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<br /> _('� If��e�ired wiort�a�i�urance as a condition.of making the toan secured by this Security InsuumenG •
<br /> �� , Bonawr w�is ft�r�d to maincain�he insurance in efftcc untit sueh time as the requiremenc Par the
<br /> insun�e te � fice�`i�iih�orrower's and Lender's urritaen agmmrnt or applisabk lat�. .
<br /> • d �_ ; ..�nt mdp make reasottable entries upoa�nd�inspections of the Prcperty. Lertder �
<br />�. � shali give Borrower notice at the time of or prior to an inspection specify7ng re�somble cause for the inspection. .
<br /> � ' 9 Co�ie�tio�. The proceeds of any award or claim for damages.dirert or consequmti�.in conneetic�n with
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<br /> � any condemnatios or other talcing of any part ot'the property,or for conveyance in lieu of condemnation,are hereby � �
<br /> , usigned and shalt br pYid to Lendrr.
<br /> � Irt iha evrnt of a total tsking of the Prc�perty,the�proceeds shall be applial t�the sums secured by this 5ecv�ty� '
<br /> Inst�umtnt,Mhether or not then due,aitb any excess psid to Borrower.In the event of a putial taf¢ing of tha Praper3:,�� � �
<br />_ � �ir�tess Bono+ver arxi Lender othttwise agtee in writing�the sums secured 6y this Security Instrument shall be reduce�6y �
<br /> + t�t�amaunt af the Frocads multiplied by the following fraction:fa)the total amount of the sums secnred immediateiy , �
<br /> before tlk talung,divided by(b)the fair market vaiue of the Propertv imraediatety befare the taking.Any balsnce sliall be
<br /> paid tn&►rmvver. .
<br /> � � If the Propecty is aBandoned by Borrower.or if,after notice by Lender to Borra�er that the condeatnar alfers to . '
<br /> `. sntice u�srvara or settk a claim for damage5,Barm�ver faiis tu respond to�endtr within 30 days aftr.r thc date thc r��tisa is � � ��
<br /> � give��Lender is authorized to collect and apply t7fe procads,at its option,either to restoration or repair of the Property or ' '
<br /> . . , �tt�e sums securod by this Socurity In..it�ument.whether or not therr dua
<br /> � Lfnless Lrnder aad Borro�er o�ise agra in Writing,any application of procads to principal shall not ex.ttt�d or
<br /> . �aostpone the due date of the monthly payments aferred to in paragraphs 1 and 2 or change the amount of sucb.F��:ments. �
<br /> ,` , . . 10. Borrower Nal�.lZeka�ed;Forbearn�ce By Lesder Not s Wdvet. Exiensioa of the tiase for pafm�eat or
<br /> �.a�dificatioa of amartizat�%-rr.of the snms seeured by this Secnrity Instr�ment granted by Lendes tn any suacessor in - ,
<br /> - intaest of 8orcower shalP,sa�t vperate to release the liability of the ariginal Iiarrower or Barrower's successors in interest �
<br /> � Lrnder shall not be required to commence procaedings against any successor in interest ur refuse to extend time for
<br /> payment or athcrwise modi.sjr amortizatian af the sums secar�d by this Security Instrumcnt by reason af any dtmand made , .
<br /> ; by the original Borrowec�r BorFOwtr's s�cee,�r�ir�antuest.Any forbearance by Lender in exercisirs��.ny right or remedy � �
<br /> sball not be A vraiver of or prectade threaercise c�au�right or remady. • ,
<br /> � 11. S+�ce�oes ad Assi�s 80��Joi��ad Se�enl Liatiiltty;Co�ers. Tbe cadcaants and agra�ee�nts of �
<br /> tlris Secu:ity�,'�rsstrnmtnt si�ali bin��b�neQt the successors an�i usigns of Lerrderand Borcower,sabpctt ta tiic piorisiQns —
<br /> :� . of paragr�p�Y'�.BonowePs cov�;�t�aad agraments shall tie�ait an8 sevsrai.Any$orrawer wha c�o-signs tiiis Se�carity ' .
<br /> ;�' �� Instrument but does nat�e�,ecute thr�1�Tote:(a)is co-signing this Securit5r�:nst.re�ment only tu niartg,�gs,grant and com�ey.: �
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<br /> , that Bonower's interest ita t:�ne Property under the terms of this Security�Li�stt�-�menl;(b)is not persvrti�slly obligated to pay
<br /> � the snms secured by this Security I�rsr.cumant;and(c)agees that�I.ende���3 any ather Hturovver may ag�ee to extend,
<br /> " rnodify.forbear or makt any aceo�r.rr:a�atians with rcgard ta tH�terms of�this Securi2y.�astrument or the Note without �
<br />� that Bonower•s consrn�. .
<br /> ; 1Z. La�e GUsr�ei. Ii the loan stcured b�this Security lnstn�ment is subject to a law wh�h sets maaimum loan
<br /> + charges. and that Ixw is finally inttrpretod so that the interest or other loan charges collxte���xs to be collected in
<br /> _ � C11iSnG:af�ii�'fi�i iiic IG�'i EwCc.?�i 2�y'f2?ISiiit� jiTijlt"a�Z�i�213:�1�BiSf SiK1i j08is C�ias�c 5�ajj�iictsci�7�cii vj�tjiB d�TiariIili -- - --- —
<br /> �� necessary ta seduce the cfiarge ta tiu�ermitted limit;and(b)any sums already coliected from Horrower whirR c:��xeded
<br /> Fermitted�:ru�:s will be refundcd tar�nower. Lender ma���chsx�se to make this refund by reducing the prini;�-,�i owed ., . .
<br /> �' :i*!der the Note or by m�:�e,�a diroc�paymrnt to Borrower.If a refund redzt.�principal,the reduction will be treated as a � , ,
<br /> ! �rtial prepayment withcr�,�i�ny prepayment charga under the Note. ' �
<br /> i . 13. Ltgfst�t� ,�Bet�ti� Lt�tde�s Rigitt� If enactment or ex���ration of applicable laws has the effect of ,
<br /> i " rendering any provision ol'the Noan�x this 5ecurity Instrument unenforceable according to its terms.Lender,at its optior, `
<br /> i: � ..... ... . � o..�� .»,. s... . c..,...«... r ,e • .. .- � –
<br /> - ,, uiuj •.:yi3Fi�,iiiauaaa�ps�.y'ia�itt�,icc iis�v��vr nu oij��w a.�lii�v� ��j�.s�.uwaa� •i35iiu�init's aitu tiiA�iit�vw�-D1iJi iCtitIGYI� � ., - .._.
<br /> . permitted by paragaph t9.If Lcndet exercises tk�€Qption,Lendor shall take thc steps spocified in th.a second paragraph of '. �-
<br /> paragraph 17. �... ' ' , .
<br /> , l�. Notkes. Any aotice to Botrower provided for in this Security Insirument shall be giiesc��y delivering it or by �
<br /> mailing it by 6rst class mail unkss appl:cable law requires use of another method. The notice shall be direct�a#to the ,.� -
<br /> Property Address or any uihcr address Borrower designates by natice to I.ender.Any notice to Lender shall,�'�g;ven by . -
<br /> first cl�ss mail to ixnder's�ddttss statod herein aa�sny other address Lend�r designates by natice to�orrow�r.��ay notice
<br /> pruvidtd for in thi�Security instrument shall br d�rm�d to have been givers r.o 8orrower or Lender K 1�-�n given as provided T
<br /> in this paragv�ph:
<br /> � 1S. Gq�ttni�I.tw;Se�ertblility.• Tttis Security Instrument shall be governed by federal law and the law of the
<br /> _ jnsisdietion in which the Property is lb�atai. In the event that any provision or clause of this Security lnstrumcnt or the �
<br /> Nbtt conflicts with applicabk law,such conflict shall not affect other provisions of this 5ecurity Instrument or the Note
<br /> � 'I whir.h can be given eRect Mithout the conflicting provision.To this end the provisions of this Security Instrument and the
<br /> - Note are dec�ted to 6t sevcrable.
<br /> ` � i4. Harrowsr's Copy. Borr�vves sfiail Ese given ane conformec!copy of the Note ancl of this Security Insteumenr.
<br /> ' 17. Trmutet ot the Property or a Beuef'sc'�al I�tueat ia Borrower. If all ar any part af the Property or any
<br />" interest in it is sold or transferred(or iia beneficial interest in Borrower is sold or transferred and$orrower is not a natural
<br /> person)without I.ender s prior written consent.Lender may.at its option,require immediate payment in full oPall sums
<br /> secured tsy this 5teurity I�tstrumrnt. However, this option shaU nat be eaercised by Lender if exercise is prohibited by
<br /> fedenl iaw asof the date of this Security Instrument. --------
<br /> � If Lender exercises this option,lxndtr shall give Bonower rtotice of acceleration.The notice shall provide a periad �
<br /> oPnot kss th�n 30 days t'rom the date the notice is delivered or maiPed within which Borrower must pay all cums secured by f
<br /> this Security Instrumrnt.If Bc�rrower tails to p�y these sums prior to the expiration of this period,Lender may invoke any , �
<br />� temedies permitted by fhis Security Instrument without further Rotice or demand on Borrower. � �
<br /> lt.6orrower's Ri�t to Ret�ttatt. If Bonower r�eets certain conditinns,Borrower shall havc the right to ha�•e ,
<br /> es enforcement of this Security Insttument discantinued at any qime prior to the earlier of:(a)5 days(or such other periad as
<br /> applicable law may specify far reinstatemtni)before sale di tht Property pursuant to any pawer of sale cantained in this
<br />� ! Secutity Instrument:or(b)entry af a judgrsient enforeing this Security lnsirument. Those conditions arc that Borr�wer:
<br /> � (a) pays Lender all sum�which then would be due under this Security Instrument and the Note had no acceleratiou �� "'
<br /> occurred;(b)cures any default of any othfr covrnants ot agrcements;(c) pays all eapenses incurred in enforcing this
<br /> Srcurity lhsltumcnt,mclurling,but not limited tv.re25onable 3ttorneys fees;and(d)takes sueh 3cti�n as Lendcr may
<br />� reasonabJy requite t�assure that the lien of this Sccurity Instrument, Lender's nghts in the f'raperty and $orrou•er's
<br /> __ abligation to pay the sums secured by this Seaunty Instrument shall cc,ntinue unchanged. Upon reinstatement by � . �
<br /> �orrowEr.this Security Instrument and the a6ligatians sreured hcreby sltal!remaan fully efferti��e as if n��acreleratic�n had . ,.
<br /> aeturred.NoK•evtr,this right to reinstate ahall rtot apply in the case of acceteratiESi►urider{�ar�graphs 13 or 17. .
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