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<br /> �`R�.:�=,:- �,;�;�,. payments mny no longer bc reqaircd.at tho opUon of I.cndcr.If�ti�ttgt�a fnsurance covcrago(in thc anount and fer thc pe�clad &�;;�
<br />;.-�.•«�ery;�-• that I.ender rcquires)provided by an insurer approved by IxnAer egain bocomes avai�ble and is obtainod.Borrowcr shWl pn}►tho
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<br />_A;�C4�:,,"..r - , ; Premiums mqauted to m�lnt�n mort���e ingara�ace ln efFect, or to pmvido u ioss teseTVC. undl Ih�requirement for martgxge e�r�:-.
<br /> -_;��:� insurtujco e�uls ln accordance with eny writtcn egreement beewoers�om�wer end Ltn�rr ar appUcai►b law.
<br /> A"�� _ , 9.Inspection. Lendu or its agent may make rcasonublo cnuies upon and inspoetions of the Pmputy. Lec►der she11 givo _
<br /> Borrower nodce at the timo of or pdor to an irdsp�ccion specifying reasoneblo causo for the inspecdun. "�='.:'
<br />-'�m�� `°�� !0.Condemnation. The roceeds af nn award or claim fox ctamagcs, diroct or conscquendal, in connecdon with eny �
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<br /> � , q condemnation or other taldng of eny part of iha Propert�.or for conveyanee in Ueu of condemnadon,are hereby c�ssigneQ er�d r�.__-
<br /> , shaU bc paid to Lcnder.
<br />_ � . •.�). In the event of a rotal taking of the Y�roperty.tha proceeds shall bo applkd w tha sums sccwed by this Security Insuument, �r^`��
<br /> V` ''� ' � whether or not then duo.with any eacess paid to Borrower.In the event of a�artial takln8 of the Prnperty in which the feir market �-_
<br /> � � � � value of tho Property immediately bcfore the�aking�.s equal to or greater ihan the amount of the sums securod b this Securiry _:
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<br /> � �;�t. Instrument immcdiately before the taking, unlcss Boaower and I.ender otheiwise �eo in wdtu►g.the sums sccured by ihis ��,,
<br />_`;,i� '� '" SecurIty Insnvment shall be reduced by the 3mount�f the pracee.ds m�ltiplied by the following fracdon:(a)the total auwunc o� ���"
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<br /> . � the sums secured immediatPly before the takir►g, divided by (b) the fair market value of Yhe Property immediately before the �:��
<br /> _� . ; taking.My baL�nce shali be paid w Bo►rowet.In ihe event of a pattial taking of the Pro�cty in�vh�ch lhe f�?t�nprlcet value of ttte �:-_-
<br /> k , • Property immediatcly before the takin� is less than the amount o f t hc s�uns sec u r e d imm e d l a t e l y b e f o r e t h e t a k i n g, u n i r s s �`�"
<br /> _i_Y._ . :_�'_.� Fiorrower anci I.eud�uu�uwis�ag►r,�;u� wiltiug ur u�ilr,a�appti��lc f�zK•oth;•,tz�i��:oe•:des.�he�ro�'ct�s�hatl M Anplir�f m the !� :
<br /> ., su»u e�x:we.t 5y tt[s Socurry I�ssuw..cnt�:Fcthe:oz^ot the st:ms are Ihen dte. �-;;.'._
<br /> �- �'•. � If the Property is abandonod by Bonower,or if,aft�r nodce by Lender co Borrower that the condemnor offers to makc sn p_�
<br /> "' �' award or seule a claim for damages.Borrower fails to respond w Lender within 30 days after thc date ihe nodce is given,Leader �?ti.
<br /> �;:.
<br /> ';`,.,'.� is authorized to collect and apply the praceeds,at its opdon,eithec to restoradon or repair of the Property or co the sumq secured �_,
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<br /> ;, ;�, � by this Secur_ty Inshtmerit,��hetfier or noi then due.
<br /> �.,� Unless I.ender and Borrower athenvise s�gree in wririn8,a�►Y aPPlicadon of pr�ceeds to princIpal shnll not extend or postpone �:_��
<br /> ° , `° . the due date of the monthly payments refcaed ta in pa��agraphs 1 and 2 or changc the ainoant of such paymenis. �_:
<br /> � il.Borro�er Not ReleasetD;Forbearance By Lender Not a Waiver. Extensian of the time for payment or madificadon �"!°�--
<br /> ., �.�_
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<br /> _ vi a�uu�ia+cEiiivi�uf iSi�SiuiiS Swuttt1 bj%ihi�3u,uil�'I,'tSisusSi�iSl Q s.^.S�!h�Latl�•�a�y���r.�pecnr in intamst of Borrowet shell F,`'�*:�.
<br /> not operate io release the liabllity of the original Borrower or Borrowcr's surcessors in interes�Lender shall not be required to �•-,._
<br /> ' � conunenco proceedings against any successor in interest or refuse to extend time far payment or otherwise malify amortizadon of '"��;
<br /> � ihe sums secuced by this Security Instrument by reason of any demand made by the original Borrower or Borrower's successors •��:
<br /> � .. in interes�Any forbe,arance by L.ender in exercising any aght or remedy shall nat be a waiver of or preclude the exercise of eny sr,``
<br /> ' ;'1:i,.1 rightorremedy. ,�:"
<br /> •° 12.S�rccessors and Assigns Bound;Joint amd Several LiabUity; Casigners. 'Ihe coveaenu and agreements of this ,
<br /> � Security Inst:ument shall bind and benefit the successors and assigns of Lender end Bonower, subject to the provisions of -.
<br /> ., parsgraph 17. Borrower's covenants and ag[eements shall be joint and several. My Borrower who co-aigns this Security
<br /> Instcument but does not execute the Note: (a) is co-signing this Security Instrument only w mortgege.grant and convey thut
<br /> ' Borrower's interest in the Property under the tem�s of this Sec�uity instrument;(b)is nat personally obllgatcd to pay ihe sums
<br /> . ;� secured by this Security Inswment;and(c)agrees that Lender and any other Borrower may agree to extend,modify,forbear nr
<br /> . .. . , make any accommodations with regard to the terms of this Security Instnunent or the Note without that Boirower's consent,
<br /> s � . . , 13.Y.oan Charges. If the loan secured by this Security Instrument is subject w a law which sets mr�ximum loan charges,
<br /> and that law is Cnally inte�pmted so that the inter2st or other loan charges collected ar to be collected in connecdon with the loan
<br /> '� exceed the pern►iued limits.then:(a)any such loan charqe shall be reduced by the amoant necessary to ceduce the charge to the
<br /> ";����y+� pelmiued limit;and(b)any sums already collected from Bocrower which eaceeded pecmiued limits will be refunded to Borrower.
<br /> � Lender may choose to make this refund by reducing the principal owed under die Note or by making a direct payment to
<br /> . Borrower.If a refund reduces principal,the reducaon will be treated as a ptudtil prepayment without any prepayment charge
<br /> . .' • undcr the Noic. '
<br /> ' 14,Natices. Any nodce to B�aower providecl for in diis Security Instcument shall be given by deliverin�it or by mailing it .
<br /> • by Cust class mail unless applicable!aw requires use of another method.The notice shall be directcd to the Prnperty Addnxs or
<br /> ' any other address Borrowcr designates by notice to Leader.Any notice to Lender shall be givcn by first clavs maii to Lender's
<br /> ' address s�ted herein or tu�y ather atldress Lender designates by nodce to Borrower. Any notice provided for in this Seciuity
<br /> , Insuum�.nt shall be deemed to have bcen given to Borrower or Lender when given as provided in this paragraph.
<br /> � 15.GovernEng Law;Severabil➢ty. This Security Instcu�nent shall be goveaned by federal law and the law of thc
<br /> " �� r jurisdic6on in which the Properry is tocated.Yn the event that any provision or clause of this Security Instcument or the Note '
<br /> conflicts with applicable law,such conflict shell not affect other provisions of this Secuary Instrument or the Note which can be
<br /> . , , given effect without the canflicting provision.To this end the pmvisions of this Security Instrument and the Noto aze deciared to
<br /> , beseverable. �
<br /> �
<br /> Form 3028 81g0 ;
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