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<br /> . 1�� 10'�354 �
<br /> ��h��:� 90-- �.�.
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<br /> •, , . ..<• ,�,• If�da,raquired mortga4e insu�ance us a condition of makin�the loun sccurrd by �his Secunty nst�umen,
<br /> ���
<br /> : .,..�:.�.... . .
<br /> i ,- ^ _ ;;,,, � . Burrower�hull puy the premiums required to muin�aio the inxu�ance in e�'c�l until�uch timr as the requirement for t e - -^—
<br /> � ' . insurance tetminates in accord�nca wYh 8ormwer's And Le�der's wrnten ogrc�n�em.x appU�able�uw. �-
<br /> !, lnspectlon. Lender ar�ts agent may make rea�anp b le rntries u p on And ins p e cti��as uf the Pccperty. l.ender
<br /> � ahall give Borrower notice at the time of ar prinr ta An inapection specify ing reasonuble cause fnr the�ns{xctian• , °'�'�_.,.�'q�rr.��a,l, ,�
<br /> � 9. Condemn�tlon. The proceeds M�uny awurd or claim for darnages.d�nCe1 inr lieu of c ndemnnti nn ure�hereby �M-- -'
<br /> '� any condemnation or other taking of any pan�`�he Propeny,or far conveyo �_�„�,•:���
<br /> . „�...3.,�.,�.:,
<br /> �►ssigned nnd shall be paid ta Lender. ��' =•:.iy--�+�°^�i•.•.��
<br /> ' In the event of a total 1Aking of the Praperty,the proceeds shull be applied to�hr.um�+rcured by this Security ��_..��s
<br /> w....
<br /> � • r .� M..�,._:.-
<br /> Instrumcnt,whether or not then due,with any exccss paid to 8arrower.l�the event of u paniul�uking��f�h�P�u�rty, ��e���
<br /> ��r•� �� uekss Borrower and Lender otherv►•ise agree in rvn�ing,the sums secured by this Security Instrument xhall be reduced by
<br /> �:��":;
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<br /> _►,:..,,-�:.,:,. �..-:
<br /> � the annoum of tbe procer�s muhiplied b} the foitowing Pr.+ciion:(s�l t!u tatal amuunt of the�umF secured '►mm u+te y �. :..:�
<br /> '.(%';��:',�,��`;r.�•�., .
<br /> ' �� before�he taking,di��ded by(b)the t'air market value oi'Ihe Property�r+�med�«�Y�`ore the taking•Any bal•rnce shalE Ee •�•„�'.:�;������. -
<br /> . 1':' .' paidtoBorroa•er. r.,. . ...,�.��..,�,!s�.�..
<br /> � ��;`^ IP the Property is abandoned by Barrower,or if,uPce�noure by I.ender to BoROwer tha�the condemnor��fle�s lo . . .. . .,.._.�.��,�:
<br /> ` :�:,� make an award or settle o claim For damages.Borrower Pails to res�wnd to Lender w ithin 30 da��s aRer the date the nut�ce is ,� � , ,� � ���
<br /> ..,,�,:,;:�'�.�.;> . . _.,...
<br /> given.Lender is autharized to colleet and apply the proceecls.at��s QPuu�•Kuher to rrcturuti��n or rc��r i1P thr Proprny�r .}`—
<br /> `�' � �`'''' � to the sums secured by�his Securiry Instrument,vehethe�or aot then dur. —
<br /> � � � Unless Lender and Borrower ot herwise ugree in w r i t m g,un J u p rlic�tion��Pproceeds ta prinripal sball nat ratend or � "�''`;,;::
<br /> • ;�'s •� postpone the due date oP Ihe monthly payments referred to ia p�ra�ra�+h�1 and 2 ar change�he umount oP such puyments. : ,.,,;,-,-
<br /> 10. Bortower Not Relea�ed; Forbearance BY �h�r Not a N'Aiver. Ex�ension of the�ime far puy�ment or �
<br /> ��,
<br /> � madification oP amortizatian oP the sums secured by this Security[nslrumeM gn�nted by Lender to uny successo�in ,.1' .I'j—
<br /> � inlerest of�rrower shall not operbte to release the liubility oP the onginal B�r�ow�er or Horrower's xucce�uus in interrst. r f�,�`'`
<br />' � Lender shall not be required to commence proceedings against any cuccescor in interest or rePuse tu extend �imr Por ;.;, ` .'?;r�` "`""•.-
<br /> . .�•,,�_�:,:��r�.��.�;
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<br /> payment or othenvise modiiy amortizution of the sums secured by this Securil�•lmtn►ment by�reuscm af uny demund mude ,r:;' t� _
<br /> • • -• hy the original Borrower or Barrower's successors in interest.Any forbeu�t�ncr hy l.ender in exerc�sing a�+y right�r remedy �
<br /> 1 shaN not be u waiver oPar preclude the exercise of nny righl��r remedy. y�,�_
<br /> ! !!. S��cc?���d��apns Boand;Joint and Seve�l UabUity;Ca•ai(Rners. Thc covenams And ugreements af �;•.;: ;`'{�.t'
<br /> .r � . ;��,-=
<br />" • , 1 this Security Instrument shuU hind pnd beneflt the successors and us+i�n.i�i'Lend�r<".�;.'Horrowrr,sahject�o the provisions : ,:r.�
<br /> • ' •;, oPparngraph 17.Borrower's cavenants and agreements shall bc:joint and�everal.Any Borrower whoco-R�BAnt und�nvey Y�' . , ...:�;;_'�;
<br /> ��r,;;,;,�y; lnstrument but does not execute the Note:(n)is co•signing this Securii�� lns�rumrnt only to mortgag�.g �,,,.,i.,ti
<br /> � ���'�`'�1 '.:�-;�;`�,. ' tfiat Borrower's interest in the Nio�rly under the terms�f this Secur�ty I nstrument;lbl is not perumally i�blignted la paY Iw . ;
<br /> , ree to eatend. ! � ';5�;. :.,
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<br /> � • ,,,;•,;. S� , t+he,ums tiecured by thi�Scrurit}�Inslrumenr,and(rl a�ren thut Lender and �n� �dher Borrow•er muy ug ,.:
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<br /> .. •� '�;�'�,;, mcwiiPy,forbeAr or make•rny a:cnmmndutiom with regard to thr terms of this Securi���Instrumem or the hateµ•ithow ` . ,.
<br /> �'�•1.'1,�.�.�` thatBorrower',content. ''�, ,�.'. r-�i•���',��:�,:
<br /> • • • �Z, Loa�Ch�rges, IP the loan secured by this Srruri�>• Imirum�m is subJrc�tn a luw w'hirh sets muximum loun ' ,i;;!:.!+�;`,:,; .
<br /> , ,,,,. .
<br /> ,;•��,..,,;s;:., •;, ,,, •. . charges. and thut luw is flnally interpreted so that �he in�ercwt nr nihrr loan charges c��IlectrJ�,r to l�e mllctited in ,
<br /> ,•���•• connec[ion with the loan exceed the permitted limits,then: la) an}• �uch loan char►ze rh�ll t+e rcduced by the amount
<br /> � .•���{,:;i,�' � neces.cary to reduce the churge tn the permiHed limie:�md(b)any surns ulre�dy collected from Barrower which ezceeded .
<br /> ' ,� ' . , permilted limits wdl be refunded to Borroa�er. Lender may chcx�se tomuke thiti refund hy reJucmg the r�in��pal owed
<br /> .� • under the Note or by muking u direct ra}ment to Borrower.If a refund reduceti pnncipul,thc rctiluction will be�reated as a �
<br /> �' � ' �� partial prepayment withaut any prepayment charge under Ihe Nate. �
<br /> • �;r;�r�.;a; ;' ',;���° 13. Ix�eislallon AReetinp Lender's RiRhts. If enactment or rx��r:�n�� �,r:►�ru�uni� laws has thr �H'ect of
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<br /> ; � ��t- �•� '�����f. randering uny provision of the�lo1e or this Security I nstrument unenfbrceuble acr��rding to itti tcrms.Lendrr,sn rts i�pti�m.
<br /> ' � t�'i�•�:r�,�`�,�• <�,��,!` m.��require immediate�a�mem in PuU uf all .um� secured by thi�Sr.cun�y Intitrumem and may invoke any remedies . ,,
<br /> ' `.' '•`^t •��<<• :.� �����ed by paragraph 19.11 l.ender cxercixc�+this op�i��n.Ler,Jer xhall t ake the steps s�ecifird in�he second p��ratraph of �,, ,
<br /> �.,•,�. ,:�
<br /> • ' :.'.',','': Pa�egraph 17. •,
<br /> , . ' :��,;y 14. l�otices. Any noticc to Borrower pr��vided for in this Security In+lrument rhall be given by dclivering i�or by
<br /> '' .� �'';..,
<br /> /i{�+�•. ' ' mailing it by(int rlu�s mail unlr++ upplicuble law requ�res usr of another method• ?he niince.hail lx directeci tu the !,,
<br /> � • f.''�: Property Address ar um nther uddrr+�Borrower de�ignates h� noiice tc�Lendrr. Am•nutice to Lender.hull t�e given by ;,., ,.
<br /> .,�...; ..
<br /> �':•�f�;„��• ' first clnss mail to Lender'.uddrrss titated herein ix•rny��ther addr�Ky Lender d�signulr�by nolice t��9cxrower.Any notice � •
<br /> , . l�':`� • , •. , provided for in this Seruritc lnstrumem Shall Ix decmed to ha�•e hcen Fi�en�o Horrower ar Lender when given us provided , ,
<br /> ' in this paragrpph.
<br /> ' ;e��'.i''�, � 1S, GoverninR Iaw:Sever�bility. Thiti tircunty ln�trumeni�hall hc g�nerncd by frderul laa•and the law of the ;
<br /> '?• � " ' jurisd�ction in which thr Prnperly iti I�xnted.In 1he event ihai an�• pmvi,iun or rlau.e u1'this Scrunty Imtrument or the ;
<br /> Note ronflicts with appluuhle law..uch c��nflic�+haa1 nnt�ifi'ert o�her t'r°vi`i"n`�`f th�+5rcunt}•In�t�umenl ar the Note
<br /> " which cun Me¢i�•en rflect��•iih�ut thr ronfluting pnwiw�on.7o thu cnd the rrov�,�om��P Ihi�5ecunt� Instrumcnl and the � ,.'�,.
<br /> Note are declarz�t to be zevrrablc.
<br /> . . , 16. fZorrower's Capv. Harrr��er�h��ll tx Ficen�me a�nf,,rrn�d ���P?��,f the N„te�nd��'�hi�S�tiurity In,trument I
<br /> � ; ,t��; 17, Traoste�uf thr Prape�ty or 3 BeneNcial Interesi in F3orrowcr. li all or:�n} part uf thc ProExriy ur•rny ;;�1' ;,
<br /> I ,,
<br /> ' �' •:�.,,.:,.,,. rotere�l in it is suld or tc;�nsfcrred(�,r if a lxnefirial�erer��t m Bi�rrnvicer�,ti�,l�ur trantifcrred und Hurraa•er iti ne�t•r nawral ;.' .
<br /> ,, •t;'. '� i. � nonl wuhou' II.ender'�Fei��r W�nuen r�,ment,l.cnder may.at n� :�pn�,n.rrqu�rc imn►cd�a�c�+aymenl in tuU��f all wms .
<br /> �.�.rt�,',}�.r, .�;:�t•,r• � .::�'� .
<br /> ' •�:.;,��;,,�i..;:�`�. �e�ured b� Ih�+5cwurity Imtrumrm. H�,w•c�•er.�hi�n�uon .hali n.n hc c�c�ci+�d hy I.cndcr�t'rxercitie��pr�fiibited hy ►. .
<br /> � ''. '�'`���•�'�+`� •: feder�llaw�•��t'thedate��fthiti5erurn} In,�rumcnt.
<br /> �,.. J .
<br /> � �' � If LenJer rxerci�e��h�s upu�,n.Lrndcr+h:�l:gr.�&,rn,k•rr r, urr ut'��cclerauun.'1'hr n�,ucc tihrtl�+nn�de��tr�oc�
<br /> . ._.i..�.......,,�.,�.,,:��Ird N it hm w h�ch liarro�crr mu.l p��>•ull�um:�±ecurad h} , .
<br /> i►f not les+thun~Ud:IV�Ifom 1nc uair.ii�c i�.:tG::�...�..._•_-. .
<br /> thi+5�wunty Imtrument.lf&�rr�,wcr fc�d,�o pay i}•�,t�,�m.pnut tulhc cap�niuun��f thi�peri�ul.Lrndcr may ;r�•,icc any
<br /> remed��permittrd b}�thi�tirrunty In�trument u�tfiout furthcr nnuccnr d�mand un H��rn.���cr. ;
<br /> IH.Borrower's RiRht to Reinstate. If Horrow�r mec��certam �nnditu,n,.Hurr��wcr�hall hu�r the n�eht tu have . .
<br /> enforccment uf th�+Serurin In.trument duc�munurJ at:m>�ume�rmr tu�hr rarhrr��1'��a14 J.�y.�„r,urh uthcr�xruxl.►�
<br /> ;�pphr�hlr law•muy ,p�c�fy f��r rein�tatemem 1 txfure�:�Ir ut'Ihc Pr���xrt� pur,uant t„any���wer�,I'wle c��nturoed m �hi.
<br /> �tCUf1I)�(Il\lf11I11CI1L��f(F�cttlf} �,E a�udgrnent enf��r�nt�thn ticrunt� In�trumcnl rflN�r:���ttc11lN�tri:1�t Ihat Bi�rmWCr�
<br /> (:�1 pa�� I.endrr all�um� Khi�h thro w��afd hr dur under th��Se.wurrtc In,�rumcn� ;ind �hc tiolr had no arcrlrraunn
<br /> �.ccurrc�i. Ih)curcti any defaul� �,f an4 �,ther .,,�cnrrtn�,r r�e�emcnl�.1�1 pa>•all r��xu.c� mrurred �n cnli,rr�ng th�r
<br /> 5ecurity In�lrumcnt,mcluding.but n,u lcm�trd t��.rra.�m:ih[r.ett.,ror):frr�. and IJI �akc,wrh acuan :�� lxnJcr may
<br /> reaumabh• reqwrc lu��+ure Ihat Ihr hrn af th�� �:unr� Imrrurnent. I.rndrr'.r��tht� �n thc I'm�xrty� aod Fkirruwer'ti
<br /> obhRau�m t�, pa>' the tium� ,ctiur�d b}• this Se�unty lmtrum�nt�hall c��nunur unrh�nged l'Fxm rrm�tatement by
<br /> � �rruwer.thi�Serunty Imtrumcnt and thr„bhgauan�«YUreJ herehy .h:dl rrmam full� rflicn�e a��f nn acrclerauun hrJ
<br /> � �xcurrecl.Haxr�er.�h��nght 1��re�mtn�e+hull ni�t upply m thr rr,e ul accelrranun undrr paraRruph�13 ur 1� .
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