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<br /> � p,�ymencs may no lonyer be roquirod.�t the op►ian of LenJor.it mori�a�a Inwronca covcM�e(in the amount wnd foi'�►he period
<br /> tlt�I�ender reqnir�x)provlded by mt inwra�pproved by I.atNM�ydn becoma avdl�ble and!s abtained. Borrowerl�boll paiy
<br /> Qsa prm»iums required to maintain mort��a inwrmoe fn e(�ect,ar lo provfde�low ro�erve.uotil the raquircment for mort�+�e
<br /> iasunu�co endn in Aa�aidnnce with ony wdtton a�roemeiu balwam&►rwwer snd L�ender ar opplicable IAw. '
<br /> — 9. ia�pectloa. I.endcr or its a�mt rr�y moke re�rarua+lo auria upan�nd inrpoctions of tho Property.L,endar ahall�ive
<br /> Harrower notica at tho time of or prior to pn inxpection opoclfyln�naconabic cau�o fbr tho inapection.
<br /> �p. ConOewpatlop. The proroedr of�ny�wud or clWm for d�cA. dlroct or consequentiW. in conncctlon with any
<br /> __.�--------�--------�1 condemnetion o�aher ulcing of�ny parl of Ihe FhqKAy,or for cnnveywx�e M liou of conde�on.ara hereby assi�nCd and �
<br /> slWl bo p�id w I.ender.
<br /> - - - 1n the ovent of e total lokin�af tlte Property,tho procao�dx rhall bo wpplied w the oums sxural by thia Serurity Inscrument,
<br /> � " whether or not thcn due, wilh any oxcesr pafd to Borrower. In the evont of A parti�l wking af the PropeRy in which the fair
<br /> � -�� marlcet v�lue of tho Property immodiately bcforc the takina ix oqu�l to or grca�er thon the amount of the sutns secured by this
<br />"�— __ Secudty lnatrument immediately before the taking,unlewi&►rrawer and I.ende�athenvise Agroe in writing.the sums secured by _
<br /> - -. - - this Sxudty Inatrument shall ba roduced by the anwunt of thc proceals tttahipliod by the Pollowing fracdon: (a) the tatal �
<br /> � � s�riount of thc sum:secured immodiwely bcforc the takin�. divided by lhl tho fair market velue of the Prc�perty immedialoly
<br /> _=-=�°%��j before the takfng. Any balw�ce shall be pafd to Borrower. In tho eveM�P p portiul lakin�of the Property in which the falr
<br /> ---- market v�lue of tho Property immodiately bcfare Ihe takin�ia less Ilwn thc Amaunt of the auma secured immediately before the
<br />--- — taking, unl�s Borrower and Lender othenvise agree in wviting ar unlcrs appNcwble Iqw othenvice provides.the praceeds ohall .
<br /> - be applied to the sums secured by thia Secu�ity Inatrument whether o�oot the sumx are then due. "'-
<br /> `� If tho Pmperry iR abandoned by Borrowcr.or iF.efter notiee by Lcixicr tu Bc�rmwcr that the rnndemnor offera ta make an _=_
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<br /> awrud or settle a claim for dameges. Borrowcr fails ta rcRpotul ta L.cnder wi�hin 30 dnys after the date tfx nntioe is given, _
<br /> '�-- L,ender is puthor�zed to rnllect and apply the proceedx,ut its opifon,either ta reataratian or repair of thc Property or ta the sums ---
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<br /> - �_,I. , serured by this Security Inatn�ment,whether ar not then duc. -
<br /> URlesa I.ender end Borrower otherwiae agree in wrfting, uny upplicution nf praceeds to prfncipal shall not extend or ____.
<br /> postpone the due dete of the monthly payments refened to in pun�gaph.r I und 2 ur chanQe�he amcwnt of such payments. =w•'
<br /> Il.Borruwer Not Released=ForbeArnnce Ry I.ender Not w Walver. Falension af the time for pnyment or modiflcation
<br /> of amortizatfon of the sums secured by thia Security Inslrument gron��1 hy l.cnJer to any succcxcur in interest of Borrawer shall _
<br /> not operate to release the liubility of the original&►rrower or&►rrowcr'x Kurtiw�ui�x in intercxt. Lender shall nat be required to --.
<br />= commence praceedings ugainst any successor in intere�t or refurK:ta ezlend tin�c fi►r puym:nt��t otherwixe modify amortiration -
<br /> of Iho sum.c secured by this Securlty Instrnment hy roaW�n of uny denwrxl muJe by the orfginal Bormwer or 8orrower's R M�
<br />: �:�� successors in interest. Any forbcarancc by Lender in exercfain�uny rf{�h�or remedy Khull ncN l�e u wuiver of or preclude the �f��
<br /> -' axorcisc of any right ar�remed ���:
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<br /> �� �+�-' '�L 1�. S u c c e s s ors �n d As.i Qna Bound;Joint pnd Several Llpbilil y: Co-�l pne�x. Thc cuvenunl, uiul agreements of this -_-
<br /> '"�a"x: ' Securit lnstrument shall biod nnd benefit the +uccerwrra und u�xign+ uf L.�:nder u�kl &►rrower, xubject lo the provisions of -"'
<br /> ,'•=..�;,.'� b.;; � . ��. y �
<br /> , . ., • � paragruph 17. Bonower's cuvenants and agreenxnts �hull t+c jufnt aiul kverul. Any &xn�wer whu cu-.rigns this Security s"""
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<br /> ,�, •,� Inatrument but does nnt execute the Nnte: (u) is cn-r�igning thiti Security Intiwmem only w monguge, grunt urni convey that
<br /> " �,�.,,.,„� : �r �°i�� Hc�rrawer's intcrest in the Property under the terma of thiw Sccurity Imlrumrnt;lb►i�not {xrw►nolly ubliguted to pny the sums �.
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<br /> r�j � , secured by this Security Instrument;und(c)ogrec+�hat l.cixirr und uny oth�r t�►rrowrr mny ugnw t�►cr�ci�l. m�xlify, forbebr or
<br /> !� , make any accommodatians wi�h reg�ni to thc t�rmti af this Scruriry In.�rw�km ur thr N�ilc wi11H►m�hut Fiorr��wcr'x c�msent.
<br /> '.,;'��'.�"�s.`"�,.��.;.�••'' 13.I.uan Cflar�es. If ihe lo;�n�ecurecl by�his Sccuri�y In+trurocnt i��uhJect to u luw whirh�et�muximum IoUn charges. �,:;-
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<br /> .3� w =�•�r,a�� and that luw is�nully intcrpret��l so thu� thc intcrest or rnhcr lu:�n rhurg�. rollcctrd��r��►hr rullcctcd in c�mn��tiun with thc
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<br /> -' ,'��;�..• loan exceed the permided limits,then: (u)uny .ucb li�un rhurgc shull t►�rcduccd hy thr unu�unt nrrr��ury t.i reducc ih�churge _
<br />„- w•�� ,�;.,.� : '� ta Ihe permitted limir und (b)any xuma ulreudy coUected from Borrowcr which�xr��JeJ �xrmiucJ Ihnh� will lx rcfunded to _
<br />• •' ��°` •``'''"'�•' ' Borrower. Lender may �honse �o muke thi. refund by ralurin� the ���������i ow•cd unJer Ihc Natc �tt hy muking u direct -
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<br /> �, r�,:.. .,,,: ,+;� , .. payment to &►rrowcr. If u refund reduces prinripul, tlk reJurtion will tx �rcated a� u puniul prcpirymcn� with�wt any o_�__
<br /> .� x��,��'� :_,,.-.,� prepaytncnt churge under thc NcN�. -�-
<br /> ,.�v-�� .'' ;1" - 14.Natices.Any no�ice to Borrowcr pn�vid.�i liir in�hiti Srrurity lo,trunxm.hull Ix�:ivcn hy.lclf�•rring it ur by mailing ��'-
<br /> '`'�." ; �';'��""` it by first cla.�.s mail unlctix upplicublc luw rcyuirr.usc��t'unuthcr mcduxl.Thc nntirc�hull Ix dir�rl�J lu�hc Pr�►�xhy Address r�,;
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<br /> •••i«'�e, � • or an ather a�IJress Borrower dr�i nut�+ h n��tire to IAnJer. An nn�icr a� l.cndrr .hull he iven b lir�t cluss muil to
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<br /> ' �� a���,.:�,. ,. .'� • l.ender's address s�nted herein or uny othcr udJrc+s l.endcr dc+i�;n•rtr,by nutir� �a Fi�►rruw•er. Any nntirr pruvid�til titt in this �'•
<br /> �` `":i+��' � �• �'�' Secudty Instrument shAll bc decmed to huvc bcui givrn ti�Barrowrr iir I.cixicr whcn givrn u+pruviJcJ in Ihi.purogruph. _
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<br /> ����;�w•, ,.:, 13.Governlnq l,aw; Severabllity. This Security In�trument shull F+c guvrrn��l hy I�•d�rul luw aikl dk luw of the
<br /> -- . . . jurisdiction in whkh the Property is Icxuted. In thc event�hut any provihk+n ur cluu,r ul'Ihi.Scruri�y lo,lnunrnl ur Il�r Note �"
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<br /> =� :li�`;: �'�; con0icts with upplicuble luw.such conflict sBall n�n uffect�nher pruvisi��n���I'�hi+ticruri�y li�,tr�unent ur�b��Nu1r whinc�un be L
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<br /> � ",�;_,;�tF�;.i;�.w� givcn efiect without the cnnflicting pmvi.r•i�m. 7'o this cnd thc pm��ixionx ol'thi�tirruri�y Im�runku� :�i�,l�I�e No�c urc declured
<br /> �,�.�;,;;�c�,.,�.N• s to be sCVerAblp. -
<br /> .��..' 16.Borrower's Copy.Barrawer shall bc given one confnrmcJ capy al'tix I�utr und ni�hi�tiecuri�y Inurunknt. -�
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