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<br /> �`�'� p�ymoat�msy no longer bo rrquired,Rt tAe option of Lender.if mortgaga insur�ace cover�go(in the�mount and far tho period �;?;� :
<br /> t�t J,eader nyuira�)Pmvidod by�o imuret�pprnved by L�endes�tgti�becoma avdlablo and it abtained. Borrower ehall pay
<br /> tho premiumt tequlred w mRinutiA awrt8�8o inaurutco in effact.or w prov}de s loa�reaerve.�wul tho i+equlremant for mort�ago
<br /> insurmce m�ia accor0utce wiW uy wrlttea��e+eemeat betwaon Borrnwer aad lendar or appucabto t�w.
<br /> y�Impeetlon.L,euder or its�gent uuoy mafce ceaionable eatria upoa utd ln�peatioa�of the A�aperty.I.endar dup give
<br /> gonowar notice st 1�e t�e of oc prlor 4o an tu��cUon r.�ciljring e�v:ouabla cauca far tha In.,�gecttnn.
<br /> �0.Cw�demnatkn. 'C�e procaedi of auy awud or claim for dam�gcs� direct or eonsnqumtial. la coauxdon with�qy
<br /> condomnttlon or other hking of any patt of tho ProperRy.or for oDnvey��ace in licu of condemnat��sn.tt+e henby aseigned aad
<br /> �6aU be patd w Lea�er.
<br /> In the eveat of a total Wcing oPthe Property.the procnedg ehaU be appldad to thn eu�sooured by Wis 5ecurity iusdument, i �
<br /> wDsethet or not tLw dne�wtth my euceu taaid to Borrower. In the eveat of a p�udd hldng of the Propeity in which t6e fair ,;,�
<br /> � maricet value of the Propetty immediatoly bafore the mldng is equal to or�e+eater then the nmount of the sums iecwed by tl�is ���„
<br /> Soeurity Insttumeat immedidely befoeo tDe t�king.nnless Bomower ivad I�der othanvise�groe ia writing.tho wms seaured 1sy ,�
<br /> ,,, ,
<br /> ,•+. thiQ Securltjr Iastn�ment shiU bo roduced by the anyouat af the proceeds multiplied by the foUowing fra�tloA: (a) e w ,�i,
<br /> anwuut of the�exuiod iwmodittelg befo�the Wdng� divided by(b) the fair mulcet valuo of t1�e�roperty immedI�tely
<br /> ! (�efore the t�ing, pny balutce s�ll bo p�id to Bon+uwer. In the avent of a parsiai taldng of the Pe+operty in ahich tbe fair
<br /> market vdue of the Propw�ty imnnedlstely befom the hking ie les�thm the amount of the svms securad immedistely befon tbo �
<br /> _..�. t�ldn8.�udeaa Borrowar�ad Lendet otha�wise sgi+ce in wrlttng or unless tpplicable law othenviee provtdes.the proceeds ehall .,,a ,
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<br /> �*;,�1".:��� � b0 i�jll�Od LO fI10 i�IIl9 80C1t1+Od�►fEIB SOCRt��IOIStlUD1EAt W�Et�1C!OI ROt tlt0 811LIS�10 t�ldi dYO. •,•:�-
<br /> .+ :- I4 tbe Prope:ty is�b�ndoned by Botrower.or if►aftar nottce by Ireader to Borrower that the condemnor offe�s w mslce aa {
<br /> .t�.��i{,t �.��. � lh�L�.,'.
<br /> �.� . ,, aw�rd or sattlo a al�im for damsga, Bomewer fails w respoad w Leader wIthin 30 d�ye aftar the date the notfce is gtven,
<br /> ' ''w� ''_ Lt.nder ia authorized w collxt and�pply the pracada.at ite optton,either to c�astonidoa or repair of the Proper/y or w the su,mg
<br /> :: +� � ''•�"`�:• • • sec�red thIe Secwi Instrument,whaher or not tltea due. �"',ti..�
<br /> �` :' : � t3'
<br /> • ��::�'i';��:�. UWass Leader and Borrowar othenvlse agree in wrItinB� �Y aPP��� of procee�s w prjnolpat ehdl aot exLead or
<br /> :�:::-�YI.e�♦ 1 + '
<br /> �'af�'»:.�`'?�i�4�,�;y ; Postpone the due date of the moathly payments refen�ed to in paragraphs 1 uid 2 or c6tuge the amnunt of such pay�aeate. . .
<br /> r , .�; ..,^�y� ., 11.Bon+uwer Not Rdeasedj Forbearance By L�tda'Noi u Waivr:. Bxtensloa of the time for p:ymeat or modIflcuion
<br /> !�'.�rr;'.r i: xf�'.';�:��.� of amortiution of the swa9 secut+ed by thls Socurity Tnshument gnntod by Lwdet to any succassor in Intenst of Barrowar edsU
<br /> {s"zi'.,�.; � . ,_ ', noi opar�tte W relwse the WbilIty of t6e origipal Borrower or Bomower's eucca9sors In intetesb Lender shall not be cequdred to ' .
<br /> �.�; .:,�,
<br /> , ; . ��meace proceuiin8s against any suc�cessor tn tntetest or refuse w extend time for payment or othmwise�uodffy amortiut�an `:�•
<br /> .r� . ::..,,-. - ••a•,.�-�.,;• of We suavs seow+ed by tbis Seeurity Instrument by �+earroa uP a�y da�d u�da hy iha aciglas! Eorrarrst or Bosra+�u'e
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<br /> ,..�;,��;: _ .,,:. .. , successore in fntei+es� Any forbearmco by Lendar In exercising any c�ght or na�cdy ahall aot be a wdver of or preclude the •���:.:
<br /> �s4� •t:... . ' eXe1C�8e of aDy tight o!remedy. ,�'�,:-
<br /> �y�. •,.• ' � 1Z. Sstooessore oad Assig�Sound; 1oLnt and Severxl LlahflitY3 Co�s. 'lhe covenants and agceements of thia
<br /> �}':;.''� � �:;',.,` �u�tjr Insttummt eh�ll bind aad bes�efiE the succe.s.sors aad essi�as of I.ender and Bonower, subject to the pmvisioas of
<br /> ,�n�;r:';�; ' • " � p�ragraph 17. Bonoaer's coveaente and agreements ehall be joint and several. Any Borrower who co-stgns thie Sscurity :
<br /> ;S;?,j;;�,;,;.;+, ., ,. Insttumeat but das aot execute the Nou: �8�I8 CQ�BI�A$WI8 SOCUtIIY InShUIDCIIt OLIy IO m0i�gd$8r g�nt and convey that �., .
<br /> �;::����, . ,,, .,-., � Borrowor's interest in the Pe+nperty under the tesms of thia Sacurlry Instnuaenti(b)ie not person�Uy obl�gated to pay the sums '
<br /> u��..,•:.� �.� �, ., ,- secured by thia Seeuriry Inettumenh and(e)agcees thet Lender and any other Bormwer may agren to axxnd.modify,forbwr or
<br /> :•"�".,�..`,`':. . . �alce aay aa�mmodatione wIth regud to tho terms of thia Securlty Inehument or the Note witbout that Bonrowar's consent
<br /> Nh' �1 ' �
<br /> �'"'' 13.LoAn Char�t�.If the Iwn securod b th�e Secwity Inshumeat is subjeet tn a lsa whlch sete ma�cimum loan charges,
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<br /> :�'�"�`"''.'.°A°�"°'� ond t6at law is tia�lly intet�mted w thu the iaterest or other loan charges coUected or to be coUected in wnnxtion with tha
<br /> ���k�xre�,.:.r.��a:-•r a
<br /> -.>�.s�.:�.,�..,.�--;°�� l�aa exceed tho parmitied limite. thea:(a)any such loan charge s6aU be reduce�by tho amount necesssry to reduce tha charge
<br /> `�' ,� ,r „{ to the ttad limit:�nd(b)aay sums already coUceted firom Borrower which exceeded permitted limits wiU be nfuaded to
<br /> '."�'�::;?:"_ °...,,�
<br /> .;�...-...,... .. .. ._. Borroaer�. I.tadar msy choose to make tlile reil�nd by reducing the priucipnl awed under the Noto ar by making a d[e+ect
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<br /> ,,�:,-. ...;:.1��t�G.; paymea� to Borrowes. If s refund reduces priactpal, the reductton wiU be treated es a partial prepuyment wtthout any
<br /> '�::;•„ • .. �°.. P�WY�t��*8o ucder the Note.
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<br /> �:;?'�:ti':;�.� � ",;,�,;,;, .� 14.No$as.Any nottce to Borrowet provtded for ia thie Seeurity Instiument ahaif ba given by deliveriug it or by Quiltng „
<br /> ' It by first cless ma�l unless aPplicable law requires use of another method.'Iba notfca shaU be direated w tho Ptoperty Addi+ess
<br /> -���.'.s. � ,.�.�.,�-�,.�:. or eay other address Bonowar deaignates by notice w Lender. Any aodce to Leader shstl be given by firet cless mail to
<br /> Lender'e euldress stated haroin or eny oth�r address Lemder desi�ates by notice to Borrower. Any aotice pmvided for in thia
<br /> .'`sy,:{;,;' :', '' ��. Security Instiumeat ehall ba deemal to hava ban gtven to Borrower or Lender whea gtven as provlded in this parngcaph.
<br /> '��r'k7,�� : 1y.Governiug I.�►w; Severabllity. 'll�is Security Inetrument shall be govemed by federal law and the law of the
<br /> � '�"s'•"�' jurisd;ction in whtch tho A+opesty ia locnted.In the event that aa vteion or clause of this SeaurIty Instrument or the Note
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<br /> , ''�'•M' ' confticts with applicable Iaw,such cunfllct e6aU no!at�ect ather provlsione of this Securlty Inst�ument or the Note which can ba
<br /> •�,"'`.". ;., "° given effxt wIthout the eoaflictiag provlsion.To this end tho pmviaioas of thla Seawiry Instrument and tbe Note aro declar�d .
<br /> . . �r to be saverablv.
<br /> • 16.Borra�wa''s Capy.Borrower ehsll be givea one eonformed copy of We Note aad of this Seeurity Instn►ment.
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