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<br /> � •;*�•'�r�•�y ' paymente may na langer be requireci,nt thc��pdon af I.endcr,if nx►rtgage in�,urunre cavcrngc n he umuunt an w perlad �,.,�-- ---
<br /> � :,+x•��^�-�=•Y that I.ender requlres)pravided by un fnsurer a�ppruvcd by l.cndcr uguin bcc��mcy uvuitublc und is uhtidncd. Horn��ver hhull pny ��'�:`-_'r1:-.a�=
<br /> ''���'�"���� ` ti�e remlumn m uircd to maintain man u c inyurutice in cffcct. ��r tu rovfdc i►lu.rs rescrvc.until thc rcyuirement fi�r murtguge ��="'==�°"
<br /> s :5:;��1..a. P y B B P = �......_�—
<br /> _ ' insumnce cnda in ucrardance with any wriucn ugrcemcnt bctween&►rrowcr und l.�nder ur upplicublc luw. �-_-�
<br /> ' °' •� r 9.Inspectlan. I.cndcr��r ite ugcnt muy mukc rra�+onnhlc cntrics up�m und in�pcctiia�s iii�hc Propcny. t.�ndcr hh�dl �tivc ,_;,.___
<br /> � �:1�~� &►rrawcr nnticc at tho timc of nr prinr tn un inspccdon eprrlfyfng rcusonublc cuunc fi►r thc innpcctiun. �'�
<br /> ` .. ' � 10. Candemnation. Thc pr�xccd� af uny awa►sd ��r duim f�,r dnmugcs, dircct ur run�cyucntinl. in ronucrti�+n with �mY '^°�_;r�•-r�;�.,:,-,.--
<br /> � r, � � �. candemnstian or other taking of uny purc of the P�aper►y,ur fi�r conveyunce in tieu��t'amdemnuH�►n,ure herehy�4+Signcd und .,�,,,,g;;,n;� --�
<br /> :,..�<�,�.., � °:��.�' shall be puld ta Lcnder. �':`�"�`�.-�'�,�.
<br /> � ln thc cvent af u tatul tnking of thc Pmperty. the pruceeda shall bc upplicd t��thc sums a��curcd by this Sccurity Instrument. .
<br /> � . whether ar nat then due, with any excess pnid to Borrower. I�the event ��f u purtiul tuking of thc Propcny In which the i'nir ' � o- •?��.' �
<br /> � . , market value of the Praperty immediately befarc the tukins Ic equul to or greuter thun the umount of the xums securaf by thfa '
<br /> , � Securlty Instrument immcdiAtely befare the taking.unlcss Horruwer and i.ender otherwitic agrec!n writing,thc xums�xured by ., • -
<br /> . this Security Instrument shuQ be reduced by the amoune of the prcmeecis muitiplied by the foUowing fructi�m: (u)the totul � , � . -_
<br /> -= � ---°-R--=- ai�tuiii'ii uF Irii: 5iioia. 56Cuiw imr:�cdiatcly BCfai:l�IC t���Slg. d'!•,}�1� h� !h�th!'fg�r tlTR!'�!nt volnn n{t�!' Pln�n�Y ispmrrliutn�Y �. � '-
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<br /> � �:r., `� before the tuking. Any balance shall be paid to Borrower. In tl�e event of a partial tnking af the Prapeny in which the fnir • '�
<br /> J�' " • �• market value of the Property immeciintely before thc tnking is leu thun thc umaunt af thc sums�ecured immedia!ely bcfore thc ' r
<br /> taking, unless Borrower and Lender athenvise agree in writing ar unlesc applicablc law atherwlse provides, the prcxccciti shail -
<br /> x � . be upplIed ro the sums secured by this Security Instrument whether ar not thc sums are then due. � �
<br /> . ' ,�, If the Property is abandoned by&►rrower,nr if,after noticc by I.endcr to Borrower that thc condcmnar affcn to make an '� :�_
<br /> - -- '_' � —� --- uward u� acuia u ciattzi for damages, Q3r�aw:.r fails ta resp.nnd ta L.cndcr K•ithin 3Q days after the dste the notlec Is git�en. ---_.- - - --=�''�-_':
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<br /> ' i.ender is authorized to collect and apply the proceeds,at its aption, either ta restomti�n or repair of the Property or to the sums . �„ ;:�•-i
<br /> � „ , secured by this Security Instrument. whether ar not then due. � ��
<br /> Unless L.ender and Borrower otherwise agree in writing. any application of procecds to principul +hall not extend or -
<br /> .,
<br /> • postpane the due date of the monthly payments referrcd t�in paragraphs I and 2 ar chan�e the amount of such psymentc. -
<br /> I l.Borrower Not Released; Forbearance By I.ender Not a Waiver.Extension of the time for payment or modificatiun • �'-� .
<br /> . of amortizadon of the sums secured by this Serurity Instrument �rantal by l.ender to any s�ccessor in interest of Borrawer shall � . ;.-
<br /> not operate to relcuse the liubility af the cxiginal Borc�iwer or BoROwcr's successor+in intcrest. L.cndcr shall nat be required to ���,;.F.
<br /> commence proceedings a�ainst any successor in interest ar refuse to extend time for payment or othctiwise modify amortizution "' `""� �
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<br /> af the sums secured by this Security Instrument by reaton of any demand made by the ori�inul Borrower or Borrawer's ''•�w'
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<br /> :_ __________ surcecsors in interest. Any forhearance by Lender in exercisin�anv riFht ar remr,ciy shull not bc a wuiver af ur preclude the _ � '�
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<br /> f exercise of any right or remedy. � ;; S
<br /> ' 12. Succ�sors and Assigns Bound; Jolnt end Sever»I Ltabtlity; Co-si�ners. The covenunts und ugreement. of this . ,
<br /> Securiry Instrument shatl bind and benefit thc�uccesson utxi ussi�;ns of Lender und Bormwer. +ubjert to the pr<wisions af � �r;
<br /> paragraph 17. Bnrrower's cavenants und ugrccments shul! be jaint and �cveral. Any &rrrower whn co-signs this Security ,. �
<br /> � instrument but d�x:s not execute ihe Note: lu)ir co-zigning this Security Inxtrument only tc� martgage, grant and convey that ''�` �
<br /> � Barrower's intcre+t in the Propeny under thr tcrm���f thi.Scrurity Instrumcnt:lb)is not personully obliguud to puy the sums • ,r�<�
<br /> • secured by thiti Security Intitrumcnt; und (c)ugrec�thut I.cndcr a�xi ainy nther Borrawcr muy ugree to cxtend,m�+dify, forhe:►r or ',' y.�"r�'
<br /> � muke any uccomm�xinti�ms with rcgard t�thr tcrm�uf this S�YUrity Intitrument<�r the Note without thut Borrower's r.<mknt. . .=�+•
<br /> • 13. I.oan ChurRes. !f thr I��rn��cur�d h��thi�Scruriry in+trunxnt is yubjcrt t<�u law which+et�muximum loun churges, �' � �
<br /> • . und thut luw is finuliy interpretrd���thut tlie int�re.t ur other I��an churEr.culiertcd ar a�bc cuUected in ronnectiun with the �
<br /> � Inun exceed the rmitted limit+,ihen: ta►an wch luun char���h:►11 he redureJ b•the umuunt nece+w tu redure thr char e ''i'1M-
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<br /> - tn the permitted limit; and (b)uny +um� alrcudy co�IrrteJ frnm &rrruwcr which excecdcd prrmitted limit+will bc rcfundcd to . � ,
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<br /> � • Borrawcr. L.rndcr ma y chou�c m makc thi. nt'und h y rrduring thc prinripul oweci undcr thr Ncitc or by making u dircrt r�%
<br /> '� payment to Bormwcr. if u ret'unai r�duce. prinripal, thc reduction will bc trcatcd u. u partial prepayment without uny I ' .
<br /> . � p�payment chargc undcr thc Ncitc. .. `
<br /> 14. Notiees,Any notice to &�rn�w•�r pra��idrJ ti�r in thi. Security Instrument�hall be given by delivering it i�r by muiling �
<br /> it by fir,t clu�s muil unlctiti 3pplicahlc lu�ti•rcyuirc,u�r��f unuthcr mcthcxf. Thc nutirr �hull bc Jircrt�d to thc Pm�rty AdJrcti� �
<br /> ' ar any athcr address &muwcr Jc�ignutcs hy n�nicc tu [.cnJcr. Any nutiec to IAndcr +hull ix givcn by tir,t rlx�ti muil to . •
<br /> L.cnJcr'.uddrex,stuteJ herein or uny��ther uJdre..Lcnder Jc.ignutc�by notirc to&�rruwcr. Any nutice prcwid��i far in thix �
<br /> Seturit} 1�s+truju�nt.tti.,lt tw�x:�w�tal::.:�b;:a �ic�n tc�8cirrc,�ecr or Lcndcr�rhrn Fi��eti a�,pru�•iurd i�i thi:.F::rr:::;':. � . -
<br /> � 15. Governin� I.aw; 5everuhility. Tfii. Srcurity Duirunknt .hull he guverned hy fcdcral lau• und thc law of thc
<br /> • jurisdiction in which thc Property iti lorutcd. In thc cvcnt that any provi.iun ur rlau�r uf thi.Sccurit�• Imtrumrnt or thr Nutr �
<br /> e<mflicts with applicublc law.+unc�ontlict sliall n�n aflcrt athrr provi.iun+of thi,Srcurity lrntrumcnt��r thc Ncitr N�hicli run hc i
<br /> �iven effect without the contlictin� provisi�m.T��thi�enS thc pruvi.iunti o(thi.Serurity Intitrument und U�c Ne�tc are drelarrd -
<br /> . , t��bc sevcrablc. �
<br /> � � I 16. Borr��x•cr's Cop�•.Burrowcr�hall hr Eivrn��nr r�mfi�rmed r��py��f thc Nutr and of thi�Scrurit�• imtruntcnt. �
<br /> � Form 3028 9190 '
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