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<br /> 97-�(D06�� � . � �=�
<br /> paymen9s may ao longer be required,at the opuon oi Lender.if mortgagc insurance covcrage(in the amount and for the period � . . '; � •
<br /> that Lender requires)provided by an insurer approved by Lender again becomes availab2e and is obtained.Borrower shall pay the i ,
<br /> pnemiums requi�ed to maintain mortgage insurance in effect,or to provide a loss resr.rve, until the requirement for mortBaS� i , ,.
<br /> ��ce����r����any writr�n agreemenc between Borrower and Lender or appiicablc law. .
<br />. 9.In�ec4�an. I.endex or its agent may make reasonable eniries upon and inspections of the Property. Leader shall give � - - , -- - `-_-
<br /> - Borrower notice at the time of or prinr ro an inspection spe�ifYing reasonabls cause for the inspecaon. • _
<br /> 10.Condemnatlfln. 'Ihe proceeds of any award or ctaim for damages. dBect or cor�equeatia�. in connectioa vrith as►y ,. _�
<br /> condemnation or othei tatdng of any part of the Property,or for convayance in lieu of coademnarion,are hereby assigned and . ,. . ,�,
<br /> �
<br /> shall be paid to Leader. � ' � ' . _ -
<br /> In the event of a a�tal taking of the Prapeaty,tt�e pmceEds shall be applied w the sums secured by this SecuritY Iusuumsnt, . :
<br /> whether or not th�due,tivith any excess paid to Bosrower.In the event of a partial taking of the Prope�ty in which the fair market i . ` .�.
<br /> value of the Property immediarEly before the taiong is equal tn or greatex than the amount of the sums secuned hy this Securiiy -. -.- =,-::.<;�:'
<br /> Instrument immediately before the talong, unless Borrower and Lender otherwise agree in wri�nng,the s�uns se�red by this � �' . -;; -
<br /> gepuit},Inst�ument shall be reduced by the amouat of the pmceeds multiplied by the following fraction:(a)tiie total amount of I . � �, ,.�.**'
<br /> '�' ibe sums secared immediately befare the taking,divided by(b)the fair marlcet value of the Property immediiately �heefare the � . . � �_ �_.
<br /> � taking.Any balance shall he paid tn Barrower.ln the event of a paitial taking of the Property in which the fair market value of the ` • •� ,'-,*.�'�l,.
<br /> pcopeaty immediaiety before the talring is less than the amount of the sums secared immediately befare the tatang, unless . : F:.._.y__-__
<br /> Boaowe,r and Lender otheawise aSree in writing or unless applisable taw otherwise prnvides,d►e ptoceeds sha11 Ue aPplied ta the
<br /> ` ► : ���_
<br /> sums se�red by this Secauity Insnumea�t whe�oz not tt�e snms are theu due. . � .:" .:;�,,�
<br /> �
<br /> If the Pcoperty is abandoned by Borrower,or if.after notice by Leadea ro Boaower that the oondemnor o�ers to make an :.,� ,
<br /> award or seale a claim for damaSes.Boirower fa�s to respond tn Lend�witlun 30 days after the dare the norioe is given,I.endea . , . .. ._..�°?.`
<br /> is au t h o r i z e d t o c o l t e c x an d a�s p l y t h e p r o c e e d s,a t i t s o p t i o n.e i t h e r w reswration or r e pair of the Progeaty or to the sums se�ured � :r :. �
<br /> by this Security Instrument,whethea or not then due. . : •;?'�",r���`
<br /> Unless Lender and Borrower otherwise agrae in writing,anY aPPlication of proceeds to principal shall not extend or posq�one � ;.� :: '�.'
<br /> the due date of the ffionihly paymcxits refer�ed w in patagapl�s 1 and 2 or change the amount of snch paymentc. -; .��'�,��,��_
<br /> 1L Borsawta Not ReleaSed;Forbearaa�e By Lender Not a Waiver. Facteasion of the time for payment or modi8cation ' _.� , �•�
<br /> of amorpzation c�:�e sums secured by this Seauity InstruQ►ent gtanted 1sy I.ender to any successor in intriest of Boaower shall � ' ''' .. `E:-., R •.
<br /> '� �i noi opecate ro release the liabitity of the origmal Bozrower or Botrowea's successors in intetesi Lendea shail not be requued to ��
<br /> ��,;� oe�:�nce pioceedin8s against anY su�s�or um int�erest or�fuse w extend mne for payffieat or ot6eawise modify�artization.Qf .L��_-+�
<br /> ;:..,: �.sAms secu:ed by this Se�urity Instrument by reason of any demand made by the original Boirower or Borrowea's succe.sa�s
<br /> :..;�:��`'q'e "•.:'4 ,'.
<br /> : ,;'��r ia�Any fmibeaiance by Lender in er.�.sing any right oz remedy shall not be a waiv�of ar pseclude the exercise of any _ . �'.;:�
<br /> -��;;f;l1 � _
<br /> :["d�, , .,. . .�.'r .
<br /> i1$ht OT L.JI1P7dy.
<br /> m of this ��-'"�` =r` � '�
<br /> ' �Z,Sascessass aad A�'LLs�t�uad;Jo�onnt and Sev�1&iability;Co-signess.'ihe covenants an� ag� , {j .,
<br /> _•�.; Security Instrument shall bigd mrd benefit We succe.ssozs and assigns of Lender and Bonuwa,snSject to ��,�.•ovisions of � ��,_
<br /> - - paragrapb 17. Bormwea's covenants and agreements s�a]1 be joint aitd several. Any Bomower who co-signs thiv SecuritY ---�:;�s�. ��<
<br /> Instrument but does not execute ihe Note: (a)is co-sigun8 this Sec�uitY Instrume�►t only to mortgage.grant and convey tbat �. �.�*'`
<br /> Sorrower's inteaest in the Aoperty under eh$t�ms of this Sec�uity Insorumen�(b)is not peasanally obligatsd to pay the sums ���: :F�.!--_.
<br /> `� secured by this Securiry Insunmen�and(c)a8rees that Lendea and any other Borrower may agree to exteud,modify.forbear or
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<br /> make any accommndauons with regard w the terms of this Security lnswmeut or the Note without that Boaower's consent � r_,r�:— _
<br /> . . 13.Loan Charges. If the 1nan secaueA by this Secauity Instrumeat is subject to a law wtuch sets maaimum loan charges� �•,,. --�
<br /> and that!aw is fnally interpneted so that the��eaest or othes loan ch�ges coliected or to be coll�i�connection with the loan . •
<br /> � exceed the per�3 Wnitv.then:(a)any such 9oan charge shall be redaced by the amount necessz�3 a reduce the charge w�e � � �� �r.,
<br /> '^be re��',:�w Borrowet. ��+`'�.-:
<br /> permitted limi�a�3(b)anY sums a�eadY collacted from Eacmwet wivc��xceeded petmiued limits w:�., --�,'_=� . .-
<br /> . Lender may choose to make this refund by reducing ehe�insipal owed under the Note or by making a dY.-�t payment to �• .; . .. �,:._..-., °
<br /> . � Ba�wea. If a ref�nd rednces principal,the reduction w�be treated as a partial�ayment without anY PreDayment charga .':;�_ T :�r' �:
<br /> ;�.�..�—�:.-�
<br /> under the N��. ;Y=� -
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<br /> 14.Noti�. �,ny aotice tn Borrower Qrovided for in this Secwily Inst�ument shall be given b��:l"svering it or by mailing is "��'i.�.
<br /> by fust class mail unless applicable law requires ose of another method.71ie noace s'�all be direC',�1 am the Property Address ca ':';:_-;.^,_�� ''- ,
<br /> . a�y other address Bonrower��ignates by noflce to Lendar.My norice to Lender s�a:l be givan Dy f�rst ciass rs�a:w Lender's .`.''�',_.� '��.�',. -
<br /> igna
<br /> edd�ress staled heaein os any;.�address Lendea designates by notice to Borrower. �ny nofice Frovided f�� t,his Security .
<br /> �„ . : ,:,:;,:
<br /> Instrument shall be dcemed to have been given w Borrower or Lender whEn given as pravided in t;.s�ra�aph. ..: .. e ��
<br /> �, !S.Goveming Law;Seversbiliity. 'I�s 5ecUrity Instrument shall be govemed by fed�^�➢ taw and the law of the �'•s""*'�'`'�='
<br /> 9
<br />. jurisdicdon in which the Pcoperiy is loca'�.In We event that any provision or ct�se of this Seceaity Insuw�ent or the Not� � � � �;:-;;� �
<br /> ' �icis wlth applicabte law.sr.ch conflict shall not affe�t other provisions of this S.,saariry Insuument or the N.x.e which can be . , .
<br /> . �- pti�effect without the conf'ict�ng provision.To this end the provisions of this Seauiry Instmment and the No�w�z declared w � •
<br /> be severable. �
<br /> •�C • �
<br /> '•�')" Form 3028 9f9fl • �
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