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1..y 85--� ,008129.
<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 />g, 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, Coadentastion, 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 be applied to the sums secured by this Security
<br />t Instrument, whether or not then due, with any excess paid to Borrower. In the event of a partial taking of the Property,
<br />r unless Borrower and Lender 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 sums secured immediately
<br />before the taking, divided by (b) t:e 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 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 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 1 and 2 or change the amount of such payments.
<br />10. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or
<br />modification of amortization of the sums secured by this Security instrument granted by Lender to any successor in
<br />interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest.
<br />Lender shall not be required to commence proceedings against any successor in 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 exercising any right or remedy
<br />shall not be a waiver of or preclude the exercise of any right or remedy.
<br />11. Successors and Assigns Bout Joint and Several Liability; Co-signers, The cove and agreements of Lender and Borrower, subject to the provisions
<br />nants
<br />this Security Instrument shall bind and benefit the successors and assigns of
<br />ofparagraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co -signs this Security
<br />Instrument but does not execute the Note: (a) is co- signing this Security Instrument only to mortgage, grant and convey
<br />that Borrower's interest in the Property under the terms of this Security Instrument; (h) is not personally obligated to pay
<br />the sums secured by this Security Instrument; and (c) 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 without
<br />that Borrower's consent.
<br />12• Loan Charges. If the loan secured by this Security Instrument is subject to a law which sets maximum loan
<br />charges, and that taw is finally interpreted so that the interest or other loan charges collected or to he collected in
<br />connection with the loan exceed the permitted limits, then: (a) 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 exceeded
<br />permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed
<br />under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will he treated as a
<br />partial Prepayment without any prepayment charge under the Note.
<br />13. Legislation Affecting Lender's Rights, If enactment or expiration of applicable laws has the effect of
<br />renderingany provision of the Note or this Security instrument unenforceable according to its terms, Lender, at its option,
<br />may require immediate payment in full of all sums secured by this Security Instrument and may invoke any remedies
<br />permitted by paragraph 19. If Lender exercises this option, Lender shall take the steps specified in thesccond paragraph of
<br />paragraph 17.
<br />14. Notices, Any notice to Borrower provided for in this Security Instrument shall he given by delivering it or by
<br />mailing it by first class mail unless applicable law requires use of another method. The notice shaft hr directed to the
<br />Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall tic given by
<br />first class mail to Lender's address stated herein or any other address Lender designate~ by nolicr to ender tAny notice
<br />provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided
<br />in this paragraph,
<br />13. Governing Law; Severability, This Security instrument shall be governed by federal law and the law of the
<br />jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or she
<br />Note conflicts with applicable law, such conflict shall not affect other provisions of this Security instrument or the Note
<br />which can be given effect without the conflicting Provision. To this end the provisions of thi
<br />None are declared to be severable. s Security Instrument and the
<br />16. Borrowers Copy, Borrower shall be given one conformed copy of the Note and oft his Security Instrument.
<br />17. Transfer of the Property or a Beneficial interest in Borrower. N all or any part of the Property or any
<br />interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is riot a natural
<br />person) without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums
<br />secured by this Security instrument. However, this option shall not be exercised by Lender if exercise is prohibited by
<br />feral law as of the date of this Security Instrument.
<br />if Lender exercises this option. Lender shall give Borrower notice of acceleration. 'he notice shall prmide a pernul
<br />of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all soots secured by
<br />this Security Instrument. if Borrower fails to pay these sums prior to the expiration of Ihts perioxl, Lender may in c c any
<br />remedies permitted by this Security instrument without further notice or demand on Borrower.
<br />1" Borrower's Right to Reitndtte. if Borrower meets certain conditions, Burrower shall have the right to have
<br />enforcement of this Security instrument discontinued at any time prior to the earlier of (a) a days for such other peritxl its
<br />aPPlicablc taw may specify for reinstatement) before sale of the Property pursuant to any pK wtr «i'sale contained in this
<br />L purity Instrument; or (b) entry ofa judgment enforcing this Sccurity Instrument Those conditions are that HUrnmer
<br />is) Pays Lender all sums which then would be due under this Security InSIRIMCnt and the N't)I • had nn arccicratioia
<br />occurred; Ib) cures any default of any other covenants or agreements; ic) pays -Al ex;xnscr incurred in enti +r.u)g tins
<br />Security Instrument, including but riot limited to, reasonable athrrncys Pecs: and (d) takes su:h action as Lender rnav
<br />obilgatum require to assure that the hen of ill's Secuntp Instrument, Lender's tighi% in the lholant} an�i Itorn"wcr's
<br />aahiigahota t4 pap the some securr"<l by this security Instrunent %hall cot)titanc unchanged L!pou remst,ocnuvu by
<br />M:7r(rWer,. Ohio scvurny Instrtarttcnt and the ohligaimm secured hcrrby Oral) remain t'ulk )•tt "crude as it nn ;acre lcl,mon had
<br />ax-carred However, tins right a, renmate %hall not apply in the case ofiuc :rlcrahnn undo: r i,ar >turaphs I I, I
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