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<br /> thr amuunt anJ t��r the penod that Lender reyuiresi pro�ided by an incurr r appro��ed by LcnJcr agam b�r��mes avaduble
<br /> unu n vuirrt�e3. u•:i::.��� �uori yav ii�N���i.:L'tiSS TCQWtCt� �n m•_!•,��•...,na.n�.�un �n.urance �n�ttec�. ar ro arnvide a lusx
<br /> resen•e. unnl the reyuiremrnt ti�r murtE�age insur�nc�eods ir,accordnnLe withrany written�greemcn[ benvicen DnrrnWer
<br /> and Lendcr ur�pplicable law
<br /> 9. Insprctiun. Lendcr or u..t�ent may makc reaso;�ahle entriea upun and in�pertiuns uf thr Pro�xrty.L�nJer shall
<br /> gi�•e BorrawCr n�nicc at thc nme��f ur pnur to an insr.cnun specit'}•ing raasunable c�ux tor thc inspecnon.
<br /> 10. C�►n�emnation. 'Tne pra:�edc ut any award u�cla�m far damages,direct ur consaquenti�l.in connectiva with
<br /> any candcmn•rtion��r.aher tal:ing of any part uf the Pmperty,or for conveyancr in lieu uf rondamnanun,nre hereby assigneJ ,
<br /> arxi shall bc +,aid ro LanJar.
<br /> [n�he event uf�tatal mking uf�he Prapem,the proceeds shall be applied eo the xums secured by ehis Securiry Insaument.
<br /> whether or rtat than duc. with any cxcess paid to Borrower. [n the avent of� pamnl taking of the Property in which the
<br /> fnir market value of the Prupcny immediately before the taking is equnl to or greater thun the amount uf the sums secu�ed
<br /> by this Secu�icy Insttument immedfatcty befo�e the[aking,uoless Burrower und Lender otherwise:agrea in writing.the sums
<br /> stcured by this Securlty Inscrumenc shall be reduced by the amount of the proceedx multiplled by the following fraction:
<br /> (a)the total amaunt oP the sums securcd immrdia[�!y befure the tnking,divided by tb}[he fuir mark¢e L:ilue uf the Property
<br /> immailntaly before the taking. Any balnnce shall be psiid to Borrower. In the event of a ptnfal talv.�:�v�t6ec Prepeny in
<br /> which tha fai�market voluc of�ha Property immed'+ately before�he taking is less than the amounc of�.�su�^�:��-��avxd im-
<br /> medlately beforc the wking,unless Borrower and L.ender otherwise agree in writing or unless apptica�ne Ga��r��ihrr�.cl¢p�o-
<br /> vicks. the proceeds shall be applted to she sums securcd by this Secu�ity Instrument whether or n.a�t�t:�z �nna ae•r i�,:�n du�e.
<br /> If thc Aroperry is abandoned by 9orrower. ar if,after notica by L.ender to Bonawer thae arn_:andamnur offers co
<br /> ma�e an award or scttle a claim for damages,9orrower fails to rcspond to Lender within 30 dnys after the date the notice
<br /> is�ivan, Lendar is authorized to co!lcct and appiy the praceeds.at i�s optioo,either to rescor.�tion or repair of the P�operry
<br /> ot to the sums secured by this Security Instrument,whether or not then due.
<br /> Unless Lender and Borrower aherw9se agree in writing,�ny application oP proceeds co principal shaU'na extend
<br /> or postpone tt�e due date of the monrhly puyments referred to in paragraphs I and�or chaage the amaunt of such payments.
<br /> il, �r►nower Not Itelased: Forbearance By Lender yot a Waiver. Exter►sion of�t;+e cime fo�payment or _
<br /> modlfiGa�ion of amortization of the sums secuted by this Secunry lnstrument granced by Lender ew�ur.v success.�r in intarest
<br /> of Borrower shall ra operate to release the liabilicy of thc origi�al8orrower or Borrawer's successors in icna�u�c s:•Gender
<br /> sh�ll not be required to commence proceedtngs against any successor in in[erest or refuse to extend time f�v�;s��••m�ns v�
<br /> othenvise madify amortizadon of the sums secured by this Security Instrumem by reason of any demand made by ur.,��;r,i^r�!
<br /> Borcower or portower's successors in incerrsc.Any forbearance by Il.ender in exercising uny righc or remedy sha7l 7az �¢x
<br /> a w�uver of or preclude the exercise of any �lght or remedy.
<br /> 12. Saccessors�ad Aasidne Bound�Jotnt md Several L1abiUty;Co-slsners. The covertancs and agreements ef
<br /> ���risy. t�erm�,en�shall bind and benefi[the successors�nd asaigns of Lender and Bonower,subject to the pravisions
<br /> ot prragraph 17.Borrower's covenants and ugrcemencs shall be joint and several. A�y Borrowe�who co-signs this Secunry
<br /> Instrument but does na execute the Nou:(a) is co-s(gning thls Security instrument oniy to moc�gage,grant and convey ehot
<br /> Borrower's interest in the Property und�r che terms of this Securiry [nstrument: (b) is na per3mn�I1y obligated to pay �he
<br /> sums securetl by this Secur�ty Inst►vmone:and(c)agcees that Lender and any other Borrowe��uy agree ro eatend,modify.
<br /> forbear or make�ny accommodotions winn regard co che cerms of this 5ecuricy Instnurr.at or tht Notr withouc that Borrower's
<br /> constnt.
<br /> 13. I.o�n C6ar6¢s. 6f the Conn secured by this Sccuriry lnstrument is su��rt to a law,ahich sets max9rsmm loan
<br /> etuirges.a�dfi�ac law is�nally inctirprrueal so that[fne iatercsc or other toan ch�rges collected o�c�be collecud in connection
<br /> vvith the lenm,z:cc¢ed the Qermitted limiqs.�hea�fa) any such loan charge shall be reduced by the art�ount necessary to rcduce
<br /> ' tlfc�l+uge u2��hv permittpo limir,and(�D any sums�Iready collected from Bonower which excxded permitted limits will
<br /> 7me ae�tinded.a�Borrower.�.ender may ci�oose to make this refund by�educing the principal owed under che Nae o�hy rtukln�
<br /> �a dl}�e��,paNa�ent to Borrowev.if a refund rcduces principal,the rcducdon wiU be treated as a paRial prcpaymenc without
<br /> ; qaep�pre�ayas�ent charge under the Note.
<br /> t4. 1�otica. Any notice to 6vrrawer provided for in chis Security Inatrument shatl be gi�en by dclivering i� or
<br /> �y mailing if by first class mail unless applicable law requires use of another method.The naice shall be direcced to the
<br /> ;���'toperry Address or any otber address 8orrower desigtutes by�aice to Lender. Any rtotice to:6.lnder shall be given by
<br /> � 'fint clus mail to Lender's address stait�herdn or any�uher addreu Lendor desiy�na2ta by notice to Sorcovy�R. A,ny nocice
<br /> ' yxovided fo�in this Seourisy In�trurheai�l�all be deemed to have been�i�en to Dorrawer or Lende�whr.n givcm a�•provided
<br /> in this pantgtaph.
<br /> 13. Governin�Law;Severa4�911ty. This Security Instrument shall be govemed by Cc�erallaw and the law of the�
<br /> jutfsdiction Jn which the Propeny is lt�ated. In the event thut any provisioe or clause of this Sect�ziry Instcument�r the Notd�
<br /> contlicts wtth npplicable law, such conflict shall na aFfecc aher provisions of this Securicy In�tnlment or�he Nae which �•�
<br /> can be given effect withvw�t9�e confttcting provision. To this end the provisions of this Security Instrument and the Nae
<br /> aro declared to be se�erable. •�
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