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<br /> ' � paycnents may na longer he requirad.at the opdon of Lender.if mortgage insurance coverage(�V�e umnunt and for t�e periad �";_^
<br /> �ha�Lender requic.��pravided by an u,s�rer aPpmved Cy LeRder again h�°mes available and is obtained.BnrrotYer st�tiF��y+. �t�Fr.
<br /> . �e pmm�ums raquir�.d tv maintain�nn�gege insuralsce in effect,or to provide a loss reserve.until the requirement�ti►ma�:�pga. -_
<br /> � insursnce ends in accardanee�vith anY writ?en a�ant between Earrower and LeRder or applicatsle Is�w.
<br /> 9. IaspectHon. Lender or its a�ent may make . �oaabfe entries upon and inspections of the Proparty �er ahuil-gzvc �w
<br /> Bosrower notice at the time of o:prior to an insgectian s�cifying reasonablc ruuse for the insp�tioa. •�f:;
<br /> . . 10. Cosdemaa4toa. The proceeds af aa� ae.ord or claim for :�m�nes.�iir�et or consequential. in conneai�Jrs v.�i�.�uny —_
<br /> co�iion or other taking of any pazt of tlts�.�+pem,or for conveyance in lieu of condemnation. ar:hereby as�igv�.�d a i x l
<br /> �� slrall be paid to Lendet.
<br /> -� fn cfie eveni oC a eosa!saking�f t#��Pra�.rtY.she Qm�eeds�halt be applied ta the sums securad by this Securiry Tcu;t�u..'".ent. ��R
<br /> cvhether or aot then du�. with any excess paid to Borrow�r. In the event af a partial taking of the Pro�eny in w6ir.h'J`rt fair
<br /> � . r�rarxet value of c�e Prapesty immediatefy before the rp�is equal to or greatcr than the amount of t�e sums s�a:r.:d'ay.ti�ia
<br /> Securiry Instivmant imtaed�ately Fsefeze tha takiag,ualess Borrower and Lender otherwise agree in�uxiti�g.IL'B 5{IIFIdi Sti7.rst'W�$jJ, OF•,-
<br /> }F ' this Security Irswment�shm�a �e rdnced by ttte a�auat of the prcceeds multiplied by the follan+iv�� fract'uan:..(aA,the tofal �___
<br /> �` amoant of the sums secur�°d i�rr,�d%ateiy before the talsin�r.divided by(b)the fair market value og tA,e��ar�y ir�nedi�telY - —
<br /> . hefore the takiag.Any balaccc Judl ba puid to Borrower. In the event of a partia!takic+g of tit�Etvgerty in wiuch the fair w?r_-:'�.
<br /> market value o1F t6e Froperty immadiattilig tiofcre the tatsing is letss than the amount of the sums s�a:,.^�immediately before the
<br /> ta�n�.unless BorroKer and i�ender or3t�erwi9c agree in writing or ualess applicabie law otherus:is:�.rovides.ths prooeeds shall
<br />. be a�lied to the sums secured��.cilis�er�irf i�stnment whether ar not the su�s are then due. ����
<br /> ' � If eIxe Froperty!s abandaaud►'�y.Sorsaiwer,or if,after notice by Lender to Bormwer that the candemnos•ot�xrs to make an
<br /> ' awazd or settle a ctaim fas�mnges,Burr�wer fails to r.spoaid to Lender�s+ishin 30 days after the date ths:na�se is gtve�, .,,--
<br /> Lender is outhar�ed to coll�t and applJ t��pra�csseds,at its aption,eit�er to restoration or repair of dte�roperty or to the sams �
<br /> • secnred by this 5eazrity Instnnr�nt,�Gether ot�t then due.
<br /> � Untess L�er aud Boaow.er othersWise agree ia writiag, any app3icarian of proceeds to principal shall not e�end ot �
<br /> • '• Postgoa�the due date of t�monthIy payments refermd w in�ragraphs 1 and 2 os cbange the arewuat of such ytay�.�ssts• ��'�-_
<br /> flfl.Borrower Not iteteas��Forbearnnoe By Lea�r LaIot a Waiver.Bxtension of the time for paymem ar tnadification ��..',.
<br /> . of amorti7adon of the sums seeured by this Sea�rity Instcumeat�by I.ender to any successrn in int�rest of Bozrower s'hall �`-''3'
<br /> �:'•�'`F � oot ope�ate to release the liability of tl:e original Borrower or Borrower's sacaessors in in:erest. Lender shal�not be req'�to �.;-:,
<br /> ", u cpmnaenee pzoceedings against any suc.cessot ia interat ar refase to extend time far payment or otherwise mudify amorti�iqn �-. . �
<br /> • ' af the sums secured by this S�curity Instrument by reason of any demaud made hy the originat Borrower or Boaawer's �
<br /> '.�,�,,: snccessars in insetest. Auy for��ance by I�er in exercising a�y right or remedy shall not be a waiver of os pserclude the --.
<br /> ' {.�.,.• exercise of arry righ*or remedy. �...
<br /> . . .., ,. • 12. $u�cic��and A�stgns Bonnd:Joint and SeveraD LI�iIItF Ca-sIgners. The covena�.o�and ag�'�s of this .----
<br /> � Securiry Ins�.ur,shall bind and benefit the successars and assigns.o�II.ender sir►d Eoaawer, s�:�;e.ct to tt�pr�visions of
<br /> �.: par.s,�' �i 17: ir�:cuwer's covenants and agreemems shali �:joint and several. Any Borro+nrer wtni:co-sig� ¢�us Security �•�:
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<br /> Insuument bat does not execace the Note: (a)is ca-signiir�ttrs Seauity Instrarr�n���,Y to morigaae.�za�axflvey that _..,o,�.
<br /> Borrawer's inxerest in the Froperty ur�der the teans of ttus�ECUrity Insm�a'.eni:N)is ma2 personaliy otrligate�tcs g�3;the sums �tti^^:-_
<br /> � secuced 6y this Stcurity In9trument;aad(c)ab:ees that Lender aad aay other Somower may agree w��.modjfy,fotbear or �;.
<br /> . , m�tce any accommodations with regazd to t�::�m�s of tYris Sesurity Instrument or the Note without Yt�lBotrower's oonsent. R�::
<br /> 13.l.oan Charges.If the loan sec�ued by'this Security L�suumem is snb}ect w a!aw wlucl�seis maximum loan charges.
<br /> aQ4 d�t !aw is finally interpr¢ted so that th$inter�t or other loan charges coltected or to be coilected in connectiott'with the �'£'
<br /> � loan eaceed the permitted limits.then: (a)uny such toan charge shall bs r�educed by the amount necessary w rzduce ihe chargc _
<br /> . • to ttie permitted limit: a�ad(b)any sums already vollected&om Bormtiver,which exceeded gemuued limits will 6e refunded to
<br /> � • Bprrower. Lender may choose to maYe this refund by redacing the p?�x�sipal owed ar�der t4�e Note or by �ng a direct.� �_�
<br /> payrneu� to Sa�ower. If a refund redaces principai. the reduction will be treated as a partial P�epaYment arithout aay •_---
<br /> � Pr.�se',��ent c�at$e under the Note. : • .
<br /> � � Y4.NoYix.v.Any notice to Borrawer provided for t,�u�;ir�SecurIty Instnu�ienz���#'�t'i�e given by delivering 17.Wr�y mailing _
<br /> ° , it by first class neait antess appIicable law requires use of�anuther method.Tfta notice shsll bc dirt�cte�l to the Pcoperty Address � _ -
<br /> or any other addtess Boaower designates tr;��cwdce to l.ender. Any natice to L.endet sha11 be�en by first class tnail to
<br /> i.et�der's�ss stated herein or any otlier a.�;�r�I.ender desigt�tes by noticc to Borrower. 1A*rb:rsotice provtded for in this : ,• ��
<br /> . , _= —
<br /> � 5ecurity Iasuument sha13 be deemed to have been given to Borrowcr or Lendcr when�:�en es p�vided in this paragraph. -;,., --_
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<br /> � • 15.Govetning I.aw; Stverability. This Security Insnument shall be gov�.m�9 by federal law and the !aw of the . ''';,;,•.;,t�
<br /> • juri'sdiciion in which the Pcoperty is located.In the event that any provision or clause of this Security lnsm�ment or the Note : ,�••: � "'°"`"
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<br /> - conflicts witts��'scabte law,such conflict shall nut affect other provisions of this Sec�riry Instnt.:�:�t or the Note which can ti9 :: � �:
<br />� '. � given effect w:u}ri�:t the wnflictin�provision. To this end the provistons of this 5ecurity Insttutnent attd the Note are declarefs:� • �;;.
<br /> td 6e severab�e, � � y.�:
<br /> „ T(E Sorr�;�er's Copy.Br�rower shall be given o�ca�formed copy of the Note t►�;of this Security 1ns��'s• �n�:
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