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<br /> � if Lender requ�red rnartgagr�nsurance as a conditinn ��F inakm�the luan secured b�� thi�S`.�urtt�r [ns+rr.im�'rrl,
<br /> Borrower shall pay the premiums required to maintuin the msurance in eflect until sucfi time as the require:nent fuc the
<br /> �nsurance eer�ranates in areard�n�:e with Borrouer'�atid�.e�d�s's Kritten sgrc�menr or applieable}aw.
<br /> 8. Inspection. Lerider or its agent may make reasonable enines upon and ins{se;.tions oE the Prepertl. Lend�r
<br /> shall give Borrower natice at th�time of flr prior to an inspectinn s�e�if�ing reasonablccaose far the in�p�ctian.
<br /> 9. Condemnation. 3"he proce�ds af an4 a«ard or claim for damages.direct or conseauentiAl.in conn�ti�n u��ith
<br /> any condemnation or ather taking of any part of Ihe Pro�erty,or fnr cunvEyance in lieu af condcmnutian.are hcret����
<br /> assigned and shall be paid to Lender.
<br /> In the e�cnt of a totai taking of the Property, the proceeds shall be applied to thc sums sc:.ured by thi�;�ut�c;!t:
<br /> Instrument,whether or not then due,cvith any excess paid to Borcon�er. In the event of a partissl tt�i:in6 af tbe Prapesey;
<br /> untess Borrower and Lender others�i�e agree in wnting,the sums secured b��this Security In�trument st�n11 be re�dred by
<br /> the amour�t of the proceeds multiplied b}the fnilnc�ing iraction:(a)the tntul amnunt of the sums.�etur�d immediutely
<br /> be€ore the taking,di�ided isy(6)tite fair maric�t v„!ue of the Property�mr.teJiatcly before ehe tai;in�.Am�b�lance shall be
<br /> paid to Bonower. �
<br /> If the Prapsrt}�is abandon�3 by Banos�er,or if,after noiice b}�Lender to aarron�er tf�rat thc candmnnar.affers to
<br /> make an award or settle a ciaim for da.•nages.8orrmver fails to respond to Lendcr�within:3Q efays aft�K tha d�tn tha nniiee is
<br /> given,LendEr is authorize�f:o caltect and apply theproceeds,at itsaption,eifites ta:estnrcitinn ar rr.pair of thc�rop:rty Qr
<br /> to the sums secured b}�this��curity Instrurnent,whether ar not then due.
<br /> LJnless Lender ansf I�anawer otherwise agr�-in writing.any applicaltun af proceeds to�rincipal�h�ll aat estend or
<br /> pastpo�e the du�date of the monthl}�payments referred to�n parngraphs 1 und l ar change the amount of'such pa6�ments.
<br /> 1�. garroRer Not Released; For�tearanee gy Lendc�.Rcrt a Waiver. Extensian u��che time for pz�.�nent or
<br /> madific:atic�n of am�rtizatiun of the 4cuns secured by� thi� �ecurit,� IiiStrutnelt granted by.Lendcr tii any succ�sur in
<br /> inter�Y of Bc�rcower shall not aperate to:elease the liabilit,.of the originaLBurroa�er os Barrm�er's�u�^essors in interess.
<br /> Lender shal! not be required to commence prnceedings agamst an}� suceessor in inicrest•os refu�e to eatend time for
<br /> pa4•ment o�atherwitie modify amort»s.fiun of the sums secured by th�s Secunty In�trum�±�t�by reasnn of any�demand made
<br /> by 4F:e cr.�!r�.` �orrower or Borrower s snccessors in interest.Any fc�rbearance by I.e��e��n exercising any right nr remedy
<br /> sha!!net bz a ca aiver of or preclude the exercise of any right or remedy.
<br /> 11. �acsessors an�Assigns Sound;Joint Ans�Several Liabillty;Co•s�gners. The covenants and agreement�af
<br /> thts S.r:�rity Fr.strumer,t 41��1��ind and benefit th:str:�:�sors and assigns o£Lender and Bnrrower,subject to the pro�isions ' .
<br /> of par�,�ra�h 1�.Borrower's covenant�and agreements shaSi i��joi�t and several:An}Borrower who co-signs this�ecurity
<br /> [n5trument ts�.�does not execute the tvote:(�)is co-signing�t��,i SQCUrity lnstrumPnt�n{S t�mortgage,grant and d��nvey ,
<br /> that Bnrrow•er's intcrest in the Pre�s�t�•under the termti of th;s-�:curity Instrument;(b)iti not persanally abligated to pay
<br /> the sums secured hy this 5ecurity Instrument:and(c)agrees that Ixnder and any othe°r Barro«�er may agrce to extend.
<br /> modii'y.forbear or make any accommadations with regard to die termti af this 5ecurity lnstrument�r the Note without
<br /> that Bormwer's cor:sent.
<br /> lZ. Loan Charges. If the laars�ecured by this Security ln�trument is subject to a law which sets maximum foan `
<br />. charges. and that !aw is finally inh:�jsreted sa that the interest ar �ther loan charge� collected or to be coUected in �
<br /> cannectinn with the lt�an exceed r.1+_.�ermitted limits,then: (a)any tuch laan charge sha!! be reduced by the amount • �
<br /> neressary to reduce the clsar�N t��ltc pesmitted limit:and(b)any sum�.already collected from Borrawer which exceeded � `•���
<br /> �3wrmitted limits wi1) be r�fu�_d�� ra Qortc�wer. l.ender may�chc�ose tn make this refw�d hy reducing the prineip;�l uwed � J
<br /> �r•_tier the Note ar by making a�ire;:t t:���ment to Borr��ver. lf a refund reduceti princip:�l,the reductian�vill be tr�tcd as a
<br /> pa:!ial pre�sayrr�.ent withaut am pre�s,ti irent chargc undcr thc Nutc.
<br /> 13, I.egislatian ABecting �.vs�3+er's Ri�.hts. If cnactment or expirat�on uP ..-�'icable laws has the el�ect nf
<br /> ria;n�ering any provision of the I�ate c:thts Serur�ty Intitrument unenfi�rceahle accordint.�:;:ts term4. L.�;�der,at its optinn. ' ,
<br /> r.ay reyuire irr�mediate paymem :n f,�:l�f all�,um5 tierured hy ihiti 5ecurr_� Cnstr+.:n:e.c �.^.d ma�� :i:ck� any remedies
<br /> permitted by paragraph 19.tf i.enac-r e.c,e;e�ses ti�is upt�nn, I,ender shall take�r•e��e��.�-�>:ied in tne�f•.�_-�i parat;raph of ���
<br /> paragraph 17.
<br /> 14. NAtICf9. Any n,~t��.e;o t3�--rower providcd f��r in th�sSecurity Ir�•rument�.ila;l he gi�c����.�e:i�.er,�;;�t or hy
<br /> :�ailing it by first class n5°:>>( �a:�less applicable lativ requireti use of an��thcr r;�.thod. 7'he nutic°�l�:.i! t�e direc:�d t�� thc
<br /> Property Address c�r any ather address Borrower designatrti hy nutice u>i.endcr. Any natice ti� Le:der shall h-c y;iven by
<br /> first rlacs m�►il t��Lender's address state�herein or an��other addresti I.ender designates Is� ^:st�ce to Iic�rrower.A.�;� �utic�
<br /> pr�vided for in thi�Security ln�trumeut shall be dcemec!1��h�►��e heen gi�•en to 13orrow�r�-�r f.s:nder when given a51a���vided
<br /> in this par.igr�ph.
<br /> 15. Governing l.aw;SeverabHity. This Se;;urny Instrument shall hr gc�vcrned hy�federui l�tu. �nd the Irsw r�f'the
<br /> jurisdictivn in which Ihe Prvperty is lacated.ln tl�e ecent that any pruvision or clau4e uf t}n�Secur.cy lnstrumeru nr the
<br /> �3ute conDicts a•ith applicable law.�uch conflict sh:�U not nfFert ��ther pruvisionti of lhi�Security Instrument ar thr Ne►te
<br /> which can h�gicen effect�vithnut the ce�nflictmR pm��sinn. "fo t his end the pravisiunti�,f�}n5 Security Instrumei}t and the
<br /> N��te�re dcclared tc�be sever�ble.
<br /> 16. Borrower's Copy. Bc+rn�a•er shaU he g�e•en one cnnfurmed copy r•,f rhe'�� °c and c+f this 5r�:urity lnctrume�d.
<br /> 17. Transtcr nt fhe f'roperty ur a BeneRtial lnterest in dlorrowc�. IC:�I1 �:r any part uf the 1'ruperty ��r any
<br /> intere5t in it ic sold ar tran�frrred(��r�f a beneficial�nterest�►i Hurrower is�uW��r tra,�I�crred and Ncirr��a•er iti not a natur.�!
<br /> person)without l.endcr'c�in��r wttUr►t co►►SCru. Lender m�sp,ut its EtipUon,nyuire imrncdi�ite p�}•ment in fuH uf�all sum�
<br /> secuteci b�• thi4 Security Inwtrurarnt. Hawevcr. 1hi�c+pttun �l�ull n��t be exerci�cd hy I.cti�lcr if exercitir tti ��r�diibitcd by�
<br /> fcderallaw.���•fthcdateE�fthi�Serurit}•Intitrument. �"' T—
<br /> lf Irnder exerc��rs th�ti nrt�nn,l.ender+hall g��e tinrru«er nc�tire e�f accelerannn "t he nnt�ce tihall rnwide:i per���d
<br /> of not le,�th:,n ;Oday�f�um the da�r the nuti,c�t dcl�cercd c,r�r��de�uit�un u h�eh H��rr<�u�•r i►�u�t p:�y all.urm�rcured by
<br /> thi�5ecunt} In�trument if Horr�+wer fa�lt tc�p.iy thctie�ums pti��r 1���hr exp�tatial►i�f tFu�per�s�d.1 ender may��n��+ke ar�y
<br /> rerrzedtes perm�tte�i b}thts 5ec�r�ty Instrument u�th�us further nr�Uce or den�anc!un 1i��cm�ser
<br /> 18.B��rroNer's Rip,lit t�C2einstate. If I.�c�tt�rs«t rr�ecls ccrtnin c<md�t�nn�, H�m•c,acr �hall ha�c thc ri�;ht tn ha�r �
<br /> ersfr�tcement nf�thi�tircun�y(ntitrument diticnn►inued at any htiri�pn��r tn the cartier nf.I:ir 5 da}S(c�r tiu:h��ther pennd a� `#�f-
<br /> � aCrl�t�:ihlr latir rn�y tiperify int �C�nslatetTtetUih�fote�alcuFihe F'mp:rt�• ptn�u:�nt t��;u�t r���rcr i�f�;ife runt:unc�!m tl��� ���
<br /> SCi ut�ly ln�etuinenF.t�F Ihl entty<�f it�u;l�.:ri�ent cnft�tc'tn�� ttatv!�e�tesitr [t��tttttncnt Ih:��e intuhtter.r.,�r�•th:�t Ht,ttnurr �
<br /> !a1 ��ay� I e�ider ;�!? �u�n� ti.hicli tlien ����eEel hr duc unde! tln� ticcurit} Imtrutr�ent ��tid thc tintr had i�:, .i�:cicrattf,ti `*�
<br /> ����utreel Ik,i�urc� anc de�F�ult ��f :uwti ��ther.�,�enarEt<<�r �ipreeu�ent� 1�� �,ay�.�ll nK=�e��~r, iui�►n�•a m cnh,r�u�E: tlu. �(
<br />• tie,.nrttt fI►ISSYtl79,ri;'. �:��_fuitiriF. hc�t�i:�E I�rr��te.t t�,, rc.��nti.ai,(c �ittnrri:•��' fct, .�nct t�li ',ih��� •.u�h :s�n„n.i, I:n:tcr ni:t� �1
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