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<br /> payments may na tongor bo rec�uit�ed.at ttrc option of I.cruier,ii mu,��;��e i�isurnw cove:sS���"•s r`�`�f°r.the°alod
<br /> that t.er�cler reyuire4)providcrl by u»icasurcr n}provcd by B.�:nder uguf�ti becamcy nvciilable nnd js nbta6nal. Bnxrower ehall�y
<br /> the prentSums rcyuired t�nta�ntafn mortguge ir�surcuicc M�ffect,er to provtde u Inss r�sr.rrc.unti)ihe teu,ui�tment fnr mc�rtbN�e
<br /> insuraiva enda in accor�nnca wlth nny wdtter sg�t�ement betwexn 8orrower ancl[.ender or applir..�bla law.
<br /> 9. Inrpectlon. l.cnder ar It:� egc�at miiy mako�easanablo eAtricw�pon and i�upecdons�f the PropeRy. L.endrr ehxll Qive
<br /> Ff�nuwer notice xt tho time�►f or prlor tu an inspoctian epecifyi�tg rea�iruibte cnu�;e for the inspectlon.
<br /> 10. Cundemnatlon.Tha prcx;ecds of nny awurd ur rlaim fiir dnmages,dircct ur eonsetluentiei. In cannati�n wlth nny
<br /> cundaruwtion or athar wking uf uny pi�ri oF the t'copecty.or tbr ronvcyu�Ke��� 11cu uf car.de.mc�tic�n, ate htrNhy�+sql�ne�{•r.e2d
<br /> xhall t�c patd to L.crnlsr.
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<br /> In thc cvcnt of a totul tuking c+f the�PrnpcRy.thu prc�cods shull be upplial ta 1ha sums�sccurat by thls Securiry ngtrument,
<br /> whethcr or not thcn duc.with any cxoess�ald ta Borrowcr. In thc event of a partiail taking af the Pruperty in whic� tho fair ,
<br /> market valuc af tho Preperty immedfately before Yhe taking is equul to or grr,uter than the nmouqt of tlx sams sccurai by this
<br /> Seeurity Instrument immediately before t�e tuking,unless Borrower und L.ender otherwi�e up�ree in wdting. the �ums secured by
<br /> this Securlty Insuument shW!be reduced by the amount of the procecds multlP�ied by the fullo�ving frnction: (a�the tatai
<br /> nmount of the sums securcd immedlately before the wking,divided by(b) the fair market vnlue of the Property immediatoly
<br /> before the tuking. Any balancro shull be pgId ta Borrower. Yn the event of u pardal tukjng of the Prtipetrty en which the fair
<br /> market value of the Properry immediately ksefore the taking is less than the umount of the su+ns securedlmmaiiately before the
<br /> taking, unless Banawer und Lcnder otl�ervviso agrcc in wdting or unless upplicable law otherwise pmvides,the praceeds shall
<br /> ba applied t�the sums scxured by this Secueity Instcuncent whe3her or not th�sums are then due.
<br /> If the Property is abandonecl hY�'R°"'er. or if.ufter natice by L.ender to Borrower that the condemnar affers to make an
<br /> award ar settle a claim for aiamuges, Borrower fails to respond to Lender wIthin 30 days afteT the date the notice is giveu.
<br /> Lender is uuthorized to collect aad apply tha procoeds,at Its oplton.either to restoratiott or rcpair of the Praperty or to the sums
<br /> secured by thia Secudry Instrument.whether or not then due. �I�pA of proceeds to principal shall nat extend or
<br /> Unless I.ender end Borrower oWerwise agtee in writing, ar+y app
<br /> postpone the due date of the monthly paymerns referrcd to in paragraphs 1 and 2 or change the amount of such paymeats.
<br /> 11.Borrower Not Released:Forbearance By Ixnder Nat a Wutver.Extension oF the time for payment or modificatIon
<br /> of amurtizatlon of the sumv secured by this Security Instrument gcc►nted by Lender to any successor in intemst of Borrower shall
<br /> not operate to releass the liability af the ariginal Horrower or Bonower's successors ia interest. Lender ehall not�reyuired ta
<br /> commence pmr.e�i�ngs against any sucassor in interest or refuse to extend time for payment or otherwise modify amortlzntion
<br /> of the sums secured by this Secudry Instrument by reason of miy desnsu►d made by the original Bonower or Horrower's
<br /> sssc�sSnrs 14 i�ttPt+�t Any terbearance by Lender in exercisin�any right or remedy shall not be a waiver of or preclude the
<br /> exercise uf any right or remedy.
<br /> °�;,. !2. Successors and Assigns Bouna;Jotnt and Several Liabll(tyt Co-�i�,mers.The covenan�s end a$reernents of this
<br /> -;�:��' 3ecurity Instrument shall bind and benefit the successors und assigns of Lender and Borrower, subjxt to the pmvisions of
<br /> paragraph 17. Borrower's covenants and agreements shall be jolnt aad sever�l. Any Borrower who co-signs this Securlty
<br /> Instrument but does not execute the Note: (a) is co-slgning this Secudry Instrument oniy to mortgu�e, grant and convey that
<br /> Borrower's lnter�st in the Property under the terms of this Securiry Instrument;@) is nat personally obliguted to pay the sums
<br /> ,:, .. , secure.d by this Secudry Instrument;and(c)agre�that Lender und any other Borrower may agree to extend,modify,forbear or
<br /> ' _ «•:�� make an y accommadetions with regnrd to the terms of this Security Instrument or the Note without that Horrower's consent.
<br /> 13.I.oan Chargcs.If the loan secured by this Security Instrument is subjece to a law w hic h se t s m a x i m u m l o a n c h s�r�e s.
<br /> '�"'�' und that law is finally interpnted so that the interest or other loan charges callated or to be collected in connection with the
<br /> loan exceed the perntitted limits, then:(a) any such loan charge shall be reduced by the amuunt necessary to reduce the charge
<br /> ;,-;+�. .. �. to the permitted limit; and (bl any sums already collected from Borrower which excee�ed permitted limits wtll be refunded to
<br /> ��s`:'�' Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct ��•
<br /> � ��►="� ment to Bormwer. If a refund reduces principai. the reduction wtll be treated as a partial Prepayment without any �:��
<br /> .�-::�";;. , pay �
<br /> � M�Yr, i': - .X�,'y.
<br /> � prepayment charge under the Note.
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<br /> ;6��:-.�., 14.Nottces. Any notice to Borrvwer provided for in this Securiry Instrument shall be given by ddivering it or by mui ng
<br /> ,�:�,:
<br /> ���=•- • ft by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address
<br /> :jr, .�. • ... �I�l''-
<br /> �?°� , A`�• or nn other address Borrower designates by notice to Lender. Any notice to Lender shal! be given by first cless mail to ,'.:::;
<br /> , .. , y ,,;;.:,
<br /> "•-•= - L.ender'.r•eddress stated herein or uny ahernddress Lender designates by notice to Borrower. Any notice pcovided for in this
<br /> � a�"y�-'•� �` Secur�ty Instrument shall be dcemed to have been given to Borrower or Lender when given as pmvided in this paragreph. '���,"`
<br /> 1S.('�overnlnq Law; Severabiltty. This Security instrument shall bc govemed by fedcral law and the luw of the
<br /> .'r• � �` jurisdicdon in which the Property is laated. In the event thAt any provision or cluuse of this Security Instrument or the Note
<br /> •�'��.�G . .�� ,.
<br /> ',x,�,,.;:,� , rnnflicts wtth applicable law,such conflict shall not affect other provisions of this Security Instcument or the Noce which can be :._
<br /> �r�. �`•� �iven effect without the rnnflicting provisian. To this end the provisions of this Security Instrument and the Note are declumd �''>,
<br /> � ' � �� . .L; to be severnble.
<br /> � � 16.Borrower's Copy.Horrower shall be given one conformed copy of the Note and of this Security Instmment.
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