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<br /> puyments may no longcr be requitod. at thc option of[.ender,if mongaQe insurK�rc covcr�c(fn thc tu�xwnt wtd fi�r pericxl
<br /> � �� thu[.endcr requirea)provided by an insur�r approved by L.endcr n��n hexuttks Av�llabk�nd is�Mwh�af. Bunuwer�hall pry
<br /> - the premiums requlraf to maintain mortgage insurance in effoct. ar ta provid¢u tuys rescrve, untii tt�u:quirment fnr rtwrt��c =_
<br /> — insurance ends In accordance with any written agrament betwxn Borrower wKf Le►wler ae applicwblo taw.
<br /> ,y� 9. Inspoction. Lender or its egent may makc roawnable antrfea up��n a�xl inr�pocti��n,c uf thc F'roperty. t.e�xkr xtwU�{ivn
<br /> _ Borrower notice at the time of or prior ta un inspoction spocifyin�rc�.rcirwblc r�usc fi�r thc ins}xrtiun.
<br /> _ 10. Condemnation.The prceeeds of any award or claim for Jam�ges, dircct or am�cyucnti�l, IIl C1111ik'CI�UII WIIII Ylly
<br /> � cortdemnation or other taking of any part of the Property,ur far convoy�nee in lieu of conclemnutiun.uro bcnby u+.riynrd rixl
<br /> ' sfwll bc paid to I.ender. —
<br /> �� In the event of a total takins of the Property,the proceeds shall be applled tu the sums.ucural by thiz Security In�trunxnt, —
<br /> �......,:: ::�.
<br /> _;-- ,--�� whether or not then due,with any excess paid to Borrowcr. In thc event ni u prrtial tul•in�;of the PropeNy in which t u tu r
<br /> ,o,��,V-�;����� market value af the Property immediately before the taking is equal to or greuter than tfK anx�um uf thc�ums�urud My thiv
<br /> ����,w._�,�,w Security Instrument immediately 6efore the taking,unicss Borrower and l.crxicr otherwi+e aE,ttYx in writing, thc+unn Mwunxl by �;;;;.--
<br /> ���:t�s?�:�;:��" : this Security Inctrument shall be reduced by the amount oi thc prixcalx multipli�l by thc fi�lb�wing fructiun: (u) tiu t�NUI
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<br /> •� amount of the sums secure�ci immediately before the taking, dividcd by(h)the fair�►urkct v�luc of tiK Pr�i�xny imnxtiliutcly
<br /> ��� d �'� beforc the taking. Any balAnce shall be paid to Barrawcr. In thc event ul'u pLrtial luking ��f thc Pruperty in which thc f�ir
<br /> — � ,. . �-._
<br /> - a market value af the Propeny immediately befare the taking is Ic�s than thc rmount of ihc�unn.ccunxl inmxYliatcly Ixliire thc .,
<br /> " taking, unless Borrower and Lender otherwise agree in writing or unless upplicuMe luw ahcrwise pruvidw,thr pr�kc��l�al�ull L`-��
<br /> .� —' - ,�—,+-.,�—,�--, --i � 6e applied to the sums securcd by this Securiry Inatrun�ent whethcr or not thc�ums arc thcn duc. =r---
<br /> ,tr'�'F' If the Property is abandoned by Borrower.or if.after notice by I.encler to&►rrowerthut ihe a�rxf�m�wr uffcn tu nwkr sui �,.,.
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<br /> uwurd or settle a claim for damages. Horrower fuits t� res�nd u� I.endrr within 30 day. uRcr tiu datr tl�c �x�tice i. �ivcn, ;
<br /> lf"��,'"����"'�""': �� Lcnder is uuthorized to collect And upply the prcueecls,at its optton,cithcr to rcstarution nr repuir��f thc Property��r ta thc.nm�
<br /> i�u�..a:-.>:� ,;� `,F'.� secured by this Security Instrument,whether or not then duc. r-
<br /> �F Unless l.ender and Banower otherwise agree in writing, any applicatiim of pnxttJ.tu principal +hull n��t rxtrtxi �tr �°
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<br /> -� � , pe+stpone the due date of the monihly payments referred to in paragr�phx i :uid 2�tt change thc umount uf tiurl�poynnnt�.
<br /> „ . I1.Borrower Not Released;Forbearonce By I.ender Nnt�Waivcr.�xtcntiiun of thc tink fur paynxnt��r m�Kliiirutino
<br /> • • • of amorti�ation of the sums secured by this Security Instrument �runted by Lender te�any wcce�u�r in intrrr+t of li��rruwer�liull t
<br /> - . . not operatc to releASe the liability of the ariginal Barrawer or Borrowcr's sucresuirti in intcru�t. L.c�xlrr+hull nut Ix nyuircd tu �.
<br /> :'`�?�:.��•�'.�t•���'s . commcncc proceedings aguinu any successor in interest ar rc�use to extcnd timc fiir paymcnt or ot hcra•ik nu x fi ly anxm iiutiun �
<br /> �� � � of thc sums secured by this Security Instrument by reuson of uny dcmunJ nmdr by �hr ori�i�ul Borrow��r ur Hurruwer'+ �
<br /> , ruccesu�n in interest. Any farbearance by Lender in exercisins uny right or mnx�iy shall�tx�t be u waivcr ut'or pr�rlude th� --
<br /> _ _ '�--���.,:__—_ � �x��c�u�of any right or remedy. �_
<br /> � 12. Successon and Assi�ns Bound:Joint and Several Llabillty: Co-si�nen. Thc cuvc►wn[. arui u�rccnknh �+f thi� ``�=
<br /> ~ . �curity lnstrument shnll bind and bene�t the successon u�xi ussigm i�f I.cnJ�r u�xl &�rrowrr. .uhject ta the pru�i.iam uf ,.•-:
<br /> p•rr�gruph 17. &�rrower's cov�nuntti und Agreement� shall tx� j��im und xveral. Any &�rruwrr whu ru-.ign� thi, Srcurity
<br /> In�trument but di�es not execute thc Natc: (u) i�a�•signing this Scrurity in.trumem only tu tnungagr. grun► a�ul runvey tliut
<br /> li��rrower'z interest in thc Property undcr the tern�ti of this Scrurity In,trunxnt; (M) i.n�d prrumally uBligatcd t��pry thr+um. �'� �
<br /> xcur��d hy this Scrurity(nstrument: anJ(c)�grecs that LcnJcr unci uny�uh�:r�3orr�+wcr nuy ugrec to rxtc�xf,m�kiilj•, liirlxar ur �i�:
<br /> � � nwkc uny ucc��mmc�datiom with regard to thc tcrms��f this Sccurit�•Imtrumcnt or thc N�nc withuut thut&►rruwrr'.r�mr�nt. `
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<br /> �" � � l3.I.ostn Char�es.If the loan secured by thit Srcu�ity Intitrmnrnt i,�uhjrrt tu u I�K' Wllll'Il�l'�ti I11:IXII11lUll IO:1�1 l'I1Jfl;l'1. � -
<br /> �°:.'�_ . und�hat law is f►m►Ily interprcted sc� that the interest��r other I�,an rhargr+rullrrt��i ur tu tx cuUerted in rannrrti�m with the
<br /> _ ' luan cxrccd thc�ruiitted limits.then:(u)�my such loan rharg� �lial) Ix reJurcJ by dk:un.�wu ncrr�.:wq• tu rcduc�thc rhargc
<br /> �' t�► thc �xnnittal limir, und (bl any sum.r ulrcudy c��llcrtcd fr��m &�rn,wcr which cxccc�ial{xnnin�rl limit�w•ill tk rrluixi��l to r' •
<br /> � li��rrnwcr. (anJcr nwy chou�c to �ttakc thi� rcfund hy reduriug thc principal owcd unJcr �hr N�nr ur h� ntiMing a Jirrct —=
<br /> rvnknt tu Fi�irrowcr. N' .i rcfund reducex rinci rl, the rcducti��n will bc tr�atrJ a� .i artiul r� .► mcnt w•ithaut an �'"'.
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<br /> pr�puynknt.hargc undrr ihc Nutc. �` �.
<br /> ' 14.Notic�w. Any nntirc to Borrowcr providcd for in thi� Security Imtrumrnt �lr.il) I��i�•cn hy drli�cring it ur hy mailing
<br /> � it by tir,t rlu.�muil unle�ti upplicuble I;nv require�use uf an��thcr nkthi+�t. The nutire�hall tx JirertcJ to thc Pro�xrty AJJre„ p. ;.
<br /> _ ur uny utl�er addre�y BarroKCr designates by noticc to I.etxicr. Any n��tire to l.rndrr,h:dl hr given h�• lint rla�• mail tu r - -
<br /> - � � Ix��lrr'��uldrc.��wtrd hcr¢in cirany othcr address I.cndcr drtiignatc�hy noticr t�� E3��rrnwrc Any n��tirc pr��vidrd t��r in thi+ E_
<br /> � . � S�tiurit ln.t�vment,hall tx:JccrneJ tu have been iven to Burr��wer or Lrndrr whrn �ivrn u. r��viJrJ in thi. ar:i�ra ii. ��;
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<br /> =�'��'�'' 16.Covcrnin Luµ•; Scver�biUt . This Scrurit Instru��x:nt ,hall tx �►�•crnrd h I'rdcral laa• and thr I�N itl III� •
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<br />- juri�Jirtiun in whict►the Property is I�x:�ted. ]n thc event that uny pruvi,iun ur rlau.c ��I'thi.Srcw�iq In,trunknt��r tb� N�►te R.,•..
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<br />_ ' runllict�with upplirahlr law.�uch rc+nflirt shall not uif'ect other provi,ion�uf thiti Sccurit�•1 n•trunknt ur thr Nute whirh�:an he w'.'.
<br />-- . , �."": , tiveu rllcrt wi�twut the c�mllieting pruvision. To this end thc pruvi,i�m. of thi.Secunt}•In.trunxnt and the Nute arc drelared ,�.
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<br /> ,�� '' ."s°,:'� .. 16.Hurr��wcr'x Copy. &►rrower rhull be given one conf�»•meJ eupy u1'thc N�.tr and�it'tl�i�Scrurit� ln.trunxnt.
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