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<br /> -� — payments m�y no lon�er be required,at tho option af Lcndcr,if nu�rtgage insurancc coverage(in the amount xr►d for the perlod
<br /> .- ttwt Lendcr requires)pravidcJ Ly an ir.Aurer approved by I.cnckr again becomes available and is ohtainod. Borrower�:t�ll pay
<br /> _— �- •-=--� cfic prcmiums rc�uired to mAintein mortgage insurance jn effect,or to providc a loss rcserve,until the requirement for mortQt�e _
<br /> insurance ends in xcordu�ce with any written agrcemrnt 6ctwecn Borcower and Lender or applicable law.
<br /> - 9.In�pecNon. l,ender or its agcnt may m�lce reasanablc emries upan and inspectians of the Property. I.ender stwll�lve
<br /> • ;.��,".�".�, Bonower notice at the time of ur prloc to an inspection specifying reasonable cause fur the inspection.
<br /> .� `�� ' '; 10.Condemtuttlon. The proceeds of any awurd or claim for damages, direct or conseguentinl, in connection with any —
<br /> -" �.� �.��� condemrwtion or ather teking of any p.ut oi the Property,or for conveyance in lieu of condemnation,are hereby assigne�wnd
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<br /> � ';;��t ';,�r:�..' shail bc paid to Lcndcr. �
<br /> , . �,;_�: . r. . In the event of a rotal taking of the Property,the proceeds shall be applied to the sums secured by this Securiry Ins[rument,
<br /> _ , , ��i•`�`.�;f� whcther or na then due, with any exce.�s paid to Barrower. In thc evcnt of u partial taking of the Property in whicb the fair
<br /> ����.���� market value af the Property immediutcly before thc tuking is equal ta or sreuter than the amaunt of the sums secumd by this
<br /> :t;�i.,�_ —
<br /> - �:�� •.:: Security Instrument immediately before the taki�g. unless Borrower and L.ender otherwise agree in writing.the sums secured by
<br /> --���� this Security Instrument shaU be reduced by the amount of the praceeds multiplied by tha following fractian: (a) the tatal
<br /> - ='�''�'-�6�' amount of thc sums secured immediately befora the taking, divided by (h) the fair mnrket value of the Propeny immediately _
<br /> �:;x,,.p,�°�;.; before the taking. Any balance shall be paid to BaROwer. In the event af a panial tuking of the Property in which the fair
<br /> � . �;:;;J'S`•� market value of the Property immediately beforc thc taking is less than the umount of the sums secured immediately before the
<br />- �':'.?�'-"�'`•x�` taking,unless Borzower and L.ender otherwise agree in writing or unless applicablc luw otherwise ptovides. the proceeds shall
<br /> -_ `' '� be applied to the sums secured by this Security I�strument whether or not the sums are then due. —
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<br />- t�,,�il,�.��,,� � If the Propeny�is ubandoned by Borrower.or if, after notice by l.ender ta Borrower that the condemnar offers to makc an =
<br /> - ,r !:'. ,.'..,�7^� award �r setde a claim for damages, Rorrower fails to re.apond to Lender within 30 days nfter the date the notice is given,
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<br /> '�:�:v,;•:::_;, I.ender is authorize,�i to collect and apply the proceeds.ut its optian,either to reswrutiun ur repair af the PropeRy or ro the sums -
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<br /> � �c"��w:s;;:a.�.'s���� sccured by this Security Instrument,whether or not then due.
<br /> ° � . Unless Lender and Bonower otherwise agree in writing, any application of praccxds to priixipal shall not extend or
<br /> ..,:,.< .,,,,�,,;.:.r.- :�'� po;cpone the due date of the monthly payments refened to in paragraphs I and 2 ar change the amount af such payments.
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<br /> �•.'`:;";;�..•,�, .�,� 11.Borrower Not ReleASed;Forbearance By Lender Not a Waiver.Extension ot'the timc far payment or modificution
<br /> . � ,j�.;,,' .�.;�,,;,;:� of amoni7atian of the sums secured by this Security Instrument�ranted by C.ender to any successor in interest of Bormwer shall
<br /> . � • , not operate to releasc thc liability of the originul Borrower or&�rrower's successars in interest. Lender shatl not be required to
<br /> ;a�;r;:;;, � ,�;� commence pracecdings against any successor in interest or refuse to extend time for payment or otherwise modify :unortization
<br /> :,�.r,�;,�.;_,-;.�� ... >" of the sums securod by this Security Instrument by rcason of :►ny demand made by the original Bor�ower or Borrower's
<br /> �� •• •w ; successors in interest. Any farbearance by L.ender in exerci�ing any right or remedy shall not be a walvor of or preclude the =
<br /> :�__:�,.:;�'�;. _�.�, ;. exercise of any right or cemeciy.
<br /> � - - � 12. Successors and Assigns Bound;Juini s►nd 5evrrri Liri�ii{ty; Co-sig�eis. Thc covcnams and agreements of this
<br /> ', _ 5ecurity Instrument shall bind anci benefit the surce.wrs •rnci atisigns af l.ender and Borrower, subjeet to the provisions ot
<br /> � parngraph 17. Borrower's covenants and agreemcntx tihall tx: juint and tiever•rl. Any Borrower who co-signs thi� Security
<br /> . � Instrument but does not execute the Note: (a) is co•signing this Security Imtrument only to mortgage, grant and convey that
<br /> , Borrower's interest in the Pruperty undcr tho terms of this Security Instrument; (b) is not penon�lly obliFated to pay thu sums
<br /> • �!• • '••`� secured by this Securiry Instrument:und(c)agree�that l.ender and any other Bor�ower may•rgree t��extend. maiity�,forix:ur or
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<br /> ' � make any s�ccommodation+with rcgarJ to the term�uf thi+Security lmtrument or thc Nute w�ithout th•rt Bocrower's cansent.
<br /> . .. ' ��.. 13.I.oan Chargec. If the lu•rn.crured by this Scrurity Instrumrnt i,Subject to a luw whirh sels mrximum loan charges,
<br />�;::t -R:.�-�...:..,•,w..,.��.� und ttwt law iti finally interpreted su that the intcm�t ur othcr loan chargeh collertcd or w be collectcci in connection with the
<br /> � '`� �• � loan excccd the permittcd limit�. thon: ta)any wrh lo�n rh•rrFe shall tx� reduced My tho:u�tount nece�wry tu reducc thc chargc
<br /> , ' ' ti�the permitted limit:und(h)any sum.ulrcady collccted from &irruwcr which cxrceded ponnitted limitx will bc rcfunded to �,
<br /> • '• Borrower. l.enelor may ch�wu ta make thi. refund h� rcducing the principa� ��weJ under the Notr or by making a direct --
<br /> , � �.y . .,�, ..t p3yment to Borruwcr. If a reCunJ rcduce� principal, thr reJuctian will bc trcutcd us a panial prepayment without any -
<br /> . ..+..'{, . ,., prepayment chargc under thc Notc.
<br /> ��"{ "� t' � � 14.Notic�.Any noticc to &rrrower pnx�idrd for in thi�Sc�urity In�trunknt tihall hc givcn by dclivcring it or by mailing
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<br /> • '' �''" �'r" � it by first cla+ti mail unletis•rpplirahle law reyuireti u�r i�f:�nothcr methixl. Thc nutice+hall tk directed to the Pn�orty Addretis
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<br /> � - • or any ather aJdre�� Burroa•cr Jc+ignatr, hy nuticc to Lrndrr. Any nutirc to Lcndcr �h�ll be givcn hy first clatis mail to -
<br /> . • , '"""""" •��,' I.enJer's:�JJrcs�,tal�xl hrrein or auy oll�cr:�ddre,.r LenJcr J�.ignate+by notire tu Borrowrr. An�•notice provided fur in this
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<br /> ., •.:..�, , 5ecurity Intitntmcnt�h•rll Ne dcemed to have heen�ivcn to&irr��wcr or l.endrr whcn gi���n u.proviJcd in this parugrrph.
<br />,_ -'� :• 1S.Govern(ng I.�w; Se��erability. Thi� Securitp In�trument .hall lx go�•cmrd hy li�cleral !aw atxi the law of the
<br /> — �` u:r=• • jurisdiction in which the F'r��pert��i.kxat��t. In the event that uny pnn•i�iun or claux uf thiti Scrurity In+trunxnt or thc Nute
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<br /> .��y_, . . ,,,; conflicts with applicable lau•,wrh runtlirt�hnll n�it aftect�riher provitiicm+uf thi.Security In�trwnrnt or the Ncxe whinc�an be
<br /> , �'�' given effect without the cnnf�icting provisiun. To thiti enJ the pruvi�iun,of thi�Serurity Imtrunknt anJ thc Note•rrc declared
<br /> �kr to be xver.�ble.
<br /> �"' `�`•:'r�'�',� � l6.Borrow•er's Copy.Borrowcr tihall tx giv�n utk runt'cirm�d rupy ot'thr Note und uf thi.Security In,trument.
<br />- t��� -- Form 3028 9180 --
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