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<br /> paymentx mxy nu lcmger he requirrd, iit II1C�1�fll0ll U�LCII(�CI,It CIlllItbBbC IIISLL[7111CC L'l)VC�SIbC(111 IIIC 14111UUlit A�ItI t(Ii lI1C(IL•(lU(J ( F
<br /> thae l.ender reyuires) provided i�y xn in►urcr appre�vrd by Ixnder again brcomes:�vailahlc and is ubuiinrd. Ac�rn�wrr sl�all pay ` �
<br /> , the premiums r�quired to tnainexln murtgage ii�.tiurarue in effrct, 11f IO pi0V1(IC'st IOtiS[Ctir({+C, untit tt�e requiremrnt tiu uiortgage ,
<br /> ; IRSII[3iI1CC CIILIti IR FiCI'()�(IilI1CG WIIII Nlly WfII1C11'dbICC01Cp[hCfWCCp BOfiOWCT i1i1(I L.CII(IC�l)i il(f�Ill':InIC I.iW. (� '
<br /> � 9, Ir�spection. Lxnder or its agrnt may make re�.tionable entries upon xnd in.tipectioati of the Prc�prrty, l.ender sl�xll giv�0
<br /> Borrower notice at rhe time af or prior to an i».tipectiun specifying reascn�able caaee for the inspecticra. �
<br /> 10. Condemnation. The proceeds of:u�y uward or claim fnr damabrs, direct or consrqurntial, in eenu�rctic�n witli aUy'+� � -
<br /> I canJemnatiai i�r uther txking uf any part c�f the Prnperty,ar far ccurveyance in lieu of condemiuttian, ure herehy ussigned un� ,
<br /> 1 shall be paid ta Lender. , _
<br /> In the event of a tc�tal takin�nf the Properry, the prcxerds shall be applied m the sums secured by tl�is Security[iutrument~ • .; =�
<br /> whether ar not then due, with ttny excess paid ta Butrawer. !n the event c�f a pnrtiul tuking of the Proprrty in which the fair�
<br /> •�::�._,;�;._-
<br /> market value of the Property inunediately before the tuking is eyual to ar greacer thun the xmount af die sums :.ecured by this�
<br /> Security Instrument immediately before the taking. unless Bonower and l.ei�der atherwise agree in writing, dte sums seaumd by
<br /> this Security Instrument shull he reduced by die :unount af the proceeds muldplied by the following fraction: (a) die totttl '�"=- -----
<br /> amount of the sums secured imniediat�ly before the wking, divided hy(b) the fuir mazket value of thr Prop�rty inunediately
<br /> before thr taking. Any balance shall be paid to Barrower. In the event of a parti�l taking of the Propeny in which the fair
<br /> market value�f the Property inunediately before the taking is less thun the wnaunt of the sums secured immediately hefore the . __
<br /> txldng, unless Bonawer and Lender otherwise ugree in wriang or unless applic:able law otherwise provides, the proceeds shall
<br /> be applied to t�e sums secured by this Securiry Instrument whether or not the swus are dien due. -
<br /> If die Property is abxndaned by Bonower,or if,after notice by Ixnder to Bunower chat die conden�nor offers to make xn
<br /> award or setde a cluim fnr damuges, Bonower fails to respond to Lxnder witbin 30 Jays aRer the clate the nodce is g[ven,
<br /> I.ender is authorized to collect and apply the proceecL+,at its option,either to resroration ar repair of the Property ar to the sums
<br /> 1� securecl by this Security Instrument,whether ar not then due. --
<br /> Unless Lxnder and Bonawer otherwise agree in writing, any applicauon of proceecls to principal shall not extend or
<br /> � ost oue the due date of the monclil a enG�referred to in dCd�Cd hti 1 ai�d 2 or chan�e the amount af such a ents. ; "�"
<br /> P P Y P Ym P' b P � ' b p'YI►1 ' .
<br /> 11.Borrower Not Released;Forbearance By Lertder Not a Waiver.Bxteasion of the tirae far payment or raodificadon �� ��?�r:
<br /> of amortization of the sums secured by this Security liutrument granted by Lender to any successor in interest of Bonower s}utll "'�
<br /> '_ not operate to release the liability of the origicuil Boaower or 9onower's successorx in inrerest. Lender sh�ll not be required to �:�_;__;, �.`•"y
<br /> . commenr.e proceedings against any successor in interest ar refi�se to extend time fur payment or otherwIse modify amortizadon `'�
<br /> of the sun�s secured by tUis Secwity I�utrument by reason of any demand made by the origin:tl Borrower or Borrower's :` ,�i, ��`�'
<br /> successors in interest. M forbearance b Lender in exercisin• an ri�ht ar remed tihxll not be a waiver of or reclude the � ��
<br /> Y Y b ' Y b Y� P .�t:�• �'
<br /> exercise of any right or remedy. ':,° ' 4 '�
<br /> 12. Successors and Assigns Bound; Joint and Several Liabiltty; Co-signers. The covenants and agreements of this •
<br /> Security Instnunent sh�ll bind and benefit the successors�u�d :usigns uf L,ender and Borrower, aubject w the provisions of
<br /> . paragraph 17. Bonower's caventtnts and agreements shall be joint :►nd several. Any Bonower who co-signs this Security ���°
<br /> � Instnuneut but does not execute the Note: (a) is ca•signing this Securiry Ii�strument anly to mortgage, gr�utt xnd convey that ��r�:�
<br /> • Bonower's interest In the Property under the tenns uf this Security Instnunent;@) is not persanally obligated to pay the sums
<br /> � secured by this Security[nstrument;and(c)agrees tfiat Lender and any other Borrower raay agree to extettd,modify.forbear or ,.��
<br /> � mxlce any acwmmodadons widi regazd ro d�e ternis af this Security I��strument or the Note without diat Bonower's conseut. �.,�;-,;_.
<br /> 13. Loan Charges.If d�e loan secured by this Security lnstnuneut is subject to a law which setx mtucunwn loun charges, -�`�
<br /> +� and that law is finFally inteiprered so that the intereu or othe�loan churges collected or to be collected in wnnection with the .�" ,.
<br /> :r.-.rg,-=—
<br /> loan exceed the permitted limits, then: (a) any such loan charbe sl�all be reduced by the amount necessary to reduce the charge ::,;�>
<br /> � to the pemutted linut; and(b)any sun�s already collected from Borcower wliich exceeded pem�itted limits will be refunded to ^'�'_
<br /> � Bonower. Lettder may choose to make this refund by ieJucing the �rincipal owed under tlie Note or by n�aking a dIrect :�-��---�'°
<br /> ..:�.n�a.v�=.__
<br /> payment to 8orrower. If a refund reduces principnl, die reducqon will he treated su a partial prepayment without any ti
<br /> � prepaymeut charge under the Ncne. - � =.�,
<br /> 14.Nottces.Any notice ro Borcower proviJed for in this Security Instrument sball be given by delivering it or by m�ilinb -'L,,.'=`�
<br /> it by first class mail unless applicable law reyuires usr e�f another method. The �Wtice stiall be directed to tlie Property Address N"�. ` ��.
<br /> I " },,}•,�*�',<;
<br /> or any other address Borrower desigi�ates hy notice to Ixnder. Any notice tu Lencler shall be given by first cluss mail ta „ ,
<br /> � Le2�der's xddress stared herein or�ny other address I.ender desig�utes by notice to Borrower. Any notice provided for in this ' '
<br /> , Security Instrument sliall bc deemed to have been givcii to Borrower or Ixnder when given as provided iu diis paragraph. ,-
<br /> I5. Governing Law; Severability. Tliis Security [iutrument shall he guverned by federal law xnd the law of the
<br /> , jurisdiction in which die Property ix locxted. [n die ev�nt that any provision or clause of diis Seeurity Instrument or the Note "
<br /> ' conflicts with applicable law, sudi co�itlict sl�all nc�t affect other provisions of tt�is Security Instrument or die Note which can be
<br /> given effect without tl�e cont]icting provision. To this tnd tlie�rovisio�u of this Securiry I�utrument and tlie Noce xre declared i
<br /> to he severable. I
<br /> 16. Borrower's Copy. Borrowrr sh�U Ne given nne conti�nned copy of tl�e N��te and of this Security Iiutrument.
<br /> Form 3028 9190
<br /> ' ��6RINE)�as�2i.oi P+g�4 of 8 —1
<br /> inrtmU:
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