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
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