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,.. _ .�.- . _ -1 �')rIYJ.�T�•• . ��1.. S,a.. � .. _. ..- ___-.."_ Y4�h��JY•fn.lrr��sV:..y�a- " - - _ __ _"__—— t lile� (��n of I,crxlcr, IP m��n�{�ge In.rur�nca cnvcri►g�(Inrt�� nt�i1d!or tha perincl ; p�Yments rru�y no lnn�er be roqulral,u � thwt l,erxler ra�u{re�)provided by wn in�ursr a{�{+n►vcJ hy Ixixlcr a�taln hccomcN wvullable utxl In oMwined. 8armwer Nh�ll pny ; the prcmlumK reyuired ta maintein nx�rt�x�tl InNUr�nce In effw:t,i�r tt�prnvldo u Insc reurve,undl the rcqulrenKnt far martgwge in�urance ends in acrncdance wi�h Mny written wgrccnxnt hetween f3��rraN�cr unci l.ct�der or applicubic law. 9. Innpectlon. I..�nder ar ih�gent[nay nu�ke rc�xa»u�b�c cntrlev u�xm und in�pcctians of thc Property. I.endcr shuU give Borrower natice at the time af or pdar ta an inapecdon�pecifying reuwivable cuu�c fc►r thz inspection. 10. Co�xfemndion•The proceeds of nny award�r claim for dwmAges, direct or cnnsequential, in connectfan with any condemnstion or other taking of any part of the Property,or for ccmvcyuncc in lieu of rnndemnation, arc hcrcby assignai and shall be paid to Lender. fn the ev�nt of a total taking of the Property.the prc►cxds shall be npplicd to the sums secured by this Security Instniment, whether or not then due,with any axcess paid ta Barrower. In the event of a pareinl takins of the ProNercy in whtch the fair market value of the Ptoperty immediately before the taking is equal to or greater than the umount af thc sums securod by thia Securfty Iastrument immediately before the taking.unless Borrower and l.ender other�vise agrec tn wdting.the sums securcd by this Security Instruznent shall be re�uced by the atnount of tlie praceeds multiplied by the fallowing fractton: (a) the total amount of the sums securod immaliately before the taking, divided by (b) th�fair market value oF the Property immaliately before tht taking. Any balana slwll bc�aid to Borrower. In the event of a putisl taking of the P��operty in which the feir market value of the Propecty immodiauly before the taking is less than the amount of the sums securai iirui�ately bofore the taking. unless Borrower and Lender ptherwise agra in wdting or unless applicAble law otherwise provldes,thc proceeds shall be appUod to the sums sa�ured by this Securlty Instrument whether or not the sums are thcn due. If the Ptoporty is abandoned by Borrower,or if.aRer notice by Lender to Borrower that the condemnor offers to make an , award or setUa a claim for damuges. Borrower feils to rcspond to i,ender within 30 days aftor the date the notice is given, Lender is suthorized to w(lect and apply the proceeds,at its aptlon,eldier to re.5toration or repalr of the Propercy or to the sums securcd by this Sa:urity Insirument,whciher or not then due. Unless Lender and Borrower otherwise agree ln writing, any application of procoecls to principal shall not extend or postpone the du�date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments. 11.Borrower Not ReieASed;Forbearame By Lender Not a WQiver.Extension of the time for payment or nnalification of amortuatlon of the sums securd by this Security Iastrument granted by Lender to any successor in interest of Bonower shall not operate to release the liability of the original Borrower or Bonower's successors tn interest. Lender shall not be required to commence proccedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums xcured by this Security Instniment by nason of any demand made by the original Borrower ar Borr�wer's successors in interest. Any forbearance by Lender in exercising any right or remexiy shall not be e waiver of or preclude the exercise of any right or remedy. u. Successors An�i Assigne Bound;Jotat and Several Uabit[ty; Co-sf6ners. Ths covenants and agraments of this �up�y j�y5i,-i��iic'�t= gha�1 lsiii3 7sssd $ts2zfii Iht s!!�!'r4cn�nnd assians of L.ecldeC and Borrawer. subjat to the pmvisions of paragraph 17, Barmwer's wvenantie and agneements shall be joint and several. Any Borrow�r who co-signs this Security Instcument but does not eaecute the Note: (a) is ca-signtng this Sax►rity Instrument only to mortgage,grant and eonvey that Borrower's interest in the Property under the terms of this Socurity Insuument;(b)is not�ersonally obligatod to paY the snms socurcd by this Security Inst�ument;and(c)aRrxs that Lender and any other Homower may sgroe to extend.modify,fo�fiear or nuke�ny acoommodadons with regard to the ternu of this Secudty Instrurnent or the Note wtthout that Borrower's coneent. 13.Lo�n Ch�r�ee.If the loon socurod by thls Socuriry Instsument Is subjxt to a law which sees meximum loAn charga, and that I�w is fi�ully interpretai so that the interest or other iwn charges colloctext or to be oollacod in connection with the �oan�xcead the pormitted limits.then:(a)u►y such loan charge shall be roduced by the amcwnt rxoessuy to redua the chuBe so the permitted limit:u�d (b)Any sums al�cady ca��xtcd from Borrower which exoxded permine� limits will be refunded to Horrower. Lender may chooae to m�ke this refund by roducing the princlpal owod under the Note or by mdcing a dirxt prYment to Borrower. It � re�'und roduceF pri�cipal. the roduction will be t�+eated as a partid PrepaYrtxnt without t�ay . prquyment charge under the Note. 14.Natksa.My notiae to Borrower provided for in this Secudry Instniment shall be given by delivering it or by�l'i� it by first class mvl unless applicable law roqutres use of anather methad. The notia shai!be diracted to the PcopectY or any other address Bormwer designates by notia to I..ender. Any notix to Lender shell be given by fiist class mail to Lender's�ddress stat�d herein or any other addnss L.eader designates by notia to Borrower. Any natioe provided for in this Securitv instrumtc�t shall be deemed to have Fxen given ro Bormwer or i.ender when given as provided in this paragraph• 15.Govecni� [.iw; Sevaxbility. This Securiry InstNment shall be govemod by foderal law and the IAw of the jurisdietion in which the Property is located.In the event that any provision or clause of thls Security Instniment or the Note conf icta with epplicable law,such conflict shall not affect other provlsions of this Security Instrument or the Note which can be given effect without the cc+ntlicting provtsion. To this end the provislons of chis Securiry Instruma►t and the Noto are declared to be severable. 16.Borrower's Copy.Borrower shall bc given one confom�ed copy of the Note su�d of this Socurlty Instrument. Form 3028 8190 v.�s ot e • �