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<br /> paymenu mty na lon�er be requirod, at the option of Lender.lf mort��c inaurAn�x covcrtae(in thc unount ond for the pafod
<br /> thnt Le�der roquires)providod by m in�urer approvod by Lender n�ain bxames xvnilabte�nd ir e►bWnod. Borrower�hall pay
<br /> the premiurru requirrod to maiturin rrwrt�e inwrance in effxt.or to provlde r Inss�rescrvc,untH the requircment far mort�e
<br /> inwtuue endR in�ccardance with my written aQrament betwan Borrowcr rnd Lender ar applir,�blo i�w.
<br /> 9.ln�pecl{on.Lender or its�ent may �takc resionable entdeY upon w�d i��apectiar�s af Ihe Property. l.ender�tull�ive
<br /> Borrower notice�t the time of or priar to an inspoction cpocifyinR reasonable cause for the ins�xction.
<br /> 10.Coadeamatbn.The p�acceds of any pward or claim far damageu.dircct or conseyuential, in connectlan with ar►y
<br /> condemnation or ather taking of any part of the Property.or far c�nveyance in lieu of condemnation,uc�e heret�y a,rsiyned�nd
<br /> '- - - - stwll be paid to Lencier. –
<br /> 1�the event af a total teking of the Property,the pracoeds shali be applied to the sums socured by thie Security Instrument,
<br /> whether or not then due.with any cxc�s paid to Bormwcr. In thc event of u paniul taking of the Pmperty in which the f�ir
<br /> market value of'the Property inunediutely before thc talcing is equal to or greater than the urtxwnt of the wrt�secured by d�ie
<br /> Secudty Instrumcnt inunaliately before th�taking, unlc�s Borrowcr wx!l.ender atherwise ygrec in wrltin�,the sums eaured by
<br /> this Security Inurument shal! be reducod by the amount of the praceeds multiplied by the following fraction: (a) the twAl
<br /> a�mwnt of thc sums securcd immediately before the tuking,dividcd by (b)the fair market valuc uf the Pmperty immali�tety ----
<br /> before the taking. Any balarue shull be paid to Borrower. ln the event of a purtiYl taking of the Property in which thc fai�
<br /> market vulue of the Property immediately before the taking is lecs than the arnaunt of thc sums sccurod immediatcly before the _
<br /> talcing, unless Borrower and I.ender otherwise agrce in wrlting or unless applicable law otherwise provides. the pracads stwll
<br /> be applied to the sutns secured by this Security Instrument whether or not the sums are then due.
<br /> :��� It the Property is abandoncd by Bo�rower,or if,after noticc by Lendcr to BoROwer that the condemnor�ffen to make an
<br /> award ur settle a claim for damages. Borrower fails to rcspond to l.ender within 30 days after the d�te the r�otice is given, �
<br /> Lender is authoriud to collect and apply the prceeeds,at its option,either to testoration or rapair of the Property or ta the wms
<br /> - secured by this 5ecuriry instrument,whether or not then due.
<br /> :=r•"r.r. •' ���„'.'�'.,,� Unless I.cnder and Borrowcr otherwise ag�ec in writing, any application of prixecds to principal shall not extend or
<br /> . ��' postpooc the due date af the manthly payments referred to in paragraphs 1 and 2 or change the amount of such payments.
<br /> • � : +�� 11.BorroK•er Not Releaced;Forbear�nce By Lender Not a WAiver.Extension of the time far payment or modificutiun
<br /> '" ,..*:;�ss�;.:�:;' of amortization of the sums secured by this Security Instrument granted by Lender to uny wccessar in inter�t of Borrower shall
<br /> `�r.��',,�'�`;....,� � ,
<br /> •• • ,�.�,�.�,�.�� not aperate to rcleuse the liability of thc original Borrower or Borzowcr's succcssors i�intcrest. I.endcr shall not be required to _-
<br /> '`'''•���' ' commence proceedings against uny wecessor in interest or refuse to extend tirne for payment orotherwise modify�unanization �
<br /> ' `'� '���"'�� ' ' of the wms secured by this Security Inytnert�cnt by rcasim of any dcn�rnd niade by the original Borrower or Borrower's
<br /> :G�>::. ..,: :• _
<br /> •_,�;t:; , . -�,;�� .r•uccecsor.s in interest.Any farbearance by [.ender in exercising any ri�ht or remedy shall not be a waiver af ar proclude thr —
<br /> L'a'�
<br /> }�;��-.;;.t_Mt�:._:=;, �._ excrciscof any right ar remedy. —°
<br /> T � 12. Successors and AssiRnc Bound: Joint and Several I.iabilitv; Co-si�ners. Thc wvcnants utxi agrecments nf this
<br /> � �,,... � �t.:��, --
<br /> ,' . • • Security Insirument shall bind und benefit the�uccesson and ustiigns of l.ender anci Borrower, subject to thc provisions of = °
<br /> • parpgraph 17. Bottower's cavenants und agrccmentt shaU bc joint •rnd ,evcral. Any &►rrower wh�i ci�-tiigns this Security
<br /> : InstNnxnt but does not execute the Notc: (a)i�co-�igning thiti Security Instrument only tii mangage, grant and convey that =--`
<br /> • � Borzowcr's interest in the Property under the tcrmti of this Security Instrumcnr, lb)is not personally abliguted to p•ry the sums
<br /> aecured by this Serurity Instrumenr,and Ic>a�.rcrs that 1.enJer and uny other B,,r�ower muy ugree to extend, mcxiify, forbear or �'��-
<br /> make uny accommcxiati�.ns with regard to the terniti uf tl�is Security[nstrument ur the Note without that Borr�iwer'.ainrc:nt. �.�+;•
<br /> � 13.I,oan Charg�.lf the I�ian.crured hy thi�Srrurity Intitrumcm i�subjcrt to a law whirh tets maximum loun charges, �''
<br /> i:�;� � � and that law i.Gnully interprcted su thrt thr intere:t or other I��an char��e�rallrrted eir ta be rollected in connection with the �':_
<br /> �–•.' ' luan excccJ the permittcd limitti, then: la)any wrh laan rhurgr�hall he reduccd hy the amount nece+�ary to reduce the charge
<br /> ��r ' to the penniUed limil:und(h)uny�wns ulrcaJy rullcrtcd from Borruw•ur which exccedcd permittcd limit�will bc rcfundeJ to ���
<br /> �. Borrowcr. Lcndrr m+y chcxix to makc this rcfund b�• rrJurinF thc prirnipal owcd unJcr thc Nntc ur by making a direct �=-
<br /> ' c , � �- ; payment to Borrowcr. If a refu►xi rcdures prinripal, thc rcductiun will bc treutcd a+ u partiul prepaymcot without sny E'-'�
<br /> � " ' prepaymcnt chargc un�icr thc Notc. p-T`�'
<br /> • � l4.Natices.Any noticc to&�rroµ•cr priwidcd fi�r in thi,Sccurity Intitrunknt tihall!x givcn bv Jcliverin�it ur hy mailing �'"�
<br /> I it by tint cla�ti mai!urdrs�applicablc law•rryuim. u.c ot'unuthrr meth�xi.The rn►tire shall lk directed tu thc Property Addre�s o -
<br /> �. I or an�• other uddre,ti Bc�rcowcr dcsi�natc� by natire tu L.cnJrr. An�� nutire tu IAnder shall tx given hy tir+t clati� �nail to � -
<br /> '"'';;- Lcixlcr'�aJdrc�,�t.ncci herrin ur am� othrr adJrc�s I.�ndcr de,ignate.by nutirr to Borrowcr. An�� noticc prn��idcJ for in thi� �-:-
<br /> � .. Sccuritc Imtrument shsll lk dee�n�d to h�vc txcn givcn to Ci�,rrawcr ur I.rndrr H�hcn given ati pravidcJ in thiti parugraph. _-
<br /> �. ' `• I9.Gnvrrnin� I.aM; tievcr�bilit}�. Thi� Srrurity In+trumcnt tihall Ix g�n•crned hy tcdcral law and lhc law of thc ��v
<br /> - �'�'� jurisdirtion in a•hirh thc Praperty i. I�kat�Yf. In thc c�•cnt that any pro�•i.ion ur rlau�c of tlii�Scrurity In�trumem ur thc Ni�tc
<br /> � �, . t'OII}IICI�K9II1 ApPI1C�bIl`I�R'.+urh ronllirt shall nut:dlcrt uthrr pru�•i.i�m,oY thi�Scruriry Imtrununt or thr Notr whirh ran bc �
<br /> _ • ; given effrrt without the cnntlicting provi.ion. Tu thi.rnd thr pru��i,i�mti��f thi� Scrurity Imtrument and thr Notc arc declared '
<br /> � I to be��ecrnhlr. �'
<br /> ' ; , � l6.BorroW�er's Cop��. Burrower+hull be gi�•rn onr cunli►rnu�d copy of ttk Nutr and af thi�Security Intitrumrnt. �
<br /> �-« � . I Fam 3026 9190 �
<br /> '` PaJ.•4 n16 �
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