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<br /> . . ' .. . : ` - ' • . . : . � ,� , � . � . ,•. , � `. _
<br /> : - . : . ` . ; . .•, � `. .. � , . . . ., . ', , . , ., �� � . , . . ,. � �, � � ' �::-
<br />, . . � ' �� � " � ., � . ._ � �. � '_ �. • . _ ` ' ---�. . ....._. : • •�
<br /> _.� .�._ _- ----.__ ..._ . .. .. ... f . , .. _ _
<br />. . . 97- ����� � . ��, . . - _ --.
<br /> . . . � � t , . - -
<br /> payments may no longer be required.az the option of L�nder,if mortgage�n��*ance coverage(in the amount and for the period f ., - _
<br /> that Lender requires)pro�ided by au insurer approved by Lender again becomes available and is ohtained. Boaower shall pay _ .. __ _. -. - - - :--
<br /> ' the premiums required to mainrain mortgage iusuiance in effect,or to provide a loss reserve,until the requirement for mortgage • l� �
<br /> � insuranoe ends in accordance with anY written agrcement between Borrower and Lender or applicable law. . � . _-
<br /> 9.Ins�ection. Lender or its agent may make ceasonable en4ries ugon and inspections of the Property. Y.ender shall give � ;,;
<br /> -` Borrocver nodce at the time of or prior to an inspection specifping reasonable rause for the inspettion. • . "`�
<br />� �
<br /> -.� 1�.Coade�ns9iQU. The proceeds of any award or claim for dam?oes, direct or consequenrial. in connecaon with any —`._ .- -- ' �-
<br /> { conde�nation or other taking of any part of the Pmperty,or for conveyance in lieu of oondemnation, are hereby assigned and � �
<br /> � shall be paid to Lender. . . . , '
<br /> 1 In the event of a total talang of the Property,the proceeds sha11 be applied to the svms secuted by this Securiry Instrument, .
<br />;: < whether or not then due,with any excess paid to Bormwer. In t he event o f a p a r ri a i t a k i ng o f t h e Pro p e rt y in which the fair _ _ _"'•'��"�``�
<br /> . market value of the Property ireme��arPty befc-ee�e tal�ng is equal to or greater than the amount of the sums secaued by this •. ':, � --
<br />' Se�urity Instrument immediately befaie the r,�,unless Borrower and L.ender otherarise ag�ee in writing,the sums secuned bY . • . 4'",-' �,..
<br /> �` ,:;,�,�'�.
<br /> ' this Securiry Instrument shall be reduced by � amo�mt of the pruceeds multiplied by the following fraction: (a)the total � �r-
<br /> �� � �����.
<br /> . a��rt of the sums secured immecliazely befare t��tal�ng,divided by(b)the fair m.:�..j value of the Property i�sediately : . ,,,.;.=���.
<br /> 'C
<br /> . ce����taking. Any balance shall be paid to Fozsower. In the event of a partial ta�g of the Froperty in wli� the fair � ��'�
<br /> � �ari�:�-a��of ths Proptrty immediately befors�.�°.taking is less than the�ount of the sums secured itnmediately befote the . <�, ' `_: .r�.
<br /> : , ,.
<br /> tak�a,�iess B�rcower and Lender otheraise agree in writing or unless�'::cable law otherwise pro�ides,:he praceeds sh�1 •. � _ -
<br /> . be�L'-'�W the s�ms se�u�ed by this Security Inssrument v,fi..�er or not the sums are t�e due. � :�t<�`��: . `.:.
<br /> .. =:<he P r o p e r t y is abandoned by Borrawer,or if,after n�ice by Lender to Borro�.tLet the co��nor offes:a�ake an ;�'`__ �-�".
<br /> —, .,.,�,�,�.Y�..
<br /> aw��r settle a claim for damages,Horrower fails to responrl to Ixnder withia 30 ��after the c�.e t he neu.-.e is given. , �b�.� ----
<br /> -- Lender is authoriaed to collect and apply the prec�cis,az its optioa,either to restoration or repair of th��roperty or to the sums ._, z.._�
<br /> '�. secared by this Security Ius�trument,whether er no.then due. `�• �-�
<br /> i3nless I,ender and Borrower othera�is� �in writin8, �Y aPP��on of proceeds to principal shall not eatend er ;'�,�� R ��.
<br /> "` postpone t3te due date of the mo�y payme^-.._:�r:rred w in_�-ragraplls 1 and 2 or change the amount of such payne�s. • ���' __.
<br /> . ;�`:,`�. � �^; _
<br /> ' 11.Borrower Not Released.;�orbear..��3'Len��"�t a waioea'.Exiension of the time for payment or��dification
<br /> • of amortization of the snms secured by this 5�--,...�ry Insuument grantecl bY Lender to anY success°r�n�nt�st of Borrower sha'.3 � �.�•.j __
<br /> '. not ogerate w release the liab�iry of the orig�.°1 Eorrower or Borrower's sr.ccessors in interest. Ixndc-z s::all not be required t� �.� . :� ,
<br /> �c��ence g-roce�dings against any successor i�i�terest or refuse to exteny'�e for paymeat or otherw�.�modify amnrti�atie�:. '.. • �: �f, . :
<br /> ; , of�3e snms secured by this Secvriry Instn��nt by reason of any de�n3 made by the original Borrower er Bcnower's '���' '. :'.r ..`�' '�
<br /> ..,�: :, ;;-
<br /> suc�w�s in interest.Any forbearanee by L.�3er in execcising any right�*remedy shall not be a waiver of or L�ude t� � ��^� ' , �
<br /> ��� � Y � �• .... .;:�� '.
<br /> exerlse of an � or r � '
<br /> � ��' 12. Suoae�o�et aad Assigos Bonnd;.U�r�d Seve�l Ltability; �io-signeas. 'fhe wven� aid agreements of ttis .;�. .
<br /> r
<br />'� F Sec�it�+Insmimsnt shaU biad and benefit the successors and assigns c��er and Bonower, sr�;�x to the provisions cf �:.�:' !
<br /> ��aph 17. Bornnwer's cavenants an�agreements shaU be loinc aad several• Any $orrower who co-si�as �.s SecutIty
<br /> mort e t 2�oa�tv thai ��'���
<br /> � �: I�.c�r c��a t b u t d o e s n o t e x e c u t e t h e N o t e:(a) i s c o-s i gn i n g t h i s S e c U r i ry I n s u u m e n t o n t y t o g a g ,g�r an �Y � ;�
<br /> B ozroa�'s i n t e r e s t i n t h e P r o p e r t y u n d e r t h e t e r m s o f t h i s S e c u r i ry I n s t n u n e n t;(b)i s n o t p e r s o n a l l y o bli g ated to�a y ti�e sums .:.�$�
<br /> �{ securzd by this Securlty Instrument;and(c)agrexs that Lender and any other Borrower may agree to�z�ud,mod'►fY,forbear or "'•�'��,��- -_-_
<br /> �� make aay accommodations wlth regard to the tarms of this Security Instniment or the he:e without th�2�Borcnwer's wnsent. �;q;�;•.-�,�r9�"•'
<br /> Li3.Loaa Cl�rges.If the loan secured by tbis Securiry Instrument is subject to�'aw which sets maximum loan charges. •��3.��.;:. .._
<br /> .*1�Ri'�%ir,�..:-_
<br /> and�law is finalty lnteipret�so that the interest or other loan charges colleaed ar to be collected in connection with the :�-` •�_, -�.•:.
<br /> loan exceui the ger�iued 1ims�,:�:(a)zzY such loan charge shall be reduced by the amonnt necessary to reduce the charge � ,� °{;;;�
<br /> to the persnitted �1.�;and(b)anY sums ueaaY collected from Bormwes cvhich exceeded permitted limits wjll be refunded to - .°�,`;.`,
<br /> �,,..y
<br /> ..� � Boaower. Lender�y choase ta make sius sefuad by reducing the pr��pal owed nnder the Ncc: or by making a direct -- '��'=�`='
<br /> �;;.�
<br /> payffient to Borrower. If a r�`:� rednces principal, the mduction �*^_i be ueated as a partial piepayment witlmut aay �:+��,�,
<br /> � ptepayment chargE under the ho:�. ,_ _ �- °.
<br /> 14.Nottces.Any norice_*a�orrower provided for in ttus Security Insuument shall be given by delivering ii c�by mailing :�� ���
<br /> it by first class ma?anless apPlicable law reg�aires use of another met�a�The notice shall be direcxe�w the Property Address •.;, „,'�:•. . ..°`="'
<br /> ' • ,' or any other� Bornnwer desi�ates try noace to Lender. Aay n�ce to Lender shall be �iz�by first class mail w ' ,
<br /> � Lea.�t's addres3 s*.�ted herein or any other address Lendet�igna:as�•notice w{icrroarer. Any a�tice provt�w for in this •�,:�i���'..
<br /> ._�,�..,.�_:,
<br /> S�uity Instru�'ee:t shall be deemed to have been given to��swer or Lender when�.�as provided in this p��h. . ..l..:.:�•-'-;�T`:-:_
<br /> 15.Govea�f�.g I.aw; Severability. 7Y�is Security L-:.�:ment s§a!1 be gover.�� by federal law and �: iaw of the .}�_. ,,.. aT��y'�
<br /> �ti
<br /> jUrisdicilon in wt,'s�h the Property is located. In the event that any Frc::saon or clause of this Security Insuument or the Note � �-,
<br /> not affect ot*er rovir.�,.�of ffiis Securi Insuum,es.:.or the Note which can be •�"����__ _,
<br /> c o n fl i c t s w i t h a r�,�,I:c a b l e l a w,s u c�w n fl i a s h a l l P �Y • ��,;.x�;�'�-:'
<br /> given effect without the conflicting provision.To tbLs end��provisions of tius Securicy Insuumeut and the Note are declared •-=;�4�.�,�.�_
<br /> ' � to be severable. .°•;s��'.��`,��� .•�..i
<br /> ' ' � 16.Borrower's Copy.Borrower shall be given one�`�*med copy of the No::az►d of this Security Instn�r�t. �: A��x�:�s�`�s�!� "
<br /> .; . �.,.:.a�,.�?r: '
<br /> � Form 3028 !
<br /> � ��RINEI�sz,nc� va9.so+� ir�w�s• � • � ; . .,;`._•,�i
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