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<br />84~
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<br />00656,1
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<br />If Lender required mortgage insurance as a condition of making Ihe loan secured by Ihis Security Instrument.
<br />Borrower shall pay the premiums required 10 maintain Ihe insurance in effect until such time as the requirement fonlle
<br />insurance lerminates in accordance with Borrower's and Lender's wriuen agreement or applicable law,
<br />8. Inspection. Lender or its agent may make reasonable entries upon and inspe;til:ms~~he
<br />shall give Borrower notice at the time of or prior to an inspection specifyini ~,~.t....,'. '" ......
<br />9. CORdemnation. The proceeds of any award or claim for damages. direct or consequentiakin . .... . . ..'
<br />any condemnation or olher laking of any part of the Property, or for conveyance in lieu of condem~~~..~Y
<br />assigned and shall be paid to Lender. ./ <i ........';,
<br />In Ihe e\enl of a tOlallakinl; of the Property, Ihe proceeds shaJI be applied to the sums secured by this.$ecuriti
<br />Inslrumelll, wherher or nOI Ihen due. with any excess paid to Borrower. In the cvenl of a partialtakins of thePropl!l:ty.
<br />unless Borrower and Lender otherwise agree in writing. the sums secured by this Security Instrument shall bered~'bY
<br />Ihe amount of the proceeds muhiplied by' the following fraction: (a) the loud amount of the sums securedimlllediatcly
<br />before the takmg. diVided h~ (h) the fair market value of the Property immediately before the taking. Any balanceshau be
<br />paid to Borrower.
<br />If the Properly IS abandoned by Borrower. or if. after notice by Lender to Borrower that the condemnor oft'ers to
<br />make an award or sell Ie a claim for damages, Borrower fails 10 respond to Lender within 30 days after the date the notice .~.
<br />gl\en, Lender is authorized 10 collect and apply the pr<l\;eeds, al irs option, either to restoration or repair of the Property or
<br />to lhe sums S<.'Cured by this Security Instrument. whether or nOlthen duc.
<br />V n les" Lender and Borrower ot herwi!;C agree in writing, any application of proceeds to principal shall not extcnd01"
<br />postpone Ihe due date of rhe momhly payments referred 10 in paragraphs I and 2 or change the amount ofsuch payments.
<br />10, Borrower :'\Iiot Released; Forbearance B)' Lender Not a Waiver, Extension of the lime (01" payment 01"
<br />modification of amortization of the sums secured by Ihis Security Instrument granted by Lender to any successor !a
<br />mter~~1 of Borrower shall not operale to release the Iiabilit~ of Ihe original Borrower or Borrower's successors in illterl:iSt.
<br />Lender shall not be required to commence proceedings agalllst any successor in interest or refuse to extend time for
<br />paymenl or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made
<br />by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy
<br />- ~~h~_~~~....2....1\!..~,v,.r "f f'r .~rp("llllip thp e~r{"j~ nfal1\.' rioht ('Ir remedv__.___. .___ _______
<br />II. Successors Il~ Assigns Bound; Joint Ilftd Several Liability; Co-signers, The covenants and agreements of
<br />thIS Security Instrument shall bind and benefil the successors and assigns of Lender and Borrower, subject to the provisions
<br />of paragraph 17 Borrower\ covenants and agreemenrs shall be joint and several. Any Borrower who co-signs this Security
<br />Instrument but does nOI execute Ihe NOle: (a) is co-signing this Security Instrument only 10 mortgage, grant and convey
<br />Ih'll Borrower's inteR'S1 in the Property under Ihe lerms of this Security Instrument: (b) is not personally obligated to pay
<br />the sums secured by this Security Instrument: and (c) agrees that Lender and any other Borrower may agree to extend.
<br />modify, forbear or make any accommodalions with regard to the terms of this Security Instrument or the Note without
<br />that Borrower's consent.
<br />12. LOIIn Charges. If the loan secured by this Security Instrument is subject 10 a law which sets maximum loan
<br />charg~, and th:,! law is finally interpreted so that the inrerest or other loan ch'lrges collected or to be collected in
<br />connectIon with Ihe loan eXL'ccd the permilled limits, then: (a) any sULoh loan charge shall be reduced by the amount
<br />necessary to reduce the charge to the permitted limn: and (b) any sums already collected from Borrower which exceeded
<br />permllted limns WIll be refunded to Borrower, Lender may choose 10 make rhis refund by rL-ducing the principal owed
<br />under the Note or hy makmg a dlTccI paymenltn Borr,lwer If a refund reduces principal, Ihe reduclion will he treated as a
<br />partial prepayment wnhout any prepayment L'harge under the Note.
<br />13. l.efdslatioll Affet'tinl! I.ender's RiRhts, If enaclment or expiration of applicable laws ha~ rhe etrect of
<br />rendenng any prO\I'lon of the NOle or I hIS Security I nSlrument unenforceahle aCL:ording In lIS lerms. Lender. at its option.
<br />may rL'qUlre Immediate p'Lymenl III full of all sums secured by thIS Secunty [n"rument and may in\'oke any remedies
<br />permlllL-d hy paragraph 19 If Lender exercls~", thIS opllOn, Lender shall lake the steps specIfied IIllhe second parasrapb of
<br />paragraph 17,
<br />14. 'otkrs, An~ notice 10 Borrower proVIded for In thIS St.'Curlly Instrumenr shall he gl\en hy deli.'ering it or by
<br />mailing 11 hy fUsI class Illall unless applicable law requlT~~ use of another method. The notice shall be directed III the
<br />Property Addr..."s or any olher addrL'Ss Borrower designates hy nOllcc to tender, Any nollce to Lender shall be given by
<br />firsl dass mail to Lender's address slated herem or any other address Lender d~~lgnales hy notice 10 Borrower. Any notice
<br />pnmded for l\l thIS Secunty Instrument shall be deemed to haw been given to Borrower or Lender when gl\'en as pnwid~-d
<br />IlIlt"s paragraph.
<br />IS, (iolt'rning Law; Severability'. This Secunty Inslrument shall h., gOH'rned h~ federal law and Ihe law of Ihe
<br />JunsdlL'ilUlIlII wludl Ihe Property is locak-d. In Ihe cvcnt Ihat any pn'\I"on or dause of I Ills Se,,'urllY Instrument or the
<br />:o-.;,)te cOllfl1<"ts wllh applicahle IllW. such conlllct ,hall 110: dtfecl other pm'ISlOns of thIS Security Instrument or Ih., :o-.;OIC
<br />whIch (an be gIven effect without the confliCllIIg prmlslllll fo thIS end Ihe pro\lslons of this Security InslrlJmenl and lhe
<br />:o-.;"Ie are dedared to be severable
<br />16. IJnrro..er', Copy, Borl'llw<:r shall he gi'<:1l or'" c'ont<lrnwLl copy "f Ihe N"le and of IhlS SeCUll1\ 'B\trtlt1l<'1l1
<br />17. Transfer II! the "roperty IIr II "enelicial Inlerest in Ilnrrower, If all "r any part of thL' I'roperty or :tll)
<br />mlere't !flit" sold or transferred (or if a heneficmllntereslln Bormwn" ",id or Iran,kneLl and Borrower " not allatural
<br />person' wllhoul Lender', pnor \Hltren "onsent, Lender rna~, at ," "pIlon, reqlltrl' 1I11n1eLl,alc paYlIlenl III filII of all "lIll'
<br />..cL:ured hy Ih" Se(lInt~ Instrulllent ""wever, lhls "pilon ,hall ",,' he <,,,,,,.,,,,,1 h\ Lender If t.''''rL"!st' IS rll'!lIblll'd III
<br />kdelall.l" ",,,1' the dale ofttlls SenHlly InstrUl11ellt.
<br />If Lender l.'.\crl'l,,"c,rht, llpl1oll. Lender ,hall gl\l" BOrrO\H'r J11'11t.:c of :h.'I.'(.'!t'ralloll Tilt 11011':<.' ...hall pfin Kk ,I penod
<br />of no' rt..~"'i" than .tl) (Ja~... frpll1 I he dah' Ihe r1(l"~C j, deli\ C:f\~d \If m.lIlt."d \"Ithlll \\ hh."h Bllnn\\ l" fllll'1 pa~ ,Ill "um... 't'i:un..d ...~
<br />!hl' ~~....:un!~ Irl'lItrwncnl Jf Bnrro\\t:'r fall~ to pi.!) Ihc'-t{. ...urn, prlllr It I thl' t:'pnallPII pllht... 1\("!'1t'ld. I cndt'1 nLt~ ltl\t\~.t' ;\l1\
<br />'<'flied"" pcnnllled by thIS S'TUI'''Y 1.,slrull1<'1I1 Wllh(lllt tun her 11..1 h." <II d<'lI1alld 1\1111<\11""1'1
<br />1ft JJorro"l'r'~ JUllht 10 Hl'instatc. If B(lrmw.'r Ill",:" ..'crLlIlI ,owlt"",,,. H""",\t" ,h:tll It'I\I.' ,111' la,ht '" Ita\('
<br />'.~f1 fnh.fmenf nf t hl\ St',.:unt) Ill"" r umnll dl'\'o"f lIlul'd al ,Ill \ ! III 1\.' rr Ill!' 1, I I he 1.';1 r1H'" I '! I" I .... d.I\'" (; \I 'Ut h ',If h~'r 1'~'f1nd ;\\
<br />,,1rr1Il-,Jhk Iii" rna:_ '-pfttlf) for relfl...I.II_(.'II1CIl1t l'wtnrl' 'ilk (.,t thl I'rllpf,"fl~ r'Ur...\I;I11f Ii ,l!'\ Pll\l,t'l <11 ,,",Ik \ \l11LllIH'd 111 Ihl'"
<br />~'i..:r.H!!)1 ln~.trul1wrd llr lh'l'tltt\ {If it IlJttglllcnl t'r1fnrn'l~ 'hI'> "'H'~ \1I1'~ In'.:rwtll'!l! I h,..~;. '11l.lll!tl!l'" .Ifl Ih,11 Hl\rl,'\\("!
<br />l.n p..n" J dHt~." .J1I "tlm.. 'w\hll...-h dH'l1 \\.f\uld hr dU!o' ullder 'hI.... St'dltlf~ 11l'.ltlJI;l!..I1! ,Ind rhc 'Id(' Iud ill ,li, \'kL\llllrl
<br />~~~,HrrnL (hi lUTe' ,Hl~~ ikLlUl1 td' .Ui~ 'l(lwr \"ll\t'll..lIlh (If ,I~n\'l'flh"nh II ',-';1\" .Il! \,["_'II'q'" iJh u!!nl III 1'111,'(\ HH~ lill"
<br />''''M;'~UP':I ilh'li.:Hlt'1l1, IlIcllldlll,IL hllllllf' llfrllll:d 1n. ft:,p,lllunlr ,IUtHnn.... ~l't-'" ,Hid idl t.l~_"~ \1\_11 ,II! I" 1 (I~;kl n';;l\
<br />rt,t"iJ1J,Jhh Il.':>~\JH~ 1'1 .~"''''ll.rc :b'11 111... ltt'fl 'II dll" "t..""\lf11\ I lI...tr II Ilh'l1 I I ~"fld(,1 p, 'j'i':l\ Ill,j H.)fr"\\i"',
<br />"hh~.;~I~-"tJ I' I:'!', lh, .\ll'!l\. ',(,'.lllnl h.. dll" ....n\l1lf., 1!\'~lf\ll!HTlt ,il,tll I j" 'Ii'.:',!, :)1\'!'1 ).\
<br />I~ It l' ,',J. ('! h-, '>.;,', IJ!!I'~ I;,,'! r \Jlll~'Flt .lnd f th' "blt~:,!i 1l Ill', ',('" Ilfnl hI" ,-h'. "II,I)! .1! 1\ h;,.1
<br />",'d H"..., '" 1!'1 'q,!tll''''~'ln',ldlt.'',lulln'''I,q\~,i\ 11',111, ':1, I!"
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