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<br /> �° PaY-�nts m�y no tonger b„c+e�ired,at the option of Leader. if canrt�e insumnse ooverage(in the amor,�t and for thz p€rind _
<br /> • that Lcad�,t requires)Frovided by an ictsurer ap�raved by I:�fi+tr again becam..^s�vaitabte and is abtained.Borrower shall pay .�
<br /> the p�niums nequired to maintain martg�e insumnoe in a�e�t.or to proeide n Eass res�rve.until tAe rtquirzment far mortgaae �-
<br /> insurance eada in�catdanoe with any writtea agrrement Detwean Sorrawer art�L,a►der er upPlicable taw. �
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<br /> 9.Hns�sii�c�.Lender or iu agent may m�ke re�onable cntries upon and insgections of the�Pr�op�rty. Lxnaer sl�all give �
<br /> F.urno�er uotio�at cde time of ar prior to an insp�ion sgecifying reasona6le cause for the idspertion. _
<br /> 10. Catts3ein=ation•'Phe pcnt+�tts of any award or e(aim for damages. direct ar cons�ueutisl, in cannection with any _
<br /> condemnat'scn or ather taking of atry part of the Pro�rty or far a►nveyance in lieu of condemnation,are hereby assianed and �_
<br /> shall be Raid ta Lender. �
<br /> In tlie evcnt of a total taldng of the Property.t�e prace�ds s1�a11 be applied to the sums secured by this S�ecur:ty Instrumem. ;�
<br /> �vheiher o3 nai Wen due.�vith auy excess paid ts 8arro�cr. In tiae event of a partial taking of the Properry in whicy the fair =
<br /> markei valae of tlie Property immedia4ety before the tabn8 is equa�to or greater than the aiuount of the sums secisred by this .�_
<br /> Security i�ctrumeat im�ediatety hefore the takin�,unless Barrovier and Lender othenvise agrce ic►writing,the snms secur�by
<br /> this Scc+�rity Instrutrteat shall b8 reduced 6y t�e amoeuu of the proceeds multip�ie�by the following fracuon: (a) the total
<br /> amaunt of the sums secur2d iinmediately before the taking. divided by(b)the fair markei vs3lue of the ProgertY imm�diately
<br /> before the takiag. Any balance shall 6e paid ta Barrower. Ia�the eveni af a partisl takin8 of the Pcop�rty in which the fair __
<br /> m,uiicet value af the Praperty immediatety before the taIdng is less tfaan th$amovne of the sums sec�red.immediately before the . _—
<br /> tskisag,umtess�orcower und Lender ozherwise agme in writing or unless a¢plieabte taar�t�swise paovid�s.the pmceeds shsill _
<br /> he agpliezi ta ct�sams sscur�i by this 5ecwiry Insuument whether ar not che sums am d�dri�e. _
<br /> If t6e Frapectv is abaadaned by Bormwas. or if,after notflce by L�nder to Borruwer ti�ai the oon�emnor offess to ma�.e an
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<br /> av�ar+d or settte a dns"ta�for dazn�ges, Eorro��r faiLs to respand to Ldnder�-�in 30 days atter the daU:the notece is given, x
<br /> Ixuder is authas�i�d Gn wllect and apply the prc�ceeds.at its ontion.either tr���ration or rep�ir of the�raperty or to the s�ms ,
<br /> �ecuced(sy this Sernrity I�suamen�whether or aot then due. •, �,
<br /> ' lJrless Lender and Borrower oihenvise agr� in writing.anY �PP�cr�n of p�ceeds to principal shall not ex4end or �
<br /> - postpone the due dxta of ths monthly payments referred to In paragraphs L�t 2 or changa the amount of such payments. �
<br /> ll.Borrawe�NFat iteiPased;Fosbe�san+e�By I.eiuder Nat a Wai��.etension of the time for payment or maiitication �
<br /> of aznortiw.tian of the sums secured by this Security Inswment gramed 6y fi.�a�!er to ar►y successor in inteiest of Bomower shall
<br /> aet ope:ate w release the liab�7ity of ths origin�9 Borrowee or Bormwer's successars in�z,.�rest.Leader shall n�nt Ue.t�nirs�d to
<br /> �om�►enoe proc�edings agninst arsy arcaessor in interest or refuse to extend time for�or nthenvise modifj►:ss�r�draiiaa .
<br /> "` ,•. oY the �ums secured by ttus Security Instrnm,e.nt Tay neason of any �emand urade i.y� �'-�e original Basrowes az�Ltinorrer's _
<br />'A.;:• suor.essors in iaterest. Any forb�uaace by tr•�r in exercising any n�hi er remedy shall nat be u��ivec qf or prectude the
<br /> `�.����` esereise of arry right or remedy:
<br /> • '�..Saci+es.4ois an� AsSlgns S�and;daint aud Seveiui LtabiUty,�'o�era. The oovenan.�'�� a,�nenaems oP this
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<br /> .''� S�su;i;�r lnstnrment shall bind aad hene5.t the successors sr3s1 assigns of Lender and Borra�ver, subject ta t�e�,r�.a3aions of.
<br /> .' P�C���i I7. Bonawtr's mvenants and agreements shaIt lsc:Joim and several. Any Borcower who co-si� a�`Jsi•SectrritY
<br /> Lnsp�:i}�.�i bui dn�sa�t execuie the Note:ta) +a co-sigaing this Sewrity Insbument only to mortgage,�¢��p�i�By� �
<br /> '.`�
<br /> ' Sormwes's i�ter�.cs Tr�tha Property uadar the t�s of thi9 Security Instrurtent;(b)is not pe�sonally n(�u:����•�,'aY the sums .�
<br /> .,'..,y- s�'8y this Security Instrumar3;,asid(cy agrees diat Iender and aay other Sonower may a�mz to e�;��S?,f�fiear or �' �
<br /> ',°.'�' �r f�Y accommodaiions wfltb�isd to tfie terms af this Securiey Instrument or the Ncl.e cvithout tttat BorrowCZ`-�.'�nt.
<br /> �3.Loan Cbarges.If the Caz�-secured�isy thia Securiry Insuvment is subject to a Iaw which seis ma•cimutr�Srt�:>charges,
<br /> �����:'��•�' � and that law is finully interprated so that the fs��est or ot6er loan cbnrges wllected or to be oollectcd 'at connect{ori wiih the
<br /> ,,.. ,.. .
<br /> .:'��`+� .. tomt exceed the pe�iued limits.then:(a)any:���toan c6arge shall be reduced by the amoant necessa�r to reduce the charge
<br /> .� ,<.., ' . t�.t,��.,�emiItted Jil'nit;and @)anY sums almady collected from Sor�wer whlch eacceded�rmitted limits will6e s�fimded to
<br /> � &:�?;�,txa,� Lender may choose to make this ref�nd by redr�ng tlte principal owed uniier the Note ar by m�r�a ditrct
<br /> p:i'��tp 4o Bomicees. If a ieftuxi reduces principal. d;c'�ta3;3�ction will 6e treate� as a partial PrEPayment v�'r(�xaut a[ry
<br /> FTe�.�3�e�►t cf�Bi�zu�r�er the Nate. � : . . " : -
<br /> a4,Nutk�.l�y notic�to Borrower pravided for iu tSti�����ss�F.�:ta��r�ent sh�116o given by delive�ng is or by mailicr�;'-. '.
<br /> � it b�'1�ast class mai!unless ap�:ir�abie taw requires use of aiti�di�sr a�t,9cdt;'��nodce sb�ll be directed to the Propertu.Acddr�i�;;{'";:.
<br /> .�.. .
<br /> �� - • oe.ros��:other address Boaowe���signates by notice ta L�v�Yer. Any notice to Leo�.^.r rJ�alt ba given�y fi�st cLh,�''s mail to
<br /> :LLL�iir1!�i's�dress stated herein t+rs�ay otRer address Lender designates by notice to��:wer.Ariy notice provided for in this
<br /> �,��''��•� '� Security Insrivmeat shalt be deemad to havc been given to Borrower or Lendcr when given as provideA in tLis paragaph•
<br /> ��'C. � � ls.Gnvemiag law; SeverabilIty. 'Phis Securiry Insuument shall b� govemed.by federal law and th� law of We =
<br /> ' jurisdiction In ahich the Property is tocased. In the event that aay provision ot clause of this Securiry Instmme�rt or the Note _
<br /> ' � t ccn4�f�t�s with applicabla Iaw,suc6 oonflict shall noi affax other pravisions of this Secarity Instnunent or the Nate�sfuch can be
<br /> .. gL-i�;s�i��'f�ed withaut ttta canflicting provision. To this end the pr�avisions of this Security Instrument and the NQt,��st�declared •
<br /> �%, W:Oe s�rrerabI�..
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<br /> f; ,�6.�ioirrsa�trl��Copy.Borrower shall be given one oonformed copy of the Note and of this Security InstrumL�nt.
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