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- — ,t: ,'r�' � __�-_ _._. <br /> •..., . ; - �«. . .._,_ _ _ __ <br /> >" .u- ..,.. .. . <br /> ►93� so�� <br /> �onckmnstion a ott�¢r tN�inj of�ny pirt d tha Propaty.ar fa canvaymoo in Ifau of caWana�tbn�iue hsreby wi�ned�nd <br /> �ull be paid W L.ender. <br /> In the avent oP a tatal teking of the PropeRy.the proceeda ehdl be �tied to tha �umR eecurod by thi� Security <br /> lnspvment.whether or not then dua, with any exceas paid to Barower. !n�hc event of a pa�tlal�akln� oi the Propnty in <br /> which�he falr mufcet valuo af�he Property immedintely beforc the taking is cqua!to o�c grcatcr than tha amouet ot tl�a sums <br /> eecuned by this Securiry Insttument irnmediotaly beforc Iha trking�unkFS Bonnwer w�d L.endar otherwise�grce in writing. <br /> � �� �tw sum�sccwrd by this Secudty lnstrument shull be reduce.�t by the amaunt of thc proceedR multbplied by the fallowinB <br /> frnctian: (a)tho wtel�t�ount of the suma secu�od immedlutcly lxfore IMs laking.divided by(b)ihe fair martet vvua of the <br /> l�nperty immediutely befor+e thc taking. My B�lunce shull be paid to Bortower. In thc cv@nt of a parlial txking of 1he <br /> Property in which the fair market valuo of the Property immedia�ely beforc the taking is kws ihan the arnount of the sums <br /> secured immediatcly before the taking, unlcss Borrawer w�d l.ender Mhervvise agrce in wrf�ing or uniess applicable law <br /> aherwise provldcs.the procee�s stw�ll be applied a the suma secured by this Security lnswmc�t whether or not�he�ums ane <br /> ihen due. <br /> _--- °.-°° lf the Property ia abw�daned by ldorrower,or if.afier nwi�c by L.cnJer w Bu�ww��Lhai ih:.con�.mnor afkrs to m�lce <br /> an awwd or senle u claim for damages,Bor�ower fails to re�pond lo Lender within 30 days u�trr the date the nolice is given. <br /> Lender Is authorized to collect and appFy thc procecds,at ita option.either 10�estoration or rcpair of�he Piaperty or lo the <br /> ��. sums secured by tbis Stcurity Instrumen�whetheror not then due. <br /> Unleas Lender aad Bomawer otherwise agne in writing, any application af proceeda lo pri�cipul shall not extend or <br /> postpone the due date of Ihe monthly poyments referred to in paragraphs 1 and 2 or change the amount of such payments. <br /> ll. Borrnwer Not Released; Mbrbearaace By I.ender NM n Waiver. Extension of the tMe for payrnent ur <br /> modificution of amottixation of the sums secured by this Security lnatniment gra�ted by I.ender to any succeesor in intercst <br /> � � - = - of Borrower shall not operate to rel@ttse the liubility of ihe original Borrower or Borrower`s successars in interest.i.ender <br />- , shall not 6e required to commance proceedings against any succe�sor io interest or refuse to eatend time for payment or <br />° otherwise modiTy amoAization of the xums secured by thi�Securiry Instrument by reason of ony demnnd made by the originul <br /> - , � Burrower or Borcower's successors in interest. Any forbearance by Lender in eaercising any right or remedy slwll not be a <br /> ^ w�iwer of or preclude the exercise of tmy dght or rcmedy. <br /> •:Y�+; 12. Snccessors and Assigina Rauad;Joinf And Several Liability; Casignerx. The covenan�.s und agreements of this <br />-�- .Socudty Instn�ment ahall bind�nd benefit the successors and nqsigns of Lender and Barrower,su6jec�to the provi�ions of <br /> ��a_ � pan►graph 17. Barrawert covenwus and agreements shall be joint und reveral.Any Borrower who co-signs thia Security - <br /> -�' lnqtument but does not execute the Note: (u)is co-signing Ihis Seeurity lnstrument only ta mortguge.grsint and convey thet <br /> k 8urro�ver's interest in the Property under the�ermsof tliis Secudty Instrument; (b)is not personnlly abligated to puy the sumv <br /> seaurud by this Securlty Instrume�t;and(c)ngrees that L.ende�aod any other Borcawer muy agree to extend,modify,forbeur <br /> . or mAke any accommada�ians wilh ngurd to thr tenns of�his Security Instrumenl or the Note wi�hout lhat Borrawerk <br /> _}__ �_, conraant, <br /> �?}�?' �,,, 13. l.oen Chprges. If the loan�;ecurcd by th�s Securi�y Instrument is su6ject �o a law which sets maximum loan <br /> cha�ge►.nnd�hsu luw is finally interpreted sa thnt�he interetit or oiher IoAn churges collected or ta be callected in connection <br /> _ ' t'�`�'°� with tha ioan exceed the permiued limils,then: (u1 nny nuch loan churge yhall be rcduced by the amoum necesxwy to reduce <br /> iQ����`��•."i� Ihp charge to the permitted limit;and (b)any sums nlready edlected from Barrower which exceeded pertnitted limits will he " <br /> ;.. mfunddd�to Borrower. Lender may chootie to mnke thix�fund by reducing�he principal owed under the Nok ar by mnking u _ <br /> ��� � dimct ppyment to Borrower. If a refund reduces principul,�he reduc�ion will Be treated uc u puninl pr,epayment without any ° <br /> '�;� �.,, pmpuymam•charge under the Notc. <br /> W.. NoHces. Any notice ta Bortower pmvided fiir in�his Security Instrument shall be given by delivering it ar by <br /> mailing i1�by first cluss muil unlex.applicnble Ivw reyuia:�use�t'a�other method.The naice xhull be directed to the Propeny <br />� �` Yr►'��+` Addttr.y nr any other uddrexx Bortawer dexignnten hy nrnicc lo l.ender. Any notice to Lender tihull be given by first ctars <br /> �'�'"�' muil�ln•L•ender's nddmsti s�uted hercin or uny othcraddres,Lrnderdesignutes by notice to Borrower. Any nake provided for <br /> in•Ihis:Security Inxtniment ,hall be Jcemed to Iwvc b�Mn given tn Bortnwer or Lender when given nx pmvided in this <br /> . aro m h <br />..^ '` ' �°i1•.`` P 81g Governing l.aw; SeverabiNly. Thi+ Serurity Inslrurnent �hull hc govemed by fedcrul law c�nd the law of the <br /> -�_"�'�','-'"' ' ��'; judsdlotion in which the Pmpeny i�kxuted. In tlx event thut any provi�ian or rluuse of thin Security Inhtrument or the Note <br /> ._-;::t�i,�,��:�;:��;:,: ° cantlic�s wi�h upplicable law.xuch rnn0ict,hull uui afl'rcI uitiri p�uvi,iun,of thi,Sccurity {n,,trumcnt or thc Notc w fiich can - <br /> .i � �•��j�''�+��i►�'� be rven effect wilhout Ihe cont7ictin mvixion. Tii this enJ tlx rovi�ions of thi.Securit Ins�rument und the Nate ure <br /> ,� :w-;;•,..,.;.� �� S P p Y <br /> _ •�: <br /> declared lo be severable. <br /> 7��� "�� ',��. 16. Borrowe�'s C Born�wer�hull Ix �iven one canti�rmed co of Ihe Note and��f ihis Securil Inslniment. <br /> . ,� ,,.., � • � ry r <br /> '•�"•'�' �1 '�' 17. 7YansPer of the �operty or a Beneiicinl Interc�►t in Horrower. If aU or any purt��f the Pro�ny ur any intcrest in <br /> .�.rn�;.•., �_ .. . <br /> ;;,�, . „ it iti �oIJ or trunsferrrd (or if'n lxncl icia! irxrrrtii in Bormwer iz xokl or trun.ferreJ and Borroaer i,not u natural person) <br /> X �. •�;�:;. without Lenderk priar written conxent.Lcndcr may,u�its�pifon,nyuirc immrdiulr puyment in full of ull sums secured by _ <br /> � „ thi�Security In��rumem. However.�hir�iption slall nw be exerci�ed by l.�roder it'excrcise is prohibited by iederul Is�w as of <br /> the dutc of thir:Security lnstrument. <br /> _ +� a:�,... If Lender exercises Ihix oplion.I.eixicr.h:ill givc Burniwer ix�tire ot'acccleru�i�►n. Thr nu�irr,hull provide a�xriud of - <br /> _ �����•, <br /> : .. nd les+Ihan 30 d�ys from Ihe dul�the nutkc i+delivenJ ar mailrJ within which Burriiwcr mu.�p•ry all tiumti.erured by Ihi� _ <br /> � � `°�- Securily Inslrument. If Bormwer fail� t�► pay thesr smm pri�,r io �he rxpiruti�m nf thi+ �riod, Lendcr muy invake any ° <br /> -���ts. -. <br /> '" �'"'°�� .°'?,�� remedies pertnitted by this Sccurity In,trum�nt aiihuu�funhrr nrnice ix drmund un Borru�vcr. <br />- , � �`•�: .:_ .,; 1& Borrower's RiRht !o Reinslate. It'Born►x•cr mcel.y cenuin conJiiion,, Burru�vcr �hall h�v� Ihe righl �o have - <br /> � enforcement of�his Security Ins�rumrm di,corninucd at any iime prior a�the earlirr ol': lul 5 duys Ior xuch other pericxi us � <br /> �, ' - <br /> �� • ., Singl.Frmily•-F'rnnk\fae4i�eddk�fae l�NlFUlt�1 I�1tiTRl'�IF:NT••Unilom�Cu��cn:un. 9/90 qk��r J�y n�a�pr�i - <br /> , ,�,���' . <br /> �4 '`.: .. . .1y{,I��.� � .. ' . . — <br /> . ._� . 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