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.- , .. . . "r' ��p.�y�>o., � •`_ �y, _ . ._.—_ __, -ui�._�-- paymcnts may no longer be requircd, ut the��piinn uf I.ender, if nu�rtgugc insurancc rover��rc(in the'u6ia nt unQ'fcif�c��i((�1 thut l.c�xlcr rcyulres)provldul by un insiircr appruvcJ by l.enacr uguiii txcU�iies uvuiluhlc ui�d is ��biai�x�l. &►rr�iwcr shull puy the prcmiums rcquircd to maintuin mortgugc fn,uraurc in cffect,nr to pruvide a lotiti rescrvc. until thc rcyuirement f��r mortgagc insurance ends in accardance with uny written ugrcenxnt h�:tween Bonower und LenJer or applicuble luw. 9.Inspecdon. l.cndcr ur its agent may mukc rca+unable emrics u�mn:md inspections uf the Prapcny.I.endrr rhull givc Rarrow�r natice at the tinx of or prior tu un inspectiun specifying rcasunable rause fur the in:;patian. 10.Condettanndt�n. The pr�xeeds af nny award c�r cluim fur dumages. Jir�ct or con::equential. in eonnection with .u1y ��ondemnatian or ather taking of any part of thc Property,ur for convcyunce in licu of condemnation, nrc hcrchy assignnl u�xi shull be paid ca L,endcr. In the event of a totul taking of the Properry,the proceeds shall be upplied ro the sums sewred by this Sccuriry Instrument, whether or not then duc. with any excess p:�id to Burrower, In the event of a partial taking of the PropeRy in which the fair msrket vulue of the Property immcdiutely before the taking is equal to or g�eatcr than tlie anwunt of the sums sccureJ by this Security[nstrument immediately before the taking.unless Borrower and L.end�r othernise ugree in writing, the sums secural by this Security Instrmnent sball be reduced by the amount of the praceeds mul�iplied by the following Gaction: (a) the lotal amount af the sums securai immediately bcfure the t:�Cing,divided by (b) the fair markct value of. tbc Propeny immediately bcfore the taking. Any balance shaU be paid tu Borrower. In the event of a partial takin� of the Pi�uperty in which thc fuir market value of the Propeny immcdiatcly before thc taking is less than the amount of the sums securcd immcdiutely before thc taking, unless Borrower and I.ender othcrwise agrce in wricErt�or unless applirrble law othenvise provides,thc procceds shaU be applied ta thc sums securcci by this Security Instsument whether or n�t tha sums are then due. If the Properiy is abandoned by Borrawcr.or if,aRer naticc by Lendcr te&.�rrower that the rnndemnur otifers ta make an award or settle u claim for damages. Bonnwec fails to respond to L.ender wi�hin 30 duys after the dato the notice !s given, Lender is authorized to collect nnd apply the prcx�eeds,at its option,either to restoratir,n,or repair of the Propeny or to the sums secuced by this Security Instrument,whether or not then due. tiniess l,ender and Borrower otherwiae a��ree iu w�it+�i8• .:r+5 applfcaiion of prace�s to pr�rcips! shs!! not ester.�l a! postpone the due dute of the monthly payments rz;�rred to in ps�ragraphs 1 und 2 or change the umount of such payments. 11.Borrower Not Released;Forbwranor By i.encl�tr Nut a Wxiver. Bxtension.e�f the time fcr payment or modification of an�a�ti•�ation of the sums secured by this Security InsUtnr.etae�,t grant�ed by Lender to an.ti�successor in interest of Boaower shall not eperate ta releasc the liabiliry of the original Borrowet�e��orrower's successors in i,:a:rest. Lender shall not be tequired to commence proceeciings against any successor in interest or r�f�se to ext�tnd time for payment or otherwise madify amartizetion of the sums seciaced by this Security instn►a�etet by reason of any da�k�:�3 made by the ori�ina! 8orcower or Horrower's ,u�;,z;,;,rs ;�;,-d,,��;.. l;r.y fos+�assncc b; �,.^.-n?e* in exer�'�;n�s�ny �iMe1�z 4�•r remedy shall not be a waiver of or prcclude tfx eaercise of any r�ght or remedy. 12. Suocessors and Assi�ns Bound; Joint pnd S�Yeca1 Ltabtlity;Co�lgm�: 'ff�,� covenu►ts and agraments of this Se�curity Instrument shall bind and beneft dx successors aad assigns of[.ender.uncl �orsower.subject to the provisions of parag�aph 17. Be�.hver's covenants and a�ra'ments shall be joint utud s�ve�al_ At��Borrower v�+ho co-signs this Security Instrument but does not exesute the Note: (a) is co-signing this Securib�Im��umeat pnty to mortgAge,grant and convey that . Buf2�•wex's interest in thc Property under the terma of ti�is�udtX Instrume.nt;(b)is niot personally obligated to pay tho sums se�:e�rEfl Ly this Securlty Insuumenr,and(c)agrces that Len�ierand any other Borroa�r may agree ro eatend,modify,forbear or make�suiy accomar:dations with regard to tha tarmR of this Security Instrument or the�3�te without that Borrower's mnsent. 13.Loon Clhs�agas.lf t4c lom►secured hy this Security Instniment�ty subject to a law which sets maximum loan charges,.. � and that law is finaily interpretod so thnu tl�a intutest or other loan charges srollectod or to be collected in connoction with the loan exoxd the permitted limiu+.then:(a)eny�such loan charge shall be rulucod by the amount nxessery to r+educe the chuge to the permitted limir and(b?•a�.y sums alreudy callectad from Borrower whlch ex�.pamittad limits will be�efundod to , Borrowcr. L,endor may chuqse :�make this refund by reducing the principal owed under the Note or by making a direct payment to Batsowar. If a reF:��' redv� �cipal, the reduction will be treated as a partia� pctpayment w[tFiout any prepayment chaqga undor tbu Nc�:�. . �14.Nut�ces.Any nottu¢tx�IDonrower prpvided for in this Socurity Instrument shall be.given by��ielivering it or by mailing �� • it�y�r.rst class mail unl�ss appfiic�HYe law rc�quires use of anot6er mettwd.Ttu nodce atialt be dirated to the Property Address or�ur�r other address Borrower designates by notice to Lender. Any notice to Lender shal!be given by firat clau mail to Lender s address stated herein or any other address Lender designates by notla to Borrower.Any notice providod for in this Sexuriry insttumunt�shull be dattx�to hUVe 6een given to Bocrower or L.ender when given as provided in this paragraph. 1S.Gorerni� I.Aw; SevarabEllry. This Security Instrument shall be govemgd by fedecal law arM the law nf the judsdiction in which the Prope�ty is located. In the event that any pmvisian or et�as�of this Security Instmment or the Note conflicts with appticable law,sueN cont�ict shall not affect other provisions of this Secaxrity instniment or the Note which c�n be � given effect without the confltcting provit�ion�To this end the provisions of this Sar�rity instmmcnt a�d the Note are declared to be severable. 16.H�xrnwer's Copy.Horrower shall be given one confom�ed copy of the Note and of this Securiry Ingtrument. wn�so2a s�so ' Pp�4o16