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<br />84- 006492
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<br />If Lender requIred mortgage Insurance as a condition of making the loan secured by this Security lnstrmnent,
<br />Borrower shall pay Ihe premiums required to maintain Ihe insurance in eirect UIltil such time liS the ~iremeJJt f<< the
<br />insurance terminates in accordance with Borrower's and Lender's written agreement OJ' appjicablelaw.
<br />8. 1llSpl.lCtioll, Lender or ils agenl ma\' make l'ealiOllllb1e entries upon and i~,oflhel'1'~'.~
<br />shall jive Borrower JItltice aHBe time of OJ'priOTi0111l'iIlSPOOtitm~_i 1Hitik~..._ tl If .','.U,)"l;tj"
<br />9. CoIMIemuatioll. The proceeds of any aWII\ d or claim for damages. diTllClor.COIIlIClqlilllmiai.m ~~
<br />any condemnation or ather taking of any part of the Property, or for conveyancejn lieu of~,_,~
<br />a.'lSiBDed and shall be paid 10 Lender. .. .
<br />In the e\'ent of a IOlal taking of the Property. the proceeds shall be IIpplied to the sums ~I!y "'ms~
<br />Instrument. whether or nor then due. with IIny excess paid to Borrower. In the event of IlpartillI.takil;@:ofthe~,
<br />unless Borrower and Lender otherwise agree in writing. the sums secured by this Security Imtrument sftallbe~"
<br />the amount of the proceeds multiplied by the following fraction: (a) the total amollllt of the sums secured .imft~
<br />before the takmg. dl\'lded h\ I b) the fair market value of the Property immediately before the taking.AflY balimcesftall 'be
<br />paid to Borrower
<br />If rhe Propeny IS abandoned by Borrower, or if, after nOlice by Lender to Borrower tftattBe 00IIdemn0r oI'ers to
<br />make an award or senle a claim fnr damages. Borrower fails 10 resJX'nd to l.emier within 30 days after the4ate themltice is
<br />gIven. Lender is authonzed 10 wllecl and apply the proceeds. at its option, either to restoration OJ'replliTofthePmperty<<
<br />to the sums secured by this Secunty Instrument, whether or not then due,
<br />unless Lender and Borrower otherwi.se agree in writing,lIDY application of pmceeds 10 principal skal'Inot ~<<
<br />postpone the duc date of the mcmthly payments referred to in paragraphs I and 2 or cha. theamountof!illCih JIlIYmeats.
<br />10. Borrower 'lit ReleMed; FortJeanmce By Lender Not a Waiver. ExtCDliion of the lime fOJ'.~ <<
<br />modification of amorttzatlon of the sums secured by' Ihls Security lnstrumenr granted hy Lender to any .SlICCeSIIliII'm
<br />Interesl of Borrower shall nor operale to release the Iiahiilly oflhe original Borrower or Borrower's sucCei!lOl'S,m~
<br />Lender shall not he required W commence proceedings against any successor in interest or refuse to eltteJJd lime fur
<br />payment or olhen...", modify amortizatIOn of Ihe sums secured by 1 his Security Instrument by reason of anyclemand made
<br />by the onginal 8orrower or Borrower's successors in interest. Any forbearance by Lender in el\erci5ing any right 'OJ'TemCliily
<br />'.-hnll h... ~" u.:~iv"T" of nr nN"c'lulI.;p rhe f'xt"rri\fl nf afl\'-ril!hl Of remed\'
<br />11. ~ IIIICI AlISigu Beuml: Joint IIIICI Several Liability; Co-sipen. The covenants and ~~of
<br />thIS SecUrtly lnstrument shall hind and benefit the successors and llJiSlgns of Lender and Borrower, subject to the provisions
<br />of paragraph I;. Borrowers covenlints and agreements shall be Joint and several. Any Borrower who co--sigIIs this SeclIrity
<br />Instrumelll hut does nOl execute the Note, (a) is co-signing this Security Instrument only to mortgage. Vant and ccmvey
<br />thaI Borrowers mten"'l In the Propeny under the terms of thIS Security Instrument: (b) is not pen;onally~topay'
<br />the sums secured by Ihis Secumy InSlrumelll: and lc) agrees that Lender llnd any other Borrower may agree toexteJJd,
<br />modify. forbear or make any accommodations With regard !O the terms of this Security' Instrument or the Note without
<br />that Uurmwer's consent.
<br />12. ~ C!Jaraa;. If the loan'-CCured by this SecUl'lly Instrument is subject to a law' which sets mJllUm.um 101m
<br />charges, and thaI law h finally Interpreted so that the interest or other loan charges collected or to be collectOO in
<br />conneClIon Ilmh Ihe loan exceed the permilted hmits. then: (a) any' sllch hllln charge shall be reduced by the amount
<br />necc:ssary to reduce the char~e to the pemllltL-d !lmit: and (h) any' sums already collected from 8orrower which elWCedcd
<br />permrned iimns will be refunded ro Borrower Lender may choose to make this refund hy reducmg the I'nllCipal owed
<br />under the Note Of hy makllll! a dlrecl pay'ment to Borrower If a refund reduces prinCIpal. the reduction ....'iH be tt'W'tellllS{I.
<br />paTllal prepayment "'~thout any prepayment charge under the Note.
<br />13, l~ AfI'ectiBll l.eader's RiPts. If enactment or eXpiration of apl'hcahle laW's has the elfi!ct of
<br />rendenn!! any I'ro\'ISIOn of the NOle or Ihls SeCUl'll; Instrument unenforceable according tn Its terms. Lender. lit its option.
<br />may requIre Immedlak ravmelll In lull of all sums secured 'W thiS Secunty Instrumenl and may invoke an)! romedia;
<br />permmed b; paragraph I q If Lender excrcIS<:'S thIS optIOn. Lender shall take the slep" spectfled in the second paragmph of
<br />pllrlljZmph I'
<br />14. Noticet;, Any nol!Cl' 10 Burrower pnl\'lded for In rh" Secumy Inslrument shall be given hy de!ivenng it or hy
<br />malilOjI. 11 by IirSI dbs mail lInk'Ss apphcable law r"'lulrL", uS<: of anmher method. The I!(>tice shall be direct<<llo the
<br />Propeny Addre~' or am or her address Borrower deSIgnates hy nOllcc to Lender. Any notICe to Lender slulll tie givcn b}'
<br />tirM cia" nUll: ll. Lenders llddreiS ,rated hercm or anv ,)ther addr"" Lender deslglllltL'S by nntice to Dormwer. AllY notice
<br />proVIded for mlhlS Set'unty lnstrumenl shall be deemed 10 have beL'll given to Borrower or Lend.:r ....hen given liS proVided
<br />111 thIS p;orallraph.
<br />15, (~}.erniB!t Law; St!-,erability, This Seeunty Instrlllllcnl ,hall ht. governed.by federal law and !hc law oillle
<br />IUrlsdlctllll1l1l which Ihe Pmpert:. IS ht.:.:ated. In thc event 1 hat any provISIOn or dause of tillS Securl1~ Instrt:mc:nt or the
<br />"'Ole e,mllli.,ts wlln appilcahlc law. such conflict shail not affect other pr<WISlOIlS "I' this Seeurl1~ Instrument or the "'Olt'
<br />whIch ell.!> he !lIven elf eel w'nhout lhe "onfiiclIng proVISion To tlm end the proVlSlO1lS of thts SceurllY Irzslrllmentand lhe
<br />"',,!t. arc declared to be sevel'lIhle.
<br />1... Borrower'~ Co"y. Borrower ,hall he given onl" c'''n!c1fmed COP\ "flhc No,,' alld "I tlm Sei.'urllllll,rnm1\'n1
<br />Ii. TrlllJ8fer of tile Pmperty IIr II Bc:aeficiaJ Interrrot in Borruwer. If ail o! ,un pan "f the l'r<lpeny (J! al'.l
<br />Illter~! III II IS ",ld or transfe1T~d (or Ii' a hendklll] Interest lT1 Borrowe! IS sold or tran,fi:rcl'd "nd !inrn'w", IS no! ilnalur,,1
<br />pefSO'f)) \\'UhOUI Lem:,icr'~ pnor \~'n1tcn .....ot1'-l.cnt, Lt~t1dcr ma:~, at Ii\ optIon. require.: lnHTlt~(hall' p.l1.\'mer!1 111 fuB of all "'Ufll~
<br />'-Lx:ured ~y thl:-. Se('urny In"-trumcfll. Howf:\,'cr. thJ!'o opnorJ ...Jwll nnt he t"xelns/,x:J h\ 1.t.'J},h"r It {'.I.erCht.. I' pr,_~hihllCd h~
<br />federal j"... '" of the d<lte "I' IhlS SCCUTI! \. Imlrumen!
<br />If Lender t:XC:TI!-tC~ ttWl \lpIHHl, Lc.'ndc.r ~hall gt\C Borrower 11'_ )llre of ;'\lTt'k'nttl(HI. Till' noflct' l,haiJ pnn H.k ;1 pcn(ld
<br />ofnnt le~~ 1hittl ,10dar.. from lh-t' d~~te lhc nollce 1~ dch\'t:red (IT maIled wnhm which BOi1'n\\l'r trnl....' PM.~. iJ!!..,um\ 'tl.:uled h.\
<br />nu~ Set:'urny InMrUrrl{~HI if Borrower h&iJ~ to pal rht:<,f.' ...arrl', pnor {c, lllt: l':\r'ln-11Hln of ltll'" pcnnd, i ('fidel fTJi.I.\ n~\..~t' ;1!n
<br />rcm<:~te" fl(';rrfu!ted h~ ttll~ Secunt\ InMrurnenl without funht'f' H!)II~T qr demand on Bnrn~\\l'r
<br />ll. ~tw~' iiliPt 10 R~inRat~. if U{H'T(I\\t'! !1Wt'!~> ..:enam ~:(jHdltln!l'.., TtJ!'ri~\H'r ...h..11! ha\t' dH' lll'f:l to! ha\T
<br />t'nfl11'i..:eftlf:'ot of 'It!!", St>cunll, J U~tl titHeD! dl...t'\ltHmw..'.d at all\ 1 ~Hlt' pnOj l{) t fit' Co.Hllt'f ; -,j 1;1' ~ J.a.v" I Pi ',u~h .:11 ltt',; prnlld a...
<br />hl't\ nH~:. "pel,.!t~ fPl rl::Hll"tiAlt'HH:nt I :--dnn:- ~ak (If the PrnptTf.\ pur"wHlf T,! ao~ pl 1\\ l'f l If \:dc lI1Tl!<1l1lcd !11 \ Iii"
<br />~n%"TrUrHt~nt. ("f nil t'illr1, of iJ ,wj~lllent ~~nL.n:lnL~ ~:11" ~(XUfl!\ 11I;.,lrUftH'r';1 TtH'\I.' ,-(llld:!liln\ H-r~ !h,ll J\!\tf<'\\t'1
<br />(~1 p.tii~;., ~_endcr rod! ',unh V.hll.'tl rhCll \l!.llUid he due UIH..tcf thl'. "'-l":U;lI\ Jll'-I1"lHiH'PI ,llId :hv ......:l!t' h;h! Iii' :k~ 1'1;:1;-111;111
<br />(K~:urref!' (b, ,:un:",. .Jf~\ ..idlAu!! ilf dill, i\lh~:r ()\('1I.1tH... ':It ,if~rn'mellh (\! p~11,''''' ,dlV\jlt'll"'l.'" ilh:UrTt'd iTI Cl\f\);,-'lll~; (hI"
<br />Sei:unt~ in"tHtHw:'Ol. Hh.jl1.d111~:. hill rl\lt brtlllt'd IiI !'.',u....\nwhk ~!if.\nH.''\'~. t._,?:, ,I:ld idl :,~~,t"- >'lh!' ;h'~:'li; :1" l ~'ndl'l l1~;l\
<br />,;ei!'iiijnill~l\ n:'{<iU11 d"'.U1\ ~h(1p !h(' iu..'" ;11 1hh "1~-i.Urll' Inl.,II'UnWr11. 1 :'ndc:-'- 'rhi', ~it i'~ ':-'I! \ ,1111: H,r:I"\\C'.'
<br />'~h~i-J1.\(H r";;;i'. .,Hin '~\-'uJn:d f.-, (hl~' ~{'\:Ul'!ll, IUl~;!;ml_t'n: ;,hd~j ,i'n'Hi,/( 'd!kl "".~;H~_llW':! 1-.\
<br />T~Olri')>I.e' 'f;!>, ....t', ,:r,l!H~'~,l ,g';! t!W "hfq,)).t1jo:1!l'-, ',('( i.j'C liCrd"l> ',I;: b.lll
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