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<br />84---"! 006841
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<br />If Lender required 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 effect until such time as the requirement for the
<br />insurance h:rminates in accordance with Borrower's and Lender's written agreement or applicable law.
<br />8. Inspection. Lender or its agent may make 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 insj-lCCtion.
<br />9. Condemnation. The proceeds of any award or claim for damages. direct or consequential, in !:()ftncction with
<br />any condemnation or other taking of any pan of the Propeny, or for conveyance in lieu of condemnamm. are hereby
<br />as.signed and shall be paid to Lender.
<br />In the event of a total taking of the Propeny. the proceeds shall be applied to the sums secured by tlrisSecUrity
<br />Instrument, whether or not then due, with any ellcess paid to Borrower, In the event of a panilll taking of lhe Propcny.
<br />unless Borrower and Lender otherwise agree in writing, the sums securt'd by this Security Instrument shall be ~by
<br />the amount of the proceeds multiplied by the following fraction: (a) the total amount of the sums secured i~y
<br />before the taking. divided by (b) the fair market value of the Propeny immediately before thetakilig. AnybalanceshaUbe
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower. or if. after notice by Lender to Borrower that the condemnor oII'erslo
<br />make an award or !oCule a claIm for damages, Borrower fails to respond to Lender within 30 days after the date the notice is
<br />given. Lender is authorized 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 Nherwise agree in writing. any application of proceeds to principal shall not elttendor
<br />postpone the due date (If the monthly payments referred to in paragraphs I and 2 or change the amount ofsucb payments.
<br />10. Borrower ~ot Released; Forbearance By Lender ~ot a Waiver. Extension of tbe time for paymmt or
<br />modification (If amonization of the sums secured by this Security Instrument granted by Lender to any successor m
<br />interest of Borrower shall not operate to release the liability nr !he original Borrower or Borrower's successors in interest.
<br />Lender shall not be required to commence pmceedings agamst any ~.uccessor in interest or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made
<br />-by .h.. One;"'" RorTOw..r or BorrQwe.L'i.g1~~':;ill3i!Lim~!:est AmJ()rlJearance !J.yJ.ender in exercising any right or remedy
<br />shall not be a wai\'er of or preclude the exercise of any right or remedy. - --- ....-. H_..... .._,------_..
<br />11. Succ:essors lUId Assigns Bound; Joint and Sel'eral Liability; Co-sillMfS. The covenants and agreements of
<br />this Security Instrument shall bind and henefit the successors and assigns of Lender and Borrower, subject to the provisions
<br />of paragraph 17. Borrower's covenants and agreements shall be jomt and se\-eral. Any Borrower who co-signs this Security
<br />Instrument but does not execute the Note: (a) is co-signing this Se..:unty Instrument only to mortgage, grant and convey
<br />that Borrower's interesl in the Property under the terms of this Secumy Instrument: (b) is not personally obligaled 10 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 accommodations with regard to the terms of this Security Inslrument or the Note wilhoul
<br />that Borrower's consent.
<br />12. Loan Charges. If the !<>an secured by this Security Instrument is subject to a law which sets muimum loan
<br />charges. and that law is finally interpreted so that the interest or other loan charges collected or to be collected in
<br />connection with Ihe loan ellceed the permilled limits, then: (a) any su..:h loan charge shall be reduced by the amounl
<br />ncce!o-'\lIry 10 reduce the charge 10 the permItted limit; and (b) any SUIllS already colk-cted from Borrower which exceeded
<br />permiued Iimlls will be refunded to Bormwer, lender may choose to make this refund by reducing the principal owed
<br />under the NOle or by making a direct payment to Borrower. If a refund reduces principal. the reduclion will be treated as a
<br />partial prepayment WIthout any prepayment charge under the Note,
<br />13. l.eaislation Alfectinll Lender's Rights. If enaclment or expiratIOn of applicable laws has Ihe elfecl of
<br />rendering any proVISion of the Note or thiS Security Instrument unenforceable according to ih terms. lender. at ils option.
<br />may require immediate payment III full of all sums secured by this Security Instrument and may invoke any remedies
<br />permitted by paragraph lQ. If lender exercIses this option. Lender shall take the steps specified in the second paragraph of
<br />paragraph I 7,
<br />14. ~otices. Any notice 10 Borruwcr proVided for in this Securny InMrumcnt shall be given by delivering it or by
<br />mailing it by firS! c1aJ>.~ mall unless apphcable law requlr~"!I use of anolher method, The notice shall be directed to Ihe
<br />ProperlY Address or any uther address Borrower designates by notice 10 lender. Any notice to Lender shall be given by
<br />first class mail to Lender's addres~ ~tated hereml1r any other address Lender designllles by nOlice to Borrower. Any notice
<br />provided for in 1 Ills Securny Instrument shall be deemed to have been given 10 Borrower or lender when given as Ilrovllk'll
<br />inlhis paragraph_
<br />IS. ('.overninIC (.a,,; Severabilit)'. nus Secunty Instrument shall be governed by federal law and the law Hf Ihe
<br />jurisdiction III which Ihe Property IS !Ol;lllcd, In the even I that allY provisi()n or ClllU'>C of this s.:cunty Instrument Hr du:
<br />Note conRkts wllh applicable law. ',uch conflIct sh,1I1 not alfe..:t other provisions of this Security Instrumenl or Ihe Nole
<br />which can be SI'en effect without the conflictmg pro\ISlOn r" tillS end the pwvisions of this Security InSlrumenl allllch.,
<br />Nolc are declared to be 'ie'crahle
<br />16. Borro"er'~ Copy. Borrower ~hall be ~nvcn one cl.Hlli'rmcxj copy of thc NOlI.' ano of thIS Sc<:UrHy Instrum.'nl.
<br />17. Transfer of the I'ropert)' or " Beneficililllnteresl in lIorrower. If all many plIrl of the Property or IIn)'
<br />Illterest in it IS sold or Ifansfcrred (or If a beneficial interesllll Borrower IS sold m Iransferred and Bmwwer Is nul .lnalUnli
<br />penon) without Lender's prim wr;llen ,'on'ielll. Lender llIay. al lIs opllon. re,!lIlre 1I1lllledmtc I"'ymentlll filII "f all SU!lls
<br />'\CCurcd by this SecurIty In~lrumenL 1I0wC\er. II1Is optl<lI\ shallnol he ,',erclscd hy lendcr If nl'r,:lsl' " pwlllhlte'll hy
<br />f<<lerallaw as of the date of thIS Senmt~ (nstrument.
<br />If Lender cxerclses tillS opthHl, Lcndt" '.hall gIVc BOlln"'cr notll.T nl accd,~ralloll. Ihc nOll.e ~hallp't1~ldt' a I'cr"...1
<br />of nollCl>~ than ~O JlIY" from Ihe datlc I tit: nol";c I' deli",,,'d or l1lillbl wltlllll __fn,'h Il,,, ,,,,,,,'r 11l1l..tI'1I~ all SlIllls ".,'1I1,'d h\
<br />thi~ Se.;unty I",trument. If BnrfUwu f,uls to 1'1I~ lhe-,,: Sllrns pi"" hI the c~l'lIalloll "r IhlS pl'llnd, Ll'lIdcr 11101) 1I"ok,- all\
<br />relnct,hc~ PCfflHlttd h)' rhj,\ Set:u6ty h"1ruruclII 'Jl.lthnur fUr1her fl1lth.T.II df.~nHt.ltd (HI Borrp\\""t
<br />111.. &rro_ertlPi Riftht to ReinMah:. If Honowcr rnl~ch i..t'r1alJl t."_~lIdI11(l1l", H{\r In\H'1 ,hall ha\T (hl' fight 11) hUH.'
<br />f;'nf4~r,.:(.'ml."1I1 (If ,lll'~ S~:(unly IfI...ttUlIlt'f11 dll.,.j,,'onflIlUt'd dl all) 111I1l' plllll ltllhe ('.-If Ilt'j pI (a} ~ day' (or ,,,rh othc,~1 PCrI'l\t oil'
<br />Jrph1:ilhh'la'lA rth~~ ',pt.'..-il\ fnt (l'llPllakIlH:IlI, twfoh,' ',alc 1\1 tht' Prl)l'('rl~ P~I1\UJllt ll\ ;tIPj Ih1\\l'llIf \ah-l'lHllalllnJ 111 1~1I'"
<br />~~t:url!~ )fi",UUlllUIL (IF (h) clltry "I'II j\ldPIlH."H t'l\hHI.:ln~ lhpi Sntlnt~ fll'dnmu'lll I h4''-.c' umdllHHl\ ~~n' tll.1I BOHc1\\-1'1
<br />(a, p..t~" Lender ;d) ~,wn'" whIrl! Ihul \\'oul(1 hl' dUt~ ltfltkl 1I\1'~ Sl'~ ullly 1!l...tttlllH:nl "lid llw '\lllh' IHHJ UO .IU.'r1t,'I.I'h'll
<br />(~I;,:Uff{'d 'h, .,ill!.". ,111:'0' ikf~l\jh !;t ~lIl) ttlh~1 Ul\'("hHIt'. !,if av.r,~(,'plt:l'l'" I,:, pa"... "II C,\l'nl"'I". llH'lIltt.'d IrI l..'lIlt)l\.IIlJ;: tilt...
<br />~dJlj!) (1l','ruflH:ll~, HH.I~HhJlg, hU:i flltl IIfl"tt~d l;~, IT;I.....JlIahk ;!I!1llllfl,', Ice..., ,\lId tdl t,It..i.'" '.tHh dl,lllll\ ;t, 1....~lIdt., 111;1\
<br />rt";AI....~,!j"ijhi.~ :'--(.P)'~\' 1,0, ,p,',I.HC l!\~tl !Ill: la'Hut ttH"o ~1'UHll~ tll'l"III101I:nl. Il'lldcl',. :I).,:lth iq ill<.' P~I"l-1:r!\ ,Hili JiP!!,l\\l"'"
<br />qh-~~.M~H(pn 1" l'ih flIt '\\y1f',; 1,,\"UIH:d :1j !hh ~el.:\HIl\- I 11...1 rl.lfll<'n! 'l1,dl '_1'11111111\ "lI_ILlllf\'d ll',qj !1:lIl",tlfllH'f11 11,
<br />It~ H' ',VI. n ~ ljl... t,;w':. Ij! 11 t I n".lr \ !I 1\('111 ,!lId till' ,-!hh~~atl\ Ill, "'_:\. IJf ::0.1 IWi .:h\ ,lull ".'lIulJ'i ! Ii L nCl, 11 '. I' :1" !~ PI cit-! ,l~" '1\ !..hl
<br />'I"u, " "'." 'h,<.! \tJ'hr t, I h:'lrhl'lte '-,~LII11l111 ,IPI')" :'1 !!1(' '-!I'! It H "1 ' [\,l' ,Il:~ 1II,Il" \" I
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