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<br /> , puymcnts mny no tanIIer be�equtred,nt tfiv option of Lender.if mortgnge inawancc caverugc(in tha umount and for the periad �Y
<br /> thut L�endor requlres)pravidcd by un inaurer u�proveA by Lendor ngai�►br.comc�s avnllable und ia obtuined.8orrower sh�ll pny �--"
<br /> the premiums required to malntntn moRgogo inxurance 1n effect,or to provtde n loss rescrva.until the requlrement for manQugo � �AY�.
<br /> insvrance ends in eccordasice a+ith rany written aIIreement benveen 8orro�vor anA Lender ar opplicnble lnw. � __-_-
<br /> � , � � � 9.[n y p e c t(nn.Lender or its Aacnt may mnkc reuson�ble ent�les upun and inep$ctions of the Property. Lendor shnil give �:Q�T
<br /> •� Borrower notico at tho ttrne af or prlor to an lnspection�pec l f y iag reus a n n b l a c a u e e f A r t h e i n s p e c t i o n. �
<br /> , 10. CoLidc�uccatlota.'ihe prasxetiq of any nwnrd or ctnim for damnges, direct or consequenti�l. in cotmection with uny �_.
<br /> R..� eondemnatlon or other tnking ot nny psut oY the Pe�oPariY�or for aonvayunce in lieu of condemnadan, ns�e lteeeby asalg»cd mtd � �
<br /> "'�� sh�ll b�p�d to I.ender. -
<br /> ���}� In the event of o tottil teking oi the Property,tho pmceeds shnll be upplicd to the suma secured by this Secudty Inatniment.
<br /> � .�,�,�w:�� whether ar not then due. with any excess paid co Bonower. la the event of a p�tial taking of the Pmperty in which the fair
<br /> r ; � msuket vulue of the Propetry immedlately before the takinn ia equal to or greater than d►e nmouitt of tho eums secuted by this _
<br /> '�f,4securlty Iasctumoat imm�dlately before the taklag. unless Bonower and I.ender otherwise ogree in wdtin8�tt1e suma secured by `
<br /> �, d thia SecurltY Insuument shall be reduced by the umount of thc proceeds muldplicd by the foltowing fraction: �a��a el�
<br /> {� amount of the sums seaured�rnmedletely before the takinQ,divided by (b)th pfair market value of the ProAi W�ch tho fair
<br /> � before tha taking. Any buleace 8hu1�b� Paid to Borrower. In the event of a �utial taking of the Propecty
<br /> � � --� market vntue of the Propeny iminediutely bafon t�e taking is lesa then the smount of the sums secured immedietely bafore the
<br /> �" � �� the pmceEda shull
<br />-*� ...�t taking�upless Barrower and l.�ender otherwise agres ia wridng or uuless appltcable law otherwise provides.
<br /> ��...-.�y,�.�- bo applled to the sums secured by thia Security In.sxrument whxther�r not the suma ere then due.
<br /> . : If the Pcopercy is abaudoued by Borcower,er if.after aotic,�by Lender to Horrnwer that the condemnor offera to make an
<br />-«.���^�'-. award or setde u clalm for daa�a$es, Bflrrow►er f�ils to respond to Lender withia 30 days after the date the aoticc is given,
<br /> ' , I�ender�s authorized to cullect and e�ply the pioceeds.at its option,either to testoratiou or i�epair of the Property or to the sums
<br />__;.T��: secured by this Securi►y Instrument,whethor ot aot th$n due. lication of roceeds to principal shaU not eatend or
<br /> _'.. Unieas Leader��d Eorrower otherwise agree 1n wrlti�►�. anY �PP p
<br /> . ' pestpone the due date of the monthty payments referred to in paragrapha 1 end 2 or change the umount of sich payments.
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<br /> ,.,,;- ,,� 11.Borrower No!Released;Forbearanee BY 1.ei►der Not a W�iver.Exccnsion of the ti�ne for gayment or modiRcation
<br /> of amortizatioa of the sums seeured by tbis Sec�icitY Insuument granted by C.ender to any suecxssor in inter�st of Borraner shell
<br /> --',�N.�;;;; not operate to release the liabUlty of the o�iginal Borrower ur Borcower's succcssors in i8terest.Lender s4a11 aot be res�»ire.d to
<br /> "°`=''`•` cosuuence proceedinga a8eiast any suc�or in interest or relY�se to extend time for payment or otherwise madiPY amo�on
<br /> -R�''��': � �{s ��ty ynstrument by reason of any demand mado by the origiaal Bur►'ower or Botrower's
<br /> -_�'�,�r�� of the sums secumd my t pn�te:r ia exerclsiaR ennY�St►t or cemedy ahall not be a w�ivcr ot or reelude tha
<br />-- i___. successo�a in L�t��t. .-.ay�a�bY-- P
<br />�-;A.��G�
<br />-,=�.�; exerclae of any rlght or remedY. a�,�ta of thia
<br /> 12. Succe.ssors�nd Ass1P,t�s aound; Jotnt end 3everul L1abU�liy; Ca-slgnere• 'il�e co�e�n�e �d �
<br />_������ Securlty Ipsuuu�ent shall bind t�ad beneflt the successors and essigas of Lender and Borrower. subjcxc to the provislons of
<br /> -== pumgcs+ph 17. Sorrow�t'e covermnts and agte2xaenta shall be jotat and severnil. Aay Bonrower who ca-�slgpsand conv y that
<br /> `"-�r'.L_����� Iasuument but does nmt execuce the Note: (a)9s oo-slgain8 t1►is Security lns3mment oNy to mortgage,@
<br /> -�-*•�"`'"'�'�-' Borrower's interest U� tha Property under�he terms of ehis Secudry Insm�n►ent;(b)is not personaUy obli,e�ted to pay ths sums
<br /> �,��f�
<br /> securec�by tUis Secudcy iaacnuttent;and(e)agrees that Lender aad aay ot�er Eocrower tu�y agree to eatend.modify,�Forbear or
<br /> -__°�'==�� maIco nuY eccommodatiam wlth regtud to the terms of thia Securiry Jasmnnent or thd Not�without that Bomnwer's consxnt.
<br /> _�_�`� 13.Lona Char�:�.If the foan setured by this Security Insmiment is subje�t to a la�v�vhich seta maaia�uai loan cl►arges,
<br /> and that law ia finatly Imerpnted so that the interest or other loan charges coUe�ted or to be collected ia �°n��on wtth the
<br /> ' loan en.ceod the Perm�tt�limlto.then: (a)any such loan cbarge sha11 be recliiaed by the amount necessary to redux the c�R�
<br />- _?� to the�ernaitted limir, nnd(b)anY sumB alt+eady wllected from Borrower whicb e�ed'Petmitted timits wlfl bo retlu�dod to
<br /> � Borrower. Lender may choose to make this reflmd by reducing the princlpel owed undor the Note ora y emaldn8 ud��
<br /> _._ _ __�-�a , puyment to Bora�owe�r. If a rcthnd reduces pdncip�l, the reduciton will be treated as a parttut preP Yn► Y
<br /> prep�yment charge undcr the Note.
<br /> 14.Nottces.AnY notice tu Borrower pmvidod for iu this Security iasuument ahell be given by delfv�aing it or by mailing
<br /> --±�___� � � it bY�clnsa mail udess aPplicabls law requires ase of another method.The aotic�shalt be din:ctc+c7 to the PYng�.^�ty Addnss -
<br /> -- __; or eay ather ad� Bortower desi�a�cs i�p ax,slcc tc I.�de�. Aay °ndce to Lender shall be glven by ltest olmsa matD to .
<br /> - � Lender's address stated horeia ar nn,y other addresx Leader dcstgnntea by notice to S�rro�vEr. Any nodcc prm+l�ia1 for in uus
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<br /> ___. _�_� Secudry Inatcument suall be deemed w have 6eFn given to Borcower or Lender when given as pmvided�a this pfiragc�aPh•
<br /> _ �S.���a �a� geV�b����,, '�is Secudry instrument shnll be govemed by fedemt law and the law of the ;,�,
<br />—��;��a�� Juri�d;ceion in wbich the Property la tocated.In the event thut any provisioa or clause of tUta Secur[ty i�asuument or the Note
<br /> -----_�`�`� conflicts with upplicable law,sucb confltct ehal!not affect o�er provisions af thts 5ecurlry Iasuum�nt or the Noto whfch can be «:
<br /> _�� given effect wiehout the conflicW�g pmvielon.To this end th�provisiona of this Se�urlry Instrumeat aad the i�iote Are declared +�)
<br /> -- =u�z�-'�' tn bo severable.
<br /> ��bs=:s�' 16.Borrower's Copy.Borrower shaU be�iven one wnformed copy of the Note and�f this Scxuriry Insuument.
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