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<br /> • �~ Qay�tt.nqs may na longer b�required.at the option of Lender, if mortgage insurance coverage(in the acnount and for the periad �_
<br />- . ,---_- - t�.���� .�»�r�c►Qmvidcd by an insurer approved by l.ender again ts�omes availabie und�s�����`for mort'gage --
<br /> �,,:�,^, the pmmiums requireA to mai�ain rnortgage insurance in enec;.OI t0 Flttvtttf:6...��...,...-=. � �
<br /> insurance en�s in a�corda��e��+►��Y�'�ritten ugr�ment betur�n Sorroever and Lender or applirubte lavs. �
<br /> ' y��' on.Lender ar its aaent may make reas��lc entries upon and insRections of the Prapeay. Ixnder shall give �
<br /> �,y 9.Y�sgecti p �n rrasonable cuus�for the insp�ction.
<br /> 4� �� @orroiver n�tice at the time of or rior to an insPcction s�cify' g
<br /> �� l0.Con�emnstflon. The pr�s of any award or claim far damnges, direci or can�equeniial. in connection with anY �
<br /> wndemn�tion or other takin�of 3nY part of the PropeYty•or for rnnveyanea in 1�ev af condemnation, sue hereby assi�rted and � -
<br /> .,���• sh�ll be paid to Lender. �
<br /> ��� In the event of u total tasing of the Pmperty.tAe proc�ds Shall b8�pp���to tkE sums secured by th�s Security Ynsm�ment.
<br /> ��.�'s w{zether ar noi then due. with any excess p�d to Sorrower. In the event of a partial taking�of the Froperty in�vhich ehe fuir � _
<br />___�� markei value of the FroFerty imme�iiately befam tRs taking is equal to or greater than the�aunt of ch.sums secured by this
<br />--.�- gecurity Instnurtent immedi�tely before ths taking,unless Sorrocver and I_ender otherwise agree in writing.the sums secured by
<br /> y:;��- this Security Instrument shall be redaced by the amount af the proceeds multiPlied by the follatving fracrion: 1a��iatel�
<br />_,,,.� asnount of the su�s s�cured�mmcdiatelY aefore the taking, divided by (b)the fair mazket value of the P�P m'hich the fair _
<br /> ,-.�. bsfore the tafdng. Any balaac�z shall be paid to Bflrrower. In ths event of a panial taking of the Property .
<br /> market value of the Property imTne�iaielY hefore the taking is less than the amown of the sums secured imrnediately hefore ths
<br />.�`��': er otherwise a ree in�jrriting or unless applicable law otherwise provides,the pra�eds shall
<br />-H�� talcing,unless Bormwer and Lend g
<br /> be applied to the sums secured by this Security Insuument whether or not the swns are then due.
<br /> ��e p�p�rty is aband��ed by Borrower.or if,after n ond wYLendder with n�30 daysaafter the dat�e the n n'cx is given.
<br /> .��-:�� award or settle a claim f�r d:,mages. Barrower fails to nsg or to the sums
<br />-'��, Lender is authorized to vnlls�:and app ly t he p r o c e�d s•a t i t s o p t i a n,e i�h e r t o r e s t o t a t i o n o r r e p a i t of ths Pro p ert5+
<br />.3',`� Se�►r�d by this�ri�I,�-`�•;,..��nt,wllc3her or not then due. � u�on r.f raceads to priacipal shall not ext�d ��
<br /> „�;� iJntess i.ender an2 B+�rr�wer otherwise agree in writing. �Y hs 1 and Z cr a-Uange the amount ef sucli�rnents.
<br />___-__- postpone the due dats of ti�:�onttily paytnents refem�l.m in paragraP
<br /> �— 11.Bat�.:s�er Not�d;Forbearsnce BY E�1�IoY p Waivet.Ext.e�i�n of the time for pa}r�a�:�_r rnodifiptirsa
<br /> _-�- af amortization vf 4he sums secured by this S$curity InsUUment gtant�bY Lernder to any s�cc���in intenest of Borra�xer 4'�.�
<br /> `��,��;i
<br /> -_ ---- not ogeiate to release the liability of th?ariginal Bomower or Borrc::er's successors in inter�:.&r-:deT shall noi be mqui-'vj'�'�
<br /> - ��� commence proceedings�,�sn-�t any sutr,essor in inter�or refuss to extend time for paymet't n'�B��r or Borro"s
<br /> - - y o€the sums serumd i�� '.i�:- Seivrity Inswment hy rason of any demand made by the c��
<br /> =�—�'-- successots in interest. A.rsSt C�r�:eatn.���Y Le�der�n exercising any right or remedy shall n�t be a waiver of or preclude the
<br />-_ - exercise of any righi or r�edy. � �e �;���,d agreements QF+.i•;s -
<br /> - --- 1Z. Succescnis �=-� '�r�rs;dotnt and Several E�i►1ity;Co-st�ne
<br /> --- --' Securit} Insuument shail r�d and !�it:�he successors and as�::'-.s of l.ender and Borrower. subjeci to the provi��•af
<br /> paia�ragh 17. Borrov•'s`�venants ;�� ag���'� � � joint a�d severa]_ Any Borro�ver who c�-sj�s t�is S�'.:-'nY
<br /> Instrumens but daes not execute the A��`:�: (a)is co-�F�aing this SECU�rity�m`�=n s not personally oblige.��U PY���
<br />:m::y�i,��.� Borrower y ir*:z�est in the Propsrry un:i.�-:ne terms a. this Securiry
<br /> --- secuied by riris S�curiry Insuvment:a:�r3��c)a8��t 1Ender and��n-_:ether Boao�ver may agree to extend,modify.forhwr or
<br /> _ make az►y accommodations with regard ao the terms of ttils SscuInstrument�sub�e� o a�aw which sets maaimum loan charges,
<br /> _ �3.T,oan Charges.If ihe loan secure.�by this Security ��U,�,�or to be collected in connection with the
<br /> and that law is finally interpre2ed sn that the intenst or oiher loan charg t �, to reduce We charge
<br /> loan exc.,e�thz pe*mitted��mits,then: (a)any such loan charge shall be mduca.. :.y the a�nount necessary
<br /> = tfl thE permitted limit;and(b)anY swns already wllected from Borco�ver which ezceeded permitte� limi��Il be refunded to
<br /> Borrower. Lender may cnoose co make this refund by reducing the principaf owed under the Note or by e�malci��outlany
<br /> payment to Borro�++er. ff a refund re�utes principal. the roduction will he taeated as a partial prei�3+�
<br /> �regayrtzent charge under the Note.
<br /> �,ti:,;Ra•dces.Any notioe to Borcower provided far in this Se�urity Instrum:nt shall be given�y deli�cri��i3 or by��s
<br /> �t t,j yu,q �.l�s��u��applit3ble law re�uires use of anolher tnethod.The natice sha91 bc�iirected to atss::�pertY
<br /> or ary..-t3a�-address BoYrnv�er desigaates by notice w I.cnder. +��y no noflae w Borrowe�c�{n�oucey rn ded for nJ this
<br /> Lender's address stated herein or any other address I.ender designates by y p
<br /> Security Inswment�I�:�fl��e dexme�to have been give�to Borrower or Lender when given as pmvided in this ParaSraPh.
<br /> 15.Governing Ls'w. SevernbtStty. 7Y►is Securiry Instrument shall be govemed by federal law and the law of the
<br /> = jurisdiction in which the PropertY is�ocsted• In the event that any provision or clause of this Securiry YnswmenL or the Note
<br /> � - oonflicts with applica6le law.such conflict shall not affect other provisions of this Seci.iriryln���Et���e No e are d lazod
<br /> — given effect without th�conflicting pruvision.To this end the piovisions of this Security
<br /> _ �o be se�erable. of the Note and of this Secnrinj I�r.:tr,icnent.
<br /> � - 16.Borra�er's Copy.Borrower shall be given one conformad cvpy �3�� el90
<br /> Pap�4 018
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