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i/"_y � <br /> : •.ti'!. �i. <br /> � '. � r . ,:,� !, <br /> �.,* - y�`: <br /> . .. .. —. - .._... ��......,..�.�.�==�MI� <br /> - . ' � 93� �o�+s9� . <br /> P�Y��Y m�i���irod.�t tha aptba ut Lader.It�e inwnnoe ooven�e(W the�moum�nd tor�he parbd <br /> drit l�dader rcquire�)Providrd by im iawnx�pproved by Lender a�ain becoma avdlsble wl is obutaed. 8orroanx slull P�Y <br /> tho pnanium�nequtrod w m�int�ln mortya�a lnunuxx!n eftaat.ar to R�avide�loss naerve,untll the requiroe�ait tor a�oh/y� <br /> lawrmoe enda In�ccord�ncs with,�ny writta��reaaaN berween Horrow�l.a�der or y►plirable I�w. Lader duill sive <br /> 9.�urpedtoo.Latider or itc a�ent nwy m�ke r�uonRble entrie�u and inepectiaas of the PropaAy. <br /> Hon�nwa no�loo ac we�1me ot or prbc a�n•4n�P�i���Yi^�'�'O'�110 c�wue fo�ihe inspecclon. <br /> 10. Copdeiaw�tlon. 71�e prooeeda of�+ny award or cldm for dattwep�. diroct or oonsoquential, in oatnection wifh �ny <br /> co�demn�tion or ottkr Wcin�oP�ny ptut of,thv ihoperty.or for oonveyance in lieu of oondenn�tion.oro i�eroby+�iW�ed+wd <br /> �fwll bc paid w I.etdcr. <br /> ln the event of�toul Wcing of the P[opeKy,tha pracc�eds shwll be applied to tha cumr s�curod by�hia Socurity instnunent. <br /> whether or nat than�due,with any excesa paid w Bumower. ln the evcnt of A paNal tekin6 of the Pmperty in which thc f�ir <br /> muket vslue oE tbp ProParty imrtrodiately before the taking is equal to ot,grcatcr thon the amount of thc wrru cxurod by thia <br /> Socu�ty Instrumant,immadiataly befom the tnkin�.unlesa Bnrrower ond I.endar otherwise ogroe i�wddn�.the aume rocurod bY <br /> thia Security Inclrument shall bo roduood by the amaunt of tha pmcoods muldpliad by the following Prac:tion: (a) the total <br /> amaunt of the sums secumcl imm�diataly beforo the taking� dividod by(b)�he fuir mAdcat vdue af�he Property immediattJy <br /> 6efon�he wking. Any balance shall bo paid to Barmwor. In the evont of a paRial taking of tho Property in which the fur <br /> market valuo uf the Property immaNately bofons tha talcing is Iesa ttwn thc amaunt.of tha sums securrsd imme�istely before the <br /> taking,unless Borrower and Lendar otharwiae agnee in writing or unlsss applicable law otherwico pmvides.the prooeeci+slu�ll <br /> be applied to the sums securod by�this Secu�ity Inctrument wl�ether or not tha sums am thon duo. <br /> ;:y,�'y �� ,M� if the Property Is abanduned by Bormwer,ar if,aAar rmt�ca by l.ender to Rotrow4r thal the condemnar of�ers to�an <br /> ;,. <br /> . °i;'� '� award or settle a cieim fo�damages. Borrowcr fails to �cspond tq L.ender within 30 days after tha dete the aocioe is given. <br /> �'�.`��� l.ender is authoriae�to collect and opply the pnoce�ds,at ite optia�.�id�r to resloration or�ppir of tha Property or lo the wau <br /> .;� <br /> •�:; ' '�Fy�'hy�, secured by this Security Ins�mment,whether or not then due. <br /> ��a Unless Lender and Bamower atherwise ag�e in writing, anv Appiication of pr+000eda to pr�ncipal shall not extend or <br /> � �� �:-'� pi►s�ane the due datc of�he manthly paymenta refcrnd to in paragraphs i and 2 or change the amount of such payments. <br /> ''�'''` '� 1l.Borrowe�Not Reles�sedt Forbea�n�e By 1.ender Not A�Y�iver.Extensian oP the tima for payment or mo�diflcation <br /> of wnonization of ttie sums sacurod by thiA Security Instrornent grantect by l.ender to sny succossor.in�interest of Borrower shal6 <br /> not operate to release the linbiliry af the ariginai Bormwer or Borrower's succersors in intenect. I.endar shall not be requircd to <br /> ' ': � ,}�, '' �a -:• commence pracetdinga ugAinct any successor in interest or rafusc to extend time fur payment or otherwise modify artarli�stion <br /> -�� , '�`�# �".'•:���w�` of the sums sacured by chis 5acurity Instrument by �u.s�m of any damand made by the originel Borrower or Borrowcr's <br /> °:� � ' ��,'�:,�.�.'.,,�,��, successors in �ntere.ct. Any forbeamnce by lxnder in exercising any right or romedy shall�not be a waiver of or preclude th� <br /> ,�.�:.� " �- � exercitie of an��right or nmedy. <br /> '.� .e <br /> • � '-" 12. Successo�s and Assigns Buund:Joipt and Several Uobility; Casigne�s. The cavenanis and agreements of this <br /> �::.•. �"`�,,�;,;� - <br /> � .���;,�� ..+,;�-�:;:,..�;,• n . Security Instrument shall bind und benetit the success�tts and ussign� of Lendar and Aorrower. svbject to the provisions of <br /> �. r:` `` ' paraFraph 17. Barrower'� covenamR and agreememK shall be joint and several. Any Borrower who ro-signs t6is Security <br /> ''° ' ��"�.��'� lnrtrumen�but ddes not executa the N�►[�:(a) is casigning[his Security In�trumem on1� to mortgage. g�ant and convey ihat <br /> a� . ` � • BoROwer'�in[erest in the Pmperty unJar�he termx of this Security Instrument:(b)is not personally abligeted to pay the suma <br /> � ' secured By this Security Ins�rumenr,and�cl agrees thut L.ender urnl uny otlier Borrower may agree to eatend,modify,fo�bear or <br /> �.. . meke any uccomm�wlationx with regard to tlie term�of tbih Security Instrument or the No�e withoul that Borcower's�nsent. <br /> ' 13. I.oan ChprRes. If tha loan secur�d bp thir�Se�urenr Instrumcnt is subject to n law which sets maximum Inan charges, <br /> !� ' � and that law is finully interpreteJ ur �hut ehe imere+t or other laun charges collect�xl i�r to be colleeted in connection with the <br /> �� � loan exce��i the permitteJ limits, then: lal any �urh lonn churge shull be reduced by�he�uncwnt necessary ta reduce the charge <br /> 1,':'• ' � to the permitted limit: und Ib)any�um�a1m�1y collectMi from &�rru�ver which exce��ded permitted limits will be refunded to <br /> f• � ' •• „ Borrc�wer. I�nder may choni.�; li� make thiH refund by reducing the prinripal �iwv� under the Note or by making a direct <br /> • '���.'• pryment io &�rrower. If a rctund reduces priix-ipsl�, tha reduction will be treated as a ps+nial prepayment without any <br /> ,•..• . ,��.a�: . <br /> ' �'�� prepaymcm chArge under thc Nutc. �� <br /> 14. Notices.Any ni�UCC lo t3��rru�ver pruvid��i f��r in thi�;5ecurity inswmcnt.hull lx�given by dcliscring it or by mailing <br /> ' it hy first rlass muil unlc�+applirablc Inw require�eu�ut'an�r�hcr mcth�xi. Thc nu�ire .hull bc directcd to the Property Address <br /> or am• athcr uddre++ &�rrawer Jc+ignalr. hy no�i�e tu L.cixlcr. Any iH�tire ui Lender .hall t+e gi��en by first closs mail to <br /> � � S�;r:�� Lcadcr's addre+s +rrteJ hcrein or uiry othcr adJrc..l.cnder dc�ignu�es by nolice to Borrow�cr. Any �wticc provided for in Ihis <br /> � Security In.�runx:nt.hull ix Jcem��!tu huve tkrn�:iven a�&�rruwrr��r lxndcr whcn�iven u�praviJrd in this paragraph. <br /> � � �S, Covernin� I.ew; tieverybilitv. Tfii� Srcurity Imtrum�nl +hull Ix g��vcrn��t hy fi�deral law und thc (aw of the <br /> '. r.' . <br /> juri�Jiction in which thc Pru�xn� i+ Incated. In d�r r��rnt thal um• pruvi,ian ur rluu��a(Ihi, Serurity Imtrument or thc Nate <br /> . , , .,,,,n�<<,W��i,urr���uni�i:,u�. +unc�nnllir�,hrll nal aff.rt���hrr pro�i,iun>��t'thi.Scrurit�• In.trumrnt ar the Note w�hinc�un be <br /> Fivcn cffect withuut Ihc runllic�ing pr��vi�i��n. T��thi.cnd the pravi.iom ol'�hi. 5rcurin Inti�rumcnt and thc Note ure declared '; <br /> .,. <br /> �• , � to t►c�c�•crahlc. `�';; <br /> ' :� � ' 16. �urroa•er'�Cop��.ti��rruw•rr.hull bc�i�rn�►�k r�mli�rmrJ cup� ul thc I�iut�a�xl uf thi.Scruriq In�trumcnt. `,;� <br /> � � farm 3018 9/80 <br /> � P.�N.•4���b <br /> . . � <br /> . ty: <br /> N, <br /> ' 1 .. . . . .... sY�+(. 4l�.�,�.v{.>at�..lt+•kd���k"�� <br /> +M�4��., <br /> . ,. <br /> �— -- --- <br /> .. .�:::r=:--- - . ---_:—.- ,.--_.- .-.-- -_--_. <br /> -�- �_- --- - -�-- - <br /> � . ' <br /> , ` • • <br /> � � . �. <br /> � � <br /> �• • <br /> � F� ,� <br /> � . .. • . <br /> '• : . , � <br /> � <br /> � <br /> � <br /> • ti <br />