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<br />� .. ` � PaYments may no langer be required.ai the option of L.�der,if anortgaSe insuraace covaage('m the amanni aad for the petiod :,:-� ��. �`�. .. '
<br /> � ` tltat Leadea r�uiies)piovided by an insvrer appmved by I.�der a�sin becames ava�7abte and is obtained.Bomnwer shali pay the� ,
<br /> � ' premiums iequired no mainffiin ma�tgage instuance m effect.or W pmvide a loss reserve,unW tlte requireinent for maatgageQp , ' :
<br /> • � ins�uance ends in accardance wityh any w�ttea agreement betweeu Bormwer and Leade�r or applicabie law. .,�
<br /> - � . 9.Inspect�n Leadar aa iis ageut may make reasonable enuies upon and inspecaons af the Property.LEades s6all give� ,
<br />- ` � � Boaowea norice at the titt►e of ar prinr to an inspection specifying masonabte cxuse for the mspecsion. ' �; . .. -�-�:.'
<br /> ` - :.`:; = 10.Condemnatton. 1he pracecds of any award or claim for dama8es.d'uect or conseqaential, in connection with any� _ .
<br /> . ,.`
<br /> ..._._:---;--_= condemnation or otf►er taking of any part of the Property,or for conveyance in 1'sw of condemnarion,aie hereby assigned and� ,., ,.;
<br /> � shall be paid w i..endea. - __. - -
<br /> • � � In the event of a total tat�g of the Pragerty,the pmceeds shatt be a�plied ro the snms se�ued by Uvs Sea�rity►Instirument,� . . �
<br /> � : i whether or not thea due,wi�any euces�paid to Bonower.In the eveat of a partial taking of the Property im which the fafr market - ,.�F, ���. '".
<br /> . � � i value of the Property immediatelY bef�e the tal�ing u eqnal w ar g�eater d�an the amom►t of the sums secared by this Security `�.,,��: .
<br /> - �.t< x -�-
<br /> - ` � � Insdnimeat immediately before the�aldng, anless Boirnwer and Ix,ndet otheswise agree in writing,the sums sec�ued by this •� ,
<br /> .� �..� . -
<br /> �. .;. � Security InsOrame,nt sb,all be reduc�by the amount of the pnoc�eds multiplied by the foUowing fiaction:(a)the wtal amaunt of . �-..:.:�, .
<br /> , ,-': 1 the sums secured bmnediately before the taking,divided bY(b)t6e faff m�lcet valne of the Pmpe�cy immediately before the -
<br /> � � �ang,pny batance shall be paid m Bormwer.In the event of a pa�tial taka►g of the Propetty in whic6 the fanr markei valne of the
<br /> . Propaty immediately before the taking is tess than the amoum of the sums secared immediately 6efore the talang, �mless ` >�'--�`"`
<br /> ''•� Borrower and Lender otherwise agree m wripng or unless applicable law otheiwise.provides.the proceeds shatl be agptied to the << .
<br /> .
<br /> > snms seca�refl by this S$auity tnsuvmeat w6ethex or not the sums�e then due.
<br /> . " If the Propeaty is ahaudoned by Botrowea,or if,aftea nodce by Lend�in Barrowea that the candemnor offeas to make an
<br />=;i. �`,'4 award or seule a claim far damages.Boaower fa�s m respond w Leaded arithin 30 days after the dat�e the notire is given,Leudea :. ,':;''
<br /> ' is authorized to collect and apply ths pmceeds,ai its option,either w restoratiion or repair of the Avperty or w the sams secure<i
<br /> . ' :;`�` By thPs Secarity Instrament,whether ar not the,n due. -.
<br /> � Unless Lea�ctar and Bomnwer otherwise agree in writing,any application af pmceeds ro prnicipal shall uot extend or postpone --
<br /> ` '��` the due date of the montWy paymenLs refeared to in paragraphs l and 2 or change the amount of such payments. . __
<br /> `� , il.Bosrower Noi Released;For6earance By Leuder Not a Waiver. F.�cteasion of the ame for payment or modification '�'`�;.�.
<br /> of awofizadon of the swns secvred by this Security Instrumeni gtanted by I.euder to any snccessor m intexest of Boimwer s1mD ,'���
<br />"'�� � � not opeaate m release tfie liab�ity of the original Boaower ar Boimwer's successors in inteaest Lendcr sha11 not 6e required to ''_.��,�
<br /> ,�_ � �' commence proceediags agaiast any successor in interest or refuse w eatend ame for paymeni or oihe�+ise modify amonization of . � �;; �__
<br /> . :•:s'?9y�'r�_
<br /> the sums sec�ued by t6is Sec�uiiy Instrument by reason of any deanaud made by the original Bormwer or Borrower's saccessors � •;t��--r
<br /> � . in intaest.My forbeazance by Lender in ex�c.tising any right or mmedy shall not be a waiver of ar prectude the eaer�ise of any ;'�.- �;�!.;i�
<br /> : _ right or remedy. �• ,�'`- _
<br /> ' � 1Z.Successors and Assigos Bound;Joint and Several Liab�ity;Castgners. The covenanis and agreements of this '.. •�:`. .�:�%•
<br /> � Security Instrument sY�all bind and benefit the successors and assigas of Lender and Borrower.subjea to the pmvisions of • '---
<br /> '_�: _
<br /> _ ... . paragrapb 17. Honowea's covenants and agreements sha11 6e joint and sev�al. My Borrower who co-signs this Sewrity , ��._'�
<br /> � Inswmenl but does not eaecute the Not� (a) is co-signn�g this Seauity Instnunent onty w mortgage,gtant and convey that � __
<br />-` - � , � . - - Boirower's interest in We Pmrpecty aader the tr.m�s of this Seauity Luorumeni;(b)is not peasonally obligated to pay th+e sums . �-�.
<br /> � secuned by this SecUrity Inst�umen�and(c)agrees that Lendea and any other Bo:rower may agree tn eatend,modify,forbear or .. ��` •r:`=`
<br /> � • make any accommodations with regazd to We tenns of this Security Instmment or the Notc without ihat Bomnwer's consent • � ' "�±
<br /> ��
<br /> � ' 13.Loao Charges. If the loan secured by this Security Ina�uument is subject to a law which set�maximum Ioan charges, :��=-
<br /> �.� . . � and t6at law is fmally inte�prc;ted so that the interest or other loan charges wllecxed os w be colIected in cannecuon with the loan . . •�_
<br />_ • � . � exceed the peamittcd limits.then:(a)any such loan charge shall be reduced by the amonnt necessary w reduce the charge w the =_
<br /> permiued limix and(b)anY sums already collected from Borrower which excetded peamitted limits wiU be refanded to Borroaer. _ . ':" ,;�
<br /> � '��� Lender may choose to make this refm►d by reducing the principal owed under the Note or by making a direct payment to , •� -
<br />':•'r�;.. ' , . f Borrower. If a refimd redures principal.the mdflcaion will 6e ueated as a P�P�Yment without anY PTe�a3+ment eharge * ::. ' '•
<br />°�.•, � '� under the Note. • . . , .
<br /> 14.Nottces. My nodce to Borrowea provided for in this Securiry Instrument shall be given by delivedir►g it or by mailing it
<br /> � by first class mail unless applicable taw regnires use of another method.'ITie nodce shaU be direcxed to the Property Address or ' •• •
<br /> . . `� any other address Bo:rowe,r designaus by notice w Lcnder.Any notice to Lender shall be given by i'ust class mail to Lender's : .
<br /> .• � address statcd herein or any other addres4 I.ender designates by notice to Banower. My notice provided for in this Security ;
<br /> � • � Instrumcnt shaU ba dcemed ta have been given to Borrower or L.ender when given as provided in this paragraph. � ,
<br /> � : • 15.Goveroing Law;Severa6ility. 'I4�is Se�urity Instnunent shall be govemed by federal law �d the law of the y..- � �` • �. '
<br /> jurisdic6on in which the Fropeity is tocated.In the event that any provision or clause of this Securiry Insuument or the Note � ' �- .
<br /> �*i. conflicts with applicable law.such conllict shall not affect other provisions of this Security Instrument or the Note which can be ,� �.. ` , '
<br /> "� ' . � ' I given effect without the wnflicting provision.To this end the provisions of this Security Instrument and the Note are declared to � �
<br /> � be severabte.
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<br /> � Form 3028 9190 �
<br /> � �•8R(NE)(s2�2�.0� aapo a ai e ioitiais: �
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