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Home My WebLink About0212~~;~i1 ~ ~ ' Lenders wr~tten agreement or appl:cable law. Borrower shall pay the amount of at1 mortgage ~nsuranCe brem~ums ~n the mann~~ provided unde- paragraph 2 hereot. Any amounls disbursed by Lender pursuant to this paragraph ?, wdh inlerest Il~ereon, shall beCOme add~t~onal ~ndebtedness oi Bonower secured by th~s Mo-tgage Untess Borrower and Lender agree to othei terms of payment, such amounts shall be payabte upon not~ce trom Lender to Borrowe- requesl~ng payment thereol. and shatl bear ~nterest irom the date ot d~sbursement at the~rale payable from time to t~me on outstand~ng p~},ic~pal under Ihe Note unless payment ot ~ntn.o~~ ~~ ~ s~-, .~~p uMz.lrl ho rnn~.3.~ ~n 3~~I~y3-,~a i3~. ,~ ~n~~h avQnt s!~~n a~„ounts shal~ bear ~r~terest at !he h~ghes- rate perm~ss~ble under appl~cable law. Nolh~ng conta~ned m th~s paragraph 7 sha11 ~eqwre Lender to ~ncur any expense or take any act~on he-eunder 8. Inspeetlon. Lender may make or cause to be made reasonabtP entr~es upon and ~nspecl~ons ol the Property. provided lhat Lender shall gwe Borrowei nol~ce prior to any such inspect~on spec~ty~ny reasonabte cause iheretor re~ated to Lenders +nterest ~n Ihe Property 9. COndemnation. The p~oceeds ot any award or cla~m for damages. Uuect or consequeMial. ~n connect~on w~th any condemnal~on or olher tak~ng ot the Property .r.r part Ine-eof. or tor conveyance ~n I~eu of condemnat~on hereby ass~gned and gha-1 be paid to Lender In the event ot a total tak~ng ol the Property. the proceeds shati be appl~ed to the sums secured by th~, Mortgage w~th t~e excess. ~t any pa~d to Borrower In the evenl ol a part~ai tak~ng ot ine Fropesty umess Borrower an~ i.ender n11lP.~YY~SB 3C~ff)P ~~? W!~!~!1(~ iher~ s-?all hQ a~p!~PCi t~ the sums secured by th~s Mortqage such proporUOn o) Ihe proCeeds as ~s equdl to that proport~on wh~ch the amount ot the sums secured by this Mortgage ~mmed~ately pr~or to ihe date ol tak~ng bea~s to Ihe ta~r market value ot Ihe Property ~mmed~ately pr~or to the date ot tak~ng. w~th Ihe batance of the proceeds pa~d to Ihe 8orrower. Il~the Property ~s abandoned by Borruwer. or ~t. alter not~ce by Lender to Bo-rower that ihe condemnor ofters to make an awa~~~ er setsie a c.lTim tor damages Borro~ver ta~ls ro respond to Len~,er w~th~n 30 days alter the date such not~ce ~s ma~ied. LPnder ~s author~zed to collect and app;y the proceeds. at Lender s opt~on. e~the- to restorat~on o- iepa~r ot the Property or to the sums se:ured by th~s Mortgage Unless lencier and Borrower otherwise ag:ee ~n wr~t~ng any such apptication of proceeds to pnnCipal shali not extend ar postpone the due date o! tne monthly mstallments reterred to ~n paragra~hs 1 and 2 hereof or change the amount of such mstalimems 1 O. Borrower Not Released. E xtens~on of the t~me tor payment or moditication ot amort~zation ol the sums secured h~,r th~s Mortgage granted by Lender to any SuCCessor in inte-est ot Borrower Shall not opeiate to release. ~n any manner ?^e ~~ah~!~ty of the or~g~nal Bo-rower and Borrowers sur.cessors ~n ~nterest Lende- shail rtot be requued to commence n~oceed~ngs aga~nst such successor or refuse to extenci 1~me tor payment or otherw~se mod~fy amort~zat~on ot the sums secured by th~s Morigage by reason ~f any demand macJe by the or~g-nai Borrower and Borrowers successors ~n ~nterest 11. Fo-bearance by Lender Not a Waive-. Any torbearance by lender ~n exerc~s~ng any r~ght or remedy he~eunder or otherw~se afforded by appl~cable 1aw shall not be a wa~ver of cr p~eclude Ihe exerase oE any such nght or remedy Tne procurement of ~nsurance or ihe payment ot taxes or other i~ens or charyes by Lender shatl not be a wa~ver c! Lender s nqnt to accelerate the matur~ty ot the ~ndebtedness secured by th~s Mortgage 12. Remedies Cumulative. A~i remed~es provided ~n th~s Mortgage aredishr,ct and cumulaUve to any othe- nght oi remedy under th~s Mortgage or aftorded by iaw or equ~ty. and may be exerased concurrentiy ~ndependently or success~very 13. Successors and Assigns Bound; Joint and Several Liability; Captions. The covenants and agreements herem conta;ned shall b~nd. and the r~ghts hereunde~ shail ~nure t~~. ihe respect~ve successors and ass~gns ~f Lc~~cie- and Borrower sub~ect ro the prov.s~ons ot paragraph 1 7 hereof Ail covenants and agreements ot Borrower sha11 be ;;,~nt and several The caphons ard heacimos ot the paragraphs ot th~s Mortgage are for coven~ence only a.nd are not to be ~..s~~ ro mter~ret or dehne the prov~s~~ns herecf 14. Notice. Except tor any roti:.e requir2d under appt~cab~e iaw so be gwen m another manner. lat any no!~ce to Bor~ower prov~ded tor ~n th~s Mortgage shall be g~ven by ma~hng s~scn nobce by cernhed T,a~i addressed to Borrower at the Property Address or at such other address as Bonower may des~gnate by not~ce to Lender as prov~ded here~n. and ib~ a~y not~ce to Lender shaU be g~ven by certrt~ecf mat. retum rece~pt requested. to Lender s address stated here~n or to such o1he~ address as tender may des~gr:ate by nohce to Borrower as prov~ded here~n Any nohce prov~ded to~ ~n th~s "J!o~tgage shaii be deemed to have been q~ve~ to So~rcwPr ~r Lender when g~ven m the manner des~gnated -~ere~n 15. Uniform Mortgage: Governing Law; Severability. Th~s form ot mortgage comb~nes un~form covenants lor ~?=f?n~!13~ uSF' d~rl !1~?~1-Utlifpr.T. CUL~f'lli1f11S tiY~1h 'il!'!t~•r1 ..a+~.~h~,•~s t~Y ~un5<1~~hnr. f~~ cr~nshlut~~ ~i ~~n~t~nm ser,unty,nstrument ~•:~nnn +~a` n!oG~e~ry The s~atc~ anci ~~~~:i' ~i'll~, ~f~;(i`:~ ~itr" ir, ThiS F,Anf'O;~C~P ;hdi; t:t~ tht~ 18:v5 Ci! th~~ ~U!t5f7~~.!~~)r ~•': Ylh;i'h ..-~, P"`,~iPf? ~~~ 'nCd1F'~~ j!?t= t(i!F'(7'i1!1O ~1'ntpl`,~ f, 5~,,~f; n~11 n(!:!' ~hP 3OOI!C.~ti1'ily ~i~ !r(11••<tl 1<fJV TCi If?t5'r'~(~'';(i~(~P I!? Thf' f'VF.•^t ~~~~<9~.1`'~'y' ~;•'i:~~;i(i~'t'~f C~:lUSft ~~~ th;S ~vA~.!'O~ff7F' i:~ ir'f~ ~ j!)1P r;~r{'~!'i5 LVI(r'. d(5~1~1(..lf;'f' ~7t'!: "~!iC`' ~'~}nfltt'i Sh711~ (1Ot <~~rf?!:!:)~flPr :)~~~V~>;r~RS r;~ !h~5 ('~.1r~rt~3,{r~f~ r,• ••~I? ~if~'I~ :.h;rh i,fr L~~ t~i:~n fr~1[~ 1 ~V~tr•(;U~ -1'~(> rr;n',,rS~n[3 (~rr2~f,~.:r~n -in~:'~~ it;:C o~1cj i'?/' ~;~nV!~ittn5 ~)- lhf' M011C~ilCjf• :i~~[1 "',~' ~1+:'~~ .f'~• tlf~~ i:~'F-r; •r, :,~• S~~_nr~i~„n ~ 16. Borrowe~'s Copy. Borrowe~ shali be furn~shed a contormed copy of tr~e~Note and of ~h~s Mortgage at Ihe ~~me nt ezecuhon or after recordaUOn hereof 17. Transieroithe Property; Assumption. If ait or any part of the Property or ar ~nterest there~n ~s soid o- t~ansferred by Borrower w~thout Lenders pr~or wntten consem, exclud~ng (a~ the creat~cr, of a i~en or encumbrance subord~nate to th~s Mortgage 1bl the c-eat~~n of a purchase money secunty ~nte-est for househo~d appt~ances Ic- a transter by dev~se descent or by operahon of law upon the death ot a ~o~nt tenant or ~dI the g~ant of any ieaseno!d ~nterest of three years or less not contain~ng an opt~on to pu~chase Lender may. at Lender's opt~on, declare all Ihe sums secured by th~s Morsgage to be ~mmed~ately due and payab!e Lender shatl have wa~ved such opt~on to accelerate if pn~r to the sale or transfer. Lender and the person to whom the Property ~s to be setd or transferred reach agreement ~n wr~t~ng that t-re cred~tot such person ~s sat~sfactory to Lender and that the ~nterest payable on the sums secured by th~s Mortgage shal! be at suc~ rate as Lender sha1l request It ~ender has wa~ved the opt~on to accelerate prov~ded ~n th~s paragraph t 7. and ~t Borrower s successor ~n ~n;erest has executed a wnttnn assumpt~on agreement accepted ~n wr~t~ng by Lende-. Lender shall reiease Borrower from all obhgat~ons under th~s Mortgage and the Note It Lender exe~c~ses such opt~on to accelerate. Lender shall ma~l Borrower not~ce of acceterat~on ~n accordan~e ~tsth parag-aph 14 he~eof Such noi~ce shall prov~de a per~od ot not fess that 30 days irom the date Ihe notice ~s ma~led w~th~n v~h;~h So~rower may pay !he sums decla~ecf due Ii Borrower ta~IS to pay such sums pnor so the exp~rat~on ot such penod Lender may w~thout fu-ther nohce or demand on Borraxe-, ~nvoke any remed~e~ perm~tted by paragraph 18 hereof NON-UNIFORM COVENANTS Barrower and Lender turther covenant and agree as foitows 18. Acceleration; Remedies. Except ss provided in psragrsph 17 hereof, upon Bonower's breach ot sny covsnsnt or agreement of Borrower in this Mortgage, including the covensnts to pay when due any sums secured by thls Mortgage, Lend~r prior to acceleration shall mell notice to Borrower as provlded in persgraph 14 hereof specifying: (1) the b~sach; (2) the action required to cure such breach; ~3) a date. not less thsn 30 dsys irom the dste ths notice is msiled to Borrowe~. bywhich such b~each must be cured; and(4) thstisllureto cure such breach on or befors ths dsts specltfed in ths ~otice msy rssult in accelerstion of the sums secured by thts Mo~tgsge. foreclosure by judiclal proceedtng and ssle of ths Properly. Ths nottce shsll further iniorm Borrowerof the rightto reinstate atter accel~ratlon and tha right to assert in the toreclosure proc~eding ths non•sxistsnce ot s default or any other defsna~ of 8orrower to scc~l~ration and toreclosurs. If th~ bnach is not cured on or before th~ dats ap~ciffed In the notlcs. Lender at Lsnder's option msy declar~ sll of th~ sums s~cured b~r this IYlo~t9ag~ to be immediately du~ snd psyabls without further dsmsnd snd may foreclos~ this Mo~tgago by judicisl proceeding. Lend~r shall be entftl~d to collect In such proce~din~ all expenses of ioreclosur~, Including, but not Ifmited to. ressonabls sttornsys fess. snd costs ot documentary evidencs. abstracts snd title rsports. 19. Bortowers Rightto Reinstats. Notw~thstand~ng ~ender s accelerat~on o1 the sums secured by th~s Mortgage Bo-rower snat; have the nght to have any proceedmgs begun by Lender to enforce th~s tvlortgage d~scoM~n~ed at any hme : ~~'~ 34~ j~~~E ~12 ~ ~~:.. ~~ = _ _ - -- -_ ~.: ~ ~ , . ..,....,.~. ,. .__... .~. .. . ._ ~ ..row~ii4 . ""~`•.+s~