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<br /> " � �` payments may nu(onBer he rcyuireci,nt the aption of I.ender,iF inartgage insumnce cnvcruge(in d�c umount and for the pedod ---
<br /> �� �°�" thnt I.ender requires)provided by an insurcr approved by L.ender ugain bcrannw uvuiluble und is obtuincd.Borruwer shnll puy _...._
<br /> the pre►niums rcquired ta muintain mortBuge insurance In ettect,or to pruvtde u luys reserve,until the rcquirement for mortgnae
<br /> � insurnnce ends in accoTdance with nny written n�ceement between Borcuwer und l.cnder or uppllcublc luw.
<br /> 9. Qnspeetlon. Lertder or its ogent mny make reu.so�iable entricc up�m und inspccdons of the Propeny. l.citdcr sliaU glvc _
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<br /> Borrower nottce at the time of ar pr�ar to an ins{section specifying reusonable enuse fbr the inspectian. �
<br /> ' - - 10. Condcmnution•The proceccit of any uwnrd or claim Par damages,dircrt�u a�nseyuenti•rt, irt conncctinn with uny� r._
<br /> '- ,:; , candemnution or other taking of nny part of the Property.or for conveyance in lieu of amdemnatian,n��e'hereby,u�signcxl u�u1 ��
<br /> :�,��„ � shnll be paid to Lendcr.
<br /> y-'` In the event of a total tnking of the Pmperty.the pmceeds shall be nppliod to thc sums xccurcd by thi�Security Instrument. ��
<br /> whether or not then due. wlth any excess paid to Barrower. In the event of a pArtial taktng of the Praperty in which thc fnie,
<br /> ^'�'� �'• mnrket vnlue of the Property immediately before the taking is equal ta or grenter than the amaunt of the sums secured by this;�
<br /> •'� '"�" Sccurity Instrument inunediately before the taktng.unless Bormwer attd Lender utherwise a�ree In wddng.the sums secured by �
<br /> ������• ...�" this Securfry Inatrument shal! be reduced by the nmount of the procecds multiplied by the followin� fructi�rr. (u) the total
<br />',;�y; ,•.��, ` umount of die sums secured immediately before the ttikjng.divtded by (b)thc fair market vulue of the Property immediately
<br />-��'ta=�.°� befor�the takIng. Any balance shull be paid ta Barrowcr. In the event of u partial tnking of the Property in wt►jch the fnir
<br /> '���r� market valuc of the Property immediately before the takjng ia less than the nmowrt of the sums securcd immediutely befone the
<br />�:t.•.�
<br /> -- s taking.unless Borcower and Lender othenviae agroe in wrtting or unless npplicable law otherv�ise provides.the procceds s
<br /> ��-— be applied ta the sums secured by this Secucity Instrument whether ot not the sums are then due.
<br />-,r� !f the Property is abanrkm�xl by Bonowor.or{f.after nottce by Lender to Borrower that the condemnor offers to make un
<br /> asvArd or settic a cluim for damnges. Borrower feils to respond to Ixnder within 30 days after thc date the notice is given,
<br /> � or to the sums
<br />:�°�,`.-�•=� Lender is authari�ed to collect and apply the procoeds.ut its option,either to testorntian or repair of the Property
<br />--��-'��X� s�ured by thts Security Insaument,whether or not then due.
<br />:ru..:�.�:�,�„� Unless Lender and Barrawer othenvise u�ree in writing. any application of proceeds to prine3pal shall not extend ur
<br />'-z`�� postpone the due dute of the m�nthly payments referred to in paragn►phs 1 ar�d 2 or chnngc the amoum of such payments.
<br />- -=�� 11.Borruwer Not Released;Forbettruace By Lender Not a Watver.Bxtension of the time for payment or modiRcation
<br /> of a�nortizatian of the sums sscurad by this Security Instrument�ranted by Lender to uny suoce�sor in interest of Borrower shnll
<br /> not operate w release the ttability of the w�Iginal Borrower or Borrower's successors in interest. Lcnder shall not ba mqulred to
<br /> �• oommence proceedings Against nny successor in interest or refuse to extend dme for payment or atharwise modify amorti7atlan
<br /> of the sums c�ecured by this Secur�ty Inst�ument by reason of any demand rosde by the original Horrower or Borrower's
<br /> -= successo�s in intc�es�. A��t'�+�b, ��r}n P,�P�rising nny ri�ht or remedy shall not be a waiver of or pireclude tho
<br />`".'�°`-� eaercise of any right or trat�edy.
<br /> 12. S�n+a2�snss and �SSi� Bounc�; Joint and Several LiabS�3Ry; Co-slgners. The cosez�nnts and a�reements of this
<br /> Securlty Insmim�nt shall bind and bene�t the successors aad assigns of Lender and Borrower, subject to che provisions of
<br /> }�aragraph 17. Boaower's covennnts and egreements shall be joint and several. Any Borrower who oo-signs this Securi¢y
<br /> Tnsuument but does not execute the Note: (a) is co-si�ning this Securiry Iastnunent only to mortgage,grant and convey thai
<br />�� Borrower's interest in the Prupeny under the terms of this Securiry Instrument; (b)is not personaliy obligated to pt►y the sums
<br /> secw+ed by this Secudty Insuument:cutd(c)ug[�ees�hat Lender and any other Borrower may agn�4o cxtenct.modify.forbeac or
<br /> mtsbce any u9commodntions with regard to the terms of thts Securiry Iostrument or the Note without¢hai Borrower's oonsent.
<br /> 13.I.oun Churges.If the loan secared by this Securfty Insm�ment is subject to e!uw wh{ch sets m:uimum loan charges,
<br /> and chut law is finalty interpreted so thut the iutemst or other loan charges coltected or to be collected in caanectioti'a�'ith the _
<br /> loan eacead the permitted timits.then: (u)any such loan char6e ahull be reduaad by the amount necessury to roduce the charge
<br /> to the permitted iimit;nnd(b)any swna rilready collected from Borrower which excxeded pemiittc+d limits wilf be refunded w
<br /> Horrower. L.ender may choose to mnke this refund by mducing the principal owod under t�e Note or by entkwithcut�an
<br /> payment to Borrowcr. If a refund reduces pdncipal, the reduction witi be treated ns u par�isi pmpaym Y
<br /> � prepayment churge under tho Note. .
<br /> l4.Notic�.Any notice to Borrower provided foY in this Socurity Inswment shuli be�tven by delivering 1t or by muiling
<br /> --- _��— it by f�rst class mail unless applicable lxw requites uFe of another method.71te nod�e shall be directad to the i�roperty Address .
<br /> or eny other nddress Bort+ower designutes by notfce to L.ender. Any rtodoe to Lender shall be given by fi�st ctuss nwil to
<br /> L.endcr'a address stated herein or nny other address L.eadea•designates by notice to Borrower. Any�totice pmvided for in this
<br />�==--- �_=___ Sccoriry Tnsuuu��l�t ahat!!u:dr�re�c!tQ l:si�e be�n g;vPn�n Rc�rmwer or Lsnder when given ns pruvtded in this psin�rapd�• -
<br /> — ° 15.(�overniag Law; Severnbility. 'll�is Sec�rlty instivment shali be'guvr���cx! by fcdcrst latl su�i ti►e taw oi th�:
<br /> = judsdictton in.which the Pmperty is located. In the event that uny pmvision or etuuse of this 5ecudty Insuvment or the N�ote
<br /> _ gi enl effect�ti ithou�the cunflictlnB rov�iaion�To thi�nd the provi Ions af this Security Insuumenttund v Note decl�red
<br /> to be severabte. � of the Note und of this Sacudty Instaument.
<br />,,,_----- 16.$orrower s Ca�v.Horrower shsill be given oae confoemed copy
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