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$.®~~1.i~9f~,? <br />Let's s"tittea agrost~t or a~,eabM law. Harrower s.:al! pay rl-a arrn.rrnt of all mortgage in-~r.cs premiums in the <br />manner pravidad umier psagraph 2 lsererX. <br />Axy amgrmts, disbura¢d by Lernkr intrattant to this paragraph 7, with irtteresi thsrean, shah become addit9anai <br />bins of Borrower scoured- by thin Mortgage. tJnless Borrower and Leader agree to oiirer ternts of paymenr. ,.-k <br />amounts shag be payable uprxt notice from Lender to Borrower requesting payment ±her~f, and shah bear interest from the <br />tfate of at the rate payal~e from titsx to tirtte cur autrtartdieg principal under the Alote unle~ payment of <br />intet~t at attrh ram wtrtrld l~ tctntrary to appticalsh law, in which event such amounts shah bear interest at the highest rate <br />patn~ae tinder app8cible law. Nothing crnttah>ec# in this paragraph 7 shad require Lender to incur arty ezpenx or take <br />anq a hereunder_ <br />. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided <br />that Lender shaII give Borrower nMicx prior to any such inspection specifying reasonable cause therefor related to Lender's <br />intaaest in the Property. <br />R T}ie proceeds of any award or claim for damages, direct or consegttetteial, in connection with any <br />condeenttation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned <br />and shaII be paid to Lenakr. <br />In Site event of a torsi taking of the Property, the proceeds shall be applied to the sums secured by this Mortgage. <br />with the excess, if any, paid to Harrower.- Tn the event of a partial taking of the Property, unless Borrower and Lender <br />otherwise agree in writing, there shah be applied to the sums stxured by tfiis Mortgage sucfi proportion of the proceeds <br />as is equal-to that praptrrtion 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 prise to the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />If the Property fs abandoned by Borrower, or if, afrer notice by [.ender fa Borrower that the condemnor offers to make <br />an award or settle a claim for damages, Borrower fails to respond to I.tnder within 30 days afrer the date such notice is <br />mailed, Leader is attthoriaed to collect sad apply the proceeds, at Lender's option, either to restoration or repair of the <br />Property or to the armn secnred by rfiia Mortgage. <br />Lln}atts Lender and Harrower otherwise agree in writing, any such application of proceeds to principal shall not extend <br />or postQane the due date of the manthiy ittstaihnenta referred to in paragraphs i and 2 hereof or change the amount of <br />such installmdtts. <br />Ig. Saetavar Net tom. Extertsian of the rims for payment ar modification of amortization of the sums secured <br />by this Mortgage granted by Lander to any successor in interest of Borrower shall not operate to release. in any manner, <br />rho iiabrTity of the original Borrower and Borrowers Successors in interest. Lender shall not bs required to comtrtettce <br />ptrotxedittgs against such successor or refuse to extend lima for payment or otherwise modify amortization of the surra <br />seetrred try this Mortgage by reason of any demand made by the original Borrower and Borrower's succeaars in interest. <br />t3. !aleeiraaoe Qy LealE( Net a ~i142P. Any forbearance by Lender in exercising any right or remedy hsretmder, or <br />othetsrise affartkd by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. <br />The procurement of inwrartrx or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's <br />right-to ascekram the maturity of tits indebt~lrKSS stxured by this Mortgage. <br />t2. Riatetties Cameo. All remedies provided in this Mortgage are distinct and cumulative to any other right ar <br />remedy under Phis Mortgage or afforded by law or equity, and may be exercised cottcurrcntty, independently or successively. <br />i3. StQert~sroett arstt Aefgna 1 leirrt rm1 Seved i,ii~ty; CaptMis. 71te covenants and agreements heroin <br />cartainod altail bind, and tfre right htreurrdri shaIJ inure to, the respective successors and assigns of fender and Borrower, <br />subject to the provisions of paragraph t7 hereof. All covenams and agreemrnts of Borrower shall be joint and several. <br />TAe captions and headirr~ a[ the paragraphs of this Mortgage arc for cnnvenisrtce only and are not to be used to <br />interpret or rieltrto the provisigrrt hereof. <br />14. Nu9i~ne. F.ttoept fnr any mHice required under applicable law to be given in another manner, la) any notice to <br />Borrower provided for in this Mortgage shall be given by mailing such notice by cenifled mail addressed to Borrower at <br />tits Property Address or at such otlxr address as 8arrower may designate by notice to lxnder as provided herein, and <br />tb) any ntstiae to Lender shall he given by certified mail, return receipt requested, to lender's address stated herein or to <br />suett outer adtttew as Lender tnay designate by native la Harrower as providsxt henCia. Any native. provided far in this <br />Mattga~ •hatl be deemtxf to have been given to Borrower ar Ixtxler when given in the manner daugstated herein. <br />i!. UnYerrn Govern Late: $evtraMlty. This form of mortgage cominrro uniform covenants for national <br />uae.and ttarauniform eovenattts with limited variations by jurisdiction to eans[ittrte a uniform socu:'try instrument covering <br />~ may. This Martgsge 5haii be gavatvted by t~ i~w iif tits jiti5sdictiatt in which the Pi~peity is igcats-,d, lit the <br />evoret that any prgvisntn ar clatrse of ttl~ Mtxtgage nr t.t i;:nte cntiflicts whit appli::abie law, such cnnfiict shalt not aff~ <br />attar pray of this 'dartg-. cr rtes tdat€ which can bs giv~t pct witltotst the contlictirtg prnvis~rt. aru] to the <br />ei~ tom. 4= "~.' I.'~~ __' tn~ N:-= are srs~ ~ f~ ~+raaisa. <br />~f~_ ~°y=- l~rowat s1~n t bs futni~ct a ~o~t copy of lira. A1+~ art of Lhis A~fortgaga- at the time <br />of eaectt[ian ar altar rocordatiae- boreal. <br />17. 'lltfntar at tYa Rei~taetyi AataraeplMss. tf a!! or any part of the Property or an intermt theteia is sold ar [ramferred <br />bl' Borroamr without L.ertder's prior written consent, excluding (a) the creation of a lien or encumbrance auttttrdiaaut to <br />this Mortgage, (b) the creatiart of a purchase money security interest for hottsotlold appliances, (c) a tnmtet by dovie, <br />dtuaeat err by aporatiar o[ law upon the death of a joint [anent or (di the grant of any leasehtdd interoat of three years ar teas <br />n~ captaiaittg art optlert w putrttase, Lander may. at Lender's option, declare sit [he stuns secured by this Mortgage to be <br />igmtnadjately dug and payabit. !,ender shall have waived such option to accekxate it, prior tq the sale nr transfer. Lender <br />gad the pesurrt to wtttxn the Property is to be snid or trttnsferted reach agreerrunt in writing that tin credit of such person <br />ar aa~facWry 1a Landtu itsd that eha itxetest payable on the sums s+ECttred 6y this Mortgage shah be at such raie as Lander <br />shag raqueat. if i.tgtdar hs waived the gption to accelerate provided in this paragraph 17, and tf Borrower's successor in <br />itttlrat itas executed a written atiwtrfptian agreement accepted in writing by Lender, Candor shall rcteato Borrower frotrt all <br />ttttder thin Mortgage and the Nara. <br />tepd~' exercises such aplian to suelerate, Ixnder shall rnai! Borrower etotice of aeaxkration in accardaa+wm with <br />pttrigtt~ttt i4 hereof. 9tx;lt notitx shall provide a period of trot l~ than 3ti trays frwn the date lira notice is mailed within <br />which i~rnawor may pay the turns tioclarod tine. If Borrower fails to pay such sums prior !o oho expiration of such period, <br />Laadat efwty, witMsrut [utttrar Mica or dtxnand an 13arrawer, invoke any remedies permitted by paragraph 18 hereof. <br />tn~.wn.., r.w.w..,ry w..r.,wa. a~ lam; t~rtth~t covstl and a as folks; <br />~, <br />Aft Arrv+:+s~ttar:i ~ as > Isr _ i7 ierf, Wtaa ' Mtter~ctt el asy cavearat+t nr <br />agF aI iMrrow~er is gdji Mg~tgs, ~ tis tarapjrtf~s to pay r.iarr ttw tray stoats aetared M tide Maetgaga, <br />><.tatitr.ll~ to ~ ttitalt rtetlw a Ikrstnrgr is pavi~lti M prKagragit t4 harQi' ~edfyky{; ttt lie breael:t <br />l~ tlta,uot~a r~rMed la~attwt~t lti t~ tt date, aW4 Mss titan ~ tla~a [asaw ~e thrk fig a~otiea k ssailoti is lt~srr~'. <br />Mlle- whit ireeaci My ettruM ~ (;? gYfrt failata ~ ran atki Orrac4 a ie INtore tMa afire 6t lira eetlea <br />af~E~ Wdt to ~ at' igta twpna sects by Bda ~ ftartre#aeeata by jrrii~ttl-grecaesIIaR ari trite at tAa M'rapwty. <br />'fret a t~ ttsttiter inty[w 3wrtaawer ~ tie, right to rdaatabt~ sitar ~ rtard dra ~ asant ii the fosacYeerre <br />ikttg tie nin~exi od a c4rfatYt or gay eBwsr defktrwa ei •arrwwar ro ~ and ~, u rift lriaei <br />M ttt~ ua+~ t-a a 1ai'eMs tiw tMM.~esigmi ps tie nogce. i,t~tt w latister'a rtpttsrt itsW' ttaetrtri a9 td Ne wsm neewsd il' <br />tM~s,Xt'pirt~tt s. e. lsawra~tlieigr doe that ;~iit..alirae~R tarlJter dtnewtd pod. tasty toracliee try jiwitsirtl. EaocaatBitg, Lender <br />at~•t! tu: cotfusl 4a tteSY. ~ all targiaasei +d forattrtaua, ~ its! ie1 Itrntkrd to caw et dactttrutrtary <br />nMs~iea+i astiR ate sigta~ <br />'~~ w:xan..a :~~,.: to try. n~a.II`~ar~ Les': axrititm ax tke r~~~s ;ovum by thri '~c~.ga~;, <br />zt` agate rasa use rrdtti to nays guy psgttt~ acguti ray 3_tnder to cnfor this i+$ertgage uisconttntwd at any title c <br />