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<br /> '' � ill�lu�f'W(��ksd`r'� : ` - --. _ _ _ _ _ _ _
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<br /> --- --� i�Yments may no{onger be requirod,at tho aptlon of Lenda.if mostgago insuruica casver�gc(in tha er.twunt�urd far!ha prri�xl
<br /> - that Laidet raq�uires)Pc'uvidcd by an ia�nu+a appmvad by L,ender aigaitt becomes�vrilabb aMl i�o1Kalned.8orra�ver th�11 I�Y�
<br /> pcemiuma roquircd co mainralie mort6ABa i�ranoe in effcct. or w P�avWe�bu raa�►a undl tho requiremenc for martgaqe
<br /> - ia4ivanca ends in acaordanx with any wstua�a�eanent betwexr►Bcxmwer and Londa a aps►iicabb It�v. It_��sh�1! ive .
<br />-- - - -�' y.I�sp�io�. ,i,enda or ite ageat may n�ke ce�o.�s�irSo c��i�cics�ratm 9n..�t�fans of ttm 1Pr+ng'riY• E! .
<br /> Bomflwei no�ce at the dme of a prior ta aa Iaspection specifYlnB r�o�bk c�n�e foc�he hupac�an. .
<br /> ��n a0.Conde�nwtion. 'lUe psooeats of eny awaM at claim for daate8a�djract ar�9�aulal.ln connecdt►t�wrbh any
<br /> -`• condemn�un a otbwr t�inB��Y P�oi the Pnapari►.or for canvaya�a in ikv af canddtu�a�on.ao�Y��
<br /> -__=�-= s6a11 bo paid w LEUder.
<br /> -----__-_= In the avcnt of a cwal teicinng of che Propaty,the pcoceods sh�11 ba appliod t�o tha eunu eocurad by thi�3ocurity initn�nea4
<br /> a
<br />_ -_--_ _ _ -_� wheaha ar aoc then due.wl3h arry w�ccss peid to Boreowcr.fn tha�vent of a pmtla�l te3dn8 of tu+s PmpatY in which the trir m�cket
<br />--- _—�- value of the PmpacY immodiuely 6efaro tho WdnB L�aqwl tn or�eua tMm the�nou�t of Ihe wms�ocurafl by thl�Secu�itY
<br /> _-------=G,� Insuument immedisuty befora tbe taking�unks�Bottowet and Lcndec o l t�a r w L e a�ao l n w d d N� t h o w m s�e c u r e d b y t h i�t
<br /> --�.�.w�,�;-;� Securiry In�tnccncnt shall bn reducad by t6o una�nt of tl�o pmcxals muttipllad by tho folbwing fracdosi:�s)tAe wul Mrwunt pe —
<br /> -_-:�*:W tho sums securad immcdiately bnfora tho roldng.dividaf by (b)tho feit ttiwkct vsluo of tha Pe�cporty immedWaly befote tho
<br /> �ing.p,ny baynca sheli be peW to Bomowa.In the avent of a patW tilcln6 ot tho I�capa'ty in whkh 11�e[�lr mtr�ot v�lue of tha
<br /> _ =-==���- pc�erty immodlately beforo tho t�kin8 ie ta�s than tda mount oi�ho aums encivad inunodlatdY befo[o rhe tak�o�.w�k�t
<br /> �.�;:'�'.'��.� Borrowu and Lendex othavvL�e egree!n wridng or un1aa applis�abk law otha+ov�e pmvldes�tha pc0000d�eiwti��y�tietll tu tJ�
<br /> ��w- :;�o�ra sums sacure��Y thie Sxudty Inswment whe�her or n►�t the swas am then due.
<br />.:.���y���AN�������
<br /> ' If the Pre�ty is abandoned by Barrower.or if.after noflr,e by Lcnder to Bomowcr that the oondemna offar4 to mdce rj
<br /> -_'���-.���'.�'^"y,if�IS:•
<br />•,:;;,,.:,:,;���;;�� awacd or saale a claim for datnages.Bamwu fella to raspond to I.endet wtthin 30 daya afas the detv�e aoiicce is givai,
<br />, '' is authorized to collect end epply the procaods.et its option,either to t+estoration or npair of the Prope.�ty or to the aums eeoured
<br />�����„;���� '` by this SeGUity Inswmeat�whethet or not tha�due.
<br /> .. � Ualess Lendes end Borrower otherwjse agra+ln wrl�ng,any appllc�tion of pmcecds w princlpal shall not eatend a P�4�
<br /> "� � `� �� the due dau of the monthly payment�refeAed to in pare�r�phs 1 and 2 or change t6e amount of such paymeats.
<br /> . _ . "i, 11.Borrowu Not Rele�sed;Forbwrana By i.ender Not n Wah►er. Batension of the tL�ne for paymcut or modifl�don
<br /> • • �' � of amo�i�adon of the sums sec�red by this Securlsy Insuument granted by Leader to any successor in interest of Borrowa sh9ll
<br /> , . ' r not ogaate to release the liability of the orlginal Boirnwcr or Borrower's succe�sors in intens�Lender shafl not btz required w
<br /> _. �<<`' commence pr000edi�8s egainst anY su�or in inOerest or cciusa to e�ctend time�ar paymait oi c�tiia�isa��s of �
<br /> ,>:, .::• the swas secured by this Seca�rlty lnsuument by reason of any demaad madu by the orlginal Borioaes or Borrower's suaxssors
<br /> � '; in intemst My forbearance by Lertder ia ex�+clsing m►y ri8ht or remedy ahall not be a wa�ver of or prc;clude the exercisa of any
<br /> , : tigttt or reraedy.
<br /> � �;;:�;. 1'Z.Sacce.ss�rs and Asslgns Round;Joint and Several LlabWty; Co-sigr►ere.'ibe covenants and agreeinents of this
<br /> `<'�" gocurity Insuument ahaU bi�d and beaefit the aucec�ors and assIgns of Leader end Borcower,subJact to tha pmvistons of
<br /> °1:���.�. . ;:'�� paragraph 17. Borrower's covenauts and agre�ments shall be joint and seve:al. My Bo:rowa who co-stgas tlils Socw�ity
<br /> • . . Inshument but docs aot eaceeute the No�e:(a)ls co-signing this Securlty Iast�ument only to mongage��rant and convay that
<br /> � .:`��;'';r�;. , ' Borrower's interest in the Proparty under the terais of thia Security tnstn�ment;(b)ia not personally obligated to pay tbe sums -
<br /> ;�`.�� ,.;,., sec�red by this Securlty Inswment;and(c)agrees that La�der end aay other Batrower may agc�to extend,modify,faflxar or __.
<br /> ,. ti;�>, make any axommodsttlons with regard w the tenna of t1�s Security Insuument or the Note wlthout that Borr�wer's consent __
<br /> " ' �'>:::� d
<br /> 13.Loan Ciwrges. U the loan seciucd by this Security Iastruimeat is subject W a law►ahich sets maximum loan charges,
<br /> • and that law is finally intapreted so that the interest or other loan charges colle�tad or to be collected in connec�on with the laan F:
<br /> ' exceed the peimiued llmits.then:(a)any such loan charga ahall be reduced by the amount necessery tn reduce th$cdargo w the r:
<br /> � ' pe:mitted 1imi�aad(b)eaY sums already wllected from Bamower whtch excoeded peta�iued 1lmits wlll be refunded to Soima�er. �-
<br /> � ��n Lender may ch�ose to make this refund by reducing the principal owed under the Idote or by making a�paymeat to
<br /> '•F Bosower. If a refund reduces princlpai.the reducdon wlll be treated as a pardel prepaymenc without enY preFayment charge =.
<br /> . ' .. ���#� under the Note. -
<br /> ' "�::'. 14.NoHc�s. My notice w Borrower provided for in this Security InsWment shsll be given by deAvering it or by rnailing it _
<br /> � by first cla� mail unless applicable law requires use of another methad.The nodce ahall be cUe�c�.ed w thcs Pcoperty Addross or _
<br />. ^ , � ' any otha address Borrower deslgnates by noflce w Lender. Any aotice to Lender a6aU Ue glven by first c�ass mail to Leader's -
<br /> t:,,'
<br /> t;�, address stated here3n or any other address L.ender designates by notice tn Borrower. Any natice provlded fo:in tGis Security �
<br /> ' � Instrument shall be deemed to have been given to Brnrowa or Leadcr when given as provlded in t6is paragaph.
<br /> ' ' 15.Goveming Law;3cverabtlity. 'Ihis Securlty Instrument shaU be govemed by fedaal law and the law of the �
<br /> " jwrisdicdon fn which the Property is Ioceted.In the eveat that any pro�Lvlon or clause of this SecurIty Instr�met►t or the Note f
<br /> � • cpnflicts wlth applicable law.such conflict shall not effect other pmvIstons of thia Socurlty Instrument or tde Note whfch can be �
<br /> ' � glven effect wlthout the conflicting provision.To this end the provistons of�fiis Securlty Ins�ument and the Note are declered to ,
<br /> . be severable. '
<br /> ." � • Form 3028 YloO �
<br /> , . : Q�-8R(NE)IOa�A) Pap•a ot s im�ats: -_- ----
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