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<br /> � �f I�ender req�:ired mortgaga insurancr�s a canditio�c 4f makiag the loan securcd by this Security teutn+meat,
<br /> Borrower shall pay the premitcros required to maintain the insurancc en effect until such rima as the reyuircment for the
<br /> ' insarance te�tninwtes in accardsnce with Hoerawer•s and Lendee's written a�reaaent or applicable law.
<br /> 8. Ins�ection. Lenda or its�gent map make reasar�ablt¢ntrics upan and insgections of the Qroperty.Lsn�u
<br /> shall give Borrowcr natice at tht time a€or prior ta an insp=ction spesifying reawnable cause fur 4he inspection.
<br /> 9 Cflndtt�wtfoa. The proceeds oY any award or cla�m far damages.direst or cens�qumcial.in connectian with
<br /> any condemnation or othcr talting of any part of the Praperty.ar for conveyazsce in lie�a of condemnation,are haeby
<br /> sssiaaed snd sh�ll be paid to l.endtr.
<br /> In the eveat af a tota!taking af the Pro�erty.the procads shall be apptied to the sums secural by this Securicy
<br /> Insttt�mpr.t,whdl�n or nat thm due,with�ny eace�s paid to Bonowu. ln the event of a parti=1 taking of the Pmperty,
<br /> unles.Borro�ret and Lestder othenvise agra in ariting„tho sums sccured by this Security In:trumaet shall bc reduxd by
<br /> the�aunt of the proceeds malfipliod by the faltaiving fraction:(a)the toea!ausount of the sums sccured immedi�tefy
<br /> befon the talcing,diviai�sd by(b)tbe fsir muket vaiue of tha Praputy irr►mediat:Iy befare the taking.Any baLnce s6aU be
<br /> p�id to Barrower.
<br /> lf the Property is aba�tdoned by Borsowsr.or if.after notice by Lendsr te Borrower that the ca�sdsnnar offers to
<br /> matcs an awud ot settle a etaim for d$mtges.Borrower 1'ails to respond to Lender a�i�hin 3a days after the date the notice is
<br /> given.I.ende�r is aushoaized ta.��'tct and spply the proceeds,at its optio�.either to restoratian or repair of the Property or
<br /> tothesumssecure�by this Sec�ity instrQment.whetherarnat tnm c�v�
<br /> Unlas Y,��and Borrewer otherwise agra in writing,s►ny a��tiation of Qrocads to principal shalt not axt�md az
<br /> pascpu�s the due c�of the t�.thly paymencs rcfened to in para&*a��s 1 and 2 ar chauge the amount of such paymer�.�
<br /> tD. Borrowu Not Y�°�e�sed; Forbawnce By Lendtr Nat• Wd�er. E�ctension af the time fer payment or
<br /> ma�i�tion of amortization c`e.'se sums secured by tl:is Security Instrumert,r�snted by Lender to s�y.suecessor in
<br /> interest of Banower shvS aot ope:ate to rdtase the tia�i�ty of the original Banca•�or 8ortower's successors in interest.
<br /> Latder shall not be required to commertce pr�ings against any sutcessor in intaest at refuse to extend time for
<br /> pnymmt or otherwise modify amortizatiaz��the sums secured by this Security Instr�mtnt by reason of any demand made
<br /> by tke origins!Borroaer or Bont�rer's successora ice interest.Any forbearance tsy Lertder in eaercising any right or remedy
<br /> :hall aoi be a aaver of�r preclr.u�.the exercise of any right or reraedy.
<br /> i�. SucceMOrs ud Aartps Borad:dot�t�ad Se�tnl Ifalrt�'fi+;Coyi�e.rs. The covenant4 a�d a�reements of
<br /> tlus Securiry Imtc�snt ehdl bind snd bee:e�::.�e succasors eu�d ass�s�i Lertder snd Borrower.subjxt to the provisi�ns
<br /> of puasnph 17.�ccywrePa covenanta in�,�or�at�s shaU be jQi:�s rr,��evenl.Any 9orrower who co-signs this Secur.ry
<br /> Inarumrnt but doa not eaecusa the Not�:(a)is c.�:�i�g thi�Sec�:�cc��Instrument onty to mortgsge.gru:t aad con�sy
<br /> thst Borrowa's intereat in s�e E�roperty under the tent�s af this Security lnstcument;(b)is nat persona�ly o�'��atod to pay
<br /> the sums securod by thi�Secu.."ir.y Instrument;and(c)a�ress that !eader and eny other Botrower may s.�;�e to eatend,
<br /> rnodify.forbtar or make tny arcotamodations with regard to the terrns of this Socurity lnat�:.rnent or t�e Ziote without
<br /> that Borruwer'econsent.
<br /> 12. Latn Gbae�a. If'thc totn suured 4y this Security Instrument is subjeCt to v!aw which sets ma�imum loan
<br /> char�a. snd �hat la�r ia fln�J.0 interpreted so th�t the iyiterest or a�ther loan chuges collected ar to be collected in
<br /> connxtion with the losn eACer:l the permitted limits. then: (�)any such loaa charge shall be reduced by the amount
<br /> noceu�ry to reduce tlsse charge to the permitted timit;and(b)sny�um�xlready coltected from Borrower which eaccede� .
<br /> permitted limJts�i[I:�ae refundod to Borrower. Lcrtda nu�y choode to mtke this refund by rcducing the principal o�� �
<br /> under ehe Note or Ly r.�akin�4 direct payment to Borrower.Tf a refund reduces principal,the reduction will be treated as u ��" �
<br /> p�rt�a1�sepaymmt withous arL�ptepayment charge un�cr ehe Note. ` �
<br /> Ii�. I.e�4lalloe ARee�� Lende*'a RI�L. fr:nactment or expiration of applicable laws h�v.�e effcet of
<br /> rendering�ny provision of tha Note or this�ecurity Inst:ument unenforcable according to its terms�LenC:r,at ita aption, t'
<br /> may require immodi�te payment in full of a�}:ums securcd by this Secunty lnstrument and r�ay invoke any remedies ' �
<br /> permitted by puagnph 19.If Lendet exercisa this option�Lender shall uke the steps speaifiecf ca the second paragraph of
<br /> pirajrsph tT.
<br /> l4. Nodca. Any notice to Borrower ptovided for in this Security lnstrument shall be given by delivering it or by
<br /> mailin� it by flt�: c1�ss mail unless applicable !aw req�::es use of another method. 7'he notice shal! ix diruted to the
<br /> Pruperty Addras:vr any other addres.s Borrower designstes by r.�:�^.,:to Lender.Any notice to Lender shall be given by
<br /> fl»t ctass mti!t�Y.mdcr's address stated hetein or eny o:":r ad�tesa 2ender designates by notice to Borrower.Any notice
<br /> proMCEed'for in thi�Security Inattument�h�ll be damai co':ave beea given to�orrower or Lender when�i��+as provided
<br /> in this pu��rsph.
<br /> is. Gq�eralas Lw;5erenbllity. This Secur�ey�s�strum�r.t sh�ll be governed by federal iaw�rc�E the law of the
<br /> jurisdiction in Mhich the Property is loeataf.In the event that a�y;s7ovision or clause of'this Sr..�LSity lnstrument or the
<br /> Note can!licta with tpplicable law�such coRaic:shAll not alfect other provisions uf this Se���it� inat:vcreent ar the Nate
<br /> which c�n be given effect withoct ehe conf".;:t:ng proviwa:s.To this end the provisions of this 5essrity I�s��r•:ment nnd ihe
<br /> Notcsre dxlared to be severa'�te
<br />: 16. Borro�er's Copy. Bvrrower s!�al!be given one conformcd copy of the Note end of this Srcuri:y Instrumcnt.
<br /> 17. 'I'ratsfer ot t6e Praperty or � Beaeflclal ?nterat in Ebo-rorer. If all or eny part of the Property ar:�ny
<br /> ir.��t�:est in it ia sold or lrensferred(or if a beueficiai intt.rrst in Rerrcher is sUld ar trnnsferred and 9orrower is not a r,acucr�i
<br /> petys^)wiih�ut I.ender's pnor written canscnt,Lend:r�ay.ut its opti�ti, rcyuire immediate payment in iull of all sums
<br /> see;::ed by tbis Sesurity Instrument. However. this o�::�n shall not be exercised by Lender if exercise is prohibited by
<br /> feder�l t�w u o1'the date of this 5ecunty Instrument. � �
<br /> If Lsnd•.r eaercises th�s optian,Lender shall give Borrawer notict of accelerat�nn.Tht notice shall provide a penad '"� " �
<br /> of not►ess than 30 days from the date the notice is deliv=red or meiled within which E�orrower must pay oU sums secured by
<br /> this Security lnstrument.lf$onower fuls to pby these sums privr to the expiration of this periotl.Lender may mvoke any
<br /> remedies permiusd by this Secunty instrument without further notue or demind on�3orrower
<br /> 1a.Borrawtr's Rigbt to Reintute. lf 8orrower mtets certain conditions,�orrawer shall have the nght tc,h,�ve
<br /> enfnrcement aPthis Secunt,y Instrumait diseontinued et eny t�me prinr tc►tht ter�ier af:ta)5��ys far such otirer pen�xi as
<br /> applira6te law may specify f'or re�nstntemenq befnre sale of the Ptupeny pursuant to riny power r�f sale rnntu�aed�n this �t-i
<br /> I Secunty Insttument,or(b)entry af a judgr►sent enforc�ng this Stc:unty Instrument 'Phase conclnu>ns nre that linrr�wer
<br /> L� (�)psys Lender al! s�ma whsch Ihen wnuld be due under thi9 Stc:uriry Instrument nnd th� Nc�te had nu nccelereucm �'
<br /> �ckurred.Ib)cures eny default uf any other cavennnts or ngraments. (c)pays ali ��pense� ►ncurred �n enforc�ng eh�s ��;
<br /> Secunry Instrurttent, �nciud�ng,but not limrted to. reasr�nnble attumeys' fees,end td1 take<<uch ection us L.rrider mAy
<br /> reasnnably reyu�rc ro assure thot the lien of th�s Sccunty InStrument. Lrnder's nphts ir� the Nr��perty nnd Elorr��wer"s +f�'�
<br /> abbs;uon t� pay the sum� scturetf by tins 5ecuniy Instrurrstnt ihall conz►nuc unch�nged !%[�}n reinstotement hy -
<br /> ilurtpwer,th���secur►ty InSEru►?zent nnd the ubl�gr.�itbtl5 4tctltc�3(tefthy ShA13 remain lully eiiecnve n�rf t-��+tc.rlrrahnn hrs�t
<br /> c�ceureetl N�wever,th�y ngnt a�retristetr�hi�if:sot odriy�n the tas-f�f'nccelrrnt�on under paro��a+nrt•• 1:,,> i;
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