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<br /> • � (14 Q�l� U�)t!Q�:11 fa7 �I.;i1t�Ci�1� fi�lOP7�IC�J flII:US�]ItC.^, (3]Vi.?il�D �lil �il': tlfd[7Ui1C (lfit� �IYi YI:, p:::7idltl e�i:i`a��.�u�:... �i�.'1{#fi7� I
<br /> —��;,.,,�,,,,;�� P�c�vlcierl Uy atl 1f1�UiC1•ai���ro�rccl{�y I.e;iaic�again lrecosne3 avnilabl�end in aL•toiiicd.�3urro�acr cii�ll E::�y 4ho�;;r:;aiu;n:� L��__.:
<br />— __°�-•�_;R v r�.7uleex9 to maintein martgago irsuranca in eficct,os to�ravido a los� c°e�;rve, until tho nquirnment f�r rnursgago --_-
<br /> ,.:��...�;:�y'�.,:,.� inrucanco czxds in accordnncc�c�itQ►s�ny cvritYen egreesnetst�etwccn Barrocver and l.endes ar appJicabla le+w. =—
<br /> ___ _ 9. Inapection.J.ender or its egent may meko re�soneble entrie3 upon and inspectiona ot tho D'ropcirzy.l.onder eSs�ll
<br /> =�" `" �A ::.� give BorrowEC noticd r�t tlza tirna of or px�Dor to an inspectian cpa:ifyin�rea��nable cauce i�r tha insptctia�. nr,; -
<br /> ---_ ' . 10.Condornaation.The�roceeb� oi nny awerd or alnim for dameg�s,dir�act or co��,9oqu�ntiai,in connoccion with `-
<br /> -- --___ - any condemnetian or other taking o!eny part of the Property.or for conveynnce tn fieu oi condemnatin�,aro hereby
<br /> __�"'���?;;���� osatgned nnd ehall be peid to Lender,
<br /> �=-==`-- In tho ovent of a totel takiag of the Property, the proceode ahnl! bo eppli�ed to tho eums secured by thie 5e�curity
<br /> ---�T�����,3�:�9� Instrument,whether or not then du�,with any on;ese paid to�inowor,In the ovont of e partiol taking of the property in
<br /> --y''���'-="="�•�c� which the tair market valua of the Property immedistely before the taking ie oqual to or greater than tlYO amount of tho =
<br /> '�""-'-```�':`'" ���q''� suY�ie securad by thie�ue.r.urity Insirumcnt isrsmr,cliateIy hc4orc the taking,unl�a Eorro^�er and I.ender otherwie�°,�groe _
<br /> �-��='��`�+'�w�'� in wrttin ,tho sums socured by thie Security Instrument ehnll be reduced b the amnunt of tha rnceeds multi liad by
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<br />�-��":=-��-,.������.-:.,� the fullowing feactian:(e)the totrl arnount of the sume eecurad immcdiately befare the taScing,divided bp(b)the teir
<br />—s � '�� � '� ' msrkct vnlue of tha Property irnmedia2ely before tha 4aking.Any balanca shsll bs paid to Borrower. In the event ot a
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<br /> -'�'•�°���� �"'�"-" paxtiaf taking of the Propecty in which tha[air m+uket value of tho Proporty immedie?�ly before t'ie 2E:king ie lesa then
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<br /> :�.,•r.,;,,�,;;:Q,'� :» tAo amount aP tha sums secured irsc►mediately before the taking,unless Barrower and I,ender other�•i�e agree in writtng
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<br /> �.�,�.1: „ -.. ';Y��„ or unle�applicable law otherwise provides, the praceeds shall be applicd ta the sume Eecurod by th�e Secunty
<br /> __.;� �°-���• lnotrumcnt sahcthar or not tha�3rais are then d�se. -
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<br /> ;.,:,,,.: If¢he Property is abnndoned by Bosrower,or ii,after notice by Lender to Borrower that tha condemnar ofiereto
<br /> V� - make an nward or sattle n�laim for�mages, Borrower faile to respond to Lender within 30 dayo after tha date the
<br /> .�,i � nmtice is given,Lender is au�thorized to�ollect end apply the procecds,at ite option,either to restoratia�or repair oY tha _-_
<br />- � . , -. Pnnpesty or to tha suma secured by thie Security Instrument,whether or not then due.
<br /> Unless Lender and BorroNer other�iss agres in writin�,eny npplication�P procacdu to principal shall not extend or _
<br /> ::�' , postpono the dua data of the monthly payments referred to in pnragraphe 1 end 2 or change the amount o4 such --
<br /> � " paymento.
<br /> "' • 11. Borrower Not Relase�; Forb�ar�nce �by Lemder Not a W�iver.Extension af the time for payment or =
<br /> -� , modification of amortizedon o4 tho surne secuted by thia S�curity Inetrument grented by Lender to any successor in -
<br /> .. interest of Borrower shall �at operxte to release the liability of the original Bonower or Borrower e euccessors in _
<br /> • interest.I.ender ehall�ot ba required to commence praceedinga against qny successar in interPat or refuse to axtend
<br /> ' t1IIl0 IOI[laymctii uP�iiiciwlcso aiaan3iij nifi�f:Zo2i^vSI ae L���i2IT:�"°'7�f���Ih23 CP..."'.»rlt�InG*t,�•nP�r hy r��nn of any --
<br /> � • demand mada by the origiaal Borrower or Borrower's successore in interest.Any[orbearence by Lender in exercieing
<br /> `� any right or remedy shall not be a waiver oi or preclude the exercise o4 any rip,ht or remedy.
<br /> 12.Successors�nd Asslgns Hon�md; Joint and Seversl Liability;Co-signere. The covenants and agreem�nte
<br /> of thie Security Inatrument st►all bind�nd benefit the ouccessors and er>signa of Lender and Borrower, subjoct to the _-
<br /> provisione of paragraph 17. $orrower's covenante snd agreemente shall be joint and several.Any Bomower who co-sign� E�;._
<br /> this Security Instrument but does not executs the Note: (a) ie ccrsigning this Security Instrument only to mortgage, -
<br />= ' grant and convey tt�at Borrower s interest in the Praperty under the terms of thie Security Instrument; (b) is not K�
<br /> personally obligeted to pay the sums cecured by this Security Instrument;and (c) agrces that Lender and any other �`
<br /> Borrower may ngee to extend,modify, forbear or make any accommodations with regard to the terme of this Security '
<br /> Instrument or the Noto without that Bonower e ccrosent. �
<br /> , •. 13.Loan Charges.If the loan secured by this Security Instroment is subject to a law which se*s meximum loan =-
<br /> charges, and that law ie finally interpreted so that tha interest or other loan chargea collected or to be collected in �
<br /> ' connection with the loan exce�d the permitted limits,then: (s)any such loan charge shall be r�educed by the amount �-••
<br /> - ' nacessary to reduce Ehe charge to the permitted limit; and �b) any sume already collected from Borrawer which �;�
<br /> , exceeded permitteci limite will be retunded to Borrower. Lender may choose to make this refund by reducing the �r_,;
<br /> principal owed under the Note or by m�king a direct payment w Borrower.If a refund reduces principal.tha reduction _�
<br /> �- will be treated na a pactial prepayment ivithout any�rEpayment charge under the Note. ��--
<br /> • 14.Notic�s.Any notice to Borruwer provided 7or in thia Security Instrument shall be given by deliverin�it or by e"�=_
<br /> , mailing it by firet cless mail unless epplicuble law requires usz of another method.The notice�h�ll be directed ta the �``�'
<br /> • `•`''`' Property Address or eny other address,Borrower designates by notic�to I.ender.Any noti�;e to Lender shall ba given by '�=`"
<br /> = ' �' " ' [iret class rnail to Lender's addresa stated herein or any other address Lender designates by notice to Borrower. Any ,-_
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<br /> . ,. ...,,i �'��'��;i�,'' notice provided for in thie Security Instrcment ehall be deemed to have been given to Borrower or Lender when given .
<br /> ��' � ��ti. es provided in thie paragrAph.
<br /> ��'�. ���' . 15.Governtng Law; Severabil{ty.'Thie Security Instrument shall be governed by tederal law euid the Inw of ths
<br /> � ; ' jurisdiction in which the Property is located.In the event that any provision or clswe of this Security Instrument or the �
<br /> .. - Note conflicte with applicable law.auch conflict chall not afFect other provisions of thie Security Instrument or the 1�'ote
<br /> � which cnn be given effect without the canfiicting provision.To this end the provisi�ns of thie SeCUrixy Instrument and
<br /> ' ` the Note ere declared to be severable.
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