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<br /> payments ma�y no tongcx b�raquir:,�,at the opiion�f I.snd,es.if mortgage insurasice cover�ge(in thv acnnum u�d for the�aiod
<br /> t�iat Leixier rtqulres)provtdod by nn insnrer epproved by I.ender agein btcom�s avallable and Is obtaincd.Barmwcr st�Sl pay
<br /> ttw premiums requlrrd to rpaintaln mortgage ivauruxx in eifeet,or w prnv[do a loss tzs�ive�vntil the rcquiiva�e.nt for mort�a�a
<br /> insura�e ends ln acconi�ace with any written agreement between Borrower�nd i.snder or�pplicable Iaw.
<br /> 9. L�geetEap. Lcadct qr its aguu may a�ice rcasanAblo ent:ies upaa and inspectidns of the Properiy.Lender ghall�ivo �.
<br /> �arrawer natica at the time of ar prior to an�inspxtion speclFying re�somble cwse for the inspxtlon.
<br /> I0. Cc;s�det�3loa The prcoe-.ds of nny n�,�tud or clnim for dama�e9, dirc�+.�t o�consex�uential. in conne�t�on wlth iuny
<br /> conder�aatlnn or other tsking df any prrt af the Proptrty�or for convoyatrce in iteu of condernna8on,uo hereby�e+�igaod aad
<br /> sbreU be patd to Lmder.
<br /> In the ava�t of a wtal taldug of the Property.the pracGeds shall be eppliod w the s�ms s�curod by this Socurlty In�triuu�rn�
<br /> whether or not then dae. with any excess paid to Bomower. IQ tUe event of a partlat takIng of tl�e Property in which the fair
<br /> market v�lue of thc Property immediately before the taking is equal to or grtatsr than the amouut of tha sums sxured by thia
<br /> Sccudty Iasmuuent immedicitely before!he taking,unless Horrowar and f..ender otherwlse agree In wdttng.tl�e swns sxured bY
<br /> this 5xurity Insttumeat shaU be reduced by tha amaunt of tbe proceeds muldpUed by the following frocdon: (�)tl�e tou!
<br /> amount of the sums securcd invnodIately before the ta&ing,dlvided by(b)thc fair market value of the Property immodiuely
<br /> before the takL�g. Aay balance sdall be paid to Barrowee. In We event of a partlal taking of the Ptopercy in which the feir
<br /> market value of We Property immediatcly before the taldng is tess than the amount of the sums securod jmmedieuly befo�e t1�
<br /> ttdang,wiless Burrower end i.cnder atherwise agcee in wrlting or unless a�plIcabie!aw othenvjse pmvides,ttte procada sh�l!
<br /> be applied to the sums secured by thia Securlty Instrument whether or not the swns are then due.
<br /> If We Fmpeny is abandonecl by Borrower.or if.after notice by I.eader to Boxrower that the condemuar offcas to m�k�an
<br /> `,u; award or setaie a claim for damages.Bormwer fails to respoad w Lender wlthin 30 days after the dato the nodot ia given.
<br /> I.ender is authorized to oollect and apply the proceeda,at its option,either w restoratlon or rapair of tbe Propetty or to tho sums
<br /> secured by thia Security Instrument.whether or not then duo.
<br /> Unless Lender and Borrower otherwise agree in writing. any applic�tioa of praceeds to pdncipal sGall not extend or
<br /> �'ti postpone the due date of the monthly paymenta referred to in paragraphs 1 and 2 or change the atnount of such payments.
<br /> {;c:
<br /> 11.Borrower Not Rele�sed;Forbearance By I.ender Noi a Waiver.Extension of the tlme for payment or modification
<br /> of amortixation of the sums secuned by this Security Instr�ment granted by Lender to any successor in interest of Bonower shaU
<br /> aot operate to release the liabil[ty of the odginal Borrower or Borrowef s sucoessors in interest. I.ender shall not be requimd to
<br /> commence p�ings against any suocessor in intemst or refuse W extend time for pag+ment or otherwise modify emorti�atlon
<br /> of the sums secured by thIs Secudty Instrument by reason of any demand made by the original Borrower or Borrower's
<br /> suc�cessors in interest. Any forbeatance by I+endcr itt cxCn;isi,ig nn�+ rtghi or remetiy sfiaU nat t�a wais^tr of ar ps�e4�slc ihe
<br /> ' exercise of any right or remedy.
<br /> N�.��:�i'� � 12. 5uocesso�s aad Assigas Bound;Joint and Several Llability; Co-signere. The covenants and agreements of ttile
<br /> ° "�-•�k�"�- �� Security InstruRSent shall bind and beneSt the successars and assigns of Lender and Bomower� subje�t to the provisioas of
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<br /> i �����•�<�1��;;, ``, paragraph 17. Borrower's covenants end agreemeata shall be joint and severaf. Any Borrower who co�signa this Securtty
<br /> �};,,��' � ���'��,;��� Instcument but dces not execute the Note: (a) is co-signing this Security Instrument only to atortgage. graat and convey tt�at
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<br /> ` '� � �� �"'�•�- - Borrower's interest in the Praperty under the terms of thls Secutity Instrument;(b) is not personally obligated to pay the surag
<br /> �..e.��y?� 1114
<br /> �;,,..�.:;-;�...,,:.:.,,r_�• secured by this SecurIty Instrument;and(c)agcpes that I.ender and any other Borrower may agree to extend,madtfy.forbear or
<br /> ;',��;r.�:;�a�r make any accommodations with regard to the ternts of this Securlty Inswmeat or the Note without that Bornnwer's consent.
<br /> �?`'`�"°'". ..'��'`°' 13.Loan C6etges. If the loan secured by this Security Instrument Is subject to a!aw whlch sets maximum loan charges.
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<br /> ;�;,• • :�,,.:, �'`;;� and that law is ftnally interpreted so that the Intereat or other loan charges collected or to be oollected in connectlon with the
<br /> '`*�r'°�� ��:�'. loan eaceed the rmitted limits. then:(a)any such�oan ch e shall be reduce�b the amount necessary to reduce the charge
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<br /> ' .,,,,,,,•.,-�-,.,?, to the permitted limit:and tb)any sums alc�ly caUecte�from Borrower which exceeded permitted limits will be refunded to
<br /> .,M,;�.�.w..-�+r:�•.� Borrower. Lender may choose to mnke this refund by reducing the pr[ncipal owed under the Note or by making a di�ct
<br /> ;:a;,`;•:.;;.:� �'�-�� payment to Borrower. If a refund reduces princlpal. the reducdon will be treatod as a partiui prepuyment without any
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<br /> •;�.;�;rr. ,t,>•,.i.,. prepayment chnrge under the Note.
<br /> " . '•.t;';;'r' 1�.No4iaes.Any noNce to Borrower provlded for in this Secur�ty Instrument sliall be given by delivedng it or by mailing
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<br /> • • it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Addc+ess
<br /> "'�:�:��'•� ' ° " or a��y other address Borrower designates by notice to Lender. Any nottce to Lender shall be given by first ctass mail to
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<br /> • Lender's addre�s stated herein or any other address Lender designatcs by notice to Borrower. Any notIce provided for in this
<br /> ,,,�;; '':;��`.;�':;_�� Secudty Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. "�=f
<br /> �"'°,�'. • ,:•f;,•':�, 15.Goveruing Law; Severebility. This Secur[ry Insuument shali be govemed by federal law and the law of the
<br /> '�'�'' jurisdtction in which the Property is located. In the event that any provision or clause of this Security Instninunt or the Note
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<br /> �;:,; „ conflicts with applicuble Iaw.such rnnflict stu►11 not affect other provisions of this 5ecuriry Instrument or the Note whieh can be
<br /> �;;:1 ,, given effect without the conflicting provision. To this end the pmvisions of this Securiry instrument utnd the Note are declared
<br /> . ;,,�.,,',. to be severable. '
<br /> � ''l`!�;:::�: 16.Bormwer's Copy. Borrower shall be�given one conformed copy of the hote and of this Securiry Instrument. .
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