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<br />[rnder's writtrn agreement er applicable law. Barrawer shall pay the amount of all mortgage insurance premiums in the
<br />manner provided under paragraph 2 hereof.
<br />Any amatnts disbursed 6y Lender pursuant to this paragraph 7, with interest thrrrnn, shall become additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Borcower and Lender agree to other terms of payment, such
<br />amounts shall be payahle upon notice from Lender to Borrower requesting payment thereof, and shall hear interest from the
<br />date of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment of
<br />inrercst at such rate would be contrary to applicable taw, in which event such amounts shat) hear interest at the highest rake
<br />pest~riBsihle-under apptirabie taw. Nothing contained in this paragraph 7 shag require Lender ro incur any expense or take
<br />any action hereunder.
<br />B. Insptetfea. Lender may make or cause to he made reasnnahle entries ogee and inspections of the Property. provided
<br />that Lender shall give Borrower notice prior to any such inspection cpecifving reasonable cause therefor related to Lender's
<br />interest in the Property.
<br />9. Coademnalbtn. `The proceeds of any award or claim far damages. direct er consequential. in rnnnection with any
<br />condemnation or oilier taking of the Property, nr part thereof. nr for conveyance in lieu of condemnation. are herehy assigned
<br />and shah be paid to tender.
<br />1n the event of a total taking of the Property. the proceeds shall he anpiieti to the sums secured by this Mortgage.
<br />with the excess, if any, paid re Borrower. in the event of a partial taking of the Propertu. unless Borrower and Lender
<br />otherwise agrce in writing. there shall be applied to the slims secured by this Mortgage such proportion of the proceeds
<br />as is equal to that pmpnrtian which the amount of the conic secured by this ~4nrtga¢e immediately prier to the date of
<br />taking bears to the fair market vahle of the Propert}' immediately prior rs the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower. ar if. after notice ha Lender m Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Borrower failx to respond to 1 ender x-irhin 3!1 days after the dale such notice is
<br />marled, Lender is amhorized to cnBect and apply the prtxecds. at i ender's option. eithe. #. r~.ora..o' .•. repair of the
<br />Property nr to the sums secured by this Mortgage.
<br />LJn}esc Lender and Borrower otherwise scree m wnttng. ern' such apphcauan of prcxeed_c to principal shalt not extend
<br />ar postpone the due date of the monthly installments referred to in paragraphe { and ?hereof ar chance the amount of
<br />slxh installments.
<br />tQ. Borrower Not Released. Extension of the time for pavment nr modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to anv stxcrssor ;n in€erest of Borrower shalt not operate to release. in any manner.
<br />the liability' of the original~Borrower and Borrower's successors in interest Lender chat! not hs required to commence
<br />proceedings against such sitccrsser nr refuse to extend tame for pavment or athrrwisc modify amortization of the sums
<br />secured by this Mortgage by reawn of any detranal made h}~ the orioles! Borrower and Borrower's sitccessnrs in interest.
<br />t 1. Ferbtuanec b; I.endtr tiM a Waver. .'ley forf,earancc b~~ I ender in exrrcisine anv right or remedy heresmder, er
<br />otherwise afforded by applicahtr law. :hall not he a waiver nt nr preclude the exercise of any such right or remedy.
<br />The grocuretnent of insuratl<:e ar the pavment of taxes nr other !lens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the mamriry' of the mdchtcdness +ec:md by thee 's4oreage.
<br />t2. RenxditsCutosiaNve. Ali remedies prr+•.ided m tfia A4nngage are distinct and c~.tmu!ativ'e to any ether right or
<br />remedy under this Mnrtgsge or afforded hr law ;ter eyrnt-. and ma}~ he r~-erusri c:,nntrmntly. +.^.dependently nr successively.
<br />13. Saecestors trod asdQas Bou:.d; ]mot and Se.eral t.ialn7ih: t'aptinrn. fhe cosenants and agreements herein
<br />contained shad hind. and the richts hereunder shah inure €:~, the rc°spet:,-e ,:xce;u,r; anti assigns of Lender and Borrower,
<br />subject 4o the provisions of paragrnt~t 17 hereasf. -llt :avenants and agreCrrxnts t:r Harrower shalt he joint and several_
<br />'The cap€ions and heading> "the paragraph, of this t4nrteage a*r for ,:;,nvemcntie not} and are not m fsC used to
<br />interpret or tieIIne rise provrsions hereof.
<br />iv. ::afire. except €or any native required under aFSplic_its?e i.... ., ,. ~., .. - .Miler manrcr, fat anv nonce to
<br />Borrower g:ovided far to this Mortgage shah. i+e given by maiiine ,uch nnuce~h:'certified mai3 addressc-d to Borrower at
<br />the Property .Address or at such other address as Bnrro~+er mss- designate h~• rrttice to Lender as provided herein, and
<br />Rti any notice to Lender shall tn~ given t:v certtfied maul, ret;rrn recc~p€ r_attc-sted. t:~ i ender'; addre5`: stated herein er to
<br />such other address as i.enster may designate hq n.nice t:~ Hnrmwer a, provided hereto. .1nv notice provided for in this
<br />Mortgage shall he deetiled to have been given to Borr..wer „r ! ~ncicr when given in trte manner designated herein.
<br />I5. UaKorm Morrr[r~e; Goverttinp i.aw: Sevrrabilih. +'::ic f.,rm of mortgage cotnisines uniform covenants for rational
<br />use and non-uniform covenam; with lirtlited sattauonc hs ;:-nnirctam tc rnnstltute a uniform x+utrily instrument covering
<br />aI prtsprrtb. This Mattgagr she!? h gnvernzd h:_ the ?x .•t the ,:rtsilrct+r}n which the Property is Icxated. In the
<br />event that any provision or c{aitsc .+i this Alertgage +,r the time ;°.>ntlicts -,+t€h appiieahlr Iaw..uch conflict shall not affect
<br />other provisions of this Mortgage or the tiete -xh,.h s.+t ~ g-.en rTect without €he cntsP.ic@ng provision. and to this
<br />end tht provisions isf tht: Mortgage and the ti<+te :ire ~!eci,.cee; to hr,::vcraf;iz.
<br />16. Borrowers Copy. Bornswet ;hall he f~t+, n+,hed a :.+n [.,rmed cops of the Note and of thts Mortxagr at the time
<br />of execution or after recordation hereof.
<br />17. Tttr of the Property; Assumption. ii ail a'r an} net of the Property a,r :.n interest therein is sold nr iransfened
<br />by Borrower wdtloLrt I-ender's pr+or v+rllten cauxnt. _sciuding t-u the creation of a Tien or encumbrance sutsordmake to
<br />this Mortgage. !bt the creation of :~ isurchasc: tn.,ne~ .cc.:r:tv interest f,+r hr,t;xholri appitsnces. +c) a transfer by devise.
<br />descen# or by apCrauan of tau upon the death o. + tot :onset nr <.,'.~ the E•ant of ar:y leasehold interest of [hree years or less
<br />not containing an option to p-t;rchasr. !_enar:r rnas.fr:t t ender'. ;goon. declare ati the sum, sea~umd h>' thrs Mortgage to be
<br />immediately due and garatrlC. f ender ,hail have a.avveu ;:;ih a+ptwn ro .tecelerate }t. prior sn the ;aiz r,r transfer. t coder
<br />and the person to ahem tlx: Propem t, ;~~ be uslu of transferred rc ash air=anent rn unttng that the ireain of ,u.h person
<br />is saiisfactnt, to tx;rJcr and tbr,; the in[erc,t p,xyabtC ,ut the stns .c-ci,red by this Alurrgage shat[ be at su fi talc a; fender
<br />shad request. tf !.ender hilt. xatyrd ihr ,~p€,.~n t+~ a:...e4esatc p.r, v,dcd +., the. paragraph i', and if Borrower's successor in
<br />interest has extxuted a wr;ttrn assum piton :a;;reentent acczp;ed it ariung by I.endrr. 1 ecJer shell release &vrower from ail
<br />csbligafians under this Mortgage and the titxe.
<br />If Lerxier raetciaes ssch op€tan ic> al+c rotate. t cu.ier . -. ,' ntait Borrower n~>ii:a ri a, ~ele raui,n rn accordane¢ wth
<br />paragraph Id hereof Such noose ;hat; Provsde n pane+ci .-i *`. .. s, than 30 da}~, ?ram the daue the r.iaicc ij mailed within
<br />whkh Bixrawer may pay, the sums declared 6,te tf Rerrouer i_... .r pas shah .:,his pn„r r;, the exolraha+n of such periixi,
<br />Lender mar, withasut titrtilrr nor;.;e or demanu nn Borrouer.:nvoke ,rr,: rcmtdtes perm«te.i h, paragtalsh i hereof.
<br />~7ct,~-L=ntFOaw Cavea«A~75 F3otrower and (.ender inrtt±er ct.sCnaul and ,tgrrr s ..+lFwra
<br />1l3. Accekrtrtioe: Rt®ediea. Except as provided in paragraph I7 br:rot, upon Borrower's breath of any en+enaat ar
<br />aEreetartot of Borrower in this 4lorrgryte. itrcluding the covenants w pay ahea due acs sutrtk secured by this Mortgage.
<br />Leader prlar to acttferatioo shalt stall troller t.> &trrowex as prarided in paragraph t i hrrrot specifying: # I i the breach;
<br />;Ej t5e aeries r4yuired to cure such btroacb: tJl a dtne, ttak less than Jtt days from the date the tnNitx h n+atled to &trrawrr,
<br />try wllicb such breach asst be cured; Lad (1y that failure to Cate such 6reaCh an or trefore the date specified is the rt+ttiCe
<br />trsay tespl3 at aC+cekra/iau at We auras secured by this l4ortgagr, fareckssurr by judicial pracrrding and sak of flit Property.
<br />Tie safice aieali farther inform Bwrower of the right Nt rrioa[atr slier aceetrratiun and the right to a.sert in the foreclosure
<br />pr'oraxed~ tba aua[.t><iateace of a default sw say other Aefrasr of Borrawrr to aCCrleratkm and forectosuty. tf the breach
<br />#. Rot vurad oe or 6atote ttta data sPecit•rd ~ the rwticr, Lender at Lender ~ oplfau may declare alt oC the sutra secured by
<br />this R+? ter br imtucditttrfy doe cad payable aitMrttt further drmatuf snit usay farerlosr by judicial pracerd.ttg. tender
<br />vhW #nt tttWkd to eektcct is lurch proccrtlirrg ati ecpructs of forrrh+sutr, incia, trot not iiraited t.s, lasts of dneamrniarv
<br />rridetsra. aMatrates nod Bde reparb.
<br />19G fotftutret'u 1ti~bt to liairstst¢. tivt~*Rttzsandtng lz:rtdcc~±. .t<aelttaurm +~~ alit ,.gym. seiureei he this ~4origarae.
<br />13orrc'xact xtlrtft have ilyc right €ss have 3r:4 prcrcrrdtngs tx~rasrr.~ h~. !ender t~ ~ r~r,tt~r.r thr+ 11a•rttLage discantmt:ed at a.sy umc-
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