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<br /> $h of 1� �rtgage insdr�aoe �m Boinnwer�n tha iosuramcu wverngc la�l or o�d to .
<br /> ' mc-t�l �Y. P� ��13�bY
<br /> .�. be in et�oct.LG�Wa�I�OOe�-u�e�d.rdpun[hr��psYroaNS as a�oss reserva in iiqt of �nortg� ��utsuiFt- 3pss�.r�t� .
<br /> p�ayments may nr�tongCC be teqmrad.at the option of Lender.if mottgage insurance coverage Cn`tbe amoum�and`for s�e periad � ,
<br /> . that L�Ja ro�i�es?pmvided b���atsazer ap�mYe�bY i.d�der�boaomes ava�le and#s t�nod-�otcawer.sh31!pay -.
<br /> ti�pt�emifins mcpi�d co�naintain�rntgage insunu�m effec,t��ot w provide a toss resa�ve,itrt#t�e seqge�mmc Far mo�tgage � �
<br /> ias�u�ds in�noordane+ee with any written a�reEanea�6e�+weea•Bormwu and Leader o�applicable taw. . •
<br /> ' 9.L�peaioe.I.ebde;or�agent`u�ay�ce t�SOnab�G entri�s upon and in'sp�cxions of die Property:Icnder sha11 gi!'e t
<br /> . - &:rrc�t�ss_naRice at d:C tim�%nf or prior ro ap i�ivn spsci�nng rause�oc,`the u�ectiono < � < , :
<br /> ` 1�.G�n�on.�Pcaceods a�anY aw�1 or etaim f�f�:dir�oct�as oottse.�uentiai,in'con�tion witlt�ty �� �
<br /> oondemn�tia�r or cfKber taldng af a�r pat of tt��mq�rty.or for conveyance in lien of condetunati�:are hereby assigispd atsd n
<br /> `shall be paid w LensTer• ' � •` . ` f� .
<br /> ' � In.t1�eveat of a tatat taking of ibo property,tt�pra�ds shaTl be a�plied co the si�secored b�t!►i�So�urity[nsuum�[u, . ,
<br /> , �h�her or tiut t6epl duo.,with aay exce'ss�d t�Bormwml.>In t�e event 6f a Pat�ial�dn8 of t6e _ ati'wbich ti�r fair
<br /> � rtnrkd�d�lbe of t6e Property immodiately before tAe u equal t�ol.:gre�ter�than the a�i�uunt pf .. securrd by diis
<br /> �th
<br /> � Se�uity 14s�mcnt iminediate2y before tf�e talcing,aalcss�b�cowec and Leuder otherwi�e ag�e is� " �qis sec�red�bY .. .
<br /> (ltis Spe.�.,Instrument sit�il 'b�tedpcett•�yr d1e a�ou�of the pmoeeds�ltiplied 6y�Li�e,f�lowin ( ' : (a�atlie total .
<br /> atnount of the.swns secuned immediately tfefoxe the t31cPri�.divided by,�b)ti�e fair marlcet value a�'the Propertj+ im�ediatety
<br /> before thc taldng. My b�lance,straH be p�id to �orrower. tf�t�e eveqt o€a partial taicing of the property,.ia �ch the fair
<br /> �m�mdcet value of t6e Pmperty imtitcdiatel�befoce d�e"talcing is tess it�n tbe amourtt of the snms•secyred imn '�pds�. 1Y bef�.the''
<br /> - • .takio8'«uniess�arnawer amd Lender`otberwi.�s+e agree in wridng or untpss applicable law otherv�nse p�o �.thC p�ds`Shall
<br /> rw'
<br />= be applied to th�sums secured by this 9eciuity lnstrurr�:nt whether or not u�e sums are thCn due. ti'� ` .
<br /> -_ If t6e Prapc�ty is ab�dnnal by Barmwer.or if.aftts tatice by I.ender:to Borrower thatrthe cond�ior�affers�ta make an.
<br />-- awatd.or sectt�i a�taim for du�es.HoROrver faits to re pvnd.ta L;er�der vri�hin 30 days afte�she.�tte th�notice.is given, .
<br /> _ , Lender isaatt'iorized w adUe�aad a�ply thc pmceeds,at ts aphon,either to r�e�storation,ar.repair of the Fmperty or to the snms .
<br /> — secured by this 3ecurity Iustrument, afi�f6er m not then c ae.' ' s�- ,
<br /> - — tUnkss L�aud Borrower �her►vise agree in w�iung. anY �licat�on of proceeds to prin�ipat shal[not exteru4,ar
<br />-_ pvstporie tbe cf�e of tf�monthl `paYments referred w in p�ragrapl�i and 2 or change the anwnrt of sucb.pay�erts. •`, '•
<br /> li.Borrovrer Not 1t�: rance 89 l�nck�'Npt a Waiver.Extension of the time for payment Qr mc�Jiftcat€�n'.
<br /> , ,. of amortiration of t�s�ms secy�ed:by this Serurity lnstrument granted by l.ender to arry succes.9ar in intcr$�t of Borrower�ha1t —
<br /> ~. _ .�:tat npe�te to rete��e tL�liabitity fl'�the prrgttqt�vrrower ar Bocro��s spcxessors in interest. l.ender shali not be requireA ta -
<br />'� :: iaomr�e�rce proc�ings agai�.st any suxessor in ia[erest or refase to eatend ti�ne for payment ur othecwise fnadify a�n��on —.---
<br /> � of the sums secuted by thfs Seturity Mstcu�ent by reason'of miy deman� made by ttie origimt Borro,wer or Hortower s
<br /> � successo�s ia interest. Any fasbeaca�ce.4�C�tierider in exercising any right or`�e�edy�hat! ttot be a waiver of or pr�ctude the
<br /> exercise of any right or remaclY•`� ` ! ' ' =__
<br /> 12.Saooescors and Asslg�s Bound;Joim and Several I.iability:Co-signeis. The rnveaanu and agtaements af this =__�
<br /> _ Security Instrument shall bind and benefn the successors and assi�r�.c af i.erute►and Borrower, subject.to the provisions ofli --
<br /> =— • paragraph 1�; Bortower's covenar►ts anEt agreements shall be jaint and severatl. Any Borrr�wer who�o�igns tbis SeCUtity
<br /> Inst�n�but does dot eaecute the Note:�(a)`is ca-signing this Security Idstrument anly tq mortgage,grdnt and convey that �
<br /> � Borrower s imerest ia th`e Propetfy under the tecrm of this Security Insuument:(b)'ts not persona!{y abligatedlto�pay Ihe sums .
<br /> Y secured by this Securit�r tnstrwnent;and(c)agsees that l.ender and any oth�r Bc�rrc�wer may agrec w extend,mbd'ify.forbear or �,�;., -
<br /> '` make any accom�odabuns wiih�egard to the terms af this Security Imtrument m the Ncste without that Borrawer"s canseat. �`�
<br /> - i 13.Lb�tn Chat�{cs.If the loan secured tiy this Security Imuumcnt i�subject to a law which sets roaximum laan clwrg�. , _
<br /> :r�,�4.;'� . arni that 1aw is finallx interpreted so that the interest or atqer taan ciiarges�ollectad or ta be collocced in connection witb the .
<br />- '� loan exceod the perm�ttod�imits,then:(a)any such toan charge shall be reducod by the amount necessary to mduce the charge =-_=��
<br />_ '°�;�y«�.�T• to the pennitted limit:and(t>)any +um.ti alrrady collected from 8orrawer wbich excceded permittod lim��s wi11 be refunded ta �,�:.�_
<br /> Batrower. Lender may cho►ise to make thi` refund�by reducing the principal ow�l under the Note or by making�a direct �=r�,
<br /> payment to Aorcower. If•a refund m�ciuc�w principal, the re�luction xnll hc trratcd a.+ a partiaf prepaymetti wtthout any �-�-=
<br /> A
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<br /> ' prepayment charge under the Note. � ��-:`'r:=_
<br />- �14.Notioes.Any notice ta Bortow�r pruvided for in thiti Security tn�trument�haU be given by deGvering it ar by mailing ��,��,
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