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.. �� (J,„?� a -�n,+`,.�1' � �i+.��Y.. .. ��. . _.. � . . -, <br /> — — '�Illy? 194�4 — .u�cS't 's� --. -- <br /> _ ____--- -�---�------r— •----. _ — -- --- -- - _ <br /> - . � .. ' � � , � �� ' " f' _'" ..�^ � '`Iti-r);__.. <br /> . . � � ... . . � ... <br /> NYmants ms,y m lon�er be tequir�rl.�ttM opticxe af l.,axler.if rr�ntt�ye lnwnrwe orne�(fa d�e�a�at,�ed lrar �elo�! <br /> .. ttwt I.sn�ier requircs}prnvidod by s�inaotr,x nppni��ad by l.eiwler�nin ha:c�ncn avnilrble nad ia ctibained.'ticx�n+�ver��pry_ <br /> the prcmiunu noquired ta mein►air�rrwnga�r in.rurac►�:G in effect,or tn prcwidc»1��rr.�erva,antii the noquina�nnt fQr mcri�e , <br /> insur�uux ends In sr.cordas�nce with any wcittan�raemerie betworn Horr.�war wr�!Letxkr cii a�pplir.�Me I�w. _ <br /> !.IaspectNp.I.ender or!ts t�rat uu�y m�k�e rwanNble er►trimx�uptm Mrnd inspecUexu af the Property, La�ddr efwq�ve � <br /> Bor�nwer rwtice it the time of or pdoe to.wA im�xtic►n spacif'yln�ctascxu�bie s�u�atc►r the inrpostlon. ' <br /> 1�.Corde�nmNoia.Tfio procexda ot.uny ewurd ar cl�lm for c1�rt�eia,dirat ar c+onua0uentia,in oona�atiion witb a�y"' •� <br /> condemm�tton or other te4cinp c�'Nny park�rf iho Prn�erty, or for eon�reyasxe i»I�n�frf c�nr!emn�tfnn,nrr.hr.rhy n+�i�►�1 rn.1 . <br /> ehall be p�M to Lecxler. ' . <br /> In the eve�t of a totat taking af the l�copecty,the pmc�ds shxll iyu�pplted to[he auma isecun9d by thie SeCUdty Jn�tcumeM� <br /> whether ar not then dua. with w►�r exccss paid to Barrower. In the cvon! of a pwrtid taking of the Propaty in whlch�he f�ir <br /> maricet vulue of the Property�lmmRdiat�dy befam the taking is equnl t�ar grca�ter thsn the emount o�P t�e:suma aerurod by thls � <br /> Security Instrument immr.�dls��befor�the talcing,unlesa 8arrowor And l.ender otherwise agrea in wrlting,tNe sumi secured by <br /> this Sxudty InsuumenL.sl�t'U�6e radus+ed by the nmount af tha prcxto�ds multiplied hy the followirg fraciion: (n) thc total <br /> amouat of tho sums sxurad imm�iuely bcfore the wlcing, divfdod by•�b) the fair nwricet vAlue of the Property immedl�tely <br /> bcforE tbe taiclag. Any baLtjarx sba�l bo paid to Bormwer. In tlta cvt►nt.of a parti�i t�king of d�e Property in wh9�h the f'uir <br /> markct value of the Propqm,i•imttvadi�taly beforo the taking is les.s than.the as�wunt of the sums socurod Iinmedittely�beforq the <br /> taking, untess Borrowar��I.ectdec otfietwlse agree in wrlting ar untess'applirable law otlietwlso provides,the proceods abail <br /> be applicd co the sums.serurad,by zhis Seeurlty Insuument�vhethec oc�ot t�e surns ere then due. <br /> If the PropeRy is e4l�andonod by Bnrrnwer.or if.after nottce by i.cnder to Borrowcr thut the condemnor offers ta makc.Rra:.: . , <br /> award or s�ttle a ctaiu�,far datu��ea,Burrx►wer futls lu rcsxwnd tu LvnJc:r wlthin 38 days aRcr the date tho notict is giveii;�. � <br /> 1 ender is authorizpd to collat and appiy the praceeds,at its optlon,eIthqr ta[�WrntIon or repa�r of the Property or to tht.su��t.� <br /> xeenred by fhi��ecurity�Insuur�r.nt,whcther or not then d�e. ' . � <br /> Ualess.I:ender and �orrowec otherwise agree in writing. ciny nppl3aut�¢u oP procceds to princtpal shall not extend.t�Y <br /> pastpon�the duedatanf the monthly pay�ems referned to in par+aIIra�h��!nnd��`or change the amount of such payenonts. � <br /> ll.Bb�roaer No4 Releosed;lFarbc�arance By Lender Not p Ws►iv�r.,�xtensian of the tlme for paymeat ur modifccati�or►.. <br /> d4,�nortiz�(tiun bf th�sumg seeumd by thls Security Insnu�nent granted by d.a+i�er to any successor in interest uf Horrower shu11 <br /> nat operatc w relea§a�ha liabllity qf the original Borrawer or BorroworTs'AUaoansors In inte�est. Lender shaU not bt require�'to <br /> ctirtmence prooeadings agriinst uny suocessor In lnterest or r�efuse to entend:tium for paymeat or otherwlse modify amortization <br /> of the sums secured by this Security Inatrument by re.ason of any damnnd��made by the original Borrower ar 8orrower's <br /> succ�sv[s•}t�interest:Any focbearnnce by L.ender in exercising any rIght an�romedy shall not be a waiver of or preclade•ihs <br /> czatclx�t'�y sig�i aracst�3y. - <br /> 12.SupccSwrs Qiid Assigas Boand;Joint and Several Lie1a6lity; Cael�ners. The covenant�and a�reem,,�nts of this <br /> Secutity Insttument sb�tl bind aud benefit tha suocessors and asslgaa of L¢ndar and Borrower.subject to tbo provislons of , <br /> •par8graph 17. Bortuwer's covenanu and agreements shall bo Jolnt und sevet�l. Any Borrower who cas�gns this Security <br /> Instrument but doea not eaecute tha Note:(a) is co-signing this Secueity Inat�lmeat only to mortgage, �rai►t and convey that � <br /> �arrower's interest in the Pmperty uncier the terma of this Security Inatrumama(b)is not personaAy obligated to pay the suras <br /> 's��a by c�is sxu�cy rn�c��t;anci(c)a�rees ihat[.cndar and any othBr Bocrower may agrce to extend,modify,forbear or ' <br /> malce any accomrrx�dations with regard to the terms of this Security Ir�.gtrumenE Qr.�the Note wIthout thut Borrower's coasent. , - <br /> 13.Loan Chmrge�. If the loaa secured by this Securlry Instru►rient is suUyact to a Inw which seta maximum loan chaz�es. <br /> and that law is finally interpreted so that the intemst or other loan churges catiected or to be collected In connection with the <br /> loan exceed the permitted limits,then: (u)any such loan charge shal! 6e rednuod by the nmount necessary to reduce the char�e <br /> to the permitted limit3 and(b)any sums already collected fram Borrowor whiah exceeded permitted limits will be refunded to • <br /> Borrower. L,ender may chonse to matce this refiu►d by reducing the priocipn! uwcd under the Note or by making A dlrect -- <br /> payment to Borrower. If a refund reduces prIncip�l. the reduction will ba treated as a partial prepayment without any y` <br /> prepayment charge under the Note. <br /> 14.Notitrs,Any notice to Borrower providod far in th[s Security Instrument shall be givem by delivering it or by mailing <br /> It by first class maii unless applicable Iaw requires use of anothcr method. Tha notice shail be directed to the Property Address <br /> �r uny other nddress Bnrrowar designates by notice to Lender. Any nutica to i.ender tit►all be given by first class maif to - <br /> I.ender's address stated herein or any other address I.ender designute� by notice to Borrower. Any nodce provided far in this � <br /> Security Instrument shall be deemod to havc been gtven to Borrower or I.�ndot when�iven as provided in this paragraph. <br />