- . `�.w. .� �il�:� - -T—'
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<br /> .a +M '_—___'.,_—.—^—'� "
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<br /> �� payme�ta may no longer bc rcquircd.nt the opiian af Lender,if martgage inAUrnnce caverage(In thL�nn[oun�Zf�����°d
<br /> that Lendcr requires)prnvicled by un insurer approved by I.cndcr aguin bFxomes avuilublc und ig ubtaincd.8anawer shuU pay �-------
<br /> the pn�.miums tequired to maiatain mortguge insurance in effect,ar ta provido u lau reserve,untit tl�e rcquirentent for mortgaIIe
<br /> inaurance ends in accardartce with any wrltton ugreement between Barrower and Lender or nppltcuble law.
<br /> 9.In.specttun. l.ender or ita ugent may make rcusanable encrles upon artd inspections af tho Property. l.ender shsll give
<br /> � , �� Borrower noticc nt the time of or prior ta un inspection specifyin�masonablc cnuFe far the inspection.
<br /> .�t:�....,.:::.. ..... 10. Cnndemnutlon. The proceeds of�ny uwnrd or ctalm far dore�ages. direct ar consequential, in connection with any = T
<br /> ' •' � candemnatian or other taking of any part af the Property,ar for wnveyance in lieu of condemnadon, are hereby assigne�l und =_ --
<br /> .f� j.i•�—t1.•��,f: sh�ll be puid to ixnder.
<br /> -"�:.�. '^� :;<<;,�, In the event of a tatal tukins af the Property.the proceeds shall be applied to the sums secured by thia Security Instrument. �____ ___. _ _ ___
<br /> •�'�<<`�'���•�. whether or rtot then due,with any excess puid ta Banower.In the event of s►partlal taking of the Propetty in which the fair
<br /> � .��•. „'` ° ' �• market vulue af the Property immediately before the taking ie cyual to or greater than the smount of the suma secured by this =---
<br /> �. . .. . --
<br /> ��-`�:,
<br /> � � " � , Secu�ity Inxtrument immcdiatcly befare the teking.untess Barrower and L.ender othcrwlse asme in writing,the sums secured by - —'°---
<br /> °� � � this Securlty Instrument shatl be reduced by the umaunt af the proceeda muldplicd by the foilawing fmction: (a) chc total ��������� �
<br /> �,. - �oF�..�=__--
<br /> ; . amount of the sums secured immcdiutcly before the tuktn�, divlded by (b)the faIr market value of the praperty Immediately �,� �_���.,,...
<br /> ' � before the taking. Any bulancc shnll be paid to Horrower. In the event of a partial taking af the Property in which the fair —,,r„��;�,-
<br />�� ' "" market value of the Property immediutely bafore the taking is less than the amaunt of the sums secured Immediately before the . �Y
<br /> � . I � takin�,unless Harrower and l.ender otherwlse ngree in writing or unless applicable law atherwise provides, the praceeds shall ::';.r_,��;�-°—'
<br /> :..;.r-•
<br /> � be applied to the sums securtd by thls Securiry Instrument whether or not the sums are then due. ,:..��•�---
<br /> � If the Pmperty is abandaned by Bonawer,or if,ufter notice by Lender to Barrower that the condemnor offers to make an t!�':�;�':�.���.�
<br /> ...,.
<br /> �:• � .
<br /> -----=—'---�•—=: • �n•�rd or:ettle a clafrn for demege�. Rnrc�wer fails to respond to I.endcr within 30 davs aker the date the noticc is given. '�°-
<br /> � I..ender is uuthor�zed to colicct and apply the proceeds,at its optton,either to restoration or repair of the Property ur w the sums :. ; ,�` --
<br /> secured by this Security Instrument,whether or not then due. • " �'�'c�;..�._.
<br /> , , ' iiniess Lender und Barrower otherwise agree in writing. any application of proceeds to pr�ncipal shall not extend or „ -.- —
<br /> � � postpone the due date of thc monthly payments referred to in parugruphs 1 und 2 ar chan�e the amount of such payments. ' t ;r,,,y_�,=,_.
<br /> I 1.Borrower Not Released;Forbearance By Lender Ivot a Waiver.Extcnsion of the time for payment ar modification -
<br /> of amortization of the sums secured by this Sewrity lnstrumcnt granted by I.ender to auy successor in interest of Banower shall • �'�__—
<br /> not operate to release the liubility uf thc original Horrower or Borruuer's suceessan in intcrest. I.ender shall not be requlred ta .-=-- _
<br /> commence proceedings against uny successor in interest or refuse ta extend time for payrnent or otherwise modify Amorttzation '��`
<br /> � of the sums secured by this Security Inrtrument by reason af any demund made by the ori€inal Borrower ar Borrower's • ' •��_��
<br /> .,.
<br />_ ' _ successors in interest. Any farbearancc by I.endcr in excrcisinR any ri�ht or remedy shall not bc a wuiver of or preclude thc �.��_,.
<br /> exemise of any right or rcmeciy. `--T
<br /> . 12. Successors and A�iRa4 Round; Joint and Severnl LiabiUty; Casigners. Thc covenunts and ugrecments of this ,
<br /> Securiry [nstrument shall bind and bencfit the succc�sors ancl ussigns of'Lcnder and 8orrower, subjcct to the provisian�of :;�
<br /> puragruph 17. Borcower's cavenants und ugrccnunts shnll he joint und +cverul. Any Borrower who cu-tiigns this Security ;y
<br /> Inxtrument but dnec not execute the Note: (u)i+ co-signing thiti Security Intitrument only to mortgage, grunt and ccmvey thut � •>
<br /> --- .. . . _ . .. .
<br /> . tsorrowcr� �ntcrest �n thc rro n undrr tiu tc�m+u� w„Se�w�t hni�u����at.(L-;i;�,:;t conalt•• :�:;°°•»a t:: •t.".�sumr: —. ._--.. "` . .
<br /> P� Y Y � � , t,...,. psy .
<br /> secured by thi+Serurity lnstrument;und(c)ugrcex that Lender und uny other Horrower may ugrce to extemi, mcxlify, forbeur or �f f"
<br /> make any uccommod�tianz with regurd to the termx of thi�Security Inurument cir the Note withnut that Borrower's consent. ,
<br /> 13.l.oan Char��s. if the loan,ecured by thi�Srcurity Intitrumrnt iti suhject to a law whtch sets mnximum loan charges. �'•��r
<br /> ; and thut luw is tinuliy interpreted�o that tl�r intcre,t�rr uther I��un churgcs reillerted or to he collected in connectiun with the �
<br /> ; loan excecd thc permittcd limitti,then: !u1 any�urh loan rhurgr tihall br rcduccJ By the amount nc�eswry ai redurc the rhurge ,���w� �,��
<br /> 4 tn the p�:rmitted litnit: und tbl uny .um�alrcuJy cullerted fr��m Burruwrr which rxceed��f {xmiitted limit+will be n:fundeJ ta ���--
<br /> . Borrower. [.ender may rhoutie tn muke this refund by reducing the prinripnl owed uncicr the Ncite or hy makinb u direct •�.•`'/ �
<br /> pnyment ti� Borrnwer. If u rrfund redurc� principul, thr mdurti�m will hc trcutrd a+ a purtiul prepuyment withuut uny
<br /> � .. ' prepayment chargc under thc Ncttc. " _
<br /> 14.Nntices.Any n�uice to&�rrower pr<�vided ti>r in thiy 5crurity Inytrument,hull ix given by Jelivcring it or by muiling '
<br /> it hy tir,t cla.s mail unless applicablc luw rcyuirr�u�r uf arnrthcr nxth�xi. Thr n�nicr .hull tx dircctcd tu thc Property Addre+s � '
<br /> or an�� oihcr .iddreti, &irrowcr Jc.i�nutr. hy nutire to I.rixlcr. Any notirc tu Lcndcr .hall hc givi�n by tir,t rt�ti� mail tc� ' -
<br /> Le�xicr'.uddre�. .tuted hcrcin�r any othcr uJJress Lendrr Jc+ignate� by nutirr to Hcirrnwcr. Any ncnicc pruvidul fiir in this '
<br /> Sccurity In+trumcnt shull bc dcetikd to hucc bccn givrn tu Bun�uwcr ur L.cndrt whrn�;ivcn as prcieiJcJ in this paragtaph. , � ��
<br /> 15.Governin� I,ua�; tieverabiltty. Thi� Scruriry Intitrument .hall hc �±u���rne�1 by frJcrul luw urxi the IJK' Ot�Illl` �
<br /> .lurisdictiun in which thc Pruperty i, larutcd. In thc cvcnt tlwt un��pru�•i,iun or rlau�c uf thiti Scrurity Imtrument ur thc N�itc
<br /> cnnfliciti���ith upplicublc law,�unc�untlict�hall nnt affcrt othcr pru�itiium uf thi�Sccurit}• In,trumcm ur thr Nut�w•hich can bc
<br /> given cffcrt a•ithout thc rontlirting pio��i.iun. To thi.cnd dir pru�i.i��n,at'thi.Scrurity In,tninhnt unJ thr Nutc arr drelarrd
<br /> •� to bc ,c��crublr. .
<br /> �• 16.Bc�rrm�•cr's Cop�•.Borrowcr�hall br Ei�cn imr ronliir�ncd rup� of thr Nutc an�t iif thi� Scrurity In,truntrnt. �
<br /> Form 3028 9190 j
<br /> P�.M.Q��1 f�
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