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<br />-- �ymen�s may no langcr bo requlrod.w tha opdon af l.cndcr,ii mang�go InSUrAncc covcrago pn�ho iunount and tar d�e period
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<br /> �• thec l..endcx rcquires)provlAul by sn insurcr approved by Lcndcr aguin bocomcs avail�blc and ia obWncd.Soaowcr shall p�y tho �
<br /> � � p��s aq�ired to mpinWn mortQ�ga inFUruicc in effoct, or to providc a loss resefve, unU! thc rcqulrument for mortgagc fe',�,,,�,"
<br /> ;;.i''� insuranca rnds in accordance with any writtea�coement between Sorrowu�nd Leader or�ppl�c�bla Lw. �_�
<br /> 9.Lss p e ctbn. Lendcr or its agcnt may m�ke rcasonabk c�nMes upon and inspections of the Praputy. Lendu shaU give
<br /> • t � Borrower nodcc at the time of or prior w an inspecdon specifying reasaru�blo caux for the inspoction. �`
<br /> °''r'"""� 10.Condemoatba. The proceed.� of any awerd or claim for duns�ges, dlroct or consequentlal, in connecdon with any Q�*�
<br /> � condemnadon or othcr taking of eny pert of t&e Property,or for convcyancc in lleu af condemnatlon,are hereby a�signed and �'
<br /> � sha]]be paid to Lcndcr. ��
<br /> In the cvent of a total tAlcing of the Property,the proceeds shall be appllcd to the sums secured by t!►is Security Insuument, �-
<br /> � whetha or not then due,with eny eaccess paid to Borrowu.In the event of'a partial taking of tha Propaty in which the fair madcet _
<br />-!. ,. . value of tl�e Property immWiatelY before the taking�S equal to or greater than the amoant of the sums socured by this Socurity n'.
<br /> ;' � ' �� Instrumerit immediabely before the taking,unless Barrower and Lend��r otherwisc agra in wrlting� the sums s�ecured by this =_
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<br />��;;,�. ..1� Security Inswment shall be reduced by the acrwunt of 1he procads muldplled by tho folbwing fra�cpon:(a)the total amount of
<br /> +;s•.,';:;::y th� sums scc�rod immecii�tely befure the taking, dividcd by (b)the fair maiket vat�oe o�dae Yr,crypu¢g immedlately before the _
<br /> ` =:,�a. • takin�,My balance shall be paid to Bomawu.In the eveiut o�e partial taicing of the Pn�erry ire�hi,ch tLtie faa markec value of t�
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<br /> =,�.;�.7�`�'��� p�,nperty imm�diately befoce the taking is less than rbr �om,ou.�t of the surns s�ecwodi immediaoeZY before the t�g.unless
<br /> � • Borrowcr end Lender otherwise agree ln writing or unfi���'�'�3 Tar.x o�rswi��e�vndes.the proceeds shajl be apglied to dae _
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<br /> -_,-„<,�.�° sums secured by this Secarity Instrumem whethcr or nat tiae sums are tGae c4ue.
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<br /> -�; .::; � If the Propert�r is abandoned by IIorrowr.r>rnr if.aP,�r c,a�e by�to Bocrower that the c�a�,demnor offers to e an
<br /> ;�'""`: �ward or seule a clsim fa danw8es.Horrower L�i1s eo se'�a'r�n�i.eader within 30 days after the daac ct�e nodce is given.L.ender
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<br /> `-=—� ts sutlwrizod w coUect and apply the proceals.ae its a�in+a..eithu to nstnretion or repair of the Property or to the sums sec
<br /> --��;a;� , by this Securlty Instrument,whether or aot then due. —
<br /> ------- Unless Lend�r and Barowa otlhawi.se a�ra in wridnB�enY ePj►lication of proca�ds to princip�l s1�a11 not eactend or postpone
<br /> ---_-;��,� tha due date of the monthiY psyments re,f'«ne3 n�in Paceq�aPhs 1 end 2 or change the amount of such�+a}��ments.
<br />-�� 1L Borrowa Not Rekased;Forbearanree�y I.en�der Not a Waiver. Eatension o�f�the wne€��rr�ayment cx modifica�cxa
<br />_._i� "'-' of arnortizatioe of the sivas st�.�rr�d by this Security Insu�mcnt�anted by Lenaa a�un successor in intuc.ii vi�n���u s� -
<br /> .: aot operAte eo release the liab�lily of the original Bocrowar er Borrowtr's auccess�xs;id:mterest L.zndu ahall tx�s:�baasqnired Ic� --
<br /> v'°�" ' . commence proceedinBs a8�ins2 enY successor in intaest or refuse to extracd time faar yayment or otherwise�odlfy.trmartizariuc c�f
<br /> -:.°"'•:' the sums eoc�ued by this Securlry Instn�ment'by reason of any demaen��a�,�e by the original Borrower or Bormwer�s�wcess.�:�
<br /> -.= in inta�est My forbearancx by Lenda in exercising su►y right or runody shall not be a waiver of or proclude the ezrscise of aAti•
<br /> —— right ar nem�dY•
<br /> 12.Socces�ors�od At�i�o�spuadi.lot���d�veral Llabillty;Casi�nab. 'fie covenac►ts and agra�ments of thia
<br /> -- Securiry L�ument shall bind and ba�eft the sucassors end assigns of Laxlrr and Barower. subjoct to tbe provisbns of
<br /> = ;�1 par�gr�ph 17. Barowa's covenu►u and agroements shell be joint and saeal. Any Bamwer who co-sigas this Socucity
<br /> Instrument but does not eacxute the Nou: (a)is co-signing this Security Instiument oaly to mortgage.grant and c.m►vaY ttiaR
<br /> Bo:rower's intaest in the Propacy unda the tenns of this SocurIry Instrwr�er�x N)is aot peraonallY obligatod ua pay the s�uns
<br /> — se�uraQ by this Security Instrument;end(c)agroes that Ler►der and any other Borrowa may agroe W extend.maiify.forbeu or
<br />-_----- matce any�ccommodations wlth regard to 1he tams of this Socurity Inswment or tho Nota without that Bocrowa's consent
<br /> 13.Loan Chargea. ff tha loan soc�rat by this Sxarity Insuumertt is subjoct to a I�w which sets rtwuimum loan ct�r8t�,
<br /> ��� md tbu Lw Ls finaUy inte:pretod so that the interest or othu loan charges collocud or tn be collectod in connecdon with the k�n
<br /> � acceed the pamittod Iimits.t}kn:(a)any s�ch ban charge shall be roduced by tlu amount noc�ssary w roduce ttr�e chacge W tha
<br /> ---- pennitEod Umit;and N)any sums alnady coUocted fram Bomowa whicte excaded pemutted�imits wW be nfundcd!o Bamwe�.
<br /> , i,e�dec nyy choose to make this refuad by reducing the principal owed unda the Note a by making a direct paymcnt to
<br /> Barowa.If a rcfund roduces principnl,the reduction will be treaud ag a P+�P�Y�t witlxwt anY P�PaY�t ch�rge
<br /> - --�---_� wsda the Note.
<br /> — 14,Nott�. My notice to Bornnwcr providal for in this Securlty Insnuma�t st�all be given by de]Ivuiny,it or by mailing it
<br /> '"�� by�'irst ela4s mail unkss applicable law roquires use of anotha method.'Ihe noticce shaU be directed to the Properry Address ar
<br />-�" �ny other�ddress Earowa dcsignaus by notice to Lenda.Any notiee w Lender shall be given by fust cls�s mAil to Lenda's _,
<br /> -----�--� address st�ted henetn or any otha acidrass I.eada designaus by notice w Bocrowu. Any noticce provided fa in thls Sec�aity
<br /> -=_- Instrum�at shall be deemed to have ban given to Barower or I.enda whcn giva�as provided in this paragraph.
<br /> -- .�__� _ iS.Coveroin�I.aw;Severabillty. This Security Instrument shall be govemed by foda�al law and the law of the
<br /> "`°s~�' nristlicrion in which the Pro u locaud. In the event that any provision or clause of this Security Instrum�nt or the Note
<br /> — �__��� perty .
<br /> ��� confllcts with applicabla law,such coMict shall not affect other provisions af this Securiry Insaument or the Nete which can be
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<br /> --,�;:i;,�,•"° given ef�ect without the conflicting provision.To this ead thc provisions of this Sxurity Instiument end tl�e Note are declarcd to =
<br /> �-n"T be severabk.
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