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<br />Lender's written agreement or applicable law. dorcawer shall pay the amount of all mortgage insurance premiums in the
<br />mattrtcr provided antler paragraph 2 herwf.
<br />Any amounts disbtu3ed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional
<br />indebtedttrsa of 8otsawer secttred by this Mortgage. Unless Borrower and Lcnekr agree to other terms of payment. such
<br />amtxrtrts shall be payable upon notice from Lender to Borcower regttesting payment thereof, and shall bear interest from the
<br />date of disbursement at the rate payable from time to time on outstandmg principal under tine Note tmless paymeett of
<br />interest at such rate would be contrary to applicable taw, in which event etch amounts shall hear interat at the higher! rate
<br />permisp-Ale under applica~e law. Nothing contained in this paragr•ph 7 shalt require Lender to incur any exp~ecrse or take
<br />say action hereunder.
<br />!. Ie~ectlaa. Lender may make or cause ro be made reasonable entries upon and inspeceions of the Property. provided
<br />that Lender shat! give Borrower notice prior to any arch inspection specifying reasonable cause therefor related to Lender's
<br />interest in the Property.
<br />4. CoedemMloa. The proceeds of any award or claim for damages. direct or cansegttential. in connection with any
<br />condpr[nation or other taking of the Property. or part thereof. or for conveyance: in lieu of condemnation, are hereby assigtted
<br />and shall be paid to Lender.
<br />Ice the event of a total taking of the Property, she prncee;ds shall be applied to the sums secured by this Mortgage.
<br />with 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 shalt be applied to the sums secured by this Mortgage Birch 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 />taking clean to [he fair market value of the Property immediately prior to the date of taking. with the balance of the proceeds
<br />paid to 1orrower.
<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 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 attd Borrower otherwise agree in writing. any such application of proceeds to principal shall not extend
<br />ar postpone the due bate of the monthly installments referred to in paragraphs t and 2 hereof or change the amount of
<br />such installments.
<br />18. dorroarer Not Rdeaeed. Fxtenaion of the time for payment or modification of amortization of the sums secured
<br />by this Mortgage granted by Lender to any succesu,r m interest of BotTOwer shall not operate to release, in any manner.
<br />the liability of the origins{ Borrower and Borrower's successors in interest. Lender shall not rte required to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by thu INartgage 6y reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />I1. [torirarawee iy Leader Not a'Walver. Any farhearancr by !,ender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall rat he a waiver of ar preclude the exercise of any such right ar remedy.
<br />The procuremegt of insurance or the paytttent of tares or athet liens ar charges by Lender shall not he a waiver of Lender s
<br />right to accelerate the maturity of the indehtedneca secured by this Mortgage.
<br />12. Rsmerka CassaWlve. All remedies provided m this Mortgage are distinct and cumulative to any other right ar
<br />remedy ureter this Mortgage ar aHarded by law c+r equity. and may hr csercised concurrently. independently ae succes~sivcly.
<br />13. Saeenarwara eta! Attttypa Raaad; Joint attd Several I.iaiiNty; Captbtrs. The covenants and agreements herein
<br />contained shall bind. and the rights fiereundeer shat) inure a,, the respective successors and assigns of Lender and Borrower.
<br />subject to the provisions of paragraph 17 hereof. .411 covenants and agreements of Borrower shall tee joint and several.
<br />The captions and headings of the paragraphs of this Mortgage arc for convenience only and are not to rte used to
<br />interpret or de$nc the provisions hereof.
<br />li. Notice. Bxcept for any notice reyuirrd under applicable law ui bt given in another manner, tai any notice to
<br />Borre?we~ provided for in this Mortgage shall t±e given by mailing such notice by certified malt addressed to Borcawer at
<br />the Property Address or a[ such other address as Borrower man designate by notice to tender as provided herein, and
<br />(bi any notice to Lender shalt he given by certified mail, return receipt requested. to !.enders address stated herein or to
<br />such uttter address as Lender may designate b}' notice to Barroaver as provided herein. Anv rwtice provided far in this
<br />Mrwtgagr shad be deemed to have been given to tk,rrower nr i ender when given in the manner designated herein.
<br />1S. ltadtorat Altortgre(Re; t;aaeralsR l.aw: SevsraMiky. Thiv term of martgagr comAXttra unifnrtn covenants for rfationat
<br />u~ and tr~n-uniform co zn:nts a::tt: timitru' .°ariatia;ns :+v_ i'tr ~sdictiz+n ta+ eonstiu:tt• a uniform security instrument caverFng
<br />!'tai prrty. TAis Morigagr shalt ~ ~ tvtrtted tt}° the law of the juri>ialictian ice which the Pralmrty is tr+t:ated. In lice
<br />overt that any provisia,n ar claitsc of this Mortgage or the Notc cnnsiicts with appticat?tr law, sttch catntiicr shalt rat at~ecf
<br />:~:.,.,, r;,Yvis~tts to 'ties 1<'lcrtt4ag;~ .. •ttr Natr whe;:h a t !~ given t!fe€t wittia,,:t the ~.ont!iFting, pn:vison. ,:.^.d !o this
<br />end the provisions of rhs Mortgage and the 'stole are declared to he severable.
<br />1tL. Sarroavera Copy. Borrc,wee she{l :,e fitrnishrd a canfornted copy of the \ate and of chi, Mortgage at the titre
<br />of ettncution or after rccordatian hereof.
<br />17. Trader of tie Property; Assamptien. If all or any part of the Property or tm interest therein is sold or transferred
<br />by Borrower without Letder's prior written consent, excluding tat the creation of a lien ar encumbrance sutx+rdinate to
<br />this Mortgage, tbf the crcailon of a purchase money security interest for heusehald appliances, (c) a transfer by devise.
<br />descant or by operation of law upon the death of a joint tenant r+r idt the grant of ant leaschald interest of three years ar less
<br />not containing an option to purchase. Lender mac. at lender's opton. declare all the sums see ured by this Mortgage to hr
<br />imtmdiately due and payable. Lender shall hear waived such opnon to acerkrate if, pricer to the sale or transfer. [ender
<br />and the parson to whom the Prapetty is to be sa!d or transferred rcaah agrremrntvn writing that the credit of such person
<br />is satisfactory Ice I.enakr and that the interrct payable r+n the sums .reared by this Mortgage shall f+e at such rate as [.ender
<br />sAait txgttr:st, if tender has waivr;al ills t+ptian t.. aereirrate pea.vidcd iu chi, ltitragraph t', and if Barn,wer's sttcc~sat in
<br />internal has executed a written assumption agreement accepted in writing by 1 ender, Lender shall releau Borrower tram all
<br />obligatittns urxkr this Mortgage and the Nate.
<br />If I.cnekr excreistx such option to aca°ckrnte• Lrndrr shall ntait Ba+rrowcr notice r+f a~celeratinn in arcantancr with
<br />paragrapts 10 itercctf. Such native shall prtrvidr a period of not Irss than fit days from the date the notice is malted within
<br />which tiorrawer may pay the sums decl:trsd dtx. If Barrawsr (ails ro pay such sums prior to the expiration of such period,
<br />Lender may, without further roller or demand on Burrower. ~nvukr any remedies permitted by paragraph IR hereof.
<br />tr"txs-tTxrgoataa C°ttxr~xniv~s. ik+rrstvrer and Lrndrr further coarnant and agree as ti+lh,ws:
<br />ii. Ate: Raaserisr. Raerpt ~ ptltidnd m prrarapA t i Aerrof, opoa Borrowers breach of ital roreaaut or
<br />tlRraataeat of iormsrer is !Alt Mortgage, iaa~AOttiaR tAe roaeaaals to pea" wiea doe say saes secured Ay tik Mortgage.
<br />tttaraa pttlrir to aecdntsilaa riuY t;aa8 nutlet to Rorwwav >m provided is patragraph ti Arreot specityiag: il} tAe brrarA:
<br />(2l sle ~riltrtt rprt4ard to sartr retch laraei; (J} a dale, cot Beat ttga 3tl days trotn tAe date tAe aotke is ensiled to Eorrower.
<br />1-y nilA wni isaaei taart is sitte$ lead {i- gull taYare to roue saeA brracb oa or Astute tie date sperilieed is tAe notice
<br />taaY+ t+wFait_[a ~ et ttx street secrrad trv tAbs 4lartga;e, foreeirnrare by jarirgl ptortadiatl sad sale of tAe Property.
<br />TM ttrlisr aAaq frrtisr itdttrm lorrawer est tits right to rriastate after accekratioa and tAs right to ttsrert in the foreclosure
<br />pttlWadtttR $te ana.taWracs at a dtrlaalt ar say wlber dettase of /ttnower !o acaekratMwt sad totxlorare. !f tie ArracA
<br />4 teat rtsrrad eta or 1Elgia fir rate specil6M is lie rtatice, C.eader >M Leaders rfptLra tsar ekrirnr aH of tie raaat secured br
<br />Nr1t}NatlpRt W it tatlaW~atsly des ear pttytrbie aaitAaw tattier deataar sad tttay tarecittrw iy }adFciat proceedlaQ. t.eatter
<br />~ itr r~attiNtar ter c~aYse9 is weR prortolditg afi txpsttses ~ forrcMsara, iarladLig, Ant cot litttked ta, costs of docuoealuy
<br />rtsid~. ttttt reel! ti~He a~patras.
<br />11. ~ Rf8Y1 tR Rtt4alaM. t*totwithstandina l.rruler'c atcrkta.atn ut the` sums srcurted by this Mortgage.
<br />Bartt>wrr' shalt hays the-ri8ttt to base soy pra:radings t+ngtur hY tender tea rnforsx this Mortgage disc-onten[reai at any titer
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