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<br /> �►ents ma na lon er be ¢'a��
<br /> pay y g c�x�uired,ut the option of Lendcr,if mortgagt instarance cav�erage�in tt►e a��n�ltl�tMperiod
<br /> th�1.ender roquire�)Pmvided by an ia.gurer�mvod by[�ndcr�gvn becomec av�lable u�Is obufued. Hc�rrawa�lu�ll qy
<br /> the premtum.g rrquirai to malntain mongege insuran�cs in effixt,ar to pravide a loss ee�ervo,�uitii tho i+tquirernent far mmigagc
<br /> insur�Kx ends in aocordance with any written agrantent betwan Burrowar end Lender or epplicablc I�.w. � '
<br /> � !i.Y�aspectzon.LendKr or tu a�ent cnay malce reasona6le cnaies upon ard Inspemion�of th�Propeny. Lcnder sh�ll gfve
<br /> Bomowar notico at thc time of ar priAr ta un fnspxddn spccl�'ying reasoaable cnusa for the inspa�tIon.
<br /> l0. Condemtut[on. Tbe pmcceds oi smy nwnrd or cl�im for damages. dIrxt or wnsequendal. ii�cannoction with any
<br /> condemnation or other mking of any part of the Praperty.or for wnveyanca jn Ueu of�andemnation, are Ftereby assigned and
<br /> shall be paid to i.e�er.
<br /> Tn the event of a total takins of the�wperty,the proceeds sholl bc applicd to th�surns secured by this Secwity instroment.
<br /> wixther ur not then due, with any exc�ss paid w Bor�+nwer. In the event of a pattIal taking of the Properiy in wh[ch the f�ir
<br /> market valne of the[�raperty immalietely before tho taking is equssd to or�renter thna�the amonnt of the sum.g secured by this _
<br /> Sxutity instnunent immediately before the takin�.onleac Borrower und Lender otherwise agtee In writing,We sums icecut�cd by
<br /> this Security Instrument shnll be ceduced by the nmoUat af the proceeds multlplied by the follawing fracdoa: (a) the total _
<br /> omount af the sums sera�red imme�iately before the taking. divided by(b)the fair market value of the Property immodiauly
<br /> befum the tnlsen�. Any h�lance shali t�e�aid tn Rnrrower. In the evQnt of a parti�l tuking of the Property in which ths fair .
<br /> martcet value of the Property iminediately before the taking is less than the amount of thc sums secured imntediately before the
<br /> mking.unless Borrower and Lender othenvise ag�+ee in writing or unless applicable law otherwise prov[des. the proc�eds shall
<br /> be:�psplied to the sums secured by this Security Insuuraent whether or rtot the sums are then dne.
<br /> If the Property is ubandoned by Bormwer.or if.after rtotice by L,ender to Borrower that the cundemnor offc•r�to make an
<br /> award�or settle a claim for danna�es. Botroaer fails to respond to I.ender within 30 days after the date the notIce is given.
<br /> Lender is authnriz�xi to collcxt and apply the prooeeds.at its option.either to restoration or repair of the 1Property or to the sums
<br /> secured by th'ss Security Instnrmcnt,whether or not then due.
<br /> Unless Lxnder and Sorrawer otherwise agme in writing. any application of pmceeds to principal shall nat extend or
<br /> postpo�x the due dute of the monthly�aymenu referred to tn para�raphs i and 2 or chaqr,e the amount of such puyments.
<br /> 11.Borrower Not Relepsed;Forbearnnce By Lender Not e Waiver.Fxtension of the t�me for payment or modi6cation
<br /> of amnrtization of tfie sums secured by this Seturity Instn.ment eranted by Lender to any successflr in interest of Borrower shall ,
<br /> not aperate to release the liability of the orlginal Borrower or Borrower's successocs in interest. C.ender shall not be required ta
<br /> commenoe procoedings against any surcessor in interest av r.efuse to extertd ame for payment or otherwise�nodify amortization
<br /> of the sums secured by this.S�curity Instnunent by rea.von of any demand made �} the original Borrower or Borrower's
<br /> successors in interest. Any forbearnnce by L.ender in exercising eny dght or remedy shall not be a waiver of or precluds the
<br /> exercise of any right or rcmedy.
<br /> 1Z. Suoces.cois and A�qig,as Bound;Jotnt and Several Liubility; Co-si�ters.The covenants arai agreements of this
<br /> Security Instrument shali bind .and bencfit the successors und assi�ns of Lender and Borrower, subject to the prnvistons of '
<br /> parsigraph 17. Bortower's couenants and agreements shnll be joint and several. Any Borcower wha co-si�ns this Secudty
<br /> Instrument but does not execute the Note:(u) is co-signin� this Security Instcumcnt only to mortgage. grant and convey that
<br /> Borrower's interest in the Properry under the terms of this Security Insuument:(b)is not personally obligated to pay the sums _
<br /> secured by this S�urity Instrumer�t:and(c)agrces that Lender and any other Borrower may agree to catend, modify,forbear or —
<br /> make any accommodations n�ith regurd to the terms of this Security Instniment or the Nate without that Boaower's rnnsent.
<br /> 13.Loan Char�es.If the loan secured by this Security instruinent is subject to a law which sets maxirt�um loan charges.
<br /> sutd that law i�finally interpreted so thut the interest or other loan churges collexted ur to be collectod in connectIon with the
<br /> loan exceed the pertnitted fimits,then: (a1 any such loan charge shall be reduced by the amount necessary to reduce the charge
<br /> to the permttted limit; and (b)any sums alr�:udy cotlected fmm Bomowef which exce�ded permitted limits will be refunded to -
<br /> Borrower. L.ender muy chaose to make this refund by reducing the principal owed under thc Nute or by makin� a direci
<br /> payment to Borroaer. If a refunrl reduces principul, the rcduction will bE treated as a paKial prepaymen¢ without any �
<br /> prepayment charge under the Nate. �'-
<br /> 14.Notfces.Any notice to Borrower provided For in th�s Security instrurnent shall be given by deliverin�it or by mailing �
<br /> it by first class mail unless applicabte law requir�s use of:u�other method. The notice shall be directed ta the Property Address �.
<br /> or any other address Borrower designates by notice ta Lender. Any natice to Lender shall be given by first class mait to �.
<br /> Lendes's address stnted hercin or any other address Lcnder designates by notice to Borrowcr. Any notfce provided for in this
<br /> Security Instn►ment shall be deenied to have been given to Borrower or Lender when given as provided in this paragrnph.
<br /> 15.GoverninA Law; Seeerubiltty. This Secariry Instrument shntl be govcrned by federal law.und the law of the
<br /> judsdFcNon in which�he Property is lorated. in the event that any provision or c�ause of this Securiry Instrument or the Note
<br /> cnnflicKs with applicable law,such conflict shall not affcct other provistons of this Security [n�trumeut or tl�e Nute wi�irh rsn be
<br /> atven effect without the conflicting pruvision. To this end the provisions of this Securiry Tnstrument und the Note are deelared
<br /> to br:severable.
<br /> 16.Bormwer's Copy.Borrower shalf be given one rnnformed cnpy of the Note and of this Security Instrument.
<br /> Form:i028 9180
<br /> PRgo 4 oT 8
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