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89. 105461
<br />If Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument.
<br />— - - - - -- - -- Bc Inc ill rsu- - �} s�„e -e�ei a .ilk •���.Lilt '..' su..:.C£ iri: e#7r i:ri.ii :.ii2 ii's i�gSirti"..eF�'s nice is -- - -
<br />insurame terminates in accordance with Borrower`sand Lender's written agreement orapplicable law.
<br />R. Ites/eedw. Lender or its agent may snake reasonable entries upon and inspections of the Property. Lender
<br />sb+tll lose Borrower notice =the tiittteof or prior to an inspection specifying reasonable cause for the inspection.
<br />9' Cbba tatnwm The proceeds of any award or claim for damages, direct or consequential, in connection with
<br />any condemnation or ot6er,takiag of any part of the Property. 6r for conveyance in lieu of condemnation. are hereby
<br />sssigtt+ed aasd shall be paid ao [xrtder. ,
<br />In the event of a toad .taking of t1w 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 />uus%n Borrower and Leadaoatherwise agree in writing, the sums 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 sutras secured immediately
<br />before the taking, divided by (b) the fair market value of the Property immediately before the taking. Any balance shall be
<br />paid to Bo+tro+wer.
<br />If the Property is abutdoned by Swower, or if, after notice by Lender to Borrower that the condemnor offers to
<br />make an award or settle aclaitn for damages, Borrower fails to respond to Lender within 30days after thAdate the notice is
<br />lli-wcn. Lender is authorized to collect and apply the p aceeds, at its option. either to restoration or repairof the Property or
<br />to ftsums, secured by this Security lttsutunent, whether or not then due_
<br />Unless Lender and Borrower otbwwise agree in writing, any application of proceeds to principal shall not extend or
<br />postpone the due date off tlaemonthly payments referred to in par*raphs I and 2 or change the amount of such payments.
<br />110. Borrower Not Itekaseil; Forbearance By Leader !fit a Waiver. Extension of the time for payment or
<br />modification of amortizatilan of the sums secured by this Security instrument granted by Lender to any successor in
<br />interest of Borrowa shall toot operate to release the liability of tb eoriginal Borrower or Borrower's successors in interest.
<br />Lender shall not be required to commetrue proceedings agliinst any successor in interest or refuse to extend time for
<br />payment or otherwise tta AMy annxtivmlicva of the sutras secured by this Security instrument by reason of any demand made
<br />by'tlie original Borroweror Botrrti+-Wss- accessors in inurest. Any forbearance by Lender in exercising any right or remedy
<br />shall not be a waiver of prechide the evercise of amj:right or remedy.
<br />11. Socceastits anal As1114M Baiwsk- Joint acid Several Liability; Co-signers. The covenants and agreements of
<br />this Security Instrument shall bind and b=fit the succeuorsand.assigns of Lenderand Borrower, subject to the prow+irions '
<br />ofparagraph 17. Bonower'scovenants and agreements shall be jeirt and several. Any Borrower whoco-signs this Seuurity
<br />Instrument but does not atecute 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 thw 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 Borrower's consent.
<br />12. Loan Charges. If the loan secured by this Security Instrument is subject to a law which sets maximum loan
<br />ci urges, and that law is linally interpreted so than: this interest or other loan charges collected or to be collected in
<br />connection with the loar, ,m.:eed the permitted fir -its;; then: fxa any such loan charge shall be reduced by the amount
<br />necessary to redwx the �ftarge to the pertttitted limit; and (6) auty sums already collected from Borrower which exceeded
<br />permitted limits wi:'Ut ir* iW Tided to Borrower. Lender may edirww to make this refund by reducing the principal.. awed
<br />under the Note oir to matainila direct payment to Borrower. If 's r6and reduces principal, the reduction will be treaterias a
<br />Partial prepayment withcufvmy prepayment charge under the Note.
<br />13. 19AWatWe Affecting Leiadetr's Rights. If enactmtrt nr exlsii:trion of applicable laiw,; has the effect of
<br />rendering any lgruvision of The Note or this Security Instrument wtrasti:rcl 11i; ,according to its terms.1.4.4er, at iis- rpK;on,
<br />may require wrttnediate payment in full of all sums secured by tlts5 Sccuriiy. Instrument and may irsv.okuiiny rm. tdies
<br />` permitted by paragraph 19• If Lender exercises this epiicn, Lendier shall take the steps specified in the scAa ii'paragraph of
<br />paragraph 17.
<br />14. Notices. Any notice to Borrower provided for in tf"sSecurity Instrument shall be given by delivering it or by
<br />mailing it by first class mail unless applicable law requires use ref 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 Sects rill Instrument shall be deemed to have been given to Borrower or Lender when given as provided
<br />in this paragraph.
<br />15. Covernitg l aws; Severabllity. This Security Instrument shall be governed by federal law and the law of the
<br />jurisdiction in w hick ilie Pvoperty is located. La 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 cart be givers iii ict %Oithout the conflicting provision. To this end the provisions of this Security Instrument and the
<br />Note are declared to Cyr. 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 its 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 Borrows er to +tree of acceleration. The notice shall provide a period
<br />of Bin itis Omit 3€f days (corm 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 nc,ttce ur demand on llorroaer
<br />19. Borrower's plgBif to Reinstate. If Borrower meets certain condittom. littrrover shall hate the right to have
<br />enforcement of this Security instrument discontinued at any tone prior to the earlier of: (a) S days for such other period ads
<br />applicable law may specify for reinstaietnenl) before sale of the Property pursuant to any power of sate contained in this
<br />Security Instrument; or 01 entry of&judgment enforcing this Securtiv Insirument louse centdattim are that Iferntwer
<br />is) rays Lender all sums srhi:h then would be due ut+dtcr this 5ci unty in%truinrrtt anti the Ni *te fiat) tit%atcele►aimit
<br />e+ccurrtd. fb)•cutt4any default of arty tither c—cnants fir apreetnenrc, (v) ra),, all etp,n%4t% imurteel in entercem this
<br />Security Instrument, incloding, but not limited tor. reacanable a1t011LrY5 ice;- end 4d) LAVI- I-uih :telt+nt as 1 ratter may a`
<br />rtastrnably m4uoe it, asmre that the hers of this Security Inmiunmem I enQe:r % nth!: its the Property and It.�rn.aer's
<br />ubligalivn to pay the sumis secured by this SCCUnt;, 111MMI t^Itt 034 0'+,r,nue ',fl`3lkeel Upoll M1103terticUl M.
<br />flurnwwer, this Sn utuy limirurneitt artd tln u.- hgatrur+s Scouted hereby 01111i rernaui 110111 CUC. INC ac If nu a.celttatu+l hard
<br />cwcuesect #11 +>a glee. thts fight ttirestittaie Shall 11- t11111!y fit the .:_c -+ f t . �iprEtr+E,rt ulirf t ae9•ctat h< I t . r !'
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