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<br /> "'�f 7,Pvot�atlen of Laeedsr'a �lp@�tn tiro�repa�y. It Bomvrer tnits to pct(ortn tho covennnts nnd ngresmcnta �-
<br /> --- - ---...����.w .t..�se tw e�a.w..a+lv fw�nh as
<br /> ;� eonWned In this 8ecudiy lnetrument�ar thero is a legs�preccrding coai may oy���������y a�.�.,...•...,....s..n..... ... ..._.._�_.., , _--
<br /> u proecarf:np tn Ctu►Iwptcy,probato,tar eendemnstten or tortelturo or to ar�4orco ts�vs ar regulaUono),then Lender may do and pey for __
<br /> � whetever ts necessery to proteat tho veNe ot the Properiy and Lend�r's�EBMe [n the Propedy Lender'e actions may tnciudo paytrtg � �
<br /> any surns eeaured by e aen kvhloh han prtadty ov�r thla&eeurtiy Inatrumas��eppeadng fn court, pa3Ang reasonabto uttem�r's tess end � -
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<br />_ , -� etrteriv�p on tha property to malce repaira Aithough Lendcr may toke ecUon under thta paragzapb 7,Lendar doas not havo to do no. �
<br /> Any emovnts disbursed by Lender und� this paregraph 7 ehnll beeome addiBonai debt of Borrower secured by this S�acudiy
<br /> . lasp�u�er�4. 4lnl:.� Barra:�a crtd Lenclzr c?ree to other terens ot puymcnt, thaso amountES shNi bear interost trom tho dnto of � �_:
<br /> ;s� i"p� �Ila�umement at the Note rate and nha11 be payable,with intaest,upon nottce hosn Lender to Berrow�requeaUng payment
<br /> 8.!lAO�tgags 1�&uf8e�ce. tf lender requtrsd mortgage tnsu�ance an m condittan of R,aWrtg the toan eseuiad by this Securiiy
<br /> ,.�__'���` � Inatrument,Borroti+r�shail pay the premluma reqaU�ed to matntnin the mortgege tnsurance in�flecG It,for any reasan, the mortgage � _
<br /> �";�_ . Mauranee coverege required by Lender lepse�or ceaaes to be In effecL Borrowe►ehall pay the prert►tums requlred to obinin covernge -
<br /> � sub�tantEe�Hy equNNent to the mortgage Insurence prevlously In eflect�at e cast substentlaUy equivalEnt to the aost to Borrovrer ot the _
<br /> t8
<br /> '�--- --3 mor¢gage fnsurance prertousy in c�ItecL irom an attemste ntortgage insurer approved by Lender. It substenttaly equHateM meAgage
<br />- � tnsurance oovera9e ts not eveitable, 8orrower shati puy to Lendsr cach month e sum equaf to one�twel8h of the yearly modpage �
<br /> �.
<br /> ,� Insurance premtum be1n8 Patd by Borrower when the inauranee a�verage lapsed ar ceased to be in eNect Lender w(Il eccept,use and
<br /> retatn these paymenta as a loss reseiva in Ileu of mortgage insurance. Wss res�ve RaYments may no tanger be requtred, at the
<br /> , , optton of Lertder, M moRgage tnsurence covera9e M Me amourit and tor the pertod that Lender requfres) provlded by an inaur�
<br /> . • cspprnved by Lender egatn becomes avatlablo end is obtalned. Bortower sheU pay the premtums required to mcintalr► mortqage
<br /> -'f-•�s-`,•�.: tnsuranco In eftect. or to provlde a taas �eserva un�l the requiremeM for mertgage (nsutance ends in aecoMance witM any wiitten
<br />- egreement between 8onower and Lender or applica'b}a I�w.
<br />-= 9.Qwg��a�. {„�d�or(ts ag�t r�ey mske�easonnble entrtes upon and InspeaUona ot the PropeRy. Lender aliall ghre
<br />�_.�Y.:..,.;� Borroaer no8ce at the tlme of or pdor to sn Inspectton sp�tfyr(rtg reasonable cause tor the tnepaGton.
<br /> °-�:a,,• ,� 1Q. Condemnatton. The ptocseds of eny award or c�tm tar demages� dfrect or consequentEel. in connecdon witti emy
<br />__ �- �.i
<br /> condemnaUon or other tafdng of eny part o?the Properiy. or ter canveyanee in tieu of cendemnatlon.ere herelsy assl�ed and r�hafl be
<br /> �:,;,�-.:r�..r ,_
<br /> �,�,:.,� , patd to L,ender.
<br /> in the event ot a totat teldrtg of the ProperlY. tl►e pmce�s shaA ba epplted to the sums secured by �whi�ch U�ie felr�merket
<br /> -- � whe�ihzr or rtot then due.wiM amt exces� Peld to Bortowef ln Yho event of a partfal tatdng o!the ProPeriy
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<br />.-t�`'.,�,'F wMm o4 the Propeiiy Immedtatdy betore the midng ta equel to or �eater then the emouM of the sums secured by thta 3eatrfly
<br /> r:rr_;;;�• • lnstirument Mmedfatebr betor�e the taldng, untesa Borrower end Lender otherv+ise agree in wddrt9� the sums secured by this Sewdly
<br /> :-Q y'�� instrument eh+iil 6e seduced by Uta emouM of the proeeeda multlPited bY tho toilowing fraaUon: (a) tho 4o?at emouat of the sums
<br /> W"'_r�;-�`,� secared immedlaby beforo the taWng�divtded bY N)the fatr mazket vetue of tha Property i;nmedtatety befcre the taldng.Any be�anaa
<br /> -���'_;��'��+� shall 6s paid to 8onowef ln the event oi a partlal teldn8 0}tho F+uAertY fi whtch the tair market value of the PropeKy immedfateTy
<br /> -- .;�-''"'`� l�S�43x L+��4a t!� �the�em Iaw o eiwise provides,�thie proce$ds� a��be ePPYed w`the sams sewred oy tn ^acu�� ,
<br /> "--°"'='� agi+ee i� wdtln9 cr untose aAP
<br /> -"'��"'}� Inabument whether or rtot the eums are then due.
<br /> �-"`-° N the Properiy ts absndoned by Borrowet.or H.aRer no8ce by Le�►det to Bono�ver that the eortdemnor oftars to make an awitd or
<br /> '-'� aattle 4 dalm for damageo�8otrower teHs to respae+d to Lertder wfth(n SO days afDer 4he date the ooUee is giv�.Lendra is autho�ed
<br /> �"��� to co9ect and apply the Proceeda eZ i� oPtlon,efther to restoratlon or repeir of the Properry or to the sums secured by thia Seeutity
<br /> .,"t� — InsiamenL whether or not then due.
<br /> - - -- tfitesa Lender end Barrower othewtse agree In wiiting,any appaaatton ot proc�eds to P�+��shaU�ot mdend or poatpone the
<br /> _== due dnte o7 the moMhty PaYmetrts referted to in pnragraphs 1 and 2 or ehange the amount of aueh payments.
<br /> -_=_- __= 11.Borr�um�Nat Reteased: Forbearanc+�By L.�ender No!a Wairar. E�ension ot u+e ttme tor vsm'�� or
<br /> -__ = med(BcaUon ot emart�etton of the sums secured by thls Secudly it�trumerd gr�ntec!bY l.ender to eiry suaoesaor in tntxeat ot Bortawa
<br /> -- ahaB no!operate to release tha OaUiIA�/o!the orl�inal Botrovrer or Borrovrers suacessore in iMerest. Lende►shall not be teqNoed to
<br /> �ee procen�rt�s egainst any sua�ssor in Enterest or retuae to e�Qe�►d time tor payment or otl�e�wlse modity emortit�dian ot the
<br /> euma sewred by thia Secu�l inatrument by reason of aml demand made by the odgirtal Borrower or Borrewds suocessors tn .
<br /> I�t�ert, pny torbearence by Lende�in enerdsMII anY dght or reme�y shaY n�t De a wahrer of ot predude the exerdse of any dght or
<br /> nmedY-
<br /> 12.8ucc�ssors and As�s3�ns �ound; Joirn and Ssvaral t3ability;Co-a6�gnere. 7he cov�eMa ana
<br /> - a�eements of this Securtty InsWrneN shall b5�d end benefit the succesaors and ea3tgns:m�t 1.ender end Bo�rower, subject to the
<br /> --- - provislons ot paragr�ph 1�. BoROwer'e cnven8rtls end a9tee�ner[is 6hafl be JofM end sever&1: Itiny Borrovier who ao�ifgns thts Secu�ity
<br /> ��� IrtaLUrtrs�nt but does rto! execute the Nota: la) ts co-signing thts 3eewity 1nsWmenY oniy to mortfya�, gran� and comey thet
<br /> Boaowere Y�4�eat in the ProPe�h under tha terms ai thb Secttrlty Inslrume� db)ta nat personaUy oblignted to pay the sums eeoured
<br /> �� by tl�la Secu�ttY Instrume� er►d (e)e9rees thnt lertder and any otAer Borro xa may agre� to �dend. modty,torbear or make eny
<br /> accomnodattons wltt�regnrd to 4r�at this 8ecurtty ins4ument or tRe{�tate without that ee�rower•s csnsen�
<br /> `�� 1d.Lpan¢�M�ge�. If ihe loan se�red bY thia SecurMY�netrum� 4 subJeai to a Iaw whieh sets meximum toan charges.
<br /> end that law ta ftnaMy IMerprated so that tho 6�ic�est or othe*toan char9�'.mo�eded or to be coltected In connectlon v�th tfie loan
<br /> -- exoeed the pennrited IhnEte.then; (e)enY euch loan charges shall be��cea7 by the amout►t neceseary to reduee ihe charge to the
<br /> - pe�tted ifrtd�and(b)s�►Y sums already coitected trom 8omawer whtch eceeeded pemdlted I�ta w3U be�unded to Bomower. Lender
<br /> ,`x.. --_- "- mar�choose to make ffita re."und Ay redudng tho prfndpal oxred und� tAe Note or by maWng a dtrect paymmt to Bortower. tf a
<br /> :{ v'� ra'hmd reduces princ�at.the reduetton wiD be treated as a pat�at PrepnYn'ie�wfthout anY�eP�eM charge unda the llote.
<br /> --�"�-�-���� 14.NoYic�a Ar�y+noUce to Bomower p►ovided tor In this Secwfty InsUumerR shs�ba y'ven by dellvedng It a bY�8 K�11
<br /> _w=t���e
<br /> - _-±,_.,�,� Msi dasa ma�untess appltcab;a law requires use of ar�other meihod 'Iisa nonce shaA be d(rected to the P4roperty or eny
<br /> ---�-��'� othv addrese 8mrovrer doslgnaD�s bY noUce to Lender. My no�eo to Le9�r shall be�iven by tirst dass maU to Lendds nddress
<br /> ----=°"�"�� sl�tM he�tn or eny nther nddresa Lender designates by noUce to Bomuwa My noSce provfded tor in thts 3eairtty tnatrumc�nt aheB
<br /> w-..::.:j°�
<br /> -��:�:�_�r� lxg deem¢d to have been gNen to Bamdv��or Lender when glren as provided In this pera�aph.
<br /> �_,��;;,,k`='!� 1S.GOVeming I.ANr: 88vafdbllky. Thfu SeoudlY Instrument atea8 be govemed by federet Iaw end tho tew of tha
<br /> - =:~�� j�ris�atton tn whtch the Ptoperiy►Is locffied In tho evert that any►pmviston or dause ot thls�ewttty InaUummt or the Note aott�ak�
<br /> `_ �-��-, �h,.neue��le taw.such cm�id she8 �ot etteat other pr�ovislor�a o1 this SearftY Inswmertt or the Note whEch cen be ghrcn efteat
<br /> -°--�r-r�� wtthout 1he contltcUng provtston. 7o Nts end the pror�lons o}tht�Sec�riry in�aument er�o tee i�oie me aar:�ed io ba oa.a:�
<br /> ^-�=''�'"� 18.60TrOwe�'8 COpy. Bortower shaY be gtren one erontomied copy of the Note and ot thls Se�itty Instrurrtent
<br /> •�� � t7.Tranater a�f the�rsperty or a�eneftWat t�eres! tn�orra�war. tf aU or at►y part o? the Propc�tyt or etry
<br /> 't. ;.�,.:n,,
<br /> �<',;���.�::_�.� int�est In tt ts spld or Uensterred (w it a�enelWal Mterest tn @artower is sold o�henafemed end Boaawer la not a naturat pason)
<br /> "'-:.4�- ;. ..�.., witAout Lende�s prtor mitten consent Lend�may.at Its optton.resNire t�rerte�ate PaYmert tn tt�of ell sums sacured by this Seourtty
<br /> �' inshume�t However.thfs optton eha7 not ba exerdsed by Lcrtder H exe�dse ta proh0lted by ted�at Iaw as o!the d3to of thIa Scwrfry
<br /> ... .. �``` :�Y, tnstrumeM.
<br />—. �'-. - Ii Leader exErds�s tRTs oyttoa.l�der shalt gka Borrower no�ce af eeederatton. The rtottce shall prortdo a pertod ot not te�ss
<br /> . . then SO days trom the date the eoUoa Is dellrered or mailed wtthin�Y�ich the Bortower muat paY aD sums eecured bY thts S�dry
<br /> .. °,.� .'�� -i InstrumeM. It 8orrawer feDs to pay thesa Bums pd°T to the e�lration of tAts petlad.lenda may tmoko erry remedtes pertntited by thls
<br /> �� � _,.r� � Se�cuurity Insbumetn wtthdut turther no8eo or da+samd an Bomawer. Form LDZO 9I90
<br /> .. Ff029.LM0(3J94) Papo 3 ot S
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