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<br /> . . ����/110�ZOII�Cf bE[�QI11ZE�,a[t�1C OptlQlt O��tlldCis'lf ri1p!#�,C idSt1t�110C�bYC�C��I1 tbG�[���pRT4a�� • `-`
<br /> tbnt I�eada t�ui�sl P�ided 6!►ao i�ura�Yed bY�l�eade►a�boounnes avm�isble and�is o6vined.Bono�ahalt.pry �
<br /> ' • �hc P�ani�ns�uir�ta�ia nmrt�agt in.surance in efFa�:ar to provide a loss c�es�erve,un�'I tlie i�cryi�aant for snoitsa�e� ,'
<br /> a�uranoe eo�s.in a000ndanoe�vith aay wtit�a agrea�errt 6�tvvaea Borcvaer aad t�ender a applica6le lsw. , � ' �
<br /> � :- 9.�I�speetioa ie�er or�ts�ma�►maka�te e�es apon and iaspections of the PropeKy_Lcnda sball give
<br /> Borrower notice at the tia�e of or prior w an ia�pe�ion specifyinS.�asotra6le c�use for the ins�lection.
<br /> ,10.C.oadem�n.Tbe pm�oeeds:of any awaz+d or claim for daprages,direct or consogaeatial. in oonnoction yrith auy ,
<br /> =L � _eor�n�lion ar othec tatcing of su�e part of t�e ProQetts.�e--�cc�vcyanoe is fieu-af�st.ane f�SY`�-and :-
<br /> . s6aUbepaid to L,e�sdes. . � � � ' : ' _ ` . . .
<br /> - � �in'the`ev�tt af a totat�sng of d�e Prupe�ty.tbe pTao�eedc shai!be�plied ta fhe swns secured hy this Sm�tjr I�ttumem.' � � ,
<br /> • wE�ether or not then due°. with any ea�ass paid tu Borrower.Yn d�e eveirt af a pential taki�of t6e Fraperty ia whicf►the€air
<br /> - marlcet value of t6e P,iQoperty�g 6eTofle ti�e�Sg is cqual�to ut gr+eater Ehatt tbe amoant of t�e sams�ewred 6y.,tbis � -
<br /> _ - SocFUity Ismumem in�me�iately befo�the taking.hnless HoROwa and Lader wheiwise`agree ia writing.the sums s�curod bY
<br /> '• ihi�SecvtiE�r Ir�sduma►F sball be neduced bY the amount`of d�e pcooeeds mutriplied bY the fnllowing frrction: (a)the wtal "
<br /> � • �,amount of fhe swns�ecured imn�iiatelY befaje the taking.divided bY @)t6e fair marlcet vatne of.�he Pi+nperty imtr�ediately
<br /> ;,, � before t6e tafcing. My balance sl�ail�be paid to Borrower. in the eveat of a p:utial taking of tLe Property in which the fair�
<br /> �, marYa vaUie of the Property imrnod'�tely befote tbe picidg is fess`t4a�ttre amoa�u of the sums secur�d nnmodi�te(y befo�the .
<br />'C-�° � - taldng;mil�s Borr�wer and Lujder othervvise sgee ia writing or unless applicable law othecvrise pruvides,the proce�ds sUall ' �
<br /> ;,��.' ' be applird w the sutac secared by thLc.Seturity lnsputneat whether or not the sums ate then dne.
<br /> _ If ti�PrQpaty is,alrm�doued Isy Borrawei.or.if,aher notiae l�I.et�der w Bonower that the condemnor offers to makc an< �
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<br /> awatd or s�tle a claim for damages. Borrower fails to z+espoad to lxnder arid�in 30 days aiter the date the notice is•given.
<br />,�:,. , leader is authorize8 ta oolkct and apply the ptooeeds,at its optioa.either to e�estor,�ion or repair of the Propesiy or to tUa sums
<br /> -_ �curod bN tfis Securi�Y I�nt,wt�ed�er or not 1i�en dve. �
<br /> Un�s I.ender and Borrower othe�wise agnee in writirtg, arry apPlication of pra�eds to principai shaU not extend ar
<br /> �; pos�pa�ie ttte due date of the montlilY PaYments referted to ia p�ag�g►hs 1 and 2 or change the anwuru of swch payments. ` —
<br /> �� =�s'_ �..� .y 11.BonnWpr Not Relea�ed:Fos�trance By Lettder Not�t Waiver.Eztensian of the time for payment or modifecatian • _
<br /> -�:;_:-..��';=�-.:- o�amort�ation oP the sums sewrod by ihis Security instn�meat graated 6y i.ender tb any successor in�of Barrawer�iratt : -
<br /> � i�': -- ' ` not iate to release ttte liabili of the ori �iml Borrower ar Borrower's successors in interest.I�ender shall not be cequired W --
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<br /> , �„_��::�:.::•='`_�::r::: oomnteaoe pnoceodings against amr.�turo�ssor in int�st or refuse to extend timr for payme�t!or othetwise nwdify amortization =_---
<br /> ��.,a.,-•. : �' ; • of the sums secured by this Security Instrumem by reason of arry demand made by the original Borrower or Bormwer's �_�;_
<br /> -:...:,,: ,:.."..�.� r., —
<br /> , �- �; .�::.,;�.-; successurs in interest. My forbearance by i.ender in exercising arry right or n7nedy shafl not be a waiver of or prectude the _
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<br /> ; exe�cise of or rert�ed �
<br /> �. "`�>�'�`���+•"` 1Z. Suocessois and Assigt� Boand;JoiM and Several Llability:Co-sig,ne�s. The oovenants and agreernents of this ' --
<br /> ���,�:�.��;.-: Security iasuument shall 6imi aad benefit the successors and assigns of Lencler and Horrrnxer, su6ject to the provisions of
<br /> � �, paragraph t7. 8orrawer's covenants and agree� shaii be Joint m�d severat. Any 8orrower who vo-signc this Security �a�-
<br /> - -� - - - � � Ins�tnut�ent but does aot exx�ccutc the Note: (a) is m-signing t�is Security lnstrument only to mortgage. grant and canvey that -- --
<br /> •, . . Borrower's interest in the Pr+aperty under the terms of this Security In.suumen�(bl is not personaliy obligated w pay the sums �'i.��-=
<br /> •�- .. . � 'secured by this Security lnstrumen��nd lc)agre�that Lender and any other Borrower may agree to extend.modify.forbear or '�-':�=�=��-
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<br /> ' " make any accommodatians with regard to the termc of this Security Insimment ar the Note without that Borrower s cansen� �i-�'="'�'
<br /> - ` . �. ' .. 13.I.aan Charges.lf the loan xecurai by thi�Serurity Instrument is subject ta a law which seu maximum loan charges, �� •:�••
<br /> .� - • ��.r1;.':;.,;-
<br />_- -,. -F, � • �.`. and that law is fmaily inteRretcd so that the inttKest or ather Icran charges callec�I or to be coNected in oonrrectian with the ..•-�;_:.:;--
<br />_ . ' ��. . "'•�"`' loan excc�od the permitted timi�s,thcn: (a)any tiuch liian charge shall he reducal by thc amount necasary to reduce the eharge -:;�:
<br /> - . ,:. , .to the permitted timit:and(b)any tiums aiceady wA�:eted fram Banawer which exceaded permitted limits will be refunded to . '
<br /> _ , . �.. Bonower. lender may choasc to make this rcfunt! by reducing the principal awed undcr the Nate o� by makin� a direct • _
<br /> ' � ' � . payment to Bonawer. If a�refund nduces principal. the reduction �will.,t+e trc�atvd a� a partial prepayment without am+ :
<br />.;,�....: . - --'••�.'''.` Prepaymert chargc under thc Nate. , : =�.
<br /> • . 14.Notices.An ttoticc to Hormwcr rovidal for in thi�Securit Insirumcnt.haU be wen b deliuerin �t or b mailin ' ° "�"'
<br /> Y P . Y S Y 8 � Y S -
<br /> . it by�first clac.c mail unles.r applicable law�cyuires u}e of`another method.Thc notice ShaA be directed to the Praperty Addtess� .
<br /> _ _ � �'•�: �, . ' or any other addrec.c Bnrrower designateti by nntice to l.ender. Any nMice tn l.ender shall be given by fir.�t clatis mail ta ;� .,,';���L
<br /> _ � Lcnder's address statcd hemin or any athcr addres�I.crtdcr dexigmatc�hy n�ticc to�+rn+wcr. Any notice provided far in this � �'�•�:_
<br /> ~_ '��� � Security Insirument+hail be dcemeci to havc i�een given to Borr�wer t�r IAmdcr when givcn aw providecf in thic paragraph. ;
<br /> ;� Ja_:- ':' `.• , iS.Coverain$ I.gw; Severa6ilily. 'fhis 5c��urity In��rumcnt shilll ix guvcroal hy faierat law a�xi the law of the
<br /> � ix
<br /> °.�'r jurisdiction in which the Property is located. in the event that any prrnisian or clause of thi�5ecurity In�trument ar ihe Nerte •
<br /> _� = ':y-���. �=-�_�---` -- conflicts with applicable law. wch conflict shall nrn affcct othcr pmvi�innc of this Sccvrity Mstrumcnt ar the Notc which ran bc _._..._...:_.
<br />- . given effect withaut the�canflicting provision.To this end the pr��vi�iun.r of thi+Sccuri�y In.trumrnt rrtd 1he Note are declarod � _.
<br />. .� ... - � to bc sevcrablc. ` '
<br /> _ : �t; 16.BOI'1'ANrC!'�9 CA�.&irmwcr.rlwll ho givcn unc amfornn�i cupy uP thc Notc smd of this Saurity instn�mcnt.
<br /> � Form 3d28 9190 . '.
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