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<br /> ' payencnt�muy no lonscr be rcquUcd,at thc option of Lender,if mortgagc insura►ace covcrmge(in�hc amount und for thc period :�
<br /> ; ihat Lcndcr requires)provided by an Insurcr appraved by I.cndcr again becomcs av�ilablc and is obtaincd.Borrowcr shall pay the
<br /> � prcmlums rcquircd to msiintain mortgagc inawnnca in cffcct, or to provlde a loss rescrvc, until thc rcqniremcnt for mortgogc
<br /> � insaranee ends in accordanee wlth onY W��uen egccement between Boreower and Lender or appUcable law. �
<br /> ; 9.SnsR.z3ton. I.�ndcr or its a�ent mey makc rcasonssble entries upon nnd inspecdons of the Praperty.Lendcr shall givc _
<br /> ; Borrower noUce at the tima of or prior W an inspecdon spocifying reasonable cause for the inspocdon,
<br /> 10.Condemnotbn. 'Rie proceeds of uny nward or cleim for dama�es,d'uect or consequendal. in connec�on with any � _
<br /> � condemnation or other tnking of any pazt of tho Prc�p�rtY,or for conveyenee in lieu of condemnadon, ace tiereby assigned and � __
<br /> i sh�ll be paid ta L.cnder. .-
<br /> I In the event of a total taking of the Property�the proceeds shall be applied to iha sums secured by this Security Instrument, Y
<br /> whethcr or not then due,with any exces.g paid to Bonower.In the event of a partial takln8 of Ihe Property in which Ihe fair merket ,.,
<br /> ! value of the Property 1rr►mediately before the taking Is equal to or greater than the aznount of the sums secured by IhLg Seciuity , �,
<br /> Inswment immediately befoie the teking, unless Bocrower and Lender otherwise agree in wi'1tL►B. tt►e sums secured by this �;;t.;
<br /> �� Security Instrument shall be reduced by the amount of the proc.eeds multiplied by�he following fracdon:(a)the tntal am�unt of --'--
<br /> the sums secured imn►ediatelY before the taking,dlvided by (b)ihe fair niarket value of the Property imn►ediatelY before the
<br /> taWng,pny balance shaU be paid to Borrower.In the cvent of a partiaal talcinng of the PropertY in v�►hich ttte fair market value of the __ -
<br /> I ar 1 ta
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<br /> iProperty irnmcdiately before the taking is less than the amouat of Ihe siuns securcd immediatcly before the tafcii►B. unless
<br /> Borrowet and Lender othenvise agree in writing or untcss applicable law othenvise provides,the y�roceeds shall be applied W the . �- _ _
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<br /> sums secured by this Security Instrument whether or not the sums are then due.
<br /> � IF the Property is abandoned by Bonower,or if,after notice by Lender to Borrower that the condemnor offers to make an �'
<br /> �., award or settle a claim for damages.Borrower fails to respand to Lcnder within 30 days after the dete the nodce is given,Lcnder .
<br /> is suthorized W collect and apply the proceeds.at its option,cither to rescoration or repair of the Property or to the sums secumd w
<br /> •� by this Securiry Instrument,whethe�or not then due. ���on of raceGls co principal shall not axtend or postpone �==�
<br /> Unless Le,�det and Borrower otherwise ogree i�►writing,aaY aPP P ,'-�==
<br /> � the due date of the monthly payments refened to�n pa�a8�xphs 1 and 2 or change the amount of such payments. _�'�r �r
<br /> � � lY.Borrower l�iot Re{eased;Forbearance By Lender Not A W�ver. Extension of tl�e time for payment or m�caaon =�
<br /> � + of amortization of the swns secumd by this Securicy Instrument granted by I.ender to any successor in interest of Borrower ahali r4�� �;
<br /> ?� to release tha liabillty of the odginal Bocrower or Bacrower's successors in ineeresi.Lender ahall not be requimd w ;.
<br /> not operate
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<br /> T , �m��p�nBs���t��y��r���,..,,,,L���l,�m�:rrnd ame far payment or otherwisc modify amoniza.tion o • .
<br /> ` � the swns secured by this Security Insuument by reason of any demaz►d made by the orlginat Borrower or Bormwer's successors
<br /> � , in interest Any forbearance by Lender in exe�is�ng any rlBht or remedy shall not be a waiver of or preclude the eaercise of any _
<br /> � ' right or remedy. � �
<br /> 12.Suceessors and Assigns Bound;Joint And Several LiabWty;Casigners.The covenants and agrcements of this
<br /> Securlty Insuumen2 shall bind and benefit the successors and assigns of Lender and Bo�rower,subject to the provisions of d .:,
<br /> paregraph 17. Borrower's covenants end agceements shall be joint end several. Any Borrower w�o casigns this Security , .+ ;:
<br /> I n s t r u m a►t b u t does not eaecute the Note: (a) is co-stgnin8 thLs Securlt�' Ins��t only to mortgage,granc and convey that
<br /> - Bo�mwer's interest in the Prope�ty under the te�ms of this Security Instrument; (b)is nat perso n e lly o b l ig a u d t o g a y t h e s u m s
<br /> . . secured by this Security Tnsm�ment;and(c)agcees that Lender and any other Bonower may agree to extend,modifY.forbear or =-
<br /> mnice any accommodadons with regard to the tr,�ms of this Security Instzuument or the Note without lhat Borrower's consent ���;.-
<br />- ,` °. �� 13.Loan Chargea If the loan secnred by this Secuary Instrument is subject to a law which seta rteaximum loan charges, �:;
<br /> _ ��.
<br /> .,� , .�., and tha:law is finally interpreted so that the interest or other loan chtuges collected or to be colle�ctad in connection with tha loan t.,
<br />— ex�d�he p�miued limits.thea:(a)any such loan charge shall be reduced by the amount necessary to ceduce t1►e chacge w the �.•
<br />;: . pemiitted limir and(b)any sums already collected from Boirowex which exceeded pennitted linuts will be refunded w Borrowu.
<br /> Lender may choose to make thfs refund by reducing the principal owed under the Note or by analdng a direct payment w _-�
<br /> ' ;�,' Borrower. If a rcfund reduces principal, the redocaon will be treatcd as a pardal PrepaYment withaut anY Prep�►Yme,�t charge - -- - - -
<br />-- .; undu ihe Note. --`°` -
<br /> 14.Notioes. Any►wtice to Boaower provided for u�this Sacurity Insuument shall be given by delivering bt or by mailing it
<br /> , _�,• ;;:�, � by first class mail unless sippllcable I�w requires use of another method.The notice st�all be dicocted to the PropertS'Addnss oc = __ _
<br /> - �, any othu addra�s Borrower designutes by notice w Lender.Any notice tn Lender shall be given by first class mail to Lender's _--- ------ ___
<br /> .� address stated ha+cin a any ottter address Lender desig�nates by notice tn Borrower./Any noflce provided for in thjs Securiry =_—--
<br />�J� � Insuume�►t shalt be decmaf a have been g�ven to Bortnwer or Lender when given a�providrd in this paragraph. --�^--
<br /> 1S.Goverming Lae►Severability. 'Ihis Security Instcument shall be govemed by federal Iaw and the law of thc .'������__
<br /> `a�� jurtsdicuon in which the Pcopeaty is loceted. Li the event thai any provision or clause of this Security Instniment or she Note • -` -ih.R-,,�..`..
<br /> " ' �'. conflicts with applicable law,such conflict shall not affect ather provisions of this Security Insuumenc or the I�ote which can be �°`.=--�..
<br /> " '�� given effect without the conflic6n�pmvision.To this end the provisions of�his Sccurity Instrument and the Note arc declared to ��°.�;:.,':;�N';.
<br /> ' ' be soverable. ' "
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<br /> ' Form 302!0/00
<br /> . � �-8R(N�roz�x)-oi a.p.4oie inmai.:- - --� "
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