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<br /> paymente may no longer t�e requlred.at the a�ion of L.ender,€f ruortgage iasurc►nce caverage(in tha nnwant and for tha perind �
<br /> that Lender cequire9)�rovlded by an insurec eppmved by Lernder ugctin 6ecomes uvailablc nnd ie obtained.Danow�r sliel! �r�y
<br /> thc�rc�niurcex sequlse:!40�nal�itein mortgnge insurance in�ffect.ar to provlde a loss ressrve,until thc rcyuirenien[!'or martgaga
<br /> � insL�rnr�co enda!n acaordance with any wdtten a�ramen�t betwcen Homower and I.ender or applicable taw. ..
<br /> 9.lnspallon. �.ender or its ageiit msry msil�e reusonable entrtes vpom and inspec►ions of the Pro�riy.l-cnd�r shall glve
<br /> � Borrower nouce at the dmc of or prlar to an inspection specifylag rrasonable causc for tho Inspxdon.
<br /> 10.CondemnAtion. Tho proceeda of any award or cluim foi damages,direct or consequentisl. Iu connattan wIth aay
<br /> condartma�on or othes tukln$of any part of the Proparty. or for conveyanos In iieu af condem�wtton,are hereby ersssfgnooi mKi
<br /> sLall h$patd w Lender.
<br /> !n the eveat of a wtai teking of the Property,the pmcee�s shall be appDied to the sums s�ured by thls Securlty Instt�unent,
<br /> whether or not Ehen due. with any excess paid to Bormwer. In the eveut of a partial taicing of the Property in whieh the fiir
<br /> market value af the Property immedkitely betore the taking is oyual to or�reaur than We atnount of the sums sxwed by ihis
<br /> Security instiument irr,rno�3ately before the taldng,unless Borrower and L,en�ler ath�nvise agrce ia wtlting.the sums securoc]by
<br /> this Sea�dty Instrumene s�all be reduced by the amount of the proceeda muldplIed by ttte followiug fractdon: (e) the tatal
<br /> anaount of tbe aums secured immediately�before the tnkIng,divided by(b) the feir market va�ue of she Pmperty immedistely
<br /> before the takIng. Any balance sha{I be paid to Bon�ower.In the event of a partlal taldng of the Property in which th�fair
<br /> markee value of the Property immediately before tde taking is less than the antaura of the snms secvred immedlately before the.
<br /> taking, unless Bormwer and Lender otherwise�gree in writing or ualess a�licable law otherwisa provides,the proceeds si�all
<br /> be applied to the sums secured by thia Securiry I�nstnunent whether or not the sums ez'e then due. �
<br /> if tho Pmgerty is ub:uidened by Bormwa. or Ef.after not[ce by i.ender tn Borrower that the condemnor offers W tnaka fln`
<br /> awacd ot aettle a elaim for damages. Borroaer ftlls to respoad w L.ender withln 30 d�ys aftcr she date the natiee ia givcri,
<br /> Lender 3s authorfzed to ootlect and apply the proc�eds,at its opdon.elther to restoration or repair of the Pmperty or w th�sums
<br /> secural by 4his Security Insuument.whether a not then due.
<br /> lUnless Ixnder aad Borrower otherwiso e�gree in wrIting. enY aPPlicadon of pmceads W princ3pa! shali aot eactend or
<br /> postpone the due date of the monthly paymenn referred to in paragraphs 1 and 2 or change the amount of such payments.
<br /> 11.Borrower Not Released;Forbearance By Lender Not a Weivec.Extension of the dme for payment or modificadun
<br /> of amortlzadoa of the swns secured by this Sccuriry Iusttumeat grante�by Leader to aay successor in interest of Borrower shall
<br /> not aperate to release the liability of the original Eorrawer or Horrower's successors ia lnterest.Lender�shaU not be requiced w
<br /> comaeence pi�ings against any successor In interest or refuse w extend dme for payment or otherwlse modify a�nortLzadon
<br /> , .;r'.�_f; of the sums secured by tt►is SecurIty Instniment by reason of tu►y demand made by the original Borrower or Horrower's
<br /> �cc�surs ia 1nLsrest. Acy forbesrance by Lr�pr 4n Pxer�ciaing any r�gltt or remedy shall not be a waiver of or pieclude the
<br /> �r:j`:.,=,��;r� exercise of any ri�ht or remedy.
<br /> ':;?�{:?,, 12.Suaessors and Assigas Boaad; Jo�nt and Several LiabWty; Co-stgners. The covenants and agreements of thiia
<br /> - .,^�;.;,_.. ,�.
<br /> ;, „ ,,,,�;:. .. ,:,�,. Security Instmmem shall bind end benefit �he successors and essigns of I.ender and Borrower, subject to the provislons of
<br /> `•�'r'�'••'�,,.�.-, :f�' pasagraph 17. Borrower's covennnts and agreements shall be}uint and severel. Any Horrower who co-sigas tbls Security
<br /> .,.,,. :.}r . � .�.
<br /> ,•,.�...,
<br /> ;,.,;:;�., ; �,...ti .': Inswment but does not execute the Note: (a) is co-signing this Securlry Instrument only to mortgage. �ant and convey that
<br /> .'`.s." , .. �`��:' Bormwer's interest in the Property under the terms of this Secuclty Instn�ment;(b)is not personaqy obligated W pay the sums
<br /> *� '''�''�'�`��"'�""�''� r�ecw�d by thia Securiry Instnunsnt;and(c)agrees chat I.ender and any other Borrower may agree to extend,modify,fotbear or
<br /> �'�"�i�`."•'�:``r`••}' make an �c�ommodadons wlthttM ard t�theterms of this Securiw Insuvment or the Note without that Borrower's consent.
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<br /> �,�rk�.•,, .,.,.r��«. 13.Loan Charges.If the loen secured by tliis SecurIty Instrument is subject to a law which sets maximum loan charges,
<br /> 'a•:��`�'�:' '� �''� and that law is finatly interpreted so that tix interesc or other loan charges collected or to be colt�in connection wlth the
<br /> 'Py'�'•,:"`..'�'T'�"��'. loaa execed the permitted limits,then:(a) any such loan charge shell be reduced by the amount necessary to reduce the cherge
<br /> • .�:��....,,,,.
<br /> • ��z�-'"' to the permitted limit:and(b)any sums alrady collected from Borrower which exc�ded permitted iimtts wlll be refunded to
<br /> r.qu:.,;•,r-:.u�• .,w.-�s•
<br /> ;;„�,�.,,_1, . Borrower. L.ender may choase to make this refund by reducing the principal owed under the Note or by making a direct
<br /> payment to Borrower. If a refund re�uces principal, the reduction will be ueatetl as a partial prepayment without any
<br /> �' prepayment charge under the Notc.
<br /> �:` .� � ., .. 14.Nodces.Any notice to Borrower provided for in this Secudty Inst�ument shall be given by delivertng it or by mailiag
<br /> ' it by first cless mail unless applicable law requ ires use of another method. The not�ce shall be directed to the Property Address
<br /> ';,.•��;.....° .," or any other address Borrower desi�nates by notice to I.ender. Any natice to Lender shall be siven by first cless mail to
<br /> °�:'•�;• L.ender's address stated herejn or any other eddress Lender designates by notii:e to Borrower. My notice provided for in this
<br /> �.,`. ." Securiry Instrument sh�ll be deemed to have been gtven to Borrower or L.ender when given as provided in this ps�ragraph.
<br /> ",;.�'� " g5.Governing Law; Severabflity. 'ltiis Security Instrument shall be governed by federal law and the Iaw of the
<br /> '��{:�•t, .
<br /> jurisdiction in which the Property is located.I n the event that uny provision or clause of this Seturity Instcument or the Note
<br /> � ,� conflicts with applicable law,such conflict shni l not affect other provis ions o f t his S e curity Instrument or t he No t e w h ic h can b e
<br /> " given effect wtthout the conflicting provision. To this end the pruviaions of this Security Instrument and the Note are deciered
<br /> �� � to be severable. .�
<br /> �� • , ° • ]6.Borrower's Copy.Borrower shall be �iven one conformed copy of the Note and of thia Security Instrument. ',;;';
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<br /> Form 3028 9190 �`•
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