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<br /> � > � payments may na Inng,ar be required.at the option of L.ender.if martgage in.urance coverage lin the amount and for the period � �:
<br /> .- - that Lender re�nires}pmv►�ed�*Y��►�surer approved by l.ender again becomes availabie and is obtaiired• Born►wer st�al!pay '
<br /> � � the premiums�equirerJ�to maintain mortgage uuurance in rffect,or to provide a loss resen•e.until the require�nent far mvrtga� �5=:.` .
<br /> � insurance ends in aa.r.��rlance with anY'�'Rtten agreement between Borrowcr and Leader or appliwfste la�ti•.
<br /> i q,Inspecittm, tender ur its agent may make rea�onable entries upon and inspections of the Propeny. Lender shall give
<br /> - gorro«er notiey at tha�ime of or prior to an inspeccion specifying�onabie cause for the inspecti�i� �n rnnnection with any
<br /> � � 10. Condcmnsitiun.The proceeds of any award or claim for damages. direct or rnnseq -, - ---.-
<br /> condemnation os otficr.tak�nS of anY Part of the Property.or for cvnveyance in lieu of condemnation.are hereby assigned and
<br /> shall be paid ta Lendcr. �i��o�e s�s��by this Securiry Instnrment. :.. . .
<br /> _ the rooceds shall be app `
<br /> ° In the even�at'adotal taking of[he Property. p
<br /> . whether or not then due. with anY exress Pa�a to Boaower. In the event of a partial taking of the Property in which the fair . . • _
<br /> ` ' market value ot the Fmperty immediately before the taking is equal to or greacer than the�o intwrit ng sthe sums securedy bY � � ' ''��"�'�� .• .
<br /> . � Security In4vsynant immed'iately before�e�lcing. untess Borrower and Lender other+�ise agree . ,..,}.;.;,:".: .`.:;
<br /> �� p p Y � , .,r w_f_,......
<br /> [his Securii� Insttum�nt shal! be reci�u��. � the amount of the roceeds multi lied b tPre r'.-ilo fraction: (a) the t�stal . " , _, e
<br /> a m o u n t o f t h e s u m s•s c x'u r e d immed i 3 t e i� xfore the taking.divided by (b)tite�:z markee tisse of the Froperty immedintely ;, ::-:.,
<br /> Q o f t h e P r o i n w h i c h t h e f a i r � ''f � ,
<br /> - � before th�talr�ng. Any ��ance shal! 'ce Y:ud t�Borro�ver. In the event af a�•m� t a k in�, P e rt Y
<br /> � martcet vAlue af tho Frapem/imme��'=.a�: �ore the taking is less than the amot�t of the sw^'S securedides. t�he ero bceeds shall �`y;�,``
<br /> '�..�<,.;.:. . :_:
<br /> . �n�.��y�,�Bamri�,er and Le�u�^�i�:se arree in writing or arless applicable law otheru:se p P 5_,.;t �;..:,,
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<br /> be appli�r.i th t#ta surt�5�=�b.�����=u•���-�"'�ent whether or not the sums are then due.
<br /> If the Pmpett:��is��a��n��!%='+="'-��•�'•"''•t-�er nouce by Lender to 8esrower that the condemLOr offers to make an
<br /> . � award or settla a c4uim �'zr damages- E�"'��e�'=-�-`to respond to [.ender r•.�30 days after the c�::�ce notice is gicen. _
<br /> - Lender i��uthari.�rJ to collect and z�l_:.'�e proceeds.at its option,either to r��tian or repair of the i�++c�erty or to the sums 4 �., _,� '.
<br /> '�.�'- ��
<br /> � � secured by thi�.�n�y Instrutnent.v.�er or not then due. ;.r���.
<br /> - Unl� Lendvc and Borrower cL�wise agree in writing, any application of proce��� ���� shall not eatend or :.._,�i:; ;;�:.
<br /> • '•�� ti ane tho due du[c of the manthly payments referred to in ParagraPhs 1 ai►d=•=r change��°.:.'�ount of a:c'i payments. : . �st� j
<br /> ' �:� . ,
<br /> � 11.Hnrarn��c Not Released:For6earance��Leader l�iot a Waiver•�•.-�ilion of�.e time for payment or madification `. : �.l== _,'.
<br /> �.- i ii;'� ::
<br /> of amartirarian nf•Ehe sums secured b�t�is Securin Instrument granted by[.c�c:�=o�►Y �'"5S�der shall not be required to � a� t<<�
<br /> not opernte tu relume the liability of d�e ori�inal BarmW+er or Borrower'�successors in iv�� y •.. �,3�{,�y'`,��' ,.;
<br /> commenc�proea�iings against any successor in in�esc or reiuse to eatend rime for payment or otherwise madif amortiretion .
<br /> a:..
<br /> :�. � of the sums so:um,d 6y ti�s Security Instmmem �*� reason of any decnand made by the original Borrower or Borrower's _:�;?�.�"Q,:.
<br />=-.t,.
<br /> snec¢sso�s in inttsest• �nY forbearancz bY L.endr-c i�exercising any right or c�^_edy shall not be a waiver of or preclude the , .�5��`,
<br />`r�t •; .%�J:�•:;
<br /> '� exerci<e of any right or remedy. ,
<br /> �2. gu��-so�s and A�.signs Bo�n�l:�a�nt and Several Liability; Co�sigue�s. The covenams and agreem�nu of this ; �y�;�,
<br /> �IFY.
<br />� u:. . ` _�. Security Instn�m+.�t shali bind and benefit the successon and assigns of Lender and Bormwer, subject to the p�visions of �`
<br />:�?# "�F, P�S�Ph 17.. Barsower s covenants and agreements shall be joint and ser�en�3. Any Borrower who co-si� this Security +� .,
<br /> lnsttumem
<br /> bul does not execute the Note: (a)is co-signing this Security Trs^ru_„'•ent only to mortgage, grant and con�ee th'as '.���;rr::'
<br /> Borro«•er's inic�est in the Property under the terms af this Secunty Instrucr��;1�)is not personally obliga to pay t �; .,:�r�5;;.;
<br /> rees that Lender and any ather�,;rrower may agree to extend,modify. forbear or ;..,,,:_:�,�•
<br /> . secwod b��thit 9ecuriry lastrumenr.and lc)ag "��,.-.
<br /> < . s.�,,��,��
<br />�=•� make any aoaammodations with regard to the terms of this Security Instrumer.t or the Note withou[that Borrower's consen�. h,(���f.,,F..
<br />_ _ ,°, 13.Lono.Chas'ges• ff the loan secured by ttiis Security Instrument is ses�;ect to a law which sets maaimum loan d-.s�`es. :;,'�'�c`�,
<br /> 4�?E:``• . � _ utd tl�ai I�w is�finally interpreted so that the int�:.-�or other loan charges u:•l[�:ced or to be collected in connection wntU[he ;::,.`'� �Y.-
<br /> � �� • -� ��� loan exc�ed thn permitted limits,then: ta)any scc•�+;toan charSe shaU be redu+a�5y the amonnt n�5ary to roduce the charge . , :
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<br />".;.; �- � to the p�nniuw:t limit:and tb)any sums already collected irom Boaower whi�i exceeded permitted limi�s will be refunded to � s ' ;��.-
<br /> , � •;.r�s''!'u': :; :L�'+1�j�ri'•Y:r:��
<br /> �; •,,:A; �.• •, Borro�ver. Lender may choose to make this refund by reducing the principal ow'ed ui�}i� the Noie or by making a direct ,���f \
<br /> ���• payment ta Hurro�ver. If a refund reduces principal, the reduction will he aeated :� 3 partial prepayment without any ,�`�. .�4t;:�.::.:
<br /> • 1{�f'. .
<br /> ; . ' prepayment c.'�urge under the Note. � :';�` �"^
<br /> , ' ' 14.I�iotioes.Any natice to Borrower ptovided for in this Secutity Instet�mr�cc shall be given by delivering it or by mailinS _: r„.:
<br /> . ' . it by fina cl��mail unless applicable law requires uce af anather method.The notice sh�lt be directed to the Property Address ',.Y,�tii'.� . ,
<br /> ,.. :.�,�•
<br /> `?� • or any oth:�addres.s Borrower designates by notice ta l.endr-r• Any notice to Lender shall be given by first class mail to ' �;f�'. •
<br /> i.�`� 's cltess stated herein or any other addres.s l.ender des�gnates by notice to Borrouer. Any notice provided for in this �, ':�r�;?�:,;. �
<br /> Lendtr ar� - •',.�.: '
<br />" = Secvrity Itnttument st�all be deemed to have been�iven to Borrower or Lender when given as provided in this paragraph.
<br /> • �g,G���� (..;��u; Severability. This 5ocnrity lnstrument shall be govemed by federal law and the law of the
<br />-;;"t ` � jurisdiainn in which ctie Properry is located. In the event that any provision or clause of this Security Instrument ot the Note �y,;� •:
<br /> :.,.. ��. �4...i;,,,..
<br /> ,`. conflids will�applicabie laa+,such u��t]ict shall not affect other provisions of this Security lnstrument or the Note which can be �r(`ti�,r;:
<br /> :i:�, � s n,vision.To this end the provisions of this Security instrument and the Note are declared ,.�.�+-. .,
<br /> _ given e3ttze'without the conflictin�p °"�� .
<br /> -`��:. to be s�•�ufiile.
<br />`�1;i�'. ` ' 16.Bvftower's Copy.Borro:�er a�ail be given onc conformed copy of the Note and of this Security instrument. .
<br /> �• � Form 3028 9190
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<br />`-' Page 4 0l 8 �� �- _ �
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