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<br /> p�ymtM�may no lorr�stln rcqulrcd,u tNe op�lon of l.cndor,if monBaBc insurana m�enge(In tLo nnio:mt nnd for�hc pcdal =='.-_`=___—
<br />� th�t tcrder ru�ulres)Qrovldal by�n insuror approved by I.cndcr ogaln i>oronxs av�ilable and Is ob�alncd, IIorro�vcr shall pay Q?��""f°=
<br /> Y�� the prctniums rtt�uirod ro m�InWn mong�go Insutanco in eftaY,ano provida o Ioss rucrcr,until thc nq�iremem(ar motc6aSo 1�<kf_?�:-�=�---
<br /> Insurenco onAs in accord�ncc�d.h an wdtttn a rctment bGwecn Qorrowcr nnd LenAcr or a ticabtc I�w. • -���;'r"��=°'°i�,_._
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<br /> ��} 9.lnspaUlon, I.ender or i�e agenl m�y mpke rtasoneDlo emdu ntan nnd inspectlons of the Ptopctly. Lcndcr shall give' � --�. ;
<br />_��° ,�(� 9orrowcr no�ico nt iho timo of or pdor to an ins{knion spoelfying rG�sowbic cnusc fur�hc Inspcc�lon. �` 'Y';e°�i-'�
<br />� 10�CondemtuHlon� Ttw proaals of any eward or cluim tor dmm�ges,dircct or mnsequcmiat,im m�na�fon with any ���'t"a,�t;�'1.;:,-
<br /> --�� wndemnmlon or o�hcr�aking of any pan of the Propeay,or for wmcyance in Ileu of mndcmna�lon,arc hcrc6y assigncd ard F`'- ��'2-
<br /> sh�ll be pald to l.tnder.
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<br /> Jn�Im eveN oin total taking o(tho Propeny.�he prottais shill lx npplicd to�he sums secund by this Sccud�y IDstnmunt, ����?�(it�����.
<br />. .___�� whaher or nol then duc,with a�y ezcess paid to Dorcoµ�er. i��he evcm of a paniai laking of tho Pr.�perty In which the Gir �;�1��-?._-.
<br /> ;j� nurktt ralue of thc Pro�rty imrocdiatcty bePoro�he ulcing is cqaal to or grcatcr th�n�hc anaunt of tbe sums sceurcd by thts r.,� *x„ >-
<br /> - 1 S�xwiry tasumc�:at immediatcly betore the�aking,unicss Oorcouxr and Lcnder oi6envise agrx fn writing,thc sums sccurcd by , j�-`,;
<br /> �7 tlJs Scxurity instmar.r.t s6,itl h reduced by ihe nmoun�of ihe proeceds mulUplied by�Iw follawing fracUon: (a)tFx toeaf ic t ':,'�
<br /> ''�: unount of the sumt s�cvred iv�nrdfalely befom�he Ukiug,divtdcd by(D)tb� tair mnrk<t vatue of the Pro�ny irrmxdiaxety Y� f --�
<br /> ;�* Ixtorc the ta4in3• Any batamx stw1F be Qa'.d to[forcowec Im the evem ot a Qanial tnking of�he Propeny in vrhich etr fatr S�f#��ty �
<br /> y_ y. mukU vsive o[the Prcpeny immadiuely betoro the ta&ittg is tess dcxn�he anxvant of the wms uared immediuety befon:i3r 3��t, �� � _
<br /> a- ttking,unlzss Borrower and Leoder othenvix agree in writinQ orunlcss appliwble Iaw aherwiu provides,the pmcceds steaAt ���rnr--�: -
<br /> "� Co appli W to tlw sums securcd Dy this Saurity Insuu�xnt�rh:;ttwr or not�he sunu arc then due. �a����r�� '
<br /> e,� If the Properiy is aba�Woned by Bortower,or if,aRer notice by Lcnder to Dorrower that thc mndemr.or offcrs ro make an ��� � {��'�
<br /> t � award or unle a ciaim for dvraga,Horrowcr (ails to rsspond�o t.cnder wilhin 30 drys aller[hr_date tM nu:ice is givcn, � -�„�,.
<br /> ,��i�� I,tnder Is auehoriztd to rollxt rmd appiy thc procceds,at i�s op�tion,eitRer lo restoa�ion or rcpnir of the Property or ro�hc sunu � � -p--
<br /> , °�w s�cured by tT.is Se<uriq[nstrum:nt, whether or not Ihen dce, t�� �r t:'_:
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<br />-'ce;ca:d Unleu Lender arA �Ssrrower othrnrise agree in uriting,z�y� application of praceeds to pdncipal shall no� exteM4 ar .;:{�j,,_`;r;1.-.._
<br /> - `�' postpone�he due d'f�e oFt4c manthly paymenis re[erta[ti in}�ngraphs I and 2 or change tlte amouni of such paynxnts. � ,;�� :,�,,,:_
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<br /> twi 11.�t�rrower No!7'islarsd;ForM�arance By A,ender Not�Watetr.Cztrnslon of ihe time for p�ymeca�r modificatiou ��t,� - r'•-
<br /> �"*? of enwnin.x,(oa of thc wms scarcd by this Security Insuur.�ent gra;�a3 by Lcndcr to any suacssor in fn:cru�of Etmrower slmll �, }`.,�,�'?-:
<br /> -�%�,;;?� nol oper�te to celcase�he IlaLlliry ot�he ai�inal Borcower or 3-`-am�Fer's suaeswn in interest.Lendcr shall no�be rcquired ro ,,.,,� ,;K�r.;.
<br /> r �I?' comnxnw proccedings against any sucassor in inmrest or rcfuu�o ez[end tlme for payment or o�henvise matify emoniretion i F ti��Y"x:�:
<br /> �{s��l� of�he sums seaircd by this Securily InstrunxN by reazon of itiy denwM m�de by the original fiorto�rcr or Oortower's r<� r __
<br /> 5'�.: wocessore in intcrcst. Any fo�6earance by I.cnder in cxcrcising ary right or remedy shall not bc a waiver oF or pnxludc Ihe , a1,{S ��
<br /> .+.� excrcisc of^.nS dRht of rcmedY. :n:`.z-
<br /> ` �• • 12. Sxo.:swre �nd Asci6ns Bo�mG;Iofnt and &rerai Uu3542p;Co-signas. 7LC corcKUm�s end egmements oi ihis v „�r �
<br /> ��as� Security Ins�.cumecl shill bind and ber,ef<c the suaessors and assigns of Lender end Dorzow�cr,sv4ject to t6e provisioas uf ,�l ��� ` :�
<br /> q� paragraph IT. i}onower's covmanu and agreenxnts shall bc joint and sevcrai. Any Oorrc9nrc w}�co•signs Ihis Securi.y ��'���h- . �
<br /> S�ij ' Ins�rument�u t Cces nct eno:aie tlie Note: (a) Is co-si gair.g thit Secud�y Insttumen:only to mo:�gnge,gran.:A mnvey�hsf ,�k s�,�t�'°'._
<br /> Dorcower's In•r:res�in t`�Property undcr�hc lemvc of vhis Sccurity Insuurnem: @)is no�peas.��ally obltga:e3 to ray�hu sumc �, p� ,' _:
<br /> �-'i}� secunA by ii�is Sz.uriq Irssw�nt;and(c)agrees that I.ender a+d any other I3orrower may agac so txtcnd, rcodify,forUer.r w. ,144�'r�� '; .
<br /> ����� � nuko eny eceommodatbas witA regard tu�he temu of this Security Insuunxnt or thc Note wi�hout Iha�llurtou�er's mnxm. tr r� �,,; °-
<br />.,_��9r. 13.[.oan Charges.➢f tbe loan secured by�his Secc�ity Ins�mmeN is subjea w a law which sets n�anluaun foan charges, �(�;�F''-'4.c;
<br />;,��;�;r',�t and�hat law is finally ir,tcrorncd so iha�the iniere.0 or o:her IoLi charges colla�ed or io be collceted in cuan«tion with the �r�v;,?��y'�'S�`e�„�.
<br /> '�`yti loan exaed�tt prmii::ed lin•�iu,then: (a)any such 4saacAarge:M1al1 be reduced by the amount necesnry•�a ccJuce ihe chuge ,��- �i��' •. ,.
<br /> i,� lo Ihc pcnnz�:l hmit;and (b)any sums�Ircady mllee/ed Gom&vrowcr which ucceded pertnitttd limlts will be rc(unUc:!to �}�i1h�f+��S;ri�..�
<br /> �;?cr Borrower. Lender rtuy choux m mr.Ke �his rcfund by rcducir.g ik+_ principal owed under ¢he Nme or by makiug o direct ������r.c�'��;-.,
<br /> ";;�;� paynMnt b Oottowec If a tefund redums rinci al. �he reduaion will be treated as a «ial r a rrsnf without nn� �� '`°�-"�`''��•`
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<br /> n� prepaymem chargc under thc Note. �'� ��4`� r-� ..
<br /> 14.Nolltts.Any noticc to 13ottowcr provided far in this Security Instmment shall be given bp Celivecing et or by mailfng ��j+�f ,�p -
<br /> `'4�� it by first dass mail unlas app:icable law requtrcs ux of mother nx:thod.The no�iee sha�l bt di<ected to the Fropeny Addrcss t ;' �-.�-
<br /> ?,}�� or any other addmss Oorrowtr desfgnates by notice to Lender.Any notice to Lender shall be given by fim class mail m } -.�'
<br /> ;?;?l Lender's addras statod herein or any other address LeMer designates by notice�0 6orrower. Any naice provided for in�his » -- -
<br /> _'aS'.'.fi Sccurity InsWntcr.t shall be dcemed ro have bcen giren to Uorrou�cr or Lender when given as provided in�his paragraph. i- i �,'��:
<br /> �++t: IS. Goveming Law; Sererabllily. This Securi�y Instrumem sM1all be govemed by &deral law and �he Iaw of�he � �r ��.
<br /> "J��``'{ ndsdicix.a:in ahich the Pro n is lazted. in�he ever.t�hat aa tovision or clause of this Secum Insuunxnt or�he Note �__..:�- -"'
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<br /> r �P;]' rnn0icis v i:i:�pplicab!c law,sach cmttir.shail nm a(fai otlier pr.rv..+um uf this Stiu�i�y loo-[n.nxnl ot thc Notc wfiicli caa ys pp " �'-' ,"`
<br /> y y'��;i 6iven effui�vi�hout �F.e con0iaing Fm�i:ion.To�his end Uic provi,ions of this Seturity lnsca.men�and the No�e are declared r<i� y��..'
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<br /> � �_� 16.8orro�rer's Copy. Oorro��er shall be gi��en one mnfomud copy of�hc�cte a�d of ti.is SCCUri1y Insltument. ...
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