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. . '�f:., ' ._ ...�..�--- � r' � . �� .. ._._ .._.___.._.-__._.._.. _ ._.. . _.`____ ':'�K.. . _ ._.....------�--- - � . . � 98�- 11o3es ' p�ymeau tp�y no loa�er be required,at the option of Letsder. iC mon��{e iruurancc covea�e(in the amount u►d for the periad ttut La�der raquirei)pmvidod by�n lnsurer�pprovod by Lender r��in becomes rv�il�bie�nd i�ob�ained. BoiTOwor shdi psy tbe premiuma requind to m�int�in mort�ye insuru�ce in eftect,or to provlde�lou raerve,untll tha rcyuircment tor mort��e ipwr�aoe�+ads in�ocord�noe with�ny wdccen a�reema�t bawan Borrower smd Lader or applic�ble I�w. 9. Ia�ctlon.L�ender or it�qrnt nu�y m�ke ro+uotuble mtda upon �nd in�pectloru of�he Properry. I.ender�h�ll give Borrower potioe�t the tirae of or prlor to m impectian�pecifyia�re�wcuble c�uu Ior the icupection. 10. Condcwia�tba,The pttixoed�of my �ward or clalm for dunqe=,dirat or con�equentid, in oonnoctlon with any condeauwtlon or otlKt t�klas of aay put of�he Property,or for oonveyrrkx in lieu of condemnation, are hereby aiii�nal prKl �b�li be paid to Lender. la the event of�toul takin�of the Property,the proceed�thall be�ppliad to the �u�tu recurod by thi�Secudty Insuument, vvbetber or not then due,with�ny exca�piJd to Borrower. In tho event vf�p�nlRl alcin� of the Properry in which the fdr paufcet vduo ot tbe Property imnwdiuety betore the t�lcing ia equd ta or greuer�han the unount of the wma sxured by thi� Secudty Icutnunent lm»xdivaly beforo Ide t�lcin�,unlas Borrower Rnd Lender otherwbe a�ree W wdtin�,the suav ucured by thti Secudry tn�trument�htll be rodt�ced by tbe amount of the proceedi multtpllod by the followia� fn�ioa: (a) the toW amouat ot the rums�ecured immediuely betore the ulcin�, divided by(b) the fdr m�rka v�lue of tbe t+ropecty immedintaly befora the tdcia�. Any b�lu�a�tull be p�td to Borrowa. In the event of a paniv ukin� of the Pcuperty in wbich tbe falr muka value of the Froperty imnredlttely beforo the Wcinj is!aa tlua tlx�utu af the su��ecured imiuedittely befon the t�Cin�,unlqs Borrawer ud La�der athawise a�roe in writin�ar wilar tpplic�ble law otherwiu provida, the prooada rhall be�ppliod W the a�ta�secured by thl�Secudty Iwtnun�at whether or not the auu me thea due. It the Preperty�ab�odoned by Bormwer.or if,�lter notioe by l.eader to Harower that tlte candenu�ur otfers to rtuke aa aw�cd or �ettle� cldm for dua�a, Borrower f�lb to rapond to T.a�der withu 3Q days aRer the due the notia ie givea, l,eader i�suthorined to eollea md�pply the procaeds,�t iu option,eit6et to ratontion or repair of tt�e Propc�ty a�to the auta� sowrod by tAis Secudry In�truA.rcat.whaber or not tben due. UnJeu L.eoder md Borcorva otl�vLe �{ree in writia�, auY �ppikatloa of proc�eeds w priucipal �IWI not extead a pottpaie tho due date af tbe moathly p�tya�enu reterred ca!n p�rag►�epb�1 md 2 or chao�e t6e amouot of ach paymKaq. ' 11. Do�+nwv I�Iat itr�wd;Forb�a�ce er i.ewiler Nat a Wahv. F�ctanbn of tbe tim�fa payment or modifiatioa ot amottir�tion of tha sua��avred by thit Secudry Inrtnunait 6nuued by I.ader a any a�ooaar in Entere�t of Bo�mMer�11 not opa�te w releau t6e Uability of t6e ori�io�l Aorcower ar Borro�wer'�suooeisai in Intenu. I.eader�IWI not be raryirad ro oomme�oe prooeeAinp yainst my a�ooaar in iaterdt ar refWie to extead time for paymeat or At6ecrrbe modtfy�moMrnfon of t6e amr �eamd by Wb Sa�riry In�uun�eat by re�on of ary danaod mbe by tbe ori�nut BorroNe+c a BortoMer'� wooa�on in iaa�at. My foebear�noe by Leoda in euerc�ia�anY ri�6t or reaaedy�hall not be�waiver of or preclude tbe exeid�e of�ay riaht or remaly. 12. 9roeerois aed Asd�o� liou�d: JoW ud 3e.erd I.VWtkyc Co�ipers.'I]�e ooven�na wd �reea�w of thi� Skwrby In�vmeat thall bind�nd beaetit the a�ooe�wn aod iwi�of Geader md BomowFr, wbject w tLe prnvidam of p�ca�r�pit 17. Bocno�va's ooMn�Ms �od a�reeeimq dull be jolnt md seva�l,Aay Borruwer who oo-�i� t6is Secariry Intrnmeat but does ao�:eRecuOe tbd Note: (�) it oo-ti6ain�t61� Sacudry InMnaioamt ody w mortY�e.�t,aod ooevq tlut . '� . Bono�rer'a intaeat i�tb��Eropetty under tbe taau ot t6i�Secvrity lnummeat� 7�)is not per�on�Uy obli�n�ed to pay the am� ;. seaired by�hL Seavil�;'laKnnnear,�nd(c)a�cea tlut L.eadet iatl�uY other HocYOwer may�ree w extmdi;;modiiy�nube�r a mdoe�ny�000mmodrian writh re�cd to t6e tam�of thi�5ecudty Imtmmeat or the IVote w�itLat tlut Bo�rorrer'�000rent. 13.I,or CWYe�r.if tbe lan�ecured by thh Secudty imtivakot i�subje�ct w a law w�hk��ett mudenum lan cbrr�es. �;� `: aad dWt la�v i�tfnaly`ia�eipraed a th�t t5e intaa�t or ot6a Iwe c�r�a ooUayed a to be ootlected 'm coemectlon�h tbe � ,::�. lan exoeed t6e pernijt��imiu.then: (a)aay ach 1aa charje dWl be reduced br the�asouot neoe�ry��fo�teduc+e t6e cl�rpe �w We pa}�ted limu�'aod N)u►Y nim�ali'eMY oollacoed irom BorroMer w►6icf�a�ceede,+d pecmitted limld�'wiU be reNoded�o Bo�ro�c;��,t.eadar m�Y chooie to m�ke this eefuod by roducia�tbe priucipd owed unde� the Note or by m�n�� ditoct pbrmepiti.:�o�'Botrower. Il a refund �eduoa priocipal, tde r�diltYlon �vill be tn�ted at�';a,�ttial pre�ymaot wil�aat �ay pi'ep+ryd�a�t c�r�e W�°r die Note. • . . 'l:... . , �: 14.Not�eer.My�t��tioe w Horr�wer pmvlded for ia thL 5ecudty Imtzument�hall be aivea by deliY.�r�;it or b�'mNlio� '`��. ' ;t ey e�sc cl�a mati ualeu app�k�bk�a�v requira u,e orwotha me�aa.The noax a�atl;be,direaea w il�d�Pnipe�ty.�I►ddeiea a a�otba addr� Hatow�er daitwta by naia to I.�d�r. Aay notioe w Let�da� th�l�:_be �ivea by Mt cl�r,ii;;irp�il w i,ead�e�'i add�eu �ta�ed Msein or any otha ddra�_Laxier dai�qa�oes by ootbe b Bono�i.'�aotice p�wided fdr:�p:lbi�t Seauity Ia�tnimeat�6all be deemod to have beea�ivm W Bocrd�or l.eadet�vbm�ivan�pinvided ln tbL par�t�.�`�'' 1S. Corenl� I.�w; 3e�enbUkr. This 5orl�i�tY insttRmect dWl be �orerued by fada��l la�v '�hd d�e law otthe juriydiaion ln�v6icb tLe Property u laated.In tbe eveac that�a►Y Fc'evi�ion or cl�use of this Searciqr Init�ummt or t6e Note oaatliar evith �pplic�ble hw.ach aadAia�11 not aftax otha pmvisioos of tWs Security Inutumau or the Note rvlaich cm be �ivea effat writhaut the wntliaia,��roviaion. To this end tbe pravisioas of tLita Security Ias�tratneat�od the Note aib declarod to be eevenble. li.Dorrower'�Copr.Boc�+owa�iull be givep one saaformed oopy of the Nota md of thi�Savrity,Instnuna�t. , F«n��ot�� ��IR(NE11s��.o� ►��a� • iww