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<br />A.
<br />89-104181
<br />If Under required mortgage insurance as a condition of making the loan secured by this Security Instrument.
<br />Borrower shill pay the pmniums required to maintain the insurance it. effect until such time as the requinment. for the
<br />insurance tenninues in accordance with Borrower's and Lender's written agreement a applicable law.
<br />& latepwdesi. Linder or its agent may make reasonable entries upon and inspectioto of the Property. Lender
<br />shall give borrower notice as the time of or prior to an inspection specifying reasonable cauw for the inspection.
<br />9. Cmill tit msdoz. 1rw , a r , , 4o ofany award or claim for dameM direct or consequential. in connection with
<br />any condemnation or otter taking of any pan of the Property, or for conveyance in lieu of caWkwiiiatim we baft
<br />assigned md"be paid toLender.
<br />In the event of a total taking of the Property. the proceeds shall be 4*ie, ter: fia, Sim secured by this Security
<br />tastraasettt, whether or not then due, with any excim paid to Borrower, taking cif the Property.
<br />maless Borrower and L=der otherwise Wee in wojiv& the sums sww4-d." *%=MS412Amm=Ki'dW11be reduced by
<br />itlic amount of the promills multiplied by the Mowing fraction:
<br />before the tgdn& divided by (b) the fair riusr� value of the Property y ballance-4*41&-
<br />If the Property is abandoned by Borrower, or if. after notice by Lender to Borrower that the taia.&imnor ciders to
<br />intake an award or settle a chum for darnages. Borrower fads to respond to Lender within 30 days after Oe4att the:;iSt i e is
<br />JpvM Letada is authorized to collcctia4 apply the proceeds. at its option, either to rest raOanorrepairofthcPr6poi jor
<br />to the sums secured by this Security Instrument, whether or not then due.
<br />UnIcis Lender and Borrower odter*ise agrftin writing, any application of procceib it . 3 principal shall not exiied or
<br />postpone the due date of the monthly payments refamd to in paragraphs I and 2 or change the amount a( such payments.
<br />It Daiana Not Rekave* Forbewmice-18y lender Not a Waiver. Esunnion of the z*.- for payment or
<br />modification of amwi="ion oir the sourns secured by this Security Instrument granted by Lender to any successor in
<br />interest or Sornmer shall not operate to release the liability of the original ]Borrower or Borrower's successors in iwtrest.
<br />Lender shall,ant-, be enquired to commence proceedings against any successor in interest or refuse to CTtend.16' M- for
<br />ptyvmt or othffwise vux* amortization of the sumssecured by this Security Instrument by reason
<br />by the original Borrower iii: Borrower's successors in wterem. Any forbearance by Lender in exercisingw'r right or.V=3 edy
<br />shall not he 9 waiver of or preclude, the citeraw of any right or remedy.
<br />11. S-- r,, - -- sad Anips Been* J" aid Several Udift; C-a-tignem Time aavenants and agrecmeruof
<br />tNs Security Instrument shall Vhd and benefit the successors and assigns of Lender and 13or,-jwcr. subject to the provisions
<br />of-paragraph 17. Bormwe%covenants and agreements shall be joint and several. Any Borrower who co-signs this Security
<br />lAstrument but does not ezwute the Note- (a) is co-dgning this Security Instrument only to mortgage, grant and convey
<br />that Borrower's interest in The Property under the terms of this Security Instrument; (b) is not personally obligated to pay
<br />the sums mured by this Security Instrument. and (c) agrees that Lender and any tither Borrower may agree to exterxL
<br />modify, forbear or nuke any accommodations with regard to the terms of this Security Instrument or the Note without
<br />Ow Borrower's consent.
<br />IL l4waftorgm If the loan secured by this Security Instrument is subject to law which sets maximum loan
<br />r*&-.Xes, and that law is finally interpreted so that the interest or other Ican charges collected or to be collected in
<br />cimnection widen the loan exceed the permitted limits. then: (a) any such loan chary: shall be reduced by the amount
<br />mmessary to reduce the charge to the permitted limit; and (h) any sums alre{dy.colla lt on Borrower which exceeded
<br />pzrrnitted funits will be refunded to Borrower. Lender may choose to maklib iis refund by reducing the principal owed
<br />,ire ilex the Note or by making a direct payment to Borrower. If a refund rcduanq,;'incipal. the reduction will be treated as a
<br />pisr... Jal prepayment without any prepayment charge under the Note
<br />13. Le"tM Affsefift Lender's Riots. if enactment or expim�'11;n of applicable laws has the effect of
<br />r,v.We',-;ns any provision of the Note or this Security Instrument unenforceAhle according to its terms. Lender, at its option,
<br />quire immediate payment in full 4 all sums %wured by Am Secomy Insortiment and may invoke any reinediec.
<br />-rAmitted by paragraph 19, If Lender exercises the: of--tion. Lender shall take the steps specified in the second paragraph ref
<br />t
<br />paragraph 17
<br />14. Netkim Any notice to 13tiro4ter prim-t:ed for in this %ecunty Instrument shall be given by delivenrigi-,*r by
<br />mailing it by first class mail unless applicable law require% use of another method. I he notice shall be directed to the
<br />Property Address or any other address Borrower die 4nate% by notice to t—erder- Any notice to Lender .ball be given by
<br />fist class mail to Lender's address stated herein or. awl other address Lender-4w rates by notice to &wT*,*er- Any notice
<br />lxmided fur in this Security Instrument shall bedem-.od to have heen given.i,T Ak,�.rovver or Lender whwtjoven as provided
<br />In this paragraph.
<br />�paemd- Ivy federal law and the U* iX the
<br />15. Gqpermft Law. SeveralMlity. This Security Instruinent shall 1*,v
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<br />jurisdiction in which the Property is located. In the event that any provistc-M or i:ia•-�st, I this Security Instrument at the
<br />Note conflicts with applicable law. such conflict shall not affect other prw, vaoraq ass - this Security Instrument or tine Note
<br />which cats be given effect without the conflicting provision To this end the �w,,)v.isioYvsof this Smunly Instrunt"et,and the
<br />Note are decked to be seterablc.
<br />116. In -wei'sCope. borrower shall be given (me vwdbrmcd copy of the Note and of this Security Instrument.
<br />17. Tramehr of tie Property or a Beseficlial Interest is Borrower. If all or any part of the Property or any
<br />interest in &I is soldor tranflerfed (or if a beneficial interest in Borrower is sold or tran%lerred and Borrower is not a natural
<br />;xiisvni without Lender's prior written consent. LvrKkr may, at its option. require immediate payment in full of all sums
<br />wcured by this Security Instrument. However, th% option shall not be exercised by Under if exerciw is prohibited by
<br />federal law as of the date of this Security Instrument.
<br />If I Aiidei exercises thisopnon, Lender shall give Hoirrower notice of a"viciation. The notice shall provide a period
<br />o(not less z hats 30 days from the date the notice is delivered or maukd within which Borrower must pay all sums secured by
<br />this Security Ins4nuntat- If Borrower fails to pay these sums pncw to the expiration of this pen d. Lender may invoke any
<br />rfRKVMS p0mitteGby thnSdicurity Instrument Wiftiol further notice or demand on Maurer
<br />111. Dsriswtar's Riot b Reinstall. If Borrower meevi certm cAmdttmm5. Hof rower shall have the right to hale
<br />enfiwcemmi (A ohm Security Instrument discontinued at any time prior to The earlier -Pf (a) 5 days for such other period as
<br />uppilicable I&* my smify for reinstatement) before *Ale 4 the Property pursuant to any power of sale contatmd in this
<br />Siftunty Irmunwrit, tv 01.4ciiiry of a judgment enfimcing this Secunty Instrument I livne condition, are that toot rower
<br />(a) pays bender all sums which then would he due under this Secuniv instrument and the Nate had no accelerAlmn
<br />(wturred Q) cures any default r• any other covenants or agreements. (cp pays all expenses m6ryed in enforcing this
<br />Securely lrtsysuw►I, frOwlifix but rKbi limited tt�, and Udi takes such &L-twin, as Lender may
<br />feMonfilitv imwre to mmire that the lien of this Sftuniy Instrument. Lender's tight. in the Pt4Vwy and W nowes's
<br />06401'.-► to pay the sums secured by this Security Instrument shall cfemnue unchanged Upen reinstatement by
<br />K-Wiftwer. e his s�ftljfdy Iftwunient "the hrrehy %hali remain fully effective• V, if fit, Iti4xitisittyll Vad
<br />Ociulred Iffwevet. vht-.r*t to ireiriviste %hill nol apply inthecase(A a.ccletati-tin under r-afavaphs, I ;(!: t7
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