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<br /> P�na�qts�kirr oo I�x 6e roquieea�N iihe optfon of La�Aar.ir m�oet�e ir�nu�nde eov«a�e t�u r�t6.ptiod
<br /> th�t I�odtr no�ieer)p�'�'�1►Y m fnwror�pp�ov�ed by l.�ender�pin bMa��a av�ll�ble and b obWned.Ban���I�D�
<br /> �}�p��t�a�m�a lrts�►s�ce M�eKe�t,e�+n�+ww1�M�ias�w�ew.�it�saw;�*�-kt�. - � .
<br /> laui+aoe ead�in�000�danoe Mltb�ey�rrhton+W'eana►�bel�roa�son�o+wr�nd Lwd�or eppiic�bla'�v. �� .
<br /> f. Ia�pectbn.l.onder ar ia yent m�y ma{ce reaa�ble enMa upaa�nd i�eaian�of tbe Propmty: Imder�U�ive,
<br /> Borrawar nafoe a�he�imo uf or prlor a an lrupeuion�pecifyln�ne�o�u�Wa c�u,e!or�be taupoak�n.
<br /> -- - 1d. C.ondann�tlan,Tho proceedr of any�►ward or ctttiiim far dpma��.Airc�i or oo�sequentid� ta co�ec�o� wlth a�ry
<br /> oondemn�t(an or Mher t�tir�of sny put of the PropatY.ar far oonvryaaoe la Iku ot oondaaa�tioa.aro benbY awiaaed+od
<br /> clwl!be pald to I.ender. '
<br /> In the event of�wtd t�king of Ihe Pt�eriy.the p�ooeeds�iudl be sppliad w the wmt sa.vrod by thit Socurity In�ttument,
<br /> whdl�er or not then due�wiW nny exaas p�id to Bonower. In the eveM of a ptutid t�king Qf tlie ProQeny ia which the fdr
<br /> m�rket vwlue of the Propaty immodiptely before tho tpking i�aqud w or grc�ter tiu�n tho amount of tho�unu tacured by th1�
<br /> Secudty In�nument imrr�odiptely beforo tha Wdng.unleka Borrnwer and i.ender othmwlea sgroo in wdting,the wm��ecured by
<br /> this Secudty Insdum�mt ihall be roducod by the �unaunt of the proceeds multlpliod by the fallowing f�ctlon: (�) the toW
<br /> _- _-- amoum of�he auma secured immedietoly hefnre the taking. div3ded by(b)tha f�ir muket value oP Iho PropeAy immodi�tely
<br /> befon the tAking. Any bdance stuill be ppid to Borrower. 1u tha event d'a prtial Uiking oP the Property in which the fdr
<br /> muket value of the Propr.�y�immodiately befaro the Wuing is kss thwn tha amount of the suma socured immodiKe�Y beforo the
<br /> udcing,uNesa Borrower wicl l�ender othenvise agroe ia wdting or wdess applicabk IAw otherwlce provldes. da prooead��ll
<br /> be appliod w ct►e sums s�a�t�1 by'thia Socurity I�shument whelher or not Fhe sums ane then due.
<br /> If the Prupcny is a'b�wxloned 1�y Bc►rrower,or if.�Rer notioo b�r l.endelr to Bornawer th�t the caidemnor,ofFers to mate an
<br /> •ward or settle n claim fbr damnges. Borrower fdls w nspand tb Lender Within a0 d�ys�Rer the date 1he notioe ia�iven.
<br /> - � 1:eMer ia�thoriud t�oulYt.:i and appiy the pnx.�ala�.�1�ta optiuu�rqiber to r..szoraiia�ar rcpait uf ii�'Ftoprri}ur ta tGc su�� -
<br /> secured by this Securlt}t�'Ansrrument,wheiher or not then duc. , • .
<br /> "�" Unless L.ptder an�l Borrower atherwi�e agree in writing� anry Applicallon oi procads xo princip�l s�hpll �wt eatend or
<br /> � poltpana the duc date of the monthly pnymenis referred to in paragr�►phs 1 at�d 2 or change the a�r��unt.of.xugh payments.
<br /> - • 11.Borrower Not'Re9eased;Far�enranoE By Lender Not a Wniver.Eatension of the t�mc fur paymc�lt or modlticatian
<br /> ''"``� oF amortization of the awms secured by thls Socurity Instrument granted by l.ender to any successor in interest of Borrower shall •
<br /> nat operate to releasc the iiability of the original Borrower or Borrower's successors in interest. Lender shal� u�t be requirod to .�
<br /> :.,� commence procadings a�tain9t any successor in interest or refuse to extend time for payment or otherwise modify emonization
<br /> '�=� of tfio sums secured by this Securfty Instrument by reason of any demand mede by the otiginAl Borrower or Borrnwer'a
<br /> ---- successors in interest. Any fatbea�ance by Lender in exercising any right or remedy shaU nat be a waiver of or preclude the
<br /> exerrise of any dght or remocly.
<br /> 12. Succ�iors �� �si�ns Bound:!alni sud ��cszs! LluM!lty. Ca-s�gners. The covenents an�! agreemP.n�x of this ', __
<br /> Securlry Instrument shull bind a��d benefit the successors and asaignR of Lender and Bort�ower, subject to the provisions of .
<br /> ,,,,;,:,� paragrnph 17. Borrower's covenants and agreements shall be Joint and severnl. Any Barrower who co-signs this Security
<br /> Instrument but doe.c nat execute the Natr: (a) is co-signing this Securitp Iawtrument anly to mortgage. grant and comey that
<br /> �,� Borrower's intereat in the PTOpeny under the terms of this Security lostrument;(b)is not parsanally obligeted w pay the sums
<br /> ------ r�ecured by lhis Security Instrumcnt;and(c)agrees thut Lender and any other Banower may agree to extend, modify,forbear or
<br /> ---- make any accommodations wilh rega�d to the terms oi this Secu�ity Inslrument or the Note without thut Borrower's wnsent.
<br /> - 13.l.oan Ctu�rges.If the loan secured by this Security Instrument is subject to a law which sets maximum loan chsuges,
<br /> and that law is finally interpreted so thu� the interest or other loan charges collexted or to be collected in connection with the
<br /> loan exceed the permitted limits, then: (u)any such laan charge shall be reduced by the mnount necessary to reduce the charge
<br /> _ to the permitted limit;ar.d (b)any sumx already cvillected from Borrowcr whirh exceeded permitted limits will be refunded to
<br /> =- 9arrower. [.ender may choose to make this refund by reducing the principat owed under �he Nate or by making a direct �-
<br /> payment to Bc�nower. lf a refund reducea principal, the reduction will t+� treuted as a Qanial prepayment without any —
<br /> ,`�`�' prepaymert charge under the Notc.
<br />:.JiA� —
<br /> ___� 14.Notlec�. Any notice to Borrower provfded far in this Security Instrument shull F�e given by deliverinF it or by muiling `
<br />_T�� It by first class muil un9ess applicable law requires use oi unother methad. '1'he notice shall be directed to Ihe Property Address �;.,,
<br />=_'� or any other address �c,rr�c+wer designates by no�ice to Lender. Any tx�tice to L.ender shall be siven by first class mail to
<br />-`„,� l.ender's nddress stated herein ar nny other address L.ender designntes by notice to Borrower. An,y notice provided far in this -
<br /> ------ Securiry Instrument shall be deemed a�huve bcen given to Bormwer ar L.ender when given a�pmvided in this puagraph. _
<br /> -;;r� 15.Governing I.aw; Severobflily. This Security Instrument ,hell be governed hy federal law and the law of the —
<br /> �;,.� jurisdiction in which the Pmperty is lucatcd. In the event that any pmvision ar clause of this Security Instrument or the Note __
<br /> ,_ — eonflicts with upplicabl�laµ�.sunc�ontlict shull not affpet other provisionti��f this Security Instrument or the Note which can be �?�
<br />`-l�'�� given effect without the con0icting provision. To this end the provi+inns uf thia Securily Ins�rument and the Note ur+e declared
<br /> r�:S::
<br /> �ti';,+�ti, to be severrble. _
<br />-`'"�=;� 16.NorroR•er's Copw.Bormwer shall be siven one conformed r��ny of thc Notc and ol'this Security Inxtrument. —
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