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<br /> � paymea�ts��itay r�o tol�er be regnired.at the agtio�of Lettd�r,if mmtsage i,nsuranre oaveca�(ia the amouat ur the period .
<br />,. � tYnt Lendcr rcqusr�s)providc!d by an tnssncr approva9 py 1.enQ2r agaia,bcoom�avaituhle`�nd ls obmineat.Borm�er�ttall pay ,
<br /> , 4he pmmiums reyuimd Ro mainwin nqon�c ic�surans�in effect.or to pro+.�de a toss.reserve,�inlil the requireraeat t'or mnrtgage
<br /> tasu�tnoe ends in accord�nc�e�vitA at9y errttten�rCeinent betu�ee�Borrower'�Lead�s oi applicabte taw. , . ,
<br />- �.�spectIaa.i.ender or its agemt tn�y makz rea5unabte cntjzes�sgoa azcd ir�spections of tL�e�gerty.Lender sY�atl give
<br /> _ �arru:::,r aciic�at�.�tisr.�af�r psi�r so e.�i�i�s�ft i:�;rea:or.3bie c2�fvr i�ss���ion. .� - - - ---._- --,
<br /> � 10. C�ndema�ttaa.lgie prad�eds of any u�vard or cL�irn for daffiages�direcx or caasequehtial. iat cona�tion with unyr '
<br />� . anndemnatimn or other ta�ing of any.Fa�t�of tYte Pro��y.or for c�eyaaoe in lieu of-aonaem�atiun,are h�eby assligaed�td
<br /> s�ll 6e paid to t�ertder: • � � . `
<br /> , In the event of a toal�ng of the Properry.the praceeds shall be�plied to che sums sesumd Dy this Securiry lnsaureent, � .
<br /> � whettter.or aot then due,with any excess'paid t�Bormwea. Ln the eve.�t oF s►partial taTdng of the Praperty�in wttich the�air
<br /> market vaiue af tf�g Frngerty immediaEety befbre the tatcing is�al to or�tec than the amount`of the sums seQUed 6y ttds .
<br /> Secnriry Ir�stiumem imme�iaiely befoie the talclr�.unless Bomower and Lehder othenvise a,gree in writing,tt�e sums se�red by �
<br /> this'�riry InsAvment shal�be reduced [ry the am�uat of&e proceeds muhiplied 6y tlie following�Stian: (a�the total ' '
<br /> arawr:+t of tt�suais secuzed�mm�diatefX before d:e tatdng„divided by (b) the f�r martcet vatue of the Pmperty imm�iaielg►
<br /> before tiie takin�. Any balance shal} be pai¢to Borrowes. In tl�eveat of a Parti�takfng of the.Propertyi in wIricd� the fair_ �
<br /> �market value of ttie PrapertX iunaediatety before�the taldmg is fess tfian the amount of t�te suuts secures!immcdiazely before the
<br /> tasdng,un2ess Borcower aad i�ender atheruv�se agree in wtiting or unless appHcabte taw otherwisa pnuvides.tHie prooeeds sfiall
<br /> � � be appfied to the snms secuced by tb�s Secaiiry��*�+±�whether or not the sums are then due.
<br /> . If the R�operiy is aGando�by Bormwer.az if.aPter�tiCe by Lender ta Borrower tbai the oan�2msmr affers to rna�c an
<br /> ' � awaYd or�ttte a'claim far d�magps. Bormwer fa�s to respond to Le�der within 30 days after tt�e daie the nouoe is given,
<br /> � Lender is authoti2e�i co ootte�:t and appty tDe pioc�ds.at its apiIon,eitfler�o restar�tion ar repair of the Property or to the snms .�
<br /> � serured hy'thia Security Inswment.ahether or aoi then due. . � -
<br /> � Unl�s �er and�nrrower otheiarise a�gree in writiag,�y apg�lication,of proceeds to princ�pal shalt n�t eatend or. ; .
<br /> postpane tI�due date uf the inoattily pa/ments cnferred w in paragraphs 1 aad 2 or change the amonnt o�swcb payments: -
<br /> . � Il.Borr�►wer Atot Rele�;FosbeaFance By I.ender Not a W�i�ei'..�cteaston'nf the time for payaieni af m4di�catioa.
<br /> �of amc�rtizafion of t�e sums sec�rted 6y this.Security:InsVumeut gcanted Iry Lender w any successor in�aterest of.8o=rower sfia9l ��
<br /> aflt operate to re2ease the liability of the original Borrower or Borrower's surcesso�s in interesf.Ixnder si�all not 6e.reguued to
<br /> ao�enoe gra�ings against any s�ccessar in inte.r�t or nfuse to'extend time for payment or mthenvise madify amoztb��on
<br /> of the su�s seciuec! by this Security insavment b} reason of any demand made by the.original Borcower vr Borrouer's.' �
<br /> . snao��sois tn interest:Any forbeararcce by Ler.der in eaerc�sing any rig6t or crmedy shall qnt bc_a waiver of ar�recInd�tl�e
<br /> execc�se of any right or remedy. . .
<br /> � 12. sar�ana a��saUna;aar�t �,a seo� ra��y;CaSigaeis. The oove�ants and agreemcnts of tlus
<br /> Searrity Instzvment shali bind and henefit tne successors an�assigns of L.ender�nd Bnrmwer, subject to the piovisions of ..
<br /> �`�parag�raph 17. Boirower's oovenants and agreements sha11 t�joiat and several. Any Borrower who oo-signs this Secarity `�
<br /> � InstNmeat but does.not execute.the noae: (a)is co-signing'this Security•Iasuument•only to mortgage.giant and oo��rey t�+at �
<br /> Bomower's interest in the Property under the terms of this Secauiry Instruroent;(B)is aot personally obligated to pay t2te suu�s _
<br /> � secvred 6y this�5eauity instru�ent:and(c)agrees that I.e�er and any other Bormwer may agree to extend,modify,fortxar or_
<br /> make auy accam�datea�wi�h r�;ard ca�rer�s of tuis Sgcurity�nswunent or�ie Nqte withawt�at Borrower's uons�,.-_-__.--:. ._:_
<br /> - - . � 13.Lo�n Ci�arges:I�the 2oan secu�by this Serurity Insmiu�tnt is subjeca to a laar�wiuch sets muimum loan ciiarges, '
<br /> 'a�tAat Taw is finalIy interpmxed so that the interest oT Qther loan char�es wllected or to be caltected in conaecrioa wit&the
<br /> loaa excee�thc permitted limits,then:(a}any such loan charge aha,il be reduoed bp ihe amPUnt necxssary to reduce the charge
<br /> � to the pemntred limit;and(b)any sums atready coRected from Bontowet wiuc�exoeeded peraiitted limits will 6e refuoded to .
<br /> � ::��ior�wer. I.ender'may eimose to matce this refuYtt��i�y redueing t6e princIgaf owed un�er the Note crr.by �alcmg a dire�t �
<br /> '. ...� �l�Yo�.to.Sorrawer. pf a refun6 reduoes p�dl, ttie reduction wUl be ueate� gs.�.,partial PreBayment wit6ont any . •
<br /> . �r�DaYtn!tn�;y�harge uader the Notie. �� �' ' � ':' ";,; , ' ' ;.+°., ,
<br /> •. 14:.�i'�ilbes:Any noti@e to Bo;rower pmvided for in this Secar(ty Instiument shall be:'{�ven by deIiverin�it a�Oy��:ailing' �
<br /> � it 6y rrst�c2ass mail uNess applicable law requires ase of anather met�aid.The eotir.�shal7 he directed to the Frn�erty Addmss .;'�.�.
<br /> or any ouYer address�c.rmwer Qesi,gnates b notice to I.ender. "' ''�
<br /> . . Y Ai►y notice.tn i.ender sha11 6e gi�en by first ctass tnail op ::,r,,;;
<br /> Lender's address stat�di t�In br any other address L,ender desigrates by ncnf�i•to$orrower. Any notice pr�vided for iq ttus ' ��•''�>`
<br /> 5�rity Instrumeat atr�S�6e deemed t�s��ave bcen given to Borrower or L�ender vrhen given_.:c provided in t1�fs paragFaF�.'� � �
<br /> Y5.Gqvernit►g L�►w; SeveMlti�6y. This Security lnstnunent sh�ill b� govemed:�#}��'federal taw anQ the la�v:.mPthe . �
<br /> jurisdicaion in wbich r�t�Property is fecated. In tl7s eveni that any provision br clause af ii�is Securiry In,suument or the Noto �
<br /> canflicis with applicab:�:[aw,such wnflict sha11 rcit u;�f'cct othe.r provisions of:ii;In Securiry Instxument or'sl.i7�Note vqitich can be
<br /> given effe�t witfaut tlte ounflicting provision. Ta 2[t'ss end the pravisions oF#Ri:�5ecurity InSirument�tUi�.h3iia Note are dQCtared .�
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<br /> ta be severable. � .
<br /> • 16.�narower's�opy.Borrower shall b.:given one wnformed copy of the Note and or t�.1i�Security,E.hstrument. �`.. .. .
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