- ����a��S�� _
<br /> f, .��
<br /> payat�tts ra�y no tongec 5e rzquIred.nt the aPtian of Lendc�r,if nort�e in�waa�e�ver�e f in ti�¢mnunz arcd for the�a#asi �.`
<br /> �� th�,i Iandes cegule�s)�r�vid�l�y un insurer ugproved by LenIIer again t�ecomcs avuil�6te an�is obtained.�miro�ves si�ll pay o-
<br /> ` • th.°,pretniums�a�ed t�maim.ain ircort�age insurarce in effect,or to g�rovid�a los�reserve,until�Ece recguirem�..nt€or mortga�e
<br /> � ' insvaanc�ends?�n�cotr�nce�vidi nny wr�tten�greement betw�n Borrativer and Lender or apgiicable la�v.
<br /> `"" ' 9.Ir�Yt�.t�der Qs it�Aga�i mt►y matce re,a.wn36?e eniries ugon sind acrsp�.xtaons of the P�o�zrty. I.endec shalt give �-
<br /> - Sorrower aatio2 ai t�ti�e of or prior co an inspection specifying masonable c�e for the insp�ctias�. �•
<br /> • fib. �aadcir•statlon:'i'he prooceds af any awazd or daun for damages.dirert or conseyuentiol, in rnnrtectiom �Wth any �
<br />,�'°' *. candenutation or ot,'4cr ta�in�of:u►y pats af d�e Prop�rty.flr for oonveyanme iu lieu af condemwti�on,are kereby r,ssigned e�d �
<br /> ��
<br /> •�•�,'. shallbepa�dtoLen�er.
<br /> ��'�� In the event of a tota!taking of she Property.the¢rooeE.�ds shall be applied to the sums�xcur�d by this Sec�re�y:la.iruu�ent, •
<br /> I1I
<br />�;� �bQtllEi OT ROt tIlEY9 di1�.with any excess paid to Bormv�Er. In tAe event of a partial taking of the Pro�2rty in ri�hica�the fair ���
<br /> market vatus of th� Pro�erry immediutely before the tak'sng is equal to or greater tban the atr.ount of the sums s�c,vr�d by this � -
<br /> �;-t �riYy I�ut�me�i im�diatel3�befoie thQ t�k's�g.unlQSS Bnnoceez anQ l,endrr oL�z�ri�a;ree in ti�riring.tJ�swns�ecvrt�tr,� �.
<br /> this Securiry Inst�ment shsill 6a reduced by ehe aruount of the pmoe�ds multiplied bX t6e following fr+�ction: (a)the total ��"
<br /> amaunt of the sums�ecurcd immadiateiy before the taking,dlvided by (b}tfte f2'v�,3�;3I value of the Property immadi�tnly
<br />"'`�'°`� befafe the takin An E�alunce shnll tr� aid to Barrower. In ths event of a isl af the Pro �n wlsich the fair "-
<br />_;;r.��,. 8• Y P P� � F�'rtY � �.--
<br /> :��.'��, m�rket walus of ths Prog�rty imraedinteiy 6efore the ta�ng is less thun tt�a...-rount af the sams sec�ue�imtnediately��for the -- -
<br />`� '.' : Wking.nnl�ss Bortower and Lender osh�nviser�rree in writing or unfess a��L�:a�le law othe�wise�r�y:�i�,the praceeds shall E' '�
<br /> h:appli�ta the spuns se�utad by this�ecurity�trum�nt w3xether or not the�ums are then dus.
<br /> If tha Prepscty is aSa�ndoa�d by 8orruwPr,or if,after nr,iice by Lender.o Basrower thac she oauC�-�a:�+€6trs to make an
<br /> ' '`'��:' sward nr set�e u claim fnr d8mases,Eotrower fails to�ttd w Lender witi�ix� 30 d�ys after t�dax�t�e�ie is Eiven, _
<br /> ��'.�`y . Lender is autho'n,e�t m collect and appiy the proceeds.at its optian,eit�er to restoration or m�pair of ths Pmperty or to the svmc =9
<br /> - savrrd by this Se�urlty�nstrument,cvhsther or ant then due. �-'..:°
<br /> '.�:� Unless Lgnciei•and Aomow:a�othera+ise agree in wririnS, �Y�PA��ion of pto�eeds to princtgal shalf aot extend or
<br /> pc�stpone the due date of tite cr�ar�thly payrn�nts referred w irt parngraphs 1 s�nd 2 or ch3r,�e t�e aznount af such payments. �'=v
<br /> n� �
<br /> ii.8orroRpr Not�tel��ori�2at�ace By Lend�1�Iot a Wniver.F�ctension a�.'�#!is time for payment or usadifiration =- -
<br /> . «.v . of amartization of the susns seceueQ 6y tbis Se�trIty Iasuument ptaated by I�ender to any successar an inierest of Bomower sGall fi=•
<br /> '°•�! mE ogerate to rlease the liatsility of the orig,�w Bur.ower or Bormwer's,�w,c�:essors in interest.Lera�ar�i�all nnt�e reqnired ta !-
<br /> aumme�ce pmc�edings against any snc�sor��n;�terest or nefnse to ext�,c.�ne far payment o:othe�mndif�araoreizatia� •� � �.
<br /> uf thb sums secured by this Sec.vrity pnstn�ment by reasa� of any deman� nade by the original8�rrowar or L�r;ttroarer's =-::
<br /> ' st�cc�.isars in interest.Any forbealance by[.ertder in exe�n.�'i�any right or reme�y shall not be a waiver of ar pm�tarle the . �,
<br /> exercise vf azry riglht ot r�nedy. • , = ��'f
<br /> ... 1Z. Saccesso�s aa�Asdgas Bound;.foint and Sevesnl T.tabflity, Co-s[�x�s. The covenan��d a�nents of tiris
<br />_ ' Serurity Instramem•sha.il bind aiad be�efit tl}r�_:�coessors and assigas of I.ender and Piorrower. subj�s ca the gmvisions of
<br /> '. ' parag�aph 17. Bomower's co�,t��and a��ents shatl be}aint and sevaal. Any Borrower c�fto co-signs��Et;.:S�eudty —_
<br /> " ' � � Insinunent but does aot execute�I3ose: (�,as�o-si this Securi Instmmeni anY,to mmt —
<br /> � �..,
<br /> ,�..:,. S�F tI+ Y �e, �4 �w:?ip�ltn?gy tliut __-=.�;.
<br /> � ' Borrower's in2erest in fh�Praprw-tSaj ca:d�t th.t��this Security lnssnun�nt;@j is n�t�pelsonElly�ati�atect s,,ga�?rt�e swas �---�-
<br /> .' ;,.?, �,.. , secured by this St��arity Hn�mimeni;aad(c)�,�es t�at Lender aasl any a;�rer 1�?orrac�er may.agee to e?�'s��f';.�1``�•.�a�ar ur .'•�°.�:. '__-
<br /> 5�..:.;,. a�,"�•�ar�r"r�t. - -
<br /> � �e any a�ccomm��xtians with rc��rrd to eda:3t�t�u of chis Seturity Instcuu�r.�v:or the Nase withnut�tt�4t�ar.� � _
<br /> 13.I�nan C'�isuges.If ths to�nsccured by�ti�s Security�n�s¢cument�is subJect to a�lisw w�ich seta maximuin 1�p�t.���% "",
<br /> •: ��•' � and rt�:fa�v is fm�ly imerpretod sn,thsit the interest os o�:T C�an.chtu�os colletied or to be oollec�l iA cottn�'l,v��i;v✓lttf t6e ��-.
<br /> . _ i loan.�►ceed the p°.�rmitta:]�Ilmits.them: (a)azry sacln loan ch?r�,r�,La116s reduced by the amount aecessary to reduce the charge �--
<br /> ; to tne pernutted�Ll�itt:and @)e�ry s�uns�iready colleaed fram Borrower which eaoeedod permitted limits will be refunded to � r_.�`
<br /> ;�� �-_:
<br /> Borrawar. Lc�r�i,nsp cho�se tamoke this refund by rzducing ths principal owed under the Note or by making a direct . �_
<br /> • '��! .PaY�pt to Borrawer. If u rc��tndi neduas prinapal, the reduction will be u�ated as a P� P�P�nt without any . � -'
<br /> • r; pre�SaYment charge tuider the Rt'a'ic,� •. �`..
<br /> � . .i, 14.Noticts.Any a�ice��,�cmw�r provided for in this�Sec�uiry Instnunent s2�ai1 be given by detivering it ar by mailing _
<br /> ���`�'c; ;ii it by first class mai3�unles's apnhc�bfe taw requir+es use of aaather met�od.The notice shall be direcied to the Frop2rty Addaess . . _
<br /> ,�.`..,,,:}. �
<br /> ,: ;:,..�.�;;�.. ur any other ar�drr..�;Somower designates by notice to Lender. Any acn,�ia� to Lender shall be given by 6rst class.mail to �-
<br /> ":•. � a;:�. Lea�'s ac�dress s�sr�herein or arry ather address�Lender desi tes • �`-
<br /> gna bi��tn�ve to Boaower. A�ny notioo Pra��t_€ot in[hia .
<br /> S�t��y Instrument sfull be deemed to have ban�ven ta Br�awer or I.�n�es when gn�en as provided in+tt3is ps.. ti. . —
<br /> ":�5.Gov l.s�v; Se�e.rab�! 71ils Securi �ent sball be overaed b federal law and t��iv.of the . �-
<br /> eraiaS t3'• tN 8 Y �,,';. ��
<br /> • _ jwisd4ction in whicII�the Property is iocated.In che event that any provision or clause oF this Secarity Instruaien2:�+'the Note ""'R=
<br /> �`::;
<br /> ;, conflicts with appltcable law.such oonflici shall not affect other provisions of Wis Security IasWment or the N'ote which c3n be ..�,:.;
<br /> � given effect vrit�out the cortflicting provision.'Fo tlas end the provisions of this Security.Iastrumen4 and tLe No(e::�,�dectm� �
<br /> , � '�' ►A h�seYerable. �,
<br /> . .'� :s id.Borrov►er's Copy.S:�t�n�i�r shall ae given oae oQnformed oopy of the Nate am�,m'f ti�is Sasulity Iustrum�i�T:' =-{;ri.`
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