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<br /> � . •� ac thc aption oi Lender. it =aortga �aswaaco�+ereSe (in tt�e eraouAt ead far tLe pesiad that Lender requires� "�•�_
<br /> � �W provi�Eori an ins�u� ��;�ag�L�an�a availa6to snd is obtained.Bntcoerer shall gsy the promiunts ,
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<br /> � required ta maintaia mw'tgage insurance in eYfect.or to psovi8e a losw resecve,until the reqnitement for mortgaga
<br /> ` ';� insuraace ends ia accordaace with aaY writtea egreesnent beiween Borronrer aad Lender��1'c��b��.Lender sbalt
<br />- . ..__.,�.. ::�, 9. Insgection.Leader or its agent�ay make reasflnable entriea upoa and iaspe�ti �-'� .
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<br /> :s,;;._>:., _, give Borrower notice at the tima oY or prior to an iaspection specIiyipg re�asoaable�xiussa fat the inspecttos�. ;='
<br /> , . iU.Condemaation.'ih�prooads oY any awatd or claim for damages.direct or conaquential.m coat�tion with -,.
<br /> -�t`1�' ,�r ' aay condemnation ar ott�er�rin�oi aay gazt oi the Prapesty.or for coavepance iu lieu of condemaatioa,ane hereby �.,_
<br />="`�`'� '� �`��i>'� assigaed aad shap 6e paid w Leader. -- '-
<br /> ��: ;;>�t. oi ffia moeEda shsU be appliod to the sume s�ued bY tbis Securit9 °
<br /> �, ln the event of a tatal tekiag the prnPertY, P ==_--
<br /> .;��` Insavmen�whetLer ar not thes�due.wiffi suy escess gaid Lo Hormmer.Ia theeveat oi a partial taking af the Pmpercy ia
<br /> `;::.� ,:� �-;� which the fair market valve of the Propee�ty immadiatetg bef�a�see tl�e�ag is equat ba or gceater tbsa the a�s.aaaxaf�.e -
<br /> r'r:'cf'.;�;t�..�.`{�f;S� £ :.�
<br /> :,-,,;,.;`;;ft:^: sums securad Qsy t�us�a�rity Iustrctmesat imnaediatietF before�e�g►unl�Barnaaec sssd Lender w�a�ae -
<br /> �- in aaritiag,the suaa��cuscid hY�his 3eausitp Instrument slmt��e r�€ucat by the amaunsaf the graceeds�uitig�ie�bq. _.
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<br /> ttce fogfovriag�sacisa�:Pa�the�tal amav.at of ti�e sams�i�nediaU�fiy be$�:e tiae t�sit�.divide�bF f bJ�t�e fair:., _
<br /> �`�` '''�: market vat�e�t�e fx�emediatelp before the talsing.Aay�alaace�alt��p�id ta�artowet.Tia�r.e�af�,' �.��, ---
<br /> t, �.r��isich t�fair marl�et vatue�44ce Praper����.��Rte��rs�i&t�tI*an � --
<br /> +� -� ��,, paraea�.taTc�a���t6���a, tsefas�the tai�iap.u¢Les��asroa�ec a���«p .i�C',rise a�ee�t� � l
<br /> � �; t�ce a��une mf t�t���e�c�ect s�.itted^'..�� � � ' �
<br /> ` i "y '� o•r �Yc�s 2�t�el��+i�r�'i�}�nx;;�,.the psaCe�eds �gplied t0 t1��8�,;�d�t gg t�s8� :3
<br /> s��.��� ��f�`:.'' �tsue�.a�t�et�'t�rr:wira��e�t�e�.�k�t�'c.�s-� ,,.: . ._, , . . ;::. . . . '
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<br /> �• �tE�e�i'Fa�'.+'3��"���Y��wer,or ifr s�caotice�"I�a���Hti�W���6 conde�aaOr ofPers ta
<br /> �"•' fails to t+espoad to Lender wittin 30 daps after the dt►te tt►e
<br /> 'r:'" .: make an a�:rxc���#��rii for damages.Borro'v�
<br />__ ;,,;., : aotice is�ivea.�der is authorized to collect and apply the prace�ls.atits option.eitherw reatoratioaor repair oithe .
<br /> `:`�>; ``�;`'r, ": Pro�w�tv or to thA sume secured bY tLia Securit9lnatr�sment�whether or not then due.
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<br /> '�'":�:.:� . �',�')r; Un1e�Y:e�det$nd HorroWer otherwise ag�in wtitiag,anY applicat�oa oi ps+aeeeds W princigal shall aat oxteud or „
<br /> ° �,�.�<<{��i` postpone the due date of the monthly payments refetted w in parag�apbs 1 and 2 or change tho amouut oi susb
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<br />`.:s��l7:1f:'.'`.:;.'.'' � Pa9nlCn18.
<br /> ��`� '' �.;, �;� 11. Bonower Noi Beteased:Fosbearaace By Leader Not s Waiver. Esteasiaa of tha time tor paymeat or �
<br /> ' ' modification oi amortizatioa of the sums secured by this S�urity Instrument gtaated bY Leader to enq suce�r ia �
<br /> � ': ' inter�ct af�Bortower shaU aot opsrate to celease the liability of the origiaal Bosrower or Borrowefa euc�cescore iA
<br /> -- - iriia�:.:.Q,�;�'�a:::.:.t�:�.:red t^_�_nence praceedinps a�ainst aay su�r iQ Iaterest or reiuse m eatead
<br /> . " . : ' time for papment or otherwise modi�y ainortizat�ou of the sums secured by this S�ty I�s�ame�s cY r�p:,:�; N
<br /> ��,, ��:^ : �' .` d�maad made Djr the ariginal Bonower or Borrower's successo�ia interest.Aay farbeatanca by 1.endet ia e�g
<br /> . . . ��_ , � a n Y ri g ht ar re:nedy sLsll notbe a weivet otar pr�lude tlte eaerci5e oi anq right or tetnedy.
<br /> . .. , � � ➢2.Succxssors sad Asslgus Bownd;loint ead Sevenl Lia�itity; Co�s,ipae�e T h e covenants a a d a�e u t a
<br />� . , .:3 oY this Securit9 Iastsutnent ebal!biad aad beaeiit the suoceasars snd essigia of l�eader sad��es�eQ tDe
<br /> .- ---- - :� psovisions of ParagraPn�7.�torrowe�s c�ve�ts am3 agreermn�s sttall be iaiut�d�.At�g '�� ---
<br />'- � � this Securitq Instrument but does not esecute t he No t+�(a�i s c o�i g n i n g t l u s�e c u r's t y L a s g*u m.e n t o a l y t o m o r t g�, _
<br />= - - ;: graaa aad ooAVey tbat Borrowe�s inteteRt ia the Property under the tenas of this Se�eiritq lnswment;(b) ia r.ot
<br /> ' ��';, personally obligated to gay the suma t�nd bY this Sa:uritg lasensment:aad {c) a��t I.ender and any at�er —
<br /> . , .. ' `; $orrower may agtee w eatead.madifp,�orbear or make aay a000a�odatioAS with regard$o�e terms of this Secartit9.
<br />_ .,� :. � lastrumentar the Nate witinout that B�efs oonsen� � � �� __
<br />_ ' � �'...,`. ' 13.Lo�u Charges.dE atir iosa secs�ed 1sy this SxcuritY�='t��bgact to a ta�rr wlnch sets�mu:a Ioan ___
<br /> , :.� chargea.aad that law is�ix�1y interpr�sfl that t2ia iater�st ar.�s�'ga�a`'c'bargts ca11e�0od ot W ba eolts�ted.in __
<br /> ,.. conaection witL the toan es�eed thv p��tted limi�,thon: is)�a��ch lav��c�iatge aha11 bo raduoed bq the ataouns.
<br /> �:,, � �..
<br /> °���i,:: n�rY to reduoe the charge to tt�,�ermitted limi�and (�{��ams elreadY wL'a�ted frossi Hnrnower w�sxk�.;.� :_-
<br /> `,.� � esce�ded permitted limits will be refuaded to Bsrrower. Lend� �►�ttcia�e.to.maa:;�s te4aad 6y sedut"sag i34'#`�' -
<br /> + p r►A C ip a l o w e d u n d e r t h e T a t e o r b y m a k i n g a d i r e c t p a y meat w BvrrbHer.I�;��usid rea'�psincigal.tha reducticr"' r• -
<br /> �"� � . . . will be tteated as e partsal prepayment vrithout anY P�Yment chatge und�r�re!�ato. � �
<br />_ , ., , �y 14.Noticea.Anp aotica to Borcower provided for in this Seeurity Ias�ar�t�it e�all be g�vea by defivering it or by ` �„�L
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<br />_ , mailing it by firat class mail unless appficabte law requires uso of a:tother s.�:s:nd.The�otice shall be directed to tbe �. __
<br /> Property Addresa ar any other addres�Barrower desig�ates by aotice to I�rr�Any notice to Leader e6a11 be��6p
<br /> �� first class mail to Leadei's address stated Aerein or r�y other addrea�Len&u�sig�ates by aotice w Barrower.Aay L,.
<br /> � �� � notice provided for in this Se��rity Instrument sha11 t�deemed to 1�ave br.en givea t,�Berrower or Isnder whea 8�ven ,
<br /> � ��'. �'. �.� as provided ia thiis pare�raph. �`�=
<br />- ... � .. � I5.Goveming Lmw;5everability.Thie Securit3►Iastr�smeae shall be governed bp Yederal law aad tha law of tH� � .
<br />__ � � jurisdiction ia which the Property ia located.Iu the event tl�at eny provieion or clause oi thie Security Instrumeat or the �-_.
<br />- � � � Note conilicts witb applicable law.sucb coaflict ehall not affect other provisioas of this Seeuritq Inswment or the Nate
<br /> -. � :� ; which can be given effect arithout the conilicciag provision.To this ead the pr�vis2ons o4 ttus Seeurity Iastrument and
<br /> the Note are declared to be severable.
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