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<br /> , paymcros may nn Ionger be rcqunrrcd.ac�hc uption uf l.cnder,if mortgugc 'rnsuruncc covcrugc(in the amourn und or t�e peno
<br /> '`�! that Lcnder rc�ui�es)provided��Y un insure�npur nce in cffect�orr t�uProvide n loss rescrvc,�unt I theur quirc�inQem far nortgpge -'=
<br /> Qie prcmiums rc�uirc�i ro mniFiraim�niortti g .
<br /> ;;��"'�•. insurance entils in uccordancc wir.rR,any written agreement betwec.n Borrc►wei��uid 1.An�1cr or applicable la� y �Y1`__y
<br /> -- � 9, Insg�eetinn• Lender or ir,w agent may mukc rcasonablc entries upon and inspecciuns of the Pro rt . L.ender shall give . +�_
<br /> #�� Borrawcr nniice ut thc timc of or. prinr to an inspcction specifying reusonable cause for the inspc:ction. �l
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<br /> ' I0. Candeennntion. The pr�+r.eeds of any award or claim for damages, dircct or consequential, in connecticm wu i nny —
<br />_ cundemnatiun or other taking of. •rf,y part of the Property.or for conveyance in lieu of condemnation,arc hereby assigned and _-
<br /> ,;� shall b;,pai�i to l.ender. s shall be a lied to the sums secured by this Securiry lnstrumcnt, ; •�,?8
<br /> „ ,;f� In the�cvent of a total taki.r..��'the I'ropeny,the pr�ceed PP =___
<br /> �' whether or nat then due. with ar..y excess paid to Borrower. In the event of a partial takia8 of the Property in which the fair �- ,-
<br /> . � ; ms r k e t v a h►c o f t h c Pi'u p crt9e1'�'�f�re th et kin�t1unie.s.s Borrower an d�L e n dert o t h e r w i s e a g e e�i nt writin�S hessums se�cured bly �`,-�
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<br /> Sccurity Iiistrumem immcd y� [ ---_-
<br /> .,c�__.__._� this Security Instninzent shail t�� n;duced by the amount of the proceeds multiplied by ihe following fraction: (u) the to `
<br /> �±- _�
<br /> , amount af the sumAn��dit e���111'�yp�J to HorrUWer'In�th�e ent(of a part al takingvaf the Prop ttryp nnWhmh t�he f i _ _
<br /> � . before tho t��king• Y —
<br />-, �' •,,.;,'t` market v:due of the Pr�CertY im�j���ntely before iee in writing or n l e s happlicable law otherw'►se provides��e pracbeeci shall —
<br /> taking. unless Bc�rro�ver aMd Lcrr.�..r athenvise ag
<br /> - •r be applie�l co thc sums securcd i�g�iiiis Security Instrument whether or not thc sums are then due. �__Y-_
<br /> ���•,;+,�'�,. -
<br /> _ If the Propeny is abandorr.ci by �lotmwer, or if,afier notice by L.ender to Bonower that the condemnor otters to m e an -
<br /> s'� _:.,x a�v:ud�r seule a claim for d3r.a:s.ges. B t'ewr�ceeclt tat its opt on, e her to restorariondor re�air of the Propeny or ro���.ums =._
<br /> • Lender as autliorized to collect snd app y P
<br />�l ,,�'� " sccured Uy thiF Sccuriry Instnr.m_^-cnt,whether or not then due. —
<br /> UnlE:ss l,ender and Horro�vwr othenvisc agree in writing, any application of procceds to priucipal shall not extend or
<br /> •1`�,'f` "�t.� rnents.
<br />��•;,r ;,; '� postpone the due date of the►nonlhly paymen�s reFerred to in paragraphs 1 and 2 or change the amount of such pay
<br /> -,-;::t�`���. 1:1,gorrower Nat Rel�aseal;Forbearance By Lender Not u V1'aEver.Exrension of the time for payment or modificution
<br /> ==r;����.;;a::r, o{�cuti�ation uf tiic�����>;�L���Y!hi�Securitp]nstrument granted by Lender to any successor in interest of Bonower shall
<br />--"``:^��'�'' not op�sate to rele.�tse thr. liability of'the ariginal Borrower or Borrower's successors m in�erest.Ixudoi ,+alt aat �':e�"-ir`'��n
<br />-�''r;;;�",;�^°?� commt.ncc proceedinrs a�ainst�»y s�.�ccessvr in interest or refuse to extend time for payment or otherwise madify amortization
<br /> "__N!a.�t,
<br />—.-_:��;st'� of tht� sum� secured by this Sec:urit�• In�rument by reason F any demand made b hall�not'be a'wa er af oriprec de the _
<br />_—=;�_:.,,:�;•:.;
<br /> i;.,�.� � success�ra in interest. Any forbearance b Lender in exercisin any right or remedy
<br /> --- ---- exerc's��af any riBht or remedy.
<br /> "-�r.::—�� �2, guooessorF und Assigns Bound; Joint and Severn� LiablRty; Co-signers. The covenants and ngreements of �s
<br /> --y'�'� Security Insttument shall biad nnd benefit the successors and assigns of Lender and Borrower, subject to the provisions of
<br /> __�_��'7;f�� a� � f� ��, gorrovrer's covEnants nnd agrecments shull be joint and several. Any Borrower who co-�siR�a�n e yu ht t
<br /> ,.�.-.,-,_,�0 p S Q
<br /> Instrurnent but does not execute the Note: (a) is co•signing this Security Instrument only to mortgage.g
<br /> --- � Borro�»r's interest in the Prope:rty undcr thc terms of this Security Instrument;(b)is not personally obligated to pay the sums
<br /> —� secured b��thiE Secarity ins�ru�(Ct�ad�Th��CCrmstof th�'�.�5 5ecunty In trumem orTthe Note wi hout tli t Bor owerd's consent�.r or
<br /> _---- make any avcflmm�xiations s
<br /> '_�� l3.Lapn Charges.If tho loan secured by this Security Instrument is subject to a luw which sets maximum loan c arges.
<br /> -�""m"'���� and that lu�v is finally interprc:ed so that the interest or other loan charges collected or to be collecteci in cannection with the
<br /> �= loan excecd tliu pernutted limits,then: (a)any such loan charge shall be reduced by the nmou�t���ts v ill�be funded so
<br /> ".'�� to the permitted limit and(b)a7y sums already collected from Bonower which exceeded pe
<br /> Borrawer. Lender mny choose to make this refund by reducing the principal oweci under the Note or by making n direct
<br /> �s --- payment to Burrower. If a refund reduces principal, the reduction will be treated us a partial prepayment withouc any
<br /> - prepayment charge under the Note.
<br /> -�— -- lA.Nutices. Any notice to Borrower provided for in this Securiry Instrument shall be given by delivering it or by mailing
<br /> --� _e.�= it by first class mail unless applicable luw requirotice t f Lenderr Any o t ce to�tI.endera,shalldbe gtiv�en�by fprst�ass mda Icto
<br /> �,�;� or any othcr address Borroa�er designates by n
<br /> _�,;:Z�� I,ender's address stated hercin or�ny othcr address Lendcr designates by notice to Borrower. Any notice provided for in this
<br /> 'Y�°�?���`ir Saurity lnstrumcnt shuU be dccmec�to havc Ucen given to Bonower or Lender when given as provided in this paragcaph.
<br /> '_',`•F;`��'�'�•• iS.Govcrning Law; Sevcrs��llity. This Sccurity Inst�rument shall be governed by fe�crnl law and the law ofthc
<br /> . `��•_`�•`������ jurisdiction in which the Propeny is located. In the event that any provision or dause of this Security Instmment or thc Note r-
<br /> �:`.,.�t'%���'f� ' —
<br /> t,>..,�,._„ conflicts�vith applicable law, sach conflict shal!not affect other provisions of this Security Instrument or the Note which cun e
<br /> ,._x,.;t,;�,�u. —
<br /> , .�.� �iven effect without the cunflictin�provision. Ta this end the provisions of this Security Instrument and the Note are declared `y
<br /> --=":x�,;;�:,�'�.:'� tob:srverablc.
<br /> - '��t,';,, ; i6.IIorrower's Copy.Bonow�er shall be given one conformed copy of the Note and of this Securiry InstruFormt302s 9/90 _
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