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<br /> � � # O�Y�►m may ao tonger be�equhed.at the o�n of Le,ndra.if moitgage insuc�oe covaage u�tha amount��ar '��: � ,. � � .
<br /> � "� • that l�cader rcqui�v)Viovided A3►an lasue+er appiov�by L�dei again hecome4 availamie�ad is ab�ed Bormwer s6a11 pay the . . '��` � � .
<br /> I ;� prem.ums�equued w rnammin martgage ins�usuce m efPect,ar tn piovide a toss ce.save. �mW t6e requiremeat far mortgage . , � �°..
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<br /> . .. . :,�` �sur�e cnds ia s�sxarda�tce witb any wriuen egreeme�t betweea Boirower aad Ix�der or a�licahle law. ' ;: , •° .
<br /> �`" �; 9.InsYt�t[o�. LCnQ�or iTS sg�tt may mahe �easonab2e eutrie,9 ugot+mtd iaspections of We Ftoperty.L�d�shaU gin►e - �j
<br /> {�� i Barmwer notioe a3 the time of or ptiar to an ias�aqian sgeafying reasonabls�for tize inspeclioa. , • �
<br /> F � 10 Co�dem�a�na. 't�e pmoeeds of eny aarard ai c.laua for damages.di�ect nr wnseqaenaal.in caannaction witb any �
<br /> ' condesnuati�n or offi�taldng af any pa�t of the Aropeaty,or far canveyanc�in lieu of condea�uation,are hereby ass�gned and �: �� ��� .
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<br /> - - - ' sT�be�toT�nd;er ;;�'` ' �. ` S `
<br /> � :'i. Ia the evwt of a tntallak�tg of the Piaperty,the praceeds saail6e applied o�t6e sums sec�ed by thia Secapr�Y Inslnunen� F .
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<br /> . ,�:� whether or aot then due,witb any escess paid ta Baaowea.In the eveatof a paar.'al taluug of 8ie A�opeaty in which the fau mm�et . . ' :'";r,.<_'_,
<br /> �:c valve of the P�ogerty immadiately heforE tLe fakmg is eqaal m ar greater than tke stnount of the sums sew�ed hy t6is Secwity `v��;,s:�
<br /> . ,,: .
<br /> . ��5 In�ameut irnmediateh► bef�e the�ag.�e�Borrower and L�der oflterwise ag�ee m arItrng.the smns seca�ed by t�s . ,
<br /> � ' -• . .`•..� Secaiity Insuam�t shall be tednoed by the amo�t of the pmoeeds mWti�p�ed by the foIIowing fras�i�:(a)the wral amos�nr.of =: - il�°_
<br /> ras�t
<br /> the sauns sscemd e�^r�r�y 6efore the taiaug.divided by(b)the�mar�et velae af the pcopercy im�nediately befoie the � �•
<br /> " �� tagmg.A�ba�ans�sfi���iti w B�ower.in the ev�t of a partial�g of the Fmperty in wII�ich t�e fair mffikct valne of the _ >,,, :,--
<br /> • - Acopetty imaiediai�ty�fcre tae�tCiag is tess than the amom�t of the sums s�immediaLely befaie the ta�inS,untess � " "C.,•
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<br /> <<, - Bor�w�and Lenda othe�wise agsee in wruing or�mlcss appLrabie law oth�wis�e ycavides.tbe piaoeeds shall be app�to the ,ym =
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<br /> � 4 .� `'�, sams secumd by this Secacity Insuume�t wRethe�or not the sums aie tha►due. :�°. .�"': r�
<br /> -.-- ----- ff the P1�mpei[y ia abaadoned by Bosrowa.ar if,afta notioe by LenQer to Bmrower thai tIle aoad�tuam o�'as to make an ���.�<=`,s...;`•„°-=
<br /> � r•'_ award or seute a c,laim far damages.Bmrower faits to respaad to Leada�vethin 30 days after the date the notice is given.I.�der , '` . ..;��.:;
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<br /> is amth��ed to oo]lect and apply the gsoceeds.ai its aption,eatha to resroralion os�pau af tIIe Pt�upes�y ar oo the sams seau+ed .� �'�=_
<br /> ,�' , by ttris�e�tuity Instramea�a+hetha ar�ot the�dna � ' t� `���-
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<br />- ... _ Qnlesg Leuder and Boccowa otheswiss agoee ia a�ritin&�Y aBP������F��s�all not extend or postpone - -- - � �7 �.1�
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<br /> =::4;? . the dae date of the montbtY PaYmeuts referr�to in gamgr�pbs 1 and 2 or change t4�ama�t of sucl�yaymeat4. „,;;,.,
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<br /> . . �.. ' 1L Ban�mser Piot L�cica�ed;For6earanoe Sy Lendes Kot a Waiver. Fa�teasion of the tia�for paymant or madiSc�adnn .' ..� �. � =
<br /> . , of emartvatian of tJie sums seaued by this Seauity Insunm�t granted by l�tder m any saooessar m iuterest af Bamawer shail . ; - _ -�
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<br /> � f aal ogasate to release th��og the orig�oal Bcamwez�Sarrow�'s successo�s ia in2erest.I�ender s4a11 not be requ€ied to „�,; ;__
<br /> ° �' cou►t�ce P�rocee�agai�a�p suocessor in ina�est os��s eRtead time far paymeut ar ati�vise modify am�an of � ,�, , ::-
<br /> , _ , the smws s�aued iu�t�Secnritg.fasnumeat��reamn of any deaaand r.�by tt�e original Boaower ai Barmwer's�oessms � ''� •.�,� `��
<br /> "�}�. ,�, � m mt�st.Any Ccxt:•��by Ixader in ea�g any right or zemedy�not be a waiver of ar pseclade rhe��of auy '��; }�,�k��`
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<br /> r�Y�;;� � ; lt.Saoc�smrs an8�i�md;d�in4 aad Several Il.iability,Co-slgaaa 1he cuvenaut4 and �eemea� of this .. , ;� .. ,�� ,-
<br /> �'�r"tr'- Searriry tasuament shflD bir�c��sdt�efit t�e saccessars and aqsigns of L�der and Bairawer.anb,�ect to ihe gmvi�af �"'-� -``
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<br /> ��' ' p�h 17. B�rrsswer's coveaaA�aAd q,s.*s+�nents shaU be Joint and s+everaL Any Brnmwer who oo�sigas tLis Secuciry �.,,
<br /> ��'�' Instnunent but d�c.�t acecnte the Not�(z���is a4-sigumg tfis Seauity�-�m�t onty m mortgege,�nt and convey that � ���' ���
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<br /> �ry, •. ': Bozrawer's interest in th.a Py+aperty tmder the t�of this Sec�uy Ins�n�(b)is not peraoually obbgated w pay the soms ., a�rr,���-
<br /> r��v�a� ... secetva b�+tbis Secauiry 1nst�ea�m►d(c)a��at L��d any a�a Bormwer usp�agree w exte�d.madify,foi6ea�r ar �`� __
<br /> s,l���.: .: � make�;��oammodadons wiTh re�uQ w the te�o!this S�':cy i�z cu the Notr without tbat Boirower's cansent , �`� --
<br /> :�f: � :. �II�oan C�g�. If We loan seatred G�`d"�Secc��yr Ins�umcai es su°�je�t tu a law whicb seL4 ma�rlmam toaz�eLarges. _ �.__ --
<br />�:`';" . . ` and t5at Iaw is fi�Lg�intayretcd so rhat d�e ir,�a or othea toan charges a�G'�red or to be coIIe+c�d i�oonnection witb the Wan _ _. - -
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<br /> ,,��r ;.� � eaooed Qie g�,�tirt�its�th�:(a)any sucti G�n charge shaU be reduced Frs�the a�auut n�tm redace tha charge m d�e , � �l
<br /> ` �ic .., 4 . � � p�ed 19mi�and @)any siuns atresdy aollected fmm Sor�wer whIcb eaoeeded�limics w�l be refaMed t�Bo�mwer. _
<br /> ��-,�-�.� _
<br /> .:'��,°�r•:��.: •-.�. � � L�uii�r�ay chooss to make this�efund by redudng the�riacipal owed und� t6e.Nace ar hy matdag s dsect payment to `-•:°���,•-�-�,
<br /> �. � _ � Baorrawer.If a�rt'nnd reduces DriaciDal.the reducsFon w�l be tceated as a Das0�a1 ore�*�ea�t arithoat any p�yme�t c6arge � ---__---_—
<br /> ' . �mdettheNota.
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