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<br /> paymenl�nw) no 1iy�Ber tx rxlui���.1,ut ih..aption u(l.ettdcr,if mc�►tgage in.urs��xe ct�vcr.�gc(in thc unwunt uixl for tlto{wrl��l _
<br /> tfut Lcnder rcquiresl pruvi3cvl hy an in.curer wpproti�cxt b)� i.e�xler again bccomc�availablc�url is ohtait�ad. Borro��•cr tiliull �wy
<br /> li�e p►ui�iuns requir:,�ta ntvntain�m�rtgape iasuranc:in cfP�Yt,or to proviJe u tuss rzserve, untii tt-.e rcauircnxnt li►r morlbagc _
<br /> inwr�xr eixl�in:u•iYml;uue with any wriucn ubrcement beta•cen E�rrnwe�aix!l.c�xlcr or upplic:ible law.
<br /> 9. IucpecK{ou.Le�xlec or its alent m•r�•n�a{;e rw�+,n�t+le entries u�n•rnd incpectii��u uf the Propeny. Leixler.hall�i�•e
<br /> t3�rrow•cr�xuice at the time of.sr priae to an inr�,:.iion specifyin:re�sorut►IL cwse for Ihe ia�pa:tii�n.
<br /> 10. Cwui�:uu►�tlon.r►� �r��� �►r�y Aw'+►r�or claim for Jam:�es, di�µt or conseyurntial, in connecl�on with smy
<br /> cc�nder�utztion ar othcr taf:in��f any part ui'ti►e Pru��eny,or for��m�eya�xe in lieu of cotxlenuutiuu,:u��her�by:���ignod atsd
<br /> slu�ll he paid to Le�xier.
<br /> In the cvent of a tatal taking of the Propeny,th.pmcoai.c shall be aPP�ia1 ta t��e sums sccurcd by thi�Scxurity li�.s�►v���nt.
<br /> wf►elher or nol thca duc. with any exce.�.c paid to Borrow•er, In thc cvcut uf a partial tal;ing of the Property in which thc fair
<br /> markei ealuc of the Propeny emn�ecliutely before the talcing ic equ:►1 to or greater than the anu�unt of the sums uxurrxi by this
<br /> Securiry instrun�ent in�iatefy befom the taking.unless Banower�ui I.cnder othcrwise agrec in writing, the�ums uxured by
<br /> this Sccurity laurun�ent �hall be roducad by thc amount af the proceods multiplied by the following frnedon: (�1 the cotal
<br /> amcwnt of thc sunu sccured imn�ediately before the tnking, divided by (b) the fair murket value of'the Prope►ty fm��odiately
<br /> before!►� taking• Any bal�r►cc shall be psid to Borrower. lu the event of a partiul tuking of the Property in which the fair
<br /> market value of the Prope�ty imnudiately l�efore the taking is Icss ti�an dio amount of th�sums secured immedtately before the
<br /> taking, unlesa Barrower and L.ender otherwise agree in writing or unless uppNcablc law otharwise provides. che proceeds shall
<br /> be xpplied to the sums sccured by this Security Instrument whather or noi the sums are ttun due. � _^_
<br /> IE the Properey is abandoned by Borrower, or if.after notice by�Iknder to Borrower that the caruie�ww�u�.�K�.:�:: ���••��•
<br /> zu�ard or setcl��r.claim for dannges. Boce+auea f�ils to respond ta Lendc� within 30 days after the date ttu.ea�t��e is given.
<br /> f„ei�,ier is suttt�uit�l to�allecc and app[y cfi�p:v��ds,at iU option.eather to restoration or repair of the Pcope:n�cx w the c��mc
<br /> sdcured by this Seeurity inscrurcneae.whetfr�r a*not thzn clue.
<br /> Unless L.ender and Borrower uti�rw�se agr�. in writing. any upplication of procec�i� to�ri:icipal shaU not exteix! or
<br /> postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of wch paymenu.
<br /> 11.Borrower Not Rdeased: Forb�arunce By Lender TIot a 1VAiver. Extensian of the tim� f.�r payment or modification
<br /> af utwrtization of the sums secured by this Secutity Instrument granted by Lender to any successor io interest of Borrower s1�11
<br /> not aperrte to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be requirod to
<br /> eomcncnee proceedings s�ait�ct any successor in interest or refuse to exter�d time for payment or otherwise modify anwrtization
<br /> ' af the sums secured by this Security Instrument by reason of any dem�r►d m�de by the original Bo�rower or Boaower's
<br /> successors in intereu. Any forrbeuuance by Lender in exercising any right or remedy shall not be a waiver of or pteclude the
<br /> �xercise of any right or remedy.
<br /> 12. Sucoesco�and As.�ns Bouad:Joini Qad Seveml Liability; Co-signei"s. '17tie covenanu and aEreemenu of this
<br /> Socurity Irutrument shall bin3 and benefit th.^. successfl�a�u1 assigns of Lender and Bonower, subject ta the provisions of
<br /> paragraph 17. Borrower's co��eaants and agrcernents sha11 be Joint and several. Any Borrower who co-ygru this Security
<br /> Instrument but dces not execute the Note: (:.1 is co-signing this Security Instru�r�ent only to morte�,ge,grant and convey that
<br /> � Borrower's interest in ttu Propa�cy unda tt�e temu of this Securiry Instrument;(b)is aot persoc�:p obligaud to pay the surtLs
<br /> securod by this Security Instrument:and(c�agrees that Lendcr and any otl�er Bonower may agrcx to extend.modify.fori�ear or
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<br /> 13.I.w�o Charges.If the loan secured by this Security instnunent is subjoct to a law which sets maximum loan charges.
<br /> and tiwt law is finally interpreted so that the interest or other loan charges colluted or to be cvtlected in connaction with the
<br /> lo�n exooed the�nittod limiu,then: (a)any such laan charge shall be reduced by the anwu:.t�ecessary to reduce the charge
<br /> . to the pemtittod limit: and(b?any suciu already colle�ed from Bottower which excee�ed pera�itted limits will be refunded to
<br /> Borrower, Lender may choase to ma3ce this refund b� reducing the principal oxed under t1�e �lote or by making a direct
<br /> paycr�ent to Borrower. (f a refund reduoes priucipa�, Use reduction will be tre�ted as a partial prepayment without any
<br /> prepaYment charge under the Note.
<br /> 14.Notkts. Any notice to Borrower provided for in this Securits•Instrun�er►t shall be g:�-ea�y d�elivering it or by mailit�
<br /> it by first elass mail unlas applicable!aw cequires use of anocher mettwd. The rwtice shall be directod W the Property Address
<br /> or sny other address Bomowtr dPs�gnatGC by notice to Lender. Any notice to Lender shall be given by first clus mail to
<br /> Lender's addras st+tod herein ot any other address L,er�der desig� by notice:n Borrower. Any notice providsd for in this
<br /> Security Inswment shall be deemed to have beeo given to Borrower or Lender wt�en given as ptovidod in this paragt�ph.
<br /> 15.Gova�nfuQ Iaw; Severability. This Security Inctrumene �isall be governed by foderal law �nd the law of the
<br /> jurisdiction in which the Property is located. In the event that any provision or clause of this Security Insuument or the Note
<br /> ' confliets with�pplitable law, such oonfliet shall not affeet other provisions of tluc S�triry Icutiunn�u or the N:ote which cat�be
<br /> �iven effect without the contlicting provision. To this end the provisions of ttus Se�rity I�trument and the Noce are decl�red
<br /> to be uverable.
<br /> 16�gon+uwer'c Copy,Borrower sh�ll be�iven one conforn�ed copy of the Note and af this Securiry instrument.
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