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<br /> pAymcnta may no tongcr bo requirell.ut the option of Le�der,if mortgu�e insurnnoe coveraga(in tha nmount und for the pe►4od
<br /> thet I.erider re�uires)provided by an insurer apymved by I.ender again bacomes available and is obtained.Bonower eh�ll piy
<br /> the premfuma required to mqintsin mortgago IASUrancae in offcct,ar ta provide a loss reserve.unUl the rcquirement for mortgage
<br /> itisurence enda fn accordunce wlth aay written agrament betwcen Borrower anJ I.ender hr applicable law.
<br /> 9.Inapection. L,ender or Its agent may meka rcosanable entries upon and inspectians of tha Property. Lendcr ehull glve
<br /> .- --- Bormwer notice at the dma of or prior to en inspxtion speciFying reasonabla cause fnr the ins�crion. •-:- -.-.-
<br /> -- — ------.--� 10.Coademra�tton.The proceeds of uny award or cla{m for dflmages. direat or consequential. in connection with eny -______
<br /> randemnatian ar other tsking oF any part of the Praperty,or for convcyance in lieu of condemnatton,are horeby asslgned and —
<br /> ehAll bo peid to L,�nder.
<br /> in the cvant of a total taking of the Property.the pmceeda ahall be applied to the sums secured by th38 Securlry Instrument�
<br />=- whether or not then due. with any excess paid to Borrower. In the event af s pe�tlai taking of the Property in which the felr
<br /> �-�.••� murket vulue di the Property immediately before the taking is equal tc>or greater than the amount of the sume necured by thie
<br />=' A � Security Instntment iminedistely befor�the taking.unlese Barrower end Lender otherwise agree in writinB,the sums Fecured by
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<br /> -;;:: thix Sccudty Instrument shall be reduce�l by the amount of the proceeds muldplied by the foll�wing fraction: (a)tho total
<br />�•K`` _ amcutnt aP the sums secured immedlately bafore the takins,divlded by (E�) the fair market value of the Property immedtately
<br />�.`�� befare tho mking. Any balance shall be paid ta Borrower. In the event of a parti�l taking of the Property in whtch thc fair
<br />-� murket vnlue af thc Property immediately before the taking ia less than tho amount af the sums secured immedtately befare tha
<br /> tak{ng.unlesa Barrower and L.ender otherwise agree in wrltins or unless applicablc law otherwise provides,the procceds shall
<br /> ' ;• bo uppltcd ta the xum�s r+ecured by thls Secudty Instrument whether ar nat the sums are than due.
<br /> , ��,;.��;��+;�` tf the Praperty is abandoned by Harrower,or if.after notice by L.ender to Borrower that the condemnor uffera tu n�aice an -
<br /> _: _ - - - �������•� nwnrA �+r t�eqlo e cl�im for damnges. Borrower fails to respond to Lender wIthitt ?0 days after the date the noti�e i4 given, —
<br /> �`'"'9•'�°'�`•`'`� I.cndcr ia authnri•r.ed W collect und apply the proceeds,at its option,either to restoration or repair of the Property or to the sums
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<br /> ., �.. , • " necured by thle Security Inetrument,whether or not then due.
<br /> "�� ` � " � • Uole�x I.ender and Borrower atherwise agree in wrtting, any application af proceeds ta prfncipal shali not extend or ___
<br /> j, ,;,,�,.y s: ' • ^ postp�me the due date of the manthly payments refened ta in paragraphs i and 2 or change the amount of such puyments. �`
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<br /> -. . , 11.Bormwer Not Release�f;Forbearance By Lender Not a Waiver.Extension of the time for payment or modificatton �
<br /> - . . c�f umnrtir�ution of thc rums Fecured by this Secudty Instrument�ranted by L.ender to any successor in interest af Borrower shall °-
<br />" ' „ • nat operutc t�ti rcict�c the liubiflty of the original Borrower or BoROwer's successars in intcrest. L.ender shall not be required to ��''�
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<br /> " •, cnmmence pnkeaifngx uguinat any successor in interest or refuse to ex►.end time for payment ar otherwfse modify emortizatian :�°�=_
<br />� af the sums ncxured by thi�; Secudty Instrumant by reason of any demand mede by the origin�l Borrowcr or Borruwer's •�,;,°'
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<br /> .� suceesr,�r� �a intcr�fii. R�y i�irb�aran�e uy i.�ndar iii a�►ar�isinb sny rt�ht ar rznx�y shall e�t be a waiver�f or prectud�ihe -°:.:-��;:
<br /> „ .. . exercisc�f uny right or remcdy. - ." -
<br /> � 12. Succes!inrs and AxsignA 8ound;Joint and Several Liability; Co-si�ners. The covenants and agreements of this '!`��'F'�'
<br /> 5ecurity Instruntent tihull bind und benefit the successors and asstgns of Lender arxi Borrower, subject to the provlsions of � .;:� ,
<br /> purugruph 17. 8�mower',rnvcnuntti und agreements shall be joint and several. Any Borrawer who co•si�ns this Security •.. :
<br /> Inxtrumrnt but d�ux n�»execute the Nute: (a) is ca-signin�this Security Insavment only to mortgage, �rant and convey that
<br /> `- � � Bunowce'n inlc�cni iu ti�c i�w�ity w�urr iLc ict�u�uC ti�i�Se�:urity Instranent:ibj ir not personaify obligated to pay the sums
<br /> � �+ecurcd by thiK Sccurlty In�trument:und(r)ugrces that i.ender and any othcr Borrowcr may ugree to extend,modify,forbear or
<br />; muke uny uccumnuxlutlon�witl�regsud to the terms of this Sccurity Instrumcnt or the Notc without thut Barrowei s consent. °
<br />- = 13. I.�wn 4hur�tw. U'thr luun+ecured by this Security Instrument is subject to a law which sets maximum loan char�es,
<br />"4� „ und Ihut Inw i� flnully interprrhd �o thut the tnterest or other loan churges cnliected or to be collected ln connection with the
<br /> =1 luun exce�d the{xnnitted Ilmit�, thrn: (u)any wrh loan char�te shnll be reciuced by the amount necessary to reduce the charge �
<br /> .�• , . tei the Emrniiued limft;nnd tb1 nny runn ulreudy collected from Borrower which exceeded permitted limits will be refunded to
<br /> !�• , Burrowcr. l.endcr muy rlux+,r a► uutkr thi. refund by reducing thc prinripal owcd undcr thc Notc or by mukin�u direct
<br /> ' puyment ta Borruwrr, It' a relunJ rrdure, prinripal, thc rcdurticin will be trcutcd us u pxrtial prepuymcnt with��ut uny
<br /> ' �:... • . prepuyment churge w�drr the Nute.
<br /> �� � � 14.NoNc�w. Any nutirr tn Burruwcr prc►viJ�•ci for in thix Sccurity In+trument shull hc given by del9verinb it or by muiling
<br /> it My li�xt rl��..ntstil unlcti���pplirt�hir la�v rcyuires usc of anothcr methnd.Thc notire shall Nc dirccted ro thc Property Address
<br /> ` • . cir uny �►ttter uddr«� purn�wrr de.riNnutr. hy notice tu I.cnder. Any notice tu l.endcr shall be given by first class muil to „
<br /> l.end�r's uddre,> >t�rt�d herrin or any othrr uddmx. Lendcr dcsignutcs hy noticc to Borrower. Any notice provided for in this
<br /> ' Security imtrunum tih+�ll lx dcemrd tu h�ivc hcrn given tu Burrower or Lender whe��given uti provided in thiti parugruph.
<br /> „ 1S.(:ovcrning I.u«�t ticverubilit��. Thi� Serurity Instrument shall be gnvrrncd by fedcrul luw und the law of the
<br /> „ Juriuiirti�m in whici� d�e Pruprrty i+lurcited. In thr rvent thut uny provision or cluu+e of thi� Security Instrument or Ihe Nute
<br /> : � cantlirts with upplicuMle lu�►. .uch runllirt �l�uU iiut id'frct�,ther pr�wision�of thi�Se�urity Intitrumcnt or the Note which cun be '
<br /> „ given effitit �vithuut the runllirtin�pruri.iun. '1'�� thi.r�xl thc pr��vi.i�ms i�t'this Scrurity in.rtrununt und thc Notc urc Jrclured
<br /> tu hc xvra�Nlc.
<br /> � � 16.B��rn���er'x Cop►�, Hurru��rr.hnll Ik Nivrn unc rnntirrmcd c��py of dic Notr and of this Serurity Instrumcnt.
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<br /> Form 3028 8190
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