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<br />-��`�` �ymcnu nuy nn longer bo requirod,at tha opdon of Lendcr,if martg�o fnsurenco cover�ga(in thc amount�u�d for the period °-
<br /> ' 1hu I.tndcr requires)pta�idod by en insurcr npprc►vod by Lcnda egein becotncs aveilabk end le obtainod.Atxtowcr sha17 p�y 1he _
<br /> - --= �rremiums roquirod to mainuiiri n►o�t��e insurar�ca in efteci,ar to providc a loss resrrve.unt+l the reqnin�ment for mortgege "r.=
<br /> :.....�.:;i insttnu�ca ends in�ccadaace with any wrluai igroert�ent tntweu►�orrowa nnd Lender or�pplicabb law.
<br /> ��� 9.Iaa�ectbn. Lender or iu agcnt may make reasonal�k entrka upon end inspection�oF tlw Pro(x.rty.Lander shall give _
<br />;.:,,�"; ; �1s�rmwa nadcc at the timo of or priar to�n inspect3on s�ocifying rcasonabla causo fcx thc fnspnction.
<br /> - - ; 10.Coadtmnation. '[t�c proceals of any award a ciaim fur damages,dinct or consoqucntial. in connoctton with any
<br />°.f:•a�` ' �pndemnadon or otha taking of any part of the Properly,or fa conveyance in liw of condemnation,are hereby assigned end
<br />.;: +. a1u�U bo�id to I.axjer. _
<br /> �`,'�� In the event of a taal t�g af the Property.the proconds shall be appllod w�he sums exural by this Sacwity Instrument,
<br /> :�; l w1K.thtr a not tl�n due.w�idi any excess peid to Barower.In the event of a partW taking of Uee Proputy in which the fAir m�ricet
<br /> vaitw af ti�o Pmperty immcdLv�ely bcfore ihe teking i.a eqi�w a greatu thari the acnount of the sums socuced by this Se�urity
<br /> Insuuma�t immediatdy txfae Ihe taking,uakss Borrower and Laider otherwise agrx in wridng, Ihc swns socured by this
<br />;�_�,,;� Sxurity Tn�n�ment sh�ll be roducod by the amount of tbe p[oceods multipliod by the foUowing fr�ction:(�)the wtal a�r�ount of
<br /> t�as sums sxurod immcdietely before tbe taiting,dividod by N) the fair market value of 1he l�ropecty immediately befae the
<br /> __,,,,_,� t�ing,Any ba4nce shall be paid to Borrowu.In the�vemit of a pbrtial caldng of the Pc+oputy in which tho fair rr►�icet value of ttie �-
<br /> Propaiy immedia�ely betae ttie taking is less than t7vc amount of the sums secural immedi�uely before tho taring, unless
<br /> ;=-,=� Barowu and Lcndu othawise egroe in wdting or unless applicablc taw otherwise provides,tha!procoods shail bc appliod to the
<br /> -R� suma secuced by thia Socurity Inurument whotha a noc tt►c sums ase thr.�du�. -
<br /> If the Propaty is abanAoned bY Barowu,or if,aft�r nopce by Lender co Bortower th�t tt►'e condemnor offus W mace an
<br /> --- �wurd a settle a cUim fa da�m�gea�Borcowa feils to resporKJ W Lenck.r within 30 days efeet thn dace 1hc noticc is givcn.I.ei�der
<br /> is authocizad to collect and apply the proceeds.at its option.eittxr to nswcation or repair of the Propaty or to t}►e sums sac�ued
<br /> �-,� by this Sxt�ily Instmmcat,whdher ur nni tt�en due.
<br /> Unkes Lcnda w�d Barawa otheswise sigcoe in wdtin8,enY ePPlkntion of proceods ta principal shall not eaknd a postpona
<br /> � the duo dabe of the monthlY payrt�nts refarod tn in paregrapbs i and 2 or change the amount of such payments.
<br /> 11.Borrower NM Rela�std;Forbearaea By Leeda'Not a W�iver. fixtcnsbn of ti�e titne for paymei►t or modification
<br /> _ � of amoRdz�tkx�of d�e swns xcurod by tl�is securtry ins[cuma►c granced by Lu�da io a�r��n u�+�'+w:w•�f�asrc�.�a..:l
<br /> - �-- not c�pas'tc to rekax the Ilahility of the original Barowa or Barower's succ<ssors in interat.Lenc9a shall not bc nquirc.c!w
<br /> oommence�roceedL►gs agw�st ony successcx in int�xest or c+cfuse w cx�terid dme Ca payment or ot�eswise modify anoctization of
<br /> the sums axurod by Ihis Security Instrutnent by reason of any demand mada by the original Barov►tir or Barower's suooesscx�
<br /> • in inurest.My fabe�rance by Le�nekr in exacisin8�Y n8ht a n�Y���e Waiva of or proclude the exerciso of nny
<br /> j. rigt�t a remedy.
<br /> ' 1Z SMCCSr�ors�sd A�m Borali Ja1�t aod Sever�l[.i�biL'ty;Co-ai=ners. 17�e covenants and agreemaits of Ihis
<br /> i Sepirity Inbwment aEwll bind u�d benofit the socces.9ors and assig�s of Lencla and Bortower. subjoct w the provislons of
<br /> ; pua6r�pF� 17. Bcxrower'e cuva�ants and egreements shall be joinc and sevrral. Any Barowa who casigns this Socurity
<br /> S I�suuma�t but does not wcecute tho Nots: (a) is co-signing this Secu�iry L�savmr�t only lo mortgage�Branl and convey that
<br /> i Ban�wer'a intatist in the Pnopaty unda the t�ns of this Securlxy Insttument; (b) is not pa�sanally obGgmoc9�a P�Y the sums
<br /> s axurod by¢h�i Securfty Insuvmeat;and(a)a�ees thet Lenda�nd any other Sarowa may agtae to outend,mndjfY.fotbC�s qr
<br /> • m�CO�ny�ocpnrtwd�tione with�egud W�he terms of this Security Instrurne�t or thc Note wittwut that Barcower's r.onsen�
<br /> � 13.I.aw Clu�r�es. If tha fo�n sxurod by ihis Securiry Instrumcnt 1s subjoct to�law which eds maaimum lan chiuges,
<br /> � �nd th�t 4w is Cually inkrpneted so that tho interest a othcr lwu►charges colloct�ed or w be collacted in connoction with tho fom
<br /> oxoeed d�e pamitt�d liml�.t1�rn: (a)any such loan charge stull be reduced by the amauit nocessacy to rcduoe tho chsrgo w�he
<br /> pamiqod timix rnd(b)any se�ms already collected from Bamwu which e�ccoaded peimittod Wnita will be refunded to Barower.
<br /> La�dti may choox w m�lce Ihis refund by reducing the principal owod un�ex the Piote or by making a diroct pa�ma�t to
<br /> Borc+nwer. If a�efond reduc�w principal,t!x crduction wiU be treateil a4 e P�ttW Pt'�PaYma:t wiltw�t anY PnPaYment charge
<br /> unda Iho Note.
<br /> i�.NMica�. Any natice W Bomowa provided fix�this Sec�uity Insaument shall be given by delivering it a by mWing it
<br /> by ficst clais m�il unlesa�pplic�rk lsw requires�se of anottKr methad.'!he notice sh�ll bo diroctcd fo the Propaty Address or
<br /> ny otl�u eddress 8omower daignates by notico to Lender.Any nntice to I,enckr shaU bo given by fuat class mail to Lendex's
<br /> � ddress stated hereln or eny othe,r oddress Lendea desigaaces by notic�to Borrower.My notice providod for in this Socuriry
<br /> Inswmcnt ahall ba detnxd co hs►ve bora�givea to Botrower or I.cnder wlien given as provid�d in this pacagraph,
<br /> --- . �S.Govtrnin�Law;5ever�bi�ty. Th19 Socurity Inshument shnll be govuncd by fodaal law and tho Iaw of the
<br /> -- jurisdiction�n which the Propaty is lacated. In the cvent tt►at any pro�ision or xlause of this Securlry In�trument or�he Note �
<br /> conClkts with s�ppliesble law.aueh com4�ict shall not affect c�ther provisions of this Soeurity lnstrument a the Noce which car�be
<br /> �_�"°° giveo effect without tho conflicti�ng prcavision.To this end the proa�isio�ns of this Sxurity inswme�nt and the Nde aco doclated tn
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<br />--_.=-— be severable. -
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