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<br /> --__--_ 99������ �. ;
<br /> at the aption of Lender. if mortgage insurence co�'ern8e (in the amount and for the period that Ixnder rer�uires?
<br /> _ ____� F��•l.1�hy un insurer uppro�ed by Ixnder again�cumes ovailuble and is ohtaan�d.Bot7'�oRer shall pa) thr premieEms
<br /> , required to mainmin morc�age insurance in e[iec�or to pra�•iae a tass:�rvc.u�t:i th:: :��ir�ns�*-r�,r m��rcnagr .
<br /> . � insurance ends in eccor�ance Nith ony nritten agreefltent fset�seen Bocroxer and Lender or appli�ahle la�l
<br /> 9.InspErtcon.ixndet or ivagent may make re�sonable entries upon and inspections of the Pro Ixnder shal!
<br /> ' � ' �ice Batruti�er Rotice at the time of or prior to an i�=pzction sp�i4ying�nable raeise for the in��i«n.
<br /> � � ' !0.Condetnnstion.Ths proceeds of ony ucsard ot claim for damages.d�recc at consequentiaf,in connerci�m ti��ith
<br /> � any condemnation or other uiking o4 any psrt of tAs Pro�rty,o:�or com�eyanrx in lieu of condemnatiun,are herrby
<br /> , �ssig�ted und shall be paid to Lestder. ,
<br /> � ' ln tRe e��ent o4 a tot�l t�king of thc Property,the prarEed�shtli be applied to the sums secured by�this S�curity
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<br /> ` � Instrument.�Lhether or not then du$.cvith any eacess pai�to Earroner.in the�ti•ent of a partial taking of the Pm�rt}'in
<br /> -•- n hich the Faic matket�•alue of the Propertl+in'►m�d�8t��)r�°re Ets�t'''�ing is���t°°r greater than the amount of the
<br /> sums secured bS•this S�zurity insteument imm�liutely�fare th:ta�►ng,unl�Borroner and Lender otherwis�agree .
<br /> . ' �' in c+riting,the sums secured by this S�urity lnstrument sh�ll be nedu�d by thz amount of the praceec�s ms�ltip3ied by
<br /> � � thr follucs ing fraction:(a)the total umount of th�sums serureal immediately isefore tAe taking,d'n�idsd by (b}the fair _�._
<br /> rnarket�•al�of the 6'roperty immediutely before th8 taking.An}balance sh+s!!1 be paid to Bosroner.In the e�rnt of a �.,L.
<br /> � � �srtial tnking oF the Property in�hich the fa'sr murt:et E�lu�of thE Propesay immediately hefora the takin�is less than �.=�.
<br /> i i the amonnt af the sums secured immediatelg b_fore the s�.i'sing,unless Bosrm«a and L.ender°thet'n�se 8gre��°�'riting �;,
<br /> . �.;� �; or unless applicable law ntherni� psn�ddes, tti� ptoc�ds 5;�21� be aPP�ted 4o ths sums secured by this�$curity =_
<br /> • Instrument ahether or nnt the sums are then dur. -'`=-
<br /> � • If ths Praperty is abasidoned by Bomo�er.or if,aftar noticr'b Le�ttter t° B°n°Ner 4h�t the con�emnor offers to
<br /> ' ` `�� make an ac�ard or settle a claian[or damo�;es, Harrocver fails to res-pon3 m Ixnder nith�n 30 days ufter the date the "�-
<br /> , notice is gi�en.l.ender is suthorized to collect an�apply the proceeds,at its aptian.eitAer to reswrauon or repair of the ____
<br /> � Property or to the sums secured by this S�curity Instrument,Nhether or nat th�du=. � �n���shall nut exteud or �-`=�
<br /> • . .� � Unle�Lender and Borroarer othsraise agre�in�vriting.any applicatioA af�s P ��._
<br /> �c � ue date af the manthl}• psyme�sto reisrred to in P�ragraP� v �d 2 Qt cliange the amount of such - _
<br /> `.. ._...- �-�:� ��men�s d �—_
<br /> �Y I!. 8flrrot�er Not Reteased: �vt�r��.u��'-'��� �Qt a�aivas_ Eatenso��the time for payment or ?�__f
<br /> ' madificaUon of amortiu�tion of ths sums sasut�]bF thi�S�curiry la�strumaat granYed b5 Lend.."r t°anS succ�or in __
<br /> ' . �� � interest of BorroneY' slzall no4 op�rn.te to rel�e tha fiability of the�annalsB�o�n���orfref u��d ____
<br />: _ , • � .��, interest.I.ender shall not be requirer3 t�o oommcnce psa�din&s agai =_
<br /> � time for payeaent ot o4herwise madif;amorti.adon of ths sum��'�by this Security Yns[rumenY by reason of any
<br /> '.�;. demand made by the originai Borro�er or Horrower's sucue�aas in�nteres't-AnY forbearance by Lender in exercising --
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<br /> any right ot reme�y shall aot be a waiver of or preclude the egarcisa of any ri�ht or remedY.
<br /> 12.Sucoessors and Assigns Bound;Joint and Severa!Liability;Cu D�nsd.Thnd B�n�an����h
<br /> �' of this Sscurity I�strument sfiall bind and benefit the stccce�oss and ass►gns
<br /> • � pro��ision�ot paragrdPh 17.Borrower s cavenants and agresmc,zes shFill fse jo�nt and se��es�l.Any�orronet a�ho w�gns
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<br /> '' :, this S�rity Instrument but does n�t esecute thp Note: �a) �.3�he te ms ai�this S� Instrument;{b) s�n t
<br /> :,N��� ` � �rant and canvey that Barroner s interest in Zb..ProQei'ty ,�
<br /> .`'+,�%� �-,,onally obligated to pay the sums secur�d by th'ss S�urity Instrumen�a�d (c) agrezs thas Lender and any other
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<br /> '" ` to extend,mosiify.forbe�or mske any accosnmodation:�,�cith regard to the terms of thic Security
<br /> ;a'�r.4;� ,, $orrocver may agtee
<br /> � � Instrument or the h'ote withaut that Bcrrrower's cansent.
<br /> 13. Loan Chargrs.Ii the loan secured by this Sacurity Instrument is subject to a laa which sets masimum loan
<br /> �['fJC. •
<br />-:;:��:,:. � ' chorgcs. and thnt laa is�nally interpreted so that the interest or other la�charges collected or to be collected in
<br /> _;�`?;;�• � canneetion�vith the toan esc�d the permitte3limits,then:(a) anY suzh loara charge shafl be reduced by the amount
<br /> ;'::��'�� necessary to teduce the chprge to the petreitted timit; sind (b) any sun'� alretdY collected from Borrower nhich
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<br /> :�..' . . � ;� `. esceeded permitted limits will be refunded to Bosrower. Leuder may clzo�:se tn muke this r�fund by reducing the
<br /> '� ' �. •.i principai os�ed under the 1�'ote or by making a direct payanent en Borroner•If a refund seduces principal,the reducti�on
<br /> '`::��7;;._" ,'�i •" Nill be tre3red as ss{+artial FrepaYme�t�;ithout anY P�Yn►�i��i,;rge under the Note.
<br /> ?�`�"�` ""`• 14.�otices.Any notice to Bnrrower provided for in ttia Sr�urity In..�ment shali i�e given by delivering it er by
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<br /> :;:,,�y, •;. . �: mailing it by firss class mail unless flpplicnble lnn requires w�c4 anoth:r. rnrrkod�T!`��n`ntioe shnli 'se direc2e�to th�
<br /> -- � r . PropertY Address or any other address Borrower designates by^nuce to i�rni9ra�.�..,•ra�..^e to Lend�-�hall be een 6
<br /> �"�!�' ficst class maii to Lsnder s addre�stated herein or any ott�rr:u'_dress Le�.��des's;;nsi�:j�y notice to Bonocver.Any
<br /> � notice provid�for in this Security In=tcument sh»Ii be desrt;�3.a�have been g'�ven U3 I�orr�wer or[.ender v�hen given
<br /> -=.� r � as provided in this paragra.oh.
<br /> '"`"''`'"' 7i � IS.Governing�W;SeseraIIi�ity.This Security Instrumens shall be governed�; tederal law and the law ofi the
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<br /> .. jurisdiction in ahich the�ro�erty is located•In the event that any provi�ion ar.ctausz of this Security instrument ar t e
<br /> '� i;;'�:i. Nots conflicts with applicable lan.�:.�h wr►flict shall not affect other proc��.�.�:.s oF this Security lnstrumentor th�Note
<br /> "" �� ��j� cvhich cIISi be�p,iven eHect cvithout r)ze conflictir�g provision.To this end the ptovisans uf this Security Instrnment and
<br /> �`'s' the i�ote:,n.declared to be severable. __
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