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<br /> 4�1_�r
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<br /> payments may no longer be required. at ihe uption of L.ender,if mortgage insurance coverage(i�tlie a�uuunt nnd for the ocria�
<br /> that l.�nder requires)providcd by un insurer a�provcd by I.�nder mgain becomes avai(able and is obtair�d. Barrower shall pay
<br /> U�e premiums required to maintain moatgog�insuranc;G in eff�ct,or to provide a loss reserve.until tl�e requireme�it for mortgage
<br /> insurnnr.e ends in r►ccordance wich eny wdtten agreement between Bonowor and Lender or applicable law.
<br /> 9. E��;:stt�:�.Lzndcr or fts a�Pnt mny�n�ake reasonable entries upon nnd inspections af thc Property, I.endc.r shall give
<br /> Bormwar natice et the tfine of or prinr to ui�inspeciion specifying reasanable cnuse for the inspection.
<br /> 10. Condemnatlnn. The proceod�of eny sward Ar c:lalm for damage.a, direct or conscqucntial, in connection with nny
<br /> candemnutlon ar other tuicing uf any part nf the Praperty,ar for cunveyance in Iicu of cundenmution,are her�by nssigned ancl
<br /> ghali Ix:pald to lxncice.
<br /> In Iho event ui'n totni lakiug of tha Praperty,Ihc pra;eods bhail be upplial t�the sum�securecl by this Securlty Instrurnent.
<br /> whetNcr or nus then dut, witl��ny exce�g T►ald to &�rrawer. In Ihe event oP u partiul tuking of Ihe Property �i►wliich lho fair
<br /> n�arkct vnlue�►f�he I'n�+crty luu��vli�lcly hefore fhe tAking is equai tu or greater Ihw�the enxwnt�tif th�Fums Recurai by�his
<br /> Sccurlty lnstrunxnt imnkvlfr�ely hei'ara�he tak�ny, unless Barrowcr uix!i.eixler ot}�rrwiFC ugra in writing,the Eumg fiecured by
<br /> INiy Sccurhy h�wlrun�ent r�h�ll P�o reeia�rod by the rntiount af the pr�xted�; mult6plicd hy ihc f��llowiizg fraction: (n) the total
<br /> uux►uiu af Ihe humw�:ccurcxl imnxrliatcly Ixfurc thc taking, dividal by (b)thc fsir market v�luo uf the Property in�n�liately
<br /> before tlic tRking. Any hAlwnce �lull ba pxid to Boir�wer. in the event of a pertial t�tking of thc Property in which tho fair
<br /> market vwluc uf tha Pmptrty fmmediately before the taking is less than thc amount of the sums Fa;ured immodiately before the
<br /> takli�g. 1111IG�9!I(TtT(1WC�Atid LCI%It� otltttw{etl tl�iiv'ifl Wi�tIIYg Oi unlcs�«�licable ls�v o!l�awiss�mvid�-a, the proceals shall _
<br /> bo applicc!to tho sums secured by this Security Instcument wi�ether or not the su�nc are then due.
<br /> If lU��Prapeny ig af�aixloned by Borcower,or if, after nodce by Lender w�oerower that tha condomnor ofi`ers to rtutke an
<br /> award or eettle R claim for dnmages, Eorrowcr fails to respo:id to Le�xter w[tliin 30 Jays eftcr the dxte the notice is given,
<br /> Lc��cr is i�uthorlud to collect anct appiy the procoeds.at its option,�ither to rtstoration or repRir of tht Prapercy or to the sums
<br /> socuroci by this Security Instn►ment, wi�ether ur not then due.
<br /> Unlcss Lendcr and �orrower othcrwise agrec in writing, any epplication of proceeds to prineipal shall not extend or
<br /> postpone Ilte due date of the manthly payments refened to in paragraphs 1 and 2 or change tfle anwunt of such payments.
<br /> 11.�orrower Not Released;�or1►earance By I.end�r Not a Waiver.Extension of the timc for paymer.�ar modification
<br /> ot a�norti�atton of tha sums socural by this Security Instnunent granted by Lender to any successor in interest of Borrower shall
<br /> not opernte to release the liabiliry of the original BomoW�er or Bonower's suc:cessors in interest. Lender shall not he rea,uircd to
<br /> commence procooaings againsi+ury aui;i�„iii iiiaE..a..'St i�fifo•%!O£Xiti:�2�SI4N fnr�y����t�r nthzrwise modi£y amor[i�edon
<br /> of the sums s�xurod by this Security Insnument by reason of any denwnd made by the originat Borrowtr or Aormwer's
<br /> suecessor�in intertss. My forbeararke by I�nder in exercising any iight or remedy shall not be a waiver of or pceclude the
<br /> excrcisc of any right or remedy.
<br /> la. �CCe.ssocs and Asslgus Bound;Jofnt and Stiv,eral Lixbillty; Cars�wrs. The covenants and agre�e*nents of thie
<br /> Seacariry X��.Stiument shall binci �nd benefit the successors and assigns of Lender and Hnnower. subject to thr �tovisions of
<br /> paragrnrlr. 17. k2orrower's covenants end agrcements sha11 be joint uid several. Any Boa�wer who co-signs tfiis Security
<br /> Inswmcnt but doCS not execute the Not�: (a) is co•signirig this Security Instcumen.t only to mortgage,gn►nt�nd cortyey thxl
<br /> K�rrowcr's inte�act in the Propctty ucder thG terms of t}:is Security Instrument;@l is not personelly obligatod to pay the sums
<br /> yeca,�reci�by this Scx�trity Instrtl�mCnt; and(c)agrees that:Lender and any othet Borrow•cr may agrec to extend,mo:l�fy,forbear or
<br /> ;,u�Yce aqy accommu�ticns;vith regard to the eerms of this;Security Instcument or tt�N�te without that Horrowes's consent. _
<br /> � � 13.I.oan Ch�rgee.If tho loan sauxcd.by this Seeurity Inscrument is subject to a law which sets mexiinum loan charges,
<br /> 1�:and that law is fic�ally inte�preted so thar the intenst oc other loan charges coltected or to be coll�cted in cp�necdon with tho
<br /> :'•{nan caceod the permitted iimi•t§,tlien:(a)any such i�iin'�;harge shall be reduad by the amount'necessary_trr zeduce the chuge
<br /> .:,to t11e permitted limit:a�xl(b���y sums alrcady coliertetl.;from Borrower which excesdal permittttl limit,a�vill'+a4.rofundod to
<br /> Iidrrower. L.ender may chpnse to rnake this nfuml 'Ux�reducing tl�o pdncipat owal under ct�e'�Nae or b,� •rr�RYag a diroct
<br /> . , '. payment to Borrower. If a rcfund ttduces principa�, ttie roducdon will be treatad as a par�ial pnpaynknt_ wtthout nny
<br /> � ,�,prepayment chargc uader tPw Nota. . �
<br /> � '' 14.NoNcee.Any notice_�CO Borrowor provided for�jn this Security Instnunen�shall be given by delivaring aL pr by mailing
<br /> `.�it by Cr�t class n�ail unless�a,�NcaUle law rcquires�se�f.another method.The notiee shall be directod to th��7ciperty Addn�ss
<br /> ��or any othcr address Bunower des+gnates by no�ice tu'Lender. Any notice w Lcnder sha11 be given by �r'si clYSS m�il to
<br /> � ••°Tx►Kler's uddress statod hereire or any other addross ixnder designates by notice to Borrowa. Any notice pmvided for in this
<br /> �,; Security Jnsaument shull be decm�ti to ha�ve.bGeri given to Borrower or Lender when given as provided in this parxgraph.
<br /> ,"�' 15.Governing Law; Severabillty. 'Ti�is Sec�:rity Instrument shall be govemed by federal I�w xnd the law of the
<br /> '• gurisdiction in which the Property is located. In tha�:v�:nt that�ny provision or clause of this Security Zriyt��.rcnent or the Note
<br /> conflicts with applicable law, such�onflict shall not affeoe otlier provisions of this Security Insuuc�r,t�nr�tAe Nata which can be
<br /> given cffcct withoiit the conflirting provasion.To this end the provisians of tt�is Security 1'nstrum�m;nnd uhe 7Vote are declarod
<br /> to be scvcrable.
<br /> 16.Borrower's Copy.l5��orrower shall be given one confonned copy of the PIote and of this Securiry Yns2 r�vment.
<br /> �o�m 3078 9l90
<br /> Pp�4 ot 8
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