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<br /> .�Y �.� t a � . .. . ��_�_..e.�.r� ��.� �`-� —
<br /> : . Borrower may cwe such a detauEt an� reins�te, as proaided (n paragraPh 18. by rausing tT�'�°gati����eSin�g to be ,�,.�iFi,,,..:
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<br /> ' dismissed with a ruiittg that In Lender's goad fatfh dstertninatian,prectudes forfeiture ot the Barrowers inierest in the Property or ,,�_�--____u'
<br /> otfier material tmpalrment ot the Gen created by thls Sacurity Instrument or lenGers securiry interest Borrower shaN aSso he in �,:,�y�`.::
<br /> : ' defauR'rf Bortower.Qurl�g t�e ta;r�apAlication process. gave materialtY talse ar maccurate infortnation or statemmts to Lender(or , �,:�.� �:.
<br /> -"E; ta�ied to provide Lender with any materiai intormation) in connecGon vrith Me Iean evtdenced by the Note, indu�ing, 6ut not � Y_=�#_`•
<br /> timited to, representations conceming Borrower s occupanc� oi the Property as a PrinciPal residence. 14 this Security .
<br /> Instrument is on a teaseho�d. 8orrower ShaD campyr with atl the provlsions ot the lease. k BoROwer acquires fee titte to the �,_� _ : �
<br /> Property.the leasehotd znd the ha title sha0 not merge untess Lender agrees to the merger in wri6ng. ,'a-ti� ���
<br /> <;;nr.
<br /> 7. Protectlon of Lende�'s Rights in ths Froperty. H 8orrower ta�is to perform the covenenia and agreeroents . 4,;.;���
<br /> contained in this Securityt Instn+msnt or there is a legal proceeding that may signifiiant►y affect Lendei s rights in the Property �:' ;
<br /> . ��.F.....
<br /> (such as a proceedin9 in ha"1vu�i�fl•Probatcr,tar condemnation or toAeiture or to entorce laws or regu�ons),then Lender may ,.4;;�� .k��,
<br /> � rotect lhe value of the PropeAy and Lenders dghts in the Properly. lenders actions ���` =.
<br /> ' do and pay tor whatever!s necessary to p - , '� -�:�
<br /> �9 msy in�de paying any sums secured 6y a [ien which has priorty over thts Security Instrument e�spearing in courl. paying _ "�= � _
<br /> : .� reasonable attomeys'fees and entering on the Roperty to malce repairs•Although Lender rcay take action under this parag►aph t �, '' k;.
<br /> 7.Lender does not have to do so. E
<br /> ��_
<br /> `• `.� Any amounts disbursed Dy Lender und� paragr4Ph 7 sha8 becoma addRIonal d�rt of Bortower secured by Yn'rs Securiiy �_
<br /> -��t Instr�ment Untess Borrower and Lend�e8s� to other terms ot payment. these amounts shall bear interest tram tyS»date oi
<br /> d'�s6ursemen!at the Note rate and sh�ba payab►e, witi'�interest.upon notice irom Lersde�to Borrm+rer raquQStin9 F��ti ��
<br /> , ...i 8. MO1tg8$e (RS1t�Si1Ce. It Lender requlred mortgage insurance as a cor,diton ot maktng tt►e �oan secu�e� by this _
<br /> Serurity Instrument. Bortofrer sh�11 pay the premiums required to rt�aintain the rRart9=i,Z'ns�ra"ce�n efte�- �f•for arc�reason,the
<br /> the rem'.u�r.� uired to
<br /> :,�,� mottgage insurance cove�-�.�requ!red by Lender laps��s�ceases to ae in eftect.3�r�rrer shaD PaY P '�Q , --
<br /> ��� obtaln covwage substanti�T� �u'rralen4 to the moRgag��wrance Prevlousiy in efte:f: �a �st substantiaiti eci��'=nt to the ''
<br /> .'`'� cost to Bortower of the rtartgage i^s'��Le previous(y in effect. from an attemate moRgage Insur� approved by Len�u. If .c"�..•.
<br /> � substantiaity equivaSent mortgage insu�n�=overage is not ava�lable. Bortower shall pay to Lender each manth a sum equai to �-.,...-z===:.-
<br /> one-twelfth ot the yearly mortgaga insucsr:rx�premium being paid by Bortower when the insurance coverage lapsed or ceased to � --�—�
<br /> .�� be in effect Lerv�er wi�accepl. use ana tetaln these payments as a loss reserve ir,:+t�u of moRgage insurance. I.oss reLerve �
<br /> • � payments may no tonger be required.at the opUon of Lehder.it martgage iruurance�verage(m the amount and tor ttie perfod
<br /> ' � that Lender requires)provided by tm insurer appra�aed by Lender again becomes uvaHab!e snd is o6tained. Borrower shall pay ��
<br /> ; :� the premiums required to►naintain mortgage insurance in effed, or to provide a loss reserve. until the requ"uement for mortgage �� -'�`-
<br /> � insurance ends in accordance with atry written agreement between Bo,a,+r:r and Lendec or applicabte law. F.--`.--_-�.,�,.
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<br /> � .. 9.Inu�ec3ior►.Lender or i[s ageM may make reasonable enuic�.�"on and tnspections o?the Property. �ender shaU g.h•a ��t����'`
<br /> S BoROw��obce at the tims of or pdor to an inspeetion speci(�ring reasanabte cause tor the inspecUon. �
<br /> ,,;�. 10. CotldemnatiOn.The pmceeds of eny award or daim tar damages. �r.*s�:or consequentlal.in connection vritA any �:.:��
<br /> •,s wndemnatlon or other tatdng e1 anY Part of the Properry. or for comeyance ir''tEa�,�condemnacUon, are hereby assi�ed and
<br /> !' "? shaU 6a paid to Lendu. �'��
<br /> '� In the sverd oi a total taktng o! the Property, the proceed:. � 5e �lied to the sums sewred by thts 3ecurUy �;_,.�_-
<br /> .'.:.M;�:,
<br /> Instrumen�whether or not then due.with anY excess patd to Bormm�a. �.�the eve�rt ot a partlal taking ot the PropErty(n whlch -
<br /> the fair market value of the Progerty immemately before the taking is equal to or g,^�.ror than the amount of the sums secured _ ____
<br /> .� hy thls Securtty Instrument trnme�atety before the t-sdng. unless Borrower and ;.a�der othervuiss agTee in w a+acy, the sums � ,—�r.��
<br /> secured by this Security Insbumenl shall be reduced by the amouni of the praceeds mutbpGed Dy the tollr,wing i-ar.t0.b: (a)the �f' •
<br /> �, total amoun!of the sums secured immediately 6efore the taking. d'n+iaed bY (b)the fair matket vatue of the Prope��y in'mediatet�. .
<br /> " . •i betore th2 faking. Arty batance shafl be pald to Boerower. In tha eves-:'01 a parti3l taking of the Ptoperiy in�vhich the fair mazRd' .
<br /> ' vaiue o`•�.t� P�operty immedtate{y betore iho taking is less than the�ount of the sums secured Immsdiafely 6etore the taking,• .� , '.,`. '
<br /> yntess�^�*owe► Fsnd Le:rler othervvlse agree (n wr�ing or uNess appGcabte taw ntt►e�wise provides, the prs+�eds shaL he ^- .
<br />� �ap�kr�d ta the sums sev5s�by this Security Instrumen!vlhetAer or not the sums��then due. i�,�{'�.�' •.�
<br /> nder to BoTmwer that the condemnor oatn,�to make an �'•--__
<br /> • ' !f.t'2 PropeRy is ebandoned by Borrowc�r or'rf, efter noUco by Le ��
<br /> � ayyard�r :..attle a clatm tor damages. Bortower tails to respond to Lender within 30 days aRer the date tha notice is given.
<br /> LetsHer t§ authorized to mQeet enG eppN the proceeds, at its option. either to restoratfon or repair of the Property or to tAe ����'
<br /> •'�f sums setured by tAls Seauityr Instrumeot,whether or not then due. ��
<br /> � �� Uniess Lender anG.3arrower otherwise agree in wridng. any apDlica�'on of proceeds to pdncipal shali :vt eXtend or �•�
<br /> hs i and 2 or chan e the amount ot sud�cp�rtnents. �� ����
<br />- � � � gostpona the dua date a?ihe monthty payments reterred to in paragrap 9
<br /> � � 11. Bonower No! Refeased; Forboarance By Lender No!a Waiven Extenston ot tho Urrte rrx Rayment or
<br /> modifi��lir,m;.ot amortizaUon of the sa:s secured by this Security ln�rument granted hy Lende�to any suceessor in krterest of '�'-°�'
<br /> . ,f . "(i �iaw�.
<br /> �� Borrow¢r�t,all not operate to retease tna IiaD'+lity of the odginal Bor���or BortowePs successors in in2er�st. Lender shaA not.
<br />'��� +'•`; bs req,1"dra� W c:flsnmence Dm�eedmgs agzinsl any successor in irtta�st ot retuse to extend time for payment or otherw�s
<br /> � �' • mod�ty amort3zaUon ot�tre surt►s secured by this Securiiy InsVument by reeson ot any dert�and made by the or(ginal Borrower oT' �� �
<br /> ��;, .� Borrower's successors bi tnteresL My torbearance by lender in exetcistng any rtgfit ot remedy shall not �e n:�waiver o1 or
<br /> �!s��
<br /> '� preciude the exercise of any rtght or remedy. �'�'�"`'
<br /> :. �Ifr;•;�� �a��n•.�, -
<br /> 12r Successa►s and Asslgns Bound; JoiM mnd Sovaea! LIabllity; Co�tgners.The covenants and
<br /> r.... a�eema�t�ot this S2acity Instrument shall bfnd end 6enefit lhe successors end assigns of Lendsr e,.1d Bortower,subJect to the
<br />, '�t``:,
<br /> ,"•t�r�` pmvislmts ot paragrapn 17. BoRanreYs covenants and agreements sha0 be joint and aeveral. Fy+K�t9o�rawer w`o co-signs this �•
<br /> .----.,- .
<br /> � Securfry(ns�trumert tr;:�does not e�cecute the Note: (a)ts co-stgning this Security g;riavment aniy t�mortg2;,/A�.�unt and eonvey �;•_
<br /> ` that Batrowet's inte:rsLU�.n the Proyerty under the terms of tAis Secudry InsUts.�^'.: b) is not petsonaBy c'^ii;c�ed to pay the =-
<br /> i...,�,�. —��:�
<br /> ;:},,,.;� sums sewred by tns Security instrumenx and (c) agrees that Lender and any oYner Borrower?ray agrea to extend. moddy. �_,�_;_
<br /> :id.' }� � }orbear cn irrake eny acwmmodaUons with regard to the tertns of th4a Securily tnstrumer►t or��hlrl:e wilhout that Bortower's _____
<br /> ������,,'-'.;' conser.z .�.. .....
<br /> L•.��'� ' 13. Loan Cl�c�es• U tha loan secured by this Secudry Instrument is �bJect to a faw which seLs maximum toan '
<br /> ` � � � Charges, and Utat �u'iss Rna11y IntErpteted so that the mterest or other to�n th�,r_e,�.apected ot to be co1M..:tr�r!in connectlon til��;•
<br /> � wfth tAe foan exa:e��t�r Rertnttted 6mits,then: (a)any sucfi Ioan charge sha0 Crc�ect:ced by the amount rrrc:t�3ry to reduce ����'3� �•�
<br /> '� the charg0 to the pe.raitted timix and (b) any sums eheady colteated irom B°�v�sr whtch exceeded pe�^'i��d Ilmits wID be !�'i�•� �,
<br /> ;;i,�..�, reSunQe�J t� F3ortower. Lender may choose to make thts retund by reQucing the prindpal owed c:-rler the�l�te or by maWng a }
<br /> , " direct�r�rnr:nt to Bor�vHer. I} a ret�,r:� reduces principal. tAe as+:t:c�lon w10 ba treated ac a p.7�ral prepeyment wfthout any F)`�•
<br /> � prepayment charge undar the IYote. � �'`�`�
<br /> � 14. NONCOS.Aray notice to 8orrower provtd`!ri tor in thfs Secudty{nsWme.1 s?tall be glven by del'aerir.a it.�sr by ma(ling it �., ,_,�
<br /> by fGst class maU unless app:icab'e Iav�requlres us� ot anotAer method. 7he nc9fr.e sha0 be dlrected to the f?ta�arty Address F � - -
<br />• or arry other address BoROwer d�slgnates by notice to Lender. Arry notiee to L�nder shall be given by flrst dass mail to n__ _
<br />� �.�;. Lender's address stated herein or any other address Lender designates by noUce to Bonower. Any natice provid�d tor in thls =���
<br /> � ; Securiry Instrument shaU be deert:ed to have been g(ven to Bortov�er or Lender when glven as provlded in thls parnc1mph. L:_:--
<br /> � 15. Governing Law: Sev�rabUtty. Thio Security InsUument st�all be govemed by tederat lav� end tho tav� ot the f-'��=
<br /> � judsdletion in whtch the Properry Is located. In tFe event that any provlsion or dause o1 tfiis Security Instrument or the Note -__
<br /> con�Lets with appGpbte tav�. such confect shalt not attect other provislons ot this Security InsUUment or the IVote whtch can be
<br /> , given eitect without the contlicting provision. To this end the provisions o1 this Security InsUUment and the No2e are decfared to 4,,���:
<br /> ,. � ee severabte. �°-
<br /> . 16, BO�oweP'S COpy.Bovo•+ver shaN be given one conlortneA copy ot ihe Note snd of this Security Instrument. __��:.
<br /> ._ ::�,:����-
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