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<br /> p�yn�aN�m�y no IonQer bc requirod, �t tho optlon oP I.ender,if mortga�e inwrancc wver�o(In the unount ard for the perfad
<br /> that l.ender �equira)provlded by rn incurcr ap{►roved by Lcnder a�ain baomea av�lloblo wnd ir obuloc+d.Borrowor thall P�Y
<br /> �ho pmmiums requirod w m�intain mortRa�e inwranx ia cffoct.ar to provido A low►raerve.until tho raquircment far aoo�a
<br /> inw�:a ends in aoco�dana wlth any written ayroement between 8orrowe�nnd Lender ur�pplicable low.
<br /> 9. Impatioa. Lender or its aQa�t may m4ka reasonabie entdes upon aM incpoctionc oi ihe Property. l.endu�11�ive
<br /> Horrower notia at tho time af or pdor to an inspectlon specifyfng masonable cause for the io�poction.
<br /> 10. Condannstbn. The proca�ds of any awud or cl�im for dort�ages. direct ar consequential, in oonnection with�ny
<br /> oandemnation or aher talcing of ony put of the Property. or for conveyanex in liw of condemnation,erc hereby a�siQned ud
<br /> sludl be ppid to I.ender.
<br /> In the event of a tatal telcing of the Property. tha proceods shall be uppiied to the sums socural by this Sxu�ity Instrument,
<br /> wt�her or not then due. wfth any excess paid to Bormwer.Io the event af u parlial teking of lhe Pmperty in which the Pair
<br /> marka value of the Prope�ty immediatcly before the takfng is equal to or greater than the amaunt of Ihe s�ur►v securod by ihi�
<br /> Secudty Instrument iincaad�iately betore the taking. unless Borrower und Lender otherwise�gra in wdlinQ.the sums secu�+ed by
<br /> this Socudty lasciumem shall be rod,uced by thc amount of the proceEds multipliod by the�dbvving fiaclion: (�)the wt�l
<br /> ,��. amount of the suroa secured iaunediateiy beforc tl�e taking.divided by (b)IAe fxir m�rket vxiuc of the Pmperty irtunocliMely
<br /> � befor�c the takiqg. MX bs�l�nee sha01 be p�wid W Borrower. !n the event v�r�paxtial taBing of the Pro�perty ia whic�the fair
<br /> `.. ��''��..:• .��.- � market valua oi the Prapertt•in�n�a�t'atety before ehe taking is less than the ar�xmt of the sums secu�ed imn�diutely 6efon the
<br /> a:�;'�;l�r;;.`�r;�?;���, taking. unless Borrower xaal l.�rnder othenvisc agree i�wr�ting or unless applic�sQ�4e law attiewi►�o provfdes. the procads�ball .
<br /> L"� `''''•�' '' ''j�`' he applied ta the sumn secured by thi�Srccurity Instn�ment whetl�er or not the sums are then due.
<br /> �:�"• t�N�i:�¢rcv_.;;,c;il�;'�,
<br />�' � �p If the Propeny is abandonad by Boisrower,or if, after noticc by Lender to Bartower that tho condemnor off'ers to malce ea
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<br /> t ''��+``�'1°. award or settle a cla�m for damages, Bornower faila to respond to [.ender whhin 70 deya after 1he date tha nodce is g(ven.
<br /> "������ � '� Lender is author�zad to collect and apply the praceeds. ut its option,either ta msturution or repair of the Praperty or w the wm�
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<br /> .,r f ;; .4+,�1.�,'_ secural by this Security lnstrument,whether or not then due.
<br /> �� '�.:��r Unless l.ender and Borrower otherwise ogrec in writinR, any application of pro��oeds to principal shall not eatend or
<br /> �: ,� � ��,�,',�;�rk�, '•, postpune the due date of the monthly payments referned to in pamgraphs 1 and 2 or change the anwunt of such paymonts.
<br /> , 11.Bornuwer Nat Iteleased;Forbearance 6y l.cnder Nat A Wuiver.Extension of the time for payment or modi�cWion
<br /> + ,. :. :; of amortization of the sums secured by this Security Insin�ment grunted b,y Lender ta any successor in interast of Borrower shel)
<br /> , . not c►pernte to release thc liability of the originol Borrower or Bormwer's auccessors ln Interest. Lender shell not be required W
<br /> � � .;� ��,. mmmence praceedingsc against any suocessor in interest or refase ta extend time for payment or othenvise madify amorti�tion
<br /> , �r' of the sums socured by this Security lnxtrument by reason of any demand madc by the oeiginal Borrower or Borrawer'�
<br /> �� � � � f: successars in interest. Any forbeumnce by Lendar in eaer+cieing any right or remedy shall not be a waiver of or prcclud�the
<br /> _.— - ex��rise of any riuh�or r�emedy.
<br /> " 12. Successors and Assigns Boundi Jolnt apd Several l.iabilityt Cn•signers. The rnvenants and ag�eements of this
<br /> t ' Security Ins��vmenl shall bind and tienefit Ihe+ucce�sors and acsigns of Le�xier and Harrower, subjeet lo the provisfoas of
<br /> � ' ' . ' paragraph 17. Bortower'� covenuntti und ugreemenls shall be joint nnd severul. Any Borrower who ca-sign.. Ihis Secu�ity
<br /> ;�;;.,'.. •• • °��c"�' � Inst�ument bul doec nrn execute the Note: �ul is ca•�ignin��his S��cu�ity Instn�ment only to mortgage, grant and cunvey Ihat
<br /> ' � � • Bormwer's intcrc�t in th� PmFx:rty unJ�r thc�crms nf Ihis Security Inxtrument; (b1 is nut penonolly abligated to pay the sums
<br /> $ � " secwrd by this Securiry Ins�runxm:�nd Icl ugnw�thut I.enJer anJ uny nther Borrawer moy agrce�o extend, modify, forbeu or
<br /> � � mnkc any nccamnx�du[ions with regunl to thr temi�of�hi�Securiry Insm�ment or the Note without that Borrower's consent.
<br /> t3. I.aan Char�ec. If the Inun serurecl hy Ihis Srcurity Inxlniment i.tiuNject to u luw which sets maximum laan chnrges, ,,,,.
<br /> .�; . and that Inw is f in•rlly inte�►rctcJ +n thiU Ihc inlerc�l ur othcr lo•rn rhurge,r�►Ilcc��d nr to be collccted in connection with the
<br /> •�� • • li►an exc��ed thc pemiiUcd limit+,tFkn: (u1 uny�such I�.an rhargc,hull l+c raluc�Yl hy the amc�unt neces.rury�o reduce the chorge _�„
<br /> lo the pennitted limi�;:md Ibl any wm,ulreaJy �ullr�iai fnnn Burr�nvcr which cxceeJcJ pem�iued limits will t►e refunded to
<br /> ' Borrower. LeMicr mi�v ch�wne w n�uk� thi� rel'unJ h� n�luring thc principul �iw��l unJcr the Note or h� making a direct •��.
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<br /> payment tu Anrrowrr. lf a rcfund rMiur�. prinripul, thr rrJuclion will tk trcutal u� u purtinl prepuyment without eny
<br /> • � prcp•rymem ch•rrge under�hr Nutr.
<br /> , _ � �' . 14.Notices.Am• uulicc lu&n�u��rr pr�»idcJ tix in thi� S�rurit�• In�trument�hal! hc gieen h��delivering it or by muiling
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<br /> • it by tinl rlass nwi) unlc•�sippliruhle lu��� nyuir�.u����f aiH��her mrth�xl. Thr notirc,hull bc dircct��l to the Propeny Address
<br /> �.� ar any n�her aJdre., Borrua•�r Jc,ignalc� hy n���irr �u LenJrr. Any nutirc a► LenJcr tihull tx given hc Pir,t cla,. mail to
<br /> �" ;_�� l.endcr'r.addrer� �w�cd hrrcin ��r any�►thcr adJrc„LrnJrr Jr,i�nale,hy nu�irc ta&�rm�c�r. An}• nati:r proviJcJ for in this
<br /> , Serurit� ln.�-umcm.hall hr J�tim.�l tu havc h�tin gi��n w Rurru���r or l.rnJrr�vhen gi�•en:�•pr.,��iJcd In Ii�i�p•rrug�ph. ,
<br /> . . 1�.Go��rnin}� I.aw: tie��erabilit�. Thi� 5c�urn� In,truuicnt ,hidl ir• a�wrraeJ h� t:drr.il Iau r�ru1 thc luN• nf the ,�• .
<br /> ' juriuficti��n in whi�h t`�; Pruprn� i� I�xatcJ. In th�c�en1 Ilwt am pro�i�i�,n��r.•;aw� al Ihi. Sc�uril� 9n>:;umcnt ar Ihr N��tc �. •c
<br /> � �'r conllici.�cith applic:ihl.law. .uch runtlirt.hull n,�i.itl'crt ulhrr pru�•i.iun��d'Ihi.Scrurit� ln,�YUmcm��r th: Vutc whirh �~rn tx '
<br /> � ,��:.:' Fi�•rn rPi:�i ahh�wt tb�ronllirting pru�•i�i�a►.Tii Ihi�cnJ thc pruti�iun,nl thi�Srruri�� 1r+:;um.nt urtu ah. Motc arc J�cl•rrr�J , :
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