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<br /> � . ; � � a3.the optian ot Leade'.i!m�tnavrance coverage�i:i tt►a amount and ior tl�e p���der`reqvlres) ___
<br />- pra+�dad by a�iasiu+er appro v a d by L e n d e r a g a ia�e a omes�e v�i le b lo aa d�e o b t e i a e d.B a�m�rer s�il�pey t l i e p t e m�ums g-=:—_---
<br /> 1 ' -- ;�' . r�q�n�sd tn�aintaim m�ortgage ina�unn�tn efieck or to psEwlda�1�rosarvo�wuil tt�rnquttement,tor,a�ort�ga , t. �.�,�_ --�
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<br /> �- ���_'��- . �9.�nspe�toa,Len�ejr or its ageut may�ma�cra�soeabte eat�tes�smQ inspa�donaof�t�te�...�.Y .Lendat ef�ali . � ��,�- �
<br /> h� ���:, . �` givo Barrawer n+usi�aant tlts time of or�rtor�o an inspeccian speci�yingrea�onpble cause�or the it�pocdon. ,�r __ =
<br />- ` "������ �. • IR Coademue�ioa�.'I'�e�r�oee�s oi auy award or clai�n tor damag�direct 6r onnsequent�af.ia oo�ratectiofl wltQ �` -
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<br />_ ,� �. �s �-� . , anq oarideinnatton,or ott�ar akiag of e�►�rt of tha Property.or for oonveyanoa in tteu of aund6mne8on.at+e hereby ' ` '�';�'� -
<br /> ��,�=._,'�-� asaigued and sha11 ba pa�d w Leader. . . '� :;�-� ._�"".
<br /> ` � '� F� � �In�the.even�of e tatal taldng oi tua Property.tha proaeds sha�tl bs appliod to tho sums�ecurad by thia Secutity .b .:s�` '� �:.'.
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<br /> �-t �, o . f�sae�ne�A.Hhethar or aot�ea due.with enyo�paid to�rrower,I�tAeevene ota paraai iainng btthe Propa,ny in „ � -,
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<br /> :, - - - - _--s�bia�ilitte9�8it!m�tk8l-1►8Iu�Oi tha Plopert�t fmtrt@diatel�►beimte thB tplc3Ag,is CquaJ_Lo or greani tban�the anlount of thn . •�- " �-
<br /> suma a�teb 6�sbia Secunitq Insttu�eat_immodintelq beiore th�e tektng,untes�$osrower and Lauder otherwisa sgree � G- " ` � � -
<br /> A`^��{ k .���,L , .in�vriting.t�e swna�d by ttua Security Inswment sttail be reduoed bp the amouat of tha p�vo�ads muldplied by , "u�F 4;`:,
<br /> " :�ti. :. :. '� the tollowi n g frattion:(s)tha mtai amaunt of tAe sums socured immediately befora tho takin�.dividad by(b)the isir a ,:. °:• .. . �,; �
<br /> �- •=,.`, :. �� ` • before the mtcin balaaae shsll ba d to H nrrower.In tha evens ot a .� :.. ..e:�.
<br /> ..� .� ° .� iaarlcet value of tha Fropa�tg immadiatal3► & AnY P� � � .
<br /> �,,�"_.'�°.��::` :.° partial�mg of tt�e Frappr6y in�w�icb•the feir market value of the Ptvperty immediatetg beiore the tatcing is la�s tnan '�::=' _. .:.`"`�.:
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<br /> >.: :-., �• . : .: ��` ti�'����,�,'���;'
<br /> :F..,,` .:�;";�,,:�.� �. the amount af t�e sur�sacumd tmmediataly belore the taYing;unless Bomower and Lender otteerarisa agrea in adting �� �;--Y��
<br /> - <.:. . "':`` ,..4 or uatess applicabla law mttte�r�vesa provides. the pmoeecls a�all be applied m the sutns sec�med bp t63a Security `..`:. `- � :::�:�
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<br />�;�, .�'=�;�" Instrument w�ether or aot thesums afc then dua. ` -,`"•
<br /> ;y - - If tha Property is abaadflned Dy Bortower.or it.atter aotioe bp Le,�der to Borrowet thst the condemnor ottees to °'� ;_ _ ` '�''�
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<br />�;��;�_ . <�s .:�- mafc�an award or settle a claim for damag�s.Barco�rer falIs to r�spond to Leader within 30 days atter tlte date the �`, L � �;
<br />�,,;, .r_�-� �="��`°`• noticz Fs given.Lender is authQrizod to witect and apply the pmreeda at iteopsioq eitfler to resooratian or rc�rair ot the -�= ��
<br /> . ; P�p�,re�,or w.tha swna�ecu�a3.by this Se�c�n�it�►Instrument,whether or not then d� ,`. ,fr,t��:
<br /> �"'° �- `�> tJate�Le�rdac c�nd Bormt�er othervris�agrea in wri�ing,anq application oi praoeeds to grina.gai shall aot estend ar ,.� .. �".;
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<br /> ��<� -� �..::� .��'Y postgona the due dsoa of the tnontttly.payments refetred to in pareg�aphs 1 and 2 or ct�ange the amount of such ,F�., k° �:, .;::. :
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<br /> � , � QSj(f71811t8. �." ��. J t :''"�ti;:
<br />�' � �`xti� � ' � , �t.Horrower Not�Sie�d; Far�ea�anca�y Lender Not s Wsiver.Eat�nsion ui the ama for paqinent or .� : . . � �t�
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<br /> `'..�S;:` `" �es�dc�"�ation of amortizatiomaf�1►e aums r�cured by thia Security Iastrument gcanted by Le�eder t+o any sucoeasor in . . ' . �.:,:
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<br /> i��e�c:of 8orrower shalt :r,�g��ate ta cElease the liability oi the originat Em�mwer or Barrowe�s successo�s in , . . �s`:�t�V--
<br /> � , ° . �: , �a�.I.ender st�all aot be'rbquired to commence proceedings agaiust any saocessor ia interest or re4u�.to eatead _ . - _
<br /> � r�`'.:,�:`; �rtie�or payment qr otherwisa m a d i fy amor�2ation o i t he suras secu n e d by t i�i s Security Inswment by reasoa o f any � � ?
<br /> ��V, `, d�and made by the original Borrower or Borrower's successoss in interes�Anq forbearance by Lender iu eser�ising - :.4,�. `"�5� �:ts
<br /> `"��;,. `►��` �ang r�t�tor remedy shall aot be a waiver of or precluda the esercise of any rigbtar ce�nedy. • - _ _���,;y�
<br /> � . ;„°.� c,= ���.Sucoessora qud Assigna Bound;soint and Saveral I.ia6ility;C�s�p�r�s.'I7�e covenaats and ag,ceemen4s � - p
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<br /> � . it�this Sesurity'�tshvmeat shall bind and bene�t tha suoaes9ors aad assigas a��der and Eotrower,subject m the . ` ,
<br /> - grc�risians of�pb 17.Botrowefs ca��is and agreemeats shali be jait�t zu�.sevecal.A.ag ffanoarer who oo�signs . � . =`�.`_
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<br /> � ` t�ta`Security Insavment but does not ea�.�xha Not� (a1 ia co signing this�ty Inst�eat oniy to mortgage+ ` • . "}`
<br /> � 1 ��.; - . :. gi�t aicd convey that Borcur��r's interest ia the Property under tha terms aF�Secnrity�nswrnen�(b) ia not , , � �i u_
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<br /> d�;�: .°�;���;.,,.,,;c:.;.: . , !1 obli ted w tAe.suma secured b thia Securi . F'
<br /> ��� ,:;_,�;i�-:...., P� Y � PaY . Y tY Instnrmen�sud.(c��that I.euder aad auy othet ... �,,..
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<br /> ,-, � ;�_y.,;r,��.. Boaro�rer may agree w eaten8.��dify,forbear or make say avaommadations wit�regard to the te�ms af tT��ecurity .
<br /> - } .„: ��';". ; , Iastrument or the�1Tate withotit that Borrower's consent. � � .. � _ i,��>
<br /> ` ± � - � ' 13.Loan Cfiarges.lf the loan secured by this Security las�cument�a subject to a law which seta masimum inan ' �� '"���8:'_=
<br /> Y � ' � chatges„and that law is finally interpreted so that tha interest or other laan charges collected or to be collected in , �:�, �•���t
<br /> �� . :'",; � � coanection with the loan e$ce�d the permitted limits.then:(e� any such toan charga eha11 be reduced by tite amount . , �, - '�`
<br /> .�_-<;� � � nao�ary to reduce the charga m the permitted limit;and (b)any sums already collected from Boira�er wluch �� �`
<br /> , � . ..�. estxeded permitted Iimits ai11 ba sefunded to Borrower. l.ender may choose to make this refund by redricing the _ � � �,. '',
<br /> �: ' � ...��� principal owed�ind�t the IJota or by makin,g a direct payment to Horrower.If a refund reduces pr'sncipal,tha reduction � _ �
<br /> ! . � , will be treated as a pa�sial prepayment without any prepayment charge ander the Nota.
<br /> ; � 14.Notices.Any notice t�o Borrower provided ior ia this S�ts instrument shall be givecs�y delizereng it or by `�" �
<br /> ` ' � maiiing it by tirst class mait r,�u;ess applicable law requie�s ase of agcaa�er metfiaa.The notice shatt be�in•cted to the , ' ,
<br /> —°^ � �- Property Addres�or any oL�ez eddtess Borrower design�tes b�n�tice vn iLen@er.f�J notica to Lendcr siialF i-�glven by . �
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<br /> � � '. � tirst class mail w Lender's address stated Aerein os any oaher a�3dcess�,ender designates by notice to Harns��r.Any . �� �' •
<br /> t �; � � notice pmvided fdr 9n this Security Instrument sha11 be deemed to 61ac-e�een given to Borrower or Lender�o&:en given �. '. ':Y:
<br />_ �y-. ''� es provided in ttus�atagraph. � :-_'':`
<br /> � 15.Oovernimg Law; Severability.Thia Security Dassrument sha11 be governed by federallaa and che faw oi che .. ' • .
<br /> ,, jurisdictlon in which the Pcoperty ia located.In the even�tY�at any Qrovision or clause of thia Security lnstrur.icct or the . � �
<br /> � '� : � � Note conilicta witCe applica�te�aw,such con4lict sha11 nat af€ect othes provisions of this Security Iristtumesjc ar the Note � `_
<br /> �t� ' �_ • � ` whic#�can be giver egfect�ithout the conllicting provision.To t1�is end the provisions of this�ecurfity Iascrument and ' ��'�.
<br /> � � ' the i�toteare declas�d to be sev:rable. . ������
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<br /> � �� f��` Farm 30Ta 9/90 ''
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