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<br /> -' et the option at Londa,It mongagb Inaurepop ooVo,'rage (in the.pmoune ptid tor tAe perlod thef F,bndtr reqdires) 5 � -- —
<br /> _ prop2dadbyenlnsarErayproceAbyLenderegnin6ecommavillebleendlsobtJocd.BurtowerefiillQqcQiboro�tume_ _ __
<br /> � requtiod to meirttein mortgage ineumnx in elfwt,of w provtEe e loss iw4avp,untll the rtquttomenYtct mottgeg�.:' _
<br /> � Insureneeondsld3000rdenoewlthenywdttenegroementbotaeenIIotroxetanaLcnEeeofappNub�efaw; '� �
<br /> ,� •� 9.Iaapeottoa:I.enAerorirsegentmkymakeroaeoroblerntdeadpnneodinepoottoneotth�Ptuperty,'f.end6Pehtll-•
<br /> gl�oEonoxernoticeesthetimeoto�pdorwenlnepwtionepeoityingreasonabfocausetortheinepootion:' � ,�
<br /> � 10.Coadetnnatton.Tfie proaedeotenyawardorolatmtordam�gea,dircctoroonsequantid;inoonnectionwith
<br />_s___'•�__�`� eAy oondomnatlon at othcr teking ot eny parc ot tho Propctty,or tor conveyanoc in tleu ot aondemnation,aro Tereb'y. '
<br /> aselgncdendshalt6ep+idwLenCer. ' „
<br /> �-� In the evmt ot a totel te�ing ot tM Property,the proaeAa efisll 6e appAed to tha eume aauted by thls 8ecurity _____
<br /> �� tnscrument,whetherornotthendue,withanyexa�paidwHorrower.Iniheeventoteqn�atukingotthpPlopocryitt _ —
<br /> '}'�� nNchtl:efetrmerketvalueottheProperty immediatelybetorotheukingieequaltoargreatorthnntdeamountotthe g
<br /> "� eume swurod by thts 8ecurtry Inetrument immcdtetely bctore tha teking,unless Dorroeer end Lendu otfiarwlse eg�ee —
<br /> '� �, in wdting,the aums sxured by this BeuAty Inmrument rhell be reduoed by the amount o[the proaede mWtipl(ed by
<br /> `." :� the tollowing iraation:(e)tha wul amount of the euma cxurodlmmed(eteiy betoro the tsking,divideQ by(b)thaTefr -"--
<br /> ,_ai�,;;� mvkat value ot the Property(mmediately betoro tha tetfng.My batanoe ehell bepaid m Borrower.In the evdnt ot e __ ___
<br /> partiol mking ot the Property in whtch�he tnir morket vAue ot tAe Pm p e rty immedlauly batoro the taking le 1�than _
<br /> � . the emount ot the eume sxurcd immedietely batore the ukin�,unlas H orcorx and Lender otherwise egtee In x�Idng
<br /> t • or mdae applicable Inw otherwtse provfdes, tM1e proeads ehatl be�ppl{ed to the aume sccured by thle Beourlty �`T�"v'�'�,�,..�u
<br /> 'zrE ` Inatrumentwhetherornotthosumaeretfiendua ! ` -°�
<br /> s � ; ,9` It the Property ia abandoned by Borrower,or It,etta notice by Lender to Borrower that the condemnot olfere w .�'�:
<br /> � meka en eward or senle s cletm tor damegee. Borrowu taite w«spond ta Lender whNn 30 deye etter tM daU the �rL. ---
<br /> 1 F�1,� '' notice fa given,Lender ie authorized m eollect ar.d apply the prooxds,n ita option,ettherto reatontlon or repn(r ot the s ,, ,�,
<br /> � � � Property or to the aume secured by thle Bcoudty Inatrument,whethar or not then due. ,_ __.
<br /> � Unlcss Lender and Borcower otherxlse egree in writing,eny eppHcaHon ot proceedam pAncipel eheil not ertend or ;;��:,
<br /> -�;!-'��::,,�:i postpone the due dau ot the monthly peymente rotarced to{n parographe 1 and 2 or change tha flmount ot euch >`r,�:%'.-rs::
<br /> � �'v�t �y 11.Horrowor Not Roleased;Forbaraace B Lendor Not a Naiver.Bxtension of the dme for men[or j ��e �
<br /> , � � . Y PaY .. -
<br /> �_ �,+ _�• modifiuNon o[amor�ization ot the eume sxured by thie Saudty Inetrument gented by l.endet to any succescot in -� :r >_ ---
<br /> y t� ? interes�ot Borcower ehail nos opereu to release the Ii�bility ot the originel Borcowu or Borrower e suoce�ore in - �'z < ; --
<br /> i�:; interest Lender shell not be tequired to commence ptoaedinga ega:ret any successot in interest or retuse to enend aF`:�`� - .
<br /> � - timc for payment or otheroise modity amort[zotion of the aums xcurcd by this 9ecudty Iretrument by reason of any -- - �`� - -
<br /> '" demend mede by the original Borrower or Borrowar e wiceesmre in intereat.Any torbarance by Lendar in exuciaing �` - � - . '
<br /> 1� � � �ny right or remedy epol no[be a waivm oI or prcclude the exercise ot�ny right or romeCy. �Vt��;�,� 5� - -
<br /> h � >' IR 8ucceasore�ad Aesigae Sound;7oint and Several Liabtlity;Cwignere.The covcnants and a�reemente � � f'*`
<br /> _,..., ot this°.auritq In.-trummt oh:ll �icd:nd tcnuic tha ti:.e�o a a�d��u ot L.er.der and Eorco�xr.:ub,�xt ta the t ' `
<br /> � x> ��c provieioneofpe�xgrapni7.Borrower'ecovenamsanAegreementeaheiibejointan6sevar�f.Anylforcowerrpoco'e�gos � .� -�E} -�-".-
<br /> ` i_�-; thie Saurity Inatrummt but doea not execute the Note:(e) ie co-signing thfa Security InsMUmrnt on:y to mortgage, � � _ - -'�.
<br /> �.,�;-.�;�:.� grant end convey thet Borrower's intereat in the Properry under the terme ot thie Saurity Iretrumant; (b) ia not ��.r4-.?#�.:-•`-r� � ��
<br /> � , .-+, pereonally obligated to pay the sume secured by thie Saurity Instrument;end (c) ngrees that Lender and any other � `-� ' ,' ��)j�;p z
<br /> ` r --- Dormwer mey egree to enend,modity,torbear or meke my acc�mmodatione with regerd to tha terme ot this Security -�t�„_;;,.,,,,<�� ;(t«.
<br /> i-_-� InetrumentortheNotewithoutthetBorrowereconsent. 11 -�,i,� � �1��:i`r�;
<br /> �'' - ' 13.Lo�n Chargw.It the loan secured by thie Security Instrumrnt ie subject to a law which sete mueimum loan } � "d� � �JIi'
<br /> _ ,� chargea,end that law ie tinally incerpreted so �ha�[he i.^.[erest or other loan chargea collected or to be collected in F.+:> t j 7�
<br /> - �, connection with tha loan excad the permitted Iimite, then: (a)any auch loan charge sMll ba reduad by the amount - -� 1 y �- ���
<br /> ' "- �-'� neassery to roduce tho eherge to the permitted timit;end (b) any eume elready ca!lec[ed trom Borrower nhich "':;:;�;�`„`.,i;.`;,;x":.�
<br /> < � � e:aeded permitted limits will be rctunded to Borroner. Lender mey choose m make thie tttund by reducing the -,-c{ , > »__
<br /> r -- principal oNed under the Note or by making a direct peyment to Borrower.It e retund reduces principal,the reduction --„a r r F ' ";';
<br /> `}� -`. will lxiveatedase anial re mentmthou[an p y. g `
<br /> - a p p pay y pre a nrnt eher e under the Note. - ,: .� {-- ^�
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<br /> ,s •; 14.Notieoe.Any notia to Borcower provided tor in thie Saurity Inatrument ehall ba given by delivering it or by . , nt.. _,.!�.
<br /> -- ' � meilina it by tiret claa mail unlesa epplicable laa requircs use of anmher meehod.The notiee siull be directed to the `� � s'�� -,=-
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<br /> Property Addre�or any other addresa Borconer designetes by notice to Lender.Any nouca to Lender eheli be given by �,u;,t:�c.. .,r, .�i_
<br /> tiret daza meil to L.endet e address etated herein or eny other addresv Lender designeta+hy notice to Horconer.Any - "� �'�
<br /> -, ; notice provided tor in this Security Inatrument aAall be damed to heve been givm to Iiorro�ver ar Lender when given ;,,�( h r� -.�=
<br /> C. ' .- aaprovidedinthisperegraph. >• j1 ,
<br /> - i.:; IS.Govttning Le�v;Severability.Thia Security I�utrument slull tx gm•erned by tederal lan and the law of the � '- r-� �,
<br /> °�'� " urisdiction in which the Pro t ie lacaeed.In the event that an ro�ision or cleuse ot�6is Saurit Inatrument or the � � � ''�'�'':��'•'
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<br /> f�`� Note conflicta nith appliwble Iae+,such contlict shall nouffectother prorisions o(this Security I�trumer.t or the Note � _
<br /> ' . which an be given etfat withaut the contlicting provision.'io thia end the provisions ot thia Security Instrument end ��. -- � . �
<br /> _ _ the Note are declared to be sevewble. i - -_
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