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<br />�- ss— 102025
<br />If Lender respired mortgage insurance as a condition of making the loan secured by this Security instrument,
<br />Borrower shall pay the premiums regwred to maintain the insurance in cheer until such time as the requirement for the
<br />insurance termites in accordance with Borrower's and Leader's written agreement or applicable law.
<br />g. loyaetiol . Lender or its agent may, snake reasonable entries upon and inspections of the Properly. Lender
<br />shall give Borrower notice at the nmc of i t prior to an inspection specifying reasonable cause for the inspection.
<br />�p
<br />!, drrotlao. The proceeds of any award or claim fw damages, director consequential, in connection with
<br />any condem"wo or Other t9lims of any part of the Property, or for conveyance in lieu of condemnation, arc hereby
<br />tt itiitm l and shall be paid to Leruler.
<br />In the event of a resat taking of the Property. the proceeds shall be applied to the sums secured by this Security
<br />Instrument, whether or not than due, with any excess paid to Borrower. In the event of a partial taking of the Property,
<br />units Borrower and lender otherwise Agree in wetting, the sums secured by this Security Instrument shall be reduced by
<br />the amount of the ptacceds multiplied by the following fractl0n: (a) the total amount of the sum; secured immediately
<br />before the taking, divided by (b) the for market value of the Property immediately before the taking. Any balance shall be
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Burrower that the condemnor offers to
<br />make an award or settle a chum for damages. Borrower fails to respond to Lender within 30 days after the date the notice is
<br />given, Lender is authorised to collect and apply the proceeds, 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 due.
<br />Unless Lender and Borrower otherwise agree to writing, any application of proceeds to principal shall not extend or
<br />postpone the due date of the monthly Payments referred to in paragraphs I and 2 or change the amount of such payments.
<br />110. Borrower Not Relaxed; Forbear"" By leader Not a waiver. Extension of the time for payment or
<br />modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in
<br />interest of Borrower shall not operate to rclense the liability of the original Borrower or Borrower's successors in interest.
<br />Larder shall not be required to connyence proceedings against any successor in interest or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made
<br />by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy
<br />tihall
<br />not be a waiver of or preclude the exercise of any right or remedy.
<br />11. Socesisms sad Assivil Bouod;.loint ad Severd LiaNlity; Ca signers. The covenants and agreements of
<br />this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions
<br />of paragraph 17. Borrower's covenants and agreements shall be joint and several -Any Borrower who co-signs this Security
<br />Instrument but does not execute the Note: (a) is co- signing this Security Instrument only to mortgage, grant and convey
<br />that Borrower's interest in the Property under the terms of this Security instrument; (b) is not personally obligated to pay
<br />the stuns secured by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend,
<br />modify, forbear or snake any aaommoda ► ions with regard to the terms of this Security Instrument or the Note without
<br />that Borrower's consent.
<br />12. Leoo CMarom if the loan secured by this Security instrument is subject to a law which sets maximum loan
<br />charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in
<br />connection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount
<br />necessary to reduce the charge 10 the permitted limit; and (b) any sums already collected from Borrower which exceeded
<br />permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed
<br />under the Note or by making a direct payment to Borrower. if a refund reduces principal, the reduction will be treated as a
<br />partial prepayment without any prepayment charge under the Note.
<br />13. I,egiolatwn Aflfectirgt Lender's Rights. If enactment or expiration of applicable laws has the effect of
<br />rendering any provision of the Note or this Security Instrument unenforceable according to its terms. Lender. at its option.
<br />may require immediate payment in full of all sums secured by this Smut 11Y Instrument and may invoke any remedies
<br />permitted by paragraph 19. If Lender exercises this option, Lender shall take the steps specified in the second para llfaph of
<br />paragraph 17.
<br />14. Notices. Any notice to Borrower provided for in this Security Instrument shall tx given by delivering it or by
<br />mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the
<br />Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by
<br />first class mail to Lender's address stated herein or any other address Lendcp designates by notice to Borrower. Any notice
<br />provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided
<br />in this paragraph.
<br />15. Governing Low; severability. This Security Instrument shall he governed 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 Sctiunly Instrument or the
<br />Note conflicts wi ec
<br />th applicable taw, such conflict shall not affect other provisions of this Security Instrument or the Note
<br />which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the
<br />Note are declared to be severable.
<br />hi. Borriewlr'a Cory. Borrower shall be given one conformed copy of the Note and of this Security Instrument.
<br />17. Troodbr pf the Properly of a Beaeffcial latere►t in Borrowers If all or any part of the Property or any
<br />intern in it is wld or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural
<br />person) without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums
<br />secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by
<br />federal law a. of the date of this Security instrument.
<br />If lender exercises this option. Lender stall give Borrower notice of acceleration. The notice shall provide a period
<br />of not less than 30 days from the date the notice is delivered or marled within which Borrower must pay all sums secured by
<br />this Se urity Instrument. If Borrower fails to pay these sums prior to t he expiration of t his period, Lender may invoke any
<br />remedies permitted by this Security Instrument without further not or demand on Burrower.
<br />1111. Marrouves Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have
<br />enforcement of this Security Instrument discontinued at any time prior to the earlier of (a) 5 days (or such other period as
<br />applicable law may specify for reinstatement) before sale of the Property punuaol to any power of sale contatited in this
<br />Security instrumenl; or tb) entry of a judgment enforcing ihn Security Instrument l'htM conditions are that Burrower.
<br />(a) pays Lender all sums which then would he due under this Security Instrument and the Note had no acceleration
<br />jwcurred, (b) rusts any default of any tither covenants or agreements: (c) pays all expenses incurred in enlm-lig this
<br />Securoy Insirument, including, but not limned w, resstmable attorneys' lees, and (d) takes such action ns Lender maY
<br />reasonably reyuore to assure that the hen of this Security Instrument, Lender's rights lit the Property and hormwer'x
<br />ublipinat to pay the -wins secured by this Security instrument shall tontintie un.hauged 111-11 reutstatrn:cnr t+y
<br />ltntrtiwrr, ihis 5 %urity Instruiner+l and the oPotigatitxis secuted hereby shall remain hilly etfectile - I) nn :I, l rlrl :11 u1n nl N,t
<br />Ifni nghi lit trut-late shall toil a1,1,1y m fill,, :Jw "t ,u,cicinu-n �i ... !- i 1"i-itr.'IA" l i oI
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