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<br /> '.,. < �'�'. ma tta ta be� ,at tha oprion of Leuder.i�f tuortga8e insuraare oave�ge Cm�um4u�aad�=t��o� �
<br /> Q�Y� Y . � �� � i.e n d cr again b�oo m e s a V i u t a 3�l e a n d i s o b t a i n e d.B o r r o v�e r s t�a l f p a y '�
<br />_ , .• tbat Lead�r reqai�s)Prnvided by aa insurer a�pto b3+ � �for atort e , � �
<br /> . .�� .the p�miums r�uued w maitetain mortgage�nae ia effect,or ta prm+ide a toss r�sQrire.anpl t6e uiceme S� ,ti_>
<br /> .'.. mn,ranc��nds in u�ootdanoe with aay wrimen age�ee�eat beicve�n Bacrawer and t�eader or applicabte law. __
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<br /> � `'} g�asga�toa.Lemder or its ageut moy mRte reasaaabte mtries upan aad insgectioas of thti Prope�t}+.Lender shall giv� .�
<br /> ,.'y, ' ` . 8omna�er aotioe at thc ti�of ot priar to ait inspec�oa sgecifying�e�sa�ble cause for tiie irtspeclian.
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<br /> �''� ` � '� IO CoBd�rattaa.'Ree pmoeeds af aay award or claim for�.di�ert or eonse�neudal, ia connect3fln witti an}► � R;
<br /> •�-_�-^� 4onderrmat�an ar afher Yatdn$of r�ty part of the PragettY,or for oomreyanoe in lieu of oondanaarioa,are hereb�►assig�ed m�
<br /> ..4.i: I �..�,
<br /> � :..,:� sha116e paid[o I�det.
<br /> '•, :;. ,. In the eve�t of a tatal taking of the�erty.the pmoeeds s5all be agplied w t6e sums seaued by this Seeurity In�tenm�i: �t,�::
<br /> : ```< � w�or nnt theri due.aith aay exe�s pnid to Boaower.In the event of a g�tinl t�cing of th$Pmperty in afileb the fair �,�,
<br />'`,�'��• �.'��`�u �arket valne of tite Froperty imm�dia�tY 6efo�the EaS�is�al to or ga�ter thaa the amount of tt�e�tns sec�ed by this _.
<br /> . . �ty�nsuu�i;r�ediaDeIy 6efoie We�g.��.�o�er and Leader at$av�iss agcee in a�iiting.the sums secat�d�y �',
<br /> ,. r� s1mU be�edaaod Dy t$e amouut of tlte gmaeeds nmitiplie�! tsy th�foltaR+ing f�aron: (a)d�e.t� �"�
<br /> � ''`�4: ' �;� s��y� --
<br /> ' °' �� amouat of the s�mns sec�ed immedistel9 before the takiag,divided hy N}the fais ma�lcei vatne of the Ptape�ty imnnedi�Le1Y g�
<br /> .. 6efine the talcinS-Ar�balauee shall be pa[d w Horrowca. In the evem of a partiat talrimg of the PtogertY in whidn the fair --�-
<br /> :.'�.:;'.:•`:`�`�`"::� m�et waltte of the Pm�tmm�e�retY befa:e��e tatamg is Iess thau the ammmt of tbe sum5 senned iarmediateiy befare the �
<br /> - � .. �g,anlsss Hamawer a�#k�ider nthesvQSe agcee in writing or�2ess applicabie law othern+ise provides.the�pmeeeds sh�1. �
<br /> y .���}'` �e applied.w the sc�s�by t6is��whe�her ar uot�he snms�theadue. —
<br />- .�,� ��� _ � If the Fcopeaty is ab�daned by Ba�c.or if.ati�notioe.byr Lendes w Bormwfa tLat the aond�wr offeis to make an e.
<br /> �. �. £,� a�rard or s�tle a claim for d�ages.Borrower fa�7s.Ua�spand to L�ndes wItt�ia 34 days aRrr itie date th�aotice is given. —
<br /> .. . �.,�'`! Ecnder is aathori�ad w oollect and appl�+t�e pracceds:a�its oprion,e�ther m restonnwn or tepair of the Pmpasty ar w the sa;ms �
<br /> -- . ; s�w�ed by this g¢c�uicy Iswuameni.wheth�r or aot theo dae.. � . =
<br /> • ��� ; Unte�L�eader aad Bnrmwer otherviase ag[ee in writing.anY �plit�on of piaoeeds w princi�a!s6ai1 aot extea� or _
<br /> , •: -.�:�; �SOy1�or�the da�date of d�fnnnthty payments r�feQed to in paragraphs 1 and 2 or ct�amge the amu;�nt of sach payments.. "
<br /> or modifiration `
<br /> ' � a� �, il.Borruw�Nat�;F��I.�der No!a Waiv�r.Exteasion of tfne time for paymem --
<br /> � '�;.� I.ender�a any saaoessor in i�est of Bo�wea shall ___
<br /> - -- � of amorti�tio�of the s�trasseat�d by thia:Se�itY Ins�me�S��bY �{not be to
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<br /> • not operate W�ease tlte�iiiry of ttse original Borrawer or Sarcower's su�aFS ir�.i�e�st.L�nder ��
<br /> ';, s oamm�e Pm�nBs��Y��?�in intemst or tefn.e m ext�d time Eorpaym�t.oFCitiserwise modifY amart�atiaa _.
<br /> . r . pf the sams s�d 6y this SecuritY I�t.bY �ason of aay demand a►ade bp t�e a� $ormwca or Bormwer's
<br /> ' ' �:� b er is�.e�acisin8 a�►Y ri8M or remedy shali as�ff�e wa'sves of ar preciczde the
<br /> n:'� . ::�sois in interest.A��f� Y�� . .a ,��,"�.. .,, ;,,
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<br /> ,,� ,t •:�dse of any right or-catiiy�tiy, .'.,;�
<br /> _ •,,`"' 12. Suc+�o�s���s���-Auimt i���r�1 L�abAity++C�'�- liie wven�ntg a�E jr�me�of t6is
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<br />: ,..�.;�.;;:'`� ;�"�ry r.,�►r+;,�►t��.tq�nd•and beuefct the sucoess�+s�and BSSI�QS of I.�der and Barro�ver, subjea�o the provisions��f
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<br /> �ag�aph�fF;.�into�YeF's�.�+enan� aad a�ntqnents s�aU be jaink and several. My Bonowct who oo-�igtts tlns S�
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<br /> `• ' ' •�SSUZmneut baf doe�not.�iuite the Note: {a�;'s casi�iag tbis S�aity Insttpme�onty to�rtj�ge.g�ant eY ,--
<br />- '` `;,��t- :_� °tr�nower's intenst in th�:�i�q�ty nnder tho taims of 4ffs 5ecuriry Tnstmm�ent;.�l�:�is not p�ltS►obligai�d to pay the snms
<br /> . �`�:,,''i4 r�i. '<,'- :_� .I';.se�red b3+this Secauity I'��'.'mfi�;ancl,�ck a�es that Lender and say oth��o�txs�r may agree to_extcad.modify,fo�bear or _
<br /> � ; � mage azry accommodationq wh�:reg�d:tii��t��'teims of this Serurity�t ur the rIote withatt r,hat Borrower's consent- __
<br /> `'� 13.Loaa C6ar�a�If the loan s���►y�this Seruriry Insu�it is subleci to a law wk�s:��s aia�ciimnm loan charges. -
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<br /> �•_�� , .:�,. so tha�t tho intdnest or other toaa charges oqll,�xed or to be eeiieccted-in o�nec@oa witb the
<br /> , , r:.� :•�ad tdat.lavr•is finally ia� th� ° -
<br /> ' . �'���; '.•'t4�exoeed the penniusd lianiis,thea:(a)an3►saoh l�a charSe sha11 be m�cip�.��Y the amount ne�sac�lhi;�3�ce the��rSe
<br /> ' �'io tLe penniued limit:sad;4b�anyr sums al�dy�coileet�fram Borrawer whidi�ed peranued 1imi��tvilk:f�e tefanded co
<br /> ,i • ° re�cin .the q�w�3 under the Nate orfl��;n�king a dir�
<br /> '� ' :i 'Horro�ver. ireader may eTisoose to make this refdmd bY g P�F�
<br /> �"� � � ' payncaeat to Barrovrer. if� nefand reduocs principal, the redu�ion a+ill.be ce+eated as a p�a1 Pze�Ym�ttt.aridwut,aay °
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<br /> - - _ ,��..i � px�ayment charBe amder tPte Noie. � . � � ,, : :',. ' -�
<br /> }.° ..'�'T f4.Not�oes.�My aaritt�w Bomawec pt�vided for in this Sec�ity Inshwueritsball be given by d���R;a�.�,,lri.t�illt�g
<br /> �'-'s.�,. ,•,'TM` ' � it by fitst cfass mail anI�"rr�licabIs taw�utires use of unother method.TI��tf,oe shaU be dt�ected w�1��..�;r�cip�rty;��`ess
<br /> -. t. :. ., �
<br /> `•�K,�.'••.:.:.'�:' �` or any other addmss Sorrawet designa�s bY"aot�oe to lrender. Anyr nodce to I�ndet shall be giveo by:fuwt�s�;�.,f�itj$.w -
<br /> . . °:.� l.eadec's addmss stated herein or aay ath�t alldn�s Leander desi�ates by aotice tv�ortower.My notice pro`viate�Gar,,�(F<,t�3s
<br /> • : .� Secu�ity I�trument shall be deemed to huve bsiea g'�ven to SosrnWer or Leader whea given as provided in tLis�:axagcap�i+�'�� . . -
<br /> . 15.Cav�aS� Iraw: Severabtttty. 14:ia Securiry Insaument s6a11 be govemed 6y fedetnl Iaw t� 3he taar of th�
<br /> �,`�� jurisdiction ia zvt�icb tAe pr+�perty is ta�.•In the event that any provision oir dause of this Security i�nt or tIle Note -
<br /> . . .. S cunflicts�vith applicaDle law,such oonflict s�iaU not affect other provisioas of this Se�auity iasmuaeat or the Note wlucb ww 6e ' _
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<br /> ' � given effect cvitho�the oonflicting provis:�on.To this end the pmvisioas of this Secuzity I�trumem amd the Note ar�declared -
<br /> . .•;;�.• to 6e sevenbie.
<br /> . . fl6.Borraweq's Cops.Horrawer shnll be giv�one eonformed eopy of Wc Note and of this Sxcarity insaL_*�t. _-
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