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<br /> --- -------- ts tha option�af 3a�a�der.if�oK3II$e ins►��CO
<br /> �� ��Y�=n�,s mr�'aa.taager be reqa�ced• a �n b��=s avmiiabfe" � is abt��i�ccl.�a�r€iwcr'�4�jE.�?ry
<br /> �_-�'� tbat I.�uder.re+�uir�s)pro��.°d by an insarer aPProv�by Ler.�er S t'ar morgage _
<br /> iasumace in e�fc�t.or to provide a Ia�ss��rve.un3i1 tha r�� , .
<br /> ---_ , the preFniums�equirad m tn�intain tnartg�g� �b,.�wzen Sot�we��ttd LQStd2r o�app�iahie lavr. ' ' ,
<br /> u aad insge�ons of,the['mpeatY.Lendcr�al!b*iv���
<br /> = '� insur3nce ends in aseordanae with uny writtes►�re�onabte entrles upo '
<br /> �`�'�"'� ' 9.Irs�edl�n.I�et�or its agent maY on E in reasQn bfe�far the i�p�tian. ' —
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<br /> $o��r��n�uoe at the time of or pr�or to un insgect� 'SP�� �
<br />_..`_�__�"`'s��."��z� 10.Con�on.T f i e p i o o�e d s o f a n y awasd or claim fot cia�ges, di�6r cvnsequentiat,ia c�nn�s;ian witi�"�y
<br /> ��`��5'=� �tioa ar other t�kin°of anY P?rt of the ProFertY•er fo:oonveyance in lieu of oondeffination.are f t e m b y r,�i S n e�e� . ..
<br /> �"�`� shall be paid to[.eadet. • li�d to ttae sams secured isY�t�is SetuntY ins�um��s' �
<br /> e.�,a,;�� Ia the event of a wtal mkin�of the PccPertY•the pmeeedq shall.6e apg of the ProperiY irc�v�ich th$fair
<br />:�.�>a•�%�%.;�� ��p��gomower. In tice eveat af a partia!taldn$ � �s
<br /> --�'-�``� n�hether or not th�n duQ,��.�Y .
<br />---�-�''�"� uhm�iatety before the takfng is eqaal to ar�ceater than t�eot+u�t'ef the s+�ms;s�
<br /> -- -_`___-_.� aiarket valae of the PcapertY� 'the swus seau�d i�Y
<br /> ':`"�s�'�i'�-� the follncving frasdun: (a)�1� ` .
<br /> --���_,��,�,,,,�� g�tY�umer�t immediately before tha raking.unless Botrower aa�Len�a�4Y��ln writin�,
<br /> �-� ��'— this SesaritY In�at sha�l be reduced bY the amoant of tha proseeds P �ia�tl}
<br /> befoce the taking. divided by Nl tb.e fair maricet valus of the PrrolsereY
<br /> �. z° amonnt of the svins secvred immediatelY of the Froperty m w1�tt�e fait
<br /> '"'��'� before the ta�iu& AnY balunee shail be paid to Borrower. In the event of a'partial Ea#ing i before tlse .. �
<br /> ��`� '�"� market value of the PtoPert3r i�ediatcJY 6efore the taking is,tess tI�n t�e amaunt of the sums seatred i�a�Y ,
<br /> m writing or nntess applicabie law atherw9se pm�+ides,ihe pm�eds&�1�.
<br /> �� talring,unless Borrower and l.ender otherwise agre��
<br /> lied to the sums secured by this Sec�uitY tnst�ent wflethet at not the sums ate ther�due. �
<br />-,����� 6e app �s ab8udoned bS+Bomnwer,or if.after notice try Lender ta Botcower tt�at the onndemuor offets to usalce an
<br />__:r��;,,�;,`� If the PropertY� 'Bosrower fails to respond to Lendet�30 days after the date ihe uutice is gi�t�, ' .
<br /> �- ��"� awacd ot settle a slaim far damages of the Pcnperty or za the su�s
<br /> Y'�'�`"'���, -� Lender is authorized to oollect aad aPP1Y the Pr�t�eeds,at its option,either to r�ration or re�air . .
<br /> ,=r�--�....: ����whether ar uot then dae. at shall ecot eatend or�
<br /> _:-_;�;�:::,,:,� -•� securad b5+this.Seauity �writing, anY aFPlicat�on of prnceeds to P�ineiP
<br />-;t'':,�l:a__�:�:_.•'" Untess i.ender and Borcower otherwis�agree ed to in paragraPhs 1 aad 2 ar change the amount of sach payments-
<br />`Y�'•�'�:��"r-�:• ne the due date of the monthlY PaY� ot madific�tian .
<br /> :.�.-;;,�::-�x� � p°�° Y.ender Not a VVaiver.Extension of the time for payrnent
<br /> �r
<br /> 11.8orrowcr Not Rete�sed;Fort�earauce BY��ent granted Sy Lendes to amr successor in interest of Borrawer shall
<br /> ;r - of aivartizsdoa of the suma secured by this Secarity ___ . _
<br /> '•..�,� { not operate to ralease tl►e l.�abiliry of the original Borrower or Bortowe�s succ�sors in u�tesest-IendQF sN������ . -
<br /> nt or othetwise mosiify amoiti�t►°n •
<br />',,F ; .; . : commence proceedings anainst any successor in interest or refuse to extend time for payme
<br />_�.; : ;. of the suti�s secured 6Y this SecuritY Ins�um�►t by reason of any clemand inzde by the original $arrower or Horrower's —
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<br /> `'''�� , t successors in interest. Ar►Y foriseasance bY Lender in exercising any right or.c�medy shatl not 6e a waiver of or preclude ttie '
<br /> r � ts of this
<br /> � :`, ' ; �._� exercise of any right or remedy. Bo�d;]oint and Seveesl LIaMltity.�'��s. T[ie covenants�agreemen .
<br /> � �;.�. :,,.,`•,::�. � ��fi�ons of
<br /> D�.,�1ccessors and Assign�s
<br /> ' r'�'Y a, r',.-, Seauit�' Trstrument shall bind a�[�efit the successors an.a�G>siSns af Lender and E�wer. sabject to the pra :y �-;L
<br />;•�;.��ks;r`.��sy�{, � 17. Borcowe�s covenai:� and.agreements shall�L-�joint and several. Any �c�r.awer who casigns thi�s�CVrity ��:-
<br /> :„ . �;�,, .. �� and comey that �._�
<br /> `^"#rr.,•;.�., : Instrument but does not execute the Note: (a)��rsigning this Securiry Insm�ment onty ta mortgage.�
<br /> �`'�;`��r � � under the ters:,s of tAis Securit}+lnstrume�'t;N)is not Feisonally obligated w pay the sums. -
<br /> :-.,;;�:�.��:.. �. Borrower's interest in the PropertY to extend,modify.foibear nr �
<br /> °' .��^> .. . . s�bY�;S�rity��ument:and(c)agrees that Lender and any other Borrower may agree .�[-
<br /> �,�;'�:. , .•°';� �e�y a���rio�W�th regatd to the terms of this Security Iastrument or the Note without that Borrower's consent. . r•
<br /> L., !'-.HtL'.,.• . .
<br /> _.,.��,,_„_.,. :' �,y����g�.If the loan secared by this Secvrity Instrument is subject to a law which sets maximum loan c ges.
<br /> "��T" '' : . - and that•law is finally intetpreted so that the interest or other toan charges collected ox to be collected in cannecti°n�'nth the —
<br /> .�;�
<br /> ` ``"'� � loan exaxd the pefmitted�imiu.then: (a)any such loan charge shal!be reduced by the amount necessarY to reduce the charge � _�
<br />`:.��c�..��a.�`;.: ' �'��-
<br />��,.��.�- �ro)�r►Y s u m s alre�ad y wllected fram Boaower�isi.ch exceeded pemutted limits wiil be refunded to
<br /> ='��`'-- �• ' to the�titted limit: -- -
<br /> __�_-_,F�-N tfit•.... .
<br />=`�=�'" '��� •, Borron:cr. Lender may choose to make this refund by reduc�:.� the pr�.=pa1 owed under the Note or by �ng a direct ;�,:-
<br /> � �_f_,;;��s*D: .. ��.
<br /> - _ . ,•;:41+., paymect zo Borrower. If a refund reduces principal, the crzruction wi?I be treated a�a partial pre�ayment a�thout any
<br /> `.• . . .. . P�PaYment charge under the Note. • �`�vx�_a�-
<br /> .._ ... ,
<br /> � 14.Nottces.AaY norice to Borrower provided for in this Security lns'�.r.:ment shall be given by�:l,��+�:�g it or by mailing ..�b��__
<br /> Address .:��s.'�:'��-.�
<br /> . it by first cTass mail nnless appficable law requires use of another method. The notice shall be direct�rs�the Property .. �F ,�,i�,:�-_
<br /> _ ' � ar any other address Borrower designates by natice tRdec desi nates by no'ce o Borra�uer, Anynotice prov ded for�in U�s �-.._'."�+•'-�
<br /> ' ' Lender's address stated herein cr ar:y other address Le S ._
<br />• � . Security Insirument��be�e bi�t��,��"5���Bnst�r�umentrshall be go emed by Dfederal iawh�and�the�aw of the . �
<br /> ' 15.Governia� + rovis�en or clause of this Securin qnstrument ar the Note • _
<br />=,�r��' --� .�� jurisdicxion in which�,e Ptopertj+is located.ln the event that any p .
<br /> " :;:�:�:::� �' wntiicrs with applicable law.s.idz e.onflict shall not aff a�ry�pov s ons of this Securiry�nstrume ttand the N te ue d�ed
<br /> t� ,., given e ffec t wi t h o u t t h e o o n fl i c t i i�p r o v i s i o n.T o t h i s e n p � .
<br /> ��r{� � .,,.�..: to be severable. � F� j';.,
<br /> Borrower shali be�iven one conformed cupY Q�t�e Note and of this S�'�l I��ment. , , ..
<br /> ;, .,�,;,r. �. �,:, ' 16.Borrower's Copy Fortn 3028 9I90 ..
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