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<br /> qyments may no langet ba rcquirod.At the option ai Lender,if mwtg�yc inw�nre n+verApa lin the umcwnt anl for the period
<br /> th�t l.ender roquiresl pmvided by wt insurcr appt+aved by L.ender again be�wnes avAiluhle und i�cibtait�l. 8amower shall p�y
<br /> � ----- tho pnmiums roqufrod�e m�intain mongogc insur�r�ce in effoct.AI'(0�NOY�IIC A IOSS fCSCNC,until the roquircmem for morl�wQe
<br /> _ iaRUnuwe mds in aoomrf�naa witti anY wAuen�Rree�aent be�waen Born�wer and Lender ar appllcable law. .
<br /> --„�_� 9. haqtectba. l,cnder or ils a�ent may rnake reawnoble cn��s upnn arid iacpoctions af�he Pmpeay. l.ender shall�ive
<br /> Bonawcr ncNice ut the Iimo af or p�iar ta an inspection spocifying reason�te wuse i'iv�he iiupectiun.
<br /> !0. Candann�Uan. The procoods uf any awsud��clnim for d�ges. Jirect ar��►nseyuential, in rnnne�:tion wUh uny --=
<br /> _ = rnndemaation or ahcr�e�ing oP wny pwt oi the Pmperty.or for cnnvoycna in lieu u�'condenuwtinn, are hercby awiened and
<br /> �c��,�-- - �' ahull be pxW ta Lender. aL;��
<br /> In�he event of a totul uiking of the Pmperty,the pracoads sl�ull M:upplled u�the sums�;ecured by this Secunry inauument, �_'_
<br /> .,�;;% wi�ethcr or�wt then due. with any excess pnid �o Bnrrower. In thcevent nf s�puMiul tuking �►f�he Pmpeny in which tha fdr �.;.
<br />;L T�� msukct value of the PropcRy inun�.diulely bcfo�e the�aking is equul a�or g�e�ter thun the umauot of thc sums�ecured by thig �.—
<br /> Secu�fty Instrument immediulely befone�he�ak�og,unl�a Barn►wer and l.ender olhenvise agree in writing,the wms secured by �`
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<br /> ,�._1�, t6is Secu�ity Instniment shall be reduc�ed by the amou�t of�he pnx�ds auUiplied by �he following frocti�m: (A1 the t�wa! �;,,
<br /> -- :�.a,,; y� amount of the sums secured i�miodimtel�r before the tW�ing, divided b�y 1b11he fuir�rke1 vulue oi'ihe Pwpehy imtnedi:�tely ---
<br /> ��.'� 3 . before the taking. Any twlancc shalt be paid to&xrower. In Uhe eveM uf u p:utial takiog of�he Pa�peay in wbirA �dc iair Y
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<br />-<;�° ' ' � mwkel vulue of the Property imme+kiaqeh�hefore Ihe taking i,lti��.thun Ihe+upcwnt oi'the wrtu xcu�ed imn�edi:uel�n c�fonee�he f'"_
<br /> —=;.�'�, . toking, unless Rornc►wer ww!Lender�►tficnsise ;�ya°e in writing ur unless app�i�cuble I�w dhenvise provides.lhe prcw��shall �,._
<br />µ_�.w�� ���� be applied to�he sums secured by thia Secudq• Instrunxnt whether or rwt t'hc���n�ure then due. _
<br /> ' �� • If the Property ia ubandoned hy aorrox•er,or ir,afcer notice by Lender tu Bnrrower that the�yx�.�uar�ffer�tu analce an '
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<br /> __ i�t�° ;.: ' uward or seple a claim fo�damuge•. 8urn�N•ar fuils ta respnnd to L.ender wi�hin 3Q dayc a�tiec thr date the naticr is�iven.
<br /> - �'�>�`•' � �' l.ender is auth�+rized�o rnllect anJ:ipnl}� �he proceod.s,at its aption,either to restoration ur rwpuir af th�Property or M tde sunu
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<br /> _ �' - secuted by this Se�vriry ina��un�rut.��i,ciha i�i ;;ot tls:n duc. _.--
<br /> �;��' ,� � ^ Unk�ss I.ender and Borrower atherwise Agree io w�iting, uny applfc�tion of pn�ceods to p�inra}�al shull nnt extend or �;
<br /> ' T' ;'..��� 'ti. postpc��e the due date af the moothly payrnents referred ta in paragrophs I and 2 or chunge Ihe umount of such puyments. �Y''
<br /> 1�' Ir• 1 a,9ornnwer Not Rele�w.�9;Torbear�nce By I.ender r�t w Waiver.Extensian uf tfie time fi�r payment u�mc►�iCcatian
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<br /> � ��' ,: ._;• of anwrciration of the�ums srcurecl b} rhis Secu�iry Insttument�ran�od by Lender to any xuccessor in interest of B��ruv+er shall
<br /> `°' � 1 ��°r� not rate to relenr.�Ur�IiablNt at'the ori inAl 8orrower or Borrawer's successors in imerest. Lenda�slwll not be nyuired to �"=
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<br /> ".` � •'i�t�t` �.• mmmcncc praccedingr against any successor i n interest or refuse to extenci lirne ior payment ar otf�rwi,e modify amoniwtion
<br />- �� �'� •`� • �`�'��F't� oF the sums secured by this Security Inslrument by rea+on of uny demand made by thc original '�orrower or &►rmwer's �-
<br />='�t1�: • �r$%°'" �`' successors ia intercst. Any farbeuvance by l.ende� in exercising any right ar remedy shull nat be a wwver of ur precluJe the �--
<br />� �^ n '� `���'��'=; exerclse of uny right or remedy. �.
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<br />—��:�;__.:. _ _ 12. Successors and Asslgns R�wndt Ja�iat and Several l.i�bility: Corslgners. '1'i�c �Y��•e�:ar+as und ugreemenG�of this
<br /> �, ;�.'j��'�,��: Security Inr,tniment shall biixl and t►enefit ihe<u.cesu�n und Assigns �if Lrnder und &�rn►wer, xshje..n to the provisions of !
<br /> , �,•., ��;,�; �� parngraph 17. Borrower's covenants und agrs�cments shull be joint and seveml. Any Bornaa•er wi►n c�.-rign.r this Security �_;
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<br />°=:t..� '•y;;.;��•� � Instrument but dces not execute�hr Nnte:luf is cu-.i�ning tfiis Security Instniment only to mortgaec. grant nnd canvey thut .,�:�
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<br /> •� rv-� Bormwer'c interest in the Propenc under tl�terms of Ihis 5ecuciry Insmiment:lb)is nut peraorwlly ohligated to��y tht sums '�/�
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<br />�:'�'�`�' �„"" .� �.F;. secured by this Securiry in�trunknt:and lc�ugret.thut[.wideT anJ ary�ri�er Burcuwr� mu� u�ter t��ext���l.u�u�l(fj. i�,rhear��r
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<br /> make any accammods�tionr with regunl d�thr t�erms of thi+Securiry Insaument or the Note witfiout Iha•t&�rmwer's runsent. �"�
<br /> '• '�� ... ';:����;r�:i..; 13. I.oan Clwr�es. If the Inun s��ureJ b�•thi.Scrurity Im�rumcnt ix�ubject to u luw which xe�s niazimum loan char�es. �'�`
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<br /> jti{�: „j and that luw is finully interpreted�o that the interest��r�►ther I�ian rhurges cullected or to he collected in connection with the
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<br /> �, ,,:, �. ., fy r��,� loun excecd�he permitteJ limit,,then, lul an�� tiuch loun rhurge,h•rll t►c r��duced hy thr atn��um nece�sary to reduce the rharge �:-;.-
<br /> '��i�:I�`�{ Y* • to the permiued limit:a�xi(b)am. sum. almady cullect��l 1'rom &�rmwer whinc�xca'de;t F�ermiped limits will be refundeJ to �
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<br /> I��' � � Born►wcr. l.endcr mu ch��se tn make ihi. r=fund b reJucin �h� �nci al oweJ wxler �he Ny�te >>r b mukin� u Jirect E'�
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<br /> ' ,•�i. •'� pnyment lo Bormwcr. If a refund nducc+ prin:ipal, thc reduction will tx treated a� a punial pr�payment without any
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<br />.,� ,,,�, � „ ,-j.�� '�. ' PnepaYment chnrge u�uler the Note. �
<br /> �°•�`,'4 ��''"�"•�" ''�''•'•'°• �S.Notkes.Any nntice to B��rrrnver pmvided fiir in thi�Security Ins�rumcnt xhull Ix given by delivering it or hy maih�g
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<br /> .�.;;. , '� w�.; sr•1 it b� t7r�t cluss muil unless appliruble luw require,u.re of unothcr methckl.The�x��irc.hall lk Jirerted tu�he Propeny Address
<br /> �� '"" `�3��'�'' � "� � or uny other adJresti Born�wer JrYi�nate�hy nrnice to I.Qnder. Any n��tice tu Lcndcr �hull be givcn by first class mail to
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<br /> ��� � "���� , ::,�,: Lender's udJre�s +tated herein ur uny ��ther;dJr.�� LenJer d�hi�nr�cti hy notice tu Borr��wcr. Any n��ti.e pnwided for in this ��
<br /> �.:���. �� ` . `'� Security Instnimem shnll hc dcemed tn huve heen�+�cn a►&�rrawcrur l.cndcr whcn given a,provided in this pan�gr�ph. _:
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<br /> :';� �•:•`.�,•j.1.}a�:};�•;���' l5.Governin� law; ��•erabllitv. 'fhiti Securiry Instrunxnt +hall Mc govcrn��l by feJersd law und the luw uf the
<br /> '• ' �'t�'��',:`� juri�liction in whirh th�: Pmpert;. i. located. In�hc event that any pruvi�Hai ur rlau.e ul'Ihi+S�tiuriry Instrument��r the Nae `'-
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<br /> ,a ��`�s�}�j,ta,:.' ennflirts with upplicuhle luw. �uch r„ntlirt�hull nut al'1'�ti�uther pravi.i�m,nf thi�Security Intitrumcnt��r thc N�ne wNich r�n be �,:
<br /> . .��.•:;�r,:,�,,;�,�;:} given effect withi�ut thr ronflicting pmvi+ion. Tn Ihis cnJ the pm��i+iun. uf thi+Scrunty Imtronknt and the N�HC ure declond
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<br /> �.�+ + ,' ��, , 16.Bormwer's Copy.13��rroN�er shall Me given one a,nf��m�rd ccipy al ihc Nwr und nl'thi�Srcu�ity Inrtrunxnt. �'T
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