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<br /> � � 98- �o�s �
<br /> �� nayax�tats may no lunxer be teQUUCd,ut t6e optian oF l.endcr,if mortguge insurance covcrase(in the astauut and fur th�period
<br />-=� t3�at lxndr.r rcqu3res)pravided by an(u.attrcr epprovedby I.endetagaia becamesavaiiabfc and i�obiniucJ.a���:.:�+crfiva!!P�� _
<br /> tho premiuma rcquiredto mpit►tainmortgagc insuraace in�ffect,or to provido�lass resctve,until the reqei3remeatfor anortguge
<br /> ,'�� insurnnce eads in eccordance wit�any written agreement betweea Borrowcr aad Lender or applicxblc law.
<br /> -- 9. i�apectios. Lcader or its s�gent may make rca�onableontdcs upon and inspcctions of thc Property.LcndcrahaU give
<br /> a�-� BorrawCr aotice rt tl�c time of or pder to an laapectton specifying rcasonablc cause for the inspection.
<br /> - -;_ i0. Coude�o�uou. Th�proc,;cAs of aay a��rard or slairn for damcgcs.di�ect or consequcntial,in conacction with any _
<br />_= conde�donor othertuidog of any part of thc Property.or for convcyance in licu of wndemnation,are hereby avigred and
<br /> shall be paid to Leader.
<br /> --�� In the eveat of a rotal taking of the Praperty,the procccdsshaU bc appGadro the sums sccurcdby tb�is Security[astrum�nt,
<br /> _i whether or noi then due. with aay e�ccess paid to Borrower.In the event of a paxtial tal�iag af the Property in wbiich the f�ir
<br />':� mazketvalue of thc Property i�onAaediately before tAe taki�,r u equal to or greacer than t6e amount of the sumx sccured by thit
<br /> i.�� Suwity lastrumentimouediatelybcforc the taln�r,ualess�ocrower and Lend�rntf►erwise agree in writing,tba suAnssecwedby
<br /> tlus Secu�ity Ie►+cru�oaecut s6alt be reduced by tb�r amowat ot tl�pxoceecis m�ltip4cd by the fol]�owing fractic�n: (��to��
<br /> :�� xmoumt of the sams secured immediatcly before tAe tating,dinrided bY(b)tbc fair market v�lu�o�due Property� tY
<br /> .��� before t�e talriug. Auy balaacc s�all be paid to 8orrower.la tbc cvcnt of a paztial takiag of the Fraperey iu which the fair
<br />-,�ti naarketvalue of tt►e Property immcd'aatelybefoxc the takiug is l�ss t�aa the amount of the sums secured immediaxelybefore the
<br /> ���'_ taking,noless Borcower aad L.e►xk.i othetwise agree in w�i�i�B ox unless apglicable law otherwise provides,the procec.cts shall
<br />�-' be applied to the suma secured by tDis Suurity instrument wbYether a not the sums are then due.
<br /> '�"i If the Propocty is abnndoneAby�3orrower,or ff, after notice by Lciuler to Borrowerthat tha condemaoto�'ers ro make an
<br /> - awud or settle a claim fa daaaagca Borrower faiLs to respo�ad ta Leixler within 30 daYs after the date Rha notia is g�ven,
<br /> -- Lender is authorizedto collect an�apply the proceeds,at its option,either to restoxadonor repair of the Property o�r ro the swms
<br /> c•�•,r•e!b•�t���S�o.►uity Inunzment,wbether or not tben due.
<br /> Ualess Lanclsr aad Borrower othecwise a�pree in wridng, agy applicaiiou of p�a�.�:�s:o principa! shel� nnt��tencl or �
<br /> �� postpone the dno date af the moathly payments refened to in paragraphs 1 and 2 ar cbmge the amount of sucL payments.
<br /> — - 11. BoR�on�cr Not �d;ForbeAra�ce By t.eade�'Not a Waivcr. Rdension of the tima for payment or modif cationn
<br /> of amortizationof ihesums securedby t6is Securiry Instrumentgrxntedby Lenderto anq successorin iateresto�Bartowershall
<br /> not operateto releasothe liAbility of thaorigiaAl Borroweror Boaower's succ�ssorsin interest.Lendershallnot berequicedto
<br /> vommenaproaeclin�s ag�inst any sur.a.tsar in interest or rei'use to extcnd time for payment or othr,�v�ise�odify+�morti�bon
<br /> of the sums secured by thi.s Secwiry lactrament by reason of any demand made by the original Borrower oc Borrower's
<br /> _ � aueeessors ia. tntorest.,a►ny iorboanmcaby Leuder in c,ic�wiag aay rigl�i ur rcmed�;�S!!a�s be�svaiw_*of�v�reelude the ,
<br /> exercise of aay rig�t or remedy.
<br /> l2. �uecessoee aad Asslgn�Sowd, ldnt and Sevec*1 Ita6Wt3*, Co�pera.The covenants aad agrcameataof this
<br /> Sectuity Iastrumsnt shsdl b'md and benefit the successors aad assig�ts of Leader at�t�Bonrowar,snbject to the.pmvisions of
<br /> - Pua�raPh 17. Rorrower's covenants and agrcementsshall be joint and sevcral. Any Borrower who oo-sigas tliiis Secat1tY
<br /> Instrumentbut doca not eu�:ute tbe Noto: (a)is co-sigaing tt�is cectuity(nstrumeat only to mart�euae.�ant�td a►�veY.th�t
<br /> Bocrower's interest in the Properiy under t�►e tesms of this Security instrument;(b)is not persaaalty ohtigated to pty ttt�ee�tunF
<br /> �ectutdby tLis Se�urity Instrument;and(c)egreestLat i.euder and any otLerBonowermay�reeto�tend,modlfy,fatbear ar
<br /> make an:y accommodatio�s with regard to tho terms of this S�curity Instrument or the Note witlwut that Borrower's ooasen�
<br /> 13.Lo�a C'hac�es.ff t1u loa.a secvred bp t6ts Sccurity Iastrumwtit subject to a law wbich sets maxim�nn laa cbargcs,
<br /> and that law is finally interpretedso th�t Ahe ic►terest or other loan chuges colleded or to bo ooUetted in c�oa�c�oa a��e'
<br /> loan ezoeed thc pe:mittedlim�s, thca:(a)aay�suei�lo�n cbuge abaU be:e8ucedby tbe aunountaeawry to redae tlre c�rge
<br /> to the permittedlimi� and(b)my sums already colluxed[rom Bonow�er wluch ezxeded permittedlimita w�7! be refondai tn
<br /> Bocrovver.i.ender m�y choose to make tlils refund by reduang the prinapil oa�ed undu tbe Note or by matm8�dicect
<br /> payment to Bprcower. II a nfund reduG�Principal, the reduction w�l be tnate�as x paRial proPaYment�vitlwut a°p
<br /> prepaymwt ch�r�e under the Note.
<br /> 1�.Notices.Any nodoe to BorrowCr provided for in tbis Securlty Iustrumentshall be gtve:►by dc}iveriog it a lry ma�in8
<br /> it lry first rl�ssa mail antesa appticaMe Lw raqu�res use of wothermethod.The aodce ahall bo d�rcded to the PrapertyAddreas
<br /> as any othor�ddress Barower desi�n�tea by natica tu Lender.Any aotice to I�ender sh�ll be gMen by&�at dass m�u�to ,
<br /> I.endor'a�dt�te,�s st�ted herein or sny othar addre,cs landec dasigfiates by notics to Borrower.Any notioe provided fa ia thia
<br /> Secutiry Insteument shall be deem�d to heive becn given to Borrower or Iander wben pf�ven as ptovi8ed ia tLis p�ipb.
<br /> 1S.Gaveruir� i.mr, Se►erabtlity. 'I't�Ls Scc�uity Insirument ahall be gmroraed by fedemul law �nd tLe law of the
<br /> juriadic�ion in which th�Property ic located.In th�ew�tnt thmt any pcmn�ion or eLuse of tLis Secarlty Instrumeator the Note
<br /> — c�nfficta with:pplicableLw,snnc�ontlict shali not atted other provisions of this Sec.lu�ty Instr+�mentor the NoteMhich can be
<br /> givon effed witkhout the conflicting provision. To tbis end the provuions of this Security lastramontand the Nvu u�e declared
<br /> to be severable.
<br /> 16.Borrawar'a Copy. Bonowershall be�vea ono oonformedwpy of the NQte and of thiia Sc:eurity Instrumtat-
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