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<br /> �10y111C1liH Iliily flD I0114Cf I10 YCNUIi'Cti,ttt tl�c uptiun ut'l.cndcr, if nwrt1joIIc insurancc covcruQc(in thc um��unt und far thc periosi ���
<br /> � � ' ihat l.cndcr rc��uir�sl pravldcd hy un iu��urer nppnwcd hy I.cuJc� is�aiti bccomcw avuilable nnd iw abt�incd. 8orrawcr xhall puy �:_
<br /> ��io n��������ipw�•���u►���I q►mnintnin utnet�ya�c inyt�nutde in cffcct,i►r tu providc u losv rexcrvc,until tl�c rcqui��emcnt f��r mu�tgoIIe
<br /> ` _ In+urin�cc cnds fn uccnrdunce wlih uny wdtten a�rcemcm`nl�hlc c��cricy��p�m,i►�`i yP«<��»p°`tl cl E�roperty. l.cnde�'�+hull�ivc ���-
<br /> Sl. Inr�Ez.iUo�u.l.c►tdcr ur itn oBcnt nu�y mt�k�
<br /> ;� '�;.v°
<br /> IRurr�iw�r notiro ut tliu ti�nc�ii'or pri��r tu i►n in:�{icction ipectfyln�rcu�nnnblo cau�;c for thc i�ispcction.
<br /> tU. Cus�dcimintlui�.Tho prcxccds�f any nwurd or ciuim fbr dumngor., direct or conscyucntinl,in connccunn with nny �,Y
<br /> • . _a; candemnation�r other tukin�of uny part of the Pru}►e�iy,ur fur c<inveyance!n liea of a►ndemnz�tion,are hemby ustiignud und —`-
<br /> � -- hhall bc paid w lr.nder. ---
<br /> � '" In thc cvcnt af a total tuking of thc Property.the proceeds Rhull bc applicct ta the sums securcd by this Security Tnstrumenc, � R�__
<br /> ���,�--�� whcthcr or nat then duc.with any cxsess putd to Borrowcr. In the cvent of a paRial taktng of the Property in which thc fair � �-
<br /> t,,,..,�.:� mnrkct value oP thcs Praperty immediatety before tha takinQ is equul to ar�rentcr thnn chc umaunt of the sums securcd by this —
<br /> � � Secudty Instn�mont immedtnte1y before the taking. unlcss 9orrowcr and l.cnder otherwise ugree in writing.the sums securod by ^
<br /> � `;�+� this Security Instr�ament shall be reducat by the umuunt of thc p:oceeds multiplicd by the follawing fmction: (a)the total � __
<br /> ' � ' amount of thc sums secured immediatelv befare chc to ie8•I i���ent of�a partiat taking ofu he Propertryp n Wh�ch he fair =
<br /> • � before the wking. Any balance shall be patd ta Borr _>
<br /> • �'�'r•�"�'!�' m;uket v�lue of the Pcaperty lmmedtutely bcfore the taking is less thun the umount of the sums secured immcdintely befare the _ _
<br /> tatcin�, unlcss Borrower and I.ender o:herwise agrec tn wdting or unless applicnble law otherwise provides, the procceds shall —
<br /> ', �.�• be upplied to the sums secured by this Secucity Ins1n►ment whether or nat the sums are then due.
<br /> - �"�..�. If tuo Property fs abnndoned by Borrower,ar if.after notice by I.ender to Bonawer that the condemnor offers to mnke ur► e
<br /> .,.,�.,, , awurd ar settle n clafm for damages, Borrower falls to respond to Ti..ender wiUib► 30 days aftcr the date the nntice is gtven. _
<br />: � , ` I.ender is nuthorizal to collect and apply the pmceeds.at its opttan,either to restoration ar mpair of the Property or to the sums
<br /> �� secured by this Security Instcument,whether or not then due. y
<br /> Unlesa L.ender and Bortvwer otherwise agrce in wr�ting. any npplication of praceeds to pr�ncipal shull not extend or �•-
<br />>, ,:,.,_�•�, ---
<br /> pastpone the due date of the manthly paymenu ceferred to in parn$raphs 1 and 2 or chxnge the umount of such payments.
<br /> ':'�.c-�-�.I 11.Bormwer Not Reteuqed;Forbeaa�ar�ce By Lender ldot a Wuiver.Extension of the c�me for payment or madificatian ��-
<br />�;n;;;�;r,�,r� of umortlration c�f the sums securPd by this Secudty Instcument�ranted by Lender to eny successor in interest of Barrower ahatl _
<br /> " ' not operi+te to rzlease tho�iub11itY of the arigtnal Borrower or Borrower's successors in interest.Lender shull nat be required ta --
<br /> i
<br />•�4c}°i�.: —
<br /> ��- commence proceed�nBs agatnst any su�s�n�ttit b���on�f tu►y demand mede bynthet origt al Borroweri o Borrower's
<br />-_�'_,':tr,','; .
<br /> �d o6 the sums secured by tl�is Securiry Y
<br />-�;'�:-. �uce_a,�rs in lnterest. Any forbeumr►ce by I.ender ln exerc ising any rig h t o r r e m e d y shali not be a wa�ver af or preclude the
<br />-��;;t"''"� }� exercise of nny rlght or remedy• —
<br />.,w,�_L����!�J GrsiAners. The covenants and ugreements of this
<br /> ,:;,f ,., 12. SuccesROrs s�nd Assl�ns Bound;Ja9n2 and Severa! L1A61lity;
<br /> PFE',�3{ �t Securiry Instrument shall bind und benefit the successors annd assigns nt Lender and Borrower. subj�ct tn the provlsions of
<br /> `�1`"��Y�T ra h 17. Borrower's covenants urtd ugreemcnts shuU be joint And several. Any Boaower who casigns thia Security
<br />-�1���� Instru en2 but das not execute the Note:(a)is ca-signtng this Securtty Instrument only to mortgage.Sratu and oonvey thnt
<br /> �_-,-��,,��;�,� Borrower's interest in the Propeny under the terms of this Secadty Instrument;(b)is not personully obliguted to puy the sums
<br />::F,�.�,���,�� secured by thia Sxurlty Instru�nent:tu►d(c)agrees thnt Lender and cury other Borrower m.ny agree to extend.modify,fo�epr or
<br /> ,;�:�.;�,,�-�;� make any nccommodutlons wtth regcud to the terms of this Secudty Instrument or the Note without that Borrower's consent.
<br /> --::��,�. 13.Loun Charges. if the toan securcd by this Security Insttument is subject to a law which sets muximum loun churg�►.
<br /> """'°� und that luw is finalty interpreted so thnt the interest or other loan chnrges callected or to bo collected in connection vuith the
<br /> loan exceed the permitted limits,then:(a)uny such loan chorge shull be re�duced by the nmount necessarY to reduce the ehurge
<br /> - to the permitted Iimit:nnd(b) uny sums alh,adY collected from Borrower which exce�ded permttted limits wfll be refunded to
<br /> J Borcower. Lender may chaose to make thia rePond by reducfng the principal owed under �he [�ote or by �aaking a direct
<br /> _ _� payment to Borrower. If n refitnd reduce.g principal, tho reduction wlll be treated as u pa�Zal prePayment wlthout any
<br /> prepayment charge under chc Note.
<br /> 14.Nottees.Any nottce to Bonawer provided for in thia Securiry Instrument shall be�iven by deltvering it or by mntiinII
<br /> _=_=_ tt by first closs mai� unte.ss aPplicable law require.c use of�u►other msthod.The rtotice shnll be dinecc�d to the Propetty Address -
<br /> � or any other address Borrower designates by notice to Lender. Any nodce ro Ixnder shall be gtven by tirsc class muil to
<br />,_';'�-�� Lender's address stated herein or any other nddress Lender designates by notice to Borrower.Any eatice provlded for in this
<br /> -��-- '`'""'� Security Inatcurnent shatl be deemed to have been�iven to Borrower or L.ender when given as providcsd in this paresgraPh•
<br /> ---- iS.Governtn� i.��v; �vcrablU3y. This Se+cority instmment sliull be govemed by federal Iaw und the Inw of the r
<br /> -_____°`'�;:i?.� jurisdictlon in whicb tho Prop�riy is loratcd.In tlse event that any pmvision or clause of thia Securlty lnstmment or die Notc
<br /> -- .�� confitets with applicable law,such conflict shnll not nffect other provisions of this Security Insuument or the Note which can be
<br /> ��`� given effect without the canf�ieting pn�vision.To this end the provisions of thia Security Insuument und the Note nre doclared
<br />_'?r�, :- � t to be sevemble. � of the Note nnd of thls SecuritY Insuument.
<br />- -��"r��•:�, 16.lSars�wer s Copy.gorrower�h��D�e�iven one con�ocrosd oaPY
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