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<br /> � 98- 110�,25
<br /> nt thc ��ptiun ut Lxnder, it mort�a�e ineurmce coven�e (in thC amuunt end fnr the perir►J that Lendcr reyuires)
<br /> provided hy�n insurer approved by l.ender��ain becnmes�v�il�ble�nJ is nht�ined. }3��rrower shall pey the premium�
<br /> rcx{uircd to m�intain martQ�ee inaur�nce in etfect,or to pravide a los.R r�erve, until the rsquirement tnr mnrtK�Qe
<br /> inaurmce endA in aecord�nco with�ny written aQreement betwan l3urr�wer�nd l.ender nr epplicablo lew.
<br /> �l. Inspectinn�l.�ender or ita�Qent m�y m��e reaa�m�ble entriaR u�xi�i and inspectinns ot thc 1'mperty.l,ender shall
<br /> �ive liormwer nntice at the time ot or prior t�en inapection epecifyinR reaaonable cauae fnr the insprction.
<br /> 10. Condema�tion,'I'ho procexds of�ny aw�rd or cl�im(ar dam�Yen,dirc�:t or am.aeq�unti�l, in cunnnction with
<br /> any�ndemnation or other takin�ot any Mrt of the Pmperty,nr tor conveyAnce in lieu of condemnati�m,are herehy
<br /> �w4igned end ahnll he peid tn I.ender.
<br /> In the evCnt ot a toul ukin�of the Praperty, the pnxrala shall he applied to the�sums sa:urexl by this Srcurity
<br /> lru+trument,whether or not then d�a,with+�ny ezce�s paid tn Aorrower.In thc event of a perti�l taking of the Pmperty in
<br /> which the lair m�rket valua ot the Pmperty immailately hetoro the t�kinQ is a�uel m ar Yreater thm the am�unt ui thr
<br /> Aum�aa;urai by this Security Inscrument immediately betore the t�king,unle� Hormwer and l..cnder ntherwiu agree
<br /> in writin�, the sums aecured by thia Security Instrument sh�ll be red��cal by the amount of the proceals multiplied by
<br /> tho tr.►IlaNine fractian:(a)the tot�l amount nf the numa secured immediately 1+etnre the takin�, dlvidecl by (b)the fait
<br /> market value of the Propert�•immedi�tely before the teking. Any t►�Innce shall be pid to Borrowcr, In the event ot a
<br /> partial tikin�ot the}'mperty in which the tair market vali�e of the Pmpany immediately betor+e the teking is I�as thm
<br /> the amount ot the aums secured immodi�tely bGfore tiio taking,unleae Bormwer and L,ender c�ther�vise egroe in writine
<br /> or unle�s epplic�ble law otherw(t�o pmvides, the proceeds ahall be •pplia� to the sums sxiueci hy this Security
<br /> Inscrument whether or not tho sums aro thcn due,
<br /> It tha Property ie abancbned by HormN'��,or if,�ttcr notice by T.e�lder to Aormwer that thq condemnor u�fers to
<br /> m�ke m�Nard or eettle a cl�im tor damQ�ae+, HorroNer fail�to respond to Lender within 30 deys etter thr d�te the
<br /> notico is eiven,Lender is quthorized to collect at►d apply thc prcx:cals,at its option,either to re�tc�reti�m ot ropsir of the
<br /> Property or to the sums securcd by this Sxority Inatn�ment,whecher or not then due.
<br /> Unlaee Lender and Bocrower otherwir�e a�roe in writing,any application ot procex�a to princip�l sh�ll not extend or
<br /> �tpone the dt�e date of the monthly payments reterred to in puragraphs 1 and 2 or change the �mount ot auch '
<br /> psymenta. •
<br /> I 1. Borrower Not Releaaed; Fovbear�nco By Londer Not a Waiver. Extension ot the cime for p�yment or
<br /> moditication of amortiution ot the suma eecured by thi�Security Instrument�rinwd by Londer to�ny aucceaeor in
<br /> intc�rc�qt at'BorroMCr shall not operate to relase the lisbility of the ori�inal Borrower or Borrowcr's aucceasora in
<br /> intei`det. L.ender ah�ll nat be required to oommence proceedings a�einsx sny succe�sor in intercst nr rctuse to eYtend
<br /> time for p�yment or othetwix modify�mortization at the sume accurod by this Security Irwtrurnent by re�son of any
<br /> demand msde by the ori�inal Borroaer or BorroNer's succe�rs in interest. Any forbar�nce by I,en�kr in exerciniry
<br /> sny ri�ht or remody shall not 1+e,R w�iver of or proclude the exercise of any ri�ht or remedy.
<br /> is.oiicx:oa.urs auu nwiRws iwund;ioiai�nd jovcrsi Lisoiiiiy;�.o-ai�a�n.Tbo covensnis ainds�reamenis
<br /> ot thie Security Inatrument aliall bind and benetit the succeaeors sod aaei�rus of Lender and ��otrowa, subject w the
<br />, provisions of p�raEraph 17.BorcoNer's covrnants and agroements shall be joint and aevenl.A�t�'�iorrd.er iVh�co�i� -
<br /> , thie Security lnstrunient but doee not executt the Nate: (a) is co-aignin�thia Security Instrum:dit,or�JX to� ortp�e,
<br /> �rant.+�nd oon'vc���t�iat BorroMer's interoet in th� Property under thc terms ot this Securit� I»strume�fi��) ie not
<br /> parxmilly obli��ad to p�y the sums secured by this Seti�rity[nstrument;acrd,��c:),�Yroes thst I.,�ndor'idid,any other
<br /> BorroMer may a�roe to extend,modity,forbear or make ufly sccommodati�r.s w�iic��t+c�ard ta tl►e terms of��is Security
<br /> Instrument or the Not�e Nithout that Aorro�ver's rnnsetlt:' ' '. ' � ���
<br /> � 13. I.�� Cbirses. If the I�n exured�by thie Security [nstrument is subject to�law Nf►�ich eeta mavmum !om
<br /> cfiar`es, �nd that 1�M ia Cnally i�terptete�d:sd thet the intereat or other loan cfip��ee c�ollxtei!or to be oollected in
<br /> oonnection with the !wn oYOeed the pexmitted limite,then: (a)any such lorn c1i�r�e ahall be reduced by the�mouqt
<br /> nece�rary to reduce the char�e to the permitted limit; and (b) any sums alrosdy collectod from Borrower which
<br /> e:caeded permitteri limits wi11 be retunded to BorroMer. Lertder m�y chaoee to make this rofund by reducin� the
<br /> principal oaed under the Note or by m�kin�a diroct payme�t to$o�rc�bwer.If s refund reduces principal, the r+eduction
<br /> xiU be trated as a p�nial prop�yment wiihout any prepryment ci►�r�d';un(kx the Nou.
<br /> !4. Notices. Any noticx to Borro�er provided fur in t'�ie Security'T'nstrumant afu�ll b��iven by deliverin�ic or by
<br /> mailin�it by first claas m�il unlees applicable!aw t�6cruiceis use ot another methqd..The notioe stull be dir,acstpd to the
<br /> F'ro�rty Addn�or any other addreee Borrower. �a,tss"�y notice to Lender.A?n:y notice to Lender ehall'•b�e�`�iven by
<br /> �1 ,
<br /> firstv'1�ee m�il to Lencier'a addroes stated herein ar any�itlier eddreae L.endar dedignatea by.,na4ice to Aorroiver. Any
<br /> • notia,provided tor in this Sec�rity Inatruer,nent ah�lt be deemod to have ban�iven to�3orro,w�r�cx Lender Mhen jivan
<br /> �s provided in thi�pars�caph. �:: ' ,;�: •'
<br /> IS. Goveroio� Law;5ever�bility.Thie Security lneteumrntehall be eovcrt�ed,6y[edMi�� IaM snd the IaM ot the
<br /> jueiediction in Mhich the Property ie located,ln the event that my provision or claiysa t�f thia Sxurity Ic�trument or the
<br /> � Note conflicta aith�pplicable I�w,such cantlict shall not attxt other provisions ad.�hia Security.Inatrumentor the Note
<br /> which can be yvbq sftxt Nithout the con[licting proviaion.To this end the provisions oi thia.Socurity Inatrument and '•.
<br /> the Note ne deci�r�to be xverabla ��.•.� ,1.. ,.
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