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<br /> ��7���!+1�d"Si?'_..::�'a.�°�,:.rr�:'�,,-,-„^�, .r,.�Y ' � ��,������}��� f'}Y�"43'4"�.S§A:�Y�slr.{=�3
<br /> a rncnfs ma rto Inn er be uired,nt the a don of Lendcr. if mon a e fn.5urance cove . �i1C w d���h 3 �
<br /> p y y g rrq p g g ra�e(i e n►nount un for t e period
<br /> that L.endcr requlres)provtded by un insurer approved by Lxnder aguin becames uvnilable And is obtuined.Borcowcr shall pay
<br /> the premtums required to maintain mongage insurnnce ln effect.ar to provide a loss re.serve.unti!thc requirement foe manSA�e
<br /> insurunce ends in uccordance witl��ny written agreemom between 8onower and I.ender or appiicable iaw.
<br /> 9. inspect�ian. LendEr or its agent a�y m�l;e reasanubte entdea upon und irtspecttons of the Property. i.ender shalf give
<br /> � Borrawer natiAV ctt the time oF or prlor w un insnecteon specifying reasonable cause for the Inspectlon.
<br /> i 10.Candemnutlon. The proceeds of uny awurd or clam for donwges, direct or cansequential,ln connection with any
<br /> rnnciemnntion or other takin�of uny part of the Properry.or for canveyance in lieu of candemnation,ure hercbK nssigned rutd
<br /> shall b�p�id to Lendcr.
<br /> In the event of a tatal Wking of the Property,the procee�s shall be applied to the sums secured by this Security Instrument.
<br /> whether or rtot then clue. wlth any eac2ss paid to Borrower. In the event of u partial tnking of the Pcoperty in which the fn�r
<br /> market volue of t6e Propeny imme�iately befote the taking is equal to or greater ttuin the antaunt crf the sums secured by this
<br /> Securrity Instrwnznt immediately before the takin�.unless Borrower and I.ender oth9.r+vise ogcee in writing,tha sums secured by
<br /> this Secur�ry Instn►ment sh�ll be reduced by the amount of the proceeds muttipllqd,by the foliowin� fractiaqt�(a) the total �
<br /> aA¢ount of the sums secured im�rtediately before the taking,divIded by (b) the fair m�rket value of the Pmpetty immed�ately
<br /> befare the taking. Any balance shall be paid ta Barrower.In the evcnt of a partial taking of,tha Property in wl►lch the fair
<br /> " muket vnlae of the Property immediately before the teking!s less than the amount of the sum� sect+red immediutely before th�
<br /> taking,unless Borrower and Lender othenvise agree In�writing or unless applicable law othenvise pmvides,the procceds sha1L
<br /> be applied to the sums secured by this Security Inshumqttt�whether or not the sums a�+a then due.
<br /> If the PmpeRy is abandonod by Borrower,or if,after notice by Lender to Bomower that the condemnor offBrs to make an�.
<br /> uward or settlH�1 elaira for damages, Borrower fails to respond to Lender within 30 days after the date the aorice is @�vea� . '
<br /> : i,ender is autharized to collect and apply the proceeds.at its option,�ither to restoration or repair of the Property ar to the s�t�s ,
<br /> secured by this Securlry Instrument,�vhetber or not then due. �
<br /> Unless Lender and•Barrower othenvise agreE ia wrldn�, any application,of plocce�s to principal shnlli�not oxtend or
<br /> postpone the due date of th�monthly payments referned to in paragraphs 1 nnd 2 qr ch�nge the amount of such�p�nnents.
<br /> 11.Borrower Not Reles�sed;Forbearance By I cader Not a Waiver.Extetfsion of the tjme for payment or modification
<br /> of ainortization af the sums secumd by this Security Iastrvment granted by Lender to any sucaessor in interest of Borrower sha1L
<br /> nat operate to mlease the liability of the origiaal Borrower or Barrower's sucoessors in interESt. Leader shall nat.be required to
<br /> commence pmceed►ngs against any succes.sor in Interest or refuse to extend time for payment or othenvise modify amortization
<br /> of the sums secured by this Security Insuvment by ceason of any demand made by the original 8orrower or Borrower's
<br /> succes.wrs in interest. Asty forhearance by Lender ia exercising any right or remedy shall not be a waiver of or pneclude the
<br /> exercise of any right or remedy. � •
<br /> i2. �tixx�airs �iti:i ' -r� Bunric�;.intri�and�rerai Linbud'e,y;��rsig�rc�. Tiie coveaants and agrameats of this `
<br /> Securiry Insavment shnil biad nnd bernfit the suaessors ami aa�igru uF�LcmctQr and Borrower.suDject to the provisions of -
<br /> pazagraph 17. Bor�ower's ooveaants and agreements shalt be joint a�d'•�everal. Any Borrower who co-signs tlus SecurIty
<br /> Insuvment b�does not eaecute the Note:(a)is ca-sigaing ttus 5ecuvtey.Jpsnurnent only to mortgage, grant aad aonvey that
<br /> Borrower's i�„ei��st in the Proparty ander the terms of tb�is Security lnsttximeat;(b)is not personally obliguted w pay the surns .
<br /> secured by clais Sdcurity Instrumenr.and(c)agrees that Lender and a�►y�atlier Rorcower may agree to extend.modify,forbeat�ar•:�� �
<br /> make any eccommoda6ons with regatd to tde terms of this Secur�ty Insttuuient or tho Nota without that Borrower's oonsent. . '�' '
<br /> 13,Laan Charges. If the loan securai by this Securiry Instrument 3s subject to a!aw which sets mt�ximum!oan charges, .��
<br /> and that law is finally interpreted so that the interest or other loan ch�es coUecied or ta be caltectett in coanecuon with tfta,;;-
<br /> loan ezoeed the permitted limits.then: (a)any such loan charge shall bs te�uoed by the amount aec�essacy to reduce the chargq,..::�
<br /> to the permitted limit;and(b)any sums already collected from BorroWe��l�Wch_exoeeded permitted ti�its wlll be refunded to�
<br /> Borrower. L.ender may choose w make this reflmd by reducing the p�idc+�l oWa!under the No�e or by�maising a direct
<br /> payment to Borrower. If a rethnd reduces principal. tbe reduction will be tre�tted as a partial'prepayment without any
<br /> prepayment cUarge nnder the Note. � '
<br /> 14.Nui�s.Any nottce to Borrower prov�ded for in this 5ecurity Iastiument shall be given by delivering It or by rnallEt� � '
<br /> ic by first das$t�iAll unless sipplicable law requtms use of another methai.The notice shali be dimcted to the Property Addtr,�s�:;,;
<br /> o;any,ot�e�;,�Cld�ss Borrower designates by nodoe to Lender. Any.�notice to Lender shaU be given by�rst cless mait`�to:''
<br /> .�if�ler's adcd`re3s slated herein or any other address Lcaider Qcslgnsttes by noilce w Borrower. Any notic�prnv�tded for in this
<br /> Security In .§'�u�nent shall be deemed u�have been given to bOrcower or Lender when given as provided in thie par�tgiaph.
<br /> 15.Gta�+.�rsg �.aw; Severability. This Securlty Instrument shall be govemed by federal law and the law of the
<br /> jurisdictiaa,:�°w�ich the Froperty is[ocated. Ip the event that any priivision or ciause of this 5ecarity Inst�ument or the Nqte,.
<br /> ooaflicts w�{��A pllcable law,such oonflict shall not affect other prov9§Ions of this Secauiry Instrument or t�e Note which can bt`
<br /> �..,gSven effect wt�out tha oo�tlicring pmvision.To this ead the provisions of this Securiry Iast�ument and the Note are dec[ared
<br /> %:.to be severable.
<br /> � 16.�itower's Copy.Borrower shall be given one confo:mad�apy of the Note and of this Securiry instrumem.
<br /> Fam 8�28 8180
<br /> ' � �renva�rs
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