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<br /> .. __,_.�,,;,�,,, paymenta may no longer be required,at th�aption af[.ender, if mortga�e insurance wverage(in the nmount and for tha podod �,�,w.�,;,;,_�,:�.-
<br /> j�`�"'�" ' that t,endor requires)provided by un insurer approved by Lertder aguin becomes available and is obtained. Borrower ahall pny �,��� -_�
<br /> ;",4,;�.�:,b ,�•� the premiums required to ma�ntain mortsage insurnnce in effect,or ta provide a lass reserve.until the requlrement tor martga}�e r,���x_ --
<br /> _�"'±:'"��''" �''" insurartce ends i�atcordance wlth any written Agreement Netween Borrower and L.ender ar applicable law. �t'�^�,�—,r,,,�
<br /> r:.i,.r_i��i Wr..•:- •_,�=�'x,v,�&Y:.�='=*�'-y'R_
<br /> 9,Inspestion. T.endcr or its agent may make rensanuble entrles upon nnd inspcxtions of the Property. Lender shull givc
<br /> �'`�"`�`���``` Borrower notice at the dme of or priar ta nn inspectlon specifying reasonable cause for the inspection. �'•��:�����=-
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<br /> `.;v -. -h 10. Con�emnation.The proceeda ��t any award or ctuim for damuges, dira:t or a»�sequentiat. in canncctiun with any - �;fr , - --
<br /> ,,!;;• rr r condemnatton or ather takin of an art of the Pro rt ,or fur conve ance in lieu of condemnation,are hereb assi ned and +
<br /> � Y P Pe Y Y Y S .p"''�'�.0•�-
<br /> ' �" ' shall be paid to I.ender. " :�;�;;r'r��._
<br /> �! ,:. -;";-� Ia the event of s wtal taking of the Prop:.cty,the procceds sha11 bc applied ta ti�a swn�acx:wexf by this S�urity Iristrument. " �;,sfl :_ -�--
<br /> . whether or not then due. with uny exce.ss patd to Borrower. In the event of a partiul taking of the Property in which the faIr �. � ;�,��.�n.-=
<br /> '. ....�' market value of the Property immediately befor�the wlcins ls equal ta or�mater thun the amount of the sums secured by this ,,; ' �"''�`�
<br /> ° Security iRStrunaent immediately before the taking,unle�.s Borrower and Lender othenvise agree in writing,the sums sccured by ' '..�;�L;���, -
<br /> . . this Security Instrument shall be reduced by the amount of the praceeds multiplied by the fallowing fraction: (a) ehe total � • .��s�'��r`
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<br /> amoutte of t�lte smms setured immediately before the takin�, divided by (b)the fair market value of the 1Pcog�rty immvdiately � .. '.�:�:;�;'_
<br /> - ' �efore the 2aki�n�. Any balance shall be paid to Bornnwer. In the event af a partial taking of the Property in wfiich the fuir 't� .- � �'��� �""'"'"
<br /> market value of the�roperry immediatcly befare thc taking is less¢Qean the amount of the sums secured imntadiately before the � ���r�.����! —
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<br /> taking, unless�orrower and I.ender otherwise agree in writing or unless a�ppticable!aw oiherwise pro�ides,the proceeds shall �•'''�!`-�"r'._..
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<br /> � ;,'F• be applied to the swe�s secured by this Security Instrument whether or tt�t t�Ze suams are the�a due.
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<br /> � � If the Property nsabandoned by Borrower,or if,after notice by Len�er ta�orrower that the mnde►n�or offers to make an •:,��
<br /> • , " award or settle a ctaum for damages, Borrower fails to respond tQ Leend�r ���i�hin 30 days after the dat¢the notice is given. . ' "�'��"
<br /> ° Lender is authorized tocollect and apply the proceeds,at its option, eiQher tu restoration or repair of the Property or¢o�ak+�sums '��` '�,�—
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<br /> � secured by this Security Inurument,whether or not then due. �i;�.:�G��*,�s..
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<br /> • � Unless I.emder and Bormwer othenvise agree in writing, any applacation of proceetis to principaE shall not exs�:nd or , ,�,«,. t;:;�.:,;._
<br /> s ne the due da�e of the monthl ments referred to in ara ia hs 1�d�or chan e the amount of such a ments. ��,.r'�;'-�-
<br /> . P�� Y PaY P P P S P Y F.�.,=
<br /> � � I Il.�o�a�rm�er 1QIr;Released;Forbearance�y Lender Not a Waiver.Extension of the time for pu�•ment or modification , ���!!�"���_
<br /> � ' :� , of amortization of the wrns secured by this Securiry Tnctrument granted by I.ender to any successor in interest of Borrower shall `�`��
<br /> `���•t not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be required to .:,�,,,�.,��
<br /> '",'rti ji;'t commence proceedings against any successor in interest or refuse to extend time for paym�nt or otlierwise modify amortization `�
<br /> " �, ---
<br /> � � . of thc sums secure@ by this Secority Instrument by reason of any dertrae�d m�ade by the ariginal Borrower or Borrower's _��°. '�
<br /> , �.-� � �:; successats in intemst. Aay forbearance by Lender in exercisin�any right or remedy shuil not be a waiver of or prectude the ` ' ' ` `
<br /> '.���";;`>•: �' exeQriae of any right orremedy. , ° „
<br /> �:�;'�,''�} D2. Successors and Assigns Bound; Joint and S�vera0 Q.isilbility; Co-signers. The covenants and agreements af this ' ?' •
<br /> • Security Ynstrument stiall bind and benefit the successors and accigns of L.ender and Borrower, subject to the provisions of .. 3�� , .
<br /> �- paragraph 17. Horrower's covenants and agreemenu shall be joint and severtel. Any Borrower who co-signs this Security '3'� �?'�t7'�.
<br /> ,•�:tii•,:•• s �`t ; �:
<br /> Instrument but daes na cxecute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and convey that •� , �. •
<br /> $orrower's interest in Ihe Property under the ternis of this Security Instrument; (b)is not pe�sonnlly obligated to pay the sums � �
<br /> .. �� �;� secured by this Security Instrument;and(c)agrees that L,ender and any other Borrower may agree to extend,modify,forbear or ��s�""•
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<br /> , ,;,y`,,k,,.,,. , make any accommodations with regard to the terms of this Securiry instrument or the Note without that Borrower's consent. � •.�
<br /> ;: � 13.Loan Charges. If the loun secured by this Security Instrument is subject to a law which sets maximum loan charges, �+
<br /> � . ' •, and that law is f inally inYerpreted so that the interest or other loan charges collected or to be collected in connection with the � '
<br /> foan exceed the permitted limits, then: (a>any�uch loan charge shall be reduced by the amount necessary to reduce the charge � .•�,� ��
<br /> "i�-•• to the rmitted limit:and(b)an sums alread collected froni Borrower which exceeded ermiued limits will be refunded to ��
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<br /> , `,,.,:�•.•� • Borrower. Lender may choose to make this refund by reducing che principal owed under the Noie or by making a direct � �
<br /> ; , .•., payment to Bormwer. If a refund reduce� principal, the redu.tion will be treatecf a+ a partial prepayment without any .,,:��� ..: -
<br /> � � , prepayment charge undcr the Note. � � ;���,,�,.-�,p�,�
<br /> 14.Nottces.Any notice to Born�w•er procideJ for in IFu.S:.vrity Instrument shall he given hy deii:c,:ng it or by mailing �� .,�,,•�,;`� t'+:i� 1
<br /> `id�'i' `' it by first class mail unless applica3�1�[au requires use uf anoc?r;r methexi. The notice.hxll t*r Jirertc�w the Property Address � :�':��.;"�,. � �
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<br /> ,. �{��;.�� , or am• other address Borrower dzxi�reates by notice ta Lender. Any notice to I.ender .4hall be gi��en by fir�t class mail to �,�,.:�:,!;,� � ,��,�j
<br /> � •+�lu '
<br /> '�� ° �,�%�` Lender's address stated herein ur any other address Lender de�ignatc. b}• rt.�tice W&mowrr. Any notire provided for in this . ' "
<br /> � �� Security Instrument shall be deemed to have t�c�e�tiven to Borrower or Lert:t�r n'.:en gi�•en as proviJeci in�his paragcaph. �.`.'-
<br /> 1S.Governittg I.a�c: Severabil[ty. Thi� Sat�ariry Imtrument shall C�t _o��erneci b�� fecicr.�l law• and the law� of the ,.
<br /> jurisdiction in which tFie Pmperty is located. ln the e��ent that an� provision��r clau.e of this Security Imtrument or uha Note �.
<br /> conflict�with applicable law, such conflirt shall not affect ather pmvisian�of this Serurit} Imtrument ar the Note whirh r,�n be
<br /> given efrect without Cl..e conflic�in�prci��itiion. Tu this end the provisiom of thiti Securit} in.trument and the Note:ue declared �' '•��}��_
<br /> to be severable. It ,`'. �
<br /> 16.Borroover's CoQ�y.Borr<�NCr�hall he gr�en one rontiirnie�d copy of the Notr anJ uf thi.Security Instrun�ent. ;
<br /> Form 3028 9190 i"•� ,
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