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Home My WebLink About2983 a . Leader's writua sgreeraeat or applicable leer. Borrower shall pay the amount d sq rnortgag0 iosttraaoe pnpairtats is trs moaner provided under paragraph Z hared. • Any amounts disbursed by Lender purswat to this parasrapi~ ~ w rmt thereon. d[aN becana additional itrdebtedrtea of Borrower sxuted by this Mortgage. Unless Horrowtir.l~agree to other torero d payment. wob amounts shah be paysltk upon mice from Lender to Borrower requesting payment thereof, and shah bear interest fnosa the date of disbttnartatt. at the rate payable from time to time on outstardi<tg principal under the Note unless ps~ttaest d interest at such rob would be contrary to applicable law. in which event such amounts shall bear interest N the biEhat rats penrtiaibie alder applicable law. Nothing contained in this parsgraph 7 shall require I.atder to iautr soy expense otr talcs any action Neraiader. i. Vs~eelisa. Lender-may make or catae to be made reasonable entries upon and inspections d the PropeAy. provided that Leader shall Give Borrower notice prior to any :rtclt inspection sptxifying reawaabb cave therefor related b Leader's interest in the Pteperty. Coaiea[¦sllea. The proceeds of any award a claim for damages, direct or oortsequtatial. in ooruteaioa with anT condemnation or other taking of the Property. or pars thereof. or for conveyatttx in lieu of oortdannation, are htxedy assigned and shall be paid to Lender. In the evert of a total taking of the Property. the proceeds shall be applied to ttte sums secured by this Mortgage. with the excess, if goy, paid to Borrower. In the event of a partial taking of the Property. unless Borrower and Fender otherwise agree in writing, there shall be applied to the sums secured by the Mortgage such proportion d the prot,~eedt ss is egwl to that proportion which the amount of the sums secured by this Mortgage irnatediatdy prior to the date d taking bean to the fair market value of the Property immediately prior to the date of taking. with the balsrtce d the pooeeds paid b Borrower. If tie .)property is abandoned by Borower, or it. after notice by Lender to Borrower that the oortdessaor ofkts b rratoe a4 swirl or settle a claim for damages, Borrrnver fails to respond to Lender within 30 days after'tbe date such notice is inailed. Lender is ~ertthoriaed to collect and apply the proceeds, at Lender's option. either b tasi0tati0st of tgtsir d tM Properly or to the Burns secured by this Mortgage. Unless Lender end Borrower otherwise agree in writinE, any such application of proceeds b priaeipa~ slts8 not extol or postpoire the due date of the taonthly installments referred to in paragraphs 1 and 2 hared or change the aasouat d such installments. lt. >issrswer~Net Rslasd. Fattension of the time for payment or modilkation of antortiution d the sums seemed by Rltis Mortgage psutted by Lender to any armor in interest of Borrower sha11 not operate to release. is arty . the liability of the original Borrower and Borrower's urocessors in interest. Lender shall not be ngttinal b oonarte+toe proceedings agairat such srreoessor or refuse to extend time for payment or otherwise modify arrtortizatiort sf the sums secured by this Iortgage by reason of any demand made by the original Borrower gad Borrower's srrooasors in interw. f1. Fsriea*aace b Leailr Not s iHairer. Any forbearance by mender in exercising arty right or remedy ha'aatdet. or otherwise afforded b+y applicable law. shill not bt a waiver of or preclude the exercise d goy such right or ternedy. The procurement d instuaooe or the payment of taxes or other liens a charges by Lender shill not be a waiver err Leaders right to aceekrate the maturity d the indebtedness secured 6i? this Mortgage. 12. ltea~eifes CaNlalwrG Alt r~errtedies provided in this Mortgage an distinct sad cumulative b gay other right err remedy under this Mortpge a sf[orded by law or equity. and may be exercisod eoacrtrrpttly. irtdepatdeatly or wooesWVdy. ' lE. B•oeasers sari Astgas liesrtdt Jsisl srsd 3everai i.ia6irgr; CaMAsas. The ootKUSSb gad apeeaeesb Mein contained shall bbtd. and the rights hereunder shall inur+g to. the respective sttooessors sad sauigrts of Lender Bpd Borrower, wbject to the provisiorn of psngraph 17 ltereot. All oa+?enants and ttgreerttntts of Borrows shag be joird and several. The captions' and headings of the paragraphs d this Mortgage are for eonvea'tertee Doty and are not to be used b interpret a defhte the provisions hereof. 11.. Nstla. Except for any notice required under applicable law b 6e given in saotlter manner. (a) gay notice b Borrower plavided for in this Mortgage shall be given by mailing wch notice by otrtifled mark addressed to Borrower at the Property Address or at such other address as Borrower may designate by rtotioe to Leader as provided herein. gad . (b) any notice b Larder droll be given by certified mail. return receipt roquested. b I.atdp's ddress, staled bpein or to such other address es Lender may designate by notice to Borro+vet es provided herein. Any notice proa?ided for is this Mortgage shall be deemed to have been given to Borrower or Lender when given le the meaner desiptsped hereb. iS. Ualfsrss tllistgaat: GNeraiaR istrs Severa~ily. This form of mortgage combines tsaiform ooveuartb far aatioaal use and non-atiform eovatsrtts with limited variations by jurisdiction b constitute s trmfotra secarity ittstrturteet ot>reraK real property. The Mortgage shall be governed !ry the law of the jurisdictioe is which the Properly is located. is Ate event that arty provision of clause of this Mortgage or the Note oordlicts with applicable Lw. wch collier shall not sped other provisions of this Mortgage or the -tJate-which can bt giver effect without the oordlidirtg pron?ision. and b this end the provisions of the Mortgage and the Note are dxlared to be severable. li. >issnwsrs CsA. Borrower shs11 be furnished a conformed copy of the Note gad d this Mortgage at the tiara d execution or aher recordation hereof. 17..'6a¦srer d Asa Tsrpesys Awwr/t1ew. 1f all or any part of the Property or sn irtiaest therein is sold or traroterred by Borrower without LRnder's prior written consent. excluding (a) the creadoa d a lien or eaaartbrattoe wbordinate tD this Mortgage. (b) the creation of a purchase money security interest for ha»ehoid appliances. (c) a transfer !ry devise. descertt or bq operation of law upon the death at a joint tenant or (d) the great of aey kaseltold inta+est of three yeah or ten not eodaining an option to purchase. Lender may. at Lender's option. deelue all the sums segued by this MortpBe to be immediately due gad payable. Lender shat) have waived such option to aooderate if. prior b the sale or transfer. mender and the person to whom the Property it to be soW or transferred reach sgreerrtntt in writing that the credit of such person is satisfactory to Lender gad thu the interest payable on the suns secured by this MortgsAe doll be at such me as Larder shall request. if Candor has waived the option to aeoelerate provided in this paragraph 17. and if-Borrower's wc~oessor in interest bas extxtrted s written as:tunption sgreernent accepted in writing by Lender. Lender sba8 release Borrower from aB obljpttioas ceder this Mortgage gad the Note. if i~atder exercises such option to aooekrate, Lender shall rreail Borrower notice d aooderation in sti with psrspsptt 14 hereof. Such notice shop provide a period of not less than 30 days from the date the notice is maBed within which Borrower stay pay the sans declared due. if Borrower rails to pay such scans prior b the expiration of wch period. Lender Dray. without. fiuttter notice or demand on Borrower. invoke any remedies permitted by paragraph lg hereof. Nos+-IJt+ttaonut Cave>rwwrs. Borr~o*ra and Lender further ayvenaat sod spec as foBo*s: 1Q Aeedaslleal >Reeseies. ~ es N'es't i• lessosN 17 reseal, e*sts •srsewsr~ bseser et say ca~saa¦i ~ ttpee~at st>fsrswwsr r this Mssig~a, taelatiig tre eweaas/s N !~7 wren ttw ttsgr car aseasetl b Ai Meet~q [wader psis M sleaks.tla. scat sW tsaMce w ttisssrrwer as ~rslieti r p.ragr.pls 14 rssssl slseitytsp h) se heeelta t=) the .eA.. ssgslred M e~ss war tttreserl (3) • dsls. art Hess tlrsrt Mt ttgs frasa Ate dais Asa tsstke r tstttlW w lssswwer, h carter srser ttseseb ttatssi rs ass~cdi gad N1 asst tallwe M ease b ~ ! ~ ~ st tree 1rs~esty~'11is aetios aecs4eailea st t>re trews ssesssd b tW Mastgsge, >iW rrs~er I¦hrat il.nasr sl tre rydti M rei.aaie Grier sceelessAoa gad Ate right w sissnt i• tlse f~isselsssss ~saasisg se...~exlsie.ee.r. derai er ssty slier ddssste et Bernwer M seeekrttllea err rreA.s.re. tr Alt breaer is last aws~s/.. w 6dsra Ate dale speeYei is tie tasikw i.eader at I.eaiera ~MMa wq' dselsse ai d ire wese sae~ssi b tlltls Mestp10e ~ k tt~aiely die sail ~aik wltr..i is Wirer de.taae~ ~~is..se. taeltt+irtg. D.i .ei ~ R ~ r~~• tK sttilesd N eo1Nd is war'srteeedirtt exrta>«s a¦d eosis d dseiaaeadrp e+ideaes, slsosets arts NAe reperis. i!. M~wwss'le >RyMt M •sitssfsie• Ndwithstanding Lender's aoodetation d the sums sensed by thn Mortgttga. Borrower sltatl Gave the right to have gay proot:+edings heEttn Mr Landes to enforce this Mortpge disooatintted u gay time eo~~ ~~s P~~2~~