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<br />•' �,�:,�:�;�����V payments may ao longer 6e required.at the option of Lender.if martg�e insumncc coven��in�� for thc{�saiGd
<br /> ;.'.,�`.= that i ertder requiresl Provided by an ia5umr approvo8 by Lenster•�quin hccamcs avaitubie a�d is;�►tained.BorroRer shatl pay °
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<br />: ' thep�emiums requisod w m�+�M;n mongage lnsuruim in effoct..�m to�provIda a lass reserve,unai3 ttex requirea�nt for man�e :
<br />;:°i� '.` ` iasur.tnce ends in s000rdanoe uith any�vrinen agreement bet���ncFIQ![[ItVCt'ilRd GC11dCf tD!II(I�tDf2�l�jC IBW. '
<br /> '" ` `�� 9.Insg�lo�.Lertder or iu ageM tmy make rea�ana6tt�cntrios upon and inspections oF thc Prnpecty.L.eader sfiiall give
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<br />-_- `�:-,: Borrawer a+uice at the time of or prior to an inspec[iaa sp�ci�ying reasonable cause for the ins�tit�n. -- `
<br /> : 10. Coa�eanoadoa.'Fhe prooeeds af any ap•atd or cit►ifi far damages, di�or cons�wt.n�tial.�n con�tection Nith.any
<br /> �' � ��``�.`:'" condemssation or other taking of any part of tke Properiy.ut fbr rnnveyan�e in lieu of condemnataon,are kemby assqgned and
<br /> .4. .. ` skalt be paid eo irnder.
<br /> �4 �``�`' In tt�e eve�of a total talting of the Pro�rty.the pmcz�ds sltall:6e applied to the sums sxeucd by this Sewrity in�+�.
<br /> ::3�.r� ':'. - whether or not taen due,with any�oess paid ta Bo�nr�an In th@ evcnt of a partiat taking o!t�Pro�rty in wt�ieh the futr
<br /> - marlc�vatue of the Pcoperty immedisrety before th�tut:tng is.equal to at greater td:ut the am�ar�t of the suinc�by tdis
<br /> ,.'(:'a,',t. . SOWn[yt IDSLND12IIt Imm �a Pty before the taking..unla+s,Burrower and Ixnder otherwise agre�9n�iiting.the swns�by
<br /> � this Secutity Insnvmeat shall be re�oed by tha:s�rnnuttl:of the prnoeeds mutriplied by the folEati��ng frattion_ (a) tfie total
<br />- " amnunt of the sums secu�ed i,,,med��rP�y befara th�•wt�ing;.divided by(b)the f�it masicet vatue of thE P�vperty i�am9diatelY .
<br /> . before the talong. A�r batance shaU be paid to 8t►trowmr. In the event of a paniat talring of ths Pjvperty in wh6ch the fair `.
<br /> ,. '� � ��: marlcet valae of tke Property imme8iately befosa tUa+tul:ir�g is tbss than the amaunt of tke suws sc�sed immediately before the
<br /> . taking.wiless Bormwee aud Ieader otHenvise agr�e in�wziNng ur iuiless applicable law othen�s pmvides,the pr+ooercis shall _
<br /> . . ,he'applied co the snms se�red by N�is Sewrity Iust�ument�whether or not the sums are then due. ., ,.
<br /> ,•`< ` ':?� If tiie Property is abandoned by Borrov�r.,un ift,atter aotiae by I.endes to Bom�wer that tM aa�emaor off�s to make aa '
<br /> �-; ��:. `
<br /> ''i`r'.��`�`�'�`�,?' �;,i�� award or settle a daim for damages,BormK�en fait3 to�t�ond to L,ender within 30 days aftu tt�date the notice is givea,
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<br />..�}'^;:�.�!'.�-��,. - :� Lender is authorize�to collect and agpty the pma�eclt�.at�its optian.either w mtotatiou or rep�aiT of the Praperty or to the sums
<br /> :t,;"•��`"� _ securo�Ery this Security Inm�t.w6ether rn�aaltt3ieu due.
<br /> `' Unless�.endes r�nd Borrower otherwise�in:writtng, any apQlIcation of procceds to prirzcipal snall not eatend or
<br />- '; �;�'`_�....a;.`� . postpone the dae daa�of the mont[ilY PaY�ents c�efosreduo,in.pa�agruphs I aad 2 or change the amaa�nt of such payaseats. .
<br /> " ' 21.Bormwe�Not Rdeased;Forbearanoe�y.s�Lptdd+Na3 a�sicc-�Factension of the timt for paym�ent or modificanion
<br />- of amarti7ation of the s�ms secured by;this Seaujiy.l�Tntttument granted hy d.eader to any suocesso�i in interat of Bomnwer shall
<br /> �.� .... . noi aperate to ielease the IiabiGty of the a�iginatlH�trower or.Hnrrower s sucaesso�s in interes�Lender shal!aot!s�t�equired W
<br /> ��.' . comm�ce prao��s against siry saocessor�in�irte��ar,rafuse to extend tnne for payma►t o�o�.i�..�se�odiFy amurti7ation
<br /> • �`�`�.,:.;.� •'�,;';•; of the sums sears��s Ec� this Secarity tnstramami by,�so�s�n,of aay dema�ad made by the origja�l Borrower or Borroaee's -
<br /> (; ' r ; `# sacces�ors in inter�st. ,Any forbearanoe by Lend�m ii►�an�eaoising amr +ight�r remedy shaU cws be a v�anver of or pnciade the
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<br /> ��k.�.,:, . � eaec�i�e.of any rigM or re�edg.. . •
<br />_ -`'`��`')�th%',. . . : lIZ:�Sueressors su��..�Snnu�dod�tt�s�udi l��►eta1�Unbillty, C�s3�ue�s..'�'fie oarcmnss�and ag�ts of this ,�
<br /> :Jf�*,;;...:. .....:.. -,.;,
<br /> �.�f�:��:'; � . �, Securii��rume�a�ail biad aad beaefit the suoaass�nrs�andiassigns of Lendes and &s�rov�rer. suhjert[o the pYavisions of
<br />- . � . : paragraph i'1. $ax�w�'s covenants and agreements sha11�Ua��oint�and seveial. My BorraR�r n3zo co-signs ttris Ser�rity =
<br /> . . � ' Insuumept�but daes r„at exec�ne the Note: (a)is oo-siguiiig•tdis Seaurity Insttnment only t�mortgage,grant a�l aanvey that .
<br /> ' ' �� - Bomnwer's interest in the Property under the terms of this,Sewirity:Insttument;(b}is not personafly obligated w�ag the sums
<br /> . .. . . � secured t�y ttds Sercarf�±Insavcment:and(c)agtees that Lendan and�any athor Borrotver may agree to extend.m�ify.foibear or
<br />-_ �.�'•� . make any acoom.�.ir3.�4fens wittx regard to the tetms of ttds Securiry,�Inst�um�nt�or thc�c�withoui that Borrower's cansent.
<br /> _ �. . !3.Loau�.If the toan secured by this Security Inswmem�ie subject to a taw whicb s�ts maximum toan charges. . '
<br /> . . and that.law is�ati�:4atetps�eted so tvat th�interest or other loan char�e,�eallrcied ar to 6e cof�o�d.in conssection witb the ��_
<br /> „t .�' loan exceed the perausted tnats,then:(a)ars}r sach loan charge sha71 be reduced by zTs�"aruaunt n�o�ssary w reduce the chazge
<br /> �krl a,. ' .; . to the��raitted limit:and(�}�tu�sums atteady�Uected fiopn$orrower wh�ch exe�.,°�t'r'�#.{aermittod limits will be mfunded to � :
<br /> , ; Borresu-er. L�ender m�Y choase ua make this refund by mduang the principal oezxir w�r the Noic or by msking a direct �"�.�
<br /> . . ., . Fayment to Bcirra��a. If a� refund reduaes prineipal. the r�duction will.be,[reate+���as a parteal pr�pay�:ent withouc any °F='-
<br /> . �_ -
<br /> . ,�.�,� . Prepayment char��w�"der the Note. . .
<br /> • . ;L�Hs i�Iotises:f4ny norice to Borrower providad for in this Security►r�ent s5atd be given by deliverirng it or by mailing
<br /> ' ' it by Cur�+class mail unless appticable law requires use of another meWod.�1ie cotice��!be dir,ected w�tiee Praperty Address '
<br /> �• • or a�:Y r�ther addm,�s Bormwer designates by notico to Lender. Any a�io Lendes sha1�be given bg first cL�s mail to ���;'
<br /> .., �.entTc�s's address��.sttad herein or eny other address Lender designates b�ac�to Borrower. ALy.�eo�provided for in th3s • .
<br /> - • � :�•"` Securiry Instrume�s[:e��all be deemed to have baen given to Borrower or Le��when given as psozidmd is�this paragraph.
<br /> . �::;�i, . ,
<br /> : , ]5.Governing I.aw; Seve�abl}Ity. 7Y1is Security Instrument sha� �e ga��r�,.�by foderai'tzw and the law of the
<br /> '�� � i � ,jarisdiction in which the Pro�e�Cy%�.located. In the event that any pmvision or cla�:e ct c�ia Sacurity insnument or the Note T�>°:'
<br /> •�_=�'"+;;;` � cosfli�ts with appltcable law.suc�canfl4et shall not affect ather provisions of this Sec�n�Instr�ent or the Note whicb caa be � "`=.1.
<br />- ' given effect witho�t ttie conflicting provision.To this end t�e provisions af tuis Secvrity Instrument a,cd the Note are declared ���`.�
<br /> to 6e severable.
<br />-"` ' � ; '16.Borrmvc�'�Copy.Boaower shall be given one oonformed wpy�+t t�i►e Note and of this Sewriiy Instrument. '•t,��'
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