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' . � . ... . . .. -- • - -•------- <br /> .. . . .�,�1•of:r.;�3cb�..w..�.•.� - _ _—- - - _ � - -- <br /> [4iK1l��Wwl�rwd«F......— - °---- ----°--- — --- — <br /> �' � ___ <br /> �6.9°�.n ������� F_;�._.. <br /> puymen�s m�y no langer lx;re�yuircAt,as the up�ion�f Lendcr.If inongng�insurance cavcragc(in tlic amount u���fo.thc;p::fi.oii <br /> that i..��xiec rr.yuire.w)providcr.t by nn ir�surer apNrovod b�i.ender again becomes avuilable and 1�obtuii�ed. �3�rrawce Fhnll p�y <br /> tt�c premiums reyuircci ta nwiatain nx►rtgage insurance ln�ffc,ct,nr ta pravide a loss rGSCrve,nntil the roquirement for mortgagc <br /> insurxnc�o erds in�:eorcfanc:e with any���riuen sy�reament betzv�t�z tiorrower u�xl L.e�xicr ar�pplieaUte law. <br /> g,It�pd�t{on. i..end�r or its agent may makR rrusonablo entdes upon and Inspecti��ns of tl�Property. I.endcr shall giva <br /> It3orm�•er ndic:C ke ti�e tinw uf ui�p�lue ta a��►insF_�tian s�r„cifyin��!P.?1SnI1N�/IE GIllSC�Oi II1C jtLSjl�C�10171. <br /> 10. Condanni+tlen. The proceais of any award or claim for dnm�ges, direct or conseywcntial, in connection with any <br /> condem�wtion or ntt�r t�cin�of uny puri of the Property,or for conveyance i�z iicu of cnndenu�atio+�,arc herby assignnd anA <br /> shall be pRid ro L.�nder. <br /> In thc avent.of a tMs1 taking of th�Prapert�r.the procceds shall be applial co the sums sccured!�y this Secudty Instnamcnt, <br /> whechtr or not,ti�cn due, with any excass paid to Borrawer. In Ihe c:vcAit of a purtial taki►� of the Property in which dae fair <br /> rnark�et vxiuo af t{ia!'roy��ty imm;,di„Galy�:fare:tlr.taking is equa!ta or greater thzn ehe smount of the sums secun:d by thie� <br /> Securiry lusmimeut invnuliutly bofurc the taking,unless Barrower uxl l.en�ler ottxrwise agrec in writing.thc sama sGCUrcd by <br /> this Stsurity Ix�steument st�.l.l br ce.�iuced by the am�u.n4 of the proceeds multiplied by the fallawing fractinn: (o) thr, t�inl <br /> s�mo�ant of the sums secur�d im�d�vtTay before the talr.ing, divided by(b) d�e fair market vttiu.of the Property immediatr,ly <br /> before the taicing. A�ny[�alance st�all be pai�l to Bonowcr. In th•evcn�of a partial.tal�ing of th¢ Araperty in wk�ich tl�a f�tir <br /> snukr�t v�lue of thc Properey immaliatcly txforr,the taking is lesa thui tho anxwnt of the sums securrd imn�edjatr,ly 6nfc�m tbn� <br /> takiag,uniess Horrowcr and Lender otl�erwese agree in writing ur unt�s applicable law utherwise pruvid�, thn pr�xxeds sh�ll' <br /> �x applied to the sums secured by this Secudry Instnuixs�t whcii,c:r ue�wt the su�.�,�r th�n d�.o. <br /> If the Pnop�erty is abandoned hy aorrower.or if.after notice by Lenier to Iiorrawcr Q�at the wndemnor offr.rs to mnk�an. <br /> award or setile a claim for damages, Bor,rower fails to respo►xt to�.endcr within 30 days aRcr the date U�n natice i�a�'tk'�n„ <br /> Y,endcr is authorized to cmllxt and app1Y the Proceeds,nt Its opcYOr�.eithrr W restoration or repair of the Property or to Gh!:.�,^a'.TILtD. <br /> 5ecured by this Security Inst�ument,whether or reot ttr.n d►se. � � ` ' � <br /> �lnless I„ender and Borrower otherwise agree in�y�'3t�nE, any ApFUcutlon�a�procceds to principal sh�i:l canz�xtssnd�an. . <br /> postpona the due dste of tlx;manthly paymen�s refre�+'sd ta in paragraphs 1 and 2 or change the amount of such�{��?;:ment;i,. <br /> Il.�orrower Not Rdeave�d;Forbet�'ru�ce gY��?a'�'N'ot a W�i�er.Extensian of d�time for payment•nr�n�xli6rrntioh <br /> af unortiz�eion of the sums secund by t1►is Sbcudty In.4��nt grantrd by I.end,er to any successor in interes�of H�tnn«�r,•r s`Wl • <br /> not o�sate to releASe the liability of thc original&,rsotit�er or Bormwcr's successo�s in intGr�st. Lender shflll nnt�bn rmqt�iral ta <br /> ��anmp�oe proceodings against any suc�cessor in dntenst or rett►se to ext�nd time:for payrn:nt or othorwi�o mndif;r.amclYtiration <br /> of tt�e suma �socured by this 5'�ccurity Inscrameni by ��i u;w-�� �..-ir,ar.3 :r°.»��°. !s; s� �r�4�!A1 Rnrma��er nn,Ilumower'a <br /> sucoessors in ineerest. Any forbearance�rjT I.ender in exercfsin�any right or rem:dy sFwll not be a waivcT.of.or��,nnxl►yde the <br /> exen.hse of my dght or nemedy. <br /> 12. Suc�eeeors smd A�,res 8ound;Joint avd Sevtral LW�ility; Co�si�rere. The cavenants sod�aptjxma�ts of this <br /> :,• 5ec�rit}� In�strument shaU l�ir� and benefit the suc�ssc+rs and as�igns of Lender and Borrower, subje�es,tp.;3�q:proviaioc� of <br /> . p��g,rn�► 17. Borcower's ��ve.nnn►s and agracn�n�:t�1a1! be joint ard severa4, Any BoTmwer whn oo�r��Mns��this Sr.eurity <br /> Irnt=wacnc but does not exxute thc Notc: (a) is ch�:y4B��g thia Srcurity Iastrument only to mo�igaga, 8i�r;�t:und convey tfi�t ,�•i, <br /> ' . Eor,rower's imaest in the P�ropertY wKier the tern�s of this Saurity Instrumcnr,(b)is not pexaon�ily oblidrAat¢o py d�e aum� <br /> sxumd by this 5xurity Instnnroent:xr►d(c)agcas that 1.endcr and anY ott►e�B°�T°wcr mny agree to ext�msi��nx�d�fY.forbair or <br /> m�iCC u�y�mmodatbns with ngarc6 to the terms o�E this Sc�cu�ity Instrument o+�the Noto witlxwt dw1 BunY�wer's wnta�t. <br /> 13. I.uu C�egee.If the loon sa�ured by tltin 5ocvrity I:i,txument is subject to a law which sets mAr.i.e�la�n charBa, <br /> rKl th�t law is fin+�Ely iruerpreced su twc th�intecest or othcr lrran charges collected or to bc collnctt�d.im�at wid�dx <br /> lam exoee�the�cnnitted limits.thcn: (a)any such l�►ctutrge shnll bc roducod by the amount txx��.sanj:ta re�tia tk ciw�e <br /> W the pera�ittod limit;and(b)eny swns alt�ady collxtotl frw�n Barrower wl�ich�xc,eoc{ed pern►itttxl limits will be t�efundod ta <br /> goar�w�r. l�ender m�y choose to make this refund by roducitrg tM: principul owod under ths Nou� �t by molcing a dirxt <br /> pyma►c to Borrower. If a rcfund rcduc�s principal, thc ndurtian wiil be tra�ted as a pRCti�l::ptn�trpro+neat witlxwt any <br /> P�Y��B�under tha Note. ` . <br /> 14.NEotic�.Any natia w 8orrower providod for in Nin Secueiry lr.swmcnt shal!be giMrn by dstl�vering It or 5y mrilin� <br /> it by fint clau rnW unless�Qticable lavrroquirts nse of Anot}w:r mctMxl.71►o notice stu�tl bo dira,xtrl�io the Propaty Add�esa <br /> or any other �cidress Borrowa'd+esignutts by noti.e to ixnder. Any noticc to Ixnder shall be giti!c�bv,first claaa mwil to <br /> I,n�dex's adciress statcd�trcin ur any othcr addz�sc��endcr dcsignntes by notice ta Aorrower• AnY�mE€��rovided for'sn thie . <br /> Sorurity lnstn►ment�ba dam�ed to havc ban giWen to Barrowcr or i.xnder wt+en given as pmvided�tu cTRis�:p�raBraph• „._. <br /> 13.G�'�.t`�tetu� Ia►w; Severs6iti�ty. This Security Inslrunu:nt shul! b�: govemod by fale�rn�.'Ca�w and th� 1aw of the <br /> jurisdict�;lra�which the Property is lacated. In the event thi�t any provision or etuuse of this Scc+tritli �rot�ument a the Note <br /> conflicts w:�}:qr'�pplicable�law.sucw oontlict shall not affc+ct nttu:r pr+�visictns of this Securiry Insm►m�st�or the Note whic.h c�►ba <br /> givai ei'f'eci�vithout t!��nf�icting provision. To k�'is end tha pro•risions of this Sexuriry Instn�mrnUp;�d the Note an doclared <br /> to be se���bl�. <br /> ' 1f�_i�u�iowcr's Copy.Borrowcr shull be givcai onc confcr�nod copy of th�Notc;uxl of this S�rity[nstrument. <br /> . , . Fonn 30� 9l9U <br /> .``t; <br /> � . . , . P�(p 4 G}6 <br />