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<br /> FvYments rrwy�x�longrr be roquired.at the o�tion uf l.u�r,it nwrt�oQe in►ur.uticc ce►�•u�:s�e � tl�o w�naz»t tor tce iad ._
<br /> t}�ut i,ender roquic+e9)provida3 b�• an in.wre�c+pprocal by l.e,�xler+�•rin bav►n�es av�il:�hte atKl ic a6tuintxl. &srrowcr stwli pay
<br /> the prenuunu requirod ta mnintain moM��e inwr+ikx in efPect, or to provide u luss rex:rve,until thc rcx�ttinx�nt fur murt�s�e
<br /> ittsuru�xe e�x1s in:�ca��►nce with:my written t�nxnta�t betu•een&�rrawer uui f.crxtcr ur appNcabl:.�fs�w. -
<br /> �. lac�oetiot�.E�ndu or its aper�N n�y Huice ras�uubl�onlrics u(wu aad inspecti�ns of tl�a P�ujKrt;i. L.eixkr s�ull Cice
<br /> Borrow•er notice at ihe time uf ut prior ta an inspccYion sp�cifying rcasawbla cause f�x ttx:inspeciioo.
<br /> 1Q. ��a;,ti�n, 7'h�,pr•x:e�.+s of any awerci or cl�im fcu�n�ges.diroct on ca�.seyuentiul. in a,��nection witfi any
<br /> condemn�tion or wher wlin� of any part of the Property, or for convcyancc in lie�►af candc�mnation. u�hereby assigned and
<br /> �h�ll be paid to I.ei►der. -
<br /> In the eveau of u catal taking of the Properiy.the pracf.�eds stwll be applial to tlu sumc secured b�� this,rrscurity Insi�ument.
<br /> whether or ncK then due, with u►y exctss paid to Borcower. In thc event of a p�ac'tial•ta�ing nf the Pmpe�tv in wiiich the fair
<br /> muket v�lue of the Property inunediately before the taling is oqual to or grcattr tha�i �he wu�unt of th�sums secured by this _
<br /> Securiry Inctrumeru inunediately before the taking.unless Borrower and L.endcr oiheiwi5e:a�?ve in u�riting, the sw�u sec:ured by
<br /> this Securiry Instrument str�ll be roduced by the �cnoura of the pr000ads muldpl►od h� �k fulJuwiug fiaction: (a) ttne cot�1
<br /> anwuni of the s�ms secured immedi�teJy bef�+e.�tae takictg.divided by (b)th� fair mfu"�:t �a'u2 of tBe t�roperty in�nediatelY
<br /> �,,�,,,r:���s�; taking. ARy balauce s�s;,►I. 4'�z�� �.�*ower. In the event of a pa�'tial 4sii�ir�of tha Propenv in which the fair
<br /> au�£;ea k�te af tb�e P:�pen�9:nurncrlr.u::i��+r.��ra+w�:c:1it�8 r�Lr.ss tlmn the an�ni of'il:z s�tnu securod'untpediately�tt+n ct►z
<br /> t,� �.J,�.�6ir�n:��w�x��tr�a,s;[�er�i►;e�,�ive ia wti��c�unless�pplicsbk law othenuisa provide:�. the procea�.s shall
<br /> be ap�i;,i�9 w Che su�securod h} ttua Security Instrucnent wAet�.r or mt the sums arc tixa due.
<br /> IIV y�property is abandona��r Bon'ower.or if, afkr notax by I.endcr to Bomuwer that the oondr.mnar offerc to malce un
<br /> award e�u setde a claim far d�mag�, Borrower fails to tespond to I.ende� within 30 days aftcT th0 di�ta thC notiCe is given,
<br /> Lender is suthorizod to oolldCt�ad npply the proceeds. at its option,either w restoration or c�epzir af Uus Pto�eity or W the suuu
<br /> secvrod by this Security inurumau,whether ar txu then due.
<br /> Uakcs �s�yder and Borruwar otherwise agra i� wridng. AnY upPlication o�procoeds tn panci�wt shall not exteud or
<br /> postpax che�x d,�c af the monthlY paYmaus refetrod to in paragr�phs 1 and 2 or chatige thc anxwnt of suc�h ps�yn�nts.
<br /> 11.Borrower:�Iot Rdaud;Forbeuaocr By T.ender Not a WWva'. Extension of the time fi�r papr�xat or modit�cAtion
<br /> of artwrtization of tbe sutnc socurod by this Securiry Instrument grantcd by Lender to ruiy waYSSar in intcr�tt of$orrower slmll
<br /> not apaate to rcfease the liability of tho original Borrawer or Barrowei s sucresso»in interat. Lendi:r shidl not be roquired to
<br /> oonun�oe prooeedyags�ainst einy�ucassor in interest or rcfuse to ateiw!time fcx paymau o�ahcrwi�a�adify amortinti�a
<br /> of the wms secured by this Security Inu�ument by reason of ury dem�d made by the originsl Bnrruwer or Bortowa's
<br /> wcassojs in interat. My fort�ear��a by Lerxler in caerclsin8 eny riStu or retnody shatl not bc a M�aivx�r of or preclude the
<br /> • e:p�cise of aay right or remedy.
<br /> 12. Suoce�ats ard A�B�wod;Jdot �ad 5everal I1�6�lity;Co�as• The wvasants ani4 agreanwts of this
<br /> . Sec,yrity Instruu�ent shall bind and 5enefit the suaessors and assigns of L.ender�and Borrowcr. sub}oct to the provisioas of
<br /> ° ratagnph 17. Borrower's ooven�nts aod agreesnaus shall be joint and severaf�� Any Borrowu wt�a ca-signs this Sxuriry
<br /> : ._. _, __: .�,,.....,.....•tr_r�I.,..c..�,r r_.�,�te the Note:(a) is co-�unint[this SOCUtity Instcuasent only to mortg�e, $taot and convry thrt
<br /> - Borrowa's inte�rst in tbe Propecz�uader the teants of ihis Sw..:riry Inslr�ma�s: ('8?��`��P oblifjstal fa pa}r Q�e-�i �--
<br /> secu�d by this Searity Instrumear,and(c}agraes t6at lx.ader zud any ottus Borrower mxy agcee to ext�md.modify.fo�eu or
<br /> .—„�e�ny a0000utwd,�tions with regand to tbe terms of this Sxarity Instnsow+t�u'tt�e Kote vvicl�out th�Burr�wer's ca�sent.
<br /> ' 13.Lo�a Ciu'�,a. If tbe loan secured by this Sectiriry Instruuwu is subject to a law which scu muximum loan charges,
<br /> - �nd t&�law is finally icuecg�so that the interest or otb�' loan chargw oollected or w be oollectod izt�oeoecaua with the
<br /> lo�te ex.'xod the pem�iued tcn�irs, ilxn:(a)anY such lo�u c.`+:�z sh�ll bc rcduced.by tlae acnounc aooGSSar;}to redxxx ii�e dwgt
<br /> to tl�permittal limit;u�d(ti)+aY'sums�Iready oolloctod from Borrower which �xoeedad pemuttod lirnits wiil be n^fvnded to
<br /> - Bomowa. les�cler may clwose w malrt this refuad by reducing the principal awod undcr the Nak:or by making � d'uax
<br /> paymaoc to Homower. If a refuad reduces priacip�l. the reducxion will be trcated as a P�� P�Y�t witiwut wy
<br /> P�3���Se under the No4�.
<br /> 14.Notie�s.My aotice ta L�.irrower provided for in this Securiry Insirua�ent sts�1S b�given by delidering it or by mWing
<br /> it by firsi class mail unlas applix,-able law roquira use of anotha atidhod.Tbe moqe st�U be direcuzl tu the Proputy Addresc
<br /> • or any other address Borrower designates by notice to Leader. Any �Y to i.i�.�a' stwU bo givea by fiist class mail to
<br /> L�'s adds�ess st�ced herein or wy ottkr addresc I.ender designates 6y rwtix to�orrower. My aotice providod for in this
<br /> Socurity Instrument sl�Il be doea�ed to h�ve ixen given to Bocrower ur Lcnder w6ea�•ven u pmvidad in•this par�gn�h.
<br /> 15.Goveraioe Law; Severability. This Saurity Insuument shall be govc� by feda�! law aad the law of tbe
<br /> � jurisdiction ia whicb ihe Proputy is located. In the ovent that :wy provision or clau$e of thia Sxurity instnunent or the Note
<br /> ; oonflicts wish appiicable I�w.such oonflict sl�li not affxt other provisiont of this S�.cu.ity Inst��t on the Note which caa be
<br /> "t given effect without tl�e oonflictiag provision. To tl�is ead the provisions of this Securiry I►�uw►r.�u an� tts�Alote�re doclued
<br /> to be severabk.
<br /> -� lf.Eorrorvds Copy.Borrower shall be given one vonfomxd oopy of the Note�►d of this Sewrity IostnimeAt.
<br /> Faaa 3oY3 9190
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