_ ,,,�...�..... . ._. �... .
<br /> _ q,�pia9�6�--
<br /> plyments m�Y�w longa bo rtqulrai,at tlw optian of[.�ndcr,If nw�tgngo insumnco covcr,Eo pn�ho antnunt nnd(or�ho perlad
<br /> tltft i�c(dqr rxqt�lrvs)provldcd by an t�suttr approval by lxndcr r�nin bccom�s nvnllnblo nnd is obtalncd.Dorro�ecr shnll pny
<br /> -tlbpmniunurcqu�red_to mnlNnln motlgngo InsurnncD In ofRcL ot in provlda a loss rasorvo,nNli ihc rupdremcN for mo0gnge
<br /> Insmm�co ands in�ccanlenco wiih nny wdurn agtcement Uonvccn IIarrowor nnd I.endor or nppllcnbia lnw.
<br /> 9. Tn�poMfnm I.ender m fts ageN may mnka rensonnblo cmdcs u�wn nrcJ Inspcctlons nf�he Propcny. I.cndcr s6nll give
<br /> RormWCt nollcu al tho timo of or pdor to nn inspcalon specitying rcasonzhlo auw for�ho Inspcclinn.
<br /> ' 10rCajikoro�llon, 71w pmcccds ot nny mv�rd or c1elro for d�nugas,dkcs�or cmtixqucntlal, In connreilon wlil�sny
<br /> wndcmnaiton ot other thking of any pan of�ho Propcny,or for convcyaixv;ln Ilcn of condcmnatlon, ora hccehy aulgntd anJ
<br /> sAall Dc pald to t.cnd:r. -
<br /> tn ths evcnt ota tMel nking of tM Pro�ny,tho procatds shall be�ppllcd to the sums stcurcd by tlils Sccurity lnstrunxnt,
<br /> whelher or not then dne, wlth ony cxccss pald ro 13orrower. In�ho evcnt ot a panlnl�aking ot thc Pro�xny In whlch�ho fatr __
<br /> nurkei v�1uD of�ho Propeny Imnwdlntcly bcforo Iho tnklqg Is equnl tn or grcaltr Ihnn tho anwunt of�hc swns sccurcd by ihls
<br /> Secnri�y Tnsuumcnt(mmedlmcly bcforo tho tnklnE,unless ftnrrowcr nnd I.cndcr oihciwlso agrcc In wdting,tho sums sanrcd by _
<br /> Ihle Secudly fnstmmeN shnll bo rcduxd 6y Uio nmonnt of tho procetCs mul�Iplled by tl�o tollowing fr,.ctlon: (a) lhc mtnl —
<br /> nmonnt af t6o snms suured Immcdintcty�eforo tho tnklnp,Jlvlded by(b) tho fnlr markct vatuo of thc Propeny Inmicdlatcly �
<br /> bctaro Il�o iel:ing. Any balana shall bc pald to Rorrowcr. In tho cvrn�of a panlnl iaktng ot ilw Propeny in whlch ihc falr
<br /> nwrktl vnlue of Iho Propeny ImmrAiatcly beforo�ho tnking Is less Ihan�hc amounl of the suns savrod irmr,alla�cly befoR tho
<br /> laking,untus IIorcowcr nnd Lender o�henvlso agrca In wrlting or milas appllwblo law oehcrxiv�provida. �ho promds shall
<br /> be applled to the sums secured by thls Secudty Instmmem whc�6cr or noi�ho sums are then dca __
<br /> If the Property Is abar✓Sor.cd by Bortowcr,or if,nfler nollcc by I.cndcr to Oorroxxr that thu mndenmor offcts to make an
<br /> awazd or setde a cIa[m far dzm�ecs.Frvnm�xr faUs to respond ro Lender within 3D days afrer t�e date tho nalee Is glven, :
<br /> Lendtr is z.VLAriza!to cel[ec12rr3 nyp:y il�p.mtrods.at Its opilon,elther to[uroratlon or repalr of tha P�cperty or to tFa sums °
<br /> sseccurzd 6y rhLs Sxudty]nstnmxr<t,�vhetber er r.o:tEen daz. -
<br /> UnM,-,s/.ecsli:r and ihrmv.rr.�VFSrnise agree i� iviiting, any applicatlon of ptocCects to priir.fp.�l shal! not extrnd or =-
<br /> pavpwz the Ger_dx.e of ihi m.cae9k.��i�mcnts za(emYl to in paregwphs I nnd 2 or cT�uge�Ae amoum of such payments. _
<br /> - 7!.Borrorrar ti,t Rz7znse�!;Forbranmm Ay ienrhx Not a�Valver.Cztensian c-f�'*.x tlma for pa�n�r.i or rzdiftcatlon =�-
<br /> of amortl7ation of ehe s4m�k�SS:tc:?Gy a:�1.s Scccriry Inslrument granted by Lender ro xny sa,;e�x in'um:rest of lbrrower shall "=��
<br /> not operate to rcleue ihe Itab��r:c c�x>:.�cigin,l Borrower or 6orro�ver's saccesso.s in��saesc.l.en;l:r shall not br,rarylred ro =
<br /> commence procuAings pgahut aRy sux.xso:irt intercst or refuse ro ex[end Gmt for p�<<��m�m or o[h.rtvlse modlfy anmrtlzvlon ;;_;:
<br /> of tho sums sccurtd hy this Security 9ne.mmtnt 6y rcron of any dtmand v�dr.++; ehe original Oorrower or Rorcowcr's -
<br /> suceessors In Imeus�. Any fo�bcamr.cc by Lender In exercising any right or ren:eRy shatl r.ot 6e e waiver of or preclude�he -
<br /> CattClw of nny dghl or rcmcAy. _'-
<br /> 12. Suttrssors nnd Asslgus 8ound� Jahtt and Severnl I.In6f111y; Coalgneie. 77�e mve�4�ntx nnA ngrccmems oP ihis --
<br /> Sccurlry 1nslrumcnl shall bind anA bcnefit the succcssors nnd nulgns o!Lendcr ar,d Aorrower, subjec� io �he provlslons of -._.
<br /> paragrap6 17. Aorrower's covenants and ogrtemems shall 6e Julm end sevttul. Any Dovmver who co•s(giu this Securily
<br /> Insltument but does not execule�he Role: (n) Is m•signing thls Security InsWnteN only to nwrtgage, grant and camey that
<br />- OorrowePS InMrcst In the Prnperty undcr iFc tcrnu of�his Security hnlrmnenl:N)is no� persm�ally obllgated to pay Iht su�is =
<br /> securcd by Ihls Security(nslmmenl;nnd(c)ngrecs Ihnt l.ender and eny other Oorrou•er may egru to extend,modi(y,forbcar o� _
<br /> make any nwommodatlons wl�h regnrd m�he lemu of�his Sewrf�y Instmment or Iho Roic without�hr.t Dorrmver's conxm. __
<br /> 13. Losn Charges.If the loan secural by�hls Sauriry Invrument Is subJat to a I�a•whlch uu mazlmum loxn charges, -
<br /> end that law Is Onally INerpm�cd so�hat Ihe Imerat or mher loan charges mllce�ecl nr to be collec�cd Im m�ncctfon wilh�ho -
<br /> loan execed d�e penniued limits,ihen:(n)nny such ban charge shall be reducttl by pre mnmmt r.ecessary to reduw�he dmrgo =
<br /> lo iLc pctnilltal IimiC nnd (b)nny snms nlready rnll�r�cd from Qorron•cr whlch cxcceded pemil�tcd Ilmhs wlll be rcfundttl lo =.
<br /> Dorrower. LenJer may choose io nuke �hls rePond hy teducing U�e pdnclp�l ox�ed unAer the No�e or by making a dlrctl
<br /> payment �o Dorrower. If n refund ruluces princlpal, thc reducilon wlll be treamd ns o panial prcpaymeN wiihoW any �-
<br /> prepaymem chnrge nnder the No�c. _
<br /> 14.fiollces�Any notice ro 6orrowcr provldeJ for in�hfs Sccurity Inswmcnt shall 6c giren by dcll�•edng i�or by malling _
<br /> It by Itrst clus mall unlcss nypllrnble Inw rcquira uso ut nno�hcr mc�hod. Thc notla shall ba dlrcctcd 10�hc Properly Address -
<br /> or nny o�her nddrcss Omrower destgnnles hy nmfee m Lender. Any nmtce lo Lender shall be glven by Om� cl.uc mall to =
<br /> I.cndcr's nddruu s�s�cd hereln or nny o�hcr addtess Lcnder designates by noilm w Onrrow�cr. Any notiw provlAcd for L�Ihls =
<br /> Sccurity Insuumcnt shnll bc deemed lo have been ghen to Uotrou�cr or I.endcr wlien Firen m p�ovideJ in thls pnrngraph. -
<br /> 15.Gm'erning 1.mx; Sc��ernblllly. 'fhis Scenrity Insuumcnt shall 6c govcrr.ed hy fe.ianl Inw and the law of�hc =
<br /> jurisdk�lon in �vhich�he Property is located. In�he eveN d�nt any proefsion or clnu.a nf ihis Security Ins�mmem or�he Note =
<br /> con0ins�vitl�npplica6lc law,such con0ic�shall no�affcc�othcr prm�isions of ihis Sauriiy Insuun:cm ot thc Noic which can bc :_
<br /> glcen efTa��ellltoul lhe tnnflicting pmeision.To this end the prm•isions o(thia Securiry• Inammem nrxl ihe Nme arc declared _
<br /> �o bc sevcrablc.
<br /> 16.6arrox�cr's Copy.�nrro�eer shall hc given anc mnformcJ mpy of thc Nmc and nf ihis Securiry Insuumem. --
<br />-- Fmm ao20 BIOO -
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