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<br /> }-nxnt.nw}'tH�I��.�Bcr bt r.�yuir��l,ut thc optinn ni l.e�xicr,if n�v�igagz in:ur,uu`��labl��.uwl i�`�h�iiicJU1 &��r�r�.sw�cr�ha�p.� f�
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<br /> ��� lenctcr rcyuirH)Dra�•iJ.ti1 b�• y�intiuret u�►pr�xcvl by Lcixler again tkr•w►k. Y -
<br /> tP,c prc�uiw:u requir�vl tu nuintaii�uwhgagc insursikc in cfi�rt. or iu�n��titdc a to�:;rta::�•c.U!1!!I IIh'IIY�►11RIt1C111 �W'IlM11t�'ii�2
<br /> intiurance e��i�in ac�urd:uxc with un��w'riucn agr��nx;at bctw�cen liu�n�wer;uui Lcixk�'ar:►ppli�ablc➢•rv.�.
<br /> 9. InsEx�cil�. l.erxlcr ur ita aFent nuy nulc r�a.u��ablc entrics uEx�n arxl i��{+�'�'tion�i�f tt�c Pn�rt}. LA�ulcr atull�i�'e
<br /> tluxra+�.ei tx�ticc at tij�tiii�c�f ar prior to an inspcc����n cpc.tiify��ig r�,:►swublr c:�u�c fur tik:iii�pc�tion. _
<br /> lO. Ca��u�wtlou.Thc pnxti�od� of:u�y uw•:uJ�,►• elain�for d�nai,�s. dir�l ur c.a►.�ytuntiaf, iu �onneciion Kiii�any
<br /> ��i�xlenuiatioi�ar other talii�of any pan�,f the Prapert�•. ur fc�r conceyaixe in lieu of cwxienu�:►tion,urc hereh} a•�ig��+��+��
<br /> s,hsfl M paid t��l.encier.
<br /> In the e�•ent of a tival t:��.ing of�he Pn,peny,the procx�� �11 be applieal to the sunu�e�:ur�d b}�thi+Secueity I�utnin�n�, -
<br /> w•tu�Acr or not then duc,with any c+ccess Euid to Borruwer. In the e�•ent of �partial taking of tlu Pn�pe�t�' in u•hirh the fair
<br /> nL►rkct value of the Pmperty imnxdiately befnrc the ta�:ing ic cqual ta ur grc:atcr than thc:unczum of the sunu sexural hy this
<br /> Security Instrumcnt inuncdiately bcfom the taking, unlcu Borrow•er a�ui Lender nthcrwirc agree in w�riting.d►e sunu sccured b}•
<br /> this Secutity Instrumen: shall be rcxiuced bY the anwunt of the proceeds multiplicxi by the folli�wing i'raction: (a►the tc�ial
<br /> �niaunt of the sums sccured inur►ediacely before the[ul;ing,divided by (b) the fuir market valuo of the Pmpeny immediatcly
<br /> before thc tal:ing. Any balance shall be paid to Bottower. in the event af a partial ta�:ing of thc PropenY in which thc: fair
<br /> market ��aluc of the Property immediately befon the taking is less than the:unount of the�unu secured inunediately before N��
<br /> ta3:ine. unless Borraw•er and l.ender otherwise ugree in w*iting or unless upplicable law otherwise provides, the praceais,l�.�U
<br /> bc;apptied t.�the sunu securcd by t1�i�Sc�.u�ty insirument uhe�her or r►ot the wms.re then duc.
<br /> If tAc Property is aba�xioned bY Borr�wer,or if,after notice by Lender to Bormwer thai the condemnor oi'fers to make:►n
<br /> aw�rd or settle a cl�im for damages. Barrower fails to respond to Letuler within 30 �:� c�"ter thc�'ate the rotice`i��u
<br /> L�ender is autharized to collect and app�y the procceds,at its option.either to ratoralinn or mpau of thc .'ropert}
<br /> secured by diis Security Instrum:nt,whether or ru�t then due. ���tion of racceds to principa! shall not exteud or
<br /> Unless Ixnder and Bonower otherwise agree in writing, any app P
<br /> postpone th:,doe date of the monthly payments referrecf to in paragraphs 1 anc!2 or change the anwunt of such payments.
<br /> 11.Borrower Not Relessed;Forbear�nce BY l.e�u�N°L a�Vsiivc�. Extension of thc timc far p:►yment or modification
<br /> of�nortiz�tion of the sunu seeured by this Security Instrument grante�by I.eeder to any successor in inie�+est of Bo�rower st�all
<br /> not operate to releace che liubility of the original Borcower or Borrower's sueeessors in interc:�.l.ender sha1�no�be requirecl to
<br /> commeixe proceedings againu�ny successor in iruecest or refuse to extend time for paymenc vr otherwise modifY am�r��zation
<br /> of the sums seca%ed by this Security InsuuR�ent by rc,ason of any demand made by the cu'iginal Sorrower or Borrower's
<br /> successors in interest. Any furbearance by l.ender in exercising any right or recnedy shall not be a waiver of or preciude the
<br /> exenisc of any right or rcme�y.
<br /> �Z, ���s snd p�ssi�u Bound; Jant and Several Li�bility; Co3igners• The covenants atul agrecmency of this
<br /> Securit} Iaurument shall bind and benefit the successors ancl ',ssiSnc of Le��der and B°'TOwer, subject to the proYisions of
<br /> patagrsph 1'). Borrower's rnvenants and agrcxments shall be joint and several. Any Borrower who co-signc this Soeunty
<br /> instrument but does noc execute the Note: (a)es co-signing this Securiry In;t�ument only to mortgage, grant and com•ey that
<br /> Borrov:er's interesc in the Property srnd..r the terms of this Security Instrumri►t: (b)is not personally obligaced to p�Y ttu su�►u
<br /> secured h}this Security Instrumetu� �-xi�c}�ccca:+`,:t:.:,r�:,r:r�s.^.,�!he�w,.,v,wPr may�gree to extend.�nod�fY.forbcar or _
<br /> m�lce a.�}'accanmodations with regard to the tercr�of this Security Instnunerrt or the Nute without t}ut Borrou er's consent.
<br /> 13. I.oau ChsuBes• If the loan secured by thu Securiry Instruinenc is subject to a law which sets tnaximum loan charges,
<br /> and that law is finally inte�preted so t1�the incarest or oiher loan charges eollected or to be collected in connection with the
<br /> lo�n exceed the permittad limits.then: (a)any sach loan charge shall be reduced by the amount neoess::n•to reduce the charge
<br /> to the}+ermitted limit:attid(b) any sums alreacly collected from Borrower which exceeded permitted limits wiU be refunded to
<br /> Bomow•er. Lc�tr may ehoose to malce this refund by redu�cing the principal owed under the Note or by ma3:ins
<br /> a direct
<br /> paYrnent to Borrower. If a refund reduces principal. the red�+�uon will be treated as � panial prePaytnen� wittwttt auy
<br /> prepayment cfurge w�der the Note.
<br /> 14.Notices.Any notia to Borrower prove�{or in this Security Insttumeni sh�11 be given by�ivering it or by mziling
<br /> it by first clacc mail unless applicable law requires use of another method. 'The notice sf�ll E�:directea to the Pcoperty Address
<br /> or any other �ddress Bonbwer designates by notice iu l.c,we�. Anp nc:':ce Lo l�ader ��'?�t+e given by 9'icst class mail t�
<br /> I�der's xldteu stated herein or any other a3dress Lender designates by notice ta Borrov:z:. Any notice provided fYx in this
<br /> Security Insttument st�all be deeme3 to have beea►�'�ven to Borrower or Lender when givcn as prc,vided in this Paragrapl�•
<br /> 15.Govcruing Law; Severability. This 52curity irutrument sl�all be govemed by federal Iaw and the law of the
<br /> jurisdiction in which the Propeny �s located• jn the event that any provision or clause of this Security Inswmer�t or the Note
<br /> conflicts with app:icable law, such conflict shall not affect oiher provisions of this Security Instrument or the Note which can be
<br /> given effect without the mnflicting provision. 'i'o this end the provisions of this Security Inswment and the Note a�declared
<br /> to be severable.
<br /> 16.Sorroa'er's Copy.Bottower shall be given one conformed copy of the Note and of this Socuriry Jnstrument.
<br /> form 3028 9l90
<br /> P�pr 4 ot 6
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