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<br /> . paymcnts tuay ma laas�r be requited.as the oprion of lxnder.if mortgage insutante w�r�r(�n the�nnouat anA for[he pe�iud ;f
<br /> :.. .,r � that i�eadtt tequims)P�tiidod�y an iasurer appm�ed by Leader again bea�mes aYSilable aad'u obt�iel2Q. Boma«er sLa11 p�Y
<br /> ` :.;.;� thg premis�a�s nq�ited to maintain m4Rgage insuranae in effi�ct.or to pmvtde a toss resewe,until the requir�at for moitgare ` ' .
<br /> . . � in5wau�e ends ut a000rd�ace��rith any Nritten�re�aent b�tw�eeu Bormwer aad Ixuder or appticahi�la�v. ,
<br /> ' t q.Inspecito�. Lentt�r or its agent may aaake reasflnahle enuies upon aad inspections of the Pcopats.l x a d cr s b a 1 1 gi v e
<br /> : ' ' S gi,nau�rr nasice at tn�dme ef or priar to an iatipact�oa specifying reasonab2c cause for the inspBCtloa. "•:; �.� ;-
<br /> . '` ;.� 10.Can�iton.'ihe pmaeeds of any a�vard oa claim for damages,di�ect or oonseqsienti�l��11 QUIII4Ca19A al�8�1�1 '.!r•
<br /> ' ` �., ' �: aondemnaaon ar oitszr ta�iing of aay part of the Pcop�.ur for mn�ey-a�ce ia 1�of aondema�atioa,are hecebg assipted and °`. b.°:..:
<br /> � shall6�pai�to LRad:r.
<br /> in the ecent of a tntal taldqg of th�Property.the prooeed�shaU b�applird to thQ svams s�cured bg tbis Seauity iasmuaent• _.`:---_ -
<br /> - � _ - w��er or uot th�n du�a'it1►�qy excess paid to Buimn�r.In tte�eti�ent af a pastia2 tsginS of tae p,ro�►etty in afiich tke fair - - - -- .
<br /> T� , m3r�et�°alue of the Pm�imttaediat�is before�r takiqQ is e�yusl to ar g�uer than the amount of the sums aecured by this =
<br /> " . S�cutity Iast�ument ianu�ediately b�foie the t�lcing.unless B�rma�r an�Les�et othecwise agtee in a-ritiqg.the s�ms se�.+ued by , '-
<br /> � this Sacurity lnctn�meat shall be�'�ed by t4e��►�aac of t�e Qmoeeds�laPlied by th�following fra�am: (a) �t�1 . �`-.,�,
<br /> �• '' �� ; amavnt af the sw�as s�cuied immadiaxel�r befoie r�r�aktng.divided by N)she fais mar�t��alue of�he Property i�ediaielY .,,;;?�,%:�1:._:.
<br /> � `�` � before the taking.i�ny balanoe sha11 be paid w 8oaua�. Ia►thE ev�t of a partisf tatitt�of the Property ia cvhich the fair ;r:::::..:..::.r:.
<br /> � � 6efoie We tak�ng is less than the amnnat of t�r sssms sea�md ia�ediatelY�fore the ` `•`
<br /> �� - marteet vaIae of�he prnpeny i�diazelY ea , :
<br /> •. , r t� taking�.untess BotroR�r and L�tder oahe�wise agree in wrlting os mitess appiisable taw otheiwise prm�ides,the pmceeLs sha11 =` : . `
<br /> `�`�' `- be applied to the suins sx�ed by this Secvrity Insnusnent whetl�or n�t tbe sums am thap due.
<br /> '� 1 h::�.'•..
<br /> .'`� If t�e Propert�is abamdoaEd by Bonower.or if,aftrr aouce by L�ader to BormweF tLat the condemnor off�s to make an ,I__`,;,: ;. _
<br /> '-'•-3. award or s�[!e a cta�m for damages, Bonoarer fa�s to iespoad to Irader within 30 days afcer the date the�otice is givw, : ;r:.., ��
<br />' ,:':�;:�� l.ender is autharized m ooltect arsd apply the pmceeds,at its option.eit�et to restoration or cepair bf ihe Froperty or w the saau �; '•;;, _
<br /> '!{.� secnmd by this S�xuity Insnumeab whether ar not thea due.
<br /> f ';�� Unl�s l.euder and Barmwer athetwise agee in wriring, anY aPPlication of proceeds to priu�cIpal sba11 not ex[eud or f ' .,,_,
<br /> ' , t�-f: hs 1 and 2 or c6an e the aamwat of sucL paymeuts. `,,:` ;o,� �
<br /> � �r�, :v po�ione the due date of the montbly payme�s zeferr�m in paragrap 8 � r _
<br /> ..E�y,'��E�'..;,,;;�� Ili.Barro�er Noi��Forbearance By Lea�r Not a Waiver.Extens�oa of the time for paymeot or mucuRcauon : _..,r4�-�v
<br /> ,, r' '�Ft` f flf amnnizarion o f ihe�aec+uteGE hy this SeQUity Iasavnt�ut granted by I.euder to any suocessnr ia lateress of Bomuwer shall �� � �
<br /> `r; '�'`� i. aoE opetate to iel,ease the liab�i�y of the original Borcower or Bormwer's successors in interest.l.ender shaU not be required to ' ,t' :. ;�
<br /> ate �w�
<br /> r':,.`:5�, �'�: ;.>._
<br /> ,� :: commeuoe ptoc�fiu&s againu anY�°r in interest or tefase to extead time for payment or othe�a�ise modify auwrt'vatioa �,h"
<br /> ��;�� ' � � of the sumv sscaced by this Seauity Insuum�ac by reawn of aay demaad made by the origiaal Borrower or Bu�rawesr's �`.��' �e __
<br /> •;!i:r� Insuu ti .��� =
<br /> °�� Y`� sueo�sors in��Any fo:bearance by�Leader in exereising any r�ght or m[Qedy shall not 6e a waiver of or preclade the ��;;:T--.M�:::
<br /> �t�� � • ,_.,`�.'�= :_
<br /> -�41� exercise af any rigTst ar mmedy. The oovenaars aud agceeroeats of th'rs .�;"�:::`-.�-_--
<br /> . . .. � � IZ. S�II� ASS�S SOlI11fI's.�O�IIL 8IId SfY�8I L�B�d�Q'�'�• ,.•r v,._
<br /> - � SeQUitY Insnu�L s�aU bind and benefit the successaas aad assigns�Exader aa�d Sorcawer, snbjed to the pmvisinns of. '�. �...
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<br />. . . :;f P�S�Ph 1T. Bb'aiocver's ooven�nu aa� agreements sTaalI be:loint and severai. An,y Eorna�ver wlio cosigas this Securiry :',.f�*+,___
<br /> - Ia�m�nt but daes aot e�ecace.the Note:(a)is co-sigviu�i�SeauitY Instnimeat a�y to mflrtgage,8rant aadcoavey tLat .`, �`��y`y
<br /> �` �es'S iAterest i�[he Ptopc�y undet the teRns of t6t5�Y� �men'lb)is tta�PersonallY o6ligated E�pa�+the sums �
<br /> - . � �:::�' seai�s��Y tpis,SrcT��}'�:and(c)agrees tbai 1xa�u�1'any other Borrower may agree i�►extead,iaadify�::forbear or i ,, = :�
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<br /> _ - -. - - make an y accq�ons widi iegard to tfle tera�s of tt�is Secucit3►Iast�rr.nt or the Note arithaut ttcai Bosrower°s canseat. � ;.;Tr,.::,. :
<br /> � 13.Loan Ci�arges. If dse loan secured by t6is Secauiry Inshvm�l:as�ubjoct w a 1aw wluch sets m a�d m u m t oan c b a t8 e s. y:;,�,r,: ;,
<br /> . � aad that law Is finally interpr�so that the interest or other loan s�r`s collected or to be co u�x�d in w n a��i 1 1�� '�"`;�' : �
<br /> :f"��:. an such loan shall De ieduced by di��nouat necessary to re�t�charge �—
<br /> .:;:t����: . _ loan exceed the permiaed 1i��i3.s,-'tfien:(a) y �� �`.°�i�i-:r
<br />- �,.�..;�tE. .;: „;•�.`. to the permltted limit;and(b���q sums already collected fram Bormwer whtcD eac�'a�persnttted Imuts aW 6e'te�amded.to ':;y;,�r�
<br /> ' � Borcawer. 1� may chaose to make tbis refuad by reducing the principa�owed nnder the Nate os by making a direct �:':,-.::• „
<br /> i �s :�`'' payment w Bormwer. qf a refuad reduces princIpal, the reducoion wiil be ueated as a Pa�aal Pr�al+ment arithout aaq ,r �`� ;°.
<br /> ' �,��fr�. _
<br /> ',L�i`�� • .. t c8at e uader the 1!sa.oe: ;., . � , . ,chi�s=�
<br /> <.��� �� P�PaY� g � �t/
<br /> y -! y �` � 14.Hoti�s.P►ny r��ce�n l���e�Pro�rided for i�.t��rity�t sfnall be givea by deli�ering�r,�f�y mailing , ��
<br /> w the Prrrr�y AdMess t�.-,_ �.
<br /> ,,' �'�.•� �°.:�� h by first class�ia5�c}ntess applicable law z�u'rses use of��er methad.'Ii�e notIce sBaU be dire� . , --
<br />,�:Ir��b��f��.��. • `4 �izace to lxnder. Any matfce to l.ender shaU �r'•�yw�u.by first cIass maab to,_ �. ' - -
<br /> v,;�?t ti �.' ;. '.. or auy ottset�a�4dr.��.Sasmwer deSignates.�.. � . �
<br /> Leader's add��t:n�d heteia or any otLer fuill4.*�ss Lender designates��notice to Borrower.Aa�t'�cttce praviQod for in Qhis' • r .
<br /> Y.;r'���'� �ty I�su�t shall be deemed to Lave becn given to Bqrmwer or Lender whea given as pmvided In this paragraph. '�,;; .
<br /> 5�(a . 15.Gove�ng Law; Se"erabilin'. '�S ���5' �°L � �e govemed,by federai taw and the law of ehe �. Y .�.
<br /> ,f�=.. ��.� iurisdicx�an ia'±xfir;��eb the Propeny is located. Ia the eve��.'any.provisian or clausa of ttds Security Insauiaerit or the Notg •: . ,'',
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<br />-; • � '',.;:`�,,s�;` contlicts wit�z aggsl3r.able law.such conflict shaU not affect o'dk�s gmo;��s of this Sec.vrity 1nsw�nt or the Note wbich c�br'���,: ' �;�� ��• „
<br /> �; ` , .�� giveu eifect w�hihs�vt�the conflictiag pmvisia�:.�o this ead ttie prQVi�r,��::2f this Secutiry Insuumaak�tmd the Note are dec� � �`yr��, ;
<br /> � ;�4�ti',�'� .' .�¢'' u�i3a�se�!erabie:�.. � •_ ,; � of tlus S . ���,j� �.
<br /> ',�'�:2�:�;- -�` •. l�•�ort+bwer's Copy.Borrower sha11 iee��iven a�re��+�a�copy of the Note and ec�`q Ens�r. ��. . ? n;
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