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<br /> � ' pnyments mny r.o longer be requtred,at the option of l.endcr. it mott�AIIe insur��ce coveea�c(in thc amaunt nnd for tbc period j
<br /> � that l.cuder rcquiecs)provided by on inaurer approved by l.ender aQain becomes avaflable nnd is obtained. Borr�wer shall pny �,�
<br /> ' the premiums requlred to malntAin mortgaIIe insurunce 1n effect,or to pmvide n toss ceserve,until the requirement tor�nortguae �_::
<br /> ' inaurnnco ends in accordnnce with any�vriuen agreement between Aorro�ver and Lender or nppHc,ul+le taw. -�
<br /> . 9.In.gpect[oo. Lender or lls agent m�y make reasonnble entrics upon and lnspections of the Progeny. lxnder shnll givo E�"-::
<br /> _ Borrower nodce at the time of or prior ro aa insgection speclfying reasonable cuuse for the lnspecdon.
<br /> 10.Condemaatlon. The pmceeds of any uward or claim for dumaIIes, direct ar canseyuential. in connection with any �.
<br /> ..,. eondemnution or other taking of aay prut of the Pcopeny,or for convcyancc:iu lleu of eoademaation. are'hereby assi�ned and __
<br /> �' ' shpll be p�td to Leader. °s=
<br /> ` In the eveax of a total takiug of the Property,the proceeds ahall be applied to the aums secured by this Secur[ty lnatwnent.
<br /> ;;.:s���' ' whether or not Wen dus. with aay eacess paid to Borrower. In the eveat of a partial taking of the Property in whlch tho fair __�`
<br /> � _-�''�"'�: raarket value of the Pcoperty immediately before the taktng is equal to or greater than the aaiount of the sums secunKi by thie F�._..
<br /> - Security Iastnunent immediately before the taking,unless Botrower and Lender oth�rwise agree in writing,the suma secured by �-'
<br /> ' this Security Inatrument sh�li ba reducetl by the atao��nt og thc prace�ds multiplied by tbt follc+waa� fraction: (a) the total ���
<br /> ,;�;„�;.
<br /> �.,,: ,,.,.,�;,, amnount of ibe sums secured immediutely before the taking, dlvided by(b)th�faia market vallue of the Propercy Immedlately �
<br />"���:;�:;�,�:�::':;:';;:':,�, before the eulwu�. Any b�lance ahall be paid to Bonower. In the event of a partial taking ag aht Property la which tha fair _
<br /> `"����`':;�`�'�::'+;4'�� market value of the PropErty imraediately bofore the talcing is less than the araount of the sums secured imincdiatsly before th� ___
<br /> ' '` tekIng,unless�orrower and I.ender othervrise agree ia wdting or unless appl{cable law otherwise provides. the proceeds shall __
<br /> �,�. bo applied to the sums secured by this Securlry Instniment whether or aot the sums are then due. --
<br /> �- ', if the Property is abandoned by Barrower.or i f.a Rer not ice by I.ea der to B orrower t h u t t b e c o n d e mnor offera to makc an _
<br /> ' nward or setdc a clnim tor damagea. Sonov�er f�ils ro respond to Lender withta 30 dnys aRer the dnte tite notice te givcn, -
<br /> �- � l.endcr is nuthorized to collect and apply tha procceds,nt fts optt�n.either to reatarutlon or repnls of the Ptopeny ar w tho sums -
<br /> eecurcd by thla Sccurity Inatn►mcnt.whethcr�r not thcn duo. - -
<br /> � Uniess Lcndcr and Bor�awer othcrwiso ngrco in writing, nny npplicntlon of procceds to principnl ehall nat entend or _..
<br /> � � �ust�no tho duc dut�oP tho ntanthly pnymcntx refcrrcd tn i�pnrogr��b�s l n�d 2 or chnngo tho umount ot such pnymanta, _
<br /> �� I l.[brrnwer Not Itelwscdi I�'arficaronco(iy 1.ender Not�W�Iver.Extension of tho timo tor paymrnt c►t ntodlflcntton =
<br /> � of amortl�.utlon of tho sums securcd by thls Security Inatn�mient grnnted by Lettdcr to any sacc,�sor in intercat ot Borrower shnll
<br /> not aperatc to relcaso tho llubllity of tho originai Borruwer ar Horrower's suc�essors ia interest.Lendcr shati not bo cequired co
<br />'��s,,�. :S� cornmcnx procecdinge ugalnst eny succes�or in intereat or reiLae to extead dme for payment ar otherwise modify amortizntton
<br />,:��_ . a of the sumn secuted by thid SecuNty Instnunent by reasoa of aay demsnd u�ade by the original Botrower or Borrowar's
<br /> �'°° �` BllCClSSOIB III III[CICSt. Aay forbearance by Lender in exercising uny rlght or remady ahell not be a waiver of or precludo�ttu
<br /> .--.-:�� �'• , exeretse of eay right or remedy. `
<br /> ',�;�� , 4,. � 1Z. Successore and Assigna Bound; Jalnt end 3everei Llubiltty: Co-slgnere. The covenaats and agreemants of this
<br /> - • 'y° �• Secudty inatnunent sh�ll bind end beneflt the successors uud assigns of Ixnder and Borrower. aubject to tha yroviston» of
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<br />'T-_�j„ k;� �graph 17. 8or.rower's covenaata end agreements shall be joiat and several. Any Bon+ower who oo-signa thia Sscnrity
<br /> -`'a�'�``� Insuument but daes aot execute the Note: (a) Is co-signing thts Securlry Insavment onty to mortgago. grant and convey that
<br />;,.�r°i".-��
<br /> .'`'�-"""`' Borrowcr's intcrest in the Pro erty uader the terms of thia Security Insaume�t:(b)is not personaUy obligated to pey thu sums
<br /> '';rr���,� p that Lender and an other Borrower ma to extend,modi .fotbear or
<br />��:�.,;.� eecured by thi�Secudty Inswiment:and(c)agrees Y Y� �
<br /> T�''��:i`�-1� make any accomcnodations wtth cegazd to the tecros of thia Secudty Iasuument or ttn�e Note wtthout thnt Borrower's consent.
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<br /> ,�.,.'-... .. 13.Y.oan Chaeges.If the loaa secured by this Secudty Inatruasent is sutr�jeci to a law which sets maximura loan charges,
<br /> ._;,��`L;,,,;.', nnd that tuw is tinally lnterpreted so that the intemst or other loan chargea colle�ted or to bE collectcd ia conaecdon with the
<br /> ��-;�;,�;� loan exceed the permitted Iimits,then:(a)any such loan charge shn7]�e rectuce�by the amoumt nectssary to rcduce�he cbarge
<br /> --=�--,:_,�� to the permined tiasitc and(b)any sums already coilected from�orrnwer whicD eaceede�permitted limits wW bo refnnded to
<br /> �__zII� Borrower. I.enQer raay cboose to meke this refunsl bp re�ucing the princip�vwed under the Note or by maiciag a direct
<br /> �"'�°'"`� payment to Borrower. If a refund reduces princlp��1, the reduction wi11 bs ueated es a partial prepaya�sat without any
<br /> --����� prepayment charge under the Note.
<br /> __��;�� 14.Notices.Any notice to Borrower provided far in this Scxurity Instnuneat shall be gfven by deliveiing it or by mailtng
<br /> Y4�=���� it by flrst class mail unless applicable law requires use of naother methad.The nottce shall be directed to thv Properiy Address _
<br /> °�:;;s±�.-� or eay other address Eorsower desigautea by notice w Lender. Any aatioe to Lznder ehail be given by firat class mnil w _
<br />___�'`,� lxnder's address stateti benin or say other add�ss Lender desigaates by notice Lo Bonower. Aay notice pmvidal for�►this
<br /> -� '�� SecurIry inatrument shall be deemed to have b�n given to B�rrower or Lender when glvrn ns pmvlded tn t�is paragaph.
<br /> � —�� 15.is'uvrr'uGig Y.aw; �everabWty. 'Phis Scciuity instnustes►t sLatl tx gnvented Yy federat laty aut! tttc !s� ot the
<br /> `-�"""���''� jurtsdictton in which the Proptmy 1s located. In the event that tiny pmvision or clause of thls Secudry Insnument or the Nou
<br /> ,�Y��-� confttcte wtth applicuble Itnv.such coaflict shsill not affect other provisions of a�his Securlty Insuument or the Noie which can be
<br /> -_=Y'���;�;tiz; 6iven effect withouc th�conflicting proviston.To this end the provisions of thia Sewrlty Iosm�acent and the Note at+e declered
<br /> _'�""""`:r:� �.; : to be severable.
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<br />;_�::-:"^�:`.;�: $ 16.Borrower's Copy.Bonower shall be givea one oonformed copy of the Noi�and of this Security Instiument. _
<br /> form 30Y8 9l30
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