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<br /> puynxnts r�uyr no Imiger be rcq»irarf, at the o�►tion nf[.�►x4;r.if rrw�rtgr,�e inauranc�crnerege(in d+e�x�nt aud 1'or the paj'fa1 '
<br /> �1►�t I,end�r raquira)provided by an iusurar tppravecf by l.endcr a�rin he+comes�vailat+ie wK!is ceb�inai.&.rrower rt�ll�wy
<br /> tr.e praniums rcquir�d IIu nuiintain mangage insurance in cffect,��r to rrovidc a Icx.9 reserve.urnfl the iequiceir�ee�t frn'm�6� .
<br /> insura�x�e uds in acmrdance with�ny written agree►nen[ixtweru au��uwrr a��J:..�:3..:.�:»YF!ic:�i;l�c�.
<br /> 4. ImpOCtton.L.ender�nr its ugent may make tca�o►�rble entries upon and impoctions of the Pmptriy.La.'nda'shall �ive
<br /> li�rrowee notico at the time af or prior to an lr�spection specifying rrasonable cause for the lnspectton.
<br /> 10. CocMemnaUon.Thr,praeeds nf any award ar claini for damagcs, direct ar consequentis�,in cotinect+on with nny
<br /> condemnation or uther taking of any part af the Property,or for conveyancc in lieu of condemnation,ure he�+cby assignod nnd
<br /> shall be paid to Lender.
<br /> In the event of a total taking of the Pxoperiy,the procceds shall lx:s��lied ta tha sums secu►�es1 by tteis Srcurity Instn►ment,
<br /> whetlter or nat tk�cn due, with any cxcess paid to Horrower. In the event of a partiul taking of the Property in whir.h the fair
<br /> rn�rket value af the Propert}r immediatefy before the taking is equal t�or grcater than the nrr�ount of the sum:*secured by lhis
<br /> Security I��strstment immafiately before the taking,urilcss f�rrower and Lender otherwisG a�i�in writing.the sunas secure�by
<br /> this Security Ins[rument sliall bc reduc.cd by thc umaunt of thc pracceds multiptied by ihe fofluwing fr�ction: (a) the total
<br /> amount of the sums secured immediately bcfore thc takinb, divided by(b)the fair markct value of the Yro�erty immodistely
<br /> hefore the tak.�n�. Any baiance sliall be paid ta Iiorruwer. In the evcnt of a partial taking of die Property in which the fair
<br /> :�..irket va.�e �f the P �p�.rty immediatcly beforc the taking is less than the amount of the sums sccurcd immecii•rteiy i,ciuic i K.
<br /> taking, unless Borrower arui Lender other+vise agree in wrtting ur untess applicable law otherwise provides,the proceocts shall
<br /> bc applied to the sums sccured b this Securit [tistrument wltether ar not the sums arc Yhen duc.
<br /> ..-- �- ..�...».+.......i 1.o Rnrrnwer. �r if.nfter notice bV L.CI1dC!t0 13onOwei t�t3l[it�cuudciiii�o�a�ffC�LO it:���°..^-
<br /> iiutc t tv`n,:�y�a................« -.
<br /> award or settle a claim for darnages, Borrower faiis to respond to Lervler w(thin 30 days after the date tha nocice iy ���a�,
<br /> I.endcr is authorized to collcct and apply thc procecds.at its op?ion,siWer Yu restoration or repair uf the Prope��iy ur ta thc sums
<br /> suunjd by this 5ccutity Instrument,whethcr ot�ZOt then due.
<br /> Unless I.e�ider and Bc�rrower othenvise ngree in wr_ting, a��y application of proceeds to �rincipal sl�all not extend or
<br /> postpone rhe due date of the monthly payments referced to in paragrnp6s I and 2 or ch�n�e the amount nf such paymeuts.
<br /> I I. Bormwer Nat Released;Eor�earance Ay L.ender Not n Waiver.Extension of the time far pay��.nt ar mcxlitication
<br /> �f amoniz�tion of the sums secured by this Security Instrume�►t granted by Lender to any successor in interest of Sorrower shall
<br /> not operate ta rete;GSe the liability of tho original Borrower or Borrower's successors in interes[.i.endcr si�aii in,i`va��y'u:.:�ic
<br /> commence prucaedings ag�inst any suecessua�in interest or refuse to extend time for payment or oth�rvise modify amortization
<br />- of the sums set:tual 6y this Security instrument by ccason uf any demand made by the origirw] Borrowcr or Rorrower'�
<br /> successors in interest. Any furbearance by L.ender in exercising any right or remedy shall nut be a waivcr of or preclude the
<br /> exercise af nny ri�ht or remecly.
<br /> 12. Succ�sors and A�sslgn.9 Bound; Jaint uad Several Liability; Co-slgners. The wvenants and asrcements of this
<br /> Security Instrumont shall bind and benefit tl�e successors and assigns of I.ender and Borrower, subjcct to the provisions o:f
<br /> paragraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co•si�ns this Sccurity
<br /> Instrument but does nqt execuee the Note: (a) is co•signing tnis Securiry Instn►ment only to mortgnge, grant :u►d wnvey that
<br /> Borrotver's interest in the Property under tlie terms of this Security Instrument; (b)is�ot personally obligated tc�.yuy the sums
<br /> sccurcd by this Security lnsttument;and(c)agrees that Lender and nny other Borrower may agrce ro extcnd,modify.forbear ur
<br /> make any accommodations with regard to the terms of ehis Security Instcument or rhe Note without that Horrower's consent.
<br /> 1'J.Loan Charges. If the loan secureci by this Security Instrument is subject to a law which sets mtucimum loan ci�arge.ti,
<br /> And that law is finally interpreted so that the interest ar other laan charges collected ar to be collected in connection with the
<br /> loan exceed the permitted IimiGs,then: (a)any such loan charge shall be reduced by the amount necessary to reduce the charge
<br /> _ to the permitted limit; and (b)any sums already coflected from Borroµ�er which exceeded pecmitted limiu will be refunded to
<br />_ I3orrower. Lcndcr may choose to make this refund by rceiucino the p.rincipal owed uuder the Note or by making a direct
<br />- payment to Boerotiver. If a cefund reduccs principal. thc reduction will bc treatui as a punial prepaymcnt without an�r
<br /> prepayment chargc under thc Note. _
<br /> l4.Notices.Any notice to Bortower provided for in this Security Instrument shall be given by delivering it or by mailing _
<br /> it by first class mai!unless applicabie law requires use of another metliod.The notice shall be directal to tlie Property Address
<br />= or any other address Borrowcr dcsignates by notice to Lender. Any notice to Lender sl�all be givcn by first class mail �to
<br />= Lcnder's address xtuted h�•rcin or uny other nJdress Lcndcr designates by notice to Borrower. flny notice pravided for in thus
<br />= Securety Instrumcnt shall be decmcd to have been given to Bonowcr or Lender when given as providul in diis paragraph.
<br /> 1�.C�F�ernln� L�w; Sevcrubillty. This Sccw•iry [nstrumcnt shall be governed by fcdcrsl I:►w and thc law oi thc .
<br /> � jurisdiction in which tlie Froperty is locatccl.In the event that any provision or clause of this 5ecurity Instrument or thc Not�
<br />_ conflicts with applicable law,such conflict shall not affcet other provisions of this Securiry Instrument or die Note which can be -
<br />= given cffect without thc conflic�ing provision.'fo this cnd dic pravisions of this Sccurity Instrument and thc Notc are dccla�red _
<br /> = to bc scvcrablc.
<br />= 16.Borro�t�er's Capy.Borrower shall bc siven one conformed copy of the Note and of this Sccuriry Instrument. „
<br /> Form 3028 9190
<br /> = ra90 0 oi e
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