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98— a�c��o�� paym4nts raay no longer be required, at the optian of Lender, if mar�gage iASUraace coverage(in the amount at�d#ox e perio tltat Lender requires) provxded by aa insurer approved by I,ender agsin beco;mes available and is obtainod. Borrower shall pay tha premiums requirad to msiacain mort�age+++��*A++ce fn effect, or to px�ovide a�ass reserve,uatil the requirement for mortgage insurana ends in accordat�ce wirh say written agreement botweea Horrower and L.e�dar or epplicable law. 9. Inspection. Lender or its a$ent may make reasoz�able enrxies upon and fnapections of the Frapoxry. Lender shall give Borrower nodcx at the time of or prior to an inspxtion s�eCify►iitg reasonable eause for the inspection. 10. Condemnatlon. The proceeds of any award or el�im for damages, direet or eansequential, in conneetioa �uvxth any condemn�tion or othez tsk�ttg of any part of the Praperty, ar for conveyauce iu�lieu of condemnation, are hereby usigned aad shall be paid to Lender. Xn the event of a total taking of the Properiy,the groceeds shall be applied to the sums secured by thf,s Security IastrumCnt, whether or not then due, with aay excess paid to Bonawer. In the avent of a paztial taltu�g of the Property in which the fair market value of the Properiy immadi�tely bofore tlte taItin,g is eqnal to or greater than the amount of ths sums socured by this $eccuriry Y�stnin�ent imaudiately before the taldng, nnless Borrower and Lender otherwise agrce in writing, the sums securod by this Sacurity Instrumen� ahal] i�s z�ciuced by tl�e amouat of the proceeds multfplied by the followia�g fraction: (a) the total amount of the sums aecured immediatoly baforv the taking, divided by (b) the fair market valao of the ProperCy iwmedxately before the t�. Any balance �Aall be ��id to Hormwcr. Yn.thc event of a partial taking of the Propetry i� w�i.cl� the fair market vatue of the Property immediately befare the taki�ag is lcss than the amount of the sums secured immediately befoxe tt�e taking, unlesa Borrower and Lender otheiwise agiu in writi�g or t�nless applicable law othen�rise providee, the proceeds sx�ll be applied to the aums secured by this Seciuity Instrument�r�ether ar�toc the sums are then due. � If the PropeXty is��band�z�ed by Horrowcx, ox if, aftts aotice by Lender to Borrower thnt the coudp�or affers to make an award or settle a claim for damages, Borrower fails to res��nd to �eader withia 30 days aRer the date the notice is given, Lender is authorized to collect and apply the proc�eeds, at its option, either to resto�don or repair of the Propeny or to thc sums secured by thi.s Security�tn�meat, whethes or not then due. . . Unleas Lender a�d Borrow�r otherwiso agree i�n wirittxag, aay applicatfon of prooeeds to pri.ncipal shall not extend or postpone the due date of the monthly payments refernd to in p�ragrapl�.s 1 aad 2 or ehaage the atnount of such payments. 11.Borrower Not Releasod; Forbearance By Leadar Not a Wai�er. Extension of the tivae fox paymGnt or modi8cation of amorcizatioa of the sums securod by this Sxurity Instrum�nt granted by Lender to atry aucCessor i�iuscrest of Borrower shall noc oparate to relesse the liability of the or�gioal8on+ower or Boaower's succ�ssors in interest. Lender skalt not bn raquired to co�proceedings egainsc any succ,essor ia intes�st or refuea to eztend time for paymont or othetwise moditfy amortizstion of rhe sums seaured by rhis Securlty Iflstrument by reasoa of any demand made by the origin�I �orxo�+er or Borrower's successors i� interest. Aay forbearanc� by I.cnder in exer�isiag aay rlght or ramedy shall not lx a waliver of or pxec�udc the exercise of auy zight or x�aaaedy. 12. Successora and Asaigaa Bound; Joint and Sevet'�it Y,,iabf�ity; Co-sfgners. The coveaants aad agreements of this Security Instrumeut shall bind and beneSt the succasaors �nd asaigns of Lender u►d Bortowex, subjc�ct to the provisions of paragraph 17. Bonower's coveaaa�s aad agreements shall ba joiat and acveral. Any Borrower who co-sigas ttlis Sectuity Ias�zum�t but does uot execute cb�e Note; {a) i� ca-sigui�g this Security Inatrument only to mortgage, grant and convey tha� Horrower's interest in the Proporty under the terms of thia Securfty InsuumCUt; (b) is z�ot pessonally obligated to pay rhe aums secured by this Security Inatinmont; and(c} agrees tt�at Lender and any othar Borrower may agree to 4xtettd, u�odifX, fazbaar or make any accommodatlons with regazd to the terms of this Security Inatntment or the Note without that Borrower's conaent. 13. Loan Cl�arg�, If the loan secured by this Securlty Instrument ia aubjbct to a law which sats m,axi�num losa charges, and that Iaw is finally interpreted so that the iaterest or other loan charges collected or to be eallocted in eou�o�tio� w�th the loan excee�the permia�ed limits, then: (a) any such losa charge shali be rednoed by the am�ouut necessary ta reduce the cha�'ge to the pormiued lfmit; and (b) aay sums alraady collecud from Borrower which ezcxded permitted li�nits will bc refunded. to Borrower. Ltnder may choose to make ih�s refuad by reduciag the prinoipal owed uader the Note or by maldng a direct paymeat to Por�rowtr. If a refund reduces principai, the reduction wxll be rneated as a partis� prepayment without any prepayment charge under the Note. 14.Ndtices. Any notice to Barrower provided for in this Secu�iry�stru�nen[shatl b�given by delivering it or by mailiag it by first class rnail unless applicable law requires nse of aaothes metbod. The notice shall be directed to the Property Address or any othcr address �onower dc�ig�iates by noEice ro Le�d�1', t#ny nodcx to Y,�nder shall be given by flrst class mail to Lender's addrass stated herein or any pr�e��ddres9 Tre�.dex designatea by aotir,� to �orrower. Any notice grovided for in this Security Ynstrumenc shall ba de�med to]t�v@ beetl p;i�ve�1 to Horrowe�t or�der whea given as provided ia this pazagraph. 15. Gave�'ni�g La'w'; S+e�'er�bility. Thfs Secarity Inaa�ment shnt� ba govermad. by �edcra� !aw and the law of the jurisdiction in whieh the Property is located. In the event that azry provision or clause of this SeCUrity Jxisuvment or� No�e conflicts with applicable law, such conflict shall n�t a�ect other pravisions of this Security Instrument or the Note w►hiah can be giv�effeet witbout thv contlicting proviaion. To this end the proviaiona of this 3ec�uity Inatrument and the Note an daelaxed � to be severable. . 16. Sorrower's Copy. Bonawer sha1�be giveu dno co�afo�xned copy of the Note aad of this Securiry Instrument. 11� Form 3026 9/9q �R(NE}�2 21.0� Po¢s�o�i lOiS3462 �/ �f �nnweyS= T-� �