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<br /> payments mny no lon�cr hs rr,qtiited, at the option of L.ender,if mongagc insurance coverage(in the amount and for the period
<br /> thet I.cnder rcquires) provided by an insurcr approved by Lender again becomes availahle and is obtained. Borrower shall pay .
<br /> -- ths premiums rcquIred to maintain mortgage in�urancc in effext,or to provide s loss reservc,unt91 the requirement for mortgage •
<br /> ...,.:«��'� inAUrance ends in acr.ordance witt�any wrieren agreement between Borrower and L.ender or applicablc law. ,
<br /> 9. Ins ection.Lender or its a ent ma make reasonable entdes u n and ins ectinns of the Pro e Lender shall ive �`
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<br /> ' • Sorrower notice at the time of or prior to an inspection specifying reasonable cause for the inspection. .
<br /> 10. Condemnntion. The proceeds of any award ar claim for damages, direct or consequeatial, in connection with any
<br /> condmm�ation or other wking of any pare of the Properry, or for conveyance in lieu of condemnation, aze hemby assigned and
<br /> shall bc paid to L.endcr. '���^'
<br /> . In the event of a tatal t�ilcing of the Praperty,the proceeds shall be applied to the sums secured by this Security Ins[rument, `-
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<br />' :� � wl�elher or not then duc,with any excess paid to Horrower. In the event of a partial taking of the Property in which the fair °�
<br /> meu•Icet value of the Property iuunediately befom the taking is equal to or grearer than the amount of the sums secured by thi4 _
<br /> � � � `�i Su:te�ity 6nstrument immcdiatety[�ci�ic ti�c iuiciug, unless�aorrower and,.ender otherwise agree in writing,the sums securecl by --._�.-
<br /> � this Securiry Instrument ahall br reduc,�xl by the amount of the proceects multiplied by the Pollowing fractlon: (a) tue totul `��,-
<br /> amount of thc sums secured tuzmediatel� before the taking, divided by (b) the fair market valus of the Property immediately -y'
<br /> : • ��� �! before the taldng. Any balunce shall be paid to Sorrower. In the event of a partial taking of the Property in which the fair .?';�-�,
<br /> t;.��:•.,,. . mur�;et value of the Property ir�imedia�ely before thc takinb is less thau the amount of the sums secured immediately before the ;�''.,���'
<br /> .. "��<< ' �' takiag,unless Borrower and l.�nder otherwise agree in tivriting or unless applicable law atherwise ptovides, the procee�s shall `�`-�''
<br /> � '�''r be appUed to thc sums securcct f�y this Security Instrument whether or not the sums are then dus.
<br /> �"• If tha Property is abandonut by Borrower,or if, after notice by Lender to Bonower that the condemaor offers to malce an =-
<br /> a�vard or settic a claim for dn�nages, Eanower fails to respond to L.ender wlthin 30 days after the date the notice is given, :_.
<br /> y. Lencier is authorized to colleet and apply the proceeds, at its optioa,either to restoration or repair of the Property or to the sums � '���
<br />: ' .', secu�l by this Security Insuument,whether or not then due. `-�'—"��
<br /> �`�-;;.�� Uuless Lender and BorcuWer othenvlse agree in �vriting, any application of proceeds to principal ahall not eatend or --
<br />; =— poatF,u7a�lfe�ue.iate uf�e r'�nthiy�Sa;mc;.ts r�femd se in g�ragrsgh� :a�d 2 a:r��ge;he ara.�nt af suck paym�uts. .
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<br /> � 11. Dorrower Not Ref�sed;Forbearance By Lender Not a Waiver. Extensioa of the time for payment or modification !-'`
<br /> • `�';�! �t�� of amonization of che sums s�;ured by this Securlry Instrument granted by I.ender to any successor in interest of Borrower shail �.;__ --
<br />� � � not operate to rclease the liability of the orlginal Borrower or Borrower's successors in interest. Lender shall not be raquired to F_
<br /> commenee proceedings egaiasc any succcssor in interest or refuse to extend time for payment or othenvise modify amatdzation ��-- --
<br /> of thn suma secured by this Security Instrument by mason of any dem�nd made by the original Borrower or Borrower's �:;
<br /> °����� �. suceossors in interest. Any forbearance by Lertder in exercising Any rlght or remedy shall not be a waiver of or preclude the :'
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<br /> „ , exoi+ciso of any ri�ht or remedy. �=
<br /> , . . 12. Successore and A�Igns Bound; Joint and SevQral Lisbiltty; Castgners. The wvenants and agreemenu of this �
<br /> �• Seeurlty Instrument shall bind and benefit the successors and assigns of I,ender and Bonower, subject to the provisions of ;°`�-
<br /> t� para�r�ph 17. Borrower's covenants and agreements shall be joint and several. Any Boaower who co-signs this 5ecurity 'i
<br /> i�- • , Instniment but do�s not exccute the Note: (a) Is co•signing this Security Instrument only to mortgage. grant and convey that =
<br />�r'�"'� '°`'' ' Dorro�ver's intcrosi in the Property under the terms af this Security Instrumenr, (b)is not personally obligat:.d to pay w�sums ~-_—
<br /> � _;;;y.�.;:;' scctu�cd by tliis Security L�stcument;and(c)agrees that Lencler and any othcr Borrower may agree to eacten�, modify,forbear or a�w�—
<br />�:�,',�;�'.�;,+ mnko any nccommodatians with regard to the terms of this Securiry Instrument or We Note without chat Borrower's consenx. €"-=�°
<br />..:��. � _ 13. Loan Clifl�ges.If the loan secured by this Secudty Instrument is subject to a law which sets maximum loan charges, �=
<br /> Y"' and that la�v is finally wternnted so that the interest or other loan charges collected or to be callected in connection with the � �_
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<br /> - loan exeeed the permitted limits, then: (a)any such loan charge shall be reduced by the amount necessary to reduce the charge ;�a
<br />-"''-'* ��` to tho permitted limir, and(b)any sums already collected from Bonower v,rhich exceeded permitted limiu will be refunded to ��
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<br /> ;�,�,.... .� Boreoiver. I.endcr may choose to m�ake this refund by reducing the principal owed under the Note or by making a direct �•,���
<br /> -_��`:;"'�.","° "�' paymont to 13orrower. If a refund reduces principal, the reduction will be treated as a panial prepayment without any °",y�-
<br />-_��* -��.. , prepayment che�•ge under tht Note, -
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<br /> --�-��� - �� � 14. Not[ecs. ftny notis,o to Bonower provided for in this Security Instrument shall be given by delivering it or by cnailing '�-
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<br />_-'• h�. . • • it by flrst clnss mall uriless applicable iaw requires use of another method.The notice shall be directed to the Property Address �,+��:•.
<br /> = � or any other address Borcower desiguates by notice to Lender. Any notice to Lender shall be given b first class mail to ��%��`���
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<br /> -_ Lenrlor's address steted herein or any other address Lender designates by notice to �3orrower. My notice provided for in this •'`,`=�-
<br /> , ' Securiry Instrume�t shall be deemed to have been given to Borrower or L�nder when given as provided in this paragraph. _
<br /> � 15.Govcrriing La�v; Severability. This Security Instrument sh�ll be governed by federal law and the law of the ' }:�
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<br /> jurls3iaiun in which the Properry is located. In the event tfiat any provision or clause of this Security Instrumene or the Note .'::���`�;--�.
<br /> - , cout�Eas with applicable law,such conflict shall not affect other provisions of this Security Instrument or the Note which can be �,s:����:�.`�':
<br /> given effect without die conflicting provision.To this end[he provisions of this Security Instrument and the Note are declared �'��, �=�'
<br /> �;;'��.• ' , to ba sevcrablc. � ,..s
<br /> _. 1G. Dorrower's Copy. Bonower shall be given one conformed copy of the Note and of this Security Instrument.
<br />- '�'��'� Form 3028 9190
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