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<br /> - 98— �o��oa.
<br /> p�yments nuy no tonger be requirod,at the option of IKnder, if mortgage insuru�cc cAVerage(in du�maunt arid for Ihe pedo�
<br /> th�t Lencler requfrea)pmvided by u�incurer�prodal by Le�der eg�in becorr�available�i is obGdned. Borrawer�hall p�y
<br /> the premiums roquirai to mwlnt�in mortgage insurenee In effect,or to provlde s loss reserve,until the requircment for mort{Rge
<br /> insurtnce ends in aocardence with u►Y wdtten wgrament txtwern l3orrower a�xl Le�nler or opplicAble I,�w.
<br /> !. lnspeclion. Lendec ar it�agent may mata ra�s�mable entrie.4 upon snd inspectiona of tht Proporty, I.tnder shRll Qive
<br /> Borrower notice at the time of or prior ta an Inspation sExcifying rer.son�ble cause for the inspection.
<br /> lA. Contlnmt�tian. The prareds of�u►y �wa�rd or claim for danwges, dircct or consaquent�al, ln connection with�u►y
<br /> cnndemnation or other taking of anp pArt of the Property,ar for canveyana in lieu af corxl�mnatloii, ero hercby assfgned uxl
<br /> shall be pAid ta Lender.
<br /> In the event of a tatal talcing of the P�opeKy,thc procoeds shdl be spplial to tl�e sunis secured by this Secudry Insuumeat,
<br /> whether o�not then due. with any excas paid to Borrower. In the event of a partial taking of the Praperty in which the fiir
<br /> markct value af the Property immafiately befarc Ihe taking is egual to or greater than thc amount of the sums secured by this
<br /> Socurity�nstrument imntodiataly before the t�lcing,unl�ss Borrowcr and l.ender otherwt�e agree in writing,the sums secund 6y
<br /> this Socurity Inurun:en� sl�all i�c roduced by t.iie�c�aount of the procea�.s�uldpliecf by the following fraction: (a) the rotal .
<br /> Amouee c�f'chc s�uns secund immodiatciy befor�e th�t�kiog. diviclad by (b)t[he fair markec v�tue o[thc Pmperty immedl�tcly
<br /> befocc the kaking. Ang k+aJance shell be paid tv BcrzcQwcr. In tGe event of a partial taking of tt�e Property in which the fair
<br /> marf;et vsluo of the .PsoQeny ir►�ts►odiately txforc the�atxiing is!e�i?�an the unount ai tbe sums secured immedi�tely fxforo the
<br /> t�king, unkss Bocrowcr�ud 1..rnde�otherv�ise agree in writing;��r�i��i'i�ss appUc,�ble law otherwise provides, the proceeds ahdl
<br /> bz applied to the sums sxured by this Security Ins�rument whether ox not tt�e a�3�are then due.
<br /> If the Property iF�bandoned by Borrower. a if,after notice by I.ender�io 8orrowex that the condemnor offe►s ta m�ke an
<br /> award or settie a claim for ct�roa,ges. &+rnawer fuls to respond to Lendar wrthin 30 days after the dete the noticx ia givat,
<br /> I.ender is wthorized to collect ud apply the proceods,at its option,either to crstoration ca�:vapair of the Propecty or to the suau .
<br /> securod by this Securitp Instrument,whether or not then due. �..
<br /> Unlesa i,ender uid Borrower otherwise agrcc in writing. any application of prooetds to principul shall not eatad or ,
<br /> postpone the du�date of the monthly pAymen�c nkrrod to in{wragraphs 1 ond 2 or change the a�rwunt of such paymeab.
<br /> 11.Borrower Not Rdeaxd;Farba�ran�ce By i.eudar NM.a Wniver.Extension of the time for payment or modifec�tion
<br /> of amc►rti�ion nf the sums sacural by this Securiry 1'nstrume+i���;grantod by Lender to any successor in interest of Horrow�er ehall
<br /> iw�t operate to�lease the lisbility of the original Berrower orr`d��xavwer's suceessors in interest. iender shsii not be�qai�od io
<br /> comme.nce prooetdings ag�inst Any successor in iqtenst or refuse to extenSLtime for payment or otherwise modify anwr�iz�tion
<br /> of the sums sec�rod by this Security Instrpnuc�tt�fi�y [�eason of eny detnan•i1 anade by the origitu�i rsorrowa or notsower'e j���.�:
<br /> sucassors in inttrcst. Any foibeacAnoe by i.�nder,��n exercising any right��r•remody shaU not be a wajv.ec of or preelude dn �..: .: •
<br /> excrcisc of any right or remody. . � �-, `.; ,� ;
<br /> 12. Suc�c�weore and Assign+Bou�d;Joial and Sevenl I.iaWlity; Go-si8�ra�s• ''�hra covenants ahd �8►een�ars of thit
<br /> Security Instrument shal! bind and benefit the suocessors a+id ucigns nf:,l.,�tnder and Borrower, subjeCt:rtu the provi3ion� of ;
<br /> paragreph 17. Bortuwer's ooven�nts nnd agroements sh�l! be jc►i�nt.alict st?;�,�al. Any Horrowor who;o.�,,�igns thiB,Security ;'' �
<br /> Instmment but does noc eaecute the Not�: (a) is ccrsigning thrs�Socur�ey Jr�s�roment only to mortgage. gr�ic+md oou��Y� '..,`;�,`
<br /> Borrouer's inttrest in the Propertp u�tder the terms of this�e;r,rit���J,�z1*��??►�'nt;(b)is�tot personallp obligatod w p��r.M�.arnu
<br /> securcd by this Saurity Instrurnent; and(c)egms th�t Lender�!��iiy otiier 8orrower may agroe to eatend,moc'.ify,.'fn•rik6r or
<br /> mak�eny saommalatians with regerd to the term+af this Security Instrumeiht�or the Note without that Borrower'a oonsent. ;
<br /> 13. I.aw C6artea.If the loan securod by�his Security Instrument is s�+tiject to a Inw which sets rnaximwn loan clwge,s,�. ,
<br /> and that isw is t�n�ily interpreted so tlu�t the inter�st or Mher loan charges oollocted or to be collected in coru�ection with tLe
<br /> los�n excood the permitted limits,then;(a)u►y such loan charge shall be roduca!by the wnourn nax,uary to nduoe the d�sr�e
<br /> � to the pernuttod limit:and(b)any sums alccady as;lected�rom BorrowGr which exa�odod permitted limits will be refunded to
<br /> Borrower. Laider may choase to make this refund by roducing the principal owed under the Ncxe or by �rWcing a direct
<br /> = payment to Borrower. If a refund raluas pcincip�l. the roduction will be treatod as a [►�utid pnWyma�t without �ny
<br /> ; prepayment charge ucder the Note.
<br /> ! 11..Notias.Any notioe io Borrow�r providai for in this Socurity Instrument shall be goven by delivering it or by milin�
<br /> � it by�+Farst ciass mail unless applicable law rcquircs use of an�►ther method.The notia sh�ll be dirocted to the Pcopeity Address
<br /> or any other addnss Borrower dosign�tcs by not�a to L.crder. Any noiice to L.ender shall be given by first cisss �mil to
<br /> . Lender's add�ess swted herein or any other address Lender designates by notia to Bo�rower. Any notice provided for in tli1:
<br /> �;'�:. Sr.curity Insavmcnt shall bt damed to have bar..�given to Borrower oc Lender when given as provided in this paragraph.
<br /> a''�'' ..iS.Govanins I.aw; Seva'ab��Ity. 7'his Security Instrument shall be govemod by foderal law and che law of the
<br /> ' � juriuiicKion in which the Property is locuted. In the event dut any provision or clause of this Socurity Instmma�t or the Note
<br /> : co»91acYs with applicabl�IQw.such conflict shall no:effect other provisions of this Security Instrument or the Ncxe which can be
<br /> �i� .1 � given effoct without thc conflicting provisiau. To this end the provisioa�s of this Socurity Instiument xnd tfk Note ac�e dxlared
<br /> �",. ' to be severable. ,
<br /> 1� ,:,, 16.Burrower's Copy.Borrowtr shall be given one conforn�ai cop5+����e Nnte and of this Securi�r�.3n3trauitot,
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