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<br /> �' ` . _ m 'paya�ents may no loager be requlred.at tlie opdon of Leixler,if mangaga insurAnce coverAge(in the amouut xn�l fur the perlal
<br /> 0
<br />�-=''--°'=,;� that l.eader ceq►tires)Pmvickd by an�u�ucer upproval by l.eader agnln hecnmes evHilable anci is ubtalned. Borruwer s6a pay ��
<br />-'-��� the pnmlums raluired to maintain raortgage insurru�ce in effect.or to provlde A lass rese�+a�audl tbe nquirennnt for n�ortgage
<br />�_Ye� ��,5���n�i,y itt accordance with any written agreement between Borrower a�l i.eadsr ar appltcwble law. ��er shall glvC
<br /> ��� 9.Ir�pndion,L.ender or Its agent mxy make reasonable entrles upon swd iuspecdons of the Pmperty.
<br />,,..�..� Horrower nodce At the tlme of or pdor to an inspecdon specifying reASOnable ca�f�o��e�a�. in conaecdon with�u►Y
<br /> 10. Condannetlan.'I1x proceeds of any Award or claim for damABes�
<br /> ,-�•�, o g pny p a r t o f t u e P r o p e rt y, a r f o r c o n v e y ance in lieu of condemnadon.an he�eby assiBued xnd _
<br />-,=;,�; candemnadan or other taid�nB
<br />', �..• s6a11 be paid w L.ender. shall be applied to the sums secured by this Secudry Iasnumcnt.
<br /> `:-_.��� '� In the event of a totwl taking of the PropertY.the proceuls
<br />�.r,;.,.:.;x.�- whcther or not then due,w l t h aa9 excess paid to Borrower. Ia the cveut of a pardsa tx1d�8 of the Property in which the fxir
<br /> =��:� market wlue of the PeopertY inamcdiately before the taidn8 is e4ua1 to ar greatec thsn the nnmo�t���th s m�sx�by
<br /> _,�� Securlty Instr�went immedi�cely befon:the tatdn8�UII�CS9 BOIIOWGt YIl[i LC11dCI AfI1CIWISC 8$ICC
<br /> this Security Insavment sl�ll be reduced by the amount of the pmcceds muldplial by the following fracdon: (a)the tc�t�tl
<br />_=�,�r amount of the sums sexurcd i�uuediauly befon the takin8�dividexl by (b) th�fair matket dof uthe Ptroe p in which the�fair �
<br />--._--�—' before the t�king. Any balu�e sh�11�P�d�O Boreow�r. In the eveat of a pxrtial talda8 P��Y
<br />-`:;��',t�. wuket vuiue of the Property immediately before the taldng 1s less than the a�°� �w otheiwjse�pr�ovid�s,d►e pryoaeds shAll
<br />=---'= ta1dng,unl�ss Borrower�wd L.ender otherwise agru in writin8 or unless aPP
<br /> _.,'� be applial to the sums reouttd by thisB e orwer,�osr i�f,aft�aoedce by Lender t�o Borrower that the condemYwr of�bts to miloe an
<br /> ,� If the Pcoperty is�bandonal by
<br />;:'°"�;:�°� award or seule a ciaim fot damases, Borrower fails tn respond to L.endcr within 30 days s�fter tho d�te tLe nod��5���
<br /> ��- Lender is authorized ta collxt aad apply the procceds.at Ita opdon,either to restoradon or repair of the Property
<br /> -- secured by this Securaty Inswment.whether or not then due.
<br /> ---"":� Ud�s I,,�ndet afld Borrower otherwise ngree i�► wridng, a°Y aPPUcudon of proceeds to princip�l shuA not e�ctend or
<br /> -=� �etQone the due d�to of t6e moatWy payments rafernd to ln pazaBrapl�s 1 and 2 or chuige the amount of such payments•
<br /> 11.Borrowa Not Rdeased:Forbar�xe nl i.a�oa r:a�A:9:l:�.E.:"ncin��f the t�ICle fOi plYilKi1[OT IIIO(Uf/GlL[OII
<br /> �-= of uaorti�adon of the sums secured by this Securlty Instcum�nt grantal by Lender ta suy wecassor ia interest of Borrower shall
<br /> `_�.� noc opeiau to nle�e tlie liabilIry of the origln�l Borrower or Bosower's successois in interest.Leider shxll nnt�rt�iti n
<br /> e
<br /> -- _— ���p��a xgainst u►y svccessor in uuerest or refuse to extend dmmade bymthe original Borrow�er or Sonower'e
<br /> of the avms secucal bY this Sec��Y Insm�ment by reason of auy denaand
<br /> - — �ors la interest.Any focbearance bY I.eader in execcising aay right or remedy sha11 aot be A waiver of or preclude t1►e
<br /> exercise of wy�8ht or nemalY. 'I]�e covenants wd aBcee��e°ts of tLic
<br /> 12. Sucoeasors�nd Assi� Boundi Jolut�tnd Sererd UablUtyi Co-sl�aas.
<br /> 3ecurtty insuument sfull btnd tnd beneSt the successors and assiBns of Lencler and Bomower� subject w the piovisions of
<br /> _ _° �r�graph 19. Bocroiver'e c-ovenants and xB�eats slnll be Joint aad severAl. Any Hornower who �nu�d convey �ucry
<br /> grap
<br /> It�tmment bat does mt ezxute the Note: (a) Is co-sigoing this Sxurity lusuttmem n y to mo gage,
<br /> Dorrower's interat iu the Property under the tem�s of tbis Securlty Iastcument�(b)Is not perso�Ye�1i����focbeu or
<br /> sxured by this Sxuricy Imt�nt;and(c)ASttes that Leader und any other Borrower may e8ne
<br /> m�lce any accommoda8ons with regud w the tecws of this Securiry Insuument or the Note wtthout that Borcower's conseat.
<br /> 13. Loan CM►r{es•If tIu Iwa securai by this Sxurity Iasaument is subjxt to a law which seta maximum lou►durges,
<br /> and ttutt l�w is �eally inuipreted sa that the iutecest or other lo�n chuges colle�ced or to be wllxud�to nduce We c1�ar�e
<br /> losn acceod the pernafaed limits. then: (a)any such Iwin charge shall be reduced by th�Aanount necessuY
<br /> to the�pem�itted lfuait;and(b)anY st�s alvendy collected from Borrovv�r whlch excadal pemiittc:d limits will be refunckd W
<br /> Borrower. Lender my cboose to make tLis refund by reducing the principAl owal w�der tl►e Note or by ams�ld�d�recc
<br /> PaYment to Ba�trower. 1t a s�fwid reduces PrinciP�l� the reducaon will be mwtcd as a p�rtLl P�MY�
<br /> Prepayment cl�uge under the Noie.
<br /> 14.Notioa,Any nodce ro Borrowes provided for 1n this Security Insuument sball be given by delivedag it or by mai
<br /> it by first class mAil unlas apQlicable law requires use of another method.'IUe notice slia111x dirxtal to the Property Addcas
<br /> _�.�— or xny other addr�ss Borrower desiguxtes by nodcx to Lender. Any nodce to l.ender sball be given by ficst cla.ss msil to
<br /> --;���� Lender's a�Clress stated herein or any other address 1-ender destgnates by no8ce to Borrowcr.Any zwaa Rmvided for in chts
<br />,:,ti�--�== gecurlty Instrument shall be deemal to tu�ve been givea to Horrower or Lender when given as provided In this paraBraPh.
<br />';;.;:; iS.Governln=Laxi Severabflity. '[7ds Securiry Instrument shall be governed by falend I�w and the law af the
<br />_�:`�� ' ��,_ juris�liction Ia which the Property is locatal. In the event t1�at Aay pmvision or clause of this Secw�iry Inctrument or the Note
<br /> 3......:
<br /> • canflicts wtth applfcable law.such contlict sl�all aot affect other provlsion5 of tl�is Sxurity Iusuum��t or the Note whic]i can
<br />-- given effat without the conflicdag provision.To this end the provislons of this Securiry I�trument wd the Note u�e decl�cai
<br /> ' :�-� to be seve�able. of the Notr and of this S;.curlty Instmment.
<br /> • �• - 16.Boreower'a Copy.Horcower shall be given one conformed cupy
<br />._�,. ., ,. �. ', . Form 3028 8190
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