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<br /> ► •re uireJ ut the o don of Lender, if mortgabe insurance coverxge(in d�e amount xnd for the periad '" =t•
<br /> I • paymenGi mxy no lonber lx y , p
<br /> dtat l.ender reyuires) provided by an ii�.surrr appraved by lxnd�r again hecome�availxhle �nd is e�btained. Bcirrower shall pay �.�
<br /> the premiutns reyuired to muinttdn tuortgage it�surunce in effect, UI IO pfOVl(IC R IOtiti IC1CriC,Ullll� (IlC[CI�UlTC111r11I tOI 1110CIbage , � -
<br /> insurnnce enas tn accarclxnce with�uiy wr�tten agreement between Bc�nower Fuxl Lender or applicable law.
<br /> , 9.Inspectton. Lender ar tGi agent may n�allce reasanxble entries upan xnd Iaypectians of the Property. Ixnder shall give � _—
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<br /> I Bonower nodce at the dme of or priar to an inspectian specifyjng reasonahle caatie for tJ�e Inspectian. 00
<br /> + 10. Condemnattox�.The praceeds of any awxrd or cl:am far clxmages, direct or consequential, in connectian widi any � .`"
<br /> I condenu�udon ar other taking of xny part of the Property, or far conveyance in lieu of cundemnadon. are hereby ussigned and � � `
<br /> ... � . ----
<br /> i slutll be paid to Ixnder. �^•' -
<br /> � In the event of a totxl talcing of the Praperty,the proceeds shall be applied to the:;ums secured by this Security Instrunient, �
<br /> • whether ur not then due, wtdi uny excess paid to Barrawer. In the event of n partial taking of the Praperty in wliich t�e fair �.i
<br /> msuket vulue of the Property imniediarely befare the wking is eyual w or greuter than the umaunt c�f the sums secured by this �
<br /> � Security Instruraent immediately before the taking, unless Borrawer und Lxnder atherwise agree in wriaab.the�s sec:ured by (� _
<br /> this Security Insmiment shall be reduced by th� urnount af the proceeds muldplied by the following fractian: (a) the total
<br /> amount af the soms secured inunediately hefore che taking, clivided Uy (b) the ftur market value of the Praperty irnmediately
<br /> before the taking. Any balance sba11 be pud to Borrawer. lu the event of a pxrti�l taking of the Propeny in w1ucL the fair
<br /> market value of the Prapeny immediately before the taking is leu than the amaunt of the sums secured Imraediately befare the �
<br /> � taking� unless Botrawer and Lender otherwise agree iu writing or unless applicable law otherwise provides, the proceeds shall
<br /> be applied to the sucns secured by this Security Instiument whether or not the swns are then due. _
<br /> � If the Property is abandoned by Bonower,or if,after notice by I.ender to Bonawer that the condemnor offers to make un ___
<br /> � award or setde a claim for clamages, Bonower fails to respond ta Lxnder �vithin 30 cluys after the date the nutice is given, �`�_
<br /> . Lender is authorizecl to cullect xnd apply the pracer.ds,at its optiou, either to restomuon or repair of the Property or ro the swus � �.-�-
<br /> sectued by this Security Instrument,whether or not then due. ��`�''��=_
<br /> �r,•-•�.��.�.-
<br /> Unless Leuder und Bonower otherwise agree in writing, any applicadon of praceecls to principal shxll uot extend or ' .�i;6�:A'�i
<br /> ` postpone the due date of the monthly paymeats refened to in paragraphs 1 and 2 or chunge the xmount of��uch payments. ,k�•"
<br /> !!.LQrrower Not Relenced:Forbearance By Lender Not a Waiver.ExteiLCion of the time for payment or modificaaon _ ��°-
<br /> of amortizxdon of the sunu secured by this Security Instrument granted by Lender to xny successor in iaterest oi Borrower sh�ii �,�:,
<br /> not operate to release the liability of the origin►1 Bonawer or Barrower's successors in interest. Lender shall not be requimd ta "'°"'�y,��
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<br /> c;onunence proceedings against uny successor in interest ar refuse to extend tune for payment or otherwise modify amortlzatiou t,,f.
<br /> of the sums secured by this Security Instrwnent by rr.uon of xny den�and made by the orlgicul Banower or Borrawer's ', �*'°�
<br /> .�,.;
<br /> successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the 'p ,��
<br /> �� exercise of any right or remedy. '� i=
<br /> 12. Successors and Asstgns Bound; Joint and Several Liabil[ty; Co-signers. Tlie coveaants and agreements of this ' �>
<br /> . Securiry Insuument shall biad and benefit the successors and assigns of I.ender and Bonower, subject to the provisions of �r
<br /> � ' puragraph 17. Borrower'x covenants und agreemenGS shall be joint and several. Any Barrower who zo-sigus this Securiry -i��
<br /> � Insaument but dces not execute the Note: (a) is co-sigiung this Security Iiutrument only to mortgage, grant and convey that �-.���:
<br /> Bonower's interest in the Property under the terms of this Secwity Iustrument; (b)is aot personully obligared to pay the sums _� __
<br /> secured by this Securiry Instnuuent;and(c)agrees that Leader and x�iy other Banower may agree to extend,moclify, forbeur or ...._.o.____
<br /> make any accommodadons wtth regard to the tem�s of this Security Instrument or the Note without that Borrower's cansent. _��'_—
<br /> 13. Loan Charges.If the loan secured by this Security Instrument is aubject to a law which sets maximum lo:w cl�arges, __ _
<br /> and that law is finully interpreted so that the inrerest or other loan charges collecred or to be collected ia connecdon with the _ __
<br /> n
<br /> loan exceed the pem�itted limits, then: (a)any such loan charge shall be reduced by the aiuount necessary to reduce the ch:uge ____.
<br /> +`, to the permitted limit; and (b)any sun�s already collected from Banower which exceeded permitted limits will be refunded to ---_ _ _ _
<br /> Bonower. Ixnder may cuoose to niuke this refund by reducing the principal owed under the Note or by niaking a direct __ __.
<br /> payment to Bonower. If a ref'und reduces principal, the reduction will be treated us a partial ptepayment without any �:`__
<br /> prepayment charge under the Nvte. ��. � � '"�
<br /> . 14.Notices.Any notice to Bonower proviJed for in this Security I�utrument stiall be givr.il by delivering it or by m�iling . .• * '.; ;.y�
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<br /> ' it by first class mail unless applicable law requires use of another cuethc�d. The notice sliull be directed to dte Property Address ,,� j,,,,��.,•• .
<br /> �• � �` �s•..
<br /> ° or any other address Borrower desi�inxtes by uotice to Ix�ider. Atiy notice to Lxnder shall be given by t3rst class m�il to ,#+.;w;s� ._ �
<br /> i `,-, lr{i:_.
<br /> ; I.endei s address stared herein or xny odier address Lender designate� by nutice to Bonower. Any �rotice provided for in this .
<br /> � Security Instrutuent shaU be deemed to have beeu giveu to Borrower or LenJer when given us provided in tllis paragraph. _. '��;:-. .
<br /> ; l5.Coverning Law; Severability. 1'l�is Security Instrument sltall be governed by federttl law and the law of the . , � ~~"'
<br /> � jurisdiction in wliicH the Property is locured. In the event diat any pcovision or clause af this Security Instrucuent or the Note (
<br /> confliets with applicable law,such conf]ict shall not affer[other provisions uf this Security Instrument or the Note which can be �
<br /> given effect widiout the canflicting provision. To this end the provisium of this Security Instrument and die Note are declared �
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<br /> to be severable. �
<br /> 16. Borrower's Copy.Be�nower shxll he given�me ccmti�mied copy of the Nute�nd of diis Securiry liLtitrumeut. �
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<br /> Form 302 9190 i
<br /> ��BRINE)�e�isi.oi rese a o�a w,u� ..
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