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<br /> naym�tiils may nc�IonUcr bc rcquirccl.nt thc aption nf l.cndcr, if mortga�c insurnnco covcrn;c(in thc nmounl und for thc{fcriod -
<br /> �iiat{.ender rcyuires)pmvided by��.n insorer npprcwcd hy Lcn�fer again G�c:umcti nv�ilab;e imd is ufiti!ined. finrro�vcr slmll n��+ �
<br /> tiic prcnilums icc�ui�cd t�i mainwui ntorigc��c insurancc in cfFc�:�,ur�c►pruvidc n lur��resc►vc,until thc rcyulrcui_ill fin�nwrij;a;;� �-
<br /> jpSUl:Illl'C Cil�[�1u Ft�CG��}i��'���^"h�"i`.uei[tng�omrment hCtvrCCll I�OfI'OR'CP ilflJ�.CIlI�Cf 11�apphr.thlc i�w�
<br /> 9. I�upectlon. l.cn�lcr or its agent may makc rcasonablc entrics u�wn nnd inspcctitms c�f thc Pro�x:rry. i..cnclar simii givc
<br /> l3orrower noticc at thc�in�c of or prinr to un inspcction spccifying rcc►�onablc cnusc for�hc inspccUnn,
<br /> 10. CondemnxUon. The proceeds of any awnrcf or e1Aim for dnuiuges, dircct or consequential, in conn:ction widi nny
<br /> condcmnatinn nr�ititcr tnkinr��f nny part of tl�c Property,or for convcyancc in licu of am�lcmnatiim, nrc hcrcby nrsi�ned nnd
<br /> shall bc p�id to Lcndcr.
<br /> ln thc event of n tatul taking of the Propcny,thc procecds shall be applied to thc sums r�ccurcd by this Sccurity Instrumcnt,
<br /> whether or not then duc, with s►ny excess paid to Eiorrower, fn tlie event of n parli.d taking uf the Property in which the fair
<br /> maeket v�lue of the Propeny inunediately bcfore the taking is equ�!to ar grcater than the amount of thc sunts necarecl by d�is
<br /> Secueity Instrun�ent imnxxliutely Gefore the taking, unless Barrower und l.end^r othenvis�:c+sree in�vriting,tl►e sums secured by
<br /> this Security instn�ment shatl he reduccd by the amount of the proce;eds tnultiplicd by the following fraction: (u) the tot�l
<br /> a�naunt of thc sums securcd irnmediately before the taking, dividcd by (b) the fair market volue of the P�op�eny immedintely
<br /> befors the taking. Any balancc shall be paid to Borrowcr. In tiic event of a partial taking of�he Property in which the fair
<br /> markct value of thc Propeny immediateiy before the taking is less than the amou�it of the sums securecl immcdiately beforc the
<br /> taking,unless Bono�ver and I.ender other�visc agrec in writing or unless applicablc law othenvise provides,the qrocceds shall
<br /> bc ap�liod to the sums secured by tllis Securiry Inst�ument whcthcr or not tho sums are then due.
<br /> If tke Property is abandoned by Bonower,or if,after noticr,by Le:�xie:�to Borrower that thc condemnor offers to rr�ake an
<br /> ativazd ur settie a claiu�for damagcs, Borro�ve� fzels tu resaond to l.ende: within 30 days a�er the dut� the notice is given,
<br /> E.ende:is authorized to collect and apply the procecds�at its oneion,either to mstoration or repair of thc Property or to the sums
<br /> secured by this Security Instrum?ist.whether or not then du.�.
<br /> Unlass Lender ��:d 8amo��•er othenvise ¢�r,ec i�a w��eit�, uny application of pmceeds to principal shall not extend or
<br /> postpone'tfie due date of t�e mo.nthGy j3t1}'t1Y::its cefrn�l t+�in p�.�riphs 1 and 2 or change the amount of such payments.
<br /> 11.Dorrower N�s214t«:h3s�9� IF��n1��a+=r.nN:�3y A.h.v�i�r Noa4 n tiYalver.Bxcension of the time for payment ar modification
<br /> of amortization of tf►�sitms sesure 1 b��this 5tr�irity Insirument granted by Leix#.e�ec�sny s�tccessor in interest of Borrower shall
<br /> nat operate tu release th$llabiliry af the arigittn�IBorrower or B�rrower's successnrs da inierest. l.ender shall not bc required to
<br /> comme.�oe praca;dings against uny suoc.•.ssor in interest or refu��i�extend time for payment ar othenvise modify amortization
<br /> of the sums suured by this Secarihi lnstcument by teason of any demand made by the original Borrowcr or Boaower's
<br /> successqr�in int�.resi. My forbearance by Lcnder in exercising any right or remedy st�all noY be a waiver of or preclude thc
<br /> cacrciaC vi ;i-i i azi�a.x.."'3.y.
<br /> �i41`• ti
<br /> i2. 5uaceasors amd Assigns Bo+m�; JoSnt und Several L{xbflity; Co-sQg�ers. The covenants and agrcements oi tn�s
<br /> Securit}� 3nstrument sh�ll bind and banetIt the suc::essors and assigns of Lend�r and �orrower, subject to the provisions of
<br /> paragnph 17. Horrower's covewnts and agreemenu shall be joint and severaL Any Borrower who co-signs ehis Socuriry
<br /> �nstxum-,ru but daes not axcc�ta.the Notc: (u)is eo-signing this Sesuriry Instmment only to mortgage. grsnt und coavey t13nt
<br /> 13prrmvc,r'r,interest in.A�a Prop:�-ty under the ter�ts a�f this Security Instnunent; (b)is not personally obliguted to pay the sums
<br /> ser,�trad by thls Security Wstn�mEnt;and(c)agrec.�s�hat Lender and any other Bomuwer muy agree to extencl.modifY�forbear or
<br /> m�kc any accomma�dations with regard to th�terms of this Security Instrument or the Note without that Borrower's consent.
<br /> 13. I.oan Charges.If the loan secured by tbis Security Instmment is subject to u law which sets maa�m►t,'n loan ctwrges,
<br /> and that law is finally intecpreted so that the intemst or athsr la:u�charges collected or to be collectal in connection with the
<br /> loan excxed the permitte,d limits,tlien: (a)any suah low�charge shall be reduced by the:unount necessary to reduce the charge
<br /> to the pennitted limi3;axx�(b)anY sums ulready co:iected from Boaower which exceedod permitted limits will be refue�dod to
<br /> Borrower. Lencier may ch,00se to make this refund by reducing the principal owed under the Note ar by m�king a direct
<br /> �ynxnt to Borrower. If A refuncl reduces principal, thc reduction will be treatod as a partial prepayn�ent wi2hout any
<br /> prepaymeni chargc under tt►e Note.
<br /> 14.Not�as.Any notice so Borrowcr provided for in tl�is Scxurity Instn�naent slia�l be given by delivering it or by mailing
<br /> it by first class mail unless ppplica6le law requires use of another method• The mnttcc shall be dircctod to the PropeKy Address
<br /> ur:►ny otl�er address }2orro�vcr designates by notice to l.endcr. Any notice¢o Lender sha�i be given by f rst class inail to
<br /> Lender's address stated herein or any other address Lender designates by notice to Bormwer. Any notice provided iox in this
<br /> Security Instrument sl�a11 be deemod to have been given to BorerswWr os Ler,dcr when siven as providcd in this paragra�h•
<br /> 15.GovernMp tL,aw; Severabflity. This Secu�iry Ynstru�nent shall bs governed by federal law and the law of the
<br /> jurisdiction in which ehe Property is located.In d�e event that any provision or clause of diis Security Instrucn�nt o•r the Note
<br /> conflicts with applicable law,such conflict shall not afCect other provisions af¢hls Security Instniment or the Note which can be
<br /> given effecl without tlie conflicting provisian. To this end the provisions of this Security Instrument and the Note are�leclared
<br /> t�be sevcrabte.
<br /> 16.Borrower's Copy.Boreowcr shall bc givcn mie conformed copy of tlte Note and of this Security Instcumcnt.
<br /> fonn 3028 9180
<br /> Pega 4 of 6
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