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<br />���� � 97� �.���� ���, � ���
<br /> payacents may no longer be rQq�ired,ai thc oPuon of Lendes.if mortgage insurance cuvedage(in tlie amount and for the period .' � -•. _
<br /> that Lendcr rcqnires)Provided by an insurer approved by I.endec c�gaaa becomes available and is obmined.Borrower shall pay the k . _. • _ -
<br />- pzemiams req u u e d w mainmin m o r i g a g e i�s�s a u c�i n e f f c c t.o r t a�m�l e a l o s s r�e r v�. ��n t i i�e r e q u i s e m e n t f o r m o r t q a ge t�_ — - __ -`-
<br /> insurnnce end4 in�cootdanoe with any arrittet►ageement betwe�Borrower and L.enda or apgticable law. . �}�
<br /> 9.It�p�etton. l.euder ar its agent may make reasonable entries upon and inspecdons of the Propercy.Lender shall give
<br /> Borrower noti�e ai thc time of or prior to an inspetbion specifying reasonable cause for the inspectian. . ' ` �
<br /> 10.Coader,nnatbn. 'I4�e pmce�ls of any award or claim for damages.duect or consequearial,in consiection with anY .. . ,.
<br /> � condesrmatinn or other mking af any part of the Property,or far conveyance in lieu of oond$mnarion.ere(nereby assigned and � • : -
<br /> shall be paid to I.eudea.
<br />• In the event of a tot$1 taldng of the Properry.the proceeds s6a11 be app3ied w ttte sums secured by this Security InsO�umeat, � .: .
<br />`� ' whether or not then due,with a�►y acce.ss Paid to Borrow�.In th�event of a partia!ta]dnB af the Progerty in which the fair market '
<br /> - ; -� - - ��_ •_<..,,- -
<br /> - ; value of the Property immediately before the taking is equal to or gneater than the amount of the s�sacmred by this Seauity -.
<br /> 'S Instrument imraediately before the taidng, nnless Borrower and I.euder otherwise a�ee in writing,the sums sec�ued by t�is .
<br /> � Seauity Insuument shall be reduced by the amount af ttie piaceeds multiplied by ths follewing fr�on:(a)the wial amaunt of , ..
<br /> � � the se�ms secured immediately before the ta3ting,divided by N)the fair marYet valne of the Propercy immediEtsly before the ._ .. . .
<br /> �g.Any batance�all be pai�d tn Bosmwes.tn the eve.nt of a parual rs�ing of the Property m w}uch the fair market valne of the .
<br /> Propecty immediafely before the taldag is less tUan the amount of sh¢sw�s s+acnred immediately befoie the taldng, unIess .. • � •;�;�-,�,,
<br /> � Boaow�and I.euder o�eawise agree in wrising oa aale�s applicable law otherwise pmvides.the pror.eeds shalt be apglied t�the . �+�;$.�
<br /> sums secure�by t6is Seauiry Inst�ument whethea or not the snms�e then due. ` �,�_-�=,�.:.�
<br />. , If the Property is abandone�by Bazrower,ar if,aftra nAtice hy LendQr to Borrower du�t the candemnor offers to make an �. --�;
<br /> award or seule a claim for damages,Boaow�fails ro respond to Lendea with�30 days aft,ea the daie the notice is given.l.ea�dra � �
<br /> �..•-._...
<br /> is authorized w wllect and agply the pmceed.s,at its option,eithea to re.storation or�pair of the Propaty or to die sa�ns sea�ed .; ..�..��.
<br /> , �
<br />., by this g�yr Instcumen�.whether or aot thea�dae. ; , . ��
<br /> Unlesg Lend�and Bmmwer oth�vvise agree in writing,any applicc,sution of pioceeds w principal shall not extend or post�one __�.
<br /> ti '
<br /> the due date of the monthly pa,}-�enis refe�ed to ia F�ag�aphs 1 and 2 or change the amonnt of such payme.nts. . �� ���°=
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<br /> 1 L B a r r o w e a N o t�e t�s�;F o r b e a r a�e B y Lender Not a 9Vaiver. fixtensian of the time for paymeni or modiSc�on ^.__._..:� - -
<br /> of amonization of the soms s�.^u:ed by this Sec+nity Instrum�t grannted by Lender to any successor in interest of Borrowea s h a t l
<br /> a
<br /> . not opaate to ralease the liab�ity af the original Boimwer or Bormwer's sncces;ois in interest.LenQea shall not be requued w ' �-'��-
<br /> oommence pracezdin&g against anY succ�soZ ia interest oz refuse w exteand time for paymenx or otheawise modify amo�on of . '�-
<br /> ., the sums seased by this Secmcity Insumm�nt by reason of any demand made hy the original Bouower or Boaowea's suocessois , r:_ - � ?��%" . .-
<br /> in inteaest Any farbearance by Lender in exeacising any right or remedy shall not be a waiv�r of or pnclude the ea�eccise of anY . �.',. '�F � { �
<br /> :,.'�� rigttt or manedy. •� . ' .:• •�,.:3� .-
<br />';�a�; 1Z.Sacoe�a�s an�A�s Bonnd:I�u��i and Sevesal Liab�iSy,Ca-signers.'Ihe covenants end agce�ments of thiv 4�.
<br /> . z�:� � _
<br />'-�µ�::• Se�ity Ins�nmznt stmII bind and 6ene��e successors and as��ns of L.ender aad Borrowe�subject to the piovisions of _,;(�,���
<br /> +. �:.�
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<br />;:;,;�>° h 17. B�aower's cwvenaats and ag�uents shall 6e jai�a�d several. Any BoYra�r u�ho co-s�s this Seasity � ��;:i,
<br /> --.,r P�P t and conv tbzit ` ,�'�-
<br />� Insuument but daes noi ez:ec�tte the Note: (a)is co-signing tbis Sec�sity Insonuae�24,.1y tn r,�gagb� sa the sum9 :r�.,�����i
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<br /> Bomower's B►terest•in tha Pao�ertyr uader the trams of this Security Instramea►�N)rs at peaso�Y 8� PaY • k :•.
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<br /> secured by this�euuritY In�ernmen�and(c)agrces U�at Lemder and aay athea Borrower may agc�tn extend,madiJy.forbear ar '}i :'=
<br /> . . maYs any accommodattons vrith regard to the t�ms of�his Sea�rity Ins�ament or the Note without�Bosrower's cons�t
<br /> n � . ':
<br /> 13.Loan Chargea. If the loau secared hy this Secarity Iastmmeat is subject w a law which sets a�aximmn loan ct�arges. �� 'r_� ' i', ::
<br /> isr .
<br /> and thai law is fmaliy inteapreted so that the i�uerest ar ather laan charges coIIetted or w be collette�in connection witD the Inan _ ,�:�:�,�
<br /> • exceed the pe�rmitt�d timis.t6oa:(a)anJ►sucL loan ct�se shall be iedaced by the amount necessacyr W teduce the ch�Be w tha : �` ��';
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<br /> permitied li�ni�and(b)a�'ry snms elrezdy collected fmm Bmtmwer whicb exceaded permiited livaite w�l be refuuded w Bormwer '�-��
<br />,:�'�'; Leader may choose to matce this refmcd by redncing the princ��c�sated�der the Note or��xnaldng a direct paymc,nt m _,�.����=
<br /> � Borrower.If a refund�duces Principal,ttie reducuon wU 6e u�a1 as a paNal Pre�ayment�'st'aaat aaY P�PaY���� ' ,t�::,::
<br /> . uuder the Note. `?��•� , �� •-
<br /> d �� f�
<br /> 14.No�s. Any acar�c�o Barrower provided for i��s Seauiry lnstrument sh�11 be given by deHveaing it or by mailing it �-�: ',
<br />. by fast class mail ualess applic�able law raq�ires use of another me�`r.�.The noticce svall be di.��to the Propeny Addresg ar �--��ii;:--
<br /> e all '� , .
<br /> ��;,�,- �
<br /> t;�:::.:.
<br /> any other address Boaower designates by notice to Lend�.Any netic�to Le�der shaD be givar��fust class ma�7 m Lend�r's }�; , ` ` ��.���j�`..
<br />. , eddress stafed herein or any otb�address Leader desigaaies by notice to Bomnwer.My notioe p.rovided for in tLi9 Securi.'y i��•::.:-.�-L��=
<br /> j�R..._ �s_�rw. -
<br /> . � Ins�t shall be deemed tn have been given t�Bonowes or Lend�when given as provided in ths�a�ag�apb. •s���;';•"`=�"?.�:�"'",-
<br /> ' 1S.Governing Law;S�verabilitq. 'IhLs Secarity instrumeat shall be gavemed by fedc�al law and the 1aw of the ,�yl�.��n��-� �'.:
<br /> jiuisdicdon in whtc6 the Property is lnrated.In the event that any provision or clsuse of this Sec�aity Iasvnment oz the No� �+�.'::.-.:.:-..o..��. _
<br />�;,:'�;;. conflicis with applicab2e taw.such confti�.¢shall not affect othea pmvi��ns of this Sec�aity Instr�vr.a�t or the Noic whicl�cz��ca - ,,::� �,°'•:�...
<br /> '.+F`c`' glven effect without tde confliGing pro�a.To this�d the prnvisia�:s of this Sec�aity Iasua��a and the Note are declared¢o .���z�?;`'
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