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<br /> '�.'�`"��-' }:y� � P ya� Y at tfaa opt�on of Lender,if giortgag�in�vranoe caveta�e(in thE amaunt and far the�riod — ----
<br /> , � � '� . a ears ma nalapget be�r�l. �- _-
<br />� ' . � Ehat I�enQer req�1�v'ided 6y an'insttrgr sppmvcd�iy I.e¢det agaid becomes available aad Is abtained.Borrurr2t,shat!pay - -
<br /> �'�„��:f:-...., ,• - 'tkc p�ni�ms regu3�ed;go ma3ntai�r mnrt�a��stsi�ran�e in R�ct.or ta piavide a to�s nesecve�urtIt the requiier�fu�r mart��e -- -
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<br />:�::�'.��; �_;�. . ' insurance en�s in a�xo�with any wcittei:�aieat b�veen Bfln+ower�d l.ender or appucable taw. , ` ' �___--___
<br />_ �h q gs�vpecii�.L�nder or its Qga►f may madce reasaaable entries upnn aud iasp�ctioas of tha Pcoperty.Lendes sYtall give . --
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<br /> - ' �'��-;�� ' Bomawer netic�aE the time of.or priar to an in�ectioa spocifying reasonable cause foa tfne ia5pectiou. , � —
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<br /> k., F � 10.Coud�ation. The praceeds of ang award or claim for damages,direct ar eflnsequenti�l.in ooanecdon witb any -
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<br /> :?}~.rY n:k..• . . COIItLZmnatiaa ar ather taking of any part of the Froperty,qr for oonveyaaoe inlieu of oondemnation,are he�e6y assigned and ? L i�,T ��='�`"-
<br /> " ,+ shall 6e paid to Ixnder. '.� ,,,� _
<br /> � � ."``r....--�`° In the eveat af a tata�ta�g of the Praperty.the pmceeds sha!!l�applied to the sums s�hy this Sewnity Instrument,. _'-� '
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<br /> '� ���l � �� whet�,er or ttot then dne.�rith any exc�ss paid to Bomawer.In the event of a partial taking of the 3'r�agerty in�which fhe fair "----
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<br />�;' ,,.,:.•� . '.,rz`r�,,:. maxk�et value of the Pc+aperty imm�iately 6efoie die taking u.equa!tfl or greater than ttte amaunt aF th�suu�,=�z�t by this `r : .
<br /> � „� g�y I��,n+m+immediateI�before the[aking,anIess 3�nQrarer aad I.endEr otherari_�agre�in writiag,t�=`"sytt��6Y -:: � , �:
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<br /> -�- � � " ,?hi���.�tt s�;�e.,�ced h�r the�'�t �`t�•j a.�s multiplied bq tde foIlowmg fiz�t5�;t�n�.��::: �� -
<br /> ' `rE�' I°''�"�:c;€;�- �' A,�ci�.�a�r.I�` ;�s secure�,�saa�a���'t�e��i�.`i�^���S�S'1,6)the fair madcet va[ue oF Bte P�.i-�g` , 7 ,�_{ ,�
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<br /> � ���.��re��,�, . , ` � �g. Any baian��,.d�,iie•.��;tv;�c+,�-��.fi�'tbe event of a artial taking of the Pragerty.�itt.a�i3?ch the fair. '�'*`�_ :
<br /> ���°M°1�`�"�� r` �% ,.:Y ��wdlue of thep����immediatei bCfOYe thC t2rart �1S I2SS th3t1 the 2IDOIIIIt Of thC SuII1S SCCUICd IIItII1�lAtC�!�6Cf0iC th� . °-°
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<br /> ..J •,..1^'�y y � ' � v�',. >., E �_.'_
<br /> ` tafdng.ualess Borrower and Lender othenrise agree in writing or unless applicable law otherwise pzovidesr tI�e proceeds shall _
<br /> _ - - _ be appliod tv the sums sect�red by.this Security Instnunent w6ether or iws the stims are tlhen due. ' �;..t '.� <:s;_�-'`
<br />=;t�`�`"' � �•� �� If the Property is abandoned bp Borrower.or if.aRer cotice by Lender tu Rarcower chat the w�emnor offers to make an �-""�--
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<br />- ��"f?`S'�•�x''�;�' y '�'�, award or settle a cfaim for damages,Bosruwer fails to respond to Ltnder within 30 days after the date tS�e notice is given. • �t -
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<br /> `�7;} �, l.eader is authorized to collcct and a 1 the roceeds,at its o tion.either to rest�ration or re air o[the Pro ert or to the sum.s �� ' *'��'-°
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<br /> �: , .'•. � secured by this Security(n5t�ument,whether or not then due. , : �"'�"_���_=-.
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<br />" •�;F '° �� • Unle�.9 Lendcr and �rrower oth�rwise agree in.writing. nny appliculion af praceeds to principal,shall nat extertd or �� ...
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<br /> -, -.�. -,-- -- - pnst{wne-the-dut date aPthe-mnnthty�ayments rcferrcd ta in pa�ngrt�phs 1 st�nf�nr change�he amaunt�f such payrtients. �' �'� `-�'�=-_----
<br /> � . ,'" �`��� 1!.QotTOwer Kot Etela�sed:For6earnrtce By I.ea�der Na!u Wuiver. Extentiiam of the timc Por payment or modificatiun '..� ��.'::_
<br /> ` � � ''" << af amaqixadem ohhe Kums Fe��urcd by this Security la�trument granted by Lender M any successor in interest of Borrower shall ' ' -
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<br /> � ' '�' not aperute tn rctc�sc the tiability of the arigin;it Barrower or Borrower's successors in interest.l.ender shall not be required co �"`'�___
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<br /> Y ��� ''°'� `�,::�:�.;';{F' commence pmceedidgs against Arry saccessor in interest or-refuse to extend time for payment or otherwise madity amoriization ��-- - �-_ �
<br /> '-' ;;,{k�'�'���•�."'''���' � of thc sums se�ured by thia Security Insuument by reason of any demand made by the origina! Borrower or Borrower's -�. ';:;_� ��,�;v';
<br /> �t�j;�, � • successors in interest. Any for6earance by Lender in exe�ising any right or remedy stmll not be a waiver of ar�preclude the • ��?, � _
<br /> • 'f'��� . - � � eaercise of any right or;emedy. '� �
<br /> ;;r �, " :,;�.:;..::,,. . . 12. Successots and Ass(�Bonnd;Jotat and Sesre� Ltability;Castgaers. 'Fhe covenants and agreemeats of this °-�:'k �' .
<br /> � Securiry Insuument shall bind and benefit the successors and assigns of Lender and Borrower, subjed to the pmvisions of• " ,-
<br /> ! ` �. paragraph 17. Borrower's covenanu and agreeatents shall be jaint and several. Any Borrawer who co-signs this Securiry � �'.` � ';.'
<br /> ... ;
<br /> ; , . . . " Instrument but does not eaecute the Note: (a)is co-signin;this Sec�mty Instrument only to moctgage,grant and convey tbar. .. `.�.,
<br /> ; 's :,.'-_' �•.::"''. '�::�-:�' Borrower's interest in the Pruperty under the terms of ihis Security Instrument;(b)is not personalty obligated to pay the su� . ' • �t�<�...•�
<br /> }- -'=.-_�-';�r' secured by this Security Insuument:and(c)agrees that Lercder and any other Borrower may agree tp extead.modify,forbear or - _.._.
<br /> ' ^ � ' `•r�'°i make any acco�ruaiodations with regard to the terms of this Security In.strument or the Note without that Borma-ec s consent. "��`�
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<br /> { ... . •%`:�`� 13. a.oaas CHsarges.If the toan secured�ay this Security instrum.�nt is subject to a law which s�u�z:snc:�luan charges. , . •;.�� , :=,�.,
<br /> �l ; , . .. ' ` ' a�d tAat taw is finalty interpreted so that tti�interest or a;�er toa.n.d.i�ges eollected ar to be callece���a�c4�:��aon witl�the <�:,`� - ...-'�;:;�;,' � :
<br /> }'. rx��„�,� fi,�s�rr� i��i ; .1^..cus eaceed the permitted limic.�..ti�n:fa}a�p s���ti.E�ar.d�.:`�:s�.��[6e reduced by tt�e amount necess�y t�:;�:�a�the charge J t r` '��.l�a=.
<br /> i�,:-. , , to the permiued limit:and(�)a.�suTM�'�a�4�coi,rc�:,�:4c::ti F.;�rrotier which exceeded permitted limits�T,�L�n::vnded to . �• �����+'�
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<br /> �,;. Borrower: L�:,�e.r may choose to matce 1�::'=efund by reducing �w F:incipal owed under the Note or by r,.il�*� a dim�: ` .�•,�
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<br /> + ., . . .�.•,';;�;l�„ Payment to &c�r.r�wer. I f a re f un d r e�r.ea�.grincip a l. t he r e du c tion wi l l .be trea t e d a s a Q a r t i a t p r e p a y r.i e� �=,���i t �.: ' - ,s;,°, �. ,.�
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<br /> - • �- • `�• •�re�ayment charge under the Nate. , .. �,. � � �''�_-
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<br /> •' �'� Y4.Not�ces.Any notice to Borrower provided for in this Security lnstrument sh�ll be given by deiiveri:��.i:•.,. by mailing : , _ ' ;..•:� •:��;;�
<br /> ":•�:. .a:,-�:. .
<br /> _ " � ,�1;,`�� �by first ctass mail unless applicable law mquires use of another method.The notice shaU be directed ro th.��rc�'ty Address . :; •;��R V ir__._
<br /> " �••{`��� or any other address Borrower designates�a�� notice to Lender. Any notice ta Lender shall be p~ic'en by fes�class mail to � . :;--� ��?��:=_
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<br /> ' •;,'.•.•;. . :•� , Lenders addc�s stated herein or any or�g�s�3dress [.ender designates by notice ta Enrtower. Ary�r;�:i�e�:-�aided for in this � 4�•.;.,.��
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<br /> ,, .. r_ �ecurity i:,�tr�:nent shall be deemed to ha�z�een given to Borrower or Lender when given ar prori3��` L°��z.*z,raph. ,:,. ` ;. .�;•,:-
<br /> � 15.Gos�s•ning La�v; Severability, �i'his Security instrument shall be governed by fed�? '�a'ri. '�-+s: m5_ law of the y�,;�'�` � �
<br /> : . � ���:�
<br /> - � � � j�:risdicti�.�ir..a�ich the Prnperty is locz.i:d�. ln the event that any provision or eiaase of this 5ec�:`.}•�:.�:-^a�'na�,.dr the Note �,,,if � ' " ��'
<br /> . + • �.. ;;r�;,;;: a�:'ic�s���:-�licable law.sueh confi;�,�s�:al)not aifect other pravisions of thia Security Instr,:-ti�r��.�r t:�e���;t:which can 6� � '�� . , .� . • �.F��
<br /> - : � � � ��'' '""'•�;Y �;S'�ri ef�'ec't a'ithout the conflicting pror;�nn.To this end the provisions of this Security Instra;!�..ar�=.�-.d ELe �.�te are deelared , � . -"�_
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<br /> '`�i�' ;;i�:-: ,;'ar�:�.�'�,<••;'.•..•�� :o�e severabtc. •, ' , • • . .'��r
<br /> •`� ''`�rF' �� 16.Barrawer's Co�.Borrawer shall be given or.e c�r.formed cupy of thc Note and af this�c;.::�iti (i��t:n�:•?:�^�. � ' ' :, °.' `.'�,'
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