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<br /> � If Lencfer requirect mortp=e in�ur�ncr u�conditioa oP m�kina thc Icum aecured by �his Security In��rument,
<br /> $orrawcr ahyll�y the premium�required to maint�in 1he insura�cc in effect unti!cach timr as Iha re�quiremen�t'or ihe
<br /> insunnce tc�rtiin�tcs in�ccord�nce wilh Bor�ower's and Lend�r'+written njreemcnt as a�plicabk lau.
<br /> •. t�etio+v, lxnder or it9 ajrnt may make�eeu�n�hle entria upc�n and inspectians of ti�e Prcpeny,Lendcs
<br /> sbstt aivr Sor�r.=�;:r,�u}re a!tM:imr of ac p:�iar to an inipecticx�specifyln�reasonadte cause fo�1 he inspec�ion.
<br /> �• C°�de+�at�oR• The p�ocaed�of any aMard or cuim for dam�ae�.direct ar consequential,in cot�nxtion wilh
<br />� any condemnali�er ottter takln�of'any part of tit�gto�et�y� or for convey�nce in lieu of n�ndemoation�are hereby
<br /> �+ti jned and shall be p�id to i.ender.
<br /> In the event of a totsl blcin�oP�he p�openy� 1he pcoceeds sh�ll be applied to the suma aecurcd by this Security
<br /> lnstrumtnt,whrther or not then due,with�ny exce�a puid ta Borrower.ln the event of a�rti�l takina ol'Ihe propeny.
<br /> unle�s Borrower and l.ender othenvise��ree in writin=,the sums secured bv ihis Securily I�strument elu�ll be roduced hy
<br /> t�e+�nrou��of'the prc�ceeds mulHplied by Ihe followinj fractlon:(a)�he total�mount of the sunts secured immedi�tely
<br /> bei'one the tatcins.divided by(b)the fdr m�rket value of�he property imt�ud'utely beforc the takins.Any b�lance shall bc
<br /> P�id co 8orrowcs.
<br /> �r��Prope�tY�s��ndoned by 8otro�ver,or if�aRer notice by Le�der to Borrnwer that the condemnor ofFera ta
<br /> make�n a�rsrd or settk a c�,-.e�for damaje�,P�rrower fails to rapond to Lender within 30 day��Rer the date Ihe natice i�
<br /> , sivrn.Lender i��uthori:ed to colkct and�pply the prACeeds.at it�option,eithe�to ratatRti�n or repair af the Property o�
<br /> to thewms secured by thn 5ecurity ln�ttummt.Mhetheror not then due.
<br /> Unlas I,ender and 8c*rrower otherwise ae�ee in writi�g.any�ppiic�tion of proceeds ta principa)ahaU no!eatend or
<br /> posipone the due date�f the monthly p�yments refetred to in puaaaph�I and 2 or ch�n�e the arnounl oisuch psynunts.
<br /> 10. Borrower NM Reia�e� Forieva�ce By I,e�e� Not • W�i�e�, Eatensian of the �ime for p�yme�t ar
<br /> modiRcation of amortiution af ihe num�secured by this Security ln�trument �anted by i.ender to any successor in
<br /> interat af Horrowe�shall not opente to rekaac the liability of the oriainal Qortower or 8orrowu'+suaes.san in interat.
<br /> Lender�ha!)not be requircd to comener�ce proceedinas a�nin�t any succes,se�r in inte��st or refuse ta extend time for
<br /> p�yment or other�vise modify amortiutdon of the sums securrd by this Security Inslrument by rason af�ny demxnd mAde
<br /> by the ari�irul Borrorver or Borrowe►'s sucasson in interest.Any fa�bearance by Lender in eaercising any righl or remedy
<br /> shap not be a waiver of or prcclude the exercix of any riaht ar remedy.
<br /> »' S�K�W�IV�a Ba�N;�oi�t�N Se�eral Lla�tllty;Casi�aera, The covenants and agraments of
<br /> this Se�.-¢rity Insttumrnt sh�ll bind and beneQt the successors and assi6n�of Lender and Borrower,subjec�to thc pravic�ons
<br /> of qnaraph 17.Botrowtr's covenants and aarcemrnt�shal!be joint and seversl.Any Bc�rrowe�wh�easians this Securi�y
<br /> Instrumrnt but dop not eaxutt Ihc Note:(a)is casignina thi�Securily lnstrument only to mor�gage,aram and convey
<br /> that Borrower's interect in the Property undtr the terms af�his Security lnstrument;(b)is nol penonally otsligateci to Qay
<br /> the aums secured by Ihis Secusity lnstrosszear and(e)�gr�Ih�t t.ender ana any other Horrower may agrce to eatend, �
<br /> madify,forAear ar makr sny accammodatians wilh reaard ta the terms of this Security lastrument or�he Note without
<br /> that Borra�ver'a consent. .-
<br /> �Z+ Lo!�Clur�a. U the Ic�an xrcured hy thic Seeur�ty laatrument ic subkrt�o a la+��+hi�h,�4�.�..a��,....!�„r.
<br /> _ _ _ =�=:"e=� -r� •��:: �� :: imaiiy interpreteri so thal the inlerest ar attre� Ie�an chargc� cnllectect ��r �o he c�llected in
<br /> conneetion �vitb tik�A,�tn eacoed the permitted limits. �hen: (a)any cuch Inan charge chall be reciuced by �he amown � `
<br /> necessary to reduce t�e ci�arge to the permitted limi�;and(b)any sums already collected from l�rrawer which exceeded
<br /> permittad timits wiFD ert refunded to 8orrower. I,ender may ch�se to make�his refund hy reducing Ihe principal owed }
<br /> undtr tife Note or!bb�nakips�dlrect payment to 8ae�awer.lf a refund reduces principal,the reductio�witl be�reated as a
<br /> . p�riial prepayment�i��taut�ny prepayme�t charge under the Note. �
<br /> 13' �'��� AR�i�Nt LeNe►�� RiR�ts. If enactment or e�piration c+f applirable laws hac the effect nf
<br /> � renderina�ny provision oP the Note or this Securily Instrument unenforceable according to its�erms,l,ender,at its aptian. �
<br /> may require immcdiate payment in full of all cums secured by thic Serun�y Instru�ncnt and may invokc any rem�dies
<br /> permitted by paragnph 19.lf Lender exercises this aption,Lender shall aake�he steps speciftai in�he secortd paragi-aph oi 1�°
<br /> paraaraph 17. .
<br /> l�. Noticq, A,ny nat�ce ro&►rroK�er pmvided for in this Security fnst�ument shall be giren hy dclivering it or hy �
<br /> mailin�it by first clus mail unless applicable law requires use of another method. The nntice shall be directed to the �`
<br /> Propen��Address or any athec addrr.ss 8onnwer designates Ihy natice ta Lender. Any notice to l.ender shall be g�ven by
<br /> Arst cfass mail to Lende�s address�tated herc�n nr any other address Lender designates by notice t�&srrower.Any notice
<br /> provided for in this Sccurity Instrumenl shall be deemed to have betn gia•rn ta Borrow•er or Lender w hrn given as pravided
<br /> in this pang��ph.
<br /> 1s. Coterning I,sw;Se�erabtUfy. Thic Secunty Inct�umen��hal1 hc governr4t by fcderal law and �he law uf the
<br /> jurisdiction in which the Property is located. In the event that any provision nr claucr nf this Security Ins�rument or�hc
<br /> Note rnnflicts with applicable law,such confli¢t shall not affect other provisionc of'this Securi�y Instrument or Ihe Notr
<br /> whieh�an be aiven effert withaut the conflicting provis�on.To ehis end the prov�sions of this Secunt3 Iristroment arsd the
<br /> Note ste d�+clarcd to be severibte.
<br /> 16. Borrow,et•s Copy, He�rrower chali bc given ane canfarmed cc�py of the tir.;e and nP lh�s Securuy Ime�urnenl.
<br /> 1a. TraMtte�ot t`t P�opetty or t Beatfitial leteresi in$orrower. lf alc;.•,� �ny ��rt ot'the Pr�r�rcc3�or any
<br /> �n�uG''"•�`=2 is Spklt=;'trs;�s�etted(or�f a h�nefieia!intertst is Bcssrawer��,otd or transirrred and Borroweris na�a natural
<br /> pd's4n)wiihout Lendtr's prior written consent,l,ender may,at its oplio��,requ�re immediate par rrrnt �n full of all�umc
<br /> seeured by this Security Ins�cument. Now•evec,l4�is option shall not be eae�eised by Lender �f eaere�ce �s�►rohibited by
<br /> fedeaf law as of the date oFthi�Security leistrusncnt.
<br /> If Lender txercises this option.Lrnder shaU givc Borrower notrce of accele►atu�n The ncnice chaU prnvide a perind •
<br /> of not less than 30days frorn the date the notice is delivercd or tnailed aithin whuh�:rc,ucr must pav all cumc��ured by
<br /> this Security Instroment. If Horrow•cr fails tu pay thece sums pri�r to the c�nvation��f�his rcriod.Lcnder may invuke any �
<br /> remedies perm�ttcd hy Ihis Security Instrument without funher notice or demund on ll�rrow•er.
<br /> �S•Bormwer•s Ri�t to Reiestate. !f borrawer mcets certn�n canditinns, Hnrr<�aer�hsll hatie the r�ght to have
<br /> enforren�ent of this Sa;urity lnstrument discontiuuzd at a��y timt ptior tt�the eariier of:(a)5 days(or��rh othcr pennd as
<br /> �ppiicablr iaw• may c��fy for�einsiatement)heF�re sale of�he �'ro r� �t
<br /> � I Security Instrumenl; nr{b)entry of a judgment enfotcing�h�t Secun y Ins1 ume t�t Th�urc nd�ticmc'arc that�Bn rnwcr5
<br /> (o) pays Lender all sumt which theo a•ould Fx due undet this Securit� Instrumenl and the Uo�e had nR ;�cceleratinn �
<br /> otcurrerf: (b) cures any default of any a7h�r covenants nr ngreementc: (c) a•� all e� �
<br /> Seeurity Inslrument, induding, but nc�t I�m�ted ta, reaconable auorj�eys' fe c; a►rd(d)t kec cuchuacte nn as Lf endegrr ay ��
<br /> reasn►iably require t�ascure Ihat the I:en of thix Security lnstrumtnt. I.ender`c nghts in th� Prn�ert_y and NnrmN•er'c �
<br /> _ abligat�on to pay �hr s�ms sec�red by thrs 5ecuri�y (n�lrument shall con�mue unchange�i l'p„n re�netatement hy *
<br /> �rrower.�htc Securaty Irictrumenl nnd Ihe abligtuion�cecured hereby tihail reniain ful�y efTecine ac if ne.,t«el`ratinn I�acl
<br /> � exeurrcd.H��wever,Ih�s r�ght ro ranstate shall n��t��,p�y�n ihe�ace of acceleraU��n�nder paragraphs 13 c,r 17
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