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<br /> -.:� - �'Nwi.Ml . ..Yy.—_
<br /> .�[`.�--^�- ---' .ti,rt!'�-r�-�.�.��*y.. . J��.u�.:�---
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<br /> �� � 92�oss�s
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<br /> _�i.,.c�,y�+..,�,. �ti�:
<br /> �--�a� pAymenta may nc�longer be required,at the aption af I.cndcr, if mc�rtgagc insurunce coverage(in thc am�un!und for�hc period
<br /> -- _--- __ that L.ender rcquires)pravided by an inaurer uppravod by L.crnkr�gain becometi uvailablc und ic��btefnal.&�rrower tihull pay
<br /> = the premiums requircd�o maintain rtwtttguge insurunce in effect,or w pmvide u losx rescrve,un�il�hc myuiremcnt li►r muh�aye
<br /> � inwirance ends in accordance wUh uny w�itten ag�eement between 8nrrower wKl Leiuler u�applicable law. � -
<br /> �n;� 9.Incpectlon. Lendcr or f!s ugent muy muke rca�umable en�ries upnn and inwpcctiuns of lhc Prapeny. lAmler ahall give
<br /> .�� .r Borruwer notice at the time of ar prior tu un inspectian speciPying reasunAble rouse fi�r�hr in��xxti�m.
<br /> =..�• 10. Condemn�tlon. The prcxcc�iti nP uny uwa�d or cluim for Jumugc,, dir�wt or ranscyucn�iul, in conncc�ion wilh uny ��-•
<br /> ���� �,� condemnation or other t�king of any purt of the Property. or for amveyancc in lieu of rondemnation,ure hereby ussi�nc� unJ
<br /> ; - ;;"' clwll bc paid to Lendcr. _
<br /> '� � f�;� In the event af u wtal taking of the Property.�he pmceedF xhall he applial�u the xum�+ccunKl by thi��curity Intitrument, !-.l_
<br /> � '�`� whether��r not�hen due, with uny exce.rx puid to Barruwer. In thc eve:n uf u partiul tuking ��f thc Pn�peny in which the fair
<br /> ��;,,.� . ., ��
<br /> �-�,��� market value of�hc Propeny immaliutely before 1he tuking iw cquul to ur grcutc�thun the umuunt of�hc sums ucurod by this
<br /> ,.��+ �'� '� ' Security Instrument immediutely befo�e the tuking,unless Bormwer and l.ender otherwise ugree in wriiing,lhe�ums secured by �`
<br /> "ti'�.i:i7A;�.Sk�:u,. . --
<br /> �„�,��,;..y��� thix Securiry Instrument shull be rcduced by the amount af the pr�xeed+ multipli�ni by Ihe fi�lluwing frnction: (a1 the totul �_
<br /> - - „+ umaunt of the sums securctii immediutely.hefure the taking, divided by (b) the fair murket vulue of ihc Pmpeny imme�liutely ��..
<br /> �.•K�.i�:.�l",:,p�- �-_
<br /> �s���, x.,.�. beforc the tuking. Any balnnce shnll be paid to Born�wer. In ttie event of a paniul tuking of the Propcny in which thc fuir �
<br /> ��•-�=�'�i��; market vAlue of the Propeny immediately befare the taking is less thun thc�mount af�hc+ums secured immeJiutely bcfare�he s,-:
<br /> .i��..�_,,�;;_�._.w taking. unless Barrower wd Lender otherwisc agrec in writing or unless opplicublc luw o�herwise provides, the proceeds sh+dl �._„
<br /> :- ,�a::—"--:�`.::�-� be applied to the sums secured hy this Security Instrun�ent whether or not the sums urc theo duc. �i.���_
<br /> ��'''��':,�� '� If the Property is abund�ned by Barrawer,or if,ofter notice by l.ender to Hc►rrawer that the cutxk:mix�r�iffers to muke an °°
<br /> '�;,�� .
<br /> '"��`�`��`"���:� awnrd ar settle u claim for dwnageti, Borrower fails to respond t��I.ender within 30 days uPter Ihe ds�te me notice is given. �.;.
<br /> � -�-- � u s �' �Y .
<br /> ��'����L��=<:'-���.� l.ender is autharized to coll�i wal upply the procccds,at its option,either to restora�ion or repair af the Properly or to the sums __
<br /> - ��-+�x� secured by this Secu�ity lnstrument,whether or nat then due. �-
<br /> `.n ' � Unless Lender and Borrower othenvise agree in writing, uny applica�ion of prcxeedx to principul shull not extend or -.
<br /> �, , � ,,: �`=
<br /> - - �� •�-� � pnstpone the due date of the nionthly payments referrcd to in purugraphs I und 2 nr chunge Ihe amnunt of wch paymcnts. �;.
<br /> _--��OR'vt�4`.l.1C:w.4'�4 .
<br /> � KS,.,.., ,-, . . 11.Borrower Nat Released;Forbearance By l.ender Not A WAiver.Extension of the time for payment or nxxlification �__
<br />���° " of umortir.�tion of the suma secured by this Securiry Inswment RrunteJ by I.ender to any succes�ur in interest of&irrower shall _�_
<br /> ._+�� ••�►'��`�`�•x+.�.��. ^ =--
<br /> not operute to release the liubility of the originul Borrower or Borcower'+succes�c►rti in interest. L.ender shall nnt be requircd to
<br /> r:i;�� ° ' commence pr�xeedings againsl uny succ�uir in interest or refuse to extend timc for paynxnt or�nhenvi+e modify amortixa[ion �
<br /> - — , ' ''dat-, of Ihe sums secured by this Sccuriry Insaument by rcu.wn of uny demand miule by thc ori�inul Born�wcr or Borrowcr's �
<br />�'�:s� �'�'^` �'° "' ' successors in interest. Any forbearnnre by Lencier in exercising uny right or remedy sh�ll nol be a waiver of or preclude the —
<br /> ��°�'� ��'T��'"�� , exercise af nny right or remedy. —
<br /> .-- �z�d �.;,�-.- --
<br /> - ,.�,.;. ll. Su�ti�raw�'s aad AsslQns Bcsund: dolst! ant! S�vera! I,lel►llity; ('o-cigners. The covetwrns und �+greements of�his �
<br /> _ °� Security 1nr,trument shnll binJ und t►enefit the suceexgors und ucsigns oi' l.encier und &�R��wer, subject �o the provisions of `_�
<br /> ec=
<br /> � purugraph 17. &�rrower's covenunts nnd agreements shall Ix: joim unJ ,everul. Any &irrower who co-signs thi� Security L,,
<br /> "•' � Instrument but di�e� not eaew�e the Note: (u) is co-signing this Security In�trunient only to mc�nguge, grant und convey �hut F
<br />.'f;:, � . Borrower's interest in thc Pmperty unJer thc terms uf this S�curi�y Inxtrument: Ib► i�nut perumally anliguted to pay the tiumx E _.
<br /> t
<br />:!.�;�, secured by this Security Instrumcnt:und(c)ugrees thut Lendrr un d uny ot hcr Biirrowcr muy ag rce to c x t c n d, m o d i f y,f i i r 6 e u r o r ��,
<br />:,�,: meke vny uccommodutions wi�h reguni tu thc terms of thiti Sccuri�y In.trumen�ar�hr Notc with��ut�hat Borrowcr's consent. _
<br /> 13.I.oun Chara�.If�hc lo•rn secu�ed by this Sccuriry In+�rument i�suhject to u Ivw which su+ muximum loan churgcs. __._.
<br /> . ° . ° and thut luw is iinully interpretcd,a that thr intcrc.t��r athcr laun rhur@c+c��llertcd nr to he cullected in conneclion with the r1_-
<br /> � lonn ezceed the permitted limits, tlxn: (u)any tiurh luun chargr shull br rrduccJ by Ihr amount nereti�ury���reduce the charge M
<br /> 'f.:���; .. to thc permitted limir,anJ (hl any+um,ulread} collc�icJ frum Borrowcr which cxr�wJeJ permiucd limits will h�rcfundcd to �.�
<br /> •_:;:t...>
<br /> _r ; � • &►rcowcr. L.cnder muy chix�se tu mukc thi� refunJ by r�during the principul owed undrr �hr Nuie ��r hy muking a Jirc�ct F:�
<br />-��'�'•�' P' P�Y c�
<br /> , -�� puyment to Borrawrr. If � refund reduccs prinripul. Ihc redurlion will hr vwa�l u� u .►rtiul r ment withaut uny ��,
<br /> :'r.,,�•., .
<br /> ;_;.;,; prepAyment churge under ihe Notr. �
<br />'•. �^..'' „ 14.Noticcs. Any nnticc�o&�rrowcr provideJ ti�r in�hi+Sccurity Imtrumrnt ,hall Ik givcn hy Jclivcring it ur by inailing -
<br /> ,.;i. _ , ,, it by first rlasx muil unlcs. applicable law reyuire.u�c uf anu�hcr nuth�xl. Thr nutice�hall hc dir�rt�d to the Pmperty AJdresti
<br /> � � or uny other sNldresx &�rc��wcr Jc.ignutc� by n�Nicc to Lcndcr• AnY �x►ticr tu L�ixlrr .hall bc given by first class mail to
<br /> " Ixnder's uJdres� statcd hcrcin ur uny othcr uJJr�.� LcnJer Jc.i�nu�c. hy ixr�irc ta &�rr��wcr. Any n��tice pmviJed fi�r in this � _
<br /> .WS • e � '
<br /> , . .. Secu�ity lnswmcnt whull bc dccmcd tu havc bcrn giv�n tu Hurn►u•rr ur LcnJrr whrn�:ivrn a,proviJcd in thi,p�rugraph. -.
<br /> � Scverabilit Thi+ Sccuril Imtrumcnt .hull Ix govcrned by I'rJcrul I•rw �nd thc luw uf thc ��".
<br /> • I3.Covcrning I.aw: Y• Y �:_'°�
<br /> '� �.. jurisdictic►n in whirh the Pruperty i+ I�xut�til. D�thc rvenl tB:d uny pr�»�i�ion�,r rlaux ul thi,Security Instrumcnt��r the Nute
<br />_ ... ' eontlicts with t►pplic:�blc luw.wnc���nllict.hull not allcr���tlkr pruvi.i�,nti af thi,Sccurity Inti�rumrm�x ihr Nutc which can lx:
<br /> given cffrct withuut thc cnnQirting pravi�ion. To thi.cnd thc pn��•i.i��m at thi.5crurity Imtnimcnt and�hc Nute ure Jcwlured � -
<br /> ' . to t�e,evcr�hlc.
<br /> � : 16.Nom►wer's CopY•&�rruwrr+hall hc gi�•�n unr cunliirm��l���py ul�h�Nutc unJ of thi+Sccurity Imtrumcnt.
<br /> Fo�m 3028 9180
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