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��Y.••^,47" � . . °:�Ii�, w .. . � '`'.._'_-��.� _ _ � .-- =-_ --�"---- — � 97- 1�►'�i� payments may r.o longer be requEred.at the option of Lender,if nwrtgngo insuruncc covernge (in the�mount e�x1 fo t e penod th�c Lender requires}provided by an insurer approved by L,ender egain b�comes nvuilable snd is obtuinal. Aorrower shall pay the premiums requirod ta malntatn mortgage insurance in effect,or to provide a loss res�rve,until the requirement for mongage insurance cnds in ncrnrdance with any written ngreement between Borrower and i.encler or applicable law. 9.Impection.Lender or its agent n�ay make rcasanable entries upon und inspections of the Property. Lei�er siiall glvc Barrower notice at the dme of or prior ta an inspec:tion spectfying reasanahle cause for the inspation. 10. Condemnation. The proceeds of any award or claim for damages, ditect or consequential. In connection with any condemnation or other taking of any part of the Property.or far canveyance in lieu of cflndemnation, are here6y assigned and shall bo pajd to Lender. In the event of a total taki�g of the Property,the proceeds shull E+c appNed to tha sums secured by this Secudty Instrument, whether or not then due. wlth any sxcess pnid ta Borrower. In the event af n partial taking af the Property in which tho fair market value af the Praperty immedlataly l�fore d�e taking is equal to or greaur than the amount of the sums secured by this Security Instnunent immediately before the taking,unless Borrawer und I.ender atherwlse agrec in writing,the sums secund bY thia Socurlty Ynstntment shall be r�duced by the umount of the proceals multlpliod by the fallowing fracuon: (a) the totnl amount of the sums sec�ued immcdiately before the taking. divtded by(6)the fair market value of the PropeRy immediately befara the cakin$. Any balance shall be paid to Bonower. In the event of a pa�tial taking of the Property in wh3ch the fair market valuc of Il�e Property immeciiatcly hefore the taking is l�ss than the nmount�of the sums securaf immediately before the teking,unless Borrower and Lender othenvise agree in writing or uciless applicable law otherwise provides.the proceeds sha11 be applied to the sums secured by this Securiry Instrun�ent whether ur nat the sums ure then due. If[he Property fs abandaned by Barrowor,or if,after notice by Lender to Boccower that the condemnor offers to make u� award or settle a claim for damages,�rrawer falls ta respond to I.e►xier within 30 days after the date the natice is given, Lender is authorized to oollect und apply the�roceeds,at its option,either to restorutIon or repair of the Property or to the sums secured by this Secur�ry Instrument,whether ar not then due. Unless Lender and Borrower othenvise agrec in wdtin$. any applicatlon of procads to principal shall not extend or postpone the due date of the manthly payments refenod to in paxagraphs 1 and 2 or change Ihe amount of such payments. 11. Borrower Not Relessdd; Forbearance Hy Lender Not A Waiver.Extension of the timo for payment or modification of amoRir.atton of the sums secured by this Securtty Instrument granted by Lender to any successor in interest of Bonower shall noi nper+sic t�►�i�ti��lSabilir;rsf s�e or?gins!Henew?��*�nower's successors in interest. Lender shull not be requlred to . commence proaedings against eny successor in interest or refuse co extend dme for payment or otherwise modify amortization of the sums secured by this Securiry Inatrument by rea�on of any demand mado by tAe original Borrower or Borrower's successors in interest. Any farbearance by Lender in exercisfng any dght or nmaiy shaA nc�t be a waiver of or preclude the extrcise of any dght or remedy. 12. Suocessors and Assigns Bound;Jolnt and Srver'pl Llabiqty;Co-stgncre. The covenants nnd agroements of this Securiry Instrument shatl bind end b�nefit the auccessors and assigns of Lender and Borrower. subjxt to the provisfons of paza8rspii 17. Burrower's covenants �nd agreements shall he joint and sevenJ. Any Borrower who co-signs this Sacudry ` Instiument but does not executa thc Note: (a) is co•signing this Secudty Instrument only to m�ortgege,grant and wnvey that Borrower's intercst in che Property under the teta►s of this 5ecurity Instrament;(b) Is not perisonaUy obligatal to pay the sums secured by this Secur�ty Instrument;end(c)agrexs that Lender and any other Bortower may agroe to extend.modify,focbear or make my eccommodetlons with cegud to the terms af thts Security Instniment or the Nate without that Borrower's consent. 13. Loan Cturges.If the los�n secured by this Security Instrument is subJat to n IQw which sets maximum loan charges, and tMat Iaw is finally interpreted so that the intec+est or other loan charges oollected or ta be collected in oonnection with the , loan exceed the pormltted limits,then: (a)any such Ioan charge shall be rcduced by the amount necessary to roduce the clu�rge to the pernutted limit; and(b)any sums already collectod finm Borrower which excoeded permltted limits�vill be refundal to Borrower. L.cnder�may choose to make this refund by ralucing the principal owed under the Note or by making Q direct payment to Borrower. If a refucxl re�uces principal. the reduction will bc treatod as a partlal prepayment without any prepayment charge under the Note. 14.Notias.Any nodce to Borrower provideS for in this Securiry Insuument shall be given by delivering it or by mailing it by first class mail uniess applicable law requins use of another method.'fhe notice shall be directed to the PropeRy Address ' or any other address Borrower designates by notice to L.ender. Any notice to L.ender shall be given by first class mail to Lender's address stated hemin or any other address Lender designates by notice to Borrower. Any notice provided for in this Sccurity lnstrument shall be deemed to have been given ta Borrower or L.ender when given as provided in this paragm.ph. , 15.Governing Ls�w; SBVerabflity. This Security Instrument shali bc govemed by federal law and the law of the ' Jurisdiction in which lhtl F7operty is lacated. In the event that any provision or cl�use of this Securlty Instrument or the Note ` coz�flicts with applicable law,such conflict shall not affect uther provisions of this Seturity Instrument or d�e Note which eun be given etfect without the confltcting provislon.To this end the provisions of this Securiry Instcument and the Note are dxlared , to be aeverable. 16.Bormwer's Copy.Borrower shall be given one confornied copy of the Note and of this 5ecuriry Insuument. Form 3028 8I90 v.�.�o�o � r • _ ________ .� t. ..__ �� -- --- --- _ --_: R_�_ .�.R.��:��.._..� - - ��- -- - - - ------ - - - _ -__----- - - �_� =_ -- - ---- �.�--.-_-��=- . —_��. �^��i��,.. __— R:T.'{�(�'��.'C:�.��.�OYa�11�'!.LL �Fa•Pi'�•i'�c—_ '-��Fi�'�. :- _ .?� 7 i.}::s..:�`;.��.. t.. . . . . ... .. , .v�'9' ".,+t°aa - _ . _ —.