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<br /> , rt tho ��ptlon of I.ender, it r��ort�zga iczswsnce covan�e (in the ■me�unt uid for thc pericxl that l��u]er cbqutrrs) _
<br /> provid�xl by an insui�or ap�ravod by[.�ender a�sin Uecoma�vail�blo and ie obuinod.13orrower shril psy the pramiums —
<br /> coquirwcl to mdnuin r�sarts��o inaurknca in oltect,or ta pra�idc � lc�ea r.�eervo,u�til the roquirement[or mort���e �
<br /> in�,ur�acn csi3:in axardancc with anp wtitten a�reement bctwxn Borrawer and Lender or applic�blo I�w. �_
<br /> 9.iaspactiaa.l.enda or ita s�e�it m�y:r►alce reu�onablo entriea upcn and i nspoctions ot the Property.l.ecular rt�alt �
<br /> �iva Borraa er notice at cho tin�o ot or prioc to aa in�ctinn�ec�iyin�r'eas�na b la caure!or t h e ine p e ction �
<br /> 10. Caudemnagton.Tha Qroceeds af�nY�w�rd or ctaim for danssres,d�rect or consequcs�dal,in cunnection with
<br /> u�y canaemnation or okiur Eakin�of any part�t the Droperty,or for oonveyusco in liau a!condemnatioa.+ro h�'�by
<br /> a�si�ned uid c}ull bo paid to l.encicr. �� �i�����tha sums eecuced by this Security
<br /> in tho�vent ot a Wtal t�king ot the Property,the peoca�acls -
<br /> Irstrument.whether or not then dvo,with any exces�paid to Boccower.In tho event ot a partial ukin�ot tho PropertY in
<br /> which the fair m�rkot value ot the PropeMy immodi�tcly betoro the takin�ie oqud to or gratar than the amount ot tha �
<br /> sums sacwed by this Security Iastrument immedlately be�oro the ukin�.unless Borrower uxl Lender othetwioo agrx -
<br /> in wridn�,the suma socw�+d by thia Security Instrumeat shi116o reducxd by th��rnount of the pcoceoda multipliod by
<br /> the folloain�traction:(�I�����a�t of tho sums securod immodiately betoro the takinY,d.ivided b;+ (b?�e iiir
<br /> muket v�lue ot the PropGrty imrnodiatcly beforo th�ukinE. Any bdanc�s1u11 be P+ud to Bo*t°wa.In tAe�vent of a
<br /> putid takin�ot the Property in which the f�ir mark�t value ot the Property immadi�tcly before the taldn�is lesa thm
<br /> the amnuat a!tha sums sacurod immadiataiy bofoco the t�kin,Q�unless Bon'°Wa u�d Laider atherwiae��roe in writinr
<br /> or wiless applicable law otherwiae provides. the proceeds s}►all be applied to the sums socurod by ttus Sxurity -
<br /> Instrumsnt whether ar nat the surns are than due.
<br /> If tho Property is abandoned by�rrower.or it.after notice by I.ender to Bori'ower that tAe condernnor ofiers u►
<br /> m�ke�awud ar settle a cldm tor dama�es, Borrower tula to respond to Lender within 30 days after th�cLte th� _
<br /> notia is�iva�Ler�der is authorizad to collect aad apply the proceeds.at its option.dthet to restontion or reps�ir af the
<br /> i;�j,a.-tg�;ta t2sa�:m�c�:ured by ttus 3ectuity instrument,wl�ther ar not the�due. _
<br /> Ualess Lender and Borroaer otherwise a�roe ia writing.snY application of proceede to principd sh�ll rwt extaid or
<br /> P�P�ne tho dua date oi the monthlY P�Yments reterred to in pua�nPt� l ufd 2 or chas�e the atnouAt of such
<br /> pymente.
<br /> 1 y. Horrowcr Nnt Itelessed; Forboaranco By Lender Not a Waiver.Estension of the time or psymea or
<br /> moditic�tion oi amortization of the sun►s secwal by this Security lnstrumctit enatod by Lender to any suoa�r ia
<br /> interest of Borrower stull not opa�ate to releiae the liabitity of the original Borrower or Borruwa''s suoc��'B ip
<br /> intcrest.Lender shall not be required to oomma�ce pcocoedin�s agsiast aay s�or in iata�est or rr.fuso to�tr,ad
<br /> time for payment or otheraise modify amortiution o!the sums secured by thie Security Instsument by reason o!mY
<br /> demuid made by the ori�ins]Borrower or Borrowa's succ�ssore ia iateres� Aay forbeuuice by Lender in exercis.t�
<br /> s�ny ri�,ht or remedy shs11 not be a waiver of or proclude the oxercise ot any right or remedy.
<br /> �2,gyccessora sad Asai�Bound;Joint md Sevenl Liabili4p�CO�l��Cf9.Tha covea�nts aad��c�m��
<br /> oi thia Secwity Instrument ehall bind and be�t ttse suocessore�ad assi�as oi I,ender �ad Borrower. subject to the
<br /> provieions ot Para�raPb 17.Borrowes's oovenaats and ap^oenneats slwll be joint ind several.Any Borrower wbo oo�siens
<br /> thia SecuritY Instrumeat but daes s�at e:xute the Nota (�) is co-sigain�thia Secwity Ia4Wmeat ozily to inoK�ae.
<br /> QiiTli a11a �vft"roj u�L�w^'���'E:«�t in rt,n Froperty ua�da the terms of this Security InsWmeat; (b) �a not
<br /> pe�aally obligated to pay th� sums exurod b�thia Saaurity Ingtrument;and (�3��� t�t LEa6er aad any ou�er
<br /> Borrowa may a�roe to eztead�modifp,forbear or mako any accommodations with reYas�d to the terms af tbis Secwity
<br /> Iastrument or the Note without�t Bacrower's coasea�
<br /> �3.i,aa Char�es, Tt tt�e lota socurod by this Security InstrumeAt ia subject ta� laa whic�sets maximum lo�aa
<br /> char�ea, aad that Isx is fivally interpretod eo ttut the interest or other lasn charQes co]Iacted or to be collocted in
<br /> �tion w�th�the 2oa�e=r,eod the penaitted limits.thea: (a)aaY such]wa char�e st�Jl be redviced by the unouat
<br /> aoce�ary to reduce t1�c cLarge to the pamitted timitc wd (b) aaY sums already oollxted from Borrower w�tuc�
<br /> eiceeded pa'anitted limits wili be refuaded to Borrowa. I.rsider msy cbooso to make thia refund by reduciaY the
<br /> � princip�l orod uaRkr the Nox or bq en�lcing a dirxt paYment to Bornower.I!a retuad reduoes principal,the raduction
<br /> Wi11 be treated�s a partial prePaYmeat witbout aay prepaYment chv�e uada'the Nou.
<br /> 14.Notices.Any notix to Bosrowa'Provided for in this SecuritY Inscs�ment shtll be given by deliverin�it a'by
<br /> - ;z�;�:�d it�;t�,�ct.ra�nul iuileBe spdicablo law requires use oi asother method.The notia shall be directed to the
<br /> property Addrees or aay otha address Bosrower desipsaus by aotix to i.ataer.i�►ny noucz iu i.exu�`r�:;1�:.�r�b;
<br /> first cl�ss msil to I,usder's addsess stated hereiA or anq other addre:�s Leada deBi�nates by aotice to Bortowa.My
<br /> noticx pro��idod for in ttus Security Iu�tutneat shell be doemod w have txen�van to Borrower or I.ender whea pvea
<br /> �a pcovided ia this ptragraph.
<br /> 1 S. Governia=Law;Sever�bility.This Secwity Instrument sh�ll be governod by[edersl law and the law ot the
<br /> - juriadiction in which the Ptoperty is located.In the event that any provision or clauee of this SecwitY Iasstrumeut or ttse
<br /> - Note conflicta with�appiicable law,such wnflict shall not dfect other provisione of thia Security Instrumeat or the Note
<br /> wlsich csa be givw effoct without the ooaflictin�provision.To ttis end the provisions of this Secuiity Insttumeat sad
<br /> the Nota ue declared to�e sevuabia
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