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<br />;�,'��` � �ents may no longer 6e rcquired,at the option ogl.ender.if�o�tg�,re insurance co�aage(ia the amount and for the periad� _
<br /> _�`' . ' tbal Lender 'reiNites)Pmvided 6y an imuni appraved by Leudet a�atn becomrs available and is.oiotained.Basrow�r shall�ay . —
<br /> ,Y=; , ,ths premiwns requiza!to maintain�ort�age nnsurance in effect.br.w pmvide a los�re�sare,��wtil the requirieu}esrtt for martgage , _-
<br /> �. '�' ' ias9uanre euds in arconiance witf�any writte�agreeaient 6etaveen Bonawer and Lender or atsplicable law: • -
<br />',�;,�;�r 9.Ins�aCtio�.Lender or its agant may make reasonable eatries upon an�insgections of the Property.�eRder shall give _
<br />:_—�� - Sarrawet�notirc ai t5e tims of ar p:inr to aa in�xion specifying eeaso�hte c�use for t6e inspectian. - _
<br /> - lm.Condemnntton. The proceeds of any awazd ar claim for damag�s,direct or conseque�ial. in connearoin�th any
<br /> .y,� oondemnation or other taking of any�rt of the Pcoperty,or for.�nveyance us li�of wndemnation,are hemby as�ignad and _
<br />._� shall be paid to I.ettder.
<br />-;�,� Ia th¢event of a total takin;of the Pmperty,the proceeds shall be applied to tlie sams secured by tlus Scct�ricy in �^* " --
<br />�:¢-" . whethEr ar not theit dsie,.aritte any excess paid to Bortower. In the event of�a�partial.:gakin�P����h+_�wlucii the fair
<br /> � t�t v�lue of the'Property�y b��.o�e the tatdng is e�nal to or greater t�an;:.tT�e.�mbunt of ttie swas seatred by this
<br /> `�� . , Secnrity Instrument iaun�E�r�he.'�z,�•r.�is�g��;unless Borrower and I.ffidzr�sft..�r�xis�:a�ze;inI sva�ctt� the swns�seaurerl by " -
<br /> � �•� this Se�urity Insaument sliaYt,�ice;+;.��,iz�,�;t��t amount of the pmoeeds'�iul�p�:�.,��tYie"foltaii�hng"fractton;�(aj the wtal -
<br />_-=� amoimx'o�.the sums secured�"ateiy before t$e Wdng, divided by(6)the fair maticet valae of the Pmpeny.immediately -
<br /> ��'� . before t�e taldng. Any balance sT�a(I 6e paid ta Boaower. In the eve�et of a partial taking of the Progerty in which the fair =_
<br /> -s� � market vatuz of the:Property immediately beforc the tatdng is less than the amouat of the smns secured immediatety 6efore the _
<br />..��� tatang,unless Boaower and[.ender otherwise ag�e in vmting ar ualess applicabie law othe�u+ise provides.ttce proceQds shall _
<br />�,�:.;� 6e agplied to the sums secured by this Security Insmunent,whether or not the sums aie then duc. , � �
<br /> _=— jf the Property is abandoned by Borrower,or if,after.aotice 6y I.endec to Borrower that the rt}ndetl►aor offeis ta malce an. �
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<br />--�•^o � --�-� award arsettle�claim-for damages;��Borrower faits�to-��espo�d co Lender within-30 days-after thcdace�he-notice-is�glvcn:�--��-�
<br /> `° Lender is authorized to coUect and appty the pracceds.at its oplion.either to restoration or repair of the Prapeety or t�th.sqm9 • "
<br /> _ secured by tisis Security Iristrumeni.whether.'�nr not theo due. ' •
<br /> , Llnless Lender and Borrower otherwise ogrce In wtiting. uny u�pliptton of procecds to principal �ha!! not cxtenA or
<br /> � postpone the due'Qatz of the monthly p�yments teferr�ed.to in pars�raphs_1 IInd 2 or change thc a�naun)af sunh payn�ents. .
<br /> --- il.�arro�e�Not Released;For�cu�nce By i.ender No!a WatvP�.�xtension af che timc for payment ar mad3tirution
<br /> ---��- of suwrti�tion of t6e sums setur�d by this 5ecur(ty,�nstrument grantod 6y Lender ta any sucxssor'in intenesi af Sunawer shall
<br /> ��� � noroperate to celease the IiabilIty of the ori�tnal Borro�ver or Borrnvrer's successoss in interest. l.ender sha11 nat be reqftir�d to
<br />,•_�� � commsnce proceedings ag�inst any successor in interest or refuse to extertd time for payment or othsravisE madify amortization
<br />=s=�� of the sums secur�!by this Security Instrument by reasor� of any demand made by the original Borrower ar Bottower's
<br />_�s j succrssors in interest. Any forbearance by Gender in ezercising any right or remedy shall not be a wa'iver of or pretlude We
<br /> = exercise of any right or remedy. � , . . ,
<br /> ---= 12.5aco�ssors and Assigns 6uuad;.Yaiat aud 3everfil Lia6flity; Co-s�gueis. 1�e covenarets and a�reemenu of this
<br />_ Security Instrument sttap biad and,b�nefit the successors and assigns of Lender an�d Borrower, subject w the provisiunv of
<br />--_ para�iaph 17. Boaower's covenants and agreemems shall'fie�joint and several. Any Borrowar who w-signs this Secasity
<br /> - Instrument but does not eaecute the Note:(a)is co-signing tlus Security Insuament aaily to mortgage, �ant and canvey thai
<br /> Enrrn�arer's mtec�st in the Propsrty under the tetms of this Security Instru*.+;�nt;{b)-is nat personally obligate�to pay the.sums
<br /> secured by this Security Instrament;an�(c)agees that Lendrr and any c.�rr•x Borrower may agree ta extend,mudify,for6ear or � �
<br /> -- - make any acoommoda4ions with reRard to the terms of this S;curity I�'i�nt or the Note without tE�t�orrower's consen�
<br /> - ,13.Lvan Chsttges.If the E�n secured by this Secutnao;Instrumen3 is subject W a law which sr.:s maxtmum loan chaxges.
<br /> ' �id1�;�;3�t law is finally interprdt�:so tbat the interest or o'�er toan eharges tellected Q�to be collec'ted ih oannedion with the
<br /> •. 1rta�excQCd the permitted(imi4s�t;�:en: (a)any such loan chazge sha11 be reduced b�r�e amoant a�.�ssary w reduce the charge
<br /> ' ` to the permitted limit;and(b)ariy sums already wllecfed from Borrower which exceeded pemritted limits will be refunded to ,
<br /> ,Boaower. Lender'may choose tb ma�se this refunA by reducing the principal owei3.�nder the Nate or by malcing a direct
<br /> payment to Bonower. If a �und reduces principal, the reduction will be'tr�;e�l•as a partial prepayment without aay ' ,�
<br /> prepayment charge under the:�'tau':�: . ' ,' �
<br /> . 14.Notfces.Any notice to�$onower proyided for in this 5acuriry Icstrument shall be given�y del'ivering if or by mailing
<br /> it by fi�st class mail untess applicable Iaw requires use of another met[��:t`:The notice shail be dir��to ihe Property Address
<br /> - or atiy other address Borrow�r dr,signates[ry noBee to Lender.��;-�:�viice to L:ender shall be given by first class mail to
<br />==�� Lender's address stated herein or any other address Lea�;:a•designaies by notiee ta�Lorroviet. My notice pravui4.�for in this .
<br /> ---- Securiry Instrument shall be deemed to have been gIven to Borrower or Lender when given as provir�eQ in this pzs�graph. .
<br /> 1S.CoverNag Law; SYVerability. Thts Security insdurnent shall be govemed by fed�,�7 taw and the law of the .
<br /> ----- jurisdiciion in which the Property is lacated. In th�event that any pmvision or ctause of this S�;t:zy Insttutnent m the Note
<br /> - conflicts with applicabte law,�ct�wnflict shall not afFect otbCr,provisions of this Security Instrument or.the Note whiCh can be
<br /> given cffact without the wnAacxong provision.To this end ch4 pravisions of this Secarity�In�wment and the Note are declared •
<br /> - to be severable. . � •
<br /> _� ' D6.Borro�ver's Capy.Bonower shall be�iven one wnform�copy oY'the Notearid of this Securiry lnstrument. -
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