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<br /> . •t e o tion af l.vnder, i4 �nottgn�a insuranco coverago (in tho amount and tor �Tio ptrIud thnt I.a hvT romtursn��
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<br /> ' provIded by an insurer apprnve�by Londer o�nin becomca availab1e ansl le obtuined. B�reotvar c�hnU pay p , ,
<br /> " � requIred to r�snint�in mart�;age insuranca In cfPect,ar to pmvtda n la�s ra�orve,until tha requicament�ar re►ort�a�o
<br /> ' ineueance enda in accordanco aith nny��ritten aBreement bat�ve�sn Borroa�er nnd L�ender o�npplicublo I�w. t ,: .
<br /> . q,I�nop�stion,Lender or Ita oBent mny mnke rensonnbte onteies upon nnd jnspecttonn ai the I'rope��ty.I.endor c�hnll
<br /> � give Borrowur natice at tha tima oi ar prior to on inepection eFectfyinQ reusonnbld cnusa for th�inspeadan. ,.,
<br /> ip,Con�d�m�ntiom.Tha pmceeds oY uny n�vntd or clnim tor dumo�es�direct ar consequenNnl,in canaeati�n wlth
<br /> � ony coademnatian or other tnkin�oP e��Y part ot the I'c�oparty.or for conveyance i+n lieu at candetnnnttan,ora her�by _
<br /> � �` i nsslgned aad eha11 bo patd to I.ender. -
<br /> �� In tha evQnt of n totnl wking oP 4he PmpartY�the proceeda ahnll be opplied to tha suma secured by this Securlty
<br /> '-•�%"���� Inntrument,whe4het or aot tAen due,cvlth nnY excess paid to Borrotver.In theevent oi o partiul wking of the Property tn
<br /> � �` � Nhtch the ioir market v�lua of the Progerty immedtutely b�fore tha taktaa is equat to or grenter than tha asnount ot the �.:
<br /> soma s�c:ured by tht�S�curity Inetrument imrrnedlately before the wkin�,unles3 Borrower and I.ender othercvise agreo �*;_�
<br /> ;��v�ttAB�thg gums secured by thIa Securlty Inatrument ehn11 ba re�uced by the am�uat ot the pmce�da multtplied by �L�
<br /> the follawInII 4cactton:(a)tho totnl amount of the sume secured immediately�fore tha tukirn�,dtvtded by(b)the fair ri:��
<br /> market valuo oY tite Property ImmedIutely before tha tokina.Any bulnnca s inmm�at�el before tho triki a is less thtu�
<br /> ' part;nl taktng of the Property in c�h�ch tha fuir market vnlue of the Property _
<br /> '' the amount of the eume secured imrnediutely bd�6 p�ah 11�be pplied�t t hsumes socured by�s S:curtt3► �;
<br /> � or unle� applicable ]aw otherwiEa provides, �
<br /> InstrumeAt Nhether ot not the sums are then due.
<br /> . ' I@ tha ptoperty ia abaadoned by BorroNer.or it�nftor nodce by Lender to Borrower thnt the condemnor ofearn w ,
<br /> �' m�o raui awnrd or sattle a c1ulm Por dnmagea. HorroNer?sile co respond to Lender within 3Q days after the date the
<br /> ..�.�.;�.`' ��'. ao�3co�.o given.Lender ie autteor3zed to collect and opply th�gmccede.at ite optioa,eIther to restorntton or cepair of the ..
<br /> pruparty or to the sums s�ured by this Sscurity Inatrument��vhether ar not then dua. �..
<br /> : . Ualcss I.eau dflta of he m nt�1dY PIIY�;�f���to in ParagraPhs lpana 2°r��huua8a tha�°mouat o su h
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<br /> !�'-'���t'� �D. 13onowor Not R�I�msed; Forb�aroaca By Ifre�dor Not e Naiver.Ei�asion o?the time for payment or _-
<br /> '���'�i�:",;�•,• mouiiC�cation of amortizxtion o?tha suma sacured by t9�ia Security Instrument gsm�►x�ed by Lender to uny suacessor�n �
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<br /> � interest at Bortoaer ehall not opernte to selease the lismiliry oi the��e����Q nte,�st orrref�w oxtend -
<br />_ �� inteTe�et.Lender ahull aot be required to cros.�rne�►ce proceedin�e ogui --
<br />'::�-5��;;.' ' tieczv II�r paymont or oth.!erwise�mrratwer or Bamower'�4�g ece�sora�[teresc.Any torbe rance by Len�rin exerclslag
<br /> 7!� -' KCICL3ut�ai+fi�Ci t3j L�2H t?YSO-lLA-
<br /> ''',t'�ti: any r�ght or remedy ah�ll not bo u w�iver of or procl�er�c��fi�exereise of eay righs or s e�n�y.
<br /> ' •�� .� �, 12.Successore md Assigus HounaA:dmiat eaa7����sl Liab�lity:Co-si$nere.Tha covenentn oad a�reesY►enta
<br />'ry, .. .
<br /> '.��� oi thie Seeurity Instrumeart ehalf bi�nd enrb ta�nefit the�uccessors ar�d ass�8ns ot I.ender u:►d�rcowor.subject tc>tha
<br /> �_Y,r:�;,,:Y ptovlsions of paraBrePh 17.BorroNer's covenunts nnd a�ttecssmente sh�11 be jotnt end soveral.Any 1�mrrower who co si�ne
<br /> ��t:;,:. . t�h._��eourity Ynsuument but does not execute�the Note: {aI ie co-st�ntn�this S�udty Instrum�nt only to mort8ag�,
<br /> ai.�.�t�,t;_+;,,' '' � �,m��►t and convey that Bomn�va's interest in the Pn��rty under the terms o4 Ylzis Securlty Iastrument; (b� �s not
<br />-%��'<�' 'r••� pessnnslly obligs►ted to ps►Y 8h'=sums sacure�by thie S�caudty Instrun►et�t;�d G����i0�thnt Lender aud any�ather
<br />`•�'��'!��'�'��•u� Bor,rower may agcEe to estead.modify.forbear or moke any nccammadattoas witii���ard to tha terme of thIe SeourltY
<br /> -= `�` Inswmeat or tha Nats without thnt Borrowec''s conse�►t.
<br /> - `;�"'�"' � 13. Loaa Cha:y�es. If the lonn secured by this 3er.urity Insuument is subjact to a lnw whieh seta mexlmum loan
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<br /> __"..�tt�_,. char�es:and thnt lua is finnlly lnterpreted so thnt the iaterest or other lonn chnrges wilected or to be collected in
<br /> .'—_�--��_°ff-� conaectton alth the loan excced tho pe�'mitted limiss,th�n:(o)any such loan ch�uga shnll be red�ced by the amount
<br /> -F-�.;�,�i ��y � �uoc� ths charge to tha perenitted limit: and (b) saY sume nlres►dy coUeated 4rom Botrower whiuh
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<br /> ...�s�>>:?�31�3'-� eYCeede� permttted lim?ta wiil be refuncDa� w Borco�rer.Lender map choosa to make this refuad by reducta�tho -
<br /> -'���""'=T�'�� princ�pat owcd undet the Nots or by mc�tci��direct paYment to B�rrower.If a refund reduc�principal.the redvction
<br />-�•�T�;�w'� � raeat without a�y prepaYn►ent charge uadar theNote.
<br /> _.. �<.y atll ba treated an a parti PrepaY
<br /> "�`'=";1 l4.Notice�.Any noti�s to Borrower pmvided ior in this Se�urlty Instru�nent ahWl be gieen by deltveting it or Dy
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<br /> -�'� meiliag it by tirst cless mnil unlr�s appitcable law requires use of enother metAnil.Tho notice shall be diracted to Lfio .
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<br /> :'`�`�`:^��;.� ProParBY Addcess or�►Y other addre��orrower designatas by notice to Lender.�ny nottce to Y.eader�shall t�gi�rs�fiy
<br />---:�%L'~-'^",�� firat ct�tnail te Lende�'s address stnte�herein or eny other address Lender desi�n.atea by notice to BorcoHer.r'�.g
<br /> ------_`'.-`",� aot�oe prnvidod tor iA ttds Security Insuument�;huIl 1x:ctxiitcd to ha��c�eett �ivc�rt to�rn+we.r or Lender ahen A�vett `
<br />_�:�;;;,::�:"-�--� as provtded In this paragrePA.
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<br /> �-.������r 1S.Qovern{ng I,ase;SovArability.Thie S�xurttN Inotrument shnll be�overned by federal law and t�h�e law o tho
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<br />;_f;:�;����,�:.��Y:.; , ' jurisdtction in which tha PropertY is locaterl.In tho evrnt that any pmvision c�r c1:�usa oi this Security In��iment ar t e
<br />,==.::,;,.;;;�_..... Note oonfliata cvith npglicsblo Inw.such ca:titilct ehnll°sI at To this end he pmvis�o;ns of hia�urity Inetrument Tnnd
<br /> .. .�:' which can be}Tiven eftect aithout t4ta oa-�?li�c8'ss�' �ra
<br /> _ , . tt►e Note nre d�clae+ed w he oevernbla.
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