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<br />If Lender required mortgage insurance as a of malting the loan secured by this Security Irmtrurnent.
<br />Borrower shall pay the premiums required to maintain for insurance in effect until such time as the requirement for the
<br />insurance terminates in accordance with Borrower's and Ltettder's written agreement or applicable law.
<br />l!. InspectimL Lender or its agent tray make rRaturnable entries upon and inspections of the Property. Lender
<br />shall,give Borrower notice at the time ofor prior to an. irispeeton specifying rea►sotnable cause for the inspection.
<br />9 Coedenaation. The proceeds of any award cat claim for damages, direct or consequential, in connection with
<br />any condemnation or other taking of any part of the Progcrty, 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, On proceeds shall be applied to the sums secured by this Security
<br />Instrument, whether or not then due, with any excess pai& to Borrower. In the event of a partiaS taking of the Property,
<br />unless Borrower and Lender otherwise agree in writing, t3te sums secured by this Security- Instrument shall be reduced by
<br />the amount of the proceeds multiplied by the falliswintl•;fraction: (a) the total amount of the sums secured immediately
<br />before the taking, divided by (b) the fair. market vslue:aftke Property immediately before t4r.. ;rid... Any balance shall be
<br />paid to E_Orr z .
<br />If the Fr rgwmy its ft2ndoned by Borrcwet;s.�rif after notice by Lender to Borrow;~ zh -4'ihe as demnor offers to
<br />make an a ikO. ry settle piait for domes, - Uoi "—wl' s-to respond to Lender with -._ 56 �j•s after 6rdate the notice is
<br />given, Lendi�its4. horiz 'to c4l:ixt utst i ply tLe i3 r3, �t: i <s option, either to rest cigri or re�iait= of the Prea, t} or
<br />to the surns`se criiedl+y this Security. L W'ii ,ntent, weer ei:rrcrt then due.
<br />UnlesiLender and Garsower.uitt, rwise agie - imwriting. any appficarii.-si of proceetb �o princit % %14. 1 not c*-hd or
<br />postpone the due date of dhn- monthly pa3iments to in paragraphs i , .Fits 2 or change the anio -4ta!e such. payments.
<br />10. Borrower INieased; "P*kbeu&km i3_ Lender Not, a t F ate ltd Extensit n of the iim,c 'fov ' cLytnent or
<br />modification t ; atnonizac on of the zillxr& : 4ecgt'er . this Serui7ty. Instr. „ent granteti ,,ky. Lender to any, c
<br />sjwer ire
<br />interest of Sorioa er shall not operate, its ar ieasq t lability of the original Borrower of 7.3drower's successars•m . —tst.
<br />L_.nder shall not be required to commence pracedings against any $u-W*, r in ref 4i aia extend tt. lc for
<br />pkvment or otherwise modify amortization of the sums secured by this Sectmt ni. anstruzn, 4i0y reason oTany demand made
<br />by;the original Borrower or Borrowers successors in iinr.F:rast. Any forbear- =L•j Len.l,��.'n zxercisingany right or remedy
<br />shall not be a waiver ofor preclude the exercise of any right or remedy.
<br />11. Successors and Assigns Bound; Joint and Several Liability; Co-signers. The covenants and agreements of
<br />this Security Instrument shall bind and benefit the succes. ,zrs and assigns of Lender and Borrower, subject to the provisions
<br />of paragraph 17. Borrower's covenant~ and agreenten.rs sltizll be joint and several. Any Borrower who co-signs this Security
<br />instrument but does not execute the Note: (a) fit co- signing this Security Instrument only to mortgage, grant and convey
<br />that Borrow•ei s interest in the Property under the te"isof this Security Instrument; (b) is not personally obligated to pay
<br />the sums secured by this Security instrument, and (c? agrees that Lender and Any other Borrower may agree to extend.
<br />modify. forbear or make any accommodations wit:n regard to the terms of this Security Instrument or the Note without
<br />that Borrower'scornscnt.
<br />12. Loan Charges. If the bran secured hy gnat- Security Instrument is subject toa law wh:chsets maximum loan
<br />charges, and that law is finally interpreted so gnat Oe interest or other loan charges collected or to be collected in
<br />connection with the loan exceed the pernnucd+ lunncef „then: (a) any such loan charge shalt he reduced by the amount
<br />necessary to reduce the charge to the F crmir•!,sd iimir, and (h) any sums already collected from Borrower which exceeded
<br />permitted limits will be refunded to Borrower. Lendite may choose to make this refund by reducing the principal owed
<br />under the Note or by making a direct payment to &wr .-ever. If a refund reduces principal, the reduction will be treated as a
<br />partial prepayment Without any prepayment charp! under the Note.
<br />15. UWslation Affecting Lender's Rights. If enactment or expiration of applicable laws has the effect of
<br />rendering any provision of the Nnte or this Security Lutrumcni unenforceable according to its terms. Lender, at its option,
<br />may require immediate payment in full of all sunisi !secured by this Securer~ Instrument and may invoke any remedies
<br />permitted by paragraph 14. If [ender exeret!^ thin option, Lender shall take t,hc steps specified to the second paragraph of
<br />paragraph 17.
<br />14. Notices. Any notice its Ilorrim er prow ±dcd for to IIrr, Security instrument sbalt be given by delivering it orby
<br />mailing it by first class mail unless applicable lain requires use of anotlict, method. The notice shall be directed to the
<br />Property Address or any other address Ecrrowdr dt signates by notice to Lender. Any notice to Lender shall he given by
<br />first class mail to Lender's,address stated Iteveiu•arany other address Lender designates by notice to Borrower. Any notice
<br />provided for in thisSecurity instrument shullibe deemed to have luxn green u t Borrower or Lender when given as provided
<br />in this paragraph.
<br />15. Governing Law; Sevefabli ty.• This Security Instrument shall the go%enred by federal law and the law of the;
<br />jurisdiction in which the Property is locatW. In the event that any provision or clause of this Security Instrument or the
<br />Note conflicts with applicable taw, such conflict shall not affect other provisions of this Security Instrument or the dote
<br />which can be given effect without the conflicting provision. To this end the pro%istuns of tins Security Instrument and the;
<br />Note are declared to be severable.
<br />16. Borrower's Coley. Borrower shall be given (roe conformed copy of the Note and of this Security hritrunun:
<br />17. Traaster of tie Property or a Beneficial interest in Borrower. U all or any part of the Property,or any
<br />interest in it is sold or transferred (or if a bcmeficial interest in Bc rroucr is tier ur transferred and Borrower is not a natural
<br />person) without Lender's prior written consent. Lender may. ar. its (,pet vn, reywre immediate payment in full of all sums
<br />secured'by this Security Instrument. However, this option shed' not he exercised by Lender if exercise is prohiNted by
<br />federal law as of the date of this Security Instrument.
<br />If Lcnder exercises this option, Lender shall give Borrower nutice of a celeration. Y tic notice Miah provide a penuts
<br />of nut less than 30 days from the date the notice is delivered or mailed owliin Mach Bor rower rnw t pay all sums m- %.ured by
<br />this Security Instrument. If Borrower fails to pay these sums prn(nr tri the expiration u ths, pern,d. Fender may Invoke any
<br />remedies permitted by this Security instrument without further nufice or demand un Borrower
<br />18. Dwrowees Riot to Reinstate. if Borrower meets certain cemditx :sn4 :. Borrower shall hate the right to base
<br />enforcement of this Secunty instrument discontinued at anytime prior r(- the earlier, 4 tan 5 days ((Li- .mein i0ict I eti. id w*
<br />applicable la+r may specify for reinstatement) before sale of the Prvperty parw:tnt its am, po%Lr of .t&6 wuitmitcd I: iht,.
<br />Security Instrument, or (b) entry of a judgment enforcing this Security Instmn;oit 1 h.r.(• #.ondititgns are if-a: lsfnit r Acr
<br />(a) pays Lender all iuius which then we,uld be due under this Seturii,. ir.srrunsent .inn! :ht *(.tc had w.,
<br />oc :urred. (bi curs any dc(ault of any caller covenants or agrtemcnis, ici ; ays all e tpvw c% a mirwit in cuct,! iii Oa4
<br />scs.urny 111mrulnuiit, including, but not 11nttted t t. reastrnable mts mss fCrr. and sr}r t•iwt- • YJ: tot.-n ,a I circler ~tray
<br />rcaut`tjfdy et4uir, ts• as(.Ure that the lien of thm Scturity Instrunt, :w. I.crr.icr'> rigfif, it': the I'rfe,•lrt% .Iii. Ili :r! •.*C(
<br />ohligatt:.n ro Fray tht• sari~. %cmured try this Iwuurify Ins!ruttr_It .hall t,�ntrt ” .fu.laini.I'd V0101.1411
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<br />Fi,rrei•uet. t'.ita S �usit} Insttutnent and the (uhlsgatinm,4e.�ur
<br />K(utte =.) F1:. weert.~ liter ~ghee,teitt,l7leshaiiri +ttippl }~.~ells.* f.,'.' ..st; -ar :. c,i.;� ..t •;i_r.tf;.;' t
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