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<br /> � lf l.ender required moet�t�e intua�as a condition of makia� the loan secured by thi�Secutity lnstrumant.
<br /> 8orrower ahall pay the pranivau�equira!to msintain the insta�tncr in eRect until sucfi time u the requiremrnt for the
<br /> imurat�ce terminates in accordsnce with Bono�er's and Lende�•s M�itten a�reement or applicable IaM.
<br /> �. I�cllo�. L.e�nder or its s�rnt may make r�auonsbie eatries upan and inspections oi the Property. Lender
<br /> thall�ive Borr�awer notioe st the time of or prior to an inspection specifyin�reasonable cause for the inspection.
<br /> "' !. Oo�awtie�. The prooeed�of any aMard or claim Cor dam�ses.�irect or consequential.in connection�ith
<br /> tny condeannation or ather tskin�of any psrt oF the Property.or for conveyance in lieu of condemnation.ue hereby
<br /> s�tip�ed aed�hall be p�id to Lender.
<br /> ; la the event of a tota!takin�of tlie Property,the proceed�shaIl be applied to the suma secured by this Secutity
<br /> I�stnm�att.whether or not then duc, �vith any exau paid to Hortowrer.In the event oP a p�nial akie�at the Property.
<br /> unka Honower and l.ender otherwise a�ree in writins,the sums socured by this Secur�ty Instrument shall be redu�oed by
<br /> the amouat d'the prooeeds multipNed by the tollo�vina tncti�n:(s)the total �mount of the sums sc�eured immedistely
<br /> before the takin j.divided by(b)the�iir mukel value of the Property immediatcly before the takina.Any balance shall be
<br /> paid a Bomo�ver.
<br /> If the Property is�Mndone�d by Borrvrver.ar if.atler notice by Lender to Horrower that the condemnor oRen to
<br /> . � tnalce an a�rd or xttk a claim for damaaes,8orrawer fiils to rcspond to Lender within 30 days aRer the date the notice is
<br /> ' pvm,Lettder is authorized to collect and apply the praceeds,at its option,either to ratoration or repair of the Property or
<br /> _ ta the sums securod by tbis Security lnstrument,whether os not then due.
<br /> . . Unkss I,endei and Borrow►er othetwise saree in�vriting,any applicatio�of�raceeds to principal shall not extcnd or
<br /> � postpone ihe due date of the montbly paymrnts refened to in puagraphs 1 and 2 or change the amaunt of such paymrnts.
<br /> 10. Borrower Not RekMe1; For�ra�ee By I.e�de� Not • Wd�er. Eztcnsion of the time 4'or payment or
<br /> modi8catan of amortizatioa of the sums secured by thia Security Instrument gnnted by Lender to any st�ccessor in
<br /> interest of BorroMer shall nat operate to release the liability oP the original Borrowet or 8orrower's successors in interest.
<br /> L�ettder ah�ll not be required to commence proceedinas aaainst any successor in interest or �efuse to eatend time for
<br /> � {saymrnt or otherwise modify amortization of the sums secured by this Security Instrument by rason of any demand made
<br /> by the oripnal Barowrer or Borrowrer's successota in interat.Any forbearance by i.ender in eaercising any riaht or romed?
<br /> :hall not be�wuver of or preclude the exaax of soy ri6ht or remedy. �
<br /> 11• SreceMOrs a�i A�iW Bow�;Joi�t aM St�enl I.i�bilit�r.Co-sipen. The covrnanu and aareements of �
<br /> this Security Instrument shall bind snd benest the suoassors�nd assigns of Lender and Borrower,subject to the pravisions
<br /> --- Qf piiiRtipll 17.BQfiOrft[�S CAV!lfitltS sild 1t[!!ltfEnit chl11 M ininl wa�i erv�rwl A nv Rnren�ve�ubn�v�.eim�a t ie Gn.Wn:v - -. �..
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<br /> lnitnimetit but does nat a�awte the Note:(ri}i9 eo-sianieE this Socurity Instrument onfy to mortgage,grant and convey i ;:_
<br /> that Borrower's interat in the Property under the terms of this Security Instrument;(b)is not personsily obligated to pay -__
<br /> the sums secured by this Security Instrument; and(c)s�ras that Lender and any other Borrawer may sgrce to eatend. � -
<br /> modify.forbur or make any accommoduions with regsrd to ths terms of this Secunty tnstrumrnt or the Note without � -
<br /> thst Borr+oxtr's consent.
<br /> 12. LoM�r�a. lf the loan secured by this Security lnstreiment is subject to a l�w which secs maximum lo:n =
<br /> chuta. and that law is finally interprcted so that the interest or other loan charges eollected or to be collected in -
<br /> connection+vith the loan excaed the permittod limits, then: (a) any such loan charge shall be roduced by the amount
<br /> necessary to reduce tbe chuae to the permitted limit;aacf{b)any sums already collcetod irom Horrower which exceeded "
<br /> permitted limits will be rd'andod to Horro�er. L,ender may choose to make this refund by reducing the principsl owed
<br /> : nnder the Note oc by makina a dirext payment to Borrower.lf a refund reduces principal.the reduction will be treated as a
<br /> , partial prrp�yment without any prep�ymmt charge under the Note.
<br /> 1�• I.ed�latlo� AlYeetie= I,eader's lit�hb. If enac[ment or expiratian of applicable laws has the effect of
<br /> rendering any provision of the Note or this Security Instrument unenforceable accarding to its terms,Lender,at its option,
<br /> may require immediate payment in ful)of all sums secured by this Security Instrument and may invoke any remedies
<br /> permitted by pera�nph 19.If Lender esercisrs this option.Lender sh�il take[he steps specified in the second paragraph of
<br /> . PsnBnPh 17.
<br /> I4. Notica. My notice to Borrower providcd for in this Security Instrument shall be given by del�vering it or by ���
<br /> mailin6 it by first class mail unless applicable Iaw requi�es use of anather method. The not�ce shali be d�rected to the �
<br /> Property Address or any other address Borrower daignata by notue to Lrnder. Any not�ce to Lender shal) be given by •
<br /> first clue mail to I.ender's address stated h�rein or any other address l.ender designatcs by notice to Bonower.Any not�ce
<br /> provided for in this Socurity Instrummt shalI be damed to have ban g�ven to Borrower or Lendrr when given as provided
<br /> in this paragrsph.
<br /> �S• Ce�ctroio�Lns;Seierabit�ty. T'his Secuntv Insttument shall br�C�vvned bv federat taw and the law of the
<br /> jurisdiction in which the Property is locsted. In the evrnt that any prov�s�on or clauu of th�s Secunty Instrument or the
<br /> Note conflicts with applicible law.such conflict shall nat affect other prov�sions af th�s Secunty Instrument or the Note
<br /> whieh eAn be given effect without the conftictmg provts�an.To th�s end the prov�s�on�of th�s Security lnstrument and the
<br /> Nate are declarod to be severable.
<br /> I6. Borrower'�Copy. Borrowtr sh�11 be g�ven one confnrmed copy �f the tiote and of th�s 5ecunty Instrument.
<br /> l7. Trantfer ot tLe Property or s BeneBcial Interest in Borrower. If all or any part of tht Propeny or any
<br /> intercst in it is sold or transferred(or if a beneficial intrrest�n Borrower�s sold or transferred and Borrc►wer is nat a natural
<br /> penon)without Lender's pnor wntten consent.Lender may,at �ts opuon,requ�re�mmed�ate payment in fulf of all sums
<br /> secured by this Security lnsttumtnt. How•ever, thts opt�on shall noi be excrci�rd by I.ender if exerase �ti prohib�ted by , —__----
<br /> federal law as oi the date of th�s Secunty lnstrument. ,
<br /> If Lender exercises th�s opt�on, Leader shaU gave Aorrowec notice of acceleration The nouce shaU prov�de a petiod
<br /> of not less than 30 days from the date the not�ce�s dehverGd or ma�led K uhin w h�ch$orrower must pay ali cums secured by
<br /> Ihis Srcurity lnstrumcnt.IP$orrbwer fails to pa� these sums pnor to the ezpiration of thi�E+enod,Lender rnay �n�ake any
<br /> remtdta perntitted by this Secur�ty lnslrument w�thout fur th�r nct►cr or demand on$orrower.
<br /> 16. Borrower's Right to Reinst�te. if�orrower meets certa�n cnnd�ti�ns, $orr�wer ct�all have the n�ht tv ha�e �
<br /> � enfarcement af th�s Srcunty instrument disrnnnnued at any�hme prior tc�the earlier<,f (a� 5 days for such�ther pcn��d as .�
<br /> apphcabte law mug•spec�fy for remstateme.nt)bef�re sale�f the Propetty pur5uant tc�an} �Ner i�f tiale c��niained �� th�s
<br /> Srcunty instrument, �r(b?eniry of a�udgment enforning this Sctiurtty lnurumcn: 1ho�. �nndiu���ti are that Hnrrnwer �
<br /> (a? �3�� l..tn��r �!1 tiu�s t:hicls :ren ::oald i-: dae ur.�cr thi� 5c;sr�:� Instrunient �nc; th� tir�sr had n�n acccicrat„�r, �
<br /> oc�urPt�. (b? rure; any default of an} other �oLrnants o� agreementti. (c� {�a}�all e�pernr. �n.urred in enfe�rcin�t Ihiti 'Di
<br /> u�
<br /> Seturrty Incttument. includ�ng, but nnt limitec: tv, reas��nable attorne}:' fee�. an�i �d► iai,r, �,,.h e�����n a. I en�icr m�y _ �
<br /> reasonably requ�re t�� a�wte tt�at the iien of th�s 5,cuniy Intittument, iendcr . r��Zhi. :r: ihe i't���rra� end tl:�rr.���cr � .
<br /> obLgatiun tu p�� the surns �e�«red hy th�� Srcunty in�trument �ha�l _��i,�inur un�h.�•�fc.i t ;�.•�. rr�rs,taterr�ci�t h}
<br /> I3nr�ower,th��Se,unt� In�trument anS ihe��hligau�mti�e:�rcdh�•rrhti sh,�lf rcm��u .'ull�i•"e.���r.���' �- •�.�rlrret� �n f�a�f
<br /> • e+:•curred Nr•.�e�er.thi�nFhtu�re�nstate�ha:;n��tap�ly �nthc�,,�:rd,�.�cicr,:r�. r,;,n,1�•t�_:•.,,�.:ti,. . ."
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