!�- . . . � . ,
<br /> , �
<br /> � � - �
<br /> - ' + '.
<br /> ' l
<br /> . �9"� iQ561'�
<br /> ;�• If�.e�d4r�wa�ci�yC ins+!tance as a conditian af mahing tlta ldan sccured by this Sccuritx Instrument,
<br /> = Barra " �h '�ic�q�ted to maintain the insuranGe in:ctTa�t'until such time as the requirement for the
<br /> ; insarsn�t t t� �8orn�r�er's and Lend�s wrtt+tti agreement or applicable taw.
<br /> . . "`� �'y�;�nt inay msice rra5anabtu entt��s upon amd insprctions of the Preperty.Lender
<br />'�• � -� shalf gi�r Sorrower nc+tice st the time of pr prior to an i�spcs.tian.s}�csif,�in�re�sonable cause for the inspection.
<br /> -- f �, 6�• 'fhe proceeds of any award oT c�im-firr dump$q�.direct or conseyuentia�,in connection wiih
<br /> . y ar�y cond�ee�naliort or ather taking of any part of the Frapat,v:.or.t'�r.com�eyance in liaa o�condemnatioa,azt htteby
<br /> � . � assip�ed and ab�alt be paid to Lendtr. , . .
<br /> In thG event o�'a total taking of the Praperty,the pracc�df��tipll'it)e applied to the sums secured by this Security
<br /> ! I�strument,whet&e vr not than due,with�ny excess paid�ttr:Bafr�vPr.in the event of a partia!taking of the�Propecty,
<br />� ; unkss�orrawer and L.ender oth�tarise agee in wcitu►g,the sums securcd by this Security Instrument shaU be roduced by • �
<br /> tt�amaunt af tlt�Qroceeds multiptied EY tbe folfowiag fraction(a)the total amount of the sums secured immediately
<br /> : befor+e the takirg,divided by(b)the fair rtv�rket value of the Property immediately before the taicing.Any balance shall be
<br /> � piid to Eiortoxcr. .�
<br /> Eior
<br /> � If tht�'roperty is abandonc��a�Borraw�r,or if,aftec�r.ice by Lender to Borrower that tha oondemnar�ers to
<br /> � � malce an a�vard or setue��im for�s:�ges,�ccvuer fails s�c�espond to Lender�vithin 3D days atter the date the a�tice is ..
<br /> givee,Lendtr is authorin¢+dEu��collect and apply t�e procads,at its option,either to restaration or rep�:c pf the Propesty or
<br /> �•�=� . { to the sums srcural by t�a 5�ec�ri±�Instrument.whether or not then due. � ' • . ,
<br /> Unless Lender and Borr�war'�'.herqvise$Bree�n writing,any app}ication of proceeds�a pc���;�1t ncxt�'teRd or . . _
<br /> ' postpone the due date of the rcceatt�T�_�syments refened to in�:.-agraphs 1 and 2 or ch�c.gntre am�.r.,.�f s•.xF�r,i'��;nents.
<br /> 10. 8arower Not Rek�;Forbdra�cc 8y I.endl�r.'1.1Tnt s Wd�er, .Exter.�on of ttre t..�.e for,�h�nt or .�,,�;-'� .
<br /> modification of amortizatir�� c+f tke sums sccured by this 5�.:�;.rity Instrvment granted by Lende���fl�y�s•.a�ax.Ssor in
<br /> • interest of Borrower sh�;�usr�a�erate ta release the IiaCility c�r:�e original Borrower or Borrower's sticcessorS isi�nterest.
<br /> Lender shall not be re�uirt����mence proceedings a�:s2 any successor in interest or refase to eatee��t�f�ac
<br /> payment at'��herwise sr��unos�iation osthe sums seca��Zy this Security Ynstrument by reason of any �
<br /> ' � by the ori�al Borrowe��Sorrower's successors in interest.Any forbeacance by l.ender in exercisin�asay r�#±;�+emedY ;.
<br /> � shall not be a waiver of oc preclude the eaereist tif any ri�t ar remedY• •� • .-
<br /> � 11. �a�As�Jps go��d;,Joiet�nd Several Lisbility;f�igner�. 7'he coven.T!:s 8n'd a�:ents oF , ��..:;�
<br /> ; this Security instrument shall bind and beneRt the successar.a�a�d assiBns�f'Leader and Borrower,subject to the�avisions ,
<br /> .� of paragrs�h.17.Borrower's covea��and agraments shaiL t��vint and several.Any&�rsower who co-signs tl�.�is.�ecurity ; � �
<br /> � Insirument but does not execute tt�r��tiote:(a)is casigning tais Security Instrument c��y to mortgage.grant��S camey � !.
<br /> that Bonower's interest in the Property urtder the tern�s of this Security Instrument;(b)is nat personally obligated to pay .
<br /> � the sums secured by this Security lnstrument;and(c)agrees that Lender and any other Borrawer may agree to extend,
<br />� modify.forbear or malce any aecommodations with regs�rd to the terms of this Security Instrucrient or the Note without
<br /> that Borrower's consent. ' _
<br /> lt. Lo�n Cbir�es. If the ioan secared by this Security Instrument is subject to a law wh�ch sets m��x�um loan ,
<br /> es
<br /> charges. and that law is &nally interpreted so that the inter�t or other loan charges coliected ot to be collected in
<br /> connection with the IowF�a:�d the permitted limits,then:(a)any sueh loan charge shal!be rc4�csd by the amauat ,
<br /> � . r.e�..:�ar;ta re:luce tht cFkr��P t>>the ipermitted limit:and(t�)any sums atready coliected from Ba�ra�wer which exc«ded � R
<br /> : � permitted iimits wi11 be refuaded r�Barrower. Lendet inay choou to make this refund by reducing the principa) owed .
<br /> under the Nate ot by making a dir+�s r�aymrnt to tiorrower.If a refund reduces principal.the reduction will be treated as a �
<br /> _ partial prepayment without any prepayment charge under the Note. :'
<br /> 13. I�egitl�tiat �tie¢ttng Lender's Rights. If enactment or expiration of applicable laws has the elftct of�
<br /> rendering any provision of the Note or this 5ecurity lnstrument uneefarceable ac+eording to its terms,Lender,at its option, ,
<br /> may require immediate paytnent in fuU o�all sums secured by this Security Instrumeni and may invol:e any Temedies ,
<br /> ' , permilted by paragraph 19.If'..�s��:..�r exerci�s this option:i.ender shall take the steps specified in the second parag�aph of �,.,�
<br /> para�t��?7. . `�`
<br /> ' L�. Notica. Any notice to Borrower provided for in this Security lnstrument shall be gi�t:n by deliverir�b it or tc;• . . .
<br /> e�t;:i?1�i�,:t.by 6rst class mait unless applicabte Jaw requires use of another method. The n�ti,;�:ylta(� be directed to the ;.:„
<br /> propert.�'�4 ddress ar any otker address Borrower designates by notice to Lender. Any noticc tc�i�:nder shafl be given by :. 1
<br /> firsi cf:�y��nail to I.ender's uddre�s stated herein or any atheraddress l.ender designatc.,frv notice to�S�rrower. Any notice . _
<br /> providaf��r in this Security L�st�•�rEUent shall be deemcd ta have been given[o E3orrowet�.rr txnder when give:�a».provided . �_
<br /> � in this paragraph.
<br /> iS. Govern�fdq t�w;Serec'ability. This Security ln�trument shall be gaveracd by federal law and thc law oi'the
<br /> jurisdi4-siure in which t12e 1Pro�ty is located. ln the event tf+.at any provision or clause of this Security Insttument ar the
<br />-•--� ' Note clin(fi��ts with appficable taw,such contiict shalt nat:�tfxt other provisians c�'thi�z Securiry lnstrument or the Note
<br />-� " � whic'h�:isi be given eRect without tlte conflicting provisian: Tu this end the provisicn��t�f this Security Instrument and thc
<br /> Note are declared to be se�erable.
<br />-' 16, BorroKer's CoOy. Borrower shall be givan ane conformrd cupy os the Note and of this Security Instv�ument.
<br /> I7. 7ra�der ot tik Prc�erty or a Beeeficlsl Ist�rest in Boero�er. If all or any part of'the 1'roperty a'r any
<br /> ' intetest in it is sold or transferted(or if a beneficial int�roat ait liarr�wer is snld or transferred and I3orrower is nas a natural
<br />-- person)without Ltnder's prior written consent,I.ender may,at its option,require immediatc p�ayment in full of aU sums
<br /> - sccured by thi5 Serurity lnstrument. Hoa•aroer.this option shall nnt t�e eaercisrd b; Lender if eaercise is prohibited by
<br /> federal lsw as of the datt of this Sec:urity lnstrument. �-�-R—�-
<br />- lf Lender eaercises this opiion,l.rnder shal)give Bonower notice of acceleration.The n�tice shall provide a period �
<br /> , t�f not tess than 30 days from the date the notiee is delivered or mailed within which&�rrow�er must pay a�i cums secured lsy
<br /> ihis Scct�rity Insuument.If Rasr�wer faiis to pay these sams prior to the expiration of thiti�ericxi.Lender may mvoke any
<br /> remedies petrttittt�hy tfiis Security insirumetyf wiiltvut fu.the=ac,i':cc nr derssnc!c�n EtittQt�er-
<br /> la.Borrower's Right td ReinsUte. !f Horrawer meets certain coneiitions,E3orrau�er shall ha�e the right tci have
<br /> enforcement of�his Seeurity lnstrument discuntinued al any t�me priar to the rssl�er of:(a)5 days Ior such��tlTer p:rirxi�s
<br /> 1 � applica6le lav�may specify for reinstatemcnt)b�fure Satc��f the Proficrty pur�uant to any pow•er af sale e�mamcd in�h:c
<br /> Serurity Insttemtnt;or f b}emr�of a judgment�nfc�rcing Ihiy Security [nstrument. Thoce condtt�nns are tttat tiurrmcer
<br /> (a) pays Lender alt sums u•hich then a�ould tx due uttder this Security Imtrumeni and thc Nute had no acrelrtauun
<br /> nccurred: (b)cutes �ny dcfauit caf any hther co�cnants or agreemen[c. (C) �3fS S1II Ck�d�C'. 111CUf�CtiJ Itl CfIfOtCiilj!1ti1ti
<br /> 5ecuriEy Instrument,mclu�lm�s,but uat I�m�ted to. sea�nnAte attorne}�s fees:anef Id!take�.wch act�on ati I.rnder may
<br /> reasan�b)y requjre t�az�ure Eh�t tit�I�en��f thi5 5ecut'�t.l !�`+ttument. I�ender'� r�2ht� �n thc Prnpert� and Botr�»tct's �
<br />_ c�bhg,as►on to p�y lhC Sllitt'r �rc:�red bw this SC�UfIi}i ��7B1t1IR1Ct1! shall ca�itin�.c unchangc�l. �'p�si� r�uiatatcmcnt hy �
<br /> 13t�rtcsKet.th�s Secunty in�tr;;men�uqd�he r�bla�iiat�s+�eur,d hCfCF%<<�tal[rcme�cz fuit}etTc�t��:•ati af n��.�.c�irr.rt;��it h.sd
<br /> � ' �ntturfed H�rur:er.th��.n�ttt tir veut�tatr si�ali naf a��sl�fii thc:�ee�=i r��cyt��.+�:<,a,ti,E�der���r�er.a(�h�i;i�r i? _
<br />_, '
<br /> - ._.�-
<br /> �� �
<br /> �` �L � �
<br /> �• �
<br /> . ,. . ,
<br /> :j
<br /> ._ ,�. — -- -- — —— - — — -- — — - -— -- —
<br />
|