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<br /> � P�Ymt:sts may rto longcs be rcquirod.:!th:,o�clon of Lc.�:r�i�`martR�a insur^.n:.:.cavrr�g��th..�wiuit arsd for tt�:.p:riod -
<br /> � clsu L,uxk1 roquires)providrd by an irsurar a�rovcd by i.en�r agalu bocoiucs av�ilabJc�r�d is c�btai�s.xl. Borsowrr rhall pay tt�e
<br /> --� premiuius roqulrad iu�nataL�a mart��� incurw�ce sn�fE'�ct,ot io provida st Wcs r�serve.wtiW tbe n�quircu�ail[a mortyr�c
<br />' i iasar:sscc cnds ia�c�cord�nr.a wiih say writtcn�tgrocrucni betwc�a Bormwrr end Luukr ar epplir:bk:law.
<br /> 9.Iatpectio�. i.eader a in eg�at may mal�e•�u•�,•*4 rn�ies u�oc a�d ir.s�xti�*+a of t1u Pfro�eity.I.endcr slsall givc -
<br /> Borrower notke at the time oi or prior w�n iac�octbn s�csYic�rc;wnibk cause fa the insnocctiva.
<br /> 10.C� '11tio procoods of aay a�ward or ci�im far d�m�ges. dlroct or consequeatial.in connoctinn witG anY =
<br />� �n or otha ta{cic�of u�y poct of the Propaty.or for coavcyaocc ia 4w of condema�tion.ore t►creby assi�nod and
<br /> sl�aau be pa:d a Lenda. -
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<br /> In tde evau of�WW taking of tbe Property.the proceeds s�W!bo appllod m thc suaLC secured by thic Socurity Insuunuat,
<br /> wbalKr or aot tAen due.with any exccs9 ptid to Ba�rawer.In thc evcs�l of a partial taking of thc Property in which tLe fair market =
<br /> value of the Propaty immediately befora tAe cakia,g ir eqwl a or g�eater thea tl�ee aa�ount of ttye sums sacurad by this Sxurity `�-
<br /> It�ua�du imoxcWeeJy beforo tlte tairiag. uakss Botrowet and I.oatlet athawlse a�t+x in wcitiqg. the sums sxuc+ed by tbis -_
<br /> Socurity Instrumau slWl be retluoed by tbr aawunt of the proceeds multiplied by ttk folbwiqg fncdoa: (a)tDe wtal amouni of —
<br /> tbe cums soc,�u+od : •••ay befort the takin�. divided bY(b)the fair rn�rk�et value ot'tAe Pe�operty inunw-Fiut�riy befone the =
<br /> t�ldng.My i�let�oe sh�ll be p�id Po Botrower.In tLe eveot of�pattial t�kiug of tLe Property ia wbicb the fa�a�a4�e2 v3lue of tbe -
<br /> Ptuperty imabdiately beforo tbe talcit�g is k� tl�a the atnuuat of the sums seeured unmediate]y befote t!�raicing.unkss =
<br />.� Barower�ad Lasder otl�rwice�a ia wtiting a unkss apQticabie 1aw otha�wise provldes.the prooeeds sl�ll bo�pplied ta tde _.
<br /> sums sxiuod by tbis Security lnshumau wbether at aot tbe sums m thm dua �
<br /> - If tLe Pro{xYty is�b�adoaed by Barowa.or if,after notice by I.eacler w Bo�zov�.�er that tbe condemoor c�ress ta m�ke aa
<br /> award or settle a cl�i�a for d�n�ges.Bomewsr fails w respoad to La�der aithia 30 da}�s afta tt�e date the notio�ns�iven,Ira�lea �:
<br />- is wthorixed o0 oolloca aod apply tTx prooeeds,nt itt option.eitha oo restoratioa ar repair of the Pr�pnty a to tlse sums sar.a�+p3 -
<br /> by d�is Secutity Laswmeat.whetber ar tat then due. _..
<br /> � Uakss I.arder aad Bamw�er ott�wi�e�gree ia wridng,any application of praceeds w princi,�!saall not e�eead or postpooe
<br />,.� tbe due date ot'd�moad�lY WY��refared to ia pa�gra�hs I aad 2 or ch�nge tLe a�aouat of sucb p�yme�. --
<br /> 11.Borraa�er Not Rdaued;Forluaraaoe By I.e�der Not a Waiver. Fvcteasioa of the�mo far paymeAt ar modificadon
<br /> = of anoortiz�tioa of d�e wms iocurod by tbis Sec�uity Instrumeat graoted by I.ender w any suooessor ui int�rst of Borroaa st�a7l
<br />-_] not oQente oo nkave die linbility of tbe atigit�l Bomo�ver ar Barowet's suoces�ors in inu7esi.I.ander s6�11 nat be requ¢ed to
<br />'=; oommeaoe Prooeedin�s aYaiast any woa,ssor ia iata�est ar refuse to extuW�ae far paymast or oth�7wise awtify ymactizsrioa of
<br /> • the s�u socurod by this Seauity Insaucodu Dy rea�oa af auy dana�d made by the ar�ginal Bomo�rer a Ba�raw�rr's suooe,s�ors F
<br /> m iak�rst.My fa�be�caoo�by Itader in exa�citin��ny r�6t a remody s�l1 not be a waiver of or proclncle the ra�cise of any
<br />_ �st ar nmodY•
<br /> . 12.S�oas�oPS sad Af�s Borsdc Jat�t as�l Seva�al l.Vb�lit�:C� 'Ibe wva»aro aod ap+eaneaci d' mi9
<br />—._ $OC1YltY lIIff[L�t fh�11 �tOd �d btalflt thC fIl00CflOR �Od ffBiQOY Af LlJlt3rf anrl B�tnrfvilij AihiM! In Nr!mwisim! �f .
<br /> p3T.1QTit� iT. BOt[OWGt�t CaV2Li7i4 �1 �$i�CiOCAL4 b�1�1I bFS�Diat �d 9EVPl�1L M�l B11(tOw�t W�10 C4S1�1S Ibli SOQIIItyI -
<br />- . Fusuumeot but does aot wcecuie tbe Wote: (�is co-signiag tLi4 Seciuity Instrummt ooly w mactg�gc.8r�nt anii cmvry tlat
<br /> . Bare�aa�'s iotrrest ia the Piopeiry w�da tbe te�ot'this Socurity L�nuoe�(b) i�aot Pa�o�IlY obii�od a P�}►tDe r�
<br />-- soeiae�bY thi�Sacwity+Inacumm�aad(c)a�ees th�t l.e�da aAd�ay ot6er Barower may�gree�eaclmd.a4o�iiy,forbea�a
<br /> , make�ny aocaauaodadonr wit�reg�d w the tams oE Wis�Sxw�ity Iastruiaeat or tbe Note aithout th�t Bamowa's consa�t
<br />_ 13.Laaa C6sr�p, If the bvn sec�d by tLia Socttrity Insttunreot is subjeq w a law Mhich�ets muim�m loam c�urgp. -
<br />_ �od tLat lanv ia fin�Uy inodr��retod w tl�t tbe io�erat ar ott�io�n ch�rg�,s coilected ar to be oolbctod ia 000aa�ioa xi�t�e 3oao =.
<br /> eucad tLe Pamit�ed limit:.tLea:(a)any wc1�fao chrge sl�ll be redaioed by t�e a�oouot neoe�sn►�o reduoe ti�e c�rge b t�e
<br />= reimiCOd timi�aoa(b)any sama�craay couoctoa fnom saem�a weicb e�ceeaea pamit�ed limiis,v,�l be refuaaoa b smro.�rr.
<br />- , Laxia msy clwose to malce thic refimd by reducing die principal oxed uoder We Note ar by m�g a d�ect paymeat n�
<br /> Basoa�er. If a refund red�oa priocial,the nductioe will be�c�eat�ed as a P��P�PaY�t a+��Y R�r�mt ch�c�e
<br /> uotkr the No1e.
<br />:= 1�.Notk+a. Aay aotice b Bu�ro�ra provided fa ia d�is SeGUity Iawua�t tball bo givm by e3e�ve:iog it ar 6y mailiag it
<br /> . by�nt c4ss mail ookas appiicabie la�v roquii+a uae of iooifkr mubod.lUe nodce shW be direcied ro the Ptopaty Add�as or
<br />- . aoy othei a�tdraa Borro�rer desi�naoes by ootice to I.eader.My notice�u I.a�da s6�i16e givea by 5rst cLss m�b i.eoda'a
<br />= ad�rar st�ed bnr�a or ay odra addrcss I.asder desi�natq by no�ice t�Bamwu.Aay aoece provided fa 6o tLis Saairity "-'
<br />� : tawuma�t ahiU be damed to 6ave beea givea w Bai�o�wer ar l.e�der a6a�givea as provided m ttw p�ragrap6. �`�.
<br />-' , 1S.Goveni=Law:Sev+erab8it7• This Sa�uity U�vmwt s1�11 be gnvanerl by Fed�1 law aod t�e law of the
<br /> �' � ju�is�licnoo iu M6icL tLe Property is loc�tal.In tbe�veot tb�t aay grovisioo ar clause of tbis
<br />— 000flicts�vuh�pniicabie Lw�such 000flict diW oot a�fax olbex provisioas of t�s �'Iawumeat a the Narc _
<br />= � givm�'ect waUiout tbe ooat�provisioo.To tmt ead ebe provitions of this �Insu�meat ar tbe Nwe whicb can be _
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<br /> �. �� Sacnriry Ia,swmeat aad d�e No1e arc d�eclared to
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