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<br />go.— 106719
<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 />g. Iapeetion. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender
<br />shall give Borrower notice at the time of or prior loan inspection specifying reasonable cause for the inspection.
<br />9. Coadtnsaatim. 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 be 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 />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 suers 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) tote fear artarket value of ike p open' immediately liedar c 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 settle a claim for damages. Borrower faits to respond to Lender within 30 days after the date the notice is
<br />given, Lender is autborized to collect and apply the proceeds, at its option, either to restoration or repair of the Property or
<br />to the sutras secured by this Security Instrument, whether or not theca dice.
<br />m>I , Lander aged" Borrower r hamise agree in writing grog ;a a3icttciam of prc.'ee'ds rcr pnii- -i7a) ciat not extend or
<br />pMt V., Osr The,&m date 0Fahe muraialMW tpay W. M tlS• nccM0a a(, nit ,patt�craPhs , a, a, - .,r cU *ea ; he aln sD iI atf ,,ae4 pay 5-
<br />I& Ownwc Not ReAviet ice My Il=fvr Nat a Wafiwer. Extar..sl n of The I=, C -fm- Pa5r=" t)r
<br />,madifi=linta ef ammaatrizzz-ziom off rAe 9MM xerwmad kv dis SecuTit!; lmstramas<t ggmmpeif br l.,inar. r, art' =oassar in
<br />n1west (of i¢mrT a:c seal} m zee Opztt'aiyr ttJ' Teter r,(lae U ialri 1;try OT The ztigittiaC 1 cop' wer vTr UlialM34.T''s svzzmi:c d rin inardmas't.
<br />Undim, s)WI twat Poe maq4ved iaa romizince proceedings agk.�tsT any sera: m-ir .in atzl, rr of %,'= In YAIWJil f6mte *%T
<br />nil cr
<br />payinena ca c'*=mi= ��y a�rzisn of the sums secured tbs -J o s Sc-ct� ln,14',M cecu �s 3%-M .y, -
<br />by the original Borrower or Borrower's successors in interest. Auyt 6 rt4era=.e F1N Leader in exemising any right or remedy
<br />shall not be a waiver of or preclude the exercise of any right or remedy.
<br />11. Successors and Asdps Bound; Joint and Several Liability; Co- signers. The covenants and agreements of
<br />this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions
<br />of paragraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security
<br />Instrument but does not execute the Note: (a) is co- signing this Security Instrument only to mortgage, grant and convey
<br />that Borrower's interest in the Property under the terms of 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 a -iy accommodations with regard to the terms of this Security Instrument or the Note without
<br />that Borrower's consent.
<br />12. Lora Charges. if the loan secured by this Security Instrument is subject to a law which sets maximum loan
<br />charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in
<br />connection with the loan exceed the permitted limits. then: (a) any such loan charge shall be reduced by the amount
<br />necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded
<br />permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed
<br />under the Note or by making a direct payment to Borrower. if a refund reduces principal, the reduction will be treated as a
<br />partial prepayment without any prepayment charge under the Note.
<br />13. Legislation Affecting Leader's Rights. If enactment or expiration of applicable laws has the effect of
<br />rendering any provision of the Note or this Security Instrument unenforceable according to its terms, Lender, at its option,
<br />may require immediate payment in full of all sums secured by this Security Instrument and may invoke any remedies
<br />permitted 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 provided for in this Security Instrument shall be given by delivering it or by
<br />mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the
<br />Property Address or any other address Borrower designates by notice to Lender. Any notice to lender shall be given by
<br />first class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice
<br />provided'for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided
<br />in this paragraph.
<br />15. Ggjerning Law, Severability. This Security Instrument shall be governed by federal law and the law of the
<br />jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the
<br />Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note
<br />which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the
<br />Note are declared to be severable.
<br />16. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument.
<br />17. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any
<br />interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural
<br />person) without Lender's prior written consent, Lender may. at its option. require immediate payment in full of all sums
<br />secured by this Security Instrument. However. this option shall not be exercised by Lender if exercise is prohibited by
<br />federal law as of the date of this Security Instrument.
<br />If Lender exercises this option. Lender shall give Borrower notice of acceleration. The notice shall provide a period
<br />of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by
<br />this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period. Lender may invoke any
<br />remedies permitted by this Security Instrument without further notice or demand on Borrower.
<br />18. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have
<br />enforcement of this Security Instrument discontinued at any time prior to the earlier of (a) S days (or such other period as
<br />applicable law may specify for reinstatement), before sale of the Property pursuant to any power of We contained in this
<br />Security Instrument; or (b) entry of a judgment enforcing this security Dr,x' .=ent. Those conditions are that Borrower:
<br />(Q. pigs Lender all sutras which tltea would be due render rhi.1_ wurtry. Cs�y.�ument 2rui the 7.90tc Lead na acceleration
<br />=urreE. (1s) cures any defauft of any other covenants or agrm -M. M. , t'c r. pL5;S ale• erp e,2r s incurred in enforcing this
<br />Sienvd-.\y Taatrumeat, includrn;& L-tvt mot ltmctef m, rewortahl:e vtrxvte :s' *D.; ;: it 6Sa �r -ei, _ui rt. ai.-iiira•,as Lender may
<br />cr�adtbEy �requue r.�3• assure r.Li;^rt'. d - W:en [�6 d-6 �Sxusit5i: L•nsts^u:tttr_s�t. erif 's rrglsr crz rlsce Ltin ere .tu,3 IIarrawer'y
<br />-OlW uloni to pay trio stu, i sacwred f%.4 tivi$ S =1=.5f •lttsm&reeu: $EuEr, z_i:tt1'male uact't vgeet. C "pan ran-tuti:mmtt by
<br />Rorrczar. this Ser=Dry last'l umeaL' Int i Stz CU-;6P11:41 ierurrail [r�°relsp sl�,:ll rert7 im fiilJ y xt rue: .if �3.n r,�:eleranau, ii i
<br />Dien rrer .However, this right !a n a.e shall not apply e i, i iTe.t e of acceieranan uc aer- rrs agrsohs i'3 dr IT.'
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