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<br />- 10526IN
<br />t' If Lender required mortgage insurance as a condition of making the Ian secured by this. Security instrument,
<br />Borrower shall pay the prwniuttts required to maintain the insurance in effect until such tinw, s:t the requirement for the
<br />insuraneetermirtatesin smordancirwitis BosrasrWit OW LendWs writtetr agreement or agg&aW- t
<br />;< & aasgsedea. Lender or its agent may make reasonable entries upon and iasp _ii,a'h,,c+f.t_he_Prcmrrty.- Lender
<br />9, Gndwastion, The proceeds of any award or claim for damages, direct w ccemgw.6 ill, in eonnaetion with
<br />any Condemnation or other taking of any part of the Property. or for conveyance in liens off'cmdannation, are hereby
<br />aadgtied at+d shOtbe plod to Lender.
<br />In'the event of a total taking of the Property. the proceeds shall be applied to the sums'sccured by this Security
<br />instrument. whether or not then due, with any excess paid to Borrower. In the event ct'a, Farr' taking of the Property.
<br />unkss Borrower and Lender otherwise agree in writing, the sums secured by this Security ItOrument shall be reduced by
<br />the' amount of the proceeds multiplied by the following fraction (a) the total amunt of the sums secured immediately
<br />before the taking, divided by (b) the fair market value of the Property immediately before Oc taking. Any balance shall be
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Bwcwer that the condemnor ofi'en to
<br />E . make sot award or settle a claim for damages. Borrower fails to respond to Lender w'irVit, 3 iciays after the due the notice is
<br />i gives, Lender is authorized to collect and apply the proceeds, at its option, either tc restoration or repair of the Property or
<br /># to the sum secured by this Security Instrument, whether or not then due.
<br />- Unless Lender and Borrower otherwise agree im writing, any application ofprrceeds to principal shall not extend or
<br />k postpone the due date of the monthly payments referred to in paragraphs I and 2 ar -change the amount of such payments.
<br />1111. Borrawsr Not Releaaafi Forbeacsaft By Leader Not a Waiver. F-x.te rsion of the time for paytrserit or
<br />modification of amortization of the sums secured by this Security Iastn=ent Seated by Lender to any successor in
<br />interest of Borrower shall not operate to release the liability c1t1te'origiaat Borrower or Borrower's successors in interest.
<br />Lenda'sinsll not be required to catumence proceedings against any, successor in interest or refuse to extend time for
<br />' payment or otherwise of the sums secured by thistSmiaity Instrument by reason of any demand made
<br />by theorigind Bormwer or Borrower's succestwiis nn iareresr. Any forbearar:ce by Lender in exercising any right or remedy
<br />shall not bea waivertrfor preclude the exerr(uc,ofany right or remedy.
<br />Lt"':Stsooaat♦oas srtL Attttigsn� ilrssw� aasi set►stsl
<br />' f llgaiility; Ca►aipera, The covenants and agreements of
<br />this serisieity Instturtsent shall bind andbeaetltthe successery and assigge of Lender and Borrower, subject to the provisions
<br />2 of paragraph 17. B mw— en's covenants and•". Itmerrts shall, begrim and'licveral. Any Borrower who co-signs, this Security,
<br />Instrunkni but doci: ttmi' execute the Note: Q.-Is coasignina Miss Security, Instrument only to mwetgage, grant and ctmv;y
<br />- that Borrower's intdi t in the Property undo t, tike tenon of tints Security Instrument; (b) is not personally obligated to pay
<br />i the sums secured by this Security Instrument: and (01 agars that Lender and any (X1 Borrower may " to extend,
<br />modify, forbear or make any accommodations with regard' to the terms of this So=nny Instrument or the Note without
<br />that Borroweesconsent.
<br />12. Leant C'herres. If the loan secur&i -hy this Security Instrument is subject to a law.. which sets maximum loan
<br />chargts._.and that law is finally isiterpreted so that the interest or other loan charges collected or to be collected in
<br />conneiNj n with the loan exceed. 'U)r. permitted limits. then; (a) any such loan charge shall be reduced by the amount
<br />necesm_"i w reduce the chuge W t')hr'permitted limit; an4- Ili): any sums already collected from Borrower which exceeded
<br />permitted limits will be refunded ti+ Borrower. Lender rr>Xx choose to make this refund by reducing the principal owed,
<br />} under the Note or by making a direct payment, to Borrower. Ifs refund
<br />reduces principal, the reduction will be treated as:�.
<br />partialprepayment without any prepayment charge under the Note. .
<br />. 113. hsgislatlwt Affecting lesder's Riots. If. t,.xssctment of expiration of applicable laws has,,¢ha- effect of
<br />.. rendering any provision of the Note or this Security Instrwny mt unenforceable accn: + +ii2ng to its terms, Lender; ,tic ills option,
<br />may require immediate payment in full of a fl stuns secured by this Security ins4mvzoit and'may invoke any remedies
<br />permitted by paragraph 19. If Lender exerdsttthj.s option. Lender shall take the ste;K specified „r, 1nt�ttrssecond paragraph of
<br />paragraph 17.
<br />id. Notices. Any notice to Borrower provided for i:; this Security Instru. -n v shall be given by del; ctixttng it or by
<br />mailing it by first class mail unless applicable law require, case of another meta J. XA. The notice shall be airiv. eel to the
<br />Property Address or any other address Borrower designat',fis by notice to Lender. rt.!q notice to Lender sharply given by
<br />first class mail to Lender's address stated herein or any other address Lcialer 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 give:% as provided
<br />in this paragraph. ;
<br />IS. governing Law; Sesasr Nlity. This SecurilY F ul- rument shall be go•.izns+ul by federal law and rise law of the
<br />++' jurisdic*m in which the PrcTerrg is located. In the event that any provision or c(a.{.,c of this Security Instrument or the
<br />1 Note conflicts with applicable law. such conflict shall not 31rect other provisions of this Security Instrument or the Note
<br />f which can be given effect without the conlIxiiing provision. To this end the provisions of this Swirity instrument and thi
<br />Note are declared to be severable.
<br />If. Borrowers Copy. Borrower shall be given one conformed copy of the Note and of this Security+ istrument.
<br />17. Traratter of Ills Property or a Beneficial Interest in Borrower. If all or any part of the Fn, ;V atl'y or any
<br />MUM cleat in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is i),Jfa natural
<br />penKm) without Lender's prior written consist.; Lender may, at its option. require immediate payment in furl, of all sums
<br />secured by this Security Instrument. However,:11us, option shall not he exercised by Lender if exercise is li¢cbhihited by
<br />fakral law as of the date of this Security 1 ne!stjv.;ent.
<br />If Lender exercises this Lender A$all give *oowcr notice of accelerali, Ott. The notice shall pyi.zWe a period
<br />of not kas than 30 days from the dips, the delivered or mailed within which Flotmwer mrr-.t pay all sums secured by
<br />this Security Instrument. If Borrower fai s tfsii,it y'1hCSe sums prior to the expiration of this periv4, Lender may invoke any
<br />rernedia permitted by this Security.fastr%;mtiats +i+sthout further notice or demand on Borrower,
<br />1St Baarnwar's IRI tp piNlir4te. ' �� i>fcnyss »r.•.mssets cen.irr crm�tititin }. rrowor elt2 :i t :�sd th r sight to havc
<br />en>i`dn: @blrnt of this Security inst .1'Oii.ent discontinu�ilfstt' amp lime poor to the earlier of: (a) S days (or such olhAir pent d as
<br />1 sppl�itafti;�'isw tray specify for re ti ternent) lxforr 5a1'.4'izir the Property pursuant to any power of sale ckvitaiked in this
<br />- Sec unit'}' instrument; cx (b) entry bt a judgmegt enforesrig this Security Instrument. Those conditions are cttai Borrower:
<br />t is) pays Lender alt sutras which then wcxikl; due utider this Security Instrument and the Note had nit- acceleration
<br />occurred; (b) cures any default of any mhr!1'' ,Nvenanrs or agreements; (c) pays all :expenses incurred in ra*-ircmg this
<br />Security Instrument, including, but lux limited} to, reasonable attorneys' fees: and fdi takes such action a-, Lcrider may
<br />reavmiaNy require to assure that the lien of this Security instrument, Lender '% ngrts in the Property and lkirrowces
<br />14*1 119” to pay the sums secured by this Security Instrument shall continue unchanged t!pun reinstatement by
<br />ItOrrtjwer. thissecutity imirumcnt and thei+bligatr:mssecurers hereby %hall remain fully efrocli%e a-.If no acceleration had
<br />rs:curred Ile- wer.rr. this riXht to rEinstatt shall not a1�ply in ti r cgs~ e+f na:celCrAtnm under r:traktalxhs 13 ur 1 ».
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