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<br />_ gayiu�nis may�Ionger be,m.c�u�ed,at the optean of Lertder.if taost�ge insw�a�tce caverage(in the amount�for the periad ":`=�����
<br />- di�t I.ender re4Uims).provide�i by an i�sumr appraved hy Leader a�ain 6rcom�s avaihbte aad is aBt�ed.Sor!��a•er sStali PaY . �`,"., `,���•` -
<br />- the premiuus nequired to maintain aaort�ae insuranc�ia effect.or w grovide a[oss r�enre,unt�7 the requirement fuT ma�tgage' �.. �;_�. .¢;�f°`;:.
<br />_ insusa�c�eftds in accardarice with ac►y�xritten agieement betvieen Bormwer aad d.ender ar licable la�v. • a � v�_
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<br /> = 9.I�sperifma.Iguder nF dts a�ent mFSy make reasorrabte entries upon aad ia�o�of the Froge.rty.Leneier sha!!g's•�e y' `a-.�.".�`Yti�' t
<br /> Bnrrower nadce at the time of or prior co an insgection specifiring�eason�bie raus�for the it�„�pection.• , � ' ��Q _;�� -
<br /> I0. Cnademn�tloa.'�r pnm�ds•of any aivanf or claim far da�aaes, dir+ect or consequetnial. in oon�ectioa cvith aay . ��r_i���-�".� ' :.
<br /> � �- �
<br />_ wndemnation or oih�r taking of any part af the Ptogerry.or far caqnveyance in lieu of uondemnation,ane frere5y'a�signed and ���'_'i4�_
<br />-- shall be paid ta Leuder. ' �:-�,--:
<br /> - �cs�.��r�=
<br />= In the event of a total taking af the Fmperty.tT�C pmCOeds sf�Il ISC�pplidi to the s�fs sec"IITed by tltis Secc�ltity Incrosment; ����;'"
<br /> ahether os npt taet�due,with aqy.exccss paid ta Eorrower. In We eveni of a partial taking of the Property in w}uch the fair ` ------=
<br /> maticet valu.�.af the Ptiop�F im�Fdiate[y beforc the taki�g is equat to or greater tLan the amnunt of tts�sums seqtred by t6is � �__-
<br /> SSCUSiqr,Tlisumneai immediately hefore che taking.unless Borrower aad I.ender othe�evise agcee in tvritiag,the sums sesaced by �'`�„�`�'°�,°`i�°"�
<br /> �,Security lnsuument st�al! be reduced try the arcoant af.the pmc�eds multi�lied by die foltowing ftaction: (a}the Soql -= �---
<br /> a�a.�nt of tite svm�sesureed immediate[y before the ta3aqg,�divided by N?the fais tnarket val�e of.tI�Property.immedialely .-.�-=.�.--
<br /> �� - before tbs takiag_ Any b31�ce shall be paid to Borrower_ Ia the eve�np of a partial taking of the Ptoperty in which the fair
<br />- market vatee of t1�Prnp�ty irm�ediately before the tata�is tess than the amount of the sums secvred unm�iately befpre thG c�-�.--.--_--—
<br /> takir.g,unless Bamnwer artd J.i,�ader otherarise agree in��g or uni�ss applicable Iaav otherari�e provides.the prarceds shalt � -----
<br /> : be a�plied to the sums seiatr�i 6sf this Security i���+*�r c�fr�Er•oc nat tt4e sums are thes►due., . -- ---- --,.-
<br /> If the•Pro�,ierty is abandoned by Borrov�er,or if,aftes Bntice�by Ls�der to Borrower th��coendemaor offers to make�
<br /> . award or seule a claim foF damages, $OIIOG42i f31L5�O CC3pOI1�[O I�l'W1t11Ip 3O(IS}�S 3S�CC.I$!:d3IC tllE IlOt[GC 1S gIYPA,,.�, �
<br /> , I,endcr is authnnzed w coltect and appty the pmceeds,at its option,eit�tsr to restor3tion.or repair�of�e Property nr to the�ms � _
<br /> secured by Uus 5ac�ity Inspument,whether or not then dae: . � _
<br /> �lttless L.ender and Borrowes othcrwise ag�ree in miting, any applipniom of proceads to priaczpat shali uoi extend ot �-
<br /> postpone the da�date of the monthly payir�referred to in paragraphs 1 and 2 or change the amouni of such payinents.
<br /> � �1.Botras�ec Not Released;Forbearance By Lender Not a Waiver.Eatenston of the time for payment ur�nodificaticm �
<br /> of ainorti7ation of the sums secured by this Se�vrity Insdum.ent granted by Lender to any saccessor in iIIterest of�orroNer shall
<br /> aot operate to rei�se the iia6il'ry of the originat Bnrrawer or Borrower s successors in i,�tetest. Le�cder s�a}1 ana�a�eqai�d to -
<br /> commen�pra�dings again.��ny successor in interest or refuse to eatend.time far pagment orotherwise modifp�ortization
<br />_ of the sums secured �y this Security Instwnenc by reason of any demand made�� the original Borrower or Bnrrower's� '
<br /> saccessors in irtc�s� Any forbea�attce by Lender in exercising any right or remedy shall aot 6e n�vaiver of or preclude the -
<br /> exercise of any ti�t ar remedy. • � -
<br /> 12. Success�rs and Assigns Bo�ad;Jotni and Several Liability; Co-signers. The covanants and agreements of this
<br /> Security Instrument shall bind and benefit the successors and assigns of Lertder and Borrower, subject ta the provisions of = "
<br /> paragraph 17. Borrawer's covenants and agreements sfial� be joint and several. Arry Borrowet�vho co-signs this 59curity
<br /> instrument tsut does not exccvte the Note: {a) is co-signing this Secutiry Inswment only to inoctgi�e. grant and canvey.that ` ��_ �
<br /> EazraKC:'s isttcr�.,sc in the Pco�erty under zhe temc5 af lhis Securiry instrumem;(b)is nnt�rsanntly obligated to pay the sums ��%
<br /> secured by this Security Insmiment:and(c)agrees that I.ender and any other Borrower rt�ay agree to extend.modify.forhear or `
<br /> ms►Ice any accommodations with mgard to the temu of this Securiry Inswment or the Nate withont that Borrower's oonsent.
<br /> 13.Lonn Cha�es.If the loan secured by tliis SecuriEy Iastrument is subject ta u fa�which s.ns maximam loarz ebarges,
<br /> � • and thaE law is fir►ally interpreted so that thcs interest or other loan charg�s coltected+ir to be uclltxx.ed in connectio�with tb�
<br /> loan excced the�ermitted limits,then:(a)any such loan ctsarge shall 6c rat�ced by the amount n�sary to reduce the char�e _--�
<br /> ro the permittat timit;and(b)any sums already cel£ecteii from Borrower which exceeded pemiittcd limits will be refunded to
<br /> Borro�ver. Lender may choose to make this ��fucui by r.,diccing the prineip�l owed under the Note or by making a diraet
<br /> payment to Bonower. If a refurtd reduses principal, the reduetion will be treated as a paztial prepayment without any
<br /> prepayment dwrge under tfie Note. �
<br /> 14.1�otices.Airy notice to Borrower provided for in this Security In�trument shali be given by delivering it or by mailing ___
<br /> it by first ctass mail unless applicable law�equires u�e of another methad.The notice shall be directed to tite Property Address --- �— -
<br /> or any other address Bnrrower designates by notice to Lender. Any notice to LendCr shall Be given by first class mail to �-- ---_
<br /> I.endei s address stuted hemin or any other address Jxnder designates by rtotice to 8orrower. Any ttotice provided for in this -
<br /> Secwity Instrument shall 4�e decmed to have b�n given to Borruwer or Lendcr when given as provided in lhis paragra�6. . 1.;'
<br /> 1S.Governing I„�w; Sevem611tty. 'fBis Securiry Instrument shali be govemed by federal luw and the faw of the �3
<br /> ',�.�.,: .
<br /> jurisdiction in which the Property is lorated.[n the event that any provisian or clause of this 5ezurity Ins:tument or the Note
<br /> conflicu witl�appltcabte law.such conflict sha11 not affect other pcovisions of this Security Instrument or the Note which ean be �,.�-`��,:'
<br /> given effect�vithout the contlicting provision.To this ettd Ihe prov4sions of this Security Instniment and the Hote ure decla�d , �, .. •��
<br /> to be severable. •••�«� . • � �� '
<br /> :';_.,:;;�:��:,. _ •:.
<br /> 16.Bormtiser's Copy.Borrower shal!te�iven one confomted copy af the Noie and of thi's Securiry Instwnent. .�;.r ; •.
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