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. o .a^4�'�.. ,.,r,_-.A_'., I;:�i;r; � ,� -_ . _. _. n -........ ,r �.��.�8,�'�:�.�KitA41s�tl17M.. . , , "' ._._. .__ ._" .. .... ..t-:'.�.`-;s'��i�:. 't�� ''�'... - .. . _. ._ - _._.��_ - _. — . �;ay►�«.��y r�,z lass�:r t;,re�ui,r.�.st the optlon of Lp3ider, if o��tgsy�inu�mnca cav�ruge ti ,cRhe�mn�a�n for�e�period eh�t l,.c:ndcr requires)provided by nn insurer upproved by Lend�r ugain b�xc�m�.w uv�i[uble and is ubtained.Ebrrower stuill gay tl►e premit�ms required to maintain mortgugc insurnnce in effect.or to provide a lass rescrvc. untll the requir�ment for mortgage MRUrencc ends in a�cai�danrc with nny written sgreement between Horrower und i.endcr or upplicablc law. 9.IusUectton. i.cndcr or lts agent may make tcasonnble entries upon und Inspertions of the Property. Lcnder shaq give 8ornower noticc at the time of or prict to un inspecdon spesifying reasonable cuuse for the inspection. - 10. �ondemnatlon.'I'he procee�da of any awurd or claim for damages. dlrect or rnnsequential. la conaection with any condemnution or athcr tuking of any purt of the Property.or for coaveyunce in Iteu of condemnation,Are hereby assfgned and chn��,��„l�nder, In the event of a total tuking of the Propecty.the prooeeds shall be applied to the sums secure�by this Secudty Instrument. whether or not then due. with any excess puid ta Borrower. In the event of a psutial takin�of the Property in whtch the fair ,iuui�et v�fua uf ti�e Pra�scrty immedl�tely,ls;.fore the t�ing ls eqssst!to ar greater then the Pmnimt of the suma secured by thia Securjty Instniment immcdintely before the taking,unless Borrower and I.ender othc�wise aIIree in wrIting,the sums secured by this S�curiry Instrutrient shall be reduced by the amount of the proueeda multlplted by the following fraction: (a) the totel amount of die sums secured Immedtately before the tsicing,divided by (b) d�e fair market velue of the Property immadiately before the tak.ing. Any balance sha!! be paid to Borrower. In ihe event of a parttal taking of the Property in which the fair market vnlue uf the Property immediatety before the taking Is less than the amount of the sums secured immediately before We taking.unlesa Bon�otler arrd L�nder otherwiso agree In wrlting or unless Applicable law otherwise provides, the pmceeda shall 6e applied to the swns secured by thIs Secudty Insaument whether or not the sums are then due. If the Property is aba�idoned by Bormwer,or if.after notIce by Lender to Borrower that the condemnor offera to meke aa award or setrle a claim for dnn�ages. Bomower fails to respond 2o I.ender within 30 days after the date the notive is g�ven. Lender ts authorized to collect und apply the procReds.at its option,either ta restoratIon or repa[r of the Property ar w the sums secured by thia Security Instcument.whether or aot then due. Unless L.ander and Borrower othenvise a� in wddng. any applic�tion of prooeads to princlpal shall not extend or postpone the due dnte of the monthly payments refereed to in paragraphs 1 and 2 or change the annoant oP such payments. l l.Borrower Not ReEe�scd;Forbwtcance By Lender Not a Waiver. �xtension of the time for payment or modificAtion of amortization of the sums secumd by this Se�rIry Ins�nt granted by Lettder to any successor in iaterest of Borcower shaU nat operete to release the liabiliry of the arIginal Borrower or Borrower's successora in interest. I,ender sha11 not be required to �gr�gg��y�►��x.cnr in interecc or refuae to ezcead tima for Qayment or otherwise modify am�rtiu►tloa of she sums sec�re� 6y thia Sec�.�rity Insnument by resison of eny demend mado by the originai Borrower or Hosrower's sucassors tn intenst. My forbearar►ce by lknder in exerclsing any right or remedy sh�ll not be s waiver of or praclude the exercise of any d�ht or remody. • ' � 12. Suocessors and Asst�ns Bound; Joint und Several Llabiitty;Co�igners. The covenan�s and agreements of this' Sexurity Instrument shall bInd and beaefit the successors and asslgns �f Lender and Borrower, subject to the prnvisions of Qaragraph 17. Borsower's cavenants and agretments ehal! be joint nad several. My Horrower who oo-signs this SecurIty ' lnsuument but does not exe�cuu the Note: (a)is so-slgmtng this Socudty Iaswment only to mortgage. grant and convcy that : Borrower's interest in tlte Property under the terms of this 5ecudty Instiument;(b)is not peisonally obligatod to pay the surns securod by tlus Sacurity Inswment;and(c)agrees that I.ender and any otiser Borrower may ag�ee tq extend. modify,fo�eat ur make any uccum�odatIons with regard to the terma of this Security Insuument or the IVotB without that Borrower's uonsent. 13.Loaa Chor�ea.If the loan secumA by this Securtty Instrument is subjeet to i�Iaw whlch sets maximucn loan charges. urd that law is finally intetprMed so thet the interest or other loan cberges collxted nr to be coliocled in conn�cdon wdt6 the loan eaoeed tl►e petmitted tim3ts,then: (u)any such loan charge shalt be reduced by the amount aeoessary to roduce tho chargo , to the permittod Ilmtt;and(b)uny sums already collected from Born►wer which exceaded permittad limits wiU be re.tisnded to Borrowar. .L.eader may chaose to make this refund by tedncing tlie prtnc(pal owed under the Note or by n�g a dirat • pa�ment to Bomower. If a rcfiuid seduoes pr�ncipai, the eeducNon witl be treated as a partial prepayment•.wlthont any prepaymrnt c6arge under the Nate. �� 14.Noikes.Any notIce to Borrower providod fot in thts Secariry Instrument shall be given by deUvering it or bx m�tiling it by Hrst clasa mail untess applicable!aw requires use of anothzr method.The noncu shall 6e di�ccted to the Property Addcess or any otker eddress Borrower designates by notIce ta I.ender. My nadce eo [ender shall ba�ivcn by first class mail W Leulder's address stated herein or any other addre,gs Lanc?a designates by aotice td.�nrrower. My notice pmvided for in tt�is � 'S�aarity Insaumetu ehall be deemed to hav�baen given tci Borcnwer or I.ender when g�ven as provided in this paragraph. 15.t`,overning I.sw; Severabtlity. �is Socuriry Instr�ment shall be gov�rned by fedoral law and the law of thz . � jur3sdiction in whlch the Property is locatei4.�n the event that aay primviston ar clause of thIs Security Insttument or the Note � aonflicts with applicuble luw,such conflict s�all�ot c�fffect other provisions of this Security Insm�ment or the Note which cun b�e � given ef�'ect without the contlicdag pmvtsion.To this ead the proviaons of this Security Inswment and ttie Nate are declared ' to be severable. . 16.Borrower's Copy.Borrower sha�De g�ven one conformed copy of the Note and of this Secudry Insttume.nt. i Fam 3028 9J90 . 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