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<br /> 97.. �A299� , �
<br /> puymcn�s may no langcr bc required,at thc optlan ot l.�nAcr.if raangngc insurnnsc coverage(in thc nmount and for thc perioA _
<br /> thut I..cndu rcquirxs)providcd by aa insurcr upprovet!hy l.cndcr agan bccom�avail�ble and is obtaincd. Durroe�va sLall pay the
<br /> � � premiurns rcqulred to mulntain martgaga insuranco in oiicct.or ta pravide a losa reserve, unttl the rcquircment for mortgage _
<br /> � insurnncoerede in accordnnco wl�h any wrlttcn ng�ccmcnt bctwcen Borrowcr und l.cnder ar applicable law.
<br /> � g,in�pectbn. Lendcr or iu ttgcrtt muy mako rcaRnnablo cnVks upon and i�sp°.ctions of che Propeaty.Lcnder shall give �
<br /> � � � Borrowcrnodca at thc�timo af ar prlar tn�i Ins��cs;Uon epcclfying rcas�nablo sausc for ch�insp•..caon. ' '. �
<br /> .,:::.
<br /> .,�, 10. Condemnatbn. Tho procaeds of any nwiud nr clatm f�r dan�es.direct or consequendal,in wnnecuon with any .
<br /> condcrnnzlon or athcr taking of any pnrt af tho Pra�►crty,ar for�onvoyancc in lieu af condemnudon,aro hereby assigned and
<br /> shall be p�id W L.cnder. ~' .';`:'':°:
<br /> .,.;��;��::
<br /> In thc evcnt of a total taking of tha Praperty,tho pmce.�cls ehaQ bc opplicd to the sums sccured by this Sacunry Instrument, :, '-_,:::,._
<br /> whciher or not thcn dua,with any axccss p�fd to Aorrower.In tho avcnt of a partial teking of the Property in which�he[air�narket .�:,�,rl�;;:ia�"
<br /> � ; value of�he Propecty immcdiatcly beforc tho taking ls cqual to or grcntcr t han t ho emoun t o f t he s u ms scxured b y this Secud ty -';�:�:�:
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<br /> Instcumr�t immcdiatcly bcforc�he iaking, unlcss Uorrowcr and l.cndcr othcnvisc agrcc in wriang,the sums securcd by this ,f:V,,�..,..,..
<br /> Security Instnument shall bc rcducccl by tlio amaunt of tha prcicecda mulUplicct by tho follo�ving fraction: (a)►he aial amounc of ; ' _.�.;}rf,, L
<br /> rhP c��ms sec:urcd immedlatelv b�fora thc tekinp,dividcd by (b) tho f�ir markct valuo of the Prope.riy immediately before the ��:,:,,�L..;±�,,.^;_
<br /> . --�-- tekitig My balancs shaU 6o puid to Borrowcr.In tho avcnt af a pardel taking ai tho Propury�n wnicn mc i�w�„�,hc���t����u�� :`���--,;
<br /> . P,oy�r¢y i�mcdistcly �;.fare thc taking is less than Ihe smount af !!io e��me �sccurcd im:nediately befom the iaking� unless : ;,�.-;;:;:.ti_�='.
<br /> �, Borrower and Lender otherwiso agrca in wdting or unlaas uppllcablo law othcrwlso provides,the proceeds shaU he applied to the �1 .•F�".���:�
<br /> suYns secured by this Sccurity Inswment whethcr or not th�sums ara thcn duc. �� °�4s�;��;�'
<br /> •. . If d�a Property is abandonod by Borrowcr,or if,ufter naqca by l..cndcr w Bonowo�thut thc condemnor dtfers to make an , ::�'.•:.:,:;�
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<br /> � award orseulo a claim for damages,Borrower faila to respond w Lcnder wtthin 30 days after thc date the nodce isgiven,Lcnder �;�.;;��r;��,;
<br /> is authorized to collect and apply thc procecOs,ut i4g opdon,ellhcr lo raswration or repaiir of ihe Pcoperry or to the sums secured `�� '`'�I�' :
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<br /> by thls Sxurity Instrument,whe�her or not thcn duo. . �:�=���_
<br /> ' ,� Unless Lender and Borrower ntherwfse agreo in wdting,any applk:adon af prc�cecds to principal shall not extend or postpone ��_y��__
<br /> , .:,�,�-.
<br /> . ,��� the due dat�e of the monthly paymcnts rcferrcd to in pacagrapha 1 and 2 or chango tho emount af such puymencs. ���
<br /> -� Il.Borrower Not Rekastdt ForbearAnce By Leader Not�W�i�ver. Batension of tho tune for payment or modification r-.___
<br /> of amonization of tha sums secured by this Soc�uiry Instrument granted by Londer W any successor in int�errst of Barrower shall ���
<br /> ,�. ��—��..
<br /> -_-- - ����,",�,� �p�����y �f�,hn��ginal H�Trnwrr�r Rnnowcr's eucte�ore in intcro.5�L.endet shell notbe required to ��.���_.-
<br /> � ..�_:�-_--
<br /> •. �j M commer�o�mcecdinge against any successor in interost or rafuso to extand dmo f�r p�ymant ar otherwise modif'y er��on of =,--
<br /> . the sum�secured by thls Security Inswment by reason of any demAnd mado by tho orlginal Borrower or Boaawer's successors ��
<br /> '-'"• � in intere;�. Any forbesranca by Lendcr in excrclsing eny dght or rcmcdy�h�ll not bo a waivei of or prxludc the exe,rcise of any =_
<br /> .,. , � �" rlghtosrtmedy. _ —
<br />-.. ° " IZ.Successors pnd Asstgn�Bound;Jolat wnd Severpl L4bllity� Co•nlRnere. 71�o cuvenants an d agreements of thi4 _
<br />- t Secur[ty Inswment ehall bind end bcnc�t tho successors end assigna af Lcndca and Dorrowcr, subJect w tlie provisions of ____
<br />= paxagraph 17. Bortower's covenants end agramcnt� sheil ba jalnt wnd ne,weral. Any Borrowcr who co-sigv this Security
<br /> Inst�uum�t but does not eaecuto tho Nota: (n) is co•signing ihls 3xudt�r Inswnecnt only w mcxtgago, grent end convey tbaz
<br /> �� Borrowa's i�terest in the Property undcr thc tcrms of thls Sceurity lastn�ment;(b)i�not petAOnally obligeled to pay the snms _
<br /> , . secu�ed by thls Sectuity Inswment;and(c)agrees tt►at I..cnder ond any olhcr Borrowcr mAy aBroo to extsnd,rnodify,foibear or ��..-
<br />��i •• " , malce any acrommodadons with regard w tho terms of this Sccurfty Instrumcnt or tho Noto wfthout that Borrower'sconsen�. - `
<br />-_::,*,m y,� � 13.Loan Char`a. If tho loan securod by this Socudty Instrument ie eubJoct ta�I�w which seta maalmaun loan charges,
<br /> �� .,;:,:,:, r, and ths�t law is finally lntecpreted so that the interest or other loan charge�colixtod or to bo callocted in connoction with the loa�
<br /> -' � ::� eaceed�he permitud Wnits,thcn: (a)any auch loan ct�argu shall ba roduceA by tho unou�nt nocessary to redu:e the chazaa to t�e _
<br />���' �• ``� '! pern�itud limit:a��d(b)any sums aln,ady coAectod from Borrowcr which oxceodod pemtiuod Ilmita will be nfenc'��1 to Bonowa.
<br /> ___ I,endes may chooso to mako this refund by reduc�ng tho pdnciptl owod under tho Nate or by making a direct payment ta �,_
<br /> --' • ' Horrowa. If a refund reduces princlpal, thc rcduction wlli bo trcdted ar e paNal pecpayment without any prcpayment charge - -
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<br />—°�� ��•�-- �d 14.Not�ias. An nodcc w Borrower rovlded for in this Sccuri lnswmcnt shall bo glvcn by dcllvering itor by mailing it m`�
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<br /> �� �""`� ' by Cust class mail uNess applica b 2a l aw requires usc o f ano t hu m a h o d.T ho notico shall bo diro�tcd w tho Pnoperty Address or °---
<br /> >r t� any otl�u address Horrower designates by nodca to Lcnder. Any nodco t�I.cndcr sha116o glvcn by Crst clASS mail to Lender's "�°-;
<br /> • �• addass a�ted herein or any other eddross Lcndu designatas by nodca to 8orrowcr. Any natice provldcd for In rhis Seciuity �;�_;__ _
<br /> „ '� Insmunrnt shall be dcemed to have been givcn w Borrowcr or Lcndc�whcn givcn a�providcQ fn thls paragreph. �=�.-�:��
<br /> �, • 15.Covernjag Lpwi Severtbility. This Socnairy Instrument shall bo govcmcd by fcdaul la�v and U�o law of thc ---
<br /> . , ; jurisdic�on in which the Property ls locatcd. In the cvcnt that u�y pmvlslon or r,laugo of thla Secudiy lnswrnent oc the Not� ._;�_-�:—_
<br /> r conflicv with appllcable law,such conflict shnU not affect othcr provislons of thi9 Sxurity Insuumen►or tho Nolo which can be :- --
<br /> i �r`�_.�_
<br /> .. give� eftoct without the conflicring provIsion.To this end thu provisions of this Security Inguument and lho Note o�e declared to :-��cr�����
<br /> be seveaable. +� ��?'�:�,��
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<br /> � ' . Form30�9 �/90 •r.+,y..;.:;cY= -_
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