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<br /> . gayments may no lan�er be ceguised,at the opdoa of Leader:if caonsaga inscaranse cov�rage(�n tHe aumunt a�sd far_tke�erIod
<br /> . . . tbat i.endQr reqri�es)Provided by a� ir�roret ap�ved by I�end�a�ain bzcam2�ava3L�b1e and is obtain�d:Bu�rovr�r shal�p�y . .
<br /> . tAQ premiums�quired to�i�ai�moRgnge insur�+x in crffect.or to pxovIde�loss reserve.until th:requirement or maitgage - ` .
<br /> , i�.sutattaa ends in uxoj�anr+e vvith tmy vnitten a�sc�ement T�xtween Borro�vetand t�ender or spplicaDte taw. . � : ' �. .
<br /> , �.�GSp�ecilon.LRatd�r or its t�eat tn.�y ma�t�e9sunable emrte�ugon�0 i�s�sectians of(1ce Qro�y. Irender 56a9t give,,
<br /> BoFmwer notice a4 the tim�of tir�tlor fo an iaspectioa sgec�fyeng sasona6le quse far the inspection. � � ,
<br /> Y0. �o�d�tion. Ttte pcaoe�s of nny'awsird or claim for da�ages: direct or consequentiat. in eonsiect�ah with any ,,
<br /> � ooa�emaadou or ati�er tatQng of`uny p�2 of tfie Ptoperry.or for canv�yauce ia lieu of ainde�on.are hcre6y assi��id
<br /> sha116e pa�¢to f.e¢dgr. . ` , `�
<br /> in the e,vent oP a taml tr.�n�of the Property,ette prQCe�ds shall 6e appli�d to the sums secured by.this Secarity ias2�um2nt,
<br /> wh�her or not then due,with arny e�ss paid to SamnRrer.Ia t�e event of a partia!taking of the Property ia.wwl�icla the fai� .
<br /> ma�rket ealue of the Property 4Ynmediately 6efote the tatdng is eqr�at w or�reater t6aa the amoimt of tiie sums secured 6y this
<br /> Secuairy�eat immadiately before ttlie tats�ng.unte�Bonpwec and Lender otheewi�e agree in arriting,the snms secured 6y :
<br /> • this Sec�rity rnstaomeat sPiali 6e redac� 6y ihe a�ount of the groceeds mnitigli�by the.following fraciion: (a)tIte wtal
<br /> � ; araomnt af tke suffis se�ured immetiatdly before the talang,divcded by {b�the fair market value of tAe Pmpeny fmmecliatety
<br /> 6efor�the ta►siqg. Any bal�nce sJ�zll be paid to IIorcawer. In ti�.e even:of a partia�ta�ng of the Praperty in which tlte fair
<br /> market vatue cf��roperty immediately before tl�taking Is l�ss tl�i the a�wnt of the swns secured'+mm�a;arP�y'before the
<br /> taking,unless Bc�i7ower and Lender otherwise agree ia aniting�unless applicebte law otherwise grovides.the prcxeeds shaU
<br /> f�applied to�¢9s su�senurd by tlils•Sec�rttY Instr�ment wkettter or not the saims are then due. .
<br /> . , If t�e P-�pertya is abaudcar.ed 6y Borrower.or if.aRer notice by Le�sder t�.1d`x4'��per tFiat the corEdemnor ot�ers W make an
<br /> , ��ard oz�,a'claim fQr damages, �r,�wer t'sits w�spond ta,d�ader��;�3 days aftr�the date the nottce is givea.
<br />� � �e.r��r��:co cvlteec a�.aPP.ty'`�Sgroeceeds;�ac irs opda�;;�i��i��ma dr ei���fthe Praperty or aa tha sums
<br /> :,:',�,9°"•,+,-;�TC�.�".'�*L��lIjT1►:Tzn�';ntmant�Pl�IE�IOTI1LlL�'A,7i�. r �". ':;: ' ' ;. `'
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<br /> � ., Gialwss fi;��z:�;�ti��ower a�rwise agr�e,s��s..—TitinS, ai►S"�T-x�ta-s��c�pmceeds ta princigai sh�'1 nat extcnd.or � :
<br /> �_,
<br /> .postj�on:tt�e�.�uas�o��.s��rtrtbly payments refeneA to in gazagrarl?�;�l aad 2 or c6ange the amnunt of sach paymtmts.
<br /> il.Br.u�riu+�;�'?1l;;����a;F'orb�asance Bq Le�tder Noi A�5'w�ver.Extension af the time for paymeht or modiftcatioa
<br /> ' of amartIzatton di the sums's�cured by tlus S�it7t Iasuame�t grsnted by L.ender to a�►successor in iaterest of Borrower shalf , ,
<br /> not opaate to release the I�ability of We originat Boaower or Borioaer's successors in intere�st. l.endershall aot be teqair�ta
<br /> . commeace prmceedings against a�ny sua�ssor ia interest or�efuse to extend time for�payatent or aihzrwise modify amarti7ation
<br /> � uf the sums secured by Wis Se�urIty instrument hy re.ason of any dcmand mad�by the ariginai Borrocver or�oxrnwei's �
<br /> evccessass in iaterest.Any forbeaiauce by Lender in ezercisiag any rigbt or remedy•sha11�ngt be a w�iver of or preclade tl:e ' �
<br /> exeicise af a�ry ri;ht or,remedy.. . . , .
<br /> � ' 12. Su�ars sud Ass4�s Qonnd;Join!an0�everal �a6Slity;Co�tgnees. The wvcnants and�greemenis of tdis '
<br /> Security Instrument shall b�nd and benefit tfie suocessors aad assibms �f Lendex aiu9 Borro�ver. sub}ect to the provisians of
<br /> •,paragragh l7: Borrower's covemants,and agreements shall be joint agd severaf.�My tio�rrower cvho co-signs this Security . ,
<br /> ' Insm�m�tt but does aot execute the Note:(a)is co-signing this Security Inspument anly to morfgage,graat aad canvey that
<br /> .8orrower's interest in the�ragerty under the terms of this 5ec�rity Instxament;(b)is not pecsonaUy obligated to pay the sums
<br /> secured by this Securi,ty lnstaument;and(c)agrees that Lende�and any other Bomower may agree to extenc�,r�odify,fo�isear or
<br /> make aay aocdmmodations with regard w the terms of this Secariry Instcaineat or t�e Note without that Borroovea's oansant: �
<br /> �D3.Loan CE�uges.If the laan secured by this Security L�stmment ts subject to a law which sets maximpm loan charges,
<br /> and�hat!aw is firialJy int�rpreted so that the Interest or ot�er toan charges collected or to 6e collected i�conne�ction with the
<br /> loan eaceed tEt�pertnitted limiu, theo:(ay eny such loan cl�arge sfiall be reduced by the amau�3�ecessary to reduc�the cte2age .
<br /> to�th�pem�',�d itmit;an�(b3 any sains alrcady collected fram Samiwer which exoeeded per^,.:::�ed timits w�116e refiind��� �
<br /> Bor�wer. L�er may c@oose to make thia refund by teducla&the princigal c�red ander ii�e Nate ot�J,caa�n$a�
<br /> paymEnt to &":�rowei. IY a cefund �edua�s principal, the reQuctian will bx�un�ed as a��rtial prepaymcnt withm� r,m� �
<br /> ' PT�P�I:���w�er the Naue. , , . . . ,
<br /> 14 1�,��ts.My notice to Bormvr�r pmvidee for In this Se�as�ry�Instiucnen3•shali b���by delivering it or.6y cui�uit;� �
<br /> it by first ctass mail nnF�s atpplicable lacv requires use of another methad.Th�m:�c�shall be directed to the Praperty AC�.�SS . ' �
<br /> or any ather address B�uimimaer designates by nudce to Lender. Aay.natioe ta ➢.ender shsill be given by fi�st class mail to `�''�.��:�-
<br /> ' LenGer's address stated herein or any�other address Lender deslgnates by nottoe ta Barrower. Any nat'res psmtded for in this
<br /> 5e�uriry Insuument shall be de,.med to have been given tn Barrotv�er or LRnder when give�as pravIded in tt►is p�ragrapY�. '. '
<br /> DS.Goveraing La�v; SeverabS�lity. T69s Sectuity Insttument shall be govemed by federal•taw and the 1aw qf the .
<br /> . jtirisdictioa in which the Pirop�rty is 2ocaued.�In the eveni that an}+pravision or clause of this Securiry Instruraent or the Note .
<br /> • contlicts with applicable Iaw,such oonflict sliall not affect other pmvislons of tt�is Security Instrument ar the h`ate whicb can be
<br /> . giyen effect without the conflictiag provisioa.Ta�this end the provisians of tbis Security Instnuaent and ttte Note are d�lared
<br /> , to 6e s4werabte. •
<br /> ' „ 16.Borrower's Copy.Bortower shafl be given one confom�ed copy of the Nate�tnd of this Security Instrument. . .
<br /> . . Farm 5028 918U
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