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<br /> _ -- - � Pryioenu msY no lomger be req�ired.u the apdon of�.eo�ic-�.if u�o�g�ga inLU��cc eov:�:,�a�:.'�fi�:.��t��r"�i.:g�ta� --
<br /> ttu Lender requin�)Pro v t d e d by�n f n s u m apQrn v e d b y L a�d e r a g�f n b000ma tvail�ble aad it ot�t,�ined.Borm�ner sh�1L p�y
<br /> � the pnmiums required t�a mainc�iu uwrtgage iasuraaoe in effe�t,or to pmvide a loa�raerve,untU tho cequicemeat for moccg�e
<br /> ia�r�noe enda in aa;ordanix wtth iwy v,rr€um agnxmeat betwan Borrower and Lader or applicible law. �
<br /> 4.lnapedlon.I�Mer or its ageat mry m�tte[r.a�onable�Mes upon s+�d In+pections of tDo P'mperty.Irefldes ahiall:give �
<br /> � eorrowar�ttre at the dme of or p�tor ro aa WspeMion apocifying reaa�aable cuue for the iaapecdoa. .
<br /> _ -�— �' 10. Condea�mtbn.1�e pmccoda of u►y awxcd or claiYn for damagcs. diraa�t or oonuqueal�al� in oonnestion with any
<br /> caademnatian or other taldng of any put of the Ptaperty. or for comroyraoo in lieu oi eoade�nWon,ue hereby asti�oed�od
<br /> ahail be paid to Lender.
<br /> — In the�vent of a total taicing of thc Property.the pmceeda ehtll be eppiied to the swna axurtd 6y this Security Ia�t.
<br /> whether or not thea due.witb any exaess p�id ta Bozrower, In the event of a pattlal wking af the F1+openy in which tLe fitr
<br /> m�rlcet v�luo of the Property immodi�tely before the t�lag la eq�al to or gceater tdan tho amonnt of the nu�socured bY this —
<br />_ _ - Sauriry In�tn�ment immodiuely before the tvcina.unleu Horrowar aod l�cader othet�vbe�ne in wrtdns,ebo sums aocured by _
<br /> thl� Socvrity Insttumeat shall be rodueed by ttw act�ount ot tReo px000aat multipHed by tLe foltowtn� fracclon:(a)tho tat�t
<br /> aaouAt of tt�e sum�sacured immed[�tely betoro tbo silciag�Oivlded by►(b)the t�ir m�t�oet vdue ot Ihe Prope�ty ima�edlately
<br />---------__�� befom tho taking. Any balanoo�hdl be p�i� ro 8orrnwer.[n the event ot�partial t�ktng ot tlise Proporty in vfiich the t�ir
<br /> = m�rket valao of che Proprrty im�aed��tcly bofine the taking is leas tb�n t4e aawwt o!tho sums eccurnd immodiauly before the
<br /> _��:.� talctng�unles�Bonowar and Lander a.hetwtso agree in weitiag or ualesa+�pplic�ble law othetwl�e prevides.tho pc�ooa.�df shitl
<br /> -.:4 be applied to the aums exurod by thls Saudty 1a�aument wlKther or not the�wns u+e then duo.
<br /> ip the Property is abvudonod by Bonower.or if, after notice by Lender to Bort+ower thu ths coademaor offets tn m�lce An
<br />_�;�,�r� award or settle a claim for damages�Bornow►er fafls to reapand to I.ender wdthin 30 d�yra eftet the date the notice ie given.
<br /> — - Lender ts authorizod to colloct end apVly the pmc�ds.at ita option.etthor tc�restoruion or�epnir of the Pcoperty or to tho s�u
<br /> secuned by thia Sccurlty Insuument.whether or aot thea due.
<br /> �'�:�:�.�:,� Ualess Latder and Borrower otherwise t+tgree in wrlting. m►Y aPPlicadon of pm�eetls to prIncipal shall not extend or _—
<br />-;r-;,�••s�. postpone the due dau of the montWy pay�aenta referced ro in paYagraphs t and 2 or chaage du amo�mt of ancb payu�i. °
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<br />:;�- 11.Borrowa�PTot Releasedi Forbearance By�.eader Not a R►aiver.Bxtenston of the time fm payment or modi a
<br />�'."�'�v- of amorti�ation of the sums socure�by this Secudty Inswment grauttd by L�eader w aay suocessor in iatknst of Bo=mwer ai�all
<br />`y;'�`� '����.T not operau w release the liabtlity of the orlglnal Bon'+ower or Bomower's successa�s in interest.Lender shall not be caluired co _
<br /> �'�� comnaeace proaedinga against aay successor ia intet�est or refuse w eatead time for Payraent vr othenvise inodify amordTadou
<br /> ���.
<br /> •:_,�. � of the sums secuc+cd by this 5audry Instrument by reasoa of aay demand madc by the origiaal Bomnwcr or Bormwet's _.
<br /> ��"'���x� suc�sors in interesc, Any fotbearanx by Lender In exercisiag any right or remcdy ahal!aot be a waiver of or prcclude the �`�
<br /> _�'"'��'r` exercise of eay dght or remody. -
<br /> ;�'L1s?�'�':_ 12. Successora And Asslgas Idoundt Joint�red 3everal LiabWty; Co-signeis. The coveaants and agroemcnts of this e��+'°�
<br /> -._—���ii,,3�,�... Era��-
<br />,;�:+.P;�:�r ,., Security Inamiment shaU bind and beaeSt the suoce,uors and esai�ns of Lender and Bonowec, subject to the pmvtsions 4f
<br /> .,.��, r�s`,• , paragraQh 17. Borrower s covenants end eg�emeats ehaU be joint and several. Any Bocrower who co-sigas x�ie Sccudty �;:�_
<br />-::`'=!"r;�:c . =
<br /> 'y'°�-`y` lnapiunent but does not execute the Note:(a)is caslgning tWs Secudty Instrnment only to mortgage,grant and �wavay ihat �:',�.
<br /> .-u�;��--- Bonower's intare.et in the Pcrperty under the terms of this Security Iasuument: (b) is not pessoaally obllgated to pay the surns �;;�_
<br />_ _"� "��, aecurcd by tbfa 58curlty Inatrument. mtd(e)agc�es thst Le.ader and aay other Barrower may agree to extend,modify.fotbear or �:�{
<br /> -..:":�._ �__
<br />-=-;:���' make any accammodationa wlth regard to the termsof this Se�urlty Instrument or the Note wlthaut that Aomower's consent. C-�°
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<br /> •. . �.;. 13.Loen Chatges. If the loan secured by thia Se�udty instcument is subject to a law which sets maximum loan charges. �
<br /> ,_,;.,,..,,, end that law is flnally interpreted so that the iaterest or other 1oaz►charges coltected or to be wilected ia wnneation with the �?-z;_
<br />:"„�.�r lostn excee�the permitted limits.then: (a)any such loan charge shall be reduced by tho amuuat necessary to reduce the charge ��
<br /> '_���=� :� • to the permitted limit:aad(b)enY sums already collectad from Borrower which ea�ceeded permitted limita will be refuaded to P�'_;
<br /> -�-'_�:'�°<•: • Bo�rrower. Lender may choose to make this refuad by reducing the principal owed uader the Note or by maldag a dtn�t '
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<br />.;,ti:��..- payment to Horrowcr. If a refund reducea pdncipal, the reduction ��rIU be treate�! as a pertial Prepayment wfthaut aay �;�
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<br />--:;,,��,�'�� �- P�P�ent charge uader the Note.
<br />-•�; ° 14.Nottces.Any aot�ce to Borrower prov i d e d for i n t U L s S e c u d ty I n s u u m e n t s h a i l b e g t v e n b y d e l i v e r i a g i t o r b y�e i l i n g
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<br /> �i4e���"�'. ' it by tirst class mail uniess applicable law requires ase of another method. The nottce shNl be dlrected to the Property Address
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<br /> �"�"�•.�'*� ar a ny a t h e r a d d r e a x H o r r o w e r d e s I g n a t e s b y notice to Lender. An y nottce to Lencler shaU be givea by firat clasa mail to
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<br />�.=n:~s�.s � Lender's address atated hereiu or any other address Lender designatea hy notice to Borrower.Aay nottcc provlded for in this
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<br /> �,�•- ••�t , 8ecurity instrument shall be deemed to have tse�n glven to Borrower or Lender when given as pmvided in this paragcap . .
<br />,_:,,��;;�•, iS.Governtng Law; 3evera6Slity. Th{s Security Instrument shell be govemed by federal law and the law of the .
<br /> `"��:"r�'a jurlsdiction in ahich the Property ia located.In the event that aay pmvtsioa or clause of this Socurlty Inacrument or the Note
<br />:���'?��?�rc:::-,�: oonElicts with applicable taw,such conflict si�all aot affect other provisions of this Secudry Insuument or the Nou which can be G.
<br /> �� , ��.�,��� given effect without the canfllc.tiing Nrovlsfon. To thia end the pmvisions of this Securlry Instrument and the Note are declared
<br /> � - to be severable.
<br /> k�'� 16.HorrawRr's Copy.Borrower Ahall be glven ane waformed copy of the Note aad of thia Securtty Insavment.
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