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<br />.`�;`"cI`~,,"`', •, . P3YR�t1iS iilay IIO IOAgCi(JC ICQI:IiBA.at th�optian of Lender.if mortgage insurance wverage(in the amaunt and for the period ��F� ..
<br /> ° . ,'.��c�`, that lender requir�s)pmvided by an insurer approved by L.ender again bernTnes available and is obtained.Borrowcr shall pay .
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<br /> " , i:� :',� the pr�emiu�required to maiatain acortgage insumace in e�ct.or to provide a toss reserve,until the requineacent for mortgag�
<br /> , insuranoe ends in acoordanoe with any written agreement betweea Borrower and I.enQer or zppGcable law. ,
<br /> . � ,`�. ,��_;' 9.I�on.Lender or its a�ent may a�e reasanabde endies upon and inrpectio�s of the Property.Lender shaU give _`�� .
<br /> Borrower notice at the time of or prior to an i�ectinn spocifjring reasonabte cause for thr inspectioa. .�''�
<br /> ` 10.Caademnatiom.'Ihe proceeds of arry awsird or staim far dazaages.direa or oanseqneutial. in oonnec�an with any ���t`
<br /> �� .t�: ' rd :���'.
<br /> . oondemnatioa or ather tatci�of any part of the FraRerty,or for conveyance in lieu of w�iiemnation,as�e hereby assigned arsf •, r;�
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<br /> „ -.:_ shall 6e paid to ixnder.
<br /> -,.,, In the event of a toui!taking of the Pmperty.the proceeds shall be applied to the sums sei�ued by this Securiry Instrum�en�
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<br /> �-`- �J�= whether or nat tben due, with a�y exaess paid to Barrovrer. In the event of a partial taking of the Prope�ty in whish tite fair
<br /> " - '� nmrket vaiue of tde Property immediatety before the ta� is equal to or greater than the amouni of the sums s�by this .,
<br /> °..`. . : �,r� Security Inswmeat immediazely hefore the tafdng.anless Boirower and Leeder otherwise agree in writing,the sums sewred by
<br /> � �,,`.�.: this Security Insuumeuc sha11 be reduced by the amoum of the pmoeeds multiplied by the following fiacYion. (a)Qie total ,
<br /> �'..;.�;' � - - amouat of the sums securod immediately before the tatriag,divided by(b)the fair marlcet vatue of the Pcuperty immediatelY
<br /> y �;.�.;:�;.' ,._�;� before the tatrmg. Atry balance shall 6e paid to Borrower. In ttte eveat of a partiaf talting of tbe Prope�ty in wiuch tite fanr
<br /> ��;°';--�''...<.: mar�et value of the PropeRy immediatety before the ta2dng is less tban the amount of the sums secured inunediaiely befine the `�.±-
<br /> <• - ;:_�.�_:;�' takinS,uriless Borrower and Lender otherwise agiee in writing or amtess applicable law othenrise provides.the pmceeds si�all ,:•.rfi�
<br /> f-.—: - � be applied to the sums sewred by this Security�n��!�sM whether or not ti�e sums aze then due. �f���':.
<br /> If the P�uperty is abandoned by Bormwer.or if.afscr nodce by Lender w Bassower tLat the candeinnor offecs to make an
<br /> - ::;,` awatd ot settle a claim for damages, Bamawer fails to�espond to Ixnder wit6in 30 days afuer the date tiie notice is given. .
<br /> Laender is authorized w eoltect and apply the pmoeeds.at its option,either w mstotanon or�e.pair af t6e Property or to the sums
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<br /> �..��`. �red by tius Seauity Iasttumenl.whether or rtot dien due.
<br /> ,�. Untess Ixndet and Borrower otherwise agtet in wciting, tmy appiica6on of procee�s to principal s1t�not exteud or
<br /> .. • ..,�'�� gcr�ume t�e dne date of the month{y payments referred to in paragraphs 1�d 2 or c6auge the amount of sudj�. �' ��
<br /> .��' .. • L1�.i�anroc�er Not Reteased;Forbearance By L�tder Noi a Waiver.F.xtension of the time for payment ar�cnsian
<br /> �.. '�i'.: of amonir�tiaa of the stuns secuned hy this Seauity I�uuntent gianted by Lender to an}r successor in interest of Barrower shall --
<br /> . � ' aut opuate to release t6e liability of the original Bmzawer or Borrower's saccessars in inierest.Lettder shall a�be�quited to
<br /> • �`'• oommaue piaceediugs against anY successor in interest or refiue to extend time for payment or otherwise�odFfy auw�on , ;
<br /> . x_.,
<br /> _: ht,:,:..: of the sams secured by ttns Secwity Iastr�ment by reason af any demand raade by the original Borrower or Bo:mwrs's
<br /> � successors in interest. Any foibearance 6g Lender in exercising aay right or remedy shall not 4�a waiver of or piectade the -
<br /> .. �;:° . exercise of any right or temedy.
<br /> � 12. Saocesors and A�cIgas Bonad: doint au� Severaf LiabDity; Co-siguesa The oovenants acut:�meats of this
<br /> � �a�rity Inst�ument sl�all bind aad benefrt the snoc��s and assigns of Lender and Borrower, subject ra�a��rovisions of � `�
<br /> ' �• • • w who co-.r �his Secvri ,
<br /> �a r e g n p h i i_ B o c r o w e r s o o v e n an t s an d a g�e e m��I l b e j a i.�t a n d s e v e t a l. A n y B o r r o e r � h t y �, "
<br />_ • . ,���'• . � Itf.strument isu.t does not execute the Note: (a) is ^ thi.v Instrumeat o to mort e. ..as�ocase��at
<br /> co-��•S �SS7+ nYY SaS �'
<br /> • .;,' Borrower's Urterest in the Property nnder the terms a�it�s SecurFty rinstrumea�(b)is aoi pasonally obligated ta.�a;��� �"r'�
<br /> � �. secured by this Security Imtiumen�and(c)agrees da�i�.L'rzssder and anyr other Bomswer may agree to exten d,c�a�';+,�c�a�or � -
<br /> —_� � � mak$any accommodations�ith regard to the temts cr�u�Security Insttument or t�r Note witlrout that Bornazeu's coaseut. _
<br /> � �, !3.Loan Cbarges.If tfie loaa se�vs�d by tkis�ty Insttument is subject to a law which sets maaiu�.�n loan charges, � '.
<br /> �E � .
<br /> .�� ,� and that law is finally iIIterpreted so et�z:ti�intere�pr otlzer!oan charges oollected or to be aallected in.coiiuection with the Q
<br /> � � :;. . ;. toan eaceed the permitted limits,then:(ay aay suct��i.��n ctiarge shall be reduced by the amaunt ttecessary m reduce the charge L:-::-`
<br /> ' ,�' " � �'-- � ' to the QgrmItted limit;and�.16)any sums already oa[L�.-r,�from Borrower which eaceeded pemiitted limits��I be refuaded to e._,.,.
<br /> -" L'�� . Bo:rower. Lendet may cin:n�se to make this refund � reducing the principal owed under the Note or�Sy.� cca.king a direct _
<br /> - L`', '�`� _° .�aymetu to Borrower. ff a refund redaces principa7. the re�uction will be treated as a Qartial Pre�ayr�.without any -
<br /> ;* � � P�Y�L�Se i�adea t'he Note. � --
<br /> ��'���;.�'�•'�� 14.:�iU�s.Any avtice to Borrower provided for in tivs Seca�ity Instrument shall be given by deliveri��r aur b�r mar7is�g _._
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<br /> . ��`1:,t�'',,-;, 'it by first ctass mQii unl�ss.apPficable law tequires use of anather mcthod. The aatice shall be directed to the L�i-:.�erty Address -
<br /> � `��• �` or azry other addr.��Ti'ocrr�wer designates by nodce t�Lender. My notice ta L�ender shali be given b� fi�II elass mail to �S-
<br /> ,,I,• ' �� l.ender's addrzss s�e�!1:�.�rein os airy other address�r.�des designatea by notice eo Boaawer.Any notice y�svided for in this � ._�
<br /> - j% � � Secarity Instturttent shall be deemed to have been givea to Boirower or Lender when given as pmvaded in this paragapb. a�--=
<br /> _ , �=�-
<br /> � �' 15.Cove I.eva; 5everabilt This Secari Insuument shail be ovemed b fedeial !aw and the law of the
<br /> � �Y• ty S Y �.-;::_
<br /> � ,�� Jurisdiction in which the P�operty is Iocated.In the event that any provision or clause of this Securiry Instnunent or the Note � �
<br /> ':4� conflicts with apyJicable G7.�.sush conflict shali not.�ffect other provisions of this Security Instrument or the Note which can be °"- �
<br /> •.,1:� �:_-�
<br /> _ . given efYect without the aottflicting provision. To this end tfie provisions of this Securiry Insimment and the Note are declared _
<br /> - '�' � to bo severable. '���
<br /> _' .�. �::.
<br />--- ••• 16.�n�sotiver's Copy.Borrower�lrall be given one confom�ed copy of the Note and of this Security Instrument. ���
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