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<br /> .� ••;�- paymcnts muy no Irnigcn c� rcquircd. ut thc opdon of I.cndcr, if nrortgugc insun�ncc�:ovcrugc(in the umoun�and for thc periud
<br />°'�.„�-��`•'* • thut l.cnder rcquires) ptovidcJ by nn insurcr�ipproved by Lendcr ugnin bccomes uvailublc und is obtained. Borrowcr shi�ll pay _
<br /> -"''`` ��� the premiums requireci to muintuin mortgnge insurunce in effect,or to pravide n loss reserve, until the reHuiremen►for mongage
<br />'=_'�-:;;�� insurnncc ends in uccordunce with any written ngrecment between Borrower und l..ender or applicuble law.
<br />"��'"��'`:�• 9. Ins�tian. l.endee�or its agent mny make reusonuble cntries upon amcl inspections of the Prc�pe�ty. I.enJer shull give .,��
<br /> -� Aurruw�r nutice ut Qie time of ar pric.�r ro un inspection�pecifyin�rcusonuble cause for the inspection. � �
<br />�—�� l0. Condemnation. The proceecls oF any uwnrd or claim for d�muges, direct �r consequentiul, in connecti�m with uny
<br /> condcmnation or othcr taking of any part oi thc Praperty.or for convcyancc in licu c�f condcmnution, nrc hcrcby ussigncci nnd �
<br /> ,�, �,} shall bc paid to l.endcr.
<br /> : ,.._%:�� s In thc cvent of a totul taking of thc Property,the proceeds shall be npplied to the sums sccurcd by this Sccuriry instrumcnt,�
<br />�"-'�`.�;c'.�;� whether or not then due,with uny excess pnid to Borrower. In the event af a partiul taking of the Property in which the fair�
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<br /> ��–_a�,;,;? market value of thc Property inimediutely bcfore the tuking is cqual to or greater than the atnount of the sums sccured by this
<br /> - Securiry Instrument immediately beforc thc taking,unless Borrowcr and I.cnder othcrwise ugrcc in writing, the sums secured by
<br /> = this Security Instrument shall be rcduced by the amount of the praceeds multiplied by the following fraction: (a) the totul
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<br /> -Y`��-�,� amount of the sums secured immcdiately before the taking, divided by (b) the fair market vnlue of the Property immcdiately
<br /> ._'��� before the taking. Any balance shall be paid to Harrower. In the event of a partisl taking of the Property in which the iair
<br /> -:F'`-�� market value of the Property immediatcly befare the taking is less thun the amount of the swns secured immediately before the
<br /> --'��� taking, unless Borrawer and Lender otherwise agree in writing or unlcss appllcuble law otherwise provides, the procee.ds shnll
<br /> -'`=�`� be applied to the sums securcd by thas Security Instrwnent whethcr or not the sums are then due. –
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<br /> —_= If the Property is abanduned by Borrower,or if,ufter notice by Lender to Borrower that the condemnor offers ta ma e an
<br /> °`'"',�'��� awatd or setde a claim for damages, Borrower fails to respond to Lender within 30 duys after the dute the notico is given,
<br /> . , .� .
<br /> ``r' I.ender is uuthorized to collect and apply the proceeds,at its option,either to restorntion or repair of the Property or to t e sums
<br />'r'�� sec:ured by this Security Instrument, whether or not then due.
<br /> .�„�=; Unless Lender nnd Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or
<br />�`� ' postpone the due date of the monthly payments referred to in pm�agraphs 1 und 2 or change the amount of such payments.
<br />��'`5r°� 11.Borrower Not Released; Forbearance By Lender Not a Waiver.Extension of the time for payment or modification
<br />-��':.���„ of amoctization of the sums secured by this Securiry Instrument granted by Lender to any successor in interest of Borrower shall
<br /> � `�'''' not opemte to release the liability of the original Borra�ver nr Borrower's successors in interest. Lender shall not be required to
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<br /> `��' -•r•,i:� commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify wnortization
<br /> °� k�� of the sums seeured by chis Securiiy Iii�iiilttictit by ::.ason nf a.n, dema^d made hy the original Borrower or Barrower's ,
<br />''.�;�� .:..»
<br /> =_:��.tA�, successurs in interest. Any forbearance by Lender in exercising any right or remedy shall not be n waiver of or preclude the ;
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<br /> �_-���*'�;;� exercise of any right or reinedy.
<br />'_'�:�~��T°r` 12. Successors and Assigns Bound; Joint and Several Liabil[ty; Co-signers. The covenants nnd agreements of this
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<br /> �±X�:v�,i� Security Instrument shall bind and benefit the successors und assigns of Lender and Borrower, subject to the provisions of
<br /> �i•`-��` paragraph 17, Borrower's covennnts and agreements shall he joint and several. Any Borrower who co-signs this Security
<br /> "'°�LL'-� Instrument but dces not execute the Note: (a) is co-signing this Securiry Instrument only to mortgage, grant and convey that
<br /> ��'�`�'�'�� Sorrower's intcrest in the Property under the tcrms of this Security Instrumcnt; (b) is not personaUy obligated to pny thc sums
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<br />-°�'-.�=-�v:� secured by this Securiry Instrument;and(c)agrees that Lender and any other Borrower may agree to extend,modify, forbear or
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<br /> �,:..�.., make any uccommodations with��cgard to the terms of this Security Instrument or the Note without that Borrower's consent.
<br />�-�"-_'�,:.'�9'� 13. I.aan Charges. If th�loan securecl by this Security Instrument is subject to a law which sets maximum loan charges.
<br /> -�--u�a� and that law is finally interpreted s�tha.the interest or other loan charges collected or to be collected in connection with dte
<br /> ��+�� loan exceed the permitted limits,then: (a)any such loan chafge shpll be reduced by the amount necessary to reduce the charge
<br /> ��'-`z"��� to the permitted limit;and (b) uny sums alre:�dy collected from Horrower whicn exccedeci pe�u��ii� �i���its will ba rcfa^dc;!:� -
<br /> ��::at.
<br /> =._.ti,�,�,�' Borrower. L.cndcr muy choose to make this rcfund by rcducing thc principal owed under the Notc or by making a direct
<br /> `-�–'�``�i-- puyment to Borrower, If a refund reduces principal, the reduction will be treated as a panial prepayment without any
<br /> y:;������°� prepayment charge under the Note.
<br /> 14.Notices.Any notice to Borrower providcd for in this Security Instrument shall be given by delivering it or by mailing
<br />�y`'�'�'::;-- it by first class mail unless applicuble law requires use of anothcr method. The natice shall be dirccteei to the Propercy Address
<br /> ="��•-K. or any other address Borrower designatcs by noticc to l.cnder. Any notice to Lender shall be givcn by first class mail to
<br /> "'=,r.x:_�� • Lender's.iddress statcd herein or uny other address l.endcr designates by notice to Borrowcr. Any notice provided for in this
<br /> "" •• • Security Instrument shall bc decmcd to have been given to Borrowcr or Lender when givcn us providcd in this paragraph.
<br /> � 15.Governln� Law; Severubtltty. This 5ccurity [nstrumcnt sliall be govcrncd by fcdcral law and thc law of ttic
<br /> , jurisdiction in which the Propercy is located. In the event that any provision or ciause of this Security Instrument or tlie Note
<br /> conflicts with applicable law, such conflict shsll not affect other provisions of this Security Instrument or the Notc which ean be
<br />� givcn cffect witlwut the conflicting provision. To this end the provisions of this Sccurity Instrument and the Note are declarcd
<br /> � to be severablc.
<br /> �� r 1G.Borrower's Copy.Borrower shall be given one conformed copy of the Note and of this Securiry Inslrument.
<br /> � ' Form 3028 9190
<br /> . Pndo 4 0l 0
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