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<br /> ' '. p3yiuenu mgy na la�g�ea i�re�quired.at th�option of�endes.if mot�gage tnsurEns�covQmge(in the aarourat and for the pedod ..
<br /> ' • st�23 L�r,der izquires}Limvided by an ins.n�r appro:+eb by.�nder mgain 8eooiaes nvaii�bl�and as obraised_Barr�t,er shtil!I�Y
<br /> -. :� ��,��,�ms r�i�t�i.EO r,�tttain trs�rt��ens�tance ipt�effect.ar eo p�ovide a loss rc�:rve.unt�!the teQuiremens for znartgagc
<br /> - ins�ce c�uus i��-�a.�M:�:'�s a�y��sitt�-¢s a�m��4xtm��+*s�w_r�Lender or sppli�'ie laM. _
<br /> � 9.�asp�lfln.Lend�r or its agens may r�reasonabie entri�s upon and inspc�ctions of tne Property.Lea�er shal!give -
<br /> � Borrawer notice�ths time of or priur to an inspection�pacifyin�rea�onable cause for ehe inspectian.
<br /> % � 10:Contle�snntirsa.'[4'.e procer.ds of any award or claim for d.ama�es. direct os conset�ueattal.in oonaecxian wIth aQy
<br /> � cand�mn�tion or other tn�ng af any part af ths Pruperty.or for convgyance in lieu of condemnuion.ase herehy assign�d and _
<br /> ' � slwll he�pai�to Lemcler.
<br /> �, In th�e4eat af a totat taSdng of th�Property.the grooeods shall be applied to the suars secured by this Serurity Insitumeat, V
<br /> _�= vr�rth�r ar ciat sh�d�.��it�aay exoess paid to Barrocver.In the event of a partial ta�ng af ths�roPerty ia�vhich the fair
<br /> � ;
<br /> market vaIue of QhE Proprrty iapnediaiely before the takin$ is equal to or greater than the amonnt of the s�ums secured by this
<br /> . �ty Cn�tmrn>ni itnm3dia2ely bafare the tai�ing,untess Bo�rower aad L.en�fer otherwise agree in v,rifmg.the sums secure�isy -
<br /> ,-'., �
<br /> �his Secarity Instrum�t sYiall 6a r�uced by ttte amo�af the proceeds muI6plied by the follo�ing fraaion: (al th�total =
<br /> ���°`. amnunt of t�sams secvred immeatiately.before the iaSring,divided by(b) the fair market value a€tY��operty imm�ediatelY
<br /> :,, before t�e izkiug. Aay.balance stt�ll be paid to Borrower. In the event of a gartial taldng of tte Fzaperty in�v6ich dte fair
<br /> . market valne of tite Praperty imm9diately before thE taldng is less than the amouni of the sums secuzed immediateIy befa:e the :.
<br /> ��'�� `nntESS Su'�er and Lerider ntherwise��in wriEanS or unte�:�plicable Iaw otherwise peovides.lhe pmoeeds sI�all,:�;::. ::..'•_
<br /> �+� � ��5� �. . , . .
<br />� , ��. ,r�.�ea co Uns�securea by cnis s�:��"'�%i�t.'•er or ws���sums are t�ane. .
<br /> ,�,�{� . . ��.�C��y�,s abandor�ed by BomriEgr fttI i:C",�iEG�FfitCS�tB�Y�i.�,2ar:',�BQIIOR�T t�2i fI7C WLI�E�IELCI GI���14�U'?ff.�k6 e."'),
<br /> ��� ;�.�a�},`�'�d:c�;�for daa�ages. 8e_-��r u��•ao+^�a��':�ru�t��3f1�c�:;•s a8er thr.-'ri,t.-t.�.iit�rn�i+��is gi�e�, -
<br /> ;` `� •' ' r,�q��y?�;�ia�`�collec4z..:r►��g��ri��oass:l�'���(r Gt�Oil��G6er.*�c*��7�•��r+Epairoft�ii��rr^.a'�-.xtothesnms =
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<br /> ' ��i'tl'�s'',r��'�at4;r an� Barii..��'atherwise agre� im��g,a�Y aPPliration of�u.^�eds to F�incipal shall �t extend or
<br /> .: � posq�i�fhe dus date of the ms�sly paymems refened to in pa�graphs 1 and 2 or change che amnunt of such payments.
<br /> �,�`:�` i!.Basioist�Nm3 Releasecl.Fo�earant�BY I.euder 1�Iut a W�ivca:Entsnsinn of the�e fot payment ar modifiratioa
<br /> . • . of amortiTation a+�t�s snu�s secured by t6is Security Insqvcraent g�anted by Lender to any successor in interest af�orrower shall
<br />' nos operate to re�ase the lialsility of the original Boaower ar Barrower's succ�essnrs!n in.eress.Lgnder shaU not 6e required to,
<br /> �� cAmma�Ce pmceedings against atty successor sn interast or refuse to extend time for payment a�other�vlse modify tsmortization ,
<br /> �' �;: of the sums securo� by this Sxudty Inssrument by rcauu► af ony demand mad� by the oziginal Borruwer or Borrowcr's -
<br /> , successois in intere�t. Any forheamnoe by Lender in exercising any right or remedy shAll not b:�a waiver of or�eciude tize -
<br /> , exercise ef any c��ht ot rcme�y.
<br /> . � la. Successois aaA Assi�L�flahd;�oi�t an� 3everjd LtAb1l(ty. Co-signeis. The oa�enanu and agrecmesns uf Ehls
<br /> 3cxuriiy Insttnm;nt sh�11 bind and bsneGt the euccessora and assigns of Lender and 6on�we�r. subf ect to the provisioas of .
<br /> paragrapb 17. �otrnwer's oovenant� and agrcemenu s�e�l be joint and seveml: My Barra��er who co-si�s ttus Sa�rity
<br /> . Instroment but du�not ex�ute the Noie: (a)is co-sigaing this S�urity Iastr+�ment only to er�artgage.grara and canvey tbat �
<br /> _ ^vur.�..w-'s i�x�i�s'sr.�^�ti;��TM±sr L�t?rms of'this Serurity Instrument:(b)is not yersonallY ob:igated t4 paY the"s�
<br /> `�� ''� secured i�y this Sesurtty Insdument;and(c)ngees ti�at Leader and any othes Eorrower may a�to e�a�nd,.modify.forbear or � .
<br /> c�1te any ac�com�ioas arit�ceg�rd to the terms of this Securiry Insuumsau or ttce Nnte wlthoat that Boaower's consent.
<br /> 13.Loan C�►arges.!f the loan securaf by this 3ecurity Inctrument is sub}ect w a law wl�ch scis ma�ci�ici'an charses. .
<br /> an�d t�?t fav�is$nally igte;preied so that the intetest or other loan charges oollecied or w be co!Iected in onnaa�tion with tbe
<br /> laan exceed the peamitted Gmits,then:(a)ani'such toan charge shali be reQuced 6y r�e��t r.�.�zr�to ee�:ce the cl�r�ris
<br />. .' to the p�rmitted llmit;aad(b)aay sums atready ooll�cted from Borro�et which exa�ed ger�u�timits witI be refu�ed to .
<br /> l�rrrr'wc�. I.ender may choosa tc� mak�this mfitnd by reducing tl�prin�ipal ow�eader tI�e Noie or by a�aking a diroct
<br /> .'`.� . �a.s'i�m}�: to Barrower. if a me�c;id redaces principai. Ybxt•.reduction wil! 6$ a�t�i't,as a pa�ial prepayu�tc v'ritRaut any . -
<br /> '��•r'•.!.� � r�i�'r,yruentcat2tr�euriderthe�Caie. , ` . � .
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<br /> �,..�r; . 14.Nat�l4ny no6cx to Borrowex provided for ia this Security instiument shall 6e giveu Oy delivering it or by nailing .
<br /> it by 6rat class a�i!t�nless�r,,aiicable law requires us�of ano-:her mcthod.'fls�nntIce shall be direciad to t6e Pc;igerty Add�ess
<br /> ?•�,� c�:iu�y other ad,dress Bozra�i�tr designates by notiee c��;ender. Any aaticc3 to �^�tet shall be given [sy fct�.,�.�ss araii to � •
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<br /> � �is�.��r's addses,9 stated here�'ar any asher addres.s Leniisr designaEes by noti�e�i�h,zrower. M�y puticg gre�ns�a�:for in tIus .
<br /> -,.'��;� ,`', , : �urity Instrument sP�a116e de:med to have been given to 8orrower or I.ender wh¢�v�:ven as pmvid�+d in�ehis�+a�[ '�ctph:. , ,
<br /> . 25.Guvertilng Iaw; Sevcr�bility. '1"�ais Secudty Irui�vment shall be.govemed by fedrs��ir law zrnfir,tlte�law.of the
<br /> ;'f,trisdiction in w?sich die Prapzny is to�r.�:In the event that any.p�vision or clause of this�ecQ►ry Ins�m�ctn�oz the Note
<br /> . K�i�lYhxs with a�plicable law.:sau"�conflict shall not affect other provisions of Uus Security Instnimen�t or the t7or�:��c�luch can be �
<br /> � , �,aPa effect wittmut th�ooafi:�ting pmvisian.To this e�ncF�he provisions of tAis 5ecurity Instrume�a and the t�'c,�a�;are doclared
<br />' to be severabt�. � �
<br /> ' 16.Borrt�ce�'s Copp.Barrower shall be given one confomn��s�of the Note and of this 3eeuriry�astrume�t. � �
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