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<br /> �taym�nts m3y ao longer Ee ceqai�ed.at the option nf L�ndes,if m�tga�e insur-�nce wverage(in the a�aunt asd for t�,period js�-_
<br /> �hat Lendes reunires)DmvideA by an iasarer approved by Leader again beoomes avaii�le am�l is obtained.Borrawer shall PaY i�
<br /> — •�a.__,.....:...........a._..,....s.b.,v ——
<br /> th�gse�um�cequired fo maink�in mortgaae insurance in effect,or to pr�viae a i.�s�•�.i��•_••.••�•••...�.•..,-.�..a-n- : - -
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<br /> insu�ance ends in accotdEace with any written agre�ment between Borrocver s�4�.c�r`,.E'or agpiicable taw. ����:-:
<br /> 4:Ias�ecS�on.Len�r or its agent may mal:e reasonable entries upoA aod�'ur��ions af the Property.Ixnder�hall give �
<br /> . Borrower noti�e as the time of or prior to tui inspection specifying reasonabte cau..�e for the iaspectioo. ;-�--
<br /> , 10. Condemto�tion. Ths pmcee�s of any ssward or cl�m for da�ges,�irec�or consequential. ia coanection with any :�'_",-':
<br /> ' aondemnation or oiher taking of any pare of the Pmp:rty,or for comeyance in lieu of conQemnaCson.ace hereby assigned aad -__
<br /> � sha116a paid to Iander. _'..--
<br /> .� In thc event of a total takin;of ttce Proye�ty, the�raseeds siiafl be a��'lied ta dae sums�ted by this S�uYiry Insut�inent, .�°--;_�.
<br /> :,_'_ whether or nns then due, with iu►y e�cess paid to Bormwer.in the event af a pattial taic�ng of the Propetity in vrhich the feir ---
<br /> ` market valu�of the Propercy imn►ediaiely bcfore d�.°takiing is equa!to or gr,ater than the amount of the sum3 secured by this e�„t„�.
<br /> Secauriry[nstrurr.ent lmmedlatcly 6efor+e ttue taking. untess 8orrower�I.c�er otheiwise agre�in�vritic�,r.die sums r�ecamd by t�-_-
<br /> tti'ts Scaurity instavment shali ix reduoea by tfte amuunt of the proceeds muieiplied by the follawing tiactton: ;u��t�oetal :�_
<br /> amount af th�sums seeured Im�dIutefy i�fore the t�cing.divided by (b)thz fair maricet value of the P r operty' y
<br /> before tha taking. Any batance shaU tse Qaid to Borrower. In the event o�a�rartia!taking of the Pcoperty in wIuch the fair ,�:-..
<br /> `,.. � market value�af th:Propezty innmedi�teiy before ti�e talang is less tt�the amount of the sums secured iaunediatefy before the
<br /> taking.�:nlsss.Bo�rov�er and Lcnder otherwise agree ur ariting or unl�s applicabie law otheiwise pmvides.the praceeds shall
<br /> .,',� be agplied to the sums�red by this SecuritY Instn�'�nt whethker or not the sums are then due.
<br /> ,,•>{ If the Prapert5+is aGandaned Dy Borrower.or if,aRer aotice iry Lender to Bomawer that the oondemnor offers to make an
<br /> award or settle a claim for darr�ages. Bomawer fails ta re�ad w Leasier witUin 30 days after the date the notice is given, • ��.'
<br /> ' ` f� Lender is auUiorizsd to callect and sgply the prooesds.at its option,eitlter to restoiation or repair of We Property or to dte sums :g:.,._-„
<br /> •. �, secuted by this Se�rity Instrnment,whether or not th�n due.
<br /> .,��.�: Onless Lender snd Bocrowa atheiwise agree in writiag, anY aPPlicadon of proceeds w principal�h:ll not extend or �...:.
<br /> �. ;`� postQotie che due datc of the uton�lY FaYmems refet�.w in paragraphs 1 end 2 or change the amount of suc�payr�ents. •�t�.�.
<br /> � ;: 11.Barra�ver Not Reteas�;Forbraran�E39 i�des Not a Waiver.Extension of the time fas pay�c or snodifi�iion _.
<br /> � %• of amortizatian of the suras se�ured by this Security Ia�ument granted by Lender to any successor in inteiest e�Sorrourc-s s;aU ,
<br /> �'` . �ot opesate to telease the liability of the original�oma�.s�er or Borrower's sacaesso�s in interest.Lender shall cni t�troq�to �.
<br /> .� r� r�mmencc Proceediags against auy successar in ir�t or refnse w extend time far payment or otherwise�ify amorti�ttion __
<br /> �'. ;...
<br /> :, t. vf the r�cros secu,ned by t6is �erority �'�+�*�+,m�� �ason of any demand m�e by the original Bornsace'r os Borcuwer's _
<br /> • successflra in inierest.Any forbearaaee by Ex�u��,;xeacisang aay right or re�c�y shall uat be a�v��r�f'or pmlude the _
<br /> .�,.,;�: .. ex�rcise of aay ri$ht or remedy. • •
<br /> � . •• 12.Succ�sois ut� Assqgns Bouad; do3at�uufl�evesal Lia9itity: C�'�e�s. Ttie�u�.�.�s�I ags�ements of this
<br /> ; ��i : .�uritgr Insuumem s6aU: �.nd and benefit the�usx4,"�'°�rs and assigns of Len�and Borrower:�subJect czn,the provLsions of . '�,�'.�
<br /> .. .:`•a ::�araBraPh 1'7. IIotm���":s eoveAants a� agreereit-r�:��„� be joint and �evex�l: Aay Banower wlio ar-s.�ns this Sewrity :. v
<br /> . ` :Ynstcnment 6ui daes r.cf�zerute the Note: (a)is o���►$Ei�is Security Insuv�i�nt only to mortgage, �mi and convey that •i`'��'
<br /> � ', Borrower's s.�terest in t'a�ProPenS'under the temxs aE 4:.�is Secarity!Instrument;(b)is n�ot pe�sonaliy obUgated to pay the sums .
<br /> � :�ecurad by tt�is Sea�ri►Y L�smu�ient:and(a)a8re�s th�G.�.ender and uny vther Bvrrower may agree to�xtend.�ndiify,forb�ar or . . �`
<br /> :;.�r�,�:.aice any scc�mmodauars,�cvidn regard to the tesms n�'r•.�',s Security Insuuraent or tfis Note trithout t�at B�r��i s Consent. ;:�: _—_
<br /> � � 13.Laan Ct�rges.�t"r the laan secured by���ca�ricy�nsavmen2 is subjsa to a�law wIuch sets.nl�.��rnim loan charges, -
<br /> ;�� 4 �����'r��and that lavr is Snally interpr�ted so that the inter�br ather loan ehazges collested or to be collected v,-saunedion with the
<br /> �oan exceed the permitted limits,th�s,.(Q�any suc4loan chatge sh�11 be reduced by the amount necess•a�y to redace t�cLarge ��'�`_._
<br /> ;�;,:;:F '.�;�:• . w the�raritted limit;arFd N)any sui��ready caitected from Bo�YOwer which exoeeded pe�mitted limits will6c refutided to =
<br /> ' �"`?Borrower.. I.ender may choose to.a��ai.s rafuur9�y.rrducing the �rincipal owed under the Note oe.Ly malcing a cllrect
<br /> .' .,. , ;':., ,. `
<br /> ���.i�? :.',:',�:�aymem to Borrower. If a refand c'�'Fu�s¢tf.�+�-s�Ji, the redacxion will be t�ated as a partial pn�q�ment without any
<br /> . . ,.':�,p.repaYment chaage aader the Nate. , .�'::_� .
<br /> . . 14.Notkes.Any ctotice eo Bonower provided far 9n t�is�SicY Instn�ent shall6e given hy delive�ing it os by malling - -
<br /> � . .:it by first c2ass mail unl�,g a�slicable faw requires n.e flf ano'w aT method.1Ue notice shall6e directed to the Property Address �,
<br /> . ,: ar aay aher address t��c��+es designates by nodcsc s:�Lender. My notice to Ixnder shall be given by.firsf etass mail to
<br />� '� �Lend�r's address stated nerein or any other addre:.�11�,,"nder designates by notice co Bonawer.Any noflc��ovided for in this -
<br /> '.� ; .:' .. S,.cutity Iristcument�shall be deemeA to have bezn��rn to Bonower or I.endet when given as pmvided ia.dEu�s paragrapfr. _
<br /> .�.�'..�.i'2• .' IS.GoveYaiig Isw; SevCt7�blltty. 'Iriis Secvrity Instcument shall be govemed by federal la;� �td the law ofthe , �
<br /> '� ' � jurisdictio»in�which the Propeny is located.In tfts event Wat azay provision or clause of t6.i���rity"�strument ar the Note
<br /> . �•:,.i,` .� ,,�'•;. conflicts with applicable law,such conftict shall uat!�:.'Ffed other pmvisians of ttnis Securiry Instmm�t ar d�s 1Vote which can be _
<br /> ;� ' •��.�given effect without the conflicting.pmvision.To,ifsli��end the provisions of this Secutity Iastrument u��,r�C:Note are declarod _
<br /> ' ' �:.>: r:`' to be severab2e. � . --`
<br /> � �.;; , � ' " � �16.�arrower's Copy.Sorrowe:c�ra1.E bz p.c.u�c�e oan4'or�n�oopy of the Note and of this Security Lcctniment.
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