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'-+-.�..,.-- _- '��.-- �7[: -- Yl. m�.r� _ _y- ---rr-�..��.,,:2-2;rv - _ <br /> �_ _—r-.n..�y ,� .� � ' ' •-�T ' _"' _.., _' _ , --__ '-'r�-rT9�l.�}4L''-� <br /> �. � .. � .. �" . . ,. . � - ,� .. . _._ n_. .=;... <br />.., ';u . � . o _ . , . - ., _ <br /> .. __. ..... n . . .. .. <br /> .. . _ . . .. . . . . . . .. . . 1 <br /> • ��`�'�,���.a�i� . �,s.: <br />, `T1yli��31I9 ill;ly{l0 LOIIbrI��fGaU�i'Wd,at tlic o�tion of L.cndcr,if mor4�a�e ins��r�nr,�:covei�nBe(!n tiid illii011il�flR�f0Y L�i��,.^,1'�Ci� ;1;:n��; <br /> thut l.e.udcr requires)panvidca;�y an insurer ap�rav�d�y Ix�tdcr ngain Fr.,comes avaflabie nnd is oUtained. �Bormwer sh:tll p�y � <br /> th«�PRiiIIUCF.T9 CCQUIfCd[Q i11a712IAI1➢i119fZ�.;tI�B Ip,iUT�7il�i.IIl C�PCL'L�OY IO�1'OVIdC ii IOSS CCSCT'VC,until die��cquircrncs�t fof•mortragc -.�;_ <br /> insuearace ends in:�ccor�lance with any wr(Ren agreem�nt bctwec�n Barrowcr and Ler�dcr ar applicable lAw. -- <br /> 9.Ir�sp,ectfon.Ler,der ah�its nBent n�y muka ceusonable entries n�son and inspcctlon9�f the Property.Lender sh�ll�ive <br /> Sorrawe�•naticc at the time aE o�pr(oe t�an inspection specitying nASOUable cause for the inspection. <br /> 10. Condemnatlun, Tiie pracccds of any awnrd or clnian for damages, direct or cansequentini, in ecynnactian with any <br />- candemnatinn pr otl�er �aki�ng of uny paii of tbe Fr�perty, or for conveynnce in lleu of wndenmatiun,nre hereby nssignr.d c�� <br /> shaU be paid to�.ender. __ _ <br /> In the e.vent af u tutal taking o�the I'roparty,the procceds shall b�apPlled ta the sums securerl by this Security Instrurnent, . <br /> whether or noi then ciao,with aity excess paid eo Borrawcr. In the event of a partiul taking of the Praiaerty in which the fair <br /> market vnlue of the Property inunedictely before the takln�ls eyuaS to or�reater than the umount of the sume sccurod by tiiis -- - <br /> Security lnstr�ment immediately before the taking,unless Borro�ver and Lender otherwise ngree in wridng,the sums secured by <br /> thts Security Instrunient shall be raluccd by tt►e amount of tUe proceeds multiplied by the following fraction: (a) th� ta:�l <br /> ;unount of the surns se�curesl immcdiately before thc taking,divide8 by (b)the fair murket value of thc Propeaty immediatPly <br /> bef r�ths �:�ing. Aay ba9ance shull be pa:d to Iiorrower. Iii the event of n pnr�i?I t:�kin� �f thG Proncrty in which the fa�r __ <br /> market vnlue of the Praperty immedlutely heFore the taklnb is less than che aniuunt of the sums securrd immedtately bcfare the <br /> takin�, unitss Aoscbwee nnd Lender othenvise agree in writln�or unless npplicable luw othenvise provides, the procee�,ls sha14 <br /> be applicd to the�ums secured by this 5ecurity Instrucnent whether or not the sums gre thEn due. <br /> If die Prop�rty is abanidoncd by Horrower.ur if,after notice by Lendcr ta flo;rowcr that the condemnor offecs w m�.4e an _— <br /> uward or settle a clnim for�tamr.ges, Horrower fails to r.spond to L�nder aithin 30 days aRer the dute the notice is given, <br /> Lend�r�s authorizecl to collect cu�d apply the procceds.at its option,either to restoration or repalr of thc�rup�ty c�r to the sums - <br /> secured by this Sacurity Instrument,whether or not then due. <br /> Unless l.endet nnd�orrower otlierwise agree in writin�, any lpplication of proceeds to principal shal! not eztcnd or - <br /> postpone the due date of thc monthl�payments referred to in gari�raphs 1 and 2 or chunge the anount of such payments. - -- <br />' 11.Borrower Not ReleasMl;Forheurancc By L.endcr Not g Waivcr.8xtension of the time for payment or modification <br /> „c�.,,,,..t�^�.:a..;,.f rFw cm�c cnrurrd hq thic Co���ritv Tn�tn�mrnt�rnnteYl hv i cncier to nnv c��rceccnr in intere_¢t of Borrnwei sltttll '"- <br />� not operate w release tl�e liabiliry of the original Bonower or Borrower's successors!n interest. Lender shall noi be required t� <br />� commence procr.edin�,c egainse any successor in interest or refuse to extenA time for payment or otherwise modify umortizatian _ <br />' of thc su�ns sccuzed•by this Securiry Tnstrument by rcason of any demund msde by the ori�in�il Borrowcr ar Borrower's <br />' successurs in interest. My forbeaixnce by Lender in exercising any right or remedy shall not be n waiver of or preclude die ° - <br /> exercise af any ri�ht or rcmedy. �=. <br /> 12�'Successore und Asslgrts Bound; Joint and Several 1L,iabilfty; Co�ignero. Tho covenan�s and agrecments of this Q�� <br />� � Se.curity Instrumant shall 6ind nnd beneGt the successors and aBSigns �f I.ender and Borrower, subject to the provisions of ��` <br /> paragraph 17. Borrower's covenants :u�d agreements shail txe joiut a,�u sevetal. AiAy Borrower wha ca-signs this Sccurity t,,;,; <br /> Instrumeut but does not exea.ute tha Note: (a) is co-signiag this Security Instrument only to mortgage. gmnt and convey that �,-_:.: <br /> Berrorrer's snterest in tl�c Property under thc terrns of this Security Instrument; (b)is not personally otrligated to pay the sums ' <br /> secured by�2�is Security lnstrument;artd(c)agrees that L.ender and any other Bonower may agree to extend.modify, furbear or P;��` <br /> make nn �cco�n�nodaqiors with re �rd to tlie terms of this Securi Instrument or the Note without that BoFrowcr's consent. �� ' <br /> Y 6 �3' C-"•::_ <br /> 13.Lc�an Char�ces.If the loan�ecured by this Securiry Instniment is subject to a law which sets maximum toani charges, T <br /> and thai law is Cnally interpreted so that the interest or ather loun chur�es collected or ro be collected in �connecuun with the <br />; loan exccacl�the permitted limits, then: (a)uny sach loun churge shali be recluced by the amount necessary to reduce the charge <br /> ro the pormitted limit: and(b)a��y sums already collectrxl from�onower which exceedecl permitted lirnits will be refundecl to <br /> Bnrrower. Lender may choose to make this refunci by reciucing the principal owed under the Note or by making n direct <br /> payment to ]Bonower. if n refund reduc;es prSncipal, the neduction will be trea�ted as a paztial prepayment vrithout any -_ <br /> prepaymefit charge under the Note. <br /> 1�3.•Notices.Any notice to�orrower provided for in this Securiry Instrucnent shell be given by delivering it or by mailin� <br /> it by first class mail unless upplicable law requires use of another method.The notice shall bc directed to the Property Address <br /> or any other addr+ess Horrower designates by notice to Lender. Any notice to L.ender shall be given by first class mail to <br /> Lender's addmss stated herein or:uiy other address Lender designates by notice co Honower. Any notice provided for in this <br /> Sacnrity Instrument shall be dceme.�t to have becn given to Borrower or Lcnder whsn given as providerl in this paragraph. � <br /> 15.Goveming Luw; SeverttbUity. This S�urity Instrument shadl be govcrncti �y federal law and the law of the ' <br /> ju�fsdiction in�vhich the Propeny is loc,ltai. In the event that any provision or clause of this Security Instrument or the Note , <br /> cot�flicu with applicable law,sunc�onflict shall not affect other pmvisions of this Security Instrument or the Note whicli can be <br /> given cfFect without t?�e conflicting provision. To this end the provisions of this Security instniment�uid ehe Note ue declazed <br /> to be sevemble. � <br /> 16.llarrotivcr's�upy.F3orrowcr shall bc givcn one c�nformed copy of the Notc ansl of this Security Instrument. <br />: �orm�028 9/90 <br /> Papo 4 of 6 <br /> I � . <br />".��i:`_. .:i..�.„-....- � �� .. � � �. .. .. -• � • �.. ,-.�-..-�.;-'—�7—.�..._T. .T ,__�,.... . u .. <br /> - . i/ . . i� .. <br /> � � ;, ' ..-� .. .. .. `. .. . . , , i� � . . �. �. .. <br /> .. .. .i . .. ;. . <br /> ,. , .. .. o , .. '� .. - .. -� I .. . ., �` .. .. <br />. .. � �� .. - . 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