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. , w�,..,.�.� <br /> ; _ <br /> , ,.;.�_�...x:�.T�•�--�---� <br /> --�--�,------�----- __...__-_.,.• <br /> .�--- __ <br /> . . -'-' - <br /> -.r..,.��.,�..�...,. ,...:;`Gi�tii•-+c..Wacr_�� . �W��..�_.---_-- <br /> __- .._ _ ._`_�_-___... _ ._. .-.- . <br /> __ _ _ ..___ _-___ -__ .. .__. <br /> _ ' <br /> - _ 97-1t�'�385 <br /> puyments�ray na longer bc rcyulred,ut thc��ptbn of 1.�;�xicr,if m��rlgugc Insurnncc covcrngc(in tl�c umount und for Ihc porlad <br /> that[.c�ler r�.quires)pr�v{ded hy an insurcr appr�v�l by Lc►xlcr uguin bec�mws uvuilunlc und is obtainc�i.Batrower shall pay <br /> the prcmlums rcquircd to nmintnin a�rtgagc insurance in cffcct,or to prnvidc u luss rescrvc,until the requiremcnt far nx�rtgage <br /> insurunce cnds in accarduuce with uny written ugrcenxnt between Bottuwer uixl Lencler ur upplicable luw. <br /> 9.1 nspectlon.L�nder or its ugcnt u�ay make reasanable entrfes up�m uncl inspcctious of the Property. Lcndcr�shull give — <br /> Borrower notice at the ti�ne of or prior ta an lnspection speeifyfng reasonabte cuu�:fi�r tl�c iutipectiun. <br /> 10. Conclemnation. The ptoccals of any award or claim far dun�ages,direci or cansequentiul,in cannection with eny <br /> condemnntion or other tuking of any part of the Property, or for conveyance in lieu of ca��demnation,ure hereby assigned and <br /> shall be paid w I.ender. <br /> In thc cvert af A total tnking of the Property,the pmceeds shall bc npplied to thc sums sccured by this Security Instrument, <br /> whether or not then due. with uny excess paid to Borrower. 1�the event af u partial tz'.:ing of the Properry in which the feir <br /> market vulue af the Property immcdiately before tho u►kin�is eqiwl to or grcnter than tl►a anwunt of the sums sccured by this <br /> Sccuriry instrument immediatcly before the taking. unless Aorrower and Lender otherwlse agrec in writing,the sums securod by <br /> this Security Instrument shnll be re�lucecl by tlie amount of the proceeds multiplied by the following fmction: (a) tl�e toutl <br /> amaunt uf�he sums secured immediately baforc the taktng, divtded by (b) the fair markct vulue of the Praperty immedistely <br /> (refoce the t�king. Any bstlance shall be paid ta Borcower. In the event of a partial talcing of tltie Praperty in which the fair <br /> market vaiue of the Praperty immaliately befare the wking Is less than the amount of the sums secured immedistcly beforo the <br /> takiag,urilas Borrotver and L.ender otherwise agrr,c in writing or unless upplicable law otherwise provides, che proceeds shall <br /> be a�plied to the sunu secured by this Security Instrument whether or not the sums are then due. <br /> If the Property Is abandoned by Bonower,or if.atter notice by Lender to Borcower that the condemnor offers to make sn <br /> award or s,�tie a claim far damages. Borrower fails to respond to L.ender within 30 days after the data the notice is given. <br /> Lender is a�ttmrized to cc�llect and apply the proceeds.ut its optIon.either to restoration or mpair of the Property or to the sums <br /> :sr,cured by this Security uismunent.whether or not then due. <br /> llnless Lender ucxi Borrower otherwise agra in wridng, any application of proceeds to principal sl�all not extend or <br /> postpone tho due date of the monthly payments referred to in paragcaphs 1 and 2 ar change the amount of such puymants. <br /> Il. Borrnwer Not Reles�sed;Forbearance By i.ender Not a Watv�r.F.xtenslon of the time for payment or modification <br /> of amottizatton of the sums secured by this Security Iastrument granted by Lender to any successor in interest of Bonowtr shall <br /> not operate to release the liubility of the original Bocmu•er or Borrower's successors in interest. II..ender shall not be requirod to <br /> ��j..,,,��f�;na�ag1n�t any cuccessor in inten�st or refuse to extend time for payment or othenvise modify amortization <br /> of the sums secured by this Sa:uriry Instrument by reason of any demand made by the or�ginal Bcnower or �omowers <br /> successors in interest. Any forbearance by I.ender in exercising any rIght or remedy shall not be a waiver of or preclude the <br /> exercise of any dght or remedy. <br /> 12. Successore and Assigns Bound; Jolnt wnd Several LlAbility; Co-signets. 'I'he covenants and agreements of this <br /> Security Instrument shall btnd and benefit the suooessots and assigr►s of Lender and Borrower, subject to the provisions of <br /> paragraph 17. Bonower's covenants and agraments shall be joint and several. Any Borrower who co-signs this Securlty <br /> Instcvment but dces not execute the Nau: (a)is w-signing this Securiry Instrament only to mortgage. grant end wnvey that <br /> Borrower's interest in the Property under the terms of this Security Instrument;(b)is not personally obligated to pay the sums <br /> secured by this Security Instrument:and(c)agrees that Lender and any other Borrower may agree to extend, modify.forbear or <br /> make any eccommadatians with regard to the terms of this Security Instrument ar the Note without that Borrvwer's cnnsent. <br /> 13o Los�n Charges.If the loan secured by this Security Insmiment is subject to a law which sets maximum loan charges. <br /> and that law is finally interpreted so that the interest or other loan charges collecte�or ro be collected in connection with tht <br /> loan exceM ti�e permitted limits, then: (a)any such loan charge shall be reduced by the nn►ount necessary to raluoe the chazge <br /> . to the pe�mitted limit: and(b)any sums already collected from Borrower which excoeded pern�itted lienits will be refimdod to <br /> Horrower.L.endor may choose to make this refund by ralucing the principal owed under the Note or by makfng a dinct <br /> payrnent to Borcower. If a afund c�educes principal, the reduction will be treated as a partial prepuyment without any <br /> prepayrrxnt charge under the Note. <br /> 14_Notkes.Any nodce to Borrower provided for in this Securlry Instrument shall be given by delivering it or by mailing <br /> it by first class mail unless applicable law requires use of another method. The natice shall be directed ta the Property Address <br /> ur any aKher oddress Florrower dcsignates by nodce to Lencier. Any notice to I.cnder shall be given by first class mail ta <br /> Lcnder's rddress stated herein or any other address I,ender designutes by notice to Borrower. Any notice provided for in this <br /> Security Instcumcnt shall be deemed to l�ave been given to Borrower or Lender when given as providcd in this paragraph. <br /> 15.Govern[ng Law; &verability. This Security Instrument shall be governed by federal law and thc law of the <br /> Jurisdic�ion in which the Property is located. In the event that us►y provision or clause of this Security Instrument ar the Note <br /> conflicts with appliqble law.such conflict shall not affect other provisions uf thts Socuriry Instrument or the Note which can be <br /> givcn effxt without th�:rnnfl[cting provision.To this end the provisions of this Stxurity Instrument and the Note are declared <br /> to be sevemble. <br /> 1(s.Borrower's Copy. Horrower shall be given one conformed copy of the Note and of this Security Instrument. <br /> Form 3028 9190 <br /> Pog�4 of B <br /> M � <br /> . —_ �---_--"=,q°..�..i�c--.:�.=-7�ui:�^r�""'�� �-"` ._. <br /> —� ���'��i� �",� tU'x$.+ "' —— <br /> �,,�,, � 1r� <br /> _ ��:.�.a.� A�sSs���ti + � ����' �C ���4'�wc�a' — — -----___--_—. <br /> � - -------' - _ v.�.�;-.��Z�Fa�,G.p.. 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