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8. Inepection. l.ender mtty make ur cause to I,r made rraeonablr entnrx u~x,n ~+nd inepectiune of the property, provided that l.endet ehal)
give Horrower notice prior to any auch inape~~tion~x~ifying rru~unublr c~ue~e therefor relatc•d to I.ender a intereat i~ the Piroperty.
9. Condemnation. The pmcreds uf any uward or claim for damuges, direct ur condryuential, in connection with any oondemnetion or
other taking of the property, or purl thereof, or tor conveyance in lieu uf n~ndemnation, are hereby asaigned and ehaU be paid !o l.ender.
In the event of a totul taking of lhe I'roperty, the pnxeeder shall t-r upylied to ~he r,ume aecured by thie Mortgage, with the exceeB, if any,
paid to Bc~trower. ln ~he event of a partial taking of the Property, u~leew Borruwrr and l.ender otherwiae agree in writing, there ehall be
applied W the aums aecured by this Mortgage auch pro{wrtiun of the priK•ecde~ aa is eyuxi to thnt proportion which the amount of the eume
sec~tred by this 111ortgage ifcmedintely prior to the date of taking beare to tl-e fair market value of the Ptopetty immediatcly prior to ihedateof
taking, with the balancr of the prmecda puid to Borrower.
i"a ai~c 1 ~uNC[iy !b uUauuuucvi uy -w~ wwr~, vi ~i, n~lri nv~~~r uy l.cuur~ au uw wwr~ aua~ uir- cuuurluuu[ u11e[t1 W 1717fKCtl[I BWtItUOrBQf,~12A
claim for damages, Horrower fails to reapund to I.ender within :i0 dttyr~ after the date euch nntice id mailed, Irnder ie authorized tocollectand
apply the proceede, at l.ender'e option, either to restor~tion or rep.tir of the property ur to the aums secured by this Mortgage.
Unless l~ender and Fiorrower otherw~ee ugree in writing, any auch t-pFzlication of ptoceeds to principal ahall not extend or poetpone the due
date of the monthly inetallments reterred to in paragr:iphs 1 and 'l hereof or chiinKe the amuunt of such inetalimente.
10. Rorrower Not Releaacd. F xtenaiun of the tin-e for pa~•m~nt or mudifiration ot ~imortization of the sums secured by this Mortgage
granted by I.ender to any succe~,or in interest i~f l3nrn~wer shalt nut operatr to relei~se, in any mt-nner, the {iability of the original Borrower
and Borruwet's succ~~surs in ~nteretit. I.ender sh~~.l not Fx~ rtK~uind to e-ummen~•e pr«•e~~inKs aKninsi such succrascr or refuae to extend time
for payment or uthrrwise mudify ,~murtixat~un uf th~~ sums scK•uri~cl hy this ~S~~rtKaKe by m~~sun of any demand mude by the original E3orrower
and E3orrower's sacressors in iniere,t.
1?. Forbearance by Lender Not a VI'River. Any fort~rarance b~• l.rnder in exercising any right or re~edy aetrunder, orotherwiee
afforded by applicable iaw, nhall not be a waiver uf or preclude thr exercise nf an~• Ruch right or reme~ly. The procurement of ineurance or the
paym~nt of taxes or other lirny or charges by I.~~n;ter ah.-11 not }x~ a wxi~•er of l.ender's right to accelerate the maturitp of the indebtedneae
secured by this Afortga~e. ~
12. Remedies Cumulative. All mmc~ciies pruvided in thi~ ~1ortKa~;r ure dlstinct and cumufatiYe tu any other right or remedy under thie
Aiorteage or uffordeci by Inw• or eyuity, and mt~p bc• exercisc~i c~~ncurrrntly, independently ar eucce~eively.
1`t_ ~~~rrs~YVnrg w~L1 ,'~vs~ieng ftn~~nrl~ ,lnint sintl Cs.vr~~g) I:~s~hilitv~ t~Anfi~nK, Thw rnvFr~p!~W ~r~r~ a~raK.mnnfa harai~ m~tslirr.rl a1~g1~
bind, and the righta hereundrr shall inure to, the reapecti~'r Succr~snrs and c~ar+igna of Lender and Rorrower, subject io the provisione of
paragra~h 17 hrreoL All co~•enants and aKrrrmc-nts uf }3~~rruwer shall t~ j<»nt and several. The caption~ and headinga of the paragrapha of
this Mortgage arn for covenience oniy .ind are nut tu be used tu interpret or define the provisions hereot.
14. Notice. F.xcept fi~r .iny nnticr rt~~uired undiv upplicuhle luw• tu ~x• kivr~: in another manner, (a- any notice tu Korrower provided forin
this Mort~;age ahall t~Riven bp muilinq suc•h n.ntice b~ certificxl mai! addres~ecl to Eiormwer at t~e f'roperty Addreasor at such otheraddressas
Borrower may designatt• by notice to I.ender as pruvidcd herein, and r h~ .~ny notice tu l.ender shall be given by ceriified mail, return receipt
requested, tu I.ender's addrrss stated hrrein or to such oiher addre~s ag I.~•nder map designate by notice to E3orrower ae provided herein. Any
notice provided fur in this 1lortgay;e shalt Lx~ dc~einccl tu h.n•e t-ern Ki~•en to F~~ncwer or l.ender when given in the manner deai~~ated herein.
1~. Unifurm 1lortgage; Gove~ning l.nw; Srverability.'Chi~ f~~rm of murtKaKecombines uniform covenant8 fornational use and non-
uniform co~•en:~nt;: with limited variations b~• jurisdictiun to contititutr a uniform security instrument covering real property. This Mortgage
shall bc Ko~~~m~l by the IaK• of the jurisdirtiun in w~hich the Yrop<~m• i, lcK•:~trd. In the e~•ent that any pruvision or clause of this Mortgage or
the 1\ote conflici: wit:~ applicuMe law, sunc ~unflict shall nut affert nther provisiuns uf this MortgaRr or the `'ote which can be qiven effect
without the conf]ichnK pru~•isi~m, and tu this end the~ yrv,vi~i~~ns :,f thr htort~;u~;e and the Nate are declared to be severable.
16. Borrower's l'opy. Borruwes shall be furnish~d a confur:n~~ci iopy of the Note and of this l~fortgage at the time of exe~:ution or after
~ rerordat:or. ierc~f. • •
17. '[~ansfer of the Property; Asaumption. If all c~r an}• part uf the 1'ro~xtty or an interest thercin is sold or tranaferred by Borrower
,~` v~-ithor.t I,ender's pri~r w~ritten cunsent, excludinK la) the crratiun of a lien or ~ncumbrance sutwrdinate to this Mortgage, (bj thecreation of a
~ pun:hase mone~• ac~urity interest for housrhuld apphances, lc! a trantifer by de~•ise, d.~scent or by operation of•law upon thedeath of a joint
tenant or (dl the grrant uf any leaseFiuld interrsl uf thrc~ yrars ur leas not ctimtr~ining an optiun to purchase. I.ender may, at Lender'a option,
' ~ declare all the nums securea by this ~lortKaKe tu be immrdiatriy ciur and pa}~ab;e. I.ender sha~ii have waived such option to accelerateif, prior
I the sale or tranafer, l.ender and the persun tu w•h~~m the Propert>• is tn Fx suid or transferred reach aRreement in writing that the credit of auch
person is satisfacLury tu I.ender and that the intrrrst pa~ ahle ~~n thr> sums .ec4rrd hti• this ~iort~a~e shall be at such rate as I.ender ahall
~ request. If [.ender has w~ai~•i•d the optiun tu :~cc~~lrrate prucidrd in this p~+rakraph 17, and if Korrc~w•er's successor in interest has executed a
'~:• written assumptiun aKrrcmrnt arc~•ptr~3 in wniinR b~• L~•nd~•r. L.•nd~•rsh:il! rel~;ase~Korruw•erfrom a11obLKati~~ns ur.derthisMortgageandthe
~ (' ~`Note.
`tr If I.enderexrre~ars suc•h upti~~n tu accel~•ratt•. I.~•nclrr ~tiall mail K~~rruwer ruticeof accelrratwn in accordanm with paragraph 14 hereof.
'ti? Suchnoliceshallpro~•ideaprri~Kl~~fnuties~th.~ei.tn~l:t~-.f~~~rnth~~d:~u~tht~n„ti~•ei~rr.vlrclw-ithin~~hichfiorr~~w~ermaypaythesumsdeclared
due. [f BorruN~er fa~ls t~~ pa>• surh ~um~ pn~~r ,u the expir,tinn ~~f su~•h pe•ri~~d, i.ender m.ip. w ithuut further notice or demand on ~3orrower,
~` ~nvoke any remt~dirs permttu•d bt' ,:ar.i~;rautz I~ hrr~ti~f.
18. Acceleration; Remedies. f~:xcept xs pruvided in pars~grnph 17 hereof, upun Borrower'e breach of eny covenant or
agreement of Korrower in thiY :NortgagP, includin~ the covenuntH to pay w•hen due any aums secured by this Mortgage. Lender
prior to acceleration shall mail notice to Sorrow•er xs pr~~~•ided in paragraph 14 hereofspecifying:111 the breach;(2)theaction
required to cure r~uch breach: i3! ~ date, nat lesx than :ill deys from the date the notice is mailed to Rorrower. by which such
breach muat be cured; and (~tl that fai!ure t~~ curc :+uch bretich on or before the dste apecified in the notice may reault in
acceleration o[the sums secured by t hic: Nort ga~e, foreclusure by judicial proceeding and sale of thr Property. The notice ehall
furtKer inform Borrow•er of thE: right to reinstate t+fter arcc:irratiun and the right to ueaert in the foreclusure proceeding the
non-existence of a def~ult or an~~ othc:r dE~fense of BorroH er tu acceleration and foreclosurr. It the breach ie not cured on or
before the date specified in the n~~tice, Lender ttt I.rnder's uption may declare all of the sums yecured by thie Mortgage to be
immediately due and p~~~F~ble~vithuut furtherd~•mzind.ind ma~ fort~cluse this:Nortgage by judicial proceeding. Lenderahali be
entitled tocollett in such proceedinK all expen~~~s uf fore~•I~-s~-r~~, includinK, but not limited to, reasonable attorr~ey'sfeea. and
coste of documentan~ e~•idence. t~hstracts and title• rt•p~-rts.
19. Rorrower'e Right to Rein»tate. \ot~~ithstand~nK I.~~ndc•r's acc•e{rratiur, r~f the sums secureci by~ this;llortgage, F3onowerehall have
the right to have z~ny proceedinKs txKur. h}• l.e~nder tc+e•nfurc~• :h~~ \lurt~:+KF~ discunt~nutd at any tirne prior to entry of a judqment enforcing
this Mortgbge if: la- F3ormu•er pa}~s I.ender .ill ;um~ which w~uuld he then due under this lturt~age, the \`ote and notea securing Future
Advances, if anp, had nn acceleratiun urcurrcyl, ~ hl R~+rn~~•~•r cun~c ~ill brrarh~r;; cf an~• other covenantei or agreementa of F3orrowercontained in
th:s MortgaKe; fc1 13:~rrower pays all reasunabie exp:~n:e•s in~•urrf~d hy l,~•nder in enfF,rcinK the covenante and agreemente of Borrower
rnntained in this Mort~aKe and in PnlorcinK I~•n3er's remrdies ati pr~~~•idE•d in puraKraph 1R hereof, including, but not limited to, reseonable
attorney's fees; and Idi f3~rzuw~er takes such action as (.~~ndet may rras~~nabh~ require to a~vure that the lien of this wort~age, Lender'e interest
in the Property and Borrower's ubligatiun to p~i}• the ~ums stY~ured bt• this 1f~+rtKaKe ~hall continue ur.impaired. U}~on such paymentand cure
by Borrower, this MortgaKe and the nbtikatiuns :;crurecl hrrehy sha11 reni~in in full force and effect as if no acceleration had oecurred.
20. Assignment of Rents; Appointment of Keceiver. A~ :~ddiu~~nal ~f•curitti• hereundcz, Borrow•er hereby assigna to Lendertherente
of the Property, provided that RurruK•er shall, pr~or t~~ acceler:-ti<~n under p:.raKraph 1`+hereuf orabandunment of the Property, havethenght
to col{ect and retain such rent~t as they 6•.K~ume due and pr~~abff•.
Upon acceleratie:- under par.;~;raph 1!+ hererif or ahandr~nment of thr Yrupertc, (.ender shall be entitled to have a receiver appointed by a
eourt to enter upon, take ~,stiessinn of and man:+Ke the Pn,pert~~ and t~ collc~c•t the rents of the Property, includinq thuae past due. All rente
collected by the rrcei~•er sh~11 be appiied first tn p,~ymrnt ~~f the cn,G~ ~~tmanagemrnt of the Propert~• and collection of rente, including, but not
limiied to, receiver's fees, premiumc on receivFr's hunds and rras~~nable• att~~rnr~'s fcrs, and then to thr sums sECUred by thie Mortgage. The
receiver ahall be liable to account ~snlv for tho~e renL~ actuall~• rere~~rd-
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