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. . --�¢ . . =._---_—__ - - - ��— �.�� _ paynx�►t�nuy iw�luoyen c� �•cyuir�xi, +t tt��}xinn af Lc�iJrr. 11 IlMtid�i�,l' inww�u��c��ver.yt�1 in�tk:ma�u�u wkl ii�r the{x�icxl th�t I.eixkr royuiies►pro+•i.lal hy W�insur�c �{x��•al hy lxiwk��in hc:u�ix•:a�xil.►hic ai�.l i.��t+taiik�l. Horn�wcr.t►all Ewy �tx rn•��i�!��•rat;t!i+trl�n niaiiNb�e��tM�tt��+gt inwrr�K�r�n rfi.+��t.��r tn��•i�tt s�t��.:�c.�r��,until Ih.reyuircu�ui for nrui�.+gr . ir.�u��::txt�:in a�tit�nl;u::�C 141Ih'.t1�Y WT1IICt�Ilp,�lY111PIH F�T'twNYil RIMIYIK'M1'MiI.I I PIY{.�1'{K N�1�1�ic'YF1I�•law�. � 9. Im�.•ect��n. Ixixler i,r it�:►Lcnt nwy nule rc:i.u��ublr c�Nrie+ u�+��n�uk1 IINjk'�i�tN�� (I1�N�Y�kllt Itilklil�li�)�Iti'a`. Born�w•�r ix,ti��e at th�•Nr��; c,f i�r pri��r 1�►un in.�xtti��i.�x�►ilj•in�n��•�w}•Ie rau.N f��r�ix•in.�ti•�ian. _ IQ. Cw�drmurtluu. Tt�pr�ke�l.. of uny �w•rrJ ur clYioi fin�d.u��e.. ��rr:t ur r.uiwyuen�ial, in c�WUxti�iun w�ith :uiy. - cundenurrtic�i.ur�Kher Wku�u�:my �r!uf the!'r+�.�tty.ur lur�un►�yx�ce in !Kti af LtiWxle��ti11Y11�W1. �r�hcrrt+�� :►.�iY��eJ wxi siul{tx;�+aid to L.cnckr. tn�he eti•ent i�t a tou! t:�;in��I'tAc Pn��rty,ttu pr�k:et�-c tih,:,:l h a{�liai t.-►�Ne wm��ur��!b�•this Sccurity Imtrument, whethrr�x nut th�n dur,with;ui�•ctcc�.c p:ud w&n�n►W�es. !n Ihe cvcut uf�partial t:►l;ing .+f�Ik Pr�►perty in v►hich d�e frir market vriue af ti�e Prvpc��ty inu�xtili�tcl?•befixe the taLin}� ic cytw!to ur En�atcr Ih:ui tlk w�k�uiu ul Uk�ums.r�ur�xl Dy this - Scxurity Inst�vnu:nt inunaii:+tcly [xFure thc t�fcia3.unlcss B�xrowcr wHl Lc�xi�:r�athcrwitic uFr.ti in writi��, ttN:iunu sccureJ by _ this Security Iiutrun�ent shall be reciuceJ b}• ttie ;u�xwnt af'the proccods nwlti�lir�f b�• the ii�llaa•ing fraction: ial the total Amcwnt of the w�u serur�J inuncdiatcly Mfom[he taking. Ji��ided by lbl the. fair marlet�•alue of thc Prupcny inu�icdiatel}• beforc the taling. Any hal:u�n: shall bc ptid w Borrou•c�. !n�Ik c�•ru[ of a partial tatinr of the i'n�peny� in �•fiich the fair nurket value of'th:Pn�xn�•iuunadiately betarc thr taking is Icsc than tl�e n��wunt of the s�nu sccur�l immediatcl��befare the talcing, unless[icrrow•er wxl Lender otherwise arr�in w•riting or unless applicable law otl�crw•ise provides, ehe�rocteds shall be:�pplied to the suir�s secured by this Stcuriry In�trument whethc:r or iwt the�un�s�re then due. ii'the Pro{.+eriy is ab:ixioned by Borcow•er,ac if,a8er nolicc by Lcnder to Iic�rrow�er tha► the rnndemncu offers to m�ke ar► aw•ard or settle a claim for dun:►ges, BoiTOwer faits to respond to Lcnder within 30 days atter the date the notice is given, Lender i�authorizod to colt�ct nnd a�ly the proceods,;u its uption,cither to restw�tiw�or re�ir of the Property or to the suius sec�rcd by this Security Instrument,whether or not then due. Unless Lcnder and H�rrow•cr otherwise agrce in writing, an�� a�plication of prooaMs to principal slu�ll not exiend or poupone the due date of tt�;nwnthfy payments refe�rcd ta in paragraphs 1 �r�d 2 or change the anxwnt of such�ym:nts. 11.Bornuw-er I�ot Rr6eascd:Fa�bwrance By Leadcr Not s�Waiver.Excensiwi of thc time for paym.i�t or nwdificatian of arnortization of the sums secured by this Security I�utrument granta!by Lender to any successor in interest of Bonower st�ll not operate to reiease the liability of the origiiul Bortowu or Bc�rmwer's successors in interest. Leixler s1�a11 not be required to �o�unence proceedings against any sucoessor in interest or refuse to extend time for paymuu or otherwise modify tinartization o!the sum� sccured by this Security In;irumenl by re�wn of any demand made by the origina! Borrower ar Borrowu's . succescors in interest. Any forbearysoe by Lender in��ercising any ri�ht or remaly st�all not be a waiver of wr preclude tl�e �xercisc af airv right or remady. 12.Sucm�ssors �ad A�ip�Bouud;Joiat �nd Sever�l Lia6i3ity, Co�cigna�s. The covenants and ag�e�s of tkis Security [tu:d7Y�u�ent shall bind and benefit the successors and assiga> of Lender�nd Borrower. subject to tt� pcovisi�ri r�t' paragraph lT.. Sorrower's coti�enar.ts and agreements shall be joint and several. Any Borrower who co-ugns this Sceurity Instnur�ent but das not esecute the Note: (a) is co-signing this Security Instnuneut only to mortgage, grant t�ad convey tJ�vt .13�„i-rawer's i�tenest in the Pmperty under the temu of this Secvrity Iastrumnt: lb)is noi personally obligated to pay thc sums x�ura!by Ifus Security Instiun�u;ancl(c)agrees th�t I.ender and any other Borrower may agree to extznd,modity,focixar ur ¢�ice any�ca�nodatieas with regard tv it�terms af this Security L�strwnent or the Note wit}wut that Borrowu's ca�ceat. 13.[.o¢a Chargea if tbe toan secured by this Sa�vrity l�is subja�t to a law which sets[naximwn tow chuges. ---� �d ti�t iaw is m�i'ry interpnted so tnat tiie inteir�ar oti�a ioan ci�arges ooiiacten or[o be caixud in�ccioa wiw m� - . losn ezccod the permiued lionia. tbea: (a)any such loan charge shzl!be reduced by the aroount necessuy to r+e�ce ihe charge to the pemtzC�ad limit: and !b)any sucns already collected from Burcv��er which exceeded pernuttml limiu w��Sf�. refundai to Bormwer. Lc.�ui�r may ctw�ose to ma(ce this refund by reducing the pri:�cip�l owed under tE�e Nate or by makiag a dinx. paiyroent w �l�►-rower. If a refund reduccs priacipal, ttse reductioo will be treated as a P�� P��WYaatni without�� P�Y�neut chargc under�In�:.\ixe. q�•� ?, 14.NoHces.My�:w Borrower providad for in this Sevurity Insuumer.t stall be gi�en by deliveria;�,it or by mailing it by ficst elass mail unless app�i�(e I��u mquires use of anot}�r►x,thod. The noiice shall be ciitectad to the Ptoperty�lddrtss or any otber additiss Borcowa design�tes by notice to I.eixler. My notioe to Lender stull be given by first cl�ss mail to L.eader's addras st�tec!hereia or any other address Ixnder desigc�aus by notice to Bnrrower. Any iwtice pmvided for in this Socuriry Icsurument sh�ll be deurred ta have been givtn W Bomowor or I.ender when given zs prnvidod in thi,s�zw.-agraph. ... 15.Governia� I.aw; Sern�bitity. This Socuntlr Instrum�nt shall be governed by federal law �f t�e l�w of the " � jurisdictioo ia which the Property is iocated. In the eceat th�,t an��provision or cl�use of this Security Insuument or the AIote � � ` oonflictc witli�t,�plieable law,wch conflict shall not affect other provisioas of this Security Instrun�ent or the Note which eac�,6e givea tffo�.�t wl�out the cots�lictir�provision. To this end the provisions ef this Secvrity Itutrumerst and the Note are doct�ctid � w be sevu�6te. — 16.Borrowa's Co�:�Borrower shaU be givea oae oouformed copy of the Note aad of this Security Instrument. v- � Form 3028 Sl90 , . vso.sae•