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<br /> � ` �°�+` DaY��Y uo longer be�quued.at the uption of l.eader.if inortgage ias�uaace covcrage C�n the smoa�nt and for the periad ! ;�.� �.'�
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<br />• • •�• ° that Leadea requites}pruvided hy aa ins�u�er a�tpmved by L�ender again baa�fces availabte�d is obtained.Borco�ver shsll pay ��-;= �"��:,t:-.-;..
<br /> `� - `�'-
<br /> end � �4:"
<br /> �, . , .«r�• the pieminms required w mainiain mortgage insa�x ia effect,or w pmvide a Ioss msenre,�61 the requiremeot far mongage ;;,`�4 r::;.
<br /> .` � � -°:�- in�aace ends in asoord�ce wtth aay arittea agreernent baa+een Bomawer aad Lender or applicabte taw. k '.;r � E. ,
<br /> h�}' „ . `�< 9.Ynspedion.Leader or bs agent may make reasonable eaaies apoa and inspoctions of the Fmpeny.Leader shall give �ti•. -,4,<.-,Y
<br /> � ;_.�.�f `3= Bottowes aatice ai the t�ae of or prior w aa inspearon specifyiag teffionable cause for the iaspecaon. `�:=a f ,�: :+.
<br /> _ ��•� 1Q.Condem�Ion.1be proceeds of aay awazd or daim for damages,dirax or oonsequenaal,in aonnection with any Fl :�4 °
<br /> � ��ti `��, oondemnasIoa or other talcing of aay gart of the P�openY.or for comreyance ia lieu of oondemnatioa,are hereby assigned antl `
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<br /> �tn she cveat of a totaZ taking of tht PiopenY.the pmcerds sball he applied w the suaas secu�ed by this Seattiry Inst�umeat. k
<br /> `` ,r--�"'`�-.� whethet or aot thea due,witL any excess paid to Bormc�rer. Ia she event of a partial ta�ting of the Property in whic�4he fair < i. `,
<br /> � marl�vaine of the Pr+aperty immediatety beforc the takiag is equal to or gc+eater than the amouat of the sums sec�ued by ttns ,4 , � � °.
<br /> -� ��•�, �f ly before the talon .nntess Baimwer aad Leadec othe�wise agree in writmg,the su�secnmd by ., :.<;,�.,�.�.��, ,
<br /> � �. Seivrity tnsu�meat ttam�aoe g wis
<br /> ._, '`� this�auity Instrament shaU�e reduced Dy the amonnt of the prooeeQs �1tiPl�ed bY tbe follo�ing fracxion: (a)the total "�``�,� � ` �'�
<br /> 4` '��` F� ' :��, smouat of ttie sums secured imm�iatelY before the taking, divided by tb3 the fanr macket value of the Pcaperty immed�atety z :,h '�
<br /> te
<br /> - Y. �.-�. 6efore the taTvug. Aay 8alaace sball be paid w Borrow�. b the event of a p�rrial�akinS of the Propertp ia wbirb the fair t e :�b
<br /> <. . ,.::-. m�vaIne of ttie Pmpetty�Y 6ePore fhe taking is less than the amouas of the sums secuned imme�ately before the 1 ;
<br /> �•. '-:z: takiag,aaless 8ormwer aad I.ender otb�v�se agree in writing or ualess applicable law otbeta+ise provides.the pruceeds sliall �•��= . .:`=°�:
<br /> �`. ,' V 2 xlrl:;
<br /> � ;,'�: be applie�w tl�e sums s�bY this Se�iry Ins�wheth$r or not the soa�acs�mea due. , rF
<br />'_ �:. :,x`: �.��:_: If the Pmpeatyr is abaadoned by Bormwei.or if,after nodce by Leac1er w Soaower that tLe condemaor offecs w make an ° ,� ,�
<br /> r��. award or seute a claim for damages.Bomawer f�s w respoad to La�der within 30 days aRer the date the nouce is given, ` �,,�, -_
<br />,,,,f.. ,::. .,��:�.:�. Lender is m�osized w colDect ancl apply the psaceeds,at its aption.either W r�storatton or repair of the Praperty or w the sums 7 --- �y --
<br /> � '` '"�. s�cuted bY this 3eauity Insttwneni,�uhether or not then due. ' �� �=
<br /> ;� '^,.: Untess Leadec aad 8o:mwer.otberwise agree in wrivag, ffiry $PPUca�oa of pmceeds w pr�aapal shail not extend or i. �
<br /> referred to in 1 and 2 or change the amonnt af s�uh payraents. �"�
<br /> � -�:�. postpaae the due datc of the monthlY DaY�ffi D�P� ;�r. �,�_'
<br /> E � . ll.Bonower Noi Ret�sed:Forbeasance By I.ead�No!a Waiver.Extension of the time foz payment or modificatfan • , _
<br /> , ' ' of aznort�on qf the sums seaued 6y this Security Instmment granted by I.eader w aay sncce�r ia intecest of Bosrower sl�aail � '` '•� ` --
<br /> - � �n� not aperate to ietease the liabiliry of the ariginal Botrower or Botrower's successo:s ia iate�es�Ixndec s6all nat be cequimd to '�r;,r'`,--
<br /> �= ^- `'�° oou�ence praoeedinSs agamsE m�Y�°r in inresest or refasc to euead time for payment or otherw�se modify amorti�daa ---
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<br /> :;�,; of the sums secared by this SecarIty Iflstranaent by reason of a�r dem�d made by the origfaal Borrower or Bormwer's � ` 1` : ,�"�':=—
<br /> ''�` � �,'�;�, suocessors ia interest.My forbea�ae by Leuder in exercising anY rIght or�y shaU not be a waiverof or ptecIude the ;. .
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<br /> ,< r '}� exercise of aay rlght or�em�y. `
<br /> ' ���` 12. Su�essors and Asdg�s Hoimd;ao�nt and seve�al ldabitit9t �•The covenaats ana agrcemeats of this
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<br /> ,. .� � '. :.��;':: Sc�u:ity Insaument sLaU bind aad be,aeSt the saccessors and assigns of L�der and Barrower, subject w the pmvislong of • - .
<br /> ' paragapb 17. Borrowei's covenants and agreemeuts ahall be joiat and several. Any Bprrower who co-stgns thia Se�utity ;.:`t��".
<br /> `': Iasuvmeat but does noi e�ute the Note: (a)is,co-s�8ning this Securi�' Inswme°t°n1Y to mortgage, gant and coavey that 4 , : t
<br /> ,.f` . r.�. � Sorrower's intere.at in the P�vpeny wader the terms of tbis SecorIry Insuument:(b)is not persoaalty obligated w pay the sums ' _�.
<br /> '-�; secu:+ed by this Serurity Inst�ment;and(e)aSrees that lender aad auy other Bosmwer may agee w extsnd.modify,forbear or "_': � -'
<br /> '{ ' .�•�? make aay accommodations with regard to We tetms of thia Securlty Insaameat or the Note without that Borrower's oonsen� _ �,F
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<br /> � . , • . � 13.Loan Charges.If the loan sec�ued by this Secarity Instmment is subject to a laar wLich seta maxim�an toan charges. :.,� ......,: . ,;.�•
<br /> _ -- t. : . aad that law is fIaaliy intecpr�ed so that the interest or other Ioan cLarges collecxed or to be collected ia oonne�tion witb the � • . � "
<br /> '. ��� : �� �.•,'.,....:;:.'.f/:
<br /> ; toan exceeQ the peim�tted timits;then:(a)an7+sueh loan d�arge shaU be r�uoed by the amouut necesaary to redace the c�harge ;
<br /> , ''� to the pem�iued 1Imit:and(b)�7+s�v akeadY collected fmm Borrower wtIch exc�ded ptermiued limits will be refiutde8 to ..
<br /> , .•„`�`;Y: Ho�rower. Leadet may choose w make tlils ref�d by reduciag the priaclpal owed under the Note or hy making a direce ::, ' : :. `
<br /> � �-__�:.
<br /> � , -:!�" �paymeut m Borrowei. lf a refunA rednces p�incipai, the reduaion wjU be ueated as a partial prepaytaent without mry • ,;.�
<br /> a S giepaytneat cbarg,e uades tfle Note. -
<br /> ,�.. �:�,�.� 14.Nottc.�.Any n4��to Bo�tower provlded for in this Socurity tnstmment shall be'8tven hY deHveimg it or by maili�tg. : '
<br /> '�r;'',.*.,- ; it by flrst ciass mail�nless applicabte law reguires use oY anoWer metAod. T6e noace s b a U 6e d l r e c t e d to t he P r o p e rt Y Address ��..�h.. � •.�:
<br /> or aay other addr�ss Barrower designates by noace to Lender.A�sy not3co to Lender sball be given by t7zst class mail to ,:�.`:' : _
<br /> -- :.`.`;,: ;.: ,'���- Lender's address stated heiein or any other address L�der desigaates hy nodce to Boaower.A�r notice provided fot in ttds .�,��:.. ..:;;;-.��,
<br /> �; .: ;,,, Sepuiry In�mament sLalt be deemed to have been given to Bomawer or l�uder whea given as pmv�ded i�this paragraph. .,:,-a.-.::
<br /> ";�•� � �; 15.Goveming I.aw: Severab�fIty. 7'his Sewriry lastniment sLaU be govemed by federal law and the law of the
<br /> , ••._'�< '
<br /> . jurisdiction in whicfi tbe Pmperty is tocated ln the event that any provisioa or claose of this Securiry Insuument or the Note
<br /> . .. _
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<br />-'. -:....; ,,., '.,�� eonflicts with applicable taw,such conflict shall not affect other pravisions of this Secvrity Taswmeat or the Note w1�eh can be , , �.
<br /> .. . , = givea effect withont the conflic�ing pmvision.To this end the pmvisioaa of this Security lnsmnnent and the Note are declared .'.
<br />�.� ' . �'•'� tobe severabte. . _ :.
<br /> � • . ' 15.Borrower's Copy.Borrower shall be given one conformed cupy of the Note and of this Security lnstnument. � . •�:�
<br />=:}, . : . Foan 3028 919Q � ' .
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