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<br /> -:'�... ` _ ' � - . � ` _ � . , - - -- -:.- ' g�..-� � �07�34
<br /> � g�j�teats m�y m tonget 6t`requited.at the aptio,n of I�1es.if maKgagc iawranae ooverage(in tLe amount and Cor the peQOd
<br /> __ tta�i+arkr c�equites)p�vided b�m Iasunr��ppc�bved by l.mder a�ain be�omes av.vlahie and is'oMainai.Bnrrav,reF s�6atl pay
<br /> �piemiu�u Kquirai to mainhia mortgsge,ia�urancc in effect.or ta pmvide a loss reservc.umil U►e roquiie�nt for mattg�tge
<br /> in�ru�ce eads in aecued�ooa wit6 any wri�ten agroemetn fittwecn Borrower anc!Lender or a�plicable tav�r.•
<br /> : �,-Ia�et7o�. l�erider or its�gent may maice nasomble tntries upnn•attd inspoctions of the P�operty.ixader shaU give
<br /> - ik�iower notia at the tlme af or prior w a�r inspection specCfying rea�on�6te rause for tbe inspection.
<br /> f � 10 Co�de�tbn.The pr000eds of any awazd or claim for damages.dinct or oonseqaential} in wn�ctian with any
<br /> oaitdemnation or othet Iaicing of any part of the�roperry.or foi comreyance in tieu of wndemnatian.are 6ereby assigned and
<br /> s2�a116c�id to taodet. � . _._
<br /> �,: in the evatt of a tM�!tal�ing of tLe Pi openy.the pmcceds shali be applied ta the sums sesvred by this Security[asuumetrt,
<br /> w��her or aot then du�:with aay eacess paid to Borrower. In the event of a panial taQing of the Praperty in whic6 the f�r -
<br /> ,..�a maQicet value oi[he Pmpeery immediatety 6efore t6e taicing is eqaal w or greater tt�an the amount o�the sums sacurcd by this �.�.
<br />'`,'�; S�ctaity Inuruma�t immediately befor,�the taldng,unless Bormwer and La�der ahetwise agiee in writing.the su�ns secund by
<br /> --' tt�l�Sa,viiry r���rt sha11.6e rodacxd by the amo�nt of dte prncaz�s multiplied by the fotToaring fractian: (a)the total =_
<br />-=�,%-' arisount of the sums savred immediatety b�fon ihe tahireg.divided by(b3 the fair maric�value of t6e.Property immediaiety ---—
<br /> be�ore th�rdcingT My 6alance sisall 6e paid to 8ortower. In the event of a partial tatcing of tho Property iu wfueh the fair
<br /> . ;- a►�i�iCet vaIue of the Propert}immediately Defore tbe taicing is tess than the amaunt of the sums seew�ed immei3iately 6efore the "'r.'' -_--�---
<br />:;' ..:.�. ----
<br />, t�kiag,unless Borrower and Lender otherwise agree in writing or untess applicabte law othe�rise pravides,the pru�eods shall ����=�=""'�.
<br /> bc appliod to the s�uns secured by this Securiry Insuument whet6er or not the suuu are then due. �."�--=�'�="---
<br /> � � - �.: If tve Praperty is a6andoned 6�r Hc�rrower.or if.after aoticc by Lender to Borrower that the ooMemnor offers to make an ��;�?�.T`�
<br />'`���-�;�� aw�ud or seWe a claitn for damages. Borrower fails to respond ta Lertdet within 30 days a.fter the date the notice is given, -�'�_.;��".
<br /> � .��� ,.�.�.�._.
<br />`:`;,::",. l.ender is authorized W callect and apply the piucee+ds_at iu option,either to testoration or repair`of tfoe Propert�r or to the sums �.e�.•.
<br />- ; .: se�ured by this 3ecurity/n5trutaeat.whether ar not then due. ,�:..`3= "- -
<br /> ; " Untess Lender and Bomnwr.�.otherwise agrec in arriring, any appli�ation of proceeds to principal shall nut extend or �`�--
<br /> • . pastpane the due date of the mamf�l�payments referred to in pazagraphs I and 2 or ch�nge the amount of suc6 payments. �'`�==-=�__ ----
<br /> ' ' . `; 11.Borrower NM Rd�'�rorbearance By Lender Not a Waiven E�ctension of the tirne for paytnent or modification "`��-
<br />. � �� � ol�mortizatian of the suins secui�ed 6y this Securiry Instrument granted by Lender to arry successor in iaterest of Borrower shall ,r.�.�__
<br /> �„�s�w
<br /> - •;,u� f�a� �a t operate t o r e lease t h e e l i a b i l i ry o f t b e origi a a i 8 arrower or B arrower's�����is in i n t e r e s t.L e n d e r s h a U n o i b e r e q r�i�+e d t o , _ --
<br /> '%i�t�,� � ��t`;, ,' c�riipmence proceedings against any successor in interest as refuse to extend time for payment or otherwise modify amortizadon �.. �: ,� °'
<br /> :•?;'�,'��;�� �,+1 ' . oF the sums secured by this Security lnstn�ment by �eason of any demand made by the original Bomower or Sorrower's � : _ � ��
<br /> ;�=:,, '4:"`` �
<br />�:�`'�,r;F^J.� successors in interest. Any forb�airance by l,eader in exercising any right or remedy shall not be a waiver of arnr.�clude the -�° �:.
<br /> ir„y�, ��',._,�. ..,. ���-"•r' ---
<br /> '' ' �° �'�t. e�cercise af any ri�t or rcmedy. . , �F;,. ..- ---
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<br /> fr�r: � �';�.' • 12. Sucoessts�a�td A�Bouqd;�;at and Several Liah�:'�o-sig�teis,. The caveRarn�.�ad�r�a of thi�� �.�,r'� =••��
<br /> � ;; s � . . �� __: f ;
<br /> << � S�xurity Tnstrum���1 biztd and benef�t i�succes.wrs an�a���t:Gender and Borrowtr.sr1sP�to the ptuvisions a€ ,,,�,� �
<br /> t , • �i hn :' �raBraPh 17. Boirc'�er's cav.r�r.::.ts and�s�nents shai[ ts�i:iim�;�ini;�several. Aay.Borrowe�w,•io co-signs this Secatity ;.;,�.i f��
<br /> y; . :. �, . ,.�.y.�,. ;
<br /> • �� - �;��:, instrument but does not eaaQix,:rte Nate:(a) is co-sig�i�r�r dii�:���:.�nstrument onty to�rti �uc�e. grant and ronvey that _ _ �..���
<br />.,�,;• . . . .,.
<br /> ` � 'r•'��r•i�'. Borrower's interest in the Property under the tem�s of this Sec�irity�'r.vr�,�-xh,t:(b)is abt person.Ii.�`abligated to pay the sums '
<br /> �'''kr x .� 1:.�.
<br /> ;t � �'.•ti;,g.�; sQCUred by this Sea;._rity Instrument:and(c)agrees that[xnder and any ads,:_�Borcower m3y agree G3.�;s�tend.modin�.forbeaz or , ;_ �
<br /> 3R
<br />" . � ��-�!��?j:�s . make any accomr.aa:ation�with regard to the teims of this Security Instru::ient or the Note without t7`.ai Borrower's consent. '' . :° � , '
<br /> ,./�.�, � �.
<br /> " _ ,�J - 13.Loan Charges.If the loan secured by this Security Instrument is subject to a law which sets maaimum ioan charges. �, - ��
<br /> '�": 4�°:�, and t14at taw is finally interpreted so that the interest or ather toan charges collected or to be colleeted in wnnection with ihe � -��'
<br /> .-•� [02�er�E�e�ermittect limits,then: (al any such loan charge shall be reduced by the amount necessary to reduce the charge � �� �°
<br /> � ;.:, • to t�� i'' ' ��
<br /> . pe;rc:�l.nr,�t;and(b)any sums already collecteA from Borrower which exceeded pemritti�:li�its wiU be refunded to r �.��,--
<br /> -�' ;�� Bosrower. Lea�C.�Tay choose to make this refund by reducing the �r�cipal owed under the��l�xru:or by making a direct , # 3�.=
<br /> 1"
<br /> �~ ' ..t. • �7�°n! to Barrawer. If a refurtd reduces principal. the redcictian. �ai!� be treatec},as a �z,�f. Tippayment wiihout atly .f��'��•,`-
<br /> . -s, �;. , :. g=�Yment charge under the Note. . .' . ' . .1 tt•. ;°x., ..
<br /> ' �`��'"��:;; � 14.Notkes.Any notice:�;��nower provided for in uiss 5ea:ii�v ics.rumeni sh�il'�+��ven 6b tlelivering it or by mailing �n 1�� •��=;•.:�
<br />� , it by first class mail anfess a��:eble law requires use of another metho�:.-The notice sl�a?l be d.•rerr.�a�to the Property Address • '�EF: •.
<br /> '��^� � � ar any other add��� Bor.ou�w�signates bu natice to I.ender.•A:t; �,;t:;�to Lender shal! Ee�•�n by first class mail to �� � n�� .�c'�
<br /> ,t
<br /> ..�:�,•" • . ,, 4="._.-
<br /> -" . �;t�; . • Lender's address �st�r.�f hereitt�:�.�y oth:r�:;::ess l.ender designates Ly notice to[�!rr�wer. Any notice provided far in ihis � �,�.
<br /> �` : -
<br />��t'• :i�'� ' Serurity instrumer:t shall be dee..,:�"to havc bern given to 13���wer or Lender whe��gi:��3:as provided in this paragraph. ' ,
<br /> �+�- ' '� 15.Goveraing Law; Se��rabitity. Thia Securiry t�=�::�t,s�!iall bc ga�•err�; by federal law and the law of the � ; '� -�.`_
<br />,:,,,. r�,;:� , c ri • .
<br /> �`;�;; �`j� jurisdiction in wT�i;:y the Property is lacated. In the ever:r�.+.�en;-rn��..:��.on dr elause of this Secucitv Instrument or Ihe Note f; '
<br />-.�r., • �;;�i conflicts with a�srl��:ab1e law.such conflict shall nat affect ti�c��Y:,;:��+:r.r�•;�f this Security Instruni:�t.cr the Note which can be �;�."` 'i-..
<br /> :� given eifect wi:? �; e caaflicting provis ,
<br /> � ., �� �tA•:Y� _ � U:�_ th i�n. Ta lhis er,d d.Se�'ocicii:;s of this 5ecurin��ast:s�t�:a.nd the Nate are dcdared [�,��% i�,.
<br />`"•;`; ',JYr;�;:'.,,; .,.:�t, tabeseverable. .,; .
<br /> ,,. :�� �;:, 4r'- '' ,
<br /> �'��,� ;� '�;:'�•ti�+;;;;;' 16.Borrowe�'w Copy.Borrower tihall he given nnc u�ntc.::icd capy of ihe Note:us,t���'�:us`�a�ity Instrument. �.'�1"' � • •
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