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<br /> � If Lender required mortgaEe insurance � # Gonditioo of making thc lean �ecured by this S�curity lnstrulncnt.
<br /> Bortower sh�ll p�y the premiums requi�Gd to m�intain thc insumitce in eR'ect until such time as the requiremtnt far Ihe
<br /> insatanrr t�rmin�tes�a�ccatdAnce wilh Borrowe�'s snd Lendei s writtm agreement�r applicahte law.
<br /> i• :a�ectioe• Lender or its a�ent may make reasan�ble enlri�upon and inspections af Ihc Property. Lc�der
<br /> sh�l1 give Bc�rrawer rtotice:t the time vf or prior to sn inspection��xcifyin$reasonable cause for the inspecti�n.
<br /> 9. Coadannatton. The pmcceds af any award or cl�im far damages,direct ar cansequential,i�cannection with
<br /> tny conciemnttic�n or other talcireg oP sny pxrt aP the Property, or for canveyance in lieu of condemnatioh� are hereby
<br /> asse�ecF artd shall be p�aid to l.eacfer.
<br /> ie the evenc af�tot�l taking of the Property� thc praceeds shail be applied ta the sums sccured by this Security
<br /> Instrument, whether or not then duq with an�r eacess p�id to Bonower. ln the event of a panlal taking oithe Prapeny,
<br /> untas Horrower and Lender otherwise agrer in writing,the sums secured by this Security Instrume�t shall be reduced by
<br /> the amoemt of the procceds multipHed by the following fractian: (a)the total amaunt of the sums secured immediately
<br /> befote the takin�,divided by(b)the Pair market value of the Property immediately before the taki�g.Any bslance sh�ll be
<br /> paid to Horrower.
<br /> If the Property is�bandoned by Bvrrt+wer,or if,at'ter notice bX l.ender to Borrnwer that the condemnc�r ofters to
<br /> make an a�vard or settle a claim for damages,Borrawer fail�to respond to l.ender w ithin 30 days aRer thG dace!he notfce is
<br /> . pven.Lender is authorized to coltect and apply the pro�,c�r3:�,at its option,either to restaration ar rcpair of�C�e�'roperty or •
<br /> , to the s�res secured by this Securety Instrument,whethet�rc r,v.�t then due.
<br /> - �,��nkss Lender and Horrow�r otherwise agree in wn�ing,any application of prc�ceeds ta principal shalf not eatend or
<br /> ; postpone the due date of'the manthly payme�ets referred to�n paragraphs 1 and 2 or change the amount of'such paymrnts.
<br /> 10. Aprrower Not Releared; Forbeuance By LeRder 1Vot a Waiver. Extcnsion of the time for payment or
<br /> . , modiflcation of amortization o£t[�e sums secured by this Security lnstrumGnt granted by Lender to any successor in
<br /> interat of Borrower shall not��per,�,sr,e ta relase the liabilr.�g���*f the original Borrowe�or&►rrower's successors in interest.
<br /> Lendtr shall aat be required ta�.ammence �sc�ceedings ��.9inst any successor in mterest or refuse to eatend t�me far
<br /> , psyment or otherwise modify amort�Yauvn es�:e sums srrured by th�s Sccunty Instrument bv reason of uny demattd mad�
<br /> by the orijins)Borrower or Horrower's successors in intetest.Any forbearance by Lender in eaercising any right ar remedy
<br /> shall not be a waiver of or preclud�cbe exercise of any righrt�*x iemedy. ,
<br /> 11• SwcceMO�'s ad A��ps HoWad;Joiat�ed Se�seral Lia6lNty: Casigners. The covenants and agraments of .
<br /> this Security Instrument shal)bind and txnefit the successots and�signs of'Lender and Borrower.subject to the provisions
<br /> of paraar:ph 17.Aorrower's covenants and agreements shall be�ant and several.Any Borrower who co•signs this Security •
<br /> lnstrumer�►t but d��u+r executr�he N�se:tal is co-si�tninR this Secunty Instrument only to mortrtage.Rrant and conv�y - -
<br /> that Borrower's interest in the Property �nder�hc cerms of'th�s Security Znstrumrrtt:fb)�s not personally obligated to pay
<br /> the sums secured by this Security I�strument;and(c)agrees that Lender and any other Borrower may agroe to extr.nd,
<br /> . . . mnrlif�;fntiv�tsr en.�,w�4��gv w^w`^ '�..-::^.:S. �. �._ � c-"• j —_-_
<br /> � - ZS:SR .:i=r�i:6�iv iv i�n. iS�iii3 v ;tfii acttli tiy it�iiltitlCltt uf tttC fYO2C iVit�IpU��
<br /> • th�t Borrower s consent. �
<br /> . 12. I,o�n Qtar�q, !f the loan secureti by this Secunty Instrumrnt is subject to a law which sets maaimum toan ' .
<br /> ehuges, and that law is finaUy interpreted so that the interat or nther loan charges col�ected or to be colla;ted in
<br /> : con�with the loan eaceordi ette permitted limits, there. (a) any such loan charge shall be reducal by the amount •
<br /> . .� nec�ssae�•t�.�roduce the charge cs t[te permitted limit;ane6�b3 any sums alreudy colle.-�ted from Borrower whirh eacoeded "'�
<br /> , permitted limits wi11 be refunded s��Borrowc,t. Lender may choosc ro make this rrfund by reducing the princ�pal owed �3
<br /> under the Npte or by making a direct paymcree co�nower. If a refund reduces pnncipal,the red�ction will be treated as a
<br /> partial prepayment without any pre�awment charge under the Note.
<br /> . 13. I�tiop AReetieg �.ender's Rig6ts, if enactment or exp�rat�on of applicable laws has the etfect of �
<br /> � rendtrina any provision oPthe Note�r ih�s Secunty Jnstrument unenforceable accord�ng to its terms,Lendet.at its opt�on,
<br /> • may require immediate p�ymrnt in fuU of a!1 sums secured by th�s Secunt� lns�rument and may �nvokt any remediec
<br /> permitted by paragraph 19.If Lender exercises eh�s option,Lender shall take t he step�speci6ed iq the second paragraph of
<br /> P�'�8*iPh 1 T.
<br /> , . � l4. NoHea. A�y notice to$orrower pmvtded for�n this Secur�ty lnstrument:hall he g��en by del�venng n or by �
<br /> mailing it by first class mail unless applicabte law requ�r� use of another me►hod The not�ce sh�U be dirccted to the
<br /> � Property Address or�►ny nther addras 9orrowcr dcs�gnate�by not�ce to Lender Any notcce to Lender shal!be grven by
<br /> first elsss mail to Lender's address statod here�n or any other address L.ender des�gnates by notcs:e to B�rrower. Any not�ce
<br /> ptovided for in thisSecurity Instrument shaJ!be damed ro ha�e been grven to Hnrrowcr�r L.ender when given as provided
<br /> in this paragnph.
<br /> IS. G�erning Lae;Se�er��5lity. 7h�s Seti:unt}�In�trument tihall be Fo�erord by frderal law and the iaw af the
<br /> jurisdietiott in whieh the Pr�perty ic tc�catecf. In the e�•rnt that any prc���is�on e�r riau�e nf th�� Secunt� lnstrument os the
<br /> Note eontliets with applietbtt law,such confli�t shaU not aifect other provisions�f th�s 5ecurny Instrument or the Note
<br /> which can be givtn efftct without the conflicting prov�s�an. To this end�he pr��v�cic�m�f ihis Secunty lnstrument and the
<br /> Noie are dect�red to be xverabfe.
<br /> 16. Barrower's Cooy. 8orrower shall be gwrn one conformed co�y ��f the tic,te nnd�f th��Srcunty Instrument
<br /> 17. Tnnsfer ot tbe Property or a Beneficial Interest in i3orrower. If all or an� part of the Property� or any
<br /> interest in�t�s se�ld ar rcansferted(or if n beneficial mtere�+��n Eiarrower�t~c�1d cv transferre•�anc;$,�rr��wer�c nnt a natural
<br /> person)wt;hOUt Lendet's pnor wrttten ct�nscni. I.endtr m:�y. at rt�i�phi�n, reyuitr immcd�atc paymrnl �n full�f all sums
<br /> stCUttd by th�s Stcunty Instrument Noue�er, th�s apUon shall n��t h.^, exercitied h� Lendtr �f rxerc�tie �� prt�hih�ted by
<br /> federal law ac of thedate of ih�s Secunly Instrum�nt �-�
<br /> If[.endet exere�ses th�s apt�on,Lr.nder shail g��e&�rrower n��ticr of ac�•eleratinn 7he notice shall provtde a prnoci
<br /> of not less than 30�days from the date the nauce�s deh�ered��r mailed w cih�n w h�ch 6orraurr must pay all cumti secured hy
<br /> this Secunty Instrument. lf Borrower fails tn pay thcst sums Urwr to the exp�rati�n nf thi�per�iK1,Lendcr rrtay�nvoke any
<br /> remedits peer,n�tted by this Srcunty lnstrument withnut further ncmce��r demand�u�Horruwer
<br /> la. Bono�ret's Ri�6t to Reinstate. If Hotr��aer meelti certa�n rc�n�itu�n�, Horrnucr�hali ha�e the nght t�i�atic �
<br /> enforeement of thuSecunty lnstrument�isc�mtmue�i bt any e�me pnur t�+the earher��f lal S day�l<rr tiuth uthet penExl ns �
<br /> L appltcable law•may spectf}far reimtatcrreent)beforc Sale c�f the Nr�perty �+urwant t��:sn� pi�wrr��f tietc cc�ntamcd ir► this �
<br /> SeCUtity lt�slrumrnl, or (b)rntrJ• of a�udgment enfurrin�2 th�� Seiu*�t� In�trunient Ih,��c t��ndir�c�nti arc that H:�rr��uer �
<br /> (a) pays Lznder ail �um� wh�ch then wuuld br due under thi� S;�ur�ty lntitruruent an�i thc ti<�tc had n�� a��Cltt'vtn�h n
<br /> cxcv►rrd, ihi ct�res arr} drfault c�f sr�y other �tnenani.. ur agteement� �.r ���}ti �U cx�.eri.c� �ncur�e�i m enf��rcmR thiti �t0
<br /> Secur�ty Instrument, :n�luding, hut not 3+mtted tr�, teatismahte attnrne►� frr�.. en� td1 taMe� �u�h asui�t� Ati Lendcr rnay �
<br /> teas�nahly require �� s«ure that the lien nf thi� �ecunt� 1n��rwnru► I e+.J�•�'. �.Fhi� :r: ihr Pr,�T�Prt: �ncf R:,rr��wer'c ''
<br /> �;1l:a�fi.tfi it� �u: fIVC :U111ti �C�uirti 1�ti l7n, i-�untr im!r�i+ncnt tiRai� , .• t r �� „ . r,i�.::.: . , •c:��,t�':�nrti? r.� .
<br /> Eiorrower, th�ti Se.unt� �115lftemrnS hnd tF;e�•hh�,�h.,n��r.ute�! hetr��� .ti.�i, ��•�;_�i�c �„' . r�i�.'�.r.i.,' r, •.a.1_•Irr�ti� r� •�d,1
<br /> �wrurrcd i�oti.e►er.ihi: right u�rein�tate ah��il n��� ,,p�,iz u�►he�.,�r. :.,..•�....��. . ,,•:,1� ;.1;.,.*,�1.�:� ; , �-
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