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<br /> nt tt�e aptinn �f I.snd�r, !f martgage inaurance coverugo (in thn nmount and for the p�rlad chut l.ender requiresy � '
<br /> •. ' pr�rvideJ by un tnsuree approved by I.dnder aguin bscomes avnitablo und ia obteined.Borrow�r ehull puy the premiums
<br /> rc�ulecd to mnintnin mart�oBe inAUronce in ef4ect,or to provide a loss resorve, unttl the requirement tor mort�n�e
<br /> " ine�aunce dncia in nccardunce�vith nny written agreement bot�veen�arrower and Lender or nppllenble law.
<br /> � 9, lnepectian.I.ender or itA ngent moy make reasonnble entrtes upan and inspectiona of�ho Property.I.ender shall .•
<br /> givn Horro�ver naticv at the time of ur prlar to nn inspection speclfying reasonablo cuuse for tha inapection. � f
<br /> t0. Condemnatian.Tha praceeda ot any award or claim for damages,direct ar consequential.in cannection�vith � 6.
<br /> ' any condcmrwtton or other tnkin�oP any parc oP the Pro�ercy,or for conveycnce in iteu of candamnetion,erd hdreby �
<br /> . u�wigned and ahall be pnid to l,ender.
<br /> � � In the event af a toWl teking of the P�opetty.tha proceeds shall 6e applted to the surns secured by this Securtty � - _
<br /> � �� Instrument,vrhetherar not then due,wtth any axcesa pnid to Bonowar.In the event of a partial teking of the Proprrty in � �,
<br /> �::'=:�•-^�� �vhich the tui�market vahie of the Proparty immediately before tha taking is equnl to or gretster than che amount of the ,
<br /> ' . �� sums secured by thie Security Inatrument immed�atety before the taking,unless Borcower and I.ander otherwtse agree �
<br /> -� � � in writing,the sums secured by this Security Instrument ahall be reduced by the amount of tha proceeda multiplied by � ._
<br /> ' " '� the lollowing fraction: (ay tha tatat amount of the sums secured immedtately bafore the tuking.dtv;ded by(b)the feir i':__
<br /> �,� market value of the Property tmmediately before the taking.Any balance shall ba paid to Borrower.In the event o4 a -�
<br /> � part(al takin�of the Property in which the tair market value oi the Property immediately betore the teking is less than !.:
<br /> � the amount of the suma secured immediately betore tha taking,unless Horrower and I.ender otherwise a�ree in writing a
<br /> or unless applicable Iaw otherwise provides. the proceeda ahall be applied to the suma secured by thia Security
<br /> • � (n.strument whother or n�t tha aume ara then due.
<br /> ,� . N the Property is abandoned by Horrower,or ii,after notice by Lender to Borrower that the condemnor offers to
<br /> ' make an award or settta a cletm for damug�,Botrot�er faile ta respond to i.endar aithin 30 days atter tha date the _
<br /> Y� nottce ia givan.Lender ia authorized to collect end apply the p�raceeds.at ita optton,eithor to re�wratlon or repair of tRe _
<br /> " ::,, � , Property ar to tha auma secured by thia Secudty lnstrumont,whather ot not then due. ;;
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<br /> .,,t: =�� Unless Lende,r and Borrower othetwtse agree in wtiting�any application a�proceec!s to ptir�cipal ahell nae�:rtend or �,
<br /> � ;�:,'�.:�`�.;;;�;;. �� poatpana the due date a4 the monthly payments referred to in paragraphs 1 and 2 or chanygo the atnoum o4 such -
<br /> .�;'�� > payments. ►''
<br /> '.��� �'w 11, 8atrower Not Released; Forbeorance By Londer Not a Waiver. 8xteneion ot tfie tisne far payment or �
<br /> modification of amortization of the suma secured by this Security Inatrumant grante�by Lender to any aucc�ssor in
<br /> � lnterest oi Borrowet ahall noi operata to telease tha liability of the ariginal Banower or Borrower's successors in _
<br /> '���� interest.Lender shall not be required tc�commenca prnceedings againAt any successor in interest or refusa to extend
<br /> ;:�;;;;�'t-;�' � time for payment pr atherwise modify amortization of the sums secured by thie Seourity I�strument by reason of any
<br /> '��a' : demand made by the ori�inel Borrower or Barrower's successors tn i�terest.Any forbearanoe by Lendec in exercising
<br /> •_`,,�;;�; m�y rigr,tar ro�r�y shalt nat�a•�:.iver of or pr�ltkl�ilie exRrai�ce�f any right or ramedy.
<br /> � ` ��'��S t2.Successore and Asatgn�Bound;Joiat and Several Li�bility;Co-sigaers.Thecovenanta a�d a�reements
<br /> ' � ' of thia Security I�strument ehall bind and ben�fit tha successora and assigns of Ler►der nnd�orrower, subjeti:t to the
<br /> - ���'�.� ' provisione at patagreph 17.$orroaer'a covenanta and agreements ehall be f oint end severol. Any Borrowor whu co Rigns
<br />__�._�c�x+; this Security Inetrument but dues not axecute the Note: (o) ie co•eigning this Security Insttument anly ta martgoga,
<br /> --�W�-,G:,;,, grunt and convey that Horrowor e interest in tho Property under the terma oi this Security inRtrum�nt; (b) ie not
<br /> ��}x`-����`� � parsunelly abligeted W pay the�sum�eeaured by thie Sec�rity Inetrument;and (a) agrees that I.ende� and eny��ther
<br /> ',�;•:���;: I�arrower may egres to extend.modtty,torbeat oc make eny accommodations alth�egerd to t�►e terms nf this Security
<br /> �-�r:-r?. Inatrument or tha Note wlthout thet Horrowor'e consent,
<br /> - �-�' 13. Loan Ch�r�ee. I4 the toan seeured by this Seourlty Inatrument is subjeot to n Inw�vhich ssta c�aximum loan
<br /> i;y,:='�:,;,�.�� charges, und thot ln�v ie finelly interprated so that the interest or athar loan charges collooted or to ba collected in
<br /> '��MLr:���- connestton �vith tha loan oxceed the pormttted limite, then: (e) any sueh loan cl�nr�e shall bo reduced by the nmount
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<br /> � -_:_-, ne�asary to �educa the charge to tho permttted limit; and (b)any sums already collected!rom Borrower which
<br /> -��=�:::� eaceeded permittad limits�vill bo retunded w Borroaer. Lendet may chooso to mske thts rofund by ceduaing the
<br /> '��"":� principal owed undor the Note or by muking u direat pupment t�Bortowar.If a refund reduces princIpal,the reduation
<br /> will bes treated as a partinl pre�ayment without eny prepayment char�;e under the Note.
<br /> --_- - =� {4.Noticea.Any natica to Iiorrower provided for in thIs Security Inatrumont ehall ba g�ven by delivering it ar by
<br />�..;�nu;~�_�� mailing it by first class meil unless epplicable law requirea uso ot another methad.The notica ehell be directed tn the
<br />- ��'=�"�— Property Address ot any other addeess Borrower deslgnates by noticc�to Lender.Any nottceto Lender shall be given by
<br />°""��'"� tirst olass mail to Lendar's address stat�d herein or ony othar addresa Lender desi�nates by notIce to Borrower. Any
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<br /> _ - - _�� notice provtded ior in thie Security Instrument ahall be deemed to hxve been gtven to Borrower or Lender when�iven
<br /> F'��r-_h�.�r�# as provIded in this paragcaph.
<br /> =--- ° - 1S.Govem3ng I.�w;Seve;abllity.ThisSecurity Jnstrument shail be governed by fedarel law and the law of tha
<br /> .�"�:;; �'i':� � ju�r�sdiction in which the Pcoperty is located.In the dvent that any provislon or clause of this Sscurity Instrumant or tha
<br /> -�";:;;'j�;` Noto confliats aith applicable law�such conilict shall not afiect othar provisIons o4 thte Securlsy Inatcument ar the Note
<br /> ��'��'.' .kw: � which can be given effeat without tha con4lieting provielon.To this end the provietons o4 thi�Sccurity Inatrument and _
<br /> "�,.;,,.'`�'� the Nnte are declfirad w be severable.
<br />_-. . Form 9Q28
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