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<br /> '������•� • payments ffiey no longer be requ3xed,et the o�on af Lende.it moitg,ago �cuverages{�n the amount aad for the p�rladA -
<br /> ,4°,-A..:4:r,,.. tltatd.,tndeT requires)pravldedby eninauraaapprovedby Londert�inbecemesevailable endib abtained.Horrowerafi�U pay ""�--_---
<br /> ;'�,., thepremiumsrequfredta a�alntainmortgageiatiuraas�fn sfter�or to provIda aloss resceve�uttt�l therequlremeatfor martgages -
<br /> � , insuraace en�s in accord�aa vrth riay wrItten egrt��xent betweeu Bo:rowar and L�endar oa appllcabla law -�'--�::�—
<br /> . . 9. Leap�cttoa.Lendar or ita egent may make r�es�nnbleen�sIes ugon and inapectiona of the�rageer�y. l.ertdar sLell gtve ,r'•'-'„�`�:k�,=�`° -
<br /> ' �. � Hmr�awer aotica at the dme of or prtor to an tnspeciFfln apedfying reasoaablo cauce for the inspeciton. --x�;.�.
<br /> ' 10. Co�der�ria�lon. The proceeda oi an}r award or claLm for damages�dteect or conseguential,in cunner.tioa witFa eny „-,�=�""
<br /> •`... c�acl�muatlonot o9aer of an of the Pr '•�°`.''�"`�.-`--=-�-=-s__
<br /> �8 Y P� �ya or far convoyaaca iu IIeu of condemaatlna,are bereby assi�ed a�td � ��"_.-=�— _
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<br /> ' , ' • . s�aU�hagaideoLender. .��.,���„�ar.�.-.
<br /> ` � Yn thB event of a to�l talcing of the Property,the proceedsehall be appliedta t�sums sectuedby tdaia Sectudty lnistrument, . . :�:�` ;"� "�'�:r.
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<br /> � � whether or not thea due,with eny excess paid ta Bo=ro�e►er.In the event o�a partiAt taki»g af th�Pra�erty in whlch the fair , .c:"�`Y. f�'"`'.`
<br /> . marketvalue of the PropeYty immed3atslybefor�the taldng Is equal W or graater tban the emount of the sums securedby tLia ' . �'"Y:`'.'' -
<br /> .� Seauity�n�freamentimmediatelybefose the taking,anles�Borroweread Lenderotberwese agree in wrltIng, ttie sums securedby � ��_= •x�`�_.`
<br /> . , this Secucdtg Instr�ent shell be redwxd the amount of the xoceeds muld lied b the follo �,�`�`;:;,..
<br /> �Y P P Y w�n8 fraction: (a)tbe total '�`-
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<br /> amountof tbe suma securedimmediatelybefore the takin�,c�ivic➢ed hy(b)the fair marketvalue of the Progertyimmed'aately � ��
<br /> beFore tbe tah�g. Any balance shall be paid to Borrower.E�n the event of a partial taldng of the Pro�erty in whIch the fair :��X�.�;'�;°
<br /> _. . ' ' `' marketvalue of the Progerlyimmediatetybeforc Rhe taldng�s less thantke amountof the suma securedim�ediatelybeforethe ' ''�'__��
<br /> 'i,`"' unleas Borrower end Lendes atheia�ise ee in or unless hcable law otherwise rovi the roceeds shell 'r��T�-
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<br /> , ,,,,t:;";,Sv�;� , be a�sgrl�ed to the suma secured by ei�is Securiity Iastrumerat wb►Ether or uat We sums are thea duo. .: ��;��
<br /> - ,'�t'�,,;�;� ., L'�t�e Prapertyis abandonedby Borrower�or i� afternmtice by Lend�rta Borrowerthatthe coademnoroffeYS to ma8ceau '''-f'''-�—_---
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<br /> ;?�,<, , � awarai or seule a claim fo:damages,Bonower ffails to reapond W LendeY withia 3Q days after the date the aotice is giveq -_
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<br /> ., ;�'-,;,%i<<_,;'' � I.en�ris authorioedro colleci and aPP1Y the proceeds�at its option�eitherto restoratio�or repeiro€the Propertyo�to the sums ���--r R
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<br /> . , ,. ;,� sectsed by this Security Instrumen8,whether or not then due. _ �}��:�.,�---
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<br /> • � � �Jaless Lenctar and Borrower otheaar�se in w�idsr an a g p ' p �., :"°".
<br /> � 8 Y PPlicarioa of raceeds to rina al aball�ot�dend or - :;'j,�t;�_�-�.:
<br /> post�one the dus datc of thc mone�ly paymeate seferred to ia�paragraphs i and 2 or change the amouat of such payments. �„
<br /> ii. Borro►yer I�1ot l�eleas Forbearance • Leada Not a Waivor. E�ension of the time for a entor madificatton • � �',, �'� �f _
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<br /> of amortizationof the suras sccured by this Security InsGrumentgrantedby Lenderto aay succ�essor in interest of Borrovver shall . , � ��.���,
<br /> , aot�paateto release the IiabilIty of the original Bonuwerar �onower's successors in inLerest.Lender shall not ba requiredto , rt,��,_•_
<br /> �. �,�, comsaeacepraccedings againsk ar►y successor in irsterestor refvse to extend time for pa}meent or otheiwise modify amortizauon � ' ' ''
<br /> ' of the sums secured by this �ec�:�.-�y Instrument by reasoa of any demand made by the original Bortower or Borrower's
<br /> , �•-�•' �_ -_ _ s e t c c e s s o r s i Q :a O e rP�.* A a y f e z b c a s a a z e b y I:e n s l:r i n �t e z c i s i a g a a Y r i�!�r z t s a�d y s h a l P a o t b e a r r a i�r e r o f a r p r e r l u d e i h e „°,. .
<br /> . ., exercise of any rig4tt o�r remedy. ;,
<br /> � '•�'°��• �2. Saccesaors acd Avsi�s �oand; Joint and Severel iaa6Slity; Co,9igners. Tbe covenanis and agreementsof this • �•
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<br /> Security Insdrumeni sLall bind an�7 benefit the successors an.,d assigas of I.ender and Borrower,subject to t6e pravisions of �'•11;
<br /> • Para�aPh 17. Bonower's covenasa�s and agr:ementsshr�ll 4se joint and several. Any Borrower who co-signs this SecurIty � ' '��o;;'•
<br /> Instrumenibut does not execute t6ie Note:(a)in co-signing t�is SecurIty InsUrumentonly to mort�age,grant and convey that '
<br /> Borrower's iaterest in the Property under the u:rrns of this Security Instrument;(b)is not personally obligated to pay the awns .,'�;
<br /> securedby this SecurityInstrurnent;and(c)aBtesthatLendesand any otherBorrowermay agreeto eatend,modify,forbesror � �Y �
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<br /> make any accommodations aiBi regard to the terms of this Security Instrument or the Note arithout that Borrower's coasen� �
<br /> 13. I.oaa C . If the loaa secured b tl�is Securi l[nstrumentis sub'ect to a law which sets maximum loau cLar �'�
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<br /> and that law is finally iaterpretedso that the interest or other loan charges collected or to be collected in conaection with the ' ., �.: �
<br /> loan exceed t�e rmittedlimits,then: a an such loan char e shall be reduced b the amount ae g '�"�`°
<br /> (se ( ) y g y cessary ta:educe the char e r;� �r
<br /> , to the permiaredlimit;and(b)any sums already colleded from Bonowerwluch exceeded permittedlimits will be refundedto ��:�''.�
<br /> • Borrower. Lendcr ma chaase to znake this refund b red� ' the nnci al owed under thc Note or b m ' ;;;''��,:; ' '=;`;'�
<br /> : Y Y � P� P Y a1Qng a direct
<br /> '� ' paymcnt to Bonower. If a refund recduces prinapal, t3�e rEdtnction will be treated as a partial prepayment without any ''`>:���r` ��'�
<br /> ��' � ' , r. 1.',�.
<br /> � , prepaymcntchargc undcr the Note. '� ',:',:;';
<br /> I id.Notices.Any notice to Bonowcrpr•o��id�d for ia this Security Instrumentshall be given by deliveriag it or by mailing � � �<���:
<br /> ' it by fust class mail unless appGcable law requires use of auother method The notice shall he directed to the Property Address � , ^ �"H
<br /> � or any other address Borrower desigaates by nodce to H.ender.Any notice to Leader shall be givea by fust class mail to � • �
<br /> �' . I.cnder's addreas statedherein or any othcr address L.enderdesignatcs by notice to Bonower.Any notice provided for ut this � °
<br /> ,� Securiry Instrument sball be deemed to have been givea to Bonower or l.ender when given as provided in this paragraph. ' '
<br /> 15.Governing Law; Severabilf8y. Thia Secusiry IasUument shall be governed by federal law and the Iaw of the � � �
<br /> ",;:''.���'.,' jurisdiction ia which the Properiy is located.In the svent that any provision or clauss of this Security Instrumentor the Note ` �
<br /> � contlicta with applicable law,such coaflict shall not affect other provisions of this Security Instrumeator t6e Note which can be �
<br /> , � g'iven effect without the conflicting provisioa.To this eno3 the provisions of tl�is Security Insttumentand the Note are declared r
<br /> . to be severable.
<br /> '' 16. �orro�v�r's Copy. Borrowershall be given one conformedcopy of the Note and of this Security Instrument �
<br /> � Form 3028 9/90
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