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<br /> ` �aycn,°nts may uo dnnger be eeq�.ut tt*.e aptien of Leader.if u:o�IIa�e inswsa�zce covernge(in tfu amouat And for the p¢r�od ��`_
<br /> ' t�t Y.ender rr�uims)PnRVidcad by sn ias�r appmved Dy !ertder ug�6ecome5 nvanlable ar.d is ab�ained. Barrowee sha11 pa�� -----
<br /> ihe premiums cequireQ W rnaimtaln mortgage insiaraace in e�!'eci.or to p:ovide a loss reserve,until tPt�mquir�mem fbr mart�e
<br /> - in�tt�en�s in�caord6a�e�ith any�trrieeen a�r2xc�ent L�.wcen Eo��ver�r.d Lender or �PPlisabte tsw. =___-
<br /> �n
<br /> 9.Lr�ss�ectLaa.Leader ar its a;ent may maRe r�son.nble enui�s upon and ins�s�tions�f the Psoperty•L�eader sha�E give ��
<br /> . � ---
<br /> � 8orrower aotice at tltc time of or pri�sr to an insgs.ctio�specifyinB reasonable cause far the inspECtion. �:
<br /> �.°± 1Q. Caadeztt�a�. 'ttie proceeda of any aaard or claim for damaaes. d'erect or cansequential, in connertion with any �`
<br /> panstemnntion or other tai�ng�f any pait of ths Progsrry. or for wnveyance in lieo of rnndemnation,are hemby assigrt�i and _�:
<br /> �� shall be paid w Isndet. �".`
<br /> �,. In the evcnt af a wtal taIting of the IDropecty.ttte pmceeds shafi t�applied to the sums secured by this Securi4y Inhtrwnent, ���:-.
<br /> in which the fair Mf�'-:,:s;•.
<br /> .;r aheiher or nat ttten duc. with arry excess{mid to Borro�ver. In thc event of a gartiai taking of the I'mp�Yy , �Y_�_;:
<br /> ,?%.. martat value of the Property iaunediutely fsefore the ts�king is equat ts or greater than the araaunt of the sums sec�ued by this ="=
<br /> � �ccurity Lnsmiment immediately bafon the t�tcing,untess Eflmower and Lender atherwis�agree in writing.thc sums seciued by
<br /> ��:::.
<br />.,��':;?, dus �ecurity Jns3cunnent shsl� be reducad by the a�raunt af the pma�is mnitiplied by the fallowin� faactEon: (a) the mtm! Y.,..-
<br /> amo�utt of the sums seceued immedintely�efore the talting>divided f�y(b)t�e fair marke�vatue of the Pt+ngerty immedi�teiy _Y_
<br /> �t�t`orts the wking. Any baiance shull 6e paid to Borsovres. In the event of a partial mking of the FropercY in which�he C'air ---�
<br /> , mnr�tet vr�tue of tho Property imm�ety bafm�e the takin�is less tIIaa th�amount af the sums securc�d iu�telg 6efare th� ��_
<br /> qaking,unless Eaimwer and Lender atherv�+iso agc�e in writing o.uaLess applicable taw ath�vi..re provides.the prace�cfs s�il1 , ��_
<br /> � ��pp}���Q�s s�by this Security Insmiment whet6er o,-not t�e sums are then due. .._.,:..
<br /> If the Praperty is s6andon�i by Barrower,or if.after natIoa by LenBer tn Borrower t�a�t tiie condemnor affers to mak�an --;�
<br /> award or s�ettl�u claim��es. Boirower faits to res�ond ta Ixntt�r with�30 days aftes ihe date the notic;e is�i�ea.
<br /> �;.�:=
<br />-`..'_` �,,._
<br /> :,::;; Lenster is authorized W euttc�aad a�I�t6e prozeeds,at its option,either ta r��cion or regair of the Property or w tIt�s�tns �
<br /> �"�� se�vred by this Secnrity Tnsmimz.na,v;P�Ts�r or not thrn due. �
<br /> ;��� Uatess I�nder and Hasrowwr os��i�e agree �n vmting. anY aPPL�a of praceeds cm grincipa! shall not exte�nr --
<br /> �-==
<br />��;�'�C�1 : l��ne t�e due dEte of t��ionthlY PaYt�ents refeer�r�tn in parap,�aphs 1 aad 2 vr c6ange the amount of�payments. _
<br />;%""�y'� ll.Hosmotiv�r Nai L�e'!ea�ed;For6easA�re B� F.�cu�'ec Noi u�i►aivt�.��°n of the 6me for payr�,�t or modifcation
<br />�::±+?�;.v� �'rotamorti��on of the sums seatt�d by t�:s�eeurlry' f:s�'�ument grantod by Ixa��tx�any suc,cessor in i�.�€�f Botrower eHaU r--....:.
<br />''`��. ' not ope�ct�to telease the liabiliry of thrs.nxigiBal Borrower or Boai+e�.*:er's suooes.wrs in inte�..-�t.._�nder sti�i r�ot be requued to
<br />--� oomia�,nce pTOOe�dlags agaia5t aay�u+a�sor in intemst or refuse t��tend time for payme���th�wise modify amortitatlnn �'
<br /> . ..�f•the susns secured by t�is Secu�ity I�wment by reasan of a�? deinand made by the originat Borrowe� or Borniiver's
<br /> n [N
<br /> _ �s�;soss in interes��r�'„ar�ce by I.ender in exenis�ng any right or�dY shall not be a waiv�of ot preciade ttr� , �,�,
<br /> - • ex�rcise af any right or ce�ei4y. � ::;'.,.,-._
<br /> 12. Sae�.sc►s�� Asi$us J�iuu��;Jo1nt and 5everal L�`b�Ity.Co-sTgaera. Ths•cmc«ts and ageeemeitts of this E -.-
<br />,r�::_' SequitY Insttuman!shall bind and 1���.:nt the successors and as:a��s of Lend�r and Bonos�er,.sn'bjecx to the provisions of ��_•
<br /> ,-.�:��° ,.�P�8�Ph 17. Bonower's covenauts and agreemen8s shal! be joira and several. AD}I BO![OK+CI' W11a C�'�-91�5[piD4 SflCdlf�L}/ .
<br />;���+< . 'I '. `i,�strumeni 1n:t dnzs ca�execute the Note: (a) is oo-sigaing this Serxrriry la�tnwse.nt only to mort�a�e.,�and r,onvey that � _
<br /> `� • '`�� 48arrower's��a:c�est in t�"L�peti'ty ucder,tAr;tem�s of this Sewrit}Y�a�m:mt(b)is not perso�lly ah;9�Zrtt+��ro pay th°�.. �, _
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<br /> secured by,fi3���Ser�si�s�:�ucnen;anl'(a)agree.a that Lendet ar�J,�.othss Hormwcr may a�reo io exten�,madify fou�i,as�o3�
<br /> ;: maice aay a�coiru�ad�ic�4,vith regasd to the terms og this Sscurity,�lS�t�k714 OII tM NQtC 4YilYYJ7I 2Ii3t BOZiOWCI�8 C8�S�3X[.; � R�-
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<br /> 13.I.o�n Cl�at�:.���f:�he loau sesured by this Security InstNCCie�t Is sub;,ect•to a law wiaict�sda maximum loan e��...
<br /> arid that taw is finally i�j;it�tu,�nted so thaz tbe i�tterest or other lQan chazges cv*�dct�d�an to be collected in coanr.cuon c��{the � `-,.
<br />:.s,.,.. toazi exceed ttie permitt�::RYmits,then:(a1 any such Qoan charg��hr11 be roduced'f�j�.�ttie arnnn:uk necessaryr W nZduce the c�e ,
<br /> ;�::4,:. . to the permiue�!timit;and(b)any sums already oollectea�from�3tk�wer whic6 exc�eded'peztrdtred llmits aiil6e refut�d to ��
<br /> $orrower. Lender.may choose to rn�ke ttvs refund Dy reducing the principal oaed und�tt�e Nots or try �ng a cEfttri �'
<br /> �';r.� yayment to Borrawer. If a refund redaces principal. t�e reduction wiU be ueated as.a partial PnPaymt.'nt wittiovt x�► .
<br /> �.,:
<br /> � prepaYNent charge urtd�r 1,�e Note. � -: . �
<br /> _';: � ` ``,' ;
<br /> , ,. ; 14.Notkes.Any.,ru�t�ce to Borrower proviQeA for in ldus Security Instnrmeru shall be given by deltve�t�•i:t or isy mailin� . �,.,.-
<br /> . .; it by fust class tUail ntn�s appllpbte!aw reqvites tqse of another method.The notice shall be directe�to s��irop4arty:.A�Jd«ss �_. _
<br /> �i or any�tlie�•�ls�s���ttower dct��tiitt'fi'by noti�ce to Leitder:;:Fsny aotice to I.ender sball be given by tits�t c22�s�,:utiail ta
<br /> ` i . IRAd2l'S�BddIiC..N�:'�lit��t�.�rin or ar.�•s��:er address Lende�r desi„�cie�a�s by nati�ce io Bormwer.Any notice QmvIded for�t►this � t_
<br /> '' Sec�rit},Insm�xt�tu;:��iDt.lb�:d�emed to havc been given to Boaower or Lender.i�.�t�given at�proviQed in this paragrap6. ��, ':.
<br /> . ;: �. 15.G�verntu�;.:)1„xo��; �S�vesnb:lity. This Securiry lnsuument shall be:.�gerr.erncd by federal taw and the faw ofthe
<br /> -- jurisdictlatt tu v�hrdr:fl9rs�r7�pe�ty is lacuted.In ette event tttat aa�.�rovision ar ct�use of t�is Security rnstrum�trt�or the Note _-
<br /> - ��..}` ¢onflict�ail��',¢�ticaL��taa,such conftict shall not affect odier yiorrisions of ttus SacurIty I�;atrument or the Note which can be �,-__:.
<br /> -i��- •: ,.. �lven eff�i'V�ithaut the,conflist�tg ymvision.To this end Ehe pmvjsions of this Serurity Instrumens a�tAe Notc are declared ,
<br /> `'!,: �; ' . ¢o'ber,everable. � . � —
<br /> �`:.`i�.`�'' ' ,'Etr".:l�is�mwei's i'i,'r,,g�.Sarrower shall be pven�a�ut cnafa•rSC�copy of the Note and of tivs Securi�};rtxrtrument.
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