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<br />Lt:ader's wr'itien agrxta+mt ar applicable taw. Borrnwxr shall pay the amaurrt of alt mortgage insuransx prerniutns in the
<br />manner provided urrder paragraph 2 hero,
<br />Any atriouau dis~rrstd by Laauer pursuant to rltis paragraph 7, with interest thereon, shall biome additional
<br />indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such
<br />arrxtuats shall he payable upon rraitx from Lrndtr to Borrower requesting payment thereof. and shall bear interest from the
<br />data of dmmbarsemerst ai the n~ payable from time to time on otnsiartding principal under the Note unless paytmat of
<br />interest at arch me would he contrary to applicable law, in which event such amounts shall bear intertst at the highest rate
<br />p ratisa'bk under applicab}t law. Nothing cortiaitud in this paragraph 7 shall require Lend to incur any expense or take
<br />any action heeettader.
<br />>l. /atapeetiaw. Lander may r...Ye or cause to be made reasonable rntries upon and inspeMions of the Property, provided
<br />that Leer shall give Borrower notice prior to any such inspection specih~ing reasonable cause therefor related to Lender's
<br />interest in the Property.
<br />9. Coadamptlaw. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condtattnation 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 taking of the Property, the proceeds shall be applied to the sums secured by this Mortgage.
<br />with the excess, if any. paid to Borrower. fn the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Mortgage such proportion of 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 />eking hears to the fair market vair:e of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower. or if, after notice by Lender to Borrower that the condemnor 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, Lender is authorised 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 pracceds to principal shall not extend
<br />or postpone the due date of the monthly installmrnts referred to in paragraphs 1 and 2 hereof or change the amount of
<br />such inatallmerrts.
<br />10. )sarrowp Na4 Ralearad. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Mortgage gnrtted by Lender to any successor m interest of Harrower shall not operate to release, in any manner,
<br />the liabifily of the original Borrower and Borrower`s successors in interest. Lender shall not rte required to commence
<br />proctediwga against such successor or refuse to extend time far payment or otherwise modify amortization of the sums
<br />smcueed by this Mortgage by reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />11. Rarbaatssscs by [.asdts Not a 9Y~rer. As•.y forbearsnee by Lender in exercising any right nr remedy hereunder, or
<br />atharwiae aAtrrded by applicable law, shall not he a waiver of or preclude the exorcism of any such right ar remedy.
<br />The procurement of imutauxre or the payment of taxes ar other liens or charges by Lender shall eat he a waiver of Lender`s
<br />right to acceknte the maturity of the indebtedness secured by this Mortgage.
<br />12. Reassdkr Ctaidre. All remedies provided in this Mortgage are distinct and cumulative to any other right or
<br />remedy under this Mortgage or affardcd by law ar equity, and may he exercised concurrently. independently or successively.
<br />13. 9acceraea ant Aaatps tltoaatd: Joist and 5kveral i.iabHity; Caplbas. The covenants and agreements herein
<br />contained shall bind, and oho rights hereunder shall inure to, the respective successors and assigns of Lander and Borrower,
<br />subject to the provision of paragraph !7 hereof. .All covenants and agreements of 8arrower shall be joint and several.
<br />The captions and headings of rite paregraphs of this Mortgage ere far convenience onto and are not to he used to
<br />interpret or define the provisions hereof.
<br />14. Notice. Except for any notice required under applicable law to be given m another manner, (a) any notice to
<br />Borrower provided for in Phis Mortgage shall he given by mailing such notice by cacti@ed mail addressed to Borrower at
<br />the Property Address or at such other address as Harrower may designate by notice to -.ender as provided herein, and
<br />(b) any notice to I~nder shall be given by certified mail, carom receipt requested, to Lender's address stated herein or to
<br />such other address as Lender may designate by noticm to Borrower as provided herein. Any natice provided for in this
<br />Mortgage shall be deemed to have lmn given !a Borrower or l.ettder when given in the manner designaeed herein.
<br />133. Utaftraa>• ~: twvarrrlrtZ l,aw; iisvsrabHity. This farm of mortgage cotnbittea ttnifatm covenants far national
<br />tray sad Hatt=uniform covenantx with )united variations by jurisdiction to constitute a uniform security instrument eovaring
<br />rc~ property. Thin Merrgate shall he ttuvereted by the law of the iursdiction in which the Property is located. to the
<br />anent that any pravtsiotr ar clause of this Mortgage or the Nate conflicts with applicable law, such conflict shall eat af~rxt
<br />atltar prov€tts r tfics ?~i~g-se= _-rr tl" ''late svhveh can t~ given mfftct wishcsut the wnf!'sciing provision, and to this
<br />mod the nrov11s1on of rite Marteatc and the Nate arc declared to be severable.
<br />ti. lrHrs~•'a i:ers9. S9rrawer shall be furnisned a conformal espy of the Nate and of this Morigag;; at the tirrtc
<br />of eaecutistn nr after recordation ittertaf.
<br />17. 1laaarer or tie fatvprtY; AawsaNiow. If all or any part of the Property or an interest therein is sold or transferred
<br />by Hwrower without Len~r's priar written consent, excluding (a) the creation of a lien ar rncumbnnce subordinate to
<br />this Mortgage, (h) the creatitxt of a purchase money security internal for household appliances, (c) a tnnsfer by devise,
<br />descent or by operation of law upon the death of a joint tenant or fd) the gent of any leasehold interest of throe years ar less
<br />eat containing an aprion to ptrrchaae. Leader may, at Lender's option. declare a!1 the sums secured by thin Mortgage to be
<br />immediately due and payable. Lender shall have waived such option to accelerate if, prior to the sale or transfer, i.ender
<br />and the: person to whom the Property is to be sold nr transferred reach agreement in writing that the credit of such person
<br />is satisl'actary to Lender acrd that the internist payable an the sums secured by this Mortgage shall be at such rate as L.ertder
<br />shall ttsgttp6 ]f Lender has waived the option to accelerate provided in this paragraph 17, and if Borrower's successor in
<br />irtlaraat has exeeut~ a written arutnptian agreetrteot accepted in writing by Lcndet. Lender shall release Borrower from all
<br />obligatioaa under this Mortgage sad the Note.
<br />If C.emder exercises stash option to aecelente, Lender shall mail Borrower notice of attrclantion in accordance with
<br />ptrral{nph 14 here<,f. Stich notice shall provide a period of eat less than 30 days from the date the rwtke is mailer within
<br />which Borrawor may pay the sums declared due. If Horrawer fails to pay such sums prior to the: expintian at stn'fi period,
<br />Leader may, without further noticm or demand on Borrower, invoke any remedies pcrmittad by paragraph Ig hereof.
<br />Note-Ut+ttrortM C'QVgNANTx. Borrower sad Lender further covenant and agree as follows:
<br />llt, ~ iftaarailw. lliacssPt as prstrffiisd ~ paratgrttpit 3~ baraor, upaa ~ewres'a bratrab of trop eon ~
<br />t g! ~ la !bb Mtg. irtclntritstf the c2vewawta to par wbea dre any sear aecnaad by this Morfi~c,
<br />l.atlitrl~ M ascNsealiae taW ataiA saris to dorrtssver as provided in patatsrayh 14 beeeot apcitYk~g; f1) tie brtacb;
<br />(;)! #Ra tecBaat tgairai f+a cotta recall kaaebt f3) a dark, wall ks thaw 30 days rem the date tie nath'e ~ matted to !lia~rawer,
<br />by taii~ seat ita~slt wtttR ie caaaii and {#} tbatt [ariiae to cure salt bnvcb w a b~ere the dike slteMed iw rice natice
<br />artg~ ottarq ~ taaxaknMtas of tot war aacnred by tlda MnsltZetge. twtctaaum by jardlcW prtcecyliats ea/ ask o[ the Prereaq.
<br />'Ctrl ateiat situ rrMbrr iadtastt larrtawer or tba trlgYt to ttiawAate art?ar accakrarliaa sad the rl[tit to crest ~ tbs foracltwre
<br />ltsgatttMaH Het ataar•a~:lalartta swt a daratdt w wY otbar tMranst o[ Darro+ver to accekratitw awl foreciawra. If tba breach
<br />k tta4 eani ott ter bloat Me tkae sPtcllttt k tie waltee, Lanier at I.eatslu's olstbw rwaY declare ail of the atwr aeavaad by
<br />tale ~ M mealy tiaa ttai r.YsMla wdliriat rwtber deaaawd assn rwn rorecltre by }rsdic-al prectaaitri, l..ertder
<br />slat M aaMtlsrl M ca~tcl rM snsb <:rnra+Atttll aM espawaea of toraertwra, ietlwlktZ, tsstt trot HmWd tv, cwa4s rat docamarmdry
<br />a+lttae-r. aistraara sari tlMe ra;)tarls.
<br />t~. #arwawta >Riilsr m Biairsttsibr- Notwhhuandinp Lender's acceleration of the sums secured by this Mtxtgage,
<br />aarrotrar sbaH haea tba rl~tt ro loom any proceedings begun I+y Lender to enfs,rc~ this Mortgage discautintmsl at any time
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