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<br /> � ' paymcnts may no longcr tx;rcquired,nt the option of bnde�nder nrt�in becamcs1avnllablc and istobta nednBorrower sliallrpay �'
<br /> �hnt l.ender rcquites)provided by nn insurer npproved y 6 � '`.`
<br /> the premiums cequired to mnin►ain mongnge insurince in effect,ar to provide n loss reserve.until die requirement for mortgage -_;
<br /> insurnnce cnds in accordnnce with nny�vrittcn ngrc.cment between Borrower and Lender or applicable law. .;.�l
<br /> 9. I n�p e c t i o n. L e nder or its a gent may make reasonablc entdes upon and inspections of the Property,L.ender shall give f'�
<br /> "'` Borrower notice At the time of or ptior to an inspection specifying reasvnable cause for t he ln s p e c t i o n. �-
<br /> ' 10. Condemnatton. Tlie procceds of eny awurd or claim for damages,dircct or consequcntial,in wnnection with nnY __.
<br /> condemnation or other t�lcing of any pan of the Praper[y,or for conveyence in lieu of condemnation, are hereby assigi�ed and =_
<br /> shall be paid to Lender.
<br /> In the event of a total taking of the Property,the proceeds shall be applied to the sums secured by this Sec ndW ich the fair
<br /> whether or not then due. with any excess before the taking is equal to or�reater�ihant he�amounc of t�heesums secured by this ,- _
<br /> m�rket vulue of the Property immedlately '
<br /> Security lnstrument immediately before the taking,unless Borrowcr and I.ender otherwise agree in writing.che sums secured by ;�
<br /> this Security Instrument shall be reduced by the amount of the proceeds multiplie.d by the following fraction: ia��iately ''
<br /> � amount of the sums secared immediately before the taking, divideA by @) che fair mazket valae of �h� proPi Which the fair
<br /> before the tuking• AnY balan���iabe p�fore the taking is 1 es than�he amoun�iof the sums secured�mmediately before the
<br /> mukct v�lue of the Property Y
<br /> ,, taking,unless Borrower and I.ender otherwise�S��ment whether or not the succnslare then dae�se provides, the praceeds sha1� _--
<br /> ., r be applied to[he suras secured by this Securiry Inst
<br /> ' „ � If the Propeny is abandoned by Bonower,or if,after notice by Lender to Bonower that the condemnor offers to make an ��:
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<br /> u w a r d o r a e t t le a claim fos damages. BotneN+=r�s�tat its opt on,e i t h e r t o e st o r a ri o n o r r e p a i r of theaPro p ertY ar o the sum� _
<br /> i.ender is authorized to collect nnd app y P _`_�_
<br /> „ �.�, secured by this Security lnshument,whether or not then due. licatton of roceeds to principal shall not extend or -;:i
<br /> . Unless Lcnder and Hoaower otherwise ngree in wdting. any aPP P
<br /> �� pustpone the due date of the monthlF�p��nce By Lender Not�aaWw�vea.Exteo ion of the time for pay ene ornmodificacioa =
<br /> t� R�rr�wer No3 ReleASed, � a rr__ �
<br /> of amonizatioa of the aums secured by this Security Instrument granied by I.en�cr ta:s:'..u--P`�!'*in iaterest of Bortower shall
<br /> �� ,� not operate to release the liability o succ,zssorinn inte esWOr refuse o eatend time for paycneatsot othenvise modify ainortization
<br /> commence proceeclings against any
<br /> of the sums secured by thls Security Instrument by reason of any demand made by the original Bonower or Borrower's
<br /> successors in Interest. My forbeuance by i.ender in exercising any right or remedy shall not be a waiver of or preclude the
<br /> exercise of any rlgt►t or remedy.
<br /> • 12. Successors antl Ass�Bns B°�d'+ Jotat aud Severnl Ltability; Co-stguers. 'The covenants and agreements of tli s
<br /> Seciutty Iasuument shall bind and benefit the successors and asslgus of Lender and Borrower. subjcet to the pmvisions of
<br />�,�.� . � � paragraph 17. Eorcower's wvenants and agreemcnts sh nl �be g o�u firy �St�men't only to mortgage, grai t and conveY tbat
<br /> Inserument but does not eaecute che Note: (a) is co-signi g
<br />,=n.:.�_ �-��'�• ' Borrower's interest in the Property uader the[enns of this Securiry Instrument;(b)is not personall�yc bei�g�at m�ify forbe��
<br />-"�" '" �� • secured by thia Security Instrument;and(c)agrees that Lender and any other Borrower may agree
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<br /> inake any accommodations with nBard to�he�emos of this Securiry Instniment or the Note without tYiat Borrower a coasen.
<br /> t���-�� 13.Loan Gharges. If the loan secured by this Se�urity Ins u u m enc is sub ject to a law which sets maximum loan charga,
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<br />:�' � ' '� and that law is finally intetpreted so that the interest or other loan �barges collected or to be collected in connection with e
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<br /> _,,w• •;y:, loan exaed the pern►itted limits.then: <a)anY such loan charge shall be reduced by the amount necessary to reduce the c arge
<br /> � --° to the permitted limit:and(b)any sums�madtefund bt�d ed�!8°t�e�einchpa] owed u der thettNot�or�by�making a dirxt� c - _—
<br /> � Bo n o w e r. L.e n d e t m n y c h o o s e t o m a k e Y
<br />�'�'3i•'�`�"�%2'�••• payment to Borcower. If a refund reduces principal, the reduction will b e treat e d as a p a rt i a l p n p a y m e n t w i t h o u t a a y
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<br />_ � prepayment charge nnder the Note.
<br /> �``�'�r�(. 14.Nottces.Any notice to Barrower provided for in this Securiry Instrument shall be given by Aelivering it or by mail g
<br /> �"�y-i� ����'' ' it by firat class mail unless agplicable law requires use of another methcxl.The notice shall be directed to the Property Address
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<br />�--,i���r�•,• or any othet address Borrower designates by notice to Lender. Any notice ro Lendet shall be given by first class ' to
<br /> ' Lender's address stated iierein or any ather address L.ender designates by notice to Bonowcr. Any notice pmvided for ln this •.
<br /> - � • Security Insuument shall be deemed to have been given to Bonower or L.eader when given as provided in thts ParaBraPh• � _----
<br /> '^ 15.G�verning I.�w; Severabllity. This Security Inst�ument shall be govemed by federel law and the law of ihe -
<br /> • jurisdiction in which the Properry is located.Im the event that any provision or clause of thls Security Instrument or the Note -
<br />- . ., �� conflicts with applicable law. such conflict shall n�hisf nd ther rov s on of thisSSecurity Insgttnimenttand theNNot aze d]ered _}��,
<br />_ given effect witliout thQ conflicting proviston To P Tr Tti
<br />- A � to be severable. :."
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<br /> 16.Borrower's Copy. Borro�ver shall be given one conformed copy of the Note and of this Security�S�F mt3028 9 so ���; �.
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