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<br /> � n� pQyrr�tn4s may ro longcr be required,at d�c opsion af Lendec.if r��a;igagc i�isu�«r�c coveraee(in tlte antoamt nnd fr.T thc{xritxl
<br /> _,.k,�,..-z� ?�� �st i,endu rcquirc�)providu1 by eia ins�rcr ap(xovtd by[.cnder again becomGV t►vnilal+lc and is obtainr,�.t�ivmvr�.r�huil,6�y tf1e , ':.;,-, '
<br />-°"� "`��-�—„'�•=' prr,�niums roqulnd w maintain mortKeBe insura�►ce in effcct,ur to provi�te n Q�ss rescrve.unul thc cequu:,su,•4�t�`�.�ct���;uttgage . -
<br /> ':. , �_� insura�rice ends in accordance with anY waiuer,agrxrt�cnt betwan Rorrower and Le�sder ar applicabk;law. . ' �„ 3�k.-,a a_��
<br /> —_== 9.ic:�:::;,a. Lcrad;.r ar iis:,�;�x!m�y ttt^�e r���n�ph1�enstc9 upor�nnd ins�:dons of thc Fr�ngerty.I..�n�'f;t�F1��11�Gi�a ' ,�
<br /> HarAwa ooti�au the time af oe prior to an inspoction spocitying reasonabk cai�se Eor the insAoction. ;��r: •��•,.:
<br /> - - - - 10.Conde�enation. 'IUe proceods of any awurd �r claim for dam�es, dieoct or cu��sequentlril, t►� cAn,nscG,e�h�Yi�h uny 1, � '..� ''',.�``:
<br /> � �°�"��� condemnation a oQier taking of any part of the Pronerty,or tor convcyancc in lie,�t af Gondemnation,arc hcrrFjy as,��}?t�r.d und „ '� ~
<br /> __ __'a� �ha11 lx'paid to Lex�du. „ ..
<br /> `:.�:r6���' In the cve.nt of a total ta�ing af the Pmperty,thc proccecls shall be�PP1:c�1 to the sums sccured by th�:f Sct;urity I�r,M1trurtxcnt,
<br />.=�.3���,�`�s�q�, whett�t ar t�t�dae.aith nny excess psi�W Borrower.Ir�the event o4'a pc�rt�al talring af the PrAlx:rty en whi�lt�h�t,Cax market . � .
<br /> -'"-`-•"'�`°�`--"-; velue of the Pmperry immediately before the takmg�s squal to or greater than tho amount af tlie sumvi ce6uct�!ttl'''3�Sec:uiry , �
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<br /> Instrument immc.�tiately lxfore the talcing, unlcss BArrowcr and Lcndea otherwise �grec in wriang, lhr, &U[1t9,sa�vTCd by thi� ,,
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<br /> ----_,;�-� Security Instruer�t sdall be roduced by the ortaunt of the procceds muluplicA by the fallawmg fr�ictia�a: (o,l lh�Zor,al amount of
<br /> -�-=`:��� the sums secwred immsdiately beforc the taking,dividcd by(b) thc fnir maricet vnlu+r of the Propr.rty imrrnr,di�ir:ly before the • ,
<br /> �-�� �king,pny b�l,�nce shall be paid to Borrower.In the event of a partial takin8 of th�Propcaty in which rhe f.air�n.lrt�ct vnlu�of thc ..Mrw, •. .- -
<br /> .,-.n�-,� u�n.�ali�iely before the taking is less ihan the amount of the sums secum�cl immecliately 6efo:c� Rx�,taking. unless » ° ';
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<br /> T�=,����:""C Boanwcr and Luide.r othr.re�r;,5e agrec in writing or unlcss�pticabie law au`►awia�praviS���the p:�eads stu�lC!!►e 2pp��d to the ,.- -
<br /> ��';��4'� ` sums sxuced by this Secur�G�Insuument*�t;c•�:,.cr r_or the sums ace then due. I ._
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<br /> �,� If the Propaty is ab�ndoned by L�awe�r,or if;flCter nctiice by I.endcr to 8omnwer that thc condemnae ai'fces ta malce an I
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<br /> , _�,� �('i,'•,., award or sc,ttte a claim for damages,F���w�.�a.,�w w��•�,��u w..�,«u... .:::...,,�...+»
<br />:�`��"`�`�'� -t��`�' 3s auU:oriud to collect and apply the practxAs.at its opdon, ci�her w restoration or repair of tho Proge:cty e�r to the sum.c secured .�t;:.��_� ,
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<br /> �.;,�,� �Sy Wis Socurity Insuument,whether ar not then due.
<br /> 4' Unless I,cader and Borrnwer othenvise agae in writ3nB� anY aPPti�tion of proceeds m princi�al shnll n�r,eatenc�ar postpone � �'
<br /> ',��""`�''� tfu due d�4f tho monthly payments refeacd W in paragraR�1 stnd 2 or change the tunount of such��ayma:n�9, �
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<br />--:.�+..•. .::' il.Bornoee�Nat Rekased;Forbe�rxnce By Lender Not a Waiver. Fuctension of the timc fox paymr.nt or modification
<br />_�J`��.���•� '� . � of amoitiTatian of the sums secured 6y diis 5ocurity Instrument grae�r.3 by Lend�r w any successor in iu�tr.m.�t of Bonawer shall
<br />`-`�:� ��' � irot operate to release tho liabtlity of the arijginay Borrower or Bortower's succ;cssars in interest 1[.endnr shflll not be required to I(
<br /> ,�.:..'•� 'r,'�'t'"f canmence prace�ings ugai�s[any succes.wr u�u����,,�t�,�"�i�w.2G'i,ie:S,T.��:�;t.^.�.iti�z aLh�rxsf.'!�!�tl�fy amneti��tion of t �.,�
<br /> � � . '",� ;� the sums secured by�his Security Instnunent by re�ason of any demand matle by tha origNal Benowar or Bac�vwe�'s successors �' �"�;�,•
<br />•� �;;;(�,: in intrlese.As�y forUearance by Lender�n�nercisin�any right or remedy�al!r,ot!rs a waivc�ef�:�r prer,l�icta rhe eaereisa of any µ�,��
<br /> ;. . .. �;:��?`,� . right or retr.s��y. �_,:
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<br /> ' '�'•*''�� 12.Successors and Asstgns Bound;Joiat and SevePUl l.i�b[tity; CasJgners. '[l�e covenanGV and a�reemenu of this .• :;�+••-
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<br />_�:��y`�',.,;;;�;;; .� • Secuziry Instrument shall bind and benefit die succasors ar•d essibms of Lex►der sind Borrower.sukjt:r.t tn the pravisfons of ���`% _
<br /> -�'.:--•�. �}'�''ti� �t�raph 17.Borrower's covenants smd agroe�nec3s shall be joint and several. Any Bonowcu v�rho co-signs this Security �
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<br /> :,�:,...._;_��� ; Inst�umer�t aut does not oxecute the Note: (u) is co-signing this Securiry Instrument only to mort�►ga.�r,ar►t and oonvey that . .: �
<br /> -_:�s:�.���• Burrowcr's iataest in the Pcoperty under Ihc t�eams o�'this Sauricy Insuumcn��)is not�crsonally c�li�,nccd to p�y the sums t .
<br />,,;�;��_-` ,�,;•"�t' sccurcd by this Security L�nsuumenr,and(c)a,grecs that I.ender and any othcr Horrower may agrcc to entetid,ra►alify,forbear or ; , :�_ 1
<br /> - _ _. ,�„ male any accommodaiio�s with regard w the tcrms o£this Security Instiument os the Note without thnt Rc+c�ower's amsenc. �
<br />„';,•'"`�"" 13.Lwao Chsrge�. If die loan sccured by thiv S�curity Instrument is subject to a law whiah scts mui.��nm loan c t i a rges, ; �'. •;
<br /> -'W�:,�.'-n..,��'� o. and that law zs finall in reted so ti�tha interest ar other loan charSe9 collected or to bo coll,e�ted'u�connectian with the loan � ,; ` '�� ,,.
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<br />- ,-;T,�-;�j''•�•� e x c c,a l the p c�m�ued limits.then:(a)an y such loan chargc shaU be resluced by the amaunt nemss:xg•to n�educe�i��charge to the ; .
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<br /> --�r?..�_-,�;�'; permiued limi�and @)N►Y sums alrea�ly collectod from Bormwcr whi�h cacceded permittcd ynu�wnU f�e refundcd to Horrower. . • .
<br /> `•=••; - • � Lender may cho�se co make this refund by reducing the principal owed under the Notc or by m�l:ing a direct pay�nt to � '-. .
<br /> Horroever.Yf a r�fund recluces principal,die rerluction will be treated as a partia!prepayment withaut any F:e,paymcnt charge '
<br />_- -� •. : undcr thc Noi� ; .� �i�.
<br /> �"'� _��^'�� 14.Na�iea. My nohice co Bocrower provided for in this Saaraity Inswmcnt shall be Qivc�by dcllvcring ie or by mailing it
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<br />- ,���;;.„��� by first class mail untess appiicable law requires use of another rr.e�hod.'t7ie norice shall be ciE�cieci to LM:'.�'opccty Address or
<br />°`':.:�:�-�_. -: any mher addtess Botrcw.er designates by nodce to Lender. Any nadee to I.endec shall Ce given by Cust cL�s mail to i.ender's ��•
<br />`^''"`rr:�"••� �� address stated he,rein or any othea address I.ender designa�s by nov.ca to Borrower. Any nodca provided for in this Security
<br /> ' � Insttumen3 Sl�sll be deemed to have been givcn to Borrowcr or Lcndcr whcn given as providad En this pamgra�h.
<br /> �- - -. ;;��, IS.G�vsrning Lra�v;Severabflity. 'Ihis Securiry Insnumcnt shall bc govemcd by fed�ral law and the luw of the
<br /> ;� . . ..•;:_�F
<br /> jurisclictioa in which the Pt�npercy is located.In the event that any pmvision or clause af this Securiry Inswment or the Note .
<br /> ., . �• :.� . cantlicts with applicablo law,such conflict shall not�1'f'ect other provisions of this Security insirument or th�Note which can be
<br /> .� given effect withaut the conflicting provision.To this end the provisions of this Sec;urity Insuument and the Note are declared to
<br /> � �� 6e severable.
<br /> �.
<br /> _ . �� � Form 3Q2a 9l90
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