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<br /> '���� psya�nts may no tonger be re�uiced.at the gpfion af Lender.if mortgage ins�mnce mverage(in the mnonat aad�cr the pe�ivd .
<br /> �-=`r-� 4'�ai Lender r�qnims)AroYided by nn ci�ur�r agpruvai by Lcnder a�ain traoames available uad is o'Dtainr�.�arrb;��r sh�9l�ay
<br /> �4..,,;_ e= 1
<br /> � �`���''�` t�e premiums required to masntain mortgag�insurance in e1�'ect.or to provlQe a loss reserve.unril th�irquirem��for�tsnag,� . �.
<br /> �.��'_� _�. `
<br />- - °_s:-y. , inswanoe er�in.scordanoe�vith aay�vritten ogreea�ent b�tween Boirow�s and Lender or�ppiicabte L•rn�t.eade�shall 4c �
<br />-- -��y`,�";�4� g,i�spectfoa.Lender or its agent a�y make r�sonable enuies ugan and�ians of th�Prapeitp•,. S�
<br /> r.x;
<br /> 'k �:' Bo:rower notic�3t tfie teme of or prior to an ia5p�ion sp�ifying re�sonable cau�e for the i�,Qectian. �Y :
<br />,_--`—�,` ��`.,.�,:�.:; 1@.Cund�mu�r3do�.The pruceeds of any a�;ard or claim for damages.dir+oct.or sansequenual.in cann�tion�vish. ` .��.
<br /> `�� K' eondemaation or othcr takin�of aay part of tAe Ptope�cy.or for oanveyanae in lieu of oonde�u�ation,ace hereby�signeil ut�d •
<br /> � ' � . � .sha116e paid to la,uder. . . -
<br /> { :' - In the evePt�of a total taking of the Property.tite proceeQs slt�lt be u�pti�l tu the st��its secut�f bY�hss 5�itY�'-�F-. -
<br /> ''�' ;"'� '� whether or rmt then due.with auy eacess paid to Borrower.In the eQem og a par�al c�lsins of the Prapeaty in�1�ic�t�.fa�r . . .
<br /> --:`��:�''���:°�..�: J. ' market value of the Praperty.imm�ediately 6efore the taking is equai to or�eeater tt�an the aznount af the sutns secaYed by.tj+i�. ` ..
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<br /> -=';;`%=°t:?`��r�'�` Secvrity h�s-uumeat ia�madiately before the takiisg,e�nless Bomnwer and Lender othetwise agree in�vritirtg,tL*e s�ms soc�rod.bY �
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<br /> � `.•: this Security Instrament shali be reduced by the amount of tha proceeds muttiplied by the following fractitan: (a�the�til� .,
<br /> � •� � ' aia4vat of the sums�ured immediaizly before the taking.divided by lb)the fair marget value of the�roperty :�--�•� -
<br /> �-=-�;`--.:�`.'•:.'� bal3nse shall 6e paid to Barrower. In the event of u partial takiag of the Fcoperty,an which tl�e�?t=':..:,�.--..
<br />_��=,_,��•� °:a,;; •. ixfore the taking. Any .
<br /> `��`�'.:; .. .. .{�: ; market vatue of the PrapertY immediaLeJy before the taking is dess than the ammmi of the sums secured immediatet�?befa�e 1�e. .
<br />�"`=':- = ''� ' t�ing.�mIxss$cnrower and[.Qader othecwise agree in vmtin,g or uniess applira6le Iaw oth�raise pmvi�s.ttae pm�e'ds siali�� :
<br />-a�s. .. � • • .". . , ; .
<br /> ° � � � be applied to the s�uns secur�d by this Sea�rity Insuument a;hethu or aot th�.sucag are thean due. .
<br /> ��;':;,,"`r� � � I�the Progerty is ahandnne�by Bmm�wer.or if.xfter nories by Ir.a�der ta Bomuwer th�the coademnar offers.ta msice m
<br />.:�;,.,.:�..�•: �;'� '�
<br />'�;: - award or seute a ciaim for damages.�Bormwer fails to•respond to Lender withia 30 days after shs dz;M.tt.e_aoti,x is�--_
<br /> . ar�ta � �
<br /> • .'�r;-� � Leader�is authorized to wltect and appiy the proceeds,az its option.either to restoration or rep�ir of thz� —
<br /> � ,� „ .._,_. securad by this Security tasnuu�eat.whether ar not then due. . _. � ' ,-
<br /> ?�.:� �:::. :_• . '
<br /> -- � ��--YSntess-]xndec.atid.Banruwec othermse a,�c�_ln wnung. an3±aPPlication of pro�eds io pna�st�is±t,exte�d °
<br /> '� 6};' � postposie the due date of the mor�ihly payments referrc,d to in paragraphs t and Z�or ctiaiige the amount of such paqm�nt�,` -�
<br /> �6`` '•� '.. � 11.SorroRer Not Eteleased;Forbearaace By Leader Not a Waiver.Ext�nsion of the time for pay�su or-°
<br /> ,r : • of amortization af the sums secared by this Seruriry Insmune�t granted by L.ender to any saa�or in interesf of=T__._
<br /> ,..: :.::. . .-
<br /> '••:--t----�—-..: qot operate to release the tiability of the origiaal Borrower or Botrower'�suooessazs in interest.L�ender shall not bc
<br /> � : � � . wiricrienoe proceedings againss any successor in interest or refiue tu extend time for payment or atheiwise m�difY'. . • ` �
<br /> of[he sums secured by [his SecRUity Instnim:nt by reason of any demand made 6y the original Bono�ver oi B�riower's• .
<br /> � successars in interest.A�i farbeazance b}+Lender ia exercising any right or remedy shall not 6e a waiver of or pte�tude the
<br /> • � � ` � exercise of any right or remedy. � .�� �Y��d a�ents of dus -
<br /> . . 12. Su�us and Assigas Boand.doint and Several Lia6ility;,Co�sfig�t
<br /> ' Security Insau�...�-r'sha11 b9nd and benefit tk.z successors and assigns oY i.emder aad Borrower, suhject to the provision5 of . _
<br /> � � ,,:, : p�ph 17. Berrower s w�enants aad agreemenu shall be joint aad several. Any Borrawer tivho ao-signs this Sec,vtiry
<br /> ' • Inszr,�ent but e�oes not execuu the Note: (ay is co-si�t�is Security Insdument only to mortgage, graat aud amvey Wat .
<br /> . . `����.. � � Borrawer's int��in the Fmgerty under the terms of this Szwrity Insttument; (b}is not personalty obligat�ed to pay ttie snms .
<br /> � � secured by this�ecuriry Instcumert;and(c)agreES tl;at Lender and arry oth.°.r 8orrawer a�ay astx to extead,modify,fa�bear ar _
<br /> . '�;
<br /> •;. � , . '� • , make any accommodations�with�gard to the tem�s of this Security Instr�uraent or the Nate without that Borrower's conseni.
<br />,_;. ..t�,,,:,;: �3.Lot�n Chaiges.If ttv:lr,an secured by this Seeuri�y Instrumeat is subjeet to a law which sets maximum loan etszrges,
<br /> �i ..
<br /> ��,:l;;l�' •'>.� ,. :�, and that law is finally interpr�r'J so that the interest or u�ti�r loan charges collected or to be collected in cannection arit'n tlst �
<br />- " 'i'�''ti' � loan exceed the permitted limits.then: (a)2a.0 such loaa.ciu:rge sha11 be reduced by the amount necessary to reduce the chuge ,
<br /> ,:.`.,
<br /> �;F-: � to the permitted l�rnit;and(b)any sums�!'raiy collected from Borron�r which exceeded permitted limits will be refunded Ya ,
<br /> ,. "�:';� •,-� , Borrower. Lend�*.nay choose to make twi�refund by reducing t�e�eincipal owed under the l�Iae� or by making a di.*�t�:;:;..
<br />�°ti-�_�;_ .
<br />����=�_i-� ment without ait,�j`�.
<br /> " :, `��� �,� �: � payment to Borrower. If a refund reduces pr�ncip�. die reductiun wifl be tceated as a partial ptepaD
<br />. _r�'=• � • prepayment charge under the�c�xe. . :� .
<br /> 14.Nottc�:Any notic�t�c%Borrawer gruvided for in this Security Instrumert shail be given by deiivering it or by mailin�'
<br />��• � it by first class auisl unless applicable law n�uires use of anothec method. 7'he nodce shafl be direcxed to the I'roperty Addr�3.' �
<br /> -'� �'� ' or any other a�iss Borrower designates hy notice to l.ertder. Any nouce to Lender_shal{ be ��jven by first class u�ail 5.�.
<br />..;� . � � Lender's address stated herein or any other address Lender designates by norice to Borrower. A�aS+xouce provided for in ttus •
<br /> • Security Instrument shall be deemed to have been given to Borrower or Lertder whea gi��:n as provided in this paragraph•
<br /> _ �• ' � � 15.Governing Law; Severa6ility. '[�is Security 1n.strument shall be gover�ed by f�wral law and the law of the
<br />-.� .� �. �� ;�;3 jurisdiction in��lii�.h the Properry is locatai. ?n the event that any pm�i�i�on or daus�of this�a:urity Insttument or the Note
<br /> -� •� • , • conflicts with a�pt�sable law.such conflict�ftall not affect other provisusns of this Security Instrw'�ent or the Note which can be
<br />- . �. ' • given effect wit�out the contlicting provision. To tliis end the provisions of thls Securiry Instrument and the Note are deelara�
<br /> � . • • • to,bE sevemb9e.
<br /> ; ; �. . . � 16.Bomi:r•er's Copy.Borrower shall be given one confor►ned copy af the Note and of this Security instrument.
<br /> . • Form 8028 9190
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