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<br /> �� ..� nt thu optinn ai I.ender. if mort�u�o insuranco coverago (in xhe nmaunt und �ar thn poriad that Lender reyuirra) __.
<br /> ,r,�, pruvided by nn insurer nppr�ved by I.ender a�oin becottnes nvuilnblo nnd ir�obtnined.Aorres�ver shull pay the premiume �
<br /> ,.{,�, rcy�iiee�! t�rtnaintnin mar3�n�o insuronco in ePfer,t,or to pr�vtde a loss resarvo. unttl th�requirement tor mart�a�a �.
<br /> � innnrn��ca end�in nccordanco aith uny written n6teement bettveen Harm�ver and Lender or applicnble law. �
<br /> " ,; H.InR{sccQinn,l.ender ar ite ngent muy makc�reasenmblo entel��upon nnd inspecttans af the Property,l.ondec sh�ll � "_-
<br /> , givu linrro�vor nutico ut tho timo ut or priar tn nn inapeattan epecityia�g r�onable cause far tha insps:otion. -
<br /> �� � 10. Q'emda�mraation.'Cho prueeeda af nny award nr claim fardumages,dircv:t or eons�:quendnl,►n eunnc�;tion with � ;;..
<br /> '""" ��` uny c�ndomnottan nr nthar takin�af any part ai the Praperty,ar for convoynnce In lieu of condemnntian,are hereby _
<br /> � �55i���ed and ehall ti�paid to I.ender. � -
<br />' °� �����,•,�� in thn ovent of n totnf takinII at tho Frnperty,the procee�eh�ll be�ppliEd to tho sumo cecured by thi�Security � `
<br /> I:'"`'�� lnntrumer►t,whethor ar not then due,with uny exce�pn td to nurro�ver.In t he event o f��part in l t a k in�o f t he Prope r t y i n
<br /> "-:';. which th�Pair mnrket valua aP the Property immedtately b�fore the tnkinII is equal to�r greausr thnn tha nmount of tho � -
<br />-=.,�..,.�,- sums secured by thie Security Inatrument Immediatoly beinte tha wkinQ�unless Bnrroncrr and I.endee ather�vlse naoeo
<br /> i� io writing,the 9uma r,ecured by thie Security Inatrument ehall be reduce�by the amount of the proceeds multiplied by
<br />-_..•.-.-�"u'�!� thd fu!lo�vtnu fractton:(a)the tatol umount oq the aume secured immedinteiy bafare tho tukinII.divided by (b)the tuir
<br />-�.aw;;., market vatue of the Propecty immcdtatcly b�forc tha tnkir.g.Any balance shnll be paid to Bnrmaer.In the event o4 n .
<br /> ;'�,i�},�, parttal takin�af the Property in which th9 tair maeket vnlue ot tho Property immedintely bciaro th�tnking is less thnn
<br />'�`-��?,•.,;� thd nrriaunt oP�tha sums secured immedietely baforo thd tuking,unless Borrower and L.ender otharwise agree in writing
<br /> ��' =}=.-w` or unle.� applicublo lacv othertivise provIdp, tho pmceeda ehall be a�splied to the surt�a secured by this Security -
<br /> n'��`''''� lastrument whether ar not tha sums are then due.
<br />-:��� It tha Property is nbnndoned by Boreawer.or If,ufter natice by I.ender to�3orrower that tha condemnor a4fbr�w
<br />-;,��� muke nn atvnrd or sattlo a claim [or demage�. Borcower fails to respond to Lender cvithin 30 dnys aft�r tho date the
<br /> '' � no�ice is�iven,Lendor Ie authotized to c.ollect and npply the proceeds,at I*s option,either to testorutlan or repuir oi tha
<br /> �'��.�� Property�r ta the sums secured by this Security Instcu�e�ent,�vhether or npt then due.
<br /> -:,,;�,�:� Unless I.ender and Borrower othenvJsa egree in writing.any application of praoee,�s to principnl sha11 nat extemd or
<br />:_;;;;,.�,;,.�� p�ostpone tho dua data of the monthly pnyments rote�rred to in parngrnphs 1 ond 2 or chnaga the nmount aP such
<br /> -�-���— payments.
<br />°`°��,,,� 11. BorRO�ver No2 Released; Forbearance Ay I.endot Not a dVaiver.Extenslon of the time for payment or
<br /> modification oi a�nortization of the sume sacur�d by thie Secvtit� Inatrument�ranted by Lander to any succes5or in
<br /> - `� interest oi Rorrower shell rtot operate to release the liability ot tha orimnul Borrower or�arrowor's successors in
<br /> .,�� interest. [.ender ehull not ba R+e.qutced to commence proceedings agains't any auccessor Ita interest or refusa to extend
<br /> -� time for pnymesnt or oth�rwise niodiPy amortlzation of the sume secured by thts Security Inetrument by resnsott�t any
<br /> - demand rnmAda by the ori�inal Borrotver or Borrower's sacce�sors in interest.Any forbearance by I.endar ic►ex�:rcising
<br /> � any righC or remedy�liull nut be a waiver oi or precludc�tha exetcisa of any right or remedy. � -
<br /> _ ,n �:, +�i��.����i�4;�o�n��Qet•Intnt aRd Several LiaA�llity;Co-sieaere.The coWenants and agreerx�ents
<br />- __ - of this S�curity In3tsu�mznt shall bind and benetit the succe.csors and ossigns of I.csnder and Borroaer.subjcct xo the ,
<br /> � provisim�ros a�para�aph 17.Borrower's covenanta and agreemenrs ahall be joint and save�a�.Any Borrowet who c.o slgne •
<br /> :�-i thia Secisri4}+Instrument but doeo not axecute tha Nate: (a) ia co"sjgnlns thia Security lmstcument only to mortga�e,
<br /> — grant and convoy that Borrower's interest i� the Property under the terme of this Security fnstrument; (b) i�not
<br /> _._.s_ - -- personaliy obligated to pay the sums secuted by thts Security Instrument;tutd (c) agcees that I.ender and$ny other
<br /> Borrower may agree to extend�modify.iorbear ar muke ony accommod�tie�s with regerd to tho t,erms of thiA Security
<br /> __ ,� Jnstrument ur tha Note aithaut that�iorrower's consent.
<br /> t3. 1.uon Chargas.If the la+�n secured by thie 5ecurity Insuucn�nt is subject t,o ala�v which sets moximum loan
<br /> charges, t��r�thet taN is finally in2erpreted so that thd tnteresc nr other loan chnrges collected or tc� be onliected in
<br /> connectiu�;tiuiEh the lc�an exceed the permitted limits.then: (a) uny such loan charge shall be teduced by the amount .
<br /> necrssary;tei reduc�,ah�e chqrge to the permitted timtt; enc4 (b) uny s�m� �lready collecte.3 tr�;a� Borrower which `'�
<br /> exceeded'p�mittet4 lii�rr;lxi will ba refunded w Borruwer. Lender may c�snose to meke thta refua�� by re�ucin�the
<br /> -��� priacips!nw�d under Y�,ANot�dr by mukinB a dicect psymont to Borrowar.If a refuad red�ces pr�noipal,the redu�tian .
<br /> .su�;;� will be t•reuttd as a partial prepaycnEnryvithout any prepaymentchQrge under the Not�. �•� . �
<br /> --= 14. 3�otices. Any notice to i����r;wer provided for in thisSecutIty Inattument��fl"�r��given by deliver3ng i8vt by
<br /> - '��� meiting�t by�irst class mail unles�Applicable taw t+equires use of another method.'The riotice ehalt be dir$cted to tl�a
<br /> •`,:pr�.if7�ty Address or any other addrecs Borrowe:r t'fr�igtotes by notice tm i[.en�9dt.AnY nodc.�to Lena:r..ehal!ba gtven by ,
<br /> '• t;ts�vJ�,�nai1 to I�eder's addresa stated hereSn�r any oE1��er.&ddt�Y.remi�desiga►steg by notice to Borrower.l�ny .,��`'�
<br /> notice.;�c.�i�Ided[or in thia Securi�;+lnatrument sh�il Isa daa:,sc:zr�to hnve been given z�SqrroY+er or Lender'�dhen�iv�n -*�•.
<br /> as prov>>�1:;c1 an thia pnragraph. . . � . , .',' ~"
<br /> _ - - t S, Cinvemia�I.aw;Se�,'��'.trility.Th�e Security Ins`i�rrient ahall be gflverned by federal law and th�e lavt�7t�;F xha . "1
<br /> -� jurisdiction in whisS�g�e.�� a;x�`,�:��s tucated.M 4ho evcnt thst euy�rovisi�n.,or ctausa of this�urity ln�trus,nen4 ur i.isti ��;.
<br /> �?ote conflictc�Nit�a�'I`►cable tAt��,BUCh contltct shall not af[ect�nther pro�;isi,oas of thiaSea!uity Instrument or the Nnte �;:,��-
<br /> which crin be given eff�ct withotr�:lfie con�licting provisIon.'Co Yhis end tho'pmvisionsof this Security Instrumentand
<br /> -�,-,�� the Note ure declered w be severe'�Iw.�
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