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<br /> F'a)nro�ts nusy na I�W�ycr t+� rcyuircJ,uc thc�•��i���►uf l.c�ukr, �F nx�rt�;a�r in�ura�u-c cu���,y;�ii�th: �n:��:u s!vi f.,r�ixu►k►iu3 `
<br /> ttut l.cnder rcyuire.l pruviifal by�+�irLwrcr:a��+1Mr�i�i c(uct�ur tY�Pru��e,a luas r�',ervr�u t 1�ymquir�unt fur��w�+Fe
<br /> thc prcn�lunt�reyuire�i�����w1��::.���nu:r�ia.e .+r_rr =
<br /> ituurssticec�ds it�wtianl.u�.:c with uny v�•riucn�rrea�cnt t�etw��ei�Ii�ur�►wcr;uxl l.cixtcr ur u{+phcable iaw�. _
<br /> 9.luspectl�u. l.��xier i�r its uFent n�ay uw{.c r►:►.u�n:+bic ci�trie�u{w�u wr1 i��.��.ii��ns of thc Pn+�ert��.Lc►xlcr.Iwll gi��c -
<br /> g;��n*�rr naulr..at t�e tin�uP u�priur to an ins��ec�tHU►�cxify in��.:►wnabtt cau.r far Ux in�pectinn_ _
<br /> iQ.(.'oodenwsttloa. Thr p�•oceui�o� :uq� ua•ard ar daim iui wir'�gc:, 4ir;•t t:r c��nK�c;ucntial. in �wnne.•tion w•ith�ny -
<br /> rn�xle��uutiun ur�xher tal:inr uf:+ny p:irt nE'thc E'regeny.or far cunvcy�c in I�cu ui��undc�nnath�n.:u� herch} assicnc^d atul
<br /> ylwll ix paid t��l.c�tdtr. -
<br /> I��U�c e�ent of�toGZl tal:ing of che Praperty.the prcxccda stwll ts�applied to the�um��ur�v!b}this Scc:urity a�truntenc.
<br /> whether or noe then due, with any excess paid to Borrow•er. In the eve�u of a p:utial tak�ng �f the Prop�:rry in which the fair
<br /> n�rl•et v�lue of the Prope►ty inunaiiately beforc the tal:ing is cqua� to or g�ratcr than t!u anuwnt of the sums secured by thi.r -
<br /> Srxurity lnstrucnent inut�ediately before ttie taking, unless Borrowei and l.e�r��^'''ise agree in vvritins. the sums secured by
<br /> this Security Inc.r�:ment shal� b�reduced by the tu►wunt of the proeeeds mu�uP��a1 t`Y �he fullo�ving fractian: (u) the total
<br /> amount of the sumc secured inutudiately before the ta3cing, divided by l�l � fair market valuc ai the �P�nwfi c�� fair
<br /> bcfosti: che wi:inS• AnY balancc �� be P�d to Borrewer. In the event of p partial tal•ing of the Property
<br /> market value of the Propeny immediately before the tal:ing is Icss th�n the amount of the sums secarod imn�iatcly befom the
<br /> tnkin�;.unless 13orrou�er and I.�ender otherv�'ise agree in writing ur unless applicable law cxherv�ise prcvides,ehe proceeds shall
<br /> be appli�d to the sums sec�red by this Sauriry InstNment whether or not the sucns ac'e then due.
<br /> if the Property is abandoned bY Bortawer,ar if,after notice by Lender to Borrower that the condenuwr offers to make�n
<br /> award or settle a claim for dvnages. Borrawer fails to respond to Lender within 30 days after the date the notice is given,
<br /> Lender is authorized to coUect and app�y the proceeds,ai iu option,either to restoration or repair�f the Property or to d�e sums
<br /> secured bv�s�rity Instrument,w'hether or not then due. licstien of nrciceeds to Qrincipal shall rat extend or
<br /> UNess I.e�det and Borrower atherwise agree iu w��.:�g. w'�3 c 1 and 2 or change the amount of such payments.
<br /> postpon�,the due date uf the monthly p�yments refemed to in paragraPh.
<br /> 11. Borrower Not Releas�d;F°r6ea+�'�By�°�r N°t a�Vaner.Extension of the time for paymecic or modification
<br /> of amoni�rtion of the sums securod by this 5ecutiry instrument gran.ed by Lender to ar►Y successor in interesc�.i Borrowet shall
<br /> not operate to release che�iability of the original Borrowxr or Borcower's succe.ssors in interest.Lender shall not be requir�d to
<br /> �mnxnce pracee�ings against any sucassor in interest or refuse to extet�d time for payment or otherwise modify amort'zat�on
<br /> of tt3e sumc secured by this Security Instn�ment by reacon of any demand made b�i�i�,��of orrprocludeethe
<br /> �n i� interest, pny forbearance by I.ender in exercising any right or remedy
<br /> exercise of any riaht or remedY• �. � a�e.�nts and agreeanenis of this
<br /> 1Z. Succe�ors aad�ss��� B��Joiat Aud Several Liability; Co-siB
<br /> Securiry lnctrument shall bind and benc�t the successors and assiSns of Leader and Borrouer. wbject to the provisiocLS of
<br /> Pu',BTaP'h 17. Borrower's rnvenants and agteements shall be jaint and several. Any B000�rt WhO �g� con ey that
<br /> Insi;�ument but does not execute the,N'otet�(at i�co-f�thu�S�urity�Incuutnent:�(b n s notyPerson�l Y obl'8azed to pay the sumc
<br /> - ]30TlOA''Cf S ILi1G1�iit Lw i�i��j �••— �•° e . ... ..
<br />� ua�arod 6y Was 5ecuriry Iasirument: a�(c)a8re�:tha:I.endcr and any other'Bortower may agree to euceixi,u�uui�j..�r`•,�%-:c:
<br /> n��y�,,•comn�odat�onc w���egard to the ternu of this Security Inswment or the Note withu�R tl�at Boaawer s consent•
<br /> 13_Lo�n Cisarges.if the loan sxured by chis Securiry Instnunent is subject to a law which sets mticimum loan charges.
<br /> and t�t law is final1y intespretod�o that the interest��gloan charges collo;t� or to be collected in w reduce the el�rBo
<br /> ��c�the pertnitud limiu.then:(a)anY such e shall bc reduoea b}•the amount n�ssar5'
<br /> w ctx�t�oa u�r �a (�)�►y � �T�ay�oa��.ed from Bomower which excceded�nuutd limiu will be refunded w
<br /> Borrowu. L.eAdez may choose to m�ke this refund by reducing the principal owed urder the �r r b�m����
<br /> pzympzt to $orrower. If a refund raluces principal, the reducdon will be treated as a part P epaY
<br /> �rtpayrnent charge under the Note.
<br /> 14.Notices.Any notice�o B�1TOwer provided For in this Security Instrurnent shall be given by deliverit�it or by mailing
<br /> it by first e:ass mail unlrss aPPlicable law requires use of another method.77�e notice st�11 be diroctod w the ProPertY Address
<br /> or asry ati�� a�ress Bo;ro�.�er des?;nates by notice to L,ender- Any Twtice to Lender shall bz given by fi�;���hi:
<br /> Les�der's xWress uau:d herein or any other adciress Lender designstes by notice to Borrower..d►ny noti�p�.,�8�•
<br /> Securiry Instnunent shall be deemed to have been given to Borrower or Lender whea given as provided in this
<br /> 15.Governiug Law; Severabilits. This Securiry Inswmeut sball be �averned by fadcral law and the �aw of the
<br /> jurisdiction in which the PropercY �s�ocatal• In the event that an;�ovision or clavse of this SecantY Inst�utt�t ar� N°te
<br /> conflicts with apPlicable law.such conflyct shall not affect other provisions of this Security InsUrun�ent or the Note which c3a be
<br /> givea effect without the coaflicting provision. To this end the provisians of this Security Ynstn+ment and the Note are decluod
<br /> to be sevw�s�ble.
<br /> 16.Borrowv's Copy.Bom»+e�sha1�be given one conformal oopY of the Note and of Ihis Securicy Ia�`trument•
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