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<br /> I •• i�uunuxc cuvnrage(in die aniouut and for the periud .,.'•;y;:w,
<br /> � p;�yment,may nu lu�iger t+� rrquired, at die opciun of lxnder. if monb.+ge . ;:
<br /> ] d�at Lxtxler requires)provided by an insuter appruvrJ by l.Ci�ler agaiu b:conies avail�ble x�td is oMained. Borrower shnll pxy r �,,
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<br /> t hr pren�iums r e y u i r e d t o m a i a t a tn mort ga ge icuurdix:e iu effr�:t,ur io ptovide u laa.r•reservr,undl the requirement for mortg�ge
<br /> .... -� intiura►x:e encls in accordaarx witli nnY written agreeiuent hrtwan Borrc�wer and Lender ar app Uca b le law. •;�}��z•,�;._
<br /> 9.In4pection. Lender or its�gent may make reasonable enuies upnn w►xl iaspeccions of th�Propeny. LenJer sha11 give ,��,�,,,
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<br /> Burtuwer notice at tl�e time of or prior ta w�inspe�:don tiprcifyiag rrasonable cause far die icupecdon. � ;;�+,7�a�:_:•�_
<br /> 10. Condemnat[on. 'IUe proceeds of any award or claim for d:u►klges, direct or consequeudal, tn connecdon with :u►Y .:_{���-��s--
<br /> ° �r:r
<br /> cu��lemuadon or other takiu8 af anY Pu�of ct�e Propecty,ar for conveyatu:e in lieu of condemaadoa,ure l�ereby assi8ned and ,��L_
<br /> � sl�all be patd to Lender. . --
<br /> ' 4i the event of a total takinB of the Properry. the proceede sh�l�b�aPPliad to the sums secured by this Securiry InSmiment, � ; ,,_
<br /> whedier or aot then due, with any excess pui d to Borrower. In tlu event of a partial eakin8 of the Property in whicu the fair �`�r�-
<br /> inunediately befare t4e takinB is eqaal to or greater tlu�u th�amount of the sums secw�cd bya s � �,'..._-,.--
<br /> nurket value of the Property __
<br /> Security lnsuunient Immediately before the takiag.ualess B°rrower and Levder otherwtse agree in writing,the svms secure Y _.
<br /> r� th�h Sccunty Iqsttument shall be reduced by the amount af the proceals multiplied by the following frlction: `a��ia el� � ��
<br /> .� a�nount of the sums secured immediately before the talrinS. divided by(b)che fair warket value of the Property� Y ,�.__�
<br /> taking of the Property in which thc fair (',-a�;�:.
<br /> • before the taking. Any balance sha11 be paid ro Borrawer. In tlie eveac of a parcial �v_=_ .
<br /> b market value of the Pmperty immediacely beforc the taking is less�han the am�unt of thc sums securcd im�nediately bBfore th� sn-c-
<br /> licuble law otherwi.5e provides, the proceeds shull �.=n�_�p
<br /> taking, unless Bonower and Lender othenvi.se asree in wridn8 or unless app' _ --
<br /> -�. t►e applied to the su.ms secured by this Security Insuument whether or not the sums are th�n due. --
<br /> If the Property is abanduned by Borrower,or if,after nodce by Lender to Borroa�a cl�at the condemnor affers to make aY► �,i�_
<br /> avward or setde a claim for damages. Bottower fails to respund to Lender within 30 days after the date the nodcc is 6iven, �` -
<br /> 1 thc roceeds.at its opaon,rirher to restoradon or repalr of thc Property or to the sums �;',-r;-_
<br /> l.ender is authorized to collect and aPP Y P !'�°__.
<br /> secured by this Security Insmtmenc� whether ot not then due. �
<br /> Unless Lender and Borrower othenvise agree in writi�S. anY aPPlicadoa of proceeds co principal shall not extcnd or
<br /> ________.__ _ �,���P�ue date of the monthly payatcnu referred to in paragrapl�s 1 and 2 or cWtngc the amount of such payment�•
<br /> • 11.Borrowa Not Relessedi F�� By �dar not�bvnver.Exu�ion a:ihc t�e far gayment or aiodificution
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<br /> of amortizadon of thc sums secured bY tl�is S�urity Iasuument�►ted by Lender to any successor in intctest of Borrower sha11
<br /> rti a
<br /> ' mt operate to release the liability of the original Borrower or Boaower's successors in inte�t�r o��������d°n
<br /> c.x�une�e proceedinSs a8ainst any succlssor�ineIIit brest o�nfi�se any deniiwd�cmud�. by the original Borrower or Borrower's
<br /> � . ut' the svms secured by this Sti°.cufity fi bt or remedp sH.�ll mt ba a waiver of ar preclnde the ��
<br />- ,uccessors ia interest. Any focbearance bY Leudet in exercising my S -
<br />'"` . exercise of any right or remedY• ents of this ` " " _
<br />' • 12. Successors and Assi�s Bound; Jolnt and Sevaal Uabflityf Co-si�is. 'I'he caveaa�s wd �B�
<br />:. �eC;urity Insuument stml l bi n d a a d benefit tLe successors and assiSn�of Lender and Borrower, subject to the provtsioas of
<br /> paragraPh 17. Borcower's cov�nants and a8reements shall be joint and several. Any Borrower who co-slgas this Sec u r icy
<br />�"� ,� ' Imtrument but does noc executc the Note: (a)is co-signing this 5ecurity lasmimanc only to mo�tgage. grant and convey chat
<br /> '"`' `,�` '' Borrower's interest in the Properry under the terms of this Securicy Iasttument;(b)is not PersonallY obligatal to pay the sums
<br /> :'' = '.. � serured by this Secority Iastn�meac; und(c) a8rees d�at Lender and anY other Borrower may agree to exund.modlfy,forbear or
<br />�'•°�'.�" � maks any accommaladons with nB����e terms of this Securiry Insmiment or the Nou without thut Borrower's coasent•
<br /> ` i3.Loan Char�es. If the loan securecl by this Securiry Insaument is subject co a law which sets maximum loan charges. --
<br /> ' • au�tb.at law is finally interpreted so tbat We inucest or othar loui cLarges collectzd or to be collxted in canacdon with the =-
<br />-- � '' l o a n e x c e e d t t i e p e c m i t t e d l i m its,then: (a)any such loan ctiatge s6a11 be reduced by th�t azuouac aecessuY�o�uce the charge �
<br /> ' to the pecmitted limit;and(b)anY s►ms already collected from Bonower w l ric h ez c e e d e d p e m�i tt e d l i m i t s w i l l b e n f u n d e d t o �
<br /> gurrower. I.ondEr may choose to make thjs refi►nd bY reducing the principal owed under the Note ora Y ent wi�thout�any -
<br /> J;,a•�•����.� paynient to Borcower. If a refund reduces principal, tl�e reduction will be treated as a Partial PI'�P Y� _
<br />� prepaynient charge under the Note. d
<br />� � ' 14.Notioes.Any norice to Borrower provided for in Uus Sauiiry Insnvment shall be given by delivering It or by mail� _
<br /> .. � '� ' it by 6rst cldss mall unless applicable law requices use of anott�er method.The aodce sha11 be directed ro the Propecty
<br />- • or :uiy other addcess Borrowor desiguates by notice to I.euder. Any noace to L,ender shall be given by first class mail to �. -
<br /> � LenJer's address stated herein or any o�her address Lendet dc:signates by notice to Borrower. Any nodce provided for in tbis ;3��
<br /> ' ' '� Sec u ri ty I n s u u m e n t s h a l l be dcemed to have been given to Bortower or I.eucicr whon givea as provided in this paragraPh• ___
<br /> ;. 15. Govern[n� I.aw; Sevu�ab[litr. 71�ts Security Iavtrument shall be governc d by f e de r a l l a w a n d t h e l a w o f t h e __ --
<br /> jurisdiction in w}uoh the Propeny is lcxated. In the event that any provision or clause of ttus Security Instrument ar the Note " ::=_�---�
<br /> � cuiiflicts with applicnble law,such conflict shull not affect other provisions of this Securiry Instruntiont or the Note which can be
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<br /> given effect without the conflicting provision. To this ensi th�provisiou5 of this Securicy Instrument aud the Note are dxlared -.. �,�^,
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<br /> ' n�h�;sevenble. .'-`�'�=;
<br /> 16.Borrower's Copy.Borrower sUull b�given one cunfom►ed copy of the Nuu:und of this Security Insmw�ent. _
<br /> Form 3028 9190
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