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<br /> _„^ar�,;`'�`-� ftLeada�nquired a�ortgage insw�ttce a�a oondidaa of making the loan seeared by thia Seaudty Iiatruma�t. �,—,� k:1�j. °�:.;�'}�,,:
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<br /> ,� '��'�;r�'!�tJ� {mur�anceunMn�iiesie�dutcxwit�8otrowa'�andtl.�nder'saKitten�eemento a tia�bl�elaw.�uireietaatfoteha :.,' �; s�',S�t,��,�P�,,h'�,��,
<br /> � . sh�,;y � '_t ,, r�?,� �, .?.l', .;
<br /> k ` '��>,�, 8. ia�pe�tion. Larder ot ite agent auty aiake reawnabla entdea upon end iospeadon4 af tba Propasty.Londer .- ,`�;�-- ; , , _-
<br /> r� f�;"z��l �Yt siall giva 8osrower uotioe Rt the time otor prior tau�bapeotion�peoifying reasonable eawe ior the impeatioa. �', ;r„i`1,, ,� � ;;t<� :
<br /> .,,:�+..�!��:�rs:�;��,. �. Co�on. '[he ptoceeds of aay�aard or alai�for damagea�diteat ar aaneaquential�in conneation with ,..: ; �i.±�,^t�,`; .`
<br /> ����J'��'�7:.�:�•.��:. �ny aondant�tion or othat takirg of any pact of tha Property�or for aanveyatica in liau af condea�astion. aro beroby � ,. �;.:j>,
<br /> " ! .'. � �• aaigned�ad eMll be paid w I.ander. �•'9�. Y ,':��`,�,,�.
<br /> ' ` ` L '? In the avent of a totai takin of the Pro
<br /> + �;' �. �� B P�Y�tha proceed�ehall ba applied to the sutna seeured by tlti�Seeudty . �; ' ��;��%�, �--,
<br /> r �'' � ' Inurumen�. whether or aot then due�witb any eaoesa paid to 8orroaer.Ia the event of a putial taking oi the Property. •�, .,..,, --t►� ,t '
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<br /> , +' ` �; uuleas Bonower and Lender athe�arfx a$roe i�wtfting,the wme eeaured by chis Seeurity tastrument ehail ba reduced by J' ::
<br /> ,�' rt;; tbe aatount of tbe pro�eeda muttipliod by tbe tollowing fraations(a)the total amouat of the eums eeoured itnntedi�tely �' o
<br /> ;�<<k;' j'. ,!i; betore tbe taktag,divjdod by(b)tbe fair narlcet vel�e of tbe Propercy immediately bafore the taking.Any bata�ea al�all be � ,; . •`' � ;. ---
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<br /> � � � ' Aaid to 8ompwer. �tz
<br /> �i .g � ,,, I t t u e Property i a a b a n d o t K d by B o r roa►ar,o�r U�a l ta a a iice by L e n d e r t o A o r ro w e r e h a t t h e c o n d e m n o r o f l�C S t o � • ��E;r��.��tt��•vl'�`��.�•�•
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<br /> �ty�';';,�f �: �ke an taard or tettle s�lwim for damagas.Honowec tails ta raspond�o I�mckr aritMo 30 daya stter the dete the notic:e is ' r �r,,r}' :�•.c=t '° ,/t,-
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<br /> ;,,�,: , .,'9, giveM Lander is�utbOris�ed to oollect and apply tba prar,eeds,at its option.either to reatarntion ar repair of the Ptoperty ot + �� � r ___
<br /> ,,; r,;.,� �efi���f
<br /> f�; � to the auaa seauured by ti�is Savriiy i�sisument.ahetha or not then due. ' , ;�,y�il • 4 ��'�`.
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<br /> �� ,,.;�, ��' ,.;. LJalesa Landar aad Hotrowe�othetwise aBree in writia8+�Y ePP�tion of praceeda ta principai ahell not eatend or I�� � �,�,���'�{',1.;_ ,
<br /> 7°���z}(�;�',i:4�r': ���QO. Bore�owei N Reka�ed:F�a1�araace B tt.eader N�i Wairer.2 pExtensi�on af thettime for h�yrnent or ::. i�s;:��,•`,lirr. :,�;�,:?_.
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<br /> �y�PFn.•:5 4 S'f modiflcadoo of emortlsatMn of the swaa secused by this Securlty Instrumeat graatod by Lender ta aay suec�essor in ..,� ,��� ,�,�1�7`�,�'7fi�,u:�
<br /> " v�;�;.�,�;''`�• ;aterost otHomower sheil aa►t oparate to releaae tAe liabllity of the originai Honoaer or 8orrower•s euoc�asors in intereat. 1� � j� -
<br /> ., ..:,,;,;,�5�; -
<br /> �,�����+,�,��`� I.ender s1aU not be�equired to commance proceedings against any successar io interest or raftime to eatend time for � ;�j�'„� ---
<br /> , • �,►ic p�yment or otl�erwise madify amortkation of thewc�ueecured by this Security Instrument by ressor�ot'any demand made �' .` ,';,��±`��'V'� :.a
<br /> ,, a a,9 r�'r;�{� by the oti�i�oa!9or��vsr bt Borrower's suc��sson In iptereat.Any fcnbearance by Lendes in exercising any right or ramedy ` ,1�, r� i1,�1�y,�
<br /> , ��:�.;.;s�t1' sb�lt notbe awaivaof o:preelude theexaciseofany dght or remedy. i . , ��s
<br /> ��^>n,:,::�, „ i�:�tfs' �
<br /> , ' 13� �6uo�s and•Md�a Bonadi Jotat ae�d Serenl Li�biUtyt Co�siB+�� The covmant�and agreementa of �, : ;�.�1 ;�'n h ,;,.
<br /> �;.?r�°', ` tbfa Securlty Indtrument shall bind ead bma8t thewccesson aad esaigns of Lender and Aorrower�subject to the provisions , ��, � ,; , t�M� ���•
<br /> �,-�-�,�r S� of persgt�p�17.Borrqt�or`s covcnants and sgttapeitts slsa!!be joits!and sevtsal.4ny Hattrnver who acweigns th1+s S�urity �� � :�t t�� _--� ���r_ :
<br /> t,,'+�{� ,�„� Iastrutr�aat bat daaa not e�tecnte the Nota(a)is co-signi»g tbia Sxurity Imtrument aaly to mortgege.gtant and convey ''��Y�"a':; `,�'�; ' �; �
<br /> `.;��''' ,,,� '�;<. tlutt 8arrowet'a interest in the Proptrty under the tarme of tbis Seau�ity Instrumsnt;(b)ia not petsonally obligated to pay . . �;�,1'�,<:i:��'{;;. ��� ,ti _
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<br /> ' ' ���ti•�'���,� tbe aums secured by tbis Secudty Instrumenc;and(c)agras that Lender ancl any ather 8arrawer may agrea w extend. ,,; ., ;,,�';'��,�,:#r� �.• _r
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<br />- .`„�:: .�ti,�, :I' modity,forbeu or n�alce any accommodatfons with �ege�rd to the terme of this Security Inatrumant or the Note Vvithaat ;�� ,� ,; ,`,�,r� f��.:� �,�y;��_~-
<br /> that Bottower's conaent. t'{;'� s , < < �
<br /> � , � � �f�.•",.:; � ,...
<br /> J�.� �'' � '�.• it, I�a� If the loan sxurad by thh Se�urity Inatrument is subjcct to a!aw which aets maximum loan ��t}); ;, ,, ',,�a'�.�n � �
<br />;'.� ,�>°" };��`r•' ;.. abargas.ana{that isw is flneUy interpraod so tha� the interest or�other loan�charges collected or to be colkcted in �•�; , ''' ;:;..if�:; . �, � ,
<br /> .. .. ,. 1. ''��N�... .
<br /> ;i.;.,v; ;;' .,;• connectioh witb the loat�excoed the permitted limitw then: (a)any auch laan cherge ahell be reduced by the amount ;: �.':�. �. ;: .,:_��
<br /> •,, ,;„ ne�essnry tb teduce the charge to the permitted Uatit;and(b)any�sums already colixted from Horrower which exceeded . ;��,� � .
<br /> ' permitted limha wiit be rr.ttmded to Horroaer. Lender may choose to make this ref��d by reducing the p�Incipal owed s�I;i�' "' ' .,,'� 5,,�-•:
<br /> • " .�,�.;�,,;��? nndar the Note or by tnaking a direct payment to Borrower.if a refund reduces pnncipai,the reduction will be treated as a � '`�_� � 4¢
<br /> :>.� yi�,��;�� � paetial prepaynncnt withaat any PrepeYmaat chacge under the Note. ��:,�� ' ..;,,° '� �t`��.
<br /> �� �� ^+°;:��'' Legiel�don AReeting I.euda's Rig6ts. If enactment or ex irgdon of a hcable laws hes the aflect af " �.;ri�`��'�-` t �,` _
<br /> , .,� 13. P PP� . ..�:�;�::�.,.��. •:�:..��::,_
<br /> r.^:,�:'�,u,,.�.�.,,. ... .
<br /> ..,,,,�,;;�, raideringany proviaion of the Note ar this Secarlty Instrcimer�t unenfarceabte according to its terms,Lender.at it:�ption. i,,.�"' � �t;��,•�;. �r _�• ::�s_s
<br /> � ��: , �: may requlre immediste payment in fut!of atl sums securcd by this Secunty lnstrument and may imoke eny remalies �j�:,�i;; „ � ����6'�-
<br /> pennitted by pacagraph 19•If Lettder exercises this option,Lender shell take the steps specifled in the aecrnd paragraph of (.:„� ,, , � ' '
<br /> ,s �" • _
<br /> „} ' ' Pua6raph 17. , ;1�. ;, �•�
<br /> '� ` ' 14. NoNee�. Any notice to Bonower prov�ded for ia thls Security Instrummt shall be given by delivering it or by �.��,�;`' •� '� �j� � . ` ;� '_
<br /> n, ..; ..
<br /> =;-,�..,.i.. . s:. ,;' .°..; r ,t �
<br /> mailing h by 6rst class maii uniess appiicabie lew requires use of another method. The notice shai!be di�ecta! to the ;• ,,:;,,���.• $,„ ���,,{���,:-°-.__
<br /> +� � �r , Property Address or any other address Borrower designates by notice to I.ender.Any notice to Lender shall be given by .
<br /> � �. ' fttet C18ss mail to Leader's address atattd hesein or any other address L.ender desipnatels by notice to Borrower. Any notice � :. •� ° •• � �� n;� --,
<br />- ' ..��,�' �,: `': �' ptovidedTos in this Security inattument shall be dcemed to have been g�ven to Honower or Lender when given as provided • , :,,;��-,:-
<br /> ,,� , : . � ' inthiaparegraph. � ... . ��,.'�'':
<br /> C�"'� 36. Cg�teraipg I.owi Severability. ThisSecurity instrument shall be governcd by federal lew and the law of the �_
<br />,��,,'.j(%`.li";�"�' i ; �
<br /> ' � �;`�•'���l�:.� jurisdiction in which tha Property is lorated.in the event that any p�ovision ar clauce of this Secunty Instrummt or the
<br /> !'' ..��; ''�t���� • Note eonAiets with applicable law,such conHict shall not effect other pruvis���ns of this Secunty inatrument ar the Nate =
<br /> ., . ;'.;-.,
<br />���;��.••�•� ��-�• whtch can be given effect without the conflicting provisian.To th�s end the pmv�s��n�af thi�Secunty J�sttutnent and the �,
<br />_.�,�,.,�, .,..�.:,;.': .
<br /> ;,;A�•.._,;�.•�;, ;� � Note arede�ieted to be severabte.
<br /> `°'° � �6, 8drtower't Copy. Borrawer shaii be given one confarmed rop����f the Nc�te and nf this Security imtrument. �
<br />'': �';�.��'����`� �' � 17, T�uwfer of the i'roperty or a 8eneflcisi[ntereat in 8orrower. lf all ar nn} pan af the P�aperty or any ,
<br /> ' ` � intetest in it isaold or transferreci{ur if a beneNcial interest m gotrowcr�s,�nid ar transferred and Bc�rrower is aot a natural • ,
<br /> � �'� ' . , personj without I.et►der's prior wntten consent.Le�der maq,ut�t,opuon,rcyu�re�mmed�ace pavment in fu33 of al{sums �
<br />;i'':%, .. secuted by tha Seeurity �nstrument. HoWCYlf,tht�opcton xhall nnt ht exerc�sed h} Lender if exercise is prohibited by r _
<br />.�,;�.'..,`; • . fcderallaNayofthedateofthisSecuntylnstrument • � . :-=
<br /> �'`•� It4ender exercisa th�s opt�on,i.ender�hall givr 13orrc>•acr natice nf accelrraiu+n.Tfie nrntee shali provide a{xtiod
<br /> _.�,t:. . T�'
<br />:::=;.� � ' otnot lessthan 30days from the date�henottce�sdelivered or madrd N�th�n whi�h Hc+rro��•rr must pny a{I cumssecured by _
<br />�""• ' ' this Secunty Instrummt.If 8orrower faiis to poy these sums prior to the exp�raaion nf th��period,Lender may invoke any '
<br /> �,,.
<br /> ., . ;: .
<br />-•i,�_ remediespermitted by this Security Instrument withaut further nottce or drmanq on isocrower. -
<br /> 18.Horrower's Right to Reinatate. lf Horr<iw�e�meet�certa�n condit�onx,8orrower�halt have tfie nght to heve
<br /> . �. � enforeemrne of this Seeurity Instrument di�cemtinued ut ony ame pnor tu the rarl�rr of:(a1 S day�lor such other penaf a�
<br /> ��,,''; �: eppLcabk law may specify for re�astetement>txfnre ule of the Pro�+ert? pursuaat to uny��wer of saie contamed m th�s
<br /> - Se¢unty lnstrument;or(b)entry of a Jud�ment enforang th�<5ecur�ty In+trument 7hose condinons are that Horrower.
<br /> � (a)pays Lender ail sums which than wouid be due under th�s Secern� tnstrument and the Note had no accele�auon
<br /> .. .. acurred:(b)cutes any default of any other coeen�na or agreemenn. �:�pa>,att expense.mcurred m enforcmg th�s _
<br /> • SecuneY Instrument.tnclud�ng, but not lim�ted to, aasonable attorney� ites.and�d► take+wch a¢tion as Lender mey
<br /> ' reasonably raqwre to assure that the tten of thn 5ecunty Instrumem. Lrndre's ngh��s�n the PrnpertY and Borrowe�'x
<br /> ."�'� � obligatron to pay the sums secured by th�s Secunty Instrurc�ere� shale conem�e unchenged. l'pon remstatement by
<br /> .' ' � 8orrower,this Security Instrument and the obl�gat�ons secured Poere1►y tihail rema�n fu!!y effect�ve as�f no accelerapon had
<br /> ,:,�'; ��., . � oeeurred.However,this nght to te�nstate shall not apply�n the case�f a:cetrrar�on under paragraphs 13 c�r 17
<br /> , ; � ,
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