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<br /> , ` paymems m�y no longer isE required.at the optioR of L.ender.if mortgage inswance coverage tin the amount and far the periad �_
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<br /> � �_ that Lender m,�uires)provided by an insurer approved by Lender again bacoines avaitable and is obtainad.Borro«•�r shap PaY �
<br /> '. • �`�• �e pr�iums requined to mainrain mortgag�insuranoe in effect.ar t�provide a loss reserve,until the requirement for mortgage
<br /> ' � insurauce ectds in s000rdance witb anY wriuen aF,reerttent bet�ween Barnower and Lender or applicable law. �
<br /> � ;f 9,Ittcpecitan.Lertder or its agent may anake reasonable eniries agon and inspections of the Property. 1.Qnder s4�all give J�
<br /> � ' ' ;` I�arrower naiice at the ame of or prior to an inspertion specifying�easonable causQ for the inspectaon.
<br /> � -�3�. lU.Con�eanYtatton.The pmceeds of any award or claim for damages. direct or oonsequential, in conn2�'tion with any ',�
<br /> . condemnation or other taking of any part of the PropertY.or for conveyance in lieu of mndemnation, are hereby assi�ned and �
<br /> =j,,' shall he pai�to Lender. � �
<br /> "� '• In the event of a total talcing of the Propsrty.the pmoe�ds shall 6e applied to che sums secure�by this&erur�ty Instrutccent, �
<br /> �.• •..•�_ ;.
<br /> ' -1'�� whethet or�nt then due. with any excess paid to Barrower. in the event uf a�rtial taking of the FropQrty in whicQe the fair
<br /> `�� - market value of the Property immediately befare the taking is equal to or greatee�than tiie amount of the yums:;�ure�by this _
<br />:-A�--� Security lnstrument immediately before the taking.unless Bnrrower ar.d I.�nder othenvise agre,e in writing.the sums s�cured by
<br />-. ` , _� . eliis 3esurity Instrument sh�ll be reduced by the amouat of the pracceds rrtultlplizet bY the foflowing fr,�ction: (a► the total
<br /> amnunt of thc sums secured immediatcly bef�rc th.. taking,dividcd by !h)thc fair market value of the Pro�rty immediately
<br /> � �`4•`���. � Qsefore the tuking. Any ba1;�nL�c shail ts� paid tn Bornn�•tr. !n the event of a panial tuki»s af the Property in whlch the fair
<br /> ' ' • �` • ntarket valuc of the PropeRy imm:afiately hcf�im th�takin� i�Ie4�+ehan the ru�.e�nt of the sumy ucumd inunediutcly hefare the
<br />"�:�;'� taking.unless Borrower und l.ender otherwir.c agree in writing or unlcss aprlcsable!aw othenvisc pcavidcs,the procc.^.ds sl�all
<br /> ..�.�;...;, _ be a�plicd w th:tiums sccured by this Security Instrancent whethct cir nni ths sums are then due.
<br />= •-Y�=�'` If the Ptopcny is ubandoned by Buttnw�r,or if', uQer notioe by Lcr.ci�r to Barrovuer thnt the cortdemnar oifer�to make a.n
<br /> � nwnrd ar s:.tQe u claim for damages. Barrv'+ver fatl�,to�pond to Lend.r wi�:'.^30 days after th�date the �eotice is given.
<br /> :�;,,�'��. Lendce is authorized to collut and appiy the praceeds.at iti+option,either to cesto:ttion or repair of the Property or to the sums
<br /> "�`�_;.;.�" secured by this Security instrument,whether or not then due.
<br />�.-�rs:r..+ ltcatiea of moeeds W pronciPal shatl nat exteud or
<br /> ;::��yn�:�� Unless Lender ar.d Borrower otherwise agte� in writing. anY app� P
<br />. -�'�;��; , postpone the due date of the monthly payments referred to in para�phs 1 ar�d 2 or chaage the amnunt af such payments.
<br />'�='':"`� 11.Barrower Not Released:Far�ea*anoe By I�►de�'Not a�Yaia�ee.Extr�s.sian of the time for payment or mndification
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<br /> of r�rnortization of ihe sums secured by this Secnriry Insiiument granted hy Lescd�r ta any successor in interest of Borro�ver sl�all
<br />',a;�_���Y��` not operate co release the liability of the origin�l Borrawer or Borrower's su�ces�oss in intcrest. LenBer shall not tre naquired to
<br />-"°;� commence pmceedings against any sur.essor in interest or refuse to extend tir.'�for payment or otherwise madify amor6zation
<br /> =t��,'`��� , pnstrument b rea��on of an d�mac�d trade by the original Borrower ar Eorrovrer's
<br /> of the sums secured bY this Se�u'ty y y 5}���t 6s a vraiver of or preclude the
<br /> �����,'��� successors in interest. Any f�rbearance by Lender in eaercising any right oa rerc�dy
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<br /> exercise of any right or ie,:_..�dy.
<br /> .���"'=��'� 12. Su�..�ors a�J Assigas Buurtd; Joint and Several LIIaE�ility;Cv�i�'as.'I'he cavenant�and agreEments of this
<br /> -__-��� Se�vrity In..��nt shall bind and benefit the successors and assigts of L:�d:r attd Bortower, subject to the provisiurs of
<br /> _,�;�;�� p�g�ph 1�. L"zarrower s covenants aad ab�m�nts shall be joint arcd se.-ersl, Aay Borrower �vho co-signs this Sec�:��'.y
<br />_=_���'� Instrument 6ut does nc�•t�yrute the Note: (a)is co-signing this Securiry Ir.��r.�nt only to mortgage,grant and convey that
<br /> ��;�' —.� Borrower's interest in L_e R�cperty under thE terms of this Security instru"'.enz:(b)is no2 personally obligate�to pay the sums
<br /> __:��SN;�;�„� secvred tsy this Security I;�xumeni:and(c)agrezs 4tt=1:•`..ender and any other B�yra:ver may agree to extend.��a�ify, for�ear or
<br /> --.�...._ ° make any accommodatiors with rega.-d¢�th$terms cF t��is Securiry Insuu�.ent•oT tre Note without t�at Bormwer's consent.
<br /> . -}�,�� 13. Loan Char6�s.-r:he loan se.uted by this Sxcuriry Instr'umena is suh;ect t�a la�v tivfiich seis maximum loan charges,
<br />_ ,_�—�,�,.—�� and that law ts finally ia��reted so that th�lnter�:�r other loan charges co't��d or to b�colle„te�in crnne�ion with the
<br /> loan eaceed the�zrtui's�:1�-:mits,then: (a)any suck 1:,�charge shall he red�.:ced'sj the amount necessary t6 r�uce the charge
<br /> =——�'- to the permitte8 iim'_c: a�J ;b)any sums already coi r.;ad from Borrov�er ahe�e:cceided permitted limits will be refuaded to
<br /> ---- - Borrower. Ir�.�e: ._..+r �'�oose to make this refund by reducirt� tJ�r. prir�ipaf owed under the Note or by malang a direct
<br /> - payment to 6orrc��-• :.` a refund reduces princip�!. the re�a�.�:a will ts� treated as a partial prepaymEnt witha•� ��=-Y
<br /> prepayment charge u.a�r::he Note. �
<br /> - 14.Nolices.Any a�s'cs to Borrotver provide9 tc�*:a this Security Yr.�Mnus;�:ne shall be given by delivering it or by rr,.�--=;
<br /> it isy fitsi ciass mail uniess applicable law requires us:cf another methad.'L'iu=,v3�:I=e sln�11 b�direc4ed to ths Property Eli�:�rss
<br /> -- = or any oiher address Borrower designates by notice ta L.ender. Any rtotix tc Lend�r sh�'1 be given by first ctass is��c+!' to
<br /> i,ender s address statzd herein or any otheT addcess Lx�der designates by aorice to Borrower. Any notice provided for in this
<br /> � Security Instrucnent sh:���be deemed to have been give::c�Borrower or L:nder whr.n given as provided in ths oaragraph.
<br /> �' 1S.Covernfu� i�c�?, Severebilt4y. Thia 5�:.:° Insuument sha13 h�s }�a�emed by federal law .s�.� the law of the
<br />, �� jurisdiction in ah=dt d�e Pcoperty is located.In the ever�t that any provisicn ar clause of this Security Instnsment or the Note
<br /> conflicts E-:i.dt:�-1:si�s�!''��law.s�ch conflict sh�l not uffec�other provisica�of this Sssurity Insuument or the Note which can be
<br /> given effe���:�:�'�%•�'1�conflicting provision.To this end the provisic�s of this Security Insuument and the Note an declared
<br /> - to be severable.
<br /> �_�.`�� 16.Borrower's 4:a�sry.Borrower shall be given one wnformed copy uf t];r-Fl�:te and of this 3r,�urity Instrument.
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