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<br /> � p�ysieea ma�,ao�loa�et be ipq�irea.��t tbe aption of Imder.if ma�t��I�oe oo��raa�e#�ada fot�ie pet;oa
<br /> .� �.c l.s.rfQ ieq�np.)p�►�ded br#r►iaa�r�pp�ared�jr I:maa apin ba,o�ua xrr'i�bie�ea�abtaioed.Ho�er�hu p�. .� � .
<br /> ` . - t6e Pre�as neq�ired�o m�ie�taia mataa�e i�raooe in elrect,a to pra�vlde a lod eraeive.um7 tl�:oQii�c tor nio�tp�e
<br /> `imu�anue eads in a000ed�toe aid�any�riitlai a�teem�ert betw+eea Boet�ner md Lelldet a applic�ble isrr. . :
<br /> �:-_-3:1i�eelia�.t.e�er as its�may m�ice�sa�le eNSie��pm��caa�of tbe Property:Lendir.s!�givc -
<br /> Ham�rer nntia�t�e tirtre of ar prfor to ae iuspectioa specifyhg iea�aa�i�ie c�a�c fot d�e impection. �
<br /> li.C,a�ie�tiM.TI�P'ac'eods o�'arry aw�s�d'or d�im for dam�as,di�cct or t�equeat�t, in ooaoeceon with aay .
<br /> � oo�d�an ar a@�d tatri�-of iny put of`tt�Pmgecty.`t�s f�conrry�m i'iea of oo�o�tion.m f�caby aasisaed aM -
<br /> . ah�U De p�id ta I.ender. � ' .
<br /> --� in�he evaK af a mai.adQeg of dic Propeity,i�he pro�c�eds slu�ti be;appiiod w tLt sn�seaut�d�y t�s Scca�itir I�Ec .-
<br /> � w�hq6er ornot thea due, with any exoess paid w 8amwec. In tbe evene of a putial tal�ing of'the Property in w6ich tl�e tair�
<br /> a�Yet value of ine Fmpeny immedLte�Y 6efae tl�taldn8 is eq�ttl w os p+e+rter thm tbe�nonnt of the swm sxure�by this; . •
<br /> Saurity I�Wment imanedi�tety befoie tbe�,nnkss Horroaa and L�der otherwise agcrt in wrItir�g,the sum9 savned 6y .
<br /> t6i�Seauity l�tn�mairai�ll 6e�duad by the amouat af tbe prooeeds�ipliod bY the followina fraction: (a):tbe to�al �
<br /> amount of tbe suau savi�+ed immed'utely before the talcing,divided by.(b)tl�e fiir m�rket valaa of the P�operty immodi�tdy ,
<br /> � 6dore dre nking. My b�lance shail be peid to Bomower. In tLe event of a pRrti�l taking of tbe Propaty in which the fair.
<br /> mtrEet v�tae of tLe P�q�erty immediate[y btfae the taldng is less tl�n the m�ount of the sums sxa�od inunadi�iy befae tht
<br /> tahing,unleas Bortower am Irende�otherwis�agra in writing,or uNess appTicable law otbctwis�provides.the pioceods sh�ll
<br /> ' be�pptiod w tLe�swns socatad by this Socuriey Inutumrnt whdher or not the sums at�e thea due.
<br /> If the•Ft+ope�ty is abandoneQ 6y Bnmuwer,or if.after mtia by I.eader tu Burmwer tl�t the oo�Wtuqnor oi�ers to matce aa
<br /> awud or settk a claim Por damagts.Bomnwer fails to respad to I�nder witbin 30 days af[er We date the notice is given,
<br /> t,eader is siathoriaed to oollxt aad appty the prooeals,at its_opt4on,either to rato�ation or t+epair of tha Pmpe�tg or to ihe smns
<br /> securod ly this Saarity Insuument.wfktber ar not tl�rn doe. , ` . `
<br /> . Unless I.ender a�d Borrovrer otGecwisa agnee in iwritiag, any applicaaon of pmcdeds w principal stnq not eata�d or .
<br /> . postpone the due date of tl�c awnthty paymeats refernd w in paragraphs 1 and 2 or change the amouat of sudt payments.
<br /> ll.Bott+uwer Nat Rda�sed;Forba�rnnoe By IROder Not�Walver.Extension of the tima for paycoeut or modifcption
<br /> of arrortiration of tt�e sums secund by this Sowrity Instrument grantsd 6y Lender w any successor in interest of Bormwer shaU
<br /> not operate to release the lia6iliry of the originat Borruwer or Borrower's succecsocs in imerest.Lender shall not be t+eqaired to '
<br /> cortunenoe prnoeadiags against any successor in intenst oi refuse m extend ame for payment or ottierwise modify amordzation
<br /> of the sams secural by this Security iUutrument by trason of any demand.made by the ariginal Borrowei or Bomower's
<br /> � suc�essors in interest. My forbearana by L.ender io exercising any right or remedy shall not be a waiver oi or preciude the ,. � _
<br /> .._ _ -_•° �'"- exercise of anyrright or ieme�iy. - . - .
<br /> 12.SQOeessa�s aod A�igns Boond;Jotnt aad Sereral Lisilx'lity;Co-signers. The ca�enants and agreements of this —
<br /> Socority Inurument shall bind and 6eoetit the successors and assigns af l.ender and Bomacwr�s: subject to the pravisions of
<br /> -` � patagraph 19. Borrower's covenants and agreements shall be joint.and several. Any•Borro�er q�ho co-signs this 5ecurity
<br /> --- Insuumcnt bat does twt esecate the Nate:(a)is co-signing this Security Instrmmem only to mortgage.grant and convey that
<br /> Borrower's interest in the Property under the terms of this Security Instrument;(b)is not personalty obligated to pay the suins - --
<br /> -- -_-= suvred 6.�das Security Instrument:and(c)asrees that L.ender aad any other Borrower may agree to extend.modify.forbear or �__
<br /> make any�aoommodations with regard to the tem�s of this Securi:t}Iaslrumcnt or the Note without that Borrower's consent. ' �ti
<br /> . YL,Tw1"�:MfY
<br /> 13.Loan Chargts.lf the laan secnred by this Security Instrainent is subject to a law which seGs maximum loan charges. ��r,����-
<br /> , and that law is finally Interpreted so that the interest or ather laan charges eoltected or to 6e collected in cannection with the •=•x:�°�.
<br /> ��:
<br /> loan exceed the per.nitted limits.then: (a)any such loan charge shall be roduc�d by the amount necessary to reduce the charge -;�;�,,_
<br /> — --= to the permitted limit:and(b)any snms alreaGy caltected from Borrower which exceeded per�a:,tted timiu wiU be refunded to - " �^"=�:`'
<br /> �.;+;;",�=--.
<br /> -=�; Boaower. Lender may choose to make this refund by reducing the principal owed under tLi Note or by making a direct -
<br /> _ '. �,�,.
<br /> payment to Borrower. If a r+eWnd reduces principal, the rcduction will be trpted as a Y:rtial preRa�ment without a»y . .
<br /> ¢repayment charge under the Note. ��;;:°.
<br /> l4.Notkes.Any notice to Borrower provided for in this Security lnstniment shatl be given by deliven:g it or by mailing � � -� "
<br /> �"`-`3'�'`� �it by.first class mail unless applicable.L•;w•r.equires use of anothec�^iethod.The notice shall be directed to the Property Address � ,;•,.,;.•:
<br /> __=��� � .,��:_
<br /> _____ -- or any vtiier address Barrawer desi��=s by notice to l.endec. �i.Hy noticc m Lendcr.tihall be�iven by� first cla.ss rraii to
<br /> __±_-'•�� Lcnder s•;�i�+!ress st�ted herein or any other address Lender desi�r:.t:�by noticc to Bormwer. Any notice provided for i»this �`�''�`"-=
<br /> -_-� Security IpstTUment sttaJaJi 4�e deemed to have been given to Borrowcr or Le+r,�:r v�t,�n given ac provided in this paragraph. � �:�x:
<br /> - _��� 15.Governing t,aw; Severability. This Security Instrument shall 6e c����emcd by fcderal !aw and the law of the ,. . .
<br /> �:'.:�;;� jurisdiction in which the Pcnperty is located. In the event that any provision or ciause of this Security InstrumeM or the Nate � '
<br /> �:;;;,;j`w; . +�onflicts with applicable law.such oonftict chall not affect other pmvisions of this$ecurity ln�trument ar the Nate whicb cun be � .� �
<br /> ��-��+;v''7 given effect without the confliciins provision. To this cnd the provisions of this Security In�trsment and the Nate are declared _ .
<br /> �°=�._. ' 'to be severable. ' . .
<br /> 16.Boerower's Copy.Borrower shaU be given one u+nformed copy uP thc Nate and of thit Secw:it}�I'rsirument. ' '
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