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<br /> , � , � . s _ � �`T��.�o°��o�� � ' ,
<br /> . of i.endu.if mnrtgage insutanc:e covcragc(in the amt►unt anfl for the peri�d �
<br /> . pay�nts may ao tonger bc cequired,at the option �m�availabic and is obrained B�rmRw sha11 WY�� � `
<br /> � �hat Lender reQuires)Ftovided by an insurer aPAroved by Lendet agaia� '-,
<br /> in effcct, or to pa�m�ida a loss nescrve.unal ihe reqwtcmcnt for mortga8e � ,
<br />, �� praneums reclaired to maintain mongaBe ��ent between Barrowsr and Latder or applicable law. �,
<br /> insutance ends in ascordanse witb aaY writt�n aS� Lcader st�all grve ; .
<br /> 9.[nspection Lender Qr its agent may makc reacomable enuies upnn and insPec6ons of the PropertS• `
<br /> Borrower noace at the time of or prior w an mspecaan sp�ifY�B�te cause far�he inspection. .
<br /> _ 10.Caademnatton. 'Rie proceeds of aay av�ard ar claim for damagcs.direct or conse9uentra1.�h�Y°��� ` '
<br /> - condannation or othes taking of any part oi the Frapaty.or fur cnnveyanse in tieu of candannauon. i :,
<br /> :� shall b�paid m l,ender. lied ro the s�uns secured by thia Sa�rity Inswm�►�. �. . �
<br /> iy In ths e�e�t of a tntal tak�g of the PtoPatY•the psooeetls shAll he aPP �g of tke Prope�tY in whicb the fair macket
<br /> .� � ; to�onurwer.In ihe avem af a partial . . ,.
<br /> whe�hea or not tl�m due.witb anY excess Faid � ual m ar grerater than the amount of ehe sums socu�ed bY this Securiay ! ;
<br />.,{�: before the taking al � :
<br /> ;_• � vaiue of the Prop�cy immediate►Y �Boaower and L.eadea athe�wise ag�e�n wriring.tb�swns sc�ured bY t6is { `
<br />;_}, �1 Insuumeni im�t►ediatcly before the �ng, mulCcplied 6y the foUowing fra�as►:(a)the wtal amount of � :
<br /> - � Sera�rity lnsuument shall be reduoed hy the amount of the P��e fair mffitcet value of the PropertY immadiatelY before the ,
<br /> tne sums���Y before the talring.divided hy (b) �g af the PraperiY m which the fa'v market value of We � ;
<br /> :� a un .
<br /> '-. taldmg.Any balance shall be paid to Borrow�.In the event of a partial tmmediatelY betotc the taksa8, unless � � '.`;
<br /> x, • •:
<br /> �° _ properiy immediatelY befoie the talong is less than the amaunt af the sums securedd the shall be applied to the :. � , ' -
<br />-�;, � B o i m w e r a a d L e�des oth�wite agre�i��Dg or unlest aFAUcable law ottterw�se p� es, P�� �,f.:: . ,
<br /> Le
<br /> •: ��..:
<br /> sums seeaued by this Security Insuumeut whethea or noi t he sums are t h rn d u c.
<br />``� • If tha�F:opaty is abaadoned by Bo�sowei,or i�after notice hy L�tder tn Hoaowet tha€the con&.•mnnt oSets to malce an `�;-.';r�;;:t:�.
<br /> €:�c
<br /> s`- �msower fails ro msPand w Lender wNiin 30 daYs aft�dce date tbe n�sice is Sri'c�,Le�nder .,..:,��.`,:.,
<br /> �n
<br /> -+,r • � - aw�rd or seule a c�aim for d�naBes. az to the s�ms saaued ? ."r,;j,_. .
<br /> as as optimt.either w restoration or rePair of the P�op�tY ?��'-.
<br /> is authorized W coDect and apply the��. ti. . _
<br />-''' Instrument,whethea as not theu due• . �1�
<br />_=� by this SecuritY in writing.anY appl�on of pr�c�s�P���nnt cactend or pnstpane .. _ •
<br /> UNess I.eader aad Boimaer oth�ise a�e 1 and�ar chanSe the amount of sush paymeats. ' �..,-;. •
<br />,-��4 ents�eferred to ia pa�agmpt►s ;��: ` .•`,
<br /> � the due date of the manthly PaY►A �e ent or modific�tim►
<br /> :5j . .• 11.Barrawer 1Vot Released:ForDearance Bp Lenda Alut a W�iver. Fa�tca�sion of th�time far paym _.::;,�-%'`_
<br /> tca
<br /> �': Insuamau g�nuxl bY L$ader to any sL*�;in interest of Borcowet s6all
<br /> :�� �, of ama�tion of the swns seaued by this Se�tS► � �,,
<br /> � to release she IiabilitY of thc arigiaal Bomnwzr os Bmrawe�'s successors in int�est Leader stiall not 6e required w i.
<br /> :`:'t ' � ao!opaate an successor in intaesc or rcfi�e w extend dmc for paymegt or otheawica mndifp amo�on of : .
<br /> �m, . commeace pmoecdinSs against Y BQrmwex ar.Bnrrowa's successots � `;�
<br /> . the sums secured by ttus Se�ieY Insuament by reason of amy demand made bY ttie originall '� . . :�%" :
<br />;:�,:. • . ri t ar romedy shall not be a wai��af ar psec�nds the eaercise of anyr R
<br /> in intes�t.A�Y f Q�'��by Lendea in ea�g�Y Sfi Ii ..; : ._
<br /> ..:;; right or zemedY- Co-signers. The covea�ants aact a�eme.nts of tbis �j . . :_
<br /> c
<br /> ` 12.Saooessots�t Assigns Boand.Joint�mod 9everal Li�bitily; af Lcader and Borrower. sahj�st.w the provisions of � • .
<br />_-;fi , ;� . , �;,<<„
<br /> _;.t Secvrity In.suus°�t s'ihaII bind and beaie fit t ha su a�s s ors�d assi g n s Bomower wbn oo-sgas ihis Sec�ity _ � ,:.,i,
<br /> aII �
<br /> - ' - F�$T�Pb 1T. Borrowea s cove,nants and agcee.saents shall ba jaint and severaL MY and convey that ' . - - ==
<br /> '� this SecuritY Ins���onty w mflrt�tge.� _..,�_ . :
<br /> .:�;;� Iast�ameat but does not exearte the Not�(a)is co-signin8 �'
<br /> ' und�the terms ot this SeauilY Ins�umea�r(b)is not�e+'sonallY oblig�ted to paY 1hs sums ��. .;'!._
<br /> .�j: • Boaower's urtere.st in ihe PtoD�Y to euceeofl,mod�N•forbear or � ,
<br />:,F.,
<br /> ser�ed bY�his Seauity Insaumen�and(c)agr�s t�I.eud�and any o�hher Bormwa,nsy a�ee ,.y_:
<br /> :. ` �.` make any accommadations with regard w the te�ns of ihis Secur�tY In�mment or the Note without that Borrower's wnsent
<br /> ',�' lnstrument is snbject tn a law which seis ma�imwt+loan charSes.
<br /> `_::j . ]3.L o a�u C h a t g e s. I f t h e l o a n secured b y thic SecuritY • _
<br /> ' ' and that taw i�fmally inte�preted so that the interest or other loan c�+arBos callect�d or w 6e w B e c t��redune the ctrarge tnl the .
<br /> %,s:'� � . � exceed the permittcd timitg.then:(a)aaY sucb toan cha�a stuill��reduced by the amauc��ac�be ref�nded to Boirower. •.
<br /> � pe�mitted 1'mrit;and ib)�►Y��Y caU�fmm Borcower which acceeded permut� � a d'uect PaYm�t to . :
<br /> �1 r choosz w make this refund by reducin8 thg P��P�'atived�d�r the Ns�or by��8 ent charge
<br />-;-;�;�: : I.endar may ,,..ent wittwui anY P1EP� . _
<br /> '•' Bomuwer.If a refimd reduces Princ�Pal,the redncuan will be aeaind as a partial Pr�sap'"' .
<br /> e t.:.- .
<br /> .;. , �.;:, under�Note. en b d�tivcta� it or by mailing it .
<br /> `:�,�;::_��.' vided foi in this Securiry instiument shall[r�giv Y S Address or . .
<br />: �:r;:�_ :,�,;., . 14.1Vatiacs. A�y nofice to Sarrawer pro � . ,
<br /> � . by first ctass m�unIess applicable law reqniras use oi another method.'Ilie notice sha11 be directed to iha Propercy . . . . .
<br /> any ather address��rower desigaates by notica to Lcnd�r.My nadce to T�ender shall be gi+rven by t'usq class mail to Lender's . .
<br /> ,.en
<br /> a�d�stated heaein or any c�he� address en to Bomocver or L•ender whe»given as pro ded in thbc paragrapi�.T in th'ss Secauiry
<br /> r r�.��° Ins��si shall be deemed m 1�.,been g�
<br /> .,, � 15.GavernIng I.aw4 Severabil;ty. 'It�is Securiry Instr�unnnt shail be gavcmed by federal taav and tha law of e
<br /> jnrisdic.dan in whi:S�the PmrpertY is tacz�d. 1�1�►e event that any prnvi�a�or clause of this Security lnsuumeai or tha Note
<br /> , .,',� I'; ��ts with ap�i�,�ble law.such contlict s��it not affect other pmvisians af r�is Security Inswmcxaa as ttra Note which can be �
<br /> tli
<br /> ��.�l, '.� giv�effect arithoui the conflicaing Prov�sion.To this end the provisions of tiais Security Lrswment xz�tbz Note aie declared to �
<br /> f_.,'i . � uC SCV�iC. �
<br /> r..�„ . � FOrm i3Y8 fl/90
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