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r <br />Sl~a2si6 <br />Lender's written agrtserrrent or applicable law. Borrower shill pay the amount of a19 mortgage insurance premiums in the <br />manner provided untkr paragraph 2 hereof. <br />Any amaunes dnbtrrsttd by lxnder pursuant to this paragraph 7, with interest thereon, shall become additional <br />indebt~naa of Borrower satrrtd by this Mortgage. Unless Borrower and Lrnrkr agree t~ other terms of payment, such <br />amoums shalt be payable upon naive from Lender to Borrower requesting payment thereof, sold-shall bear interim lean the <br />dtMa of d6btttaetnettt at the me payable from time eo tune on artstanding principal under the Note unless payment of <br />interest at such me woaW be contrary to applkabk law. in which event such amounri shell bear itttsrest at the highest rile <br />pramiatrlNc ursder applicable flew. Natharg contained in this paragraph 7 shag t~equire T.endet 4o itttwr arty expetna of take <br />arty stetion hettunder. <br />#. fe4ea8na, [.ender rosy mate or cause to be made re+saubk rntrid upon and irr;pectiom of the Propee4y. provided <br />that Lender shall give Borrower notice prior to any such inspection spaifying reasomtbk carne therefor relatoil<to LenAer's <br />interest in the Property. <br />9. Certeteariar. The proceeds of any award or claim for damages, direct or comegttential; in txnnecHon svitii'any <br />.condemnation or other takitrg of the Progeny. or part thereof, or for conveyance in lieu of condemnation, are hereby asdgtted <br />and sMlf be paid to Lender. <br />In the event of a total taking of the Property. the proceeds shall be applied to the sums sacred by this Mortgage, <br />with-the excess, iCany, paid to Borrower. In the event of a partial taking of [he Property, untep Borrower acrd Lender <br />aherwise agree in writing, there shall be applied to the stuns sacred 6y this Mortgage such propixtlan of the pttseeeds <br />as rb equal to that proportion which the amount of the sums secured by this Mortgage imrnediarelq prior to the date of <br />eating bees to the fair market voice of the Property immediately prier to the date of taking, with the balance of rho prooeeda <br />paid to Borrower. <br />If the Property is abandoned by Harrower. or if, after noti« by Lender to Borrower that the cotrdttmnor oRas to mate <br />an award ar sttttle a claim far damages. Borrawcr fain to respond to Lender within 30 days after the date atsch notice is <br />mailed, Lender is atehorixed to collar and apply the proceeds. at Lender's option, either to restoration or repair of the <br />Ptopttrry• or to the sums secured t»+ this Mortgage <br />Unless Lender and Borrower aherwise egret ~n writing, any such application of proceeds to principal shall na eximd <br />or postpone the due dart of the momhfv imtallments referred to in paragraphs t and 2 hereof or change the amount of <br />such instailmetm. <br />10. Berrasrrr :Yet 13etreasrsl. Extenswn of the uttx for payment oe modification of amortization of the sums sacred <br />by this Mortgage granted by Lender to any successor in interest of Borrower shall not operate to relesu, in any manner. <br />the liability of the original Borrower ae[~~~ercowu's successors ire, interest. Lender shall not ix required to corrrtnetrw <br />praceediags agsimt such successor or se to%j_ `ryrgent or otherwise modify antonization of the surru <br />secured by this Mortgage by tcasontof by al Borrowee and florrower's successors in interest. <br />tl. Boelrararce il' IseOer N!h pF~nder in exercising any right or remedy hereunder, or <br />othtxwiu aBardrd by applicable taw. shall eta be a waivtt of or preclude the exerciu of any such right or remedy. <br />The mocurmxnt of iraurance or the payment of taxes or ether liens ar charges by Lender shah na be a waiver of Lettder'a <br />right to accelerate the maturity of *he indebtedness secured by this Mortgage. <br />li Retrriisa Crrrrdatlre. AU remedies pravtdtd in this Mortgage are distinct and cumulative to any other right or <br />remedy untltt this Mortgage or afforded by law or equity. and may tx exercised concurrently. independently or successively. <br />13. 9uctersra arri A»dtra Erred: lekat sad 5trerrl f.iability: Captlens. Tl+e covenants and agramrnn herein <br />~tuaitred shall hind. and the rights hereunder shat) inure to. [he respative suscesors and assigns of Lender and Borrower, <br />subject to the geavisiom of paragraph t1 beret. All covenants and agreements of Borrower shall be jaim attd several. <br />Ttu csptiom and headings of the paragraphs of [his Mortgage art for canvrnittue only end sec oat to be cud to <br />iMerprU or define the prorisiuets hereof. <br />Id. Nrtiee. Bx«Pt for any rrsnice required under applicable law to be given in aoather matuter, (a) any notice to <br />Borrower provided fa in this Mortgage shall he given by mailing such notice by ccnified mail addressed to Borrower at <br />the Ptogerty Addrsas or at st~h char address as Borrower may designate by notice to Lender as provided herehr, and <br />(b) any mice ro Lender shag bt given by cenifled mat). return cereipt requested. to Lender's address stated herein or to <br />such ottrrr arldresr as Lender may designate by nuti« [a Borrawtr as provided herein. .Any nai« provided for in this <br />Mortgage shall he deemed to have been green to Harrower ar Larder when givrn in the manner designated herein. <br />IS. UrMraa Maalgage; Grrerrirg La++t 5evsraitllt>. This farm of mortgage combines uniform covenants for national <br />use sail non-uniform covenants with limited variatiam by jurisdiction to rot+sti[ute a uniform security instrument covering <br />real property. This Mortgage shaii be governed t+y the taw of the jurisdiction in which the Progeny is located. in the <br />event that any provision ar clat+se of this Mortgage .+r the Note conflicts with applicable )aw, such conflict shall na affect <br />other provisiarrs of this Mortgage or the No[t which can be given eBect without the conflicting provision, and to this <br />etrd the provisions of the Mortgage and the tine are datared to be severable. <br />16. Bernatves's Copy. llorravu shalt be furnished a conformed copy of the Nae and of this Mortgage at the tittre <br />of eaaution a after recordation hecrnf. <br />1T. 'f'rarsfer of tic PropaAy; Aasttrsptiae. It ail or any par[ of the Property or an interest thuein is sold or transferred <br />by Borrower without Lender`s prwr written consent, excluding Jai the creation of a lien or rncumbrance subordinate to <br />this Mortgrga, Ib) the cteatiotr of a punhase money security interest far household appliances, (c) a transfer by deviu, <br />det9ent of by operation of law [[port the +.kath of a joint tenant or <br />Lender may, at Lender's op[ian, declare all the sums sacred by this Mortgage to Ix <br />immediatal+~ Lire and payable, Lettdat shaA have waived such option to accelerate if, prior to the sale ar transfer, Lender <br />and-tie person to whom the Property is to be sold ar transferred teach agreement in writing drat the credit of such person <br />is stuisfttetery to L.entkr and that the interest payable on the sums sacred by this Mortgage shall 6e at such rate as Lender <br />stall rsgtxst. if I_ettdtr Itas wrtivod the option to accelerate provided in this paragraph 17, atsd if Borrawu's auccesaor in <br />iatrsest hY executed s written _sttstrtnption agreement a«pted in writing by Leader. Lender shall rtdease Borrower from aU <br />oTtrlgaiiana"under tics Mortgage arsd tie Nate. <br />ff teadsr axercixs such option to aaekrate, tender shall mail Borrower nai« of settler:tiara in eccardance with <br />paragraph t4 ftaseof. Such mica stall provide a period of not less than 30 days from the daft the aaice is mai1~ within <br />wfdds Borrower may pay tie xruau drrctarcd due. If eorrawer fails to pay such sutra P« as the expiration of such period. <br />[»erdrt may. witiottt ferttrer rwticc ar demand an Borrower, invoke any remedies permitted by pamgrsph t g hareaf. <br />Ntsat-tlxtsatst Cw+aNaKTa. florrawer atM I..entker further rnvtnant sad agree as follows: <br />iii, A+txeMrlfttr; Y~setpt m preti4ti it paragraph t 7 &arra'[, tepee Brrrwwer's ireaei of ors covsratN or <br />at irsm+rrr b ells , irelrilat tie rovtesarri to pay wia irs ary secret saetrssd by tisis Mssr~age. <br />LaBirtr ptdrr" N a4xdwsYias ^iei trrwl relive N Borrower ~ providati it pasa~stpi 14 tteate[ spaeityiwgt (1) tie iraeeil <br />{23 Noe aseiaai ra;uitM ee crss trsreA isrrclit f3) a titga, wt ins ef~ 30 ~ fern tie data tka troHce ri aaaiieti to Borerwar, <br />tigr tttiklt serdt 6ssrckttytr[ ie ctraei; art NI fiat relics is teat etch fstgci or a before the data tgsreiRed in tie arNicr <br />+rtllr ssiaadtlr~ e! Nr scare aetuei by Nis MerlgisRt, fwreiarw,e by jrtielal ptrcerdiati ad pivot. tie Prapnty, <br />'lilts; tttiiMiix abet tturilstr Mirnns lrssrrnr of tie rtBL tr rrirMeta aflK asxdrratirr-sad tie r~it. to atwn- iR tie tosrclaitwtte <br />pry tie ~ of a tlatsrM a y4' oiler dr[rep_o[ Berrerar ~ aax~ieraNaat art fereeirrrta. If tie bench <br />Ile' tsit a'asre~ est ar iateRa tie isaa spratW L tie rartlee. t,eriar N lstrtln'; opliaw essay d+clrt4-aY a[ tie sans sawed by <br />+dtMs M is laarie[Baisiy-fire aer pryaiM wGMtt[ trAias rwrppaai.rrtri wRl' #ttsaclose iy jMicla4 aaoxttelittg. 1 <br />s>iNli#s:aaigYtlll as etllast 3r sMdr ale aaprarn st fwr+detawrrM latltadltt;, hw awl lirdad to, carts ref <br />~ aitfptlata sr/ tiBa rtrpttda. <br />~ llfslrt_ a lRrNtsapa. Ntuwidruand[ng Irades'a accekrataan of the sums- secured b)` this Mwigage, <br />BettYlrrtrr shrill fatve tlFe ijgit io Inve any prorrredityls bagtut by Lettdar to enlace this Martgagc d~.~antinttcd ar any time <br />