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<br /> _- � -�;:���.w.;$:�., Ra3r�enfs m�Y Qo tos�gec he requiretl;az the uptian af Le�ei,if�drtgage insvrance ooverage('m the a�auctt aad for the pedod
<br /> �'- � s�� that r ires mvided an roved b be�ames av le and is obtained. Bormaer shall �
<br /> _="� �e � )P �5+ €nsuter aPP Y�r a� �1ab FaY.
<br />,�"--' � �'``�' ' ` the premi�nis required to maintain mortgage insur�ce in�ffect,or to provide a loss reserve.unul the requirement for mortgage
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<br /> � K. . inspr�nce ends ia accord�e with any written agreement between Borrorver and Ix�er or applicable l�w.
<br /> . , , 9.Lusged�on.[.ender or its agent may'ma►se reasona6Ie eauies apon and inspecaoas of tfce Propert3. Lender shall give
<br /> -- •`:,.:��r �� Bnrrawer nouce at the tirrie af or prior to aa inspection specifyiag reasdna6le rause for the inspestion. �
<br /> ,. 's� - " 10. Cond�ttoB.The procePds of any a�v:ud'ar cta'sm for damages.direct or con�emial.In cnnner.tion with`any, :
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<br />',;� _,�*�;`�';`� oondeawation or other taking of.any part of the Prmpe�ty,or for eon�eyance�in li�of mndemnatioa,a�hereby assigned�d '
<br /> •.-•�• . . .
<br /> ,.�.<�,_,�.�_ = _._ sbaitDe�aidtoLender. - -, -- . - - --_
<br /> �f,� - --=�t�fie event of a tural taking oP ti�e Pinperty.ltte pt+�eeGs sG2116e app![ed to the sums sectined by this Setvrity�nctmetent_-
<br /> ` '``'.' `'' �r�`; ar6ether or not then cIue, with any excess paid to Borrower.In the eveat of a partisil taking af the Peoperty in which the,fair
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<br /> :y�;.,�__` warket'vatae of'the Pmperty iuunediateIy 6efoie the taking is egual w or gceazer than the amouni oF the sums sewred by tuis
<br /> ="'�;;:�� ' SECVriry Insmamedt�nmediat�ly 6efore the ta�ang,unless Botrowes amd tender otherwise agree in writing,the sum.t seenied 6y
<br /> �.., ;� ��'� dus$ecuiity I�trument shall be roduced by tt�e amount of the proceeds multiplied 6y tl�e fo!lowiag ftactIoa: (a? the.wtal ' '
<br /> __=�:� amot�mt of the stm�s secured immediatety 6efore the taking,divided[sy @)the fair markex value of the Prapetty,immedi�ately
<br /> --h�"".5fr-� `. . . bsfore t�e�Sin&Any�sha4l be paid to BarmRer.,In the eveat of a partia! �of ti�ProyertY in whici�the fa'n,
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<br /> -,���L�'a�u�� market vatae of the Propetty im�ediatety before the taking is tess than the amount of the sums secured imR, ;arply before the �
<br /> --''''`R�--=„.'�r' ta�°g+unless Eorrqwer and Lender othernise�in vrriting or,aWess applicable law athemrise provides,t6e pzoceEQs shall _
<br /> ,. ;�}a �. 6e applied to the surns secared bythis 5ewrity Insttament whether or nat the sums are/hen dtie. �
<br /> ��'�� ' If the F�operty is abandoned hy Borrower.or if;after notice by I.ender to Bnirower tiiat the oond�nor af�ets to make an .
<br /> -----�';�:�� _a�var�or_seule_aslaim.fo�_damages,Borros�es.faiis_.w_respnad.to_i.ender within30.days_after_the�ate.the.notice.is_gixen.---.-.--_ .
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<br /> �,�y;��;�'�,� -----�----Lender is authnrize�!to coltect a�d apply We pr{oceeds,at iu option,�ither to reswration or re�rair of the Fragerty os to tl►e st�s
<br /> -_-_ __- -—"' � . secared iry this Security Insaamem,afiether or not thras due. ' - ' , , '
<br /> -_:_;=�`�.�� Unless Leader and Bona�ver otherwise agree ia writing, any applicadon of proceeds�to principai sbali aqt extend or
<br /> .-- _�..,,Y. � �ne ths due date of the mnIIthl cefeareti tn in 4�s i and 2 ar '
<br /> ----__-- �� , Y F� p��P rh�the amouni of such pay,utenis.
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<br /> :=-�„''����`'d�� ;ll.Bo#o�ver Alot Pieleased;Fo�By Leader Not'�VYaiver.Extensioi�of�the tijne for paymeat or taodification
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<br /> �. - - = of amortiTalion of tl�ee sums secured by this��riry Ynsuument granted by Lender to any suooessor in interest of Bor�ower shall
<br /> . -�'';�'�'• - � m-,i a�esaz�ta release ih2 Uafsility of the orig,ffai Ea�ower srr Barrower's saccessms in mteiest.Leadet shall not be reqniied to
<br /> —=-�l`�� p � paYment or otherwise mndify amartiz�tiom
<br /> - �A,.•������ commense mceedings against an}r sucre�.os in inierest or refuse w extend time for .
<br /> ;;�.:�� ' of the snms secured by this Secarity tnst�v�ent 6y reason of any dem�id made by the original Borrower or Bo:rower's
<br /> T -=�4;_,,,, suacessois in interest. Any forbeaiance by Lender ia exercising any right ar remedy shall not 6e a waiver of or preclud�e the •
<br /> ..-�'-=��:..,�.� eaercise of suy right or remedy. � •
<br /> --_ u-� � �.' D2.Suec4sso�s and�sstga�Bauad;Joiat aac��eveiai Liabflity;�o-sYgnets. The oovenants aad a�ceements of this
<br /> _________... _� c�uity Instr�.^.c_ shall bsad and benefit the sacces4a�s azW assigns of Lender aad Borrower, subjeci w We pruvisions of �
<br /> _____----�-= paragraph 17:�Burrawer's covenaats and agreements shalt be joint and several. Any Borrower who co-signs fhis Security .
<br /> ---_�° � Insinmment 6ut does not execut�th�Note:(s) is co-signing this Security Insicumeat only to mortgage,grant and wnvey that
<br />-------..- = Barrower's interest in the Property under the teams of this SeauitY����-p*''.• (b)is not personally ubligated W pay the saans
<br /> - s�cured by this 5e�urity Insuument;aad(c)agree.a that Lender and any other Borrower may agree to extend.modify.forbear or
<br /> csm�e aay a+xainmodations with regard to the terms of this Se�urity Instrument or the Note arithaut that Boirower's consent. •
<br /> ` 13.Lo�i Charges.If the loan sec�ued by this Security Insuum�nt is subject W a!aw which sets maximum loan cl►arges. �
<br /> --- � 'aad thai law 4s fihalty interpreted so that the interest or ather toan charges coilected or to 6e collected in wnneciion with the
<br /> [oan excee�l the pem�itted limiu,ihen:(a)azry svch taan charge shall be mduced by the ainoura nec�sary ta ieduce the charge
<br /> b the pemutted,limit;and(ii)any sums already w!lected fram Boirower whYch e��ded permiued limiu wiU be rEfanded to .
<br /> Borrower: Lender may ehoose to make this refund by reQueing the princapal asvc:ct under the Note or by malaing a direet
<br /> •— payment to Borcowec. 1f a refurtd reduces principal, the reduction will 6e tr�ted as a partial prepayment arithout any •
<br /> ______—__— . prepayment charge under the Note. � � .
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