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<br /> at the opttan oi Lendor� it snortgago �aeurance covetega (in tha amouat end for tha pe��t�eY�`�.�'er requie�es� E_'
<br /> � provlded by en ineurer opproved by I.ender again ba:omos availabla end is obtalaed.Horrower�haU pay the premiums _
<br /> req�rIred w meiatain mortgsge inaureaco tn egtact,or w provlde a loss reserve, until tho ra{ulnmant ior mortgnge �
<br /> inaurance cada in axord�ace with�ny writt�a�gnement betweea Bon+ower and Lander or appltcable Inw.
<br /> 9.Inspection.E.eader or ite ngent mey mnice reasoaable entrIea upon and iavpxtiona of the Prapert�r.I.ender ehsll
<br /> g�ive Hotruwar natice at 1he tine of or p�ior to on insg�ction eg�cltyiag tr�sonn6le cx�r.�a tor the tnepection. 6;'
<br /> 10.Condema�tion.The praceeds ot any aau+d or cle�ra tor danasges�dlract or oonsequestdd,�a coaneattoa with
<br /> any candemnetton or other tektag of any patt of tha Property�ar for coaveyaace in lteu of condemnetton,aro hea+eby
<br /> eseigaod sad sha11 be p�id w Leader.
<br /> Ia tho event oi a tatal tektag oi the Propepty,the prooeede shell be applied to the sums sxured by this SecwIty o
<br /> I:tstrument�wt�ether ar not thea due.wlth aay�xcesa paid to Hortower.In the eveat of a pnrtte!teklag of the Property ia —
<br /> whicb tha ieir merket v�1ua of the Property immcdtntcly 6efore the takiag is oqud to or greater t1�an the amouat ot tha !
<br /> sume eecured by this Securlty Inswment isnmadiately beforo the taidng�unless Horrowar aad Lender othetwieo agroe
<br /> ta wddAg. the aun►e sccured by thte Socurlty Insttumeat ehell be tedoced by the anaovnt of the procoeds multtpliod by
<br /> the faltowiag traattoa(a�the total amouat ot the st�ms eocured immedIntelp betore the taklag,dividod by(b)the feir
<br /> enerket velue oi the FmpeRy Immodiatdy beiore the ta�ctag.Any baleaee sha11 be Paid 4o Bosrowe�'.Ia the eveat oi a
<br /> parttal talun�oi t�e Property ia ahlch the tair market value of the Property imsaediauly before the tnking Is less thsa
<br /> tho amouat oi the sums eocurod immedietelq befute the taktng�ude�Borrnwer and L�ender otheralee age+eo in wdtiag
<br />. or uale-�s a�pltcsble law otherwlse provides. the prooeeds shnU bo apPlied to the suias secured by thts SocurttY -
<br /> Inatrumen4 whethcr ar aot the sums are thcn due•
<br /> It the Property is abr.stdoned by Burrawer.ar I€.sfter nati�by i�eader to Bnrrower tbnt�he mndemasr ofterR to .
<br /> make an awas+d or settle n cleim tor damages. BorroWer taila to rGSpond to Lercder withia 30 daye efter the dats the
<br /> aotice ie givtn,I.ender ie authorizcd to oollect and apply tha proceeda�a4 ita apttan.either to restoration or repair oi the
<br /> Property or to the suma sarond by ttds Secwit9 Iustcument,whather or aot thea due.
<br /> Unlesg Leader and Bomower other�vlrye agrae ia wdtiag,any application oi p�ocedo to princtpal shall not ex0e�ed or
<br /> poetpone the due date of the monthlY Pnyments rCferred t°i° ParaBraPhe 1 aad 2 or chauge the amouat oi such
<br /> Poymeata.
<br /> I1.Sonower Not Released; Forbcaraaco By Leader Not a W�tver.E:tenaton of tho time ior payment or
<br /> modiCc�tioa of amortization of the sume secund by this Secur�tq Inatrument geaatcd by I.eader to my eaco�or ia
<br /> intanst o! Borroaer ehall not operatfl w ntemse the liabil�ty oi the originel Borrower or Borrower'e �re In
<br /> �uxs�K.�sha!!aoi 1�r���ircd to cam�a�proceedin�s a�nis�st aW►suc�sor�a iaterest or refuee to ex¢aad
<br /> deae tor paya►eat or otherwise:aodtfy aaiortizedon of thn sums exurod by tWs Security Instrusnent by rasoa ai.�ny
<br /> demaad made by the origianl Borrower or Horrowar's sucoessore ia iatereat.My tarbearaace by I.euder in ezer�l�a►g
<br /> any right or remedy shetl uot be a waIver oi or praclude the e:sn3sa oi eaq rlght or reenedy. �
<br /> 12.Suocessor�and Aeslsns Hound;JoinE and Saveral Liability;Co-sisnera.Tho covenaats and agroarnente
<br /> of this SecurIty Insttumsnt shalt bind aa3 beyaeiit the suoceseors and asslgas of I�der aad Borrouer.wbjeot to t�+a
<br /> provisIons oi patagrsPh 17.Borrowar's oov�nants aad ngraemcata shnll be Joint�nd several.Aay HonnWer Rho 0o a�ig+ns
<br /> thta Security Iaetrusnent but doea nos�ecute tho Nota �a) ie eo-sIgaing this SecurIty Instruraent oaly w mortgage.
<br /> grant and oanveq that Bon+ower's iaterrst ia tho Penperty uader the terass o� this Socorlty Instrumen� (b) is aot
<br /> pen�c�naUy oblt�ted to pay tho sums eccured by thie SecurIty Instrumeut;and (a) s8e+oee thnt Laieder aad aay other
<br /> Borrower may agree to artead.:nodify�forbear or m�ko aaq a000manodattons wtth regard to the ter�ns oi this SecurEty
<br /> Ioswmeator the Nate without thnt Bono�ver'e cansen� •
<br /> 13.Laaa Char�.If the lonn sec�med bY ttus SocurltY Inattument ie subjOCt to a law which este ma=imum laau =
<br /> clur�es,aad thnt inw is nanlly inurpreted eo that the�Atenst or other loaa cherges oollectod or to be oollacted in
<br /> ooaaxtion with th�laan eaoee�tt�o pennitted liaiite,then: �e� any such lonn chuge s1�aU ba roduced by the amouat
<br /> nea��uy to roduoe tt�e chnrge w the permitud limit; aad (b) any sun�s atrcidy callected irom Borroper which
<br /> ezceeded peren�toed limits aI11 be re�unded w Borrower. Leadar tnsy ahooee to�nake this refuad by raducing the
<br /> priac3pai oWed uader tho Note or by melung a direct paymeat w Bonoxer.Ii a rofund�duxs psinoip�l.the raducdaa
<br /> wlll be trated as a P��P�PnY�ent without eaY PnPaYmesnt charge uadet the IVote.
<br /> l4.Noticea.Any nottca to Borsoaar provtded for in thie Security Instrumeat ehell bo givea by delivedng it or by
<br /> m�iliag it by�ret cless ma�l ualess appIIcable Inw requires use oi anothet atethoE.'fhe notioe ah�ll be directed to the
<br /> . Prag�tp dddre�s ar aay othvr nddr�Anrrower destgantes by aotice w I.eader.a4aY aot'sce to Lender ehaU be glvea by
<br /> ftess cless meil to Leader's address statai henIn or eny other address Leader deaig�ntes by nottoe to Bon+oxer.Aay �
<br /> aottoe provide�3 for ia this Socurtty Iastrument shall bo deemed to t�ave bean given to Borrower or I.euder phen givea
<br /> as providod in this P�S�Ph.
<br /> IS.r3overnin=Law;Severability. 'flds Security Instrumont ahnil be governed by faderal law and tha law bf the
<br /> jurisdictiott in which the Property is loceted.Tn the evaat tliaat any provieioa or clauso oi this Securltq Instrumant or the
<br /> - Note c�anflicta with sppltcable lew.suc�contli ct ehsll not aEteet other provlsione oi thie�ecudtq Insbvment or the Note
<br />- �vhieh cean be given ettect without the conflictiag psovleion'To t�is atd the provisiona oi thie SecurItq Insaveneat and
<br /> 4'!te Note are dxlered to be severable.
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