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<br /> 98- 1�►5071 �
<br /> paynxnts m:+y ixi langcr be required,at the option of Lcnslcr,if mnrt�;nge incur�nce coverngc(in the ar�x�wrt anci for thc period
<br /> ttu�t I.ender require�)provided by un insurcr�pproved by Lendcr�galn becomes evailable and is obtdned. Borrower s1w11 p�y
<br /> thc premiums rcquirai tn maint�in rrartg�go insurancc in cffect, or to provide a los� reserve,until the reyuirement for mongagc
<br /> insurance ends in accordmce with any writton agreement betwan Borrowar and Lender or applicabie law.
<br /> 9. Inapectlon.L.enJer ar its �geat may make reasoneble entries upon and inspectians of thc Pmperty. I,endcr shall give
<br /> Borraw�r natico at the time af or prior to en inspectian specifying ru�sonahle cause for the inspectlon.
<br /> 10. Condemn�tion, Thc proatds af any uward or claim fnr demagc.e, ciircct or conseyuential, in connection wirh.any
<br /> condemnation ar aher teking of any p�rt af tha Property,or for comeyance in lieu of candemnatiun, aro hec�by assigz�a!a�x!
<br /> shall be patd to l.encler.
<br /> I�a,che event of�total taking af�h�e Propeny,tiee pruccxxts x�aU ts;.:,pp1t�! !o the s��ms serured by tk�is Security latitreime+�r:
<br /> wherJrer. or not then due,with any excess paic!to Sorrawer. Ira the event of n partial tnkin�of th�e Property in whict�the fair
<br /> mari�et val�uc of the Property imrr�aliacely faefor,e tt�e taking is ex,�ral to or greater than the amount of t�e sums securea by this
<br /> Security Instn�ment immodiatcly befae the tsicing,ua,kss Bcm'c*wer a�xl I.end�r dhenvix ngree in writing,thc sums sexured by
<br /> this Sec+utty Instrument shall 6e red�eced 'oy t�ie ax�w.uq�t a�u�e pnxx�ci� ►nultipliad by the follawin��cticn: (a) tlu total
<br /> amou�u qf�3�e sums secured immodiatcly beforo the 4ukic�.i�a�vi�lod by (b)the frir market value of the Property iaunediuely
<br /> before�qhsr !aking. Any balance shdl be paid to Borrower. irt, 'the event of a partiul taking of the Property in which ihe frir
<br /> msrkci ��rilue of�he Property immedi�tely beforc the wking is ltss than the a�nount of the sums seaurod imn►ediately before the
<br /> taking. unlccs Borrower u�d[.ender otherwise agroe in writing or unless applicable law otherwiso provides,tttt_p�e�ds shall
<br /> be appl'eed to the sums sxured by this Security Instrument whether or not the sums are then due. •
<br /> If the Property is abertdoned by 13wrmwer, or if,atter notia by Lender to Bocrower that the condemnor offtrs ta make an
<br /> award or setde a claim for d�mnga, Bc�rrower f�ils to r�spond to Lender within 30 duys after the date the notice,js',�iven.
<br /> Lertder is whorizai to callect anci apply the proaeds,at its option,either to restoration or rtpair of the Pmperty or ta k1atruums
<br /> .secured by this Son►rity lnstniment,whether or rat then duc.
<br /> Unless Lender and Borrowcr othenvise agroe in writing, eny application of proc�eds to princip�l shall not extend or
<br /> ,poa�wne ti�e due dKe of the moninly paymcnt�r�fcric�iv ii�E,ua�giaNhs 2 ar�!2 or chattg:,tha�.T.our.s�f such ps;menis.
<br /> � Il,lk►rnwer NM Rdeaed;Forbearan�ee By I,ender NM a Wdver.Extension of the time for p�yment or mod4��tion
<br /> ;,uf anwrtization of the sums socured by this 5xurity Instrument i�{�ntal by Lender to sny successor in interest of Borrowr.c shell
<br /> • �ot op�rot� to rGlase thc liability of the origi�uJ Ba,wwc�������sower's successors in irte:rse.Lender shall not be nec�snsr,�d to
<br /> �' . ',comcnence}xoc.�eedings against any suc:cessor in inS�r.eSt bC rof}�sc to Cxtend ti1Y1e�[or payment orotiierw4:cc a,�iiiy ar�c��;:A::on ;��
<br /> �,��:,. :nf d�e sums xcured by this Security Instrumen't.t+>>,rea.cop �SY.•,an)• demmd.;rrzuciG by the,'ori�ii►ul �Torr�wtr or Borrower's ''�`��.�
<br /> � successors in•interat. My fori�earmco by Lender�i�rexeKSig�rcu;��:my riBht or mi�ody shalR�,v�ai b���'tia��ig��,�of or prxlude the
<br /> exercise of any right or remody. .' ' ,.,': • ,, .. . �., .,
<br /> 12,Sutassois and Aed�t�s Bound; Joint p�i�d'�Sevei� 3.ixbllity;Co-signecs. The caveaants ari�.;agreements af this
<br /> , 'Securiry Instiunxnt shall bind and benefct the su��r:�gurs and auigns of Lender ard Botrower, subjcct tia,the provisions of
<br /> � paregraph 17. Borrower's rnvcna� and agraments stwll•bG joint and sever�l. Any Boranwer who kao-�.r•igns this Security
<br /> InsUU�►.'but dcxs not exocute the Nae: (a) is rn-signing th��s�Security Inst�ument only to mortg�ge,�tant and convey ttut
<br /> Borcower's interest in the Property under che terms of this See�ariiy Instrument;(b)is not pecsonatly obllgated W p�y.tA�e;aurt�s
<br /> securod by this Savrity Inswment;tnd(c)agt+►xs that I.ender iud any other Sorrower may agra so cxtendi,modify,frrtbeu or
<br /> mdce any acoommodations with r�egucf to the terms uf this Security Instrument or d�e Note witt�out ttu�t Aa�suwer's ooinent.
<br /> �i,i.an C6�r�.If the lo�n savred by th i�s Secudty Instn►ma�t is spb�CM to�I�w which sets m.�i:et��mem loan chuges, . .
<br /> and that law is firully interprct�d s�t�►at the inteac�s�or other Ram charges collxted or to be coliected ih.�onnation with the
<br /> loan exaod�pem�ittal limits, tt�rx�i:4A� any such loan churge shall be rcducxd by the amoant naess�r.``!�reduce the chuge
<br /> to the permined limit;uid (b)any snrr:a+already cullected from Borrow�er which eaceodod permittod Eimid:a will be refunded to
<br /> Hc►rrc�wer. Lender may choose to makt this refut�d by rodueing the principal owod ande� the Note ai•!hy making a direct
<br /> i payment to 8orrower. If a refund reduces prit�.:•ipal. the reduction will be treated as e pxrti�l pre'�aliym�nt without any
<br /> prepaymrnt charga under the Note.
<br /> 14.Ntoticea.Any notia to Borrower provided for in this Security dnstrument shall be given by delivering it or hy m�iling
<br /> � it by first clus cnzil unless applicable law nquires use of anothrr�nettNxi.Tl�e iwtice shall be dinectod ro thc Property Addras
<br /> � � or eny other ddress Bomower daignates by notice to Lender. Any notice to [,ender shall be giv�en by first clasa m�il to
<br /> � Lender's address statod henein or any other address Lender d�signates by ratice to 9orrower. Any ncxice previdod for in this
<br /> � ' Savrity Instrumcnt shall be deemwc+d to have been given to Borrower or Lendcr whcn�iven as providal in this parsgr�ph.
<br /> 1S.Gorerning Iaw; Sr�re�nlA6ity. This Security instrument shall be govemrd by federal l�w and the Iaw of the
<br /> jurisdiaion in which the Propaty is located.In the event that any provision or claux of this 5ocurity lnsm�ment or the Note
<br /> contl�etg w ith a�p[ica�b�e,i�►w,such ronflict shall not affixt other provisions of this Securiry Instrumar:ix the Note which can be
<br /> aivm etfcct wi�krmut��!�c conflicting provision. To this eixl the provisio�s of this Savrity Instromeat auff�the Note art dxlared
<br /> tn be�e��able.
<br /> lf.Sorrowa's Copy.Borrower shall be given one ennfearmed copy of the Note anrl of this Securitp Uvtrua�ent.
<br /> Form 302s YIiO
<br /> r.o.�ae
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