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W.- 10183`
<br />If Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument,
<br />Borrower shall pay the premiums required to maintain the insurance in effect until such time as the requirement for the
<br />insurance terminates in accordance with Borrower's and Lender's written agreement or applicable law.
<br />& Inspection. Lender or its agent may make reasonable entries upon and inspections, of the Property. Lender
<br />shall give Borrower noticeat the time of or prior to an inspection specifying reasonable cause for the inspection.
<br />9. Coadeas itIon. The proceeds of any award or claim for damages, direct or consequential. in connection with
<br />any condemnation or other taking of any part of the Property, or for conveyance in lieu of condemnation, are hereby
<br />assigned and shall be paid to Lender.
<br />In the event of a total taking of the Property. -the proceeds shall be applied to the sums secured by this Security
<br />Instrument, whether.oar t ',m due, with any eactss.paid to Borrower. In the event of a partial taking of the Property.
<br />unless Borrower. � v. 2herwsae agree in write.bite sums secured by this Security instrument shall be reduced by
<br />the amount a+t"R e:: r c �-ndtio5ed by the foilo.��.�,g,,; tii:m- (a) the total amount of the sums secured immediately
<br />before the to i;it g;slitidod by:M.the fair market valio'J:IQyty immediately before the taking. Any balance shall be
<br />paid to Borfd*t~r.'
<br />If the Property i-;JJ Mi�r.1,aned by Borrower, cd.ff, after noticeby Lender to Borrower that the condemnor offers to
<br />make an award or settle a r hi6 for da=- gc% Borrower fails to respond to Lender within 30 days after the date the notice is
<br />given, Lender is authorized ,a collect W1 -apply the proceeds; .at iisi_aptian, either to restoration or repair of the Property Cr
<br />to the sums secured by this Sez-tirit v Il�,srent, whether or not they due.
<br />UnlessLenderandBu�a .ic a�.rhe*rviseagz An writing, any appiiceMmofproceedstoprincipalshs ±I •mrzt�tird€
<br />postpone the due date of tihe w" ;y arss�eazs m'r=md to in paragraphs l;, a , 2 or change the amount ofsVC pal es,,
<br />10. Borrower NotR itrarbesimice By Leader Not a Waite Extension of the time for payment tt .':
<br />modification of amortizatfah of Ott sl= soured by this Security Instnr ^z granted by Lender to any successor in
<br />interest of Borrower shall not opens tmti>: release the liability of the original Saz:fower or Borrower's successors in interest.
<br />Lender shall not be requrrr-d to commence prrsceedings against any sucasar in interest or refuse to extend time for
<br />payment or otherwise mfr amortization of the sums secured by this SemmiV,.Instrument by reason of any demand made
<br />by the original Baacfawe ear Borrower's successors in interest. Any forbeartuaeby Lender in exercising any right or remedy
<br />shall not be a wrb?vr of or preclude the;e-iarcise of any right or remedy.
<br />11. 5awasors sad Assipasa iiliraad; Joint and Several Liarrr"iiF; Co-sipers. The covenants and agreements of
<br />this Security Instrument shall bind"lbenefit the successors and ass;g s osMe-z, demand Borrower, subject to the provisions
<br />afrxaragraph 17. Borrowees covenants and agreements shall be joint and sea mil. Any Borrower who co -signs this Security'
<br />lea�ment but does not exe-qute the date: (a) is ca- signing this Security insa -anent only to mortgage, grant and convey
<br />t1!ra Borrower's interest in the Ftapertcx under the terms of this Security Instrument; (b) is not personally obligated to pay
<br />the sums secured by this Security Ins=.itnent; and (c) agrees that Lender and any other Borrower may agree to extend,
<br />ct, -dify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without
<br />tlhet Borrowees consent,
<br />12. Loan Charges. If the loan secured by this Security Instrument is subject to a law which sets maximum loan
<br />charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in
<br />connection with the loan exceed the permitted limits, then: (a;) any such loan charge shall be reduced by the amount
<br />necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded
<br />permitted limits will be refunded to Borrower. Lerder may choose to stale th.;s refund by reducing the principal owed
<br />under the Note or by makiaga &eact payment to Borrower. If a refund rediami s pr u pal, the reduction will be treated as a
<br />partial prepayment without mn, y pre pa:3iment charge under t3:e fart qr
<br />13. Legislstlos Affecting Lmukr's Rights. If a :a -ment o= eap_x-t of applicable laws has the effect of
<br />rendering any provision of the Note or this Security Instrument unenforceau,: azcording to its terms, Lender, at its option,
<br />may require immediate rmyment in full of all sums secured by this Security instrument and may invoke any remedies
<br />permitted by paragraph L r 11f Lender exercises this option, Lender shall tak-c Cite steps specified in the second paragraph of
<br />paragraph 17.
<br />14. Notices. Any notice to i irtowerprovided for in elh.is Security Irslrt:xron shall be given by delivering it or by
<br />mailing it by first class mail unless applicable law requires use of another int'tcd— Tr: notice shall be directed to the
<br />Property Address or any crirer address Borrower d.- signates by notice to Ire. +der. Any notice to Lender shall be given by
<br />&N i class mail to Lender`s zd Wress stated herein or ar f other address Lender designates by notice to Borrower. Any notice
<br />provided for in this Security Instrument shall be deer ed to hate been given to Borrower or Lender when given as provided
<br />in this paragraph.
<br />15. Governing Law; Severability. This Security Insatrar,,^nm sha!1 lire governed by federal law oral the law of the
<br />jurisdiction in which the Property is located. In tha event that any provisLari or clause of this Security k:slrument or the
<br />K�to conflicts with apr i.ka i e law, such conflict sTrrB not affect other provis:ons of this Security frscrument or the Note
<br />which can bye given effect without the conflicting r, .wdtsicn. To Ws end the pror+isions of this Security Instrument and the
<br />Note are deckced to be severable.
<br />16. Bar. rowees Copy. Betr,7*er shall be given one om'Jor need cop f cG ehti'.el cot and of this Security .Instrument.
<br />17. Transfer of the )property sir a BenefWal Interest in Borrower. if a:i or any part of tr&: F, o;crty or any
<br />interest in it is sold or tram wrr3 (or if a beneficial inxerest in Borrower is sold or transferred and Borrower zee not a natural
<br />person) without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums
<br />secured by this Security Instrument. However, this option sfi.M not be exercised by Lender if exercise is prohibited by
<br />federal law asofthe dateof this Security Instrument.
<br />if Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice gulf provide a period
<br />of not less than 30days from the date the notirm is delivered or mailed wit hhr+v3»ch Borrower must pa-y -Z! I sums secured by
<br />this Security Instrumem. If Borrower fails to 1;w3 6i me sums prior to the b ration of this period, Lender may invoke any
<br />remedies permitted by this Security.�,utrument without further mcr_2ceor demand on RoaTtwNer.
<br />18. Borrower's night to RiOn Wale. If Borrower meat r ar..aia conditions, Bri: rmawar shall have the right to have
<br />enfor"ment of this Security lnstru �nt discontinued. atany- t=v,, prior to tie earlier of: (a) $ days(or such other period as
<br />L applicable law may specify for reinstatement) before :;f the Property p± rsuant to any power of sale contained in this
<br />Security instrument; or (b) entry of a judgment enforcing this Security Vitis u ament. Those conditions are that Borrower:
<br />(a) pays Lender all sums which then would be due under t -s Security Instrument and the Note had no acceleration
<br />occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this
<br />Security instrument. including, but not limited to, reasonable attorneys' fees; and (d) takes such action as Lender may
<br />reasonably require to assure that the lien of this Security Instrument, Lender's rights in the Property and Borrowers
<br />obligation to pay the sums secured by this Security Instrument shall continue unchanged. Upon reinstatement by
<br />florrower. this Security Instrument and the obligations secured hereby shall remain fully effective as if no acceleration had
<br />recurred. However, this right to reinsiate shall not apply in the case of acceleration under paragraphs 13 or 17.
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