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<br /> payments may no longcr be required,at the optian of L.ender,if martgage insurance covcragc(in thc amounc an for the penod • , ;�r
<br /> thai Leader requires?provided by an insurer approved by Lendes agssin bccom�availabie s�nd is obtained.Banowcr shaU pay th,� �
<br /> . P��s requu� tn maimm�n mongage �surance in effect, or to provid�a lass rescrve.until the requiremcnt for mort,ga,ge •
<br /> ���e ends in accordance arith any wcitten agreement between Hoproaer and LenQcr or applisable law. , -_
<br /> Si.Ins�ect�on. Leadea or its ageat may make reasonable e�►tries upon and inspecdons af the Property.Lender shall give
<br /> Brnmwer notice az ihe time of or prior to an inspecaon specifying reasonable cause for ihe inspecaon.
<br /> , 10.Condemnatton. 'Il�e proceeds of any award or ci�im for damages, direct ar cunsequential, in connect�n with any .
<br /> ' condemna�on or other taking of any part of the Property.�r for conveyance in lieu of condemnatinn,are hemby assigned and
<br /> shall be paid to Lender. � .
<br /> In the event of a total taking of the Pcnperty,the proceeds shn11 be apPlied to the sums secured by this Security Instnunent, , .
<br /> whether or not then due,with any excess paid to Borrower.In the event of a partial taking of the Pro�erty in whicd the fair macket . , ... .
<br /> �alue of the Property immediately before the talang is e4ua1 to or greater than the amoant of the sums secured by ihis Security , : . ,
<br /> Insuuiment immediately before the taking, imless Borrower and Lend�otherwise agrce in writinng, the sums s�cared by this • .
<br /> � gecuriry Inst�►ent shall be reduced by the amount of We proceEds multiplied by the following fraaron:(a)the tntal amount of ; � .
<br /> the svms ..�icamediately before the e�►g. divided by N)the fair market value of the Property 6mmediarEly before the i ; .• ,. ,
<br /> ta�g,Any��ce shall be paid ro Boirower.In the event of a partiial taking of the Property in wQuch the fair market value of the :_��`=
<br /> � p��y i+rm�tia ely befote the ta1�; is less thau the amount of the sums secured 'unmediately before the fairing, unless . ,
<br /> B�oa��i Lander otheivvise agceE in a+�i�ng or unless appficable law otherwise provides.the proceeds shall be applied w dte ; • . :
<br /> �: s�s s�e�l�b}�is Seramty Inslivment ar���or not the sams are then due. i � • , ' , -
<br /> a
<br /> � �s�e Pao�r�rty is abandoned by Borrower,or if,aftea notice by Leader tn Boirowu that the candemnor offers w make an i . _-
<br /> � � a��a3 ar seuis a claan for damages.Brnrowa fa�7s to respnnd w Lender a+ithin 30 days after the date the notice is given,Lender , �
<br /> •� . .. ',,�`. .� , ..
<br /> is�orized to wIIect and apply the proceeds,at its og�,either w restflration or repair of the Propercy or w the sums secured � . . .: �_.
<br /> "} by��is Secauity Insmuaent,whether or not[hen due. � ; • '��`'_
<br /> .��. Unless I.ea�,r and Bonower oihervvise�ee in writing,anY aPPlicaLion of proceeds to princ.ipal sha11 not ea�tend or posq�one , .a,,. _
<br /> :.:�,:r�� -
<br /> .. the due date of�n monthlY PaYments referu3d�o in paragraphs 1 and 2 or cdanBe the amount of such payments. : - r� '•�." /� ...
<br /> �� 11.Borrower Noi Retea.seii;Farbeac�uce Sy Leuaier Woi a Waiver. Extea�sion of the wne for payment or modificatinn .. .,�.`: , t.°.���
<br /> •, •..:,_ , �:�?��
<br /> o f amo r t i�a t i o n o f i h e s u m s s e c u r a d b y t h i s S e c a r i ty I n s t n e m e n t g r a n t e d b y L e n d r d w a n y s u c c e s s o r i n i n t e x e s t of Bosrowa shalt .;;'.: �; ;'.�� "
<br /> , , ,.s;,:;�'.�:
<br /> � not operaie w release the liability of the original Soccower ar Barmwer s successors in inteaest Lender shall aot be required w ,:�,���,.a..,,:. .�� : : � --
<br /> commeace against any suocessor in mterest or refuse to extend time for ent or othera�ise modify amorti�ation af ���'�,�� -.���Y. . . ;. .
<br /> F�BS Pa3� ` ., �i,�, ,
<br /> ,i the s�ns s��f by this Seasity Instrument by reason af any demand made by the original Bonower or Botrower's saccessors � �� � ' ''
<br /> An foTbearance b Lender in ex�isin any cight or remedy sha11 not be a waivea of or preclude the ea�ise of any . � �`��+`•"•��:� .
<br /> z-.� m m t P a e s t. y Y 8 , , '
<br /> . G,�.t or remedy. �� *` ?i
<br /> '-;t�' -� I ;
<br /> �� 1�.SncceSSOrs and Assigns Bound;Joint and 5everal Liab�ity;Co-sigaers.'I7ie coveaants and agreec�ents of this �:;:�,;',.4� .. , . _�.��#
<br /> Se�nrity Instiument shall bind and i�enefit the successors and assigns of Len�er an d Borrower, su bj e c t t o d se provisi o n s of � , " "��
<br /> _,, },
<br /> ' pa:agraph 1T. �orrower's covenanfs and agreements shall be jaint and sevetal. Any Boaowex who casigns d�iis Security .._ _ ' 'w a:�. �
<br /> s �.
<br /> • Ins�ument �:x�1oes not ea�ecute the Note: (a)is co-signit►g this Sec�uity Instrument only w mortgage.grant and convey that .., ,�,; �'�"
<br /> under the terrns of this Seauity Instrument;(b)is not perso a a lly o b li g a t e d to pay t he�ums : Y �;;�,�.,.�r��-
<br /> Bmmwea's mtecest ue the Pt��aty ;�,;:.��.,,><,"�s�-N
<br /> secuned by tbis Security�enx and(a)agrees tl�aat Lender and any other Borcower may agcee to extEnd,ma .forbear or :-�;;�d;:��;<;,:,;. .:�. �,=:
<br /> t �Y S:;i!:,l,�;itii,: *,::J°:`
<br /> �i,�.��..•:, �i'r�! -=—
<br /> ' ' make any accc�m o d a a i ons wi t h regar d to t he tarns o f t h f s S e c�ui ty I n s t n u n e n t o r t h e N o t e w i t h o n t t 1�a i B o r r o w e r's c o n s e n t ,t,.,'r��,
<br /> 13.Lomrn Q`ll�argea If the loan socure+d by tltis Security Instrwnent is subject to a law which sets ma�cimum laan charges, .,�_i��'g�';�
<br /> .. ...,.� .,.
<br />� and that law is fmaUy interpre2ed so that the intetest or other loan charges colle�ted or to be collected in connection with the loan � `� �-.:�`=
<br /> �•;..::;_,�,�.
<br /> eaceed We permived limits,thea�:(a)any such loan cbargo sha11 be reduced by the amount necessary w reduce the charge to the ' Q,��;��
<br /> �xmnitted limi�and(b)anY sums atready collected from Horrower which exceeded pea�nitied limits will be refunded to Borrower. ;1;,;:;�:. ; - �_�::. _
<br /> II.r.nder may choose to mahe this refund by teducing the primcipal owed und�the Note or by making a dffect payment tn •��itj" --- __
<br /> • Borrowe,r. If a refund reduces principal,the�ducaon will be treated as a paroial prepayment a+ithout any prepayment charge � � . ''-"`•"''�
<br /> • undertheNotc. �:�.., •��R�•`---
<br /> � 14.Notkes. Any notice to Bonower pmvided for in this Security Inswment shall be given by delivering it or by mailing it � . � �
<br /> by first class mail unless applicable law requires use of another method.'Itie notice shall be directed w the Property Address or �=
<br /> Y.. . .
<br /> any other address Bonower�designates by notice to Len der.My nodce to L e n der s h a ll b e given by f u s t c t a c s m a i l t o L e n d e r's �., � � . .;� _
<br /> addresg sta�!ihasin or aay other addtess Lendea designates by notice w Borrower. My nodce provided for in this Security � " ' • . —.
<br /> Instnvuent s�:1 be d`.emed w have beu►given tn Borrower or Lender�vhen given as provided in thic paragraph. � . _ ' _
<br /> 15.G�ve�tng L�w;Severab�7ity. This Security Inswment shall be gav�ned by fedeaal law and the law of t�he • ,
<br /> juiisdiction m whicb ihe Pmperty is locaned.U the event that any provision or clause of this Sec�uity Inswc�aynt or t he Notc , ; ��' , .
<br /> eonflicts wih�plicabie law.such contltet shaU not affoct oWex provisions of this Secnrity Instrument or the No7e ahich can be �;�'.:: . . . , ' �.
<br /> given effeca a�;�.~out the conflicdng provision.To this end the provisions of this Security Instrument and the Note are dectared to .
<br /> be severab:e. . ;``:•`"�'
<br /> Form 3 9/9� .�.� —
<br /> � �•BR(�1�192t21.oi Pap�tol! innlale: —
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