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<br /> 9 5..�0459•s =_
<br /> p�aymcnts may na ionger bo raquirecf�at tho opdon of Lender,if mortgago lnsurrmce coverage(in tho amouns and for tho putod =
<br /> that L�ndr.r rcquires)provtdcd by an Insur�r approvcd by Lend�r again be�mes available and ia obtal+ned.Botrowa shall pay the `
<br /> prcmtums rcqalrcd w maintein mortgage insuteaca In effec�.or to pravlde o Ioss reserve,untll tha roquiren►ant for mon8a,ga !
<br /> instuanco onds in ecaxdanc8 wtth s��y wrlue��ugr�acnt hMnvoen Bueroa�er and Lendar or�llcab�la�w.�.l.ettder shell glve �=
<br /> 9.Inspectbn. Lcnda or ita agent may mslce reasonabla ca�ties upoa and lnspecd
<br /> Boirower nodco at tho dmo of or prlor w an inspocdon apxifyln8 reasonabte ca�se for tha inspecdon. _
<br /> 10.CondemnAdoa Thc pmcceda of any award or cleim for Qaznsges.direct or consequeaxial. ln cannecflon with eny _
<br /> condemnation or othu taking of any pa�t of tl�se Propeny.or for canvoyance in lleu of condeannation,are t�eby aQSl�aed and r.
<br /> st�aU ba pald m Lcndet. shaU be a lled to the swns securad by tt�s Sxurlty Iastnurtex►� Y
<br /> In thcs event of a totef�elcing of tho Pcapeety.the pmcee�9 pp of the ProPe�►Y in whlch the feir matktt --
<br /> whethe�r or not thcn duo.wW►any exc:ess Paid to$�w�.t°the°vent of a pardel taldu8
<br /> vetue of the Propeacy immedtatcly before the talcing is equal m or ge+eaur t6an thse aawunt of the suma secarad by thia Sxurity �
<br /> L�suument lmmediately befare the takin8,unkss Bomower aad I.euder otheswlse agree in wrlttng.thu sums secure�by thls --
<br /> Securtty Lisuumeat ahall be reduced by the e�nouat of tha proceeds muldplie�i by the tollowtng fraction:(a)the wtal amount oP =
<br /> the sums scaated immediately bafom the taldn8.dlvEded by(b)the feir asrlcet value of the Pmpem► ialtnediauly beforo the -
<br /> tatdng.Any batance sball be Wdd to Borrovrer.Ia tbs evwt of a pa�tisl talcing of the Pmpaty in which the fair market value of tbe
<br /> Prope�ty �ately befoie the tnidn8 t� less then the araount of the surns sr�u� fimaesdi�uelY l�tan the tRk[ng. unlc�s �
<br /> Botmwer and Leader ot�ke�s�+n,a�in wr�h►g cu unlecc applic�blo law otdeialse provIdes.dte proeceds sJ�all be aDDlied to tLe .
<br /> sums secured by Wis SecurIty Instn�ment whethcr or not the sums are then due. _
<br /> If the ProAe�tY is abandoned by Boaower.or lf.aftar motice by Lcader m Boimwer that tbe wndemnor offas ta malce an =
<br /> awazd ar settlo a clatm for demages,�onowa fails oo aespond oo Lender wUhin 30 daya sfoa the date Uee rtotbe Is givan,Lendsr
<br /> !s autbozizod w collect and apply We procoods.at its opdon,eitha w rest�o�ation or npair of the Prope�ty or to tho suma socured -
<br /> by dds�ecuriqr InsuumeA�whether er rtot tbea due.
<br /> Ualess Lender and Bonower othesw�so agroe in wrltin8,a�►Y ePPllcation of proceods to prInclpal stial!not oxcead ar posq�oae
<br /> tha due date of the monWly paym�nts refeaed tn iA Para�aPha 1 ead 2 ar cl�ange the amount of such paymemt9.
<br /> 11.Borrower Not Ltete�di�r�$a By d.ender Not a Wafve�r. BxW�sien of the duie for paymeat or�
<br /> of amo�on of We sums se�u�ed by this Securiry Insuumeat B��by LeAda w any suxessur in int�rest of Ba�cowa shaU
<br /> noc opuata to nkase the Ilabiticy of the originai sarrowi�oF��rwer•s�1a f�s�resi.L�ste�!�t t�r_.re�uued m
<br /> coaunence Pmco�in88��eny sucassor in interest or r�fi�se w e�nd dme for payme;at or otherwLss madtfy arao�iuition of
<br /> the swns socuIed by tbis Secucity Insuument by season of any demand rseade by the origlnal Borca�wu or Barowa's suoce�rs
<br /> ia intu+est Any fo:beai-anca by I�ender ln exereLging any rlght oi remedy► sUaU not be a aaiver of or precluda tha e�ceretse of eny
<br /> r�ght�nmedy.
<br /> 12.Suacessors nnd Assigns Boand;Joint and 3ever�l LiabWtyi Co-signaa Zhe cove�ants end apoea�uts of t6is
<br />- Sec�uity Iastmmeat shall biad aad benefit the succeasors and assigns of I.euder aad Bomower. subjoct W the provlslons of
<br />= pacagiaph 17. Boimwar's wvenaata end agceements sball be joint end seveial. Any Borrowu aho co-sigasend caav that
<br /> Iostiwnent but daas not e�cecuto the Note: (a)is co-sigr►ia8 this Sec�rity Insaument only to moitgage,Sraat �Y
<br /> Seurower's in�rest ia the Prope�cy uader the texws of th9s Secudry Instrumeax(b)is not pasonallY obU�Od to P$Y the sunns
<br /> seciued by Wis Sec�uitY Insmimea�and(�)agtees that L�.mder and any other Bomawer may agreo to excend�adifS►.faibear or
<br /> maice any aceomiaodarlons alth regard w tha tenns of this Saauiry Insa�umeat or the Note arIthout tbat Boaovua•s oonsa�t
<br />= 13.Lo�w Cl�arges. If the loaa secured by tLis Secuilty Instrumeai la sub,�t to a law ahich sas maaMwn k�an charges.
<br /> - ar�d tbat laar is SnaUy int�so d�at the laterest or oihet loaa cl�arges colle�d or.o�be oollocted in oonncctan aS�h the Loan
<br /> a�caxd the paa�itted ltmits.thea:(a)$ny sueh loan chacge shall be ieduced by the amouat nace.ssety to redux the ctiarge to tha
<br /> pecmi�d 1imi�and(b)any s�mas alc�eady coIlected from Botrowa which ezeceded permitted limfts wIlll be reftwded m Borrowu.
<br /> I.eader may chc�ose to mak�this refund by red¢cing t[te principal owed under rhe Nous or by makiag a dimet paymmt to
<br /> Bo�ower.If a m,fuad roduces prlacip�at�the reduction will be treated as a paid�l prepaymeat wdthout enr PnpaYma►t char8�
<br /> unda the Nou.
<br /> 14.Notloes. My aotice to Hrnrower pmvlded for in this Socurtty Ins�uumeat shall be givea by deliverlag it or by mailing it
<br /> � by 6cst cla4s mail ualess appUcablo Taar requires uss of unather methad.7he noBoe shall be dIrect,�!w tho Pr+opaty Addnss or
<br />_ any other address Borrower desi�ates by nodoe to Leader.Aay notke m Lender shall be glven by ficst c,�ss miiil to I�Wa's
<br />_ address stated hcrein or any other addres�Leades deslgnates by notica to Botrower.Any notio�Paovided for in this Secuslsy
<br /> Inswmrnt shaU be doemed ro have been givea to Bonower or Lender when glven as pmvided in thia parag�raph.
<br />-- 1S.Governing Lasri SeverubllIty. ltita Sectuity �.n�tcumeait s1iaU be govemed by federal law mtd d►e law of the
<br /> jutisdiction ia which the Propesty is locatetl.In the event that any provlston ar cleuso of this Secarlty Instrumeat or tho Note
<br /> oonnt�ccts with applkeble law�such confltct sball not a�"oct othe�r provlsiona of thts Sacurlty Insuvma►i or the Nota whtch can be
<br /> = givpt e�'ect wlthout the contllcw�g pmvlslon.To this ead tha provisions of this Secutity Instsumeat end the Note are daclarod ro
<br /> _ be e�verable.
<br /> = Form soz��roo
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