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<br />.;�� paymcnts cni►y no longcr bc requircd,itt thc uptiun at'IAndcr, if mur��;ngc insurnncc cuvcrugc(in thc amount und for thc perioJ
<br />:`=�� that Lender requires) pravideJ by un inyurcr npprovcd hy IAnder ugnin ixcomch uvniluble and ix obtained. Borrower shall pay
<br /> �•` the premfumy required ta muintuin mortguge insurnnce In efl'cct,nr to�iruvide�i loss reserve, until the requirement for martgage
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<br /> �� inrurancc ends in uccorduncc with any wriucn ugrccmcnt iktwcen Ilurn�wcr mid IAndcr ur applicable Inw. c
<br /> 9. lnspection. Lcndcr nr its uµcnt nury nuikc ren+��aublr cnlrics u�xn� und Inspcctionti af the Pmpeny. I.endcr shull give
<br /> Barrowcr noticc ut thc timc af or pru�r tu un inapcctl•►n hperil'ying rcannnnhlc c+iusc fi�r thc inspectiun.
<br /> _�� 10. Condemnatlan. The proccals of uny uwiu•d nr rinhii t��r dumnKeti, direct nr c�nsequential, in connection with any
<br /> condemnution ur athcr tuking of nny purt��f'the Pn�ixrly, nr for cuiw►yunru In Ncu ol'condemnation, are hereby assigned and
<br />-.�. shall bc puid to L.cndcr.
<br /> ,,� In the event of u total tukins of the Property,th��pr�nccds nhull hr uppllcd tu tlic sums securul by this S�curity[nstrument,
<br />,� ;x., whether or not then due, with any excess puid t��t3urruwer. In Ihc cvct►t nf'u purtl�d tuking oF the Property in which the fuir
<br /> -•:::+. . market value of the Property immedintely before Uic mking Is cqu+d tu nr grc�ucr thnn the umount of the sums secured by this
<br /> 'u,`� 5ecuriry Instrument immediately bcforc thc uiking,unlcrs liurruwcr n��d l.�ndcr nthcrwisc agrcc in writing,the sums secured by
<br /> '=�;`s this Securiry Instrument shuU be rectuced by the unN�unt i�f'tl�c procecdti muUiplicel hy the following fraction: (a) the total
<br />_-�"=!'�� amount of thc sums sccured immediately beforc thc tnking, dividcd hy(b) thc liiir nuirkct vuluc of the Property immediately
<br /> -- before the taking. Any bulance shull bc puid to Barrower. In the evcnt c+f'u pnrdal tuking i+f the Property in which the fair
<br /> market value of the Propr:rty immediutcly bcforc thc taking is Ic�x thun thc nmount af thc�ums rccured immediately before the
<br />'--`-�r� taking,unless Burruwer and Lendcr othcnvixc ugre�; in�vriting�:r unle5s upplicnble Inw othcrwi�e pravldcs, the procceds shall
<br /> ��T'� be opplied to the sums secureci by this Security Instrunxnt whcthcr ur nnt the numti nre then duc.
<br /> _t�;� If the Property is nbandoned by Bonawcr, or if',after nntice by l.�ndcr�u B�rrruwcr IhaU the rondemnor offers to maks an
<br /> —_= award or settle n claim for damuses, Barrowcr fnils�i� rcxpond to I.ender within Jl1 duyti �dter chc dauc the notice is given,
<br /> L.ender is authorized to collect und apply the proceedy,at its optinn,oither ta rest��aqlon��r repuir of'the Property or to the sums
<br /> secured by this Secudty Instrumcnt,whethcr or not ehcn due.
<br /> = Unless Lendcr and Barrowcr othenvisc ugrce in wrlNng, nny upplicudon uf prixccdw tu principal shall not extend or
<br /> postpone thc due dnte of the monthly puyments refcned tu in purugruphs l ur�l 2 or chunge thc unK�unt of such payments.
<br /> 11.Borrower Not Released; Forbearance By I.ender Nat w Wstiver.E?xtcnstun af the tln�e far puyment or moclification
<br /> of amortizatiun of the sums secured by tlils Securlty Instrument grnnte,�i by I.ender ta uny nuccessur in Intereat of Borro�ver shall
<br /> not uperate to rclease the liability of the originul Borrowcr��r E3nrrowcr's yucccs.ra�s in intcretit. I�;ndcr shall not be roquired to
<br /> cwiuiici'i�c pT�:.i.�{AbTs afia3nxt an;suz=�"-^r!n int�r!mst �r rRt���co exicnd�Imc fur QuynKnt or othcrwisc mc�dify umorcization
<br /> of the sums secured by this Security Instrument by reuson nf uny demund mude by the urlginul Bonawer ar 9orrower's
<br /> successors tn interest. Any forbearance by Lender in exercihing uny right iir rem��ly nhull �wt he u wuivor of or preclude the
<br /> exerctse of any dght or remedy.
<br /> �2. Successors and A�s.4lgns Bound; Jo1nt �nd SeverAl I.Ipbllity; C�rslKnern. 7'I�r. awenuntA uixl ugreemants of thls
<br /> Security Instrument shall bind und benefit the successore ui�d usslgns of L.ender nnd Fk�rrnwer, .uh�ect ta the provisions of
<br /> paragruph 17. Borrower's covenants and agrecmcnte shnll be joint aixl r;cverul. Any &�rruwer wh�� ca•xigns this Securiry
<br /> Instrument but does not executc thc Notc: (u) i9 co•slgning thl� Security Instrunknt only ta nx►nga�{c. grunt und convcy that
<br /> Borrower's intcrest in the Property undcr the terms of thiy Security Instrun�cnt; (b)ix n�it�xr��mully nbllgutcd to pey the sums
<br /> securcd by this Se,�urity Instrument:and(c)agrecs tl�at I.ender und uny othor Ik�rruwcr nwy ugrro tu cxtetxl, �mxfify,forbear or
<br /> make uny accommodations with regard to the terms of this Security lnstrument or ihe N�►te withuut tli�t&irruwer'�s consent.
<br /> _ 13.LoAn Clwrges. If the I�un sccured by this Securiry Instniment iti subJect tn u luw which �cln maximum la�n ciwrges,
<br /> and thnt law is finally interpreted so that the interest or other loun charges c��llectal ur tci he�:�►IlcYtai In c�nnection with the
<br /> loan exceed the permitted limits, then: (a)uny such loan churbe shull be reduccYl hy d�e umount necexsury to recfuce the eharge
<br /> to the permttted limit:and(b)any sums ulrcady collated fmm Barrowcr which excce�lcd permlu�il Umltx will be�tifundod•to
<br /> Borrawer. C,ender muy choose to make this refund by roducing the prtncfpul uweJ uixler the Note ��r by making a dlrect
<br /> payment to Borrawer. If u refund roduccx principal. the reductlan wlll tx trcatcd ar u prrliul prepayment wlthout any
<br /> prepaymcnt charge under the Note.
<br /> 14.Notices.Any notice t�Borrower providod for in this Security Instrun�ent xhull he give»hy Jelivering it ur by nwiling
<br /> it by first clnss mail unless appltcable law requtres u�e af nnother methad. The notice Khull he dircctal tu the Pr�►perty Addness
<br /> � or any other addrass Borrower designates by notice to Lendcr. Any nuUce tu I.e�utcr xhAll t►o Klven hy tirxt cln�r mail to
<br /> : L.ender's address stuted herein or any other uddress Lender designates by notice to&�rniwer. Any nutico prcwidal for�n tliis
<br /> Security Instrument shall bc deemed to huvc becn given to Borrower or Lencicr when givcn ux providc�l iu ihl�paru�{rwph.
<br /> IS.('.averning LAw; Severnbtlity. This Securlty Instnnncnt tihull bc �,uvcrnc�l hy f��ferul law u�xl the luw uf the
<br /> � Jurisdictton tn whicl�the PropeRy is locutecl. In the event that any pravisian ar clause�►f tidK tie�:urity (nxlnnnent ur the Nate
<br /> conflicts with applicable law, such conflict shull not aFfect other proviwlons of this Security Instrument�►r thc N�►te which cun be
<br /> � given effect without the conflicting proviston. To thia end the pmviFinns uf thi� Securlty lnstrunknt iuxl Ihu N�Ne are declarod
<br /> •� to be scverabtc. �
<br /> � 16.Borrower's Copy.Bonower shalt be given one conformed cupy nf the Nute und ut'tt►iy Sccnrfty Instrun►ent.
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