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<br /> _ � ��_.� pa�ywents may rto longcr 6e requircA,at t��opt[o�of Lender,if mortgage iasurance coverage!�n We fos the period � � � t ;.
<br /> . , `..� that I.ender requires)provided by an insurcr apProved b}►Lendcr a8ain becomes availabte aad is obtain�.6ormwer sball PaY . ` ,..
<br /> , , � the premiums requlred to maintain mortgage insurance in effect.or ta Qmvide a tosa reservc,until the requirement for momgage
<br /> .. • .� insutance ends in acmrdaace with any wsitten agreement bciween Bflrrower and Lxnder or applicabie law. t . � ._ �
<br /> � � ' 9.inspceKto».Lender or iss ageat.may make reasonabie entries vpaa and inspeaioas of thc+Properry. Lcnder shal{give � , �. ...
<br /> ��c _ � `. '� Borrower imtice�t the time of or prior to an inspection specifying reacanable causz[or the iaspectioa. , , . : .'
<br /> t0. Condsnaauon.TAe gmoeeds of any award or ctaim for dataagea.direct or consequential.in connectian urith any � .: .�; r�,., ";
<br /> ' ooademnatiou or other taking af any Qart of the Pmperty.or for coaveyanrR in lieu of condemnation,are 6ereby assigned and f y ;�":�'� '" .
<br /> . ., � _ sha11 be paid to Lender. " ' ' - --�-,
<br />,_`--.--`_- --- (n ttee gveat of a total taking of the Pcoperty.the proc�eds sha11 be applied to the sums secured by this Security lastrutuent. f , ==Y-:--�--_-...
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<br /> ' �-:� arhether or aot th.n due.with any exce�ss paid to Borrower. tn me eveac oi a parciai raaiirg oi che Fropc� �u mai� �e iair � • '' ;.
<br /> � 1.. mazket value of the PropeRy immediatety before the ta�ng is equal to or greater than the amamtt of the sumc secured hy this f ��<
<br /> �. . . ;� Security inmument immrdisiely before the taking,unless Borrower aad L�der otheiwise agree ia writing.the sums s�ured by � ,
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<br /> �his SecArity lnstrameat sl�all be reduced by the amouat of the proceeds multiplied by the foUowing ftactioa: la) the total• �; .` `.��`� -��,,-` ��`
<br /> � amnuat of the sums sec�ued immediately before the reking.divide�by(b)the fair•market vaiue of the Pto e immediatel ° -`'��
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<br /> before the taking.Any balance sbaU be paid w Borrower.in the event of a partial tak+ng of the Pr�perty in wtiich.the t'air� •; � ��
<br /> ��.,`� . mar�et value of the Pmperty immediately 6efone the taking is less than the amount of the svms secured immediately,before the. . . � t`. '" :
<br /> • ' , �caking,antess Bmnower and Lcnder othecwise ag�ee m wridag ar untess applicable law otherwise provides.tha pmc�ceds shaii� t;`.,
<br /> + a,�. : � -'.� be apptied w the sums secured b 5+d�is S�u r�.Y In�m�u�hether or not tlte sums are tLen due. �t,�' �_.
<br /> `...._ l.y`�` I f t h e P r o p e z t y i s a b a n d oneA b}►Borrower.os if,�ra�tice byr le�der to Borrowee that the cundemaor off�rs w,maka�:
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<br /> � �.'3 award or seule a claim for damages,Somawa fails to respond co tender within 30 days after tha date the notice is giv+efi,::. : . - ----
<br /> " Lender is authorized to collect and appty the{�atoeeds,at iu optton,.either to rescontion or mpair of�the Property o[to the sutn�;.. • �� �+�•re:;.
<br /> -'-� �. . '� s Se�u�by tbis S�urny Instn�ment�aheth�or noi then due. .� �� -�,.�:;_--
<br /> � , ,'`�; Unless Leader and Bo�wer otheiwi.se agree ia ariting+ aaY aPPjicatioa of pmceeds to principal shall not extend�or - . .`�;__
<br /> . . . :. �. . �posqsnae che dae date of the moati�IY Paym�ais refesred to ia paragaphs�!aad 2 or chaage�he amoanR of sucb payments. .�, . . 'S . '`��.
<br /> �'#� 11.Borroveer Not Rei�eB.ForB�ce By Leader Nat a 6�al��er.Exceasion of the time for payment or modifiqtipn; ��i;.
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<br /> �" ' i�f amortization of�►e sums secured bY thfs�u�ity Iastrument granted 6�.Lender to a�ry successflr in interest of Borrower�shsll� ;• . s,.�,,:
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<br /> � � .;:,. • • �u¢ etate to release the liability of the original Borrower or Boaav�res's suooessa�s in iac�es[.Lender sha11 not bs requiied ta•;.:� , s;�,<<: �-
<br /> { yy���. '�.,� '• �eqce PmceediaP,s a�aiast a�J+successor in interest'or refuse to e�nd tirae for payiaent or othenvise madify�amvrtiratioirr • i � ,:° -
<br /> ,,y��.' ,� � af tE� sums sec�med by this Saaairy Tnsuument by t�ea�a e�aa}► dcmand made by the origmal Bomnwer or Bormw��.' " `' ,, `
<br /> . •sucoe§sors in�zm�s.A n fo r b e a r a a c e b y Lender in ex e m s�g amr�k t or remedy shall not be a waiver of or presiude't6e..;., '-�=1==�
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<br /> e�cise of aa�ai��or remedy ''
<br /> �t<i ' 4�4 .4�. Suoo�rs add�Bo�d;JoGrt a�d ��*�e�s.Tde wvena.nr�s and a�:Q�►�. � : --
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<br /> ���:�r. . �. �;t t Insuument shall�l�m�H ffad beaefit the sucoessaES aas�assigns e�ixader aud�onawer, subject tu tbe�sioas of. y ,,*. ,,
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<br /> �:, : ;.. ..��,., ' � . �y �t�is Securiry � ;�;C�,� �`—
<br /> , , +�; ara h 1?. Bor[ower s.Qa�is•and agrexments s�ll.i�e joint and several. Borrower who co-si �•
<br /> ,.;���f,�� �� Insuument bat does not exec��e 1�e Nete:(a�is co-sigai�,��ais Securlty Insttument oniy to mongage. graat aaii cvnvey that , .
<br /> {<�',,,�� :' Bo:rower's intea�in the�uader�re�ms of*1ti�s�aacurity Ins�t; (b)is nat persom,Jl}:obligated to pay the sum�: , -
<br /> ..��t .� '4�'` � secuned by this.S�tiit5►I�t:aa�l�t�r�tDat�.sr and any vr.�er Barrower may ag�ee ar e�uend.modify.forbear vr .. � . -__
<br />;.���h��,. . . make any acoomniodations w�dz regard to�he terms of t�is�urity Insa�amea[or the Note withrnrt that Borcowds�conseat. i : _
<br /> '�p.��"�. . . � �` 13.Leaaf_�g�.If the toan secuted by tbis SeC�s',�Iasaument is subject to a law which seu maximu�loan ekarges, ::�: ^
<br /> �• .-.� and[hat a ia i"�ally iaterpreted so that the interesc or c�er loan cherges colleaed or to be collected ia connealon with the . ':,;�,;_ �-
<br /> - , -.. �� toan exceed t�.:l�itted limits.then: (a)�ay.su�loan charge sLai�tiz sedueed hy the aznount aeoessary to ceduce the cliarg4 . '��_--
<br /> ,., to the permiuq�:,lSra�-t:and(b)anY sums�i°;�iy collected from Borr�.:which excceded permitte�.C�mits wiU be refunded to � � =__
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<br /> S ' . ;:.:r Bonower. Lea��t snay c�vvr.r,�u1.make u�Es'iefuaa bv �cing the principal owed uader che Note or by matdng a direct ----
<br /> .. , . pay�eat to Borrawer. I� �:,,.��t;�ad rechtce5'P��PaI;���.�eduction will be, treated as a part}al PrePaYm�nr e�ithont aay : ' -
<br /> .� , . DrePayment charge under the:�:''re. ' � :. �,. ,�� —_
<br /> ` .. - �,��, 14.Nottas.Any norice to Bonoarer,y�•icded for in this Securiry Instrn_++++�+t aha116e givea.is�d�ivering iE or by ma��. _-
<br /> - -�1"'�'�.�� it by fiist class mail unless applicable law mquires ase of another method.The natice shall be�a�to the Paaper[y Addt�s�.. ___
<br /> • . . � or ar►y other address Sorrower designates hy notice to Lendet. My notice to I�,'.er'shall be given 6y fsc�r�ass maiT��s� � • . , , __
<br />- � � Lender's addr�ess stated herein or any other address Leader designates by notice to�i3atrower. Any notice�cv,v�rrlri3 f�r in tIif.s {. :�.
<br /> Securiry Insaument sh�ll be deemed to have been givea to Bormwer or Lender w6en g'rven as provided i�this�+�:r�r�h: � .•,,f.. °-
<br /> . � 15.Gov� Law; SevezabilIty. This Securiry Instrum�c shall be govemed by federal law.and�� law ef t�u:. ..
<br /> jurisdiqion in•�tiich the Prapercy is lacated. In the event tttat any gn�uibaqn or clause of this�ty Insuutts�r.Ls S+�e P��at�:. . , ::'
<br /> ; ' oaafticts with applicable ta�.,sacb conflict shall not affecs n?�er pin:�G;i�-�+s of this StStr��.ttty Instm�t oi the IYr7t�WduCti C�z I'�:, ���t -
<br /> ` ����;t 5.` . 'g�ea effect without t�e wn�3a�in�prnvtsion.To this�ti�ili,�provisions of thu�auir�lnsirumeat and the I�a��ure decl2ced �t .
<br /> `(,>,'•; . ., to be severable. ,� � � '_
<br /> � r� + �'��s� 16.Boraecwes's CoQp.l3rnower shall be given one conformed oopy of the Hote and of tbis Se�urity Instrament. , s_
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<br /> �f�.(.. ' , ��},;��?�' . � � � Form 3028 8J90 �
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