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<br /> �,;���,k�±�a,p at tha opticrn of i.ender, if mortgega insurancs covaraga (In tha amount and eor thd�s�iod that Lender requires) ��� ��-
<br /> provided by an Ineuter approved by Lender again becomes aveilabla end Is obtained.$oreower shall pay tha ptamiume �r-"-�'=-�`--
<br />� � �{r,..--;�r��,q4=- _ -- _
<br /> � ,;,�4� '�� requ3red to maintain rnortgago Irtauranco in eifect, or to provide a 1QSS reserva� untlt tha requirement 4or mortgage
<br /> ���� tnsurance enda in accordance wIth any wdtten agreoment batween Bocrower and I.endar or appliaable law. -
<br /> 9.Iaspection.Lender or ita agant may make reasanable entrtes upon and inspeatIons oi tha Property.Lender ehall
<br /> "�� �� stve Botrower notice nt the dme at or prior to en ins�stian spxifying reasonsble ceuse for the Inspeatton. �._ - _
<br /> � '�'�""''��`''` 10. Condomn�tion.The proceeds of any award or olaim for damages�dtrect or consequential,in cunneetion atth
<br /> �;�,K' �.�•ti �`' eny wndemnatIon or other taking of any part of the Praperty,or foc cartveyance in lIeu of condemnatton, ure hereby � " __ -
<br />- ;,•';.!@r.�u+:r;,;'r`x�. essigtled end ehell be psid to Letldet'. -
<br /> . ` ` ° '��' In tha event of a tatel taking ot the Proparty,tha proc:eeds ahall ba applied to the sume secur e d by t his S e ourity �=�°��4---=-.—_..
<br /> ��: � Instrument�whather or not then due.with eay eacesa paid to Borrower.In tha avent of a pacttal taking ot u�e Property tn ' '�0Y'"=_-
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<br /> " '-„' • �`� whtch the feir market value oi tho Pro immedistel before the tek�n ia uat w or ter than tha amount of the --
<br /> �t"i-:�:�=- -
<br /> f „ , P�`�Y Y B e4 � �...f,r ir;;�=_�<.-t;-=
<br /> . ,, sums secur e d by t h ia Socu r lty Inatrument Imm e d ia t e ly b e iore t he t a k tng,un less Botrowet a n d I.e n d a t o t h e r w i s e a g r e e •��;,,.,_��,�,._
<br /> � � .. � �._ in wrlttng,the aums secured by thls Securtty Instrument ahatl be reduced by the amount oi the proceeda multtplted by ` -'�%1„-;�;;;,__�-�--
<br /> � the following fraction: (a)the total amount oi the sums secured immediately before tha taking,divlded by (b)the fair .:. .' ;,'�;�;�?;."°'"
<br /> ', ' .., � � market value oi the Property immediately bafore the taking.Any balance shatl be pa�d to Borrower. In the event of a � vk v-:,t���;;;�
<br /> . . ' partial taking of the Praperty in ahioh the fair merket valua of the Property immediately before the taking is less than _ ^' �` r'��'� �
<br /> �` �� ' the amount of the sums secured immediately before the talcing,unless Borrower and I.ender otherwise a�ree in writ�ng �'f.,.,` `';�'���'';',�_
<br /> , or unlesa applicable laa otherwise provides, tha proceeas ehall be applied to the aums secured by this Secut3ty ',,,4;t::`+ ��:
<br /> Inatrument whether or not the sums ara then due. �� � :�,;"�. ...,;,-�-�••-
<br /> ' � .� If tha Property ia abandoned by Borcower,ar if,after notice by Lender to Bonower that tha condamnor offera to i�=_�:
<br /> • _-�:•--- -=-� •-��--:•- -� mske sn ar.�srd or�ttle a cleim for demages, Borrowet feils to respond to Lender within 30 daya afrAr che date the � ���-=-----
<br /> . notice is given.L,ender is authorized w coUe�t and apply the proceEda,at ita option,ei4her to restoration or repair of the � �
<br /> •���.,_._.
<br /> , Property or to the auma secured by this Security Instrument,whether or not then due. �-��-R�.;.:,_
<br /> Uniess Lender and Bonower otherwise agree in writing,any application of proceeds to principal shell not extend or 'W,;;;;,;;;�:�.
<br /> postpone the due date of the monthly paymen�e referred to in paregraphs 1 and 2 or change the amount of auch �`��+��+'°
<br /> � �. payments. , , ��-_`.��..
<br /> 11. Borrowar Not Released; Forbearnnca By Leader Not a Waiver.Extension of the time for payment or . , �'.�;;�---°-
<br /> modificatioa of amortizetion of the aums secured by this Security Instrument granted by Lender to any euccessor in . �
<br /> ' interest oi Borrower shell not operate to release the liability of tho original Bonower or Borrower's successore in � .,'y��:=�
<br /> ' interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to extend . ;�,"-` -�
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<br /> � "' time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any , °�
<br /> __ >_.�_____._.___ demand made by the origir�al Borrower or BorroNer's successors in interest. Any forbearance by I.,ender in exercising ���
<br /> any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. — •
<br /> 12.Successors aad Asstgas Bouad;Joint and Several Liabllity;Co-slgaers.The covenants and agreements '
<br /> ' of this Security In�strumont shall bind and benefit the successors and assigns of I.ender and Borrower, subject to the `� �-
<br /> provisions of paragraph 17. Bocrowar's covenants and agreements shall be joint and several.Any Borrower who co-signs . +�
<br /> this Security Instrument but does not execute tha Note: (a) ia co-signing this Security Instrument only to mortgage,
<br /> � _. :. . .. ... .s' �.
<br /> �►m�i attu wtt�cy �t�dL BGCiO�ci�6 �tii6i'25t !Q L�iG PPOpCfty undcr ihc tcrm�af this Security It�.:trument; (b) is not . �
<br /> personally obligated to pay the sums secured by this Security Instrument;and (c) agrees that I..ender and any other `�
<br /> ' Borrower may agree to extend,modify,4orbear or meke any accommodations with regard to the terms of this Security '��,
<br /> � Instrument or the Note without that Borrower's consent, {..
<br /> 13. Loan Chargea.If the loan secured by this Security Instrument is subject to a law which sets maximum loan �F` ,°,
<br /> . ' charges, and that law is tinelly interpreted so that the interest or other loan charges collected or to be collected in ��'.
<br /> . connection �vith the loan exceed the permitted limits,then: (a) any such loan charge shall be reduced b��the amount �.r�;����
<br /> necessary to reduce the charge to the permitted limit; and (b) any sums already collected irom Borrower which •
<br /> � exceeded permitted limits wiU be ref�nded to Borro�ver. Lender may choose to make this refund by reducing the ,�:"���
<br /> principal owed under the Note or by making a direct payment to$orrower.If a retund reduces principal,the reduction '" • • .
<br /> ;: will be treated as a partiel prepayment withnut any pre.Ju�yment charge under the Note. ..
<br /> 14. Notices.Any notice to Borrower provided for in thisSecurity Instrumentshall be given by delivering it or by I ': '
<br /> mailing it by first class mail unless applicable law requires use of another method.'I'he notice shall be directed to the �
<br /> Property Address or any other address F3orro�ver designates by notice to I.ender.Any notice to l.ender shall be given by � ' , -
<br /> � first class mail to Lender's address stated herein or any other address I.ender d�signates by notice to Barrower. Any � � . -
<br /> � notice provided Yor in this Security Instrument shall be deemed to have been given to Borrower or Lender when given . .
<br /> � as provided in this paragraph. � „
<br /> IS. Governing Latv; Severability.'Chis Sect►rity� Instrument shall be governed by federal Iaw and the law o!the i
<br /> jurisdiction in Nhich the Property is located.in the event that anp provisian or clause of this Security Instrument or the
<br /> � Note contlicts with applicable law,such cot�flict shai 1 not affect other pro��isions of this Security Instrument or the IJote '
<br /> -. • which can be given effect without the conflicting provision.'I'o this end the pro��isions of this Security Instrument and
<br /> the Note are declared to be severable.
<br /> , form 3028 9/90
<br /> , �—BRINE1�e+os�.o+ P•o.<e�e tniuets•
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