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<br /> i payments may rto langer be rcquired,ut the optian of L.ender, if m�artgase ln�iurunrc cavcrage(i�he umA�Tl��Pertod
<br /> ihat Lcnder rcquirca)provided by nn iasurer npprnvcd t�y L.cad�r u�xain bscomes avallahlc and is obtu�ned.Ba�rrawcr shall pay
<br /> �"'�-��� � ��'�'t=`� A�e premtumy rcyaired tu maintain mortgugc insuran�c in cffcct,c�e h�provide u loss rescrve,ur�til thc requirement for mongnQc �.,.,
<br /> insurunca cnds in accordance with uny written ugr�Pmcnt bctwcc�r.�lorro�vcr und l.eitrler ar applicublc luw.
<br /> 9.Inspectton.Lendcr c►r its agent may mak.c rcusonublc c��irics up�n und 1ns�pccNons of the Property. Lertder shull givo
<br /> — Borrawcr noticc nt thc timc uf or priar ta un inspNCtian s�sccffyin��rcuYanablc cuuu fc�r thc inspcction.
<br /> !0. Condemnation.The prixeeda�f any nward ar clAinx fy+r damuIIct+, dircrt ur conscqucntiul. in connectfon with any
<br /> condemnutton ar othet takin�af uny part nf the Prnperty.nr for, c�mvcyunce in Ileu of cundemnutiun,are hereby nssigned and
<br /> L� shull bc paid ta l.cndet. `-
<br /> .•q� In the evcnt of u totat tukiog af thc Prape�ty.tho praccedy at��tl be Appltod to thc nums sccurec!by this Security lnsteument.
<br /> whether or nat then duc.with uny excess paid tn Burrawer. Iro the event uf u partiv.l ta k ing��f t he Prope r ty in w h ic h t he f a ir
<br /> . market vuluc of thc Praperty immedi.�tely befcrcc the tnking tn ecyvai tu ur greater than the umaunt af the sums secured by this =__.
<br /> '". Sccunty In�trument Immediatcly before thc tu�;ing,unless�orrc+�Yer und l.ender atherwise ugree in wrlting,the sums securcd by =
<br />;y: thi:► S��curiry instrumcnt shall bc rcduccd br tho amount of tSut. proce�i.K multiplie�i by thc fallowing fraction: (n) thc total —
<br /> - amaunt af the sums r�ccured immediatety bcti�re the taking, diYiciM by(ta) thc tair niarket vulue of the Propc�tp imme�iatcly �--
<br /> i. before the taking. Any bnlance shall be paid eu Burra�ver. In the event of n partiul takinb af the I'roperty in which the fa�r
<br /> market value of the Property lmmaliately befnre the taking is 1¢ccs thun the amuunt of the sums secured immediately before the
<br /> wking. unless Borrower and Lender otherwiac ugrce in writln�{ur unless �pplira6lc Inw othcrwise provides, the proceeds sh�ll ��'_:.
<br /> ' ''' be applied to the sumg sccure�i by this Sccurity Instrwttcnt whethar or nnt the sums urc then due. �•-
<br /> [f the Propetty is abandoned by Borra�ver,or if,at'ter nati�c by [.cnder to Borrower thut the condemnor uffers to make an �,�,,
<br /> award or settle a claini for damag�s. Bonnwer f;tils tn rcspnrrt.l ta Lender within 30 Jnys nfter the dute the notice is given, --"
<br /> �.• • Lenc+er i�authorized to coliect and apply th�proceeds,at!ts optic�n,either to restaation or repair of the Froperty or to the sutns �;%`_`,.
<br /> , �, ,� secure�t by this Security Instrument,wheth�r or not then due. �L��x�
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<br /> •` . Unless Lender us►d Borrower othera�ise aRrce in writin,g, any ap�lication of proceeds to principal shall not extend or :
<br /> ,. ,�.; postpone the due date af the monthly payments refermd to in pa�rugruphs I and 2 a change the amount oY such payments. ,�:=,"
<br /> , ' � " 11.Borrower Not Released;Forbeamnce By Lender N�E a WAivcr. Extension of the time far payment or modification �
<br /> � '�?'�;�f�� of amortlzation of the sums secumd by this Security Instrurnetrt�runted by l.enderto nny successor in interest of Borrower shall �'.�.`.�
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<br /> =?�•�'�.�•�� �- - , not operate to release the liabiliry of the ariginul Borrower or B��rruwer's ,uccesson in interest. Lender shall not be required to
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<br /> • � commence praceeciings aga�nst nny successor in i�temst or refuYe to extend time for payment ur othenvise malify amortization H�-
<br /> . �K ��y . .^ -
<br /> , , Y,, uf the sums secured by this Security Insttument by re�ason of any demunJ made by the ori�inal Borrower or Borrower's
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<br /> :::.k;s�s•,;:1,.' •':•_, su�xessors in interest. Any forbe:uunce b��Lender in exercising uny right or remedy shall not be u wuiver of or preclude the
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<br /> .��;�..._-_:a�...r exerclse of anv ri�ht or cemedy. •
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<br /> �'�`*+'y'�"''`�` IZ. Successors and Assigns Bound;Joint and Sev�ral I.iability; Co-s�gners. The covenants and ugreements of this
<br /> �� �,��F��-��`••��- Security Instrument shall bind and bcneflt the suc��essors ar�#assigns of l.cnder und Barrower, subject to the provisions of e�-�_=.
<br /> n� `` + paragrnph 17. Borrower's covenants and agmements sh�ll Ex joint und seveml. Any Borrower who co-signs this Security �'�,�,
<br /> � ~r,��,y.'.�"t�'t Instn►ment but does not execute the Nota:(u) is co-si nin this Securit Instrument onl to mort • e, rant and conve that ``+-
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<br /> ;'�;-R.�.`-'t �= Borrower's interest in the Property under the terms of this Secur�ty lnstrument;lb) is not personulty obligated to pay the sums - .
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<br /> -�;�^'�=���c';�`• '• '°'�'` secured by this Secudty Insttument;and(c)ugmes that L.cnd4r artd uny other Borrower may agree to extend,modify, forbcar or ;
<br />-' °;,�'�.''"`•"?*;�` muke nny uccommodacions with regard ta the terms of this Serurity Instrument or the Nute without that Borrower's cnnsent. .
<br /> `�"';�'�'�~'.s•'►^:'•. 13.Loan Charqes.If the loan secumd by this Security ln.�trument is subjat to a law which seU muximum loan charges.
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<br /> ,���f�,;.�. and that law is finally interpreted so that the interest or other loun churges collected or to be collected in connection with the
<br /> ''*� ���• •�= 'h•ti� loan exceed the permittvd limits, then:(u)nny tiuch loan charge shali be raiuredby the atnount necessury to reduce the char�e
<br /> ��' �'#� '�~�" ' to the pecmitted limit; and(b)any sums aiready collected from Bomuwer which exceeded permitted limits wiU be refunded to
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<br /> ' ; }.��;:T Borrower. L.ender may choose to make thib refund by reducing the principal owed under the Note or by making a direct ,
<br /> � �� '""`��"'• payment to Borrowcr. If a refund mduces principul, thc r�duction will be treated as a partiul prepxyment without any
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<br /> ,��;�,. , , .•� prepayrt�ent charge under the Nate.
<br /> '�"�'� �yy7�'�,� �"'' ' 14.Notices. Any nodce to Bonower provided for in this Securiry Inatrument shaU be given by de{ivering it or by m:iiling
<br /> •:��'�;:'i'.�;s�'• • it by first class mail untess applicablt�luw rrquires use of another method.The notic�;ahall tH;directed to the Property Address . '
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<br /> "'`�;�.,,,::,:.:f;;.:: . or any other address Borrower desi�natea by notice to lxnder. Any natice to Le:nder shall be given by first class mail to
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<br /> •���•r.��. . Lender's address stated herein or uny other addre�ss Lendar designutes by naticeto Borrower. Any notice provided for in this
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<br /> '.}�:,. . Security Instrument shall be dcemed to have bcen given to Borruwcr or Lcndcr when given:u pmvided in this paragraph.
<br /> .. "?���; ° 1S.Governing Law; SeveraUility. This Sccurity Instrument ahall bc govemed by federal law und the luw atthc
<br /> '2��;"' � jurisdicdon in which the Property is lorated. ln the event thut any provision ot clause of this Security Instrument ur the I�Iote
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<br /> � �w:`:; - conflicts wid�applicable law,such conllict shull not affect other provisions of this Security Instrument or the Note which cun be
<br /> '•r"���'�}����• � iven effect without the rnnflictin rovision.To this cttd the ruvisions of t{�is Secari Instrument and the Note are declared
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<br /> �,f: ;. tu be severable.
<br /> 16.Borrower's Copy. Bonow�er shull be given orte cunformed cupy of the Note und of this Security instrument.
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<br /> ,,.,.:::".�F... ;t!£' Form 3028 9190 �
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