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<br /> . . " � , �d . .. �. .. . . ., ' � .� .. .._ �;.°,r�,.. '�P.'p;,�.•.Crttt�`��:�.ww�•,x� .�t e�af!�}�A?WMh'��:,'�.
<br /> �' �." g 5_ 104'7�3
<br /> at the optian at Lender� if moctgage inauranca coveraga (tn the amou�Vt and tor tha pedod that I.andor �equir�)
<br /> "ti, • � provided by an insurer approved by Lender again becornes aveilable and is obteined.F3orrower ehall pay the premiums
<br />-='� - � raquired to maintaln mortgegc insur�nce in eifect,or to provIde a loss reserva, until the requttement for mortgage
<br /> � insurance ends in accordance with any wdttsn agreement bet�veen Borrowor and L,ender or applicable law.
<br /> ,. �� 9.Iaspection.Lender or ita agent may make reasonable entries upon and inepeati one of tho Froperty.I.cmdar shell
<br /> ��*:���;� gi ve Borrower notica at the tIma oi ar prlor to an inspecttan epeclfying reasonabla ca�se tor the inspeatlon. � .
<br /> °� �.�,� I0.Coademastiaa.Tha proceeds of any saerd or claim far damages.dfrect or consequentiel,in connection with �
<br /> �%°�+�11'� aay condemnation or other wking ot any patt of the Property�or for conveyance in lieu of condamnatton,are hereby
<br /> '+ assigned and shall bo paid to Lender.
<br /> " � � In the event ot a total taking of ttie Property,the ptoceeda ehall be applied to the aums secured by this Security �
<br /> � .' ; � Instcument,whethet or not then dus,Nith any exc�ss paid ua&�ttower.In the event ot 8 partial takIng of the Proparty tn �� .
<br /> : �� which the ialr markat value of the Property immediately betore the taking ia equal to or greater then the amaunt ot the
<br /> �' .}r�. , , � ' sums secured by thia Secvrity Instrument immediately before tha telcing,unlesa BocroNer and L.ender otherwisa agree
<br /> . ': ' in wrlttng,the suma secured by this Security Instrumant ehall ba reduced by the amount of the proceeds multipl�ed by '
<br /> ' ' '.���� the iollowing ftaction:(a)the total amount oi the eums secured tmmediately befota tl�e taking,divided by(b)tha fair
<br />- _ ...,:...`�" market value of tha Property immediately before the taking. Any balance shall be pa:d to Bomower.In the event of a •--
<br /> - ~����"- part;el taking oi tha Property in which tha teir msrkat velue oi the Property Immediately befora tha tekjng is less than .�-�'�y�
<br /> - !' -' �'�� ; the amount of the aums secured immediataly bafore the taking,unless Borrower and Lrender otherwise agree in w�iting �;�-:�.
<br /> _.. ...: ;...� *
<br /> �,,,,;_.;�_� or unlese applicebla law otherwise provides, the proceeds shei. ba applied to the sums socured by this Security .
<br /> �;; ,•� o Inutrum�at wFiether ar nai tho sums sre thttt du:�. �"`�
<br /> ' Ii the Pro p e r t y ts abandoned b y Borrower,or ii.after notice by Lender to Borrower that tha condemnor offere to �
<br />- � -�.'� makv en aaard or settle a claim for damages,Borrower fails to respond to Lendor�vithin 30 days atter the data tha �_�^�
<br /> -`.'}"4';.� �-=-
<br /> ? notice is vea,Lander is authorized to collect and apply the proceeda,at its option,eIther to restoratian or rapair of the ,.._W;
<br />_ . ,;.��,� Property o to the suma secuted by this Security Instrurnent,whetheror not then due. �'��'=`
<br /> • � '"� '" Uttless L,ertder and Bt�rrower otherwise agree in writing,eny application of proceeds to princIpal sholl not extend or ��;;
<br />_,b.. i�:.' , i• ._
<br /> ' poatpone the due date oi the monthly payments referm,d to in paragraphs 1 snd 2 or changd the amount of auch ,,,,
<br /> �n� �' PSYmente. `
<br /> =�.�y.:.: 'r;;� �;-'`
<br /> 11.Horrower Not Reteased; Forbeuaace $y Leader Not a Waiver. Esten.aion of the ttme for payment or
<br /> •r�`_.:V,.t. -s•,�: • modiftcetion oi amortization of the sums secured by this Seeudty Instrument ganted by Lender to any successor in =—
<br /> ��'♦.,���,�.,; ' irsttr�t af Borror.�er shsll aoi Qperstp tc+ r+�l�e the iiability of tAe orIginal Horm�er or Borrower's auccessors tn _
<br /> , . �. Interest.Lender ahall not ba required ta commence pmc�edinga agatnst any successor in interest or refusa to extend
<br /> A"� '' '"`-, � tima tor payrtent or otherwise modtty amortization oi the sums secured by thds Security Inatrument by reason oi any -
<br /> :.�;•:-: .•. . ,
<br />�.�b-.•��.�,�����;� , demand made by tha orig�inal Borroaer or Borroaere auccessore in tnterest.Any forbearance by Leader in exercleing
<br />�. �.._r..��r.
<br />,-:�- �r+;K_" " any right or remedy ehall not be a waiver of or preclude the exercise of any right or retncdy.
<br />=:�,�_'?�y���r ' 12.Successore and Aeaigna Boamd;Joiat md Several Llsbility;Co-stgnor�.The cnvenants and agreements
<br /> ai thia Security Instrument shall bind end benefit the succe�ors aad essigns of Lender and Borrower,aubjeat to the
<br />'`�'�',�' : provlslons ot paragtaph 17.Bonower's covenante and agreemente shall ba joint and several.Any Bonoaer who co sIgns
<br />-�='��-•�y' thfs Security Instrument but does not axecute the Noto:(a) ia co�igning thie Securlty Instrument ani�►to mortgage. _
<br />''�`r��-�--�� ' P�Y Y (b) is not -
<br />,�,.,,_:.._. grant and convay that Borcowere interest in the Pro under the tercns oP th�s SeaurIt Instrument;
<br /> ` :..`��'=r,�. personally obltgated to pay the sums secured by this Security Instrument;end (a)agoes that I.ender and any other
<br /> s" -°�'='�`� o bear or make an accommodatlona aith re to the terms af th�s Securit
<br />-�_,....�-..:��� Borrowor may agreo to extend.modity,t r Y � Y
<br /> --��� Inatrumentor the Nota wlthout that Botrower's consent.
<br /> _- -����� 13.Lan Chirgea.Ii the loan secured by thie Secunty Inetrument is subject to a law whtch se�ra meximum loan =
<br /> --'-=-�"'� chargea,and thet law Ie finally interprated so that the interest or other�oan charges colleated or to be coll� in _,.
<br /> - -=-y.::�� co�uioction with the loan exaed the permitted Itmits. then: (a)any such loan charge ehall�a reduced by the amaunt _
<br /> — neces9ary to reduce the charge to the permitted limit;and (b) any sums already colleated from Borroaer which -
<br /> �-� y.�-_""��". exceeded perrnitted limite aIll be re4unded to Horrower. Lender may choose to make this refund by reducing tha _.
<br /> �ti��� princtpal owed under the Note or by making a direct payinent to Bortower.If a r�fund reduces principal.tha ceduction -
<br /> --�,�� wiU be tteated ea a partiat pnpaYment without any prepayment charge under tho Note. -
<br /> __-�+.� 14.Noticas.Any notice to Bortower pmvided far in thia SecurIty Instrumentehell be given by dalivering it or by -
<br /> � rnaIling it by first class mail unless applicable law requires use of nnother mettiod Tha notice shalt be directod to the = -
<br /> :'-�=Y_,N;,�;-
<br /> _� _ � Property Address or any other address Bonower d�ignates by notica to Lendar.Any not ca to Lender ehali ba given by E-..
<br /> -- �-�� firet class mail to Lendor's address stated herein or any other addresa Lender designates by notice to Bonowar.Any =—
<br /> ".'_'��� aottoe provided for in thia Security Instru:nent shall be deemed to have bean gtven to Borrower or L�ender when given _
<br /> .��`��'�: � as provided in this ParagraPh. ��,--
<br /> ����±���`•.�;�� 13.Governlag Law;Sevorsbility.This Securtty Insuumesitahall ba governed by fedaral law and the laa of the �::�-
<br /> :�=`�:::r; ', urisdiction in Hhich tha Property ie located.In the ment that any ptoviston or clause ot this Security Insttument or the �".��:
<br /> --°'�:�';�"�'•- • �ots conflicts with applicabla law,such contllct shall not affect other provislone of thi�Security Iastrument or the Note ���
<br /> '_`-• '"�4°-�' ..�; which can be glven etfect without the conflicting proviaion.To this end the ptovieions of this Security lnatrument and ���
<br /> ,.::.--*;-�;' . �:� tha Not�are declarod to be severable. 4,:;`5r
<br /> .�.. ,� ;,
<br /> .'" Ferm 5028 9/90
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