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<br /> , , , • P���Y ao lon�er be require9.ai the optian af I�er.if mflrtg�ge insurEUSe�vetage(�in`tke amaimt an�for the�e n'oQ
<br />- :` . x•.` :<; thaL Leadez r�q�ices)P��trY��$AP��ti3►Iaader agaia b�o�s avaitab2e ar�d is obnlned. Bortawer s5a11 pay
<br /> . . . .¢he p�miams�aired ts m�:nmtn moagage ins�e in effe�.ur to pmvlde a toss ceserve.�1 the reqair�ueni.fcrQUZe�ge�
<br /> ,'� -.�... ,��: � insin�oe enqL��a a�oorQaace wIth s�wrItOe�ag�ent beYtiveea Baaower snd Leader a=apglirable la�i. .
<br /> '';.` . �,�, �' � � 9.�a.Lead�r or its a$emi may ffiaks�reasoaab2e ensrFes ugon and inspec�aas of the Pingarty.�.en.der shall give • t
<br /> - � E�no�et n�ii�ei�t�of os p�for to a�i�sp�tian s�Cifylag x�on�ble c�se for the ins��ctian. . ` �.� .
<br /> --�` ` ` ' 10.Con�a�tlaH.The prQCeeds of auy a�aYdi or rd���r dama$es,dI�t q-,c�nseq�.s�rona�ian wItl�ffi►Y
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<br /> .—�..�:���. _.__s�rlemiaatinn ar other�dag of�y part of t�e P�operts►=nr=for�nm►eys,r�nn lieu o�ooudemnauan�are her�by assig�d an�'.
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<br />- �..a.,:s..";:` s�a11 De p�id to I.Eader. . �
<br /> :=�� :- � In the event of a mtal tat�ng of t�e FmPartY.tIl�pmceeds sLalt 6e apQlEed to,the sams aecured by tHis��curity�e�,
<br /> ��� ` �.� ,whettier or uoi tl�ea due,with aay excess paid w Boaower.la tt�e eveai of a partial taYing af ttte�roPetig+ia wl�ich the fair
<br /> ..��..;., �'b� �Yet valne af the Progeitty►�diazetY bEfo�+a the taYing is equal to or g�eater ihan the atuouat of the s�s se�ed bq this
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<br />_._.:�a;,. ,.�� ' Sec�nity Ins�nm�;at imme�iatety before the taTdng,Qnl�ss Bouawer and#�ender athstwis�agc�e ia writiag,the ao.ms secured by .
<br /> . , . �<w�� • t�i�S�rity Instxuaae�rit shall be�lry t�ie amgant of the�tmc�eds�Itiplied try th�following frastion: {a)the wtal
<br /> . �4i:� taki�g divide�6y tbl tl�e f�is�arket�raIn�of the Prapecty immediatetl+
<br />;..._�;���;,,�,4 a�m�ni of the s�ms sec�ed�iazely before the , �i na
<br /> � H�� =,� ' befax�tHe tad�ing.Anyr bai�uce shall be pai�to Baaawer.Ia tit�event of a partial ea�ug of the Property in whicb Ute fair
<br /> ''�;�;- � � �i value of the Fiuperry ima�diateiY before the taYlag is 1�s tlian the ama�mt of tI�sums se�ured IInmediazely before the
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<br />: r;�;,, � � '� ta�ing,unless Bormwer an�Leader othetw3se ag�in,wtiting or unless applicab2e law othenvIse pmvides.tIte ps�ocee8s shat� �
<br /> :� , . .,'>:� �., �.t�;t,pplied io tHe snms s�med by tLis S��g Ir.�wI�e�er or aot ti�sums aie tYiea du�. , �
<br /> ,`'�:`;� �� ``::,.'If ths Pro is a'6aadoned di��°mr.�nn� I�er.m Eamawer d�at ti�caa�emnaa�offeis w make aza
<br /> -=--_ �. � �<<'.::; P�Y �i►�Q� �Jr
<br /> ,__._,,�..�`� . .. -.abvard oi seit?�a c2aim for damages;-��-�s ao��espand-w;Lender-�in 30 days after the da3e the notice ie given,.... �
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<br /> _�u.;;�' ,Lender is an�sIzett ta colLec¢aad appIg r�p�ds.8i it9�ptf0�;�et to i2stO1a1t0A Or ieg2�af the PIOpeTty oi to tbe suma
<br />-�=�'�`r��,: S2CI�Cd$3►�.R$2Ci1�ltY�IflB�CAt.VYhE'��J1 IIOt'tbSD d1IC. ��;. ;'�. ;.• , :�'` .
<br /> .,;,.;,�•'` ' Un�s Leadez sstd Bortower othen�ise ugiee in wait�g.'�gplic�on,c�f p�aaeeds t'u pr�ncipa3 sha1I not eutead or
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<br /> ..:.: ` Postpune t�e�ine c1ale of the tnombiY Pa�ments refeiied to in'pa�''�1 and��t .ai�ange tha amounF of surfi payments. .
<br />, 'r �:, . . Il.Barruwrr Not.Reieas�l;Far6mranc�e By Lea�Not o�'�$aer.�aa of the t�for paymeat or mudiBc�Qn . -
<br /> �YL,�'-:�' � of amortixation of the stuns sec�red by t�s See+ttity Instra�eat��y Lender tv airy saooessor in inie�est of�ortawer�.'s..
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<br /> L*x"'x - uot operate w reiease the liabiliry oY the orlginal Bonawer or Bosrower's s¢�ssass in�pteaest.I�ader shat�not 6e requur�t.tica- .� �
<br /> I.s�f;s'y��.. :- .co�+e prooeeQin�ag�st enY s�wctssar ia�t ar tefuss to extend time fui payment or othe�sc modify�dii' �
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<br /> '-`, .;�. ��,`' of the sams secuted by thia Security Instmment by reasan of aay demand made by, the ortginal Barmwer or Borrawer's.
<br /> . `-�'--• sec,c�so�s in iniesest.Aay forbea�nce by Leader m exetcising ar�y righi or remedy shala rot�be a waiver of or precIuds ths . :
<br /> =-`�-„i�,�::�`'` eae�iseofa�usightarremedy. . . ;
<br /> -`;°;z,�rff��� 12. s�so�ana as�s�a��aoans��a s���.�y,Co�lgneis. The�us and agr8emen�v o�•:u�„��-. :.
<br /> _ S�urity.instiii�cent shall�bind ap.�beneSt the saocessois and aqsig�s bf I�nder a�Boira�+�r, sab,�t+a the pmvisia���'� :.
<br /> Fr y�-t.��� . .paragraph 1�. Borsower's coven�ts and agmem�nts shtill be goint and sever„u:Aay Bomnwer who eo-signg tlfis �y �, ;
<br /> --_-',�= ' ,- Insu�ent but dnes nut execute the Note: (a7 is co-si tivs Securi tnshunorent oai w mort '
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<br />�_,�.��-�.,�:a Besnawer's inurest in thti rimperty Qa�+er tke terms of this Sectaity tncon�ment:(b}is aas�asenaliy obligated w pay t�e s�s.. .
<br /> ---=- seeared�by this Sec�rIry Instrament;�Cc��gt�s ti�at Le�er aad�►ather�orrower_�►ug�to ei[t�nd.mndi�it.fa����r
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<br /> —__-_ .malce suy accommudaitons wlth rcgard ta t,�e terms of ttds SecurIty Instra�nent or tlie Naie withuai tbat Sarmwer's�ansr�u. ' ` .
<br /> _ _ - � . 13.I.oan CL�trgns.If the taaa.s�by this Secraity�nsm�mems is suDject m a Ia�v wl�Ich sets maumum toan cltazges,
<br /> , a�d tfnat•taw is Snatly interpr.cud so that the huet+est or oiDer loaa�a�aa aolteaod er to 6e cotlected iu caonaection wttb the .
<br /> • loaa exaed the pertaitted ltmtts.thea:(aJl.�i►5+snch ioau charge€�,!l be red�ced by the atnount necessary un rcdu�e thcc�ge .
<br /> W the petmitted limit;an�i N)aay►sum;��Tready collocteQ fmm B�ssui:trwer whtnc�xaeQe�pemvitted llmits wIlt be regmtdyq�G�.,o�
<br />--- - Sarrower. I.ender may otcoose to mak�e,±ti�is rtfna0 by redacing i��Prmci�pal ow� under tIu Nota or 6y making a��t
<br /> ------ FaYmsut to Barrawer.� If a.tefiu� ndvaes p:incipal, the reductioa w111 be treated a9 a puual prepaymeat without auy .
<br /> -=__ = PnpaYment ct�arge uader the Note. � . .
<br />`='�n � �!4.Noaiceq.Any aotice to Bor�a.;�r,,,r prov�ded for ia this Seanity Instrument ahal�l be gtv.en by delivzring it or by mali�g . _
<br /> --�--� � it by first cia�s mait nnIess applicatrle l�:requires use of nnother�od.The aotFcx sLari be dltaxed w the Pmperty A�s� .
<br /> _--__-- ,�r any other adQress Boimwer de�,°�by not�te W I�ender. !a¢�,notic�to I,ender"sbaII 6e givea by Scst class m;.�to
<br /> _ -- � . Lender's address stai�d heiein ox a�+�other ad¢r�su Lendes de33gaatas by aotloe to Basmwer. Any notiee pmvided far in this
<br /> ---_-___ � Seauity►Instument's�a11 be deemed to havt ban give�to Sormaer os Lendar atien g[ven arv PtovIde�in ttis paragrap}i.
<br /> ---- --_ !S.Governing I.Aw;.Swer�►DSlity. 'Ihla Securlry Tns�t saall be govemed try,fedetal law and the law of the
<br /> _ ._ jurlsGiWon in ahicfl the Propetty is lorated.In tas evens that�p�vision or cIsuse of tlila Sec.vrity Iaswment qr t$e L�ote .
<br /> �`�°�°"�'�� ooafliets wit�apglicabic taw,sucb conflict shall noi affea othes prc�zsions of this Sssuriry tntmimtnt or t�e Alote which c�be
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<br /> _-- - - givea ef[ect withont the c�nflictiag pmvision.To�is end rhe provisiaus of tt�is Securtty Insunment and the Nose are Qeclared
<br />-::�,;�,tr:,.---� to 6e severable. . � ,
<br /> ___-_.�;:-�' 16.Bosrawer's Cogy.Bor�awer eSaU be given one wnfor�ed copy of tlie Note and of this Seca�ity t��•,,,,,. ,
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