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<br /> ��, _�_ -•�_ _ �r�—�___'�---.--�-g._z"-,.—_ ��--�� — - — }'�'_-��' _ .�.Y/_-= -'_t,. —.h{�`�' - �e k{�'zit�.T's.-�_—
<br /> 1� _—_
<br />.. -+•. 6I�6 ���iYrvLi+ _-
<br /> Paymenu au9y no tonger h;rquu�ed.az the aprion of Leade�.if mortgage ins�raTCCe covera;e(in tt�.e vnour.i ar'.d fa tt�:gcricrt •��vi
<br /> `_ �h�i...�„aa. �ms��unvid�d ix an insure�aDDroved by I.ender sgain bec�mes a�aitabte r�d is abt�ed.Ta:,�ti�er s��al5�.y ,:. .���,.
<br /> _ run .�_ ___.�.�...e� '.�:, .
<br /> `, th�premiums requirod to maiatain mo»EaSe�nsu�a�e in effeM.or to proviCe a toss ieserve.uuai u�s�a,:��6���..�,s�r�- ��
<br /> insursace c�8s Ifl a�cordance with any written ap+ecme�bei�razn Bnrrotver and L.enQee or applica6le law. "�`�`�
<br /> ' 9.ins�testtua.Y.endsr or its ageat cray make re�onubie enuirs upon and inspections of the Pra�e�Y- L^.n�c s�taDl g�o� �`.
<br /> • Horrowcr r.oti�at ehe�e of or prior m an insgxtioa spccity'tag rrawt3able c�se for tke iaspectio�. f,
<br /> 1Q.CmIIde�ra,�fon,'i'he proceeds of any award or claim for damag�.direct or consEquenual. in ce:secti���eih aa�r
<br /> wndemnation or other tektng of any part of the Pro�etey.or fo�conveyance in lieu af oandsmnati4s.�hwreby�.�si„�d.tmd ��
<br /> ��,
<br /> shall�paid to ixnder. �.,._
<br /> = 1a si�e eeeat oF e wta!t2kn�of�lie Property.the praceeds sha!!be applied to the su�s s�cused 9�y ti�S�cuxicy'��s2s�i��s:nt, - -
<br /> whe4her or uot then due,v+ith any ea�cess paid to Borrower. In the eveut of a pareial taking of tF.e Prop��4y in�:r.f���ayr =----.
<br /> m�rket value of the Pro�..rty immed�ntely befo�the taking is equal to or�irr tban the as�ouat of tf�e sn��secm.�'ed by this _-
<br /> So�uiry Iastnim�t immedietely befoze the taking,�ess Bormwsr and Leac3er othefwise agree in weitinII.the sv..;.s secur�d bY
<br /> t�is Sesuiity Insuument shali be reduad by the amouut�f Ehe Qroceeds mulriplied by the fofT✓,��ri^.�fi�ctit�: t�)f�:tatal _.. __
<br /> amouat of t1�e sums secured immediately ti�ffore the taking.diviCed by(b) the fa'v maricet valce af tE�Pr�erty i�s:dsately —,e
<br /> 6 t
<br /> �;•<< before Flc�t�coia8.Any batance shsU he pazd to Borrovma. tr►.the event of a partial takin�of ti� Prapeaty in�r�tzch•t�e fair
<br /> :.tif marYet vatue of the Ftapet�.y iu�mnediatety before�lte:tuking is less tfian the amouni of the suras secured ixtue�diat�[y before the
<br /> , �4�:;'-
<br /> -- taldng,unless Bormwer�Le�er othenvise agree in writing or unless applicable la�v oih�vise gmvl3ts.die praceeds sdall
<br />`` be applied to the sums secured by this Security Instnunent whether or not the sums are then due.
<br /> If the L�roperty is a6andoned b�Eo:rower.or if,aft.�r aatioe by Lender to Eorro�ver th�tt the condsmnor offers to make an
<br /> award ar se4tte a claim.€ar damagcs,8arrower fails to respond�ta L.emder cvithin 38 days aft��tku ciatn die n�cice i B�'°n+ �
<br /> s.
<br /> Lender is authorized q:�and apply the pmceeds.at its oprivn,eittcer t��terarion or repair af tY�u,d�;a�erty or w the sums �_:-:
<br /> .�: secured by this Security L.smiment,whether or not then due. licafion of roceeds to principai shap not excead ar
<br /> Qnte� l.ender and Borrower osherwise agree in arrit�ng, an3+ �P� P ,
<br /> pnstgone t�e due date of the mnnthly�;�smenu referred w in giva�aphs 1 and 2 or change t�amo�of sucb payme�ts. . -
<br /> il.BorroRee Noi Reteased;Fut�6earante By 1.endei'riat s Waiver.Extension of t6e time for payment or madi5qtioB �"
<br /> . • of amorti�ation af the svms sec�u�ed by tius Secnrity Yrsuvrr►e�►t Sranted bY i.ende�'s°any s���°r in atC�rest of Borrower sha11 �`
<br /> .� ��.,�; nat operate to rel�ase the t'rability of the oripna!Betrower or Borrower's suocessors in interest.Lendes st�!not be reguired tv ,Q_�
<br /> �,_
<br /> -.::{., ��acx prac�dings against any successor in ir•ce�t or refuse to extend tirne for payrt�ent or otherwise modify amnrti�•tion _. .
<br /> _� � of tLe suans sewred by this.Security Insuw�ent by reason of a�ny demaind made by the orlgiIIa! Bnrrawer or�Borrower's �r��
<br /> -• • t suvcessors in interest. My forbeazance by Leader in eaerrising any right or remedy shall m�t be a waiver of or preclude the r'-
<br />.' ' 1: exercise of any ri�ht er remedy. ,, nts of this
<br /> � ,. u.5ac�oesw� and Assfgas Bonntl:Joint atstl Several Liability, Co�a$nz�s. TtL wvenanu and agreeme ,.:.�'.;�<.
<br />'�{5,'':<`� �rity Instmment shall bind and benefit the si.�vec-ssois and essigns of Lend�r and Bomauer, 5ub,*�ECC.t�D thC pxovisiOtLS of j�,:�``!:
<br /> �,;,�.�z;. •
<br /> :.::.,;;,�f. paraSraPl� 17. Borrower's cavenanta�agreemenrs shaU t��j�iss.t and several. Any $uzmwez criz�c��gns this Securit3►
<br /> �;' • Instrum�i�t does not execute tk�t�'�t,ef.(a)is ca-signing t�Yi,�a��auity Instrunent on2y w�r-��,�t aa�cors�,:tfiat F:
<br /> Borrowei�s interest in the Property:��.�e terms o1'tlt.'es Sebs�"s+lc3'+�tnstrument;(b)is nat�'�r<�yvL,''s�.d to paf'��ms _
<br /> secared hy ttis Security Iastmment;and(c)&g�.ttttt i�nder an�any osher Borrower aiay ngree to e�.modify.for6ear or �.�
<br /> ... make any acxommudations with regard ta che terr.�i�ll�is Security Inst�umsnt or the Note�riihout that BotrowePs consen� �
<br /> • ' !3.Luan C�atges.If tt►e toan secured by tais Security Iastr��ent is subject to a taw c�rhich sets maximum loan charges, _.
<br /> . ., and that law is finally inteiprete�t so tt►at the interest or other loan chasges colleaed or to be collecded in wm�ection with the
<br /> toan exceed the permitted limits.thes: (a)any such loan charge shail be reduced by the amount necessary co reduce ihe charge .
<br /> � �; to the pem�iuerl timit:and(b)a�►Y sums alc�eady collecied fcom Bornower which exce9ded pemiitted timits will be refiutded to
<br /> ' '•' Borrower. I.ender�:r�j�haose to make this reFand by reducing the principal owed uader the Note or by making u direct
<br /> • • ' .. PaY�u Er✓.�Borrowes. If a refund cedur.es principal. the reducdon arill be ueated as a partial prepayc�ea►t without any . .
<br /> pc+epay�:ccharge�nder tlae Note. : : . �� . '�„ .. �
<br /> . 14.�iotices.Any notio�to Bom�zver provided for in this S�etty instsamcat sha�l be��v:�by delivering it ar by�ailing
<br /> ' it by first ctass maii unless applicubte law reqwrca ctse of another method. The notice shall�e d'aecced to the Property Address
<br /> •"� �" or any othea addtess Borcower designates by a�r�to Lender. Any notice to Lender shall be give:;�y fi�ss ciass mail ta
<br /> ' Lender's address stated herein or any other addnss L,ender designates by rtorice to$orrower. Any notice provided for in this
<br /> �• � � , Security Ynstmment shall be de�rned to have been pven to Borrawer or I.ender w�en given as provided in thia paragraph. �
<br /> .. ; 15.Governing Iaw; S�vtrnbuity. This Sec+uity lnstrument shall be govemed by federat taw and the.law of ths
<br /> � . �:�`' , jurisdistion in wfuch the Property is Incated.In the event that any provision or ciause of this Socnrity Instrument or the Note
<br /> , � . coMicts with applicablc law.such conflict shall not affect other provisions aE r1•,�s Security Instrument or the Note which can be ,
<br /> � :'��.�� � given effect without the conflicting provision.To this end the provisioas of s�ia Serurity x�trument and tl�e Note ure�eclare� ,
<br /> ' to be�ca+r�ble. � . . . , -
<br />_ .�:�.��`� ' ��i,1.°)on+ower's Cupy.Boirc:»art shall be given one confa:a�.�copy of the Note and U�t�is SeCUrity In�ment. _
<br /> Form 3028 8l90
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