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<br /> t ' w -r ,; ; . (�y e a�uoant autl fos the periad
<br /> �: .,a < ;• • < �� •. ' at.the o on vf i.endea.i���8e��ce ooverage
<br /> ° : , .: � . � .FaYments may no tanger be reqaired, P'� 6ecames ava�able and is obtained.Horrower shap paY ^�.;
<br /> �-�:• �`:. :`;. :.-�+� •�• `t rovided!s a�insur�r aPPravod by L�nder again for mort e _''.
<br /> �,.; .,. �� : t . � thaE I;ender re$aiies)P 9 � , � �=k�: :
<br />: � . ' �"` ��` tha ptemiums required to�a�aimain mortg�ge insuranoe in effect.or to pr�videa loss reserve.uniil the r�qau2c�t - ^
<br />_ � �... I17S
<br /> .�,•� `. � insuranse ends in a�:cordaace wi3h any written agre�ment betvreen Eomower and Lender or a�Spliwble law. �er shal)give
<br />-.;�. � ,,;,:: . �g.�imn.Leader or its agem�Y�e ressoaahte entries upon and inspectians of the Propel'tY• . _
<br /> .�s''�..
<br /> .�t ..° 4. . �. }". Borrower notice at the time of or prior to an inspecuon specifyiag c�asoaa6te cause for t6e insP�xion. �;�
<br /> �� ? � � 10.Coade�ation.'['he proseeds of amr award or ciaim for damaSes. dire�t or consequendal. ia oonneetio�n'gn�� =-_
<br /> .�`' • • , . condemnation or other tatcing of any part of the ProP�rc�.or for oouveyance in Geu of condemnatinn,aze hereby - �,Lr.
<br /> � shall be paid to Lendec. the mcea'is shall be applied to the sums se�ured bY this 3eauin'Instniment. • �
<br /> - - ' in the eve.nt of a total taking of the PropertY. P ���of the PmgertY in wluch the fair a�
<br /> . , , ' whetI�er or r,ot then d¢e.witb any excess paid to Harrowet.Tn the evert af a �,:.
<br /> ' � �ne�iate�y before the tai�ng is eqaai to ar geater than the aznount of the snm�secured bY this ,�..�
<br /> ' ma�tcet val�e of the ProgertY'
<br /> ` `. • � �' ' Saurity instniment immediately before the taking,uniess Borrower and i.ender atherwise agree in writing,the sums sec�eA by ��
<br /> . � , nt shall be reduc�d by the amoune of the pmceeds multiplied by the following fnction: (a)the total =_.
<br /> .. . ., tlus Security Insnume t�e fair market value of the t�ropert3►im�d�ately -
<br /> : � ` . amouat Qf ttse sams secured immed:atefy before ttte taking.divided hy(b) af the PropertY in wluct►the fair • -
<br /> ` " �.`p befare the taking. Aay 6alance sha116e paid to Borrower. In the ev�nt of a partial taking befare the
<br /> ,'�'' ,(" � � market value of the Property imu►ediately before tlie taking is Less t6an the amou�t of We su�s�red im�1ate1'J
<br /> � erty heable lavr uthecc�,:pmvides,the praoeeds shall
<br /> �'. . •: . in a�ritin mr unless app�
<br /> : � .°'�_�°'�" . .. �ng,un�ess Borrower and Lender othernrise agree. whether or not the sums are then due.,,.�: � �
<br /> , , . : �-�: be a g plied to the sama s�bY this Secnriry Instn�m�t ,
<br /> ,x .. ' �� 5 � � If the Pcoperty is a6andoned by Borroc�er.or if.after notice by L e n d e r t o B o r mwer that t�co�-,-`�;�rs w m�ke aa
<br /> . � ' • � award or settle a claim for damages.Borrawes fails to respond to Lender within 30 days aftero th�Pi'�"�r�'4r to t�,� � .
<br /> ;�� W wHect and ly the prnceeds,at its option,either to iestoiation or repaiF,r ,•,,,, ,_.::;,:� , �
<br /> ,t� Lender is authorized. aPP F
<br /> '�' `°. • :4 :,. secured bY this.5ecmr�tY Inst�um�t•whether or not then due. , ' t uiot extet+�'�%csr: � .
<br /> • . U n t e s s L e n d e r a n d ,�r r owe r otherarise a g ree in wriung, anY aPPlicatian�af pracEtds ��.�%.
<br /> •-=�,' :• • �` hs l arsd 2 as c h a nge t he u m g i m i o f 5 a c�'i p a Y m e n t s. ..
<br /> - �—� ,--- --� ` postpone the due date of tL-��onthly pay-metits referred ta in pa�a�'�
<br /> ; � : I,ender l�tot a�siver.Extension of tha�te fos paymen#or mo�f�catioA
<br /> , : ' ,rc,: � 1 1.Borro v e e r N o f:��e d;Forbe�aa�ce B9 �
<br /> � •�5�,;.r.. ted Ir�Lender to a�r su�s��r in interest o f B o r r a w e r shall
<br /> ��': •:. : <,,,,5.� of amonizatioa of 1he sums secured by this Security In.ttrument�ran
<br /> . �' ` � '"'���� not operate to release the liabiliry o f t he origi n a l Borrower or Borrower's successnls in Wete�t�:-T;.ender sha31 aat 6e tequirec�to
<br /> -__.. ..w.__��.. :'.•_� �� commence proceedinY�aP,ains��Y successor in intea�st or refuse ta extend time for paymeat�i's"r othenvisa mcsdify atnarts�im►
<br /> ' of the sums secured by this Secvrity Insuuraent �?season of az►y demand made 6y the�aginal 8����°��T°W��B
<br /> --- -- ----.- '-.i•..' suceessors in imecest. An� forbcar•►nr.e by Lender in'exercising arry right or remedy shall aot L�e a aaiver•of or preclnde the ,
<br /> � �• • ,3 � exercise of a;y right or remedY• as. 'Fhe abvenants and a�ce�m�uts v�r.:j&us . .
<br /> . . , .� 12. Sr.�..�ors aad As�l�ps.Boand;dotnt and Seierai UabilitS, Co�sfP,n y.�J�ro the provuiaa�af . -�
<br /> , • , . . '3 Security Instnuclent sh::I19 bind and benefit the successors and assigns af Lende��gB nowet who co-signs this Security . . .
<br /> sh.
<br /> . . P�Ph 1�. $orrower's covenants and agreea�cena shaN 6e joint and save�.:�:A,nY Q t��nve thar
<br /> . .•, n .
<br /> ' '• Insuument but daes not exec+�te the Note: (a)is co-signing this Securiry Insxu�t an1Y to mart��, S� y
<br /> . ' .���`��� Bonower's inter�est in the Property�'��e terms of this Security Iflstnunent;Eo)iS aot��r.�nalIY obligated to pay the sum�
<br /> �,.,,,.�, � q to extend,madify.forbcar or
<br /> secumd by this Security Instrument;wss�{c)a that Lec►der and anl�meernB r the Idote vrithout thaa Bflrrower's conse�. .
<br /> � . � • . �e�ny accommodarions with regard to the terms of this Secvriry
<br /> � 13.Loau Cdar�es.�Jfr t6e loan secured by this 3ecurity Instcument is subject to a law which seis tnaximuon Itran cl�arg�s.
<br /> • . � � and that law is finally interpreced so that the interest or other loan charges callected or to be colfzcted in Eonr=ectioa with the
<br /> loan exceed the permitted limits,then: (a)any such loan charge shsill be reduced by the asiount neressary to reduce t�clyar6�
<br /> ' to the pe�=ted limit:and(b)anY sums alm�dy collected from Burrower wfiich exceeded permitted liraits will be refu�ded to.
<br /> .:'�;,:,.t��. �. • Borraaer. I.ender may choose to m�Ce this refund by redacing ��e principal owed undes tfle N�ace or 6y��n�out�a�ny
<br /> ��" '.''1'��•� a to Borrowec. fif a refund reduces principal. the reduction will t�e u� as a Partt PreP� ' -
<br /> .• . '.<_..c<<5�.;.� .',' , _ P Y� , � .
<br /> • . �prepayr.�t charge an�i the Note.
<br /> . ... , • 14.�:.tices.Any nocice to Bonower provided for in this Security Ins�t sha11 be given by delivedng it or by mail�ng
<br /> 1 f.� ,,;'''':i;'�-'. it by 6rst class mail unless applicable taw requires use of anothec rr.��Itod. Th.�notice shall i�dire�ted to the Frop�ty AdBtess
<br /> .'���:Y7;.�ia �
<br /> ;, +,. � or any other address Boaower designates by notice to Lender. �1ny.notice to Lendet sitat►:be given by � ciass mail to
<br /> , r . Lend:r's address stated herein or any other address Lender desigrrates by r��A.e to Borro�ver. Any nouce�rovided for in this
<br /> �� t� � � , Security Instrument shall be deemed to hade been g�ven to Borrower or Ler�7 when given as provided in this paragraph.
<br /> �F .'' � I5.�overniag Lsiw; Severnbility. This 5ecnrity lnstr�ment shall be govemed by federal law and the lavi. of the
<br /> �='� �� � � urisdict:cr:in which the Property is lucated•In the event that any provision or clause of this Security Instcument ot t�Note
<br />_.+r -• � • � •;-j�';:;';:-; . I
<br /> ':f.�.•� � .. 1�5 -
<br /> r <<+ conflicts�ith applicable law.such canflict shall not affect other provisions of this Sect�rity Instrument or the Note whis:3�an be
<br /> ;� !; `.�'�-�: : � ",��•�;:�;� , rovision.To t�5�s end the provisions of t".is Security Instn�ment and the Note sre�clam,d
<br /> ,,���;, .-,, ,. given effect without the conflicting p
<br /> .. , :4;�;., .':. .:.: : • to be severable.
<br />• • '',,''%'•;%:>�;'',' •� • Borrower shall be given one confam,�!capy of t��Note and of this Security lnstrument. ,
<br /> • , 16.Borrower s CopY•
<br /> . . ,: : porin ao2e 9I90
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