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<br /> J� � p�ymema�y na longcr be roquirod.At�hc optian of Lxnder.if m�ngupa insurnnce coverage lin dw:wn�wM ynd for thc perind
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<br /> �..— tlu�t t.cndcr n�quiresl pmvidod by an insurcr App�aved by Lcnder Ap�in bea►rncy�vuilA6lu a�d ia c►btaincd.Barrawc�r;hai psy --,
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<br /> �he p�miuma roquiisd ta maintaim m�ngAgo iiauf�an►e in effect,or to pmvidc a loss rcserve,until�he rcquiremcnz nr mn►tgage ..
<br /> inwran�e ends in AcoondAncc with any written agroement betwoon B�rrowcr und Lendcr or applicahlc luw.
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<br /> 9. lacpectbn.L,ender or ils Ageat muy mukc neau+nuble ent�fes upon nnd inFpoclions��f Ihc PmpeMy. Wnde�rtwU Qivc
<br /> -_ 8omc�wer mtiee at the time af or p�lc►�ta an in�pection specifying rcar,c►nuble caune for Ihe inspection. _V
<br /> - - 10. CondeattwtMn. The praceeds af any award or claim for demages,diroct M conrcqucnlial. im m�neclinn with uny �
<br /> " -' _ _ ea�dem�wtion or other takieg of Any purt of the Propeny.or far oonveyance in lieu of cnndcmnatian, are hemNy a�a�igned and --
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<br /> shall bc p�id to I.endcr. �,i,-
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<br /> ' . „ , In�he event of u tatol wking af�he Pmpeny,the pmcoods shall be upplied to the sums�ecun�by thiti Securiry Insttumenl. -
<br /> - � whether or nat tbeo due. with Any eaccss paid to Barrower. In the event of o{wrtiul taking of the Propeny in which�he fai�
<br /> '�±^^ �^`��� muket value of thc Property immediately before the wking is equal to or grcater thun thc amount oi the sums recurcd by�his �'
<br /> --- t �'.����• Security Instrument immodia�cly befare the tukiog,unlesa Borrower and l.ender athenvise ugrce in w�ting.�he sums s«:ured by -�'=-
<br />__'-�,� 7Sxn:, AA:_ �hu Securiiy Inurument shuil he reduced by the umount o(�he praceeds multiplieJ by �he following fmc�inn: la! Ihe ta�al +:° -'
<br /> --.�"-,..Y: :.. •
<br /> _.-s�,���,• ,umount of the wmati secured inur�ed'wrety before�l�e takin�, divided by Ib1 the fair market vAlue ot'the Propcny immadiatciy � .
<br /> °'�:� - '�•�' befo�the leking. Any balan�e shall be p+id �o Borrower. In the event uf n purtial tuking of the Pmperly in which�he i;ur �,.�_.
<br /> "' � " market vnlue of the Property immaliately beGxe the taking is lesti than�he amount of the sum�ticcured irnn�l i:ue ly h e i'i�rc t h e -
<br /> �� +�� •,:'
<br /> �^'�-�^_=�'"�`o takin ,unlesc Barrnwer and I.ender ahenrise ugree in v►muing or unless applieabls law otherwiee provfdrs. �he prac�x�l>shull -
<br /> - • �'�%t���'�'`.' be applied to the�ums se�vred by�his Secu�ih�Inst�vment w4�.tt•cer or not the sums are then due.
<br />-�'4 '� ' ...` Ii the Property is abandaned by Bonuwer,ur if, aQer naire by l.endet to Borrower that�he condemnc►r uffe�to n�c:m
<br /> °:'� award nr s.Kd�a claim for danwRes. AornrL:r�Y E�.nls to rrspond to lxn��e�r withio :{0 duys ufter the date the �otice is gi�•e�. —
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<br /> ::..•..;, '• • s L,ender is authorized�o callect and apply the pa���c�is. ut its optian.either to restoration or tepair of the Pmpeny or to Ihe.uaaes ..
<br /> :: •,." y.; . ��,..,'�`�`x_, secwrad by this Secu�ty Instrument,whether or not thea due. ^,;
<br />'":�;`;�' • ,... tl�less Lender and Borrower otherwise agrce in writdn��. any Applicatwn of proceeds� to principul shull n��t e�cte+eJ o� •,:_"
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<br />''•:, ,,�i ,. ,,.� .� '..r r, pustpune the due d�tc of thc monthly payments referred to in paraFraphx t �nd 2 or chunge the wrawnt of suc paymeuts. _�.:�
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<br /> .�`���"� 11.BornaW�r Vot Released:Forbearance B�l.ender Not p�'1'�ic�r. �:xtension of the time for paymcnt or modificutiar �.•�
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<br /> -,;?�� �r��� of amortiration of'the suma securod by thiti Securiry InrtnimeM grantecJ b;r S.:nder to any sucressor io iote�est of liorrower shall �_;v
<br /> •�'•;�r':,. ';��`�;r�, not apernte to release the liubili�tp of the originul Bamnwer u�&�rmwe�+ru.tessors in iMerest. L.ender shull nut be required to "
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<br />' +:s '.�;t l; �:•;y.c;;;,, rnmmence proceedings againsi au;. succezsor in interest or refuse�o eztenc!dme for pa4mrnt or otl�erwi�e mi�dify umonizution �::_
<br /> �,��i � �''�!'�' of the sums secured by this Security In�trument by reason of any demuwal made by tlie original Bonower ��r Borrc►wer's �a_
<br /> .�•'=�+i�� , succes.u�rs in intemst. Any forbear,anee by [.ender in exercising+u�y righx ar remedy shall not be a waiver of or preclude the
<br />-�'_''��`'.�' e�erris=of nny r4ght or remc�JY. !-
<br /> - �;�:t'. ���.�=�fi"` -'" 12. Succecsors and Msi Bound: Joint and Seti�cral l.iabllll . Co-si ners. The rove�uuus and a reem�.�r.of this - -
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<br />';��:^�r ' ' , :.+ � Serurae;• Instrument shull bind unJ benefit the succesror� cuai assigns of Lender und &�rcower, subjcct �o�he p�a���•+nns of :�°;
<br />-: ;;,1� , +� �♦ :"r�,,s=�=:: rn ., h 17. &irrower's cuvenan�s and a �eemems sh�lt tr 'aint and se�•cral. An Borrower who co-,igns thi� �ecurity
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<br /> .;,.,,�. ,�; '�,���•.r,.; Ins[rument but does nrn execute the Note: �a► is ru-signing this Securiiy Inurumenl anly to rtN�ngage, �rs+m uixf comey thut �
<br /> �����r;=' �'� �•���,{S:�'' &n�uwr�'�iuler�st in �I�e Pwperty unJer th� term�.:i'thi:,Sccurity Instrument: tb1 fs not gen�m�!!1•obligated to pay the sums
<br /> '� ' �'�i'�"N�� secured b Ihis Securit Instrumen4 and Ic1 u ree�that Lender und an �xher Bormwer ma a ree lo exlend, modif' , forbeur ur '"
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<br /> �� ,r;,t.�,.��'.,�:;�r°,., m�ke any ucrnmm�dutions w i��n reg�rd ti►the trrmti of thi�Security Instrument ur thc Not�withaut Ihat &�m►w•er',consent.
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<br /> _' ` '�"���'"���1�;•'' 13. I.oan Char��.w. If Ihe :��Hn secured by thi,S�ruriry Instrument i�suhj�k� t�►u luw which.ets maximum loan charges,
<br /> =-`•= . " '���,�'.�-: .. und that law ix finally interpreted.�� diut th� i��erc�l nr�Kher loan chargr�:ollecteJ or tn be collected in cannection with the
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<br /> a�.� �•:�:_;',;;��::►�'t'�?� loan exreed the permitted limitti.�hrn: (u►u�j•, +u.h I��an charge.hull t+�r��".ur:d hy �hc am�iunt n�eessury to reduce the charge -:
<br /> ;, •'�'�''„� �'� to the rmittud limit:and lbl an tiums alrcud u�llec�ccl f'rom 8um�arr �ti•hich exceixicd permittcJ limits will lx refundeJ to M
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<br /> ,�¢' � •�.i- J'.�i� p?�`��j s eonower. L.endtr may ch�x►se ta muke thi, rrfwxl by re�Iu:^ng the prinrip•rl �iwccl unJcr �hr Nate or by n�l�in� a Jirc�:t
<br />;:��r."', ., "��`&'�it���`°�'"t:� ` payment lo Borrower. If u re��::�J reJu��c� principul. the ^::iu�uY�n a�iii be treut�vl •r. a p�ttiul prepayment w•uercout any
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<br />.,�y,t,t,,..�•• :, o. • . ;.tt;�;�. prepayment char�xe under thc N�te. .
<br />�::;:t��• t '-�'` ' - r`"� :'� . 14.Notice,. .an nntice to Aorrower ruvidai for in thia Scrurit Is��t�:u�:hrn�hull be i«n b} �.!•�liverin it��r hp mailin
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<br />..��'!'�.,�'�r�r` -,�.:•..;�-.!�' .:�:`.,'•,�'_ : i�bs Grst clusx mail unlexs nppli�uble luw reyuirc+ u.c of uax�Ihcr nxthixl. 7hc rN�lirc�'�:+11 be Jircrt�d tn thc Pr+y�era} AdJress '�
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<br />::�` , •° �tifr•`�y���i�'"•; , nr ui�; cNher nJdre+ti &►rroKer designute+ by notice to i.er..ler. Any� n�uire to Lrn4•er sha1) 1� piven by fint cL,.. rrwil to
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<br /> ,_ �, ;�;.,fY,,,,.�, ,, l.cncler's addresr .tot��d hercin���r:��� nther adJre,�Lendrr desi�.natc.hy notirc to &�rm«er. Any m�ticc provided for in this :...,,-
<br />��^j�,, ' '�•'`1�.,:� Security Instrument shall he decmed�o ha��e been given to&�rrower ur l.enJcr whcn giccn a�pm�i+:�:�t in �hi,par•rgrupb.
<br /> !.�,„ ' '*r•.„� Severnbllity. Thi+ Stcurit• In+tnrment .hull F+e ��►�•cm�til b• fal�r�l l.�w• und the law of thr
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<br /> - �'I 4j�� �}�`r� juri�diction in whirh the Property is I�xatcd. Yn thc c�•ent that uny pruei.iun or rl•ru.�ut'thia Sctiurit� In+trumem or thr Natc
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<br />_.,, ,, �• ����., , mnGlicts wilh applicablc luw..uch canllirt.rh•rll n�.t ul'fcct nthcr pru�•i+inn.of thi.Srrurity In.trumcm ur th�:Nut�4ti�hirh ran t►e �
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<br />:�:,;':;i'i� .�.,:rl,;�:p�l�i� gi��ra effeit wilhout thr runtlicting pruci.inn. To thi.enu ti�e prori�iuu.uf Utis Sc�urit�• Imtrunxnt unJ thc Nrn�u'�de�lored
<br />'-".;af.= } : � . . . to be severuble.
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<br />.;,.. t.,�_� • t l6.$orrower s Copy. &►rn+u�cr�hnll Fu•Z�iven�►ik r�,nlimnrJ cup�•uf Ihr No�e u�kl ol'lhi�Se.urin lnstrunknt.
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