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<br /> .�F�Y'-k sc� ais..tVt� sa.b.4' ._ _ � . . . . -- --
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<br /> -:-��z=�� nts no tan �he req��red,at the opt�oa of Lertder.if moitgage iasm�nas wveragc('sn the azaaunt aa3 fbr ahe p�ttac!.. °
<br /> -- .�;.-�a� �� �Y g roved by Lender again 6eooai�avail�tle aud is a�sain�.Botrowcx�sha.�#pay ' ,
<br /> �- - th�,Lendez requtres)Pmnided by�►insutet aQP
<br /> ..:_iJY�a-.�-T.`: '
<br /> �-t��`�� �wns re{{uirPd to maintain�or¢gsge insuxance w e�t.or to provide a tass cesene.unril die requirer�ent for a��rt�g4
<br /> ;_�u�4. insuea�►ce end�in uccordance witb any written a�cement benv��c►►de�ov`rer and I�dea os�af thel ProgectY:L,er�1:r,shall give, .
<br /> Y-�..•�.=� 9.Ingp�toa.i�nder or�ts�agr,m may m�.e m.�onable entdes t�and inspecti _---
<br /> -��� �, n reasonabte cause for the inspectian. ,
<br /> -�' ,�: . Bflirower not�ce'r.i the time of or priar ta an insg�tion specifjri S
<br />-"� ��� ;� " 1�.Cand�tnati�n.Tfee pmceeds of arry a�vard or daim for dama�es, di�ect or aonsequenti�. in ccsnneccion ait.f�any
<br />'x��� .�`:'.'':�, condemnation or othes taking of any part of the Pro�res�.y.or for conv�yrance in lieu of coadea�tio�.are herzby rssi�ac� �.. .
<br /> , � F •' . : .
<br /> �� i _,.5 StFfl��bL'�IS!]d t0 j..�Cf. , � (�sctsilmehY.
<br /> !
<br />-i'.� ,, ,� :'`•. In the event of a total taking of the�copertY.the proceeds shall be applied to t�e suais seturad hy this�e.a.urtty .
<br />.�i,�_, ;,�;y,`,', of thc Praperry in wluch th�fair�
<br /> -- �.;; .�� whethec or not then due.�vith any�exoess paid ta Borrow�er.In the event of a�p�ttita�.��
<br /> - _�.�r;�,r4;�. market value af the ProPeriY immediately befare the taking is equal tn or greater than tite amount af the sum�c secured by this
<br /> �-�����. - Seauity Iastn�ment im�nediatedY befor�We ta�sing,unless Borro�ver and Lender othemrise agree in writiag.the sums,azcured by .
<br /> - - m mvitiplied by tE�e fa1lovyi�g fraction: (a)the ta�1
<br />_.._.���.: . .. �:,;
<br />-._� :�c.�;,•,t,..r t6is SeciuitY Inswment shatl de reduced by th�:amount oF the pmc�eds unnte�iatr.tY .
<br /> -�-`.°�'`��,�•�� a�onnt af the sums secvred immediately befon the taJcing•divided by(b)the fair market value of the Prop.ertj►� :
<br /> 6efoie the ta(aa�g. l�ny balance shall 6e paid to Barmwer. In tP�e ev�at of a par�ial takin�of�Property in whicb the ftir
<br /> -�`'-,�y'��,� v imme�liat�t befare the talang is tess tt�an the emnnnt af fhe suias wecure8 Immediately 1�efQrE t1x .
<br /> #;,., market aIue of the PropertY� Y �
<br /> �� ��=4- ta�in8.unless Borrower and Len�_otherprise agee w writing or anless applicable taw ethcrwise proYides..the psac�aeds sbal!
<br /> � ;''��,':�:��`-� - . . ..
<br />---�,•u:.��.,� ;.� be appiie8 to ths sums secured bY tiii�.�tY Insuument whether or not t6e snmg aie t?�e8 due.
<br />_�:��,��
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<br /> - ,r; • If the Property is abandoned 1�.�li(?rtp7,�:or if.after notice by I.ender w Barrovver that the ca�emnoi ot�eis�o matce a� •
<br /> �J'�'� award or settte a claim for dama��, Sdiiiuvres[aii$to cespo�l to L�nder within 30 days aRer the date the notic�e is'giren, .
<br /> '''"'"''M`�� Lra�der Is anWorized t�eo]tect and a,�pTy the pmceeds.at its optian,either tn resto�ation or repair of the Pcoperty or w�sur�
<br /> $ g ;_ �"' 6';_ Secuted by this Security insuumem.whether or not ihen dtte. tir�tion of to rin�:i st�aIl nnt extet��E,a� . �.
<br /> �- � -- ' in writin ..
<br /> .• ,-�+�?�,�-. :: -.. _ ..-Unl�+s Le�der.and.Borrower othe�w!se.agree--.-- . E•�Y SPP�..2 oi �e amaunt of s�ucb � . . �� :
<br /> ,`.�_�.:::"• Postpone the due date of the mnnthlY PaYTnents neferred to�n paragraptis 1 chaage th p$Y�
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<br /> i=;_":�.•;�:[:'i� 11.Borrower Not Released:Forbearance By I.eader Noi a Wraiv�.Extensian of the time for paymeut or aeodifr��
<br />_ . •�'�-'• t�b Lender to any suacessor in interest of Bo.crower sftall
<br /> ;•': - ,%•.;`'' � of amortiTation�of the sums secured by this Se�urity Iastiu�ent gran Y �
<br />',"�:,. �-. .
<br /> .�;,::�':: :.-- -- aot operate to release tite lia6ility of the original Borrower ot Eor�ower's successots in interest, Lender.shall nat be mquir�.d to.
<br />: + `� ;�.;�;.'. ` commence.�roceedings against arty successos in i�erest or refase to extead time for payment or othetwise rQ�d�y amor�i°Q
<br /> � of the sums secared by this Securiry Insaument�hy �n of any dernand made by the original Borrowes or Barrower's
<br /> ; .,�,�. .. '" successan in iuteiest. Aay forbearance by.Lender in exercising any right or ma�edy shali not Be a waiver of or prectude ttie
<br /> _ .� , ,, exe►ra�epf aay rig�t or remedy. 'The co�tenants and a�reements of this • . !
<br /> : � .. �2. SuccRSSOrs and Assigns Botind;Joint and Setietal Liab�ity3 Co-signets•
<br /> n
<br /> ' Securiry Inswment shall bind and benefit the successors and assigns of i.eader and Borrowet.'subject to tha prorisions of
<br /> _. _ ,, paragraph 17. Bo�rmwer's covenants and agreements shall be joint an� several. Any Borrower who co-signs this 6eeuritY .
<br /> _.. _ . . ��ent but.does not execute tlte Note: (a)is co-signing tfns Security I�strunsent only to mnrtgage.grant and convey tLat
<br /> _ . ., ';;�,��f'.'�• •r;. Borru�-er's interest ia the PropertY ander the terms of this Sacurity[nswment:(b)is aot personaity obligated to pay tha sums
<br /> � � :,,,g,. • s�b y t h i s S e c u ri f y I n sm�meat:and(cj a g r e e s that Lender and any other Eorrower may agree to extead.modify,farbear or
<br /> � °"-� " • � malce any accommodations with cegard to the terms af this Securiry lnswrnent or t he Note wi t S iou t t h a t B o r r a w e r's w n s e n t.
<br />;;.-; . . .�, .
<br /> - '��-��;;•::�:+� � 13.Loan Charges.If the loan secured by this Secvriry Instnrment is subject co a law wteich sets maximum loan charges,
<br />_�_,.;: '', � and that law is finalty interpreted so that the'cr,terest or other loan charges collecced or to be cal:�ed in connectian with the
<br /> �'•-��'�`°~"' loan eRC�d t1�e p¢nnitted limiu,then: (a)any such loan charge shaU be redaced Dy the aznount necessary to reduce the chnrge
<br />,�; �... , . .. .
<br /> ' , ,� to�fre..Pemiitted limit:and(b)anY sums already collecte�fram Borrower which exce2ded permitted limits cvill be refunded to
<br />�"�'%�'`�°��'���� Borrower. Lender may choose to make this �fund by reducing u'�e principal owed under the Note or by ma!-�imo a direct
<br /> _�.,_,_L�t,.. �: ment without any
<br />- - Qayment to Bosroa�er. If a refuad reduces prirtcipal. the reduction avill be treated as a partial prepay
<br /> -- .� : prepayment charg:ar=der the Note.
<br />'"~ � G � n4.Notices.Any notice to Bortower provided for in thi�Security Instrument shall be gi�en 6y delivering it or by mailittr
<br />`�' • °� . it by.fwsc class mail unless applicable law requires use of a..^other method.The notice shall be directed to the Prog�rcv Address
<br /> � ••�,'::�:?....
<br /> r • � . � or any other address Borrower designates by notice to 1.ender. Arry natice to Lender shall bc given by 6�t cfi�� mai] to _
<br /> ' � � Yxnder's address stated herein or any other address LendeT designates by notice w Boaower. Any notice provi�ed for in this
<br />� � �-��-='- �=' - Secnriry instrument shali be deemed ro have been given to Borrower or Lender when given as provided in this paragtaph•
<br /> ' •- ' � • 15.Governing I.aw; Sevecability. 'j'his Security Instrument shall be govemed by fcderal 1aa� and L'�e law of the �
<br />'-�..: � • jurisdiction in which the Property.is located.In the event that any provision or clause of this Securiry Instrum2nt nr the Note `.
<br /> - � ' cunflicts aith applicable law.suc�conflict shaU not siffect other provisions of this Security Instrument or the Note�vhich can be �
<br /> .�•. s
<br /> ��r � . .. �iven effect withont �he confticting provisioa.To this end the provisions of this Securiry lnstrument and the Note ate dectared �,.
<br />.,;�..• '. ' .
<br /> ���� ��-.. • to be severable.
<br /> � " p g of the Note and of this Security Instcument. �°
<br />��. • A ,; 16,BorrotvePs Co y.Bonower sha11�e iven one confcm�ed co�y
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