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<br /> , Rnymcata nmy n�>tran�cr t►c rc�uirai.nt the option of I..ender,if mort�qags insurar�cr c�v�age(►n the am°w'�an�for the period =--
<br /> that L.endet rEquit�s)prc►vidcsl by an insurer upproved by 1.end..°'-'again l�ecomx'a���:abte and is obtained.Sorrow�r shall pay �- .
<br /> . •�.� the prepniums rcquirr�to mn+ntain n�ortgage insurance in effect.�r to provid�a i�ss ce�.."rve,nntii the re9uirement far mortgage �
<br /> insurance en�s in acrnrdnnee�aith any�vritten agmement betwee�Barsnw�r an��'=r appticable law. ��r._,
<br /> • 9.ir.sacctlon. Lca�dcr ar its ager►t may make masa�sable emc?es upoz�and i�edax�ns of the Property. Lender st�all give �:-ti„_
<br /> �� Borrower rtni6c�at the time of ar prior to an inspection specifyir,�ieason�bk causz far+du�inspecdon. �
<br /> � !4.Condemaaatiori. Thc proceeds of any award or clair3 foz dama�, direcc'�r consequendal. in connec[ion with any --
<br /> cottdemnation or oihtr tal;in�of any part af the Propesry, or€.+r sonvejrati�e in iieu o4�.��demnation.are herebY essiS�ed aztd
<br /> �;-...;�
<br /> . shnll tfe paid ta Lendet. �'.-
<br /> In the event of a tMal ta):ing of the Property,the pmeeeds sirmt!�a�Fli�f t°d�su�s secur�bY�s Secur'sty Instsument.
<br /> � whether or n�t th��n due. �vith any cxcess pa�d to Borrower. In�evz�t�af a partial ta�u'.:�of the Property in which the fair �:_�
<br /> market value of t�.e Ptop.ny imtn�diately bcfore the tslting is eqaal ao or;gcEater eha� t�e�uunx of the sums secuned by t1vs
<br /> Securiry lnstrum�nt immadlatety before the taking.unless Borrower and'Land�QL'�rwase.a�i+r�v::riting,the sums secured by ��
<br /> this S�urity Instrumtnt �liall be rrduoed by the amourrt of the uroc�sraltislieel by 'e�►:r:tlJ.r•r.-ing fracxion: (a)3he toial �_:
<br /> amount of the swns scc�ncA immediatcly be!'are the tafdng. dive�e8 hy t�)t�:f�iz mark�ti:aTr�c€�e P�°gerty immediately �_,
<br /> Isefore the taking. Am balance shall be paid to Barrower. In tke�v�t aK a�risl�taki„�-����1?rPenY in which the fair �.-
<br />:,�:;• market value of tPt�e Propsrty immediately before the tnking is less�a�n'ihe�mv'�t�f'th=s�`�����ely before the
<br /> taking. unless Borro�+�ea and Lender othenarise agree in�vriting or a�i<^.ss�ipli�b�ltt�r�rt�-=�erwis��e�vides.the yroceeds sha11 _
<br /> �',,..•� 6e ap�lied to the sums scrurcd by this Sc.curity Instrument whether os not�th��:..:.s�re�.L�3ue.
<br /> If the Praper¢y ia abxndonod by Borrower,or if,after nouce by I:�na�t�B:ra��piac'2�t the condemnor mfFecs to ma�e an �
<br /> �'�:`.;� award or settte a claim fnr dnmages. Borrowe� fails to respond to L�nderc�i�»=:-3''i4 itn.y�aft�r s�e date the ao�cce is given.
<br /> ' Lender is authorized to oafleti und appfy the proceeds.at its optioa,ei�2r�eo^�2rn-e�aa�or r���of t�.PmpertY ar to the suros �';�-=_
<br /> secured by this Security Inatmmen�wheti�er or noi thei;�tue. --=
<br /> 1JnIesF l.ender an�l i3orrower•othenvise agree in writing. arry ap�ltcs�n� �r p!roas�s `.e �•ciFa1 s�'�"�eatend or �
<br />.;;�.y� postpone the due date o!the rnonthly payments referred to in paragraphs 3 aT�:����a�,�"-�e as"-�='of such�a.grau�►ts• _�_
<br /> '�,.;: 11.Bottower Not itelessesl;Eorbearunee By L.�ader Not a Wairar.,xYe��rc+��nF�e ci._��scr.*:ayme�c�ffiodification -
<br /> ��'�� of amorti�ation of the sums sscured by t4�is Seturiry Insuvment granted L���..ens}���$ny str.°�Yor�:�n*�:erest of Borrower shall ��
<br /> not operate to celease the liability of the original Borrower or�orrower'��snrce��s i�a iv�e�s�.tien��s:21t�ct be cecNired to �
<br /> . commence prace�dings sigainst any successor in interest or refiue to extend t'ttm f�r;pA�cn�crs s�r�adha�•*.�=�di�y amortvation �
<br /> gai
<br /> . ' of the sums secured by this Sccurity Instrument by reasan of any demand� ��e.�;�rha ari� �cT==''F'"�r Re B°n°wer's _ _
<br /> saccessors in interzst. O�ny torbearancc by Lender in exercising any right or re��s'hull a�s�be+a�+��.�er�rf ac preclude the �,;,,..
<br /> ' exercise of any right or rcmedy.
<br /> 12. Sucuesso�s and Asslgns Boue�d;dolnt and Sevcrul Liu6ility; Co-si�'s• "Je a;'�,se��nw�a�d agreements of this �•:�
<br /> Secissity Instrurtr�nt shall bind and b:nefit the su�ecssors und assigns of Y.ender snr�i i������, s�b��zct to t�provisions of �_
<br /> . . Paragraph !7. Borro«�r s oovenants and a�recment�S shall be joint and several. �my.lbar_��e+r r.�*o ce-�� this Security �
<br /> a�d oomey thau
<br /> ` Insmiment but dces nni eaecute the Note: (a) is rn-�igning this Securiry Instcumaa�crcc�ty T� r��s�e. �`
<br /> Borrower's interess in tho Propsrty under the terms af thia Security Instniment: (b)is rop�pe^=aoaQb�'�t=s;ated to pay the sums _
<br /> �"'� secvred by this Secari�y Inssroment:and(c)n�rets that Lender ai►�any other Borrawer, �.y a�z r�a�x:.."r.d.modifY.forbear or �_
<br /> ...:,.;�; make any accommndat�nns��ith r�egard to the terms of this Securlty Instrument os th�.�ic+te u::�:c�u4�u'���:trat�c�s cansent. �-`'-
<br /> 13.Loan C�►atgts.lf the toan secureA by this�ecurity Instrument is subject:5�.a 1;�w;.1;�:��at.�:r�.'�ma�f:�as�charg�s,
<br /> arnd�hat law is firrally interpreted so that the interest or other loan charges collecte� :n r��ea�:lec.a����.o�on with the = --_
<br /> I48D C7ICCC�t�tE�If11l1tCG IIII1115.then: (a)any such loan churgc shall be reduced by ihe�c�t+�uu�.��.'Y c�c�uce che cha�ge ___
<br /> to ths p ermitted limtt;anrl(b)any aums alrcady collecteA from Borrower which excee3a��wnd�cs�lG�,s wi11 be ref-anded to
<br /> " Borrower. Lender m�y cho�s� to m�lce this refund by reducing the principal owe�3�nnd;cu�;re 4'totc se L� �aking a direct �'_
<br /> � payment to Borrower. It a mfw�d roduoes princ3pal. the redaction will 6e uea�,� .as a �ite`,��5.. -��-x;�l!�� without any
<br /> prepayment charge u�er the Note.
<br /> 14.Notices.Any nntice to Borrotiver provideii for in this Security Instrument shall�sf gu���b��die��:ss�a��or by mailin�
<br /> .." it by first ctass mail nnless applicable law requires use of another mcthod.The notice sha113E��'im��G1 e:e�t�e IF':uPerty Address
<br /> or any otheT ad�ress S�nrrower designates by t►olice ro Lender. Any notice to Lender sha:1�be�in�iay T�'r �Fu��class mail w
<br /> Lender's address s+.�lod h•erein or any other eddre�s Lendcr designatcs by notice to Borrower. .�ny m.ci�.:�pno:��for in thia =_
<br /> ::�,�' Security Instrunaem sScafl b¢d�r,d to have be�n�ivcn to 8orrowcr or Lender when given as pr9��:i:3e�t.^.�,vg�nsms��ph.
<br /> �"tf;'':>�., 15.Goverai�tg 1.a�r; 5evc�t►illty. This �ccurity Instrument shall be govemed by fe:lc�a! ativ ;,u,��f i�e taw of the
<br /> `;«;:�; �• ir...:
<br /> � •L:- jurisdiction in�v7�i�tbs Property is lncatod. In the event that nny provision ur clause of this S�car'��y Ins�c;�::.3 or the PI�te
<br /> „ ' . wnflicts with appllc�b7e law.sach conilict shall not aikct other provlsions of this Security Instn:..^n�o:or C�s��cr::whictj cis 6�e
<br /> �� given effect witho.n tt►s conflicting provfsion.To thig end the provisions of this Securiry Instrumer�E:..�cc�'y�.�z are decdared
<br /> • � ��. to be severable.
<br /> : ' 16.Borrotiser'a Copy.B�rrower shall 6e given onc coniotme0 rnpy of the Note and of this 9��ti;,ar�s�iarr. _
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