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s written a rsement or applicable law. Borrower shall pay the amount of all _ ~`nsuraip~~~i~ in the
nyL
n~r?er provided under paragraph Z heroof.
Any amounts disbursed by lender pursuant to this paragraph 7. with interosi •lhsrson, shah become additional
Indeblednsss of borrower ieGWSd by this Mortgags. Unless 8wrower and ls_nder agree to other terms of payrnsnt, such
amounts shah bs payable upon
notice trOfn lenasr b Borrower rOquOitu {ter l IW-il i, w. ~It, ai iii OI iiii ii
i:iir: ws is zsz:: ss s.s
dINS-of dlsburssmsnl-et-lM-rate, pgyAgl~,~pgp?i tg~i~ itlSk~ptX4,l tt~sslote•unisss-paYrnsra~4t-
interest at such rate would be contrary b apPlilaw. iii event amounts ahal bear interest at the highest rate
psmnfssible under applicable law: Nothing contained in this paragraph 7 shall require Lender to incur any expense or take
~.,,,'..ann ~ro.wi~r.
b. Inspeallon. Lender may make or cause b be made reasonable entries upon and inspections of the Properly,
provided that lertde[shall give Bomower notice priorto anysuch inspectbn specifying reasonable causethereforrolated to
Lenders Interest in the Pr~m?•
The proceeds of arryaward orclaim brdamages.direct orconsequential, in connection with any
condern(~atiott Or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, hereby assigned
And ahaN-b4 paid.b Lander
:fh,µy event of a total taking of the Property. the txooeeds shah be applied b the sums secu~'id by ~his~ortgage.
vritti ~ ems, li any paid b Borrower In the event of a partial .taking of the P(gpe[ty,~less 80rro~ add Lender
otlfsrvrise agree in v~[iting, there shall be applied to the sumuj~sdgy itt ~ ~~dia pn ~of the p~~
- itil ls.tgjAeal, ptKlpprtion which the amount Of the sums~sa~cui$r ythi~~irtocrrtge tety prior to the date of
tpak~j~bdir'a tofair rparket value of the Property immediateyprior b the date of taking, with the balarxe of the proceeds
`((thS~~pperty~~spafldoned by Borrower;'or if, aher notice by Lender to Borrower that the Condemnor offers to make
an awarli,,g4;ieplb a claim for damages. Borrower fails to respond to Lender within 3o days alter tt+~ date such notice is
mailed. Lerider#iIF~ tp~dbllbtt'~1d a~pAy~~hd ~rdc~e~tl~~slteriderrs~optidri; biller to res~ora~6n'or ~epai~r otthe~
Property or b the sums secured by this Mortgage.
. t1~ Lander and borrower otherwise agree in writing. any such application of proceeds to principal shall not extend
orpp4tponaalM.dt~.date~of the. rrtonth~atatalb~is.~elliad tEt 1R31Naig[;1~:4~2 44+~.~atro~l(:Af .
such in$tellmentS. ;~1i- a.,:A~i'. ;G i-~8,i}:r : i-r` r; 't:: <i, rj •r,>. , , e c
10. son~ower Mot RNeaeed. Extension of the time for paymentor modification of amortisation of the sums secured
by this Mortgage granted by Lender to any successor in interest of borrower shall not operate to release. in any manner.
the liability of the original Borrower and Borrowers successors in interest Lender shall not be required to commence
proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums
secured this Mortgage 4Y reason of any demand lnacle by.the Original EoROwer and Borrowers successors in interest
11. fayL+sader Nota Walwr. /knyforbearance byierxierinexercising any rightor remedy hereunder.
or ;othanwise attorded:fir, IaWe €~IL ttgl;t~e. $,vftuver of or preclude the exercise of any such right Or remedy.
The proaurea~eM of lr~l~ra~e~-paYrt>@!it ~ a o~ l~ ~ by t~etader shall nqt fie a wsiiv~ of,,~enders
right.t0 ac ~ maturity of the indebtedness secured bit this fiA
- 1 Z. filNwrai~ Curnutatlw. All remedies provided in this Mortgage aTe dlsUnCt and cumulative fo any other right a
remedy underthis MortgB~ge orafforded by laworequity. and maybe exercisedconcurrently, independently or successively.
13. strccsesas and Assigns Sound; Joint sad 8etraral LJabiNttl: Captions. The covenants and agreements
herein contained atiaN tiirid;~ and~the- rights hereunder sfial<It""intlr8 ~ 'ttie~ taspective suix~SOrs 8ffd ~sigrle~of
Lender and borrower. subject b the provisions of paragraph 1.7 hereof All covenants and agreements of borrower shall be
l 'pint and several The captior?s and headings of the paragraphs of this Mortgage are for covenience only and are not to be
used to interpret or define the-provisions hereof. _ _ - _ _ _ -
14. Notice. Except for any notice required under applicable law b be given in another manner, (a) any notice'to
Borrower provided for in this Mortgage shall be given by mailing such notice by certified mail addressed to Borrower at
the Properly Address or at such other address as Borrower may dosig~ate by rwtice to.lender as provided herein, and
(q arty no~rxht~o Under-shalt bfl~Men.by Qer~itied mail, retumTeoeip~nrr4 v~B¢, to Lw1`Ei:~ddross statecther~ein or W
such other address as Lender may designate by notice to Gorr` as pro Weil 1~retr?. Any notice provided for in this
Mortgage shall be deemed b hive been given to Borrower or Lder.when given intt~e manner designated herein.
1 S, N~ltQ[!r! ~mlrq Lsvr, t3awraWlilr. This form- af_mortgage: ffombmes;uniform _covenants for
natiorlalpse•~tnd rage-u~ nifor~n c6w~ants ynlh limited variatio by itlrRd+ction,b con~tWe a onifotm urity instrument
covering~real properly. The state and local laws applicable to~s Mortgage shall b~~ie laws of ttiA' jun I lion in which
the ~'roperty is located The foregoing sentence shall not limit the ~plicability of federal law to this mortgage. In the event
that any provision, or clause of this Mortgage or the Note conflicts with applicable law, such conflict shall not affect other
provisoes ot.fhis Mortgage or the Note which can be given effect without the conflicting provision, and to this end the
provisions of the laortgage and the Note are declared to be severable.
- 1d: borroMr~l~.a;Cppy. BQrrower.shill be.fumished a conbrmed coPY of the Note and of this Mortgage at the time
of execution or after recordation hereof. -
17. Tgf 1~! Pr~41: ~+!!iR~~• If all orany part of the Propertyor an interest therein is sold or transferred
by Bofro+rtleic=~ ers:pdRr wtitlen cpryggnL.excluding{~ the oreatlon of,.a.iien or;encurribrance.a3kporajinate:b
this 11AQ~t~e. lby t119 creation of,a p4K~~1e'!l security,interest for household appliances. (q a transfer by devise.
desc.ertt o~ratrai s?i~aw 4Pon_the deatjt of ill!~1M ~t4rtt q.({~tShgAr~tq};any leesef~old in _ toJ three:kears or less
P~~!s~YE~~-1's~Kl~~!a~elllhe8urtlsa@Ciif bafthraMttrtgagein.be.
not ccntau~tng tg
immediatey due and payable. Lender shall have warred such option to accelerate it prior to the sale or transfer. Lender
and the pe?eon to whom ~e-~Propbry is to bs.soltt~6rtranstemedroach agroernent Mt wrifing ttwt ~~oredita isud?per~on
is satbfactoryto LenclerandthaWhsinterestpayabftiof?ifts-:trdro secured bythis MorQgag9'shall tie atduch n~lsaa fender
shah request If Lender has w®ivsd tlN opf3or}i~ accelerate provided in this peragmplN 7, and H Borrowers srroeesea in
intertaet haers~oesuts~d aerrNbnassta<npti0r?sgreearentacceRiadanwrMinQbyL,slider, Lenda'shaN tromall
obNgatiwowns~wu~n~d.,e,,r~,this~M~o~,r~tgyayg~e~a~nd the Note. .a~. t.
ff 4Q.w~s Wl~.~~iWi. v!^^^' t~YWOR.~iQi~t.~n/V. oiwtli~'ai~iviti w..~:°~ .~ww ~ s..cw~f' i~=a~1Wi~M~~i~
paragraph 14 hereof: Such notce ahaN provide a~period of not less mat30 days from tM dell the rrotioe is mailed within
which Borrower may..pay=the sumsrdedared due..lf~8oao4vsr fails b pay such sums prbr to the expiratbn of such~psriod,
Lerfder, may. without futiher ratios a~demand~on 8ortewe?; invoke any rornediss pe?mitisd by paragraph 1$ ~eroof. .
t~ON-UNI~ORt~1 CdVENANTS'~orrowerand~L;fu_ rti~er coyenantand~a~ree as [ollows;
- ;1 tit. Xocaieration; Ileraedtei~ as provdlded ip persgrapA ! f herrof,~ upoA fiarrowe~'a breach. of any
cow .~P! ~!~r+dt~~~:p4a?rrhgn -_...l~fwnrstreQUad -
by _ - inratl nottcs to ~row~s~is proovided t~paragrsph 14 hireof
spsa~tn~c i~ !hi bewrch;{~ fire ~!!on rwtWnd to can aart+,b; t~) a 4ate. naa N~,~M;~ ~!!IS fora the
ds~ta.tNe bm~dsb doiroM»t. t~rsfht~ct~suvh~reac4i.~t becw~:4) t~tfbtluer cu sychbreach
on oir brrtone tiN.~fate wed la-.the. rtgM®# a~rttar _ .tie 4urAs s~aurr~~ M..wtYa~.
udtclal _ Int'grtM1!~~p~rr~o±r~c~otlfwsiotlt>Do
b~?1.. .~dt~efphtf~a~'le earexi4alrgo~'~d~It
other a•ie.o~ ' ~ _ ~i b~-noftbt±ni~ ~ ar bi1~!'~i• s
• w ~ ~ ~ - a~~~. tfid.l~f is b0. t~
i~:~+a~rsf~a b. «a.a io ~ t~ su~`"~ `a - : V : . u~t1; evs iof
rrasoaabte at~oraet/e fees, sad costs of doeuat~eary evlderr~. abstrae4s sad tiNe reports.
13. 6orrat~t?ere Right to Itelnshte. Notwithstanding Lenders acceleration of the sums secured by this Mortgage,
Borrower shall have the right to have any proceedings begun by Leader to enforce this Mortgage discontinued at any time