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<br /> p�Yment�rn�y ro lon�u ba requfrod��t the�ption oP Lader. it nnortQ�Qe inwranoe wvora�o n the anouot ux!for the palod
<br /> th�t L�der requirc�)Pmvided by en(nwner Mpproved by Lender a�ain b000mes�vafl�blc�nd 1s abtained. Bc�rrowu�hall P�Y
<br /> the praNums requirod to m�inWn mcut�e lnsuarroe in ef�ect,or to provkb a low rekrvo,urNll the roquiromeot tot aor��
<br /> inwranoe ads in�xa�noe with any wdtten��roement between BorroMCr md I.a�der ar appl icable law.
<br /> !. lirp�ctio�. Lender or ia�ent m�y m�ke raron�ble crarks upon ud inMe�yiom of the Prnp�aty.L,a�dar�luq�ive�
<br />_._ Horrowec iwtia W tho timo oP w prior co�n inape��tion�pxifyin�reasonoble cause Por Ihe in�cdon.
<br /> 10. CaKlemnHloa. The pracoeda of�ny�wan! or claim far drutw�a, dirort or cot►�oqucntiul, in ronnectian wl�h�ny
<br /> cx�ndemnatlan or a�her u�kln�of s��y parl of Uio Property.or for oonvey�noe ln lieu of oo�unnMion.art hereby �stl�nad w�d '
<br /> -. ��- stwll be paid to Lender.
<br /> In the evrnt of�tota!tdcio�of the Propeny,lhe proceodi�hall bo appliad to tho wms Kcur+ed by thi:Secudty Imtrument,
<br /> whether ur nrn then due. with any excesc ppl�i to Borrower. In the event of o parti�l takio�of the PropeRy in which the falr
<br /> market value af tho PropeAy immodiately beforo the taking is oqua!to ar greatcr than the�unaunl of Ihe rums 6ocurod by thi� '
<br /> Secudty Instrumem immodiataly baforo the telcing,unlcss Bornower an�!l.ender othenviso agroe in wridng.the sums securod by
<br /> ---- - tt�ia Security InstrumeM ahnll he reruu�l hy �he anw►u,u of the prooeedc awltlplied by tbc following f�ction: (a)the Wt�l
<br /> - amount of the aums securod immodiately t+eforc tha taking. divided by(b)�he falr muket valuc of the P��erry im��rodimely
<br /> beforo the taking. A�y balance shall ba paid to Borrower. In the event of a partial taking of the Property in which the fair
<br /> markct v�lue of tho Pmpecty immodiately bofore the teking is las than U�e amount of the sum.g secureJ Immodiately 6eforo the
<br /> tAking,ualess Boirower and Lender othervvisc agrce in writing or unless upplicable law otherwise pravldes.the proo�oda eh�ll
<br /> be applied to the sums secured by this Securi�y lnstrument whether or not the sumg are then due.
<br /> If the Properiy Is abandaned by Borrower.or if,atter notice by l.ender to Horrower thw the rnndemnor offers to nmlce an
<br /> ewa�+d or s�tle a claim for damages, Borrower fuils to respond to i.ender within 30 days afier the datc the notice is given,
<br /> --- Lender is authotiud to rnlloct vnJ apply�he pnx�eticls,at i�s uptian.eillnr to rc�turwtian ur repai�of the Property or w d�wmc
<br /> -'� secured by thia Security Instrument,whether or not then due.
<br /> Unless Lender and Borrower othenvise agree in writing, any application oP procecds to principal sl�all not extend or
<br />_ postpone the due date of the monthly payments refernd to in paragraphs I and 2 or change the amaunt of such pxymenls.
<br /> 11.Borrower Not Rekn�ed; Rorbearnnre By Lender Not s�Waiven Exten�ian of the time for paymcnt or madifirntion
<br /> � af amortizAtion of the sums secured by this Socurity Instrument granted by I.ender to any suaessor in interest of Borrower shall
<br /> not operate to release the liability af the originul Borrower or Borrower's successors in interest. Lender shall nat be requircd to
<br />=.:,�«„��;a,i;• commence proceedings against any successor in interest or refuse to extend time for paymenl or othenvise modify �unoniza►fon
<br /> -- •,� `�"� of'the sums secured by tbis Secudty Instrument by reuson of any demend made by the original Borrower or Borcower's
<br /> auccessors in interest. Any forhearance by L.ender in exercising any right or remody shall a�t be a waiver of or pralude the
<br />;�;; exercise of any right orFemedy.
<br /> 'r;'_—
<br /> :_ ---- = 1Z. �ucoessors a�i�i arsi� Soa�d; ,krini and �ecers! Llalsiltiy; Cu-sl�acrs. Tl�c c�vcnassts�d agre�m�ts nf th:s
<br /> � Security Instrument shall bind und benefit the successors and assigns of Lender and Horrower, sub}ect to the provisions of
<br /> j � `"�" ara rn h 17. Borrower'� covenunts and a rcemenls shall l� 'oint and several. An Bc�rrawer who co-si ns this Securit
<br /> _ .r ,�,�;�''� •�'t� P � P 8 J Y S Y
<br /> Instrument but does nat eaecute the Note: (a) is ea-signing this Securlty Instniment only to rnortgage, grant and convey that
<br /> `�"� ti:�'��' Barrower's interest in the Propeny under the terms of this Securi[y Instrument; (b)is not personally obligated to pay the sums
<br /> . ' .:17�n1 h'w:..�;,�
<br /> °�:�:'<,�.��; secured by thia Security Instrument;and(c)agrees thut l.ender ond t�ny other Borrower may aaree to extend,modify,forbear or
<br /> `��-'�'� make any accommodAtinns with regard to the terms of this Securiry Insuument or the Note without that Borrower's consent.
<br /> . `�""'`' 1 13. I.oan Cha �. If the loan secured b �his Securit Instrument is sub ect to n law which sets mttaimum loan char es,
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<br /> und thet law is finally interpreted so that the imerest or other losu�churges collected or�o be collected in connection with the
<br /> �"r,;�•+�.f:,�. loan ezceed the permiued limits,then: (a1 uny such luun churge shull be reduceJ by �he amount necessary to reduce�he eFiatge
<br /> y ��„8.��.... , to the permitted limit;nnd(b) any sums alr�eady collected from Borrower which exceeded perrnitted limits will be refunded to
<br /> f;r.
<br /> �tnt,�,�. ;��. Borrawer. l.ender may chanse to make this reiund by rulucing the principal owed under the Note or by making A direct
<br /> �"''���'�`� payment to Borrower. lf a refund reduces principal, the reductinn will be trecited as a partinl prepayment wi�hout any _
<br /> �.�. ��. � -
<br /> ��� prepayment charge under the Nae. "
<br /> ,. ;��}° ' ;'"�dM.,S'. 14.NoNces.Any notice to Borcower provided for in this Security Instrument shall t+e given by delivering it or by malling
<br /> �• " '"''';'�'` :' it by firvt class mnit unle�s applicable luw requires use of nnother methad. The notice vhall be directed to the Property Address
<br /> �_ .:
<br /> ;' � „,�,, ; or any nther address &irrawer designAtes by notice to l.endcr. Any notice to Ixnder �hall be given by first class mail to
<br /> �•�• ✓ Lender's uddress uated herein or Any other address l.ender designates b�� notice to Borrower. Any notice provided far in this
<br />__ __ __.,�,��._�. � ' Securiry Instrument shall be dt;emed to have been given to Borrower or Lendcr when given•rs prnvided in this paragraph.
<br /> ,
<br /> ��� �• 15.Governing I.aw•; 5e��erability. This Security Instrument shnll he govcrned by fcdcrul law und Ihe law of the
<br /> � y �;;�=, , ,'.�, jurisdiction in which the Proper►y is locuted, In the event that any provi�ion or cluusc of this Security Instrument or the Note
<br /> �1��• . .,, , conflicts with upplicablc luw,such confl ic�shull not ul'fect other provisions�if this Securily Inst rument or the Nute wHich can be
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<br /> ;tirt;;:� e!t��" ° �iven effect without the conflirting provision. To thi�enJ the provisionx of this Securi�y Inurument and the Note ztmdeelared
<br /> '�!, ° to be severable.
<br /> �,:;'•� ;� „ 16.Borrower's Copy.Homower shull he given onc confornied copy of the Nnte ami of�hi+Security Instrumcnt.
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<br /> , Fam 3028 8190
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