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� ,�'��e�� „ " • __ , ' ` — - -- - .. � -',--- y. '� • .y� � ' � � pnymen�a a�y no lon�u be roquired,at tUo option at i�ender,if morl�e imuranoe ooverqe�a'�e�dl►�Itlli�l�tbe pedod tbwt l.ender require+)Provided by�n irourer�proved by l.ender a�in beooma�vdl�blo uid b obtdned. BcKrower�11 P�Y t�e p�paiuma roquirod w ra�iaufa roo�t�e laweraca in ofTect.or to provide�la�raarvc,umil tho roquiroaient tor a�o�a�a inwr+uioe endi in�coord�noe with any written��eanan betwan Bomawer�nd Le�der or appNcable uw. !. Inpectloa.l.axier or its�ent may m�ke�eawn+iblG etWrja upon and iropediau of the Prope�ty. L4oder�ull�ive Borrower notlae at 1ho time of or p�ior to�n in�pection�pecifyln�rcasonable cauce for the inrpeclion. 10. Condann�tbu. The pr000eda of�ny aw�rd or cWm for dutui�a.diroct or c�n�equential. in oonnectian wlth�ny _ ..._... _..�� on or other wicin�of any part of the Property,or fm ooaveymke in lieu af oondemnatic►n.erc he�by assi�ned and �b�fl be paid to[�ender. In tho eveM of a toul t�king of tho Property,the proceedn ciudl be appliod w the sums cecured by thio Secudty In�trument, wl�ther or not Uxn due, with�ny exoes�paid w Horrower. In�he event of A pAnial taking of the Propeny in which the fAir marktt value of the Pt+operty immediately befone the taking is eqiwl to or grcater than tho wnount of tho eutns securod by thi� Socurity Insaument immediately beforc the taking.unless Bormwer wd Lender otherwlse ngrce in wrilin�,the sums cxured by thi: Socuriry instn�ment shall bc reduad by the amaunt of the pra�eods multiplied by the follawing fraction: (o)the total mwnnt of�he wm�securod immodfotely before the taking.divlded by(b)the Fair muket v�lne uf 1he Property inunodlately before�he taking. Any bala�ue slwll be paid to Bomawer. In the avent of a parti�l taking of the Property in whi�h the fair market vWuo of the Property(mmediately before the talcing is less tf�the su�wunt of the sums ca,urod immediately 6eforo the tall�ing,uoleas Borrower And Lender otherwis�agrce in w�iting or unless applicable law otherwfco provides.the prooxds�11 be applied to the sums cecurod by thic Secu�ity lnstruma�t whether or not the sums aro then due. lf the Property�is abandoned by Borrower.or if.after notica by l.ender to Aornnwer that the condemnor offers to malce an . `-`°`� � award or settle a claim for damages. Borrower fails to respcmd to Lender within 30 duye aller the date the natice is given, � •I.emler ix authorized to rnllect ard apply dic praceeds.at its option.either to rostoration or repair of the Fmperty or to tha�utno recured by thia Security Instrument,whether or not then due. Unless I.ender and Borrower otherwise agrec in wrltfng. any application of proceeds ro principal shall not catend or _ -- -- postpone�he due date of the monthly payments referred to in paragrnpha 1 and 2 or change the anwunt of such payments. -------� 11.Borrower NM Rdeasei;ForM�arance By I.cnder Not w WAtver.Extension of the time for payment or madificution of emoni7ation of the sums secured by this Socurity Instrument granted by l.ender to uny successor in interest oP Borrower slwll � ��;;:,;�,� not aperate to rclease the liability of the original Borrower or 8orrawcr's successo�s in intercst.Lender shall not bc requircd to �-°'-- commence proceodings against any suocessor in interest or refuse to estend time for payment or othenvise modify t�nwnizruion -"�' of the sums cxured by this Secudty Inst�ument by reason of uny demand made by the odginal Horrower or Borrower's ��' successors in interest. Any forbea�nce by Lende�in exercising eny right or remody sh�ll not be a waiver of or prcclude the �---�-� exercise of any right or rcmaiy. �'"'i`--��"b='�''y 12. Sueoessors And Assigns Bound;Joint and Several Uability= Co-sigaers. The covenents and agreements of this _��f�;-n. • Securiry Instrument shall bind and benefit the xuccessor� and assigns of l.ender and Borrower. aubject to the provisions of }}'i�.J. �i��; t- parr►graph 1�. Borrower's covenanis and agreements shall be Joint ond seveml. Aay Borrower who co-signs this Secu�ity '°� Instrument but does not execute the Note: (o) is co-signing thix Securfty Instrument only to mortgage. grant end canvey that '; Borrower's interest in the Property under the terms af this Security Instrument; (b)is not personelly obligated to pay the sutns _ �.�,1t;��..a.::�' secured by Ihis Security Instrument;and(c)agrees thnt Lender and any othcr Barrower may agree to eatend,modify.forbear or � `r°'•+��{:;�� 'f�i� meke any uccommadations with rcgard ta tNe terms of this Sccu�ity instrument or Ihc Note without that Borrower's cansent. 13. i�oan Clwrges. If the lo�n secured by this Security Imtrumcnt is subject to a law wBich seta mauimum loan charges, and Ihut law is finally interprctvd so that the interext ar other loan charges collec�ed or to be collected in connection wlth the loan exceed the permitted liinits,then:(a)any such loan eNarge shull he rcduced by the umount necessary n►reduce the charge to the permitted limit:and(b)any sums already rnllected from Borruwcr which exc��eded permi�ted limils will 6e refunded to 'C .,_,.•�, Borrower. Lender may choose ta make this refund by ralucing the principul owed under the Note or by making u direct � puyment to Borrower. If a refuod reduces principul, the reduction will bc treateJ uw a purtiul prepayment without any . t� ="'±�` prepayment charge under the Note. ��,�„��-�� 14.NoHces. Any notice tn&►rrower proviJ��l far in thfs Securlty lnxtrument shall be given by delivering it or by mailing v'�„� it by first class mail unless applicuble Ipw requircs utie of unother methal.The notice shall be directed to the Property Address '��'_..�;, ��,;t!;�;;�;;-,• ar any other address Barrower designntes by nodce �o L.ender, Any notice ta l.ender shull be given by f rst class mail to -`-%E��:_:;;�`• I.ender's oddress stated herein or uny dher uddrcss L.endcr dcsignates by notice to Bonowcr. Any notive providal for in this �— Secadty Instmment shall bc deemed ta hnvc been given to Horrower or l.ender whcn givcn as provided in�his paragraph. � ____�_.� 1S.Coverning l.aw= Severabillty. This Sccurity Instrument shall be govcrned by fcderul law pnd the law of the ju�isdiction in which the Property is lacated. In�he event thut any provixion or cluu�c c�P this Securlty lastrument or the Note °�-�:�°�� conflicts with Applicable law,such conflict sh•rll nut uffect dher provisions of this Security Instrument or the Note which can be �,.�,�� �,�r:� gl�en cffect without the rnnflkting provision. To�his end�he provisions of Ihi�Sccurity Instrumcnt und the Note ure declar+ed --- -- to be severublc. -.__.._..__ 16.Borrower's Copy.&►rrower shall be given one conformed copy of the Nae�nd of this Secu�ity Instrument. -------- -- Fam 3028 9/90 Pp�4d6 --- . _ r},.`+`wv_`-� :u�rcu --:��` -_t�- - --�,��`C'S!£�a'"i�17a:+¢rr' . ----- .:�:�s�:.Y'.Jlt�."rlt:�� s.:r��`r� � �,i..��1l��- L_I.. ' . . z..s.rc• -°o': -- - � : --- - - 4:."�' ,;,�, ----!t .x y�_ —--_- — :f��}f.+ ' �r�'i�f:�>>':�'a4iWn"x . - _1l�Ali_�� -- —--��—�'.�,"•Af:fiC'��f:.N:?�at i:,Siw '—__ `�.yc�li..- — ---�. . . ,e.i . _ _ .{.•r, --.-_.