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<br /> � � @�a t I r u d e tA r��p���f+Y e a i a s u r e t a P P���Y���°becomes avaSlebls and is obtained.Bon�►er�sll gay .
<br /> < . �.;� at �in effe�i.or to Pravide a toss�se�►e.�til the te4vire m c a t f o s m c rt g a S e •
<br /> _ �pn�iums iequired ta maintain mortBaSe� � , ' < . . .
<br /> . .: inaurance eads in acrArdance arith any wriuea agteemeat betweea So:mwer and Lendcr or sppgcable tsa. � '.
<br /> �' ' � ``���� 9.Iasg�sftoa Le�der or its ag.�t may make teasonable mtaes upoa aad�nspec�an�of tha Fmgzcty.Leuder eba118n+e � - - -
<br /> - - --- -._�' gorrower notics ai tha ti�of or ga�r to sa inspectian specify'mg teascmable caase for the inspection- ' - -.-i V t_
<br /> � 10.Cea�nuatfon-'l�P��of aay aa+a:d or ctaim for damages. d'u+ect or oo�ns�qw�tial. in cronnection with�r V.. ,� ,
<br /> ce ia lieu of con�effi►ation,a:e henebY assig�� . `•
<br /> � . , .�r: ooademaatian or other takiag of aay psct of the Pcopeity,or for coaveyan `'
<br />_ ` ' � � sUa11 be�id to l�ender. this SecairitY Ins�eat. ` - ::r,
<br /> • Ia 9ia evenl of a tomllamng of the Pmperiy,tha P�noced9 sl�sll he appli�W the suma secured bY m cvbirdi the fair - �
<br /> , whether or not d�dae,with say�cxss Psid m Boaower.ln ths event of a�ti�1�8 of the Prcperty' . _ . ..
<br /> . market value af�e Ptogest9 i�iatelY befam tha mking is eq�al to or greatet thaa the amo�t of tbe sums�d bY� .. � .
<br /> � Secntlry In- ,,,ene�y Uefore th�taking,unless Enrrower aad I.endea othe:wise agc�in aratia$�the sums s�ctu+ed by '
<br /> this Secarity Inshom�t e�all ba t�i¢sed bY the amouat of the g�9 muItipfied by the foltawmg 5act� (a)the total � 4 `� ; .`
<br /> � y the gair matget value of the Ymperty immediatciY
<br />- � � a m o w t o f t h s e u m s s e c a r e s l mm m s d i a t e l 9 b e f o s e t h a m�n g,divided b 3►(b) Y� , s•z° �
<br /> � � of the P,r�aPeriY m w b ic h t h e f a I r ' ''`�
<br /> ;. . . =: befare the takiag. AnY balan�e ahall be paid to BoirBwer.Ia the aveai of a partial�n8 : . _
<br /> ',. ' .` '`' ma�ket vatae of�a Propet�y ium�ediately befona the takiag is tess than the amot�of the s�ms sec�tted im�aLe19 befata t�e =___
<br /> ' .4 ts�ng,antess Boaower aad L�der othesaise a�rea ia°n i�ng°z t m l e a s s p p l i c a b 2 e l a w o t h e r a r i s a p r n v i d e s.dta�e1� ` � .�=_-;
<br /> � .. - �BPP�to the sums aecatted bq 11�s Se�rtY In�m�i w�Qr not the sums az+a the�dna. � ,:. S. -
<br /> � . If die Ie,nder to Boriower t3hat the condemnor offe�a W make ,,� ,.-
<br /> _ ' .�; property is alr�daned by Borrcwer,or i��notcce by . -
<br /> , '. - awatd or s�l1e a ctsim for c�amages.Boa�wer f�a ta csspond to Le,nder wiBs�a 30 daye aRer @�e date the aotice is giv�. - -- -
<br /> .,�'; I.e a�d e r i s s u t h o r 3 a d w c c llect and a p p l y the p m c�e d s,at its optlon,either to nstoration or repair of the Properiy or ta the s�s , -
<br /> ?' whetber or not$ien dua . x-�!.�r_�
<br /> . ' ' secuzed b9�����' Er ebaU not eau�d or �-
<br /> . � Unless Le�d�ead Bonawea otheswisa sgcee in writing, aaY aPPl�catlon of prnc,eeda to principal << ��� �.�,�,' _
<br /> ° ._ .� ,. postpcfle tha dao daLe of the maathly paya�ents tefercrd to ia paragtapbs 1 aad 2 or changa the aatount of each paymcnia _.:;.,:�.�
<br />.;�` - ,..,�.-_
<br /> 11.Bormwer Not Yteieased;Forbearanae BY Lendes Not a Waiva:Buenaioa of tha t�am for payc�ent os mo�fication ,.
<br /> . s
<br />-'• of amioiti7atloa of the s�ms secaced by this Sec�uity Ins�ument granted�►Y Lender to sny suc�sor ia interest of Bcrmwea ehall :.,:'�__- °_
<br /> ,� 's soccessois in intere�.Ir�des sball not bo�equired to ' ,. �T.�
<br /> ` . . . � ::;i: ` not operata ta retease the liability of the a�iginal Bon+awer or Bosnowea • �•�.;-�_
<br /> � '�.;:�� commence p�inp$Saa�i e�Y��3 in infesest or�+ef�e ta e�ead time for gaymeat or o�etwisa modifY smfls�i°a . �'F.�-
<br /> . of the r�tms secured hy th�s Secauity I n a�t h Y se�asan of a� demaad msda by tba or'sgiaal Bosrawer or Bosmwer's ; � :'�.-�
<br /> fczb�ance I.ender ia exei�eiaing�Y right or remedY shall not be a waiver of or p�clnde Qte - _ "`�_.
<br /> . . succe.sgois in intere�t.Any bY � ' . . , ,,�:
<br /> " ' �y,�
<br /> � � exen�tae of any dght os sem�y. Tha covwaate and sg�meats of tLia � - ;=.3
<br /> •�.�� . ' _ ]Z.S�coe�mrs am�A�i�Bot�df 3oW aad Sevegl Iaa6Nt9�C.o�si�'�. : ._ .,:.�-�;-
<br /> --" � - - .'-i; 3eauitq�ns�ume�t eha11 biad and benefit the au¢casgo�aad assigps of Le�der and Borrower.eubj�t to tAa provi�ons of � Q i� .. _°
<br /> e�t �• <.-._
<br /> , � � paragraph 17. Borrower's covenaais and ageemeats sLaU 6e joiat sad several. t�1ny Borrawer who � �� �
<br /> tl�Secarity+Insuumffi only W mort�e.S� � y-J;'`
<br /> . . Iastrum�t but does not executo the Note: (a)is co-signing sa aot ersonally obligated to pay the sama ' :�� .�:
<br /> ' '. � Bortower'e intetest in tha Pmperty uader tha tesm9 of this Secauity Inst�ument;N)� P ,. +`k.
<br />' 'c • � � ' secu+ed hy t�is 5ecurity Instrume�tt e�<�)a8��t I�eader aad auy other Borrower may agc�a w exte�d,modify,foibear or _ . __
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<br /> ' malce any accoamnodat�ons arith zeg�rd w the terms of this Seauity Instrament or tha Note with�s that Bomawer a coase�� .
<br /> .' ' • ]3.Loan C6stg�.If the loaa secated by tbis Secariry IasWmsnt is subjed to a 1aw w�5ch sets maximnm loaa cL�. , .;:�-
<br /> ' � � so tbat the intazeat or other loan o1�srSes wllect�or w ba coIIected iu coffiec$aa wi�t2ce . . =-
<br /> t e • .� '
<br /> 4. . . . , aad that law la finsilIy i�pseted � :. ._.. _ � -�-
<br /> � . �� loaa exceed the permiue�E�its.tben: (a)aay such toaa cbarga ebaU be ieduaad lry @�aatouat ne�9 reduce the chaiga :;,,. ,
<br /> �•<:•,
<br /> � to th�pes�iC�d limit;aad(b)an3+sitms et�dY coltected from Bonawar which exce�al permiued limits will be reiim�ed w ... ::..��:-
<br /> . , ..
<br /> �:•�� .'.�..' Bormwer. Le�der may chaase to malca thia refuad by :educing the principal owed under tho Note or Iry�alcia�di�ct
<br /> . � payment to Bon+owes If s reflmd reduces principal, the reduction arill ba treated as e patdal P�PaYm� y _ . _
<br /> �' • prepayment cl�targe tmder tha Note. • . .. ..
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<br /> . , • � 14.NatIcPS.Any notice to Borrower pmvided for ia this Security Instrument shall be givea 6y delivasing it or by mailiag .
<br /> ' it by fiiat class mall unless applIca6la law requires uae of anothet methud.lha notive sl�all ba dfi�ected W tfle Propesty Addres� .
<br /> � . ar any other eddress Borrower desigaates bY notIce w I.ender. Any notice to I�ader aLal! ba givea hy firat class m�ll to . ..
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<br /> � II.ender's eddress stated beiein or a�+other address I,cndei designates by nottcs to Borrower. Any notIce pmvided for in this .
<br /> . Seairiry Insteument shall ba deemed w hava been gtven to Bonower or Lender wh�glvm as provlded la this paragtaph. : _ � �
<br /> - � 1S.Governjn� I.aw; 3eveeabili4y. This Security Iast�ument shall ba govemed by fedesel law ead the law of the � '
<br /> � jurisdtcaon ia which the Froperty ia lacated.In the event that any pmvision or ctause of this Secority Iastenmc�t or tho Note . � .
<br /> � � � contlicts wc"r3 applicable lsa.auch comtTiet eha11 not affect other provisions cf Wie SecurltY lnstrumr�t or tha Note ahic�cxta 6a
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<br /> ' gtvea effect without tha coaflictiag paac'ssion.To H�ia eud the pmvi�ons of this Securlry lastrument aad the Nate are daclanad . .
<br /> � • LO b9 BEVCr1b10. in �m IIt. �
<br /> 16.Borrower's Copy.Botmwer shall be pvea ane conformed copy of the Note aad of thia Secueity .
<br />. � 114- 1615 Fam soas fl�o . �
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