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<br /> pay�nents may no long�r be required, at thc aption of Lr.nder,lf mortgage insurancc coveragc (in thc amc�unt and for the pc►iod
<br /> r_
<br /> that Lender requires)providcd by an insurcr upproved by l.�ndcr again becomes available and is obtaincd. Barrower sliall pay
<br /> thp p�emiums requircd ro maln�:iin mortg�$e insurancc in cffett,or to pravidc a loss rc�erve,until thc rcquiremcnt far mu�tgc�ge
<br /> insurance cnds in accordance with any writtcn agrci:ment bettivicen Borrowcr and Lcndcr or applicable luw.
<br /> 9. lnspectton. Lender or its�gent may make reasonabie cntries upon and inspcctions of the. Property. l,�ndcr�hnll givc
<br /> Hurruwer nutice ut Qie time uf oi•prior to nn inspcction specefying reasc+nab�e cuusc for tlie impection. _
<br /> 10. Caitctemuatlun. The proccedti of any nward or cluim for dum�ges, direct or consequcntial, iu connection with nny
<br /> condemnntion ar c�ther tnkin�oF any part �f the Pmperry.��r for r�mvey�mce in lieu of cundcmnation, arc hcrcby ussigncd nnd
<br /> shnll bc paid to I.endcr.
<br /> ln thc cvcnt of u rotnl uiking c�f thc Praperty,thc prncecds shnll hc uppllcd ro Qtc�ums ticcurcd hy thiti Sccuriry Instrurncnt,
<br /> whethcr ur not thcn duc, with uny cxccss paid to tlurrowcr. In thc cvcnE of u partiul taking uf thc F'roperty in wliich thc fair
<br /> rnarkc�vutuc uf'tha:Pro�Cny Immcdimcly bcforc tlic tnkinL ir:cqiud to or�rci�tcr thim thr.um��unt of thc tiums sccurcd Uy �hfs _
<br /> Sccuriry Instrument immcAiutcly bcfore thc tuking, unlcss Borrowcr nnd Lcndcr athrr�vis�ngrcc in writing,tlie sums sccurccl by
<br /> tftil9 5ecurlty Instrument �h,dt be recluced by the u�nount uf tlie proceeds multiplicd by the following fruction: (a) tl�e totnl
<br /> tunota;t of the sumti sccured Lnmediately beforc Ihe takiug, divlded by (b) the fnir murkct vulue of thc Praperty immcdiutely
<br /> lx:forc thc tiiking. Any hnlanr,e shall bc pald to Bonawer. In the evrnt of a partial taking of the Propeny in whicli tl�e fuir
<br /> markct vaduc of 1he Property i►nmc.�iiately before the�uking is Iess thun the amount of the sums secured immediately before�'•-
<br /> takin3, wiless Borrower xn�i Lrndcr othenvise agrcc in writing or unless ap�licablc law othenvise pravidcs, thc procccds sh.�il
<br /> bc applied to thc sums sccured by this Sccuriry Instrument whettu;r or not the sums arc then due.
<br /> lf thc Property is abandoned by Borrower,or if,after notice by I�ndcr to Borrower that the condemnox offcrs to rnakc an
<br /> nwnrd ar scttic tt claim for damages. Borrower fails to rc;spond to L�nder within 30 days �tfter the datc thc notice is given,
<br /> I.ender is nutharized to collect and t►pply the prareeds,ut its option.cieher to restoratlon or repair of thc Property or to the surs�s
<br /> secured by this Security Instrument,whether or not dien due.
<br /> Unless Lertder and Borrower otherwise agree in writing, any application of proceeds to principal shal� nut extend or
<br /> postpone the due date of tlhc monthly payments referred to in para�raphs 1 and 2 os change the amount of such paymenGS.
<br /> 11.Barrower Not ReleASed;Fort�earance By Lender Nat a Waiver.Extension of the time for payment or modification
<br /> of amortiuttion of the sunbs sec��red by this Security Instrument grantcd by Lender to any successor in interest of Borrower sh�ll
<br /> not operate to release the li�bility of the original Borrawer or Sonower's successors in interest. Lender shall not bc required to
<br /> commence proceedings a�ainst iu►y successor in interest or refuse to extend time for payment or otherwise modtfy�nortization
<br /> of thc sums sacured by this �ccurity Inscrumen� by rCUnu;� �f r,r�y 3�.�,:.ru r.;ade b, �h= L`R°olSL� Rnrrt�wrr nr Rnrrower's
<br /> successars in interest. Any farbearunce by I.ender in axerc3sing any right or remedy shall not be n waiver of or preclude the
<br /> exercise of nny right or remedy.
<br /> 12. Successors and �s.signs Bound; Joint anc] Several LiabiNty; Ca-slgners. The covenants and agreements of this
<br /> Security Instrument shall bittct and benefit the suceessors und assigns of Lendex• and Borrower, subjert t�� the provisions of
<br /> pnrasraph 17. Sonov�er's covennnts and agreements shull be jnint and several. Any Borrower who ca-slgns this Securlty
<br /> Ynstrunient but dacs not executc the Notc: (a} is w-signing this Security Instrument only to mortgagc, grdnt and convcy that
<br /> Borrowcr's interest 1n thc Property undcr dic terms of tF�s Ser.urity Instrument:(b)is not porsonnlly obligated to pav the sums
<br /> secured by this Security Instrument;and(c)agrees that I.�:nder nnd tu►�other FY�nower mny agree to extend, modify,forbcsr ar
<br /> make any nccommodations with re$nrd to the tcrms of this Secutity Instntment or the Note wit(iout that Borrower's oonscnt.
<br /> 13.Loan Char(�es.If the loan secured by this Security Instrument is subjeet to a Iaw which sets maximum loan ctiarges,
<br /> and th�t law is finally interpreted so that the interest or other loan charges cullected or to be co(lected in connection with the
<br /> loan exceed the perniltted llmits,then: (a)any such loan churge shall be czducal by the amount necessury to reduce the charge
<br /> to thc peunitt:d limit;tlI1Q (t1)8fl}� SURIS Slf�dy WIICCICII i�u�U Duutiwi,C'ri,iii.,i i,n�w�w y�++ua+�i�.w� �1t2'����S•'!Il�??rofithAn�fn
<br /> F3nrrower. l.,ender may chaose to make this refur,d by reducln� the ptincipal owed under the Nete oc by making a direct
<br /> payment to Honowcr. If a refund reduces principal, thc reduction will bo treutcd as a partial prepayment without any
<br /> prcpaymcnt charse undcr thc Notc.
<br /> f4.Not[ces.Any noilce to Borrower providcd fvr in this Security Instrument shall be given by delivering it or by mailin�
<br /> St by first class mnil unless npplicable law requires use of another method. The notice shall be directed to the Property Address
<br />' or any other address Borrower designates by notice to !L.a;nder. Any notice t,� Lendet shap be given by first class mail to
<br /> I.ender's address statcd Gerein or any other address Lender designates by notice to Borrower. Any notice provided for in this
<br /> Security Instrument shall be deemed to have bcen given to Horrower or Lender when gieen ns provided in this parngraph.
<br /> 15.Govcrning Law; Severabllity. This Security [nstrument shull be govcrned by fedcrul law and thc (aw uf the
<br /> jurisdiction in which the Property is located. In the event tf�at any provisior►or clause of this Security Instrument or the Note
<br /> contlicts�vith applicable law,such contlict shull not uffect other provisions of this Securiry Instrurnent or the Note�vhicli can he
<br /> given effect wilhoui the conflicting provision.'fo this end the provisians of diis Security Instrument and the Note nre declaretl
<br /> to be severdble.
<br /> 16.Iforrower's Co�y.Horrower sttall be given one conformed copy of the Nate and of this Secu�ity Instrument.
<br /> form 3028 9190
<br /> veqe 6 ot 6
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