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<br /> ``�`4";" �!'s� ` su3rs4�alIYeq u�valer[t�Fortgage insu�asice ooye�►ge ig aot avails�b2�e,Borrocver shall pay to L�ender each mansh,a sum equal to �,_
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<br /> .�:�.-.:. � ' oae�twelRh cff the ye�ly mertgage fnsu�ance�iemiuui being paid by Bomawea when the insutance ooverage lapse�os ceased.to� � �:_
<br /> �.:�.. � .,� _ , ui �
<br /> ' � a�� 4e in effect.Lensfer n's!I accept,yse msd r�mic�t�Zesa p�ymen�s as a toss cesesve iu Geu af uimr�Gag� insumace. Wss reserve� �
<br /> ui
<br />. �� ` � �`,' � • P�Y���Y tta IangrF 6e at ttte aptiqn of Lemler..if�ortgage i�itance o�verage(in ths anwunt end�'or ths�,riod�J �� �.
<br /> . w�.':A;c�L . �.�Lead� requiresa Provid�by�aQ in,Surer approved by Lender u�ai�becames availabie nnd is obtainc�f.8ortower shfai!pay � � �_
<br /> �. , '. ,' the Qre�u�uns re�aiced to maintaiu rctortguge insu�u�ce in eff�t�or so Pmvide a lo�s t+�serve.u�il the r�uiremetrt for mostgage� . i�:
<br /> �,..;°:��`��'��t� � in5vtaitce ends in ctom=dance cvith aay wntten agr�rcem h��reza�rt+awer and Lender or applirahle law.` �;;
<br /> dan
<br />'°` �`T: '` � 9 Iaspe�toa.i.eader or its agent inay maScee reaso�ab2e entries upon and inspections of t6e Prpperty. Lendet shalt giv �
<br /> �c, •:.�� ' . Eorrower notIo�at the time of ar prior tA aa in.s�peafon sperifyiag reasonab2e�Por the an�peccion. � , —.
<br /> `r u• '�`�:' . 10.�Cesnct�u�tEun.The of any awar�or ctaim for Qamages.direa�r consequer�tial.ia arnnection�vith an � �
<br /> . •:
<br /> a',' COIUZC�III3LIOI1 OI QIZl2i�SIdIIf�'6 aisy part af the Pcap2rty,er for wmeyanre in lieu of wndemnation.as�hereby ass i g n e d
<br /> � : sBall be paid to Lender. '
<br />--- �°�::-•�: I n t h e event af u tntal taldng of the Prop e x ry,the p�ce.eds shall be applIed to the sums secured by this Securitgi Insmunent,
<br /> s� f w8ether or not tf�en due.with aay exoess paid to Bamower. In tlie event of a partial tagin�af th$Pcaperty in wbfc�t�e fais.
<br /> ` market value oY the Property i�iately hefoi?the tal�g is equa!to or�ater than the amount of ttce sums secused by this ,
<br /> ,.a�. ;
<br /> . . Securiry Instrvmzat ima�e4iately before tne tatang.untess Borrower a�d Lender atherwise agree in writing.the s�ats secured by _
<br /> ..• :. ,-."° � , �this,S,�rtsy instcu�eat shail be reduced by the amount of the prooe�ds mulU'plied by the foltowing fradifln; (aT the total • ,_
<br /> �LL.,.�.�.,� :amouat ofi th�sams secured immedacPly befare the ta�n�,divided by tb)ttte.fair tnarket value of the Property immediateZy �s
<br />_�� `''�.•.�+,' b e fore t h e t a k i u g• A n y r f s al a a s e s h a U 6 e�p a i d t o S o a o i v e r. I n t h e e v e n t o f a p a r a i a l t a&i n g of the Pm p e r t y in wlucii the f�ir � �z
<br /> '`���_; �`�' , market value of t6e Propecty immedIaiely 6efore the taEciag is less tY�an tlte amo�int of the sums sec�ued immediately before the =-
<br /> m-�,�, ' . , taking,unless Borrower and i.ender othenvise agiee in wetting ar uWess agplicatsie law ot�temrise provides,the proc�eeds sha11 .
<br /> �_ . 6e appl�ed t4 tlie svms sec�ued 6y tIIis Security�nswment whaher or aot the sums are thea due.
<br /> .-'''�`�-` '� If the Progerty is abaztdonQd by Borrower,or 9E.after nodce by I.�nder to Bflirower,tLat the eondemnflr offers tn maice an �'
<br /> T-��'�" -,a�raa�ar s2it�e s-claists far�sges,Borso�es fails ic re�sc:�i�=Lea�� '+�*.hi�3(!�?y�After the date the mtice is gi�[t�. - �._ _ R;
<br /> .,.,_ . tt�
<br />- `. ..s-; _� Lender is autharized to ixiItect a�agpty the pmceeds,at its dption,either to ze.suoraiion ar repair of the Pro�eny or w the swns . �
<br />�=�`�._�� seained hy this Security Instrument,whetGer or not then due.• � . �
<br /> ��z1r;�.,�� UWess I�der.aad Borrawer otherwise agree in writtng;a�ly applic�tioD of proceeds w prinsipal sh�ll adt extend or
<br />_' ��Y.:��, postpone.the due date of the mondily payments referreA to iII paiagrapbs 1 and 2 or charige the amaunt of sach payr�nts. -
<br />;,�F2�,j 11.�orrowFS ATo4 Ret�;Forbearan�By�der Noi a�Vaiver.�xtension of the time for peyme�nt or madif cation
<br /> ea
<br /> r��`, of amorti�ian o€rhe sums secared by this Seccuuity Instnuneat g�anted by Leuder to any auocessor in insetest of Sormwer shall
<br />;;;� ua.-
<br /> .���;�.�� . �ot oy�-�e ta rele�se the,liability of-the or}gis�ai�ozmwer or B�rmwer's successois in interest.Lender sball unt 6e r�qnired to , -
<br /> ��.�;� caYame�e�proceeeclings against aay sucoessor ut iut�est ar refuse to exte�td time for payu�ent orotherarise atodify amortiz�on •
<br /> ���---�� .�f the�ams seaired by this Sewrlty tr, m nR�y �son of SI►y demaud made [sy the otig�ttl Bonov�eT oT 8om�wEr's
<br /> �3^ , ..suq�s in in[erest. Any forbearance by 1Rnder in excacising any rlght or reu�dy shall not be a waiver Qf or pr+ectude t13e �
<br /> :,-_ � eaercisr af auy right crr remedy.
<br />,'Vt.;F'_` _ �'� � • lZ. Sa�ssos�+ aztd A�fgaa Bo�md;Jo3nt and Sev�al Liabffity. Co-sIgneis. The coycaa�nts and agmem�tis of ti�'ss . .
<br /> ��,.�� n
<br /> � 5ecarity Instrument shaU t�ind and benefit the s¢ccessorc and assigns of I.ender and Baauwer, sub}ecx w the provisions of
<br />��.._"'`- ' p�ragraph iT. Borrower's rove�nts and agceements sha11 be joi�'and several. My Borrower who on-signs this Security
<br />_���+� InStrament but daes not execute ttce Nate:(a)Ys co-signing dvs Secarity instrument only to martgage,gcaat and canvey thet
<br /> �'-•;° Banawer's iate�st in the Froperty under the terms of tbis Seauity Instmment;(6)is not pe�nally ob}igatad to pay the sums
<br /> `�'�r� secu�d ts�this Secwrity Instrument;ac�(c)a�nees Wat Lender and aury other�onower may�ee to ehtend,uxidify,forisear or
<br /> ��,:: malce�.ascommodations with r+ega�.to tke terms of this Securi¢y tnsmimeat or t6e Note�v�.*iiaut t1�at�orrowePs cons�. •
<br />- '" . `�� ,l�.i�uan �i'the loa��naiued by this Sep�rity Ia.�vment is subject to a law whicb sets maximum loan c�sges,
<br /> �:�.�.___.�..
<br /> _�_-==="� . .and t8at law is Cfi�'�I'y�'mteiPzeted sa��the interest or other loan charges collectad or to be colieaed in ooanection��'�►the
<br />-����� •` :ivan exceed the perudtted limits,th�:(a�any�`i loan charge shall be redu�d hy We amonnt neoessas�ro ieduce t�e c�arge
<br />_ .___ �''' ta the.�itte�limit;2md N)anY s.rs�s�Iread.��llected frotn Borrawer w�:�h exceeded permiued limi's w716e re�cte�to�
<br />_;�_.;;;�;��� BorroG�: I,eader a�y choase W �'�e tlus reNhd by redacing the princtipal owed under the Nate'oz by makiag ai�iiireet' '
<br /> - ------_° PaYruent"'to Borrower. 1f a refund reduces principal.-the reducrion wIll be treated as a partial PnPayment wititaut any
<br /> -_ _ -- '-�- prepayment.charge uader the Note. � � —
<br />_ -`�_�"� 14.Nonces.A�p aattce to Borrower provided for in this Sea�rity Insirwsteat shall be given(ry delivering it or by mailing ., .
<br /> ��' — iY by first ctass mail'anless applicab2e law requims use of aaother method.'t�r��ntice shall be directed W the Property Address �
<br /> ---_� _ . or any oiher address Borrower designates by notice to Lender. Any notta:.Ra I.ernler sbull be given by firsL cia�s inail to , —
<br /> ----�-��� �stder'�',address stated herein or any other address Lender d�ignate�by nutice w Boriower: Arry notice provide4 for in tbis
<br /> Securit�t,.:Casuumen4 shaU be deemed to have been given to Born�.�ier or Leader wd�.en given�pmv�ded ia this paragrapic. , . ' .
<br /> ---- 15:'�Cowerniag Law; Severab�tg�. 'I9ils Security Insm,'?n�nt shall be govemed by federal law and the taW�:@.the . . _
<br /> juriscliciion'3n ahlch the Property is located.In the event that any pmviston oe claitse.of this Sec�rity Instrument os t�h:��'�T,ate •
<br /> wnflicts v�ith appltcable law,such cronflict shall not affed other prov�sions of this Securiry Instrutaent or the Note wbicL r,.�be. � '
<br /> - • � ' giVe�s¢t�ect without th�cot�tiicting provision..To this end the pmvisions of this Security Iastrument and the Note are�lared._ .�.
<br /> - - to be��able. . . . .•� , - .
<br /> ---� 1f:•�orrowet's Copq:Bartower shall be given one conformed copy of the Note and of this Sesurity 1AStrument. ,.. ��
<br /> _---�� i7.Teaaefer of tbe Property ar e Bene�'tidal Iaterest in Bflsrawer..If all ar arry part of the.Property or any intci^est in it , .
<br /> ls sold o�transfermd(or if a 6eneficial inter�in Boirower is sold or transferred and Borcower is not a natural.petson)without
<br /> -- ----_ � Lender's prior wtittttxy.cunsem, Lender may, at its optioa, require immediate payment in fiill of all sums secured by.this ,
<br /> 5eca�sity lnstrument.'Fiowever,this opt�on shall not be exercised by Lender if exercise is prohib3teQ by federal law as of ttie date '
<br />:.;_�y_�:�;i*�, � ofttuis�airityInswm�nt. . . - .
<br /> - ,+�� If Li:nder exercises this optiox�,Lender.shall�ive Borro�,�notice of acceteration.T51�a�atioe shallprovide e peii�of not
<br /> =_--__, less thah 30 days from the date t�e notice is del�vered or�C�d witDin which Borrower must pay all sutns secura��Sy this
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