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<br /> F,aYnxtus m:ty na laiger be r3quiral.at thc nption af Lcn�9er,if �iwrt��:i�uu�.ukc�o�•�r��(in the anwwnt�rxl f�+r�hc perba! ,
<br /> tfuu Lcixkr rayuircyl pra�•icisxl by su�insurcr x�+mval by La�r�ain bac�unes uv:ul:�le�uxi is c�btainal. &��r��wer st�11�iay
<br /> thc prcnuums rayulntil t��n�i�w�1n nwn�:�e i:uuran�e in eftat, ar tu pnwide a law riscn�e,uruil the reyuirrnie�t fur mort��e
<br /> ii:ws�s+�:�c cruic in aa�urdwxe with wiy writu�arrtuti�ent be�w•ecn&�rruwe�wxl l.c�xler ur upplicable 1:►w.
<br /> 4. Iaspatton. Lenler ur its arent n�ay mtike reasoiuiblc c:uric:s upcm uiui inspectiona of the Pmperty. L.cnder sl�ll Civt
<br /> Burrowcr�x�tice at thc tim uP or priur tu on iru.p:cti�n s�ifyin�tt�c+twble csw�c fiv thc itu�cliw�.
<br /> 1Q. Lo�den�p�tlua.'Ilu proceeOc ui any awarJ or cl�m for dan�cs. dirctt or cc�nsequential. in rnnrxxtiai with any
<br /> candenu�ation or aiher taking of any part uf'tiie F��zrty. cu Fo:m.^.veyunce in litu of�Y►nde�iuutior►. are her�;by assi�t�ed aud
<br /> siwll t►e pzid to I.encler.
<br /> In thc evrnt of a tatal taking of thc Property,thc pracecds st�1� bo aFP1�ed to ch�i+'nu����by this Scruriry Insttunzrnt,
<br /> whether or not thrn due, with any excess paid to Borrower,In the event of�partial taking of the Fro�erty in which the fair
<br /> market v�luc of the Property inunactiately beforc the taking is equai to or greater tluu� d',e amount of the sums secured bY this
<br /> Securiry Instrument i�ur�ediately before the taj:ing.unlesc Borc�wer and Lender otherwise agrce in writing.the sua�s secured by
<br /> this 5ecurity Uistnunent stuill be reduced by the anwunt of the Qs+cx�eeds multipliod by the folluwing fra:4isrr- (a? chr tcxal
<br /> :,z�,aount of tix sax►s s.�curxl imnw�i�:::y be£v+re the tz6i,�,divid�l�+_ (bl the f;�i.P a�u{cet �•al«ae cs w:Y�coqaet�y' inunediatelY
<br /> C�r"ore the t.al�it�'.. A�� C+s"_-*�x st�,zli!z Wv.r3 w&arm.wcr.In ti�e er•eni of a ps.^ti�al taking o6�Pr�xi� i��which the fair
<br /> maricet v�luc of the Property inunediatepy befure the taking is less than� llcabnle luw other�ivi�urovides, tho procuds shall
<br /> taking, unless Borrower and Lender otherwise agree in wri�ing or unless app� P
<br /> be appliod to the sunu secured by thie Socurity]tutrunxnt whether oe not the sums�ue ttun due.
<br /> If the Propetty is abandoned by Barrawer.or if.a{ter notice by Lcnder ta Borrower that the a►ndemnar offen to make an
<br /> �►w•ard or sctde a claim for dun�ges. Borrow+u fails w ra{�ond to l�cnder within 30 days atter the datc the notice is Qiven,
<br /> l,ender is authoriud to wllect arni appiy tha prabods,xt iu option, efther to restorrtion or rcpalr of thc Property ar tu th�►ua�
<br /> eecwod by ehts Saurity Iqctrument.wtKtber or�Wt tlKn due, � inci cluil! not eztea�l �
<br /> Unkss Lendtr sad Bortuwu otherwiu �roe In w�tln,�. rny �pp�icxticx�of procoods pr Pal
<br /> pastpc�nc thc due dtue uf the nwnthlY M►Ynxnts refertal to In patyr�phs I�tx12 or chrtt�c the+unount of wch p�ytnetuA.
<br /> tl.Borrower Nal Re{ened;Forbaranct�y l,es�da!V�r W�1ver. �xun►ia�af the timc fo�prymer�t cr mwlificxtiun
<br /> uf Wtwrti�tio�af the sun�c Mcural by thiy Security In,truman �nnsod by Lcixler to ony sucoes�or in interest of Bwn�wer xlull
<br /> • not aperate W rclease the liability of the ari�itul Borroweror Bcurower'�wccesso�in interest. Lende�stall not be royuirod to
<br /> �o�oe proceed;n�s�sincc iny wcoasor ia intcrat or rcfusc to extad timo for pxyment or otherwise modify artwnir�tion
<br /> of tbe sums cecured by this Security Inst�nent by r�san of tny denuu�d macie by the origitiul Borrower cu Barrower'�
<br /> wooessors in uuuest. My forbetranee by L.ende,r in exercisin�any right or remodY shall aot be a w�iver of or prcclude tho
<br /> � exeriyse of any right or runedy. Thc covenuus and stgreementa of this
<br /> 12- Suoces�ors and A�� Bound; Jolot sod Sevcr�l LtabUltY; Co-�na�•
<br /> �. Security Insirumerst sMsll bind aid benefit tbe sucaessors u�d assigns of Lender ancf Borrower, subject to the provisions of
<br /> � panigraph 17. Borrower's covenants and agraa�enro s�2ull Ue joint and several. My Borrower who oo-signs Uus Security
<br /> �� Ynstrumeat but does not asaute the Note: (a)is co-signiag this Security Instrument only to mortgage. 8rant aad coavey that
<br /> ; �awa�;�c�esi i�,�c��,.,:.i u::r.'•«.:lrss�Qf e,�.;s g±r.,rit� inr.trummt;(b)ic oot petso[�11Y Ob1i88tOd to p�Y tbe s�� _
<br /> i socarod by this Socurity Instnunent:ud(c)agtas thac I.ender and �y wi�er Sorrowzr tnay�;�ta eztend.=nodlfY•for6ear or _ �----
<br /> � �any acoormiodatioos with rcgard to the terms of this Securiry Inurument or the Note witZwut t}�at Borrowu's conse�t.
<br /> 13. Lasu C6ar8es.If the loas secuned by this 5ecuricy Inswment is subject to�taw wdich sets^��_���*+loan charga,
<br /> � a�nd that 1aw is finally interpreted so th�t the intens►or other loan charges eollocted or to be coUatal in eonnectian with the
<br /> ti. lotit exoe�the pennitted limits,them: (�)any such loaa ch�uge shall be roduced by the�tuount �cu'Y to roduce the charge
<br /> to the permittod litnit:and (b)anY s::zrs slready collxted from Borrower which exceeded(�iutxl licnits will be cef�aded�to
<br /> t� Borrower. Lender may choose to �sL�this refund by rcducing the principal owod urnier�`se Note or by �
<br /> r paymeat w Bomnwer. ]f a nfund redu�es pe'in�cipsl, the reduction will be treated as a partial prcpa�,vmenc witiwuc any
<br /> � P�Y�t�Se under the Note.
<br /> � 14.NoBay. My notia to Borrowa provided for inthis Security Lutrument shall be given by deliveriag it or bY m9iling
<br /> � it by ficst elass mail unless applicablc�aw tequires use of anotha method."The notice shall�b�dirated cu the Property Addnss
<br /> s or atry ot�w�ldsr,ss Borrower designates by natioe to Leader. Any notict w Lender s�ai! be given by first class atail W
<br /> 3 � (.a�der's address statod henin or any otlxr�ddress Lender dexiBnaus by notia to Botrower. Any ciotioe provided for in this
<br /> 1 � S�CUrity Izssuument shall t�e deenxd to have been given to Borrower or Lender when given zs providod icn tltis paragrr�h•
<br /> :; �5. �overd� Law; Sevesability. 'Itis Security Instnunenc sha11 be governed by federal Isw aad the law of the
<br /> juris3ix�om in which the Propercy is t�ocated.In the eve.�t tlzat aa�r provision or clause of tlsis Security iQwvaxnt o�r eL�e Note
<br /> co:.i;icts with applicable law, such o�nflict sh�li not affect ocl�et Ft�ovisions of this Securit�p�urument oc'd�Note which can be
<br /> ' given effect without the conflicting provision.Ta t�6i.s end tlse provisioas of this Security Instrument wd�tFie Note arc declared
<br /> ' to be sevuable.
<br /> � 16.Ba�rrowa's Copy.Borrower st�ll be given one conforn�od oopy of the Note and of�his Security In�vwu�i.
<br /> Form 3028 9t80
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