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<br /> . pay�nenta may nn lAngcr bo required.st the optiun of I.cnder.if au�rtgage insurunce co3crag(in t��ou°�'�or thc per�od
<br /> � tt,at I.endcr reguircs)provldcd by nn in�urer approvod by l.ender ag�iri becames av�ilublc artd!s obs�lrted.B�rrowcr ehall pay
<br /> tho premlums requirod to muintafn mongage insurance in effxt,or to provide a loss reserve,untU the requiremant for mongage
<br /> insurance ends in accordaiuc with any wriuen ngrexment beEween Borrower und Lender or applicable Inw.
<br /> 9.Inspec�tAn. I.ender or its ageut tnuy mnlce reasonuble entries upon end lnspections of tho Property. I.cnder shall give
<br /> --�_ - --- - -�J--�-.�� Barrerrer scotia at ttfe tirae of or prtor w an irrc�xfou ap�ifying KusonBble cauac for the inspecdon.
<br /> 10.CandemnaUon.The pro�,eda of any award or cleim for damages.direct or conssquentIal, in cortncction wlth any
<br /> - �_ -- � condemnution or othor taking of an art of the Pro `
<br /> y p perry.or for conveyance in lieu of condemnation,are heseby essignod and
<br /> shall be paid to L.endcr.
<br /> In the event of a tote!taking of the Property,the proceecls ahall be applied to the sums secure�by this Security Instrument,
<br /> whethet or not then dae,whh any excess pald to Borrower. In the event of a partial taking of the Property ia which the fair
<br /> market value of the Property immediately before the taking is equal to or gmater than the amaunt of the sums secuted by tlils
<br /> � . �ecurlty Instrument immediately befora the tekIng,unless Horrower and L.endet otherwise agree in writin�,ths sums secured by -
<br /> :a thla Security Insavment ehsil be reduced by the amount of the prnceeds multiplied by the fotlowiag fractfon: (a) the total �
<br /> -. amount of the sums secured immediately before the taking,divlded by (b) the fair mnrket value of the Pcoperty immedlately
<br /> ; before the taking. Any balance shall be paid to Horrower. In the event of a partial taking af the Property in which the fatr
<br /> market value of the Property immediately before the taking ia less than the amount of the sums secured immediately before t�e
<br /> takln�.unlesa Borrower and Lender otherwise agree in wr�ting or unlesa applicable law otherwise provides,the prooeeda shall
<br /> � be applied to the sums secured by this SecurIry Instrument whether or nat the sums aro then due.
<br /> ` If the Property ia abandoned by Borrower.or if,after notice by i.ertder to Borrower that tho candemnar affeca to makn an _
<br /> _- �f''�'�7-'_'_"' uti:��or�ettle u cluim for dQmuges. Barrovrer fufls so respond to Ixndcr ulchin 30 clay+ atter ttse�te the notice f� gluen, -_
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<br /> ..,�- :�',`� .',� [.cnder ie authorixed ta collect and Apply the pracerds.at itx aption.either ta restarution ar repair of tho Property or to the Rums
<br /> '���' � securod by thls Security lnstrument,wkether nr not then due. _
<br /> '��.' �� . • - Unlexa [.ender und �irmwcr rnherwitic ugrce in wriNng. nny upplirudon iif prcxecdy to prindpid ehull n�t cxtend or —'
<br /> 4'�� ' gt nc the duc dutc af the m�mlhl a ments referrcd ta!n uru ru h� 1 und 2 ur chun �the umuunt af such u ments.
<br /> , P�• P� Y p Y P B P • 8' P Y --
<br /> .`� " ..,, 11.Hurrowcr Not Iteleasedt Forbearance By l.ender Not n Wetver. F.xtcnKi�m af the time far puyment ar moditication �"_"
<br /> af uniartir.�tion af thc wuma secured by thix Security Intitrument grnnted by l.encler to uny xuccessor in inters�t of Borrower ahall �'':�.
<br /> • � ', not opemte m celeuse the Iiubility of the original Bonower or Bonowcr'ti successor�in interest. isnder ghall not be required ro �.,
<br /> ` commence proccedings ugainat nny successor in interest or refutic to extend time for puyment or otherwise modify amortization -
<br /> �,.,.Y.
<br /> of the sums sccured by this Sccurity Instrument by reason af any demand mude by the or�ginul Borrower or Horrower's ---
<br /> " successons in interest, Any farbearnnce by Lender in exerclsin�any rlght�r mmedy shall not be a wuiver of or preclude tho �"? •
<br /> exercise of any right or remedy. �'+?�
<br /> ' ° 12. Suocessors and Assigns Bound; Joint and Severel I.iabilityi CasiRners. Thc covcnants and agreements of thls -
<br /> • • . Securlty Instrument shull bind and benefit the successors and nssigns of L.cnder and Borrower, subject to the p�ovisions of
<br /> ' , para�raph 17. Borrower's covenunts and ugreements shall be joint and several. Any Barrower who co-si�nc thh SecurIty ' '
<br /> . • ,, Instrument but does not execute the Note: (u) is co-signing this Securlty Instrument only to mort�age, grant and convey that
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<br /> ''—"-"`-�"=_-�=" HaROwer's interesc in the Propercy ur,der the terms of this Security Instrument;(b�is not personnity obligated to pay the sums `"
<br /> secured by this Securlty Instrument;und(c)ugrees that I.ender and any other Borcower may agree ta extend,madify.forbear or
<br /> muke any accommodations wlth regurd to the terms of this Security Instrument or the Note without thut Borrower's consent.
<br /> 13.I.oan Char�es.If the loun sccured by this Security Instn�ment is subject to a law which sets maxlmum loan chat�es,
<br /> , ' and thut law is finnlly imerpreted sn tUat the interext or other loan churges callected or t<�be collected in connection with the
<br /> , loan exceed the pern�itted limits, then: (a)any such loan churgc shall be reduceci hy the umount necessary to reduce the charge
<br /> to the permittcd limit;and(b)any sums ulrcady collectcd from &�rrower which excecded permitted limits will be mfundcd to
<br /> Bottower. I.ender muy ch�K��e to muke this refund h�• rcducing the principal c�wed under the Nate or by mAking u direct
<br /> payment to Borrower. If a refuncl reduces prinripal, the reductinn will be treated uti u punial prepayment without any
<br /> s .. ' ,. : prepnyment cherge under the Nnte.
<br /> 14.Notic�.Any notice to Borrower providcd for in thir Security Instrument�hull he given by dclivering it or by rnailing
<br /> ' lt by first eta+s muil unle++upplicuble law mquires uxe of unother method.The notice+hull be directcJ ta the Propeny Addeess
<br /> „ or uny othcr uddress Bormwcr designates hy notirc ti� L.cndcr. Any natirc to Lendcr tif�all bc�ivcn by �irst class mail to
<br /> • . „ Lender's address stuted Ncmin or any other uddress Lender designatcs by notice to Burrower. Any nnticc providrx!for in thts
<br /> � Srxurity Instrument �hall be Jc�m�xt to I�uv�Uecn givcn tu Borrower or Lendcr when gi�•cn ati proeidcd in this paragraph. �
<br /> _ .. 15.Governin� I.aw; 5evernbility. This Serurity In�trumm�t .hu�l bc guvcrncd by fcderal law and thc Iaw of thc
<br /> jurisdiction in which the Propeny is loruted. In the event thut uny pruvisicm ur r�uutir ut'thi.Sccurity In,trunknt or the Notc
<br /> ' conflicts with applicublc I;�w, tiuch conflict shull not uffcct othcr provi�iom of thi.5crurity In�trumcm i�r thc Notc which can bc
<br /> given effert withuut thr cnnflictin�provi.ion. Tu thi.cnd the provi.ion,uf thi. Scrurity In�trurnent and the Nate are declared
<br /> to bc scvcrable.
<br /> f 16.Borrower's Copy. Burrower�hull lx�given one cunformed rupy ot the Nute anJ<+f thi�Scruriry In�trument.
<br /> � � Form 3028 9I90
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