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<br />Form 808 B g],---[~I)`?~,~#p
<br />Lender's written agreement or applicable law. Borrower shall pay the amount of all trtortgage insurance ptemiutns in the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by [.ender pursuant to this paragraph 7, with interest thereon, shat! become additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other tetras of payment, Beech
<br />arttstrnia shat! be payable urn ntxice from Lender to Borrower requesting payment thereof, seed shall bear interest froth the
<br />date of dis6ttraement at the rate payable from tune to time on outstanding principal under [he Note unless psytt3ert4 0!
<br />interest at such-rate would be contrary to applicable law, in which-event such amounts shah-bear interest ai thrhigttest-ate
<br />ptsrmisaible under applicable law. Nothing contained in [his paragraph 7 shall require Lander to incur any expanse-or take
<br />any action hereunder. party, pros
<br />3, tra~ectlse. Lender may make or cause to be made reasonable-entries upon and inspections of the-Pro
<br />that Lender shall give Borrower restive prior to any such inspection specifying reasonable cause therefor relatt'd4© Lender's
<br />interest in-the Ptxtperty.
<br />9. CotsdernaNhsn. The proceeds of any award or claim for damages, direct or consequential, in connectimt with any
<br />condemnation or other taking of the Property, or patt thereat. or far conveyance in lieu of condemttatiorr, are hereby assigned
<br />and shalt be paid to Lender.
<br />In the evens of a total taking of the Property, the proceeds shall he applied to the sums secured by this Mortgage,
<br />with ehe excess, tf any. paid to Bottnwer. In the event of a partial taking of the Property. unless Borrower and Lender
<br />otherwise agree in writing, there shat! Ix applied to the sums a~ured by this Mortgage such proportion of the proceeds
<br />as ix equal [o that propartian which the amaum of fhe sums secured by this Mortgage immediately prior to-she date of
<br />taking bears [o the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the property is abandoned by Borrower, nr if, after native by Lender to Borrower that the condemnor offer to make
<br />an award ar settle a claim [or damages. Borrower fails to respond to Lender within 30 days after the date such notice. is
<br />mail. Lentler is authorized to collect and apply the proceeds. at Lender's option, either to restoration or repair of ,the
<br />property or m the sums secured by this Mortgage.
<br />Unless Lender and Borrower otherwise agree in writing. any such appticatian of proceeds to principal shall not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs t and 2 hereof or change the amount of
<br />such inatailmenis.
<br />t®. Borrower Not Bdeased. Extension of the time far payment or modification of amortization of the sums secured
<br />by this Mortgage granted b7 tender to any successor in interest of Borrower shall not operate to release. in any manner.
<br />the Iiatsility of the ariginai Borrower and Borrower"s successors m interest. Lender shall net be required to commence
<br />proceedings agaimt such urccessor or refuse ro extend time far pasTttent nr otherwise modify amortization of the sums
<br />secured by this Mortgage M reason of any demand made he the original Borrower and Borrowers successors in intereaf.
<br />tt. Fortrersece try Leuder'•"sot a Waiver. Ant forbearance by I-coder in exe[cising any right ar remedy hereunder, or
<br />otherwise afforded try applicable law, shall oat he a waiver of or preclude [he exercise of any such right or remedy.
<br />The procurement of inuurance or the payment of taxes or other liens or :-harges by Lender chat! not l?e a waiver of [xnder's
<br />right to accelerate the maturit}' of the indebtedness cecurcd by this Mcngage.
<br />l2. Rewe~rs Camal>rNe- .41t remedies Prrn+dcd :n this ~iortgagr are distinct and cumulative to any other right or
<br />remedy under this Mortgage or afforded by law or equ+ty. and ma} he e=.ercised concurrcn:lv, independently or successively.
<br />13. Snesesao-a sad Asaig~ Boeml: dosnt amt Several i.iabipty: Caluions. the s'evenants and agreements herein
<br />contained shall resod, and the rights hereutisler shall inure in, the respective succesx rs and assigns of Lender acid Borro+ver,
<br />wbject to the provisions of paragraph i' hercoi. Ati covenants and agreements ,?f Borrower shall be faint aced severer.
<br />'t'he captiom and headings of the paragraph; of ,his 'diertgage are far .:onvemcnce only and are not to be used tv
<br />interpret or define the provisions hereof.
<br />t4. Notice. Except for any notice required under applicable taw to be given :n another manrrcr. {a] any native to
<br />Barruwer gruvided 3"~ar in this Mortgage chart t'e g+vcn by marling such rwtiee by ~crtiHed mail addressed to Borrower at
<br />the property Address or at such ether address as Borrower may designate t+y rx,tice to Lender as provided herein. and
<br />;b1 any notice to Lender shat{ rte given b} xrtified mail, carom rece+pt requested.:n Lender's address stated herein or to
<br />such other address as Lender ma; designate h} saliva to Bnrn+w°er as provided herein. Any notice provided for in this
<br />Mangage shall he dxmed to fiave lien given to Borrower ar i.rndcr when gn'cn in the manner ;tesignated herein.
<br />t5 C:storm ~ Goventi~ Lytr: Seseratrpht. lTtiv form :+f martgsge combines :+niform covenants for national
<br />use and !ton-uniform covenants with limited vanauons hs~ ;urosdictian to .:enstimte a +miform security instn+rttene covering
<br />real property. 'This Mortgage shalt t>° goverrxd by *. he law „f the iunsdiction rn which the Property is icxated. Tn the
<br />event that env provision ar clause of thrs Martgagc or :he tiote .:antlicn with applicable law, such conflict shah not affect
<br />other provisiatts of this Mcmgage ur the "va[e which can 1>e +ven effect without the conflicting provision, and fo this
<br />trod the provisions of the Mortgage and the `+ote are declared to !~ severable.
<br />Itr, 1latrosset's Copy. Borrower shalt he ferrncshed :::rtnferevtd copy of the !store and of this Mortgage at the time
<br />of execution ar after recordation hereof.
<br />t?. Ttantittr of the RopaAvt Assaarption• If alt ctr any pan of the Pn,perty nr an intuest therein is sold or transferred
<br />by Baeower wuhout Lender`s prier written consent, cxctuding tar fix ~reain?n of a lien or encumbrance subordinate to
<br />th+s Mortgage, fbt the creation of a purchase mane. sc.urity interest for household appliarnes: fc} a tramfer by devise.
<br />descxrrt ar by aperauon of law upart the death at a !a+nt tenant ++r rdt the grant of any leasehold iniereat of three years or less
<br />not containing an opcirxt to purchase. Lendec may, at Lender's .?puan, declare all the Burns secured by this Mortgage to be
<br />+mmtxlratety due aced payable. Lcrtder snarl have :served such :~ptiurr +o accelerate if, prior to the Bak or transfer. Txttder
<br />and the peraatt to wham the Property is to be sold er transferred reach agreement in writing that ilea credit of such pert:cm
<br />is satisftsctat} to Lender acrd ihw: the interest payable on the sums secured by this Mnrigagt shat) 6e at such rate as Larder
<br />shah regrteat. if t.,ertder has waived thr option lea accetuate pravrded .n this paragraph i7, seed if Borrower's strecessoi in
<br />interest has executed a written assuntption agrtxnteni accepted in writing by I_endet. i_ender snail release Borrower from all
<br />obtigatrtxra under this Mortgage seed the Note.
<br />]f t_eoder exercises such option to acxkrate. Lander shall malt Borrower nattce of acceleration in accordance with
<br />pangtaph fi hereof. Such notice shall provide a pcnad of nut less than 3U days Pram the date the notice is mail-within
<br />which Borrower may pay the sums declared due- If Borruuer fails ro pay such soma prier to the expiration of Bach period.
<br />tinder may. without fvrtltet nWrce ar dematad oo Btxrawet, +m~oke soy rerrxdka permrdted by paragraph tR hereof.
<br />blots-Usrtroaxt Covt=_rrexrs. Borrower au.i Lemter further : ovenant and agrce as fatlaws:
<br />ty, peemisralipn; Itternedka. EuYptt as pr4vidcd fa paragraptr 17 Iwreof, upon Boma»cr's hrcach of any coveiaad w
<br />ttgraaweat ad lartuwcr in fhb yiottgagc+ iaciadi» the coscnantc to pay when doe say- same severed by t>sis %-1arl~tge
<br />Ltrradet pskt m accNG'aEian shah reap twelve to Harrower ~ provided is paragraph iJ hereof specifying: ([) the bseactrt
<br />(2j fYe xdest ssrptiead to ewe sactr trseaetrt i31 a date, cwt less thao 3U days from ttre dale tllt notice is mailed to Borrawu,
<br />b siMch attt~ ttiresrir mamt tae erred; rand (4} ttrat testate to ewe sack breach txi or before fns deft aptci6ed io the rsatiee
<br />rsosq ngwp W accdwafioa of the ~n~~s.ttacnresi !ty tkua ~= taectosure by jadkial proceedbig tsml Baia at ttre Properiy-
<br />~ aeUse aiatl ttrtthar iefarm ggrrowsr of ttrc rfgtrt to rcGraials alter acceierWbn atsd the right to ttsacrt is the faiserlowFt
<br />ptnSaafNg lira ~aarcxbttaee at a detasdt or say Deno tkftwie of Borrower to acrafuatina and foreciosarc. if the breaetr
<br />b tad c>•ratd cwt rsr trctors tAae date spud G ttre ewticc, txmdev at Larder's uptiast nary dectrue all of the sww sccatred by
<br />dris :~ tat Ira ~y dim sad paYahk +sithaW farihef damaad quart array foreclose b3' jnAkial proeeedtrrg, Leader
<br />clasp ha entiflrtd to raped le saetr prac>cidlat ail cxptasu at for¢+ttosart, iaciadhtft, bW nW ihAitsd !u, costs of dacnaraatary
<br />ta~Itiaacc. aiatrwear and lisle repots. -
<br />t!. itartawet's Riglrl to RakaYale. 'totwit#tstandtng l..erukr - acceiarataan o€ the -tiros secured by_ this Mortgage,
<br />gMartvwer shall bave the right t,~ stave any txa[ecdtttga ttegutt »v Lender to att`,arce this Sinrtgage diacanitnued at any time
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