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<br /> ' Daymenro may rA longer bo rcqulrc0,at the optlon ot Lendu.l!mo�age insurance covcrege M tha emount end tor the pertod " ' '
<br /> t�at Lender rcquires)prorMed by an lnsurer epproved by Lender agala bocomea aveilablo and I�obtilnW.8orrowet aMall pqy
<br /> —_ tHe prcmlum+requlrcd ro nulmela mongego inwrenco in affat,or ro provide s loss reserve,until�Ae requircment tor mongage
<br /> insumnce ends in axo�danco with any written egrament bdwan Bortowu m�J Lendcr or appllcablo law. ���.----- -....
<br /> n 9.Inspeetlon. Lcnda or Ite ngent may mxke rcasnne6le entdn upon and Inapoctiona of the Property.I.endu aMll glve _ _.____ .
<br /> - Bortowtr nodce at qw dme ut or pAur�o an iropectlon epeciTying reasonable cause for�ha Incpaaion. -
<br />;=--:.,� 10.Condemnatton.The pracade ot any award or cleim for demege�, direct or conxquemial, In connation with any
<br /> — eondemnedon or other taking of eny pan ot the Propetty.or tor conveyence in Ileu of condemnation,ere here6y ualgned and °"=�.'."`—.
<br /> � eMl1 be p�d to Lender. �
<br /> _ In No event ot a mtel iaking of the Propeny,the proccedc shull be applled ro the ams sewred by thls Securiry Instrument, _ .,__ ,-___
<br /> _,� whuher or noc�hen due,with eny excess paid to Borrowu.In the event ot a partiel teking ot�ho Property In whlch�he felr —' '�
<br /> � market velue of�he Propeny immedietely bePorc the taking i�equel�o or greeter than�he emount of the eums cuurtd by thls ���Hn�r,� ��-
<br /> Saurity Inawment immodietely before the�eking,unlw Bortower end Lcndcr oiherwise agrce in wddng,th¢wm�saured by ,k,r� -
<br /> 6� �hb Secudty Instrumen[ ihell be reduad by the amount of the proceeda multlplted by �e following fmttlon: (e) the totel -T .
<br /> !? emount ot the suvu axurcd inunedlately bePoro thc taking,divided by (bl �he feir rturkU value of�he Propeny immedietely ��5
<br /> '-� bePore tha teking. Any balance ahell bc paid to Borrower. In thc cvent oi e partinl uking ot the Propmy in�vhich �he fair - '''` -""'—��
<br /> :� market value of�he Property immaliately hforc�he taking ii Icss�hen the emount of�he sums savred immedietety hetarc the ° . �
<br /> ,` teking, unleu Borrower end Lender o�herwiu egree in wriung or uniw epplicable Iew othuwiu provides, �Ae proceeds ihall r h f4J�;�- _
<br /> be applitd to the sums saured 6y thi�Sxudry Inswment�vhdher or not the sum�are�hen due. , �, - _--
<br /> „� If the Propcny ia ebandoned by Bortower,or if,efler noiix by Lender to Borrower tFut�h¢condemnor ofPora to make nn J;s� -
<br /> „ eward or cettle a claim Por dnmegu, Borrower fails to respond to Lender within 30 daya efter the dete �ho notta ia given, t j ` �
<br /> Lender li euthodzed ro wllut end a I �he roaeda,at i�:o tion,either ro restoreNon or air of�he Pro n or to the�um� �';u;-':
<br /> - - PPY P P rcP P� Y {;f�.. .
<br /> _�� secured by thia Seeurity Inswment,whether or not�hen due. `{��fi-_ -
<br /> -i' llnlae Lender and Bortower otherwise egrce in wriung, any epplication of praeeds ro principal shell rot extaM or S f,. -
<br /> :�j postpone�he due date of�he mamhly paymenu rekrted w in paragreph� I and 2 or change�he emount of such paymmts. ��y� {s �
<br /> 1 ll.Bortower Not Releasedi Forbeerana IIy Lender Not e Welver.&tension of�he�ime for payment or modlfieadon «
<br />,,x� of amonl7ation of Ihe cum+ueured by�his Seeudty Inswment granted by Lender to any aucceswr in interest of Bortower shell �� , _'__
<br />�--�_� no�opereu ro rcleau�he liability of�he odgi�xl Dorrower or Bortower's suceessors in ince�at. Lender shall not 6e rcquired w �`fs"y�?'-�
<br /> � commence proceeding�agefns[any sucassor in intercst or rcPose ro extend tlme for payment or othenvix modi(y amoniiation i�i t �--
<br /> � of the sumc secured by thia Security Instrument by reason of any demand made by the odginal ISOrrower or Horrower a 1�th -
<br /> avaessort in intercst. Any forbearence by Lender in exercising any dght or remedy ahall not be a waiver of or preclude the y;fs`.�s?_.`;_—__
<br /> -i excrciae of eny dght or rcmedy. �r -
<br /> -'� 1Z. Sueoessora unB Assig��s Bound; Joint and Sevwel Liabllfty= Casignen. The rnvcnams end agramenu of thfs y���n�'x4f` _� _ __
<br /> ° �ecunry insnumem aheii oind anti oenet¢ �ee successors md essigns of iender and Rorrower, cunjai m tfia pmviaion� ot ��n� , --.
<br /> t� parogreph 17. Borrower's rnvenent� end egramema shell be Joint end uverel. Any Borrower who casigns �hia Secudty �{4'1i�s +�.��r _
<br /> .# Insuument but dop not execute the Nma (a)is ccrsigning this Security Inswment only to mortgage,grent and eonvcy that q r�' t �-
<br /> ;rsFr l��ckt6 _
<br /> ;,�j Dofrowcr'a interes�in�he Propeny undcr ihe rcrms of this Security Inatrumenr.(b) is not peraonally obligated to pay thc sums ��yst, �;, _
<br /> ] secured by this Security Instrumem;and(c)agrcea�hat Lender end eny other Borrower mey egree�o exmnd,modify,Porbear or L �y� j �'sti
<br /> °a make any eccommodetiotu�vi�h rcgerd to�hc lemu of�hi�Savflty Inurument or�he Note without the�Bortower's mnsent. �ut„x '���*F
<br /> ��d�� I3. Loan Chargw.If�hc loon secured by�his Secumy Instrument is subject m a law which seu mozimum Iwn chugea, 'et-��-r''rti°t�iI:3:°=
<br /> `;� and thet law ia finally interyrcted xo tha��he interest or nther lonn churga mllated or to be mllecttd im m�nation �vi�h the i r,.��' `�fv --
<br /> � Icun excad the pemifned limi�s, �here (n)uny such loan cherge shull be reduced by �he emoun�necessary�o reduce�he charge '�f i - !�"'.� -
<br /> -- ro the pesmitted Ilmi�;and(b)nny sums alrcady colleaed!mm Qorrower�vhich cxcaded pertnittod limits will 6e rcfunded [o ;s<<;rir;;?;�'���.�--
<br />�� -' fiortower. Lendec me choose ta make this rcPond b reducin �he rinci al owcd under lhe No�c or b makin a direct �' "' --��5"'�'%�-
<br />�.T Y Y S P P Y 8 1.';�;�.�i'��?t•5+��•.-
<br /> payment ro Bonower. It n rcfund reduas principnl, the reduction will be treated os u paniel prepayment �vithoa� any t ,,/�;i��i' '
<br /> prcpayment cherge under the No�e. a:.::.�+`:�.,.�is'-
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<br /> , 14.Notleea.Any no�ice io Bonower provided (or in ihie Securi�y Inswment shall be given by delivering it or 6y nuiling ��7,r fl�� +
<br /> '� it by flat class mail unleas applicable law requires use of airo�her methexl.The notice shall be directed to the Propeny Address }J� , "�r�iy�ir '
<br /> -.,,� or eny o�her addrcss Bortower designales by nolice tn Lendec Any nntice ta Lender s6a11 be given by first clau mnil to � � �� J1
<br /> �.,
<br />: ,�1� Lender's address s�e�ed herein ur any other:�ddrczu Lender designa�es hy nntice to Ibrrmver. Mry notice provided for In this "ria�°��„r,�`�i t 4.,_,
<br /> j�� Security Insnument shail be Jamal ro have becn piven to Bormwer nr Lender�vhen given as provided in this paregrsph. i�}`�j}T'�,-.
<br /> -�:1 15.Goveming Le�v; Serem611fty. This Security Imuument shall bc guvemal by kdernl la�v end �he law of thc `,1 . �- ��!� ';�
<br />�,�"] jurisdiction in which the Pmpeny is lacated. In the evem �hat any pmvicinn or claux nf ihis Security Insuument or the Note �->�..?��y4 .:`
<br /> -��.� mnflicts wi�h applicable Ixw,such coMict shall not u(fen o�her provisinas o(thix Securi�y Insuument or the Note which can be -+ �'
<br /> given effect without lhe mn0ic�ing provisian. Tn thiti end�hr provi�ian.of�hi.Securiry• Imuument und�he Note erc declared ,
<br /> a be uverable. - r�
<br /> __� 16.Uorrowcr's Copy. linrrm��cr ahall hc giccn onc cnnfnnncJ n�pp nf�hc�ntc aml af this Sccuritp Inurunum. �,.' '
<br /> ..�+� Form 3028 8/80 �''�_ �. . .
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