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<br /> --r,�.�'''.:, a mcnts mc► no I�mgcr bc rr.quirr:d.iit th►i uptian tif l.endcr, if mortguZ;c insurancc c��vcragc (in t��i,n��f['AMt'�f1��ri�Mf
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<br /> � thut I_endcr rcyuirc�) prov�a�:� n�!un inr,umr iippr�n��rJ hy Lcndcr ugain hcc�routi cwuil,iblc arad is u6tain�.d. &�rrc�wcr sh;dl pay
<br /> = tlic prcmiumti rcNuin:J to maintuim m�rtgu�{c int,ur:tirn:a in efti:ct.�tt tu praviJc:+I�„rc,erv�,uuiil thc rcyuircmcnt f'or tnnrt�;a�� �_
<br /> +''._•, insuruncc cnds in nccordtmcc with nnl�writtGn a�{r�:emr-nt betwcen Borrawcr unci Lendcr or applicnblc law.
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<br /> 9. Inti�xctf.nn. l.endc:r ur iin u�}ent ntnN nt»ke reasonable entrics upnn ui1J insp�:ctions��f thc Pru�:��y. l.cnder sha give
<br /> &�rn�wer nutice nt thi:timc of or prior tu un inf��.�tion specifying reasonable enuse for the inspec�ion.
<br /> _ ' l0. Condemn�tEnn. Thc prncecd�� ot'an}� award or claim f�u damagcs, direct eir contiequential. in rnnncctio�i with nny
<br /> • rondemn�tion or othcr tuking of any pnrt��f thtT Property.or f��r convcyancc in licu uf rondemnation, are hcreby astii�ned and
<br /> -• ' shull bc paid to I.cnder.
<br /> ;.,,;,. In thc event of a u�tnl tuking of thu Pmperry,thc procceds shall bc upplicd to thc sums secured by this S��curity Instrument.
<br /> whcther i�r nat then duc, with any� excess puid tc� &irrower. In thc cvent of a partial taking u(the Property in which the fair
<br /> `�'"4�'�^�� murket value of the Propeny immedi�tcly beCur�:thw tnking is cqual to or gresuer than thr amouRt of the sums securecl by this
<br /> '"��' Security Instrum�nt immediatwly befi�m thu tukin�, unlcss Borrowcr and Lendcr otherwi:•c agree in writing, thc sums sei:ured by
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<br /> �,�_4x�.";", this Sec�rity In�t►vmcnt shnll bc n:duced by tlie umount of the procceds multiPlied by the foltowinfi fraction: (n) thc total �
<br /> amount of the sum� secured immcdintalv befun:d�e takinF, divided by (b)the fair market value u(the Property immcdiately �
<br /> ���R;'�'" � before the taking. Any balunce shnll be pnid r.o L'vrn����er. ]n the event of n p:irtial til:ing u(the Property in which thc fair
<br /> f��� '��¢'• , murket v�lue of thG Property immedinterly b�fi±r�:c[1c taking is Icss than thc amount of the sums secured immcdiatcly bc:fore the
<br /> �� tuking, unlcss&irrower and Lender otl�unaise.�t�n.ti i►i w•riting or unless applicable law othen�isc provides, the proceeds shall __
<br /> `%�"�+ be upplied to che sums secun�d b��[his Securrr [uscrument whether or not the sums are then due.
<br /> �•, ..:
<br /> � �•-z. , If the Propeny is abundonc:d by Bc►rr��vcr,ur if,after notice by L.ender tn Borrower that the condemnor offers to make an
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<br /> _�:°+�'; awurd or setdu a c1;Lim for dssmAges, 8c�mn�er fails to respond to L.ender within 30 days after the da[e the notice is gwen,
<br /> �� l.ender is authurixed to collect and�pnly the pnxeeds,:�t its option,cither to restorution or repair of the Property or to the sums
<br /> ��r_,�,;� secu�d by tiiis Sc�curiry inshumant,whetbcr or not then duc.
<br /> '�=_;::,�?� Unless Lende� and Bc�rroa�cr othenvi:;e agree in writing, any applicution of proceeds ro principal shall not extend or
<br /> �„'�,,� postpone the due date of thc monthly puyments referrcd to in paragraphs 1 und 2 or chanFe the amount of such payments.
<br /> _=_:== 11.Na�rn�Mer Not Itelaasedc �ortxxrance By I.ender Not a Waiver.Extension of the time for payment ar modification
<br /> �Q�, of amarti�ation of the sums securesi by this Sccurity Instrumcnt granted by Lender to any succeuor m�nterest of Fsarro�ver sbaii
<br /> �.._ - -- nat operam to retease thc linbllity of the originul Borrower or Borrower's successors in interest.L.endcr shull not be required to
<br /> ���°�� commence proceedings aguine�unD� ���oc�ssor in interest or refuse to extend time for payment or otherwise modify amortizution
<br /> -- of the sums s�.•cun.�sl by tl�is Sccurity Insttument by reason of uny demand made by the original Borrower or Borrower's
<br /> "'�""� successars in inten:si. Any forbcaruncc by Lender in exercising nny right or remedy shull not b�:a waiver nf or precludc the
<br />___--- exercise of wny right or run��d•�.
<br /> --�— 12. Suaes.sors nnd As.-uQne fiound; SoiuQ au�i Srre�•a{ Liabiiit�; Cu-yigue��. Thc: w��uants and agr:�,mcnts af this
<br /> Security Instrument shall bind and benefit the successors ar�d assi�ns of I.ender and Borrower. subject to the provisions of
<br /> parogmph 17. 13arrower's covenants and agreements shnll be joint and several. Any Bonowcr who co-signs this Securit}�
<br /> —�— Instrum.nt but�3oes nat execute the Note: (a) is co-signing this Security instrument only to mortgugc,grant and convey that
<br /> Barrower's inteQCSt in the Property under the terms of this Security Instrumenr (b) is not personally obligatcd to pay the sums
<br /> sexu�l by this 5ecurity Instrument:and(c)agrees that Lcnder and any other Borrower may agree to extend, modify, forbear or
<br /> m�:any accommodations with regnrd to the tcrms of this S�;curity Instrument or the Note without thut Bonower's consent.
<br /> - 13.Lopn Churges. If th�loan secured by this Security Instrument is subject to u law which sets maximum loan charges,
<br /> arxi that law is finally interpreted so that thc interest or other loan chargcs collected or to be collected in connection with the
<br /> - loan exceed the permitted limits, then: (a)ar»• such loan charge shull be reduceci by the amount necessary to reduce the chatge
<br /> :�,.y�� to tiie permitted litnit;and(bl uny sums almady collected from Borrower which exceeded permitted limits will be refunded ta
<br /> _— Borrower. Lender muy choose to make this refund by reducing the principal owed under the Note or by mnking a direct
<br /> '� payment to Dorrower. If a refund reduces principal, thc reduction will be trcated ar a partial prepayment without nny
<br />--- — prcpuyment charge under the Note.
<br /> "�`'� 14.Nodees.Any notice to Borcowcr providui for in this Security Instn�ment shall bc biven by delivering it ar by muiling
<br /> = it by first class mail unless applicable law requires use of anothcr mcthc�d. The notice shull be dirccted to the Pruperty Address
<br /> � ' or 1ny other address Borrower dcsignutes by notice co Lender. Any notice to Lender shall be given by first clnss ms�il to
<br /> -- Lender's address stntcd herein or any other uddress Lc�nder dcsignntes by noticc to Borrower.Any notice providcd for in this
<br /> ___-___�'-�_;� Security Instrument shnll bc dcemed to havc been given to Borrower ur[.ender when given as provided in this patagraph.
<br /> --�=' -- l5.Govcrning Luw; Severubility. This Security lnsttument shull bc govcrned by fccieral luw and thc law of the
<br /> ������ jurisdictinn in which the Propeny is locateci. In thc event that uny provision or�IAUSC of this Security Instrument or thc Notc —
<br /> _-'...:,.�::_, _..
<br /> _��„� con�licts with applicable law, such conflict shall not affcct�sl�er provisions of'this Security Instrument or the Note which can
<br /> ��,;�;.�,a.•. given cffoct withuut the confZicting provision. To this crtd 2he provisions of this Sccuriry Instrument and the Note ure dcclaraf _
<br /> �:�"''"t� to bc sevcrablc.
<br /> '�°j"��� 16.Burrower's Cony.Borcower shall be given onc confurmed c��,�y of the Notc and of this 5ceuriry Instrument.
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