su,_cessnr m interest of Borrower shall not operate to release, io any manner. the liability of the apginal Borrower and Borrower's su~.:rssors +n interest. i_ender shall no[ rte rcquirtd to commence proceedings against such staccessar nr refux to extend time fnr payment or otherwise modify amortization of the sums soured by This Mortgage bli~r Not a Wdrtrm Anylfortxarance hytl endeBQnexercismg Btorcow~tet or romedy hereunder, otr I1. Farbtarace IrY otherwise aRortied by applicable law. shall not ix a waiver of or preclude the exercise of any such right or remedy. The procurement of imurance nr the payment of faxes ar other liens or charges by ixnder shall not Foe a waiver of Lender's right to accelerate the maturity of the indehtednrss serurcd by this Mongage. t2 Raswcdks Ctraetalrtlve. A!1 remedies provided in this tlortgage are distinct and cumulative to any other right or remtd}' under this Mortgage nr aflnrded by law or egmty, and may Itr rzetra sul .oncTherntwenantseandnalgreements hterc ++ 13. Staaeesatas std Asaigrs Sora~ ltriet aatd gecertl laab0hyt Pt~n"- c:onuincd shall hind, and the pghts hereunder shall inure tn, the tespertive successors and assigns of i.ender and Borrower, subyM to tFx provisions of puagraph 37r~h~f>f thlis~Mortgageaare fort enveni nc~o ly~andaate~nott [oats t~sr~rto The captions sent headings s•f the par g P interpret nr define t~ provisictas hereof. - 1{. NoNee. Etc~ept for any rwtice rcyuired under applicable lave to fx given m another manner, ta) any nonce to Borrower provided for in this Mortgage shall he given by matting such nonce by certified mail addressed to Borrower a[ fhe Property Address nr at such other address as Borrower may des+gnatt by notice to i_ender as provided herein. and sbuch ahem address a ~ mkrl ma&rdesigna[e hv,~wime+ltor Bnrowcr +as prov dad heroin.naAny ~cr provided for[nin th s Mortgage shaft Foe deemed to have been given to Bnrmwor or t.cnder when given in the manner deai$nated heroin. 15. Ua7aar Mottgagei GarerrlK i~'ri 5<verabiNly. TTs+` form <tf mortgage combines uniform covenants for national use and two-uniform covenants with limited variations by jtrrisdtatnn to constitute a uniform snarly t^srtocatt~coln the ft3y prsaptny_ 'This Mortgage shalt 6r goverrred by the law of the turisdictian in which the Property event that any provision cx ciaus~e of thn Mongage Err the :"late conw'licty with applicable law, such conflict shall not afleM other provisions of this Mort$agt or the Note which can 4+e 3n`en elftct without the conflseting provision. and to this ensl file provisittm of rho Mortgage and zhe '~ xe are dtctared to tx severable. li. g~w~s Cotay. Borrower shalt he furnished a conformed copy of the Hots and of this Mortgage at the time of execution or after recordation hereof. 1' M ~ i ; If alt nr env pan c+f the Pntpcny or an tMerest therein is sold or transferred hY Borrower without l.xnder's prior written consent. exriuding tat the crea[ron of a Lien nr encumbrarrce subordinate to this Mongage, tb) the eteaiion of a purchax mnntY stratify interest fnr houxhold appliances. (c) a tnns(er by devise, dess;ern or by operation of taw apart tine death o! a iotnt tenant or tilt the grant of any {eaxhold interest of Three }'ears or less twt containing an option to purchax, Lender ma}', at Lender's ,-+puon, dex:iare aA the sums secured by this Mortgage to Foe tnter[ediatety due and payable. Lender shall have waived such opt+on to auelerate if, prior to [Fee sale ar transfer, Lender and fix persas to Whom the Property k [o be soil or transierrtd reach agreement m venting that the credit of such person is sstisfactary to Lender affil that the interest payable ore the sums secured by this Maztgage shalt be at such rate as !.ender shalt request, if l.erader has waivext the option to accelerate provided in this paragraph IT. and if Barraweri successor in interest has cxccuteti a written assumpunn agreement accrop[ed in writing by Lender. Lrnder shall release Barrowor from sly obligations utxler this Mortgage and the Note. It l..errder exercises stash a-p!ton to accelerate, Lrndtr +hall mail Bon.;xer novice of acceleration in accardattce wet paragraph 14 hereof. 3ttch ttatitx shelf provide a period of tin[ less than 30 days from the date the notice is mailed within wMCtt Barrower may PiY tits sums declared due. if Borrower talk ro pay such sums prior to the expiration of lath period, Lettdet tnay_ without (trriltm twsice or demand nn fiorrnwer, +nvoke any remedies ytermrtted by paragraph t8 hereof. Nas•UattratM Ctavrt+sx7s. Bortuwer and 1_ea~r fur[her covenant and agree as follows: ti Aceaipatlaa5 Raaedies. ~Siacgs r provided tr puagraph IT hornet, uyOr Borrowers bread of try caveatM or '/-ef ^atrwwu Y tYla Nerl~tge, iwcladtag Ilea arovcawatr to pay wbta due uy srsaa secan!d by ti4 MortP6+ Itaaia 1~ N actdra~ra ~sll1 tttrY works to Brrrewsr rs provided it puagraph l0 haseot sPaclil'irgt ll) tie Maeaei7 t>l;r Asastlis~ nr$rlul b cam sleet trrpcYi i3l r ilea. wwt teas titre 30 days from flee date tie wartke h awaikd to errtwsrer, ii wYa- sYr1t 1Mwari sttM lea ctrredt wwd tN tYM tsdlwte m tarts evert brcpctt ow u betwre else dwle `pse[Bei i• tie entire s~ rerrM is wcsaw M tie slaver sectsretl by Nils Nulgal+• fetcrbwre 63 1~~ p'~'~ sale of ties PropeAy tie arwmae siaM /grriat Iwtwstw batswa d dos tilgtd to rtlastlMa dlat recalaratlow awd the right b assert a tMr ferr:Mtawa tw accelerwtirw awd fo>eclr>etas's, N tie bretrs:h paweraiig the tararaiNttwss wE ^ 8daaoN ar rwy what defetsse of Bwrtwsrsa loves declare rY a[ fM swat steeled fry k M cwrssd vest u Udwtr t6ias Lm apsri6d iw tie arlke. tewdsr ar t,cwrt+rt': eptba y tMtia 111~sM~slr a Ye iarnsegrWl' stove and psU' ~ ps ~f ;euclowro. lws9. tiinYedta~eadsPracwarassrary a1raM Mrs etdMlad a refloat M sari -roee+dlwE nideart. rrMttasarrta ate Nlfe Nsattvithstandiagt I.~eratter's acccieratimt of tFtc Burns sei:ts(td lay this Mortgage. 1~' ; ~ M ~ ten b Lrndcf t47 enisuce this MortgagE disrontinttsd a[ any tutee Brirro+raer shrfi hwvs fir right to rove any prsx:etditags hag Y