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<br /> '. _ paymen�s may a�Eongee be required.at the optian of Lender,if mortgage insurance rnverage(in ch��ount an��r�ie p�n�d � '�f.'•'
<br /> � � `'-�`� ihat Lcnder r�oqkip+es)provided by an irtsuret appn�Led by i.ender again becomes avaitabte and is obtaine�.B�r�ower shali pay ; :
<br /> � � � , • the prrmiums t+eyuiced.to�tintain mongage insur.utce in et�fect,ar to provide a tuss recen,e,until ttie r�uirement for mort�c � "
<br /> � ' "n insuranee ertd�in acmzdatt�w n�th any�vriuea agr�ement betueen Borro�ces and Lender ar appficable lau. ;:
<br /> � �;� . q.Ips�actton.I.ct���qt et�agent,may inakr rea�onablr entries upnn attd inspertians nE the Praperty. t.ender shalt gi�e .ti n•
<br /> ..� �:�.;f S�rmwer noticr at the tint�ai�or pm►=,Ep.c�s�,inspection specit}ing re�sot�ble cause fur the insp�tiinn. �
<br /> ���^� � ,� « l0.Cattdemnatloa. The�tceeQicc�f;any awant or daem for damages,direc�ap rnnaequentiat, in connection with any �-
<br /> �� °'�( � condemnatism,or.�iher talc�a$of.any part.of the Pruperty,or fur mnveyancc in lieu of condemnatiun.sue hereby as.signed t+nd
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<br /> r..�� � � _�.�.r Itt thc evr.itt of a tatal taking c�f the PtupeRy:the pmseeds shall bc appiiaf ta the sums secured by this Security Instrument.
<br />'---- _�;,;f,;�• avheiRer or.npt,then due.'�uith any esccss paid ta Borm��•er. in the event nf a pactial taking of tfie Prope�ty in which the fair �.
<br /> ' °'`,='� mari�et vaiusrotlthc Fcoperty inun��ti::triy i�f�re the takirtg'ss equaT:ta as greatcr tttast thc attwunt of ttte sumS sec�red by this -;'-.
<br />` ;°4r::.�:� • ° Serurity[nstrumtw�t imtrtedi�ely ts�fos+e the tal:ing.untess Borrouer and Lemter othenvi�3gree in tivdting.tf�sums secured by
<br /> � .} . this_Seauity Instrvment,sSr�tl�be reduced hy thc amaunt of the proceeds muttipiied by the foltu�ving fraction: (a) We total �'�-:
<br /> _� �._: - ;".;� amaant uf the sunu secu�et.l:immsdiatety before the taking,divided by(b1 the fair nrukei�aiue of the Property immediately ;;:
<br />. ----:- - � before the taking. Any balmtisa shall bc paid to Bflrro�r•er. ln the eyent af a partia!taking of ths Property in which the.fait • : '�•
<br />" �' " '�' market value of�e Property iiras�cdiaaely.�.fiis�e the taking is Icss than the amount of the sums secursd immediateiy before�he `��
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<br /> • �,� taking,untess Borcuwer and ixndcr othetcti�agrce in w�iting or untess applicabte law othenvise provides, the pr+oceeds shall
<br />�� �� ' be applied m the sums secured bs�this Secutity Instrumrnl afiether or not the sums am thcn ctac.
<br />- �;`�-. tF the Ptoperty is abant}oned by Borrouer.or if,aRer f�otice by Lender to Bnrrow•er that the rnndemnor affets to make an
<br />'.}��: ,';� award or s�tte a ctaim for da�mges. Borrower faits to respond to Lender within 30 dags after the date the aoricc is given. ..
<br /> = ` ".�t: I.ertder is authorezQd to cojlect and uppty the proceeds.at its optinn,either to cestorstian ar repair of the Fmpeaty or to the sums •-
<br /> ��� � i` � serumd by this Secarity Insirumetn,whether or not then due.
<br /> : �-_ :
<br /> :•.�` '`��:" ' Unless Lender and�Bq.rroever othe�a�ise agree in writing, any application of praceeds ta priacipai shal! not exte�d Qr
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<br />,, ;t, ,.•.,•,..:� pastpone the due date oi the monthly paymenu referred to in paragraph�1 and 2 or change the sunount of sucfi payments. {._
<br /> �' ,! - �tl.Borm�ses Not Retessed:Forbearssace By t.atder Nat a�isirer,Extcnsioa of the time for payeaent or modifiration . . }. �;
<br /> s�-�—�--�-�"� of amortiration of ttie suras secured bp this Security in�tnuuent granted by Lender to any successor in intemst of 8or�uwer shall r���'
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<br />- " � .� ° naa operate tQ.mt$ase We lia6ility of th�ist�giaal Borrower ur Borrower s successors in imerest.Lender shaU not be requiied co -'
<br />_�;�;,,. ��.'� „�;�.:� comm��me pmoeedings against any succes�"vr in interest or refuse to extend time for payment or otherwise modify amortizateon
<br />_ _ �:� • of the swns senete�!by this Security Instniment by reason of any demand made 6y the original Borrower or 6arcower's
<br /> `�'M"�`�°""" � ' successors iri interest. Any;�ort�easance by ixnder in eaercising any right or remedy shalt nat be a waiver of or preriude t6e
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<br /> • exencise of a�right or mm�d�: . •
<br /> 1 • � 12. Suoces�sois'aa� A�ns Huund;Juta# and,Sereral Liability;Co3i�ters. 'I4ie rnvenanu and agreements of this :,
<br /> � Security Instrament�sba1I,f�and benefit tire.sisccessors and assi�ns of I.ender and Bomnwer. subject to the pmvisions of ��`'
<br /> � pazagraph 11. Surrower s.�v�aunants and agr�ecrte�s:d�l1 6e joint and sevesal. My Borrower who co-si$ns thia Securiry ��-' -
<br /> �� �_ „ , ; Instruinent but daes not e�i���t6e Ndie:(a)is c�glu�g this Security Instn�ment oNy to mortgage.grartt atcd convey that gf'���
<br /> ��c�, � ' ,.• � Borrawer's interest in the P�y aaderthet�era?�S��;a�t�u�5ecurity Instrument:(b)i���hot persanally obligated to pay the sums
<br /> , � . t�-'T r f, secured by.this Security InstremenG aad t,�.� i.�t'�iler and ang other Borrower may agree tn extend.modify.forbear or
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<br /> �t'��``}� make an socommadatians with� ard Usti� t3�.' �9`n.�!5ecuriry I�rument or the Nate without titat Borrower's cunsent.
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<br /> 13.Loan Cbasges.Hf t6e loen seca�'r-��iy fiiis�iauix3�_y lnstnaiitent is subject to a law wh[ch seis maximum loatt chatges. _
<br /> ��'��` `• � and that law is finally�nterpteted so that the inte�st ccr,-t3�er loan c�arges collected or to be wllected in coanection with the � �_-
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<br />��.;�4'� "�. � .:. '-. loan exceed the permitted limits,then: fa)any suc6 toan�charge si�all,b+�reduced by the amount necessary to reduce the charge :
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<br />,�}, , : :,•_•.; . to the permitted limit:and(b)any sums.3ready collected from Borrr�ver which eaceeded permitted limits wilt be refundod ao .,.
<br />���t•'" • Borrower. Lendet may choose to make diis refund by reducing the�Qrincipal owed under the Note or by making a dirr�t
<br /> °'"v;:�,' � �, payment to Borrmver. If a�fund rer3if�s principal. the reduction will be treated as a pania] prepaymeni without an� � '
<br /> t` � PrePa3+ment charge undet t�EI�Y�. ' • • '' . '' •
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<br /> k • � � '� : 14.Notioes.Any nor�isj��t3'�r�ar.�_�vide���:c�n�chis Security Instrument s�iail be given by delivering•c��c,.by maiti� . • �'f:
<br /> s f`,t � � '�fz f� ' it 6y first class:rn�unless appIicab����.-�,t;���iir:s=is:L�another method.The notice shall be dittzte,A to the Rrapeny Addx��,� � '
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<br /> 's.s.,,:'1�..;;��+c^�: :,;, or any other ad�A'M.°'ss Borrower des•.,�iFa�e;�i�u,'�otice to Lender. Any notice to Lender shall�ts�.�.7�n by..frst class mziL.t�cp'"'.'
<br /> _ _ • . Lender's addree�`;�pt�herein qr azry:�tf��iu4dress Lender designates by notice ro Borrowcr: p.*:;�'notice provided for in t�ii�� _
<br /> Security Insm�ment s1�.a11�Erei'�rsied to�tt'�'been given to Borrower or I.ender when given as provided in this paragraph. .
<br /> ��, ' � .., 1S.C:cvfsn�ag�� �;�.p�€k; 'E'l�is Scrurity Instnsmeot sBall De goverrted by feders! lau; anc! she !aw of ihe� _
<br /> . ' " jurisdiction in w`sich the��e�ty is t;��-su,e'.1. In the event that any provision or clause of this Securiry InSmiment or the Idox,�
<br /> - . �' conflicu with�licabt�t�±a;,.'s�c1�cCtzliii�:shall not affect other provisiqns of this Security Instrum;.znt or the Note which i�n��
<br /> • . • given effect without Ute t��ifi�+tg pro6ision.To this ertd the pr+ovisions of this Securi,ty.inst�ii and the Nate are ded�
<br />-__;.-, . . ; to be severable. . ' . �' � . .
<br /> ;. �`;�' . 16.Borro�ver's Cop�.,'�;r'rc,i�',slttr�il be given oe�conformed wpy of tt�e Nal�+�cf tl'tis Socurity Itts�:naasr:nt. .arr;:
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