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''.�'�.. <br /> �-- - - -�-' 8,4:� i0i296 - -- - � <br /> p�yma�te rnry no lonsa be roqulred,at the optlon of L.endor.if raort�e insu�oovcr�e(ln the+�rt�ount+ud for the periad <br /> th�t l,e�der roquiros)provided by�n inwrec�ppruved by Leader��in ba�a�n�ea avdl+ible ond i�obtilmd. Borrower dwll p�Y <br /> the p�xmiunu raquired ta m�intaln monea�e irouru�co in otfect.ur w provide�Iws raerve.until the requlremait fot�aor'.�e <br /> inau�noe enda in�adai�with any writtee qraertia�t betwrra�Borrower rnd I.eoder or�pplicsble law. <br /> !.Iwp�etioN. Lettder or Ils�att may m�Ce reawiuble enida upon ard inspoctiom of the FropeKy. i,a�der aul��1ve <br /> Ho�rower nwioe�t Ih��ime af ar prior to an impa.tiion specifyin�{reas«wble cawe for the inapectian. <br /> 10. Coodaawlbp. The pnwoed�of any awud �r claim for d�rtu��ei. dircct or cunsequenti�l, in connoction with any <br /> oondenuytion or dher takln�ot any part of tho PropeRy.or for oonveyanx in lieu of oondann�tiao.u�e hereby awi�ned and <br /> ----�-9 shali be paid ro Let�det. -r <br /> (n tha eveot ot a totat takin�af tlx Propetty,the procoodc:tull be applfod to the sums�ncurod by this Socudty Ins�tnunent, <br /> whethe�or not then due. with rny oxcess prid to Borrower. !n the event af a p�utid taking of the Propeny in which the fair <br /> muket v�lue uf the Pmperty immediately beforc thc txking is oqual to or�rcxter than the arriount uf thc suma cccurod'oy thi� <br /> Sav+dty Instrument inunadintely beforo the taking.unless Bc�rmwer and Lender athcnvlse Agrae in writin�,the wms secured by <br /> this Security instru�nent slwil be reducod by the :unnunt of the prnceods multiplied by the following frxction: (a) the towl <br /> arnount of the sums secural immediately t+eforc thc taking, dividod by(b)the fair markrt valuc of thc Property immediatcly <br /> befo�+e the taking. Any balance shall bc prid to Borrower. In the event of a partial taking of thc E�roperry in which the fair <br /> markct value of the Propetty immodiately before thc taking is less than the anwunt af the sums socurcd immodiuely beforc the <br /> taking, unless Barmwer aa�d L.ender othcrwise agree in writing or unlcss applicable law wherwise provides.the pra�oeds shall <br /> be�ppliod ta the suRSS secured by this Security Instrument whether or nnt the sums:ue then due. <br /> If the Property is abandanal by Borrower,or if,aftcr notice by l.endcr to Borrower that thc condcmnor offers to make an <br /> -• award or setNe a claim for damages. Borrower fails to responci to Lender within 30 days after thc date the natia is given, <br /> i.ender is authorizcd to colicxt wKl apply tl��pr�x:ecxls,at its optian,either to restoration or repair of thc I'raperty�r ro the suma <br /> ` .� � securcd by chis Security imtrument,whethcr or aot then due. <br /> q Unless Lender �nd Borrower atherwix ugrce in writing. any applicatian of pmceeds to principal shull nw extend or <br /> ' '' poupone the due date of the monthly payments refcncd to in paragrAph� I and 2 or change the amount uf tiuch Ewyments. <br /> ''r' � 11.Borruwe�Not Released;Forbearance By Lender Not a Waiver. Extension of the time for payment or modific�tion <br /> Ar?. .r.�-,� ;w�� . <br /> • * '_�� ' of umortization of the sums secured by this Security Instrument granted by Lender ta any successc�r in interr�t of&�rrower shall —__ <br /> ����;,�.,+. ; <br /> •-r::_ � .. ,,-. not operate to release thc liubiliry of the original Borrower or Borrowcr's succcssors in interest. Lender shall ncx be required to � <br /> :�'�.'��?•>;; <br /> , _y: . �� commence proceodings against uny succesxir in interest or refuse to extend time for paymcnt or ntherwise modify :unotti•ration <br /> �� � �:'„�` ��� „ of the sums secured by this Sccurity [nstrument by reaum of any demand m�cie by thc origi��al Borcowcr or Borrower's <br /> - ��.:.` '::.�;�,. .. <br /> ' `��� �`' successors in interest.An forbearance b I.ender in exercisin an ri ht or remed �hall not be a waiver of or reclude the <br /> ^r `� _ ��• Y Y S Y S Y • P <br /> -.;,;. . : . <br /> :` r,:�, s exercise of any right or mmody. - <br /> '"'�'�"�''-�-��� 12. �uct�sor..and �lQ�; Suund; Jain! aas! Sexcrs! L{�b!!lty; Cu-slgners. The covennnss and agrre�ttcntc of thic <br /> � :.r.tc'Sr,w,,..��,-�:�... _ <br /> •'� Security Instrument shall bind and benefit the ,urcesu>rs and assigns of l.eodcr wxi &�rrower, subjcct to the provisions of <br /> � ""'" �""�' "` paragraph 17. Borrower's covenantr and agrcements ,hull be joint und several. Any Borrower who co-signs this Security <br /> �,.:.?�:_•. .:. <br /> . • • Instrument but does ►x►t exccutc the Note: (a) is ra-signing this Security Instrument only to mortguge, grant and convcy that <br /> - . Borrower's intercrt in the Property under the tcrms of thiti Sccuriry Instrument:(b)is not personally obliguteci to pay the sums ! <br /> • . ' secured by this Security Instrumcnt;and(r►agrces that I.cnder And uny other Bnrrower may agree to extcnd,modify,fittbear or <br /> � m�ke any accommodutii�nr with regard t��the term�of this Security Instrumcnt or thc Nute without that&�rrower's conscnt. _. <br /> � � � 13.I.oan ChwrQes. lf the loan xecured by thi�Security lntitrununt iti.uhject to a law which sets maximum laan charges. <br /> ����.�:.�_= : -�r�,,.,.;� and that law is tinally interpreted xi th•rt the inlrrest ar uthrr loun char�eti collecteJ or to be rnllected in connection with the �., <br /> �{T, '�� � • loan excccd thc pcmiiit�xl Iimit�, then: (a)atry+urh loan chargc tihall tk rcdurcd hy th�am��unt nccc+�ary to rcdurc thc churgc -�- <br /> to the permitteci limit:anJ(b)any+umy alrcady� rollect��l frum Burrowcr which cxrcedcd permitatii limitti will be rcfunded to �a_ <br />_ Borrowcr. Lcndcr �iwy rh�x�,c to makc thiti mfund hy rcJuring thc principal ow��i unJrr thc Nutc or by making a dircct <br /> _ , , w .. paymcnt to &xrower. If a refund redureti principal, thr reduction will Ix tre•rted us u puniul prepayment withcwt uny _ <br /> ;�. .. prcpuymcnt charge unJcr thc Nutr. .�.:_ <br /> 14.'�otice.c.Any natirc tu&+rruwcr provided far in thi�S�rurity Instrunxnt ,hall tk givrn Ny Jcli��cring it�tt by m�iling �;;- <br /> �,r.us..,-=....�., - it by first cla�s mail unlctis applicahlc law rcyuire�u.�ol':uiothcr mclhcxi.Thc n�nirc tihall lx dircrtrd to thc Propc:rty Addre�s = <br /> �• �r uny othcr adJre�ti Borr�►arr de.ignatcs hy nuti�r tn Lrndcr. Any nutire a� I.endrr +hall tx given by tint rluti. muil to <br />- ' � � l.cnder's addreti�titatcJ hcrein ur any uther:�dJrrti+IAndrr dc.ignatc+ hy nutirc tu&irruw•rr. Any nuti�e provid�K1 ti�r in this <br /> .. "j"'` ' Security Instrument shall lk drenuJ ti�have lxxen given t�i Burci�wer ur Lender whcn�ivcn a,providrd in thi�par•rgraph. M- <br /> 4 ,;�;.-� • I5.Govrrnin}; I.aw; Scvcrabiltty. Thi, Crcurity In.Ir�mknt �hall Ix guvcrnrd hy tcdcral law and thc luw uf the _ <br /> ��F � yE;��. � juriulictiun in whirh thc Pr��perty i� I�xatcd. In thc c��rnt that any provisiun ur claux ul thi.Srruriry In�trumcnt or thc Ninc —_ <br /> � �"'� �� conflict�with applicublc law, wrh ronflict.hall n��t affc�t othrr pro�itiiom��t'd�i.Scrurit� In.trununt ur thr Notr which can Ix <br /> N t,� ' given effect without �he coutlicting pruvi.iun. Tu tl»,rnd du pruvitiiun+��t'thi�Sccurity In+trumcnt and the Nutc an declared <br /> _ v� ta be>:everable. <br /> � ", � 16.$orrawer's Copy.Borru�vrr tihall h�given one�unli�rtned r��py uf the Nute and uf thi.tircurity In+trument. <br />. �i <br /> Form 3028 9190 <br /> a <br /> ' Pape 4 0�6 <br /> .:� t <br /> 9 <br /> y � , <br /> , � - � 1 <br /> �. • <br /> t. .. 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