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. ..,;,,.�,,.....--- ,.>.�,�,�: • �.P•u.-.cr.:.-,.... . _— — — -. ,�r •' „ . . _. . .. ,... - �.�'�'��'�::.:.. "� -- " --- -- - _ _--- - - - - , ..�._,_ -- - - � -- --_ - ---W - - -- - _ _ _ --- - - _ _ - - - _ - _ _ _ i�86�1.Q6'i4'��`r ptyaxnts»wy no langcr bo requit+etl.ul thc apdon of Lendcr.If mortgagc insuranca cavcrago(In tho amc�unt urtd for thc period th�l Lender requlres)provldal by un insuccr approvcd by L.endcr aguin becomes availablc und is ubtained.�omnwor shutl pny the promiums requirod to mwinuin mortgage insurance in effect,or W provlde e loss t+esctve.until tho reyulremrnt for mortgago insurence enda in uccurdsnco with uny wdtten agreemcnt bttwcen Borrowcr and Lcnder or applicublo law. 9. I�pectbn.Lender or it�eget�t mey aucke rea.��able entries upon wx{ ins�;,cdons af the Pragrr:y. I.ender shall gtve �-- Farrawer notiae nt the time of or prior to en inspection speciCying rc.asonAbie cause for the lnspection. 10.Con�kmnatton.'The pracads of any uward ur claim far cltunages.direct or cartstyuential. in canncctiar�with a►y �oondem��ntior.ar pther tpking af ar�r part of ehe P�perty.or for canveynnce in lteu nf rondemnatian.ure hereby�signed und shali be pntd ta Lcnder. !n the ev�nt af a total taking of the Prapert,V,,the praceads shull be upplied to tho sums secumai by thls Securfty Instru�r•cnt, whethcr ar not then due. with cu�y oxce3a paid to Borrower. lu Qie event of n partixl tuking of thc pcaperty ia which the fair m�rkU velue of the Property imme�iately beforo the taking!s equal to or greatcr than the a�nount of the sums securod by this Security Instrument imim+diately before tho takirtg.unless Bon+nwer snd i.end.,-r otherwiso agree in wrfting,the aums secum.@ by this Serurlty Insuument shall be roducod by the amount of the procceds multipliod by the following traction: (c+)the totel amcwnt of the sums socured immAdlatcty bcfo�+e the tuking.divjdod by(b) the fuir market vulue of the Property immaliatoiy befon the tnicing. �tny bulwrke shall be paid to BorraKror. In the event of a partial tsking of tha PropeKy in which tha fa[r mArket v�iue of ttte Pcoperty lmmediately before the taking fs less then tho amount of the sums securod jmmoditucly bcfore the taking, unless Bonowet nnd I.endcr otherwise ag�+ae in wriNng or unless appl[cnble law othetwlse provldes. the procaods shall be appliad to the sums axured by this Sa�udty Instn�ment whether or not the sums are the��due. If the Property iR abandoned by Borrower.or if.after nodce by Lender to Bonawer thnt the condemnor offers W make at► awnrd or sett�e a cleim for damages. Burrower fails to respond to Lender wlthin 30 days ufter the dnu the �otice is given, l.endor js uuthat3ud to coilcct ond apply tbe pmcecds.ut Its option.either to nstora�lon ar repuir af the Prope�ty ar to the sums stcured�by th�s SGCUdty Inotrument.whether or not then due. UNess Lender aad Borrower otherwise Agroe in writiag. any upplication of pmceeds to prtncipal shall noc extend or postpone the du�date of th„monthly paymei►ts�femed to in paregraphs t and 2 or change the amount of such paym�nts. 11.Borrowcr No�Rdeavedi ForbwrAnoe By I.ender Not o Waiver.Bxtension of the dme for payment or modificatlon of amortization of tht Eums secured by this 5ewrity Instnuneut granta9 by I�nde:to any sua�sor ia taur�s of Borm�ver shail not nperate to releasc the tiability of the originall Borrower or Borrower's sucassora in intcrest. Lender slwil not be requic�ed to commenoe proaalings agdnst any succ�ssor�n intenest or rofuso to extend tlma for paymeat or othenvise mod3fy amorti�don of Wa swns secured by this Sxurlty Instr�ment by ru�son of any demand made by the miginal Borrower or Borrower's sncoessura in interest. Any forbearance by Lender in exerclsing any right or remcdy shall not be e waiver of or praclude the exerc#se of any dght or remody. u.Su�.o�ors aM1 As�1ga9 Bound; Joint and Several LfaWitty; Co-sigaers. The oovenants and agram�nts of this Securiry Instrurnent shall bind cu�d benefit the successots and asslgas of I.ender and Dorrower. subjoct to tho provIsions of �agraph 17. Botrower's oovenants and agraments shaU tie joi�t a�xl several. Any Bon+ower who co-signs this Securlcy Insminunt but does aot execuu the Note: (a)is casigning this Savrity Insuvment only to mortgrigo. gtnnt ancl convey ttwt Borrower's interest in tite Propezty w►der the terms qf this Securicy Insuument; (b)!s not p�rsonally obiigatad to pay tha suma secured by this Secuaty Insuvment;nnd(c)agroes that J.ender and any other Boaower may agree to eztend.modify.forbear or �> make any axomrtwdado�with regard ro the tertns of this Secudry Insuument or the Note without d�at Bortawer's consent. ., i�.Lo�a Cb�rgee.If t1x loaa securod by thls Sxudty Insttument is subject w a law whIch sets maximum lwu�chargd, and tAat law is fenally interpreted so that the interest or other loan charges ootlated or to be collxtod in oonnoction wtth the loen axcad the permittod Iimits.then: (a)any such loan charge shall ba reduood by the amount aaxssary to reduoe the chuge to the permitted Iimit;and(b)aaY snms aiready wllected from Bomower which axceated permitted Umlts will be refunded to �orrower. Lender may chaose to make thts refund by reducipg We prIncipal owed under the Note or by rr�king a diroct p�yment to Sorrower. If a refund �rrduces principal. the reduction wIii be tteated as a pa�tial,{�npaYment wi�hout any P►�PxY�nt charge Si�der the Nate. . , .. ' �' ' , 1�{.Notices.A�r;y nodoe to Borrower pmvidcd for tn this Security Instnrment shall be given by deUvering it or.by mall9ng it by first class mail unless applicablo law reqaires use of another method.The notfce ahall be dirocttd to the Pmperty Address or am other address Borrower designates by nadc� to i.et�ier. My nntive to Lender shnll be given by first class mei! w. ' T.ender•s address stated herein or any othor address L.ender designates by nodoe to Borrower.Any notia pmvidod for fn this . . Security Instrumeat shall be dcemed to have been giv¢n to Borrowsr or Lender whea given as provided in thfs paregraph. " IS.C,oveuutn� La�r; SeverabUity. This SeWrity Instcument shall be govarnad by faderat I$w eAd tha taw of ihe � • jurlsdtction 3n wh�c1�the Property is located.Jn the event that anyr proviaion or clause of this 5ecuriry Instnur�ent or the Nota ' • , � confltaia with applicable law,such oonflict shult not affect other provisions of thia Security Instrument or•the Note wUich can be given��'fect without the confltcting provjsIon.To this end the proviaions of thfs SecurIty Ittstnunent and the Note are declarcd w be sevarable. 16.Borrowgr's Copy Borrower shall be given one conforn'�od copy pf the Note and of this Secudty Insuument. ' Wrm 3028 9/90 ' vanr s or e