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<br /> p�ymaatr m�y np lon�er ba rqqui�+ed,�t the option of t�ender,if mort�e Inunaoe oovetaRe(ia tla Wnouat and[ar t4 perbd .
<br /> du�t Lc�dor roqu(nei)pro►'idat by�n inwrer ap�mved by Laider�in becoo�a wdl�ble�ad ii obtdned.9or�vwet�hdl py
<br /> �he p�+emiuna t�eqqir�d to m�lat�in mott�a;e 3nwanoe in eKxt.ar to pravide�laa ra�rv;e�w�W the oequinmrdt tar�e�t .
<br /> inwranoe ead�in woond�e Mlth�nY wr�pea�reaavait betwoan BonaMe�ad lader ar applkable I�w. .
<br /> 9.IMpectba. l.e�idar or.•ilp Agent nu►y m�kc ro�oeWflo arrla�upon md i�ions of the Pmpaty.taad�r tiwU�iw .
<br /> ' Bonawer notkx u tha timp of orp�7qr.to m inspectiote rpecityin�rau�on�ble caiue for the itupacxion. � �
<br /> 10.Condema�tlon.'i'ha pmaeeds of any awr�nd or cWm for dun�ee.direct or c�uequaqial, in aonnecilon Ni16 �ay
<br /> oonclemn+u�or dhar wking�of.�ty�p�ut of t6e P�+ope�ty.or for aoavey�noe ia lia�of voadamo�dna,�re beoeby wVeid aod
<br /> ctwU bc paid w Lcndcsr.
<br /> W the avont of A wtel t�k{n@•of,11�o Prop�rty,tbc pnucoed��Il be�ipplied w the wiaas recu�ad by�his SeNrity iartrupiae�t�
<br /> wbethar or not tbon dus.wW1;+rry txcess ppid to Batrower•!n thc tvent of a putial 1skh�of Ilhee Property ia whicb the hir
<br /> maricet vulue of tbc Prop�uty idrnedi�Uel�t�bofaro tha takin9�f� aqual to or Qraqer tiuu►thc imo�ud of�ha aiw�ecurod by tldt
<br /> Security instrv�rxnt immadiately befura dis.utklnB� unlasa Bom4wer wid Lender othawisc a�roa ia wiittn�.tue�u Raourod by
<br /> this Securiry Losaumnnt ahall bc coducod by.tbc amaunt.oE the pr0000d9 muldplkd by tbe folbwla� fnotion: (y t�e ooW
<br /> amount of tho sunuti securod imrnodiately beforc cho takln�,divided by (b)the fair tnaricct vqluc of Ihe Propeety immed�ately
<br /> before tba taking. Any b�la�e.shall be paid w Bomawer.in Ihe avau of�p�RiW takjn�g of thcc PropeAy tn which tba fiir
<br /> markct valus of tha Propeay ia�anadiately bcfore the toking h l�ss tiwn the amount of tha sums cxurod unmediaely 6efote tbe
<br /> taking.uolsss Sonawer and i.Gnder othcrwlsc ogrcc in wrldng or u�less applicable law wliccrwf�e pmvidp,tbe procaed��fi!
<br /> ,.y, be ppplied to�ha suma cavnod by thie Secudty inciivment wlKtlrer or not Ihe eums tue then due.
<br /> ;.�:�-" If the Pnuporty is abandunqd by Borrowor.on iFti afl�r natice by Leixler w Borrower that the ca�demt�or oftas�o matce�n �
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<br /> awcrct or settla a cl�im for dqnuig�4. Bonow,or.fpil�tn.rsspand to Lender within 30 daya x�ter tGe date the mticc L�iva�.
<br /> � Lcnder ie authorized to collact nnd epply the prooe@de.at its aption,eilher w reworatba or npair of the Property ar w t6e auir
<br /> cecured by tbis Sec,tirlty Iastrument,wbatber or aot thcn duc.
<br /> .:��>•'��• .•r.�t��;�%� ,+ t°' Unlass�,ender and Borrower at�erwise agrec in wridng. Any application of proceeda to p�inclpal shall iwt cxtaid ar
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<br /> i °• • postpc�na the due�ate af the monthly payTaents referted to in paragraphs 1 and 2 or change thc amount af such paymeptn.
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<br /> , � ,��,:<>,••:�,s a� '- 11.Sorro�ee Not P►�Yeased; Forbew�ance By L,e�Wer Not A Waiver:Factension of thc time for ps►yment or madifi oa
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<br /> S.A t:,�. �• �.,,;.�!�t. .���a of amo�tization of the sums securcd by this Security Instrum�mt granted by Lender to any successor in intereat of Bw7ower 9i�p11. .' ,,.�. .
<br /> ,j , . � .: ��;ti+��' i';17�.'",a� nat opemte to rrslease the iiability uf the original Borrower or Borrower's succesaors in intercst. I.ender stiaQ'not ba requirad to
<br /> '� �� �� •� �a��` '••�'•:t�� cahmence proceedin�gs againat any succcasor in lntereat os refuse to extend time for payment or dherwise mudify atrmrtizatioii
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<br /> t.,. ,. „��!�•:-�., ti � of tha suma�cwred by thia Security ln�trument by re.uson of any demand made by the original Barrower or Barower s
<br /> .�'�`�' '�;',;'4F'':'.'�`��•,:� � successors in inta�rst. Any forbearence by Lender in exercising any r�ghl or remedy ahall not be a w�ver of or proclude tbe
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<br /> �,.,:;• i •�f:'��;. ��. �.,3< < • e�ciseofany right�or�emody.
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<br /> . ---,,, � 12. Successow And Aai�s Bound; .ioint w�Several Liabiiity; Casigoern. The coveaenr� and agrccmena of tbis
<br /> • ' '�'V'��� Security Instrument.shall bind and benefit the successors ond u�signs of l.ender end Burrower,subject to the provisions of
<br /> parogroph� 11. 8omowcr a rnvenanls and agreementx ahall be joint and sevcrrl. Any Borrower whu casigos this Security
<br /> � Instrument but does not execute the Note: (a)is casigning this Secu�ity Instrument anly to mortgage. grant w�d convey thnt
<br /> r � , Boa�wer's interest in�he Propeny under the tern�s of�his Security Instrument;(b)is not personally obligatod to pay 1hc s�
<br /> secured by this Security Instrument;und(r►ugrees thut lxnder�nd uny other Borrower moy agree to extetxl,madify. forbear or
<br /> ' make any accommcdatian.�with regard to the tem�r of this Securily Insirumem or the NMe withc►ut that Borrower's consent.
<br /> 13.Iw�n Clu��eR.If thc loun�ccurcJ by this Security In�trumcnt iti suhj�ct ta u law which sets muximum losm char�es,
<br /> J�.�• ,�+�-'w w� �°<�.' and�ha� luw is fiiwlly iMerpreteJ ui that the interes� or other lo•rn charge�rollect�l or w he collectod im m�naction with the
<br /> � . , . IuamesKCeed�he permitted limits,the�: In)any such loan rhurge shull be rcduce�by the amount necessary�o reduce tlie churge
<br /> '�' �. t�i dtp pertnitivd limit;aad Ih�any sumx ulreuJy rnllec��tif fmm Bormwer which exreeded permiue�i limits will be refunded to
<br /> f ° Bumow�r. lyendar may chcxxe to muke �hi� refunJ by roducing the princip:+l owed under the Note or by making u direct
<br /> �.,,:; t ,` ' .. pnymem w &�rrowcr. If •r refumi rcJuces principul, the r��ductiun will be tre•rted uti a panial prepayment without any
<br /> . . � prepayment churge urufer the Note.
<br /> �� �� 14.Notices.Any notice to&�rrower providcd fur in thi, Serurity In+trunknt�hull lx:given by delivering it or by muiling `'"
<br /> ""� - . . .�� i�by lint d:u. nwil unl��. applicuLle law�eyuir�ti u,e of'•rnothcr methoci.The notice,hstl t+e directed to the Property Address
<br /> �, , . .�.1,' ;,,-' or any other addres� Burcower designate+ by nutice tn L.cndcr. An�• nutire �o Lender shall t►e given by frst clnss mail to
<br /> ,; ':,;�,, �•. ��'`• [.eixier'r uddres+stated herein ar uny other uddreti.l.rnJ�r Je�ignutc� b� noticr lo&�rrower. Any nutice pmviJed for in this
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<br /> �� �•:.:.r;;.��i�,�•' . Securit�•Instrument�hall l+e deemed�o huvc lx�en�ivrn ai Borr�iwrr or l.cndcr when given•rs proeided in this puragraph. �:•
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<br /> tiy�fy���. , I5.Cor•erning l.aw�: SeverobilN�. Thi� Sc��urity Irotrutncnt .hall lx govern��l Ny tedcral law and the lau• of the �
<br /> tt�.'�' • p�: .. ., jurisdictinn in �vhich �he Properly iti Icxul��i. In thc rvcnt thut any� prm•i�i�m ur rlau.r of thi+ S�urity Insirument ur�he Note .,,�',:�.
<br /> � . ��':•_? cantlicts with applics�hle I•rw.�uch runllict.hall n�it affect oth�r pru�•i,i�m+of�hi,Serurity In.trument n�the Note which can be
<br /> �'�. , , �� `� given effect without thc c��nflictin�pruvisiun. Tu thi.enJ the pruvi.iiin�ol'thi.Srrurity In�trument and the Note u�e declared
<br /> 'r� ,� to be xevernble. ,,;',;
<br /> �� ' 16.Borrower'x(o �.&�rn,wrr.hull Me i�rn urk ronliimutil ru �of thr Notc anJ��f�hi.Sccurit In�trunxnt. ^ ;
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