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<br /> ; � ',� paymen�s may no longer be required.at the option of Lender.if mongage insurance covQrage(in the amount and for the period : ��, :_
<br /> . } that Lender rcquires)provided by an innuer approved b�l.ender again becomes available and is oMained.Bor.o�-er shall�) { �;,` . .
<br /> : ' � , che premiums requued to mai�ataia mortgage insurance in effect,or to pro�ide a[oss rese�ve,unril�he requirement for mortgage d ,;�,. .
<br /> . � . � �u�ce e�in accardance wi�h any written agreement beiween Bomnuer aad Irnder or applicabte�aw. ,� f ,
<br /> � ` ( t 9.Iacpedian. Leadcr or its agent may make reaconable entries upon and iaspecteons of t�e Property. I.ender shall gi�e . `-
<br /> • . cause for the' ection. ���1 ,
<br /> -� ._ = g�,mauer stotise at the rime of or prior to aa itespection specifying reacflnaDle �p T '.� r
<br /> � 10.Condemnattoa.The pmceeds of any a�vard or claim for damages.direct or consequential, in conueccion wlth an} • .
<br /> � ''�� $ oondemnation or other takiag of any part of the I'roperty.or for comeyance in lieu of cundemnation.are hereby assigned and
<br /> �. . . . ;�:� .
<br /> , � •� : i shall be paid to Leader. '; '`.=.� =_`='=-_�_
<br /> �--- . ..--- tn thc eti�ent of a iotal taking of the Property,the Proceeeds shap be applied to the sums secured by this Security Insnument. .'�'_�'_:,_. ._,.'._'��_
<br /> � ro eds • �a
<br /> ' _-�f..:�,�° � whether or not theu due.with auy eacess paid to Botrower. Ia the event of a panial taking of the Propere� in which the fair �*��E�:�---�-..�-. .
<br /> '�:�t:�; > .
<br /> � , •- � �Y � ma�cec vatue of the Property immediately before the[a&ing is equal to or gceacer than We amount of the sums secusecl by this .'�_;-:`"�=.�..:�:``;- i;:
<br /> . ~ � gecurity Instrunzeat immecliately before the taking.unlesg Hocmwer aad i.ender oiherarise agree ia�vriting.the sumc secuted by . - --y . V _
<br /> c6is gecurity Insuumene shall be reduced by the amounc of ttce pmceeds mulciplied by che folloaring frac[ioa: (a) the cotal
<br /> �. _.'( � amaunt of tHe sums secvreQ immediately before[he taking,divided by f61 the fair market valne of the Property immediatety ;,,:rr,:" =`�.. �
<br /> � before the taking.Any balance shali be paid to Borrower. In tite event of a partial taking of the Property in which the fair 1}.� ��;
<br /> ,.,�,, ., ;:
<br /> . , market vaIue of the Property immedfateiy before the takircg is tess tban the a�noonc c�f cke sums secured immed'eately befate the , .. �. .•
<br /> .. >�.� ;< , :` ` •,:;
<br /> taking,unless Borrower and Lender atAeravise agree in writing or unIess applicabte taw athe:wise provides.the prooaeds shalt ,j
<br /> • ' i be applied ca die sums secun•d by this Security Iascr�menc whether or not the sums are theu dne. � :.
<br /> - - _�:...�:� if the graperty i�abandoned by Borrower.or if,a€eer aodce by Lender to Bocrawer t�at die oondemnor offecs to make�cz ` �, � ��f n`Y,:-
<br /> L4 'h .
<br /> ,:-.,1 au�a�d or senie a claim for damages.Rorrower£ails t�cespond to Lender wit0im 3�.ciays after the date the norice is giveu, c's �. �r�,���:
<br /> f::•� �r.ia a�nthori�d te wllect and apply the pmceeds.at its aption.either to�stora���e repazT of the Property or to the sums . f. .
<br /> . • '.� s�ui�b.y.dvs Security insuument.whether or not then dne. �`' �:-', ; '• ,
<br /> . ' 'f'-;+: .. . .E1aI�s,T�der and Borrower otherwise agree in wricing, any a�}Tlication d��5�r�principal shall not extend or . A�_
<br /> .. . r.� t e the amounc of such payments. ,. . . �E •-
<br /> . �� -. -' � 4crstgoae dre�ae date of the moathty payments tefened ta in paragaplts i and 2 bac'd6i�;. :."�:-.-._-;;�-_"
<br /> 1�.t�qsower Not Released;ForDearance By�Dtr Not a Waiver.EAt�i�uf tl�e time for paymeat or modificatioa ,.; �.. : ,_:_ .
<br />' . • of amo�n of the sams seaered 1ry this SecuncY tost��nent gra°ted by I.eader4��nY successor in interest of Borrower shall ��,��
<br /> ���?�'�=
<br /> '',;,�._� not operate�m ielease the liabiliry of the original�occ�v�'er or Borrower's successors•in interest..�Lxnder sha!!not be requiiec!t,o �:3=
<br /> . � • �omm.,�noe prnceedings against aay successor in.mtetegt or refnse to extend time for payment oc r�thetwise madify amorti�tn: ,::�:�-,r
<br /> . - ^.-�,.�-
<br /> � of the sums secured by this Security [nstrument 6� c,�son of any dem3nd made by the arigina1 Bonower or BorroK�'s'
<br /> :;;'`- successors in interest. Any forbearance by 1-endes�n exercising any right or remedy shall not be a aaiver of or preclude thb � �'' .�..�:',�.i'��°��
<br /> ;: y exercise of any right or remedy. - � ,.`'• ?=�`��
<br /> � � � i ; ers.Tl�e a��e,er.�anu aad agreemenu of c'h.�. .— --
<br /> 1� 12. Su�ois and Asstgas Bound:Jau�3 aeug Sevcra!Llabnity:Co-sign .
<br /> k � ,' rt,��`� , of Lender and Borru`•u� suDject[o the pruvisior,.���a;'.� , '.�va�,�"a
<br /> E� ;;�• gec�riry L�ment shall bind and benefit the Successors and aeaa�s , ��r°" _-
<br /> _ . "i�'!�` `< , �pr�_'t�: Borrower's covenants aad agreeme�:s�il be��i�: and several; Any Borrower who co-signs t6is Sei�e��� •. :., ....�. •, _
<br /> s � onl to mortgage,grant and convey � �'•� � FL _.
<br /> .. I�ssuumgnt b�t does.not eaecute the Note:(a)is cdsi�ing thi5�rvaarity Ins�� Y � :. �-.
<br /> �z �,. .� � uum under�he cerm�'v���+is.S�:��.��°;s not peisonally obligated to pay the s� J ' -
<br /> _ k'�.,.-Trower's iaterest in the Property . ��s
<br /> _ _�:;� ..�;�ued by this Security Instrumeiu:and tc)agrees th��l�ender:�ad:�u ot�er Bortower may ag�e to extend,madify.forb��•�r _ � ��-_:
<br /> •� :n-.� ��, _... . -.
<br /> �� :�ake an}v accommodations wiW regard to the terms of this Secuiui�°T�snument or�he Note a��xuszthat Bon+awer's��::�.� �-_ "�—
<br /> •� - � 13, Loan Charges.If the toan secuned by�his.'S�Jrity lnstrument is subject to a law�:i�qd!r`sets maximum loan cha�g'es, ` ',�..�_ �
<br /> . . � ''� • '.�,�.and that law is finalty interpreced so that the inte�a:�ir+�•her loan charges coilected or to.�,��Qaa:�ed iu.«^�!aecIon wlth the : F•... • �.�._
<br /> � �. • �'.Y. .":,',.loan exceed ttte permitted limits.then:(a)any sudr ��mi�.:harge shall be reduced by the am�;3e�ssatY��i:�i6;:ce ihe chazge l .d._. y -
<br /> � ��.��.� f � . , to�he per�itted limir and(b)any su�-�alreadY r.c�"i►��&°m B°rr°wer ahficti exc.eeded p.•.�ted limits'v�til be refuttded eo
<br /> S'r`�s1 y �G�nder may choose to a�afie:chis refund by reducin¢the principal owed u�3ie�t'?d� Note or by makiag a ditect ��--"-
<br /> ( Borrovr�'� ` , —i
<br /> �: ,�����4�.s-. - � , . . —
<br /> �,. , ,� . .., �ai+�et� a,'•isorrower. If a refund�t�daces principal. the�rec�3ra,��n wiil be treated as g'�partial prepayment withouL,`;ao�y , —
<br /> ' . 'i,,� �I�1� ,, �����c�'k�8eundeg'rheNote. �,.•.. ..,.. . :, .. . --
<br /> `� �, i,�,.L�o�.�s,Aqyi����trce to Borrower provided fot in this Secudty 1nstrur�.�anE'shal�be given by deliveriag it or by mailing „, ,�:.
<br /> srk�`�°(,l ;.� , `� 'Y��y'�'ii�t•i�a�ss mspl nnless applicable law reqnirrs use of anottter.ut.ethod.The'��ase shall be diretted to tt►e Propertyr Address
<br /> ��,xi•�. of j�id�'i� address Bonower designates by norice �o lxndea. �:y.y notice to l.ender shall be given by first class mail to ,j;����,__:
<br /> , .���.� , � �;: . .
<br />: ' �,'.`,'•f •,�� , .Lender s�:��ress stated hemin or any other address Lender desi�zs by norice to Borrower• My notice proyided for in thls •:�tr���;
<br /> ' ,. ;; Securitjr Instrument shall be deeraed to have beea gire�co Barrower or l.ender`avben given as provided in this parag,�apb. , a�;�;x,.
<br /> n -
<br /> - _. . . ,'�'�•.�;.i 15.Gnvern(ng 1.ew; Severability. This S�ty instruraent shall be govemed by federal taw and the iaw of the . .:;•.,r1�.w�---�
<br /> ' '- i' ' "• �� juT'tsd�lsi�r��i�which the P[oper[y i51CCeled. In the event that any provision or clause of tbis_Security Insimment or the Note . `t fi��r-�
<br /> � j ,. ,::..
<br /> • ' ��Afa°`•;,� �. conflia�r w�ti�applicable law.sucb coakl,ict sha11 not affect other pmvisions of this Securisy�=ument or the Note whieh can be a ,"• J� `�
<br /> . ven ef#'.�l.�without the confl�Ming j?mGV:sion.To this end�he pmvisions of tLis Sec.vrity[n.�n�suent and the Note are dectared � +
<br /> t f{f{���f}.}� g� + .;,ti���,._
<br /> i . , 8�f�1Y�j • to be severable. ;.
<br /> ; • �}ke {! : 16.Bormxer's Copy.Borrower shail be given one conformed copy of the Note and of this Securi�y Instrnment. ' .:
<br /> � ' •,a,:4�,����" .'... . . form 3028 9190 •.��'j. .` {. �
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