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<br /> . . 96- �0��3� �-
<br /> . paymenss m�y no longcr be rcquircA.nt.thc aption of Lender. if mortga�e insurance cavcrage tin the Funount and for thc per�ad
<br /> :�.'•_ tha3 Lender cEquires)provided by an insurer Rppruved by Lender again becomes availabte and is nbtained. S�noti:�er sh,�ll pay
<br />� ��` � the premiums required to maintain mortgage insurauce in effect.or to provide a loss reserve,until the ceyuirement for nortgage
<br /> insc►rnnce eads in ascordance with any written 2greement between Borrower and Lender or agpliranle law. -
<br /> . 9.Iaspe�Yon. Leader or its agent may malce reasonable entries upon and inspecaaas of the Property. Lender shaU give
<br />' Borrower aotice at tAe time of or prior to an iaspecdon sperifying reasot►able cause for the inspecaon.
<br /> - 1�. CoudEamation. The pmce�is of any award nr ciaim for damages, direct or consequential, in connecuon witi�ury
<br /> wndemna4on or other taking of any part of the Property,or for conveyance in lieu of condemnation,are hereby assign�and
<br />—= shaq be paid to Lender.
<br /> -�' � In the event of a rotal taking of the Property,the grocxeds shaI[be appiied to the sams secured by this Security insuument,
<br /> °;.r4,�j wheiher or not then due. vrith any exc�ess paid to Borrower. In the event of a partial taidng of the Property in which the fair =
<br /> �,�.<<,�? �siset value of the Progerry immediately before the taldng is equal to or greater than the amount of the stims secured by this
<br /> {'�`� �ex►.��ansuument immedia?ety before the taking,unless Borrower and Lender otherw:se agree in wriring,ths s�-n..s secured by -
<br /> �``'.,ti4� tta��� cr,�:rument shall be reduced by the amour.�r•F che pmceeds multip�ied fi3 the fc!�om�; fr�rac qa) the wtal �
<br /> '•``;' •^ • r aivided� �the fair mar�et ��al�:oi;hs�a immediatel
<br /> •, �}�; amount of t�z sr•e�s secured immPdiateIy 6efare the..aFu.na, }fb, �Y � Y
<br /> � before the tata�g. Any balante shalt 6e pa.�:•��rh..3a�r. In the ecem oF a partia! taking of�z,�:rope;ty ia�vhicb the fair
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<br /> market value of the Property au�ediately&��re?:Y,��:�is tess tt�:hz amount of the sums s�ulced imm�:�,ly before the —
<br /> • taking,unless Borrower and£.�er otherwise agc�ee in r:ir�or u�ess applicable�aa+otherwis��-,vides,2he proceeds shall °
<br /> � be appGed to the sums secured 6y this Security Inmumeat wh�°r er��s�e sums are then due.
<br /> , If tts Propc,.-G±%is abandoned by Borcower,or if,aff�i�x�I.�ndzr to Borrower that the�ademnor a�'ers W make�
<br /> award or settle a claim for damaaes, Borrower fails to r�sgL�ta��znt'.� within 30 days after the date the�c�re is gic�.:a, _
<br /> `` Lender is authorized to collect and appty the procrzds.aY c¢s�^.,nn,�-.h�r:�:�torL:3n or repair of the Proper�gr�c�r::�the sums
<br /> se�..�by this Security Instrurnent.wheiher or not ti�n�a. � ' -
<br /> LTatess Lender and Ba�r•i�r ot6erwise agree u3 �ra�g, anY a�iicatiok 4��s to principai stn���ne2 extend ar =
<br /> •� postpone the due date of the��ntiily paymenrs refernci to ir�parageap�d and 2 or ch�ge the ama-�3 of such paymenu.
<br /> �<<:��� ll.Borro�er Not Releas:�;Torbe.�r.��rae 13y Leader Not a�ai��:Extension of the tins:.�cu�ayment or modification '
<br /> �'F�� of amorti7ation of the sums�s�red by tfis�eo�arity Insuument granted'�j;Lender to any succxsso��.�temst af Borrower shall
<br /> •���'�:� �[n�yerate to release the(i�;1ii-43-of Lhe or�r.nal Bartow•e�z or Borrower's successors in interest Le�w s:aeJfl�aat��h°,reqoired to
<br />.:..t,.i . . . -
<br /> cac�mence proceedings a�,���?�s�cozssor"sa interes2 or refnse to ezt�:r!d tyrne for payment or e�sr�:��i+t�r�snortizanian
<br /> '�F�r,'' ai it�e sums se�.w-�..} �; �:is a�rity Ins�t by r�soa of an} ��� made by the ori�t�r;��a-�c�.�orrow�r's.
<br /> .;,,,s�r', s::�ssoxs in i�'t�c��,�.��dorbsaranoe by 6.rxn�er in ex�is:r.�z:s ci,�d�2 er remedy shall not be a waive��nr��clude tne -
<br /> ::?'s;�, e.�,.,rise of any riga4 or rem�y.
<br /> '.;.;.. 12. Succe�ssmrs and A:� BoonA;Joint aad ��ra! Lia631ity;Co-s3gae�. The covenants and a�nts of this
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<br /> •; �'`. Security Iastrnment shall bind and Beaefit the successors aad assigtts of Lender and Eornower. subjert to the provisions of r��
<br /> ��'.:� p�giaph 17. Boaower's covenants and agreemencs shall be joint and several. My Borrower who co-signs this Security =
<br /> . Instmment 6ut does not eaecute the Note: (a) is co-signing this Security Instruraent onty to mortgage. grant arid sonvey that =
<br /> Bonower's interest in tlte Property under the tetms of this Securiry Instrument;(6)is aot pe�sanaliy obligated to pay the sums
<br /> sea�red by tAis Security Instrument:and(c)agrces that Lender and any other Borrower may agree to axtand,modify.�forbear or
<br /> ' make aay acconunodations with regard to the termg of this Security Insuument or the Note withwt that Boaow�:z's wnsent.
<br /> " l3.Loan Charges.If the loan secured by this Security Instrument is subject to a law which sets maximum loan charges,
<br /> . and thai law is finally interpreted so that the interest or other loan char�es collected or ta be wllected in wnnecti�oa with the
<br /> loan exceed the pennitted limits,then: (a)any such loan charge shali 6e reduced by the amount necessary to reduce 1he charge -
<br /> to tha permit�ed limit:and(b)any sums already collo..^�ed from Borrower which excceded permisted limits wilU be refunded to
<br /> Borrow�r. LendeT may choose to malce this refund by reducing the principal awed under the Note or by a�a�ng a ditect- �,
<br /> �„- p�ymeat W Borrower. If a refund rHdaces principal. the reducaan will be treatad as a partial prepaymxnt withoui any
<br /> . prepayment charge urrder the Note. ' � _
<br /> � 14.Notfc�s.Any aotice to Sorrower provided for in this Security Instrument shall be given by delivering it or 6y mailing _
<br /> it by first class mail uniess applicaGle law requires use of another meshod.The natice ahall be direciod to the Property Addmss
<br /> or�y other addr�ess Borrower designates by notice to Lender. Anp notice to Lender shail be g9ven by first class mail to •-
<br /> . Lender's atldress stated herein or any othar address Lender designates by notice to Borrower. Ars};+no6re pmvided for in 6us
<br /> '"•;�r Sec�uityr Inswment shall be deemed to have been given to Borrower or 3er►der when given as pro���cl.in this paragraph.
<br />,�'.',;�_ • 1�.GavermSng Law; 5evetabiiIIty. T'his Security Instrument ��9 be govemed by fader3l law and the ?aw of tPte
<br /> �::`;�;;!j jurisdictton in which the Property is located. In the event that any provis:on or clause of this Securiry Instnuc-�t or the NIote -=
<br /> j�,.��4 conflicts with applicable law.such coMict shall not affect other provisions of this 5�our:y Instrument or the Note tivhich can be `�-"
<br /> '�t���� given effect without the coaflicting pravis=on. To this end the proves:a�s of this Se:.ur_�r�Instrum...'siz.and the 1\cte are declared �
<br /> ;.;i�f.r....
<br />. ,.�'� to be sevemble.
<br /> `��;�;�; !�.!��w��'s�c�J.°.�rror;2r s5all be�iv�,i os►,,w,�fui�ir;�co�,y of th�?:rF�,�:�3 of this Sc:,urity In.;u�:i:,nt.
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