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<br /> 9 S-�1��t�!�A .
<br /> paymcnt�muy no limgcr bc rcquired,ut thc aption of Lcndcr, if mortgagc intiurancr.covcrugc(in thc amuunt und for thr,pedod
<br /> that l.enacr rcyuircx)pr��vidcd by an insurcr uppnival by Lcndcr aguin becomcs uvuilnhlc and ts obioinrd.Barrowcr shaU pay
<br /> " . • the premium.rcyuired to���aintaim m�rtRn�c insurancc in effect.c�r to providc u li:ss rctiervc,until thc rcquirement for mortgage
<br /> ' insurance endt in uccorduncc with any written ogrccmcnt bciween Borrower and I.ender ur appticablc law.
<br /> . 9. Inspectinn. l.ender ur its ugern may mske rcasonablc entrics upon und inspc�ctions of the Pmpercy. Lender shnU bive
<br /> , ,�_^�:: Ducrower natice at the time of or prior to un inspection�pecifying reasanable cause for the inspection. ,
<br /> „, l0. Cnndemnuttan. The proceods af any uward or claim for dumages, direct or cansequentiul, in cannectian wlth any
<br /> candemnation��r ather taking of any purt of the Property,or for conveyance in lieu of condemnation,am hereby assi�ned and ,7.
<br /> � : shull bc paid ta Lendcr. ��
<br /> ' , • • In the cvent��f a totul takin�of the Propeny,the proceeds shall be applied to the sums secured by this Security lnsteument,
<br /> .- whether ar not then due. �vith any excps paid to Bonower. In the event af a partial taking�f thc Property in which the fair �,
<br /> � ' � market value uf the Property immediately befare the takin�is cquai to or greater than the umount of the sums securecl by this `�
<br /> Security Instrument immediately befare the taking, unless Borrower and L,ender otherwise agree in writing,the sums secured by ��;:
<br /> this Socurity Instrament shall be �educed by the amount of the proceeds multiplied by the following fmction: (a) the total •�i�� '
<br /> �� �.. amount of tim sums sccured immcdlately beforc the tulcing, �ii�ided by (b)thc fair market value of the Property immediately ' ' .`
<br /> • � � " J # l�fore the tutcing. Any balance shall be puid to Borro�ver. ln the event of c�partial taking of the Propetty in which the fair � .
<br /> � market value af thc Propcny immeciiutely bef�re the taking is Icss than the amount of the sums secured immedis►tely before the ••t�;�•i
<br /> ' taking. unless Borro�ver and I.enderotherwise agree in writin�arunless uppltcable luw otherwise provides, the proceeJs 5i�nil "���:;,>�
<br /> � be appiicd to the sums secured by this Security In�trumcnt whethcr or not the sums ure then due. ���`-�
<br /> If the Property is abandoned by Borrowcr,or if,after notice by Lender to Borcower thut the condemnor offcrs to rtwke an ��'��
<br /> �� r�,, award or settle u claim for dama�es, Borrowcr fails to respand to Lender within 30 dnys after che date thc notice is given, �+,
<br /> Lender is a►tthorizeci to collect and apply the proceeds,at its aption,eiU�er to restorution or repair oF the Properry or to the sums ! .'..,,
<br /> ;, " ;�Z secured by thi�;Security Instrument,whether or not then due. `'����'"
<br /> ;���,�.a. ,
<br /> .. �,: Unless Lender and barrower otherwise agree in writing. any application of proceeds to principal shWl not extend or ;��'�
<br /> aS:.
<br /> �. postp�me thc due dutc of the monthly payrnen�s refernd tu in paragraphs 1 und 2 or chan�e the umount of such payments. � ��,`��',-�'
<br /> ~ � il.Borro�r•er hot Released: Forbearnnce By Lender Not a Waiver. Extension of the time for payment ar mcxiificatian ;�..�.
<br /> " �_ -� at'amariix;►tion af she stsstt.setstted bY lhis Se!�t�rity inc�n�ment gnnted by[.ender to any successar in interest of Borrower shall •_
<br /> � � not operate to release the liability of the ortginal Borrower or Borrower's successon in tnterest. Lender shalt not be required to f;; �
<br /> ' " commence proc.xdings ugaiast any successor in interest or refuse to eatend!'sme for payn�ent or othenvise mod'sfy amartizatlon �����
<br /> �..• enn�r;��.
<br /> S of the sums secured by this Securiry In�tn�ment by rca.tion af eny demand made by the arigtnal Bflrrower or Barrower's ��;,;�;
<br /> � . successors in i�terest. Any forbearance by Lender in exercising any right or remeciy shall not be a waiver of or preclude the ��°'•
<br /> . . , � .� exenise of any right or remedy. Hq'�'';
<br /> 12. Su�ors und Assi ns Bound;Joint and Severat Liabttit ; Casi ners. Thc covenams and a reeinents of this """"`�'
<br /> .:�:�,�.:���, ...:� ? � y � s �,�=�k�;
<br /> � ;µ .� security Insttument shull bind and beneftt the successors and :sssigns of L.ender und Borrower, subject to the provistons of e___
<br /> ,�, _,. ,;,,,,�,.i paragraph 17. Borrower's ��venant� and ugrePments shall be joint and severul. Any Borrower whu co-signs this Security =i��_
<br /> �, •.� Instrument but dces �ot execute thc Nocc: (a) i.co-signin� this Security instrument only to mort�age.grant and convey that �,s,
<br /> ' •�'� ��� Borrower's interes[ in the Propeny under thc terms af this 5ecurity Instrument: (b)is not personally obligated to pay the sums R��"
<br /> �.r_--
<br /> 1- -�:.,�...�. �:�•• secured by this Securiry Instrument;and(c>ogrces that Lender and any other Borrower may a�ree to extend. modify, forbear or �-
<br /> '�`� "��' ` � m�ice any accommodations with mgard to the terms of this Sc..curity Instrument or the Nnte�vithnut that Bonower's consent. ""'''R`
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<br /> :.ry�..,�;.,,,,�,.�, 13.Loan Charges. If the loan secured by this Security Instrument is subject to u law which se�s rnaximum laan charges. �`�„�1,.,
<br /> _:'.: , f,: aad thut la�v is finally interpretec! so thae the interest or other loan rharges collected or to be collected in connecuon with the ��,,;
<br /> .-'` '- loan exceed the permitted limits,then: (A)uny such loan charge sh:ill be reduced by the amaunt neces�ary to reduce the charge �w:
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<br /> � ' ' t�the permitted limit:and(b)any sums ulready coltected from Borrower which exceeded perrnitted lirnits will be refunded to �F,�__
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<br /> IDa�rrower. Ixnder may chaose to malce this refund by reducing the principal owed under the Nate or by making u direct v��:�...
<br /> y1tr,=e-;.-
<br /> "�;,;".�i f ,;, payment ta Bonower. If u refuttd redures rinci al, the rcduction will be treated as a pa�tial prepayment without any �t=���==
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<br /> -;:'`-�� -;�-R .-- prcpaymcnt chargc undcr thc�totc. -
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<br /> _ . 14.Notie�.Any notice to Borrower provided for in thix Security lnstrumeat shall be given by delivering it or by mnilin�
<br /> -- �'�n°;.
<br /> ``.j`,t�;,: �' , .p'• it by first class mail unless applicable luw �equires use of another method.The notice shall be directed to the Property Address �:,T�.
<br /> �;:;Mf. . '�► ' . or any other address Bonowcr desi�nates by notice to Lendcr. Any notice to I.xndcr shall be given by first class mail to '�'�`�;`
<br /> �� ����"�
<br /> �-� '� �t' Lender's uddress rtntcd hemin or:u�y othcr address Lendcr designates by noticc to &�rn►wer. Any notix pmvided for in this r::��
<br /> .... . �`�yr� .
<br /> ` " Security Instrument shall be deemeci to have been�iven to Burrawer or Lender when giren as pro�•ided in this paragrsph. titl� _
<br /> � � � ' IS.Governtng Law: Seventbility. This Security (nstrument shull be govemcd by fi,�decal law and the law of the �,°'.
<br /> '+••. jurisdicticm in which the Property is ior.ued. In the event thut any pmvisi��n or rlause of this SeCUtity instrument or the Note `�s. -
<br /> .;},�;t;':: . r;., :
<br /> -_�,.�R.�r ' , conflicts with applicable ln�v,such conflict shail not utTert othcr provisions of this S�ucity Instrutttent or the Note which can be y;t?;<•;
<br /> � �:`''�:;. �iven effect without the conflicting pmvitiion. To this end the pmvisians of this Sccurity Instrument a::d the Nate:+re declareci ��.��:
<br /> � " , to be severable. ,
<br /> - � 16.Borrower's Copv. Bonowcr shail Be givcn unc ronfurnu�cl capy uf thc Notc and uf thcs 5;.�.vrity Instcument.
<br /> Form 3028 8180
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