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<br /> paymcma mny no longcr be npuind,at�hc opilnn of l.cndcr,if mnngago insur.mce mvcngc On ihc.mnum anA fnr�ho pcdal
<br /> thnt l.endcr r.�ulrcs)providcct by nn insurer approvcd hy I.cndcr ngain I�cc»mes a�ailablc and Is nbtainN. Ilormw.r shall pay
<br />� -"-- �ho premlums rcquirtyt to n�alntain nwngaFC Insur�nce in effce6 or�n prnvido n Inxs rucrvc,umil ihe requirenxm tor mor�gago
<br />-----T insurence ends in attnrdana:wi�h any wriuen agmment bttw�ecn Rnrm��•er nnd l.enderor npplicabte law. —'
<br /> ="=� 9, Ins{xtqnn� Lender or iu agent nuy makc reasonable cmdes upmi ond inspeciinns of iCe Prnpeny. lander shall glve
<br /> •`;v��a 6orrox•er noticc a��hc Umc of orprior�o an insp�alon spxifyfng ra�sona6lc caux for ihc fnsp��ciion.
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<br /> '.��it�.: � 10.Condcnumilnn. "Il�e prosads of any srcard or clalm for damages,dirce�or¢onseqneml�l, im m�nec�lon wl�h any =.-
<br /> -1`�:z�r,
<br />;-�F�S wndemna�inn nr mhcr taking ofany pan of�he Propeny,or fnr mnrcyance in liw of mndemnation,nrc heroby:uslgnM.nd
<br /> + ���,t�I� shall bc paid�o Lcndcr. .-
<br /> P_.�f In�hc crcm of a mul tak(ng of U�c Propcny.�hc pmcccds shall lx applicd to�hc sunu sccurcd 6y Wis Seniri�y insimmrn4
<br />..,�;� �ehe�her or no� then due, wi�h any excess paid to Dortn�rer. In ihe c�•cm nf a partial Iaking of�he Property in wldch tho falr _
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<br />"f.';.'±:r markei value of�6e Property f�umcdiatcly befonrt�hc taking is equal �o nr gmater Ih�n the emnunt of�he sums securul by�hls
<br /> �ti�",;�� Sccuri�y Inxwmcnt immedfaicly befare the�aking,untess Borrowcr nnd I.endcr mhcnvise agrte in nriting,the sums sec�uzd by
<br /> er - 3� this Sewrity Inutunxnt stwll be reduad by the amount of etu proceeds muliiplinf 6y Uie follmving fraction: (a) tF.e tota!
<br />,_.,_f..,f� amouni nf the sums xrurcd immcdintcly beCorc�ha ta5ing,Sividcd by lb) ihe fair markei value of thc Pzopcny immediatety
<br /> 't�(6i. beforc�he taking. Any batance shall be ptid to[forrower. in the evem nf a pantal iaking of the Propetty in which tl:e fiit
<br /> -iF inarke�valee af the Pmperty immeAiately bcforc ihe ta9ing is kYS than�ho amnum of�he sums secund iemncdiately Imfom tha
<br /> _,t�.:;. �aking.unicss Horm�c.r arel Lender almnrise agrce in e�riting or u�tess applicable law olherwix provides.the proceols shall
<br /> ` � "�v bc a Iicd to tUc smtu murad 6 Ilds S:YUrit InsWmcm�vhcth:r or nm�hc sums are ihen duc.
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<br />�`'lryt;-'�L1:.�T� If the P��rny is aAurJnned hy£om•..er,ur if, :{per no�ice hy Lender�o Uurro�ser�hat the mndcmr.or otfers to�mts sn .
<br /> ::'"�$S Y award ar settle a claim tbr��images, Bunacrer Gilr to rtspond m Lender wi�hin 30 days aRer the data efie aotice Is gicen,
<br /> "� �`�'+���'-�, Lcnder is authorized io mlf�r�end apply�he pra�ecd<,x�ca np�inn,ciiher to restnr��ian or rcpair of the Arop.ny or to Ihe swns
<br /> :'a�����t,� sceurtd by t6is Stturi�y 6uwmcm,�vhelF.er or noi ihCro due.
<br />'"n;:,�i;1{ Unlccc [,ez+ar and I3orto��cr mhernise agrre in wriiing, any applica�ion af procecds to prinefpxl shall not ezlead or
<br /> -`�'?'��`-` pos�pone�he dce date of the momhly pa.n:rnis rcfeRed to in paragrnpto I nnd 2 ur change�he amount of such payments.
<br /> -��"'�� Il.Rorroxer\nt Rrlraud;Forbraranm 6y Lendcr hot a Wah�er.Exunsion of the�imc for paymem ar modi�rn�ion
<br />�'`��<'titi- ofamoniralion of�he sura.s,.cund Uy�his Sewriq Insuanenl gnnted by Lerv]cr lo any suceessor fn intercsl of Dorrowershall
<br />:,_'4j'yt,ty`s':
<br /> v.y; r;a,ry no�opera�e�o rrlrase�6e IiaFili�y nf 9hc original[brrm��er or Oorrower's sutteswrs in interest. I.ender shall not be rcquttM to
<br /> ;-:,af t(j�,�i mmmence pmcedings agnias�eny ni¢ve.<nr in imeres�or refuse to extmd�ime(nr payment nr othenviu modify nmofeie�f:lon
<br />�"i'��N?iY:f.
<br /> EI of�he sums ucured by �l�is Sm�ria� C2mimer.t by rcason of any demand maJe by �he iw-igieul Dorro�rer or IIorronnr's
<br />- -�f;;-;th{'i' suceessors in interest. An}� fnrb�amner by Lender in ectrcising any right or remedy shall nut ix n�vaivec uf w preclude the
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<br /> . 5•�r:y„ exercise of any right or remedy.
<br />+.<�;'-C:'s.�t: 12. Sncnsmrx nnd Axslenc Rr,vndp Jolnl nnd Sercrnl Llahilit�: Caalgncrs. Thc cnvenants m:d a,�eenxnl5 ot tF.ls . ...
<br /> �.:;�`��st:y+�; Securi�y huca�mrnt shall bind aad henefi� the weccxsars and cu��igns nf Lender and 6nrro�cer, subject ro ihe pmvi::a,�::�i'
<br /> `r;��=`y;'.'z Paragnph l7. kkvrm��er's co�•enams nnd agreemenix shall be joinc .�mi seccral. Any Qorrou•.r who co•signs thls &.u�it}.
<br />'S;^";,';;t, Insumnent hut das not execme�he ho�r:(a) is m-signing �6is Secariry Inx�rtimam only m mongage, gram nnd mnvey�hxt ,
<br /> -` �-1 6orroa�er's imerest in�tr Pab^.ny undrr the tcrnu n(this Saurity In�trumenC rb�is nut personaily obliga�rd�o pay�h�sums �
<br /> '•4��f,;��;� securcd 6y ihis Saarity h��trmner.t; nnd�.�agnrs tha� f.enJer nnd,np ud�e�6nmratr may ngrce lo exlend,nx�dify,forbear or Q�'_-
<br /> C�,-�,� makc uny accommala�ionx�cilh«g:vd m�hc lrms af�6is Sccurily In�immcnl ur Ihc Nmc�vi�fio:n tha�Oorrtm�cr's consem.
<br /> �,{!}yf��'� 13.I.aau Chnrges. 1(�hc loan Fc.ared M•ihis Sccurity Ins�mnxm is wbjcc� m a law uhich uts mazimum laan chugcs,
<br /> °;�j;i:�,�'y ar�1 �hat law is finally interpreted xo ihm ihe inir�at nr o1he�Inan chargCa to112.i�`J n�In b2 colltcleJ in eonnretion wi�h�he -
<br /> .;;,}_,:+- h�an exeecd�he perniiueJ liiuil..ihen: (�0 m�) xuth l��.m tharge shall bt rtducrd b} the ainnunt i�.cesv�p'io teducC IhC tha�gC E..__
<br />- i..:�i� m the pemitl�ed limil:and�hl.ny sunu a1re:�Jy�vllecicd Gnin liorro�rer u�hich r�:r.drd pennivaA limi�t��ill h relunJed�o s_
<br /> .- r�,Y}�t 6orrax•ee Ler.Aer nuiy :b��se tn makr ihis refw�d by reJucin� �h. princip:J m�rd mxler �Ac Nmt nr hy making ;� J�r.ct
<br /> >, V:n�l�.i paymem �o flurroxer. If n tclm:d redi�e. principal. �hc nduninn nill bc uca�eJ :u n pa.a�al prcpayment withnut cmg i�?-��
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<br /> - � prcpaymcm chnrgc uudtr�hr t�mr.
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<br />}_'�;Y'���: 14.Koilces.Any r.oii:r In Ilorro���.�prorid�J fnr in thi.Securiry•6i.lrument shall hc giren b)�dclirering il or hy m:iling ,
<br /> �,:i?::: il by firsl cl�Yx mail unle,x applicahle law�nquircs u+e of annlher me16�x1. The nolice.hall bt Jinei�d In Ihe ProP.ny AdJrrca
<br /> �, �- � ri of uny uihtr address Oorro�nr dcsign:rcac by nmi.c In I.cnder. Any nnlic. lo I..nJcr Q�.dl M1.giccn by finl dasx mail �o -
<br /> - tT.it�' Lcndcr's adArecs slattd hercin or am nchrr adJrti� Lcr.Jcr Jc�ign:uc.hy no�ir.l0 6orroacr. .\n� nolicc proridcd fnr m Ihis ����
<br />'��a'�%K'�3.` Snurit Instmment shsli lic JecnuJ tu h.n.Ucen nuuo�ortnwer��r IAndenchen ���u�ae miJed in ihix ira ra h. •
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<br />:.�,:,_ ...i I5.Corernhig la��r: Serernbll7q�. Thi. Securi�y In.vumcm ,6all Ix �;o��.rnid hy kdcral I:nc and �he law cd�hc _
<br /> �jr�i1�; Jurisdiclimi in which Ihe Pmpeiq�ic I�kaled. In Ihr e.rnl Ih�l any prori.ian�v d:m.c oi ihi.Serurity 6ulrum.m ar Ihc Kntc ;�.
<br /> . . " eon0ic�s a�ith applicablc Imc,sud�ton0ia�h:dl not a�l.n othcr pra�i.inn+al tln.tic.uritr In>trtmicm ar�hc Nmc u�hich r:r.be �'�'�
<br /> `��+S�r�=� given cffttl n�ilhnul Ihc cun0icting pro�isinn. 1'n ihis rnJ thc praci.inin nf�hi+Scaurii� In.v¢mrnl and Ihc tio4 arc Jcderrd f�;.
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