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<br /> � puymentx mny no tonQer be required,at the opsion of l.endcr.if mortAage insurance covernge(ia tRe amount and for the period `,
<br /> " eMt Lendar requires)pmvtded by nn insurcr Approved by L,znder ppnia�ecomes Avuilnbte and is obtnincd. Borrower shall puy -_
<br /> ' the preaniuu�s tequlred to maintnin mortBu�ta tnsuraace in effect,or to provide a losa reserve,untll tba requirement for mortgnge
<br /> ' Inaurance enda la nccordance wit�uny wdtten u�rcement 6etween Borrower nnd Lender or appltcabYe law.
<br /> 9. Iaspectlon.Lendar or ita ngent may mako reasannblc entdea upon aad inapectiona oP the Property. Lender shnll give �
<br /> � �orrower aotice nt the time otor pdnr to an inspe�ttan apecityiaB re�nsonable cuuse far the iaspection. ��'�•
<br /> 10. COl2tlCailMfQ�11�'II`ha proceeda of uay uti+rnrd ar cl�im for dnma�es, dire�:t or conr.equentiul, in.caaaectton with�u►Y ', K
<br /> ., condemnadon or other tt�king of uny part ot the Property,or for conveynace in lieu of condemnntloa, ure hereby asslgned tu►d --
<br /> shnU be p�id to L.ender.
<br /> •::�-�• In the event of n totnl wldnB of tha Property,the procReds ahuU be applted to the eum.9 secured by cbis Securiry Instwaent. :��;,.
<br /> , '� � whether or not then due,with any eacess patd to Borrotiver. In the event of a pnrtisl utkfng of the Property ln which the fair ;x�:;�`
<br /> auuket vulue of the Property Immedlately before the tnkiaB is equal to or greuter Wan tt►e amouat of the sums secured by this �".'
<br /> ...:^
<br /> Security insuuraent iramcd�ately before the�alcing,unless Borrowar und Lxnder otherwise oqreo fn wdting.the sums secured by . ,=;.
<br /> + this Securlry Iasnum�nt ahAll he reduced by the amaunt of the proceeda multiplie�! by the following feactloa: (a) the tatal :�..-
<br /> , � amount of the sum,e secured lmmediutely before the taiciag, dlvided by (b)the fnir market valua of the Peogerty iramediAtely F`
<br /> ' before the taking. Any bnl�►ce shull be paid to�orrower. In ehe event oi a partiel Wciag of the Propercy in which the fair �;-
<br /> � market valuB of the Property lnnmediately before the taking is less than the mnount of the sums secured immedlutely before the �
<br /> . takiag�unless Borrower and Lender otherwlse agree in vniting or unless applicable lavr otheiwlse pmvides,the pmceeda sball
<br /> � be applied to the suaas secuaed by thia Secr�ity Instrumeat whether or aot tho sums are thea due.
<br /> ` �i' If the Peoge.rtj+is abaudoaed by Borrower,or i[,aftee nodco by L,ender to Borrarler ehat tho condemnor pffera co make au ___
<br />- - � � a�vard or settle a claim for d,�mages,Borrower feils to respoad to Ixudet within 30 daya ufter the date tha nodce is given, �_:_
<br /> r"'�' � Lsader is authorized to colteca�d apply the pine�da�ut ita aPtiaA�either to restoratfoa or repair of the Proper.ry ar to thc sums
<br /> �a-=•=
<br /> P_'-!:"'.
<br /> � "� secured by tpla S�curity Instmment,whether or not then due. ---
<br /> " (1aless I��tr And Borrower otherwlse ag�ee in wrlting* any application of praceeda to principal ahull aot extend or _
<br /> �� :'` postpone t�e dcte u�ate of the utontWy paJnaents referred to in paragraphs 1 and 2 or change the aateunt of auch payments.
<br /> ' 11.1Dorro�ver Not Released;Furbearance By Lender Not n i�Vuiver.FacteasIon of the time for payment er modlficatIon
<br /> '" ' of amordzatioa of the sums aecured by ttile Srcurlty Instnunrnt Braated by Lender to any succes,sor ia interest of Borrower shall
<br /> ... nat operate ta release We liability of the o�tg[nal Bormwer or Borrower's success�rs In interest•Lender shall nat be requ�red to __
<br /> commence pmc�ediags against aa�y succe�cor in iaterest or reiLse to BMend dme for paymeat or otheiw[se modify amo�tizatlon
<br /> � , ` of the awns secured by ttds Security I�tnament by mauon of any demund made by the orlgirmt Boreower or Borrower's —
<br />-. �' __ e _ Q �T�,�dy adatl not be a waiver of or procluda the
<br /> ; a . suc�cesso�a in iateresc. fwy torbcezaaw�y a�adcr in exerclslag saY rI„hs - -
<br /> e�c�zclse of a�►dght or reaneQ��. _.
<br />�.-�.: . 12. Succ�sots and ��,ns Boundi Soiat and S�vesaL Ltability=Ca+sfgae�. �e covenar►ts and agree�ente of tbis
<br /> ��; �, Secutity Iasqumeac sl�sll b�ad and benefit r:he successots and assfnas of Lender ua�l�tOrmwer. subject to tha provlsions of
<br />-+��:��'.;;�:>. 1T, 1�orrower'� ooveaauta end agreemeata shaU be joiat 1'cfl several. Aay Borcower who casigas this SecurEt�!
<br /> '� ..,:��?;°,,r• � I atrunne�at but does aot eaiocute the Note:(a)is casl$atng thia SecurIty Instn►ment only to mortgage.8rnnt and convey tht�
<br /> -:':f .::,,..::. �tu�ower s interest ia the Property under�he terms of eu�s Security Insavment;(b)is not peisonally obliguted to Qs�y�e�
<br />=''F;� . - that lrz��er and aa other Bono�ver may agrce w extead.madi4�.forbear or
<br />�n� a ..,; ' seeured by this Security Iaismiment:and(e)agrees Y
<br /> -�,,: ' S. matce any acoommodations with regurd to the tem�s of this Security Inshvment or the t�lute without that Borrower's conseat.
<br /> 'TMT��t�• 13.E.aan Charges. If the loaa secuiei� fiy this Security Insuumeat is subject to n law which sets m�imum loaa ebnr8es�
<br />_`''.�„�:"', � tmd that law ia finaUy intetpreted so ttaa¢tbe�nterest or other loan charges couected or to be collecud ia com�tection wtth the
<br />��T�°�1 taan e�ccad she permftted limiES.then:Q�)u�y'such loan charge ahall bc3 rednced is�e»"�a amount aeoessacy to irduce the c�arge
<br /> -�..�.aarr�3 tu the peimitted i�mit;aad(bD 2nY sums a1r�dY coAecteA fsom Borcower whic3i anmreded permittod limits wtll be refl�aded to _
<br />--_-^=�-�{.�_�i Bomower. Leader may c�aose to mak�this refimd by reducWg tke principal vmPfl under the Nou or by mnkioB a direct _
<br />--_��v:�� ps�ya�ent ta �.��ower. If a reft�ad reducrs prtacipal. the reductta�n �sv�U be ortuted as a partinl pt'tPAYment without a�y
<br /> ----"�'=�=i prepaymcat chsrge uader the Note.
<br /> _�y;�--- 14.PTot[ces.Any notia w Borcower pmvided for�this Securlty Instivmont shall bo givea by deIIverIag it ot by mr►i9i:m�g Y.
<br />�?'�-�'�'"'. 43 by�'irst cless mall emtess applicuble law requires use a^r another method.The aotl�x sheU be directcd w the L"a��}►Address -
<br /> �x
<br />----� ur an,y ether addnss 8orrower destgnatea by notice to Lender. My nodco to I.eader shall be given by flrst cldss matl to _
<br />-`��,_!-�� ��der►8 addcess sta�ed henln or any other sidddc+ess Y.ender desigautes by aoticc to Bo:rower. Any aotice provtded for ia thla
<br /> �"�� �uity insuumcnt:�atl @e deemed to�+ace Eseen;;iven to 8or�wer ar i.asd:s rrtea g[ven as provIdPc ia Lhie I►araoranh.
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<br /> �,i , � ' 15.Guv�rntng laeat 5�ev�ablit4y. 'I'dia Securety Iasuument shaU be govenced by federal lnw t�ad tde Imv of tdo :�:
<br /> �� g:�ir�sdtcdoa in which the �esry is located.In tlte ee�tn2 that eny provision or clunse of this Securiry Iasuaimeat or the Noie �
<br /> _:�'';"�! canflicts with uppli�able la�v�such oontlict r,hall aot affect other pmvisiona oi this Se�udty Insmimeat or the Note whtch caa be _.
<br /> �`°.:'�''•'��'`,� �ven eKc�ct�s:�hout the r.onflicdng providon.To this end the pmviston+s of this Seciulty Iastn�ment and tlie Note are dectat�d
<br />;���-.°:-:.$�:' . to bs severdb^_2. -
<br /> 3.� ' ' ' 16.Borrower's Coaay.Bomawer shnll be given one conformed oopy of thQ Nate and of tWa Seeudty InE¢iucaeut.
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