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<br /> pnymcnts muy nc�longcr bc rcq�rcQn i�„urcrP�ppro cd by l.cndcr ugut��hecomcs uvuilublc und tit��btuinedt"Bo rowcr shallrpay
<br /> thut l.cndcr rcquires)providc y
<br /> the premiums required u� maiivain mortguge insurunce in effect, or to prov�de u luss re�erve,until the requirement for mortgage
<br /> insurunce ends in accordance with nny wriuen ngreemcnt between Borrower und L�:nder ur upplicuble law.
<br /> 9. Ins(x�atiuu. I.encler ur itti agent m,ry mnke rrnsonable entries upon und inspections of the Propeny. l.ender shull give
<br /> .,-,�:�; Borrowcr noticc ut tl+�c timc;of c�r prior tu un inspcction specifying rcasc�nublc cuusc for thc inspcccian.
<br /> •• 10. Condemnatlote. The proceeds of any uwnrd or daim for dumuges, direct ar consequentiul. in connectian with any
<br /> � �.; condemnutian or othcr taking of uny Qart of thc Propcny,or for convcyuncc in licu of conJcmnntion, arc hcrcby ussignul und
<br /> ���
<br /> shall be puid to l.ender. ,
<br />�� In thc event of a total tuking of thc Property,thc pracceds shull be npplied to thc sums sccurcd by this Security Instrument,
<br /> whether or not thcn Jue. wich any excess paid to Borrower. In the evcnt of a partial taking of the Property in which the fair
<br /> , murkct value of the Property immediately before the tess IIorrower und Lendctotherwise ag ecun[w ititngythe1sums secured by
<br /> ' Securiry Instrument immediately before tha tukmg,unl
<br /> - this Security Instrurnent shall be reduced by the amount af the proceeds multiplied by the followin� frttction: (a) the total
<br /> amount of thc sums secured immediately before thc ��►�5�i'd ee e ent(of ta part al taking of thc Propertypn whuh he fa i �.
<br /> be fore t he t a k i n g. A n y b a l a n c e s h a l l b e p a i d t o B o r r ��_
<br /> � � � murket value of the Property immediutely before the taking is less than the nmount of t he sums secur e d i m m e d i a t e l y b e f o r c t h e �
<br /> � taking, unless Borrower and Irendcr othenvise ngrrx in�vriting or unless applicable law o[herwise provides, the proceeds shaU �;
<br /> , ..'� be applied to the sucns secured by this Security Instrument whether or not the sums are then due. __
<br /> � If the Propeny is abandonecl by Barrower, or if, ufter notice by L.ender to Bonower that the condemnor offers to make an �_
<br />-°°-�•�'�� � award or seule a claim for damages, Borrower fails to respond ta I.�nder within 30 days after the date the notice is given, �
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<br /> •�: Lender is authorized to collcct and apply che proceeds,ut its optian,either to restoration or repair of the Property or to the sums =
<br /> ,ra,'.:..'�• secured by this Securiry Instrument, whether or not then due. ��catian of roceeds to principal shall not extend or -
<br /> ' •'''' '` Unless Lender and Borrower otherwise agree in writing, uny app P
<br /> '�`�"'� postpone the due date of the monthly puyments refened to in paragraphs 1 and 2 or chunge the amount of such payments. �
<br />;-���;nF. 11.Borrower No4 Released; Forbearance By Lender Not u Weiver. Extension of the time for payment or madification
<br />- -'�•��j' of amortization af the sums secured by this Security Instrument granted by L.ender to eny successor in interest of Borrower shall
<br />'�':ti:�;:.,�z not operate to release the liabiliry of the original Borrower or Horrower's successors in interest. Lender shall not be required to
<br /> - . ��-
<br />---i'�.+i�;:r: commenec proceeclings Agamst any succ:e��rn�u�nt�res=ar rcfa:.�e��YrP��I time fnr payment ar otherwise modify amortiuinon
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<br /> ::��� ° of the sums secured by this Security Instrument by reason of any demand mttde by tlic original Honower or Borrowers
<br /> ������.
<br />:. ....s-:.�1 successors in interest. Any forbearance by Lender in exercising uny right or remedy shall not be a waiver of or pieclude the
<br /> "'�����' exetcise of any right or remedy.
<br /> _,,,;._,,.-y.�,�y 12. Successors and Asslgns Bound; Joint and Several Llability; Co-signers. The covenants and agreements of this
<br /> --- --_ Security Instrument shall bind and benefit the successors and assigns of I.ender and Borrower, subject to the provisions of
<br /> — paragraph 17. Borrower's covenants and agreements shall be joint end several. Any Borrower whu cor-angandhcon ey th t
<br /> --- Instrument but does not execute the Note: (a) is co-signing this Security Instrument only to mortgage,g
<br /> ':'r�;,,:�. �orrower's interest in the Property under the terms of this Secw ity Instrument(b)is not personally obligated to pay the sums
<br /> =�^`^'� secured by this Security Instrument;and(c)agrees that Lender und any other Bonower may agree to extend,modify,forbear or
<br /> �,n.__ make any accommodations with regard to the terms uf this Security Instcument or the Note without that Borrower's consent.
<br /> 13.Loan Churges.If the loan secured by this Security Instrument is subject to a law which sets maximum loan charges,
<br /> and thut law is finally interpreted so thut the interest or othcr loan charges collected or to be collected in connection �vith the
<br /> � � loan exceed the permitted limits, then:(a) any such loan charge sh�ll be reduced by the nmount necessary to reduce the charge
<br /> _ - to the permitced limit; nnd (b)any sums alrcady collected from Borrower which exceeded permitted limits will be refunded to
<br /> Bonower. Lender may choose to make this refund by reducing the prinr,ipal owed under the Note or by makins a direct
<br /> _�-- payment to Borro�ver. If a refund reduces principal, the reduction witl be treated as a partial prepayment without uny
<br /> � prepayment char�e under the Note. —
<br /> 14.Notices.Any notice to Bonower provided for in tliis Security Instrument shall be givcn by delivering it or by mtiiling
<br /> it by first clnss mail unless applicable law requires use of another method.The notice shall be directed to the Property Address
<br /> __ _w_ or any other uddress Bonrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to
<br /> -----_= Lender's address stated herein or any othcr address Lender designates by notice to Borrower. Any notice provided fot in this
<br /> Security Instntment shall be deemed to have been$iven to Sonower or Lender when given as provided in this paragraph,
<br /> °,�,� 1S.Governing Law; Severnbillty. This 5ecurity Instrument shall be governed by fecleral Inw and the law of the •
<br /> — _ = jurisdiction in which the PropeRy is located. In the event that any provision or clause of this Security Tnstrument or the Note `•
<br /> ,_ --4.,� conflicts with applicable law,such contlict shall ttot affect other provisions of this Security instrument or the Note which can be
<br /> ---'��,��� given effect without the conflicting provision.To this end the provisions of this Security Instrument und the Note are declared
<br /> -;__�,�'`�, to be severable.
<br /> ---:��' 16.Borrower's Copy.Bonower shall be given one conformed copy of the Note a��d of this Security Instrument.
<br /> _ '� a� Form 3026 9198
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