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<br /> — ___ _ paymenta may no longer be roquired.at the option of Lender, if martgage insurunce coverage(in the�moun�and for the perlod �
<br /> - - that Le�der rcquires)providod by wn insurer approved by l.cndcr�goin becomes Availablc wiA is�►tuafned.Barrower rhall pay
<br /> the premiuma required ta malnwin mortgoge insur�nce in effect,ur to pmvide A loss reserve.until the mquircment for awrt�t�e
<br /> . insurance ends in accordanco with any written agreement betwoen Bonower And Lendcr or applicabk Ipw.
<br /> :�. 9,laep�etlon. [.ender or its agent muy make reascmable entries upon a�d inspections af the Property.L.ender Wwll�lvo
<br /> Borrower notice at the time of or prior to a�Inspection cpecifyinQ rea�nable cuuse for the inspectian.
<br />- ��• 10. Condemtu�tlon. Tlie procecds af any Awnrd or ciuim for dnmages, direct ur c�m�equcntiul, in connectiun with uny
<br /> condemiwtion or other takin�af any pArt aF the Pruperty,ar far conveyance in lieu nP condemnution,ure hereby acsiQnod and
<br /> `� • ahall be paid to l.ender. �
<br /> In the event of a total talcing of the Property,the proceeds shall be upplied w the suma secured by this Security Instrument.
<br /> whether or not then due, with any excess paid to Borrower. In the event oF a partial wking of the Prapeny in which the falr
<br /> ��"� ma�ket value of the Properry immaliately before the talcing is equul to or greater than the amaunt of'the sums secured by this �
<br /> —�'"`��'��� Securiry Instrument immadietely before thc taking,unless Bort�ower und Lender othenvisc agree in writing,thc sums scxure�by
<br /> — -- �~��
<br /> • •'=• �+ this Securlty instrument shall be reduced by the amount of' the proceedti multiplied by the foilowing frnction: (s) the total
<br /> `"�yT.• �.•
<br /> -.-_.��.�"z emount of the sums icecured immodin[cly before the taking.divided by(b)the fair murket vuluc of the Property immediutely
<br /> ��,�� before 1he taking. Any balance shnli be paid to Borrower. In the event of a panial taking of the Propeny in which thc fair
<br /> ���,;�;� murket vulue of the Property immediately before the tnking is less than the amount of the sums secured imme�iately beforc the
<br /> �r.;4:1�: taking. unless Borrower and L.ender atherwise ngree in writing or unless applicuble IAw otherwixe provides,the proceeds shall
<br /> .'.,;.� y �' be applied to the sums secured by this Security Instrument whether or not the tiums are then duc.
<br /> � =�:'� If the Propeny is obandoned by Borrawer,ar if,after notice by Lender to Borrower that the candemnor offers to mak�an
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<br /> �- � '�'`'` award ar setde a claim for damagea, Borrower fs�ls to respond to Lender within 30 duys ufter the date the notice is given,
<br /> �'�� I.ender is auti�oriuxt tu culle�:t and apply the procceds,ut its option,either to restomtion or repair of the PropeRy or to tha sums -
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<br /> �„..�_... �.;;.�, . secured by thia Security Instrument,whether or not then due.
<br /> —_ .. , `,�� Unless l.ender and Borcower ott�crwisc agree in a�riting, uny application of proceeds to princips�l shall not eatend or
<br /> .•: � - °` r a� postpone the due date oi the monthly payments referred to in pa�graphs I tuid 2 or change the amount of such paymems.
<br /> �� �`:� '� � 'a: il.Borrower Not Released;Forbearance By I.cnder Not�Wafvea Extension of the time for paymenc or modification
<br /> — ��' •` �� of amortization of the sums secured by this Secu�iry Instrument granted by I.e n der to uny successor in interest o f B orrower s h a l l
<br /> -_ ' ' • " not operate to release the liability of thc original Borrower ar Barrower's successors in interest. L.ender sh�ll not be required to
<br /> — �" � commence praceedings against uny successor in interest ar refuse to extend time for payment or otherwise modify umortization
<br />—� ��` i..: �: -
<br /> — �,.�,�...,'-. , ;�~�,�, of the sums secured by thfs Security Instn�meni by reuson of any demand made by the originul Rorrower ur Borrower's _
<br /> • �;: �:' _ . successors in interest. Any forbesuance by Lender in exercising any right or remedy sh�ll not be a waiver of or preclude the
<br /> �? *.�` �� exercise of any right or remedy.
<br /> ",----'•� i�. �urcessors and Assi ns Bouad;Jata! �ad 5�rera! Lfeb!lity; Co-slp.,ners. The cnvcnnnta nt�d agrtYmc�nts �P rhic
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<br /> _ •.� r;; � : .� , ;: Security Instrument shall bind and bc:nefit the successo� nnd nssigns uf Lender and Bnrrower, subject to the pravisions of
<br /> — parngr�ph 17. BoROwer's covencuits and agreements shall be joint and several. Any Borrower who co-signs this Securiry
<br /> � . Insln�ment but does na execute the Note: (u) is co-signing this Security lnstrument only to mortguge, grant and cunvey thet
<br /> := "�:, -
<br /> — " Borcawe�s interest in thc Property under the terms of this Security Instrument: Ib) is not personally abligated to pay the sums ;
<br /> --�� .'� , se�ured by this Security Instrument:and(c)agrees that L.encler und any other Borrower may ugree to extend,modify, forbenr or i
<br /> `•;�'�s,
<br /> �y.�� .�;, :� make any uccommadations with regard to the terms uf thi+Sccuri�y In.rtrun�ent or the Note without Ihat Borrower's consent.
<br /> Y-� � : � 13. I.oan Charges. [f the loan xecur��d by this Security Instrument is suhject to u luw whirh sets maximum loan cherges,
<br /> ,�,y,,. .,.;.� .,, und thut law is finully interpreled sa thm the interest or rnher laun churges collected or to be collected in connection with the
<br /> �' �..... . loan exceed the permitted limita. �hen: (u) uny ,uch lo•rn churge shull bc reduced by the amount necessury lo reduce the churge
<br /> � � d•'�••^�� � � to �he permitted limit:und Ib)uny+um,ulreuJy rullertcd from Borrowcr which cxcccJc.�l perniitt� limits will bc refunded�o
<br />�, � ,� �_ �• �^ Borrower. I.ender nwy rhouye ti� ntake thix refund by r�lucing the principal ow��d under the Nute or by making a direct _
<br /> � �`�• puyment to &irrower. If a refund reduces prinrip�l, the reduction will he treated as a punial prepaymetN without tmy
<br /> -- '�'��"` � prepayment charge under the N�ne.
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<br /> 14.Notices.Any noticc to Borrowcr provided for in thix Securiry InMrum�•nl�hull he given by delivering it or by muiling
<br /> — iit���`'•. . it by first class mail unlesti applicable law rcyuireti u,e of another methal. The no�ice�hall he directed to the Propeny Address =
<br /> ' " ' . or any uther address Borrow�er de�ignates by noticc ai I.cnder. Any n�nice tu LcnJcr .hall be given hy first class mail to r
<br />.�� � � •- � Lender's aJdress stated herein or any other aJJress L.cndcr designute+ hv noticc m &�rn�wer. Any n�xice provided for in this }
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<br /> •,�_��_.,., , Security Instrument rhall be decmcd la have hcen given tu Bnrrawcr ur Lcndcr whcn givcn a.�pruvidcd in this paragraph. _.
<br /> . _ . I5.Governin� l.aw; 5evernbility. Thi, Srcuriry Inwnm�cnt shall he govcrned b}• 1'cder.►1 law ancl thc law of the
<br />-� � � `� jurisdiction in which thc Pmpeny is I�x•rt��J. In th�cvrnt thut uny provitiinn��r rluu.r ��f thiti Securily Instrument ar the Nate --
<br /> _-� '�`Y"'-'�� contlirls with applicable law, surli ranflict shall n��t affcct other provisiuns af thi+Securiry In.lrun�enl or the Nute whinc�un be
<br /> "= " ' - gi�•en rffect withaut the runflirting pr��vi,iun. T��this rnd thc pro�•i+ionx ut'thi.Security h�tiirun�ent and the N�He ure decl�red �
<br /> . � �, . .. to be severable. _
<br /> •� l6.Bort+ower's Copy.&irniwer shall he given onr conf�irnu�l ropy uf thr Nutc unJ�,1'thi,S�YUrity Inti�rumcnt.
<br /> � ��, Form 3028 8190 �_
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