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<br />85_. 003923
<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 Borrowers 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 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 Lender otherwise agree in writing, the sums secured by this Security Instrument shall he 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) lice 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 nil 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 l and 2 or change till 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 imortization 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'; 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 :Fe original Borrower or Borrower's successors, in interest. Any forbearance by Lender tit exerc :smg 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 Bound. Joint and Several Liability; Co- signers. [he cosecants and agreements of
<br />this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower. subject to the provisions
<br />of paragraph l? Borrower's covenants and agrremen[s shat) tx)omt and sccrral Ariy Brtrmu t r u ho rn•sign :tills Security
<br />Instrument but dares not t�xcc:utc the Note (a) is co-signing this Security Instrument only tr' niortgage, grant and cow c,.
<br />that Borrower's nnterest ul the Property under the terms of this Sccurny Instrument: Sill s not personally obligated u) pay
<br />the sums secured by this Security Instrument. and tc) agrees that } coder and any ,r•h:r liorro +ter may :ig,ce to extend.
<br />modify, forbear or make any accomm tidal ions with regard to the terms of rhl, Srcurl,v Instrument or the Note without
<br />that Borowrr'sconsent.
<br />12. Luna Charges. If the loan secured by this S"Urlfy I11,ffllmClit Is ,uhject to a late Mitch Sets matnnum loan
<br />charges, and that law Is finally interpreted sr) that the Interest or other !-,an ;h:irae. ,ollCitca: or to tic collected in
<br />connection with the loan rx.Crd the permitted limits, then (a) :icy such {loan rhalec ,hall he reduced by the remount
<br />rlece,sary to reduce the charge to the permitted limn: and (hi :rot ,UIIIS allCAClt iollcerCd from Borrower %knit exceeded
<br />permitted limits will he refunded to Borrower Lender may chls)sc to make ibis rctLnd by rcducrrrg life principal owed
<br />under the Note or by making a direct payment to fiorrimer. If a refunr' r"dil X" principal. the reductioli u Ill lie fr'eaicd s it
<br />pamal prepayment without any prepayment rliarge under the Note
<br />13. Legislation Affecting Lender's Rights. I1• enactment or ccprr: 11011 of Ipph :ahle tau, leas the effect of
<br />rendering any pro%}aeon of the Note or this Seitrnit Instrunieni uncnfor:eahlc a,.:, lrir to its terms• I ender, at [IS option.
<br />map require immediate payment in full of all suit", secured by this `security Irrstnunrnt and nim ins„ ice any remedies
<br />Permitted by paragraph I4 If Lender exercises th,s upnon, L.cedcr *hall lake the Srep% speelfied it lhe,ccond paragraph td
<br />paragraph 17
<br />13, %otieos. Any it otice to Borrower prodded form this 5ectirity Instrinnent Shall be gnen by deincring it cr by
<br />mailing it by first class mall unless applicable 13% requires use of another meth(rd The notice shall Mr olirecred io the
<br />Property Address or any other address Borrower designates by notice to lender. Any notice to I Crider shall lic gnen by
<br />first class marl to Lender's address stated herein or anv other address Lender deslEnalcs by nonce to Ito,rrowt•r Arty notice
<br />provided for in this Security Instrument shall be deemed to have been gnen to Borrower or I Crider w hen gnen as provided
<br />tit tills paragraph
<br />15. Governing lAw, Severability. {'his Securoy insirument shall he j;oterned ht federal tai and the Iaw of the
<br />jurisdiction In which the Property is kicateik In the event that any prtl,ISlon or ilauw Of this Se, urily Instnnnent or the
<br />Note conflneis with applicable law. such :onflisi shall not affect other prml,lors of this `security Instrument or the NoIC
<br />which can he gryen effect wliturlrt the conflicting provision Lo thls end Ilse protlsions of till, seittritt Irstrunient and the
<br />Note arc deciated to he severable.
<br />lb. Borrowtr %Copy, 13 , "rower shalt hC gnen nor cnnfurntrol ; op} .,f the NoIr allot of ill], Srcurlft Insu (Inn•nl
<br />17. Transfer of the Property ire if Beneficial Interest in Bornmer. it all or :illy trait of lire Property or any
<br />tttterest tit it Is sold or transferred for It'd 6Cncticral interest In Borrower s sold e,r transferred and Horr.)wcr 1, rota naoural
<br />perconj without Lender', prior written consent. Lendct may. at Ili option, require Imincd;atr paiinicni In full of all swum
<br />secured by this Security instrument. llowctcr, this opm i1 shall not tin excl sed 1,.N I e•ndcl It eteicse Is
<br />w psohtt +tied by
<br />federal la as of the dale of the Security tnstrunicnt
<br />It Lerldcr e.teroses (111s option, I.ellder shall g11r lirirrv%Vr nolfce of al l elt'rafnlll I li(' 11"o'c ,11:111 plotlde :l i'ello l
<br />41-1 le-than 30day%from thedate the noticesdeliveredor marled within which Itorruuer mo,i pat all urn,,ciuli.,l ht
<br />fh)iSecurity Instrument If 1!,irt,+wrr falls to pay these sums prior t1) thc,'tliaiMon o1'tllis lh•rI•hl. I cildel 111,1t nnoA: nn,
<br />remcalies permitted by thrs Security 1n%trunu•nt withoui further mtLe of dt•ilrinil on forrower
<br />19, Wwrawer's Right to Reinstate. If fi(,romer "feel, certain uttht n, 11au•
<br />erif(,rtemenl if fats Set; writ i, (r.strunitim discraltnn CtI at any erne prlof I- Illy c :1s, 11c1 it (al s da„ i t '11,11 ,ahca p(lwd .1,
<br />aplsirsable law nlry sl,^clfy for renisiaicitient)henore sale ,f the Plolu•rtt l ^tlrsu.aw to ally lh,wrf 1 0 (onl.nned tit ill;,
<br />soci.urlf} itlstrurrsent. nr rhj entry oI .t tudgrrrent ref ,x,vrl,, this `sr4(,lrary I'l,tuunu•nl Thos( "11,111 —l" ,•,e Ih.1 H,1rr Suet
<br />tag mats I ellolcr rill sure, wdush then %%wild he du( under (lo, `sri Lnnl In,111411 ry :S r.J 01, \,•s,• S as n . I .,Il •n
<br />'to,ktrrd ±hi ., t!h'i all'. d0milr +;I frls of11et "1',"13.1111, nr Igr?rliu'nf,. I, i cat, .ill rat rn . I'11'1
<br />`w,,urlts Inarrurncnr, m(Nithrig. tilt rot hf1wrd In. rcasunahlc,iftottwi,,' I tlu, Iii I file �..,. a, :L�n � 1 1.111,; n
<br />rr .1wr rrSn`sly ray I r• e,mtare ;bur 11)e lien „t this s"r' "Icy In,litlrnrt t i rn,t, l,hhS, .1... f' �,: ile ,u.! li, �,.•u, i
<br />lhls `sc,ur l,. It;,Irur+retlr .",'�n""... 1
<br />III,, 4'11patlon „ra ur, 11 S„•r =h+
<br />•, •.. d It •a, thlt, :,rhr S , n•nl,: :rote etlrlS n„I al•ple',. rf,r i.•.. I
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