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} If Lender required mortgage insurance as a conidition of making the loan secured 'by this Security Instrument,
<br />Borrower shat! pay Me premiums requited to rnainta -:a the insurance i rt_ effect until such-time as the requirement for the
<br />insurance terminates in accordance with BorrovFee's aad Lender b written agreement or applicable taw.
<br />A Mipaetiorr. Lender or its agent may make reasp¢ able entries upon and inspections of the, Property. Lender,
<br />shalt groe-Bonmwer noticeat the truce of or prier
<br />t62 air i Qrt speeityfing reasttnabte cause far the in on
<br />A Ciorrdeeansfam The proceedsofanyawatdcr claim for darh ages. director consequential- in connection with
<br />any condemnation or tither taking of any part of the Property. or for conveyance in i +eu of condemnation, are hereby
<br />assigned and shalt be paid to Lender.
<br />s: J in the event of a tote! taking of the Property, the proceeds shall be applied to the sums secured by this Security
<br />j Instrument: whedw or not then due. with any excess paid to Borrower. to the event of a partial taking of the Property,
<br />unless+ 8orrowerandLenderottterwiseagreeinwritirig. thesumssecciredbythi sSecurity Instrument shall bereducedby
<br />the amount . of the proceeds multiplied by the following.fraction: (a) the total arnaunt of the sums secured immediately
<br />beforethetaking, divided by (b) thefair marketvafueof the Property immediatety before thetaking. Any batanceshall be
<br />paid to Borrower_
<br />_ tt the Property is abandoned try Borrower. or if, after notice by,Lender to Borrower that the candemnor offers to
<br />make an awarder settle a claim fordamages. Borrower faits to respond to �ertder within 3a days after the date the notice is
<br />given; Lender isauthorized to collect and apply the proceeds. at its option, either to restoration or repair of theProperty or
<br />i to the sums secured by this Security tnstrurnent. whether or not then due -
<br />:_- _ - -. -- = =tirrteS,sEe>TRerarsoa agr�rri�vrrirrr�artyappttcatrCSrt- otpratd�n�E�aT�tfalt�tr�x- tgrt3or
<br />postponethe duedateof the monthly payments referred to in paragraphs? and2 or change the amount of such payments.
<br />10. selrroswar OW RaMwit Forbearance By lender Not a Waiter_ Extension of the time for payment or
<br />modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in
<br />interestof Sorrowershall notoperateto reteasethe liability oftheoriginal Borrower or Borrowerrssuccessomin interest:
<br />s Lender shall not be iequired to commence proceedings against any successor in interest or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand
<br />I
<br />madebythe rigirtal aorrowerair Borrower'ssuccessers in interest- Any forbearance by Lender inexercising any right or
<br />remedy shall not be a waiver of or prectude the exercise of any right or remedy.
<br />11. SucessorsandAssignsBounttJ ointand Several Liabitity;Co- signers. The covenants and agreements ofthis
<br />Security Instrument shall bind and berr -efit the successors and assigns of Lender and Borrower. subject to the provisions
<br />of paragraph 17 Borrowers covenants and agreements shall be joint and several. Any Borrower who co -signs this
<br />Security Instrument but does not executetheNote (al is cc-signing this 5ecuravInstru merit only to mortgage. grantand
<br />convey that Borrower's interest in the Property un derthe terms of this Secun ty to strum ent (b t is not personally obligated
<br />_. to pay the sums secured by this Security Instrument. and (c) agrees that Lender and any other Borrower may agree ta
<br />extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Mote
<br />without that Borrower's consent
<br />1Z, Loan Charges. it the roan secured by this Securtty instrument is subject to a lave which sets maximum loan
<br />charges,.and that law is finally interpreted so that the interest or other loan charges_coliected or to he collected: in
<br />eonnectioiT wah the loan exceed the premitted limits then (a) any such loan charge snail be redt,ced by the amount
<br />necessary to reduce the charge to. the permitted l mit andtb) an, ysumsatreadi collected from Borrowervi 'hicheAceeded
<br />permitted limits will be refunded to Borrower Lender may ChoOSe to make this refund hi reducing the principal owed
<br />under the Note orbymakinga direct paymenttol3orrorser Ifarefundreducesprincipal thereductionwillhetreatedasa
<br />partial prepayment without any prepayment charge under the Mote
<br />13_ tegfsiationAffeetingLenderstiights. I! enactment oreApirationofapp: tcablela vus has the effect ofrendering
<br />any provisions of the Note or this Security Instrument unenfo ^ceable according to its terms Lender at is option may
<br />require immediate payment in fui l ofali sums securedby this Security instritrnent and may in woke any remedies permuted
<br />by paragraph 19. If Lender exercises this option. Lender shall take the steps specified in the second paragraph of
<br />paragraph 17
<br />14. Notices. Any notice to Borrower prov Sed for in this Sertirity instrument sh.0 be given b, del,vering it or by
<br />maiiing it by first class matt unless applicanie lava requires usF of an ,rner rrefhod The notire Shall lie d,rectect to the
<br />Property Address or any other address Borrower designates by notice fo L end.•r Any rot,ce to Lender shall be ,grRrT by
<br />first class mail to lender saddresG stated herein or anyother address Lender rfesign.ares by notice to Borro -juer Any not! .e
<br />provided for in this Security Instrument shall bedeemed to have been g: ten to Borrower or Lender .then Miter as provided
<br />in this paragraph
<br />15. Governing Law: Severabitity. This Security Instrument sna!I k:c gove•rnea by fedaral la i and the lan of the
<br />jurisdiction in which the Property is located Fn the Brent that ar,i provision pr ,!,1 ,se .;t this Sacunty Instrument or the
<br />Noteconflicts.v'nth applicableia.v. such con fIIctshail nUtaffectother prO•nS'un'- of V1.5 SF'curvty Instrurrentor the Note
<br />Which can begiveneffecty itthouttheConflict,ngprr;uston T�ihi} er. t! ihHl: rne; tvr.; ofth,;S(C:rrtytn;TrrimantandthF _
<br />Note are declared to be severable
<br />16. Borrower's Copy. gprr0wersha!I beg.1ER ��nE *rq�f�r�..,j caG'J ur,th• Fd atr..i 1 j Qf !hr9 S�:curt!y InStrurrtunt
<br />17. Transferof the Property or a Benef iciat Interest in Borrower. itr,'.r,rr: nip, trrrtrnFPruwNrtyorinfirrtr�sr,n
<br />' :t is sold or'transterred (Gtr if.a beneficial interest in SorroNe_ r is sold or h•ari5! =:rrud and Bo•rGtr r iS not a natural pericrii
<br />without Lender's pnor written consent Lenderma,r m ifsoprnrrn 'n?q;�r,.rntm:rt.ti:,,t�rr,ort •:t.,ltr;ta!ISttm , securedbr
<br />this Securtty Instrument However. this option shall not he ex-erc ised bit Lender rfeAF:rcise is proh b tad 0 j fecleral laruas of .
<br />the date of this SFcunty instrument
<br />If Lender exercises this option, i, enoersnal igireB6rro 'NPrnoticeara-, ce ;S•ration The n.)nce snail Provide aPeriod
<br />of not less triarr30 dais from the date; ttle notice is delivered or mailed •r, :tnm •,vn cr Borr;7•r Fr must pa/ a!'. sums se-c( i red by
<br />thisSecuri *.f instrument if 6orrorJerfallstO paythdSeSUmS tar gr to the expirat-on or tn„ period !.ender rr,af'rvjtEean'y
<br />remedies permitted by this Security Instrt,mentwithou! further notice or demand on Borrovv =r
<br />ft3. Borrower's Right taReinstate. !f HorraN °t• t- re'ets cert -I,n tend !ion, Scirr]Nt r st a l na,8lrF ; ^i t') n,3 "re
<br />enforcementofthisSecuritylnstrumentdisc% ntinu. ,�da-Ianyf:rneprortotheear; a` Ta'Sd:ry >(ors;, npin.'r;e•n;rla4
<br />applicable taw rfia i sve cifr for rein;tatemeritl 6efare fe of fine Pioceri [ ou,suan[ L^ an 1 co'r4a-r of safe cant :red in th.�
<br />tS•eeur�ty Instrument. or (o) entry�faludgr*G�aenforc�ngtn�s Security tr.3tr;,rr.er.! Tr'O ;r Crud lion ;,;rc,• IhaT g._,rr:,,rf� r f �; '
<br />pays Lender all surrswhictrthenvudu!dbed eund= rth:3Sec ^ il, rin3t ^u^ynt „rdtle%�olehadn7dCC °I rat•Uncct. -Jrred
<br />fb'j cures any default of any ot(Ter covenant5 or ]3r:ierrPrt i rC! -i3 s ii:l In vrt .Drr,^y this
<br />Instrument ir'clurji ^3 Inu! ro! 1i m t -21 to. reasona Lrl e altovne:.is fees 1n-d r y a3 LI'Wvl ,r r••, r5.3 i,ar.3rl y
<br />require to assure tna'. the lien oftmsSecu'i!Vtnsr.r;irYten! Len%;3(srirgr.t3:ntcaWrCi,.t2r; _'^ nr_,',•3.�':: r.±��,�
<br />.Na sums secured Sec ❑n
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<br />insiteumerir arid the -on'i _i::yr5s2vi:r .h�rrC,f5n5 ?1'.•r1- -. f.jl,�
<br />rhij r qn GF, ii: In ii;SA -1 'n fr'r_ (f - �_ =i:.r. :jF jr, u ° J•_r Cj'_,_ `1C `-7 =.
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