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<br /> . pry.,�,a any,o io�a 6�ee�t�Cal.at.fbe optioa of i.ea3x;ir moi+pte ins�ea�e c�+ui�e r�n uic amo�nt aoa 6or�wo paiod. .
<br /> . tYt I.eeder eeq�it�)p��S►ao imanr aPPi'ovdd by teod�r t�aiO 6a�on�sv�ilable�od is o6laineA.Bamwa,�aU py
<br /> , tbe pnmiomc requi�ed ta��E���in el�a,a w pmYide a Ib�s raerve.uoqrt d�e iequice�nt foa mo�t� .
<br /> � � ° �dOt eo�Lr a000td�ooe�rith�ay v�s�cam�ot bKwaa Sormrwer and Lender or`�pptipble�aw. ,
<br /> - !..I�ectioie.Laida or ics atait:mry m�ioe ressodbk emdes apon and�Ins�oc6on�of the Pmpe�tl�.I�ender stnil�ive
<br /> ,BoQOira�_ndtioe at the time of or prior to an iaspection�ec�i°S�te c�sa for tAe iaspoaion.
<br /> 1�.Cwde�tl�.'�'6e P�5°f anyt iwud�ar ciaim for d�ges.d'�t 9r oonyoque�al. iaeonnxtioa.�ith anY`
<br /> �ar.���otMy prt of tLe Pmpe�tt�t.or for oouveyaace in lieu of candemnation.aie het+eby�ssiEoal9ud
<br /> �
<br /> _ . ...shaIt�e�idtt+_��=-�--_-- -
<br /> �--- la thc evmt uf.a totai talao8 of the Piopetty,the Pmoeeds sh�tl6e app�CCd-to tl�e sums savnd 6y this S-ec-unTY t�t�-- - -- _
<br /> �fietber or na�t tbea duc,v�itb�ay eYCess Paid to Bormwer. In the avent of a partial taidng of the pmpee[y in�v1dcA the f�ir
<br /> muicet vatue of the PropatY emmediatet�'1�°rc the Ml�na is oqual w or 8reater tAu►tbe unount of the wms sowred by d�s -
<br /> Saauriry Imwmeot imouedi�tdY 6efae tbt t�inS.nnkss BarmWa and lmder ot6awise a�ee in writing,We soms securod by
<br /> � �y Insinrm�t sfi�116e teduceA b3►the aur�ount of tbe pmooeds muitiplied�y the foltawiag&acdao: (a)-thc Wqt
<br /> �qoount oF the sams seauned immodi�tely 6efoc�the tatong,divided 6y N)tba fair nniirst vattre of the Pmpetty'��nedwet� S►
<br /> be�aie the t#iciag.Any b�r�ce sl�ll be pud W�ormwa. tn the event of a putial t�i�ing of the Property '
<br /> p�ciret vaiae of tl�t P�opetty i�edi�telY Eefore sbe t�icin8 is kss d�a the amou�of t6c wms securod immodiately befote tbe
<br /> - i�1Qng,unksa Bomuwer and l�eader othe�wise ag�ee in writin8 or wdesc applipble law athe�rise pmvides,the prooeods sb�l! �
<br />-= • be applied to tbe sw�socurod by this Sacurity Iastn�ot wbdhr or aot tHe saua�aae tbea due. - _
<br />-= If thc Pmpe�ty i's�6aodoaed hl►B�owa.or if,after notic+e by I.ender to Bormwu tbat ttje coodannor oft'eis to maiae an _
<br /> - -- - axand o�sdtle s claim for d�.Botruwer fu'1s to trspoad tn I,endec within 30 drys after the date t6e aotke�is given.- ---
<br />- - � leoder is aWborizod w wlkct 9ud ap�g the pmooeds,at its aptioo;eitlkr w ratoration or iepvir of the Piopectl►or ta the sums ______
<br /> =- • tecurid by tLis Se�carity�" ,�,�±+r,r�,�er ar not tbm due. , :: � . - --.
<br />_= IInlas Lajder aod Borrowa acfierai.4e�roe in writing,�al�'�PP�on of proceeda to principd.si�ailt noc eam�.ex
<br /> -- � post�one the due date af the moat6ly payments.cefer�ed w in par�aphs 1 and 2 or clnnge the�nt of s�ch pay�-..�::,;:`; —_--
<br /> pos one _____
<br /> 11.�orro�va Nat Reka�ed•,Forbara�ce Eas�Nat a�Nai�er.Extension of the time far psyment�or modifet�tion =____—-
<br /> : . ;`, . . of amo�t�zatioe of tAe sums sxu�l hy this Sccutiry,�t�ed by i.onder to any�xssor in inte�a�Bomuwer shsU ��.�F.
<br /> . poE operata to aele�se the tiability of the ori Borrower or Borta�wec's successo�s in interest.t.eoder sfiali'lnot be�+equi:od w ' �:���:
<br /> 8ina1 �c���-_
<br /> �menoe prooeodings against any s�eo�ssor in intenst ac nefuse tn extead tinoc for paynneat or otherwise modi�}►amonization ��_„=;_
<br /> � • of thc sums secucod by this Security In.murtre�lt by n�on of aay detnand made by the ociginal Bomawer or Botmwer's. � :.
<br /> a�ssors in iateneu.Any fofiearance by I.ader ia exercising aay rigfi�t or remody sh�ll not be a w�iver of or pneclude the ���._;_
<br /> ��--:r.;�.
<br /> eaercise of aay rtght or semedy. � ----
<br /> , . 12.SaooaNOes ard A�as IIo�i+J�t�d&venl LlaWlily,Cu-�s• The covec�ats�cE�tnenrs of Uus ,
<br /> Sacuriry Instrameat shall bi�d and 6es�elit the successors aad auigns of Lender anc!BonoRer, subject ra.the provis�+:r..s of �x;�:=_-
<br /> t �°� -
<br />� � _ paragraph l7. Borrower's covenants aad agcaments shall be joi�t and several. My Borrower wJw cs�gns this Sec�rity ���
<br /> Instn�nt but does not execute t6e Nate: (a)is e�-signing this Security Insttumeot only to moRgaga�and conveY th�t .��-Y:�..
<br />�.. Borrower's intetest in the Property undcr the ter�s a�f this Secudty Inshument;@)is not petsanally obligatod to pay+the sums ���_:
<br /> '„ _ sa;urod by this Security Instcumeat;and(c)agrees�.1at l.endcr and any ather Borrower may ag�ec Lo extend,modify,forbpr or � .• x:...:,�,,:�;-
<br /> . ..<:-.:° F`::"_-
<br /> ' • .:� ��nY xoomnwdadons wub cegand to the cerms of this Security lnstrument or the Note without thu Barrower s wnsent. ,�!,<.
<br /> '':-:,x-f�••,::
<br /> 13.Loan Charges.If the loan secured by this Security instnunent is subject to a taw which seis maximum loan charges. � ,.T• =
<br /> � :��:r.-.
<br /> • t�nd t[mt law is fiea}!y inte�pretc;d sv that the inte�or other loan charges collect�or to be wllected in com�axion with the " `.. '+.;'::�;�
<br /> � Rd ':� � `�^._.
<br /> � loan exceed the permitc�'+��imits,thea:(a)any suc�:oan charge shall be reduced:�the amount nea�ssuy to�duce the ch�rge ';'�:.�:::;,.'v;,.
<br /> to the permitted limit;arjd(b)anY s�sns already callected fmm$orrower whicb eaceeded pem�ued limits will be nefundod to !���:_;;;�;:;�-
<br /> : .�,�.;,;,;
<br /> � Bonower. i,ender may choose to afa�ce tT�is refund by reducing the principal owed under the Note or tsy m�Ying a dira� - _ ;,.1,:::;��-
<br /> . payment to Borrowec. If a refund �''.�=�:.es priscc��a1. the reduction wiH be treated as a �aRial PrepaYment withaut any �::���:'`�
<br /> �� . _�.,,.:;
<br /> * P*�Y�t charge under the Note. ' . . :
<br />• 14.Notloe�.My notice.to BoKOwer pravr�tµin this Security Instrument shall be given by deli�eaiag it or by mailing � �
<br /> it by first class mail unless applicable!aw requires ase of anwher rnethad.The notice shall be directed c�rim.PropertY Addrcss E ���`'•_
<br /> �'° .;Y. :..`. :.:''._ .
<br /> , or �ry other address Borrower desigtrates by notice to Lender. Any notice to Lender stsatl be given by first class mail to � ;.r.��n�'�'
<br /> , C'tiv:;:.
<br /> � L�ender's addcess statod herein or ac�c other address Lender designatea by notice to Borrov:er Any+notice providod for in this ; _,,�-��e��;.:
<br />° � Secudty Insttument sha11 be dee�v�-+:a i�ave been glven to Barrawet ar Lender ahen gitiea�provided in this paragraph. �- -,��;i�v.
<br /> � 15.Gpverole�1.a�r;Severab7ity. This Security Jnstrument shall be �iycrned by _fcderal law at� the law of the �;'
<br /> . . � urisdictlon In which t'he�rapertg is lacated.In the event that any provision or clause oi this Security lnswment or the Note �� ,� .
<br /> . � w _ ,:. confllcts c��applicabte law,such azc�ict shall not affect other provisions of this Security l:.�t�ument or the Nae which'can be .���.�.:
<br /> • ' _ �"�.Y���'`il� given effee�without the conllictiag�r�vision. To this end the pravisions of this 5ecurity Instrument and ihe Note are dec�.ared � • ,
<br /> -- -'�'�'�"�� to be severa�le. - -
<br /> • r 16.Barrawe�s�ayy.Bonower shall be given onc canfam�ed copy of thc Note su�d of this Securiry t�sstrument.
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