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<br /> paymcnts may no longcr bc rcquircd�at thc option of Lcnid�cnrde f g�Ba�o ��ble and is obtaincd.Bonowcr shall puy U�c j
<br /> • that Lcndcr rcquirc.4)providcd by en Insurcr apProved by I -
<br /> premiums rcquircd to muintnin mortgagc insurance in effec� or ta pravidc a loss��'�• �ic ble law[�uircmcnt for moRgugc�
<br /> �8�������r��W;th any wdctcn agreement Uetwccn Bonower an�a s���ons of the Property I.endcr shall givc l
<br /> 9.Inspection. Lender or Its agent may makc rcasonablc cntries upo , �-
<br /> .. Barrawer nodce at the ttme of or prior w an inspecuon spGCifying reasonable cause tor the inspecdon. _
<br /> mnation. The proceeds of any award or claim for d�ema8es, direct or consequentfal, in connection with ac►Y � -{.s
<br /> m
<br /> 10.Conde or for ccnvcyancc in ueu of condcmnation,arc hcrcby as.9igncd and�.i • �
<br /> condemnation or other taking of eny paet of the PropeTty. . ;.�--
<br /> shall bc paid to Lender. thc rocceds shall be apPlied w the sums secured by this Sccurity Instrurtcnt,� . ,. �K=•--
<br /> In the ovent of a total takir►S of tl�e PropertY+ P pf th�property in which the fair marketCr.� ��r,--
<br /> whethec or not then due,with any excess Puid to Boa�we.�I�n�o=��"��°�r���unt of the sums secured by this Securiry � �",
<br /> - value of the Property i�r►mediately before the takir►g �1 �
<br /> the sums socured by this
<br /> Instrument immediately before the takin8, unless S°rr°wer and Lender otherwise agree in wriqr►8. ;_
<br /> m��iplled by the following fraction: (a)the total amount of . ..
<br /> .� Seeurtty Instcument shall be reduced bY t�e amount of the proceeds �mediately before the •
<br /> ��S�� �cured immediately before the takinB.di�ided by �) t1�e f��Tke1 value of th�W ich tt►e fair market value of the ;;���'�""
<br /> � of the Property �
<br /> �8•�Y b��shall be paid w Bocro�ver.In thc event of a partial takin8 .,.
<br /> p�perty immediately before the taklr►g is less than the amount of the sums securedde���l�s shaU betapp Bed tolthe `'' ,.
<br /> licable law othcrwise p -""
<br /> Borrower and I.ender otherwise agree in writir►B or unless app . __
<br /> s�uns se�ured by this Seciuicy Insuument whether or not the sums���nder to 9orrower that the condemnor offers to msilce an _-
<br /> ' If thc Property is abandoned by Borrower.or if,after noace by '
<br /> nd to Lender within 30 duys after the date the oo�theg�ums secared �"'���=°
<br /> award or settle a claim for damagcs.Borrower fails to r�spo _-
<br /> � is authorized co collect and apply the proceeds,at its option.either W reswradon or repair of the Property -
<br /> �• by this SecurltY Insm�c►ent,whether or not then due. ���on of proceeds to Principal shall not extend or postpone `�- -
<br /> ;�:x:.�.—
<br /> Unless I.ender and Borrower otherwise agcce in'Nriw►Shar�Y�Pd 2 or change�he amount of such payments. a_=
<br /> � the due date of the monthly paymcnts referred tn in Pa�B�p :=
<br /> 11.Borrower Not Released;Forbearance BY�nder Not a Wa�by�nd�eT to a°Y succ�s�rf�►��rest of Barrower sha�1 ?w�r��_
<br /> � oi amorrizarion uf tlia sums�xure�by rhic Security Instrument Sran ,:.-�- _
<br /> not opecace to release thc liabiliry of the orlginal Barower or Borrower's succa.�vls in�����a"-r�hnll not be required to �..•—
<br /> commence proceedin8s aBainst any successor in u►�n ofran d mand made bY the original Bo ower or Borrower's�ccessors �"'—"� "�'
<br /> the sums secured by this SecuritY Insaument by reaso Y ����;r=
<br /> " in InteresG Any forbearance bY Lender in exercisin8 a�Y n8ht or remedy shaU not bo a waiver of or preclude the exercise of any — ,=
<br /> right or remedy. ments of this c�,-
<br /> � 12.Successore and Assigns Boun�dnefrt��e successors'ar►dbiassygns of iL.e,nder and Boaower�subject�e provisions of �=
<br /> +�, '� Secudty Instrument shall bind and Bortower who co-stgns this Sec�rlty s�`
<br /> e. paragraph 17. Borcowec's covenanu and agreements shall be joint e�d ���o�y � mortgage.grant acid convey that _�
<br /> ' Insuument but does not eaecute the Note: (a) is co-signing ti►is Security obu ��pay the sums .-�
<br /> t' undcr the terms of this SecurltY Insuun►�°t; Cb��not personallY B ^
<br /> , �• Bomower's intemst in the Prol�enY �at Lender and any oth�r Bv�Wer may agcee to extend,modify,forbear or _
<br /> �, secured by this Security Instrument;and(c)agm�es Ins�ent a the Note without that Borrower's consen�
<br /> make any accommodadons with regard to the terms of this SecuritY -
<br /> 13.Loun Cdarges. If the toan secured bY this Secunty Instr�ment is subjcct to a law which sets mauimum loan chacges, _
<br /> , and that law is finally interpreud so that the inte�r�t her eeshall be reduced by the amount necessarY to redu the harge to the �.
<br /> � excoed che permitted limits�then: (a)any such 8 ���iu will be refunded to Borrower. �•`--
<br /> :s � —
<br /> -� permitted limit;and(b)anY sums already collcc�ed trom Borrower which exc:eed pe —
<br /> M Lcnder may choosc to make this refund by reducin8 t1►e Princlpal °W� �d����a ment wythout�anY prepaYmen charge
<br /> � _—
<br /> Borrower. If a refund reduccs principal, the reduction wil1 be ueated as a Pa�t� p p y
<br /> ; under the Note. --
<br /> 14.Notices. Any nodce to BorroWer provided for in this Secur<<Y Instrument shall be 8iven Uy delivering it or by�m��8 I '`� _
<br /> licable law requires use of another method.'I'he notice shall be directed to the�°P�5' _°�:�..�
<br /> A by first c l a s s m s ri l un l e s s a p p -
<br /> ' any other address Borrower designates by nouce to �n na�y noace tn Borrower. Any notice prov d�formin this Sceurity -
<br /> � address stated hcrein or any other address L.endcr d g , �.,,�;
<br /> Instrumcnt shall be deemed to have been given to Borrower or Lendcr whcn given as pro�ided in this paraS�Ph• .:
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<br /> � 15.Governing Law;Severability. This Security Instrumcnt shall be governcd by fcderal law and the law of thc
<br /> � rovision or clause of this Sccuriry Instrument or the Nous .vr-�:;,�.,
<br /> rt is located. In the event that any p or the Note which can be ��'"�''.�M��''
<br /> jurisdiction in which thc Propc Y Instrument �..
<br /> conflicts with applicable law,such conflict shall not affect other provisions of this Security ,
<br /> given effect without the conflicting provision.To ihis end the provisions of this Security Instrument and the Note are declared to
<br />_ , ��verablc.
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