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�. � � r ... . � --- ==� ��. _ t, .i. ' ___ _.a_"" _.'_� _-'��r��..._ --'_YEIE��LY1Zu�...:..+--�-:�: "' _ _ '_ -- -.. .�-_ ..--.._,___--�._.�__. .__ _ _ - . . 96� i��ZU��`� � Borrow�r rtuiv ca++A wch � dM�uM �►nd nw�st+�to, ac pro�{dad In pxayn�ph t8, by cwslnq th� actlon or procNCiinp ta b� • d�smiss�d with a ruW�p thal.h L�nd�r's good IaNh d�tKminalbn. pr�clud�a IoA«1w�al th�Bortow�i a Wtr�t h th�Propeity cu othw m�twiaf irnpairtna�t of th�INn ecar�tetl by thh S�curity InsWm�nt a t�++dw s s�curiiy wil�rrtl. Qwruww ytu,� ,.t,a bu in data�p a Barrow�t. durinp th�loan�p�UOrf precr�f.�v�nwtwf�My MI�p cx in�cuusto IntorrnsUOn or statrn��la ta t�nder(o+ hW�i to prov+d� L�ndr wilh sny rtwt�i�l inlwm�t;on) A� .:a�n�ctb+► wqh tha laan wld�nud by lh� Not� ndudny. bul nol M�Ntod to, npns�nu�tion� �:oncwnlnC Barow�i s occup�ncy ol tho Prop�rty �� a principal r�ild�nce. II IA+s SecurKy Instniment ia on • IMaN+old. BarowK shau compy wNh �II lh�provl�Jons ol th�IMS� 11 Borrow�r acqu+es lee titk tn thr Pro�ty.thp Iwf�f+ad and Ihs IM t�Ue ehatl not rtwr0�unl�s�londK�grNa to lh�mKqer m wsp+ny. 7. Prot�ctlon of l.�ttd�r'� Rlahts In th� P�oWirtlr• 11 eonawa� t,�1s to partam the cevwunts �u+d a�raHnents wntainvd in thls s.ciuity tn�uum«►e. o�tnr. Va a 1p�1 proa�dnq �nat nwy slgnu�canuy atfocl l«uirr�s �+q�+ts h lhr wopercv (sucA�s A procoadiny in bu�uptry. probaio, tor condaruiatan or lat«turr or to �Morc�laws or r�yulauon�?. thm L�ndor may do ar�d psy br whalw�r la n�sW to prot�ct ttw value ot th�Propwty and L�da's rlyhts in lh• WupMy lmdar s aclians m�y indudo WY�fl �Y wms s�cur�d by a Y�n wAkh luis prbrfly ovar thls S�currty I�sGum�n1. appaarinq in cou+i. �uy�ng ►e�sonabte �ttomays'INS and ontwiny on tht ProFwty to m�kQ nps'rs. ANhouph UncJ�r tn�y taW acUOn under this punpnph 7. Londor does noi havt to do so. My amounts dlsburs�d by Undsr under parayr+ph 7 shsM become add�tlonal d�bt oi Bortawer s�cured by lhls SecurRy Instrument. �s BorrowK ond lendu �yra� to otha terms ol paymwit. these amounts ahall bsar interest kom tho date ot disburs�nent�t tha NotQ nta and shall ba payable, with intorost,upon noUce kom Landw to Borrowk roquestktiy paynnenl• 8, MOrt9s�� Msuranc�. If Lendor rpulnd morty�ga hwnu�ca �s a conditbn o1 m�king the tou► s�curad by thls Securilyr Instrum�ni. Barower shaY pay th�prertwums raquk�d tu mo4�t�in ths mortQtge insuronce(n eH�ct. II.tos any reason,the mortyaye insurance covaaye raquirod by Lendw 4tPus or caases to be In at(ecl, 8ortower shall WY the premlums requlrod to obtain coverope substanti�Yy equivAlant to tha mortgage insuranc� prev(ously tn otfect. at a cost subsiantially oquivalsnl to the cost to Bortowar o1 tha mortgaye hsurance prwlouslY in eifect, f�am an altemate martgaye insurer approved by Lender. II substantially equNalw�t mort9a9e insurance covera9e Is not avaitabto. Borroww shaY pay to Lender each mo+�th o wm eqwl to onatwelith ot the yearly matqage hsunnce prertwm bang prld bY Borrowar when tAe Insurance cov�ape I�psed o► cus�d to be in e(:ect. Lender wiJl accapt. uu and rotain these Fayments �.s a bss resenra in lieu of mo+tgtfle insuru�cQ. Loss resenre paymw�ts may no lonqer be roqukad, ai lhe optlon o1 Lw�dw,if mortgage Insu►anr.a covxaqe (k►the amounl nnd for tha period that Lender raquk�s)provided by an ins+uer approved Dy Londor ayafn becomes availaWe and is obttined. Bortowar shatl pay the {xor�iums requGed to maLtitaln matyage ins+uar►cQ in aR�c1. or to prov{de o toss reserve, until the nqukwruM tor moRpaye hwrance enda In accordance with any wriGen ayreenxnt betv+aen Rarowx and Lender or appiicaW� iaw. 9. InsE�Ctiolf.Lender w ks ayent may make naswwbte ontries upon anrl i�►sp�ctio+►s of the Property. Lendar shW Sive Baiow�-noUca at the tkne ot or prioc to an inspection specilyir►g rwsonabb causs for t1w inspccUon- 1Q. Gond�mnatton. Th�proceeds of any award or ctitJm 1kx damaqes, dir�ct w consequential, in connecUon with any condarnatlo� a other taklny o1 my part ot th� Propxty. a tcr canv�yance in lieu oi cond�nnWion,are hereby assiyned and stw11 bo paid to Lender. In the svent v5 s tot�l taklny ot the Properry. the proceeds shall tre a�.�plied to the wms seauad by this Seaurity I�strument.wh�thx a not than due. witA any excess paid to Barowa. In tAe e:�nt o1 a partLl taWng ot the Propwty In which tha falr markat va{uQ of the Propeitx i�rrnadlntey betore the t�king ts equal to cr yreatar than the�nwunt ol tha sums s�cured by thls Securiiy Instevma+tit inx*�cc��a.y betore the taking. urtlesr. 8orrowr rnd Lender oth�ise aQroe in wrding, the sums seau�d by thk S¢curie� Instr�u:�ar.t sP�aM be reduced by the onticu�:ot the procre�ds rtx�tip5a3 by the foAovrin9 fracUon. (a)the total amount ot the sur+s s�cund immsdiat�ly bdora th�tak)nQ.divW�d bY (b1 t[we fair nwicot��lus o1 tha Rnprty km�eciiatdy befora tha taklny. Any babnce shaY be pald to BoROwe►. ln tha event of a pa�tiai Wck�g ot th�Property h wh�h ths talr rtwkel v3tue cf tt�e Properry Yrunodiately Q�ore the taklny is lass th�n the amount ot the wms secured irtuna�Jiatety bdoro the taking, uniess Bortower �uid Lendsr othwv�ise a9ree in wridny or u+�ss appWc�bi� law othwwls� provides. the procwds stu�EF bs �ppYid to tha wms s�cur�d by tAis Seauity Inswtrwit wndher oo not tha sums ara then due. tl t11� Ffi0�1lRy IS ab�n0oneo by tsortower.o�ii,aner n000a uy iwnier w w;��i,wv i��::i��: t�:war�.,:r.�:a a=..'r :.Z �ward pr setW � clNm for d�nwyes, 8orrowK tails to �espond to Und�r withln 30 dtys atta the date the notic�is glv�n. Lw►dar is authori¢ed to colect and apply the proce�ds, at its option, eiSher W restoralian or repafr of the Prope�ty a to the • sums secund by thls Secutily tnshtimant,whdher or not then dut. Unku Under and Borrower otherwise agres in writinfl. �ny appYcation o} procaeds to principy shall not extend or postpane the due dat� of the monthy payrnents referred to in parayrapbs 1 and 2 a chanye the artwunt ot wch paymaits. - 11. 8orrowor Not R�I�as�d; Fort�aranc� By L�ndar Not a WaivK.�a«u�on ot cno a�,e ror Payn►«,t � modi6qtion of arr�orttiation of the suma s�au�d by thb Securtty Instrummt gront�d by Lender to any suecasaor h tnterast ot Borrow�r shaY not operaU to rM�as�tM Iiability ef the ori�kul Barow�r or Boee�a.�w's suerwssors in IntKtst Lencfer sFtall not be required to earwn�nw proc�edirt�s �yainsi a�y wccessor in interost or +dk:se to extend tkr�e ta p�yrtwnt or otharwise mcdity amortluUon o}the sums s�a�ced by thts Seauity Inavues+�M by ratson of any drnanci msde by the o�igkial Borrovver a Bortower's wccessors in hterest Any torbrw�sp by Lendec o.n sxrclsiny a�y ►iyh! or wmecty shaA not be�walver ot a preduda the exe�ctso of any rigM a ran�ly. 12. Succ�ssors �nd Ass19�s Boand; Joint and S�v�rat L9ability; Co-slsnora.rne wverw�u and agremMnts o1 tl�ls S�arsily InaUunNnt shall bind�nd banefd the successors an�asslyns ot Lender and Bortowx.sub�sct to the provisions oi paragraRts 17. 9ortower's covenants and a9reemeets shaN be]oint and several. My Barowx who co-signs this S�curity lnstruma�t but dae not e�cuta the Nota (a)ls co-signing this Security Instrum�nt onty to mortga9e, grant and convey c�ut eor.o,,,,w�s �ns�.0 r,u,e r-m�y under tt,e term� oi vas securay insm�,�enx (b} is not pe�sonaliy obliqited to pay the swns ssaued by this S�cwity Instrument; and (c)a9rses that Lend�r�r►d at�y other Bortowr may agn�to extend.modify. forbev or m�fCa atrf accomnodations with repard to the tatms of thlc Secwiiy kuUurtwu ar tha Nata wdhout that Borrower's consent. 13. L+�an Charg�s. If the loan secured by this Sw�uaty InsUwnast is subJect to a faw wh�h sets maxL�Wm �oan char9es. and that law ia 6uYy htarproted so that the interssi a ath�► loan charges co9ected or to be coY�ci�d in ca►nection wiih ths loan exe�ed tha pmnitted Writs,then: (a) any sueh fox�charge shall be roduced by th�amount neces�ary to reducs the charye to the pemtittsd WnA: and (b) any s:..ms akeady coMscted from Bortower which exceeded permitted lirnits wYl be rehinded to Bono�ea. LondK m�y choose to rtvke thls refund by raduciny tha p�incipal owa!under the tvs�a or by rt�aWn�a dir�ct paynwnt to Barrowx. N a rdund raduas princlpal.the reduction w�4 Ese vmtsd as a partial prs�aymrnt wdhout any P{M�YR�nt ch�nw+under the Not�. 14. NoHc�s.My notice to Borrower provid�d tor in ttas Seeuriry Instrun�ent sFfali be qiven by deYvuing d or by mailing il by frst c(ass maR w�less applicsbie taw requires use ot another mdhod. Trie notke sh�ait be dkected to lhe Property Address or any other address Sortower designat�s by notica to Lendec My notice Lo Lender shall bo given by first Gase mail to Lender's address stated herain or any other address Lender deai9nafes by nelce to Bortower. 14ny notice provlded tor in thls Seauiry tnsVumartt shaq M demned to have Geae grra�to Bwrosver or Lande►when given as provlded in thls paragraph. 15. Gov�ming Law; S�v��bility. 7�his Security LnsUument shalt be govemed by fedarol law and tha law of the - juriscfiction in which the Property ts {oated. tn the event that any provlsiori o► ct�use of thts Secu+ity InsUument or tha Nate - conAicts with applicabla yw, such conAict shaY not attect othx provisions of this Secwity Ir�strumant or tht Note which can be 't given efteci wRhau the contdctinp provisia►. To this end tha p►ovlslons oi this Saauity Instrumwtit and the Note are deGared to bt severabta. � 16. Bor�OWir'S COpy.Borrowar shall be given one coniortned copy c�the Note and of this Security InsUuma�t ' F73�6.LM0 f7/95) Ppe 3 ot 5 "7i�1� �/� t —"--+ i �' 96007 ---^�..._.._ _ _ — . -.