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<br /> _ --- �-��:� � 84- so�ol
<br /> `� _'�"'"`""''�m�-"'� at tha option oi Le�dar, if mortgage ineurance coverago (in the amount and for the perIod that l,es►dcr requires) ------
<br />' ���„- provlded by an insurer approved by Lender again becomes avallable and Ia obtatned.aorrower eh�ll pay the premtums �`��-�''�--�.--
<br /> required to maintain mortgage ineurence in ettect�or w provIde a losa reserve, until the requIeement for mortgage
<br /> ;nsucanca ends ta accordance with any wr�tten agrcement between Borrowet and Lender or applicable lew.
<br /> , �;� 9.Inepeotion.Lender or ita agant may make reasonebla antrIes upon and inspectiane oi tha Property.i.ender shaU
<br /> �� �-_� --_ give Iiorrower notica at the tlme oi or prIor w an inepeatton speaifytng teasonable cause for the Inspeat4on. _
<br /> � 10. Conde�nnatlon.The procuda of any eaard or claim tor damages�dirart or consequentjal,in conneotion wlth °_ _- - - - -
<br /> ..;, ' �``"� .,r..-::"'`' any condamaotion or other wktng ot nny part oi the Peoperiy,or for conveyance In lIeu of condemnut3on,�►re hereby ��`` -
<br /> -.4-• YMf. • es.aigned and shall be patd to Lender. �__ .
<br /> , �:''�~-��-' � In the evant ot a total teking ot tha Property,tha pmceeds ahall ba applied to the suma secured by thla Seourlty --
<br /> • ,�._..�_�.�--
<br /> , �����a':�r� �. .'=i Instcument�ahether or not thats due�aith any excess patd to Borrower.In tho event uf a partial taking of tha Propetty In ''�s='
<br /> • i�X 1� � . . �:�.._.----
<br /> whtch tha fair market value oi tha Property immedIately before tha takIng is equal w or gceater than tha amount oi tha �,�r;�r;;;.._ .
<br /> � ��o; `� ~"��t. auma secured by this Secuclty Instrument immediately before the taktng,unless Horrowor and Lender otherwlso agrea ';�,�;,;���,�-=-�_-
<br /> �` ''.'" - in wrIting,the eums secuced by t}►is Seaudty Instrument ehell ba reduced by tha amount of the proceeds multtplied by °: • '�!;�'�4c:{,�;�_;_
<br /> � thc tollowing freatton;(e)the total amount of the suma secured immedtately beforo the tak�ng.divlded by(b)the iair ' , :��;.ii� -�`r�:
<br /> �. �'"�' � market vaiue of tt�e Property tmmedtately betore the taking.My balance ahall ba patd to BorroNer.In the event oT a ��-� ;.�,'��"��'�`�:�:
<br /> � , a . •�, ��,� t:�" �::.�;.'.-
<br /> , partiel taking of the Property in ahich the fair market value ot tha Property tmmediately beforo the teking is less than � � ��}„
<br /> �, �•� • tha amount of the suma secut�ed tmmediately before the taking,unless Borrower and Lender otherwisa agee in wrtting •:�.,�'�':�'�` -
<br /> ' �� � or unless applicabla law otherwlse provtdes. the proceeda ehall be applied to the sums secured by this Securtty � �
<br /> - Inatrument whather or not the sums ate then due. . ,;;� ;=
<br /> :� . , �,��;-
<br /> If the Property ie abandoned by Bonoaer�or ii,after aotIce by Lender to Borrower that the condemnor oltera to • ,�„���"s
<br /> , '...
<br />_.. . ��;;•�:_,_._�__=.;�..�,_ ms�e en award �r aettle n claim f�r damages, Bunower taila to respond to Lender within 30 days atter the data the °�• -� ;.._a��=��� •
<br /> notice is gtven,Lender{s authorized to collect and apply the proceeda,at its option,e�ther to restoration or repatr ot the - =� - -
<br /> �� •
<br /> . " , Property or to the aums secure.d by this Security Instrument,ahether or not then due, • -,-F��=---
<br /> � Unless Lender and Borcower otherwise egree in writing.any application ot proceeda to principal shall not axtend or "'. .��-�_._-
<br /> . ' postpone the due data ot the monthly payments referred to in paragraphs 1 and 2 or change the amount of auch , `�?ti;.` --
<br /> ' �;_._
<br /> • ' payments. � � L..
<br /> •� •� I 1. Banower Not Released; Forbearaace By Lender Not a Waiver. Bxtension oi the time for payment or • .� "�=?�+F��. �
<br /> • " • � � modtfication of amottizetion of the sume secured by this Security Instrument granted by I.ender to any successor in �,.�.
<br /> � ' interest of Borrower ehall not operate to release the liability of the original Borrower or Borrower's successors in . ' •��'. ='
<br /> � interest. Lender shall not be requlred to commence proceedings againat any aucce.ssor in interest or retuse to extend ..�-
<br /> time for payment or otherwise modify amortizetion ot the suma secured by thia Security Instrument by reason of any ;;�;-,
<br /> --------
<br /> � demand made by the orlgin9l Borrower or Borcower's auccessors 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 and Asslgns Bouad;Joint aad Several Liability;Co-signers. The covenants and agreements 'r . �
<br /> of this Security Instrument aha11 bind and benefit the successors and essigns of Lender and Borrower, subject to the '". >, �` �
<br /> � provisions of parngtaph 17. Borrower's covenants and agreements ahall be joint and several.Any Borrower who co-signs � ,j
<br /> . this Security Inattument but does not execute the Note: (a) is co-signing this Security Instrument anly to mortgage,
<br /> - •• grant aad convcy that Basrancr's inter�t in the Property under the terms of this�cz�rity Inatrument; (b) ia not ' `1 ��
<br /> � personally obligated to pay the sums secured by this Security Instrument;and (c) agre�s that Lender and any other � ,�"
<br /> Borrower may agre�to extend, modify,forbear or make any accommodations with regard to the urms ot this Seturity _��
<br /> Instrurr�ent or tha Note Nithout that Bonower's consent. • •
<br /> � . 13. I.oan Cdarges.If the loan secured by this Security Insttument is subject to a law which sets inaximum loan " ' "�
<br /> charges, and that law ia finally interpreted so that the interest or other loan charges collected or to be collected in : :�
<br /> connection cvith the loan exceed the permitted limits, then: (a) any such loan charge ahall be reduced by the amount �-
<br /> . necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borcower which .;�.,.�i'•
<br /> ex�xded permitted limits will be refunded to Borrower. I.ender may choose to make this retund by reducing the • �-%,
<br /> principal owed under the Note or by making a direct payment to Borrower.If a refund reduces principal.the reduction �
<br /> wi11 he trested as a partial prepayment withait any prepayment charge under the Note.
<br /> , 14. Notices.Any notice to Borrower provided for in this Security Instrument shall be given by detivering it or by �
<br /> mailing it by first class mail unless applicabie iaw reqi►ires use ot anocher method.The notice shall be directed to the '
<br /> Property Address or any other address Borrower designates by notice to I.ender.Any notice to Lender shall be given by � ` '
<br /> tirst cless mail to L.ender's address stated herein or any other address Lender designates by notice to Borroaer. Any � �
<br /> notice provided for in this Security Instrument shall be deemed to hsve been given to Borrower or Lender when given �
<br /> as provided in this paragraph. �
<br /> I5. Goveraing La�v; Severability.'This Security Instrument shall be governed by federal 1aw and the lery of the .
<br /> jurisdiction in which the Property is loc:ated.In the event that any provision or clause of this Security Instrument or the i
<br /> � Note conflicta with applicable law,such conflict shall not affect other provisions of this Security Instrument or the Note •
<br /> which can be given etfect without the conflicting provision.�l�o this end the provisions of this Security Instrument and
<br /> - the Note are declared to be severable.
<br /> ' ;
<br /> Form 30Z8 9/90
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