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<br /> . . f . payments a�y no tonger 6e required.at the optioa of Lender,if mortgage iasurance coverage(in the aniount and for�he periad F ,'
<br />. . , � " . `�` �. t6at Lender requires)Pmvided by aa insurer appmved Dy Lea�der again becomes available and is obtained.Borrower st�ati pay � - -.
<br /> • }]�g p�����p maintain mOrtgd$@ iI�'iui3IIDe in effeCi,or to provide a loss�esenre.amril the requirement fot mattgage Qp ' <<:
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<br /> . < . '..` t insurance ends in accordanoe witb any arittea agreement betareen Eorrower aad lxnder or appticable law. � �
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<br /> . . ' �' j 9.I�on.Leader or its agent may m�Ice�asoaable entries upan aad inspections of the Propeay. t�ader sLati give � .
<br /> � � ' � r Borcower aotice at[Ee cime of or pr�ar to an mspe�tian s�fying reasonable cause for the mspection. �? _
<br /> � . . � 10 Coademnatloa.'E'he pnnoeeds of any award or c�aim for damages. direcc or oonsequential.in conn�cdon with any �;� � .
<br /> .- . ,wndemnation or otEer tatang of any patt of the Pcoperty.or for oonve}ance in lieu of oondemnation,aze her�y assigned aad �
<br /> . . . shail6e gaid t4 lxnder. .. � � -,`'
<br /> � In the event of a wtal caIt�g of the Pmpeny,the pmoeeds shall 6e applted to the sums sec�ed by this Seauiry In��+±m�.+t, � . �r ` .
<br /> : �.. . �
<br /> � . " = LL�'-�- . ahether or not then due,with any excess paid to Bomuwer. In the event ot'a partial takiag of the Pmpeey in`vhir�the fair [
<br /> . ��.-.�- mar�et�Faiu�a€the Pcopeaty im�ediately 6efose she takmg 9s equal w or g:eater than the amotu�t of the sams se�vre�d bp this
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<br /> � :� �. j Sesurity Iasuument imraodiateig befote the talting,Unless Bormwer and Ir.nder othetarise agt+ee in writing.the sums sesured by
<br /> , � this Securitg tnsuument sha116e reduced by the amount of the pmceeds muItipiied hy the following fnttion:(a).the total -
<br /> � -:' � amoum of the suws secund imArediateiy befoie the takiag,divided by(b)the fair market value of the Fmperty imme�liately '- -
<br />_ - . - � before the takiag. Arry 6alance shall 6e paid w Bamuwer. In cfie event of a partial taking of the Pmpeny in whicH t�e fair .
<br /> � - •<;.;, : � market vaiue of the Fioperty immediatety before the[aking is less than the amount of the sums secared immediateIy 6eface the , ,�;.��''.
<br /> � '. . , ta�CinS,on2e�Borrawer�d L.wtdECt�Itera+ise agtCe ia writ�ng or.unless applicable 1aw othecwise provides,the pmce�ds sl�all �
<br /> ��. .�.- � be applied to the sums seaued by d�S:�ritY Inssrument whe[her or not the sums aze then dne. � -���.: ,,�,
<br /> `�' . If the Properry is abandoned by�l�c.�o�t:�ar�:after notice by Lender w Bortower that the oondem�a offe�s t�awke aa.• �.:.�t:
<br /> -�- ` award or s�tle a claim for damages,BQtt�r•',��4�espond W Lender withia 30 days after the dat�.�he uo6oe is giv�, . � :•",.
<br /> � z `�,� E.cuder is�nhari�cd w wllect and apg�}�,�?cie�,`�,,�sb�atss c�,either to restoiatioa�or rcpair of the Pmperty or co d�et�s r .
<br /> � �' securedh}r.thisSecauityInsu�maW�s��r�zi�,.�a•�, : ' .::- ` ,
<br /> � Ua3ess Lender and Sormwe��,i!.'�`-�.,.�'�.�e�t ��.a�apPlication of procee�to ptinrapal shall�not�eaESaaC��bi `.
<br /> , '.postpone the dae date af the mo�;�racnis�to m paragraphs 1�and 2 or chaage the amount of such paym�s. , ,s..
<br /> -°:� • 11.�nrmw�Not Release�;� �earance By Leader Nat a Wafver.E�en,sioa of t�e tm�e for payment or modificatian
<br /> `'�--r�a of amostiraslon af the sams s��,�:tttis Seceuiry Iasuument granted 6y Lender to any sc.t�essor ia interest of Borcower shall ' {� .
<br /> �� not w zelease the liabil' 31€ti4i�ori Borrower or Borrower•s successors in�lxa�fer shall not be to ` `f r r �
<br /> . `��� � � ' . 8� cequired < ,�.` �, '
<br /> commenoe pmceediaF,s a8ainsc aa�,'s��ess°r in interest or refose w eatei�time for paym�:<ir othcrnise modify amort�tian Sti "
<br /> of ehe swns s�by tbis Se�st}+ insuumeat by reasoa of any demaad made by ttie ariginal Barrawer or Bormwer'e , �: =
<br /> � suocessors ia� focbearamce I.eader in exer+cis' ri t or shall not be a waiver of or re�lude the' �'" 's' , _t
<br /> - - �= A°Y bY mS� Sh iemedY P ;;',r;;
<br /> . ,� exeici.�e of aay rig6t or remedy. , . �::- � , •`:';�
<br /> :� • ', ; • `' 12. �eocessbrs and�SSfgcr�'�oand;doint and Sevara3 G�bflitY;Co-sigt�s•1Us coven�ts and �shis .��:::. .
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<br /> � ,_ � Secwiry�f,nsnument sbaU bind.�.�aefit the suceessors aac�.�iSas of Leader and Borruwer, suhject to the pmv.i�i� ot :
<br /> . ` Qazagiaph i7. Bottv.`�a's�cavei�fcs aad agreements s�alI be joint and several. Aay Bomtiwet wh�;cctstgas this�5e�rity ="•, ':;<`:•
<br /> , �, -� - . - :�;� .<. '`r•,;
<br /> � ; Instrum�t bat da�.i�ki. .the Note: (a)is co-signing t6is Secority bisdument only to mon�age. �xu and coavey tf�at :'•,:•.:: �:.y,,..�
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<br /> ' ;,. BormNer's iater�a�r i;ii�;�y�Ci�.r.�mder the terms of this Sewriry Inso�vm�t:(b)is not personally abii�to Qay the sums ,-:�:>:;:��!� ,���,;_:
<br /> �.trf�, : -� . secu�ed lry this�3�i�:s�ad�c)agrees[hat Ixader and any other Borrower may a�nee to exteiad,•modi$r,forbear or � ; -
<br /> ��<�� ,'.`,`; makc any a000nma.v��`.�`��vli aQ the te�ma of this Secauity Insprumeut or the Note r�tiiu that Earmwer's cansent. " �
<br /> _ !l t.*���r�v <. .: }3.3[Aeit C �.,��',�.¢�he�si�s¢��curea by�his Security Insaumcnt is sabject co a taw�.w�ch ssrs cqa�dmum toan c h a r ges. r -�,
<br /> �� ' -'-; and tha[taw is`fift�lL�,',�,�i;.�tr�elpteted so that the iatetest or other loan chazges cotlected or to be aollecKe�"1�ir?Ranecdon with the r -- �
<br />_ --: --- -: ' loan eatceed the.pr��'t�limi�ts,then:(a)�3►such loan charge shaU 6e ieduced by the amoum.nec�s�.�;ti�teduoe t�te charge --
<br /> ' „;� to the pr�-.�il limir��d(b)anY sums already collected fmm Boaower whlcb e�uxeded permiued limits will be�l�ed to �;"�;
<br /> . ... � Borroa'�:=�may Choose to malce tLis refund hy reduc3ng tlte principal owed urider the Note or bY �:�ti�rect .�. .,';a"'
<br /> : . .��:.
<br /> � .j. �;� paym�:ti•:u����.�r. If a refnnd reduaes principal, the neductian aill De tceatod as a partial PmPayment wit�i�t; aay "���,�,
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<br /> : , . P�'�PaY�'�'��u,.3�r, theNote. ,. -�'� .-
<br /> . � 1Q.;�'�a�ict�.!xa;���at{se w Bolmwer pm�+ided for in this Security Inshumcnt sHali be given by delivering it or by mailing �•,.''. 'Y•
<br /> ' '% : ' '?�!aw ices use of auother method.7lte notice sh�I��ta3.dlrested to the Pro e Address � '�'�
<br /> ;,.,;:.::; it by�?d�t���us:ess applieaa... recN P n3! ' � `�
<br /> ���;i:°',.'�.': "`� : or a��,���ddress �omawer iL'4�jg�ates by nodce to Lender. Atry notice to I.ender�It.be given by fitst cta�s:mai'1 to ��-.
<br /> . `_� Lender's a�dress stated herein e�§n.q,rvtber addcess Leader de.cignates by notioe to Boirower.Any uotice provided.tiisr in Wis ��"`-
<br /> . . � ��•'" Security Insaament shall be deem�to h�ve been given to Borrower or f�ender when g,�vea a4 provided in�tit3s�a:agaph. �••
<br /> ' : • 15.Goverutng l.aw; SeverebiUty. This Security Instrument shaU be goveraed by federal Ir�.:�ad the law of tDe ;� "'`-;.�`,
<br /> ; �� ;.:,} jurisdicxion in whicb[he Property is tocated.Ia the event that any provision or ctause of chis Securiry fnsuument or the Note "
<br /> • . wnflicts with appltcable law.sucL conflia sLaU noe affert other��mvisions of this Securiry�Insuunaeat or the Note whi�c3t'can be��
<br /> � 'f given effect without the confliaing provisioa.To this end the��.v�visians of tlus Seciuiry Insuumeat aad the Note are deciared� °
<br /> , ', to be severable. � , .
<br /> . "•��"� ' ' ' ts.Eotnnv�ed+k(�y..$omower sbail be given ane conformed oopy of the Note and of tbis Sec�uity lnstument. . � '.
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