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<br /> p�yments m�y ra longer be required,at ihe option of L.ender, if mortgage in�utunce c�vcr�g�(in the wmount and for the pr.rial
<br /> that l.ender rcquiresj pmvided by nn insurer epproval by l.ender ugxin bimmcs av�ilwble and i�c�b�ained. &��rower shell p�y
<br /> the prrmiu�tu requirod to malntain mortgege insurmce in eff�rct.or to pravide a lusa rcserve, unUl the reyuirement for�nottRrge
<br /> ins+arance endS in ar,conlance with any written agrcement between Bormwer and I..ender or upplica6le IAw.
<br /> 4.Impodlan. I.ender or its�gent may mxke reASOruble entries upc�n And insprxtinnw of thc Pmpr:ty. Lcndcr shall givc
<br /> Borrower notico at the Nme of or prior to an inspection spe:lfYinr rcasonable causs for the inspectian.
<br /> 1Q. Condemnation.The proceeds of any award or claim for damages, Jiroct or conseyuential, in conna:tion with uny
<br /> condemnation or other taking of any part of the Property,or for conve.vance 1n lieu af condemiu�tion, are hareby wsiBnod s�nd
<br /> shall be paid to Lender.
<br /> In the evont of a total takfng of the Property,the proceeds sh�ll be applied to the sums sccurai by this Security Instmment,
<br /> whether or not then due. with any eaccss paid to Borrower. In Iha event af a partia) taking af Rhe pmperty in which the fair
<br /> market valne of the Property immedlately beforo thc taking is equat to or g�rater than thc anwunt of tlte sums sxurai by this -
<br /> Secudty Inununent ienu:�diately befora the taking,unless Horrower nnd Lcnder athorwir�e ugrcc in writing,thc s+uns sacuroci by
<br />' thi� Secuni�ty Ti�trur.e� sh,a�l{ be nduced by the anmou.nt of the praceeds multiplial by the f�llowing fraeavn: (u)• t1�e tcxaf:
<br /> wnount of tho sums s�ocuca�f immediately lxfore the takeng,d:i.vidod by (b) the fair market value of►he Property imrrxdiateiy
<br /> befvre thc t�irfi�:,Any balautc�c shall be paid to BosroMror. �►.ie 1he event of a panial taking of the Propeny in which the f�ir
<br /> . m�rket vskue c�,'�;h��x*mngrt� immediately before the t�icing is Icss chan ths amount of the sums socurai im�nncdiately bekxe tho
<br /> takir�, wiless Bo�ro•�•e'r,r�c�Y.ender otherwiso agree in writing or uuless applicable law nthetwi�se provides.the pmceeds sA�ll
<br /> ' bc�pplied to tlx 5u�iv strcnnxi by this Securiry Instniment wt�ttur or not the sums are then duc.
<br />: If the Prcrperty ii�bn�idonal by Borro�yer, or if.a�or natia by Lender to Borrower that the condemnor offers to malce u�
<br /> rwud or settle a clairri.ffor dunages, Borrower fails ta rcspond to Lendcr within 30 days after the Qate the notia is given,
<br /> Lender is authoriza!;o xoliLcs and 9pply the proceects,at its option, eith�r to restoration or rcpair of thc Propen�y or to the sums
<br /> sa.vred by this$peurity�Ifnstrument,whether or not then duo.
<br /> - UIUCSS�,e1R�Ci;;it�;.l Botruwer utherwi�e agrec in writing,�ny application of procood� to principut siwll not ealenil ur
<br /> postpone tho d�ue�dat�'o�'tfie monthly paymeRts referred to in parigraphs 1 and 2 or change the amount of such paymcnts.
<br /> . 11.Borruuwer Nolt�ktleased;E'orbatranc+e Hy Leuder Not t W�Iver.Sxtension of the time for paymtax or modification
<br /> of amonization of the&�tims'�ecural by this Secatiry InstrunKnt gruited by Lender to any successor in interest of Borrower stuJl
<br />� not opente to rclease the liubility of[he oriAinal Borrower or Borrower's successors in interest. Lender sh�ll not be rcqu(rod to
<br /> E cornmence procoodings a�njt�t any suc�casor in interest or refuse to extend time for paynxnt or otherwise modify umcntization
<br /> - �f tbe sums savred by this Security Instrument by re�son of�ny dcmnd made by the original Borrower or Horrower'a
<br />� sucoeseors in inte�.zt. Any fa�beurence:by Lender in exercising any dght or nmedy shall not be a waiver of or proclude the
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<br /> i - �" 12, Succtaeors-a�Md A\M�sfjns Bound; Jotnt a��l �cverAl LlwbtUty; Co-signers. Thc covenants and agroenxnts of this ,,
<br /> �' Sc�I�},stn�ment sha91 bind ar�d bcnefit the suoc�ss�las and usigns of Lendor and Borrower, subject to the provieans of �
<br /> ���;�, h '39. �orrowet's aavenants and agrcements shall bc joint and several. Any Borrower who co-signs this Sec�riry
<br /> �Iastiumetit_�but`does not execute the Ndc: (a) is co-signing this Secvrity Instrument only to mongage, grant and oonvry tlwt
<br /> •� ;43oirowu's interat in the Property under the terms of this Securiry Ic�strument;(b)is not persorudly obligated to poy tlie sunu
<br /> sa:ured by thia Securlty I�tctrument;and(c) agras that Lender and any other&►rrower may agrce to extend, modify,fo�b�ar ur
<br /> � m�ke�ny accommodati�ns with rcgnrd to the ternu of r�is Security Instrument or tl�e Note witliout ttwt Be�rrower's consaK.
<br /> 13.I.an Ch�raa�.lf the loan socured by thie Security Inunirnent is subject to a law which sess rtuximum lan cb�rga,
<br /> uid that law is finally interpretod so that the lnterest or other lan chuges collected or to be collatad in oonnayion with tho
<br /> loan exaed the percnittaf lamits, then: (a)any such loan charge shall be reduced by the amount necessary to redaa the chuge
<br /> to the permitted limit;and;{�)ilhy sums alre�ly collectod from Borrowcr which excoecied permitted limits will be refundod to
<br /> Borrower. Let�der m�y�c)�aose tu malce this refunEi by roducing the principai owed u�d�er tha Note or by malcing �dinect �
<br /> ,'� payment ta•,lElocrower. If a refund reduces prin�ip�l. the reduction will be treated as a partial prepayment without,;any,
<br /> � prepeyment•cr:�ge under the Note. ' •�
<br /> 14.Not�t�ea.Any twtice to Borrower provlded for in this Security Instrument shall 6e given by delivering it or by rtin�ling
<br /> � it by first class mail unless applicablc law requicrs use�df u�other method.The notia shall be dincted to the Pro�perty Address
<br /> or anp dther address Borrower designates by notice'co I.ender.Any notice to L,cnder shAll be given by first class mail to
<br /> Lender's address stated hercin or any other address Lender designates by►btice to Borrower. Any iwtice providcd for In�this
<br /> Security Instrument shall be damed to linve been given to Borrowcr or Gender when given as pmvided in this paragnph. .
<br /> I5.Gotierning Law; Severabtl[R�. �'his Security [nstrument shal! be govemed by fcderal law and the Is►w of 1Ae
<br /> � jurisdiction in which thc P.roperty is lo�rat�d. In the event that any provislon or clausc of this Security Ynstrument or the Note '
<br /> conflicts with upplicubl�,{nw,such conflitt sh�ll not f��:i..ect nther provisfons of this Socurity Inswment or tha N'ote which can be
<br /> � given effact without the coi�f�icting pr�vlsl�,t►.;'�'ottiis ond the provisions of this Security Instrument and the Note are declarod
<br /> to be severable.
<br /> '� 16.Botm�rer's Cmao}.$orcower shu��be giv����e confornxd copy of the Nute utxl of thi6 Security instrument,
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<br /> 'a Form 302d 91Y0
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