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<br /> �at�the�optioa at��eo3er.3[ nw�t�:�t�rsnce coveca�e(iu tbe a�notnt�ad ioc th�pesiod stn�t.�Jar requ�ra�. .
<br /> • pr�vided b��iaw�i�er approwed b7►1 �peo bec�mN avaiiabla and u obarined.Hocrower sf�11 py t�e�Seeiivnu
<br /> required�uu msintaie mortp�e i�rutance�n aKecc.a to pro�rida� taw rerec�re.eiasiC`tMe:l�equiremeat.tor niartp�e
<br /> � iaauanoe eeds in iooa+d�noe�rlth ar�Nrittaaa jreemeat betMraen BorroMa u�d Lander ar�pp11pUI0�iNt ,.
<br /> 9 Io�pectioe.L�dx or�ts s�ent msy�nake ra�ona�la enteias upo�n uid iaipectio�o�tt�PropatY•L�nder shdi .
<br /> � � pw Ao�roxec notioe at the time ot or peiar to an in�oection specif�I�rer�uble au�e ia t�e it�pectioe. �
<br /> � , t�Eoadsma�tio�.TAe proceeds oE ang aMUd or cl�im tor d�masa4�eect ot cairequenti�£ta aounectiaa�eith_ .
<br /> � an'aadertinatiae or otlkr tsti�ot any part ot the Propdrty�or tor Qanreyanoe io lieu nf oondemnation.are het�eby
<br /> ��aeei�edandebsll bepiidtol.ender. : �
<br /> � � �the ev�tt ot a toial takiu�of the Property.the tx'oc'e'ed�s�lt be apptied tn the euma aecne�ad�t thi�Secucit� _
<br /> . Instrumen�wliatt�eror nos tUea due,�rltD any eza�:paid to Haetaxer.In tt�e event oi a p�rtiai takin j ot the Property it�
<br /> �rhich tGe tsir muloet value oi the Property�mmediatdy betae tae tatl�is a�wi to a�ur than the amoar�t oi the
<br /> � susns eectn+ed by this Secucity Iaswmerit irnmediatdq betore the talcin�.uqleae Hon+oxee and i�endec othenrise s�roe �
<br /> in�rritiqE,tba s�tms eecurod by tl�is Security t�trumeat ssh�1l be reduoed by t1�e amount ot the ptooetils�►ultiplied by
<br /> tbe fo�fid�in=tactioa:(aI the tos,�amount oi thc suma aecured imme�iateiy bdare the t�iciaP,divided 6y(b}t6t t�ir _
<br /> , . tnsrliat"vatue of the Praperty initnac7iauly betote the tttin�.My b�lance s1u1]be p�id ta Bocroxer.In the event ot a:
<br /> p�rtid ninn;ot tbe Pr�paty ia wtsich�the iair mulrot valve ot the PmpatY immedistely be[ore t8e aYin�i�laes tLnr
<br /> .. the amount o�tLe swns aecuced immediately be�iosz tha takinp�tialees Borm�rer and Lender othenviee��rx in�rritin� .,
<br /> . . at vnle��ppliwble Isrv otherNise.Pr�nvick�, the proceeds ehall ba applied w tbe.sums secured by this Sxurity --
<br /> I�umentNTxther or nat the s�sre thendue. .-"" . ---
<br /> I!tha Frvperty is Yb�ndoned bp Bon+n�rer,or if,aftec aodve by Lendee w Borsoxer�that tiie oondemndr ofTeceto _,�
<br /> � mai�e�n ax�r+d�or aettla a ctaim for dsma�es.BorraMer fdts to respond to Lender Nithia 30 days�iter the date tha ::�
<br /> �� -� notix ia�iven,I,ender is autlwriud to coltect and apply ttse procoecl�,,at its opdun.eitl►er to nstorstion or rep�ir oi the --
<br /> . property or to t1�s�nas aocw+ed by this Secvrity it�strument,�rh�ther nr not thea dns � . - -_
<br /> UAlaoa Lender md Borto�rer otherwisc sgree in�►ritia�.anY appiiwtion ot pr�oc+eeds w princip�l stnl�not extend or • ���'
<br /> . . postpa�e the due d�te of th�innaihly PaYn'tenta rdenad m in puag�aphs 1 and Z nr clnnge the amauat.of such �
<br /> . ,Palma►ts• . ' �i"'
<br /> U. Harower Not Relased;Forbeuaace By Lender Not a Wsiver.E:ten4ion oi th�time for p�yment or °-
<br /> moditicatioa of amortiiation of th�s�sms srcurod by this 5avrity Ipst�vmeat granted by beader to u►y succxseor in
<br /> . _ir�terest o[Bornower stisll nat operau w release the liabifity of the original BorroNer or Borto�rer's succeseo�s in �:
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<br /> : inter+es�Lender shall s�ot be roquired to commeace proceedin�agsi�t any suoce�or in interest or refuse to e:tend
<br /> . _,tim�ior,p�prnent ar ottier�viae modify amortization oi the sums�ecured by this Security Instnzment by rason of ariy ,'�-:;�
<br /> demand madc by�he original8onnwer or$orrower's suoa�ors in iateres�.Any[orbarance by Lender in ozercisin� 'si
<br /> - . uiy right or remedy shall not be a waiver ofc+c preclude th�azer�ise of any right or remody. '-:�
<br /> �',,,.�;�. 12.Soax.sstiaas aad Assisna BopadL;�nsat sad Sevcral Liab'lity;Co-ai=nera The cocenants and ap+eeme� _-_
<br /> � .;r of this Securit3►Iristniment shsll bind an��eae�it the succ�sors and a�sigas oi Lender�nd Bomoxer.subject to the --
<br /> ' ':°� provisions o[paragnPh 1'7.BorraWer's co�isants sndagreements shali be joint snd s�veFa1.Any,Borrower kho co sigr�s -
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<br /> - tlns Sxudty instrument b�t da�s not ex�vte the Note: (s� is co`signinE this Sa�uity Instrumeat ody to mort�s�e. ,;,�
<br /> t-,°:f,�.� gtant�nd�nvey that Bonowet's inurest-it�the Ptoperty under the teEms at th?s Sa�ritp Instrument; (b) is not , d•=--
<br /> Bo�na11y obti ted to y the sums sec��ed!by this Securcty Instrument;and(c)a that T,endet aad.�ny other �
<br /> xer may�w e�xtend,madifp,�r,sbear�or make any accommodations with ngar�d to the terms o!tfus Security �^
<br /> � Instnment or,the Note withoin,shat Eorsotv�r's wnsen� �'�,��;'
<br /> . 13. Lo�n Chutes.If thg�Ioan see�ned by this Security Instrument is subjeet Eo a law whicl�sets manimum lan
<br /> charges. and that law ia tina?ty�interpreted so that the interest or other loan charges collectal or to be wlloctod in
<br /> canaectian xith the loan exceed�fhe permitted limits.then: (�)any such loan chsrge shatl 6�e ceducod by thasmouat _
<br /> necess�ry to re3uc4 ihe charge to the pe�mitted limit; and (b) any�sums atteady collxr�.from Borr�wer which ,"
<br /> '' ezceeded permittec`[�imits wi}1 be refunde��ro Borrower.Lander may��hoase to make t1't>s c!r�`�snd by reducing th� _ _
<br /> pri�l o�ved under the Nots or bp making a direct ps,�ment�to Borrawer.II a s+efe�xtd reduces,,�rincip�l,tb.ereduction
<br /> xilLibbYreatedasapanialprepaymentwithoutanypre�yrnentchargounderthe;�mr,;�'� � . - _
<br /> I�.Noticas.Any notice to Borrower sarovided tor in thiaSocurity lnstrumer.�sEialt be���n by delivecin�it or by
<br /> � . msilin�it by first olass mail unles§apptr�'b`e taw requires use of another method. The r.ori���all bo directed to the
<br /> . Property Addre�or any other address BozaA er designates by notico to Lender.My notice r�L'.vader shaU be given by ---
<br /> Crst clisa msil to Lender's add�°ss stated�rein or any ot�er addres�l.ender designates hy.�tice to BotroWer. Any __
<br /> notice providod!or in this Sec,x��lnstrument shall be deemed to have been given to Horrower or Lender when�iven " _
<br /> � as provided in this P�S�Ph• .
<br /> ' 13.Governin=La�r;Severabiiity.TP�is Seci�-rtt��.�trument shall ba governed by federa�law and the 1aw of the °•
<br /> ' .. juriadiction ia which the Property is locatec�.Ps�tP.e etea�zhat any psovision or clause oi this S��rity ingtrument or the
<br /> ' Note oontiicts'with applicable law,such conflict shai.t:�t�fect other tsrovisions ot this Security rastrument.or the Note =
<br /> �rhich can be g'�ven effect without the conflicting�.mci�a�n.To this end the provisions ot this Security Irr�.^triiment and' .`�
<br /> the Note aro declired to be aeverable. .
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