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<br /> �+aYn►entc nuy no longec be raquir�cf. su the option��f Lrndcr,if nx�rtgage insur:u►cc c��vcr:►gc(in the auiwwnt ancl for tt�pcs�od �_
<br /> thsc Lencicr requiresl provi�ial by a�� in�urcr a�+�+roved by Le�Kier�guin b�uur:s at'aif�hle and ic ohtairxd. Hc�rmwer�h�11 pa� Y
<br /> the premiumc requi�•�!ta m3intain itx�ttgage in..u►.uu.:in cftcct,or to prrnide a losc re�crve.unlil ilie reyuireutient Por nwngage ,__-
<br /> insu►�..ncc e�1s i+�pernrcl:Wtct wid�Anv wcitten;tgrtxnitnt bet��Ceu&ircowcr arul lx�ule�a�:y�pli:abl:I�u�.
<br /> 9. incpecttaa. Lender ur its agent n�y ma1:e reass�aable entries upon and iacpectiu�u ui ttk: �.}Mny. !�r•�.r shx!! ;ive -
<br /> gorruw•e�noticc at thc tin�e of ar prior to an i�.spection specifyinR reasonable cause f�r the inspection.
<br /> 1Q. 4a�demnat�ou. The Proce�s uf;u�Y Aw•ard or cl:um for darnage�, Ji�t�t or r�nsc.�u:ntizl, in connection wR�� —
<br /> �otxicmnat�o�i or other tal:ing of:►uy patt u;th:. Pt�rcrey.^p for c�?r►v�:y� in lieu oF cuixlemnaEion. arc hereby assi� -
<br /> str�ll be paid to l.enclet.
<br /> Ill[t1C C�Cl1L Qf ii W[:LI I3liiiilb'i1{��F1i.Pi[�':l't}�,the proceeds chall be applied to the wms secureci by this Se.curity Instrumeat, _.
<br /> w.��}�r�T not theo due, with�ny excess paid to Iicirrower. In the event of a purtiul tuking of the Propeny in wl�ich the fair
<br /> market vatue of the Property imn�ed�ate�Y before Qte taking is eyual to or 6n:accr than the nmount of the sums sccured by this _
<br /> Security I�utrumcnt inmxdiately before the taking,unless Borrower and Lender ath�rwise agree in writing,the sun�s secur�by
<br /> this Security Inslrument shall be reducal by the anwunt af tltie proceods multiplicd by the following fractioa: (a) the tot�l
<br /> anxwnt of the sums secured inunediately fiefore the taiing.dividcd by (b) the fair nwrkec�alu^af the Property immediAtely
<br /> before the taking. Any balunce shs►ll be paid to Bc�rrower. In the event of�parcial taking of the Property in which the fair
<br /> market valve of the Pcu�erty immcdi�tely beforc the taking is less than the u�cYa:�c of the sun�s secured immediately befaro d�e
<br /> taking,u��less Borrower and Lender otherwisc agree in writing or untess appGi�Die law �therwise pmvides, the proceeds shull
<br /> be applie�to the sun�.s secured by this Securiry ieutniment whett�r or not the sum,are then due.
<br /> if the Property is abandoned by Borrow�er,or if,t►Rer nai:�:Dy l.ende:to Borrpu•e:e.'"at th�condemnor offers tc�ina1;e an
<br /> award or szttla a daim for damages. �sorror�ea �,u_�iv ici���cl io Lastder ri:��'�sn 30 da�•after the date the notice is given,
<br /> Lender is uuthorized a*c..�[i�ct and�y che prv.`a:.�:�•at its option,either ta restoration ar repair of the Property or to the sutns
<br /> secured by this Secee��E.-� ���-*��ther or not then due.
<br /> U� ��der :�Borrow�er ��rwise agree in writing, anY apPlication of proce�'�is to principal shall nat extend or
<br /> postpone the dw:d�te�af che mon�hiY WY�nts rfcsrcd to in pa.*agraphs 1 and 2 or chanfie the amount of such payments-
<br /> 11.Borrower ti�d Rdeased;Forbearance By Lender Not a Waiver.Extension uf the time for paycnent or moditication
<br /> of amortization of the sams secured bY this Security Iastrument granted by[.en�er to any successor�n interest of Borrower sf�ll
<br /> not operate to release che liability of the original Sorrower or Borrower's sc�czssors in interest. I.ender shal!not be royuired to
<br /> commence proc,�eedings agairut any succes�oc in interest or refuse to extend time for payment or otherwise modify amordzat�on
<br /> of the sums secured bY th�s Security Instn►ment by reason of any demar�d tnade by t1►e original Borrower or Borrower's
<br /> successors in interest. Any forbearance by Lxnder in ezercising any right or remody shall not be a waiver of or proclude the
<br /> exetcise of any right or remody. .�.� �y�ts � �� of ttus
<br /> 12. Succa.wrs�ad As.si�ns Bo�ad+doint aad Several I.tabllity; Co-slSners•
<br /> $�C�rity insttvment s2�11 bind a�8 benefit the successors and assi8ns of I,ettider and Borrower. subjxt to the provisions of
<br /> paragrapB 1T. Bor�uv►et's co�•e�ar,ts and agreements shall be joint and several. Auy Borrower who c�-si�� Se��n�'�ty�
<br /> Instrument but does not oxecute the Note: (a)is co•signing this Securiry Instruasenc oaly to mortgage,grrnt �
<br /> Borrower's interest in.ihc Praperty undu the terms of this Securiry Iasuument;(U)is not Personally obligated to pay the sua�s
<br /> socura!by th9s Sastrity inctrume+zc:and(c)sgr'ces that l.ender and any othes B�orrower may agra to exteod.modify,forbear or
<br /> -- -- -�-u�irz a::a�:.:,.�ta.;�'-.....�::�a°.•»�.Zt rM_�r�!r..rl,r:rermc of this Socuricy Itutnusxnt or the Note wittwut that Borrower's oonsent. --
<br /> 13.Loaa Chsu�es. If the loan secured by�l►is Security Instnu►xnt is subjeci to a law which sets maxiRwm'to�cnn�'Bes. —
<br /> and ttnt law is finaliy inucpreta! so that the interest or other lou� charges collccted or to be collected in eo�uiectioa with t1�e
<br /> loan ex.eeed the peraeival limiu,then: (a)any such loan charge shall be n�uced by the an�nt rKCescary to redua it►e char$e
<br /> to the pemiitied liinit:and(b)u►Y sumc�Iready collected from Borrower vchich exceeded pa'nutted limits will be rtfundod to
<br /> Borrovaer. Lender may choose t� make this refund by ralucing ttie principal owed �nder the Note or by making a dirax
<br /> PaY� to Borrower. If a crfir�3 reduces principal. the r�'tion will be treataf as a partis�ll Pre�aYment without any
<br /> Pre�yment chuge under the hote.
<br /> 14.Notkes.A�r:ootice to Borrower provided for in this Security instnunent sha11 ba given by delivering it or by m�iling
<br /> it by first class maif�s aPPlicable law roquues use of�nother method-'iCe notice sl�all be dirxted to tl�Property Address
<br /> ar any other address $orrower desigt�tes by notice to Lender. My notice to l.ender shall be given by fitst clus mail to
<br /> I r.ncle:'s address statod hercin or any other address Ley�der desigtsates by notic� to Borrower. My notice provided f�r in this
<br /> SOCUfIt}/ItLStTNII1CDI S�I I7C CkC�1Cd IO}18VC IXtII$IVCtI t0 BO[DDWCI OI LEOQfl W�fl$IYClI dA'�7tuVi�i iu uuS t'°r�"6"�'�:
<br /> 15.Govaaiog Ls►w; SeverabilltY• This 5ecurity Instniment sl�all be govemed by federal law aaad the law of the
<br /> jurisdiction in which the Property is located. in�tx event that any provision or clause of this Security Inurument or the IVou
<br /> 000flicts with applicable law,such conflict shall not affect oct�er provisioas of this Security Instrumenc or the Noce which can be
<br /> giveA efFect witbout the contlictin8 Provision.To this ead the provisiow of this SecuritY iastrument and the Note are declued
<br /> to be severable.
<br /> 16.$ort�ower's Copy.Borcnwer stsall be given one confom�ed copy of the Nou znd of this Soeurity Insccument•
<br /> Fonn 3Q2� 9194
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