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<br /> � �u}•nxn�r n�y ix�lan�cr t+c nyuind. lt�tw:��tior�uf i.c�xlcr. iPnx►rtg�gc ii�.�ur�fu�rovcr;�c lin thc w�xwitit:uxl fur the perial
<br /> that Lei�et rcyuire�!pr���•iJc,f hp r+n ii�wr.r:►�pru��tit by L.e��kr�ain b.�cnn�c��•ailablr;uxl iti�btai�xd. He�rmwer.hbll pxy
<br /> Utic prcmluitu reyuim!ta nuint•rin nx�rtgabe inruraiKr in eff��t,nr tc►pra��iJe a lu�� rc.Kne,u�itil ttu n:yuirenteiu for nxvt��ye
<br /> inaur�uke r�ul�in:k�ur�t.uuti w ith;u�y u•rittcn:�rcen�ent betw�xn&►r r��w�cr u�x]l.r�xlcr��c appliraMc I�a.
<br /> �.lu.�rituii. l.��ut�r ar its agcnt may nul:c reaumable entries u�n aixl in�rectianc�,f thr PruFxny. 1.���shall Li�•c
<br /> B.s�cuw•cr�wui�r at d�c tinx;�,f�r priur t�w�ia+pection�pccifyin�rwacul:►blc causc tiu thc in.��cc�iun.
<br /> � !0. l'utuk�newtlun. The proeeeci�o"r any uw•ar�l ur rl�ini fi�r Januge.r, dir�tt or ctm.:aucntial, i�z cu�inectinn w•ith any
<br />_ � .�u►ck+�uutiun�k.uhcr wj;it��•t�u,y p:ut�f thr Property,or for convcya�ke in lieu c�f a�ixie�nnatit�n. are Ikret►y;��signed anJ
<br /> .�rl�Fw nai�l�n I rrw4r
<br />-� � �._�.:_, t,., � c a all �n�l'v1 �Nx,wm.kcurul b�•thi.r S�uri�ti�li�.titrumrnt,
<br /> � it�ii�r rcrai.��r�.:ta��u..,.;af.�.�°s::�:.:t}�. h:p.::Yc!.. h_.. t+t_��.+: t
<br /> w•hetlur ar �uu�hen duc, ���ith :uiy excess �aid ta Eorrou•er. in the e��ent uf a p:►rtial t�kin� uf the Prc�perty� ia w•hich the fair
<br /> m:ukct vuluc uf tlu� Pr.�{kny iitiuixdiately bcforc tlu takinF is equal tii nr gre:iter than the anwunt uf the.unu �aurcci by this
<br /> , Sccurity In�trunxnt imnwJiatcl�-hefore ihe tuking, unless&�rrouer�ui Lcixler otherwise agree in writin6.�iu.���t�����a ny
<br /> = this Securiry Oatrununt +hall t►e redural by the :uixwnt ot' th�: proceed� multiplieci by the fulli�wing fraction: (al Uir totul
<br /> g- :uiwunt of the wn�.c�ccurcd imnxdiately before the taking, di�•ided by (h) the fair markct t�alue ��f the Property imrruxiiatel��
<br /> a'� t►eforc the t�king. Any balance shall he paid to Barrower. In the event of a panial taking of the Property in whicl� the falr
<br /> - markct value of the Prupeny imn�ediately befon du taking ic Icss than the anwunt of the sunu securccl i.^.:.�:��p!��,�fore the
<br /> � taking, unless Borrou•er and L.e�ider otherwise �g�'ce in writing ar unlesc applicable law otherw�ice provides, the procec�cis sl�all
<br />' be applicd to the sums secured by this Security lnstrument whether or nat thc sums are then due.
<br />� If Q�e Property is abandoned by Borrou�er,or if, after natice by Lender to Borrower that the condemnor afferc to tr�:e an
<br /> _ award or setQe u cl�im for daunages, Borrower fails to respoixi to l.eixier within 30 Jays ufter the clate the notice i> fiiven,
<br /> — Lender is authorizc�i to collect and apply the procceds,at its option,either to restoration ar repair of the Propeny or to the sunts
<br /> -- szcured by thic Security InstmEncnt,whether or not then due.
<br /> — Unless Lender and Borcower othen�vise agree in writing, any application of proceeds to princip;I sinall not extend or
<br /> ��f�.�t�,.���.�ar�nf rhe mc�nthly na}�ments referrad to in pti~.�raphs 1 and 2 or change the:unount of such paymencs.
<br /> 11.Bbrrow•er Not Rele�sa�d;ForbearAnce By Lender Not a Waiver.Extension of the time for payment or modific:ition
<br /> of amonization of the svms secural by this Securitc Instrument granted by Le�er to any successor in inte�st of Borruwer shall
<br /> tu�t operste to release the liabiliry of the original&�crower or Borrower's suc�essors in interest. i.ender sh�ll not be required to
<br /> � commer�ce procetdings againsi any succxs.`or in interest or refuse ta extend time for payment or otherwise modify amortization
<br /> of the sums secured by this Security Instrument by reason of any deaiand macle by the original Borrower or Borrower's
<br /> — successors in interest. Any forbearance by Lendee in exercising any right or remody shall not be a waiver of or preclude the
<br /> exercise of any right or remedy.
<br /> '� 12. Suocessw�s and Assi�nc Boupd;Joiat aad Several Liability; Co-signers. The covenants and agreements of this
<br /> � Security Ir�.strument shall binci uul bet�ef►t the successors and assisnc of Lender and Borcower, subjeet to the pro�isions of
<br /> — paragraph 17. Borrower's wvea�nrs and agreements shall be joint and several. Any Borrower who casigns this Security
<br /> Instrument but dces not execute the iVote: (a) is casigning this Security Instrument only to mortgage. grant and com•ey tt�at
<br /> Borrower's interest in the Property un�r the tertnc of this Security instrument;(b)is not personally obligated to pay the sums
<br /> secured by this Security Instrumenr and(c)agrees that Lender and any other Borrower mzy agree to eztend,modify,forbear or
<br /> malce any accomnwd�tioas w•ith regard to the tertns of this Security I�strucnent or tt�Note u�ithout that Borrower's coruent.
<br /> — 33.I.oaa ClsarQes.If�loan srcured by this Seeurity Instrument is sabject to a law which sets maximum loan chuges. �"
<br /> arui tFwt law is finally interpreted� tlnt the interest or other la�n charges collected or to be collected in wnnection with th�
<br /> loan exceed the permitted limiu,them (a)any such loan charge shall be reduced by the anwunt n�essary to reduce the chu�e
<br /> to the permittesl limit; and @) any sucnt already collecte�from Borrower which exceeded permitted limits will be refunded to
<br /> Barrower. Lender may choace to make this refund by reducing the principal owed uttider the Note or by makiag a direct
<br /> payment to Borrower. If a refund reduces principal. the reduYion will be treated as a partial prepayment witlwut any
<br /> prepayment chuge under the Note.
<br /> 14.Notices. Any notia eo Borrower provided for in this Security Inctrumeni shall be given by delivering it or by mailing
<br /> -- it by ficst class mai!urtess ap�li�tble lew requires use of another method. The notice shall be directa�to the Property Address
<br /> or any other address Borrower designates by notice to Lender. Any notiot to Lender shall be given by first cl�ss m�il to
<br /> — l.ender's�ddress siatecl herein or any ather address Lender designates by notice to Borrower. Any notice provided for in this
<br /> Security Instrument shall be deemed to have been given to Borrow�e:or Lencier when given as providod in this paragr�n.
<br /> 15.Goveming Law: Severa�ility. This Security Instrument si�all be govemed by federal law and the iaw of the
<br /> � jurisdiction in which the Propeny is �ocated. In the event that any provision or clause of this Security Instrume�u or the Note
<br /> conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or she Nou which can be
<br /> given effect without the contlicGng provision_ To this end the provisions of this Security instrument and the Nou are doclarod
<br /> to be s,.verable.
<br /> _ 16.Borrow�er's Copy.Borrow-er s8a11 be given one confom�ed eopy of the Note and of this Securit�Instrument.
<br /> • iaaw 3028 9190
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