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,v1 �... � - ...,�.- _... . --. ... . . .Y..- ....I. -._�i:LS`_. :.._ <br /> ' r':..�„t+h' ,a' ,p�-����,��'�I���lI��I��eG?°� �1{�� .s�!' �}_� ..:_y--`�= - ..�.-_.-.__. <br /> .at.�±Ti��� " ��f����r-y.i_tSr�.':avxaa.. <br /> �8� i1290`7 <br /> payments may no longcr bc rcquired. ot thc option of I..enJ��r, if mortg.�gc insurancc covcragc(in thc umuunl and for thc periaci <br /> thut L.endcr requires)providcd by fln insurcr approvcci by I..cndcr agiiin bccomcs availublc and is c�btaincd. 13orrower tihall pay <br /> the prcmiiuns rcquircd to maintain mongage in5urunce in effcct,or to providc a loss rescrvc,until the requircment for mortgage <br /> insuri►ncc cnds in uccordiuicc with nny wriucn agrccment bctwccn Borrowcr und Lcndcr or applicnhlc Inw. <br /> 9, lnsp��ctf�n. Lcndcr or its ugcnt may mlke rcusonable cntries upon nnd inspections oP thc NroExrty.Lendcr shull give <br /> Borrowr.r noticc a�t►hc timc nf or prior�o an inspcction spccifying rcusonublc causc fi�r thc inspcction. <br /> 10. Condemnutlun. The pracecds of uny awurd or claim for damages, direct �r consequcntiid, in cannection with uny <br /> condcmnation or othcr takin�! of uny part of thc Property, or for convcyimcc in licu of condcntmttion, arc hcrcby iissignccl and <br /> shull bc p.tid to Lcndcr, <br /> In thc cvau af a total taking of thc Fmperry, thc procccds st�aU bc applicd tc�thc sums sccurcd hy this Sccurity instrument, <br /> whether��r not thcn due, with any cxcess paid to Bormwcr. In thc cvent of n partial takin� of thc Property in which thc fair <br /> murket value of the Propertv immcdiatcly beforc thc tnking is cqunl w or grcatcr than thc umount of thc sums sccured by this <br /> Sccuriry Instrumcnt immcdiatcly bcfore the tuking, wil,.ss Borrowcr and Lcndcr otherwitc agrcc in writing, the sums sccured by <br /> this Security Lnstrument shall be reduced by the amount of the proceecix multiplied by the follc�wing frnclion: (u) the totxl <br /> amount of the sums secttreci immcdiately bcfore the taking, dividcJ by (b) thc fair markct valuc uf thc Property imntcdix�cly <br /> before the tuking. Any biilnnce shall be paid to Borrower. In the event of a partial t:�king ui the Prc�perty in which the fi�ir <br /> ntarket value of the Property immediutely before the tuking is less than the unt�unt of the sum�secured immcdiulcly be(��re the <br /> tuking, unless Borrowcr and Lcndcr o�herwisc agrcc in wri[ing or unless applicablc law othcrwise provides,the procecds shall <br /> be applicd to the sums secured by this Security[nstrumcnt whcther or not the sums are then due. <br /> If the Propeny is abandoncd by 9orrower,or if, after noticc by Lender to Borrower that thc condemnoroffcrs to make nn <br /> award or sctde a clnim for damnges,eorrower fails to respond to Lender within 30 days aftcr the datc the notiGC is given, <br /> Lender is authorizeci to colleet and apply the proceecis,at its option,either to restaration or repair of the Property or to the sums <br /> sccured by this Security Instrumcnt, whcthcr or not thcn due. <br /> Unless Lender and Borrower otherwisc agrce in writing, any applicution of procceds to principal shall not extend or <br /> postpone the due datc of the monthly payments referrcd to in paragraphs 1 and 2 c�r change the amount of such paymcnts. <br /> 11. Borrower Not Released; Corbearance By I,ender Not e Waiver. Extension of the time for payment or modi�c;i[ion <br /> of amonizution of the sums sccured by this Securiry Instrument granted by Lender to any successor in interest of Borrower shall <br /> not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be requir�cl to <br /> commence proceedings against any successor in interest or refuse m extend time for payment or odierwise madify amortizution <br /> of the sums secured by this Security Instrument by reason of nny demand made by the original Borruwer or Borrower's <br /> successors in interest. Any forbenrancc hy L.ender in exercising any rigl�t or remedy sl�all not be a waiver af or preclude the <br /> exercise of any right or remedy. <br /> 12. Successors and Assigns Bound; Joint and Several Liability; Co-signers. Ttie covenants and agreements of this <br /> Sr.t:uriiy InairuutCU[ �i�uii biu3 diid iiit'ieiii ilic ;u�c..ssar :.r� as��gi;� o� L;,��c: a^d 9^::0::'�:, saL`j�.I r�rhP rrnyici�nc nf <br /> paragraph 17. Borrower's r�venants and ugreements shnll be joint and several. Any Borrower who co-signs this Security <br /> Instrument but dces not execute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and convey that <br /> Borrower's interest in the Prnperty under the terms of this Security Instrument; (b)is not personally obligated to pay the sums <br /> secured by this Security Instrument; and(c) agrees that Lender and any other Borrower may agree ro extend,modify, forbear or <br /> make any accommodations with regard to thc terms of this Security Instrwnent or dte Note without that Borrower's consent. <br /> • 13. Loaii Charges. if thc loan secured by this Security Instrument is subject to a law which sets maximum loan charges, <br /> , and that law is �nally interpreteci so thut the interest or other loan charges collected or to be collected in connection with th�e <br /> loan exceed the pennitted limits,then:(a)any such loan charge shall be reduceci by the amount necessary ro reduce the cnarge <br /> � to the permitted limit; and(b)any sums already collected from Borrowcr which exceeded permitted limits wilt be refunded to <br /> , Borrower. I.endcr may choose to rnake this refund by reciucing the principal owed under the Note or by rnaking a direct <br /> payment to Borrower. If a refund reduces principal, the reduction will be treate.d as a partial prepayment without any <br /> ' prepayment charge under the Notc. <br /> � 14. Notices. Any notice to Borrower provided for in this Sec�irity Instrument shall be given by delivering it or by mailing <br /> { it by first class mail unless applicable law reyuires use of another method. '1'he noticc shall bc directul to the Property Address <br /> or any othcr address Borrower designates by notice to Lender. Any noticc to Lender shall be �iven by first class mail to <br /> L.cndcr's address statcd hcrcin or any other address L.endcr designates by noticc to Borrowcr. Any notice providcd for in this <br /> Sccurity Ittstrument shall bc dccmed to havc been given to Borrower or Lender�vlien given;�s provided in this pzragraph. <br /> 15. Governing Law; Severnbtllty. This Security Instrument shall be governeci by federal law nnJ the law oFthc <br /> jurisdiction in which the Properry is located. in the event thnt nny provision or clause of this Security Instrument or the Note <br /> conflicts with applicnble law, sucli conflict shall not affect other provisians o.°this Sccurity Instrument or the Note which cun be <br /> � given effect without the conflicting provision. 'Po tliis end tlre provisions of this Sec�rity Instrument and the Note are declared <br /> ro bc scvcrablc. <br /> 16. 13orrower's Copy. Aarrower shaU be given one confonned copy of the Note and of this Security Instrument. <br /> � Form 3028 9190 <br /> Pnan 4 ot 0 <br /> • -�.— _-._..T_._.__. _ . <br />'_1 ._ �� . ' .. '- .^ -. . "'�t � +: ` i. e� . 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