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<br /> payments nuy no long�r be rrquired,pt thc optIon of I.cndtr. lf mortgxge insuraace cavecnge�n�dk un�u+��'f�e period
<br /> ttut I.ader reyuic►:s)�rmvid��d by Aa Insurer approvcd by I.endar Again bewme,9 avallAble nnnd is obl�ined. Borrower siWl p�y
<br /> tlte pr�miurru ciquir�d c�y�nnintain uiortgagc lc�sura►�,e irs eflcct,nr tn prov�de a lo„reserve,undl the re�uireui-at for r�on�are
<br /> insurance cnds inacw�rlance witii any wr{tten agreemcnt betu►r.eu Dormwer and Lcnder or�pplic�ble I�w.
<br /> 9. Impecllon.I.c�xicrr or ity agent may mako nwsow�ble eutries upon and iaspecc�ons of tbe Pmperty. Lencler etWl glve
<br /> Borrower mdceat the rFmo of nr prior to wn inspecdaa sp�r:lfyh�g r�easonable cause far tlie lasprcdoa.
<br /> 10. CondannAt�nn. T'he pcoceeds of any award or claim f�r damages, dlrect or consequend�tl, in connection with any
<br /> condemuation orotiier u�king of any part af the Aroperty,ar for conveysu�ce in lleu of coackmnation, rue hereby asslgued aad
<br /> shAll tr�paid tc�lecadcr. -
<br /> In tha evem of a totul taking of the Propeny,tLe pmcoccia eUall be applied w the sum3 securrd by this Securlty In4uumetu.
<br /> whether or not �hcn due, witti eny excess paid to Borm�vrr. ?n d�c cvent of a pardul tahing of the Property ln which tl�e fatr
<br /> . market valuc of�hc�Pr�perly immedlately before tLe tai:3ns iA eqt�al to or greater tban the omount of the sunns secural by ttds
<br /> Sec►uity IaStcuzmat immedtnt�ly befon the taking,unlc�9 Aorrower ancl Lender otherwlse agree in writing,thc sums secvrod by
<br /> this Securiry I�n,nna�meat shnll be reducad by We amonnt of�e proceeds muldplicd t� tha folloFing fracdon: (a) the tdal
<br /> Anxiunt of tLe swnq secored immediately before the ta3.tir�� dlvlded bY (b) the fair marlret vatue of the Ptopett3+ ��Y
<br /> before tha talcing. An7r balunce shall be paid to Borrowcr. In We evcnt of a partlal�cing of the Property in wl�ch the fiir -
<br /> muket value of�P Propeerty immediately before the tal:ing is IQSS than tlie amouat of the sums secural immallxtely before the
<br /> ' dtidng,unless Aocrower and I..ender otherwise agrcc In�vritluR or unlcss appllcable law othcrwlse provides. the proceeds sluld
<br /> be appliai to thc su�nR secured by this Security Insaument tivlicclier or not the sums are then due.
<br /> If tite Prc��xrty is a6andoned by Borcower,or if,aRor nodce by Lender to Barrower that the sonckmnor offers w m�ka�a
<br /> awuci or settl�4 cLuux for damagcs, Borrowcr faila to respnmA to Lender withia 30 days after t�e date the mtice is giv�u.
<br />• L.endrr iA au�horized ro collecc and�pply�he proaeda,ae lce opaon, either to reswradon oc repair of the Property or w the sums
<br /> secured by tAi4 Security Insuvment,whethor or not thcn duo.
<br /> " Unic;ss Leode:r and Borrower othetw�se a�ree in wtiting, any appllcation of pmceeds to princi�.vd s�h�l1 not eatend or
<br /> postpnnr the duc data of tha montWy pAym�nts refcrnd to ln pArxgmpLs 1 end 2 or change the amount of such p�yments.
<br /> 11.Borrnwer Nnt Rtleased;Forbe�au�ce By Lasder Not a Wai�er.Bxtenston o£che time for payment or modlfication
<br /> - of Amartiizxtion ot the sum.v seeured by tnis�ecurity lnstnuuent granted'by i.ender co eny successor in in�cssi oi Bonowa a�o�ii
<br /> " not operate to releafla dic liability of the origival Bono�var or Borrower's successons in interest.Lender afiall aot be roquictd to
<br /> , aommence procced inge against any succ�ss�r iu i�crterest or mftise to extend tiiue for pnynoent or atherovise modify�mortiution
<br /> � af the sums secu�d by thie Security Insaument by reasan of eny demancl madc by tlie originAl Borrowrr or Aornower's
<br /> � suocessnrs,li►in�c�+e�t. Any forbearance by Lender in eaerofsing aay rlght or mmedy shalt mt be a waiver of ar ptea'h�de the
<br /> exercL�c of�ny right or remedy.
<br /> 12. Suxe�r►xs and Assi�ns 8ound3 Joint and So�cral I.G�bWtyi Ca�si�ner's. The cavrn�nts and agrxmenta of this
<br /> �� , Securiry I�me�tt shall bind and 6ottfit We successars au�l assigas of Lender w�d Honower. subjoct to the p��ovistons of
<br /> ..c p�r�gnph 17. Bornower's covenants and agreemente r1�U l�e Jouu wd sever�l. Any Iiorrower who ca-sigas tLis Securlty
<br /> � Inatru�eut.but doe�not execut�tbe Not�: (a) is co•slgning tlile Securlty Instiument only w mortg�ge, grant tnd comey that
<br /> Burrower's intercst in thc Property under the tcm�s of tl�ie Secwity Instivmenr,(b)is not p�rsocnUy obligttod to p�y tLe sums
<br /> .'��� secured by this Sa,-vriry Instniment;and(c)agnes that L.eadar nnd aay other Borrower mxy agne to e�ctend,modlfy,forba�r or
<br /> �,:y " uuaca any accommcxlat�ons with regard to the temis of this Seeusity Insttument ot the Note without t}nt Bortower's co�.
<br /> 13. Loart Chur�e9.If the loan secured by tlua Securiry Iustrwuent Is subject W a law wWch seta n�ximum lan cLuge�.
<br /> • ' and Wnt law is fivadly inte�preted sa that the interest or athar loan cl�aarges collectal or D�be colleete�in connxtiuc+wlth tl�o
<br /> ;'v lo�n�axcetd th�pe�n►itted limits,then: (a)any such loau cl�xr.ge shall be nduced by th�:�uuount necessary to raloa tbe chuge
<br /> � ta the permittesd liuur and(b)sny sunLV already callected from Bnrmwer wlatch excaded permtued limits wlll be refuaded to
<br /> i� s Bormwer. Leuder may choose to make tl�ia xe£ui�nd by toducin� tLe principal owal wseier the Note or by walting ��lixect
<br /> � �ynnent to Bartower. If a c�fiuKi raluces principil, tho reducflon wilt he tnatal a9 a p�rtW Prep�tyment without Rny
<br /> r � ptep�yraant churge undcr th�Nute.
<br /> ' ' 14.Notf�a,�ny nodce to Bo.r.r�ower provided for in this Security Insmtment st�ti!be given by delivering it or by mtlliqg
<br /> . �f� it by f:st cIaay m�il u��i�ss app;icAble law requiras use of aunther method.The nodce slutll be directod!o the Progesty Adciress -
<br /> ���'; • or u►y other adli�exa Borrower des,ignates by i�odce tc� Lender. Any noace to L.onder shall be given bp 5rsc class mW to
<br /> '`,i` � Leqdor's a�Wr+e�statcd hercin or any other Addr�ss Lendar d�ignYtes by naace to Borruwer. Any mdce pmv�dal for in this
<br /> Securit;i Instrument shall be decmc�l to i�ave been given to Nnxmwer or I.,ender wRea given as providod iu this paragraph.
<br /> ' ]S. �Govc�nf�tq Luw; SevcrabUtty. 'Ihis Sccurity [wtnunent shaU be governed by fakral 1$w and�the 1�►av of the
<br /> jutiatlicdon in WG�ch the Property is located. In the event that nny pmvision or clause of this Secucity Instcument or she Note
<br /> ; confl�icts with appl icahlle Inw,such conflict sliall not affect othcr provisiona oT this Security Instnunent or t}►e Note which can be
<br /> given effect wi�huut the confliodvg provision.To this end the provisions of tbis Sxurily Insuvment and tlie Note are decluod _
<br /> to be scvetable.
<br /> 16.Borrax•er's Ca�y.Bon�wer shatl be given one confotmed copy of tlie Note�d o:f tlus Security InstmmenG
<br /> Form 302e 9150��
<br /> � �BRINEI ta2in.o� a.p.�o�e kmw(� c`i
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