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<br />If Lender required mortgage insurance as a condition of making the loan secu~t:;"'iliis s!~t1eJ!!ent.
<br />Borrower shall pay Ihe premiums required 10 maintain the insurance in effecl unlil such lime as the requiremenl for the
<br />insurance lerminales in accordance wilh Borrower's and Lender's wrillen agreement or applicable law.
<br />8. Inspection. Lender or its agent may make reasonable enlries upon and inspections of Ihe Property. Lender
<br />shall give Borrower notice allhe lime of or prior 10 an inspeclion specifying reasonable cause for Ihe inspeclion.
<br />9. . Condemnation. The proCeeds of any award or claim for damages. direct or consequenlial. in conneclion wilh
<br />any condenmalion or other lakil:g of any part of the Property. or for conwyance in lieu of condemnalion, are hereby
<br />assigned and shall be paid to Lender.
<br />In the e~-enl of a IOlallaking of the Property, Ihe proceeds shall be applied to the sums secured by this Security
<br />Inslrument~ whelher or not then due, "ilh any excess paid 10 Borrower. In the e~'ent of a partial taking of the Pruperty,
<br />unless Borrower and Lender otherv.isc agree in "",-riting, the sums secured by this Securily Instrument shall be reduced by
<br />the amount of the proceeds multiplied by Ihe follo"",ing fraction: (a) the lotal amount of the sums secured immediately
<br />before the taking. di~ided by (b) Ihe fair market ~"3Iue oftbe Property immediatel}; before the taking. Any balance shall be
<br />paid to Borrowa,
<br />If the Property is abandoned by Borrower, or if. afler nOlice by Lender 10 Borrower thai the condemnor olfers 10
<br />make an award i}r settle a claim for damages. Borrower fails to resl'Ond to Lender "ithin 30 d:l}"s after Ihe dale the notice is
<br />gh'en, Lender is authorized 10 collect and apply the proceros.. al ils ortion, either to resloralion or repair of the Pruperty or
<br />to the sums se<:ured by this Securily lru.trument. whcther or not then duc,
<br />Unless Lender and Borrower otherwise agree in writing.. an~' applirotioo of prOl.~ to principal shall not extend or
<br />postpone the due dale orlhe monlhly pa~'ments referred to in paragraphs I and 2 or change the amount ofsucb payments.
<br />10. BorroweJ' Xot ReleasEd; F~ By 1.flIder Xot li Wailff. E,'tensicn of Ihe lime for payment or
<br />modification or amortization of the sums secured by this Seeuril}' Inslrument granled by Lender to any sU\.'\.'eSSOr in
<br />inlerest of Borrower sball not operate: to releas.e the liallilil}' oCtile original Borro"'er or Borrower's Slln'eSSOrs in interesl.
<br />Lender shall not be required to CQIIlmence I)roc<<dings apinsl :.my SUfi~ in inlere>l or refuse to eXlend lime for
<br />p3)ment or otheO\ise modif}' amortizalion oflhe wms secured b}' thi'S s.ocurit}' Inslrument by reason of any demand made
<br />by the original Borrower or Borrower's s~ in interot, An}' fmbear.s.n..-.e b}' Lend.-:r in uerdsing an}' right or remed}'
<br />shall not be a "",-.u\'er of or preclude the exerci~ of 3D}' right or remed}'.
<br />11. 5uccegors:utd Amgas Bound: Joint ud Seund Liabilitr. Co-5ignus.. The cownanlS and agr<<ments of
<br />this Security Inslrumenl shall bind and benefit the s~ and 3.'S'Signs ofl..ender and &m..~"''er. $ubj<<t to the pro,isiQns
<br />of paragraph 11. Borrower's oo~enanlS and agrttmenlS shall be joint and ~~al. An}' &rro\ll.'el \~ho ..'O-signs Ihis S<<urit}'
<br />Instrument bul does not execule the Note: (a) is iOO-signing this s.ocurit}' Instrument onn}' 10 m<C>rtg;tge. gmnl and ...-on,e}'
<br />that Borrov.'CC"s interest in the Propert}' under the lerm'S mlhi-l. Secunt}' Imtmmmt: (0) is n..1t ptefilOOall}' oblig;ttoo to pay
<br />tbe sums secured by this Securil}' In'Slrumcnl; and (IC) agrees that Lender and an}' OIber Borrower m:J.}' ago:e 10 exlend.
<br />modify. fOlbear or make any ac.commod.alioo.'S "itb reprd to the lerms of thi'So Setuut}' Inslrumenl or Ihe Note ",ilhoot
<br />that Borrower"scom.enl.
<br />12. Loaa Charges. If the loon :!IOCured by Ihis s.ocurit}' In->llUmelIIl is s.ub.iie..ct 10 a law 'Abich ~ts maximum loon
<br />chalges. and that law is finally inlerpreted S\l that the illl~ or 0100 Boon charges ..-mlttled <c>r to be ..-ollected ill
<br />oonnoclion "",ilb the loan exceed the permitted limits. then: (a) an}' '\.OCh mn cMrge shall be redUt."OO b}' the anmunl
<br />nOL'e~I}' to reduce Ihe cbarge to the permitted limit: and tb):m)' sum'S al!e'..1tJ}- ..-clleded from o..-..ro"'"CI" which elR-.:OOed
<br />permitted limit~ "ill be refunded to Borrow.-er. Lender flU}' ctuoo.se to make this refund by roou.:ing the prind(K1l owoo
<br />under the Note or b}' making a direct (1I3}'I11eflt to B0rr01ll1l:r. If ill refund wooUtt'S prim.-if'\11. Ihe reduction will be lreatoo :!JS a
<br />partial prepa}'ment v.ithoot an)' Pf1I:p3}-ment eharge uOOn- the NOIIe_
<br />13. UgislatiOll Affecting I.eodet-"s Rigltls. If ena.ctment or e'\pir.1lioo of applic..lbk Ia\il.S has the elfe1CI of
<br />rendering any pro\i~ or the Note or this Seeurit}' Instrum<eDt ulmlfon'e'.1bk :k......."'ding 10 ils 1('[0\'>.. Lemkr. al its oplion.
<br />ma}' require immedialc payment in full or all sums secured b}i IbK St.:l.lrit}' In'Strumenl and mal inwke an}' remedies
<br />permined by ~ragraph 19. If Lender exeocires thi'S opIicm, Lmder s.h3lltal:e lhe step> ~pocified in the s.o:o.."nd ('\l.ragmph of
<br />paragraph 17.
<br />14. Notices. An)' mNk.-.e to Borrower pro~ided for in this Seeunl}i' Instrumrnl shall be gi'eD b}' deli~ering it or by
<br />mailing it b}i' fi~t cla~ mail un~ applic.1b1e 1.1"" Ilf'quines U'lC of another rnethoo, The noti..-.e shall be dire1Cloo to the
<br />Propert}' Addro~ or an)' other address Borrowcr designales bl Doti..-.e 10 Lender. An}" notk.-.e 10 Lender sh;'JU be gi~en bl
<br />fi~t clas~ mail 10 Lender's addro'S ~t::ited hemn or an}' other addres'S lemkr ckYgnall'S b}' nl"'it.~ to Borro\\er_ An}' noti\.-.e
<br />pro~ided for in this Socurit)'lnsllument shall bedttmed 10 Iuw IJ.:,en P'eD 10 &m.'\\eror ternkr when gi~en a.'\. plmided
<br />in this paragraph.
<br />15, GonmiDK taw; Snerabilit)'. This Seeuril)' Instrumen~ shall t>.: g....:med by f,'\!cmlla\\ and Ih.: I;t\li l>l" IlIe
<br />jurisdiction in "hich the PIOl'-=rt)' is boated. In IlIe f'enllMt an}' [>ro~i-.lon or cbu'\.e of Ihi" Securily In~llI:menll>r Ih.:
<br />Note conftic...."ilh aprl;\',able law. 'oUch ..-onllict ~hall not ;t1f(C1 other ('((.. isiolls of Ihi'\. Seeuril) In'mun~nlllr the J:I,;ole
<br />which can be gl\en elf(C1 \\ilh,'UI the ..-onfticting pro~i-s.ion. To thi\ end the I'ro\i-.lons ol"lhi~ s..'Curit} In~lnmlelll and Ihe
<br />Note are doclared Il' be ">-e~tr"bk
<br />16. Borrowff"" COP)'. Uorrower ..hall be gi~en one ......lRrl'rmOO \'(>J\} ,"-llIe X,'I.: and HI' Ihl\. s..'CUlily In'mum.:nl.
<br />17. Tr:lllsru of the "ropert)' or a Beneficiallotere5t in B0rr01lllff. (f all or all) rarl Hf Ihe l>w!,<lIy Hr an)
<br />inleresl in u is '\Old l'r lIansftrr,'lI (or if a bendici:lI inleresl in Bl\(rower is ,,"old or trall'\.ferr...'lI and Bmf\l\wr i'\. nol a nalural
<br />person) '" UhOll1 Lender''!. prior wrincn \.-on'\.enl. Lender ma}', al il'!. l>ption. reqnire imm,'\,bale p.t}mcnl in full"r all sum'\.
<br />'!.eCured b)' Ihis s..'Curil)- In~lIumenl. 1I0wewr. Ihi'S option ..hall not be exelci~-..I by i.emJ.:r If exerd'\.e 10;. ('whlbil\-..I by
<br />federalla" as oflhe dale of Ihis s..'Curit)' Inslrument.
<br />If Lender l:xercl.......tllis oplion, tender shall gi~e Borrower nOllce of aeo..-.eleralion_ The n,'lice \hall pm\ "Ie.. l1<:ri.llI
<br />ofnotles.. Ihan 30 da) s from tile dale Ihe nOlice is deli\eroo or madoo wilhin w hieh (l.>rrt>werIllU~ll'al all 'um... ~'Cur\.'ll by
<br />Ihi~ Scx:urily Insllument. If BOllower fails 10 pay I line ",urn,> pnorltllh... e:o.pir..llion of thl~ l"-'rIllll, I.ender may' lII",k... any
<br />remedies permllled by Ihis Securil}' Inslrumenl wilhoul further noti,-.e or demand on BorHlwer.
<br />18. Borrower's Right to R~imt.te, If Borrower m\'<CIS "''erlain comhllons. Borrower \hall hale Ih,' righlll' hale
<br />enforeemenl oflhis Security Inslrumenl di-..:onlinuoo al any lim... prior 1'\ Ihe earh...r or: (01) ~ days (or ...udl"lh...r I"'rIl><J a...
<br />applicable law may ...pecify for reinslalement) b.:for... ...ale (If Ihe I'n'p..-rly pur-uanl 10 auy \,<'wer of ..ale c''III.I\II,-.I III Ihh
<br />Securily In...lrumenl; or (b) I.'nllY of a judgmenl enforcmg Ihl' s..'CUrtl) In...lrum,'nl Tho" .'omlili"lh ar" lhal 1I,'lIo\\er.
<br />(a) pays Lemkr all sums \\ hieh lhen would b.: due under Ihi\ S\'Curil} hhlrumenl amI Ihe Xole ha,1 n,> .Ilyderalhlll
<br />occulled: (b) curn any defau\1 .>1' any olher Cll\enanl' III ag.reemenl\: lei raY~ all C\pen\C~ mcuII,-..1 m "nll'rcmg Ihi...
<br />Securily hhlrUnl\'ul, IIldlldmg., hUI 1101 1111111\.-..110. re",onahle anom...),' f,'t....; amll<lllake... ","ch ,Kllon .I~ lellder ilia}
<br />re3\Onahly reqUire III a\lure Ihal Ihe hell ,'I' tIll... Se,.unl} III,IIIIIIICIII, I.ellder', n~hl\ III Ihe !'WI','II\ ,lIld 1I,'IIllW"'r',
<br />obhgalloll 10 pay Ihe \UIII\ \\,\:uled h} 1111\ SI'\:Ullly 11I\llIIlIIenl \hall e,'lIlIlIn,' lIn,hall~ClI l'1'on 'L'III~lal"I\I,'1lI hy
<br />Bornl\\er. th,... SClllll1} In\lIlIlIIelll .II\1llhe ohhgalloll... \l'\:lH,-tl h...rd'y ,lull r,'num fully dkcll',' a,.f no a,cek,alh'n had
<br />oe,'III1\'d 110\'''''''1, thl' nghl'" relli...lale ...hall not apply mlh... ,'a',' "I ,'led"L1!"'" nmkr 1',11 "P"I"" 11,'1 t-
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