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<br /> p�yr�ts�m�y no longer be ra�ulrod.u ehe apcion„af t.er�der,if mort�e insunnce covera�l;,(in�thb an�ounc�ud for tk�p�eidc!'
<br /> that l.ender requirca)provIdod hy an in.w��er c�pprc►vcd by l.end�r�+�ain[ucames avuilubie and!s obtxined.Bam�wer utull pay
<br /> tha premiums rcquired ta t»aintain mortgage i�uur:�ixc in effcct,or ta pravlde a tuss rescrvi,unt61 tlie rcyuir�uienc fc�r�yx�rtguge '
<br /> i�isuranca cnds in accordanca with uny wdtten aSrcemem txtwren t3c�rrowec and l.eixlRr ar applicublc(aw. ,
<br /> 9, I�Erailaa.i.et�ter os fts egent rr�y makc ra�nab[s entde�upDn�►id inspecUonr af the Fc+�erty.L�eirkr shall Rlve .,
<br /> Bqrrower�wtjce at the Nmo of ar�rior to an ii�pxtion apecifying rcasonable cuuso far the ins�x:ctton.
<br /> Ip� CandnmqUon. '[7�e proceeds of any aw�t�d or cidm for dar�gea. diroct or cansequand�l. ln coanoction with +u�y
<br /> cbndemnatlon or othcr takiug ai any part of tho Property. or for co�veyanct i�lieu af coivJemnatio�.aro hercby auigned suxA
<br /> shall be prid to Lender. '
<br /> In the owt.nt of a�ta!taking af thc Property.tI1C piOC�IS 6�U bC A�1IIEd i0 II1C 6UIriS ACCU11Dd FI�I QIfIA$OC11:f�Iy III�NRiEQt:
<br /> whether or nat then duo. wlth ony oxoes.9 paid to Borrower. In the cvent of a partial taking of thc Pmprrty in w�ich thc tlir
<br /> market value of the Property immodiately before the taking�s eQ,uul to or gc+eater th�n th�amount of the sumc securod by thi�
<br /> Security Lnstrument imn�edIately bofore the tolc.ng. un[as Bnr�ower and l.ender othcrwise agtr,e ln writing.the sums socurod by
<br /> this 5ecudty Instnunent shuli be raluc�d by the amount of the praca°ds muldpliod by the fo!lowing fisction: (w) tha tc�l
<br /> iunoum of the sums sewred immmdiatcly_befon tho taking,divlded by tb)the falr crwrket vatue of thc Property immod�i�utefy ,
<br /> I)GfG[C �I10 I0�0}j. My bnlance shall be paid to Sorrawer. In the event of a partial 4aking of the Property in which the f�ir
<br /> m�rlcot vatue of tke Propeny immediatdy before thc taldrg is less thaa the nmount of the sums exurcd immodiatcly befaia the
<br /> tuking. anless Borrower and I.ender otherwjse agree in writiag or unless upplicable IQw otherwisc provldes,the proceods s1�a11
<br /> be upplied ro the sums secured by this Secuiity Insuument whether or not the sums are thcn d�e.
<br /> If the Property is abandoned by Borrower.or if.ufter notice by Lend�r to Borrower ihai the condemnor offers w make un
<br /> - s�verd ar isettle n clnim for damn�ec, Bormwer fails to respo�to lander within 30 days aRer the daee the notia ls givrn.
<br /> Lender is authorized to collett and npply ttte proceeds.ac its opt[on.either to restoration ur tep�ie of the Propetty or W tho sums
<br /> secu�ed by tbis Security Instniment,whether or not then due. •
<br /> Unless [.ender tind Borruwer otherwise agree in wriGng, any appt[cation of proceeds to priacipal shall not exttnd or
<br /> postpone tho due afate of the monthly payments refemed to in psuagraphs 1 and 2 or changa the amount of such paymeats.
<br /> il.Borrower Not Released;Forbea�aace By E.ender Not a Waivcr.E,�tension of the time for puyment or modificat�on
<br /> of amorthatioa of the sums secured by thjs Securlty Inshument�anted by I.ender to any sux�ssor jn intemst of Borrower shall
<br /> not aperate ta mlease the linbittty of the origina!Bomower or Borrower's success4rs in inte.r�st.I.ender shaU not be requireti W
<br /> commence pmceedin�s against any successor in lnterest or refuse to extend ttme for payment or otherwise modify amortl7ation
<br /> of the sums securod by this Secudry Instniment by reason of any demand made by the original Borrower or Borrower's
<br /> successors in fnterest. Any forbearance by I.ender in exercisin�eny d�ht or reraedy shall not be u waiver of or preciude the
<br /> exerci�of Any�ipht or remedy.
<br /> 12. 3umssors end Assigns Bound; Joint and Several Liabttity; Co-slgnere. �J'.he covenants and nsrcements of this
<br /> Security Instrument shail bind and benefit the successors and assi�ns of i.ender and Borrower, sub}oct to the pmvjsions of
<br /> paragraph 17. Borrower's covenanu end agreerrrents shall be joint and several. Any Borrower who co-signs this Secudty
<br /> Instrument but does not execute the Note: (a) is co-signing this Security Trtstrument only to mortgage, grant and convey thut
<br /> Borrower's interest in the Property under the terms of this Securlty Insttument;(b)is not personsilly obligated w pay tbe sums
<br /> secured by this 5ecurity Instniment:and(c)agrees that Lender and any other Borrower may agree to extend,modlfy,f�rbear or
<br /> make any accommodations with regard to the terms of this Secur�ty Instrument or the Note without thaz Borrower's consent.
<br /> 13.Losn Chatges. Tf the loan secured by this Socurity Instrument is subject to u law which sets maxtmum loan chargea,
<br /> end that Iaw is finully interpreted so that the interest or other loan charges rnllected or to be collected ln connection witl� the
<br /> loan exceed the permitte�limits, then: (u)any such loan charge shall be reduced by the amount necessary to reduce the charge
<br /> to the permitte�l timit;and(b)any sums already coll�from Borrower which exceecied permitted limtts will be refimded to
<br /> Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct
<br /> payment to Bomower. If a refund reduces principal. the reduction will be tmated as n partial prepayment without any
<br /> s . •s prepayment charge under the Note.
<br /> :..?:. .
<br /> ,, �t.:�,, 14.Natices. Any notice to Borrower provided for in this Securety Instrument shall be give�i by deliverin� it or by mailin�
<br /> . °y�:���''t�.•, lt by first class mai!unl�ss applicable law requires use of another method. The notice sh�ll be directed to the Propeny Addmss
<br /> � °''�'�'=;•' �� ` or Any atfier uddress Borrower designutes by nottce to Lender. Any notice ta Lender shall be �iven by first class mail to
<br /> ���F � L.ender's address stated hemin or any other address Lender designates by notice to Borrower. Any notice provided for in this
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<br /> -.cxa.�:4�:..'' �:s Security Instrument shall be deemed to have been given to Borrower or Lender when given es provided in this ptuagraph.
<br /> ' '� 15.Governi� Law; SYVerabiltty. This Security Instrument shali be governed by federal law und the tuw of the
<br /> ' ��,,;' � jurisdiction in which the Property is located. In the event that any provision or clause of this Securiry Instcument or the Note
<br /> : !ie"��`"�• rnnflicis w'ith a l�cable luw, such conflict shutl not uffect other provisions of this Security Instrument or the Note which can be
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<br /> �'"����� '•• given effect withaut the conflicting provision. To this end the provisions of this Security Instrument and the Note.are dec(cu�ed `
<br /> � �' � . • to be severable.
<br /> _ . 16.Borrower's Copy.Borrower shatl be given one conformed copy of the Note and of this Secnrity Instrument. .'^;
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