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<br />105289
<br />If Lend" required mcmple insurance as a condition of making the loan secured by this Security Instrument.
<br />Borrower sW pay the premiums required to maintain the insurance in effect until such time as the requirement for the
<br />insurance 1 taiwetinaacordari with Sorrower*smW hander's written agreement orapplicablelaw.
<br />& Jampdkita. Lender or its aWt may make reasonable entries upon and inspections of the Property. Lender
<br />The prooeeft of any award or claim for damages, direct or consequential, in connection with
<br />Any COTvkMAatK'M or other taking of any part of the Property, or for conveyance in lieu of coridemnation, are hereby
<br />assigned and 9WI be paid to Lender.
<br />In the event or 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 Lander otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by
<br />the amount of ire proceeds multiplied by the following frution: (a) the total amount of the sums secured immediately
<br />bef4t 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 orsetle a claim for damages, Borrower fails to respond to Lender within 30 days after the date the notice is
<br />given. bander is authorized to collect and app.ly, the proceeds, at its option, either to restoration or repair of the Property or
<br />to the sums secured by this Security lnstrume* whether or not then due.
<br />Unless Lender and Borrower othommt'' W-ft in writing, any application of rocceds to principal shall not extend or
<br />postporie the due date of the mcallily paymiO�s referred to in paragraphs I and Z r.
<br />cr change the amount or. payments.
<br />. mats.
<br />.10. Borrower Not Rtlam*% Forbei� By Lender Not. a'Walver., *. Eitension of the time, (Qr payment or
<br />m6dxh-xion of amortization 06f tift'' 'U'= swured by this Security Isthirument granted by bender to at"
<br />interest of Borrower shall not operate to ie§64 the liability of the ii�rrgfnal Borrower or Soffo*Ws successotO;0610ka"C
<br />txn*,' shall not be required to commence proceedings against any. successor in interest or'rifuse to emend riiie-:f&
<br />paynvAsgbr otherwise modify amortization of the sums secured by this Security Instrument by reason of any emnand. made
<br />by Ow miginal Brunoweror Borrower's successors in interest. Any!.&Phearance by Lender in exercising any right or remedy
<br />shall not beawiu6aiiifor preclude the exercise of any right or reme4'- J ,
<br />MIA, �.'f
<br />it. Swc6mrs &W Asftm Bow*. JoWt &W Several C944pem The c6veiiants and agreem
<br />this Security Instrument shall hind and beneft the successors and assfgq� of Lender and Borrcwer. subject to-the provisions
<br />of paragraph 17. Borrower's cimgmants, and agreements shall be joint and several, Any Borrower who cc-signs this Security
<br />Instrument but does not execiifk Elie Note- (a) is co-signiing this Security Insr.wrawl only to mortgage, gr
<br />4nt and convey
<br />that Borrower's interest in the Property under the terms of this Secuoy.fnstrufrree,14 (b) is nct: licrwaalbt ebligated to pay
<br />the sums secured by this Security Instrument; and (c) agrees that Lender and any other Bormwer may agree to extend,
<br />modify, forbear or make any accommodations with regard to the terms of this Security Instrument cr the Note without
<br />that Borrower's con!;etit.
<br />12. ImmCharpm. If the loan secured by this Security Instruirtitint-is. #;,Ajuct to a law which sets movk-imam loan
<br />charges, and that taw is finally interpreted so that the interest cr ollicr lam. �ftarges collected or to be collected in
<br />connection with tbr, loan excel .f.he perm, ifjiW limits, then: (a) any such loan charge shall be reduced by the amount
<br />necessary to reduce the charge :,: the permi ' itud limit; and (b) any sums already co!W ' t4 fi,"n Wrrower which exceeded
<br />permitted limits will be refur4p
<br />, AA6 Borrowei. Lender may choose to make tbita ftV`aluit V. 5, reducing the principal owed
<br />under the Note orby making a drect payment to borrower. Ifa refund reduces principal. the reduction will be treated asa
<br />partial prepayment without any prepayment., charge under the Note.
<br />13. 1Aj*kOm Affecting ImmlWX Whits. If enactment or expiration of applicable laws has the effect of
<br />rendering any provision of the Note or thisSecurityinstrument 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 opdrm4 Lender shall take the steps specified in the second paragraph of
<br />paragraph 17.
<br />14. Nolia*4, Any notice to Borrewtrr provided Fi3r'i a Oijg.-."*tturity 1witrument shaDhe given by delivering it orhy
<br />mailing it by first clam mail unless applicable law "quinft.'.' USIC c¢,,,pnother method. 'rhe rr.M.jrx shall be directed to fhg;
<br />Property Address or any other address Borrower designates by notice to Lender. Any noi i.w co Lender shall be given by
<br />first class mail to Iznder's address stated herein or any ether address Lender designates by to Borrower. Any notice
<br />proitipled for in this Security Instrument shall he deemed to have been given to Borrower or ta-y4er when given as provided
<br />15. Govexasg Law; Severability. This Security lnitrumrnif:+.hall be governed by W,:ril law and the law of the
<br />jurisdiction in which the Property is located. In the event that any Vt.•ovision or clause of this Security Instrument or the
<br />No;'.f conflicts with applicable law, such conflict shall mot, .frect other provisions of this Security instrument or the Note
<br />whi h -An be given effect without the conflicting pro-04.)m. Twi ir'.S end the provisions of this Security frimmi-nent and the
<br />Note are declared ra be severable,
<br />16. Borm*vesCopy. Borrower shall be given one confo.meil' copy of the Note and of this Security Insfrurreiit,
<br />17. Traitiow'of Ike Property or a Beneficial Interest 16 Swrower. If all or any part of the Properly of any
<br />interest in it is %otdibe transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural
<br />person) without Linder's Oniiar written consent. Lender'i nay. at. its option, require immediate payment in full of all sums
<br />secured by this Sccufity: la,:(mvnent. However, thN opilia'rl shall -;Q:t,be exercised by Lender if exercise is prohibited by
<br />federal law asof Ot. dktro!; Security Instrument.
<br />If Lcndcfv.o,-'1vises flies option. Lender shall give Borrower notice of acceleration. The notice shall provide a peril-At
<br />of not less than 30days frcmi4l ,, date the notice is dcliver4d or mailed within which Borrower must pay all sums secured by
<br />this $ecurity Instrument. If Borrower fails to pay thes'e'.%tris prior to the expiration of this period, Lender nu y invoke any
<br />remedies permitted by this Security Instrument without Vurther notice or demand on Borrower.
<br />R!'".1 W fth-vagom., If 110frower =eis certain condition, have the right to fiavv,
<br />enforcement of this Security Instrument di „cnnfinued at any time prior to the earlier of (it) 5 days (or such other pen'-.-�d fm
<br />applicable law may specify for reinstatement) before sari: of the Property pursuant to any power of sale contained in this
<br />Security Instrument, or (b)entry of a judgment enforcing this Security Instrument. Yhow. coadihom, are that Borrower!
<br />(a) pay,, Lender all sums which then would be due -urder this Security Instrument and the ;Note had no acceleration
<br />occurred. (h) curet atiy default of any other covenants or agreements; (c) pays all expen” incurred in enforong flits
<br />Security Instrument, including, but not limited to, reaminable attorneys* fee,,. and (d) takes such aoion as Lender may
<br />rea%otia% require to assure that the licit of this Security Instrument. Lender% right,. in the Property and lfotrowet%
<br />obligmium to pay the smyi% -.eturcd by thin Security Instrument shall continue uncharied Upon femMatenient by
<br />11orrower, the Security Inmrtizilent and the obligations secured hereby shall iernam Nil% tfrectiww. if ii"'aLcOmition had
<br />o--aufred IV,%c-.tr_ 1hrrtghtturein%tatrJia1l tint apply to thmaworaccelerati-n U11tict r.►ra,traph. llorl-
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