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<br /> ° . . paymen[s mny no longer he rcqulred,at the optlon of Lender, lf mortgagc i�surnnce covcaago (la the amount and for tho pr.rlod f;:��..:_
<br /> that Lender requires)provided by an insurer approved by Lender aguin becomes avnllable end u obtained. Borrower shall puy ��_M1.
<br /> .. the premituns required to mat�tuln mortguge insurtu�ce in effect,or to provlde a loss resorve,�sntll tbc requirement for mortBage ��_.�,
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<br /> � iasuraace ends in acwrdunce wlth anY wrtttea agreemeat between Botrower and Lender or applkable law. k�,_.•
<br /> ° ' 9.Iaspectton. Lender or!ts a�ent may make m,usonable entrics upon an�d iaspecc�ont oi the Property. I.cnder ehall glve ��,;..,.
<br /> , ' ' Bonower notice at the dme of or pdor to aa inspection specifying reasonable cause for the inspatlon. - �
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<br /> .. �.�., condelinnaC n or other�takiag of any p of the Pcopetty,olr forf conveyance ln 11eut of cond�m�n►.ion. are he by ittsaigaed and �,��
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<br /> � � shall be paid to l.ender. -
<br /> ';;sx�+�T`�, In the event of a rotal taking of the Propeny.tbe proceeds shnit ba applied to the aurn�secwed by this Security Insuument. :�
<br /> � �-����"�� whether or aot then due. wlth anY eacesa puid to Bortawer. In the event of a pxrtial taking ot the ProPertY in which the fnir
<br /> � m a r k e t value of We Pro perry immediately before the taking ia equal to or greater chsm the ar�aount of the sums securcd by this
<br /> ' i Secudty Insttument immedlatrly before the takin�.unless Bonower aa d L en der a t he r w l s e a g r�e I n w d t i n g, t h e sums secured b y
<br /> � thIs Securlty Instnunent shall be reduced by che emount of tha pmcceds mu���Pl�ed by th�kliowing fraction: (o) the total
<br /> • t°%'� � amount of the sums secured imine�liataly before the teking, dlv[ded by(b)che faix market vak�e of the Propetty immediataly
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<br /> ���::;r.�,-n before the taking. Any balance sUsil be paid to Bonower. In the event of a parci�l takln6 otttbe Property ln whisb the r
<br /> •�;� >; market value of the Property i�na►ediately befoce the taking is lesa then the amouat ot the surns secured immediately before the
<br /> ,, � � taking,unless Borrower aad Lender otherwise agree ta wrltinB or unless applicable law aheiwlse provldes,the proceeds shnll
<br /> ,.�,J;:°11� ,� be applIed to the sums aecured by this Se�urlty Instru�ment whether or not the sums are tliea due,
<br /> ��-,�, �- If tbe Pro pe rt y is abaadoned by Borrower,or!f,after notice by Lender to Borrower that�e condecnnot ofPera to make an
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<br /> .;y,;t?j�,,�: , award or settle a claim for damn�ea, Borrower faUs ta rea�on d to L en der w t t b i a 3 0 d a y s a ft e r t 4 e d a t e t h e ao�tI o i�e gua�a�s
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<br /> ,..;,3��:•. ,�.�: Leader ls authorizect to collect and apply the proceeds,at its aPtioa,eithar to restoratloa or r�pilr of the Property
<br /> ���Fi�;�•`':'• � secured by thia Securlry Instrument�whether or nat then due. Ilcation of proaecia to PdnelPal shall no4 extend or —
<br /> ., �,i•",�W��rk`� � Unless Lender aad Borrower otherwlse agree in wrlti�►g, anY aPP
<br /> .L�}';'t.;��' postpona the due date of thc monthly paymenta referred to in paragrnPhs 1 aad 2 oe chaago tlie uaouat of such payments.
<br /> `•i;,;�;;.�f ' 11.Borrower Not Released;Forbearance By Lender Not s Watver.Excension otthedaie for paymeat or madification
<br /> � "' of amort�,atl�n of the suma secur�d by tbis 3ecur1t3+Instrument�ranted by L.ender to aay�uca�sor ia interest of Boaower shall
<br />�:�.-,�_:.�, a o t o p e r a t e t o r e l e a s e t h e I t a b U i ty of the orl gint�l Borrower or Borrower's successora in iaer�sl,i.eader shall aot be req�lred to
<br /> ;��.r • co:amencs pro c e e d i nga ag a t n s t an y s uccessor in Interest or reflise to extend tirae for payment or o c h e:v v l a e m o d i f y a a�►o n i u►t l o n
<br /> rr �; of the sums secuced bY this Seci►dty Instrument by reaaon oP any demand tnade by thP odginal Horrovrer or Bortower's
<br /> - "-- - successors ln interest. �+ny forowr►�z�8Y ���r fn�r�;sing Any rlght or remedY s1u�11 not be a waiver oY or preclude the i
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<br />��.�,tl,,�"� ` eaercise of any ri8ht or remedy.
<br /> 12. Suceesso�5 nnd�sslgns�ound; Joim and Several Lisbil[ty;Co�sl�neis- 7he covenants aad agreements of this
<br /> "`��,-°�'•� � gecutity Instnuaent sliall bind and benefit the successors an d a s s i g n s o f I.e n d e r a a d B otrower.eutm ject to the provisions of
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<br /> ��;�;A.,�.r�orn�.� patagraph 17. Horrower's covettants aud egreementa ehstl ba joint and severnl. Aay Ho�rower who caslgns tbia S ty
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<br /> � Iqauuraont but does aot execute tht Note: (a) is w•signing tWe Securlry Instnu�en�only so mortga�e, gtaat end convey at
<br /> =��`��� Sorrower's interest in thc Property under tho terms of tWa Securlry lnetrument;(b)1s not penonally obligated to pay tha aume
<br /> -���''�'� � secured by this Security Instrument;aztd(c)agrees that I,ender end aay othor Borrower mey egcee to eatend,modjfy.forbes+r or
<br />-..._..���u'�] ra�e�y a���uo���h zegacd to the temia of this Securlry Insuumeat or the Nate wNhout ti�at Sarcower's consent.
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<br /> -�---r;r-- 13.Loan Chwges.If the loan secured bY thie Secuc[cy��ent ia subject to s la�v u�hich sets maaimwa loan chsuges,
<br />--':�^��f�'.� and that law ta finally inter�teaecl so that thc intereat or other loan charges collected or to bo rollected in connection wlth the
<br /> _.:�-`�".�:�3�� loua eaceed the permitted limits,¢hen: (a)any such loan chazge shall be red�by the aaQO�ut necesserY to reduce tha churgo
<br />----�=;�°�°`� to the permitted limir, raid (b)Any sums atre��y collected firom Borrower whtch exceedal p�mr�itted limits y ba reflui dd�iYet t
<br />-"`'""'�1°�''' Boxrower. Leader may clfoose to muka this refuad by reducing the principul owed uader the Na�te or b muldn8
<br /> -° the redu�don wW be treated as �patttaY prapaya�ent withont any
<br /> �"-''<K�'.1'� payment to Horrower. If a cethnd reduces prinetpal.
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<br /> __.;,,��� prcpayment charge under the Note.
<br /> �=M�� 14.Nutices.Any aotico to Borrower provided for ia th4s Secudty Ir,etrumant sb�alibe Slvenby deliveriag it or by�11�8
<br /> --`�`�' ;t by tirst cless mnil unless apPlicable law requires use of aaother method.'fhe nodce shell be directed to the Property Addi�ess
<br /> ---- — or aay Qther address Borsower designates�y notice to Leieder. Any notice to Lender sbdl be given by firat class uaull to
<br /> �:.,:,���a Lender'n address stated herein or any other acldress Lender deslgnates by nodce co Bvrrov�u. Any nodce pmvided far in thia
<br /> — =1 5e�vrity tu�uw,�ut sl�al!bc d�..°med co Lnv�t,ec-n�{vcn ta Borro��er or L�nder whea�ivea a�Provtded la thie paragrnph.
<br /> �__�c,,;��;,�- lg.�y��g Y,pw; S�erability. Thte Se�urlty Inetcument sbaU be �overnal by tederat law ttnd tt�e taw of thc �
<br /> ---�- ��. jurisdlctioa in which the PcopertY 1s located. W the event that aay provislon or clause of t6ls Security Instcu�ent or the Noto
<br /> _�°'�''��� confiteta with applicabie law,sucb conflict shatf not affecc other provislons of this Securlty Irecrument or the Note which can be
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