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<br /> y,';�; paymems may no tonger 6e requi�e�.at the option af Lenc3er.if nortgage insurance coverage(in the amaunt and for the peaad —
<br /> ' that Les�der requires)pr6vided by ar�insurer approtecl by LeAder again beeomes availatile and is obu+in�. 8orrower shall pay
<br /> the pre.miums required to mvntain mortgage insurance in effect,or to provide a loss ms�e.umil the reituirement for martgaoe
<br /> ,:;;- insuranoe e�ds in�crordance with a�►y�ttea a�reentent between Borrower and I.ender or applicabte taw. —
<br /> 9.Inspect£on.Lender or its ageQt may niatce reasonable entries�Fon ar.d inspecdons of the Propejty. L.ender shall give
<br /> Borrower notice at the time of or prioi to an insgectioa specifying reasonsble causz for the inspsction•
<br /> � 10. Coade�nntton.Ttte prooe�s of any award or claim for damages. direct or conssquenteal, in wnnection with any -.
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<br />�'����� � rnndemnation or cr:her taking of any part of ths Froperty. or f�r oomeyance in lieu af rnndemnation, are hereby assigtted and =
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<br /> � �- shall Fss paid to Lender.
<br /> ��r�; In the event af a total taking of the Propsrry,the proeeeds s�l!be applied[o the swns secured by this Security Instrument, -
<br /> wh�thar or not then due. �vitt any excess paid to Borrorver. In the event of a partiul ta.king of the Progerty in which the fair _
<br /> mar&et value of the Propecty imm�iately befote the ta�sing is equal to or greater tAan the amount o#dte s�nu secwed i�y u'tis _
<br /> Security Instmment immediatefy before dx taking,unless Horrower and Lender otherwise agr+ee in writing,the suats secured by _
<br /> � ' this Ses.vrity Instiument shall b2 red�a:�i by the amount of the pmceeds multiplied by the following fiaction: (a)the tota! _
<br /> � amaunt of th�sums secvred imme�iatelY 6efore the t�&ing.dividad by(b)the fair marizet vafue of the['�og�sty im�nediutely
<br /> bPfore the taking. tRny t�s?�x sfrrll b�Pzid co EvrsBU;':t• �n the event of a partial taking of the Property in which the fair
<br /> �';�. mprtcet val�oi the Pte�.ty immedi�:Iy he�'ore th.cagng is less than the amount of the sumF secured immediazety befa�e t�^ -
<br /> . ' taking,unlc�s Borrower and L�ender c�e:�si.=e u�ee in arriung or untess apptirable law otherwise provid�.s.the prucc-�dr'anail
<br /> •. be appliad to the sums seruresl by ttus���azisy�nsttument w�¢tl��-�r�ot the snms are then due.
<br /> If the Property is abandoned by Bor.��er,er�afier not����Lender to Borrower thz�the oondemnor offeis t¢*rr:�'�e�a-n -
<br /> • awar+i or setde a claim for damages,Borrower f:a��� sespond to L.ender within 30 days after the date the notice "rs�.^��.
<br /> �nder is authorized to cullect and apply the pro��s,ac its option,either w restoration or repair of the Pra��ty or to ti�supns
<br /> ''��, y�-se�h}F this 5ecwity Instiument.whether or no:ttten due.
<br /> �^."erss Lender and Borrower othenvise agree in writing, anY aFPlication of pro�eds ro principal s�It not er��3 or
<br /> �� �•* go�e tha due date of the monthiy payments referr�to in pazagrapl�s 1 aad 2 ar chan8e the aznount of such payments.
<br /> 11:"i&orrower Not Ael�sed;Forb�'ance B�s�render Not a iWmiver.�.+..�nsion of the time for pay�►t ar modification . _
<br /> •. of amo�-•.ajian of tht sums secured by this Securits-Tnstrument granted by L�@er to any suocessor in ini_..�..st of Borrower shaU
<br /> . � not.ope*_�:$•to tetease�dte liabiliry of the ariginal Bomower or Bonower's successors in interest.I�ea�ea sifw,il uat Ge required to �
<br />-_=__ �nm.�E'^�r�raxpdings against any s�cm�sor in interest or refuse to extend time for paymena�r��the�wise modify amorr.ation
<br /> '�=' ,� of itu� e�atns seau'ed trY this Security,,Instrumeiit by reason of any demand made by the original Borrower or E��nimwer's _
<br /> • . susce�n�rs�in interest. Any forbearanoe by Lender in exercising any right er rem�dy shall noa bs a wai+•er�af or p�ciufle the
<br /> c.q�risa af any right oT remedy. •
<br /> .::.�• II�guccessors sind Asslgas �ound;Joint srnd Sever�el Ua6iUty;Ca-stg�eis. Ttie covenants and agnar� af this
<br />`���`�'. Se�i�y �suutn�nt shz}1 bind and benefit the sucxessors an�assigns of Lender and Borrower. subject w the pcm°•si�oas of
<br /> �,:r,. . •
<br />-,; „ p3ra�� :i'1. $orrower's covenants and ageemenu shatl be joint and severnl. Any Bonower who co-signs tiiiJ��'en.arity
<br /> � instiumxm but dues not e�ceecte the Note: (a) is co-signing this Security Iastrument only to mortgagz,grant and wr.���y thaz
<br /> � ' . �orrower's interest in tha Property n�der the terms.�c+f this Security Instnunsnt;(6)is not pessonally oblig�ced to pay th�snms =
<br /> secured by d�is Secur�ty 3nsuum�l;and(c)agrces.���?Lender nn�any other Bomower m3y agree to exte�c��modify.forbear os
<br /> m�ice ar�r,uscommodntiong aritt�reg2»�ea th;terms of this Socurity lnstrumsnt or the Note without that Barrower's cons8nt.
<br /> 13:J�twa Chargc9.lf ffie loan seeiired by this Securiry Instrument is snbject to a law v�t,i�sets m�cimum loan charges,
<br /> and that law is finatly interpreted so that the interest or other:oan charges collected or W 6e collacted in connection with the .
<br /> � Roaa exaeed the pemiittecllimits.then: (a)any suc�suan charge shatl be reduced by the amount necessary w reduce the charge
<br /> �"'�`. ,. ia•the pezmitted limir,anQ(b)any sums already caltected from Borrower which exceeded ge�mitted lira:gswill be refunded�eo . .
<br /> ` � &smrr��r. l.ender may chaose to make Uus refund by mducing the principal owed ur�des the Note or�fjy maldng a dir�t
<br /> � paymc�a,.tn Borrower. If a refund reduoes prinMpa�, the reduction will 6e treated as a paitial .prepa�r�ltent 'cvith.�t any
<br /> pscpaymana charge un�er ehe Note. �'� '
<br />� 14.Notices.Any notice to Borrower ptovfde��or in thi9 Security lnstmment shall be given by deln�ng it or by mailing
<br /> � it by first ctass mail unfe�s applica6le law reqUir�s wse�of unother method.7'It�.vwtloe sha116c directed to t�rs Property Address
<br /> , or any other address Borrower desi�tes by not�a ta Len�. ,My notic�2a l.ender s1ja11 be given By firs4 class mail to �
<br /> • ° Lender's address Etated hzrein or aa.S:�ther address Lender designates by notice to Borrower. Any nottce yrovided fo;-�n this .
<br />' Security Ipsuunnent shall ba deetned to fiave been given to Bdrrower or Lender when given as pro rided in this paragrc�:
<br /> • . � A5.Govetning Law; 5evesahility. 'i'his Securiry Insuument shall be governod by federal law and the law of t�se
<br /> , . jwisdic6on in wtttch 4he ProDerty is locnted. In�e�cvent that any pmvision or clause of this Secudty Irl�ruinent or the Note
<br /> . : . conflicis with applicahle law,such wnflict shal]r�s aifect oth�r provisions of thls Security Instrument or rhb Note ahlch can 6e
<br /> : given effect without the conilicting provision. To this end the p:ovisions of this Securiry Instmment and the Note are deciazed
<br /> ' • to be sever&ble.
<br /> ':,,`�'� � 16.Borrowes's Copy.Bomuwer shall be give^.ane wnformat copy of the Note and of this Security Instrument.
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