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<br /> payments may nn langcr be t+equirod.at ths option of l.endet.lf nwrtga�o iasarence cavcmge(in�ho amaunt a�tJ fur tho pY.z a
<br /> -=-��s;��� thnt L,ond$r Poquires)provlded by nn insurcr appmved by I.ender ngAin bc�c�mEy nvaile�bte und is obtnined. Bflrro�ver shxll p�y --
<br /> '-�;;�:�;';;�".' � - tho�Sremiums roquiced to maininim m�»gr�ge insvrartce 6n Effect,ar ta pmvide A lass res�er+rs.until the re�E�teenfs;nt Eor�srtgagd — --. �. -
<br /> " � �`'� '�� insuranre ends in uccordunce wlth nny wrjtten agrcrment betwcen 8attawer and I.Ender or applicubfe inw.
<br /> :�� ` ,-_
<br /> �1,-;r•.-��_Y 9.InsperNan.l.cndcr ar ita agcnt muy muks rcagonuble entr[es upan and Inspectians nf tho Rm�erty.Lender ahall give
<br /> ?' •�-.-* , . . Bnrrowcr aatice u!thc time oF nr pdor to un inspectian spccifying reasanabte cause f�r the lnsprrtion.
<br /> ,.:d;"t.... y+.,.
<br /> ----
<br /> _.,�„•_���x,.�;_.�: 10. Condemnatlon.The pmceedx af an� uwurd or cinim for damuges. direct nr rnnscyuentfal. in cnrt�nection with any �
<br /> -•• ', � condemniuion or uther taking af uny part of the Pn�peny.ar far canveyunor in lieu aP candemnutian,are herefiy uasl�n�urtd .—�—
<br /> -- !+ha!!bc ptdA!o l,rnAcr. ----
<br /> �• � I�the ca•ent of a tatnl tnking of the Prop�rty,the proceeds shull tw appfied to the sums sQCUred by this Secu�ity Instwment, --- --
<br /> . ..., . .
<br /> whether at n�t then due,with uny execss paid to Barrower. in the event of a purtial tuking of the Property in�vhich the fui� - --
<br /> � ' market vulue of the Pmperty immodiately before the taking is equsl to ar greater than tho amaunt of the sums secured by this �.-�
<br /> ... . .
<br /> .. ... :�� . .. � -
<br /> ' `'�`'. � Secudty Instrument imniediAtely bofo�the taking. unless Borrower and Lender otherwis$agree in writing.the sums secu�ed by ����— - ---
<br /> this Securlty Instn�ment shsll be reduced by the amount of the proceeds multiplied by the followin� fraction: (n)the tatnl _____
<br /> � „ amount of the sums secured immediatcly before the takln�.divided by (b) the fair market value of the Property immediately �-=_
<br /> • before the takin�. Any balance shall be paid to Borrower. In the event of a partial takln� of the Pmperty in whIch the fair = -
<br /> . market value af the Property immediutely before the taking is less than the amount of the sums secured tmmediately before the __ _
<br /> " taking.unless Bornower and I.ender otherwise agree ln wrlting or unless applicable law otherwise pmvides.thc praoeecfs shall =_
<br /> be upplied ro the sums secured by this Security Insttument whether or not the sums are then due. �--�
<br /> " If the Properay is abaadorted by Eorcower,or if,after notice by Lender to Borrower that the condemnor offers to make un �``='�
<br /> R��.-a;x:�_
<br /> award or setele a �laim�fou claeieages. Baerow¢r facls eo respand to lxceder within 30 days after the date the notice is given. -==-
<br /> I.ender is cuthorizod cm mlCect amd a�pply uhe Pr�ce�s,ae i4s option.eicFeer e�rrstosatioa or r��paar.of ette 8roperty or to the sumu �1����
<br /> � ' secoared by tbis Security[ns¢runreent,wheRQter or no¢then dae- _-==T_--'.
<br /> . ' ' '�.�,;�,' Untess I.ender and �anower a�thenwise agrce in wri�img, any applicatian of p�s to principal sha9t na�t extend or
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<br /> . pnsapone the due date of the nzmnthly payments referred to in paragraphs I and 2 or change the amount of such�►a�r+�ents. �;�;.Y`.r
<br /> ��v�t 11. Borrower Not Releas�;F'or�Carance By Lender Not a Watver. Extension of the ticme far psayment or modification '"` '-`
<br /> ��t�:`��
<br /> '`'�.: ��� of amortization of the sums secumd by this Security Instrument�ranted by L.ender to any su�exss�r an 4nterest of Borrower shall : :.�c:�:_
<br /> . .:,�,. =�.-'-..—
<br /> ,.:;�.�, � • not operate to release the liabilicy of the original Borrower or Borrower's successors in nc�ter�st. 1.e�aar shaQ not be required w :�,�::'
<br /> ""�+�' �• rnmmence proceedings agaiast any successor in interest or refuse to extend time for�a�mca�e or atherwise modify amorttzation " Si?:�=�^--�— _
<br /> .I:�t�i..;.,�... .
<br /> •�!-�:��._.___.�.�� of the sum.c �ecurai hv thi� Secu�tv Instrument bv reason of anv demand made by the ari�;inal Borcower or Borrower's "`� . . �
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<br /> ;t;F�.t;��nF�;,� successors in interest. Any forbeamnce by�nder in exercising any right or remedy shalt not be a waiver of or preclude the
<br /> : ,3.44�;y.:�:; exercise of any right or temedy. ��;,:�.n .
<br /> ' '• ' f�� 12. Successors and Asstgns Bound; ,ia3nt and Several Liability; Co-sig�ers. The covenants and agreements of this ,�t', .��
<br /> ��`�`��1` ' ' Ser:,•-ity Instrument shall bind and benefit the successur� and assi�ns of I.ender and Borrower, subject to the pr�ovisions of .
<br /> �"!, � ilTi:^ra h 17. Borrower's covena»is urad a rexments s;�a.: he oint and several. An Bonower who co-si ns this Securit - •"--,��;�
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<br /> •'''l-' Instrument but does not execute the �;.�te: �a� is co-signing this Security Instrument only to mortgage,grant and convey that . , „�''
<br /> '.;. Bc�rrowcr's interest in the Property under thc terms of this Securiry Instrument:(b)is not personal�� obligated to pay the sums
<br /> �•���'sJ. '' ��% secured by this Security lnstrumern: and �c)agrees that Lender and any other Barrower may agree t�*extend,modify,forbear or '''� ! �
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<br /> ;>`�:%.��� ' , make any aceommc�dations with regard t��the terms of this Security Instrument or the?�a�aF without t'hut&>rrower's consent. =•-�,.
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<br /> � 13. Loan Char�;es.If the loan �ecured by this Security [ntitrument is:,ubject to a l;i�ti whi:h x�ts maximum loan charges,
<br /> :�:;:�;ji�; �;,"��;�.
<br /> . .. , and that law is finally interpreteJ s�that the interest or other lo;�n cha-�es collected or to be coilrcted in conn�rtion with the ..;.�;��
<br /> loan exceed the permitted limits,then: la�any tiuch loan churge shal'he reduced by thc amuunt neressan• ta r�duce the chsiage �.;:%''��4�.�.!�
<br /> f"':-�4-.�-.
<br /> " ta the;+�rm+tted limit; anci thi am� .umti uir:ady collec�t�Yi fn�m Borrower which excecded permiited limit<«•iil he refunded to rj`r�
<br /> " ,r'��. B���reower. Lender may ch�H�se tn make thi. refund h�. rectucing the principal <��tie.! uncier the Note or b} m�kdng a direct ,�:', ���`�''`
<br /> ��i:,`.•':; p,itiment to Bocre�wer. If A re.'and reciuces principal. ^t�: reductiim �vill he tr��ue.: a+ a panin! prepayrrr::. without any ::.. .,: ;.,,� >�.. ';.,
<br /> '-i'�� •� prcpaym.�;:�harge under the!��,te. �l;;, � iiS�i�', ' '
<br /> ' ��" 14. 1lottces. Any notice to Borrnwcr pnn•idce!for in thi+S��urity In�trument.hatl he givrn M delivering it or by mailing . '�s't���
<br /> .,. j;`,..: '- :.;�;i�:.
<br /> ' ���;-; it by first cl:as>mail unletis applirablr IaW reyuireti utic of anuther mtthc�d. The notice,hall he direrteci to the Property Address �
<br /> :.";�'t, ,r"j',�r or any i�ther aJJres� Burrrn�er detiignate+ by notir� ti� Lrndcr. An�� notice to Lrr:.lrr .hall lx gi�•en by first clasc mail to •_�,";;. . � -
<br /> `r;::::�:'�.. .
<br /> ::.:�;•.. .• ��i: t.rndcr's ad�ireti� �tated h�rrin ar any othcr addrr» Len;t,r dr�ignat�� b� nuti�c t�,�3nrru�vcr. Anp noticc provided for in thi� ;;�`::��'• . . ,
<br /> f!`.':';, Srrurity Inst rumcnt tihall t+c derm�til ta havc hern�.i�en m&�rru��•rr��r l.rndcr��h�n=n en a�pro�•ideei in this paragraph. .,
<br /> �,� •, ��� 15. C�oer�n5�g I.a�+�; Severabilit�. Thi> Securm intitrumcnt sha!1 t+e go��emcd by fedcral law• and the law ofthe ��f�'�u1,�.
<br /> ,�l,::*._;�.
<br /> °�:!.:i,, ju�l�dicliim nn��hi�h thc Prupert)• i�l�k•alrJ. �n tltc c�rnt that an) pr.���.io�n or clauu ut'thi.Scruriiy Instrument or thc Ptote �:.�;:.i •
<br /> � , contlict��cit�t:�pplic:�ble la��.such rontld.t+ha:l nut ac'ier� nther pruvi+icm���f thn S:�urit� instniment ur the Note w•hich ran be .
<br /> � gi�en cffitt withi�ut the r��:il',i:ting pruvi.i�m. Tu th+.�n,: t1�c pruvi�ion.��C�h�.ir.unt�•Imtrumcnt and thr Nute am declurai .
<br /> � to bc uverablc. `
<br /> 16. liorm��er'ti Copo.B��rroatr�h.dl l`c gi�•�n unr runli�mi�Y!ri��� c�t th:\;:::�nJ af thi.Srrurit� In+trumcnt. ,. .
<br /> Form 3028 8/90 '
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