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<br /> r E;:y ��._:
<br /> �L�° i.c�:d::; r�.�nli�c:�)���nvici�tl i,y au f��.nn:s ap;i:uvr.Ll t►y[f�iutc��r�ain ht;cn�acs avnil�hlc a�nct is nt}tala::d. {i��s;o�vc: �.it,�tl � I,--
<br /> �ii:s���t;�iitn;i5 r.'isni��td tu i�r�iut�»�i+�u�ii�;a;;�:in��u►�tstce in cff�:ct.nr to prv�vitic;�ln��;C�tiiPJL`. antil titc►c��!�ii�.�n��ii�b��r�tn��ra;;c
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<br /> 9. Li�.,►►ectlon. l.ender ar its agent may make ee:�tionlble eniries u[►nn nnd inSJfcrtions uf the Yroperty. Le�7�lcr shall�;icf:
<br /> Borrawcr�wtice ut the timc of or prior t�cm inspcction spccifying rca4onablc causc far tlic insp�c.tinn.
<br /> l(�. C�ndemt���tlan. The �rncecds of nny a�vnrd car claim for damages, direci or cnnscyuential, in can�icction �vith uiiy
<br /> candcmn.itiun ur uti�cr tu6iiig of:i�iy{s�at uf t>>e Cra}:.ny,or for conveyanr�irz li��u of r<mdemi�c�do:�. m•e hercby assfµited tu�d -
<br /> shail t►e paid to I.endcr.
<br /> In thc cvent of a rotid tnking of thc Property,the�Srr.c:cais shaiU bc upplicd sa die suens sccurcd Isy tnis Sccueity Instraimcnt,
<br /> wli�thcr or nnt then dac, wi[h any cxscss paid to Dm•ro�vcr. In thc evcnt af��parti:I taking of ttic Pr�perty in �vliici�Q�e fa1�
<br /> markct value of the Pcapeny immetlintcly bcfonc the taking is cqual t�or areatcr thun thc tunount of the sums securcd by tBis
<br /> Security Insirument imniediatcly before the taking,unless Qurrawcr and Lender otherwisc ngree in writing,Ihc sums�ecurcJ hy
<br /> this Security inslruutcut shull be reduccd by the amaunt of�he prncecds multiplied hy the follo�vin� fraction: (�1 the tntal � _
<br /> amo��nt of the sums securecl immediately bcfore thc taking. dividcd by(b) thc fair markct value af thc Property immcdintely __
<br /> before tUe lak�ng. Any batance shal! be paid to Aorrower. In thc event of a panial taking of the Prope�ty in wriich Uu fnir
<br /> maiket value of the Prapcny imrrediutely before ihe tnking is Iess than the amount of thc sums secured immaliutely hcfore thc _
<br /> taking, unicss Borrower and I.endcr othenvisc agrce in writing ur unless applicablc law uthcnvisc providcs, thc prnc�erds shaU
<br /> be applicd to the sums secured by this Security Instrumcnt�vhether or not the sums are then due.
<br /> Tt the Property is aban�loned by Borrower,or if,aftec notice by Lender ro Bonower that the cc�ndemnor nffees ta make an
<br /> award or seute a claim for dumages, Borrawr,r fnils to respond to I,ender within 30 days afier dic:date the notica is given, _- -
<br /> [,e»dcr is authorized to collect and apply the procccc)s,at its optIon,eithcr to restoration or repair of thc Prnpc�ty o►•to the sums v-
<br /> securcd by this 5ecurity Instniment.wlietl�er or nat then due.
<br /> Unless L.ender and Borrowcr�nhrnvise a�ree in �vriteng, any applic:ition of praceeds to principal shall nat extend ar ��_
<br /> pnstpone the due date uf the monthly payments referred to in pa�ag��aphs 1 and 2 or change the am�unt of such paytnents. ____
<br /> 11.IInrrowcr Not Reieased;forbeurancc By Lendcr Noi a Waiver. Extension of the tinsc for paymcnt or modi6cation [+`•`'�-
<br /> of amortlr�tion of the sums securcd by this Sccurity instrument granted by Lcnder to any succcssor in intcrest of Bnrrawer shall �,_
<br /> not upernte to relcasa the liability of the original Borrrnver or Borrower's successors in intcrest. Lcndcr shall not be required to �'_�
<br /> conunence proceedings against any successor in interest or refuse ta extend time for payment or othenvise modif amunization 'r��•
<br /> y• E.�:
<br /> of the sums secured by this Security Instrument by reason of any demand madc by the original Borrowcr or Borrowcr's �:�
<br /> successons in interest. Any forbearance by I..ender in exercisin� any right ur remedy shall nut be a waiver of or preclude the .3:-=
<br /> F4':�.
<br /> ex�rcisc of any right or remedy. LL
<br /> 12. 5uccessors and Assigns Bound; Jolnt mnd Severnl Uability; Casigners. The covenants and ugreements of tl»s �W'°�-
<br /> Security Instrument shall bind and benefit the succc;ssors :u�d assigns of L.ender and Borrower, subjeet tu the provisions of �-
<br /> patagraph 17. Bonower's m�•:nunts und agreements shall be joint and several. Any Borrower who co-signs this Security __
<br /> Instnvnent but does not execute the Note: (a) is co-signing this Security Instrument only to mortfiage, grant and convey that =.�-=°
<br />_ Bonowcr's interest in the Property undcr the tcrms o6 this 5ecurity[nstrument; (b) is not personally obligated to pay the sums Be:.�
<br /> secured by this Security Inshumer�t;and(c)agrces that L.ender and any other Bono�ver may agrce to extend, modify, forbe.�r or ��;
<br /> make any accommodations with regard to the terms of this Security Instrument or the Note�vithout that Borrawer's consent. �.•,:,
<br /> 13.I.onn Chat�es.If the loan secured by this Securiry instniment is subject to a law which sets maximwn loan cliarges, I;f��-
<br /> and that law is finally interpreted so that the interest or other loan char es coUected or to be coUccted in connection with the ��`-
<br /> F f`"`5:.
<br /> loan exezed the permitted limits,then: (a)any such loan charge shall be reduced by the umount necessary to ruluce the charge ��Y
<br /> to the permit4ed limit;and (b)any sums already collected from Borro�ver�vhich exreeded permitted limits will be refunded to �.--
<br /> Bonower. Lender may choose to make this ref�nd by reducing the principal oa�e,�i under the Note or by making a direct ���:
<br /> payment to Barrower. If a refund reduces principal, die rcduction wiU be trcated a� a partial prepaymcnt withan[ any
<br /> prepayment chnrge under the Mote. •
<br /> 14.Nottces. Any notice to Bonower provide�for in this Sec:urity Instrument shall be given by dclivering it or by►nailing '"
<br />_= it by first cl�ss mail unless applic:ible la�v requires use of m�other method. The notice shall be di;ected to the Property Address
<br /> or any other ttddress Borrower designates by notice to Lender. Any notice tu L.enJer sliall be given by Eirst class mail to
<br /> Lendei s address stated herein or any oth��r address Lender designates by ttotice to Borrower. Any notice pmvided for in this ' ••
<br /> Sewrity Instrument shall bc deemed to have bccn given to Borrower or Lender when given as provided in this paragraph.
<br /> 15.Goveraimg L.aw; 5evernbtl(ty. Tl�is Security Instrument shall be governed by fecieral law and the law of the
<br /> jurisdiction ia w�hich the Property is lorated. in the event that any provision or cluuse of this Security Instrument or the�lute
<br /> conflicts with appiicable law,such conflict shnll not affect other pruvi::ions of this Security Instrument or the Note which can be
<br /> �;nvcn cffcct without tl►c conflicting provision. To this cnd thc provisions of this Sccurity Instrumcnt 1nd thc Notc arc dcclarcd
<br /> to bc sevcrablc.
<br /> 16.Borrower's Copy.Bono�vcr shall be�iven one conforn�ecl copy of the Note and of this Security Instrument.
<br /> Form 302A �J190
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