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r(„� , �.�;1„` <br /> -,tilr!t'� <br /> ...��.. , ' <br /> � ..4�t: . - ' � ... .._. ....._ <br /> .�1 de��+��Nk�n . .. , ' . 't��• I.,. <br /> . . -- . . .. . �_.., .' <br /> ,. � . " _ �. . , - . , . .. --'�• _. <br /> .. �• �. .• . - , •. , ' . - � ' .. .. . • �-- -- <br /> , . - �� .� � . ,, . ... .. .�'•i, <br /> . . .. - . _ � -� �- - .. .. . . . -. ' <br /> �- . ... ..._. . . . .. <br /> �� . . . . _ .. � -- <br /> . . ... . . .. . . ' <br /> 97`-��0�"!92 � <br /> - paymente m�y no longer be requfred,at the option of Lender,if mortgage invurance coverege(in the amount nnd far the period � <br />_ that I�nder requires)provided by an insurer approvcd by l.ender ngain becomes avnilnble �nd ie obt�ined. Bo�xower ahall pay the <br /> • premium� requiicd co mzintain mortgage lnsurance in effcct, or to provide u loss reservc,unril the rcquiremeni for r�ior�gagc <br /> - ` insurance enda in accordance wlth any written ngre�ment between Borc�wer and L,ender or appltcable law. <br /> ..-�•�--""� 9.Inspectton. Lendtr or ita Agent may make reusonable emrtea upon and inspcctions of the Property. Lcnder shall give <br /> - • •� ' "�� Bonower nodce at the time of or prlor to an lnspection specifying reasonable cause for the inspection. <br /> 10.Condemnatton. 'Rie proceeda of nny award or clafm for damages, dlrect or con�equential, in connection wi�h any <br /> __ - . _-� con�tm!??don or otheT I��is►¢ of a[lY part of the Property, or for conveyance in lieu of condemnadon, are hereby assigned and � <br /> , . shati be paid to Lender. �. _;, <br /> „ In the event of a total [alcing of the Properry. the procecds shaU be applied to the sums secured by thie Securiry lnst�nunem, ,.,.-•,` <br /> � whether or not t�en duc,with any excess paid to Bonower. In the event of a parti�l taldng of the Properry in which the fatr markct j;:,,;,�_ <br /> . valuc of the Propercy immediately before che taldng is equal to or great�r tban t�e amount of We sums sacured by this Securiry �-, - <br /> ;' Insm�ment immediately before the taldng, unless Bonower and Lender otherwise agree in writing, the sums secured by ttils � -� <br /> Securlty Instrument shal!be r«iu c e d by t he amount o f the praceeds mula plied b y the following fracdon: (a)the total amouat of <br /> - the snms secured immediately before the taking, Aivided by(b)�he feir market value of the Property imtncdiatcly before the '� . <br /> � taldng.Any balance sh�ll be paid to Bonower.In the event of a pard�al taking of Uie Properry in which the fair market value of the _y,_ <br /> : Property immulintely before the taking is less than thc amount of the sums secured immcdlately before the talcing. unless <br /> . Borrower and I.en�er orherwise agree in writing or unleas appllcable law otherwise provides,the proceedv shall be applied ro the <br /> � �+ sums sceurad by this Security Instrument whether or aot the s�im.c are Wen due. _ <br /> - ��'•�' if t6e Froperty is abandoned by Bosower, or If, after norice by Lender to Borrower that the condemnor offers to make an y <br /> awlr•.�]ar scttlo a claim for damages,Borrower faila ta respond eo I.ender witbin 30 days after the date the aoda is giveu. Lender _:"�"'� <br /> • is authorized to coUect aad apply the proceods, at its opdon,either to restoradon or repair of the Property or to the sums secured !�"__ <br /> ° �:-; by this Securlty Instrument,whether or aot theu due. ���= <br />. �• Unless Lender and Borrower otherwise agree in wridng,uny eppHcation of proceeds co principal ehall not extenA or postpone <br />`; �`�� .. the due dau of tha montlily payrnents refened to in paragrn�hs 1 aad 2 or change the amount of such paymencs. <br /> __ ' ____ �t,R�rrower Not Iteleased;Forbearance Bv Lender Not s�Waiver. Extension of the tirne for paynnent or modification _ <br />- ' � � �F�' of amordzatton of the sums secured by this Securiry Insmunent granud by Lender to any auccessor in interest of Bonower shall <br />=" not opetate to rel°ase the liability of the originaD Horrower or Borcower's auccessors ih interest.I.ender ahaU not be required to <br />_ „ . . ' " cammence proceedings against any successor in interest or refuse to eatend dme for payment or odierwise modify amartjzzadon of <br /> ,' the snms secured by tbis Securlty Inswment by reasan of any demand made by the original Bonower or Bonower's successors - <br /> Su`�,1� in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any <br />�.`, � 1 right or remedy. - <br />��•:�''`-�' +' 12.Successo.rs And Aasigns Bound;doint and Several Llablllty; Co�ignere. 1Lc covenauts 1nd agreem�nts ot tlils - <br /> j� ' Securlty Instrumemt shall bind and benefit the successors end aasigns of Lender and Bonower, subjcet to the provisioas of <br />_ _: paragraph 17. Borrow�r's covenants and agreements shall be joint and several. My Borrower who co-sigas tlils Security <br />-- Insm�ment but does not eaecute the Nou: (a) is co-sigiing thie Security Iastnunent oniy co mortgage, grant aad convey t2iat <br />'p'y'�'.�, , +• '••�t Borrower's intorest in the Property under the terms of this Secnriry In9trument;(b)is not personally obligaud to pay the s��mo <br /> �''>``"�°� secured by tl�is Sec�ulty Inscrument;end(c)no ees[hat I.ender and any other Bon�wcr iaay agree to extend.modify,forbear or _ <br />�-_�;__""'""t?' ' make amy accnmmaladans with regard to the terms of dils Saurity Instiument or the Note wYthout that Aonower's consent. -- <br />- '=�'�=-�"i5�.�� 13.i.oau Charges. If the loan sacured by tl�is Sceuriry Instruument is aubJect to a� laa wldch sets muimum loan charges, � <br /> F���'�' � and that law is finally interpreted so that the interest or other loan ct�arges collccced ot tm 6e collecud in conncedon with tLe loaa <br />-u;a_,.. ., � — <br />�`` � ' '� exceu!the permitted limits,then: (a)any such loaa c}iatge ehaU be reduced by the aznowit necessary to reduce the charse to du <br /> .:.�:�. <br /> - :..... permitted 1'unit;nnd(b)any sums already collected from Bonower which exceeded permitted limia wlll bc r�flinded to Borrower. _ <br /> k� . -�'•-� I.ender may choose to make this refiind by reziucing the pcincipa! owed under the Nou or by maknng a direct payrnent to = <br /> � �-�:��---� ��- Bonow�r. If a refund reduces rinci al, the reducdon will be ueated as a putial prepayment without any prepayment charge --.- <br /> ._.�,�,.�„� P p _ <br /> �;�,:�.,.,,., � <br /> - ;cvx+-� °• under the Note. <br /> . °^ �' ' 14.Notices. Any notice to Bonower provided for In tltis Security Instrument si�ail be given by delivering it or Uy mailimg it ��- <br />,r_�'.:r,�r'.. ___ <br />_`.�:�i'�;,,,., by fust class rn�S wiless applicable 1aw recp�sres use of another method. `fhe notice st�all be directed to the Property Addnss or <br /> _ � any other ad�iress Bonower dcsignatca by noti�e to Lender.Any nodce to Lender shall be given by first class mail to Lender's �=• <br /> ;� ' address stated Aerein or any other address I.rnder designates by nadce to Bonower. Any nodce provided for in this Securiry <br /> ' 9ns�ment ehaU be desmed to have been given to Borrow�r or Leader when given as provided in this paragraph. _ <br /> �� IS.Governing Luw;Severpbiltty. Thio Security Insuunxnt sNall be govemed by federal law and the law of t6e <br /> � �!Z`'� jurisdicdon in wk�ich tlie Pibperry is located. In the event ihat any provision or clause of this Securiry lnstrument or the Note ��� <br /> ,,,.,, . <br /> ,''�,:�:'�, conflfcts with appDicable law, such confl{ct shnll not aNect other provisions of this Securiry Instwnent or the Note which can be <br /> given effcct withuut tho conflicring prov9sion.Tn this end the provisioas of this Security Instrument ancl the Note are declared to - •', <br /> • ba severable. <br /> — . Form 302A 9/90 , <br /> — � . . � ....r6R(1VE) cr.iz�.m ��db i�u�: , <br /> -_ :---- � � <br />_ , 'i, R� ' � � <br /> � .�-"--,—..—... _..."�.-'-._._ ,_,.._�_.....____...._.-'--'--�--... __._.�—..._..._.�....-.�..-...---'--.�___-••--..--T---••--�.�._r.o-. <br /> ,r------ � .. <br /> �id.A'!. �.. - .. .. <br /> . . • .. . . - _ . i <br /> } :f. <br /> WJ �.__ _ . " .. .. <br />