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<br /> 1i ? o lon er be uired,at the option of Lender.if martgage inauraace coverage(in the�unt8�id"fbT��oti
<br /> payments muy n 8 � roved b Lender c+gnin becomes evailable and is obtained. Borrower shall pay
<br /> that Lender requires)Provided by an insurer aPP Y .
<br /> the premiuma requieed to maintaiA mort�a�e inaurs�nce ia effect,or to provlde a lass t�esserve,uatil the requirement for martaa}�a
<br /> � insurance eada in ac�ordnnce with any wdtten agreement between Borcower aad Lender or applicable lav�.
<br /> ' ` y, Ipypect(on.Letider or its agent may snake teusonable entries upon and inspectiona of the Property.Lendet ahalt giva
<br /> a gorrower aotice at the tiffie of or prior to an iaspection specifying reasonabte cause for the lnspection.
<br /> � • 10. CondemnaUan.The�f roceeds °f�c��O1 olr�forf convey�►�ce in liut of condernnation,aze h rebyt assign�d and
<br /> . ; condemu.ation or other takln8 Y P p ��
<br /> �� shall be paid to l.ender. "`u
<br /> ; Ia the event of a rotat taking of the PropertY.the Ptoceedg shall be applied ro the sums secured by this Securiry Iastrumant, _
<br /> with an eaccess paid to Borrower. !n the event of a partiai taking of the Property in wbich tha fair ��� ��
<br />- ;;;;;,��e whether or not then due. Y �i''
<br /> .�• -�- market value of the Property immediazely before the wkiag is eclua�to or greater than the amount of tha sum�secured by this �� _.
<br /> � . a Securiry instrument iuunediately before the taking.unless Borrower and Lender otherwise agree in wrlting.the sums secueed bp a�:-
<br /> this Sec�uiry Instrumeat shall be reduced by the amouat of the proceeds muldplied by tha following fraction: (a)[he total `_
<br /> �' � amount of the swns sec�recl imme�iately before the takln8. divided by(b)the fair market valuo of the Prolsecry imrnediat�lY
<br /> :�• before che caking. Any Dalance sha11 bc paid to Bor�rower. In the event of a part[al takin�of the Property in whic6 the fair
<br /> �i • market value of the Property immediately before the takiag is less than the amount of the aums secured immediately before the
<br /> �a�ing,unless Borrower end Leader otherwise agree in wrlting or ualess aPPlicable law otheiwise provides,the procee�ls shall
<br /> be applied w the aums setured bY this Securin'In��a��+hether or aot the sums are then due.
<br /> - . . If the Property is abandoned bY Borrow'e��or if.after nodce by Lender to Borrower that the condemnor offers to make an
<br /> award or settle a claim for damages. Borrower f�ls to resP°nd to Lendcr within 30 daYs afcer the dat�;the notice is glven, .
<br /> ' [,ender is authoclzed to collect and aPply the pI°°eeda+at its opdon,either W reswration or repair of the Progetty or w the suma
<br /> secured by this Securlry Instn�ent.whether or nat then due. ��on of roceeda to rinci al shall not extend or
<br /> • -• Untess Lender and Borcower otheiwise agre� in wrlting. aIIY�1 aad 2 or change t➢te araount of such p�nts. - -
<br /> � ' postpone the due date of che monthlY PaYmente refeixed w in paraF�P =-
<br /> • l, � il.Borrower Not Released;Forbearence 1�1r I ende�'Not a Watvw'•Bxtensian of the time for payment or modific�tiaa
<br /> : of amortizatian of the sums sea►red by[bis Se�ur��Y�S��t g�nted by Lender to any successor in intemst of Horcower shall -_
<br /> not operate to nlease the liability of the original Burrower ai Borrower's successors in interest.l,ender s7ia11 not be required to
<br /> . commence pr�;ngs against atty successur 1n interest or refuse w eatend time for paymenit or otheiwise modify amortizatioa
<br /><;-'• ,..� of the sums securcd by this S���Y ��ent by reason oP any demaad made by t�e orlglnat Bormwer or Borrawer's .
<br /> � sua�sso�s in interest. Any forbearance by I�en�er in exercising any tight vr�emedy shaU not•be a waiver of or preciude tlie
<br /> ('�hK ". '
<br />-"z"';.` � e�cercise of any right ot�emedy ,
<br /> �'�•��� � 12. Suocessora and AsstBas Bowedi Jotuo and Sieveral LisbiIIty; C�-stgners.The Ctivenants and agreements of tlu9
<br />_`.' � •' 1Pn�`
<br /> y �;�,•• ' Sevuity InsE�ument shall biad anti benefit the suocessers and assigns of Lender aad limzrawer. subject to the pmv�sioAS of
<br />�,:: . F ;(;L:;- • ts shaU be joint and several. Any �o►rower who co-signs this,Secuxlty
<br /> .:,:u�,�:,5;�:: P�raPh 17.Boimwver s oovenaa�ts aad aSre�man o to.�mort e t and convay that
<br />�%��e�;,4'._'; Iasaument but does not ezxute tlie Note: (a)is co-slgn�ag this Security Instaumeat biY �8 , �
<br /> ;:`:"':'`° � 'gorrower's intcnest iH.the I+mpertY under ti►e tsrms of this Secvsity Insuum?nt.N)is aot perxonally obligated to p�y.the suma
<br />-,••-,;,,��.
<br />-+�. '4 _ secured by thta Secudty fnstrument:and(c)agre�that Lender and any other Borrower may a w extend. modifY.forbear or ,
<br /> �r',�,.
<br />,�,,.�;,,•,�y �e�y��oda�ons with regard to the terma of thls Sect�rity Insuument ar the Note wi out that$onower's.canseiu.
<br /> �.�`' Ant ie sub ecx co a law which sets maximum�oazs cl�arges.
<br /> 13.Loan Cbxrges.If the loan secured by this Security Insaum., 3
<br />"�r�,:�•,����m�: � so that the intetest or other loan chazges colletted or,to be oollocxed in aomn�on•with the
<br /> ��.'„'..��;. and that law ia fwaily inietPreted such laan charge shall be rcducx0,by the amount n�essa.ry to•t�d�uce the charge
<br /> _;-�s•., loaa eaaEd the permitted timits,then:(a)a�Y ,
<br />—_..°..:=�.^-:�� to the petmitted limit;and(b)aaY sums alreadY oollected from Borrower whioh exceeded permittod limits w11�'be refltnd�ec!w
<br />:.�n�.�.�y.�� cl al owed�uncler the Note or by�making a direct
<br /> 3...�;�;,�.,.:r�;��?,� Horrower. Leader may chaose to make thia refund by reducing the Prla p
<br /> __�v��i� Payment to Bon+ower. If a reflind reduces prInclpal. the reductton wlll be ueated�as a p�uti&1�prepaym�t withnut• auy
<br /> PnPaY�nt charge under the Note.
<br />-'�:_�:. .�,�- 14.Notices.Aay notice to Borrower pmvided for in this Seciuity iusseument sbell be givea by deti.ve�ing it or b��mailing
<br />--�'�` �.�, '; it by t�cat class mail unless applicable law re4uires nse of another method.The potice sbaU'b8 dli�CCtOd t0 t418 P[�OpCity AddtCS6 •
<br /> �' or any other addnss Bormwer designates by notice to Lender. Any notice to Lxnder s6ell be glven hY first cl�ss mail to
<br />=='�`�r''� ~ Lender's addnss sta�herein or any other address Lender designates by notice to Borcc��ver.Aay notice prouided-for ia this
<br />=.r-�==-�:�$ Securiry Insuument shall be doemed to have been given to��e t �d� g�med by pf'0cderal� a.,acd�w of the
<br />�= ls.Govennin8 I.aw; SeverabUfty. This SecudtS+ . •
<br />�."""'�'�=��� jurlsdictioa in wl�ich the PropenY is located. In the event tbat aay pmv�sion or clause of this S��tty instcument or the Note ,.
<br /> —�::�,_,a:.��
<br />- conflicts with applicable law.such conAict ahaU aot affect other provislons of tlsis Security Insnumeno or d1e Note which can be
<br />'-=����,._ 'gtvea effect without the contlicting pmvisfon. To thie ead the pravisions of this Sesurity�suumeni�aud tile Nots aae declared
<br />�`�""�. ;• to be severable.
<br />�'4_•':'.���.. �
<br />_= : - -;;�;�.. 16.Somower`s Copy.Borrower shall he glvea oae conformod copy of tiee Note and of thia Secudty Insuument.
<br /> �?`': .. Form 3028 8180
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