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<br /> �w.',•`<�� �� payments may ao tonger be iequired,at the optioa of Lender.if mortgage insurartse cov ge ia e na n or the pealod
<br /> , :;,;�'".: ' �L�er requ�res)Pmyided 6y.an ipsurer approved by l.ender again 6ecomes avallable sutd is abiqined. Borrnwer shall pay
<br /> :�'"'Y,�,:s_� the greminms requir�d to maintain mortgage insuraace in effect.or m providc a�oss rescrve.untii thc re4uirement far mortgage _ __ _
<br /> - - ins�uazuae eads in accardance with any writtea agt�ent�etween Borrower aad Lendsr ur nppliFabte law. ---
<br /> ��.y�',�` 9.Insgectioa.Y.ender or its agent may make reasonable eauies upon and i�spcctions of the Reoperiy.Lender shatt give
<br /> ':�.•` ` , ```:� Borrower notice at tite time of or prior to an insp�ction spedfyin�reasonabte cause for the inspectlon. ;.�=
<br /> � ���. 10.Coademnatton. The proceeds of any award or etaim for damages. direct or consepttentiui.fn conneeiton wiW aay ..,n:'�.
<br /> � F '� coadea�ation or ot6er tatting of any part of the Pvoperty,or for aonveyance in lieu of candemn�tian.at�hereby t�ssignai and -
<br /> _ ." shall be paid ta I,ender. ; �Y:
<br /> � In the event of a tatal taking of the Property.the proceeds sha11 be applied to the sums securGd by this Security instcumeut.
<br /> ,:..,�.c. ��.`. � whether ar not thea dne,�vitt�any eacess paid to Barrower. In the event af a partial usking of�ha Property in whicb th�fair ��`_ -
<br /> "�,._ ... .�
<br /> -�;�.._.~.� . .: market value of t�.:.Prvperty�mmedi�teiy befo�e the�ng is eqaa!to or greater than the mm�uat of the sums serured by this �.�`�'r
<br /> �� . ,. Ser.uriry Iasaument�iacely befor�thee taking,oniess Borrower aud I.endcr otherwtse ag�ec in writins.the sums secured by �•��,�_
<br /> ' : � t�is Seauity �st�all be:educed by the amannt of the proceeds multtplied by the foltawing fruction: (n) tt�tata! � _
<br /> : ,,;�::, 2„• `, amo�nt u�she sums secuced imn¢ediateiy 6efo�e the taking,divlded by(b)tlte fair madset value of the Property fmme�iately �° f�
<br /> Fj�(`� r� ` befa:e;th�talCing. Atry bat�ce shall ite paid to Bomnarer. In the eveat o f a parti a l t a k i ng o f t he P r oPe rty ia w h i c b t h�f a i r
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<br /> f5flr ���.� � ���ue of t��P.cuperty imm ;arp2y befor�the taking is tess than t6e amouat of the sums secuaed imm�ntely before the �.,. __-
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<br /> - �� ` taking, uiiless Ba�c>��aad Lender othe�rise agree in wdting or uWess applicabte taw othenvIse provtdes.the prooe�xls s�all �
<br /> ' •� , .��'� . b�applied W the suins secsured by Wis Secar6ty lasaume�whethes or not the sums are tben due. ; .
<br /> �f��SS .. ,4,`�'��_ If t�ie P r o pecty es aba�by Bormwer,or if,afier not�ce by Lender to Borrower that the oondemxtor offers to rtl�e an �
<br /> 'f;�.�t} . : - award+pr�ettle a clsiim for dam�es;Bomswer fails to respond to Leuder within 30 days after the date the notice is glve n� � _
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<br /> _ . .s , ,.. :�"F• �Leader is authorized w coIIect'an�appiy the pmceeds.at its optton.citber to restoratioa or r�air of the PEaperly or to the sums �,^:i_
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<br /> ..,,a.{:t,.<•;1..<jc�� • secured by this Security Instn�men�whsther or not then due. <��::
<br />_ -,�';ti�;��.;;:;::;`.;�� . Un2�s Lender and Borrower othe�wise agree in writiag. any_app l ic�t ion o f p r o c e e ds to p r i n d p a l s h a l l n a t e a t e n d o x -
<br /> � ��'�-' 'i'' postpone tt�dne date of the monthty paymenu referr�e�to in pa�agraphs 1 and 2 or change the umount of such payments. _.
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<br /> � il.Bomower Nqt geic�d;Forbearance By I.�der No!a Waiver.Extension af the time for payment ar madifcation � _
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<br /> " ~';, , -.. ;�t;� of amortiratioa of[he sums seca�ed by t�is Secarity Iastniment gcanta!by Le�cder to any successor in interest af Borrower ehall
<br /> � nn�operate to rele�.t�e tiability of the original Borrowet or Horrower•s sacces5ars in i nterest. L e n der s h a l l nn t be r+e q u l r e A t o F -�--
<br /> •.-, �.. �� , co�nence pr,00�against any saccQSSOr in interest or c+efns�to eatead time for payment ur othenvise modify nmottizauon � , �=
<br /> `,' `�,,' ,; :=�.�.>�`1. . . of the sums secuned 6y:tbis Se�ariry Iasdvment by reason of any demaM made iry thc originai Borrower or Borrowet's
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<br /> `_,"r.i�f;:}.,.,:'..:'• ;,� suce�ssbrs in inteiest.Arry fc�ance by Lendet in exerclsing any right ar remedy shsilll not be a waiver of br Pt�cludo the ---
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<br /> � '�:_ . 12.Sacoessors and Asigas Bamnd. �oint snd Several Liabflity; Co-slp�ers. The covenartte artd agre,�ments oi thla �
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<br />"� �.�' n� � •�� Sewrity Instrnma►t shall bind sind beaefit tbe successors and assigns of Lender and 8orrower.aubJect to the provlstorls oi _
<br /> �`.`���";�: .,'.'.•'� •; '-� Paragraph 17. Borrower's covenants and agreements shall 6e joint and several. Any Borcawer wha co-signs this Seatrity ^
<br /> � � <:;�"; � � ' :� Insuument hnt does not exetute the Note: (a)is so-sigrting tius Sewr�ty InsMtment onty to mortgago.Srant ttnQ eanvey thnt
<br /> �"'`. ',� � :j Borrower's interest in the I'roperty�u►der the temAS of this Security Insuument;(b)is not personally obli�ated ta pay the eum9 ' ►_ -
<br />�� . �. .';::� secured by this Security t� j*n �;�(c)agrees that Lender and any other Borrower may ag�ee to extend,madify�f�focut or �-_i,
<br /> ' ° � '� malce siry accommndadons cvith regard to the terms of this Secnrity Instrument or the Note without that Horrower'e consenr. _.
<br /> r.�� :.. � ' ':� 1 3.Loan C t a a r g e s.I t't he toan s e c u r e e i by t h is S e c u r i ty I n s t r u m e n t i s s a b j e c t t o a l a w w 6 i c h s e t a m s u d m u m l o a n e t�u r g e s. ..
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<br /> ���. '` .` :,�''��; ��; aad.t,yat law is finally in[erpretefl so that the interest or other loan charges coilect�d or to 6e oollected in oonnection with the . c�
<br /> �:. . ...._� t�n exceed We permitte+�lim'vts,�en: (a)any such toan charge shalt be reduced by the amount necessary to reduce the charBe
<br /> � �ti�-`�; : � : .�r�� �� to the petmitted limit;and(b)F.r.S" —
<br /> �r`;t . sums aiready collected from Borrower which ex c e e d e d pe r m itt e d U rt�ta w i ll 6 e m fl tn d e a t o =--
<br /> ' �,�,.i�. . Bonower. Lender may choose to ur�ke tFtis refund by reducing the principal owed under the Nata or by makiag a di[ect _---
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<br /> A_ t payment to Borcower. If a refunQ.refi.�os principal. the reduction will b'e treated as a partlal prepayment wlthout nny . _
<br />�,.`.;;'y . . _
<br /> � :;r>,c•..�'. . . i : prepayment charge under the Not,� . . �.-
<br /> '�'��`;•`�� • � �':y',i 14.Nottceg.Any notice tv���az�p:ovtded for in thia Secudty Instrument ehall.be given by detivedng it or by malling �_ ,.
<br /> � ''` ; .:' � ,,;s it by first class mail anless applicabta Iaw reqaires use of another methad.The not�ce shall be directed to the Property Addcess ��:
<br /> .�._.
<br /> ' 't 3'. oz any other addsess Borrower �s igaates by no ace to L en der. A n y n o t i ce t o L e n d e r s l u i l l 6 e g iv e n b y t�rst ciass mail to !-.
<br />� � .. �:';��` Lender's address'stated herein cr apY uther address Lender designates by notice to Borrowet. Any notice provideA for in this �..:,
<br /> F.:
<br /> r Seaisity Instrument sba116e d�ed to�ave been given to Borrower or l.eader when given as pmvided in this parasrnph.
<br /> �..; : � IIS.�Go�erning I.a�; S�'�aabSlity. This Security Instn�ment shall be govemed by federal law attd the law of the. �`�`'
<br /> _ ' � ��.
<br /> .��� ; jurisC:aion in wfticD the Prope*ty is lacated.In the event that any provlsion or ciause of this Security instrument or tha Nato . -
<br /> .. .; conflicts with�pli�able law.such conttiet shall not affect other pmvisions of this Security lastrument or the Note which can be �'�''��°
<br /> . ': � '� given effect ai�ir�it the wnfliding provision.To this end the provisions of this Security lnstrumeni arsd the Note are declurcd �--�
<br /> ,• . • co be severable. . _,,
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<br /> �;;�<;, � � 16.Borrower's Copy.�osrower shail be given one ca�nformed copy of the Note and of this Securiry Instrument. �
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