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<br /> — � .�' . `. ,:�°�� 93;' io6�o93 . ..
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<br /> pqyments m�y n�ion�er be roqulrod,et tho option of�.enda.if moKg�e inwnnce rnvc.raRa(in��nwunt w�d for the�r.riod
<br /> d�t[,erx�er roqui�)proviQod hy an insurer aQproved by Lender+�ain becomea av�ilMbfo and la abulned. Bormv►ar�hall p�Y
<br /> tl�e pranivau�requined w rruintain mort��o iawrwnce in a�'ect,or to provide a los�t+escrve,unNl the roquircment for m�xt�e ,
<br /> imur�uoe eidx in a000rduwe with rny wriue.��reemau betwaen Barrower ud Lender or sppiic,�ble I�w.
<br /> 9. I�pedlon. I.ender or lts age�may malce re�wn�ble entries upon send inspcctiotu of the Property. t.endcr atull �ivo
<br /> Borrower notice At the time af or prior to an in�poction spocifyin�rr�wnable cwso for tha in�pocUon.
<br /> 10. Condemnnlinp. The procsad9 oP any awaM or clalm for domages. direct �r cunsoqucntiwl, in connoction wfth any
<br /> condamnadon or aher takfn�oP nny port of the Property,or for rnnvoyanca in liw�f wndemnrtlan,are hercby aa�i�ned�nd
<br /> � _"'°°�`°'� shdl be paid t�l.ender.
<br /> In Ux event of a total wkiag of the Property.the procoeds shell be applie�ta the sums Kcurod by thfs Socudty]nstrument.
<br /> whether or not then due, with any excess paid to Barrower• !n 1he cvent of o putia!taking of the Property in which the f�i�
<br /> nwrket value of thc Properry immodiately beforo tlw ta�ing ia eq�wl to or gr+eater than the amounc of the�ums socured by this
<br /> Sec�rity lnctrument lmmodiately befare the tatcing.unless Borrower smd Lender otherwise�grec in wtitin�,the sums socural by
<br /> _ - - � thls Sccucity Irtst�utnent shx!) be �educed by the RrrKw�nt af the prooeeds multiplie+rl by the folk►wing fcaction: (a) the total �_
<br /> amaunt af the sums secural immodlately before the tAlcii►g, dividtd by (b)the fnlr mackd value of the Prc�pertY fmmediately
<br /> befare ttw taking. AI� �IAlIC4 ShAII t1C p8W l0 BOP[�OWer. In tht event of a parti�! taking of�he Propecty in which the feir
<br /> market value of tho Property immodi�tely before the wlcing is te.vs than the amount oY�ho sarns sxural immodiately before the
<br /> taking, unless Bormwer and I.ender otherwisc agree in w�iting or unless appiicable law cuhenvise pmvides,thv praceods shall
<br /> �°- ba�pplied to the sums secured by[his Security IRCtrumanl whether or nat the sums ara ihen due.
<br /> If the Property is abandaned by Bc►rrower.or If,after noNcs by l.ender to Borrower tFwt the cantetnnor offers to make an
<br /> award or aettle a claim for damages, Borrower fails to respond to l.ender within 3Q days after the date the noticc is given.
<br /> .,:�`r���• Lender is authorized to collect and apply the pmceeds,at its aptian.either to restoratian ar repairaf the Properly ur to tl�e sunw --�
<br /> i secu�!by this Security instniment,whether or not then due. —
<br />�-'�,``� �� t Unless Lender and Borrowcr othcrwise ugree in wdting, any appli��ation of proceeds to principal shall not extend or
<br /> .�:-;
<br /> -T' _ postpone thc due date of thc monthly payments referted to In paragraphc 1 and 2 or change the amount of'such paymentR.
<br /> ',� :t,, 1
<br /> ll.Borrower Not Released;Forbearr+nce By I.ende�Not a Wniver. �xtension of the time for payment ar modificatiun
<br /> - t •'�t�) �t . a__.. ep .. .y =
<br /> of amoRizstion oF the sv�i�s se�ure�by this Security I�wU uroeii�grar�::...�y 4t%T1uC1 t��ui�;y�:::x;�r ir.iaicrc:�C. p::::(T.:°.. 1
<br /> ff� not uperatc to mlease the liability of thc ariginal Eiorrowar or Borrower's successors in interest. I.ender shall nat be required to
<br /> commence proceedings against any successar in interest or refuse to extend time for puymem or otherwise modify amortizalion
<br /> `"�� of the sums secured by this Security Instrument by reason af uny dettwnd made by the original BoRawer or Borrower's
<br /> � � F,±,;, successors in interest. Any forbearance by l.ender jn exereising any dght o�remedy shall not be a waiver uf or prcclude the
<br />_ �`�'" exercisc of any rfght or remedy. _
<br /> --- �� -- 12. Succesyors and Assigns Hound; JMnt and �everai i.iabiiity;Co-si�ners. 7'i�c��rvn�ii, wx1 agreements af this _
<br /> +;`�j}t;r Secu�[ty Inatrument shall bind and benefit the successors und ussipns of L.ender and Bnrn►wer, gubject to the provisions of
<br /> " � ;� � ���+ paragrnph 17. Barrower s covenants And agreementF shall be joint and several. Any Borrower wha co-signs this Security --
<br /> t� ,, � ..,, Instrument but does not execute the NMe: (a) is co-signing this Security Intitrument only a martgage, grnnt and mnvey that �
<br /> t'°ti(; w.;.l,,•�t• f`.e.� =''i':.
<br /> r�;) :;. 4�,• � �;��•;;r. Borrower's interest in the Praperty under thc termx of thi�Security Instrumenr, Ib)is nat per.sonally obligated ta pa��the sums �,,
<br /> - ` `'�"��` secured by this Security Insln�ment;and(r►ugreex that L.ender and any other Bon•ower may asree tn extend,madify,forbear or �
<br /> _T� ` make any accommadations with regard to tUc terms of this Sc�urity In�ln�ment ar the Note withoul that Borrnwer's consent.
<br /> - � �.�. � 13. Loan Clwrges. lf the loan secured by thiti Security In.r•trument in zubject to a luw which sets maximum loan charges, �
<br /> � ' � and that law is finally interpreted so t6nt the interest ar aiher Inun charge+cc►Ilec:ted ��r to be collected in rnnnectian with the
<br />� .ti��%'�`':' � ��,r. � toan exceed the permitted limits,then• (u)uny such loun rhurge shull he reJuced by the umouat nccessury to reduce�he rharge �;°
<br /> r-^ �::�.����:v'.i.:X;'•'°°�. � ,, �_
<br /> 'j;k.;ff,;�;r��• . - !a the permitted limit: :u�u.��� ;,:e. s�r:tt sdreudy collected from B�►rmw�er which exrecded pern�itted limits will he refunded to "
<br /> s� K}� �..�.-v, ,
<br /> ..'``.I,_' �,.�f,1f'�.,,,�����,,�,, ;�,, , Ronower. LendeP m�y cian�.:c�c* ma�; t'��s refund by reducing the prinripal owed under the Note or by muking u direct a,
<br /> S ,�� � 4� P �,s���.:��'. puyment to Bnrmwer. It' u refLnd r�rr�es principal, the reduction will be trcateJ us a partiul prepuyment without any G
<br /> ,���'• i, � ` �:�r '�rr-*� ��. rP tnent charce under the Note.
<br /> '��x4'- t,.!+±^�.�'�f°� ' P PaY �'~_�.
<br /> f•.�. ��'�:��i't':�� ' ' ' 14.Notices. Any notice to BorroW�r prlu�irl:d �t�r io thiti S��uri�y Inslrument tihull ix givcn by delivering it or by mailing ��.•
<br />_. .��':,�;:;;�::..�
<br /> '.,'�,:j��A�i�,; ,;.,;ti?�;-• it by fin;t clas�mail unlcss applicablc laa•reyuire+uve�•1'anathcr meth�xl.Thc nn�icc shall bc.dirccte�l to the Prapeny Address �.•
<br /> `!„1,��1�� 2' ' ' or any other uddress Borrower de+ignate• hy nolicr io l.cnder. Any natirc �o [.cnder shnll bc given by Grst class ms�il to _�
<br /> .. �,h,rv....
<br />--.�y� c�,; ��,� . � Lender's uddre�+ staicJ hcrein or any oth�r addre.� Lendcr dc�ignutc�by n�itirr t�i Borr��wcr. �1n�•notice pmvided far in this _
<br />-- 4�.,. . ,�,� � Securily Instrument shnll bc deemed ta hu��e hetn givcn t�►&irruwrr ar I.cnJrr when givrn u.pcati:;:,A in this parugruph. i
<br /> q,t�k+���i :,�, IS.Governins l.aw; SeverabUDly. Thiti Srrurity Inti�rument .hnll Ix E«�rc�.d h� fcu.ral law und tne Inw oYeh� �.�
<br /> . i�!!t4'�':� � � ".j."
<br /> -• � ��••• -r � urisdic�ion in which the Pri� ert i�l�cated. In the evrrn thut un rovitiinn�ir�Oause .�I thi. �curit Intitru�^.xnt i�r the N�xr 3
<br /> —�i:' � , „ �,•°• con8ict.r•with applicable law.P uch ennfliet.r•hall nrn ul'1'rrt othrr pr rvi+iun��►f this S�rur�t�• lo:a�:m�m ur�he Note which c�n b� �5;,_
<br /> �� —
<br />�'��"� �.:;�'.� �-.: r given effect wi�hout the conflicUng pru�•ision, To thi.rnd the pruvi,ions of thi.Security ln.¢r�i��cn�and the Note nre d��.�ar�at �-.
<br /> ;�5.', . �•7►;���. ':' ' � to be�;cverable. �'.'.
<br />— � r;i?�.;rt.. • 16.Borrower's Copc.9nrrower shall he�ivcn onr c��nli�micJ cnpy of thc tiotc and i�f this Security Inatrument. �'�.
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