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<br /> a nuntti muy ni�langcr bc required,nt thc uptinn nf'Lcnd�:r, if m��rtgagc insuriti"vuil:it►Ic�bui�is�obtuincd�Born�vcr�:haU p:�y �`�:
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<br /> tltut I,endcr rcquires)pruvidcd by an intiureti•upProved by 1-.cpdcr ugain mcumc. a � :
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<br /> �he prcndums rcyuircd to maintuin mortgage insuruucc in effcct,or to providc i�luss rescrva until thc rcy�iiremcnt ar murtsn�;e _-
<br /> in�ur.uue ends in accordt�nce with any written ugreement betwecn Borru�ver nrcd l.ender or npplicublc luw.
<br /> Wc.
<br /> _..,�, , , 9. Inspectton. �cnder or its agcnt may m�1ke reasonublc entrics upon unJ in��xctiunti uf thc Property. Lcnder�hnll give f��
<br /> ''"�?a porrower noticc nt thc time of or priur to an inspection specifying rea.sonable cuuse fur the intipection. �..
<br /> 10. Candetnnutton. The proceeds of any uward or cluim for damages. direct or cunsequentiul, in cunnectum wh�� unY �-.
<br /> �!�� ,� condcmnation or othcr taking of any p:u's of thc Property.or for cunvcyuncc in licu or condcmna[ion, t�rc hcrcby nssigncd und =
<br /> � ��� r. strument, �
<br /> , ,:� shall bc paid to l.endc _
<br /> ` In the event of a tot31 t��king of the Property.the praceeds shall be applied to the sums secured by this Security n �
<br /> • �°=' whether or not thcn due, with any excess paid to Borrower. In the evcnt of a partiul takin�c�f thc Property in which thc fair �
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<br /> � � market vnlue of the Property immed'►ately before the taking is equal to ur greater than the amaunt of[he sums secu�•cJ I;y this -r
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<br /> 5ecurity lnstrument immediately before the taking,unless Borrower and l..ender otherwise agrec in v�riting.the sums secu y �,
<br /> .. , #r� this Security Instrument shall be roduced by the amount of the proceeds multiplied by the follow:ng fraction: (a) the total •
<br /> amaunt of the sums s�cured immediately before the taking. divided by tb) the fair n►anc�;t .alue af the Property immediately �;i;
<br /> • �; before the taking. Any baJ,'ince shall be paid to Borrower. In the event af a partial taking of the Property in which the fair _
<br /> market value af the Prv►�ciy immediatcly before the taking is less than¢he amount of the sums scc:urcd immediutely betare the _
<br /> ta{:ing, unless Borrower end Lettder otherwise agree in writing or unless applicable law othenvise provides. the procecds ,1i�dl _
<br /> �•' be applied to the sum�secs+.red by this Security Instrument whether or not the sums are then due. _
<br /> �. ;, lf the Property is aJa:s�uned by Borrower, or if, after natice by Lender to Borrower that the condemnor offers to make an :
<br /> �'.,�; �! award or settle a claim fc�r damages. Borrower fails to respond to Lender within 30 dnys after the date thc notice is given, �;
<br /> Lender'ss a��d�orized to collect and appiy the proceecis,at its option,either to resroration or replir of the Property or to the surns d;
<br /> secured by this Security Instrument,�vheiher or not then due.
<br /> Unless 9.�:i�der astd ��orrower oti�erwise agree in writing. any application of proceeds to principal shall nat extend or
<br /> - ,. ��`. postpone the due date of ch�monthly paymenGS refcrred to in paragraphs 1 and 2 or change the amount of such payments. ___
<br /> •� �• .� 11.B�arrower N�2�R�leused;Forbearance By Ixnder Not a VYa[vcr. Extension of thc time for payment or modification
<br /> ;;+�,: of amortiz�tiun of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shall
<br /> ,',1�..;���_1.� � not operate iu ccIr,u�a i�e lia�:lit,cf'!=e^r�o�nal Honower or Bonower's successors in interest. Lender shall not be requircd to
<br /> %'{ ^''��i' commence peoceedings�„ainst any successor in interest or refuse to extend time for payment or otherwise modi�y am�rii�aicoi�
<br /> >.c���-..c;a�t*r:
<br /> -`�i • �a' af the sums secured 6y ¢his Security Instrument by reason of any demand made by the original Honower or Borcower s
<br />-%,,w : u�,,:
<br /> ,�rz�s' successors in interest. Any forbearance by Lender in exercising Any riglu or remedy shall not be a waiver of or preclu e t e
<br /> °""`�;�%-,�'' exercise of any right or remedy.
<br /> K�Z� �,, Casi ners. The covenunts and agreements of this
<br />-_..��.�� 12. Successors and Assigns Banend; Jo�nt and Several L9a�iltty; �
<br />_=.-��`�,'I Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of
<br /> ���`�-�'' paragraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Securiry
<br />_.r.,y��;� rant and cunve that
<br />_. ���,�� Instrument but does not execute the Note: (a) is co-signing this Security Instn!ment only to mort�a�e,g Y
<br />=��:� Hoaower's interest in the Property under the terms of this Security Instru►nenr (b)is not personally obligated to pay the sums
<br /> secured by this Security Instrument:and(c)agrees that Lender aud any other Borrower may agree to extend. modify. forbear or
<br /> -"� make any accommodations with regard to the terms of this Secu►ity Instrument or the Note without that Borrower's cunsent.
<br /> - - - 13. Loan Charges. 1f ehe loan secured by this Securiry Instrument is subject to a law which sets maximum loan char�es.
<br /> "'���a und that luw is finally inte�preted so that the interest or other loan charges collected or to be collected in connecuon with the
<br /> ---___= loan exceed the permitted limits.then: (a) any such loan charge shall be reduced by the umount necessary to reduce the chatge
<br /> --�-:�y� to the permitted limir and(b)any sums already collected from Borrower which exceeded permitted limits will be refunded to
<br /> -�.��i�� Borrower. l.ender may chaose to maDce this refund by reducing the prineipal oweci under the Note or by making a direct
<br /> - __� payment to Borrower. If a refund reduces principal. the reduction will be treated as a partial prepayment without any
<br />__ __ _ prepayment charse under the Note.
<br /> - � 14. Notices.Any notice to Borrower provided for in this Securiry Instrumcnt shall be given by delivering it or by mailing
<br /> ___,�;� it by first class mail untess applicable law rr.quires use of another method. The notice shall be directed ro the Praperty Address
<br /> _,,,_�� or any other address Bonower designates by notice to Lender. Any notice to Lendcr shall be given by first class mt�il to
<br /> -�°`:�.�: Lender's address stated 4�erein or any other address Lender designates by notice to Borrower. Any notice provided for in this
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<br /> -=_=��� Securiry Instrument shali be deemed to have been g�ven to Borrower or Lender when given as provided in thia paragraph.
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<br /> u":'�:.;a:°.�' 15. Governing Luw; Severc�bility. This Security Instrument shall be governed by federal law and the law o t e
<br />>,s:,..• �'� ,jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the Nott
<br />_ �., �,�-,
<br /> -� '.,;�,��.,, ennflicts with applicable law,such conflict shall not affect other provisians of this Seeurity Instrument or the Note which can be
<br /> ," �,�.�,_�, , given effect without the conflicting provision. To this end the provisions of this Security Instrwnent and the Note are declared
<br /> � - .�. . y` .
<br /> '.••-, .�.;.:•.� ,-. to be severable.
<br /> r� ;�`;��x."! 16. Dnrrower's Co�y.Borrower shall be given one confornted copy of th�Note and af this Securiry Instrument.
<br /> ._.,�,:=ry • Form 3028 9190
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