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<br /> �� payments utay no longer be required,at the option nf Lender.if mottgage insurance oavemge(in th:Q�ttvant and for the peried �_
<br /> ' that Leader requires)Pravidsd by an instuer approved by Lenr��again becomes amila�te ancf is obtained. Earrower shall pay ^_
<br /> the pnmiums required to maintaui aaartgage insurance in effeet.or to provide a l�ss reserve,un3il tlee raquire��far mortg;�e 4
<br /> insurance ends in accordance with nny written agregaae�t b,.tvueen Sorrower fend l.end¢r or sppiica62e la�•.
<br /> . 4, inspetttaa. Lender or its agent may make rea�onable entries upon and inspertlans of tfis Progeaty. l.eader shaii give _
<br /> 8orrow�r¢otice ut the tnme of or psiar to an inspection specifying rPasanabte sauso fns th�iasjsectian• • -'
<br /> tl�. Coad�anatto�.'1'�e proceeds of any award or claim for d2in:ges. dirc#as.r�zt�uenYial, in c�nitrccion with unY �'
<br /> oondemnadon or aYher takin�of any parc of the Propeny.or for camr�y�cr.a in li�u at.corcclemnatinn,are isereby assigrsed and
<br /> s2�a11 be paid w Lender. -
<br /> In the event of a total taking of the Properry.the proce�ds sh�i�bs s�!'n.ii�1 to[he�ums secured by ihis Security Insuument, j�
<br />—1" whether or not then due. with any excess paid to 8orrower. In th�ev:.�t of a partial taking of the Property in wtuch the fair
<br /> " ` market valae of the Praperty immediateiy before tite taking is equa!to ac,,t�ater t�an t1�e amount of the sums seatsed by this
<br /> Seeuriry Instrument immr,diately before the talcing.unless Bormticer an�Leatirr otiierwise agree in writing,the sums s;curtd by
<br /> �s �urety ynspucnent s}�tl {�e r�fisoed by the amot►nt of the pro�rit•muttiplied by the following ft2ction: (a) the total
<br /> amount of the sums secured immediately before the talang,divided bp.i�t:�t�e f�ir market value of tlse Property immediatelY
<br /> " befare dte taking. Any balance shall be paid to Borrotver. In the ev�n:a�,a partial ta�ang of the Property in cvhich the fas
<br /> ..<<�.��• msrlt€t value of tke Pmpert}r immediatelY before the rdking is less t1n�Z the am�unt of tt�e sums secured immediately taefore the i;
<br /> tatcia�,untess Borrower and I.ender otheiwise agree in writin�or.un&ss a�pli�te Imv ottf°.r�vise provides,thz procezds shall a' .
<br /> �� �,^� be apptied to the sums secoied by this Security Instrument wh�.f�ar ar.smt tho sums are than due.
<br /> %.':' . � If the property ts abandaned by Borrower,or if,aftcr afliiae by�.Bntier:[n Bomuwer that ttie oon�e�nnor offets to make an _
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<br /> awarrl.i;s s�tls a dssm for damages, Borcower fails to rapntsd to�.en3EC within 30 days after th�d�.te the no3ioe is given,
<br /> `' Len�i�avthori7ed to collect aBSi:a�ply the proceeds.at it�a�stiaa.eiWer to c�esWration or re,pair of tt►s Praperty or to the sums
<br /> �` securec�b3+tius Securiry Ins�ume�tr whether or aat then du�.
<br /> „�.�,,� Unless Lender and Borro+ar.�utiQerwise agee in wridng, aay application of pmc�rJs w prencipal shall not extead or
<br /> • postFone the due date of the monti�ty paymru►ts refemed to in patagiaphs•1 ttn�2 ar c6��the amaunt of snch payments. �
<br />� � 11.Bormwer Not lieteased;Forb�rance�y I.euder l�ot a Wadv�e:Extei�s�u�af tiz�time for payment or modific�rion
<br /> � of�r4ization of the sums secu�ai by tlus Security Instrament gtanted by[.ender to r�, �uxr�sor in interest of�orrov+er sl�all • �,
<br /> not operate to release the liabilit�wt�hhe original Borrower or Bonower's successaru iu i�ft��Lender sha11 not tse r�to
<br /> �., comme�ce pro�dings against any successor in interest or refuse to exten�time for p��tii:�cee�,�rwise modifY amn�on
<br /> �`,�'.�� of the svms secured by this Security �nst��2 by reason of any d�as�� made by � r�.cxrli IInrrower or�ormwer's f'
<br /> successots in interest. Any forbeazance by �dt�in exercising any rigfrt a�r�edy�hali not be��uxiver of or prectade the
<br /> `�..:�.`�: exercise of any right or remedy. Y —
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<br /> th. Sn�xessors and A�� �'a�:xnfs�,t�nd S��tsb d.ia8�itv. Cc�SiSnen+-'Cf�„coven� and a�s of this
<br /> '':�':),� ;, S�coist�Luttvment shall bind�,: benefit ti�..�ceessors �si assigns of l.�ader�I3�.;Er9wer, tx�li�ESt to�the�v:sions of _
<br /> _ •��° ` P�Ph l?. Hartnwer's covenants and�asents shaU he joint zev.��r�r,�fl_ t�trr �orrpwer v�ts�: co-sigas this Security � _
<br /> :`�',;.��, , Instrument but does nu*execute r.��Note: G�e�h�K,c�-signing this Seruritq��t�rd.w to mortgeb:.8lant and oonvey that
<br /> • � Bormwer's interest in the Pro��n:y under the�r�,ns af thi_s�.,�.�ity Insdvment:(b}i,m�peisonally obligated to pay the sums
<br /> � sesured by dus Serurity Instmria�ri'.:and(c)a�s tl�t Lru��:sed any other Borrower tsns_y agrce to extend.modify.fotbeur or
<br /> � make any aocomtnadadons with regard to tlie tenrs of this 5i..�r�xi�Instrument or the tiatt�:without that Borrower's oonsent.
<br /> ` ' 13.I.00u Clutrges.Yf the loau secured by tivs Security flvtavmr.ns is nibject to a law whtch sets waxiraum loan chatges.
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<br /> and thnt iaw is finally interpreted so that eke inte�t or ather toan char�i:,collected or to be coUected in connection wlth tlta
<br /> '�;••.,�' loan�xceed the pemvtted limits,then:(a)any such toun charge shall be r�duoe�by tRe aatount necessary to rednce the chsirr$e
<br /> - to t}l���ermitted limit;and(b)cwy sums already callected from Borrowea which exceeded permitted limits will Is�r�''s:nded W
<br /> • '. $�v�.rrer. Leader may choose to make this refund by �ucing the principal owed w�der the Note or by malk'r�a direcx ,
<br /> payu�ent to Borrower. 1f a retimd reduces principal. the reduction will be treated as a partial prepsymem.iz�out as�y =
<br /> �'�� ��', prepaymen�charge ander the Note. �
<br /> �;14.Noticts.Any noHce w,Boaower provided fos in this Security Instrument shall 6e given by delivering it or by mtitiqa
<br /> :� �:: it Is�•�ri�st c(ass mail uNess appt.is�le!aw requires use of anotitet method.The natice sL�;il be dim,c�+l to the Pruperry Addtess
<br /> .. � � vr:u�r�'other address Borrower,+�i�nates by notice to Lender. My aotice to Lenc'rx�.�all be given by firss class autil to �
<br /> . �`;�f`� • Lender's address siated herein or any other address Lender desigaates by notice to Boaower.Any natiao providod far in this. _
<br /> . •��• � Security Instrument shalt be dsemed to h�ve b�a given to Borrower or Lender when given as pmvlded in this pazagraph. r
<br /> .. • �5.Govemiag l.aw; 3everr�bility. This Serurity Instivment shall b� govemed by federnl law an� the law af the -
<br /> '. . jurit,�iction in�vhich the Property is tocated.In the eveas tUnt any provision or clau.se o�this Secarity instrument or the Note -
<br /> con4ticts with applicable law,sucb conflict sha11 no4 affect other provisions of this Sca�rity►Ia�trument or the Hota which c�*�be
<br /> • glven effect withont�he oonflIcting provision.To thls eml the pmvisions of this Secvriry Instmment and the Note are declaned
<br /> ' . to beseverable..
<br /> � 16.$arruivas's Cupp.Borrower shall be given one conformed capy��f I�.e Note and of this Secuaity Instrument. �
<br /> ' . Fart�►t 3028 313���
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