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<br /> � � � 90-"�i01�0�
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<br /> If Lender requ'rrred mortgage insutance as a condition oP makinR the foan secured by this Securiry Instrument.
<br /> ; Borrower shall p�y the premiums required te maintaia the insurance in effect untit such time as thr reyuitement for the
<br /> ' insurance terniinates_in acco"r�'aitce with Barrower•s�nd Lender's written agreement ar applicable law.
<br /> � 8, i�o�:. ixnder:ar its agent may make reasonabk entries upon and inspections af the Prrperty..t,cader
<br /> � shalt giye Borrower noticeat the tuneof or priorto an inspection specifying reasortabte cause for the inspertion.
<br /> ' 9 CoedemnnKon. Tlie proceeds of any award or ciaim for damages,direct or consequential.in connectian with
<br /> any candemnaiion or attter taking of any part of ihe Properry,or for cpnveyance in lieu of condemnation,are herehy
<br /> ' � assigne�and shall begaid to I.ender. , ' � =
<br /> ,_, _.;._�tr.`:::;�::':. , � :;::�n ttte event;sa a total taking of the Property,the proceeds sha116e appfied to the sums secured by this Sccurity " .
<br /> �- �. Ins*.�,�ent;wket�oi;�ot clieeE�rs�a-�tts_any excess paid to Horruwer. In the event of a partial tuking of the Property.
<br /> •"'�`` - ' un�"�irower ant�Lenderc����eee in writing,the sums secured by this Security lnstrument shaU be redur.ed by •
<br /> �"�� `_: � � t&e a�,'v;u�t of the prc�eeeds nxt�L�.'-i�ed.�a�e followirig fraction:(a?the total amouat of the sum5 secured immediatety
<br /> ;�;�:�;;��� ..'.:.; ; before the taking,d�ided by�s�tI:e fair mac'�t�.vatue of the Property immediately before the taking.Any balanre shall be
<br /> ` •.., p�I�[O BQfiOWCt...'. -. , '. . . .: -;.:'.. .
<br /> _ ' ::';;;;;:_� '-l€the Prop+r�ty is abande�eit by Bqrs�er,or if,after notice by I.ender to Borrower that the condemnnr oiTtrs to
<br /> ,;;.;`:�;;�;;.;�::tse��,vrrard or settle a claiui E�damages,Borrower fails to respontl to Lender within 30 days after the date the notice is
<br /> `' =�."_._�::�.:����er is ant£iorized t��i�eci and apphy f�te proceeds,at iu a�stion,either to restoration or repair of the Prop�rty Ar -- =---
<br /> ': :;c�����:zrs secut�i�u this Secuii�ty fnstrume��whether or aot then due. '
<br /> ; � `�:��� - ��rless Letr��r and Borrower otherw��gree in writing,any application of proceeds to priacipal shall not extend ar :
<br /> � . �.��;r��po�igrr��the due date of the monthly payrcnesi��refecred ta in paragraphs 1 and 2�or change the artzount of such paymrnts.
<br /> , � : ' _ ��. Borro�ver Not Rele�sed; Forbearance By Lender Not a WaJver. Extension oP the time for payment or �
<br /> ' , . m�L cation of amortization of the sums secured by�his Security lnstrument granted 6y I.ender ta any successor in �
<br /> � � interest of Borrower shatl not aperate to re�ease the liability of the original Borrower ar Benower's successors in interest. •
<br /> � . : I.ender sha11 not be required to commence proceedings against any successor in interest or refuse to extend time far
<br /> - � 't . payment or othersvise modify amortizatian af Ehe sums secured by this Security Instrument by reason of any demand made
<br /> . _ . hy ttr�original Bonower or Harrower's successors in interest.Any for6earance hy I.ender in exercising any right or ramedy
<br /> � shalt:-nt be a waiver of or precludethe eaercisc of any right ar remedy. �
<br /> � 1I. Successors and Assiges Bo�md;Jqint and Several Liabil�ty;Co-sIgners. The covenants and agreements of '
<br /> � this 5ecurity Instrument shall bind and bene�ip tlie succ�sors and assigns of Lender and Borrower.subject to the pravisians �
<br /> i ,_ of paragraph 17.Borrower's covenants and agic�.�ements shall be joint and several.Any Barrower who casigns this Security , , .
<br /> Instnunent but does not eaecute the Note:(a?is co-si�nsn�this Security Instrument only to mongage.grant and convey
<br />" that Bor�ower's interest in the property under the terms e�fthis Security lnstrument:(b)is not personally obligated to pay � ; -:
<br /> the sums secured by this Security Instrument;and(c)a�rees that Lender artd any other Borrowe�may Agree ta extend.
<br /> � modif'y,forbear or make any accotrrmodations with regard ta�he terms oP this Security Instrument ar the Nate withaut
<br /> that Barrower's consent. . , -
<br /> 12. I.ostn Charges. Ii the loan secured by this Secadty Instrument is subject tn a law which se�s maximum loan � �
<br /> , charges, and that law is finally interpreted so that the interest ar other laan charges collected ar to be collected in � —
<br /> canneetion with the loan ezceed the permitted limits, then: (a)any such loan charge shall be reduced by the amount •
<br /> necessary to reduce the charge to the permiued limit;and(b)any sums already callected f'rom Borruwer which eareeded '- �� i
<br /> permitted limits wi�!be refunded to Horraw�* Lender may choose to make this refund by reducing the prinripal nwed �,
<br /> under ttte Note o�by making a direct paymeait to Borrower.If a refund reduces principal,the reciurtion�vill be trs�ated u�a ;
<br /> partial,repayment withaut any prepayment charge under ihe Note.
<br /> 13. Legislittion AHecting Lender's Rtghts. If enactment or expirntian af applicable luws ha.s the effect of�
<br /> rendering any pravision oPthe Note ar this Security Instrurnent unenforceable acenrding tn its terms,i.ender,at its aptian. ',' '
<br /> may require immediate payment in full of ai�sums secured by thia Security Instrument and may invoke any rcmedies �.
<br /> permitted by paragraph 19.If Lender eaerris�this option,lxnder shaA take the steps specified in tler sccond paragraph af `��•�
<br /> . para�r3�h 17. ' _�
<br /> , 14. Notices. Any notice to Horrow•er provided for in this Security Instrument shal!be given by delivering it or hy ,�
<br /> � mailing it by first class mail unless appli:ab;e law requires use of another method. The notice shaq be directed tn the
<br /> Property Address or any other address Borrawer designates by noiice to Lender.Any nntice to Lender shall be givcn by
<br /> ! first class mail tn I..ercder s addsess stated herein or any other addtess�.ender designat�by rtc�tice t�Borrower.Any natice �
<br /> provided for in this Security Inst�ment sha11 tse deemed to have been gic cn tn t3arrnwer or l,euder when given as prc�videcf �
<br /> in this paragraph. � '
<br /> lS. Governine I,ww;Severabiltty. This Security lnstrument,ts�ll be governe�i by federal law and the law i►i thc
<br /> jurisdiction in whicls t�te Property is locatNd. 9n the event that an��sra��ision or clause as thix 5ecurity Insuument ur thc
<br /> -- � -�--� -----�--..__ .. .
<br /> - �--- � ote conflicts wiiEe a�plicable law;�surh-co�ftict stiall�not atfec��other pr��visions�i'�tfiis 5ccuriiy 7nst�ument iit itie Nole
<br /> which can be given effect witheut the conflicting provisiun.To this es�d the pr�visions of lhis Security lnstrument�nd the
<br /> Note are dectared to be severa4�Jt_
<br /> fi6. Borro�rer's Copy. Borrower shall be given oae confnnnec�cc�py c�f thr Nate and of this 5ecurity lmtrument.
<br /> � , l7.� Traesiss ot the Property ar�Beneflcis! Inierest in Barrower. lf all ur any part af the YruJ:erty t�r any
<br /> ' interest in it is sola�ar transferred(or if a benef�cial interest in Borrawer is scild ar tramfcrred and H��rr�iwcr is nnt a nntura!
<br /> persoa)without Lender's prior wriuen consent.I.ender may.at its option.requira imtnedi:�te paymcnt in fu11 af all sums
<br /> sec�;e�by tbis Seeurity lnstru:;:�»t. However,this npti�n shall not he exercised by Lendrr if exereisr is prr,hibitcd hy
<br /> federal!aw as of the date of this Security Instrument. ��•�-�-=��
<br /> If Lender exercises this optian,Lend:r shali give�3orrower noticr of arreleratiun.7 he natiee shal!provide a peri��d '
<br /> . vf not less than 30days from the date the r.v�::�r is delivered ar maited within whirh Bnrrowcr mogt pay all�umc tiecured hy '
<br /> thic See�arity tnstrument.if Rc�rrowet fai;s to pay these�;;r.ts priur to the expiratlon nf this periad,l.endcr may im�uke tiuy
<br /> rer��:�..s permitted by this 5ec�:.r*y Instrument w�thclt f::.iher notice nr demand��n Hnnower. �
<br /> _ t8.�It+FOMrli������{�!!5ffiI�- �F BUfiBtiL'�',�lEElS�:eCl:stti Ci�teili�ttsASs&�rr�u�r�ha13 ha�c tE�r siN1�f iFS ha�c
<br /> enfor¢ement of t'�'rs Security Insfrument C:�::�niinued a1 any time pn�r ta thr•carfier��f:(a)S day�f��r such uther peri��d av `�
<br />: � applirable law m�y wpecify!'or reinstatetn,^;)before sale uf the Praperly pnrtsuant tu�ny p��wer„f sate conta�ncd uf th�c �
<br /> 5ecurity In�trument;ar(b)entry nf a judgrne��t enforring this 5�wurity Insuumem 7hc�.rc c�mditiunti��rr that Il„rt��wer:
<br />, � t:�)pays l,ender al!sums which then wc�uld be dtte ur,Qer thi�5ecutity lmtrument and thr Nnte had n�� .�crelrrutu+r� `'t
<br />� uccurred: (h!rurec any default r.�f any other c�>ver�bnts ur agreeit�rnt�; !ry pays aU erpenties u�curred nf cnfesrctn�t th�. ryt+Q
<br /> 5s:cut�ly In�hument, uulud�ng,8ut �ti�t limited to, teasonable attcrrneyt fet�; ancl(d1 t�+ke5 tiuch .�c�i�m .�ti I euder m,�y . ��+?�
<br />- � rea��m3hly reUu�rr. t+�a�surc that the lirn of'thi�5ecur�ty lt�vtrument. Leridcr'� nght� m thc 1'r�+peNy�.�nc� I3�nr�.��er'� � � . #�
<br /> � +�6!'i�ttcm 1c, p�r the St1I115 4�CUf�(I t1y 1llt� 5�cur�ty Ir�s4rumeti! sha!! l'kH1}�131lf: !lF14�1�!lt�:t'!I �'��un :a•iavtate�ne►et h} �' ' -
<br /> • fic+rr��urr,tMc Serur,�ty lnttrurficr�t nriJ the��bbgatrnny ucured heret�y�hsit re��iai�i iuli�cffcc�t��r.��;ft►�*:�rceler:�u��n h:a!
<br /> . ��'ct�rtri! H��actirt,tth�:n�6t tE+remstate tihull fl��!appty tu tltr�a�i�f acccler:wi��y imcict p.lru��r.�pi�ti t=�,r 17
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