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<br /> -��.�r��:�,r payments�say no longer be ree�uired.at tLe optioa of LQader.if mortgage insuranoe coverage(in the amount aad fnr t�petiod { � �F r� �;
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<br /> �' that Leader tequires?Pravided by aa iasurer apprnved h)Lxader again besomes ava�7able and is abtained. Bocrowec shatt pay . s
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<br /> .�} ";:,� maintain mp e;,,��,a++oe in effe�.or to rovide a loss ceserve.U11U1 t�16 lCQUifBIDCIII fOT D1D[[$8$C .�c. k iE �,:'
<br /> ��� ;,. the ptemiums required to rtSaB p •` .Y
<br /> � insnraace e�ds in aeooidance wuh aay writtea agr�emeat betwcea Borrower and Leader or applicable law. ...., ,, . ,
<br /> �, ; _.1_ a h octians of the Pro Lender sLa�l give :.,° :c,�'.V:a':
<br /> 9.I n s p a d t on.l�nder or its ageat may make reasoaable enuies upon and iasp p�Y• �� � .
<br /> �' `,. � "". Boirower notice at the time of or grior w an iaspecxion spectfylag ressonabte cause far the inspeaion. £: r� r.:
<br /> ' °"��° �10.GondemnN�.The pmoeeds of any awazd or etatm for damage.s.d'nea or wasequenual, ia connec�on wit6 any 4 � °" y��` .
<br /> i; `� .•��° :1? ooyutemaati takiag of any part of the Pcoperty.or for�oaveyanoe in lieu of condemaatioa,ate•he�elsY as�igned and �° .` .. `..��:<-,
<br /> , � on or mher �.
<br /> _ •; s6a11 be paid m�ec. ' 4 �`
<br /> .g { �� ;� In[he eveat ot a cotal tatring of the Pmpercy.d�e pmcads s6a1t 6c�splied co she�sectered by ttis Sewriry[nsaunaem. _ ��
<br /> ��° '��. ���-<. waether or not then due.witb any e�uess paid co Borrower.In the eveac of a partiai talcing of the Prope�cy ia whic6�e tair ` � `� t..��..
<br /> _ -(-t _, bcfore the tatdng is equal w or greatec Wan tLe amaunt of the snms secvred by this ,:�:_;^..; ,�:
<br /> - � 4 _�`""� matket value of tbe P[opetcy�the taking uales4 Botmwer aud Leader odiecwise ag�+ee ia wriiioong.tde sums secured by u:
<br /> °"- - <:"<�- S�usnty Insaumenc immediazelY � - -_-"- ..���
<br /> - �'-'�` this Se�rlry Insu+mn�nt shall be red�ced bY the amotmt of the pmoeeds mnitiFUe�bY the following fracdon: ta)t�e mtal �,� ., �.��
<br /> � r , .
<br /> �` amount of the sums��Y befo�the taging,divided by N)the fair marlret value of the Fropaty imme�atelY t. �
<br /> 4- . i• „���. f.,•.-.
<br /> ; q hefove t2te takinS-AaY tatdng of the FmpeRy in whicb the tair
<br /> Qat�nce st�all he paid to Bormwer. in tRe event of a�actial •'y,, _A
<br /> ' � ,t betore the taIun�is iess than dte amnnut of the sua�s seatzed im�iasetY befo:e tht =y�`
<br /> x _ < m a r k e c vaIue of the Pro p e r c y immediatelY ���g or unt�applicable law o t h e�w i s e p r�v i d e s,t h e prcoeeds s h a l i ,:`� .
<br /> - -. taking,uniess Boaower aA+�Leader otAenvise ag�ee� `°�_ ,�~"�,{
<br /> f � ` r f " be applied to dIe SUm.a Secv�b3►this Se�rit�►�°�t whethe[OT ROt dtt Sum4 3ie th�duB.
<br /> , , ; ` ,{�° tf We Propeny is abaadoued Ay Borcawer,or ii.after norice by Lendes co Boaower that the aondemaor offets w make an �':
<br /> - � � w Leader wlthin 3� d a y s after the date t6e aotine is given. . :: —
<br /> ; `.:` b, awacd or satie a ciaim Wr daueages.Borrawer faiis w respoa�! ; ' � —
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<br /> .`�- `' -,F ixader is�co coltea aad apgly the pmoeeds,at its option,either[o cestoration or repair of�he Prope�ty or to the smas _
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<br /> 'r`•: g�Ui��}/tj11S SCCQ[lij►�I11Q[CN�WQ�Ci OI IIOL thBD dllC. •- _
<br /> ---�_�'_ UIIIeSS Ire�dCE SIId 8o1IOWe[al?iC[WiSC 3$ZCC i11�$� � �11��Of ps+OCReds io pIII1Clj181 BStSIj ROi i7�iCAd ur �r.:Y -
<br /> ` ' " postp�ne the due daze of the manthlY Paym�e�s refe�eQ to ia p�hs 1 and 2 or change the amuuat of s�xch payuaents- � •; -
<br /> y 11.BonoW�l�iat Ret�e�For6earance BS►L�dei Not a Watr�.�*r�.,�oa of the ti�e far payment or�n -
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<br /> �t; ` f���, of a�ortizauoa oithe sums seswced by this S�itY Iasuument granted bi►I�ee�t°auY saooessor in interest oF Bonoaeer shall �', _
<br /> �.'; unc opeiate w:elea�e the 1iab�h'ty►of the ori8ina18oirawer o�8ui¢ower's smocc�ois in incaest.Iro�ter sball aot be cequized to _
<br /> W�'''' oommea�e p�aSa��Y�I ia�ecrst or sefuse to eat�d time fos paymeat os otIlec�ise madify� '.
<br /> _:;..:�+r ' ' of ttce s�s sectuea by this SecaritY �nsa�t 1�Y �soa of aay demamd made by tLe ofigiaal Bormw�or Bonower's :. �`s'_'
<br /> ��'`• shaIi aut be a araiv�r of ar p�rdade the ' _
<br /> � suaes.sors.ia inte[�st. Ai►Y foibearaace bp lender ia exe�ising aaY riP,dt os��Y -
<br /> .'ti,,. �t euercise of azry right or remedy- ' of tA�s ��"':.�� ~_—
<br /> - � 12. Suaoe�sors����duias sad Seveal ldabitltY+ Co��s*'l�e oovenants aud agiceements ,; _
<br /> _ , ::! r .i ptavisians of �`'`f:'"•' __
<br /> '" ,� ,� Sepui ry Insanmeai shaU bin� aad beaefit the suoa�ssois and assig�ns a!i.eader aad Bormcver.sab'ect to ttce ans .`�: °.
<br /> ns :". �:�-
<br /> °°`'� who co-� tDis Seauiry �
<br /> - ._;_ . � shaU be oint aad sevetal. Boaawer g�s , ..
<br /> . . . „ patagraph 17. Bor�ower's covenants and agree�s 3 � � -
<br /> i ��riry(nst�umcut aniy to�ortgage,gtant mud canve9! `` �:�
<br /> - �x.r. fnsatument but daes not exe�tte the Note: (a)is co-signiag ',., .;.:
<br /> _.. .; ';=_ Borrocves's iutetrsc in the P�ogeny�mder tae cerms of this 5eeuriry tnsaam�at;(b)is aot pe�samatt�r ubligat�to yay the su� _ .,._ ,:. --
<br /> ; � • t ms
<br /> : o:�'..-`..;-.` ` sec�ed D7i��tY��a�(c3�cLat lender aad any ather Bormwe�may agree to eaRead.madifjl.foih�r ar � _�
<br /> ' � ��" m a l o e anY aaommadatioas¢+ith r e g�r d w the terms oi this SeauitY insaumeat or the Atotc withnut that Bairoc�er's oons�t. :::;:-4,=
<br /> . ."� , ': 13.l.uaa C6arb�.If the toan secutea DP't�is Securiil+ia�a�+�nt is snbieci to a taw which sets ma�imoa�m toau c�r8�s► .
<br /> � ...„ ': �
<br /> � aad tbat!aw is 8ffilig inceipceced so that t�e iateresc ar ather Ioaa c�ar�es coTtesxed er to be coliecte�ia c�aaectioa with tEe . y.. �'`.
<br /> � to redt�e the charge "_"
<br /> toan exoeed the pe�mitted Eimits,thea:(a)anY svch 2Qan charge shall te ceduced bY the amnuat necessazY ; �';�:
<br /> , all
<br /> F. 4.�' - � co t�e permitted timit;aad(D)anS►s�s a�adF a��e�!fmaa 8ormwer avtrich accceded ger�tted limiss�riU 6e refaadod w ;,� _=--
<br /> at
<br /> �;:�.:a Evrtovireer. Leader ma�c8uas�e w make ttis refund by red�cia8�he V�Pa!aw�d imdes cite DFote oz Dy matdug a d��ct .:. . ^--
<br /> ',- � '�`: � Fartial PieBaYment arit�°ut aa�r ...':,
<br /> - -.- - p a y�e n t to $vmaairer. t€ a refiiud ced�ces yriucipal. the r�ai�w�l 8e ueated as a �II _ . �'�
<br /> , • ; ��
<br /> '�` pcepaymeat ch�ge emder the Note. deti u ar Ly maitin8 „
<br /> � 10.Nat�.An��norice to Sorrower provideQ for ia ttis SeiwcltY tnsuumeai shaU be given Lyr �res�a� .�
<br />�r::� � . .�..
<br /> - -. • • � it bjt$f4.t C134S N3�1 eIDIESS BQQj����Q��Et46 OY BIIOt�t2i IQeI�.'�@ II0�Sb2n�dileC�d� �St C�S.S IIf31�t0 . '`;i,�;
<br /> .. �. '.: i m 3 L46
<br /> _ .. .:,�: u�: �1.,..� ' or�y ather addre�s Hosrower d�signa�es DY aadce to Leader. Anyr noace to LEader shaIt De gi bY +.
<br /> na faa ia t$is .
<br /> , .,.�.
<br /> * : , ' � ;, �� _ l.eader's address starQd Leseiu os ady ot�er add�s.s LeIIder desigaates hy naace w Hoaowes. d1c� la thi�paiag�ap9. .,�;;.: �:.:'=s: .
<br /> ; � . �ty�in� �*n nt sAtall be deemed to h3ve beeu giveo tQ Boen7wet ot 1.e�sIe[wIl�giv�t a3 pzovided� ..
<br /> ea
<br /> ±• � �rit�r in.quument snalt De governed nY federal iaw aad tIIe Eaw a;tae •�,;:, �..� :�:
<br /> . . 15.Gove�ai� law; Sev'eruD�lltY• e 1
<br /> v�ss�n oF clause oS t�is Sec�uit�r �sutm¢ene os t�e Mute .:,,� .,.. �''-`•.
<br /> • . � jurisdiccion in wsich the Property is Iocated.In t�e eveae that aay gta ' � � . .
<br /> . ooaIIiccs wita ap�Picable taw.sac�aanIIiee sha11 not affeat nther pcavisim�s of tHis Securiey iasunment or tde Note w�icD ca�t 6e
<br /> - . sa - ,:
<br /> --:__ _ . �veu eFfect a�ithout the contIictiag provisioa. Ta etis end tEe pmtiisions oY this�[nsuument aad t�e Note aze d�l� �. �
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<br /> ° ' � to Oe severable. �. .,
<br />�' � .,. . 16.BatsoRer's Cosy.Boscowet s9a3I be givea oae confocmed cogy of the Noce aad of ttis Securitjr Instrument. � ' '
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