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<br /> payments mny no tan�er tse nquired.at tho option of Lender.if mortgage insurance coverage l'����� �perlod
<br /> that I,enaier requices)providod by bn insnrcr approvod by Lender agaln bmcomes avallablc and is o4�tair�cd. Barrower stwll pay
<br /> the pnmlums roqufred to snsinte.tn nwrtgage insutanco In effcxt.ar to pravido a ioss reserve,unttl the raqulrr.tncnt far mortgage
<br /> irs.gurance ends!n eccordinx with eny wdtten agrament betwan Bormwer and Leuder or applicable law.
<br /> 9. Inspectiop. l.ender ur its agent may make r.asonablc enMes apon end inspecdons of tho Pmperty. Lcr�der shall gtve
<br /> -� Borrower notia at tho tirna ot or prlor w sn Inspxtion spaitying reasonablo causa far ihe in�pn�iiuu. ---
<br /> -�---------� 10. Cond.ennntstdon. The proceeds of any ewnrd or cisim for damages. ditect or wnsequential. in conncetion wlth uny
<br /> condemnatian or other taking of any parc of the Prapetty.or for conveyanoe!n lieu of conde�mnatton,are henby a.gslgned end �
<br /> shaU be patd to L.ender.
<br /> In ttie event of a total taking of the Pmperty.the pmoceds shall be applied to the sums secured by this Security Instmment.
<br /> whethor or not then due. with eny excess paid to Bomawer. In the event of a pa�tial taking of the Prnperty in which the feir
<br /> market value of cha Pmpeny immediataly beforc the taking is equal to or grcater than che ar�ount of the sums secured by thiA
<br /> -'_= Secudsy Iastrument imm�diately before the talcing,uniess Borrower end L.ender otherwise agree in wrlt�ng.the sums sauresf by
<br /> this Security Instn�ment sh�ll be reduced by tho amount of the proceeils muluplied by the follawing fraMlon: (a)the totel
<br /> -� amount of the sums securod immediately•before the taking. divjded by (b)thc feir market vt�lue of the Property Immediately
<br />= ' befare tha takins.Any balance shall be paid to Borrower. In tho event of a partjal takfns of the PropeRy ln which the fntr
<br /> !'� I market value of the Property imme�iately before the laklns ia less than the amount of the sums se�ured immadiately befone the
<br /> :�:
<br /> --. taking,unless Borrower and Lender otherwise agrec ln writing or uNess applicable law otherwlse pmvides. the proceeds s
<br /> � "�' be applied to the sums secu�+ed by this Secudty Instniment whether or nat the sums are then due.
<br /> ` If the Property!s abaudoned by Barrowor.or if,aftcr noticc by Lender ta Horrower that the rnndemnor offers to make an _
<br /> award or settle a claim for damages.Borrower fails to respond to Lender witttin 3v days after the date che noiice in givcn. ° -
<br /> Lender is author�zed to collect and appiy the proceeds,at its option,either to restoration or repa3r af the Property or to the sums
<br /> • � secured by this Securlry Instniment,whether or not then due.
<br /> Unless Lender end Borrower otherwise a@iree in wdttn�. any applicatton of proceeds to principal shall not extend or
<br /> 13 postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the anount of such paymenta.
<br /> �
<br /> : li.Borrower Not Released;Forbez�rance By i.ender Not a Waiver.Extension of the time for payment or modificacion
<br /> . � of amortization af the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shall
<br /> ��`,���°�`-� � `c', � not operate ta release the liability of the original Barrower or Borrower's successors ie interest.Lender shall not be required to
<br /> -`Y�,,.+��:;r;..,�,.,. ' I commence proceedinga against any successor in interest or refuse to extend time for puyment or otherwise modlfy amortization
<br /> �`���` ' ' of the sums sec;ureil by d�is Secur�ry Instrumcnt by rcuson of uny demand made by the original Borcower or Bormwer's �___
<br /> - �.j;.:�.,'.. . 1�;;�° �u.x�ss�rs i�inieresi. Any fa� by Lender in sxcrc[sing sny right or rFm�1y ahail not he A waiver of or preclude the , _
<br /> �°+°�:�;.� � . exercise af any right or remedy. . ---
<br /> u `��..�,;�' 12.Successors atid Assigns Bound;Joint and Several Liabillty; Casignera. The covenants and agteemenu of thls
<br /> • Security Instrument shall bind and benefit the successars und assisns af Lender and Burrower, subject to the provisicins uf �-�° _
<br /> �-...
<br /> . � paragraph 17. Borcower's covenants and agreements shail be joint and several. Any Borrower who co-signs this Security o,:�."
<br /> ` Instrument but daes not cxecute the Hote:(a) is co-st�ning this Security Instrument nnly t� mortguge,grant und convey that J•'`•��
<br /> • � • Battower's interest[n the Property under the terms of tBis Securiry Instrument; (b)is not personally abligated to pay the sums .
<br /> `� securecl by this Security Instrument: and(c)u�rces that l.ender and uny othcr Bonower may u�rce to extend. modify. forbear or
<br /> ,, ,,,; mukc any ucrommodutions with regard to thc tcrms af this Security Instrument or the Notc without thut Borrower's consent.
<br /> 13.Loan Charges. If the loan secured by this Security Instrurnent is subject to a law which sets maximum loan charges.
<br /> • and thnt luw is finally interpreted so that thc interetit or other loan charges col(ected or to be collected in connection with the
<br /> � . ,, - toAn exceecl the permitteci limits, then: (a)any such laun charge shaU be reduced by the umount necessary to mduce the charge ..
<br />- � to the permitted limit;nnd (b)any sumx ulrcudy colicctcd frum Borrower whinc�xceecicd permitted limits will t+e refunded to •
<br /> � � � Borcower. Lender muy choose to make thix refund by reduring the principal owed under the Nate or by making a direct
<br /> i . • payment to Bonower. If u rcfund reduce+ prinripal, the rcciuction wil� be treutcd ax u partial prepuyment without any
<br /> _- --�-- prepayment charge under the Notc. r - .
<br /> " ' � 14.Nottc�.Any noticc a> &�rrowcr providcd for in this Sccurity Instrumcnt shall be givcn by dclivcrin6 it or by mailing �
<br /> , it by f ir+t c 1ASS mni! un less app lica b l c l aw r e y uires uk of�inothcr methcxi. The n�xice shalt t,e dimctcd ro the Pro p erty Addmss
<br /> ar any i�tlier address Bcittc�wer designutes By nntice to l.ender. Any notice ti� L.�:nder sh:tU be given by first class mail to
<br /> Lender'.address stuted herein or any�ther address l.c:nder designute, hy notire to Bormwer. Any notice providecl fur in this
<br /> • .� Security Instrument shall be decmed to have becn given to Borrc�wer or Lender when given as provideci in this parabraph.
<br /> � ' IS.Governin� I.aw; Severahility. This Sccuriry (nstrumcnt shull be gavcrncd by fcderal law und thc law af thc
<br /> �� jurisdiction in which the Propeny is Iexuted. In th�evcnl that any provisian or rlause of this Security Imtrument or the Note , ;
<br /> • conflicts with app�icubie law,such amtlict chull not affect other pmvisiems of thi.Security in,trument ur the Note which cun be
<br /> " given effcct without thc wnflicting provision. T��this end tlm pruvixians uf this Security Instrument unJ the Notc um derlar�
<br /> � to be severnble.
<br /> :' { � 16.Borrow•er'h Copy.Burrower shall hc given��nc c�mtnrnxS cupy��f the Nutc und of this 5eruriry imtrumc�it.
<br /> Fwm 3028 8190
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