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<br /> _... � . . � �E•RECOR��n �t3� i1i53196 �8T'�05'Z.9�
<br /> • peyments may no longer be rcquiral,at the opNon of Lencier, if mongAge Iniur�u►cc cc�vcrn,Se(In the anxwnt arnd for the pericxl
<br />,.�_.�• � thu Lender requlres) provldal by�n insurer approvod by Lrncler y�dn becomiea�vxil�blo u�d is obt�i�ud. Borrower ah�Jl p�y
<br />-i;;_:�� the prcmiums requlral to�naint�in mon��ge t�uuru�ce in etfect,ar to provide�!pu roseNC.u�til tt�e rrquircment for mc►rt��e
<br /> Y�� insur�noe ends in accordu�ce with any wdttrn+�greement bttwan Hucrower+�nd l.ender or applic�ble law.
<br />_ - 0: i�rn,etlnn. Lender or iu agent may m�lce reisonable entrles uoon u�d ins_oecden�of the Proneny. l.ender ahall glve
<br />_ � ' Borrower nodce�t the ttme of or prlor to�n inspectlon specifying reawnable cause for the inspoction.
<br /> • " 10. Condann�tioa. The proceeds of any �wud or cl�im for d�mages, direct qr oonsequentid. in connation with any
<br /> .•,t,�:; condemnation or other t�king of�ny put of the Property, or for conveyu�ce in lieu of condemnation, ue hereby u�ignod u►d
<br />,;?�;':,::., sh,all be psad to Lender.
<br /> ��,r� In the event of a totel taking af the k�upez�y.N�procads shall be�ppllcd to the sums secured by thls Security Instn►tnent,
<br />'�t��'''�F`" whether or nvt then due,with any exo�ts�si�E to P34zrower. In the tvent of a puti�l taking of tho Property in whlch tho f�ir
<br /> 'vi�t.;��: marka v�1ue of the Property imm�iu�ig bafore the t�lciag is equal to or gtr,�ter than the amount of the sums sec�tred by this
<br />;„"_�`!z;%;;�," Secnrity Iastnuonent imm�diately befae the tui�iog.ualess Bomower end Lender otbuer.�rlse aRra In wdting,the sums eecured by
<br /> "�'Y��`,� thls Security �nsmu¢s�a:s��lt be rcdu�by aG�. �:i.�t of the procads muJr.iptiaE try tae following fn�ction: (e) the tot�l
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<br />:;�;�,' '�� amount of the sums�ecuoed immcdiately befon the t�icing, divided by(b) the fxir matket value of the Prop�rty immedi�tely
<br />��,:;;;:,.:,� before the taking. Any balance shall bG paid to Burrower. In the evrnt of d partia taking crf[he Propecty in which the fiir
<br /> :;�:�'",''� market v�Ji�a�e�f the Property immediuely bcfore the taking is kss chan the nmaunt of the sums securod immcdivaly bcfore the
<br /> ;t� taking,unAes�i9orrower and Lender oWetwise�gra in writing or unless applicable law otherwlse provlde�,thc pinceecFs shalt
<br /> fie applied to the sums secured by this Securiry Instrument vvhether or not the aumt+�re then due.
<br /> If tha Property is abaAdoned by Borrower,or if,after noNa by Lender to Borrower thu tLe condeaua�r�ffers to maka ui
<br />"�� awaM or settle a claem for damages, Aorcower fails to respond to Lender witbin 30 days after the date thc notia is givrn,
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<br /> Lender ia authori�ed to collect and annly the nroceeds,at its option,eithcr to restoration or nepair of the P[operty or to tde sutas
<br />`__�'�'��� sectu�by this Security Insttument.whether or aot then due.
<br />---�'�� Uales+ L,ender and Borrower otherwise �gra in wdtin$, any applica[ion o�'proceeds to �rtncip�l shall not extend or
<br /> '��-° �sss�ne s�s due date�f sl�monthl;p�,�tg refe*rH!to ia gAM�*�h�1 ?�2 4r r_.hrno�the amntlnt of suCh DaVmente.
<br />--==°= 11.Boanwer Not Rdased;Forbarance By La�da�Na.Wdver.Exuasion of tde tirt►e for payment or modificuIIoa
<br /> -=.-�� of unortizadon of the sums aecured by dtnfis Securitv In�tcument gruued by Lender to wy sucoes�ar ia intetrst of Botm�er ahill
<br /> -- `""'" not operatc Yo release tLe liability of tl�c�rigitW Borrower or Borrower'a sucaaaors in interest.�[�ender shaU not be requau�:c1 to
<br /> _.__ . _..: rn+nm.w.��.�.wY.vl:w�.�w.�inH�nv.ur�..e.�r i�;nr�.wst n�.rfi�.w►n�•e.nA Nm�.fnr n�vmrnr�+r nTh►►a+iw Mrviifv wmmYi9A7ifM
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<br />-,_,� af the sums secured by dhis Securiry InatrumeAt �by reasoa of aay demand m�da by tha odgirul Aorc�ver or Bomowa's
<br />.- - successota in inurest. Any forbearance by Lender in exercising any right or c�e.�nedy sh�ll not be a waiver o�f or preclude the
<br /> _._ -- exerciae of any right or rematy.
<br />-==r.; 12. Suceaeors and Assigas Bozinr]; Jolat and SeverAl Li�b[Ifty; Co-siiners. The covenu►ta aad agreemeata of ttis
<br />----�-::� . Securiry [natr�*�+t slull bind and benefit the successoru and assigns of Lender end Borrower. subject ro the pnovisions of
<br /> - Y puagr�ph 17. Borrower's covenanra and agneements shall be Joint �nd sevec�l. My Borrower who co-signs this Security
<br /> • Iusavmait but doea not eaaute the Note: (a) is casigaing thia Secudty Insttumeat only to uartg�ge�gru►t and oonvey th�t -
<br /> • . Bon+ower's interest in the A�operty wxler the terms of this Security Imtniment; (b)ia not peraonally oblig�ted to pay the sums
<br /> ---- aecurod by this Security Insttument:end(c)agroes that Lender and any other Borrowar cnay�grx to extead.modity.fo�bair or _
<br /> -=::s� mdce u►y�coommodations with ngucl to the terms of thi�Securiry Instrument or the Nae�.�ithout tbu Bornower's oonsent.
<br /> -=' . 13.Lo�n Ch�r�ee.If tl�e loan secured by this 5�xurtty Instrument i�aubJect to a l�w which aets muim�nm lo�n chuges.
<br /> and tLat law ia fin�lly Interpnted so that the interest ar other lo�n chuges colleeted or to be collected in co:nrection with tLe
<br /> --- loan excood the permiaed limits,then: (a)any such loan charge shall be reducal by the amouat neassary 3o mrduce tLe ehuge
<br /> � to the permi[ted Ilmft;�nd(b)anY sum3 already oollected from Borrower which excealod permitted timiu wlll be nfunded to
<br /> -_��;�';� � Borrower. Lender may choose to make this nfund by r�s:ucing the principal owed under the Note or by m�king a dinct
<br /> payment to Barrower. If a refund reduces principal, the reductioa will be terated as a partlQ pnpayment wittwut �ny
<br /> °""'_= prepayment c6arge nader the Note.
<br /> _—:_ 14.Notkd.Any notia to Borrowor pmvidod for in this Securiry Insaument shall be given by dellvering it or by malling
<br /> �-�;;� {t by first elass mail unless applicable Daw requires use of another method.The not9ce shall be iliraaod so the Propecty Addresa
<br /> -----°- or aay ott�er addnas Horrower desigaatea by notia to Lender. Any notice to Lender ahai� be 6iven by Cirst clats mail to
<br /> _- _ - T.�nder'�addr�s.t stued 6erein or any other address Lender deaignates by notice to Borrower. F►ny nodcc providod for in this
<br /> -- _ • Security Instrument shall be deemed ro have been given to 8orrower or[.ender when given as provlded�n th�s;par�graph.
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<br /> _'_,�.�;.,� 15.Govereing Iaw; Severabllity. This Secwiry Instrument shall be govemed by fakrd law and the law of tbe
<br /> •: :;�#;: jwisdictton in which the Property is loc�ted. [n thC event tbat u�y provlsion or eliuse of this Securiry lnstcument or the Note
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<br /> -��'•'.�;.j^,;,�,,,;?' conflicta witL applicable law,such oonU];ct shail not affect other prov.isions of Wis Seourity An�tru�ent or the Note which can be
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<br />,:_.,��Jr.l1}4},S given effxt without tlx conflicting pmvision. To this end the provisiona af this Security instrument and the Note an dc+clued
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<br />�:����_��.,;,:..,j lf.BorroNer'e C�py.Borrower shall be given one conformal copy of t6e Nae and of a�i�s Sxurlty Instrument.
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