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Leader's written agteanertt or applicable kw. Borrower shall pay the amount o[ dl mortgagfe.iosurartoe psamittmt im tbs
manner provided under paragraph 2 hereof.
Any amounts disbursed by Lenckr pursuant to this paragraph T, with iater+est theroon. shag become atiditionsl
' indebtedness of 8orrovrcr secured by fhb Mortgage, Unless Borrow~~i~ Eqt~agree to other terut: of payrmemt. such
amounts shall be payable upon ndkc from Lender to Borrower requesting payment thereof, and shall bear interestrtoet the
date of disbursetttettt, at the rate playable from tints to time on outstanding principal under the Nob rrrAess payamt of
interest at such rate would be contrary to applicable law, in which event such arrauab shad bear ialetest at the hiatesR rage
permis:t'bk under applicable law, Nothing contained in this paragraph T shall requiro bender to itrtasr say e:petste or tab
any aMian hereunder.
1L i-ender Wray make or cause to be made reasonable entries upon and inspections of the property. pr+o~rided
that Lender shall give BoroMrer notice prior to any such inspection specifying reawnabk caress therefor relabel b iatdxlt
interest in the Property.
ComiewsnAsm, Tht: proceeds of arty award or claim for damage:. direct of ootrsegtretNial, is a+oosettba with asy
condemnation or other taking of the Property. a part thereof, or for conveyance in lieu of oorrdemnatan, are hattby attigmed
and shalt be paid to [.ender.
in the event of a total taking of the Property, the proceed: shall be applied to the sums stxured by this Mortgage,
withthe excess, if any, paid to Borrcwrer, in the event of a partial taking of the Property, unless Borrower and Lender
otherwise sgr+ee in writitKt. there shall be applied to the sums secured by this Mortgage such proportion of the pt+ooeedr
w is equal to that proportion which the amount of the sums scarred by this Mortgage immediately prior to the dab d
taking bears to the fair market value of the Property immediately prior to the date of taking. with the balartoe o[ the p+ooeeda
paid to Bort+owror.
if the.1!roperty is abandoned by Borrower, or if. after notice by Lender to Borrower that flee oortdemaor oQen to trash
an award or seNe a claim for damages, Bom+Mrer faits to respond to Lender within 30 days aher the date such notice b
mailed. Lender is authorized to collect and apply the proceeds, at Lender's option. either to restontioct or tapair o[ ttse
..Property aA`-to the Toms secured by this Manttage.
Unless, Lettde~ and Borrower otherwise ague in writing, any such application of proceeds to prnrcipat shall not ertlemd
` or postpbnr the due date of the monthly installments rreferred to in ptaragraphs i and 2 hereof w change the smtourtt of
such ins~allrrrgpts.:
1~ Not Reiasei. Extension of the time for payment or modification of amortization of the :twn segued
by this Mortgage granted by Lender to any successor in interest of Borrower shall not operate b release. ht say manner,
'the liability of the original Borayrer and Bc?rrawer's sttceessors in interest. Lender shah not bra required b commence
proceedings against such successor or rcfttse to extend time for payment or otherwise modify amortization sf the sums
secured by this Mortgage by reason of any demand malt: by the original Borrower and Bormsret's staccewors in btterest.
11. Forlyearamce b lemier Not a Waier Any forbearance by Lender in exercising any right or remedy herwade' or
otherwise afforded by applipbk lase, shall riot be a waiver of or prochrde the exerr~se of sny such right or remedy.
The procatr,ement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waives of Larder's
right to accelerate the maturity of the indebtedness secured 6h? this Mortgage.
12. lten!eiiett R, Ail r+ernMies provided in this Mortgage ace distinct and cumulative b srty other right or
remedy under this Mortgage or afforded by taw or equity, and may be exercised ca,currentty. indepatdentiy or wcoe::ively.
' 13. Snea'earoes rani Assigsas >sottmi:.lout ami 3eesal iiabiffit~; Ca*iMss. The coveoaats and- agreements herein
contained shaft bind. and the rights hereunder shall inuR to. the.repective arooessors and of Larder and Borrower.
subject to the provisions of paragraph 17 hereof. Alt covenants and agreements of BomwNtr shall be joint and several.
The captions' and headings of the paragraphs of this Mortgage are for convenience only and are not to Ile used b
interpret or define the provisions hereof.
11. Netke. Except for any notice required under appHcabk law to be given in another manger. (a) any notice b
Borrower provided for in this Mortgagee shaft be given by mailing such notice by certifbd marl addressed to Borrower at
the Property Address or at such other address ss Borrower may designate by notice to iender ss provided herein. and
(b) any notice to Leader shall he given by oertifkd mail. return receipt requested, ro Lende>'s address. stated herds or to
such other addrres as Lender may designate by notice to Borrower w provided herein. Arty notice provided for in this
Mortgage shall be deemed to have bear given to Borrower or Lender when given in the manner desiprated herds.
IS. UmYerta Morgpttpe; Govertriyt Lsw: Seers6ility. This form of mortgage combine uniform covenants for national
use and ran•anifona covrnsnts with limited variations by jurisdiction to corr:titute a ttni[onn security iwtranttem eovaiag
real property. This Iortgage shall be governed !?y the law of the jurisdiction in which the Prorperty is located. la the
event that any provision or clause of this Mortgage ar the Note conflicts with applicable law, such conflict shsll not alkct
other provisions of this Mortgage or the Note which can 6e given eBect without the oonflidirrg provision, and to this
end the provisions of the Mortgage and the Note are declared to be severable.
lf. lotrowas's Comer Borrower shall be furnished a conformed copy of the Note and of this Mortgage at the time
of execution or after recordation hereof.
17..7lramster of tic properly: Aswtmpliwt. if all or any part of the Property or an interrat therein is :old a' transferred
by Borrower without Lender's prior written convent. excluding (al the creation of a lien or encumbrance subordinate to
this Mortgage, (b) the creation of a purchase money security intereq for housdrofd appliancxs. (c) a transfsr by devise,
descent or by operation of law upon the death of a joint tenant or (d) the grant of any IeaselroW irrteratt of three years or less
rat containing as option to puthase. Lender may, at Lender's option, declare all the sums secured by this Mortgage to be
immediately due sad payable. Lender shall have waived such option to accekrab if. prior b the sale or transfer. Lender
and the person to whom the Property K to 6e colt or transferred reach agreement is writing that the credit cif such person
is satisfacbry to Lender and that the interest payable on the sums sectored by this Mortgage shall be at such rate ss Lender
shall request. Tf Leader bas waived the option to accelerate provided in this paragraph IT. and if Borrower's sucoeaor in
interest has executed a written sssumption agreement sboepted in writing by I.ender. lender shstl release Borrower from all
obligations under this Mortgage sad the Note.
if Lender exercise such option to stxekrate, Lender shall mail Borrower notice of acceleration in accordarrc~: with
paragrap~lr 14 hereof. S~rch notice shall provide a period of not less than 30 days fear the dace the rtotioe is mailod within
which Borrower may pay the awns declared due. if Borrower fails to pay such wrens prior too the expiration of such period,
Lender may. without furtltar notice or demand on Borrower. involve any remedies permitted by paragraph tg hereof.
~ Na+-Urnt~orest Co~veH~wrs. Borr+oaver and Lender further ootienant and agroe as !oi{vws:
lfi. Atwier~ Rewe~as. Eicspt sa ~iiei V psrapapr 17 6eseaf. npsm liess11wae"a bs~sser of ary crsrsswstl er
apeetanmt sfr llsisswra r Ir4 Metlgsge. istisitsg the eo+~emsatys a !a0' wlrem dine amf swtst see~rsi b tltit Merlgrrge. iamier
psMr M aoaiit'rollsm skal mssB meAce M 1Resssrer as pr..liai r p.eayettpir 11 heseat speNtyi.gt (1) ire >kwek (~f tree aellsw
se~tritsi M etsre sscM reader ~ • tfiile. mat gas IMn 3A dqs trwm trs lie Ilte mstke It sstaiei M lfetsrwer. fr!' wYtr stsci
rs+aelt sasstt k ewes ani (4) gat failese M ewe stir 1Meaelr lass K ielete IMe Halt sptelBsi i Bye sretlet mtmy testlt Inv
aadenstlem e[ is wort seemtsi rf' ~ . issaxiesmre b M'x'w~ smi tole et tl+s >rs~erty. 'lire malls
srri fistber lsfbrts ierrewer sf Ire; tlgY M rel.slair affter sccdesedem ami Me rigrl M attest tin tits f~sretlsamst ptmess~ttg
lye aorexMsaoe of a ieta¦It K envy eAter ddsase et llorrawef' M aeede*atlsa seers issecMrswe. • Ate ftt~eser `ant emtM esr
w refire Are isle sNelMi V Ats aatlee. Lawler M I.emier~s Mti~w ~7' isetrnt tr ~ Ars aswtr stems/ y Alit Mestsege M >k ~
Iswmsedisklq line aryl wile wMMrd fymlrer iermawd aai wb7' haelsse flit Mes~ege r7' }/eisl ptaeeeiaR. Lewder else
k sallrsi N sNtet f+m seer pneeerBrtg r espemaa taf terseleswr, imelsirtg. rtmt reel ¦tr+Msi M. tesNasYs sricrrsieylt lea.
aai esslt of isesatassisry edieaee, aMraer ttssi tlAe sgetlr.
1!. >tesrawes'r R!<rt w Rsisslale. NotwithstsndinE t.ertder's aoodaation of the seers securtld br thy: Maryage. •
Borrower sitsQ have the right to have any proceedings heEun M' Lender to enforce this Mortgage discontinued u any time
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