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<br /> pAl��nants nwy nn l�ne•,ger be requirtd, u tiie optlon of Ltixkr,if mortgage insm��xe roverage(in thc w►x�unt atxl i'i�r�ho pe�icxl
<br /> trW�1.ender rapdires)prov�dcd by an insurcr�p�provetl by Lcndcr�igein beconxs avuilablc arxl ix ubtxino�.Burmwer rF�U p�y
<br /> tho.�rcmiums ctyo�ire.�l tu nwinwin ma�ng�a insur�nce in etfoct,ur tu pruvide a loss reserve.until the rcquire�nent fur nx►rtqa�r
<br /> insu�rn�:n+l.1 in e�c��Y with any written aRrexment betwan Bo�rmwer xnd Lender or�ppllcabie law. •
<br />, ' 9. 1rw;w��M�, Irr�rr nr itx r+�ent mqy mN�P IYASMIphle emrieti u;r.m Pnil insrection9 of the Property. �tr►ciPr shuli Ktive: ,
<br /> &►rrower noti;��+�,t the tima of ur pdorto rn iruptctinn apa:ifying«asoru►bla cause for►he inspec.tion.
<br /> �10. Ca�tmnrilWn. Tl�e procexds af eny sw�rd or claim for damegey, dfrect or consequentiul, in connection with any
<br /> candcmnytion�aR ot}►sr taking of any port of the Property, or for comeyance in lieu of corulemnatio�,arc hrreby assigned wnd
<br /> siinll be paicl;a l,enc6er.
<br /> In�he ovQ�of n totai�aking of the Psopeny,the proceeds shall be appliod to the sums sccured by this Sxurity Instn►ment.
<br /> whethcr or rx�f�ttMn aiiu, with Rny c-xce.es paid to Fk,rrower. Tn ttu event of a partial taking of the Properly in which the fur
<br /> m�rket valu� c�8�tta l�ropeny immcdiately before the taking is equal to or grcater than the anxwnt of the sums soaer�d by thia
<br /> Sc:curiry [nstn�mc,nt itramediately bafore the taking,unless 8orrower and Lender otherwix ag�oe in writing,the sumc securai by
<br /> thi�s Security Inst[umsnt shall be raducaf by the amount of the proceods multiplied by the follawing fi�ction: (�)thc tdal
<br /> �,in�xmt o!"th�sum,sccu�+cd immediately befoco th�tuking,dividal by tb) tha fair market vAlue of thc Pcnp�erty immedIaiely
<br /> �fafixc the t�:in�. Any bnlana st�alt be paid to Borcower. In the event of a pactlal taki��g of the Property in which the fair
<br /> rnarket valua af tt�e Froperty invnediately befone the taking is Icss�han tht amount of the s��ms socurod inunedi�►tely before the
<br /> tx�k➢��g.u��s Fknrcui4cr�rri f.cywicr u►ix:rwi�e ag�tx ir�writing ur wdr�s ar►piica8lt law t►lf�etwtse�iovi�les,i,`te p.xe�;s s�1:11
<br /> ��a applisd to#tvr.sunti sccured by this Security Instrumont whethcr or not the sums are then duc.
<br />� If the Prc�:.rty iS at�rsixlonod by Borrower.or if, aRcr notice by Lender ta Aorrower that the ccmdsm�wr of�'ars to maka an
<br /> uward oc seit�t a claim for danuySes,Borro�wer fails ta respond to l.znder witl�in 30 days aftu t}�e date the natir„e is given.
<br /> [ander is auttt�QiTad Ro collect and a�rply the proceufs> at its optIon,either to rostotat3on or repair of the Property or to the sutn4
<br /> ��urect by thix Sc�cu�ty Instrument,whr.fJ�er or not then due.
<br /> Untess l:csr.kr and Borrower oih.�nvise agra in writing, any application of proceeds to princ(pal shall not eatend o�
<br /> �eistponc tho cfi:�e dxte�of the monthly pyments rcfemed to in parsgraphs 1 aACi 2 or change the amount of such�yrr�uus.
<br /> I1.Bor���+•er h'�al�l�elaned;Forbearance By I.aoder Not a Wdver. Bxtension of che Gme for paymem or modiCcAtion
<br /> af amoctixaticw�af thp seurQO�cutod�iy this Savdty Fmstrument granted by L.ender to any sucxxs,�or in intr.e�rt uf Bormwer siaU
<br /> not operatc tn rcl�tasa thc liability uf ehe original&,�,-ct�wer or Bornower's succGSSOrs in inte�+est. �.ender shall nat be ra�►irod to
<br /> a.v�Tuii"aw c rvu6iai��_' aitNi fi�� 'suC�iaSvi itt iuicaw`;iri icfii5o iv��wiciu'iiuic iirT'"u�vi vu�awi58 u`Rw+ii"'w.ww'w�cw'3�v..
<br /> t �1r„�$ � Y v Y°7' I
<br /> . af the sums �+ccurM �oy ihb Se�curfty Instrumrnt b;i.'��son o� any demand made by the �arigin�l }iosravr�r or Ba+mF�er's
<br /> . su�.�cessors in_ir�rrest. IYnn;forbwru�ce by Iaqder'ntp�zKercising any right or reaxdy shall ►x�t be a wsir�:rof or precfude the �
<br /> eaercigc of any:righ�c►r r�;.;n�y. , ' �,
<br /> 12. Sut�rcasora�and .�ne�e�nd;Jofat x�ad Sevetal Liability; Co-�ers. Tha,aosemnts and agteeme�xs.�a?�►his
<br /> �ecurity,Instn�mcru �i►aFl bind and t7ciCfit the successor� w►ct assi�ns of L�er�ier u�d Bor.raauer, subject to the provi�s;�rar�of
<br /> i�r�rrgrsph 17: �brrovper'� covtn�nts �nd agroementa shall be joint and severAl. Aay Horfn'wer who oo-signs thie Sxurity
<br /> .T11�Ymmwnt�y�1�c�rs�;;t�zecute ihe Nnte: (a) is co-signing tl�ls Securiry Instraz�sent only to�nortgage. gru�t �ud convey that
<br /> �,
<br /> ;? '.'Bu+rowcr's ir�cst in the Property under the term4 uf this Sccurity Inswmcnt: (b)is not personally obligatod to pay tbe wms
<br /> � ..'�KtlC11I�OlI�1M S�tSS�,ti�l�.l1P�Iy IIISI[WIYJtI;ai�d(a)egroe�that i.ender�ud u�y other Borrower may agree to extad,rt�odiPy,forbar or .
<br /> mnke any,a�;�ar,,�xnai�tions with reg�rd to the temu of this Sesurity Instiument or the Ncxe without that Bacrower's conenet.,
<br /> 13. i;�ci�n•[,"Y�rna. If the lan saurai by this Security Instcum�nt is subject to a law which sds m�ximum IMn c�sn:gea.
<br /> '�' and thAt law iis finafly interpretai so �hat the interest or othtc loan chargrs colixted or to be collectal in coru�oction with the �.
<br /> �.. Icuu�ez000d tki�p�rrn.itted limits. then:(a)u►y wch loan charge stull be raluQO�4,by the amount nxessa�y.co�:nduce tbe charge �•� ;i�
<br /> •.. ta the perntirtcd•iimit:and(b)any sums already collxted fmm Borrower wh�nh�ezoadeci pernutted limits'}u'r]1 be nfun�ie¢to
<br /> Borrowcr. LearSd�r rnay choose to rx�i�ke.this refurx! by reducin� �fie princip��owod undtr the Ncxe or by meking.x:�direct
<br /> ;' p�yment to Daarox'cr. Tf s refund iYduce.s princip�l. the raiuosion will t�;l�rated as. a partial Prtpsyment witho�uo'arry .
<br /> P�Payment cttsrg�o under the Note. '.
<br /> 14.Nati�es.Any ncxiuG tu�orrower providoc�tFav in this Security Instruri�rit sF�all be gi�en b,y deliv�ri��ii or by nuiiting
<br /> it by firsi clul.t mxU unless applicAble law �equires usr+.nf another.�tpethad.The rwtia sluill be directod ro t}�e'Property A�dcau
<br /> �. or any otle:r. xidrvss Hornower designues by notice co LendeT.��Any notice to Lender shall bs given by first cLvs mai! to
<br /> Lender's ad�(�cas�s�tal hercirt or any aitier acWress Lender des�gnates by notice to Homower. Any naia provicisd for in th;s
<br /> � Sacurity Inathrm�K sM11 be decme�to have ban givmp to Bnrcower or Lender when given as provided in th't,s paragraph.
<br />" �';. 15.Covm+i� I�r►; Se�tr�bilfry. 'Fhis SG�i��ty Instn�m�nt shall be gnvcrnod by federsl law.,end thc law of t1� .
<br />_ ''ju�iscliction iri�Ntiish the Prc�perty is locatod. Tn the event thet any provision or clause of ttus Security Ynstnuneut ar the Note
<br /> c�c+nilicts wi��j ey��ticable law,such conflict shalt not affect aher pmvisions�f this Security tnsmvrr�nt or the Note wtiich can b�
<br /> r �iven�ffsct w�ictlnut the contlicting provision.To this end the provisions of this Security Ira�trument ami the Note are declar�d
<br /> ,ta bo sEVCrah�Mt. '
<br /> ; ' 16.Horro�srr's Cc►J�y.Borrt�we�shall be gi���n•ane confom�d copy of tit�:�Io.te and of this Securit,y 1nsc:vmenC. ,
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