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<br /> U»x far pay�nent or ottierwiu modify amonizatlon af the sums secured by this Sccurity Instcument by reason of any
<br /> demand m�de by thr origlnal 9orrower or Bonower's successors in interest. Any forbearance by L.ender in exercising
<br /> any right or remedy shall not be a waiver of or prcclude the exerclse of a��y right ar rcmedy.
<br /> 12. ��axuO��'d�6���� 70� ��,� (,�;�jty;Co-signen. ThP covenants and agreements of this
<br /> Security Inatrument shall bind and l�nefit Ihc saccessors wid assigns of L.ender and Borrower, subject to the provlsions
<br /> of parAgraph 17. Borrower's covenants and agreements shall be joint nnd sevcral. Any Borrower who co-signs this
<br /> S�urity Instrvment but does not execute the Note: (a) is co-signing this Security Instrurnent only to mortgage, grazu !
<br /> and convey tltu Boaowet's interest in the Property under the tern�s of this Security Instrument; (b) is not personally
<br /> obllgated to p�y ttu�ums secured by this Security Instrumenr and (c)agrces that Lender and any othcr Borrower may
<br /> agree ta extend,modify,forbear or m�1ce any accommodations with regard to the ternu of thie Security Instrument or
<br /> the Note wilhout that Borrower's consent.
<br /> 13, L,o�n(�►.wc6ea. If the loan secured tey this Security Instrument is subject to a law which sets maximum laan
<br /> charges, and that lew is finally interpreted so that the interest or other loan charges collected ar to be collected in
<br /> connxtion wllh ttie lonn exceed the permitted limits,then: (a) any such loan charge shall be reduced by the amount
<br /> necessxry ta rcduce the charge to the per[nitted limlt; and (b) any sums already collected from Borrowes which
<br /> exceeded permttted limits will be refunded to Bonawer. l.ender may choose to make this refund by reducing the
<br /> principal owed undor the Note or by making a direct paymtnt to Bonower. If a refund reduces principal, the reduction
<br /> wlll be treated as a paniel prepayment without any prepayment charge under the Note.
<br /> 14, rkM3cp. Any natice to Borrower provided for in this Security Tnstrument shall be glven by delivering it or
<br /> by mailing it by first eles3 mail unless appllcable la�v requires use of another method, Tbe notice shall be directed ta
<br /> the Property Address or any other address Borrower deslgnates by notice to Lender, Any notice to L.ender shall be
<br /> given by ficst clsss mail to Lender's address stated herein or any other address Lender dtsignates by notice to Bortower.
<br /> Any notice provided for in this Security Instrument shall be d.�emed to huve been given to Bonower or l,ender whea
<br /> given as providod in this paragraph.
<br /> IS. Goe+anind Ia►w� Ser'erabuitY. This Security lnstrument shall be govemed by foderal law and the law of the
<br /> jurisdiction in whlch the Property is located. In the ovent that any provlsion or clause of this Security Instnsment or
<br /> the Note confllcts with appllcuble law,such conflict shall not affect other pruvisions of this Security Instrument or the
<br /> Note which can be given effect without the conflicttng provision. 'To this end the provisions of this Security[nstrument
<br /> end the Note are dxlerod to be severable.
<br /> 16. Bonu�ra'� CaPY• HOnower shall be given one confoimed copy of the Note and of this Security Instrument.
<br /> ii. T:..�-�of•.:;,�.,•����'-`�'—'t in� in Borrn�ra. If all or anY part of[he Property or any interes�
<br /> in it is sold or truufened (or if a beneficlal interest in Borrower is sold or transferred wnd Borrower is not a natural
<br /> person) wittwut Lender's prior written consent, l.cnder may,at its option, require imnxdlate payment in full of all
<br /> sums securod by this Security Instn�ment. However, this option shall not be exercised by Lendec if exercise ie
<br /> prohibital by federal law as of the date of this Securlty Instrument.
<br /> If L�ec►d=r exercises thls option, I.ender shall give Borrower notice of acceleration, The notice shall provide A
<br /> perlod of not lese than 30 days from the date the notice Is deliveral or matled within which Bonower muct Qay all
<br /> sums sRCUred by this Secudty Instrument, If Bonower faile to pay these sume pdor to the expiration of this periai,
<br /> I.end�r may Invoke any remalles permitted by this Securlty Instrument without tiirther notia or demand oa Boaower.
<br /> lg, g�m�va�� Ri�ht w Reinst�te. If Bonower meets certsdn conditiona, Borr�wer shall have the right w have
<br /> enforcmnnt of this 5ocudty Instrument discontinued at any time prior W the eazlier of: (A) S days (or such other
<br /> periud u applic,�ble law mAy specify for reinstat.^.ment) before sale of the Property pursuant to any power of sale
<br /> conwined in this Socudty Instn;.^.Mnt; or(b)entry of a judgment enforcing d►is Security [nstrument. Those conditions
<br /> are that Borrower: (a) pays Lender all sums whlch then would be due under this Security Instntment �� ex nses
<br /> as if no acceleratiun had occuned; (b) cures any deiault of any other covenants or agramtnts; (c} psy pe
<br /> incurred in enforc(ng this Security Instrument, tncluding,but nat limited to, reasonable attomeys' fas;and (d) takes
<br /> such action es L.ender may reasonably require to assure that the lien of this Security Instrument, Lender's rights in the
<br /> property and Borrower's obligation to pay the sums secured by this Security Instrument shall continue unchanged.
<br /> Upon ninstatemrnt by Ilorrower, this Security Instrument and the obligations secured hereby shall remain fully
<br /> effxtive as if no scceleration had occuned. However, this right to reinstate shall not apply in the cese of acceleration
<br /> under paragreph 17.
<br /> N�RASlCA-SinQlr F�mflyPIiMMP1�.Y(% UNIP�IU1 INSIRUMHNC F'am 302t 9f90
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