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<br /> pnymcnin n�a�y uu lui�er Ix reyufred.�►t the option uf Le�xtcr, if mortgage insuraine coverage(iu�he imi�nt iuxl-f�r tlee�xdocl
<br /> dixt I.�ii�lcr resq�d�resl pruvi�9ed hy au i�i�urer appr�►ve�hy l.��xler agai��t►ec:omes availrble an�l 19uhwid�e�i. Borrowsr shall pay ` ,
<br /> �lic prcmiumy►r.r�+ri��to�n�ainteln m�rt�HZ[e fnsun+nce in effect,or to provide n loss res:rve,u�itil tl�e reyuireiuent for monguge �
<br /> insurat�cc euJs in saccutdxtxC with rny written Agreement t�tween Borrower and l.encter ur appl[cable law. .
<br /> 9.Eespeci:trnn. l.etxkr or its wgent nu�y n�ake re�cwblc entries upon aud iiupecdons of the Property. I.oixier sl�all give •
<br /> :.,:*��` f3ormwer nodce rir.the time of ot prtur tu an inspecdon specifyiug�ason+ble cause far d�e iuspestioe�.
<br /> "'"'' 10. Cot�d�emn�►qan.Ti�e prcx.ceds uf any awarcD or clai� for dan�a$es, direct or conuquential, i�n connecdan with any
<br /> condeinnadau�s ntlier taking of�ury part nf the Property,or for conveyance!n lieu of condeu�n�don, are l�errby assigned anct
<br /> aU�ll be p�id to fr�xS;.r. '
<br /> In the eveur.��f p total caking nf the Properry.the proceec�s shall be applied to the sums seeuttd by this Sec-Ldty incmament, _
<br /> �vl�e�er or not tiv:n due, with any eacess paid to Boirower. Iu the eveat of a panial taldng af the Pmperry in which the fair ,.�,.
<br /> martcst vs�tue af t�.e Propnrty i�iraediat�ly before tha taking is equal to or greater than the awount of d►e sums sccur��A by this ':;�_
<br /> �r,curity Instnancnt inmiediately before the takinA.usiless Bozrower and Lender otherwise agrce fn wtitiog,the sums secured by ;;`�:
<br /> - -- this a"c�;tuii�t fusE:-��ue�ti �-z;! � .:14�! bY Qer amouat of the proceeds muldplied by the foll�witb frnctian: (a) the total _ _-
<br /> � ;sniount of tlu;r,ufl�secure� immedIatcly before the taking. dlvided by @) thc fair muket rnlue of the Propxtty innnalintely .
<br /> befote tI�e hiking. Auy b�e sball E;, paid ta Botro�:�er. Ia t�event of a p3rtial tai�*n�o�ihe Pmperty in w h i c h �he fnir � ��•-
<br /> � � u�aket value of t3�e Property inunediatdy before the tzlting is less than the aJnount of the sums sxured immedlately before the "
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<br /> ..{ taking,untess IIr�aro�eer a�!Lender othenvise agrce in wrldng or unless applipble law otLuwise provi�, raw Eii+N.�u�.�..11
<br /> ' L Ue applled co tUe sums sa:urrd by this Securlry lusuument whether or not the sums are then due_ ___
<br /> If the Fm��Yty is ab�ndo�d by�orrower,ar tf,after aotice by Leader w Borrower tlut tbe condemnox offers to mal�e an
<br /> � � avmal or se4tic n claim for dan�ges. Borrower fails to respond to Lender within 30 days aRer[he datc the notice is given, ;'-
<br /> L.end�r is anthocized to collect and apply th�proceeds.at its opdon,elther to cestoration or ttpair of the Property or u�tl�e sums '-
<br /> securecl by tv3n 5ccurity Insuumeat.whether or nut then due. , s�
<br /> Unless Leisaler and Yiorrow�r otLenvise agree in wcitiag. any appllcation of proceeGr ta�rincipal sl�ll not extend or
<br />- pastpone the ctwe dat�of the mantlily payments referred to in pangcaphs 1 a�2 or change th:amount of such pzyments. �i�
<br /> �t, 11.�narrttacasr Not Rdeaseti;Forbearance B7 L�ndeQ'Not a Wairs'• f3xtension of tLe time for paymeat or rao�i8cation --
<br /> ui iunuiuTa�au n�i:.6uil�o:..iii�b f :O�U-^.w Tncr�vrt orantrrl A�i Pt�der u�any SUOCCSSOr iII IIItetest Of BoI[OVYYi 511811 �,--
<br /> . � _ —.
<br /> not oPerate to m?,ase tLe liability of the original&►rrower or Rozrower's s�ccessors in int�rest.Lend�r s�ll not be requiced to .:
<br /> comm�nce ptoca:diags against any successor in inter�t or refuse to extend time for payment or otLecwise modify aawnir�tion �
<br />° of tlie s�s secnred by this Sccurity Iasaument by ieason of any demand made by t1�e original Sorcov�er or Bormwer's
<br /> succe.�.sors in itur.nst. Anp fncbearance bY I.ender in exercising any right or rewedy shall not be a waiver of or pteclude the -
<br />- • exercise of any cight or remedy.
<br />� 1Z. Suac�ois and Assl�Bound;Joint md Severel Uabllity; Co-si�s. 71x c�venants a�l agreemeniPS of this
<br />_, Security Insmvn�nt shall�ind ancl beaefit the suocessors a� ass�igas of Lender amd Botrower, subject tm tUe provisioas of
<br />-;.,.:, .. .` psua�raph 17. �armwtr's covenants and agreements shall be joint and several. Any Bortoaer who oa�igas this Security
<br /> Insaument but d�oes not execute tho':�ote: (a)is co-signing this Security Insm�ment enly to moctgage. B�ant and comey thnt
<br /> 's; • =f�y �; Borrower's iutec�t tn the Property under the teans of this Security Iast�nment;@) is a�t persoaAlly obllgated to pay the sums
<br />�_,�:�....
<br /> •,�:��.��'�"• ' secured by rhis Sxuriry Iastmment;and(c)agrees tl�aat Lender and any other IIumower may agm to exund,modify,fnrbear or
<br /> s,� ��,r..•y vy. ,, make any accoinmadatioas tvith regard to tbe tetms of this Security Instzument or the NoLe ait3�oat tLat Borrower's consent.
<br />�;;,i;;,r.,.,;,� 13.Iuan�:har�es.If the loan secural by this Secuiity Insttument is sub,�ect to a law wLich sets maximum loan charges, --
<br />;;�;,.;:',;,;;`7,,:�` and tLat law is finaUy interpnted so tlwt tbe interest or ather loan charges coll�or to 6e coIIected in conneadon with the _
<br />- .. y c;",s:,. loan exe,eed tue Pecmitted limits.then: (�:�any such loan charge shall be rectuoed by the amount�ecessaiy t� reduce the charge
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<br />-�.±��;,;,���dr�,`�, to�he�etmitUed.limit;wd(b)eny�ns alnady collected from Borrower which exc.eeded perntitted limite will be refunded to =
<br /> "-_ .su+r... Borrower. Leuder may cEnaose to make thiis refund by reducing the principal owed under the Note or by maldng a direct .
<br /> �-�'�;�;;"�a', Payment to Qorrower. If a refund reduces pri�x:ipal, the reducdon will be um�ted as a paztial prepay�ent without any _�
<br />_.,.,�„�.. ...
<br /> =—_�•,-:.,., P�PaY�t�l�arae uixler the Note. ' -
<br />�'''� '''"'' 14.Ncrt:4ces.Any mcice to Borrower provideet for in this Security Insuument shall be given by delivering it or by mailing �'-
<br />�=���;;., • :..
<br />���'` •�� - it Uy fust cif�ss mail unless applicable law requires use of another method.'I]�e�tice shallbe directed to the Property Asicitess �'
<br /> ,.....,:: .
<br />�;-,::�;`;-�� or any otHex address Fsarcower designat�s by n�tice to Lender. Any notice to Lender sball be �iven by �itst class mnil ro -
<br /> • Lender's address stated 6erein or any other address Lender designat�es by notice to Borrower.Any nntice�aovided for in this -
<br />- Security Iastruusr:nt shall be deemed to have besn glven ro Bomower or Lender�vhen given as provicled in this paragraph. -_-
<br /> 15.Gaver�ain8 I.nw, Severabl9it�• This Seciuity Tnstcumens shnll be govecned by fed�ral law and the law of the =
<br />_ jurisdictioa iu wl►icL ILe Property is➢�cated.In the event that a�y provision or clause of th��S�curiry Iustrument or the Note
<br /> ' �'! contlicts witli appIIcable Law,such conflict s6a11 not affect other provisions of t?�is Securitg+It�.stmment or tt►e Note wluch can be ,.-
<br />- 'i� �ven effect wi�hout the conflicdng provision.To this ead the provisioas of ttaas 5eswrity lusttument and eii�.Note are declared :-
<br /> = to be severnble.
<br /> , 4� 16.Borrower's Copy.Borrower shall be given one confor�ed copy of tbe Note and of a�is Security Iastnwient.
<br /> ' ^ form 302�(�„ 9/9,�
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