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<br /> � paymeuts may ao longcr be required, at the opdon of l.ender, if mongage insurance coverage(in the sunnusst and for the perlod
<br /> �� that Lender requlres)provided by an Inaurer approved by Lender wgain becomes nvailuble and is obtcil:ted. Bonower shdl pay
<br /> r tbe premlums required to maintein mortgage lasurauce in effect.or to providc a loss reserve.until the requlr�ement for rnortgnge �
<br /> 'i inautance enda in accordanca with aay written egreement between Borrower aud Leader or applicable law. =
<br /> . t 9.Iaspection. Lender or its agent may make resisonable entrles upon and inapecttona of the Properry. Lender shetl give �
<br /> • �:,t Borrower notice at the cime ot or prior to an inspection specifjring masoneble cause for the inspection.
<br /> 10. Condemrwtion.The proceeds of any awurd or clatm for dAniages, direct or consequentlal. in cannection vdth any �
<br /> ` � j=1� condemnatton or other eaki�g of any parc of d►c Property. or for conveyaase in lieu of condemuation. are heKby assigned aad �
<br /> . , • sh�ll be paid to i,ender.
<br /> In the event of a totat tatcing of the Property.the pmceeds sha11 be applied to the sums secured by this Securiry instcument.
<br /> .�ry�`_�� —�:��r-t�r-�e3-�t�r.rr�e;::�s�t3�e�:.r�:�:.�d tc Sanouer. In thc evcnt of a pa�-tlr�wkiug of tlie Fropeny in which�de fnir� _
<br /> market value of the Property imnaediately before the takiag is equal to or greater tban the araount of the swns Fecured by this
<br /> • - - - Securiry Insuumeat immediacely before the taking.unless Borrower and I.ender othenvise agne in wricing.the aums secured by
<br /> °`� -° this Security Insaumenz shall be ieduced by the ataount of the pmceeds raWtiplied by the following fraction: (a) the taal
<br /> " � amount of the sums secured inunedtately befon the taking,divided by(b) the fair market value of the Propercy immedia�ely
<br /> " � � befoze the taking. Aay balance shall be paid to Borrower. in the event of a paztial taking of the Properry in which the fair
<br /> " market value of the Propetty immediately before the taking is less than the a�aount of the sums secured immediately before the
<br /> taking,unless Borrower aad Lender otherwise agrce in wrltiug or unless applIcable law othenvise provides,the pmceeds s6a11
<br /> , be applied to the sums sxurM by thts Securiry Insm�ment whether or not the sums are then due.
<br /> If the Property is abandoned by Borrower,or if, after notice by I.ender to Borrower that�he coademnor offers to make an
<br /> � � �wazd or settle a claira for damages. Borrower fails so respond to L.ender within 30 days after the date the notice �s givea.
<br /> , �; fl.ender is autharized to collea and apply the proceeds,at its option.either to restoration or repair of the Property or to the sums
<br /> �•; secured by this Securiry lnstrument,whether ornot�hen due.
<br /> •':.ti�;�^. Unless Lender end Borrower otbetwise agree in writiag, any application of proce�s to principal sheU not extend or
<br /> "�'�:�`���# postpoae the due date of the montlily payraents referred to in paragraphs 1 and 2 or change the amount of such payments.
<br /> `'���^�='N"� 11.Bonrower Not Rde�sed;Forbearance By Leader Not a Woiver.Fa�tenszon of the dme for payment ar modiftcadon
<br /> of amortization of the sw�.c secured by this Security Insaument granted by Lender to any successor in interest of Borrower shall
<br />':''° ,. ..�t�'� ' �aot operate to reiease the Itablltty of We originat Bon+awer or Borroaer's successors in interest.Lender shall not be requined to
<br /> . -�•:,; oomraence ptoceedings agaiast any successor in inurest or rcfuse to excend time for payment or c►iherwise modify amosdzadon
<br /> ° � of the sums sxured by this Security Inst:umeac by mason of any demand made by the original Bonrower or Bonowu's
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<br />�:•ss.�•:-,:�� succxssors in intenst. Any forbearaace by Lender in exercIsing any righc or remedy shall aot be a waiver of or preelude the
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<br />_•-� ,�_., euercise of any right or remedy.
<br /> �'�}a{�.�r� 22. �s s�Pss�s��_'�; Jo[ai � SevP�t i.tability; Co-s[goers.The covenaats and aRreements of this
<br /> yLi�, Se�w�4' IusitumeAt 6hait bltld aJtd�`a�2uzfii ihe su�x+'•�sots ea@ �1SSi$Lis Of I.CIIdCt�td BoTIOw�. subjea to she pro�^.sic3s of
<br />-�'�=�;``;F;;:�S!=� ,par$gcap2e 17. Borrower's coveaants and agreements shall be joint aad several. Any Bormwer tvho co-s3gns this Secavitai.
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<br />_�_s;�,�� 'Insauaaent buc does not exee�tte ilta Note: (a)is casigaing this Seei�iity Inscnimenc on1Y to inoregage,grant and convea•,tbt�
<br /> T�:�,��� 8orrower's incenst in the P.rogrxcy uader the urms of this Savrity Insuunsent: (b)9a not personaUy obligatal to pay the sum$
<br />-�-`=��'� saurcd by this Security Instnunent;aud(c)agees th�t Lender and auy.ott�er•Boarotivcs may agree to eauad.modify.forbeat or
<br />—=����F� makc any accomucodations with regerd co[he terms of this Secur�ty la'suument ar the Note without that Borrower's conse�t.
<br /> .�.,,;�;Kf�y■ 13.IAan Chga�ges.If the loan secund by tbis Securiry Insaunient is subject to a law which sets maximum loan cdaxges.
<br /> �:;�:=�.%�:!?'� and that law is finally iaterQreted so that the iaterest or other loan charges wlleaed or to be coUeaed ia connection wit6 the
<br />-'�.'"�;:;�� ioHn axaod the permitted limits, then:(a)any such loaa charge shall be reduced.by the sUaount aeoessary to reduce the charge
<br />�k3�� to the peimittal l�nait:and(b)any swns already oollected from Borrower whic3z eucaded perrnitted limits aiU be refimded to
<br /> ---- '- Borrower. Laader may chaose co make•thfs refund by nducing the priacipat owed under tha Note or by maldng a dinet
<br /> -----.�..— payment to Botrower. If a nfund xeduces ptincipal. the reduction will be tteazed as u P�� P�Yment withoytt aa.y
<br /> _____� P�P�►ent charge under the Note. � •
<br />_.__...._._�__ 14.Noticns.Aay not�ce to Borrower provided for in this Secudty Insuumcem sha11 be given by deliveriAg it.or by.tlu�llAg
<br /> — it by fust class mail umtess appIIcable law requires use of another method. The.n�otia shall be dirated to the Praparty Addi�ss
<br /> _=__-�� or any other addnss Barrower designates by notice to Lender. Any aotice to Lead.er sha11 be givea by first class niail to
<br /> -- -- Ltnder's ad9ssss stated henoin or any other address Lender desigaatess by norice w Borrower.Any aottce provided fot;lq this
<br /> "_____�� Secudry Instrument s6aU be damat to have ban given[o Bomower or Leader when given as pmvidal in this paragrapb. '�
<br />_�� IS.Governing Lazc; SevesabWty. This Secusity Instrumeat shall be goveraed by fecletal la�v aad the law of{�e
<br />_�,��s�,,,� jwisd.ictioa in wlu�.h the Property is locaud.In the event thac any provision or clause of this Secudty InstNmrnt or the Nyce
<br /> __ oont7ias with applicable law.aucb coaflia shell noc affea other prnvlsions of this Secudty Instrument or the Note which can'tie
<br /> ��! given effect without the oonflictin8 pmvasion.To this end the ptovisions of this Sccuriry Instiumi�tqt and the Note are declaz�
<br /> __-"��='°"'•� to be sevcrable. •
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<br /> ---- 16.Borrower's Copy.Borrower�hall be given one conformed oopy of the Note and of this Sa;urity Insttumem.
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<br /> --- Fam 302E 8190
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