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<br /> «�,na.�_�_.�^ - "_ �� .�...�.'ss:- _-- -... • -. . —.
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<br /> , � • . � " , payments may no langcn c�requir��l.at�hc oplion of l.ender, if m��ngagc intiuruncr r�wcragc lin�hc am�wnl und tiir thc period _ —
<br /> ., ,,,. � ,�.,;:u�;, ', that L.ender reyuircti)provid��i by on insurcr uppruvcd hy t.cnJcr aguin Ixrumc�uvuilublc and i.ubiained. &.rrawcr �hull pay �4�y.
<br /> � ° . ° �he premiums requircd to maintoin murtguge intiurunce in cffert,or to pruvidc u Im.rcKrve,uniil�he rcquirement fur i�xmgo�e —
<br /> , . � .:�r r,.. � Qi...�RT::k•--
<br /> � '� .: �� � insurance ends in accardunce wi�h uny wriuen ugreemcm lx:tween Bnrrowcr unJ I.endc�ur uppliruble luw.
<br /> .�� . ' ' 9. Inspection. l.ender or it� ugent muy makc rcauinable entries u�x�n unJ im�c�ion�ul Ihr Prup�rty. Lxnder slu►II give �-_
<br /> ' � Borrower notice at the time of or pri�r tc►un intip�w�ion s�x:cifying reuu�nuble ruux fi�r thc in,�xc�iun•
<br /> ` ° , f � 10. Candemnatioa. The prMeed+ ��f uny aword ar cluim fo�duma�!c+, direc� ��r ramcyurntiul. in cunaec�i�m wilh uny �"4""+_'"M�-._.
<br /> �� t � . condemnation or�nher taking of uny pan of the Pmpeny. or 1'ur cunveyance in lieu ad'cunJ�mnwiun, urc hercby a...ign�l and -
<br /> '. n ' � shall be paid to L.ender. `�� ------ _-
<br /> ln the event of a totul taking of the Propeny.the pnkeed��hall tx applieJ a►thc +um++ecun.�l by�hi�S�ti urity In�trunknt. -_
<br /> " whether ar nat then due, with uny exre,s paiJ a� &�rrowcr. In ihr cvent of a purliul tukin� at'�hc Pri��xny in w�hich the i'air �,.�_ --
<br /> I'b!a-`
<br /> _ ° ' murket value of'the Pmpeny immediuiely befure thc taking is equ�l ta or grcatcr thun thc unuwnt uf thc tium,.ecur��J by this �::�.�_�
<br /> �::.4s�c-��.
<br /> � �' • Security Instrument immediately before thc tuking,unle�+ &►rrawcr and L.cnJcr othrrwi.c ugr��e in writing.the +ums+ecural hy ���.�_ _ _
<br /> this Securiry In�trument shall be reduceJ by the umcxmt of thc pr�xeedr mudipl�eJ hy �hc follawing fructi�m: lu1 thc tutul �•_-y�y,.4,.��
<br /> , ° amount af Ihc �ums securcd immcJiutcly ikfurr the t:+king, Jividcxl by lhl thr 1'air rnark�� valuc ui�hr Pro{xrty imnxdiutely .4��j��
<br /> •• �,•� ., befn�e the tuking. Any bulance shall Ne puid to Borrower. In thc even� of u partiul tuking uf'thc Prupeny in which thc I'uir ���r�, _�r
<br /> ,,, market vulue of�he Propeny immediu�cly hci'ore the tuking i+le`r �hun thc umuunt��f the xum�+c�ur�Kl immealiutcly beforc the �:.-a;yMr�M`�.
<br /> �..__w,_.._�.,..,_�
<br /> . " taking, unless Borrower and Lcndcr cxhenvitie ugrce in writing or unle�ti upplicuhlc law uthcrwi+e pruvide+,the pnxeeds shell •.>____---- —
<br /> r'-.�---—
<br /> be applied lo the sums secured by thi�Securiry Inwtrument whether or nu�the sum�ur��hen due. - �-- ._
<br /> ' lf the Property is Abundoned by Borniwer,ar if, after noticc by Lender to Bnrn�wcr that thc conJemnnr offerti to muke an . ;.e':_ �LT--=
<br /> , � �itr:s��'_: •
<br /> ., award a� settle a clnim for dumagcs. BaROwcr fvils ta respi�nd to L.endcr within 30 dayti ufter thc dute �he no�ire i� given.
<br /> Y�ri:'.:
<br /> ' l.ender is autharized to roUect and Apply the prcxecds,at it,optiun,either to restor.�tion ur repair ot'thc Proper�y or ta lhe sums .. , _ _--�
<br /> � secured hy this Serurity Instrument, whelher nr not then due. ��"'�°K
<br /> ' �� � Unles, L en der an d B orrowrr o t hrrwi�c u g r e e i n w r i t i n g, u n y a p p l i r u i i o n o P p r c x e e�l s �a princi pul shall n�x extenJ or ._- - , �,'�-
<br /> ' ��.-
<br /> . u pc�stpone the due datc of'the monthly payment�refertcd to in par�graph. 1 und 2 or change the amnunt of ruch paymen�s. .,
<br /> • 11. Barrower Nol Released;Fnrbearance By l.ender Nnt a Waiver.Ex�ension uf thc time for paymcnt�x m�xliticutiun ,.: ; :' �_
<br /> `.� .�:'�i�
<br /> of arnoni7ation of the sum�tecured by this Security Instrument granteJ by L.enJer to any yuccess�ir in mtem�i of&�rre�wer tih•rll �1 .
<br /> ' ""�, •- " n�t operate ta rcica.tic thc liahility oP thc�rit�ia:�l Horrower ur Bnrrower's succe�zun in intere,t. l.etKlcr shall rxn he reyuired to _ . -, _
<br /> commence prcxcaiings against s►ny succc+s��r in imerest�r rrfuse to cxtend timr f�x paymcnt or utherwisc modify umonizanon ..,�;�
<br /> of the sums securcd by thiti Securiry Instrument by revson �if uny dcmunJ mude by �hc original BciROw�:r ar &xrowcr's ;.
<br /> ' . � successor�in interest. Any i'ortxurance by Lender in exereisinu uny right or nnmuiy shull not be u wuiver��i'or preclude the �.,�;,,��_
<br /> � .,;,r�����
<br /> " !� •' exercisc of any righ�or remcdy. ••
<br /> -- - - 12. Successors and Asst�o.s &�und: Joint and Severai i.iairiiii,r: Cu-,i�iie�s. Thc �u�•cnanss and :torrement� �P�hic �-�---.---_._- "�.'_"�°
<br /> � " �'� Securiry lnstrument shull binJ unJ benefi� the �uccesuin •rnd a+xign+ ��f Lender unJ &►rrower, subjec� w �he provi�ionx of , „p,�,k
<br /> �, . paragraph 17. Borrawer'x crncnuntti unJ agreements xhull he juint und �everal. Any &�rrower whi� co-�i�m Ihi� Security ��-�^^�'_ ,.,�
<br /> • d
<br /> In�trument but Jcx:.not execute thr N�ne: (al i.co-tiiFninF thiti Serurity In�trument only t��mortgage, grant und canvey thut
<br /> � , Borrower's interext in the Propeny urxirr Ihc tennti uf lhis Sccuri�y Instrument: Ibl i+nw perti�mully��Mligutcd to puy the�ums �
<br /> ' .crureJ hy this Securiry Instrumrnt:anJ Ic►ugrees tha�Lendrr anJ uny�xher&�rrower muy ugree to extcnd,rnoJil'y, fnrbeur or ._�,;,,,,ri,_ •
<br /> '.,.;�.,..,,,,
<br /> muke uny s�cc��mmc�dution���ith regarJ ti�thr termti uf ihi�Srcurity Imtrumcnt nr thc Nule witlxiut thut Borrowcr'�contient. � . :
<br /> 13. l.oan Char�c+.If the I��an.ccureJ by thi� Security In+trument is wNjcct tu u luw �vhich xts muximum loan rhurges. �,,. ,�
<br /> ' und thut luw is finully intetpre�ed tio thal thc inlcrc�t or olhcr luun chargcti a�IlcrteJ��r lo Ix collected in cnnnection with the " `.
<br /> ' • • loan excec�i[he p�:rmittrd limilti. then: Ia1 any� ,urh lo•rn rharge shall be reduccd by the amuum nrcc+tury U► redure the churge • �i`="
<br /> ' �' lo tl�e permittcd limir, und(B►any .um+ulrcady collrctcJ f�om H��rr��wcr which exrc�deJ �xmiiu��i limit+will lk refunJeJ to :��._
<br /> &irrower. I.ender m•ry cho�i�e ti� mukc thi, rcl'und hy reJucin�! thc principul uw•cd wxler the Note or by making a Jirect "'��-_
<br /> ";'!z`?e�•-
<br /> puyment to &�rrowcr. If u rcfund reJuces principal, thc r�durtion �vill hc trc��cJ a. u purtial pr�•puynmm wilhout any H:.;�_
<br /> ��-
<br /> ,. ' prepuyment churge under�hr Natc. ��•••}•��'
<br /> 14.iW�ticcc. Any nuticr w Borrowrr pruvidcd ti�r in�hiti 5rruriry hntrunum�hull hc given by dclivcring it or hy m•rilinF _=__1_.�'!-
<br /> . it by fir.r•t clutiti mail unlc.�upplirablc law reyuirc.u+c ot'an��tlxr meth�iJ. Th�n���irc.hull lx Jirccted to�he P�openy Addre.� ":�:.�.�
<br /> ,,.:_
<br /> or any other uJdre�, Rorro��•er dc�iEnalr. hy nu�ire t�� l.�nder. Any n��ti�e a, LenJrr +hull hr givcn hy first class muil to � .,��
<br /> R
<br /> . Lender's uddre+� ,latcd herrin ur uny ��thrr adJre�� LcnJer dc.i�natr. b}� no�irr tu B��rn»vrr. An}• natic�pr��videJ fiir in thir . _ i: : '''''rL
<br /> ` � Securiry Instrumrnt shall t+r decmeJ w ha�•r hren�iv�n to Hurrov►cr or Lrndcr wh�n�ivcn a,pn,viJ�J in thi.parugraph. ;.-;.�..
<br /> ,,,'�`''� ' lS.Governing I.aw•: Se�•erybililp. Thi� Scrurity In.trumenl �hall he ga���rncJ hy iedcral luw aixl Ihe luw of the ` =-%�_- '
<br /> r,,... . .
<br /> � '+�,,..�' juritidictian in which Uic Proprny i� I�kuted. In thr r�•rn� ilia�am pruvi.i�m ur rluu.r nf thi+Srrurity Im�rumem �x the Note
<br /> • conflirts wilh upplicablr law.wnc�untlic��hall nut al'fcrt uthcr rr���•i�ion.n(thi.Sr.uri�� In�trunrcnt��r�hc Ni�tc which can be � . ,
<br /> • . , . giv�n ct'fert withaul thc r��ntlir�inE pruvi.i�m. Ti�thi.r�xl thc pro�i.iun.ul Ihi,Sccuri�y�In,trumrnt and the Nate arc declured �
<br /> . . . lo t+e�evcr•rblc.
<br /> 16.Borrow�er's G►p�. Bur�uw�r�h•rll hr�i��cn anc�unfurmeJ cup�•ul di� Nute;mJ ul Ih�r tierurity In+trument.
<br /> Fam 3028 8180
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