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<br /> ��°'��� p�yma►t�aaiy ao lon�er be roqulrod,at the optian of Lender, it mae�e inwr�nc�c covcr�c(in the anwunt and for thc petiod
<br /> y'�'.'.`•'="�' � ' tlu�t Lcnder ioqui�)provided by�n inwrct approved by l.cnder again becomcs aveilable+u�d is obtainod.Borrawer�Aall p�y
<br /> -""�'`�'-"" �he prernlutn�requirod to m�ioWn moriga�e in�uru�ce fn effect,or to provide A losw reserve.until ihe roquinarmat for motts�e
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<br /> :�'•-� iiwmoe enc4 in accrondanco with my w�itten a�roement betwan Barrower�nd l.ender or�pplicable law.
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<br /> ���,�:. • !.lm�eclbn. I.errde�or its�ent tnAy nuke twsonable ent�ies upon rnd inxpectiorte of the Pr+nperty, l.eider�hall�ive
<br /> `"`��?�;•;'�•• �; � Burrower notice at tho time oP ar prlor to�n in�poctfon spocifyfng�asoneblc causc for thc inapec�ion.
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<br /> = °�'•s'� l0.Ca�demnstio�. 7'he pmcads of my oward ur claim for�gea, direct or cansoquentiAl, in wnnoclion wlth�ny
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<br /> �'` � ' . = „�� aondar�mtian or other Wcln,�oi�ny paA af the Praperty.or for rnnveyance in lieu of condemn�tion.rra hereby asi�ood�nd
<br /> . - . -- - �wll be paid to I.ender. -- -
<br /> � �.rx�.y�"'' ` In �he eveat of�tatal takin�of the Pmperty,tha pracads shall tx�ppliod to the cums securod by this Secu�ity Inst�umeat, c
<br /> �'�'�*+`�' •`,`, whe�her or not then due. with any axcess paid ta Bornuwcr. In tha event oi a partiol wking af the Propeny in which the fai�
<br /> -� � market vdue of tha Property immadiatoly beforo the taking is cqual to or grcatar thwn 1he umauot of Ihe wms sacurod by thi� �_
<br /> .=�• 5ocutity Inct�ument immodi�tely before tha tAking. unless Borrower And I.ender othenvise agrce in writin�.�he sum4 secumd by =--
<br /> •�'• this Sxudty Inurument studl be roduood by the amount of tha p�acoods multiplied by the following fraction: (a) the wtal =---
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<br />.Y;=�ry��� amount of the sums secured immedlately befom the taking.divided by(b) the Pair market vAlue of the Property immodiately __
<br /> �. �*� bofwo the tating. My balaaoc shall be paid to Bom�wer. In the event of a partial taking of�he Property in whjch the fair `
<br />�=�.,� • maxket v�lue of tha Property immedi�tely befare tho taking is Ic�ss Ihan Ihe amount oi the sums secured immedi�tcly bcforc the �;L`,;
<br />";�:` talcing. unles�Hotrower s�nd Lerder otherwiae agree in writiog or unlccs applicable law otl�erwisc provides,the proceeds si�a11 ---
<br /> s.,a... . bo applied to the sums secured by this Security Inst�ument whether or not thc sums ue then due. _
<br /> ��w Y.�� , Jf the PropeAy is abandoned by Borrower.or lf,after notioe by l.ender to Borrower thw the condemnor offets to make an i�
<br />'' `'�*= award or settle a claim for �' `
<br /> ,'��,�-.' -. - dampges. Bocrower fuils to respond to L.ender within 30 days after ihe date�he nolicx ir givea, ��_
<br /> ���y�,y;�; : Lender is autharized to wllect and apply the praaecis,at its oplion,eilher to restorution or repair o f t he P ro p erty or to t he wmx
<br /> secwed by this Security Instrument,wtuther or not then due. �,a-
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<br /> -- , , Unless Lender and Borrower otherwise agree in wdting, any application of pr�oceeds to principal ahall not extend or --;,rR,_
<br />� � �„��;i��: � postpone the due date of the monthly payments referred to in paragraphs 1 and 2 ar change the s�nwunt of wch payments. :'•.,;���;;..
<br />'_'''�� >��n' <• , 17.Bomower Not Rdeaced;Forbearaoce B l.ender Not a Waiver.Extension af the time for a ment or modific�tian `'�`�
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<br /> _�:-�- � ' of am�rtizatian of the sums se�ured by this Security Instrument granted by Lender to any succersnr in interest of Bomower s�ll ''?'�`"��"-
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<br />:'.;"•,•;'� ..y;y, ° aoc operate to release the liabiliry of the uriginal Bortower or Borrower's successors in i�xerest. l.ender shall not 6e required to '•�'"-
<br /> ��''-� ••� �' • cornmenoe proceedings against any successor in interest or refuse to eztend time for payment or otherwise modify amortization �K`
<br /> " � of the sums secured by this Secudty Inst�ument by reason of any demend made by the ariginal Borrower or Borrower's �;c�.;
<br />''� l'�'' � -, succasors in interest. Any forbwrance by Lender in eacerciaing any right or remedy stwll not be a waiver of or preclude the ��"..`;�'
<br /> exetdsc of any�ight or remedy. _-_-
<br /> _ 'i':.. ' = IZ.�ucc�an�atu! Assl�Bau�d;loiat sad 3e�;2s�! LIab3liiy; '.'o-stgsers. The covenants ar�d agreemenis of i�is '_,�
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<br /> , Secwity Inswment slwll bind end be�efit Ihe successors and assigns of Lender and Borcowcr. subject ro the provisions af �;;�
<br /> ��� • , paragraph 17. Borrower's covenants and agreemems shall be joint and severnl. Any Borrower who co-signs this Securiry ;�'___
<br /> - Insnument but dces not execute the Nae: (a) is co-signing this Security Instcvment only to mortgage, grnnt and convey tlwi �a
<br /> ' ' Horrower's interest in the Property under the tertns of this Security laslrument;(b) is na personally obligated to pay the sums
<br /> .�;::;i: . . ' ���`� secured by this 5ecuriry Instn�ment;and(c)agrees thnt I.ender and any other Borrower may agrcx to eatend,modify.forbear ar •• •
<br /> `�'' '�:�;a m�ke any accommodations with►egartl to the tcrms of this Security Instrument or the Note without thet Borrower's consent. —
<br /> ' ' ' 13.I.oan ChAr'�es. If the ban secur�ed by this Security Instrwnent is subject to u law which sets mazim�im loan charges, ��."�-
<br /> .'�. '. ,, and that law is finally interpreted so ttwt the intercst or other loan charges collectcxl or to be collected in connectiun with the �1:'•"''"
<br /> • loan excced the permitted limits,then: (a)any snch loan charge shull be reduced by�he amount necessary to reduce the charge -�--
<br /> a � to the permitted limir end(b)any sums already collectal from Borruwer which excoeded permitted limits will be refunded to �� ��t�'
<br /> � ..� � Borrower. Lender may choose to make this refund by �educing the principal ow��d under the Note or by making a direct t,'`.�::
<br /> 'D`�'� payment to Borrower. If u r+efund reduces prinripal, the reduction will be treA�ed as a paniul prepayment without any ��
<br /> ' . prepayrrent charge under the Nae. �k`'�,:
<br /> �� 14.Noticea.Any notice to BoROwcr provided for in this Security Instrument sh�ll bc given by dcl!vering it or by rtwiling �-_`
<br />`�'.�J} - � " . i�by first class mail unless applicable law requircs use af another method. The natice shall be directed to the Propeny Address �'"'
<br />-`'` �`� or any other address Borrower designates by notice to Lender. Any notice to Lender shull be given by Pirst class mtiil to ����
<br /> Lender's address stated herein or any other address Lender designates by notice to Hormwer. Any notice provided for in this �-_:----�-
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<br />. Secudty Instrument shnll be deemed to have bcxn givcn ta Aorniwer or Lender when givcn u�provided in this paragraph. ��'��'
<br /> ' ' I5.Governing Law;Severabllity. This Securiry Instrument ,hall be governed by fcderal law and the law of the �`'`�
<br /> n jurisdiction in which the Property is Icxated, In the event that any prnvision or cluuse of this Security Instn�ment or the Note ���
<br /> , • conflicts with applicable law, such conflict�hall not affect �ither pruvi�iunm of this Security lnxtrumcnt or the Note which can be
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<br /> � given effect without the conflicting pruvision. To this end the provisions of�hi�Sccurity Instrument and the No�e ar+e declamed •• ���` '
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<br /> .,;:t. ro besevcrable. , `i�' .
<br /> ' 16.Borrower's Copy.Borrowcr�hull be given onc ronformcd copy of the Nute and of this Security Instrumznt, if' '
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