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<br /> ; . � � r. ao 6e ' �it.t6s aptia�of Itoder.if matt�6��c�mae.00v��tia dye'����� �
<br /> - � p�Y�emt�a�! lao�er ra�it�e�.
<br /> th�t i� n4uie�+)povided 1�Y aa'iaaua'�pQ[o�►a1 b'!►L,��de�apia 6toomes avait*6te�od is o6tait�ed.Bofm+ra s�ll p�r
<br /> , ` i�pee�i�ao�re�ui�ed to a�r�e�mo�t�e imara�oe in drect.ar to provide s loss nsava.i�it die toqai►+emene fa matp�
<br /> • , imu�anoe e�ds ie�d�ooe Mt6 any writtea�+qQnd�t betw�eea Borcowtt and L,ender or�pplicabk la�v. , , �
<br /> : . , ' !.Iwpetties.I.tadrr oc its�geot m�y maiue c�aron�ble eatria�pon and ins�ectioas of ti�e Propaty-Lea�kr slWl give
<br /> �Hortowru notia at tb�time of.ot grior tQ an iospection�iag iaaomkk cause far tht inspection• �
<br /> 11 Co�tba.T6e prooeeds,of aay awud ar clum for d�mages.diiect or ooacequa�tial,in oonrsecdoa witH a6i►
<br /> aocda�tion or dtkr taTtiag of s�r put of tbe Pmp�cty,o�for aanveyanoe in Ucu oE coidemm�tion,u�e heteby sssi8t�ed�nd
<br /> a�t}!6�puct tn l.eadec . . : �
<br /> � , Ia tbe evmt of a total qking Qf the P�ope�cF.ti�e pteceeds sbali be apptiod w tLe sums secvred 6y t6is Savritp I�,
<br /> whether nr mt thm due.witb ury exce�c Paid to Bormwer.Tn t6e evau of a put�al tairing oE the Pmpercy in which tbe fair �.
<br /> m�rlmt value o�the Pcbpaty ymesaiiatsly befoce tha taking is equal m or gre�ter tban the amount of the suias securai by this .
<br /> Se�v�ty buuutna�t immediatety 6efoi+c We tatdng,unless Barruwer�d I.ender othawise agroe in writing.the sums securod by -
<br /> �, . tbis Socurity Iau�vmrnt sLatl 6e nduood by�dfe amo�nt of tbe prooeeds mWdpfiea 6y the following frxtion: (a)tbe totat
<br /> ataoutu of the s�secur�ed itnmodiately 6efone the t�lcing,dividod by N)the 6ir martet value of the Pmpaty immediately
<br /> befoe�e tbe takiag..Any balaooc sbaU be paid w Banewa. Ia the event uf a pactial talong oP ti�e Pmpe�ty in whieh tbe fair
<br /> mulcet Yalue af the Property immed�acety befoce the taking is tess dun tl�ee�mount of the suaac saauod immodi�tetY before the
<br /> taking,ualess Boc�ower aad I.ender otl�rwise a8�oe in writing or unless appli�abie law otherwise provides,the proceeds st�all
<br /> , he�pliad to the snms secnred by this Saairity I�+suumeat whether or not t4e sums are tlten due. ,
<br /> If tbe Property is abandoned by Borrower.or if,after notice by Lender w Borrower that the coademnor offers to make an --
<br /> swud or satle a claim fot dam�gts.Bomnwer faits to rapond w Ixnder e-it�ia 3Q days after the date the�atia is$iven. _
<br /> L,rndes is authorixed to coUax ud appty the pcoceeds.at iis option,ei[txrto z+estoration or repair of the t'roperty ar ta the sums . ==
<br /> �:
<br /> savzrd by this Savriry[�ntmait,wMher or not t6on dae. •
<br /> �
<br /> Udess Lrncler and Borrower dlxrwise agree in writing. any applic�ion nf proaeds to principal shal! aot extend or . ' ��
<br /> ; �,-�.
<br /> postpone the doe date of the monthlY payments refened,w in paragraphs 1 and.2 or change the amount of such payments. �W-
<br /> � 11.Bonower Not Rdased;Forbaraaoe By I.endee l�ot a Watva.Exteasion of tl�f�e for payyment or modification �:j�.
<br /> of unonization of the sums savre�by this Security li�strument grantal by Lender to any sqccessor i»interest of Borrower sdalt �"�
<br /> tl.
<br /> � not uperata to nlease tht tiability of tLe original Borrowcr or Borr�ower's snoceswr�in i�.I.eoder shall not be required to �r-t
<br /> � commenoe proceedings against any surcessor in idterest or refuse to extead time fnr paymec�t or otherw+se modify artartization
<br /> of the satns'secured by this Security Instrument by reason of any demand made by the original Borrower pr Horrower's '_,�,;
<br /> successors in interest. Any forbearance by Lender in exe�r+cising any right or remedy shall not 6e a waivbr of or preclnde the '`
<br /> - --- extreise o.f any right or rertxdy. '
<br /> u� � • ]oint aad Several I.iaD�`lity; Co�igne�s. The covenants and agr��.of this �~_�
<br /> , Suooessors A�BouQd, ----_
<br /> ______ Security Instrument shall bind and benefit the saocessors and assigns of Ixatder and Borrower, subjed to the pravisions of =—
<br /> — paragraph l7. Borrower's covenancs and agreements shall be joint and several. Any Borrower who co-signs this Security ��`�-
<br /> It�stmme�tt but does not eaecute the Note: (a)is eo-sigrting this Secatity inswment onig to mongage.grant and oonvey that _=-
<br /> . Borrower's interest in the Pcaperty under the tem�s of this Security Instrumen�(b)is not personally obligated to pay the suais `��
<br /> � securad by this Security Instwnenc:and(c)agrees that L.ender and any other Borrawer ma�agree to extend.modify.forbear or. ,
<br /> make any accommodations wiih regard to the terms of this Securiry Instrument ar the Note��aut that Borrower's consent.
<br /> 13.],oan C6a�ges.If the loan secumd by this Security Instrument is subject to a!a�sz$ich sets maximum loan chaiges,
<br /> and that law is finally interpreted w that the interest or ather loan chatges collected or to�-�aoUected in connection•uittti the ,
<br /> loan exceed the permitted limi�c.then:(a)any such loan charge shall be reduced by the amount�sary to reduce t��e eharge
<br /> to the permitted limit;and(b)any sums already callected from Borrower which exceeded permitted limits wiU be rz:`�.•nded to . ,
<br /> -� Borrawer. l.ender may choosc to make thiy refund by reducing the principal owed under the Note ot by malcing a dirett
<br /> payment to.Borrower. If a refund reduces principal. the rcduction will be treated as a partial prepayment without any --
<br /> �� prepayment charge under the Note. ,
<br /> �i.Noiiees.A�y notice to Barmwer providcd for in this Security lnstrument shall be given by delivering it or hy mailing
<br /> �:��s�� it h} C:st class mail unless applQ�fiSe law requires use of anather methcxt.The notice sh:sl{.be directed to the Propettg�Address
<br /> �°`�`=� or•any other address Borrower detignates by Rotice ta Lender. Any notice to Lender �t�a1! be given by first d.a,�`mail to
<br /> -= I.en�ePs address stated herein or any other address Lender dctiignate�+by notice to Borrower. Any natice providas f�in this -
<br /> _ Security insttomerrt shall be deemed to have been given to Borrower or I.ender w�hen given ati provided in this paragta�tl. . •' .
<br /> ---= 15.Governing Law; Severabitity. This Security Instrumcnt sfiali i� goverrie�3 by fcderal law and the �::��,af tt�,, .
<br /> ---- jtlnsdisiion in which the Prape�.is located. ln the event that any pravisiun or clause of shis Security In+tcumert�er�+.e Note . •
<br /> _— con�with applicxblc taw.,sudv�nflitt shal!nat affcct other provisionset'this Secur.ty Instrument or the Note ani¢b can be. " _,
<br /> °"� '' given effect withoLa the confiicti�g provision-Z'�r this end the provisions�:t r.t:is Security lnstrument artd•the Note are declared , •
<br /> to be severable. • ..
<br /> X�i.Borrowes's Copy.Borrowcr shall be givcn onc conformed copy of thc 14ate aad af this Security lnstrument.
<br /> Fotm 3028 8/90 • .
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