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<br /> p�yme��m�y no lon�u ba nquirod.rt the option of I.ender. if moct{{�e inwrance oovera�e���atraunt�u�d��iad
<br /> tlut L,p�der roquEra)provlded by rn inwrcr�►toved by Lenda�aln becoma�vdlable and ie obtait�ed. Bo�rnwer�Iwll py
<br /> the p�miunu required to m+�intaln moct�e inwr�u�oe in etfect.a ta provide a low raorve,untlt the ra�uinrmait fot a�o�t�e
<br /> iaanr�ce ends in aword�noa witfi�ny wrftten�t+eert�erit bctwoen Borrower md Lendar oe applicable I�w.
<br /> !. Iarpectba.l.er�de�or!ts a�ent may make re�omble ent�iea up�n u�d inapectio�u of the PropaRy. l.enda�tull ave
<br /> Horrowe�ratice u the time of or pdar to�n inspocdo�tpoclfyiry{i+essoiuble cauie for the i�upo�Kion.
<br /> 10. Conderomtioo.The prcx�ood►of any �wud or cl�im for dunt�e�, diroct or consequenti�l. in oonnxtion wlth �u►y
<br /> condtmnation or cxher tal�in�of any p�rt oF the Property.or for convryu�ce i�liw of amdertuuition.ue ha�aby wiQaed aad
<br /> _._�------� shtll he paid to l.ender.
<br /> (n the event of�total taking of the Propecty,the proceods�iwll be�ppliod to the sums Aocural by this Security instrument,
<br /> - - ' wtrettx�or not thcn due,wlth any exass paid to Bormwcr. In thc cvent of a p�rtial talcing of thc Property in which the isir
<br /> muket vatue of the Property immediately bcfore thc taking is oqual to or grcater tlu�n the�unount of the wriu eocural by thl�
<br /> Securlry Inurument immodiately before the wking,unless Barrower and I.etxler at;erwise agree in w�itinQ.the surru securod by
<br /> i this Security Instrument shall be roduced by the wnount of the procads multiplied by the following fraction: (a) the toW
<br /> ______,____—____ amount of tho wms securod immediately before thc wking,divided by(b)the fa�r nwrket valuc of the Property immodiatety
<br /> - s� before the taking. Any balancc shall be paid to Borrowcr. In the event af a partial taking of thc Property ln which the fair
<br /> ! market velue of the Property immediately before thc taking is las then the wnount of the sums secured immediuely 6eforc the
<br /> �---� taking,unless Borcower and Lender otherwise agree in writing or u�less upplicable law othcrwise provides. the prooeeda cl�ali
<br /> be applied to the sums secured by this Security Instrument whcther or not the sums are then due.
<br /> . _- If the Property is abandoned by Borrower,or if.lfter notice by Lender to Borrower that the condemnor offers to malce an
<br /> award or settle a cluim for damages, Borrower fails to respand to Lender within 30 days after the datc the noticc !s given,
<br />" ;p�.�,^�;;•�._ ' LenJer is uuthcniced w roltc�t w�d upply the proceE.ds,at its option, either to restoration or repair of the Property or to the sumc �-
<br /> � �?+.A�,��.. secuned by this Security Instrument,whether or not then due.
<br /> s.:;•.;�;:;;�,�,�'.,.'. Unless Lender and Bonower otherwise ugrec in writing. any application of procecds to princlpal shull not extend or
<br /> = postpone the due date of the monthly paymcnts refcrri�d to in parngruphs 1 and 2 ar change the amount of such payments.
<br /> _ •''x^""=P-� ll. Borrower Not Released;Forbearance By Lendcr Not u Wptver Extension of the time for pavment or_madifiration_
<br /> =-"- ' - oi:imo �za io . . '. ti rument grrnt y nder to any successor in interest of BoROwer shalt --
<br /> y`�`�f.'��. ' .� not operate ro release thc liability of thc original Borrowcr or Borrower's successors in interest. I.endcr shstU not be required to
<br /> '': '�.:''� = • commence praceodings agai�st any successor in interetit or refuseto extenci time for puyment or otherwise modify amortlzation
<br /> •. ,�,_ , -.. of thr sums s�curcd by this Security Instrumcnt by rcax�n of uny demand made by the original Borcower or Borrowcr's
<br /> � � successors in interest. Any foebearunce by Lender in exercising any dght ar remedy shal! not be a waiver of or pteclude the —_
<br /> � exercise of any right or rcmedy.
<br /> , -. --_-- '�--,='-.,.__. !2. Surrc�,crs a�d :�;;,lgss 8ound; Juf�i and Scrcr.�! I.lab!llty; �a-slgncr•. Thc rnrcaants and agrxments of this .
<br /> Securiry (nstrunxnt shaU bind and benefit the tiuccessors und assigns of [.ender und Bonower, subject to the provisions of
<br /> paragrnph 17. Borrower'ti covenant� and agreenxnt, .liull be juint a�id several. Any Borcower who co-signs this Securiry `
<br /> „ " Instrucnent but does not cxccutc the Notc: (a1 i.co-tiigning this Securiry Instrnmcnt anly to mortgagc,grunt and convey that _
<br /> Borrower's intcrest in the Property under the tcrms of this Sccuriry i nstrument:(b)iti not per�nally obligated to pay the sums
<br /> secured by this Scrurity Instrument:and(c)agrrr.that I.enJcr u�xi any other Borrower may ugrcc to cxtcnd, modify,forbcar ar F�_--
<br /> make any acc�>mmcxiatiuns with mg�rJ to thr term��it'thi,Srruriry In�trument ar the Note without thut Borrower's cansent.
<br /> 13. l,oan Chatges.If thc I<�an secur�tl b�� thi�Sccurity In�trument i� .uhject to a law which tiets maximum loan charges, _
<br /> a. and that luw is finully interprttcd su thut thc interc�t or cuhrr luan chargr�collerted ur to he cullected in connection with the �•�'
<br /> � loan exreeJ thr permittcd limitti, then: (a)any,uch luan rhar�r.hall Ix reduced by thr amuunt neceswry tu raiuce the charge �
<br /> ��A � �_�:�
<br /> , to the perniittrJ limit; and tb►any sum�alrcaJ�• caUcrtrJ fr��m &�rruwer w hic h rxccc dc d Fxrmittc.d limit+wi l l b c rcfu n d c d to
<br /> Borrower. I.cnJer may rhuux ta make thi� retiuxl hy r��luring thr prinripul uwed undcr the Note or by ma{cing a direct � •-
<br /> paytnent to Borrowec If a rrl'und reduce+ prinripal, the reduction will bc trcated •rti a parti�l prepayment without an� �;',_'
<br /> ' prepayment chargr undcr thr N��tr. _
<br /> , • 14. Notices. Atty notirc In&uruwrr pru�idrJ ti,r in thi. Sccuri t�•In.trumcnt �hall Ix givcn hy dclivcring it or by mailing
<br /> � it by first clasti mail unlcs.upplicahlc law rcyuin.ux uf an�uhrr mcth��t. Thc notico tihall tx dirccicJ tu thc Property Add�•css -
<br /> or any otlur addre., Born,�ccr Jr>ignatc. h�� nuticr tu I.cndrr. Any nnticc tu I.rnJrr .haU tk givcn by tint cla.s mail to =
<br /> . Lcndcr'x adJrc+,�tatcd hcrrin ur any uthcr addrr,+ LrnJ�r dr.ignat�,hy nuticr tu Bu�r��w-cr. Any nutirc pruvid��f fa� in this � _
<br /> Securiry In.trumcnl shall txr d�rmed tu have tken gi�•cn tu Hurruarr��r LenJer wlirn�ivcn u.pruvidcd in thi+paragraph.
<br /> ` , 15.('.ovrrnin� I.NN': ticvcrability�. Tl�i� Srrurity Intitruwrnt ,hall Ik guvrrnrd by Ir�rr•rl law and thc law of thc
<br /> � jurisciiction in which thr Proprrt� i, I�xutrd. In thr rvcnt that any pru�i.i�,n��r rlau.c uf thi.Srrurity In�trumcnt ur thc Notc
<br /> , ' conflict.with applicahlr law�.,urh rontlirt�h:dl nnt attcrt�,ther pro�•i,iunr of thi+Serurit� Imtrumcnt�,r thr Nutc which�an tx
<br /> _, ' �iven effect wittxiut the cuntlicting proei�iiin.To thi�end thc provi�iun.i�f thiti Scrurity Intitrumrut uud the Notc•rm d��clared ,
<br /> , to lx.c��rr•rbl�.
<br /> 16.Bor�u�scr'z Cop}�. Hurru�ccr.hall hc�ivcn�mr ronl�,rnxJ r�,py�,f the Notc and ut�thi.Scrurit� In.trumrnt.
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<br /> - Form 3028 9l90
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