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<br /> pwyments mwy no longer be rcquirccl,at the i�tiun af Ltnder, if mortgagc insurancC c:�veragn (in the��rtxwnt and far tht period
<br /> that Lender requircs)pmvided by an inaurcr�ppmvaf by I.ender wg�in becomes A��Hilebla+�ixi is c�idned. Hc�rrower shYll p+�y
<br /> the premiums rcquirod to maintain rn��rtgMge ins�ruicc In effect, or to pn�vide a losv roscrve,until thc rcquirement for mori��ge
<br /> i�curance Gnda in ace�rdx�x�e with Yny written e�rennem lxiwcxn&>rruwer�ixi f.encier or appli��blC I�w.
<br /> g,In��xcRion. Lender ur its agent ttwy rrs�ko ixa�orwble enlrie�upon wrd inspectiuns pf the Propeny. I.ender.rhall �ivo
<br /> Horrower notia at thc time af'ur priu�•zo an ira�ilun��:.clfyisi�rcasanablc causc far tltc ins�rclion.
<br /> 10. Conde+nnatbn. 'l?�e proceals of�ny aw�rci or cl�im for cWn+y�es, dire+:t or Consequenti�l, in a�nnoctic�n with any
<br /> condenuwtiau or Whcr taiing of m►y p:�rt of the Property, or for a�nveyance in licu of 4ondemnecion, are hercby assignai and
<br /> r,h�ll t�e�►id ta i.axler.
<br /> In tl�e event af a total t�i:ing of the Property,Ihe profioeds sh�li be upplied to�he surns securcd by tf�is Sacurity Instrument,
<br /> whcihcr or not then duc, �vith noy exass�id to Aarrowcr. In the event of a psrtinl taking of the i+roperty in which thc tair
<br /> mwrket value of the Property imnu�llately I�elara tha taking is cquu! to or gr�ster thsn ttw emamt of the sums socurai by this
<br /> Socurity InstNment immediately 1►eforo Q�a t�king,unleas Aormwer Anci Lerdor othcrwisc agroe in writing,the surru sexured by
<br /> tliis Sccurity (nstrument sl�all lx rociuood by the amnunt of the pmi.bod� multipliod by�he f'ollowing (i�ction: (a) the totd
<br /> amnunt of the surns sscurod lmmodietel�hofo�tho taki��g, dividaf hy (b) thc fair nwrket vxlue af the Property immodiately
<br /> befOr,e the taking. Any bnlancc sh�li be�paid to BorroN�er. In tt� event of a pahini talcing of thc Pmpertyr in which the fiir
<br /> market vafuc of ttie Pra+e�ty imrmdistelv beforc the uking ic less than the amount of the wms securod iuz�xnediately before the
<br /> tnking,untess 6brrower ar►d Lender otherwisc ugree in writing or unlcs.s applicable law otherwise provic�es>thc proc�+ods sk�U.
<br /> be ipplial to the sums socurod by this Socu�iry Instru.ment whether or not the sums are then due.
<br /> If thp Pi�c>perry is abarnioned by Borrowcr. or if,�ftcr ratia by Lerdcr tu Bonrawer�hat the coadcirmor o�'fers to m�te an
<br /> award or sctlle a claim for darnages. Borrower f�ils ro rrspond to Lender w'r.t1�i� 30 days afte� the ci�AC the notiue is given,
<br /> Lender ie a1►thuriznc!to rnllect and�pply the prc�oeals��t its option, oither to res���r�kion or repair of�ye E"ro�OC�ty or to ttw sums
<br /> securod by tliis Sccurity instrument,wi�etner or not tnen au�: .
<br /> Unlu�s I.erder and 8orrower othcrwise agrce in writing, a�,� app�icyti�+y�;f procetds to principal shall tat extend or
<br /> postpone the due date of tt�e mon!hly pavments nferred ta in pa�s�Z�7..o'r tifiange tha arnount uf such payments.
<br /> 11.Bonr�wer Not Itclea9ed;Forbearanc�Ily Lritda'Not a 1iYaiva'+�s.xtension of the time for peyc�{or modifcauion
<br /> of emortizetion of the sun�:�socurod by chis Security l�utrument gcar�ted by l.�t(ailer�[o any suocessor in inte�nh m'Y,Horrower shall
<br /> not operate to release 1tx liability of the original Borrower or Hor�crsp+et'+s suc�^�q5c,rs in inurest.I.eider shall•not be�+equirod to
<br /> commence pn�eedings against eny sucassor in imerat or refusc��n��;xtend tirfw'Cor peyment or otherwise modify anwrtization
<br /> uf the suMis secare¢�by this Security lnstrumenl by reason o►�m�y'dcmanf};{�+c uy uK ��ig::W �Or:�'��' �T a'�•"=''`-
<br /> . �sucoesso�'h��;i�i a�rY°ty�h;;nio;�;:;orbearanco by Lerwder.+sm e,�ercising�ny right c�r.:a���;iedy shalf not be �w�ivet�f or proclude tLe �Fj,
<br /> qxerclse��>a�n�;R��1!1,N�TCtarl�cdy. • � J �>;r,•' ,`''
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<br /> � 12.':!5,l'iei+v.t�m!ir�•.�'n!1 �ssi�ns 1'Nw�d; Joint fiaxl Seret'al l.jability; Cc�aers. '11ie opvenurts �ar�agroanenu oi this
<br /> Sa�uri�y 1e.rrrnrri,�tx,i�nt��tiaiU�bind and �cfit the succ.�essors ar�d assegae of�.�+n�lcz and Ba►av�, subject to the provisiona of
<br /> pm�agropFi ;1����orrowqr's vovenants end agroements shall be,jc�;i�rMr�nd s�vec�6, Any Bc►�e+;�',vn.x.wha casigns this Sa�rity
<br /> ' Inuruman buc does nc�l��xa.�ute the Nac: (t) is co-signing thls Securify Dusvr+i:~rit�F only to'i�io�tg�ge, �tant end comiey thtt
<br /> liomower's interest in tNc Pcvperiy u�Kk��i;�temts of this Sncurty Instn�m;..,`}?:;;r�:��at r.ct Fersona!!y�!i�;�t�oc{'to pay thc sutaa
<br /> sxurod by thia Security InatrumaN�+ud(c)�Beea th�t I.eocler and any other Bcrruwu in�y agra to extend:•modify,fofiear or
<br /> melca�ny�ccarunodationt with regard to the tarms of this Sxrtrity lnatruma�t or the Note witfiout tht B�rower's co�att.
<br /> 13. I.ar CY�'�er. Xf the�oan socurcd by this Socurity Inuniment is subject to a liw which sets maximum lo�n cl��l•�es.
<br /> and th�t law is fiaally interp�+ded so that the interest or aher lan charges oollected or In be collected in oomection w,INf t6e
<br /> '- lo�n exoeed the pernilaed limita. then: (a)anY such lan charge shall be reducrd`by the unou�t naoessarY to rodua the clurEe
<br /> ,to d�e permitted limit;snd(b)sny sums alre�dy collecced from Borrower which ox�xoded perntittdd limits will be refu�xkd to
<br /> Borrowcr. I.mder m�y choose to make,this nfund by reducing ttw pri�xipal owed undcr the Note or by making a �irxt
<br /> p�yma�t ta Borrower. If a refwd 'i�atucac principl. the reduy�aion wilt bc treated aa m p�ti�l PrepoYma�t �*'itholis�t,'my
<br /> pcepoYment ctwrge under the Nae. . .
<br /> �4.Natica.My notioe tu Borrower provided for iry this Securi�y Instrument shall be given by dcliver9,ng it or by m�Hing
<br /> it by first clus mail unless applicable iaw requira use of u�tlxr method.The nocicc stull be di�zcted co the prop«ty Addras
<br /> or Any othet address Borrower designata by �wtice to I.ender. Any notice to L,ender shall be �iven by fi�t cla�e m�il to
<br /> I,ender's address swed 1xre�n or any aher adciras Lerder desigaates by naia to Bonrower.Any notioe provided fa an.dus
<br /> Securiry Instrument stull be damod to have boen givrn to B�rnowcrr.or Lende�when given as provided in this pragraph:.
<br /> • ' 15.Gorerda� [,R�v; Severabllity. This Security Insuument shall bc govemed by fodenl law ud the law of th� .
<br /> , ;,•;�,. jurisdidion in which the Pcoperty is locatal. In�he event that any provision or clause of this Security Instzumeat rn'the Note
<br /> ,.�conflicts with applipbla law,such conflict shAli not rffoct other p�nvisivns of this Savrity Instnur�t or t1�e Note which cac►be
<br /> � '' .givtn qtf&�t without thrconflicting provision. To this end the provisions of this Sa�ricy[nstcument arxi the Note ia�c del:laired
<br /> f '.'..•'..,�9 be�ar;n.rdfle. , :': �. • '�. •
<br /> ' � • � • j�;��rrower's Ca►py.Hocvn+��r�shall bo givanor�e confor►nod rnpy of t�be Note and of this SeanKrP,t?:inst7ur•`.ent. ;•''�•�
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