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��14��5�� interest fram the date of d�sbursemen�at the Note ra�e and sha11 b��ayable,wi�h inter�s�,upon no��ce from Lender to Borro��r requ�s�ing payment. Mortgage Insurance. �f Lender requ�red mor�gage insurance as a condi��an of making the �aan secured by this Security Ins�rumen�,Borravver sha11 pay�he premxums r�quired�o main�ain the martgage�nsurance�n effect. If,for any reason, �h� mor�gage insurance coverage required by L�nder �apses or ceases to be �n eff�ct, Borrower shall pay the prem�ums requ�red �a ob�a�n �o�erage subs�antia��y equ��alen� �o the mortgage znsurance previaus�y zn �ffect, a� a cost subs�an�xa�� equ��alent �a �he cos� �o Borraw�r of�he xnor�gag� insurance previous�y in effe�t, fram an alterna�e mortgage�nsurer a�praved�y Lender. If subs�an��a��y equ��alen�mor�gage insurance caverage is not a�rai�ab�e, Borrov�er shal� pay �o Lender each mon�h a sum equal ta �ne-�e�fth of the yearXy mor�gage insurance premium being pa�d by B�rrower when the insurance coverage lapsed�r ceased t�be �n effec�. L�nder wi�l accept, use and reta�n th�se paymen�s as a �oss reserWe in 1�eu of mor�gage �nsurance. Loss reser�e paymen�s may no longer be required, a� the op�ion of Lender, �f mortgage �nsurance coverage �in the amoun� and for the p�r�od that Lender requires�pro��ded by an insurer appro�ed by Lender aga�n becomes avaz�able and�s ob�ained. Borrower shall pay the premiums requ�red�� mai.n.ta�n m�r�gage insurance in effec�, or�o provide a lass reserve, until th� requ�remen� f�r mor�gage insurance ends in ac�ardance w�th any wrxt�en agreem.�nt b��een Borrawer and Lender ar Applxcab��Law. Inspe�tion. L�nder or i�s agent may make reasona�le entr�es upon and �nspec�ions of�he Property. Lender shall g�ve Borrower no�ice at th�t�me af�r pr�ar��an insp�ction speczfying reasonabl�cause for�he inspectxon. Condemnation. The proce�ds of any avvard or claim for damages, direc��r c�nsequ�ntza�, in connect�on with any condemnation or o�her�akzng of any part�f the Property, or for con�eyance in ��u af condemnatzan, are hereby ass�gned and shal�be pazd�o Lender. Zn the even� of a�o�al taku�g of�he Pr�per�y, �he proceeds shall be app��ed �o �he sums secured by this S�cur�ty �nstrumen�, �hether or not �hen due, with any excess paid to Barrower. In �he event of a par�ia� takzng of the Pr�perty in which the fair rnar�e�value of the Proper� immedia�e�y before �he �aking is equal to or grea�er than �he amount af�he sums secured by �his Secur�ty �nstrument imm�d�a�ely before the taking, unless Borrawer and Lender otherwise agree in wri�zng,�he sums se�ured by�h�s Secur�ty Instrumen�shall be reduced b�the amoun�af �he proceeds mul��plied by the fal�ow�ng fractizan: �a}t�.e�ota1 amount af�he sums secured�mmediate�y before the �ak�ng, d��ided by �b} �he fa�r marke�value of the Propez�ty immediately before the taking. Any balance sha�l be paxd�a Borravver. Xn the e�ent of a par��al taking of t�e Pr�pex�y ir� �h�ch�he fa�r marke� value of�he Pr�perty immediate�y before �h��aking �s �ess �han the amount of the sums secured immedia��y before �he �aking, un.less B�rrov�er and Lend�r o�her��se agree zn wr��ing or unless Applicable Law otherw�se pro�ides, the proceeds shall �e ap��xed�o�he sums se�ured by�his Secur��y�nstrumen�whether or na�the sums are�hen due. �f�he Properry is abandoned by Borrawer, ar�f, after n��ce by L�nder to Borrower tha�the condemnor�ffers to make an award or se�tle a c�aim for damages, Borrov�er fails ta respond to L�ender wzthxn the m�nimum number of days established by Appl�cable Lav�after��.e da�e�he n��ce is g��en,Lender is au�horized to collec�and apply the proceeds, a� i�s optron, e��her to r�storat�on or repazr af the Property or to the sums secured by �h�s Secur�ty Zns�rument,wheth�r�r no��hen due. Un�ess Len.der and Borrower otherwise agree in writzng, any applica�zon of pro��eds�o pr�ncipa� shal�nat ex�end ar postp�n� the due date of�he payments referred �� n �he sec�ian ��t�ed Payment of Princ�pa� and Interes�; Prepayment and Late�harges or change the amoun��f such payments. Borrawer No� Re�eased; Fvrbearance By Lend�r Nnt a Waiver. Ex�ens�on of �he ��me far payment or m�dif catzon af amor�izat�on of the sums secured by this Secur�ty Instrumen� gran�ed �y Lender to Borrower ar any successar �n interest af Borr�wer sha�l nat apera�e to release �he Iiab��i�ty af �he orig�nal Borrower ar B�rrov�er's success�rs in interes�. Lender shall not be r�quired�a com.mence proceedings aga�ns�any successar in interes�or refuse�o ex�end�ime for paymen�ar v�hervw�se mod�fy amor��zation of the sums secured by this Secur�t� �ns�rument by reason of any demand made by �he or�ginal B�rrower ar Borrower's successors �n in�eres�. Any forbearance b�Lender in exercising any r�gh� or remedy shall nat be a wa��r of or preclude�he exerc�se of any right or remedy. Successors and Assign� Bound; Jaint and Se�era� Lia�i��ty; A�commodation Signers. The co�enants and agreements of�his Security �nstrument sha�l bind and ben�f��he successors and assigns of L�nder and Borrovver, subjec� �a the provis�ons of sec�ion ��led Transfer �f the Proper�y or a Benef�c�a� Int�rest �n Borrower. Borrower's cov�nan�s and agre�ments shall b��oint and several.Any person wha��-signs th�s Secur�t�Instrument but does nat �xecu�e the No�e �"Accammadatzon Signer"}: �a} is co-signing �his Security �ns�rumen� on�y to mortgabe, gran�and canvey tha�A�commodatzan Signer's �n�eres�zn�he Pr�perty under the terms af�he S�curi�y �nstrument; �b} �s noti persona�Xy ob�zgated��pay�he sums secur�d by th�s Secur��y�nstrumen�; and�c� agrees tha� Lender and any other Borrower may agree�o extend,modxfy, forbear ar make any acc�mmodati�ns w�th regard�o the�erms af�his 5��uri�y�nstrumen�ar the Note w��hou��hat Accommodat�on Signer's consen�. Loan Cha rges. �f the Ioan secured by this Security �nstrumen� �s sub�ec� �o a �av� wh�ch sets maximum ioan charbes, and tha�Iaw is f na�ly interpreted sa that�he zn�erest or other loan charg�s collected or ta be cfl��ec�ted xn connec�ion with the �oan exceed the permit�ed lim��s, th�n: �a} any such loan charge sha�� be reduced by �he amount n��essar��o reduce�he charge�o�he perm�tted �imits and��} any sums alread�c��ected from Borrow�r which exceeded perm�tted 1imi�s will be refunded �� Barrower. Lender may choose �a make this refund by reducin.g �he prin�ipa� owed under the N��e flr by making a dire�� payment �o Borrower. �f a refund reduces pr�nc�pal,�he reduction wil�be treated as a par�ial�repayment v�z�hout any prepayment charge under the No�e. C�24D4-2Q 13 Com�Iiance Systems,inc.9�'g6-118D-2ti 13L2.4.72 t Cansurr�er Real Estate-Security Instrumer�t DL2a36 Page 3 vf S www.compliancesystems.com