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<br />04 _006561
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<br />If Lender required mortgage insurance lIS a condition of making the loan secured by this Security IDsttumcRt.
<br />Borrower sbaIt pay the premiums required to maintain the insurance in effect 1U1til such time as the ~ for ..
<br />insurance terminates in accordance -.ith Borrower's And Lender's written agreement or appIil:ahIc law,
<br />I. IIIIIIII~ Lender or its agent may make reasonable entries upon aDd ~ of_ Property.l.cmIcr
<br />shall give Borrower notice at the time of or prior to an inspection specifyin& reasoaabIe cause for the mspectioB.
<br />9, ClIlldr ",atioIL Tlle proceeds of any award or claim for damaJes. dim:t or ~. in COlllllo.:lioalridl
<br />any condemlllltion or other taking of any pan of the Property. or for conveyance in lieu of ~............ _~
<br />assigned and shall be paid to Lendt""_
<br />In the event of a total taking of the Property. the proceeds shall be applied to the _ ~ IPJ dRi ~....." "
<br />Instrument. whether or not then due. with any excess paid to Borrower. In the evemt of a partial tlIkiua of_ ~.
<br />unless Borrower and Lender otherwise agree in ..'riling, the sums secured by this Security Il15tnmulm ..lie RIltuclIdb)'
<br />the amount of the proceeds multiplied by the following fraction: (a) the total amOlIRt of the _ -.d' fi tl1y
<br />before the taking. di\ided by (b) the fair market value of the Property immediately before the ~ AAy baIaace sMIllie
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower. or if. after notice by Lender to Borrower that the co..dll"llRor olIi:n to
<br />make an award or settle 11 claun for damages. Borrower fails to respond to Lender within 30dayufter the date theDOCiceis
<br />~ven. Lender is authonzed to collect and apply the proceed..... at its option. either to rcstoratioo or n:pair of the PropatyOl'
<br />to the sums secured bv this Securit\' Instrument. whether or not then due.
<br />Unless l.c:n<Id and Borrow~r o~ise agree in ..'riring, any application of proceeds to priIIcipaI sIIaI Rat......
<br />~ the due date of the monthly' payments referred to in paragraphs I aDd 2 or c:h.anie the amOlIRt of S1IdI ~ 'II
<br />10. Bermwer Sot Releued; ForiIearuee By Lender Net a WIIi_. Extension of the time for paymaat or
<br />modification of amonization of the sums secured by this Security Instn1ment granted by Lender to lID)' "UBI._
<br />interest of Borrower shall nOl operate to release the liability oi the original Borrower or BorTower's ~ _ .......
<br />Lender shall not be required to commence proceedings against any successor in in~ or refuse to cDCIId lime for
<br />payment or otherwise modify amonization of the sums secured by this Security IlIStt'UmeRt by r=soa ofllD)' demlmd-*
<br />by' the original Borrower or BorrOwer's SllCCeSSorS in interest. Any' forbearance by Lender in ~ &1IY ript 01''''''''''
<br />." .__~ll_nnt.!>e" waiver of or nreclude the exercise of any riRbt or remedy.
<br />ll, S.uusm lIIICI A~ BnDd; Joiat UdSe"eraJ I..iaIititiiY; Co flillnrs.. Theoo;.enamsllDlil .il- n" of
<br />this Secunty Instrument shall bind and benefit the SllCCeSSorS and assigns of Lender and Borrower, subject to dte pnmsiaaI
<br />ofparagraph l7. Borrower's covena.nts and agreements shall bcjoint and several. AAy Borrowerwtloco-sipstms5a::uritJ
<br />Instrument but does not execute the Note: (a) is co-signing this Security Instrument only to mortpSe. p1IRt aDd COPCf
<br />lhat Borrower's mterestllJ the Propeny under the terms of this Securit:y Instrument; (b) is nOl pcnooaIJy oWipachopay
<br />the sums secured b)' this Security Instrument; and (c) agrees thaI Lender and any other Borrower may apee to exteIId,
<br />modify, forbear or make any accommodations ...,th regard 10 tlte terms of this Security Instrument or the Note widIout
<br />lhat Borrower's consent.
<br />12. ..... Quqes. If the JOllll secLll'ed by this Security Instrummt is subject to a law wRiell sets .....-'- loa
<br />charges. and that law is finally interpreted so that the m~ or other loan cbaraes co&cted or to be ooIccIed in
<br />connection ...ith the loan exceed the permitted limits. then: (a) any such 10llll charae sbaII be reduced by the amOlIRt
<br />necessary to reduce the charge to the permmed limit; and (h) any sums already collected from Borrower wmclt ~
<br />permitted limIts ...111 be refunded to Borrower Lender may' choose to make this refund by reducing the priIIcipaI owed
<br />under the Note or b)' makll1g a dtrect payment to ~-er. If a refund reduces principal. the reduction wiD be tn:e&Cd as a
<br />partial prepayment without any prepayment charge under the Note.
<br />13. I~.~ Lmcler's RiIItts. If ClUICtment or exptration of applicable laws has the dI"eot of
<br />rendenng any prO\1.SIOTl oithe Note or tlllS Security' Instrument unenfofl:eable according to its Ierms. Lender. at its optioIl.
<br />may requlrc ImtnediAte r.ayment m full of all sums secured by this Security Instrument and may invoke lIDY !:'llIIIIlldies
<br />permttted by' ~ I q, If Lender cxefClse& this opllon. Lender shall take the steps specified in the second ~ of
<br />pllfII.Bpb 17
<br />1.. Sotices.. Any notICe to Borrower pro\ided for in this Security Instrumenl shall be given by IieliveriIlg it or 0)'
<br />mailing it by first class mail unielos applicable law requires use of another method. The notice shall be dinlcced to the
<br />Property Address or any other address Borro....er designates by nOlice to Lender. An}' notice to Lender sbaII be an- by
<br />fint class mail to Lender'\ address stated herein or any other address Lender designates by notice to Borrower. An)' oocicc
<br />pro~ided for in tbIS Secllnty Instrument shall be deemed to havc been givcn to Borrower or Lender wlien given H pnwided
<br />in this pafll.r;raph.
<br />J5. ~ Law; SeverllllWty. This Secumy Instrument shall be governed by federal law and the law of the
<br />Jurisdiction in which the Propeny is 10C4led. In the event that any provision or clause of this Security hl$tru.ment or the
<br />Sote conl'licts with applicable Ia..... such conflict shall not a.!fe::t Olber pro\'isions of this Security Instrument or the Note
<br />wbicb can be given dfect without the coofticting provision. To tbls end the provisions of this Security Instrument and lhe
<br />SOle are declared to be severable.
<br />16, Berrmrer's C.opy. Borrower shall be given one conformed copy of the Sote and of this Security Instrumenl,
<br />J7, TraMfer of tbe Prope:rt). or II 8eedidal Interest in Borrower. If all or any pan of!he Prapeny or any
<br />intercsl in 11 is wkl or transferred (or If a benefiCial mterest m Borrower is sold or transferred and Borrower IS not 11 natural
<br />pcI'~) WIthout Lender's pnor wrilleD consent. Lender ffilIY. at ItS optlon. require Immediate paymenl m full of all sums
<br />lioCCured by' Ihii Seellnty Instrument However. this option shall not be e~ercised by' lender If ellercise IS prohibiled by
<br />federal law liS of the date of thiS Seeumy Instrument
<br />If Lender CllefCI5>CS this opt.on, Lender shall gl\'e Borro\\'cr nutlet' of acceleration, The notice shall pro\1de a period
<br />o(not l6Ii titan 30 days from rhe dJlte the nOllce IS dehvered or milled \\,Ihin which Borrowcr musl pay' all sllms secured by
<br />lhls Secunty Instrument, If Borrm~n fails 10 pay rhnc sums pnor to lhe e~plfllllon of thiS period, Lender may invokc any
<br />r~_ permitted by 11m Seeunt" InstfUffi<'nl ""llhoUI fun her nOllee or demand on Borrower
<br />II. ~'. RJIiItt te R.~Mt*. If 841m',,"'e! meets ccrtaln Wlldlllons. BorH'''er shall ha\e Ihe ngtll to ha\e
<br />eTIforcemelll oflhis Secumy lns1f\,lmrnl dll,,:ontmuro al any !tnle pnor to the earhcr of (3' ~ day.. (or SUdl olher penoo Ia'>
<br />IIppltC4ble Ill" may ,pttlf; for remMlllemrnl) hef,}re ..ole of the Property pur,ulIlll to III1Y f'<'''CT of Silk ulflllllnro III lh"
<br />Socunl; In~lruffi<'m; or Hll enTry ,,{ ~ )udj!IDenl ellfnrctnlll!m SocUrH; In'lrumem Those ,'omhtil'llS ~re thaI Borrnwer
<br />IlIl l.~r all ,urn" whICh then "'outd he due under 1"" Secunt\ fn'>lrume111 and Ihe ...."Ie had no ac,'derall"n
<br />tn,' e\lle'; 1I11} default ..1'1111; <liner u"ell.lIr1ts Of '1~rC\.'111enl..,'!c"i pays "ll <"relhl''' lIKurrro m ('lIfm,ln.!! Ihl..
<br />.\.\111)' Ift\ITIlf1lm1. hut 1'01 1m'llled 10, reas<",~bk n!1omey" fee<>, ~nJ idt l"~e' 'u,h "d'"'' II' lenJer mll\
<br />f"~l)' requIre 1tl o1l\'''-lJf-C' lhe hen 1,,1 thr.. Sft"tJTlty In\tTufficrH. Lender'... rl~;JH'" 1t1 lhe Pl:)pn;\ J:fh.l H',~nl\"er'o;,
<br />rlbh~hn" !p pq,~ rh~ ;.n~"i;~'li w-~:utt'd M\ 1tU\ '(',:unf" )no;,~rurnent ..,hali L'(mtmuc un...:h;;!lnf~t"d 1 'r~'1l fr1Jl..ta1CnWnl h\
<br />Brlff'n~f"'f, rhl'<t ry,\~,;rn\ [f;'!,lfunH:'"1H ,'HH.llhe ,J'd)~..'!I11nr'p, '-.!'\,ured h~1eh\ ...hi111 ~f'rrUll; dl(\'!r\t' .;1\ tl .l,,'_Tk'n~ll\'f) h.i\l..J
<br />>( ,,,urr~d ii"-1'S1.f"j,~r !.\,-hr r,-, '{'HI~f4J~t' 1,~q ~:tppl" :"; ~~lt' '..a<"'~> ,! iJJ:,'-<-7'i('r:Hi,'~; :'.!:._'1J,:~;q',i,~ ~ ~ I r
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