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<br />if Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument.
<br />Borrower shall pay the premiums required to maintain the insurance in effect until such time as the requirement for the
<br />insurance terminates in accordance with Borrower's and Lender's written agreement or applicable law.
<br />8. Inspection. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender
<br />shall give Borrower not ice at the time of or prior to an inspection specifying reasonable cause for the inspection.
<br />9. Condemnation. The proceeds of any award or claim for damages, director consequential, in connection with
<br />any condemnation or other taking of any part of the Property, or for conveyance in lieu of condemnation. are hereby
<br />assigned and shall be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Security
<br />Instrument, whether or not then due, with any excess paid to Borrower. In the event of a partial taking of the Property,
<br />unless Borrower and bender otherwise agree in writing. the sums secured by this Security Instrument shall be reduced by
<br />the amount of the proceeds multiplied by the following fraction_ (a) the total amount of the sutras secured immediately-
<br />before the taking. divided by (b) the fair market value of the Property immediately before the taking. Any halartce shall be
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if after notice by Lender to Borrower that the condemnor offers to
<br />make an award or settle a claim for damages, Borrower fails to respond to Lender w it his 30 dash after the date the notice Is
<br />given, Lender is authorized to collect and apply the proceeds. at its option, either to restoration or repairof the :Property or
<br />to the sums secured by this Security Instrument. whether or not then due.
<br />Unless Lender and Borrower otherwise agree in writing. any application of proceeds to principal shall not extend or
<br />past pone the due date of the monthly payments referred tom paragraphs) and 2 or change the amount ofsuch payments.
<br />10. Borrower Not Released- Forbearance By Lender Not Waiver. 'Extension of the time for payment or
<br />modification of amortization of the sums secured by this Security Instrument granted by Lender to arts successor in
<br />interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest-
<br />tender shall not he required to commence proceedings against any successor to 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 exen-ising any right or remedy
<br />shall not he a waiver of or preclude the exercise of any sight or remedy
<br />11. Successors and Assigns Bound; Joint and Several Liability: Co- slguers. The covenams and agreements (if
<br />this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject.io the provisions
<br />ofparagraph ]'.Borrower's Borrower's covenants and agreements shall beloint and several. Any Borrower who co -signs this security
<br />Instrument but does not exc *. ute the 'Note: (a) is co- signing this Security Instrument ono_ y to mortgage; grant and convey
<br />that Borrower's interest in the Property under the terms of this aecuriq Instrurncnt, (b) is not personally obligated to pay
<br />the sums secured by this Security instrument; and (e) agree-, that i ender and any other Borrower may agree to extend..
<br />moon., forbear or stake any ae ommodations witb record to the terms of this Security Instrument or the 'vote without
<br />that Borrowei s consent
<br />12. Loan Charges. If the loa;3 secured by this Security Instrument rs subject fo a law which sets maximum !tram
<br />charges, and that taw is finally interpreted sit that the interest or other loan charges collected or to be collected in
<br />connection with the loan exceed the permitted limits. then: fa) any such loan_ charge shall be reduced by the amount
<br />necessary to reduce the charge to the permitted limit: and (b) any sums already collected from Borrower which eiccceded
<br />permitted limits will be refunded to Borrower. Lender may choose to make this refurid by reducing the principal owed
<br />under the Note or by making a direct payment to Borrower If a tefvtxd teduee+ Principal, the reduction syill be Crea €ed s a .
<br />partial prepayment without any prepayment charge under the Note,
<br />13. Legislation Affecting Lender's Rights. If enactment or expiration of- appli"ble laws has the effect of
<br />rendering any pmcision of the Note or this Security Instrument unimforuble according to its terms: Lender; at its opttun.
<br />may require immediate payment in full of all sums cured by this Security Instrument and may invoke any remedies
<br />permitted by paragraph 19. If Lender exercises this opt ion, Lender shall take the steps specified intltesecond Paragrapia of
<br />paragraph 17.
<br />14. Notices. Any notice to Borrower provided Ilse in this Security Instrument. shall be given by delivering it or by
<br />mailing it by first class mail unless applicable law requires use of ancither method: The notice shall he directed to the
<br />: Property Address or any other address Borrower designates by notice tit Lcndet. Any notice to Lender shall be given by
<br />first class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower. Any rtoace
<br />provided for in this Security Instrument shall be deemed to have tietti, given to Borroweror Lender when given as provided
<br />in this paragraph
<br />15. Governing Law; Severability. This Secunty Instrument shall be governed by f•- °deral law and the law of the
<br />I urisdiction in which the Property- is located. In the event that any provision or clams ;if this Security Instrument or the
<br />Note conflict, %fill (applicable law, such conflict shall not affect hither provisions of this SeCUnty Instrument of the \ts €e
<br />which can be given effect %ithout the Inflicting pto%won. To this end the provtsto3ii, of this Security Instrument and the
<br />Note are declared to he severable
<br />15. Borrower's Copy. Borrower %Ball >c given r+nec {anforined copy of the tilde and cif this Sec ntc 1rlstyumen-
<br />17. Transfer of the Properts or a Beneficial Interest in Borrower. It all or any part of the Property ter any
<br />interest in it is sold or transferred (or if a benetcial mierest in Borrower is wild or transferred and Borrower is emit a natural
<br />rlcr anti without Lender's prior written ir,•nwnt, Lender Wray, at its option, require mmediste paeinerit in full 3+f ail ,alms
<br />-w-cured by this Sccunty iastruntent- Iici%c%cr, this option shall ruit he exeicised b4 Lender if exercise is prohiNlel fix
<br />federal la%3,of file dalcofthisaccuru% Instrument,
<br />- 9i' r west.• __ ii�:i� _ I y �. ihotI.a,�... Il.0 _...I..r i3.... �iy.�Yl a �3.. �i
<br />�f not less than 30 day s'iruna the date the nods: is dehvcred or mimed %[thin which B.:Irra%er must pay till suits se i tcd Err
<br />fora St:i^urifq Instrument, 11 Borro%er fads io pay thtw sums prior to Ih,ecxpiiation of this pvnivl_ Lendet may imokc .inn
<br />r stxtdies itenttttted t y this Securt vM f
<br />y Instrument without fun no :e ir demand on Borrower
<br />18. fl-orro*ees Right to Reinstate. If Borrower mects :maul ci,trialillons, Borrolvot shall have the right
<br />enfi', c Inert sit thts'sccurttt Instrument discoatmued at any Britt itriar its the "doer cif_ W i daystar such otbei pen -.f .s
<br />a,#tpirc,alrlc. law olj3 14WW1, ieir tenttitat meta} 1 Ittr'c sate of the Pr± +petty pursuant 10 ans powe:i at "Iv r zi ?jai d iii, obits
<br />czurttE ltisiiuinctti, i,r (!,[ rnlry ci a tad(fnnent etrfiiratng tools tirrt•ttrtty Instrument I`hs.w,,'ondtttons a: :, itiati
<br />fill pay, 1,.O WO ;ill ruin, .a1n,h ,)tell %,Auld he due us „ire this sir arty E13,tfc[somt and the N-1, had m_ sic. -I 3aii--i.
<br />i?icunrer,9 tt'i >Ul(- jiffy ilrhloult ill stay Lahti ciacenanli, ,Ir a(freemenis t =) 1�4v< ill L :- ,!tied u; et!.Of t k! ills=
<br />`*a,ort9, lrtct[xi rstel :i_ in, l,.dtoµ, fill[ nn4 irtnitcil foe- tr.^asi :nat*ir attorlin s' icy: ati3 tdt [,tors Ii. 11 eta m, -a •,
<br />thi'• sex' -wily hl,frtrtnettt. I ! =taale'-F', ,-PSai .px tdg: 1 !t�i'f -.a a, -s ii °.r -•�cr
<br />, ,iii ?ti. 'm, -,ck ilfe'J tyi ill!, i*ra eir ?;g In't,,urtet.'10 Stoll -.coat iiOlt. tip "I t —1i, -a�,.
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