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<br /> �ymonts nu�Y+x��ongcr be reqtdral,ut the optian uf Lc�xlcr. if nx�rtgagc insurunce cnveru�c(in thc i�mount ufld fot tlic psricxl
<br /> ttu►t l.ender requirc�i p�vidai by u��i�.;u�a: apNr.s::.,!ts�:�:t�.�_r�+o:�4n h�+�+mcs uvuiluhlc und is obtaine�f.�iorrme¢�t shAll p:�y
<br /> the pre►niums reyuirod la ��wlntafn nwngagc insurance in efCect.ar ta providc:�luxs resen�e.,untfl thc rc�uircment for mari��x
<br /> insura►x�endg in oca�rdunce wi�h any written ugre:ement t+ctween Bormwer und Lc��dcr��r upplicable law.
<br /> 9. Impe¢tlon. l.enalcr ar ft�egent may make reu��nnable entries o}�an und inspcsdons of thr PmpertY• Lcixler shall givc
<br /> Horsawer notice At tix time af or priar ta¢n ia+pecdon speeifying rca.sc�nxble euuse for the in��xctiori.
<br /> 1Q. Conde�nnwtlon. The proceals uf any uward ar claim for dumage:+, dlrect nr cansequenti:d,in cannectian with any
<br /> randcmnutian ar other taking�f any pnrt af thc PropertY.nr for conveyance in licu nf a�,�lc�unutiun.aru hcreby a.�.tiigncd and
<br /> s6a11 be puld to Lender.
<br /> In tho cvcnt of u total tui:ing of the Pmperty.thc procecds shull bc c►pplied ta thc sums securcd by this Sc�curity Instniment,
<br /> whethcr or nut thcn duc. with any exceu patd to Borro��er. In thc evcnt of u parti�l taking��f tlie Pmperty in which the fuir
<br /> murket value of thc Property immcdiately beforc the tuking is equul to or Sr�c:►ter than thc amount af thc sums sccunxxl by this
<br /> Security In�trument immediatetiy before the tuking.unless 8ormwer und Lencler otherwise agree in writing.tbe sums secumd by
<br /> this Securlty Inst�urnent shaTl. De r.aluced hy the umount af tho proceods multiplicd by the foll��wing fractjon: (u)the totnl
<br /> amount uf thc sums r��.r.od i.�.rntx�iace[y[�e�fo�e tbc takins. dtvid�ci:I�y+ (b) thc fuir mnrkct vriluo of'the Pmperty immcdiatcly
<br /> before the tuking. Any I�aY�.r.ce sl�a[! (x FsTa to Borrower. ln.the event of u partial tuking of t[�e ,Pcoperty in which the fair
<br /> market value of th�e Pro��ty irnincdiatcly I�fore the taking ts[ess eha}.�khc zmount►�f t��sums socri.red inwx�iately bGforc th�
<br /> tuking,unless�o�co�wer und i.ender othervwise agrce in weiteng or�nless upplicable lati� o�h2•uwise pr.vvi.ctes,the�ar.cxeeds sha01
<br /> be applied to che s�en�w secured by this Security lnstmment whether or nac the sums arc then due.
<br /> 1[the P-�pe�jr is ab�tdoned by Borrc*wer,or if,aRer notice by I.ce�der ro Borrawer that tNe c�i►de�rmor offers to make an
<br /> award or settl�a��afm for daawges. Borcnwer Sails to respond to Lxnder wtthin 30 duys after tiie date the notico is given,
<br /> � the rocecds,at its ion,either to restoratton or repair of tlx Propuety cwr�o the sums
<br /> I.e�der is autho�rized to collect and aPP Y p °�
<br /> serunod by this Sccuriry Instiument,whether or not then dtc�.
<br /> Uulea� L�:+�icr an3 B�rrot:er oshemiise agree in writin�, eny application of pnicceds to principal shall not extend ar
<br /> postpone the d►i�w'.att of the monthly payments referrcd to in paragrapl�s 1 und 2 or change the attwunt of such paynxnts.
<br /> 11.&�rn►�r�a Nat Rdeased;Forbearance By Lendsr NM a Wx3ver.Extension of the dme for paymeret or modificatia�e.
<br /> ot amortization of the sums srcurcd bY this Socuriry Iastnr,ment grnntod by I.ender to any succ�essor in intcrest of Borrower shxll
<br /> not ope�ate to release the li�at,,n',c;:of the original BorraK•e�mr Borrawer's successors in interest.Lcnder shall rat bc roquirod to
<br /> commence proccedings agaih5q�u�y successor in interest ar rcfuse�to extend time for payment or otherwise modify amortizatlon
<br /> of the sums securod b�r this 5ecurity In:,4s�nxnent by reason of any demand mado by the odginal Borrower or �rrower's
<br /> ���.,;;,„,„,,,,,„�, n�y forhearnnce hb�!Lc��er in exerctaing any right or remedy shull not be a waiver of or preclude the
<br /> exercise of any ngd�t or ren�edy. ' •
<br /> 12. Suceea�ats and Ass�n�Bound+ �qint A�di�eirtral Liability; Co-sigaers. Ttie covenants and agrocxr�e�te of thia
<br /> � ScruHty InstrumGnt shall bind and benefit the sqcr.��.��rs n�nd assigns of Lender and Bomower. subject to the �+>>a�risions of
<br /> ' ixttsgcsph 17. ��*Yawe�'F covenants and ageeemten¢s.shnU �e joint and sevetal. Any Borrower wlw rn-signs'��1iis��.6ecydty
<br /> in.guument but does not execute the Notc:.4<�)i:��co=Ki�i3ng this Secw�7E•a�mstrument only to mortgage. grant u►�,i;�iSvey.,�i�'
<br /> Batrower's inte�t in the Prope�ty under't�u�a�NS o,f,t�is.Sxurity Instrumenr. (b)is not parsanus0y obljgatod to�Sny the au'a�
<br /> securod by this Security 1ns4e,tit��nt;and(c?agre�s th29�ll,en�+er and any other Borrower may a$roc to cxtend, modi�y+forbeas or'�
<br /> ��any accommodAtions w�th regard w the terms uf Q9�is Security Instrument or the Note without ttwt Horrower's eonsent.
<br /> 13.Loan Cht►�es.If the toan securod by th3s Securlty Instrument is subject to a law which,sNs maximum lorn charees,
<br /> and that law is finally interprnod so that the intercst ar other loan charges oo8ectod or to be onifft��d in connection with the
<br /> loun excoed che peirn►itted�imics.then.(a) 8ny such loan charge shall be roduoed by the amount neassary to reduce the clwrge
<br /> �ct'!�e permlttod ltmir, and(b)eny sums already oollec�'iti�isom Borrower which ea000ded pemutted It�mits will daiS cefundod to
<br /> �,1�c,:nr�ayer. Lender may choose to make this refund by �rEC�ucing the pr�ncipal owed under the Note�or bX;ml�kin$a diroct
<br /> j�jvmr�t to.•Rorrower. If a refund rtduces pdncipal� ttle u�uction will be treated as a pac'tial PrepayrnG�t tivithout s�ny
<br /> ,�+rr�cpAyp}ef�t chazgc wider the Kotr.. r
<br /> . X�.•NoYda��•:Any notice to Borrowcsr provided for ioz this Securlt}•�Instrument stwll be given►�y Q�livering tt or by majling
<br /> . ��,�by first elass mail unless applic�ble law requires use,o�'n�lother methud. 'It�e ooti..e shgll bo dira�ted to the Pc�npe�ty Addrcss
<br /> or any other +ddras BorrowE►desi8n�tes by nott�° ta�•�:e�der. My nacia W F.:endsc shall be given by fitst class mail to
<br /> Lender's eddress stated herein or eny other address i.ender design�tes by notice to'Borrower.Any not9a providad for in this
<br /> Security Instrumcnt ahall be dx►nod to have been given to Borrower or Lender vrlun given as provided in this peuagraph•
<br /> iS.Govuatn6 Law; SeveraWlity. 'fhis 5ocur+ty Instrumcnt shall be govemed by fodeni !aw and the law of the
<br /> jurisdiction in which the PropertY is located.In the event.that eny Provision or clause af this Security Instrurnent or the Note
<br /> oonflicts with applicable law.such canflict shell nnt a�£e��ather provisions of this Securtty instrument or the Not,e•which can be
<br /> given effect without the conflicting provision.'II'o this etiU tite pmvisions of this Security Insttuataat snd thc'No'tc sut declund
<br /> to be severab@c.
<br /> 16.Borro�rcr'a Copy.Burrower shall bC given one confom�od oopy of the Noce and of this Security InsnumaN.
<br /> Fo�m 30M 8f80
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