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<br /> ' 98� 110471
<br /> psyments rtury na lunger be required, at the option of l..ender, if mortgege insurence coveragc(in thc arnount and for Ihe periad
<br /> that I.ender rcquires)provided by an tnsurcr approved by Lender again becomes available and is obtained. eorrower shall pay
<br /> the premium�required to maint�in mortgage insurance in effect,or to provide a loss reserve, until thc rcquirement for mortgage
<br /> insur�nct end�in accordu�with any wrlttrn agrcement betwan Borrower and[.ender or�pplicable law.
<br /> 9• lnspection, l..ander or ita��ent miy malre rwon�ble entries upon and inspections of tlu Property. Lender shall give
<br /> Borrower notice at the time of or prior ta�n irupection epecifying reasonable cause for the lnspectton.
<br /> 10, Coadannatlon. The procoede of any awud or claim for damages, direct or consa�uential, in connection with xny
<br /> condemnuion or other t�lcing of�ny part of the Property, or for conveyance in lieu of condemnation, are hereby assigned and
<br />, shall be pald to I.ender.
<br /> In the evrnt of a totd uking of►he Propeny.the procooda ahd�be applied to the suma secured by this Security Instrument,
<br /> whether or not then due, with any exceu paid to Borrower. [n the event of a parNal taking of the Propeny in which the fair
<br /> market value of the Propeay immedi�tely before the taking is equ�l to or groater than the unount of the sums secured by this
<br /> Security In:trucnent immediately before the t�lcing,unless Borrower and L.ender otherwise egree in writing, the sums seeured by
<br /> thi3 Securlty Instcument shall be ra�COd by the �mount of the proceods multiplied by the following fra�:tion: (a) the total
<br /> amount of.thc sums securod immQdi�tely before the tsking, divided by (b) thc fair market value of the Propeay immediately
<br /> before the taking. My balance sh�ll bc paid ta Borrowcr. In the event uf a partia! taking of thc Property in which the fair
<br /> m�uket value of�he Property immedi�tely before the taking is lesa than the unount of the aums secured immediately before the
<br /> uking, unlsss Borrower end Lender atherwlee agice in writir.g or unless applicxble taw otherwise provides, the procoeds sh�ll
<br /> be ap(ilied to the sums secured by this Security[a�trument whethsr or not the eums are then due,
<br /> If the#'hoperty is abandoned by Borrower, oc if, a8er notice by Lender to Aorrower that the condemnor offers to malce�n
<br /> �ward or aettle a claim for damagea, Bortower fdilt to respqnd to Lender within 30 days after the date tha notice is given,
<br /> Lender�is authorizcd to collect�nd�pply tl►e proc:eed#, at its option,elther to restoration or repair of the Propeny or to the sums '
<br /> aecurcd by thia Secudty Instrument,whether or not then due. '
<br /> Unless I.endcr and Borrower otherwix agrca in writing, say application of proc�teds to principal shall not excend or
<br /> postpone the due date of the monthly p�ymentc refernd to in puagraphs 1 and 2 or change the amount of such payrr�nts,
<br /> 11. iMrrower Nnt Rekseed;Forbe�rance By Lender Not a Watver,�xtension of the time for paymcnt or modific.�tion
<br /> of amortization of the sums secured 6y this Secu�ity Inatrument gru►ted by l.ender to�ny successor in interesl uf Bonower�h�ll
<br /> dot operate to rclease the liability of the original Borrower or Borrower's successar�in interest.Lender shall not be required to
<br /> cornmrnce proceodings again:t�ny succes�c>r in intereat or nfuse to extend time ior payment or otherwiae modify artwrtiz�don
<br /> of the 8urta socured by this Secudty Instrument by reaaon of any demand mAde by the original Borrower or Borrower'�
<br /> wccaeors in iaterat. Any forlxarance by Lender in exerci�ing any right or remedy shall not be a waiver af or preclude the
<br /> exenise of�ny right or remedy.
<br /> .. 12, GMw..n.x .n�l �.d..ti�. o�.�L' .:.:n'a :�7i�. °-°---� � -.
<br /> --�-. : a•�.�u i.iiwiiiir; �o�sisnas. ine covenanu aad reetaer►ts oF this
<br /> . Socuriry irutrument shall bind and benefit the auccaaora u�d �igna of l.ender u�d Borrower, �ubJect to We provisiona of ' . '
<br /> pua�h l7. Borrower's covenants md a�roem�nu sh�li be jotnt and xvenl. My Borrower who co-�i� thi: Securiry
<br /> laununent but daes not execute the Note: (a) ia co•ii�ning thia Security Icutrument only to�mortg�ge, grant and convey thu
<br /> BO[rower'i.intnr�t in rl+'Pm.,�..�w��...+...ti.._........s.,.:.�__.._�._.. . _
<br /> �---r ----'• »•_•�•••••....�.�.v.swwuy u�ruuu�CU�� �oj is not perooDally Obli��[ed to p7ly thC 9utpa �
<br /> ' ucured by thia Security I�trumrnt;ud(c)�g�+ees th�c L.ender ux!any other Borrower may�gree to eutend, modify. forbeu or
<br /> ��+aY��datioas with rcgud to the terms of thi�Security Iruurument or the Note without that Borrower's cocueqt.
<br /> 13. Lo�a C6u�r�a.Tf the loan tecurocl by this Sxudty Inur.�ment is abject to a law w6ich ute muimum lua6 charga,
<br /> �ad Uut laa ia finally inteTperted so thu the interest or other loan char�a oollxtc+id or to be collected ia 000necxion witb the
<br /> laut exoeed tlie pern�ittod liwiu,thea: (a)any such lan chuge ahdl be rodu�ed by tLe amount necessary to redua the clurc�e
<br /> to t!u permitted limit; uid(b)any �ums nlready collxttd from Bonower which eaooaded pertnittod limits will be t+efund,od w
<br /> Borx'mver. La�der m�y choose W malce this rofund by reducing t6e principRl uwed under the Note or by m�king a dir�ct ,
<br /> p�ymeot to Bormwer. If a refund roduas princip�, the reduction will be treatod as t putial PcepaYmeut without �ny
<br /> prep�yment charge under d►c Note. .
<br /> 14. Naffca.Any nocia to Borrower providod for in this Sccurlry Initruatent shill be�1ven by deliverin�it or by ui�ilin�
<br /> it by Ant cl�st m�W uolea��pplicable law requires use of uather rnethod. Tb,e notia�all be dirocted to the Property AcWr�t
<br /> a aay othu addrw Borrower desi�nuq by notia w Lender. My notioo to Lender ah�ll be given Dy firu class mail to
<br /> 1Rader't addraa stated herein or any other address Leader deaignatcs by notir.e to Borrower. My naice provided for.in thi�
<br /> �Y��sha11 be damod to h�ve bxn�ivea to Borrowcr or I.ender whrn given aa providod in this paragr�ph. �
<br /> IS.Go�erNin` i,ww; Sever�bllhy. 'fhi� Ser.urity Inatn�mpn sh�ll be govemed by federal I�w u�d the law of the
<br /> .juri+diaion 1n which the Pmperty ia locued. Ia the event that any proviaion ar.clause of thia Security Inatrument or the Nok
<br /> confllcu with applicaDl�1aw,tuch oonfllct�h�ll not affect other provisions of thls Securiry In:trumurt or the Note which cui be
<br /> jivelt efUect wittaut thG�upflicting proviiion. To thi�rnd the proviafon�of thi:Seturiry Instrument and the Note nre declared
<br /> to be ieverable, • _
<br /> 1f,Horrnwer'a Copy.Borrower shal!be given one confomkd copy of the Note and nf this Securiry Instrument.
<br /> � iam 302t iI90
<br /> ��NIINEI nt�ii.oz �� ' ►.y.s o�e ; '
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