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<br /> � — - at tlt�option iit I:en�ec.it m En�ranca coven=e(is��he aaiamt ufcl foE�the puiad th�t I�eades raq�ir�es? +� -
<br /> . pr+dvided by an imn�n.r sppmved�y�in beoornas avaitabie and is obtained.borra+vec�11.Psy thc P�einiu�ns i
<br /> requoir+ed�to uiuntaia mottp�e i�ucance in�ect.or w provide� loes�ervc.uat�'1 t1a reqe�irement for mort�e �
<br /> i�uraaoe aWs in acooed�noe Mitb�ay�ritten a�aement b�trraen Ban»�re�r and I.endec or a�pp1icable laN. � .
<br /> 9.Inspection.Lender or ifa s�cnt m�y maka rea�onsble�►uies upoa aAd inspection�o�the Ptopetty.Lendet e1u11
<br /> 've BorroWer�otice at tha time ot or pc�or to an inspearon epecifriai rw�onible ause!ur tl�t inspection. , ,� .
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<br /> 10.Condemmt�oa'Che pr�uoeeds ot sny'lkard or claiin tor dsnis�ee.direct or eon�equential,�n coru�ection�ntt,�
<br /> any condemmtioa or ot1►er taicit�ot an�p�tt ot the Pcoperty,or tor convay�noe in lieu ot coe�demnatioe,ace�t�ebp;A
<br /> . asei�aed and sludl be paid to I�endqr. ' - t
<br /> — — In the evesit ot s tota�tskittg o!tha Fmpers�i.�P��!be spplied to the sume axund by thia.Security _ .__
<br /> - ' Im�trumen�Mhether or mttixn due,Mithaay e�pid,w Borro�rer�Ia the�eveat of a putiv tsicin�ot the Property in --
<br />_-= xhich the fdt muket vslue.oi ttk groperty immediauly before the t�Jtin�ia eqwl to or�raut t�n the amount of the __
<br /> ��^ � _lsums xc�red by tbis Security Instr�ment immedistely befote the taYia�,onle�Boi�ro�rer and Lender othenvise a�ee � �
<br /> _ i�:�a+pein�,the avms seciued bp thia Savrity Instruma�t st�ll be nduoed by tha amount of the pr+a�eeds multiplied by
<br /> —�be�t;atoxm�fractiop:(a)t�e tatal amourrt of the sums savr�ed iminodi�uly ixfore the taking.�vidtd by(b)tbe fur
<br />-= markct v�lue of the Property immediatety bcfoe+e tha talcing.Any bal�uce shsll be paid to Horrower. In the�vent ot a _--
<br />_'._. prtial taking ot the Prnperty in�vtucb ttx fiir maricet vatue ot the Pcupecty immediatzly betore the taking is,Ez�a�a
<br />� the amount of the sums sxtired immediately before tt►e takiag.unless Honawet and Lenda otherwise agrce'in writing �.�._—
<br /> or vates9�pplipble law otherwisc provicies„ the ptoceeds sha11 be appliod to the sums secuted by this Security �.-__=.__--_—
<br />- Iastramen�rvhether or not the s�ms are tlien doa � -'5J,,�,��-=.-
<br /> If the Property is abandonod by BornaKa.or if,after irotics by L.eader to Sotrower that the condemnor oHets to =_..,.:�:_
<br /> ro
<br /> ':'�'` :—
<br /> � mske an a�vatd ot settle s claim for dsmagrs,Borrower fails to respond to L.ender Within 30 dsys afur the date the -;_�r;--
<br /> f_ aotioe is given:Lender ia authorized�o ooltect and appty the prncead.s,at its optiun,either to lrstorattoa or repair of the -z..��: `,_
<br /> - - Pcoperty or to tfie sums sxvred by this Sxurity In�trument,whather or not then due . �� `
<br /> �,� ,: `.::-_
<br /> Unle�Lendec aad Botroxer otherwise s�rx in Writing,any appiication oi pcoceods w ptiacip�l siull not extend or = _i�
<br /> postpone the due date ot the moatl�lY psYments reierted to in paragr�phs 1 and 2 or chas�ge the amaunt of snch. �'`���
<br /> � PsYraeata � - .�. ..� .=
<br /> 11. Bo�rower Not Rele�aed;l�orbearance By Lender Not a Waiver.$rtension of the time for psymcnt or �?��
<br /> �,:��:.:;;�ti;_: modification of amortiz�tion of the suma secured by this Security Instrument ganted by Lender to any succe�or in �� ` ' ��.
<br /> .:-�-.- �' ' intetest ot Bocrower sinll not opet�te.to retease the lisbility of the original Bortuwer or Bonowers succc�ors in � 'i 'r ��.:�
<br /> .�`�����'P' ` intere.st,.Lender shall not be requircd to commencx pror,eedings against any successor in inunst or i+efuse to estend .. . "'�
<br /> ��.._.`-_. .:..¢�-
<br /> -.�::'�: -�� �� tinne for payment or ot1►ecwise modify smortizatian ot the sums sxured by this Security Instrument by reason of anr: ,. . ;�
<br /> : �i-��`�:. .s �'` demaad msde by the original Bortuwer or Borrower's su�ors in interest.Any forbearance by Lender in esercising � ` � '�. �=`
<br /> .�r.• :,:.. : .�.:�. � �. ':�. •h.; .
<br /> � -• any right or remedy shall not be a icaiver of or proclude the exercise of any right or remedy. •
<br /> +� �� �. 12.Socceasora snd Asai�ns'BounB;Joiat and Sevenl Lisbility;Co-si�ners.The covenants and agzeements ,'';"�`r �
<br /> ' �'�'-�-�"�'r ` " � ot this Socurity Ins�rumeat shall bind and b�efit the s�xrces9ors snd a�signs ot Lender and Borrower,subject�o tha �.. ' ' �`
<br /> �:T ,_ . - . . r,� . J�.... •.: ` a.
<br /> ' ��Y`� provisions of par�r.�ph 17.Borrower's core�,=�.*s and agreements shall be joint and severel.Any�c*rower who w signs f�'��• ,_'•+:I�.,�
<br /> , �;' ;:�_�..� _ � - ; this Socurity Instcir�nent but does not ese�::V z3�e Note: (a) ia co-signir�this Security Instrutn�;z only to:�urtgsge.., . ( ..� .� - _
<br /> �.+," ', ` � -r,� ��Y�iS ltQL t .;.,., �-�:
<br /> � grant and convey t1,at Borrower a inurest in the Propc�¢S under the urms of.this Socurity Instrumenfi . �. ; � G,;;
<br /> . _ `. ',�'�;:`.; � persca�;y obtigated to pay the"sums secured by this S�rity Insttument;and (c).a�ees that Lender anc�r�;ottier .r:,,'''�
<br /> - - -;-:'r� :��t`�:�•r�..;;;.�t. ., �� � :
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<br /> � ::;;;y�,;;'�'.,��.`•• � BorroRer msy agcee to esten d�n a di fi�.for b e a s or ma ke any accomrno�ations wi t h tegar d t o t he t e r ms o f t hi s S e c w r i t y . ; �..,..(�;_��:;,;
<br /> " , � . Instrument or th��ote without that HorcoRer's consent. ' � � `"
<br /> ; �"` . , 1;, Losn CQ:iSes.H the toan secured b}•this Security lnstrum�tis subje�t to a law which sets maximum loan !' ',
<br /> - . . •�;,�; �� charges. and.that law is finally interpreted so that the intecest or otlier loan charges collected or to be coltected in • ;°'_ ., -- _ �,t
<br /> , ' •:�,'<< connection with the loan escced the petmitted limits,then: (a) any such loan charge shall be reduced by the amount '��^��-�,'�
<br /> s�;:iprr.:'� ;'"'.�, ;-.;:;;�1�t-�.,
<br />_ yE�,' ','':•,�;:;.� ..:, necessary to raluce the charge to the permitted limit; and (b) any sums alreadS collected irom Borraaer which �;..�::.
<br /> [ ' ;:�;;;.,,:��,.
<br /> � escealed itteil�limits will be refunded to Borrower. Lender ma chaose to make this refund b reducin the �'�<� ���•
<br /> '� . • 1�5�1 , �� Y Y g ( : ,,.,:�5,,,:
<br /> �� + ` nci 1 owed under the Nou or b makin a direct yment to Borrowet.If a refund reduces r�nci the rtdnction :��;;, �''--
<br /> Pri Pa Y S Pa P � P�� i .���,�;
<br /> � ` ' `�' � will be treated as a rtial ment withoutan re mentchar e u�^1rr the Note. __ �;;;��•t'
<br /> - . . .. n Pe P�Y Y P PaY S ,:,;!y::-:
<br /> � •�� ' . ' 14.Notices.My notice to Borrower provided for in this Securir�t�strumentshall be gicer:3y detirering it or by • � . � �.�s:�.•
<br /> . . �'•!.';�a/'.:
<br /> ,.:' ' , •` t' • � mailing it by�irst class mail un2ess applicable taw requires u5e of another method.The notice shal}be dise�d.to the : �'"��-�:;;r�"
<br /> ;- �� �'� ,`"'�• Pro Address or an ather address Borrower des� tes b notice tm Lender.Any notice to Lender shall be given b � ''`-`'�� .
<br /> .k.,.: i ,,.�:, P�Y Y 8� Y _ Y ;��,�;,..
<br /> • ' .�. :; ::.'''._F��;s;; , tirst class mail to I.ender's address stated herein ar any othec addr�ss Lender designates by r�o�::e to Borrower.Any
<br /> ,_ � ;;;ti:;;.;.,;.t.�. . " notice provided for in this Security Instrument shall ba deemed to ha�e been given to Borro�ec c�:�I.ender when given __ ,�.
<br /> �•'� � +�.'t+`�r.' '�'- ss provided in this P��Ph• '
<br /> ",.,?r',��.t�.{}'" 13.Governin=LsW;Sever�bility.This Security Instrument shaii be governed by federal law and the�aw of the , �:��ii
<br /> :,.+,te); : �'�.�;,.; '�,•
<br /> � ' jurisdiction in whicb the Property is locatod.ln the event that any ptovision or clause of this Seet:tity Instrument or the ; ,,. �_
<br /> . �'�,'� �. ,� Note oonflicts with applicable taw,such conf tict shall irot affect other provisions af this Securi�C�.strument or the Note • , �
<br />; ~. �:.i. which can be gi�ea effect without the conflicsing provision.To this end the provisions of this Se�urity lnstrument and , '_
<br /> �"`' '' the Note are declared to be severabte. � - • �
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