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� . � T � _ _ .�. ....�. '_"" <br /> .. . • ,. �_��" u�,,,.d .. � ...�.�....�..a ' __—' <br /> . ,� .'_. _.. .'.'a.9rL�x r... <br /> _- - _ " ' ' v _r'.i�t ^?f..'� <br /> payments►nay no longer bG requfrcd,�t the optlon of l.etrdcr,If moctQ�ge Insur�utc�c�verage(in the Amount and far the perlod <br /> th�t Lender requira)provlded by�n inaurer�ppmved by Y..encier�gRln txcames avxilable and is obtainod. Bonower shall pay <br /> the prcmiuma required to nuintain mong�e insur�nce in effat, or to provide a lo»reserve, until thc requirement for mortgage� <br /> in�urance end�In accordu�ce with any wdtten agrament betwe�n Borro�ver and L.ender or applicable law. ' <br /> 9. In�psctbn,l.endcr ar ita�genl rrs�y makc�eawneble entries upon and inspections of the Praperty. L.ender+bdi give� <br /> [inrrawer notice�t the tfine of or prior to nn inspectlon apocifyln�raaonable c�use for the inspectian, <br /> 10. CondannNlon. The proceeds of any �wud or cl�lm for d�m�ges, direct or coneequential, in conncction wtth an� <br /> condemnation or o�her t�lcin�of any part of the Proptrty, or for conveyuice in licu of condemnation, arG hereby assignui an <br /> sh�ll be p�ld to Lender. <br /> In the cvcnt of a tntal takln�of the Property, the procecds shall be applir.d ro thc sums secured by this Sccurity lnstniment • <br /> whether or not then due, with any exceu p�ld to Borrow�r.In the event of a panial.taking of thc Property in which the fur <br /> muket v�lue ot the Fmperty immedi:tely before the taking Is equ�l ta or greuer thAn the unount of the sums sceurcd by this <br /> Security Initrument Immediuely fxfore the t�lcing,unleaa Borrower rr�d Lender otherwise Agra in writing, the sume securod by <br /> thi� Securlry In�trument shall be reduced by che amount af the procceds multipfled by the following fraction: (a) the total <br /> unount of the suma secured immediately Ixfore the taking, divided by (b)the falr market va�ue of the Property immediately <br /> befbre the tsking. Any balenc� shall be paid to Borrower. In the event oF a partial taking of the Property in which the f�ir <br /> mvk�t v�lue of the Pruperty immedi�tely before the talcing ie lesa th�n the�riwunt of the sums secured immodiuely before the <br /> t�king, unless Borrower�nd Lender otherwise�gra in writing or unlesa�pplicable law otherwise provides, the proceeds shall <br /> be�pplied to the sums secured by ahis Securiry instrument whether or not the sums are than duc. <br /> If the Property ia abu�donod by Borrower,or if. after notice by I.ender to Aotrower that the coademnor offets to make an <br /> awud or aettle� claim for dunages, Borrower faila to[espond to Lender within 30 days after the date the notice is given, <br /> Lender is xuthorized to collxt uid apply the proceeds, u its option,either io nstoration or r�psdr of tbo Property or to the sums <br /> secur«S by this Security In.stn►ment,whether or not Ihen due. <br /> Unlas l.ender nnd Borrawer otherwise agree in writing. �ny xpplicution of proaeds to principal shall not extend or <br /> po:tpone the dtK due of the monthly payments rcferred to in p�ragraphs 1 u�d 2 or change the amount of such paymenta. <br /> 11. Borrower Not Rdwed;Forbearance By I.eader Not�Watva. Eatension of the time for payment or r►wdiGcation <br /> of urartization of the aums xcured by this Sxurity Inatrumeat gruUed by Lender to any successor in interest of Bocrower sh�ll <br /> aot openue to rclwe the liability of the oripjn�l Bormwer or Borrower's acceawrs in interest. L.ender ah�ll not be nquirod to <br /> commence praceedings against any successor in interest or nfuse to extend time for pxyment or otherwis�modify�unoniution <br /> of. �he au� axu�+ed by this Securiry [natn►cnent by re�son of uiy demu►d made by the origin�l Borrower or Borrower'a <br /> successon ia interes�. Any forbearu�ce by Lender in eaerciaing any right or remedy shall not be a waiver af or proclude the <br /> eaercise of my right or remedy. <br /> 12. Sncemore �nd Aedsna Bouod; Jdat wd Sevenl Unblllty;Co�lgnera. The covenu�u aad agreements of this <br /> �rir� :n...-•-z:�;.:,nt�ts:!! tsiud :nd b:.r.:.�t �:t sutc:sscr «:,� ..:si� a!L,:rwer sn@ i�arm���e:, sabjxs so s.h�ps�:�3�l0�of <br /> pu�gr�h 17. Borrower's oovenuiu aM agrecuxnu ahill be joint u�d�everal. My Borcower w6o co-si�CU tbis Security <br /> In�aumeat but doa not eaecute the Note: (a)is co-signing thia Security l�at�ument aaly to mortQage, gr�nt �nd convry rhu <br /> Borrower'�inte�est in the Property under the terma of thia Security Iaatrument;(b)is not persocWly obligued to pay the sums <br /> secu�ed by thi�Securiry Inatrument;and(c)agrees that Lrnder and any otlkr Borrower may�groe to extead,modit�, focbear or <br /> m�lce aay�ccommoduions with n;gard to the terms of thts Securlty Inatrument or the Note without thu Borrower�5 COR6tp[. <br /> 13. Lo�e C6v�a. If the loui aecurod by this 5ccurity Inst�ument ia subJxt to a l�w which sets muimum loan charga, <br /> • and that l�w is Rnalty intetpreted so thu the intere�t or other loon charga collected or to be colloctod in connoction with tbo <br /> , lwn exeeed the petmitted limits, then: (a)any such loan charge shall be roduad by thc amount naxssary to redua the charge <br /> to tLe permitted limit; aad(b)any sums�Ire�dy collected from Bocrower whiclt eaceoded pernutted limia will be retimded to <br /> Borrower. L.ender may choose to make this refund by reduclpg the princip�l owed under the Note or by m�king � diroct <br /> paya�ent to Bomower. If a ntund reducu principal, the rec�uction wili be tceatad as A putial prepsymeat without �ny <br /> prepayment ct�nge under the Note. <br /> 1�.Notica. AnX notia to Borrower provided for in this Securiry Imtr�mcnt shall be.givea b;+dellvering it or by mailing <br /> it by Rrst clasi mail unleat applicable law nquires ux of another method,The noticx ahall be diroctod to the Property�ddrea� <br /> or my at6er �ddras Borrower dealgnua by notice to[.ender. Any natice to �.ender sh�ll be given by �irst class mail to <br /> Laider's ad3ras sutod herein ar any other�ddress Lcnder designues by notia to Borrower. My rwtia provided for in this�- <br /> : Savrity Inatrument shall be damed to h�ve been given to Borrower or Lender when given�a pmvided in thi�paragraph. d'" <br /> 13.Go�enir� I.��; Serer�blllty. This Savriry instcumait shall be governed hy fakral l�w �nnd the law of d►e� <br /> juritdictioa in which the Property ia located. In the eveot that any proviilon or clause of this Secudty instiurnent or the Note� <br /> conflicu with�lic�ble law,such conflict sh�ll not affect other provisiom of this Savrity instrument or the Note which can be�, <br /> givw etCect widwut the conflicting provision.To this tnd the provisiona of thia Securiry Instrumrnt�nd the Note et+t dxlarod ' <br /> to be aevenble, <br /> 16.D�rro+►er's Copy.Borrower shall be given one confornxd copy of t�e Not�and of thia Socurity Inatcument. • <br /> ; w�ao7t sroo <br /> . �MINE)u:iz�.os r,o.4 a� �nn�u.: <br />