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^ .. • � -.N�. - . � �.`� ,4tJ.. 1 <br /> .,`� 5� A +JJR'� <br /> .�� � <br /> ,t <br /> ' - ' � - . . - u " �� <br /> i , . . ,� , ` , ' ,� =� ���� <br /> P <br /> ,. —p�'�r�i tb�res Yequ�t�ea,�t tne opcwn oit:en�.�r a�s��e i�or��von�6im�raa�a�uuia-periaa . . .. <br /> that Lcndcr roquim)provicind hy rn incurc�approvcd by i.cndcr egwtn becamcv avulwtrle end Is obtair�ed. 8urrucver sh�tt pa� . <br /> th�preiifiun�c reyui•cac�to iziaintuin nx�rt�nAe i;u�tra�xc in eifest,�r ta pr�►vide u lusa r��xrve,u�til tt�e reyuereinent tor mu�gagz <br /> ins��rat�cc erw1�ln.�cu�inrx�with uny written agrcement t�twecn flurmwex ancl L.enQer.ar appllcabla�aw.' <br /> �I.i�ctioa.l.e�dec or ita�gent ni�y m�ke rra�ble entdea upon and inyw�Nnnn ot tt�e PropeKy.Lender ehall�ive <br /> Bnrravm M�lice�t tha time c�f nr prior to an in�y�dc��specifylqg rraaonubte cause for th�irupoction. � <br /> 10.Co�tio�. The p�xeedr nf any �w�u�d or clum for dcnn�ga,dIrort ot coroequrntiil. la conbectioa with any <br /> cundemrulion or�Iher irkir�of�ny pan of the Property.or for conveyance la Iteu nP condemnntinn. are hereby as�igcyed arKl <br /> ahati be pnid to t.rnder. <br /> in ttie cvert uP�toul txkin��f the Propefty.the prooseda shail bc appliai to the aums uocured by thia Secudsy Inatrunx�t, <br /> whether or not then due,with any excess paid to Rorrower. In the event of a partfal taking af the Property in which the fair <br /> mwtket v�luo af the Property immedittely bcfore the takln$is�to or grcater thAn the artwunt of the sums securcd by this <br /> Secudty Instcument immaliately befarc the taking,unless Borrower nnd Lendcr otherwise sgree in wdting. thc sums sccund by <br /> t thia Secur(ry Instniment shafl be rtduood by the amount of the pracc�eds multiplied by the following fructton: (a) the totaf <br /> ernount of tha sums secured immcdlaiety.before the aaking, divided by (b)the fair market value of thc Property immodiatcty <br /> beforo the taking. Any balance shall bo paid to Borrower. In the event of u pnrtlul taking of the Prnperty in which the fair <br /> madcet value of the Pmperty immedtately before the taking is less Wan the c+mount of the sums secuced immediately befote the <br /> tnktng, unless Borrower und Lender otherwisc sgi+ee in writing or unless applicable law otherwise provides,the procceda shall <br /> � ba applied to the sums secured by this Security Insmiment whetber or not the sums are then due. <br /> if the Property is ubandaned by 8orrower.or if.after notice by[.ender to Borrowcr that the condemnor offers to make an <br /> nward or ssttle a claim for demages. Borrower fails to respond to Lender within 30 days after the date the noticx ls glv�n. <br /> � Lender is uuthorized to collect tu�d upply the proceeds.nt its option.etther to restoraHon or repnir of the Property or to the sums <br /> Isccurod by this Security Insuumeat.wbether or rtoi then due. <br /> � iJnless Lender and Boerower otherwise agce in writtng. any upplication of proceoda to pdncipai shalt not extend or <br /> post�one the due date of the monthly paymenta refemed to in paragraphs I nnd 2 or change the amount of sµch payments. • <br /> 1�.Borrower Not ltete�sed; Forbearance By L.ertder Not a Waiver.Eatension of the tima for payment or modification <br /> of amartization of the swns setured by this Security Instrument granted by i.,ender to any successor in interest of Borrawer shatl <br /> aot operate to retease tho liability of the orisinal Bonower ar Borrower's sncceuors in jntemst. Lender shall not be tequired to <br /> comrnence procxedings aga[nst any successor in interest or refuse to extend time for payment or otderwise modify amorti7ation <br /> of the sums securai My this Secudry Iastrament by reason oF any demand made by the original Borrower or Borrower's <br /> utocessors in interest. Any forbearunce by L.ender in exercisln�eny dght or remedy shalt not bc u waiver of or preclude the <br /> exercise of any r�ght or temedy. <br /> 12.SueoeSSOrs add Assigns Sound; Joint and Several I.iability; Co-signers. The covenants nnd agreements of thia <br /> Secudty Instiument shall bind aad benefit the successors nnd assigns of Lender and 8�rrower. subject to the provisions of <br /> paragcaph 17. Borrower's covenants and a�ements shall be joint and several. Any Aotrower who co-signs this Security <br /> � Instnunent but daes not oxecute the Note: (a)is co-si <br /> gning this Security Instcumeat on�y to mortgage,grant and convey thnt., <br /> Bomower's taterest in the Propeity uttder the terms of this Security Insrivment:(b)is not persontilly obligated to pay the sums <br /> secured by this Security Inswment:and t�)agrees that Lender and any ather Borrower may ugree to cxtend.modify.forbeAr or <br /> make any axommodatlons with regard to the teims of this Securlty Instn�ment or the Note wlthout that Borrower's consent. <br /> 13.Loan Charges.If the loan secureet by thls Security Instrument is subject to a law which sets maximum loan charges. <br /> and that law Is finally interpmted so that the interest or other loan charges collected or to be collected in wnnection with the <br /> loan eacead the pertnEtted limits,ihen: (a)any such loan churge shull be redueed by the amount necessary to r+educe the charge <br /> to the permitted limit:and (b)Any sums already coltected from Banower which exceeded permitted Iimits will be refunde� to <br /> Bormwer. Ixnder mc�y chcx►se to make this r+efund by reduci�g the principal �wed under the Note or by maldng a direct <br /> payment to Borrower. If u refund reduces princ[pal. the reduction will be treated as a partial prepay�nent w8hout a�y <br /> prr,payment ch.suge tu�der the Note. <br /> 14.Notices.My notice to Borrower provided for in this Security Instrument shalt he given by delivering it or by mailing <br /> it by first cla5s majl unless applicable law requires use of anoiher method.The notice shail be directed to the Progarty Address <br /> or any other uddrass Borrower designates by nottce to Lender. Any notice to i.ender shall be given by first cless mail to <br /> Lender's address stated herein or any other uddress I.ender designates by notice to Borrower. Any nadoe provided for in this <br /> Secudty Inspvment shail be deemed to have been s[ven to Bonnwer or L.ender when given us provided in this pnragraph. <br /> 15.Governing Law; Severabtlity. This Security Instrument shall bc governed by federal law and the law of the <br /> judsdiciion in which the Propesay is located.In the event that any provision or clause of this Secudry Insmiment or the Note <br /> conflicts with applicubls law.such rnnfltct shali not uffect other provisions of this Secudty Insuur►tent or the Note which can bc <br /> given effect withoat the wnflictin�provision.'To this end the provisions af this Securlty Instrument and the Note are declar�ed <br /> to be severable. <br /> ib.Borrower'A Copy.Borrower shall be�iven one conformed copy of the Note a�id of this Security Instrument. <br /> Wrm s028 9J80 <br /> � Prv3p 4 of 8 •. <br /> . �'�'4 , <br /> . � <br /> �.� ......,i.'-' � - ,. <br /> �.+-'s�.:. j��� ... <br /> ��,", .. <br /> ,;� ,,. �.: <br /> •r.,.a_�c�„; • .- :— <br /> �:d3•'r:� .. .. ° _ • �f:� .... <br /> `•.':ti.,+��'., :ti'_�=h: <br /> .xi�.�'�}, ,'... �k�� . <br /> .�R.�.`�'7. . .�f_� <br /> '�°f'.:- :y :�� � - •- . <br /> -,, <br /> .'Y . • <br /> �;��1r�.' 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