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<br />Lender's written agreetnent or appttcabk law. Barsower sha13 pay th_- amount of all mortga insurance premiums amt the
<br />manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest therertn, shall become additional
<br />indebtedness of Borrower stcured by this Mortgage. Unless Borrower and Lender agree to other terms of paymett', such
<br />turrounts shall be payable upon notice from Lender to Borrower requesting payment thereof, and shall 'Dear interest fron, ;
<br />date of disbursement at the rate payable from time to time on outstanding principal under- the Note unites payment of
<br />interest a[ such rate would be contrary to applicable law, in which event such amounts shag bear interest at the highest rate
<br />petmissibie tinder applicable law. Nothing contained in this paragnph 7 shall require Lender ro incur any expense or taste
<br />arty action hcreurrder.
<br />><. fes~re[be. Lander may make or cause to be made reasonable entries upon and inspections of the Property, provided
<br />that Lender shaft give Borrower notice prior to any such inspection specifying reasonable cause therefor related to L.ender's
<br />interest in the Property.
<br />4. Cobtidemmfdow, The proceeds of any award or claim for damages. direct or eonsegtactr[ial, is connection with any
<br />rnttdemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a total caking of the Property, the proceeds shat! be applied to the stttrsts secured by this Mortgage.
<br />with the excess, if any. paid to Boreower. in the event of a partial taking of the Property_ ~tnless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Mortgage such proportion ¢f the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to the date of
<br />taking brats to the fair market value of the Property immediatety prior m the date of taking, with the balance of th•. proceeds
<br />paid to Borrower.
<br />If ttx Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the candemttor offers to make
<br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed, Tender is authorized to collect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured by this Mortgage.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date of the trtonthly installments referred to in paragraphs t and 2 hevteof or change the amount of
<br />such installments,
<br />lA. Derrower NM !released. Extension of the time for payment or modification of artaortization of the sums secured
<br />by this Mortgs;e granted by Lender to any successor in interest of Borrower shaft not operate to release. in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. Lender shall not rte required to commence
<br />praceedinga a;ainst such successor or refuse to extend time for payment or otherwise modify amortization of the soma
<br />secured by this Mortgage by reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />11. I-oriwraace 6r Latsdar Not a Waiver. Any forbearance by Lender in exercising an_r right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not rte a waiver of or preclude the exercise of any such right or remedy.
<br />Tito procurement of inuurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />11. Rewsies Crwhtlis. All remedies provided in this Mortgage are dtstinc[ and cttareulative to any other right or
<br />remedy under this Mortgage or afforded by few or equity, and may be exercised concurrently, independently or successively.
<br />13. Saecssross sad AaalEas Dowd; ]Diet sad Stvctal GiabBlry; Caplbes. The covenants and agreements herein
<br />contained shall bind, and the rights hercundtr shall inure to, the respective successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragnph 17 hereof. All covenants and agreements of Borrasvtr shall be joint and several.
<br />11te captions and headings of tltc paragraphs of this Mortgage are for convenience only and arc not to be used to
<br />interpret or define the provisions hereof.
<br />11. NoNea. Lrxcepr for any notice required under applicable law to be given in another manner, (a) any notice to
<br />Borrower provided for in this Mortgage shall rte given by mailing such notice 6y certified mail addressed to Borrower at
<br />the Property Addeess or at such other address as Borrower ntay designate by notitt to Lender as provided herein, and
<br />(b) any notice to Lender shalt be given by certified mail, return receipt requested, to Lender's address stated herein or to
<br />such other addtaas as Lettdtr may designate by notice to Borrower as provided herein. arty notice provided for in this
<br />Mortgage shall be deemed to have been given to Borrower or fender when given in the marsrter designated henfn.
<br />15. Uailorw Mortgage; Govtrrittg Las; SsverabDity. iTtis ft:rm of rttorigage eontbin2s arniform c-ovenanfs for national
<br />use and tart-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering
<br />real property. This Mortgage shall be governed try the law of the iurisdictiun in which ttse Property is located. In the
<br />event that any provision or clause of this Mortgage or tie :ote ean8iets with appheabk lave= such conflict shah not atLect
<br />e.~3zer prs:visi.~s of ?his MirtP,age' ;--. ?he Nom which c=:_ s given _ff~t witt±out €he r ;tic?ing pr-_+visi-gin. and :o tlti?
<br />and the provisions of the MortitaBe and the Note arc declared to be severable.
<br />li. Dorta,wsr's Copy. Borrower she)) be ittrnis'ttsd a conformed copy of the Note and of [his Mortgage at i'ne rims
<br />of execution or attar rceordatton hereot.
<br />17. 'IYaesfer ~ tYe Tropsaty; Antuaptioa. if all or any part of the Property or an interest [heroin is sold or transferred
<br />by borrower without Leader's prior written consent, excluding (a) the creation of a lien or encumbrance subordinate to
<br />this Mortgage, tb) the creation of a purchase motley security interest for household appliances, (c) a transfer by devise,
<br />descent or by operation of law upon the loath of a joint tenant or (d) the grant of any leasehold interest of threw years or less
<br />trot containing an option to purchase. Lender may, at Lender's option, declare all the stuns secured by this Mortgage to be
<br />immediately due and payable, Lender shall have waived such option at accelerate if, prior io the sale or transfer, Lender
<br />and ilte person to whom the Property is to be so)d or transferred reach agraetnent in writing that the credit of such person
<br />is satisfactaty to Lender and that the interest payable on the sums secured by this Mortgage shall be at such rate as Lender
<br />shall royttest. If Leader has waivatt the option to accelerate provided in this paragraph 17, and if Borrower's successor in
<br />intenat has ett~utbd a written assumption ~rcement accepted in writing by Lender, I.endcr shall release Borrower from a!I
<br />oblisations under this Mortgage and the Note.
<br />If Letndar exercises such option to accelerate, bender shall mail Borrower notice of acceleration in accordance with
<br />paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the crate the notice is mailed within
<br />which Dttrrawer may pay the soma declared due. !f Borrower faits ro pay such sums prior to the expiration of Bach period,
<br />Laadbr may, without fttrtitbr ttoticc or detnattd mt Borrower, invoke any remedies permitted lay paragraph Ig hereof.
<br />N1tN-Ukttnast Covatvarrrs. Borrower and Lemlcr turtttsr covenant and agree as follows:
<br />li. AccelsrrtDari AeasadMs, yacspll ao provided is paragraph 17 Aeraat, upon Dorrovrat~s 6reacM of say covaatart ar
<br />ag~glaQ of Derraarar a Hls Mwa. hsclutting tMe eavattaatc to pay wAta dos say saaassa trtcered by this Morfpga,
<br />Lt~llar pier to >k ttittM tttt~ eotlee to iursower as provided 6s puttprgM 11 based apecityias: tl) the hteacM;
<br />(~ qtr +eiwt. a cars etch Mseat:4: i3) a data. was last tint 3i days from tMe date tfw[a entice b wailed to Dorrowar.
<br />iy ~11iiRh srttlt Mweis asst its erred; ahd idl Hw (mare to cure sucY braacY oa oc 6stotne ~a date specliad is tltu uoHce
<br />tyy raatrlt.Gt uebdsradisu at die saws secuabtl by His 119ottitaes, toreclosrre by judicW psocesditq sad aide of tits Propsriy.
<br />'I1te ttraq€t: sWi fedYbr iwCotta Dot;tv-w~ac of tfrt r1gM to reiw;tafs wiwr accekratfoe ad Hs r1i~Yt to ttasert fa Hs toreclos[tre
<br />pi~ecp~ihts Nis ~e d • dsftwk or say otltar detetutt at Eorrawar H accelsaatiwt wud'toreclowre. It tYs tixcach
<br />is tpt stein! ttw of Ye(wa Hb data specifed Ica tlttr aotke, Lewder a! Leader': optba may declare arl of the scars ~ttcbd !ry
<br />tW b lee ~aaedirtsty dub wad payable wltAout ltsttYer demand wad may foreelosa lny Jrdlciat pracecdlstti. [,ceder
<br />aratii its! eag0sd M eaYcet H sual- peoeebtBrt aA eaprasea of Eareclosare, iueludlwt;, but sot HiariEed to, cosh of docaaxatery
<br />avliastsa. ttilitttrrb4i astd tltla nRac4,
<br />Ifl, iiarrowse`s ~ to 1tsMtMala. Notwithstanding f.ettdat`s acceleration of the suarts secured try this Mortgage,
<br />llortt2wa_r alts!! Nava ebb to have any prareedings begun by (.ender tea enforce this M¢r~asc diacuntinurd at any time
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