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<br /> payme�s msy aa longar 6e tequired.at the option of i:�xtu�,.if�mactgage insuranec covaage�n the aniount aad for:the periad ,
<br /> t6u Ixndet`coquims)provided by an is�sucet appnnvat<th�4�.L'end�r.agaia t�ecomes availablz and is abwined.BarsuRer.s6�11 py .
<br /> tiu prcmiums roquind to maiNain martgage insurance'eit�Gfticct��r:to pnnvide a tass rcserve.untii.tiie raquinrnent fat mo�tgage - ;
<br /> inwr�noe eads in a000rdu�with aay v+iritten�grcement��etwcen:�rrower and IBnder or applicxbie law. ; :.
<br /> . g.tn�pectiao.Lendcr or iis agtat tmy m�ke reaso»ahl�entriec ugon and it�sp�dunc t►f th�Pmperty.L.cnder=ihait give
<br /> Horrower�wtice ac the time o�or prior to ati iuspec[ioa specifyin$.re�nable cause for the inspactian.
<br /> • �10.eaadaamtbe.l7�e pn�oeads af a�ty awarQ•ati.cftum for.dumages. dicaq or cas+sequeatial.in connectian with any
<br /> _. _ . �demnation or other taki�sg of ar�pact of tlic Froperty�:.ar;fnr.canveyance in li�u of mndemnatian,are h�eby a�p�od and --- .
<br /> � shali be paid w t.ender: . ,- ` .
<br /> in the cvmt oE a totai taldng of the Pmperty.tha Rtncceds s6ail be appiied to the sums socured by this Security Insuument,
<br /> � whether or aot tt�ea�due.with any excess paid to Sumuw�r..In the event of a partial tatcins.a!ths Prapercy in whi�h t!x fair - _
<br />_1: m�rirct valuG of tl�e Propercy immdiauiy befor�c ttls.tuking.is equat to ar greatu tDan ttr amonnt of the sums se�urod by this
<br /> T= Savriry Taswment immediately 6eforc tde.u�iciiig;-:un[�Bamnwer and Ixnder othav��ise agrGe in writtng,ti�e sua�racured by -- -
<br />�f. chis Socuricy ia�rameat sl�alt 6e reducr�iriF�.dle�amaum:of'thc pnoceeds multi�3i�d Csj�. tfF�f6Uowiag fraaion: (aj the total —
<br />;._ ` anwunt of tha somt securod immediatety beforG tEie tt�cing:�divid�by(b)the�?r��i,v,ali�of the Propertg itnmediately ---- -
<br /> before tbe t�Yiag. Any bala�'�5a11 be paid tuiHtimawcr. in thc cvent of a Far�i��Yiii$-nf�ihe ProPertY in which tbe fair ----
<br /> - marget va[ne of t6e �iatety�r�ttie.t�ticiiig is less ti�an the anwunt o�the"sutr►a se�ured immeQiat�y 6efore thc .
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<br /> • Pr°pefty'� .:...
<br />. . .'_- - �dia�tg.uniess Barrower.a�id�L�dez ntherarise agsee'in•_�.ziting_er unless aFplicable_!aw_�ihera�se�mvid�thepttrceeJs sh�4; '=,��
<br /> : bt applie�ta the sn�ns se�ured bp tfiis Seciuity�.'Tnsiinment whcther or nat the sums aie then due. :; . ��r�` - -
<br /> : :�the Preryeity€s aban�cini�by Bomower,or iFr.atter natice by Lender to Borr�sc,.�r that the candemnar affer�t►�matce an. ,� __
<br /> aa�ar�is�seaIe:ae•clauu fnr dainages. Borrowe�;fails w�ond to Les�er u•it}ii�,34 daYs gfter the date flie naaite is give�, � �u
<br /> t,enier is�:r'thri�tn coltea and appty she-prqceed�..at its optian.eis6eF tn�re�a.*aiiinr or�p�r o f t he P r o p e r t y ar t o t h e s u m s- '`._ -
<br /> •. th"' a ,, �
<br /> . �, savrodby ttvs"Security I�uutrumeat.whaharannutjdien di�. • . . � � •e "� -
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<br /> ..:�:� tlnless Lender and Borrawer atherwi�asagrea in�writing; any application af proceeds tu principal shall nat e�ctend ar � � �
<br /> �'=' postpone the due date of the manthly payment's�reftured'to in paragraphs i and 2 or change the amourn of such paymeats. �� �•
<br /> - 11.Borrower Not Reltased;For6eatranc+e•B�Ltender Not a Wsdver.Extension of the time far payment ot�uodifccatian ' . ��-
<br /> � � of amortization of the snms sec�red by this'S�rity,lnstrument granttd bp Lendtt to any suocessor in intcrest of Borrower shall � . �� Y -
<br /> •�.�-�.. , .
<br /> .;�. ', �wt operate ta r�lease the liability af the originsd�Bturawer m Barrower's succ�sors in interest.l.ender shall nat be requimd to -
<br /> ° _-,;�y , comnsence praceedings against Any successa�in}i�or�t�ar refu5e w extend time for paymenl or atherwise madify iutwRization '`-
<br /> �;�;�;s,:. ''. af the sums serured by this Security Inctrumettt�dyr tv�+c�n af any demand madc by the original &srrower ar Bntrawcr's „ __
<br /> '�"�'""-�`�'�"' succecsor� in inte�est. My fo r b p r a nce by I.en dt�r�ii��oxvrci�ing any ri�h t or reme dy s h a l l n n t b e a w a i v e��f n r p r e c t u d e t h e .1. _
<br /> �. : . .•` :�
<br /> `, ,:� . caercisc af uny right or rcmody. `� ` �:
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<br /> • ,� �� . lE. Successor�+and Ashig,ns &wnds l��iul�swd��everal Lis�bility: Co�ci�ner:s. The cuvenants and agreement+c�f this i= `;°�..
<br /> �.�,.. ,� .. _ , _ ,a�-,�._.
<br /> Security lnstrument slwll binc!and benetlt•thu waca�.wr�aixi a.�.signs �f Lcnder and Bortower. subject to the pmvisians af �„ .
<br /> . . ����'.� • paragraph 17. Borrawer's eovenants and s►gscameme sh�ll be jnint a�d several. Any Sarrower wha co-sign�this Security . . • �
<br /> ...fyaer;s�•^•.� s it _
<br /> � ,��,�,rt �;��, tnstnunent but does not eatcute the Note:_ft�))i��ca•sif;ning this Securiry lnserument�nly t�mortgage. grant and amvey that , .�-�_ _
<br />• � Bonuwer's intcrest in the Property undontHa ttmn.+of thi�.Security lnstroment:tb1 is noi personally abligatccl tn pay thc sums t:��
<br /> - '�_±'� �� � setured by this Securiry instrument:and+(a))agrees thut l:endcr and any other Borrower may agrte tu extencl.modify.forbear or ' . x�r-t
<br /> `�"`�'`'� make any aceommadatians with regard ta 1Na tamu af�thib Security Instrumem or the Note wiihout tha�Borrower'H cansem. ' . �;=r,:y
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<br /> ,.��� , y�., 13.Laan Charges.lf the toan secureditiy,ttiia 5ecurity Instrument is subjece to a law which sets maximum laan charges. . ,.•y
<br /> ':.��.-,.:;;�:4.; and that law is finalty interpreted so that tha.iiitarosl�ar other lo�n charses callected or tob$coltected in connatian with ihe • ,'s;;:.;:
<br /> ::��.,%r�.:;,;^� loan eaceed the permitted limi�s,then:(al attl;�su�Hdaan churge shall be reduced by the amount necessary to reduce the charge , �
<br /> '. "�'l-i.,.
<br /> x ta the permitte6limit:and!b)any sum.c ailvad}5�cullected from Borrov�•er which exceated permitted limits wiU bc refunded to t.;._
<br /> ���'�`�"'�_'�j'-'�r � � Borrower. Lender may chaose to mako tNis•refitnd'by reducing the �r'rncipal owed under the Notc or by making a direct •
<br /> �;;-':
<br /> � . , payment to Banaw��er. If a refund reduce.ti:princip�al, the reducKion w�ill bc treated as a� partial prepayment without any `�' t�• '
<br /> ;�,:'' " ' ' prepayment charge ander the Note. ' . �� -�'.`
<br /> •��`x�f:-..�, • 14.Noticxs.Any natice tn Barrawer prd�•ida�l�far�in�Nis 5ecurity instrumcro shall ba given by delivcring it ar by mailing . ••'••.;
<br /> ,i';i:1. LJ •��•.
<br /> �` �, • it by first class mail untess applicabte taw:iec{uiro.t.ut,c af anuther meth«I.The notice shall be directed to the Property Address _
<br /> • '-'<�. .:,;.?:,�>�� or any other addres.g Borrowcr designatos b���nntt'ee ta l:endcr. Any naticc ta Lettctei sha11 be given by first class mail w <: . ���,�-
<br /> � . Y�'��'. Y bender's address stated hcrein or any other adAro�s�LendCr de�i nates b notice to Borrowcr. An notice ravided for in this "�`"-`�
<br /> ,�., 'r: E Y Y P .•-�;,•__'
<br /> �°' -'='"�;=>. Szcutiry Instrument shall be deemed to ha�e betnrgi�'tsn•ta 8urcowcr or Lender when givcn ac pre�vided in thls paragraph. f .
<br /> ' <t9;�'.
<br /> , � :�Y,y�;'f';`_�., , 15.Governi� l.uw; Severability. This Si�curity Inaintmens �hall be grn!emed by tederal law and thc law of the '► .. •�
<br /> • j"r� - jurisdictian in which the Propeny is kxuteel. ln ttte ovant�thttt any p•ruz�isian�rr clause a!t1►i�Secvrity Insirtament nr the Nate E. � ,
<br />. ,. conflicts with applicable law,such conDict shall navul'fart�othcr pmvisi�n�of thi�5ccurit�lnstrument ar the Nc�te which can be }
<br /> ' , given ePfect without the conflicting provisi�n.Tn tlii�crnd iha prmisi�n�o£thi�5ecnrity ln�irument and the N�ite ase declared �
<br /> � � to be scvcrablc. � � ,
<br /> ''�� � 16.Barrower's Copy.Borrower shall be given�aav confinmul cnpy��f the No:e�rxl u!this 5ecurity Insttument.
<br /> ' Form 3028 9/90 �
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