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<br /> � . � -.x paymenta may ao lopger be requlred.at t��option af Lendee, if mortgage insw�ance coverage(ia the amount and For tbe period Q __
<br /> .'., ,,f ' tbpt�Lcader requires)provided by an inswrcr A�sprov$d by Ixnder ugnin becomes avaflable and is obca�ued. i�►rrowvr shall pay �__;
<br /> .� • tha premlwus required to matutaist u�ongage la�ureu�e ic�etfecc,or to provlde a loss reserve,unt$1 th�cequlmment for mortgage �-.
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<br /> •, ;��� Insurancx eads in accordance with any wdtan ngreement between 9orrower and Lender or applicable law. W.__
<br /> �, 9,inspatton.Lender or Ita agent aaay mske masonable enuiea upon and inspections of t�e Property. Lcndar shali give
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<br /> �o����.,: �orrowu notiex at the dme of or ptlor to s�n inspation epecifying tpasonable cause for tha inspection.
<br /> ' ' � 10.Condemnatio�. 'Ihe proceeds of eny award or claim far damages, dJrect or conseguendal. in connectdon with any �
<br /> � condemnatlon or other tnkiag of aay part of the Propeny,or for conveyance in lieu of co�cdeauu�don.are herby asslgucd aud �'
<br /> ;�,��� shaU be paid to Lender.
<br />.�-..��-� Ia the event of a total talcin�of the P�+operty,the proceeds shall be applied to the sums secuned by thia Sectuity Instn�ment,
<br /> whether or not then due. with any excess p�(d to Bortower. In ttte event of a pardal taking of the Pc+aperty tn which the fair
<br />_ " � market value of the Propcny immedlauly befon th�ta[cing is equal to or greater t6an the amuunt of tha suma�by this _
<br /> �. _-.�`.� 5ecurity Iastrument immediately before the taking,�.iNess Borrower and Lender otherwise agree in wricina,tha swAS secured by
<br /> ', :;�; t h.� SecurI t y lnsuument shaU be reduad by the amount nf the proc�s multipiied by We folioeving f'raati:onr,(a) the total �--
<br /> '• ; ^. amount of the sums sxurcd immediauly beton the taking. divtded by(b)the fair mazket value of the I�ta�erry immediatelY
<br />`��"'` `'' �1 .� . before the taking. Any balance shall be paid to Borrower. In the event of a partiet taking of thx Froperty in which the fair
<br /> 1`"'� '' ; market value of the Progerty immediately betore tlte mking is less tbaa the amouat of the sums secured lu�wsdiately beforc the
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<br />- ��.x taking,untess Bomower and Lender othervrlse agree in wricing or unless applicable law othenvtsa pmvidas,tba p m c e e d s s h a ll
<br /> r.:'��� licd w the sums secured b this Socutity Iasaument whether or uot the sums are then due.
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<br />_���::�. If the Pmperty is abandoned by Borrower�ar if,after aotice by Lender to Borrower that the cPndamnQr oPfers to make an
<br />:°=�i�>�.�Jt► _^�+ award or s�ttie a claim for dsm�ges. Bo3mwer faP1a►.o respond ta Lmder wIthin 30 duys after tl�a date the nodoe is glven.
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<br /> _;�,���,; ;W Lender is authorizod w collxt and apply the pr�ooeads,az its optivn,eic�xr to restoration or repair of ths Propa�,y or to the sums
<br />:�'�� . secured by this Security Instrumeat.whetheror not then due. _
<br />-- . . Untess Lender and Borcoveer othecwlse agree in wtating, at►Y aPPlicazion of pmceeds to prinaipal���ka1.� �.�t eatead or
<br />.::;;,'M__�� Y3RStpoa$the due date of the monthlY PaY�� refe�t to in gaiagtaghs i and 2 or ch�rtge the amnunt af sutut':�'+ra,?��nts. __
<br />-` 11.Bvrremwer Ptot Rdeasedi Fotbwnnoe By Leadcr Not a K'�Rvear.fixtension of the tr.�e�az paym�nt or modifica�o�
<br />-A��*�� pf amort�tio��f the sums secured by thia Secudty Insaument granted by L.eader to any saece&soz�a i.nt�rest of Borcnwer sha�:R
<br />-:Y,_,��.,.� not operate to ielease the uability of the o�igiaal Borrower or Bormwer's suaxssors in iater�t. L�det shalt�aot bc required t�
<br />=_��,� oommmoe prooeedings agaimst any sucassor in intenst or zefvae w eatend time for payment or otherwiva rua8�y amartiaaLiQa
<br />_---_° of the sums stcured by thls Secudty Insanaaent by reason of any demand made by the oriIIinal �ur.r��i ot Bomuwet'a.
<br /> - - suocessors ia��.itrest.Any forb�raace by Lender in ea�ercising any tight or rcmedy sball not ba a woiver of or preclude t��
<br /> _„�� ra�crc�af a�y right oz reaxdy. =
<br /> — 22. 3nocessors aad Astiigos Bouadi Joint � Sevesal Ll�bflitys Co�stSaers.Thc caV�e�and ag�ementa of this
<br />--�" �rity Insttumeat shall bind and benefit the�s aAd assigns of Lendsr and EanoN�er,etibject to�tiE�provisions of
<br /> =- gar�graph 17. Borrow�r's ooveaants and agreements�sfiatd.be goint and several. Atiy Earaoi�et�vho casijgna this Socurity
<br /> Insuua�ent but dces aot acecute the Nate:(a) ia uo-sig�g this Secudry insuument anly�.W asnotc�4+S���v�y �:
<br /> -- --�- Borrower's inienst in the Property nnder t6�Eums of this Security in.gwment.(b)ia nat�q���Iy obligated to pay the sums
<br /> _��� secured by this Sccurity Iasuument;and(c)agrees that Len�ser and aa�r other Bor�ar�r may agc�cto exund,modifj+,forbear or
<br />-- - make any s000msnodatiom wlth regard to t6e tetms of thie Secudty Insuuaient or tJ�e,�ute without that Borrower's oonsent.
<br />-� 13.I.oan Chaeg�s.If the loan soa�rad by this Security Insuument is subiecC ta�a law ahich sets maximum loan aharges.
<br />"_° -° and that law is finally imerpreted so that the interest or other loan chargea coIIBCUd or oo iso wllxud in oonnection with the
<br /> --_— — low excxed tho permitted 1lmits.then:(a)arry suc�loan charge shalI be reduced by t#�a affiounL aecessary to roduce the chuge
<br /> � to the peimittcd IImit; and N)any st� already collccted from Sorrmwcr whfah exsauded pet�itta!limits wIA ba nefiwdtd to
<br /> ��ix+�ower. l�ender may chuose to maYe tEis n[und by reducinB tt�principat owed�wzd�r the Nou ar by maldng a dinct
<br /> i,P�t to Borrower. If a c+atV�nd roduces pri�ci�at•,; the reduction wlll be treaterd as a partlal prepaymeat without any
<br /> —— ,p�repaymemt;cYuage ander the Nou. ;'
<br /> 14.NA���:�Any aodx w Bormwer pcmvided fc�c�7his 3ecurtty inahvmaat ahell be gi'reabY deliveriag it or by ma8�ing
<br /> it Iry first class`inail nnless a�pllcable law ce�uires us�.n�aaother metiwd:The nauae shall i�direcud to tQe Propecty Addt+sg:...
<br />___._.__ v�. ,�.�other address Borro�i�r designau,.w by notic��5�ender. My aotIce t��Leudtlr shatt ba givtn by first class mail't��:�. ,,
<br />------ �.l.eader's address staud ha�or any otha address Ler�der desigaatcs by uon�e�m.Burtnwer. Any nottoe providod for in thn9•:.
<br /> •---- Secudty Insnument shall be damed w 6ave been givea w Borroact or Leader whun��ivea as prov[dc�ia this paragraph. �• ' �,
<br /> __:;� . 1S.Govern[ng I.sei Sevvab�fiG�r. 'fhis Sewrity Inswmei7t���all�he gavsmsd by fedeeal law aad the taw of�e.
<br /> ---:��s�� judsdictioa in whlch the Prope�ty is loc�ted. In the event tbss an�r,�?�visiom on ainuse of this Saudty Insuament or the Note
<br /> oontticts with applicable law.such conflict shall not affect other pmvi�tdns ofitWo 5ecurlty Instrument ar tice Note which caa be
<br /> ';given effecx without the contlicdng Pmvistoa. To thiis�nd the ptnvisions afi dhts 5ecurity Inst�um�nt and the Note are declared
<br /> — ';.4q be scverable.
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