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<br /> _ ___�'-�--- p:►yuunt�nmy no langer be re�uirc�l,ut tho nptiun uf l.�ndc�. It m��rtgn�to inrunmca M,vcrogc qu�he umnunt und fi�r tl�c period
<br /> _ �- ""'�'' ° � that I.cader rcyui�cy)pmvtdcJ by un i►�surer nppmved by Lendcr ngaln bcromcy nvuil:�hle un�l is ubudnc�i� F�OifOWCP F�IUII�y
<br /> ±i��34� tha pr�miumu rrquircd tn uininti�{n mongaBc insuruncu in effi�;t,or to pravldo u lars rescrve,untll the�equiRment fi�r niurt�a�o
<br /> :- As►�k-r�..`� insumncc cn�ls in accv�rdnnca�vt►h uny wriuen ogrcemcnt hetwcen�urmwcr u�zd LA;ndcr nr appllcnblo luw.
<br /> ` 9. [nspcctlon. t.ender ur itx i�gent m��y nutkc rcusunnNtc entric�up�m t►ad Inspcctluns uf the Pm�,rtiy. l.cndcr tihull �ivo
<br /> �- _�_�
<br /> ��h :�� :� - B��rn»vcr untire at the tinie af or prtor to an i��specNcm Fpcclil�ing reusanablc ruusc ti�r tNa instxcNun,
<br /> � IU. Condemnmlon. Tho pna���x of nny owurd �r claim for damnges. direct nr nm�equcndi�l. in c�mn��cUon with�ny
<br /> � �`.:�;.<<-�__ condemnutiun�r uthee tukfn�;af'uny par���f the Property.ar f�r c�nveyuncc In Hcu oi'rondemnalian, arc hereby nysigncd nnd
<br /> ' ;��'`° "' shafl bc paid tu I.cndcr.
<br /> �'`� In the evcnt�f n totul Uiking af the Properiy.thq prucecds ehull bo npplicd to tho sums sccurcd by this Security Inst�umcnt,
<br /> _ =,�� n whMher or nnt thcn due, with any exre�.v pnid to Barrowcr. In thc event of a pnnli►I tuking oP thc Ptnpecty in �vhich Iho ftii�
<br /> �t ,�;: .
<br /> ;�' � ' �?;��, morket vuluc of thc Propeny immaiintcly befaro tho tnkiug ia cyual ta or grcatcr thun thc u��ou�t of tho suma securcJ by tMs
<br /> ' ' ' �"i''�� � Secu�ity lnstn:nunt Immecliutcly beli�rc�ho tukio�, unless Barroa•�r and l.endcr athenvise.�,�;��x in wrlUng.the Rumn cccumd by
<br />��:,il� ,, � �,'�H�
<br /> •. f; � lhis Securiry Instn►ment sh�ll bu n.�iucai by tho cmmunt of' the proceeds multiplted by th,ti�llawing friectiun: (u) tho tatal
<br /> , - •�,�.,..
<br /> ' ���; nmount of thc sums�erured immc�iiate.ly beforo tho talcing.divldcd by (b) the fair mnrket vcduo of tho Propeny imm�dintely
<br /> i�=� b�faro thc tuking. Any balnncc shall t+c:paid ta Borrowcr, ln thc ovent af u�arti:►1 takir� of tho Pm}�crty in which tho fnir
<br /> °..� market vnluo af the Propeny immediut�ly befaro tho taking f�le:is than tho amount of the �unf�secure,�i imme d iato ly befaro tho
<br /> 'r'- tuking, untcss 8onawcr iind Ln ndes athcnviso a�re�in writing or unless nppHcnble luw othenviso providey, tha pracecds shall
<br /> be upplted ta thu sums Eecured by thio Security instrument whether or nat the sum�nrc then duu.
<br /> If tho PrapcKy is ahh�ld��neci by Barrowe�,or if,After naticc by I.cader ta�urm�ver that the cundema�U.r o(fen�t�mako An
<br /> nwiu+d or settic n cinim f��r dnmage9, Bonawcr fuilx tu respond ta l,ender within :�0 dAy�uftcr the dute it�o nadce is given�
<br /> � - Vr�
<br /> . �,,�,ti LendGr is�iuthorized to callcct nnd upply the proceeds,ut its opUon.either m restaratlon ar c�e�air af thQ Praparty ur to thc swns
<br /> i' �r� . . secured by thiy Scrud�y I�LVteun�ent.whcthcr or not then duo.
<br /> ` Uatess I.endcr flnd &�nawcr otherwiso ugrec in wrlting. artiy applicuHon of proceed�t� principal Ahaq aot e�tc+nd or
<br /> � pastpane thc duo dzue a'f��;�e monthiy payments refarred ta in puragraphs 1 and 2�t rhange the nmount of such puymentn.
<br /> --. il.Bu�rower Na9�ele�.�ed; Fort►curunco By I.cnder Not A 1Vniver. hnten.dan of�hc timo far payment ar mcxlificutiao
<br /> �` - _:'��' - �f untn�au�lan o4'thn suinv securr�bv th�Sccnrit�r Instrwnent smntcd by Lendee to uny successur in intcrest of Bottawcr shull
<br /> _ �.` ' not operate m releuse the Nnbillty af t`:3 odginat Barcawcr ar Borrower's successors in intorest. Lander shuil�iat be requirc.ci ta
<br /> '- � cammenco prucecdiogA s+gainst nny n�tizcs9ar in intorest ar refuso tn extend time far payment or otherwise madify amortiu►tian
<br /> '� oF the Fums sccurcd by fhis Security lnstrument by rcASOn of any dcman�D+a�ado by tha original Borra�ver or Barrawer'a
<br /> �`; - __ ----- J succe.�.suurs ia interest. Any forbeur�nce by I,cnd�r in ax�rc�aing uny right ar n�uy sntitl not bo u weiv�r�i ar prc�fiade ii�e �
<br /> - ' � exetcise of any ti�ht or remedy.
<br /> ��r�{Y ' lx. S�ceessa:� and Assigns Anund; Joint amd Sev�iwD ri.G�bltity; Caxignere. Tha oovenunts and ngrcementh of this '
<br /> ' Security Instrt9ntent shull bind und Ucnefit tho succcssors nnd t�.�.c`�;ns af L�n3er nnd Sarcower, subject ta tho pr�viHions ui'
<br />� E ' puru�rnph 17. 8orra�rex's cavonam� nnd o�reements shnli bo J�int t►nd s:•ti�e�.x+l. Any Harrower �vho casigns this Sccu�lry
<br /> ,��i lnstn�ment but doe.g nut exec►ue the Nato: (A)is co•signing this Securlty Inscr�:ment anly to mortgngo. gtunt And aanvoy that
<br /> � ' Borrowar's intcrest in the i'raperty under tho terms af tMa Security lnstrument; (b)iti not personnUy abliguted ta pny tho sums .
<br /> - �,; secutcd by ihis Sccuriry Lwtn�ment;:uid(c)c�rees that I.eader and any ather Barrower mny aBreo ta extcnd� modifjr. farbeur ar
<br /> � mako nny accammadatians with ce6ard to tho tarm�af thiH Securlty Instn�ment ar tho Nate withuut thnt Bonower'P consent.
<br /> 13. I.aun Chprges.lf tho loan sccured by this Secu�ity Instrument is subjcn`t to u law which set�maximum Ioan cDarges,
<br /> und that la�Y is flnally 8nterpreted so�hat tho intcrest ar other loun churge,g collcctcd ar ta bo callected���annectia»wlth tha
<br /> -- laun vacced tho pormitteti limite,then: (a1 any such Inun charge shall bo reduced by tho amount necessnry ta rafuco tho chucgo
<br /> to tho permitted limit;And(b)nny sums alrendy collected f'ram�bvrrower which cxceeded permittcd limita wlil bo retlutdetl to
<br /> - Aarmwer. L.ender may choasv ta mako this refund by reducing the principal owcd u�dor tho Nato ar by making a dlrect
<br /> -- � payment ta Aarrawer. 1P u �otltnd �uiuces principal. tho reductian will be ueated us o psu�tisl prepnyment without nny
<br /> -- prepAymcnt charge undcr tha Nato. ,
<br /> � 14.Notices. Any natico ta Honower pmvided f�r i�thie Secudty Instrument shull bo given by delivering it ur by ntaiHng
<br /> -_ ; it by firxt cliiss mcal unle.�a npplicrihl�iaw rcquires u�o af unothcr methad. Tha natiw shall bv directcd to tha Froporty Addross
<br /> =� ar Any uther uddress Dc�rcower deslgn�tes by notico ta Lender. Aoy natice ta l.ender sha9! bo plven by flrat clas9 mnil ta
<br /> .::� I.endcr's uddress stutv�G hercln or uny ather ndd�'es.q l.onder deslgnutcs by nallcd ta Hormwer. Ar►y natico pravided far in thia
<br /> ;� ; Security Instrumcnt shall bo dccmcd ta huva hecn givcn to Borco►ver or Lendcc whcn glven as prnvldcd in¢his pur�mph.
<br /> '!:►�� !S.Governing l.�w= Sevcrnbllity. ThiR Securlty Instrumem ahall bo governcd by federnl law and tho law of the
<br /> = � jurir+di�tdan in which tho Property is located, ln the event tha+t suny provisian a�clauso of this Secu�iry lnstrument or tho Note
<br /> :",.
<br /> -`' � � rn��pictx Laith upplicable law,such rnnflict shall not atfect oit::r pmvisions c+f this Secudty Instrument or 1he Noto which can bo
<br /> - - - � Y
<br /> ; given etYect withaut tho canflicting provisian.Ta tt�is end the psovlaians of thiw Sccudty Instrum�nt�nc#the N�te ar�decinred
<br /> �'^ , to bo acvcrablv.
<br /> '° � D6.Da►rotver•s t%mpy.Borrowcr shall bo gio-en ane canformed wpy of w"ts Natc and af this Security I�titrumcnt.
<br /> = � E Porm 30Z8 8180
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