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<br /> knv�►�..�ri_�_-_�....._. ---- .___ --
<br /> ;: 98- 10'�►s�$
<br />� prymerts nury no longcr bc requireJ,ut tt�r�iplinn uf Ix�►Jrr.If iiwrtgagc insmm�cc cQi��crugo(in thc umount atxl fut thc pericxl
<br /> ttiat l.eixlcr reyufre�)praviJed Q�y an inwrer u��pru��al 1►y I.c�xler uguin t�con�c�u��uilablc u�xl Is��htuinccl. Ikirruwcr ahall puy
<br /> the premium.r•reyu�nvl tn nu►iiituin nxirtgage insurui�cc in cff��cl,ur tu prrn•ide u I��ss reserve,unUl�he reyuirement for mort�uge
<br /> inwrance encls in ucconiu►x�c with uny wriuen u�r�tnxnt t►etH�an R�rn�wer uixl Le►Klerur�ppliruhle low.
<br /> 9. In.+prClMn. l.e�xkr��r its ugent nw�� nwkc reasonnhle enirlcti u�x►n un�l inspertions of Ihe Pro}xrty. I.cnder shall �tiva
<br /> Sarcawer nati��e at the timo af or prior to un inspe�.-lit�n specifying rca.umablc c�ucc fnr thc inspecd�n.
<br /> 10. Condemnatlon.Thc prcxeeda uf uny aa�urcl nr clalm for dnmugcs,dirat �ir c�uucqucntic�l, in connr.titfnn with uny
<br /> condemnutlon or other taking ai�any part of the Pr�►perty, or far cameyanca in lieu otcondemnatinn,nre hereby assi�ixd u�x1
<br />' shall be paid to Lcnder.
<br />� In thc cvcnt of a tatal taking af thc Nmpeny,the prnceala shnll bo upplial t��the sum,securcd by this Securiry Instrunxnt,
<br /> whether or nc�t �hen duc, with any oxccss puid to Bomawcr. In thc cvcnt nf a paaial tuking of thc Property in which the fair
<br /> m;►rket value of the Pmperty immcdiately bcfaro the taking is cquul to or greater tlian thc umuunt af thc sums sccured by this
<br /> S�,*curity Instrument immeciintely befa�+e tho taking.unless Bam�wer and I.erxier othcnvf�e�grcc in writing.the sums securod by
<br /> thEs SecuFii:y ��rscreiment shall be redueed by tho umaunt af the pr.pc�eods multipliai by the foll.owing fraction: (a) ttie tatal
<br /> a�n�cnt of r.hc sums Sccured immcdiately beforo the taking, dividcd 6y (b) thc fuir markes v��l►�e of the Property immodiately
<br /> before tt�e taki.eg. Any balunce shull be paid to 8or.r.owcr.. �n che evernt of a punint tak�r�g of the Property in whlch the fair
<br /> market value af the ProFe�tX immediatety before tt�tuking�s fess than tho wnauei.t of:tAe sums sc�ura!immediately beforc th�e
<br /> cai�ing,unless 8ormwcr and Le�xler oitieGwise agxee ie�writizig ar unless applicabte��w othe�vise provides,th�procoods sAa,ti
<br /> be applied to the sums secut�ed by this Socu�ity Ic►sarur�eeeK whether or nat the sums are tlien due.
<br /> If the P%perry is abandancd by Borrower,or if,aftec nadce by Lendcr to Borco�wer that the ecx�demncir affers t�cnake aa
<br /> award or settle a claim for da�nagcs, Bomower faits ta respond to Lcnder within 341 duys aRer the date the �otice is given,
<br /> L.ender is authorizod ro collect ancf appiy the prcxeeds,:zt iCs option.either to mstorazian or npair of the Propec�y or to the wms
<br /> socu�!by this Seeuriry Instrument,whether ar not the�;ctu2.
<br /> Unless Lrcnder and Borrower otherwise agc�ee in writing. any appliration of proc�eds to principal shall nat oxtad or
<br />" postponc t6.e�'nx;date of the monthly payments referred to in pardgrnghs 1 and 2 or change the amonnt o1 such paymcnia.
<br /> 11. Bbr�nwer Not Rdeaxd;For6earance By�.,qeadtr•Not a Watvcr. Extension of the time for payment or modification
<br /> c*{urartizatian of the sums secured by this Secarity liess.�r:tiai�nt granted by L.ender to any successor in intorrst of Borrower shall
<br /> �st operate to release the liability of the original�or�w.v��r ar Borrower's successon in interest. I.ender shall not be roqui�+ed to
<br /> � c��mmencc pmcadings against any successor in interest or r�efuse to extend time for payment oi a96ctrwisc modify emortization
<br /> �tS�'the sums,�eti�ured by this Security Instnement by r�eason of any demand made by the c►��ua,n! Borrower or BorroKCr's
<br /> . ��u�.,sor� it��a�mrrest. Aay furbearancc by L.ender in�xerc�sing any,ri�;ht or remedy shall not��L a wa�ver of or preclude the
<br /> !c�xt�rri�e of any;right or rcmedy. .;, �, �
<br /> ': ��`�2. SuSt;�,�sors�nd Assigns Bound; .loint ��1 Sev�eri�l Liat�lllty; Casigncrs.'The covenant� and agreements of this
<br /> �$�c►stity Ins}"r,'u��a� shall bi[�d and b�nefit,the sue�rssars tutd��.S.yn��s qf I.eix►et And Bortower,.sub,�ect to the provlsions;pf
<br /> {�tiagraph a t� A�rrtower's covenants and tirntee�esi�s shn1U;:�e ,f�iyit and several;�r�.:n�•�borrower ivho co-signs this SeSr��xa�j'' ..
<br /> .�,id�trument bUt ¢�ea �wt exc:�:ute tl�e Nute: il�) 3ic:c�ci-iaKning a�jis$tCUrity•Insttumet�rt mnly to n�rt�;ege,gr+ujt �td convey th�jt. .
<br /> ����.�4rowtr's intercst in the[�+u�p0rty under'tiie�c�ts���'this Security Instru►n�nr, �j is�+�t perso�Ltilly obli���tt!'ti3'pay tlte sutns � �'� �
<br /> �::��vred by this Security Insttwnent;and(c}agrets thnt Landtr and any athor Borrowi:r may agroe to exteM,Axxli�fy,forbear or
<br /> '�au�ce any accomrtad�tiana with r�egaM to thC terms of this 5xuriry Instrument or the Note whhoul•that Borrower's consent.
<br /> 13.Lain Clu�r�es.if thc loan securod by this Security lnstnunei�t is subject to �law whic�'s;ts mwcimuin!an charges,
<br /> and that law is finAlly interpreted so that the interest or other lwn charges collected or to be oolle�ted in connxtion with ttie
<br /> ' loan exoeod the perntittal limits, then: (a)any such loan,ci�rge slwll be reduced by the snwunt noas.eaiy to redua the cbarg�
<br /> ea�At�c pemutted limit;and(b)any sums al►�eady oollecteci Pibm Borrower which excecdrel permitted limits wiU be nfu�Wod to
<br /> ��,63ur�;nwer. Lencler m�y choose to make this rcfund by�reducing the principrl owed under the�lote or by �o�elcing a direc�.
<br /> �}�rxnt to Xicwrower. If a nfund roduas priRCipal. the roduction wlll be tnated as•� pn�ial Prepaymcnt without,ar.y..
<br /> P�Y�M',e6n'r�rr,t under tho Note. , ' ' � � � . '•
<br /> , 14.h6�la�es.,Any notice ta Borrower provided for in this Security Instrument.sh�U bG 4ev�ri�2�y dtlivering it or by maiiin�.::_�t �
<br /> ��K`Aip:,t�rst clise iHail unitts�pplicable Iaw roquires use of another method.The notice sh�l�t►a�I�litectad to the Property Address �
<br /> • :;c>r nny ott►er addrcss Bomiwer dcsignate$,by notia to Lender. Any noti�x to Leiid�i>s6►s�il!'.1t!�,��given by first clrss muil to �
<br /> "��qii¢t's address statod herein or any ott�r:,�iddress Lender designates by notice to�otian:�eK•.�1n,y'�otice provided for in tbis
<br /> �$�icjirity Instnuaent slwll be damed to have'Ihan given to Bottower or L.crnier when�given'ae���r�ov.i;lc�.in this pangnph.
<br /> � �.,:15.Governing Law; Sevenbtlity. This Socutj�y Instcumant shall be govas.txd by fedenii law and the law of tLe
<br /> ��ja��;�siiiction in which the Property is located. in the xti�ent'if�at any provision or c����2of this 5ecurity Instraeir��ent.or the Noto
<br /> �• crt�r.��icts wtth appltcable law.such rnnflict shall not qrilF;.ct other provisions af thi�9e�uriry Instrument or the y�t;�te�vhich can be
<br /> 1�...
<br /> �,:;�nvett,effect without the conflicting provision.To this end the provisions of lhis Sxurity Instrument and the�Vdtf ue derJ�red
<br /> ,i�,;���verabRe. •
<br /> � �• ��`;:•��6.Bomnw•er's Copy.Borrowcr sha1J:be given onc oonfomxd oopy of tt�e I�Sote and af this Securiry Instn�ment. •
<br /> • . Fam 302a 8lYO
<br /> ' � v.o.ao�e '
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