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<br /> . � : ' ..�`. DaYm�s maY no Imsget be re�ired.ai the apdon of I�eader,if moitgage ms�ce oav�age(In the amouas aad for the perIod � . . - .J•{ .
<br /> _ � tlt�ai Le�tdcr tequues)Pio�Ided by an ias�ea approved(sy Le+idet ag�n bemme�ava�able and is obt�aed.Boaoarer sha1�PaS►the E. �'
<br /> � < Premiums ra�fuired w maintaiu martgage insumnoe im eSect.ar in pcavide a loss re5enre.�t�1 the ieqaireme�t far�dortgage ,. �°.=� . �
<br /> �.--- .' . ' iasiu•dnce sads m accwidaace wi4h a�►writoen ag�Ce�t 6etwem Baabw�aad Leadra ar applicable law. ' ( ,' . • � �,
<br /> , � � 4.Iu�pee�n. Leader or iia agent.may ma�e�e�uies upon and'msgecaons of the Pmgeaty.Ieudea shaII give . .
<br /> ~ . ` . Ban�wer natioe at ths tia�e of 6r gr3Q1r to�.iaspearon specIfjtmg reasanable canse for the ms�ecxiaa. . . ���
<br /> � _ _ - .. ':. 16:Condem�t�n. 'Ihe pmoeeds of eay awand ot c1�im for damages,d'u�ct ar oonsequential,in cana�tion�mh any � . : -
<br /> .•'�"�-��. aondea�tiaa or�atung af aay p�of the Fi�ag�ty,art f�z co�ve�saoe ui liea af can�nati�,aie h�y asvgaea aad --- - ---- -- -=?
<br /> _ � � .. , , � sbail be jraid to Lender. � �_ , � ` .
<br /> ` � ' In the ev�t Of a Cotsl f81tiIIg of�e PtOpecty.the pmCee�9 shel!be applied W thE stims s�Isy tlus S�in►incnnrrt�t, , � � ..
<br /> :�. -- whether or nat then dne.with�y e,�cess pafd to Bormwea.Ia the evean of a partiat talcing of the Frapeaty in w�ir,�the fas m�tc� � -
<br /> „ ��... ::. . .. . valne of the P'rapeRy immedisretY be�are the tai�g is eqaal w ar gceat�r tban the anwant of tLe sums sec��ed�yr dus Sec�n�► :. . �. --- -..-
<br /> � Ins�ament imme�te2y befoze tUe�1dng,anless Baa�wea and Lend�othezwiss agee am w�ing,the sums sec�ed by th's , , � ..
<br /> . ' . � Sec�ity Ins�ament shall he redur,ed by the amom►t of the proceeds mnttiplied by the foIIowing fiacdon:(a)the mral amn�t af •�� .
<br /> ` "'' " ' � tha sams sec�ed immediarsly befare the tai�mg,divided by(b)the fai�marYet value of the RvpeRy immediately before the •• � ` ; �
<br /> . �' `- -' tai�g.Aay balance shal!be paid m Baaower.In the eveut of a p�nnial taYing of the Pmpaty in whicL the fair m�aket vatue of the . � .. .
<br /> . � s.,_'`..� - . Prupeaty immediately befase the taknng is ias tban the amount of the smns sec�ued immediately befare the taidn8,anless �_-��.,, : :
<br /> �'� � � � Baatower and Lender ot$eawise�Cee in writing ar w�aFF�bie law othawise gmvides.th�pmceeds shaU be appiied w the • . � �
<br /> _�� ... �
<br /> - �;� � - sams seaued by tbis Secaui¢jr Inst�nmeat wkeiher as uat die sa�ms a:e�eaoi due. ` : , . . '
<br /> 'y, . . , '` ' Tf the Aopetty is ahaadaned bp Bu:mweG or i�af�r anrice 6y Icad�r to Boaowet that tiRe caademuo:offets tu mai�e an ' : .
<br /> , ,, ' . $ .. ,' �'?
<br /> . `'. � , . award or seule a claina far damages,Boaawea fa�s w tespoad oo Le,ader withm 30 days aft,ea the date the¢otice i�givea.Ledtdet ' '�, � .,
<br /> _.. � ' ,�� - � is an8�ed w collect and apply t1�pcoceeds.ai its optian.eiihrr L�restararian oi�epair af the Prapesty or to We sams se�red ... .. .-- :. �.._:.-
<br /> `- �, .-•-:--�.=-;-�--" ----- -- - -- — ---- - -------- -- --. _ . .. .._. _..-- -� �- - -- . . -- --. . ._....--�-�- --. .-�-- --------------� - �---- - ---...-- -. .
<br /> �1j/�11T3-$CCQ[ltjf Tnctii�in' ci�,L WhCi�0III01l�leA�ll�. • '� '
<br /> � " � Untess I.eudes aa�Baaowea othera�ise agiee in wrif�8,anY�PHcation of proceeds w ptincipal shaII aat e�tend ar postpane ` ' -��
<br /> iee �:".
<br /> - � . • . . the dne date of the montblY PaYments refea�ed to in p�agraphs 1 and 2 or c6ange ti�eamo�t of sach paymeat4. • � � . ��:,f�_�
<br /> � ' � � iL Borrower Not RelEased;Forbearaaoe By Lender Not a 9VatQa Exte�sinn of the mne far paymeat ar madiS�catian � .. ..,�"`
<br /> - - '. . _ ...-of amvmi�tioa of the sums sec�ued 6y.tl�is Secauity.Insaume�t gtanted by Leuder tn any successor m infetest a f Batmwer s h a D . ,. _...�_
<br /> . s�aII nnt be to '�.'�` ''
<br /> :. ,,,, . not op�ate to m,lease the liab�ity of the original Bosrower or Bolrawa's sacc�o�s in i n t e r r s t.L e m d e r - II requiised . . ��
<br /> comm�ce PmceedmSs agamst any s�ccessor in interest or refuse tn extend ame far payme,nt or aiherwi.se modify amorti�auon of
<br /> � � . . . ' the smms sec�ed by this Scxuriry Ins�mea�t hy�ason of any dem�d made by dee�igdnal Baaowra os B�owa's suooessms . . . .• ,
<br /> - � . ,. � - in�taest.Any fa�'bearanoe by La►dea in exe�tsmg ffi►Y right or reffiedy sball not be a araiver of or pr�cInde the exer�e af aay . _ .:-.;
<br /> .. . :�y �'
<br /> . • � iight ar remedy. ., � . . � :
<br /> ' 1Z.Succcssors and Ass.igns Ba�d;Joint sud Sev�al Lia631ity;Co-signeis.lhe covenants aad agceeme�tc of this , �"' •
<br /> � . � ` Secarity insunme,at sball bind and�t the saccessois aad assigas of L�der and Boirowea.subject to the pmvisians of •:. :•F
<br /> . . �._ . , ,. �j: .
<br /> . - - paragrdpb 17. Borrowa s coveaants ffied agreeine�ts shall be jnint and sev�al. Any Bonower whn co-signs tLis Sec�uity . ;� �:'3 .
<br /> --=. ` .,- -:-,----.--.---'.; IusUament b�t does nat exe�the Notx {a)is co-signmg this Sec�ity Insocv�ea�t onIy tu taartgag�g�ant aad coavey that ' ' �� _
<br /> . -• .. �� �;.•.
<br /> Bo:mwer's inteaest in the Psopeny under thc teims of t6is Sec�uiry Instrumen�(b)is not pasonally oblip,ated ro pay the snms �
<br /> ' ` , � . sec�ed by tbis Secauiry Instnnmea�x and(c)agrees that Le�der and any oth�Botmwer may agcee ro e�tead,modifY.foibear or . , _ :;.,:' ,.��
<br /> _ . _, . . .- maYe any acwmmodations with xe�rd to the tea�ns of this Seciuity Iastr�aeut or the Note wirhaut tvai Bamnwea's ccnsent • . ''; ";"
<br /> .� . 13.Laan Charges. 1f the Io�secared by this Secarity Insprament is subject tD a 1aw whicD Eets ma�imnm loan charges. . ,�:�;:
<br /> . . . . aad thai law is&ialty�tr�prered so that the interest or othar loan charges coriec�ted or w be colleaed in connecuon with the la� - _ .
<br /> �, . .. . accecd the peimiued lanirs.tIl�:(a)aay sach Io�cbarge shaD be ieduced by the amouat necessary m ieduce the ch�ge tn the , , � .
<br /> -•.;: � . � ' pamiued limi�and(b)�y sams atrcady coit�ted itom Barrawer wl�cb exceeded peamiueA limiis wU be mfanded w Baaowar.
<br /> � _ . � - Leuder may choose w malce this refand by redncing the yrincxpal owed under the Note or hy �aidag a diract payment to - . .
<br /> `: � ; �; , Bmmwe�r.If a m,fund reduces priacipal,tha reQucrion wiD be.aeated aS a P�P�P��►t withrnit anY P�Ym��8e �
<br /> , . � uader the Nflte. � `ti...:' .
<br /> .� � 14.Nottac9. Any notice to Bormwer provided for ia this Sec�rity Insuument shall be�iven by delivering a or by ma�ing it � � , . �
<br /> . by fast class mail unless applicab2e law teqaires ase of anothec method.'I'�nfltice s1�aU be direcsed w the Propaty Address or f . �. " '.
<br />- '.� ' . • .
<br />-_ --- aqy other address Bormwea designates by aotice w Leada.My norice to Lzndea shall be gven by fnst class maii tu I.e�dea's - -.
<br />-. .. ad�ess smtEd herein or any othes�dsess D.enda dcsignates by notice�BomuwPx.My not�ce provided for m this Se�aity �' �' .
<br /> ...; � . . . Insuume,nt shalt be deeaned to have bew grven to Bmmwer or I.ender ahen givea�as pmvided in tbis paiagiapb. I � .
<br /> ' 15.Cavtming Law.Severab�ity. 'ibis Security Instr�ment shaU be govemed by faderal law and the law af the �� . . . .
<br /> �; . , jiuisdictioa in wbich the Pmperty is Iacated.In the event thai any provision or clavse of this Sec�ity Inst�nemt or the Note ` .
<br /> � � . c�nftict�wItL app]icable law.sucL conitict sLall not affect other pmvL�ians of tl�::s Secauity lasuument m the Note which qn be l .
<br /> '= � .�� � , givea effect arthout the coaflicomg provisian.To this end the provistons of tbis Sec�ity Instrument anA the Note are declamd to �
<br /> � be se�►�able . � : . .
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<br /> � Form 3028 9/a0 .
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<br /> _ �yt-6R H (02t2) Pap�sate Initi�: :+ . •
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