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<br /> p�ymenta may no bngcr bc roquirod.�t!hc opdon af Lcndcr.if nw�tgago insuren�o covcrago(�I�o a�m�o��and for thc perlod
<br /> tlun I.endcr ra�ulre�)providod by m insurcr approved by l.endu again b�oc�xncs availabb�nd b c�budncd.Barowcr ahali p�y the
<br /> prcmium� roquirod to msinWn matg�ge insunu�co in cffcct, or W pe�ovido e loss re�ervo, until tho roquircmcnt for martgagc
<br /> insuru�co arda in�ccord�ece with�ny wdtu;n wgrocment betwoen 8arowu and Lcnder or appiicablo Iaw.
<br /> 9,ln�pectbn. l,cnder or its�gcnt may m�lcc rc�aeebb cnvics upnn and inspcctfon9 aY tlio Property. Lcndcr shall givc
<br /> Barowu notka u tt�tima of or pdor w an inspocdon apxitying rwonabb cAUSO for tho inxpation. c
<br /> 10.Coademaatbn. 'ttie proceod� o[any aw�rd or cWm [a dam�g«, diroct cx ccxuoqueed�l. in connocdon with any
<br /> condcmnatbn or other wking of any pw�t of 1he Property,or for c;onvoyancc ln Iku of condemnAUon.�rci hcrcby as.gignod and
<br /> sh�ll be paid to I.ender.
<br /> In�he evcnt of a wql Wcing af tha Propcny.the p�ncoods shap bc appl�ed to thc sum�saured by this Sceu�ity Insuument,
<br /> whether ar nat then c�ue,with any eacess paiel to Horrawcr.In thc evcnt of a parti�!uking of the Pmpaty in whkh the fair madcet
<br /> value of the Property imrt�odiauly befae Ua pting is oqua!to or grcatu ttwi tho wnount ot the sums socuced by this Securlry _
<br /> Ins�ument immodiaoely betae �ho tahing. unkss Boreowu and Lender W1�.rwlso egroe in writing� fho sums socurod by thi�
<br /> SecurIry Inswcnent sh�ll be roduoed by the amount of the proceai�mul8plied by the foqowing frocdon:(a)the u�tal Artwunt of
<br /> the sums socural Imn►tdiatelY befora the Wdng, dlvided bY (b) tho fair markct valua of ttw Property Immcdiatcly befo[a the
<br /> takjng,My b�l�wo s1�ll bo paid w Bamwv.In tho cvent of a porNal taking of tho Propaty In whkh the fedr marlcct valua of tho
<br /> Propety Lnn�odi�ely befam tttie takin� is less than the �nount of the sums sec�rod Lnnkdiately beforc the talcing, unkss
<br /> Aorrowa snd I.endei ot�dvvisa�qtee in wdtiag or unkss aQplicabk law cNhuwLu pmvidc.'a.Ihe �m�c�oCl.a Fhall ho a�lial to ihe �
<br /> sums secured by tdis Sxuriry Iastcumeat whether or not tbe sums are then due.
<br /> If the Propaty is abandonod by BarowYr,or If,�fter notice by Lcndar to Barrowu thr.t the ca►demna offers w nwlce an
<br /> award a sude a claim for dems�g�es,Bwrower fails w respond to Laxler within 30 days aftcr Ih�dau the noticcc ls glven.Lender —
<br /> is author�.ed oo collect end epply tue proceods.at its opuon.cithar w reswcation or rcpnir of the Property ar to the suma socurod
<br /> by this Securlty Jnstrument,whether or not then due. --
<br /> Unless I.endu and Barowax othawlse agrx in wrlkng,�ny epplicati�on of pr0000ds a princi�aJ shall ncK extend a postpa�e —
<br /> the due date of the monthly payments refecred tp in p�graphs 1 and 2 oc change the anwunt of such piyments.
<br /> ' 11.Borrower Not Rek�sedi Forba�rance By Lender Not a Waiva: Butension of the time for payment or madlficatian
<br /> of a�nord�tlon of the sums sxured by thLs Securlry Insuument�ranted by Lender w eny sucassor in Inbxest of Barower ahall
<br /> not operate to nlease the Ilabillry of tha origlnal Barower a Bamwcr's suocessors in interast. Lender shall not ba required W
<br /> cortunena proceedings ageinst enY suocessor in inurest or rafuso to eatend time for payment a othawise moNfy ertwcti�adoa of .
<br /> tl�e sums secund by this Sceurity Instnunent by reason of any demand made by the aiginal Bnrrowu or Bomowu's successors
<br /> ln lnta+est Any facbearuice by I.ender!n exaclsing any right or remedy shaU not be a waiver of oc pcxlude the exerclse o[any
<br /> dght or remody.
<br /> 12.Suca�asore and Assians Boundi Joint and Sevenl Lla6Wty; Castgnen. The wvra�anm and egroements of d�is
<br /> � Securiry Instrument shall blod and benefit the successa�s and asslgns of Lender aP►fl BoTmwu,subjoct to the provlsions of
<br /> • paaagrxph 17. Barowu's oovaneau and agra�nents shall be joint and sevual. As�y Borrowu who co-slgns this Security
<br /> � Insoeume�c bnt das not execute the Note: (a)is co-signing this Sxiuity Inslrument only W mcxtgage,grant and coavey th�t
<br /> Barowa's intaest in the Pro�Crty under thc terms of this Securlry Insoroment;(b)is not pasonally obllgated to pay thc sums
<br /> '# secured by dds Sociulty Insstmmenr,end(c)agroes that Lender and eny other Borrower may ag�ee to eater�d,madlfY.forbear or
<br /> • make�ny accommodatloos wlth regard to the temis of this Sucucity Insocument or the Note withoue tt►at Barower's consen�
<br /> ' 13.Lwn Ch�r�es. If tha loaa secured by this Socurity Inswment Ls subJxt w a law which sets maaimum loan chuges,
<br /> . and that law Is fually intrrjxeZod so that the jnterest or other loan chuges coUected a w be collocted ln connectbn wtth the ban
<br /> ;: euxod the pamiuod limits,dien:(�)eny such ioan charge ahall be rainoed by tbe amonnt neoes.iacy w�educe the chuge to the
<br /> � . pennitted limi�aad(b)eny swns already collected from Borrowu which excoedod pamiued ILnits will be nfunded w Borrowu.
<br /> L,ender may choose to malca this refund by reducing the principal Awed undu the Note a by making a diroct paymeat to
<br /> Baarowrr. If a refund reduces princiIml.the reducdon will be treatod es a partlal p�epayment without anY prepaymer�t charge
<br /> , u,nder the A1aie:.
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