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<br /> � tt r.aoaa neqoirea mortp�e i�urince as�c�dition of mali�aa the�oan sxuna by t�i�s�c�ity I�� , '
<br /> {`�` _ . Bqcro�er:6al1 P�Y�P��uir±od ta m�qtain the i�urance ir�effut�utif s�cb tima u the nequi�ement for tbe ,�
<br /> � � id�n�aaocterminetainac�co�oewritbBotrow�e�saad.Leade:'s�rritteaag�aijentosapplir�abkL�v.�
<br /> �. L�ia�. Leadtr ar it�s�ant miy m�lce tpaoasbte eatries upon-rnd impections o�tLe Pr . �
<br /> . , s6all re Batra�rir natict at tLe time cfor prior W an impepion specifyenb re�sona6le csute for tbe ip,q�Ctio�a.�'�
<br /> � p� C�i�Mt� .'I7rc Dtaoee�of aay s�rard a ciaim for c�o�e9urn � co�ection rrith •
<br /> y�onda�pa�tion or ot�er tsi�of�ny part or t6�rr �a•dnnct or t;,l in , ,
<br /> � a�r+�s6d aw!s1�U be p�id to Lmukt . �Y.or for conveysn�x in liea af��,�rt bereby .
<br /> . ; . . In 8ie even[�ti ta�al tal�ittj af tbe Property.tbe praoads slyaU be applied to tIit sums aecut�ed by tbis Security - � - ----
<br /> . In�trna►aAt,wbetBrr or nat tlim du��vith�y e�s ptid to Borroaer.In the cvrnt of�t p�tis]tatring of the Property .
<br /> �m1es 8bre+a�rer wd iRackr otherwi�r ap�e in Mriti»�.iLe awms secared by t6is Security Insuurixnt ahall be redoced by
<br /> � tLet�iponnt cif'tl�r pmoeeth mnitiptiad bY tbe foliorins friction:(a)tbe total imount af the sums secured iannediately �
<br /> beFae t�e taicims,divided 6i►(b)the fair market 1�tlue of t6e Yroperty immcdiately bd'ore the takin M .
<br /> pid W Horrio�er. & Y�1�nce aball b� �
<br /> i ���rop�t7►u swedoned by Borru�ver,or if,after notice by Lender to Borroaer tliaat tlie condemnor olFcra to
<br /> - - --- --.mtTceaaawantortatl�ea�cJaimfor,d�ma�SS,Banaurafailsto�rrs�s�ndtal.enderwithin3� .,-�
<br /> +� p�o,Leocler i=aut#o�i�aed ta cdlect aad a 1 e�e �after��ate ihc notice is
<br /> ` ' ���� �� PP Y proceeds.at its option,ei�er to restorataon ar npair of tl�ee Propestq or � � �
<br /> � h►�d�t,�vhether or not t�en dua
<br /> . �: Uak�s Lender add Borco�rer 4t�erMise sgx in writin&,any applicatirn of groceods to principaJ sha11 noE eatsnd or
<br /> I ������°����Y P�►Yments r�ferted to in paragraphs i a�d 2 or chaage the amount of soch po�yments,
<br /> ; ..�� . I0. _HoeYip�rer N�t.��ler� F�•gY�.e�dtr Not a �1►aiver. Extrnsion of the t� far payment or
<br /> �: �oc�difii�mion of aawrtization of the aums se�ured by this Se�usiry Instrurr�eat �nted by Lenda to any successor in
<br /> iniectist o�BosroMer�1aU not eperate so relase the da6ility of the origina!Honawer or Bonower's s�ccessois in interest.
<br /> � ; I.endec sl�al! not be reguised to cammence proas+dings agtinst any successor in interest ar refuse ta eztend time for �
<br /> , p�yma�t or atbaMise modify�mortszation sf the sums secwcd try this Socurity Instrumtnt by aasan oTany demand made -
<br /> �'����o�'a a'Ba�tvet's successors jn interest.Arry forbesrance by Lender in exercising any rigbt or remedy
<br /> �11 uot be i w�aiva dor preclude tbe e,�ercise of any ri�ht or remedy. �
<br /> 11. Sreop�es�IM AaN{�Hn�'Ja(�t�N Se�e�a1 I,l�iub:Co�ets• The covenant�s aad a
<br /> lgrexatents of
<br /> � tb4 Sacurity Iristsument ahaH biad and bene8t the tucceasors sn8 assigns of i.ender and Borraaer,subject to the pmvisions
<br /> , ! o�pus�aph 17.BotroMe�s covenants and�reemeais sha11 be joint and several.My Borrower who casigns thisSocurity '
<br /> Instrum�dnt Dot does not eaect�te the Note:(a)is co-signing this Security Instrument only to mongage.grant and convey
<br /> t1Mt Borrow'et'�interest in the PropeRy under the terms of this 5ecuaty Insttumrnt;@)is not personally oblig�ted to pay
<br /> the�umt sact�rad by this Security Instrumrnt;uW(c)agraes thai Lcnder and sny other Barrower may agr�to extend.
<br /> tttadify,forbar at malce any�ccommod�tians with tegard to the terms of zhis Secunty Inssrument or the Note without � �
<br /> j ttut Borro�ver'scon�ent. .
<br /> ' �� Lor�e�es. If the Iosn seeured by this Security Instrument is subje¢t ta a!aw which secs maximum lo�n
<br /> � ��rja. and tbat la�v is tinally interpreted su thst the interest or other to�n huges coltectod or to be collected in -
<br /> . ! connection�vith the W�n excced the Qem�itted timits. them (a)any such laan chatge sha11 be reduced by the amount • �
<br /> � necassry to reduee tht charaa to tht permitted limit;artd(b)aay sums already collcetrd from Borrower which exceeQed �
<br /> pemiltted limits wiU 6e refunded to Borrawer. Lendec may choose ta rzeake this refund by reducing the principsl awed ' ��
<br /> under the Note or by m�king a direct psymem ta Borrowet.If a refund reduces principal,the reduction will be treated as a
<br /> . P�rtia11p3 p�yment�vithout�rny ptepayment charge unQer the Note. • •
<br /> renderin � ��� ��� ��' jf en�ctmen� ar expiration of applicabfe laws has the effect of
<br /> ; � Y p��on of the Note or thia Socurity Instrument unenforceable aceording to its terms.Lender,at its option,
<br /> � �Y�9Wte ttnmediat�paymant in fuU oP all sums secured by this Secun[g• instrument and may invoke any remedics
<br /> , pettnittad by p�trs�nph Ig,If I.endet eaercises this option.Lertder shall take the steps spec�fled in the second paragraph of
<br /> - panjrnph f7.
<br />� 14. Notk�, My notioe to Borrower provideA for in this Security lnstrument shaU he given by delivenng�s or by '��`'
<br /> mailina it by Arst c1�ss mail untess applicable law requires use of another mothad. The notice�hall be directed to the i
<br /> � � Propetty Address or any other sdQress Bortower designates by notice to Lender.Any not�ce to l.ender shall be given by
<br /> � Ant class mail�io Lender's sddress statod herein or any oiher address Lender designates�by notice to Borrower.Any notice
<br /> • provlded for in this 5ecutity Instrument shsU bc damed to have been given to 8orrower or Lrnder when given u provided
<br /> in tbis pats�nph.
<br /> tS. C�er�1�Law;$e�t�ab�Uty, This Security Instrument shap br governed by fedrral law and the law of the - �� �- � ��-��- �--� - � � �
<br /> � jurisdiction in wrhich the Property is tocated. In the event that any�rnv�sion or clause of this Secunty Instrument ut 1he '
<br /> Note eot�Aiets with�Dplieable law,such conAiat shall not affect other ps�v�sions of this Security instrument or the iVate
<br /> ahieh ran be pven offect without the r,�nlficting ptovision.To th�s'end thc prov�5�ons ui eh�s Secunty Instrumrnt and the
<br /> . , � Note are dect�red to be sever�ble. �
<br /> � 16. 8oetowef+s Co�y. Bornower s}���be gi�m nne canformcd c�py af the Note and�t th�s Srcunty Instrumrnt.
<br /> »• T����� �/lrtY ot a BeieSeW Iaterdt t� Borrower. If all nr nny part af the property or any �
<br /> . interat in it is sold or tnnsferred(ar if a txnefirial interest�n B�rrower�s�nld c►r uunsferred and&�rrawcc Rs eus a rratural
<br /> ptrson)withant I.endet's prior written constnt.Lrnder may.at its option,reyuire�mmediate�rayment m full nf e11 sums �
<br /> stcured by this Secutity Instrument. However.this optrnn sha�ll nat be exerct5cd by Lender if eaerase is prohibited by
<br /> federal bW at of the date of lhis Seciuily[nstrumcnt. '
<br />; If Leridrr eaercises Ihis option,Lender sh�ll give Houower aauce af acceleraUon.i'De aotice sl��11 pruvide s period � �
<br /> of not kss thm 30dsys from ihe date the notice is devvered ar ma�Ied withtn w�huh Bormwrr must pay aU sums secured by
<br /> this Security Instrumtn�.IPHorrower futs ta pay these surns pnor tu the expiratiun uf th�s peri�.l,rnArs may�v��J
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<br /> -� - ��ip►`'����f=��Y�se�oi�ittytnstr�mtntw�tTioutfunhernoticrordemandunF3arrower.
<br /> 1A•8en+s�er'a Rt�t to Retntate. If Borrowet t�ctts tena�n cnnd�►ums, �arrawer shall have the nght to havr � �
<br /> enforcement of this Serutity Instrument d�scontinueA at flny time pnar ati the e�arlier c,f.1a�5 days/or sueh pther penc�d as , �
<br /> applicable!aw may syecify for reinstatement)befare sale of the Nro � �
<br /> ' S�.ttiry Insttutnent;or(b)ent of a ud Pe►Y Pursuant tc�any�wer uf sale cantained in this
<br /> ! 1'S+ � gment enfotc�ng this 5ecurity In�trument ThcKe cond�tians gre�hat Borrawer:
<br /> � (a)p�ys Lertder all sums whieh then woutd be due under tAis Security Instrument and the tiote had no acceferat�on �
<br /> oeCUrred; (b)aures any dtfault o!ahy othtr covenants nr agreements: t'cl p�ys rill erprnses incurred�n rnforr�ng�hts ti
<br /> 9eeutiry lnstrument.instuding, but not l�mitett tv,rea,sonabte uttc�rneys' fees: and(d�[akes surh�ctsan as Lender may �
<br /> rtuonably teqttire ta assure that th�tien oP this 5ecutity Instrument, Lendee's r�ghts m the Ymperty and &�trewet's - �
<br /> oblig�tion te pay ti�e sums sceurtd by this Security Inserumen� shaU cunttnue u�schanged. U�n reinstatemtnt by �'�
<br /> Bottbwet�this 5ecunty Insttument attd the ubligateons secured he►rby shall remtan fully efitcnve ac�f no acrelergdon had
<br /> nccurted.Howeve��this right ta rtins�tc shal)nUt appl}�n the cesr c�f accelera�rrn under paragr�phs(;or 17 �.
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