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<br /> , � � PaY��Y no Ionger b�tequired�a2 ti�optinn of Ieudtr.;�mo����o��,��o�,c,aaa ro���a � � . :`
<br /> , . . . .. tbat I�omdec c�fires)Ptov�l hY an�ap�avcd by Leudar agam bewmes availabte aaQ is ubmine�.Botiower shaU paq the , ` � �. �.
<br /> , � . . �uqus.requ�eQ to ma3nL�in mastgaga insu:aaae in effie�ar to provide a Iass rts�n+e,tmtil ttt�reqnir�s�t,far ma�gage �• ' = `� ---
<br /> . insu�soe aids in aomrd�with asyr a�a�t 6eiwee�Bouoweraad L�xtder or�pg2it�bb I�v. . : � ° .�`�;-
<br /> � 9 Inspedina. I�des ar im�ge�t may maka*�+�+�?h!P eatries apon aad mspecti,ons of the Prnperty.IeaQer shall give , - _
<br /> �' °' :. _ Bonawer aQtice at the 6me of orpiinr to�n iasgecdan syc�Ifytag rra�oua62e c�far the in��dnn. � � ..
<br /> _ ,,.'_ _. l0.Condemnatton. �.�areeds of any�ra�ar ctaim far daaoa�di�ect or co�en'n?1.in conn�n wi�attY. - -- - . : � ..:r
<br /> � ' condemaatian or oth�tatong of euy part of the Prope�ty.or for wnvey�ce is lien of cande�natIoa,a�Qereby asvgned and " •�2• `
<br /> . ' sba11 Da pald to I.eade� � � . � � ... � ,
<br /> .�.. - . . .' ... • In t&e ev�t of a taral taldng of the Propeaty,the�oceeds s�aall be apptie�to the�nms s�by tbis Sec�ty lnssrauce�t, � . --
<br /> . . ' .. wl�her ar uot thm�e.with�y excess paid tu Bormwer 1n ths ev�taf ap�tial taY�ng of the Pmperty i�v�*b'sc8 the6a m�l �. � `=', .
<br /> ` � ' . � vaIne af the Pcopeaty�me�eiy 6efa�e the taYing is eqaal w ar gceater than the amount of tk$sums secm�ed by dus Sec�icy ". .
<br /> .' � rn�t immaliateIy 6ef�e t�e tat�ng,tmtes4 Baaawet and I�euder ot��wise ag�ee in writn�8,the sums secared by dus • ' -
<br /> ' , �SEauiry Inst�umeat sGaD be•reduced by the amamnt af the groceeds mWiiplied 6y the faIInwing f�acCnn:(a)the mtal amovnt of • . ,. �• ,`�i
<br /> . .�
<br /> . ' , . . @te.sums seaaed imm�iatrdy befoce the tairmg,divided bY N)the f�ir mark�et vatue of the Acope�ty imme�liate2y befare t�e �� .., ,';-k-:
<br /> . ,•�....,. . '_, t s l�ng.A ay 6 a t a n c e s L a ll b e pazd m Bomuwea.In @ie eve�t of apa�tial�ng of d�e Pmpeaty in wfich the f�mad�t vahte of�e . . ,. • . �
<br /> � P�ape�ty i�medi�edy befote dte tadring is Iess tLan the �t of the sams seca�ed immediately 6efare the tat�g,Qu2ess ��• •. <,.-`= ---- _-
<br /> . . Boaowei�Lender athuwise�au writnng.or uNess appL'c�6le Iaw othedwise pmvIdes,the gtoceeds shaIl be appHed m�e � . . .-�.�.;,�.,..��:-.
<br /> , ' . ° . soms se�ed 6y this S�y Iasumonea�twhet6et or naL the srmjs are W�due. � -_
<br /> �.. ,', � If the Prup�ty is abandaned by Bairowe,r,ar i�af�ea nadce by�ea►d�to Bo�raw�a that ihe condemnar offeas to madc�an �°�%'�'z��"":-
<br /> ° �awaM as seute a clann for dama,ges.Bv�ower fa�7s to zespand to L�nder adrhin 30 days a$ea t6e date the notice is gtvea,Lender
<br /> .`-----.,_--.- - -... _.._..is anthorized.ta coltect aad applyaLe pioce�.v,-at-issi apunm,�,ithea tu�estarauan or repa�af We Pr�peny or-m�tttesums��- --.--�- -. � �, -- -
<br /> . , r bY f�L9 S�IY rIISM111AQiT,Rtj181h2!Of AOI111�d�IC. � ' '
<br /> � Unlcss Leader�d Borrow ' r.��.�'��y�.`
<br /> er a9ielwise agr+ee II►wrim�g,anp apptic�nn af p�ooeeds to p�iucigal shaU not eict�d or postpone �'" ,� =_�_-�
<br /> , , the due dare of the manihty paym�ts zef�aed to in pmagtaphs 1 and 2 or cliange the amrouat of sncb paymea�ts. � , :�:,��"
<br /> �� .` � � • 1L Borrower Not 8et�ased;Fos6euanoe By Lender Ntst��Vaiv� Extensi�n of the ti�e foi t ar modificasiou
<br /> ... , ., � . __ '
<br /> .. .. .
<br /> --- .._ . .- - _ .. -- - -
<br /> , .., . . -of a�aosa�a�an of the svins s�b tbis S_ '.. _ —
<br /> :� . Y �aniy Ins�mdeni granUed by I.ended m&ay saccessor m int�esi uf Boaowet sLaII. ' .,` _.,.
<br /> ' not operate W reiease the�+abifity of the ortgiaal Bmmwer or Bffaower's sucxessors in inte�est I.e�dea�Il noi be mquued tn .
<br /> • � ... cummeace Pmceedin$s against any saccessmr in�a�ez�t.or:efuse to ex�d time for payme�cc oa otheiwisa r.�od'ffy amonizadan of .
<br /> -.--- . . . ::.._�_ tlte�sams see�ed by this Secaricj►�suument by cea�on of any�d made by the arIgi�IIamawer or Bormwe�'s sa�ssors �;� �
<br /> ' ; in wterest.Any fmrbear�ce lry Leude�r in exacLvng any right Qrs�edy shall noi be a waivea of or psectude the exe:ase of any - •�°: r"� �
<br /> .. rIgbt or�y. � �
<br /> • � fZ.Snacrswrs u�!A�ssigns Bmmd3 Joint and Several Liabib!'y;Co�s.�e coveaiants and agc�m� of this .
<br /> . � .. . . Seca�ity Inswm�t shall bind and beaefit the svctessars and as�gns of�and Boaower,snb,je�t m the pmvisions of ': �
<br /> . - -- --, ga�a�aph 17. Barcower's cove�nxaLS and agceeme�ts shaIl t�,�mt aad sevea�al. Any Bomoarea who eo-signs this - .- � ' - -..
<br /> � `. tnm�rment bnt does aot execa�dr�Nota(a)is casigming t�us Sec�aity liiswme�i oniy w martgage.g�ant and conv� . ���''
<br /> . Borrower's inte�est m the Prape�.p vnder the te�ms of this Sec�ity Ias�e��(b)is aot personatiy obligated to pap the sums ,; •�
<br /> � t '.�
<br /> . • � . secu:ed by t�is Sec�ity Ias�nea�and(c)a�rbat I�eudes aud eny other Baraowe�r maY a�ree tn extrnsl.modifY.forbear or ° �
<br /> ��, � `-.�
<br /> . � . : make any acoommodations with�egard w the�of this S�urtty lnsuument or the Note wIthout tbai Bormw�'s oonseat . . ,�4.;, �_�:�
<br /> , 13.bo�n Chaig�,v. If the I�se��d by Siis Sec�iry Ins�nnent is sub,�ecx to a law which sets mm�im�loan cT�arges, � . -a .�,�""�
<br /> � . andtbat•!aw is 5aall m . ,'.`��.�l�" � :�`
<br /> y' te�prtce8 90 tUat the inteaest m o�er lnmi ct�arges colleaed or w be caBetxed iA co�ection w�.i.d�Ioan '`;r�� �.._-�,��
<br /> exceed the pe�piued�,�then:(a)any sncb Ioaa cbarge s�Il 6e reduced by the amount necessary W reduce the ch�a m the . : �;�,;��:,�� .�
<br /> _ . : � . pennitted 1imi�an�(b)any s�s atready colloeted from Ho:mwea whicfi excee�ted parmiucd lanus w7i be refunded to Bo�mwer. , .,_
<br />� ' - : Leader may choase a�matce this reflmd by m,dncing the principal owed�the Note or by maYmg a dir�paymeat tn � . . `�.�
<br /> _ Bozrower.If a refaad�edaces principal,the reducdon will be treatcd as a pa�tial PrePayment without ar►Y FreP��'�s cLaRRge � � '�r
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<br /> �-` � _ aada tde Not�. � . . . '.. � ,�::
<br /> �. ,� ' .� � la.Notk�. Any notice to Botmwer provided for m WIs Sec�iry Ins�umeat ada11 be�v�n by deliveaing it os by mailin8 it -^:!r.• � ,,, .
<br /> :S . � . , by firat class mail miless applic�Ie taw requires use of aaother m�thod.'ihe aotice sf�all be c�'s�ect,ed w c�e Property Address or .. . , � �{.
<br /> rt .. . any otl�er address Barmwra designates 6y notice to Lender.Any notice w Lender shall be�,rn by f�class mail ro I�ndea's � ��.:��f•
<br /> • . .. address stated heaein or any othea sd��L�►der designates by notica to Bmrower Any�tice provided for in this Secmity � : . . .
<br /> :� ' �' � . Iasuu�t s�aU bo deemed to f�sve[�een given W Bomawer m Lender wh�given av pravided u�this paragraph :.
<br /> # : : . � 15.Governing I.aw;�vtra�iTty. '!liis Secruity Insuumc,nt st�all be govemed by fedeaa] taw and t,'�e law of the ' � .
<br /> , _• � .. jiuisrlicdon In wtrkh the Pl�npaty is iocared.In the eveut d�at mry provision or clause of this Security InsOrmnent or the Note . . . .
<br /> - }�.}; . � oonflicts with applicable 1aa►.sucb cuMict sha11 rroa affed othea ymvisions of this Securiry Inst�ume�t or the Note whicb can be � . . ;
<br /> • . given effect aithout�conflicxing provtsion.To this end the gmv;sians of this Secvrity Insu�ment and the Note�e decla:ed ta � �
<br /> - ' ' � � ' be sevaable.
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