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<br /> � If Len�er reqwred mortgage insurance as a con�ition oF inaking t:te loan securcd by this Security Instrument,
<br /> Bonower shall pay the premiurns required to maintain the insurance in eSect untet such time as the requirement for the
<br /> inse�rance Eermiria[rsinaccosdance with Earrauer's and L,er�dec's Kr�tten agreement arapplicabie 13w.
<br /> 8. Inspectian. Lend�r or its agent may make re�sonable entries upon and inspectians of the Preperiy.Lender
<br /> shall give Borrower nottce at the time of ar prior ta an inspection specify ing reasonable cause for the inspeMion.
<br /> 9, Condemnation. Ths praceeds of an}•award or claim for damages,direct or consetJuential.in connection with
<br /> any condemnation or other taking of an}• part of the Praperiy. or for cam�eyance in lieu of condemnation, are hereby
<br /> assigned and shall be paid to Lend�r.
<br /> In the event of a tata!taking of the Propert?.the proceeds shall be applied to ihe sums secured by this Sesurity
<br /> lnstrument,whether or not then due,aith any excess paid to Bonawer. In the event of a partial taking of the Property,
<br /> untess Borrower and Lender othenvise agree in cvriting,the sums secured by this Security Instre�ment shall be reduced by
<br /> the amount of the proceeds multiplied by the following fraction:(a)the total amount of the sums secured immediately
<br /> before the taking,di�ided Esy(b)tt►e fair market value of the Praperty immediately before the taking.Any balance shall be
<br /> paid to Bonower.
<br /> Ii the Propert}is abandoned by Bnrrower,or if,after notice by Lender to Borro«er that the condemnor a�ers r�u
<br /> �u�an award or settte a cdaim for damages.Bcc-sc�wer fails to�w�ond to�.eader w�ithin 3��ays after the date the nf��i��s
<br /> ��-�r s....:.'�s authorize�i to colleet and ap�tti `��r-eczeds.��sts��tiar.�t:�er to cest�?��en or reFair of the Pra�e;?;:cr
<br /> L::ike;i:zas s�:.:::�h�±1��is Security instrume�t����i,�r�r n:�:i:�:��a�.
<br /> �:r.?��L�.:.3e�=�:3.��rrawer nthetwise::_...����.•-��.���a�piic�.��1 af prvice�s:s;e grynce}sa��:tall not exter�d e�
<br /> ��stpone t�i�d��C�:e,f t'r e^-:,-t�;y t.��-ments ref:Ted tu:.tz}-_:..-.�_raphs i and 2 or charLe the ame�rcr uf such�ac�e:�t4_
<br /> 10. �:�xer �ot ReL�e� �orbearance By Le��i�:iot a �i'aiver. EA:ens:�;�of the time for pz���t. er
<br /> modificaEit��: cf a:r_.-*.��ation o€th,sc-r:s secured tsy this �".�rty fnstrument grsntec ey I.ender to�ny succes�.;c i�
<br /> interest of H���.au;T s�li.r,�t operate to re::sse the liability cf sL-.original Borrow�er or Honower s successors in ic�terest.
<br /> lLender shatl :�at he reqsi�ed to comr.:encc pr�J:,kdings a�atn�- any Su�;�:s�r in interest or refuse te eatend t:me for
<br /> �rsyment orot�erwise m��dify amorti.��ian ef ti��s�.cns securesi��;�z�s S�:�n:�[nstr�ment f���reasar<cF�ny demand made
<br /> hy t'he ori,�ina.�Borrower or Borrou�r's�.:c:ess;r�s°,i�tere�,'..a-.: ::�r+_+cara:�ce bt•Le�der rc��r.erci�r��anc:-ight�r r�medy
<br /> s4�a�1 nc�t►x a�,:�aiver af or preclude ila�ex���c�r�,i as3��sght ur re���r�y .
<br /> 11. S3ccessors and Asslgns Bound;Jo�iai�3 Seveeal Y.iability;Ccs-signers. Thc cn��enants aad agre�ments of
<br /> tF��s Secunt}Instrum:nt shali bind and benefit th:yu.cessors and assigns of L.ender ancf Horro�vEr;subject to the provisions '
<br /> of p�ragraph 17.Borrower's cc�venants and agreements shal!be joint and several.Any$arrcnti•er wha�•�•si�s this Security
<br /> Instrumeni but does n�t execute the Note:(a)is co-signing this Security [n�;trument oniy*tr,mortgage,grant and convey ,
<br /> that Rorrower's interest�n the Prnperly under the terms of thi�Securrty In�trament: (61��:nnt p�rsonally c�bligated to pay
<br /> the sums Secured by ihis Security[n,trument:and(c)agrces that I.ender and any nlhrr Hnrr<+��•cr may agree to extend,
<br /> modify,fnrbcar ur make any acrnmmodatians«•ith regard ta the tcrm�,nf ihi�.Secunry Inrtrument ar the Nosr without
<br /> that Bc�rrower'�,consent.
<br /> 12. Loan Clh�rges. !f the loan tiecurcJ hy thiti Sccu�ty tnhtrument �•.cuhiert �o a taw «hich tietti maximum loan
<br /> char6eti, and that law ic finally interpreted tio that the intere+t �ir o�hcr tnpn churge�. c�Uected ��r t�� he c�llected in '
<br /> connechon w�sh the loan eaceed the permitted limit�;, then: (a) any such tnan chargc tihaU he reduced by the amount . ;
<br /> neces�ary tn reduce Ihe charge to ihe permitted lim�t;and(�)any cum�:alr�:ady colleeted from Onrrower which exceeded
<br /> permitted limitc will be refunded tn Bnrra�ver. I�ender muy chRO�e a�mu�:e thit.refund by redueing the principal owed
<br /> under the�ote or by making a dircet p�yment tn Borrc�wer lf a retwid redu�eti princ�pnl,the reducUon wiU he ireated as u
<br /> partial prepa:ment without any prep•r.�•ment chnrge undcr Yha:?�utc.
<br /> Id. [.egislatio� Affectin�I,ender's Ri�hts. If enUC�ment ur cxp�ration of ap�licable lawti hati ihe e�'ect ��f
<br /> rendering any prrniston uf the Nnte or thi�.Secur�ty Ins.trument unentnru�hQe accord�ng t�itr termti, l,ender,at it<<�pti�m,
<br /> may reyuire immediate payment�n full nf all tium�. sceurc:t h�� this 5ccur.t. In�.trument and :nay �nr��ke any remedies •
<br /> permitted by p�ragraph 19. lil�ender cr.eccises this optian,[_ender Shs�ll�a&e:t�►e�tep4 tipec�fied in ihe seamci paragraph c�f'
<br /> paragraph V.
<br /> 14. Notiees. Any naticetn 1���r��wer prrn��dr:J fi�r�n thi�.5ecunty Is<<.trument shaU he g�ven by dciivenng it or by
<br /> mailing it by fint clas� ma�1 unless app,icablc l�,��� rc:�u�re� us.r esI anntl�c;r method. "The notice shall be c�irerted to lhc
<br /> Prc�perty Addresti or any c,ther addreati tiartrnver ctc�i�nate, hy noticc to l��der. Any n�>tice to Lender tihall he�iven by
<br /> first class m.�:_to I,tSld�'t 5�1(iflfl'tt�(ItCcw€rycrc:in ar an+.�otfter;�d�r�«L_c�dr�dcsi�;natcs by noticc tc>I�orrowcr.An4 nnticc
<br /> pravided f�-:n th�ti Secun�y In�trumenl sct�ll be dtcmed!n hatie�c:en g�trn ta Iiurr�►wer��r l.cncfer when given:+4 pr�vided
<br /> in this paragraph.
<br /> 15. Governing l.aiv;Sevesabillty. '1'bi�Sr::urUy Instrumc�it tihall hc gnverned hy fcd�r,al law und thc I�w of thc
<br /> jurisdictian�n which tF�e Nrc,p�rty i!, lacaicd. b�the event that any nr��v�ti�c�ii c,r clau�c��f.th�ti Srcur�ty Instrument i�r the
<br /> Nnte ronllicts�r•�Ih appl�rahle l�tiv,tiu;:h ronfliet shall nnt affect�►ther pravisi��ns uf'th�ti Security� Intitrument��r the Nute
<br /> wh�eh can he 6s��en:ffe:�t��•cthuut the eonflicting prc�vision. Tu th��eu�l the pr��v�tiionti��f thiti Security Ilititrument und tl�e
<br /> Nute arc declarcci tu be�cti•erahle.
<br /> 16. Burrowet'S(`opy. Hi�rrawcr shall hc ic��en one conFi>rmc�1 cufi�nf the Note nud�if thiti Security lntitrwnent.
<br /> 17. Tronsfer of the Praperty or a BeneNcivl lnterest In Kotrnwcr, If all ��r any part of tl�c !'ruperty ur .iny
<br /> iritere�t�n it i5 sc�l:i ar�ru�r�.Ferr�d(or if a benefici�l interctit irs Unrruwer n s�,ld��r trantitcr�rd.ind Horruwer�ti n��t:�naturnl
<br /> �er4ou)��if17c:�t I.e�ider'1 pnur v�•ri�t�r�c��nsent. I,ender m��y,a� �t�,i�ptxm, �rywre�nirtietl�ate��ayrncn� in full���al!tiums
<br />, �ecured h} tr+:s Security 6n�_tru+c�er.t. 6�owever. tfns upttun tih�1: not be er,e�cned h�i l.tnder�f'rxerc��c iti protzih,te:l h}•
<br /> fCC�Cf11 Ivu:�t 6�t�1T tlil�C l�-hi;5c.�-;cy Ic�Strument ---_-_=—__
<br />' ]f�Lender e�erciseY.:ti��. .^,::;n.l.endrr tihall give 13orrowrr n��t►ce of:iE�eelrtat:(�tt I FiC(IU1F1'C ti}IAII�Tr,viei�.�per.;:,E
<br /> � f aot ic�.s±hars ?tl��ys Cru�:� th:;atc*'�c r��,ticc►tidcli�•cred<►r mai:ed�cuhm ul;�ch Fi+yT:�:v�cr mu�t pas�,it)�unn���u-cd h}
<br /> • this Securii, Instru�nent lf tinrrrnrcr,�.,jl�tu p.�y thc5r�ttmti pne-to the ex�u�bon��('t�;;�;eri�,d. I.cndcr rnay�r��,•ke.,ny
<br /> remedies!^�cr�:itted 5y thi�,Srrurity Lr��r«m«,e w•�tr,��►��r��T�h«r���:ce or dcmand<m}y��:r_�ucr �
<br /> ia:�mrRwer's�ip,i�t to �tcinsfbte. If Hi,rruucr rnrrtti:c•rtain cnr�a::c:om. f�:•:,-:.u•cr Shall have thc nE.�•.� t,� ha�e ���
<br /> ct►forcetnen�of th�s Secunty Intlru►nent dt�cu»�mued at auy tr,::e�r.ur,i:rt�r rarlier nf.f:if 4 day�.(nr tiuch�riher�c..;..i!as �.10!'�:
<br /> � ,+rni��;�hre!��.��„��y ti�,«ify fiir rem�tatement►hcti�re s;de��f thc�f'rnpersy��urst�ant tr.:°; p��ticer uf�ule e��r�t;ur::•_:':� ;hi� �'
<br /> 5ccunty� ir,�+.rumrnt.„r Ih� enln uf���uQ�me�at cnfiucm�:tletitiy::.ui�ty Inetrunirnt "I!���,:c��iid�hun�are th,�t :;;;c�,ucr ��`
<br /> ral r�y� (ender aif titims ti�htch �hen u�itiiiid be due under thi� 5:�rurity In�trument t�nd tlic ',�a�te hail mi aic�•Ier:�tnm �,
<br /> +�c�urred. Ih� cures an�� Jci;�ult �,f any nther �nvrnautti nr ���reetnentti. (c) ruvs al) erxpenLC, �neurred m rnf���c•in�: tln� ��,�
<br /> 5e�un�} Irititrif�nerit. �::cluttinf•. hul r�ut lsmued t�•�. ret�eemahtr att��fflE'tiS Ft•e� �nti (e!►i�eRc..uch,u�h��n ,�� 1����Eicr in:��
<br /> tc�s!�twbl} tcc�tutr tu:���ute �lr�l Ihc ltcti ��f tl�i�. 4t�c t�t�ly [mlrt�tncnl. f c►rdct'� n�ht�rn thc• 1'��,���•r14 etiFl N+,rri�u:•r'� • .
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