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<br />85`'002348
<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 />S. Inspection, Lender or its agent may make reasonable entries upon and inspections of the Property. Lender
<br />shall give 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 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 tie 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 Lender otherwise agree in writing, the sums secured by this Security Instrument shall he reduced t,v
<br />the amount of the proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediateh
<br />before the taking, dnided by (it) the fair market value of the Property immediately before the taking. Any balance shall he
<br />paid to Borrower
<br />If the Property is abandoned by Borrower, or If, alter notice b% Lcndcr 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 />given. Lender (% authorized 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 o1 her%Ise agree ua writing• any application of proceeds to principal shall not extend or
<br />postpone the due date of the moerhly payments referred to in paragraphs 1 and 2 or change the amount of such payments.
<br />10. Borrower Not Released; Forbearance By Lender Not a Witiver. Extension of the time for payment or
<br />modification of amortisation of the sums secured by his Security Instrument granted by render if) ;ins successor in
<br />interest of Borrower shall not operate it, reica,c the hahfht% of the original Horrower or Borrower's successors m interest.
<br />Lender shall not he required to commence proeeeduigs against any successor In Interest or retuse to extend time for
<br />payment or otherwise mo djfy amortization of the sums secured by tilts Security Instrument hg reason of any demand made
<br />by the original Borrower or Borrower's successors tit interest. Any forhearancc by Lender in exercising any right or remedy
<br />,hall not he a waiver of or preclude the exercise of any right or remedy.
<br />11. Successors and Assigns Bound; Joint and Several Liability; Co- signers. I lie covenants and agreements of
<br />This Security Instrument shall hind and henetit the successors and a %signs of Ixndcr and Borrower, subject to the prorrsion%
<br />of paragraph 17. Borrower's covenants and agreements sltall he Joint and several Any Borrower till) co -signs this Security
<br />Instrument but does not - xe,:ute the Note. ta) is co signing this Scctinry Instrument only to mortgage, grant and come•%
<br />:hat Borrower's interest In the Properrs tu:der nc�• terns of this Sccurn% Instrument (h) is not per%onali obligated to pay
<br />the sums secared by the 5ecunly Instrument. and I,) :agrees that Lender end :any other Horrowcr may agree to extend.
<br />mo dit', forbear or make :sty accnmmo cations %vnh regard n, the terns of this Security instruntcla or the Vote without
<br />=.has Eloerrowcr',eonsrnt.
<br />12. Loan Charges. If the loan secured by tilt% Security , Instrument is suhtcct ;u if law which sck maximum loan.
<br />Aharge'. and that Saw Is iln:dly inierprercd so that file Interest .or other Loan char4cs rollecled .m fl) he collected ni
<br />.ormection wtth the loan exceed Cite permitted lutists, then (a) einy such lout charge shall he reduced by the amount
<br />nccae%sarx do rcelucc the charge III the pernnisrd IIIIIII and it') :ally %u m, already collected from Itornower %% high C\, ecdcll
<br />permaRed limits will he refunded In H „rmwcr Lcnder matt chaos• to crake this round by reducutg the principal „sued
<br />under the \04c or by making ,a direct pa) rnent to Horrowcr If a refund reduces principal• the reduction will he treated :,s it
<br />partial prepayment without any prepayment charge under the \oic
<br />13. Legislation Affecting Lender's Rights. If enacinicnj or rxpirauon of .tpplicahlc law% ha, the rflect of
<br />rendering any pr, is o f t he Note or this Se•cunt% Instrument unenI orccabic according I:, us term,. Lcndcr..11 its t,pnnn.
<br />may require immediate payment rn I1111 of .'If %tin% sc•cnred h% tilts Secunty instrument and may I nokc an% rcnirdtes
<br />permitted by paragraph lu If Lender c.ucrci%es rhis option. Lender shall take the ,tops specified of the second paragraph of
<br />paragraph 17
<br />14. Notices. Airy 114itik:c to Borrower provided for nn Ihr Security Ilist Iolnenl shall he glvcn his delncrrng It or Ls
<br />mailing it by first class marl finless applicable law requires nse of another method I lit' notice shall le discoed to flit,
<br />Property Address or any other addres% Borrower designates by notice• to I lildcr. Any mother to Lender shall he anon h%
<br />first class mail to Lcndcr', addre%%stated herein or any other auidre•%% Lcnder designate, by notice to Horrowcr 'Nil norjcc
<br />provided for in tins Security Instrument ',flat[ he deemed to have been meet to Honowrr nr Lcndcr when pnen a% pro% ided
<br />In this paragraph
<br />15, Governing, Law; Severability. rhis Security Imtrtnncnt shall hr tto%crncd hs t:•dcral Ian% .uid the !.o% ..I the
<br />jurt%dictron m witch rite Property is heated In the event that any provision or k lau,c 1-t this ,county Insln :nicni .,a the
<br />Note conflicts wait' appheahfe taw. such C0111110 shall not affect other prmmon %of tilt, Securoy Insirufncnl .,r Ilte Note
<br />wlm:ii earl hit given cltcct without the contlicting provision lo ills end Ihr provision, it Ili, Sceurny Instrument and the
<br />Note :arc dec Eared To a )u -• %ev erahlc
<br />Ib. Borrower's Copy. Htor tower shall he atnvcn one k ,nhrt rnncd ropy if the Nair ,Ind of tilt, %c, tints Inslrlitnrnl
<br />17, Transfer of the Property or a 1leneficial Interest in Borrower. It all or ,tin part of the I'roprny or any
<br />Interest It'll is sold,m rran %teirevl tot if if hcrrclicjal interest In itorro%ver Is,nld or iran,tcf red and liortnwcn t, 111-1 ,t nahnal
<br />iersunf "Ilhout Lerni.ler'•t prim wrnicn . rnise'nt. !.ender rnay. at n %option. require Imlne(h;iw payrncni m lull of .Ili sufn,
<br />scLIST €:d by lilt% security in%truincnt. Rowe %cr, this option ,h:afl not he :xcict„si h% Lender It I xerei,c Is t,l „hihued b%
<br />ratlflaw; asufihcilateoiIhisScc 'tintylnslrument
<br />Ff Letaalcr rurcisc% hits nphkm. Lcnder, Bail gl%c H+a rower notice of .fs., cicrarnni I he nonce ,hall ling, idc ., t,, I wd
<br />t mgr It, %sthan l0days Born thechic the uoaice lsdeh%eicd o i n:uled wuhna winkh Horrowcr mu,1 pay al1 sums ukutrd ht
<br />tha%'Wxuruy Inatruinern If Horrowcr falls to pay these sum% pror t„ 16c o sl „r.iuoo �,I fill, i,rn „d. I
<br />fe,raycdte, ter €nrned by this Sa tiny In,truntent wultokit lurlhe, notice of deittand on lioi n,ucf
<br />18, 11arrowerN Right tar Reinvtnte. It Rorn,w, r an"vi% krrt,un rondtuon %, Ift,frc,%%(i ohall hair Ili, IIi•ttI
<br />erfitur.:crretrin %,itthr,'sccunly In,frununi diwonlin rd of nay till], int„I Io the• r.incct of n.Ij da%, jo; such ;,cn,,,f .,.
<br />al+pileni >le 1,41A nay •,l<cdt lot rtntst,aic- ,nrnlr rx•I„re salt 1-1 ffic I'n %licit% J nlvl.inl [,,.n,% ; %ci
<br />`w,_unt% Inst ninnc ri +, of Ihr antra tf ., nstts:unrut sitotrnog ,fits 4t,, till% Ins((Uni<•n! h li, „c , ntho, m. .v, h.j, hail, %%r�
<br />cat graty, I >'rsktcr aft slrrn, %%.frfe.h there wouid "c dun: mill'.( ;his c,tlilt % fn ;Uutttrtit .In,t Iltr A„ Ir I,.Id 1- ,k,_,irl.,f�.,,,
<br />s t r n r t v l , f i l l ill cs :tit% drt,sliif „t sly "Illrr .,,%cnanis ,a t I•.e% .ail rer,cn,r% �nrnlntf ,a ,yil, i, n;r il,r.
<br />S,r, k :uri., lv'If mot I 1. ,_, i i..l it �,... hnl tint hrnrtcd 1, .. %l r „tor, . : ".,. ,mil III, t,sl, :. •.u. t, .,, , ,, i ,. , ;,.i Ana,
<br />rc•a,a r4ly re.:q.lrok• I�. a u- ,it'll !h, 11ail (,lcj,'>•s:;,InUv lt. :junk +,i 2 i,d, ne�ht. :h, 1',�•I. -rIO ,n, I, , .,,
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