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<br /> � •, . � . � •� p�yme�us m�y na Inn�er bt rcquired. at the optian of I,ender,If morlgage io�uranvc«►verage(in the amuunt and for the period �Q'"�x'�-=��-
<br /> � tFwt L.ender requires)providnd by an insurcr apprnved My[.ender ogain t�ecomes available and Is obtained.Borrower shall pay � ;�..�.,.,�
<br /> -_ - -- ' H.�prr•�I..m�required tn m�fnu�in mortRoRa insurs�nce in eifect.nr�o pmvide a los�reserve,until the roquircmau far moh�a�e �"-'==`"`�:��`— --
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<br /> '. (nwtaiu�e ends in at�cardnnce with my writlen pgtament itetwxn Horrower�uKi�.enaer�fr appi�cuoie�gw. „Q.,, .;;;�,;;,.---_-�
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<br /> �--�--. - -- 9,lanpectMn. Lenrkr m ia agent moy moke rcaaanwbk entrfa�upnn and inapections of Ihe Pr+uperty. Lender�twll�ive
<br /> • " � Sortowa notice�t the lime of or prinr la�n in�pection�pecifylna►e�sonuble cause for Iha inspection. � - - _
<br /> j . • ' l0� CondannHlon. The prnceed�of ony awurd ar claim for damages, dinect or cansequenliul,in connection wlth any —_____
<br /> rnMernnatfon�r other talcin�af any put oP the Propeny,or for wnveyonce in liw of candemnadon.�re herebY ueai�ned a�d �'�'"'-`'�"„''
<br /> ' stull be pald to Lei�dcr. '�''R'"' � .
<br /> � In iF�e event of A a►tvl tnkfng of tha Pmpeny,lhe proceed�ahall be applied to the suma�securcd by this Secu�ity Instniment, r���,v+�r ,
<br />_ wiwl+.v nr nnt ihrn due. wi�h any rxa�xa paid�n Rnrrower. lo thc event of a partial wking of the Propeny in which the fair � � •
<br /> � muket vvlue�f�he Propeny Immaiiately befure�he tpking ie rc�uel w or greuter thon the am�wnt of�I�e wms�ecurod by thre �`e�,`T -
<br /> ° . Securily 1 nWtument immediately Uef�rc Ihe laking. unlexs&�rrower uod l.ender otherwiRe agra in writing,ihe 4ums securod by ;
<br /> this Savrf�y In�uument shull hc reducal My the nmount of the proceals multiplied by the follawing frectian: (u) the totol ' •�:,r:�,� _.:�-
<br /> � amour.t nf Ihe �um� sa:urcd Immediutely hefore the taking. divided by(b) the feir market value oi the Propeny immediately �..��_.,•
<br /> beforc�he taking. Any bulance sholl hc paid to&�rmwer. In the event of a partiel wking of the Propeny in which thc fair 1 ,�„��.,��=-
<br /> � muket value of the P rt Immedirtely l►efora the taking ie less then the amount of the sums secured irnmcdiately before;the ���."i"`��__��-
<br /> � Y — -
<br /> taking,unkss 8omower and l.ender otherwise agnx in writing or unless applicuble Inw othervviee providp, thc procead:slwN s°���
<br /> �� be�ppllod to tha sums cecurod by this Secu�ity Instrument wtxther or�ot the sums ure then dua. "
<br /> ihtse Property ia abandoned by Borrower,or if,aQcr notice by Lc:ndcr to Bortnwer that the condertrnor oFfcrs to meke an '����:�°�"�,_
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<br /> • aword or �ettle a clsim f�r dunoges, Borrower fails ta respond to C.ender within 30 dnys aftcr �hc datc the natice iR giaren. ` u � "'"
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<br /> • L.ender I� �uthorized to collect and apply�he pmceeds,At its aption,eilher to restoretion or repair of the Properry or w the sum� ''•`�_
<br /> secured by�his Security InstNment,whether ar nat then due. �.-"'""'
<br /> �; �,; . -
<br /> -- Unte�.+ Lender and Borrower otherwixe agrce i� wri�ing, any application �f pmceodR to princfpc�l shail rtat excend or ..�'3�:'�.� �'-_ _ _. _
<br /> pos�pone the due dute of the monthly peyments referred to in paragrephg I nnd 2�r chonge the omcwnt nf�uch paymems. ` �•,`�"'"=_
<br /> ' � 11. Ibrrower Not RekACCdi F'orbearance By I.ender Nut e Waiver. Eatension of the time For payment or madificatias � ;��:.�_:
<br /> � o(amani zwion of�he sums securod by�his Securiry Instrument grunted by l.ender to uny successc�r In intere�t of Borrow�r xho:] �--•, �`-""_�-
<br /> na operuteto rclense the liubflity of the original Borrawer or Bormwer's success�ra in interesl. Lencler shall not be requircd ta ���_�=�:='a�;'�+
<br /> '� � commence pmceedings against any successo�in interest or refuse lo extend time for pnymem or atherwise m�xlify aiuoni�ntion ' `':"��•-�'r;
<br /> ;•.' � of the sums suurod by �hie Security Instrun�ent by reo.cnn of nny demand made by the nriginal Bo�mwer or &►rmwer's I ' '-••. `:;;.r'•��w=
<br /> successors in intere.ct. An forbearance b l.ender in exercisin an ri h1 or remed sbull not be a w�iver af or reclude the � '��6ri + �-
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<br /> � exerciseotany�ight or remedy. ���'''�'";"!�
<br /> • l 13. Succ�.4ors ond Asslgnv Baund; Joint and Severnl I.iobflity; Co-si�nets. The coverrents aod agreements af this ";::;,..,;,
<br /> J Saurity lnstrument shall bind und henefit the successors and asxigns oi l.ender and Borrowor, sabject to�?+e provisians nf --
<br /> ] paraR�ph 17. Borrower's covenents and agreements shall i►e joint und severnl. Any Fiorrower wM► co-cigrn thi4 Securi�y _ ,;��__°,��
<br /> � Inctrument but daes nat exavte the Note: (n) i�eo-signins �hi� Security Instrumem only�a mc►ngage, grnnt s� convey that
<br /> '��`�����•°� Borcower's interegt in Ihe Propeny under the tcrms nf thic Securiry Inatrument:(M►is not pccs�rnally ohligatecl lo pay the gum�
<br /> secured by�his Security Instrument; and(c►ngrees thnt l.ender and any othe�&�rcower mny agaee�n eR�enJ, nuxlify,forbexr or �y'��-"''��
<br /> - m9ke any accommodalinns with rcgard to the term4 of ihis Security Instrument or the�ae withMUt that Bcirrower's consent. p��""-%a:.�..�
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<br /> -----� 13. Loan Charges. If the lo�n secured by this Security Instrument is subjec� tn a law which sets maKimum loan charges, r � �
<br /> Y � �P 6 • � w`�.�� '
<br /> nnd the� law i4 finell mte rcted so that the imerest or olher loun chur e�collected o�'tirt►e co{lected in cannection with the ��"•��; .••ria-`���
<br /> loan eaceed the pennitted limits,then:(a)uny such loan chs�rge Rhull be reduced by the s�mount neceswcy to reduce�he chnrgr , ��:i,.'.:-"-
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<br /> ta�he permitted limit:and Ib► any sums alreudy collected f�om Bo►mwer which exceeded permiucd limi�s will be refuntletl to , __
<br /> Bnrrower. I.ender nwy chonse �o make this refund by reciucing �he principnl �iwed uncler the Note c.r ln• making s� di�ect i •�s� "°
<br /> payment �o Borrawcr. IP a re(und raduces principal, �he reductfon will be treateJ as u partial prepayrnent without any �,- -
<br /> � propaymem charge under the Note. -
<br /> . , ,,,�, lA. Notletv.Any notice to&►rrower provided for in this Security Instrument�hall be given by delivering it or by muiUng � �'s�-
<br /> � it by first class meil unless applicable luw requires use of another method.The notice 4hall be directeJ�o Ihe Propeny Addres.4 . ..
<br /> ' � or any other addrcss Borrower designates by notice to Lender. Any notice to I.ender shall be given by firsl class mail to ' •
<br /> I.ender's address stated herein ur any other address Le��der designates by noticc a►Bormwcr. Any n�Nice provided for in this , -_-—_-
<br /> .` , � Sauriry Instrument shall be deemed tu have been given to Bcxrower or Lender when given aa provided in this parngraph. r;.=.��,
<br /> , 1!. CovernlnQ I.nw; Seveinbillly. This Security Ins!rument shall he governed by federnl Inw und the Inw of�he - •=•}�>:'
<br /> ,, jurisdittian in which the Property is lorated. In thc event thot any provision ur cluuse of this Secu�ily lnurument or the Nde '' �
<br /> contlicls with applicable law,such conflict shull not affect ather provi4ions oF this Security Instrument or the Note which can be
<br /> ' •• given effat wlthout the conflicting provis�on. To this end the provisions of this Secqrity Instrument end the Note are declaral , '
<br /> -�, to be severable. i
<br /> ,J, . li. 8ort�ower's Copy.Bortower shall be given one conforrnod copy of the Note and of this Security Instrument.
<br /> , �•�� � Form 3028 819D
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