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<br />9o.. 105385
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<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 />8. Isapnetton. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender
<br />WWI give Norrower notice at the time of or prior loan inspection specifying reasonable cause far the inspection.
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<br />9. Coadawtutka. The pirece,eds of any award or claim for damages, direct or consequential. in connection with
<br />aasy cardexaaation or other taken of any part of the Pr
<br />eft operty, or for conveyance in lieu of condemnation. arc hereby
<br />gird aludl �
<br />maigned plaid to Fender.
<br />In the event of a total taking of the Property, the proceeds shall be applied to the sums sugared by this Security
<br />Instrument, whether or not then due, with any excess paid to Borrower. In the event of a partial taking of the Property.
<br />unless Borrower and IA",kv otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by
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<br />the amount of the pmcmb multiplied by the following fraction: (a) the total amount of the sums secured immediately
<br />Wore the taking. divided by (b) the fair market value of the Property immediately before $be taking. Any balassce shall be
<br />paid to Borrower.
<br />If the Property its abandoned by Borrower• or if. after notice by Lender to Borrower that the ksoodemnor o fen to
<br />rifle an award or settle a ; Wm for damages. Borrower fails to respond to Lender within V days after the date the notice is
<br />dpren. Lender is authott ilx4 to collect and apply the proceeds, at its option, either to restoration or repair of the P'ropmy or
<br />to the sums secured by tlyti Security Instrument, whether or not then due.
<br />Unkaca Lender sadl.18orrower otherwise agree in writing. any applitattion of proceeds to principal shall not ea;j s-A or
<br />postpone the due date cO't 1,u monthly payments referred to in paragi aphs I and 2 or change the amm ar-. 4 such payments.
<br />It Borrower NW! Rakmij Fwboaraace By Lender Not a Waiver. Extension of the ¢env for payment or
<br />nut dilication of amortimaq,tutt of the sums secured by this Security Instrument granted by Lender to any successor in
<br />interest of Borrower shall not operate to release The liability of the original Borrower or Wrrower's succetosors in interest.
<br />Lender shall not be required to commence proceedings against any successor in inters- +t or ref4w to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Security Instrument by reason ,.VaLny demand made
<br />f
<br />by Abe original Borrower or Borrower's successor in interest Any forbearance by Lender to exercisin a ans, tight or remedy
<br />stt;W not be a waiver of or preclude the exercise of any right or remedy.
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<br />11. Seceatssom &W Asalgw Bosses/; Joint and Several Llabillty; Co- slgtten, The ctwenanm and agreements of
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<br />this Security Instrument shall bind and benefit the succormus, and assigns of I.ertder and Bft►rrpwer, %ulwo to the provrntons
<br />of paragraph 17. BorrovttePs covenants and agreements shall bejomt and several. Any Borrower who c o - -aQm this Security
<br />tea
<br />Instrument but does pink tt aacute the Note: (a) is co-signing this Security In %ligament only to mortgage. grant and convey
<br />that Borrower's interebr aq, ripe Property under the terms of this Security Instrument; (h) l4 n(t
<br />� Y y perstltlally obligated to pay
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<br />the sums secured by this Security Instrument; and (c) agrees that lender and any other A)rrower may agree to extend,
<br />modify. forbear or make any aucornnio iations with regard its the terms of this Security Instrument or the Note without
<br />that Borrower's consent.
<br />F;..
<br />I& Loan CUa ve. If the loan secured by Ihit, Security Instrument is subject Its a law which se,,% maximum loan
<br />charges, and that law i% finally interpreted so that the interest or other loan charges collected i1v ;, N collected in
<br />connection with the ban exceed the permitted limits, then: (a) any such loan charge %hall be reduced by the 4nveou+4t
<br />nmcmq to redact The charge to the permitted limit; and (b) any sums already collected from Borrower which +aazrrattrd
<br />permitted Iseaus will be refunded to Borrower. Lender may choose to make they refund by reducing the prinefpw' , wrc d
<br />under the Noteor by.maLaj a direct payment to Bormmer. If a refund reduces principal, the reduction will be treated as ai
<br />Partial prepaymant 1"r,L'a-144111y prelwymat charge under the Note.
<br />13. 1-111atiow Atltlltogu ag Laatisa s+ Arta. If enactment or expiration of applicable laws has the (alert of
<br />rendering ecru provision ofthe Note gtr►.'.us Security Instrument unenforceable according it, rt% terms, Lender, at its opluffl.
<br />may require immediate payment in full of all sums secured by this Security Inorumew and may invoke any remedies
<br />permitted by paragraph 19, If Fender etuercup this option. Lender "I take the steps spwnfieti In the w misrsd paragraph of
<br />1vaM#faph 17.
<br />Id. Nodeea. Any notux to Borrower provided tow to this Wuni) Instrument %hail he given E*v t:aebventog Al or by
<br />a
<br />mailing d by first claw mail unless appltcabk law require% use of another method the notice Aill he the
<br />Properly A44ress or any other address Borrower demolnutm by noose to Lender Any notice it) Lenderr shall f>` Slien by
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<br />tint class mail to Lcn( .-r's address stated herein or any tither address I.eatkr designates by not we v4 Ili- vnwver. Any notice
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<br />provided for in this Seaut-v ., Inwruaaent shall be deemed to have been green to fitorrnwer art Letukr when given as provided
<br />in this paragraph,
<br />,'Gbveraltag Law: Sev"'abllity, bills SKUrlly In %Irt meat %hall be jim crnnt S-, iWeral law and the law of the
<br />jurisdicei, +. which The Pr%tperty is located. In the event that any pnsvtsaxl or clau%r tw chi% Snunly In +trument or the
<br />'Xcue coftkt is with applicable law, such conflict shall not affect tither pro tiwor% of tht% Securlt) 1Rwrament or the Note
<br />wh;wh can be given eRec t attbout the conflicling provlslun. to this end the pr(s%owm% ttf Ihn SAurst) Latrument and the
<br />t
<br />Nate are declared to be stevrrable
<br />lie 9arrowW6 V4PY- fitlrn%wtrr shall be gs%en tare - trlfrtnnext tt+p) of the Nate anti if tht%!s urtty In,trarmeno
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<br />1 ?, ii;raasfsr d t1e Prr t>r ec a Bttaeflciat lataaw h Betrra,arp. If all t-► any peon of the Property ,> r Any
<br />t
<br />onion, tinzt ii-wid grornm erred for if a bendkim interest In Btttrower t% Mold or ItAtidferre+d And litsrnw►er r. nttt a natural
<br />person) without Lentiim's prier wntten %%onw al. lender may, at is ophtm, require rmrrtedrate payntrnr to full of all %um%
<br />%eeurW b} this Security Instrument However. this toosmin %lull not be exercised by Ixnder of tserct%e t% prolsrMted by
<br />federal law assof the date of this Securty Instrument
<br />If herder exercises this option. l ender shall govt Bevrower no it we of ar.elerM it, m The n +dice %hall prt•.rde a penod
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<br />of not less than .10 days from the date the notice w delvercd in rt►atled w tthuo is ht. It Wrrnwcr m" pug a oll •um% wr%ured by
<br />thus Secunty Instrument If Bowrower fails to pay fhese %um% prntr ht the ttplrAnttn tit flit% prist+d. 1 endter rrsav rn %tike any
<br />rtmedies permitted by ibis Security lnstruateaf W&IIIowl Nrthtr nt►tl.e tw tletnand two Kimmel
<br />18, DWmwar`s lftM to keiaatnt. If llornmer meets teriatn tamilluttm. Narrower %hall hn%c the right it, h:a%t
<br />enforcement of this Swuniy Instrtwrnelrt discontinued at any time prow to the earht► td' (a) 3 days for %tKh,other Mi d ear%
<br />applicable law may sjpWdy fist reav"Ict"ent) befirre vle off the Prttpert) punwnt to any power of %ale ct►ttatned sit thl%
<br />Security Instrumm, ttr Yb) entry tofa judgment enfiorong thl% Se%urtt> In%Irl,rrlent 1 hone v,$u1111i'm are c hat liutrowtr
<br />fa) pays Lender all sumit winch then would he due under IN% tievunly Instrument and the Note had nn atcelerauttn
<br />occurred; (b) cures any default of any ther covenant% or Agreement %, It I pays all e%jwnw% ntcurted n, enlort onto ohm
<br />A
<br />Scnuniy Instrument, including, but nett Itmtled W. reauottshk allorrtcy%' Irv% and till lake% %nth adhttn .a% I rndrl rroa)
<br />reakonahly res(utre to a %%ure that the Ikrt of IN% !se.uttt) Imlrurtttni. 1 ender'% tilthr% of the Pr,tprrt% and Ii,,rrt,Mrr'%
<br />(Msgalton too pay the rum% secured b) this 5cc-urll) In%trunlent %hall tt+nttnuc undhangrtl t lam retowaternent M
<br />ussrmtwet, Illn%munt) In%lrumrnt and 'fie tthltgauon%%mured hereh) %hall rrntatn lull% rflt%tt%r A% it not at%elerAtwit had
<br />toccurre d however, this nght to reot%tafe %hall not ajopl) to the. a%c ttf aa.elrrat,rn under I- Ar.tatr AId,% I I ,'f I •
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