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<br /> Ii�ae Yr_�icicr rc�air.:�) �ravidccl by a��i�i�tirr ap7j��avc�1 by l.�iz:icr c;�1Ii1���•om_:.nv?11r.blc nn�l is��E�t:?iai�d. k�o��a��:-:r:E:��IR t::,y i•,
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<br /> - ��- � thc�rcmi►�►ns r�quirecl to n�:lintnin iaiart�;agc insur�nce in cffcct,or to pxovido a inss rescrvc,us�til tii:�rcyuie�ui�f�t Foa•��ioci��bc =
<br /> - ��= insurance ei2ds i�a�cordmice�vlth nny weittcn ngrecmr,nt betwe�n 13onowcr and Lcnder or nppl icaule Inw.
<br /> 9. Jnspectlon. I.ender or its agent may maka reASOnable entries u�n and inspectinn�of il�e Property. Lender fl�ull gi��s
<br /> `�''� florrawer notice nt the dinc of�r priur to an tnsp�..tion specifyie�g r�.:�sonabte causa for thc inspe.ction.
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<br /> 1 10. ContJ�mr�ation. Thc prosccds of uny awn�d or claim fur du�i�ages, uir�;ct ar cousc:�ucf�tial, in cannZZtI6A i711I? �ny _
<br /> condemnation or other u►king af any part of the Praperty.ox for conveyance In lieu of condemnatian, ure hereby assigneci a�xi
<br /> shall be paid to Lender.
<br /> In the event of a totnl tak9ng of thc Property,the proceeds sh;tll be ap�lied to the sums sccurcd hy tl�is Secu�ity Instrument.
<br /> whether or not then due, with any excess pzid to Borrow�*. Is�tho event of a partial tuking of the Property in which tlie fair
<br /> market valate of the Property immediately before the takin�is cqual tv or�raater than the amount of the sums secure,�l by this
<br /> Security Instrument immediately befara thc taking,unless Borrawer and Lender atlierwise ugr�in wtiiHn�,thc sums se�ares!by --
<br /> tt►is Securlty Instrume�t shall be reduced by the nmount of the proeeeds multlplieci by the folinwing fraction: (n) ttie total
<br /> __ nmount of the sums sccumA immediatcly befora the tnking, divided by(b)the falr rnarkct value of tlie Propeny immediately
<br /> _-- beforc tho taking. Any balanr.e shall be paid to Ronower. In the event of u partial taking of thc Propeny in whizh tho f�ir
<br /> market v�lue of the Property immediately before the tuking is less d�nn the sunawit of the sums serurcd immediately 1�8fore th�
<br /> talsing, unless Borrower nnd L.ender othenvise agtee in�vritir.�or unless applicablc law othcrwise provides,the proceeds shall
<br /> - -- -, b�applied to the sums secure�by tiiis Security Instrument whet(ier oe not the suYns are then d�ae.
<br /> - - — If the Pmperty is abanAoned by Bonowcr,or if, after ao�ice by Lender to Borrower that the condemnor offers ro make nn -
<br /> - --�.,,�,.,,,. award or settle a cluim for damages, Horrower fails to respond to Lender within 30 daye aRer the date tha notice is given,
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<br /> - - Lender is nuthorized to collect and 2pply the proceeds,at its opdan.either to restomtion or repair of the Property or to e sums
<br /> securcd by this 5ecuriry Instrument.whether or not then due. ���tion of roceeds ro rinci al shall not extend or
<br />_-_��:�� Unless Lender and Borrotver otherwise agree in writing,any app' P p p
<br /> ---�__- postpone the due date of the monthly payments referred to in paragrnphs l and 2 or change the a�nount of such payments.
<br /> —�_--�= 11.Borrower Not Released; Forbeuc�a�►ce By Lender Not a Walver.Extension of the time for payment or modification
<br /> --�R'� of amortization of the suma secured by this Secudty Instrument granted by Lender to any successor in interest of Borrower shall
<br /> - --== not operate to release the liability of the original Bonower or Borrower's successors in interest.Lender shall nat be required to
<br /> _u—==�._,� commence proceedings u�ainst any successor in interest or refuse to extend time for payment or otherwise modify amortiaation
<br /> - af �� �s,m� �,���r��i hy ►his Security Instrument by reason of any demand made by the vriginal Bono�ver or IIorrower's
<br /> "' 'a successors in interest. Any forbearance by Lender in exercising any right or remedy shaU nat be a wamer oi or precivae cne
<br /> —_�._;.=f;�
<br /> ___ -�:f� oxercise of any right or remedy.
<br />- ����' 12. Successors nnd Asslgns Bound; Joint ancl Several Liability; Co-slgners. The covenants and agreements of this -
<br /> ',,M�' ��`" Seeurity Instrument shall bind and benefit the successors and assigns of Lender and Borrower. subject to tlie provisIons of �_
<br />_:.:,-
<br />_,��,:��.`• paragiraph 17. Bonower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security
<br /> -- —.�-:_;��j Instrument but dors not execute the Note: (a) is co-signing this Securiry Instrument only to mort��ge, grant and wnvey that —
<br />-�;�„�,..�� Banowcr's tnterest in ths Properry under the terms of this Security Instrument;(b) is not personally obligated to pay the sums
<br />.;c��{,�r?�,•-�� secured by this Security Instra�ment;and(c)agrees that Lender and any other Bonower may a�ree to extend,modify,forbeur or �
<br /> '-�'-°``�`=� make nny accommodations with re�ard to the terms of this Secunty Instnrment or the Note without thAt Borrower's consent. r'-��
<br />� =�,;,$,,;� 13.I.oan Cliar�es. It the loan secured by this Security Instrument is subject to a la�v which sets maximum lonn charges. �--
<br /> ---�-�"� and that law is fin�lly inte►preted so that the interest or other loan charges collected or to be collected in connecdon with tlie �,�.;,
<br />=�__;�o•�s�;�� loan exceed the permittcd limits, then: (a)any such loan charge shall be re<luced by the amount necessury to reduce the churge r�,�°F.
<br /><���`"'':� to the permitted limit; and(b)any sums already collected from Borrower which exceeded permitted limits will be refunded to :;_.
<br />--�=��'"_-°°="'�� Borrower. Lender may choose to make this refund by reducin�the principal owed under the Note or by making a direct ,..:::
<br /> - � `"� payment to Borrower. If a refund reduces principal, the reduction wiil be treated as a partiul prepayment without any , •_;�.
<br /> �-�.'. re a nient char e under the Note.
<br /> .°_.,�ar��:�..�. P P Y S
<br /> ".'.=''r•",�" 14.Notices. Any notice to Borrower provided for in this Security Instrument shall be gi�en by delivering it or by mailin5
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<br />:� � ��,,-.�., it by first class mail unless applicable law reyuires use of auc�ther method. The notice shall be directed to the Property Address
<br /> `� �1 or any other address Borrower designates by notice to Lender. Ar►y notice to Lender shall be given by first class mail to
<br /> � � { Lendcr's address stated herein or any other address Lendcr designates by notice to Borrower.A,ny notice provided for in this
<br />-'����k�"�'���� Security Instrument shall be dcemed to have been given to Borrower or Lendcr when given as provided in this paragraph.
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<br />-�:m;�.ta�,.�:� 1S.Goverming Lu�v; 5everabflity. This Securiry Instnment shall be goveme� by fcdcral law and the law o t e
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<br /> `��:- ' urisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the Note
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<br /> L* .,`*"• conflicts witl�applicable law. such conflict shaU not affect ather provisions of this Security Instrument or the Note which can be
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<br /> =� -- ==x'-=, given effect without the conflicting provision. To this end the provisions of this Security Instrument and:lie Note are declared
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<br /> _`_° '�'-`' to be sevemble.
<br /> =='���'�"��f"�° 16.Horrower's Gopy. Bottower shall be given one confarmed copy of the Note nnd of this Securiry Instrument.
<br /> '°��:���r Form 3028 9190
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