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<br /> ' payunents may no longerbe required,at the option of Lender, if mortgage insnrance covecage(is�the a�m�unt an�fo�r th�e p��i�a�d
<br /> _____-- that Lertder requirea) vrovided by aa insurer approve�by Lender agefn becomes available aad is obtained. Borrower ehall p4y
<br /> � 'T� the premiums requlred to malntain mortgage insw�nce in effect,or to provide a loss reserve,until the requirement for martIIp�e
<br /> � r inaurauce enda ia acco:doncc with any wrltteu agreement between�orrower and I,eader or appllcable law.
<br /> 9. I�pectton.L.ender or its agent may watse reasonable entries upon and inspecttons of the Proparty. L+ender shull glve
<br /> ° ° . Borrower notIce at the dme of or prtor to an inspection spectfytng t+easonable cause for the inspection.
<br /> - 10. CondemastYOp. The pmceeds of any award or clatm for damages, direct or consequential. in wnnection wlth uny
<br /> �'�� condemnation or other teking of any part of[he Pmperry. or for conveyance in lieu ot condemnation. are hereby osaigneQ and
<br /> � shall be pnid to Lende�.
<br /> .r„� ..
<br /> In the event of a totel teking of the Property,the proceeds shall be applied to the eums sxured by thi�Security Instrument,
<br /> ,;;:;�� , whether or not tben due,with any eacess paid to Borrower. In the event of a partial taking of the PeopQrty in which tho fntr
<br /> w.f.�n� market value of the Property�nediately before the taking is equal ta or greater than the amount of the sums securcd by th{s
<br /> s' Secucity Inatrument inamediately before the taking.wiless Borrower and L,ender otherwlae agree in wtttiag.tbe swns secura!by
<br /> � this Securiry Inatrumem shalt be reduced by the amount of tbe proceeds multiplied by the following frection: (a) the tatnl
<br /> .. �.� amount of the suiaa secured immedlately before the taldng,divided by(b)the fatr iaarket velue oP the Properiy Immediataiy
<br /> , � before the taking. My balaace sdall be paid to Borrower.In tde evenc of a partial teking of the Property in whicb the fafr
<br /> '��� market value of the Property immediately before the takiag ia 4ess than the amouat of t6e swna secured immediately before tt►e
<br /> ' , �,' taldng,unless Borrower and Lender otherwise agree�n wrlting or unless applicable law othenvise provldes,thc procee�s ahall
<br /> be applied to the awas aaund by this Secudty Insavment whether ar not the swns are tden du�.
<br /> If the Frupetty is ebaadoned by Borrower,or if,after notice by Lender to Bornower that the coademuor offers to make an
<br /> award or settie a claia�far damages,Bortower fails to respand to Lender withia 30 daye after the date the notice is given,
<br /> Lender is authorized tq wlle�t and appiy the proceeds.at its optioa,either to restoration ar repair of the ProFerty ar to tha sums
<br /> �°'; secured by this S�curIty Instcument, whether or not then due.
<br /> ���-Ft�
<br /> „'�.,;�:?�f, �` UNess Leader and Horrower atherwise agreE in writing,any applicadoa of pcocceds to prfacipal shall not eztond or
<br /> a°�' one the due dace af the monthl paragraphs 1 and 2 or chaa e the aznount of such a ments.
<br /> ; „• P�tP Y PaYmPnu referred to ia g P Y
<br /> °"°��r . 11.Bornower N�t Released;ForDearance By Lender Not a Waiver.Exteasion of the dmo for pay�nent or modiflcatian
<br /> • of amortization of the sums�ocured by this Secudty Inst�ument gcanted by Lender w any successor in inten�st of Botrower sh�ll
<br /> not operate to release t6e 1iabUity of the orlginal Borrower or Bomower's successors in iaterest. Ixnder ahall not be tequire+�to
<br /> • ° 5 commence pmoeedings egainst any successor ta interest or refuse ta extend time for payatent or othetwlse modify a�aottlzaHon
<br /> _ of the sums secured by tl�ia Securiry Inswment by reason of aay demand made by the originel Borrower or Botrotivar's
<br /> ` � successors la int�rest. Any torbearance by Lender in exerctaiag any r�ght or re�aedy ahall not be a waiver of or preelude the
<br /> " `^''`, ', exercise of aay right or reaae�y.
<br /> ��::.'.' ' • }a. &s�ss � � �at�sl:�Qfni ass!�e�nsl L#�bllfty: r4-s�ga-°a"s.�!R f4Yt+II2QL8 @Q� P�t'C!!i!1!'�lfP 2f�lL4
<br /> r�`�+ ' SecutIry Instniment s�aal! �ind aad benefit the successors and assigas of Lender aad Borrower. subject to the pmvisfons of
<br /> :" �� ara h tT. Hqrrovsra's tavenants sad
<br /> ,�,�; . P 8�P agrcements shall be joint and several. Pany Bottower who co-slgns thie Sr�urity
<br /> ,�::-�;;����. Iasuument but does aQt exaute the Note:(a) ia w-sigining this Sec�uity Insaument only to mortgage,graat end aonvry that
<br />" :,���.�;� Borrower's interest in the Pmpeity uader the terms of this Securiry Instrumeat:(b) is not peraonelly obligated to p�y ttto suma
<br />:r;ti.-i�r;: ��.R.
<br /> t.;:,;��;::;;;�,' secured by this Security Insuument; and(c)agrees that Lender and any other Bomower may agcee to e�uend,modiFy.forbeat or
<br />:.•;'�';:.��i:'; make an aocommadations with re ard to the terms of chis Security Instrument or the Note wlthout that Borrower's consent.
<br /> -�;.:�,•:..a • Y $
<br /> °-.�,•.T�, l3.Loan C�a►gee.Iithe loan secured by tMs Security Inatrument is subject to alaw which sets maaimum loan c�orges,
<br /> ,:"�i"�'�:;:,, and that law is finaliy inte�preted so thaz the intenest or oiher loan charges collected or to be coliected la conaectian with ttte
<br />=""";",v� loaa exceed the permitud limits,then:(a)any such loan charge ahaU be reduced by tLe azaowu necessary to reduae W�cbarge
<br />�����%�.: to the permitted limit� aad @)any sums already coAe�ted from Borrower which exceeded pe�mitted limits wlll be raFundcd to
<br /> ��;,c'
<br /> � '�7�� Borrower. L.ender mary choose to make this refund by reducing the principal owed uader the Note or by maidng a dlrect
<br /> __--..:_A�� Payment to Borrower.If a refund reduces principal. the reduction wlll be treated as a partial prepayatent without alry
<br /> - .—__ — pn.payment cherge unda the Note.
<br />___�=��0 14.lvotias.Any noaa to Borrower provtded for in this Securiry tnstnunent shait Dc3 gtvea by delivering it or by malling
<br />-;�;�`:�,� It by first class mail wiless aypdicable law requires use of another method.The nodce s6at1 6e directed to the Propeny Address
<br />�- ,.�:,� or any ot6er addn,s,s Bomnwer deslgnates by aotice to Lender. Any aotice to I.eader shaU be glven by first class anail to
<br />=°=t�'�--� Lender's address statod hereln or aeiy other address I.ender desi�ates by nodce to Borrowa.Any nodce pmvidod for ia thfa
<br /> "°��'�<;�� Secudty Insuument shall be de�med to have beea given to Bomower or L.eader wben given as provided in this paragraph.
<br /> - --- --— 1S.Govera�g �aw; SeverabWty. This Securlty lnstrument shatl be governal by federal law and tha law of the
<br />_-""""�'`� urIsdicdon in which ehe e
<br /> j Prop rty is located. In the eveni that aay proviston or alause of this Secudty Insiiument or the Note
<br /> `d�,,i�zs�� conflicts wIth applicable law,such confttct shalt aot affect othes provisions of this Securlry Yastrument or the Note whieh ean be
<br /> .��r�:,�,�,
<br /> _- .�i,.��.:� given effect withotu ttxeoonfliciing provisioa.To thia ead the provisions of this 5ecutity Insuuffisnt and the Note are doclared
<br /> ��.,�k.,�_:::
<br /> ^:.,;.::,.z'j'�... , w be severable.
<br />�^�.��-�`�,�'�.,`.. 16.Borroraer's Copy.Borrower shell be given one conformed copy of the Note and of t6is Securlty Inswment.
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