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<br /> p�ytaeap m�y m lauar bo requirod,at tha opxion of Lrnder.it moex�aQe in�unrwe oave�e(in�ihe�md for tiise peciod
<br /> tlyt I.ador roqulrea)proMlded by�n inwrcr�ptxovod by l,ender a�in bocomea nvail�ble ond i�abtaloed. Horrower�t�rll p�y
<br /> We pnmiun�roquired 10 nsslatdn mort�e iawr�nce in affax.or w provkb�loa rae�vo�urail tlrs roquirauatt for morl�e '
<br /> inu�anae aids in s000rd�noe�witd wy wrivai�batween Bormwa ad Leader or applic�ble Uw.' �
<br /> f.lwpectio�. Lawler ar iu y�ent may m�ice raambla entrfa upan and irupoctiau oP tbe Prepercy.Ladtt d�U�ive
<br /> 9oe+owar notia at ihe time of or pdor w an inspoction�pecifying reawn�bfe cause for the in�pection.
<br /> 10. C�andaa�tlon. Thc procood9 of any award or claim for damsges. dlroct or consoqucntial, in oonnoctlon with�ny
<br /> aademn�tion or other iticin�of�ny prrt of t6e Piraperty. or for�onvayanca In liou oi owdemnotbn.aro be�eby wwianed wd
<br /> -,_ s�lull be pwid to l.a�dcr.
<br /> In the event of a totrl hking of the Property,tho proceede st�ll be�pplied to the suma secured by thia Sacurity Ias�rument.
<br /> whether or not the�due, wlth any exctsa paid ta Borrower. In the eveat of a pwti�l wking of the Pro�erty in which ttie fair
<br /> rn�ric�valuc of the['roperty irrunodjat�sly befc�t+c d�e taking is equa!w or greater tlwn the amount of tbe suri�s geaued by tlds . �
<br /> Secudry Inctrument lmmediately before�he talc'sa�e, unleas Horrower and Lender otherwisa agree in aritlqg.the sums secuied by
<br />- tbia Seeurlry Insuum�mt shali be redueed by �he w�Kwnt uf d� proceeds muldplied by thc fotiouang t'rast�on: EA?the total
<br /> _ �aovoud of�he suma socured immodiately before the taking,dividad by (b)tho fair mar�et value of.tba Property immodiuety
<br /> � befon the Iaking. Any balence shall bo paid to Barrower. Ia thc event,af a putial talcing of tho i�nperty in which thc fair
<br /> rnarket value of the Property immodiately bcfo�the taking is less than,th�amount of the auma secunod•imtnedfatelY before the
<br /> tating,unless Borrowcr and Lender otharwise wgmx in writing or unless applicable law athenvice proWdcs.the pruceedr�tyl!
<br /> b��pplied ta the swms socurcd by�hir Securlty Inatrument whether or not the sum.r Are then due.
<br /> ti thc Property is atwndonod by Horrower, or ii.oflcr notico by l.ender ta Burrower thrt the candemiwr offers to m�ice an
<br /> awud or attle A clwim for dwnu4cw, 8ornnwcr fail� �a rcipond to Lender wilhin 30 days aflcr the d�te the nolice ir �iven,
<br /> . - - Lcndcr is autha�izrd to rnlloct�nd apply the pnxYeds.at it�optiun.ellher w resturrUun or rcpri�of the Pn�perty ar ta�he wm�
<br /> � socured by Ihir Saurl�y In�trument,whelher ar�t�hen duc.
<br /> - Unlcax l.cndcr nml Bormwcr dhcnvisc �grc¢ in wrflin�, uny applica�i��n nf pnxrals to principal rhall nat catetd or
<br />�� pn9tpone�he dua Jatc uf�hr,munthly puymcn�w refcrn�d tn in hara�{rnphK 1 und 2 or chunnc�ha om�wnt of ruch payment».
<br /> .R 11. Bort+ower No1 Rekmedi Forbearntice Sy t.ende�Not p Wplver.Exterwiun af�he time far payment or modi�cetion
<br /> � of emarli�.��fon iif the gwnx xe�ured by Ihia Securfty Instrumen�grunteJ hy l.enJer t��any Kuccessor in intereat of Borrower�h�ll
<br /> : '- nat operxte�o rcleuze�hc linbility oP the original Borrower or&�rrawcr'x succcs�rx in intercst. l.ender shall not be requirod to
<br /> commenc�proceedings against any successor in interest or refuse to extend tin�e far payment ar ahenvise madify wnortization
<br /> - of tix numx sxured by thie Sacu�ity Instrument by rcason of any demuncl made 6y� tho original Borrower or Borrowcr's
<br /> successors in intere.gt. Any forboarance by I.ender In exercising any �ight or rcmady•.shall;nat be a waiuor of qn preclude the
<br /> eacrcise of any right or{emedy.
<br /> - - !2. S�rs usld Assl�ns &.�nnc�; ,I�!!�t en�]CPver�l I.iaFdUty; C�ignerp. The covenente and�a��eements of this
<br /> , Secudty instrument shall bind ond benefit Ihe successors and a�signs of Lender and Borrower, bubject to tha provisions of
<br /> �., „�; paragraph 17. Borrower's covenants and agreements shall be jaint und several. Any Borrower who co-signF d�ls Security
<br /> = I�utrument but does nM execute the Note: la) is co-signing this Security lortrument only to mortgage, grant and convey thot
<br /> ,
<br /> '��� � Borcower's intcrest in the Propeny under the terms af this Security Instrument;(b)is not personelly obiigated to puy the suma
<br /> ,,,�,� secured by this Security Instrument;and(c►a�zrees thAt I.ender s�nd any aher Borrowcr may agree to exiend,madify,forbear or
<br /> -`„ ; . ; make any nccommodations with regurd to the terms of this Security Ins�rument or the Note wichout thut Burrower's consent. _
<br /> „:"5�;;t` ,. ;•� 13. Loan Charges. If tha loan securpd by�his Securi�y Instrument is subject ta a luw which�ets muximum loan charges,
<br /> . :.•t.�t,, --
<br />- •�••� and that law is finnlly interpreted so thot the interest ar olher loan churges callected or to be collected in connection with the
<br />— �� � `".'����"""'''' loan exceed tha rtnitted limits,then: (a)an tiuch loan char e shull hc reduced b the amount necessa to reduce the chs�r e
<br /> .r,�w��,a1 Pe Y = S Y �Y B
<br /> - :�,�;;,`,;''-`•''�t� to the permitted limit;und(b)any sums already collected from Borrower which exceeded permitted limits will be refunded to _
<br /> •'"- '�'���� Bonower. l.ender may cha�se to nuike this refund by reducing the principul owed under the Nae or by making a direct
<br />. ;}�;'-�. • _
<br /> ' K h• '"�'•`` payrnent to Borrower. If a refund reduces principal, ct�e reduction will be treat��d as a panial �epayment without any
<br /> � -*aii4��� ' • • •4;!., �
<br /> b ..•,,.. prepayment churge under the Nae.
<br /> �.. +' �....-.,.,,:..:
<br /> .���`�°� •� • l4. Noticrs.Any notice to&�rrower pravided For in thin Securiry instrument shull 1x given by delivering it or by meiling
<br /> :ac�Ess`=';:�' �`����<<• it by first cluss mail unletis applicabl�law requires use of:�nothcr method. The notice.rhull be directed to the Praperty Addnsss
<br /> �` or any other uddress Borrower cksignates by �x�tice to I.e�xler. Any nntice a� L.ender shull t+N given by first cluss muil ro —
<br /> �%��.;.:.�,,; ., ,,.r
<br /> ��.'•���• .�� Lenckr's address�tated herein �r Any othcr addre�. Lendcr designvtes by n��ticc t��Burrower. Any notice provided for in this
<br /> -- :.ti��:'.;..�.,,j•rr:�.•.
<br /> ��" •;,a.:�,;M1�t;���,.:f'�,:;�;t{ Securi�y Instrument shul��be deemed to have bcen givcn t��&�rrowcr�x l.cndcr whcn€iven a.provided in this puragruph.
<br /> •' �� . •.• -a.: I5. Govet�atng I.aw: Severability. Thi, Sccurity Instrumcnt shull be govcrned by fedcral law arui thc luw of the
<br /> - ' 't��� ' ��'�� urisdiction in which�he Pro n is lacutcd. ]n�hc rvcnt �hut un rovisiun or cluuu af this Securit Instrumem or the Note
<br /> ':' �v�.,...+ 'i;y�l J P� Y Y P Y
<br />- "� Fr��.���f�.�J.�� '•�, contlicts with npplicuble law,sunc�on0ict thall mit affect a�her pravision,of thi.Security Instrumem or the Note whinc�an be —
<br /> �...�:{�a-�:�r•.�.,...
<br /> ',�'� ;n;.;;it�:,,,��}l+. given�ffect without the contlicting provision. Tu this end�h�proeisions of thi�Securiry Instrument and the Nute ure declured
<br /> . «.`t,.�,,:'. :<. �, to be severuble.
<br /> • .. .;•;::�,,;,,.����;�,;.�
<br /> ;_, f`,., c c�. 16. Borrower's Copy.&xrower shull be given one cnnfurnieJ copy of thc NiNC unJ of thir�Serurity lnstrument.
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