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<br /> ��t r _ .p�yments a�y no longer be required,at the option of Lendes,if martgage insur�nce wverage(in the smouni end for the per3a�
<br /> .':�:`• 4�•`,.�y���`��, that I.ender recNires)Prwided by an ias�er appro4�d by Lender again becomes availabte ana is obtained.Borrow�r shall pay ==
<br /> ' - `' Ehe premiums required to Uqaintain vnortgage insurance ia effeci;or to provi�e a Ioss reseive.uhtil the rraryirement tor mortgage :�`
<br /> ` • � insUrauce ends in atcQrdance with any wriuen aSreeme�6etween 8omower artd�.ender or applicable law. � . .
<br /> uen
<br /> • _ _' _r''''` 9.Ym�an�Lender ur its agent.may a�ake reasansble encries upon and inspections of die Froperty.LQnder aha!!give _.
<br /> _ -, _. �:
<br /> �� . Borrower norice at the time.of or prior ta an i�sei;tion specifying reasonable c�se for the i:upection.
<br /> �..
<br /> '` 10.Condemnat�au. The�proceeds of aay;award ur cIaim for damages,direct or consequ�ntial.in cannection with any
<br /> ���� ;. . .�����Q�.tA�.ef�ny�-s:�i th�•Pr�pe�ty,or fos coaveyancs in lieu.of condemnation,ase hereby assigned ead �'::
<br /> ,,;.�,;� ;° s�ll be paid w Lender. • • .. . . ,; . -
<br /> , -, �� '`'. ;;;,•Irr the event of a tntal taking of the PropextY,�ie praceeds shall6e applied to the sums secur�d by ttis SecariiY��ent. �,
<br /> �_._3,,�`,�.:. ��3.� '�cv�ietth.r or not�he�:cic?e,-with any excess pai3 fci:�oxrQwer.Ia th$event of a partial taking of the Progerty in which the fair --
<br /> ,„,�„z;,�,�`x:���.' market vatue of th��F�apertY i�ediately befoi�xtie xalang.is equal to or geester than the amoum of the st�ms secured.by t6is , �:
<br /> s,�L. `>, ,�';.¢ Security Ins.ayinem iinmediateIy befcira tb�sa�ng�iigless.�qarower and Lender othera+ise agrce in wriring,the seuas secured by �;.
<br /> � ;,� r.�{ : � this Securixy Instrum�nt shall be rec��d 6y tE�s amc�ni o�the pmceeds multipliad by the fallowing fracrion: (a}the tata} •
<br /> j l.� � amount of the snms secured immed'}a3ely 6efare L�e�ing, divided by(6)the fair marlcet valae of the Property immediately �.-
<br /> ��i�,����_ before the ta?�#g. Any balanc�shall be paid to'�oAiawer. In the event of a partial taking of the Property in w}ucb the fnir --
<br /> .��:• warkef ya:a�o�the Property immediately be�ar��e takict�is less�the amount of the sums secured immediately 6efore the _
<br /> '` ;� }` �#' talring��;ess Borrower and L.ender atl�rFrisga�c�iu writing ar tmless applicalile law otherwise provides.the pmce2�s shall _
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<br /> �. ���: be appli�to the sums secured by this Secaz�t�U�nt whether or not the sums ace then due.
<br /> �, r �� :�� ... ....... .....i€_the.Pcnpe�ty_.i�_a1t�n_do�ed_by_Bonqcqer,.or'if.aRer notice by Le�tder to Borrower that the candemnor offers to ma?ce an.--.-.-- . -
<br /> _._.._-------- � - --�----�-----�--------�
<br /> �� � ', f ��`. -. awari�•or settte a clvm for damages. BorroweT fa�.s to respond to Lender within 30 days after�tlie�,date the�notice is-given;
<br /> ��m�l�... -
<br /> -=-;,�M,'�.;,;.� . � �,ender is.authorized to collect aad apply the proozeds,at its.optlon,either to resioradon or repair of the Property or to tDe sums _
<br /> •- :�. ' ' �� secure�Y'�s�t this Secwrity Inswment,whether or not then due.
<br /> _.n;.s*' .
<br /> 1 �' L''n'�sa Lender and Borrower otherwise agree in writing. any application of praceeds to principal shall not exiend or
<br /> ��'-.z:.�;,,�;i�;�,`,{ '•f postpc�ie��due date of the moathly payments ref�ed to ut para�raphs,l arid 2 or change the amount of such Qayinents. - ,
<br /> ���� . {�
<br /> ��L���� .` — yi��nrro�ver Not Reteased;For6earanaa.S��Le�!{�r'I�ot a V6�aiver.Batension of the time for payment or modifiradon
<br /> of a.moriiration of the snms secureA by this Security�ume�rt gcanted•by.Lender to any sucressor in inte�st of Borrow�r shatl
<br /> :�rs .��... +
<br /> _ y'' '��'�:� not operate to release the lia6ility of the original BorrQa+er.iir Borrawer s successors in interest.Lender shal!noi 6e required to
<br /> .:�;��.;-_.,�
<br /> -__.�E3�_.�?�.�. � commence prpceedings against any su�cessos in.?niraes�or•sefuse m extrnd'tim�for payraent or athenvise modify amnrtir�tioA
<br /> -��"-'�-� � ` '%�k of the surns sectued by.this Sec¢rity F�stivrzient by reason.of any detn�nd made by the originat Borrowec or Botrower's
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<br /> - ---•.„i�:'�• successors in interes� Any forbeaiance by�.eader in exercisa?garry right or remedy shall not be a waiver of or p;eclude tfl�
<br /> _- �' • exercise of any right or remedy: - •` . .
<br /> - -T �'�'v" 12. 3necess�is and-Assfgns 8amm�1;�r�iax antl SPS�ra! i.iab�.ii�.��gners. The covenants and agreements of this
<br /> ;;,a�.�f� W Securiry Instru�z;,t 'shall bind and beneft�.he successors and assigns of Lender and Bonower, subject to the pravisions of �
<br /> --�•=�"`��'� � paragraph 17.,tr3;?mwer's covenants and��ments shaU b�joint and several. Any Borrower who co-signs this S�curity .
<br /> --==��°``� Instr�ment but d'oes not execute the Note:(a�j'�s co-sigaing this Sea�rity Inswment o�tly to mortgage, grant ansf coavey that'
<br /> -='-"'�''"�'�� Borrower's interest in the Properry under th���ns of th;s�ecurity Instrument;(b)�is ri�t personally abiigated to pay thc sums -
<br /> ""- --- secuFed by this Sec,urity Inswment;and(c)agrees that I.ender and any other Borrower may agree to extead,madify,forbear or
<br /> —.� • u�ake any accommodations with regard to the terms of this 5er.urity Iristrument os the Note without tbat Borrower's conse�nt. ,
<br /> — '. 13.Loaa Cha�ges.If the loan secured by this Seauity Ins�rument is subject to a law w�ich seta maximum loaa ch�rges,
<br /> � and that law is fwalIy interpreted sn that the interest or other loa�t tharges collected ur to be co9lected in cormectior�with the
<br /> - loan exwed tMa�eimitted limits,then: (a)azry such laan c4�ge,shaft be red�ced by tii�amount necessary to reduce the charge •
<br /> ._ co the'Qermitied limit:and(b)any sums alr��y^collected faa�Boaowez wiuch exceeded peimitted limits wiil ba refunded W
<br /> �� Borrovler. Lender may;�.':aose to make�:is Te7v.nd by re�:a.�a�s�r•in�ipal owed under the ATote or by ma3cing a dir�cx .
<br /> - payment•to Borrower. 1�'�,refund red�o� �ir.�cipal, ue reductio� w'sIl be treated as a partial prepaymsnt without any
<br /> - -� prepayment charge nnder tte Note. . . � ' �
<br /> - , �4.Notice�.Any natioe to Borsotver p:ovided for in this Securiry L�strument shall be given by delivering it or by mailin�
<br /> _ - it by first class mail unless�"_ieabie law re�i:es use of another met���.The aotice shall be directed to the Praperly Address .
<br /> ��� nr any other addres9 Borro:��z.designates 4� na�ce to L.ender. Ar:y :iotice to Lender shall be g'saen by first class mail to
<br /> -�_� l.endcr's address stated herein:ar.any other��:ess Ixnder designa'_a 6y..notice to Borrower.Any notice provided for in tbis
<br /> � Secu�ity Instrument sha111�e deemed to have�been given to E�r.ower ar i.�nder when�iven as provided in this paragraph.
<br /> - __`� � DS.GovernlQg Law; Seve�abdlity. This Secnri:y 'ins�rnent sPial! be govemed by federal law and the taw of tbe
<br /> --�_-.-� ' , jueisafiction ia�vhiCh the Property is located.In the ever.t that any provision or clause of t}►is Security inctr�ment or the Note .
<br /> -- conflicts,tivith applIcable law,such conflict shall not affecr other pravisions oF thls Security Instryment or the Note which can be
<br /> -- =���•� �given eifect witfiout the wnfliding provision.To tivs end the provision�of this Security Instrument and the Note ane doclarc�d
<br /> __ �:�s�;;��,x to 6e scvembte., � � �. � . � _
<br /> ��:�;j�;��:� 16.Borrower's Copy.�c+rro::.gr�;=zi be given one conformed copy of the Note�nd of this Security Insuumeat.
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<br /> .a,� ;:�`� . form302Q 9190 .
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