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��:� ��.,..�.��f� 5-'� - � �K��s�a�.•�;'�"., , ----- -. ,� ,. � — - — �- _ .. yr_�.M.��—=�:_ ' � �9s•;�t_.,..,,�.��-- ..�..L:..._.,_.:.__ , _-_- �-�----� - __ _ -- __ _ - _- - 97_ 1p�32� p�ymcnts ntny no lan�cn c�required,at thc option of I.cndcr, if m��rtgagc insurancc cuvcrngc(in thc nmount and far thc period � that I.ender requires)provided by an insurer approved by Lcndcr ugain lxxamcs uvuilnbic und is obt:►ineci. Ik�rruwcr sliall pay ihe premiums rcquircd to maintain onortgage insurancc in effcct,or to providc a loss rescrve,until thc rcquirement for mangugc insuranca ends in accordancc with any written agreemcnt bctwcen Borrower und L.endcr or npplicnble luw. 9, Inspection.I.ender or its agent may mukc rcasonnbte entrics upon And inspections of thc Prapeny. Lcndcr shall give Borruwcr noticc at thc time of or prior to un inspection specifying rcasonablc cause for the inspection. 10. Condemnatlon.The proceeds of any awurd or c1ulm for dwnuges, direct or consequcntiul, in connectian v�itli w�y candemnation or other taking of wiy part of the Property,or for conveyaice in lieu of candemnutiou,ure hereby ussigncd and shall be paid to I..cndcr. ln the event of n totul taking of the Property,the procceds shtdl be applied to the sums securc�by this Security Instrument, whcther or not then due,with nny excess paid to Borrower. In the event of a partial taking of the Property in which the fuir mnrket value of the Property immediately befare thc taking is equal to or greater thmi the amount of the sums secured by this Security Instrunxnt immediutely beforc the taking,unless Bor�ower and Lende�othcrwise agrce in writing,the sums secured by tiiis S�:urity Instrument ehall b^, r:duced by the nmount of the proczeds multiplied by thc following fractian: (a) the total amount.of the sums secural imraediately befbre the takinE• divided by (b) the fair market vulue of the Propercy immediately beforc the taking. Any balance shull be paid to Bc�rrower. In the event of a par:ial tuking of the Property in which the fair market value of the Property immediately before the taking is lcss than the lmount of the sums secured immedix.tcly before the taktnF, unless Borrawer tud I.cruler otherwise agree in writins or unlcss Applicable law otherwise provides,tho proceeds shall L�c applaed to the sums sccured b��this Security Instrument whether or not the sums arc then due. If the Property is abandoned by Borrower,or if,after notice by L.ender to Borrower that the condemnor offess to rnake an aw�rd or settle a claim for damuges, Borrower fails ta respond to Lender within 30 days after the date the notice is given, LetMier is authorized to colle�t and apply the proceeds,at its option,either to restoration or repair of the Property or to du sums secn��ed hy this Security Instnunent,whether or not then due. Unless Lender and Bonower otherwise agree In writing, any application af proceeds to principal sha.0 not extend or �,�,;,�arsc iltc 3ac da;e of�".e m�.^.Lhl;ga;meets ref�rrrri cn in�uraeraphs 1 and 2 or ch¢ngc the amount of such payments. 11.Borrower Not Relestsed;Forbeat�►nce�y I.ender Nat a Walver.Extension af the time for payment or moditication of umortization of the sums secured by tliis Security Instrument sranteci by Lender to nny successor in 3nt�e�est of.Borrower shall nat operatc to tetasisc the liabiliey of the original Bonower or Borrower's successors in interest. Lent�e�:shaif not be required to commenee proceuiings against any successor in interest or re�'use ta extend time for payment or otherwise:modify amortization of tBo sums secured by this Secnrity Instrument by reason of any demand mude by tha original Borrower pr Borrower's successors in interest. Any forbearance by Lender in exeroising wiy right or remedy shull not be a waiver of oi•preclude the • exercise of�ny right or remedy. 12. Sucassors and Assigns Bonnd;Joint and Several Llabillty; Co-signers. The covenants and agreemen�s of this Secutity Insttvment shall bind and benefit tha successors and assigns of Lender and Bortower,subject to the provisions of pnrAgraph 17. Borrower's covenants anci egreements shall be joint and several. Any Borrower who co-signs this Security Instrument but does not execute the Note: (u) is co•signing this Securiry Instrument only to mortgage. grnnt and convey that . Bonower's interest in tho Property under the terms of this Security Instrument;tb)is not personally obligatod to pay the sums secured by this Security Instrument;and(c)agrees that I.ender and uny other Bonower may agree to exteml,modify.for6ear or mAke.�ny uccomrrxodations with regard ta tl�e terms of this Security Instrument or the Note without that Barrower's consent. !3.Lonn Charges.If the laan secu�d �y tliis Security Instrument is subject to a law which sets maximum loan charges. and rhat law is finally interpreted so thut the interest or other loan charges collectai o.r to be collecud in oonnectis�n with the , loan exca� the permittai limits,then: (a)any sttch loun charge shall be reduced by the amount necessury to reduce the charge to the permitted limit; and (b)any sums alrer�dy collected from Borrower which exceeded perntitted limits will be refundod to ; Barrower. Lender may choose to make this refund by reducing the principul owed under the Note or by making a direct payment to Borrower. If a refund reduces pdncipal, the reduction will bc treatcd as a partia! prepayment without any prepayment chargc under the Notc. � 14.Notices. Any notice to Rorrower prvvided for in th{s Security Instrument shull be given by delivering it or by mailing it by first class mail unless applicable law requires«se of another metliod. The notice sh�ll be direcial ta the Property Addrtss ` or any other address Borcower designates by notice to L.endcr. Any notice to I.ender shall be given by first class mail to i.endcr's address stated herein or any other address Lendcr dcsignatcs by noticc to Borrower. Any notice provided for In this Security Inst�u►►tent shall be deemeci to have been given to Borrower or Ixnder whCn given as providod in this paragraph. � 15.Coverning Law; SeverAbility. This Securiry Instrument shnll be govemod by feder.il law and thc law of tl�e jurisdiction in w�►ich the Prc�perty is located. In tiic event thut any provision or clause of this Secaxity Instrumont or the Note � cunfl[ats with applicablu law,such conflict shu11 not nffect otiicr provisions of chic;Sccurity Inssrumont or tha Notc which can bc ' given effcct witt►out cho conflicting provision.To this end the provisions of this Security Instrument and thc Note arc declaral , ta bo severablo. 16.Barro�r•er's Copy.Borrower shall be given one conforntod copy of the Note and of this Security instrume�u. Form 3048 9190 ' 1'a�e a o�6 - ----- -�.._._ .--- --_