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Wt,'6Wgf required mortgage ituuriiflcc AS a Condition it( making the loan worecl by this Socurily Instrument,
<br />Dior ower % I pay the premiums required to rtfa)titaitt the insurance in eff l until sut"h time as the requirement for life
<br />tomrsave terminates in accordance with rower's and Lender's written Agreement or applicable law.
<br />C Insginctift. Lender or its anent may make roiliAntable imiries upon anti insprClionii of the Property. I.eruler
<br />eve Borrower notice at Ilse timme of or pilfer to an inspecum Specifying reasonable cause for tlw inspc
<br />c tion.
<br />1t. t' 4i". The pfoccedS of any award or claim for dittinalivs, direct or consequential, in connection with
<br />any coademttaliori clr oiher taking of any part of the Property, or for conveyance in lieu of condemmition, are hereby
<br />and shall be paid to Lender.
<br />In the event of a total taking of the property, the prtweeds shall he applied to the sums Secured by this Security
<br />Instrument, whether or not then dire, with any excess paid to Burrower. In file event of a partial taking of the Property,
<br />unless Borrower and Lend+cr otherwise agree in writing, life slims %cured by this `kxunty Instrument shall be reduced by
<br />the amount cif the proceeds multiplied by the folkAving fraction: (a) the total amount of the sums, secured immediately
<br />before the taking, divided by (b) the fair market value of Cite Property immediately before lite taking, Any balance shall be
<br />paid to Borrower.
<br />If the Prco}%erty is abandoned by liortoower, or if, after notice by Lender io Borrower that the condemnor offers to
<br />snake an award or settle a claim for damages. Elorrowcr farts to respond to Lender within 30 days after the date the notice is
<br />given. Lender' is authorized to collect and Apply the proeeedf ,. at its option, either to restoration or repair of the Property or
<br />to the sums Secured by this -Security instrument, whether or not then dire.
<br />I'nlesr Lender and tlorrow'er otherwise agree in writing, any application of proceeds to principal shall not extend or
<br />poet f ae the due date of the monthly payment% referred to in paragraph% 1 and Z or change the amount of such payments.
<br />10. Burrower %nt Released; Filaimarance By Under Not it Waiver. Extension of the time for payment or
<br />modification of amortisation of file sums secured by this Security Instrument granted by Lender to any successor in
<br />Interest of 13inrowcr shall not operate to release the liability of the original 13oorrower or liarrower's successors In interest.
<br />Lender shall not he required to commence procccifings against arty successor in interest or refuse: to extend time for
<br />payment or otherwi a modify amortteation of the sums secured by this Security Instrument by reason of any demand made
<br />by thcoriginal Borrower or Borrower's successors in interest. Any forbearance by Lender to exercising any right or remedy
<br />I out be a waiver of or preclude the exercise of any right or rcmctly.
<br />11. Succelaim and Assigns Bound, Joint and Several Liability; Co-signers. The covenants and agreements of
<br />this Security Instrument shall hind and henefit the successors and assigns of Lender and Borrower, subject to the provisions
<br />cif paragraph 17. Borrower's cavenants and agreements shall be joint and several. Any Borrower who co -signs Ibis Security
<br />Instrument but dtx% neat execute the Note: (a) is co- signing this Security Instrument only to mortgage, grant and convey
<br />that Ii,orrower's interest in the Property under the terms of this Securuv In%irurnew. fh) is not personally obligated to pay
<br />the sums scLured by tilt,. Security Instruretw and (c) agrees that tender and anv other Borrower may agree to extend,
<br />awdify, forbear kV make any aca:ommodatums with regard to the terms of this Security Instrument or the Note without
<br />that Bsrrrtower'so:onscnt.
<br />11. Loan (1tistign. If the loan secured by this Security Instrument is subject to a law which sets maximum loan
<br />charges, fond that law is finally interpreted so that the interest or other loan Aiargt -s collected or to he collected in
<br />Connection with the loan exceed the permitted hoots. then: (c) any such loan chargte shall be reduced by the amount
<br />necessary to reduce the charge to the permitted limit: and (h) any sums already collectcd from Borrower which exceeded
<br />permitted limits will he refunded to Wirrower Lender may choose to make this refund by feducang the principal owed
<br />under the Note or hv making a direct payment to Borrower If a refund reduces principal. flit- reduction will be treated as a
<br />partial prepayment without any prepayment charge under the Note.
<br />13, I.e(gislation Affecting Lender's flights. If enactment or ex.pnraiton of applicable laws has file efr'ect of
<br />rendering any provision ofthe Note or this Security Instrument unenforceable according to its leans. Lender, at its option,
<br />may require immediate payment in full of all sums secured by this Security Instrurnem and may invoke any remedies
<br />permitted by paragraph 19. If Lender exercises this option, Lender shall take the steps specified fn the second paragraph of
<br />paragraph 17.
<br />14. Notices. Any notice to Borrower provided for in this Security Irm urncnt )hail be given by delivering it or by
<br />ensiling it by first ciaaS mail unites applicable law requires use of another method. The notice shall be directed to the
<br />Property Address or any other address &irrower designates by notice to Lender. Any notice to Lender shall be given by
<br />first Clam mall to Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice
<br />provided for in this Security Instrument shall be deerr,ed to have been given to Borrower or Lender when given as provided
<br />in this paragraph.
<br />15. Governing Law; taeverability. This Security Instrument shall hr govrrned by federal law and the law of the
<br />jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the
<br />Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Now
<br />which cart be givers effect without the conflicting provision. To ibis end the provisions of tilts Security Instrument and the
<br />Note are deflared to he severable.
<br />14. wer's Copy. Borrower shalt he given one cnnfnrnted copy of the Note and nl' this Securnv itistrument
<br />17, Transfer of the Property or a Herteficial Interest in Borrower. If Loll or arty part of the 1'rcoprrty for tins
<br />interest in it is Sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural
<br />per vin) wtthsrut L r'% priori written consent, Lcatder may, at its option, require immediate payment in lull cif all sums
<br />secured by this Security Irrvfrument. However, this option shall not he exciciscd by Lender it excrctse is prohibited by
<br />al law alto the date o f this Security Instrument.
<br />If Lviltdcr citerclWS this option, LendcT shall give Ixirrower niolice of acccicralion. The notice %half provide a rwflod
<br />offulk tem than 30 days from the date the rsotsce is delivered or rrratleal within which Borrower must pay all %unas se,: ured by
<br />' thsv ay Insirument- If Borrower falls to pay those sum% prior ro file expiralton of this period, I.ender stay invoke any
<br />pwrinitf i by t s unity Instrument without further notice or demand on Nfrrower
<br />111, Doirrowees to , If Borrower meets certain conditions, florrowei shall have the right to have
<br />this city insiru"Writ JI-Ontinued at any time prior' it, the rather of fa) % daffy) for such roster pe(nuf as
<br />f law MAY " :Ify for reuastatemeni) before fe of tine properly pursuant fro any puowar of 4ile ,:owaincd ni this
<br />'W") I tru tt, err fbf entry (sfa judgnwrfli enforcng this 'urnv Inoruntent. Ihcose c onditnon% arc than Isorrcowet
<br />fa) s Lar&r all seams which then would be due tansies^ this set uilty Instrument and the !"vote half oto attvicratoon
<br />+ 4 r i, ah) cLur any ttcfault of lathier voverrattt% err a f srrrents Is i
<br />y g rev% all ern %c% incuart°rl ui cnGtcuis; this
<br />Troy InaTruT ne,
<br />ofcluding, but rein boasted fir. reaserwlable altotncys' fees, and ids take°% su,,. h :at otou a% I rndrt tfla%
<br />r tyre ter A46are that the belt of this SM01illy In %fratmcul, 1 ender', righlw in the° fon,e tfy and 1#osisoowct
<br />s _ team i €s ) the cum a°ureal by this :unify In%iraanaant shall cotiitnur anch�oge�d I im +n r €msfatrnoerit f,%
<br />m are, t vtrrrty In0fumwril aiad (far obittlatioons soured hefeby %hall aerorai i fifllb c -rh,, 0i v 'te it had
<br />Wywvvel, fig fi hl tar reonviste %fill not apply in tote ca;w 4114, _aeketxta,.a wides t + =.i 1 "
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