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<br /> pwymenta may no longer be requirc�l,at thr r��ifnn ai I.eixler,if marl�rgt insuronce coveragc(in�ho urrKiunt�xl for the period
<br /> that l.ender roquires)provided by an imurer rpproved by i.endu ag�in bcromes av�il�ble smd is nbtainai. Bormwer sh�ll pwy
<br /> the prcmlums rcquircd ro m�intni�mortgege�murence in cffect.c�r to pmvi�'1e e locs rcservc,�mtil thc reyuircnxnt for mortgage
<br /> , insurana rnda in rccordxnce with�ny written rgraement be�woen Bornwer arnf l.endr.r��r npplira�ble law.
<br /> 9. fa�pectioa. l.ender ar its�gent rnYy malce rcu�nNble entries upon atxl inspr.ct�ons nf U�c E'rupeny. l.crKfer stull givc
<br /> Borrawer naticeµtfie time of or priur tu an inspaCian spa:ifying rcawnablo r,�uFe fnr q�e inti{►ection.
<br /> 10. Cc►ndann�tMn. The praooeds of�ny aw�rci or d�im for d�rqegcs, dir+cct or cansequcntiei, in wnnn:tivn with :iny
<br />: rnrdemnallon or other tuking of any pan of the Propeny,or for cY�m�eyi►nce in lieu nf condemru+don, arc hereby ussignecl nnct
<br /> shell be peEd t.�E�e�xler.
<br /> In thc ctire+�:r�f.a�to�ul tnking c�f the Property.the procoods sha11 I�o nppliai to the sums sccurai hy thin Security Tnstcunxnt.
<br /> wheth�r cx tx�l:th�ce d��,.with any eaces.c piid to 6orrower. In the evGe�t of n paniat taking of the Prape�tiy i.rr wlii.cf�the fair
<br /> . nza�r.kee va[we�tU�[�r.operG� immali�tely before the taking is equar to.Jr.��rcutcr than the anx►unt of thc su,.ns:,cxurnci:b�r this
<br /> Security jnsr.r.u.iz�em i.inmadiatsly 1►efore thc teking,unless Borrow�r and C.enrlr:r othcrwise agroe�r.i:wre.ting,rhe sums sxunxf:by
<br />� this Securiry Instrutneeu sha11 be roduced by tht ur�ount of the pr.oceecfs itncG:i�i�ec1 by th,e faf[owi.ng 6r.actior►: (a}� the kdKl
<br /> �wurtt uf the sums xsun:i! immed��!tely beforo the �Aking,diviAecf by cb} c[�e 6�ir inarket v�fv,e oE r.he Pr.opecty imn�aciiately _
<br /> �. ' i;,•�foro the tu{cing. Aciy GKtr�c�stwll b�:pnid;o Oorrower. in tha �:c:zx cf a par,r,�aJ.�king cf t[te Propcz�g ier. �he_h th� Ssir
<br /> � er.�:�rka value of the Property i►nmediately before the uking is less k0un uhe:xmo�au�'�•.�f the sums secured immuli.a�ce[y faefcrr.c��C
<br /> 3 'tnking,unl�ss 8orrowor and [.ender atherwise agrct in writing nr unlcss�alicakll•e 9aw otherwis�e provicies,the pra�oods s.h�.�9.
<br /> be applied tn tFee sums securod by this Sa.�urity Instniment whet�cr c�c rw�:the vwc�ex&te�hen due.
<br /> � [f the 1'roge�+is abx�cioned by Horrower,or if,afler notia'by I.�nde�'�a Br�rc,wer that the co�xicmroa+r otte�s ta m�Ar�.,ti;, �
<br /> � awud or settle a claim fa,•;8smages, Horrowtr foils ta rtspond to Lerxkr witQr,i,i_t��l days after the date the notice is givm. _
<br /> Len�er is nuthorizod to vc�lita•t u�d apply the procads,at its aption. either ta restori�r�.?n or rcpair of che ProNerr,r vr to the sums
<br /> securod 6y this Socuriry It�t��ma►t.wEre1►ter or not then due.
<br /> = Unless Lender and Barrower orherwriytc agra in writing. �ny�pplication of proceocls to principai shall not extend or
<br /> � postpone the due dete of the 1t�onthly����e�ents referred lo in paragrephs 1 uxi 2 ar change the a�nt of sueh paymmts. _
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<br /> t 11.Borrowter N�llttrdkNped;Forbear�nce By I.rhder Not a Wdver. ExUeir�sicrn of the time for pny�►xnt ar modlfication `�
<br /> x V/�iai�i.Si3v�1 5�l�1••••••••'.•.•• • � C '� e t ^ n � ,. r tn �ct rMCCn � � PrWWfI �`.f RAWrI'f.�lll�� .
<br /> .,,,.����.,..,-�.r�ts°tki�..xur.t°In..snus�-.a:.a:a..teQ�S l�..�..e. ...an _s___...._r�n:r.t----•Y•.�±--
<br /> not operate r.r�,�dease thc liabiliry of the origiml Bomower or Borro�wxt'.'s sucassoes in inter+est. �ea�der shafl ry��t�e t�q�ir�d.tv
<br /> oomrnun�p�r:�:4�ulings against eny sucoessor in inlerwt or refuse r.���e?:�-::rt¢time for pa�rment or aGherwise mod+fy ert1cH11�N!»>n
<br /> of the sornr -x�ir�red by this Socurity Instrument by reason of a�a� c��:,mand made by the originel Bortnwer Qt,Bortd;ryea��.
<br /> suuas:ors in interest. Any forbautuwe by [.ender in cxercising any right or r�emcdy shall not be a waivu�s���o.Y:;�pt+a:l�de the
<br /> rxercise of�ny right or remedy. • � '
<br /> 12, Sncxn�ars Nsd As�ns dound; ,WIM u�d Several UwbYity; Casi�rni. The �bvr�4v►ts and bgn^enients of this
<br /> 'Security liuwmem shall bind air�d be.nefit the suooessors and sssigns of L.erder ud Aormwr�r.,„i:b�oct to the provisions of
<br /> �t pMragr�ph l7. Bort+owor's wvenants and agroemen4t sh�ll be joint and sevend. Any Borrowzsc^�rho oo-signs this Socurity
<br /> -���I�tiument but does not execute the Nute: (r) is co-signing this Security Instrurnent only tu mortgage,grant at�d oonvey thct �
<br /> �`•� ;Ai�wer's intemt in the'P'�r,operty undec the temts of this Security Irotrumet�t; (b)is not persaWly obligated to p�y the sums
<br /> ..aewred by th�ia,Security Iniwatima�t:�nd(c)agrees that I.ender ancl any aMr Borrower may agroe to extad,nx�ify,torbar nr
<br /> malce�ny a.o�r�ntqdations with regud to the temu of thls Socurit�tnstrument or the Note without that Borruwu's cot�aa�t.
<br /> 13.l�,a�irri EC:',plNe�.IF tho Iwn secund by this Security InstrneTani is subjoct to a law which sets muimum lou�charges.
<br /> ud thu lai��s,'.friwlly irlttrprned so thiat the inte[est o�ottier la�rt'chntges collecaed or to be oolkctod in connnction with the
<br /> lan cxceed tlx pennittei}�iimits,tl�rn:(�)any such loan churge sf�91 hr reduced by the amount neoessary to ei�:lva the ch�r6c _
<br /> :ta U�e perrtriKai timit:and(b)�ny sutns,�ln�dy col0octod from B��nrruwtr which excoaded permittod limitx v���iil bc refundod to
<br /> �-'Bdrtow�er:'if_��dee may choox to m�Bc,'e ch�s refurai by reduei�►��:c?,; ptincipd owed under tl�t•Note n+r�lry.n�king a di�ect
<br /> QrY�x tb.Burrower. If a nfund rootncis �xincipat. the roductidn �vifd b� trcatod u a pMniti� Pre�jman witlaut �ny
<br /> �'� ':,:'�pymenc ct�e unda the Nac�. , . , �,�.`. _
<br /> � 14.Natka.Any notice to Borrower providod 6u��r'�e this Smiriry Iiusrum�a:u s'}i1�be given by ddivetin;�;it or by amiling
<br /> ' �-'.,,��i',�y first clsaa m�il unless applicable Irw roquires usz of anolt�rnethad.Tbe�.(i���s1m11 be directed to the Propaty Addtest
<br /> 'or any ahet sdd�+ess Borrower design�tes by,notice to [..aider. Any naioe to l.e�der sh�ll be given by first claas i�ud t�
<br /> t.ender's n�cittss st�ted henein or any o�ha��ddc+ess Lender deYignates by notice to 8oirovv��. Any notice pmvided fur im tiTn�'s-
<br /> Sa.�urity I�t�4,�,mu�t sF►atf 4+�.damed to huve ban givea�to Borrower a i.enckr whrn given u provided in thi�para�nKph. �' � .
<br /> 15.C,o�ti� I;+ijvih,: ;�;everability. This Sxurnry Instcument stull be governed by foderal law am�f the law oi tho • �
<br /> ,�urisclictiprt Ir��vhich thb'iPniperty is locatod. In the cwcnt thac any provision or claue of this Savrity InsttU�M or the Note ' ".�
<br /> pmQices Mr;ielh,,;�►licable law.such rnnflict shall rpt,a��t ock�er�rnl��i+ioos uf�his Socurity InanT�t or the 1Vote which can be
<br /> �ivtn'rt,lfQa.�:��+�.sr�rut the conflicting pmvision.7 a thiv��ttte!th� lonah4i�siams of thi�Savriry Inaf:ru»�ery:and thn Note u+e declarod
<br /> ,Ay>tte•s�Sr.rs�::�::, . : � �
<br /> .�I �'`"`•!a3�i�Jbk�u;��wer'a C�r..Borrower shall be gi.�rnr m�e rcmnfornbd copy of the Note and oF this Socurap•liir.sttumait.
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