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. , . <br /> �� <br /> -,� ,..,...�,�ti,., �,,_� . •� _ _ - --- . _ <br /> - - <br /> ai:,:sY.s�-.t�•.,,�sy:.�...�.�_....� - _ _ . _ <br /> P+�Y�n�M+y no lan�er be roquired. u the option of Lender, if mort�agc insur�nca cover��a((n th 98 nt u dJor� <br /> tlut La�der requira)provided by�n inrurcr xpprnved by I,endor a��ln becomea av�llable and li obt�lnexl. Rorrower �hW p�y <br /> the prcmluttu requfred to malntun mort�a�e iniurance in effect,or to provlde�lou reserve,unUl tha requfroment tor mortj�e <br /> in�ur�r�ce endi in�ccarduke with�ny wiitten yroement between Borrower�nd 1„ender ar�pplic�ble I�w. <br /> 9. Impectlon. L,ender or ita�ent may m�lce re�wnable entria upon and inspecUans of the Propeny. 4nckr sh�il �Iva <br /> Botrower rwlbe u che time ot or pdor to�n In�pection speclfying rc�on�ble aute for the Inepectlon, <br /> _ 10. Coadana�tion, The proce+�ds of any ewnM or clalm for daino�es, dlrect or concequentld, in connection wlth �ny <br /> coademnulon or other takin�of any pue of the Property,or for conveyu�ce in lieu of condemn�tion, are hereby usi�n4d�nd <br /> ahyi be pdd to Lender. <br /> Ia the evtnt of a toal taking of the Property, the proceeda ah�ll be�pplied to the sums a�xured by thia Security[natrument, <br /> whether or rat then due, w�c�,�y�x�e��t�,� p��„,�;. ,r;t;;;�;�����i.p„riial t�icing of the Property tn which thc fair <br /> muket v�lue of tha Properry immodiately befon the t�lcing is equal to or greAter th�n the�mount of the iunu securod by this <br /> 5etudry Iottntment immediately befon the talcing, unleas Borrower au4c!i,ender otherwisc agree!n wdting,the iurru ucured by <br /> thi+ Secudty Instrurnent ahall be caiucod by tbe aurwat of the proc,oed� multipliod by the fnllowing fraction: (�) t6e tot�! <br /> �mount of the sum� serucM immediately befo�e the Wc�ng, dividod by (b)the fair muket vulue of the Property immediately <br /> befon the Wc1ng. My baluxx shal! be p�id to Borcawer. In the event of a puti�l tui:ing of the Property in whlch the fdr <br /> m�rket value of the i�ropeny immedlately befon the talcing is Iws than the utwunr of the aums secured imitxdiately before the <br /> takin�,unlai Borrower a��d E.endet ptderwiaa Agree in writiag or unle:s�pplicable law otherw3se providea, the proceedt s1Wt <br /> ��PP����o���s securod by this Sccuriry[natcument whether or not the sums are then due. <br /> if the Pmperiy i�abendoned by Barrower,or if,�fter noilce by Lender ta Bormwer that the condemnor offers to m�lce�n <br /> awsM or iettle �claira for dunagp, Horrower fails to respond to Lender within 30 dayt after tha due tlu notla is�ivca, <br /> , I.ender ia wthorized to coUect�nd�apply the proceed�,at its optlon,elther to restoration or repair of the Property or to the aum� <br /> socured b,y this Securiry Instrument,wbether or nat then due. <br /> �Ah:ss L,ender md Borrower otherwiae �gree 1n writing, any �pplicuion of pinceeds fo principaI ih�ll not extend or <br /> po�tpane the due due of tlu monthly paymeats referred to in parngr,lp�s 1 and 2 or chu�ge the auwunt of such p�ymeafa, ' <br /> il. Barro�Nnt Rele�ued; Forbpu�a�e By I.sndet Nat a Wdver.Exteusion af thc time for payment or modificatioa <br /> of�mo�tititlon of the sums secured by this 5ecudry lnatrumer�t�r�nted by Lender to�ny aucceawr In iatemt of Borrower sh�ll <br /> not operate to releue,i,`�e liability of the origiaal Bo:rower or Borrowec'a ruccesson}in interest:i,rnder ahall not be reqaired W <br /> oommenoe pinceedin�s a��inat any succqsor in intcnst or nfuse ro extend timc for p�tymcnt or�Whenvise modify Amorcizatioa <br /> of the sunu �ect�ral by t61t Security Inttrumeat by rtawn of anq dem�uM made by the�qrlgLm►l Borrawer o� B4rrawer'� <br /> succd�ors in intemt. Ally forbeararrl hy i rn.l�r ��...Tr'i�i;�g w,, ��:t a;r�mc+iy:Y,iiil iwi oo�waiver a�or•prtclude tbe <br /> e��ec+ciie af u►y right or temedy. � , . <br /> 12. $ua�sor� �ud A� Boued; Jdaf�nd S�enr�l Uabilk74 Co-tlseert. The covaaeuts and a�reements. of•idit <br /> 5ecuricy �nstntmeat s}ull bind �qd yeaefit the succeators aqd assi�tu of Lender and gorrower, �ubject w tLe provIdoas ot <br /> p�r�r�ph '17. Borrower'i oovemnu and �ceemena shall be joint �nd uveral. Any Borrowu w6o oo-�i�u t6L Saudty <br /> in�trumeat but doa nat execute dse Note: (a) i�co-sijninj thit Secudty Luuument oaly w mortp�e. �rmt md oonvry thu <br /> Born��ver't inte[tst ia tlx Pnoperty under tbe ternu nf tbi:Se�cudty Inttrumear, N)i�not per�oa�lly oblisated w PaY the wmt <br /> �uai uy iuir�curicy ia�aumeat; �ou(e)��+ep thx I,eader�nd my other Horrowa may�ree to extaid.modi�Y.forbe�r a ' <br /> m�be aoy�000mmodatla�witb re�ard to the teraa of thfs Sec�uity instiument or the Note wlthau th�t Bortowor'�cao�qot. <br /> l:i.I.o�n Che�e�.I[the lom recured by this Securiry Luccumrnt is rubject to a la�v which�eq mauimum loan c�q, <br /> �nd t�t 1�M it fi�IIY lntapreted w that tLe iataat or other loaa rbatta collected or to be oolleaed in conoe�tiou w►i�h tbe <br /> !an e�coeed t6e permitted limiq,thea: (�)aay�uch lo�a chuQe slWl be ratuoed by We�mouot necesu�ry w reduce'tl�e cAar�e <br /> to fbo pamitted limit:md(b) �nY suras dready culloctad from Bomawer w6ich exooeded penuitted limits will be :etunded to <br /> Bo�tio�er. Leader mty clao�e W m�ke thu refund by roducing 'the principal owed uader the Note or by qukinj a dinocx <br /> p�ymmt to Bato�er. If a reti�od reduoa princip�l� the rod��otion wiU be treated n a,partW prepirymeat wlt6ow aay <br /> P�Y���dre Note. •�, <br /> 14.Notka. Any notbe to Borrorva providod for in tbis Security inshummt shW be�ivsn by ddiverlc;it or by mdlinj <br /> it by!irn eJw mail unlea�ppllc�ble law raryira u�e of anc�l�x method. '1Le notioe sh�ll be diraeted w the Property Addrai <br /> or my atba addra� Borrowa desiyoata by notioe to I.a�det. My notia to Let�drr �11 be �ivm by Rrn c1w m�il W <br /> I.eader'i addreu st�led herein or my otber ddreu Leoder daig�tp by notioe to Honu�rer. ,Any nalo�pcvviAod for�in thl� <br /> Saciuity Inmua�at�hall be deemed w have beai dvm to Borrowa or I.ender when tivea a�provlded in t1ii:puqraph. <br /> 1S.Go�erdu� Lw; Serer�bWty. T6i� Secnrlty Iaitrumeut �all be goveraed by feda�l l�w arid tLe l�nv ot tbe <br /> ���0°�Q��� �Y����d. In tbe eveat that my provuioa or clw�re of this Security insfrummt or the Nae — <br /> oonnicq rvith appliable law,�uch contlict sh�ll not affect other provuions of this Security Instrument or the Note whictt an be <br /> �ivoa ef'ku aithout the oonflicxio�provisbn. Tn this end the prorisioiu of t6ia Security Instrumeat and the Noue an declu+ed <br /> to be severable. <br /> 16,llorrower'�Copr.Borrower sh�ll be givea oae conforroed capy of tbe Note end of this Sxurity Inauument. <br /> �aou �roo <br /> ��i111NE}y»t�.ot �M.a a a � <br /> w <br /> �K� <br />