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<br /> . RE-RECQRO���'� ��9 �� �O�iFt�� � , , ; A s,_
<br /> � nayments may no tonger be required,at the ogtion of Lenda,if mortgage insurance coverage(in the amount and for the period •' . . :- __
<br /> � ' that Lender mqui�s)Provided by an i�uer stPProved by Lea�r agai�►6�casn�aLSileble and is obt�ined.Borrower st�11 paY the .- -
<br /> � pmcniums recluired co maintain mait�age insurance in effect.or tu�'ravide a loss reserve.until the requirement for mortgage [ , ` •
<br /> � ; insurance ends in asoordance with any vrrinen agreement between Borrower and I.ender or a�plicable law. ve � . . -
<br /> ons af the PropertY.Lender shall gi
<br /> 9.InspecNoa. Leader or its agent may matce reasanable enuies upon and insp�ti .. ,
<br /> � Borrower natice at the ame af or prior tn an inspection specifyin8 reasonable cause for the inspection.
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<br /> - �� 10.Co�sl�atlo�- 'Ihe proceedg of any award or claizn for damages,direct or consequendal, in connecdon with any .
<br />.. condemnatiDr►or nther taldng of any part of the Property,or for conveyance in lieu of wndertuiation,are herebY as��ed and - - --, ---- -- -_- -
<br /> shall be pand to Lx,nder. he�i to the sums secured by this Seciuity Iasuument, '.
<br /> In the event af a moml talcin8 of the Prapert�+.the praceeds shall be app' m which ttce fair marlcet •� , .
<br /> whether or nat t�en du�,��y�cesc paid to Boirowea.In the event of a paival talQng of the Propeity� _ :
<br /> { value of the Property�nmediatelY bef�the talcmg is equal w or gr�ate�than the amo�t of the ss�ms s�by this S�ity ,s�
<br /> `j I n s u u m e n t i m m e d i a t e l Y b e fore the lahin g, unless Borrowa and Lendex othe�+ise agree in writing,die svms ser�ued by this f , . . ,
<br /> + SecuritY Ins�ument shall be reduced by the amonnt of the p r o o ce d s m n Itip l i e d by t h e f o ll o w i n g fr a c ti o n:(a)t h e t a t a l a m o v n t of ,. , ,.-;y-��
<br /> � the sums�ecured immediate ly b e foie t h e t a�n g,d i v i d e d b y (b) the fair market vatue of the FcopertY imm�y 1�fore the ; _ ..:
<br /> of the Pro in which the fair markei value of t he ��°�*�
<br /> taking,Any balance sha111�e Paid w Borrowu.In the event of a parual�aldng P�Y . � ..:���.��
<br /> p�operty immediatclY he foie t 6e t a k i ng is less ihan the amount of the sums secured immediatcly before the takin�g,�unless :_ �'', v
<br /> m writing ot unte�s applic�le aaw olheav,ise providcs,the pr+oce�s s6au be app' ..�--�-��.:�---
<br /> : .� Bouower and Ircader othe�wiscs ag�ee ;'�:�, _—'- V
<br /> s�ms seciued bY this Se�itp�nstnu�e°t wheihrr or not the sums are the�due.
<br /> If the Progerty is abandaaed by�orrowa.or if,after natace by L�ender w Bmmwer that the condeannor offeas ro rualce an :'.�, `
<br /> award or seule a claim for damages.Borrower fa�s to respond tn Lendes within 30 days after the date the notice is given,L�nder . ;.�,. ,: . _
<br /> ' c a II e c t an d I t h e az it�o pti+on,either w restorarion ar m�air of the PrupercY os to the s�nas secured �::. ,�;4:,..,:.�y,� ,�
<br /> '- i s s u t h�.e d o o a P P Y P�� .,r�,������::.�, �`i��'
<br /> ` by this Seauity�uu�en6 whethex or not then due. � d ar pastpone f . :::� J�.,??�i.��'�:_-
<br /> m wriiin any applicatian of proceeds w Prinapa! nai exten t: ;>{s��4
<br />' Ualess Ler�der and Borrowa otteerwise agre� B, :'>' '.:.;,.;,,;T.,�' . .:.i
<br /> • the due datc of the month1Y peYments refeired ro in paragraphs 1 and 2 or change the amount of sncm p�yments. ���..
<br /> 11.Borrow�Not Reteased:Fosbearance By I.ender Alot a Waiver. Extcnsion of the time for payment or modification � ���..�:i','��`4`-�y a�7
<br /> ted by Lender w any succ�.ssoi in mte�s�of Bolrowea shaII :; f.:,-: _
<br /> of ataorti7ation of the sums se�ued by this Sesuriiy Insuua�t Sran .;,,�,�..: . '_
<br /> not ogeaat�ta release tLe 1iab�ry of the originai Bmrow�r or Borrower's snca-sso�a in interest.I.endea shall not be requucd co I ,,.�£.�..: . : .
<br /> . c a m m e a�c e p i o c e e d i n g s a�a i a s t a�ry suc�s.SOr in mx�est or refuse w eatend time for paymeat or otheawise madifY amorti�araon of :• . Y •
<br /> - i i�e s a m s s e c m r e�d b y t h i s S�I o s u u mant b y r�on of any dcman d m a de by t h e o r i g i n a 1 B o m o w e r o s B o n o a a's s u c c e s s o r s ':ti.' :,. :,`�: '.ti:�1 -
<br /> � ' in intea�t.Any to�anoe by I.ea�ra exe�ising any right or remedy sf�all not be a waiv�a f or p r e�I u d e t h e e x e a c i s e o f a n y �'�`�!_'' ',*t ,. '� -
<br /> right or remedy. I�;,,::,�" • � . �' ..:, -
<br /> �r, gu The cavea�ants and ag�eements of this H , � 'r ;>,-
<br /> . 1Z.S�ccersors eaad A�igns Ba�c�;loia4::�a�t:n_vegal I.iab Co-si eas. �ns of •,•';��•: • .� -
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<br /> � ecauity Instinime,nt r` bind and beaefit the s�^�.essors and assigns of I�n�er and Bomowea,sub,ject w the pro . . =:,ti��;:;.,,;,tit....�^-
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<br /> . . pazag�aph 17. Bonoweis coveua�n�s and agreea�eats sUall be joint and sev�ral. My Boaower who o�-si� th3s SecariiY r �;:_
<br /> eu all
<br /> Iasauffient onty tn mortga8e,Brant and o�nvey that . .. 3�r`. ��.j;�
<br /> Instrument but does not ea�ecute ths Note: (a)is co-s�gam8 ttus Secanty • .���.?: �,;��� :„
<br /> • ' Bmcower's inteiest in the Pmpeirrcy �mder the tams of tLis Secauity Insuamenfi @)is not pasonallY obligated to pay¢�e sums . ��Y.,;.,,;,..; :
<br /> t est ! �9 to e�d,maQifY.f�srbear or - ,�;,,
<br /> • secaued by this Sepuiry Inst�ment;az►d(�)$Si�s�Lender and any othcr Borroivea way aBree ..
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<br /> make any accommndations with regsrd w ihe trJrns of this Security Insuument oi the Note wid�out that Bomowec's consent J: •:Y,>.',41;._-
<br /> 13.Loan Cimegea. If the loan secured by this Seauiry Insuument is subject to a law whi�t►sets maxitnwn toan�harges. _ �.y
<br /> . and that 1aw is fmally intarpreted so that We inteiest or other loz�charges coIIected oi�be colleated in connearan with the loan �;.,�.,
<br /> t est -
<br /> l�mits,.thea:(a)any sncd 2oan charge sbaSl me mduoed by�he amount necessaiY tn rednce the charge ro the � .�:< .�;:
<br /> exceed the pe�niued tted limiis will be refunded w Boaower. • �i .�;.�..''
<br /> . �� permitted limifi and(b)anY sums alrady colleixed fmm Borsowei which exc�eded Penni a direct paym ' ,
<br /> Leader may choose to maice this nfand by reducm8 the Princ�Pal owe��the Notc or by�^.,8 ent charge - i,�,
<br /> t aithoni�'P�Y� ��! .
<br /> Barmwez If a refund reduces pzincipal.die rednction wiU be treatrd as a�m:�ia1 P�Y� r� ''`�'`:, '-
<br /> ,o..:���y�, st:�.:
<br /> und�ihe Nate. . ..
<br /> . 14.NoNces. My notice to Honower pmvided for in this Seauiry Iasorument shall be glven by delivrrmg it or by mailin8 It .,,�..-'�fE�;:,;,;�;:.�_:
<br /> by#'itst class mail unless applica6le l�w requaes use of anoLher method.'It�e noticce shall be direaed w the Propea►Y Addtes9 ar �'..•�3�4: • :. "' y
<br />' aotice to I.ender.An notke w I.enda sha1D be given by fnst c1a5s rnail w Lender's .", �.�~�.• �
<br /> any other address Banower designates by y vided for in this Security "` ��
<br /> addrrss stated here�or xny other addres.s L�►dea desigaates by nodce tn Borrow�.Any notice pro � ; .- �.-
<br /> ven tn Borrower or Lender when gi prov;u�a3 in this h. ,�i�::�:.., .
<br /> It�suument Sttalllle deemed W have beea�$i ven eS P��P i,,��,.�,.,,� .
<br /> fi:'.
<br /> . 14a.�vtsning 1.sw;Severabfllty. 'Ihis Se�uicY instra.`ment shall be goveme� �Sy fedaal law�t ar the ATote �``'�i�`�i;,;:,�`�-.•,° 1.:
<br /> juris��an in ahich the propesty i�tac�ted.In the eveall Mat any provisIon or ctause a�g¢his�ec�uity , �'s�,,' ,: • ,- .,,_
<br /> conf�ictv wilh app l i c a b l e l aw,su�h c o n t l i c t s h a;]r r�t affect othea p r ovisions of iltis�ecurity lnsuument or the Note which can be ' = •` '� .. .,•:::,,:
<br /> give:�e`�'ect without the conflicting provision.To this end thc grovisions of this Securiry Insliument and the Note arc deciared tn ;=��.,"'`.".,t...• _
<br /> be s:�m��le. '"``�� '
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<br /> Form 802s �I90 -
<br /> . ' Papes o�e tnit�air. .. ,
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