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<br /> ��'� paYa►ents cnay an Yonger be reqnire�;at ths option.of Leuder.i�f mortgage in��rance eow2isae(ut th�'amotdTli stsd fo�ihe�tCrla�,� � �
<br /> _-=�;..`;Y��-F r� tbat Ecnder�reque�es)Brm+�ded by an iasu:e=�gpiav�b1+Leuder a�beoomES avai2abie�d is ebta�inad.Bonower sHall p�ay
<br /> ��� '�:�<�„� to maintaim m���e insncaace i��ffect,Pr to gmvide a loss ceserve,uatil�Rhe�iremrat for martgage
<br /> � �,�__. __ the premiu�s reqraired . .
<br /> _-:-�����-''`� insurance e4ds in aocordance with any wriuen�ment 6etwees Borrower an�Lexsder or app13�a6Ie taw. . .
<br /> n.s. �fi make reasonable entries agnn aud ins;sectioas af the Fcaperty.�end�er shall give �
<br /> -� ;x' �� . 9.Lnsgecttoa Le�er or its agent maY m ke , • .
<br />_+�F<<,w: ::,,.��+:'� '. ' Bomnwer aouce at the tims of or prior ta an iuspectian sp�cifying reas�nahle canse for the inspection..
<br />- ::�:'t,°°�;;:�,:� � 10.Condemnat�on.'Che proceeds ot any award or ctaim for damages. direct oz coasequentiai,[ei wm�edian wittt ar,►Y ,
<br />_`r•-, -. nr for conve ance in lieu of catMe�ation.ate hereby�ssigaed a�t•�
<br />:���;,�'"...;'�r.•.::4.�. cond�mnation at other taking 9f anY Part of the Prop�RS!, Y . °
<br /> , • s2ia11 fie paid cd L�nder. . __. , .__.
<br />.�,,.,'�:.��:, ,•._r, .?' . � In the event of a[otal tal�ng of the Property,the proceeds sHall 6e applied to the suas.s s�red by this�ecurity Iasua�cat,
<br /> to Bormwer. In tLe eveat of a parti�l takm�of the Fmgerry i�whit�i tt�friir
<br /> -_ :�::;.�..��`� � w�ether or not then due. with anY e�cess P� to or thau t1�amoaai of the suais s�by t�is
<br /> �';' ` • market value of the PropeltY immediatety 6efore the taiang is�al S�� . .
<br /> � '� ' �' ,` Securlty Instrument immediatetY 6efore the talanS.unless Bonower aad LEnder otherwise agre�in writing,the svms sesured by . <
<br /> _.-r1._�`;; �<< _- tius Seauity lns+uurue� shatl be reduoed by t6e amaunt of tite proceeds mnitipiied by tAe foltowing frac�on:(s)the totaZ ' .
<br /> , � divided by(b)t6e P�r market value of the Prapert5'i�diateIy . ,.
<br /> -�-�:`.•'-;.=., ���` � amonnt of the snms secvred i�mediately¢efore the takuig, m whicH¢he fair :
<br />"``:�y`=-l- .�': 6efore the talang.Any 6alance s1�aI1 be paid to Bosrower. tn the event of a partial.taking of the FmFerty► � .
<br /> -`'""�;���`.c:?..:'. market value of the Pmperty immediateIy before the ta3ang is less[h�n the a�annat of ihe sums secured immediatefg trefor�th� . _
<br /> ; t �r';`;'"' m writing or anless applisable taw ott�ecwise provides,the prac�d.9 shall �'.�; ';',
<br /> .... � . ..,., „ talarig.untess Borrower aud Lender otherwis�ag�' ,',k`
<br /> °aK, =•'� ..� be applied to the sums secared bY tisis Security Instrument whether or�nt the sums aze then due.
<br />--,:;��'�.:�`::' °�. If the Property is abandoned by Bs�awer,or if,after notice E��Leader w Bormwer tbat t�e condemnor offers to crake an .
<br /> s�.
<br /> ` � -�"� `, award or s�e a claic�far dama�s•�rrower fa�s.to res�so��.'Leuder'wi2hin 3Q daga,'s�the date the natice is�;,�n. .i
<br /> ,,,�r��� `' I.ender is autT�ar'�ae�rr�:anL�ecx and ap�Iy tbs pma�,.�izs eg�.r,�rh$r ta cu�',,a',�:.�a esr r�of t6e F'e'�ig!at to tE�� �+L
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<br /> ` �-.--,.� +uife�fier nrmt*���.�:.. , ,.. '� �`�.noi exte:.3.t,'� 'r 1�.;
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<br /> '�: � . ��,�t��,��� � U:,:�Lender an�Boriower o,��wise ag��i���� �.aPF��a�of p�:.a prirtap��; ,., ,
<br />`:'`''r. :� :,°�`�;�r,`�?`.�.:,: postpone�e due date of the moaihlY�:�?�a}ts referre�eo i.:�.�.;��phs i and 2 or change��unt of s`n..aF.r.�t�nu.,, ,.., . , : .
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<br /> �;�..,,,,.,. � 11.�,iarrower Not Rete�ased;Fm�Earanoe Sy Lenrier 1ls�a Waiver.F.xtension of.the time for pa}z�:s�or�� :. '
<br /> ,��`. b Lender w an sucoessor in i�e�e�.�;�P•oxru��x� . .
<br /> , ._fl.:� of amortiiation of the suuLS secured by Qus SecutitY Insuument granted Y Y .
<br /> �- - not operate tu retease the liabiGty of the origiaal Borrower or Bon�wer's sacc�5sors i+l interest. Lendcr shail�tL,.;tz�'`,;�d� ..
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<br /> . . �• cnmmence proc�edings against any successor in interest or refuse to eatend time for payment or othernise modify amortizaiidn
<br /> " of the sums secured by this SecuritY instrumsnt by rrason of aay demand.made by the original�ormwcr or Sorrower's.
<br /> �` , . successors in interest.Any forbeaiance by i.ender in exercisiag any right or remedy shall not be a waiver of or pre,clude the ;
<br /> .,_. , . , .
<br /> . • ��� � exenhse of any righs or remedy.
<br /> ' 12. Saccessors and Asstgas Hound. Joint aud Sevec�l Llab!lIty;Co-stgaess. The covenants and �greements'of tbis • .
<br /> ' . � Security Instrument sha11 bind and benefit the suceessors and assigns of Lender and Borrower. su6ject w the provisions of
<br /> `'.� " � parngrnph 17. Bonower's covcnants and a�reements shall he joint and several. Any Borrower who casi��th�Sewri� .
<br /> • • � Instrument but does not execute the Nate: (a)is co-signing�this Security Ir�sm�ment oniy to mortgage, gtam eY
<br /> • �- � Borrnwer's interest in thc Froperty wider the terms af this Securiry in.4uumen�(b)is not Qersonally obfigated to pay.ttte susns •
<br /> ,�•;:.' .,_ , `; ;' .• secured by tbis Security Instrument;und tc)�agrees that I.ender and any other Borrower may agree to extend.modify.forbear or
<br /> _ _ ,���_f,.^ make ar►y accommodations with resard to the terms of this Security Instrument or the Note without that Borrower's consent.
<br /> ,� J !3.Loan Cha�es.If the loan secured by this Securiry Instrument is subject to a taw wfiich sets maximum toan cHarges.
<br /> '«_.. ... ..._,.
<br /> `'•'.�.,:�.;�:s. � � and thas law is finally imerpreted so that the interest or other loan charges coltectet!or to ba collected in connection with the
<br /> �,'�s:�:. �' • loan exceed the perntiue�limi[s.then: (a)sny such loan charge shall be reduced by the amount necessary to reduee the charge
<br /> .-�"`-`?``°�"�" to the permitted limit;and(b)any sums already collected from Borrower whic6 exceeded permitte�limits will be r�funded to
<br /> .',ky_�,�.E,^=-�
<br />= .�'�_�^� . Borrower. Lender may chouse to make.this refund by reducinS the PrinciPal nwed under the Note ot by maldng a direct
<br /> '�.y�=:r=�:�-� � paymem to Boirower. lf a refund reduces principal. the reduction will be treate� as a partial prepayment without any
<br />_,�`�': : ,: � . prepaymem cl�arge under the Note.
<br /> �.';- ' � ' 14.Notfces.Any notice to Borrower pravided for in this Security Instrument shall be given by deliver+ng it or¢y mailing
<br /> II� . � ' � it by first class mail unless applicable law requires use of another method.The nodee shall be directed to d:e Property Address
<br /> � or any other address Borrower designates by nouce to I.snder. Any notice to Lender shall be giver�by first class mail to
<br /> ';� � � . Lender s address stated herein or any other address Lender designates by notice to Borrower. Any notice provided faT in this
<br /> . � � Security Instnrment shall be deemed to have been given to Borrower or l,ender when given as provided in this paragap�.
<br /> �,. :. �' � 15.Governinig Law; Severabfltty. 'i'his Security Instrument sha11 be govemed by federal law and the law of the
<br /> ---��: ' • , • ' Jurisdiction in which the Property is located.in the event that any provision or clause of this Securiry Instrument or the Note
<br /> � � �� . � wnflicts with applicabte law.such conflict shall not affect other provisions of this Security Instrument or the Note which can be
<br />--'���:,. ,.�•. . . �. given effect without the conflicting provision.'Po this end the provisions of this Security Instrument and the Note are declared
<br /> ��' ' � to be severable.
<br /> �'• . y�Y ' � 16.Borrower's Copy.Bonower shall b�given one conformed copy of the Note and of th�s Security Instrument.
<br /> ��` •� .:,"� .. . . fortn 3028 9190
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