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<br /> � . „ . „ . <� . . �
<br /> � p.y��.y�w�r���a.�c���r�.;�����rm��e�a��rna�a .
<br /> a�t r.enaa�nquira�ge�ov�de�br,�n i�uner�p�ved by I.eoda y.iu beoomes�v,i1�61e ma ia a6�iaOa.Ba�m+var�h.0 r� .
<br /> , � tiie p�d�seqaired td m�i�p�ia mortEa�e insnraode�a effect,or to pmvide�a to,sc ddia v�unt�tt�r�qairameat fcr miq�t f,�e
<br /> , imuranoe eads io a000rd�roe writ6�ay�vriud�sgreemait betwedt Hors+nwer amd t�eoder or�pptiaDk taw.` � ' . � `
<br /> !.I�eetk�.Laoder or Its agen�ao�y m�lce reasonAbit eatries upoa ud impaxions of the Pmpe�ty.;I.mder si�ll give
<br /> Botrorvet iwticae at the Qime,of or prior to�n iacpectton s(xcifytng na5ombt�cause for t6e ipspectiot�. � .
<br /> . � 1�:C.alda�lb�.The proceods of ury awatd or ctaim for da�gGS.dirxt or coaseque�tial.in oonnection with aipy ,
<br /> ' 000danmtioa or aha talring of�ay part of the Pfoperty.oi for_ooaveyu�oa in tieu of condem�tion,ate he�+e6y assigaed aad �
<br /> ahali iie paid to l.etjder. ' ' , .
<br /> • ta tije evtnt of a tahl t�king of the Pcuperty.tHe pm000ds s8a11 be appliod to thc sams savrod 6y t2�s Socurity Insdumesu,
<br /> --, - wTiether or eot thea due, witli a�iy�xoess paid to Bormwer. In tTa eveat of a partizi talnng of tise Pmpecty in wbid�the fair
<br /> �marJcdt value of the Propeny imme�taIy before tl�e talcing is eqnal w or greatv than tbe amount of the sums sxured by this
<br /> St�udtY Iushu�aeat immedi�ly before tix taldng.unless Borrower and Lender otherwise agrx in writing,the sums secured by
<br /> _ t6is SeNriry I�u�nent sfnll be nduced by dx aa�ow�t of tbe pc�oeeds multiplied by tLe foltov�ing fraction: (a)t�e wmt
<br /> amunt of tl�smnt secnred inurtediately Lefot�e ftfe tairing, dividod by(b)tbe fair.madcet valuc of ibe Ptepe�ty immodi�tely
<br /> befort thc ta�cing.My balance sbaU be pcud to Rorruwer. In tbe event of a partial tating of ti�e Pivperty in which We fair
<br /> marlca vatue of thc Ptq�e�ty immediateiy 6�fon the tafting is less thaa the arnount of the sua�s secured anasediately beface the
<br /> taTciag,nntess Bomnwer and Leader,otbeiwise agcea in writing oi�unless applicable law otherwise pnovides.the prac+oods sbal! '
<br /> be applied w the auns secured 6y ttus Sccuriry Instnm�ent whether or not tl�e sums are�dae.
<br /> If the Pivpaty�is sb�ndaned by Bornower,or if,after notior by Lender to Borrow�i that the condemnor offess w m�lce�an ` :
<br /> award or seule a claim for d�ges,Borrower faits ta r�popd to I.endcr within 30 days after tl�e date th�notia is given... ;
<br /> � I.tMer is authaziud w cnllect aod apply tLe pinceeds,at its option,eitha to neswiation or tr{�air of the Prape�ty or w the sams .
<br /> �secured by t8is Security Iastrument.whether or aot thw due. . -
<br /> Untess IeMtr'aod Borrower othecwise agox in writing. any applicatton of prooeeds to principal sl�a[1 aot extend or
<br /> postpone tGe due date of the momhlY paymaus refernd w in pa�agraphs 1 and 2 or ct�ange the amount 4f such payma�ts. .
<br /> Il.Borrowa Not Rdaiaed;For6ar�noe By Len�kr Not a Waiver.Bxtension of the time fc�gaymmt or`modifcation �
<br /> of atnnrtitation of the suins secuned by this Securlty Insuument g�antod by Lender to any suocessor ms�uest.of Borrower shall ,
<br /> not operate to nelease the liability of the orig3nal Borrower or Bomower's successors in inurest.L.eir.��p��.requiced to, , -
<br /> , oommenx procadirtgs against any sumes.4or in imerest or refuse to e�ctend time for paymem or o��ix�dn��.�ortization n.��;-
<br /> of the sams� �.----
<br /> sQcuted by this Savrity Insuument•by reason of any demand made by the origiml �a�,.mc:�orrower's -= ___
<br /> � sacaes.sors in intenest.My focbr�tance by Lender in execeising any aght or remedy shall rtot be a�aiver oP or preclude t�e � ��µ____
<br /> eaercise of ri t or remed • • �"=-'�_--
<br /> �Y $h Y•.._... �t a___�.
<br /> ' �l2.5aoce�ors And A� Bomd;]oint and Several LiabWt9, Co-sigae�s. The covena..^�and agr�emertts vf this ``'```:_.—�"`�-
<br /> Security Iiutitrment shatl bi���be�t the successors and assigns of Lender aad Bornower;s�bjed to the provisions of ° __
<br /> paragraph 17. Borruwer's ca�:ai�*.s and agreemeats shall 6e joint and several. Any Borro�ee��o co-signs this Security �.`��'=?�.
<br /> S� 8 �Y �Y �� S�t and convey that `'--"�`—"`
<br /> Instrument but does not exeer��Note:(al u�-si n this Securi Inst:ument o to mo� , x---�_:
<br /> Borrower's interest in the Praperty under[he tern�of this Security Instrument:(bj is not personalty obligatcd to pay the sums 's�'"'':
<br /> �.r�
<br /> aecured this Securi Instrument:and(c)agr�es that L.ender and an other Borrower ma a ee to extend.modi forbear or �,r;:.',`= ,�
<br /> bS' �Y Y Y 8r gY. ' �r;�r •�,,..�.�
<br /> make a�y accomrtiodations with regard to the terms of this Security Instrument or the Note without that Borrower's rnr�sent. t'�''�`1�:�,_-�-
<br /> "4;..1�:
<br /> �3.Loau Cha�ges. If the loan secured by this Securiry tnstn►meat is subject to a law which sets maximum toan charges, l>`: '!�-`
<br /> and that law is finall �nte seted so that the iaterest or other loan chaz s coilected or to be callected in rnnnection with the i�. : ��'�"•�� .� �
<br /> Y� rP Se Sr:.
<br /> , loan exc.eed the permitted limits,then: (a)any such loan charge shafl be reduced by the amount necessary to reduce the charge �' '"r�
<br /> to the pemvued limit;and(b)any sums atready coltected fram BaROwer which exceeded permitted limits will be refunded to � s..�
<br /> Borrower. Lender may choose to make this refund by reducing the principal awed under the Note or by making a direct � '.,.: • ;�
<br /> payment to Borrower. If a refund reduces principal. the reduction will be treAted as a partial prepayment without any ! .� �.;;
<br /> Prepayment charge under the Note. f.. :`' . �,!.
<br /> 14.Notices.Any notice to Borrower provided far in this Securiry tnstrument shall be given 6y delivering it or by mailing �_.:. :. � . �
<br /> � , it by first ctass mail untess applicable�aw rec�u::,-es use of another methad.The aotice shall be directed to the Property Address � . •
<br /> or��other address Borrower designates by :�otice to Lender. Any notice to l.ender shall be given by first class mail to r . � - ,`�
<br /> l,e�er s address stated herein or any other address b,eader•designates by notice to Borrawer. Any tiatice provided for in this f �);�";.��'=,��:',
<br /> instrument shall be deemed to have been��+•�uJ-�,�.rower ar Lendcr when wen ac rovided in this h �� •''�''.��`` � �
<br /> ' �{Y g P P�B�P • Y14�;,,,,.�, .
<br /> 15.Govertii� Law; Sevt�abllity. This, $e�;.:�r,ty Instrumcnt shal! be gavcmed by fcdera! law and the law of the E �-, rt..l -'
<br /> jurisdiction in wtiic8 the Property is located.T'r�the event that any provision or clause of this Sccurity Instmment or the Note C '�:�•`. �
<br /> oontlicts with licable law.such conAict sha11 not affect other rovisians of this Securi Instrument or the Note which can be ' �'t�•"'� �
<br /> aPP P tY t 4,,. •. ;�.
<br /> �ur�effect without tha conflictin rovision.To this end thc rovisions of this Securicy instrument and the Note are deciarod ? �11`�'�""
<br /> � 8 P P . > i: ':�•. -
<br /> tviaesevtrable. �..;;':'!"`�,,: - -
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<br /> � 16.Borrower's Copy.Borrower shall be given one conformed rnpy of the Nate arni of this Sec�riEp lnstrument. { � ,_ .
<br /> Faen 3028 s/90 j . •
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