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<br /> _ _ �9�'I' 1G00'76
<br /> payments mu��no longcr be required, at thc option of Lender, if mortgageinsurancc covcragc(in thc nmount aixt for the perind
<br /> that Lcnder requires)provicted by nn insurer appravcd by Lendcr again bccometi uvailable und is obtained. Burrower shall pay
<br /> the premiums required t�muintain murtgagc insurance in effect,or to provide n loss rescrve, until the rcyuiremens for mortgage
<br /> insuruncc cnds in uccordance with nny written agreement betwecn Borrow�r and Lcndcr or applicablc I�w.
<br /> 9. Ins�xctlon.l.eixler or its ugent may makc reasonable entries upnn aifd inspecti�ins of the Pm�xrry. I.cndcr shnll give
<br /> Borrower nntice at the timc af or prior to an inspection specifying reasonable cause for the inspcction.
<br /> 10. Candnnn�Uon.Thc procecds of uny award ar claim for danugcs,dircct ur c��nticqucntiail, in cunncctinn with any
<br /> condemnation c.�r other caking of Any part of the Property,or far conveyance in lieu af condemnation, nre hereby ustiignec)ancl
<br /> shall hc paid to Lcnder.
<br />' In the event of a tatal lukin�!of the Propeny,the prcxeeds shall be appl ied to the sums secured by this Security Instrunxnt,
<br /> whether or no[ thcn duc,with any cxccss paid to Borrowcr, In the cvcnt of a partinl taking of the Property in which the fnir
<br /> ma�kct value of the Propeny immediutcly before thc taking is cqual tc� or grcatcr thun thc amount of thc sums secured by Ihis
<br /> Security instrument immediately before the taking, unless Borrower and Lcnder otherwise agrec in wriung, the sums securr.�d by
<br />� this Securiry (nsttument shall bc reduced by the amount of the procecds multiplied by the following fraction: (a) the totul
<br /> amount uf the sums secured inunediacely beforc thc taking, divided by(b) thc fair markct valuc of the Pmperty immedirtely
<br /> before the taking. Any balance shall be paid to Borrower. In the even�aF a partial taking of the Property in which the fair
<br /> markct value af the Property immcJiatcly beforc thc taking is less than �he anx�unt of the s�.ms secured immecliately before the
<br /> takin�, unless Borruwcr and l.cndcr othcrwise agrce in writing or unless applicablc law othcrwise provides, the procceds shall
<br /> be applied to the sums sccured by this Security Instrument whether or not�he su�ns are then due.
<br /> If the Property is abaixionecl by Borrower,or if,aRer�iotice by Lender io Borrower that the candemnor offers to make an
<br /> award ar sct�le a claim for damages, Borruwer fails to respond to L.ender within 30 days aRer the date the notice is given,
<br /> I.ender is authorized to collect and apply thc proceeds, a�its option,eithertc�rcswratiui�or repaie of the Property or to the sums
<br /> secured by this Security Instrument,whether or not then duc.
<br /> Unless Lender and 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 puragraphs I and 2 or change the amount of such payments.
<br /> il.Borrower Not Released;Forbearance By Lender Not �Wai��er. Extension of the time for payment or modification
<br /> of amortization of the swns sccu�ed by this Security Instnmicnt granted by Lcnder to any successor in interest of Borrowcr shall
<br /> r�t oper.�te to releuse the liabili�y of the original Borrower or Borrower's successors in interest. Lender shall not be required t�
<br /> commence proceedings against any successor in interest or refuse to extend time fur payrnent or otherwise modify amonization
<br /> of 1he sums secured by this Security Instrument by reason of any dema�xl made by the original Borrowcr or Eiorrower's
<br /> successors in interest. Any farbearance by L�ender in exercising any right or remedy shall not be a waiver of or pretlude the
<br /> exercise of any right or remedy.
<br /> iL. ;UCCra.�o(.l'ritlti tu�i��u nuiliu` �viii �i�u ai:icaat •{,�.ix■e.... � • T:�C ..::C.^.�:it.°. .:.^.� � T:�nr� �f rh:c
<br /> � a. ■uq� �.S-Si�Si��a. «p..^...°:
<br /> Security Instrunxnt shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of
<br /> paragraph 17. Borrower's covenants and agrcements shall be joint and tie��cral. Any Borrower who co-signs this Security
<br /> Instrument but dces not execute the Note: (a) is co-si�ning this Securily Instrun�ent only to mortgage,grant und canvey that
<br /> Borrower's interest in the Property under the terms of this Security In�tmitient; (b) is not personally obligated to pay the sums
<br /> secured by this Sccurity Instrument;and(c)agrees that Lcixler and any dher Borrower may agree ro extend,modify,forbear or
<br /> make any accommodations with regard to the terms of'this Security InstNment or the Note without that Borrower's consent.
<br /> 13.Loaa CFwrges.If the loan secured by this Securiry Listrument is subject to a law which sets maximum loan charges,
<br /> and that law is finally interpreted so that the interest or other loan charges collected or to be cullected in connection with the
<br /> loan exceecl the pem�itted limits,then: (a)any such loan charge shall bereduced by the amount necessary to rcduce the charge
<br /> to the perniitted limit; anci (b)any sums already collected from BorroWer which exceedeci pemiitted limits will be refunded to
<br /> Borrower. Lender may choose to nwke this refund by rcducing the principal owed under Ihe Note or bv ma{cing a dite�:t
<br /> payroent to f3orrower. If :► refund reduces principal, the reductior� witl be treated as a partial prepayment without any
<br /> prepaymcnt charge undcr 1h�Note.
<br /> 14.Notices. Any t�iice to Borrower provided for in this Sewrity Instrument shall bc given by delivering it or by mailing
<br /> it by first class mail unlcss applicable law requires use uf arwther n�ethad. The notice sFiall be din�cteci to the Property Addrcss
<br /> or any other address Borcower designates by notice to Lender. Any notice to Le�xler shall be given by first class mail t�
<br /> Leixler'�:►ddress stated herein ar any other address Lender designates b�� notice ro Horrower. Any notice provided for in this
<br /> Security instrument shaC be deemctii to have been given to Borrower or Ltndcr when gi��en as provided in this paragraph.
<br /> I5.Gocerning L.pN•; 5evcrability. This Securitp instrunxnt slull be governed by federal law a�x1 the law of the
<br /> jurisdiction in which the Property is located. In the event that any prosision or clause of this Secu:iry Instrument or the Note
<br /> contlicts with applicabte law,such coaiflict shal!r�ot affect other prov6sions uf this Security inst�vnxnt or the Note which can be
<br /> given effect withuat the conflicting provisiun. To Ihis �nd the proeisions of'this Sa.�curily Instrunxnt :��d the Nute:u'e declared
<br /> to be severable.
<br /> lti.BorroNer's Copy.Hurrower shall be given unc confornttrl copy of the Note and of this Securiry Instrun�ent.
<br /> Fam 3028 9190
<br /> P��y 4 0�6
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