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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 vav 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 few.
<br />8. Inspection. Lender or its agent may make reasonable entries upon and inspections or the Property. lender
<br />shall gip a Borrower notice at The time of or prior to an inspection specifying reasonable cause for the inspection.
<br />9. Condemnation. The proceeds of any award dr claim for damages, director consequential, in connection with
<br />any condemnation or other taking of any pan 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 s partial taking of the Property.
<br />units Borrower and Lender otherwise agree in netting, the sums secured by this Security instrument shall be reduced by
<br />raction- (a) the total amount of the sums secured immediately
<br />the amount of the proceeds multiplied by the following f
<br />before the taking. divided by (b)i the fair 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 Borrower that the condemnor offers to
<br />make an award or settle a claim for damages. Borrower fails to respond to Lender within 30 days after the date the notice is
<br />given. Lender is authorized to collect and apply the proceeds, at its opption. either to restoration or repast of the Property- or
<br />to the sums secured by this Security Instrument, wbether or nor then due
<br />Unless Lender and Borrower otherwise agree in 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 />10, Borrower Not Released; Forbearance By Lender %ot a Waiver. Extension of the time for payment or
<br />modification of amortization of the sums secured his this 5ecurits instrument granted by Lender to any successor in
<br />interest of Hum, wet shall not operate to release the liability of the cpngmai Borrower or Borrower's successors in interest.
<br />Lender shall not be required to commence proceedings against any succtsscir in interest or refuse to extend time for
<br />payment or otherwise modify amortization of the sumssec'ured his this Security Instrument by reason of any demand made
<br />by the original Borroweror Borrower's successiirsin interest Any forbearance by Lender in exercising any right-or remedy
<br />%Ball not be a waiver of or preclude the exercise of any right or remedy
<br />III. Successors and Assigns Bound;, Joint and Sacral Liabitity; Cie- signers. The covenants and agreements of
<br />this Security Instrument shall bind andbenefit the successors and assigns apf Lender and Borrower. subject to the provisions
<br />of paragraph 17, Borrower's covenants and agreements shall be joint and several. Arty Borrower who co -signs this Security
<br />Instrument but does not execute the Note +al is co- uymtng this Secunty Instrument only to mortgage, grant and convey
<br />that Borrower's interest in the Property under the terms of its Security Instrument; (b) is not personally obligated to pay
<br />the ruins secured by this Security Instrument; and ici agrees that Lender and any other Borrower may agree to extend,
<br />modify. forbear or make any accommodations with regard to the terms of this Security Instrument or the Note withouit
<br />that Borrowers consent.
<br />12. Loan Charges. if the loan secured by. this Security Instrument is subject to a Iaw sahXh sets maximum loan
<br />charges. and that taw is finally interpreted so that the interest err uthet Fran eharges collected or to be collected in
<br />connection with the loan excce d the permitted brmts, then fad any such loan charge shall be reduced by the amount
<br />nm -essan to reduce the charge to the permitted bmit. and (b) any sums already collected from Borrower which exceeded
<br />permittel limits will be refunded to.l3orrowcr. Lender may fo make this refund by reducing the principal owed
<br />undertlrc Mete or by making a direct payment to Borrower if a rcf %and reduces pnncipal, the reduction.wilt be treated as a
<br />partial prepayment without any prepayment charge under the Note
<br />13. Legislation Affecting Lender's Rights. If enactment it ckpirazion of applicable 'saws has the effect Of
<br />ren+acring any provisu.n cif the Note or this Secunty Instrument unenfa rceatpfe accordmg io it; remiss. Lender. at ns option.
<br />may require immediate lxivmrnt in jufE of a�tt s ms secured bw chi= writ} Instrument -and may invokcany remedies
<br />permitted by paragraph 19 if Lender exercises this option Lender shall take the steps specified in the second paragraph of
<br />paragraph 1'
<br />14. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivenng it or by
<br />mailing it by first class insil unless applicable law requires use of another method The notice shall be directed to The
<br />Priperis Address or any other address Borrower designates say nouA r tit Lender Any notice to Lender shall be given by
<br />first class mail to Lender's address states# herein or any other address Lender Jts:gnates by notice io Borrower Any notice
<br />provided for in this Security Instrument shall be decreed to have iKern ,ri en to Borrower 4 r Lender when given as provided
<br />in this paragraph
<br />15, Governing Law; Severability. f hi Se unzy Instrument shat: be gi -erned bs federal taw and the Sasv of the
<br />jurisdiction in which the Property is IoLated In the even:: teat any k,rocvI'dart of clause of this Seiunty Instrument or the
<br />Noic conflicis with applicable iaw, such conflict shall not atfeI:1 oihtr pr ,,iNions cif this Secunts Instrument or the Note
<br />which can he given effect wiilwui be i ^onitic ing prcasi�an to ihs end the proI,isions ofthis Secunty inytrumerst and the
<br />Note are declared to be wvcrable
<br />16. Borrower's Copy. Borrower shall tv given <.,rc._,ri; rmea i,,py i4 the Note and ,It this Sccurov Instrument
<br />17, Transfer of the Property or a Beneficial taterest in Borrower. if all or any pan of the Prtperty or any
<br />fineresi in it is sold or transferred (or if a hcnc,w-lal mierestin K>rTawes is -slid r trar.,sfeired and Ncirr:)wer is nisi a natural
<br />pers,om without Lender's prior wnnen ccnwnt. Lender may ar ;ts + tiati, rcguire- imniediatc payraenr in full c!fair 4 m,
<br />secured by this Serunty lnsfrumem However, this. option shall not 'he excicised by Lrndcr if exercise is prohibited toy
<br />federal law as of the date of this Secuniv Instrument
<br />tf Lender exercises this option, Lender shall give BiorrcTwer r Luce cif acctieration Tnc n4ncc shall ,.. v �e } crz u
<br />o not less than -,O da`x from be daie tiie notice is dciiveted.4r inadcd v.ithm which Boirc�wri must pay all sums xcurca; b}
<br />lists sccunty lnstrumeni. If Borrower fails to pay these sums prior i<,, the of this period. Lender may snscri,_ nit.
<br />rcrncdies permme.d by this Security Instrument without further iwt.ce gar ,den ;and can Biirr,iwcr
<br />18. Borrower's Right to Reinstate. if Borrower meets ccrtain conditions, Harrower shall have the right ±E >'tcavr
<br />rnfareement of this Security Instrument dtsconiinucd at any time prier t a the earlier ti #,cal 5 nay s err such citl er via a,
<br />apiri,ahle law eta) w ;essfs fcr ttinstarenientt t3ef Arc at i f the Pr_ =prrty trsuint i -;ui} 1w�uer vleccinta,ned '; =the.
<br />`s curw,, Istru_mcao t,t ibi cnirs a,f a 3uJgrnCnT cnfor,,;,,b ,cue. Ne.'vriry
<br />iar la's Lmr lct all punts which theta -ould N+ dut ,indcr +iii. Scx urtty Ins'rarrcnt and i'se Noic had
<br />ri,, , errs .iii, ;fefauli q,t ariy tether cr.:i�i.nnts v ngrmrriiien't,. v pay, a1€ vf, -,acs '.—,irrc,. ,n
<br />pct i, r, 11'esis,i -V11t `117 4 +4 limt'fed tai rya *xAnlC attar n,y, fec, nerd i,3i tai.e, +aa,:h .t.ric,ai ae Lrr,.fc-i'
<br />�•.a, n= :x -. c u r .h,3P .3, ,err ;€ afii4 4 ,tnSy' lnvtrU r" 1 r,...r ht f't
<br />',w t;?dB 4r.:u r.i fry §,SS7ir ,.t OT'J"t
<br />1711 +11g,JtP Tit stir,
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