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<br /> payments may no longcr be requircd�at 1he option of Lendcr,if mortgAgc insurance cavcragc(in the amount und far thc periad .
<br /> thut Lender requires)Provided by an insuie�sPp�ro��effect,cor co P��e a loss lcese aauntil thc requ cmc trfar�mortgage .
<br /> , premiums requ'ued tn muinwin mortgagc
<br /> �,s�nce cnd�in�cArd+±nce with any writte��re�ment hetween Harrower and Lender or applicable taw. �nder shnll ive
<br /> 9.Iaspection. L.ender or lis ngent may mnlce reasaneble entries upon e�►d insPcctions of the I'roperry, F
<br /> .r; Bonower nodce at ihe time of or pdar to an Inspecdon specifYinB reasonable cause for ihe inspocdon.
<br /> ..�1 10.Condemnotion. 'I�c proceeds of enY ewtud or c�Iair�► f�nde►n���utof candcmnntion,aze herebyuassigncd ond
<br /> • � condemnadon or othcr teking of any part o f t he P ro p e r t y.
<br /> � shall be paid to l.cnder. lied to the sums secured bY this Security Instrument, ,:. 3._.�
<br /> � In thc event of a totel taking of the PropertY,the pr�g shall be aPP �g of ihe Pcoperty in wh{ch tho fair markct . _s:'
<br /> whGher or noi then due,with anY c�cess Paid to B°n°wer.Yn the event of a parUal .__�v,,•.-
<br /> . value of the Fmpe�ty immediately before the taking is equal to or greater than the amount of th�sums secured by this 3ecuriry .. . -�,'>�.,=-.`
<br /> ��;,-�.,�—__
<br /> Instrument im ment shaU be reduced by theuamo n of the proceeds muldplied�e�ll wing fracdon0(a)the wtal cunoun of ' -`�-
<br /> . Securicy Insttu unmediately beforc tt�e : �'.-,.
<br /> �t►e sums secured 'ur►medlately before the takii►B, divide�by (b) the felr rnaTket value of the Property ' „,-�,
<br /> d to Botrower•In the evcnt of a partial talrin8 af the Pr°P�rtl'�W�ch ihe feir market value of the ,,..,,,�-
<br /> talcing.My b�lance steall be pai „ �
<br /> � property nnmediately beforP thc takim8 is less thHn the emhc�atble law othecwise p v�'�d�the Ptel�s shall t�e app Bed to the . ., ._
<br /> in writing or unless app' ..
<br /> Borrower an d Lender otherwise aRree� ,_.
<br /> sums secured bY this Secur�c}'�►3�'ment whether or not the sums are then due. �.',��,�
<br /> ,. Iff the Property is eban don e d by Bo r r ower.or if,aftar notice by Lender w Aorrower that the cundemnor offers��"�n der � ,_,��.°'-°'�_
<br /> # award cu seule a claim fe r dar�a8�aprocQedsf a its opuone d►er toaeswration3or rcpair ofrthe Praperty or to the�ims�secured � -'-� __
<br /> is authorized to coAect aPP Y c:>�:`:��- __
<br /> by thls Securlly Instrument,whether or not then due. licadon of roceeds w Principal shall not e�ctend or posipone ,:_„�;�;��„
<br /> ��• Unless Lender and Borrower atheswise agre���'�n�h�lyand�2 or chnnge the amount nf such payments.
<br /> the dua date o�'the monihly payR►ents referred co in Par�B�P ,,. ,u
<br /> � 11.Bosrawer Net Rekased;Forbearance By Ixader Not a Waiver. Hxtension af the time for payment or modificndon ,;
<br /> �., Instnunent�anted by Lender co any successor in inte�rest of Borrower shail •
<br /> of amocazation of the sums secured bY this Secu�►h'
<br /> .. �hp nriainal Borrower or Borrower's successors 1n interesG L.ender sha�l not be required to
<br /> - �ot opaais io riic�t�'N lisbil3ri;..f_ ent or oinuwisc��,tiify ar.ctti:.�t�-f ' _�,
<br /> '' commence procaed�n88�St�y Success°r u�int�cst or refuse to extend time for paym Bo�W�or Borrower's successors
<br /> Instnunent b reason of any demand made by the originel �-;�.,
<br /> � � t�e sums secured by this Security Y ht or remedy shall noi be a waiver of or reclud.e the exeacLse of aay .
<br /> L.ender in eaercising any ri8 p �
<br /> �. in interes�My foat�earence by -
<br /> •�; • dghtorremedY• nents of this
<br /> 12.Successor's snd Assigns Bound;Joint and Several LiabilitY;Casigaers. '11re covei►ants and e8�� �iopg of
<br /> s._” Seeiuity Instrument shall bind and�at the su�eceFSO�d����°d�� Any Borrowers hoco-s'igns this Security . ;..'
<br /> par�aph 17. Borrower s covenents t�► t and convey d�at
<br /> Instrument but dces not execute the Note: (a) is co-aigning this Security E�►strurner►t only cu m��b����Y �e s�rms -
<br /> ' Borcowcr's intaest in the ProPeriY undu the tecros of this Securlty Instrument;(b)is nut perso Y �
<br /> secund by th9s Security Inswment;and(c)agrees that Lcnder and sir►y othcr Borrower may egree to rxtend,modifS'�fabear or .--
<br /> ' make a�y eccocnmodations with regard to the t�ms of this Security In��rument or the Note withovt that Boirower's conseat, �""�'
<br /> � � 13.I.oan ChArges. IF the loan secured by this S�IY Instrument is subject to a law which sets mvcimum loan charBes�
<br />''.:,.� .: --;•, � reted so that the interest or ather loan chacges colloctsd or to bG collected in connection with the loan _
<br /> � �� •. „•��� end that law is finallY inte�P such loan eharge shall.be nducecY by the amount necessarY to mduce the charge w the
<br />-.; ''t�" eacad the(x�mitted limits.then:(a)enY -
<br /> _ �°:�"' : �u,�d WnIt;end(b)enY sums alreadY collocced from Borrower Which eaceeded peimiued IImitv wxll be refunded to Borrower.
<br /> owed undcr the Note or by making a direct paymcot to
<br />�;'y- . 's:;;',� r ment without anY P��Yment charge =---
<br />-_- _�. ,� Leiida may chonse to make this refund by reducing the pcincipal -
<br /> �1< < � Borrower.If a refund reduces principal,the reducd�n will be Created as a partial P epaY ---. —.___.
<br /> _... `f. . . ... undu t?ie Plote. --
<br />�,;;a;y' ,.. 14.l�Totkxs. Any notice w Boiruwcr provided for in this Sccuriry Insuument shall be given by deltvering it or by mailing ie _
<br /> - ��+° .. . llcablo law requires use of e��other mathnd.'R►e nodce shaU be directed to the Pr�pe�'Address or
<br /> by fust c1ASS mail unlcss apP -- ----- -
<br />-'°�.: - any other address Boirower designates by notice to Lender.Any notice to L.ender shall be given by C�rst c1a�s mail W Lender s 4_--
<br />'°• ' �'a~ , address stated herein or any other address Lender deslgnates by nodce to Bor�ower. Any notice provided for in this Security o��
<br />� Inswment shall be deemed to have boen Btven to Borrower or Lc�:der whcn�ven iu pmvitled In this parugraph. �_--- _
<br />" IS.Govsrning Law+�eyenatity. 'Ihis Security Insuument Srovis o or clause of this S�Ity Ins�wn►ent or the Note ���-
<br /> -.. ''�: •���. jurisdiction in which thc Froperty is located. In the event that anY P �°�_.�=�_.�-_�:
<br /> , , ''� conNets w1t1�applicablo law.such conflict shall r.ot affect oiher provisions of this Security Instrument or the Note which cen be .�,���=�
<br /> . � ._�M �w�,
<br /> r given effect without the conflicting provision.To this end the pr4visions of this Sec�rity Insuumem tu►d the Note an:declared to '•.�
<br /> ble. ..•;.,� '{�;;;
<br />-.. be severa .,�,:_: :�z�::.r,�.._.
<br /> � Form 3011 9/90 �•=a= .�
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