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<br />_ ��� ����� �,
<br /> ' payments r.rmy ao Innger be r�quired,at the aptIon af Leitder< if mortgage insurance ooverage t�n the amount and for tice periad --
<br /> that Lender requices)Pr�vided Ey an ensut�aqpro�ed by Lc�er aSain b�onxs available 3nd is aDtained.Borraw�r st�all pay
<br /> ` �1t�pTCiejut�R'quil�[o II1;1iI1t5iR �to3tgII$C esL511ii�cC 1t1 effC�t,oi to p1Y1��d8 II loss reservC,unHi the�aireanent for moriga&e
<br /> ° ens��ranoe ectds in u��cot�tc�e with any vrrluen agteemtnt 6em�cn Boao�ver t►n�Lender ar appli�ble la�v.
<br /> 9.[aspeeiton. Lendcr or it5 c�rent�nay make reasonable entrics upon and inspections of the Propeny. Lender shall give
<br /> °� Burrower notioe at the tirr.e of or prior ta an insge�tion s¢ec►fyin8 rrason�te caus$for the inspertion. �
<br /> � '" 10.Cead�maatds�a.1`Pte prcr�ts of�ny a�vard or ciaim for dam�es,dirzst or cos�sequcatial. in oonnection weth any
<br /> , �x►nrlemnatian or ot�:r takin� ot�ny part of the PmpeRy.or for conveyanre in lieu of wndemnation, rise hereby assigned and
<br /> ' shall be paid to Lender. _
<br /> ' In the event of a tatal taking af the Pmgerty.the pracee�s shafl be applIed to the svms secured by this Securiry Insuument, G
<br /> = ��a����,cvis�anp e�ct�rss Qaid ta Barcower. in the event of a partial taking of the Property in which the fair
<br /> marlc�vaius of the Proy�crty im¢�odiately befa�e the taking is equal to or�ater than the amount of the sums secured by this
<br /> • Sexueity Instrnment im�iaiely before the talcing.unless Borsower and L�cnder othera+ise agrze in writing,the sums secur+ed by _
<br /> Sex
<br />• . this Security Instrument sha31 be reduce�hy the amount of the procee�s multiplied by the foltowing fraction: (a��e�y
<br /> � amnunt of tbe sums secure� immediQtedy before the taking,divided by(b)the iair mazket value of tha Praperty '
<br /> before the taking. Any batance s�all be�aid to Sorrower. In the even: of a pa�tial taking of the Property in which the fair
<br />� , market value of the Prop�rty im�ediately before che tnking is tess than the amount of the sums secumd immedinceiy bsfore the �
<br /> ta�ng.ukless Hotrower and Le�der oihenvise agree in writing or anless a�gticable taw otherwise pr�pvides. the proceeds shal�
<br />: ` , be applied to We sums secured by this Seatrisy Instmment�vhether or aot the suans aze then due.
<br /> . If ths Properry is abamdaaed by 8orrov�xr.or if.after notioe by ixnder ta 13orrower that�ti�coud,emnos offers to�e aa �;:
<br /> award or settte a clai�for dzmages. Borrower fails to resgand to Lender witbin 3U days aft�s the cfate ttre natice is given,
<br /> I,ender is authorized to oolle�t and appiy tite proce�s.at its opdon,either to restorarion or repair of elte gropeny or to the sums
<br /> Securecl by this S�urity Iastr�s�t.whether or nnt thea due. _
<br /> ' ' Unless I.ender aud Borrower otttenvise ag�e in writing. any application of psoceeds to pri�ipal sl�a11 nat extend ar
<br /> . postponc the due dasc of the monti�ly paymenu teferred to ia pazagraphs 1 and 2 or change the a�ount of sucl�payrnents. _
<br /> ll,Bon+owe*1�Iat Regeased;Forbea�aaoe By I.eade�Piut a F6�nio�:Ex�on of the time for payrrtent or modifcqfloa _
<br /> of amortization of the sums secwed by this Security Inst�ument Branted by Lender to any successor in intere5t of Borrower shall �:
<br /> , ccot operate co re2ease the lia�iliry af the orig,iaal Bonower or Bornowe:'s successors in interest. I�uder shall not!�required tQ � —
<br /> commence pmceedinga against any successor in interesi or rcfuse to extesrl time for paynrcnt ar orh�awise modify ama�ati°n
<br />':�,�� .^ of the sums secund bY this Secunty Iastrament by reasoa of any demand made by tfi�aril�r�at Bonower or Borrower's _
<br /> s;.�,.
<br /> successors in incerest Any fo�Uearance by Lender in exercisiag any right or remzdy sha11 uot ise$waiver of or preclude the
<br /> • eacrcese of any right or�edy. ;
<br /> . 12. �ucc�ors and Asdgns Bound>,alnt and Several Lisbillty; Co-sigue�s.The rnvenants and ageemsnts of dus
<br /> . �ecurity Inst�ument shall bind and benefrt the successors and assigns of Lea�der a�'.d BoiTOwer.subject to the prnvisinns of�
<br /> . . pazagraph 17. Borrocvet's crnenans aad a�reemeau shall be joint and several. My Borrower wha ca-signs tbis Securtty _
<br /> • Ia.saniment but does aut e�c�cute the Note: (a)is co-slp_ptng this Security Instrument only to umrtgage,gr.►nt and conaey that
<br /> :;�;-�.�;. I�ss��Er's iate�est in thz Pxo,�y under the ter�as of th��ecurity Insw�cent.(D)is uot personally abiigat�d to.pay thes sums
<br /> ;::,:1.,,,. . �a�by c[vs�curicy rns�nc:and(e)agrees thzt Ti�sder anc1 any other�rrower may agree to eatend.a:odtfy,forbear or
<br /> ,�.;..
<br />''..;-;.E;:;�:. �ass any acea�:odatiaas wIth regard to the tern�s of this 5e�curity Instmment or the Note without t4�at Borrower s canseni. _
<br /> ��s:;� . : 13.Laan Charges•If the toan secured by ciiis Securiry instrument is subjoct to a law which s.,is ma,simum inan ch�ges, .
<br /> � •�`� �:;�' an�:.'�uy..xt law is fiaalty interpretod so that tt►e interest or other loan charges oollected ar to 8e c�olieaed in conr�eciion with the :_
<br /> P,��fr��soeed the petmitted litnita. then: (a)anY such l6an charge shall be reduced by ti�e amaunt necessary tp reduce the chazge
<br /> ;,�, . ,. �i�.)�permitted limit;and (b)any sums already collected from Borrower which exoeeded permitted limlts will be refunded to
<br /> , . $oirower. Lender may choosa to make this refund by mdncing the grincIpal owed under the 1Vote or by matiing a di�
<br /> � payment to Borrower. If a refund reduces principal, the redactia�.wi1� be treated as a partial prepayment without any .
<br /> • PrepaYment c,Aarge under the No2e. . ,�::: ,� �
<br /> � 14.Notkes.Any notice to Borrower provided for i�tUis S�utai�;�.esaument 1�ail be given by delivering it or by mailiag
<br /> • � it by first class�1 unless a„�'�eable taw requires use of arsntn�wx�dii.a�-'E7�e r.�ts�=s1�a11 be dinected to the Property Addt�s
<br /> ��•�..� ,
<br /> , r or any at�e��dd�ess Borr�v�s designates by notice to L�sder. Any:i,�tice Lo Lercder.shall be given by first cla:s m�i!W
<br /> � � LRnder's s�ad�u�!s�.�.�ted h��n or any other address Lender d�i�•iSy;aodce to Borrawer. Any notice provided for io tbis =
<br /> ,�`,`f}.� , �urity In�a�.S Shall be doemed to have been given to Borrower or C:�sirder when given aa�tu+ic��in this paragraph. � :
<br /> , �.�+a��•'' ••.'•,li5.G4verning La�c; SeverpbilIty. This Sea�rity Instrument s$aJl be goveraed by �a3ir�, �aw and the law ofihe
<br /> .t��+,�,��, •_ �, . . .
<br /> �;;�;'r���� :. ;�jan�ifiat,ion in wbich the Prvperty is located.In the event that any provision or cr-.�sra c$this Se.�:iity Iassrument or the Nou
<br />,�. ,1, :_: coitfi�cts witA�scable law.such eonflict shall nat afFect other provisIoas of this Se�tt#ry It��nc ortiie Note w:1ic4�can 6e .
<br /> ;, given effect�vi��r�t�z.the can�9licbing provision.To this end the provisions of this Security Ins�,�cr�t and the Note are declared
<br /> ::;���� ; � to be sevem6C�: ,
<br /> 16..Bon+tlwttc's Copy.Borrower shall be given one oonfomied wpy o�'the Note and af this 5ecurity Instrument.
<br /> ,.�•;.�'. ' iorm 3028 9190
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