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�� ____. ._ _ � - —:��.:�t:-�- - �-�° �'_ - �� - - � _ .. _-�-_ .- _' _.._ ---, . -- _... .. =,-=w�,;:T_:=.-=__�-�,... _-:. - .. � -.- r.' ,.r:r.�- . . . . . � ...c�wwi.:sw++mvs. � � ( .. . .... _ . - . . . ..�� ..:r.a.,.�� ... . �.._..u_.',..r�--��_-. i.�o,.. ,r.�_ -- - ��.:a1'$Lf1�llltwri'=��"' _'_ - .�.u:��'�!'.�-',..�.__ ....� _�_ �� I/��V'.i _. paynxnis nuy �w lon�cr bc rrquirai.ut the��Qtian of Le�xier, if nwn�a�c insur.u�cc ro��crarc(in�hc�nwuiu auxl fur the perial - that l.eiu9u rcquir�s)pmvicic�l by an insurc�a�+pru��eci by l.cridcr agu�n tx�an�es�vuilut+lc�nd is c,t�tained. Bc�rrc�w•er stull Fwy� tt�preuiiunu r�uire.i ta nuintain monr�e inwruiu�e in ei'fect,ar to proviJe a icus n;serve,until the reyuiren�u For nwrtrage i�uunu�ce endc in acconl:uue with:uiy written a�rament betw�een Boerow�er uncl l.ender ar appli�able law. 9. I►icpecilaa. Lendcc cx its:�ent n�ay n�kc r�asonsbie entrirs upan�xl insp�ctians of the Property. l.cixlcr st►all givc Borraw�er iwtire ut the tia�of or priar to an inspection speciPying re:�saivable cause f��r the inspection. lp, Cwuiemnuitui�. Ti�e proce�is uf a�iy aw�3 er claim for dun:►ges, clirect or co:�s;quential, in coraxction with any - wndenutiatian or cuhcr tuking of uny part of the Property. or for wm•eyance in lieu of canctenuiatiun, are hereby twirned und sl�11 Ix:paid ta l.ender. In the event of a tatal taking of the Property,the proceeds shall be appliai to the sums securad by this Securiry In.�trument, whether or not then due, with any excess paid to Borrower. in the event of a panial taking of the Property in which the fair muket value of the Property inu►xxliately befvre th: taking is equzl to or greater tha�i the ama►nt oP the sunu secured by this Secwity Irutrament inunediately before the taking,unless Bonower and l.ender otherwise agrce in writing.the sums securod by this Security Instrument shall be reduced by the anwunt of the proceeds muldplied by the following frxtion: (a) the total anwunt of the sums securod immodiately before the tvking.divided by (b)the fair mukU valuc of the Property immediately before the taicing. Any balat►ce shall be paid to BorroW�er. In the event of a partial taking of the Praperty in which the fsur matket value of the Property immodiately bc:fore the ulci�c is less than the a�mount of the sums seeured imn�ediately before ttu wking. unless Borrower snd Lender otherwise agree in writing or unless applicable law otharwise provides. the procoods shall be applied to the sums socurod by this Security Instrumeat whether or not the s:ims ue theA due. If the Property is abandaned by Borruwer,or if,r�'.�r notice by Lender to Borrower tlwt the condemnor offers to make an award or szttle a claim for dam�es, Borrower fails tvi cespond to Lender within 30 days after the date the notia is given. Lender is�thorizod to collect and apply the procoods.at its option,either w mstor,s;�on or repair of the PropeRy or to the sums secwod by this Security Inurumetit,whether or not then due. Unless Lender and Borcower otherv�ise �ne in writing, any ;��plication of proceeds to principal s1�a11 nat extead or postpone the due date of the monthly paymer.:..referred to in paragn;�^h,�1 and 2 or change the amount of such paymenu. 11.B�irrower Not Reles�sed; Fosbexr��e By I�r 1Vot a�ti'aiver.Extencion of the time for payment or modification ef amortilatian of the sumc securod by this Socurity 1m.�nent grantod by Lender to any successor in interest of Borrowu sJ�ll not operate to release tbe liability of the otigi�na!Borrower ur Borro•ari s suce�,ssors in inte�est. Lender shall not be requirod to cot►unence proc�eodings s�gainst�ny sucoessar in interest or rcfuse to extend aine for payment or otlserwise modify amortization of the sunu socured by this Sacuriry I�uuunxnt by reason of any demand made by the original Borrower or Borrower's suceessors in interest. Any forbearance by Lender ia e�ercising any right or remedy shall aot be a waiver of or proclude tthee ezercise of�ny right or remody. 12. Suee�scorc aad �L�ns Bouacl:Joint and 5evera! I.isDilily, Co�sigMCS. The covr.nants and �graments of this Security Instrument shall bind �nd benefit the succ�ssors and assigas of Leuder and Bonower. subjoct W the provisions of paragraph 17. Bomower's oovenants arni sgraments shall be joiA1 and several. Any Borrower who co-signs this Security � . ..� is►wi��'ZaTiN1i�Z Ywv i3ui vSv:nit:.�.�'..�.:�:.'�.�.•:: �$j 2.°•CQ-.°.I^ �b�!°�«t��f� TnCflf��M1�1/ tA f1'ifNi�A�r� �T911�afld O011VE11 �_ _''. __ Sorrower's inttrat in the Propeaty under thte ctmis of this Security Inswment:(b)is not personaily obligvta!w pay tLe suuas seeured by this Security Itutrurpeat;�nd(e)a8ras tnat Ixnder and wy otiur Borrower may ag�oe io extend.maiify,ivrocur ur make any accommodations with regard to the umu of this Sxurity instrumau or the Nott without t}�at Borrower's casseat. 13.I.oao ChAt�es.If the loan sxured by this Security It�trumont is subject to�!aw which sets aiaximum loan et�arges, and that law is finally interpretod so that the interest or other loan charges oolla�ted or to be coltaxed in connection with the loan excoed the pem»ttcd iimits,then: (a)any such lo�a charge shall be reduced by the amount necas�ry to raJuce the c?wrge � to the pernuuod limit:and(b)any sumc�lmady collerted from Borrower which exceeded pemrittal limits will be nfunded to • Hoirowa. I,ender may choose to make tl�iis rofund by raiucing tUee principal owed under th� Nou or by m�lcing a dinet payment W Borrower. If a refiusd raluces principal, the reduction wiU be treated as a partial P�Y� �� y • prepayment charge under the Note. 14.Nodoec.Aay notia to Borrow�r provided for in this Securiry Instrument stsall be given by delivering it or by mailing it by first class mail unless applicablc law reqaires use of anether method.Tlu notice shall be d.itrcted to the Property Addtrss or any other address Borrowa designata by notice to L.cuder. Any notice W I.ender stwll be given by fint clzcs a�1 to I.eader's address statod herein or any otPser address L�encler dtsigmtes by notice w Borrowv. Any tatice provided for iu�tbis Sxurity Iaw+�ment s6a11 be dcemad to tsave been given to Borrower or Ixnder when given u pmvided in this paragraph. � 15.Governing Iaw; Severability. This Security Instrument shall be govemed by federal !aw and the law of the jurisdiction in which the E'r�operty is lacated. in the event that aay provision or clause of this Socurity Insttument or the Note wnflirts with�pplicable isw.such oocs�iict shall not affect other provisions of this Securiry Inurumetu or the Note whicb can be given effeet vr3tlsout dse oonflieting pcm��ision. To this end the provisions of this Secwity Insuumont and the Note are declamd w be severable. � 16.Borrower's Cogy.Borrower shall be given oue conformed copy of the Note aad of tlus Sxurity Insuutnent. , • Fc�n 3028 9/90 ; � P.a�we _ ! �