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<br /> p�ymoM�m�y ta tonQer be raquirod.u the optian of Lender�if mort�aYe inwnu�oe oovera��(i the�m unt i or the period
<br /> ttut Leider require�)provldod by an inwrc�approved by I�der a��in becomes�.v�il�ble and ia obuinod. Ebrrowu�11 paY
<br /> the praniunu required to msintain moct�e inwranoe in effoct.or to provlde�losY reserve,until the roquircmaU for mat�e
<br /> inwranoe ends in aocoManoe with uty written�roement betweee Horrower and I.ender or applic�le I�w.
<br /> !. Ia�pectioe.I.er�der or its a�ent rruy m�ke reawn�ble entdcx upon ard inapections of the Property.Lader dull�ive
<br /> Borrower natia�t the time of or prlor to nn lnspecdan speciPyin�reasonable cause for the impection.
<br /> 10. Cond�mwtlon.The procooda of wny sward or claim for dtrnaYes.direct or conseyue�ti�l. in connoction with�ny
<br /> comiemnation or other takin�of Any part of the Prnperty.or for conveyance in Ileu uf rnndemnation, are heneby assignod nrid
<br /> � �----_-=-� �tWl bc p�id to Lender. -
<br /> In the event of�t tot�l taking oE thc Propeny,the prooeeda shall bc appliod to the curns securai by this Socudty Instrument,
<br /> whether or not thcn duc,with uny excess paid to Borrower. !n the event of a partiAl taking of the Property in which the fair
<br /> market value of thc Property immediately before the taking is equnl to ar greatcr thut the arnount of thc�ums cecured by this
<br /> Securiry Instrumcnt immodiately 6eforc the taking. unless Borrower aM I.endcr otherwisc agra in writin�,the sums saured by
<br /> thic Security Instrument shall be reducod by the amount of the procoeds multiplied by the following fraction: (u) the total
<br /> - '-°"`— atnount of the surtu secure�immediately before the tuking,dlvlded by (b)the fair market value of the Property immediatcty
<br /> bcfore the taking. Any balance shall be paid to Borrawcr. In thc event af a partial taking of the Property in which the fair
<br /> market value of the P�operty immediately before the taking is Irss than the amount of thc st►ms suured immodiately beforc the
<br /> taking,unless Bonower and Lender otherwlse ugrcx in wrhing ar unless applicable law otherwise provides,the procceds ahal!
<br /> be appliod to the sums secured by this Secudty Inst►ument whether or not the sums are then due.
<br /> - If the Property is ab�ndoned by Borrower,ar if.after notice by Lendcr to Borrower that the condemnor offcrs to make an
<br />.. ' award or scttic a claim for damages, Bonowcr fails to respond to Ixnder within 30 days after tha datc the noticc is given,
<br /> Lender is nuthorired to callect and apply thc proceeds,at its option.either to restoration or rcpair of the Property or to the sums
<br /> - � secured by this Securlty U�strument, whether�r not then due.
<br /> .�"''`'•``';�""�"'"{? Unless Lender and Borrawer othenvise agree in writing, any npplicatian af praceeds to principal shatt not extend or -
<br /> [p,;:�•.::t•�,k .:;:-;. _
<br /> postpone the due date af the monthly payments referred to in paragraphs I and 2 or change the amount of such payments.
<br /> ,,�'���;ti,"�'�(a :;� 'r� j 11.Borrower Not Released;Forbearance By I.ender Not A Waiver.Extension of thc time far pnyment or mculification
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<br /> r��;��{,�. af amanixatian of che sums secured by this Security Instrument granted by Lender to uny successor in intere�t of Barrower shaU
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<br /> r {��i''���;;:��"}.•..�� not operate to relcase the liubility of the original Borrowcr or Bonower's successors in interest.L.ender shall not be required to
<br /> �'��`'"''�'f''�'�`�"'"'��� commenee raceedin c a ainst an successor in in►erest or refuse to extend time for a ment or othervvise modif amortizntion
<br /> ak'i�;.�'�•;�;a:,•..t'.,� P b', S Y• p Y Y
<br /> , w;":���.�r.' of the sums secured by this 5ecurity In�trument by rcason of any demand made by the origltwl Borrawer or Aorrower's
<br /> �'.r..•'.,r:'.?.?�. ��` successors in interest. Any forbParance hy L.ender in exercising any right or remedy shall not be a waiver af ar preclude the
<br /> ��'�',�;;,,,,�;•„��� exercise of nny right or rcmedy. �
<br /> � "-`"`:"°�'�� •': `' 12. Succes.wrs And Ascignc liaund: Joint �nd Severr�l I.iabil(ty; C�iRnerc. Thc rcwcnants und agrcement� of this
<br /> ' • Saurity Instrumcnt shall hind a►Ki lxnrtit thc �urresu�n und u�stgns of l.crxlcr wid B��rrowcr, subjcct tu thc provixions of
<br /> , ,.�.. ;��r:.���� .' pvrugraph 17. Borrowcr'� ciwcnuntr unJ ugrecmcnt. shull t►c joint und .cvcral. Any &�raiwcr whu co•signs thix Sccu�ity
<br />� „ ° , histrun�c:it but J�x�rnit rxrcutr tlic Ni�tr: lu1 i�c��-�ignin�! thi�Srrurity Intitrumcnt only tu nwngugc. grunt niuf convcy that
<br /> �•� l3�ir�uwer'�interc�t in Ux:Pru�krty ui�Jrr d�r urm�ul'thi.Seeurity Inxtrunxnt:Ibl i+nut �rwmully��ligut�til tu p•ry the�um�
<br /> �;�.�,�„r„;s;; +xtur�xl hy thi.krurity Intitrunxnt: uixl�r�u�rce�ihat Lcndcr auxi:my u�licr fi�,rruw•rr may a�rrc ta r+ctc�ul.nuKiify.forFxar or
<br /> . . ' . nwke uny surumuu+dutiuo�with repuru t��ihe term�uT thi�tierurity In.►rwucot�rr thr Nutr aithuut th•rt E3�►rrowrr's rnnuent.
<br /> • . .. IJ. !�►wn Ch�t���:.11'Q�e I�l;tll Kl'LLftYI I1�'Illlti Sl'iUllly Itl�llptlll'tll U�Ult�l'l'1 l�l U TAN'Wllil'Il kl� �11:IXID1UIll IOJO CIIi1Pbl'S,
<br /> r�n. "�"'._%.M�`-'t'°•'� u�xf thut luw i�tinully intc�prctcJ ui ihut thr imrrc�t ar uthrr 1�►an rhu�gc.roUectcd ur t��ix rollectcJ in cunn�titiun with the
<br /> .� �';`��-�r:• ' . luan exc�wJ tl�c permiucd limit�.ihcn: tul any such luan rhar�c tihull tk rcdurrd My tBc amuunt nrcc��ary ta reducc thc churgc
<br /> � .4 "' ' , tu thc perniittcd limit: u�xl Ibl uny wm�ulrcacfy cullcrtcd fram l3urruwrr whinc�xrrcdrJ permittcd limitx will lx� refundcd to
<br /> - �." , Borrowcr. Lcndcr nu►y ch�w�r to makr thiti rcl'und by rrJucing thc prinripal uwcd unJcr thc Natc or by making a dircct
<br /> , � . ,�. - p:�ymcnt to &�rrowcr. II' u rciuixl rcduccs principal, thc rcductiun wili br trc�tcd a, ta puniul prcpaymcnt withcwt any
<br /> •y ��-�• ,, - prepuymcnt charge unJcr thc N��tc.
<br />- ,w•ic�: •� • - 14.Notices. Any naticc!u Borrowcr provided fnr in thiti Scrurity Instrument �hall!x givcn by dclivering it or by mailing -
<br /> .{��y a =�-��-• it by fint class muil unlexti upplicablc law reyuires ux��f unuther methcxi.The nutice.hall Ix diruted tc�the Propeny Address
<br /> '•.,'.r�. or any othcr adJress &�rrowcr dcsiEnatc� by nuticc to I.cnJrr. Any notirr t�i Lendcr tihall bc givcn by tirst clutix muil to
<br /> � +; � x : Lender'x address xtutcd hcrcin or uny othcr udJretis Lcndcr dr.ignutc.by nutire t��Borrawcr. Any no+icc provideci for in this
<br />_ - ,` �.._}• Security Instrumcnt shali bc dcemMl to have bcen givcn tu Barznwer ar IAnder whcn givcn a,providc�l in this par�graph.
<br /> � �••_ •. _ 15.Covernin� I.aw: Severability. This Sccurity Instrumcnt shull bc govrrnal by fidrral luw anJ the law of the
<br /> '�. �, jurisdlctiun in which the Pre�pc:rty is Ickat��d. In the evrnt that any pruvision or rlau,c at'this Security Instrument or the Notc
<br /> ,��' t��- conflicts with upplicublc luw,such conflirt tih:�ll nc�t•rt'frrt�ithcr pruvitiion,uC thi.Sccurity Instrumrnt ur tBc Notc whinc�an bc
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<br /> • � Siven effect without the conflicting provixian. To this enci the provisiun.ol'thi.Scruriry Instrunnut und thc Nnte•rre declared
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<br /> �,:,y,; ,;•„;c:...: . to be scvcrablc.
<br /> =' � •.:;-� .• 16.Borcower's Copy.Borrowcr shall bc givcn unr ronl'i�rntcJ rupy�if thc N��t�and uf thix Sccurity In,trumrnt.
<br /> �, ��:.' Form 3028 9/90
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