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<br /> paymcntF mtty no langcr bc rcqu{rcd,iu thc�ption i►P l.cndcr,if nmrtgago insumncc covorago lin tho um��unt u f'or thc�crlod
<br /> th��t l.cndcr rcqufres)provicicd hy nn insurcr nrprc►vcd by l.cndcr ngoln bc�rmics nvnilabic�i►n�l iK nhlntRCd. E�nrrowce e1�u11 pny
<br /> tho premlums rcqi�ircd ta mnimnin mmtgngo Insuruncu In efPcct. ar tu pr�vfdc u lo�a rescrvc.undl ti�o icyutrcmcnt for nmiigcs�o
<br /> insuronce e��ds in uccuntunre with uny written ugreeinent het�veen Harrnwer�ind l.ender or nppilcable luw. �
<br /> 9. In.rpectinn. l.cndc�ur it�ugcnt mny mnkc rtn++unnblo entrics upcm nn0 Inspcctiuns ui'Ih� Nropcny. 1 ender hhnll givo
<br /> &►rruwcr n�itlrc at th�tinu��f or pdor to un inspcctiun xpc�:ifying n:utinnablo cuuhc Pi�r tho{nspectinn.
<br /> 10.Candemnatinn. Ti�c pr�xeMla uP nny nword��r cinlm fi�r damugc�. direct or riiunequentiid. in Cannecttun wlth uny
<br /> condeninati���t or other Uiking��f any pcm uf iho Property,ur fur cuhveywiro in Itcu af cs�n�emnati�m, ure hereby t�gsfgned tutd c
<br /> shaU be pntd to l.endcr.
<br /> in the evcnc+af a total taking uf tho Property,the proceed+Kh�ll L+e uppUcd to the sums xecurcd by this Sccurity Instn�mcnt.
<br /> whether ar not then due, with any excess puid to aorcawer.In thc event af u purtiut taking af the Property in which the fuir
<br /> market vatue of the Pcoperry imme�iately befare tho taking is equnl to ar gre.uter than the nmount of the sums secured by this
<br /> Securtty Instrument immcdiately befare tho tnking,unlesa Aorrower and Lender otherwise agree in writing,the suma serured by
<br /> this Secudty Instrument sholl l+e reducrci by the nmaunt af the pmceeda multipiied by the follawfng fraction: (a)the tosal
<br />, amount of the sums secunxl immediately before the tuking. divIded by(b)the fair murket value af the Property immediatelY
<br /> before the tnking. Any balance shall be puid to Borrower. In t1�e event of a partial taking of tt►e Property in which thc fair
<br /> market vatue uf tha Pmgerty immediately before the taking Ia less thun the umount of the sums secured immediately befare the
<br /> takins. unless Borrower and Leader otherwise agtee in wdting ar unless appllcablc Inw atherwise provtdes,tha procee�ta shall
<br /> be applied to the sums secured by this Securiry Instiument whether or not the sums are then due.
<br /> If the Property is abandoncd by Borrower,or if.after notIce by Ixnder to Borrower that the condemnor offers to make an
<br /> awarcl ur settie a c1alm for damages, Borrowcr fuiis to resportd to Lender wlthln 30 days after the date che nodce ia given.
<br /> Lender is autborixed w collect aad apply the proceeds,at its option,elther ta restoration or repatr of the Property or to the sums
<br /> secured by this Securitv[nstnunent,wh�td�er or not then due.
<br /> Unless t�cnder a��d liouower otherwise agree ln wtidng. aay appHcut�on of prac� t� prim:ipst �hat! ��t rxtenJ�.,r :
<br /> •po�tpone the due date of the monthly puymerts referred to in parc+grapks 1 and 2 or change ihe amount of such payments.
<br /> 11.Bqrrower Not Reir,ased;Forbearnnce By Lender Not a Waiver.Bxtension of the time for payment ar modificadon
<br /> of amartlzatlan pf the sums secured by this Sxur�ty Inatn�ment granted by I.endsr to any successor in interest af Borrawer shall
<br /> not operete to release tita iiab311ty of the original Borrower or 8orrawer's successors in interest.I.ertder shall not be requirecZ aa
<br /> couimence proFe�dings against any sucassor in interest or mfuse to extend tima for payment or otherwise modlfy amortizatlon
<br /> of the sums se�ured by this SecurIty Instiument by season of any demand made by the original Honower or Bomower's
<br /> successors in intemst. Any farbearance by Lender tn sxercising any dght or remedy shall not be a waiver oG ar preclude tkte
<br />� 6n��8��F�$�i2 i3f fCii1C��. : ' . ' _
<br /> 12.Suaoessora end A,ssigias Baundt Juin1 and•Severai I.inb�3tyi Co-signers. 'I'he co��enwUS and•a�reements af t3►is
<br /> Securlty Instqument shall hind and b�nefit�h�succcs.sn�s and assigns of�.end���and 8arro�ver, subject to ttie.:Qrovislana+of
<br /> paragraph 17. Borrower's covenants und agreemenls shafi be joint And sev.eral. Ariy Hosawer aho ca-s9gns this SecurIty
<br /> Instrument Mut does not execute the Note: (n) is co-slgning this Security Instru�ent oNy to ritortgage.grant and convey that
<br /> Boirowet's interest in the Property under the terms of this Securiry Instrument;t�)ie not persanally obligated to pay the suans
<br /> secured by this SecurFty Instmment;�nd(c)ugrees that Lender aml eny other Borrower may agree co eatend.modify.forbear or
<br /> make any actommalatIons w[th r�egrud to the terms of thia Securtry Insuument or the 1Vote without that Borrower's consent.
<br /> 13.1roAn Cdaeges.If the loan secured by this Secudty[nstrument is subject to a law whlch sets maxim�un loan�harges,
<br /> and thAt law 1s finally intetpreted so that the interest or other loan charges coliected or to be coltected in connection with the
<br /> loan exceed the permitted limits. then: (u)any such Inan chnrge shall be ceduoc�by the amount necessary ta reduoe the charge
<br /> to the permitted limit;and(b)any sumv already callected from Bortower which exceeded permitted limits will ba refundod to
<br /> Borrowcr. l.ender may choose to msnkc this ref�nd by reducing the princlpal owed under the Note or by making a direct
<br /> payrr�nt to Borrower. If a refund reduces principal. the reduction will be treated as n partiel prepayment without eny
<br /> pnpuyment charge under the Note.
<br /> 14.Notices.Any�otIce to Borrower provided for in this Secwlry instmment shnll be given by delivedng it or by mailing
<br /> it by first class mail unless applicable taw requires use of another method.The notice shstU be dir�xted to the Propercy AQdress
<br /> ar uny o�er nddress Borrower dcsignates by notice to L.emler. Any notice to Lender shail be given by 8rst class n�ail to
<br /> ixader's address stnted hereln ar nny other¢ddmss Leuder designutes by notice to Borrower. Any notioe providod for in thIs
<br /> Securlty Ic�strument shaU be deemed to have been givets to Borrower or Lender when given as provided in thts paragraph.
<br /> 1S.Governtng i.aw; Severability. 'It�is Security Inshument shall be goveraed by federal Inw anc! the Inw of the
<br /> jurisdictlon in which the Pmpert,y is locuted. Yn the event that any pmvision or duuse of this Security Instrument or the Nota
<br /> contlicts with applicnble Inw.such conflict shall nat at�'ect other pmvisions of this Secudty Instmraent or the Note whtch can be
<br /> given effect without the contltcting pmvision. To this end the provlstons of this Security lnstrument and the Note r+re declared
<br /> to be sevemble.
<br /> 16.Borrower's Copy.Borrower shall be gtven one conformod copy of tha Note and of this Security�nsuument.
<br /> Fortn 3028 9f90
<br /> Ppo 4 018
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