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<br /> 1'+Yment�may m lo�age�bn rcquirod. at the option of Lendu,ii wortgagc insuranca covaage(in thc amow�t and(or thc�wiod
<br /> dut l.encia roqulreu?Pmvidod by�n inwrer aparoved by L,endt�•uguLi tx�:acues availabl:.and'u obtsicsed.Bcsrrawer shall pay the -
<br /> pnxr�lun►s roqutrod a mrir►uin morcgaga insursxnce in offec�,ru� u► p�uride a l.z:s roser�+e, until t!►a c�quk:.n-�uit far mtutg�c
<br /> �awronce etuL ia�co�d,utice wi3h�y writtFn agreunent hunvoex�Boirower�I.erwier or applicabk l�w.
<br /> �➢.Iuapectbd. L.ender ot it►a�etu may m�lce reaswzable ennie.e u�n anii iru,pxt�ons of the Yropttty.l,endrr sh:�ll�ive
<br /> BoRUwa notice st the tiwoe�f or priar to an iaspection speeidying rrauonnble c�se for the inspection.
<br />: � !0.Coec4�eslfoe. Ihe Fraceeds of w►Y award cu claim fcu darnages. direet or consequendal. in connection with �r�y
<br /> � casdemnation or otl�.er ulcin� o[in�• pa�t of the Prapzrty. ar far cwnv�yan.z i�.ti:�of condanaasion. ue iiaeby assigcxv��ttid
<br /> sball be paicf a Lender.
<br /> :, In ttLC evwt of a tuwi t�kin�of the Prop�rty,the pmcecds stu�l{{fae appli�l w c.'�c sums sccurer!by ttds Securi�y Insttument,
<br /> wheiher or noi stun due,with any aerss paid to Borrower.In the ev�;nt of a�rti�l taking af the Pcoperty in which du fair marica
<br /> v�tuc af the PcopestY inunedistely bafora the taking is equaf�o or gre.uer�han ch:amount of the sums ucured by this Saurity
<br /> Iasrru�nent imnuEiauly before the tKing, unless Borrow�r and Lender ail�erwisr agree in writing, the sums sxwed by this
<br /> Securiry Instrumeat shall be reduced by the amonat of the procezds mulriplied by th:following fracdon:(a)t1�e total amounc of
<br /> the sums securod 'uacnediaidY before the t�king,divide8 bY(b) tho fair marL-et valu:of the Proputy immediatcly before Ne
<br /> takin�,pny ba{ance s2�U be paid ta Borrawa.In the e�ent o[a parrial�aking of the Pmperty in which the foi*market value of the
<br /> 5 proptrty irr�nodiudy before tlu tnking is kss t}�n the amount of the sums s�cura9 immediateiy betore the taking. unless
<br />..-i Bocrowu at�d l.eadet othawise�groe in writiag or unless applirable law otherwisa pro��ies,the procoeds ct�ll be�pplied In the
<br />- suaos sec�rad by tbis Saw'ity Instrutn�ent whdh=r or not the sums�re then due.
<br />- If tha Propaty is �bonduned by Borrowu, or if�afur noace by Lender to SorraweJ that the coadraanor offers co mak� an
<br /> , a��ard or seple a clai�n!or dArnages.Bocrowa fais w respoad co I.ea3u within 30 daps afw the date[he nauce ic givea�Leadu
<br />�; is authorizod W collact usd tpply the procoeds, at its option,either ta nstorau�n or repaic of the Proputy or to the sums secured
<br />_ by tlsis Security ltistrume��whether or not tAen due.
<br />_� Uakss l.ea�der snd Bortower cuherwise aQree in writing,anY aPP���Pro�ads to principal shall not eactead or poupone
<br />-', the due d�te of tbe monthlY PeYi►�ts refetrEE w in paragrapfis i auti 2 or ciw�g4�ha a,�wui of;u:.h pay:acr.s.
<br />- ,� 11.Borrow�er Not Rekased;Forbearanoe By L,eader Not a Wsi�a. fixtrnsion of the time for p�yment or mo�dificatim
<br /> - of amordz�uion of the wms sxurod by this Securiry Insaument grant�by l,eiukr co any suxcssar in intuest of Borrowa sts�ll
<br /> uot operate to rek,ase tLe liahility of the wi�lnal Bomower or Borrowar's snc�essors in iatesest.I,endrs chall not be required to
<br />-� coana�tnce proceodia�a�gainst aAy successnr in intaest oz refuse to ex�nd time for gayuwt or orturwise modify amortiutioa of
<br /> Ufo sums secured by thi�Socurity Insrrutuent by reason of any demas►d made by the original Bormwa or Bo�rower's s�ccessors
<br />`_� in int�aest.My forbar�sca by l.endtr ia exercisin�any right or remedg shall aot be a A�ai��er nf or Dreclude the exercise of aay
<br /> rirtu or remedy.
<br />_ . 12.Suoas�ors sad Accigns Bound.Jolat aad Several Liabitity; Casi,enen. The covenants and a�rarnenu of this
<br /> Security Iasuument sl�all bind and benefii tbe wccessors and �ssigns of �Lenda and BcxroRw. sub.jxc to the pmvisions of
<br />=• p�a�rapo l7. Botrower's ccweaants md �reemeats shall be joiat aad several. Any Bomo�a who co-sigac this Securiry
<br />' Instrumeat but does not execute the Nok: (� u casiBniaB this Security Insmunrat oaly W murtgage,grant aod coavey tb�t
<br />-° Bamwa's inure,st iA the A+opaty uader tbe eams of this SecuritY Insnumeat;(b)is aot perscxsallY o�8��1�Y the sums
<br /> sectual by tbis Sxurity Insti'u�aeat: aad(c)n�ees th�i I.ender aad any othr.r Bortnwer way aigroe W e�tend,modify,forbear or
<br />-- 1t1aIGC�my acoo�oda�oRS wiui re�ad io wo iams oi iuis�i;w�y;,.�.�,...�:...;.�.'::,.;.�..:.;.;»:�B�.:'��L
<br /> 13.l,oaa Chsr�ti. 1f the b�a secuted by this Socurity Inssnuamt is subjxt to�law whicL sets ma�timnm loat�ch�rges.
<br /> �nd thu law is fiaally iawpceud m thu the iatarst or ottsa loaa charges colkcta3 a�to be co73rz�¢td ia connectioo witb dse losa
<br /> e�cceed the permitted liouts,thea:(a)any sucb lo�n charge idall be reduced b}the amouat neoessary to nd�ce the charge to the
<br />.a pe�aittod limifi�ad(b)wy sums a1ce.�dy collectod from Baaower whicd excx,�led pe:mitted limits will be nrSunded w Baroaer.
<br />,� Leada may chooae w m�ke this refuad by:+oduciag d�e piiaci�al owed urula me rloce oi by maicin� a dirxt paymau eo
<br /> Borrowa. If a refuad rednces priacipal.t2n soduction will be aeitod as a Para�l Pc'eyay�t witl�out anY P�Y��B�
<br /> unda tLe 1Vote.
<br /> 14.Notias. Any notice w Borrower ptovided far ia this Soauity Tr ,R,n,t shall be giva Dy de3ivering it or by mtiliag it
<br /> - bv Sra c3�m�i1 unless apQliciYie Lw requires use of arso�her mahod.'Ibe t�odct shaU be dire�ted tn the Propaty Address or
<br /> _ �uy other address Bo:rower designates by nodca to Lender.My aotice to I�n�ler s2sa11 be givcs�by first c�st masl to t,eadsr's
<br />_ �ddross statod herein or aoy othe�atldress l.es�der design�tes by aotice to Borrowa. Any nooce pmvido¢i for ia this Securiry
<br /> Ia�nuneat st�aU be dea»ed co t�ve baa�ivm to Borrowa a L,ender when given as provi�icd in this paragra�L-
<br />— 15.Gotier��LaM.Seversbi4ty. T�is SecuritY I�umeat shall be govemed by fa�ll taw �ad t}u law of the
<br />= jurisdictioo ia which the Prapaty is loc�ted. In the eveat thu aay p�ovision or ctause of t�is Sauriry in�n�..�^�or tbe Nooe
<br /> — 000flicts with applicable laM.cuc6 cunflict shall uot affect othet provitions of this Security Iasaument ar We l�:ate whieh can be
<br />- givea effect�vi�out the conflicang provisiea To tbis wd�be provisioas of this Security Instrumant�nd th�Itacs are declued to
<br /> — be sevesabk.
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