. `��,*s - .� ," . � �
<br /> ` --- ,. :' ;:�. -_ - . , • - - — __ -
<br /> s._,�.. , . � . .c�opd«��t�a«. ;i �on����� 4�n��.mamt.�a fa�e�oa s�.i t�eoaer r�u;ro,)�.iO
<br /> � peovided by an i�urer�pprovad b9 L,endec spir�Ueoomes avsilable and ia obt�med.Hocro�rer t�tll pY tha peemiw�s �
<br /> � reqoirai to munt#in nwrtpge inwrance iece�fect.or t4 pmvide a loes re�lerve, until the reqarecaent!ar�nortp�e �
<br /> ��uiance ends in sccord.nce�vith iny�rritie�i sgre���nt betxeen Borcowa and l�ider or appiicabt�Ia�v. '� �
<br /> . 9.Inspectioa Lender or its a�ent msy mafe�asonsbte entriee upan arW iqspections oi thc Praperty.Lea.Ser etWt , �
<br /> . ��ive Hon�o�rer noda as the time ot or.p�ioe ta a�inspection apxi#ying rea9oesWa puee forthe iflApe�a+sn: ,� • �
<br /> , • 10: Condemnation.The proceede of any axard or claim for dima�ea.d'ire�t or conqeq�enti�l,in connee�ion pitb �
<br /> � ' sny aonckmnatian or otl�ec t�ciny of sny p�rt o!the Pmperty.or for vonyeyanoe in lieu of ooAdemnstion,a�a ha�eby ; �
<br /> arw'�ne�and ah�ll be paid to L'endec. . .. ' ,�._
<br /> In tbe event of i total tatting oi ihaProgerty.tl�e proceeds s[�alf be apptied to the suins eecurod by this Sec�uity
<br /> 'Insttument;wh�ther or not then due.with stiy��pid to 8o�ruwer.In th�event ot s pirti�l talciti�of the F'roperty ia •
<br /> ' �rhicfi'the fair inarket vdue o!the Property immodiately�eton tha tatcin�is oqusl to or Yraur tims tLe unow►t o!tbe ' —
<br />.� sum$aecurod by this Security Instrumeat iminodiately b�fQre the tatcin unless Botrower aad Lender other�vise a�nee
<br /> m
<br /> � in xritin�,tt�suma secured by this 3xurity ingtrumem shail be rad by t!�amovat of the pmcads muidpiied by ° _
<br /> the folloxing fraction:(a)the totsl amoum ot the sums s�ecured immediatelp before the tai4ia�,divic�ed by(b)the[air
<br /> muket value of the Property immediauly before the taking.Any b�iaacx shtll be paid to BorcoNer.in tbe event of a
<br /> " p�ttial takitig of the Property in which�the fsit�narket value of th�Property immediaulq beiore tha taking is tees th�n =_
<br /> _- the smount of the sums secured immedi�uly before the talting,unless Borrawer and Lenckr o�thenvIse a�t+ee in Mriting
<br />= or untess applicable taa otherwise ptovides. the proceeda shsU be applied w the sttms exuted by this Securitq =-
<br /> Instcvment wh�ther or not the sums are than due. ---=
<br /> .�k 'I!tt►e Prb �s abandoned b Borrower.or if,after notice b Lendet to Botcower thst the coaden►nor otfas to� {-�:�
<br /> _ P�� Y Y ��-�_
<br /> -_ �'maic�#n award or settle a claim for dam�gea, Bonower fails to rrspond w Lender wit�tim:30 diyi�.aftec tbs dsu tt� _7__-
<br />=_ ." ;.�qtiee is pivan,Lender is authorized to collect and aPp1Y tlte proceEd�at its opt�oA,eithestr:t+osWratrna or repair ot tha : ,x.��,
<br /> +�i'im,perty or:to the sums socured by this Security Insorument.�hether or not then due. � ':� �, _,'�_
<br /> - ' '� Unlesa Lender and Boiroaer otherwise agee,in i�ritinS,any aPplication of�aiti�ceeds to'principl sh=i1 not ertend oc � �` �-:_-
<br /> ` — _ � :��.�.pbstpone�the due date of't}je monthlY paYmcnts�errod to in ptragraphs l and 2 ar changa the smount of such �,��'� �3..
<br /> � � ��yments. . , ` , � .-..; _ , �
<br /> < �; .
<br /> �� � � � 1 1. Bc►trower A tot Re lease d; For b e arance By L en der i��4xt s Waiver. Extensio�i o f t he time tor pymen#or, �
<br /> �hudiCcat;onbi amortization of the sums secured by this Seaar��:tnstrument graated by:Lender to any succeseor in;, '�� �-
<br />'"y� � • 9 _
<br /> �. ...;K.y_� .':;iaterest ot Bonowec�hall not operate to release the liabili��ci�'ihe original Borrower or Borrower's s��ccesso�a-iri�` . �-'-,:-���-''_—
<br /> ' '' '`"�" � ';:::.i�ittrest Lender shall not be required to commence proceedir!�;�against any successor ia intcnst or refuse to ertend . r
<br /> r'�=`y::+•.'-`.
<br /> y a,.» - •� "�uiie,tor•payYneqt or otherwise modify amortization of the sustrs secured by this Socurity Instrument by�+easan pt aay � t '•,` `.. z
<br /> �`"� ' �i l e�ian�m a de by t he origina l B orroa',`er or B orrower's succes�as,in in t e r e s t,.My for b e a r a nce by L e n d e r in ezetcising -
<br />_ r.,,�r.� �;� .
<br /> _�� �`i.. . ': 'aa n t of�r�rnedy shall not be a waiver of.or eclude the exercise of an n t or rem � • : � � � � "— —
<br /> �� ' ;_�� ..._._ � �. � Y 's�► �=. �: . _
<br /> ���''-{=i.�.�-` '� � 1�St�es'sors snd Assi�ns Bouad:]aint md Sevenl Liability;Co-si=aers:The covepas�ts and sgeements ,:r- ����`, ,
<br /> . � �..�.:h �:�: S,;.s:' -= ��
<br /> . `:��?=A:;�;'._, . of thia Security Instniment shaU bind aad ben�t the successors and as.aigns ot Lender'and Borrower,subject to the (y�';1x�"�f r::
<br /> �a�' : . ' , provisios�of paragraph 17.Borrower's covenantsa�d agreements shall be jointactd several.Any Borrower who co signs ;��'!;!:�t '-:- '--
<br /> _ "� �u`*�-`` . this Secucity I�tstrument but.dces nqt esecute the 4�ot� (a)is co-si n this�ecuri Instrument onl to mo �;:.�`F4;tc';�"�"
<br /> .`.�i,:?��,;�.� j':e� grant and canvey that$orracver's intesest in the Property under tha te ms ot this Security lnstrumen� (b)i�n�t � ��i�r�'.., .-__
<br /> C. Tl �Z.:t � � ..f�,x�,li.,� 'l'..-__
<br />`, - -�=��:,";;:`••_::_;;,,-�r: petsottally oU3igated ta pap the sums sec�rec! by this Security Instrument;and (c) agrees that Lender and any o�►er ..+� _
<br /> "�,:�•' • ,' .�'� Borrower may agree w extend,modify,forbear or make any accommadations with regard to the urms oi this Securitq, <<�,;�'•�� -t��
<br /> '�i;' ' Instrumentor the Note ivithout that$ortower's conse�►t. `tf':''`- `'�'
<br /> .f�" '��'�• '13. Loan Charges.If thn luan secured by tf�is Security Insttument is subject to a law which sets masimum loan � � ;�•�-
<br /> �-•:r.•..�... , _ . _
<br /> ' �"�.. .. • '' charges, and that law is finally intecpreted so that ihe interest ar other loan chatges collected or to be coUected in �� "--�""�� ���� •• "
<br /> .�: ����:•="'``°"•.i�.e:• connection with the loan excrxd tiie permitted limits,then: (a)any such loan charge shall be reduced by the amount } ' •��*��w
<br /> �� ' ,=� nxessar to r�duce the char e to the rmitted limit; and b an sums atresd caltected from Barrowec ahich ' ���
<br /> �`'�„;., ... � : ,��,. Y g Pe � I Y Y f , ti.
<br /> � �,���^:.: : ._. exceoded permitted limits �vill be refunded to Barrocver. Lender may choose to make this refund by teducing the E;,�.t,:,• i: =
<br /> �' �� principat owod under the Note or by making a direct payment to Hocrower.If a refund reduces principal,the reduction .. _
<br /> ` ` will be treatxd as a partia)prepayment without any prepayment charge under the 14ote. ` �r: �`-'_. �� �: '
<br /> �`''�' ` '"`' 14. Notices,any notice ta Horrower rovided for in this Securit Instrument shall be ven 6 deliverin �t or� � . - :;;:`.
<br />°'.:'. ..�`'.�s•�;%.',.�'r`'.�.f,�'rr�.';:i P Y S� Y 8� '�• ��
<br /> ,�: >>i��`•�� 1 `j'�-
<br /> i�F!,�;,�,:,••:r.t. . mai ling i t b y firs t c lass mai l un l r s s a p p lica b te la w req ui res u s e o f a n o t he r me t h o d.T h e n a ti c e s h a l l b e d i r e c t e d t o�' , :� ; , ;,�,�,.,
<br /> ` -� +'••;�}7:t,��-,5' Property Addre�s or any�►ther address Hi,rroaer designates by r.fltice to l.ender.Any notice to Lender shall ba give�t by t ''1"-'
<br /> r;:'.`•. •-.;
<br /> � '°r1•�;=;'' �rst clasa mail tu lxnder's addrr.ss stated herein or any other address Lender designates by notire to Borrower.Any. � �.� . :_���:
<br /> -•;�;,:.'��`. �otice providdd fur in this Security Instrument s�Il be deemed ta have been given to Borrower or Le�tder when giveir - -�-
<br /> •. :;....`� `=� . as psovided in this paragraph. ' • ` ' -
<br />—�'� � IS. GoverniaY L�w:Se�•erability.This Security tnstrumentshail be governed by federal law and the law otthe�.- � � � `�'��',
<br /> _ jurisdiction in which the Yr�rperty is located.ln the event that aqy provision or clau,e of this Security Irtstrument ort_�to::�'� i • ' . •���,:.
<br /> -- .����`"'�' � Note oonfltets with applicable taw.such wntlict shati not affect other provisions of this Security Instrument or the�v'ots �R� `�� •_�' � `-
<br /> which can be ven effect�vithout the conflictin rovision.T�this end t1►e rovisions of this Secusit Instrument and `�'�� ` `��
<br /> �..,:,,;• ' • P� 8 P P Y �, .,::.;, . : _: -
<br /> ��`.�"•��� the Note are declared to be severable. ��t �'` -
<br /> _ ,,,y, }�" • - -.
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