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<br />$9-- 105302
<br />If Leader required mortgage insurance as a condition of making the loan secured by this Security Instrument,
<br />Borrower shall pay -the premiums require! to maintain the insurance in effect until such tithe as the requitement for the
<br />insurance terminates in accordance with Borrower's and Lender's written aptement or applicable few.
<br />— -- — & --U tgltlriiwF.- - Lendervrusagati -- -- ' •_ �ir upfiir�ta itap�ikirni •sh�cit3pciry. Undor - - -
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<br />tWl give Borrower notice at the time of or prior to an inspection specifying ressontlble cause Witt the inspection.
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<br />9. CoMpt a tloo. The proceeds of any award or claim for damves. direct or consequential, in connection with
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<br />any oondenptation or other taking of any pan of the Property, or for conveyance in lieu of condemnation, are hereby
<br />mignW and shall be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall be applied to the turns securest by this Security
<br />Instrument, whether or not then due, with any excess paid to Bormwerr. In the event of a partial faking of the Property, ,
<br />unless Bortower and Lender otherwise - a-ree a writing, the sums secured by this Security Inst_ i.shail be reduced by
<br />the am mi of the proceeds muldphed by ti a following fraction: (a) the total amimAt.of the s s:' tred immediately
<br />be fore;bstaking, divided by (b) ^>,IAr air market value of the Property immediately- befert: the tali# Amy, bilkai a shall be
<br />PAW u) Borrower.
<br />Ifoe Property is abandoned by Borrower. or if, after notice by Lender to Borrower tl*a r iie..zpd t tar olrers
<br />make a6awardorsexgea claim fen•, damages, Borrower fails to respond to Lender within 30daysi ringd tf)enoticei
<br />given. der is aufh6Tized toomUect and apply the proceeds, at its option, either to restoration o`r i epwr of tl� lr. operty or
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<br />tothe, secured' 'hisSet~a ►`Instrumrnt,whetherornotthendue
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<br />: 1 Lender and Borca!ictr otherwise agree in wri2ittg. any application of proceeds to p shall not extend or
<br />postpcfne the due date of the monthly payments referred to in paragraphs 1 anA 2 or change the amount of such paymento.
<br />10. Borrower Na Rdese ; Forbearance By Lamler Not a Waiver. Extension of the time for payment fit:
<br />modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in
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<br />interest of Borrower shall not operate to release the liabriiy of the original Borrower or Borrower's successors in interest...
<br />Lendez-;yball not be required to commence proceedings against any successor in interest or refuse to extend time fits
<br />payment or otherwisc modify amortization c tte sums secured by this Security Instrument byreason of any demand made :
<br />by the original Beer or Borrower's suers in interest. Any forbearance by Lender in q�Ang any. right or remelp'
<br />shall not be a w4#iortef or preclude the exec c+�f any right or remedy.
<br />11. Sweeiaars aW Attttiigttr BosA.Joint and Several Liability; C 1,49 ti S. The covenants and agreements of
<br />this Security instrument shall bind and benefit. the suceeswrsand assigns of Lendercamrd Borrower, subject to the provisions
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<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 ibis 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 with regard to the terms of this Security instrument or the Note without
<br />that Borrowers consent.
<br />12. Loa - Charges. if the loan secured by this Security Instrument is subject to a law which sets maximum Ioan
<br />charges, and that trk is finally interpre:tedt sit that the interest or other loan charges collected or to be collected in
<br />connection with the loan exceed the pem ;.'A .4' limits, then: (a) any such loan charge shall be reduced by the amount
<br />necessam,7 to reduce the charge to the permitie'd limit; and, (ii) any sums already cofl&red from Borrower which exceeded
<br />pram- �srAd. fittsin, tie refunded to Borrower.. Lender may choose to make this,na& --td by reducing the principal.owed
<br />under.. Note cz�(, j .making a direct paymeetta Borrower. If a refund reduces principal, the reduction will be treated as a
<br />partiai:{r>'repaymet�,'k without any prepayment,' :.targe under the Note.
<br />0.- L*Ohtion All'ecting Leader's Rlgbts. If enactment or expiraticiv of applicable laws has the effect of
<br />rend"*vS any provision of the Note or this Security instrument unenforceable accp.otflug to its terms. Lender;, w its option, .
<br />may require immediate payment in full of all sums secured by this Secu my lre4t rr ytient and may invoke any remedies
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<br />permitted by paragraph 19. If Lender exercises this option. Lender shall Luke the sta;A specified in. 0,5: second paragraph of
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<br />paragraph 17.
<br />.14. Notices. Any noti4e ca Borrower provided for in this Security Instru:numt shall be gvti,. -n l;, c`.e1i :.eying it or Ay
<br />mailitrg :.r,} by first class mail uu>i~:W applicable law requires use of another method. The notice -Jiull; toe- di :rt:t;ted to the
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<br />Propetnm Address or any other address Borrower designates by notice to Lender. Any notice to L, n' if.•tr shiO rte given by
<br />first ¢iass mail to lender's address stated hiw6n or any other address Lender designates by nottw: to Rirrow• r. Any notice'
<br />provided for in thief Security Instrument s1wfllbe deemed to have been given to Borrower or LenfAw sa:ten given as provided
<br />in themyWagraph:.
<br />1. Goversittg Law; 5sworali(llty. This Security instrument shall be govented by federal law and the law of the
<br />jurisid';nbn in which the I . rty is located. In the event that any provision or clittrme of this S:;urity Insttument or the
<br />Note conflicts wilt applicable law, such ennflict shall not affect other, provisions (X thils Security Instrument or the Note
<br />which can be gh�elt, 4cct without the conflicting provision. To this end the provisions of this Security instrument and the
<br />Note are declared to be severable.
<br />• K Borrowees Copy. Borrower shall be.given one conformed copy of die !vote and of this Security: instrument.
<br />17: Treader of the Progeny err a Beneficial Interest is Borrower, ie -iii or any part of the Property or any
<br />interest bee it is colt! or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural
<br />person) without Leader s prior written consent, Lender may, at its option, require immediate f ayment in full of all sums
<br />ser:ured b this Soo tit 1 t t I•[ v th h 11 t 1— d l.etrd f h'bit d I.
<br />y u y ns rumen . owe er, rs option s a no CAC* ctse by err exercise rs prat e y
<br />federal law as of the date of this Security Instrument.
<br />it Lender exercises this option, Leader shall give Borrower notice of acceleration. The notice Shall provide a period
<br />of not less than 30days from the date the notice is delivered or mailed within which Wrrowcr must pay all sumssecured by
<br />this Security Instrument. if Borrower f"s to pay these sums prior to the expiration of this period. Lender may invoke any
<br />raM+�!im p"- trotted by this Scanty 1nstst:m mvitheu: further not ide err demand an gorFoe=
<br />111. Borrower's Riglit to Reiaatate. If Borrower meets certain conditions, Borrower -,hail have the right to have
<br />enforcement of tht% Security instrument discontinued at anytime prior to thy` earlier of. (a) S days for such other period a%
<br />applicable law may specify for reinstatement) before Sale of the Property pursuant to any power elf sate cotttaoied in this
<br />Sevumy instrument. fit fb) entry of a judgment enforcing this Security Instrument Those condarum are that Boru;wer.
<br />(a) pays Lender all sump, which then would be due under this Securtty Instrument and the Note had no acccicralhin
<br />occurred, (hi cure, any default of any other cuvcnanm or agreement%. (cr pay% all exp nwN incurred in enfvrctop this
<br />Seturity Instrument. including, but not limited to, reasonable attnrne)s fees, and (di take* such a <usut as i cruder may
<br />reuorrAN require to as-itire that the lien cif this. %witty Instruotcnt, I.ctu t:1%. tlejil. In tltt; 1't,1l,erry att,l litttrl:wet %.
<br />Migation to fay the sums k%ured by this Set:urtty lnstrunicut shall cunttttuc ur,11angctt t putt tctttNlatctncnt he
<br />Wrrwacr, thv.Sccurtty Instrunent and the (lhllgattom. ut.tircd hctCb; %hail ectn,tul fully t ffe0ttir Js If tut al..e 0AT11311 11JJ
<br />[%earned lfa- 4011!1`. than fight to ruac131c ehalJ best apply in the yeast (,f a4;;c2;ram,rt under p ar,ayral" irk 13 tit F" . .
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