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<br /> prymp�may no lon�er be roquirod�At�hc option of I.ender� if matgape incurancc cover�o(n anwum wd far tlw periad
<br /> tiut l.ender nquir�)provWod by nn inwror approvod by Lender a�ain ba�omes av�ilwble wid is obni�rod.8otmwee�tull pry
<br /> the pn�miwne requirad w m�intain mortg�o incutwico in effoct,or to provide a loc�resenre. until the raquirenbnt Por mot�a�
<br /> inwanca rnds in a000r�dnnca wlth any wdtten��roemmt bawan Bon+nwer and l,ender or�ppl�a6le I�w.
<br /> 9. lo�pe�iloo.L.ender or ita a�ent may mal�e�easonoble entries upon wnd iacpections af the PropenY. i�ender�bell Qive
<br /> Bon+uwer notice at the time of or priar to an inspoction ipecifyfn�re�san�ble caure for Ihe Inspection.
<br /> sp, �o�emmtlop, 'i'he proceods of any award ar clefm for damiges,diroct or rnnsoquc�ui�l, in connxtion wflh any
<br /> wndemaatfon or other tokln�of Any part of the Properly.or for wnvayuMac in licu of oondemtwtlon,aro tKroby+�wlQned aed
<br /> slWl be ppid to Lerider.
<br /> In thc avent af A tcNwl taking of tho Prciperty.the procaeds ehall be appl ied to the suma savr+ed by lhis 5eaurity Insuutnent.
<br /> whether ar�t�hen dne,with uny eacess paid to Borrower. In thc event of a partial talcing of the Property in which the fair
<br /> '� muket value af the Property immedialely befoee the taking ia equel to or grcuter then the amount of�hc sums securod by thio
<br /> ' Sau�ity Instrument immodiatcly before Ihe wking.unless Borrower aod l.ender otherwfse ogree in wrfting,lhe sums secured by
<br /> ., thfa Secudty Inatrument ehall be reduced by the amount of Uie prooeeAx multiplied by the fallowfng fraction: (a) the towl
<br /> amount of the wms secured immediately before the taking. divided by(b) the fair market vAlue uf die Property immediately
<br /> before the taki�g. Any balance shall be pnid to Borrower. In the even�of a p�utiAl txicing of tM Property in which the fair
<br /> morke�value oi the Property immediately beforc thc teking is less�haa the amount of the sums socurod immedietely beforo 1he
<br /> Wcing.unless Bormwer and Lender atherwise agrce in wri�ing ar u�less applicable law otherwise provides, the pmceals alu�ll
<br /> ' 6e applied to the sum.c socured by this Security In�tn�ment whethe�a�not the sums are then due.
<br /> � ' ." ` �„u� ,';�,� li'the Pmperty is abandonad by Bortower,or if.a8er aatice by L�nder�a Botrower that t6�e candemnar offers to m�ice#n
<br /> �' �:_�';,. �c�;;:....:!�:•��.... • awar+d ar setNe a claim fo�damages. Borrower fails tu t�cspand to L::nder within 3l1 days aRer�hc date the notioe ia given.
<br /> '° �u�a,,r; repair af the or to the wms
<br /> ' . f i lxoder is authorizecl to caliect aod apply the proceeds,u!i1s aption,either to resloration or PropeRy
<br /> :�'�} �''^u��`��'7;:•� secured by this Security lasiru»�nt,whether or nat then d�ue.
<br /> �. . .'• ti'.fi.t.� ..,...
<br /> �:.�. � Unless L.ender�nd Borrou•er othen�vise agree in w�riting, nny application of proceeds to principul shall not extend or
<br /> �'. . •
<br /> �,, ,.•.,;,�.,�.,;�;�„ � postpane the due da�e of the monthly puynoents referred to in para�rnphs I and 2 or chan8e the amount of such payments.
<br /> I1.Borrower Not Released;Forbearancc By l.cnder Not a��'niver.Extensiun of the time for payment or moditication
<br /> I ..:,.Y'�`:�"�`.�°'r of amortization of�he cumc�ecured by this Security In�vument grantcd by[.ender to any ruccessor in interest of Borrawer sholl
<br /> ;•• ��N.i;;_+.`, , , .,; �ot operate to releuse the liability af the original liorn�wer or Barrower's successors in interest. I.ender shall aut be required to
<br /> cammence praceedings ngainst nny successor in interest or refuse to extend time for payment or ahenvise modify amortization
<br /> �' y of the sums secured by thia Secunry Instrumenl by neason of nny demand made by 1he original Borrower ur Borrower's
<br /> ° ' '�� � • successors in i�terest. Any forbearanee by I.ender in exercising un�� right or remedy shall mu be a waiver of or preclude the
<br /> -- ' .:', ' excrcise of any right or remedy.
<br /> �" '"'` ''" 12. Successors and .�lsslsas Bound; Joint and SeverAl Liabilily: Co-sig�arrs. The covensinls and agreements of �his
<br /> } ;�;,t�;��.'i'�;,ti;.'�.' • •
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<br /> . ' �.,.;r.:.•�,,+,.... • Securiry lnstrument shall bind unJ benetit thc successor�nnd assigns of Lentlzr unJ Borrower, subject to the provisions of
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<br /> �r,.!�'ViF paragroph 17. Bormwer'� covenants And a�rccmentti shall bc joint and several. Any Bormv�•er who rn-signs ihis Security
<br /> '•'•'•���� ` . ' In�trument hun does no�eace�:ute the Note: lu) is co-signing thi� S�curiry Intitrument only to mongage. grant and conve� thut
<br /> �..,.,.. •�
<br /> - � ' n''••• &,rr��wer's inicrest in the Pn�perty unJcr thc tcrms of this S�:curity ]n��rument: Ib)is not personally obligated to pay the sumc
<br /> ,i:. ���f''-;���?in�*7��:� .�' secured by this Security ln:.trument;and Ir)ugrees tha�l.enJcr unJ any ather Bonower may agree lo estend, madify, forbear or
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<br /> �. • make uny uccommadations wi�h regard to the lemis ol thi.Sewrity In�trument or the Nate wilhout that Borrower s consent.
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<br /> ' )•+r�:.� ' " 13.I.os�n CharRes. If the loun secured by thi.Securiry Instrument i, wbjec� w u law which sets maximum loan charges.
<br /> '�`��„ . �;�.�,; .,,,,�, . unJ that law is finally interprcted sn that the intcr�st or o�her loan churge�collectcvl or�o l+e rollected in connection with the
<br /> ""' ,,.►�.`; ' ° ` loan excc�ed the pern�itteJ limi��."hen: ial uny �uch loan rharge �hall hc redureJ by�hc wniwnt necessury to reduce the chnrge
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<br /> ��"�:��� .:'�:� : �� ta the permitted limit: und�M un� �um+ulrcudy c��llect�K1 1'rum Borrower whirh exree��d pem�iued limits will be refunded to _.'��
<br /> �,;.. `•i�:•;•,.;� .�� ��t� . ��; ;-•.
<br /> '„°,�•,.�; .;,;,,;���i..l��:. Borrower. Lender muy chn��+c to muke thi� refund fi}• r�Ylucin�! ihc principul ow•��I wxl�r the N�ne or by rnuking u direct
<br /> ��%i'�����, ';r;�,y'`„ "� ' . ,,,, pnyment ta Bormwer. If u refund r��duces principul, the reJurtfan will t+c �rcated uti e purtiul prepayment without eny �'��
<br /> ^'•°':.a„ C� " prepnyment chargc under the Notc. ,
<br /> ,`,�',,'' i : , : . _ 14.Nntices. Any nntire ti�Borm�scr pnwidcd f��r in Ihi�Srrurily In�ttument �Iwll hc gi�rn by delivcring it or by a►�ailnr�g
<br /> �-.�::;� . it hy fira�clavx muil unless npplicablr I•ra• reyuirrs u•e ot'•rnoihcr nkth��l. The nutire�hull lx direct�ti to thr Property�Address �.
<br /> ur an�• �ilher udJn�+ &�rrnwcr Jc.i�nal�, h�• n�,tirr in LenJrr. Am• nutirc to Lendrr�hall hc givcn by 9irsi cla.�s mail lo •� M
<br /> I.cnJcs'�uddres+ +iat��l hrrein ur un�� othcr uddre,. Lcnder Jc.i�i�tc. b�• nntirr to&xr��wcr. Any m►tirc provided far in this
<br /> Securily Imtrum�nt.hall t+c dcrmed�.�ha��c heen giv�n ti�Aurrm�•er ur I.cnJer whcn�iv�n a,pr�,�•idcJ in this pnragrAph.
<br /> . 15.G�n•crninR l.uµ�; tieverabiiit}. Thi+ Sccurity In.trumcnl .I�II tk govem�til hy tcJcr:►I law and the I•ra• of the
<br /> � T' juri.Jirti�m in which �he Prn{xny i. I�xuteJ. In the ecent�N:U an)�pru�i�iun i�r clausr ��I'thi. S�tiuri�y Imtrumern ur�he Niue �-�
<br /> . ' " �nntlicts with rpplica�lr la��. ,unc�onllirt>hall n�r.ufi;:t��ihcr provi.iun. uf tl�i�S��curi�y Imtrw�icn��ir tha N�,tc whirh run be " ':`
<br /> ..{ ' given cfl'ect �itlx�ul the c„nl7ictin�pru�ision. T„Ihi.enJ thr pra�i.irn�.i,f thi.Sc�uril}�In.trumern und Ihe N�ilr are derlared `'��°:
<br /> : la be�c��er:ih!.. •'�:
<br /> ,- + 16.B��rrowrr'H(up��.fi��rru�<<r.I�,�ll he given�aK runli�rnud cup} uf th�`ute unJ nl�hi.5ecurity In.trum�nt. �:
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