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<br /> 98° �U6'�'62 800K �'�3 PAGE �'�.
<br /> paymenls nwy ru►Innger be rec{uirc,d,at ttx i�ptinn of l.eixier, if rtx>ngega insurance coveroge(in the um�wnt bnd for itx peiiai
<br /> that l.enckr rcyuirrs)proviAod by an insurcr approvecl by l.enckr again beeam�s availoble x�xf is c�lained. 8orrower shell �ry
<br /> the�remiurna reyuired to rn�irnain mongage{nsutince in effect,or to provide a los.r•reserve,unti!Iht reyuirement far nr�rtgx�e
<br /> insurance tndti in uarordance with any writtm agrctmrnt betwoen Bormwer and Lender or applirable law.
<br /> � 9. iwi�ction. Leudee ur iu rgent nu�y ��wke rcas�n,�bl�entria upon and iacpcctions oi'the 1'mpcny. [.rnder shs�ll give
<br /> &xrower notice�t the time of�r prior to�n inspcction specifying reason�ble auu for the inspxtii►n.
<br /> �0. CondemndMn. The prcxeeds of nny�ward or claim far darnagcs, dircct o�consoquentiwl, Itl CAI111LY:UOtl WIUi 9tly
<br /> - condemnation or;cxher t�king of any p�rt of Ihe Pn�perty,nr fur conveyanae in lieu of co�xiemnation, nr�e h�:rehy usigned ami
<br /> - shall be peid tu l.ender.
<br /> In ttie event af a total ta{cing uf the Propeny,the procoedc shall be appliod to the sums socural hy thiq Security Instrument,
<br /> whcther or not then due, with�uty ex��s pNid lo&rrrrs.we�. l;n.�i.r,ry event of u putisi taking of d�c PropectX in. which the feir
<br /> muket value of the Property immodi�tely beforo the�aJting'r.�e�uaJ,to or grc�ter th�n die amount of the s�ams srxurod by this
<br /> Security Instiument imnxciiptely befarc the t�king, untess&.m�r�wer, arx! I.tnder otherwiu agroc in writinK,tE►e w:mx sc�care�d by i
<br /> this Security Instniment shall be rcducod by the asn�oun,� o£ahe �rar,eds multipliod by the f.e�ll�wi.it.g Er.asti�cm.: (a), che ucxa! �
<br /> • an►a►nt of dwc sums socurai immod'aatrly hefcrre t!�ta,f�eng,c�nvid,�ec!by (b) the fair markct vaQue�f. rJ'ae!'Rraper��c immediate[y
<br /> _ beforc the taking. Any baJ�ancc shal[ be p�i�! �o&r�av�rer. Im �!� c�:c�rr,t of a oartial tukine nf thr P..�w,a. ;,.,,»,�;;,►; .p,: g��
<br /> � rr�arket v�,twe ofi tho PtopertX immodialely bePoce the rak.i,�is tess rtla:��t ehe amoum of the sums set�ur�d irn,m�crJri•:ifi.�y befone the
<br /> t�lcin�. unless lbrrower aexk l.ender aherwise agree c�:�.YF�t;��rung a: �w�,'Y�s applicxble law otherwise pruvidcs,. �r��irocee�is shall
<br /> :'� be applia!to tAe sums se�,-uned by this Securiry Instna�rc•sr,�:�,•9�tt�e��.r.�t+.nt�he sums arc then due. �
<br /> If the!''cc�peKy is abandoned by BoRrowcr,or if,af,ter L�utiicr•b> l.ender to Borrower that thc condemr,or offtfs to make an
<br /> � aw�rd or sctclC a clnim for damages, 8onrower fails tc� arspond to Lender within 30 days after thc drte the n�atice is given,
<br /> L,rnder is authocized to colke►a�d apply the procoais�Ls^.;zs option, either ro rstorati�n or repair of the PropertY or to the sums
<br /> �i securad by this Securiry ireslrument,whether or not tBr�n ilue.
<br /> ''i Unless I,ender ux1,4�srr:+�wer otherwise agrec'it}.��rri�in�,:p7,��application of prooeeds to principal sh�ll not extcnd or
<br /> �'• postpone tMe due dste of the�qonrhly�cs,i�:�;�.��.nts rcfs�mt 7�'in���r-:�pns 1 u�d 2 or change the amount of such payments.
<br /> �." 11.Borrower lYot Rek��:d�F�qp,�ac;��;nnoe gy �,t�er Nd a�1Y�iva. Extcnsion of the time.for payment or modiCication
<br /> "�3 of amortization of thc sums�secured by t'h�i:�;.;S�corily llas?;�amcnt gr,►ntod hy Lender to any sucassor in interest of Borrawer shall
<br /> .� rat opna[e to rolease the li.i.,�ci;ity of the a�Fin.inal&iT�ra�v:r,br Borrow•er's successors in intercst. L.ender shaEf;�n:at�be roquired ro
<br /> oommence proceedings agAv�z,t any suooesst>T t��intar�;at vnrcfuse to exteM timc for payment or ptherwise i�Y�y�;;i;:y drtwnization -
<br /> of the sums socurod 6y thiS Sc�curiry lnstrument by teason of Ar�y demard made by the original Borrowca��:c�e,Borrower's �
<br /> s�casors in interest. Any Yotix�uanc;e��}�,�.t�r in exercising any right or rcmody shall not be a waiver o�;u� •.pte��upY� ro��'e'• ;�F�_-_
<br /> „��... �
<br /> oxerciu of any right or reme3y. ' � 'y,• ".�+-�•. . _
<br /> � ' � � � • -
<br /> 12. Succee�ors a� .'�i:c+��ts &w�iid;Joiat and Severd �,lfi;�fl]�,y;Co-si�irrrS. The covenants and �y;r,���,;:nei�f.�'dY':t�i�s ,,.:.•:��. _
<br /> « Socurity Inst�ument shplq I�itr;i a7�d benefit the succes�ci�anJ as.d;'.gns'�f L.enc?.�r ;tnd Bormwer, subject to a�h,e.;�rovisjML�;�'i�.�:�•.':;� .,
<br /> :, pivage�ph>.17. &irrower's''cov�nts a�xi•agroenxn=5.5:1��11 be j�iirit -uu1 sevaral. Any Borrower wha co-sigp� this Stc;s�:jt�:
<br /> , In�trumem bu�.d�es rat execute the N6te: (a) is oo-si�niug this 5ecurity Instmment only to mortgage, Bnutt and uonvry tfiat
<br /> Borrower's interest in the Pnop�riy under�tlie ternu o6�t�his Security Instrumetd; (b)is rat persotkily obligatod��o.�y the sums
<br /> aavrad by this Securiry Instrument;sr�d(c)agrees t�iiit i,ender arrl any other Borrower may agroe to extend,n,saar!'tYy,forbear or
<br /> m�ke�ny aocortunodations with regard to the terms oF'this Security Inurument or the Ncxc without that Borry��;�;er'�EonseiK.
<br /> 13. I.ou C1�rqes, if the lcw�savnxf by this Socurity Instrument is subject to a law whjch sets mwcim�Sht lan ch4rgex,
<br /> aad thrt law.is.finally interprcted so tt,�,t the intuest or other lou� chuges oollected or tu be cullectod in connaxion with the
<br /> loan eaooed Cfie pCrmittod limits, t}Kn:��u)any such IMn charge sluill be roducod by the amount r�eoe.ss+iry.to mdua the charae
<br /> to the permittrl9 limit;wd(b)any sums al�dy collocted from Borrower which exceeded permitted limits wiil be refunded W ,
<br /> Borrower. L,e�der may c!K'+c�>Se to mslce this refund by roducing the principal owed under the Note or by rtu�king a diroct �' �
<br /> �:•`:
<br /> p�ymait W Bormwu. rf'a tefuted miucxs prinripal, the roduction will be treatod as a partial prepoyment without any,
<br /> � � P�Yma�t charge under the Note. � •
<br /> 1�.Kotjees. Any notia to Bomower provided for in this Securiry rtutrument shall be given by dtlivering it or by mtilirlg ,
<br /> it by first class mail unless applicable luw rcquires ase of uather rt�ethod.The notice shall be dirccted tp lt�:.�tnpeety Addre.c�
<br /> �, ', br any other sddctiss Borrower designatss by notice to L,ender. Any notice to l.rncier stwll be given by ft:'rr«�clus m�il to
<br /> - ': �l.ei�cier's address statal herein or any aher sddras I.ender designates hry natice to Borrower. Any notiet prpvida!far in this
<br /> Sa�urity I�icnwnent shall be damod to hAVe been given to Horrowe�or Lender when given as providod in this p�ngr�ph.
<br /> 1S.��v.ereing L�v; Seraxbil�tp�. 'll�is Security lnstrumemt shall be govemod by federel IavM ani the law of the
<br /> ,.L jyrisdittiui����s��`wfiich the Propeny is Ioc�t.eaJ.In the evertt that nny provision or claux of this Securiry lnswmrnt or the Note
<br /> �r ea►�+r,�lia�.�w�t�rapplicsble L�+v;,such cpntlict sh�lt nai�ffecl ottKr provisions oF this�Cecuriry Instrummt or thr�ate which can be
<br /> '� gi�'en ePfel:�t�Mi��,�rwt t�e•:o`.tea;i�i�►g psq�-�t,ocu�.'Tq,rfitii�;:cwd thc provision�of this S�vrity Instcumcnt and tEwe l�;aee ue doclar�d , . .
<br /> � to t►e'sevcr.�'n�':.e: ': • , ,. . .. .,�.,
<br /> � . !d:l�pi�nr�rrrver's Copy.$pIT+pWCC;9�liF��;?ca given one oonforniod copy of tFK 1lFae and of t1�u�:he�rity[r,�ti�u�oerit. .
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