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<br /> at tho 0�ion of Lender� if mort�e i�na+ covaa�e (in the unount u�d to� the period th�t Laider eeq�dra)
<br /> provlded by an 1n�w+er.pprovad by Lender�in beooma avoilsbla and ii obtained.Borrower�hdl p�y tha pnemium�
<br /> required w m�intain mort��e lruurmce in af�eat,or to proWde a laes re�erve, undl the requiroment tor mort�a�e
<br /> �IWIfaI100 OIIfJII ID�CQDI'�1100 N�ZII NSI NI'�tL011 t�001110flt I10ZNEOD HOffrINOf afid I.OIIdOf OI'�pQIIpbIO I�N.
<br /> 9.In�peotion.Lender or Its a�t m�y mdce re�oruble entriee upon and inspeatlmu o!the Property.L,a►der�I!
<br /> �ive Horrower nottoe at the t�me ot nr or w�n irupeado�speci[yin�rawn�ble cawe for the it�epeadon.
<br /> •. � �'�ti: 10.Condon+�wtion.The of any�aud or oldm ior dam��ae.diroat or oo�uequentid.in cannection wteh
<br /> �`� �ny c�ondemnadon or other t�kln��t u►y prrt ot the Property�m for oonveyu�ce ia liw o!corrdemnat�on.ue hee+eby
<br /> � �?� �i�ned and ehdl be pid to I.ender.
<br /> �+ Ie the evant ot a total takin�of thv Property,the praoeeds ehall bo applted w tl►e eums seoured by thle Securlty
<br /> Inetrument,Nhether or not then due��fth any exoeas p�id w Borrower.ln the event ot�p�rtjd takin�of the Property in
<br /> � ,dx..�.�'.'• �.'. which the fair m�rket value ot the Property immedi�taly betote the WcinQ is eqwl w or�ater tlun the�mount ot the
<br /> � "�"�'.;.�•;:"��'�,f eums aecw+ed by this Security lnatrument immediately batore the Wcin�,unleee HorroMer and Londer otherNlse��+ee
<br /> �4��
<br /> �,�:�;o',,�,;�,;.�,�s:;�;�<•�,;� in wddn��the eume seaurod by thie S�curtty I�stromont slult be reduced by the amount of the pra�eede muittpliod by
<br /> �:oc.rz�� the tollowin�fnartion:(a)tho total amount of the sums securod immadi�uly beforo the tatin�.divIded by (b)the fair
<br /> i.h ,�',:•. ` .. .
<br /> " ; y , market value of the Property immedi�tely betoro tho takin�.Any ba�l�nce ehaQ bo paid to Borrower,ln the event of a
<br /> ����!�•r A..,'.;,,..v�' putial takin�of tho Property in which the f�r muket v�lue ot the Pmparty immediately betore the takin�is lese ttun
<br /> ' '�'� � the amount ot the sums exured immadiately betoro tho takin�.unlesa Bormwar and Lendet othenviee aQroe in adtinQ
<br /> / €. '' : ":'-�.'u�:;�;''.�! or unlesa �pplicable law otherwise provides, the proceeds ehall be applied to the aums eecurod by this Security
<br /> �; , �,.,,.:, a.. �t;r, ,.
<br /> -�' � i:`;';;:' ,� �;;..,- �. Iastrumsnt whether or not the sums ace thati due.
<br /> . � : •��;,;; ;,, It the Proparty ie abandoned by Borrower.or it��tter nodce by Lender w Borrawar th�t the condemnor oKers to
<br /> �' : �' �:. • . nsake an awud or settle a cl�im for d�ma�ees, Borcower t�la to respond to Lendat aithin 30 d�ys dtar the d�te the
<br /> s
<br />��`i: ' � aodce ie Biven,Lender ia authorized to coileat and apply the proceede,at its option.athar to restoation or rapsir ot tho
<br /> ,.�.• ' ° �� Proparty or W the sums seaured by this Seeurity Insttument,ahether or rwt thm due.
<br /> +;';°;::,. ,i" ° ' , �' Unlers Lender and Borroaer otherwise s�ee in writing,any application of proceads to principal shdl not eroend or �
<br /> '��;�`;.,� , � � � , _ postpona the due date of the monthly payments referred w in par�raphs 1 and 2 or clun�d tho amount of such
<br /> �;•,r ��a.::• , .'. - w peyments.
<br /> ' ��'��'f s��� I1. Bono�ver Not Relwaed; Porbesr�ace B I.eader Not a Waiver. Extension ot the time for ment or
<br /> �i�=,.,':,,:', � .. Y P�Y
<br /> ' � , � moditication ot amortization ot the sums secured by this Security Inetrument granted by Lender to�ny auccessor in
<br /> ; ,: � . , . ��`" intercst ot Borrower ahall not oper�te W role�se the li�bility oi the original Borroaa or Borrower's succeseora in
<br /> •� � • ';�,,' � interest. [�nder eheU not be t+equired to commence proceedin��gainst eny succes�or in interest or ratuee to extend
<br /> . z , � •. .,,�., ,r: s�' time for psyment or otherwieo modify amortiz�tion of the sums aecured by this Security lnstrument by reason oi any
<br /> � � "';_`;'�i;'�, demand mado by the ori�insl Borrower or Horroaer's successors in interest.Any forbeAnace by Lender in exercieinQ
<br /> �ny ri�ht or romedy shell not be a weiver of or proclude the exercise of�ny right or nmedy.
<br /> - .. . . lZ.Swxes�ors and Araita�Bound:Joiai�nd Sover�i Lisbilii�;C�igucrs.'i'l�e�venienin snd s�oamcnis
<br /> ,�:c' " 09 this Serurity lnstrument shell bind�nd benefit the successors artd assigne of L,ende�aml Borroaer�subject w tt►e
<br /> ��:�'°'•' , . provisions of para�raph 17.Horrower a covenents and egroemrnts shall be joint snd several.Any Borrower wt�o co�ig�ns
<br /> •�''•}�.• �� • thie Securisy Instrument but dces not exxute the Nou: (s) is co-signing this Security Instrument only to mott�ege,
<br /> . '.�;i� ,.' �, grsnt and convey that Borrower's intercst in the Property under the tarma o4 this 3ecurity Inetrument; (b) is not
<br /> ':,���:�:;;: perso nelly obligatcd to pay the sums sxured by this Security instrument;and (c) ag�ees thet I.ender and any other
<br /> ` '�����'��•. ' Borrower may agrce to extend,modify,forbear or make any accommadations with regard to the krms ot thie Security
<br /> � ,,: . •.,
<br /> `.,,, .. , ° �s�;�''�, Inetrument or the Note without that Borrower's consont.
<br /> ►�:� ' -• '� -�' 13. Lo�n Chsreea. If the loan secured by this Security Instrument is subject to a law which sets matimum loan ��•.
<br /> �;' �"`'` chargas, and thet laa is tinally interproted so that the intercst or other loan cherges callected or to be collected in
<br /> � �.'.S>;�; ••��:,;,, • •„•
<br /> �!t!, t'f��;+- •' . ' wnneotion with the loan axceed the permitted limits, then: (�) eny such loan charge shell ba reduced by tha amount
<br /> + ' •�::�t���'.'" � „. necessery to reduce the cherge to the permitted limit; and (b) eny sums already collected irom Borrower ahich
<br /> �t,��: ,
<br /> 1..�+r � `'�"' erinc�i�1 o�e d nd r he N ote o b�mokin�direct�wement t to B o rrower.If e re tun d f C(IUC88 r fl Ca Iy t�fCdnllCllOtl �.~�
<br /> ' '' ' .'' '• will be treated as a pertial prepayment aithout any prepayment charge under the Note. p � �. .�
<br /> i • '��: .
<br /> . .5�+;.;�• 14. Noticea.Any notice to Borcower provided tor in this Security Instrument shall ba given by deliverin�it or by �
<br /> •• mailing it by finat clasc mail nnle.sa npplicwhle law requires��rx�t another method.The notice r�hsl) he directed tn the
<br /> , ' '•'' Property Addreas or any other addrcss Borrower designates by notice to I,ender.Any notice to I.ender shall be given by •��
<br /> � �';:�.., •. tirst class mail to Lender's addrcss stated herein or any other address Lender designates by notice to Borrower.riny '
<br /> �'` ' notica provided for in thia Security Instrumenc shall be deemed to have been Biven to Rorrower or Lender when�iven �
<br /> J `';;+' as provided in this paragraph. f
<br /> 15.Goveraing I.sw;Sever�bility.This Security Instrument shell be governed by tederal law and the law ot the
<br /> � ' � jurisdiction in which the Property is lacated.Tn the event that any provision or clause ot this Security Instrument orTtha
<br /> Note contlicts with applicable iaw�such conflict shall not aftect other provisions of this Security Inatrument or the lote
<br /> :, which can be given effect without the wntlictin�provision.7�o this end the proviaious ot this Security Instrumenc and
<br /> �'+ � . • tha Note arC declared to bo severablo.
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