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<br />; �,;,.. . �. paymcnts may no longcr bc required.nt thc option of Lcndcr,if mortgagc in�urancc rovcragc lin thc amuunt i�n c�r thc perux!
<br />-_�•�.'+` thut f..cndcr myuires)provided by un insurcr uppravccl by l.�ndcr uguin bcc��mes uvuiliiblc iind is ubtuincd. Horrowcr shall puy
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<br /> �- ' thc prcmiums requircd to muintnin mortgagc insuranc�in cffect, or tu providc u luss rescrvc,until lhc rcquircmcnt tor mortgagc
<br />-"���_� �� . insurancc ends in accordancc with uny written ngrcement betwccn Bormwcr anJ l.cndcr or upplicnblc luw.
<br /> , a 9. Insp�.�cdon. I.cndcr or its ugent may mukc rcusonablc entrics upon imd intipcctiims of[hc Prc�perry. Lcndcr shall givc
<br /> :� ' Borrowcr noticc a[the[imc af or prior w un in+pe�:tiun+pccifYi��g rcasonablc causc f'cir thc i��yp���������• .--
<br />":;v-k^•�-� 10. Condemnation. The proceeds of any awurd or cluim for damitgcs. direct or conseyuentiul, in connection with unY
<br /> ,.��!w� condemnution or othcr tuking of uny part of thc Propcny, or for convcyuncc in licu of condcinnation. arc hcrcby ussigncd und
<br /> =!�"°-;-� shall bc puid to L.cnder.
<br /> : ;'� �.'��.. In the event of a totul taking of the Property,the proceeds shall be applied to the sums secured by this Security Instrument.
<br /> � whethcr or not thcn duc, with any exccss paid to Borrower. In thc cvent of u partial taking of the Property in which thc tair
<br />;.:;.. market valuc of the Yroperty immediatcly before the taking is cquul to or gre�ter than thc�tmount of thc sums securcci by this
<br />_ ,�' ,:.�" Security Instrument immediately before the taking, unless Burmwer and Lender otherwi�e agree in writing, the sums secured by
<br />_ ' � this Securiry Instrument shall be reduced by the amount of the proceeds multiplied by the following fraction: (a) the total
<br /> ~� . amount af thc sums sccured immediately before the tAking, divided by (b) thc fair market valuc of the Property immcdiately
<br />`�iF:..,:.• A� ' before the taking. Any balance shall be puid to Borrower. In the event of a partial taking of the Pmperty in which the fair
<br /> A��a-' ;3�;" market value of the Property immediatcly before the taking is less than thc amount of the sums secured immediately before the
<br /> '`•A"' ":;, � tuking, unless Borrowcr and Lcnder otherwise agrce in writing or unless applicable law otherwise provides, the procecds shull i
<br />��_L' bc applicd to the sums secured by this Securiry Instrument whether or not the sums are then duc.
<br />- ' . . If the Property is abandoned by Borrower, or if, after notice by L.ender to Borrower that the condemnor offers to make an
<br /> �� uward or settle u claim for daniages, Borrower fails to respond to Lender within 30 days after the dute the notice is given,
<br />- • ,� I.ender is uuthorized to collect and apply the procceds,at its option,either to restoranon or repair of the Propeny or to the sums
<br /> sccured by this Security Instrumcnt,whether or not then due.
<br /> ' Unless I.cnder and Borrowcr otherwise agree in writing, any application of proceedc to principal shall not cxtend or
<br /> postpone thc due date of the monthly payments refcrred ta in paragraphs l und "1 or changc thc amount of such payrnents.
<br /> � 11. Borroa�er Not Rele�sed;Forbearance By Lender Not a Wafver. Extension of the time for payment or madificatian
<br /> � " ' of amortization of the sums secured by this Security Instrument grunted by Lender to any succesxor in interest of Borro�ver shall
<br />'.''-����� ����''� not operatc to rcleasc the liability of thc original Borrower or Borrower's successors in interest. L.endcr shall not be required ro
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<br /> commence proceedings against any successor in intcrest or refuse to extend time for payment or otherwise modify amoniz.3tion
<br /> ''-V � � of the sums secured by this Security Instrurnent by reason ot any demand mude by ti�c uiibii�di L�rr��e•cr ar Bossa::��c's •
<br /> successors in interest. Any forbearancc by Ixnder in excrcising any right or remcdy shull not bc a waivcr of or preclude the
<br />'��:��,,;r � • exercise of any right or remedy,
<br /> ' 4� 12. Successors and Asstgns Bound;Juint and Several Liab(Ilty; Ca-sfgners. 'The covenants and agrc�ements of this
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<br /> - ' � Security Instrument shull bind and beneftt the successors and assigns of Lender and Borrower, subject to the provisions o
<br /> .��-'s:-��t.:
<br /> . ::..:�.. paragraph 17. Borrowcr's covcnunts and agreements shall he joint and scveral. Any Borrower who co-signs this 5ecurity
<br /> - ��•�•'ru� Instrument but does not execute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and convey that
<br />_ -`• Borro�ver's interest in the Property under the terms of this Sccurity Instrument;(b) is not personally obligatcd to pay the sums
<br /> -"� .'��,'.�` secured by this Security Instrumcnt;and(c)agrees that Lender und any other Borrower may agrce to extend,modify,forbcar or
<br /> ---_��.,:�;�•'.••� make any accommodations with regurd to the terms of this Security Instrument or the Note without that eorrower's consent.
<br /> ;ia�+�•:..... 13. Loan Charges. If tlm loan secured by this Security Insrrumc�t is subject to a law which sets maximum loan charges,
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<br /> . �. ,� and that luw is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the
<br />;;=�;����•� loan exeeed the pei7nitted limits, then: (u)any such loan charge shull be reduced by the amount necessury to recluce the charge
<br /> ;�a'-'��: to the permitted limit; and (b)any sums already collected from Borrower which exeeeded permitteci limits will be refunded to
<br /> • .. Horrowcr. Lendcr may choose to make this refund by rcducing tltc principal owed under the Note or by makins n direct
<br /> payment to Borrower. If a refund reduces principal, the reduction will he treateci as u partial prepayment without any
<br /> ' prepayment charge undcr the Notc.
<br /> � 14. Notices. Any notice to Bnrrower provided tor in this Securiry Instrurnent shsll be given by delivering it or by mailing
<br /> • - it by lirst class mail unless applirable luw requires usc of unothcr mcthad. Thc noticc shall be directed to thc Property Address
<br /> ° or any other address Borrower designates by notice to Lendec Any notice to Lender shall be given by tirst class mail to
<br /> • L.endcr's addr�ss stutcd hcrein or any othcr address Lcndcr designutes by notice to Borrowcr. Any noticc providcd for in this
<br /> � Scc:urity lnstrument shull bc dcemcd to havc bccn given to Borrower or I.endcr whcn given as providcc!in this paragraph.
<br /> 15. Governin� Luw; Sevcrability. This Security Instrumcnt shull bc govcmcd by fcdcral law and the law of the
<br /> jurisdiction in which the Properry is located. In thc event that any provision or c:lause of this Security Instrument nr lhe Note
<br /> ; conflictti�vith applirablc law, such cunflict shall not uffcct uthcr provisions ot'this Securiry Instrumcnt or thc Notc which can bc _
<br /> givcn effect without the runflirting provision. To this cnd th� provisions of this Sccurity Instrumcnt und the Notc urc declarcd �
<br /> ' tn hc scvcrabl�.
<br /> Ifi. �3orrowcr's Copy. Borrowcr shall bc givcn onc c�m1'ormcd copy of thc Ncuc and of this Sccurity lnstrument. _
<br /> Form 3028 9190 _
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