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1 %. �;� • - �� _ �r• - . .- ..--. _.-__-_,.-_ _ _ _ . -_-._ ____... .. - _ _- _ yi �93- so�e P�Y�"'rY�1�ia��Wirod.at the option of l.a�der.if moit�+�e inwanoe cx►ven�e(ia the�nou�t aad for tbe perial tb�t I.e�der reqttiro�)Provided bY an inwror�ppn�ved by Laidec�in beooma av�il�bk�nd b ab�Wued.Bo�owar�IwJI pY ',;,o�sttr�i'.�td w ta t�3r.t:ln uasi��b d�ict.ar ta pmvjda a la��nrva:wKil tbs naujnaoeix tot nuo�WMe iawranoe ad�ln�roord�noe with my wripa��roe�r�ent botwaa�Bomo'�ea'�nd�.ender or�pplicable law. !.la�p�dio�. I.axiet or its�ent nuy nuke re�omble axcia upon�nd in�pections of the Preperty. Iwnder�II�Ive Borrower ootice at the time of or prior w�n inr,pection�ecifyin�raiwnYble cause for the itupe��tian. 1�. CoMde�wtloN.Tho p+000afs of�ny award ar claim far da�ru�a, diroct or oorueaua�ti�l. in oonnectka w�lth any <�onde�r�tkm a•aher takin�of wy p�ut of the Pnuperty.or for oonveyana in lieu of oondemn�ticx�.an heKby+wi�ned�nd sluil be p�W to L,eM�r. In the event oi a:otal Wcing of the Prnpeny.the prucoodc sl�all be�PPliod to the wm�securod bY this Secu�ity lastrumait, whether or not tha�due,with any exoas paiQ w Barrower. In the evax of A putial t+�kin�of the Property in which the fdr muket v�lue uf tha PropeKy imrt�odiudy beforc the tatcing i:equal to or�rcater than thc arnount af the wm�soc�urod by thi� Sxurity instrumcnt irrunedi�tely beforc tha t�king.unlas Barrower+und l.ender othcrvvise agroe in writinQ.the wms cecurod by this Securi�y It�sttument sfwll be reduoed by thc amount of the procaods multlplied by the fullowie� fraction: (�) the toW amount of the sumc socurod immediately bcforc the taking,divided by(b)the fair muket value of the Property immediately befone the takin�. Aoy batanoe stwll be paid to Borrowar. In the cvene of a piutial uking uf the PropeRy in whicfi the Wr m�rket vatue of tho Propeny immodi�tely beforc the taking is less th�n the art�ount of the sums cxurod immediately befoce the taking,unlaa Borrower and Lender otherwice agroe in writing or unless applicabk law otherwi�e provides.the procoeds siwJl be�ppiiaE to the sums sa�ured by this Socurity lnsttument whether or not tho sums nne then due. If the Properry is abtMoned by Borrawer.or if.afcer notia by Lender to Borrower th�t thc ca�dcmnor ot�ers to m�lce�n awud or scttic a claim for dameges, Barrower fails to rcspa�d to Lender within 30 days aRer the date the notia is g[ven, l.ender is authorixed to rnlloct and apply the proceeds.at its option,eitlxr to restoratian or repair of the Property or w tix sums xcuned by this Security Inuniment,whether ar nat then due. Unless I.ender and Borrower othenvise agroe in writing, any application of proceeds ro principal stwll not extend or postpone the due date of the monthly ps►yments referced to in paragraphs I and 2 or change the anwunt of wch payments. Il.Borrower Not RRles�ed;Forbeara�ce By I.rnder Not x Watver.E?cten.sion of tix time for payment or modification of rmoni�tion of the sums securod by this Security Instrument granted by Lender to any successor in inurest of Borrower stwll not operate to rcleASe the liability of the original Bocrowcr or Borrower's successors in interest. Lendcr shall not be raquiral to eomtt�erice pracealings against any successor in intenest or refusc to cxtend time for payment or otherwise modify�monization of the sums secnrod by this Socuriry Instntment by reu�on of any demand made by the origit�l Borrower or Borrower's successors in intercst. Any farbearance by Lender in exercisins any right or remady shall not be a w�iver of or proclude the atmix uf eny right or s�:n!+�y. ' 12. Sua�escors�id AssiQnc Bound; Joiat and Several LiAbility; Co-slgners. Ti�e covenants and agreertxnts of this � Securiry Instrument shaU bind and benefit the wccessars and assigns of I.ender and Borrower, subject to the provisions of paragraph 17. Bornnwcr's mven�nts and agreements shall bc joint and sevcral. Any Borcower who co-signs tMis Sccurity Inurument but does not execute the Note: (a) is co-signing this Security Instrumeot only to martgage,grant and canvey that Barrower's interest in the Properh�under thc temis of this Security Instrument;(b)i�not personally obligatcd to pay the sums - secured by this Security Instn+ment:and(c>agrees thut l.endcr and any other Borrower may agrcc to extend.modify,forbrar or make any acoomnxidations a�ith regard to the terms of this Security Instrument or the Note without that Borrower's consent. 13. I.oun Ciwrges.lf the loan sccured by this Secutity Inctrument is xubject tu a law which sets mauimum loan charges. and thut law is finally interpreted tio that the interest or other loan charge�culloctod or to be collectod in connectian with the loan ezcead the permitted limits,then: (u):�ny such loan charge shatl bc rcducod by thc aRxwnt nc�rssary to redua the charge ro the permittcjd limit;and(b) uny sums already callected from Bormwer which exceMied pern�itted limits will be refunded ta Horrower. Lender may choose to make this refund by reducing the principal owod uncicr thc Note or by making a dimct payment to Borrower. If a refund reduces principal, the rcduction will be trcated u� a partial prepayment without any prc{►ayment charge under the N�te. 14.Nntices. Any txnicc to&xrowcr providcd for in this 5ccurity Instrumcnt shall bc given by dclivcring it or by mailing it by first clacs nwil unless�pplicable law mquires use of another method. The notire shall be directed to the Propeny Address or any cxher addre.e� Bormwer designates by noticc tu LenJer. Any notice to Lcndcr xhall lx given by first class mail ta Lendcr's address statcd hcrcin or any other addm�s Lrnder dcsignatc�by noticc to Born�wer. Any notice providcd for in thiF Security Instrument shall be decmcd to huve txxn given to Bocrowcr i�r l.ender when Fiven as providcd in this puagraph. IS. (',overning [.aw: 5evembNity. This Security lnstrumcnt .hull tx: go��crnai by fedcral law and the Iaw of the juriscliction ia which the Propeny ix lucated. In the evrnt that any pmvision or rlausc of thiti Seeurity Instrument or the Noto wnflictc with applicable law,such conflict shall not affect other provision�af thi�Security Instrument or the Note which can be - given effat without the conflicting pmvisinn. To this end the provision.ti of thi.r Sccurity Instnamcnt and thc:Ncxe su�e decla�d W be sever.►ble. I6.1{orrow�er's Copy.Borrowcr shull be given one conformGi copy of the Note and o!this Security In�trument. Fwm 3028 9l8tl� p�p�4 0l 6