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<br /> � paym�ts may no longer he required,at the opriQn af Le�►dea.if martgage insutanx covea�e(in t�e ammant and far tRe geaiad •..`::'��;:, :;: ..:,• �•" �i
<br />' that Leader req�ires)provided by an iasur�r spproved by Leadea a,gain becomes avalable and is obmi�ed.Borrower shatl pay dea ` , -
<br /> p�+ernivms rs�uired tn maintain auirtg�age insu.*��in�ffecb os ta provide a lass reserve.imril the cequffement for m�tgaga ',. :. . � =
<br /> • insiuznce�ds in acoords�nce with any wriuEn a�exmeat beivre2n�utmwer sud Lauder or ag�iicable law. �•'•� '. , -
<br /> _ 9.Ia�pec�on Leader ar its ageat may maYe rea�,ro�ab'e e�uIos upon aad inspect�ans of the Fro�erty.Lender shall give . . .. • .; _�
<br /> Bamuwer notice at�e ame of�s pn�to an�spxtion specifying rea�oaabte canse for the inspeaion. -. .�'"�`��"s
<br /> � - I0.CandiemasLiog. 'I�e psor,eeds of suy awFUd ar cJ�im far damages.daect�cnnssque�iai.in conalxaan with�►y . . ' '"�-=''�:
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<br /> �;;; oondemna�an ar ether Ctlring of any p�t of the Pmperty,or far conveyaa�e in lieu of candea3nation,are kereby essigned ead . .
<br /> , shall be pa:d to Leadri. . � ,�
<br /> Ia t�e eveat of a utfal ta�rmg of tk��ragzrty,tl�e piacee�s sl�11 h�sgp}isri t4 the su�s s�cumd Dy th�s Secauity Insuument, --,—= . .• ..-_,
<br /> a
<br /> whether or as�t thea due.witb�y eacess gaid oo Bmrocver.In the eveat of a pazda!�of the Propei4y in which the fair maricet � � ,.°
<br /> ° v81ue Of dte�ImpGrty immedi3Leiy befOZ+e dte t�fse��is equel Io Or�%[eaLet tban�Sm�DUIIll Of t4W Slls.u9 seCUted by lhis Sequiiy � .. r ``��
<br /> IPJ ' .,.::'z r.-�e:
<br /> Iastrum�eut immedia�ty before the r�tiag,u�s Boaower and Lender ott.�asvi�e ag�in wriimg,th¢sums s�ed hy dus -. �� -:: ��,:__4-_3:_,�.
<br /> ,._�._�-
<br /> Sx�auity Ias�ument shaU be red4ced by the ammm�t of the p�oce�ds mnIapSied by t!�folta�•ving fraqion:(�)the wtal ama�t of .'�:�;{,;,.:���;;�;�,
<br /> the snr�s sec�ared ir,�m �rp.t;r befare the taking,divided by(b)the falr ma�ket vat�of the Pcapeity immediaiedy 6efare the r;�.�;;s,,c�.•:-�:
<br /> . taldng.My balsncc sl�be paid eo Boaower.In the eveAt of a paxtial�ing af th�e Propxiiy in wbich the fair marlcet val¢e of tlte ' s :�_;��
<br /> � , prpp�y immefi',�tely befare the tataIIg is Iess d�a7J 1hC amOwut Of th�e s�un4 Se�IIe� immedi8..� 6efore tha t81riD , uNCSS °�-r:``�
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<br /> Haaowei and L�nder othetwise agrae ia wrmng ar un!ess applicable law oth�sarise pzovides,the pioceeds s6a11 be appii,�d to the • .�._._ _
<br /> ''':- snmg secured by th*s Sec�rlty Instr�ent whethca ar nai dre sams gre tfce�dne. '"'�'-� —
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<br /> If the Pmpeny is abandnned by Bmmwer,or if,af�rr aotice try IRaded m Boaazvcr thaz the candemanr offas tn mafcs� , ?��� `'�`
<br /> aw�d or s,eu1�a ciaim far dsmages,Boaow��.s ro r..spond w Lender wiihin 30 days after the date the aotice is givea.Lender ': '�,' , ��: �-.
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<br /> ' �s autharized tu wit�ct ffisd apply the pioceeds.ai its op�ion,ea t h e r w r�ss n ar repair o f t he Property o r r n t h e s u m s s e c a r e d - - --:,,�
<br /> �yyr�fiis Secauity Instrumeat,whethc,r or not thea�dne. "'��• ,�
<br />. Unt�ss Ix�dei and Boaower otheswise egree in wdtiag,any applicarion o�ps�xds to panapal shaIl not extemd or posq�one ��`�r'. ^�_,.,..:: _.
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<br /> '- �r�ne dare of the montLly paymeuts re�e,�red�in paragrt�bs 1�12 or cbsnge dc�amQnat of s�ch pay�eut4. � -----
<br /> � ��' ii.B�nawer Not Ret�ased;F�abgaYaaoe�y Le��iot��Pstiver. �on of the time far gaymeuL ar modi�aa �'-;->_ . `'=-°-==:-
<br /> �;;'�'�+ aF amaatizadnn of the sums cecmred by th��ity Insuument g�aated by Lender to�y saccessor in intere.st of Bmzawea s6aD �`_�:� - - --- - _
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<br /> �°:�� I�oi Op�'dSie�D[eleesC d!e lial)$iLy Of ike�l Bo�IOwCS oT BO�Ow2r'8 S�oCessoas ID u11�es[.I.p�det s63U IIOt be zeq�Cd�o i�r.{- ,`�:••_•.•_,
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<br />� �;�"r. oaa�m�Pruc�dinSs a�inst�����mr�rst or sefnse to extea�tince fQS�aeat�otherwise modi4'y am�oian of ".'.' ' " .,��;%`�`f..
<br /> , , the sums sec�aed by this Soatt�-r�t by reason of any demand made by tt�e�al Bauower ar Baaoa�r's suoce,ssoas �r v,: :- ..;,���r,�j��3 E r.�: �r..
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<br /> � m mt�est.An y farbearance b g Tu�`sr,:a�ce�cisting any ri�6t a3 remedy svaII mut be�waiver of or preclude the exercise of�nny � ����:� ;.���;{�:�1 •�,�,
<br /> • rightor remedy. :`. ` ', " ``�;
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<br /> li Sucoessops and A�a�s Bonadi Iid�rt gnd Several LI�6Uit96�es.The cove�ants aad ag�ements of thi� ��'". -.,:
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<br /> Se��ty Insaumeat shall bin�and 6e�eSn the succes�oss and ass'sg►.�;a:Le�dea and Boirower,subject�the pmvL�ons a£. � ,�., .` :
<br /> �'-'•� '�`• :�.
<br /> � �epr�h lT. Bonovler's ca�-�nt� aad agceements 1�L.be�omt� sevaal: kny Bomnwer who co-sig�s�t�is Seaaint � � i?•' ..,.5
<br /> �t bnt does a¢t a�ear�b a'`.�e No;�(a)is c�n-�g�his Secnrity Insteuau�ric�nIy to wo�e,�n r�u��vey ehas `���ss.� . -� �:�` � ";
<br /> . � ID�r;ower's mt,e�st in the Pru�t�w��r t*�te�ms ef +�ta�" �ssurity Insmunen�(t�}�mot peasonal�y obligate@�rn�ay the sffins ��. '�`�;'�';�; ��
<br />"'=�,'>``, se�ued D tt�is S Inst�stdt Lc�a�ees thar r.��and auy�a:ha Bo��rr may agxee ro exteud,mai!'4`g,f�t►earas �::; ,,'.� . ;;a:
<br /> ���'��� maice any acxaffimadatlans wa8 r�gsrd ra�¢�rms of tteis.��iry ���� ---
<br /> pn.stiumeat or the F+nz:,withmui tbat Bosmwer's coaseut .��f:�`
<br /> � 13 Loan Cbarges. If tTs�t�an seciued iry this�ea�lustrumeat is su6ject t�e law whicl�sets maxun¢�to�ebages. �'�-
<br /> . . c�tbat 1aa is BtiaIIy In��eerr,�so thai the int�st�o'.i�cr�charges coBected or w be wllecud�n cana�a�h the taan � ,-�:
<br /> a
<br /> ;�:.��.�� : • .,___
<br /> extae�d the petm�Ged limirs.t�ea:(a)aay such loan cha:ge sLall be reducet!by tbe amount necessa�y tn reduce�I:e.�arge to the nrr..�,rr�r•...
<br /> . pumitted lim�aad(t►)anY sums alreadY cotkCtea from Bormwer whic2�excended pamitted limits adII be refnnde�to Bo�rag:ec _�
<br /> � L,endpr may chdose ro m�e Wis refimd by redncing the ps�ipal ea+rgl ander the Note ar by maTdng a d'uect paymeui rr� ' :;�=-� `,-�
<br /> ose : .,�,;�.�..
<br /> : Bn�ower.lf a cefamd redw;es pdncipal,the re�c�n w�l be treased ss a pa�tial�t wuheat auyr D�i�'1�t� _,r�s� ,.
<br /> a r �. _ �r�n_ .''
<br /> �et eAe Note. '
<br /> � . 14.Notices. Any uaoce¢�Bormwer provWeA foa f�;t��eauity dns�nuaeat sYLr:J be gtvea by deliveriag it��(h,{,�a�mg it ' ^ r���;y_-�
<br /> nua ,�"".T'.�,,;�,
<br /> . by fas�t class mail�c�s applicab2e law aequnes use of anatha meih�'Ihe natice s�aU be d'uect�d tn the Proprabp Addresv or "'':;'�'�,�-�� . �. -
<br /> . �y other addz�ss Boaower�signate.s by nc6ce m LmQea.Any nodce w I,eader shaTl be�vra by 5rst cl�ma�w t�endat's - ,;: .�_ :`
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<br /> ' addnss statad 6etein�any otLar ad&asv Y.euB�desi�by ootice to Bflrmwer.My aoaice pmvided far iw this Set�iry ���.
<br /> . ;.."�' Innsrummt shall be deemed tn Qave be�givea to Hoaovi��t Laod�whea give,�av provided in thi9 para�rapb. '� .: - ; .� ;• _-
<br /> . ' 15.Goveraiog law;Sts�+aab�ity. 'Ihis Securiry Leuuament sl�all be govaned by fodasil iaw and tLnw hw of the � ��--- ��— "v'"
<br /> .� ve .��:_-�aa.:�� . —
<br /> .-�+'�•-.
<br /> j�srrsdicdon m ahirt�the Pib�ty is lacatcd.In the eveat thai�y�.�3S3on or c�ause of ttris Securiry Instrrum�c2 or the No'.rs ` .,F.�� -,
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<br /> canit�with a�ylicable Iaw.suc6 conflict shall not a�cet othear pmvi:�ccs of Wis Secmin►Insstr■mment�r the Note which can tas ,•..,... ...;�_
<br /> , givea effat withont tbse canflict�g pmvi�ion.To this ead the provisions of thig Seauiry Ias�am�t and the Note ara dectared to .�� .. ...-•�'��:�':: —
<br /> - � be sevetable. --
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