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<br /> at the optian ot Lendar, it m�rt�Qe inautinao coven�o (in the amount�nd�or the period th��� der requirea)
<br /> provided by�n ineurer�pproved by Lender��in becomer�v�il�ble md i�abtdned,AorroMer siull p�y the promiums
<br /> ,roquirod w m�intain mm�t�s�o inaurnnce in ettecc� or to pcovldo a laes roeerve, until the requiroment for mortp�e
<br /> irwur�noe end�in�coordanae with any writeen��teement betwoen Hnrrower and Wnder or applicablo I�w...
<br /> 9.1a�pection.Lmder o�ita a�ent may make raeon�bla antrieo upon�nd inspections of the Pmpertp.Lender�hal!
<br /> �ive AnrroMet notice at the ttme ot or or to an inapection apoaifyinQ roaeon�ble puue tor the inepection.
<br /> 10. Condema�tion.The of any aw�rd or cl�im!or dam��ae,di roat or con�equenti�l,in conneotion with
<br /> �ny oondommtion or other talcin�ot�ny p�rt of the Property�or for conveyance in licu ot condemtu�tion,aro heroby
<br /> _ �wi�ied u�d�11 be pid w Lendar.
<br /> - -----_-� Tn the event ot s totel ta�ing ot thv Property, the proceede ah�ll be �pplied to the�ums aecurad by this Securlty
<br /> _- Instrument�whother or not then due,Mith any exoese p�id w Horrower.ln theevent ot a p�rtid takin�ot the Proporty in
<br /> ahich the Iair markot v�l�b of the Property im mediauly betoro the qkin�is eqwl to or�tar th�n tha amount of the
<br /> ��- aums eecured by this Sacurity Instrument immediouly betoro the takin�.unlese Borcawer�nd Lender otherwiae��ree
<br /> in writin��the auma sxured by thie 3ecu�ity Instrumont shd)bo reduced by the�mount ot the proceeds multipliod by
<br /> tha tollowin�(nctian:(a)the totsl amount ot the eume seourod immediawly betoro the aking,divided by(b)the t�ir
<br /> � -=+ mericet vilue ot the Property immediately betoro the teking.Any balence ahwll 6e psid to Borrower. in the event of a �
<br />�� - - - pertisl ta�ing ot the Propercy in ahiah the t�ir merket valuo ot ehe Prapeny irnmedistely betore tha takin�ie less tfwn -
<br /> tha�mount ot the sume sxured immediately beforo the tal�ing,unlcas Borrower and Lender atherwtse��teo in writing
<br /> or unlaee applic�ble l�w otherwise provides, the proceeds shdl be �ppiicd to the aums exurcd by thia Security
<br /> - lnstrument whether ar not the suma are then due.
<br /> lt the Pmperty is ab�ndonod by Borrower�or it,sfter notice by I.endar ta Bormwer that the condemnor ofters to
<br /> - make�n aMatd or settla a alaim for d�ma�es. Aorroaer tails w t+espond to l.ender within 30 deys atter the date the
<br /> notioe is�iven,La�der is authorized w rnllect and apply the proceafs,at its option,eithor to reawration or ropiic o[the
<br />:;�`�;�_ Piroperty or to the sums secured by thia Security Instrument,whethsr or not then due.
<br /> Unless Lender snd Borrower otherwise�8me in writing,any epplicetion oi proceeda to prin�cipsl shsli not extend or
<br /> ,,,,, . . postpone the due dste af the monthly paymemte reterced to in paaQraphe 1 and 2 or ch�n8e the amount of such
<br /> peyments.
<br /> I1. Bortower Not Relwsod; Farbearance By Leader Not a Wsiver.Extension of tha time tor psyment or
<br />� ,'� , 'u''�; moditteatinn ot amortizetion ot tha sume secured by this Security Inetrument ganted by Lender to any successor in
<br /> .t�. intereat ot Borrower shall not operate to release the liability ot the oriQin�l aorcower or Borrower's auccesaora in
<br /> �� �`` �-� interost,Lender shall not be required w commence procadinga ag�inat eny auccessor in interest or re[use to extend
<br /> , '`+i-•�; ';, time tor payment or otherwise modiiy amortizetion o[the sume secured by this Security Instrument by�n of any
<br /> ; �{;�"kjs� demmd made by the ori�insl Borrower or Borrower's successors in intenst, My torbearance by L.ender in exerclein�
<br /> .� t��'�•° '
<br /> , �};;j•;��;;� �ny riQht or cemedy sholl not be a waivor of or prc�l ude the exereise ot any right or remedy.
<br /> �<<��y�- 12.Successors'sad Assi�ns Bound;Jolnt sAd Seversl 1.i�611ity;Co-�i�aers.The covenants and agrcements
<br /> -' �r ..g� �. • ot thls Sxurity Instrument sheii bind and benefit the succas�ors and essigas of Lendor end Bo�rc�war,subjeci tu lho
<br /> ,+ ••'��.:'.t:..�,y*r;,,�='i 1� -
<br /> . ,�.�„ ,�.,F�,; provieions ot paragraph 17.Borrawer's covenants�nd agreements shail be joint�nd several.Any$orraaer aho coZSigns
<br /> � "•<"•;�:�(��:.:�:. thie Security lnstivmant but does nat execute the Note: (a) is co-signing this Security Instrument only to moRgege.
<br />- •:l.�s..wr'1�-�� '"i
<br />;:;;-��:,' « '`''"�-''��,� grant md convey that Borcowor's i�terest in the Property under the terms ot this Security In9trument; (b) is nat
<br /> �,. ;..:;�r�'•,
<br />;:'�;:H•� ••'='�•';���, . . '��•+ personaUy oNigated to pay tho sums secured by thia Security lnatrument;end (c) agrees that Le�der and any other
<br /> "'���"' :��r..:�;.'.`..; �:. Borrower may sgree to extend,modifp,torbear ar make any accommodatione with re&ard to the terms of this Security
<br /> -.�����:�i��:��% '���
<br /> Inetrument or the Note aithout that Borrower's cansent.
<br /> ��':'+?�``_`�`�.°:':"s,", 13. Losn Cbar�ea. B the loan secured by this SecuMty Instrument is aubject to a law which sets maximum toan
<br /> ��'��:�.`��: ��l�uN`vr� cherges� md that law is finally interpreted so that thB interest or other loan charges rnllectod or to ba collxted in
<br /> w1Y�iliit�r':'ri•.��i�'
<br /> °'�;' connxtion with the loan excced the permitted limits,then: (a)any such loan charge shall be reduced by the amount
<br /> —v:t
<br />_,w' � � nocessary to reduce the cherge to the permitted limit; and (b) any suma already collected from Borrower ahich
<br /> .;:;4,'�:''• � � axceedod permitted limits will be retunded to Borrower. I.endar may choose to make this refund by reducing the
<br />-�- r�b:.�.��Hi!.•.o�::.e. ..'.
<br /> :;:�� ��;�>:;,.�, .;••.,,,3 a principal owed under the Note or by making a direct payment to Borrower.IP a refund reduces principel,the reduction _
<br />�: - ,���:�� ' :; ,�. -, a�i!!be tre�ted es a partial preps�ment rrithnut sny prepeyment charge under the N�rn. �'
<br /> r�'�' �- y�;?=�'��•:r �'.�x't r 14. Notices.Any notice to Borrower provided tor in this SecuMty Instrurnent shell be given by delivering it or by _
<br />_ � •� .��--��- "''�•�� • mailing it by tirst class mail unless applicable law requires iue at another method.The natice shall be directed to the -
<br /> .' -*°�'• r' � Property Address or eny other eddress Borrower desigaates b�•notice to Lender.Any notice to I.ender shall be given by �
<br /> � ° first cless mai) to I.ender's address stated herein or any other address Lender designates by notice to Horcower. Any
<br /> ;� ��' ' notice provided for in this Security Instrument shall bo deemed to have been given t�Borrower or Lender when given -
<br /> � '�'� as providod in this paragreph.
<br /> . . e;• �,,:�•,',
<br /> i+» :: . .. f;":= IS.GoverninY Lsw;Severability.'1'his Security Instrument shall be governed by tederal law and the law ot the �
<br /> .v 3;,- ;� �, ,, �'''<<�' jurisdiction in which the Property is loceted.In the event that any provision or clause ot this Security Instrument or the _
<br />,� ��� . Note conflicts with applicable law.such contlict shal I not attect other pro�•iaia�s oF this Security Instrumont or the Note �
<br /> n�':" �`''•�';;''' ,"°�' which cen be given effect without the contlicting provision.To this end the provisions ot this Security Instrument and _
<br />-�., ;..-�'`' '• " .. ,'•;.. the Nota ire dcclared to be severable. �
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