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<br /> � '��-•.' �,. Ii Lender roquirod mort�ge insunu�ce a�oondjtfon of m�ici�s the lo�n�ecur�ed by thi�SecuritY lnslnrment, ���_-----.
<br /> °;� � - Borrower sh�ll poy tho premiums ra�uirod to maintain the insunnce in eA'ect until�uch dme ss the requinement ior tlie � ___ _ ��;��
<br /> i�uunmoe termin�ta in accord�ace with Borrower�s u�d Lender's written sgreement or�pplic�bfe I�w. ib,�:_
<br /> ,. �� 8. Ia�pecdw. Lender or ila s�ent mry mdca rauon�ble enttics upon�d impecNons of the Property. l.ender �-_._F,�;r�:+_
<br /> sh�ll�ive Bonower notice�t the�imc of or pdor to an in�pection:pocil�ing rason�ble c�u�e for tMe inspection. �":;�__^,�,;r��j:,,���;':
<br /> • • "�'Y�� ••`%• y� Coademaqouu� The proceed�of�ny aw�rd or cl�im for damR�ea,diroct or consequential,in cunnection with
<br /> �...Yi• ' � YA 7�NM\Fer����"_�.
<br />-�;��,:; � � any candemnation oc other taking of�ny part uf'the Property.or for oonveyance in lieu of caidemnation,aro hereby �„�.�-� '--•-
<br /> -'�': '�: �s�i�ned and shall be paid to Leader. �_---- -- -.__���_
<br /> {. ...� ' � ln the event oi'a total aiki�og of the Property.�he praueds sDratl be Applial to the sums secured by this Security _
<br /> lostrumon�.vhetbec or nW Rhea due.wnth any excess pRid to Borroxer.In the eveat of A pauti.al takin�of the Propest�. ��-•�--_----
<br /> ;!�t`. •,��.. � �.. :,.,, tmless Borrower aod l.ender aherMise agra m writing.the seimn�s securad b,�this Sauri�Y IQ.strttment sb�a[I be rectv�ed bx �ti,�. .;;,5�„';,,_��,.
<br /> ' t6e woount oi the pro��eeds mWtiplivd by the following fraction:(a�)the tota0�wmount of tAe sums svccu�e�im�e�ia�eh "�'�;:!�;,,�..�, .�c"`.�.
<br /> , e ds �:•,. :ti ': . . .
<br /> � 6efate 4be wl�ing.di v i d e d ey(b)t h e f a i r mar i c e t v�l u e o f W e P r o p e rt Y i m m o d i�t e l y b e f o r e t h e u k i n g. A n y b a�f a u a�a s l u ll be �. u ^
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<br /> If tbe Property is aAsu�da�cd bF Borrower.°t iP.a�r�°°n°��?`1�der to Horrower lhat the condemnor oBers to =; ,,,�„�„��
<br /> �-• � ma�C�an aw�ard or setik 4 cW�im fa�rdAC�,�a�ss,Butroxa fsi�tQ resp�on�d to I.ender aithin 30 d�►ys aRer the date the notice is ������.. _•
<br /> ,�,. " � given,Lender is auRborized to cdDa�t sua��.ppiy tlAe p�r000eds,at its qption.either to restontion or repair of the PropertY o� .6. .
<br /> , ;�; • ." to the sums securcd by this Securiey las°�.m�meat,�vvbietaer or not�hen due. �,�� �:;-
<br /> Unless Lender and Borrower otfierwise agcee un aridng.any application oipraceeds to principul shell not eatend or :.: ,�__�_�
<br /> �''•;,ti� ^�' ,,:;;•=°. postpone the due date of the mont�ly paymmts referred to in paragraphs 1 and Z or change the amaunt oisuch payments. ti ,,,1c
<br /> !0. Borrowu Not ttelased: Forbannce BY Le�der Not a W�iver. Extmsion af the time for paymrnt or
<br /> ,:;`'_����•�.� ; �� moditication of amortization oi the suma secured by thii Security Instrument granted by Lender to any succes.sc►r in �_,__,�v__ �'.�
<br />: ���.'�ri;.. ° .��� � interest of Horrower shall not operate to relwse the liability of the original Borrower or Bonower's successars i�iolerest• � �� _
<br /> , �t"�' `.��u � � Lender sh�ll not be reyuircd to commence procadings against nny successor in interat or refuse to eatend time for ���.�_--
<br /> �� �j� , ' �; ,�. , payment or otherwise modify amortization of the sums secured by this Security Instrument by reason oPa�y dcmand made �-».��c=_;°,
<br /> ' ;�, �•, . by the o�iginal�orrower or Borrower's sucassors in interest.Any fbrixara�ce by Lender in exercising any right or remedy � ���j�
<br /> � � � � �Iwll not be a waiver af or preclude the exercise of any dght or remedy. ' �'7"����'�
<br /> _ - '� !!. Su�s�e�ssd ���^�t Jotet�ad Se�era!Li�bility;Casi�ea. The covenants and ag�aments of A'�:,i''�~'«�::
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<br /> � .; this Socurity ln�trument sMall bind and bene8t the succasors And assigns oP I.ender and Borrower,subjxt ta[he provision. ., .':,_�.;�-,,;.,:-._�._,
<br /> • of p�uagrnpb 17,Bonawer's covenants and agreements shall be joint and several.Any Borrower who casigns this Security • �
<br /> � Insuument but does not eaecute the Notc:(a)is co-signing this Security lnstrument only to mortgage,gront and canvey �Y?�:-:+�.�,':"- p.:�-
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<br /> � ' � that Borrower's interest in t he Propeny under the tenna of this Security Inctrument,N)is not personally obligated to p�y • : , ';,:;,,�,.�,,;,.,� _
<br /> � the sumc secural by this Security lnstrument;and(c)agrces that I.ender and any other Bonower may agree to extend, ' �,•t,_;,,,4-� �
<br /> ' modify,forbear or make any accommoda��ons with regard to the terms af this Security lastrumcnt or the Note without `{�;�,'� � � �1-
<br /> thAt Bonower's consent. "'����>''%m"`-
<br /> 12. Lwn C6argee. If the loan secured by this Securiry Instrument is subject to a law which sets maaimum loan `h%A�°� Hr� ^_�..��
<br /> , ; charges,and that law is flnally interpreted so that the intercst or �ther loun charges collected or to tr_rnllected in •--�'•-'�*�.�--s
<br /> , connection with the loan exceed the permitted limits, then:(a)any such loan charge shall be reduced by the amount -�•• •�at;_.ti�_�,�:
<br /> � � � � • necessery to reduce Ihe charge to Ihe permitted limit and(b)any sums already collecled fr�m Borrower which eaceeded . _M ;���,.,��`�,��.
<br />. : ' ; , . • permitted limits will be afunded to Borcower. Lender may choose to make this rcfund by reducing the principal owed � i�:z-�•�� :_
<br /> � , under the Noteor by making o direct payment to Borrower.If a refund reduces principal,the reduction will be taated as a ,};�r,' •.+1�r=,
<br /> ,,, ' � ., ' partial prcpaymcnt without any prepayment charge under the Note. ,.�,,_ _
<br /> � ' ' 13. I.eglalalloa ARecNaB Lender's Riglits. If enactment or expiration of applicable laws h�s the eflect of , ., , �f i�,�,^
<br /> , , ��'%����."'!„-�:= ,r.
<br /> � ';`•�;•;i•:,,,; , rendering any provis�on of the Nate or this Security Instrument unenforceable according to its terms.Lender,at its opt ion, �•, ��. _�, . .: �-^.�.,,_
<br />. . �';.:� ,ji{{'•''{;•, may require immediate payment in full of all sums secured by this Security Instrument und may invoke any remedits •i�y� � �;,,;��,,
<br /> ' ' �''�` �•: permitted by paragraph 19. 1Pl.ender eaercises this option,l.ender shall take thesteps specifled in the second paragraph of ����' ���'�-���
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<br /> �'�''i:'ti`?: ra ra h 17.
<br /> , :�ir ,i,a�,ti�«�;:''i;��V,A�;j�`3 � Pa B P �_..; _.._
<br /> .,•;:;, 1.�;,t�� �;,`r;'„.,�� 14. NoNces. Any ndice to Borrower provided for in this Security Instrument shall be given by delivering il or by , p -�---
<br /> �,,; y:�;'. � �"�
<br /> . � ' ` ���? `)�' mailing it by flrst class mail unles� applicable law requires use oF another method.'fhe notice shall be dirceted to the f„,r , ��
<br />'.� ' ; ; .s•►��;i ti�, propeny Addrcss or any other address Borrower designates by notice to Lender.Any notice to Lender shall be given by • ���;.
<br /> f.
<br />` � �;'�,i� �• ' flrst class mail to I.ender's address statod herein or any other address Lender designates by notice to Borrower.Any notice t%• �•'-r�=��'
<br /> � �'�`; ' rovided For in this 5ecurity Inst rument shall be deemed to have been given to Bonower or I.ender when given as provided �..' ":'��1`;;��f��_ '—.".;,
<br /> p �, '
<br /> '`� �' " , in this paragraph.
<br /> ; . • 1S. Governiag Isw;Severabllity. This Security Instrument shall he governed by federal law and the law of�he l, ,
<br /> � :• jurisdiction in which the Property is located.In�he event that any provision or cluuse of this Securi�y Instrument or the i ;.,;,:,,
<br /> Note conflicts with applicuble Iaw.such conflict shall not afle�:t other provitiions of this 5ecur�ry Instrumen�or the tiaze �•;,
<br /> which can be given eSect without�he conflicting p�ovisian.To thi�enJ the provisions of this Security Instrument anel the � �,;,
<br /> �� . Notearcdeclnredtobeseverable. • �•
<br /> �`' ��� 16. Borrower's Copy. Borrower shull t�r si�en one conWrm��d rrp}vf the Note and of�hrs Srra��e:}�Instrumen�. i
<br /> � ��• ��>•'•"-'�` ��''�,•y�•„';• 17. Tnnsfer of the Property o�a Benefieial lnterest in Borro.ver. lf all ur any�+an o1'tFr �'ro�ny or aa��
<br />' ��' •ti•�•�� <,-i,�; .,.�. ".�' ;
<br /> "��4 •�� { '' � interest in i�is suld or transferred(ur if u beneflcial inter��sc�.r 6:rrower i++uld or transfzrted�nd Bcinowar i.not a nar.:ur�.
<br /> , . ,, ;• � ;�;;�t{;.�;�ti�,;, .
<br /> � .,4y.;���h,,,., p�eCSCDn1 M�ithout Lender's pnor u•ritten consent.Len.i�:c m:ar :r itti upuon,rtywre�mmidi:+tt pa)mrnt in i'all of aEI�scc:+
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<br /> , r,.,,i4,.►1�, seeu�ed by this Serurity Inclrurnent. Howe�er.tl9ex���IIaon tihall ni�l 1►c exr�c�sed b} L�tr:u:r if rxetcist is prohibitrd bti
<br /> ` .t$1.'�• � • { Pederallawasof�lir�tareoFthisSecunt�lmtrumeni. .
<br /> . , ,;�; �
<br /> If Leadtr taercises this opu��n,L�nsier:P�aif gn•e Burmw•er nouce uf nccelerauun.The notice.h:�]l�*ro�•ide a peo�xl
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<br /> �.,. , .. . otnoc less Ihan 30days irom thr date ine nrxhr ssdeii.crc�i or�naucv»�������nnn..w...-....�^L_.r•��—'---...-----
<br /> � !1,'��:.: th�s Secunt� Instrument.lE B��rr,ow�er iai{s�o pay the5e sum.pnur i���hr expirat�on of ehc.�eriod.Lender m•ry im��l�e aoy
<br /> '��' remed�espermutedb}thu Sec�cct} �nstrumerer uithout further m�iiceurdemand�sn&+rr.�Krr.
<br /> 18.Borrower's IFi(�Yt ta Rei�tate. If Borrower meets crnain«mditi�m+. Burrrtwer �hali ha�e�he nghc tu ha.e
<br /> ' enforcement of thu Srco�nry Irtstrument dis�or►tcnued at�ny time pn�ir tu�hr earher«f (al�d�5.1.�r�uc[�olhrr�,+rned•r�
<br /> nppl�c�Dlr i��+►m�}specdy f�r tanswtemenel hef�re sa[e c�f the 1'ro�xny punu•rnt eo�ny pnwn��f vk«mtamr�f�R nc�.
<br /> � �� Saunty Ins�rucrt�ent,or Ib1 rncry�f a�udgment enfor�Yng rhi.�unty Imtrum�nc T[h�nr��nd�n.mr+rr that li��rr�.aer.
<br /> • (a)pay�p.en,cier al[tiunss whicTn thrn would tM:due urnier thit Se�unty Inrttumrnt se�t the 1��tt ha.i ne ��rfrr:�non
<br /> oceurred: fD) curr,ang defaulr of any ether .:o�enants ur agreementti. Irl pa>�ti�U c�prn.r�mcurred in ent;�rcros th�+
<br /> Secunty Instrum�nt.m�ludmg_but not limue+d ro,reasonable altorney�fee+:and Idl�.�k�� .w:h acri�,n a� l.cnJrr ma}
<br /> � reasonably� require a��ssure th�t the{irn uf thia 5erurny Imtrument. Lender'� nghh m the Pra{�rrty and F3��rruWer'�
<br /> ' obligauon t� pa}� the wms u�ured by this Secunty Instrument .hall canunue unchungeYi. l'Rxm rem+�a�emenl h��
<br /> Bormw�er,th�s 5ecunl)•In�trument and the ubl�gatiuns secured hereby�hnll remain fully eRerti�e:�+d no•rrcrlrr•ru��n haJ
<br /> occurred.Nowe�er,this nght to rcinstate shall not apply in�he rase of nr�elerauim under paragraph�1;ur 17
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