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<br /> • payments may no Yanger be r�equin:d,ut tho opdon of Lender�if rrto�tgage insurnnw covemge(in ihe umounc and for tRe gerlad `
<br /> that Lercde�requires)provtde�by an lnsurer nppmved by L.ender egein becomes nvallubla�nd is obwUeed.Boirower ahNl pay tho -
<br /> premiur�ns e�,quittxl w mainuiln mortgagu fasursvace ia offect,or w provlde a lass reserve,undl the requlrement for mortaago -
<br /> ineurenr,e eads in a�ccordauce with eny wrtuen ageement betwcen Borrower and Lender or appll�ble Law.
<br /> 9.Inspcetlon. Lender or Its 44eat mny make reasonublo entries upon and inspec¢iona of tha�iroperty.Lender shsilll give ;.:
<br /> Burrower notice at tha time of or priar to cn irispecdan specifyIng reasonable cause fQ:the inspecdon. •
<br /> 10.Coadeamation. 'I'�e proaeeds of Any sward or claim for damages. direct or consequendal,in conaecdan wI►h any
<br /> condemnation ar otker tt�king of any part of the Property�or for coaveyaace in IIeu of condemnedon.mre hereby assigned and
<br /> eheli be ptdd to Leader.
<br /> In the event of u total�aldng of the Progacty.the proceeds shaU be applted to the sums secured by this Securlty Ius�unaen�
<br /> aheiher or uot ttten due�wIth any excess paid to Botrawer.In the event af a pwrtlal taking of the Proparty In whtch the fuir mArlcet
<br /> value of tbe Property irmnediutely before the�ng ls cqual to or g�eatcr than the a�nount of the smms seciued by thiu Securhy
<br /> Instsument immediately before tha taking,unless�omower and I.ender othervviso agree in wriw�g, tke sums s�by this
<br /> Security Inswment s4all be redncod by the amaunt of the pr�eds muldplfed by the following fraqlon:(a)ths toml amount of
<br /> the sluns socured immediately befare ttce taldnB,divIded by(b) the feir market valus of tke Paaperty imraedfately before the
<br /> taking.Any balanae shall be paid w Harrower.Ja the event of a pa�tial mking of the Pmperty in wh�ch the fair madcet valuo of the
<br /> PlO�Tl3i 3�AA'!�(IISICIy I)Cf02�8 H[B t�CIA$ J9 1G�3 thBA WB SA201IAt OY fli8 S1UA8 SCCUICd �AlA1�t133IC1y I�016 t1t6 �g.nnless
<br /> B�m�res ea�Lese�cr othcrwlss e�!n wrIting ar nnless a7�glic�ble!aw otksr�srL�e pmvi�ss.the psuoer�a shall be appi�ed to d�e .
<br /> sunas sec�red by t64s Ser,�►rity Iastn�meat aheiher or not the swaas are then due.
<br /> If tha Property Lv abaadoned by Bormwer�or if,after notfce by Lender to Borrower tba$¢R�wndemnor offers to make an
<br /> award or settte a claim for damages,Bormwer fails to respond w Lender wItbin 30 days aftcx tde�ate the notice is gives►,Lender
<br /> �S authozlud to c�Slect and apply the P�c�eds,nt its op�on,eiWer to restnlatEon ar rqrair of the�rope�or�o the sums�eured �
<br /> by th�s 3ecurlty Inspcuma►t�wkethar or not then due. •
<br /> Unless Leader and Bormwea otherwlse ag�ee in wrldag,anY appUcattan of pmceeda t,a priud�ai shall not extend oi�ostpone ,
<br /> the due aate of the monthly paym�asts referred to in para�aphs 1 and 2 or change the amow4¢of such paymenta. ;.
<br /> 11.Borrower IVot Reteased;Ibrbenrauce By I.endrx Not a Waiver. Bxtension of the tIme for payraerit or mod36caLion '
<br /> of emo:d�adon of t�a s�uns secur�d by tt�iis Securl�y instnuaenc g�ranted by d..e�der to any successor fn interest of Bomow�r s6at1 '
<br /> noi operate to reteasa the IiabitIty c�the ariginal Houower or Bmrower's succ�ssors in�i�ate�est Leaider shall not be required to
<br /> commeaee uroceedimts aAaiost anv suoces�r tu intere.sc or r8fuse to eateacd ti�ae for payment or othe�wLSe raodi�y amortizadon of
<br /> the avmas sxured by this Secarity Inswment by reason of any demand made by t4e orJginal8on+awer or Bomnwer's sucassors
<br /> in fiterest My forbuuance by Leader in eaercising any right or reme�y sh�il not 6e a waiver of or pr�cluda the exercl�of any .
<br /> rlghtor remedy.
<br /> 12.3naoessors and Assi�n�s Bound;Joint and Sevual Y.fabqityi Castg�ere.Tha covenants and �nents of this
<br /> . SecvrIty Int�ument ehaU bind aad beueSt the suocessors and assigns af Lender end Bont�wer�subjact tn the provisions of
<br /> pacagrapb 17. Bomower's covemtnts and agreetne.nts sLall be joint end severel. Aay.�ar�ower whu co-signs this Sac�uity
<br /> Instrucn�t but daes aot euecute th�Note: (a)is co-signin8 8ils Security Insuument only w mortgago.grant and convey that
<br /> ; Borrower's intaest in the Prape,rty ander the tem�s of this Sewrity Instnvnan�(b) cs t�ot pe�sona�ly obllgated to pay the sums
<br /> , sea�od by diis Sticnriry Instrumeat;and(c)a�ees that Luider and eny oth�r�ottower m�ty agree w exteud.modify►fo�bear or
<br /> maka tasy accommodatIons wItb�egard to the temss of this Socurity Iasuument�qi'r the Noi�'4Nlthout that Boxmwer's consent .
<br /> 13.L�an Charges. If the loan secured by t6is Sec�r[ty�nstrumeat is au�Ie�t oo a.la'w whicfi sets maaimum tosu►chatges.
<br /> eod that law is�naUy interpreted so tbat tde fntarest or od►�r loan cdarges cullected or w fi`e bollsct,ed in connoction witt�the:luau� �
<br /> axcad the permitud limits.theA:(�any such loan charge ahall be reduo�d by the amaunt ueaessary w redua the chargt w the
<br /> peraitwed llan�aztd(b)any sums already colIected from Sau�nwer which exce�ed permfued lixnits will be refnnded to Harrower. •
<br />,; Landa may choose to make diis nfund by redudag tbe ptiardpal awed nnder tke Nota;ar by making a direct payanar�t W
<br /> , Botmwer.�f a retl�ad redueas prhncipal.�he reducdon wIll be treated es a D�P�P��arlthout any prepayrttut charge
<br /> unda tixe Nous.
<br /> 14.Natices. Any nadoe w�c�mower provIded foY in thi�SecurIty Instruneent shaU be given by delivering it or by maiiing it
<br /> � by 8rst cla�v mail unles4 eppltcsbW law rEquires�se of another�ethod.11ie nod�e shall be directed to tbp Property Address or .
<br /> j aay other eddress Bormwer desigt�oes by aoScxi oo Lend�Aay Qottce w Lender shall be g�ven by Srat class mai!Gn.Lender's
<br /> sddzess'smted herafn ar any otfier add�ess Lender de.�gaates by rcfl�ce to Bo�rrower.Any aotFoe prnvided for in th�s Socurity
<br /> In�eat shall be de�mod to l�ave beea gtven to Boaower or Leadei when given as pmvidod ia this p�aa,graph.
<br /> :� IS.Governin$�E,�►w;SaverabiLt4y. Tdis Security InstiuraeAt shall ba gmemed by f�deral law aad the 1aw of the
<br /> � jurLsdiction in which thES Peapeity Ls located.In the event that any provlstan or clause of this 5ecurity Instn�ment or tbe Note '
<br /> s coatllcts wIth app�Ic�lsYs law.such canglict shall not effoct ather provisfons of this Securtty�astnunent or the Note wt�3ch c�a be
<br /> �+ gfvea effect wIthout the conAictinng provisIon.To this end ihe pmvlsions of this Sec�uity��trqcneni and the Note are declar�ci to
<br /> .1 be seve.rable.
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