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<br /> E�ymcnt�m,+y iw► long�i be r.quirecl.at the optinn�f leixier. if mortg�c it�tiu�a�xe cc�vrr:�e lin the anwunt aixl ti,r the�riocl
<br /> that ixixier reyuires)prcni�al hy :yi i�uurcr ap�ro�•ul hp l.c�xier ugain bec��mes•r�•ail•rbk aixl i�ohtain.�f. Fi��rr��wer shall pay
<br /> the premiums rcyuiav i��uu��«air� ,�,or:gase in:arsr`=�+r.r�'f�vt.�x t.i pruvi�k a luss rescne,until ihe r�yuirc�ixnt for nwrtL;tsc
<br /> i�uur.uke cixl,in acconlance with any wriuen ugreenxnt t+e�wccn liorruwcr;uxl l.erxltr ur:►ppli�ahle law�.
<br /> 9. lusperticut. L.e�xler or its aEent nuy nu�e r.•.tuutiable enUiea upun:uu1 in�{xYticros of tl�e Prupeny. l.eiul:r at�ll gice
<br /> &umu•er ixuicr«t th�:tink of cu prior to:+n ituy�ection sperifying ra�.onable c3u�e fu�the impection•
<br /> l0. Condemn�Non. Tl�e Qrc�ceed� af any aw•arJ�r claim for Jan�ge�, dir�ct or cun�cyuential. in ruuixction with any.
<br /> cuixlen�natii�n a: �xher tzkin�: uf any part of ttu.Property�. or ti�r cunrryuik� in lieu��f c��ndemnatiun, ;�re i�reby a.cig�u�i;uid
<br /> st�ll bc�aid to Lcndcr.
<br /> lu the evcnt of a tntal ta�:in�of the Property.thc pr�kec:ci..hal{ tk.applic�i tu the sumti sc.uecd hy this Security lnstniment,
<br /> w•hether or not then due,�vith;my cYCe�s paid to B�rrowcr. In thc cvcnt of a partial takinF c.i thc Propeny in a•hich thc fair
<br /> n�arket value of tlu Property inuneciiately befum thc t�king is eyu�l to or greater tlwn the anu�unt of the swnv se�urcd by this
<br /> Securiry liutrument immediately before the tal:ing, unless Be�rrower atul Le�xier otherwise agree in w•riting, the sun�.�s..cured by
<br /> this Securiry inctrument shall be reduced by the aniount oi' the pruceeds multiplied by the fi�llowing fraction� (a1 the total
<br /> amr+unt of the�unu�ecurrd inuncdiatcly bcfore the taking, divided by (bl thc f•ri:market value of t:�z Property inunediately
<br /> before the taking. An� balance sh:i11 be paid to Borrower. In the event of a parti:il tuling af thc Property in which the fuir
<br /> mzrkc►value of the Propcny inm�.diately before the taking is less than the amount ��f the sunu secured immediatelY before the
<br /> taking, unless Burn:wer a�xi Lender otherwise agree in writing ar unless applicable law otherwise pro��ides. the procceds shall
<br /> �;::y-�1;�ta th�snms ��+�!±��hy�his Security Lntcument whether or not the swns are then due.
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<br /> If the Property is abandoned bY Bc�rrower,or if,uft�r nc�tice toy Lender to Dorro�►��r that the m:xsemnor uiie�a io�iw„��.-s
<br /> aWard c*c settle a daim far dyua�es, �orro�ver fails to rea�►���i ta Lendcr within 3Q �:.a�>after the date the notice is given,
<br /> Len3er ic authorizal to collect an:1 apply the proceeds,at its c�pxion. either to restoration cv rcpair of the Property or to the sums
<br /> secund by thls Sect�rity inctrument,whether or n�t then due.
<br /> Unless Lender �u►d Bonowec otherwis: agree in wsiting, any appl�cation of proceeds co princip�l almli not e�:.:.nd or
<br /> postpnne the due date of th:.r►�thly payments rzferred to in paragraphs 1 and 2 or change the amount of such paymenu.
<br /> 11.Barro��er Not Released; Forbearance By Leader Nat a Naiver. Extension c�f the cinx for payme;►t or modif►cation
<br /> of amortization of the sums secured by this Security Instrument granted by Lender to arry successor in:nterest of Borrower shall
<br /> not operate to releace the liability of the original Bottower or Borrower's successors in interest. Lender shal!noi be required co
<br /> commence proceedinES a8ains�u�Y s�c�u°r in interest or refuse to extend time for payment or otherwise modifY amorazaiion
<br /> of thc sums secured by this Security liutrument by reason uf any demand m�de by the original Borrower or Borrower's
<br /> successors in inierest. Any fotfiearance by Lender in exercisic►S su►y right or remedy shall not be a waiver of ar pru;lucle the
<br /> ezercise of any right or remed��.
<br /> 12. Suocessors and �as Bou�d; Jdnt �nd Several Liability; Co-sisners. The covenants and agreements of th;s
<br /> Serurity instn►meni shal� bind and benefit the successors and assigns of Lxnder and Bonower, sub,ject to the provisions of
<br /> pacagraph 17. Borrov�'er's co�•enants and agreements shall be joint and several. Any Borrower who co-signs this Security
<br /> Inst�ument but does not execute the Notc: (a)is co-signing this Security Instrument ontY co mortBaSe�8rant and���y�i
<br /> Borrower's interat in the Property under the temis of this Security Instrument;(b)is�ao�t personally obligated to pay the sums
<br /> securod by this Seeurity inctrument;und(c)agtecs tt�at Lender and anY other Borrower tnay agree to extend.modify,forbear or
<br /> make any xcommodatiaLC with regaicl to tf�e terms oi ini��a:u�iiy i�s2��;r�.-�i ar�.'z:ue�.°;�}�ti��se*ha� p�rmwPr'c consmt. _ .
<br /> 13.I.oan Charges.If the loan secured by this Security Instrument is subject to a law which sets ma�cimum toan ciuu'ges.
<br /> aad tt►�t law is finally interpreted so chat the interest or other loan charges collected or to be collecced in connection with the
<br /> loan e�cead the permitted limiu. then: (a)any such loan charge shall be reduced hy the amount nacessary to reduce the charge
<br /> to the permitced�imit:and (b)az►Y sums alreadY �°��ected from Borrower which ezceeded perntitYed liptits will be refunded to
<br /> Borrower. Leixier may choose to make this refund by reducing the prineipal owed under the Note or by maYing a direct
<br /> p+yment to Borrou•er. If a refund reduces principal, the reduction will be treated ac a partial prepayment without any
<br /> prepa�ment d�arge under the l�ot�z.
<br /> 14.Notiees.Any notice co Borrower provided for in this Seeurity Instrument sh�fll be given by delivering it or by mailing
<br /> it by t'irst class m�i1 unless apPf;.:able law requires use of anotfur method. 'fhe notice shall be directed ta the Property Address
<br /> a aty� cth:,r ;;d3re,s Bo**a�u ��gnarec hy mtice to Lender. Any notice to Lender shall be given by first cius mail to
<br /> LendGr'�address stated herein or any other address Lender designates bg notice to$orrower. Any noticc p:ovided for in wis
<br /> Security Insuument st�ll be deemed to have been given to Borrower or Ti,ender when given as provided in this paragraph•
<br /> 15.Goverdng Law; Severabtl+ty. This Security ica.w�ument st�all be governed by federal I�w and the law of the
<br /> jurisdiction in which che Propetty is located. in the event that any provision or clause of this Security lnstrument or the Note
<br /> conflicts with applirable law,wch conflict shall not affect other provisions of this Security Inswmislt or the Note whieh ran be
<br /> givm effact without the confliMing provision.To this end the provis;oes of this Socurity Instnuner.t and the Note are declared
<br /> W be severstble. � of�Note and of this Security It�strum�nt.
<br /> 16,Burrower s Capy.Borrower shal{be given one c;onfom►ed copy
<br /> P«m 3o2s 8190
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