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<br />Lender's written agretmtat or applicable taw. Borrosvtr shall pay the amount of art mortgage insurance premiums in the
<br />ma>&ner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Ltndcr pts:suant zo this paragraph ~, with interest thereon, shalt become add}banal
<br />indebaedness of Borrower sta:ztred by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />amounts shaft be payable upon notice from i.endtr to Borrower requesting payment thereof. and shalt hear interest from t'ne
<br />date of dlsbtnsement at ehe rate payahlz from time to time on otrtstanding principal under the Note unless payment of
<br />interest at such rate would be contrary to applicable taw, in which event such amounts shalt tzar interest at the highest eau
<br />permissible under applicable law. Pdothing cmttained in this paragraph 7 shall require Lender to incur arty experne or take
<br />any action hereunder.
<br />A. lisepeetloa. t_etrder may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that Lender shall give I?lorrower notice prior to any suet: inspection specifying reasonable cause therefor related to Lender's
<br />interest in the Isropetty.
<br />9. Coadewtssaflert. The proceeds of any award or claim for damages. direct or consequential, in connection with any
<br />condemnation or other taking of the Property, or part thereof, or for cunvs;yance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a total taking of the Property. the proceeds shall be applied to the sums secured by this Mortgage.
<br />with the excess. if any, paid to Borsower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied ru the sums secured by this Mortgage such proportion of the proceeds
<br />as is egos! to that proportion which the amount of the sums secured by this Mortgage immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the daft of taking, with the Ealance of the proceeds
<br />paid to Borrower.
<br />if the Property is abandoned by Borrower. rn if, after notice by Lender to Borrower that the condtmsrwr oRera to make
<br />an award or settle a claim For damages. &xrnwer faits to respond to i_ender within 10 days after the date such notice is
<br />mailed, Leader is authorized ro correct and apply the proceeds. at Lenders option. either tr. restoration or repair of the
<br />Property or to the sums secured rip this Mortgage
<br />Unless Lender and Borrower otherwise agree in wriling, any such application of proceeds to principal shaft net extend
<br />or prntpone the due date of the monthly installments referred m in paragraphs t and 2 hereof or change the amount of
<br />such installments.
<br />t®. Borrower Plot Rekseed. Extension of the time for pavment or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to any successor in interest r.( Burrower shalt not operate to release, in any manner,
<br />the liability of the original Borrower and Borrower's successors m interest. Lender shall oat Fse required to commence
<br />proceedings against such successor er refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by this Mart2aat by reason of anv demand made by the ori¢mal BOrrowei and BOrroweiS successors in interest.
<br />11. Porbearaaee by Leader tint a waiver. ~m tortscarancc he Lender in exercising anv right or remedy hereunder, or
<br />othtrwise afforded try applicahle law, skaH nut tx a waiver of or preclude the tFereise of any such right ur remedy.
<br />The procurement of insurance ur the payment of rases or r,ther hens or charges by Lender shall not tse a waiver of Lender's
<br />right to accelerate the maturity rat the indehtedness secured by this Siortgagt.
<br />12. Rctatdtes Cttmamtlse. AU rcmrxfies presided :n this Mortgage are distinc[ and cumulative to any other right or
<br />remedy under this Mortgage ur afforded by law nr ryuuy. and may he esrrased concurrrntlp. inaiependently or successively.
<br />i3. Saecrasosa ad AsdRas Bound; lout wed Boxers) i.iabtBfy; ('aptiosds, t?se covenants and agreements herein
<br />concerned shall bind, and the rights isrreunder shall inure u., the respective successors and assigns of Lender and Borrower.
<br />subject to the provisions of paragraph !' hereof .all covenants and agrrrmrnts of Borrower shalt Fse joint and several.
<br />The captions and headings oC the paragraphs of this Atortgagr err for convenience only and are not to be used to
<br />tnterprct or cleftnr the provraiuns hereof.
<br />t4. Notke. Exttpt for any noted required under applicable law to he given in another manner, (a) any notice to
<br />Borrower provided for m this 39ortgagr shall hr glecn by matling much notice by certified mail addressed to Borrower at
<br />the Property' Address or at such other address as &.r rower mss ;ieslgnate by notice to Lender as provided herein, and
<br />ib) any nubce to Lender shall }±e gttrn hs cerufird mad. return receipt requested, m Lender's address stated herein or to
<br />ststh uttstr address as I~ruler nsay designate bs- nutltr t~.• tinrrrrwer as pr.~vidtd hherein. .iny notice provided For in this
<br />bfortgagt s€satt t~ ~.ned €o base !gin giser: t.r lla~rr.>wet .:t ! ~udr'r +hen gtvrn in the manner designated Ft;:rrin.
<br />1R. Ueditxas Moefttstee; GoYrrw6sg Law, tiererstsYit<. tTts t•rrm of mortgage comhitxs uniform covenants for national
<br />Use and non-uniform awtnants with limitr.l varttun7ns by µuis.hcnun to constitute a uniform uxurity instrument covering
<br />rte! property. Thts Mcrtgattt shat! trt yotcrntd by +he ', :~t the urisdsction in which the Presperty is located. In ttte
<br />tit kl;= `a y prs',v g~i n .ir ~ ]s. -c ~ '6; ~i?*-rt~sg~ , 'he ~.`!Y ~.'-rtt?F~7s t<nh :lppllt~h~ taw, StFih ~E.nfltCt 31'~ti tine 3ffrC3
<br />other provisions of thss Mortgage .+r the Nutt which .an ik rusrn effect without the conflicting pruvistoa, and to this
<br />end rite pro=isiotss of ttse aitutgag€ and ,etc `-..._ .sre .z ~srtzl t:s be Avtrahit.
<br />ib, lir2r-s %opy. a~rruwcr shah ~ .',rn€-islet ..: cnnforsFSed cope of zest Noze ..-,nd of chi; Mortgage a. z e ziTe
<br />of execution or after reuudation hereof.
<br />11. Traaster of the property; Atgstmptioe. [t ais .•r any part of the Pruprlty or an interest therein is sold or transferred
<br />by Borrower without [xrr~r'x prior written c,,snstnt_ eti;luditrg ~a~ rhr creation tit a lien nr tncumbrancr sutxsrdlnate to
<br />this Murtgaga, fh) the creation o(a purrhax money >ccunty merest fur household appliances, (c) is transfer hY devise,
<br />dcsctnt ur by operation of law upon rhr death of e tosut ttuunt or rile rhr grunt of any leasehold interest of three years ur Iess
<br />cwt cuntaininX an option to punhase. Lender may, at t rndrr's .,puon, declare all the gums secured by thts Mortgage to bt
<br />imntedlately dot atsd payable. Lender ,halt hose wasted such .,pram k+ accelerate sf, prior ro the .ale or transfer. Lender
<br />noel rhr pcrsc»s to whom the Ptuptrty is to he sold ur transferred reach agreement in writing that the credit of such person
<br />If SatlsfaltaerY' tJ Lender atsd that the interesz pay.thle on rhr soots ses:ured M this tilortgage shalt he at such rate :ts Lender
<br />seta!! rryes=st. !f 1 rn~s hys wa!vtd thx c•puun te+ a;:s:,ilrrari pr:ssldtei In this paragraph S1 and if tksrrnwrr's su4crasur in
<br />interest has executed a wrutcn assuaspuun agrecnxnt accepted in writing by 1 ender, Lrndtr shall release Borruwrr from all
<br />t.+blrgaUsms under this Mortgage and tree Vote.
<br />If i.tndcr exercises such option to accrttrate, tender .hail mail Borruwrr nuficc of accrirration in accoraiancr with
<br />paragraph tS htrcof. Such noun she!{ provide a paned at not less than ;0 days Crum the date the notice ix ntailyd within
<br />which Borruwrr may pay the sums dtclarrd dur If Burrower '.ells ru pa}• such sums prior W rhr c>.pira[ton of such period,
<br />Lrndtr may, wtihtwt hlrther noucr or demand tin kis»raswer. ~ntu{.r any rcmcdirs prrmiued Psy paragraph 1X hereof.
<br />t`srr•+-tJirriRit C.-rlYE*ia?~ fis_ Ih.rruwrr anal Lenclcr turtlrer ~.+atnant and a~,t-ec ati tc~tlvws'
<br />IB, rtnCirtttlTi~i ~iF~ ~.Tic'i pt ii` pr$~`~d t8 piir'~[r~ib t ~ tiEr^ESf. :ipafi ~{iYrOYY@i'E tH~aCh Af aR4` C'SYt9$tlt f!r
<br />atyrosateat rte Borrowrer tw tls~ M1iustsate, iartadittr the curraanis to pay rrben due sae Hams secured by this Noryrplx.
<br />I.tasdsr pt~iur to rrccslaratlaa notlee to 8urruYYZr aaa piuYidxd to purgtra~t ti hereof spcc;tyi~: ttl the tlrexrh;
<br />tl? else aedga rs+batrsd iq twr sorb trexach; 1.}i a date. aol kres than .F8 +fa}s frurn the dwe Ihs nuticr Is asalied to Borrower,
<br />by rldcls each Mrtsrch west bee tared; tad tSl that trYare w cure such brxab oo rsr lreforc fhe date sprcibed in the antler
<br />~ resale fa acrelertNjoa UI thx snoQS secared by this `+iortgatx, tarertssmurr br judktat prucerdtag and sale rr[ Ihx prupeny.
<br />"[Ire troller shag fw/her tsJwm dorratwer tit the r3Rht to reiastals slur accxtcrailon seed the right to asss^rf in the forxclosurx
<br />paea~tdbsB tLs rwo.rrlet+ttK•e of a dstarrlt ur say athxr rtrf:aae tit Borturrer [o accxtrratkra sod foreclosure. If the brewh
<br />!s sot cturad oa ur before the dNe ap~erfTiad to the aWkx, 1.rader d Leader's option nsay drrirre ap of the soon secured by
<br />gds ~ to be itgtq>•diattl> due sad payable srithuat tarttser ikmand sad mqy fotrrtuse by jadfr+ai praceedlrgt. Leader
<br />abss~ hg salitkd W ce>llsci is such prsxexdisrg aB eapeasrs of frxertarure, iartudiao. Dui nut iiraltxd tu, cuvts of docorrxntary
<br />rrWawcc, r~rtracts turd iNk repur6.
<br />I9 Baerwteess Rtahl to Re~s~, 'tic+twsth=,tandsne 1 ccsde:', ttttaxtson < < the joins secured by this 'vtortxxr;c,
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<br />Ncxrir.Yrr shall haste f~ r~hi t4 have any prcgerdtoss tseyun ws t crater r,: r=^.E±.r~c th„ ~I>.ag:cg>i dissontusucd ar a++v t»nc
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