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<br /> � �� � `� • ati tiio option mf I.,an�ar, if �raort��f3o iaeurance covera�a {jn t�v anloufti ond ior't`��io'p�rion tliat I.cnder requirc�) ��
<br /> ' � provid�d��+en inc��rc,^nppro�cd Uy l.cnder n�aix�bcs:or�ic3 availut�lo and ir�ubmincd.Iiorraerer c�hnll��y tho�rs�r�iiu���n �' ,.
<br /> t PCLlll1PCL�I Sn fil(1H9141.1111 Y�1Gj'Zf�Q�7 Ii17Uf0i1C0 Ifl CFI�f:Ct,os to �rovido a lo�:� j�c�::rvo, unYil ttio rcyui��cr►acnY?�;naartt;��,�
<br /> � Sn�uranca ekic�in nccnsdonc���rith nny���ri4tc�i a�.c�rsZCnC t��t��ican�3orroe�cs ond[.,c;ndcr or applic�bl�E a�v.
<br />!-� � � ` : � 9. Inspcc�ion.L.endcr or ita ngent�nny make ce�canaUlo entriea upon urtd inapections of thv Prnperty.I.ender ahQll s„'i.
<br /> D� ' " givo Borrower natica at the timo of or prtor to nn inepcction specitying rensonabla causa tc�r tho inspectian. �"�-
<br />_.-i'���;y��� l0.Condemn�tion.Tha proceeds oi any award ar claim for demagea,direct or consequontif�l,in cannection with '^'•°
<br /> - ' �`� any condemnetion or other taking of eny part of the Pro�rez�ty,ar 4or conveyanco in lieu of condemnation. ere hareUy
<br /> ,-�; � a�igneJ and eSiall iso�aici Yo I.cndc;. ��Y�i._:
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<br /> - ��;,:+�3'�'�::�, .. In tho evcnt of a totnl taktng ot the Property,the procc;cda ehall be applied to the sums seaured by thie Security --
<br />-. " "'� '''� � -'r Infltrument,whsth�r or not than due,with any axceso paid to Borrov�er.In the event of a pnrtial taking of.the Property in �;=n
<br />_ ��". ; which tha feir markat velue of tha Proparty imenediutely beforA the taking is equsl to or greater then tha emount of the �j��:';
<br /> - � . sume secured by thia Security Inetrament immediately before the teking, unless Borrower and L,encicr otherwise agrea
<br /> in writing,tha sume secured by thie Securlty Ina4rumant ehall be reduced by the amount of the proceede multiplie�ci by �i
<br /> • t e tnk' 'v ded b b the fair "`''°`',
<br /> the following fruction:(n) tha total nmount of the sume secured immediately beforo h �ng,di i y ( )
<br /> •• market value of the Property immediately beforo ths tnking.Any balance ehall be paid to Horrower.In the avent of a �k�,'.
<br />�• , partial taking of tho Property in which the fnir mnrket value of tho Property irnmediately before the taking ie less than ��a
<br />�` . . the emount of tha euma secured immadietoly bafore tha taking,unle�s Burrower and Lendor otherwise egree in writing "
<br /> • � ' � or unless app!icabla law atherwise provides, tha proce�ds ehall be applied to the sums secured by tlus Secuciey '"':'
<br />" ' Instrument whether or not the sums a�then due. '
<br /> �� � IP the Property ie abandoned by Borrower,or if,after notice by Lender to Honower that the condemnor offere to �,:".�
<br />_ � maka an award ar settlo a claim for damages, Borrower fails to respond to Lender within 30 daye after the data the ,�
<br />- ����` notice ie given, Lender is authorized to collect and apply the proceeda,at its option,either to restoratian or repair ot the %:' �
<br /> '. ;. . � Property or to the Rume secured Uy thie Security Inetrument,Nhether or not then due.
<br />� . Unless Lender and Borrower otherwise agree in writing,any npplication of proceede to principal shull not extend or
<br />' .�,t, � '��;;;-:_'„ postpone the due dato of tha monthly paymenta referred to in paragraphe 1 and 2 or change the amount of euch
<br />`�.�-,� :.; puyments. "
<br /> ��'l�` `��:''•�;��� 11. Borrower Not Raleaced; Forbearance By Leader Not a Naiver. Extene�on of the time for payment or
<br /> '��� �° :,` modification of amortization of the eume secured by this Security Instrument granted by Lendar to any successor in
<br /> ' '�'•''. �� ' '-'::'�,:� � interest of Borrower shall not operate to release the liability of the original Borrower or porcower'9 euccessore in
<br /> .. '''" interest.Lender shall not be required to commence proceedin�s against any successar in interest or refuse to extend
<br /> tima for payment or otherwise modify amortization of tha sums secured by this Security Inatrument by reason of any
<br /> •� demand made by the original Borrower or Borrower's successors in interest.Any forbearence by Lender i�n exercieing
<br /> any right�r remedy ahall not be a waiver of or nreclude the exercise of eny ri�ht or remedy. �.
<br /> �� . 12.Success�rs and Assigns Bound; Joint and Several Liebility;Co-siPners.The covenanta end agreements '4 •
<br /> of this Security Instrument shall bind and benefit the successora and assigns of Lender and $orrower,subject to tha
<br /> ' ",','. .'. provisions of paregraph 17.Bono�uer's covenants and agreements shall be joint and several.Any Borrower who co-sigc�s
<br /> this Security Insitrument but does not execute the Note: (a) is co-signing this Security Inetrument only to mortgage,
<br /> grant and convey that Bonower's interest in tha Property under the terms of thio Security Instrument; (b) ie not
<br /> personally obligated to pay the eume secured by this Security Instrument;and (c) agrees that Lender and any other
<br /> Bonower may agrce to extend,modify,forbear or make any accommodntions Nith regard to the terrne of thia Security
<br /> Instrument or the Note without that Horrower's consent.
<br /> 13.Loaa Charges. If the loan secureci by thie Security Instrument ia subject to a law which sets muximum loan
<br /> charges, nnd that law ie finally interpreted so that the interest or other loan charges collected or to be �ollected in
<br /> � co�ection aith tha loen exceed the permitted limiis,then: (a) any soch loan churge ehall be reduced by the amount
<br /> . • nece,ssary to reduce the charge to tha permitted limit; and (b) nny auma alreudy collected from Horrower which
<br /> • ' excc�ded permitted limits will be refunded to Borrower. I,ender may choose to make thiR refund by reducing the
<br /> principal owed under the Note or by making a direct payment to Borrower,If a refund reduces principal,the reduction _
<br /> �;, • will be treated se a partial prepayment without any prepayment charge under the Note.
<br /> . 14.IJotices.Any notice to Borrower provided for in thic Security Instrument ehall be given by delivering it or by
<br /> mailing it by first class mail unless applicable law requires use of another method.'fhe notice shall be directed to the
<br /> �� Property Addr�ess or any other uddress Borrower designutes by notice to Lender.Any notice to Lender shall be given by �
<br /> firet cluss mail to Lender'e address etated herein or any other address I,ender designates by notice to Aorrower. Any
<br /> ' , natice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given
<br /> „ as provided in this paregraph.
<br /> . . I5.Governing Law;Sevvrability.This Security Instrument shall bc governed by federal law and the law of the
<br /> � . jurisdiction in which tha Property is located. In the event that any provisian or clause oi this Security Inatrument or thc •
<br />.- . IJote conflicta with applicable laN,such conflict shall not affect other provisions of this Security Instrument or the Note
<br />• � . which can be given effect without the conflicting provision.To this end the provisions of thia Security Instrument and �
<br /> i .
<br /> �, �• the Note are declared to be severable.
<br /> �
<br />: ' .. Form 30Y6� 9/
<br /> �-6VINEltuit�i v.o.4 oe o imtlale�
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