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<br /> , .: '� A#���Y an IoIIger be ce4�•az tIle optioa o€lxe�er.if mortgage insurar.se wv e tin the amount agn�fo�lS�@[fad �� • :�`".;::�
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<br /> _ " v � '• t�na Le�der raqaiies)pm�rsd0d Dy an insucer approved b3r�er aga�n becomes avaiIable aad is obtaiaecl.Bocrow�er sdalt pay , . • _
<br /> � '� tas premiums recluised to�ai�tai�mortgage i�uaaae in effea.or to provide a to�s resence.�mtit the reqn�rement for mortgage ,.
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<br /> � ;-�`.. °, insuraace eads ia a000rdance with any arriuea agreemem lxtween Sotrower and lender or appiicabte law. f . , .
<br /> 9.I a s p�on.Lead¢r ar iu a gent may make reasonable enuies upon and inspe+�tions of the Propercy.isnder sha12 gi►e f� � . : -
<br /> ; �,.' _ :. '� _ Baarower natioe at the time of or prior to aa inspe�xion specifying teasonabte cause for the inspectiaa. e" <. � ��`: :.
<br /> --� ���`� i 0.C o nde�na�ton.'lt•e pmceeds of aay award ar ciaim far dantages. di�ect or consequential. in ooarnectic�n with any �:=°.;,;���;.�Y �'':. `�
<br /> •- � . � coa��mnasion or otder ta�i�g of any par�of the Property.or for aeaveyance ia lieu of ooadecrmation,are l�ereby assigaed and �: �. ``
<br /> ° sha�i 6e paid to Lender. � , ,
<br /> 't In�ev�nt of a total taYing of the Pmperty,the proceeds s6a116e applied to the sums sacared by tlus 5ecuriry IaSwmen�. � .
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<br /> - . -- - =-T=; nh�her or not then ct�t.s�ritb any eaass paid tQ Bonower. In the eveat of a partial taking af the Property ia whic6 tbr fair =--_-- -
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<br /> ^:•J �St watue of ttie Prope�ty immed'eate�p befo:e the taking u equat w Qr greater than ttle amount of the sums secured by this _ . . .
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<br /> �. ' • ..i Seauiry iamvment iaut�ediatetY before the taking,un2ess Borcower and Lender otherwise agree in mitiag,the sums sec�ned by , : . "
<br /> ���� �his Secuciry In�i sLall be reduoed 6y the azaount of the pr�s mutapli�3 by ch� [oltowing fraction: (a)the cotal. ' ;:�_r_.. . . •_
<br /> � aa�unt of the sums s�wied immediately befote the ta�ug.divided by tb)thE f a i s m az ket v a lue o f t h e P r ope r t y i m m e d j x t e 3 y :,-.� .
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<br /> �_..` yefore the aYin$. My batauce shall he paid to Borrowet_ In the eveat of a parual talang of the Propdty in:whif3i.the.faIt: 1f�r . . . - �r '_.
<br /> ;. market watue of tht Progetty immedi�telY before t6e taking is.tess tUan the amount of the sums s�cuced immcd3ately betore tha f r•`?�*`�` `� ,
<br /> ` :' `� taking.unJess Bnrcawer and L e n der a t A e�r i s e agxee i n wri t i n�a r u n t e s s a p p l i c a b l e l a w o t h e�i s e p m v i d r s,.t h e p r o�s i�a l l f �,�t t� <x Ss;���;a,
<br /> .Y� I�umeni wtrethes nr.not the sums are thea due. ��.
<br /> ` ' '-4 be appliLd ta tf�mums seC�ned bl th3s Setu1-i�Y ; 'r�o 4' ,��•
<br /> .�":, ;•�': If dfe Pmgecty is abandoaed 6y�om�wer,ar i�after natir���LeIIder m Sornower diat dte coademnor offers to nsake an , '�� `•F _
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<br /> �.':-`.� award ar�ttte a daim fos damages,�arimwer�7s.m resgaa�tu:�der wiihin 30 days after the date the notice is given, . �.
<br /> � �. -� Eeader is�thori�ed ta mIleet aad apgly��mcead�.:af its apaou:either to�ontion or tepair af the l�mpetty or to the sr� <.. �{.:;!'�`��_°-
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<br /> .R f{�,-f s�6y'this Seanity�nstin�meut'ae&�S�ar aofi d7�a chre- ' : ` ` �` _-- _,
<br /> �Y=�.�' - Ua3sss It�der and �omower a��xa�f�se�gree in wri[�&. �Si�PPU�ion of�mseeds to principal sIfaU not�ar' ;; " ,
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<br />-,�,-,,. `.��,����.' �'� Pnstpone At�d�ze.date af tite tpontN����to in�1 aud 2 or cl�ange t&e amaimt of s�ch payments:'. ` 'd �
<br /> < < ; t �zi,i� .. 11.Bataos�L�o;�i�Qd:Fer�+�*,'$u�e�Y��'N�i�W'o`sivpi:.Eueu"sion of the dme for payment or mndificaiion ; ... a
<br /> `� `` � ent fed Lead�r ro a�+saocessor in int�of Borrower shait � " •��, ��i
<br /> ��`'. s `.�. of aaaorrir�tion of t�e s�ms�e�cured.bIt,his Sec�u�ty�� 8� bY . .
<br /> ;`: `�`;�,�i-..'; . not operatc to ieiease ttie 1:�+3�s-1r o�`.�ieesig+aal�er or B�zz�wer's suocessacs In inte�t.L�s��t��to ` �-
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<br /> � • �r f;:�, ���p���gs�,�,�or in inteipsi or refi�c�a extend time for paym�s.or otherwise modify amorti�atioa '� _-
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<br /> : ���°:'.: of tfle sums secated 6y:_�'Senvitji'�nsa�ni bl' sea.son crk'��demand madt by tt�arigmal Borrower or Bomower's ,.. �
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<br /> . � ' saocessors In interest_�:.?�?iheazance bY l.ender in exe�ising�y right or�y shall noi be a aaiver of or preclnde the • •.;•. ,�
<br /> ��' exencise of azry tight a�f�'s�dy. . ,„ � i,` Z
<br /> ' .:. '3�v �.IsbilitY: Co�t�Sue+s.'['de cavenants and agreements of this �'' ' ���.
<br /> `;��� . . ; 12. Satooessoas.�t�:'�;t�sstgns Bonad;doig3"sas�3. era! •cr',� '.-e.-.��;:
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<br /> - Secuntfr�f�fieat���iad�d benefit the aa�l assignc of Lendet aad Bonnwer, subjecr to the provisions of -' .. ;f��;
<br /> )t�:��nt�{` ouvenaats aad a�s�u�t�.�f.r�e at�d seveial. Any+ Borrawer who co-sigas tius Secuiiry , ' '��°�'��--
<br /> : ,ipdsao�m `eat'��sut 8oe�+m��(��te the Note: (a)is cQ���.�iis.�t►rit7►lnsuument only to mortgage.grant aud cna�n,�:'titat :`:.`.;' -
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<br /> P�Y under We ter��.?!°tfiis S i'asa�t:@)k not personalty obU�.{��;7s.r Y`��ne�uas ' �
<br /> t . ,��oaower's iaterest�i1f�i�ro � � 4`' ��r .--
<br /> sesvred by this S�ty`I�smia�ent;and tc)agr�es iJ'���,t-�d�r��Y'ot6er Bortower tnay agree to eate�a�:,'a�uil�Yti,1'ns3st�t�ns , ,:. .....,-
<br /> - - o jFu ' �' make ury axommadadons witb regazd w the tems5gfi!1�;�3C���ufiument or the Note without that Bo:roae�5ra��.` : � � ��;;�Ha��r_.
<br /> � 'Y���,;:'S La�t�»aur.nt is subject to a law wLich sets maaimwn loa���. �
<br /> r � 13.�.oaa C1�ar�g�s.If the loan��i:ai.Dy at�5i�a.r� ',
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<br /> , �. and that law is finally iateipreted so t�a 7�Ce rar�;ri:G�er�charges collected or to be colteaed ia oonnection with the i'}r�,��:__
<br /> , . ;: � toan e�t the permitted limits.theu:(a)any sui;����a��s�aiF,e shall be reduaed dy the amount necessary to reduce the charge ; `�.��
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<br /> . � -'."';, :;.� � W the pennitted ilmi�aad(b)aaY sums already u�3;s-�(ra�.from Borrower which exceeded geimiaed lunits wilt be cefunded to ..: _- `
<br /> ;:n �1 •��• the c� al owed imder the Note or by maacing a direct `'°""`�
<br /> , :1_ � •;,.. Bormwer..Lender may choose to maYe this refira�lf�+'=t�dc�u� P� �P �m
<br /> i `.. r, `• z ¢�o Bmtower. If a refund teduces princiQai.,t3te.irx�a.aaa will be ueated as a partial PreDayment arithout any � �:� ,
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<br /> �`i�s �' P�Y���Be uader the Note. . :°�?.;.: �
<br />__ . '�, 14.Notia�s.Aay notice to Borrower provide���in tDis Sei.vrit5+Inswment shall be givea by deliveriag it or by mailing _
<br /> - usz of aaother method.The notice shall be directed to the Pmpeny Address rtk�"��_
<br /> -• .. � • it hy first ctass mail untess applicab2e law r�i�+es .. _—
<br /> -� . `'`, or aay other address Borcower designates bY noi�ci to Lendet. A�r notice to i.ende�r shaU 6e given by fi�st class mail to _ �
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<br /> ; ' • :�: � � Leader's address stated tierein or az►y othcr addr�ss l:ender designates by not�ce to Borrower.Any�aotice proviQed for in tbis � �: ;�:��T-:;::
<br /> �� •• • ' Securlty Insttumeat shatl be deemed to have been given to Botrower or Lender wQen given as provlded in this paragrapb.
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<br /> ' 15.Govemtag Law; Severabittty. 7bis Secarity Inswment sball be govemed lry federal !aw and the law of the ;:4 ��i=
<br />-� ..-: jurisdictian in a6icb the PmpertY is located. In the event tbat aay provisian or clause of this Security[ustrumeaat or the Note ;�. � - _ �,,
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<br /> • `;�;`;�!_:� ,,� oonflIsxs with appJicable law.such coniiict shall not affec[a r her�sovisions o f e h i s S e c u r i ry I n s m i men t o r t h e N o t e w h I c h c a n b e ;a: , �t.--: .
<br /> • • , �;�.�. ; given effect without the oonflicting pzovision.To this end tbe'j�s�.isions of this Socurity insaument and the Note are�lared ` . . '
<br /> . . ��� to6estiwetabte. , , . '�'°�',���. ``;
<br />-.� � 16.Bonvwes's Copy.Boirower shal!be given one oonfoicnad oapy of the Note and of this Securiry Inswment. � •`'�`..:;,c
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