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<br /> � � It Lender reguired marig�qe insurar�ee as a ean�tion oi making tha[oan secured by the Securiry Instrumen�,Bottower sh�8 pay the
<br /> � premtums required tp�rwinLtn tf�e Insutanoe tn eltec!unW such time as the requirement for the tnsurance te+minates in accordunee wrth
<br /> 8ortower's and tenda's wrRten ag�i or appGcabte(aw. � �
<br /> , 8. t11�pYCtlOn. lender or Eta agent mry maRe reasonabTe entr�es upon and tnspectians ot tbe Property. ►ender shaa give 8ortower .
<br /> r �ottce at the fkne ot or prfia�W an i�specttan speafyirtg reasonable cause tot the Inspectioa. - - .
<br /> t 9. CpttdenftlaNOB. The praaeds ot a�r award or datm ior damages. d�ct or conseqpential, tn connedion wdh any eondemna. ' �� �
<br /> ' tion or other takinQ oi any put ot�he Properry,or tor eonreyance in Geu at oondermation, are hereby assfigned and sha0 6e paid to '
<br /> Ls+�aet. '
<br /> � in the event.of a toUf ta(dng oi t�ne PrapMy. the proceeds sha!be appBed to the s�nns seaired by ihis Security fnstrume�ti, whether
<br /> ar not then�e.wRh sny excesa paid to Borrowa (n the evenf oi s pa�ftal taktng oYthe Property..unless Boaower and l.ender olhawiae
<br /> agree in wri�rtp. the sums saaaed by this SewrHy Ina6umen!sfiai be reduced by the artwunt of the proceeds muitip6ed by the to�o�whg .
<br /> � . trar�ton: (a)the toW arnount of swns aecured(rtxne�ately before thn t�dc�,cfvbded 6y(b)t6e ta�r maricet vah�e ot the Prope�ty inmedatdy
<br /> , before the takk�g.My�nce ahY 6e p�id to Barorrer. •
<br /> � ` If t6e Properry is ab�ndtMed by BaTOwet. or i1 ane►notioe by I.ertder to Borrower thai the condemnor oflers to make an award or
<br /> , setUe a daim iw damapcs. Eorrower fals to respond to lende►wlthin 30 days aRer the date the not�Fe is gtven.Lertder is anthorized to �
<br /> colled and appy the proceeds, ai Ra op�on. either W restoration or repair of the Property or to 1he sums sec�rs�by this Security -
<br /> Instrument.wheth�o►not then due. - . ° � . . . '
<br /> � � Unfess Lender end Borrower ethe�wfae agree 1n writing, eny eppRcaUon ot proceeds to pdnctpal sha0 noi ettte�s;�t or postparte the due .
<br /> date of the montfiy pxyments roterred ta in para�aph 1 and 2 or change the�unount of sucti payments. • � .. - �
<br /> � . . _ . __ 1d. Bon�►�tr[►!ot Rel��s9�,-€���►!w?!r�e�+�_�4ttt�Ar-l��!t.1l�si�� 6ctacrst�ai-�.�3�-��ir-���ar-�:.:- • -, - ' - �
<br /> catloti of artwR3zatlon of the sums securod by this Securify Instrument granted by Lertde►to any saccessor in;i'�of Bomower .st�t ,
<br /> � . not operete to releese the RebAiry o/the origktai Borrower or Barrawers successars(n�inte�st. Lender shaq not be�cequked ta co�ce
<br /> ' proceedings agatnst any successor in iMerest or refn$e to extend ttme tor paymeni or oiherwise modity amortization oi the sulns.aecured
<br /> ' by this Securiry instrumeni by ressan oi any demand made by the odginal BoROwer or Borrcwer's successors in tnterest A�y Lroibeerance. � � �
<br /> by Lender in exe►cising any dpht ar remedy shaD not be a wa;ver of or precfude the ex�cise of aay dght or remedy. �� -
<br /> � 11. Successors and Assigns 8ound; Jaint and Severai Uability; Co-signers. 7tThe cover�ts and agree�nents of �•
<br /> this Securiry tnstniment strag 6kid and benefit tfie successors and assfgns o}Lender and Borrower.subject to the��visions oi paragapA �
<br /> 17. Borrower's covenants.ust�a�ts shaY be joint and several. My BoROwer who co-signs thfs Security�rs�ument but does not
<br /> • , � �;2arta t�e Hata fa��an-$�E�sec�r�ry:,sw��,ent onty eo��, grant, arr�i aonvey tirat BoROwefs cnEerest fi ifie Prap�ty --
<br /> . underthe te�ms oi this Secta�y firstrumen� (b)is not persqnalty obligated to pay the sums secured by thts Seai��Instrumen� and(oJ
<br /> agrees that Lender and any oi�e�r l3orrower mny agree�to extertd, mod'dy, brbear or make any accommodations with regard to terma ot ' .
<br /> � this Security Instrument a the Note without that Borrower's consent. ' • '
<br /> � 12. LpeR ChBrgY�. li the ban secured b�this Seauiry lnshumen;is subject to a{aw wtelehn sets maximum faan c6aEges, artd ;;� ,l�
<br /> that faw is finafly fnterpreted so lhat the interest or other loan charges caitected or to be coltected in connection with the toare r�creed tha ' ..
<br /> pertnitted Ilmits.then; (a)any such loan charges sha11 be reduced by the amount necessary to reduce the charge to the pe►mifted limi� �•
<br /> and (b)any sums atready col�ected irom Borrower whtch exceeded permitted tlmits will be refunded to Borrower. Lender may chooas to �-`
<br /> make this retund by reduciny the principal oweil under the Note or by rt�ak4�g a direct paymen!to BoROwer. If a refund reduces princfpal,• „ :'•�
<br /> the reductton w�i be treated�a a p�RLI prepa�nent without eny prepayme:�i charge under the tVote. ' .
<br /> 13. LegT8lation AffaCting L.�rtder's Righte. It enactment or e�iratton of applicabl�taw has tbe ettect ot rende►inp any ' =
<br /> � provisfon o1 the Note or thi�Searrity Inatrument unentorceabte secording to its terms, Lender,at its option, may.require immed'�ate payment �y �
<br /> . tn fu(I o!ali sums secured by this Securily Instrument and may fnvoke any rem�dies permitted by paragraph 18. N Leader exercises thb �
<br /> option, Lender shatl take the steps 8pecttled in the second paragraph af Qaragraph 1T. �
<br /> 14. NotiCes� My notice to Borrower provtded for in tt�is Secudry Instrument shall be given by detfverirtg it or by mailing fl by fitat
<br /> c(ass�r.a!untess appllcable law requkes use ot another method.The notice shall be directed to the Property Address or eny oiher address � •
<br /> Bor�owar designates by notice to Lender. My notice to La-:2er shatl be gtven by tl►st c(ass mail to Lender's address stated!-erein or any '�._y,
<br /> ', other address I.ertder desi�natea by natice to Borrowei��;��noJce provided for in this Secunry Instrument shall be deertreci,�.haya been !� :`
<br /> � given to 8orrower oa I.ender when given aa provided in this paragraph. � ' �
<br /> 15. Governing Law; $oY��ability. This Secudty InsUUment sH�aA bs govemed by tederal law and the law of the��f"r,dlcUori h � �
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<br /> whicb the Properry Is tocated. fn the ever►1 that any provtsian or ctause of thls Secur�?y Instrument or the Note conllicts wiih appqaibie '
<br /> law. such contUct shap not aHect othe►provisions o1 this Securlty Instrument or the l�o:e which can be given effeCt without the cont�cting
<br /> provlsion. To this end the provlaions o!this Securiry tnstrument and the Note are dectared to be seve�abie.
<br /> 16. 80rrOWAr'! COpy. Borrawer shaA Ee given one contortned copy of the Note and of thls Security Instrumenl.
<br /> , 17. Transfer of th� Prop�rty or a Benefictal Interest tn Borrower. li ali or any part of the PropeRy or dny lnterest 1n �'�
<br /> it is:.�;td or vanaterred(a N a banefidal interest In Bonowet IS sota or transterred and BarroVl�ls not a naturat Rerson)wlthout Lettder's �•
<br /> .... _..;.._._ p�or wditen conseni,- Lender -e�iiy, tl ita option.--requ+re Fnmediate payment in tui�ai aih sums secured by-thls�ecuritv tnsWment . ---.._.---- ......'.----
<br /> However.�thi�op�on shaN not bs exerGscd by lender il exercisa ls prabibited by federal taw as of 4ha date o1 thts Seeurity E.�=,trumeat •
<br /> It Lender excr•d:�thls option, Lender�.'�,�1 gtve Bonower notice et accete►ation.The notice 50�a"!�rovide a period of n�k[�:ss than 30
<br /> days irom the Ca:a the notice ls deAvere�ur rnaited within which the Boaowe►must pay alt sums secured by this SecurHy irs�^,,ment. If
<br /> Bprrower fails to pay these sums prior to 1he sxyiraUon of thls perlod, Lertder may invoke any remedies permitted by this 3ecurity(n3tru- . � �
<br /> ment without tuRher noUce a dertrnd on Bonawer. �
<br /> 18. 8orrawer'3 Risht to Roln�tate. If Borrower meets ceAaln conditions, Borrower shall�have the right to have enforcemenl _
<br /> of tht�Securtry tnsUument disconUnued et�ny Ume prior to the eadier o1: .(a)5 days(or such.other pedod as applicabte law may specity ______ _ ___�
<br /> , for reinstatement) before aale ot th�PropeRyr pursuant to arry pawer of safe conteined in this Security Instrument; or (b) entry ot a � � � �
<br /> judgment entorcing tht�Secuuriy InatrumenL Those conditions are ihat Barrower: (a)pays Le�der alt sums which then wautd he due under
<br /> . this Security(nstrument end the Note had ao acceteration occuned: (b) cures eny defauk ot any other covenant or ag�eements; (e)paya
<br /> etl eupertses tncurred In entorchtg this Security tnstrument, including,but not limited to, reasor.ebte Attomeys'tees;and (d)takes SucA acUon �
<br /> - - es Lender may reasonaihfy require to assu�e that the IieR a!tlils Sec�uily tn:lrt�eni, L�ndcr'�ri�;,?;n ihe Praperty ersd Sorrc,wer's ab�g� � -
<br /> ation to pay Sums,secured by this Securiry fnsirument stsall cantinue urtchanqed. Upon reinst3temer.t by 9orrower,thls Security Instrumenf �
<br /> L ena the�DligaUons secured hereby shaY remain fu�ty'eNective as i}no acceteretion had occurred. However, this riqht to retnstate shall �
<br /> nof eppy in the case ot accetention under paragraph 13 or 17. ��
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