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<br /> , ` •"'�, %:' r:� paymeats may no longer be requi�d.at the optioa of.Ltader.�f:mastg.�ge insvranoe ooverege(in the amaunt aud far the period
<br /> , r.�„ ` ' : ..�� thnt Lender requices)Pmvided by am insuier appmved�fi�Y:Leader again beoomas available and is o6tained.Borrower shall pny <
<br /> . • the ptemivau required to maintain msrtgtig�insu_•er.�ce in Rffect,or to provide a loss reserve.witil the requimment for atortgage
<br />- "`' insuianoe ends in accor+dattce with ar►y arittsn agy�et�nt 6etween Bonower and Lec�der or appticable law_ :
<br /> � 9.dac�acttoa.Lender or iss ageac may.tcah�masonable enuies upon and inspac�ians of ihe Property.Leader slrall give
<br /> , Borrower aotice at the time of or prIor w an iaspection specifying ceasonable cuue for the inspe�xioa. �.~
<br />� `.''� 10. Cond�natton.The Qraae�ds of any award or claim for damages,di�ed or consequential.in connection with any ;� �, �
<br /> `� cond�on or ott►er faking ui arty patt of the Property,or for canveyanoe in tieu of coademnarion,are hereby assigned and �
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<br /> � - shall be paid to i.ender. �f`�'
<br /> - . `'� In the event of a toial tatd�of the Praperty.the proceeds s6a1!be applied tv the sums sewred by this Sec�uity Instrament.
<br /> �� • � �`� «.;� wh�her or not then due.with,aml.exoess paid to Borrower. In the eveat of a p a e t i a l [a k i ng of the Property in which the fair -
<br /> _�� '' � ' "� urarket value of the Proyerty icused's�aiely before th.e taking is eqaal to or greater tban the amoam of the sums sewied by this
<br /> - � Seamty InSUUment immediately brsP�te the ta�Cing.unless Bonawer sud Letcder oWeswise agree in writing.the sams�bg
<br />�,j;��.: ,`�:,;' �.,�� this Secauity Inshu�ent shul!.6e t�duced bY the amount of the ptoc�tds multipliac# by the foilawing fraaron: (a)thc wtal . -
<br /> - ,; �+,�{',�: ; amount of the sums secvrad i�►ntadiately before the taldng.divided by(b) the fair urdrket valne of the Property immediately ::,
<br />- before the taking. Aay 6alan+ce siiWl be paid m Borrower. In the ewznt of a partial taking of the Property in whic�the fair �. '
<br /> ' martcet valae of tke Pcoperty�mailiately before the ralring is less than the amoum af the sums secured immediatelY hefone the
<br /> 'r,� ; taking.unless Bormaer antt L:r�der othera�ise agree in writing ar ontess appGca6le law ot�terwise pmvides,t6e praceeds sGall .
<br />__ ' � �:'�, j be applied w tlte snms sec��od Is;"r this Securiry Insuumeat whether or not the satns are theu due.
<br /> • If the Property is a6andac�ad by Borrower,or if,aRes aotiae by Lender w Barrower that the aondemnor offers to mak�an =
<br /> .`"���'� � sf�. � awacd or settte a ctaim for damages. Bornower fails to respond to lxnder aithin 30 days aRer the date die notice is given, ,''':
<br />- °-: `.';��'�" ` LenQer is authorrz�!to caltect�nd appiy the prooeeds.at its option,eittcer to mstor�tion or�pazr of the Prope�ty or to die smas :::
<br /> _ '::;.-"'� secuted by this Serurity iastsaffien�whether or not then dae. ' �,'';
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<br /> , ,�f',.�L '_ LTnless Leuder and�.'`mnwer otherwise agme iu writing. any applicadon of ps+nceeas tm principal shall not e�d or
<br />- � � �` '' oae the due date of ek�2 mnnt6l aymems refer�to in hs 1 ared 2 or e the amount of s�cch
<br />- .. _ •..•.,:te .;,.; P�� Y P P�B�P �S PaYm�-
<br />= • � '• 11.Borc+ow�Nat�Pteleascd;FosDearance By Lendes Not a Waiver.Exsension of the time for payment oz ffi�firation
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<br /> � S,` , of amortizaiion of the sums secured by this Securety Instrameirt grmntad by L�mder w any suoccssor in interest of�nnu�:�c sb�I . •
<br />__ ,.a�- ; not operate to releas>t6e liabitity af ths origimal Bormwer or Bonower's successors in interest. I.e�er shall nnt h�.u�ta _.
<br /> Y� ° aommenee prooeedings against any successor in iaterest or refiue to��tatd time for payment or otheiwise modify�o»
<br /> '" �'� of the sumc secured�by this Serurity Instramcnt by mason of any danand made by the origlaa!Eanvwer or 6c�wer's .
<br />-- - - ,+ �,_�-
<br /> r"`'`' ,j:�. successors in intr.rt�: AnY fozbeffiance by Lender in eaenising any ri�ht u�eernedy sbaU not be a waices.of or pneaSade tiiee -
<br />�. .� ..? �:� exercise of any rig�t or�y. ' � '
<br /> , r, .a•, 12. Suaoessofs and Assi� Bouad;Joint and Severu! blability, CoSlgaers. 7Tre covena�ts and agrcem:,��f tlus �.
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<br /> _ Sectuicy Inswmert sh111 bind aad benefit the successoss aad s�signs of I.ender and Ba�+er, su6ject to the primririons of
<br /> ° . - : �'�. Paragraph 17. IDom�wer's covenants and agreemeats sha11.6e joint and several. My Borrowet w6o co-signs'this Seauity },�, :
<br /> - � ' �, �' {� Insuument 6ut does not execute the Note:(a)is co-signing this Seauity InStrument onty to mortgage.gesut and o�nvey that _
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<br /> �c' �• '-? Borrower's inter¢st in the Property nnder the terms of this Securiry Insuuinent;(b)is not pezso�lly obligated to pay the sums
<br /> � '' '' secu�d 6y thia Seauity Instrumem:and(c)agrees that Lender aad any other Borroaer may agree w eatend.modify.forbear or
<br /> -;:� ,;: �. � ''' arake any aaoommodations with regard to the terms of this Socurity Inst�wnent or the Note without that Borrower's consent.
<br /> - ; .:; 13.I.Qaa Q�e�.ff the loan secvred by this Security Insuum�t is subject to a 1aw which sets maxinmm loan charges,
<br />-- . and that!aw is�f�rai[y interpreted so that the interest or other loan cie�.rg�colteded or to be coilected in oonnection with the °
<br /> � : �.� loan eaoeed the�per�tted limits.then: (a)any such toan charge shall b��ad by th�amouai necescary w neduce the charge � ',_
<br />- � . to the pem�itted limit;and(b)any sucnc afreAdy collected from Bartuwer afiich eaceede4 pem�itte�limiu will6e cc�nded to - _
<br />--- .. Bormu�r. Lea�der may choose to malce this refiuid by teducing the pancipal owed ur�,ea the Note or by mai�r�a ditect
<br /> __ . " :�.'�;��, pay:nss� to Botrower. If a refa� reduces principal. the reduction vuI1D be meated as a partial pre�aymees �ai�uut any
<br /> -_ � . •{ �.'�.r,;:i . P�DflYmeat chnrge uader the Note. ,� . -
<br />--_ " , 3i4.Notte�.My notice to Borrower provi�i!�or in this Security InstYUmeat shall be given by delivering it crLy mailiag
<br /> - `� �'f�' it by f.f�s ciass mail untess appllcallGe law requires uss of anot�sr.a�etkad.The notice shali be dimcted to the Pro�Address
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<br />_�='°,..t;ti,,:��� ,;,•. ;.;., �;� or au:;,�.�:�.her address Borrower d�:ignates by notice to Le�s�r. Any notice to LenQer shall 6e given by first cl� mail to '
<br /> -= Le�ded�addt�ss��t�•herein as�y other address Lendes d���ates by notice to Borrower. My notice provided for.in tlus �''
<br /> _,. . .. _ �';.; ;= `
<br /> __ , ` !° ' :; Secarity It6stntmee��::.1 be deemed to have been given to Borrower or i.cr,xi�r when given as provIded in this paragt�ph. 't.,�
<br /> ' ��'?: '� !' 15.Governiitts 9.aw; S�vera6iUty. This Security Instrument shalZ be governed by federal lavv and the (aw of the �
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<br /> jurisdic:ian in which the Property is located. In the event that any provision or clause af this Security Iusuument or the Note
<br /> �'�'" : ��r� ' wntli.cts wtt6 spplicable law.such oonflict shall not affect other provisions of tttis Setvriry Insuument or the Note wtucfi can be
<br />_ • .� • given eti'ect without the oonflicting provision.To this end the pmvisions of t}ds Securiry Inswment and the Note a.re declared ..
<br />_� : , ' �: to be severable.
<br /> — •� ,� 16.Borrow2r's Copy.Borrower shall be given one confomud capy af the Note and of this Securic5'r rr,�rument.
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