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<br /> � c � payments may no longer 6e requfred,nt the option of Lender, if mortgage inaur�►ac�caverege(in the amount tutd for the period
<br /> �� thnt Lender res�ui[ea)provlded by an inaurer upprovesl by Lender agnin bsoomes uvtiilublo and ta obtained. 13onower sh�ll pny -
<br /> tha premtuma reyuired ta maintair�mortgage fasurance in eff�ct,or to provida a loss reservo. untii the mquirement for�onguge
<br /> • insurcv�ce ends in accorda�►ce with aay wdtten agreement between Borrower and Lender or applicablo law.
<br /> 9.Linspe�tton. Lender or itx agent may mulce reasonable entrles uFon arzd lnspectiona of the Property.l.ender ahult give
<br /> Borrower noUce at tho dme of or pflor to an inapection speciEying reasonablo cause for the inapoccioa.
<br /> � 10.Condemnatton.711a proceeds of any awaM or c1Nm for dumt�es, dlrect or wasequentiul, in connection with Any °
<br /> ' V " condeuu►ation or other teking of eny�a�of the Froperty,or for conveyanoe in 13eu of condemnation. are dereby osslgaed aad
<br /> � • '�� shall be paid to Leader.
<br /> ��� In the event of a total ta.klnII oP tde Property.the pms�eds ehall be appNed to the suma secured by tbis Securiry Inatn�ment,
<br /> ,��,� whether or not then duo. whb��n�exaesa pald to Borrower. In the event of a partial taking of tfle Property iA which the fair
<br /> � merket vulue of the Am,p�smy•immfdtAtaly before the wking is equal to or greater tbm►tde amount of the aums secured by this
<br /> .^''"'`"`•'� Secur�ry Tnsm�ment.itnm�cllptAl���bafafa the tuking�ualess Borrower and Lender athetwlss agree in writing.the sums secured by
<br /> �, ` thia Sccurity Inamsmcnt�aht�l�b� teduA�sl by the aawuat of the proceais muIdplicd by the following fraction: (a) the cotal
<br /> �, • amount of the sums aecuted,itnpaadic;t�ly bLfore the taking, divided by(b)ttte fair market vnlue of the Pmperty immediately
<br /> ,� • befoYe the taking, Aap�ba]uncro s6a11'ba p�fd ta Bomower. In the event ot a paitIal taking of the Pmperty in which the fair
<br /> � ' market val�te oP th�Ptop�Ytq►ltnmaAiptRly bafore tho caking is less than the aaLOUat of the sums secured immediately before ths
<br /> ° h� taking,urJess Botmwer snd i+ensipr uthbYwtse agree in wrlting or unless applic�tble law othenvise provides.the pmceeds shall
<br /> � „ be applled w tda►sus'as r�w�d b}�tblc Security Iasuuatent whether or not the suma sue¢hen due.
<br /> If tha Propimy�Is a4�andaned�by�-16arrower.or if, after notice by Lender to Borrower that the coadecaaor offers to make att
<br /> x award or settla a ctAim.�'an da�l�es„Bott+ower fails to respond to Leader withfa 30 deys after the date the notice is glven.
<br /> Lender ia autharit;od ta a�llact aad•t�ply the proceeda.at its opdon.either to resrotation or repair of the Property or to the sums
<br /> " ' secuned by thls Secur#ty�Ynstr�amcut,wbether or aot then due.
<br /> Unless L.ender and �orno�vst otPicra�ise agra:in writing. any applic�tion of p�s w principal shall not eatend or
<br /> '" . -, postpone the due data of the montbly paymenta referred to in paragrapha 1 and 2 or change cLe amount of such payments.
<br /> - 11.Botre�oiver Not Rdeased;Fottsearaaoe By L.ender Not e W�lver.Exunsion of tlte time for payaeent or modification
<br /> " of emoNzaticm of the eums secured by d�is Szcudty Instrument granted by Lender to any suocessor in interest of Bonower shall
<br /> - � 'j not operate to release tbe liabiUry of the or3�inal Borrower or Bormwer's successors in interest. Lender shall aot be required to
<br />':. '. commenoe Proaeedinga a�ainst any successor in interest or reti�se w exteud dme for payment or otheiwise modify amortization
<br /> " of the sunns secured by this Socudty Instrument by nason of any demand made by the orIginal Boraewer or Horrower's
<br /> � - ,,:� suooesso�s in interest.As�y gortearance by Lender in exercjsiag any rIght or remedy shall z�t be a waiver of or prcclude the
<br /> �..:`_ e:e�ise oi�y righi or nemedy.
<br /> _ "�� � lZ. Suoc�ssors an�Asstgns Bo�md;Joint aad Sevu�l LlabWty; Co-sip�ers. 'I�e covenants aad egseemente of this
<br /> �'•%_r�.: �`''" Security Insau.ment shaU biad and benefit the sucoessors and essl
<br /> ��,,,T�; gns of Leader and Bornawer, subj�t to ttne provisions of
<br /> �..:�.�. ,:� P�eS�Ah 17. Bomower's covenaats and �raementa shaU be joint and sevent. Atry Bonower�rho co-s�gas this Sesudty
<br /> - �i�•'a'ty. III.Saument but does not execvte thB Note: (a)is co-si this
<br /> �.ty,� ,._ gaing Security Instrument only to martgage�graat and convey tDat
<br /> ---i`.��:�+,:,:�r�"s� $orrower's d�t i�n the Property un�er tho terms of this Security[�.�trument.(b)Ls aot persmnally oblIgated w pay the sums
<br /> .�°-���s ii';�' saured b thls Secud Insuumeat:aad(c)agt�ees that Lender and other Bv�rower
<br /> Y ry any may agrce to e�ctend.modify.forbear or
<br /> ,:�;;,;�' � ma�ice any accommodadons with regard to the tecros of this Sccudty Insuument or the Note without thaz Borrower's oonseut.
<br />="�'--�`' _ � 13.Loaa Chsugc�. If the loan secured by thia Secudry Insuument is subjea w a law which sets maximum loan eharges.
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<br /> _ ;: �;,.<, and that law is finally intap�so that the intenst or otAer loan charges aollaxed or w be ooll�in eonaection with the
<br /> ���!�;i: loan exceed the permittcd limim.than: (a)aay such loan charge sba116e neduocd by the amouat aecessary w reducx the c,�arge
<br />"'"�`�!'°�`Y to tha permitted limit:and(b)any sums already collxted from Borroaer wtich exceeded petmitted limits will ba retttnded w
<br /> — °---�r� 8orrower. Ixader may c,hoose w make this refuad by reducing the priacipal mived under the Note or by maldag a direct
<br /> ��:Y�� ,. �ayment w Bormwer. If a nfund iednces principal, ttte reduction will be treated as a P� P�PaYn►ent witltout any
<br /> -- -''�� �PnP�.�Be under the Note.
<br /> _�_�?_'�°±:%:. ' 14.Not[c�.An aotice to Borrower vided tor!a this S�cari Iaistmment shall be vea b deliv ,„'���,,,,
<br /> Y 1� ry gi y eiing it or
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<br />�-_�:��"� it by fust olass mail unless applicable 1sw requires use of aaothet met8od. 7he aotice shall be directed to the Property Addc�ess
<br /> ��-;��- or aay other address Bmrmwer designates by notice to Lender. Any aotice to L'ender shall be given by fust class mail to
<br />_.c.._ -;'-`-'�� I.euder's addnss stated henin or any other address l.ender designutes by �uae to.$orcower. Any aotia providod for in this
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<br />�==T�,.,.� Savrity Insnwaent sbsll be doemed to have been glvea to Borrower or I.ender w�given as provided ia this paragraph.
<br />—�,' IS.�overdng Iav� 3tverability. '11iis Securiry Insnurttent shall be govemed by federal law and the law of tite
<br /> ,��:,;,;'� jurisdicdorn ia aWch the Propetty is located.In the event that any pmvislon or clause of thia Security Insuumcat or the Note
<br /> __.__-_�_.�_�a ��ias with appHcable law.such oonflict ahall aot affax other provisions of ttils Secu.rlty Insuument or the Note which can be
<br /> ��'�� given effoct without the conflicting pmvision.To tbis end the prnvisions of this Secudty Inshument an�the Nate are declared '
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<br /> ;:��;�>7�, to be severable. •.
<br /> _ :--`�?;:-::, � 16.S�+isower's Copy.Bomower shali be given one oonfo�i aopy of the Note and of this Sccurity Instiumem.
<br /> --�� � _:�:�� Form ao2s �iso
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