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<br /> 90-°-�,0215�
<br /> � !P Lender rcquired martp`e insursnce s�a candition oP mAking the laan sccured dy Ihis Seeurity Insirumrnt,
<br /> Bc+rrowtr sh�ll p�y the pretniums rec�uired to m�int�in the insunnce in etl'ect until surh t�me as the requirement fo;the
<br /> inspr�ncs tctmtnttes in sccordance with B�rcawer's uid Lettder's a�siiten agrcement or s�ppficablc izw.
<br /> �, :b1�el�„ irmdes or its a�rnt may make reasoaable entnes u�an and inspeetions of che Fraperty. I.ender
<br /> ahal!�ive Horeo�et i�oticx�Nt thc time ol'or prior to�n inspecxia�s�ciFyin6 rease►a�ble causc f�r the insF+ection.
<br /> ' f Co�i�wMtlo�. The praceeds of any�ward ar claim for dsm�ges.direct or consec�uential,in connection v►ith
<br /> any candemnation or other ts{cing of any p�rt of the P�operty. or for conveyance in lieu aP condemnation,are hereby
<br /> aui jned and shaU be paid to l.ender.
<br /> ln the evrnt oPa total takir�g of the Praperty. thc proceeds shall be applied tu the sums securcd by this Security
<br /> lnstruraent,�vhether or rwt then due.writh any eaceas psid to Borrovver.I�ehe even�oi a partial takina aP the Propeny,
<br /> unleu Borro�rer�nd I.e�der otherwise�aree in writing,the sums secured by this Security I�strument shall be reduad by
<br /> tbe amou�t of the p�ac�ds multiplied by ihe folbwin6 fractian:(a) the total amount of the sums secured immed'ately
<br /> � before the takin��divided by(b)th�fair muket value of the Ptaperty immediatety before the takina.Any balance shall be
<br /> paid to Borrower.
<br /> lf the Propetty is abandoned by Borrower,or if,aftsr notice t�y Lender to Borrow•er that ehe cundemnor offers to
<br /> make an award or setile a claim for damaEa,Horrower fiils to respond to Lender within 30 days atter the date the notice is
<br /> �ivm,Lender is authorized to collect and apply the prviceeds,at its aption,either to rataration or repair of the Property or '
<br /> to the sums secured by thisSecurity Instrument.whethcr ar not then due.
<br /> tlrless Lender tnd Horro�rer otherwise sgra in writing.any appliration oPpruceeds to principal shall not eatend or
<br /> postpo��e due date of the montt�y payments refened to in pangraphs 1 and 2 or change the amount of such paymmts.
<br /> � 10. 8orcower Not Releared; Forbaraece By Leeder Nut s Wairer. Eatension of the time for psyment or
<br /> modiflestion of ammnization of the sums secured by this Security Instrument granted by Lender to any successor in
<br /> interest of Barrower shsfl not opente to releue the tiability of the original Bonower or Borrower'c successors in intercst.
<br /> Lender shsll not be required to cammence proceedings against any s�ccessor i� interest or refuse to extend time for
<br /> qymrnt or otherwise modify amortAZation of the sums secured by th�s Security Instrument by reason oi'aay demand made
<br /> by the oriainal Horrawer or Borrower's successors in interest.Any Porbearance by Lender in eaercising any right or remedy
<br /> shall not be a waiver of or precbde the eaercise of any risht or remedy.
<br /> 11• S�cce�on a�d Assi�q Bw��d;Joi�t awd Se�tnl Liability;Casigners. The covenants and agraments of
<br /> this Secujity lnsttument sh�ll bind and beneflt the successors and ass�gns of Len�e�and Borrower,subject to the provisions
<br /> of p�raEraph l7.Bonower's mvenants and agreements shall be juint aad severai.Any Borrower who casigns this Security
<br /> Instrument but doa not eaecute the Note:(a)is casigning lhis Security Instrument only to mortgagc,grant and convey
<br /> that Horrowtr's mterest m the Yroperty unoer ti�e terms af tnis 5ecntin instrumrnt;�bt is nat�ersonaiiy obligateo to pay - `
<br /> the sums securod by this Security Instrument;and(c)agrcts that L.ender and any other Borrower m�y agrce to eatend.
<br /> madify,fdrbqr or make sny accommodations with regud to the terms oP this Secunty Irtstrument or the Note withaut _ -
<br /> ti►tt Honoxer'c co�sent.
<br /> 12. I.o�CLr�q. If'the laan secured by this Secunty lnstrument�s sub�e�t to a law which sets maa�mum loan -
<br /> char6a. nnd that taw is finally interpreted so that the interest or other loan charges collxted or tu bo collxted in . -
<br /> connxtion writh the loan eaceed the permitted limits. then: (a) any such loan charge sha11 be reduced by the amount �
<br /> ne�sary to roduct the eharge to the permitted limit:�nd(b)any sums already collected from Bonower which excaded `y
<br /> pennitted limits will be refunded°to Borrower. Lender may choose ta make this refi:c�d by reducing the principal owed
<br /> under the Note or by rnsking s direet payment ta Borrower. If a refund reduces pnnc�pal,the reduct�on wiq be treated as a
<br /> psrtia)prepayment without any prepaymrnt charge under the Note.
<br /> 13. I.eRisl�tia A!t'ectie� Lender's Rlghts. If enactment �,r �rxpiration of applicable laws has the eA'ect oi
<br /> rendering any provision of the Nate or this Secunty Instrument unenfarceable accord�ng to its terms,Lender.at its option,
<br /> may require immediate paymeat irt full of ali sums secured by this Secunty lnstrument and may inv�ke any remedics
<br /> permitted by paragraph 19.if Ltadet eaercises this option,I.tnder shal!take the�teps�pec�fied m�he second paragraph of �
<br /> w�rt,�7. �
<br /> 14. Notied. Any notice to$orrow et rrovided for in th�s Securty Instrument shall be given by ddi�enng�t or b}� ,�L
<br /> maiting it by 6rst class mail unless applicable law roqu�res use of another rnethod. The notue chall be derected to the
<br /> Property Addrcss or sny vther address Borrower des�gnates by nonce to I.ender. Any notice to�ender shati be given by
<br /> firat class mail to i.tnder's address stated herein or any ather address Lxnder des�gnates by nouce to Borrow�er. Any nouce
<br /> provided for i�this Secunty insttumtnc shall be deemed to have been ge.ven to 8arrower or l.ender when gwen as providcd
<br /> in this paragraph•
<br /> 1�. G�ernin�Law;Sere�ability. Th�s Secunty lnstrument c�hall be governed b?•fededal law and thc law of tt�e
<br /> jurisdiction in which the Property is tocateu.!n the eveat that any prar�sion or clause of this Secunty lnstc�ment or the
<br /> Note r.anQiets with applicable law,such confltet shaDl not ati'er:t other ptorisionti of t��y Security Instrument or the Note
<br /> . which can be given effect without�he cunflict�ng provision. To th�s end the provisrons of this Secunty Insirument and the
<br /> Note are dtclarec!to be severable.
<br /> ffi. Borsowtr':C�py, F3otroKCr sF�tt be g��•cn one conformcd co�+y of thc tiote and�f tais 5ccunty lnstrument.
<br /> �7. T�ler of the PropeTty or a Beneflcial Inteetst in Borrower. If ail or any part of the Pro�erty or any
<br /> interest��it is sold or transfertrd(or if a benefictal tnterest in I3orrower�c sold nr transferred and Barr�aer���c�t a natura!
<br /> pers�n)without l.endet's prior written consent. Lender m7y,at �ts option,rcqu�re�mmediate g3pment in fuif�,f all sums
<br /> secured by this Secu.-ity Instrumenl. Howt�er. th�s option shal! not ts�exerc�sed by Lender si cxercise is proh�bitzd by _____ _
<br /> federal law as of ttedat��f th�s S:runty lnse:�;rnent. " � � �
<br /> I!'l�:�e:exercises th�s opuon,Lendrr shaU give BorroNCr notire of acceleranon. The noiue shall prov�de a period
<br /> of not t�,s.than 30days from the clate the notice is delivered or ma�l�d w::hm which l3orrower must pay aU cums secured by
<br /> this 5eclrity In�trumcnt. If Bortou•er fa�ls to pey tl�ese sums pnor to the exp�ra��or.•c:t ihis pen��.Lender may�nvoke any
<br /> remedies permitted by th�s Seeunty lnstrume�t w�thoLt furthet notice or demznd on Horrc�uer �
<br /> 1$.Borrower's Right to Reinsttta 1F Borrowcr meets cena�n conditu�n�, FSiur��wer �i�a:i ha�e the nght �� ha�e �
<br /> tnforctment of this SrrunQy instrument d�scs�mroued at any time pno: to the earl�er��f Ia15�ays Ic�r such other pennd as
<br /> L appl�cABle law may s�xc�fg•far:ieaasta�ement 1 Nefore 4ale of the Protrtrey pur�uant t��ani �x�aer i,f sale cuntaincd ia �his
<br /> Seeurtty Inctrument, �r(b}ent�? of��udgmerii rnfoscing this Secunty lnstrumcnt Thc�s=�c�ndit�ns�s are that Bc�trower. �
<br /> (a) pssys L.endet all tiums wh�ch then ��uld be due under tbs Secur:t� In,trument un�i the '4otL had �ui a�celerat�on A
<br /> ocrurred: (b) rure�any default of any rnher co�enAntti or agreements. tc� pays all rapentie� �n:•urtrd m eniorcing th�s ��
<br /> 5ecunty lnstrumeiit, mciudmg, but not l�m�ted to, reasonahie auorr�et�� �cr� ;,nd Id�take� �u.h ac�wn a� I.ender may
<br /> reasonabl�• require tr� bc�,ufc ihat thc I�en of th�s Secunty In�trumcn[. I euder 4 rightti in thc 1'n�rer�� and Flurr��ucr'ti , �
<br /> dbliqatian to �a� the sums setured b� th�� Secunty Inarumec,t 1h�1{ ���s�t�nuc un�haner.i ! �nt� rcin�talement b}
<br /> BOtioaer,this�e:utity Is�strument and the��hhgafiunti�ccureJ hrrrhy �t�all tema�n luilr ef'e�t�.r e5 si r.��a�celer;�tu�ci ha�1
<br /> <�cci�rrec! liawe�er.thts ttgh!ti�fC14�t8ip�h��{tlt�t d(t�i� Ih fllf 1:1�C�•(:�,.rlrr.�t,��ri uncJrr�•era�re(�h� 1 z��r I '
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