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<br /> _�: ��` `� ' . - ;� �9�Ct140E� �.�'�� ����(� . r��=.� ����j,`� p� , -
<br /> �:�� � ��`l . '�. at t&e a�tion af LaflBes. ff mortgage iasuranx aovetug'3 (ia the amaua�and for e getia�that`�.ender rexl�es) .� _ ____
<br /> ti�:`� �. k:_'h:; , , ` �rrovided bp aa ipsurEr�pprove�b�Lend,.�r agai�n�maes avs�a6Ie and is ob4aiae�.Bmm�er shali p3y th�g�remiumn , �.� --_ _-
<br /> ,���s � , requir�d to mai.naia mortgage insvrsrtce ia eff�t,ot to pravide a Ias�r�sve. tm�t tho eeqv?remes�t for•r�ort�&a �� � _-_ -
<br /> �� �_ .' �
<br /> �.;�f ���;' � insurau�e e�ds in actwrdansx��thflay wFitten agt�ment b�i�an Borto�rsr at�lr�der or agp9icable law. _
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<br /> �F��� 9�sgecsia�.Lenderaritssgmt m�y ena�sc�auab2�eatri�uponsadinspectio�soitheFropert�.Lendershall� - --
<br /> ., � �f�; ; —
<br /> ,� �. : `� � giva Einro�rer nn�ce at the time of�rg 'mt to asa i�s�iaa sgecifyin�reasoaab2e cau�fos ths`inspecti�a. . . ' y _—
<br /> � °� Im�de�tion.TIt�pr�sds oi'aay ncvard or clsisr►far dam�es.direct or wits�:cntial,in connectioa wit� r ��� --.-
<br /> �!*:,:.c . ` ''. . �=
<br /> - .. �y eo�mnntian or other tafting o!anp�s�R of the Ftopertp.or`iQr coa've�an.�x in lieu oY Aondem�atian are dcs4eb �'`°��" ---
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<br /> 4 "• _— � A.�_�8Il4�&�IS��$�p8td 40�Ct. . - -�`
<br /> ,:-f la the nvent of e totel t�stg ai tL+.e Feoper6y�ths groce�ds sha11 be appli�tfl the suma�1sp ttsis fiecuritY . a ,,,� -
<br /> - �i . f . —_--
<br />-�-' Iastrnine�aE.�vhetksr or aot then due.witb aap esc�paid w Borrocver.In the even4 ai a pariial taking of tha Froperty ia r�;,,�..
<br /> � .� ' '>��` whicL tfle fair markei valus of t�e Ptopertq im�sediately befox�tt�e mkiag ia equ�w or greater t1�the amotmt o�the ,�Y�,� .�
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<br /> 's` �,�-� sums secured by 4his Sea�rity Instru,raeat imsnediaoely befai+e the tskiag,�m2�s�orrower and Lead.r otherwise.agcze � = =_ _
<br /> `< na writing,the sums sxured by tt�is Security Iastrumeat shall be rsd�oed by the amouut af the graca�s muttiplied tiy �:� - __
<br /> ti �
<br /> � ' the fallowing fraction:(a}the tatal amoust of the svms�immodiately befose the takiag,dividPd by Ib)th�fair �, _ -__
<br /> ' �;�...� markei rralve ot the Frape�tp iarm�diatelly txfore ti�e ta&iag.Anp 6alause shall be paad to Borrower.In the c�reat of a � � _-
<br /> �t.� �' f ' �Satisl tel�iag of ths Progerty�a which 4h�iair maricet valne of the Property immediately before t�e taYi�ng is!e�thaa — _
<br /> �::;_. , - the amouat Qf the svms seeuced iaimediately before the ts�ing.ua1�s Bonower aad a.eader otherwise agree ia writing �- � ___°�'��`.
<br /> ' ` as uales9 agp3icav2e law oiherivise Provides. the p:nceeds ehaIl be app9ied ta the s�ans eecured bp tLis Sa�rety , %[,��� } � - --
<br />--- u..' , . �9itilaiCIIt W�1Cl�Ci OY II�t t�lE�ImB 8iB tIIBII dU2. �+�=� __
<br />�_=;,_�` ,,+�::�. .� '� If t�e Propesty is abandnned by Bamuwer,or i�.after notioe by Lender w Bormwer tbat the wndemnor oSers to �;_;�.
<br /> •=� snafus an awsrr3 or settle a claim for damages.Botrucver fails to r�o�d to Lendet�vitirs�3U�ays after tive dats thc �. - -
<br /> �- }4'� 'i:� riotice is givea,I.euder is sutharizea to aollect aad apply the proce�d.�r.at im ogtion,either to restarationor regair oi tbe ' - _�- -
<br /> � � Property or to the svms sec�ued by this Se�uritq Instrument,w�ether or�ot thea due. � "`-�.���`
<br /> � Untess Lender and Borro�rer other�*iise agree in writiag,aay appficatiaa of proceeds ta principal sLaU not estead or ---_
<br /> �sS�rze the due date of th� monthlY PmY�eats refetred to in.PasageaPhs 1 ead 2 or cLange the amouat of such �����
<br />�', . ;' payaae�uts. -_-- --
<br /> '�i� , .Y.h �.. ' il. Bonower Not Beleased;Forfsearance By Lender Not m Waiver.Eatensioa'of the time for paymetit or . ' _ -- — _ --
<br />'�-;`�;� modification oi emortiaation of the sums er�ured by this Security knsttrument gi�nted by Lender w any�or in y_�
<br /> - - - - - . i�te�st af Borrmw�er sba11 aat operate to relesse the liability of the original Borroarer or Bo;ro�es's a�oss 'sn :-�-`--�h`�--
<br /> inteses�Lender eha11 aut be required to onmmence gr+oce�dings agaiast any succe�or in inierest or refuse to esteiad . . �'_ -
<br /> ' . o.. ` � time for gayment os otherwi�madif9 amorti7ation af tbe sums secur�d by this.Serurity Iaswment by rea�n of any . "' _ �s`-�..`
<br /> : .. • demead mads by the original Bott�wer or Bortower's sttcce�ors ia iaterest.Anp forbearance by Lea�er iri e�rcising `.• ��, ' .;,f
<br /> . , . , :�; •, any right or rem�y sAaU not be a cvaiver of a�preclu.de the egercise e�a��riP,ht or remedy. �.� .. :� ',:,�;;�.
<br /> � . :. �• 12.Susxess�ss aud Assigas Bound;Joint aud Several L�s�q;Co-signers.The covenants aad agcee�ents
<br /> . .. �:,..
<br /> . . . . � 04 tbis Security InstNtnent ehall bind and beaefit the saccessots aad c�igns of Lender and Borrnwer.subject to the :::.� .
<br />_- � . gzsi�;�ns of ParagraPh l7.Borcower's covenants and ag;�eements s�all be joint:iud severel.My Basrower w�n co signs , .���.
<br />� , ... . t�is�'iecuritq Instnrment but does aoi esec�rte the Not�(a) is co-signing this"�arity Instrument oaly rn ar.nrtg�ge. '�.
<br /> , graat aad coavey thet Barrower's interest in the Property undet the tetms of this Secusity Instrumenfi (bj is not �:` �
<br /> ' . � peisons�Ilq obligated to pay the sums secured by thia Security Instcunienfi�d (c)agrees that Leader aud aay other �„�
<br /> p son
<br /> ''•..��: . • . Bosrower iaay ag�ee to eatend.ma�ify.fmrlrear or snake any accommodations�vitb tegard to the terms of this Secwity ' �„j .
<br /> _ . ��,:';j�,�,: Ias�.�entor the Note withoutthat Borr�v�er's caasen� ; :t+�;
<br /> �����:- : ' . 13.Loaa Clsarges.lf the loan secured lsy this Security Iastrument is subject tt�e law�vhich seis masimum loan . wr�. ` ��:
<br /> ':�;t ' � . charges,and that law ia fiaally iaterpneted so that the interest or other loan charges collected or to be collected in f`:" " •*� �'
<br /> - ' � . conneetion with the loaa esceed the pennitted limits,theu: (a)any such loaa charge shall be reduced by the amount ..: "'•����
<br /> ���3� -<��.-:•;},.� � � . n�ry to red�roa the charge to the permitt�limit; and (b) eay sums already wllected irom Btirrower wluch � ,�-,1 Jf '<,�;.
<br /> � `��' esoedded pemnitted timits wili ba refuaded w Bonawer. Lender may choose to matce this reftmd by ra3ucing the : .: �_..
<br /> .���:�.:. ; ed re m .
<br /> • - 'ncigea owed uader the Note or by maYit►g a direct payi�tteat to 8orrower.lt a refuad reducea naci the reduction . • '�`" ���
<br /> _� ._ _ Frs p � 1�•
<br /> =" w�Cs��rreated as a partial Preg��ment cvitl�o�t anY P�Y�cnt charge under the Note. ' ���� �`� . �-�-
<br /> =' �'�'� . � 14.Notice��s.�ny notica to Borrower provided far i;e this Security InsWment shall be given by deliveriAg it or�g .. � : �=
<br /> �}'� ' m a i}i n g i t b y�i s¢�c l a s s m a i l u n l e s s e p p l i c a b 3 e l a w r e q u i r e s u s e of another methad.The notice shall he dir�ted to t�e . � � . ,,�,.�:��
<br /> .� � � Property Address ar any ot6.ec�ddresa B�:rower desigaates by notice to Lender.Any motice w I.ender sha11 be�ven by �` �. . �;��;t�i`'
<br /> .s.,. �,•:j;�' •.-.� •- � .
<br /> _Q .:�`i;�,��r�, �i '
<br /> first clasg mail to L e n d e i's a d t i►�e s s 9ta t e d hetein or anq ot her a d d res� L e n der desigaa t e a by no i ice t o Bano w e r. A n y "ti 9i;,; �'�
<br /> -_ . �.'..� notice provided fos in thia Sec�.c.^ity Iastrument shall ba deemed to have been gir•e�to Borrower os Lender cvhen�iven . ;�.'l�'"'y•. •.y�+-
<br /> . � .,.;; ' as pmvided in this paragrapb. ' . ��, �X��,•.`
<br /> = • ,' :�, 15.Govermr.ag Law;Severabititq.T1�Secuzitq lnstrumente4�uE1 be governed by federel law and the law of the � .',.;��';.,,,, ,
<br />=��= jurisdiction in wiri�the Propertq is located.Ia the event that any�mvirion or clause ot this Securitq Instrument or the � �7.;z���'
<br /> �=� � ' Nate cos�fliets witls appliceble law.such vonflict shall�t affect other'provisions of this Securitq Iaswment csr the Noto •
<br />' � � .• . � . , which caa be�ven effect withovt the conflicting provs�sion.To thia end the provisions o4 this Security In.�hvsnent and .. � , �
<br /> � . � tha Note are deel�ted to be oe��rable. . . -�'.. *
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