v. ..k��,� . . _ --. _- "_- -__
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<br /> at ths �pn oi L�endes�.It mortp�e tnw�noo oovaa�e (in the amaunt�nd for th��eriod t)t��' t��� nqule+r) .
<br /> provided by�n Inarsar�pp+qved by L,ander api�beaoma RwilaWe and h obt�inad.HorroMx�il p�y the pamiums �
<br /> rbqui�+rd to mdnt�in mort�a in�ur�noe in etteot,or to provlde�ta� raerve�until the requic�ement tor mortp,e
<br /> i�anoe endet,�n�000rdsno��r1th�ny written ap+eement bet�veen 8orro�rer ud I.a�at�ppliaable I��r.
<br /> 9.IarpeWlon.�,a�da�or Its��aa�t nuY m�te re�eonable enWrs upon md inpeot�on�ot the PY»perty.Lerider�IWf
<br /> �iw Horroaar notloe at the time ot orprIor w�n lnspeatton speoityin��+n+ronsbie cawe tor the impeodon.
<br /> ��.CoAdemwtioa.Tlie��prooeed�ot�ny aMU+d or cl�fm tor d�mye�,diroat or oonbquentl�l,in oonmodcm Mtth
<br /> �ny oa�demnRtion or oti� 3n�af�ny p��c ot ths ProPa'tY�or far aonwyanoe in Iteu ot oa�demn�tion�an hrnby
<br /> _�,�.�...._�.,� �si�nad�nd shdl be pId to Lender.
<br /> In ths ew�nt of a toq!4�kDn�of the ProPer't9�the p�noeed��11 be�pplied w ths�um��ecuroA by thi�Saourity .
<br /> Inkrument,Mh�ther or not elMn dus,�Ith�ny ercas pid to Borrowa�.ln tiit evant ot�p�rtid tslti n�ot ths Property in
<br /> NNoh the tdr madcet v�lue d the Pruperty immadl�tely bfore tM aktns b eqwl w or p+ater than��mount ot the
<br /> — sum�Mcurod by thi�8ecurity lnnrument immedl�taly betoro the akin�, unler Horrowar and Lenda�otha�rire�p+�e
<br /> in wrian�iiie wms�eoured by th�s&auriry imirumenz ri�ii be t+o3uoo3 by sho�mnuni uP d�praiuooci�mul�iptind 6y
<br /> the tollowin�inatian:l�)the toW�enount of the sunu seaurod itnmedi�tely betoro the tarin�.d'e vided by(b)the fdr
<br /> m�lcet vaiuo ot the Property immedi�tely betore the nkio�.My bd�noe rh�ll bo pid w Horrowrar.In the event of�
<br /> p�cdd takin�ot the Property in Mhioh the�air inuicet v�lue ot the PrAperty imtnedi�tely betore the takinQ i�leen than
<br /> tta�mount ot the eum�seaurod immedi�tely betore the takin�,unla+e Horrow�er�nd Lender otherwiea s�roe In wridnQ
<br /> or unlas �pplicable I�w othet�tee provides, the proaeedo aull be appfied to the �ums �eouced by this Seaixity
<br /> Intrument Mhether or not the sums are then duo.
<br /> Ii tJ►e Property ie�b�ndoned by Horrn�►er�or it,�her nodoe by Lander to Borrower th�t the aondemnor otta�s to
<br /> " mdce a��Macd or eettle a al�im tor d�m��ee, Bomoper�dls w respond w Lendar within 30 daye�tter the d�te the
<br /> notioe ie elven�I,ender is�uthorized w collaat and apply the prnoeede,at its aption.eithar to reswrsdon or rop�ir ot the -
<br /> '';- Pi»perty or to the eums eoaurod by thie Seaurity Inetrument,whether or not then due.
<br /> . U�lae Lenda�and HonoWer otherwieo agroo in wdtin�,any�pplication d p��ooeeds to pri�►cip�l d�ait not actend or
<br /> :,;• P�P�the due date ot the manthlY P�Yments r�tax�ed w In pua�phs 1 snd 2 or ch�n@e the smounx ot auch
<br />..;� P�ynnent�.
<br /> � 11. Borrower Not Aete�sed; Forbearaaoe By Lcader Not a W�ivar. Extcr�sion of tho time for psyment or
<br /> modiGcation oi amortiution ot the aums aocured by thia Socurity Inatrument grantad by I.endcr w any succeeeot in
<br /> - intarost oi Borrower ahall not oper�u to reiease the liabllr•ty ot the ori�insl Borrower or Borrower's su�oeesora in
<br /> ' '� interest.Lender slull not be uured to commenoe
<br /> ,:��� ra�y proceedln�s a�ainet any succes�snr in interaet or roiuee to e:tend
<br /> ���t��
<br /> ,r,,f�i 4��� time tor p�yment or othenvise arwaity amortiz�tion ot the sume sxured by this Security Inetrument by rason of any
<br />`" �'���;(`.:t�. demand mado by the ori�in�l�orrowor or Homower e sucxessore in intereat. My tac^'Daance by I,ender in eaetcfein�
<br /> ` ��i5iv�.�
<br /> ,A , , ,�, ,��� any ri�ht or romedy s�a�ll nat be a waiver ot or proclude the exerclse of any riQht ot romedy.
<br /> -�,.�,�F:��.r;��,,s: 12.Succe�sors�aad Asai�u:Boand;Joint md Several Li�bility; Co-si=aors.The covensnte and rgroemenis
<br /> . ��;Nd�,;�i;,;� ot thia Security Inat,cument sha11 bind and benofit the succes�ore and assi�ns of I.ender and Borrower.eubjxt to the .
<br /> �l:t`�'.•;; provisions of para�raph 17.Horrower's oovenantn�nd�qreements eheli be joint aad sevenl.An,y Horrower wha oo s1Qne
<br /> �'a"'�`��r�;;t � thie Securlty Inetnament but ctt�es�ot exxute the Note: Qa) is co'signing thia Security Instrument only W martpge,
<br /> �w-�;�.4-�� � t and conve thRt Borrower'e interest in the P under the torms ot this Securit lnatrument;
<br />- r�Y�`L�.,>,.{r�' � Y *�nY Y (b) is not
<br />_ ' } pe�on�ly obligated to pay the auma seoured by this Seourity Inetrument;and (c)agrees that I.ender and �ny other
<br />- �:""`�:''�"'•"1,�F�`Fti, Borrower may agroe to extend,renodify,forbear or mal�e any accommod�tions with re$srd to the terme af thie Security
<br /> � ���'�°��� Inetrument or the Note without tfiat Borcower's consent.
<br /> _ :�hal.wu�a�r;`;:�::�;;
<br /> �e 13. Losn C6srRai. It the la�an sxured by this Sec�or�ty Inetrument is eubject to a law which seta maximum Iwn
<br /> ,,:,,�;,., -
<br /> , .�,.,���Y;� aher�ea, and that I�w is tinally interpreted so thet the ir�tereat or other loan chargrs collected or to be collocted in
<br /> "�: ;;• a}1�.p�:•", _
<br /> _ .._, ,,4,. ;.�c-. connection with the loan ezceed the permitted limits,thon: (a) any auch lan char�o ehsll be roduvod by tho amount
<br />;.i; �i:;° a; ;��.,,�.,;�o+ nace�ry to roduce the charge to the permitted limit; and (b) any sums alrt�dy collacted from Bomower which _
<br />- ';r�t �?�..�! exceoded parmitted limits will •be retunded w Borrower. I.ender may choo�e t•o make thie retund by reducing the
<br />. n. _�___r^•.�T.-r� , -..
<br /> ��� ; r,.r
<br /> +�::, �;�•}�;:;::r.•:; princi 1 oaed under the Note or b makin a direct ment to Borrower.If�refund reduces
<br /> ,., PH Y t WY Pnncipnl.the roduction
<br /> , jh•��� ,��3{���I5��+4���;�,�. will be trrated as a psrtiel prepsyrnent without any prep�yrnent charge under the Note.
<br /> � "�� !4.Notices,Any notice to Borrower provided for in this Security Instrument ahall be given by delivering it or by
<br /> . . .,{n�yS!�sli,�i�.I`,t'�.,`�',,!'`„+n
<br /> '�+ '..,�„�,,,.�K�,,_,,•�:.,..,.• ., meiling it by firat class mail unlese applicable law requirea use of another method.The notice shall be dirocted to the
<br /> - • v,:.,.. ,,.t:�•i.;. •
<br /> ,,.. . , , , ,;�;.. Property Addreas or any other address Borrower designdtes by notice to I.ender.Any notice to I.ender ehsll be Qiven by -
<br /> � °�-,y� � ��,`'''5::.'� ` � first class mail to Lender's ad�lrrss sqted heroin or any othor address Lendcr dtsignates by notica to Borrower. Any
<br /> �.:' ;;�';^�:��;��� notice provided fo�in this Security Inetrument shall be deemed to hove baen$ive�to Bomower or Lender when�iven
<br /> � --,;..n..�,�ti;;:;��r;, ae provided in this peragraph.
<br /> ��• f" IS.(ioverninY I.�w;Scverability.Thia Security Instrument sha11 be governed by teder�l law md tho I�w of the
<br /> .�= d ,H�;':`�.4 .° .' _
<br /> • ; •• �r ..• .- jurlediction in which the Praperty is locsted.Ir.!he event that any provision or clat�se ot this Securisy Instrument or tho �
<br /> ��''. i.'%.';{"''�,�y� ""° Note conflicts with epplicsble law,such contlict shall not aHect other ptovisions of thia Security Instrument or the Note
<br /> `�'4��r,�,1;. .a%.<"'�'� which can be 8 P P Y
<br />:=�' , .�,,.r;��•.:�,,:::r��,: given effact witfiout the contlictin rovision.To this end the rovisio.ns ot thia Securit Inetrument and
<br /> �. �.,. �:,�.;,:c�r;' the Note aro doclared to be ve
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