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<br /> _��.o_� 92— �os2�.a �
<br /> poym�nW may no lan�cr bc required.At thc option of L.ender.if mortga�e insurAnce coverage(in the amount and ior the pedod
<br /> tlwt L,ender requirca)providod by an insurer approved by l.endcr again becomes available ond is obtainod. Barrowet'�1u+11 pAY
<br /> 1he premtums required to maintoin mortgage insurance in effect,or lo provide w loca rcserve.until the rcquirement for mort�e
<br /> inwrance erwia in Acc�n�nce with any written�greement betwesn Borrower and l.ender or Applicable law.
<br /> 9.Inspeclba.L.ender ar its agent may makc re�sonable tnMcs upan and fnspecKions of thc Property.L.ender siwll Qiva
<br /> - Borrowcr notico at tbe time of or prior to un inspoclion speciPying reasooable cause f�r the inspection.
<br />- 10.Contkmnatiop. The procee�s of ony award or claim far dwnages,direct or consequential.in connection wfth any
<br /> ���--� condemtwtion or athar trkinQ uP crny parc of the Property,or for conveywue in lieu of condamnation,are hereby ar�igned wKt
<br /> �twll be paid to Lencler.
<br /> In�he event of a totol taking of the Property,thc praceoda shall be applied ta the suma secured by�his Seturiry Insuument.
<br /> whether or not then due, with any eacess paid to Borrawer. In th�event of a partial teking of tho Property in which the fair
<br /> msuket value of the Property imn�ediatcly before the tektng is equal to ar grenter than the omount of the sums secured by Ihis
<br /> _ = — Secudty[nstniment immediately befare the taking.unlesa Borrower and Lender otherwfse agrec in writing.the sums secured by
<br /> --` ` " -'T-��� this Security Instrument shall be reducod by the umount of the proceods mulUpUe�i by the following fraction: (u)the total
<br /> amount of the sums secured immediately before the taking. divided by(b)the fair market value of the Properry immodisuoly
<br /> befoa the taking. Any balance shall be paid to Borrower. in the event of a partial taking of the Property in which the fair
<br /> market value of the Property immodiately before the taking is less than the amount of the sums secured immediately txforc 1he
<br /> --�---�°- taklog, unless Borrower and l.ender otherwise egree in writing or unless applicable law atherwise pravides,the pracetds shall
<br /> "--—'_`�;�;�� be appfied to the sums cecured by lLis S�x;urily inat�utitent whcihcr or not the s�ms arr then due.
<br /> --- — If the Property is abandoned by Borrower,or if.after notice by l.ender to ilorrower that the condemnor offera to make an
<br /> � �_„�„�� award or seatic a cleim for damages, Borrower fnils to respond to Lender within 30 daya aQer the datc thc nutice is given. -
<br /> Lender is euthorized tw collect and applY the Proceeds,at its opt�on,either to re.storation or repair of thc Property ur to�he sums
<br /> .��� secured by this Secudty Instrument.whether or nat then due.
<br /> �"�-'�=W`�"'� Unless l.ender and Borrower othenvise agree in wrlting, any applica�ion of proceeds to principAl shull nat ext�nd or
<br /> postpone the due date of the fnonthly payments referred to in paragraphs 1 and 2 or change the amount of such paymenis.
<br /> ;�•'�� lt,Rorrower Nat Released: Forbeacanee By Lender Not w Waiver.Extensian of the time for payment or madi�cation
<br /> � �� of amortization of the sums secured by this Security Instrument grented by[.ender to uny successor in interest of Borcower shall
<br /> =��� .�`,���� not operate to releasc the liability of thc uriginal Borrower or Barrower's successors in interest. I.ender shall not bc required to
<br /> ���� commcnce praceodings ogt►inst eny successor in interest or refuse to extend time for pnyment or otherwise modify amonization
<br /> .�:•��-�-..`T� of the sutns secured by this Security Instrument by reason of any deman�i made by thc originul Borrower or Borrowcr's
<br /> successars in interest. Any forbearance by l.ender in exercising uny right or remedy ahell not be a weiver of or preclude the
<br /> —.... ,:`� exercise of any right or remedy.
<br /> _ '� ���_". _� 12, Successors and AssiQns Hound; Joint and Several I.lability; Co-signers. The covenants und A�reemems of thls
<br /> �,.?.•:.,,� Security Instrument shall bind et�d benefit the successors und assigns af I.ender and Horrower, subject to the pmvisions of
<br /> _ ,.:.�.�. ,.r. paragraph 17. Borrower's covenants and agreements shall be joint and several. Any BoROwer who co-signs this Security
<br /> � t.��'�• Instrument but dces not execute the Note: (a) is co-signing this Security Instrument only to rrwrtgage, grant and convey that
<br />°� �'�� ;"�,� BorrowePs intcrest in thc:Property under the ternu of this Security Instrument;(b)is not personally o6lignted to puy the sums
<br /> � ..'• secured by this Security Instrument;und(c)agrces thut C.endcr und any othcr BoROwer may Agrce to extend,modify. forbear or
<br /> �?�•�" �-- " - make uny acrnmmodations wilh regArd to the terms of this Sccurity Instrument or the Note without that Borrower's cansent.
<br /> '�#"'�""�~►` � 13.I.oan Charges. If the loan secured by this Security Instrument is subject ta n luw which sets muximum loan charges,
<br /> � `'�` ' and that luw is finally interpreted so thnt the interest or other loun charger collected or to be collected in connection with the
<br /> �a
<br /> �'."� .''�`:; ;;_;.,'�u�,� luan exceed the permitted limits, then: (u)any such Inun churge shull be reducal by the sunount necessury to reduce �he charge
<br /> _� '�i�"� to the permitted limit;and(b)any sums ulready collectc�i from Borrower which exceeded permitted limits will be refunded to
<br /> ��,�r;j�,�� •.: .fi`� Borrower. Lender may choose to makc this refund by reducing the principul i�wcd under thc Notc or by making a direct
<br /> ��`'�""=�"-"'- paymen� to Borrower. If a refwul reduce.g principal. the reduction will be treated us a pnrtiul prepayment without any
<br /> :; •�.� �,._� prepayment churge under thc Note.
<br /> '�:: „:-";� •' 14.Nottce.v. Any notice to Borrower provided for in this Sewrity Instrument shull t►e given by dclivering it or by muiling
<br /> -- ` � ` it by first clavs muil unlcss applicablc law requires use of unothcr methai. The notice+hall be directcd to the Property Address
<br />-�� ��.i�,rf,..: ..:••.��•: or uny other uddress eorr�wer designutes by notire to l.enJer. Any �wticc ta Lendcr shall be si�•en by first class mail to
<br /> �� .; .. .
<br /> -_����_,*_c' Lender's address stuted herein or uny other address l.ender designates by nntice to Bormwer. Any notice provided for in t �s
<br /> �'°��'_ "� ' �, Secu�it Instrument shull be deemed w huve bccn given ta Borcower or l.cndcr when givcn us proviJeJ in this parugrsiph.
<br /> -- `��4w���x� ., � Y
<br /> .i�����(� �' IS.Governing Law; Severabflity. This Security Instrument tihall t►c g�►vernecl by federul law und the law of the
<br /> i1�e;.� :,.. �� ...
<br /> ,,. ;�.•� r jurisdiction in which the Property ia lcxutod. In the event that any pmvision or cluuse of thix Security Ins�rurnent or the Note
<br /> "��..'�� . . conflicts with Applicahle law, such contlict�hall nnt affect othcr pmvixiunx of thi.5ecurity Instrument or the Nrne which can be
<br /> °' �• ,� . siven effr.ct without the conflining pmvision. To thiti enJ the provisions o`this Security Instrument und thc Note•rre declured
<br />-�,��•� � to be yevernble.
<br />`= . , 16.Bormwer's Copy.8orrower shall be givcn one coni'ormeJ rupy uf the Nute und of this Securiry Instrument.
<br />�s '� � .t• Form 3028 8J80
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