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<br /> � 98_i��2��
<br /> '' paymenta may no longer be required,ut the option of l.ender,iY mortgage insurance coverage(in�amdU�li and for the pedod
<br /> � that l.eader requires)provided by an insurer approved by L,cnder egain becomes available aad is obteined.Borrower sball pay -
<br /> ' • � the premiums reqaired to maintaia mortgage insurance ia effect,or to provide a loss ressrve,uatil the requirement for martgage -.
<br /> • ; insurauce ends in accordance wlth eny written agreement between Borcower and Lender or agplicable luw.
<br /> � 9.I�pecHon.Lender or its ageat may make reasonable entrlea upon and inspectione of the Prnperty. Lxader shell give =
<br /> �� Born►wer notice at We tGne of or prior to aa iaspection spe�ifyln�reasonable cause for.tb�iaspection. '
<br /> 10. �ostdsmaustloa.Ths pmzeeds of eny a�vo,ra or claim for damages� dircct or.cancequential. W cas�aection wiW a�r -
<br /> , . . _ � condemnatton or other taking of eny part of the Property,or for conveyance In lieu of condemnatioa, are hereby asslgned and _
<br /> . _Y-� shaU be paid to Leader. `
<br /> ; •t�� In the event of a total cakin$of the Property.the pmceeds shall be appliod to ths sums secured by this Securlry lastcument. _
<br /> , ^��µ�� whether or nat then due.with any excess pa3d to Bosower.In.the event of a partda!teh'sng of the Property in which the feir
<br /> marlozt value of the Property immediately before the takin�9a equal to or greater tliau the amount of the sums secu�+ac!•by this
<br /> • _ � Security Ibstnuaent immediately before the taking,unless Borro�ver and LendBr otberwIse agree in wrlting.the sums s�cured by
<br /> thia Security Insuument shaU be reduced by the amount of the pmGe�tda multtplled by the following fraction: (a) the total
<br /> � amouat of the sums socut+eci immediately before the teking,divided hy (b),tha fair market value of the Property immediately
<br /> ;� before the taking. Any balance shall be paid to Borrower. in the event of a partial taking of the Property tn which che fair
<br /> martc�et valuc of the Property imm�iacely before the taking is less than the amaunt ot d►�r�ams secured imme4iately before We
<br /> taldn8.unless Borrower and Ls�Er otheiwise agree ln writing or unless appltcabla law c��vise pnovidcs, the proceeds shall
<br /> be appliod ro ttte sums securecl by tbis Security Sustaumant whether or not thc sums aYe then due.
<br />- If the Pmpezty is abaudoacjd by Bonauer,Qz if,after Qodce by Lender w Bornower that the ooademnor offers to make an
<br />- • award or a�xtte a claim for d�ges, Borrawer•fs�Sts co�¢nd to I.ender��rith�e 3n�ays after the date the notfce is given,
<br /> , . Letcder Ls authorized to wllect�3 ag�p3y the pr�aoeEds.at its ap�ion.either to restoraticsn c�c cepair of the Property or oo eha svmc
<br /> ` secured by this Security Iaunum�.arhethet u�r nQt then du�.
<br /> UWess LencRRer an.d Borro�er otherwise �ree in writing, any applipaitmn of pnc�ds to principal sha11 not extend or
<br />�:? '��r•:.i•" pastpone the dne date of the mw�1Y Payments refemed to ia P�SmPbs d�nrL2 ar•chan�e the amount of such pa}rmcuts.
<br />� , .�;�� 11.Borrower Not Rele��Forbearance By i.ender Not a Walacsr.�xt.an��an c�ahe cime for paymeat or modificatioa
<br />�;�.'•� of aznard7adon of the sum4 se�att by this Secw�Ity Insmunent•grauted hy Leader crs anN suocessor in interest of Borrower shall
<br />=�. . " not operau ta release the liabl7.'c�of the or�ginal Borrower or Bomower's successam jn inzerest.Ls�der shall not be required to
<br />- �'� commeace preoeedings agaInst any suooessor in interest or refi�se w extead ti�eme for payment or othezaise modify amortizatioa
<br />--"`'�;";�' eg the sums sccured by this Secu_*ity In�rwaent by reason of any demand made by the odginal Bornower or Bomnwer's
<br /> '�'�`•:'" - suxessors in interest. Any forbearance by Lender in easiaising any right or remedy shaU not be a waiver of or p�eclade the
<br /> �r`�r;„,,,:� �Qf any rlght or re��ly_ �
<br /> • }' 1�. Sescs�eas�+� A�9,�s �oand;doint e�d S,w4rm6�lUabtlity; Co-sig�Qrs.The oovenants and agre�maa¢s of this
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<br /> �.�� 3, Security Insn�umeut$haU bind and benefit the suocessors and assigqs af Lender and Sorrower, subject w the provisions of
<br />�=-"�`k;A,•::r' parag�b 17. R�i�oarar's oovenants anA agrcements sAall be Jc►Iuu aud�:sc�eial: Aay Bon+ower wha co-signs thLs Securiry
<br />='�w�"'�'y��� Insuums�tt but.daES nnt ea�ecttte.the Note:(a)is oa-si this Sec '
<br /> ---_.:;�R�•� Bn�S ur�''�n�ent oni�►to mortgage,grant and oonvey that
<br /> �'y.�,;?;;�;�:. Borroaea's iptere�¢�iti tbie#'�ro�►eral+.under the teims of this Secudty In�tc:tU) is Aat pezsonally obiigated w pay the svms
<br /> - - ;.•.'�" se�ured b�►this SeauitY pasinwat�m�;and(c)agrces that Lender aad aay oiher l�onca:ver may agroe w eatend,modifY,forbear or
<br />_--;;r�;�,.��. malae any accomnt�ons with regard w the urms of this Savrity insuument or the Note without that Bo:rower's consent.
<br /> -;�-�1`^''uF.� � 13.Loau C�avges.If the loan secured by this Seiasdty Instnrmeas is subject to a law whish seIIs cnaumum loaa cbazges.
<br /> ��-•;.•:_ and that law is finally inzerpreted so that the Interest or ather toan chaiges ooUeaed or to be colleaed�id aonnaxioa wtth the
<br /> ��°':''���� loan cxesed the permitted limits.then:(a)aay such loan� y the amouat a
<br />_-- ,-, abs�ge shalt be zeduoe�b eoessary to reduce the cLarge
<br /> --ma•x°� to th�pemritted timit:and(b)a�►Y sums almady collacted�flrom�Bornower which eaoeeded pe�mitted limits wiil he.refitnded to
<br /> - - Boma�►+�.�I.ender may choose to make thla refimd by roducing the principal owed under the Nou or by aiaYin�s d�+ect
<br /> --_�� paYaa'�its ;ta�'�acraiver. If a c+efimd reduas princtpai. the ceduation�wllt be aeated as a partial prepayment wIthout aay
<br />---- -_- P�Ymeni c.�asgc amder the Nou. .
<br /> - - � ,•��.�I�:Any aottcx W Aoicower provided for tn•tbis�ty�dn�uvment shaU br given by delivering It or by mailing
<br /> .�n�a�� it by�'6ESt class maii unless�7icable Iaw:oquires use of another method.The noace sha�l be dic+ected to the Praperty Address
<br /> _._.;K�s�,,�,r� or any other address Bomower designates by notIce to L�ender. Any nodce to Lender shall be g[ven by first dass mail w �
<br /> _--_�=-'—� Lsader's address stated herein or aay other addnss Leader designates by noHoe w Bor�ower.Arry nozic�provided for in this
<br /> - = - Securiry Insavmeut shall be doemed to have boen givea to Bomower or Lender when given as providefl�►t'his paragraph.
<br /> --� 1S.Govasiug Law; SevcrabilitY. '1Lis Sccurlty Instiument sbaU be govemed by federel Iaw and the law of the
<br /> _,��i�i jurisdlaton in which the Property is located. ln the event th�t any pmvisioa or clauss of this Security Insnument or the Note
<br /> .-�^_�� conaicts with applicable law,such oonflict shall aot affect other pmvistons of this Secxidry insuument or the Note which can be
<br /> � ��"`� g[ven effea wiihout the oontlicdng provision.To this ead the provisions of this S�udry Insuument and the Note are declared
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<br /> ----��"'�',� w be seve�able:
<br /> --;`���-: t ' :Il6.Borrower`s'Cm�.Horrower shall be$iven one oonformed oopy of the Note and of this SecurIty Insaument.
<br /> -;.��(�;�,o` •
<br /> •`<:;:... . Fam 3028 9/90
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