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<br /> ao I er be erquined�st.1t►a aptian of L�e�der.if mo�t�a�o ir�uranoe oave�e(in��ount�ia�period .
<br /> P�Y���Y �
<br /> that l.aider �equira)Dno�'ided by�n lnNtnr��pp�aved by l.enda a�in beoama avdl�ble md is obtainod. Bomov�i6r11 poy
<br /> 1he peaa�ivar requjrad w mdat�in mo�1�a(nRUnu►oe in efract.ar w provWe a lo�raerro.wWl tAe requir+ao�a�[for mort�e
<br /> inau�noe add in aocanclMnoe wflh�ny wdttpl y{roanait 6etweea Botrnwa and Lendor or�pp8cable law.
<br /> !. lMp�ctloll.Lender ot its�eM m�y m�ke�acomblo entrla upon and incpectiom of the Propaty.Lenda�bdl�ive
<br /> Horrowtr natke st tbe dme of or prior ta Rtl inspoction spocifyin�rca�onsbk causc for the in�pection.
<br /> lY. C�. TIK pr�a�ooctw of�ny awud ar claim for dan�e.�, dinoct or aonsequaui�l. in oonnecdon with�ny
<br /> ao�tbn or othor Wcln�of airy p�q af�ha Aropaty,or far oonveyanoe in!!ea of cvs�dema�tion. an haaby�ned�od
<br /> .. sbaU be paid to I..erider.
<br /> s 'I la tl�t eveat o[a wqi taking et t11a Ptn�.nty.tho prooeeda�h�l l bo appliod W the�cecurod by thii Searity I�trumeot.
<br /> � � whqhot w mt that due, wlth nny axcec� paid to Horrowu. In the evutt of a partial uking of the Propa'ty in whlch iht fdr
<br /> m�ricet v�lua of the Property immodiwtaly boforc U�e takjng is equal w or grcao�r awn the amount of the wau ceared by this
<br /> Securiry Inatn�meet immediady befares tha taWng.unlas Borrower and t.er�der otherwise agneo in writinQ,the wnu zecuind by
<br /> thie Sentrky Inetrument rJwll be rodu�ed. by Iha�mourn of tk procoeds muldplied by the fallowing irac�fon: (p) Ihe wW
<br /> art►ount of the wma socured immedUqaly befoK iha taking. dividod by (6) the fair mAricet value of the Prnpetty immediuely
<br /> befqr dRa tqkln�. My balance stull be paid to Borrower. In the event af a p�tial ta�ing of the Properiy in which the fair
<br /> nwricet valuc of the Property immodlataly befine the taking is las than the amount of thc sums socuraf im�axdfately befoirc Ihe
<br /> t�king.antew Borrowu w�d Lende�otherwire agrce in writing or unlas appllcabla law otherwice provides,Ibe prooeeds si�ll
<br /> be�rliad to ttie sua�a sxurod by thia Saudty I�aumcnt whaher or not the wms are then due.
<br /> , . If dta Property is abandonod by Aartnwar,or if.afier notia by I.eoder to Bormwer�l�at the oondemnor off'eis to m�ke an
<br /> ; �,�, w.. ,;;�. �W,;,�+ awatd or settla a claim for dnnAga..�arn►wer faila w mspond to Lender within 30 days atier the date Urc notice i:given.
<br /> � ' :'.'�F�,:�; -,,. Lender is suthorized w collect and ap}►ly Ihe proceeda,et Its option. either to restoration or rcpair of the Propet�y or to�he wme
<br /> e., ��4�, acurcd by thla Serudty I�trument,whalhar or not then due.
<br /> `"��"'-�'-�+��=._, Unless l..mder and Bortuwer othanvise agnx in writing.any application of proaeds to pdncipal slull not e�tend or
<br /> : .�� . � � " po�tpona the dae date of the monthly payments refemed to in paragraphs 1 und 2 or change the amuunc of such paymertts.
<br /> ' a• �•�++�=�.'y��,;: ll. Borrower Not Rde�ced;ForbeArAace By I.ender NW a Waiver. Eate�ion of the time for payment or dwdifiauion
<br /> ' . . � �• � •� of antoniaation of�he surng socured by this Socurity instrument grantod by Lender to any suocessor in interest of Borrower shWl
<br /> � '" .�:•,'�.,�:. ,�- not optrate w rclease�he liabiliry oi tha arlginol Horrower or Rorrower's suc�x.csors in intercst. L.ender alwl l not be r+equired w
<br /> i .'� : ' canntenr.e proceedings against any sucxess.ar in interes�or nfuse to eztend tlme for payment or othe�wise modify�ur�ortizotioa
<br /> ' • � �'� ,:;� af 1h� suma zecured by this Security Iasl�ument by rcason af eny dcmAnd made by the original Bomnwer or Borrower's
<br /> �� � ' ' successors in intcn5t. Any forbearanoa by Lcnder in cxercising any right or rcmedy ahnll not 6e a waiver oi or p�+cclude We
<br /> . . . ����,: h.,.;�.. exercise of any right or rcmedy.
<br /> , ;rtr:.;'.,•'�:r�:.•: " !3. ��?n�+g flnsl l�+algnc pn11et1{dnlpf Rnd ReverW IJnblUty; ('_oadgners. The oovenants and a�toeanents of this '
<br /> � ,� � ,. ;�r � Seeariry Inat�nt shall bind and benafit �ho succ�rs suid assigns of l.ender and Borrower. subjert to�he provisions of
<br /> ' � • ••" par�grrph 17. Borrower's cove�wnts and agroemems shell be joint and several. Any Borrower who co-sig�s this Security
<br /> ' " "�" `� inat�uma�t but does not exerute the Nota: la)is co-si nin this Securit Instrument onl to mort e and come that
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<br /> � •�+r �-4 ; Bonower's intcrest in the Propeny undcr the terms of this Securiry Instrumenr(b)is not personally obligated to pay the sums
<br /> � :"��,�;�;�+�3�'� secured by thia Security Instrument;and Ic)ugrees that L.endcr and any other Borrower may agree to extend, modify,forbear or
<br /> ;, "����!'+'f' "" make any accommodutionc with regard to the terms of�his Securiry Instrument or the Notc without that Borrower's consent.
<br /> '. ' • � 13. lawn Chwgea.If the loan secu�d by thie Security Insuument ic subject to a law which sets maximum loan charges.
<br /> � � •• • "`'- and that luw iR finally interpreted so tha�thc interes�or ather lo�n charges collectod or to be rnllected in connection with the
<br /> �:. � " '� :,j�tS;t,�.,,••. •;r, lusin e�cceed Ihe pernti[ted limils, then: (n) Any such loan charge shall be reduced by the amaunt necessary to rcduce the charge
<br /> . � ,,.,;y�4�;, to the pernutted limit; and(b)any sums nl�ady collecled f�om Borrower which exceeded pennitted limiu will be refunded to
<br /> , . ' ' Bumowar. L.ender may choose to mal:a t1�iF refund by reducing the principal owed under the Note or by making a direct
<br /> / � , payment to Borrower. If a refund reduct� principal, the reduction will 6e trented a.c u partial prepayment wlthout any
<br /> ' -i',;ir , . . � p�rpeym@nt churge under the Note.
<br /> ' f l�. Notkes. An notice to Bom►wer mvided for in�his Securit Ins�rumem shull be iven b deliverin u ar b mailin
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<br /> � '�' '" ' it by iitst cluss muil unless applicable law reyuires use of unother method.The notire shull be directed to the Pmperty Address
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<br /> ' � .,7',;y,:"� --•;;,.! . or any other address Borrower designalo� by nouce tn Lender. Any nolice to l.ender shull L•e given by first class mail to
<br /> �,. •.' �� " {�'';�' Lendo�s address sated herein or s�ny othGr address L.ender designsitcs by notfce to Bonower. Any notice provided for in this
<br /> ' ; q-;,,t.
<br /> ���;��;: `' ',�!'��'�' •�• ��y,•,� Securiry Instrument shall be decmed�o ha��c been given�o Bormwer or I..ender when given us pmvided in thi�p,iragraph. �
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<br /> , •r•�:.:,�,�,p , •. 13.Governing Iaw: Sevcrability. 'fhis Security Instrument shall be govemed by federal law unJ the law ofthe •
<br /> uritidiction in which the Pro n ic Ic�cated. In the event that un mvisian ar cluu�e af this Securit Instrument or the Note �"
<br /> � �, , '`'���`�f`�l�� t ' confiie�.g with applicuble Inw,�such mnflict shell not�ffect other pn vsion�of this Security Instrument or the Note which can be , 1
<br /> � . , given effect without the ronflicting pro��iFinn. i'o this end the provitiionc of this Serurity Instrument and�he Note are declnred
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<br /> .; �` to be severablc. �'
<br /> �T, . ,i;'i� , 16.Borrower's Copy. Bomower slwl l tw gi��en one mnforn�i copy uf the Notc and c►f this Security Instn�me�x. ^:�:
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