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If t. MI11 �.it�fc atnx as a condition of making the loan secured ula Se uri y�ns��nt,
<br />• Borrower %Jw � tp maintain the insurance in effect until such time as the requirement for the
<br />insurance term'' WIPPOWwwtr'a triad Lender's written agreement or applicable law.
<br />ins :.:it �s.eII.`,� %ins upon I>3pOCti�Ils of TIIe PlCpei[� lendCr " -- -- - --
<br />ansii
<br />"I give Borravtr tsotictat the timeofor prior toan inspection specifying re wrtableclauseforthe inspection.
<br />9 CANdamedw The proceeds of any award or claim for damages, diTeet or consequential, in connection with
<br />any eoridenrnatim or other taking of any part of the Property, or for conveyance in lieu of condemnation, a�e:)ereby
<br />awitnedyutd shall ere paid to Undet. ; •.:..;:.:. ,
<br />{ In the event of a total taking of the Property. the proceeds shall be applied to"tte.aums sees�a±ed by t$3J'`urity
<br />111196 ner1% whether or not them due with I
<br />utslew Borrower slid Leader any excess paid to Borrower. n the event of; partisl tg of feel;
<br />othenviseagree
<br />Ike amount of the in writing. the sumssecured bye. -this Security'Instittemt;w shall be.ref!« y t;,
<br />Proceeds multiplied by the following fraction: (a) the totw amount•rlf.the sums
<br />before tbeBorrower. divided by (b) the fair market value of the Property immediately befc r`(#ir� kin
<br />paid to �. 8- Y' r!sthsii`be` ;
<br />If the Property is 4bandoned by Borrower, or.if, after notice by Lender to Boriak rthatle'lW it sdemnor offers to rsr•
<br />snake an award or settles claim for damage, Borrasyyet fails to res
<br />d�fT pond to under within 30idaysa#";t`� date the notice is.:
<br />given, Lender is authorized to collect and apply thi ,V6 , ai :its option, tither to restc> ,i!ott or Ire t of'the Pea or
<br />lot sums secured by this Security Instrument, wheinet'i�'�s ��- A.Lvn due. '-
<br />i niellil .eader and Borrower otherwise agree in writ
<br />poiltpone the due dste of the monthl '! y application of proceed' iv prime+ .Ball nofiiii td or
<br />y pyments referred to in paragraphs 1 and 2 or changirahe ani«tiii.t,':6f suchpayments.
<br />10. Da raver Not Rekwmk llrorbewmee By Leader Not a Walker. Extension of the late for payment or
<br />t Wification of amorti of thi_41W!trs secured by this Security Instrument grariteai.*,L.ender to any successor in
<br />xiitertst of Horrotrer sha ;operate i Y.release the liability of the origiaal Borrower,or 3 ower's successors in interest.
<br />Lender shall not be required to comtnetrce proceedings'against any successor in intt or refuse to extend time for
<br />Payment or otherwise modify amortization of the sums secured by this Security Instrument by reasat eg- any demand made
<br />the original Borrower*Borrower's successor in interest. Any forbearansxelpr,Lertder in excrcis rany right or remedy
<br />It ill'not be a waiver of o f .*wlude the exercise ofany right or remedy.
<br />11. Snetwm ante' Andre Born$ Joint tar/ Sevetrafi Il�siility;
<br />Co,aiptets. T—U cuverta:':1S :end agreements of
<br />this Security (trisltrument shill bind and benefit the successorsaiiri:assigns of Lender and $o ti��s)�r, sxtrfmg; to the provisions
<br />of 17`3mrower's covenants and agreements shall b�,�pwg'i and several. Any Bortowe wha�� -grans this Security I
<br />Instrument bu't does not execute the Note: (a) is easigning this Security Instrument only to mortgsjgp,, grant and convey
<br />that Borrower's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to y
<br />the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend.
<br />modify, forte or make any accommodations with regard to the terms of this Security Instrument or the Note without
<br />that Borrow•O&C'onsent.
<br />12. I.om Ct NIM' 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 />cexrtaection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount
<br />necessary tciri&lee the charge to the permitted limit; and (b) army sums already collected from Borrower which aivxi eded
<br />permitted ii:asr : _gill be refunded to Ros?msser. Undcr may cl -Yc.az to make this rcfttnd try reducing rite principal owed
<br />under the Note,.trby makitrg a.direct payment to Befrower. If a refund reduces principal, the reducti n. will be treated as a
<br />PW1.1 l preps}.^, &M without tiny prepayment charge under the Note.
<br />13. 1ANAWatitivi ABtctiat Lender's Ruts. If enactment or expiration of applicable laws has the effect of "
<br />rende ring anyprpvision of the Note or this Security Instrument unenforceable according t."C ;'fta terms, Lender, at its option,
<br />may require un,miediate payment in full of 211 sums secured by this Security Instrume,=.d May invoke any remedies
<br />permitted by paragraph 19. If Lender exercises this option. Lender shall take the steps specified in the: vwond paragraph of
<br />paragraph 17.
<br />14. Notk-m Anw notice to Borrower provtyaed for in this. Security Instrument shall be giver' by delivering it or by
<br />mailing it by fiat class mail unless applicable law requires wic..o f unother method. The notice shall be direcrcrl, to the
<br />Property Addles of any other address Borrower designates by mmcc to Lender. Any ncixe to Lender shall be gf v. ='r 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 13:,rrower or Lender when given as provided
<br />in this paragraph.
<br />13. Goveralat Law; Severabliity. This Security instrument shall tv governed fly federal law and the law or the
<br />Jurisdiction in which the pWrty is f+Naated. In the event that any provision or ciauW )f.tltisSecurity instrumfls.t f7r the
<br />Note conlficlwwith applicable law. sueb conflict shall not affect other proirki ns of this Security instrument or th c Note
<br />which can be 1 inert effect without the conflicting provision. To this end thepm- *isions of this Securit.wait,rtrument and the
<br />Note are declared to be severable.
<br />16. Ekwrowee# (epy. Borrower shall be given one conformed copy of the Note:: nd of this Security lnstrtiment.
<br />ly. Tratssftr of the PrWrIy or a Bereficla! Interest in Borrower. If all or anti.} part of the Property .,v any
<br />rnterea ire it issdfid or transferred (or if 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 paymer „_ in full of all sums
<br />secured by this Security instrument. Ifowever, this option shall not be exercised by Leader if exercise is prohibited by
<br />federal law as of thedate 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 30days from the date the notice isdelivered or mailed within which Borrower must pA Al sums secured by
<br />this Security Instrument, if Borrower fails to pay these sumo prior to the expiration of this period. U*Ier may invoke tiny
<br />remedies permitted by this Security instrument without further notice or demand on Borrower.
<br />1B. BetriOwtr'a Ilia to Retitatatt.. if Borrower me,erc etrram conditions, !°l;ttroe:er shall have the Figilt iv have
<br />etfforctntent ufthisSecurity instrument discontinued at any time prior to the earlier of. (a) 5 days Jor %ul:h other peiiogl as
<br />applicable law may specify for reinstatement) before sale of the Prurmrty pursuant to any power of sale contained ,.i,tlirs
<br />Security Instrument; or (b) entry of a,)udgmtnt enforcing this Security Instrument "those conditions are that fit) rrowy :
<br />(a) pay's Lender all slums which then would be due under this Security instrument and the Note had im acceleration
<br />incurred: (b) cures any drfiult of any other covenants or agreements; (c) pays all expenses incurred to enfincsng this
<br />Security Instrument, including, but ncH limited to, reasonable attorneys' f-m%; and (d) takes such action as Lender may
<br />reacextaPly require of erasure that the lien of this Security Instrumeent. Lender'o rlghh. err the Proiierrt, and forrower's
<br />s ligxtlfrn tEi t"Y the Surma %tcu7rd by the% Se%:urlty !nslrumens %hall cE)trrtnue etl;char(grci. t l'L+Ir re:rrstatcrnrnt 8y
<br />1(ETrrE;wEr, fh!;- SLc unt!. ImRtrumrnt and the obligalwim secured hereby -hall retnatn f ioly effvalw a% If ten acceleration hail
<br />ne.surrcd 11t,st0, r:.Ihrl� right to rear %tateshall not artily Ill Ihe ifaccefer,rn, •n l;tatier par.if. rapil.. t =.ir 17
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