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<br /> ' paymentx mny na longer be required,nt theoptlan of l.ender,if mort�age in�urance coverage(in the umount uad far the periad ,
<br /> " thm Lcnder requires)providod by c�n insurcr npproved by I.endcr agnin becamcw av,lilnblc nnd ix obtnined. Bnrrowcr�huil pay �
<br /> •�+ the premiums rcyulred ta maintuin martgc�ge insurwue in cffect,ur ta�rovidc u loss rc�erve,until thc rcyuiremcnt far tnnrtguIIe �
<br /> insurunca endH in urcardancc with any wrium aareement b�twcen 8arruwer And Ixnder��r uppHrubic law. � �
<br /> . 9. Itt4pcctton. I.ender ar itx ugent may makc reusonuble cntrics upon and lnspccti��ns of thc Propr,»y. l.ender Shal1 givc �
<br /> o Borrawcr nntice nt thc timc of or prior to nn inspccticro spcclfying rcuconablc cauxc for thc inspcat{nn. �
<br /> '� 10. Candemnatton. The procceds of any uward or claim for dnmuget+,diroct or c�nscyuentiul, in c�nnecti�m with any �
<br /> „ „ condemnt�tion or other tnking of any pnrt nf the Propeny,or far convcyunce in licu uf condemnation,ure hereby assigneJ und
<br /> sfiall bc pnId ta Lendcr. �
<br /> ;�•�;;,,; In thc event of a total tnking af thc Propedy, the pmcceds shnil be upplied to the sums scrurut by this Securiry Instrumcnt.
<br /> �'�f---� whether or not then due, with any excess p�id to Borrower. ln the event of a partiul tnking uf the Praperty in which the fnir
<br /> market velue of the Property Immediately bofure the ttsking ia equul to or�reuter thun thc amount of the sums secured by this
<br /> r;,,, Security Instrument immodintely before ttie�nking. unless Borrower and Lcnder atherwise agree in writln�.thc sums secured by
<br /> .• :� this Secudty Instrument shall be reducc:d by the amaunt af the proceeds multiplied by the followin� fractian: (A)the total
<br /> � amount of tha sums secure�immedjntcly befare the taking. dtvided by(b)the fair market value af thc Pmpetty immedintely
<br /> .;._� ,;; before the taking. Any balnncc shuU be paid to Bomower. ln the event of a purtial taking of the Praperry in which the fair
<br /> market value of the Proparty immediately before the takin� is less than the Amount of the sums secured immediutcly before the
<br /> "'''�'•�'r�r�` taking. unless Bonawer and Lender otherwise aIIree in wdting or unless applicable lav�otherwi�e provtdes, tho procceds shall
<br /> ��'''-•:'.:''M1' be applied to the sums secured by this Secudty Insuument whether or not the sums are then due.
<br /> ...�rt,
<br /> •- 5�,:�;:,;� If the Propsrty is abandoned by Borrower,or if,after nottce by Lender to Borrower that the condemnor offers to make an
<br /> '--:�4'.,>,.
<br />_ -�,;'�,� awasd or scttic a claim far damnges,Borrower fails to respond to i.ender rdthin 34 days afler the date the nottce is given.
<br />-�,.:;_„�,��4�: � Lender is authorized to coltect and apply the proceeds,at its aptian,either to restoration or repair of tho Prape¢ty or ro the sums
<br /> ,,,,t.
<br /> ;�,.„��{;�,;�.;, � secured by this Se�curlry Insm�ment,whether or not then due. .
<br />._�;,�x:;,,��;?,> •� Unlvss Lender and Borro�r•er athex�vise agreo ire writing, any applicadon of procexds 10 pr�ncipal shall not extend or
<br /> -'"'���`� pastpune the�Iue date af the monthly pay mmts referred to ln pura�raphs 1 and 2 or chang�the amount of such payments.
<br /> ,,,-:�!�� :
<br />_,��',:F.�,,� 11.Horcower 1Vot k3Eleaxed;ForbQaraRCe�y Lender Not u Waiver.Bxtenaion of the cime for puymenc ar modi�icatian
<br /> --__—�._=.� of amortizatian af the sums secured by thie Security Insuument granted by Lender to any successor in interest of Borrower ahnll
<br /> - - not aperntc to mlease the liability of the onginal Borrower or Borrawer's succea.gons in interest.Lender shall not be required to
<br /> -=R;:�v■ cammence proceedin�s against uny successor in lnterest or refuse to extend time for pAyment or otherwIse modify amortiaudon
<br /> �_; of the sums secured by this 5ecurity Inatniment by i�eason of any demand made by the orlginal Borrower or Horrower's
<br /> '. sucxessars in interest. Any forbesrance by Lender!n exercising any right or remedy shall not be a wuiver of or preclade the
<br /> Px�xclx af eQ;r�ght or rem�l;.
<br /> 12. Sut�cessore and Asslgns Bound;Joint una Severnl i.tubllity; Co-sigaere. The covenanta and egrcements of this
<br /> —� 5ecu�ity Instrument shall bind and benefit tho suceesxors urtd nsslgns of L,ender and Borrower. subject to the pcoviRtons of
<br /> ' pnmgrnph t7. Borrower's covenuntx ared agccemente ahall be joint and severut. Any Bomower who caslgns thia Secudty
<br /> _ inatn�ment but does rtot exaxute the Nate:(w)ia caAigning this Secudry Insnument only to mortguge, grnnt and convsy that
<br /> � Barrowcr'a Interest in the Fniperty under the terma of thiR Security Instrument;(b)is not personally obtignted to pAy the s�rms
<br /> ; �ecurod by thla Secudty Instniment;and (c)ogrees that Lender and nny other 8orrower may ugree to eatend,modify�forbeur or
<br /> � make any accom�nodntiona wlth regurd to the terms of this Secudty Instn►ment or the Note vdthaut thut Borrower's oonsent.
<br /> — 13.Loun Charges.If the loan secured by thts Socurity Instrument is subject to o law wh{ch seta maximum lQan chnrges,
<br /> ' and thut lu�v is finnlly interpr+etat so that the interest or other luan churges collected or to be collected in connartIon with the
<br /> i loan exceed the pemiitted Itmits.tlien:(a)any such!oan chnrge shall be reducod by the amount necessary to reduce tho ch�e
<br /> ,i to the p�rmItted limtt;and(b)any sums aiready collected fmm Borrower wh[ch eaa�ded permitted limite will be refunded to
<br /> Botro�ver. Lender muy choose to malce �his refund by reducing the principal owed under ths Note or by making a direct
<br /> ___.__ payment to Bflrrower. If u refund reduas prtncipal. the reductlon wiU be treated as a putIal prepayment withovt nny
<br /> � ' prepayment char�e undar the Note.
<br /> ? 14.Nottces.Any rtottre to Borrower pr�ovtded for in thja Security Insm►ment shull be given by deliverin�it or by mailing
<br /> it by fi�st class maiil unles3 applicuble Inw requires use of another rneihad. The notice shall be d�rcxted to the Property Address
<br /> --________, ; or nny other addre,ss Borrower designates by natice to Lender. Any nodoo to L.ender shnit bo glven by first cic�ss mall to
<br /> ---- , Lender's address statal herein or any other address Lender designates by nottce to Horrower. Any rtottce provided for in this
<br /> , Security Instrument shai]5e deemed to have bcen given to Borrower or Lender when given aa provided in this pamgraph.
<br /> --_ -_--' Z�.GovE:.��� Lsniv; Se�.,�s�bfflcy.T:fis :u,urity Inssrument shall b: govcma� by fcdcra! law :ucd WC !sw of tive _
<br /> ____ � Jurtsdlction in which the Property is located_ In the event r,�at any provision or ctause of this Security Insuvment or the Note
<br /> oonflicts with applicable law,such conflict ahsill not affeit uther provlslons of thia Security Instrument or the Note which cxin be
<br /> ' given effect�vlthout the conflicdng provision.'fo this end the provlsions of this Socurity Instrument And the Note arc dacinred
<br /> ( to be sevemble.
<br /> ____ � id.Burruwer's Copy.Borrower sl�all tse�Iven ono conforinal copy of tho Note a�id of this Secudty Inatrumcnt.
<br /> __:I
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