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<br />85,004808
<br />If Lender requited 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 et %ct until such time as the requirement for the
<br />insurance terminates in accordance with Borrower's and Lendef s written agreement or applicable law.
<br />8. Inspeetioa. Lender or its ageatt may snake 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. CAmde ration. 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 ir, 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) the fair market value of the Property immediately before the taking. Any balance shall be
<br />paid to Borrower -
<br />if the Proper•ty 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 authonzui 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; Forhearwee By Lender Not a Witiver. 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 rcason ofam demand made
<br />by the original Borrower or Bori -corer s successors in interest. Any forbearance by Lender in exercising any right or remedy
<br />shall not be a waiver ofor preclude the exercise of any right or remedy.
<br />11. Successors and Ataitpts Boned; Joint and Several Liability; Co-signers. The :ovenants and agreements of
<br />this Security Instrument shall bind and benefit t he successors and assigns of Lender and Borreiwet. subject i o t he provisions
<br />of paragraph 17. Borrower's covenants and agreements shall be joint and se%erai. Any Borrower who co -signs th:s Security
<br />Instrument but does not execute the Note: (a) is co- signing this Security instrument only to mortgage, grant and coney
<br />that &1rr0wrr's interest in the Property under the terms of this Security Instrument. Ili, is not personally obligated to pay
<br />the sums secured by this Security htstrumeni' and to agrees that Lender and any other BoriolAcr Ina% agree to extend,
<br />modify, forbear or make arty accommodations with regard to the terms of this Securm instrument c,r the Note without
<br />that Borrower'sconsent.
<br />12. Lass C u rges. if the );wait secured by this Secant-, Instrument a subject a law winch sets maximum loan
<br />charges, and that law is finally interpreted sea that the interest or ether loan charges collected nr to he ccdlecicd in
<br />connection with the loan exceed the permitted limits, then: tai any such Inan ,hargc shall he tedu;:ed h% Iher amount
<br />nccessan to reduce the charge u, the permitted limit: and the any Bunts alread% co l;c.•Ird tit nt Borrower which exceeded
<br />Permitted limnts hell be refunded to Borroiwer. lxnder may :hoosr to make this refund h% reducing the principal owed
<br />under the Note our by making a direct payment to Borrower. If a refund reduce, p rincwpal, the tedl.cnon will he treated as a
<br />partial prepayment without any prei•,ayment c harge under the Note.
<br />13. Legislation Affecting Lender's Rights. If enactment Air Vr ptrat:nn .,f apiflKahlc laws hen the effect of
<br />rendering any pnnisuan of the %oir,'ir this Secunt% Instrument unenforceahic a,Colduig to its tcrInN. l.enoier. at its 'pit' in.
<br />may require tmmediate payment tta full of all Burns secured h% thus Secunry instrument and may if oke any remedies
<br />permitted by paragraph to+ if [.ender exorcises thus option. 1unorr shall take the steps spec ;fieei of the secmiii paragraph of
<br />paragraph 17
<br />14. bilges. Any ratice to Borrower prodded fitr ni this SCCnnty Instrument shall h;• gnc❑ by dehsenng it nr by
<br />mailing it by first class mail unless applicable Saw requires use of another method 'I he notice shall Ile directed *.n the
<br />Property Address or any other address Baarrowcr designates by nonce to Lender Any nC,ticv I(, l,endcr shall be given by
<br />first class marl to Lenders Address stated hcretn Of :env other address Lender dcstgriatcs by house to Borrower Any notice
<br />prmidedfot in ihi%Security Instrument shall bedeemed fn hair been given to Ilirrrowcr or lender when givcn as pr(nided
<br />in this paragraph.
<br />15. Gowning Law; Several►ility. ] -his Security Instrument shall he goserned by federal law and the law of the
<br />lunsdwti<m in which the Property is located. In the event that any primsion or clause if this Sccunty Instrument or the
<br />:riots conflicts with applicable law. such conflict shall not affect other provisions it this Sccurny Iiisirumcni +r the Not,-
<br />whr h can he given effect without the conflicting provision. To this end the pn,i voons of this Security liv numem and the
<br />Note arc declared Io be severable.
<br />16. Borrower's Clapy. Borrower shall he green one corifOrme•d copy r,f Ihr Notc and rif this Sec to its In,ir resent
<br />17. Trawuder of the Property or a Beneficial Interest in Borrower. 11 all or any part .,f sire la•opviip ,,I any
<br />interest in it as sold or transferred (or If a benrlic iii interest in Borrower is sold or transterred ;nerd Boriouc•r is not a natural
<br />pct+cut) without Lender's prior written conscnt, Lender may, at its opuc,n. te•qune unrncdiatc payment m fis:l ..f :ail sum,
<br />stxufcd by this Sec:urig lrrstrurnenl. llowevcr.. this ophiat shall not fn: cxeiciscd by Lerldci if exercise In priduhited by
<br />federal law as of the date of this Sccurity Instrument.
<br />If Lender exercises this option. I..ender shall give iiotm%cr notice of accclerarton. The notice shall ptowe .a prrunl
<br />of curt less than 30days frown thedatc the notice v delivered or mailed within whwh fi,itrowcr must pay all sung, secured by
<br />this Sscutlly Instrument, if Borrower fails to pay these sums prior to the rxpiralton "Ohl, pertl,d. Lender may inc.ike tiny
<br />remedir+perinftted by this Secunfy Instrument without funkier notice of denland .na B.,rtower
<br />Iii. Aurmwer's Right to Reinstate. If Botfower elects certain :ondllwns. Bs rt..wei shall hacr the f fNht t., hair
<br />cnforccxrieni osf this SecurMy lnstrun'ie-nt dIWOMinued at any rune prior I.• lit" .ewboo "I la) s loos t,q ,ugh „slier tx•n.uf is
<br />at:,alrt -.at* ".aw may spmffy for remstatenrcnu l+ Corr sale of the Prouty pursuant io ans 1 o -Ao •sf sit .,-,,lamsj m thw,.
<br />Secut'wte 1nsUUment. Of (h) retry �If aiudxtrrnt t-ni' r..Mit this Security lrninnncrnt I'1<.0 ..r +udui. +i ,r: ! %tat Jinn. wet
<br />4a) pays l.rtIdcr all sums which then would N due ,;niter this SV,Urw, in,ttm on; and fit,- %.,t, I.at1 ray . «rleiali.,n
<br />,. ;tar^sl ;h! •.ulcs any acfault (If any =thee '.nrnarb or agiecmcnt•,, :t, pa ;, all , nsr, nx;orvd if! cl ;,,w• Ing th„
<br />'+ errlly Inatrumeni. m,iticimitt, Iris not ?mitred 7". rt•attxnahla• .at u.�inrya ter,. dud id. Irk II, I I,tl,m ,.s 1 iI:.I ,I;al
<br />i toners xonff }ti erqu.ar te. a,suiv !tint the iarn ..f stns Veeun!k Instninirnt. i. :Ot,f ;n ;h. )',,.t,,. I.i ;:ni Ii.�In
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