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<br /> puymeats may.no longer be�equired,at the op�ion o£�eader,if mozigage�ce coverage(in the a�o�t aad for the period -
<br /> - -:. � .;_��}`�} t6at Leader reqnires)gmvided by aa 9a�uer agpmved by�aga�b�eomes avaitab2e and is obtained.Borruwer shalt•P�Y =
<br /> , ,.,. � ��';,' ttie premiums reqwred to maintain mortgage insuranoe in eff�t.or to p�vide a loss iesenre.until the nquirement for mortg8ge
<br /> . ,` �•. iasarauce euds in aeoo�dance witb aay.written agneement between Bomnwer and I�er or applicable Iaw. °
<br /> -�;�� . 9 In�eetit�+.Lender os}ts ag�;tuay make r�o�rable eatc:es ugon and ia.^pections af the P�tyr.I.eu�er shaU give -
<br /> ' � ` Borrower aotice ai the time of ar psiq�r irt t�inspe�xion specifying ze�soQable eztuse fos the i�p1� -
<br /> C�;�.- r�� ;'r . .
<br /> . -, �=;. ;�- 10 Cond�enaSaa.The pr�s_r��,tssyr aaar�i ot cl�im�t'os;d�mage.s,di�x or•oanse�.in wnlcec6oa witt�:�try -
<br /> ��u�� oondemnarion or aiLea af ts��.�Pcoy�rty.or far conve,qatice in Iteu of oautl�ri,ar+e heteby assigaed and
<br /> .:: taking anY;�.. :
<br /> ,,','� .shail ite paid tG Lender. '` �:,:�;:-. :, � � . --
<br /> 9�.���, �" In ihe event of a wtal taidng aF t�"�teitY.tt��oceeds s�l1�be apglied tu t6e sums secumd by this Se�xuity Inst�unuen�. . _:.
<br /> ; �.,�.t e�rh�her o�:mt then dne.wiW any exc�•Qaid to�Sot�mwer:�►4�;exec+t of a partia!taktng a�•ti�Pmperry in w5itt�t�,€�ir•
<br /> r}r <� markei valu�+of�the Piaperty im�da�t�y.befo�the taking is ecpa.al�ta�or greater than We am�iitt of the sums sewc�d�rt�ks.
<br /> � SecoricyIns�t imniediately before�ttrs talang,unless Bonower aad I.ender othe�wise�ee ui wriring,the samt seconed�Y
<br /> ., .�} a� •<. this Socurity iasutament shall be re�lur�ecl6y the emau� of the proceeds multiplied by t8e fopowing fra�Io�:(a) the wtal -
<br /> �: , K..`�. aawunt of ths sums secur�d immediatety�6efore the talciing.dlvidrd by N)the fair mtukei value qf the Pr+operty immediatEty
<br />_ � . . "'` �. before the taldng. Ang ba�an�e sB�ll 6e paid.[q$orrower.�Iri the evr.nt af a panial taking of the �roperty in whic4i tha fair
<br /> . � � cnarket va1�ot the Praperty itmnediately befate the taldag is tess than�ba aurtatu�t of th�sams eecured immedtut�ly�efore the
<br /> ;;;� ta�fng.untess Barrower and Lender otherwlse ugteE in writing or unless rippl(cable taw othenuise provt�es.the proceeds shall -
<br /> .. ._ �.�;r� � �Be applicd to�fie svms se�vrod by thia Securtty insttumeni whether ar rtot the sums erc then due. . ,
<br /> � _ - . If tt�e Pmpertyr is�bandoned by Bor�ower.or if.after nutice isy Lendcr ro Ham�wer t6at tfle candemnor affer�to make an =
<br /> � , _� •'° award or settte n ciufm for dFUnages,Borro�ver faita to respond sp I.ender withi»34 days afte*ths date tha rnoti� is given.
<br /> � , Ltnder is nuttfodzed w wllect nad apply the prooeods.at tts opdon.eithec ta restmat£on or repair of the Property or to the sums -
<br /> ;'},:��,�, _
<br /> ° .•,.,� sewred by t6ls Secudty lnsuwuent,whether or nnt then due. -
<br /> _ `�".`,._.�b . • UNess LeaQet and Bomower otherwise agrer in�vrltin8.aa�ePPtiratt�ss,af�pmceeds to pri�al ahatt not estend or.
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<br /> �"'':�����ti f postpone the due date of tha moatiity.Fpyments refened w in patagraphs 1 and 2 or�chaage the amount of such paymenis.
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<br /> . � "-d s�q � il.Bca�rower ldot Relmsed��F�76�ananoc By I.ender Not a Watver.Bxtedslon of the time for puyment or mndification
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<br /> •� x�� of amorti�atioa of the sums seaired by tHis Sec�uiry Insu+�mentgranted by Lender w aay successor in interest of Borrower shAll .
<br /> •- .,;.";,;�:� aot opetatt to retease the IIabiliry of�ite arigiaal Barrawer or Burrower's successars in inierest.Lender shatl not 6e tequired to •
<br /> _ ��,� ' commence pruaeedings against any succcssor in i�erest or refiue to extend time for paymeat or vtherwIse modify amoitizatiop
<br /> 'a.� , of the swns secarecf isy ti�is Security In..�numeut�Inytreason of aay dea�and made by the origiaal Borrower or Borrower's -
<br />` ���: ` . .;� snoc�.ssors in•interest. Any forbearanoe I,ry Lender ui exercisiag any rIgtu or temedy shall aQE 6e a waiver of or pr�tude thee
<br />:�4;;"?,. , ; <; exercise of airy right or iemedy. .'..� . . . .. .
<br /> `s,` ,. :. : =.� it.Saao�a�a�nd/4���;Joint and Sev�al Idability;Co��nesa Tt�e ed.�nants aud a�ents oE ti�iis
<br /> �: ;,_f� ��, ,Security Ynshument shal!Gau}�tre�+.�t the suca�ssors and assigns of Lender sud Boavwer.sabject to the provisions of . -
<br /> �� ,'• „v3l�,;,�. paragapa 1'7. Borrower's t�u�+�.ts anu�agreements sha11 be}oiin'and severmt� i�iay �orravrrer who co-signs this S�arity ,
<br /> r .f� "F Instrament but does not esac�dia�'s�e F�+�(a)is co-signinffi this Se�cwity Insb�um�nt anl�a m'�.unrtgage,grant and comey tbat --
<br />- • ;.','.z i� ;?�:!"� Bortower's inter�,st ia the P�ty*�, c.. . .y.�e terms of this 8ea�uity IaqA�umeru;(6)is aot p�,.�Uy obligated to pay tbe sums -
<br /> �� �� �� ,f . �. seaued byr ttils Seeuriry Instruin�;'.��)agrees tf►at Lender and any other Borrower iaay�tu extend,madify,forbe�r or
<br /> �"„".�� '�,� . � :make aay aceamr�+odations with rega,.,�iar'�e term�of this Seanity Inswmeut or the Note��YtllSt BdYla41�T'S OOIISEnt.
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<br /> . ,. : ;�� . 13.I.osa Q�arge�.lf tiie loaa'sepnrcd bg t�'��curity`Instr�ment is sub}ect to'a law wfuc3�sets � 'p�xa loan eharges,
<br /> end that!aw is t"inally interpreted'so dt�t%th��intpr�st or other loan charges colie�ed or to he.+ealleczed in connecdon tvlth the
<br /> �%? loaz�exceed the permitted limits:th�1,�i�m►Y such loan eRarge shall 6e reduoed by the amnunt necessary to reduce the�� .
<br /> ��. i to the perp�itted limit;�attd(b)�at�jt'�s�Iready oollected from Botrower wh4ch s�r,�eeded permitted limIts will be mfun�`.frib��to
<br /> •-- Bon�ower. Le�tder may c5i��io �+aS;e'tbis refund by reducting the principal acvt�3 under the Note or by making a dit+ect � � ;�
<br /> �+
<br /> �'} . � ; payment to Borrower. S'f'�,r��c�S::teduas principal, the neduction will be�q�t�b as a.partiat prepaywuent without aay '�„}
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<br /> : .�:� � :: prepaya�ent charge unde�2iy�:i�2u�t �.•�,:. � ' .
<br /> � � ' � 14.Nattocs. Any notia�to Bn�iu�r psovided far in this SecurIty Iastnunent shall 6e gtven by dellvering it or by mailIng
<br /> � . ` �> .i it by fitst ctass mail ualess app7ica6t�,�;{xi requires as8 of aaother method.The not�ce shall be�directed to the Property�Address -
<br /> : ' . . `� _� or any other address 13crcower designates by noYicr� to Lender. Any nottce to l.ender shall be given by flrst ctass mail'to -
<br /> . '1 : � Lender's address state�l�n or any other adchess Lender designates hy norice to Borrower. My noHce ptvvided for in t�is
<br /> , 5ecurity Iastrumeiit a6z1��e d�ed�to�ave beEn given to Hormwer or Leader when given as proviQed ln tiils paragr�ph. -�
<br /> � , :�:,;%., � } 1S.Goveming Lnsv;��everab49E�y. T61s 5ecuriry Inswment shall be govemed by federal law and the law of the .-
<br /> '.� � ,.,�
<br /> jurisdicdon in whicd tha Pn*�perty is located.In the event that any pmvision or clause of this Security lnstrument or the�r'mte
<br /> . :,} oonflicts with applicabl�ta�,such conflict shall not effect other pmvisions of tbis Searity lnstrument or the Note wluch ean be -
<br /> _ given effoct without tde coMicdng pmvision.To this end tht provisions of this Security Insauatent ana the Note are declat�d -
<br /> � .to be severable.
<br /> � : � : � � 16.Bosrower's Copq.Bormwer shall be givea one confarmed c�opy of the Note and of tttis Security Instiuiaent.
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