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<br /> payments rny ra lon�er t�e requirod,at the option of Lender.if mortgaQa insurarce covenige(in the�rtbunt and t'or the perlad
<br /> thu l.ender requicea)provida!by�n inwrcr approvad by L.ender�ain bocomes�vnilable�uid le obl�inal. Barrower�!I p�y
<br /> tbe pmmium�+equirod to ma�ttqin mo�e intur�na In effext,or to provido a lou ruerve.until tfu requircmau for mat�e
<br /> inrurar�a cnds in�cootdaioe with rny wrltten a�roemrnt ixtwoen Borrower wd I.ender or�ppliublc liw.
<br /> 9. I�pectba.l,ender ar iu eyent may melce rasomble ent�iw upan uid inepoctions of the Property. I.encier rtylf �ive
<br /> _ Bornnwer r�alce k the time of or prior ta�n in:pe�tion�pocifyin�n,a�cNwble cause fur the in►pation.
<br /> l0. Caderonation.Thc procoods of Any awurd.x claim ti►r dwiwges. dircet or conxquentioi. in conna:tiw� witl� �uiy -
<br /> wndemwtion or other talclnQ uF any part af the Propetty,or for oonveyutice in lieu af r,ondemnwion, �re henby aici�ned�nd
<br /> - stwll be paid to Lender.
<br /> T� In the event of a toial taking of the Propc�ty. the proctecfs shull be�pplied to the sums sxural by this Socurity Instrunxnt, �
<br /> whether or not thcn due. with�ny cxcess paid to Borrower. In thc evcnt of a purtial txking of thc Pmpeny in whirh thc fair
<br /> --- --- uuu�kct valuc of thc Propetty immodiately before 1he taking is cyuul to o�greater than the anwunt uf tiw suuu�eexurr.J by lhir
<br /> Security I�stn�ment immediately befare the taking,unicss Barmwer and L.ender otherwi.�e ngroc in writinQ. thc w�nx saur�i by
<br /> this Sa:urity Instrument shail bc reduced by the amix�nt of the procads multipliod by the following fr�utinn: (a) the total _
<br /> arr�ount of the sums securod inunediatety beforc the taking, divided by(b) the fair markct vYlue�f tlu Property Immediately
<br /> 6cfore the t�king. Any balancc shall be paid to Borrower. In the event of a partial teking af the Propeny ln which thc fair
<br /> markct valuc of the Praperty immodiately beforc the taking is less thun the nmouat of the sums secu�ci Immadiatcly befare thc
<br /> ttking,unlas Borrower and I.ender otherwise agrce in writing or unless applicablc law otherwire pravldes, thc procc�Js shall
<br /> be �pplied to the sums securod by this Security Instrument whether or not the sam�are then due.
<br /> -= If the Propeny is abaruloned by Borrower,or if,yfeer n�tice by l.ender to Borrawer that the condemnar offcrs to make an
<br /> awerd or seatle a claim far damages, Borrower fails to rapond to Lender within 30 days after the date the notice ix given,
<br /> Lendcr ic authndzed to callect and apply the prceeecls,at i4s optian,cither to restorntion ar repuir of the Propc.ny or to the sums _
<br /> secured by this Security Instrument.whether or not then due.
<br /> _ Unless Lender and Borruwer otherwise agree in writing, any application af pracecds ta principal shall not extend or
<br /> • postpone tnc duc date of the monthly paymentti referrcd to in parugraphs 1 and 2 or chunge the amount of such paymcnts.
<br /> � � 11.Barower Plot Released;Forbatrance By Gender Not s►WAiver.6xtension of the time for payment or modification �
<br /> of amortization of the sums secured by this Security Instrument granted by Lerxicr to any successor in interest of Borrower shall
<br /> � not operate to release the liabiliry ot the original Bonowcr or Borrower's succcs:�ors in intcrest. Lcndcr shaU not bc requircd to
<br /> - � cornmence proccedings against any successor in interat or refuse ta extend time far payment or otherwise modify amortization
<br /> �T� of the sums sexured by this Securiry Instrument by rea,on of any demand made by the original Borrowcr or Borrower's
<br /> - succeswrs in interest. Any forbearance by Lender in exercising any right �r remedy shall not be a waiver of or preclude the
<br /> � exercise of any right or remedy.
<br /> 12. Successors�id AssiRns Bound;Joint And Severs►1 I.iability; CasiAnens. The covenants and W�re�rnents af this
<br /> ' ��s�s' Security Instrument shall bind and benefit the ruccessors and ussigns of I.ender and &�rrower, subject to the provisions of
<br /> .���'"���.��;;� ' ara ra h 11. Borrower's covenants And a reements shall be 'oint and several. An Borrower who co•tii m this Securit —
<br /> 4i;•., • _ , p B P F 1 Y B Y
<br /> ,�.�'�•:t.;}�;;<'���,�-� Instrument but does not execute the Nate: ta) iti m•signing �his Security Instrument only t�� mortgage,grant nnd convey that
<br /> � `�' �`'"�' �"."L�''• Borrower's intercst i�the Property under the temn uf this Sccurity Instrument; (b)is not per.umully obligutc;d tu pay thc sums
<br /> _ ��r «;..,�,..:� _
<br /> �'��`'`�!'-��`"'�"'''"' secured by this Security Instrument;and(c)agrce�that Lencier und uny other Borrower may agree to extend,nx�dify,forbear ar
<br /> -�,,..•:
<br /> °�r?=:+,h:_� `� make any:ucommodutions with re�urd to the terms of th iti Security Instrument or the Note without that Borrower's cansent. -
<br />___ >' �-�.�,.����f y.� 13.I.oan Charges.If the loan secured by thiz Security Instrument is subject to•r law which sets maximum toan charges, !�
<br /> _=�-. � " and that law is finally interprcted so thut thc interest or �xher loun chargeti collcctcd or to be roUerted in connectian with the �.
<br /> � '�''"'''!` loan exceed the permitted limits, then: (a)any such loan ch3rge shall he reduced by the amount neceswry to rcduce the charge
<br />._� • • -:i-^�.---P�'�^^ ' .�.
<br /> ��'AA��ia.:.. • : i to the permilted limit;and(b)•rny sumi alre•rJy roUttteJ Gum Burrower which rxre��lcd pennitteJ limits will Ix rcfunded to _
<br /> �• �°°�, •� , � ; Borrower. Lender may ch«ne to make this refund by reciucing the principal owed undcr the Note or by making a direct —
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<br /> �', �;��:��.��;':.�. :#,� � ! psyment to BoROwer. If a refund rectuces principal, the rcduction will t►e treateJ u.� u p•rrtiul prcpayment without any `�
<br />':' `�r?-�;�t:;,;��� �� � prepayment chargc undcr the Note. i:;
<br />-? s��'•l�•'��"�' 14.Notices.Any notirc to Bonowcr proaided for in thi�Sccurity Instrumrnt shall hc givrn by Jrlivcring it ur by mailing n _
<br /> :' .�� _, it by fir+t clu�mail unlesti upplicable laa-reyuirc�ux cif an��ther mrthcxl. The n��tice+hall he directrd to the Property Addresti _
<br /> or any other adJress Borrower designate+ by notirc tu I.cndcr. Any notirc tu [.endcr .hall lx givrn by ftnt clatis ntail w �,--
<br /> �"*, �,, ,_, . Lender'.aJdreti�stateJ herein or any other•rddress Lendcr dc�ignateti by ni�ticr tu Borrowcr. Any nutice provided for in this �
<br /> -� � 4� . �. � Securit}•Inurume�u shull bc dcemed tu havc lxxn gi��cn tu R��rrowcr ur[AnJcr when gieen ati prucidrd in thi�paragr•rph.
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<br /> = ''"` �. -�...... : 13.C:uverning Law•; Se�rtvbiiity�. Thi� Security Instrumcnt ahall he governcd by feJcr:,i law anJ thc 1•r«� of thc �'-
<br /> �.,,`..- �... � jueixiiction in whirh the P�operty ix I<xat��l. ln the event Ihat any provisiun or dau�c of thi�Security Intitrunxnt i�r thc Notc �`�
<br /> t w• ',•�� � confli�t,with applicablc law, sunc��mflict+haU nut affc�t uthrr pruvi,ion��if thiti Srrurity Imtrunwnt or thr Nac a•hirh ran he
<br /> t x.3"'�� givcn cffcct without thc c:unflicting provision. To thi�enJ the pnwi.ium uf this Sccurity Intitrument and the Notc are derlarcd ��
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<br /> ; to be sevc�•r61c.
<br />.� . � � � 16.BorroNer's Cop�•. Bnrcuwer tihall be given i�ne cuntiirnied ropy of thr Note und oT thi�Security lnstrumrnt. �
<br /> - I Fwm 30Z8 9190
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