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<br /> � lf Lmder rtquired martqae iresuranze u u caad'etion of m�king the taan srcured b}this Security lnstrurssrnt,
<br /> Horrower sh�il pay the premiums required to rtsaintain Ihe insar�nce in effect until such time as the reyuirement for the
<br /> insurance tetminata in accordsr�ce with Horrawer's snd Lender's written agtament or applicable uw.
<br /> �. 1�1etlo�. _Let�der ar its agent may make reasonible entries upon and inspectiona of the Property. Lender
<br /> �all pve Borrower.�tilie l�t the timt of or pr�or to en inspe�ction specifying ressansble c�use far the inspection.
<br /> !. p�ipwtiM. The proceeds af any bward or claim far damsges,direct ar consequenti�l.in connection with �
<br /> any ea�demnation ar uther taking of any parc of the Property,or for conveyance in lieu of cnndemnation.are hereby
<br /> , assi�ned and sf�l!bc p�id ta Lender.
<br /> In the evrnt of�total takin�oP the Property.the procecds shall be aPplied to the sums secured by this Security
<br /> l�:trument,�►hether or no1 then due,�ith any eacas paid to 8orrower. ln the eveet of a pastisl ukine of the Property.
<br /> untas Horrow►er and L�ender otherwise a�ra in writina,the sums xcured by this Security lnstrument shall be reduced by
<br /> tl�e amount of tAe prooeods multipliod by the follo�ving fr�ction: (a)t6e total�muuat of tbe sums secured immed'utely
<br /> beforc the ukins.d�vided by(b)tlie fair rtwlcet vaiue oPthe Prope»y immediately before the takina.Any balsnce shall be
<br /> p�id to Aorrower.
<br /> !f tt�e Property is absndot�ed by Borro�+er�or if.after notice by Lender to Borrower th�t the condannor affers tcr
<br /> make ae aw�rd or settk�claim fo�dami6ts.Borrow�er fails to respond to[,ender within 30 days afler the date the notice is
<br /> � pven.Lender is authoriud to collect and apply the proceads,at its option,either ta restorAtion or repair of the t�roperty or
<br /> to the sums secured by this Security lnstrument.whether or not then due.
<br /> Unless Lender and�orrower otherwise astee�n writing.any application af proceeds to pRZr.npal shall not estend or
<br /> po�tpone the duc�te oi the monthly paymmts referred ta in psr�gaphs 1 and 2 or change the scrnount of such paymrnts.
<br /> lm. Borrower Not Reka�d; Fortiaira�ce By Le�der Not a W�irer. Extensien cF the time for paymmt or
<br /> madification of�mortiutian aP the surt:s secured by th�s 5ecunty Instrument granted by Lender to any successot dn
<br /> intercst of Borrorver shall ao!operste to release the liability of the orig�nal Borrawer or Borrower's successors in�nterat.
<br /> Lender shall not be roquired to commence proccedings aga�n�t any succe.csor �n mterest o: cezuse ta extend time for
<br /> payment or otAerwise modify smort�tation of the sums secured by this 5ecunty Instrument by re�.�on of any demand made
<br /> by the ori�inal Bonower or Hono�vet's successors�n interest.Ar�forbearance by l.ender�n exercising aoy nght or remedy
<br /> shall not be a waiver of or preclucie c�e eaercise oiany naht or remedy.
<br /> 11. S�cce�on a�Awi�s So��d;Joi�t awi Se��nl Li�bility:Co-si�see�. The covmants and agreements of
<br /> thia 5ecurity In�trumrnt shal)aind and brnefit the succason and us�gns af Lender and Borrowcr.sub�cct to thr ptov�sions
<br /> of otralvavh 1�.Hnrrnwu's cdoventnls and ureemrsi�s shall he�nmt and s�veral_Anv Bnrrnw�r whn en.s�ms thu Securitv — ._
<br /> lnstrtimtnt Eui does nat eae�nte tht Note:(��is casignin�th�s Sa:unty Insttumrnt o�ty�c�martgrge,gr,��t,�nd conv�y '
<br /> that Borrower's interest in tht Propetty uader thc terms af Ihis Secunty lnstrumcnt;(bi is noi personally obiigated to pay ,
<br /> the sums securod by this Sesunty Instrumen[;and(c)agrees thtt Lender and any other Borrower may agree to eatend.
<br /> modify�forbear ar make any�ccammodatians w�th regard ta the eerms of th�s Serunty Instrument or the Ivote w�thout
<br /> that Horro�ver's consent. '
<br /> 12. LoM Cl�u�es. If the losn seeured by tb�s Se�unty.lnstrument�s subject ta a law whuh sets msa�mum larn � -
<br /> chat�a, and that law is bnally interpreted so that the �nteral or other laan chtrga collected or ta be cullectod in -
<br /> connactioe with the loan exceed the perm�tted limits, then: (a)any such loan char6e shali be reducrd �y the amount •
<br /> ne�easary to reduee the chsrge to the permnted Lmu:and tb)any sums already collected from Borrovr•er whuh eaceMed :�
<br /> pertnittod limits wili br refunded to Borrawer Ixnder may chcw�e t� make th�s refund hy r�ducmg the pnncipal owed • -
<br /> under the Note or by making a direct payment to Borrower lf a refund reduces pnncipaf.�he re�ucuon w�ll tx�reated as a
<br /> pariial ptepfiyment��thout any prepayment charge under t hc Note
<br /> !3. Lpfldatioll A![lettua Lteder'� RiRhts, !f cnactmcnt or cxpsra�ion �f applic.zblt laws ha� the clfect af f
<br /> renQeritt�any pravision of the Note nr th�s Secunty Insttument unenforcahle accord�ng to as terms,Lencier,at ns opt�on. ;.
<br /> may require immediate psyment in full of a!1 s.ums �ecured by ih�s Secunt� Instrumrnl and may �rnoke any rrmed�es
<br /> pertnitt�d by paragraph 19.if Lender ezercises th�s opnan, Lender shaI.�take thr step��pec�fied in the ucand paragraph of
<br /> pan6raph 17.
<br /> l�. Notied. Any notice t��fic►rrow•er ptrn�ded fos m th�s Se�u�it} IRstrurrz�nt shall he g��en hy delner�nF u��hy '�
<br /> mailina it by �irst clasa ma�! unies� applicable iew rcqu�res use nf att��tlter meth.�.i The notuc shai! be d�rrcted to the
<br /> Property Address ot any other addras F3orr�ss�•et des�gnatcs by notc4r. to l,rnder Am not�ce to L.endet�hall be R�ven by
<br /> flcst class mw�!to Lender's addrtss stated her�.n or sny ather addreS,�..er>��r�ie�tgnate�by noe►ce to Bc�rt«v►er Any noUce
<br /> ptovided fonn th�s Secunty lnstrument shail Rx drem�d��havc bcrn g�•�cn tn Eir�rr��wer ot I.�nJer when gnen as prc+vtde0
<br /> in�his paragr�ph.
<br /> tS. fi�CSning I.aw;5crtrt6i!'sty. Thsc Sr.::rc� t�strnmem erall i+.:F�-ti�*s�c� hy l�.:rrat taa:an�ths law nf th�
<br /> �unxfr��nn irt whuh the propeny�s lncated in the etiem that an�• ��r,tiicr�n nr clau�e c.f th�s Secunt. lnstr�-:aent ar thr
<br /> �cit ecmfl�ct9 v►ith appl�eable 1aw.�uch cun�;u,i st�ali i�vi dRe�t nf}irr �;s���i.���n���f �fi��Secur�iy In�trurr.rr.� nr the '�ctc
<br /> wh�ch c�n beg�ven c:ffect withaut the conflut�ng prab�sinn t�►th�ti end the rru��,�.�n+c�f�h��Se.urny Instfu:hent and thr
<br /> Note are decla�ed to bc se�cra�lc.
<br /> 16. gorru+rer'�Cu�fy. tivrrower shall be g�.en uRrcrnfnrmeil u�p� ��t the'���te and��f th��Seiunty [mtrament
<br /> iT. 'fe`ansfer o!tht ProQtrty or a Beneficiat Inttrest in f3urruwcr. If ali <<r aii; �art uf the Nruper�� ur any
<br /> interest�n�t is sold or iransferrcd(or�f a 1rr�nrf�c,al�nterr,t :n N<�rrr.�cr ��+��1d�+r sr.mtiferrcd ar:d 8��rrc�wer i�ru�t�riatural
<br /> person)+��thout Ler.der's pr�or wnttcn cunscnt, LCt1dCf(S1J�.3� IIL(1�SI1C�11, ICi,U1(C 1fIlITICC�IdIC �AyfRtfll Ifl IUII Uf 8I��UIT1S
<br /> secured by th�s Serurity Instrununt Houetier, this <�ptuic� �hall itn� he rxer�itieJ hy t erider if extrc�•c iti prc�h�h�ted by _ _ _ __
<br /> fecterri law as of theclate of this 5ecunty Insttument � T
<br /> lPl.endtr cxesc�ses t�tis option. Lender shall gne&►rr�+�er n��t��r��f a.,eleraaon I't�e nal�:etihall prv�ide a peruxl
<br /> oinot less than 3Q dn�s from the date thr nutice�1 deli�ere�i ur maded w cthin w Fn�h �i�,rrnwrr mu�t pay all�um�sewred hy
<br /> th�sSecunt�lnstrument !f Notruwer fail�tu p�y thes��ums pnur tu thc r�pir;,tu�r<of th�.pencxi, E er�der rnati inr��le an}
<br /> rcmedit;�►errr��ttecl br th�s Se�:unty{n�trument wsth�ut fur:her n<�tr_e+•r��em.snd�•n f4c�:r��wrs
<br /> 18. BoTrotrtr's Right to Rtinstate. If fii�rte�uer rr�eetti �ectauc <<mdit�nrn. fi�+rr��aer �ha;i ha�e the nt;ht i�� lia�c t
<br /> er�forcement rS'th�s Secunty ln�trument disc<tintinued at any t�me priar �;�the e.irher��! ta�s ci.,�����r.u�h<.►f+er �en�*il ati �!
<br />� � c�F1�1�{CdZ1��° ��N may specity fc>r reEmtutement�t+rfe�re �:►ie�3f the Ytc�(1fi!4 (�Ul�Wfli fl�6�1� ���aCf �•��JSC�ulttdrt.Ct) IIi th�ti ��
<br /> SCtU(1T1� I115►fJt'iletll. (V (IY►Ctl[fti ot a�ud�men� enf.�."C141R �hl� �£�f►tll4 �t�.If�tttCit! �71•�'�_' �.��';(��5:����� �tfP IIIJt f���If���+C�
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<br /> �ncurr'ed ��) �UfF� an� deiauit �•f any nther ���tier�anh ��: a�:rerir�enr, l,i (•,1'.. d;i t�L�:ti�:'• ili..�fft•.j �'� rt��<•S..itii �ti;•. `�.C�
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<br /> re3tutt�hly re�u�ir I;� a.�ure Ih�+t the l;en ��} tht� Se_un!ti In�titir;�n+ 1 en.:er . -���h!� ��� �in� 1'c .�c ��� .:n,.1 Ft �r�...�et �
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