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Lender's written egrcement or applicable law. Borrower shall pay the amount of all mortgage insurance premiums in the manrxr provided under paragraph 2 hereof. Any amounts disbursed by Linder pursuant to this paragraph 7, with interest thereon, shall become additional indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof. and shall hear interest from the date of disbutxment at the rate payable from time to time on outstanding principal under the Note unless payment of irtfereat at such rate would be contrary to applicable law, in which event such amounts shall bear interest at the highest rate permissible under app8cabk law. Nothing contained in this paragraph 7 shall require i_ender to incur any expense or take any action #rereu-erder. & hs~eetiaa. Lender may make or cause to he made reasonable entries upon and inspections of the Property, provided that Lert~r shaft give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's interest in the Property. 9. Coadersaatiar. The proceeds of any award or claim for damages, direct nr constquemial, in connection with any condernnatian or other taking of the Property, or part thereof. or for conveyance in lieu of condemnation, are herchy assigned s^~i shaft! be paid to Lender. in the event of a tota# taking of the Property, the prtxeeds shall be applied to the cams secured by this Mortgage. with the excess. if arty. paid to Borrower. In the event of a partial takin¢ of the Property. unless Barrnwer and Lender otherwise agrce in writing, there shall bt applied to the sums seaatrd by this Mortgage such proportion of the proceeds as is egos! to that proportion which the amount of the sums secured by this htortgaae immediately prior to the date of taking bears to the fair market value of the Propcm immediately poor to the date of taking, with the balance of the proc;ceds paid en Harrower. If the Property is abatu#aned by Harrnwtr, nr if. after notice by Lender to Barrawer that tht condemnor offers to make an award or settle a claim for damages, Borrower falls to respond m tender wuttin +[t days after the-dare strcirnaticcis retailed. Lender is autboriud to coifed and apply the procceds. at Lender's option. either [o restoration ar repair of the Property ar m the sums secured by this Mortgage. Unless Lender and Borrower otherwise agree in writing. any such application of procceds to principal shall not extend or postpone the due date of the monthly installments referred to in paragraphs t and 2 hereof or change the amount of such insialiments. 18. Borrower Not Rekned. Extension of the ume for payment ar mtxliflcation of amortization of the sums secured by this Mortgage granted by Lender to any successor in interest of Borrower shell not operate to release. in any manner, the liability of the original Borrower and Borrower's saccessers in interest. Lender shall not be required to commence proceedings against sorb successor or refvx to extend time for payment or otherwise modify amortization of the sums secured b}' thus Mortgage by reason of any demand made by the nrigma{ Borrower and Borrowers steccessors in interest. 11. Fwbraraaee bT Leader Not a R'aiver. Any fnrhearance by Lender in exercising am• right or remedy hereunder, or atherxrise afforded by applicable law. shall not tie a waiver of nr preclude the exercise of any such ri¢ht or remedy. The praurensent of irtsurarrce or the payment of taxes nr other tuns nr charges by Lender shall not be a waiver of Lender's right to attxletate the maturity of the indebtedness secured by [his Mortgage. 1T. Reae~ Catmsbtive. .411 remedies prostded m this Stnrtgage are distinct and cumulative to any other right or remedy under this Mortgage or afforded by law nr equity. and may he txtrcistd concurrentR'. independently or successively. 13. Saatceawrs tad Assigns Bon..d; loin) cad Severs{ I,iattBity: Captferea. The rnvenants and agreements herein contairttd shall bind, and the rights itereutrdtr shall amue to. the respecuve sarccessnrs and assigns of Lender and Borrower, subject to the provisions of paragraph 1? hereof- .All covenants gnu agreements u'f 5orrawer shall be joint and several Tex captions and headings ..: the paragraphs rat this Mortgage are fc+r convtmenee only and are not to be used to interpret or defim the provisions hereof. t4. NoHce. Except far any notice required under applicable taw to bt given in another manner. (al stay notice to Barrowtr prevideti for in this Mortgage shall tae gavtn by mailing such notice by certified mail addressed to Borrower at the Property Address or at such Cher address as Borrower may designate bs° notice to Lender as provided herein. and fbl any notice to i.ender shall be gtven by certafted mail. return recr+pt requested. [a Lender's address stated herein or to such other address as Lander may designate by natter in Horrewer as pmvidtd herein. .Any notice provided for in this Mortgage shall he domed to haul txcn given to Harrower or I.endtr when given in the manner designated herein. 15. L'tnitorrs Mortgage; Govertu~ Law; SererabBity. Tl+is form of mtmgage combines uniform covenants for national use and tract-uniform covenants with timirtd variatisms hy_ ;urisdaction to cansuttaie a unifarrtt seeunry instrument covering real property. ~Rtis Mortgage shall be governed by the law of Ehc lunidictian in which tht Property is located. 1n the event that any provision rat clause of this Atortgagt ar the Note cnnflices with applicable law, such conflict shall not affect other provasiats a>C this Mortgage or the Note which can >m given ttfect without the con{liciing provision. and to this end the provrsiora of tlx Mortgage and the ~ofe are dtclartd ua ht severable. t~. Borrswer's Copy. Borrower shall t±e furnished a conformed copy of the Nate and of this Mortgage at the time of exceutitm :x after rtccxdatia:t txrcaf. t1. Trarrtw a[ eke hoperty; Assnrnptian. if all or any part of the Property or an interest therein is said ar transferred by Borrawtr without L.erdaer's prioc written consent, excluding tai the creation of a lien or encumbrance subordinate to tfiis Mortgage, tb) the creation of a purchase money sesurin interest for household appliances, (c1 a transfer by devise. descent or by operation of law upon the tkath of a faint tenant or ids the grant of any leasehold interest of three years or less not conuiniag an apricot to purchase, Lender may, at Lender's optism, declare alt the sums secured by this Mortgage to be rmmediately due and payable. Lender shall have waived such aptian to accelerate if. priar to the sale or transfer. Lender amt the perm[! to wham the Property is to be sold or transferred reach agrcemen[ in writing chat the :,redit of such person is satisfutory to Lenrkr and that fix interest payable on the sums secured by this Mortgage shalt be at atxh rate as Lender shall t~egtxst. !f I.ettder has waived the option !n accelerate provided in this paragraph t7, acrd if Borrower's successor in inttteaS has executed a writtetr assumption agreement accepted in w rittng by Lender, Lendtr shall release Borrower from all abiigatiotxs under this Mottle cad the Note. if tsttder exercises xttch option to accelerate, Lender shaftE mail Borrower ncxice of acceleration in accordance with paragraph 14 hereof. Such Warier shall provide a period of na~t less than 30 days from the dart the notice is mailed within whieb Borrower may pay the sums dectartd clue. If Borrower :tats to pay sau:h sums priar to the expiation of such period, Lender may, witMut ftarttter antics ar dernalld on Harrower, invoke any remedies permitted by paragraph 18 hereof, Npx-Uxtt~ess CBVENAt~TS Borrower amt I.ertdtr Further covenant arnl agree as follows: f g. Accsiar~isa: fRearediss. Eaccrd a provided le paragraph i 7 kFreot, tyros Borrower's 6rcrxh at any coreasst w meat of BasTaxrat let !kit Mor~ttgc, lactadtittg rite covcmntx to pay wtrca dnc say suave scented by tkk Aiartgage, Lwrdtar pritx to areaisroa~ds+s tdrrB usat7 satlee a Bwrawcr ~ provided in paragraph 14 6ercat apeci(y~t (1} the braack: (1} du tscUas caanirad to esre sod! tteaack; t3} a date, sot leas tkaa 30 da}rs !roar eke date the twtice le !nailed to Bwrawer. !}+ wkldt rick ktsark toatrt Bs cared; >a~ Ni tiaa taBure tat cetse sacfi breacA oa w 6eforr tine date spedticd is the soot: ' ttsoiE fa ~ M ~c ~~ tx~rurcd ley tkts !Nort;trre, twecrr ley jsdlcW proceeding and tole a[ tks Property, Tans ttpBC+c sislp ha~a Tatars Bnrrawn of (hs tight to reinstate aflsr accehrWaa and eke tiigbt to assert is eke torectown ttrocest>~ttg Aas asitttitissrrc d a tie/aaM w say other drtttrse of Bsatrowcc ro acceleration acrd forccbwtn. R the breach is slot errtitt! era w boars tka da6c trpecNiad le tke sotke, Lender at l.enderb optba may dechrc aB of ttia sWatt secured by fit ~ b be lj dar turd payt~0e wNboat trrtker aa~and send say fnreclsec ley d pencet~ag. Leader shrill bs oaa9lged ~ roBac# le sack praeeedtag a{I cspettses of terfrfoaure, inr~t~ng, brat not !Inked to. cabin of dacntsecatary t~ridsstca, abt~aMa and Wk f !~, iiils+srrieP'a ~ is ltmhrltrfs. NWwithttandittR :..ender's ace-ekrauc+n of the starts se+:ured by this Mortgage. 5a:trtrwer si+ail hava tits right to bat*c any ptoccrdings htgun hti F.tttdtr to enforsc than Martgags^ disccmrimttd at any time