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<br /> � paya�eni�cmy no laa�yu De rcquirCd,at thc opti�a of L.axter,if mortgagc inautauoe cove�aye(in tLe+autiount and for tlu period
<br /> that L.otxler requirea)ptnvidal by w inwmr appmved by l.�nrkc�it►L+.�conks�vailable usd is obtaltusl. Borro�•c:sh�l1 pa,y
<br /> tliao premivau roquiiod to cnzin�vA mostgsge iuuua�u�in effcss,or tu pmvide a loss resavc,uatll t�c rcquireuxnt for mort,�►�e -
<br /> iasuraace eods w accordancc with any writtea�rcewent bctw•oen Barrower aad i.wdtr or s►ppflcabk law. _
<br /> 9.I;u�YJan.Lender or its ag�.nt m3y�m�: �a:bic r.uri�upaa:r.d fiupxtions of the°raperty. Latdtr shall eivn -
<br /> Borcower notieo u tAc tia�e of or prior to au iaspcetiaa sAecifyiuu�reasonsbk causo for the uu�xctioa.
<br /> 10. Condemaatloa. 7�e pmccaia of any award or clt�m far ci�mqgts, diroct or conuquauiai, in carmoctioa with any -
<br /> coadenLauioa or othcr wking of auy pait of tht Praperq�, or far somvcy5�in Uou of wndemnatiou,�re hereby assigt�ed wd
<br /> tdll be p�id m Lender.
<br /> Iu tile evrat af a total takictg of the Propeny.the procood9 sh:i1 b:+�p.di:�3a tfr�iums s�ured by�nis Security Inst�w�t.
<br /> wAetLa or aot tbea du:.with u►y excess paid ta Borrower, In ths ese.at ot e putial taking of tho Property ia which tha fair
<br /> m�rket value of the Praperty immedlatdy�bofare the taku�is equzl w or grrater th�a tt►e unouat of tlue su��avrcd by thls
<br /> Securit}�Ir�stnuaeat ima�odi�tely beface the talciqg�unless Borm��cs u�d L.eader othe��ise a�ree in writiaQ,thn wms ucured by
<br /> tbis Sxuriq� Intttuu�ut aball ix ror,�r�cod by the auyouns ot ttc�proceeds multipliod by the follawing fraction: (a) the wial =
<br /> uaount of tbc w.ans sarau�l i��rr:d;:�t..1y bofara ttx takic�,di�ic3od by (b)� fiir muicet value of tha Proper[y immocliatdy °
<br /> befon tbe taiciag. Aay I�;;,:anoe shall be ptid w Borrower. In the eveat of a panial t�lcing of tAe Propercy in whlch the f�ir
<br /> m�rka value of the Pm�xrty lmmodistdy befare tI�e taici�is less thw the aa�ount of tho sums secured immedluely lxfore tbe
<br /> wlciag, uakss Borrower and l�er.c3:r oiAerwise�g�e in writic�or ualess sipplieable I�w whorwisa pravldes, tho proeoesls shaU
<br /> be applied W tbe suma secured by tDis Security Jactnimeat wlr�ther as aot ttu su�ms are tDaz due.
<br /> If the Ptogerty is abandoned by Borrowa,or if�aRtr notice by Lecsc�r to Borrnwer nt�t the ooade�uar offer9 w make an
<br /> aws�rd or uule a cliim for dam�ges. Bortovrcr faa,ts ta respo�sd ta Leader wn¢tt;a 30 days after the d�oe tht uotloe ls givm.
<br /> La�der is wtharizocl w oolltct aad�piy the pea�eods.at iu optian.e.itbes to r�stlon or rap�ir of tha Propnrty or w the wmx
<br /> socured by this Sxuriry Insttumeut��:tetbes or not thea due.
<br /> Unkss I.eader aad Borrowes�a3eiwise agree in waitiqg, at►Y �PPlicatioa of ptoceeda to principi! stWl aot extead or
<br /> postpone ttx due date of the moa:h,"}•paymwss refund to ia�u�rr�s 1 aod 2 or chaa�e the amount of wch p�ymean.
<br /> 11.Barowes Nat Rei�ased:Forbearoaee By La�er Piet a Waiva.Fvcteacioa of the Ume fos p�yment or modifie�tlon
<br /> of aaortizatiaa of the sums seeured by this Securic��Iatttua�at graated by l.eacZer to aay suoceswr in iaterest of B�orrawa�il
<br /> aot oper�te to r�ka�e tAe li�biliry of cDe origiazl Barrower or Bomower's wooesaors in lnta�est.I.eader tL�U not be roqulred w
<br /> oom�aeaoe prooeodi�s�aiast aay swaoessor in icy:essst or nCv�se to extmd tlme for pa�ymrat or otherwlse modify tmorti�ation
<br /> of the ums aacured by this Seciuity Instn�r�t by rasc� of aay dem�od �de by tae orlginal Bormwa or B�rowa's
<br /> a�ooesw�s la iaterest. Any fo�earwoe by I.aa�l2r ia w�erciiiag wy rlghi a�ody sh�il not be a w�iver of or pcoclude tLe
<br /> exs+cife of my right or nmody.
<br /> � 12. s.reeno+rs aa�1 A�lpos Ba�e�k Joiet a�d Several I.iability:Co-ei�s•'ibe covemats aad �greeaoeat�of this
<br /> .,.r,n�. i �M .h„�il i,:;ri s�wi hnvF�t tir a�e�awd aiui„vnt of Irat11�aod Bolr�wa'.tubiECt to fLe D[oviti0m of _
<br /> .r:�r'ir+Pb IT. Bosrower's covea�ats au�i zgro� sh�il be joiat 9ad sever�l. Any Sorrawar w-ha co-s9�as t�is SeauitY
<br /> fnurumeat but�oa not r.�ecute the NatE:(a1 u oo�signin,g this Security Ins3�umeat ooly to mertga�e,grant aad coavry that
<br /> Bormwa'i iaxarsi in the P�aperty uader tLe:tua�s of thi�Security Iastcumma¢:(b)is not Pa'conallY obli�ated to pay tbe wms
<br /> taivrad by tnis Secwity Iastnvmeatt md(c)agrees tbae l.eader aad aay otber Boirower may agrx w exuad. modif�r.forbar or
<br /> m�lce�ny axammoduiaas wisA=cg�rd m tbe ce�of tbis Securiry Iastiumwt or the Note w�ithout that$orrowa's ooaseat.
<br /> 1:�.Loa�Ch�w If tY�tc�rs secusod ixy tlais Security Instcumeas is aubject to a la�r a�hkh�ets muimum lo�e2�uQas,
<br /> and tL�t law is t3ai12y 1IILClp1CIC�SO�1t�1C 1L'�l Oi OtbGi lOiD CTJIT�GS CtYSOCtOd Ot LiD bG OOuQCtld la OOGLbCt�p�@ M'LIb$iC
<br /> ld�GXOOCd tnG�C�tC�IImILts 1�1.'II: (�1 aOJr.aUCb j0ia C�ii$C l�311 bE 1'D�iS00d bji tbC�IQLlB�71CCGSS�1 LO 1'ld�CC tZ1E C�i[�G
<br /> w ine p�Limit:m.3 ro�any u�•i•�,yil�a rresn aonmv«whicb exoeeae�p�miaea wnw wv�ue ref�oaea co .
<br /> B�ocm�+�rer. lreader mry clwase W�loe tbis refuad by redia�.-i�qg tbe gri�pal oaad va�er tLe Note or by mati�a dlnxt
<br /> pzymstis to Batvaa. if a cefuud cad+�ces Priacipsl. tbe re� will be urated as a Wr�ial PnpaY� �"� �RY
<br /> P��8�ucdet the Noto.
<br /> 14.Notjces. Aay notice co Borrowa pxa��:ded ior in t6is Securiiy Inucuaoeat sball be givea by ddiveri�it a by msilin8
<br /> it by Sra clas�mail unt�se�l5cabk kw requira use of amther method.'I3e notioe sl�ll be directed w the prnpa�ty Addrw
<br /> or any otber �ddisa� 9orrowcr dasiga�tes by notia to I.emiea'. Any notia to I.ead�er sba11 be givea by fitst claw miil to
<br /> I.eodcr's add:rss stxcd hcieim at��ay other address l.e�der deaign�tes by aotice w Bonavc�.Any nodoe g¢+ovided for im this
<br /> Seauity r��+*•,�•,�sh�l}ba deemed to hsve beea givea to Borrnwer or l.eader wbea givea as pmvidod ia this p�ragrapb.
<br /> 15.Governim� Law; Seva�aDility. This Saa�rity Iastiumeut shall i�e Qoverr�ed by fadaal Lw aad tbe law of tha
<br /> jurisdictlon in whica tba Pr+�perty is locatod. In the eveat that any pmvisioa or clause of this Saurity ia�•,,,�or the Isote
<br /> caafiicts with�pplicabie law.nich contlict shall not affoct otha provisio�os of tt�Sec�u�ity 1asW,meat or tbe Note abich em ise
<br /> givra effiect withont the c�afli�gcovision.To tbis eod tbo provisioos of thi:5owuity Iestnia�eat�od the Nou are docl�s+ed
<br /> �to be aeva�bk.
<br /> if.Bo�s+owa's Copy.Bornower�all be givm oae cocformed oopy of the Note and of tbis Secuiity Iastzumeat.
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