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<br />E If Lender required mortgage insurance :rs a = r, :litson of rnaking the !+ a sc .toot ti r : 'n t-umert,
<br />tnr
<br />r Borrower shall pay the premiums Lequuad nl ,amtam lac tnsurancc in e feet unt u h hsne hs .rYiulremcn. the
<br />insurance terminates in accordance with aids jwver•s and i.endcr � written agreemen in apphcahle tal .
<br />lender
<br />a. lgertlon. Lender or Its agent may make reMonable entries upon and inspections of the Properly shall
<br />give Borrower notice at the time of or prior to an inspection specifying ea nab!e cause for the ins
<br />•onnr with any
<br />Ipectio:t.
<br />1. Cende>�oo. The proceeds of anv award or ::Iaim for damage. direct or :onscVcntaai, in :tion
<br />condemnation or other taking of any part of the Property, or f.)r conveyance in ties of condemnation, are hereby assigned
<br />and shalt be paid to Lender. t
<br />cu:ed this Security
<br />in the event of a total taking of the Property, the proeeds shall be applied tx) tine s r , >e ty
<br />Instrument, whether or not then. 1ue, with, any excess paid to Borrower i.l the event of a partial asking of the Property.
<br />Borrower and Lender otherwise agree in writ,ng, the sums soured hs 'hits reunify tnstrlrtrnt .Stall 1rc reduced by the
<br />unhss
<br />&MUM of the proceeds multiplied by the following fraction: (a) the total ar ,nt +-if ill sums s -;cared itnn e i anew hefore the
<br />taking, divided by (b) the fair market value of the Property immediately lefore he taking. Any halar shall he paid to
<br />Borrower.
<br />If the Property is adand,ncd try Borrower, or if, after notice by Lender ',o 130rrnwer that the condemnor offers '0
<br />make an award or settle a Clair.: ter damages. Borrower fails re.. reipond to '_ender vathin )(i days after the date the notice is
<br />given, Lender is authorized to coiled and apply the p rocreds, at its option, either, to restoration err repair of the Property or
<br />to the sums Secured by this Security instrument, whether m not '.cr due.
<br />Unless Lender and Borrower otherwise agree in carting.. applicatiein of rocreds to principal =.hall not extend or
<br />postpone the due date of the monlh':y payments reforest to in paragraphs I and' or ;hange the amount of such payments.
<br />19. borrower Not Rtkaaed: F'orlseanilce R) Lender Not a Waiver. Extension of the time for payment or modification
<br />of amortization of the sums secured by till+ gecunty Irst :ument granted by Lender to any successor in interest of Borrower
<br />shall not operate to release the liabiht, of ncc original Borrower or Burrower'.: <uccessors in interest. Lender shat' not he
<br />required to cominenee proceedingt agairot any successor in interest IN refuse to extend time for payment or ofherwtse modify
<br />amortization of the sums secured by thls Security instsumeril b reason of any demand made by the original Borrower or
<br />Borrower's successors in interest. Any °orbearance by i.ender i.: exemising any right ix rein @dy shall rint he a waiver of or
<br />preclude the exercise of any right cr remedy.
<br />11. Suecemrors and Assigns Bound; Joint and Seven' Liability; Co- signers. The eovenan.ts and agreements or this
<br />Sertui[y Instrument ,bast bind ar)i bcrefit the sucesuzrs and assigns of L.endet and Borrower, subject to the provisions of
<br />paragraph 17. Borrower's covenants and agrecinems shall hr ) n: and several. Any Bono•.sei who CO-signs this Security
<br />Instrument but does riot execute the Note: tat is ;o•signirg chi.. Secumy Instrument only to mortgage, grant and convey that
<br />Borrower's interest in the Property undct the tern,, of hiv tie Ur—t, insaument; (hI a not personally obligated to pay the
<br />$urns secured by this Security instrument and 7,t riot es that Lender ::n' anv s)thel Borrower may agree to extend, modify,
<br />forbear or make any accommodation. v,iih regard to 'tic terms of :his tiecurit, instrument or the Note ,ithouf that
<br />Borrower's Consent.
<br />12. Loa Charges. It the led .t ;l td by .ms siccumv Instrument 15 .ir).e t to a law which Kets maClrli ilm 10an
<br />charges, and that IitN' is !Ina11V mt @rpr,if t h tr interest Of .Sher :C do charges oliected of M hT 0111e-led :n �nnnection
<br />with the loan exceed the psnniraru (Intl,. t7 :.: is, aj) ouch ':)an charge hail we rea„ced h, [hC dtnnnflt ne. CSjaF, In -educe
<br />the charge to tile permitted Irmil; and (bi any sunt5 already collected from Borrower which exceeded permitted limits will be
<br />refunded to Borrower. Lender may chocne io make this refund by reducing the principal owed under the Note or by making
<br />a direct payment to borrower, if a refund, ntaccr, principal. the reductson will he treated as a partial prepayment wiilout anv
<br />pfe(saymerll charge Tinder the Ntiic. .
<br />13. Legislation Affeetiva t.ende� n Rlahte. tt CnaCtinent IT nir ants. e,`, applicahle !caws has the -!test Of rrnderng any
<br />provision of the Note or this Security ilu:rnnent :tnen!urze4b e Cles;l nk le. :arts I Coder, at its oplit n, may require
<br />immediate payment in foil of till supii, t.ecured h, rots St-,uriry Instrument and may invoke any remedies permitted by
<br />• paragraph 79. it Lender ercrci— rh,s �?ption, 1_er:der shalt taw< the steps ..pr'ifi d in the second paragraph of paragraph f'.
<br />for in this �,ecnn[y torn utnent 5ha11 be given by delivering it or by
<br />14. Aiaticed. Any notice to Borrower pia%ided
<br />msib# it by first slats mail unless arrifcahle raw real -Ut's air of another rnetilcKl. 'Pole rnti c s}ta{I he directed to the
<br />Property Address or any otter address Borrowct designates -iv non c to f ender. Ar;y notice In Lender shall be given by first
<br />ender denates by notice to Borrower. Any notice
<br />class matt to Lender'% address stated 'sere:p. or any ether address tender rm
<br />ne Deemed ro haiie heen given to Borrower or Lender when given as provided in
<br />provided for in this Security Instrument ;!tali
<br />this paragraph.
<br />IS. Gave�tR Law; leverawly• Thi. 4c unity Insm.imeni Sitatt be gn%ern@d by federal taw and the law of the
<br />iurisdiciion in which the Proper,) is orated Ir .he event tilt any tro _tors, or clausr of his Security Instrument or the
<br />Note conflict% with applicable law, s % cp!hct shalt stet a :fe. -! ether lire,tkions of this Security tnstiumenl or the Note
<br />which can be )liven effect without the set =. itcCtng ;)rovision. To this end the provisions of this Security Instrument and the
<br />Not are declared to be sevrral.,ic,
<br />i6. borrower's Coley. Borrower shall Ie g ^.cn one conformed Copy of the Note and of this Security Instrument.
<br />17. Truster of the Property Of a DeRtfieint lntefem in Rarrower. If all or any part of the Property or any interest in it
<br />is sold or transferred for if a beneficial interest. in Borrower is sold of transferred and Borrower is not a natural person)
<br />without Lender'$ prior written consert. Lender may, at its option, reou're immediate payment in full of all sums secured by
<br />this Security Instrument, Howe,er, thtn option I.halt not bt e,rTo,ed h. Lender if exercise is prohibited by federal taw as of
<br />the date of this Security Instrument
<br />It Lender tttrcese$ this option. !! ender shall give Burrower nonce of acceleration. the notice shall provide a period of
<br />trot less than V days from the date the notice ?, etrhvered It ma =ltd within which the Borrower must pa': ail sums secured by
<br />tins !iecurnty instrument. It Borrower fails €e pay these runts prior to the etpiration of chic peri(nh, Lender may invoke any
<br />remedies permitted by this Securisy Instruoent without further notice or demand on Borrower.
<br />14. bofrowar's RjW to ReFNbta If %urtawer meets certain conditions, Bc?rro�er ,haft have the right to ha,r
<br />enforcemaf of this Sa,urity Instrument disctmtinucd at any time prior to the earlier of: ter) 4 days (or such other period as
<br />appsa;ahk later may s, ify or reirimateinentl bcfcte sale of the Property pursuant I, any ,(,wet of :ale contained In his
<br />`iactsrity hwrument; of ib) entry of a Judgment enforcing this Securav instrument. 1 hose conditions are that Bortower Eat
<br />�a
<br />pays Letter an sums which then would trt ilue under this Securry instrumeni and the Note had no acceleration occurred nb)
<br />instrument.
<br />incurred in enforcing this Snurty instrument.
<br />cures any default of any other covenants +t artreements; (e) pays all expenses
<br />,tut tot bruited to, rm—Ainahie a±sorney's fees; and id) take, su 1 action as i.cndet nay reds r ahl, req re 10 as err
<br />that tot Men rot this Cecuitry" Instrumersr. I_ tinder', r,ghl, is, the Pror,�er.s and Botfowrr': )IitigaIiort III pay the .um, wc.,red
<br />rw•
<br />C+y this %ftlurtry Initlumer.S Stall continue unchanged_ t. >r�on rtitrstatMltrn; h, fSottt;wer, th,< See,;rit} Instntmens Snout the
<br />v) 4WfssmK uu:ured herein shall rrn,ain f u:iy effettii,c its if so aiceleta'.i l:a,i vz.,lrtr i ft_iweser, this r zhr :, :e. ^sf ii'. +la!i
<br />M31 smsty rn the :a. t 0 ndcr - agraph, t 1 :. t' _ 1 , .t r.
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