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<br /> paymentR may no longer bc required,at the option of Lendee,if mostgage insurance coveragC(In the amount a��d for tho perloci
<br /> _ that I.endcr requtrca)��rovided by m insucer e�ppmvod by Lendr.r egain btcome��vailnble�nd is obtiined. Horrower ehell pay
<br />-_.j the premluma required to mainutn mortgage Insurance In eflat,or to provid�a los�reservc,until thc requfrr.tnent for nx�rtgaga �
<br />_- insurance ends in acwrdance with any written agreement between Borrower and Lender ur applicablc law.
<br />—' 9. I�ssss�xcAon. Lender or lts agent may make rca�cxAble enuies upo»and Insp�c�lom of the Prapeny. I.ender.r•hnll givu
<br /> � BorrBwer natice ac ehe clmc af or prlor to an inspectlon spr.clt�tng reasonable cuuse for the inspcction. -
<br />�.. 10. Cucrdanmatlon. Tho prace�xls of any award or daim for damoge�, dirret or consequenUul, in connecUan with any
<br /> condomnation ar other taking of any part of the Propeny. or for conveyuK;e in lleu oP condemnation, Are her�by os�igned and
<br />__ shnll he�:+id t�I.endcr. `
<br /> Ia the event of a tatal taking of the Frop�rty,the procads shell be applfed eo the eums securod by this Security Instrument,
<br />' whethar or aot ihen due, with u�y excsjs paid to 9orrower.In the event of a partial taking of thc Praperty in which the f:�ir
<br /> market valuc af the Property immediately before the tekitag Is cqual to or grcater than the amount of the sums sccured by tliis
<br />= Socurity Instnwunt immediately before the taking,unles�Bormwer and l.ender otherwise agree in writinE, the sums secured by
<br /> thi� Securiry Instrumeat ahall be reduced by the emount of tt,e proceeds muldplied by the following fraction: (a) the total
<br />- amount of the sumg secured immediately before the taklag,divided by(b) the fair market value of the Propeny immcdtately _
<br />= before tha t�lcing. Any balana shall be paid to Bonuwer. !n thc event of a panial taking of the Praperty in which the fair
<br />— market value of the Pmperty iromedlately befort the ca4ing ls less than the amount of the sums securcd imnxdiately bcforc the
<br /> taking,unless Horrower and Lender otherwise agree in writlag or unless applicablc law otherwise provides, the proceeds shall
<br /> be applied ro the sums secured by this Securlry Instnunent wdether or not the swns are then due.
<br /> If the Propecty is abandoaed by Borrower,or if. efter notice by L,ender to Borrower tbu the condemnor offers to make an
<br /> award or uttic a claim for damages, Borrower fails to r�espond to Lender within 30 days after the datc the notice is given,
<br /> = I.andCr is autltoi;r�ecl to collect u►�ap�ly the pr�s.at it�oprton.either to restaration or tcpair of tltc Ptap:.rty or to thc sum.� •
<br /> secund by this Security Instra.w�er�t,whether or not thea dua
<br /> Unless Leader and Borrow�r othc�w'sse agrec in wridag, aay application of proceeds to principal shall not extend or
<br /> postpone tbe due date of the monthly paymenta refcrrod to in paragraphs 1 and 2 or change tha amount of such payments.
<br /> 11. �onroeer Not Rdeattd;Forbairance By Lendet Not a Walver.Exteniion of the time for payment or modification
<br /> — of amortizadon of the stut�s sexured by[his Security Insuunsent grantod by Lender ta any successor in interest of Boaowar sh�ll
<br /> not opes.0 to release the Ilability of the origlaal Homower ar Borrower's suaessors in interest.L.endtr shall not be requlred to
<br /> � commence procadings ag�inst�ny succ;essor in intenest or ntuse to exteud tune for payment or otherwise modify amortization
<br /> of the sum� secured by this Security Insuument by reason of any demaad mada by tUe original Borrower or Boaower's
<br /> successors in inte�st. My foi6earAnce by Lender Ia ezer�cising uiy rig6t or remedy shall not be a waiver of or pnclude tba
<br />— , exercise of any dght or nmedy.
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<br /> �� Securlty Lsstrumeat shall bind�nd benefit the successors and assigas of Lender and Fionower, sub}ect to the provisiane of
<br /> paragraph 17. 8orrower's coveaants aud ag�cements shall be joint anA several. Any Borrowcr who oo-signs this Secudty
<br /> Instn�ment but does not exccute t1�e Note: (a) i's co•signing this Securiry Instrument only to mortgage, grant and convey that
<br /> Borrower's Int,erest in the Pro�erty uader the tern�s of this Securiry Instrument; (b)is not personally obligated to pay the sums
<br /> secured b�r this Sxur(ry Iasuument;and(c)agroes that Lender and any other Boirowcr may agree to eztend,modify,forbcar or
<br /> make aay accomrnoduiona with regard to the tetm9 of t6is Sec�ulty Instnunent or the Nato w[thout that Borrowcr's coasent.
<br /> 13. Loa�n C�es.If the loan secured by Wis 5ecurity[nsteument is anbject ta a law which sets maximum loaa charges,
<br /> and that law is fin.ally inte�pnted so thas the interest or other loan chazges oollectod or to be collected in connection with th�
<br /> s loan exceed the permittod limia,then: (a)any sucb loan cLuge shall be reducod by the amount necessary to reduce the charge
<br /> •� to the permittod l9mit;an�(b)u►y sunu already collected from Borrower which cxcadcd permltted limits will be rcfundcd to
<br /> Bor[nwer. Lender miy choose to make this cefuad by reducing the priacip�l owed uader the Nou or by making a direct
<br /> � payment to Borrower. If a nfund �educ�s principal, ttia reduction will be tna�tod as a partial prcpayment without any
<br /> prepayment ct�arge under the Note.
<br /> 14.Notices.Any nodce to Bocrower provided for ln tLis Security Iasavment sh�ll be given by delivering it or by mnilinII
<br /> it by first clzss roail unlcss appllcable law requires use of anothcr method. The noricc sha4l be directed to the Properry Address
<br /> ;,� or ��osber addKSS Borrower ciesignates by nodce to L.ender. Any notia to Lender shall be given by flrst class mail to
<br /> ��+ Lendsr's addctss statod herein or any other address Lender designaus by notice to Borrower. Any norice provided for in thfa
<br /> ''��.'� Securiry Inattumeat sh�ll be damed to have ba�n given to borrower or Lender wtun givea ag provided in this paragraph.
<br /> ' 15.GOY!!'olRg I.YN� Serex�xbility. 1]�is Sxurity iastrumcnt shaU be govenaed by federa! law and the law of tl�a
<br /> jurisdictIon ia whicb the P[opercy is locatai. In the evrnt that aay pmvision or clause of this Securiry Instmment or tha Notrs
<br /> conflicts with applicable law, such contlict shall not afifxt ot6er provisions of this Secur[sy Instrument or the Note which can be
<br /> giveu effect without the conflicdng provision.To this end the provisions of ttris Seeurity Instiument and the Note are declat�d
<br /> to be severable.
<br /> 16.BorroNer's Cupy.Borrower shall be givea oae canforcnal copy af the Note and of this Security Instrument.
<br /> Form 3Q28 9190
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