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<br /> �~ , +� ���' at the optio� aP Lander, if morc�age ineurance coveraga (in tha amoimt and ior the period that l.ender requires)
<br /> `��'�•��• L� , provtded by an iRSUrer approved by Ler►der again becomes availabla and Is obtained.8orrower shall pay the premiuma
<br /> �-° .,��,�r required ta maintein mortgxge inrurence in efteot,or to provido a loss reserve, until tha rc•quirement tor martga�e r�_
<br /> �=-�s: �• -.•�,�p� insuranca ends in accordence�vith sny wrltten egreement betwean Borrower and Lender or applicable lativ. -
<br /> -� 9. Insp�ation.Lender or its agent mey mnke reasonable entrtes upon and tnspectione of the Property.I.ender ehall �'
<br /> ?,°� give Borrower notica et the ttme af or prIor to an inspection epecttytn�reasanable cause for the in.spection. _;
<br /> .��' 10. COAdOtI'1QOt;QA.Tha proceeds oi any uward or clatm Por damages,dtrect or corisequentiel,in cannection with �_
<br /> __;�,;�,�a,� any condemnation or other taking ot eny patt of the Prope�rty.or for conveyance in Iteu of candemnation,are hereby
<br /> assi�ned and shall ba paid to L,ender.
<br />-. .�,, ., ' tn ehe event uf a total taking ut tha Property, the proceede ehall be Rpplied to che suma sr�ured by this S�;uriey '�
<br />=� Inetrument,whether or not then due,aith any eaces�paid to Borrower.In tha event of u partial taktng of the Property i�
<br />'`'T which tha tair market value of tha Property imrnediately bafora the takin�is equal to or greater than tha amnunt nf the
<br /> :,R..�-•_ -
<br />�. sums secured by thie Security Instrument tmmediataly bafore the taking,unlesa Bonawor and Lender otharwise agree
<br /> ��""""'":� in t++rIting,thesurnasecured by thisSecurIty Instrumentshall be reduced by the amount af the proceeds multtplied by
<br /> '�•�:�. the followIng fraction: (a) the total umount of the sums secured immediately beiore the taking,divided by (b)the fair
<br /> -=�""� �� � market value oi tha Property immediately before tha teking.Any balanca ehall be g�id to Borrower.In the event o!a �
<br /> ���'•��`��' � partial takIng ot the Peoperty in which tha fair market value of tha Proparty immediatety befora the taking is tess then
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<br />�_;��„. � . .� • the amount of the suma secured immediately bafore the taking,uniess Borrower and Lender otherwise agt�ee in wrlting
<br /> �Y ''�.•' =• or unlesg applicable Iaw otherwisa provIdes, the proceeds ahall be applied to the sume secured by this Secu»ty
<br /> ��'`! Instcument whetheror not the sums are then due.
<br />.�::.�� ,.j �• If tho Propei-ty ie abandoned by Burcower,or if,after�tmtice by Lender to Borrower that the condemnor offers to
<br /> -':�:.r:'i�% make an anard or sattle a claim for damages, H:►rrower Rails to r�sspond to Len3er within 30 days after the date the
<br />�����',`�, notica is given,Lender is authorized w collect ana apply ih+e proceeds,at its option,either to restoration or repair of tha
<br /> ��'•��a�:��;.% Property or to the suma ser:ured by thls Security Instrument.ahether or not then due.
<br />.:��:N�`rn.!e Unless I.eaderend Bortower otheraise agrea in writing.any applicatton oi proceeda to principal ehall not extend or
<br /> `-;,',��{�;`' postpone the du� date of the monthly payments raferred to in paragrapha 1 and 2 or changa the amount of such
<br />::�:,i:{��.�i�� PaYments.
<br />°°��i7A1' t l. Borrowcr IJot Released;Forbearance By Lender Not a Watver. Extension ot the tima 4or payment or
<br /> •a'3.T' 't
<br />'_,k,�s.,�,,,,,,_ modifiaation ot amorCization of the suma seout�d by this Security Insttument gcanted by Lertder to any successor in
<br /> ��=:=:��n ' interest of Bornower �halt not opc�rate to releasa the liability oi the original Borrower or Borrower's auccessors in
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<br /> ===u��.r � , interest.�;ender sf�all not be required to comm�nce proceedinga against any euccessor in interesi or refuse to eatend
<br /> -�"'��'� � time for�lsymant or otherwise modity amortiaotion of the suma secw�ed by this Security Instrurt�ent by reason of any
<br />._-+J11Y Y. � .
<br /> ;.�"`f �'� demaii�mado by tha origlnal Borrower or Borrowet's auac�ssora in interest.Any forbearance 1ig�Lender in aserclsing
<br /> --`--- . �any sight or remedy shall not be a wetver o4 or pm.clude,tt►��asercise oi any rIght ar remedy.
<br /> _ �-:�..�� 12.&ucceasors aad Aasi$ns Bound:Jaieet an�Sevaral Lisbility;Co-signera.The covenants and egreEments
<br /> ._ r�,��� of this Security In�ment aha!!bind an� beri(eYit the a���ec�snrs and essigns of Le.nder and Bnri,ower,subyect to the �_
<br /> �-�°-�Q�° provisIona of paragraph 17.Borrower's covenants and agceaments shall be joint and saveTal.Any Borrower who co signs
<br /> "` this Security Instrument but dces not execute the Notei(a} ;a co-signing this Security lnstrument anly to mortgaga.
<br /> –_ -� grant and convay that Borrower's interest in the Propecty under the terma of this Stcurity Instrument; (b) is not
<br /> personally obligated to pay the aums secure8•by this Security Instru�xien2;and (c) agees that I..e�dBr and any ot�er
<br /> -_—�-�-- � Borrower may agc�ee 2�extend.modify,forb�r cor:�uka uny a«�mr�fiadations Nith regacd to th�;terma of this Security
<br /> _=_- _ � Instrumentor the'Noti�without that Bonow�r.'s�n� ... . '` � , ` �
<br /> 13..b;psn Cl��rgea If the lozan secured by s Security���nstrume,�t as'subject td a law which's�ts rnaximum loatt
<br /> -- � — charges. and that law is fiaelly intcrpreted so;t�iat ihe in�er�est or oth�s:toan charges colleated'cit�to ba ca�lected in ,
<br /> � amnxtion wtth the loan exceed the permitterl 3imits.tAen:(a) any s�icE�ldan charga shell be re�uced by the amaunt ��.`"
<br /> --` neces�ary to reduco tho charge to tha perntiitted limi� aad (b)any su�s already collected frorin Sornov,rer which '
<br /> exceeded permitted Iimits will be refunded to�Borrower. Lender may choose to make this refund by reducing the
<br /> principal owed under the Note or by maktng a dtrect paynaent to Borrower.If a refuad reduces principal,tha redaction
<br /> wlil be mated as s partial prepayment without any prepayment charge under the Note.
<br /> 14.Notioee.My notice to Borrower proy,ided for in this Security Instcument shal)be given by delivering it or by
<br /> �_.�W�� mailing it by tiistclass mail unless applicable_Iaw requires�se of another method.The notice shall be directed to the ,
<br /> ----_°– Property Address or'ai�y other address Borrowsr designates by notice to L,�tder.At�y.'ttotice to I;end'er shall be given by '.
<br /> ' ' first class mail to Lender's address stated hetoin ar any other address Ldnder de,aignates by ndt�ce to Borrower.My +: , '
<br /> `�� notice provided for in this Security Instrument ahall be deomed to have been giveri to Borrower or Lender whisa given
<br /> as provided in thia par.agraph. '
<br /> IS.(�overaing Law;Severability.'This S�curity Instrument sliAll ba governed by federal law and the law ai the
<br /> �– � jurisdiction in whioh the Property ia located.�n ihe event that any prov�sion or clause of this Sxurity Instrument or the ' ,
<br /> , :, Note contlic�s witA applicable laa. such conftict shall not afEect other pr�vislons of thi$Security Instrument or the Note .
<br /> whiaA can be given effect aithout tha oonflicting prov�sion.To this end the provislona of this Secvrity Insd�ument and
<br /> _ the Noto are decYand to ba saverablo.
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