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<br /> � . . �'�`' PaYmeats may ao tonger 6e�►uic�d.at t�se ogtion of Le�er.if mortgage iasuraace ooverege(ia the a�mauutQ�nd�oi�gedod _�
<br /> t :`�' � :` t�at Lea�der �uires)Pmvi�ed dy aa tns�uer appmved by Lender again[�xoomes availnbie aad is aMa�ned.Burrower st�all p�y �: ,;
<br /> � ` - the premiuiac c�quired to muintaia mar�gage insu�anoe Bn effect.ot ta pmv�de a toss c�re.uari!tRe requisEmeat for mos�tgage
<br /> , �., •. iasuraace eads ia a000rdanse viith a�r cvritteo sgreement Oern��orrovier aztd I�uder or agplicable law. ��.��,
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<br /> .9.I�.�ed3na.Eeffier or its a�may make ceasonabie eatries upon and iaspesrions uf the PmPert3►-Ixuder shall give _-
<br /> ,'.. �;•� Bormwer a�tio�at the time of or prior to an inspectioa sPOCifyi¢tg trasoaabte cau�e for the inspection. ��:,
<br /> . - . °:� f0.Cand�mmattor�.'i'he prooeeds of anyr award or claim for damages, dir�t ar oonsequentiat,in oonnection with aay
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<br /> <<-:;`� ` `� oondeusaa3ian or other taking of siry prut of the Property.or for uoaveyanoc in tiw of oondcmnatioa,are here6y assigaed aad �=..
<br /> �� °`�" shall be paid to L�ndet. � ",-
<br /> • Iq the eveat of a tota!taking of the Pmperty.the pmceeds shall 6e applIed ta We sams serured by t�s Se+auity Insuument, !�°�-
<br /> ^ ,,. .•`_'�, whether or not then due,with any excess paid w 8orrower. In the event of a partial taking of the Property in wluch the fair • --`.�-
<br /> �� ' mtutcet v�tue of the Pmpetty immediately befo�e the taking is equal to o�r gt�atca tLan tlte amount of thc sums secumd by tiris __-.-
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<br /> - . :- .;::� Sewricy Instmment inanediately before the tal�ing.wiless Sormwer and i�der oihar�vise agree in writing,the sums secured 6y �-•
<br /> , <<�s. thls Security Insbnmeat shttll 6e zedazed by the amo�mt of the pmc�s mnitiplied By the following 5adion: (a)the tatal �._
<br /> . amonnt of the sums secuned im�¢iatelY before the t�ng,dividad�t (b)the fair mazket vatus of the Property immediatelY '�v.
<br /> befote the takurg.Any�balaare shalt be paid to Earmwer. ia the eveflt of a partFal taIdng of the Fcoperty ia wlucb the fau • ��.
<br /> ��..� � .�,+ asarEcet value of the Ropeng immqdiatety befor�t�e taking is Iess tt+aa the amount of the s�ms secured Immediatety before the �
<br /> ..-�, taking,unless Eorrower and I�cader ottteiwlse agee in wrItiqg or antess applicable taw otherwise provides,the prooaecLs shall �=°
<br /> �c`' ��� �,`� �`- be applled tu the snms saar�d E}r this 3ecurity InsfiltnEnt whethtr or nOL the sWns are then dne. `�'"
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<br /> � t< If the phugerty ts ab�oned hy Emrmwer,or if,at3er aotice by i�ender to Harrower t6at the cmademnat offe�s to mate aa � ,
<br /> . . -.�'t��'..�,'t�: awazd or settle a claim for damages.�orrower fatls to respond t0 Lender arlthin 30 days aRer the date the nodce is givea. "�>:
<br /> � , i Leuder is authorined w callect a n d app ly t he pr+o�e d s.at its aptian,either to resto�atian or c e p a i r of the F r n g e r ty or to the sums �'�'`
<br />: . • ..`�',�'• serut�ed by tlils Secusiry Instcumen�whetfier or not then dae. �:`
<br /> , - Uniass 1.e�der.and Horro�rer pWerwise agtee in writing.aaY aPPlication oP Pmae�ds.to Principal sba1� not e�end or E_
<br /> �-, 1�ostpone t�dae date of the amntbty taaYmcnts tseferred to in paragraphs 1 aad 2 or change the amowu of sncI�paymerus. �_��-
<br /> • � � Il.�omuwer Not��Furdeara�oe B9 H.�er Not a Waiv�.Extension af the tune far paymeut or modificatt�n +�--
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<br /> , `"•__: � .'- `of amortization af the snm�secured by Rhis SecarIty Iast�uent granted by Lender to any suooes5or in interescof Bomower shall _..._
<br /> ..'�;:;::��.�:��;�� :4 Aat opera��t�cetease thc liability of ct��u��inai Borrower os Borcewer's successo:s in interest. I.ender sha11 not 6e regai�d to _ --
<br /> , ,;..� U "f _:�a,atttteac��ei�diags,age6rt�t any sn�,�aa imerest or refuse to extend 6me for payment or othecavise modify amorti�tion . __
<br /> :'. �.t ;�i;�'�tlz2.s�iris secured by ths;�Security Tnsuument t�._reason of any de�rand mude by the orig'lna!Bomacver or Bomnwer,s ='.�
<br /> ' ..�q�ec���int�rest.A��f�-�fieatance by Lender�a r�cercisiag any right or remedy shall nat be a waives'���r pieefude the y� :_:
<br /> "� - �ei�s�i�a�~y xight or r�-'`y. ' ;:::;;. ` r:�' _
<br /> � .��: ' 12.�ors and Asstgos Bonnd;Joint and Several Liabllity;Ca�sign�xs. 'I�e'ca*renants and,ag�eements��t�is -- -
<br /> . . " ; ; SeCUrity]f��eqt'shaU bind and beaefit the saccessars and assigus of Leader and Borcowes, sabject ta the provisi�.�€ �_
<br /> • '..a .pacagraph 17. Borrowet''�fc�venants and agraements sha11 6e joint and several. An�y Borrower who oo-sigus thls Security �,
<br /> . _,:�.y�,., '..Ls�saumenc 6ut does not�cz:*e the Note:(a� is co-�i�ning this Securiry InsUUment only to mortgage,grant and convey that �
<br /> ,�x: !�'� Borrower's�nterest ia ch�: .1�.'rty under the retms c�*u�Security tnstniment:(b)is not peisonally obli�,ated to pay the snms �_ -
<br /> :"��j'; ,':�`x secumd by this Sc,curity Ins�s;�aeai;a?�4•.�ic�"a�rees�,�nder and��nthar Boirower may agree to extead,modffy.fo�bear ar _._
<br /> � �-.;';�,°J3uj .` rriaalcse airy ac�mmodaflons with regarc�c��e terms�.t�?S Seauity�,�,:.ament or tho Note withoat that Borrawer's eonsent. __
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<br />_ '•'{:�� 4�;. 13.Laan�Ci�tg�.T�"i�ae loa�t secured by t1wS�ty Insnu�ien`t is sabjec,�to a!aw wluch set�maaimum loan charges. __
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<br /> -' ,,�.`�;;';� �..� .�.�j; �d that!aw is finally in�ed sa that the interess rcc�dther!oan charges colTra�1 or to be ooU�itt cont�xiun avitD We
<br /> �� � �:"�uan eaceed the permitiai��:�tts.then:(a)any such loaa.charge sbatT be reda�.C�y the amount neoessary to reduce the charge =_
<br /> ';' � ' w the permittai limit�and(b)any sums almady collected from Bez�s�uEr whicb eaoeeded perinitted limits will 6e refunded to
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<br />_ ���::f�<h`: ��'..; Borrower. L e n der may c honse to a�a t c e t l u�s re f u n d b y r e du c i ng:��J 3'3,�c i p a l o w e d u a d e r t h e N o t e o r b y m a k i n g a d i r e c t �-
<br /> � . .. �`_ ' payment to Borrower. If a refund reduces princiDal, ttte mduc�:�� �e treated as a p2rtial prepayment arithaut any • L1 _
<br /> � �r.' � prepayment charge undecti6{r.Note: . �. �::�, ' '.� --.�-
<br /> � �' `.�`,; 14.Notices.Atry n�ta Borrawer provided for ln tiils S����nsttiu=.�rsc�hall be given by d�livering it ar by maiting --�
<br /> ,.:r,, ��:�r`� ,`• it by first class mail unle�applicable fi�v�+regulres Use of another�►pd.'�od.The natice shaU be.�rected to the Property Elddress �;'
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<br /> : ,5���y�;��r.� t or aay other address Borrowet des'i�a1�s by notice to Leadet. Aity notice tv I.eader sts�.:itrt�iven by t7�st class �il W
<br /> � � '� " ' Lender's address stated herein or any other�ddress�Lender designates by notice to Baaoaer.`Any nodce�rouidad for ia this ��:�
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<br /> • ' ' ' '� Seca�rity Insvument shall be dee�aed to have been�ik�a'i to 8orrower or 1.ender when given as provlded In t1'ra..^��a�.'ag�aph. �-:�:
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<br /> . � :�,:.';.�, � •• 15.�overning Law; 5everebilit�. This Se�i}+ InsWment shall be govemed by federal law �� �e law of the �r-�
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<br /> '; ,r�fe;�}Sj-•`� jurlsdic6on in which the Prope�ty is tac�toQ. In the event that any pmvision or clause of this Sesurity Instnuneat or tlr�.!�ote
<br /> : . : ` ����.��_;:. :� conflicts c�itls a ucable law,such oo�t shall not affest other stsioas of this Security Insmunent oc the Note whicit c.��e �=�
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<br /> - given eff'ece without the conflic�ing pruvision. To this end the prc�isioas of tttis Security Insmsment and the Note are dc¢��.� �-=
<br /> - � • '� tobesevera6le. . .r.�'s,
<br /> � . ' 16.Hun+ower'g Co�,.Bnnower s3a11 be givea a�e conformed capy of tfie�Tcte and of this Seeurity U4stn�ment. ��`-�
<br /> � ' Fortn302f$ 9I90 �,. �`
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