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<br /> �rmenit may nc�loty{cr bo raqulreA. wt thc c►pdon cf l.ejxtcr,i[morry�a Imur�ncc c�verApc Un O�e amount �nd far tha perloi _
<br /> th�t l.end�r requini) provfAeA by�n iruurer�pproved by I.cnder aptn becomea�vAl1�Me�nd 1�ot�t��ned• �trawer�bwll p+iy�he
<br /> prci;�tuii�ccqulrcd tn m:ilntefm m�neege Insoranca in etfect, or m provide a las� re�crvc, �mdl thc requircnunt tar mnnp�o `
<br /> imunaca end�in�ccordance with�ny written r�reement detween Borrawer�nd l.endar ar Applicabie I�w.
<br /> 9.Inpection� LClldt�OY U�A��nt m�y mike reiuon�ble eMriea upan arnt inspec�ion� af tho Propercy. l.ender ehxll glvo
<br /> 8ocrowor aodee at the dme of or ptlor to au i►�specdon�peeityie�raaonxble cause far the Inspecdan.
<br /> 10.Condemn�tion� 'I1ie proceed� of any award or eltim for daauges, direct or consequentlsl, in connecdon with any
<br /> condemnstdon or other taking of any put af the Property.or for canveyance in Iteu of candemnxdon, are hereby aesigned and
<br /> shaU be paid to Leader. --
<br /> In the event of a wtal takin8 of tho Property, the proce�dt ah�ll be appUed to the auma secured by this Securiry Instn►ment,
<br /> whether or twt ttien due,with aay exceaa paid to Sonower.In the event of a parti�l taldng of the Property in which the fair market
<br /> value of the Froperty immediately before the taking le equnl to ar greatcr than the amount of the aumt aecured by thls Secutlry
<br /> Wtnuinent immedlately before tUe taldr►B. unlcss BorcoWer and Lender otherwise agree in writi�B. the aumz secured by thls
<br /> S�ry��ea[ shwll be reducecl by the amouat of the proceedt muldplled by the followiqg fraction: (a)the toul unoant of
<br /> ttie sum�aecuned inamediatety befare the t�ng. divlded by (b)the fair tnarket value of tbe Propecry iuunedlately before the
<br /> talting,Aoy bxlance siull be pxid to €orraucr.In t�sa avent of a partial taldng of the Pcoperty in which the fair market value of the
<br /> prop�rty immediueTy before che caldn6 is less than the amount of the aum� secuced immediately before the taking. unless
<br /> Bonower and Lender otherwlse agree in writlug or unless applicabk law otherwise prorides.tbe proceeds shall be appliGd w the
<br /> sums aecured ay this Security Insaumenc wlKther or not the sum.�ue thea due.
<br /> If the Properry is abandoaed by Bonower.or If, after notice by Lender to Boaower Wat che condemnor offers to mai�e an
<br /> award or aenle a claira for demagcs.Burrower fails to respond to Lender wlthin 30 days aftcr tt�e date the nodce is given,Lender
<br /> ;s authorlud to collat a�l apply the proceeds,at its n�►tinn.eitlxr ca raawradon or repair of the Properry or to the awas secured �
<br /> hy t�iy Securit}r lastrument,whetLer or rwt then due. `
<br /> Ualaa Let��u aad Borrow�r otherwise agrec iu wrldag,anY oPP��on of proceeda to principal ahall not exund or posqK►ne
<br /> ; ��e d�te�p yk mouthly paya►ents afened W in puagnphs 1 �ad 2 or cLaage the amount of auch payrqenu.
<br /> � 11.Borrowu Not IYelea+sedi Forbearance By Lender Not a Watver. Eztenston of the tIme for paytnent or modi5cadon _
<br /> � a���u�� ��p�wz��r i,�.s�c•Msi_ry i�ai�e�ment gruiud by Leadcr to any successar in interest of Bonower thaU __
<br /> :{ not opente w rel►,aae the Iisbility of fie original Bon'ower or Borcower'a successaxs in intenat. Lender nhall not be required to �..
<br /> �. ��Qrp��g�agninsc any soccessor in iaurest or rett�se to eatend dme for payment or otherwise modify amortlzation of
<br /> � the eums 6ecur�d by tLis Securiry L�artument by reason of any demanci made by the orlgiaal Honower or Bonower's successors
<br /> � in ituereat. My forbeuanc;e by Lender fn exercising any dghc or�n►edy shnU not be a waiver of or preclude the exercise of any
<br /> .
<br /> tigtu or cemedy.
<br /> ' ���S�nd,hasl�Bound;Joint and Sevecal Lt�ablUty; Co-aigneca. 'Ihe covenu�ts and agramente of d�iis
<br /> Security Immuaent ehail bind And beaeht the succeasora �u�i,uai� of S.:.stdcr �:�3 Pazto•:�er. subjeci to t!x gra�lx� e!
<br /> � ptr�raph 17. Borrow�r'e covenann awd agreementa ahlll be Joint and several. Any Borrower who co-slp� tWs Securiry
<br /> � Iasttument but does not execuu the Note: (a)ls co-signing ttil�Securiry InsUUment only to mortga�e, grant tnd convry th�t
<br /> Borrower's incerut in d�e Properti►under the ternu of thi�Secudry Inswmene; (b)is not peraonally obligaud ro pay the tuma
<br /> � ��by��;��y��ment;aad(c)a�re,es that Lender uid aay otber Borrower may agree to extend.modify.forbeu or
<br /> � make smy accammo�8oru with ngard co the ur�ai of this Secudry Iwtrumeut or the Note wtthout that Borrower'�cor�ent.
<br /> � 13.Lan Clu�r�ts. If the loan secured by this Security Wtnia►ent in aubject ta e ltw which aeta nu�dttium lo�n ct�arges.
<br /> , �ad d�at la�is f�nally iateipnted so that the interest or otLer lo�a cbuges collecud or w be coAected ia connecdon with the loan
<br /> excad the permltt�d limit��then: (a)�ny auch loan clurge�ha11 be reduced by the�mount uecessary to reduce the charge w the
<br /> permitted limit:�nd(b)anY sums alre�dy collceted from Borcower w�[ch exceeded permitted Wnits wW be reflu�ded to Bormwer.
<br /> Lender may choose to make this retund by reducing the principal owed under tUe Note or by maldng a direct paymnt to
<br /> Bocrower. [f a refund reduces pri�lPa1. the reducdon wiU be aeaud as a pu�dal prepayment wlthout anY Prepayment chuge
<br /> � uader the Note.
<br /> •` 14.Notkes. My zadce co BorroWer provided for in this Sauriry Insaument shaU be given by deliver[ng it or by mailing it
<br /> by first clui m�il unless appltcable law nquires use of another method.The nodce at�ll be directod w the Property Addresa or
<br /> uiy otBer �ddras Borrower deatgmtea by cwdce to Lender. Airy nodce w Ledler ahall be given by firet clasa mail to L.ender's
<br /> addteas atated Aerein or any other ad,ires� Lender designaus by notice w Borrowor. Any nodce provided for in thia Securlry
<br /> Insuuaunt ehall be deemed to luve been givea to Bonower or I.eoder when glven aa provided in tLis paragnph.
<br /> 1S.Gorernin�I.iw:Sererability. 'Ihis Sccurlry la�avment ahall be govem�ed by federal law and the law of the
<br /> jurisdicdon in which the Propetty ia locaud. ln the event that any provision or clut�ae of thia Security Insuument or the Note _
<br /> contiicn with applicable]aw.such conflict atiall not af[ect other provisioai of ch3s Security Insmunent or the Nou which can be
<br /> given effcct without the conflicdn8 provision.To this end th� provislons of tlri�Secudty Iasuument and the Note ue declared to
<br />� be aeverabk.
<br />— Fo�m 30IS 9f90
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