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<br /> ��=��—--�s� puymenta may no tanger bo rcquired,nt thc optian af l.ender.iP rriortgagc innurnncu cavern�e(in th�umaunt nnd fnr tho period _
<br /> '� tha�lxnder requfres?p�vidcA by nn in��rcr npprovect by C.ender ugain hecomc»uvailable und is obtnlnctl.Bormwer ehall pay �_ _....._.._
<br /> —'� -- tho premiuma re�uircd tu malntaln mortgnga inaurartro in offect,or to pmvidc e las�reseNe.until the requinment for rtwrtgege
<br /> - insurancc ende in uccordancc wtth nny wrltten agreement between�onawer and[.ender or epplicnblo law.
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<br /> 9.InspACtian. 4ender ar its agent mny mako reusonabla antrles upan and inspactions af the Propeety. L.ender ehall give
<br /> . ����+:
<br /> Bcarmwer notfcc nt thc timo af a�r prior la nn iflspection specifjring�+easanublo atu�e for the fnapectian. -
<br /> - 10.Condemnation.1'he pracecds of any uward or cl�im for da»xg�.w.direct or wnsequcniiui. i��cannectlon�vlth aqy � - -
<br /> `" condem�wtion or aiher taking�f uny pnrt af the Property.or for canveyance In 1{eu of condemnution. nre hereby asslgr►ed and
<br /> ' .� �r :� :�•. � ehall be puld ta I..ender.
<br /> "' 8 perty.the PP Y Y
<br /> y�.,�� , In the event of u total tnkin of the Pro proceeda shall be a liod M the sumR secured b thix Secu t uument�
<br /> ;�,�`` ����"�•' whether ar nat then due. wtth any excc.as paid ta Horcower. In the event of a pnrti�l taking of the Property in whlch tho fair
<br /> :�_«#,;��,�a��� mnrket vnlue af the PropeRy immodiutely before the taking is equal to or gmatter thun the amount af the sums secured by th3a
<br /> • - a�y "'`�.� ���":.� Secudty Instrument immediatety before the taking.uniess Borrower und L.ender otherwise agtee in writing,the sums secured by ----
<br /> - ��'i����"' ' ''�' this Securiry Instrument Fhall be rcduced by the umaunt af the praceeda multipliad by the following fraction: (a)the total
<br /> ��..:y�.�; ..• _
<br /> ` '�` `'• ' amount of thc sums r�ecured immediately before thc taking.divided by(b)the fair market value of the Propetty Immc�ately
<br /> �..� .
<br /> before the taking. Any bulance shull bc paid to Barrower. In the event of A ptutial taking of the Prnperty in which the fair
<br /> �� �� `;,'� mnrkct value af the Property immediately befare the taking i�less than the amount of the sums securod immediately before che
<br /> • ,, taking. unle.ss Bormwcr and l.ender atherwise agrce In wrtting ar unles.g applicable law otherwise provIdes,the praceeda shall
<br /> � � �•.�`', be applied to the sums secured bv this Security instrument whether or not the sums are then due.
<br /> .. If the Property is ubundoned by Barrower,ar if, uRer notice by I.ertder to Borrower that the condemnor offers to make an � -����
<br /> �� `��"' awurd or rettie a ctaim tor dnmugcs, tlarrowcr tnds ta respond to i..�ndcr within 30 days uftcr �he date tha ra�tiw ir,givo,i. ---
<br /> ,. I.ender is authorized to collect and upply the proccxds.ut iGs aption.either ta restaration or rep�ir af the Property or to the suma
<br /> � secured by this Security Instrument,whether ar rtat then due.
<br /> ' Unless L.ender And Bonnwer othcrwisc ugree in wrfting. uny upplicution of procceds to principal shall not extend or
<br /> � pastpone the due dnte of the monthly payments referred ta in parugrnpha 1 und 2 ar chunge the amount of such payments.
<br /> I l.Borrower Not Releasedt Forbearance By i.ender Not a Waiver. Extension of the tfine far payment or modiftcadon
<br /> ,� of amoai�atian of the sum�secured by this Security Instcument granted by I.ender to uny succe.csar in interest of Borrower shall
<br /> ° not aperate to relcasc thc liability of the ariginal Borrower or Bnrrawcr's succes�on in interest. i.ender shall nat be required W
<br /> commence praceedings agutnrt any successor in interest ar refusc tu cxtend time far pnyment or otherwise modify amortl7atton
<br /> of the sums secured by this Securiry Inxtrument by �eu.son of uny demand made by the original Borrower or Borrower's _.�_
<br /> successors in intercst. Any forbearance by Lender in cxercising any right ar remedy shaii not be a waiver o�'or pra:Iuda the �°'� _
<br /> exercise of uny right ar cemedy. '�°
<br /> 12. Successors and Axsigns Bound; Joint and Several Liability:Co-st�ners. The covenunts and ngreements of this _-__
<br /> " Securiry Instrument �hnll bind and benefit the successors unci assigns ��f l.ender und Borrnwer, subject to the prov[sions of ;=�,m
<br /> ., paragraph 17. Bormwer'x cnvenunts and agrecment� ,hull be joint and severul. Any Borrower who co-signs thts Secur�ty ' t"�__
<br /> Instrument but does nut execute the Note: (a) is co-tiigning this Security [nstrument anly to mortguge, grunt and convey that _ •_ __
<br /> ,; . Borrower's intercst in thc ProExrty under the ternis of this Security [nstrument:(b>iy not penonally obligated to pay the sums �� �
<br /> � secured by thi�Securiry lmtrument:and(c)agrces thut Lender und uny othcr Borruwer muy�gree to extend,modify, forbear or ;��
<br /> �� make any uccommodati�ns with mgurd to the term�af this Security f mtrumem�ir the N��te without that Bonower's consent. �
<br /> 13.Loan Charges. If thc loun,ecurcd hy thi+Srcurity In+trument i�subjctit to a luw whIch setx mu�cimum loan churges, _
<br /> • •rnd that law is finally interprcteJ,o that thc intrrc.t or other li�un chargc�a�llected ur to be mllcrted im m�nertion with the , ` .�.
<br /> . • loun exceed the permitte,llimit�,then: lu)any,urh loan chargr shall he reduc��i by tl�e umount necestiary to reduce the chutge =
<br /> � to the pern�iucd limit;und lb)an> .umti alrcady rullcctcJ from Burruw•cr whi�h exrccdrd perntittc�l limit+will be refunded to ., ��
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<br /> Bi�rmwer. L.ender muy chiw�c to make thi. ret'und hy rrducing thc prinripal uwed under the Note or by making u dircct �:.
<br /> ., . payment to Borrower. If u refunJ r��iucr+ prinripul, thr rrJuctiun will he trcat�K1 a. a purtial prep:�yment without uny �
<br /> � prepuyment chur�e under thc ho�c. ; -.
<br /> 14.Notices.Any nutirc to Bo�ruwrr pra�•idcJ ti,r in thi.Scrurity In.trunxnt+Nall Ix�:iecn hy dclivcring it or by muiling
<br /> it by fint clu+x mai�unle��applirahlr la�v r�yuire.u.r ut amuth�r method.Thr nutire tihall hr directrd tu thr Property Addre+�
<br /> . ar any othcr addre.� E3ittm�v�r de.ig�iatr� Ny nutirc tu Lendrr. An�• nutirr tu LcnJer ,hall hr given by Fir+t class mail to
<br /> Lendcr'ti addre+�tit:�ted hercin or un�• uthrr uJdre+. l.endrr de,i�naer� hy n��tire t�� Rorr��«rr. Any nutice proeided fi�r in thiti .
<br /> Scrurity In�trumcnt.hall bc deemed tu hu�•e txrn Eiven ta B�ur�n�rr ur Lcndrr��hcn givcn a.praridcd in thiti parugraph.
<br /> 15.CoverninF Ln��•; S��•erability. Thiti S�rurit� In+trumrnt �hall hr �u�crnrd hy Icd�ral law� and the law of thc
<br /> - juri,Jiction in whirh thc Propcm• i. I�wateJ. ln Nic r�cnt that am pru�•i.iun ur rl.�u,r��f thi,Scrurity Instrument or thc Nntc
<br /> .� a�ntlict�with applicuhle la��•.+urh a�nflict,hall nut aClcrt nthcr rruvi.iun,�►f thi,Scruriq ]n.trumtnt��r thc N��tr whirh ran hc �
<br /> ' givcn rffect withc►ut thr amtlirting pro�•i�iun. T��thi,cn�t tli�pr�i�i.iun�uf thi+tir�urtt� In,trumcnt and thr Natr arc dcclarcci � ,
<br /> � to hc severable. I
<br /> ' Ib.Barro�rcr's Cop�.Hnrru��rr�h;tll tk�i�cn��nc r�mli,rmrd rup� ��i thc*iutr:md i,f thi.Srrurity ln.trum�nt. `
<br /> ' ' Form 3028 8180 '
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