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<br /> �°!��'`^'� payments maY no longu be required,a�1 thn option af Lcndcr,if mongage insurance coverago(iu�the amount and for thc period
<br /> �_�:
<br /> �'•�.,
<br /> �;_..
<br /> _ �hat Lendr.r roquires)providcd by�1°S�e insur�nce�n cffcctd, oe pro�ide osloss rabes�earvcaunlil chc rr,quuemAensrfor mortgage •.
<br /> '_�,,,�"' -.� premiums required t�o maintain mortg� n ��_�
<br /> a°'�'�' insucance ends in accordence with any v�'nttcn agreen►�nt between riorrower and I.ender or applicabla law. �der shall give °-
<br /> q,Inspection, 1.andu or iu agent maY make r�ason��ble cntrics upon and inspccdons of the Fropercy.
<br /> , gocro�yU�ptice ac the time of or prior u�sn inspecUon spcc�IfYing reasonablc cause for the Inspoction.
<br /> ' 10.Condemnation. 'It�e procoedt�of �yf e�rd or �� f�nve�y�ce u►li utQf cundemnation�are he byaassigned and
<br /> ;. . .
<br /> � �• condemn�tion or other takin8 af any pr�t o P�Y �_.
<br /> -� sha�be paid w Le�-►der. �F mceeds shall be applied to the sums secared by this Sceuriry Instrument, -
<br /> , ..:���.�`. In the evcnt of a total talinS of tht�Pcoperty, P _
<br /> ir,�;-''�'•'" w(uther or not Iheo due.with any exce��p�id co Boncower.In the event of a partial taking af ihe Property in whicti the fair markct _
<br /> �`� • '�� value of the FrBperty unxr.�i.auly beface U�a t2kmB is equ.�l co or gn�ttr than the amoune of the sums secured by thi�Security _
<br /> . . Ins�umeac immediately be.fore the taking� unlr.ss Eloaowcr �nd Lcnder otherwise agree in wtiting, sfio sums secared by rhis --
<br /> :;;.•`"; --
<br /> Sec�uity Insuume.nt shatl be reduced by tha am.aimc of th�proceeds multiplied by the following fracrion:�a�th�u�befo etthe
<br /> _ . :',;;;:;,� t!►e sums securod immodiately before tiia t�'i3'JnB�c�ividrd by (b) the f�ir market velue of th�W�ty fair market value of the ---
<br />- ::•.`�:., ta�tinS•MY b�1an��1 be paid to Bormwcr.In�he cvcnt of a pactial�alcing of the Propeccy' —
<br /> ��, ��lY �fo�e �he taking is les.5 than the art►ount of Ihe sums sccured immediatcly before �he takin8+ unkss `
<br /> licable law othuwise provides�the pcoceeds shalt be applied to the
<br /> `�•�fi-� �iaamwu and L,ender othe�ise agree in wzitin8 a unluss aFP
<br />-:=���;�' =
<br /> swns secured by this Security Instrument whethisr a not t}wr�sums are then due.
<br /> ����',i` If the Property is abandoned by Banrnver,or if,aflr.r nodce by Lender to Bocrower that t!u condunnor offus to make an `
<br /> ,�:y1fi5'i:r.
<br /> _,..ri� • awud a seale a claim for dama8es�Ba�nwcr fails Lo rr.s�r►d to Lendu within 30 d�ys after ths date the notice is givea.Lendu _
<br /> �;��}�:'. is wtborized W colket and aPP1Y tt►�Ptnc�ads.atits optie�n,eithu w cestoration or repa�s of the Ptopeccy or to the sums securod
<br /> "' `°`-� �y t�.;s S.;,.ssri�T*�s�.�"'-r.n�whetha or nnt then due. licarion oi ''t„Prus i�!" " ••*."'�±d�r oostnone
<br /> ��;. ;� re in writvng,anY ePP P��� � � ..�..il a�___ _
<br /> .�t�.r�-�,,,'� Uniess LGnckr and Borrowu otherwi�o agr- hs 1 and 2 or change the amount of such payments.
<br /> �-_�•°-""-�"�+,�� the due datc of the monttily pa�'ma►ts raftxr.cad W in p��iraF
<br /> .. ;�, ,�,.�
<br /> �:_ � ii.Bocrowa'Not RefasedS F°r�mMnce By Leoder Not R K"aiver. Extension of the time for payma�t a modiCx+mon
<br /> -,�:�;;���
<br /> — of�of the sums securod by this SacwiB r�a�e+��'��r Bo��a uba s�cce�ssa'��ny�tcres�t�I e,�derlshall�n tBbe re9t�red w
<br />---°~.:�'�rw,"3 not opaate w rekase the li�bility of tha arigin.s1 fa mu�t a otherwise modify amoHizadon of
<br /> —_-_���ii �x procaod'+ngs against anY succosscn in inte�rr.st ar ref�se to extead time PeY
<br /> �T�.,.�;��,. ���by this Socurity Instrumant by rcason of any dem�+nd m3de by�he original Bormwtr a Sorrowa's successc�rs
<br /> -`,.�'��! ia ialaat.Any fabarance bY La�Jer in wcercising eny right or remedy shall not be a waiver of or procludc the exercise of any
<br /> _=-= right a remody. Bo�ndi.�nint tad Sr.vcr�l LG�bWtyt Co-�� 'Ilie covenants and a�eemG►u of this
<br /> -------- — 1Z.Succeesors��d A�si�ns
<br /> — Se�uity lnstrument shall bind and baK�tit the succossors and assigns of I.�ender and IIarowa, subject to the provisions of
<br /> puagt�ph 17. Boim�va's oovauntt md agramentc shall be joint and sevaal. Any Hocrowa who co-signs Ihis Socurity
<br /> Instr�mart but does not exocute the Noto: (r�)is co-si�riing this Securiry Instts�ment only to mortgage.Brant and convey d►at
<br /> � Baro�ver's inurest in the PropertY unda d�c tam�of this Secsuiry Instrumu►t;(b) is not pusonallto eatend,�nnodifY fabear or
<br /> �cu�by,thu Security Insuument;and(C)e��eos that J..enda and any other Borrowu may agree
<br /> ��y�unod�tions with regard to tha icims of tl+is 5ocuriry Inst►vment or tl�e Note without tt�at Baiowa's consen�
<br /> - �.��C��, u�hC loan secuttd by tltis Socurity Instrument is subjcct to e L1w which sets maximiun losn charBcs�
<br /> ---- Y4 and dut law is finally int�e�xetal so that the intaest ar other loan ci�'8es c.ollectal or w be col3ected in connecdon with the loan --
<br /> ---- exceed tHe pamitud limits,thrn:(a)anY such lasm cherge st►all be roduced by the arn:wnt nooe.ssarY to roduce the chuge to tha
<br /> pe�nitled lirtdt:and N)�Y�ns already coll,ccted from Barower which exceedrd Pecmiued limiu will be refunded w Bacmwer.
<br /> I,e�der may choose to mdce this eefund by n��scing the principat awed unda the Nou o t withom�� �diroce pe�t ge
<br /> goerower. If a refand reduces lnincip�l•the nduaaon will be treated as a panial prepaYmer Y PK�Y�
<br /> -- ---- �— ��N0�' vided for in this Security Instrument shall be given by delivering it a by m�iWiB ie
<br /> �-~ �— 14.Notices. Any notice to Borrowu pr4 .
<br /> i v�"� by first cliss m�il unbess iPPlicabk law roquires uso of anott►er method.'I1�e notice shall be c7im,cted W the Aropaty Address a
<br /> =_���-a-`� my other�ddras Barowa designaus by notia to Leader.My notice to Lender shall be given by fust class mail w I.ender's _
<br /> ��
<br /> �--� noaa to Borrowu. My norice provided for in this Security
<br />--_�i�,��,;� addreas st�rod l�uein or my other addcess L.endor desigeaces bY
<br />__:��_;'�� Luuumao�t si�a)1 be deaned to have ban givea w Bwrower or Lender when given a�provided in this paragcaph• _
<br /> - - =_,•x , mao
<br /> 15.Governio�Larr;Severabil�ty. Thi�.s Sccurity Tnsvument shall he govaned by federa� law and the law of the
<br /> �'=�=�=�_' vislon or clause of this Securiry Instrumcnt or the Note
<br /> - -•z�-� juri�ction it�which the PropatY is IocAted. In the avent that any pr� _
<br /> �=---=n,�,vrnc„ °
<br />_:_.;:�,.,;,n canflicu wilh spplic�ble law,such conflict shall not affcet other provisions of this Scxurity Inswme�t or the No[e which can
<br /> given affect without the conticting provision.To this end the provisions oF this 5ecurity Instrument 9nd the Note aro declared to
<br /> -_ be sevaable.
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