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<br /> '' paym;�nt�m�y no l�ngcr b�rcquit�at.nt Ute uplion uf Lendcr.if martgage insi�rancc cavcragc IM tho mnciunt nnd for thc pariud
<br /> `�' thnt l.cnd�r rcquim.sl pmaided by an 8nsurcr i�ppravcd by l.cnd�r o�uin bca►m�:s nvuilublc nnd is nbtuinctil. Bornnvcr shnll pay =
<br /> r•. the preniium:�reyuired to mafntnin mo�tpnIIo insuruttce ia effect.�tt to pmvidc a loss r�scrve,until thc rsquireni�nt fiu ntnn�u��
<br /> � ,., insumnce rnAs in urcordattre with nny�v�itten Qprcenirnt hrtween Elorravrer and Lcnder ur c�pplicable Inw. -
<br /> " 9.irt:��xrtEot�.l.ertdcr c►r itH o};eut mny nk�ke ren4nnable entries u�run und inr;p�ctiaag of the Pmpcny. Lender tihall�ive
<br /> [3�arn�wcr�nticc ut�hc dinc of ur prinr tn nn ins�scctinn ti�sccifyin��rcusonublc causc fc�e thc inspection.
<br /> � `� 10. Coadcmnnt�on. 7Y►e pracsr�is of nny uwnrd i�r claim fiv Junu�Bcs. dircrt ar cnasequcntiul, in connection with cu�y
<br /> .. " �• � Mmdemiunitin or nlher tulcin�t ot'uny part ai'the Prn�erty,or fim rnmeyan�r in Ueu of ec�rtdemnatian,are.hcreby a�signed cind =
<br /> . . ., shnll hc pai9 to I.,cr�dcr.
<br /> � " ��'� In�hc evcnt of o wUd tukinA of the Properiy,thc prnrceds shrll be upplic.d ro the sums stcur�d by this Securiry Instrument,
<br /> - a whcther nr rt�nt then due, �rlth uny excc�s Rald to Borrower. In thc event of u p3etiul taking of the PropPrty in which the fnir
<br /> �:�."��� . murket vnt�e af th�P�oQer�y immediutely lsefore the tnlcin�is es�ual tn ar greater thun the amoant of the sums s�cured by this �
<br /> �• � • Sccurity Instcuinent immediutely before the wkinII,unless Borrowcr nnd I.ertder athQrwi�e agc�ee in�vdtinII.the sums srcutcd by �
<br /> ' .���� this Sccurity Inst�umem shnll be reduced by the amount of the pruceed� multipliod by the fallawing fr�cctinn: (u) the total - @
<br /> �• mnount�f the sums sccur�d immsdiatcly befor+e the tuking. divided by (bt�e fuir market value of the i'rapeny immediutely �
<br /> � , ' �, befom the tukin�. Any balartce�1iu11 be paId to�ortower. In the event of a�a�tiat taking of the Property in which the fair �
<br /> ` ' market value of the Pmperty immediutely hefare the wlcin�is tess thnn the amannt of the sums secured immediutely before tiie �
<br /> � - u►kinII.unlcss Bflrrower n�zd Lender otherwise nBcce in evriting ar unless up�licable luw othenyjse pmvldes.the praceeds shnll
<br />_._ ;„��':iz,� be applie�to the sums securad by this Securiry[nstniment whether ar not the sums are then duc. �
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<br /> - ,���:,�j Y,. lf the Property is abundoned by 8omawer.or if,uftcr notice by L,cader to 6orrnwer thut the rnndernnor o4'fers to ma4:e nn
<br />-�'�� ativard or s�itle a ciuirn for�latns3ges. Borr�wer f�ls ro resp�►rul t� I.eader�zri�hin 30 days utter the dute the natice is given.
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<br /> __���r [,ender is uuthorized to oolteci und apply the praoeads,nt its option.etthar to�ssarretion or repair of the Property or to the srms
<br /> __ �` �, seruted by thia S�rity Instrument.whether or not then due.
<br /> � � Unless Lender und Bormwer othenvia� t►greP: in writing. uny +ipplicr.tion of pt�eds to principal shall nos extend or
<br /> :'`_►ril::——
<br />_-:°--.,�,�,,,;, pastpnne th$due dute of ahe rttonthly payments mfemed to in pamgraphs 1 and 2 er chang�tt�E rr�aunt of such pay�tents.
<br /> • ����?� ll.B�rmt1er Not Etelcase�I�orhearnare IBy Y.�nder Alot o VYalrer.�xt�r+sion of the ame for payment or�rtodificauon
<br /> -'°'•r,:'�{_� • of amortization of 1he aums secu�ed uy this Securtty In�wment granted by Lend�r to ony suoxssor in tnterest of Bornowet shall
<br />°-='�-� � noi opemte to release the liability of the original Borrower o�Borrower's suooessors in inten�. i�ender shall not b�required to
<br />-`-�-;;�E,'�, oammQnre pmce�dings oIIainst any suc+oes.sor in intemst�r refius to extend time for payment or olhenvisc modify amortlzntion
<br />�'�..�.r' of th� sums s�utod by this Sea►rtty Insuurnent by reason of any demand m�de by the original Bormwer or 8orrower's
<br />__`'```,.' suooessora in interest.Any foTbearance by Lender in exercistng any ri�ht or rembdy shall not be a wniver of or pr+ecludP the
<br /> .:�',.;�e�i,.•-= �.*o��ca nf�y right�►r mmeQy.
<br /> ,.T`�-�"h"r"�� IZ. S�car�so�s �M Asslgns Bound;doicl �d SeverW E.iabilttyi C.�grters. The oovenants and agceemenis of this
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<br /> - ."�=� �ecuriry Iastrument shall bInd and benefit the suoocssors smd ass��s of Lender and Bomoaer. subjert to the pmvis?u��s of
<br /> _�.m.',,,��;,,,j� paragmph l7. gorrower's wvenants and agc�ments shull be gui�si and several. Aay Bomawer who oo-signs this Stcurlty
<br /> [nsnument but does aot execute the Note: (a) is casj�n�this Security Insi�ument only to itto�nga. gmnt und oonvey thu
<br />-^���--� $brrower's interFSt in the Pnuperty under the tcm►s�o�'¢bis Sscurity Instmme;tt:(�+�is not personally obliBated to�ay�he sums
<br /> .���,�� sew�ed by this 5�wdty Insnumenh.rind(c)egrces th.at lender and any o�her��amerwer may ug�ee to eactend,modjfy.fotbear or
<br />_ ;r-;��,;;� m.ke any ac�eommodations with regurd to the terms of this 5ecurity Instcument ar the Naie without thnt Borrower's vonsen�
<br />- '_��� 13.Lman C�es. if the Qoan secured by this 5ecurity Ir�ctn►ment is subjeci to a law which sds ma�cimum loan ch3�es.
<br /> - - -�� and that ln�v is finally interpmtc�so that the interest or other loan chnrges cailocied or to be wliocted in oonnodlon with the
<br /> _ R�'`=;� lonn exoeed the�Semtiuod ttmits.thEn:(A)uny such loan char�e shall be re�s�ood by the amount necessary W�dace the�Inarge
<br /> -��n�r'�,�� to the pemuuod limit:and(b)any sums:ilre:tdy oollocted from Bormwer�v�s3ch exeeeded perm3ued limits will be�+efundc�ff to
<br /> ��;;���'�� Bomower. L�ender may choos� to make U�is refund by reduci�the princlpa] owed under the Note or by m�icing u din�t
<br /> ----.-';rs��; paYment to Bornnwer. If u refi�rtd ¢�sduces principal. tha naC�i�.-teon wiil be treated ms �► parttul Prepayment witItau2 any
<br /> _ -_ _ p�ayment char6e under the No2e.
<br /> 14.Wotiacc�.Mp aoYtce to Homnwer providesL fmr in this Se.curity Lut�ent sluifl are given by deUvering it or by mailin�
<br /> - it by first class mail onless uppliceble Inw requires use of another methad.7the nID2eoe shall be dic�eted to the Property Address
<br /> - ar any ather oddrESS Borrower designates by notice to L.ender. My notIoe to L.ender shnll bs givea by fitst class mail w
<br /> =--- -�t',� Lender's address stated herein or uae�y oth�r address Lender designates by notice to Born�w�r. Any notice pmvtdod for in this -
<br /> - ------ Sdcurity Instnunent shn(t be deemacQ¢m 6nve been�iven to BomuwPr or Lender when givee�as provIdod in this paregr�h.
<br /> - ---— �- 13.Govermi6g [s�8v: Severnbillty. '11tis Security [nstsununt shull �e govemed by federsil law and the lav� of the
<br /> ` -- 1urisBiction in whlch Q:e �Pmperty is locnted. in the evem that any prc►visiun or u�ause of this Secudry Instntment or the ATOUe
<br /> _ = oanflIcts witl�appiicable law.sueh conflia sfiall not aft'ect olher provisions of Lh�s Sewrity Itut�ume�n or the Noie whtch can be '�
<br /> ��_ given af6ca�without the oonfliextn��rovision. To this�nd the ps�vistons of thi�Security�:�rom�ment und the Note c�x�e dacfated
<br /> --v._— to be se���le.
<br /> _- __-° I6.lTomower's Copy.Borrouer shuli be�iven one oonfom�ed oc�y ef e:�e Note and of this Secwrity Ic�smimeat.
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