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-_-�_� �����fl�o��4°���3'�9ffi � . o i��� . � _
<br />-�_-_= pa�nts may no iauger be req�eire�.at the apti�u of i.ett�r,if�nstgage ins�uanse oaverage��.�wit a.�d.for t�geread
<br />`_:�� ti�a.i�cttd�t reqnir�)P?ovidEd by an insarer a�rova3!sy l.ends:q�ain[�omss svaitZb2�m�is ahr,aia�d.Eorr�capr sUa}1 g�aY , ,
<br /> y::.�, . 9
<br />---- che gremtumg ce�Cir�to roainTnin mait�c ins�e in ef€c�t,vr tn pmvide a lass.r�:�re:uutz9 the r,�.rixem�tt for m.ortg�u,�.
<br /> ---~ in�unnse e�s ln�rd,znaz wiah auli wriuen a�ee�nt 6ciR�een Borrowei r�nd�er or�pli�ble taw.
<br /> ��-1'� 9.Yr�sg�etton.L�nder ar its agrait u�y make r�a�bie enu�es u�son aad i�ect�ons of 41a:�op�rtg►.�I,ea�Siia1�giva '
<br /> _ c ,
<br />.;.�.�- � M R ��� P�� _ _
<br /> _�� � Botvower not��ai tP�:,Lme of os rior to nn i an s i reasm�bie awse for the�ec2inn-
<br /> -� ° of an�awtird or c]aim�'or.d�magzs. d3rect ar anns�u�t�l,in aonnectia�with uny_.
<br /> . - .10. Q`aademratlon.'Ihe psoceeds . , , ,
<br /> �_ �-,� �
<br /> -� . �nd�rsnatinn ot otheT taking of auy pstt of the Pmger�Y�ar for qoav�toe in heu of w�sn,aie[xtre$Y ass��d a� .
<br /> ��� � � � - - - - .- .. .
<br /> �� � rh�li 6s paid to latider. .
<br />-;__-�� IA thQ event ef a total taSdn$of th�Prugtrty.the gto�eds sh�sil be applied to the s�s sscnt�d by tDris�nrity Iasicum��s,
<br /> wmethPr Or aat then d�e,cvith any excess paid to Foimw�r.I�the evea4 of a partiat taking oF the PcapertY i�wbieh ehe fair
<br />----_"_ u�kci w�tne of the Pimpectl►i�iatefy Qefore the taf�3ng is equat to ar gr�ater Wan tha amount eyf the sums s c c�r a!bq t 2 s i s
<br />_�`� Secutity instr�ent ixnmc�iiatdy before th2 taking.�ess Sotrowez an�Leadas ot�wise agc�e in wcrniflS+�he sUins 5�red 3�► " :
<br /> ----_--- this Securiry Inssnimect sYesU he rz�oed by the aatonnt of•the pmceeds muhiplieQ hy the following f,r�tion: ia)the totat
<br /> ----- aa�ount of the s�ms scxunod i�aediat�lY ixfa�the 4�Cin�,divaded by(B}tt3e fair m�e�valne af tLa Fzape�ty im1�di�ty .
<br /> -=— , 6efore the tak�ng.F�ny 6alanx shall be pazd to Bormwer. Ia the event of a paatiat taking bf the Ytp�perty in wlu�b tb�e fair .
<br /> -- = market vatue of the P�agerty�ety before the ta�S��tess than the amouas of the sqms sewred.unmediately 6efate tite
<br /> _�_-=-"� �ng,ualess Borrawer and I�nder otiNr�vis�ag�ee in wri�or unl�s applicxiste!aw othetwise�mv�des,�Pm'o�dg sftalf
<br /> _-- _� be ap�slied to the sums seruaed Iry ttris S�.vrity Qnsu�whether or aot the��s 2re thea duc. � .
<br /> as
<br /> __—_=:� If tbe P�npenY is abandoned by Bormwet,or if.after notice.by Lender to S�rrower thattlse ao�eatn�r of�ers ta maYe s� �
<br /> -��`:��,`� awatd or sett2e a daim for,damage�,Boirawer fails to rcxpond to Leader nritAia 30 days after thedao� tLe n�iee is giveA,
<br /> -- - = I�der is anthor�ed to calt�and apply the pmceeds.at its oprian,eitlr�r to restoratian o:repais of the Pcmpeaty o�to th�s�ms
<br /> ^• � s�urea By.tl�is.Security Iustrameut.whethEr.or not the,t�fite. .
<br />-� �i ,�� - Iication of to s�a71 aot eatead br
<br /> ,;,�-�: Unless I�der aa�Bntrower athecwiss agcee in vmting. anY app� p� F�P� .
<br /> -�-�`��" �rostpone the due date of[he monthly payments ref�etl ta In paragiapt�s I and Z or change the ar�oupt of s�t+ch paym�aits• .
<br /> �� �':�� Il.�onroWer Nat ReY�ased;For6ea�aace By L�der No4 a Waiver.Extensioa of t�e time for paymauc or madifiCatian
<br /> ' z�-•� of amorti3aiion of ttv�suuLS secuted bY tbis SesvritY Insuument g�ted by Lender to a�y sucacssor ia interest of Bonawer shall .
<br />_ ,�c•-=-.�
<br />�;.. �r , noi operate to reYease the tiability of t6e original Borrower or Borrower's saocessois ia fintezest. Ls�dec shall at�t be�to
<br /><�.a�_ .
<br /> •.�:.; wffiuetue proceedings against acry sac,cessor in irrterest or refase to extend time foi payment or othetwise ntodify amurtir�tion
<br /> •:.F�. •
<br /> .,..y • o£the sams�secvred by tIIis Seauity I•nsaament by ceacou of any�demand mIIde by the original Bomower or SoRawer's
<br />.''--'-�f'•':��';• �ssois in interest. Any forbearance by l.ender ia exerrising auy rigbt or remedy shaU not be a waiver of or przclaQe the ,
<br />��= caeicise of arry rigint or rzmedy.
<br />.--F�.T".�'�. .
<br />=��%�r;;;'i. .12.Susc��ois s�d Asstgag Bo�d:doint add Seve�stl Lia6�ity; Co�s3guess. The wvenrmts aad agt+eements of this
<br />:,�,�;<<:�1;? S�curity Ins�shaU bind and beaefu the successois and assigas of Lender aa�d Bor�ower. subjeq to the pravisions of �.__
<br /> �`��;n�� pazagragh 17. Bormvier's covenants and agreemenis shall be joint and several. My Boirower who co-signs this Seivrity _
<br />_��.:x.�,� � Instrument but does rtot exewte ttte Note:(a)is co-signing this Security Insttumeat onty to mortgage,grani and convey that
<br /> _`���`�' � Borrower's interest in the Property aades the teans of this S�utiry Insdnimeat:(!>)is nat personally abfigated to pay the seuns _ �.
<br />��'r�;�� secuied 6y this Sec�rity IIISmimecu:and(c)agrees t�at Lender and any ather Borrower may agee to extend.raodify.for6ear or .
<br /> ,;;;;,;.;,; n�ake any as�mmndasions witb regard to the temis of this Securiry Instrument or the No2e vrithout that Borrower's conse�l.
<br />'���•�s�4';� 13.Loaa Chatgcs.If the Ioan secured by this Security Insuument is subjeri to a la�v which sGs maaimum loan chatges, _
<br /> - �'�'�� and that!aw is finally imerpreted so that the interest or other loaa charges collected or to be cal[ected in.connection witis the
<br /> _�.,;�;� ..�
<br /> _-°=r � loan exceed the permitted�units.then:(�►)any sucb loan charge shall be ceduced by the amauat nece.ss�y to reduce the chatge
<br /> l_�__.
<br /> - - _ to ti�e permitted limit;and(b)arry sums already collectod from Boraower which eaceeded permitted limits will be refund�co ��=,'
<br />-;�;.�,;s��'�'� Borrower. L�ttter may cliaose to mabe this refund by redacing the principal owed under the Note or by mslaag a direct �_
<br />•x��:.�� •�. payment to Cforrawer. If a refund raduces principal. the reducdon will be t�eaied as a parti�l prepayment arithaut airy _
<br /> fo �„��.�-�
<br /> �:-�:�:;•:• .. `pmpayment charge underthe Note. --_=_----
<br /> ''"��••'� 14.Natiac9.Any n:otfce to Borrawer provided for in this Security insdume�t shall be given by delivering it or by mailing �'� � �
<br /> '�� � it by first class mail urdess applicable law requir2s use of another m�tTu�d.The aa�ice shall be directed to the Property Address ��---
<br />_...�,... _ ,� �, ;
<br />"'��� ,, or any oiher address Borrower designates by notire to Lender. My natice to Lender shall be �iven by first class mail to ��';.. °:_
<br /> _:�-, :c ye.t,. Lender s ad�.v stated herein or any other address ixnder designates�y m�tice�w Borro�ver. Arsy notice provided for in this .:a:���: ' _
<br /> .. .:.Y,i.' ' .. ' .
<br /> '. !; •' Security Irutn►ment shall 6e deemed to have been given to Borrower or Lenderwhe�given as provideA in this paragraph.
<br /> � ' '. t 15,(;ov¢sning Lav�; Severe6illty. This 5ecuriry Instrument shall 6e �a:emed by federal law and the law of the �
<br /> ,aw.;',•'•: �
<br /> -. �:�+tii. j,urisdi�ion.in whicb the Froperty is tocated. In ttie event that any provision or ctause of this Security.InsWment or the Note
<br /> �L K`���"`' oonflicts with a hcable law.such conflict shall not affect other provisions of this Security Instrument or the Note wMch can be -
<br />:���jai�7 �
<br />;��;�+,X�`�tiL"� given effect without the conflicting provision.To this end the provisions of this 5ecurity Instrument and the Note a�declazod . . . •
<br /> .�.:.�
<br /> -= �x.� to be severaL�te. '� . •
<br /> ��;�if�,R �� �
<br /> --�,:-��+(� 16.BarroweYs Q:o�g.Bonower shall be given one confom�ed copy of the Nate and of this Securiry tnstrumen�.
<br /> _�'�'�`,�'w� Form 3Q2g 9/90 � �
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