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<br /> __---�---Y-• ----- - ��.�,�� ..,.�..»�...t,� �nimci.ot che opdun of L�cader.if mort�a�c insurance covera�e(in the aaauat and for the pcdod �_-
<br /> ';.j ttwt l.ea�der requirex)pmvidod by an insurer approved by Lender Again bocomea availoble aM��obwmon. t�orrower siwi�t+sy
<br /> W�- --- the premlup�requiRd to maintain moKgrBe inaurance in effxt,or to provide a loss rcserva,until the requi�u for rroR��e
<br /> �' �r�x ends in aaordaace with any writeen agrennent botween Harrower and l.ender or applicable law.
<br /> ___ '� 9. �a�pectlo�t�L.cndcr or its ugast may mr�ke re.��nnable eatriea upon und inppecUone of the Property. i.ender�I�II giv� �--
<br /> - --- 1l�rmwcr�►ticx At the time nf or prlor to an inapxtian apocifyiag rea�onable causc far the inspection. -
<br /> ,�.�.� 10. Condemaot[oa. The procetda of any awend or claim for dameges. direct or cansequential, in connection with any
<br /> ---- -_� art of the Properly.or for conveyance in Iteu of condem�wtion. are hereby acsi4ne�and
<br /> - condemnutian or other wkin�uf auY P
<br /> -w��
<br /> -------.---�;:=� slwll ba paid to I.et�der.
<br /> _-�-_--_-------- -- --�
<br /> ----_•� In the event of e total taking of the Property,the pracceds shull be applied to the sums secured by�hia Seeu ry nstcumeat. �_ �
<br /> whether or�ot then due, with aey excess paid to Borrower. In the cvent of a partial wking of the PropeRy in which the fair
<br /> �'�-'`,� market velue of the Property immediately before the taking is equal to or grcatcr than the emount of the sums secured by this
<br /> �-��,;� Security Iastcument immediately before the taking,unless Aorrower and Lender atherwise agree in writing.the sums serurcd by
<br /> thia Secudry Instrument shall 6e reduced by the amou�c of the proceeds multiplied by the following fraction: (a)the total
<br /> �,.�`• � amount of the sum�secured immedistely before ihe taking,divided by(b) the fair market value of the Properry immediately
<br /> -�^,:.��m r y .
<br /> '�==,_�;, ,< , befot�e the takiag. My balaace 9ha11 be paid to Borrower. (n the eveat of a partial taking of the Property in which the r _
<br /> _ � _..,��:� marlcet value of Ihe Property immediately before the taking is Icss than thc amount of the sums sexure�l immediately before the
<br /> .-=y,T,�,,�:`• . taking, unless Borrower and L.ender otherwise agree in w�iting or unless appNcable law otherwise provides, the proceeds af�all _
<br /> -`_-__�.-�� _„�. be applied to the sums setured by this Securlry Instrument whether or not the sums are then due. _ _
<br /> - - `-- � If the Propeety is abandoned by Borrower.or if.aftcr notice by l.endcr to Borrower that the condemnor offers to make an
<br /> ��` ;:<<:`;i- •= award or settle a cl�im for damogea, Bonower fails to respond to l.ender within 30 days after the detc the notice is given, •�
<br /> --'' '.';.��' .._ L.cnder is authorizod to collect and apply the pracecds.at its option.either to restoration or repair of the Property or to thc sums
<br /> �� �"`"°� eecurcd b this Security Instrument,whether or not then due. `
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<br /> -°- '_"°�:-��:�•� Unlesa Lender and Borrawer otherwise agree in writing, any applic+uion of proceeds to principal shall nat extend or
<br /> 4�"?�a� .. �.,, postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments.
<br /> �'-���;, .�'.: ,,,,_•: = 11.Borrower Nut Reles�sed; FotbeArance By I.ender Not a Weiver. Extension of the time for payment or modification __
<br /> t�''�''�"`':p� ` �� of atnortization of the sums secured by this Security Instrument granted by L.ender to eny successor in interest of Borrower shall —
<br /> ,# �. ' �ot o rate to release the liebiliry of the ariginal Borrower or Borrawer's successors in interest. l.ender shall not be required to
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<br /> = _° �•�,.�;�,' cammence praceedings against any successor in interest or refuse ta extend time for payment or otherwise madify amortization `�
<br /> '.� ',_ - of the sums iser.urcd by this Security Instrument by rcason of any demand made by the original Bc�rrowcr or Borrower's �,_`
<br /> �ir�•, ','."�:;`" � successors in interest. Any for6earence by L.ender in exercising any right or remedy shell not be a waiver of or preclude the
<br />- .=�' � cxcrcise of any right or remedy, —
<br /> __ '``.�_•-�,_ _ 12, Successors and Assi�ns Bound; Joint and Seve�►I Liability; Casigners. The covenants and agreements of this
<br /> � a� �� - Se,curity instrumeM shall bind and bencfit the successor3 and u�yi�iis of i.e.ndcr and Sorrouer. subjec: to the provisions �f
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<br /> �; :�.: �,. ., paragraph 17. Borrower's covenants and agreements shall be jaint and several. Any Borrower who co-signs this Securiry „
<br /> ":'�G'. � � Instrument but daes not execute the Note: (a) is co-signing this Security Insttument only to mongage, grant and canvey that _�
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<br /> .. Borrower's interest in the Property under the terms of this Securlty Instrumenr(b) is not persanally obligated to pay the sums
<br /> `�' , - s�cured by this Security Instrument and(c)agrces that L.ender und any other Borrower may agree to extend, modify,forbear or Y���
<br /> � ,�•��r�r•,. : . nwlce any accommodations with regnrd to thc tertns of this Security Inatrument or thc Notc withaut thal Borrower's consent.
<br /> .:,.�k,.. 13.I.owt CUarges. If the loan secured by this Securiry Instrument is subJect to a law which sets maximum loan charges,
<br /> �,,,,:. • .- and that law is �nally interpreled so that the interest or other loan charges collected or to lx collected fn connection with the ----
<br /> °°k� °••� � loan exceed the permitted limits, then: (a) any such toan charge shull be reduced by the umount necessary to reduce the charge __
<br /> ',=;'� ''' , ., � � to the permitted limit;und(b)any sums already collected fmm Borrower which exceeded permitted limits will be refunded to
<br /> " ° • �' � Borrower. L.ender muy choose to muke this refund by reducing the principal owed under the Note or by making a direct
<br /> _ ,a,;,,,.� '' payment to Horrower. If a refund reduces principal, ihe reduction will be treated as a partial prepayment without any
<br /> �µ.-,�� :.�,...,..:_ k prepayment charge under the Notc. --
<br /> __ •-�+� ., r••� 14.NoNces.Any noticc�o Borrower provided for in this Security Instrumcnt shall bc�iven by dclivering it or by mailing _._
<br /> -7� r�''' it by tirst class rnuil unless applicable law requires use of another methai. The notice shall be Jirected to the Property Addass ,__
<br />_�:t;,.� � or any other address Borrower dcsignatcti by noticc to Iw;ndcr. Any noticc to Lendcr ,hall bc given by fi�st class mail to 6''�
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<br /> 1� ,� i,ender's addrcss stuted hercin or uny other uddresx L.cnJcr drsignotcs by notice to Burrowcr. Any notice provided for in this
<br /> � �a4�. ' , Security Instrument shall be decm�xl to huve becn�iven to&+rcowcr or Lender whcn givcn as provided in this parngraph. r�
<br />--''`�`� '� 15.Governing la�w;Severability. This Security Instrumcnt shull bc guverned by fcderul luw and the law of the �:
<br /> a;"i�� ,«�, . jurisdiction in which the Prope�ty is lacuted. In the event that any provision or cluuse af this Sccurity Instrument or the Note
<br /> _ � " o,, conflicts with applfcvble law. such mnflict shull not uffect othcr provixions of this Sccurity Instrument or the N�xe which cen be �
<br /> • given effect withaut the conflicting pritivision. To this end the provisionx��f this Security Instrument und the NMe are declare� L
<br /> i• �� ° to be sevcrable.
<br /> _ • .� 16.Borrower's Copy. Borrower shull he given�ine conformed copy ui'thc Note unJ of this Security Instrument. f
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