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<br /> i P�3'a��rray no kx�;Y lu requirod.�i tho optlon of I.ender,if mortCstYo iasurance cover�a(in thc artwu�u and for thc period _
<br /> tt�ai l.c.tid:r cequires);r,c�vi�;lad by an insurer y�proved by lxa��ala bacoin:s a+��llxbla and is obsaLied. 13a�rower sYull��uy�tw _
<br /> � pr�u►iwsts�o4�irod w m�:ntaiA mortCaYc lastueirce in ei't'xt,or W provido a bcs rescrv0. uatU tAe tcquircmc��t i'or uwr�a,�o ;
<br /> insutaa.c eMSs in a000rcf�.^e with any wtitW�st�toenc�tt bctwau Borrower aud Lei�er ot��1lcablc I�w.
<br /> �i 9.Iaspcctioa, l,a�c'�s or its agmt may maica rexsowblo enuiea upou and inspoctlaa�of 1he Property. l�crulcr s�aU Qiva --
<br /> I Bc�crowrr naticr+u tha dttr•of a prior tn an iaspoction spocitY�nB rra3onab{e cwx for tho inspoctlon. _
<br /> + 1�.Ca�adt��tiuu. The procea�la of any award or cl�im fcr dnm�as. dL+oct or conscque�risl� in cannxdon with any
<br /> � ooAdxatin4tiaa ar osh�rtk+a8 ��Y P�� ��Y�a tor coavoyu�ce in leu of condemnatlo+L aro bereby assignod aad
<br />: .f slull b�p�d ca I.eut3:t. "
<br /> In thc ctieat of a Wt�l t:�8 of the Property.thn Pra'.eods shaU ba s�p�sliod to tha sumA secured by this Secwity Insuunua� �
<br />��) wtsettxr oc nae thu�duc.with any exe�ss psid w Bon�ower.In tda eva►t of s partla]talcing af tho Pro{xlty in whkh tba fair maricet _
<br /> '� v�l�e of ti�e Frapaty immediate�y bofora tho t�lciog is equal a o:�tesut thaA the�notuit of the swns socured by this Secwriey i
<br /> � Insuiuneac immodiate3Y b�f'ora tbe taic'vig� unkss Borrower aod I.enda otltie:wizo a�t+ee in writln��tha sums socural by this _
<br /> Security Iasaument sdall�e e+eduood Qy tlse amouat ot the prooeexls wu1dpl1od by tLe following fraction: (a)tha total anwunt of
<br /> tLe sums secund imn�ediately b�fora ttho�. dividad by(b) tho fair market�aIue of tho Aropa'ty immediatAly before the
<br /> tpYiag.At►y b�nca shttl be pAid W Barowdr.Ia tl�c evatt of�pattlil t�g of tbe Proprsty io which�he fair ma.-ket valua of the _
<br /> pmpaty imu�odiataly befor� the taldag is less tt�o the amau�t of tbe su�ns seauod taunediately before tho takiag. unloss
<br /> Borrow�cr mad t��det othawise agroe iu writ3ng ar unkss applicat►b law othc,rwlse provkks,the pcuceecls s6a11 be appliod to tba _
<br /> se:ms ao�uod Dy diis 5ocuritY Instrumeat wb�ttfer ot aot the sums are tAen due.
<br /> If tt�Ptopaty i�ai�t�udonod by Borrower,or if.�ftu aotice by L�eocler to Botrower tl�at the ons�de:aaor offas to m�ice an
<br /> award or settt�e a claim fnr d�s�es,Barowu fiils to respond w Ieader withia 30 days after t���d�te the aotiQe iv given�L.ender
<br /> is authorized to cot3ect a�w nppty tbe pcoceeas.At its option.eitbes a irsrontioa or re�aic of t�. Propacy or co Wo sums sxured
<br /> by tlus Security Iasuument,whether or not thea due. ��
<br /> Uniess I�rider aad Barowa otbawise a�roe ia writinB.aoY aPA��P�s m pdaG xl shW not outa�d or pastpone
<br /> � the duo dat�e of the moothlY WY�refurod to ia paragr�pi�s 1 and 2 a ch�a�e the acoa�at of sucb PaYmeats-
<br /> ii.Ba�rower Not Releas�d:Forbearasoe BJ I.e�der Nat a Waiver. fixtensloa of the dma for paymeat or modifr.a8oa
<br /> � of�asoctizuloe af tbe sums socurod by tNs Saa�ritY 1a�nuo�t BTaa�d bY I�eader�o�ny s�oa�ssor in intaest of Borrowet st�U
<br /> mt upaaee tn release ttje li�bility of the origiml Bamwer or Bonow�er's woo�ssors ia iata�est.I.eaBer sl�li not be roquh�od W
<br /> oommeeo�p�ooeediaB9 s�B�t anY�oc�ss�ia iata+est or refuse aar extayd dme far paymmt ar oth�wis�aadifY amo�dn8oa af
<br /> me sums s�cund by this Seeurity Iasuumeat by reasoa of any c�a�ad made by tlse origie�l Bo�rowa or Borrowa's snooessoc9
<br /> ia ineaat My forb�sraooe by L�da ia aurci�iag aay right or:r,mody stnll not be a waiver of a procIuBe the w�ercci�se of any
<br /> � ri�ht a ranedy.
<br /> � 12.Succarors aad A��s Boead:Jai�t�sd Severd Liabiiit73 Co-si�aers.'ibe oovauam nd �groemeaa of tt�s
<br /> Saan�v Iaqruoveat shaU bind aad bwef"u the svcassors �ad t�s�gns of L.eac1rr aacl Bo�m�+et,subject to the pcovltions of
<br /> � par�h �T. Ba�ro,va•s�ovm� eaa a�amm� sn.n be ja�O► ,oa �v�1. Aay �ac�+owrr �fio �o-�s u� �r
<br /> ,a Iast�ummt but doe9 not esocuta t1x Not�: (a�is oo-sigaing this Sec�ritY Ins�t oa1Y b moctga8�.�a�d oonvey thst
<br />—= Bocrawcr's iotarst in tLe ProQaty nnder d�e vrma of this Securiry I:s�umea�(D)is not P�Y��P�Y the sums
<br />-- sec�rod by this Security Iast�wneiu:aod(c)agroes tl�t I.eader aad my o�her Bor�owa Qaay agree w wcaad,modify,fod�ear a
<br /> � m�ic�aay a�oeommod�tioos with regacd tn ttse tr�ms of this Saauity Iastiumeat a tbe Note without th�t Baaowa's caoseat.
<br />_� S�b�Cbar�a. If tbe 1oaQ securod by this Sa�uity ias�turt�at ia subjxt to a law�r6ich sas uiuimum lo�cR�aa�es.
<br />-: aod tl�t taw is fmaliy i�uapcaed so tlnt tbe intaest a otber loao cl�rges wllected or w be ooiiected in camoction witb tl�io�a
<br />—'° eacc�ceed tbe pamitted limita,dsea:(a)aay sucb io�ai charge shill be red�oed by the ama�ot nocessry w radoce d�e chuge m the
<br /> — permitm�h��ua(b)�nr�ms alraay oonected from sonower which e�coeeaea prrmwoa maits�►iu be nfaoaea tn Bac:�
<br /> ' I,eada mrsy c]aose to tn�lCe d�is cef�ad by roduciag tbe p�oWed under tbe Na�c er by mJcina a diroct paymeat to
<br /> - �Bart�nwer.If a refuod rod�ces prsacp�i.tbe raWctioo will be t�rsbci ac a p�tial prq�ymeat w;thont aor P�Y��
<br /> under tho Nnte.
<br />_� 14.Notia�. My uiooce to Barowa p�ovided for io tbis Sec�uity Instrument shill be givea by de]ivaiag it a by a�ili�ie
<br />—� by faat c3�u�unkss appFicat�Te law requires use of aaother sndbod.'Ibe tiotioe shall be directed to dse Pnopaty Addc�es�a
<br />=� any ott�add�ss Bomnaec aaiga�br nodce w i.eader.aay aotia w Lwda shall be gi,►ea by fma class mau tn lmder's
<br /> — addresc atseed 4eirin ar aoy otba addrcss I�eodes desigt�s b5► ao6ce oo Bamaer. Any notice provided far in this Secucity
<br />:=i Iauiumd�t sbsll be deaned�have boea givea w�an�owa a I.e�da wbea givea as provided in this p�:agr�.
<br />�f 1S.Gover�Law;Severa6ii��. Thi: Sec�aity Ins�mmt s]nil be govemed by federal law �sd the laa of the
<br /> � jiaisdiaion ia w6ic6 the Propa'ty ic loc�ted.ln tLe oveat t�t smy peovision ar cla�se of this Sxiuity lasuument a tbe Note
<br />_'—`� 000flicc��L�ppiic�bie law,wch caoflict s1�11 not a�'ect otber provisioos of this Socnrity Inst�uaeat or the Note which qn be
<br /> _— �ive�effect w�it�out tbe�ofli�i�Provision.To thia ead tha peovl:ioas of this Sociaity Instruman�ad tve Note are declared to
<br />- be xv�le. ,
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