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" .. . . ..-��+ ' "'""'_—"._. . <br /> • ____-'aa�.Y�y�t�11�J�Mry+KU.'JAM�}��Iy1�Y�`,� r�,Tt� .e'.R. ., a �� . � ' . • .-. . .. . ... - ' � . .. �� t.��..�.:._-.-.�... —� — _ .... <br /> - ..n,.,,�,aFr�r:��1r+V�^.�.. ......_�.. ..wP.•-,- � - - - _ � -'- . <br />�.� " . ..�...r. . - . . . . , . .. _ . . . . . ..- . . .. . , --, { ,..v„`r �- . <br /> . . � . .; - -- -= <br />-� ._ �, � - _ , .. _ �, t.i�`� -,-, <br /> ; .. . .. .. . �� . .. . � .. .. _ <br /> _' - '•�.�t.i___.�_.....a...:.�a.• ��:.�.y�.__,.,.... _"�•. ,��.s`..�.:rM�"s�NL`�.wc±_,�.a.,,nt.ruMMYlfi(lFIL'Y6!'�iDltWE��.'.udH17YN.�t]Mi'�la�'C..."°'........ � ---- . . <br /> 1�:�aEilr. _- <br /> • • ., . .�__ ._......_._...�. ��'. <br /> ��- <br /> ` . � �Q����B �_ <br /> � � paynients may no longcr bc rcquircd, at thc option of Lender, if mortg,��;c inhua•ance c��v�+r�e�inihe:+mouns nnd fiir the period �_ <br /> � . , that Lender reyuires)provided by an insumr approved by Lendcr ngain becomcs nvailablc and is obtained. Borrower shall p�y <br /> - the premiums required to maintnin mortga;e insurance in eCfect,or to provide u loss reserve,until the requirement for mortgnge <br /> � � � insurance ends in accord:uice with imy written ngreement behvicen Rorrower and l.ender or applicable law. <br /> 9. Inspcctiun. Lender or its agent rnay malce reasonablc entries upon and inspcctions of thc Praperty. Lendcr shull givc <br /> " Bormwer noticc at the time of or priar to an insPcctian specifying rea��onablc c�use for the inspection. <br /> • 10. Condemnution. The proceeds of any award or claim for dnmages, direct or consequentinl, in connecEion with any �_-_. <br /> " condemnation or other taking of�►ny part of thc Property, or for convcyance in licu of condemnation, are hcrcby nssigned anA <br /> shall be paid to I..ender. <br /> In the event of a total taking of the Propeny, the proceeds shall be appliul to the sums secureci by this Securicy Instrument, <br /> • whether or not then due, with any cxcess paid to Bo�rower. In the evcnt of a partial taking of the Property in which the fair <br /> •,. • market value of the Propeny immediatcly bcfore the taking is cqual to or greater than the umaunt of the sums secured by tri9s <br /> , �t��. Security Instrumcnt immediately before the taking, unless Borrower and Lcnder otherwise agrce in writing,the sums secured by <br /> ° this Securiry Instrument shalt be reduced hy the antount of the proceeds multiplied by the following fraction: (u) the total ' <br /> ' amount of the sums secured immediatcly beforc the taking, divided by (b) the fair market value af the Property immediately <br /> before the taking. Any balancc shall be paid tn Borrower. In the evcnt of a partial taking of the Property in which ttta fair <br /> . market value of the Property immcuiutely bcfore the taking is less than the a�nount of the sums secured immediately before the <br /> �. taking,unless Borrower and Lender ntherwise agree in writing or unless npplicable law otherwise pravides, the proceeds shall <br /> • ,. be applied to the sums sec«red by this Security Inst rument whether or not the sums are then due. <br /> If che Property is abandoned by Borrower,nr if, after natice by Lender to Borrower that the condemnor offers to make an <br /> ' �• � award or scttic a cluim for damages, Borrowcr fails to respond to Lender within 30 days after the date thc notice is given, <br /> Lender is authorized to collect and apply the proceeds, at its nption,either to restoratiun ar repair of the Property or to the sums <br /> secured by this Security Instrument,whether or not then due. <br /> , � Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall rtot extend or <br /> - -- po�tpone ene due aace oi tnc munthiy pay�neni,rcicrrc�I iu iu paiugrapL� l auu 2 ur ci�auge ii�c amuuui ni�ucL puy�unii�. <br /> .' • 11. Borro�ser Not Released;Forbearance I3y I.ender Not u Waiver.Extension of the time for payrrient or modiftcatio� <br /> of umonization af the sums secureci by this Security Instrument granted b;� C.ender to any successor in interest of Borrower shall <br /> not operate to release the liability of the original Borrower or Bonower's successors in interest. i.ender shull not be required to <br /> " commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization <br /> of the sums secured by this Security 6astrument by rcason of any demand madc by the original Borrower or So�ro�ver's <br /> successors in interest. Any forbearance by Lcndcr in cxcrcising any right or rcmcdy shaU not be a waiver of or precludc the <br /> excrcise of any right or remedy. <br /> „ 12. Successors nnd Assi�n5 13ound;Joint und �evernl 1C.Inbtlity; Co-signers. The covenants and agreements of this -- <br /> Security Instrument shall bind and benefit the successors and assigns of Lcnder and Borrower, subject to the provisions of -� <br /> paragraph l7. Borrower's covcnants and agreements shsll be joint and several. Any Borrower who co-signs this Security �_ <br /> �� ' [nstrument but daes not execute the Note: (u) is co-signing this Security Instrument only to mortgage, grant and convey that �`"� <br /> � ` Borrower's intcrest in the Property under the terms of this Security lnstrument; (b)is not personally obligated to pay the sums ���` <br /> , , secured by this Security Insu•utnent:and(c)a�;rces that Lendcr and any other Borrowcr may agree to cxtend, modify,forbear or �� <br /> :�: <br /> . muke any acec�mmodations with regard io the tenns of[his Security Instrument or the Note without d�at Borrower's consent. <br /> 13. Y,oan Charges. If the luan secured by this Securiry Instrument is subject to a law which sets masimum loan chnrges, <br /> and that law is finally interpreted so that thc interest or other loan charges co;lected or to be collected in connection with the <br /> _ loan exceed the permitted limits, then: (a) any wch luan charge shall be rcducul by the amount necessary to reduce the charge <br /> - , „ to the permitted limit; and(b)any sums already rollected from Borrower ti•hich exceeded permitted limits will be refundecl to <br /> -- , �� Borrower. Lender may choose to make this refund by rcducing the principal owed under the Note or by making a direct <br /> paymcnt to Bonower. If a refund reduces principal, the redurtion will be treated :�.ti a partial prepayment without any <br /> prcpayment chargc undcr the Nutc. <br /> . 14. Notfc�s.Any notice to Bormw•cr providcd fur in this Sccuriry� Instrumcnt shall h�given by dclivcring it or by mailing I „ <br /> •• it by tirst class mail unless applic�blr law reyuires use c�f:�nother method. The notice shall be dirrcted to dte Property Address <br /> or any other address Borrowcr designates by notiee to L.cndcr. Any notice to Lender shall he givcn by first class mail to <br /> t Lender's address stated herein or any othcr addrcss Lcndcr dcsignatcs by notice to Bottower. Any notice provided for in this <br /> ' Security Instrununt shaU be dccmcd ro havc been fiiven to Boirower or I...ender when givcn�s providcd in this paragraph. <br /> 15. f;merning I.aw; Severabilit}•. This Security lnstrumcr.t shall b;, grncrncd hy fuleral la�v and thc law i�f thc <br /> jurisdiction in which the Property is located. In the event that any provisiun i�r rlausr of this Scrurity Instrument ur the Note <br /> , - cimflicts with applicablc law,wch conflict shull not affect uthcr pro�isic�ns c�f this Sccuriry Intitrununt or thc Notc which can bc <br /> ,. given effect without thc ccmtlicting provision. Tu this enJ the provisiuns of'this Security Instrument :�nd thc Niue am declarcd <br /> to bc scr�rablc. i <br /> •• 16. Iiorm�r•er's Copy. Borrower shal l he given one contbrmed copy of thc Nenc and ��f thi,Scrurit}-In�trumcnt. � <br /> -s------ _ ----= Form3026 9/90 �-- <br /> � -- —`__ - _ <br /> Pnp�4 0l G �" <br /> '� ,� .. '��� I <br /> Ix ' <br /> �' -•. ,•- <br /> , --...___._�._:.-_---�-..--- _. _. ___ __ — ..- .. . . .. .. ... .. ... .. . .. ..-----..._.,_._........_. . .... .. _ . <br /> � , ., <br /> , . <br /> . <br /> � • . � <br /> , <br /> �� . . <br /> � ,.. <br />