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<br /> -- paymenta mey ttn longsr ba req�iicecl,at tAo aption af l.ender.it martgago tnsuranoo coverega(ln the�monnt end tor the pedod �
<br /> -� - ----- that I.�nder roquires)provided by an in�urer approved by Gendor ag�d»l�ecocnes nvnilabla nnc!IA obiaSnecl. �3�rrawer sti�lt�ay
<br /> `��-_---- thc premiums�equ&od to maintain mortgago tnsu�yutw in efFect.or to pcuvfde a lusa�ese►ve.until the�•�:qutc��ucns far mortgago ---
<br /> insurance ends in accord�ace wlth any wdtten a�roement betwan eorrower and I.enEer o:appllca6le 1Aw.
<br /> 9.Inspection.Lcnder ar its agent may n�ake reasdrable entries upan end Inspeations af tho Pmperty. Lender shrll giva
<br /> Borrower nadoe at the time of or priar to m inspection spccifylry{reasoru►ble cause for tho lnapectlon.
<br /> i0.Coe�demnation.Tho pmcada of xny awani ar claim for dnrnages,direct or con�equential, !n ct�nnection wlth�ny
<br /> �--- - -�_"� oondemnatton or otl►er taklr�g of any pa�9 uf tite PcopeRy.o�•for wnvcy�ncu In Ilcu of caadcmru�tforn.arc hcrcby�algt�cd und
<br /> R shall be paid to l.ender.
<br /> In the event af a totul tnlcing uf the Pmperty.the praoeeds shnll bo appllod to the sums socund by this Suuriry Insttuttxnt.
<br /> �. � wbether or not then due,with any exass patd to Homower. In the cvent oP a paRial taking of the Property in whlch the fair _
<br /> ,<� �. market v�lue of the Property immediately 6efore the teking is equul to or greaur than the amount of che suma secured by ttds
<br /> � 5ecudty InstNment 1mmeQiately before the taking,unless�orrower aad Lcnder otherwise ogrce in wdtiag.the suma secured by
<br />_�¢" , thia Security Instrument shali be mducai by the a�nount oP the procee�ls multiplicd by tho fo!lowing fractian: (a) the totol
<br /> .k tunount of the sutns sscured immediately befare the tnlcing,divided by(b) the feir market value af the Pmperty lmmediauly
<br /> -±'?� bcfore the taking. Any balence shell be paid to Borrawer. In the event of a partial taking of the Pmperty In whlch tha fair
<br />=:� market valuc of the Property immedlately befo�e the taking is less than the amount of the sums secured lmmed�ately before the
<br /> taking,unless 8arrower and Lender otherwise a�in wdttng or unless applicable law othenvise provides.the proceeds shall
<br /> be applied ta the sums sec�u+ed by this Securfty Instmmeat whcther or not the sums are then due.
<br /> If the Progerty 3s abandoned by Borrower,or if.eRer notice by Lender ta Borrower that the condemnor offers to make an
<br /> _ aweid or settle a claim for damages. Borrower fails to respond to Lender wltUin 30 days after the date the noti� is given, �
<br /> ;,^ { L.ender ia author�zed to collect and apply the proceeds.at ita optIon.elther to restoration or repatr of the Property ar to the sums
<br /> ' � �' ',:_' ' � ' securad by this Secudty Instrument,whether or not then due.
<br /> `���:'}'��'�r:' Unless I.ender and Borrower otherwise ag�+ee in wdting. any application of proceeds to pr�ncipal shall ttot extend or
<br /> . •.tr. Y. ti'�....
<br /> ti,�•,. ,_ . ,... , p ost p one thc due date of the monthl y pa yments referred to in para g r a phs 1 and 2 or change the amount of such payments.
<br /> �.Y �,� . �:;�,�,.;�'�.-: I1.&►rcower Not Released;Forbearartce lly I.ender Nat a Watver.Bxtension of the dme For payment or modiHcation
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<br /> , ' , � . � of amortiwtion of the sums secured by this Security Instrument grante�by I.ender to any successor in interest of Borrower shall --
<br /> , . `' not operate to release the liability of the original Borrower or Borrower's successors in intcrest. Lender shall not be required to --
<br /> ,, � � " commence procePdings a�afnst any successor in interest or refuse to extend time for payment or otherwise modify amortiration
<br /> • ' , of the sums secumd by this Security Instrument by reason of any demand made by the original Borrower or Borrower's __
<br /> � successors in interest. Any forbearance by Lender in exercising any ri�ht or remedy shall not be a waiver of or preclude the ==
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<br /> " exercise of any right or remedy. �
<br /> �� 12. Successots and Assl�ns Bound; Joi�t and Several Llabiltty; Casigners. The covenants end agreements of this
<br /> � " SecurIty Instrument shall bind and bcnefit the success�rs and assigns of Lender and Aorrower, subject to the provIsions of
<br /> �:,,:; para�raph 17. Borrower's covenunts and agreements shaU be joint und several. Any Borrower wha co-signs this Security �-.
<br /> � ;�%, Instrument but does not execute the Note: (A) is co-signing this Securlty Instrument oniy cu mort�uge. grant and convey that �;;,�
<br /> - -----_---•�-_=- Bonowcr's intcrest in thc Property under the tcrms of this Secur�ty Instrument:(b)is not personally obli�ated to pay the sums ':s';•
<br /> secural by this Security Instrument:and(c)agrecs that Lcndcr and uny other Borrower may agrce to extend. modify,forbear or
<br /> � ,,�;;, make any accommodations with re�ard to the terms af this Security Instrument or the Nate without that Borrower's consent.
<br />- . ' •� 13.Loan Char�es.if the loan secured by this Serurlry Instrument is subject ta u luw which sets muximum loan charges.
<br /> .�" and thut law is finully interpreted so that the intemst or other loun charges collected ar to be coliected in connect{on with the
<br /> � � loan exceed the permitted limitr, then: (u)any such loan churge shall be reduced by the umount nccessary to reduce the churge
<br /> �: } .,, to the pecmttted Ilmit;nnd (b)Any sums ulreudy collected from&�rrower whieh exceeded pemiitta! limits will be refunded to
<br /> , Borrower. Lender may rhoosc ta make thi+ refund by rcducin� thc principal owed under thc Note or by malcing u direct
<br /> • ° '' payment to Borrower. If a refund reduces principal, the redurtion will be trcated as a purtiut-prepayment without utty
<br /> ; ° pmpuyment chargc undcr thc Notc.
<br /> -� i , 14.Nottc�.Anv n��tice to B<�rcower pruvidcd fix in thi, Srcutity Instrument +hull be given by delivering it or by moiling
<br /> . it by fint cluss muil unle,+uppliruhle luw reyuirc�u�e uf anather methcxf. The n�itice shull be directed to the Property Address
<br /> ' or any other uddre++ Borcuwer de.ignute. hy nutire tu [.ender. Any nuticr tc► Lendcr shull be given by fir�t rlass muil to �
<br /> ' • I.cnder's uddrcss�tuted herein or uny othcr addrc,s Lender de,ignute� hy noticc tu Borrowcr. Any n��tire provided for in this •
<br /> Sccuriry inxtrununt�hull bc dcenmd to havc bccn givrn t�f B��rri+wcr or I.cndrr whrn givcn u�providrJ in thiy purugrsph.
<br /> ,• � IS.Governing I.a��•; Severnbility. Thi, Scrurity imtrument ,hall bc guvcrnrJ by fedcrul law und thc luw of the
<br /> �� jurisdictian in whirh thr Pr��pcny i.r I�kutcJ. In thc rvcnt thut any pn�ri.ian nr rlausr uT thi�Sccurit�� [mtrumcnt or thc Nate
<br /> � • contlicts with applicahlr IuN�,.unc�ontlict.hall n��t uffrrt uth�r pruvi�iun.��f thi�Scrurity Intitrunxnt ur thc Notc which can bc
<br /> � " given effcct without the rontlirting prcivi�iun. Tu thi�cnd th�provi.iun.i�t'thi�Srcurity Inatrumcnt und thr Ne�te ure declarcd
<br /> •�� to be�evcruble.
<br /> ' ,�• „ 16.&�rr�►��•cr's Cop��. &vru�c�r�hall tk gi�•en onr runti�rntcd rup����f thc Notc and ut'thi�Scrurit�• [n�trumcnt.
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<br /> ' Form 3028 9190
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