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<br /> payrtK�►ts�1ucy rw l�ng�r be ra�vfred, cn tl�o option ot'Le��cicr, iP ii�rtgege fn5urancc covcragc(in the une�j�ti�t u�ir tl�e,�r;;ilt�:i ;
<br /> thnt I.exHier reyuire,$)proviciul by au�inu�rec rp�+r�vect by l.endr.r asdn boconxa�vAilubtn und Is oUtulnz�l. Uurrower ah�l1 pay �'
<br /> ttw p�miur+u requirod ta nuintaln murt��ge in�urance in otfa.�t,or to p�nvidG a lase rcs�rvC,untll tho reyuirenxnt fur mc�rtg�go ,
<br /> ineunuxx o�x19 in�cco:�lance wlth�u�y r�ritten a�rocaxnt lxtwcen Barrawer and I.cnder or applicable law,
<br /> 9.Iwpeetion.[.cnder or ite a�ent rru��m�ke re,uoneble entries upnn and lnspectian9 of the Propetiy. Lender shall pive
<br /> �+�rm�ver n�+i�r r►.d1r..e�n�of or prio*to Ra ins�rec�inn�cifyinp rexsorwble cause for the inspecttun.
<br /> 10. Caadt+an�tiuu•'Ttx;p�ocodvi�04'�ny awud or claim:for d�tugee, direct or w�i�qua�tial, in connection with ar►y
<br /> ccmcfemnation or aher t�kin�of wny pnrt of tna Prapeny.or for wnveyance in lieu of candcmnation,are hercby pasi�ned�nd
<br /> atudl be paid to Ler+der.
<br /> In thc event of a total t�tking of the Pn�rty,tht procoeds shali be applied to the sums�socund by this Security lnstrummt,
<br /> wheltxr ur mt ttv:n due,with�ny excess M1d ta Bortower. In the avent oF a part�el taking of Ihe Propcny in which th�fair .
<br /> rt�►axkct valt�.of��r Prcipeny irruuediatsly 6rfore the Wcing is oquul to or gttiatar than the amount of the sums secured b�y this
<br /> 5�urity Ingtnunerrt iancu�ltntely beforo the taktng,unless Harmwer and Lendcr ott►orwise agroe in writing,the sums securod by '
<br /> tAit Security Yrctitn►men�t sh.yll tw:rnduca! by thc amount of the pracetds multiplia! by the following fr�ction: (a) thG total
<br /> amount of th�:suxm sa:urtxi inu�ncdiataly befare thu: tuking,divIded by (b)tha fair market value of ihe Propecty immecliate[y
<br /> bef"oc�tM takin�. Any b�lance sha!! be plid to Barrowe.r. In the event aF a paKial taking of the Pmperty in which the Cair
<br /> rru�rkec vatue of th�Prc�perty inunedi.uely before the Wcing is ltss than thc amount of the sums socured immediately befon the
<br /> t�king.►atolr,�ss Basrower wxi l.uxkr othcrwisa Ygcte in writing oz unless applicsbls Itw otherwlsa provides, the procoecls shall
<br /> be�Gaa tu f,'r���si��.i s�.u.�t��r tnis�;�..�urity Jsurruaicas�hes:��r or nuY the s:�ms ase tht�c�uc.
<br />. I;Lw.°:a,;..:ty is�*.�..�^::�3 b�BD:TQ'Y.Gr,or if,�f?�r notic{by Itnder ta Borrower thnt the condem�wr offers to make an
<br /> aw�ud or settle a cldm[or dunages. Eocrower fuils to respotxl ta Lcnder within 30 days after the d�te tha notice is given,
<br /> I.a�r is wthorir.eA to oollect and a{�ply ttk proceeds,at its op�iTn,either to nstoration or mpair of the PropeRy or to the sums
<br /> secured by thia Security instn�mCm,whethe�or r�ot then due.
<br /> U�►�ss Luxtier and&zrrower cKhenvis� aaroe in wrtting, any a}�plication of proceais to principal sttall not eatond or
<br /> pcutpone the due date of the monthly prymenls referred to in par�graphs 1 and 2 or ch�nge the amount of such p�yma►ts.
<br /> l l.8or�er Not RekMetl�Forbe�r+�ce By Y�enckr Nret a Wtiver.8xtension�f the time for payment or modification
<br /> of�m�ortezation of the sums socured by this Security Instnime�t,gt�nted by I.en,der tA tn�r s�:cce.ssor in lnttrest of Borrow•er shall
<br /> � not o�erato to rda�se the liability of she orig[nal8orrower or iRD'rrower's succeasors in intarest. Lend,tr shal!cat be ra�uirod to �
<br /> cortuner�ae procoulin�gs against uny sua�essor In intaest or re�,�:to extend tinx fcr payment or wherwise modify amor�iz�tion ;
<br /> . vi�nc "�+'cu 'ow:�i■w j;a::c wv"'8S:j jS:4�SZ2l:'�.°.�. �D� S'���`..^..� ^f 8^„J flnm��vf mstif� �t� (hr nriginal Snrrower or Bnrnnwer's
<br /> '; suc�esnors in inoereat. ��ny tbrbCUmxx by Lender in exercising any ri�i�t or remody r�hall not be a waiver of or procluda tha
<br /> - � ,.`' exari,c¢�of my riEht or remody. .'' .
<br /> l:C.�S+rrcae+►itp� Asd�nR�ound; Jdat s�nd Sevr�9lLiab{lityt C�{nas. 'The coveiurKa ud agram�ts of this
<br /> - 5ocur��v`:l��Il b3al and benefit tho successors atid assigns of I,ender and Bomower. subject to the provasaoro of
<br /> . ' }�cagreph 17. Borrowe�'s covr.nents u�d rgresmcroltt sl�all be joint And 4e.Yexe1. Any Horrower who casign9 thia Sc�urity
<br /> • � Ltistivaia►t bw,dc�eR�rs+t atecutv:tl�o Nao: (a) is co�siguing tl'u�Secuiity Inz¢��nxnt only to nwrtgsge, Brant and ca+vey tt�nt
<br /> BorrcYaGar'µinr,ere+at�in el�e I'nnperty under the tam�o.af this Si�uiaty Instxucne�it:(b)is no;t;perso+�lly obliguod to p�y the xum � . .
<br /> seq�ret�,by tlei��5ecurity It�swnnent;And(c)a8ca�that L.an�ta`.a�n�7 any otber Borrower m�.y��groe to ex�nd.rnadify,forbnr or ,.
<br /> md�e�n,y�ccnaamod�tioas with��ud to tho tuma of this Sec�i3t'�Instcuaxnt or tho Nute wit}wut tl�►t Borrowu's con9ent.
<br /> 13.Le�G'��a.If the ian sa�urod by this Security Iastrument is subjoct to a!�►w which sets imximum loon chugd, � '':;�•
<br /> .aad tMt law is fimUy inta�peeted w th�t the intere�t�r oshrx lwn ch�rgea collectal or to be oolbatcd ie 000axtivn with t6e �•`'•"
<br /> lu�n ex000d the pennicted limits.then:(e)ary such lotn chxrgc�shall be roduad by the amount noce.gsary to roduoe�be ch.�e • �t;,�:';
<br /> w tbe pamittod limit; and (b)any sunu airuidy collacted from BSorrower which exceedad peranittoc!limits wiil be ref�:tdod to
<br /> gulrower, L.ender may choose w m�lce thfs rctund by roducing che principal ovraf under the Nds or by m�lcia� x direct
<br /> p�ymeot w Borra�rear.,Jf a rcfuM roduas princiP�, tt�e raluctia� wii1,M: trdted aa a pirtial pre�}rmem wldwur any . '`��.
<br /> , Prep�Ymau ciw�eµnc�tr 1}�Na1e. ':` '.. .,��,�. �.�
<br /> 14.ZYotda�s.A�r notice to Hotrovrer providc+�'for in this 5ecurity IrbinuiAem s6n11 bq give.i by delivering it cx hy m�ilina ,
<br /> it by fint d�w moil enleas applia�ble!tw requires use of uwtlkr method. '['�e notia shhl�be directal to tbe Pmperty Addce+�
<br /> or any atha addi�ess Bon+owor �ksigmtw by notia to I,ada•. Any notioe to t.ender"`�7uJ1 ba given by firat clxtt crnil to.
<br /> I,eodar'e addnees stNtod herein or u►y other addrcss I,ader cksigr�ates!+y notia to Aomawer. Any noticti providod far in thb
<br /> = Stwrity Yne�vtr�qnt shall bc deemed ta have l�rt�iven to Borrowtr or i.errkr whcn given as provided�in this piragniph.
<br /> = 1S.Gaven� I.aw; SeoenMUty. This'`Sncurity Instrurt�ent sh�ll be govexnsd by federnl iaw uri 1!x l�w of tt�e
<br /> � juri�i'at}w�in ruhich the Property is locate;d.In the evern tlwt rny provision or clausc of this Security ir�truroent or the Note
<br /> i conAiYtty;A�ith epplicAbk law.such oonflict slull not aff�ct other�rovicions of thio Securit�,�7nstiumcat crr the Nota which cae be
<br />_� gevu�ef'�'d�t�rithtwt tha confliding p�ovision. To thls end the provisions of this Securiry��nurumcnt uid the Note att declu�ed ..�..�,
<br /> "�,.. to be aevei�b9c, . , ,':� �
<br /> �;;•:�;: 16.Be�smwpi's Copr.Bormwec shall be�iven one canforrnod ropy ot fhe Note�tx1�.�f this Secutity In.trument: �-''�
<br />�� j1� itx�ei,��D�$ 9/80
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<br /> r,�.�ore �
<br /> 14F�•� . ,
<br /> 1�;�•. . .
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