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85--- 002305
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<br />Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument.
<br />Borrowet shalt pay file 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 notice at the time ofor prior to an inspection specifying reasonable cause for the inspection.
<br />9, Condemnation. The proceeds of any award or claim for damages, direct or 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 he applied to the sums secured by this Security
<br />Instrument, whether or riot then due, with any excess paid to Bnrrow•er In the event of'a partial taking of the Property,
<br />unless ftiirrower and Lender otherwise its in writing, the sums secured by this Security Instrument shall he reduced by
<br />the amount of the proceeds multiplied by the following fraction: fat the total amount of the sums secured immediately
<br />hefiore the taking, divided by (h) the f;ur market value of the Property Immediately before the taking. Any balance shall he
<br />piled to Borrower.
<br />If the Property 11 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 falls to respond to Lender within ;0 days after the date the notice is
<br />gtecn. Lender is authorized to lolled and apply the proceeds, at Its Option, either to restoration or repair of the Property or
<br />io the sums secured by this Secuntc Instrument, whether or riot then due.
<br />Unless Lender and Borrower otherwise agree m witting, any application of proceed+ to principal shall not extend or
<br />paistponc the due date of-the monthly payments referred to ill paragraphs I and 2 or change the amount ofsuch payments.
<br />10, Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or
<br />inok.11 icatioll of :amortization of the ,urns secured by this Security Instrinr.ew erantrd by Lender to any ticcessor in
<br />interest of Borrower shall not operate to release the lianditp of the Original lioirower fir Borrower's successors ul interest.
<br />Lender shall nor lie required to continence proceedings against any +urccs, r In interest or rctuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Security Instrument hii rcau n of :un demand rnade
<br />by the orlQmal Borrower or Borrower's successors in Interest Any forbearance by Lender in cyercisulg an+ i ighi or remedy
<br />shalt not lit a wanner of or preclude the exercise of any right or renleoiy
<br />11. Successors and Assigns Bound; Joint and Several Liability; Co-signers. I he Covenant, and agreements nl
<br />the 1CCUriI% InItiruinew Shall hind and henefit (lie successors and assign', of I Crider and Borrower. ,iihj,`ci to the pro %i,i. is
<br />of paragraph 17 Borrowers co%crlanas avid agreements , hall be joint and several Any Horrouer \e ho 'o- signs Ihls securlly
<br />11111rrm1C11t bill dOCS 1)(11 CXCCIIte the Note (:l) IC io- ,Ignlllg till`+ Sec lint\ InYirumeni only !t) Ith)rtgage, ilraill find iI'llit :%
<br />that Borrowers Interest 111 the Properly ;intfer tit' term,, of fill. Secured ln,,irninen! it)) Is not pers, "•nally onlle':Ited t•) pa\
<br />the ,urns secured by this Security Insirimirni and (Ct agrees that I ender :and any )tile[ Hnlrowcr ❑ io, a;;rre l') rstt'nd.
<br />tna)dlfy. forbear IT make :lnA aCCnrlrnrdalu"n, with regard to the terms,tl the, II,Irurncnl t r the Not;. •anhoul
<br />!flat 13nrrnwcr'sron%cnt
<br />12. Loan Charges. 11'111C I. "an secured by this leculll\ IIINIrilinvill Is stib(eet 111 :a l.aw whllh `,cl, 111ax1lnul :l loan
<br />,h:argc,. ;and that law Is tniaik 1tlterprcl(A ,,o that 'ill- interest ,,I )lhcr loan Chari'dt, collcLted "1 I,.) he :oll"teci in
<br />;onnecnton with the loan rxecc•d the Icrmltted Ilnnls. then tal my such I,)an : hargc shall be R•dUCCLI I•y the .unnunf
<br />IWCCSSary r,) redllCe the i barge io the pertintled 1111111 and (h) any ,unis already .ollected In in Htartiw'er w li0i exCeedcd
<br />perran €Ied limit, will by refunded to Horrnwcr I ender miry Awow to slake ihls refund ht redu, :nig fit,: pr!nclpai ."welt
<br />under rile Note or by nlaklilg a direct payment In Hl)rrowcr If a rehind rc.luces prnxipal. the reduction wlii he treated as a
<br />partial pre! yrnent without any prepavnnent Charge under the Note
<br />13. Legislation Affecting Lender's Rights. if cnactment or t'xplr:uu)o of applicable laws has the effect of
<br />fendc;mg any prtwtsloll (It the Mlle err lilt, lieelallty Instrument uDCII1OICCllhlC :f u't "rding I,t II, lernrs. 1 endct, aI its npfloll,
<br />)lay rcdtwre rlmnednllc flaynlCfal Ill full td .111 sums secured he this Security Instrument and nsay lnvokr :am remedies
<br />pernntteel by paragraph 11) If Icndel exrrctses this opitim. Lemler ,hali lake the Steps speClf1Cd In Iht: second paragraph of
<br />paragraph i7.
<br />14. Notices. :\ny norree tr. Burrower pn.)vuled fOr ul this Security In trumcni ,hall he eocll by drincnng a t,r h\
<br />tnallint! 11 li\ tlt+l .lass Mali tlldess appilk:ahle law requires use of im-ther invihod 1hr nonce .haii be tnrectt:d Ile Ilse
<br />Property Address or .in% ;tthcr :addre,s lmiower dclignale, by iodic ter l.enifel \tly I1(iiicc I,) 1 glider shall NO F.l\rti !,%
<br />first C1as% mail ill Lcnde'r', address slated livicln or any other addre+S I ender designates by no!iet• I;: liom,w er \I nolne
<br />prw, ikled for In 11111 Sett urlly instnlnicto Shall he deenird to ha%v hc•e•n riven rte Harrower Ili I ender n h: n elves _a, t "rI'%ded
<br />in Ohl, par aagiaph
<br />i4. Governing Law: 5everability. Lens Secunrs Instrunicm sIi.11i he tl.IvenlcJ by t•. ilctnl I of .,fill I It, i.ree Ill the
<br />{fir l+.f {!ellr"II in yv line ll lit:• Propert •: i, !tc;ncJ In the event thst any 1,1,"t1,n"n t., ,: l,ulsr „! Iins tit CUn•y In +ln :n;ru! ,•r N1:•
<br />�.14 e' ei' :itlli t+ ".11h .l pl1llC;ihlC I.lw,'(IC }1 Contlrct `,hall 1w; affect oilicr pft " \i,!,?ns ,"f ill1, Sc, alrn 1ii,!tntnc;!! •'r :lit'
<br />calf he Mi\Cfl r; rfe'ct to dhow Oic. onfiicling I' :it,%1 "on it11111, e,lld the prt, \l,lons,4 Ihi� Sr, : :rill 1'l,I r:; i "!:_tit awd !hl'
<br />.ore ek'L !:nod fir OW +Ye el'able
<br />16. IllorrefN'W%t no. Hot r,"tedl ",lull! l» t'1 \en cite . .,t,)rt!lcd lop% „t tit' Not'. 111,11 rh!. ,I,. I!t'!( f 1',II ll lt,t'!II %
<br />I'. Iransfer of the Prrperty oil, it Beneficial Interest lit Brlrro„er. It .,!I „r any l att , ! i'ru' }'trl"ctit ,a
<br />-Wc7c "I m li t •I'ld or €roll +lcrrt'd (, ", if ;I htllrtli lJl 1t11etest !II Bon r(`wt•f 1,, "Ild III I Iatl ,,for f.'(i .Ind It'll o "Ott ,. II, It ., 1,,I, .a1
<br />n` 1, l'I wit fie "ilk I t11"C"' + I1r1t "! wri[It'_n ''Ite "-nt. I entice f!l;iy, •at it „1(111, "n, [cq ". 111M, 111,11, "ax Im"Il In 1111? „I .,d '.ti!l;,
<br />'If,Wred ill, Ihl+ lC +urili lnstrt;IIII r However. Ihl,, IIpu-In •!!all 11111 he rxcicls,'d by I I. ndt'r if -xenfir n i1lrhlhiird ? ^.
<br />t :t¢'B;�91i Li” as If Ihv dale` III lilt, N e, Ill 'If % lIt +tr'!Ifoenl
<br />11 11FI(ICI I ,xrt(:ase, fill, It "r1.ns. L,CrLtCr shall gilc Mirrowcr ,"r.lcccier.atr,n 11w •,I'!a !'hall fit•,: ,1t- • Vcl1,,,1
<br />¢rx "r!ke?ilal, ill clay fnitrl the d:llefhe "utltccl,tl elltC rt -d r lithe d ,vit hln Ilk Ili. hilolI.,k%otlim"IIvy : ill ".unls.,vule,lhv
<br />kkti a €y l rI,ir k r I Y l t' It H<1; 1,,a,' dil Ill lnpiay 111 e.P`, li!11, rI,,11 lI I c,- x 111 t a Uri n,. I I }II,I,,I ), ", 1.1 t'II,IcI IIIAt II••,,j,t
<br />;lerr'rtnla'd h,, this let Ill w, lf!slrunwnl w llhtlut ill; tl!B'1'I,t, l Ite''r d t'lli:lt)d,11111, II r r kv!
<br />M lirn•rowvr's Right to Reinstate. It 1St (a 1 lnrt i r111n na tIt "n+ Holllnx r hall 11 !l ;?w ,1 hl t h.or
<br />1 f<a (f s'ftl "1 hI, St,, tl Ei. IG.Itttf! ill 'll ,flllkw I , ,not 1 ft I -lillr I h( '!rl tr 1 r,tl t',+t I '11 ,11 „tf I : ,,'J 0.
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