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<br /> � . ``' ` gayments may no tonger be�+eqained,at thc optian of�Leader.if mort�age►insu�noe cuvemge(in We��a��fO��g�en'ud ��.
<br /> :..�...,'.:: ; �
<br />" � tltat I.ettder tequires)Pmvided by an irisvt+er appmve�l by t,and�t a�ain�heonmes avaitebte and is o6C�iue�E.Boaawer shalt pay �'.
<br /> . ' � the premi�s requimd to maintain mortgage imsaraaee in eff�tar ta�pmvid�a loss�eser►e.�til che zeq�a�fas tno�� =
<br /> =��..,:: �. ins�a�ce eads in aseondance with e�►y written agree�ul heuir��Boitra��er aad I.ender or appl�cable tavi. � _
<br /> �: 9 Ins�aa�[on Lender or�ts ageat may make reasati�bl�e�tties u�cw and inspe�;tft�ns of the Pcap�.Ieader sbatl give `: —
<br /> .���� ` ` Bormwer noticse at tfte time of or prior to aa Inspectiun sqaeifylt�reasotqAls t�use for the inspection. , =
<br /> _ �- ��� iQ.�ttaa.Tt�e praaeeds of an}r aarar�o*�r.�aid�r.far:dar�g�s.direcx ar censequeatcat.i�cex�a�io�wit�� =
<br /> tondemna�on os ot�er tafdag of any gart of the Prop�ttyr,ur fiv,onnveysnoe ia li�of�ndemoatFon,aae Q�ereby assigned and ; _�
<br /> . shall bs paid ta lendat. �_
<br /> ° in the event of a total ta�ing of tbe Prapeny►,t��m�.�eeds shall.Ese aPp�ied to the sums s�vred by tBSs S�+auit�r Instin�t, °; -
<br /> � . . wttet6er ar aot theu due,with any excess paid to:Btura�r�rer:tn.the event of a gairtial taicing of the Ptope�t�i�whicD t�e fair `; -
<br /> . ' , market value of the Progerty immediafely �L�f'+ore Ilf�a•ta&it�g•Is eynal w or greater than ttce amount of t�sm�s seatm.d hy this �; =
<br /> Seeurity tnstrument iaune�iate[y 6efote the tat�g�;unttss Ht►�m�rear•au�d Lestder otheiwise agree in�vrit�:t�,e sams s�te�by :� `
<br />. . '� this 3ecur,ity Insaam�at shali be�taced lsy the a�ount�of°t�praoeeds maitiplied 6y.the folIowi�fiaagion: (a)the total ? �
<br /> �' , s emmmt of the sums Sec�mBd imme�isc+ety.6efote thG'c:wkinig;.div@de�bY(b) the fuir m�xi�r.'w�[ne of the P�eAy i.mmediate3y s �.
<br /> . . befo�e the taldng. Arry hatanc�s1ia5➢be paid ta Bc�ai�ven.in:the event of�pattiaf�•�+of the Pro in whicL the fair � �
<br /> P�4• '`.E`
<br /> m�oet valae of the Propeny immediately before tE�:i�is l¢ss than the a�iount of the sams secure�i�at+ely 8efore the =
<br /> . . , . ; talcin$,,nnless Borrower and Le�der otheraris�agtee�•ii��writing�or•nnless agplit�ble!aw oWetwise provides,the pmc�ts st�a11 .;: —
<br /> . . � be��Sw the soms se�ced 6y tLis 5ecvrity instcmaaeAt:wheih�r or aot tha sams are then dne. �_
<br /> . :x : t�t,`�e Pnogerty is abandoned 6y Enrmwer,oz,ift,attes,uotioe by Ixadez tQ Borrower that the cond�cnoa offers to ma6oe an ` �
<br /> .��oi s�tte a.cla,im for damages,Btrrrower�fa�14�,tp: ys � gi �-
<br /> , , r. respou��ro Lender within 30 da after tLe.daA...r�e antice is vea, .;
<br /> i� `.�nder is a�1r�.cou�cE amd appiy tfle.�s.ai�its option�eIttier to restar�tion or iepair of�'Fropeny or to the su�ms :: �:
<br /> � secund by this S�'r�t;y,�ostrumEnt,whetherr�u�irrvt`tt�satdtt�. >,.
<br /> ,:,#��.�- � Unless Leade�a�:;�orroa:�;�en���greei:in;writing� atry application of pmc�ts to priaciga3 s9alt not extend or =
<br /> � ,,; .
<br /> ' � gos�tpoae the dtte da*w�`�'e is��.,�a,yrmeius refetced:tu in�arag�apI�s 1•and 2 or cb�,��s�e amount of s�paymer.�. � �--.
<br /> , ,. , :i tl.BommwetfP+rt�d�'�Ynfiearfuice H���d@a�NdZ.a WeiVea:.��c�'.�3e time for pay�oent or ma�ficat�an,` ,'� . _
<br /> .� of amortizatian of t�+'�s secured lry this Seauitl�'ili�cturnent�gxaatod by�er�r a�a�suocessor ia interess of Borrower s&a?7`�_:'. �
<br /> not ope�ate w re2ease the liab�7ity of the originat BGrrowe.s�ar:8asmwer's au�ssc4s�a"�erest..Leader s�ai�not be reyuised to �- �`
<br /> ,� . _:� . . —
<br /> � commence pro c e�i n g s a8ain'st anY suocessor in iac�est:oa�refuse to e�uend t�forpay�at or athetavise�aodifyr a�r?t.*S�tion —
<br /> ��� of t8e suins secviced byr t�is 5eairigr Inshumentt:�+y��reason,of.a� demand mad�ti�+'Uk3e originat Barcoa�er ar:�s. -
<br /> ' ', ° suceessors sn interes�.Any forbeazance by Leadea�i�a�exerci9ing•any right or.remedy shal!not be a waiver of os�ciude th� -
<br /> .'� ',��: enercise of aay righR`�remedy. ��•. ' -
<br /> � .''�T . 12.Succe4.s��r�p�Ass�s Bound;.�ofi�it�lua�t�8everal��biUtyt�e4s.The covenatr��tii�s��reements oY�lus, �: --
<br /> •�'r: ` �� Security InsWment'�'1t bind aud benefrt tL+�^ai�i�ssora aad i as�gns of&�ei aud�IarroNer, su�;a�°_ap�Ne pravisio�of '• -
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<br /> P�Ph 17. Borrovre�'s cuvet�tsk�.and agreem�s�.sha�11 De jQint and ses���7. Aa�•?�sower whip%.¢�igns this Seeurity
<br /> Iasnwneat but daes not execate t��Note:•(a)is ca+sigaii►g•this SewrIty��At oriiy•co mortgage.`�ne aud oomey that . .: `�
<br /> - Barrocver's inteiest in Ihe Property uader the terms�:ofitt�s Seauity tnstraa�r^�;(b)is not peraonalty�lsli��d to pay the soms • ��
<br /> `i� sec�ued Iry tlus Security Ir�ment;and(c)agrees tt�s�IleQder azfld any othez l�arrower may agree to ext��a:odify,foabear or . W.-
<br /> � . �. � :.`; make any acvommodattons aith regard to the terms a�Pith�9 Secafrity IasuumeAi ot ttee Note without that�orr�ewer's oonsent. ===
<br /> � . . . ,� 13.boan Chatgcs.If the toan secored by tbia�.Seauity.Imstrument is subject to a law wh[ch sets maiimuna Ioa.��cbarges, °—�-'
<br /> � �'- and Wat law is finatly interpre.t�ed so thai the inter�tios�orher loan �
<br /> r dtarges ooilected or w be coliected•icn roaaectiis�zqrith the
<br /> _ � � . .::# loan exoeed the.pe�itted limits.tLen:(a)any+sacti�lban ci�arge shall be rec�zced by the amoum aec�sa�y�a re�ace:i�se charge �
<br /> ' .'�;;� to the permitted liir�t•�{�nd(b)any svms atreadY:�o!l�cted;ftom Horrower s�ltiwrh exoeeded peamtted limfi�wilt be refiucded.to —
<br /> `'�:f. Bnrrower. l�nder i� choose W make this r��iby..red�c Ihe L owed under the Note�r��b . �'
<br /> - �$ F�� y�a�direct
<br /> .. ... payment to Eonouier. If a r�efund reduces principyalJ,ti�e redu�cdon eriU be treated as.a partial ArepaY�ers'ikiGO��nt any =
<br /> �;•'� prepayruent cha�e under the Note. . . � � •_ ••
<br /> ... : � '� 14.Nattoes.Any aotica w Borrower provideAifb�,il�this Security lnstrw�een!shaU 6e given by�ixl�nering is cn by mailing `
<br /> � ��r�r�x it by first class mall.rt�.tess applicabte law requirea ute�of�another•method.'HLS�e mottce ahaU be dimcte�t�m f�te pro�rty Address —
<br /> . "' > ��'�; --
<br /> . ., ��t�'-, or any other addreyty;�orrower designates 6y nottta�tm Ilender. My.notic�aa Lender shall be given..t�y first'��tae.�mail w �.
<br /> ; '7 Lender's address stated Rerein ar any other a.ddress 1:ender�dtsigAates Dy notioe to Borrower. Any notice gravi��.{E�aR;in this —_
<br /> _ ' I,. �• ` ` 5ect�rity Instrument shall be deern�ed to have been giv.�ro to�arrov�er or Lender when given as provided in thi$paragra�ii. �
<br /> _ • � :�:� 15.Goverrilng I�w; Sevembilfty. T6is Seru�iIIy•L�vWmeno�shatl Ue govemed by federal Iaw artd tl�e faw of W� '�=
<br /> . jusisdicxioa in whI�;the Pmpsrty is lacated. In tAeeveat�tL�e�aay.prov'�,�i�os clausa of this Security Insdrum�nt or the Note m
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<br /> � `. � wnfltcts with applicaCle law,svcb oonflIct ahall nooafftet�ot�er�p�ovisfors aiff EHis S�uity lnstrument or the Nate wtuch csn 60 =
<br /> ,. ; � given effeq without the coMicting provision.To this�.e�ud�the provislons of tBis Secudty Inst:ument and ths Nooe.�declared =
<br /> . ` :j to be severublc. � .. r
<br /> f 16.Bon+uwer's Copy.Borm��;�shal!be�yen on,¢�oor►for�.ed oopy oF the Note and of this Sesurity Ins�en�; �
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