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<br /> � payeaeata mny no langer be required,at the optlon of I.ender.lf mortgogo Insutanco covernga(in the ttnwunt and far d�e perlod „
<br /> :y,��.� ,.�`,� ihat Lender nqutres)pmvlded O�y an i�suru approved by Lendet again bcxomao uvailabla end ia obtafned.Borrower shall psy ido .
<br /> . pm,miuma roguired w meinteln rao:tgage lnsurance in effoc� ar to pmvide a loss reserve� undl tha requirerttent for mortgegs .
<br /> ,.�, ° � insurerca atda ln ascor�datca with aeiy wrlttc,�agroemcas between Bmrnwu end Let►dar or appUcable law
<br /> u,�,�,�.�� 9.Inspccdon. Lend�r or its agent may mako reasonabl�eaatcs upoa and inspecdons of tho Praperty.Lender shall gtve
<br /> '�~� Ho�rower nottco�t Wo dm�of or prior w an inspocdon spccUying reasons6le c�wse for the inspecdon.
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<br /> .���� 10.Candemeatlon. '11►s proceeds of any ewaM ot claim for demnges,djrcct or consoquaatlal.)n cannxtlon with any
<br />� � cande�nnation or other taking of any part of the Pmperty.or for conveyance In liw of condemnatlan. ars beceby essIgrtod and
<br /> . " � � shall be p�id ro Lemdu. �.
<br /> � �� In tbo avent of a to�l ta�ing of tho Propaiy�tha pr000cds shall be appHed w the sums secnred by this SacnrIty Ias�umeAt� '
<br /> �� :{ w h W�e s ar ao t t h e n due,w i t h a n y e x c e s s p a i d t o B o i r o w e r.T n t h e e v e n t o f a p a n i a t�I d n g o x t l i e�p e r t y i a w b f c b t h e f a i r m a r k e t •�a,°
<br /> ° value of ths Prnpe�ty Lnmedlat�ely before the mlcinng la oqnal w or greatet than the anwunt of the sums secu�cd by thia SecurIty .�'-'
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<br /> �Q'°*•� Insuumwi Immediately befora the mking� unless Borrowu and Lender otherarlse agzee in wridng,the sums secumd by tdis ",
<br /> - SecarIty lnstrument sdall be rre�duced by tha emount of the pmcaods multiplled by the following fiacdon:(a)the wtal atttount of ='Y�:
<br /> ..�� .'�f ,:. tbe smas sxue+ed immedia�uly 6efora the taldng�divlded by N)the fair market vatue of the Propecty Mmedlately bcfore the _-
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<br /> -:r=.:�=r..�. . t�i a g.M y b a�C e s h s il l h�p a i d w B o m n r r e c I n 8 t e e v e n t o f a p s c d a l m l d a g o f t h e P r o g e R y i n w h�c h t h e f e i r m a t k o i v e l u s o f t h e , `-.
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<br /> � � ,�....� Propeity Lamediately before tbe talcittg is less than the alaouat of t�e suma secured LnmodtaGely beforo tke taidng, unless ''_:
<br /> �;�'�"'`��.:' -� Borrowa m►d r.atdet otherwise ag�ee Ut writing or un[ess appllcable law Qthesaise provIdes.tlte piooeeds si�all be appllod to tbe �ti�
<br /> _ �r zi ; sums secured by this Securaty Ir�s�ument whether or aot the sums are then due.
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<br /> . y�,-�..�rd•, � 1f the Propelly is eb�radoned by Borm�wa.or if►etter nodce by L�euder to Bomower that @►e eondeauior offera to a�e en
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<br /> :�:�' �' . award or seule a claim far damages.Borrower fails to respond to Lendar ait�in 30 daya efter the date the nodx ia givea.Lenda =_._
<br />--.�.,`.:°.::<.• °�, is authorized t�aollect tmd�pply ttte prxeeda�at Its apflon�either to reswratioa or repatr of the Arope:ty or to the snms sxtued - _
<br /> - '�}',��- • by this Sxuriry laswmeut,whedte�or aot Weu due. _�-.
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<br /> •_,�,...:..::; ; Unless Leada and Borrower oWerwfse egroe in wridn6�anY apPllcation of proceeds to priudpal shall uot extend or poslpone --
<br />____:�_.,. ' d�e dus datc oi the manthiy paymeats refened to in parag�apbs 1 end 2 ar change the amount of such�ts. -
<br /> ; ��� , 11.Bomower loiot Rd�eased;Forbearana By Lender Not a Waiver. Bat�sIon of the dme for payrnmt or mod3�catIon
<br />--;�;'-';'i.�:��_:..i _' Qf�A nf ihs��+1re�hy lhL�SAc�I�y In��m�t gr�n��!hy i p-��t��.ny s,�cr�ca,r in i.�te�t�P Rnm�wer,ehatl .�
<br /> L�"�,��,.,-"_ poi opuate w release the liability of the orlginal Borcower or Bormwer's suoassora in intuest.L�ender at�all aot be required w •
<br /> :.�';�,�„:;,�? commencc pr000cdipgs ag�ast aay suooessor.ia interest or nfuse to ex�end dma for payment or otheiwLsa madify amoidzaeion of .
<br /> --.-"��q,�,�;:{.,::,,; the suma sectired by this Samrity Inawraeat by reason of any demand n�by We orlgiaal Botrower m Soaower's suooesso�s
<br /> -`:_�;�'.�'" ia inurest.Any forbe&eanao by Lertder 3a exercjsing any rlght or remody shall not be a waivet of oz preclude tke wcerc�se.of 8uy _
<br /> _�..-_.--��'�;:�� ri,ght or remody. -
<br /> =�_�;=�,�� 12.Saceesears and Assigns Bound;Jofnt and 3everal LWbilityi Cast�nere. Tha coveneats and �neemeaats of tdis
<br /> --_.�_��,;��•� Socudty Inswment ehall bfnd aad t,eaefit tha suocessors and eysigas of Lender and Borrnwu. sub3oct to tha pravisIons of
<br />�_:4_s�;��?g1�� paragcaph 17. Bornowei's cove�aants aad a�nents shall ba Joiat and seveiaL My Bormwer who casi�na dils Sxurlty
<br /> -=='-��.��� Inst�ua�eat but does aot a�aute the Nota (a) is co-signiag this Security lnswment only to mo:tgege,grant aad convep thaz
<br /> `-"�"``;�� Hoimwa's interat la tha Property unda thc terma of this Security Inswmenx(b)is not persoaally obllgated w pay the sums -
<br />-'�T"��_4 sacured b thia Sccurity lnsuumea�aad(c)ag�ees that LeAdor end ea otder Bom�wer ma
<br /> -----_•� Y Y Y�to e�ctend u��Y.fotbear or
<br /> :�,-1�-..��,�;i maka eny a000mmodaflans wtth nga�M to the te�ms of this Secudty List�unxat ar tho No�a withous d�at Bfl�rowa's oonsent
<br /> _�.�,�.n�,-"='a 13.l.own CNtsges. If the loan secured by lhis Socuriry Lutn�meut ts subject W a law which sets maximum loan cl�arges,
<br /> -..-- _-_--= end that law�s ffinelly��i�terpreted so tlwt the interest or other loan chmrges collectal or w be aollacoed in cormxtion wlch tho laan
<br /> ---- � ezoad the pemnitted lirnits.th�n:(a)any sucb loan charge shall be sednced by the eaaouat aeo�sary w teduce the chatge to the
<br />=-�:?� Pamiuod Wttit aad(b)anY sums elready wllacted from Bom�wer which exoeedad pesmitteed limits wlll ba refl�ndod oo Boimwa.
<br /> ------.�=�� L�eader mey chwse to m�ice thia refand by reducing the pricictpal owed under tke Note aa bY ma1�n8 8 dirxt PaYmcnt m ----.
<br />-:-_-- Botrowa. If a n�fund r�uas pdndpal�tha red�ctlon wlli be Ccatmd es a F�p�PaY�t aithaut aAY P�Ya►�t�Sa
<br /> -- "'�°� l!!ldtti th9 L�TO?4.
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<br />- _-= 14.Notkes. Any nodce to Bonuwer provtded for ia this Sec�aity Inswment shail ba given by delivertng It or by mailiag it _
<br />_�='�� by 8rst cla4s mail unlsss a,�pltceble law teqW�es use of another method.The noiioe shall be directed to the Roperty Addre�s ac _-
<br /> ----_:-_� any od�et address Horr�owe:r designates by aotioe tu Leader.Any nodce to L.�ade�shall be givea by 6rst cl�s meil ta Loada's '-
<br />-�'''b''�""�"'"°'� address staud haein or any other addresa Lender designates by norioe to Homower. Any nadce pmvided for in tdis Sxw3ty =
<br /> --a��.``"��,� L�s�ua�t shall be deemed ro have beeu givea ta Boimwer or Leadar whea g[ven ag provlded'a►d�is para�aph.
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<br />-=��,�- IS.(iovtrning I.aw;SeverabWty. 'Itiis SecurIty Inswmeni sbatl tw govern�od by federal 1a�v end the law of ma [-_ --
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<br /> °`• � r,..,. j�dictlan ir�whic6 tlta Propeny is located.In the event that eny provlalon or clause of this Securlty Instiumeat or tho Note - -
<br /> ����c"���;��,��' � eonNcts wIttt lfcable latix�such contlict shall aot affect o8►er rovlsIoas of this `
<br />_ app p Se�ity InsnwAeAt or tha Noie which caa be _
<br /> _ g[ven effact arithout the oonALcdng provlsIon.To this end the pmvisfons of this Security Inswment and the NoOe are doclaeied w _ -
<br /> _ .,n.,,�.. . '` be sevc�abk. -
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