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<br /> payments may no tanger be cequired,at the opttun af Lender.if rnortgnge insurnnce wverage(in the amount and far the pe ad F
<br /> thnt Lendcr mquitesl provlded by ni�insurcr upprcved by I.ender aguin becomes uvailuhle and is obu►ined. Barmwer shall pay i
<br /> th�pmmiums required tu muint�n mortguge insurance in effcxt,or ta provide u lass res�rve,untit the requirement for mortg�Ae _
<br /> insurunce ends in accardt►nce with uny written a�reement bciwecn Burrower smd l.ender or applicnble Iaw.
<br /> 9.U�spe�ctlon.I.endcr or its Agent moy mc�ks rcasannble entrles upon nad inspertiana�f the Property. Lender shull give
<br /> Bonmver notice ut the ti�ne af cir prtar to an inspcction specifying rea.yonuble cnuso for the inspection. _
<br /> 10. Condemnation.The pracreds of uny award ar claim for dnma�es. direct or cansequcntial. in connection wlth nny
<br /> rnndemn��tion or other taking af uny part nf tho Property.ar far conveyance in Ueu af condemRatian,ure hereby assigned and ,
<br /> shnll be paid to I.ender.
<br /> in the event af a total tnking oi'the Pcoperty.the praceeds shall be upplled ta the sums secur+ed by this Security lnstrament,
<br /> whether or nat th€n due. with any excess patd to B�rrower. In the event of a partial taktng of the Property in which the fair
<br /> market vnlue of'the Property immediatety beforo the takin�is equal to ar gteuter than the amount of the sums secured by this
<br /> Secudty[nstrument immatintely before the stiking.unless Bacrower and Lender othenvise agree in writing.the sums secured by
<br /> this Serurity Instnunent shall be reduced by the amount of the proc�eds multiplied by the following fractton: (a) the toutl
<br /> amount of the sams secured immediatety b�fore the tsking.divided by(b)the fuir market vafuc of the Propeny immetiately
<br /> before ihe tuklns. Any balunCe�haU be pAid to Borrower. In the event of a parciel taking of the Pmperey in�vhich the fair
<br /> market vutus af ths Pmperty immecl�u�e�Y befottz tho taking is tess thun the utnount of t4�e sums secured lmmediateiy 9refore the
<br /> taking, unless Borrower and Lender othenvise agoee in writin�or unless upplicable law othernise provldes,c2r.�p¢vc�ovds shaE6
<br /> be�ppliad to the sums secured by this Security Instcument whether or not the sums:ue then due.
<br /> If the Fmpsrty is ubandoned by Dorrowor.or tf.after notic2 by i.ender to Borrower that the oondem�r afR'ers to mak¢Gze
<br /> aa�ard or settle�claim for�mnges. &►rrower fails to respond to [.ender within 30 days after the date e�hx aosdce is given.
<br /> Lender is authorir.ed to cotlect urta appiy tne proceeds.si iw u�rito,�,ci:�ec ta.-W-tcst�tiost os r�sii of th?Pt��'?Y�*p to the si�m�
<br /> secured by this Securiry Insttument.whether or not then due. �i��an of rocer.ds to p�nc�sipal shall ttot extend oa
<br /> Unless l.eader and Borrawer othenvise agroe in writing. siny app ' p
<br /> postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change�he amuum�Y of such payments.
<br /> 11.Borrower Nut Released;Forbearance By Lender Not a Wt�tver.Extension of the time foa paymena or modiflcation
<br /> af umortixation of the su�ns secum.�i by this Security Inst�ument granted by Lertder to any successor in interest og�orr4wer shall
<br /> not operate to release the liability of the original Borrower or Borrower's succe.csors in interest. Lender shall nat t�e re4uired to
<br /> commence p�ings against uny suecessor in interest or refuse to e�te�d time for payment or otherwise moclify ruhortizadoan
<br /> of the sums secured by this Serudry dnstnimem by ewASOn of an;r de:�nand made by the original Borrower or Barrower's
<br /> suocessars in interest. My forbearance by i.ender ia exercising nny uaght or remedy shell nat he a watver of or preclude th;.
<br /> � '� Qf any right�r reme�y. �� - of� _
<br /> 1Z. Suooessors and Assigns Bound: doint and �everai H.�w�^.,33 Cutitg.�a. The covenams azcci�i�
<br /> Securiry Insuument shall bind and beaefit the successots and assi$�pc.a�i Lender and Borrower,subject to the provisions�ff ' .�
<br /> psuagraph 17. Borrower's covenants and a�eements shall be joint mtd severai. My Batrov�+er who co-signs this Security, ''�.�
<br /> Instrumeut but does not execute ihe Note: (a) is co-signing this Securicy Insm►ment only to mortgage. grant and oonvey that '' �
<br /> . Bornawer's inteiest In tha Property under the cerms of this Security Instrument:(b)is not petsonelly obligated to pay the sums
<br /> secured by this Security Insttument;and(c)agrees that Lender aad aay other Sorrtmu� may agc+ee co extead.moABffy,fo�r or
<br /> make any acoomttiodations wlth pagard to the terms of this Security�astmment or tbe Note without that Borrower'.s aonsent.
<br /> 13.Lonn Cdurge�.If the loan sscured by this Secudry Insmtm�c:e is subJect to a law which seu ma�cimwn loaa charges.
<br /> stid•that law is.Caally interpreted so that the i�erest or other loan c�ar�es oollectod or w be ooltected in connet�ion with the•
<br /> �patt�aceod tha permitted ltmits.then: (a)any such loan charge shall be reduced by the amount necessary to neduae jhe charge
<br /> to tlie pemuued limit;and(b)'any sums already callected from Borrower which exceeded permitted limits wili�b�refunded w
<br /> Borrower. Lender may ct►oose to makc t#u� refun� by �ucing the pTlncipal owed under tt�Note or by making a di�+ect
<br /> payment to Botmwer. If a refund n�duces.principal. the ceduction will be treated as a partial `prepayment without any
<br /> prppayment charge under the Note. �'
<br /> •• 14.Nodces.My notice,ta.Borrower provided for in this Security 1[nsdument shall be given by delivering it or byAmail�g
<br /> 'it by first class mail unless appliceble law requires use af another method.The notice shall be d'uected to the Property
<br /> n
<br /> oti any other address Borrower desiguates bY norice tn Lender. Any nouce w Lender shall be given by 6rst class mail to
<br /> Lender's address stated herein or any other address Lender designates.hy aodce to Bomower. My notice provtded for itt this
<br /> Securiry IaswmeYa shalt be deemed to 6ave.tie�►►given to Borrowe;o:I�nder when given as pmvided in this paragr�Ph: ' � . '+••, ;:
<br /> I5.Governing Law; Severab�lity. 'xliis Sacurity Insmuuenf;:Sh�ll ise govemed by federal law and t}�e IaW of•thb".'...`�� '��.,
<br /> jurisdiction in which the Property is tocated. In the event that any�+rovision or cisuse of this Security Instru�zni or.tha Nofa���
<br /> aontllcts with applicable law.such conflIct shali aot a t�ect•o t her pro r r isions o f t his 5 a c u r i ry I n s t i u m e r►t o r t h e N d,t a:w h i c h'c a�i�i e
<br />- given effect without the oonflictiag provision.To this end the provlsions of this Security Instrument and the Note are 8eclaired•;
<br /> - to be severable.
<br /> 16.Burt+ower's Copy.Borrower shall be given one confornaed copy of the NoUe and of this Sacuricy Iastcument.
<br /> Form 3028 9/90
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