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<br /> . �'" If Lender tequircd moR{�e i�uurance u a condition of nu�kin�the laen sxurod by thit Secutity Itutrumeet� ��
<br /> � ;`� � Borrower siull pay the premiums requirad to mainuin the inauru►ce in eRxt until such tim�u the raquiranmt for tbe �
<br /> i o�unnce terminsta in+iccordence with Borrower's�nd l.mder's writtm��rament or applicable law.
<br /> S. ��. Lrnder m it�yent may make rason�b le entria upan�n d i n s p e c t i a m o P t h e P r o p e r t y. L a�d e r
<br /> � _ � �h�ll�ive Borra�ver nodce�t the time of ar riar to�ins tion s ifyin�reason�ble cawe for the inspeetian. _
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<br /> . � 9. Ce�w�do�. The procaedi of any awud o clam for damwga.di�ect ar consequencial.in connectiun with ,,�,,,,,,�,�,�,,,�,
<br /> �ny condemn�tion or other t�kin�oi any p�rt of the PropeAy.or fot conveyanca in lieu of cwndemrwtton�ue herebY �:'�'�"=�-" �
<br />-.., .. „ aui jned ond�hdl be p�id to I.ender. �
<br /> � !n tha evrnt oP�total t�king of the Property,the praceed�shdl be�ppliod to the iunu securod by thi�Sxu�ity � �:,,;,.,�.,��.
<br /> � •� In�trument.whethcr or not then due.with�y excas p�id to Borrower.In the event oP a parti�l akin4 of che P�operty� ' . `i::��.,.�;:-�-"-
<br /> � unless Horrower�nd l.rnder otherwise�ara in writing,the:umf�ecured by thi�Security I�itrument shd)be reduood by �
<br /> �� the amouot of the praaedi multipNed by the following fraction:(a)the tatal�maunt of the iums:acured immedi�tely �.
<br /> � before the eskinR,dividod by(b)the fii�muket vdue of'the Pr'°perty immedi��ely before the tdcin�.Any balance�h�ll be A`�_
<br /> paidto8ottower. ���t��`-`�-'���--
<br /> �P�p�y�y�p���by garowrcr.or i�.�fter aotia by Lender to Hotrower th�t the condemnor o&rs to ��-J�;�r��::..--°
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<br /> m�ke,�u�wrard or settk�claim for dsma�es,Boreower&uls to respond to I.ender within 30 days�iter tl�e date tAe nwia is �`'` - : , ' •
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<br /> -: �.•i pvea.LeotlCr is authorized to colk�t and apply!he pra�eedF,�t its option.either to ratorn�ion ar repair ai the PmpertY� ;..• . . ., - -- .:.
<br /> t. to the wms secutal hy t6is Security Instruma�t.whether or not thm due. � �•�;`-_;:
<br /> ' � ' �n writi ,su► a I�tion of roceeds to principal shall nat entmd or ' � `.�-
<br /> �. . Ualas 4ender�ad Botro�er otherwise sgne� � Y PP� P �. , L '?n E,
<br /> "�� hs 1 and 2 or cfwnge the amount of such 3.�znts. �
<br /> postpone the due d��e ef the nac+nlWY payn�enu rcferred ta i�p�ragr+iP P� � ' .i:==
<br /> 10. Boe�ower Not Reletredi Forbar�NCe BY I�ar N°� � �'�a3rer. Extenslon of'the tiane for pa�,u,ment or `•'::•��:_
<br /> , -��;�s..s;r;
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<br /> modiscation of amnoniaation of the sums sec�ared by this Security ]nstrument granted by Lender ua any auccestar in i i `y,,,�
<br /> interat of Horrowtr sh�1�not oper�te to relea�e the lubility of the ori�inal Borruwer or Horrower'�aurcasers m anterat. �_��
<br /> �' Lemder ah�!)not be required to commrnce pmceedle6s A6�in:t any auccessor in interat or refuse to extend qim�e for h ;, ��
<br /> .c�" _.
<br /> . ;:f� paymrnt or otherwise modiiy Aaaartizstion of the sums secured by thia Security Inatrument by rason of any dema�r]madr. � �
<br /> � '� '4 by the origin�l B¢srrowa or Bonawer's successon in intaest•Any forBearance by Lender in exercidn�any right ar�emedy ; ' 1���` ,���^�,�
<br /> ��;. .,',�
<br /> `V,. :hsll not be a waa ver of or preclude the execcise of any riBht or remedy. ' �;_ ' a
<br /> �, �'; 11. Saeauaw wd A�i�nn B o a a d+Jo i a t a n d S e�e n l W b W t n C o-d p e n. T h e c o v e n a e t s a n d a g ro e m e n a o f -
<br /> � :";;{z, ,, t6is Security Insacuma�t�hx��bind and bene6t the succasors+u�d assiBes of Lender and Borcower,subjcet to the provi�ions �,;.
<br /> � � ;,:; enta shall be joint and several.Any Borrower aho co-:igns this Security ? �;,`� 1
<br /> `�!.�• oPp�r�graph 17.Horrower's covenants wtd�grean .�,-.
<br /> _::;�_ _ Instn�ment but das not eaecute ihe N�te:(a)is casigning thi:Security lnstrument enly to mang�ge,gnnt�d convey Y
<br /> �:,:,, �
<br /> -- .,. that Borrower's imereat in tfie Property uncier che trnnss aT this abcnriiy fnsirumtssl;{b?is noL pets�elly obligeaed q!+�Y �,,��`��;.}� ",' �
<br /> the iums securetl by lhis Seourity Instrumcnt;and(c)agrees that Lender and any other Borrower may agra to eAtznd, l�:�, .".';��:. . ;�
<br /> .�•. �
<br /> •� modify�forbrar or m�ke any Accommodations with regard to the terms of this Security Instrument or the Note without � . �, "'� �;;.,�,;���:;;:,.
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<br /> :i.� lh#1 Eon'oWer'S Consent. ' � .. l�,.;.:i���.���,.�,,,�
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<br /> 12. I.wn C6uQe�. lf the loan secured by this Secwrity bserument is subject to�law which sets mauimum Iwn :,. • °.'.;��t;�t't:::,, 1
<br /> charges. snd that law is finally interprcted so that the interat or other loan charga collected or to be collceted in `�:{r �.�� :,•���� :3' ''
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<br /> ;� connxtion with the loan eaceed the permitted limits. then:(a)any such loan charge shall be reduced by the amount , ;�;.; ,
<br /> ,.�'
<br /> neca:ary to reduce the chuge to the permittod limit;and(b)Any suma already collected from Borrower which eaceeded :; ��;;���'
<br /> permitted limits ail!be refundod to Borcower.Lender may choose ta make this refund by reducing the principal owed
<br /> ' � under the Note or by making a direct payment to Borrower.lf a refund reduca principal,the reduction will be trated a a
<br /> partial prep�yment without any prepayment ch�rge under the Note. • '
<br /> 13. I,eattVdoa Al�cetlnQ Leade�'s R�W�� IP eoactment or eapiration of applicable laws h�s the eflect oi . �'
<br /> rend�ring any provision of the Note or this Security lnstrument unenPorceable according to its terms,l.ender,at its option, ,.,;,,�. ;.._
<br /> may require immediate payment in full of all sums secured by this Secunty (nstrumen�and may invoke any remedia ;:::.�.f�+ -
<br /> •• permitted by puagraph 19.IP Lender exercises this option,Lender shall take the steps speciRed in id�e second paragnph of -;�':�:.,, ••
<br /> ' s .{,.,; . �. pA��ph 17. � ...� •t
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<br /> ,�; ;���; 14. Notiea. Any notice to Borcower providai for in this Security Instrumenv sfiall be given by delive�ing it or by ` .,.
<br /> �•�',����� '. • mailing it by flrat class tnall unless applicable law requires use oi another method. The notice shall be directed to the ,'��+; ,•,
<br /> �� . .
<br /> , • Propetty Address or�ny other addrcss Borrower designeta by notice to Lender.Any notice to I.ender shall be given by �
<br /> first closs mAil to l.ender's addrcss stated herein or any other address 4ender designates by notice to Bonower.Any notice
<br /> ' ,,,,;:• ' ' ' providal fbr in this Security In:trument shall be deemed to have ban given to Borrower or Lender when given as provided ' .:;,;,1 , �
<br /> �'�'':1�'�..; . inthispua�raph• •
<br /> � i tj;�t• . , �.�� iS. Gqjeruio4 Lw;Se�er�bility. This Secuntp Instrument shall be governed by federnl law and the law of the
<br /> ` ' ;;�,;;t� jurLsdietion io which the Property is locatod.In the event thet any provision or clause of this Secunry Instrument or the %� .,,.,
<br /> ,�' •, ` .��• Note conflicts with applicable law,such conflict shall not affect other prov�sions of this Security Instrument ar the Note ,,'•
<br /> ,,,.. ,�„ ; which can be given ed'xt without the conflicting provis�on.To th�s end the provis�ons of this Secuv��y Instrument and the
<br /> , t,u1�� � .
<br /> ��" ' �I' Nwe are dxlared to be severable.
<br /> ,�,.•.�:;:
<br /> • ,,,r,�:���l•,,,, 16. Borrower'�Copy. Borrower shall be grven one conformni cupy of the Note nnd of this Secunt� I�strument.
<br /> '�'.,: ' . ,r., 17. TnuWer ot We Property or� BeneBcid Interest In Borrower. If ull or nny pan of the Propeny or any '
<br /> intercst in it is sold ar transferred(or if a benefic�al mterest in Borrower is�old or transferred and Bar�cwer is not a natural
<br /> � � �� : person)wnhou��1Lender's prior wntten co�s�nt.Lender may.at us o��:i:-n,requ�re immedic+te pa�rtr,eT�m full of all sums
<br /> " i'� seeured by t'his Secuaty Instrummt. However,th�s oFuon shall nc�c R+e�aerased by Lender d eneacise is prohibited by
<br /> � fer]e�aC Isa As of the date of this Secunty[nstrument. • -
<br /> IB lxnder exercises�:��s option,Lender shall g�ve Bt�rrower notice of acceleranon.The nouce shall prov�de a penad
<br /> ' o?not Jess�ha�u?0 days frorn the date the notice is dehvered or mailed w�thin wh�.h Borrower musl pay all sums secured by
<br /> . • tQ�is Secucaac O�s�rument.Yf Borrower fails to pay these sums pnor to the eap�ro�ion ef this penod.Lender may mvoke any
<br /> � z remedees pe�a�+nted by this Secunty Instrument w�thout further not�ce ar demartd on Borrower.
<br /> � .e ..______._o,�...,o.:.....�. If Rnrrower meels certe�n�ond�ttcxts.,8arrower shall have the nght to have
<br /> , , �.. . ! w.uur�vwc�s a..b............�._._. -- - ..
<br /> � ecEarcement of this Secunty Instrument discont�nued at any nme pnor to the earl�er e�f la)5 days lor such othe�penod as
<br /> ; appliceble law moy specdy for remstatement)before saie of the Propeny purswnc cn any power of sale conta�ned�n thu
<br /> i Secunty Instrument;or(b)entry of a�udRmenl enforemg this 5ecunry�nstrumert�. Those cond�tions are that Borrower:
<br /> � (a)pays Lender�II sums wh�ch then would be due under th�s Secanty instrument and the Note h�d no acceleration
<br /> ioeeuRN: (b)cures any default of any other covenants or agreemencs.(cl pays all eapensa mcurred m eoforemg this
<br /> ' Secunty Instrument,ur,cfudmg.but not I�m�tM co,reayonahle actorneys'fees: �nd Id)uke�.uch acuon as Lender may
<br /> rpsonaDl�y regu�re to assure that t6e Icen ot tlus Socunry Instrument, Lender's nghts�n the Property and Borrower's
<br /> ' abkgaaior� to p�y the sunts secuted by th�s Secunty (nstrument shall contmue unchanged. Upon remsutement by
<br /> ; �orrowa,thrs Secunty Instrument and ehe obligations secured hereby shall remam Pully eflecti�e as d no accelenuon had
<br /> ; oecurnd.Nowever.th�s nght to re�nstate shall not apply m the case ol accelerauon under paragraphs 13 or 17
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