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<br /> `� ' PaYanents may no ton�er he required.at the option of Leader.if mortgage insarance caverage(in the amount and for the period €,; < -
<br /> : • R�, that Lender [eqnites)Providod by an insunr aPPiaved hy Lender again becomes avaitable artd is obtaiaed. Borrower sftall pay � .� ,:�
<br /> ,"s. :- ��:'. .
<br /> `.�` � � � the �niums required to maintain moitgage insurance in effect.or to provide a toss reserve.until the requimment for mortgage .� k, :
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<br /> Y"`-��.`�. : '�• ` ' insu aace ead5 ia acco:dance with any wrinm agrEement between Bonower aad Lender or appficable law. � �. : . }�
<br /> "'�.�y_ , :, _ 9. IaSpeclion.ixader or its agau may make reasoaable enuies upon and ins�ectioru af the Property. Lxnder shaU give A .::4,_X_:�-.`<�.:•�
<br /> ��. .�•, a._
<br />- .,-` � � Bormwer notice at the rime oi or psior to an inspeaion specifj►iug reasonable cause for the iaspection. �� � ._ ;
<br /> - 1' �� � " 1Q. Cond�un. The proceeds of aay award or claim for damages, direct or consequeiatiai. in conneaion with any � :. . . . -
<br /> ��tf:. _ � `. ` � tt�r-.''c''_`.•.,.t
<br /> _ ; oondennnation or ot�eer taking of any put of the Property.or for conveyanc.e in li�of condemnazion,ate hereby assigned aad
<br /> i� . 1 �. r � . �' �
<br /> {j shall be paid w L�dea. l�d to the sums secured by this Securiry lus�. � :� ;
<br /> �a ;,� ,�_`i tn che eveat of a total taking of the Pmpe�tY.�p�����'� ��-h :
<br /> ' -` , ':-�-=',:�� whet�er or not then due, wi�h any exoess Qaid to Bormwer. in the evc�t of a partial taking of the Property in which the fair - .
<br /> � � � market va2ue of the Property i�diatelY before the taking is equal co or gceater t6an the amowit af the sums sec�ued by this 4 �� `
<br /> `��`'`, ' ' ;i �ri�y�e�immodiateiy befoce We tatciag.unless Bormwer and Lettder othecwise agree in writing.the sums s e c u r e d i ry �. ,s � y
<br /> `�•, �� .`� ;._:-� � S�rity lasuumeai shall be �bY �amouat of the pmoeeds muItipli� �y the foilowing fracxion: (a)the cotal - _- ..
<br /> �-�� .: z� , "
<br /> ��1 amomt of the sums secured immediately befare the ta�lcing.divided by(b)t t s e fair m a r k e t v a l u e o f t h e P r o�rt y immediate l y ` ¢
<br /> b e f o r e t h e t a k�a g. A n y balance shall be paid to Boirower. In the event of a panial tabtinS of the Propeny ia which the fair .� -�
<br />_ �` , `�..f`� :s,� mark�value of the Property imnmediatef�►before the takiag is tess than t6e amount o f t h e s u m s s e c u r e d i m m e d i a t e 1 Y b e f o i e t h e _ .:;°.,`,;�
<br /> �� ,. �., m writing or�mtess applicable law othemise pmvides. the pr+ocaeds shall
<br /> �,. -_` taking,ualess Bonower and l.ender otherarise a�ree. � �, `,
<br /> ` �y be applied w the sums secumd by this Securiry Instrumau whether or not the sums are then due. .� ` ,.z=. _.
<br />;`°�: ` � ;; or if.afrer nntice by Leader co Bnuower that[Le wndemuor offers to maYe am ; .., .::
<br /> � }:`.•_.',�; -- •�� `� If the Propecty is abandoned bY Borrower. .�''•`:;
<br /> j � ond to Lender within 30 days after tlne date tt�e notice is given. r � .
<br /> awanl or s�Ne a claim for�damages. Borcower fails w resp s`. �
<br /> �. ' � , , \� 1 the at its option,either to restoration or repair of the Pmpeay or to the sums .
<br /> lendet is�thorized to coAect a.�app Y P�� '' _
<br /> '�:.�' r� �� � ° �- ��• secared b this Secarity 1nsu�meat.a�he�or not then due. .;'.;_
<br /> y in writing, aaY aPPUcari°n of proceeds [o princiRal shaU not ex[ead or ,
<br /> ;�". :� .'• .,..:: �:_��= Untess L,ender and Bormwer othemise a�ee ::.--
<br /> Lend �`
<br /> '"�' •: � � referred[o in paragraphs 1 and 2 or change che amaunt of sach paymea�• :.:���;_.
<br /> a��. . • � - the due date of the montWY PaYmenu or modificauon `.,:�; .;;
<br /> -s,�:,• I l.Bormw�1Not Released:Forbearance By Leader Nm a Watver.Eaaeasion of the time for paymeat =
<br /> I � . " of amortiration of the sumg secuced b5+this Secarit3+las��°t gcanted hY Ixnder to aay successor in inutest of Bormwer sl�all � . _
<br /> ' �' � ` .. • ' .... � release the t'rabili ot the original Borrawer or Boirower's successors in inte�est.Leader sh�ll not be reqe�iied m � �' .'�;:!
<br /> uot operate w tY or otherwise madify amortireuon `_:�'.'
<br /> 5..,.... .�.:, _�'-_.,.�•�� �or m interesc or:etuse tQ extend rime for payment . _ .
<br /> �. �` i.� i co�p���Y
<br /> �`'.� - . �e py �eason of any demand made by the origmal Borrawer or Borroae�'s - , �
<br /> �,,: ;:� of dte sum4 se�vred by this S�uriry ��yr shall not be a waiver of or rectude the .,_' ��''���
<br /> �.! ����.Aay forb�oe�y lxnder in eueercising aay right or 0 �'� .�..:
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<br /> '.:�:. . �.� exercise of a�r right or remedY• ��,77ce oavenants and agreemec►ts of this •;-�'
<br /> '�.z�::��� � .:,. .. 1Z. Stxeessors au+d A�g�s Bo�d:daLnt aad Se��sl LdahilttY� ,..:: ��,_ �_
<br /> �. ::� ' , . ' g¢�ty Iamument shaU bind amd beae8t the successors and assigas of leoder aad Bo:mwer, sublect to the provisioas of � � :�. ..
<br /> :,.;: . , J.,; } . paiagzaph 17. Barrower's cavenants and agteemeats shall be joimt and seveial. Any Borrawer who co-si�� � .'� ..
<br /> _`",�':: . .r�� instca�nent but daes not execute the l�iou: (a)is co-signing this Secu:iry lmswme�t onty to martgage.8rant ey .;.,�,:-�
<br /> �' aall obli w the sams � `���:-
<br /> ��' •: ��,:� ; goaower's intesest in the PmpenY uuder che ter�s of mis SecuritY lumamen�(b)is aat Perso Y 8� Fali : T-
<br /> =�'"" • ' - S e w r e d b y this Securi ry Insuumenc:and(c)a8rees that[.en�der and azry othes Borrower may agree co eacead, modify.fosbear or 4 3.
<br /> �,�~,. ' • lnswment or the Note wi t hom t h a t Bo r r o w e r's c o a s e m. �-�'- : �_.,-�
<br /> ���: : . . . • , malce any accommadatiot�s with regaucd to the terms of this Securiry' .,,.. � �- �� •.
<br /> .��". . � l3.Luan C6arges.If the toaa secured lsy this Security[nsuvment is subjea to a law arhich secs maximum toan charges. ;
<br /> :;.�:`� . � and that law is finally inie�Pm.ced so that the interest or other loan charges collected or to be coAected in conaection cvith the rr ',; .�.�::
<br /> --��•,: . . the amount necessary to reduce the chaz8e
<br /> " �- ;� Io�exceed the permit[ed limics.thea: (a)anY such loan c6arge shaU be reduced I+Y . -
<br /> ,.sr;.: . . �...,
<br /> •�:;;` , �. _ to the germiaed limit;and N)anY s���5'collected from Boaiawer wtdch exc�eded permiaed lim�s will be refunded ro
<br /> �,.:. ;. � . . . . gatrower. l.ender may chnase w maIce this refund by r�ucing the priacipal owed im,der tl�e Note or 6y makia� a dit�t •
<br /> ` �• � payment to Barrower. 1f a refimd reduces p�cipal. the redustion wiU be aeated as a partial VreDaymcnt aithuat anY . ---
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<br /> .�''�` �. • `� -'= t e aader tt�ee Note. �
<br /> �� . .
<br /> �' ., . A�aY�II � Inswmene shall be en b deliverin it or hy ma'sling ..
<br /> �': ', 10.Nattccs.Any notice to Bomower provided for ia this SewritY BTM Y 8
<br /> .� ; �.. .. ..
<br /> �; ;:, �' ' ia by fust ciasY mail untess applisabte taw cequires use of another inethad.'i'he notice shall be directed w t�e Propetty Add�+ess . -..,`..
<br /> tce
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<br /> : �.._.. .,. . ' ! o r a a y o t h e r address Hoaower designates by aotice to Leader. An}r aotice co lxnder shall be given by fust clas.�. mail w
<br /> �_���,,-:: ,.. .
<br /> Q',i,'.•. . Lender's address state� hecein or any othes address l.ender designates by uotice to Bozrower. A ny norice provi d e d f o r i n t h L s I •
<br /> ;`• }-`.. � Securiry lnsuument sha11 be deemed to bave been g�vea to Borro�ver or Lender when given as provided ia tltis paragrapb. P,, .
<br /> ,:�.���:�': ' I5.Goveming l.�w: Sev�rabiltty. '0'his Security [nstniment shall be grnemed by fedetal law and tTse law of the ��. �
<br /> �'�. :; � � . ' jurisdiction itw whic4 ttte Property is lacated. in the event that any provision or cla�:se of this Secvriry{ustrumem or the No[e
<br /> : �i�`" '' ' wnflicts with apPlicabte law,such conflict shzii aot affect other provision�of�his Securiry Insmtmene or the Note whieh can De
<br /> �,�.�.�:-.i- . ', s.� . ._ :
<br /> given ef/ect without the wnflicting provision. 7a[his ead tRe Qrovisioas at this Securiry lastmmeat and clze Note are de�Eared
<br /> �,� ` ' to be severable. " �
<br /> �.�,f'�• . , 16.Borrower's Copy.Bonower shail be given one confom�ed copy of the Note and of this Secvnry Inswt�ent• .
<br /> „ ' � Fortn 3028 9190 •
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