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<br /> p�yaip�ta m�y ro lon�erbo roquirrd.�t tho optlon uf Lender, iPmortp�a inw�ru�ce covcr�o(in tlKS�unoua anc�for tho pariod
<br /> thM t�ender �equira)provided by�n inwrer�pproved by Lender a�dn becoma�vdlabie�td ia oblainal.8orrowa�hall p�Y
<br /> tbe praniwm requircd w nudnt�in mon4ago iasun�na�e in eflact.or w provWe a las raerve.umil tha roquiror�+nt tor a�ort�e
<br /> iawrmoe atds in�000M�neo with�ny wriuen�teemmt betwan Borrower and Lender or applicable law.
<br /> �.L�peet{or. I.e�der or iu�au may ml�ce ne�wnebte entric�upan �nd inspoctionc of tho Property. I.ender iiall alve
<br /> Barrower notice�t 1he tlme oPor prlor to an in�pecNon�pecffyina r+e�wnabfe awce far the Inspoction.
<br /> 10. Condeu�wtion.The pr000ads of any awrrcl or cl�lm far damages, dircct or cansa�uential, in cnnnoclfon wlth any
<br /> coidemru�ion or otlKr ukin�af any port of the Property,or far oonvoyance in licu oP eondenu�atlan.u�e hereby wi�nod aad
<br /> -.-� eh�ll he pAid t�Lender.
<br /> !n tlio event oPa toul ta�ing of the Property,tha proceeda shall be appliad to the sumc sacurod by lhis Socurity(nstrument,
<br /> whelher or not then due,with any exass paid to Borrower, in tho event of a paKi�l taking of the Pmpeny in which the f�ir
<br /> market value af the Propeny immodiQtcly beforc the wking is equal to or grcater thAn thc amrwnt of the wma sxurcd by thii
<br /> Secu�ity Insttumer�t imrnodiately befarc the wking.unlesq Borrower and L.ender othenvlse xgree in writing. Iha rums secured by
<br /> - thle Seaedry Itatrurt:ent ehsll be redueed by the amo�snt of�he pratiecla rnaltiplicd by the fa!lo�ving fract4on: (a) the totn� -
<br /> amount of tlw surrm sacurod immedietcly before the taking,divlded by (b) thc fair maricet value of thc Property immediately
<br /> _ beforc the taking. Any bolanee shall be paid to Borrower. In the event of a partfel taking of the Property ln whlch Ihe fair
<br /> market valua of thc Property immodiately before the teking is less than the amaunt of the sums securod immediately beforc tha
<br /> taking.unless Borrower uu1 l.ender otherwise agree in writing or unless appllrable law othenvise provides, the proceeda ehall
<br /> be applied w tbe sums setured by�his Secudry Insttument whether or not the sumc are then due.
<br /> If the Property.is abandoned by Barnnwer.or if,after natice by l.ender tu Borrower that the condemnor offers to make an
<br /> award or settle a claim for damagcs. Borrower fails to respand to Lender within 30 days ufter the datc �hc raticx is given,
<br /> _ l.ender is uuQ�orized to cotla��t and apply Q�e prw.�.ut i�s optioa.eilher to resw�ation or r�epair of the Property or w the sums
<br /> cecurod by this Security Inetrumem,whether or not then due.
<br /> ' Unless I.ender and Borrawer oiherwise ugree in wrlting, any application of pro��ecis ta principal shall not extend or
<br />; postpune the due dute of 1he monthly payments refeRed ta i�para�phs 1 and 2 or change the amaunt of such payments.
<br /> r�` 11.Borrower Not Relc�sed;Forbearance By Ler�der Not a W�iver. Extension of the�ime Por payrnent or modilicatian
<br /> a.
<br /> ,}� of amortizution of the sums secun�by this Security Inmument granted by I.ender tu any successor in interest of Horrower shall
<br /> not opernta to rclease the liability of the nrfginal Borrower or Barrower's successors in inlerest. Lender shall nat be required to
<br /> commenre proceedings ageia�t any successor in imer�e�st or refuse ta extend time for payment or otherwise modify emortlzation
<br />�;���r of the suma secund by this Security Inslnrment by reason of any demand made by the origlnel Borrower or Borrower's
<br /> - ': cuccessar:g in interest. Arry forbeamnce by Lender in exercising any right or remeciy shall not be a waivei of or preclude the
<br /> _ exercise of eny dghi or remedy.
<br />`-'�' l2. �rs astd 1�sslg�ss Boussd; loitsi snt! $esetai t.iAbiiiiy; Co-s1g�7e�'�. Tlin wve�Iwiia :unl ut;r�ulc�iia Or th15
<br /> �.�.,,�,; Security InstrumetM sh�ll bitid and benefit the successors and assigns of Lender and Bomower. subject to the provisions af
<br /> ,t '",,�,�'fi+3:•3r;, paragraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Securfty
<br /> •'�y;;.';;.
<br /> M* tia�.;;.« Instrument but doe.4 not execute the Note: 1�) is casigniag this Security Instrument only to martgage, grant and convey that
<br />_- � 'i�,s�c� `" Borrower's interest in die Prope�rty under the terms of this Security Instrument;(b) is not personally obligated to pay the suma --
<br /> � . � secured by ihiti Security Instrument;And Ic)agrees thAt Lxndcr anJ�ny�ither Borrower muy agree to exlend,modify,farbear or
<br />_ r rt.�r•
<br /> � . .,•:�: . make any accommoda�ions with regard to the terms of this Security Instrurnent nr the Note withaut Ihut Borrower's conisent.
<br /> ; `'7'��t`! 13. l,opn Cha�es,lf the loan secured by this Security Instrument is subject to a law which sets maximum loan charges,
<br /> :• �l�¢,,:. .�. .c
<br /> `` ' and that law is finu�ly iMerpreted so that the interest or uther I�ian churges cullected or ro be collected in connection with the
<br /> ' ;�;�.;,. '' • loan excevd the permilted limits, then: (u)uny such loun charge shull he�iuced by 1he amount necestiury to reduce the charge =
<br /> � r,�} J '��� to the rmitted limlt:and(b)uny sums alrcudy collectc�l from&irrower which exceeded
<br />'"' .�,�"�, � �!'�'�h:,. I� permittcd limils will be refunded to `
<br /> `�`nu-:;;. Borrower. lxnder muy chac�se to muke this rcl'unJ by reducing Ihe prinripul owed under the Note or by making a direct
<br /> • '����;�;4,'_ pAyment to Borrower. If a refund reduces prinripal. �he r�eduction will be trcutcd as a partial prepayment without any -
<br /> � '"�'�""''d�'' prepayment chnrge under�he Note.
<br /> �.tr� �+`�x:7-�'•,.,.
<br />_�•.� �' ''•4;.,�;�'.::t,a: � 14.Notices. Any notice lo Bormwer proviJeJ for in thi�Security Intiirument til�ull lie given by dclivering it ur by muiling -
<br />' " �����i�w`�� '�. •' it by first class mail unless upplicable luw requireti uk of un�ither mrtMxi. The n�nirc,h�ll be directeci to the Property Address
<br /> ;'�"��=;^'•• ` - or an other uddress &xrower de+i nutes b n�Hice to L..�nJcr. An nutirc t�� l.�:nJer tihall Nr y
<br /> „ �, •..;�#.,� ' Y B Y Y given b first rlass nwil to _
<br /> ' �•'��• ' l.c:nder's adJress steted herein or any other uddr��,ti l.rndrr de.i�natc�by notirc t.i Bnrrowcr. Any nuticc provided for in lhis
<br /> _ y,&'" -
<br /> ; ;.t�; • . . ,- Securily Inslrument shull be deemaf tu havc tntin givcn to&irruwc�or Lcndcr whr.n�!iven u�providcJ in thin paragruph. _
<br /> '"' ' " ���':�`•� ���'•�= 15.Governinp� I.�w; SeverAbiltty. This Securi�y Instrument shall be go��crneci by I'eJcrul lua• und thr luw of the -
<br /> y� ��'���r,, , jurisdirtion in which the Property is kkut�xl. In the evcnt that any pru��i�ion ur cluuM��f thi,Srcurity Imtmment or the Note
<br /> - � ' conflicts with applicablc law.,uch conllirt�hall not uftcrt oth�r prnvi,inn.�►f thiti S��urity Instrununt��r thc Notc which cun be
<br />.,�' ";��,_'�w: .
<br /> :� �.n��:;�:• � given effect withaut the�nnFlictiog pnrviaion.To thir enJ thr pr�i�•i,iun.uf thi.S��urity In+trument and thc Ni�te ure dcclut�ed
<br /> `', �o be severoble.
<br /> � �• . 16.Borrower's Capy. &mower shall be given�mc ronli�rnutil r�ipy uf tlx Not�unv uf Ihi.r Securily In.rlrumm�t. F
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