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<br /> ���:��< �� � 98-�ue��s5 --
<br /> ' ' �- '"- �rayr�nts may no loager�s requlrecl,at the option�f I.ender,if martgege insurance cavcrago(in the amaunt and far tho periaA �
<br /> � , � � , that I.endor requtres)provlded by an insurer approvcd by Lender agaln txcomes availnble and ie obtntned. Borrower et��ll pay �_
<br /> ;_.,�.� the premiums required to rn�intain mortgage insuraace in effect. or to provlde 1 loss reserva,until the roquirement for mort�ege _
<br /> . ' �' � iasuranaa ends in accordana with any wntton a�rament betwcen Borrower und I.enuer ur appllc.�bic faw.
<br /> _ � �p, 9.la�pection. Lender oz its agent may make reasonable eauies upon nnd inspcctions of the Properry. l.endcr ahdl giv�
<br /> "' ��` ' Boaower notice at tha time of or prlor to aa inspection specifying reasonable cause for the inspection.
<br />'.�';;�:�,t,_,s 10. Condemawtlon. 'Ri� praceeds of aay award or claim for damages. dirxt or conaequeatial, in caru�ectlon wlth any
<br /> � � � � condemnatlon or other taking of any part of the Property,or for convoyance in lleu oP condomnatian,nn hereby usigned �nd
<br /> sh�ll be paid to I.ender. `
<br /> ��� In the event of a total uking of the Proporty.the proce�s shall ix applied to thc sums aecuced by thls Secudty Inrtmment,
<br /> ��
<br /> ��"�� � whethcr or not thea due. with aay exoess paid to Borrow�r. In the cvent of a partial taking of the Praperty in whlch thc t�ir
<br /> aiuket value of the Properry immediately before the taking is equal to ar greater than the amount of the aums securcd by thlF
<br />-` • Securlty Instcument ima�edlitely before the taking,unl�ss Bomnwer and I.ender otherwise agree in wrldng,the eum�accured by
<br /> ^T ' this Securlry Instnuneat sliall be reduced by the anaount of the proceeda multiplied by the following frACtian: U) tho t�t+�1
<br />•. ��' ��• amount of the sums securtG irnmediatcly before thc tuking, dividecl by (b)the tair market valuo of the Property immedi�toly
<br />�+•��''`�'�'" � 6efore the talcing. Any bal�nce ahatl be paid ta Bonower. in thc event ot a parttal taking of the Property in �vhich the f�ir
<br /> '���'�°' market va�ue of the Properiy immediately befon tho takiug is less thaa the amaunt of the sums axured immedl�tely baforo the
<br />�"t��'::';�'s
<br />;.;;.�� ;, taking,unless Borrower and L.ender othenvisa agree in wrlting or unless applicable law othorwlse pravides.the proceeAs Fh�ll
<br />_,;;�tit,,:.5:;��.:;, be applled to the aums secwed by chia Securlty Inatniment whether or not the su�ns aro then duo.
<br />:;s,��;+;�:�� If the Propeny is abaadoned by Bonower,or ii,after notice by Lender ta Borrower that tho condemnor offors to m�ko dn
<br />��'•':�✓,*;;��, award or settle e clalm gor damt�ge.s, Borrowor fails ro respond to Lender withfa 30 d�ys aftee the date tbo notioo li givea,
<br /> •��:" � Y�F' L,ender is puthorized to collxt and apply th�proceeds,at its ogtion�either to restoratioa or repair of the Pcopetty or co ihs sums -
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<br /> � °_,_..:•:,: secured by this Securlty Inmument,whethar or uot trion due.
<br /> ::%h;�.'4;,;i"�� Ualcss Lender and �orrower othenvise agr�e in writing, any appllcation of procads to principxl ahail not extead or
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<br /> . postpone the due date of the monthly payn,entc refemd to in paregrapha 1 aad 2 a cbaage the amouat of sucb xyments•
<br />.;;y,;4���a 11. So�rower i�ui 31e1wasal;ro:ticmcautc IIy Lca�3:r 1�?oi a tNaEver.Extet��on of ths time for pRyrmm or mc+.118c�Non
<br /> Rn �'-,�Y-' � of amortizxdoa of Wa surns securad by this Sccurity Insttument Branted by I.ender to any successor In interest of Borrower sh�11
<br /> _"ZSf I
<br /> y�_�i;�� not operate ro release th�IltbiAty of the original Bomower or Borrower's sucoessors ia interest.Lender shall not bo reyulr to
<br />,�""���';�,� comnocnce procadinge ag�inst eny successor in intenst or n5�se to extend time for pryment or oWerwise modify unonizallon
<br /> --�_,:..=^�� of the sums se�urad by this Securlty Instnimeat by reasoa of az►y domAad m�de by the orlgin�l Bomower ar 8orrower's
<br /> _-— eucceasors in intereat.tlniy fotbearance by Lender in execcising any dght or remedy abail not be a w�ivor of or pteclude t�e
<br /> °*�� exercise of any dght or r+emcdy.
<br /> ---'� ti. 9acr.e�ors�nd Assigns Houaa;,iuiu¢ w-ni �-��! Lf��!l:-3r.��-'°..i��s. Tftt s�v�r_an�c and agreemenq of this
<br /> - �,����
<br /> �--��� Securlty Insuument atiall biiad and benefit the auc.cessora and assigna of Leader aad Borrower, subject �A th� provldons of
<br /> - _-_ — parag�ph 17. Borrower'a covenants aad agreementa shall be joint end severd. My Borrower who co-signs this Security
<br /> ------� Instrament but does not ezccute the Note: (n) is casigning this 5avdty Instrument only to mortgige,gran uid oanvey tbu
<br /> �---.---°' Bormvrar's laterest in thePcogerty unckr the tern�s of thi�Securlty 1nam�ment;(b) ta not personally obligated to p�y tho sums
<br /> �.:-� secured by this Secu�iry Iamumcnt;and(c)agrees thu Lcnder�ad any other Bottawcr may qgree to eateacl,modity,fo►�bear or
<br /> �,;,5�� make+�ny�ocommod�tior�wath regerd to the terms of thit Securiry Sa+tivment ot the Note wIttwut thu Bomnwer'a ooasent.
<br /> --- 13.Low Ctwrges.(t the loan secured by thi�Sxuriry Insaument is aubjoct to a law which aets mulmum lou►charbw�
<br /> � �nd tl�t�aw;s{inal�y intttpreted so that the interest or other lo�n charges collated or to bo collectod in connecdon wltb tue
<br /> lwn exaxd the penmitte�d limits. chea: (�)any such to�n cbuge ahull be nduced by the unount aeeessuy to reduco We chu�e _
<br /> ,.-„� co tt�e permittod itmit;u�d(b)u�y aums alnady collected from Horrower which exoadod permitted limits wlll be refunded to
<br /> gorroNer. L�ender miy daose to mahe thia refw�d by reducing tbe principal owed undet the Note or by maktng�ditxt
<br /> pryment to Borrower. It a nftind reduces ptincipal. tha reduction will be aeatal i+ a puti�l Preprymeat wltbout �ay
<br /> — prepiyma�t chuge under the Note.
<br /> - . 1�.NWlce9. Ea►�y s�odce to Borrower providetl for in this Security instrument shell be given by delivering it or by mafling
<br /> -� it by fint clas+maNL�vn�ta ipPlicable liw requires use of another mctkhod.The�rotice ah�11 be directod w the Property Add[as
<br /> — or any er&r a�im�?�r�rower desjgnues by nottce to Leader. My nodoe to L.e,mder ahell be given by fint cl�ss m�il to
<br /> L�ender'g addc�s�:tat�l�Sae3n or any other address Lender deslgnates by notice ta Borrower. Any notioe provided for in thts
<br /> Socudry Iastrumer�i shal:�r.�leemed to have beca given to Borrower or I.ender whea given As provided ia this puagrsph.
<br /> 1S.Gova�il.surr;,,�exrxabiUt3'• 'fhia Secutiry Insuvment sh�ll be govemed by fodoral liw �ad the law of the
<br />—_—__-- JuriadktIon in which t�te Pzm�:�Cy is located. In We cvent that any pmvinion or clauso of this Securlty Inscrument or the Note
<br /> ,,, � conflicts wtth applirable l�w,�ar.'h eonflict shall aot affxt other provisiona of t61a 5ecurIty Instrument or the Note which can be
<br /> =�us;� g;��q�ffcec witboesc the coat'Iid�ig,�rovtsion. To this end the provi►ions of thia Security Instrument and the Noto�re decluod
<br /> - - to be aeverabk.
<br /> -_= 16.Borro�c+r`e Copy. Bonm�ver sLa71�.:given onc confomxd capy of the Note uid of this Socurity Instrumcnt.
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