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$1- Uti34{li~ <br />Leader's written agtretnent or applicable law. Borrower shalt pay the amotmt of all mortgage insurance premiums in the <br />teamrer provided under paragraph 2 hereof. <br />Amy amattnu disbtprsed by Lender pursuant to fhb paragraph 7, with interest thereon, shalt become addkianal <br />indebtedness of Borrower secured by this Mortgage. Unlats Borrower and Lender agree to other terms of paptvem; sttih <br />amounts shag be payable upon notice from Lender to litsrrosver regixsting payrttent thereof, and shalt bear intete~'ftom-the <br />dam-of dlstrursartettt at the rate payable front time to time tm outstanding principat under the- Note unless piperyat of <br />itttsse~t at such rate weaW be contrar±r to applicable taw, in which everu such amtatvus shag bear iatercst at ehc hl~'ta/e <br />P~ under applicable taw. Nothing contained in thle paragraph 7 shag require Lender to itict>f arty expense tar tal<t <br />any asticsn fierrutt~.s. <br />><. 1`aspactlare. Lendermay make or attse to br trtade reasonable entries upon and ittspectiors of tlfe Ist~erty, provided <br />that f:euder shah give Bortoaer notice prior to any sucfi inspection spexi[ying reaaontbk cause tftsrefar relafled'to t:.aiam's <br />__ __ <br />inrEfe4[ in the Property. - - <br />9: ~ The proceeds of any award or claim far damages, direct or carrdegventiat. in centsec tit-arty <br />cattdartnafiotr arts[Iter taking of the Property. er part thereof, or for convegance in lieu of coodemnati+ort. are he/refiy <br />arn1 shall be paid 20 LtndK, <br />En it~tve»t of a total taking of the Property, the procada chap be applied to the soma settired by this Mortgage, <br />with the excam. if any, Pad to Borrewer. in the event of a partial taking of the Property. ttalds Borrower and'I.endee <br />otherwise egret in writing, there shat) fx applied to the sutras seettred by this Mestgage sttcfi proportion of -the- proceeds _ <br />at is equal to-that pr~tatiori which the amoum of the Bottle secured by firs Mortgage immediately-prior to the date of <br />taking bears to the #air market vatirc of the Property immediately-prier to the date of taking, with the batantx of dte ptaeeeds <br />paid to Bormwer: <br />it the Pmpterty is alsatmorted by Borrower. nr if, after notice by [.ender to Borrower that-the coattannor offeo to mate <br />an award or settle a claim for darrtagts, Bormwer faits. to respond to lender within 30 days after ttte date streh notice-ia <br />mailed. leader is attthntisstd to entreat and- anntrr the em+emic at Lender's entirar either to restotytien ar-rtstssir of the <br />Property or to the Burns secured he this Moagsge. <br />Unless Letxier and Berrosvrr otherwise agree in w°riting, any such appticatian of proceeds to principal shall ram extend- <br />er postpone the dtx date of the tttonthfv instatlmrnts referred to in paragraphs t and ?. hereof or change eta amount of <br />such instatltstents. <br />1!. Boretrwer Not Released. Fxtrnsitur of the time for payment er modification of amortization of the sums scented <br />by this Mortgage granted by Leader to aay successor in interest of Borrower shat! rani operate to release, ir, any manner, <br />tits lialsility of the original Borrower and Bor..*otver`s successors in interest Lender shall not F+e required to commence - <br />peoceedings against such successor nr refuse to extend tittle for payYrtmt nr ntherw+se modify artturcaation of the attrm <br />secured by this Mortgage by reawn of any drmand made by the nri¢inal Borrnw~r and Aorcitwer's successors in interest. <br />11, ForYanpue by Leader fVot a Wives. Roy forbearance by Lender in exercrsing any right or remedy fxretrader, or <br />otherwise afforded by applicable law, shat) net ire a waiver rat nr preclude the exercise of any such right or remedy. <br />The procuretntnt of itatuancr nr the payment of fazes nr ether tuns et charges by Lender shall not he a waiver of Lender's <br />right to accelerate ttte maturity rrf the indebtedne<s <ecured by rhos 4{nngagr. <br />LL Remeiias CtswrlaNre..4it remedies provided in ibis t+,fortgagc err dnnnct and :r:mtttative to any other right or <br />remacty urger this Mortgage nr afforded by iavv t,r rquus. and mss F+r rxrressril cancurrrntiy. independemh er successively. <br />13. 3aceemeea astd Aarytn Boaad::~iat sad Besets! I.labikp: CaDdosts. the ~,.s-enants and aareemrnts herein <br />can[aitxd sbait hind. and the rigfits }eerrttudcr,shall inure to. the rrsprcttve nrccrnsc~n and assigns of Lender am! Borrower, <br />subject to the provisions of paragrapfi i7 herenr AI{ cmcnxnts arts! agrrrrtents c+f Bssrrrwer shalt t+e joint aced several. <br />71fe cap[ions anti headings cif 't'- paragraphs s3f this Mortgage are for ~:~mentrrn_r ,:nit and err not to F+e used to <br />interpret nr define the provisions trueef. <br />1{. Nt/ice. t?~ccept for any rtotirx required xtnder appticahte taw to hr green :n another manner, (a} any notice to <br />Bonowct provided for rn this Mnrcgagt shall hr given by mailing suit; :ewer by strutted mail addressed to Borrower at <br />dre l'raperty Addrrnss ur at such extee: addre.s as Bnric+wrr maE drs.gnatr by nr+tice tr+ Lcredrr as provided herein. and <br />fbl any notice to !...ender shaft !,c green by sett+fxd ma:F, rrturn recap: rrquesreat. tc, t ender's address stated herein or io <br />such other addntu as [ender may designate #+y noticr to Bctrmwrr as prtx,ded hewn any eerier prtwided for in this <br />Monga~ shall tx deemed to havr bean given to f3ctrtvwcr nr I coder ~~ftrn g±ven ir. thr manner drsignated herein <br />13. UaBww'tlrettt~e: Gevecritsg l.aw: Seves78iiltq. Th;s trxm +>t mnngage crrmbinn t:niform cnvrnants for national <br />use and flora-uniform r<tvenams witfi limitr_i vartattons by !uresri,.ttrxt tr, rcnststutc a ttntfernt sreurity tmirument covering <br />real property. l7+is Mercgaite shat! tar governed ?-v ±tu 4aw <:.r the ~urrsdretinn rrr whrzh the Property is located. In the <br />cvettt brat any proviseon or clatter of !iris Mnngagt r +hr '~orr ~n#ticts wnh a is,,ab is - h conflict shalt not afftct <br />ether provisions of this Mortgage .±r +he .Vote vvhic t pan hr v~~yjjg~j ict g prrnision. and to this <br />end ffie provisions of the Mortgage alter the `irxe are dretartd i.ycvga <br />li. ^rsseawtie'a Ctsp}~. Bornasvrr ,teal! tee furnished a eanfogsrcd copy of taas~frlhis Mortgage at the time <br />of txa:utioa nr after rrcerdatism ttetstef -. ,- - _ <br />L7. Ttatrsfar of tit Ttsgerty; Aaw~tioa. Ff all nr env part of the Pmpcrty err an tntrrrst therein is soled or transferred <br />by Bormwer without tender's pr+nr wtittrn consent. exrluditrg :al the creation vi a Lien or encumbrance auitardinate to <br />this 1tAtrrt;age. fbt the creation of a purchase ma+mv security ~ntrrest for itouscttnid appfiaeecrs ici a transfer try devise, <br />eieatxni or by operatsan of law upon ttte death of : i<>snt tenant nr <br />Lrnttrr may. ar Lc±xlcrs nptwn, declare sit thr sums secured by this Mortgage to fx <br />+tnmediately doe and payable. Leorkr shelf havr w-awed .uch option to accetrrate rf, print rn tF~ Bak or transfrr. Lender <br />atad the person to whom [het Property is to bt sold nr transferred reach agrretnent rc w•rtnng that the credit of stit:h parson <br />is satlefactstiy to Letsder and that ttrr intcr~st payable an thr sr:ms secured hs~ !iris !Liertgage sfealt t>e az such rate as Leader <br />shall rtqum4 tf !.antler teas waived the upetnn to acceterats provrdcd ,n this paragraph t7, attd i{ Bortawer's successor in <br />interest has exeetitod a written assumption agreement a;:crpted in writing by [.rndrr, !.ender shat! rdrase t3nrrowrr fnnrt alI <br />utsdtr this Mortgage acrd the'+etc, <br />If t:ett~r ezcrges such option to acctierare. Lendrr .hall ma,i Borrower not!-e at accrleratinn in arcordarice -with <br />ph Id hereof. Such notice shalt pruvxie a perusi of not less ttran ?t> days trom tht date the nc!tice is graded within <br />whicFi BiJtrot-+ar ~Y PaY the Buttes declared dttt. ti Borrowrr falls 'o pay such ::ems prior r.r tiro expiration of such period, <br />-' -Lender Aaay, without further noti;:r or dtmand „r, Berrnwzr. ~nv<ae an; remrdies l~rmrtted by paragraph iS hereof. <br />3Vcsx-Uxtrroaas Covytaevis. &trrvwer and !carder furtttrr cr*'.enwm and agrrc ai futktws: <br />- - li. Acetkralta, Rtsedlea. F.arsyt as provided k parrq~ayh 17 hereof, up:,a Borrorreti s brracb ul any raveatuu ar <br />stptptaptt of ilms+twts tg thda ~, tneladtus the rweaatsfs to pay wkea doe am srawr xcrred by ttdt Mtessgtc, <br />f.awdv ~ al ~s slrlN teed! aedcc sa dstsawcr as poivided Fa parrgsrpi to hem!! sperifyiseR: tl) tfse bt:arit <br />f2}sit atrlfaa ett)Mleai ~ air orcls lmtnrcitp t3y s rim rret teas thm Sts days lrsun the dwe ttre rtvtire k tmaikd ro 6orrrsrer, <br />lee. seiigl sash tataaRi rater! ie estie~'. asst rd} tise4 faila>fs m ears src6 Mracb ua m beture !fie date speed M tit Works <br />aMV rltel! it ~ rf tie sstess srrrar+ed b! tfsls Alotigalt, fmaer,uanrr if ~ D+tK'c~iai trd sale of the ti'rrpesty. <br />Tlt are}pe sla!-fallpar Mfrrrs tsar of tie rtlAt tr rr3waate af#r arcdesatiara asd rfie right to aswert k the loreek+arse <br />psaatsei~q- dot an.sadMrsts ~. ~ drfarN ~ atav +stiar delasse of ieartewer to atcele-trlao aad ftrrerelattsrer. - It tit bracer! <br />!Basel astral em as lsltesa Lire ears rlreri~lsd is tit rart}se. Larder n Lstrders trptiaa nsay dreFme art of tfie smaa secarttd bq <br />tltfs >rleal~a salt iera~ttlaly dre sot[ ptytsiie whiwsr terther destaard and tnry fareeloss by jrdfcial ProcseditE• t.etader <br />stltall ha rptiYMitF M crMKt is srci prreeed'lat< all ercaiemsse rrl lornrrltesara, iastrding„ bat ow tltadttd to testa ssf drrrnemtary <br />telienss, alukaestit anti date sttpruis, <br />t!. Mawvafs ~ N ttdas~tr.'+otwathstansling Ltr3`s acecisratren «[ thr stints sesatrt;:i i?y t#tis htartgagr, <br />lerxssstet deal) testi's tit r to have am p.°;t€eettittga t,rgun t+Y t,rndrr s,. rztsrxce Ears tforgage ct:xtigrt+n,trd at any iirnt <br />