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<br /> puynxntti may no Icmgcr tx;rcyuiral,ut thc��pti��u of'lstxicr, if m��rlqi�gc insur�mcc r�wcrugc(in thc i �nt urxl fc►r thc pcn
<br /> �hut l.c�x4r reyuires) prnvided hy un insurcr uppruvcd by l.cndcr ugnin tx�romcs nv�dluhlc und is ahtuin�Yl. ikirrowcr sholl puy
<br /> the prc�sifu►n�rcquinvJ to nwintuin nxingagc insuruncc in cff�tit,or to pn►vidc u luss rescrvc.until thc rcquirenxnt for nxirigugc
<br /> in,uruncc ci�l�;in uccorJuncc with�my writtcn i�µr��cmcnt l�etwccn l�nrruwcr�ux1 I..cndcr or upplicuhlc luw.
<br /> 9. lavpection, l.cixfer or its c�gent muy nwkc rcu�unablc cntrics u�xm uiHi ins�ctionc of�hc Pruperty, l.cixlcr nhull givc --
<br /> 13c�rri�wcr nottcc ut thc time of or prior tu un InsExcUim+pccifying rr.n�innNlc cuusc P��r thc inspcctiun.
<br /> l0. Condrmnrtlon. Thc pnkceds�if any uwurJ ar rluim for d�anagcs, dircct or comcyucntiul, in a�nncction with uny
<br /> condemnation or oiher taking��f nny part ��f the Pm�x;ny, nr f'or cnnveyunre in Ucu of rondemnution.�+re hereby u+signed and
<br /> shall tsc puid to l.e»dcr.
<br /> In thc event of a total taking of the Property,ihc prcxrniti shtdl be applic�f to thc zunn secun.�l by tl�is Security 6istrunxnt,
<br /> whcthcr or nat dien duc, with any cxccss paid to Borrower. In thc event of u partial tuking nf the Property in which thc fair
<br /> market vnlue of the Property imn�ediately hefore the tuking is equul to or�rc;rter thun the amuunt of the swr�s�ecur��d by this
<br /> Security Instrument immeciiately before the tuking,unlcss Bnrrowcr and Lc�Hlcr otherwise ugree in writing,thc sutns secured by
<br /> this Security Instrument shall be reduced by the amamit of the procec�ds multipltec! by the follawing frnction: ta) the total
<br /> amou�t of the sums secured immediately bcforc the taking,dividad by (b) thc fuir markct vuluc of thc Froperty imn�iiately
<br /> before the taking. Any balance shall be paid to Borrower. In the event of a partiul taking af the Praperty in wfiich the fair
<br /> market v�lue of the Prupecty immediately t�efore the taking is less than the u�iwunt of the sums securect immalintely t►efnre the
<br /> taking, unless Borrower and Lender atherwise agre� in wrlting or unlcss upplicuble luw�therwise provides, the pracceds shall
<br /> be applicd to the sums socured by this Security Instrument whcthcr or nat the sums nre thcn due.
<br /> If the Properiy is ebandoned by Borrower,or if,nRer notice by L.ender ro Bonower thnt the condemnor affen to make a�i
<br /> award or settle a claim for damuges, Borrower fails to respund to Lender within 30 Juys after thc date the notice is givcn,
<br /> Lender is authoriu�to collect and upply the procceds,nt its option,either to rcstorution or repair of the Pruperty or to the sums
<br /> secured by this Security Instrument,whether or nut then due.
<br /> Unless I.erxier and Borrower othenvise agree in writing, any npplication of praceods to principul shall not extend or
<br /> postpone the due date of the monthly payments referred to in parngraphs I und 2 or change the amount of such payments.
<br /> 11.Borrowe�Not Rdeased;Forbexr�nce By Lender Not s Waiver.Extension af thc time for paymcnt or modification
<br /> of amortization of the sums secured by this Security Instrument granted by Lender!o any successor in interest of Borrower shall
<br /> = no!oFer3te to Ml�e the Zia�il�i;4f LhQ i�TlgltLl E�*'!'nwP�nr R�rmwer'c cuece.ccnrc in interaet. Lender shall not be rtquired to .
<br /> conunence proceedings against any successor in interest or refiise ta extend time for payment or otherwise modify amortiza�ian
<br /> of the sums securcd by this Security Instrument by reason of any demand made by die original Borrower or Borrower's
<br /> successors in interat. Any forbearance by L.ender in exercising any right or renx�dy shall not be a waiver of ar pmclude the
<br /> ' exercise of any right or romedy.
<br /> 12. Suoces.sors and Assigns Bound; Joint and Se�eral Llebility; Co-signers. The covenants ancl agreements of this
<br /> Security Instrum�nt shatl bind and benefi� tt�,� successors and assigns of Lender and Borrower. subject to the provisions of
<br /> ! pazagraph 17. Borrower's wvenants and ugreements shall be joint and seventl. Any Borrower who ao-signs this Security
<br /> b Instn►ment but does not eaecute the Nate: (a) is co-signing this Secunity Iostrument only to mortgage, grant and convey that
<br /> `; Borrower's interest in�he Fropeny under the terms of this Security Instrument; (b)is not personally obligatod to pay the sums
<br />,; secured by this Security Instrument;and(c)agrr.es that I.ender:uid any other Bonower may agree to extend,malify,fort�ear or
<br /> : ►nake any accommodations with regard to the tem�s af this Security Instrument or the Note without that Borrower's consent.
<br /> '`• 13.Loan Ctnrges. If the loan securod by this Securiry tnstrument is subject to a law which sets maximum loan ch�rges,
<br /> ' and that lnw is�nally interpreted so thut the interest or other loan churges collected or to be collected in connection with the
<br /> loim exceed the permitted limits,then: (A)any such loan charge shull be reduced by the amount necessary to reduce the chazge _
<br /> to the permittec! limit;and (b)any sums already collected from Borrower which exceedcd permitted limits will be refundetl Zo
<br /> Borrower. Lender may choose to m:►ke this refund by r�ducing the principal owed under the Note or by making a direct
<br /> payment to Borrower. If a refund reduces principal, thc reduction will be tneated as a partial prepayment without any
<br /> prepayment charge under the Note.
<br /> � 14.Notices.Any notice to Borrower provided for in this Security Instrument sh�ll be given by dcliverin�it or by mailing
<br /> it by first class mail unless applicable law requires usc of anott►er method. Thc notice shall be directecl to the Property Addnss
<br /> or any other uddmss Borrower designates by notice to Lender. Any notice to Lendcr shaq be givcn by first class mail to
<br /> [.ender's address statexl hesein or any othec address I.ender designntes by notice to Barcower. Any notice provided for in this
<br /> Sxurity Instrwnent sliall be dt:e»>ed to l�uve Ueen giveo iv No�•rower or L.ender when given as providui in this paragtaph.
<br /> ' I5.Goveming Lww; Saverability. This Security lnstrument shall be governal by federal Iaw and the luw of the
<br /> jurisdiction in which the Property is located. In the event that uny provision or clause of this Security Instrwnent or the Note
<br /> conflicts with applicabie law,such conflict shall not affect other p�nvisions of this Security Instrument or the Note which caro be
<br /> siven effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note are declar+ed
<br /> to be severnblc,
<br /> 16.Borrower's Copy.Borrower shaD be given one conformed copy of the Note und of this Security Instrument.
<br /> j Form 3028 9l90
<br /> ' P�ge 6 01 6
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