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<br /> payments may no laage�b����y dn ins'urcr utppro cci hy I.ender ugui blxcomc�ntt a lablc and is`nbta ncdn`�rowcr shall puy
<br /> that Lcndcr rcquirc )p
<br /> the prcmiums required to maintaln mortgage Insurnnce in eifect.ar to providc a lass rescrvc,'nc�l�t`i��yuiremcnt or martgage
<br /> insunmee ends in uccardance with any written agreement between Bormwer and I.end�r ar npp'
<br /> 9. Inspectlon.[.ender or its�gent may makc re:uunubie entrics upan a.nd Inspections of the Property. l.ender shall givc
<br /> Sorrower natice at the time of or pr�or ta an inspectiun spoclfying reasanatle cause for ihe inspection.
<br /> 10. Con pem�eTO�ns of�y�p�rt of the Property ariforf canveyance�in 1 ut of candemnation.are hereby in.signed und
<br /> candemnatio
<br /> shall be paid to L.ender.
<br /> in the event of a totul taking of the Property,the proceeds shuil be applic.d to the sums secured by this Security nstrumen.
<br /> whether or not then due,with anY excess paid ta Barmwer. In the event of a parciul taking of the Propecty in which the fair
<br /> m�rket value of tho Properry irr►mediately before the taking is equal to or greater than the umount of t1�c sums secured by this
<br /> Security Instrument immodiately before thc tnking,unless Barrower nnd Lcnder otherwise agree in writing,the sums secw�ed by
<br /> this Security Instrument shall be reduced by the amount of the proceeds multtplicd by the following fractlon: (a) tlie total
<br /> amount of the sums secured immodintcly before the taking,divided by (b) thc fair market value of the Property �mmediately
<br /> before the taking. Any balance shull be paid to Borrower. In the avent of a partinl taking of the Properry in which the fair
<br /> market value of the PraperiY immedja�ely bcfare the tuking is less than the amount of the sums secured immediately before the
<br /> taking. unless Borrower and Lender otherwise agree in writing or miless applicabic iaw uQierwise providcs. the proceeds s1�a11
<br /> be applied to the sums secured by[his Security Instrument whether or not the sums are then due.
<br /> If the Property is abandoned by Barmwer,or if,ufter nottce by Lender to Bonower thctt the condemnor offers to muke an
<br /> award or settle a claim for dam3Ses. S��Wer fails to respond to Leader within 30 days after the dute the n or a�the ums
<br /> I,ender is authorized to coUect and apply the proceeds,at its option,eittier to restoration ar repair of the Properry
<br /> secured by thts Security Instrument,whether or not then due. a �ication of proceeds to prinelpal shall not extend or
<br /> Unless I.eader and Borrower otherwise agree in writing. any pp�
<br /> postpone che due date of the monthly paymenGs refened to in paragrephs 1 and 2 ur change the amount of such payments.
<br /> 11.Borruwer Not Released;Furbes►ran�e BY I.eRdsr Not a Waiver. Extension oi the time for payment or modificadon
<br /> of amortlwtton of the sums secured by this 5ecuriry Instrument granted by I..ender to any successor in interest of Borrower shall
<br /> �a=������a i�Z.•�sr�he liability of the original Borrower or Borrower's successors�n�nterest. I.ender shall not be re�uired to
<br /> comnxnce Qroceedings against any successor in interest or refuse to extend �ime fur a ment ar o•.lzer��i�.�m!xlify emo*dzat3on
<br /> Qf ch� sums securtd by this Security Ibst��c bn ex�erciaing any ght or remedy hallenot be a w i er of orrprec deethe
<br /> succe�.SOrs in interest. Any forbearance y
<br /> exerclse of any right or remedy•
<br /> 12, g�oces.9ors and Asstgns Bound;Jotnt and Several Ltcbi�ity; Casigners. The covenants and e8reements of th�s
<br /> Socurity Instrument shall bind and benefit the successors and assigns of ILender and Bonower, subject to the provisioRS of
<br /> �gmPh 17. Borrower's covenants and agraments shall be joint and several. Any Borrawer who co-signs this Sceu�Ity
<br /> Ins[rument but does not exaute the Note: (a)is casigning this Secudty Instrument only to mortgage.grant and convey that
<br /> Borrower's interest in the Propercy under the tertns of this Security Inst�ument; (b)is not personal�y obligatod to pay the sums
<br /> secured by this Saurity Instrument:and(c)agrees that L.ender and any other Borrower may agree to extend.modify.forbear or
<br /> make any accommodations with regard to the terms of this Saurity Inswment or the Note wtthout that Borrower's consent.
<br /> 13.Loan Ch�rBes•If the toan secu[ai by this Security Instrument is subject to u law which sets maximum loan charges,
<br /> and Ehat law is finally interpreted so that the interest or other loan charges collected or to be collected in to ceduce the c g
<br /> lonn exceod the perniitted limits.thsumsaalreads�collected from Borrower�w hic�h ex c e�d e d p eurm�tted li►nits will be nfunded to
<br /> to the permitted limit:and(b)anY 9
<br /> Bonower. [.endEr may choose to make this refund by ralucing the principal owed under the Note or by n���`i�
<br /> paprt�nt to Harrower. If a refund roduces principal. the reduction will be treated es u Pnr�sd pKPaYtn� y
<br /> pre,puyment charge under the Note.
<br /> la.NMices.Any nottce to Borrower prnvided for In this Socurity Instrument shali be gtven by delivering it or by mailing
<br /> it by first rtass mail unless applicable law requires use af another method• 'fhe noticc shall be dimted to the PmpertY Addnss
<br /> or any ottier address Borrower designates by notia: to Lender. Any notia to I.ender shall be given by first cl�ss mail to
<br /> Lender's address stated herein or any othcr address Lender designates by notice to Bornowtr. Any notice provided for in this
<br /> Socwrity Instrument shall6e deemed to huve been given to Botrower or I.ender when given as provided in this paragraph•
<br /> 15.Governtng I.Aw+ Seversbi��t8• This Security Instrument shall be govemed by ftderal law end the �aa+ of the
<br /> jarisdictfon in which the Property is�cxated• In the event that any provision or clause of this Security Instcument or the Note
<br /> wnflicts with applirable law,such rnnflict shall not nffect other prov isions of this Sccurity instniment or the Note which can be
<br /> given effect without the conflicting provision.To this end the provisions of this Security Instrument a�xi the Note are declared
<br /> to be severable. of the Note and of this Socuriry Instrument.
<br /> 16,Borror+•er's Copy.Bonower shul!be given one mnfomxd copy
<br /> Form 3028 9/@0
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