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<br /> ' a ts ma no ton er be wred,at d�e o tton af Lender,6f mort a �insurance cove�a e(in the amount and for the riod �"�
<br /> , . P Y�n Y g �9 � P� 8� � Pe =
<br /> ---- _ tbat I.�.er requiresl pmvided by an insurer ap�rroved by i�.c.mder again becomes avaiiable and is ot+tained. Boao�ver shall pay� --_
<br /> . w;'�`; the p�emiums required w maintain mor�gage insura�ce in effec�or w provide a loss ceseNe,until the requirement for mort� �
<br /> �`��' insurance ends in accardance with any written agreement between Borrower and Lc�er or applirable law. �•r
<br />,'°.ti::
<br /> 9.Ins�xaion. l�nder or its agent may make rasonsible entries upon and iaspectians of the PropeTay. Lender shall git•� �_�:
<br /> Eorrower notice ai rhe rime af oT prior 2o an insgection sparifying reasonahle cause Par the inspection. _,.
<br /> 1�.COIIiS�dlIIa2lafl.The praceeds of any a�vard or claim for damages,d'erect or mnsequential, in connection with any �__
<br /> � . condemnadon or other takiag of any gart of the Property, ar for conveyance in lieu of condemnation,are hereby assigned and �'"''
<br /> � shall be paid to Lender. �=:
<br /> � � � In the event af a tota!taking uf the Property.[he praceeds st!ali be applied to the sums secured by this Security Instramemt. �-.-
<br /> �� whether or not then due, with any eacess paid to Bflrrower_ in the event of a partial taldng of the Prvperty in which the fair
<br /> �e`
<br /> ' market vatue of the Property immediately befora tfle taking is equal to or greater Wan the amount of the sums sec+�red by thiE "
<br /> � `� Seauity lnstrument immed;atety before the taking,unless Borrower and i.ender othera+ise agree in writing,the sums seair�l 63� �
<br />. . this Security Instnimem shsill be reduced by the amount of the proceads multiplied by the following fracaon: (a) ths tniA�
<br /> amount of the svms secured imme�iately hefare the taking,divided by(b) the fair market value of the Prapsrty immedia?ety -
<br /> befa:�the taking. Any balarce shat! be paId to flarrower. In the event of a partial taking of the Property in a•t►ich the fair �r
<br /> , market val¢e of the Property immediately before t1�e takia�is tess than the amount of the sums secuted immedlttteiy before the --_-
<br /> '.;�;: eaking, uciless Borrower and Lendee otherwi:,e agree iu vniting or untess a�plicable taw otherwise provides,the prooeeds sha11 �•-�
<br /> �
<br /> ' , , 6e applie8 to�he sums secured by this Securitv Irs4-nvment whetker or not the sums are then dae.
<br /> ap
<br />'•�, �?�;?; If the Property is abandoned by 8arrcars,or if,after notice by [.ender to Borrower that the wndemnnr offers to make ar► ��
<br />- ���" ' �-�or seitte a ctaim for�es, Somc„.r fails to r�vond to I.cader within 30 days after the dtite she rrotice is given, %�
<br /> • f IIr�..�r is authorized to cottecc�appIy the procseds,fft ms rpeion,eit�er to restoretiva or repair of the Property or.to the sums �'�•�
<br /> ' �{�- s,l�
<br /> ,.� �c�:�r•ed by this Seeurity Ia�sc=�mant,w6ether or not then c�,r._ '�;�z
<br /> .,�}` . Unless L�sd�r and Borrower ot�eiwise agn�e in writing, �y a�iicxtion uf procxeds to principal shall not extonl-�r
<br /> ¢
<br /> �,��r`�' ��one the dne date of the m�ndily payma�a referred to in parap-�E�i and 2 oz change the amotmt of snch paym�ats. ��•
<br /> .�•:��.E� ll.Borrower l�Iot ReleasEd;Fo�Sy Leader Not a VPaiv�.E�ctension of dte wne for payment or modiScwias� `�`''
<br /> • �.� . � i�Pramnrti7ation of the s�uns secured by this Securiry In�tru�e�granted by Lender tp nny saccessar in interest af H�rrruwer shall °``;
<br /> rfi at
<br /> �:a�'c opetaie to release the liability of the nriginal Borrotv�r or Borrower's successors in interes�Exnder shall n�T I��required tn �-
<br /> � �;;;` .� co�pr�ings against any saccess�a in interest or refiue to e�tend time for payment or othenvise madiflj amord�atEon �.:,
<br /> ;.:��r� :.� of the sums secvred by tlus Securiry Iny��;nent by reason of any ��nand made by the original Borrawer�r Borrower's �„�
<br /> sa�Cessors in interest. My forbearance by Zeader ia exercising any r[gbt or remedy�shall noi be a�vaivea of.atg�piectude ti�
<br /> .��.�cise of any right ar remedy_ : �i�<i,'��
<br /> RT!-Y_a-
<br /> . 1Z. Sa�rs and A�s Bo�d; Joint and Several Liabit�; Co-ei� The covenants aa�J�ug�a�ats of t6is �r�;z�:
<br /> ' ' Security Instnunent shall biad and benefit the sua�ssors and assi�s�f:`i.er�des aad Botruwer, subject to E�p:wisiaqs of �
<br /> ...�;;: � . �_,_,.
<br /> .', f : paragrapb 1'7. �arower's covenauts and.a2reEments shall be joing �x2 severai. Any Borrower whu m-sip�s t�sis Se�.uit} ��=:
<br /> .; ;�� ;. Ln..�wment bat doe�s not execate the Note:•(a)is co-signing this Seca�rity Inspunaent only ta mortgage. gmni��convey that i
<br /> .. • �L�,rr_awer's interest in the Property under the terms of this Security Instrument;(b)is not personalIy obligftst�l(a pay the sums ���.�
<br /> ' ,. �r:' � �:.amd by Wis Serurity Instrament;and(c)agrees that I.snder and any other Borrower may agree to extend.nr.'�d'ifY.forbear or
<br /> ;;.�°��(� make any aocommada3ions wiW regard to the terms of tt�is Security Instrument or the Note withaut dssx Bnrr�r�s consent. �'°�`'
<br /> ,� 13.Loan CGugxs..If the laan secured by this Security Instrument is subjert ta a law whi�s s�.�inaximum loan charges.
<br /> . s+nd that law is finaliy iaterpreted so that the interest or other loan charges oollected or to be coileaed in con.�ection with th,e —
<br /> toan exceed the pennitted limita,then: (a)any sush loan charge shal!be�ducetl by the amoant neoessary to re�ace the charge ,;,;,,
<br /> � to d�e petmitted limit;and(b)anY st�ms already collected&aru Bomower whic6 exceeded permitte�limits wi41�t�refundec!to �_�:u��
<br /> Bormwer. Lentier rrmy chaose to make thia refund by mducing ttte principa! owed �nder the Note or 6y a%��Ing a d'uect ,
<br /> ' payrnent to Lia�n�wer. If a refand reduoes princ'spal. the reducxion wiq be treated as a partial prepayment witi�a;:t�ary
<br /> �• p�epayment c�.�e under thts Note. �
<br /> � 14.Naticea.My notice to Bormwer provided for in th3s 5ecurity Instrument shall be gven by deliverin�it�rr•f�y a:iail�ng —
<br /> ' `� it by fiist class mail antess applicable!aw reqaires use of aaother medhod. The notIce sha116e directed ao thg P..r�isvcy A�ddress E.,-
<br /> •�..�»,.;; or any other address Bormwer Qesignatec by natice to I.ender. Aay notice to Lender shall be given by�k:�la5s mail to �
<br /> '�rr���� Leader's addmss stated hereln or att3r other address Lender desig�oates by nodce to Borrower. An;{.notice prQU�dP�for in this. F'-�'"
<br /> " Secarity Inshvment shall be deemed to hnue f�aen g�jez ta Borrower or I.ender when given as pruvided in il�is�r.'�graph. �
<br /> ' . 15.Coveming I.aa; SevcrabilIty. This Secad�r �ins�vment shall be goveraed by federal la�v ara�it:t#1i� law of the
<br /> '. j�srisdiction in atuch the Ptop�rty Is located.In Lhe ev�k that any pmvlsion or c�u�,,of this Seearity Ins�nL'or the Note ��?�"
<br /> •� canflicts witb appficable I��:such conflict shail not affect other provisions of thi���riry Insuuanent or the Nicr�;�arhisn can b�e
<br /> ' � given effect t�icdt►�tt the conflicting provision.To this end the pmvjsi:oms af Nis Ss�srity Instrumeat ara!the Note are declarad --
<br /> : to be severah:r�. �"'�:
<br /> 1S.Ba'eawer's Copy.Borrawer shall be given ane confom►ed copy of tbe Na�a and of this Seeuriry Insttuls�ent.
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