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<br />9Q,_.105569
<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 />S. Inspection. lender or its agent may make reasonable entries upon and inspections of the Property. Lender
<br />shall give Borrower notice at the time ofor prior loan inspection specifying reasonable cause for the inspection.
<br />4. Condemaatinn. 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 he 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 />t 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 lender otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by
<br />the amount of the proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately
<br />before the taking. divided by (b) the fair market value of the Property immediately before the taking. Any balance shall be
<br />paid to Borrower
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to
<br />make an award or nettle a claim for damages, Borrower fails to respond to Leader within 30 days after the date the notice is
<br />given, Lender is authorta-ed to collect and apply the proceeds, at its option, either to restoration or repair of the Property or
<br />to thesumr secured by this Security Instrument, whether or not then due,
<br />t Inless lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or
<br />postpone the due dale of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments.
<br />10. Burrower Not Released; (Forbearance By Lender Not a Waiver. Extension of the time for payment or
<br />mo►clificafton of amortization of the »urns secured by this Security Instrument granted by Lender to any successor in
<br />interest of Iltirrower shall not operate to release the liability of the original Harrower or Borrower's successors in interest.
<br />Lender %hull not he required to eommen, a proceedings against any successor in interest or refuse to extend time for
<br />payment or othcrwllee modify amortization of the sums secured by this Security Instrument by reason of any demand made
<br />by theoriginal Ikrtrtower or lforrower'%successorsin interest. Any forhearuner by Lender in exercisingany right orremedy
<br />shall not be a waiver ofor preclude the exercise of any right or remedy
<br />11. Succeswxr and Assigns Bound; Joint and Several Mabilily; Co-slaners. The envenants and agreements of
<br />this Security Instrument %hall hind and benefit the successors and assigns of Lender and &irrower, subject to the provisions
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<br />i of paragraph 17 MorrtiNer's covenant+ and agrgemenl% shall he joint and several. Arty fi.►rrower who co -signs this security
<br />Instrument but disc+ nut execute the Note• (ai'c% co- signing this Security Instrument only to mortgage, grant and convey
<br />that Borrower'+imero•st Ili she Pro rt under the terms of thn Security Instrument: fhJ is not personally obligated lo pay
<br />1'e Y fc • Y g P' Y
<br />to
<br />the %unit. Kvurctl by tilt% kcunly lnstrumenr:.:nd (c) agrees that Lender and any other Borrower may agree tit extend.
<br />,
<br />modify. forhear (to snake any accommodations with regard to the terms of this Secunty Instrument or the Note without
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<br />i that Borrower'+conknt
<br />12. Lows Chaigea. if she loan secured by this Security Instrument I% subject to a law which sets maximum loan
<br />charge.• and that hew is finally interpreted tt) that the mtcrost .or other loan charge.•% collected or to be collteted ion
<br />connection with the loan oweed the permitted limits, then: (a) any such loan charge shall Ix reduced by the amount
<br />necessary to reJuve the charge to the permitted Irmw and (h) any sum+ already collected from Borrower which exceeded
<br />permitted linul% will he refunded so Otirrower Lender may chot►se to make this refund by reducing the principal owed
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<br />under she Note 4-r by making a direct payment to Wrrt -w•er If a refund reduces principal, If r reduction will he treated as a
<br />partial prepayment without any prepayment charge under the Note.
<br />13. Legislatlon ARectinit Loader's RiRltts. If enaonicul or expiration of applicable law% his the effect of
<br />rendering any prtoilmmi of the Mile or this Security Instrument unenforceable accordint to ms terms, 1 ender. at itsoption,
<br />may require immediate payment In full of all sums secured by shi, Secunty Instrument and may invoke any remedies
<br />permuted by paragraph Its If fender exercises, this option. lender shall iaeke the steps specified to the second paragraph of
<br />paragraph 17,
<br />14. Notices. Any notice t.► Itoerrower provided for in this Security Instrument shall Ili gnen by dehveringu or by
<br />mailing It by linl class marl onlr++ applicable law requires use of another method I he notice shall he directed to the
<br />Property Address ar any oilier addrv%% Iltorrower designates M notice to Lender. Any nonce to Lender shall he given by
<br />i first claw mail Ili Lender'%addres++tilcd herein orany other address I.enderdestgnales by nonce to Borrower. Am notice
<br />provided for us this Security Instrument +hall he deemed to b ae.+: been given to H ormwer or I ender when Revert as provided
<br />in this paragraph
<br />15. Guierning Law; SevPrabilily. I ht% Se uriiy In +ttka went shat l h. Fit%rn►ed ht tida•ral law and t he lax of the
<br />jurisdiction to which the I'ralcrty is located In the event that ant, provision or clause ot• this `iecur►ty Instrument or the
<br />+ Note confllrio, with apphr,ehle 1;4*. 4m. h , ,.o►l,_•t .i, --ti ..•,• .t!!.ct -•a•rr ; +ry i,ionN of this Sreurtly instrument of the time
<br />which call he green oilier wilhout the ranflrcting provision. 141 this end she prrn utt►m of this Security Instrument and the
<br />Note are dec laved to hr soil crabie
<br />16. Hormwer's Cop). 114 trtowcr %lull toe goers one cant; treoed, n, ^} �+e e3:. Note and of the, S.cu:ity I list nanoen,.
<br />17. Transfer of the Progwrly ter a Beneficial laterest in Rurrawier• l: a,)l or am part of the Property u7 ,any
<br />interest in It iv+idd or trao%fcrrcd lilt of a henelicial interest to llorretwer is sold ar transferred and Harrower is not a natural
<br />penon) without Under'+ prior wnllen .►w+cut. I ender may, at Its npuon, require immediate payment lit full of all suits
<br />secured by phi% %evurit) Insuumens 1114mcwt, lilt% opttan +hull not he exc►cised by Lender If citercise is prohibited M
<br />federal law as oftheudatetit this%Lcunst (H+srunicut
<br />If Lander e><eresse+ thi +optnni, I ender +hill Kne 1{e►rritwer nurncc of acceleration the nmwe shall provide a lvented
<br />of not less than all days front 1 he dale the notice i+ dchvrecd e►t mailed w tthm which Mirrowei tnu,t pay all sums soured by
<br />this Security In%truuirtil la 11titi awcr tall+ to pry thew +urns print to the expiratnoi td this period. I ender may Invoke any
<br />remediespermittt.•dhy thiNle•curuy Instrument cahoot lutshut notrce Air demand oil Harrower
<br />IB. Batrros►er's Right to RlinNatf. 11 Ili►rrowcr ntaels certain conditon+. Borrower shall hale the right p► have
<br />enforcement ofiht+5ecuray IuNlruntentdt+cannnucdar .6m) 11111• prior plrheearlia 4-l' fa) Sday +tot,uchothet lx•rot%li%
<br />L apphcahtc law may spe.if) for scimtatco vest t twime sale of she Property I,ursuant to ;any lotmet of sale consumed u► thus
<br />Security IlHtrurneut. ur Ili► eHtry ..I ,t pulgnu 4-1 • nb.rruig Ibis tic•. only ht,trumrnr 1 heir r,niehtu►n..in that H4-rre,wrr
<br />(a) pay+ Lelidcr all Nunn+ whtrh tfi'n would I►t• duo Model tilts SeLurmy Instrument aild thr A;ntr had no a:k clef arnt►a
<br />recurred, (h) cures any default of aHy office .►wrndw%,to .iguy-nec11ts ti I pay, ,ill rv;oen,c. lilt off nit cnlor.uig this
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<br />Seeurtly Invltuiuenl, utritidu►F,, still Hill htntlyd lo, te,i+onasdt• att,•eney . tee %..and v,fe t,afto ,urh at iron a. I (.n.let rtiav
<br />reammabi) requite tit assure; that she lien A tht+tic.utnv In+uunxnt, Lcndct" right, in the 1'rnl,s•tty .enet litttnmo s
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<br />obhgastoti ten pal file %alt%% Neltated h) this tie.umv Insfrunernt hall .ontuuu• un,•haiogrd 1'114-11 reuest.oenerni t.%
<br />Bo►rrowct, this tic. unty ImsituuH•Hl itself the 4-hltkd1lons ,ct uard lictchv +hall rcm,uH fully ctlrrlivr a. 11 nu a..clre,euoti had
<br />occurred How.,rr, Ilit%right to trtn+tale %limit ins ,tppl. u, 1114 tam • •1 n, . eh•t,wo11 undo par fe.1.el,h, I j of I'
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