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<br /> payments may no longer be required,at the option of Lender,if martga�e insvrance covera&e(in the amount and for the perivd ��;
<br /> �t�� ��)proylded by an in�ter approved by Lender again be,comes availabte and is obtained.Borrov�er shall PaY �,_-.
<br /> �e premiums required to maintain mortgage insurance in effest.or to provide a loss reserve,until the res;uirement far mortgage �'
<br /> � insurance ends in accordance w�th any written agreement between Borra�ver and Leader or applicable la�v. —•„
<br /> 9. In�p�Ion. Lender or its agent may make reasona4�le eauies upon and inspertions of the Property.Lendes shaU give q��:=
<br /> on s i in reasonable cause for the inspection. �`='
<br /> Borrower notice at che time of or prior te an i�sP�c�i ��' g �"-
<br /> ,� 10. Coademnatton. The proceeds of any award or claim for damages.direcc or conse4uential, in cunnection a�9th any �,�_--
<br /> condemnation or other taldng of any part of the?roperty.or fot conveyance in lieu of condemnarian,are hereby assignaci and
<br /> �� s`'=
<br /> i shall be paid to Lender. �-�-
<br /> °� In thc ev�t of a tatal taking of the Praperty.the Pmceeds shall be applied to the sums secured by this Securiry Insuument, �_
<br />~1�° whether or nat then due,with any excess paid to Borrower. In the event of a partial taking of the Property in which the fair
<br /> ��-=__
<br /> ---` maricet val¢e����e Propei►y imm�diatelY before the taking is equal w or greater than the amount of the sums secured by thIs _ .Y
<br />�-�l"V` S�ty���nt immediately before the taking,uciless Botrower and Lender otherwise agree in writing,the sums secured bY �. ,�_
<br />'��,� . this Secnriry ��sstmment shall be reduced by the amount of the pmceeds m u ltip li e d by the followin g fiaction: (a) the total; �:._
<br />� � amount of the sums secured itnm�iately before the taking, divided by(b) the fair marlcet value of the Property immediately �
<br /> =•`-"`�� balance shall Ise paid to Borrower. In the event of a partial taking of t��Pt�Pem''-t' ��cb� � —�
<br />_== before the ta.�i�. a►Y befor:.thc
<br /> h
<br />:��"'n�-�� market va[c:3•a�i�e Property immediately before the taking Is less than the amount of the sums s�eu.'ed immec' Y � :
<br /> =._:r.-:
<br /> �;�;. taaing, unt�s�Bc�vwer and Leader otherwise agree in writing ar unless npplicable law otltera-iaz provides.the proceeds s'.xa�t �---
<br />'-;:�..'iF`. b�e applied to tl�e sa,.�s��a�by this Securiry Instrument whdher or not the sums�then du_.
<br />=���==� � ,�i, '��ned by Borrower,or if,after notic�by i.ender to Bc�pwer that the condemnor offers to make an
<br />;�T•�, �f tf�t�� "�-
<br />-.�y;,� award or setcl�a a cl�i�:�r damages.Borrower fails to cespond to I.ender within 30 days �`:Er the date the notice is given, —._-
<br /> L.ender is m�har'r��a�vue��c and aPPtY�e Proceeds.at its option,either to restoration or tt��'af tt►e ProPertY or ro ihe su�cs �-
<br /> Secured by r��;a�zc�.t.k'�-istrument.whethet or not then due. ��°�
<br /> `� •��~ u�� �;��: Bonower otherwise agree in writing, anY applicatian of proceeds to principal s`a`1 not enttsnt�or
<br /> �t, po�pone the�,r_,i�c-�the mont7ily payments referred to in paragraphs 1 and 2 or change the amount of��h�;�►enu. �
<br /> f 11.Bc„'�tc�ra�e�'hot Reteased;Fosbearance By Lender Not a Wafver.Extension of the time fnr paymeut or madificatian "_�
<br /> � �-.-
<br /> '.,i; o���ye,�;�r4he��secured by tS�is Security Inswment�by Lender to any succes..°or in interest of Borron�;, �.,'
<br /> ,� ; not operate to reiease tbe liability of the original Bonower or Bormw�'s succe�sors in intere5c.'.Lender shall not be req�aat�f PA �, ,f
<br /> ... ,� . commencc praceedings a,;y�r nst any successor in interest or refuse to ext�.d t�::inr paymenz vr�oz�'�erwise modify amor��t
<br /> ?y �f�t3�� sums secured fs..�3�:s Security Instrum..°nt by rea.son of any de�--r3 �nada by the ar�� '�urc*s�: or Botrower's
<br /> ;': suocessors ia.:�•;rest. Any forbearance by Lender in exercising any righi or recuc3y sha1l not bz a sc�a:�;��'.�fl ar nteclude the N
<br /> • �> � exercise 4f�tt����ight ar remedy.
<br /> ._.;1 �: 12.r��� and Assigns Boand;Joint and Severat II.ia���.y, Co�st�ne�s. The w�enanis and agreements of this .
<br /> �' Security Instrument shall bind aad benefit the successors and assig�ns of Lender and Borrower, subject to the provisions of :�,_.V
<br /> .�.': paragraph 17. Borrower's covenants and agYeements shall be joint and several. Any Borrower who co-signs this Secwity :,��,:...
<br /> Instru�en[fs�.t daes not execute the Note:(a)is co-signing this Securiry Inswment only to mortgage,grant and convey that
<br /> • ' ' Borrower's iasl�est in the Property under the temis of this Secariry Instcument;(b)is not personally abligatect w pay the sums
<br /> ��:
<br />�,;:=�, _;• secured�r���:;��..ecurity Iastrument;and(c)agrees that Lender aad an,�other Borro�ver may s�to extend,madify,farhea:ra* _-
<br />_:::.:.c; m;,�s a�+�raa�r:.�todaC.ans with regard to the terc�ss of tlus Sacurity;.s�cument os+he Note without that Borcawer's eonse�t.. --
<br /> _�..._,� .
<br /> ::. .,f . p,��caut�r;�ea.l�'t3ie loan secured by this Security Instrument is suU;lrr�c:o a!aw which sets maxijnum toan char�e�. �-_-
<br /> -�. �r '�,:�.�f;��:,�i�,�;�yiy��-;�ret�so that the interest or other loan charges caiTr���r�or ta Be oollected in cannection with the «-::
<br />- ' � i : � � . loar�entt�tdk��ermitted limits.then: (a)anY such loan charge shall be reduced�y the aras:ra�ZocessazY w reduce the��rge
<br /> .. to tixe pen��:.r�.limit;and(b)anY sums already wllected from Borrower which exeeeded�amriitted limiu wiU be refuadl�tl io =_
<br /> .? ; gorrower, %�einder may choose to make this refund by redueing the principal owed under�fhe Note or by making a�dli:eect
<br /> Qayment to Bozrower. If a refund reduces principal. the reduction will be aeated as a pa�tial prepayment without ang _
<br /> . 1 , � : PmDayment�ct�arge under the Note. _.-
<br /> 14.l�rrlfi.�es.E1nY notice to Borrower provided for in this Securiry lnstrum:��t shall be given by deliverin�it or by mailing
<br /> '� �� it by fir�t i�i��ss nnail untess applica5le law requires use of another method. The nottce shall be d'uected to the ProperiY F��3�w°zss =,
<br /> �' or any otY;er address Borrower desi�,mates by notice to I.ender. Any notice to Lender shall be given by first ciass umau to �°
<br /> �:,:�s Lenfler's rddress stated herein or any other address Lender designates by noti�:tv Borrawer. Any norice provided for in this
<br /> 'iF g,xurity Tttstrument shall be deemed to have been given to Borrower or Lender��.di�.�given as provided in this paragraph. :' �4
<br /> . .i� Y$.(GGits�+erning l.aw; Severs+bility. This Security Instrument shall be govemed by federal taw and the law of the
<br /> ` . �1` luci�,�i�tfni; ici which the Property is located. In the event that any provision or clause of this Securety Instniment or th°Note
<br /> r.
<br /> � '.�: ,a�iyii���LL�villa applicable law.such conflict shall not affect other provisions of this Security lnstrument or the Note wair3s r.rn be
<br /> , ;,; �t�>>r,n,cfii�..x without the confltcting provision.To thts end the provisions of this Secutity Instrument and the Note�:�:ared
<br /> `. ; �u L�e F,cv�.,ble.
<br /> ' � �,)Yar�rowrer's Copy.Borrower shall be given one conformed oopy of the�tote and of this Security L7ac:�me�'s- �
<br /> ' ' Form r�s �3�39
<br /> . �
<br /> . �ego 6 a10
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