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<br /> payments may nn lon�cr bc ecyuircd,nt dtc uptiim of I.cn�cr, if t�2u��tE�u�c in�,uriwcc covcru�4c:Iin thc umuu�it nnd fus•Il�c��crl�►al C_
<br /> thnt l.endcr requlresD p�'�vlded by un insurcr nppruvcd by I.��►dcr ngnin bccomcs nwdlul�lc und is obtedncd. Ilnreovrc�sliull puy
<br /> thc premiums rc�uired to maintnin mon�ngc insurimcc in cffcct,or to��rovide n luss rescrvc, until �hr,rcquh•cmcnt Pnr moetg�gc
<br /> insurance ends in acconlnnce with nny written ngreemcnt b�twecn 1�urrower iuid l.cnder nr npplicublc luw.
<br /> 9. Inepectton. L,endcr or its agcnt may nuikc reasonnblc cntries upnn und inspections of the Pro�xrty. L.t:ndcr shnll give
<br /> Borrowcr notice ct the time of or prinr to en inspection specifying rcasannble cause for the inspection.
<br /> 10. Coudemnatton. lhC j1�OCCeAti UI uuy uwd7u�i C}wS::Fn.��„no�a, dire.et or cmisCquCllli;ll, in connectian with uuY `
<br /> condemnation or other taking of any pu�t of thc Propcny. or for convcyancc in licu af candemnation, are hcreby a.5signed nnd —
<br /> shall be puid tu Lender.
<br /> in thc evcnt of a totul tuking of the Propeity,thc proccr.ds shaU be applicd to the sums secured by this Security Instrwnent,
<br /> whether or not tlien due, with uny excess paid to Borrowcr. In the event af a parti�l taking of the Property in which the fair
<br /> markct value of the Pruperty immedintely bcfore ehe taking is equal to or greater than the amount of the sums secured by this `
<br /> Security Intitrument immediately before the taking,unless Barrower and I.ender otherwise agree in�vritin�;,thc sums secured by
<br /> this Security instrument shall be reduced by the amount of the procceds multiplied by the following fraction: (a) the total
<br /> amount of thc sums secured immediately before the taking, divided by(b) thc fuir market value of the Property immediatcly
<br /> before the tnking. Any balnnce shaU be pa�d to Borrower. In the event of n partia! taking of the Property in which the fnir
<br /> market valuc of the Prapercy immediately befare the caking is Icss than thc amount of the sums secured immediately befo��e the
<br /> taking, unless Borrower and Lender utherwise agrez in writing or unless applicable law otherwise provides, the proceeds shall
<br /> be upplied to the sums securecl by this�ecurity Instrumcnt whether or not the sums are then due.
<br /> If the Property is abandoned by Borrower,or if,after notice by Lender to Borrawer that thc condemnor offers to make an
<br /> award or settle a claim for damn�es, �onower fails to respond to Lender within 30 days nfter the date the notice. is given,
<br /> Len�er is authorized to collect t�nd spply the proceeds,at its option,either to restoration or repair of the Property or to the sums
<br /> se�ured by this Securtty Inst��ument,whether or not then due. '
<br /> Unless L.ender And Borro�vcr otherwise agree in writing, any application of procceds to principal shali not extend or
<br /> postpone the due datc of the monthly payments refened to in para�raphs 1 and 2 or change the ainmint of such payments.
<br /> il.Borro�vcr Not Releaseai;Forbearance By Lendcr Not a Watver.Extension of the time for payment or modi6cation
<br /> of amortiuttion of the sums secured by this Security Instrument granted by Lender to any suceessor in interest of IInrrower shull
<br /> not operate to release thc liability of the ori�inal Bonowcr or Borrower's successors in interest. Lender sh�ll not be reqnired to
<br /> eammence procc:edings against any successor in interest or refuse to extend time for payment or otherwise modify amortization _
<br /> OI Ii10 SUITIS SCCl1TC(1 vy ui't5 uci.iliiay Ir�s.:a�.�cr.: �j f��R^f ?n� dPmnnd made by the original Horrower or Barrower's .
<br /> successors in interest. Any forbearance by i.en�er in exercisins any rlght or remedy shull not be a�vaiver of or preclude the
<br /> exercise of any rjght or rcmedy.
<br /> 12. Successors and Assigns Bound; Joint and Several Lisbfllty; Castgners. The covenants and agreements of this
<br /> Secucity Instrument shall bind and benett the successors and assigns of Lender and Borrower, subject to the provisiuns of
<br /> paragraph 17. Borrower's covenants and ugceements shall be joint and several. Any Borrower who co-signs this Security
<br /> Instrument but does not execute t9e Note: (a) is co-signin�this Security Instrument oniy to mortgAge. grant and wnvey diat
<br /> Borrower's interest In the Property undcr the terms of this Security Instrument;(b)is not personally obligatod to pay the sums
<br /> secured by this Security Instrumcnt;und(c)agcccs thnt Lender nnd any other Bonower muy agree t.o extend,modify,forbear or
<br /> make any accommodations with regurd to the terms of this Security Instrumcnt or the Notc without that IIonower's wnsent.
<br /> 13.I,aan Cttarges.If the loan secured by this Security Instrument is subject to a law which sets maximum loan charges,
<br /> and that Inw is finally iriterpreted so tiiat the interest or other loan cl�arges collected or to be collectod in cor�nection with the
<br /> loan exceed tl►c permitted limits, then: (a)any such loan charge shnll be rc�duced by the amoant nccessary ca roduce the charge
<br /> to the permitted limit:and(b)any sums already collected from Barruwer whtch exceeded perrnitted Umits will be refunded to
<br /> Borrower. Lender nu►y choose to make this rcfund by reducing the principal owed under the Note or by making a direct
<br /> payment to Borrowec. If a refund reduces principal. the reduction will be treated as a partial prepayment without uny
<br /> prcpayment charge under the Note.
<br /> 14.Notices.Any nottce to Borrower provided for in this 3ecurity Instrument shall be given by delivering it or by mailing
<br /> it by Crst class mail unless applicabre law rec�uires use of unomer mciiwS. a iic i�Giiw"oi5w::���i.•'r'�1!n thr Prn;xrty Addtess
<br /> _ or any other address Borrower designates b,y noticc to L.ender. Any notice to Lender shall be given by f rst class maii to
<br /> Lender's address stated herein or any othcr address L.ender designates by notice to Borrowcr. Any notice�provided for'tn tiiis
<br /> Security Instrument shall be decmed tu have becn givcn to Borcowcr or I.ender when given as provided in this paragraph.
<br /> 15.Governing Law; Severabtltty. This Secuciry Instntment shall bc govemed by fedeml tAw and the law of the
<br /> jurisdictton in which the Property is located. In the event that any provision or clause of this Security Instrument or the Note
<br /> mnflicts with appSicable law,such conflict shall not nffect other provisinns of this Security Instrmnent ur thc Note w0ic1�can be
<br /> given cffect without thc wnflicting provision.To this end the provisIons of this Security Instrument and the Note are declan�c!
<br /> to bc scvcrablc.
<br /> 16.Borrower's Copy.IIonower sh�ll be given one conformed copy of the Note and of this Security Instrument.
<br /> Form 3028 9190
<br /> Pepe 4 0�0
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