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<br /> P�ymp�e m�r no iouta'be requlrod��t the opUon oP Lenda�.if mor�yaae fa�ur�rsao ca�a(in tha=�ndTar�perfod
<br /> d�t I.endar roquirel)providad by�n inwrcr�roved by Lada apin bewroea�v�ilAble�nd i�obuined. Bwr�n�ver�h�ll P�Y
<br /> tiw pranium�rc+�uirod w m�intain mon�a�e lmunu�oe in efFect�or to pravi0e�lo�rperve. until the requinynent for swrt�e
<br /> iawranoo apds in aoo�rda��e with�ny wrlqa��ned�nent bexwan Horrower�nd Lender or app8c�blo I�w.
<br /> �.tiapoellor.l.aider or tu a�ait nny m�ice eedonble aKt1e�upon�nd i�ion of the Propaty.[.a+�der�b�l{iw'
<br /> 8orrowu notioe�t the time of or pri�r w an in�poc�ion�pe�cityi�y c�an+ble c�use for Iho i�upcction.
<br /> 10. Caadanartin�.The pra�xe�is of rny�ward or ci�im tor d�mga,diroct or con�equentid. ln connectian wlth�ny
<br /> rnrdemrwtion or dher Wdn�af�r put of the Property.or for oonveyanoe in liat of�bn� aro hmby�ai�ned�nd
<br /> tlu�ll ba paid w I.ender.
<br /> " In the cv¢m of a toql takin�of�he Ptoperty�the procaais�hall be applied to the rurt�cecured by thio Securi�y irutrument. .
<br /> whether or�t then due�wiU��any exoess p�id to Borrower. in the event af a paNa)Wdng of the Property in which the fdr
<br /> market value of tha Pnapetty immediataly before the taking is equal w or grater thon the amount of tho eum�secur�ed by thi�
<br /> Socurity instrument immediately 6eforo tho taklna.unless Borrower aad Lender otherwfsc agroa in writin�. the aunu�avrod by
<br /> this Socurity Instrument shall be reducod by Ihe +unount of the proa�ds muliiplied by tho foliowing frt+ction: (�) the tWal
<br /> amount of the sums socured immedluely 6eforo the taking.dividod by(b)tho fair market vdue of the Prapeny immodi�ely
<br /> beforo thc taking. Any b�lanaa shnll be paid to Borrower. in �he evem of a partial tuking of the Property In which the fair
<br /> market value of thc Pmperty immedi�tely beforo the taking is le�s thon the amount of tho sums securod immodlately before the
<br /> taking,unlesa Borcawer and Lender dherwlse agree in writing or unless applicabla IAw othetwise provides.tha prace�ds�11
<br /> ba applied W the sums secured by Ihis Security lnstrument wha7her ar not the sums aro th�n due.
<br /> If the Property is a6�ncloned by Borrower.o�if.aftar notice by Lender to Borrower tlwt the condemnor offaB to make an
<br /> award or settle a claim for d�mages,Borrower fails to rcs�and to Lender within 30 days afler �he date the notice ia given,
<br />- I.ender is euthorizod to rnllect wtd apply thc proce�ds.at itsc option.either to restoraUon or repair of the Propaty or w the wms
<br /> secur+ed by this Security Instrumem. whether or not then due.
<br />� Uniess [.ender and Horrower otherwise agree in writing, su►y application of proceeds to principal shAll nat eatrnd or
<br /> postpo�u the due date of the monthly p�yments referted to in paragraphs I and 2 or change the anmunt of xuch ps►yments.
<br /> - - 11.Borrower Not ReleASed;F�By[.ender NM a Waiver.Extension of the time for payment or modification
<br /> "'���:.'� of omortization of the sums sacured by this Security Instrument granted by Lender to any successor in interest of Borrower shall
<br /> ' nat operat�to Kl�asc the liAhility of thr�,riuinal Rr►rmurer nr Anr*nu�'a c�u,rr4cn�a in inte�sl.f.ender shal!not bc reauired to
<br /> ��j�' commence proceedings egainst any suooessor in interest or refuse to eatend time for payment or otherwise modify amoniration
<br /> of 1hc sums secured by this Security Instrument by reason of uny dcmand made by the original Aorrowe� or Borrower's
<br /> - suca�.4ors in intercst. Any forbea�ana by I.ender in exerclsing any�ight or remedy shall riot be a waiver af ot preclude Ihe
<br /> - exercise of any rlght or remedy.
<br /> 12. S�uccessor�wnif Assigns Boundi Jolpt and Several Liabllity; Co-sigoers. The rnvenants and egrecmcnts of�is
<br /> - ,,r; . Sacurity Instrumenl shall bind and benetit the succeKSOrs and assigns of i.ender and Borrower, subject to the provisians of
<br /> �� �parugrnph 17. Aorrower's covenants and agreements shall be joint and severnl. Any Borrower who ca-signs this Securiry
<br /> [nslrument but does nw execute the Note:(al is co-signing this Security Instrument only lo marigage, grant and convey that
<br /> . ;� �,; „ Horrdwer's Mterest in the Pmperty utder thc terms of this Securiry Insttument; (b)is not personally obligated to pay the sums
<br /> ''�;��` ,:.� � secured by this Security Inatrumenl: and(c)agrees that l.cnder and any otber Borrower may agree to extend, mudify, forbcar or
<br /> . � ipi.'%
<br /> ���,�. make any accummodations wi�h regard to the terms of this Securily In�rument or the Note without that Borrower's consent.
<br /> �' 13. I.oan Clu�rges.If the Iwn secured by this Security Ins�rumeni is subject to a law which sets maximum loun char�es.
<br /> and that luw is finnlly interpreted so that �he interest or other loan churges collected or to be collected in connection with the
<br /> _� loan eaceed the permitted limits,�hen:(a)uny such loan charge shall be reduced by the amount necessary to reduce the charge
<br />-• to �he permitted limit;and (b)any sums alrcudy collectcd from Borrower which excecdai pertnitted limits will be refunded to
<br /> � Borrower. Lender may choose to rnalce this rcfund by reducing the principal owed under the Notc or by making a dlrect
<br /> , �S payment to Borrower. If a refund reduces principul, thc reduction will be treated as a pnrtial prepayment without any
<br /> "'`' ' pre�wyment chargc under thc Notc.
<br /> �. .
<br /> ;,�Y�,g�t, 14.Notices. Any notice to Borrower provided for in thit�Security Instrument shull be given by delivering it or by mailing -
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<br /> �,,�;, it 6y first class nwil unless appticublc luw requires uu of�nnther method. The natice sBull lx directed to the Propeny Address
<br /> ' ����•��� or uny other address Borrower designates bv notice to Lender. Any notice to l.ender shull tx: giv�n by fir�t class mail to
<br /> _ Lender's address�tated herein or any othcr adJresti L.enJer detii�nateF by natice to Borrowcr. Any notice provided for in this
<br /> ' �• � Security In.r•trument shul!be deerned �o huve been givcn to&�rrowcr or Lendcr when given u�pruvidcd in this paragrnph.
<br /> � G '� �I�';r� '�?�_: I5.Governing l.aw; Sevembillly. This Security Instrument shall Ix g�vcrned by fedrral law and the law of�he =
<br /> � ,,�;�: jurisdiction in whirh the Property is located. In�he event that any pmvision or clau,e of�hiti 5ecurity Instrument ar the Note
<br /> •••-�>�'Y con0icts with Applicuble law,such run0ict shall nc�t uffect other prrvisions of'thi,Securiry In,trument oc the Nate which can be
<br /> ,,;> �,��i��"` iven effect without the rnn8ictin rovision. To this end the wvisions of�hi+ Securit• Instrumem and the Note are declared
<br /> � .�- � : �..::. S B P P Y
<br /> ":�';:" .:,�:;�`;1.4, to be sevcrablc.
<br />=' �'~`�� 16.Borrower's Q:opy. &►rrnwcr xhall be givrn onc conforn�ed ropy uf the No�c unJ of thi,Srcurity lo�trument.
<br />+±•i. ;r'"'�'�}' � .. ."' Form 3028 9180
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