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<br /> puymriNe may�u►I�m�cr tso��r�Jul�rd,nt tl►c uptton of l.entter. ii ma�g�,qe insumutce cAVPrage(ia the umaunt and for the periad —
<br /> � Iha�!�tn+lrr �c�ajultcyl pruai�rci by an insurcr�pprovat by l.en�ttr e�ain bPCam�s avatlable And is abtained. Borrower ahall pay �
<br /> � �tw pr�cmlamw�c�iUrc�llu ntAlntpin uu+�tb�c lnsuru.nee in effcce.or ca provid:a tass reserve. untU the re+�uirement for martgage �_
<br /> " 1»sur.�+isc+Cfl1IA Iti 1ti'S'1�f1I9.111i'1YII�i tlll�'�4(IIICiI(lST�C lUSfIE h^.t1YCCri�9TfOtY��AtUI I.�RdEf OI Rp�►11CtibIC 19W.
<br /> " V,IIlY�IfYIIItl1. I hndcr�►r Ity ngent may n�akc ccasannblc entPics upon and inspccNons nf the Propeny. l.ender shuli �ive
<br /> !!en�u��rr tt+�►I�r�U�he If�oz�a uf ur �ulnr t++e��U��prcUun r,pcclfyhig rcesonubic cause for the lnspection.
<br /> + 10.t'��mknrnxllon. 'Itiu pr�xci�i�of any nwanl nr claim fnr dnmogea,direct or consequentlal. in cunnection with any
<br /> '�1 i�uidcum,iilue�ur�►�li�r�nkln#�of niiy�►an utihe Pro�Cr�y,ur fnr conveyance In Heu of condemnation. i►re hereby assigned and
<br /> �,� �.� r�imii ik���ahl t��I c�ulrr
<br /> - -.-�- �::w:iu b::is i:+:ni icsaiii�.j•ii ii:'v i�i�:pi:7i���,ii Eriiri��.vin biidii�n 6�rNiit�I iv iiic eunte ba:i.Uic'tI bj� ij�ib S�:LLrity IusittiIltCpt�
<br /> ..:� �vhell�cr ur �mt�Itcii due, wUh m�y cK�:css�ini�i to [�arcc►wcr. In ihe event nf n partial tokinB of the Property in�vhich the fatr
<br /> �nntket vniice ut il�u Pr�qk�ty i�u�e�c�lt3u�ly hefaru tho tnkin�ie equal to or grrnter thnn the amount of the sums secured by thia �'
<br /> �`"�� . ticcnr6�y Iu�uninr�+9lnimr�Rn�cly I��furc itie�akfng, uulrss�nrr��wer and I.eredci othecwise agree in wtiting.the sums secured by �:
<br /> . ; Ihis ticct�tNy (nstit+nu�u1 nh►dl Iw• rcduccd by lke amount uf the praceeds muttlpiitd by the following fraction: (a) the total
<br /> � u�+w►te��l ut Ih���im►v sc���tcd Inu�xdlatrl�� bef��rc�he t�ki�q. �livicled by(b) thc fair m�rket value of the Property immediately -
<br /> }� txfns���h� �a1,h�. Any f�.dpnte nl�w1) M��:�id tu Hvttawcr. In tDc evcnt of n partial tnking of the Properry !n which the fair
<br /> ' ��a�rkcl��a1i�,^��1�h:1'�uik us Imn�tdlKlLty hcf�+�e�h�laklnp is Icsn than the umount of the sums secured immediately before the
<br /> Is�klu�,unlc+a Ilutu+v►��r e�K1 lA��atrr�+th;rwite ��,qtro In wrftinA or aniesa applicubla law otherwise provides,the proc�erds shall .
<br /> . Ix�n�q�llcd h��h:�n�nur ssca�.d hy�htt�ecutUy In�tnnu�nt whcthcr or nat thc sumo nnt then due.
<br /> If ihe Iku4kay I+ehn�xluik��l 1►y{�,tec�wcr,nr it,nt�cr nnUcc by l,eader ro�orrowQr that the coademnor offers to make an
<br /> nwat�!�+r�•�utt+���I���u far •�a►�u+�qcx, IAur��wer tu11a t�� rc�nud ta Lender wit6ln 30 daya after tha date thc notice ta given, .
<br /> Lwndcr b uu�hurl���1 tu c�►Ilcd�mt�t uppip�hc prncct-��,c�t ita npUon.cithcr to restorntion or repeir of the Property or to the sums
<br /> � grcurCd Ay�Ms Scc�aity lustrument,whetRcrur nut tAen duc.
<br /> Unisss t�ndrr nnd (k�r�awer��ehrnvtse �gn.�e In writing, any applicndon of proceeds w pdacipal shall aot extend or
<br />=•;�.:,: � pc�st�wne th�dao date of the nxinthly paym�nts cefernQ to in pnraget+phs I ead 1 or chonge the emount of such payments.
<br /> , • 1L Huttuwer Nu!l2elerxd�6ijrArw►titnre li�I�endcr Not q W�iver. Bxtenston of the tir�e for payment or raodlRcation
<br /> ."*.i'� �'.• oP 4ntottitati�n of�Ae�smus�c�urrd by�hia Se�urUy lnstrumeni gruntPd Gy Ixnder to any successor in Interest of Borrower shall
<br /> � �� � no�nperatr to relc:�se the IisL+iWy nf dio�elglnel f3armwer or Borrower'a succcasora in intereat.L,ender sha11 not be required to
<br /> �� ' . eommenre��ru�:ccding�ngaimt x»y eucce�snr In intemst ur rclLse tU extend tlme for payment or otherwise modiEy amortization
<br /> "'?"�'���" at thc euu�� sccutrd by tM� 5��e.utlty Insttununt by rcason of uny dcmand madc by thc odgtnal Borrower or Borrower's
<br /> ti; �� �r� succcssors in fntcrcst. Any Cunc�nr�uca by l.cndc� in exrrc}sing nny righc or remedy shnit not be a waiver of or preclude the
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<br /> •�.: _ exerrise of anv rljtht vr�enxdv.
<br /> -:-`";,�.`` 12. �---. - ,o ard A�Igsta C�nu►t�ii J�-,tnt �u� Seresai i.i�+,ii.tyt Co-Sf��,-r. The covEr+ants aad agrccm�ts af this
<br /> SecuHty(nstrumeat aha11 bind pnd IxueQt tl�e eucsscs.wre asuf nssigns o[l.ender nnd Borrower. subjecc co�n�p�o�eio� of
<br />;;��;,,�;,:.i.. . parogcapA l7. Bnrrowcr's cuvcnante aiW ngrccmenu sh�ll be Jaint nnd sevcral. Any Borrower who co-signs thia Securiry
<br /> �����.;:r. r� Inswment Aut docs tx�t cxccuro the Nule: (c) Is ca•algning thte Securiry Instrument only to mprtgage, grant and convey [hat
<br /> - ��r�''=�'�� Bocrowcr's iuterest in tRe prayerty undcr tha tcrmx of thie Securfty Instrumenk (by is not parsonalty obiigated to pay the sums
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<br /> ;��.;-c.�N•,;e� seqtned Dy thi�Serurtty In�tn�ment;and(c)ngrECe[A�t l.endar anA any other Borrower may agrce to eatend�mod[fy.forbear or
<br /> '=�'u�`h` rte�e eny aecumntocl�tions with te�trA to�he term�ut ihls 5e¢arity Inatrument or the Note without tAat Sorrower's eonseat.
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<br />'�'=����'%"�� 13.I.onn C�srRes.If tts2 las+t erxurcd by�his Sect►rity Instrument ie subJect to a law which seta maximum loan charges, `
<br /> nnd tRat!aw is ti�lty[nttrpnted so tha��ho lntere�t or�nher loan chnrgc�coliccted or to b�collxted in wnnection with the
<br />_--�:t^" f- luan exc�ced the�rmlttcd lim(te, thcn: (a)any �such Inan charge ehall be reduce�by the amoun�n�cessary to reduce the charge
<br /> ._ co tM perrnintd{3mltt asid(b)nny enms elrcady wllected fr�m Bonower which exceeded permitted limlta will be refunded ro
<br /> Borrower. i.ec�der msy chiwse tn make thi� reNnd Ay rcdacing tho principal owed under the Note or by making a direst
<br /> _____�„r„p` paymcnt to Bornower. If n refiind redncee princfp�l. tNc rcduction will be treated as a partiel prepayment wIthout any _
<br /> _________ prepaym�nt chnrge undcr thc Note. _
<br /> ----- 14.Nottce�.Any aotiee to Burrower providcd for in�hle Sccurity Inetrument shnU be given by deliver�ag it or by mniling
<br /> _y_-�•ay� it by flrot closs mail unlces applt�nDtc(aw rtquires usc uf nnnthcr ntethod.Thc notice shall bc directed to the Properey Addresa
<br /> - - or euy other addrcss Borcower designacea hy notice t�� l�endr.r. Any noNcc to I.ender shall be given by tirnt ciasa mail co �.
<br /> -��� i.ender'e addrees stated hen:in or nny othcr eddresa Lcndrr dcsignutcs by nodce to Borrower.My notice provided for in this -
<br />��= -"� Sccurity Instrumrnt shall bo dxmcd tc�havc bccn givcn��R�rn�wcr or L,cndcr whea given as provided W thia paragraph. _
<br /> `� —^-�' 1S.4ovantnt I.wwt Severahlitty. 'Iri�n 1ir.curtty 1n�Irumcnt el�nil bo govemed by tederal taw and the taw af tUe
<br /> „���,�� jurlsdictton in whtch tho Property le l�ctcd.In tha ovcnt�hat nny pmvi�tafl or rlauso of this Security Inatnuaeat or ch�ilt"ate
<br /> -- -- _ conflicta with appiicable law.euch wnfllct ehnll ttot�ifect�►ther provintott�c►f thie Security instrument or the Nou which caa be
<br />-:�,����f gtvcn effccc w[thout tRe confltcting pruvlxiun. '1'0�hle cnd�he provie:iins of this Sccurity Instn►mcnt end the Note are declnred
<br /> __=-��� co be severo.ble.
<br />_-,"';;j�'� 16.Born►wer's Copy. Horrawcr ehnt!Ae glvcu meo amfimnc�!u►py i►r thc Natc nrtd of thie Securlty Inatrument.
<br />-`�.�'',�.:'-;`� Fam 3025 9/80
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