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<br /> '� BortowK rr�y cun such �. dMwR and rahsUb, �� provld�d M panpnRh 18, by uusinp th� �ctlon or proceediny to bs
<br /> � diamlac�d wkh a ruNnp th�t, In Lender'a pood i�lh detwr►�in�tlon,preclude�forietture of the Borrower'e Intarest In the P�operry or
<br /> othK mat�l Imp�kmmt of th�Wrn crMtsd by Ihls S�cudly Imtrumx►t or Lender'�aacudty htereet. Bortower ahaN�lao bs In
<br /> def�ull If BoROwer,durkip ths lo�n�ppNcation procaae,pave materlaGy(�tes or In�ccurate Informatlon or statementn to Lendsr (or
<br /> 1aAwl to provld� Und�r with �ny malerial InlamaQon) in connoctlon with Ihe lum eNde�iced by 4he Note, Including, but not d�
<br /> Ilmitsd to, repn��ntationa cono�miny Bonowsr'e occupartcy o1 tt�s Property as � princlp�l rssldence. If thla 3ecurity
<br /> Inetrument Is an •IMS�hold, Bortowv sh�l compy wflh MN th• provldone of ths Isas. II Bortower acquirae fea tiUe to the
<br /> Propaty,th�Iws�hold�nd th�1ee tIN��h�l nol merp�unleas L�nder apree�to ths merper In w�itlnp. � _
<br /> 7. Prot�ctlon ot L�nd�r'i RlQhts In th� Prop�rty.If eonower faNa to periorm the covenrnte And�proements
<br /> contained in this 3ecurfty Instrument, or thKe h a lepal proceedinp that rru�y eipnMcanly atleat Lender'a dphtn In ►he Propaty �
<br /> (euch�a a procNdlnp In b�nkruptcy, probate, lor condemmtlon or fortsiture or to entorce Iewe or repui�tlona),then Lendx may L
<br /> do md pay for wh�tw�r la mc�sury to protect th�vdus of ths PropeAy md Lend�r's dphta In ihe Properry. Lender'a actlona C!
<br />. rru�y Include p�yfnp �ny euma seaursd by� N�n whloh hne pdarity aver thla Se��ity InaWm�nt, �pps�rinp In court, ptyfnp �
<br /> resaonable attomrya' tsea�nd onterinp on the Praperty to make repairn,Atlhouph Lenda rtwy take�clion under thla panyr+�ph �
<br /> 7, Lender does not have to do ao.
<br /> My �mounta disburoed by Lender under p�rngraph 7 shall becoms addftloml debt oi Bortowsr eecured by thia Security O
<br />� Inatrument. Unlesa BoROwer md Lendx aqree to other terma o1 p�yment,thase�mounts ehdl bear Interest irom the date o1
<br /> disburoanent at the Note r�►te�nd sh�N be payr6le,wlth Interest,upon notice irom Lendx to B�rtower requestinp poyment.
<br /> 8. Mortpa�� Insur�ne�. If Lendet required mortpeye Inaurance aa � condNbn ot makk►p the loan eecured by thla
<br /> 3ecurityl Inatrument, Borrower sh�li pay the premlurn3 requlred to rn�lntaln the mortgaga hsur�nce In eflect. It for any reason,the
<br /> mortgsga Insumnce coverege requlred by Landa lapses or eenses to be in effect, Bortower shall pay tho premlums requlrnd to
<br /> obUln coverape substentklly equNalent to the mortgage Insuranco prevlousy In oiloct,at a cost substanUalty equlvalent to the
<br /> cost to Bortower of the mortp�ge Inaunnce prevloualy In eHect, hom an eRem�t� mortp�pe tnaurer�pproved by Lender. If
<br /> subsunti�Ny �qulv�l�nt mortp�ys Inaurnncs cov�np�Is not RvaNabN, BoROw�r �h�ll pay to lendx utch month a sum pual to
<br /> onatwellth ot the yaa►y morty�qe insunnce pnrtih�m belnp pNd by BoROww when the inaunnce covernpe lapasd or ceaaed to
<br /> be tu etteot. Ler►der wi� acaept, use and rotaln these paymrnts as n lose reaerve In Heu of mortpn�pe Inaur�nce. I.osa nservs _
<br /> payments may no bnper be roquked, at the opdon of Lender, N mortgep� Insunnce coveraya(in the amount and for tho pe�iod
<br /> th�t Lsnder requtne) provided by m Insurer approved by Lender aflaln becomea aaW�We and la obLlnsd, Borcower ahdl pay
<br /> the premiuma requked to malntain mortgage inaurance In etfect. or to provlde a loaa rese►ve,untN the roqulrement for mortyape
<br /> Insu�nce ends In accad�nce wtth�ny writtm �preanent hetween 8orrower�nd Lende►or eppAcable law.
<br /> 9. Insp�atlon. Lendur or fte agent may mwke roesoneble mtrlea upon und hapectlona of ths Property. Lender ahtp give
<br /> Borrower notice at the tlme o}or prlor to an inapeetfon apecffy6�p reesonabte cauae tof•the inspectlan.
<br /> 10. Cond�mmtlon.Thm proceeda of iny nwsrd or ckkn tor demepes, diroct or conaequentiel, fn connsctbn wkh iny
<br /> condemna9on or other takk►p of any p�rt of the Properry, or tor convayance in Ileu of condemnation,�re hereby �nslyn�d u►d
<br /> . shaN bs p�ld to Lendx.
<br /> !n the event of a totd taking o} the Properly, the proceeda ahall be appNed to the sums secured by thia $ecurity
<br /> inntrument,whether or not then due, wBh �ny exeeaa p:id to BoROwer. In the event of n pWal t�kinq of the Propaty in wh�h
<br /> the t�k m�rket value of the Property immedatdy bdore the taking Is aqual to or proata then the amount of the auma secured
<br /> ' by this securlty Insuument Immaw�tery t�eiora the uicinp, unieaa Sorrowx and Lander vti�inwiea .�ia+ Ir� w��� ihs Qums
<br /> aecured by this Security Inatrument ah�ll de reduced by the amount of the proceaia muitlpNed by the foNow{np 1ncUon: (a)the
<br /> tatal amount ot the eums aecured Nnmedtably bstoro the UWng, dhrided by(b) the fair rr�rket value of the Propariy immedletdy -
<br /> bdore the takinp.My balence aheN be paid to Bortower. In the event o1 e psrtkl teking of the Property In which the iak market
<br /> velue of the Property Nnmediatelyr beforo the t�Wng Ia Ieas than the amount of the auma aeaured Immedietetyr before the t�kinq,
<br /> unlesa Borrowa end Lmder otherwise ayree In wrkiny or unless appiicable lew othawiae provldea, the pror.eeda ehall be
<br /> appNed to the sums aecured by thle Securfty InaVument whether or nut the eums are then due.
<br /> , If the Propaty la abandoned by Borrower.or d,after notice by Lender to Bortower that the condemnor otters to maka nn
<br /> �ward or asttls • cl�lm ior darrNyes, Bortowa faNa to respond to Lender wfthin 90 daya aftor the date tha not�e is yhren,
<br /> � Lender la autho►h�d to collect and nppy the proeeeda, et ite optbn, either to rostrarUlon a repa�r ot the Property or to the
<br /> , suma aecured by thls 3ecurily tnatrument, whelher or not then due.
<br /> ' Unlesa Lender end Bortower othawlse �pree In wriWiy, any appilcedon ot proceed� to p�incipal eh�N not extend or
<br /> 7 poetpone the due d�te ot the monthy paymente referted to In p�rapnphe 1 end 2 or ohenge the unount of aueh p�ymenta.
<br /> �� 11. Borrow�r Not R�I�u�d; Forb�wranc� By L.�nd�r Not �Wwiv�r. Extenabn oi the tkne for payment or
<br /> modfAaUon of amorthation of tha eume seeured by thla Secudry IneUument pnnted by Lendx to�ny aucee�eor In Intereat of
<br /> Bortower eheN not openle to rolase the WbWIy of the odpinal 8orrower or Borrower'a auccessoi�a In ihtereat Lendar ahdl not
<br /> be roquked to commence proaesdk�ys aydnst�ny successor In k►terast or retuse to exlend time tor payment or otherwlae
<br /> modHy�mortizatlon ot the suma aecured by thls Security Inattument by rosson of�ny dxnand nude by the odpkul Borrowa or
<br /> Borrower'a auccessoro in Inteteat. My torberance by lender In exercisinp any�ipht or remedy ehaN not be a walver of a
<br /> pnc�ude the ex�rcls�ot any dght or remedy.
<br /> 12. Succ��wn �nd Asslpns Bound; .lotnt �nd S�v�ral U�bllity; Co-alpn�n.'rhe coverunte .nd
<br /> � epreements of thfe 3scurfry Instrument shwtl bMd end beneltt the auccesaoro and aesipne of Lender and Bwrower,eubJact to the
<br /> provislona ot para�aph 17. BoROwer'a coverunts and ay�eements ahnN be Jolnt�nd aeverel. My 8orrower who caslyns this
<br /> Securily Instrument but does not execute the Note: (a) la co•aignMg thla 3ecurity Inatrument only to morty�pe,pront and convsy
<br /> th�t Borrower'e Intereat �n the Propaty under the tertns oi this 8ecurity Instrument; (b) la not pensonaNy obYpsted to p�y the
<br /> suma secured by thia Security inetrument; md (c) egrees that Lender and eny other Bortower may egree to exlend,modHy,
<br /> fotbsar or trnka any accommodatlons with reg�rd to the tertna of thia 3ecurity Insirument or the Note wfthout thet Borrower'e
<br /> conaent.
<br />-- 13. LO�n Ch�rg�s. I} the loen aecured by this Securfty Inatrument ia subJeot to a law wlilch seta maximum loan
<br />- aharges, and that law Is flnaYy interpreted eo that the Intereyt or other loan aharpes coAected or to be collected In connecUon
<br />- wkh the loan excoed the permitted Iimits, ihen: (a)any auch loen aharge shell be redueed by the amount nocessary to reduco
<br /> � the ch�rge to the permkted Ilmk; �nd (b) rny suma etresdy eoNeated from Botrower whkh exceedsd pamilted Nrnite wiN be
<br /> - rolunded to Borrower. Lender may nhoose to mako thlo retund by reducinp the princip�l owed undx the Note or by rn�kiny e
<br /> . dMeat psyment to Borrower. If e rafund reduces princlpal, tho reductlon wlll be treated �s a partl�l prcpayment without any
<br />- prepayment chuye under the Note.
<br />� i 14. NotlC�f.My noUce to Borrower provided for In thla Security Instrument shRll be ghren by delivering it or by maHMg It
<br /> = by ftrot cl�sa msN unleaa app!icable lew ►equlro� use ot enother method. Tho notice ehall be directed to the Property Addmss
<br /> = or �ny other address Borrower deslpnRtes by noti:e to Lender. Any notico to Lender ahall be givan by flret class msil to
<br /> - LendcYs addresa sUted herek� or eny other addresa Lender dealpnates by notir,e to BoROwer. My notico providod tor in thts
<br /> ° Securriy Instrument shae be deemea to neve oeen given to tlortower or Lender wnrn givm ea prwideo in inis paragrapn.
<br /> 15. Dovornlnp Law; SsVS��btlity. Thls Secudty Inatrument shall be govemed by federel law end the law of the
<br /> Jurisdictlon In which the Property Is lacated. In the event thot any provislon or ciauae oi Ihis 3ecurity Inatrumenl or the Note
<br /> conllicts with epplicable law,euch conMct ahel not ettect other provlsinna oi this Secudty hstrument or tho Note whlch can bo
<br /> given etteat without the conNcting proviaton. To thla end the provlslone ot this SecuNry InaWment and the Note ere declered to
<br /> be aeverable.
<br /> 16. Bor�owor's Copy. Borrower shal bo gNen one contormec!copy ot the Note end ollhls Security Instrument. _,
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