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<br /> �,'�� '`'''.'� ��� � a• ts may no loag�t be reguired,at the oprian of iROder.if murtgage insurance ooverage(in the amount and P� ;�;.-��
<br /> � ..:t`•. ,• P� ravidod by an insnz+er aPProved by lender again beoasaes.available and is abtained.8orrower shatt pay
<br /> .tbat Lender requir�s)P un4�7 the c�quirament�'or mortgage ��';°� ;
<br /> - - the premiwms required to maintain raortgaSe iasa�ce,in ef�e�Ct.a=to pTOVid6 a[oss tesetv�. :o: �: _
<br /> ' ins►�anee ends in�acordance with suy writ�en agreement between Bormwer and I.ender or appltcabte taw. ��.�=-
<br /> Lender shall ve �- °
<br /> , , r-r`� , 9.Insgect[mm.Lender or its a$eat mey make reawnable eatries upon and inspections of the Property S� ,�""--
<br /> - -= _- � Rasrawer notioe st ths.time.of oF prior to an inspeRion sperifying reasflnable cause for the inspectian. m conaectia�witb aay� . i� t`.
<br /> 10.Condemnation.'lYie proce2ds of any award os c13im for damages.d'irect or cunseq�, ' � -
<br /> `... 4 �..n�, candemnation or odier ta�ng pf aay part of the Fcoperty.or for oonveyance in Iieu of conde�ion,are 1�e�e b Y�S�� '"
<br /> . s6ai1 be paid w I.�der. � � . `� � :`
<br /> �. �' lied to thc sums secu�d by tliis S�urtry Instm�ment. �. .
<br /> •�� �`��. ° - Ia the eve�t of a totat taking of the Pmperty,the pmo�ds slr�U be aPP�
<br />° � �� whether or not then due,with aay excess paid to Hormwer.In the eveat of a partial taking of the Property in wiucb the fair . t F�..
<br /> ``'� ` �`� r'�"'� .� ' �market valne of tite Prapertg immediateiy before the taking is equal to or greater thaa the,amonnt of the sams sec�red bY tbis `,_��.-.:
<br /> m writin t}i�sums seai�by �
<br /> Secarity tnst�vm�nt immediatcIy before the taking,unless Borrower and Leader otY�envise agree� g+
<br /> • this SecuritY Insuument sbail be redaced by the amount of the proc�eds mvItiplied by the foltowing fra�tion: (a)the wta] _
<br /> '.,`.� amount of tbe s�ms secnred imanediately before the tatdng,divided iry(�b)We faii a2arket value of the Progertyi im�nedia4ely � �i,
<br /> - . ..,a be foz e t h e t a l d n g. A n y b a l a n c e s b a ll be p a id W Borrower. In the event of a pastiat tatoing of the ProgertY in whir,h the fa'sr
<br /> � .. ;;'�� market waf�te of the Property immediately before the taking is less ti�an the amauni of the sums seWred�at e ly be foie t i�e .�:::_..:_.
<br /> ° . :,,� tatong,anless Bomawer acd Lender otherwise agree in urriting or anless app2lcabte laar otherwise provides, the praceeds shall . �2 :
<br /> � "£ � be applied to the sums secured by tius 5ecarity lnstrume�rt wheiher os not We sums are then dae. � �
<br /> Y 4 f.. _
<br /> fi` � If the Prnperty is a6aadnned by$orrower.or if,after notice 6y Lender w Bonuwer t6at the condetmmor offers tci make an .
<br /> _�1.._,..i.'_� ..6,,._ ;,
<br /> ..-.; award or,s�.tte a clsim for dama&x+,Bozrower fa�s to,respond to I.ender ovitiun 30 days after the date the notic�is given,. , .
<br /> .,i� L�nder is auWorized w coltect and apply the pmc�ds.ai its option,either to restoration or repair of the PmFerty or to the sams
<br /> whether ar not tfien due. � �:�"'
<br /> .� "°f.` .. ,•ti'} s�6y 9his Secusity In�uvment, , :�;°�:�:
<br /> Unless Lender aad Botrower otfserwise a�ce in writing, anY aPP�cadon of.praceeds to priacipal sball noi extead or .�-`le::
<br /> �."�.� . . postpane the dae date of�he monthly paymea�ts refeaed to in para�aP�s t anct 2 or change the aruount of such paymeqts. .� �� _.-.
<br /> . . ..:;i 11.Boaowes PTot Reteased,Fo�6earance By Lender Not a Waiver.F.xtension of tt�e time for payment oi�inodification' . •E,-=F'=,
<br /> of amort�zation of the su�as secured by this Seanrity Iasuumeni panted by l.ender t°�ny success°r in interesc af Borrowet sh�11
<br />- •� � ;.`.�,;:�: not�operate to retease the liability of the�original Borrower or Borsower's successors ig iaterest.Lender shaali not be cequired to , . . �': _
<br /> gina --
<br /> ;k ` ` ' . .:�,��� ���Pro�d i.+�s a g a i n s t a n y s u c o e s s o r i n i n t e r e s t o r z e f u se to extend amc for paymeut or othescvise madify araort�zati�on = __
<br /> .: ,. . � af the swns s *, �' by ttus Seauity Instmment by reason of any'desi�.s.d made by tiie original.Eorrower or Borrawxr's c ;:
<br /> s u c c�'s,a t s i n�nterest. A n}r farbeazance by_Lendes in exerc�sing any right or remedy sha11 not be.a�raiver of or preclude We .�,�„�
<br /> � exez�ise Pf anY right or remedy. � • . ��- ''_
<br /> .. ..., a . 1E. Succ�soss and Assigav Bannd;aoSnt and Several Liabit�ty, Co53gners-The covenants and ag�r�s of this � .
<br /> . Security Insavment shall bind and beneflt the successois aad assigns of Lender asd Borrower. s1ar;ect to the gravisiona of �'l'=
<br /> .. . . . .~;f P��P� ]7. Borrower's coveirants and agieernents sball be joint and several. Any Borrower�t�.,e to-signs dus Securitp _
<br /> � � • insuume�6ai�does not execute the Nute:(a)is co-signing t.his Secarity Instmment only to mart�;e;Srans and sAnvey that
<br /> is ar,� onall obli co �ihe sums � `:;�.
<br /> - -.- . = Borrower's I�erest in the PropertY tueaer the termg of this�curity Iasuument;(b? F� Y ��. �'= ' - -
<br /> '' ,i secured by this Seauity Ii�sarument:and(c)agrees that Lender and any othet Borrower�g agme to extead. modify,forbear oT
<br /> � 9
<br /> � `!�•';� malce any acco�ons with regard to the terms af this Secnrity �m �t or the Note without thWt BorcowePs consent. ,
<br /> _ r � 13.Loan�es.If the loan secured by this Secnrity Insttument is subject to a law which s��aximum loan charges. , ,
<br /> ,. .��;
<br /> . = and Wat law is fimatly interpteted so that the interest or other loan charges col?ected or to be colt�in aonaection with the,
<br /> :i: � ..'�
<br /> _ .-,.:_ loan eaceEd the permitted limits,thea: (a)any suc8loan��e shall 6e raduced by the amount necessary to seduce t'�e charge �.-.-,..
<br /> ` ', ° td the permitted Hmit:and(b)any suans already wllecced fa�m Borrower w1u�ch exceeded permittecl iisnits wiN fre c�fandcd ta.. —
<br /> ..�� Borrower: Lertder ma� cfiaose to make this r:tLnd•by reducing the principa! owed imder the Nar.�or by wa[cing a�lireei � ��� �=.
<br /> � �. � ' � ; . payment to Borrower. If•a tefuad reduces�a�it�ciPa1. th� reduction will be treated as a Dartia4 BmePaYment without any �''..�_
<br />��; .�� . .,,. '�I ; prepaymem charge under the Note. • • '
<br /> �`':.�
<br />-- •• 14.1�Iodces.Any notice tn Borrower provided for in tfus Security Inshuraeiu shsll be�iven by delivering it er by mailing _._
<br />: , . . :��':�•.� it by.first class mail unless apFltqble law requic�es use of another methad.The noqce�uall be direcied to fhe Pratscray l�ddress _
<br /> � • or any other address Borrower designates by notice to Lender. Any a�tice to L.ender shall be�,iven by first e9ass mail to ,"
<br /> � � � ' Ixnder's address�stated hetein or any other address Lender Qesignates bp notice to$orrower. AnY n�stice._provided for in this � '.
<br /> � � � Security Ynsm�ment shall Ge deemed to have been given to�orrower or Lender when givea as providad inthis paragraph. ,_:
<br /> � �' i�� 15.Govemtn� Law; Seveiabiltiy. This Security Instrument shall be governed by federal law and tb�� law of the j... ,
<br /> • . jurisdiction in which the Property is lp¢ated.In the event that any provision ar clanse of this Secu�iry Inshument or the Note
<br /> -- � ' oonflicts with applicable law,such canflict shall not affect other provisions of this Security Instrument or the Nots wlrich can be
<br /> _ _ . • given effect without the conflicting provision.To this end the provislons of this Securiry Lnsttument and the Note are declazed :
<br /> � . � to be severable. � '� .
<br /> � � II6:Bortow'er's Copy.Eoriower shall be given one conformed copy of the Note aad of this Securiry lnswment. -
<br /> •' s Form 3U28 9190 .
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