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<br /> '.�` the o 'on of[xnder,if c�aortgage�rance ooverage(in the amoum and for the periad
<br /> PaY���y no longer be r�4uired.et lra b�otrees available and is ubmiae�.Sorrower shall p3Y
<br /> ;,:' 4. . � tbat Lender requir�esl provided by an insnTec aPPmved bY Lender again r.f.`''
<br /> ;: .�._„�. `� to maintahs mortgage insurance ia effed.or to provide a loss resenre.unti�the requirement fos mostga�e .'y�.�
<br /> �e p�u���� �ween Borrower and Lender or appticable taw. �- .•:
<br /> . �. �, insurance�ds in zomrdanae with any writteo agre�ne� Lender shall give ��° .:
<br /> oro
<br /> .. 9.In��oa.Lender or its agent aaaY make reasomabte entries upon and'uisPections of the Property
<br /> Borr+ower�tice at the tia►e of or prior to an inspecticsn sPecif�n8 resso�ble cause far the inspectioa. ,�:;'.
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<br /> - ,-"..'��;..r�..,, . ' 10. Coadem�an-'fhe Pr�of any a�*raid or ciaim for damages. dinece or oonseclnentuil. in oonaection with aaY �.�__.
<br /> �`� ". •: wndemnatiaa or ather taldaS of any part of the propeatY.or for conveyanve in lieu of wndemnation,are herebY�8�� .
<br /> . ',.�.i �,. �' . shall be paid to Legder. Ieed to the sums secu�ed by this Security Instnunent. -.-.
<br /> the rooeeds sbfill be app' w wtuch the fair
<br /> � U the eveat of a wtal qking of the Property. P tagin of the Y�openy � -
<br /> ;' �•` f:,. afiether ar not then due.witls a�►Y exeess Paid to Bor�ower.In ttce eveot of a parteal S -
<br /> � martet value of the Propert3+ �mmed��Y before the takiag is equal to or greater t6an the amount of the sums secured bY ttns
<br /> : .j`."`'; ge�uity Iasuutaeat ircumediate�Y before the talan&•cmless Bar�ower and Leader otherwise agree in writing.the sums secured bY `�.�'„,..
<br /> . � this Seauity Instrameat shall 6e reduced bY the amonnt of the praeeEds mnItipliad by the following fiaction: ta)the tatal .:,;_+_
<br /> .`•,">:��'". ` befoie the taking,dividod by(b)the fair market value of the Propert5+ia�iately .
<br /> ' •�<-• . : � amount of the sums sewted immediatelY
<br /> pny balaase shalt be paid to Borrower. Tn the event of a pattial talang of the Property ia whicb the fair
<br /> before the taldnS- -
<br /> ` • market value of the PropeRy imar�tiately before the taking is Iess than the amount of the snms secu�cd immediatetY before the i r `'�
<br /> . _ taldng.unless Eorrower and I.ender otherwise a�ree in writing or unless agplicable law othsrwise pmvides.the procxeds shal!
<br /> . '-�� :'• `� be applied to the sums secored bY tbis Secuiit3+Iasorument whetiier or not the sums are then due.
<br /> ' If the ProPertY is abandoned by Borrower,or if.after notice bl+Lende�w Borroaer that the aondemnor offers to make an
<br /> :�i�•'.::��'�"� . o Bosmwer fails to sespoad to Lender wi�hin 30 days after the date the notice is g�en,
<br />' .,, , . , awatd or s�de a claim for dama�,es• or to the sums ° �
<br /> � . i„ender is authorized to aollect aad aPPly the pmceeds.ffi its option.either to restoration or repair of the Propert}►
<br /> .. ;•.'�4"� . secured by dus SecuritY Instsament,whether ornot then due. ���;��::.
<br /> r � � Unless l�ender and Barrower otherwise agreE in writing. anY appliptiion of pmceeds ta principa! shall not excend or
<br /> . '..�y: o ne the dus date of We monthly Qaya�ents tefesred w in paragrapl�s 1 aad 2 or chauge the amount of stich payme.nts• -
<br /> _. ..��..a,; � �° Le�td�No4 a Watver.Extensioa of the tune for paymeat or modifrcation '''�:_
<br /> • • • II1L.BorrBw�Not Released;Forb�ranoe�Y ,�•--:
<br /> � � of amartv�on of t�sums s e c u r e d b Y this Sec�ri ty Iat4vment granted by Lender to any successor in intcrest of Borrower shall �. ,._
<br /> ,' ,y',`''`,�' uoi aperate to reie�tke liability of ths original Borrower or Borrower's successois in interest.I.e�de�c sball not 6e r e q u i r e d w - °-
<br /> . ' wmmence prooea�a8��8��or in iaterest or refitse to eMend tiine for payuie+at or othera�urodify amortization �
<br /> ` �"g't�<s`.:. ';��.,,. ° of the sains scxvt�d 6y tF� S�ity Inst�nment by reason of any+ demand made by the original Bonower or Borrower's �. .--
<br /> ��::�!f4„�,, . �: � sAall not 6e a waiver of or precinde the _
<br /> `{,?'���f;�;` . , s¢ecessors in interest. Any fm�..�uce by�.endes in exercisin any right or remedY � N3
<br /> _. exercise of any right or remedy.' ���.f.�� �vE�-����ts of tLis �.
<br /> ' 12.Successo�s an d A s d g u sB o u n d;�'�t and Seveeal Uability, �'s�to tbe provisions o f
<br /> � ,r ���" ors and assi of Lendec an�Borrower, �.'
<br /> ` .: � � ' f:z SecuritY Insaume� shall bind and benefit tt�sascess S�
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<br /> • .,<. -..:�' Par-�raPb 17. BoTroKrer s oovenants and agre�n�is shaU be joint anA seveial. Any Borrawer wha ao-siges��v�t'�at -
<br /> � ;a�Ent but does not execute the Note: (a)is co-signin8 tlris Secvrity Inshument e�'`9 t°m°rtP,ag ��°
<br /> '`�` uader the t�sns of this Security Inscrument:(b)is not personally obligated to}�:y the sums �-.
<br /> : :: ."„1 Bomower's interess in the ProPertY to extead.mo�Y•forbear or _',- _ .
<br />; ��.:.�.. � . '< seru r e d by t h is S o s.a i t y I n s t i a m e n t:a n d(c)a g r�s that I.ender and any oiher Eorrower maY agme =
<br /> _ • . �: ' �e�y���nons with segard to the terms of this Serurity Insqument or the Note without that Borrower's consent. ���.
<br /> ..; •�.. .
<br /> . �' 13.Loan Chat�es.if t�it�n secured bl+thi's Security Insuumeat is subject to a!aw whicfi sets maximum loan�a�ges. _
<br /> �:�,�..�.. � .. r: � _
<br /> �" a�d a.'hat law is finally intery�l so that the intemst or other toan charges collected ca e�t�e collected in connection witb the -
<br /> laan eJCCead the permitted ti��..�en:(a)anY sucb loan charSe sha11 be mduced by ft�r�ount necessa�+to reduce the chatge
<br /> ` � to the perrnitted�x e� ro)�,y'�al�ady wllected from Bonower which exceeded pe�mitte�l timits will be refunded to �'
<br /> � .. .,.;., Eomower. l.ender maY choose to make tiv�cefunp by reducing the principal owed�nder the Kat�:or bY �D�out�any -"
<br /> .. , p�atEnt w Borrower. If a r��aad red��°y grinci al. tho reduction wiH be ae�ated as a partix( �epaYm�t -
<br /> �� em char e under the Kccw —`
<br /> , F�'�Y� 8 —
<br /> ' " i4.NottePS.A�r aotice ccs Liarsa�rer I.�yide�for in this Serurity Instrument shall be given by delivering s�cr by mailin8
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<br />. . , it by first class mail unless appiic�h!e taa r�u:ires nse of arto4her methad.'�e to�Lender�shall b�n by first ctass mail tos �:"::'
<br /> or any other address Borrower desigt�tes �y notioe to Lender. ,Am+ � �--•
<br /> � � � Lender's address stated herein a�r any other eddress Lender designates by�totice to Botrower. AmJ c�attce Pmvided for in this �r,�`
<br /> � ' S�carity insuument.shall be daza�cd to have been given to Barrowes ar Lender when given as provi�in this paiagraph. �
<br /> � . Gov Law; Severability. 77iis Security 1nstTame�►t shall be govec�d by federal law and the taw ofthe �,::-
<br /> 15. erning
<br /> �� • ` jarisdiction in whIch the Praperty is located.In the event that airy provision or clause of this Sec�nety Instrument or the Note E:_:
<br /> �. ' �• ' conttids with appltcable law.such conflict shall not affect other pravisio�s of this Security Instn�a ur the Note which ca�►be �_:
<br /> � ' ; given effect without the canfliding provision.To this end the provisions of thia Secarity Instnun.°r1 and the Note are deciared
<br /> �...:.
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<br /> '' : � � ; to be severable. : ,
<br /> � ; 16.Bosrower's Copy F�caasuwer slmll be given one oot�Fonned copy of the Note a�e3 of this Securiry lnstrar�nt• i-
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