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<br /> � - g�� iO��t� �,�,___
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<br />'c��� paym�a��y no(onger de cequired,at the option of LendQr,if martgage insursm"e cover.ae(in the amount and for the�ednd ;�- .
<br /> �.;___
<br /> that i,,en�er requites)pravided by an ittsurer approrrad by L�ender again becomes availabte and is obtainod_ Borro�yer sh�l pay �__
<br /> the premiums required to maintain mortgage insurance in effect.or to provide a l►�ss ceser�•e,ar.til the requicement for rruttga;e ��:,_'
<br /> i�urance ends in aocordancr�vith anY written as,,�ecment between Eorrovrer an�Lender ar upp�icabte l3cv. -
<br />` � 9. Ivs�on.Lender or its agent m.ay make r��sonahle er�uies�pon and int�ections uf the Property• i.endcr shnll�ive �*=-=,
<br /> � �
<br /> `° � Borrower norioe ut the citne of or pfsor m an inspection specifying�unnabte cause for the insprctiun• ��°•°''
<br /> � •• 10. Coademnation• 'fM Pmceeds of any a�vard or ciaim for darnages. direct or conuequenteal. in wnnection with any �r-
<br /> .., �_ � mademnarion or other taking af any part of the Property. or for canveyance in lieu of condemnatian,ar�.hete6y assi�ned und �_-
<br /> '�� shall be paid ro Lender. —W
<br />�;�' In the event of a total taking of the Properry.the pro�eeds sE�;ill be applied to the snm�securai by this Security InstruNent, �-
<br /> whether or not then due. with any eacess paid to BQrrower. io the event af a partial taking of the PiroPerty in which tQxe fair �
<br />� market value of th°Propeny immed�ately befuse the taking is equai co or�reater thv�the amourtt af thc sums seas�d by t�is --
<br /> �ecurity Instrum��t immediat�fy fsefore the takinb.unless i3orrower�nd Lender othenxise an ee in wrians.the sums secuspd by �__
<br /> this Security Instrument shali be reduced by the amount of[he proceeds muftiplied by th� fol{owiag fraction: (a) th�toS�l �-=
<br /> mrcount of th�suffis secured imu�.ediateiy b�fore the taking.divided by lb)the faar mv�ice[valce of the Properey immediately _
<br /> ',,,.s%: before the taking. Any 6alance shall be paid to �orr4wer. !n the evenc of a partia! taking of the Property in�Vhich ttte Fair __
<br /> market value of the Property immediatety before the tahing is less than th.amouni of tiie sums securai i°�sne ; r ly before t+,:
<br /> taldng,►anless Borrocver and L.ender o3henvise agree in arriting as untess applicable law otherxise provides.the proceeds shs+t -
<br /> � 6e ap�li�d co the sums secured isY dus Security Inst�ument whether or rtot the sums are then due. __
<br /> ,. It ti�e Properey is abandaned by Borio�ver,or if.after notic;e by I.ender to Horrower t�at the condemnor offers to rn�e an
<br /> award or settt�a claim for dama�es, Borrotive* f�ils to re�n� to I.ender within 30 days after the dat�4he notive is gicen, �
<br /> Ixnder is anthori�ed to colfect and appty the pmr.ezds,at iu option,eithet to restarat'son or repair of the Propeety or to ttz.sum� �-_
<br /> . `` �by this Seauety Iastrument,whether or hot then due. �_
<br /> Tueless�..ender and Bormw�r oih.•rwise agree in writing. any a¢plication of proceeds to principa! shall nat ext�d ar
<br /> �;_
<br /> • pmst{n�t he due d ate o f t he caa m i p F.y p a y ments referred to in para g r a plis t t�uf 2 ar ciuiu�m rhe ama�nt of such patrm�.
<br /> ' '�1;:Borrawes No!Rel ' "�or6eastu�¢e By I.eud�et'No4 ts Wt�ivt�:.�tenstou•r�the time fot¢syuiens os drerr�..�ficanion
<br /> ' of a�vctimtion of the sums secur�by this Security Instrumerrt g�ranted Gy�r to aa,��tcce�or�n►ntr:szst of Borrower skaU --
<br /> nai c�:.�te(o r��ri:e lizhility�c�f the original Eomnwer ar Eorrawes's s�ois in��E.�euil-��fiall nnt be cequired to —
<br /> . c�rm�n�s�prac��against asb succ�sor in intemst or riefu�e to e:cr���for pa,n�:..^i or otherwise modify amonuation . �r::
<br /> - of t�.:sams s�cutzd by d►is �.�.-ity Instnunent by rer��:r.y�azy demund made by the original Borrower or Soaower s -
<br /> successors in iriterest. Any fo:Dear-ance by Lender in eaersi.�auy rigtn or reffiedy shail aot ba a'a'aiver of ot practude the � ___
<br /> ��=4 :.:.;:. � esercise of any right or remedy. ' �
<br /> '� 1�. Suec�sso�s aad P►�igns Bamtd:Jo'�ot end Severa! Liab#I;ty?�Go-stgnes. T[ie covenants and agr�ments of this
<br /> . •. g�iiz�.��Instcumcnt shall bind.�benefit the snccessors trr�i�.assigns of�.znder and Borrower. subJect to the pmvi�ioas of —__
<br /> , '2 ,��'17. Borrower's co•r�nuuats �d ��ents stial�.(�.°. Joint and szveial. Any Borrower who �co-signs � SecuritY ___
<br /> a�.trt�� that
<br /> .`',,,�.,, �;.� I��t but does not ex�.�:Note: (a) is co-s'sgnin�.tir-s Securiry Jt�s�u�r�ent onty co mortgage. g�ac►t r �71
<br /> •;�:'4•:; Borrower's int�r�L itr.�he Properry under the terms of this Sewrity In�ttvrar�(6)is not personally obligated to pay th8 sums
<br />, ,°;;�;:,:.: • secusod,by ttris�r�ar��r insuumerm.and(c)a1p�s that I.ender and auy atir�r Barrotiver may agree ta ext�d.modify,forbeas or .
<br /> makat::��aaeonmaudations with cegard to sl�e tEc�ss of this Security Ic�sttn,u�c�a3t ar th�Note withaut ttr�T3��natver's consent. � . (�=��=•-
<br /> ' �,;�.qa�p Chat�ev.If the laan secured by this Security Insltumsnt ss suOjert to a taw wtuch seis max�uua ioaa cl�atgc�.
<br /> . and that law is finally interpreted so that the interest or other loan charges collected or to be collected in canaectian with the
<br /> ' loan exceed the permitted limits,then:(a)any such loan d�arge shall be rc�r;,uoed by the amnunt necessasy to teduce the charge
<br />' ;� �� to the permitted fimi�and(b)arry sums almas�.1 ooltected from Borroaee which exoeeded pemritted 1iss�its witl be refttnded ta �..
<br /> gano�„tr, L�der may ehoase to make this ne2and by reducing the priaci�at owed under the Note or by �n�a direct ' �
<br /> ��,.',' paymeAt to Borrower. Tf a refund reduces principat. tFt�:reGucdon wili be trea:a��as a partial grepayrnent without any �.,:
<br /> , prepaYment cl�arge under thc Natei . `":�-
<br /> . 14.Nc►tHces.My notice to�'aaower yrovided fP:in this Seauity Instrument shati be�en by delivering is ot iry mailan� -
<br /> ��..',,; � it by fi�st class mail unless appl3cable luw r�s��*es ase of anothcr mei6e;i:_k he no6ce shall be dim.ctmt�.g the Propecty Addr�;s
<br /> �.�.:�'��`: or any osher address Hoaower dP.signat�•ts���otice to Lender. Any sotice to Lender shall be g'a'.�n by first class maij to `
<br /> � � l.ender's address s[ated herein or any oiher address Lender designates by norice to Borrower.A�+natice pmvidect€or in this� •�'
<br /> .''' . Sec�tity Instnunem shaU 6e deemed W have been given ta�BGrrower or l,cader wben gi��en as provided in this par'�.}�h.
<br />, ��.%i!,',` . 15.Goveruing Luw; Sever�6flItg�. This Security C.�suument shall 6e govemed by federal law and.t1it► law of the
<br /> � ";;;��'r..; , jurisdiction in which the Ftoperty is located.in the event t�at any provision ac clause of tPus Secvr=z;�.Us.,�a���.or the Note
<br /> • conilicts with appticabte law,such conflict shall not affect othcr provisions of this Seeurlty Instrumctld:��pi c�`,e"��stt��vluch can 6e `; -:
<br /> gi�•en effect without the contlicdng provision.To this enit�tit�provisiony of this Security Instrumeni a�d the i�lc�.*��tre declared �"
<br /> ta be severable. ' --
<br /> � ;;;s.�; �. 16.Bor�wde Copy-Bncn►wer shal!be given one conformed capy of the Note and of tlils SecLrity lnswa".erlt•
<br /> .Y+,4:;�%;��t{. . , Form 8028 9134 ' -
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