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<br /> paymentti nuty nn Innger be rcquir�d,�it�hc option of Lcixlc:. if nx�rtga�c insura�xc rnveruge(i�t'hc ana�� ur perlod
<br /> Ihat l.enucr rcquirrs)providecl by an ansurcr upprovcd by I..endcr agcdn becomes available und is obtained. Borrower shall pay
<br /> thc prcrnium�roquired to nwintxin m�rtgage insurunce in effect,�r ta pmvide u loss r�servc,until thc rcyuircrn�nt far mortgage
<br /> Insuruixc ends in ucrarduncc wtth uny wiitten ugrc�mcnt bctwcrn eurrower uixl l.endcr ur applicablc law.
<br /> 9. Inspetttan. Le�xlcr or hs agent nu�y���xke rcu�nablc cntrlcs upan und inspcctions of the Property. I.cncier shall givc
<br /> Borrower notice at tht tinx of c�r prinr to an inspa:tion spocifying reasonable cause for the inspection.
<br /> 10. Cantkmn�tlon. The prouetds of uny uward or claim far de�nages, dircet �►r consequcntial, in cannection with uny
<br /> condcmnation ar uther taking of uny pA��f thc Property,or far canveyunce in lieu of rondemnution, ure hcreby assigncd nnd
<br /> shall be pald to I.ci�der. ,
<br /> In tho event af a tatal taking of the Property,tl�e proceeds shull be applied to ehe swns�ecured by this 5ecurity Instrument,
<br /> whcthcr or not then due, with t+ny exc.ess paid to$orrowcr. In thc event of a partial taking of the Property in which the fair `
<br /> market value of tha Property immediatcly befnrc the taking is equsl ta or greater than thc umowit of tho sums secured by this �
<br /> Security Instrumant immodtatcly befor�the taking,unless Borrower and l.endcr otherwisc agroe in writing,the sums 5ecural by
<br /> this Securlry Instnunent shall be reduced by the nmount af the pruaals multipliod by the following fracd.on: fa.) the total
<br /> a[riount of the sums sec:urod immediately beforo the taking, dlvida! by(b)the fair market value of dTC Prc,{�e�ty immodietely
<br /> before the taking. Any balance shnll be paid to Borrower. ln the event of a partial taking of thc lFro}�eit}• in which the fair
<br /> market value of the Property immediatcly befare the taking is less than thc umount of the sums secure�i.mmediately b�fore the
<br /> taking, unless Borrower and Lender otherwlsc agrec in writiag or unless appltcable law otherwise provides, the procads shall
<br /> � b� applied to thc�ums securaf by this Securlty Instrument,vhether or not thc sums arz thcn due.
<br /> (f thc Property is abandoned by Borcower, or if, after natice by Lende�to Borrower that the cocudemnor offers to makc an
<br /> award or set[le a clsim far drunages. Borrowcr fails to respond to 1.ender, nithin 30 days after the datc the notice is given,
<br /> • Lender is authoriza�ta collect end opply the proceeds.at its option,eithe�a co�M•avtoration or repair of EkRe Property or to the sums
<br /> secured by this Security Instrument,wtxther or not then due.
<br /> ' Unless Lender and Bonower otherwise agree in war.i:�g, any applicution of proceecis to �rincipal shell not extend or
<br /> postpone the due date of ttte mortthly payments n;ferred to i�e par�taphs l and 2 or change the amoun�c�f such paymsnts.
<br /> 11.Borrower Nat Released:Eo���rwaC��y�.tnder l�ot a�'1'�i�"Px,Bxtension of the time fo�r�nyment or modi�cauion
<br /> • of amortization af the�ums secured by this S�c.r.ir Instrume:rit granted b�;',Lerxler to any successor ire i��aerest oi liorrower shaii `
<br />� ' not operate to release tAe liabilii:yr of tiu original�orrower o�n Fs,*srower's successors in intenst. i.ender shell not be nyuirod ta
<br /> t cammence praceedings against��a3 si�ccrssor in interest or re+f��to extend time for payment or otherwise modify amortization
<br /> .'t of the sums securai by this Security lnstrument by reason of any demand made by the original Borrower or Borrower's
<br />.� successats in interart. Any fort►earar►ce by I.ender in exercising any right or nemedy shall nat be a waiver of or preclude the
<br /> .�;� exerciso oF any right or remedy.
<br />'� 12. Successors and Aas{gns Bound;Joint Q�d SeverAl Liability; Co-siqners. The covenants and agraments of this
<br /> t Security Instrument shall bi�xl and ben�fit the successors nnd assigns of Lender and Borrower, subject to the provisions of
<br /> .°; paregr�ph 17. Borrower's covcnants and ngrcements si�all lrc jaint end several. Any Horrower who co-signs this Security
<br /> � Instmment but does not execute the Ncxe: (a) is w-slgning this Security Instrument oniy to mortgage. grent end cunvey that
<br />� Borrower's interest in the Property under the terms of this Security Instrument; (b)is not personally obUgatod to pay the sums
<br />`�,�J secuted by this Secarity Instrument;aixl(c j agroes that Lender and any other Borrower may agree to exte»d,madify.forbear or
<br />.� makc uny aacommodations with regud to the terms of this Security Instniment or the Note without that Bonower's consent.
<br /> �•�T 33.Loan Ch�rges.if the loan secured by this Security Instrument is subject to a I�w which sets maximum loon chuges,
<br /> �i:v . urc!that IAw is finally interpreted so that the interest or other loan chargcs collect�cl or to be collected in connoctton with the
<br />+��' loan exoad tt�permitted limits, tlrn:(a)any such loan charge shall be rtduced by the iurwunt necessary to redua the charge
<br /> �' to the pemuttal limit:and(b)any sums alceady collectod fmm Borrowar which exceeded permiteed limiGg will be refunded to .
<br /> °i; Burrow�r. Lender may choose to make this refund by recliicing che principal owed undor the Note or by making a dicect
<br /> `- payment to Borrower. If a rcfund reduces principal, tA� reductinn wiil be trcated as a partial pnpayment without Aay
<br /> ��� pnpayment cfuirge under the Note.
<br /> " ' 14.Notkas.A�y noticc to Borcower prtrvidal for in thls Security�n3trumcnt shall be given by de➢ivering it or by mailing
<br /> �-, it Jr}fitst class mt»��inless applicable law rec�il�^�s use of nctalher metho:l. The notice shall be direct�ei'ca the Prope�iy Address
<br /> � oc�rn� dher addrcss Borrc�wnr des:�nates by notice to 4.�..°nd�r. Any noticc to Lead+:t shall be givtn by first Qhn�s mail to
<br /> ; LerrSer"s addrcss stated her�in r�r any ather address Lende:•dtsignates by notico to Bonnwer. Any notice providod for in this
<br /> ; Security[nstrument shall be dcemed to havc been given to Borrower or I.ender when given as providal in this paragraph.
<br /> 15.Governing Ls►w; Severability. This Sbcurity Instrument shall be governad by feder�'l �I�w and the law of the
<br /> ' jurisdiction in which the Property is located. Sn the event that ciny provision or cluusc of this Securiz3,• Instruuxnt or the Note
<br /> ; ou�.�:uts witn opplicable law,such conflict shall not affect�3her provlsions of this Security Instrument or the Note which can be
<br /> g:z��dffect without the wnflicting provision. To this e.��:h:provisians of tlus Sec�sn*y �nstniment and the Note ure declured
<br /> to be severable.
<br /> • 16.BOl'rowee'e Copy.Borrower shatl h�given one conformed coPy of the Note and of this S�cur•i�;�:Instntment.
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