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<br /> � - 106.561
<br /> pa��mcnts may no lon�cn c�requlrecl, nt thc option of Lendcr,if mc►rtgngc insurance covcrage Q►r the 98 nt and for thc period
<br /> that Lender nquires) provided hy an insurer approved by Lcnder agein becames avail+�blc and is obtAin�d. Borcc►wer shall pry
<br /> the premiums nquircti to mdntain mortgage insuru�ce In effxc,or to providc a loss r�serv�,until the reyuinment for mortgage
<br /> insur.ance ends in accordac�ce with au►,�r written agreement betK�c�n Borrower and l.ondcr or a��licable law.
<br /> 9, luspectia�, Lender or i.ts�gozr.t �+�ary make�easonable en.tcica upon and i�spei:tla�c+s s`r� f'ra,�,.^rt};.Lendet shall givc
<br /> Boxx�wer nc�aict at thre tim�of�r��,�c ta an in3�ecticrn sp�cifyAng reasonable cause f��r tt�ic�spectaan.
<br /> lA, CQeedenmm�tfl�n. '�'he proceeds o6 any awaa-rd or claina fox damages, dineet or consequeanciaE, in�yoncaec�iorn w�a.h any
<br /> condemnatEon or other taking af any par�of the Y�ro�ny> or fom conveyance in tieu of oondemnatnon, are hereby a�signtd au�d
<br /> sAal]'�e�sa;od to L.cnder.
<br /> ln i'he cvent of a totnl taY.ing oE r.i�r,1F'tatperty,the proceeds shaBl be appDicd to the surr�s:;cx:,�ac�d by this Security dnstrum��t,
<br /> whGther or not then r�rjt, with anY �r,c�•ss paid to Barrower. In the event a!a partial ta�:r�g c�'i��e Propeny in whic!►tho fair
<br /> market valua of the fb'r.�petty immediatcly befar,e a5e t�king is cqual to or gseater than thz.aiaiaunt of the aums secured by this
<br /> c.r��.;r.,InctP��upt�n1nrtiiAlGly befoTe Ihe tcilci�z��,v�less Bonower and l.ender otherwise 1�r��t in writing, the sums secured by
<br /> ., _.._.
<br /> ihis Set�vr.�ay Instrumenl shail be reduced by the r«ramuni ��t:+,.: prrxr�:ds multiplied h3� t3�� foltowing fraction: (a) the total _
<br /> Amount aJ'tk►t sums securcd immediately before aho 2akin�,d�tii:?c�l by (b) the fair msrkCC value of the Properry ia�neneN3acefy
<br /> 6efore the taking. Any bal�nce shall be paid t� G3anvw�.r. Ir. ;h•4 event of a partial taking of the Property in wh3cSi ttne fair
<br /> market value af che Pcoperty immediately bcfox��hc ��akin�i�Ic�s d�an the.:�r<x�unt of�he sums securad.�r,�.,�?zdiatoly hc"ro.n the
<br /> taking, unlcsa Borro�x•��and Lender otherwise•agaec inw�ridng or unless aF,ylicable law otharwise pr��ri:?�,,the probced.�s�►a11
<br /> be applied to the si�ms sccural by this Secudty Jnsirurnent whether or not tha sums are then due. �
<br /> If the Prape�ty�$�abamloned lnj;:i�enowor. or if, aher nntice by Lender to Sorrower,r!ia.�t the condemnor offers to�nake�n
<br /> sward or settle a C]Ssim i�yr•cl�n�t�es, 'Borrower fails to respnnu to Lender wlthin 30 days aftei the �Ite the notice is given�
<br /> Lender is authoe��rEC1 to collect�ncl•apply tlu proc;eeds,wt its option,either to nstaration or repair tif tlae Prc�perty or to the sums
<br /> secured by t'hi�S'e�urity 1•osts�wm�errc,�vhether or not then dut.
<br /> U�1esa'Lendcr �c:d.iF�orh%uer otMe�wise ;�gree`in w�itn�n/�� ar,y apPlicatioa of proe�e�'.s ia �primcipal shall not ottend or
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<br /> ErvSiyC��CTC"i•i�uuu!v a�w v�:;tv G'.:�:;;�Y1r».,.,"".:���:�xs�+i r� :°.'_i^.:r rse-a�hc a ae,�2 or ch9eae aR�c ara�ln]•m'1 svxh D�Yri1e.r.15.
<br /> li.i�curowri�rfot RdeASed; ��>rbeyca�n'�'e l�y u,d�da'�P+�a WaiM�*'..F.,�tension of the titc�f��.�u��:rcttent or modi�cation
<br /> '� of amortizAtion of the suttu socured by thi�5ecusity�mstcument gcantal by i.�:.rder to�ny sucasaor ia�:n�ne9t of Bonrower slWl
<br /> not operate to release the liability of the original Borrower or Borrowcr's sucassors in interest. L.endci sh�Il not be cequirod to
<br /> ca�unenoe proceedtngs agalnst any succ�ssor ia interost or refuse to extead tlme for pxyment or otherwlse modify amortiz�tion
<br />- of the swms secuttd by thla Securlty Instiumenc by reawn of xny demand mu►ie by the udginal Borrower or Borrawer's
<br /> = succeswn in interest. My for�ear�nce by Lender in ezeecising suey right or remedy shell not be��dver of a prxlude the
<br /> - exercise of aay ri�ht or rc+maly.
<br /> = 12. 4uecerors �d Aul� Bound; Jdat u�d Sereral Li�Wlky; Co�eers. Thc cova*unts�nd utna�rneats of this
<br /> Security InKrument sh�ll bind u�d beneCt the sucaeswn uxi usigas of L.ender �nd Borrower. subjecc to the provisia� of
<br />— par�r�ph 17. 8orrower's covenu►ts orid �gramrnts ah�ll be Joint �nd sever�l. My Bortowar who oo-sipu tbi� Savdty
<br />— Iaat:ument but dcks not execute che Note:(�) is co-�igning ihis Socurity Instn►ment oniy to mort��ge,gr+un aad oor►veY th�t
<br /> ,. Borrower's inte�+e�t in the Pcoperty under the tcrnu of this Sa.vrity lnstnimrnr,(b)is not pe»onally obliguod io pRy�be swm
<br /> - s�cured by thia 5ecurity Instrumrnt:�nd(e)ngrres that Lender and any ocher florrower mry�8ce� to ex�end,�nodify,forbev or
<br /> � malce any aocotnmodAtlons with regard to tbe termt of this Securiry Insttument or the Note without thpt Borrowet's oc�meat.
<br /> �' 13.I.ow Cf�a. if the lo�n secuted by this Securiry Insttument is subjoct to a 1Rw which�ets manimum lo+m chuia.
<br /> '�� ud that I�w ii fin�lly interpretal so that tt�e interest or oiher iwn ct�ages oolloctod or to be oollated in�ioe wit6 th�
<br /> e;�
<br />=: loan excad the permittod limits,then: (a)u�y such lou� chuge:hall be reducod by the anwunt nootsa�cy to reduoe the c}urBe
<br />��`; to the permittod 1[mit;u�d(b)�►y surra �Iready coilectod from&►rrower which exeealal permittod ifmits will be refiu�dod to.
<br />'r�` Bormwer. Lender rruy choose eo m�1;e [hi� nfund by reducing the principxl owed wider the Noto oc by m�cing a dlra�
<br /> '' paYment to Borrower. If� nfw�d reduoes princip�l, the roduction will be treucd u � partul prepaymrnt wlthout wy
<br />� prep�yman chuge under t6e Nae.
<br /> 14.Notka.My notia to Borrower provlded far in this Security Insttument sh�ll be givea by delivering it or by mtiling
<br /> � it by first cl�ss m�il unless applicabie law roquira usc of another method. The not9ce s1Wi be dirated lo the Pmperty Addras
<br /> + ur any aha �ddreu Borrower design�tes by ratice to l.ender. My notic�c:to L�erider sh�)1 be given by first cl�s m�al to
<br /> LenJer's addass uaud herein or any ottkr addnu Lenckr designatGC by nc►tice to Aorrower. Any naioe provided for in this
<br /> Socuriry Instcument sh�ll bc dccmocl to hive boen given to Borrower or Le�Mer when given as provided in this pu�rip4.
<br /> ' 15.Govard►►y I.avr; Sc'rerability. This Sxvrity Instrucnrnt shtll ba govemod by foderal lew uKi the law of tt�e
<br /> �. jurisdiction in which�hc Propetty is locatod. Yn thc cva�t that any provision or clAUSe of this Security Itutcument or the Note
<br /> +. coMicts wlt6�ppllcable l�w. such conflict shall uot affoct other provixions of this Sncutiry Insttumrnt�r the Note whith c�n M: � �
<br /> , : givrn efioct without the confllcting provision. 'To thi�end ehe provfsions Qf this Socurity Insaument ond the Nae ue decl�red
<br /> to bc scvcrsble.
<br /> ^ 16.Baronet's Copy.Borrower shsll be given one conformal copy of the Note u►d of this Socurity Instcument.
<br /> ' ��n�C''��
<br /> � �-BV(NEl If1t 21.0� ►q�a°r e vuew:b,t- ���
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