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~l-^~~~~~~33'~ <br />[.cadet's writinn agteersxut ~ stpplicabk law. Honowcr shall pay the amoum of all tswrtgage 6nsurance prerrtiurns in the <br />manner ptb'miaed tender pangraph 3 hereof. <br />Any amounts disbursed by I.en~r pursuant to the paragraph 7, with interest thereon, shall because additional <br />intfebtedness of Horrovrcr starred by this Mortgage. Unless Borrower and Gender agree ea other terms of payttsent, such <br />sttnottnts slsall be payable upon narisx from Gentler to Borrower requesting paymcm thereof, and shalt bear interest from the <br />date of d6bttrstmrnt at the rate payable from tittx to titer on outstanding principal under the Note units; paytrtent of <br />itttereat at sttth rate would bt contrary to applicable law, in which event such artsounis sha)1 bear interest at the highest rate <br />perme trrtder applicaNe law. Nothing contaitsed in this paragraph ?shalt requite Ltndtr to incur any expense or Yake <br />aay aPtit7a hezettt. <br />R )Nst/ee6Sae. Leader tray makt or cause to be mane reasonable entries upon and inspections of the Property, provided <br />araE Gender shag give Horror notice prior to any such inspection specifying re ~onabk cause therefor related to Lender's <br />interest in the Property. <br />9. Caade~Nats. She proceeds of any award or claim for damages, direct or consegstential, in conneMion wish any <br />cotsdtmnatit>n ar other taking of the Property. ar part thereof. or for conveyance in lira of condemnation, arc hereby assigned <br />and shalt be paid to Lender. <br />In the event of a total taking of the Property, the pracecds shalt 6e applied to the sums secured by this Mortgage. <br />wins the excess. if any, paid to Borrower. in the event of a partial taking of the Property, unless Borrower and Lender <br />otherwise agree in writing, there shall be applied !o the sums secured by this Mortgage sorb proportion of the proceeds <br />as is equal to that proportion which the amount of the ss:ms secured by this Martgage immediately prior to the date of <br />taking bears to the fair market valtx of the Propem• immediately prier to the date of taking, wins the balance of the proceeds <br />paid to Borrower. <br />[t the Property is abandotxd by Harrower. or if. after native by I_tnder to Hnrcawer that the condemnor offers to make <br />an award or settle a claim far damages, Borrower faits to respond ea Lender within 30 da}s after the date such notice is <br />mailed, Leger is attthoria-d to collect nrtd apply the proceeds, at Lender's optitm. either to restoration or repair of the <br />Property or to the sums secured Irv this Mortgage. <br />Unless Letsder and Hortawer otherwise agree in writing, any such application of proceeds to principal shall not extend <br />or postpone the due date of the monthly installments referred to in paragraphs t and 2 hereof or change the amount of <br />such ittstatlmeats. <br />/Y. ttarsosrer 1VN Rekaad. Extension of the time for payment ar mndiftcation of amortization of the sums secured <br />by this Mortgage granted by Lender to any successor in interest of Borrower shall eat operate to release. in any manner, <br />the liability of the original Sorrawer and Hartower's successars in interest. Lender shall not be required to commence <br />praeeedings agssitrst such atsccessor or refuse to extrnd time far payment ar otherwise modify amortization of .the sumo <br />saural by this Mortgage by reason of any demand made by the anginal Harrower and Barrower's succ~scsrs in interest. <br />11. Fositearaaet by f.eaaeY !Vat a VYtdrer. Any forbearance by Len~r in exercising any right ar remedy htreunckr, or <br />atiscrsvise aRordad by apptisabk taw, shall not !+c a weever of ar preclude the exercise of any such right or remedy. <br />'I1re prsxurt>ttteni of itasusaaxe csr the payment of taxes car ether 4ictts ar charges by Lender shall not he s waiver of Lender's <br />rigFtt to accelerate the tt+tmtity of the indebtedness secured by this Martgagt <br />11, Reasadlea Ctaeahtlet. All remedies provsdcd m this 4lartgage are distinct and cumulative to any ether right nr <br />remedy under this Mortgage or aBortlyd by law ar equity- and may ht cterciud czncurrently. independently or successively. <br />I3. Ssteeeesars sera Ars~tes lased; ltsbtt sued 9everd [Isb~ty; Capaoas. T1se covenants and agreements herein <br />t:ontaitted shag bind, and the rights hereundlr shall inure to, the respective successors and assigns a( Lender and Borrower, <br />stsbjeet to the provisions of paragraph !7 hcrctrf Atl cavenants and egrrements of Borraw~er shall he faint and several. <br />71st captsorts and headings of the paragraphs of thin Mongagc are far ~anvenience Holy and are not to he used to <br />interpret ar deftne the provisions hereof. <br />11. isktast. Estcept for soy ttaicc required under apphcahlc law to be given in another manner, rrt) any native to <br />Borrower pmvi~d for in this Mortgage shall Ise given by marling such txttsce by : erhfterl mail addressed tv Bnrrowor at <br />the Property Address ar at such ether address as Barmwer may designate by ntxicr to Lender as provided herein, and <br />sl?) arty tsot~ !a L~txkr shall fse gtveta by c€rtitlkxl mss!. rcium cmrspt realuested. s« Lenders address stated herein or to <br />such ottrer t~dtess as t,ersdtr may Atsignatt by natxr a* Born?wer as oravided herein. Any native provided far in this <br />Mortgage shall tse darned to have been given to Borrawcr ar Lender when given in else manner de+~ignated herein. <br />!S. UrsRcrsr ~t Gar<sraisrg taws 3evsraWitt. This form of mangagc ccmrbincs uniform cavenants far natianal <br />teat artd rsan-yr~ifirrm c-'vtoants with litxrite6 variaiiorss by jurisdiction to corntiiute a uniform security instrument covering <br />rt3i pr~.gat~ty. This Martgaga stsalF he gavertsed 4v' she taw of the piss;sdietinn in which the Praptrty is 1cXated. in the <br />t::t tEsai any provi~s:e ar ~i~,sss of this MortgagE ,'r the '~et€ :. nflicts :with applicable law, such canftic! shall net afferi <br />~~ -~n.~sa~~ ~`r finis t'-_~_ ~r -`- ~`--- -- - - - -- - ~ - -' - <br />>~crsa~.~ rx~ ~a55 ~'~?•=r =an i..e £54'e__ En~ci -titEt~t2i *n£- `_??nlttL't!ng pravtsr'L!4. ?n9 in tni3 <br />. <br />t~ t16s pmvi~iartz of rlx Mier and list tisxt are _lc_tartd t=z Lit severable- <br />If. ^ar[ssras`s UaP4'. Borrower shall be furnished a eanfnrmed copy of the Natc and of thss Mortgage at the time <br />of exer:utiort or aftee recardatirns hereof. <br />1'7. 7Yaasrar of tie may; Aswtptaaa. If elf ar any pert of the Property nr an interest therein is sold or transferred <br />fsy Borrower without Letttler'a prior written cattsent. excluding (ai the creation of a lien ar encumbrance sulxsrdinate to <br />this Iliortsagts, fb) the creation of a purchase money security interest for household appliatscea, (c) a trmnsfer by devise, <br />dsstcesst or by tsperation of law upon the death of a point tenant ar fdt the grant nt any leasehold interest of three years or less <br />cwt anatainiag an option to purchase, Letxkr Wray, at Ixnckr's optsars, declare all the stems secured by this Mortgage to be <br />ttsvnrttiately due artd payathle. Lendtr shah have waived sssch aptian to sutrolerate if. prior to the xak or transfer. Lender <br />and the ptttttxt to whotsr the Property is to be said or transferred teeth agrttmem in venting that the credit of sstch person <br />is satnfat:tory to [,ender ssnd that the inurest payable an the sums sriurcd by this Mortgage shall be at such rate as Linder <br />shall r+ppssst. it I.etatkr etas waived the spline to accekratt provited sn this paragraph 17, and if Barrotver~ successor in <br />iattusu has eaecuted a written aatwmption agrtaneot accepted in writing by Lender, Lender shall release Horrawer fram ail <br />ahl~atioas tstsdcr this Mart;age ttrsd the IYotc. <br />It Lcrraer F~terciaca such option to accelerate. Lender shat! mail Borrower notice of acceteratinn in accordance with <br />patssgraph It hereof. Stich rraticc shall providt a period of not teas than 30 days fram the date the twelve r mailed within <br />which larrower tray pay the sums dxlared dot, If Borrower fails ro pay such sumac prior to the txpiratian of such period, <br />tender map. without further twiice or demsstrd nn Harrower, snvvkt any rerrsedies permitted by paragraph I g hereof. <br />Aiorw-Lltvtruara ~x<rN@rtANr4= Borrower nerd Linder further covenant and agree as fallcsws~ <br />ti. Aa~earaaagpa; I~eteaRau Hrtcs}t sa prot~YN M ~r+/h l7 hereof, stpoa leetroxet'a Itceach of asy ceratsssot m <br />stt~Masaat at >iissrtswas la His M+1s[gttEe, L ase taseaaab fn NY wires aae sat wart seearad by this Mme, <br />E~ gdas [r scnlerattiast stsM sssstB astern as lerra+rst tss Eruviaetl br !> I4 hsnar ePesitYleL= {!) flits llsrcash: <br />~ tlir ttitaMa ~ M cat. trttich Mssashs sal • +~, teat tea tfata 3Y ay. treat the date tM stttttiee Y srsaNea to lartowar. <br />b tamer wets lsawtds tttti.af era arrant ass tat erne ta~rtc m cs@t YrraeM as ter httfsa eat t~ t~seeNlsa ~ the nonce <br />Rltlg t! Y ~ of Rte +~ tacspraa by tldit Ma, tar+srtasrw~a by s3al ~ errs itstk at [hs Pt~asty <br />'-#a satins tthafl tatrttdrr tttifsaar lafr+srer d Nis rfglw m seiastale .rear assslerattaa .eta ass riglst m .wart hs rho ttstracbatrtr <br />~startwrtil~ Zia twtealRnce at a tdatatsk ar aq aRosr datsssse M larrtswau m aeciskradrs- teed torsclasasns. H the trswch <br />b wt eta stn ar ttetaae tie titer spas#Maa is ax asMk:. l.eakr at !=_tvtl~'tc ~t1ea stay asc4uc iR at else errs serried try <br />ftlM Mr•sr~a Ia is inrgttiMetl tftatt aaa ttaaraeoa wllhsw rtarfhar atrttertaa era trop; tows Ives try 1+~~ peoceetNt[g. Leaner <br />sitedilss aiatlNastl ar saMsat fie arses teasafirh~ ts4 trttrrwes ed foracia+asre, twcOstirg, ~ sat Btaifed ~ s~1 ut +tacasrsrttsry <br />a~+t <br />~e~i« ~"" t ~ t~ '~F'~`"f" ; '-"- :;~safl.;ri~ i.anrRY'i as:c`~2t2i#tren t?f thi ~ttPi3 s~~srred c`n" t'fisE Mt:a~e. <br />>~ter ! t~~ f ts? i~*'t ~+ry errs=~i•.~~ f_~c~n fs~ L~n~r tc+ ~t~~ th3 '.~1~.'?tA;tagn` si'+~.~:stinss~ ~ env t:sts': <br />