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<br /> . ; . . , _ . . � � 94.�`" 103264 � �
<br /> • � � � If Leader rec►uired mortgage insur�are as a condition of making the loan secured by this Sscurity lnstrumeet, ,
<br /> Banuwer�halt pay the presn}ums requual to maintain ihe iusurance in cffxt until such time as the requiremenf'Eor tht
<br /> ; insuranre terminates in accord�nce with Btirraarer's and Lender's arritten agramcnt ar applicable law. � �
<br /> � s. .I�sctlos. Ltndu or its agent may make ieasanabte entries upan and inspecdons of t�te Prcperty: Leader �
<br /> ` " sBaU give Bbrrawer nqtice at the iimr of or prior to an inspestion specifjring reasanable cause fnr the inspection. , ,
<br /> , 9 Coadau�tior. Tt��pnocads of any award or claim for domages,dinct nr cuasequauial,in connection witb ,
<br /> . _ � any condemnation or ot6er taging of aay part of the Property,or for canveyance ir�iie��of condemnatian,are hereby ,
<br /> , . _ usigied ana sha11 bc paid to I.ender. • -
<br /> � ` In the event of a total taknng of the Piaperty.the proceed.c shall be applied so the sums seewed by this Security
<br /> Instrument,wHether or not then dne,arith aay eacas paid to Bonower.lrt th�event of a partial taking of the Property,
<br /> , unkss Borro�er arid Lender otherwise agree i�e wrii�ng,the sums stcurcd by this Security�nstrument shail ix red'ucad by . � �
<br /> = tbe au►on�t of the praceeds rnultipiitd by the followiag fraction:(a)the total amount of the sums secured imaeediatety
<br /> , ' hefare iAe talcina�dividal by(bj the fair market valut of the Prapetty immodiatety bet'ore the tatcing.Any balance shal!6e �
<br /> ' • p�id to Borrower. � , , . �
<br /> � If1he Property is abandoned by`Bonower,or if,after aosice by Lender to Bosrower that ehe condem�tor offers td �
<br /> ' maice sri a�+aid ar settk a claim far damages,Borrawer fails to respond to Lender within 30 days aftar the date the natice is
<br /> • �ivrn,Lrnder is autharized to colkei and apply the praceeds.at its option.eiEher co restoration or repair oPthe Property or � �
<br /> ,; tu the sums secured by this Security Insirument,whether or not fhen due. �
<br /> , Unless f�nder and Borrower oth�wise agra in wn'v,ing.any applicatian af procee�fs to principal shall not eatend or � .
<br /> postpane the duedate of the montbly payraents refened to in pasagraphs 1 aad 2 or change the amount of sucb payments. '
<br /> ' 10. �or�es Na�t ltelea� �orbearanec By Leader Not s W�vtt. Extension of the tirrie for payment or
<br /> ; ' tnodification of amorat"�rsn oP the s�tms secured by this Security Instrumrnt granted by Lender to any successor in
<br /> ; interest af Borz c�3�R t-tot cr�erete to release the uabitity of the origir�!Barcowet or 8�rrower's sucr�,c-�sa�s':n is�ter€�. - , — - -
<br /> { Lender sh{ill itet be required to commmce proceedings against any successor in interest or refuse to extend tirae far
<br /> . payment or o��irise aiodify amortization of the sums secured by this Security tnstrurnent by reason oPany demand made
<br /> ` b}the original�orrowea c�c�orrower's successors i�interest.Any forbearan�e hy Lender in exercising any right ar remedy ,
<br /> � shall nat be a waiver of ar�reclude the eaercise of any right ar remedy. • _
<br /> � �1. S�cetson aa�Aa�ips Bound;Jojat�nd 5ereral Uability;Casig�nere. The covenants and agraments of • `
<br /> this Security�CCStruinent shall bind and.benefit the auccessors and assigns of'Lender and Berrawer.subject to the provisions .
<br /> .j of paraga�&�7.Bocrowt�'s cavenan�s ar,d agreem�nts shall be joint and several.Any�awer who co-sigts this Security
<br /> � Instniment bat does noi eaecute the 1�ihte:(a)is c�signing this Security Instrument anJy to mortgage,grant artd convey
<br /> ; that BorroWer's interest in the Property nnder the terms of this Security Insuument;(b)is not personally obJigated to pay I
<br /> , the sums secured by this Security Instrument;and(c)agrees that Lendev��any o�her Borrower may agree to extend. �
<br /> modify,forbr�'or make any accommodations with regard to the terms of[Fis Secur�ra;Enstrument,or the Note without
<br /> � that Banowcr"s consent.
<br /> � lt. la�CMar�ts. If the Ioan secured by this Security Instrumen�t�.:subjcct to a law whicb.sets maximum toan _ —
<br /> � �:.iratges,and thst taw is�inally interpreted w t1�.���ihe interesi or other l;�st charges cal2ected or to be coltected in . -
<br /> ; �.,.�na.tion with the loan"eaceed the permitted limits, then: (a)any such loan charge shall be reduced by the amount
<br /> ; necessary to reduce thc cha�ge to thc Esermitted limit:and(b)any sums already collected�'rom Borrower which exceeded �. �
<br /> �i permitte;d limits will be refunded to t��'e'ower. Lender may chaose to makc this refund��}•reducing the principal owed � ��
<br /> i ander tht Note or by making a direct,.r�}mtnt to Snrrawer.lPu refund reduces pnncipal,Ihe reduction will be treateQ as a
<br /> j partial prepayment withou:any prepayment charge under the I�ate. .
<br /> t 13. 1.e�Watlo� ANeetlAg i.ender'B Righta If cnactment or eapiration of applicabte taws hati the r�Yert af
<br /> � rcndering any provision of the Note or ihis Security lnstrument uneniorceable according tn its terms,Lender.at ics�:prion.
<br /> � may require immediate payment in£al)af all sums secured hy thi�Security Inrtrument and may im•c,ke any r�.�ediey
<br /> � permitted by naragraph t�.!P Le�der exercius this option,i.ender shall take the step.cpec�fied in the second para�raph of
<br /> . paragrs�ph 17. � �t;-. :,
<br /> i 14: NoNets. Any notice to Barrower provided far in thi�Seccrt-y instrument shaU he given Gy delivering it ar by `�:'��:
<br /> ; mailing it by first class mail unless a�plicable law requ�res us�e of another method. The notice shall be direct:..�� c,:: the ��
<br /> � Prnpetty Address nr any other add��s&►rmwer drsignates t;�:�i�t�rc to l,endcr Any notice to Lender sh�U be�:i en by ' '
<br /> first elass mail to Lertder'y address st�.�d herein r..•any�ther addres�l,rnder ctes�gnate!•hy not�ce t��Hormwer•An; natice
<br /> � pravided fot in this Securoty fnstrument shall be�'c�r.ncd to!::svc been givcn to f3cyrrawrr nr I.cuder whec.Fivcn as pruvided �
<br /> ' in this patagtaph. � �
<br /> 1S. Corerning i.a�w;Sever�bility: �'hiv Sccurity Instcurnent sha's;�se F��r•emecl by fcdern)taw aod the{xw.of the-- -��- --- -- - �
<br /> • jutisdirtian in which the Prapeny c�f�.��;ated.ln the event that a-^,: ptavt��nri c�r dau�r uf It�iti Secuntv In,tram�r.� r.�r the
<br /> Note canflicts with apr!icable law,such eonflirt shal!not afleci�,ther�ro�;itiion�of ttus Security Inctrs�a�ent or��,e Nc�tc
<br /> - which can be given effaG u:ithout tl�c cc►nflicling pruvisiun.7 i�this end the;<<>��tii��m ut�th�ti tiecur:tk Frntrumen!and the
<br /> Note are dcclarcd to be sevtrable.
<br /> f6. Borrower's Copy. fiorrower shall he g��en one c��nfarmed c��py ut"the tiote and uf thiti 4ecunty Jn+tr�micut.
<br /> 17. Tt�an�fte ot the ProaeRy or s BeneHehf Interest in Barrowcr. [f all c�r any parl uf the P►r,perty nr any
<br /> intere,ct in r_4�sold or tr:►ntf�ned(or if�6eaetieiat intc�e�t in iinrcc�uer�s sr�lci E�r trai��fes-ed�nd Horr��wer i�ru�t.s nalural '
<br /> , � �ersan)without Lender's print written consent. l,ender rnay,at itc����twn,rcywre nm►�eth�te pa}ment in full nf:�ll tiu�nc .
<br /> secured by Ihis Security lnstrument. How�ever, this nption shall nu1 he exerc�ted hy l.�nder if exercc�e tti pr��hib�ted'hy '
<br /> fedcral law as�f the date c;f this Security Instrurrient. .- -----_�
<br /> . !f I.e�tderexeteises this�ptiwi.Lender sl�:�U�ive�urrowrr nw�ce��Paccelera�run.7'he»��i�cr tih:,11 prav�dr�per���� . '
<br /> ; � of not less than 30 days from Ihe da:e the nntic'e iti del�vereJ ur tnailed a ithm wh�ch Hurtu��cr mutit pay all wrr;����red hy .
<br />__ .� _ Ihis Sccuritv Ittstrmncnt.If Bonawer fails ta pav these sums pnor to the eapiraci�n af Eh►s Qeriasi.Ix.�¢es�a_�:r�;�ke anp � . . .
<br /> remedies�rermittecl hv ihis Security Inctrumeht w»hitiut funhr�n��ticror den�anei<�n if��rn►wer. •
<br /> ' . �8.Botrowrt's Right to Rei4sts�te. It'Hnrmwer meets certaia cc�ndihnns,l3�rruwer shal!fia:e the n��it ±o ha�e
<br /> enfnrcement of this 5ecurity Inslrument disinnt�nued at any time'pric�r tu tt�e e�rlier��f {i3�5 d.iy�lor such uther�:erind.�ti � �
<br /> � upy�tcable ta��may sjreei$y far tein5t�tement)hef�}re s,de��f the Pmperty�ur.oant t�r any pt�c�•er esf cate c��nsa�ue�f iiti tfiis
<br /> 5ecurity I�rStrumenl;ot(b)et►tty uf a judgtnet�t en&+rc�ng th�s Secur�ly lntitrun�em. 'fhace ct�rufituu��are tliat N��rrowrr.
<br /> (a)pays Lender al! svms which then woutd he due undcr thic Seeuvity la��rc�merit .�r�d ehc '�it�tc ha�i na, <<cEcl€r,iti<��r
<br /> cxrurtc�cl: (b)ewes any default af any other coven:�nro or a�reements. 1r1 pa�w alt eay�en4r�u��:urred u�cnforeu�g th►� �
<br /> 5ecurity in�trument, iQCIU(�111�;,fiu1 nt�t ii�t�ited t�+.rwt��tit�blr�ttarnesti fceti: �r�J i�)t�i�r�surh a�t�e+n a� Ecnc�er may � �
<br /> reason�thty res{uite t�+aticurr t6at thr liert uf this Srec�rity Imtrnrncnt. 1 cric};r`4 nght��n thc Y'rc,p�Ft�' dttt� I��tTnti'Ci�S �
<br /> obl�(t3ttntl tEt �►ay !he wms crculet! hy et�t� Seeunty In�Irun�ent �h�r11 cunttreue :itich;+�s�<<t t'p��r� rc�n�tatc�r,en! F} . f` `
<br /> Untro�ser_ttiiti�.YCut�t}•lii�trumel��aatd!he s�hl��;�Ittrns crcuietl ttere.,y�heli rrrza:s�u f��lly cft�ect���ar,�f nE�aucler.�utnt h���l
<br /> ��ecurre�i.N�•a�e��er.tMti nghf Et�refntFatechalf nt+i;ip�+Iy'tn FhC c��ce c�fac:eferati��r�unc.E•r��.��.i.F��pfi.1±:�r I Y .
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