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<br />84.- 005012
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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 far tIle-
<br />insurance terminates in accordance with Borrower's and Lender's written agreement or applicable law.
<br />8. Inspection, Lender or its agent may ma.i(,e 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 inspectio>'\.
<br />9, Condemnation. The proceeds of any award or claim for damages. direct orconsequerttial, in cotlllecti.on'wlth
<br />any condemnation or other taking of any part of the Property, ,?r for conveyance in lieu of condenmatio~areherebY
<br />assigned and shall be paid 10 Lender. _
<br />In the event of a total taking of the Property, the proceeds shall be applied to the sums securedbythis~llrity.
<br />Inslrument, whether or not then due. with any excess paid to Borrower. In Ihe event of a partial.taking pfthe-~,
<br />unless Borrower and Lender Olherv.~se agree in writing, the sums secured by this Security InstrumentsbaU bereduced.b;y
<br />the amount of the proceeds multiplied by the followmg fraction: (a) the total amount of the sums secured in1:medi&tely
<br />before the laking, dl\'ided by (b) the fair market value ohhe ProperlY immediately before the taking. Any hallinceshall.be
<br />paid to Borrower,
<br />If the Property IS abaudoned by Borrower, or if, after notice by Lender to Borrower that the condemnoroft'm to
<br />make an award or .ell Ie 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. eilher 10 restora.tion or repair of the Property or
<br />to the sums secured b\" this Securitv Instrument, whether or not then due,
<br />Unless Lende; and Borrow~r olherwise agree in writmg, any application of proceeds to principal $h&lI !lOt.Clt.mllh)r
<br />postpone the due date of the monthly payments referred 10 in paragraphs I and 2 or change the amount ofsuch payments:
<br />10, Borrower ~ot Released; Forbearance By Lender Sot a Waiver. Extension of the time for payment or
<br />modIficatIon of amortizatIon of the sums secured by this Security Instrument granted by Lender to any Sllccessocin
<br />interest of Borrower shall not operate to release the l:abiJity of the original Borrower or Borrower'ssu<:eesso1'S ininten!llt;
<br />Lender shall not be reqUIred to commence proceedings against any successor in interellt or refuse to extend time for
<br />payment or otherwise modify amortlzatlon of the sums secured by this Security Instrument by r~n of anydemand made
<br />by rh;;: ;;;fi~i1al ~~wcr or B-:;rn}'!;;'cr's suc~~~rs m !nt~!"~"'!_ Any forf-g:r&!1M by l.mder m C-Xt:rCtS.Ing any nghtor .remedy
<br />shall not be a waIver of or preclude the exercIse of any right or remedy.
<br />Il, Successon and AlSigns Bound; Joint and Several Lil!.bilit,', co-signers, The t:Qvenants and agreements of
<br />Ihis Secumy Instrument shall bmd and balelit the successors ami ' ,i\:n.. 01 Lender ftnd ,>OTtower, subject to the provisions
<br />of paragrapb J"! Borrower's co\'enalllS and agreen;cnls sbal: Ix jOl, , and several, Any Borrower who co-signs this Security
<br />InSlrumem but does not execute the Note. (a) IS co>signing thIS Security Instrument only to mortgage, grant lIIid convey
<br />that Borrowers Interest IU the !'ropert\' under the terms of this Secunty Instrument: (0) is not personally obIigatec:lto pay
<br />the sums secured by th!> Secunt} Instrument; and (CI agrees that Lctdet and any other Borr"wcr may agree to extend.
<br />modIfy, forbear or make any accommodations with regard to the lcrrns of this Security Instrument or the NOle withOllt
<br />that Borrower's consent.
<br />12. Loan~, If the loan secured by llus Secunty Instrument is subjeclto a law which sets maximum klan
<br />charges, and that law IS finally Interpreted so that the mterest or other loan charges collected or 10 be collected in
<br />,onncellon WIt!! the 1031' .xcoW Ihe permllled bmlts. then: (a) any such loan charge shall be reduced by the amount
<br />necessary 1('1 reduce Ihe charge to Ihe perrnltled limit; aud (b) any sums already collected from Borrower which exceeded
<br />permllled 11m;" ""ll Ix refunded !O Borrower. Lender may choose to m.u:e this refund by reducing the principal owed
<br />under the Note Or by malan":1 dIrect payment 10 Borrower, If a refund reduces princIPal. the reduction wiII betfl!llted as a
<br />partiai prepayment wlthou! any rrt'pa~me!1t ~harge under the Note. .-
<br />13, Leltislation .'lfectina Lender', Rights:. If enactmenl M expirallon of aj>plie.ab1e law. has the effect of
<br />rendenn!l- an)' pr<wlS-lOn of t he Note- or t hl~ SC(UOf y 1 fist rtnnent unenfon,:eable atcc0rding to its terms, Lender. at its option.
<br />may requlr( lmmediale pa~;m('nt in full d- aU \um~ ..ccureU by tni$ Security Instrumt:nt and may invoke any rcnu;:dif!$
<br />perrnllled by paragraph I Q If tender nerc""" Ihi> opllon, t"nder shall lake the Sleps speclfic:t.1ln the s<<ond paragraph of
<br />para~raph 1 7
<br />14. 'otices. Any "ollce h) Rorw"er pWllded for IU th!> Secunty Instrument shall be gIven by delivering II or by
<br />r",,,lmg II by tile;! cl",. mall 'lilies. "ppueable la" r"'lulr... use of "Dolher method. The notice snaIl be dll1,cted 10 t~
<br />!'ropert}' Addr"" ,'r any other .ddress Borrower desIgnates by notIce to l~nder. Any notice to Lender shaD be gIVen by
<br />first clas. mall W Lender,> ad.!r"". .tated herem or any other addr~' Lender desIgnates by nOllee to Borrower. Any nmice
<br />pm\'lded fe'r m tn.. Secunt}' Instrument .hail be deeme<llo have been gIven 10 Borrower or Lender when given as pros'lded
<br />1!1 I hI> ranograph.
<br />15, (ri>vernintl 1-4"; Se.erabUit)., Th!> Se>:Utlly Instrument shall be governed by federal law and Ihe law of Ihe
<br />jUn.ulCI1011 1!I whIch the Property IS k>eated In the e\'ellllhat any proVISIon 01 dause of thIS Security Instrumenl or Ihe
<br />~Ol< wnfllct' Wllh applicable law, ,"ch conflIct ,hallll'>! atfecl other pros-ISlons of til,s Securily Instrument or Ihe Note
<br />Whh:h can ~ s!\cn t:no:t without the r..\mthctmg prov~~iOn, fo tiu'i. end the pr0\'i'!'lon~ of thiS St"\,;urit)' Instrument and the
<br />"'('ole arc- det:iared to ~ s.t'\ens.bk
<br />16. Bornntt'~r's ('up)". Horn.....wer "hat! t\C gIven l.me- ..:onfonned L'OP} llf the ~ote i.UlJ of thl~ Secunty Instrument.
<br />17. Tnt!1Sfe! (!( the P!'"upert}' tlr ~ Be.neficial .Interest in HOl'n"ter. If ail or any part of the Property or an)
<br />mt';:f~lln it l~ ~oid tH If::t.nsferred l,Gr If a ~IH:n":Ull mtere"it In Borrower I~ ~ojd or transferred and Borrower is nol a natural
<br />per,>un) Without Lender'.. rrh,1f ~rHten ..:on$etlL Lender ma}. at H!\. optton. requHt.' lmnu.'\.ilntc payment In full of aU sums
<br />~ured b) tJu~ Se.:~rHj In~{rumcnL However. IhlS OpIlO-n s.haH nOl be ext"rcl-,ed OJ Lender tf c'\crl..'l~ l~ protubued. by
<br />fedcrai !.a~; as.l\f the dale of thl~ Se\:UHty ln~trum~m
<br />If Lencer e.\-en.:t~ thiS i...~ptlon. Lender shaH gJ'id: &lff(}W("f nOllce of ac~deratlOn The nonce ~ha.ll prOVide a penod
<br />-:\f fh1t jti~ than 30 d:aj':- fr(,)m the illue the DuBee b ddl"ered or madoo \4'Hhm whlt.:h o.orro\\cr must pay aU ,unh \ecurcJ hy
<br />tht.\ Sa;unty Il'1str-urnenl if BorH~"'er fad!!. to pay the"e ~um~ pnor tn the e\rlraUo-n l.if thl" penod, l.ender ma~' ltPtokc an)
<br />re,I~""\iJ:~ rennHteo b} Ih~ Se.('unly In~lrumem ,",thou! fun her nonCe pr lkmi;t.nd 1.'0 Ih)HP\o\er
<br />18~ Rorruwer'l; Ri&ht to Reta$tate. if k1.)frUWCT m("t"t~ ce:rtam ..owjHlpn~. BOlll..'\H'f "hdH ha\e thr.. nght li.J hilH'
<br />ent'0n::emctH of thu. Se..;.unt) ln~ln~m~nt dU;'''"lmUnu~ at o:n} tunc: pnor w the \.'arh~~r l,.f tit, ~ du)'... (t>r '!l,ui..'h othe-l pcnod a."
<br />lipph;.::..abk 1.:1'" nUt) ~r<'~lfy far jt'lll'..t~Ht'menU hetl-'fr: ~k of the Prn~)C;;rt) rur~uaJlt l,-~ .an~ j:Xl\\.-er \11' \alc comuUlcd In Ihl~
<br />s.c.:unt; in~tfum,cnt. ~Ir tp} entfY 01'..1 ,~u\18nn.nl C'_uft,lfi.'mg t!-H~ ~eCUfl!~ IO\trulllt'nl rhtt'!>l; ~uni.1Jt't)n, are rhat H(Hf(~\\t'r
<br />ii/j} pa.~') L-cnder ~dj 'io\un" \\-hh.:n :htn IAl'<Lild ht' Jue LlrH.kr !h" S-ecunt\' In~H\Jluen\ ..wd tht" 'oH~ hilt.! lhl a..:(-dCnHli)tl
<br />\~o;unt'!';.t itn ":'LHt"'\ .3n} zh_-fauJt ,~f aa\ ,.th~r ...'PH"'HUH~ ~_'r a~teement~,.~n pa)\ .d) t-\~!t:ll"'C~ mcuned m t'ut(lrl'Hlg lhl~
<br />~unt~ InstnHllfBl, l:ndudmgo but Iml llinnr-J tn, rea.\iJfHif;bie: ;'i-lhljnt'~~' k~; d~h.~ hfJ: Wk.t\ :'>~H:h 41"fh)!~ .-p" l.t'-Hd-f.'l ma\
<br />r(:&~"-fiA.bh r(,"~uH' h' ~'f];jJn: that tht' hen ,,1 thl'Jo ~~...:",nHy in\\n.mwnt. l.-l."fhJer-... !j~hh w .h;:,' Pft)!'t:rlY iwd B~'1nn"\<f-:-
<br />'-~hiaU~m I,,' p.;:,*~ (he 'loUfll_' ~,urC\l h~' ttH"" ~_>;:uot) In'\tflHHt'Ttt \hitil ~:Onl"lf\U\~ ;,.n....h-ang:t;:d t.":".o ;('!H"Lt 1 t"l:llt"H I t,.~
<br />l\.:.l-tr'-'-l\'~L ~.e:~1jnt~ h!).tj'UrllCHI anti the- "hb~,,'lHHf't_.. ';;(''..,!Jf<i;".J lH",dt," ...hail r\.~,niHn dft':\.,tt'l.t: ,~'"' ~(:H' ,h-,:ck"t;ti!\lH !lad
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