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<br /> .��'' u menta may na tongcr bo required.ut tho option of Lender�1f mortgage insurnnce coverage (in the amount and for the pedod �_
<br /> �� s hat Lendcr requirca)pruvlded by an insurer approved f�y Lendcr agnia becomes avalhble nnd la obtained. Borrower sh�ll pny �.
<br /> • t tpee{�remiums required[o ronintaia mortgngc i�surnnce in effect.or to provlde n loss rc.�ce-ve,until the requirement for mongo�e �j E,
<br /> inauranee ends in acrnrdwue with cu►y wdtten agreement becween Elonower and l.ender�+�appticubte law. � �;_
<br /> � g�Inspeeilon.I,ender�r Its ngent mny malce ceusonnble entdes upon nnd ingixc►ions of the Aroperty. Lender shaU give � �.
<br /> Borrowcr noNcc c►t thc timo af or prior to un inspection spccil'yfng ceasonnbtc causc fanhc insgcctlon. �q•
<br /> , ���. 10.Condemnatiod.The proceeds of ony nwnrd ar claim for damnges. direat or consequential, in connection wieh any M �;.
<br /> • condemnntion or�ther tuking of uny part af the Praperty,or far sanveyanx in Iicu otcondemnadon,ure hereby nssigned nnd � `,.;_,:
<br /> u��.� sha11 be pnld to Lender. _�
<br /> Is�the event of u tatnl toking of the Property,the praceeda ehall be oppfled to thc surna secured by this Security Instrument,
<br /> whether or aot then due.with any excASas paid to Bomower. In the evene oP n pnrtial�aking of the Propecty in which the fnir �
<br /> sas
<br /> • market vuluc of the Properry immediately before the tnking is eqwil to or gre�ter than the amount of the suma secured by�his
<br /> �`` • 3ecurity Insuumens Im�ediately before the teking,unless Borrower nnd I.ender otherwtse agree in wdting,the sums secured by
<br /> �; this Securtry Instrument sball be ceduced by the amount of the proceeds multiplfed by the following fmction: (a) the total _
<br /> � •�' amount of the sums securerl immediately befo:e the taki�ig,dtvided by(b)the fair aiarket vulue of the Propeny immediately .._
<br /> tsefore the teking. Any balence shalt be paid to Borrower. In the event of a partial talcing of the Properry in which the f�ir
<br /> � market value uf the Property immedlately before the taldag is less than the amount otihe sums secured immediately before the
<br /> taking,unless Borrower and Ixnder otherwise�►gree in wcltiag or unless apPlicabte law otherwlse provides. the pmceeds shall
<br /> be applied to the sums secured by this Securlry(nsmwsenc whether or not the sums an�hen due.
<br /> t•�°' ���•, � If the Property is abandone�by Borrawer,oz if,aRer aotice by Leader to Borrowerthat the condemnor offers to make aa
<br /> " " award or settle a claim for damaBes. Bormwer fails to respoad to Leader wt�in 30 days after the date the nottce is given.
<br /> � I.ender is authoriud to collect and apply the proceeds, at!ts option.either to restoratioa ot repair of tbe Property or to the sums �
<br /> °� sea►red by this Securl►Y Iashvment,whether or not then due. lication of roceeds to rincl al shall not estend or
<br /> • UQless L,ender and Boxrower otherwtse agree ia wrlting, az►Y aPP P P P
<br /> -:-�,;�' postpone t6c due date ef the moatlily payments rcferred to in paragraphs 1 and 2 or cluage the amount of such payments.
<br /> �1. Borrower NoE Released;Forbearana By E.ender l�i�,i a Waiver.Factensioa of the time for payiaent or modification
<br /> ����=`'�'� �:�;���;�';-,,, of amortiTadon of the sums s�cured by this Securlty inst�ument 8tauted by Lender to my auccPSSOr in interest of Borrower sheil
<br /> �•� '�.�++F��:;�;�i;,��{.: aot oporate w release the liabiiiry of tde orlgiaal Borrower or Bonower's successors ia zntec+�st.I.6nder shall not be�quired to
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<br />;y:.; ;.'.;,���, � �. . commence Proc�in8g aSainst atty successor in iate�est or ceftus to eatend tiaie foryaymeat or othervvise medify amorti�atian
<br />-��.�-,'-::-' af the sums se�red by tbis Security insuuanent by mason of any demand made by the original Borrower or Borrower's
<br />;��;::�:�•� d t or remed sbaU �aat be a waiver of or preclude the
<br />�;:.�.;,, successors in interest. Aay forbearance by Lrender in exercising any P,h Y
<br /> � =' � exercise�f aay rigl�t or rem�y.
<br />-=•'2�=��'t:`�.,,,;,.:i���� 12. Successors and Assigns Bound:Joint enct Severu� aaab�'ifyt��aa. T'aa �v�uams aad agrce�•w^f sh!: ^
<br />_.:1:�,ft�,,,.. ' ��ri�, ���at shsll bind and benefic the suocessors and assigns of I.eader and Borrvrier, subjeet to the pro'vi�iona of
<br /> .�'"�'������� paragraph 17. Bortowee's covenants and agreements shall be joint aad ss.weral. Any Borrower who w-signs this Securiry
<br />_ _;f�,�-- Tnsuument but does not exocute the Nou:(a)is casigning this Secudty Instrument only to mortgage. grant and convey tdat
<br /> --�r1;��;�' Botrowec's interest in the Property uader the terms of this Security Instrumeat:(b)G not personally obl3gated co pay WB sums
<br /> --;�,.�" secwrod by t6is Security Instrument;am�(o)agrces that Ixnder and auy other Bomovrrr mtry��gee to extend,modify,fotbear or
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<br /> :-- �t e�y,�coommodatfiona with r�gaiQ 2o the terms of this Socurity Instmment or the Note without that Borro�ver's cons�.
<br />=�=-r._�"'a�' � 13.Laan CI�'8es.If the loan secut�ed by this Securicy instn�mens is subject toa law which seta maximum lonn cliarges.
<br /> _�:;�..��� .. aad that law ia finally interpreted so that the interest or other loaa charges collected or ro be collectad'ut connection with the
<br /> ":�...�`�` loan eaice,�d the Perm[tted limits. then: (a)anY such loan charge shall ba reduad by the amount necessary co reduas ttte chaz�ge
<br />- -- -_— to the qermitted timit:and(b)anY sums already collected from Bornnwer which eaaedod permitted Uraita will�b��fled to
<br /> � u3 �rro�+�s.�1,ender may choose to make this refw�d by reducing the prIncipal ovxd under the Note on•b}� m� a direct
<br /> --`.� PaY�xn��to Borrower. If a refund redaces principal, che reduction wW be treatec'1 as a partial�Pt�puYment� adthout any
<br /> _----�`-- p�ayment chaige under th�I3ote. . -
<br /> -.---��__ 14.Notices.Ar►y notice to Bosrower provtded for in this Security Ynstrument:6all be gtven by deliva�in�it or by mail3ng
<br /> --___--��;'.� it by first class mail unless appl�cabte law requires use of another metltod.The nosia s�1�he direaed to the Ptopeny Address
<br /> -_- or any other sddress Borrower designates by notice to I�ender. Aay nottce to I.enttcr s'ti�ll be given by first cEass anail to
<br /> -_=---- Lsader's address stated herein or any other address L.ender designates by tto2aoe eoBo:rower.Any notfaE pmvided�or in this
<br /> ��-�"'�`_ — ���y,Instn�ment sha11 be deemod co have beat given to Borrower or Lender when givea as provided�m ckis paragraph.
<br /> - 15.Governin8 I.aw+ SeverabllltY• Tltis Security Insuument shall 6e govetaed by federat 1}�v and t�e law of the
<br /> - -__= jurisdlcHo�n in which the Pmperty is located. 1n the event that azry provision or claes�of th:�Seourity��strument ut che Note
<br /> oontlkta with appltcable law�such conflict shatl not affect other provisions of d�is Sa,ieiiry insaunneat or;th2 N4te�ai�caa be
<br /> -- -----= given effeix without the oonAicting provtsion. To this end the�provisions aiF t�ia Saarity Tnst�umsnt�i�the Note aze 0eclated
<br />_ �'��� " to be severable. .
<br /> -�{°:�.=�� 16.Bonowec'�.�opy.Borrower shall be given one conformed oopy of the I�iote and of this Secucityr�Fnsavment.
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