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<br /> �, pnymenv may no bnga bo rcquired,at tho opdan of Lcndu.if mortgago insurancc covcragc(in thc amount and for thc period �
<br /> . �•.�� tt�t l.ender req�cires)Pmvidod by an insura�pprovod by I.ender etgtin 6ocomes av�0abk and Is obtainod.Barowu shall pay the °.
<br /> ' premiums rap�ireA tn mai�ntAln mortq�e insurAnce in effect, or to provide a loss reserve.untll�he requirement far mortgage �
<br /> :z�� insunu�ce ends in�ccaclmca with any wriuen Agroemont betwan Barower And I.ender or epplicabk law. �.
<br /> _�� 9.Iaspectlao, Lendrr or ita agent may malcc rcasonabb enVias upon and inspocsions of Ihc Proputy. Lcndcr shall givc �-
<br /> , Dorrower notice at the tune of or prior to an inspoction speclfying reasonabk cause for the inspection. �..
<br /> :' �` 10.Coodemwt6oa. The procood� of anp award or claim for damages, diroct or conaoquential,in coctna:don with any __
<br /> 'y Gx�demnatio�or aha taking of any part of the Propaty,or for convcyance in lieu of amdcmnatinn,ere hacby r�ssig�al u�d `•
<br /> �- shall be pa}d to I.endcl. _
<br /> ,. . In the event of a wta4 uking of Iho Property,the proceals ahaU bo epplkd tn tt�e sums soc�by thie Socurity Inswment,
<br /> � , � wbstba or not then duo,with any wccess petd w Bcxmwu.Ia the event of a pardal laking of the Propeity in which the fair msuicet
<br /> �. valoe of the P�+operiY immedl�tely txfae the taking is oqual to or grcau;r than the amonnt of the sums scxured by this Socurity
<br /> Tnswment immediately befae the teking, unkss Borrowex and Lcnder ott�awise agroe in wridng, the sums socurod by this
<br /> �r:i'.;�;; •' Socurity Instrumait sh�U be roduoed by ihe amount of thc procc�als mulriplied by the following fncrion: (a)the wtal amount of
<br /> -��F•''j x. the sums secured immediately befon the taicinng�dlvldod by (b) the fafr market velut of the P[operty immedlately before Ihe
<br /> ��;'�'•.., t�lcing.My bal�nct shall be pafd to Bomnwer.In the eyent of a p�tial tslring of the Piropaty in which the fnir marlcet val�se of!he -
<br /> '•:�•""J" ., . Proputy immedi�tely before thc taking is kss than the amount of the sums securod Immediately befora the taldng. unless
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<br />�•-��b�=�, . Sonowrr and Laid�s otherwisc agroa in writing or unless applkabk law othe�wise provides�thc proceeds sha1J be applial to the
<br /> ;.�:�.. swns securod by this Sxurity Instrumcnt wticthu or not tha sums are ihen due.
<br />_—',�;� If tbe Pro�x:ty is�bandaied by Barower.or if.afta aotke by i��der to Barower that the condea►nor offers to malce an
<br /> award a settk a claim for darnages,Bormwer fails to respond to L,e�dcr within 30 days after the date the notice is givai,I.e�xlu
<br /> --=-- is authorized w oolloct ac�epply the prc�coeds.at its option.either to restoration or rc,p�sir of Ihe Pro�ty or to the sum.4 socured
<br /> '_"'-�,•.� by thls Sacurity Instruma�t,whettxr a not then due.
<br /> '°='T'-r�•.� Unless L�ula and Barowa othawise agroe in writin8.anY ePPlication of procads to prie�cipll stull not extend a postpona
<br /> --=°`� the duo dua of the moadilY PdY�ta refurod to in paragraphv 1 and 2 or change ttfe emounR of such payments.
<br /> y�� 11.Barower Not Rdeaed;Forbearance By I.ender Not a Waiver. fixtension uf the time for paymcnt or modification
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<br />-�=_� �`?� . Qf 'e� r�j�hw n�nc arnryl�Y thia Crrn�ft�r T�afmrrKnt o�ra_nNvl hY T mrlrr tn nnY gnrr�ccnr in intrrncf c►f A�rr►wrr�lull
<br /> ,°;� not opaate w zr.kasoe the liability of Ihe alginal Bomowu or 8ocrowa's succes.�acs in interes�Lender shall not be rcquirod io
<br /> �'� cornrtknce proceodings against any suocessor in intuest o�r refusa tn eatead time for payment a ex6erwise modify amorti7�tion of
<br /> the sums xcuc�od by this Securlty Instt�ment by reason of any dc.mand made by the original Bamwer or Barower's suocessors
<br /> ""__-- in i�t�a+at.My faUear�nce by Lendu in exe�ising any right or nmedy shall not be a wuvex of a preclude the ea�a+cise of any
<br /> __�•'� : right a rernedy.
<br /> -- 12.Snccessoro t�ad Aaai�ns Bow�d;Joint and&veral Liability; Casianers.'R�e covenann and agretma�ts of this
<br /> _, Socudry Inatcurt�arc shull bind �nd bene6t the succes�ors end asslgns of L.a�da and Borro�ara, subject w the provisiau of
<br /> - -- • paragcaph 17. Eomoaer's wva�ants and agra,mcnts shali be joint end severat. My Boirowa who ca-signs this Socuriry
<br /> Insuuniau but does not exxuce the Note: (a) is co-signing this Secarity Instnunent only w matgage. 8�ant and canvey thae
<br /> ---� Bomowa's intuat in the Prapaty wuler Uk tams of this Securiry In.gtrument; (b)is not personally obfigetad to pay the aums
<br /> • securod by this Securiry Ins�uma�t;and(c)agcocs that Leada and any otha Barowa may agree to wctend.madify,fo�bear or
<br />----- make any aocomrtadadons with ngard to the tams of this Socurity Inslrument a the Note wiishont that Boaowa's conseriG
<br /> _— 13.Loan Clur6es. If the{oan axwod by this Security Instrument is subject to a law which sets mauimum ioan charges.
<br /> and that 4w u fuudly interpretod so that�he intutst or other loan charges coUectod or to be w7lected in annnection with the loa�n
<br /> —_. , acceed the pamiva!Umits,tixi�:(u)eny such loan ct�arga shall be roduced by the amount nx.essary W reduce the charge w the
<br /> pamined llmi�and(b)any sums alcr,�dy wllxtod fran Barower which excoedod pamitud limits will be refundod to Barowa.
<br /> _ - --- itir�de.� may choose W ms�ce this nfund by �+edncing the prinapal owcd under tha Note or by making a direct paymait to
<br /> Borrnwa. If a refund reduces principal,the raluction will be treated as a P�P�Y�txnt without anY P�Y�t charge
<br /> nndet the Note.
<br /> 14.Notiees. My notice to Borrower providod fa in this Socurity Insuurnan st�all be given by dclivcxing ic a by mailing it
<br /> -- by Cuat cL�mail unkss a�plicable laa requires use of aoaher roethod.'Ilia notnce shall be din�ted to the Propaty Address or
<br /> ,�;�� �ny otl�er address Sorrowa dcsignatcs by notice to Lendu.My notice to Leader stwll be given by first class mail tr�Lenckr's
<br /> �=,.°�' address statod tKiein or any othcr addc�ess Laida designates by notic�e to Barower. Any notia provided for in this 5ociuiry
<br /> ---- In.st�uma�t st�all6e dan►ed to have boen given w Borrower a I.ender whet�given ag providod in this paragrnph.
<br /> ,_-- - 1S.(;overnim�[.as;Siwerabiljt�. This Socurity Instrument shatl be govqncxl by fedaal law end thc �aw of the -
<br /> , _�;�;8;� jurisdiction in whict� the Paropeity is located. In the event that any provision a clausc of this Secarity �nswment or�e Note =
<br /> ,-=�;�-'a� � ronfllcts with appticabk law,such conflict shall not affect o11�rr pciovisions of this Socuriry Instrument or t6e Note whuch cHn be
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<br /> .>'�';.�-x'.`�'",�`-,`.t:� givcr►cffect without thc conflicting provision.To this cnd the�provisions of this Socurity Instrument and thc Nac a�declared to -
<br /> ��'}i,�.��.�;" � be severebk. �
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