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<br /> ::� paymentr muy no longer be required.ut the aptian af Lender. ii mortBage insur.�nce caveei�ge(in thc umuunt und for the perlad --
<br /> � , -t thut L.ender requfraw) provided by an insurer upproved by Lendc�ugain 6ccames uvnilablc and i�+abtuineci. Borrower shull pay __
<br /> ` ,��,�p� the prerr�umA required to maintnin nmrt�oge insurunce in effect,or ta provide u latis rescrvc,until the requiremcnt far mortga�e ,-,__
<br /> , � insarance ends in accordunce�vith nny wrltten A�reement between Bomawer und Lendee or applicable Inw.
<br /> ,. � 9. In�poctt�n.I.cnder or its ugent may maEce reusannble entdes upan and impecd�ms of the Praperty.I.ender ehull give
<br /> ; �� 8orro�ver nntice ut the time ot or priar to nn tnspection specifying ret�.sanabte cauhe far thc inspccti�m.
<br /> 10. Condemnntion. The pruceed�of any awurd or claim for dumugeg, direct or ransec�ucntiul, in connectian with any
<br /> cordemnutian or othe�tukin�of uny purt af the Prop�rty,or for canveyunce in lieu of candemnution,urc hcreby nssigned und ^
<br /> �.; �:,u� shall be puid to Lendar. `�
<br /> ��,;,,�" In the event atn taa!eaking of the Property.the praceeds sh�ll be applicd to the sums secured by this Sccurity Instrument. —
<br />'��— • whether ar not then due,with any exc�c.g paid to Horrower. In the event of u particii takfng of the Property in which the fair
<br /> ;�� murket vulue of tha Property immediately before the taking is equ�l ta or gmater thun thc wn�unt of the sums�ccured by tbis
<br />-- Securiry Instrament immediately before tfie wking.unlx�s Borrower and Lender olherwise egree in writing,che sums r,ecured by
<br />• .Y':;-:�� this Sccudty Instrument shall be reduced by the amount of ihe proceeds muldplied by the following frnction: (u)the totnl
<br />_•'�_��.=;;,{;,��`. umouat of the snms senired fmmediately before the t:iking, divlded by tb)the fair markct valuc of the Pr�perty Immedintely � .
<br /> -�'T""" before the wking. Any b�ltutce slisill be paid to Bonower. In the event of n panial tukiog of the Nropeny in which the fair
<br />�'''i''J' market vulue of the Property immediately before the tuking is less thsin the amount of the sums secured immedintcly before the
<br />-�:��
<br /> tokinII. unless Borrower and Lender otherwise flBree in writtng or unless upplicAble luw otherwlse pravides,the proceeds sh
<br /> :=�'�'"� � be applied to tha sums secured by thia Secudty Instrumcnt whether or not thc sums are then due.
<br /> ._ :•.
<br /> -'�"'�"'� If the Properry is aht�ndoned by Borrower.or if.after nodce by I.ender to Borrowcr that the candemnur offets to mnke tin
<br /> �T�-:zi;.�
<br />-__ ::;,._� eward ur settte a clanm for dam�ges, @orrower fnila to respond to Lender within 30 duys nRer the dsite the notice is g(ven�
<br /> �'�`�E�#'`���,y� Lender is nuthodzed to oollect and a�s�9y ths pmceeds.at ite optlon.either to restarution or repair of the Property ur eu�'�a sums -
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<br /> -_-„ secured by this Security Insuument.wh�ther or not then ue.
<br /> :'����i,�,� Unless Lender and Borrower otherwise a�re� in writing, any applicatIon of proceeds to principal sh:Jl not extend or
<br /> _=-- postpone the due dute of the monthly payments refc:r+ne�to In paragrapha 1 and 2 or change the amount of such payments.
<br />`"-.'-''�`�y�� 11.Bormwer Not Rele�sed;�orb�rance By fLender Not a Wuiver.Extension of the dme for payment or modification
<br /> ��y uf amortization of the sums secured by this Secudty Instmment granted by L.ender to any successor in inten�st of Borrower shail
<br /> —� not opsrute to rcicase the liability of the od�inal Horrower or Borrower's successors in lnterest. L.ender shall not be�+equ+lird to
<br /> commencc proceedinga a6sinst cttty successor in interest or refuse to extend time for payment or otherwise modiYy amortiauion
<br /> of the sums secured by ihis Securlty Instrument by reason of any demand made by the or�ginal Bona�wer or Borrower's
<br /> ° succxssors in interest.Any forbearance by Lender ln exercisiag any dsht or remedy shall not be a waiver of or preciude the
<br /> --- exercise of eny r��ht or teme�y. �
<br /> -'.:� iZ. Suocessors and Assi�ns ��d. dolnt ana :;everai i.iabiiity. �o-siS�. The covc,m;� an3 agrc�:� uf:h�s ,
<br /> �— Secucity Instcument shWl bind und benefit the s��oessors and ussISns of LendRr and Bon+ower. subject to the pmvisiony of
<br /> �� puraBraph 17. Botrower's covenanta und agreemcn�� shall be joint and several. Any Borrower who oB-s��na thia Security
<br /> Insmrment but does not execute the Note: (a) is ea-3igning this Secudty Instrument only to mortsuge.��n't ttnd oonvey that
<br /> Barrower's intcrost in the Property under the teims of this Securiry Insttument;(b) is aot personally obliguted to puy thu s►Ama
<br /> seeuc�e�m�this Security Insttument;�nd(c)agrces that I.euder and any other Borrower may pBree to extend,modify.f�s�ea�.or
<br /> make any accommodations witt►.c�egurd co the terms of this Securiry Instn�ment or the Nnte without that Borrower's cansent:'
<br /> ' 13.I.aan Cht�g�. Ef the loun secured by this Security Instrument is subject to a law whIch sets cnn�imum loan charges,
<br /> ___ nnd thut law ia Rnsi�y iaZerpreted so thut the intemst or other loan churges cotlected or to be collected in connectton with the ,
<br /> _::�!;�:� lo�n excoed the per►nitted limits.then: (u)ar►Y such loun charge shait be reduced by the amount necessary to roduce the chruge
<br /> -•�—� to the pe.nnitted timit;and(b)any sur.os�Ir�adY collected from Borrower whtch eaceaded perntittetl licnjts will be uefunded to
<br /> Hor�+ower. Lecxter m4y choose to meY�this refund by reducing the principal owed under the hlote or by making a dire�t
<br /> payment to Borruwer• If a refund reduces pnlncipal. the reductIon will be treated as n partit+l prepayment wId�out c+ny
<br /> prepayment charge umder the Note.
<br /> �4.Nattces.Any notice to Borrower provFded•far ia thia Secur�ty In.suument shall be given by deliveriag it or by mnili»g
<br /> [t by t"irst class mail unless applicable law reqnires use of another method.The notice shutt be direct�d to the Property•e�ddress
<br /> or any oiher address Borrower designates by nadce to i.�ndee. Any nottce to Lender shait be gtven by first cless n�l to
<br /> L.ender's Qddress stasted herein or�ny other addre�s I.ender dc�ignates by nodce to Borrowcr. Any notice provided fdr in tliis
<br /> 5ecltrttyr Instrurt�ent shall be deemat to huve been�ivsn to�armwer or Lender wben IIlven as provided in this parngcaph. ,
<br /> . sn�,c! 'sy fe�ecs! !»•y p.r.�j tho Ipw nf the
<br /> �� 1�.(s'orer'a�ilu� La:�; §everatsitiBy., Tlus �ecurity CaFmxmcn� sh:iii i,c gov.: .
<br /> .,. jurisdictlon in which the 1'roperty is located. In the eve�t 4IDut.nny proviston or elause of?,�is Sec�rity Incuvment or tbe Notc
<br /> conflicu with applicable luw.such conflict shall nat affect other pr,ovistons o£thla Securiry Y��trument o�ti�e Note whieT�cAn be
<br /> given effoct wlthout the aontlicting provision.Tu�his end the pruvisions of this SecurIty Instrument and the Note are declared
<br /> to be severnble.
<br /> lb.Borrower's Copy.Borrower sh�ll be IIiven one or�nformed copy of the Note and of this Securlty insitument.
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