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<br /> 98- 1c�e�s --
<br /> p�ymen�s may no longcr bc�+equ�irod,�t tt�e uptian nf l.endor,Ef nwrtgagc insurancx covernge(fn the anwunt an�i for the periad
<br /> th�t l,emler roquire:)pruvided by an insun r n�►ptavc�by l.ender ogain bocamev avaiirbie unci iF�wi�ina�. Tw�wwer �1u�il �wy
<br /> the premiumr requlred ta r�;tSma�in moABaSe Invuta►k:c In et'fat.�r to provide a loss rcserve. until the rcquircment far mnrtR�ge
<br /> :..y���,:.:T'°�,.�._�r,�a.�;�w�ch rny wriucn n�n�en�ent bctween Ebrrc�wer a�x1 Le�xler�►r upplicable Isw.
<br /> q� �n�peetln�►. �.etuA*r or its rigent m.uy malce rrr�nable entrier up�m a�xl inspectinns nf the Pm{�►rtty. Lendrr Klutl gtve
<br /> Bnm�wer noticc st the time af or pdor ta an inspation spccltyinY rca�neblc cause fnr thc{nspecQon.
<br /> 111. l:ondamn�tbn. 7'frc procea�y of any e�vard ar cl�im for dwi�agev, dircct or con�uential, in connection with any
<br /> cw�demn�Uun or aher takin�of�ny�urt of the P►uperty. ar for convoywxo in Neu uf co�xtemnutinn,ure hereby i�s�igned and
<br /> ShAll be Quid to L.rixkr.
<br /> In the event of e tcxal takin�of thc Pruprrty,tiic p��acc:cJ+shall b�appllcd ta thc sums secur�l hy thic SAcurity Instmment,
<br /> whether or nat then due, wi�h Any exctss prid to Barrower. In the event of A puRiwl taking oF�he Pruperty in which the fair
<br /> m�rktt vwlue of tfic Proper4y Immediatrly Ixfore the taking is eqwal to or grcattr than thc umaunt oi the sums secured by this
<br /> Securlty Instrument immediately bef�re the talcing,ein�ess Borruwu a�xl l.er�der othrrwise agree in writing,the sums�ecured by
<br /> this Secw�ity InsttumeN sl►all be raluced by the a�tnount of tho proccals multiplial by the following Fructinn: (u) the taal
<br /> amount of tbc sums secured Im.tstodiately beCoirie the taking,divldal by(b)tho fair markct value of t1�e FropenY immediately
<br /> befane the t�tit►$. Any b�lunce shxll be pa�kl to Bonowcr. [n th¢etent af A partial taking of thc Property in which the f�ir
<br /> market�alue af the PropeKy immeclixtely bcforc the taking is le.5s tAa►n thc amaunt nf the sums secured irrunadixtely txForG the
<br /> taking, unl�.s Barrower ancl GendGr othcrwise agtee in writing ar unlesx applicable I�w cxherwlse provides. tho.procerds shnll
<br /> be�pplied ta tho sums sequred by IAis Secu�iry In�trument whether or rat the sums ure then due.
<br /> If the Property is abandoned by Bor[ower.or if,atter notfce by Lencier to Bc�rrower that the cond�mnvr offtrs to muke an
<br /> award ur settle a claim fi�r d�mrges. �orrower fails to c�espand�to l.ender witt►in 30 days ufter tho dato tho notice is given.
<br /> I,ende�Is aothorizod to rnllect And apply the pracoeds,at its option.eith�r to cestoration or rGpzir of Ilie Ptoperty or to tho sums
<br /> socured by this SQcurity Inst4vrnent.whether or not then due.
<br /> u�� ��r � �rcaw���herwrise agcet in wridng, any application of proceodS ta principal shall n4t eztcnd or
<br /> postpone the due date of the mnuthly payments nfernd to in�ragraphs 1 and 2 or chAnge the amount of such puyments.
<br /> ��,�nrrr►wrr N�+t Rela�ei;Focbar�hee BY I�Not�W�iver,Bxtcnsion of the t[me for paymGnt or moJificadon
<br /> of emortization of the su�ns seeund by this Security Instrument grnntal by I.ender to eny successor tn intercst oF Horrower ahall
<br /> not op�iate to release the liability of the origtnal Bonower or Borruwer's saccessors in interest•1-e�der shall not be requtrod to
<br /> commenc�e pmcetldings�gaeinu any successor jn interest or rcfuse to exter►d time For payment or otherwise modlfy smoctization
<br /> of tho su�nc socurod by dds Sxurity Inshumeet by rcason of any demsnd made hy the original Borrower or Bortower's .
<br /> sup,�essors in interest. Any torbe�rance by Lender in exereising any dght or remedy shali rwt be a waiver of or preclude the
<br /> exe�+cise�f any right or remedY•
<br /> Y2. RNCi�eeors nnd A�ra Bound;Joiat and Several i,J�blllty. Co-st8ners. The covenants and agraments of this
<br /> Securlty Inatiument a�ll bind xnd bencfit the wcxesso.s�xi u.�si���of i.��ier and °a:szsa�er. �sbf�t s�tt� �rntii�;�,n�of ,
<br /> pnt�graph 17. Bortpwc;'s oovetunts and aSrc�ar�ehts shail be`Joint ud t�aver�l. Any Borrower who Gn-signs 1hi6 S�iUrity ; : .,
<br /> IrwtumarK twt dota n�t-bxaute tho Ncxe: {�) is cc�aigning this Sacurity �ti.luurt�ent only to mortgnget grant ar�d ci(qvG�►tt�aat ;'•,'�.��,
<br /> Borm�MOr'x�inttrest in the I�opeKy under ihe temys of this Securiry Instrunxnt:(b)is not,per�otally obligated to pay�{li�•sutru�?:-;.�.
<br /> saaire�by lbls Socurlt5'InsqUmG�t:'8nd(o)+S�as thu Lendrr and any other Samower aixy rg��ta extznci,madify:,'fbrbear ar .. ;..,,.
<br /> rt�ke�,yiy;�toonunod�tioAs with:�e�;F►rd to the tem�of this Sa;iirity instnunent ar iho Natti;w+tFpwt th�t Aorrower's rnnunt.
<br /> 13.Low Chttrg�,Yf.tha loin securod by Ihis Socudry YnstiumaU is subjD�.to a I�Iw'wfiich sets maximum Ic�an cltiax�es. ,'.+ �
<br /> and th�t I�w is flnally-�atatprated so that the itNerest ar other loann chuges oolleeted or to be coltetted in connection with the . ''
<br /> 0
<br /> laan exoeed th�permfned limits.then: (a)u►Y wch loan chuge ahall be reduced by the amount nooessary to reduoe the clwrge
<br /> to tl�e��iorm(tted limil>a,nd @) a�►Y sums�Ires�iy°°llectod from Horrower which axcoeded pern�tted limits will be nfunded to ,
<br /> ��µrG}.'[,ender rnay ctwose to mel:e this mfund bY roducing the principd ov�ed under the P�1e oC by mrkinE o dlroct
<br /> PiYandn;to�Bormwet: if e refund roduas RrihClp�t1„ the roduction will be tn�tad as a P�� P�Yment witUout iny
<br /> . pro�ymcnt di�uga�t���r th Nott. �
<br /> �,4,'Noda�s•Any notice to Borrower provida!for in tliiis Securtty Instnmxnt shull be given by deiivcring it or by m�lling
<br /> it b�r,��'icst�pl�ss m�il unless�ppliGable l�w t�quires use of uwthar method.The�wtla.shall be directed fd the Properry Address
<br /> ' o�xt�y,';ot�ior address Borrower ctesignaca by nvtia to Lendor. Any notta to Lender,sh}Il be given by f+rat claas m�ll to
<br /> �f•s�����i� rir�nyr other sddress Lendcr dmign�ta by nacice to Borrowu. Any notke provided for in this
<br /> Sxurity Lutrumen}siiall be doemed W hava beai Sivrn to Borrower or i.�nd�r when giveri as provided in this paraghph• ,
<br /> I5.Gova�dtl�;.,�M►; 5r�'erablky 'fhis Security L►strutnent st►all be govemed hy fedenl l�w �nd the I�w of IQe ',
<br /> jurisdiction in which ihe Property.is.located. in the event th�t�ny provision or diuse of this Security Inswmait �x the Note
<br /> oontlirts with�pplicable Isw,sucli conttict shall iwt effoct otltar�'provisior�s of this Sx�dt�r Instcuma►t or th�Note whlch an bs
<br /> giyen effxt without thc oontlicting p�ovision. To this eixi the pro�isions o�this Savrity�nsttument snd the Note an declacd
<br /> . tu be severable. �� �. � . of the Nute and of this Secari'�y Xnstrumrnt. :;;.�:.
<br /> � • 16.Borruwa s Copy.Bem►we�shall bc gi�ren one conformal coPy ,
<br /> . . ' Fonn 302d �IDO
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