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<br /> p:►ynkntc n�y�w fnnbcr hr�YyuirrJ.u+tik npliuu ui'l4i�ckr. if nw��i�;aEe intiur.u�c:cuarr.�y�liit Ihe anx�unt a�Kl f�rr �hr per��xl
<br /> U�:et l.c�ti:i:r c�:�uir.sl pru�•ldcd hy a��inwrcr uppi�u�•rJ hy ixi�l�r Wp+�in Ixti+,nkc a�•�il:�le wxl i.��wi�titil. ki��rruwcr+lull paY
<br /> thc prcmiuu�.y rcyuircxt tu nuinwin nwrtpuQc in�u�aiu�•in eff'�ti!,ur tu p�uvl.lr u I����r��cr�., until Ihi r�yuircnknt!nr nx�rt�u�c
<br /> ii�.u��►kr c�k1�in:kr��rJa:kc with �u�y writtcn�rccnknl txlwrc��ki.►rruwcr;uxl la�xirr ur upplirat,ir luw.
<br /> y. Intipe►yl�u�. l.r�ktrr ur it.u�ent n�ay nwl.e ��auT�ut,ie rntriea u�w►n,uw1 h�.pccu��n���F�hc 1'nqx�ny. l.rixl�r ,h:+il di�c
<br /> [iarra�cr iu�ticc:!t U�c tinx��t or pri+�r�u mi in���i�m��xcifyroK�r•.►W►iwt�l�r�u� fa,r ttu in.i,r::�un.
<br /> la. l'wK:euutatba. 7ctic 4►r.kaxl� ul w�y awurd or duim ti�r dxn��c�, dir��� ar�tiui�s•yucntial. 111 ���IUKaII�lli wll�1 iliy
<br /> rnadcmtutii�n ur Wtter t:�ing of an�° prrt uP thc Nru�cny,„r Ihr cun�•cywkc in lieu uf c.uniei�uwtiun.;u�Iwr�b�us+ilik`J aiul
<br /> sh3tl bc p�tid to I..�ri,ier.
<br /> !n ti►e eveut of u tcual p�king af ihe ProE�erly.�hc pr��ccalr�l►all be applial t��tlte wntc secur.�l hy this S�.tiurity hulrunknt,
<br /> whethc�ar not thcn duc. wieli u�iy ez.:ess puid tn Ik�nourcr. In the cveiu of� partial tuklnF ol the Nrrpeny in uhich iiie iair
<br /> mat'ket vaiuc of the Property immaiintcly befurc thc toking is cyuul to or g�c:atcr tlwn thc unxwnt uf�hc sun�.c +ccur�xl by thir
<br /> Securiry Instrumcnt inuixdiately lufam the taking,un!cac Barrowcr and l.,ender cuhcrwisc agrce in writing,the�un�.�xcu�cd by
<br /> this Security Instrununt shai) be reciuced hy the amount uf lhe procceds multipliod hy the fnllowing fraction: (a)the tatal
<br /> anx�unt of the wms secured inunaiiately before tt�e tal.ing. di��ided by (b) the fair nwrket value of thc Prope:rty immcxliutely
<br /> bzfore the tnl;i�. An}• Dal�e shall be paid to Borsowu. Ia tFee eti•�nt of A partial taking af the Property in which the fair
<br /> market valur of ttx Propert} iwnediately before the taking is less tt�the ariwunt of the sunu sccured i��udiatcly before the
<br /> talcing, unless'&��mwer an� [.en3er otherwise agree in writing or unless applicabie law otherwise provides, the pro:.eeds shall
<br /> be applied to the sunu secur��i by� this Security Instrumnt whcihcr or not the sums are then due.
<br /> If the Properry is aband.�ncti1 by Bonower, or if,after notice by l.encier to&�rn�wcc that thc;condemnor oft'e�s to mal�e an
<br /> �wnrd or settle a claim for damages, Borrawer fails to respond to Lendcr within 30 days aRev the date the notice is gi�•en,
<br /> l.ender is authori�i to collect and apply the procceds,at its aption,either to re:toration or rapair of the Propetty or to the surtu
<br /> saurod by this Security Instrai�uent,whether or not tlun�ue.
<br /> Unless l.ender su� BaTra�•er othenvise agtee in �t•riting, any application uf�roceeds to principal chall not extenci or
<br /> paatpone the due date of the .�,tintblp payments refemed ta in paragraphs 1 arul 2 or cliange the amount of such payments.
<br /> 11.Borrower Not Re2ezud;Forbear.u�ce By Lende�Not a Naiver.Extension of the time for payment o�modification
<br /> of amortization of the sums sexured by this Seeurity instrument granted by I.ender to any successor in interest of Borrowet shaU
<br /> �ot operate to release the li�ility of the original Borrow�zr or Borrovres':successors in interest. L.ender shali not be required[o
<br /> aYnmence proceedings a�ai;ssa any succesaor in intereu or refuse to ettend time for payment or otherwise modify arr�rtization
<br /> �Ghe surcs securad by tl�ss Securiry Instniment by reason of an) demand made by the original Borrower or Borrower's
<br /> s;l.�cesso�ia e�c;.rest. Any fo�bearance by Lender in ex�rcising any�ri�ht or reme.iy shall not be a waiver of or pr�lude the
<br /> ex�rci�of a�y righa or remedy.
<br /> 12. 5u�c�ssors and Asslgn� Bound; Jo1nt and Se�erAl Lubi�it}; Co-si�a�trs. The covenants and agrecments of this
<br /> Sarurity Insttument slwll bind and benefit the success��n and atis�gns of l.endtt and Borrower. subject to the provisions of
<br /> paragraph 17. Borrower's covenants and agrcements shzll be joint and several. Any Borrower who co-signs this Security
<br /> Instrument but does not ezecute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and convey t}wt
<br /> Borrow�r's intereu in the Property under the ternu of this Security InstrucrKnt;(b)is not personally obligated to pay the sum�
<br /> secun�d bv this Securitv Inurument;and(c)�grees that L.ender and any other Borrower rt�y agree to exterd,modify, forbear or
<br /> maL•e,any accomnwdstiwu with ce;ard to the ternu of this Security Instrument or the Note with�wt that Borrower's consent. �
<br /> 13.I.oan Charges.I�the loan secured by this Security Instrument is subject to a iaw which sets maximum Ic,an chuges,
<br /> and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connectioa with the
<br /> loan exceed the permitted limits. then: (a)any such loan charge shall be reduced by the amount neces�ary to�educe the charge
<br /> to the pem»ttod timit: and(b)any sumc already collected from Borrower which exceeded permitted limiu will be refunded to
<br /> Borrower. I.ender may choose to malce this refuad by reducing the principal owed under the Note or by m�ki�g a direct
<br /> payment to Borrower. if a refund reduces principal, the reduction will be treaied as a partial prepayment without any
<br /> prepayment ct�arge onder tbe Note.
<br /> 14.Notices.Aav notice W Borrower provided for in this Security Inswment shall be given by delivering it or by mailing
<br /> it by firat class mail unless applicable law requires use of another metttod. The notioe shall be directed to the Property Address
<br /> or any oUkr �ddress Borrowu �esignaies by notice to l.et�der. Anc notice to L�nder sitall be given by first class mail to
<br /> l�nder's address stated herein or any other address Ixrrd�r designatcs by notice to Borrower. Any notice provided for in this
<br /> Suurity Inctniment shall Ee damed to have bcen given co Sorrower o�lxnder wh�.>ra given as providod in this pzr�graph.
<br /> 15.Ga�esoing Iav�; Severability. This Security launtment shall be go�emed by foderal law and the law a£c�
<br /> jurisdiction in which tF+e Property is located. In the event that any provision ot clause of this Security instnunent or the t`ace
<br /> conflicu with applicab3e law,wch conflict shall not affezt other provisions of this Security instn�ment or the Niote which caa be
<br /> given effect without the oon�licting provision. To this end the provisions of this Security Instrument and the Pl�te are declared
<br /> to bc secer-.ble.
<br /> 16.Bosrowes's Copy. Borcower shall be given one conforn�ed oopy of the Kote and of this Security Insttumu►t.
<br /> Form 3028 9.�90
<br /> Pap��of 0
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