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<br /> r � 6 � at the tiaa of L�ender.if mortgage insu�ance covesage fm the auaount and for the ge�iod , :
<br /> DBY���Y no longer be�. aP L nde �_ � x{:� `
<br /> �'{ � �hat L e o d e r c e q u i r e s)Pmvi d e d b y a a i n s a:e r a P P m v e d b y L�ader a g a i n beoames avaiiable and is obtaiaed-Bormwer shall pay � ,� f Eit:
<br /> er � for mottgage
<br /> ,:�. �� ;. ='�� the ps�ium4 requi�to maintain murtSaSe insurance in effect.or to de a tass�eseive,wiW the requi��t �, " ?_.
<br /> �:�:_-� ` r:..- :
<br /> .. _ , _ iasuranoe ends in a000zdanse with�Y writtea agree[ueac b�we�Bortower and Latdet or applicabte law. ;,`c �: : -;.�r -
<br /> -- �;' 9.Inspectton.Ixnder or its agent may make�ble enuies a�on and insPearons af the Prope�ty. Lendec shall give _ 'r. .._•4
<br /> � r �, , y Y �� :
<br /> � 'N4 •J goirowa notioe at the time af or prinr w an iaspearan spedfying�sona6le ca�se for the inspeqion- ,F,
<br /> m onaaecdoa with aaq � Q � '-
<br /> �>:".Y 10. Cund�unat�on.The pmoeeds of azry aarard or claim for damages,dic�ct or oonsequential, � ; .
<br /> �^ -�--�-_- -.
<br /> `- coude�n�ation or other taking of any part of tl�e PmpeccY.or for comeYance in ti�of�a,��Y��� ,� = �
<br /> _��_ 4 � c t. %.
<br /> , y"'"'� "`�`"' shall be paid to I.ender. � '`
<br /> `, � f�:`:' In the eveni of a wtal takmg of the Ympetty,the pto�eads shall be applled to the soms s�re�bY this Sea��,� � .' f ._ .
<br /> `. takin of the Pro
<br /> � :_� ,-k�,.. wts�her or nnt then dne,witb auy exc�sg�d t�Som�wer.In We eveat of a pastial g the sums secnred �is - - {�'.`
<br /> - F `� market waiue of the Pmperty immediatelY be�e the tatc�S is e�ua1 w or gceater Wan the amawu of �Y . �-r_'"��.
<br /> -t' �r Ins��an�t immediatetY before the talang,tmless Borcowet and Lende�othe�wise agee iis wrlrinS.the�ms secuted by � w 4 � �
<br /> T-, t�ed by the£oIIawing fra�foa (a)We mtal � ���
<br /> .:; tLis S�curicy iasuunaeat sbaU be red�ued Dy the amaunt of the proc�eds r�1tip� r�,t,���� z y<,
<br />- �=':°: ammmt of the sums secuned i�ued'�arelY before the taking>divIded by(b)the fair market wahte of the PtoPats►�Y � .� �;
<br /> ��• ` `� before the taking.Any balamce shatl be paid to Boimwer. In the event of a partial taldaS of the PraPert9'ia wbich the fair �f ` , .-
<br /> y`�:�: ,� •: r ",_,-:
<br /> ;:�,' market value of the PrapertY i�e�ely Befoie the taking is less r,han the�of the soms seaued�Y���� _ j:
<br /> .-'�< ::° �tess Sorrower aad Leader othecarise agnee in wr�ag or�tess apQlts�bte taw�wise pmv�des.d�e Pmc�s� '�,� ;_ �. _
<br /> , �, .� �g' or not tite sams are then due.
<br /> ..•, be applied to ehe sums se�a�red bJ►d�s SeauitY tastcameat wh�her � `' '��;--
<br /> � - ��: :
<br /> , � ';��, If the Prope�ty►is abaudoaed b3+Bo:mwer,or if,aftec notice by Leuder w Bormwer tbat the aagdeumos affers m make an � _ -
<br /> •� awand or s�tte a claium for damages. Borrawer fa�s w respond to Lmder witbia 30 days after t�e date the nottce is gives+. �. �
<br /> �'`"L��.• LEada is authorjzed w coltect aad appty the PsY►cceds+at its optlon.either w restoratiun or repair of the Prapetty or w the sums ` ` ' F�__`'`
<br /> � -�- =
<br /> ��'�`` secured by tbis Security Insuument,whether or not then due. , ,
<br /> lication of mcee�ls to piindPal shaU nat extead or y `�; " �`
<br /> =,'-� Untess Leadec and 8ortower othera�ise agcec in wrItiag, anY aPP P
<br /> � era is
<br /> �:�`� - 4 ';. ; postpone tLe due date ot the monthly payatents=e f e�r e d W i n p a i a g r a p h s 1 mm d 2 o r c�a m g e t h e a m�t m t o f s a c h p a Y m�• .,. ,. �:
<br /> � .:�`:� 1 1.B o r r o w e s N o t R e 2 e a 4 e d:Forbearance B Y L�d�Not a Waiver.Exteasiou of the time for�ym�t or m�on r, ��-:
<br /> � ` .���_,
<br /> .� ;�,`:-- of�of the sums seaued by this Secorit5►Iast�ument 8ranted by Leader w aaq saeoessor in intemst o f B o m ac¢er s h a i l a - ;�t }_ _
<br /> .._ .':.'�� not opecate to release thg liabiliry of the original Bonower or Borrowec's suocessois in interest.I.end�shall not be reqnired w f, : �a.i+�+Y.�
<br /> .� :'-x=: s�cccssor in iaterest or n�e to extead time for payment or o e h e s a►i se m o d i f y amusti�iun :• . �� .�_�.�.
<br /> �_-: _ � ` .-. ,. coa�x P?rooeeding�against anY ...:
<br /> ` -:s.�: 6 reason of any demand taade by the onginat Boaower os Bouower's � . �:';�u`i�:ti
<br /> :.::"� �:��= ,_. , of the sar� sewre�! by this 3ea�rIty insaum� Y ";tl;`��-.�_�,�_
<br /> . . �. `` sacxessors ia interest.Aay torbea�ance by Lender in eaen�sing anY dght or remedy sh�ll not be a waiver of or preciude the ; ��__ .
<br /> �:<<,.a—
<br /> � • a[ercise of aay rlght or�medY• 1he covenants and agceeme�t� �� `
<br /> � ..� 1Z.Snooe�oxs and Assigos Bo�md:Joint aad Sev�al Liabriity,Cu-s�tws. of t6is � �:: ..��y�.
<br /> . ' '` . ,�� �ty�t sbaU biad and beaefit the snccessots and assigns o8 Leader aad Bormwer. sabject to the prnvLgians uf �;:
<br /> �,t�-�:
<br /> . patageaph 17. Bo:rower's covenauts and agieeiaeats shall be joia� and several. Any Bon+uwer who co-sig�s tAis Seauity , .�.s
<br /> " • �ns�ent bat does not execute the Note:ta?�s�5�8�S�tY�sautt�eat oatS+w mnptgeSe�8r�t aad coavey that c L : ��;::
<br /> " ' B o i mw e r's i a t e l e s c i n t h e P r o p e rt�+under the t�ms of this Securlty lnstiumeat;(b)ls not peisonally obligatod to pay the smms �a _
<br /> S e c A t e d b y f h i s S e C U t I ty Ins�:and(C)8S[ees 1h�t Iefldet A�1d Suy otller BO�iowes maY�to ex[eud.I u o d i Y 7►.f 0 2 b�!o t ; r�1�,�r
<br /> .c , ;
<br /> :�:�••.:. :'. make aay accommodatians with regard to the temas of this SeauIty lastzument or the Note wi t h o u t t h a t B o r r o w e r's c o n s e a� "�,,,�• , ; ',x,.
<br /> Y -, i;: 13.Loaa C6azges.IY the Ioaa secvred by this Security Insuwmeat is snbjoct to a law whtch sets ma�i�m ioau cdarges, �� � _�
<br /> ; r s� mW that Iaa+is fmally�e�reted so that ttte iatereat or other loan cbargea collestcd or w be coltected in cqane�xion with the ,': ,�'�'-
<br /> .. loan eaceed the.pecmittod l�nits,then: (a)any sacb loan chatge stiall be reduced by the amount necessaiY to rodnoe the c�ge '�.i�;�
<br /> , .:,f:r, oollected from Bormwes which exceeded peimiued limits arW be:efuoded w r _ t* ----
<br /> w the permiued tian�and Ny�Y���d3+ al oaed under the Note or by aaa&1n8 a direct : �'�
<br /> `` ' - " Barrower. Lender maY choose to make this m.timd by reducing the priactP r r.-.-. , _�.
<br /> �r �� . ".::,��.''� payment w Borrower. If a tetl�nd reduces P�i n c iP a l. the roducxion arill be ueaied as a pa�tial PiepaYment witIIout any . . ' •_�:�.;.
<br /> � . :'::` P�ePaNment ch�ge uader the Note. it os b mailia8 `� . ,
<br /> ' `;; 14.Notioe9.Any notice w BoTrower pmvided foi in tLis Seauity insau�ment sball be givea by delivezing Y
<br /> . Q � .Y_.:_ ��
<br /> �:�' it by�s�st class mail uutess applicab2e law requir�ss nse of anather method.'[�e notice shall be directed to the Piope�cy Ad�
<br /> uir �
<br /> ., ., or�y other addzess Boirower desigaates by notice to Lender. A�► nodoe to Leuder sbari be givea by tbst c2ass mail ta :
<br /> � - Lender's add�ess stated herein or aay oWes address lxader designates by notice to Borrow�er. Any notice pmv�ded for in this _ .,,. . ;.'�.
<br /> - . �,� ;:`� SeWrity tasuument shaU be deemed to 6ave been given to Borrow4c or Lender when giveo as provided ln this paiagraph. ..�.�, : "
<br /> ' ' 15.Govem� Law, 8ev�abftity. This Secariry IIIStnune°t shaU be govemea by fedeial law and tLe law of the , _ ,:'
<br /> '` � � ! � •'%. jutisdictioa in which the PropertY is located. In the eveat that any p�vision or clause of tL�s Saa�rlry Insuumeat or the Note _ ,
<br /> � � conflic.ts witL applicabte law.such conflict ahall not affect other pmvisions of this Security taguumeat or the Note which c�n be ,... -
<br /> i •
<br /> _ , � .� � ,,�� given effect withwt the wntlicting provlsion.To this end the pmvlsions of this Securlry lnsuumeut and the Note are dectared . .
<br /> � � ' , w be severab2e. �� ..
<br /> . °.;.� 16.Borrowee's Copy.Borrawer shall be given one coaformed oopy of the Note and of th9s Seauit3+Insauu�ut. . .. ,
<br /> . wrm auze s�so .: . .
<br /> `!':.[ ° . � ' . �-BRlNE1�m2�02 v�pee ore /�t `'. nuod�:�l - . ..
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