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' Leader's written agroarteat a applicable law. Bortorrer abW pay the aatouat o[ aN
. taanngr pravidod under' paragraph ~ herooL ~mO~° ~OOe P is t>te
Airy amounts disbursed by Lender pursuant to thL paragraph 7~ w ~ ,
~ tltei+eon, shall becorrts additional
indebtedneas of Borrowsr second by this Matgsge. Urtkss Borrower aril Lender agree b other terms of paytseat. sudt
amounts shall be payabk upon ndiec from Lender b Borrower roquesting payment thereof. and shall ben inttxest lion tM
date of disbursprtent. at rtes rate payable from time to time on oubtant~ ptmapal under the Note uttlect pai~asertt d
interest at such rate would be contrary to appiipbk law. in which event such wrtouab shall bar interest u the >td t~sle
permipibie under applicable law. Nothing contained in this paragraph 7-shall require Lender to incur any expatse or tdot
say action hereunder.
>R 1as~eeMes. Lender may make or cause to fie made reasonable entries upon and irtspectiats of fire Property. provided
that Le+der shah Siv~e Borrower notice prior to any such inspection specityinS eeaaonable cauee therefor related b I,atde~s
interest in the Property,
CrsiestssMas, The proceeds of any award or claim for damages, direct or consequential. in oorutectiot~ wilt asy
oortdeatnation or other taking of the Property. or part thereof, or for conveyance in lieu of oondeatnabon, are hereby assitrted
and shall be paid b Lender.
In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Maysge~
with the excess. if gay, paid to Borrower. in the event of a partial taking of the Property, unlae Borrower and Dander
otherwise agree in writing. there shall fie applied to the wms secured by this Mortgage suds proportion o[ the proeedc
w is equal to that proportion which the amount of the sums secured by this Mortgage immediately prior to the dale o[
taking bears b the [air market value of the Property immediately prior to the date of taking. with the balartoe of the pooeedc
paid to Botrawer. _
If the Property is abandoned by Bor.~ower, or if. after notice by Lenckr to Borrower that the condemnor oA~aa b make
an award or settle s claim for damagss, Burrower tails to rrspord to Lender within 30 days after'tlte date such notice it
mailed. Lender is authorised to collect and apply the proceeds. at iertder's option. either b restoration or npaii d trs
Property or to the sums secured by this MtxtRatre_ .
Uakss Lender and Borrower otherwise agree in writinrt, any such application of proceeds to principal shall not extesd
or postpone the due date of flu monthly i,tstallmrnta referred to in paragraphs.) and 2 hereof or change the ataotrat o[
such installments.
11. >icenwer Net 1Releacei. Extension of the time for payment or modifkation of amortization of the swss second
6y-this Mortgage grsnted by Lender to any sttooessor in interest of 8orrorver shill not operate to release. in gay canner,
the liability of the original Borrower and Bc~rrawer's successors in interest. Lender shall not be required b eotnmenoe
prooeedir,gs apirgt such successor or refuse to extend time for payment or otherwise modify amortization st the sums
secured by this Mortpge by reason of gay demand made by the original Borrower and Borrower's strooessors in Ltterest.
11. Ferresrasce b ltesier Not s Waiver. Any fortuannce by Lender in exercising any right or remedy lteratrder. a
otherwise aRorded by applicable law. shall trot be a waiver of or proclude the exercise of. any such right or remedy.
The procurement of ineur:ttoe or the payment of toes or other liens or charges by Lender shall not be a waiver of Lenders
:i~t to xcskrtt tlx n!'~~*it3? et the ittdsl+tedr,ess secured by this Mortgage.
iL ~ All tetrudies prov.'•a-a,,,,. r-'l;y a!~ ~incr and cumulative b anY other right or
retrtedy under this Mortgage a sQorded by law or equity. and may be exercised cortarrrattly, independently or, sttooemively.
iS. Ssecesatrs ssi Assipa Isetut~ .Toist sal Several Tjaftitj; Capdane. The eoveaaab and asreeaneuts herein
contained shall bind. and the rights hereunder shall inurq to, the.respective stroc~essors gad a~ of Lender and Borrower.
subject to the provisions of paragraph 17 hereof. All covenants and agrentta,ta of Borrower shall be joint and t+evtral.
The caption-and heading of the paragraphs of this Mortgage arc for convenience only and ate trot to lk used b
interpt+et or define the provisions hereof.
14. NNice. Except for any notice roquired .under applicable law to be given in another mar,tter. (a) any notice b
Borrower provided for in this Mortgagt shall be given by mailing such notice by certified math addrewed to Borrower at
the Property Address or at such other address ss Borrrnver may designate by notice b Leader as provided herein. and
(b) any notice to Lender shag he given by certified mail, return receipt requested. to Genders addnet, stated herein 'a b
such other address as Lender may designate by notice to Borrower ss provided herein. flay notice provided for in this
Mortgage steal! be deemed to have been given to Borrower or Lender when given k the manner des6ptsbd herein.
IS. Usttrr¦t Mosgptgc; Govessirtg Law; Serera6ility. This form of ntortpge combirta uniform covenants for rational
use and non-uniform covenantswith limited variations by jurisdiction to cortstitule sr w,itorm security iastrwrtent oosering
rat property. This Mortgage :hall be governed by the law of the jurisdiction in which the Property a )ceased. in the
event that any provision o? clause of this Mortgage or the Note conflicts with applicable law. such conflict sha8 not celled
other provisions of this Mortgage or the NMe which can be given eQect without the conflicting provision. and to this
end the provtsiotts of the Mortgage and the Note arc declared to be severable.
iii. lirtnwerls Ce ff. Borrower shall be furnished a conformed Dopy of the Note gad of this Mortgage at the bate
of execution or after recordation hereof.
17.."ihs¦ster rt are !sr*esty; Assrtst*tios. if all or any part of the Property or an interest therein is sold or tramerred
by Borrower without Lerder'c prior written consent. excluding (al the oration of a lien or encumbrance subordinate to
this Mortgage, (b) the creation of a purchase money security interest for household sppliartoa. (c) a transfer l+)? device.
descent or by opeation of law upon the death of a joint tenant or (d) the great of any ieasdtold interest of three years a less
not containing an option to purchase, Lender may, at Lender's option. dectarc all the sums securod by this Mottpge to be
immediately due and payable. Lender shaft have waived such option to aooderate if. prior b the sale a trap:ter. Lender
and fire person to whom the Property K to be sold or transferred reach sgreerrteat in writing that the credit of wch person
a satisfactory to Lender aril that flu interest payable on the sums secured by this Mortpge shall be at such rate as Lender
shall request. if Leader has waived the opion to accelerate provided in this paragraph I7. and if Borrower's streoeccor in
imerat has executed a written assumption agreenteett accepted in writing by Leader. Lander shall release Borrower front all
obijptiors under this Mortpge aril the Note.
tf I.ertder exercaes such option to accelerate. Lender shall mail Borrower notice of aocekration in acoordar,ec M•ith
pantgraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within
which Harrower stay pay the awns declared due. if Borrower faih to pay such sums prior b the expiration of welt period.
Lender tray. without further notice or demand on Borrower. invoke any remedies permitted by paragraph ail hereof.
NoN-UNtrortut CoveHrw•rs. Borrower and Lenrkr furdrer covenant and sgrae ac toibwa:
18. Aeecicsatlttcl Rtssa~sa. >lsagit r pwNr/ iw Nsagrspit 17 rssrtt. Wan >tass+rwarr iseaeli rt gay eo~resrat ar
. agnesrest rf Nclrwetr i• Mtic MselBage, lselsirtg M,e cos+esntls M f~ rotes doe gay stcrss atewN b Mi Mortgage. iasier
prier N aeeslseaMas srs11 ssaii sNke N Bssarwtr, ss !ra'Mb r pasapa/A 14 Meer[ speerjisBs q) Mrs MuaeM art sctMs
se+trirsi N etrse wet ieeaerl (S) a ik. sat r,as lira ~ ~s terw flit iistt Mrs nailer L atsiti N ¦sn+aw~er. h wYdt strdt
• rs+ssclt suet M esnil asi ('A tart faire N ewe war rswelt w K Muss tM /ant speeMei r lie stMce stay seseM r
soecleeaMes rt Mrs war stswt> b MtY Maels+tgt. hseeloasrt b }ieiti !s'eeteiL s¦i crate K are >irr*esy. 71te satin
sW fhssMter rthest Mtwwsr r[ lie rigrl N ealtasfate tiler sa+elertdts asi Mrs rlgM N ~csest i• art I~StreliMtae peratirM
st...~rsicNset.r.4h.lt.r a.y.ate. ideast of Mssrwer M secsleraMart gird t«rdaewa r the rreser it oaf ettsei ra
err Mfwr Mae dale sptditi i. Mtt.aMr.+t. Lesser se [.errder'i.ptlis scsi? deelars aB at Mae carat teetwed b Mtls Mte~alpe N M
l..eil.lsy lift a.ir ~yabie .dlra.t tsatrer ieerraad cent rosy t«eelttt tfNs M«tdC/t y }ileW w.eet+l.g. T.esder .Intl
rs tatlMei M eeiNet r tttKr psocreiisg ant espesaa of /«aMaw~e, laelrai¦i. rst set IrIMi Nr sewsaMe sltnraeyls keg.
a.deerrls ~ ieetrtsdsry r?ideset, sr.tesete and tttYe repeNt.
1!. Itesseww'r ~ N RR!¦ctata Notwithstanding Leader's acoelerstion of the soars setwed by the Mortpge.
Borrower slttfl have the right to have say proceedings begun by Lender b enforce this Mortpgc discontinued u gay time
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