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<br /> , - ". , , ma e iasurance coverage (ia the am41mt aad for the'��riad �Y.e7fdLr`� � . ' �
<br /> d
<br /> ' � � ; �� ��- at the optioa af Lender. i4 �S becosaes available and is obtained.Borrowet shall pay the F1'emiusne �: , ?�`
<br /> .. , provided by an ipsu4er aPPmved bY��'e� �q eat for mort '�
<br /> `t- �• � to maiptaia mt�r�Se��in effect.or to provide a loss raserve,uatil t�e virem �� �x �
<br /> � .. ent between Borro�ver aad 1-ender or applicable law. �s::
<br /> , <._`-_ - �euda in eccordauce with suq�riitenagireem ons of tfle Propert8.Leader sha11 4 ::-�_:
<br /> . 9.IaspecEiosi.Lendet ar its agent map make t�easonable eatriea o�onabl'e�for the inspection. � ' '``� �' �.
<br /> � . �. � . . . g i v e Borroarer notica at the time of or priar to aa inspeation epecifring d i r e c t o r w n s�ueatial,in connection with , , ' � � .` ''-
<br /> . . ` . �.. . 10.Coademnstiop.'fhe proceeds o4 any award ar claim for damages. .- - . .-' �
<br /> ��'�` � of aay gart of the Property.or for conveyance in liev of wademnation,ere here b y ..; �K _ �:,�
<br /> .. any oondemnatiaa or other taki�ug, , . �.
<br /> ' � � . . as�sigaed aad ehall be paid to�.eude�. �e �ail be applied w the sums secured bY this S'ecuaitY . '
<br /> eu
<br /> " �`'.'' .. . Ia the eveat of a Wtal xakinS of the Psoperty, �dP��wer.In the eveat of a partial taking of the Propetty in S . . : .
<br /> , , � � ' Ins�,rument,�vhether or not thea due,wit�an9 es�P to or ter thaa the amount of the • .
<br /> ` - � ' wLich the fair market vatue of the FrapertY immedia�lY'before the.taking i�s equal S� .. r .�
<br /> wile�Borrower and Leader otherwise agree .. `.
<br /> . � �. ' . sums ee�ured 6y this Securit9lnstrument immediately beYore the mkiIIS, ,. r�
<br /> . ia writing.the sums secured by tlus SecutitY I�rument shalt be reduced by the amount of the prooeeds multiplied by ' - .. ., ' ,
<br /> . _ y
<br /> .;. ` `. . , . -the follo�ving f r action:(a)t he t o t a l a m o u n t o f t h e s ums secured immediately before aeto�Bogrrower.I n t he ev e n t of e "': ".- . - °�_
<br /> . . . market value of the Property immediately before the mking.Any balaace shall be pai ,�:�-=
<br /> �� , . � partial taking of the Property in wIuch the fair market value of the Property immediately before the takinS ia less thaa . _ . --
<br /> . , the asno�s of the sums secured immediately before the talring,unless Borrower and Leader othe.raPise agcee in writing �_
<br /> this�ec�rity . !�
<br /> ,. " r.,. licable la� otherwise provides� the praceeds �hall be apglied to the sums secvred bY _ �,�---
<br /> ,;� ._ ....,.'�-, ;: . or untess spp ._
<br /> . . _ . ... . , R
<br /> - --� :�--_..._ _._,_�-_ _._..-----�-�--�-�---�-- - - '
<br /> Instrirment wlietlisr os i�r the su�r►s are theadae: .� . . . - - -- -
<br /> _ .. �.
<br /> ' ' � -``` If the Property is abaadoned bq Borrower,or if,afier aotice by Lender to Bano�t�aat�the cc�ad�mnur of:�rs�ta- �--- �-�-.,:' , :. -
<br /> settle a claim for dasnages. Borrocver fails to respond to Leader within 30 da�oa£ter the�4 he- .` �"� ._��
<br /> � make aa award or 1 the aceeds,at its optioa,either to s+estors� tepas
<br /> � � notice is given,Lend�r is authorized to colleci aad aPP Y Pi' �: .��',�'=
<br /> , � = property or.to_the sums secured by this SecuritY Instrument,whether or not then due. �not estend ar •: �'"'�'Y__
<br /> � . Untess Lender aad Borrowet otlietwise-agree in roriting.as►Y aPPlication�o ipreo�ceeds ro p��e amouat of s�ich -�� . .-
<br /> •'. . , postpone the due dat�of the moathly paymeats referned to ia paragcaP , �-._ .'
<br /> � " .. . . . . payments. '
<br /> ` ' 11. Borrower Noi Reteased;Forbearance BY Lender Not a waiver.Fstensioa of the time for���f A �` #-'�.
<br /> ' -�- -. .. . _ - modific�:on�o4 amortizatian of the sums securod by this Security Instrument granted by I.eader to anY '��,_�_;�� .
<br /> interest��Bonower ahall not operate w release the liabilitq of the�@na1 �o�1AB��o�eg�e� :�, ,
<br /> . intere.st.Leader shall aot be re�uired to commence proceedinge agai � .. .
<br /> : : . ' , ..�.. . time for paymeat ar mtherwise modify am Borrower 8f eucce�ors ia intez.°�.paYSecun��1�K b�II�ender in�esercisiag • : °'�'^ -
<br /> � demand made by the criginal Bonower or ,,�
<br /> .. . . _..._�...._. ��ri�t ar remedy�a11 not be a weiver of or preclude the esercise of a�F night or r�ed�a�v���d agreements -°" - , -
<br /> � �� ' � • 12.Succ�ssors aad Assfigns Hound;Joint and Severel Liability;Co-sf����Borrower.sub'ect to the � �%�:1 � ,
<br /> . . �
<br /> � of ttus Security Instrument shall bind aad benert the successors aad a s s igas
<br /> .. . provisions of paragcaPh 17.Borrowet's covenants and agreEments shall be 1�s Secusity Instrument only to mo g,ag�e. � .
<br /> . _ " tlus SecuritY Instntrnent but does Aot execute the Note:(a�und the�terms of this Secvsitq Iasccumenr lb) is not � � `�A'�� .��.a-_
<br /> - . � ' . . , ' gtaui and cyonvey t�:3t Borrower's interest in the Property
<br /> . . . p e s s oaally oblig,ated to pay the sums secured by this Securitq Instrumen�and (c) a�C'e�a tbat Lender and any other �: �`�:
<br /> � �� Borro�s�may agree to eatead.modifY.farbear or make any acco m modations with regard to the teima of this Seeurity �� : .
<br /> y '� • '�-
<br /> �� � � � Instrument or the Note without that Borrower s co�•
<br />- 1;, Loaa Chaa�es.If the loan sec�ued bp this Securitq Inscn►ment is eubject to a taw which sets masimu...*�loaa �
<br /> , ' ' finall inte reted so that the interest or other loas�chargea collected�-t°be �u�ia � . ;�.��.
<br /> ` � �. , � " charges, and that la� sa Y �
<br /> .-i}'`
<br /> °` . � � connection with ths raan eaceed the permitted�1 m��and (b) a�nY �m�lreadyecolll�f�ro Bor�i�ower which .� . : -
<br />.'�� ` necesser�► to reduce the charge to the petni . � ";�
<br /> � �� � � exceEded permitted�limits wilt be refunded to Borrower. l.endes' zaay choose to malce this refund by reduciag the {-
<br /> rinci ow e d un der t ha No t e cr b y m a k i a g a d i r e c t P a Y m�t t°B°n°wer'If a ref�d teduces principal.the reduction � '�. •.�"�,` .±, ;
<br />, '� '� •�� � p � � ment without any prepayment charge urcd�t the Note. � � �
<br /> . � , will be tteated as a�..stial prepaY •
<br /> � , �.::� . . 1q.Notices.?�y nou��Bonower provided for in thie Securi�F.strument shall be givea �I be di�rect�ed to he .. .
<br /> � � mailin�it by iirst class mail unlesa applicable law reQuires use af anof�es method.The notice sr. • : _
<br />.� :. � . � P��Ad�te�or any other address Bottower designate5 bp notice to Leades.A�y cotice to I.ender ehall be given by _
<br /> . • � firet clas4 mail to Lender's add iess��he t hall be deeraed w Uave�been giveu t�o�Horro erta Lender hen givne�► . .
<br /> ti; �,: �. t�pti�e ptovided foT ifl thts Seeu tq .
<br /> ' � . as provided in thie paragcaph.
<br /> � � •15.Governimg I.sw;Severability.This Sacurity Instruraent shal�ba Ba�emed by federa�law and the law oi the
<br /> �� �, ��: �. : jurisdic2ion in which t1ie�Pbl��i����I�ehall aot affect other prov sios�s of this S un�nrmenLor tt�e Nota 4�
<br /> � Nnte conflicts with appli �
<br /> `• L� � which can be given effect without the conilicting provision.To thia end the provisioas of this Security Instrument and , M
<br /> �� ' � ote are declared to be severable. � �
<br /> �, the N � '`
<br /> . .. ��asa 9J90 ; ,?:
<br /> •. � � . v�:•�of o tnitlelo• .
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