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<br />: ,�,���� ppyq�ente mwy no longer be c+equirad.at tho optipn of Lcnder.it mortQw�c inwrAncc cove c(in tho�maunt u�d for tho peti
<br /> th�t Landor requir�)Pmvidod by An iasurcr appmvod by Lcnder a�aio becames ovailablc and is d►talaed.Borrowar ahdl P�Y
<br /> ;^�; the premiums rcquirod to ms►intain moA�n�n inwrrnco in e ffect,oe to prov i d e w lo�rc s crve.unN)1ho ro quinar�e+►t tar ata�e
<br /> in�ut�nw e.ndr in accotdanc�e with ony wdtlen agmment bctwan Borrower aM:Lender or applicablc law.
<br />-:� ;,,� 9.Ipepeetlon. L,eMier or iu�gent may m�ice rsnconsbla entdea upon�u►d incpactians of tha Praperty. Lendar eiwll Qlve
<br /> gorrower nodce at cho tima of or prior to An la+poetian spocifying rc��wb�e causo for�he incpectfon
<br /> •=.+ 10.Ca�demnittlon� 'fhe P�8 of any uw�rd or cluim for dampges� dircct or consoquentfal,ln con�roction with any
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<br /> "- — oondemnwtion or oth�r taleing of ony pu��f� �P�Y•or for rnnveyance in lieu of condemnatian,ere heroby oseieaod .r---
<br /> ,��� �hall be patd to Lender.
<br /> In the cvent of a tatul wicing of tha Property,�he proceedK shol�ba aPPUed ta thc sums secured by�hia Socurity lnstrument.
<br /> �� whechsr or nat then duo, with eny eacess paid to Borrower- [n tha event of a partial takiog of the Pmpeny in whic6 tho feir d-
<br /> -�"' market veluc of tha Property immediataly bafare the laking is equal to or greatcr than the amount of�ho sumc securod by this
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<br /> �cu�ty lnshunneK immediately bofore the wicing,unless Bc�mower and Lender atherwisa agree in writing.tha suma secu y
<br /> _--„�,;�4,;.,<<; this Security Iacuurnent shall be neduced by tha amo�nt of tho procee�ts multipliod by the follawing frnction: (a) the total �
<br /> ��-���''"' .prriount of tha sums secural immediately pefnre ihe taking. divided by (b) the fair market value of�ha Property immedistely �—
<br /> ,,;,°,'�r"�:'.:;;� bafpre d�e takip�, pny halanca shall be paid to Bormwer. In the cvent of a paRiul taking of the Propeny in which the falr �;
<br /> `—��'_�''�{���'�� market value of the Property immedistely befare�he teking is Icss than the amaunt of the sums secu red immediutely befo� the =:
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<br /> �,; , •-� wkiag.unless Sarrower and Lender otherwise agree in writing or unless applicabic law otharwise provide�. the procee�s shall �
<br /> -`:.��'��m°i°'���', bo applied W the sums secured by thie Securlty lnatrumant whether or not the sums are then due. ���__
<br /> -�� If the 1'm �ty is abandoned by Borcowcr, or if,aftcr naUce by l.ender to 8arcuwer th�t thc condemnor offera to make an �-
<br /> _ n�+'%�s•F• ps �
<br /> '�,��s•���4"" l• award or settle a cleim for damegea, Horrower faila ro respond►o Lender wilhin 30 Jays after thc date the notice is given, � ;
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<br /> - ����°� Lender is authotized to collect and apply the proce��s,at its nptian.either to reatotation o��epair af tke Property or to the sums �,._
<br /> � ,>•;�:,f;-��.,N'�r.:.
<br /> '��t � "�?�..���-. ��red by this Secudty Instniment.whether or nut then due. —_
<br />'���1" � `•�y���,"` �� lication of mceeds ta rinci al shall not extend or �
<br /> �::.," ,���,'�;�`!�; Unles� Lender end Borrower otherwise agree in w�iting. any uPP� P P P �
<br /> - W—,�<<;r � �;N�. ^. . poatpone the due dete of thr manthly paymcnts referred ta in pa�agraphs 1 and 2 or change the amount of such payments.
<br /> °��•`���< �� 8�p11.Bot�rower Not Rdeased;Forbeara�e BY�nder Not o Walver.Extcnsion of ihc time for payment or moditication _
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<br /> �•y: ,��;,„>,: of amonf�atlon of the sums s0cured b this Secudt Instniment grarUed bY Lender ta any auccessor in interest of Borrower shall
<br /> - - ;a- �. j '� � not operatc to release the liability of the origina!Borrower or Borrower's successors in interest. Lender shall not be required ro �
<br />_ � '�':' {�"./'`'4, _
<br /> -_��„�,�,��(,;.:. wmmence praceedings ageinat any successar in interest or refuse to extend time for payment or othenvise modify emonizat an �
<br /> ��"`:f�ft of the sums secured by thie Security Instrument by reason of any demand mAde by the o�iginal BoRawer or Barrower's ,
<br /> : _ �� �f�,� successors in interest. Any farbearance by Lxnder in oxercising any riBht or remeciy shall nat be a waiver of or preclude the
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<br /> __ ,�r,,`5r�'�T+��>1:���'• eaorcise ofany right or remedy.
<br /> x !�� {�•- 12. Successore and AssiBns Bound; Jo1at pnd Several Liobllity; Cu-signers� 'fhe cavenaMs nnd ugreementx of this �.�
<br /> �=°�"`".� ...,., .-,.. •,�.� --°_
<br />_�����,�;.�..; ,� ,.�.• ,� Securiry Inetn�ment shall bind and benef it tha successors und yssigns of Lender und Borrower, subject to the provisions of �-
<br />;.�, h`c�i�,,;,.,: �. .: psuragraph l7. Borrower's covenants and agrecmenls shall be joint and sevcral. Any Borrower who co-signs this Security �
<br />`'��} n�aC.�: � Instzument but dces not executc tha Note: (a► is co•signing�his Serurity Instniment anly to mortg a ge,grant und convey that
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<br />;;5�. • ' • • 'Bornower's interest in the Property undcr the tcrtns of this Security lnstnmicnt:(b) is not persona�ly abligaled to pay the sums �f�;
<br />�-Fr� � ��,� �� secured by this Securiry Instrumenr,und(c>ugrcex that Lender and uny athcr&�rcower mwy agrce tacxtend, modify,forbear or � .
<br />',_'.'1; " ',:}�" . " make any accommodutions with regund to the terms of this Security Instrument or the Note without that Borrower's consent. �
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<br />��A�•,� , �' �3, Los�n Charges. If the loan secured by this Securiry instrument is subject ta u law which sets meximum loan charges.
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<br /> _���;�. �,�:� . • ° and that law is finully interpretat u� that �he interest or uther loan charges cullected or to be collected in cnnnection with the
<br /> rc'���r,�v,``';';° ��^� . Inan exceed the permitted limi�s,then: (�l any such loan c:hurge shall be reduced by thc amount necessary ta rcduce tha charge
<br />-- '"�i . > :.,� .;.� ' to the permictod limit:and(b)any sums ulready collected from Bonower which exceeded pertnitt�l limits will be refunded to �-,.
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<br />:�•,�`�� ' � . �.�'"" Borrower. l.ender may choose to muke thi� refund by reciucing che principal owed undc� the Nate or by making a direct �
<br />'�```` �".'''" ""�"' ment to Borrower. if a refund rcduces principal, thc reductian will be treAted ns u purtial pr�paYment withouc any —
<br />:H .;, i�'". .•.e PaY
<br /> ;; '` • prepayment charge under the Note.
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<br /> ,��!!�•_•_-:.s,' •�� l4.Notle�.Any notice to Borrower provided for in this Security Instrument shnll be�iven by delivering it or by mailing
<br />` _�'_�:'�:+iX�,�� it by first cluss mail unless applic�blc law requircs use��f nnother methal.The notice shull be Jirected to tt�e Praperty Addtess _
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<br />:.R; s � or any other address Borrower designates by nolice to I.ender. Any notice w Lendcr tihuU Uc given by first closs mail to N•
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<br /> - `�`'':.. ' . Lender's address stated herein or any othcr addr.:ss l.�:ndcr d�signutes by nuticc t�i Borrowcr. Any notice provided for in�his
<br /> �LL°"'� "'�'. "'. ``� Security Instn�ment shall be deemed to huvc bccn given to Born�wer or Lcnder whcn givcn as providod in this parogruph. �
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<br />-`;��� : .,.,;;.,t ., • I5. Governing Law;SevernbNlty. Tt�is 5ecurity Instrumcnt shall be g��verned by fedcrrl law und thc law o �
<br /> '=:�' �'��J�J���pl•i;�:�� Jurisdiction in which the Praperty is IacAted. In the event thut any provision or cluuse of this Secnrity Instrument or Ihe Note �,',,:
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<br /> �.,; canflicts with applicablc law, such conflict sh�ll na uffcrt�Hhcr provisions of this Sccurit}• lm[rurncnt ur thc Notc which can bc �:.
<br /> . �,,c:� -• � tc�-,� _
<br /> '. *'�`'��'`"•��•"'` given effect without the conflicting provisian. To this end the provicioin of this S�rurity Intitrumcnt and the Note ure declared
<br /> � " to be scverable.
<br /> ' ��t .�}�!1;;,'.. . � 16.Borrower's Copy. Borrower shull be given une contortned cop�•at'the N�»e und of this Socurity I�atn�ment. ,;,
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