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<br />If lender required tmvstgage insurance as a conlficien Itf• making tl'tit lean secured by this , O.; en
<br />Borrower s1i &PW tine ptettnlums required to maintain the insurance in effect until such time as the`xTgy xi ; [,for the
<br />insuraticetftminatesfiia ci; ordurieewithrBorrower' sandtender' swritttnagreertientorapplit `ablelaR,
<br />8. Iiei ioit. Lender or.its agent [nay make reasonable entries a7ion and inspections oIt
<br />dtall givebi over notice at the time of or prior to an inspection specifying reasonable cause for the f ?at
<br />9. Condemnation. The proceeds of any award or claim for damages, direct or cunsequentiak',
<br />condemnation or other taking of any part of:tbe Property. or for conveyance in lieu of condea>r°s2vixn,'ax;..::
<br />ec5 and shall be paid to Lender.
<br />event of a total taking of the Property; the proceeds shall be applied to the sums secut�::y tl'Secur.
<br />1-0vuMera., whether or not then due, with any excess paid to Borrower, in the event of a partial d t��.3'roper�;;:•;. _;;:
<br />i+ower and Lender otherwise agree in writing, the sums secured by this Security Instrumena :.Gi iiucetl its:;;.'
<br />2�lre.amount of the proceeds multiplied by the following fraction: (a) the total amount of the sums sie ii it iatetcy4 :;
<br />iC Qfe the taking, divided by (b) the fair market value of the Property immediately before the taking. Arty lb "� s�talh tt.
<br />plod to Borrowet.
<br />lithe Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the c 3eaiz*x' gffers rlj:.:..;
<br />`ieit*tki: an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the 5s : fte >-.�t� ►s`
<br />given, lender is authorized to collect and apply the proceeds, at its option, either to restoration or repair of Ot:fliiiti? ,
<br />the sums secured by this Security Instrument, whether or not then due.
<br />Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shalld' .
<br />�'stpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such^: ipa : �'is;
<br />10. Borrower Not Released; Forbearance By Lender Not a 1Paiver. Extension of the time for Pa37drx
<br />mt±c ?cation of amortization of the sums secured by this Security Instrument granted by Lender to any s,� ,Cr so :u
<br />u;,;t� of 1aMTower shall not operate to release the liability of the original Borrower or Borrower's successors -paiir se.� ;:
<br />not be required to commence proceedings against any successor in interest or refuse to extef:4.100= . s.'w
<br />: e> i * +at ,trwisa modify amortization of the sums secured by this Security Instrument by reason of any den< . s� inax4!
<br />ttr p-1 lyztwer or Borrower's successors in interest. Any forbearance by Lender in exercising any right or reify
<br />,,ka�tl nclf.itae;+r^tit i.!�zif or preclude the exercise of any right or remedy. `
<br />L)lo;: ;ssfad Aesigfs Bound; Joint and Several Liability; Cosigners. The covenants and agreements elf.':.':
<br />this $eL1!r y, heiinwM— i shall bind and benefit the successors and assigns of lender and Borrower, subject to the provision
<br />t f paragca '� 7. Scrg43wer's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security
<br />Xmtrument but does not execute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and conveGi
<br />that Bormwer's interest in the Property under the terms of this Security Instrument; (h) is not personally obligated to p;ag.
<br />t?te sums wcured by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extenlsl..
<br />. 'modify, forbear or make any accommodations with regard to the terms rlf this Security Instrument or the Note witho! r
<br />that Borrower's consent.
<br />12. Loan Cbai ges. If the iti a-� seet:red by this Security Instrument is subject to a law which sets maximum loans
<br />charges. and that law is finally :r�:r cc eu' so that the interest or other loan charges collected or to be collected 6.%
<br />connection with the loan exceed the per_ er,.td limits, then: (a) any such loan charge shall be reduced by the amount
<br />necessary cis educe the charge to the permitted limit-, and (b) any sums already collected from Borrower which exceeded
<br />permitted= l;;!av:,s w'.'; x refunded to Borrower. Lender may choose to make this refund by reducing the principal owed
<br />etnt: er the t4 ,es, cr l� . iw i —ing a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a .
<br />ire; tial rra�;y�: ut any prepayment charge under the Note. —
<br />L'3f. f t2�gftCita Affecting Lelnder's Rlgbtr:. If enactment or expiration of applicable laws has the effect of —
<br />rendering any provifwn of the Note or this Security lnstr,:r. tent unenforceable according to its terms. lender, at its option, +, '
<br />i.m.ay require immedi&Ist f:ayment in full of all si"ms ,c",rzd by this Security Instrument and inlay invoke any remedies
<br />yw matted by paragrnplt,1,4 if Lender exercises' :s option. Lender shall take the steps specified in the second paragraph of
<br />p=aragraph 17.
<br />;4 uf`. Au? nc!i;� •t.-r Borrower provided for in this Security Instrument shall he given by delivering it or by
<br />mailing Ir: Ly ua'. ss applicable law requires use of another method. 'I he notice shall be directed to the
<br />Property art .,j other address Borrower designates by notice to Lender. Any notice it) Lender shall he given by
<br />first class mail to [ 3ifi % address stated herein or any other address Lender designates by nlrtice to Borrower. Any notice
<br />1 provided for in thi, ,$tt:iir:7y Instrument shall be deemed to have been given to harrower or Lender when given as provided
<br />in this paragraph.
<br />15. Governi*g+Law; rtercr*IIity. Phis Security instrument shall be governed by fcdcral law and the law of the
<br />Jurisdiction in which tftx PropeM' is located. In the event that any provision or clause of this Secunty Instrument ur the
<br />Note conflicts with r nifii:able law, such conflict shall. not affect other provtsiem5 of this Se�curh y Instnnnrnt or ills, Note
<br />which can be gieei� .if+iut �withoat the confl ;ctmg provsion. To this end life provi,,ions of tilts Smartly Instrument and the
<br />Note are 4e^.iar�� r+:� l:e 3evtrablP.
<br />t?A: ,191t4ttrtvwtte's copy.. ' 6;,t�r- — �lt.a :; be given one conformed copy (if ttic Note and of this. tint only lustrunfeot
<br />17. Tri"K -r•r�f the (v1*tr tx a Rtneficial Interest in Borrower. If all or .Illy part of the I'm1wrty or any
<br />interest in it is sold Ja hes::r -.zial interest in Burrower ti wild ar tramfetrcil and Not rd+wer is 8101 it natural
<br />person) without LendL s �siur, csrte:�n consent. Lender may, at its op ion. require immediate lanyntcnl nr lull (if all sums
<br />secured by this Security Instrumr: ,. However, this option shall not he exerclud II} 1 coder if cxerci,r to prohlhatd by
<br />foderal law as of the date of thiOtA: t4.nty Instrument.
<br />if Lender exercises IN Lender shall give Borrower notice of tie celerano11 1 lit- n+,titr 0r.ill pr+ti sale •I period
<br />of not less than 30 days from t e,::ate the notice is delivered or matted within w hu h Narrower uWst 11,1V all 14111 V, sct 1114•41 by i
<br />this Sxurs:y C.mtrument_ If llorr'ower fails to p,ty these suins prior to the expiration o) Ilus 11t•I loll, I 'Ault r otao 111,11kc .oly
<br />remedies permitted by this Security Instrument without further"' Itice or demand "Oh" rt,wci
<br />16. Borrower's Rigltttr, >ieinstate. if Bi irrewer nfeevi certain contlitnills. Itorrnwer A1,111 11.1kc fF+c l it'll[ t,+ llmx
<br />L enforcement Of this Security 1!1s47::ment discontinued at any tittle prior 111 the car lwr (if tat t; dar, l+lr rut h „ I lIvI (•1•In "+1 a'
<br />applicable law may specify for reinstatement) bcfure sale C)f the Property puraumil t+, ails t'i'nt'► lit �.al+ . i'ut ulc..f ur rill,
<br />S. sit =Xi'ty lnstru.'r ti t,, icr (b) entry of a judgment enforcing this, Sec urity 1n,tr tunellt t h+r,c + +u tlnile l ,nt Ili- if Il: ni +tip►+ i
<br />(afi p x;s which then would he due• udder tilt% 5ecuitty 11M,un,cnt ;uttl ihr y+ +tt h,nl + +n •+..rlci.tttoo
<br />Ir:cillz'e�.• ua,'��C!`ftf4ny default of any other covenants or 6agrecment4. Icl E x". all ett:: ++�e ti ill,•lilIcd 11+ CI+t„fk 111P lo'.
<br />Smufw.5 ! %_�::J � Including, but not limited lo, tcasunable altornt% I. CC- .dill fit) t•lkct ,�!ktr ,t. 11,111 .1, I ••11:1(1 ttsaly i
<br />reaisrn;tL1;;:: ti3y it lc'" i assure that the lien (if this Security Instrument. I (-Mier t r11!111•, ti, ihi• lit. -pi +t, .110 If tlrN�t kr. Q .1.
<br />1110 71.11i1S,CLared by tills Sicolrify 111'attlllicill ,hail U,r,Ute[W tilt, li.Itr1, -f ( 1', U 1•. III ,:.11+st�"t+t t,L
<br />Ct�rr•Iwer.zE.;,ir(tialsi I atrumenrandthe( ibl igationssectiled11-0,,.01.11111 11, 0', 1,-It, . i1 r+. r., : +! I+ , L 1.+:1•.: +, I,.ul
<br />occurred Ilawever. thla right to teinsfale shalt not apply In i he u it t, + .'1,t.. i � • .
<br />1.
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