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<br /> �+ayri►aitx may uu luu�cr bc rc�uimd.nt tho a�tb�n ui'Lcndrr, if utiuctEta�lc i��surun�ti cuv¢ruH�!��i�u m�qnt�+nQ fur tho�edoii -
<br /> thnt I�cndcr rcyuirry)p�t►vi�rJ hy un I��4un:r appmvr►1 ky Lrude► ugufn b.camcv n�nlliihlc nn�l{v uMahu:d. R��rru►����i� hhnll puy
<br /> tl�o prcmlumv r�qufrcd 1�•m+iintidn murlKi►Ku fawura�tco in rfl'r��t,ur t��pirwidc u I����� tcs�r�•�,ucitil th4 rc��ulrc��unt 1���•�iHUt�iu�c
<br /> In�ue�ul�ro r�►dr in necoednnra w{th uny�vrittrn i��trcrwcnl G.1w�eu IA►rr�►���c�an,l l.cnder ur up�,lieul,le In�v.
<br /> 9. InS�tton. L.cndrr at itti t�Fent m:�y mykr rc���uriuble r�urlc.r• u�xu�u��d in.rpectiunr ut'thr N�upa�rly. Lru�14��• ,h+�ll �fvo
<br /> Btwt'�►�t��hHkt•id tiw Iinte.�t'ar prlur tu an lnsp�ction s�rctlyit�;r�»,u�►,►i►le ct�u.re ti�r Ifx In4�rreN�n�. —
<br /> Itl. Cnnttem�alhrii.'�{K��r.wccdti nt'any u�rnn!nr clajm i'ur dw�u��!rv, �IG.�t u► :�►n���ucnUiil, i�t �+t�miLtir►t tvitlr nny
<br /> ��:�t!l�nutatlon rr utR�ec tnkfi�;!uf uny pnrt oY thc {'n�perty. �,r ti,r cu��vcyunre iu ilcu uf randrmnutiun, iu•r hrrchy n�.l��n�d nntii _
<br /> shull br p.dd tu l.cndcr.
<br /> In the cvem oP��tutc►I tuking uf the Pmpc;rty.thc p�ytceedY nhult hc uppU��l tu the sumv�:ccund hy thi+5ccurity Inr�n�nunt. -
<br /> whcthcr ur nut then Juc, with nny cxccss piiid t�� Qarmwcr. In thc c�rnt uP u paninl tiiking ul'U�e Pr��perty In �vhirh Ihr li�ir
<br /> markct vuluc oF�hc 1'n�perty immcdiutciy beti�rc the luking i.r•cqind tu�ir grc.ucr thnn thc umuum af thc su��i.r ticeurrd hy Ihi� _
<br /> Secu�iry Intitn�ment immcdlatrly hcfo�c thr Iukiab,unl�w�porrowcr i�nd Lcndcr athcnvisc ugree in writin�,tho numr ra�urc�l hy
<br /> this Sccurity InYtrtimc�►1 shull bc redurcd by the unwunt ul' the prurcedy multiplicd hy thc fi�ll��wln� frnctlan: (ul �hc total
<br /> amount af thc tiuniti nccurcd Immedii�tcly.hcforc thc takina, divldcd by ltil thu fuir markct vuluc uf ihc Pruperty Immcdiatcty
<br /> bcfure thc taking. Any l��lancc �shnll be pufd t�� Burrawcr. In the event uf n paNiid tuking af thc �'�openy in �vMrh thc fuir
<br /> murket vc►lue af thc Prupcny immediutcly t+eforc thu tnking iK le.r•s�hnn thc amuunt uf thc wums srcurcd immediutely bcfora�hc
<br /> tnking. unlc�s 8arruwcr unJ I.cndcr Mhc�viso u�mr in wriHng�r untc,s applicublc luw othcrwtu pmvi�ics, thc pn�rccds N1�u11
<br /> bo applted to tho sums s�curcd by this Sccutfty Insirumcnt whcthcr ur not thc aums urc tlicn duc.
<br /> If'tho Prapcny ix ubunduned by Borrmve�,��r if'.uftc�nutic�by l.endcr to Horn►�ver that thc amdemnor uffcr�to make c+n
<br /> nwnrd or settle i�claim for dumi�gcs, Barro�ver fuils to �espnnd to I..ender within 10 duys ufler the dute �lie n��ttce ta given�
<br /> Len�iev is outharf�ed ta ealleet and appfy the pmceeds,nt it�v aption,eithee ta rcstarAtion ar repair i�f Ihe Prapeny ar to thc sums
<br /> secu�rd by this Security lnstrument,whether or nut then due.
<br /> Unless l.ender und Barra�ver othenviso agrce in wdting. uny uppUcuti�n of praceeds tn principal shull nut extenJ ar
<br /> postpono tho due dAtc af thc manthly p:�ymenis rcfcrrcd to in pnragmphs 1 nnd 2 or chan�c the cunount c�f such puyments,
<br /> ll.Bnrrower Nat Releuce�i;�ocbenrunee Dy I.eeder Not n 1Vniver. Extonsian of�hc time far pi�yment ar mcxil�cAtian
<br /> af amo�iunian of the sumo hecured by this Secu�ity lnstrument g�.lnted by Lander to uny succe�sur in interest af 8arrower ehail
<br /> not operute ta relcase the 8:ibility af the ari�inal[3orro�ver ar B�rrawcr's eucce.�.gar:+in interest. I.ender�huli nc�t bc reyuired to
<br /> cammenca procccclings aguin.vt uny succcsso�in interest nr refusc ta oxtend�imo for puyment ar athenvise madify amartitutipn
<br /> of the su�ns sctiumd by this Security Instrument by rr:��u» uf any denu�nd mado by the odginal Borru�ver nr Batrawer'e
<br /> successars in intcrest. Any farbcumn�r by Lcnder in excrciyinp nny right ar rcmcdy shall nat bo u wniver af c�r prectudo the
<br /> excecise af any dght or rcmc,�dy.
<br /> lZ. Saccc�ore o�d Assipnv Hnund; Joint und Scverul 4inbliity; Co�igncre. 7'he cavennnts und a�greememe of this
<br /> �crur�ty iss�tntsssesst ahs!! bisx! ans! ben�li4 !!�e s��sscu�?+!lnd nssiSns of l�ndcr und Bormwer. subject to ihe provistnns of
<br /> purngmph 17. earrower's cavenants und nIIreementa �;hull be jaint und �everul. Any Borrawer whu co-signs this S�curity
<br /> Instn�ment but daGS not exccute tho Note: (n) is ccrsipning this Secudty Insuument only ta martgage. grunt and cunvcy thAt
<br /> �,rr�.wer•A incerest in tho Prnperty under thc teRns of this Sccunity Instrument;(b)iH nat personuliy obliguted to pay thn euma
<br /> c�ca:uaxi by thiA Secadty instrument;And(c)�greea that Lender and uny other�on+ower m�y anm.o ta oxtend. mnd�ty. ratbcat at
<br /> malce uny nccanmudations with rcgurd ta thc tcrms of this Sccurity Instrument ur tho Nnte without thut Barrawer's consent.
<br /> 13.Lostn CharRes.If tho loan secured by this Securlty lostn�ment is subJect to n In�v which sets maximum laan chnrge.9,
<br /> imd thut luw is Nnally interpreted so that the interert ur uther lc�an charges c�llected ar to ba c�llected in cannectian with tho
<br /> louo exceai the permlttcd limhs.then: (c+)uny such IoAn cha�c:shnll be reduced by tho amount necassury ta rcduce the charge
<br /> ta the permlttcd lin�lr Nnd (b)c�ny sumc alrcady callcctcd from 8urcower�vhich excccdod permftted limit�will ba refl�ndcd to
<br /> 8orrawer. Lcnder mny chaase ta muko this refl�nd by n:ducing tho princlpal uwed und�r the Note ar by inaking o direct
<br /> payment t� Donowcr. !f u rcfl►nd reduccs principut. the rcductlon will bo tKCUtod as a purtial prepuyment without any
<br /> prcpuymcnt churgc under tha Note.
<br /> 14.Noticat. Any notico to Borrowcr pmvided for in thie Securiry Instcumcnt shu{I be given by deliverins it or by an.�iUng
<br /> it by first class muil un".ess applicublo law requires use of unother methad.The notico shal)tw directed tu tho Properiy Address
<br /> or uny other address Bnrruwer deai�nutes by notice to I..ender. Any nadce t�o Lender ehap be given b� tirst clnss muil ta
<br /> I.undce's.►Bdress�tated hcrcln or uny other uddress Lcnder deaiyn�tcv hy natica ta Hanower. Any natico provided for in thia
<br /> Security Instrument shnll be dcemed to hava been�fvan ta 8arro���cr or i.ender whcn given a�provlded in this puragraph.
<br /> lS.Govertdns Lewq 5leverabiTity. This Sccurity I�strusnent shall bo $�v�rned by frdernl 1�►w und thc luw af tho
<br /> ,iurlsdiction in which th�Property is locnteci. In tho event that uny praviaian vr cluuso of this Securicy in;ctru�nent ar tho Nato
<br /> canflicte with Applicublc Inw.such cunflict shall nat affcct ather provisions nf t!`i�:�Sccurity Instn�ment a�c�::N�te which cun bo
<br /> Aiven effect withaut thu canflictins provisia». Ta this end tho provisians of this Security Inst�ument and tho Note uro deelared
<br /> to be severable.
<br /> 16.Hormwer'x Copy.Borcowcr shall bc given one confarn�ed capy of the Noto und of thiy Security Instrument.
<br /> Form 3028 9/80
<br /> Papo�01 B
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