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Lender's written agrtemcnt or applicable law. Borrower titaU pay the ansouat d all rwortpWe ~wraaoe weaw~s i ~
manner Qrovided under paragraph 2 hettof.
Any amounts disbursed by Lender purwant to this paragraph 7, wsth ieterext tisaeow, sin! become dieawal
inilebtedrtess of Borrower secured by this Mortgage. Unless Bormner and Lander astoe b other terse d ~ayttatoL Bas!
amounts shall be payable upon notice from Lender to Borrower requestitsg paymast thatof. sad shag bar iwtaest tree itt
date of disbursemrnt at the rate payable Pram time to time on outstanding principal under the Note arhas ~t¦eat d
interest at such rate would be contrary to applicable law, in s?fiich evartt such arnatatts shag bear iateaetl al Itre ii~esrs rate
permissible under applicable law. Nothing contained in this paragraph 7 shag rtquirt I.endor b iwr set, ~ err tislte
any action hereunder.
tt. Ittstpectkw. i.ender may make or cause to be made reasanabk cntriec upon and assltectiaws d the ltsrpetty; poriid
that Lender shall give Borrower notice pritx to any such inspection spocifyirtg rcasorsabie cant dtertfor rtiatr+i b I~eoieh
interest in the Property.
9. Cardewwtiow. The
proceeds d any award or claim for damages. dmeu a oontogoowtiai. iw coaweriiow swi aA ~
condemnation or other taking d the Property, a part thereof, or for conveyance iw lieu d oortdefaaabiast, are Ord'! astpotl
and shall be paid to Lender.
in the a a~s+yltaking d the Property. the procYeds shall fie applied to the snare sewrd b this Mor~aR
with the excesf,`if'ifty, paid~to Borrower. in the event of a putial taking of the lt+operty, "lies Batauer awl leis:
otherwise agree in writing. there shall bt applied to the sums secured by this Mortgage Bads proportiow d the ptooaei
as is equal to that proportion which the amount of the sums sctttred ~ this Mortgage itotod'ntel~ prior to tie ik of
taking bean to the fair market value d the Property immediatetl? prior b the date d taking, itrili the 6alawoe d tic paooee~
paid to Borrower.
if the Property is abandoned by Bor:ower_ a if_ after awiee by under to Borrcwcr that the ooadessor Diets tw ttstsie
an award or settle a claim for damages, Bc+rmwer faik to resportd to Larder within 30 days after tie date sax! atoaae 's
mailed, Lender is authorinod to collect and apply the proceeds, at Lender's option. eidler b ttstoratioa err tels~ d tie
Properly or to the sums secured by this MMtp~ee.
Uhless Lender and Borrower otherwise agree in v+~rittnte_ any such application d prnoeeds b prirrc~al shat wet eststi
or postpone the due dale of the monthly installmrnts rderrtd to in paragraphs 1 and 2 hereof of datye t!e awooat at
such installments.
iQ. war Not F~taf tt~e time for payment or rrtodiicatiow d asortisstion d ie sots sated
by this Mo~,~r~t<ted~j)j~ io aW? sisQ~r in intersst d Horro+rer shall sot operate b release. i any sawner.
the liability o die ortgtnal Borrower and Borrower's suoeessors in interest. Lender shall sot be rtegoird b ooatrwesrce
Qroceedings against such successor or refuse to extend time for payment or otherwise rwodify awsortiratiow d tic srs
secured by tlils Mortgage by reason of any demand "fade by the oritinal Borrvwtr sad Borm~oet"s seeoosass i iaaate~
l1. >E~lrliearawee y I.ewier Nd a Wsivet: J~ny fart+earattoe by Lnder iw exerrisiws say rra#st err tntdr ~ err
otherwise afforded by applicabk law. shall not be a rraivsr d a precirde the e~oerdte d nor s~s3 right or ~r-
The procurement of insurance or the payment of taxes or ether liens or charges br Leader s#sa1 not be a .raiser d Is¦tlet'!r
right to accelerate the maturity d the indeMedness secured by this Mortgage_
It Retwdies Ca~aiative. AD rtrrsedies provided in this Mortgage art distinct sad artwtrlati.e b soy other rijtltt err
remedy under this Mortgage or atlorded by law a equity, acrd may be exercised oa~wcsottwdr. iadepen8eadr a sacoesssetr_
13. Socceaas awl Aaaisws •oawR .Jail astl Se+ersll fiaiiy; t',aliaas. The ooreaiaaes nerd apeesiefes lrerdw
contained shall bind, and the rights hereunder shah inure b. the respective strocesors and asigas d Lowder arai loctower_
subject to the provisions of paragraph 17 hereof. All eovatartts and agrtesents d Borrower ahal be joist awl sneral
The captions' and headings of the paragraphs of this Mortgage are for oorsveaiewoe owlr awd sae not b fie end s
interpret or define the provisions hereof.
14. Notke. Except for airy notice regttirtd under applicable law b be givers is awother saawer. W sort woad: tb
Borrower provided for in this Mortgage shall bt given by mailing such notice by aertied awl addttatd w)torro.er at
the Property Address or at such dhcr address as Bornwrer nsav designate bg aotioe to leader s prv~itted icrea awl
(b) any notice to Lender shall he given by certified mail, raurn rtaapt requested. b Lsder's stidres sttasei hnei or tw
such other addrrss as Lender may designate by notice b Borrower as provided herein.. Aar wo6oe peiviid far i ti's
Mortgage shall be deemed to have been given to Borrower or mender whey gives in the wuaaer desiRaatetl ieteiw.
1S. Uaifor¦s Mortgsse; Gat?t:roiaR I~sr: Severaiifiq. This form d asortgage eom6ises eiders oorewaaRs far aatio¦al
j use and non-uniform covenants wah limited variatiats try jurisdiction b constitute a sraifiors saearitr irastra~eat co+esirR
j real property. This Mortgage shall be governed M' the law d-the jtsrisdictiow is whirls lie lrapatr is tocaaei_ b toe
~ event that any provision or clause of this Mortgage c+r the Note eoallicts with applicable 1a• soci aswict sial not sleet
other provisions of this Mortgage or the Note which an be given etlect without tie ooaietits pvtraoa ari to tls
end the provisans of the Mortgage and the Note art declared to be sevaable_
lf. •onowa's Cop. Borrower shall be furnished a conformed copy- of the Note and d this Mataap st tie tine
of execution or after recordation hereof.
l7..Trawder of tie rr+opertr: Asawrptiaw. if all or any part of the Property a as iatertst tiereiws soitt or t:artateird
by Borrower without Lenders prior written cotssettt_ excluding (al the creatiaa of a ilea or acsawbrawoe aabordsae b
this Mortgage, (b) the creation d a purcluse money secrsrity interest for lsorrtelsoid appliawots. (ci a trarr:fer !w devise,
descent or by operation of law upon the death of a jant tatant a (dl the scant d say katioY iastereat d tlosie yeas or lea
not containing an option to purt:hstK, Lender may, at Lender's option, declart all the ~ tecare! br this 1/arMale to k
immediately due and payable. Lender shall have waived such option b aoodonse if, pier b fie sale a tnasfe~ i~wier
and the person to whom the Property is to be sokt a transfern:d teach agreaaent i writias that tie atilt d staci ptsow
is satisfactory to Lender and that the interi~st payable on the sums secartd br file Morts~e siaB be st saci rate a lsoier
shall request. if Lender has waived the Delon to acoelerste provided is dais paragraph 17, and 't >tortawer's swooewar i.
interest has executed a written atsturtptan agreawatt accepted in writias bf' Lewder, i.eeder ii relea >torrower frs alt
obligations under this Mortgage sad the Note.
If Lender exercises such option to aooelerate, Lender shall mal Borrows aeries d aooeieraitiiow iw aeaordawor ~.isi
pantgnph 14 heroof. Such rsotice shall provide a period of not less than 30 days frs tie dal Re wtttttaes rwtsiei wig
which Borrower may pay the sums declared due. if Borrower fails b par surds sass prior to tie e4iratiow d sod periled
Lender tray. without further aeries or demand on Borrower. invoke arty rarrodies perauned br parasraplt li ttaed
NON-UNIFORM Co~?e:rtAnrrs. BOrr+Ower and Leader farther COrerliat sad secs at f0~tra:
li. Acederatia~ Rewsetiirs. En's!/ s pr~rtrMei i parasrapi 17 intrsi. slaw /wwoss!lt taottd of ssr ars¦rt err
asrKaeat d Harrower V Ills Mart~ase, iweirias ie cweaasts M !wf wis is am efts sasai b Rif ltiaaMtt/t. istthr
tniotr a aeeeirausn it sail atatiese to >Mrtsr+.er ss prsvYd is paeaptlh htstaa[ ~arijittF to R~ itawettc IA tie ssiw
retpkei fa ettse tied ~k t~ a ire. war lets Raw 3t1 awys irM Rye ittte Re astlist i anieei tw isnooar. b .sii~h ssad
irsaei "tort .k t:wrat aatl (n list failare w cart stall itewch arc air ietase Re ire alac~stl i Re watioe atw~ anal i
atxderaliaw d Re sttats seewrsd i7' flhis Mar~ase. faneefasate b i~+V lsaaatllsl ssti sic d Ra halay. 7fe ottfste
sW fwrlier iwfortw liertrwer at lie visit M reiwWs/e sitter aooderaliw ssttl Re tilt M aataf V dt ~stedttta¦t lwosais
tie tww~e:Hewes at a ddii or awyr after ietewae d iart~s~wsr N aeedt:aiaw sari farsritw~a ¦ ie iw~ad i ost sorest aw
or btgore tie dale speeliei `lie wsMt?e. Iststlar set I.erticr'1c ~M tww! icire sf1 at ie ors Bassi it Ri lit~R 1w ie
iwttweiMr tae ssttt ~wraYe witlwet farrier rew:ad arc town twteccitae its Masse b }idi ltwewcit~ fswda
be ewtitlei a eoaleet r sttd ~races+iirts si e:peasa .f fareciawre. iaciaiitl. cwt ttw twbi /w tsaaaYe as~waei'1t fees
ssttl cents d tt.c.-+e.tarr eiiewcw aidrwNa awl title tepard.
1!. >sarrower's l~Itt M Rsiateste. Notwithstartdirgt Leodei
s aoodaatiow d die sons tecated bl tiE M.xt~e.
~ Borrower shall Gave the right to have any proceedings ~n ++y gender to enforce tis Mortsase drrooatataad a any as¦e
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