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90-105228 If mender nsq aWW mortgage insuraaee as a comb iris of making The loan aecund by this Security lauriament, Bonosret shall Pay the pttirs►iwr requitad to msintsia the insurance in effort until such tiara as the nquineatt for the iaetttaaee samiaaNs i• aot+erdaade teal i BatrowiWa sad Landers written apaessal w applicable law. g. )ttl�eeHstn: t;W& etr its &Vat may =11m rsasomft entries upon and intspecdotts of the Property. I.aider 116dSIVOW10"WW admai tirdwofor prior toga iatpaction specilyirng reasonablecause for tha inspection. !. CU■tl-- NdNL The proceeds of any award or claim for dunal , direct or consequential, in connection with any coadwastion or other taxing of any part of the Property. or for conveyance in lieu of eoodemnstion, are bereby ass*m dand"be paid to Lander. Is the event of a total taking of the Property, the proceeds" be applitO to the sums secured by this Security Iatruttsent. whether or slot the date, wMth way cuittia paid to Borrower. In the event of a partial taking of the Property. n+aless Borrower tad Ltrader odierwite situ in writin& the won secured by dais Security Instrument duV be reduced by the staacm of the psooserM mtaNiplisd by the following fraction: (a) the total amount of dae sasns sawed isessediately before the taking ditrided by (b) die fair asestet value eofdw Property immedimely befuse the taking. Amy balsam shall be PaidtwBorreower. V dw Panopeety is abssillowd by bmwismt . or cif: Aw noticr by Leader to Borrows that the eoodanor oft m to saaQce era #s►mrd ex nettle a claiw for dum6m Bnrmarwa+ar kfis to nap and to Lender within 30days after the date the notice is givrm, Loatsde tr ia,andsorirpl to wiled and apply the ptcxveerds, +se& .its optiows. either to nstararim or repair of the Property err to the tau m secured by this2w�Imtraaaaeab whedierornot quo's due. Uakss Ler4a and otherwise agree in writing, any apokabo n of proceeds to principal steal l not extend! IN postpone the due 400 of the monthly palrta rots td'an d to in paragraphs 1 and 2 or change the amount of such payments. 1 10. On *am No Rdano Rosbeertrros By Leader Nett a Waiver. Extension of the time for payment or moddestion of amortization of the sui ns secured by this Security Instrument granted by Lender to any succesaw in interest of Borrower shall not operate to rekaw the liability of the original Borrower or Borrower's successors in interest. Lender shill not be required to commence proceedings against any successor in interest or rdi se to extend time for payment or otherwise modify amortintion of the sums secured by this Security Instrument by ressoo of any demand made by the original Borrower or Borrower's successors in interest. Any krbesranc a by Lander in exercising any right err remedy doll col be waiver afar p wits e d wexerciseof any right or randy. 11. amiam ad Aawkpas 13o—=4 is M asi The iii aw sypeeromta of this Security lastrwmat shill bind and beedt the summors and anwis of Lender and Borrower, subject to i be provisions of paragraph 17. Borrower's eovessnu and ngreemesta shall be joint and several. Any Borrower who casigaa this Security Itwntassm but doss not esaouto the Note: (a) is mosigaing this Security Instrument only to mortgage. grant and convey that Borrower's interim in the Property wader the terms of this Security Instrument; (b) is not persntully obligated to pay i the aunts secured by this Security Instrumau; and (c) agrees that Lender and any other Borrower may agree to extend. modify, forbear or make any accoataadations with regard to the tams of this Security Instrument or the Note without that Borrower's consent. IL Ls■ a CLnyaa. If the loan secured by this Security Instrument is subject to a law which sets maximum loan chaps, mad that law is Andly interpreted so that the interest or other loan charges collected or to be collected in eomneetion with the loan exceed the permitted limits. then: (a) any such loan charge shall be reduced by the amount wassem to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded perrWIW limits will be refWded to Borrower. Lender may choose to nuke this refund by reducing the principal owed under the Moto or by atslnng a direct payment to Borrower. If a r+dl'und reduce& principal. the reduction will be treated as a partial prepayment without 4my prapsymni charge under the Now A Lsglsl a AAafhg i sadvrb Bi&L If euctment or expirstiop of applicable laws has the cArect of rendering any provision oaf the Note or this Security Instrument unenforceable according to its terms. Lender. at its option. may nxpdm imscdime payment in full of all sums secured by this Security Instrument and may invoke any remedies permitted pariWapit blypwWaph 14. If I.wder eaera his aes t option. Lender shag take the steps specified in the second paragraph of 7 14. Ntitlow. Any notice to Borrower provided for in this Security Instrument shall he given by delivering it or by mailing it by fiat etas mail unless applicable low requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender Any notice to Lender shall be given by Ant class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice providod for in this Security Intti umsent shall be deemed to have been given to Borrower or Leader when given a provided in this paragraph. Ili. Cegserslsg Law= SeveraWly. This Security Instrument shall be governed by federal law and the law of the juriadictfon in which the Property is located. In the event that any provision or clause of this Security Instrument or the Note eonf cts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note an declared to be severable. K Bormwar's Dopy. Borrowa shall be given one conformed copy of the Note and of this Security Instrument. 17. Transfer. oaf the Property a a DcoW eW louw st is Borrower. if all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural ..+.rwrl �i....•. 1 Yi.=.�� Vi ...ri=m .two �w u_a- ..�....::� . 4.11 -r 11 pr.....y ....q. •w. • .or w ..vi'i wow.ii., •.►. . itiw�. o a. ..p.. .., .....:. � 1'�7 ii. ..n .,. «. si,. secured by this Security Instrument. However. this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If Loader exercises this option, Lander shall give Borrower notice of acceleration. The notice shall provide a period of not loss than 30 days from the date the notice is ddiverad or mailed within which Borrower must pay all sums secured by *i'A Security Instrument. If Borrower fails to pay rhaW turns -prior ro the expiration of this period. Lender may mv&t any remedies permitted by this Security Irtstrummi ujtbo it furthe r n oucee w demand an Borrower. It. I nrrtowgr'a Right to Rotiaebate. I(Borroars MW.tr ::.,n&m conditions, Borrower shall have the right io havt en(arcemew off '.11his Security .InsiftnaoI disconlinuet1 at any aimt .prior to the tarlwr of (a) 5 days (or such other penced a, applicable law Array gwihr for misstatement) before tale of oho Property jw nuant to any power of ak contained in this 'Srcurlty Instrument; car (b) entry of m judgme tit enfora:eng this Security honor wment Those condetsom are that Borrower: (a) pays Lender Al suers which thn would be due under this Security Instrument and the Note had no Ketleratwrl occurred- (1b) curet any default of sn3 other covenants or Agree•rreents; (c) pays all expenses incurred in enforcing elms Security Instrument. including. but mot 'umited to. rrsasataablc attorneys' fees, and (d) takes such action as Lender may reasonably require to aswre that the lien of this Secwnot Instrument. Lender's rights to the Property and Borrower's obUgation to pay the sums secured by this 5"unty Instrument shall continue unchanged Upon reinstatement by Borrower, this Security Instrument and the obligations secured hereby shall remain fully effective as of no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under paragraphs 13 or 17 A-- i S• - - - -- - rw I