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<br /> paymr�us may na lnn�e��c res�uir..t1, nt t�s opt�on of I.wndcr,lf uio�,n,ngo L�sumnce eaveenge(in�he�uiount cuic!foe tiie perial
<br /> thnt�ender re�uires)providcd b�an insurer npprove,d by Lc:ndea aguin becarnes evailable and is obtained.Dorrowcr shall p�y tlle
<br /> premiums requked to maintain mortgago insw�►co in effect,O[[0 {YPOVId6 Q I4S9 ICSCNO, untl! tha rcquirement for m4rtgnge ,
<br /> �...� wwr wnd f n �w`
<br /> insurance ends in accordancc wiin any wiiiw���..��t�:...,.,:s B�xL..__--—"-�ie►nr e�llCablo Isw.
<br /> 9.Inapectbu. Lensleer or i�s egcnt may makc rcasonabio enMes upon and inspections of tha Property.Lcnder shall givE ��T,'
<br /> Horrowu nodce at the time of o�pdor to an inspecdon spocify[ng rcasonabla cause for ttee inspect�on. "'��
<br /> 1�.�a�aLai�uaQtaa. T�c procerds of nny a��erd or cln!m for d?ma�es,direct or consequenditl, in connr,c�fon with nny
<br /> cond,,mnadon �r other taking of uny part of�he Properiy,oe for convayence in lieu of candemnadon,are hr.reby axsignod end �!'.�
<br /> shaU bo paid w L.endcr. � "
<br /> In the event af a totul taking of tha Property.the proceeds shall be appllcd to the suma secureA by thls Security InsDmment, ���_-:
<br /> w he i l�er or no t t h e n d u e,wlth an y cacess p a ld to Bonower.In tho eve,�t of a pnrdal taking of the Proparty In which tho fair market j��,-
<br /> valua of tho Properiy immedtately before thc taking is equal to or greacer thnn the amount of die sums secured by this Sxurity r�._
<br /> Instrument immedisc;,ly ricfore ►he taking,ur�less Botrower snd Lender atherwise agree in wriflng. tho sur¢is sc;cured by this �
<br /> Se;curiry Insaument shall be reduced by t&e amount of the proceeds mulnplled by the following fracdom(a)ihe tosal amount of ___
<br /> the sums sccurcd 'ur►mediatety before the taking,divided by (b)the fafr market value of the Pmperty immediatolY before the ___
<br /> taking,Any balance shall be paid w Barower.In the event of a partlal teldng af the Yraperty in which the fe3r market v�lua of tho __
<br /> Propcity imm�ly before thc taking is less than the amount of the sums secured immediatclY before the taking, unless __
<br /> Boauwer and I.entier nihe�rwlse agrees in wdtin8 or unless applicable law otheiwLse provides,the proceeds shall be appliod w th9
<br /> sums secumd by this Security Insuument whcther or not the sums are then due.
<br /> If the Prope,rty is abandcu�ed by �ocrower.or if,nfr,er notice by Lendex w Bocrower ti�at tha conrlamnor oKess ta m�e an .
<br /> award or seule a cl�im for cLnzAg�s.Borrower falls to respernt3 W Lender withln 30 days ufter tT�e date the notice is gdvcn,I.endex
<br /> ls suthor�zed to coIlect and apply the praceetis.�t its op�ian,either to restoradon or repuir of tha Property or to tha sums secumd
<br /> by this Security Insuuraent,whether or not then due.
<br />: Unitss I..ender and�orrower othenvise u�tee�n wridnS,a�►Y aPFlicail�n af prnceWs to principnl shall nat oxtentl ar posqmno
<br /> the duo data of the montt►ly pay�:�ts nferred co in ParagraPjis 1 and 2 or change the nmount of such payments.
<br /> 11.Borrower Nat Beleased;Forbearance By I.�nder Not a Waiver. Hxtez�sion of the tlma for pt�yrment or modiflc,adon ,:�_
<br /> af sunonvation of the sums secured by this SecurFty dnstrument granted by I.ender to any aucc�s,4or in interest of Holrower studl _-_
<br /> not npuate to release the llability of the odginal BorrowCr or Hoaower's successors in lnteres�.Lender shaU nat bc required Gu =
<br /> commence procce�lu�gs against any suocessor jn interest or refuse to extend time for payment nr otheTwLsti modify amo�on of —_
<br /> the sums sxured by thjs Secucity Insmiment by reason of any demand mada by tho origUutl Borrowu or Bornowea's suocessor�
<br /> in inWtes�Any fotl)e�uenCe by LGiuer in exe�ising any rigni ur�deuy 6u6L'c��i w a:.'a"�L'��;IIT jSlLC�3:�.°.:h�'nr��rr�cw nf any
<br /> right or remedy.
<br /> 12.'�ucceseure�nd A�elgoA Bound;Jofnt And Several I.t�bif3ty; Caai�ners.'Ihe covenants end egroemente of ttds
<br /> Secudiy Instrument shall�bind and 6enefit the successors end agsigns of Lender and Borrowu,subjxt w tho pruvisio�u of
<br /> p�r�pph 17, Borrower'e covenants u�d agreementa sha11 be,iolnt and sovaal. A.ny Bocrowa who co-aigns this 5xurity
<br /> Gut�urr�tnt but doca noi oxocuu tho Noto: (a)�i cn•eigning this Sxurity Inatcununt only w moctgaQo, grant and convcy ttut
<br /> go�roWex��interr�t in 1ho pc+oNerty under tha tams of this SocurDty Instcument; (b)is not petsonaUy obllgated W pay tho aums
<br /> exuced by thb Soctuity GutrutneRt; aid (c)egcees tlut I.endcr ond eny othar Borrower may egroe co extond,madify,focbear a
<br /> nu�ke�ny�ccommodations with regacd to�ho terms of this Socurity Instiument or tho Nota without that Horrowa'�consen�
<br /> 13.Loxe C�argra. If tho Wan seeund by thls Security Inatrunnecit is subject co a law which sets rtwuimum 3oon chtucges.
<br /> w�d ttu�t law ls fu�afly inuspreted so that the inurest or othu loan charges collocted or to be collectod in connt�cdan with tha loan
<br /> Bxcoed tha pamiuod lunits,then,(a)eny such loen chargo shall be reducal by tha emount neoessary w roduoe tbe chargo to tha
<br /> pamiuod UmiG and(b)eny sums already collected from Boaower which excceded p�xmittcxl limits will be m.funded w Bomower.
<br />- ;,,�;� ;;.,;� ��,.,,;,,,..�. �� moirg fhi� refund Uv mdncinu the orinci�al owed anslca 1he Note or by makin$ a dlxoct payment tp
<br /> Barrowu.I4'a tefUnd rodus�principal,the reducti�on wUl be treated as a pertsal Prc�paYi►iu►t without any prcgay�tt cnazge _;
<br /> r,-
<br /> �da tt�e Note. _
<br /> 14.Notias. My noticco ta Ba�mwu provided for in this Sacurity Instrument shall be given by dcuv�ing it or by mailing it
<br /> by fitst cL�s mail unless applir,able law requires uso of enotf�er niethod.Ztie nodco shall be directcd to tha Ptopexty Addness or
<br /> any ottKr eddress Aorrower designates by nodce to I,endcr.Any not3ce w Lender ehall be glvem by firat class mai!to I,�da's
<br /> addcess statal h�xein or eny other addc�ess Lender de.�ignates by nodce to Bomowrr. My notica provided for!n this Sesur�ty
<br /> Inahwnent shall ba dxmod to hava bcen glvcn to aormwer ur Lender whea givea av pr�vldod in this pnragrnph. —
<br /> IS.Govtrnfug Ls�w;Severability. 'ltiis Security Instiument shall 6c govemcd by federa.l law and tho law of tho
<br /> juctisdiction in whi�h the Propaiy ig located.In the event that any Drovision or clause of d►is Sec►uity Iusuument or tho Note
<br /> wnflkt�with appllcable I�w�such confAict shall not siffest other prnvisions of tPris Security Insinuneat or the Nou which can be
<br /> glvcn cffect wilhout the wnflicting provision.To this end�he provisiana of th�s Security tnst�umant and the Note are doclared to
<br />— ba severabb. �
<br /> Form 9040 OfoO -
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