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<br /> �'' �' ' � '° na lon be�qui�.at the opt�on of I�der.if mortgage iasurance caYexuge(in the amount and for the periad r�W=
<br />-- ��` PaY��S► 8� --�`.
<br />.,K��:: � .~ ' ttiat leuder t+equites?Pmvided by an insuter appnnvat by Lender sgain beootn�s available and is ubtaiaed.�orrower shal!PaY ---_-
<br /> � ,i' - the pm�ams reqtri�to mai�taiu mortgage insm�se in effect.or to Qrovide a toss reseive.unt�l the drequi�t foz mortgage .;,
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<br /> �•� insurance end.s ia a000rdaase with any wcitten agreeane�betareen 8orrovru su�Leader.or applic�ble La�v. ��,
<br /> :".�.. . 9 Iusp�ima,Ixnder or its agent may make teas+oaable eouies upon and inspe�tions of the PropetQ►.Leader shall give � �:;; '
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<br /> P �sP� P��B ,>t.,
<br /> �,�•�� Bosowet motice at the time of or rior to an on s reas�nable c�u�for the inspettFoa � a�.
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<br /> �;.�.,;;;4;,,: ' 1Q.Coade�o�.The prooeeds of any award ar ciaim far damag�.d'uect or s�sequ�►3ia1.ia son�etxian with sr�t K.,
<br /> =*•� � natio�l or ott�er�g of atty part o£itte PcopertY.or for wm�eyaac��rs lieu of wademnatian.are hereby ass9gned aud
<br /> ��.u:, °.. � � '�:.
<br /> `..`•�, sha11 be paid m Lender. -
<br />- 7 tn theevent o€a totaj tat�iig.af tti�PfioL�t,the ls�oceeds shall be applio�w tke���sewred by tttis Seauity Insmuntat+ a
<br /> r - • w��her 4r stnt�ttdue.-�vidr�t�:��rc�pueti!to Svrmwer.Ia the event of a partial tat�u8 of the Prope�ty in whir�the fair :,
<br /> �" . �'' ma�&et vatu��;pi'�ttie�pm��t�`.I�i�i1��Y����he taging is eqval to or�eatet t�n tt�e am�ant of the sums seaued by this � �,�;
<br /> �-�Sefo�th�t�g,aales4 Borrower aad I.euder ot�rjss agree in writing,tt�e sums sewred�Y �:'.
<br /> ` }�r , S�itY�1Q1�'.:
<br /> < < dus Sewrity. .��ent shaU be md�ccd tiy tttg amouut of We proceeds muliipl�eA by the folloaring ftar,tissu: {a) the ta3a1 �
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<br />,. • .,•f. aaam�nG of the snms sec�ised immediately qdur�t�-�S,divsded by.(b)t L e f a ir m a r k e t v a lue o f t h e P i u p e rt y i m m e d i a��Y• � .
<br /> � balance st�all be paid tts�8nt4o�r�. Ia the event of a pardal ia�ing of the Propeaty i�wMsh the fgir � -�
<br /> _ = fs�€c+i$�:t'he 4a�& AnY
<br /> ' �i c e i u e o f t h e P r a p e rt y�d i a t e t y b e f a i i�:u l t s-�t�a i T�is less t�an the mmauai of the su�s seaued�1�-���t&e
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<br /> � t a�'m g;un2ess�p�tower and i�der oth�i.se agre�i�"�a�g or�miess appllcebte!aw atherarjse pravide.s,t�e'Ft�eds shaH � ,_
<br /> � .� be a�lied ta ttt�sums_se�are�by this Seau��s••rnu��.-�fier or t�3h�snms ate thea dtte. �;:;
<br /> .�^� 4 If the Pnopeccy is abau�ed 6y Barmwer,or if,aft�r i�tire by Y�er to`Harrower that tht wndemnar o ffets to m a k�z� ` � � _-
<br />>,�.,�,�-m`� �.. �� awaid or seate a ctaim for,�ges;Barrbwe�fails m c�ad w I.ender within 3�days aR�r the date the notice is givetr,�`� . -__`�.
<br /> l,eader is authorized w coit�d��sl app1Y tis�'�tne�ds,at its op2ion,eittier to reswratioa ar reQ�air of the Pmyeny or to the simps =-
<br /> :;�.S`��}. -� se�ured by t�s S�ca-rit3►Insaument.wb�:i�r not thea due. :r�,w
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<br /> � :� �.: l�catton of noc�eeds to prins3pal shall nat extend or '�= `
<br /> : <<��� �:�.; � �Unless �Er and Bomnwea other+�ise a�ee in writing, az►Y aPP P �=-;
<br /> _,'- -�: .postponc t�ne�i1e.�ate of the monthty pay�refemed w in paragiaphs 1 and 2 or change the amoum of such paymeats. _,
<br /> `°�� ,':`,.'. 11.Borriw�Not�s�;Forbearanoe By I.endar Not a Waiver.Eatension of the mna for payment or mudi�cation
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<br /> � `� �� � o€�aa:t3zatinn of the.snms secured by ti�is Security tnstcument grmited by Lender to any+suooessar in interest of Borcower shall . . --
<br /> ;: �s� ;. � n4`t�,qp,�p tcn �se ehe liability of ttie origiaal Boirawer or Bmrower's suooessois in intaest.Lender shall not be require�w °
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<br /> � < , i �F��BS.�any sac�ceasor in interest as refuse to exteud time for paymtnt or ot6caa+ise arodifS►amor6r�iirati -
<br />� � '� of th��st�cs s�ia�d by tbis Seeurity Insaument by, reason of aay �temaAd made by the orign�i Bormwer ar Borrow�tc';$�.�:;
<br /> 'i �,����t.Any�Cabearanoe by I.endei in exercising any right or remedy shall nai be a waives of or pzectade.�n�'=`. � ::;
<br /> �;� e��s:�#s��y isght or mm,e�r'.', rt��"
<br /> : .;f "�'.�.�r�org ant�Assigas��Ba1md;Joint an��eral tdabfHty; Co-sfge�. The coveaaats and agreements of this =.
<br /> . i Se+cariry I:�mve�c sheU bind and beae�i:�e saccessois and assigas a�f L�der and Barrower.subject w the pmavtsiaac of . a=
<br /> j .� P�P���-�T��'s covenants amd��greements shall 6e joint�t several. A�i Bomawer who co-signs this S�'� ,
<br /> �_
<br /> .. �� Ins�cr,�ent�,.t does aot cxecute the Note:(a)is Co-signing tliis SeCUritY Instiument onty W mortgage,grant and cpnvey tr.:�. g,:-..
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<br /> � ' `'`• E�er's,iateiest in the Pcoperty uBder the tem�s of this Securi Instrumen�(b)is uoi ezsonaUy obligated.La:�y�sums , ,`=...
<br /> . , tY Pe 5 r:.:r-:
<br /> • .•• =�i � �seo3r�by t�'ss Sea�rity inswment;aad(c)ag�ees that Lender and any other Borrower map agrce to emand.m�D�fg�;fotbear or ��
<br /> � � . i-` malce any s�ndations with regaN to the teims of this Seeu�ty Instiument or the Note wIthout that Bomnwee'�c�basent. ...... . _-
<br /> . `�•� i3.Los�u`CbaTpeg.If the loan se�ured by th3s 5ecurity inctn�ment is subject to a law whi�h sets maximum loau �; :, �
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<br /> t �and that law is finally int��ted so that the interest or other toan ch��es wltecct�or to be oollected�in conaection with t4te o .
<br /> ` � . ,�� °, ` `? '.toan exceed We permiued lic�:��s.then: (a)any such toan charge sha116e ieQuced by[he amawrt aeoessa�y to�tce the ch�ge °--
<br /> ;�i to the permitted iimi�ancf�ta)�Y sums already eollected from BarraRec�fiich eaoeEded permitted limits will be refunded w• ',q;_
<br /> �' � '':,:i Boaower. Ler,�i�r muy choose W malce this rdund by r�acing th�p�s�cipai owed under the Note or by maldng a direct
<br /> :` � payment to Bc�.7dwer. If a refoad reduces priacipal. the �edactio�.wri11 be treated.as a partial PrePayatent withaut �uiy �.
<br /> .,,.� prepayment charge under the Note. _
<br /> :. i 14.N4tioes.Any notice to Borrower provided for in this Securiry'inSwment shall be given by delivering it or by mailing `.
<br /> "�`��,. "�� it by fitst class mail unless applfcable law requires use of another method.The notIce s�all be directed to the Ftoperiy Address _`
<br /> � ' �±� or any other address Borrower designates by nottoe to Lender. Ar�aotice to L�nder sua11 De given 6y first class mail to ___
<br /> � � � 1,ender's sddse.ss stated herein or airy other address I.ender desigoat�a�Nry notice to Borrowert My nodce provided for in tbia �:���
<br /> '. . ..,.� Seciuity Instrumem shall be deemecl to Lave 6een glven to Borrower or i.ender wken given us provided in this paragraph. �';.,_:
<br /> . .� • 15.Govemfng La�e; Severehility. Tlils Sec.uriry Insttument shaU be govemed by federal taw aa8 tLe taw of the ,� ��_
<br /> ..�,..' ' . jvrisdicdon in which the Pb��erty is located.In the event that as�y provision or clause of ttils Security Insmiment or the Nate �.._,
<br /> r � �; ,,;;. confltets with applicab2e la�,such conflicK shall not affect other provisions of this 5�uity Instniment or the Note wluct�caa be °••�
<br /> �`� ��'�'b given effect withont the canfltctin�proYisic�:To this end the pravisiQC>qf this S�curity Instn�r�at and the Note are decialoA �'-��
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<br /> ��..�`j��rg' to be severa6le. '� ' .. "�.:
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<br /> . ;` ;,,, ,.; :• 16.�ore�ver s Cop�y.Burrower shaU be given aneconformed cc}p of the Note and of this 5ecurity Iast[c�nt•
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