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<br />      ,—  �   	�  — 	payments may no longar bc rcquin�d,at the option of Lerxicr. if rru�nga�e insurAncc cov�(in the amount and fo�the period
<br />      — 	-     --- 	that l.ender reyuirta)provided by�n insurer npprov e d by I.e n der ag a in b a omes ava i lw b le a n d is o b ta i n o d.Borrower chall p x y
<br />  					ti�e prcmiumc roquirod to mwinutin mottgage Insuranc:ln effect,ar to pmvlde a loss rcserve,until the rcquircment!or mortQage  	_
<br />    ___���„II,,,� 	inhuurance ends in accordatxe with�ny written agrament lxtwan Borrower and l.ender or applicable taw.
<br />   		- �       		9.Inspectbn.l.cndcr or its a�ent may malco re�sonoble cntriet upon xnd lnbpoctions of thc Property. Lender chall Qive
<br />    		;.�'�.. ,  	Borrower ix�tice at the time of or priar ta an inspectiun cpecifying re�.wnable cxuse f'or the inspection.
<br />						10.Condemnatlop. The proceods af any aw�rd or claim for dumages. dirert nr conseyuential. in cannection with any
<br />     :      ,   �_._t     '�••� ;    	condemnation or other takin� af any pert of the Property,or fur conveyance in lieu of condertuwtian. We hereby assi�ned and
<br />      	R:,.�-��..�.   1     	�Iwll be p+id to Lendcr. 														_
<br />   	�.�it`' " '�'�'  		In the event af a tcx�l taking of the Property,thoprcxceds shall be oppliod ta the sums scxurod by this Seeurity Instreament,
<br />  _�—���� 	whether ar not then du�, wlth any excess paid to Borrowcr. In the event of A partial taking ot the Property in which the falr
<br />    _   	�-0w��   �-�•    	macket valuc of thc Property immediutely bcforc thu taking is equ�l to a�grcAter than thc attuwnt of the sums secured by this
<br />      	4' ��:i��:aa� 	Security Instrument inu�x:diately before the tuking,unlas Borrower and L.ender otherwise agree in writing, the sums secured by
<br />   			� �    	this Security Instrument shuU be reduced by the umount of the pcoc:eeds multiplied by the fallowing fractian: (a)the total
<br />     -      �  ��   '�  `''  	umount af the sums sccured immediatcly bcforc tha t�Cing, dividecl by(b)the falr market vulue of thc Property immecliatcly  	�
<br />      ' ���• ''    -  �    '-   	before the taking. Any balance shull be p�id to Bc�ROwer. In the event af a purtiul taking af the Property in which the fair
<br />    	�'°�"w"'�'$"`"0.%����'�1   	market value of the Property immediately bcfare thc toki ng is Iess than the amaunt of the sums secured inunediately before the  	-
<br /> �— '      	�-    	taking, unless Borrawcr and I.cnder otherwisc agree in writing ur unless upplicablc�uw otherwise provides, thc proceeds shall
<br />  .� i"h�	, ,      	be applicd to the sums secured by this Security Instrunxnt whether or not the sumti arc then duc.
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<br />     	*r •  	��,:s'�+		If the PropeRy is abandoned by Bc�rrower, or i f,after notice by I.enJer to Horrawer that the condemnor offers to make an  	`
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<br />   	� .    			awwrd ar rettle a claim far danwges, Borrower fails to respand to Lendcr within 30 days aftcr the date the notice is given,  	_
<br /> 			.. '.��`�.`i.  	Lender is uuthorized ta callect and apply thc proccec.ls,nt it�option,either to resroration ar repair of che Property or ta the�ums  	_
<br />    	�'      																				=
<br />  •					aecured by this Security Instrument,whether ar nrn then due.     									__
<br /> 						Unless I.ender and Borrower otherwix agree in writinF. any applicati�m of proceeds to principal shull not extend or
<br />    	�  ,�...u-.:.,.-,._,:w.t  	postpone the dua date of the monthly payments referred tc�in paragrnphs 1 anci 2 oc change the amount of�uch payments.  		�
<br />		�	�  ,.   		11.Borrower Not Released;Forbearunce By I.ender Not a Waiver.Extension of the time for payment or modification
<br />    	.�����,_;,,:  ,,    	af amortization of the sums secured by this Sccuriry Instrument granted by Lendcr to uny�uccessor in intcrest of Borrower shall
<br />     	.     			not operate to releuse the liability of the original Borruwcror Borrowcr's successors in interest. T.ender shall n�t bc required to  	-
<br />   					commence proceadings against any successor in intcrest or refu�e to extcnd time for payment or otherwise modify�monization  	-
<br /> • 					of the sums secured by this Security Intitrument by reucon of any denwnd made by the originul Borrower or &urower's  	-"
<br />   					successors in interest. Any forbearance by Lender in exercising any right or remedy shull not be a waiver of or preclude the
<br />    	,,6x_,_�_,__ _      	exercise of any right or remedy.
<br />  -	-.—�	-- 		12.Succcssora And A�signs Bound; 3oint and:�cverui I.ixbiiity;�v-+ik��rr�. 31�e 1:l)VCt1S1tI.l it1�l� Ub'�CCIt1CiU� ot this  	_
<br />   	'      	'		Security Instntment shuU bind i�nd benetit thc succc.v�rs und assigos of Lender �nd Burrower, suhject to the provisions of
<br />   					para�rs�ph 17. Borrower's covenunts xnd ugreements shall be joint und several. Any Borrowcr who crnsigns this Security
<br />      			` '� 	Inslrument but do�c not execute the Note: (ul i,c��•�igning this Securiq In,trument onl�• to mortgu�e,grant und convey th:�t  	'
<br />   					Boi7ower's Interest in thc Property undrr thc tenm otthis Scrurity Intitrument(b)is not personally ohligated to pay the sums  	-
<br />  � 					secured by this Security inytrwiu:nt;anJ Ic)agrec+thut L.ender and uny other Borruwer may agrce to extend,mrxlify, farbcur or  	'
<br />   					muke uny uccomm�►dations witl�regurd t��the trrnu.�(ihi+Sccurity Intitrununt�ir tiie Nute without thut Borrawer's consent.
<br />  '      					13.I.oan ChvrRes. If tlic loun ururcd by thi�5ccurity Inticrumcnt i.subjcct w a law which scts maximum lo:�n charges,  	-
<br />  -					and thut law is finuUy intcrprcted �o that the imerest or uthrr I��an chargc�r��IlertrJ ur to be collecteJ in connection with the  	°
<br /> '					loun exceed the permitted Iimits, thcn: (a)an��+uch loan chargr shall tx reJuc��I by the am�wnt necestiary to reduce the churse  	°
<br /> �					to the permitted limit: and (b)any.ums ahcaJy c��{I�wted froin Burrower uhich exreedcd �xrmitted limits will be refunded te�
<br />   � 			.      	Borruwer. L.cnder muy cha»r to mukr thi. rcl'und hy mduring thr principal awed undcr the Note or by making a Jircct
<br /> ;,�   	�    			payment to Aorrower. U' a rcfunJ reducrs prinripal,  the reductian a�ill lx: trratcd a. :1 pJI'II�I prepayment without any
<br />.     	•       �  ,,.		prepayment chargc under tlie N�itr.
<br /> 						14.Notices. Any notice tu Borruwer pru��id�d (or i n thiti Scrurity Instrununt �hall hc�ivcn by d�livcring it or by m•riling
<br />   					it by fint rlu��muil unlc�ti applicuhlr law rcyuin�u+e o f another meth�xl.The notirc+hall hr directed to the Property Address
<br />      	. 	.	� 	or uny othcr addres+ I3�rruwrr dctii�natc� hy n�Hicc t�� l.cndcr. Any nuticr to Lcndrr tihall bc givrn by tirst clu,s muil to
<br />  		,			Lendcr's addresr statcd hcrcin ur uny uthcr addres� Ixnder Jr.ignatc� by nuticc tu B��rruN•rr. Any nuticc providcd for in this
<br />   �  .  		.  		Security Inslrument xhall be decmed tu havc hccn�ivcn tu&�rr��wcr ur I.rndrr whcn�i��cn ax pnwidcd in thi�paragruph.  		_
<br />    	"""�				15.Governtng I.aw; tieverabilih•. Thi� S�curitv In�trumcnt .hull hc g�n•crncd b}• I'cdcral luw and thc law of thc
<br /> �,'      	�u�  �		jurisdictlnn in which thc Prop►:rty i� I�kat�J. b� thc cr�nt thut any pr��vi�iun or clawc uf thiti Sccurit� Instrumcnt or thc Notc
<br />     '  	'  '       		conflicts with upplicablc law. �uch cimflirt.hall �xit uffcct nthcr pruvi,iun.�it'thi.Scrurity In.trument ur the Note which can be
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<br /> ;1� 	.   . 			givcn cffect without the contlicting pmvision.To thi�cnd thr pruritii��n,uf thi.Srcurit� Inatrument und the N�itc are declurcd
<br />  �  	+�..:..... .  		to be severablc.
<br />     'f 		.,       		16.Borrower's Copy. Burruwrr�hall bc givcn one conti�rmcd rupy o(thc Notc and uf this Security In+trument.     		_
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