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<br /> �ynxnts may nc� lanrcr be rcquiral.�t thc c�ptian of[.cncier,if nwutg;�� iiuuru�x�c���•eraQc lin thc Anxwnt wxl for th:p:riitiJ —
<br /> that Lcixkr ru�uires) providcd by an insurtr�pr:�ti•::!Dy !�»:tcr s�ain bccomes avuilable wxi is ot►tuinecl. Bc�rmw�er atu!! �Say
<br /> the prcmiunu rec�uiral ta maintuiu nwrtgag�inwrunce in eficct,or to provide a luss rserve,until tlk rcyulrem:.nt G�r moag:.,�:;
<br /> inwrark:�rtuic in accotdar►ce w�th any writun a�reenr.�t betw�i Hurruwer arw Lencler or a�lic�ble IWw.
<br />. 9. Iaspocttop. l.etxter ar its ugeait ntiy make reawnable�uries upan wa1 iacpectiatu af the Property. l.cnd:r sh:ll givt
<br /> G�rr.��er notire a�th.^.tim;,of a-prior to an inspc:tioh speciCy ing re�sonab!e r,ws:for the in�ection. _
<br /> 10. Coadeinaatioa. The procceds of�ny award ar claim for damages, dircet or consequential, in ea�utiection with s�ny
<br /> co�tdenu�atiun o�•ather taking of any part of the PropeRy.or for conveyance in lieu of condemnation, are hereby as.signed and
<br /> stLall be paid to Lencier.
<br /> In the event of a total tafcing of the Ptoperty,the proceeds shall be appli,,,:to the wms secured by this Securit�•Insttument.
<br /> whether or not then due, with any excess paid to Bonow•er. In the event o�a p:stial t�ici.e�of the Property in w•hicb d►� fair
<br /> mzrl•et value of ttie Pcoperty i��ly befare the taking is��u�l t�o.-��at�r:."s.:n u'�e amount of the su�ns sccured by thi� `
<br /> Securitg,�L•a�u-a:�:;ir�-�u;;a;aceL}� befutn tiie tat;ir.k.ainl'�s�ar.iwuu,��3�.,:�.::.:othcrwise�g�e in writing.the sums socurod by
<br /> thi; 5erui��.� f�,�cv�u�;+:d �:�a:; bc. reduced by the �wunt oF tL��ctxYCOS u��rsltiplied by tlu following frxtion: (a) th�;•total
<br /> " mnou►u oF xhe sums secured immediately before the taking. divided by(b)ihe faic muket value of the Praperty immediately
<br /> before the taking. My balance shall be paid to Borrower. In the: event of a partial tuicing of the Property in whirh tha fai�
<br /> market value of the Property immediately before the talcing is less than the amount of�he sums secured immedi�tcl�•btfatc thc
<br /> taking. unless Borrower and L,ender otherwise ugrec in writing or unless a�plicab� !aw otherwiie provides.tttie pmc�oecls stwll
<br /> be�pplied to the sums secured by this Securlry Insttumtni whtther or nut the wms ure thcn dus.
<br /> If the Propcny is ab�donod by Bonower,or if.after natia by Lender to&uniwcr thyt thc ccuxknuwr ufP�ta m�ke an
<br /> awactl or sottk a claim for ci�nu�yes, Bormwer f�ils�to resparxi ta l.ender within i0 JxyY�Qer thc�Wte thc nwice is Qivcr.
<br /> l.ender ia ruthatiud tu cc�llect��d wpply the pruceods.wt iw c►ptiun.oitber w restorwtlou or rc{w1r uf the Prapeny a�to th�wms
<br />: coeurod by this Saurity Incirumenl,whether or rwt ttien due.
<br /> Uttless Lender iuKl Borrow�r ottxrwise aprcc in writinr, wny applicatkm of pnKCals t� pr1�x;lpYl strall nat exta�d or
<br /> postpcuu the duc date af the m�nthlY paYnxru9 referrcd ea in para�raphs I und 2 or ciwe�e the unxwnt uf'such p�ym�nts.
<br />' I1.Borrorrer Not ReJeased;Furbwrance By l.ender Not a Wdver.8xtet�iun af the titne for paymeait or modifiauion
<br /> of atnmrtiutiun of the wnu bocurod by this Socuriry Inun►ment�rontal by L,eixler to any successor in int�rest af Borrov►es shall
<br /> not aper�te to release the liability of the ariginal Bonower or Borrower's successors in interest. Lendcr shall not be roquirad w
<br /> ooirunet�ce proceedin�s a�sinst any successor in interat or nfuse to extend time for p�ycnent or otherwisc modify amortiratian
<br /> of the sums secured by this Security Instnunent by reason of any dea�nd n�ade by the original Bonawer or Borrower's
<br /> sucassors in interai. My forfiearat�e by Lender in exercising any ri�ht or nmedy shall not be a waiver of or procludo t�
<br />� . excrcise of any right or rcmody.
<br /> . 12. Suoeacors swd Ascl�nc Bouad; Joint aad Several Lisbtltty. Co-signers. The oovenac►ts and agroem�nts of this
<br /> Sxurity Instrument st�all bind and benefit the s�uxessors and assigas of l.ender and Borrower. subLj�xt to the provisioas of
<br /> --- MefOlfef�l �?. �NW!g MVM11tItC l��If� AOfYY�IW{�C chall M =nin� Ailf� CM�M'A�. A11x RARAW.K W/N� O�1�C�P/►C ��HS �I,111�7�{I _
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<br /> = Instru�eac but doa not eacea�u the Note: (a) is oo-signing tFus Securiry Icutruurcnt onty to mortg:�e. gra��t �e uouvzy that
<br /> � Borrower's interest in the Property under the tem�of this Suuriry Inswment; (b)is not personally obligazed to pay tI��siuus
<br /> �'; securod by this Security Instnunent;and(c)agrces that Lender and asiy other Borrowu may agree to extend,modify.fot6ear or
<br /> mai�e any accoa�modations with regard to the tems of tlus Security Instnuneaz or the Note without that B,acTOwer's caaseat.
<br /> � 13.I.o�n CWrga.If the loan secured by this Security i�*�*+,��t is subject to�law which sets maximum taau charga.
<br /> and tis�Eaw is finally intapmed so that the interest or other lwn charges colle��ci or to be wllected in concnectius�with the
<br /> � lov�es,c�d the permitted limits, then: (a)any such loan cts�ege shall be reduoed by thc aawunt necessary to reduce tF,e cGarge
<br /> -�' W the petmiued limit:wd(b)any suttu already collaxod from Borrowu v�hich excaded permittod limits wiU be refi�aded W
<br /> �' Borrower. I.ender may choose to ruake this refund by reducing the principal owed under the Note or by maldog a diroct
<br />'��y paymea�t to Bomower. 1f a refuod naluces principal, the roduction will be treate� as a partial Pc�epaYcnent without wy
<br /> •i� PnWS'�t cl�rge under the Note.
<br /> -.st• t�.Notioes.My notice to Borrowa provided for in tEsis Securiry Instnur�ent si�ali be given by deliveting it or By mailing
<br /> �.g. it by first class mail unless applicable law reqnires use of another method. The notice shzll be directed to the Propesty Address
<br /> � or any other addras Borrower designates by notice to Lender. Any notia w Lender s}�ll be given by firsi cllss mail W
<br /> t Lender's address stued herein or 3ny other address I.ender designates by nocice to Borrowu. Any notice provided for ia tLis
<br /> Secvt�ty Instnunent st�all be dcesssed�to have been given to Bo�rower or izncier when giver�as providod in this p;uagrrgh-
<br /> '� 15.Go��aroinP I.aw; Sever�iilIty. This.Security fiastm:ment shaE� be govemed by federal law and the law of the
<br /> '� jurisdiction in witicl� tAe Property is located. tn the event that any provis5an or clause of this Security L�sutunent or the Note
<br /> conflicts�+iih appli.�bte law,such conflict s}�ll not affect other provisions of this Security Insirument or the Note which can be .
<br /> given efforc withaut the conflicting provision. To this end the F*_avisions of this Socuriry Instnunent and the Not�are dtd�rod
<br /> '� w be severabie.
<br /> '� 16.Borrower's Copy.Bonower sl�all be given une couformal copy of the Note ard of thic Security L�suu�ent.
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