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<br /> . ��'".�'�4'� paymcrdti may eiu longcr bc rcquircd, at thc option af[.cndcr. if mortgagc in.rurauire a�vcragc lin the amount und for thc period ' �� n
<br /> �___;,'�;;-•'A'=� that I.cndcr rcyuires)prnvidcd by un insurer approvcd by I.endcr again bccomcs av,ulablc and is obtaen:�l. 8onoarr +hall pay � �j ..
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<br />.a�� i°-.-�W thc prcmiumv required t�maintain mortgage insurancc in cffcct,or to providc a lo�;s rc�en�c,un[il�hc n�quire�ment for mt�rtgugc -
<br /> s';';t,� ,� insurance ends in ucrurdance with any�vritten a�reement between Dorro�ver and l.ender or applicablc I;:���. � ,J�
<br />`;�„�. �i 9. I�s�xv�Nan. Lcndcr or its agent n'�ay makc rc�asonuble cntrics upon and inspcctions of' thc Prc�Fcny. l.c�ider tihall givc ` : _
<br /> ___ "i`��'`' Dorrotivcr nnticc at thc timc of or priar to an inspcction spccifying rcasonablc cau+c fnr the inspcctinn, ! -j
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<br />';�;:�:T�;�;�;s.�;• 10. Cm�demnatlon. The proceeds of any a�vard or clai�n for damages, direct or cnnsequenticl, in ronne�tion �vith any � ;f'. ?I
<br /> ;'� "�:•�:; �, condcmnation or othcr taking of any part of thc Property, or I'or convcyancc in lieu ot'condcmnation, arc hcmby atisigncd anJ f �-, �� °
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<br />�_�;�,,�''�,�;,,�._, shall bc paid to L.cndcr. � :,�
<br /> ;:�:S!'f�,. •, In thc cvent of a total taking of thc Properry,the procccds shall be applicd to thc sum, ,ecurcd t,}�this Sccurity Instrument, 1 :;
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<br />'' �v �� �� whMhcr or not thcn duc, with an CXC�SS aid to Borro�vcr. In thc evcnt of a artial takin of th. Pro °rt in �ti•hich th� I'air "�I
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<br /> _:,��,� ,��i i� market value of thc Prupcny immediately beforc thc taking is cyu.d to or grcatcr than the amount of th;+ums securcd by this �,,; +;.'
<br />""';�'��.'��y a Security Instrumcnt immediatcly bcfore thc taking, unless Borrower and Lcndcr othenvisc agree in�s•riting, the sumy sccurcd by i.r•• ..j; ••
<br /> ":-'�.�-'�'•°•`:��•• •.• this Scxu�ity Instrument sh�ll 6c rcduced by thc amount of the procecds multiplied by the fnlln���in� frnction: (n) thc total E� ; ; . •_,�_ _
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<br /> s n amount of thc sums securui immediately bcforc thc taking, divided by (b) thc fair market vaEu:of the Property immeciiatcly !�� _�„ �-
<br /> `,`.���i:F+� before the taking. Any balance shall be paid ro Borrower. In the event uf a partial takm�of th-: Prop;rty in which the fair n ` ,+,'.:.. '�°'
<br /> �• �- ' • market value of the Property immediatcly 6efore the taking is Icss than thc amaunt of th: cum., s�r:ured immcdiatelp bef'orc thc �
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<br /> -,;!,,�r�; .j � taking, unless Borrower and [.endc�othenvise agree in writing or unle,s;�pplicable la.�ti oth;rur6se provid�, the pror;t�ls shall {;- -�-�-°-
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<br /> ` � -' - Lc applicd lu th�,un„secured by this Sccurity Instrumeiit whcthcr i�r not the su;r.:;are;h;^�!e:. ;;•�� � =:—; .
<br />',;;;rf;i,;.'�� T� � (f thc Pro ert is abandoncd b Borrower, or if,after noticc b•Lendcr to Burn�titiar th�[thc condemnor oftcr;to makc an �i,:::�;' :'�;9•s�'"'`�""```••
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<br /> •��+-:�� �- i award or tietde a claim for daroages, Borro�ver fails to respond to Lender �viUsin 30 day s nfter thc date the rtutice is Fivcn. ��t•�•'.. ;: >>��_—
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<br /> • ,y L.cndcr is authorir�:d ro coUcct and apply the�:�coceeds,at its option,either to restnnitiora or repa'sr nt'thc Properry or to�he smi.0 �_ .:� ,�.� _'��
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<br /> • y securcd by this Sccurity lnstrument, whcther or nat then duc. ,
<br /> "'y'•'•�� a Unless I.endcr and Borrowcr othcrwisc agrcc in writing, any upplicatior. of procculs to principal sl�all not cxtcnd or .,�_
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<br /> "`%`L'- '-.:,� postnone thc duc date oF thc monthlv pav�nents rcfcrred tu i►i paru�raphs I and 2 or change thc a�no�ern�f su�:Si p_iyments. �.:.,':� '���
<br /> ;r+� �"��,� l l.Dorrower Not Released;Forbearunce By Ixnder Nnt u�Vaiver. Extec�sior� of thr time fur payment v�r modif►cation ���•,
<br /> , �. ;•� '�.• � of amoni�ation af the sums secured by this Security Instrument gr�n[ecf b� Lendtr to ac3p�ur.ces�or en interest of Borrowc�shall � i
<br />,'.•r;�,� ` not operatc to rcic:is;c thc liability oF thc uri�inal Borrawer or Borrawcr's successors in inicre�t. Le�Aer shall not be requircd to � �r��
<br /> " commcnce proceedings against:my wccr;sar in int�:rest or refuse ro extcnd tim.e fur p�ymcnt or oiherwisc modify amortization ��-;y,,.'
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<br /> of the sums secured by this Serurity In,trument �y reasnn of any demand m.idc by the original Botro��•.�r a�r Eorrower's ,�',li�.,.
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<br /> r�'�%., ,.s • successors in interest. Any forbe;►rance by Lender in exercising any right or re:nr.d}� shall not be ai�vaiver of e�r preclude tb�: �1
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<br />;;;,,�:,..� � exercise of any right or remedy.
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<br />�f�•,• '�'� '"� 12. Successon und Assi�ns Bou�cl; .�mint nnd Several I.Ial�i�i4p•; Co�si�.;n�rr. Tlu covenants and agreements of thi� -
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<br />;,;;;L:�;;,•;,�. r Securiry Instrument rhall bind and benetit the successors and assigns of Lend:e and Bormwur, subject to the provisiuns of
<br />����f�y y,?;��;�c. � paragraph 17. Borrower's co��enants and agreements shall be joint and severnl. Any Eiarrower who �n-signs this Security
<br /> ".'"lti�'-��'" Instrument but does not execute the Note: (xl is co-signing this Security� Instrum�_nt anly to mongage, grant and co»vey thut •
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<br />;'��,.r;:�:="a� � Borrower's intcrest in the Property undcr the tcrn�s af[his Securi�y Instrument:(b)is not persona{Iy obligatcd to pay the sums . -
<br />,;.��t.:��'"•"�' securcd by this Security Instrument:3nd(:�.aiFrces that Lcndcr und any othcr Bt�rmv,cr n�ay agre.e to extend, modify, forbear or � �_%
<br />:;�'"'�T"'�' � rriake any accommodutiom�vith regard to the tcrnis of this Sewrity Instrumr.nt or ttu:Note�vithuw tl�at Borrower's canscnt. �_.___ --�--
<br />:�;.�"�� 13.I.oan Chnrges.If the loan sccured by this Secucity Instrument is subj:ct to a law which sets maximum luan charges, _ __
<br /> •-'x;=^n"� and that law is finally interpreted so th�t the interest or other I�:m rharges c��llectecl or to tx: collExteci in connection with the —__
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<br />=_t�:". ,. lo;ut exceed the permitt�i limits, then: (a)an} surh luan rharge shall C�r reduced by th4;un�ounG necessary to reduce the char�e -�� ___
<br />�,`rt,. .. .�y to the permittcd limit; and(b)any sums aln;ady r��llcctcd from Bono«�cr which rxrecded permiu�d limits �vill be refundcd a� �
<br /> -"'•-� •• Borrowcr. Lender may chuosc to make this refunJ by rccluci�ir th: princip�l uwui undLr the Note ur by ntakins a direct � --
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<br /> '"t•j ''• ;� payment to Borrowcr. If a refund redures principal, thc rcduction will be trest��d as u panial prepaymcut withuut any "r" _`—'--------
<br /> '_��: r���°�•^•�•• prcpayment chargc undcr the Note. .��-�
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<br /> � •'�!'�`��'��!9"` 14.Nntices.Any notice ta Burro�+�er�+ro�•idcJ for in this S�curit}•lnstru►r.a[s<<haU bc gi�•�n by delivering it or by mailing ---
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<br /> :L;J��°�;�».���• it by first class mail unlc,s applicablc la�+ raquires osc of anothcr mcthud. The n�:aice shall be direczed to tl�c Property Address '-�-
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