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<br /> � 8�"'f.QS`7��i� : � . .
<br /> �� IP.I.endee�ra�uirod mortp�e inwrance as a aond�ttoa of maicin�the b�n securcd by this S+xurity Instr�mt, .
<br /> � � Barrow�er aball pay the premiums roquired to maintain t�e inaranee i�sd`'act antil auch tima a t�te mqui�t for tbe . ._..._..
<br /> , insurar�oe terminsta in�ccard�nce�rfth Borrower's aad i�ender's�vrittEn a�cement or sppticable ls�►. � �-� � -
<br /> � i. I�qrctiN. L�eader or its a�ent may mske rwa�bk mtria upun and ins�ecNa�of'tba P�y;;Leasder •
<br /> ` ahall 6ive Borro+va nocice at the time of or p:ior ru aa inspection�cifyins re�sonable eause for tba in�oatirm:: �,�;: �
<br /> !. C.anie�tie�. 'T6e pr�ocaeds ot'any a�rd a claim fa damaYes,diroct or coniequcnti�I:in.corinaetion•�Eb . .. ...: .
<br /> ..; my sa�dan�tion a ctliet takii��t�'a►ny p�rt d'ths FYOperty. or fa*�aacc in lieu af condemn�t�oir,are hen6�► �
<br /> �ned aad sUall be p�id tu Lender. � �
<br /> _ �In tlie evmt of i wtal taking of the Property.tlfe proceeds shal!be apgliad io tl�e s�ttmt secured by sl�is Secarity .
<br /> • lnstnunrnE,�ha or not thm due.with any�eas paid to Hurrower-ta tba event af a psr3iai t�lein6 of the Pruperty. .
<br /> �kea Bort+ower arwl I.ender aher�vise asrx in Mritiaa.the suma sacured by tbis Sccisrity�In�tt�tment�shdl�be redw�ed by -
<br /> the amamt af the proceeds multipiied hy tbe follo�ving fracdon:(a)the tetel amaunt af th6 sums socured immedittdy � " �
<br /> before the taicin6,divided bY(b)tl�e fair market vaIue of the Praperty unmedistcl�bcfiorc t1�a W1dng Any bttaace shall be
<br /> ' p�idtoBorrc��rer; �. ' .
<br /> � , If t1�8rogerty is sbandoncd by Borro�ve�or if,aRer natece by Leader to B�srsawr.rthat the condcmnor oacra to . . .
<br /> � m.at�e an aMart��or settle A claim for damages,Borrawer fsits to respaad to Lmder�rithin�30�ays a8er the d�the notIICe is . .. ..- .:: -
<br /> : �a#.Lrnder,is iuthor�zrd tn wllect and aPPty t�e�xqc�eds�st its option,eiibar.W restr�r�t#an.Qrrep:ir�the Property or . , ,
<br /> � w t�e swas secured by xb.i�Security Inatrument,�tre�x�r not then dua : . . `. � :: , . � :;,
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<br /> : U�Lwderaed��,rr�iw►erotEu�riseaareein�rriting�anyspplicatian;r�fpra�aa�st�.g�inc�l�sY�Unote�at . �`f ,
<br /> , . postpone ti�e dsie date of t��tiir�nt�tiv�e�tt�ents reftrnd to in paragrapLs i antt.�ctt��taa�t3�:am���f svch pi��'t+: . : � �,,:
<br /> 10 H�a�rawa Na�,�fl�'�e By I.�der�3i�W��egu. �air�the time for payrrier��or . �,; �.,;;: . .
<br /> ,� , . � . �f'pcada�.-�£an�orti�f:i�:"ci�'vt�s��aocured by t6is Seeui�s*{�3:�tstr�tmessz gi�.xedi��;�,ender to a�,y snccessor in , ..'. -.. :
<br /> ! imih�+rs3�ffi�?�s+awer sba6L �a .. . �.r�steaae the liability of t�te` Barrawer esr H��ower's suc�essors in inter,eat. ` ��"�_.� .
<br /> , � ���... .��'
<br /> ; �i�ti+�er si�l+ai�:;�e rcqui��ta�cnmmer�c:r.praeadings a�:miy success.zc in intere��r refuse C€t e�tead cmm�,e.�acr . ,
<br /> pm��zaent or��se modify�rtotti;�.t�.at'the spms sa.�u+e�i.h�tf�is Secaraty Instrum��G 6��reason of�.y deararx9 ir�,ti�ic
<br /> i � Q�.i�de original�orroMer or Bortower's successars,in iat�rest.Etnq#'arbrarance by Lender in esercising aay righi or remedy
<br /> ' sbartr[not bc s Maiver of or pneclude the excrcise of an�►�t or remcds�:
<br /> ' 11. S�ccaron a�d Aai�ne Bornd;JoWt snd Se�r„rsl L�bWty;Cd•dgnen. The covenanu and agrarnents of �
<br /> this Security Instrumrnt shaU bind tnd�e»eflt the succesoar.�and�sacigns aFLender and Borrower,subject to the provisions ,`�
<br /> af paragraph 17.Boamver's covenantt;aad sgrcemaneu sholl be joint and several.Any Borrower who co-sign�this Security ' _
<br /> � Instrumcnt but das nat�ecute tbe Nota:{a)is co•s�tiltg tlris 5ecuritq h�strumsnt only to mortgage,grutt snd convey �
<br /> that Bonower's interest in the Property under tho tmms of thia Security Instrument;(b)is not personally obligatal to piy
<br /> : the sums secnred by this Security Instrument;and(c)�agrees that Lender and any other Bonower may aga to eatend,
<br /> , modify.forbar or ttu�ke any accommodations with regud to the tcrms of this Security Instrument or the Note without
<br /> ths�t HonoNer'sconsent.
<br /> '� 12. LoM CMr/a. If the losn securod by this Security Instrument is subject to a law which sets maaimum losn
<br /> eharges. and that lawr is finally interpreted so that the interest or other laan charges collected or to be collceted in
<br /> ` connection with the loan eacad the permitted timits, then:(s) any such loan charge shalt be reducad by the amount
<br /> neccssary ta redvice the chargc ta ike germitsed limit;snd(bl ars�suzr.s alreesi�r.ullxt�Prout B�rr��+•rc�which excaded � __
<br /> , permittod limits will be refunded to Borcower. Lender may choose to make this refund by redccir.�t�e principal owod
<br /> under the Note or by making a direct payment to Bonower.If a refund reduces principat,¢@��seda��taon wilf lie treatod as a
<br /> . putial prepsymrnt without any prepayment charge under the Note. �
<br /> � 13. l,eg�piHo� A1ketLg I.eMder's Righb. If enactmrni or eapic�*.�r.� cr�a�plicabte laws has the effect of '
<br /> rtndering any provision of the Note ar tkis Security Instroment ur�enforceable a�ccs�r�iag to its terms,Lender,ai its option� �
<br /> � may require immediate psyment in f�i:�.4@'aiI sums secured by this Security Instrument and may invokt any remedies
<br /> pesmittal by pasagtaph 19 If 1,tnder ex_��ses th±s�ption.Lend�shal l take cke steps specified in the second paraRraph of
<br /> p4ragnpb 17. ."��-
<br /> 14. Notica. Any notice to Borrower provid�d for in this Security I:,strument shall be given by delivering it or by
<br /> mailirtg it by first class mail unless ap¢Iicable taw requires use uf another methad. The notice shall be directod to the ��
<br /> Property Address or any otl�er address Borrower designates by notice to l.endcr.Any notice to I,ender shall be givtn by .' -
<br /> first clsas mail to Lender's addrcss star�3 hertin or any other address Lendcr designates by notice to Borrower.Any noti¢e �; �.;
<br /> , pmvided for in this Security Instru�rent shall be damed to have ban given to Borrower or Lender when given as prn��ided ---
<br /> . in�his paragraph.
<br /> , yS. GoreraitiQ I,oN;Sererability. This Security Instrument shal!be governed by federal law and the law of the
<br /> ; jurisdictian in which the Properiy is located.In the event that any provision or dause 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 /> , Mhich can be given effect without the con}ticting provision.To this end the provisions of this Security Instrument aad the
<br /> . Note are dcclared ta be severable.
<br /> � 16. Borrower'f Cooy. Borrower shall be given one conformed copy of the Note and of this Secusity Instrument.
<br /> �� lT. Trushr ot tYe Property or*Be�ticW I�terest fn Bonower. If ali or any part af the Property or any �
<br /> ; interest in it is soid or transferred(or ifa Ixneficial interest in Horrower issotd or transferred nnd Borrawcr is rtot a nntara!
<br /> ptrson)without Lender's prior written�.��nsent,Lender may�at its opiio�,require immediate payment in full of all sums
<br /> . �:�rcd by this Security In�.trumez�t. Ff:,wevtr,this option sheU nai be eaercised by 1 ender if exer�ise is prohibitec!by
<br /> � Peii;enllawasofRhedatec�fcftisSecuritr:��sirument. r-�=-
<br /> ' If Lender ezercisas this optior►;1��der shall give BonoK cr notiee of aceeleration.'I'he notice shall provide�p�ric�d �
<br /> of not less than 30 days from the datc tluemotice is delivered or rtssil�d within which Borrc«�:r rnust pay ali sums stser�ci by i
<br /> t:s+s Sccnrity Instrnment.If Borrower.�;s to pay tt;ese sums psi�:s�o the expiration of this period,dxnacr may invoke any � �
<br /> � �cedies lnermitted by thisSecurety[ast.-ument without further notice or dema�-L�qn Horrower� . , '
<br /> . 18.8orrower's Al�:to Rei�t�te. If Borrower mects certain r,�ndi.:i�,�s.E3ar.ower sha!i i�:s•r:e the right tU have � ' �
<br /> . ' aiii�f�ement of this Security�,�nstrurr,�en.t discontinued at any time prior to the ear:.er�:f,faJ-��ys�+�'svcfr othc�r period ati
<br /> ' a�pl�.w�flc law may specify for rcinstatemcnq befare sale af the Propeny punuant to ur,,:�:�r�ucr�('�satc cant.iined in this
<br /> L„ 'Sc�.u:�►ty irtstrument;or(b)entry of a judgment enforcing this 5ecurity fnstrumcnt.'I'hose cvndit;us�s are that Hortowcr:
<br /> - (s)pgys L.ender all swns which ti►en would br due under this Security Instryment and the Note httd no acreleration
<br /> occuned:(b)cures any default of any other covengnts ar agr�ements;(c)pays all expenses incurred in enforcing this
<br /> 5ecurity Instrument, inctuding,but not limited to,reasonabin attorneys'fees: and(d)taAc�suci�acliun as Lcrtder��n�y
<br /> rasona6ly �equire tn assure that the lien af this Security instrument, Lender's•nghts in thc Pr��perty and�Rc�rr�»�cr'� �
<br /> abltsa�ion to pay the sums secured by this 5ecurity Instrument shall cunhrtue unchangeJ Ur.�n•�re+���:tatemcnt by `�
<br /> Borruwer,lh�s Security Instrument and the obligations secured hereby shni{remam fulty effecavc a�:�t'n���acrefcrat�un had
<br /> c►ccurred.Nowever,this nght to remstnte shnq not upply in thecase uf accrlerat��m under p.ara�raphv i.?.m' 17. ,_ .
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