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<br /> p�yma�ta rrMy ro lon�er be requirod,at the option of Lernler, if mortRa�e ir�wrukx cover�e(in the art�uet�nc1 fot�tha pai�d
<br /> th�t L,p�der requira)provided by an inwrer approved by La�der a��in beccw�e��vail�bl��nd!s d�ufrod. Borwwer�lu�ll pa�Y
<br /> We proa�ivau roqulrod w m�int�in mo�e insuranoe in cttect,or W provide+�lou�reserve.untll tlie c+equirament for rnc��o
<br /> inwance ernls in wcord+r�cx with any w�itten�ge+eement betwan Borrower�rd i.ender or�pplica�bk t�w.
<br /> !.i�p�ctia. Lender or iu�au may make re�roruble entcka upon md irupatiiom ot the Prayerty.Lwder�hall jive
<br /> Bcxrower natice a the tfine of or prior to�n inspoction�pacifyinQ rouo�ble c�u�e for the in�pation.
<br /> 10.C�lo�. The p►�ads of�ny �wud or cl�im for dstru�cs�, diroct ur wru�oquenti�l. in oonn�xtlon with any
<br /> _ �------�---
<br /> a�ndemrwtion or ather IskinQ of any prrt af thC Propeny.or fur conveyu�ce in lieu of cwdemnation. arc hereby asui�nod�nd
<br /> �lwll be paicl ta Lende�.
<br /> � In the event uf a wtel Wcin�of the Prc�peety,the pmeoedc slwii be�ppliod w the wm��ecurod by this Security Irutrumettit,
<br /> - whettxr or not then due, with any ex��ess paid to Bo�rowcr. In thc cvent of A parti�l takin� of the Property in which the fnir
<br /> — market value of the Propeccy immediately beforc the�aking is oqual ta or greater than 1he amount of the wmz socural by thla
<br /> _ Security Instrument immedi�taly beforc the taking,unless Horrowcr wx!Lender ott�crwise agra in writin�,the wmc secural by
<br /> � thi� Security In+trument shall be reduced by the anwunt of the procoeds multiplied by the foilowjng fractfun: (a)tho total
<br /> -�- �'�`" amount of the sums secured imnxdiately bcfore the taking,djvide�by(b)the fair mar�et v:�uc of thc Praperty lmmodiutely
<br /> beforo thc wking.Any balance slwll be p�id to Bornawer. In the event of a partia!talcing af the Property in which tha fair
<br /> ---- — marlcet value of the Property immodGUely before the taki�g is less dwn the amount of the sumc secured immodiately bcfarc the
<br /> "° taking, unless Borrower and L.ender aherwisc agree in writing or uniess applicable law otherwise provides.the prncads shall
<br /> ___ __ bc appliod to the sums sxurcd by this Security Instrument whether or not thc sums are then due.
<br /> -- If the Property is abandoned by Borcower.or if,after notice by I.enJr�•to Iionower that thc condcmnor offecs to make an -
<br /> Awuc+d or setdc a claim for damages. Borrower fAils to respond to I.ender within 30 days after the date thc notice is givcn,
<br /> Lender Is Authodud to collect and apply the proceeds,at its option,either to restoration or repa�r of the Prop¢rty or to tho sums
<br /> secured by this Securiry instrument,whether or not then due.
<br /> . •.�,. .�,�;:�,• ,� Unlcss Lendcr and Borrower otherwiso agroc in writing, any application of praceeds to princi�wl shall not eztend ar
<br /> postpone the due date of the monthly payments refcrrcd to in paragraphs 1 and 2 or change the arrwunt of such payments.
<br /> l l.Borrower Not Rele�ed;Forbes►rance By I.ender Not a WAi�•er.Extcnsion of the time for payment or modiFcation
<br /> of amortization of the sun►s securod by this Security Instrument gcanted by Lender to any successor in interest of Borrower shall
<br /> "� not operate to relcase the liability of the origitwl Borrower or Borrower's successors in interest. I.ender shall nc�t be required to
<br /> commence proceedings asainst any successor in intercst or refuse to extend time for payment or otherwise modify amortization
<br /> -- �..�. of tt�e sums securod by this Security Instcument by mason of any demand made by the original Borrawer or Burrower's
<br /> �' succes.�ars in interest. Any forbearance by I.ender in exercising uny ri�ht or rcmody shall not be a wsuver of or precluda tho
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<br /> . ' exercise of any right or►emcdy.
<br /> '"!4'r�:'�'°"���"°". l2. Successors And Assigns Bound; Jant and Several Linbility; Co-signecs. The covenants and agreemcats of this
<br /> ���"' ���� Securit Invtrun�nt shull bi�xi anct benefit the successors and assi ns of Lender and Burrower, subjcct to the pmvisians of
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<br /> ���"`����=' ° �+.�� � paragraph 17. BoRawer's c�venants :md agreements shall be joint nnd several. Any Borrowcr who co-signs thiy Security
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<br /> -� � Instrument but dces not execute the Note: (a) iti ro-signing this Scxurity Instrumem��nly to mortgage,grant and canvey that
<br /> • � � Borcowcr's interest in the Pmpeny unJer thc termti of thiti Security lnstrun�ent; (b) i�not perwnully obliguted to pAy the sun�s
<br /> .«,ti:aMM=,;':•.=w~.�- secured by this Securiry Instniment:und(c>agree.that Le�xler und uny rnher�onower ma}•agree to extend, mcxiil'y,forbeu or
<br /> •2::s<•.�"� .•. •• muke any uccommodutions with rrgard tu thc terms af thi.Seruriry Instrurrknt or the Note withuut that Hurrower'��v�nsent.
<br /> • . • � : 13.I.oan Ctwrgec. If thc loan srcurcd by thi.Sccurity Instrunxm i,xubjcct to u luw which sets muximum lann churges,
<br /> '`=�'•'•" �'�•�; . and thut law i, finully interpreteJ ui th•rt the interert ar other I�ian rhurges coll��t��d or to be collected in ronnection with the
<br /> �. .,, ,';,•�i:.::;,• �.�:, '' loan cxr�the permittcd limits,thcn: (a)an�• surh l��an churgc shall he reduccd by th� •rmuunt ncccswry to reducd the churge
<br /> " ����'�::,• � to the pe itted limit:tnd(b)uny tiums ulrcaJy collected from &�rreiwer which excctded pemiitt��d limits will Ix: refunded to
<br /> ,...fi��;•� • Borrowcr. L.c�xlcr m•ry rha►x t�� makc thi. refunJ bp reJucing thc principal o����d urxicr thc Nute ur by muking u �Jirect
<br /> - � • �.:, • payment to &�rrower. If u refunJ reducc, principal, the rcductiun will lx trcated a� a partiul prepaymem without ;u�y
<br /> `-�",_ ' prt;.»��'r,:r.'rhargc undcr thc Nutc.
<br /> 1�3.Nutic�w.Any ncuicc to&irr�iw•cr proviJcd ti�r in this Sccurity Instrumcnt.h•rll Ix�givcn by delivcring it ar by mailing
<br /> : ��` ���,. it by fint rlus�nwil unlr�s•rpplirabl�law rcquirc+u�c ot�anothcr mcthixi. Thc natire.hatl fx direccui tu thc Pn�prrty Address
<br /> . ,�'i.,: . � or any othcr addre�ti &irrawer dc�ignatc+ by nutirc tu Lendcr. Any notice tu I.rndcr +h•rll b.r Eivcn by fint cl�u m•ril to
<br /> • "'"' l.cnder'ti address.tat��d herrin or any othrr uddreti. IAndcr dr�ignatcr by notice tu &�rruw•er. Any notic� pinvided for in this
<br /> ,,.;":'�""""� Seeurity Instrunxnt shall tx:decmecl to have been given tc�&�rrower or Lender when givui a.provid�d in thi�.paragraph.
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<br /> � "� ' IS.Co�•ernittR I.aw; Se�'crs�biliq•. Thi� Sccurity Instrument shaN lk g�wcrncd by fedred iaw wxt thc law of the
<br /> �; . • jurisciirtion in ahich the Propr:rty iti hxated. In tl�c event thut auy pn�vision ur rlau+c aF thi>Sccuricp In�trument or thc Note
<br /> •"�� conflicts with applic�blc laa•, such contiict shall rn�t aff�tit other priwi.iuns ut thi,S�tiurity ln.trumcnt or thp Notc whinc�an bc
<br />–�M _ ��*��'�� - given effect without the ronflicting provi,ion. To thi,end the�+mvisi�m.uf thi.Sccurit�Intitrument u►xi thc Nute nre dedured '
<br /> , - :'.ly-;.�- to be severable.
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<br />� '��'�='�' - 16.Bomowe�'s Copy.Borrowrr+hull bc Hiven one�anfuRned cup} of thc Note and uf thi�Security Instrument.
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