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<br /> . . . ` • `{ payme�ts may no longer be req�ired.at Ehe option af Le�der.ii mort8age inarmnrr p�vetage(in the atuount and fot the p�iod . ��' . .
<br /> Le
<br /> + thai Lend��ecluires)Pro��d 63►aa ins�uer appmve�by Leader agazn beaomes ava�lable and is obmmed.Boaawer sbaU paY the ^ :
<br /> a
<br /> . in effe�t.or m a loss reserve.unt�7 die requiremem for martgage� < :��:
<br /> ' ,s pze�aauIIlS ieqUired to maitttain mOttgAge i�uaIICe F� � . <.:
<br /> , licable law. , ^`
<br /> . .. 1 insivance ends in aocardaace with any wriuea ageement Ueetwee,a Borroarei and Lender or aPP ��Y•t�cadei sbaii gn+e . ` . .`.
<br /> and inspactions of the �
<br /> � ._s� 9.I n s pedton. Leaded or its agent may make reasanable enuies upon ..,� ;s ,
<br /> < _ ._;.F- earoA Specifying rea�o n a b le c a u s e f o r t h e m s p e a i o n.
<br /> I-,- � . -,� Boaower aotice at the time of or priar�an msp - . -:
<br /> 1 0.C o n d e muatton. TAe pmceeds of any sward or c]aim for dainages.dire�ct ar cansequeut►al,in conuecflon with any �9
<br /> `; ' of the Piopesry,ar fur conve y a n c e i n li e u o f o o n d e�n n a t i o n,a r e h e a e b y acsi 8 n e d and��
<br /> ` � candr.mnation or other taking of aay part
<br /> shall 6c paia w Le�der. secured b t1�Seca�rity Insnnment,�
<br /> . : ,;4 ,._.` .. ,
<br /> . • t Ia the eveat of a mtal talung of the PropcnY,the prnoeeds shall be applied w the sums Y m wtrich the fair markct _.
<br /> ;a .: •.
<br /> - � +' whether or not theu due,with a�►Y excess Paid m Bmmwer.tn the event of a panial�king of the P�ope�tY� .
<br /> _ ;.� immediately befote the tal�g is equal to or greaLer than the amrnmt of the sums secured bp th�s SecaritY
<br /> .� - vaIue of the PmpertY� in cvriting,the sums seatted bY d�s . .. ..
<br /> `� ` � ! before the taYing,tudess Boaower and L,endes othecwise ag��g�n. �a�the mtal amoant of . . �
<br /> - ,, . . � �' Instnrmea►t iuua �����the amo�t of the pra�eeda m�Iti�� . `. ..
<br /> . ,:� Secoa�it�r Ins�i�a unm befare the . �"�
<br /> immediatelY before the C�ng,divided bY N)the f�a�arkei value af the PmpPacY � �9
<br /> the S�1ID5 Sec�tCd � w.-
<br /> � s d a i l b e t o B m mwer.In the eveat of a pa:tial ta�ng of the Propeaty►in which the fas market vaWe of the . ;��•,
<br /> t a l a n8.A a y b a l an c e P� U �
<br /> `� �s tess Wan ihe amouat of the sams s�uned ia�m e d i a t e lY b e f o r e t h e t a l�n g, �� ' , ..
<br /> pmpeaty imm e d i a t e lY b e f o r e t h e t a k�n g ' �,�,,°°,�° , - '-�
<br /> • IIl�Vritf11$OI I�C S S�P�1C�f1C 13VV O1hPd�VISC ptOVI��S.f��++�S h 2 I 1 b C 2pp 1 i C(�Y D d 1 8
<br /> BOTlOW�SJl$I.CTid?d Otll��� "�''
<br /> � ' �
<br /> � sums secuced by this Secutiqr Instrument whethet ar not the svr�ace t h e�due. • •. ,::�.�
<br /> - , � � If ihe ProPertY is aband°ned bY Bmmwer,or if,aftcr nofi�e by Lee�der to Borrower that the condemna�offeas to make an _ ` �'.J'�=:
<br /> , . , award or settle a claim for damages,Boaowec fa�7s to re�ond w Leadrd within 30 days after�e��ar to the sums se�aued . . . °-
<br /> � • .+ is authorized m collect and appiy the praceeds,at its opdon,ei�r w reswsation or reDaff ----- +��-
<br /> . �
<br /> � � or not then du�. - '�-=
<br /> _;t , by this Seranrit7r Insuument,w�et� ]ication of tn pmicipal s6aI1 not extend or postpone `:��::-
<br /> -. in writing,anY sAP p�'� +�-
<br /> ' � Uales4 Lcatdea and Borrower otheiwise aSr� ��, '� , r�;�
<br /> "` the due date of the moathlY PaYments re,f'earred w in pazag�aphs 1 aad 2 or change the amo�mt of such PaYm � , .�•��`�:=-
<br /> < <. , `;r�?,���_
<br /> .'� `� 1L Borrower Not Reieas�i Forbearance By i.euder P1ot a Wa[ver. E�cte�ion of the timme for payment or mo�ificarion �_: r�.;�,,
<br /> w .
<br /> ` . � . of amarti�on of dte sums s�ured by t�SeauitY 1ns�ment grant,ed by Lender w anY sucoess°r in�t of Bormw�shall .. . .l.i«�
<br /> ?:' � to telease the liab�iry of t6e original Bomnaer os Boaower's saccessors in intea+est.Lender st�all noi be requined to " .:.�_�.�a
<br />,.,r aot opesatc
<br />- wmm�ce pmcecd�P,s a8ains�anY saccessor in mt�est or refi�e w estemd tane for payment or othe�wise modifY aa►osw�b°a of '. ,� .:. x�;-:�,
<br /> Instmrnent by reason of any demand made by the original Bmmwea or Bmmw�'s successors :,;?�_
<br /> ,� • • the sums secus�by tius Security . `� t`.—=
<br /> ',., m interest,Any fori�eatance.by Lender in e�rcisin8�Y�t�r��y�not be a waiver of or pceelude the exea�ise of any
<br /> . �.
<br /> � right or Yemedy. �•Y.'-;
<br /> , � • � . Bo��i Soint aae9�veral Liability;Co�sigae� 'Ihe covenants and agceem�ts of thig "'';��X;�
<br />, 12.Snao�sofs and Asgtgns •si
<br /> � . . ''' SecnritY Instcument shall bind and 6enefit the suocessors and assigns of La►der and Borrowex,snbje�t w the provL�ions of , ..;:��'
<br /> _. � ' , '. ::� p�graph 17. Bolrowea's caveuants and agreements s6aU be joint and several. Any Bmrowea wha co-si�d canv�that . . ^ :��
<br /> . . Insuument but does not eacecute the Not� (a)is co�S�g�Securiry Insaument only w mortgage,8ran _.;`�r_
<br /> .� ,��,`
<br /> Bo:mwer's mteaest in the Propertl►undtt the terms of this Se�tY�s�umeax(b)is not peasonally obligated to pay die sums . -._
<br />. , � � secared by this Secauity Insuument;and(c)agrees ttsat Leader and any othea Borrowea m�y agree to extend,modifY,forbear or .
<br /> ;�'�„'T�._
<br /> •�s . ._� makc any accomm a d a d a n s w i t h r egard to the teams of this SeauitY Instnuaent or the Note without d�at Boirowea's cunsent • . ' • '_—
<br /> :�='y. °-•--r --° --- I3.Laan Chasges. If thc loan secured by this Security Instrument is subject w a 1aw which sets ma�wnum loan charSes. - _. . ---
<br /> . and that law is fina11Y mte�preted so that the inteaest or other ioan charges coIIectod or w be wIIected in connection with the toan `°-s�
<br /> excePA the pennitted limits,itnen:(a)anY sucb loan charge shall be reduced by the amonnt ne�essary to reduce the charge w the , �,
<br />,.,�I� . p�niucd ti�and(t�)anY sums already collected from Bamuw�r which e�cceeded pea�niVed limits wHl be refanded w Boimwer . . ,
<br /> _�"`•` �• Lend� may choose to make this refand by redncing the princiPal owed under the Note or by ma2cis�g a direct paymeut w •. .,�
<br /> '��;. r e�t without anY P�P��t charge , . ,� , .
<br /> Boimwer. If a refund reduces princiDal.the reduction wiU be treaced as a panial P epaS+m
<br /> .. � •. '.'•� unda the:Vote. : �,
<br /> 14.Nottces. My nolice to Boaower provided for in this Security L�.cuument shall be given by delivering it or by���ss or
<br /> , � ' by first class mail unless aP'Plicable law mquires use of another method'Ihe notice shall be direded to the Property
<br /> , � any other address Borrowcr designates by notice to Lender.Any notice to Lendea s6a11 be given by fust ctass ma�w Lender's
<br /> b notice tn Boaowed. Any notice provided for in this Securiry ,
<br /> � address stated herein or any other address Lacder designates y .
<br /> Instrament shaU be deemed to have been given to Borrower or Lender when given as provided in this para�raPh. , -
<br /> v.••'� ' � . 15.Governing Law;SeverabilIty. This Security Insonunent shall be govemed by federal law and the law of the �l _ .`� ,
<br /> ' `' . � jurlsdiction in which Ihe p r a p e r t y+is tocaud.jn the cvent that any provision or clause of this Security InsWment os ihe Note -
<br /> ;'r," —
<br /> • conflicts with applicable law.sucl�conflict shall not aficct other provisions of this 5ecurity Instrument or the Note ahich can be __
<br /> .':�: ' . • • given effect without the canflicting provision.To this end the provisions of this Security Instrumer►t and the Note are declared to `
<br /> .. � ' be severable.
<br /> Form 8028 9180
<br /> .;
<br /> � Pa�94ot8 Initlala: . . _
<br /> . ' �•8R(NE)1sz�2�.o� �
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