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<br /> -_-�'�; , �rayiaents may'tt�ini��er[se r�quueal,at t5e�tion`of Leasier.if martgage 3azuran�cov�rags�(ig tS�smuunt aad foT the per�nd =_--__-_ _--_
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<br /> _ ' ttsat txades cec�,�ues�•pmvid�l bY.aa iasurer appraved by Le�dei a�t b�On�s�a��ailable and is a��;Eo;�wei`st�ll•P�Y. ---
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<br /> � tHe pta�naur�regai�d ta ca�iatain mortga$e insurdnce ia eff�t..or tfl pri�vi�e a Cbss r�5erv�,untc�tke reqe�xrement for moitgage �
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<br /> 3 V -�- - ' 9�sF�tlun.Izader or its ageeutt may ma�aeasnn�ble�tri�upoa and inspections of the P'roperty:I.end�r shall give ' ' ---------
<br /> _ T ��� ` ,Bomower.untice at tite time of or prior to azt inspec�ion speci�'yimg�asoiFable<tatise for the ins�aa.
<br />- �_�' :v ' 10.�tinste�natdori.The pmceeds of any a�az�oz claim fos damages.dir�ct or oonsequentia!„�iu ooi}ae�io�i with aay , - --
<br />_ =.:�':f. "�"�z.;.s. . condemaa�on or oth�s ralcing of azry part of t�ie Pzoperty,or for oonveyance in ti,ea of caademnation,�are hereby assigned aud ----- ------_
<br /> `�,� �g•= "'� ' 'sbal!be paid w Lender. ' , � . ,
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<br /> In tfie event af a mta!ra�"af the Pcoperty,ti�e praoeeds shall be applied oo the sums securrzd by ihis'Sec�ity�n��,+�y..:. .
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<br />- �� � _ . wbeiher or nai tken due, ����ss�gaid to Borrawer..In the eveiu af�a partial rakiag o€the Frop�cY iu�vuis�t t�f�:. � - _
<br /> market vatge�€�tTse Progerty��'�t��ore t6e tat�ng is equal w or greater than the amnunt of tha su�ss.s+�red hy�us "° - -- -_-
<br /> - "' '' ' � -< , •<.��uritp�t immediately befoire��r�::ng,nniess Borrawer aIId�i.euder otbecwisc agee in tivdiing,the sums s�cured by - -- -
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<br /> � _�,�..3,..._.,e�;.� � _ , ' this �eauity Inst�ument shall be redaee�b��he amoimf of the pmceeds muttiplied by the foltovring fraction: (a) the tatal =__-.--
<br /> �°.,'�.':-'k.�� amo�t of the sum�'s4cvred immediately before the taking,divided by N)the fair mazkei value of We Property.immediateiy . ---
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<br /> �.,�;��-;F,f:iF ;�.`,-,, befoie[ha.tatang. My balam�shall be paid ta Bo�wer. in the event of a partial taking of t6e Progerty in which th�fair � �-
<br /> Y -marT�et vair�e of the Property immediazely befaie the taking is less than the amourrt of the snms secure�immedi�tely before the ,
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<br /> _ ���'- • . ` `. r taking.unl�Born��rrer and LRnder otherwise agree in writing or unless:appficable law atherwis�provides:the prooeeds shall =----
<br />-�� be applie6 to the sums serured by tbis Security Instrument whether or aot the sums are then due. • . Fg =_
<br /> � ` �.
<br /> ���' �, :,°<<-�Y,,,'�.. ' if the Property�is abandoned by Boribwer.or if.after notics by Lender to Borrower that the condeainar offers to m�lce.an
<br /> ' ��`'' ' award or settte a ctaitn for dam��rs. Borrower fails to �nd to Lender Kithin 30�Yays al�er the dat�the notice is given. —__-
<br /> --' '.':•,+ :,''.';';t -_-_-.
<br /> -,�,r'''`.' : Lcr�er is authorized w coltrct and apgly the_proceeds.at iks aption.either to restoiatinn or repair of dit Property or to the sums
<br />-�;'.�`y�: .� ' �' � •; sccured by this Securiry in,�trumeat.whether or not tIien due.. ' ' ` • '�.�'��"'�----
<br />�i• � � � Untess I.�nder and Borrower othenvise a�in writing. any application of proc�ds to principal shalt not extend ar � ���:_,�»��---
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<br /> � �'���='� � . os the due date of the montht_ a ments referred to In ara hs 1 and 2 or chan e the artwunt of such a - -
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<br /> . • ` lk�orro�3ee Not Itet�ased;Forbearance�y[.enaerNot a�iNa�ves.Ex[ensiaa�o�`�tTie ume for�paymeat oi�oaifcca3ion-"----'°�'
<br /> - - - of amortization of the sums secured by this Security Instrnment granted by Lender!o any successoi in interest of Bprmwer shall �--�`_ -
<br /> '',.r - .` :�.�•��,�;„ •nut operate to releas�t6e liabiliry af the original Borrower or Borrower's successars in interest.Lender shall not be required to N�
<br /> �" '' commence pruceedin�s against any succ�ssor in interest or refuse to eatend fime for paycaent or 6therwise modify amortization ���-��:�
<br /> �� r'..� :=_ . - �_ _ -of t�e sums secured by this Ses.vrity Instroment by reason-of any demand�de--by-the original-Bomower_or Bomnwer's _. _ . .��;. .
<br />- _ ' successors in interest.Any forbearance by Lender in exercisiag any right or remedy shall not 6e a waiver of or preclude the 1
<br />- , .. exercise of any rig6t or cernedy. . "�F�
<br /> •• � 12.Sacoe�o�s aad�as Bound;doini and Severa! Lla6ility; Co-sigueFS. The co��ants and agreements of this
<br /> �- •,.�;,.. Sec�uity Instrument si�all biad aad bene�:�suc�cessors and assigns of�Ixnder and Borroc�ec,subjeet to the provisioas.of ----
<br /> � � paragraph 17. Borrower's covenanu artd �reements shalt be joint and several. Any $orro�es who co-signs this SeC�;Ly c:`;".���-- .��;�
<br /> ' �� Insuument but does not exetute tha Note: (a)is co-s+gnin�this Security Instrument only to rfw:tgage,grani and convey tha! � `'�`�`�"'"�'"'
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<br /> � , �` � Borrower's interest in the Prop.erty under t��tem�s of this Securiry Inswment;(b)is not perso�ally obligated ta pay the sutns ,::Y�;;3 �
<br /> .:. . . .:�. . _ � �_
<br /> ��:.;;,;'�°.;. �::K��;, secured by this Security Instrument;and(cl agzees tha:Lender and any other Borrower may agree to extend,modify.farb�:c ar. '.;',.'; °� :�
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<br /> ..�Y"� " - ' `�`� make any accommodatlons with regard to the terms of this Security Jnsuument or the Note withoat that Borrower's wnsent. .. �`�:�-'�`,~ '
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<br /> . '�''�� 13.Loan Charges. If the loan secured by this Security Instrument is subjecc ca a Iaw which sets maximum loan charges, ...�N�• • ��
<br /> ' � �'•.` and that law is finally interpreted so that the interest or other loan charges colletted or to be collected in conaiection with the t�<r�':�. ���� .:
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<br /> '�� �� ' ' `'•'��� loan exceed the pemritted limiu,thea:(ai any such loan charge shall6e reduced by the amoani necessary to raduce the charge : �,:�.,; �:'
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<br /> '��h`'`'��f'' to tt►e ermitted limit;and(b)an sums�:�d colleaed from Borrower which exceeded ermit*.:�1 limits will 6e iefqnded to
<br /> '�1,�,.�-;� �`,'::" r'.�ei�r,�' P Y Y p � :�x.s��-".
<br /> _ :';�;-:,,�`. .. '. 9_•f ,.. �r',�"rI:_
<br /> .;;,;,.�:-�. •'"�tl;;:;�, Borrower. Lertder may choose to make t� refund by reducing tha principal owed under the Noie or by malcing a direct .��'.;.�r,��,,>`;��;.,,
<br /> "}x'?wr�.°�:'�,:,��,��i�� payment to Borrower. If a refund re�s priacipaIl. the reduction will 6e meated as a partisi prepayment without any �: •" , y��� �
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<br />- ._.��''.;._•_,_;:.;;,.:.j��;•;. �sePayment charge u�er the�Note. .. ;:� ,},,r•��.t;�;�
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<br /> � �.,: ��i'�: � : 14.Noticcs.Any noace co.Borroa��pmvided far in this Securiry Insuument shall be given by delivering it or by maiiing "��.:'. � ; �s;,,h�,;;,
<br /> -� ::�';��i,!,,;r':: it by first class mai!unless applicable taw reqWres'use of anoiher.meihod.The notice shall be directed to the Property Address , LS"'�',,:.�.�r,::
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<br /> y,};;�;•.� �• �::;,�,��'�. or any other address Borrower designa:es by notice to Lender. Any notice to Lender shal! be given by first elass mail to , ,f;�.�,�
<br />� ' ` ' ';,•• 's� Lender's address stated hereia or any other address Lender designates by nbtice to Borrower. Any notice provided for in thls •�?!^.�'.`�•
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<br />- � ''�"� Securiry Instrument shall be Q��ned to have been given to Bonower or Lender when given as provided in this paragraph. ti:?oi�•�' .:'��,�~ '�,:'?�?�?}:�,��:;
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<br /> �.•,..' ':• ;i;;;;,. 15.Covetniag La�v; SEY�T2t°3"�Qf. This Security instrument shall be gavemed by federal 1aw ar+� The law of the ' ,;�,,:'.,.�.1,.,,:
<br /> :: i��,�. �;:,���,:,::.r,t:
<br /> �;- �+�•. jurisdiction in whlch the Property is to�_d. In the event that any provision or clause of this Security Instrument or the Note : ,��,•s,•,�.,,::�i�`,•
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<br /> � '�'���������� conflicts with applicable law,such car.�i�:t shall not affect other provisions of this Security Ins'aru.�ent or the Note which can be• � , �•' .;i,�';r.`��-:�"'
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<br /> - Y�. ." . „� � `.';'' given effect without the c�nflicting pracision.To this end the provisions of this Security Inst�:nent and the Note are declared ' , �_
<br /> - - '�`•.:�� to be severable. ';:.•:,f.
<br /> - ' �'�� �'`°�''�` 16.Borrn�ver's Coyty.Bonower s�a!be given one conformed copy of the Note and of this Secariry I�,�t.-ument. � -
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