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<br /> � , . u i�nder t�quired mort�a�e�nsuraaoe as a conditips of nnafci�tbe tan secured by this Securitji 1mt�nlpyt, ' • •
<br /> . ��P�Y;��umst+equir�drto�tain ti�t iasurartioe iet df'ect uah7,sucb titne as tLe rEquir+atnent for tbe � . �
<br /> :� . ,. �.k�4�sraso�Ord�e�vlth 8otroMer's md f.eade�'s wrItteu a freemeat c�r=�plicabk taM. � ,� ,
<br /> ��� �M■�lir�._:.L+eader vr its a�art a�y�t�entria uPon aad�nspxt�ot�s of the Prapaty.
<br /> p�l��rD�eraotii�eitfbe�trecfa toaa' �y� �
<br /> . � mspectioa reasonsble c�use for the iatpection. ' .
<br /> �-. -:. _ P�
<br /> ' � ! � '�prooeeds of any a+vand or.ciaim tor dunaaes,direct or consequential.ia co�ujectian�rith .
<br /> ` �l►`�a otba takin�pf any prt af tHe P4+nperty,or for conveyance in lieu.of co�demnaciae,arc .
<br /> � a�ip�d aedib�u be p�ie ta Ixoda. .. �Y .. � .
<br /> } _ Iu t�r errut aF s tatal takins ot ttrc Prnperty.tbe ptoceeds shiU be applitd to tlu sums secured by ihi:Security : � � ' ,
<br /> s . �whetber or uot t�en d�re��rith anY e�yaid w Borruaec. In the eve�t�a p�rtial taicia�of tbe Property .
<br /> - � �talac Baro�rer aod L�der otl�erwi�t`ijre�in�vrim�,tLe swns see�ue�by this Sec�tity Instturaent al�a[I be roduoed by .
<br /> :t tLe aAO�ptt of tlre proc�eds muhiphed bY tbe fo1lo�ripE fr�ction:(:)ttre total.amount of tite smn:sxurad ima�edi�teyy
<br /> . �O1'���+i.diYidecl bY N)tbe Gir mutet value ot'tbe�roperty immed�ately befare tLe takin�,Any balanco absU 6� .
<br /> , � . p�id W Borr�n+�r. � �
<br /> . . �' Yf i6e Ptvp�pty is abandoned by Borro�ver.or if�aRtr aotice 6y Lendei to 8orra�ver thst tbe eondemnor o�'e�s to
<br /> . malce�n swird or settle a clsim for s
<br /> - :'�_ s d�m�es.Bwroaer fails to respond to�.ender�ithin 30 days aRer the dste the riotice is , .
<br /> , . � ii���der is inthorized w colkct s»d sPPtY�P�ucebds.at its o otice �
<br /> ption,either to restaratian or repair of the Property or
<br /> . W tbe waa secund by tlus Security Instrunteut,�vhetheror not thrn due. ,
<br /> . � . v�k��d B°n°w'er aherwise agae in ariting.any application ofprocoeds to principal sha11 not extend or
<br /> %:�`;r. , Postpone.tbe�due date af tbe monthly psyments refernd to in puagraPhs 1 and 2 ar chang,e the�mout�i of sncb
<br /> �' ��'N°���k�:F�e By I.eoder Not i Wdrer. Extension of the time for �Y��
<br /> ,� ,f��� , modificuion of�mortiution of the sums securet! by this 5ecurity lnst`rument ��t °r .
<br /> � interat of Botro�ver a}iall nat apente to reteue the liability of the original'Bonawge or Borrower'ds successurs in�ir�est
<br /> � ' Lendec sluill not be requind to commrnce rac+eedin � .
<br /> P $s apinst any su¢cessor in inserest ar refiue ta extersd time far
<br /> `'.'��� < payment or othenvise m,odify Amartizat�on a�ehe swms sec�ra�i by this Serurity Instrusnent by reason of any demsnd msde
<br /> ,:�:�;;.:. . bY the oripnsl Borro�ver or Borrower's successon in intaat.Any forbarance by Lend,er in exercisina any riEht or rpnedy .
<br /> . � . :hal1 not be a w�aiver af d�r preclude the eaercise e��r.s��i8bt or remedy. ,
<br /> , 31. 5�o�e�rs�wi A�ipt QoW:�W�t a�i Se►erni 1Lbilitf;•�o-siOien. The covenants snd sEraements of . .
<br /> this Secur�4��nstrvment ahatl bind and bmeRt the successors aad ass;gns of Lender and Borrower,subject to the provisions �
<br /> . �P�e 19.Barr��ret'�cove�snts snd agee�nrnts shs�6�joiat and seversl.Any Bo�rower whd co-signs this Security '
<br /> . Instrumatt aut does not eaxute the Note:(a)is co-signing this Security Instrument only ta mongage,grant aad convey � ;�'�
<br /> that BonoMer's interest in the Properly under the terms of this Socurity Instrument;(b)is not personafly obtigated to pay -
<br /> : the:umt aecurtd�y tbis Security lnstrument;and(c)agrees that Lender artd any other Borrower may agae to eatend. �
<br /> ; lnodify.fc�bear or make any sccommodations with rrgard to the terms of this Secunty Instrumrnt or the Note withou!
<br /> i thatBarro+va'sconsent. � .
<br /> �, �2. 1�G1�r�ea. If the taan serured by this Security(nstrument is subject to a law whicb sets msximum loan �
<br />� cl�arja. �tid that taw is finsiiy inttrpreted so that the interest ar ather toan char6es cuQected or to be colkcted in
<br /> ; ' conneotion with tbe lotr� eaceed the .-
<br /> pe�mitted limits, thrnc{a)any sucE� I•�an eharge sS�ali be rtduerd by the amoant
<br /> ; �feeessuy to rafuce the chu6e to tt�e permitted!�r.ut;and(b)aay s�ums airrady coiteccrd from Borrawer whirh earecdcd �
<br /> , Permitted Iinnits witl be refunded ta 8orrower. �.ender may bhoose to mafce this refu��y reducing tl�prinsipai owod .�
<br /> under thr N"ate or by makin;a direcx p�yenent u1{�orrawer.ifr►refund reduces princ�Fa1::he reduction will be tre�ted as a �
<br /> partial pr+!'ptyment wilhout my prepa�t c�r�undet the Note. �
<br /> . ' 1�. L�tlo� AR[�ctt� I,eNe�'a��ti�q, If enactment or esp�ration of appticabfe �aws has thc eRect of � �
<br /> � r�n6�Y Pr��sion of the Note or 4his Secunty Insttument untnforceabie aecordi^�to its ternss�,I,erzder,at iis option. �
<br /> � msy require immtdi�te payment in fuU of a)1 sums secured by this Security Instrucr.r.er t and may invake any retttedies
<br /> � D��«ad by pRnsrapb 19.1PLen�r�aercises this optipn,l,ender shatl take the step�s.��se�ifteti in�he sccond parograph of
<br /> ;• A�d��17.
<br /> l� 'Notkes. Any nbtice.0 8orrowrr provided for in this�Secunrc�Cr_;trumcnt shall be given by delivtring it�r by �'�,
<br /> ,.,,.
<br /> , maitin�it by,first rlus mri}unlrss opplicable law�teqnircs use oP anothe:�method. �'he nouce shall be dirccted to the
<br /> � p���Y�dtess or any nther ad�ress Eiorrawer des�gnotes by notirc t�l,eader. Any r.ar�ce tn Lender shal)be given by
<br /> Arst clu��tai;?to Lender's addttss sa2ed here�n or any ather addres�l.ender designatesby notice to bonawer. Any notice
<br /> providad Crcon thi�5�ecunty lnstrument cha)1 be detmed to have been g,ven to 1�orruwer cn t.ender when grven as provided
<br /> ra tHis parsgnph. .
<br /> ' IS �i���Kt L�+SQiat'abi�ity Tht4 Secunry lnstrumcnt shaU bc govrrncd Ay fedetal!aw and the law ostht '
<br /> . �urisdiction in which the Property�s located. In thr evrnt th�t any pr�a��s��n c�r clau�e of thic Secunty lnstrament ot 1he
<br /> Nota conttkis with ipplicable law,such�onfl�ct shali not aA'ect c�ther prnvrtiums nf thrs Security Inst�ument or t1:e Nnte
<br />_. which�an i'�t givet�rRect without.the conflicung prov�ston. To th�s end the pruvisu►nr of thic 5�curi�y Instrument anef the �
<br /> � Note are declutd to be severable.
<br /> ' 16• ��lt'f Cqy. Bormwer shall b���ven Une cc�nfurmed cup�of tAe Note and�nf th�s 5ecunty Instrument.
<br /> . • » ?�K����'��/ertY e►�UeetflCial !etlrest ie Borrower. If bll c�r any pan uf'the Property ur any
<br /> • interest in h is sold nr Iran�frtred tur if a berttficiat inteacst m�nrr�wer�s u,td c�s ttansferrr�i dnd i�orrvwev i`nnt a natutat
<br /> �rson)wilhaut Lender's ppor wnittn ronsent,Lender rtr�y,at�ts apt�rm,reyuue�mmediate payment�n ful!nf a0 sums
<br /> stcuted by this Seeunty lnstrument. Howe�u, th��t►ptiun shal! �wt be eaerc�sed by Lender�f excrc�se�s prc�hibitcd by " -
<br /> . federallaw�softhediteoithis''.fecuntylns�rumcnt. ` � '
<br /> IPLender eaucises th�!�tipliun,Lender shall givr�linrr�wer no��ce nf acceleraunn The nc�Ucc shall prove�fe a penod `
<br /> of not kss than 30days from thc date the notice rs del+vcrcd or m��lt8 w��h�n w�hrch[iotruv►er must pay aU sumti secured by
<br /> —.- -- , . _ . this Security Instrument.If 8ortower f�Is tu�ay these s�ims f+rcnr�n��,;�;�;�:�:a�.'thi��ii�Rf,l,cr;�er nnay trrvake�rsy . . . �.
<br /> �tt'�j�sperinifed6Y this Secunty Instrurnrnt without further nnt�ce��r demand��u Horruwer
<br /> � 1�8orro�rv's Rl�t tn Reiestatr. If Horrt►wu tneets certa�n cc►ndslu�r�ti,,H;�trawer chali have the rtght ta have ' iy
<br /> enfafcement nf iht�5r�cuc�ty lnstrumtnt d�scnnlinued at any�ime pnc�r tc�IA�earl�er nf �e�4 days�ur such uther per�ad as
<br /> ( �yplicAbte!aw r»�y yptcifjr f�t re�nstatcmrnt)hefore��le uf'thr Property pursuant[t�au} p�.,Her��f cale reinta►ned in this
<br /> L Securi�yins�rument,dt Ib)enir�nf a Jud�nent enfvrGit�g�h.is Sesuttty Inrtrurarnt 'ihn5e c��nd�t�z��s arc thai Lintrowet.
<br /> 1�)pays Lendtr all sums whteh then K•outd he due_utider thi4 Secunt} Inatrument anc! the tiote had n��acctlerahun r"
<br /> ' �rcurrtd; (b)cures any Qrfault at any t�ther cntienants ar agreemeric,�. (cl pa4�a13 eap:uc�� �ncutfed in enlor�et�� th►� �
<br /> � 5tcunty insitument. inciu�ing, buE.t�ot {ittutrci Iv,teasanabt���[?�ine}4 la�4:ant�(ctt take-;uch a�t�t,n u� t�t�dee rnay -
<br /> �.u'i,6II�1y reywte t�assurC lhc�! the lrtn pf tht;Seiur�ty tri;frument. L.tt�efet�ti ri�ht�►q ,isr P����iert} dr�d i�e,rrc�xer's �-� '
<br /> abligat�on t�•yay tht �ums cecureti by eh�� �tcunty. It�sttument �hall «�r�unue u[�:han�eJ !"���:� rtE�rtitatctnr��t h�
<br /> Hptrowu.this Secur�t}Itistrunzent atid Ihe�+bligaliun;�ez u►ee!tierehy ctz;rti remain!'uftq cffe�tr�e s;zt���,a�trtcratii�ir iiaci
<br /> orcurted.iiowe�er,tt��sr�ghs tesre�nstAteshalf no�up�rly�tt tNetaSC:�racceler;.,E���r,ur,efer��r�gra��i�� t"+�,r I� �
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