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.�:�_:�:."-.t+r. �•:-�► �.. <br /> ° - ----- - � <br /> __�_,:::��� . 93- i�� , - - - ._ <br /> p�ynia�u nry no lo�be t�e�rv�na,at th.oplon ot L�ndK, ir mo�t�bwr�noe cowrye (�n u�.�awat.ad br dM pwiail <br /> �t Lwd�r nquln�)Pro„idad bY�n ia�+nr�pPr°wd bi'!��tn be000w�vdW�le�nd i�ab�atnd. Bon�ow�r�4�11 piq� . <br /> . <br /> --- - - t�a�s�'.,�:�d ia�rs�min uwst�e�kt t!'Ee�c�,er ta p�+ovid�a lo�awrv�,uwMil t)r aqWa�fMt oouP� <br /> Iq�e p�da ie a000rd�rioe wilh�ny rvripen y�besweee sorMwer�nd I.ender a��ppHc�bM I+�w. <br /> !.I�etlar.t.aider ar la a�art ary m�k�e rodaa�►k arria upon�nd inpactk�ot the ProPoctY•lra�dar rhrll{iw <br /> �ornsw�r notice�t thc�Ime of ar prlor to�n in�ectlon�peciPyinQ nea�on+ible c�we for the iropoalon. <br /> f�.C.a�d�tfM. 7Ue proceed�of�ny�w�nd or cidm foe dan�a.diroct or oonroque�tW�in caatedian wilh�ny <br /> oatdemn�tion or aher Wcin�of�ny put of the Propany,or for oonvey�noe in lieu of oondcmnttlon,ue I�neby�ui{ned and <br /> �IWI be p�W to l.�cndcr. <br /> In U�o ovent of�total t�nQ of the PropeRy. the proceeds�luil be�pplfod w the suiru exurod by Ihi�So¢u�ity In�pument. <br /> whpher or not then due. with my ezceso p�id w BoROwer. In tha ovent of a puti�l ukin�of the PropeAy in which the fdr <br /> miulcet vdue oP ttie Prnperty immodiataly befaro the takiag is oqual w ar grcater tlun tho Amount of the wma�xurod by thi� <br /> Sacurlty Inshument immediatcly bcfore tho taking.unless Rornower and T,ender othenvise ngroe in wriHn�.tho euma securod by <br /> . thi�Sewrity Instrument alwll be roducod by tha art�ount of the proceeds mutdplied by t!a following fr�an: (A) the wtal <br /> smourK of the auau saur�ed i�m�edi�tely before the Wdag.divkied by (b)tho feir merket vulue of the Property immodiately <br /> beforc tbe t�kiag. My b�lanoc shall be pwid w Bor�uwer. In the event of a partiel teking of tho Property in which the fair <br /> muket value of thc Prape�ty imniodiately bcfon thc taking is less tlaa the amount of the siuns secured immodietcly bcforo the <br /> qlrlag.unlers Borrower and Len�ler otherwise agra ia writiag or unless applicabk law otherwice provides.lbe proceed��iwll <br /> bo�ppliod W the sums cecurod by this 5ecurity inspumcnt wMtl�er or not thc sums arc thea due. <br /> If the Property is abs�ndoned by Borrower.or if.aRcr notice by l.ender to Bornower thAt the oondemnor ofFers W make an <br /> ::i __ -- s�werd or settle a claim f�r d�ages, +Barrowcr fails ta responc!to Lender within 30 days atter the dnte thc notice is given, <br /> L.endcr is authodzed w rnliect aad upply the proceeda.at its option,elther w restoration or rcpair of the Pooperty or to the suma <br /> securcd l�j�thi;Secudty instrument,whether or not then due. <br /> Un1�ss Lender and Borrower otherwise agrec in wdting, any application of proceeds ro principal shaq nat extend ar <br />' puslpone�Ihc due dAtc oi�he mcrnihiy puymcnts rofeRed to in paragrnphs'1 a�xD 2 or change the amount of s�ach payments. <br />-- ll.'Bon�ower Not iteleased;�'orbearance By I.ender Not a Waiver.Exiension of thc timc for payaa�nt or rnaclification <br /> af amc�rtizatian of the sums secured by this Secu�fty Instrument granted by Lend�r to any auccesenr in interest of 8orr�wer shall <br /> not aperute to release the(iabill�y of the original Borrower or Bonawer's succesaors in interest.Lender shall not be reqtaired to <br /> -- commence proceedit�is ngainat any successor i�ir�terest ar refuse to extend time for payment or otharwise modify amoniuition <br />__ of the sums secured by this Securiry lnsuument by reason of any demand mnde by the ariginal Borrower or Borrower's <br /> s�sors in interest. Any farbearance by Lender in exerciaing any righ►or�emedy ahall nat be A waiver of or preclude�itie <br /> �-_:'�� exercise of any right or remedy. <br /> ':4�� 12. Su�se�s arid AssiQ� Bound;Jotnt pnd Several UabiUty; Co-signers. The covcnents and agraments of this ' <br /> 1'� <br />;� Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, swbJect to Ihe provisior�.s of <br />° paregraph 17. Borrower's covenents and agreements shell be joint and several. Any BoROwer who co-signs this Security <br /> - Instrument but does not executc thc Note: (a) is co•signing this Securily Inxtrument only to mortgage,grant and c�nvey that <br /> - Borrower's intcr�est In thc Property under the terms of this Security Instrumenr(b)is not personal ly obligated to pay the sums <br /> secuced by this Security Instrumenr and(c)agrees thet I..ender und aoy uther Bormwer may agrec to extend.modify,Forbear or <br /> r� mwke any accomir�odations wich regnrd to the terms of this Securiry Inbiniment or the Note wllhout that Borrower's consent. <br />"'�� l3.La�n Chorges. If the laan icecured by lhis Secudry Inslniment ix subject to u luw which r�tx maximum loan cherges, <br /> • nnd that law is finally interprcted u�thul the interest nr aher loun charges collected or to be collc�cted in connection wlth the <br /> -',� laan excced the permittad limits,then: Iu1 any such loun charge�hall be reduc«I by the amount necessary w reduce the charge <br /> — to the permiued limlt;und (b)uny xums ulreaJy c��llected fmm eorrowcr which exce�.�ded permitted limits will be refunded to <br />- Borrower. L.ender muy choose to nwke thi� refund by reclucing Ihe principul owecl unJer the Nute or by mnking a direct <br /> payment ta Bomower. If a refund reduces p�incipal, the reduction will be tm.�tod as u p�rti�l prepayment without any <br /> prepayment charge under the Note. <br /> 14.NotMes.Any notice to Bormwer pnrviJeJ fi►r in thfs Securily inx�n�mcnt shull be given by delivering it or by mailing <br /> �i � it by ti�st class mail unless applicuble luw requires usc oF unother method. The noticc shall be directed to the Property Address <br /> or any other uddress &irrawer designates by nolice lo Lender. Any notice a� Lender �hall tx: given by first class muil to <br /> 'r""�� L.ender's s�ddress stated herein or any other addrcss Lender designutes by notice to Borrower. Any notice provided for in thia <br />—�e.._�_:,� Security Instrument shall be deemed to have been given to Borruwer or Lender when gfven uti provided in this purngraph. <br /> - ' 15.Governing l.aw; Severablllty. This Security Instrument shall bc govcrned by fodcral law and the law of the <br /> > � .. <br /> :;�J� jurisdiction in which the Propeny is lacated. In the event that any provl�ion ar cluuse of�his Security Instrument or the Note <br /> �"" ' con0icts with applicubk law,xuch conflict shnll ncu uffect ather provisians of this Serurity InstNmem or thc Nnre which cun be <br /> �=" �`�� given effect without the con0icting provision.To thi�end the provisionx ot'thi�5ecurity Instrument�nd the Note ure declared <br /> ;�' �`'''r to 6e severuble. <br /> 16.Dorrower's Copy.Bomnwer shell be given onc rnnformed copy of the No�e und of IhiF Securiry Instrument. <br /> � ;���'.�e�}�'� Pp�4 018 �3028 9/90 <br /> . =,��.� <br /> :.�. <br /> : ,. �, �.:� ... -�.�.- . . . . ,�. . ., . . , . . :. <br /> a� _ _— __ �i�3:q� ., ' . . . • .�'• 1 • U, ��'�T`R•f T , <br /> .. -... • , '. 4 � - � . <br /> . <br /> •�= ,�—, iJ'y�.re�•,i . .. �-` . -a�`' ..;` � . .: <br /> ....�..v_,..._...L✓l . • . � '"'4 6 �, <br /> — .�.....•—xri�i,Jv r - . • ., r —•� . <br /> }.�. . . <br /> —._ — _—__.—_ ._ . _..___— _._—_--�.-._.—_---.—_— �r— .i'�..�1_�_� � . 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