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<br /> pryrnent� m�y no lon�er bo roquirod. �t the option of Lerder.If mongaye insurartce cAVera�e(in the anwunt w�d far the pedod
<br /> that l.ender requires)provldod by An insurcr approved by Lender agwin bocomes wvailable�nd ia obtoined. Born►wer�hall p�y
<br /> the premiums i+equi�+ed to moinwin mortgagc insurance in effect,or to providc�lou reserve,until thc roquircment for mort�e
<br /> in�ur�nce�aids in nocordance wlth�ny written�roetnent betwan Borcower and[.ender or applic�bla I�w.
<br /> 9. laApection. Lender or its ogent mAy mAke reACan�blo entda upon and intipac�Mnr uf tha Proporty. L�xler+dwll �Ive
<br /> Borrower notiee at the time of or pdar to Ao inspeerian epaf fyin� re�coiwble eruse far the inxpechic►n.
<br /> 10. CondemnsUbn.The praca�la of++ny award or claim for dwnwges,direct ar canseyuentiul, in cnnneaKiun wilh my
<br /> candemwtion or other�akln� of ony paM of the Property,or for conveyaixe M Iku af cundemnalion, w�e haroby �xxi�aod�nd
<br /> �_ -- �--�--t° ilwl/bc pafd to Lcndcr. --. .
<br /> In the event af a totAl taking oi the PropeRy.the prc�ceade�hall 6e Appliod to the suma secural by this Security Instrurt�ent.
<br /> whether ar not then due. with any excess paid to Borrower. In the event of a pnrtiol taking af the Pmprrty in which the falr
<br /> market vduc of the Property immaliutely before the teking is equal to or greater than the umount ai the sum.v secured by lhis
<br /> Security Iavttument immedletely beiu�e u�a iakiug,u��ic�ss Burrower and I.cndcr atherwise agree in wrlting. the sum.g secured by
<br /> - - this Saurity Instn�mrnt shall be teduced by the amount of Ihe proceeds multiplied hy ihe fnllnwing fractic►n: (a)the totai __ _
<br /> -----�--- amount of thc sum4 secured imme�iatcly bcfore the taking. divided by(b) the fair market vulue of the Propeny Immediately ---
<br /> befan the taking. Any bdenco shall be paid to �aROwer. In the event of a partial taking of the Property in which the feir
<br /> rnarket value of the Pro{►erly immediately before the taking i s less then the amount of the sums secured immediately before the
<br /> tating,unless Bom�wor and l.ender dhernlse agree in writi ng or unless applicable law otherwise provldea, the pri�eds slwll
<br /> - be appfled to the sums securod by thia Security In�tn�ment whether or nat the sums ore tl�en due.
<br /> ii It�e PrapeRy�is abandoned by Borrower,or if,after notice by Lender to Horrower that the condemnor offers to meke an
<br />.�`�;� awacd or settle a claim for damages. Borrower fails to respond to Lender within 3Q days after the date tha notice is given,
<br />;;;t� — Lendcr is authorized to co�lect and apply the proceeds,at i�s opiion.either to restoretion ar repair of the Property or to 1he sums -'-
<br />__;;:f,�r�;.si, secured by this Securiry Instrurnent,whether or not then due.
<br />`�;•. ;'"�`�st`;'-"'" Unless Lender and Borrower otherwise a ree in writin �n a lication of rceeeds to �incl I shnll not extend or
<br /> � ,��, . �,3�y B B� Y PP P P Pa
<br /> postpone the due dAte of the monthly payments referred to in paragrnphs I aad 2 or change thc amount af such paymen�g.
<br /> Il. Bomower Not Relessed;Forlx�rance By i.ender Not a Walver. Extension af the time for payment or modificatian
<br /> a of ernonization of the sums secured by this Security Instrument grante� by Lender to any successor in interest of Bonower shaQ
<br /> no:operate�o release the Iiebilily of the original Borrower or Borrower s successars in interest. Lender shall not be required to
<br /> commence proceadings against any succesxar in interest or refuse [a extend time for payment or otherwise modify amonization °
<br /> = of tfie sumr secured by this Security Instrument by reason of any demand made by the original Borrower or BaROwer's
<br /> ' successors in interest. Any forbei+rance by L.ender in exercie�ing any right ar remedy shall nat be a waive�af ar preclude Ihe
<br /> exerc�e of any right or remedy.
<br />-. i2. 8uccesso�a paii Aa�1�ns 8ou�ni;3ufui und Sereral I.irlrilitv; �u-�i�+�ra. Ti�r w�e�w+us a��d agr�i��nt� of this
<br /> Securiry Instrument shall binci and benefit the successars and asslgns of'Lender und Borrower, sub,ject to the provisianA of
<br /> parug�aph 17. Banower's covenuntx and agrecments shall be joint and sevcral. Any Borrowcr wha co-signs this Securily
<br /> r r�`: Instrument but daes nnt eaecure the Note: (A) is ca-signing thi�Security Instrument only to mortgage, grant and convey that
<br /> � Borrower's interest in Ihe PropeRy under the terms of this Security Instrumem; (b►is not personully oblignted to pny the sum.g `-"`
<br /> �x„r,;;?k t{ secured by this Security Instniment;nnd(c)agrees that Lxnder and any othcr Bnrmwer may agrce lo eatend,modify, forbear or °__
<br /> Si make any accommodations with regurd ta the terms of this Securi�y Instrument or�he N�xe wi�hout thut Bnrrower's consent.
<br /> �- '•• �' 13. Loan Clwrgec. If the lonn secured by this Security Instrument is subject to a luw which sets maximum loan charges,
<br /> .�, -
<br /> -;� and that law is finally interpreted so that the imercrt�ir ather loan charges collccted or to be collected in connection with the ��-=
<br /> � � la�n eaceed the permined limite,than, (a)uny such loan chUrge shall be reduced bS� the umount neceswry to reduce the churge °�
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<br /> '"" '�C%.'�•`�,,� � ea Ihe permitted limit;und Ib) any+um+ulrcudy rollected frc�m Bom�wer which exceeclecl pern�iueJ limitx will be refunded ro e�'=:
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<br /> �� . �.?�.1'��`� Borrower. Lender mny ctxx►�e 10 muke this refund by reJucinR the principal owc•ci under the Note or by muking u direct
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<br /> �� � �'' puyrnent to BoROwer. If u refund reduces principnl, thc roduction will bc tr�atcd as a panial prepuyment wittwut any --
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<br /> '�' ` • prcpayment charge undar the Note. `'``
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<br />, ;��--r.;. , ,y��Y• 14. NWices.Any notice to Borrowcr providcd fiir in�his 5ecurity lnstrumcnt shal l bc given by delivering it or by muiling �._,
<br /> ,x'�- ` ; '' it by first class mail unlcss applirublc luw rcyuire.use of anothcr mcthcxl. The nuticc tihall be directed to the Pruprrty Address M`°°-
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<br /> ���_;�:,';r.' � . or any othcr aJdresx &�rmwer dcsignate+ by notice to Lender. Any notire t�i l.rndcr xhull lx given by first clasx mail to �,,..
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<br /> ' . ' I.ender's udd�esc stateJ hercin or nny othcr address L.cndcr cicciFnutcs hy nutirr to Born�wcr. Any notice provided fnr in this -
<br /> � ''��'` Security Instrument shall be decm�Kl�o h•rve becn given to&�rrowcr or Lendcr when given•r,pr�wid�J in thi,poragraph. �;''i'
<br /> �` ' IS. Coverning law; S�verabiNty. Thi� Sccurity Instrument tihall be gm•rrneJ by frdcral Iaw and the luw nf the _.
<br />_- ��-:L��;;;��� juri.dinion in which �he Pn►perty is lixat�•d. In thc rven�Ih:�l any pruvision or rlau,c uf Uii. Seruri�y Instrument or thr Note =-___
<br />- •"'•= ° canflic�v wi�h applicabk luw. sueh mntlirt.hall nut uffrrt nther provi+iunti of thir Sccuriry In+trumem ur thc Nnte which rs►n t►e -__-
<br /> ..� 'h`�'�'�ii� '`"" given e(fect without the canllirting pro��i�i��n. 'fo thix rnd thc provisiom oP this S�tiurity Inarunknt and the Nae ure derls�red -�
<br /> �,.- �1�`�` .�: .,. " to l+e severable. -��:
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<br /> , ,:.;i.; . : 16. Borrower's Copy.Bimower shull he Fiven one conti�nncJ cur��of thc Notc anJ uf tlii,Srrurit��lnstrument. �F:�
<br /> F;;;i���i'� Form 3028 8�80 '� ,.
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