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<br /> _.._ - - Payments may no langer bo requit+ed,m t#��aptlon of Gcnder.if mortgegc��nce eAVernge li���'df���fae tl�c period
<br /> ---- that l.ender rcqulres)provided by an insurcr a�pmveA by Y.ender ag�in t�ecotn�o availablo and is obiaiaod.lio�rowcr�t►xi�p�y
<br /> -- - the premiums rcquired to m.aintnin mangage insumnce in effect,ar to pravido a loss rescrvo,until the r�ui��mcnt f�:mangaga
<br /> -'"'1"'°�""-�� insumnca ends in uceoidancC with nny written u�reement betwe�rz 8orrower an�i[xnder Qr tippiicuoi�tc�w. —
<br /> '°�'"���� 9.Inepertton. Lender nr its�gent may mnko ceasonable cntetes�pc►n and insp,.ctiona of qic Prop:�9y. Lcndcr ahall giNo
<br /> Borrower nodce ut the tirrtc oY m prior to nn inspection specifying reasonnbla cause for tho inspoctton.
<br /> '°-;-�=�-''�'��'`� 1Q. CondrmnnEl�n. The pmceeds of�ny ewnrd or ctaim for d�ma�es, dirrxt or onns�qutntlnl. in conni;stion with a�iy �
<br /> - —= conQemnution or other taking of any part of the Property,or for wnveyunce in lieu of condemnution.nre hereby ussl�tted aad
<br /> ---;-�-���-� sh�ll be paid to Lender.
<br /> __�_�� Ta ehe event of a tatal takinB of the Property,rhe pmoeeds shall be applied to the suma secured by thie Secudry Insuument, `_
<br /> ��.:�,�:�.-�� � whether or not then due, with any excess putd w Borrower. In the event of A partial takin�af the Property ln which the fuir
<br />'��='�`"r�'� merket value of ths 1Property immedlately befoeYe 4he taking is oqaal to or greuter than the amount of the sums secure�by thia
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<br /> �s�:�_>;_��n'--- Secntity inFtn�ment i�nme�iately before the tz�Cie►�.aeitess Sorrower and Lender otherwise ag�ce in a�ttng,the sums at;cur�d by _ _
<br /> �" ''�A� '� qC�is S�ity Ensteu�ui¢nt shall be neduced fby tlhe aRmQUC�t Qf ckr.e p�s muitiplied by the foUowing frnction: (a) the eotnl
<br /> �`! ����.�'� � ,��..'�,� �rotuunrt of o�ee s�ams see�ernd ienmediae¢iy•Dek'on2¢&e ca�dng,divided by{b)the fair market value of the Property immediately
<br /> : ` befote tt►e tnhiag. l4,aey balance s�rail be pacd eo�nower. Yn aF�E¢vent of a p�artfia➢ta�Ciqg of the Property ln whIch the fair
<br /> . '`�'"``'���.`�''�;tR mnrket value of¢4�e l�ao�rty immediately before aPee taking is tess c➢eaen tFee aartuunt of¢Qee sucns secu�ed immediately before the
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<br /> �;�n,,-,.��'�•4;;` taking. unless brraw�rer and i.ender otherwise�ree in writing or unl¢ss a�pl'ncable law oYhenvise ptrovtdes,the proceeds shaU
<br /> � ,., _ be applied to the sums secured by this Secudty Instne�ent wh¢ther or nat¢C�e saams are tU�en due.
<br /> .. � •'-„^" �� H6 tlte Pruperty is abando�ied by Boreower.or if.aflter e���uoe by L,ender ta Borrotiv�r ehae the conderru�or offers eo matc¢aze �
<br /> :�;.,; , . awar�or settle a claim for damages, Borrower fails to n�s�pond to Lender within 30 days after th¢dae¢ the reatic¢ is given.
<br /> ' ' L.ender is suthorizod to collect and apply the proca�s,at its option,either to restotation or c+epair of¢Cr,e IPt+operiy or to the sums
<br /> , secured by this S�ru�aty Instrument,whether or rtnml then due. ��?
<br /> � •.,,;.j ,., ,a Un(ess L.eader artd Horrower ott�envise ag�ree in writing. any upplication of praoe�ds to principal shall aai extend or
<br /> ; -S postpmcce the due date of the tenflntE�ly payments referred to in paragraphs I and 2 or chan�e the emount of such payments. �_.
<br /> �:••�,�r —
<br /> �::•��,;���� fltl.Borrower N�!13e7e�s��fl;Forbearance By I.ender Not a Waiver.Extension of the time for payment or modification =
<br /> , " ' ,� ., of amortization of ihe sums secured by this Securiry Instrucreent granted by L.ender to any successflr in interest of Borrower shall --
<br /> not operate to r�elea.tic ihe liability of the original Barrower or Borrower's succ�.sors in interest. Lender shal!not be requit�ed to
<br /> rnmmence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amorti�ation
<br /> -����.��� of the sums secured by this Srcurity Instrument by reason of any demand made by the original Borrower or Banower's
<br /> :-�: '= s�:,:.,.�:a:�in irt��i. :ny f�;'ararancc by Lc�dcs ia exorr::;.^.g�rsy right or semal;shs!!not!�a we':ver of�r prrc���d?�h�
<br /> � exercise of any riglhz c:rr iemedy. -
<br /> , 12. �uoressmr� �nd Assigns Bound; Joimt and Severa! I.iabi184��; �Cm-signecs. The covenants and ag�eements of this
<br /> u`' � Security Instrument shall bind and benefit the successors and assigns ug [�:,der and Borrower, subject to the provisions of
<br /> � paragraph 17. Borrower's coverents and agreemenGs shall be joint and several. Any Borrower who casigns t0afis 5ecurity __
<br /> Instn►ment but does not execuce e:�e Note: (a)is co-signing this Security Instrument amly to mortgage.grant and cc�:��ey that .:m.,
<br /> • • � Borrower's interest in the Properz� under tfie ter►ns c�f this Security Instrum�nt;(b)is not personally obligated to pay the sums �,_
<br /> � secured by this Security Instnmienc:aaa f4 t:r;ro:s that I..ender and any otEe�r Borrower may agree to extend,modify,forbear or —_
<br /> �, .. make any aeeommodations with regar�t a�.��hc eeecns of this Secu�ity Instrument or the Note without that Bocrower's consent. �r
<br /> 13. Loan Charges.If the lva:�xL�umd by this Security Instniment is subject to a law which sets maximum loart�charges. ,
<br /> and tlkat iaw is finally interpreted�u that the interest or other loan charges collected or to be collected in conaecti�a� with the
<br /> ' Ioan exceed the permitted limits, then: (A)uny�uch loan churge shatl be reduced by the amount necessary to redure the charge
<br /> to the pe�mitted limit;und tb>any sumx already collected from Bormwer which exceoded permitted limits wiil be refunded to •
<br /> Borrower. I.ender may choose to mske thiti refund by reducing the prinripal owed under the Note or by making a direct �
<br /> payment to Borrower. If a refund reduce� principal. thc reciuction witl bc: tmated as a`partial prepayrnent w�ithout any
<br /> prepayment charge under thc Note.
<br /> �''"�'� ld.Notiees.Any notice to B��rrower pruvided fiir in this Security Instrument shal;:�c given by delivering it ot by mailing
<br /> .,J��
<br /> it by first rlass mail unletis upplirable laa•requires u�e uf another methai. "The notice,hall be directed ta the Roperty Address
<br /> or any other addres, &�rc��u•er dr•ignate, hy nc�ticr tu Lendrr. Any ni�tice u� Lender shall be gi.en by first class mail to
<br /> Lender'x addres>>tated herrin or an�• other addreti� LenJcr deriFnatr� by nutirr ta &�rrawer. An}� notice pm�ided fnr in this
<br /> Sc,:lri¢� Instrument shall he dcenuei tu ha�r h�tin given tu&�rcoacr ur I.ender�chrn given ati providc.�i in this paea;s-aph. .
<br /> , Il5.Governing I,a��•; Sever�tbilit�. Thi. S�YUrit}� imtrumcnt �hall be go�•rrncd by f��iera� la:� and thr dati� of the
<br /> jurisdiction in which. the Property i,I�xateei. in the c���nt that any pro�i.iun c�r clau�e uf thi.S��urn�� 1.-.�trument or the hote
<br /> ronfli�ts with applicable law, �uch confltrt tihall nut sltrrt othrr provi.ium uf thi�Sc�:urit�� In�trumrne or the Note which can he
<br /> given cffect without the rantlicting prari.ian. Tu thi.rnd thr pnwi,i��m of thi.S�tiurit}• Imtrument :�nd the Note am declarecf
<br /> tu he se�•er3ble. '
<br /> . 16.Borro��er's Cop�.Ex�rr..rucr,hall tx�:i�•rn unr cunfimncti rup� uf thL?•utr and uf thi.Se�urit}•In�trument. �' '�'
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