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<br /> ' S'A�' 141..
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<br /> :�: ' �` ip�1=--
<br /> � � 92_
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<br /> ._: � o.- - : ::--�.:.�
<br /> �-II��'�"'��`� �yments may no longer be required,at lhc option oi I.ende�, if mortgugc insun�nce cavic e(in the umount and fnr�hc period
<br /> -----__= thW L.ender requires)providcd by an insurer upprovcd by l.cnder oguin boc��mes uvuilnblc und is obtainod. BoROwcr aiwll pay
<br /> --- the prcmiums required to mainain mongage insurancc in efTect,or t�+provWc a I���+reservc,until thc requirement for mort��e
<br /> - -------— lnsur�x enda in uccordance with uny wrinen agrocment betwcen Bc�rrower anJ I.ender ar upplicable luw.
<br /> �Y ' - q,{�pe��t�op. Lender or i�s agent may muke rea.s�tutblc cntr�es upon and i�npection.r•of lha Praperty. L.ender s�twll�ive
<br /> —�'�""'���.� Bonower notice ut the tinx of or prlor to un inspection spocifying res+�maMe cauwe fi�r�he inspection.
<br /> ..;� `' 10. Condemnatb�.The praceedx nf uny uward or claim for dumuge�,direct ur conseyucntiul, in connecti�n wilh any
<br /> - --- �ndemnutiun or other tukfn�of any pun of the Pmperty. or far cunveyun�e in lieu of cundemnatian, ure hereby ussiknod +ud
<br /> =��'3�,� siwll t+c paiJ to i.ender.
<br /> � -__ - _�-�--_-�
<br /> ;:���� !n the event of a rotal tuking uf the Propeny.�hc pakcuL.rh•rll be applied tn the sums,ecurcd by thi�Sccuriry ntitrument. �
<br /> �;;�.�,�,�y;,. whether or not then due,with any cxcr�s.r• puid to Burrower. In�he event�t'u paniul taking of the Pu�perty in which the fafr
<br /> �. ��'D`��•,�.,� murket value of'thc Property immediatcly befnre the luking is eyuul lo or greutcr�hun the wnuunt of the sums sccurai by this
<br /> , •w..,
<br /> ��'�� Security Instrumcnt immediately before the taking,unless BaROwer and L.cncfer otherwit;e•WB�ee in writing,the sum.4 uxured by
<br /> - ..._.�.:,� "�.� tbis Securiry Inslrument shnll be rodur«1 by the wnoum of the proceeds multiplied by the following fraction: (a) the totul
<br /> �_.�°'�"��_��:' :'
<br /> _�` , amount of the sums secured immodiutely befare the wking,dividcci by lb) the fAir murket valuc uf�he Property immediately
<br /> -�--��•�:�:���„v '• --
<br /> :..�;.�i:t_;:,.,,,re before Ihe toking. Any l+alwue�I�ull be paid to Borrowcr. In the event of A�:trtial taking of Ihe Propcny in which the fair
<br /> cy,��7 �,� market value of the Property immediately before thc takinR is less than thc umount of the tiums secured immcdiutely befare the
<br /> .1i' '.n�y�.
<br /> �'�.�y+� tnking.unless Borrower and I.ender otherwise agree in w�iting ar unless applicuble luw otherwise provides, the pra�ls shall
<br /> �' : .
<br /> `�`''�';;.Ar.,,���:;'',��� be apptiod ta the sums securod by thic Security Instrument whether or not�he sums ure then due. �
<br /> ...�r. :.;•...�,
<br /> ---� "'°" ' �' If Ibe Property is ubandoned by Bonower, or if,after notice hy l.ender to Borrower thut the condemnar offe�s to muke an
<br /> '�"`"'�"""���.,'y nword or setde a claim for dsu�wges, Horrower fnils to respond to I.ender within 30 Juys nfler the dete Ihc noticc is given,
<br /> -_iz���r-:.;,:.
<br /> _ ••••�-�-���r�r_t- � Lender is authorized�o callect and apply the proceeds,ut its option,either�o restorntion ar repair af the Property or ta the sums
<br /> ��: ::�_�:v��isxa�n; _� "
<br /> _�yµ,� secured by�hia Securiry Instrument,whe�hc�or not then due. _
<br /> :.�R;.:�.;,n;;:;��;,.. Unless I.ender and Borrower othenvise ogree in writing, any upplication of pruceeds ta principal shull not catend ar
<br />-_ - �.;,��,�;�, pastpcme the due date of Ihe monthly paymcnts referred to in par�graphs I and 2 or chsinge the umount of such puyments. -
<br /> i �,; ,.,,*,.,_,-q��::� 11. Borrower Not Released;For6enrpnce By I.ender Not a Waiver. Extension of the time for payment ar malificution
<br /> °--- �:�..b;t::f:.�:ri... nf wnonixiNNion of the sums secured by thi�Security Instn�ment granted by[.ender ta uny successor in interest of Borrower shal l
<br /> �� :'v%� ' %�.�- not opemte lo releuse the liubility of the original &�rn�wer or Borrower's successors in interest. L.cnder shall not be reyuired�o _
<br /> - � . F• � commence procccdings againsl any succesKOr in interest or refuse to extend time for paymcnt ar otherwisc modify umoniuition -
<br /> =�.,���`•`'''`�^�.��+ � af the sums securai by thir Security Instrument by reuson of a�y demsind made by the ariginal Burrower or Borrower's
<br /> ;�:� huccexsors in interest. Any forbearance by Lender in exercising any right or remedy shall not be n waiver of or preclude�he
<br /> ezercise of any right or remedy. -
<br /> �:.;,;�,:;;,,,.:,�.:_�, __ 12. Succcssora and A�siBns Bound; Joint and Seve�al I.iAbility; Co-signers. The covenants and ugreements uf this
<br /> -- �� - Securiry [nstrument sh�ll bind und Nenefit the tiucresx�rs and acsigns of txnder w�S 8u�rouer. subjcri io thc provi�iorss uf -
<br /> _`������•,••••� '" ' parugrnph 17. &�rrower's coven�nts und agreemeniti shall be joint und tieveral. Any &�rrower who co-signs thir Security
<br /> "'�� � Instrument but diks not executc the Note: lu1 iti co-signing this S�curity Ins�rument only to mortguge, grunt und cumey thut _
<br /> .�,.�„ -
<br /> �s
<br /> = Borr�wer's interest in the Property unJcr thc tcrms of'this Security Inxtrument: Ibl is not penonully obligated tu puy the sums �
<br /> �j-��"`' � ' xecured by this Securiry Instrument:und Ic)ugre��that l.endcr and any oiher Borrower ms�y�gree to extend, modify.forbeur or
<br /> .�.�to�.• -
<br /> ^ .. make any uccommalutions with re�:unf�o the terms of thi,Securiry In��rumem or�he N�ne without that Borrawer s consent.
<br />�;:�,.� . 13. L�wn Clwrga.�s.If thc loan sccured by Ihi�S��uriry Instrumcnt is subj�c��a u law which scts muximum laan chnrges,
<br />_..,_���-�,. . �. •• and that law is linully interpret��l w that thr int�rest or uther loun charge� collec�ed or to hc collected in conneedem with�he
<br />=,�;:z loun exreed the permiu��l limit,, then: lul uny �uch I��un rharEe�hall hc reduced by thc zunount neces�•rry to reduce the charge
<br /> ;,;,,,�"• .. . ' . tn thc permitt��i limit: mxi Ibl uny xumti•rlrrady cullected from l3oRawer whirh exrerJed permitted limils wiU be refunde�d to
<br />�-;;�.' . �� .. Borrower. l.crutcr nwy rh�w�e to makc thi� rrfunJ by reJucing thr principal nw�cd under �he Note or by muking u direct _
<br /> �'?'�H , �. , p•ryment to Bnrrower. II' a refund reJures princip•rl, the reductinn wil l be �reateJ u� u partiul prepaymcnt without uny -
<br />'�-:�•� . • prepayment charge under thr Notr. _
<br /> "�::.� ..,.`��.•r.�. . �.� 14. Notic�.w.Any notire�o&►rrowrr pr��viJeJ lor in this Scrunry In�trum�nt.haU ln:givcu Uy deli�•crink it nr by�nailing .-
<br /> �".�?"' it by first class ntuil unle�s upplir•rblr luw rcyuircti u�e of anothcr mclhi�l. TUc nuticr .hall bc dirc�tcd to the Property Address
<br /> G;. �.
<br />-=-t�: . ,� ar uny uther sxidresx &�rruwer detiignatc+ by n��tice u� Lcnder. Any iatire t., Lrndcr ,hall t+r given by fint rlatis mail co
<br /> . ,,.� .
<br /> • Lender's udJress swted hcrcin ur any oUirr aJalreti� Lcndcr dc.ignate� bJ• n�xirc w &�rraN•rr. Any nutire pmvid�Yl ti►r in this -
<br /> . . Security Intitrument shall tx.decnutil tu have hern�i�•rn to&►rruwer ur l.cnvcr whcn gi�•ai•r�pni��idrd in thix prrngrnph. -
<br />- ;::�.; _„ . l5. Governin� Law; Severobililv. Thi� S�wu�ity Imtrument tihall ik �:i��•cnicJ hy fcJcrul luw and the luw of the _
<br /> _ , _ jurisdiMion in whirh the Property i+ I�xut��l. In ih�e�•cnt that •rny pruvi�i<m o�cluu,r of thi+Srrurity In��rument or the Nutc _
<br /> � .. . conflicts with upplicablr la�v.,uch ron0ict�h.�ll n�►t at�crt o�hrr pro�•i�ium uf thiy Srcurity In,trumcnt ur thr Notc which run hc
<br /> ;';`.� .. given effi�t withaut the rnnflicting provision. Tn thi.rnd�hr provi,iom��f ihi.S�wurity In.�rument und the Nute are declur��!
<br /> � to be uvcrublc.
<br /> . �� .. 16. Horrower'x C'opy.&�rro��cr�Irrll bc�i��n unc cuuli�rmrd rur}�•t ihr \utr:mJ�H ihi,ti«uriq In,�rumrnt.
<br /> � Form 3028 9l90
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