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<br /> ' i If I.rnder raquirod mortpQe insurana a s condition oi mRkin� ttie Iwn�ecured by ihu S�ocuOdiy T'ns�ru�man� �,___
<br /> Borcower shdl p�y the premiur�u requi r e d to m w int�in t h e insu r s n o e i n e t f e c t until�uch time a the r o quireme�t for the
<br /> �' insuronce terminatcs in accordance with Bunnwer's and I.eader's written�grcement or applicable law. � "��-
<br /> �_- :� - - ,.._._.
<br /> ' 8. Ins�ecHon. [.ender ot its egrnt m�y make res:oaable entdes upon and inspoctions c�f'�he Property. l.ende� ��__
<br /> -. � shdl�ive Horrower notice st the�ime of or priar to s�n in:poclian speciPying reaion�ble cause for Ihe inspoctian. �;:��.�
<br />- '� 9, Coadewttlon. The procads af any ewrrd or cl�im Por damwges.diroct or consequentid,in connection with �,�=�ry,_,
<br /> any condemnation ar other taking of any put of the Propeny,or for conveyance in lieu of c�ndemn�tbn,arc he�eby
<br /> '� �igned and shall be paid to Lrndee. —i.:_—
<br /> l�the event of a total raicing of nhe Pr+�penY�the praceods shwll be applied to the sums securod by this Socurity p;�•,--_.�-
<br /> �..:.n=�'
<br /> lnstrument,whetfaer or not then due.w�ith aa�r ex¢as p�id to Borrower. In the event of a partiat 4aking of the Property, ��L,�—---
<br /> unless Borrower and Lender aRherw�ise agree ie wnrieg�the sums secvre�bY this Security lastrucnent sliall be reduced by o_
<br /> .. � the ymount oi�he procc�eds multiQlied by the falbwing G+�ction:(aD����amount vf che s�s secumd immodivtely ._„r
<br /> n � befarc the w�icin�.dirided by(bD the fair�aarket value oithe P r a p e r t y imn�edi�tely beforc tee ta�i�,AnY Dalance shall be = ---
<br /> � .-- - p�id to Borrov��er. �- -
<br /> � l f t h e P r o p e r t Y i s a b a n d o n e d b y B o r r o w e r.o r i f i.aiter rwnce b 7 l.ender to Borrowre thwt tb�e coride.�macTr v�a's to �-- ��� T�
<br /> •t, ' '. ._:e�._
<br />•� � malce an awaid or settle a claim for dama�es,Borrower fauls�o respoed tv 4ender within 30 duys aPter tlse dace t A e naice i�
<br />� .. i� . given.Lender is�wharized io col�ect and appiy�he pruc�dls.at ics of+t�.either to restoration or repsi�oitl�e Pr�operry or �,•° � _,__
<br /> 1'�,.!;:. :��:.', �;...��' totliesumssecuredbylhisSecuritylnstrument.whetherornotthendue. . •
<br /> r' Unless Lender and Borrowe�otherwise agnee in aritiag,anY aPPlication of proceeds to principal sh�ll not eatrnd or ..`
<br /> t .,,.`�:`'`''S; .
<br /> '�,�•�•• ' postpone the due date oP the monthlp payments rcferred tv in paragraphs 1 ond 2 or changc Ihe amount of such payments. ' ���..�;
<br /> ' • �.t��;;.;��;,;'�
<br /> �v�• K�' 10. Borra�er Not Rekated; Fo�e�a�ce BY l.end��Not a Wdver. Extension aP the time for payment or � -:
<br /> �� �}'•!, �q ', �';�_'i'ti,'� modification of umortizution of the sums�rarcd by this Security Instrument grnnted by Lender to any successor in � • � '
<br /> �••{¢:;:�, a., ° ;;, i n t e r e s t o P B o r r o w r r s l►A l l n o t a p erate to rekase the liabilit y of'the original8orrower ar Borrawe�'s successors in interat. y�
<br /> � �,•��< ����'rF,:��`� •• Lender shell not be requircd ta commence proceedinga against uny successor in interest ar re fuse to exten d time Por �
<br /> "�r�����'�`�� payment or otherwise modify amonizetion aP the sums secured by this Security lnstrumcnt by rcau�n af any demand made , ,
<br /> �� ��'�' ��� b �the ori 'nal Barrower or Borroaer's successors in interesl.An forbearance by Lende�in exercising any right or remedy `i
<br /> '1t;i..ti?; 3 B� Y � . " ,
<br /> ' + ' 1. ,:',,; " , shall not be a waiver of or preclude the exercise of any right or remedy. "
<br /> ,,�'�� • •• ��, guc�eswre wnd Apt�w Bouad;Joint nnd Sevenl LUbillty;Casigners. 'Thc covenants and agrcements aP ; •.J
<br /> ' ___ -- ihis Sccurity Insltarsxnt sha!!bind and heneflt�he succeuorsand assiens of L.ender and Horrower.subject to the provisions ► ���•,�J ' '�� .
<br /> :.,;t �
<br /> •�. of paragrnph 17.Borrower's covenants and agreements ahall be joint and several.Any Borrower wha co-cigns this Seeurity
<br /> '.:;•.,�:;•;, Instrument l+ut does not execute the Note:(a)is casigning this Secunty Instrument only to mortgage.grant and c�nvey . _
<br /> ' i�•- " that 8orsower's intere�t in the Property under the terms of this Secunty Inatrument:lb)i�not personally obligated to puy � �
<br /> • ,5i, 7 ,.�i?c,�-i,��' . ., _
<br /> • r� tMe sums secured by this Security lnstrument;and(c)agreex thal Lender and any��ther [inrrower may agree to exlend, �
<br /> ,�� ���'���'�' modif Porbear ar make an accommadations with regard to the terms of thi�Secunty Instrument or�he Note withou� j � :.i ..
<br /> y• ,::t;...:;,�.;.�.. Y• y � . � � �;; ..,
<br /> ';,1;�' ,;:l;,.t;: .'; thAt Borrower's consent. � .. , � � ' °:','. :,�
<br /> ,;�1�;±,Y_ •.�. l2, Lo�n Ch�es. If the loan secured by this Security Instrument is wbject to a luw w hic h aelx maximum loan •�;+�`�f�
<br /> -'� � ''.y'•:�,;�,f.+ charges, and that law is finally incerpreted �o that the interest ��r uther loun charges collccted or to t+e collected in j `'�,
<br /> �`� r� ��� connection wi[h the loan exceed the perm�tted limits,then� (a)any�uch loan chnrgr tihull be reduced by the umount
<br /> � , c �,�,; ,. . • necessary to reduce the churge to the permitte d limit;an d(b)any sums a l re u d y c o l l e r t e d f m m H o r r a w e r w hi ch exceeded , .`.,'�`�},
<br /> '��• permitted limits will be refunded to Borrower. Lender may chc►c�se�o make thi,rel'und b�• reducing the pnncipal��wed , .
<br /> .'�r:= c:��ii�';',•„ �. ' ;: --
<br /> � .s �•,.,�,��,;.,: �, undtr the Note�x by mc►king a direct ps+yment to Bonower.lf a refund reduces pnnc�pul,the reduction will be trenled as a ,;;r.t�
<br /> •� �,,,.;;,, '��.
<br /> ,;.�,�;,;;�;�;;:.:•:'�`. partial prepayment wi�hout any prepuymen�rharge under the Note.
<br /> ` ' ,,�..;� �,•. 13. LeRi�l�tion ABecdnR I.ender s Ri�hts. lf enactmem nr enpiration aP ��pplicable law.r• hn� the efl'ect of �
<br /> %��� ""'�" , rendering uny provisian��f the Note c►r this 5ecurity Instrument unentorceabl�according tn it�terms,Lender,at its option, � , . �
<br /> }� �� � • • may requirc immedia�e payment m full of all tiums tictiured hy thix Securn} )nK�rumen� und rnuy invake uny remedies ' `�� .�
<br /> .5 . �!i.., ,
<br /> permitted by paragroph 19.If Lender exercises thic option.Ixnder shall take t'ht st�p�s�c�fied�e�the SeconJ paragraph of �., 1,�;..,�,
<br /> . .'��,�`j paragrnph 17. , .
<br /> �,.
<br /> ���;'�' 14. Vuttces. Any notice to F3or�ower prov�ded for m�h�s Secuntp Instrument shal�I+e����n by delivermg u ur hy �
<br /> : � ' mailing it by tirst class mail unless opplicable Inw reqwres use of another methoci. Thr nonar vhull be dirccted to the r�,
<br /> Property Address or any��ther addres.�Brrs+�wer designutcy by ni+ticN to Lxnder. .Anc nimce t�Lender shall be grven by ,,, •�
<br /> ,. , i . , .
<br /> � first class mail to Lender's address s�a�cti1 t:er:in or any�►ther a+Jdrc.�l.ender dr+ignatn b�•noucr to 8nrrower.Any nalicr i
<br /> , �����i: ', , provided for in�his 5ecurit} Imxtrumem shaJJ he deemcd t�ha�c hetn g���e+�Io Hnrmwer c�r Lender w•hcn gwen as provided . • _
<br /> ' ��•'.�",' in this paragruph. ' , ' � _
<br /> ';,��:� � , 1S. Governing La�v;tit�venibllity. Thi��uns� In.trument�hall Ixx Favrrr..d h� fe�irr,�l law und Ihr law•oi thr
<br /> •����'•' juri5diction in which Ihe Pr��peny��s Icxated. In the e�ent that am prrvi�u�n��r rlausr��f thi.r Srrunty In,trumem or thr
<br /> Note confl�ets wnh applicnble law,�uch canfl�ci�hall n��t •rflcct��thti-„r��i���m�o�th�.S�wunty Imtrumem ur�he N�tr
<br /> which rao 1+e g��rn eRcYt w•ithout the canfltrtirtg provis�an. ���thi.�rau:d�e rnn�i�uror uf th�+Srcuruy In�trument und the
<br /> ;•,.. N�te ave deelvred to be,r�rrahle. • . � .
<br /> 1�. Borrower's Copy. &ttrawer+hall t+e g��er. ,merrnf.,rr^r�:opy��f�he V�,te andot'thutiecunt}�Invr,rurr,rnt.
<br /> , . 17. Transte�of the Peoperty or o Beneficial I�u�eTral in Borrower. 11'.�i{�,r .m} pan al thr Pn,prr;� nr an� _
<br /> �ne�rEr,t�n it es.t�td��r trumfrrr�d lor if a t+zrt�6:w1 mt�rc�e:a lk•srrx�c�..�dd��r tr:m�frrred•rnd Harrawrr i+nat a r.ucura) � -
<br /> . per�•n►w�th��wa�.ender:pnur u�nura���R�rrt�.L�ader m:+�..��n.,r.�:+ •�.rryutrr munrJiare ra�mrnt m full uf dii tium.
<br /> ' .rcurcd b) th�,�unt�• Imtromen�. H..Ma.er. thi.,�ptcun.hatl rt.•� �e•:.e��i�h� LrnJcr ii rarr��tir i�prahiM�e�i b}
<br /> federal law•�s uf the date oi�h�s 5�unt}In+t rumem ;
<br /> - If Lender c�e►c�sr��Renupuon.Lendrr�ha{i�t��r li��rrvwer���'::e af s:�iieran�m. I h�n�,t�cr�hull pro��dr r pe���xl
<br /> ��f not le�s than�Odayy tntm thr date the m�t��r��.tru�ar�tit,��mrata+t Mrrhen w h�.h fA�rmwrr mu.l pay.dl�um+.c�►ured M
<br /> ..�...,_.».-.. ..i.h�....•r��..i 1 rnder mr� �n�nle�n�
<br /> th�sSctiunc}In�stncmerer ie ik�rrov►er iaci.r�.��+? ���n-�•�•.i•�.:�:....._..,.._.::'".. .... � -- .
<br /> rrmedte5(+etmitttd hy thc.Jecunt} Intirrumanr wcth��u�funhrr n��r,�rr�v drm�nJ�ro R��rrawrr.
<br /> I8, Borraxer's iti�t ro Reiastate. if i3+�rn�w�r mtrt��rrt�m ;��nJ�uum. Ik�rn+wrr�hall ha�e thr rt�thr n�ha��
<br /> enWr�ement ui thiti�+:unr4 IO�ICLLRICfI[�I�.��Rt�rl�ldlt JI'd0}�I[[1@ j�flPf 1P IFII'C:Iflltf U� (:1)S a:l\�1��f�Ui�l�Nh�[(4fIcN�J�
<br /> JPplll':lI1I@ I:IN mu} �Pec�l`� li,r r�ntitstemtnr��+rl��,rr�;el���i thr Pra�xrt� pur.uan� a,.m} {+��wrr,�1.ale.��ut.��n.d �n thi�
<br /> 5ctiunt) In+IrumenL��r Ih�cnrn,,1':� n+d�mrnt rnl,,t.ing ihi.ti�tiurn> lu.�r umrm l�hu.c.un.ti�um.,ur ih:it linrn,�.cr
<br /> lal p:+>, Lrnder:,II+um+ w hi�h Ihrn w.�uW F+e due under th��lecunt� h��lrtuncnt .�nJ �hr '��HC haJ nu.�icelrran,,n
<br /> �tcurretl. �hl�ure�an��delauh ��f.�m ��Iher c���rnan�� ��t agreement�. ��1 ra}�all c��xn,r, in.urrrd in rnl��rcu��; thi�
<br /> � 5e�un1� 1n.ttument,�nrludmg.hul ni�t hmiled t��, rtati.�nable a�turne>:ICt'�.dOtl IlU lJ�.l'��Uill,rtnm .�,I.rndcr ma>
<br /> reau�nabl� reyuur u� a++ure ih•r� ihe I�rn��(�h�s�unl� Imtrumem. Lcnder'� r�ghi� m thr I'rn�xrt� enJ Iwatuwrr'�
<br /> ubhg++UUn lo pa� Ihe �um� �ureJ h� th�+ tic.untq Imtrumrnl .hall c�mtinur unch�n�r.1 l'pnn rrro.laicmrnt h�
<br /> Hc�rr��wrr.thi.lr�unt} In.trument and thr�}I+hgauun.�c�.u�rJ hrreh} �h:ill rrm.��n lull� cflc.tnr�.i1 nn.,..cirr,u���n hrd
<br /> �krurred Haue�er,th��ngM to rem��utr+hnll not appl> m�hera�+e�d ac�rlcr�tum under paragr�ph� 1!��r I'
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