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1_ � �w � � _twc�:�a1�' ._..wu��I'�-�� .��-_ �lu _..__. _ ___._ .- .._�_�_..._....._. f.7.�.....�._ yY:� _ _- __' ..._ _ . .__ _._._-.__ .... .. ._._ .._.. ._._.__.. ... . ... .. ....... ...... . ._ _. _. . . .'"- __ . __.. .-__._. . ' 97- ��'7;�F� paymcnta nu�y�x�Ic►ngcr he rrquir�l.at thc optian af Lcndet. if nwrtgage insura�cc covcrc�gc(in thc amount and far thc perlcxl that l.encler rrqulrcY)pruvided by nn incurcr epproved by I.cnder again bccomcs nvuilnble and is obtainod. &�rrawer sh�ll pay the premiun�.r reyuircd to nu�intain rtartgago insurance in effect,or to pr�ivide a losti r�serve,until the requirenxnt for mortguge insuru►xe e��ds in ucwntu►x;e with any written agceen�ent betwcen Borrowcr unci l.etxlcr ur uppltcuble law. 9.I�►pection. Lendcr ar its ugent may makc reasonabic entrics upon artid inspcctions ui thc Pmperly. Lender shaU give Hnrmwer nodce sit�he tiine of ar priar to an Inspection specifying reusonable cuuse far the inspection. 10. Condannetlon. The prncads of any sward or claim far danwges. direct or consequentlal. in c�nnection with any condemnatton ar uther taking of any part of the Propeny. or for conveypnce in Ileu of condemnation, are hereby �ssigned a�xi shall be paid to Lender. In tho event of a total taking of tl�c Prapetty,the procads shall be app8cd to the sums securod by lhis Security lnstrument, whcther or not then duc, with any excess pald to Rormwer. In the event of a partial taking of d�e Property in which the fair markct ealue of d�e Property immediutely before the taking is equal to or greater than the amount uf the sums secured by chis Security Inshument immediately before the taking.unless Borrowcr and Lender othcrwisc agiroe i�writing,the sums secured by this Security Instrument shall be reduced by the omount of the proceeds multiplied by the following fraction: (a) the toW amount of the sums secured immodiatcly before the taking,divided by (b)the fair market vulu�of thc Property imn�edlately befora thc taicing. Any balance shall be pald to Borrower. In the evcnt of sr p�rtial taking of the Property in which the fair market vaiiu of the Property Immediately before the taking is less than the arnaunt af tht sunu securai immedlately bafon the taking.unless Borrower and Lendcr otlutwiso agne in writing or unless applicabte law otherwise provides, the prooeeds shall Ue applted ta tt�e sums socurcd by this Security Instcument whetlieer or not tht s�ims»r�th�n due. If the Property is abandoned by Borrower.or if.after nuUce by Lender ta Borrower that the condemnor offers to make an award or settle a claim for damages. Borrowex faits to respond to Lender wit6in 30 dAys ufter the date the notia is gtven, Lender is suthorized te collect snd apply the proaeds,at its opdon. efther to c�estoradaa or repair of the�roperty or ta the sums secural by this SecurIty instrument,a�hether or not then due. � Unless L.ender and aarrower otherwise agree In wridng, any applicatian of proceeds to principal shall not extend or . postpoiu the due date of the monthly payments nferred to in paragraphs t and 2 or chang�the amount of such payments. 11.Bonbwer Not Rekased;Forbearance By I.ender NM s�Waiver.Extensian of tbe time far payment or modlfication of emonizatioa of the sums saured by this Security Instrument granted by Lender to any successor tn interest of Itorm��er shall not operate to release the Uability of the or�ginal Bomower or Bomower's successors in interest. Lender sha11 not be mquirod to comrrxnce proceodings against any successor in Interest or refuse to axtend time for payment or otherwise modify amortization af itsc suu� �as:�! by shi� �.:si; �rx �; r►A�^a oP Any demand made by the ariainal Borrower or Bornower's snccessors in interost. Any forbeara�ce 6y Lender in exercising any right or nmedy shall not be a waiver of or preclude the :� oxcrctse of any right or rtmedy. r 12. Suoce�ors u�d A.ssi� Eaund;Joint and Seversl L[ability; Co-signers. The oovenants and agrecments of tl�is = Security Instrument shafl biad and bencfit the suooessors and assigns of Lender and Bomow�r. subject to the provisioas of 3 paragraph 17. Borrower's caovenants and agroements shall be joint and several. Any 8orrower who co-slgns this Securiry •j insuument but does not ex�xute the Note: (a) is oo-signing this Security Insuum�ent onlX ta mortgagc. grant end oonvey that 4 Borrower's interest in the Property under the terms of this Secudty Instnunent;(b)is not ponsonally obligated to pay the suau 9 secured by this Security Instnimenr and(c)agt+as that Lender azxl any othcr Bomower may ugroe to extend.modify.forbar or = make any�000rtuYwdations with reg,ard to the terms of this Security Instrameat or the Note without that Borrower's caasent. , f3. Lwn CMr�es.if the lc�an secnral by this Socudty Instn�ment is st�bJect to a law which sets maximum loan chuges, � and thu law is finally tote�pretal x�that the interest or other loan cliarges aoAoctod or ta be a�llected in connoction with tbe - loan excood the pecmitted limiu,thon: (a)any such loan charge shall be roducxd by tlr.amount necessary to redua the charge * to the permittal limit;and(b)any sums aiready cotlected from 8orrower which exoeedad permitted limits will be refuncled to � • Borrower. Lender may choose to make this rcfund by nducing the principal owed under the Note or by rt�aking a dir�oct �� payment to Borrower. If a rcfund reduces principal, the reduction will be treatal as a partial prepayment without any �prepayment charge urxkr the Ncxe. ; 14.Notices.Any notice to Borrower provided for in thrs Security Inshument shall be given by delivering it or by an�Uing . it by first cl�ss m�il unitss applicable law rcquircs use of another method.The notix shall be diroctod to the Property�►ddress ; or any other addrtss Borrower designates by notice to Lender. Any �atice to Lender shaU be given by first class mail to � Y.ender's addnss stated hercip or any other address Lender designates by notia to Borrower. My notice provided for in thls � Securiry Instrument shall be damad tn have boen given to Borrower or Lender when given as provided in this paragraph. ; 15.Covernin6 I.�w; Sere�bility. This Securiry Instrum�nt shall be govemed by federal law and the law of the + jurisdiction in which the Property is located. In the event that any provision or clause of this Security Inshvment or the Note ; conflicts with applicable law.such conflict shall not affect other provisions of this Security Instniment or the Note which can 6e given effax without the eonfltcting provision. To this end the provisions of this Security Insnumeat and the Note are declared �' to 6e xvorable. 4 16.Borrnwer's S:opy.Borrower shall be given one confomx:d oopy of the Note and of this Security Instrument. ' Form 3028 9/!0 v.aao�e --- ----- =— ------_