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<br /> prymentc may no lon�er lx rcyuirod,u the option af Lende�, if mon��e i�uurance ec�ver�y{e(in ttk omountt�u��i�paiod
<br /> -° tt�at l.ender �+equira)prov�dai by an inwrer�pprovod by l,ender a�ain baoa�a�vdl�ble aid i�obufned. Bcxruwer�Iwli pKy —
<br /> the pnemiu»u roquired to maintain moct�e inwnnoe in effoct,or to providc a lau reserve,untit thc req,utremari for mory�e
<br /> incunnce ends in acrnnd�nce with�ny written�rament betwoen Borrower und Lender or applicable law.
<br /> 9.Irutpectba.Lender or its u�cnt may m�lce t+ewwn�ble entries opan und irupoctfon�of the Prc�peny. Lerder �hal!�ive
<br /> -- — Bortawer natice at ehe time of cr prior to�n inspection�pocifyin�resrorwble c�wse far the inspectinn.
<br /> 10.Condemnat(on.The proceeds of uny �wud or clrim for damaQe.+. direct or concequentiAl. in connoction with u�y
<br /> �._.,....—� a�ndemnatian or other taking of any pun of the Property.ar fo�conveyancc in liw of condenu�tfon. arc hereby�.+si�nal ud
<br /> shall be paid t�Lender.
<br /> _ in the evcnt ota total takinb of'the Property,the procoods sh�ll bc Yppliud to the sums socurod by this Security Ynuroment.
<br /> -= whether or not then due. wlth any excess pufd to Bottower. In the event of a partial taking of the Property in which the fxir
<br /> market vuluc of the Pmperty immediately befare thc tuking is equal ta or greatcr than the umount af the�ums saured by this
<br /> —.— Security Instrument immediately before thc t:�king, unloss Borrower and L.ender atherwixc agree in wdting,the sums xaurod by
<br /> __ __ _ _ this Security Instrument shail be rc�duced by the amount of the praccals multipliod by the fallowing fraction:(a)the tatal
<br /> � --- artwunt of the sums secured immodiatcly before thc tuking, divided by (b)the fair market value of thc 1'ropcRy immodirtely
<br /> —= --"`""°°-�'�� before the taking. Any balance shall be paid to Bonower. In rhe cvent of a partial taking of the Property in which the fair
<br /> � 5 �` �� �'.'�. markct value of the Property immediatcly before the mking is Icss than thc amount of the sums secured immadiately before the
<br /> ---�-3;�,�7� taking, unless Borrower and Lender othernise agrec in writing or unless applicable law otherwise provides, the procad�shall
<br /> :�•.�+• be applied to the sums securod by this Securiry In�tniment whethcr or nnt the sum.+are then due.
<br /> -"°` r "�',, tf the Property is abandoned by Borrower,or if,ufrer notice by L.ender to Borrowcr that the condemnor offers to make an
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<br /> . *,_ ' ,,-y; awarJ or settle a cluim for damages, Borcowcr fails to respond to I.ender within 30 days after the dute the notice is giveo.
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<br /> �ti,,...,.,:,.. � t, L.ender is authoriud to collect and apply the procceds,ot its option,either to restaration or repair of the Property or tu the sums
<br />- '~' t:�'�'• �""'�` secureei by this Security Instrument,whethcr c�r not then due.
<br /> ;, ' � Unless I.cndcr and Borrower othenvisc ugrce in writing, any applicution of proceeds to principal sBall not eztend or
<br /> ..,;w,. ..;'° ,,. pc�stpone thc due date of the monthly puyments referrcd to in parngraphc I am12 or change the amount of such payments.
<br /> 11.Bonower Not Releasc�d; Forbearunce By I.ender Not a Waiver. Extension of the time for payment ar moditicatio�
<br /> � � �'! of sunoniration of the sums secured by this Security Instrument granted by Lender to any,uccessor in interest of Borrower shall
<br /> .- • � ��' not operute to release the liability of the original Borrower or Borrower's successors in interest.L.ender shall not 6e required to
<br /> � commence proceedings against uny suceeswr in interest or refuse to extend time far puyment or otherwi�e modify anwnization
<br /> �, of the sums secured by this Security Instrument by reason of any dcmand n�ade by the original Bonowcr or Borrower's
<br /> �...:,;..,. ,
<br /> surcessorr in interest. Any forbeurance by L.ender in exerctsing uny right or remedy shall not b.: a waiver of or preclude the
<br /> , - ----------� PxP�rjcr of Any rivht or msnetly.
<br /> 12. Succcssors and Assigns Bound: Joint and Several I.iubility: Co-stgners. Thc covenantt und agrcements of this
<br /> . ' Security lnstrument shall bind and henefit the �uccessors and •r.rsigns of l.ender and &�rrower, subject to the prcwis�ons of
<br /> . .. puraFraph 17. &>rrower's covenantti and a�rcements shall be joint und several. Any Borrower who co-tiigns this Security
<br /> Imtrument but does not execute the Ncxe: (.0 is ro-�igning thi� Security Instrument unly to martgage, grunt and convey that
<br /> �� ;. .; Borrowcr's intcretit in the Propeny under the tcrms of thi�Security Instrunx�nt: tb)is not personally obligatcd to pay the cums
<br /> � secureJ hy this Sccuriry Instrumcnt:und tc) ugrcc�that l.ender and rny othcr Horrower may agrec to extcnd, mixiify, fotFxar or
<br /> ,.. mukc any a�commodatiom with rcgard tu Ihe tcrm�of thiti Sccurity Intitrumcnt or thc Notc withaut t}wt Borrowcr'smnscnt. _
<br /> �* � •• 13. I.oan Cha��es.If thc Ic�an secured by this Security In+trument i,.ubjctit to u law which +cts maximum loan charges,
<br /> i: anJ that law i� finully interpretcJ�o that the int�re+t or other lo:m rharge+collected or to hc collected in conneciion with the
<br /> ;�«, . luan ex�eeJ thr permitted limit+,then: (al an� tiurh loan chargr�hall he redured by the amount nrcexsary to reduce the eharse _
<br /> � ` . t��thc perniittcd limit;and th1 any tium,•rlrraJy rollerted frum B��rrawrr which exceedrJ permittcd limits will bc rcfundai to _
<br /> Borrower. I.endcr may duwse t�� mukc this rcf'und hy rcducing the principul owcd under the Nnte or by nwking a direct -
<br /> ' paymrnt to Eiarrowrr. if a refund reduccs principal, thr rcdurtion will hc Ireutcd u� a partial prepuyment without any �
<br /> ' ' prcpuynunt chargc widcr thc Notc.
<br /> 14.Notices. Any n��tirr ta B��rr��a•cr pr���ided t��r in thi.Sccurity In�trument shall hr given hy delivering it or hy mailing --
<br /> it hy tint rlass mail unle„applicahlc law rryuireti ux ot'anothcr meth�xi. The notir��hall hc directcd to the Propi:rty Addreti� "-_
<br /> ur :ui� uthrr uddre+ti Borruaer dc,ignate� hy� nutirr tu LenJrr. Any n��tirr tu [xndrr tihall Ik given hy tir.rt clas+ tnail ta -`
<br /> .. � I.endcr',adJrc,�titatcd hcrcin ar any uthcr aJJrcti. Lcndc� J��ignat�,hy nuticr u, f3�,rru«rr. Any ni,ucc pruviJai for in this �..
<br /> , '.: S�curit�lnrtrunxnt,hall lk dccmed to ha�•r txcn gi��rn tu Horruwrr ur Lrndrr whcn gi�•cn a.pr����iJcJ in thi�par•rgr:�ph.
<br /> � 15.(iovernin� [.a�•; Seti•erubilit�•. Thi� Srrurity In�trum�ni tihall h� go��erned by fi�lcral law• anJ thr law uf the �
<br /> '' ,juriuiirtion in whirh thc Prupern• iti kxatc�l. (n thc r��cnt thut an)•pru�i,iun �rr rlauu ul'Ihi�Scrurity In.truntcnl cx the Note
<br /> cunllicts with applirablc laH..urh rantl�rt�I�all nut affcrt�uhrr pru�•itiwn.ut'thi.Sccurity Dntrument �,r thc N��tc which cun t�c �-
<br /> �, given ettcrt �vithuut thc r��nllirting pruvi+iun. Tu thi.rnd thr pru�•i�iunti ul'thi.Security In+trumcnt und thc N�ile ure declared �-
<br /> �a� ta be.cccrahlc. _
<br /> � ; . � 16.BorroHCr'�Copp. B��rruwrr tihall Fx gi�rn�mc r�mtiirnu�l rupy�il thc Nutr•rnd�,1 thi.Scrur�ty Imtrunxnt. �
<br /> ' Form 3028 8/90
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