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<br /> paymwt�t m�y tto lan�er bo roquirod,�►t the�►(Nlan af Let�ier,if mortp�ge insurance covrrage(in tho a�nt�u�d fur the perT�
<br /> thu l..ender t»�ulros)pmvldod by an inRUrer appmvecf by Idnder rg�in t►ccomes�vail�ble�nd fs ob�rinnf. 13otmw�er shell �y _
<br /> the premium�roqulrod to m�inaln mortp��insurancc in cftec�,or ta provide a lou reserve, unNl the requircment for rn�n��ge
<br /> iniunnoe end�in�rd�nce with�ny wNltei►�reement txtwan Borrower eu�d l,erKier or�pplicable law.
<br /> �, Iropectlon. l,enda or it��gent nuy m�ke reiuon�bla catde�upt►n uxl inspections of the Prqxny. I.erxler slall give
<br /> Borrower naloa�t tha time of or prlar to An inspoction speci[ying rc�uonRblo causc for tho insp�ction.
<br /> 10. Capdann�tk►n.Tho procoed� of xny �wud or clum for d�mrges, diroct or cxin�oquentltl, in conncction w{th any
<br /> condamnation or othe�laking of�ny Mrt of the Arapeny,or far conveyance in Ileu of condamnwtion,ue hereby usignod �I
<br /> shal!be pa9d to Lender.
<br /> ln the evptt of�tat�l t�kba�of.tb,e Pr.operty.tho procaeds stt�f.t he a�iied to the�umi socured by this Security Inatrument,
<br /> whether or iwt then due. with�,y axc�es,s pai,d to�ormwtir,Ra ttra Gvcn.e af A puti�l taking of the Propeny in whicri�he f�1r
<br /> muket vdue of iho Ptopetty irxa�aed�X bef.�t4e t�tic,�is e+qu�tQ�r gr.eater th�n the anx►unt of the sums securcd by this
<br /> Security Inttcument immodiateEy before the tatcing,ualesa Barowet and l.ender aherwise�gra in wdting, the su�►�,s secwo�by
<br /> this Securitv Inueueueut slult be reduced by the amnun� o�tEie proaeds multipin¢d by tbe followiiut fr�ctan: (�}. tAe tcx�
<br /> am�c►ne�£t�.s.�n �es.w.�ed Ersr�nediately before the tab�eQa.eli�!!rf �?;� E��.�rkes �alue of tho Pro�xr'r' � � " 'p
<br /> before the tating. Any balar�oc shxll be p�id to Borrower. In�e avenc o8��+artial talcing of thc Property in wh� rt� �au�
<br /> m�rket v�lue aft 1de Froperty�immediucly before the tiking is Itss thm cde amount of the sums sen:eed jmnxdiaitely brfore tNe
<br /> t�icio,�,unless Borrowee u�d lrander otherwise agree in writina or uniess applicable law ot6ecwlte provides,the�m000ds sfudl
<br /> be�pplied to t2►c wmt aocuted by thii Securiry Iaotrutr�a�t wbether at not the swm ane kdet►due.
<br /> rf tt�e Propetry ia ab�ndonod by Aorrowers or if.aftcr noticx by I.ender to Borraw�er thu the condemnor offecs to make u►
<br /> awud or satle �claim fa dun�gea, Borrower fails to r�espond to l�ender within 30 day� afler the due the naice is given,
<br /> l,endtr ls aulhorized to aolloct�ad apply tbe prnoeods,as its opUon,either to restonuion or repair of the Propetty or to the sums
<br /> socured by this Securiry Inauument,whethe�or not theu due.
<br /> Llnless Lader snd Borrower otlkrwiu agooe in writing. mY �pplicuion of proceeds to pdncipal shall nos extend br
<br /> pasapnne the due dut of tLe mon0ily payments roferrod to in puagraphs 1 u�d 2 or chmge the�rtwunt of wch papmwu. -
<br /> 11.Bomowv Not Itdr�sed:Forbeanna!gv I.�twler Not a Wdver.Extension of the dme for navment or�ndificatim
<br /> � of amortiz�tion qf.the�u�w aocurod by this S,ec;urity Lutrument grrnted,by l,ender to�ny suocessor in interc,�t of Boriqwer�sfiall � ,
<br /> ncx nperue to r¢7e�se the liability of the��r�,;;;inn1 Borrowa or Borrow��r"�sucaasors ln intec+cst, l,ender ahtll not tre rrquii�ti3.'�,� .
<br /> oommeaoe proce���j�ngs•sgxir,R:��1ny.RUCC��.�sdt in inte:rest or refuu to e:2tia?,d time tor p�ymeat or otherwise modify upottizatian.
<br /> of she wrm secutai.by-t�8.s 5ecurjiy [ritirumeat by reason of any d�mand m�da ¢y the origi�W Bormwer a�.Bor[ciwer'�
<br /> sucasaors in lqttar�x. Any Fcvbcnriuur,by I,ender in excrcising any dgfit or remodtjr shall not be a waiver of or preclude the
<br /> eaercise of uUr..!ri3h.t or remedy. .
<br /> 12. Succt�sots a�d Aa� Bonndc dmiat aad Several LiaE,d�19,; Caai�nen� The covenanu and ag�+eemeau of [bis
<br /> Secutity [nauumeat shall bind and ber�fit the suecessors and asstgils .�t�du and Borrower, subject to the provisans of
<br /> p�i,�capt� 17. Borrower's covenants aud agracnents sh�.ln �b�o;oint �rid aeveral. .4ny Aorrower who co-sign� .tbis Securiry
<br /> I�i�trui�h�nt but doee not oxecute the Note: (a) ia co-signi�g.th►s Secslrity Instrumeat only to mortgage, 8rant�ncl�onvry thot
<br /> Borrtiwer'a iut�r�est in the Properry under the terma of thh Socuriry�;nstrumear, (b) a not person�lly obligated Ca,.,�p�v thC suams•
<br /> secut�ed by t6��.�ecurity Iruuument� wd(c)a�rxs+�u I�ender wrd u1Y oth�x Borrower may agrer io r.�tead,modify,foxbeaj�r•or �
<br /> m�ke any aooummodatana wQ�t!►rcgard to the terms of ihis Socurity Iriattl7ment or the Nae without ilut Bornower's oonxnt. "., �
<br /> 13.Lo�i�,�Chlina. ]f•ihc.'�an securod by this Securlty Inscnunrni�i subject t��taw which seW ra�ximut�•loan chuga,
<br /> aod that law is.fiiWly uuerpretod so t6u tl�ee intet�est or oir,er lou►r.�f��es oollectcu ar to be collected in�zc�io,a with tLe
<br /> loan exaal t!�permitted limit�,thao: (a)u�y such law ch�e sh�l he roduood by the amouat neoesury to refiuee We chacae .
<br /> co the parnittaci limit;and(b)any aums alceady coilectcd favm 9ar�rower which eucaded pamitted limita wiil ix rtfunded w
<br /> Borrowa. Lender may cl�ooae to make this refund by redueing the prineipal owed under tl�se Note or by m�tking a diroc�
<br /> p�Ym�att tu �rrowu. If e r�fuad reduoa princip�l, .tht rrductian will be uaued a� a p�rti� pnptymier.t without aoy
<br />= prepayment chugc w�der the Note.
<br />- lA.Nottces.My padce to Borrower pr�avided for in t�is Sa:urity instniment stull bt given by delivering it or by m�ifict� .
<br />�, it by first olass niail unless applic,�ble law raxui�a use of uwther��thcxl. 'I'he notice slull be directed to tLe Propecty Adt�ixrss ' •
<br />" or �ny at�sr acic]ress �orrower daigaates by notioe ta l.�a►der. Auy notia to f.a�der ahal! b� aivea by fint cltis ro��l to
<br /> � i�eader's addresa atued herein•or�ny ather address L�,tuddr dasignates by notice ta Borrower. My notice provided for in'tibi�, . -
<br />� Security Inatcumen►stu116e c�eemod to have boa�givea nn�3nrrowa or L�kr whem glvea u providod in tbis pa�r�rnph. , �
<br /> J 1S.GoverntnK Luw; SevenWNty. T6is Security lautrumant shall be Eoremod by feder�l ltw aa1 nN►c larr �f ithe'
<br /> } jurisdiction in which the Properry is locued. Ia the event thu u►y pro��ASion or cl�uee of thi�Sacurity la�uumrnt or the l�o�c
<br /> � conflict�with applicable l�w, such cuntlict s�1W1 not�ftect other proviaioiu of thit Socurity Instrumeat or the Na�tc which c�n be
<br /> }' given effoct wit6out the conflicting provislon. To this cnd the provistona of thia 5ecudty [nstrument atid c�z I�.urce are declued
<br />�? to be aevccabic.
<br /> ( lf.Htxrower's Copy,Borrower sh�ll be givcn onc confonncd copy of the Note u�d of th[s Secudty[nstrumcnt.
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