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<br /> �ynkiuti nuy sk`►liting�r h: rcyuir►xl, at thr option oF l.ernier, if nx,ngage inwr;�ixe c���'erage lin thc amount atui for the perioc9 �
<br /> that t.cixlcr R*�{uircxl pmvid�nl by kn insurc�appro�•cd by l.�ixicr �ain baomcti A��ailabla wul is abtained. Barmwcr shall pay --
<br /> the premiun�.c requim�l to nuint�in nx�rtgape insur;�ue in effeYt,ar tu pruvide a la��rcxrve,until the reyuircmcnt fur nwrt�;a�c --
<br /> i�uur:u�:+ <«l� :si a�cutxl�u:�u�ith any uritten agreemem betx�een Borr��Kcr aixl Ix�xler��r a�,plic.►blc law•. r.
<br /> 9. Euspec�la�. i.ender ar it.r agcnt n�ay maicc rauonahlc cuuics upon•rnci ia�prctions ot Ihe Nroperi}�. �.ender tihall give =
<br /> :.�cc.�aer notic:ai thc tinee uf ar pri��r tr an in�,�ecdon spe�cifying rcasc.nablr r:wse fi,r the inspectiun. _
<br /> 10. CwukKUUatiat. The pri�cec:ic of su�y au�ard nr rl:iim fur ci:vi�ges, dinrt or canceyuenti�l, in rnnnectii�n with atty �_
<br /> candenu�:idon�tr wher tal:i��af any part ��f the Pruperty,ar fur cunv�yaike in iieu of condeou►ation,are hemby :�.�igncti!;uui �
<br /> a}wl! be p:tid to LcndCr. �
<br /> ln thr ever�t of u t�tal tnking of the Propeity,the praci�eals shall be applied to the sunu secun.�cl by this Sccurity Instrument. �
<br /> whether ur ncu then Juo, with any excess puid to Burrou•er. In tnc ecent of a panial takin� of the Properiy in w�hich the fair _
<br /> mar�:et�•alue of tho Propertv +mma�iiutoly ixforc th� taking iv eyual co or greater thsu�the anwunt of the sums secumd by this -
<br /> Securiry insuument i�nm�iately lxfore thu taking,unless Barrow�er and l.ender othcrwise agree in writing,the sums secur�i by —
<br /> this Security I�strument shall ba rzducod by th�amouN of the proceeds multipli�:d by the follcwin� fraction: (a) the total
<br /> artiount of the �ums secured inunediatcly beforc thu taking. dividod by (b)the fair marke� value��f the Property immediateh
<br /> before the tal•ing.Any balunce shall be paid ta Borr�wer. In the e�•ent of a partial tai:ing of the 1�n��oerty in which the fai�
<br /> mari:et value of the Property immediatcly before the tal•ing is less than thc:amaunt�f ci�surns sc�wrta'� immedi;►tel�before thr
<br /> takin,�,unless Borrower�ui Lender otherwise agree in wiitii�or unle�c applic:srle?�u �.�therwise�mvides, thc�n�.e�ds shaU
<br /> be appliod to thc sums secured by this Security Insttument H`hather or ru�c the sums are the.n due.
<br /> If the Property is abaiufoned by Borroa�er,or if,aftec nolice by Lera,.�r to Borrower that the�ti�alemnor offers to malce s�n
<br /> award or settle a cE�im for clanmges, Borro�er fails to res�ond to Lender within 30 days after t�:date the notice is givcn,
<br /> Lendet is�uthariu�9 ta collect artd apply tho}w�-~eeds,at its option,either to resioratiou or repair ot'the Property er to the sums
<br /> secured by this Secunity Lti�ttsiment,whether or not then due.
<br /> Unless Lender and Butn*wer othera�is;agrer in writing, any application of�nx�eeds to principal shall n�t extend or _
<br /> postpone the due date of the monthly payments referred to in paragraphs 1 and'2 or change the amount of such payments. _
<br /> 11. Borrorcer 1\ot Releaced;I'orbearance Sy l.ender Not a Walver.Eatension of the time t'v payment or modificatian
<br /> of arnonizltiom of tne sums secured by this Securiry Itutrutnent granted by Lender to any succcssor in interest of Bmrower s}�a19
<br /> not operate to release the liability of che original Borrower or Borrower's successors in interest. Lender shall not be required ta
<br /> c�arrxnce procoedings u�ainst any successor in interest or refuse to extend time for payment or othenvise modity amortizati�n
<br /> 05 ihe sums serured by this Se�curity Ins[tvment by reason of any demand rnade by the origin::Bonower or Borrower's
<br /> successors in i�:rest. Any forbearance b)� :xnder in exercising any right or remody shall nat be a�ives mf or preclude the
<br /> exesoise of any right or remady.
<br /> 12. Saoce�ors aud Assi�ns Bouad;Jant and Several I.lubility; Co-signers. The covenants and agrteznenis of this
<br /> Securiry Inurun�ent sf�ail bind and benefit the suocessors and assigns of Lender an� �orrower, subject to the provisions of
<br /> paragnph 17. Borrower's covenants �nd agroemerus st�all be joint and several. Any Borrower wha co-signs this Security
<br /> Inctrumeru but does not execute the Note: (a) is co-signing this Security Inctrumeut only to mortgage, gran!and convey thai
<br /> BOt['OWC!'S IIItC3YSt ft1 tI10!'iOpeR}1 NII�Ct L�10 LCYiILS Oi tIlIS�CCW"ity iruirumuf't: 1Vj ia twi�iciaui�aiiji�i`vii�'a�i G'v NiiJ itt��ii .
<br /> secured by this Saurity Irunvment;and(c)agrees that Lxnder and anY other Borrower may agree to eztend,madify,forbeac or
<br /> p�lce any accomnadavonc with regard to the temu of this Security Instrument or the Note without that Borrower's consetu.
<br /> 13. I.oan Chaeges.If the loan secured by this Security instrumeni is subject to a law which sets maximum la�n charges.
<br /> , wd thu law is fu�lly interpreted so t1�at zhe interest or other luan chaiges collected or to be collected in cotuxction with tht
<br />_ lo�n exceed the pertruued limits, then: (a)any such :oan charge shall lx reducod by the anwunt necessary to reduce the cf�arge
<br /> to the pemutted limit:ard (b)any swns already collected from Bomower which e.roeeded permitied limits will be refunded to
<br /> Borrower. l.�nder may choose to male this refund by reducing the principal o��t under the Note or hy making a di�ect
<br /> payma�t to Borrower. If a refund reduoes prittcipal, tha reduction will be tteawii as a pattial prepayit►ent without as�y
<br /> P�Y��charge under the Note.
<br /> 14. Notices.My notice to Borrower provided for in this Security Ir�situ;nenc shall be given by delivering it or by mailing
<br /> it by first clus mail wiless applicable law requires use of another method. The noticx shall be directed to the Propecty Addrcss
<br /> or any othet address Borrow�er designates by notice to Lender. Any noticc to Lender shall be given by first cl�ss mail to
<br /> I.cncler's address stated herein or any other address Lstider daigtnies by notice to Borrower. Any notice provided for in this
<br /> Sa;uriry Instniment shall be deemed to have betn given to Borrower or Lender when given as provided in this paragragh.
<br /> 15. Goves�oiog Lnw; Severability. '1Rsis Socurity In�trument st�ll be govemed by federal law and the Izw of the
<br /> jurisdiction in whirh the Property is locate3. In the event that any provision or dause of this Security InstrumeN or the Note
<br /> conflicts with appliczbte IaK,wch conflict shall not affect oiher provisions of this Security tnstrument or the Nate which ca:►be
<br /> given effect witl�out the conflicting provisio�. To this end the provisionc of this Security InsWa�ent aad the Note are decl�rod
<br /> to be severable.
<br /> l6. BorrawaPs Copy.Bonower si�l be given one confomxd rn�y of the Note and of this S�:�irity Instrumeat.
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