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<br /> 90�-1U1495
<br /> � If Lender requir�d martgage insurance as a condition of making the loan secured by this Security Instrument.
<br /> Borrower shall pay the premiums required to maintain the insurance in effect until such time as the require�nent for the
<br /> insurance terminates in axordance with Borro�er s and Lender s w rittec�agreement or applicable law�.
<br /> � 8. Inspection. Lender or its agent may make reasonable entries upon and insg�rtions of the Pacperty. Lender
<br /> shali gi�e Borrower notice at the time of ar prior to an inspection specif}ing ceasonable cause for the inspection.
<br /> 9. Condemnation. The procee�s of any award or claim For damages,ditect or consequential,in connecrion with
<br /> ' any condemnation or other takia�of acy part uf the Property,ar for conveSance in liea of eondemnation,are hereby
<br /> assigned artd shall be paid to Lender..
<br /> In the e�•ent of a total taking of the Propert},the proceeds shall be applied to th�e sums secured by this Secusity
<br /> Instrument,whether or not then due,witt�any excess paid to Bonower. In the eo•ent of a partial taking af the Property,
<br /> unless Borrower and Lender oiherwis�agree in w�riting,the sums secured by this Security Instrumenc s}ialI be reduced by
<br /> the amount of the praeeeds mu?tiplied by the following frsetion:(a)the tota! a�c�;�nt of the sums secured immediately
<br /> before the taking,divided by(b)rhe fair market value of t�e Property immediately befare the taking.An�balance sliall be
<br /> paid to Borrower.
<br /> If the Prppe�y is abandoned by Borracyer,or if,after notice b}�Lender to Borroa•er that the condemnor offers to
<br /> make an award ar s�ttle a daim for damages,Barrower fails to respand to Lender within 30 days aftes the dat�the notice is
<br /> given,Lende�is authorized to callect and apply the proceeds,at its option.either t�?resiaration or repair of ihe Property or
<br /> ' to the sums secured bv this S�rrry Instrument.whether or not then due.
<br /> Unless Lender an�Borra�er otherwise agree in writing.any application of�*r�ceeds to principal shall r.ot extend or
<br /> post�one the due d�te c�f the mcnthly pay r,sescts referred to in paragraphs 1 and 2 or change the amaunt of such payments.
<br /> 10. Borro�er Not Reieased; ForLn�r,-,nce By Lender �ot a tVaiver. Extensian af t?;e tirne for payment or
<br /> modification �f amartization af the sums s�ured by this Security lnstrument granted bt• L.°::der to any successor in
<br /> interest of Borroa�er shall not e�erate to release the Iiab�I�:g nf the original Borroc4cr or BorroRer`s successors in interest.
<br /> Lender shall not be required to commence proceedirt� �gainst any� suecessor in interest or refuse to extend time for
<br /> payment or otherwise modify amorlization of the sums s��ured by this Security Instrument by reason af any demand made
<br /> by the original 8orrc::er or Borro�ver's successars in interest.Any fofiearance by Le.^.der in exercising any right or rerr►edy
<br /> shall not be a waever.�f or prec'ude the exercise of any rigf-it er remedy.
<br /> il. Successors and As�gns Bound;Joint and S�seral Liabitity;Co-sigr.c-c�. The covenants and agreements of
<br /> this Security Instrument shat!ti^d and benefit the successcs s an3 assigns af Lender and Borrower,cubject to the provisions
<br /> of paragraph 17.Borrower's covenants and agreements shall be joint and 5everal.Any Borras�er;z�ho co-signs this 5ecurity
<br /> Instrument but does not execute the Note:(a)is co-signing this 5ecurity lnstrument only to rrcrtgage,grant and convey
<br /> that Borrower's intc-�st in the Propeny uncier the terms cf t'�is Security Instrument:(b)is no.Ye;tonall•;eL�'±gated to pay
<br /> the�u�rc-s cecured�y this Security Instrument;and(c)a��:es that Lender anci any�ther Borroa•er r�a4 a.r�e to extend.
<br /> mud�fy, forbear or make any accommadations with regard tn the terms of this Security Instru:.^.er.t:-�*_:-�.tiote without
<br /> that Rorr�wer's cor�.ent.
<br /> ll. Loar��i*arges, lf'the loan secured by thic Security (nstrument is tiubject to a law+z hich sets maximum loan
<br /> charges, and thai �::�+ is finally interpreted so that the interest or ather Ic�an charges collected or ta he cullected in
<br /> connection with the loan exceed the permitted limits, then: (a) any such loan charge tihall bt reduced by the amount :�
<br /> nrcessary to reduce the aharge t��the permitted limit;and(b)any sums already collected irom Borrower which exceeded ' • •�
<br /> permitted limits will be refunded to Borrower. Lender may chouse tu make thi`ref'und by reducing the principa)owed ' �~
<br /> under the Note or��making a direct payment to H��rrowcr.If a refund reducet principal,thr re�a�ction wiU be tre;ated as a .�
<br /> partia)prepayment����thout any prepayment charge under the Notr.
<br /> 13. Y.e�sla.snn AtTectin� Lender's Ri�hts. [S en�►ctment nr rxpirat�on nf applicable la�vs h,�; thc effett of
<br /> renden�3 any pro�isian of the Acr.e nr this Security Intitru�ent unenfnrceable acrnrding tu its term5,Lrnder,at its optiou, ��
<br /> may reguire im:neG:ate payme.t in full nf aU sumti secured by thi�.Sccunt�� Instrument and muy invoke any remedies �
<br /> permitted b��paragr��h 19.IPl.ender exercises thi�i�ption,Lender Srall�ake the titep�specified in the second paragraph af � �
<br /> paragraph 17. '
<br /> t�. '.ti�ti�:.-.. Any nntice t��ormwcr prnv�ded for in this 5ec rity Ins.s:�,:ent�hall bc given by delivering it or by �
<br />� mailins i: by Ercc .�ass mail unless applicable law requireti use of another method. "Thr nntire tihaU be directed to the '
<br />: Pruperty Address c-any other addrest Norrower dctiignates by nc�tice to l.cude;r. Any natice cc� Lcndcr shall he given by
<br /> first class mail tn[.ci:�er's addretis rtatcd fiere�n or any other addreti�l.,e:nder destgnateti by nchi.�to R��rrower.Any notice
<br /> provided for in tr:�Security Intitrument shall be deemed to have heen given u�Hurrower ur l.e,,.ier when given as provided
<br /> in this�aragraph. '
<br /> �5. Governing l.aw;5evers�bility. This Sccuruy [r�,rument shall hc g�ncrncd by federal law and t(�e law of thc
<br /> jurisd�tr.on in u�hich the Property is torate�. In the e�•ene �hat any provitiion nr clau�e uf th�ti tiecunty Intitrument ar the
<br /> Nate cc�nflicts with:jpplieable la�v.such cunflict shall nat affeet cthe� �+rc�vitiinns e>f th�s Security Instrument or the N��te �
<br /> which can he gnen c�f.'ect withaut the conflictin€prnvision. Tn th�s cr�:c':r provitiioiiti nf�his ticcurity Instrumcnt and the
<br /> N��te are dcclared:;>be sc�erable.
<br /> l�5. �37tlWQ'�9 S„)A�. �;:nr:��c;;hal)1:�grvcn,�r.e conformc�a�j,y c:P;;,c�c�tc and i�f Ihi�Security Intitrumrnt.
<br /> l7. Trnnsfer of thc Pruperty ur a Benefecial Int�rest in Harrower. If zii c�r any part of'thr Prupert�• ��r.�ny
<br /> +merest in u�c tci2 c r tran.rferred(��r if a benefici�l interest in H�rroue-:����id c�r tr;�ntferre�and t3orrrnver n n�t a na�ural
<br /> �+ercnn)withnut �:�der's pnor written ca;��ent, l.endcr rnay,at its��^�.i� ;;, rec;�.:::e itnmediate payment m full��f all sumt
<br /> sccurec! h}� thi�cecurity tnstrument. Haa•evCr. tl��� c,pt�rm sfiall nnt i�e eK;:r,.��rJ `+y Lcnder�i'exerri�e it ��r��hibited t�y
<br /> feder�llawnsof'thedate�fihis5ecurityIntitrumcnt. _:, _ __,_
<br /> If Lender excrct�ec th�s c�pt�e�n,l.ender shall give 8nrrntiver not�ce c�f acee:�t�-io�i '1'iie n��trcr tihall rrc�vide a peri��d •
<br /> c�f not Ies4 than 30day�from the date the notice iti delivered or ma�led tti:�hin tivhtch Hcvr���cer mii�t pay all�umti tiecured hy
<br /> th�s Secur�ty lnti(rument. tf l3ortc�wer f,�il�to pay these sun�s pnur tn thc expirati�m ut�thi���en��d. I.rnder m.�} �uw,ke.ui,
<br />' remedce�pennitted by th�s 5ccunty In�trument w�thrnet furthcr nnt�cc:;r dcmand��n Hnrancrr.
<br /> 18.Barrower•s[diQht tn[te;e��4rQ_ !f�#�rro�•:er ns�s�.L'�tl:ttii L'ttFi(3iiiiiiii. O{i.�r��ti.�r il�sii Ir.�Lr Ilrr rr�:irt tc,hati•e �
<br /> enfi+rcrn�ent��F th��Secunty Instrument d�sc�mUnued at any unu prir�r tn the earher��f (��14 dayti(or sueh nther�rraud ati � �
<br /> .�pphc.�htc lau�may�Speeify fur rcimtatementl hefnre�ale e,f tlie Yr�rJ�erty�rursuctnt tn anc �,�,tiser i�f�.de cnnt,uued m tht� ��
<br /> 5ecut��y In�trurr,eu�. ��r 1h�entrc uf.��udi�n;ent e►d�ucm�; th�s Secur�ty� In�trumcnt 'Ch���e�nndittnm c�re that Ii�,rrnucr �a�
<br /> (a) p.�yti l.cruicr a)I 4utn� t�hir�t thrt� uc�ul�i he clue cmJet �biti �ccunEy i�ttitrt�ment .md th� '�inte n.��i „E,a�..rlrc,iUa�si ��`
<br />, �r,�urrcd_ !h� �urc� any �iel;���h ��f any nthcr c�,�enantr�u a�recrncnts: (c► �
<br /> N pay� �II c��feri.r. iticutrccf m c•nt��rctn� thi� �
<br /> CO
<br /> �c•runty' Inttrumt�nr. iutlu<hng, i�ul nn! himtcd tc�. reas�,nab�c�ttc�rncy� !e�c� trtid fcS) �,i[�rti.u�h :i�u�,n a. I cn�fcr m:�r �i,C�
<br /> rctirrn�,tF+l} rcyutrc tr�,��s�.,rr th�t tiic I�r.n Ed [h�ti ti:.���tity In«turnrnt. I cnticr'� ►t�kttti in th�• hr„;�i��t4 ,u�d li�,rr„«cr'4
<br />� c:t�fi�aE�nrt �f, ��.�E Ifte tititm cc�urcti ��� thi: 5c�unt� lu�l:�itFiet±t �11t+l1 :•�trtttt:�r ��ts�h��t��rr} l T�.•�� ;�-rtr.t.itc�rnc�i�t ±•ti - -
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