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<br /> paymcnt:�mny na longcr be requircd,at tlic option nf Lcndcr,if mortga�c lnsurmicc covcragc(in ti�c nmou�n�m�l far thc;perfu�4 '
<br /> thnt Lc:nJer eequires) provided bp an insurer approvecl by 1_.cuder aga�n becomcs availablc i►nJ is ubiaincd. Fiurruwc� ���aii pay
<br /> ttte prcmiums rcqui�c�i tn maintnin mongagc insurnna in effect.or to provide u loss rescrvc,until thc rcquirentent Por martgage
<br /> iusurancc ends in;�r.rC;SY�?,nCC with nny wriucn ngrcrment bctween Hurrowcr nnd Lcnder or nppNcnblc Il�w.
<br /> 9. Inspecllnn. lacn�3c.r or its ugent muy inuke rc;isonable entrics upan nnd lnspections af thc Property. l.endcr shall givc
<br /> Borrowc�•notice nt tha timc�f or prior to un inspection specifyfug reasutlable causc for the inspection.
<br /> 10. G►ndemnation. The proceeds of uny award ar c1ulm for dmm�ges, direct or consequentinl, in connectian with uny
<br /> eondemn�tion or ott►er taking of any pan of tlie Pr�peny,or for conveyimce in lieu of condemm�tion, ure hereby i►ssignecl and
<br /> shall bc paid to Lcnder.
<br /> In the evcnt of 1 total taking of the Property, the proceeds si�all be applicd to tlie sums secureci b�•this Security Instrument.
<br /> whethes oti•nut then due, with c�.qy_.r.xcess pnid to Borrower. In the event of a pnnial taking of the Property in wliicl�thr,fai�r
<br /> mnrkct value�f thL Pro�:ny imn�:+�ir.te�y before thc taWns is cqu�l to or greatcr than thc amount uf thc sums secured by this
<br /> Security Insuument imtncdiately Ue!'�ra tiie taking. unless Borrower and Lender otlicrwise a�rcc in writing, the sums secured by
<br /> this Sccurity Instrun�nt shc+ll be reduced by th� umount of die procceds multiplicd by thc followtng fractlon: (a) the totcil
<br /> nmount of tlic sums stxured i�nmcdintcty Ucforc t�e taking, divided by (b) the fair market vnlue of the P�ropc:rty immedaa!ely
<br />� before the tnkin�. Any balunce shnli be priid to �7orrower. Gi the event of a partial tukin� of tixe Property in which tl�e fnir
<br /> market vnluc uf the Property immeclinte9y bef'orc thc taking i6 Icss than the:unount of the sums secured immcdiatciy befn•re thc
<br /> taking, unless Borrower and.Lcnder ukherv�ise agrec in writing csr alnless npplicnble law othcrwisc provides. tl�o proceecls shull
<br /> Ge apj�lied to tlic smns sccurcd by this Securiry Instrument��hether or not the sums are then due, -
<br /> If ihe Propeny i�abandoned b,y Iiorrower,or if,atier notice by Lender to Borrower that the condemnar offers to make un
<br /> award ar settle a clnim fur dantagcs, P.orro�ver fails to r�spond ta L.ender within 30 days after the date the notice is given.
<br /> Lender is authorized to croU�ct ar.d apply thc proceeds, at its option, either to�storatton or repair of thc Propeny or w th�sun�s
<br /> �xer�!by tl:3e c^:.u.-3:�?nstnunent.��hetlie*�r�!et th�••A��P
<br /> Unless I..er.Jer �ul Boir�wer otherwise a�c�;e in writing� nny opplieation of proceeds to principll shall not extend ur
<br /> postponc the due date of the monthly payments�ferred to in parugraphs 1 and 2 or change the umount of�uch payments.
<br /> 11.Ibribwer Not Release�i;Forbearan�,(�y I.�ender Not a Waiver.�:rtension of the time for payment or moditication
<br /> af umonizuti�n of the sums secured by d�is Securitv Instrument�runted by Lender to uny successar in interest of Bomns�T shnll
<br /> not operata to rcicase the IiaUility of the original�orrawcr or BQrrawer's successors in interest. I.emler shall nut bc reyuiral to
<br /> aommence orc�ceedings against any successor in inecrest or refuse to extend timA far payment or otherwise mod'sfy Eunartization
<br /> v���� oi=mo .��i l�1 (r�o Va�n,�f�t� j,ilet�r�nni iw sn�cr►n (►f 1rIV rirman�l m�uie hy 1�1C OtIQtllfl� �027�WCT OP BOrCOWC[�S _
<br /> successors in interest. Any forbcarance by L.ender In exercising any right or rernedy sS��ll not be u waivor of or precludo rhe
<br /> exercise of any right ar�emeciy. •
<br /> 12. Success�►rs s�nd Assign.9 Bound; doint pnd Sev�er�.l Y.tstbllity; Co-signerw. The covenants and agrcemonts af this
<br /> Security Ynstrumont shall bind and benefit the swesessors :►nd �ssigns of L.ender and Borrower, subject to the proviaians of
<br />� paragraph l7. Borrowe!r's•covenanGg und agrceu��n�s shnll be joint nnd several. Any Borrower whn oc�-9igns this Security , ,
<br /> Instiun�nt but Jocs noo e;cecute thc Note: (a) is�o-s�gnin�this Security Inst�ument only to mortgagr,�r.1nt und canvay that ,
<br /> Horrower's intcrest in the T"roperty under thc tertns of this 3ecucitp Instrum0nt;(b)is not p:rsonally vbligated to pey zha:sums ,
<br /> secured by this Securiry In�trununt;and(c}agrees thut Lender amc�uny uther Borrower may agra ta extenct.modify,forbcar ur
<br /> [nalce any accomnwcS�ttimis with regard to the terms af this Security Instrument or the Note without that Ibrrower's consent.
<br /> !l'�. Lo�rn Charges.If the loan securai by this Security Instrument is subject to R law which s�ts mn,�cimum loan charges.
<br /> urKi that law is 6nally interpreted so that the intorest or other loan charges eollected or to be oollected in tonnoctiun with tlie '
<br /> loan excetd the permitted limits,Wen: (a)nny such loan charge sh�ll be ralucai by the amaunt ne�uassary to:edua the charge
<br /> to thC pennittcd liroit;nnd (b)nny sums alnsady collccted from Borma�e,r which excr,sdod•girmitted limits will be refundod to
<br /> Born►wcr. l.endcr may choose to make this xcfv.nd by rcducing the principul owed under the Note or by making a dimct
<br /> pryment to �onow�er. If n refund nxiuces prnnr.ipal, the reduction will he trentod as a partial prq�nyment without any
<br /> pnep�yrn�nt chuge under the Notc. '•� ' .
<br /> lA,NMkea.A�ny notice to Borrower providetl for in tlus Security Instrument shall be given by deliv�ring it or by mailing
<br /> it by first class muil unless applicable law�tiquires use of another meth�xl.'fhe notice shall be directod ro the Proneny Addr�ss
<br /> or any otl�er addresy Borrawer designates by notice to Lender. Any nosice to L.�rxter shal� be given by first class mail to
<br /> I.uMer's aldress stat�r��hcrcin or any oUier address f.ender designutes by notice to Borrower. Any noticc providod for in this ;;� �
<br /> ; Securicy Instrunxnt s7�it�:i 3c dcemed to h�vc becn.c;i�,•en to Borcower or Lender when given as provided in a'h3s paragraph. °. `
<br /> 15.Goveretng Y�nw; Severabillty. This 9c�curity Instrument shall be gavcrnai by faicral tew und tiet law of the
<br /> jurisdiction In which ihe Property is locatal. In the event that m�y pmvision or clause of this Sexurity Instrumont or the Note
<br /> rnnflicts wiUi agplicable law,such conflict shull qqt nffcct othar provisions of this Sccurity Insuument�r the Nute whict�can be
<br /> given effect without the conflicting provision. To'this end tl�a provisions of this Security Instn►m�nt�ind tho Nute are declazvd
<br /> to be severable. '
<br /> 1.6.liorrower`s t;opy.Borrower shali be given one canformai�vpy ui is►c:iduic unii oi ii�i�Scx;ui:�y:�i�Giu���ca..
<br /> _ Fam 3028 8I8Q
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