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<br /> payments may ao ton;er�e required,at the option of Lender,i�mortgage insur�nce coverage(in ttte arnount and for the period �
<br /> , that L�nder requires}pmvided by an ussurer approved by Lender again becomes availabie and"u oEzained_ Eorro�ver shall�ay =-
<br /> the psemiums r�.sired io maintai��mortgage insurznce in effect,e�r to provide a toss reserve.untii the requirement for mortgage '-
<br /> insur�se eads in asc�retanca wit�any written agre.eQtent brtween Horrower and Ixnder or applicable law. —
<br /> 9.Iac�eetlan.Lender or its agent may meke reaaonabie enuies upon and iASpecdons of the Property. l�cider shall give ��
<br /> '• Borraarer notice at the time of or prior to an inspecci�n spzcifying reasonabte cause for the irLSpectian. �''
<br /> !8. CoAdemn�ilott.The proceeds of any award or claim for damages, d'uect or rnnsequential, in connection with any —
<br /> • condemnatian or ather takiug of a�s}r ptut of the Property,or for oonveyagre in lieu of condemnadon, ara hereby assigiced and �
<br />� shall be paid to Lender. �,:
<br /> : � In the event af a total Yatdng of the Property,the pro�eeds shall i�e applied W the sums secured by this Security Instrument, � -
<br />���'� whether or not then due.vrith any exoess paid to Borrower. Ia the event of a partial takinB of the Praperty in which the fair —
<br /> `��� market value of th�Froger¢y imm,ediately 6efore the taking is e�ual to or greater than the amount of the ssuns sscured by this
<br /> �� Security Iir,tnuren¢immediatety before tte�taknng,unless Borrovrer a�l.ender othernise agree ia writing,the suans secvnd by --
<br /> this Security t,.�,.nw,r shall be red�by ths amonnt of the proreeds multipiied 6y the following fi7clion: (a) the taial .
<br />, � am�oucE of the sums searred imnsediatety before the tatang, divided by(b)the fair market valwe of the Property im�ediatety ��
<br /> �:� befare the ta�►g. Any baiauce sha11 be paid w Bo.-rovsrer. In the eveut of a partial taking of the Property in whi,ch the fair --
<br /> :; :;; marYeY val�e of the Property immediately befare the hatQng is less than the amount of the sums secu�d immediately before the
<br />"°�'� tatin tmless Borrawer and Leader o�envise a in xritin or anless lxztble lavi othernise rovides. the s�att. ��
<br /> ,;_g,� S• S� 8 aPP� P Pro�
<br /> .;'r�; be aPPlied ta the sums secured by this Se�:rty InsUvment whether or nea th�sums are thea due. _..-
<br /> • If the PfoFerty is abaadoned by Eo:maer,or if,ai3er aotire 6y Y.e�der to Borrovrer that the wndemnor offers to make an �_�
<br /> awartl ar settte a ctaim for damages,S�-rawer laiLs to respand to Lender with;n 3Q days after the date the noZice is given, �pr•,._
<br /> `�.�.� I�euder is anthoxi�e�to collect and app131tie�rocezds,at its option,e�'.�.*er to restoration or repair of the Property oa to tte s�as
<br />�'"��' seiund by dus Secasity Inshument,whe"�Sr or not then dae. �`
<br /> � UnIess Lender and Borro�ver otherwise agree in writing,�a:,.���ficaiio� of proceeds to principal shalt �oa e:�,:�r '
<br /> . �?.� pastporne ehe due date of at�montBIy Payments ref�r�c,�paragraphs 1 and 2 ar change the amount of svch�.
<br />- :f, 11.Borrower No9 ReR�Y'mrts�uraare Bq F.�`�Not a Raiver.Fxte�ioa af the time for paym.ent��difi�xtion
<br /> ' of amorti�tion of ihe saer.a s�ac°.�e~2us Sacurity 3n�"�ent granted by L.ender to any sac:oessor in interest of Borrower shall "�"�'
<br /> �f;�� not operate to release the liabtTi:�-�;�o�s;�nal Bor.o�er or Borrower's suooessois in interest. tr.ader shall not 6e required w u�Fy�
<br /> {��;,�` commence ceedin t ar� aaa�cs�s in interest or refuse to e�ctend ame for ,=�%�
<br /> pm gs agains y ' payment or otheTwise modify amor�ation .-
<br />�'�`:.;ti'; of the sums secuied by this �c�irtr 'n�-trument by c�.son of azry demand made hy the original Bonower or Barrower's `,�?Q;
<br /> successors in interesL Any���if�z.:ce hy Lender in exerrising any right or remedy shall not 6e a waiver of or preclade the
<br /> �,��, exercise of any right or rerrmtl�:. E_.-`.
<br /> 12. Sacecsoss an�S Assigrs ��tr�k;Join!and Sevea•a1 Il.ialbility. �-stgueis. 1'he coveaants and agr�emeNs of this `
<br /> ` Sec�uity I�m�ent shall hind and bencrn the suc�essrns and assigAs of I.ender and Borrower. subject w the pmvtsioas of
<br /> ' �pb 17. Barzowee'a,s�a��.'nnnts anA ageements �all b�joint and several. Aay Bornnwer who cro-signs this Secucity
<br />':',i�) Iculrument but does nnt er;...�rt�z the Note: (a1 is ca�sc�c:::g this Security Instiutcent oat�y to mortgage,giaat�.aoavey tlzat � �'`='
<br /> � � E°a�mrrer's interest in the Pt:�,Fxsty under the�cf c�s Security Insm�ment;(taD is:a�st personaliy obGgated�s�aY th�sums �St'
<br /> ���
<br /> � «• sesura�by th'ss Security�nstnttnent;aad;.;a agees th�{f.endcr and any other Boaasrer may agree to extend,modify.fo�'bcar ar
<br />.�Yi1 ��� pnfCL'3II 3CCOuwNUauOfl$W1W
<br /> .,c��•• y regasd tfl z5e ternus of t�as Security Instrument or tt�Nais withoDt that Borrower's eonsznt.
<br /> ,; i;• —
<br /> s 13.i.aon Chatge9.if�tf�laan secured by this S�uriry Instrument is subjeci to a law aluch sets rnaxinratt�loatt¢hatges, r:�-
<br /> °-�.-1 acd that taw is finally in°,�.ap;�so that the inter�st r��qther loan c3-,argcs wl�cted ar to be call�in�nneeiion witd the �=`
<br /> .9 :,� to�an exceed the tt�d limits,then:(a)acry aucfi lec€Q ��
<br /> Pe�c�i charSe sha11 be roduced t�y th�amo�e ueaessary to reduce the charge t,�
<br /> co the permitted limir,and(b)any sums afready collerted Rom Borrower ahich exceedcd pc�rmtttal timits wlll be refimdcd ta
<br /> � . Borrower. Lender may choose to make this refund by reducing the prtncipal owed as,der the Note or hy mahing a d�;.°o�x --
<br /> :.•.� payment to.Boaawer. If a refi:nd reduoes principaf. the reduction arill be treated as a partiaf preQayrtxnt wit2taut s�y — .
<br /> <,1:": F�paYmont ehatge under tt�a ivote. �
<br /> ��.;�• � 14.Notk�es.Any naEic¢to Borrawer pmvided for in t6is Security Instnunent shall be given by deiiv�it or Dy maifing �
<br /> •'� ` it 6y first ctass noail unless apgltcable law r�eqnires use of another rnethod.The aatice sha116e directed W tS�e l�+soperty Address ,�.' ���
<br /> �. � or azry other address$ortawer desigu3tes by notice to Lendst. Any rtotice to i.ender shall be given by •8rst ctass mail to
<br />�•`:,; �; Lender'.a address stated 6erein or any a�address t.ender designates by notice to Borrower.Any�tice provided for in this -
<br /> Sectiriry Instruazent sha116e d�tn�s��s�een give�to�orrower or Lender�sn given 3s pravided i�t�is•�ragraph. �,.:,
<br />��'.�"' � 19.Governing I.��;, �>>crabi�iy. �tis Scx�:sty L�strument sha11 be gnvemed by federal law axrJ.the law of tbe
<br /> jurisdictio�in whicfi the��perty is io�cr�.d.1n the event that any pravision or clause of this Security InStrument or the Note ��
<br /> �� conflicts tsi�tt a�ficab�e law,such conf}?s¢shall uoE affect ather pxovtsions of this Security Instru�.ent or the Note which c�n 6e �'.;
<br />,�° , given effec¢�ra�►::s tt�'�r.�flicting pmvision.To this end the provisions of this Securlty Inss��m�+t and tLe D1ote ate declated °_
<br /> Q�_._
<br /> ' to be severab:�. ;��,::.
<br /> ., 16.Dopru�vrrr's Cc,�xv.F..orrower sha11 be given o�oonfom�ed capy of the Note and of this Security Instrument. ':�.�-'
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