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<br /> ' p�n�ots may no Fon�er lie nqciii�ed,alt'the'�optioa of trendtc,if,m�tgage ijas�a�e asafaage C��m�t��or tt�paiod� -'
<br /> � Qmt I.ender nsyaines)P�nvided b�r an iasma appravad by Lsnd�r�beoomes-ri�il�We�ad�is�obtained_Bono�s6�1 ptY .<. .
<br /> ,tbe prev�inms t�equiied w mai�tin moatgage inwrapoe�effnct.or to pmvid�a ld�ss n.senre,emtil dse nqni�ment foi�moctg�e
<br /> . idsuta�tct etds�in axotdanae vvith m►y written�eement betwta�Borrovru and[.wde�or appli�Ic7aar. .
<br /> � ! I�speciiva.�E�nder or its ageat may nn�Ce,re�on�bk�ntFies npon and,iav�oc�tis of the Pm�t��l�endec sh�ll gtv�e _ � .
<br /> ° � Bormaer dotia at tlie time of or prior w an inspxtion sp�cffying�rrsonable cause fot the iaspaxion. , � ` _
<br /> 10:'Coedemqn�tion.Tl�e phooeods of airy awaid or claim for da�ages. direct flt coasequ�tial, in corme�a wiih mY °
<br /> - - - - - mnde�icxt er��ak+ng of�r�rtaf tht f�ry',in far mmeyamx in lieu�sf e�atioa.�aFe k�assiBnod aod . - `
<br /> - � ` sdal!`be Qaid to I.rnd4r. . . .< . .
<br /> -- .� . �n tUc ev�t af atdal talcing of the Pmrperty.die pr000eds shall be appl'ubd tu tlic sums sscure�tsg'this�5ecarity I� � .
<br /> _- wl�ethec or not dten dae. with�yr eaass p�d to Boim�wa. In t6e evea�of`a p�rtiai taking of tbe Property ia whic�tbe€air < <
<br /> -- _ rAaitctt�alne of t�e P�s�ty'inQmod�y�befar�a t�,s talnng is eqoal to or�er tharr tt�y,�a�ouut ef ifx sums saaued by d�is
<br /> ' Sepuity I�trmtmt iminediately befoc�t6e taking,nnl�ss Borrowe�.and Lender othetwise:$gree in wsiting.the swns sa�taod by .
<br /> � : . thjs Secu�i�r In�aheru sball 6e �eduood hy the amount of.the pravocxis multipYied by the fotto`viring ftac�ion:(e?dx hopl ' .
<br /> - � amount di t6e`��ms,se�tirett icmnediatcty Defore the tatang.di�rided•by(bl t6e fair maricet vatue of�be PimP�Y�Y
<br /> ` .. before tfx talung. Any balancc sirall 6e patd w$ocrower. In the eveiu of a partiat taicing of the Property in w6[ch the fair
<br />�, � �arY�value of t�e'Property innne�aly betore t6e taking is less iha�t tt�e a�nonnt of tl�saus sec�ned��modiate[Y befate tBe
<br /> _ - taking,unless Bo�nower and I.ec�der:otf�rvuiss aSre�in v�rriting nr unlcsc applir�6te law otherwise ptovidas.tt�e proceads slnll
<br />__,°'�Y be applied ta tne siuns sewred by this Spcurity tactmment whether or rwt thcs�mts aie th�,m due.
<br /> .�:, ff t6e P�uperty is abandoaed by Borro�er.or'if.•after�xxioe by LEnder fu Borrower tdat the oome�or offers w u�aice aa �
<br />_- _ award ar seute a cL�tim fnr damages, �orrower fails to.respond to i.ender widiiti 30 days after t6e dau tue mt�ce.is given,
<br /> _ = Lender is authorized w coAect and applg the proceeds,at its optian.eRlmr to�oration or repair of the Pnopetty or W the sums
<br /> - �; secured by tvis Se�sarity InstrWnent,�vhet�cr or not tfien due. �
<br /> :- , tlntes�.i.�nder and Borrower otherwise agree in wtlt�ng, any apPlicatian of procreds to prineip3l shall �t e�tnd o�
<br /> � postpone the due date of the mornhly paymems�ferred to in paragraphs 1 and 2 or cha�lge We amoura of such pay�ments.
<br /> �f t � IL Borrower Not Rdease�Farbearaoce�y l.ender Not a Waiver:E�tension of the time fnr payment or modificatiou
<br /> - �,�ss;.•. •- of amoctiration of the sums secvted try thjs Soc�mty 7nmamem grantect-bq Let�derm any�oee�or imi»tenest vf Botmwer al�att- -
<br /> � {1�4.,.F.� ��.
<br /> �`;;- �7�'�� �. �not operate to rclease the liability of the original8orrower ar Boriower's successars in iritet�, l.eader sball Qot be tequiird W -
<br /> .:a x�_:�+.;�• :�:� .
<br /> :�� �`.�.'. `_ commenoe m nst an suc�oessor in inter�ct or reiuse to extend time for or otherwise �on
<br /> .��;;�.,�:,..-. _ Plnceed� Ss asai Y PaYment modifj� .
<br /> :'•t =-.;.-..:�� . '',;' of the sums secur�qd by this Securiry Insuument by raason of any demand made by the original Horrower or BorrawePs
<br /> = �t`=��-�'• " '� ' ruaessors in intet�est. My forlrraiance by Iender in exercising any aght or�y shall not 6e a walver of or preciude t6e
<br />_~. �` �•=�:K;��'' . exercise of amr r�ght or remedy. . ' • �
<br /> '�='��" 12.Sao�es5ors a�id Asigas Boond:Joint ard Several Lis�biUty; C�o-�gnas. The covenants a�d agr�aents of tdis �
<br /> r '�"�`'w-s--� Security Instzument shall bind and benefit the successors and acsigns of Iender and Borrower. subject w the prov�sions of
<br /> - ��'s'r�''_ .
<br /> � - - �-`� pa�agrapfi i9. 8orrower s covemants'autl agr�eme�tis ahali 6e joint and seve�al. Aay Bomnwer who co�signs this•5ecaritY
<br /> _- `:• '-.- - . Instrum�t but does nat execute the Note:(af is co-rrgniag this Seciuity Ia�ment only to mortgstge,Sraat aud comey that
<br /> ... . . .
<br /> � Borrower's imen�st in the Property und�r the terms of this Security Instrument;(b)is not personaily obligated to pay the swns —
<br /> - • •. secured 6y this Security Instrument:and(c)agrees that Lender anct a�ry other Borrower may agree to extend.modify.Forbear or
<br /> -'''�� ��' � ' .. mAke arry accommodations with regard to the terms of this Security Imtrumem or the Note without that Borrowet's oonsent. -" -
<br /> <° • �_= --
<br /> - ' � • 13.Loan Ctwiges.If the loan sec�+red by this Security Instrument is subjoct to a law which sets maximum loan cAarges. g:���
<br />._� �' ��;•=Y :s:�`�� and that law is finally interpreted so that the interest ar otfier laan charges roll�or to be colt�xted i»�onnection with tho _-_
<br /> xte
<br />_' :;;�';'.::'''.. r loan exceed the permitted limits.then: (a)any such toan chatge shall be reduced tiy the amount.necessary to reduce the charge �:��-=.
<br /> : ` to the pemutted limit:and(b)any sums already collected from BoTrower which exexeded permitted timiis wiU be refunded W �i�`°�:�-
<br /> ����'-�"'���_� • ` Bottower, ixnder may choc�C to make this refund by reducing the principal awod unde�.the Note or by m�lang a dinect -
<br /> '_7^_ _
<br /> `- - ' � payment ta 8orrawer. lt a refund reduces priacipal. the reduction witl be trrated as a paAial prepaytnent without atry <��::�=,;,:
<br /> � • �� � ��� P�YmeM charge u�er the Note. ;,. =
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<br />_ :;.:�"•'• . � ' 14.Notkts.Any r�atice ta Barrawer pmvided far in this Securiry Insuument sha�l be�ivcn by delivering it or by mailing ,`;�_-
<br /> ' � ��. ' � it by first ckiss mail unless applicablc law re�uires use of anather methcxl.The notice chall be directed W the Property Addtess :-`�'_<•� -
<br /> ��.Y:� :..- .'. . r_..,=.
<br /> _. },-, '. • or any other addre�c Borrower dCCignates by noticc to I.ender. Any naticc to l.cnder shall be given by first class mail to � ��'�-""`_-
<br /> z . • ,• • Lender'9 addr�s stated herein ur any athcr address Lendcr de�ignates by notice ta Barrnwer: Any notice providod for in this , i �_
<br />:,,, ;��. • • 5ecurity In.cuumcnt shall be doemed to have been siven to Bonower ot lxnder when given as providal in this paragraph. " ;F:�.
<br /> :"`^'��';` ` . ' 1S.Governing l.aw; Sevee�bii[ty. This Securiry lnstrument shall be govcmed by fcderal law and the iaw ofthe '��'`�` �
<br /> jurisdiciian in wh�ch!he Pn�perty is Incatc�i.in the event tlrat sny pruvision��r cluuse of�hiy So�urify Instrument or the Note �.
<br /> .-. ,-,:., '.�. : -. - rnntlic�s with apPlirrble law,such conflict sha11 ra,t nffect ather prov�iom oi thir Se�;urity tn.+trument�►the Note which can be . _
<br /> ;.r:� • • . givcn cffoct without the,conflirting pravision.Ta this cnd thc prov i�ians of this Security Instrumcnt and the Note are derlared :\,.
<br /> . , . � w be seveea6le. _ � .
<br /> �.. " . .
<br />� :'Y�:�' ' . ' 16.Borrower's Copy. Barrawer shall be given one canfarmed copy of the Nc�te and of thi.r Sccurity Mstrument. '
<br />- ' - • Foim 3028 9190 . .
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