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<br />~4 - 006424
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<br />If Lender required mortgage insurance as a condition of malting 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. InpectioR. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender
<br />shall give Borrower notice at I he time of or prior to an inspec-tion specifying reasonable cause for the inspection.
<br />9, Colldc_tioa. The proceeds of any award or claim for damages, direct or consequential. in connection with
<br />any condemnation or other l.Ilking of any part of the Property, or for conveyance in lieu of condemnation. are hereby
<br />llMigned and shall be paid to Lender,
<br />In the event of a total takinll of the Property, the proceeds shall be applied to tbe sums secured by this Security
<br />Inst\"UlDftlt, whether or not then due, ..ith any excess paid to Borrower. In the event of a partial taking of lhe Property,
<br />unless Borrower and Lender othel'\\'1!.e agree in writing, the sums secured by lhis Security Inst\"UlDftlt sbaII be reduced by
<br />the amount of the proceeds mulllphed by the following fraction: (a) the total amount of the sums.secured immediately
<br />before the laking. diVided o~' (0) the fair market vlllue of the Pm!'Crty immediately before the taking. Any balance shall be
<br />paid to Borrower
<br />If lhe Properly IS abandoned by Borrower. or if. after notice by Lender to Borrower that the condemnor oI'en to
<br />make an award or ~ttk a chum for damages, Borrower fails to respond to Lender within 30 days after the date the notice is
<br />given. Lender .~ authrnued to colle..', and apply lhe proceeds. lit its option, either to restoration or repair of the Property or
<br />!() lhe .urns secured by this SecUnly In.trumellt. whether or not then due.
<br />l! nless Lender and Borrower 01 herwise agree tn wnling, IUIY application of proceeds to principal shall not extend or
<br />pootpone the due date of lhe monthly pllyments referred to In paragraphs I and 2 or changetbeamouat ofllUCh pa~
<br />10. Borrower Sot R~ Forbearlmc:e 8y L.euder Sot I Wlliyer. Extension of the time for payment or
<br />modilicalion l.f aJ1l0ni7..D,"on of the sums secured by this Secunly Instrument granted by Lender to a.n)' s~ in
<br />mtf'1'e!o1 of Borrower shall not operate to rdelLlof' the liability of the onginai Borrower or Bormwcr's successors in ifttcnllt.
<br />U:nder .hall not 1,e requlred to cnmme-nce proceeding~ against :my suc;;essor in interest or refUlie 10 extend lime for
<br />payment or olhel'\O'ISC modIfy amonluhon of the sums secured by this Secunty Instrument by reason of any denumd made
<br />lw the onll:lnal Borrower or Borrower's SilCC'Cl>SOTS In inlerest. Any forbearance by Lender in exercising any richt or remedy
<br />shall not be a Wlll\'er of or preclude the exercise of any nght or remedy,
<br />11. s.ece-s lIIl4 A.... 8oumI: Joint lIIl4 Seyenll.ialtility; Co-sipen. The covenants and ~ of
<br />I hIS Sa:urit}' Instrument shllllbmd and bene/il the sUCCesMln; and assigns of Lender and Borrower. sllbject to the provisions
<br />of paragraph 17. Borrower's C{Wenllllts alld agreements .hall be ,joint and several. Any Borrower who co-signs this Security
<br />Instrument but does nol execule the NOle (a) IS c(Higning this Secunly Instrument only to mortpge, grant and cooYey
<br />thaI Borrower', mteresl In the Property under the tenns oflhis Securil~' Instrurnenl: IN IS not personally obtipted to pay
<br />the sums ..ecured by thi!; Securily Inslrumt:nl: and Ie) agrees Ihlll Lender and any other Borrower mllY aul:e to extend.
<br />modify. forbear lOr make :my accommooallons wllh regard lO the cerms nf this Secunt)' 1n."lrument or the Note ",;t!lOut
<br />lhal Borrower", consenl,
<br />12. I.~ (~. If tbe loan '-t'cllred 1>)' lhi.. Sct;urrry In.lrume"'I" 5ub.tt:CllO a IllW WhKh ~t" mallimum !oan
<br />dlarges. aoo lllat lllw l, finally' mlerpreted so thai Ihe inlerest or alher 10lln charges collected or to be coUected ill
<br />(''OflneclJ<m wilh the 10lID e~ceed lhe per milled irmic... Ihen: la) IIny such loan charge shall be reduced by the lllIIOllftt
<br />necc.'I>llI1' to reduce the charge to lhe f'C,rmllted limil: ..nd (b) !lny sums already collected from Borrower Which exceeded
<br />~-.:rmllled limlls WIll be rdr.mded :0 Burro\\'er Lender may choo>e In make Ihls refund by reducing the principal owed
<br />L:~~r tlie Note <>r by mllklll~ a dm~c! payment III Borrower. If a refund reduces prinelpal. Ihe reductlOll will be treated lllIll
<br />pat::,,! prepaymenl wllhout 0111\' prepaymem charf!:e under lhe Nelle,
<br />13. l~ ,\.ft'ectiDtt LeMer" Ri.hi. If enaclmenl or ellplraltOO of applK:abk laws h. lhe dfect of
<br />rendem.. any rrOVI~Otll)flhe NOle or IhlS Seeurny Instrument unenforceable :u:cording to ll"lerms, Lender. at its option,
<br />ma)' rllqUll ' .mmedlale p"ymer'l III full of all sums secured by IhlS Seeunl)' Inslrumenl and ma)' invoke any remedicli
<br />petm;Illed by pllfllgraph lq If Le.lder e~...rCI'lC1\ IhlS oplUJO. Lender ,haUtake che Sleps Specified m the >econd J1IUll8raph of
<br />paragraph 17
<br />14. ~ Any anUee tn Bmrnwer pnwlded for m tlm Seeunty Instrument shall be given by delivering il or by
<br />mauling II by first dHs mail unlClOs applicable Ill\\' require. UK of another method, The notice shall be directed 10 the
<br />Property Addro" (~r all)' other lIddre1is Borrower dfilgnlltn by notice to Lender Any notICe to Lender shall be given bll
<br />fiB! {;~ mal' 10 Lender's addras ~taled herem (>f lIny other addro~ Lender deilgnatQ by notice to Borrower. Any notice
<br />prOVided lor m tlln, Secunty IIlSl rumelll ,hllll be deemed In have been IlI\CnlO Borrower or Lender when given llli pnwided
<br />to thlS pllfllgfllph,
<br />IS. ~ Law: Seyerability. rhr.; Secumy IIll>lrUmenl ~:rall be gOH~med by fcderllllll\i\' llnd the hlW orllle
<br />JllflMtlCtlOO III ....hlCh the Propel1y " kX;JIted, In rhe e\en! lh"l lIny pHw.",,,n or c1lluM: "flh.. Se1;urity Instrument or the
<br />Note CtlllftlClS ....&In applicable lllw. \U<,;!J .ontll<:t ,hall not ..5ccl other pmv,,,on. of lhlS Se..,unly In>lrumenl or the Note
<br />whICh CMI be g,\en dl'ecl wllhoullhe cllnl'lICtlll!l PW\I!>M3II, ro tillS end the prml'>l{'US of Ihl' Sen.iT!ty Im>trullic11111nd the
<br />Note lIfC declared 10 be !.('vcfltoblc
<br />1IIi. hrn1f.'s f'lIIJ)'. R"H""'~( ,hail be IW.cn ont: ,,'nfl1rmed ':PI" "f Ihe ...."te llnd oflhl' SenH'IlY In,lrumelll
<br />17. T~ ctf 1M PrftllGl1y I!II' a ~ I~ ill hITu_. if..jI or lIny I"'" of the Properly ,)r !lilY
<br />IIltCfe:&tlflIt I' ;,old ll1' altn"fcrred 1m .f 1I benefiCIl1lmlcrel m nOff"..."r ",old or a,,",ferred and Burrn....er I' nutl! natural
<br />per~""i ","h"ul Lender's prior \\;flllen ,om,eul. Ltc"<.Ie, mii), "I ,ts "pIll>!!. ''''lutrc ImmedUHc i',,}ment m full of all sums
<br />'I!lI:L1r'Wd by ttll~ Se1;unty Ill~1I'Ume:nt. However, Illl' ''f''Ilon \tulH "", he nt. u"...<.l hy Lemler l! n,'r,'IS<' " pmlubllt'tl hy
<br />fll<kfai l.llw;ils of the dlltet~f!hl~ S<<unt~ 11I'\trumen!
<br />If Lend;:r eM~rci~ I!H~ C.pll(>l'l. !..4:nJr:r ~Ill\lllll\<' B<,'rr'''''ier 'h'IKe "f ..,~der"lIHll 1'1;<' "pIKe \hllll rro"de ~ f'l'no,j
<br />of flt)l ~ thl\ll'l 30 .ny, flom tlw: dial.; tne nOhn:" ,khvcred '" mlui<<l "Ilim'. .. hllh 1:lnrrn..cr mu\t r""v ~ll 'UIIl' ,,-cured by
<br />1l:t.'I. ~uf!ly In!>lf\ifUt:nl If (k,HO..<< fulls ", l>lil~ lbe".- 'um' pllHf ,n Iht np..."Il<'" ,,11h... period. 1,{'Il<kt m~\ Hl\O~C an)'
<br />f~_ i'<'rmlll<id by Ilu~ Se..,IJnl) Im.,j\Jlnenl "'ftk'''' furtbclli,jll<:<' '" ,km..nJ IInl:k':r"..n
<br />Ii. ~1lI"" ~ m ~$1. !f BWW"Cl tn<<h ,,<:rlMm ,,,,,dll"'HV, Ik'"""<,, ,tll.11 hav" ,he 'Hi:hl I" tunc
<br />~AfOftefflCnl of IIM~ ~'"my 111~lrumcnl dl....(lTIIIl1Y<t'd at flme pw.\r li\ll1e e~rl'N "I ;;11' dil" I(\f ~Udl ,,'h;r !"t'1'tod ,I>
<br />lil\~ m,~~ ,pt:>\:II~ i\lr rem%llll'~mef!t) tw;lore '>l!k the "wpen, I'lJf,u..nl fn am 1'''''''''' "I ,~lc ,'(Il\lamed III thl'
<br />In1\fftJfftt'1'lt; (~f f~.. !t{' Jl ;U:d@tfTt<t"Ol entorcmg [hi, Se''.:l..lflty IrI',Hurnr:'tlt IhD'M' \.'l1nJUlowlo ~H{' lhal H()ff'lIwn
<br />It'ndcf' iiU \y,.nl",- rh-en ",'oi.lk111>( due under lhl\ St"C\lnn In...trunlt':~~ Mhi lhc ~\ll(' find liP ;tu:\:'It:'~lll~n
<br />fbt \.-:urn i.%f1~ (J~f3uH p,f iit.n)i other (ll\.(~U.eU-lh or ! I pl'$~ '" All e'lw:,n"'l''' mUHrnJ :11 enfort"lfljit Ihl'
<br />~;-'!.i€i4) itl*,nWf~nc h'Ut tHl1 !mnfed to, &Hurne\-\' '\~e'1 ,':{Iud itH 1ab.c... '.ut-'J-! ,Adlllt! .~... IC'h,kr ma..
<br />ftfJiJ'd>fU.b~)' r<<tWftr $.lll,\iHt: the hi:1'\ ('If th~~ s.t(,'u"~';.- fn'it~rUfntnf'. LCIHh"'" n1i:hh :n lil( Pr\'lwl!"~~nd Bpffl'!;\('"r:',
<br />,~t~H(lfi ~(~ piJlt ~h~1'j~.UH>J b~ rha'rj, ~t.tJnh In'lltnntll:nt ',hollH (l\-f'!IfHH" \ln~ h'~"I~nl t'l:hlll 1"\\!"Lllt"itwnt h\
<br />h&JH','F'I~n~f It~',~funwtH MuJI the oh!~~iltlHOW!' ~x'urcd htfot'h't ,hi'S1! ~nni!llIIHih ,HC1::\11:"' a~ Iln!l ''';''l,1IHH) hJd
<br />~J$ f ~!">IS l ~n"4%{'''''!:'f ~ hl-'\ r f1iht ~" reHHl~!.t' ""hJ:tU 01).1 ,i31'piy In ~ hE' I, i1i\~' at t (~lt' ~1! l' "fl IJ'hk 1 r'A f ~~~1 ~lph.., I I ,':
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