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<br /> ---- p�ym�.mq,�al,tt�s{yter be required.�t ths apiion oi I.ender.yt'cnc+�t�a inpuc�erx+covwya(ia tiae�nrwoi�a�i u�H+s p:an.i.
<br /> tlut i.erKicr rec�u�t':;9}provlSed by u�ineur�r approved by l.ender a�aln bn�an��vdt�bl��nd 6x nbd�ined. �w�w�r sl,�it�!'
<br />- - tiic�n�e.lill{Ilil9 Ai:t�::�icd tn inuli�tafn�n+�rtgsbe insurr�usa tre cffr.ct.,c�r t�►p�t�vidn a lu=, re�th�c�unRil tl��rrnuitr.ment fnr`in�+it�a�e
<br /> iunur+u►ce eiut��n ascnrdrmce with wny wtttie•n a�nxment Uetwcen Hctirmvnr aa�t I,�ncler or�ppliubies law.' .
<br /> 9.lat�pe�clCan.I.rnder or it�aaer�t tmy m�lce re�a�k�le antriat vp�m�it►xpectlans o(the ERx�perty. �+der�uill�ive
<br /> Borrnwcr natlar.,at,��ti�+pf'cvr p�lt>t.t�,�ry,�nslxction apoclfying rea�nruiNlc uuee[�rthn ioupoixi�n. .
<br /> 10. Gontlt�qtq4tilHt.Thc pr��tcalF,�q�;�Wy awxcd ur clalm i�r diun�ge�, direct or ccxuequcntiAl. in oo�inertia►with any
<br /> rn��demna.ttan ar qthWr tak�ng oi'any pu�,►,q��it►o Property,or for canvcyane+s in li.cu of wndemttatien.are iser�ebY �tltned ard ' .
<br /> '�— ---- - shail fio pafi.d to l.ar�eA.
<br /> In tha evencpf�tat�t�►k1A�;r�the PrnpertY.tt�prucead�shAll bo�p�+➢ied ro tho r�ut�isocurod by thls Seatriiy.lastrumei'it,
<br /> whethcr ar nat th��dtEO,.wlth��tq15,�Fss Paid to Aorrowcr. I�tha cvcnt of a paruial taking af the Property in whirh the fair
<br /> market v�lao of th�Pmp�+ty.im{{�di€�P„�YI befdre the wk3ng is eyuA!co or greater than the amaunt of tho sums sccured by this � ,
<br /> . 3ecurity Inswttt�t�imtttaii�ct�►l�pfnnz,lty�taking.unless f3urm�ver and Lander oth�rwfse agra In writin$.the surr�sectu�ed by
<br /> this SECUrity �nstrum�t,sl�a�l,�4xt�rcduqmd by the ctmount af the proceeds mp(ttplicd bp tho foUowjng frustion: (a) tAc totri
<br /> ` umount of the.sums�securGd irtt�rtlt�i�(y��ketorc d�e laking. divided Uy(t►)th�fair markcx valaa of tha Property �nte'.Y
<br /> - beforc tha wlcing, Aay baA�sh�Ji,;bp•p�iq�,to Borrawer. In tha evem of a partial taking of tt►e Properry in which tho fair
<br /> -_ market value of th�a Pmps�cRy imtRtYdi�q{yibe�'a�a the wking is less thun tho amount of tho sums secured immodistely befoCe the
<br /> taking,unless Barrawea und LandGt.othe�;�,�agnee in writing or unJess appticable law otherwise provtdes.tho proceeds shal�
<br />_ be npplled ro tha suttls secarc;d by thibSectariqt��nstrument whether or not tho suma ure then duo.
<br />_.
<br /> If tha Property is,abattdpn�by Bqtrlol��s'.or if.sRer notice by L.etder to Borrawer that the cottdemnor offus to make An
<br /> . - -___ __ _ uwaM or settic u claim for daa�t�ges. Barr�v� fnils to cespond to I.endar within 30 days nher the date the nutice is giv�n.
<br /> L.ender is uuthorizc�d to wllact t�nd apply�thp pt�lp�ds.at its option.either w restoration or repuir of the Property or to tha suma -
<br />- securcd by this Secut3ty.Ins�ttuta�nt�.wt�ttteat or,f�nt then d¢e.
<br /> Unless Lt;rtder und Bumawer otheFvuis�Agi+�s in writing, any applicetion af proceeds to principal shall not extend or
<br /> =_ ' postpone tha dus daca of the monthlyp�Yme�at�.�'EaiYr�to in parngraphs 1 and 2 or changa the amount of such pAyments.
<br /> ' � 11.Bot�uwer Nat Reles�sccl;lFar�ar�nt�t�y I.endar Nat a Walver.Extension of We time for payment or macliBcation
<br /> of amortiTadon of the sums securad hy thi�Sec�s�ity Instiument grante.cl by l.ender to uny successor in interest of Boaawer shali
<br /> I not operate to rele�se the liubilit}�of th�origiAi�1�Borrower or Borrowra's successors in interest. Lender shall not be required to
<br />- i commence praceedjngs against uny suacessor In interesc or refuse to extend ame for payraent or odierwise modify amorti�tian
<br /> � of the sums secured by this Secwityr lnsirrament by reason of any demand made by the or�ginal Bonrower or Bomower's
<br /> i successors fn intarest. Any forbeamnc�by �.Qnder in exercising any right or temedy sha11 not ba a waiver of or preclude the
<br /> . -
<br /> •Y ; = exercise of any dght ar remody.
<br /> 12. Succxssors und Assigas Bountl� Joiat end Several Liabfllty; Co-sigaers. 7'he covenan�a and agreemencs o '
<br /> � Securiry Insuume�nt shal! bind and banafit the successors and acsigns of Lender and Hnrrower, subjett to the pmvislons of
<br /> prragruph 17. Borrower's covenants and agreements shall be joint and several. Any Bonower who co-signs this Security
<br />- ' , instrument but does nat exeGSts the�Nota: (a) i�co-signin�this Security Instrument only to mortgage.�rant And convey that
<br /> �; . ; Bomower's interest ln the Property und�t the terms of thIs Securiry Insuument:(b) is rtot personally obltgated to pay the sums
<br />- � secuned by this Security Insuurtteat;and(c)agrees that Lender and any ottier Borrower may egroe to extend,madify.forbear or
<br />. I make any accommodations with regard•ta the terms of this Security Instrument or the Nate without that Borrower's consent.
<br /> �.,: 13. I.oan Charges.If tha loan securect by this Secudty Instrument is su6ject to n law which sets maximum loan charges.
<br /> � and thnt law is finally interprated ao tD�at the interest or other loun charges collected or to be collected in rnnnection with the -
<br /> , ���_f i loan exceed the pem►ittod fimits,che�: (u)uny such loan charge shall be reduced by the nmount necessary to reduce the chstrge
<br /> �.'4ti•�;� , to the permittc�d limit: and (b) any surns already collected from Borrower which exceeded pernutted(imits wil!be refunded to
<br /> "�'�' � Borcower. Lcndar may chaase ta.make this refund by reducing tha principal owecl ander the 1Vote or by making a direct
<br /> ' � � payment to Sorrower. 1f n refund reduces principai. the reduction wiU be treaited ns a partfal prepayment without tiny =�
<br /> ,,; _
<br /> '� t;,, � "�y'"f`.", �: pmpayment charge undet tha Iv*ote. _
<br />. , _ �i?���;`�'•'• ;�;��: 14. Notfc4s. Any notice to i�urrower provided for in this Securiry Instrument shall be given by delivering it or by muiling -
<br /> �' �� ��°�"1. ""'c• � it by Grst class mail unlesa applicable law requires use of anather method. The noticc shall be directed to the Property Address -
<br /> ��+k� . . . . or uny other IIddrras Borrowe� designutes by notice to Lender. Any notice to i.t:nder shall be �iven by Frst class mail to =
<br /> _:� � Lender's addresa stated herein ur any other uddress I.ender designates by notice to Borrower. Any notice provided for in thia [
<br /> -T�- IL.,,,�K�': .. Security Instrument shal!tw dertmcd to have been given ta Borrower or Lender when given as provided in this paragraph. f �
<br /> , �' ' IS.Govem(ng Law; Severabiltty. Thi� Security Instrument shall be govemeu by fedcral luw and the law of the
<br /> � • jurisdiction in which the lin�perty is located. In the event that sny provision or clause of this Security Instrument or the Note
<br /> � '" , conflicts wlth applicable law,such conflict shnll not uffect other provisians of this Security Instrument or the Note which can be
<br /> ���s"�''•'��.,� '� given effect withaut the coafllctin�provision.To this end the provisions of this Securiry Instrument und the Note are declured '
<br /> _ �`.i to be scverable. �::
<br /> '•��;���,� � 16.Rnnrower's Co . �.,;
<br /> p� Borrower shall be given one conformed cnpy of the Notc und of this Sccurity Instrument.
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<br /> , Form 30a8 9180
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